Document:

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                                                                   EXHIBIT 10.10
                                LOAN AGREEMENT

THIS LOAN AGREEMENT is entered into as of October 14, 1997 (this "Loan
Agreement") between METAWAVE COMMUNICATIONS CORPORATION, a Delaware corporation
(herein called "Borrower"), and IMPERIAL BANK (herein called "Bank").

     1.   COMMITMENT.

          A.   FACILITY-A COMMITMENT.  Subject to all the terms and conditions
of this Loan Agreement and prior to the termination of its commitment as
hereinafter provided, Bank hereby agrees to make loans (each a "Facility-A
Loan") to Borrower, from time to time and in such amounts as Borrower shall
request pursuant to this SECTION 1.A., up to an aggregate principal amount
outstanding under the Facility-A Loan Account (as hereinafter defined) not to
exceed the least of:  (a) Eighty percent (80%) of Eligible Accounts (the
"Borrowing Base") or (b) $5,000,000.00 (the "Facility-A Commitment").  If at any
time or for any reason, the outstanding principal amount of the Facility-A Loan
Account is greater than the least of:  (x) the Borrowing Base or (y) the
Facility-A Commitment, Borrower shall immediately pay to Bank, in cash, the
amount of such excess.  Any commitment of Bank, pursuant to the terms of this
Loan Agreement, to make Facility-A Loans shall expire on the Facility-A Maturity
Date (as hereinafter defined), subject to Bank's right to renew said commitment
in its sole and absolute discretion at Borrower's request.  Any such renewal of
said commitment shall not be binding upon Bank unless it is in writing and
signed by an officer of Bank.  Provided that no Event of Default (as hereinafter
defined) has occurred and is continuing, all or any portion of the Facility-A
Loans advanced by Bank which are repaid by Borrower shall be available for
reborrowing in accordance with the terms hereof.  Borrower promises to pay to
Bank the entire outstanding unpaid principal balance (and all accrued unpaid
interest thereon) of the Facility-A Loan Account on October 14, 1999 ("Facility-
A Maturity Date").

               (1)  FACILITY-A LOANS. The amount of each Facility-A Loan made by
Bank to Borrower hereunder shall be debited to the loan ledger account of
Borrower maintained by Bank for the Facility-A Commitment (herein called the
"Facility-A Loan Account") and Bank shall credit the Facility-A Loan Account
with all loan repayments in respect thereof made by Borrower. When Borrower
desires to obtain a Facility-A Loan, Borrower shall notify Bank (which notice
shall be signed by an officer of Borrower and shall be irrevocable) in
accordance with SECTION 2 hereof, to be received no later than 3:00 p.m. Pacific
time one (1) Banking Day (as hereinafter defined) before the day on which the
Facility-A Loan is to be made. Facility-A Loans may only be used for working
capital purposes and the issuance of letters of credits.

                    (a)  LETTER OF CREDIT USAGE AND SUBLIMIT. Subject to the
availability of the Facility-A Commitment and in reliance on the representations
and warranties of Borrower set forth herein, at any time and from time to time
from the date hereof through the Banking Day immediately prior to the Facility-A
Maturity Date, Bank shall issue for the account of Borrower such standby and
commercial letters of credit ("Letters of Credit") as Borrower may request,
which request shall be made by delivering to Bank a duly executed letter of
credit application on Bank's standard form; provided, however, that the
outstanding and undrawn amounts under all such Letters of Credit (i) shall not
at any time exceed $3,000,000.00 and (ii) shall be deemed to constitute
Facility-A Loans for the purpose of calculating availability under the
Facility-A Commitment. Unless Borrower shall have deposited with Bank cash
collateral in an amount sufficient to cover all undrawn amounts under each such
Letter of Credit and Bank shall have agreed in writing, no Letter of Credit
shall have an expiration date that is later than the Facility-A Maturity Date.
All Letters of Credit shall be in form and substance acceptable to Bank in its
sole discretion and shall be subject to the terms and conditions of Bank's
application and letter of credit agreement, in the form of EXHIBIT B attached
hereto and incorporated herein by this reference. Borrower will pay any standard
issuance and other fees that Bank notifies Borrower will be charged for issuing
and processing Letters of Credit for Borrower.

