ASPEON INC
EXHIBIT 10.1
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<TYPE>EX-10.1
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<DESCRIPTION>EXHIBIT 10.1
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<P ALIGN="RIGHT"><FONT SIZE=2><A
NAME="kg1320_exhibit_10.1"> </A>
<A NAME="toc_kg1320_1"> </A>
<BR></FONT><FONT SIZE=2><B>Exhibit 10.1    <BR>  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="kg1320_mutual_release_and_settlement_agreement"> </A>
<A NAME="toc_kg1320_2"> </A>
<BR></FONT><FONT SIZE=2><B>MUTUAL RELEASE AND SETTLEMENT AGREEMENT    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Mutual Release and Settlement Agreement (this "Agreement") is entered into as of March&nbsp;22, 2002 (the "Effective Date"), by and between
ASPEON,&nbsp;INC., a Delaware corporation (the "Company"), ASPEON SOLUTIONS,&nbsp;INC., a Delaware corporation and a wholly-owned subsidiary of the Company ("Aspeon Solutions"), and CASTLE CREEK
TECHNOLOGY PARTNERS LLC, a Delaware limited liability company ("Castle"). </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="kg1320_recitals"> </A>
<A NAME="toc_kg1320_3"> </A>
<BR></FONT><FONT SIZE=2><B>RECITALS    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A.&nbsp;&nbsp;&nbsp;&nbsp;Castle
purchased from Marshall Capital Management,&nbsp;Inc. ("Marshall"), and now is the record holder of, (i)&nbsp;9,850 shares (the "Shares") of the Company's
Series&nbsp;A Convertible Exchangeable Preferred Stock (the "Series&nbsp;A Preferred Stock"), which Series&nbsp;A Preferred Stock is subject to the rights, preferences and privileges contained
in the Company's Certificate of Designations, Preferences and Rights relating to the Series&nbsp;A Convertible Exchangeable Preferred Stock (the "Certificate of Designation"), (ii)&nbsp;a warrant
to purchase 583,334 shares of common stock of the Company (the "Company Warrant") and (iii)&nbsp;a warrant to purchase 1,250,000 shares of common stock of Aspeon Solutions (the "Aspeon Solutions
Warrant"). In connection with such purchase, Marshall claims that it assigned to Castle its rights under (a)&nbsp;the Securities Purchase Agreement dated as of March&nbsp;7, 2000 (the "Securities
Purchase Agreement") pursuant to which the Company sold to Marshall, and Marshall purchased from the Company, shares of Series&nbsp;A Preferred Stock and (b)&nbsp;the Registration Rights Agreement
dated as of March&nbsp;7, 2000 (the "Registration Rights Agreement") pursuant to which Marshall was granted certain registration rights under the Securities Act of 1933, as amended, and under
applicable state securities laws. The Securities Purchase Agreement, the Company Warrant, Aspeon Solutions Warrant and Registration Rights Agreement are collectively referred to as the "Transaction
Documents." </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B.&nbsp;&nbsp;&nbsp;&nbsp;Castle
has alleged that the Company is in default under certain provisions of the Transaction Documents (the "Defaults"). Castle has agreed to waive any such Defaults, on
the terms and subject to the conditions hereof. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW,
THEREFORE, in consideration of the foregoing and the mutual agreements contained herein, the receipt and adequacy of which are hereby acknowledged, the parties agree as follows: </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><A
NAME="kg1320_agreement"> </A>
<A NAME="toc_kg1320_4"> </A>
<BR></FONT><FONT SIZE=2><B>AGREEMENT    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Cancellation of Stock and Transaction Documents; Closing.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Effective upon the delivery of the Consideration
(as defined below) by the Company and Aspeon Solutions to Castle (the "Closing"), the Shares and the Transaction Documents shall be cancelled and of no further force or effect and Castle hereby waives
any and all rights it has under the Transaction Document and the Shares. At the Closing, Castle agrees to deliver to the Company and Aspeon Solutions an executed copy of the Stock Assignment Separate
From Certificate in the form attached hereto as </FONT><FONT SIZE=2><I>Exhibit&nbsp;A</I></FONT><FONT SIZE=2>. The Closing is contemplated to take place on March&nbsp;25, 2002, or as soon
thereafter as agreed to by the Company, Aspeon Solutions and Castle. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Consideration.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;In consideration of the cancellation of the Shares and the Transaction Documents, Castle's
waiver of any and all rights it has under the Transaction Documents and the Shares and the general release of Castle provided herein, the Company and Aspeon Solutions shall pay or cause to be paid to,
or deliver to, Castle at the Closing $447,500 by a wire transfer of immediately available funds. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;General Release by the Company and Aspeon Solutions.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Effective at the time of the Closing, other than the
express duties and obligations created by this Agreement, the Company and Aspeon Solutions, on behalf of themselves, their agents, legal representatives, affiliates, successors, predecessors </FONT></P>

