Document:

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                                                                    EXHIBIT 4.14

                            WARRANT TO PURCHASE STOCK

THIS WARRANT AND THE SHARES ISSUABLE HEREUNDER HAVE NOT BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR THE SECURITIES LAWS OF
ANY STATE AND, EXCEPT AND PURSUANT TO THE PROVISIONS OF ARTICLE 5 BELOW, MAY NOT
BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, PLEDGED OR HYPOTHECATED UNLESS AND
UNTIL REGISTERED UNDER SAID ACT AND APPLICABLE STATE SECURITIES LAW OR, IN THE
OPINION OF LEGAL COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER OF
THESE SECURITIES, SUCH OFFER, SALE OR TRANSFER, PLEDGE OR HYPOTHECATION IS
EXEMPT FROM REGISTRATION.

Company:           MOBILITY ELECTRONICS, INC.
Number of Shares:  5,000 (subject to adjustment as provided herein)
Class of Stock:    Common
Warrant Price:     The Designated Price, as defined below, per Share (subject to
                   adjustment as provided herein)
Issue Date:        September 3, 2003
Expiration Date:   The tenth (10th) anniversary of the Issue Date

         THIS WARRANT CERTIFIES THAT, for the agreed upon value of $1.00 and for
other good and valuable consideration (including, without limitation, as set
forth in that certain Amendment to Loan Documents, dated August 25, 2003 (the
"August 2003 Amendment"), between MOBILITY ELECTRONICS, INC. (the "Company") and
SILICON VALLEY BANK ("Holder")), the Holder is entitled to purchase the number
of fully paid and nonassessable shares of the class of securities (the "Shares")
of the company (the "Company") at the Warrant Price, all as set forth above and
as adjusted pursuant to Article 2 of this Warrant, subject to the provisions and
upon the terms and conditions set forth in this Warrant. For the avoidance of
doubt, this Warrant is the "August 2003 Warrant" referred to in the August 2003
Amendment (notwithstanding that the Issue Date is in September 2003 rather than
August 2003).

         As used herein, the term "Designated Price" means $7.59 (which is the
average closing price per Share reported for the 5 trading days immediately
before the Issue Date).

ARTICLE 1. EXERCISE.

                  1.1 Method of Exercise. Holder may exercise this Warrant by
delivering a duly executed Notice of Exercise in substantially the form attached
as Appendix 1 to the principal office of the Company. Unless Holder is
exercising the conversion right set forth in Article 1.2, Holder shall also
deliver to the Company a check, wire transfer (to an account designated by the
Company), or other form of payment acceptable to the Company for the aggregate
Warrant Price for the Shares being purchased.

                  1.2 Conversion Right. In lieu of exercising this Warrant as
specified in Article 1.1, Holder may from time to time convert this Warrant, in
whole or in part, into a number of Shares determined by dividing (a) the
aggregate fair market value of the Shares or other securities otherwise issuable
upon exercise of this Warrant minus the aggregate Warrant Price of such Shares
by (b) the fair market value of one Share. The fair market value of the Shares
shall be determined pursuant to Article 1.3.

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                  1.3 Fair Market Value. If the Company's common stock is traded
in a public market and the Shares are common stock, the fair market value of
each Share shall be the closing price of a Share reported for the business day
immediately before Holder delivers its Notice of Exercise to the Company (or in
the instance where the Warrant is exercised immediately prior to the
effectiveness of the Company's initial public offering, the "price to public"
per share price specified in the final prospectus relating to such offering). If
the Company's common stock is traded in a public market and the Shares are
preferred stock, the fair market value of a Share shall be the closing price of
a share of the Company's common stock reported for the business day immediately
before Holder delivers its Notice of Exercise to the Company (or, in the
instance (if applicable) where the Warrant is exercised immediately prior to the
effectiveness of the Company's initial public offering, the initial "price to
public" per share price specified in the final prospectus relating to such
offering), in both cases, multiplied by the number of shares of the Company's
common stock into which a Share is convertible. If the Company's common stock is
not traded in a public market, the Board of Directors of the Company shall
determine fair market value in its reasonable good faith judgment.

                  1.4 Delivery of Certificate and New Warrant. Promptly after
Holder exercises or converts this Warrant and, if applicable, the Company
receives payment of the aggregate Warrant Price, the Company shall deliver to
Holder certificates for the Shares acquired and, if this Warrant has not been
fully exercised or converted and has not expired, a new Warrant representing the
Shares not so acquired.

                  1.5 Replacement of Warrants. On receipt of evidence reasonably
satisfactory to the Company of the loss, theft, destruction or mutilation of
this Warrant and, in the case of loss, theft or destruction, on delivery of an
indemnity agreement reasonably satisfactory in form and amount to the Company
or, in the case of mutilation, or surrender and cancellation of this Warrant,
the Company shall execute and deliver, in lieu of this Warrant, a new warrant of
like tenor.

                  1.6 Treatment of Warrant Upon Acquisition of Company.

                           1.6.1 "Acquisition". For the purpose of this Warrant,
"Acquisition" means any sale, license, or other disposition of all or
substantially all of the assets of the Company, or any reorganization,
consolidation, or merger of the Company where the holders of the Company's
securities before the transaction beneficially own less than 50% of the
outstanding voting securities of the surviving entity after the transaction.

