As filed with the Securities and Exchange Commission on _________, 1996
                                                     Registration No. 33-
================================================================================
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                            -----------------------
                                    FORM S-8
                             REGISTRATION STATEMENT

                                      UNDER
                           THE SECURITIES ACT OF 1933

                            -----------------------
                          Electronics for Imaging, Inc.
             (Exact name of registrant as specified in its charter)

                            -----------------------
        Delaware                                        94-3086355
(State of Incorporation)                    (I.R.S. Employer Identification No.)

                            -----------------------
                                2855 Campus Drive
                           San Mateo, California 94403
                                 (415) 286-8600

          (Address and telephone number of principal executive offices)

                            -----------------------

                                 1990 Stock Plan
                            (Full title of the plan)

                                    Dan Avida
                      President and Chief Executive Officer
                                2855 Campus Drive
                           San Mateo, California 94403
                                 (415) 286-8600

            (Name, address, including zip code, and telephone number,
                   including area code, of agent for service)

                            -----------------------
                                   Copies to:
                                Andrei M. Manoliu

                     Cooley Godward Castro Huddleson & Tatum
                              Five Palo Alto Square
                               3000 El Camino Real
                        Palo Alto, California 94306-2155
                                 (415) 843-5000

                             -----------------------

<TABLE>
                         CALCULATION OF REGISTRATION FEE

==========================================================================================================================
<CAPTION>
                                                Proposed Maximum           Proposed Maximum
Title of Securities to be    Amount to be   Offering Price Per Share   Aggregate Offering Price   Amount of Registration
       Registered             Registered              (1)                        (1)                        Fee
- --------------------------------------------------------------------------------------------------------------------------
<S>                             <C>                   <C>                    <C>                        <C>
Stock Options and
Common Stock (par
value $.01)                     950,000               $63.75                 $60,562,500                $20,883.62
==========================================================================================================================
<FN>
(1)  Estimated  solely  for  the  purpose  of  calculating  the  amount  of  the
registration  fee  pursuant to Rule  457(h).  The price per share and  aggregate
offering  price  are  based  upon the  average  of the high  and low  prices  of
Registrant's  Common  Stock on  September  3, 1996  ($63.75)  as reported on The
Nasdaq National Market.
</FN> 
</TABLE>


                                                         Exhibit Index at Page 2


<PAGE>

                 INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE

         The  following  documents  filed by  Electronics  for Imaging,  Inc., a
Delaware  corporation  (the  "Registrant"),  with the  Securities  and  Exchange
Commission  (the "SEC") are  incorporated  by reference  into this  Registration
Statement:

         (a) The  Registrant's  latest Annual Report on Form 10-K filed pursuant
to Sections  13(a) or 15(d) of the  Securities  Exchange Act of 1934, as amended
(the  "Exchange  Act"),  that  contains  audited  financial  statements  for the
Company's latest fiscal year for which such statements have been filed.

         (b) All other reports filed  pursuant to Sections 13(a) or 15(d) of the
Exchange  Act since the end of the fiscal  year  covered  by the  Annual  Report
referred to in (a) above.

         (c) The description of the Registrant's Common Stock which is contained
in a registration statement filed with the SEC under the Exchange Act, including
any amendment or report filed for the purpose of updating such description.

         All reports and other  documents  subsequently  filed by the Registrant
pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the
filing of a post-effective amendment which indicates that all securities offered
have been sold or which deregisters all securities then remaining unsold,  shall
be  deemed  to be  incorporated  by  reference  herein  and to be a part of this
Registration  Statement  from  the  date  of the  filing  of  such  reports  and
documents.

                            DESCRIPTION OF SECURITIES

         Not applicable.

                     INTERESTS OF NAMED EXPERTS AND COUNSEL

         Not applicable.

                    INDEMNIFICATION OF DIRECTORS AND OFFICERS

         Under Section 145 of the Delaware General  Corporation Law, the Company
has broad powers to indemnify  its directors  and officers  against  liabilities
they may incur in such capacities,  including  liabilities  under the Securities
Act  of  1933  (the  "Securities  Act").  The  Company's  Amended  and  Restated
Certificate of Incorporation requires the Company to indemnify its directors and
officers to the extent  permitted  by Delaware  law. The  Company's  Amended and
Restated  Bylaws  require  the Company to  indemnify  its  directors,  officers,
employees  and agents,  to the extent  permitted by Delaware law as in effect on
the date the Bylaws were adopted.  The Bylaws also permit the Company to advance
expenses incurred in defending civil or criminal actions,  suits or proceedings,
as authorized by the Board of Directors  upon receipt of an  undertaking  by the
advanced party to repay such advances if it is ultimately  determined  that such
party is not entitled to indemnification.

         The Company  has entered  into  indemnity  agreements  with each of its
directors and executive officers.  Such indemnity  agreements contain provisions
that  may  in  some  respects  be  broader  than  the  specific  indemnification
provisions contained in Delaware law.

                       EXEMPTION FROM REGISTRATION CLAIMED

         Not applicable.


                                        1


<PAGE>

                                    EXHIBITS

Exhibit
Number

4.1      1990 Stock Plan.

4.2      Form of Stock Option Agreement for use in connection
         with the 1990 Stock Plan.

5.1      Opinion of Cooley Godward Castro Huddleson & Tatum.

23.1     Consent of Price Waterhouse LLP.

23.2     Consent of Cooley  Godward  Castro  Huddleson & Tatum is  contained  in
         Exhibit 5.1 to this Registration Statement.

24.1     Power of Attorney is contained on pages 4 and 5
         of this Registration Statement.

- ----------------





                                  UNDERTAKINGS

         1.       The undersigned registrant hereby undertakes:

                  a. To file,  during  any  period in which  offers or sales are
being made, a post-effective amendment to this Registration Statement:

                          i. To  include  any  prospectus  required  by  Section
10(a)(3) of the Securities Act;

                         ii. To  reflect in the  prospectus  any facts or events
arising after the  effective  date of this  Registration  Statement (or the most
recent  post-effective   amendment  thereof)  which,   individually  or  in  the
aggregate,  represent a fundamental  change in the  information set forth in the
registration statement.  Notwithstanding the foregoing, any increase or decrease
in volume of securities offered (if the total dollar value of securities offered
would not exceed that which was  registered)  and any deviation  from the low or
high end of the estimated maximum offering range may be reflected in the form of
prospectus  filed  with  the  Commission  pursuant  to  Rule  424(b)  under  the
Securities Act if, in the aggregate,  the changes in volume and price  represent
no more than a 20% change in the maximum  aggregate  offering price set forth in
the  "Calculation  of  Registration  Fee"  table in the  effective  registration
statement; and

                        iii. To include any material information with respect to
the plan of distribution not previously disclosed in the Registration  Statement
or any material change to such information in the registration statement;

         Provided,  however,  that paragraphs (a)(i) and (a)(ii) do not apply if
the  Registration  Statement  is on  Form  S-3 or Form  S-8 and the  information
required to be included in a  post-effective  amendment by those  paragraphs  is
contained  in  periodic  reports  filed by the issuer  pursuant to Section 13 or
Section 15(d) of the Exchange Act that are incorporated by reference herein.