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and assigns, fully and completely release and discharge Castle, and its corporations, trusts, officers, directors, employees, agents, attorneys, representatives, shareholders, successors,
predecessors and assigns, and any of their respective past, present, successor and future corporations, officers, directors, employees, agents, representatives, attorneys, successors, predecessors,
assigns and affiliates (collectively, the "Castle Released Parties"), from any and all claims, causes of action, demands or liability of any and every character, known or unknown, contingent or
matured, that they may have had to the Castle Released Parties that have occurred on or before the date of the Closing, including without limitation, any claims directly or indirectly related to the
Transaction Documents, the Shares or the Defaults. Effective at the time of the Closing, the Company and Aspeon Solutions agree not to initiate a lawsuit or bring a claim against any of the Castle
Released Parties, in any court, or otherwise, relating to the Transaction Documents, the Shares or the Defaults or relating to any other relationship between them (other than this Agreement),
including, but not limited to, any claim under any common law, whether in law or equity, or federal, state or local statute, ordinance or rule of law. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;General Release by Castle.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Effective at the time of the Closing, other than the express duties and
obligations created by this Agreement, Castle, on behalf of itself, its agents, legal representatives, affiliates (including, without limitation, Castle Creek Partners, LLC), successors, predecessors
and assigns, fully and completely releases and discharges the Company and Aspeon Solutions, and their corporations, trusts, officers, directors, employees, agents, attorneys, representatives,
shareholders, successors, predecessors and assigns, and any of their respective past, present, successor and future corporations, officers, directors, employees, agents, representatives, attorneys,
successors, predecessors, assigns and affiliates (collectively, the "Aspeon Released Parties"), from any and all claims, causes of action, demands or liability of any and every character, known or
unknown, contingent or matured, that they may have had to the Aspeon Released Parties that have occurred on or before the date of the Closing, including without limitation, any claims directly or
indirectly related to the Transaction Documents, the Shares or the Defaults. Effective at the time of the Closing, Castle agrees, on behalf of itself and its affiliates (including, without limitation,
Castle Creek Partners, LLC) not to initiate a lawsuit or bring a claim against any of the Aspeon Released Parties, in any court, or otherwise, relating to the Transaction Documents, the Shares or the
Defaults or relating to any other relationship between them (other than this Agreement), including, but not limited to, any claim under any common law, whether in law or equity, or federal, state or
local statute, ordinance or rule of law. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Waiver of California Civil Code Section&nbsp;1542.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;1542 of the California Civil Code
provides as follows: </FONT></P>

<UL>

<P><FONT SIZE=2>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. </FONT></P>

</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Effective
at the time of the Closing, Castle, on the one hand, and the Company and Aspeon Solutions, on the other hand, on behalf of themselves and their agents, legal representatives,
affiliates (including, without limitation, Castle Creek Partners, LLC), successors, predecessors and assigns, acknowledge that any claims they may have against the other are fully settled and
compromised by this Agreement, and they expressly waive all rights under Section&nbsp;1542 of the California Civil Code insofar as it would otherwise apply to the general releases given in
paragraphs 3 and 4 above. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Covenant Regarding Assignment.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The parties hereto, and each of them, represent and warrant to each other that
each is the sole and lawful owner of all right, title and interest in and to every claim and other matter which each purports to release herein, and that they have not heretofore assigned or
transferred, or purported to assign or transfer, to any person, firm, association, corporation or other entity, any right, title or interest in any such claim or other matter. In the event that such
representation is false, and any such claim or matter is asserted against any party released hereunder (and/or the successor of such party) by any party or entity who is the assignee or transferee of
such claim or matter, then the party hereto who assigned or transferred such claim or matter shall fully indemnify, defend and hold harmless the party against whom such claim or matter is asserted
(and its successors) from and against such claim or matter and from all actual costs, fees, expenses, liabilities </FONT></P>

