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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001144204-07-037586.txt : 20070720
<SEC-HEADER>0001144204-07-037586.hdr.sgml : 20070720
<ACCEPTANCE-DATETIME>20070720162949
ACCESSION NUMBER:		0001144204-07-037586
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20070719
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20070720
DATE AS OF CHANGE:		20070720

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SBE INC
		CENTRAL INDEX KEY:			0000087050
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER COMMUNICATIONS EQUIPMENT [3576]
		IRS NUMBER:				941517641
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08419
		FILM NUMBER:		07991791

	BUSINESS ADDRESS:	
		STREET 1:		4550 NORRIS CANYON ROAD
		CITY:			SAN RAMON
		STATE:			CA
		ZIP:			94583
		BUSINESS PHONE:		5103552000

	MAIL ADDRESS:	
		STREET 1:		4550 NORRIS CANYON RD
		CITY:			SAN RAMON
		STATE:			CA
		ZIP:			94583
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
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      the
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      satisfy the filing obligation of the registrant under any of the following
      provisions (</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>see</em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
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      ]&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Written
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      ]&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Soliciting material
      pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">[
      ]&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">[
      ]&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
      1.01. Entry into a Material Definitive Agreement.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      July
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      Release, referred to in this report as the release, with Andre Hedrick, SBE&#8217;s
      former Chief Technical Officer.&#160; Prior to joining SBE, Mr. Hedrick was the
      Chief Technical Officer of PyX Technologies, Inc., which was acquired by SBE
      in
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      report as the merger agreement, dated March 28, 2005, among SBE, PyX Acquisition
      Sub, LLC, PyX and certain shareholders of PyX, including Mr.
      Hedrick.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      merger agreement provided for the placement of 92,000 shares of SBE&#8217;s common
      stock into an escrow account upon consummation of the merger in order to satisfy
      the signing shareholders&#8217; indemnification obligations relating to
      representations and warranties made in the merger agreement. In July 2006,
      in
      connection with a dispute between SBE and Mr. Hedrick, SBE made a claim against
      the shares of common stock that had been placed in escrow. The release provides
      for, among other things, SBE&#8217;s release of the shares of common stock against
      which it had made a claim. In connection with the execution of the release,
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      shareholders.</font></div>
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      description of the release is qualified in its entirety by the terms and
      conditions of the release, which is filed as Exhibit 1.1 hereto, and is
      incorporated herein by reference.</font></div>
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                David Brunton</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 210.6pt">&#160;</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br>&#160;</div>
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      TO EXHIBITS</strong></font></div>
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                Number</u></strong></font></div>
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            </td>
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                General Release, dated July 19, 2007, between SBE, Inc. and Andre
                Hedrick..</font></div>
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<DOCUMENT>
<TYPE>EX-1.1
<SEQUENCE>2
<FILENAME>v081565_ex1-1.htm
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>EXHIBIT
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      GENERAL RELEASE</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>This
      Mutual General Release</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      (this
&#8220;Release&#8221;) is made and entered into on July 19, 2007, between </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SBE,
      Inc. </strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(&#8220;SBE&#8221;),
      on the one hand, and </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Andre
      Hedrick </strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(&#8220;Hedrick&#8221;),
      on the other hand.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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      dispute
      has arisen between SBE, on the one hand, and Hedrick, on the other hand,
      pertaining to their respective rights and obligations arising out of or related
      to SBE&#8217;s acquisition of PyX Technologies, Inc. and SBE&#8217;s employment of
      Hedrick.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>B.<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Without
      admitting the merits of either party&#8217;s assertions, SBE desires to finally
      compromise, settle and discharge all claims, controversies, demands, actions
      or
      causes of action that SBE may have or claim to have against Hedrick, and Hedrick
      desires to compromise, settle and discharge all claims, controversies, demands,
      actions or causes of action that either of them may have or claim to have
      against SBE.</font></div>
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      connection with this Release, SBE has agreed to release all of Hedrick&#8217;s shares