                                        2


<PAGE>

                  b. That,  for the purpose of determining  any liability  under
the Securities Act, each such  post-effective  amendment shall be deemed to be a
new registration  statement  relating to the securities  offered herein, and the
offering of such  securities at that time shall be deemed to be the initial bona
fide offering thereof.

                  c. To remove from  registration  by means of a  post-effective
amendment  any of the  securities  being  registered  which remain unsold at the
termination of the offering.

         2. The undersigned  registrant  hereby undertakes that, for purposes of
determining  any  liability  under  the  Securities  Act,  each  filing  of  the
registrant's  annual  report  pursuant to Section  13(a) or Section 15(d) of the
Exchange Act (and, where  applicable,  each filing of an employee benefit plan's
annual  report   pursuant  to  Section  15(d)  of  the  Exchange  Act)  that  is
incorporated by reference in the Registration  Statement shall be deemed to be a
new registration  statement  relating to the securities  offered herein, and the
offering of such  securities at that time shall be deemed to be the initial bona
fide offering thereof.

         3.  Insofar  as  indemnification  for  liabilities  arising  under  the
Securities Act may be permitted to directors,  officers and controlling  persons
of the  registrant  pursuant to the  foregoing  provisions,  or  otherwise,  the
registrant  has been advised that in the opinion of the  Securities and Exchange
Commission  such  indemnification  is against  public policy as expressed in the
Securities Act and is, therefore,  unenforceable.  In the event that a claim for
indemnification  against  such  liabilities  (other  than  the  payment  by  the
registrant of expenses  incurred or paid by a director,  officer or  controlling
person of the  registrant  in the  successful  defense  of any  action,  suit or
proceeding)  is  asserted by such  director,  officer or  controlling  person in
connection with the securities being registered,  the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit  to a  court  of  appropriate  jurisdiction  the  question  whether  such
indemnification  by it is against  public policy as expressed in the  Securities
Act and will be governed by the final adjudication of such issue.



                                        3


<PAGE>

                                   SIGNATURES

         The Registrant.  Pursuant to the  requirements of the Securities Act of
1933, as amended,  the Registrant  certifies  that it has reasonable  grounds to
believe  that it meets all of the  requirements  for  filing on Form S-8 and has
duly  caused  this  Registration  Statement  to be signed  on its  behalf by the
undersigned,  thereunto  duly  authorized,  in the City of San  Mateo,  State of
California, on September 6, 1996.

                                          ELECTRONICS FOR IMAGING, INC.

                                          By:  /s/ Dan Avida
                                             --------------------------

                                          Title  President and CEO
                                                -----------------------

                                POWER OF ATTORNEY

         KNOW ALL PERSONS BY THESE  PRESENTS,  that each person whose  signature
appears below  constitutes and appoints Dan Avida and David Warner,  and each or
any one of them, his true and lawful attorney-in-fact and agent, with full power
of substitution and resubstitution, for him and in his name, place and stead, in
any and all capacities, to sign any and all amendments (including post-effective
amendments)  to this  Registration  Statement,  and to file the  same,  with all
exhibits  thereto,  and  other  documents  in  connection  therewith,  with  the
Securities and Exchange  Commission,  granting unto said  attorneys-in-fact  and
agents,  and each of them,  full power and  authority to do and perform each and
every act and thing requisite and necessary to be done in connection  therewith,
as fully to all intents and  purposes as he might or could do in person,  hereby
ratifying and confirming all that said  attorneys-in-fact  and agents, or any of
them, or their or his substitutes or substitute,  may lawfully do or cause to be
done by virtue hereof.

            [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]


                                        4


<PAGE>

         Pursuant  to the  requirements  of the  Securities  Act of  1933,  this
Registration  Statement  has  been  signed  by  the  following  persons  in  the
capacities and on the dates indicated.

Signature                        Title                              Date

/s/    Dan Avida           President and Chief Executive       September 6, 1996
- -------------------------  Officer
      (Dan Avida)          (Principal Executive Officer)


/s/   David Warner         Vice President, Finance             September 6, 1996
- -------------------------  (Principal Financial and
     (David Warner)        Accounting Officer)


/s/    Gill Cogan          Director                            September 6, 1996
- -------------------------
      (Gill Cogan)


/s/    Dan Maydan          Director                            September 6, 1996
- -------------------------
      (Dan Maydan)


/s/  Jean-Louis Gassee     Director                            September 6, 1996
- -------------------------
    (Jean-Louis Gassee)


/s/  Thomas Unterberg      Director                            September 6, 1996
- -------------------------
    (Thomas Unterberg)


/s/    Efraim Arazi        Chairman of the Board               September 6, 1996
- -------------------------
      (Efraim Arazi)





                                        5


<PAGE>

<TABLE>

                                 EXHIBITS INDEX
<CAPTION>

Exhibit
Number                                      Description                                      Sequential Page Number
<S>         <C>                                                                              <C>
 4.1        1990 Stock Plan

 4.2        Form of Stock Option Agreement for use in connection
            with the 1990 Stock Plan.

 5.2        Form of Stock Option Agreement for use in connection with the 1990
            Stock Plan

 5.1        Opinion of Cooley Godward Castro Huddleson & Tatum

23.1        Consent of Price Waterhouse LLP

23.2        Consent of Cooley Godward Castro Huddleson & Tatum is contained in
            Exhibit 5.1 to this Registration Statement

24.1        Power of Attorney is contained on pages 4 and 5 of this Registration
            Statement.

</TABLE>



                                        6





Revised to reflect the  Company's  two-for-one  stock  split  effected by a 100%
stock dividend paid on November 30, 1995 to  stockholders of record on the close
of business on November 20, 1995.


                          ELECTRONICS FOR IMAGING, INC.


                                 1990 STOCK PLAN


         1. Purposes of the Plan. The purposes of this Stock Plan are to attract
and  retain  the  best   available   personnel  for  positions  of   substantial
responsibility,  to provide additional incentive to Employees and Consultants of
the Company  and its  Subsidiaries  and to promote the success of the  Company's
business.  Options  granted  under the Plan may be incentive  stock  options (as
defined  under  Section 422A of the Code) or  non-statutory  stock  options,  as
determined by the Administrator at the time of grant of an option and subject to
the  applicable  provisions  of Section  422A of the Code,  as amended,  and the
regulations  promulgated  thereunder.  Stock purchase rights may also be granted
under the Plan.

         2. Definitions. As used herein, the following definitions shall apply:

                  (a)  "Administrator"  means the Board or any of its Committees
appointed pursuant to Section 4 of the Plan.

                  (b) "Board" means the Committee, if one has been appointed, or
the Board of Directors of the Company, if no Committee is appointed.


                  (c)  "Code"  means  the  Internal  Revenue  Code of  1986,  as
amended.

                  (d) "Committee" means the Committee  appointed by the Board of
Directors in accordance with paragraph (a) of Section 4 of the Plan.

                  (e) "Common Stock" means the Common Stock of the Company.

                  (f) "Company" means Electronics For Imaging,  Inc., a Delaware
corporation.

                  (g) "Consultant" means any person,  including an advisor,  who
is engaged by the Company or any Parent or Subsidiary to render  services and is
compensated  for  such  services,  and  any  director  of  the  Company  whether
compensated  for such  services  or not  provided  that if and in the  event the
Company registers any class of any equity security pursuant to the Exchange Act,
the  term  Consultant  shall  thereafter  not  include  directors  who  are  not
compensated for their services or are paid only a director's fee by the Company.