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and damages which that party (and/or its successors) incurs as a result of the assertion of such claim or matter. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Attorneys' Fees and Costs.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The parties hereto each agree to bear their own costs and attorneys' fees in
connection with this Agreement. Notwithstanding this provision, however, if any action or arbitration is brought for the enforcement or interpretation of this Agreement, or in connection with any
dispute arising out of it or the claims that are the subject of this Agreement, the prevailing party or parties shall be entitled to recover reasonable attorneys' fees and other costs in that action
in addition to any other relief to which the prevailing party or parties may be entitled, whether or not such action proceeds to final judgment. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Governing Law.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The validity, construction, interpretation, performance and enforcement of this Agreement, and
all disputes arising out of this Agreement, shall be governed by Delaware law, without giving effect to the conflict of laws principles thereof. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Integration Clause.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;This Agreement constitutes and embodies the full and final agreement and understanding
between the parties hereto, and supersede all prior agreements, understandings, negotiations, representations and discussions. The parties hereto acknowledge that there are no representations,
promises, warranties, conditions or obligations of the parties hereto concerning the Defaults or Transaction Documents not contained herein, and that they have not executed this Agreement in reliance
on any representation, promise, warranty, condition, or obligation not contained herein. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Construction.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Each party to this Agreement and their respective counsel have taken part in the drafting and
preparation of this Agreement, and therefore any ambiguity or uncertainty in this Agreement shall not be construed against any party to it. To ensure this Agreement is not construed against any party,
Castle, the Company and Aspeon Solutions expressly agree that any common law or statutory provision providing that an ambiguous or uncertain term will be construed against the drafting party is waived
and shall not apply to the construction of this Agreement. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;No Oral Modifications.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;This Agreement may only be further modified, amended or supplemented by a subsequent
writing executed by each of the parties hereto. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Authority to Execute.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Each person whose signature appears on this Agreement warrants and guarantees that he
or she has been duly authorized and has full authority to execute this Agreement on behalf of the entity for which his or her signature appears. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Voluntary Execution.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Each of Castle, the Company and Aspeon Solutions acknowledges that it has executed this
Agreement voluntarily and without any duress or undue influence. Each of Castle, the Company and Aspeon Solutions further acknowledges that it has: (1)&nbsp;had the opportunity to be
represented and advised by counsel of its own choice in connection with the negotiation and execution of this Agreement; (2)&nbsp;read this entire Agreement; (3)&nbsp;had the opportunity to have
this Agreement explained to it by counsel of its choice; and (4)&nbsp;executed this Agreement solely on the basis of advice of its own counsel of choice and on the basis of its own independent
investigation of the facts, laws and circumstances material to this Agreement. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Arbitration.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;With the exception of any matter involving a request for injunctive relief, the parties agree
that any and all disputes, claims or controversies arising out of or relating to this Agreement that are not resolved by their mutual agreement shall be submitted to final and binding arbitration
before J.A.M.S./Endispute in Orange County, California or Chicago, Illinois before an arbitrator to be agreed to by the parties or appointed by J.A.M.S./Endispute in the event of
non-agreement. Provisional remedies may be ordered by the arbitrator or an appropriate court in Orange County, California, or Chicago, Illinois (and the parties each hereby irrevocably
submits to the non-exclusive jurisdiction thereof, and waives any claim of venue or inconvenient forum with respect thereto). The arbitration shall be conducted pursuant to the arbitration
rules of J.A.M.S./Endispute then in effect. Following the time period for any notice that may be required to be given under paragraph&nbsp;16 of this Agreement, either party may commence the
arbitration process called for in this Agreement by filing a written demand for arbitration with J.A.M.S./Endispute or such other arbitrator, </FONT></P>

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with a copy to the other party. The parties covenant that they shall participate in the arbitration in good faith, and that they shall share equally in advancing its fees and costs. The provisions of
this Section&nbsp;14 may be enforced by any court of competent jurisdiction, and the prevailing party(s) shall be entitled to an award of all costs, fees and expenses, including the arbitrator's
fees and costs and attorneys' fees and costs, to be paid by the non-prevailing party. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;No Admission of Liability.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Each of the parties understands and agrees that this Agreement is a compromise
and settlement of disputed claims and that this Agreement shall not be construed as an admission of liability by any party. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Notices.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;All notices or other communications which are required or permitted hereunder shall be in writing
and shall be deemed to have been duly given (a)&nbsp;on the date of receipt, if delivered personally or if sent by registered or certified mail, postage prepaid, return receipt requested or
(b)&nbsp;the first business day following deposit of the notice or communication for delivery by a nationally recognized overnight courier service, or (c)&nbsp;on the date of delivery (or if not a
business day, on the next immediate business day) if sent via verifiable facsimile, as follows: </FONT></P>