                           1.6.2 Treatment of Warrant at Acquisition.

A) Upon the written request of the Company, Holder agrees that, in the event of
an Acquisition in which the sole consideration is cash, either (a) Holder shall
exercise its conversion or purchase right under this Warrant and such exercise
will be deemed effective immediately prior to the consummation of such
Acquisition or (b) if Holder elects not to exercise the Warrant, this Warrant
will expire upon the consummation of such Acquisition. The Company shall provide
the Holder with written notice of its request relating to the foregoing
(together with such reasonable information as the Holder may request in
connection with such contemplated Acquisition giving rise to such notice that
can be provided to Holder without violating applicable federal or state
securities laws), which is to be delivered to Holder not less than ten (10) days
prior to the closing of the proposed Acquisition.

B) Upon the written request of the Company, Holder agrees that, in the event of
an Acquisition that is an "arms length" sale of all or substantially all of the
Company's assets (and only its assets) to a third party that is not an Affiliate
(as defined below) of the Company (a "True Asset Sale"), either (a) Holder shall
exercise its conversion or purchase right under this

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Warrant and such exercise will be deemed effective immediately prior to the
consummation of such Acquisition or (b) if Holder elects not to exercise the
Warrant, this Warrant will continue until the Expiration Date if the Company
continues as a going concern following the closing of any such True Asset Sale.
The Company shall provide the Holder with written notice of its request relating
to the foregoing (together with such reasonable information as the Holder may
request in connection with such contemplated Acquisition giving rise to such
notice), which is to be delivered to Holder not less than ten (10) days prior to
the closing of the proposed Acquisition.

C) Upon the closing of any Acquisition other than those particularly described
in subsections (A) and (B) above, the successor entity shall assume the
obligations of this Warrant, and this Warrant shall be exercisable for the same
securities, cash, and property as would be payable for the Shares issuable upon
exercise of the unexercised portion of this Warrant as if such Shares were
outstanding on the record date for the Acquisition and subsequent closing. The
Warrant Price and/or number of Shares shall be adjusted accordingly.

As used herein "Affiliate" shall mean any person or entity that owns or controls
directly or indirectly ten (10) percent or more of the stock of Company, any
person or entity that controls or is controlled by or is under common control
with such persons or entities, and each of such person's or entity's officers,
directors, joint venturers or partners, as applicable.

ARTICLE 2. ADJUSTMENTS TO THE SHARES.

                  2.1 Stock Dividends, Splits, Etc. If the Company declares or
pays a dividend on the Shares payable in common stock, or other securities, then
upon exercise of this Warrant, for each Share acquired, Holder shall receive,
without cost to Holder, the total number and kind of securities to which Holder
would have been entitled had Holder owned the Shares of record as of the date
the dividend occurred. If the Company subdivides the Shares by reclassification
or otherwise into a greater number of shares or takes any other action which
increase the amount of stock into which the Shares are convertible, the number
of shares purchasable hereunder shall be proportionately increased and the
Warrant Price shall be proportionately decreased. If the outstanding shares are
combined or consolidated, by reclassification or otherwise, into a lesser number
of shares, the Warrant Price shall be proportionately increased and the number
of Shares shall be proportionately decreased.

                  2.2 Reclassification, Exchange, Combinations or Substitution.
Upon any reclassification, exchange, substitution, or other event that results
in a change of the number and/or class of the securities issuable upon exercise
or conversion of this Warrant, Holder shall be entitled to receive, upon
exercise or conversion of this Warrant, the number and kind of securities and
property that Holder would have received for the Shares if this Warrant had been
exercised immediately before such reclassification, exchange, substitution, or
other event. The Company or its successor shall promptly issue to Holder an
amendment to this Warrant setting forth the number and kind of such new
securities or other property issuable upon exercise or conversion of this
Warrant as a result of such reclassification, exchange, substitution or other
event that results in a change of the number and/or class of securities issuable
upon exercise or conversion of this Warrant. The amendment to this Warrant shall
provide for adjustments which shall be as nearly equivalent as may be
practicable to the adjustments provided for in this Article 2 including, without
limitation, adjustments to the Warrant Price and to the number of securities or
property issuable upon exercise of the new Warrant. The provisions of this
Article 2.2 shall similarly apply to successive reclassifications, exchanges,
substitutions, or other events.

                  2.3 [reserved]

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                  2.4 No Impairment. The Company shall not, by amendment of its
Articles or Certificate (as applicable) of Incorporation or through a
reorganization, transfer of assets, consolidation, merger, dissolution, issue,
or sale of securities or any other voluntary action, avoid or seek to avoid the
observance or performance of any of the terms to be observed or performed under
this Warrant by the Company, but shall at all times in good faith assist in
carrying out of all the provisions of this Article 2 and in taking all such
action as may be necessary or appropriate to protect Holder's rights under this
Article against impairment.

                  2.5 Fractional Shares. No fractional Shares shall be issuable
upon exercise or conversion of the Warrant and the number of Shares to be issued
shall be rounded down to the nearest whole Share. If a fractional share interest
arises upon any exercise or conversion of the Warrant, the Company shall
eliminate such fractional share interest by paying Holder the amount computed by
multiplying the fractional interest by the fair market value of a full Share (as
determined in accordance with Section 1.3).