                  (h)  "Continuous  Status as an Employee"  means the absence of
any interruption or termination of the employment relationship by the Company or
any  Subsidiary.  Continuous  Status  as an  Employee  shall  not be  considered
interrupted in the case of: (i) sick leave;


<PAGE>


(ii)  military  leave;  (iii) any other leave of absence  approved by the Board,
provided  that such  leave is for a period of not more than  ninety  (90)  days,
unless  reemployment upon the expiration of such leave is guaranteed by contract
or statute, or unless provided otherwise pursuant to Company policy adopted from
time to time; or (iv) in the case of transfers  between locations of the Company
or between the Company, its Subsidiaries or its successor.

                  (i)  "Employee"  means  any  person,  including  officers  and
directors,  employed by the Company or any Parent or  Subsidiary of the Company.
The  payment of a  director's  fee by the  Company  shall not be  sufficient  to
constitute "employment" by the Company.

                  (j) "Exchange Act" means the Securities  Exchange Act of 1934,
as amended.

                  (k) "Fair Market  Value" means,  as of any date,  the value of
Common Stock determined as follows:

                           (i) If the Common Stock is listed on any  established
stock  exchange or a national  market system  including  without  limitation the
National Market System of the National  Association of Securities Dealers,  Inc.
Automated  Quotation  ("NASDAQ")  System,  its Fair  Market  Value  shall be the
closing  sales  price  for such  stock (or the  closing  bid,  if no sales  were
reported, as quoted on such system or exchange or the exchange with the greatest
volume of trading in Common  Stock for the last market  trading day prior to the
time of  determination)  as reported  in the Wall  Street  Journal or such other
source as the Administrator deems reliable;

                           (ii) If the  Common  Stock is  quoted  on the  NASDAQ
System (but not on the National Market System thereof) or regularly  quoted by a
recognized  securities  dealer but  selling  prices are not  reported,  its Fair
Market  Value shall be the mean  between  the high and low asked  prices for the
Common Stock or;

                           (iii) In the absence of an established market for the
Common Stock, the Fair Market Value thereof shall be determined in good faith by
the Administrator.

                  (l)  "Incentive  Stock  Option"  means an Option  intended  to
qualify as an incentive  stock option  within the meaning of Section 422A of the
Code.

                  (m)  "Nonstatutory  Stock Option" means an Option not intended
to qualify as an Incentive Stock Option.

                  (n)  "Option"  means a stock  option  granted  pursuant to the
Plan.

                  (o)  "Optioned  Stock"  means the Common  Stock  subject to an
Option.

                  (p) "Optionee" means an Employee or Consultant who receives an
Option.

                                        2


<PAGE>

                  (q)  "Parent"  means a "parent  corporation",  whether  now or
hereafter existing, as defined in Section 425(e) of the Code.

                  (r) "Plan" means this 1990 Stock Plan.

                  (s)  "Restricted  Stock" means shares of Common Stock acquired
pursuant to a grant of Stock Purchase Rights under Section 11 below.

                  (t) "Share" means a share of the Common Stock,  as adjusted in
accordance with Section 13 of the Plan.

                  (u) "Subsidiary" means a "subsidiary corporation", whether now
or hereafter existing, as defined in Section 425(f) of the Code.

         3. Stock Subject to the Plan.  Subject to the  provisions of Section 13
of the Plan,  the maximum  aggregate  number of shares which may be optioned and
sold  under  the  Plan  is  6,102,574   shares  of  Common  Stock   (reflects  a
three-for-two  stock split  effected on August 13, 1992 and a two-for-one  stock
split effected  November 30, 1995 by a 100% stock  dividend).  The shares may be
authorized, but unissued, or reacquired Common Stock.

                  If an Option  should  expire or become  unexercisable  for any
reason without having been exercised in full, the unpurchased  Shares which were
subject  thereto  shall,  unless  the Plan shall  have been  terminated,  become
available for future grant under the Plan.

         4. Administration of the Plan.

                  (a) Procedure.

                           (i)  Administration  With  Respect to  Directors  and
Officers.  With  respect  to  grants  of  Options  or Stock  Purchase  Rights to
Employees who are also  officers or directors of the Company,  the Plan shall be
administered by (A) the Board if the Board may administer the Plan in compliance
with Rule 16b-3  promulgated  under the  Exchange Act or any  successor  thereto
("Rule  16b-3")  with  respect to a plan  intended  to qualify  thereunder  as a
discretionary plan, or (B) a Committee designated by the Board to administer the
Plan,  which  Committee  shall be  constituted in such a manner as to permit the
Plan to comply  with Rule  16b-3  with  respect  to a plan  intended  to qualify
thereunder  as a  discretionary  plan.  Once  appointed,  such  Committee  shall
continue to serve in its  designated  capacity until  otherwise  directed by the
Board.  From time to time the Board may increase the size of the  Committee  and
appoint additional  members thereof,  remove members (with or without cause) and
appoint new members in substitution  therefor,  fill vacancies,  however caused,
and remove all members of the Committee and thereafter  directly  administer the
Plan, all to the extent  permitted by Rule 16b-3 with respect to a plan intended
to qualify thereunder as a discretionary plan.


                                        3


<PAGE>

                           (ii) Multiple  Administrative Bodies. If permitted by
Rule 16b-3,  the Plan may be  administered  by different  bodies with respect to
directors,  non-director  officers and Employees  who are neither  directors nor
officers.

                           (iii)  Administration With Respect to Consultants and
Other  Employees.  With respect to grants of Options or Stock Purchase Rights to
Employees or Consultants who are neither  directors nor officers of the Company,
the Plan shall be administered by (A) the Board or (B) a Committee designated by
the Board,  which  Committee shall be constituted in such a manner as to satisfy
the legal requirements  relating to the administration of incentive stock option
plans,  if any, of Delaware  corporate and securities  laws and of the Code (the
"Applicable  Laws").  Once appointed,  such Committee shall continue to serve in
its designated capacity until otherwise directed by the Board. From time to time
the Board may increase the size of the Committee and appoint  additional members
thereof,  remove  members  (with or without  cause) and  appoint  new members in
substitution therefor, fill vacancies, however caused, and remove all members of
the Committee and  thereafter  directly  administer  the Plan, all to the extent
permitted by the Applicable Laws.