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<TD WIDTH="31%"><FONT SIZE=2>If to Castle:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="67%"><FONT SIZE=2>Castle Creek Technology Partners LLC<BR>
111 West Jackson Blvd. Suite 2020<BR>
Chicago, Illinois 60604<BR>
Facsimile: (312) 499-6999<BR>
Attn: Tom Frei</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="31%"><FONT SIZE=2><BR>
With a copy to:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="67%"><FONT SIZE=2><BR>
Duval &amp; Stachenfeld LLP<BR>
300 East 42nd Street<BR>
3rd Floor<BR>
New York, NY 10017<BR>
Attn: Robert L. Mazzeo<BR>
Facsimile: (212) 883-8883</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="31%"><FONT SIZE=2><BR>
If to the Company or Aspeon Solutions:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="67%"><FONT SIZE=2><BR>
Aspeon, Inc. or<BR>
Aspeon Solutions, Inc.<BR>
16832 Red Hill<BR>
Irvine, California 92606<BR>
Attention: President<BR>
Facsimile: (949) 440-8087</FONT></TD>
</TR>
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<TD WIDTH="31%"><FONT SIZE=2><BR>
with a copy to:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="67%"><FONT SIZE=2><BR>
Paul, Hastings, Janofsky &amp; Walker LLP<BR>
695 Town Center Drive, 17th Floor<BR>
Costa Mesa, California 92626<BR>
Attention: Ralph H. Winter<BR>
Facsimile: (714) 979-1921</FONT></TD>
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</TABLE></DIV>
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<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Such
addresses may be changed by either party by notice to the other parties pursuant to the notice methods above. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Further Documents.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The parties agree to execute any and all documents that may be reasonably necessary to
effectuate the terms of this Agreement. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18.</FONT><FONT
SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;Severability and Miscellaneous.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The provisions of this Agreement shall be considered severable, such that if
any provision or part of this Agreement is adjudicated to be invalid, it shall not affect the validity or enforceability of any remaining provisions or parts of this Agreement. This Agreement shall be
binding upon and inure to the benefit of the legal representatives, successors and assigns of the
parties hereto. This Agreement may be executed in counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument. </FONT></P>

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<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN
WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first written above. </FONT></P>

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<TD WIDTH="52%"><FONT SIZE=2>ASPEON,&nbsp;INC.</FONT></TD>
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&nbsp;</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="52%"><FONT SIZE=2><BR>
/s/ Bob Nichols</FONT><HR NOSHADE><FONT SIZE=2> Title: </FONT><FONT SIZE=2><I>President, CFO</I></FONT></TD>
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<TD WIDTH="47%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="52%"><FONT SIZE=2><BR>
ASPEON SOLUTIONS,&nbsp;INC.</FONT></TD>
</TR>
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&nbsp;</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="52%"><FONT SIZE=2><BR>
/s/ Richard Stack</FONT><HR NOSHADE><FONT SIZE=2> Title: </FONT><FONT SIZE=2><I>Director</I></FONT></TD>
</TR>
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<TD WIDTH="47%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="52%"><FONT SIZE=2><BR>
CASTLE CREEK TECHNOLOGY PARTNERS LLC</FONT></TD>
</TR>
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<TD WIDTH="47%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="52%"><FONT SIZE=2><BR>
/s/ Thomas A. Frei</FONT><HR NOSHADE><FONT SIZE=2> Title: </FONT><FONT SIZE=2><I>Managing Director</I></FONT></TD>
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<P><br><A NAME="02MOC1320_2">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<UL>
<FONT SIZE=2><A HREF="#toc_kg1320_1">Exhibit 10.1</A></FONT><BR>
</UL>
<FONT SIZE=2><A HREF="#toc_kg1320_2">MUTUAL RELEASE AND SETTLEMENT AGREEMENT</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_kg1320_3">RECITALS</A></FONT><BR>
<FONT SIZE=2><A HREF="#toc_kg1320_4">AGREEMENT</A></FONT><BR>
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