      of SBE stock from the escrow entered into by SBE and Hedrick in connection
      with
      the acquisition of PyX Technologies, Inc. (the &#8220;Escrow&#8221;) promptly upon execution
      of this Release.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
      consideration of the promises and mutual covenants and agreements contained
      in
      this Release, the parties hereto covenant and agree as follows:</font></div>
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    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>1.<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Hedrick
      hereby forever generally and completely releases and discharges SBE and its
      agents, directors, officers and employees, and all others, of and from any
      and
      all claims and demands of every kind and nature, in law, equity or otherwise,
      known and unknown, suspected and unsuspected, disclosed and undisclosed, and
      in
      particular of and from all claims and demands of every kind and nature, known
      and unknown, suspected and unsuspected, disclosed and undisclosed, for damages
      actual and consequential, past, present and future, arising out of or in any
      way
      related to SBE&#8217;s obligations, activities and/or dealings with Hedrick or any
      third party at any time prior to the date hereof, including (without limitation)
      all such claims and demands arising out or in any way related to the aforesaid
      circumstances and dispute.</font></div>
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      hereby forever generally and completely releases and discharges Hedrick of
      and
      from any and all claims and demands of every kind and nature, in law, equity
      or
      otherwise, known and unknown, suspected and unsuspected, disclosed and
      undisclosed, and in particular of and from all claims and demands of every
      kind
      and nature, known and unknown, suspected and unsuspected, disclosed and
      undisclosed, for damages actual and consequential, past, present and future,
      arising out of or in any way related to Hedrick&#8217;s obligations, activities and/or
      dealings with SBE or any third party at any time prior to the date hereof,
      including (without limitation) all such claims and demands arising out or in
      any
      way related to the aforesaid circumstances and dispute.</font></div>
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      is
      understood and agreed that this is a full, complete and final general release
      of
      any and all claims described as aforesaid, and each party agrees that it shall
      apply to all unknown, unanticipated, unsuspected and undisclosed claims,
      demands, liabilities, actions or causes of action, in law, equity or otherwise,
      as well as those that are now known, anticipated, suspected or
      disclosed.</font></div>
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      is
      understood and agreed that this is a compromise settlement of disputed claims
      and that the promises in consideration of this Release shall not be construed
      to
      be an admission of any liability or obligation whatsoever by either party to
      the
      other party or to any other person whomsoever.</font></div>
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      party has been fully advised by his or its respective attorney of the contents
      of Section 1542 of the Civil Code of the State of California, and that section
      and the benefits thereof are hereby expressly waived. Section 1542 reads as
      follows:</font></div>
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      Release - Claims Extinguished</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.)
      A
      general release does not extend to claims which the creditor does not know
      or
      suspect to exist in his favor at the time of executing the release, which if
      known by him must have materially affected his settlement with the
      debtor.&#8221;</font></div>
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      party warrants and represents that there are no liens or claims of lien or
      assignments in law or equity or otherwise of or against any of the claims or
      causes of action released herein and, further, that each party is fully entitled
      and duly authorized to give this complete and final general release and
      discharge.</font></div>
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      party will indemnify and save harmless each other party hereto from any loss
      incurred directly or indirectly by reason of the falsity or inaccuracy of any
      representation made herein by it.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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      agrees to release from the Escrow and deliver to Hedrick in accordance with
      Section 15 of this Release, within five business days after each party&#8217;s
      execution and delivery of this Release to the other party, all of Hedrick&#8217;s
      shares of SBE stock held in the Escrow. Until such time as Hedrick ceases to
      own
      10% of the outstanding shares of Common Stock of SBE, Hedrick shall provide
      written notice to SBE of each purchase, sale or other transaction involving
      SBE
      shares held by Hedrick, including all information necessary for SBE to complete
      and file with the Securities and Exchange Commission on Hedrick&#8217;s behalf any
      report or schedule required under Section 13 or Section 16 of the Securities
      Exchange Act of 1934 as a result of such transaction, and SBE shall file such
      schedules and reports on Hedrick&#8217;s behalf within two business days after receipt
      of all such information.</font></div>
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      Release contains the entire agreement between the parties hereto and constitutes