                  (b) Powers of the Administrator.  Subject to the provisions of
the Plan and in the case of a Committee,  the specific  duties  delegated by the
Board to such  Committee,  the  Administrator  shall have the authority,  in its
discretion:

                           (i) to determine  the Fair Market Value of the Common
Stock, in accordance with Section 2(k) of the Plan;

                           (ii)  to  select  the   officers,   Consultants   and
Employees  to whom  Options and Stock  Purchase  Rights may from time to time be
granted hereunder;

                           (iii) to determine whether and to what extent Options
and Stock Purchase Rights or any combination thereof, are granted hereunder;

                           (iv) to  determine  the  number  of  shares of Common
Stock to be covered by each such award granted hereunder;

                           (v) to approve  forms of agreement  for use under the
Plan;

                           (vi) to  determine  the  terms  and  conditions,  not
inconsistent  with  the  terms  of the  Plan,  of any  award  granted  hereunder
(including,  but  not  limited  to,  the  share  price  and any  restriction  or
limitation,  or any vesting  acceleration  or waiver of forfeiture  restrictions
regarding  any Option or other award and/or the shares of Common Stock  relating
thereto,  based  in  each  case  on  such  factors  as the  Administrator  shall
determine, in its sole discretion);

                           (vii)   to   determine   whether   and   under   what
circumstances  an Option may be settled in cash under subsection 9(f) instead of
Common Stock;

                                        4


<PAGE>

                           (viii) to determine whether, to what extent and under
what  circumstances  Common Stock and other  amounts  payable with respect to an
award under this Plan shall be deferred either  automatically or at the election
of the participant  (including providing for and determining the amount, if any,
of any deemed earnings on any deferred amount during any deferral period);

                           (ix) to reduce  the  exercise  price of any Option to
the then  current Fair Market Value if the Fair Market Value of the Common Stock
covered  by such  Option  shall  have  declined  since the date the  Option  was
granted; and

                           (x)  to   determine   the  terms   and   restrictions
applicable  to Stock  Purchase  Rights and the  Restricted  Stock  purchased  by
exercising such Stock Purchase Rights.

                  (c)  Effect  of  Administrator's   Decision.   All  decisions,
determinations  and  interpretations  of the  Administrator  shall be final  and
binding on all Optionees and any other holders of any Options.

         5. Eligibility.

                  (a) Nonstatutory Stock Options may be granted to Employees and
Consultants.  Incentive  Stock  Options  may be granted  only to  Employees.  An
Employee or  Consultant  who has been  granted an Option may, if he is otherwise
eligible, be granted an additional Option or Options.

                  (b) Each Option  shall be  designated  in the  written  option
agreement as either an Incentive  Stock Option or a  Nonstatutory  Stock Option.
However,  notwithstanding  such  designations,  to the extent that the aggregate
Fair Market  Value of the Shares with  respect to which  Options  designated  as
Incentive  Stock  Options  are  exercisable  for the first time by any  Optionee
during  any  calendar  year  (under  all plans of the  Company  or any Parent or
Subsidiary)   exceeds  $100,000,   such  excess  Options  shall  be  treated  as
Nonstatutory Stock Options.

                  (c) For  purposes of Section  5(b),  Incentive  Stock  Options
shall be taken into  account in the order in which  they were  granted,  and the
Fair Market  Value of the Shares shall be  determined  as of the time the Option
with respect to such Shares is granted.

                  (d) The Plan shall not confer upon any Optionee any right with
respect to  continuation  of  employment  or  consulting  relationship  with the
Company, nor shall it interfere in any way with his right or the Company's right
to terminate  his  employment or consulting  relationship  at any time,  with or
without cause.

                  (e) The following limitations shall apply to grants of Options
and Stock Purchase Rights to Employees:

                                        5


<PAGE>

                  (i) No Employee  shall be  granted,  in any fiscal year of the
Company,  Options  and Stock  Purchase  Rights to purchase  more than  1,000,000
Shares (reflects a two-for-one  stock split effected November 30, 1995 by a 100%
stock dividend).

                  (ii)   The    foregoing    limitation    shall   be   adjusted
proportionately in connection with any change in the Company's capitalization as
described in Section 13.

                  (iii) If an Option or Stock  Purchase Right is canceled in the
same  fiscal  year  of the  Company  in  which  it was  granted  (other  than in
connection  with a transaction  described in Section 13), the canceled Option or
Stock  Purchase  Right  will be counted  against  the limit set forth in Section
5(e)(i).  For this purpose, if the exercise price of an Option or Stock Purchase
Right is  reduced,  the  transaction  will be treated as a  cancellation  of the
Option or Stock  Purchase  Right and the grant of a new Option or Stock Purchase
Right.

         6. Term of Plan.  The Plan shall become  effective  upon the earlier to
occur  of its  adoption  by the  Board  of  Directors  or  its  approval  by the
shareholders  of the Company as  described  in Section 19 of the Plan.  It shall
continue in effect for a term of ten (10) years unless sooner  terminated  under
Section 15 of the Plan.

         7. Term of Option.  The term of each Option shall be the term stated in
the Option Agreement;  provided, however, that in the case of an Incentive Stock
Option,  the term  shall be no more than ten (10)  years  from the date of grant
thereof  or  such  shorter  term as may be  provided  in the  Option  Agreement.
However,  in the case of an Option  granted to an Optionee  who, at the time the
Option is granted,  owns stock  representing  more than ten percent (10%) of the
voting power of all classes of stock of the Company or any Parent or Subsidiary,
the term of the Option shall be five (5) years from the date of grant thereof or
such shorter term as may be provided in the Option Agreement.

         8. Option Exercise Price and Consideration.

                  (a) The per share  exercise  price for the Shares to be issued
pursuant to exercise of an Option  shall be such price as is  determined  by the
Board, but shall be subject to the following:

                             (i)    In the case of an Incentive Stock Option

                                    (A) granted to an Employee  who, at the time
of the grant of such Incentive Stock Option,  owns stock  representing more than
ten percent  (10%) of the voting power of all classes of stock of the Company or
any Parent or  Subsidiary,  the per Share  exercise  price shall be no less than
110% of the Fair Market Value per Share on the date of grant.

                                    (B) granted to any  Employee,  the per Share
exercise  price shall be no less than 100% of the Fair Market Value per Share on
the date of grant.

                                        6


<PAGE>


                           (ii) In the case of a Nonstatutory Stock Option

                                    (A)  granted to a person who, at the time of
the grant of such Option, owns stock representing more than ten percent (10%) of
the  voting  power of all  classes  of stock of the  Company  or any  Parent  or
Subsidiary,  the per Share exercise price shall be no less than 110% of the Fair
Market Value per Share on the date of the grant.

                                    (B)  granted  to any  person,  the per Share
exercise  price shall be no less than 100% of the Fair Market Value per Share on
the date of grant.

                  (b) The  consideration  to be paid for the Shares to be issued
upon exercise of an Option, including the method of payment, shall be determined
by the Board and may consist  entirely of cash,  check,  promissory  note, other
Shares of Common  Stock  which (i) either have been owned by the  Optionee  more
than six (6) months on the date of surrender or were not  acquired,  directly or
indirectly,  from the Company,  and (ii) have a Fair Market Value on the date of
surrender  equal to the aggregate  exercise price of the Shares as to which said
Option shall be exercised,  or any  combination  of such methods of payment,  or
such other consideration and method of payment for the issuance of Shares to the
extent permitted under Section 152 of the Delaware  Corporation  law;  provided,
however, that in the case of an Incentive Stock Option, such determination shall
be  made at date  of  grant.  In  making  its  determination  as to the  type of
consideration  to  accept,  the  Board  shall  consider  if  acceptance  of such
consideration may be reasonably  expected to benefit the Company (Section 152 of
the Delaware Corporation law).

         9. Exercise of Option.

                  (a)  Procedure  for  Exercise;  Rights as a  Shareholder.  Any
Option  granted  hereunder  shall be  exercisable  at such  times and under such
conditions  as  determined  by the Board,  including  performance  criteria with
respect to the Company and/or the Optionee,  and as shall be  permissible  under
the terms of the Plan.