                  2.6 Certificate as to Adjustments. Upon each adjustment of the
Warrant Price, the Company shall promptly notify Holder in writing, and, at the
Company's expense, promptly compute such adjustment, and furnish Holder with a
certificate of its Chief Financial Officer setting forth such adjustment and the
facts upon which such adjustment is based. The Company shall, upon written
request, furnish Holder a certificate setting forth the Warrant Price in effect
upon the date thereof and the series of adjustments leading to such Warrant
Price.

ARTICLE 3. REPRESENTATIONS AND COVENANTS OF THE COMPANY.

                  3.1 Representations and Warranties. The Company represents and
warrants to the Holder as follows:

                           (a) [reserved]

                           (b) All Shares which may be issued upon the exercise
of the purchase right represented by this Warrant, and all securities, if any,
issuable upon conversion of the Shares, shall, upon issuance, be duly
authorized, validly issued, fully paid and nonassessable, and free of any liens
and encumbrances except for restrictions on transfer provided for herein or
under applicable federal and state securities laws.

                           (c) [reserved]

                  3.2 Notice of Certain Events. If the Company proposes at any
time (a) to declare any dividend or distribution upon any of its stock, whether
in cash, property, stock, or other securities and whether or not a regular cash
dividend; (b) to offer for sale additional shares of any class or series of the
Company's stock; (c) to effect any reclassification or recapitalization of any
of its stock; (d) to merge or consolidate with or into any other corporation, or
sell, lease, license, or convey all or substantially all of its assets, or to
liquidate, dissolve or wind up; or (e) offer holders of registration rights the
opportunity to participate in an underwritten public offering of the company's
securities for cash, then, in connection with each such event, the Company shall
give Holder: (1) the same notice as is given to the other securitiesholders of
the Company of the date on which a record will be taken for such dividend,
distribution, or subscription rights (and specifying the date on which the
holders of common stock will be entitled thereto) or for determining rights to
vote, if any, in respect of the matters referred to in (c) and (d) above; (2) in
the case of the matters referred to in (c) and (d) above, the same notice as is
given to the other securitiesholders of the Company of the date when the same
will take place (and specifying the date on which the holders of common stock
will be entitled to exchange their common stock for securities or other property
deliverable upon the occurrence of

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such event); and (3) in the case of the matter referred to in (e) above, the
same notice as is given to the other securitiesholders of the Company.

                  3.3 [Intentionally Omitted]

                  3.4 No Stockholder Rights. Except as provided in this Warrant,
the Holder will not have any rights as a stockholder of the Company until the
exercise of this Warrant.

ARTICLE 4. REPRESENTATIONS, WARRANTIES OF THE HOLDER.  The Holder represents and
warrants to the Company as follows:

                 4.1 Purchase for Own Account. This Warrant and the securities
to be acquired upon exercise of this Warrant by the Holder will be acquired for
investment for the Holder's account, not as a nominee or agent, and not with a
view to the public resale or distribution within the meaning of the Act. Holder
also represents that the Holder has not been formed for the specific purpose of
acquiring this Warrant or the Shares.

                 4.2 Disclosure of Information. The Holder has received or has
had full access to all the information it considers necessary or appropriate to
make an informed investment decision with respect to the acquisition of this
Warrant and its underlying securities. The Holder further has had an opportunity
to ask questions and receive answers from the Company regarding the terms and
conditions of the offering of this Warrant and its underlying securities and to
obtain additional information (to the extent the Company possessed such
information or could acquire it without unreasonable effort or expense)
necessary to verify any information furnished to the Holder or to which the
Holder has access.

                 4.3 Investment Experience. The Holder understands that the
purchase of this Warrant and its underlying securities involves substantial
risk. The Holder has experience as an investor in securities of companies in the
development stage and acknowledges that the Holder can bear the economic risk of
such Holder's investment in this Warrant and its underlying securities and has
such knowledge and experience in financial or business matters that the Holder
is capable of evaluating the merits and risks of its investment in this Warrant
and its underlying securities and/or has a preexisting personal or business
relationship with the Company and certain of its officers, directors or
controlling persons of a nature and duration that enables the Holder to be aware
of the character, business acumen and financial circumstances of such persons.

                  4.4 Accredited Investor Status. The Holder is an "accredited
investor" within the meaning of Regulation D promulgated under the Act.

                  4.5 The Act. The Holder understands that this Warrant and the
Shares issuable upon exercise or conversion hereof have not been registered
under the Act in reliance upon a specific exemption therefrom, which exemption
depends upon, among other things, the bona fide nature of the Holder's
investment intent as expressed herein. The Holder understands that this Warrant
and the Shares issued upon any exercise or conversion hereof must be held
indefinitely unless subsequently registered under the 1933 Act and qualified
under applicable state securities laws, or unless exemption from such
registration and qualification are otherwise available.

ARTICLE 5. MISCELLANEOUS.

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                  5.1 Term: This Warrant is exercisable in whole or in part at
any time and from time to time on or before the Expiration Date.

