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8X8 Promissory Note 06-29-1996

LOGO 8x8, INC.


$88,200 Santa Clara, California

June 29, 1996

FOR VALUE RECEIVED, /s/ Chris McNiffe promises to pay to 8x8, Inc., a

California corporation (the "Company"), or order, the principal sum of

Eighty-eight thousand two hundred ($88,200 ), together with interest on the

unpaid principal hereof from the date hereof at the rate of six and four tenths

percent (6.4%) per annum, compounded semiannually and paid when the principal is


Principal and any accrued but unpaid interest shall be due and payable

five (5) years from the date of this Note. Should the undersigned fail to make

full payment of principal or interest for a period of 10 days or more after the

due date thereof, the whole unpaid balance on this Note of principal and

interest shall become immediately due at the option of the holder of this Note.

Payments of principal and interest shall be made in lawful money of the United

States of America. Payments shall be applied first to interest, then to


The undersigned may at any time prepay all or any portion of the

principal or interest owing hereunder.

This note is subject to the terms of the Stock Purchase Agreement dated

as of this same date. This Note is secured by a pledge of the Company's Common

Stock under the terms of a Security Agreement of even date herewith and is

subject to all the provisions thereof.

The holder of this Note shall have full recourse against the

undersigned to the extent of one tenth (1/10) of the face amount of the Note

plus any accrued but unpaid interest, and shall be required to proceed against

the collateral securing this Note in the event of default before proceeding

against the undersigned. Thus one-tenth of the principal is personal recourse

and all interest is personal recourse.

In the event that undersigned shall cease to be an employee, director

or consultant of the Company for any reason, this Note shall at the option of

the Company, be accelerated, and the whole unpaid balance on this Note of

principal and accrued interest shall be immediately due and payable thirty days

after ceasing to be an employee, director or consultant or one year if

termination is due to death or disability. In any event, this note is due and

payable before the undersigned transfers the stock; provided that as a

proportionate amount of the principal is paid, a proportionate amount of the

stock securing this Note will be released from the pledge and then be free of

any lien related to this note.

This Note is governed by the laws of California.

/s/ Chris McNiffe


Chris McNiffe