                           An Option may not be  exercised  for a fraction  of a
Share.

                           An  Option  shall  be  deemed  to be  exercised  when
written notice of such exercise has been given to the Company in accordance with
the terms of the Option by the person  entitled to exercise  the Option and full
payment for the Shares with  respect to which the Option is  exercised  has been
received by the Company.  Full payment may, as authorized by the Board,  consist
of any  consideration  and method of payment allowable under Section 8(b) of the
Plan. Until the issuance (as evidenced by the appropriate  entry on the books of
the Company or of a duly authorized  transfer agent of the Company) of the stock
certificate evidencing such Shares, no right to vote or receive dividends or any
other rights as a  shareholder  shall exist with respect to the Optioned  Stock,
notwithstanding the exercise of the Option. The Company shall issue (or cause to
be issued) such stock certificate promptly upon exercise of the Option. No

                                        7

<PAGE>

adjustment  will be made for a dividend or other right for which the record date
is prior to the date the stock  certificate  is issued,  except as  provided  in
Section 11 of the Plan.

                           Exercise of an Option in any manner shall result in a
decrease in the number of Shares which  thereafter  may be  available,  both for
purposes of the Plan and for sale under the  Option,  by the number of Shares as
to which the Option is exercised.

                  (b) Termination of Employment.  In the event of termination of
an Optionee's  consulting  relationship or Continuous Status as an Employee with
the Company (as the case may be), such Optionee may, but only within ninety (90)
days (or such other  period of time as is  determined  by the  Board,  with such
determination in the case of an Incentive Stock Option being made at the time of
grant of the Option and not  exceeding  ninety (90) days) after the date of such
termination  (but in no event later than the expiration date of the term of such
Option as set forth in the Option Agreement),  exercise his Option to the extent
that  Optionee was entitled to exercise it at the date of such  termination.  To
the extent that  Optionee was not entitled to exercise the Option at the date of
such termination,  or if Optionee does not exercise such Option to the extent so
entitled within the time specified herein, the Option shall terminate. Provided,
however,  that if under then  applicable  rules  adopted by the  Securities  and
Exchange  Commission  under  Section 16 of the  Securities  Exchange Act of 1934
Optionee  could not  exercise  the Option  within  such  ninety  (90) day period
without incurring short swing trading liability,  then the time within which the
Option may be  exercised  shall (if Optionee so requests in writing) be extended
for so long as necessary to permit exercise without  incurring such liability up
to a maximum of seven (7) months after the date of termination.

                  (c) Disability of Optionee.  Notwithstanding the provisions of
Section 9(b) above,  in the event of  termination  of an  Optionee's  Consulting
relationship  or  Continuous  Status as an Employee as a result of his total and
permanent disability (as defined in Section 22(e)(3) of the Code), Optionee may,
but only within twelve (12) months from the date of such  termination (but in no
event later than the expiration  date of the term of such Option as set forth in
the Option  Agreement),  exercise the Option to the extent otherwise entitled to
exercise it at the date of such termination. To the extent that Optionee was not
entitled to exercise the Option at the date of termination,  or if Optionee does
not  exercise  such Option to the extent so entitled  within the time  specified
herein, the Option shall terminate.

                  (d)  Death  of  Optionee.  In the  event  of the  death  of an
Optionee,  the Option may be  exercised,  at any time within  twelve (12) months
following the date of death (but in no event later than the  expiration  date of
the term of such Option as set forth in the Option Agreement), by the Optionee's
estate or by a person who  acquired  the right to exercise the Option by bequest
or inheritance, but only to the extent the Optionee was entitled to exercise the
Option at the date of death.  To the extent that  Optionee  was not  entitled to
exercise the Option at the date of termination, or if Optionee does not exercise
such  Option to the extent so entitled  within the time  specified  herein,  the
Option shall terminate.

                                        8

<PAGE>

                  (e) Rule 16b-3.  Options granted to persons subject to Section
16(b) of the  Exchange  Act must comply with Rule 16b-3 and shall  contain  such
additional  conditions or restrictions as may be required  thereunder to qualify
for the maximum  exemption  from  Section 16 of the Exchange Act with respect to
Plan transactions.

                  (f) Buyout Provisions. The Administrator may at any time offer
to buy out for a payment in cash or Shares, an Option previously granted,  based
on  such  terms  and  conditions  as  the  Administrator   shall  establish  and
communicate to the Optionee at the time that such offer is made.

         10.  Non-Transferability  of  Options.  The  Option  may  not be  sold,
pledged, assigned, hypothecated, transferred, or disposed of in any manner other
than by will or by the laws of descent  or  distribution  and may be  exercised,
during the lifetime of the Optionee, only by the Optionee.

         11. Stock Purchase Rights.

                  (a) Rights to Purchase.  Stock  Purchase  Rights may be issued
either alone,  in addition to, or in tandem with other awards  granted under the
Plan  and/or  cash  awards  made  outside of the Plan.  After the  Administrator
determines  that it will offer Stock  Purchase  Rights under the Plan,  it shall
advise the offeree in writing of the terms,  conditions and restrictions related
to the offer,  including the number of Shares that such person shall be entitled
to purchase, the price to be paid (which price shall not be less than 50% of the
Fair  Market  Value of the  Shares  as of the date of the  offer),  and the time
within which such person must accept such offer,  which shall in no event exceed
thirty  (30)  days  from  the  date  upon  which  the  Administrator   made  the
determination  to grant the Stock Purchase Right. The offer shall be accepted by
execution of a Restricted Stock purchase agreement in the form determined by the
Administrator.  Shares purchased pursuant to the grant of a Stock Purchase Right
shall be referred to herein as "Restricted Stock."

                  (b) Repurchase  Option.  Unless the  Administrator  determines
otherwise,  the Restricted  Stock purchase  agreement  shall grant the Company a
repurchase option  exercisable upon the voluntary or involuntary  termination of
the purchaser's  employment with the Company for any reason  (including death or
Disability).   The  purchase  price  for  Shares  repurchased  pursuant  to  the
Restricted  Stock  purchase  agreement  shall be the original  price paid by the
purchaser and may be paid by cancellation  of any  indebtedness of the purchaser
to the Company.  The repurchase option shall lapse at such rate as the Committee
may determine.

                  (c) Other Provisions.  The Restricted Stock purchase agreement
shall contain such other terms,  provisions and conditions not inconsistent with
the Plan as may be determined by the  Administrator in its sole  discretion.  In
addition, the provisions of Restricted Stock purchase agreements need not be the
same with respect to each purchaser.

                                        9

<PAGE>

                  (d) Rights as a Shareholder.  Once the Stock Purchase Right is
exercised,  the  purchaser  shall  have  the  rights  equivalent  to  those of a
shareholder, and shall be a shareholder when his or her purchase is entered upon
the records of the duly authorized  transfer agent of the Company. No adjustment
will be made for a dividend or other right for which the record date is prior to
the date the Stock Purchase Right is exercised, except as provided in Section 13
of the Plan.

