**EXHIBIT        10.27**

**Settlement        Agreement and Mutual General Release**

**Recitals**

*Merisel,        Inc., et al. v. Jenson, et. al*

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**Terms        and Conditions**

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*,        *

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**IN        WITNESS WHEREOF**

|                                   |                                                     |                                   |
|----------------------------------------|----------------------------------------------------------|----------------------------------------|
|                                   | **MERISEL,                INC.**                         |
|                              |                                                |                              |
| Date:                February 03, 2005 | By:                                            | /s/ Donald                R. Uzzi |
|                                   | Donald R. Uzzi                                           |
|                                   | Title:                President and CEO of Merisel, Inc. |

|                                   |                                                                             |                                   |
|----------------------------------------|----------------------------------------------------------------------------------|----------------------------------------|
|                                   | **MERISEL                AMERICAS, INC.**                                        |
|                              |                                                                        |                              |
| Date:                February 03, 2005 | By:                                                                    | /s/ Donald                R. Uzzi |
|                                   | Donald R. Uzzi                                                                   |
|                                   | Title:                President and CEO of Merisel Americas,                Inc. |

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|                                   |            |                                   |
|----------------------------------------|-----------------|----------------------------------------|
|                                   |            |
|                              |       |                              |
| Date:                February 03, 2005 | By:   | /s/ Timothy                Jenson |
|                                   | Timothy Jenson  |
|                                   |            |

|                                          |            |                                 |
|-----------------------------------------------|-----------------|--------------------------------------|
|                                          |            |
|                                     |       |                            |
| Date: February                  03, 2005 | By:   | /s/ Tina                  Wurtz |
|                                          | Tina Wurtz      |
|                                          |            |

|                                        |            |                                |
|---------------------------------------------|-----------------|-------------------------------------|
|                                        |            |
|                                   |       |                           |
| Date: February                03, 2005 | By:   | /s/ Craig                Wurtz |
|                                        | Craig Wurtz     |
|                                        |            |

|                                        |                                |                             |
|---------------------------------------------|-------------------------------------|----------------------------------|
|                                        |                                |
|                                   |                           |                        |
| Date: February                03, 2005 | By:                       | /s/ John                Low |
|                                        |                                     |
|                                        | Title: John                Low |

|                                          |                                       |                                 |
|-----------------------------------------------|--------------------------------------------|--------------------------------------|
|                                          | **D&H                  Services, LLC** |
|                                     |                                  |                            |
| Date: February                  03, 2005 | By:                              | /s/ Tina                  Wurtz |
|                                          | Tina Wurtz                                 |
|                                          |                                       |

|                                          |                                      |                                     |
|-----------------------------------------------|-------------------------------------------|------------------------------------------|
|                                          | **TDH                  Enterprises, LLC** |
|                                     |                                 |                                |
| Date: February                  03, 2005 | By:                             | /s/ Timothy                  Jenson |
|                                          | Timothy Jenson                            |
|                                          |                                      |

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|                                        |                                                                                 |                                    |
|---------------------------------------------|--------------------------------------------------------------------------------------|-----------------------------------------|
|                                        | **SHEARMAN                & STERLING, LLP**                                      |
|                                   |                                                                            |                               |
| Date: February                03, 2005 | By:                                                                        | /s/ Alan                S. Goudiss |
|                                        | Alan S. Goudiss                                                                      |
|                                        | Attorneys                for Merisel, Inc. and Merisel Americas,                Inc. |

|                                          |                                                                                     |                                   |
|-----------------------------------------------|------------------------------------------------------------------------------------------|----------------------------------------|
|                                          | **SMITH,                  CHAPMAN & CAMPBELL**                                       |
|                                     |                                                                                |                              |
| Date: February                  03, 2005 | By:                                                                            | /s/ Steven                  Smith |
|                                          | Steven Smith                                                                             |
|                                          | Attorneys                  for Timothy Jenson and TDH Enterprises,                  LLC. |

