NOTE No. N-1 Palo Alto, California February 1, 1998 FOR VALUE RECEIVED, W. Virginia Walker promises to pay to Sagent Technology, Inc., a California corporation (the 'Company'), the principal sum of Ninety-Nine Thousand Nine Hundred Ninety-Seven Dollars and Eighty Cents ($99,997.80), together with interest on the unpaid principal hereof from the date hereof at the rate of five and forty-seven hundredths percent (5.47%) per annum, compounded semiannually. Principal and interest shall be due and payable on February 1, 2001. 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 Agreement, dated as of September 29, 1997. 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. W. Virginia Walker /s/ W. Virginia Walker Signature
Note - Sagent Technology Inc. and W. Virginia Walker
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