         12. Stock  Withholding to Satisfy  Withholding Tax Obligations.  At the
discretion of the Administrator,  Optionees may satisfy withholding  obligations
as  provided  in this  paragraph.  When an  Optionee  incurs  tax  liability  in
connection  with an Option or Stock  Purchase  Right,  which  tax  liability  is
subject to tax  withholding  under  applicable  tax laws,  and the  Optionee  is
obligated to pay the Company an amount required to be withheld under  applicable
tax laws, the Optionee may satisfy the withholding tax obligation by electing to
have the  Company  withhold  from the Shares to be issued  upon  exercise of the
Option,  or the Shares to be issued in connection with the Stock Purchase Right,
if any,  that number of Shares  having a Fair  Market  Value equal to the amount
required  to be  withheld.  The Fair  Market  Value of the Shares to be withheld
shall be  determined  on the date that the amount of tax to be withheld is to be
determined (the "Tax Date").

         All  elections by an Optionee to have Shares  withheld for this purpose
shall be made in writing in a form acceptable to the  Administrator and shall be
subject to the following restrictions:

                  (a) the  election  must be made on or prior to the  applicable
Tax Date;

                  (b) once made,  the election  shall be  irrevocable  as to the
particular Shares of the Option or Right as to which the election is made;

                  (c)  all  elections   shall  be  subject  to  the  consent  or
disapproval of the Administrator;

                  (d) if the  Optionee  is subject to Rule 16b-3,  the  election
must comply with the applicable provisions of Rule 16b-3 and shall be subject to
such  additional  conditions or  restrictions  as may be required  thereunder to
qualify for the  maximum  exemption  from  Section 16 of the  Exchange  Act with
respect to Plan transactions.

         In the  event  the  election  to  have  Shares  withheld  is made by an
Optionee  and the Tax Date is deferred  under  Section 83 of the Code because no
election is filed under  Section 83(b) of the Code,  the Optionee  shall receive
the full  number of Shares  with  respect to which the Option or Stock  Purchase
Right is  exercised  but such  Optionee  shall be  unconditionally  obligated to
tender back to the Company the proper number of Shares on the Tax Date.

                                       10

<PAGE>

         13.  Adjustments Upon Changes in Capitalization  or Merger.  Subject to
any required action by the shareholders of the Company,  the number of shares of
Common Stock  covered by each  outstanding  Option,  and the number of shares of
Common Stock which have been  authorized  for issuance  under the Plan but as to
which no Options have yet been  granted or which have been  returned to the Plan
upon  cancellation or expiration of an Option, as well as the price per share of
Common Stock covered by each such outstanding  Option,  shall be proportionately
adjusted for any  increase or decrease in the number of issued  shares of Common
Stock  resulting  from a stock  split,  reverse  stock  split,  stock  dividend,
combination or  reclassification  of the Common Stock,  or any other increase or
decrease in the number of issued shares of Common Stock effected without receipt
of  consideration  by the Company;  provided,  however,  that  conversion of any
convertible securities of the Company shall not be deemed to have been "effected
without receipt of  consideration."  Such adjustment shall be made by the Board,
whose  determination  in that respect  shall be final,  binding and  conclusive.
Except as  expressly  provided  herein,  no issuance by the Company of shares of
stock of any class, or securities convertible into shares of stock of any class,
shall affect, and no adjustment by reason thereof shall be made with respect to,
the number or price of shares of Common Stock subject to an Option.

                  In the event of the proposed dissolution or liquidation of the
Company, the Board shall notify the Optionee at least fifteen (15) days prior to
such proposed action.  To the extent it has not been previously  exercised,  the
Option will terminate  immediately  prior to the  consummation  of such proposed
action.  In  the  event  of a  merger  of  the  Company  with  or  into  another
corporation,  the  Option  shall be  assumed or an  equivalent  option  shall be
substituted  by such  successor  corporation  or a parent or  subsidiary of such
successor  corporation.  In the event that such successor  corporation  does not
agree to assume the Option or to  substitute  an  equivalent  option,  the Board
shall, in lieu of such assumption or  substitution,  provide for the Optionee to
have the right to exercise the Option as to all of the Optioned Stock, including
Shares as to which the Option would not otherwise be  exercisable.  If the Board
makes an Option fully  exercisable in lieu of assumption or  substitution in the
event of a merger,  the Board shall notify the Optionee that the Option shall be
fully  exercisable  for a period  of  fifteen  (15)  days  from the date of such
notice, and the Option will terminate upon the expiration of such period.

         14. Time of Granting Options. The date of grant of an Option shall, for
all purposes,  be the date on which the  Administrator  makes the  determination
granting such Option,  or such other date as is determined by the Board.  Notice
of the  determination  shall be given to each  Employee or Consultant to whom an
Option is so granted within a reasonable time after the date of such grant.

         15. Amendment and Termination of the Plan.

                  (a)  Amendment  and  Termination.  The  Board  may at any time
amend,  alter,  suspend or discontinue  the Plan, but no amendment,  alteration,
suspension or discontinuation

                                       11

<PAGE>

shall be made which  would  impair the  rights of any  Optionee  under any grant
theretofore  made,  without  his or her  consent.  In  addition,  to the  extent
necessary and desirable to comply with Rule 16b-3 under the Exchange Act or with
Section 422A of the Code (or any other  applicable law or regulation,  including
the  requirements  of the NASD or an established  stock  exchange),  the Company
shall obtain shareholder  approval of any Plan amendment in such a manner and to
such a degree as required.

                  (b) Effect of Amendment or Termination.  Any such amendment or
termination  of the Plan  shall not  affect  Options  already  granted  and such
Options  shall  remain  in full  force  and  effect as if this Plan had not been
amended or terminated, unless mutually agreed otherwise between the Optionee and
the Board, which agreement must be in writing and signed by the Optionee and the
Company.

         16.  Conditions  Upon  Issuance of Shares.  Shares  shall not be issued
pursuant to the exercise of an Option unless the exercise of such Option and the
issuance  and  delivery of such Shares  pursuant  thereto  shall comply with all
relevant provisions of law, including, without limitation, the Securities Act of
1933,  as amended,  the  Exchange  Act,  the rules and  regulations  promulgated
thereunder, and the requirements of any stock exchange upon which the Shares may
then be listed,  and shall be further subject to the approval of counsel for the
Company with respect to such compliance.

                  As a condition to the  exercise of an Option,  the Company may
require the person  exercising  such Option to represent and warrant at the time
of any such exercise that the Shares are being purchased only for investment and
without  any  present  intention  to sell or  distribute  such Shares if, in the
opinion of counsel for the Company,  such a representation is required by any of
the aforementioned relevant provisions of law.

         17. Reservation of Shares.  The Company,  during the term of this Plan,
will at all times reserve and keep  available  such number of Shares as shall be
sufficient to satisfy the requirements of the Plan.

                  The  inability  of the  Company to obtain  authority  from any
regulatory body having jurisdiction,  which authority is deemed by the Company's
counsel to be necessary to the lawful issuance and sale of any Shares hereunder,
shall relieve the Company of any liability in respect of the failure to issue or
sell  such  Shares  as to which  such  requisite  authority  shall not have been
obtained.

         18. Agreements. Options and Stock Purchase Rights shall be evidenced by
written agreements in such form as the Board shall approve from time to time.