               (2)  LIMITATION ON ADVANCE OF ANY FACILITY-A LOAN.
Notwithstanding any of the provisions contained in SECTION 1.A hereof, prior to
any advance of a Facility-A Loan, a representative of Bank shall have conducted
an audit of Borrower's books and records relating to the Collateral and made
extracts therefrom, and arranged for verification of the Accounts, directly with
the account debtors or otherwise, all with results reasonably satisfactory to
Bank, the cost of such audit of which shall be at Borrower's sole expense. Based
on Bank's review of such audit, and prior to the advance of a

[***]  CERTAIN INFORMATION ON THIS PAGE(S) HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION.  CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO
THE OMITTED PORTIONS.

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Facility-A Loan in accordance with the terms of SECTION 1.A hereof, Bank may
adjust the Borrowing Base percentage, in its sole and reasonable discretion, as
provided for under SECTION 9.B. hereof.

               (3)  NON-FORMULA AVAILABILITY. Provided that no Event of Default
has occurred and is continuing, and subject to the availability of the Facility-
A Commitment and in reliance on the representations and warranties of Borrower
set forth herein, at any time from the date hereof through April 30, 1998, Bank
hereby agrees to make Facility-A Loans to Borrower in such amounts as Borrower
shall request pursuant to this SECTION 1.A.(3), in an aggregate principal amount
not to exceed $2,500,000.00 (the "Non-Formula Availability"); provided, however,
that the outstanding amounts under this Non-Formula Availability shall be deemed
to constitute Facility-A Loans for the purpose of calculating availability under
the Facility-A Commitment.

               (4)  INTEREST PAYMENTS ON FACILITY-A LOANS. Borrower further
promises to pay to Bank from the date of the advance of the initial Facility-A
Loan through the Facility-A Maturity Date, on or before the tenth (10th) day of
each month, interest on the average daily unpaid balance of the Facility-A Loan
Account during the immediately preceding month at a rate of interest equal to
the rate of interest per annum which Bank has announced as its prime lending
rate (the "Prime Rate"), which shall vary concurrently with any change in the
Prime Rate. Interest shall be computed at the above rate on the basis of the
actual number of days during which the principal balance of the Facility-A Loan
Account is outstanding divided by 360, which shall for interest computation
purposes be considered one (1) year.

     2.   LOAN REQUESTS.  Requests for Loans hereunder shall be in writing duly
executed by Borrower in the form of EXHIBIT C attached hereto and incorporated
herein by this reference and shall contain a certification setting forth the
matters referred to in SECTION 1, which shall disclose that Borrower is entitled
to the amount and type of Loan being requested.  Bank is hereby authorized to
charge Borrower's deposit account with Bank for all principal and interest due
Bank under this Loan Agreement.

     3.   DELIVERY OF PAYMENTS.  Payment to Bank of all amounts due hereunder
shall be made at its Santa Clara Valley Regional office, or at such other place
as may be designated in writing by Bank from time to time.  If any payment date
fall on a day that is not a day that Bank is open for the transaction of
business ("Banking Day"), the payment due date shall be extended to the next
Banking Day.

     4.   LATE CHARGE.  If any interest payment, principal payment or principal
balance payment required hereunder is not received by Bank on or before ten (10)
days from the date in which such payment becomes due, Borrower shall pay to
Bank, a late charge equal to the lesser of (a) five percent (5.0%) of the amount
of such unpaid payment, in addition to said unpaid payment or (b) the maximum
amount permitted to be charged by applicable law, until remitted to Bank;
provided; however, nothing contained in this SECTION 4, shall be construed as
any obligation on the part of Bank to accept payment of any past due payment or
less than the total unpaid principal balance of the Facility-A Loan Account
following the FacilityA Maturity Date.  All payments shall be applied first to
any late charges due hereunder, next to accrued interest then payable and the
remainder, if any, to reduce any unpaid principal due under the Facility-A Loan
Account.