                  5.2 Legends. This Warrant and the Shares (and the securities
issuable, directly or indirectly, upon conversion of the Shares, if any) shall
be imprinted with a legend in substantially the following form:

                  THIS WARRANT AND THE SHARES ISSUABLE HEREUNDER HAVE NOT BEEN
                  REGISTERED UNDER THE ACT, OR THE SECURITIES LAWS OF ANY STATE
                  AND, EXCEPT AND PURSUANT TO THE PROVISIONS OF ARTICLE 5 BELOW,
                  MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, PLEDGED OR
                  HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER SAID ACT AND
                  APPLICABLE STATE SECURITIES LAW OR, IN THE OPINION OF LEGAL
                  COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER OF
                  THESE SECURITIES, SUCH OFFER, SALE OR TRANSFER, PLEDGE OR
                  HYPOTHECATION IS EXEMPT FROM REGISTRATION.

                  5.3 Compliance with Securities Laws on Transfer. This Warrant
and the Shares issuable upon exercise of this Warrant (and the securities
issuable, directly or indirectly, upon conversion of the Shares, if any) may not
be transferred or assigned in whole or in part without compliance with
applicable federal and state securities laws by the transferor and the
transferee (including, without limitation, the delivery of investment
representation letters and legal opinions reasonably satisfactory to the
Company, as reasonably requested by the Company). The Company shall not require
Holder to provide an opinion of counsel if the transfer is to Silicon Valley
Bancshares (Holder's parent company) or any other affiliate of Holder.
Additionally, the Company shall also not require an opinion of counsel if there
is no material question as to the availability of current information as
referenced in Rule 144(c), Holder represents that it has complied with Rule
144(d) and (e) in reasonable detail, the selling broker represents that it has
complied with Rule 144(f), and the Company is provided with a copy of Holder's
notice of proposed sale.

                  5.4 Transfer Procedure. Upon receipt by Holder of the executed
Warrant, Holder will transfer all of this Warrant to Silicon Valley Bancshares,
Holder's parent company, by execution of an Assignment substantially in the form
of Appendix 2. Subject to the provisions of Article 5.3 and upon providing
Company with written notice, Silicon Valley Bancshares and any subsequent Holder
may transfer all or part of this Warrant or the Shares issuable upon exercise of
this Warrant (or the Shares issuable directly or indirectly, upon conversion of
the Shares, if any) to any transferee, provided, however, in connection with any
such transfer, Silicon Valley Bancshares or any subsequent Holder will give the
Company notice of the portion of the Warrant being transferred with the name,
address and taxpayer identification number of the transferee and Holder will
surrender this Warrant to the Company for reissuance to the transferee(s) (and
Holder if applicable). The Company may refuse to transfer this Warrant or the
Shares to any person who directly competes with the Company, unless, in either
case, the stock of the Company is publicly traded.

                  5.5 Notices. All notices and other communications from the
Company to the Holder, or vice versa, shall be deemed delivered and effective
when given personally or mailed by first-class registered or certified mail,
postage prepaid, at such address as may have been furnished to the Company or
the Holder, as the case may (or on the first business day after transmission by
facsimile) be, in writing by the Company or such holder from time to time.
Effective upon receipt of the fully executed Warrant and the initial transfer
described in Article

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5.4 above, all notices to the Holder shall be addressed as follows until the
Company receives notice of a change of address in connection with a transfer or
otherwise:

                           Silicon Valley Bancshares
                           Attn: Treasury Department
                           3003 Tasman Drive, HA 200
                           Santa Clara, CA 95054
                           Telephone: 408-654-7400
                           Facsimile: 408-496-2405

         Notice to the Company shall be addressed as follows until the Holder
receives notice of a change in address:

                           Mobility Electronics, Inc.
                           Attn: Joan W. Brubacher
                           17800 N. Perimeter Drive, Suite 200
                           Scottsdale, AZ 85255
                           Telephone: 480-596-0061
                           Facsimile: 480-477-3639

                  5.6 Waiver. This Warrant and any term hereof may be changed,
waived, discharged or terminated only by an instrument in writing signed by the
party against which enforcement of such change, waiver, discharge or termination
is sought.

                  5.7 Attorney's Fees. In the event of any dispute between the
parties concerning the terms and provisions of this Warrant, the party
prevailing in such dispute shall be entitled to collect from the other party all
costs incurred in such dispute, including reasonable attorney's fees.

                  5.8 [Intentionally Omitted]

                  5.9 Governing Law. This Warrant shall be governed by and
construed in accordance with the laws of the State of California, without giving
effect to its principles regarding conflicts of law.

[remainder of page intentionally left blank; signature page follows]

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                  5.10 Counterparts. This Warrant may be executed in
counterparts, all of which together shall constitute one and the same agreement.

                                    "COMPANY"

                                    MOBILITY ELECTRONICS, INC.

                                    By:______________________________________

                                    Name: ___________________________________
                                             (Print)
                                    Title: Chairman of the Board, President or
                                           Vice President

                                    By:______________________________________

                                    Name: ___________________________________
                                             (Print)
                                    Title: Chief Financial Officer, Secretary,
                                           Assistant Treasurer or Assistant
                                           Secretary

                                    "HOLDER"

                                    Silicon Valley Bank

                                    By:______________________________________

                                    Name: ___________________________________
                                             (Print)
                                    Title: __________________________________
                                             (Print)

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                                   APPENDIX 1

                               NOTICE OF EXERCISE

         1. Holder elects to purchase ___________ shares of the Common/Series
______ Preferred [strike one] Stock of __________________ pursuant to the terms
of the attached Warrant, and tenders payment of the purchase price of the shares
in full.

