Vice President, Marketing Employment Agreement

EXHIBIT 10.48
OFFER OF EMPLOYMENT LETTER FROM THE COMPANY
TO GURI STARK


September 4, 1998


Mr. Guri Stark 50 Aaron Drive Novato, CA 94949


Dear Guri,


We are very pleased to offer you the position of Vice President, Vice President, Marketing of our Digital Imaging Solutions SBU, reporting to Michael Steep, Sr. VP/GM pending successful completion of a background check.


ENCAD's goal is to provide its executive team with a competitive compensation program that rewards the team on performance and contribution to the growth and success of our organization. The Board of Directors has set forth an executive compensation philosophy that provides:


- Base salary compensation at the 50th - 60th percentile of salaries at
high tech companies of comparable size.


- An annual incentive plan that is leverage so performance substantially
above targeted financial levels will result in total annual cash
compensation above competitive levels.


In the spirit of our executive compensation philosophy, we are pleased to offer you the following:


- A base salary of ** bi-weekly **.


- A start date of October 5, 1998.


- Stock options in the amount of ** shares. The price per share of
these options will be determined by the fair market value on the date
of grant under the terms of ENCAD's Stock Option Plan. A meeting to
explain your stock option plan will be held shortly after you begin
work. Key employees who participate in the stock option plan will be
expected to give their full professional effort to the Company.
Outside consulting is discouraged except when done through ENCAD.


- A car allowance of ** (gross) per month.


- 3 weeks vacation per year.


- Participation in ENCAD's Executive bonus program. This program
provides for a range of bonus from ** to ** of your base annual
salary with a 100% target of 30%. Bonus payouts are based on the
Company's operating profit before taxes and your individual
performance against pre-established objectives. Your bonus for 1998
will be pro-rated based on your start date, with a guarantee of **
provided


** CONFIDENTIAL TREATMENT REQUESTED


successful completion of your 1998 personal objectives. Details of the
plan will be provided to you upon hire.


- Participation in ENCAD's semi ...