     5.   DEFAULT INTEREST.  From and after the Facility-A Maturity Date, or
such earlier date as all sums owing under the Facility-A Loan Account becomes
due and payable by acceleration or otherwise, or upon the occurrence of an Event
of Default, at the option of Bank all sums owing under the Facility-A Loan
Account shall bear interest until paid in full at a rate equal to the lesser of
(a) five percent (5.0%) per annum in excess of the then applicable interest rate
provided for in SECTION 1.A.(3) hereof or (b) the maximum amount permitted to be
charged by applicable law, until all obligations hereunder are repaid in full or
the Event of Default is waived or cured to the satisfaction of Bank, as
applicable.

     6.   DEFINITIONS.  As used in this Loan Agreement and unless otherwise
defined herein, all initially capitalized terms shall have the meanings set
forth on EXHIBIT A attached hereto and incorporated herein by this reference.

     7.   REPRESENTATIONS AND WARRANTIES.  Borrower represents and warrants to
Bank:  (a) That Borrower is a corporation, duly organized and existing in the
State of its incorporation and the execution, delivery and performance of each
of the Loan Documents are within Borrower's corporate powers, have been duly
authorized and are not in conflict with law or the terms of any charter, by-law
or other incorporation papers, or of any indenture, agreement or undertaking to
which Borrower is a party or by which Borrower is bound or affected; (b)
Borrower is, and at the time the Collateral becomes

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subject to Bank's security interest will be, the true and lawful owner of and
has, and at the time the Collateral becomes subject to Bank's security interest
will have, good and clear title to the Collateral, subject only to Bank's rights
therein and to Permitted Liens; (c) Each Account is, and at the time the Account
comes into existence will be, a true and correct statement of a bona fide
indebtedness incurred by the debtor named therein in the amount of the Account
for either merchandise sold or delivered (or being held subject to Borrower's
delivery instructions) to, or services rendered, performed and accepted by, the
account debtor; (d) That there are and will be no defenses, counterclaims, or
setoffs which may be asserted against the Accounts from time to time represented
by Borrower to be Eligible Accounts, except as permitted in the definition
thereof; (e) Any and all financial information, including information relating
to the Collateral, submitted by Borrower to Bank, whether previously or in the
future, is and will be true and correct in all material respects; (f) There is
no material litigation or other proceeding pending or threatened against or
affecting Borrower, and Borrower is not in default with respect to any order,
writ, injunction, decree or demand of any court or other governmental or
regulatory authority; (g) (i) The consolidated balance sheets of Borrower dated
as of September, 1997, and the related consolidated profit and loss statements
for the fiscal year then ended, copies of which have heretofore been delivered
to Bank by Borrower, and all other statements and data submitted in writing by
Borrower to Bank in connection with Borrower's request for credit are true and
correct, and said balance sheet and profit and loss statement accurately present
the financial condition of Borrower as of the date thereof and the results of
the operations of Borrower for the period covered thereby, and have been
prepared in accordance with GAAP, (ii) since such date, there have been no
material adverse changes in the financial condition of Borrower, and (iii)
Borrower has no knowledge of any material liabilities, contingent or otherwise,
which are not reflected in said balance sheet, and Borrower has not entered into
any special commitments or substantial contracts which are not reflected in said
balance sheet, other than in the ordinary and normal course of its business,
which may have a Material Adverse Effect upon its financial condition,
operations or business as now conducted; (h) Borrower has no material liability
for any delinquent local, state or federal taxes, and, if Borrower has
contracted with any government agency, it has no liability for renegotiation of
profits; and (i) to the best of its knowledge, Borrower, as of the date hereof,
possesses all necessary trademarks, trade names, copyrights, patents, patent
rights, and licenses to conduct its business as now operated, without any known
conflict with valid trademarks, trade names, copyrights, patents, patent rights
and license rights of others.