            [or]

         1. Holder elects to convert the attached Warrant into Shares/cash
[strike one] in the manner specified in the Warrant. This conversion is
exercised for _____________________ of the Shares covered by the Warrant.

         [Strike paragraph that does not apply.]

         2. Please issue a certificate or certificates representing the shares
in the name specified below:

                           ___________________________________________
                                    Holders Name

                           ___________________________________________

                           ___________________________________________
                                    (Address)

         3. By its execution below and for the benefit of the Company, Holder
hereby restates each of the representations and warranties in Article 4 of the
Warrant as the date hereof.

                                     HOLDER:

                                     ___________________________________

                                     By:________________________________
                                     Name:______________________________
                                     Title:_____________________________

                                     (Date):____________________________

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                                   APPENDIX 2

                                   ASSIGNMENT

         FOR VALUE RECEIVED, SILICON VALLEY BANK HEREBY SELLS, ASSIGNS AND
         TRANSFERS UNTO
                  NAME:     SILICON VALLEY BANCSHARES
                  ADDRESS:  3003 TASMAN DRIVE (HA-200)
                            SANTA CLARA, CA 95054

                  TAX ID:           91-1962278

         THAT CERTAIN WARRANT TO PURCHASE STOCK ISSUED BY MOBILITY ELECTRONICS,
         INC. (THE "COMPANY"), ON SEPTEMBER __, 2003 (THE "WARRANT") TOGETHER
         WITH ALL RIGHTS, TITLE AND INTEREST THEREIN.

                                    SILICON VALLEY BANK

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________
Date: September __, 2003

By its execution below, and for the benefit of the Company, Silicon Valley
Bancshares makes each of the representations and warranties set forth in Article
4 of the Warrant as of the date hereof.

                                    SILICON VALLEY BANCSHARES

                                    By:________________________________
                                    Name:______________________________
                                    Title:_____________________________

                                       10<PAGE>
                                                                    Exhibit 10.1

SILICON VALLEY BANK

                           AMENDMENT TO LOAN DOCUMENTS

BORROWER(S):  MOBILITY ELECTRONICS, INC.
              PORTSMITH, INC.
              MAGMA, INC.

DATE:         AS OF JANUARY 31, 2003

         THIS AMENDMENT TO LOAN DOCUMENTS (THIS "AMENDMENT") is entered into
between SILICON VALLEY BANK ("Bank"), whose address is 3003 Tasman Drive, Santa
Clara, California 95054, and the borrower(s) named above (individually and
collectively, and jointly and severally, the "Borrower").

         Bank and Borrower agree to amend the Loan and Security Agreement
between them, dated as of September 27, 2002 (as amended, restated,
supplemented, or otherwise modified from time to time, the "Loan Agreement"), as
follows, effective as of the date hereof. Capitalized terms used but not defined
in this Amendment, shall have the meanings set forth in the Loan Agreement (as
amended by this Amendment):

         1.       VIOLATIONS OF SECTIONS 5.1(a) AND 5.1(b) OF SCHEDULE TO LOAN
AGREEMENT; ASSET BASED TERMS IN EFFECT. Borrower and Bank hereby acknowledge and
agree that: (a) Parent (on a consolidated basis) failed, as of November 30,
2002, to maintain the minimum adjusted quick ratio required under Section 5.1(a)
of the Schedule to Loan Agreement; (b) Parent (on a consolidated basis) failed,
as of September 30, 2002, to maintain the minimum EBITDA required under Section
5.1(b) of the Schedule to Loan Agreement; (c) pursuant to Section 6.3 of the
Schedule to Loan Agreement, either or both of such violations may trigger the
effectiveness of the Asset Based Terms upon Bank's written notice thereof to
Parent; and (d) Bank hereby notifies Parent and the other Borrowers, and Parent
and the other Borrowers hereby accept such notification, that the Asset Based
Terms are effective.

         2.       LIMITED WAIVER. Bank and Borrower hereby agree that any
failure of Parent (on a consolidated basis) to maintain the minimum Tangible Net
Worth required under Section 5.1(c) or 5.2 of the Schedule to Loan Agreement
solely for one or more of the months ended September 30, 2002, October 31, 2002,
November 30, 2002, and December 31, 2002 (collectively, the "Designated
Default") hereby is waived. It is understood, however, that the foregoing waiver
of the Designated Default does not constitute a waiver of the aforementioned
covenants with respect to any other date or time period, or of any other
provision or term of the Loan Agreement or any related document, nor an
agreement to waive in the future such covenants with respect to any other date
or time period or any other provision or term of the Loan Agreement or any
related document.

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<PAGE>

         SILICON VALLEY BANK                     AMENDMENT TO LOAN DOCUMENTS

         3.       AMENDMENTS TO LOAN AGREEMENT.

                  (a) Anything in the Loan Agreement to the contrary
notwithstanding, the Inventory Sublimit shall equal Zero Dollars ($-0-), unless
and until Bank receives evidence, satisfactory to Bank, that, with respect to
any fiscal quarter of Parent commencing on or after January 1, 2003, Parent (on
an consolidated basis) shall have maintained a Tangible Net Worth of not less
than Thirteen Million Dollars ($13,000,000) at all times during such fiscal
quarter.