      the complete, final and exclusive embodiment of their agreement with respect
      to
      the subject matter hereof. The terms of this Release are contractual and not
      a
      mere recital. This Release is executed without reliance upon any promise,
      warranty or representation by any party or any representative of any party
      other
      than those expressly contained herein, and each party has carefully read this
      Release, has been advised of its meaning and consequences by his or its
      respective attorney, and signs the same of his or its own free
      will.</font></div>
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      of each party, and inure to the benefit of each party, its agents, directors,
      officers, employees, servants, successors and assigns.</font></div>
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      party to this Release will bear its own costs, expenses and attorney&#8217;s fees,
      whether taxable or otherwise, incurred in or arising out of or in any way
      related to the matters released herein, except as is otherwise specifically
      provided herein.</font></div>
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      Release and the terms hereof shall be held in strictest confidence by the
      parties hereto and shall not be publicized or disclosed in any manner whatsoever
      other than as necessary to carry out its provisions. If pursuant to subpoena
      or
      otherwise, disclosure of this Release or its terms is sought by compulsion
      of
      law, the party seeking disclosure or against whom such compelled disclosure
      is
      directed shall promptly provide all parties hereto and their counsel sufficient
      notice in advance of such proposed disclosure to enable them to be heard with
      respect to any such proposed disclosure or to otherwise respond to any such
      compulsion.</font></div>
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      Release shall be deemed to have been entered into and shall be construed and
      enforced in accordance with the laws of the State of California as applied
      to
      contracts made and to be performed entirely within California.</font></div>
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    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>14.<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
      Release may be executed in two or more counterparts, each of which shall be
      deemed an original, but all of which together shall constitute one and the
      same
      instrument.</font></div>
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      Release shall not become effective until SBE has released and delivered to
      Hedrick all of his shares of SBE stock held in Escrow, and this Release shall
      be
      null and void if such shares are not delivered to Hedrick within five business
      days after the parties&#8217; execution and delivery of this Release to each other.
      For the purposes of this paragraph, the shares of SBE stock held in Escrow
      shall
      be deemed released and delivered to Hedrick (a) upon delivery by messenger,
      with
      written confirmation of receipt, or (b) one day after deposit with Federal
      Express, specifying next day delivery, in either case to the following
      address:</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
      Fenwick &amp; West LLP</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
      801 California Street</font></div>
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      Mountain View, California 94041</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
      Attention: Gordon Davidson</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>16.<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Hedrick
      represents and warrants to SBE that he has executed and delivered to SBE the
      proxy card pertaining to the Special Meeting of Stockholders currently scheduled
      to be held on August 10, 2007, indicating his affirmative vote as to all matters
      set forth thereon (the &#8220;Proxy&#8221;). Hedrick agrees that the Proxy is coupled with
      an interest and shall be irrevocable to the fullest extent permitted by law
      at
      all times prior to the Proxy Expiration Date (as defined below) with respect
      to
      the shares referred to therein. For the purposes of this paragraph, the &#8220;Proxy
      Expiration Date&#8221; shall be earliest of (i) the date upon which the Agreement and
      Plan of Merger and Reorganization, dated January 19, 2007 and amended as of
      May
      18, 2007, among SBE, Cold Winter Acquisition Corporation and Neonode Inc. is
      validly terminated, (ii) the date upon which the merger contemplated by such
      agreement becomes effective and (iii) 5:00 p.m. California time on the date
      that
      is five business days after the date that this Release is executed and delivered
      by the parties to this Release.</font></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25">&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      parties have duly authorized and caused this Release to be executed at San
      Ramon, California, on the date first above written.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SBE,
      Inc.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">By:
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>/s/
      David
      Brunton&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</u></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">David
      Brunton</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chief
      Financial Officer</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>/s/
      Andre
      Hedrick&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</u></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 216pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Andre
      Hedrick</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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