     8.   NEGATIVE COVENANTS.  Borrower agrees that so long as any loans,
obligations or liabilities remain outstanding or unpaid to Bank or the
commitment of Bank hereunder is in effect, neither Borrower, nor any of its
subsidiaries ("Subsidiaries") will, without the prior written consent of Bank,
which will not be unreasonably withheld:

          A.   Make any substantial change in the character of its business as
now conducted;

          B.   Create, incur, assume or permit to exist any Indebtedness other
than loans from Bank except obligations now existing as shown in the financial
statements referenced in SECTION 7.(G)(I), excluding those being refinanced by
Bank, Subordinated Debt and Permitted Indebtedness; or sell or transfer, either
with or without recourse, any accounts or notes receivable or any monies due or
to become due;

          C.   Create, incur, assume or permit to exist any mortgage, pledge,
encumbrance, lien or charge of any kind (including the charge upon property at
any time purchased or acquired under conditional sale or other title retention
agreement) upon any asset now owned or hereafter acquired by it, other than
Permitted Liens and liens in favor of Bank;

          D.   Sell, dispose of or grant a security interest in any of the
Collateral other than to Bank (other than the disposing of such Collateral in
the ordinary and normal course of its business as now conducted, such Collateral
which is disposed in connection with the sale of Network Services Division or
other assets which are obsolete or otherwise considered surplus), or execute any
financing statements covering the Collateral in favor of any secured party or
Person other than Bank;

          E.   Sell, transfer, assign, mortgage, pledge, license (except in the
ordinary and normal course of its business as it is now conducted), lease, grant
a security interest in, or otherwise encumber any of its Intellectual Property;

          F.   Make any loans or advances to any Person or other entity other
than in the ordinary and normal course of its business as now conducted
(provided that such loans or advances are not made to any Person or entity which
is controlled by or under common control with Borrower);

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          G.   Purchase or otherwise acquire all or substantially all of the
assets or business of any Person or other entity; or liquidate, dissolve, merge
or consolidate, or commence any proceedings therefore; or, except in the
ordinary and normal course of its business as now conducted, sell (including,
without limitation, the selling of any property or other asset accompanied by
the leasing back of the same) any assets including any fixed assets, any
property, or other assets necessary for the continuance of its business as now
conducted; and

          H.   Declare or pay any dividend or make any other distribution on any
of its capital stock now outstanding or hereafter issued or purchase, redeem or
retire any of such stock other than in dividends or distributions payable in
Borrower's or any such Subsidiary's capital stock, except for the repurchase of
Borrower's capital stock from officers, directors, employees or consultants of
Borrower upon termination of their employment with or rendering of services to
Borrower.

     9.   AFFIRMATIVE COVENANTS.  Borrower affirmatively covenants that so long
as any loans, obligations or liabilities remain outstanding or unpaid to Bank or
the commitment of Bank hereunder is in effect, it will:

          A.   Furnish Bank from time to time such financial statements and
information as Bank may reasonably request and inform Bank immediately upon the
occurrence of a material adverse change therein;

          B.   Notwithstanding the provisions contained in SECTION 1.A.(2)
hereof, permit representatives of Bank to conduct annual audits of Borrower's
books and records relating to the Collateral and make extracts therefrom, with
results satisfactory to Bank, provided that Bank shall use its best efforts to
not interfere with the conduct of Borrower's business, and to the extent
possible to arrange for verification of the Accounts directly with the account
debtors obligated thereon or otherwise, all under reasonable procedures
acceptable to Bank and at Borrower's sole expense.  Borrower hereby acknowledges
and agrees that upon completion of any such audit, including any such audit
conducted in accordance with the provisions of SECTION 1.A.(2) hereof, Bank
shall have the right to adjust the Borrowing Base percentage based on its review
of the results of such Collateral audit, if in its reasonable discretion the
Accounts have a lower likelihood of collection than Bank previously believed
prior to such Collateral audit;