                  (b) The portion of Section 5.1(c) of the Schedule to Loan
Agreement that currently reads as follows:

                     "Parent (on a consolidated basis) shall maintain a Tangible
                      Net Worth of not less than $13,000,000 (the "Minimum
                      Tangible Net Worth"), as of the end of each month,
                      provided that, at the end of each fiscal quarter of the
                      Borrower, commencing with the fiscal quarter ending
                      September 30, 2002, the Minimum Tangible Net Worth
                      requirement shall be increased by 100% of the net income
                      of the Parent (on a consolidated basis) for such fiscal
                      quarter, but the Minimum Tangible Net Worth requirement
                      shall not increase to greater than $17,000,000. Said
                      increased Minimum Tangible Net Worth requirement shall be
                      effective as of the end of such fiscal quarter, and shall
                      continue in effect thereafter. In no event shall the
                      Minimum Tangible Net Worth requirement be decreased."

, hereby is amended and restated in its entirety to read as follows:

                     "Parent (on a consolidated basis) shall maintain a Tangible
                      Net Worth of not less than $10,500,000 (the "Minimum
                      Tangible Net Worth"), as of the end of each month,
                      provided that, at the end of each fiscal quarter of the
                      Borrower, commencing with the fiscal quarter ending March
                      31, 2003, the Minimum Tangible Net Worth requirement shall
                      be increased by 100% of the net income of the Parent (on a
                      consolidated basis) for such fiscal quarter, but the
                      Minimum Tangible Net Worth requirement shall not increase
                      to greater than $17,000,000. Said increased Minimum
                      Tangible Net Worth requirement shall be effective as of
                      the end of such fiscal quarter, and shall continue in
                      effect thereafter. In no event shall the Minimum Tangible
                      Net Worth requirement be decreased."

                  (c) The portion of Section 5.2 of the Schedule to Loan
Agreement that currently reads as follows:

                     "Parent (on a consolidated basis) shall maintain a Tangible
                      Net Worth of not less than $13,000,000 (the "Minimum
                      Tangible Net Worth"), as of the end of each month,
                      provided that, at the end of each fiscal quarter of the
                      Borrower, commencing with the fiscal quarter ending
                      September 30, 2002, the Minimum Tangible Net Worth
                      requirement shall be increased by 100% of the net income
                      of the Parent (on a consolidated basis) for such fiscal
                      quarter, but the Minimum Tangible Net Worth requirement
                      shall not increase to greater than $17,000,000. Said
                      increased Minimum Tangible Net Worth requirement shall

                                       2
<PAGE>

         SILICON VALLEY BANK                     AMENDMENT TO LOAN DOCUMENTS

                      be effective as of the end of such fiscal quarter, and
                      shall continue in effect thereafter. In no event shall the
                      Minimum Tangible Net Worth requirement be decreased."

, hereby is amended and restated in its entirety to read as follows:

                     "Parent (on a consolidated basis) shall maintain a Tangible
                      Net Worth of not less than $10,500,000 (the "Minimum
                      Tangible Net Worth"), as of the end of each month,
                      provided that, at the end of each fiscal quarter of the
                      Borrower, commencing with the fiscal quarter ending March
                      31, 2003, the Minimum Tangible Net Worth requirement shall
                      be increased by 100% of the net income of the Parent (on a
                      consolidated basis) for such fiscal quarter, but the
                      Minimum Tangible Net Worth requirement shall not increase
                      to greater than $17,000,000. Said increased Minimum
                      Tangible Net Worth requirement shall be effective as of
                      the end of such fiscal quarter, and shall continue in
                      effect thereafter. In no event shall the Minimum Tangible
                      Net Worth requirement be decreased."

                  (d) Section 6.4 of the Schedule to Loan Agreement, which
currently reads as follows:

                      "6.4 Conversion Back to Non-Asset Based Terms. In the
                           event the Asset Based Terms are in effect, Parent may
                           convert back to the Non-Asset Based Terms by giving
                           Bank 30 days prior written notice thereof, provided
                           that, at the date the notice is given and at the date
                           the conversion is to go into effect (i) no default or
                           Event of Default has occurred and is continuing, (ii)
                           the total outstanding principal balance of the
                           Advances and all outstanding Letters of Credit does
                           not exceed $5,000,000, (iii) Parent has met the
                           financial covenants set forth in Section 5.1 above
                           throughout the most-recent ending fiscal quarter and
                           provides evidence of the same to the Bank
                           satisfactory to the Bank, and (iv) the Bank approves
                           the conversion to the Non-Asset Based Terms in its
                           good faith business judgment."

, hereby is amended and restated in its entirety to read as follows:

                      "6.4 Conversion Back to Non-Asset Based Terms. In the
                           event the Asset Based Terms are in effect, Parent may
                           convert back to the Non-Asset Based Terms by giving
                           Bank 30 days prior written notice thereof, provided
                           that, at the date the notice is given and at the date
                           the conversion is to go into effect: (i) no default
                           or Event of Default has occurred and is continuing;
                           (ii) the total outstanding principal balance of the
                           Advances and all outstanding Letters of Credit does
                           not exceed $5,000,000; (iii) Parent (on a
                           consolidated basis) has met the financial covenants
                           set forth in Section 5.1 above throughout the
                           most-recent ending fiscal quarter (notwithstanding
                           that Section 5.1 by its terms would apply while the
                           Asset Based Terms are not in effect) and provides
                           evidence of the same to the Bank satisfactory to the
                           Bank; (iv) Parent (on an consolidated basis) shall
                           have maintained a Tangible Net Worth of not less than
                           Thirteen Million Dollars

                                       3
<PAGE>

         SILICON VALLEY BANK                     AMENDMENT TO LOAN DOCUMENTS

                           ($13,000,000) throughout the most-recent ending
                           fiscal quarter and provides evidence of the same to
                           the Bank satisfactory to the Bank; and (v) the Bank
                           approves the conversion to the Non-Asset Based Terms
                           in its good faith business judgment."

