Note - Sagent Technology Inc. and Malcolm Hobbs


                                      NOTE


                                                               Mountain View, CA
                                                               June 28, 1999

     FOR VALUE RECEIVED, Malcolm Hobbs, promises to pay to Sagent Technology,
Inc., a California corporation (the 'Company'), the principal sum of Five
Hundred and Eighty Thousand Dollars ($580,000), together with interest on the
unpaid principal hereof from the date hereof at the rate of percent (5.47%) per
annum, compounded semiannually.

     Principal and interest shall be due and payable on June 20, 2004. Payment
of principal and interest shall be made in lawful money of the United States of
America.

     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 Option, dated as of April 12,
1999. This Note is secured in part 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,
and shall not be required to proceed against the collateral securing this Note
in the event of default.

     In the event the 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.

     Should any action be instituted for the collection of this Note, the
reasonable costs and attorneys' fees therein of the holder shall be paid by the
undersigned.


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                                            Signature

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                                            Malcolm Hobbs