          C.   Promptly notify Bank of any attachment or other material legal
process levied against any of the Collateral and any information received by
Borrower relative to the Collateral, including the Accounts, the account debtors
or other Persons obligated in connection therewith, which may in any way affect
the value of the Collateral or the rights and remedies of Bank in respect
thereto;

          D.   Reimburse Bank upon demand for any and all legal costs, including
reasonable attorneys' fees, and other expense incurred in collecting any sums
payable by Borrower under the Facility-A Loan Account or any other obligation
secured hereby, enforcing any term or provision of this Loan Agreement or
otherwise or in the checking, handling and collection of the Collateral and the
preparation and enforcement of any agreement relating thereto;

          E.   Notify Bank of each location and of each office of Borrower at
which records of Borrower relating to the Accounts are kept;

          F.   Provide, maintain and deliver to Bank policies insuring the
Collateral against loss or damage by such risks and in such amounts, forms and
companies as Bank may require (to the extent customarily maintained by
businesses similar to Borrower) and with loss payable to Bank, and, in the event
Bank takes possession of the Collateral, the insurance policy or policies and
any unearned or returned premium thereon, to the extent necessary to repay any
indebtedness owed to Bank, shall at the option of Bank become the sole property
of Bank, such policies and the proceeds of any other insurance covering or in
any way relating to the Collateral, whether now in existence or hereafter
obtained, being hereby assigned to Bank;

          G.   In the event the unpaid balance of the Facility-A Loan Account
shall exceed the maximum amount of outstanding loans to which Borrower is
entitled under SECTION 1 hereof, as applicable, Borrower shall immediately pay
to Bank for credit to the Facility-A Loan Account the amount of such excess;

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          H.   Maintain and preserve all rights, franchises and other authority
adequate and necessary for the conduct of its business and maintain and preserve
its existence in the State of its incorporation and any other state(s) in which
Borrower conducts its business, except with respect to such other state(s), as
the failure to do so would not have a Material Adverse Effect;

          I.   Maintain public liability, property damage and workers
compensation insurance and insurance on all its insurable property against fire
and other hazards with responsible insurance carriers to the extent usually
maintained by similar businesses.  Borrower shall provide evidence of property
insurance in amounts and types acceptable to Bank, and certificates naming Bank
as a loss payee;

          J.   Pay and discharge, before the same becomes delinquent and
penalties accrue thereon, all taxes, assessments and governmental charges upon
or against it or any of its properties, and any of its other liabilities at any
time existing, except to the extent and so long as: (1) the same are being
contested in good faith and by appropriate proceedings in such manner as not to
cause any Material Adverse Effect or the loss of any right of redemption from
any sale thereunder; and (2) it shall have set aside on its books reserves
(segregated to the extent required by GAAP);

          K.   Maintain a standard and modern system of accounting in accordance
with GAAP on a basis consistently maintained; permit Bank's representatives to
have access to, and to examine its properties, books and records at all
reasonable times; provided that Bank shall use its best efforts to not interfere
with the conduct of Borrower's business;

          L.   Maintain its properties, equipment and facilities in good order
and repair;

          M.   Prior to allowing any of Borrower's raw materials, work in
process, finished goods inventory and property, plant and equipment to be
transported to or be held at any contract manufacturer, warehouse or other
location (other than with bona fide distributors and retail accounts), Borrower
shall provide notice to Bank and Borrower shall have complied with such filing
and notice requirements as shall, in Bank's opinion, assure Borrower's and
Bank's priority in such property over creditors of such contract manufacturer,
warehouseman or operator of such other location, including, without limitation,
making filings under California Commercial Code (S)2326, providing notice under
California Commercial Code (S)9114 and making filings and publications as
required under California Civil Code (S)3440.1 and (S)3440.5  All such filings,
notices and publications shall be in form and substance satisfactory to Bank.