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|                                        |                                                                                                    |                                       |
|---------------------------------------------|---------------------------------------------------------------------------------------------------------|--------------------------------------------|
|                                        | **JULANDER,                BROWN & BOLLARD**                                                        |
|                                   |                                                                                               |                                  |
| Date: February                03, 2005 | By:                                                                                           | /s/ William                C. Bollard |
|                                        | William C. Bollard                                                                                      |
|                                        | Attorneys                for Tina Wurtz, Craig Wurtz, John Low and D&H Services,                LLC |

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**Schedule      A**

| 1.   | The                trademarks and patents that D&H obtained pursuant to the Purchase                Agreement. |
|----------------|--------------------------------------------------------------------------------------------------------------------|

| 2.   | The                tradenames, intellectual property and other intangible rights of                whatever                nature that D&H obtained pursuant to the Purchase                Agreement. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | Any                machinery, equipment, supplies and furniture that D&H obtained                pursuant to the Purchase Agreement of which it still has custody                and                control as of the date of this Agreement, along with any compensation                received by D&H for any machinery, equipment, supplies and furniture                that D&H obtained pursuant to the Purchase Agreement of which it no                longer has custody or control. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.   | All                supplier lists, sales files, business development information, databases,                price lists and pricing records and schedules, accounting records,                rate                records, sales literature, technical literature, information and                know-how,                general intangibles, licenses (to the extent transferred), trade                association or other memberships (to the extent transferred), and                any                other books, documents, instruments and records transferred to D&H                pursuant to the Purchase Agreement. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.   | D&H’s                interest in the customer lists that were purchased pursuant to the                Purchase Agreement; |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------|

| 6.   | All                receivables purchased pursuant to the Purchase Agreement that remain                uncollected as of the date of this Agreement, as well as payment                for any                receivables collected after the date of the Purchase Agreement that                are                not reflected on Schedule B. |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.   | All                goodwill transferred pursuant to the Purchase                Agreement. |
|----------------|--------------------------------------------------------------------------------------------|

| 8.   | All                issued and outstanding capital stock of the subsidiaries transferred                pursuant to the Purchase Agreement; |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------|

| 9.   | All                real property, or interests in real property, in the same condition                as                such property was transferred to D&H. These properties consist of the                following: |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Operating                Agreement between Merisel Properties, Inc. and DCF I, LLC dated as                of                February 2, 2004, as amended; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Purchase                Money Note dated May 20, 2002; |
|--------------------|--------------------------------------------------------|

| ·   | Purchase                Money Deed of Trust between Merisel Properties and DCF I, LLC dated                May                20, 2002; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Construction                Promissory Note dated May 20, 2002; |
|--------------------|-----------------------------------------------------------------|

| ·   | Deed                of Trust and Security Agreement between Merisel Properties and DCF                I, LLC                dated May 20, 2002; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Construction                Loan Agreement between Merisel Properties, Inc. Anthony Dilweg, and                DCF I,                LLC dated May 20, 2002 and related guaranty; and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Agreement                between Merisel Properties, Inc. and Creedmore Partners dated May                12,                2004. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------|

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**Schedule        B**

| ·   | Cash                  payment of $47,623, received from Merisel on or about August 25,                  2004. |
|--------------------|---------------------------------------------------------------------------------------------------------------|

| ·   | Cash                  payment of $1,715,177, received from Merisel on or about November                  1,                  2004. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------|

| ·   | [*]                  collection of $3,429, received on or about December 6,                  2004. |
|--------------------|----------------------------------------------------------------------------------------------------|

| ·   | Check                  from [*] for $4,670, received on or about January 27,                  2005. |
|--------------------|-----------------------------------------------------------------------------------------------------|

| ·   | [*]                  interest payment in the amount of $8,554 received on or about December                  6,                  2004 |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------|

| ·   | [*]                  interest payment in the amount of $6,717 received on or about January                  12,                  2005 |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------|

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**SCHEDULE          C**

***FOR          IMMEDIATE RELEASE***

**MERISEL          AND FORMER CHIEF EXECUTIVE OFFICER SETTLE DISPUTE**

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**Schedule          D**