                  (e) The definition of "Guarantor" set forth in Section 13.1 of
the Loan Agreement, which currently reads as follows:

                     " "Guarantor" is any present or future guarantor of any of
                     the Obligations, including Cutting Edge Software, Inc.."

, hereby is amended and restated in its entirety to read as follows:

                     " "Guarantor" is any present or future guarantor of any of
                     the Obligations, including Cutting Edge Software, Inc. and
                     iGo Direct Corporation."

                  (f) The portion of Section 8.10 of the Loan Agreement that
currently reads as follows:

                     "Any guaranty of any Obligations ceases for any reason to
                     be in full force or any Guarantor does not perform any
                     obligation under any guaranty of any of the Obligations, or
                     any material misrepresentation or material misstatement
                     exists now or later in any warranty or representation in
                     any guaranty of the Obligations or in any certificate
                     delivered to Bank in connection with the guaranty, or any
                     circumstance described in Sections 8.5, 6 or 8 occurs to
                     any Guarantor."

, hereby is amended and restated in its entirety to read as follows:

                     "Any guaranty of any Obligations ceases for any reason to
                     be in full force or any Guarantor does not perform any
                     obligation under any guaranty of any of the Obligations or
                     any other Loan Document, or any material misrepresentation
                     or material misstatement exists now or later in any
                     warranty or representation in any guaranty of the
                     Obligations or any other Loan Document or in any
                     certificate delivered to Bank in connection with any such
                     guaranty or any other Loan Document, or any circumstance
                     described in Sections 8.5, 8.6 or 8.8 occurs with respect
                     to any Guarantor, mutatis mutandis."

                  (g) Anything in the Loan Agreement to the contrary
notwithstanding, Borrower shall have Excess Availability (as defined herein) of
not less than $1,500,000 at all times until and including April 15, 2003. As
used herein, the term "Excess Availability" means, as of any date of
determination, the amount, as determined by Bank in its good faith business
judgment, equal to the aggregate Advances and other extensions of credit
available to the Borrower under the Loan Agreement (after deduction of all
applicable reserves).

         4.       LIMITED CONSENT TO PERMITTED iGO ACQUISITION. Anything in the
Loan Agreement to the contrary notwithstanding, Bank hereby consents to the
formation by Parent of IGOC Acquisition, Inc., a Delaware corporation, as a
wholly-owned Subsidiary of Parent and the

                                       4
<PAGE>

         SILICON VALLEY BANK                     AMENDMENT TO LOAN DOCUMENTS

merger of iGo Corporation, a Delaware corporation, with and into IGOC
Acquisition, Inc., with IGOC Acquisition, Inc., now known as iGo Direct
Corporation ("iGo"), as the surviving corporation of such merger, substantially
in accordance with the terms and conditions of that certain Agreement and Plan
of Merger, dated as of March 23, 2002, among Parent, iGo (then known as IGOC
Acquisition, Inc.), and iGo Corporation, as amended by that certain Amendment
No. 1 to Agreement and Plan of Merger, dated as of July 18, 2002, among those
same parties (collectively, the "iGo Acquisition Agreement", a copy of which is
included with Parent's SEC filings of public record) (such merger, the
"Permitted iGo Acquisition"); provided, however, that, as conditions to the
effectiveness of such consent (which, upon satisfaction of such conditions,
shall have effect from and after the date hereof):

                  (a) Bank shall have received lien searches listing all
         effective financing statements which name iGo Corporation, IGOC
         Acquisition, Inc., or iGo Direct Corporation as debtor that are filed
         in the applicable filing offices, none of which financing statements
         shall cover any of the assets of iGo Acquisition, except (i) Permitted
         Liens, (ii) financing statements as to which Bank has received duly
         executed termination statements in form and substance satisfactory to
         Bank, or (iii) as otherwise agreed in writing by Bank. Anything in the
         Loan Documents to the contrary notwithstanding, iGo may not merge or
         consolidate with any Borrower or any other Guarantor, and no assets
         (other than assets that are immaterial, either individually or in the
         aggregate) may be Transferred between, on the one hand, any Borrower or
         any other Guarantor, and, on the other hand, iGo, in each case, unless
         and until the condition in this clause (a) is satisfied.

                  (b) Silicon shall have received each of the following
         documents, in form and substance satisfactory to Bank and duly executed
         by iGo: (i) a guaranty agreement in favor of the Bank relative to the
         Obligations; (ii) a security agreement in favor of the Bank, pursuant
         to which iGo grants to Bank security interests in all or substantially
         all personal property of iGo in order to secure all obligations of iGo
         owing to Bank; and (iii) an intellectual property security agreement in
         favor of the Bank relative to the intellectual property collateral of
         iGo described therein.

The foregoing limited consent shall not constitute a waiver of any of the other
terms or provisions of the Loan Agreement or any other Loan Documents, nor
constitute a consent to any other transaction, whether or not similar to the
foregoing.