     10.  FINANCIAL COVENANTS AND INFORMATION.  All financial covenants and
financial information referenced herein shall be interpreted and prepared in
accordance with GAAP as used in the United States of America applied on a basis
consistent with previous years.  Compliance with the financial covenants shall
be calculated and monitored on a monthly basis, except as shall be expressly
stated to the contrary.  Borrower affirmatively covenants that so long as any
loans, obligations or liabilities remain outstanding or unpaid to Bank or any
commitment is outstanding hereunder, it will, on a consolidated basis:

          A.   At all times, maintain a Minimum Tangible Net Worth (meaning all
assets, excluding any value for goodwill, trademarks, patents, copyrights,
organization expense and other similar intangible items, less all liabilities,
plus Subordinated Debt) of not less than $6,000,000.00.

          B.   At all times maintain a Maximum Ratio of Total Liabilities
(meaning all liabilities, excluding Subordinated Debt) to Tangible Net Worth (as
defined in SECTION 10.A. hereof) not to exceed 1.50:1.00;

          C.   At all times maintain a Minimum Quick Ratio (meaning all cash
plus Accounts divided by current liabilities) of not less than 1.00:1.00;

          D.   As soon as it is available, but not later than twenty-five (25)
days after and as of the end of each month, deliver to Bank an internally-
prepared financial statement consisting of a balance sheet and profit and loss
statement, in form satisfactory to Bank, and a Compliance Certificate in the
form of EXHIBIT D attached hereto and incorporated herein by this reference,
certified by an officer of Borrower;

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          E.   As soon as it is available, but not later than one hundred twenty
(120) days after the end of Borrower's fiscal year, deliver to Bank unqualified
copies of Borrower's consolidated financial statements together with changes in
financial position audited by an independent certified public accountant
selected by Borrower but acceptable to Bank;

          F.   So long as the Facility-A Commitment shall be outstanding or any
amounts remain outstanding and unpaid under the Facility-A Loan Account, as soon
as it is available, but not later than twenty-five (25) days after and as of the
end of each month, deliver to Bank, in such form and detail as Bank may require,
statements showing aging of the Accounts and Borrower's accounts payable,
together with a Borrowing Base Certificate in the form of EXHIBIT E attached
hereto and incorporated herein by this reference, certified by an officer of
Borrower.  Notwithstanding the foregoing, as a condition to any request for a
FacilityA Loan, Borrower shall have delivered to Bank said aging statements as
well as a Borrowing Base Certificate covering the most recent month then ended
prior to the date of Borrower's request for an advance for a FacilityA Loan;

          G.   Upon the reasonable request of Bank, deliver to Bank current
budgets, sales projections, operating plans and other financial exhibits and
information in form and substance satisfactory to Bank; and

          H.   Upon any officer becoming aware, deliver immediately to Bank
written notice of any pending or threatened litigation claiming, or reasonably
likely to result in, damages against Borrower in an amount in excess of
$150,000.00.

     11.  LOAN FEE.  Borrower has paid, and Bank hereby acknowledges receipt of
a loan fee in the amount of Twenty-five Thousand Dollars ($25,000.00).