                                       12

<PAGE>

         19. Shareholder  Approval.  Continuance of the Plan shall be subject to
approval by the  shareholders of the Company within twelve (12) months before or
after the date the Plan is adopted.  Such shareholder approval shall be obtained
in the degree and manner required under applicable state and federal law.

         20.  Information  to  Optionees.  The  Company  shall  provide  to each
Optionee,  during the period for which  such  Optionee  has one or more  Options
outstanding,  copies  of all  annual  reports  and other  information  which are
provided to all  shareholders of the Company.  The Company shall not be required
to provide such information if the issuance of Options under the Plan is limited
to key employees whose duties in connection with the Company assure their access
to equivalent information.

                                       13



                  

                          ELECTRONICS FOR IMAGING, INC.

                                 1990 STOCK PLAN

                             STOCK OPTION AGREEMENT

         1.  Grant  of  Option.   Electronics  for  Imaging,  Inc.,  a  Delaware
corporation (the  "Company"),  hereby grants to the Optionee named in the Notice
of Stock Option Grant (the  "Optionee"),  an option (the "Option") to purchase a
total number of shares of Common Stock (the "Shares") set forth in the Notice of
Stock Option Grant,  at the exercise  price per share set forth in the Notice of
Stock Option Grant (the "Exercise Price") subject to the terms,  definitions and
provisions of the 1990 Stock Plan (the "Plan") adopted by the Company,  which is
incorporated  herein by reference.  Unless otherwise  defined herein,  the terms
defined in the Plan shall have the same defined meanings in this Option.

         If designated in the Notice of Stock Option Grant as an Incentive Stock
Option ("ISO"),  this Option is intended to qualify as an Incentive Stock Option
as defined in Section 422 of the Code.

         2. Exercise of Option. This Option shall be exercisable during its term
in accordance  with the Exercise  Schedule set out in the Notice of Stock Option
Grant and with the provisions of Section 8 of the Plan as follows:

              (i) Right to Exercise.

                   (a) This  Option may not be  exercised  for a  fraction  of a
share.

                   (b) In the event of
  Optionee's  death,  disability  or other
termination  of  employment,  the  exercisability  of the Option is  governed by
Sections 4, 5 and 6 below,  subject to the  limitation  contained in  subsection
2(i)(c).

                   (c) In no event may this Option be  exercised  after the date
of  expiration  of the term of this  Option as set forth in the  Notice of Stock
Option Grant.

              (ii) Method of  Exercise.  This  Option  shall be  exercisable  by
written  notice  (in the form  attached  as  Exhibit  A) which  shall  state the
election  to exercise  the Option,  the number of Shares in respect of which the
Option is being exercised,  and such other representations and agreements as may
be required by the Company  pursuant to the provisions of the Plan. Such written
notice  shall be signed by the  Optionee  and shall be delivered in person or by
certified  mail to the Assistant  Secretary of the Company.  The written  notice
shall be accompanied  by payment of the aggregate  exercise  price.  This Option
shall be deemed to be  exercised  upon  receipt by the  Company of such  written
notice accompanied by the aggregate exercise price.

                                      -1-

<PAGE>


         No Shares will be issued  pursuant to the exercise of an Option  unless
such issuance and such exercise shall comply with all relevant provisions of law
and the  requirements  of any stock  exchange  upon which the Shares may then be
listed.  Assuming such  compliance,  for income tax purposes the Shares shall be
considered  transferred  to the  Optionee  on the date on which  the  Option  is
exercised with respect to such Shares.

              3. Method of Payment.  Payment of the  exercise  price shall be by
any of the following, or a combination thereof, at the election of the Optionee:

                   i.   cash; or

                   ii.  check;

                   iii. delivery of a properly executed exercise notice together
with such other documentation as the Board and the broker, if applicable,  shall
require to effect an exercise  of the Option and  delivery to the Company of the
sale or loan proceeds required to pay the exercise price; or

                   iv.  surrender of other shares of Common Stock of the Company
which (A) either have been owned by the Optionee for more than six (6) months on
the date of surrender or were not  acquired,  directly or  indirectly,  from the
Company and (B) have a fair market value on the date of  surrender  equal to the
exercise price of the Shares as to which the Option is being exercised.

         4.  Termination  of  Relationship.  In  the  event  of  termination  of
Optionee's consulting relationship or Continuous Status as an Employee, Optionee
may, to the extent  otherwise so entitled at the date of such  termination  (the
"Termination Date"),  exercise this Option during the Termination Period set out
in the  Notice of Stock  Option  Grant.  To the  extent  that  Optionee  was not
entitled to exercise this Option at the date of such termination, or if Optionee
does not exercise this Option within the time specified herein, the Option shall
terminate.

         5. Disability of Optionee.  Notwithstanding the provisions of Section 4
above,  in the  event of  termination  of  Optionee's  Continuous  Status  as an
Employee as a result of total and  permanent  disability  (as defined in Section
22(e)(3) of the Code), Optionee may, but only within twelve (12) months from the
date of  termination  of  employment  (but in no  event  later  than the date of
expiration of the term of this Option as set forth in Section 8 below), exercise
the Option to the extent otherwise so entitled at the date of such  termination.
To the extent that  Optionee was not entitled to exercise the Option at the date
of  termination,  or if Optionee  does not  exercise  such Option (to the extent
otherwise  so  entitled)  within the time  specified  herein,  the Option  shall
terminate.
                                      -2-


<PAGE>

         6. Death of Optionee. In the event of the death of Optionee, the Option
may be exercised  at any time within  twelve (12) months  following  the date of
death  (but in no event  later than the date of  expiration  of the term of this
Option as set forth in Section 8 below), by Optionee's estate or by a person who
acquired the right to exercise the Option by bequest or inheritance, but only to
the extent the Optionee could exercise the Option at the date of death.

         7. Non-Transferability of Option. This Option may not be transferred in
any manner  otherwise than by will or by the laws of descent or distribution and
may be exercised  during the lifetime of Optionee only by him. The terms of this
Option shall be binding upon the executors,  administrators,  heirs,  successors
and assigns of the Optionee.

         8. Term of Option.  This Option may be  exercised  only within the term
set out in the Notice of Stock Option  Grant,  and may be exercised  during such
term  only in  accordance  with  the  Plan and the  terms  of this  Option.  The
limitations set out in Sections 5 and 7 of the Plan regarding Options designated
as Incentive  Stock  Options and Options  granted to more than ten percent (10%)
stockholders shall apply to this Option.

         9. Tax Consequences.  Set forth below is a brief summary as of the date
of this  Option  of some of the  federal  and  California  tax  consequences  of
exercise  of  this  Option  and  disposition  of the  Shares.  THIS  SUMMARY  IS
NECESSARILY INCOMPLETE,  AND THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE.
OPTIONEE SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING THIS OPTION OR DISPOSING
OF THE SHARES.

              (a) Exercising the Option.

                      (i) Nonqualified Stock Option ("NSO"). If this Option does
not qualify as an ISO,  the Optionee may incur  regular  federal  income tax and
California  income tax liability upon exercise.  The Optionee will be treated as
having received compensation income (taxable at ordinary income tax rates) equal
to the excess,  if any,  of the fair  market  value of the Shares on the date of
exercise over their  aggregate  exercise  price. If the Optionee is an employee,
the Company will be required to withhold from his or her compensation or collect
from Optionee and pay to the applicable taxing  authorities an amount equal to a
percentage of this compensation income at the time of exercise.