         5.       LIMITED CONSENT TO LIGGITT SUBORDINATED NOTE. Anything in the
Loan Agreement to the contrary notwithstanding, Bank hereby consents to the
incurrence by Parent of unsecured indebtedness owing to Richard C. Liggitt
("Liggitt") under that certain Convertible Subordinated Promissory Note, dated
November 13, 2002, by Parent to the order of Liggitt, in the original principal
amount of $990,000.00 (the "Liggitt Note; Borrower hereby represents and
warrants that attached hereto as Exhibit A are true, correct, and complete
copies of the Liggitt Note and all other material documents relating thereto)
(such unsecured indebtedness, the "Permitted Liggitt Subdebt"); provided,
however, that, as conditions to the effectiveness of such consent (which, upon
satisfaction of such conditions, shall have effect from and after the date
hereof): (a) Bank shall receive a subordination agreement, in form and substance
satisfactory to Bank, duly executed by Liggitt relative to the Permitted Liggitt
Subdebt and acknowledged by Borrower (the "Liggitt Subordination Agreement");
and (b) Borrower hereby covenants and

                                       5
<PAGE>

         SILICON VALLEY BANK                     AMENDMENT TO LOAN DOCUMENTS

agrees that Borrower shall not make any payments in respect of the Permitted
Liggitt Subdebt except if and to the extent permitted under the Liggitt
Subordination Agreement.

The foregoing limited consent shall not constitute a waiver of any of the other
terms or provisions of the Loan Agreement or any other Loan Documents, nor
constitute a consent to any other transaction, whether or not similar to the
foregoing.

         6.       FEES. Pursuant to Section 3 of the Schedule to Loan Agreement
and because the Asset Based Terms became effective under Section 1(c) above,
Borrower shall pay Bank the additional facility fee of $25,000 concurrently with
the execution and delivery of this Amendment, which fee shall be non-refundable
and in addition to all interest and other fees payable to Bank under the Loan
Documents. Furthermore, in consideration for Bank entering into this Amendment,
Borrower shall pay Bank a fee of $5,000 concurrently with the execution and
delivery of this Amendment, which fee shall be non-refundable and in addition to
all interest and other fees payable to Bank under the Loan Documents. Bank is
authorized to charge said fees to Borrower's loan account.

         7.       REPRESENTATIONS TRUE; PRIMARY ACCOUNTS. Borrower represents
and warrants to Bank that all representations and warranties set forth in the
Loan Agreement, as amended hereby, are true and correct. Borrower represents and
warrants and covenants and agrees that, from and after the date hereof, Borrower
is and shall be in compliance in all material respects with Section 6.6
[entitled "Primary Accounts"] of the Loan Agreement.

         8.       GENERAL PROVISIONS. This Amendment, the Loan Agreement, any
prior written amendments to the Loan Agreement signed by Bank and Borrower, and
the other Loan Documents set forth in full all of the representations and
agreements of the parties with respect to the subject matter hereof and
supersede all prior discussions, representations, agreements and understandings
between the parties with respect to the subject hereof. Except as expressly
amended herein (or as amended and restated in the Loan Documents as expressly
contemplated herein), all of the terms and provisions of the Loan Agreement and
all other Loan Documents shall continue in full force and effect and the same
are hereby ratified and confirmed.

 [remainder of page intentionally left blank; signature page follows]

                                       6
<PAGE>

         SILICON VALLEY BANK                     AMENDMENT TO LOAN DOCUMENTS

         9.       COUNTERPARTS. This Amendment may be executed in any number of
counterparts and by different parties on separate counterparts, each of which,
when executed and delivered, shall be deemed to be an original, and all of
which, when taken together, shall constitute but one and the same document.
Delivery of an executed counterpart of this Amendment by telefacsimile shall be
equally as effective as delivery of an original executed counterpart of this
Amendment. The foregoing shall apply to each other Loan Document mutatis
mutandis.

Borrower:                                Bank:

   MOBILITY ELECTRONICS, INC.            SILICON VALLEY BANK

   By_______________________________     By__________________________________
         President or Vice President     Title_______________________________

Borrower:                                Borrower:

   PORTSMITH, INC.                          MAGMA, INC.

   By_______________________________        By_______________________________
         President or Vice President              President or Vice President

                                       7
<PAGE>

         SILICON VALLEY BANK                     AMENDMENT TO LOAN DOCUMENTS

                                     CONSENT

         The undersigned acknowledges that the undersigned's consent to the
foregoing Amendment is not required, but the undersigned nevertheless does
hereby consent to the foregoing Amendment and to the documents and agreements
referred to therein and to all future modifications and amendments thereto, and
any termination thereof, and to any and all other present and future documents
and agreements between or among the foregoing parties. Nothing herein shall in
any way limit any of the terms or provisions of the guaranty, security
agreement, or any other Loan Document of the undersigned, all of which are
hereby ratified and affirmed.

Borrower:                                Borrower:

   Cutting Edge Software, Inc.            iGo Direct Corporation,  a Delaware
                                          corporation formerly known as IGOC
                                          Acquisition,  Inc. and
                                          successor-by-merger to iGo Corporation

   By_______________________________
      President or Vice President

                                          By_______________________________
                                              President or Vice President

                                       8

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