                      (ii)  Incentive  Stock  Option  ("ISO").  If  this  Option
qualifies  as an ISO, the Optionee  will have no regular  federal  income tax or
California income tax liability upon its exercise,  although the excess, if any,
of the fair  market  value of the  Shares  on the date of  exercise  over  their
aggregate  exercise  price will be treated as an adjustment  to the  alternative
minimum tax for federal tax purposes and may subject the Optionee to alternative
minimum tax in the year of exercise.

                                       -3-


<PAGE>

              (b) Disposition of Shares.

                      (i) NSO. If the Optionee holds NSO Shares for at least one
year,  any gain  realized  on  disposition  of the  Shares  will be  treated  as
long-term capital gain for federal income tax purposes.

                      (ii) ISO.  If the  Optionee  holds ISO Shares for at least
one year after exercise and two years after the grant date, any gain realized on
disposition of the Shares will be treated as long-term  capital gain for federal
income tax  purposes.  If the  Optionee  disposes of ISO Shares  within one year
after  exercise  or two  years  after  grant  date,  any gain  realized  on such
disposition  will be treated as compensation  income (taxable at ordinary income
rates) to the extent of the excess,  if any, of the lesser of (A) the difference
between fair market value of the Shares acquired on the date of exercise and the
aggregate  exercise price, or (B) the difference  between the sale price of such
Shares and the aggregate exercise price.

         (c) Notice of Disqualifying  Disposition of ISO Shares. If the Optionee
sells or otherwise  disposes of any of the Shares acquired pursuant to an ISO on
or  before  the later of (i) two years  after the grant  date,  or (ii) one year
after the exercise date, the Optionee  shall  immediately  notify the Company in
writing of such  disposition.  The Optionee agrees that he or she may be subject
to income tax withholding by the Company on the compensation  income  recognized
from such  early  disposition  of ISO  Shares by  payment  in cash or out of the
current earnings paid to the Optionee.

         By the  signature of the Optionee  and the  signature of the  Company's
representative on the Notice of Stock Option Grant, the Optionee and the Company
have  agreed  that this  Option is granted  under and  governed by the terms and
conditions  of the Plan,  this Option  Agreement  and the Notice of Stock Option
Grant. The Optionee has  acknowledged  receipt of a copy of the Plan and certain
information  related  thereto.  The Optionee has represented  that he or she has
reviewed the Plan, this Option Agreement and the Notice of Stock Option Grant in
their entirety,  has had an opportunity to obtain the advice of counsel prior to
executing  this Option  Agreement and fully  understands  all  provisions of the
Plan, this Option  Agreement and the Notice of Stock Option Grant.  The Optionee
has  agreed  to accept  as  binding,  conclusive  and  final  all  decisions  or
interpretations  of the Administrator  upon any questions  relating to the Plan,
this Option Agreement and the Notice of Stock Option Grant.

                                      -4-


<PAGE>


         OPTIONEE ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES PURSUANT TO
THE OPTION HEREOF IS EARNED ONLY BY CONTINUING  CONSULTANCY OR EMPLOYMENT AT THE
WILL OF THE COMPANY  (NOT  THROUGH THE ACT OF BEING  HIRED,  BEING  GRANTED THIS
OPTION OR ACQUIRING SHARES HEREUNDER).  OPTIONEE FURTHER ACKNOWLEDGES AND AGREES
THAT  NOTHING  IN THIS  AGREEMENT,  NOR IN THE  COMPANY'S  STOCK  PLAN  WHICH IS
INCORPORATED  HEREIN BY  REFERENCE,  SHALL  CONFER UPON  OPTIONEE ANY RIGHT WITH
RESPECT TO CONTINUATION  OF EMPLOYMENT OR CONSULTANCY BY THE COMPANY,  NOR SHALL
IT INTERFERE IN ANY WAY WITH HIS RIGHT OR THE  COMPANY'S  RIGHT TO TERMINATE HIS
EMPLOYMENT OR CONSULTANCY AT ANY TIME, WITH OR WITHOUT CAUSE.



                                      -5-





EXHIBIT 5.1

GOOLEY GODWARD
COOLEY GODWARD CASTRO HUDDLESON & TATUM

                            ATTORNEYS AT LAW                   San Francisco, CA
                                                               415 693-2000

                                                               Menlo Park, CA
                            Five Palo Alto Square              415 843-5000
                            3000 El Camino Real
                            Palo Alto, CA 94306-2155           San Diego, CA
                            MAIN 415 843-5000                  619 550-6000
                            FAX 415 857-0663
                                                               Boulder, CO
                            WEB http://www.cooley.com          303 546-4000

                            ANDREI M. MANOLIU                  Denver, CO
                            Direct: (415) 843-5048             303 606-4800
                            Internet: manoliuam@cooley.com



September 5, 1996

Electronics for Imaging, Inc.
2855 Campus Drive
San Mateo, CA 94403

Ladies and Gentlemen:

You have  requested  our opinion with respect to certain  matters in  connection
with  the  filing  by  Electronics  for  Imaging,  Inc.  (the  "Company")  of  a
Registration  Statement  on Form S-8  (the  "Registration  Statement")  with the
Securities  and Exchange  Commission  covering the offering of 950,000 shares of
the Company's Common Stock, $0.01 par value, (the "Shares") pursuant to the 1990
Stock Plan.

In connection with this opinion, we have examined the Registration Statement and
related Prospectuses, your Certificate of Incorporation and By-laws, as amended,
and such other documents, records, certificates, memoranda and other instruments
as we  deem  necessary  as a  basis  for  this  opinion.  We  have  assumed  the
genuineness and authenticity
 of all documents submitted to us as originals,  the
conformity to originals of all documents submitted to us as copies thereof,  and
the due execution and delivery of all documents where due execution and delivery
are a prerequisite to the effectiveness thereof.

On the basis of the foregoing,  and in reliance  thereon,  we are of the opinion
that the  Shares,  when sold and issued in  accordance  with the 1990 Stock Plan
will be validly issued, fully-paid and nonassessable (except as to shares issued
pursuant to certain deferred payment arrangements,  which will be fully paid and
nonassessable when such deferred payments are made in full).

We  consent to the  filing of this  opinion  as an  exhibit to the  Registration
Statement.

Very truly yours,

COOLEY GODWARD CASTRO
HUDDLESON & TATUM

/s/ Andrei M. Manoliu
Andrei M. Manoliu

VDJ:sckz




                                                                    EXHIBIT 23.1

                       CONSENT OF INDEPENDENT ACCOUNTANTS

     We hereby  consent to the  incorporation  by reference in the  Registration
Statement on Form S-8 of our report dated January 16, 1996  appearing on page 31
of Electronics for Imaging Annual Report to  Stockholders  which is incorporated
by  reference  in the  Annual  Report  on  Form  10-K.  We also  consent  to the
incorporation  by reference of our report on the Financial  Statement  Schedule,
which appears on page 25 of this Annual Report on Form 10-K.



/s/ Price Waterhouse LLP

PRICE WATERHOUSE LLP
San Jose, California
September 3, 1996