     12.  DEFAULT AND REMEDIES.  The occurrence of any one or more of the
following shall constitute an "Event of Default":  (a) Default be made in the
payment of any obligation by Borrower under any Loan Document; (b) Except for
any failure to pay as described in clause (a) above, material breach be made in
any warranty, statement, promise, term or condition, contained herein or in any
other Loan Document and the same shall not have been cured to the satisfaction
of Bank within fifteen (15) days after Borrower shall have become aware thereof,
whether by written notice from Bank, or otherwise, (except that no cure period
shall exist for breaches in respect of Borrower's obligations under SECTION 8,
SUBSECTIONS 9.A., 9.B., 9.C., 9.F., 9.G. and 9.H., SUBSECTIONS 10.A., 10.B. and
10.C. of this Loan Agreement, and SECTIONS 1 and 2 of the General Security
Agreement and a cure period of five (5) days shall exist for SUBSECTIONS 9.I.,
10.D., 10.E. and 10.F.); (c) Any statement, warranty or representation made by
Borrower at any time proves materially false; (d) Borrower defaults in the
repayment of any principal of or the payment of any interest on any indebtedness
exceeding in the aggregate principal amount $100K or breaches or violates any
term or provision of any promissory note, loan agreement, mortgage, indenture or
other evidence of such indebtedness pursuant to which amounts outstanding in the
aggregate exceed $2.0M if the effect of such breach is to permit the
acceleration of such indebtedness, whether or not waived by the note holder or
obligee, and such failure shall not have been cured to Bank's satisfaction
within fifteen (15) calendar days after Borrower shall become aware thereof,
whether by written notice from Bank or otherwise, or there has in fact been an
acceleration of such indebtedness; (e) Borrower becomes insolvent or makes an
assignment for the benefit of creditors; (f) Any proceeding be commenced by
Borrower under any bankruptcy, reorganization, arrangement, readjustment of debt
or moratorium law or statute or, any such a proceeding is commenced against
Borrower and is not dismissed or stayed within ten (10) days (provided that no
Loans will be made prior to the dismissal of such proceeding); (g) Any money
judgment, writ of attachment, garnishment, execution or other legal process be
entered against Borrower or issued against any material property of Borrower
which is not fully covered by insurance (subject to reasonable deductibles) and
remains unvacated, unbonded, unstayed or unpaid or undischarged for more than
fifteen (15) days (whether or not consecutive) or in any event later than five
(5) days prior to the date of any proposed sale thereunder, or if any assessment
for taxes against Borrower other than against any of its real property, is made
by the Federal or State government or any department thereof; or (h) Any change
in Borrower's financial condition, prospects or operations which has a Material
Adverse Effect.  Upon the occurrence and during the continuance of an Event of
Default, Bank may, at its option and without demand first made and without
notice to Borrower, do any one or more of the following:  (i) Terminate its
obligation to make loans to Borrower as provided in SECTION 1 hereof; (ii)
Declare all sums secured hereby immediately due and payable; (iii) Immediately
take possession of the Collateral wherever it may be found, using all legally
permissible means to do so, or require Borrower to assemble the Collateral and
make it available to Bank at a place designated by Bank which is reasonably
convenient to Borrower and

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Bank, and Borrower waives all claims for damages due to or arising from or
connected with any such taking; (iv) Proceed in the foreclosure of Bank's
security interest and sale of the Collateral in any manner permitted by law, or
provided for herein; (v) Sell, lease or otherwise dispose of the Collateral at
public or private sale, with or without having the Collateral at the place of
sale, and upon terms and in such manner as Bank may determine, and Bank may
purchase same at any such sale; (vi) Retain the Collateral in full satisfaction
of the obligations secured thereby to the extent permitted under the Uniform
Commercial Code; (vii) Exercise any remedies of a secured party under the
Uniform Commercial Code; or (viii) Immediately record the IP Security Agreement
with the United States Patent and Trademark Office, the Register of Copyrights
and/or the UCC Division of the California Secretary of State, to perfect Bank's
security interests created and assignment granted in the Intellectual Property
thereunder. Prior to any such disposition, Bank may, at its option, cause any of
the Collateral to be repaired or reconditioned in such manner and to such extent
as Bank may deem advisable, and any sums expended therefor by Bank shall be
repaid by Borrower and secured hereby. Bank shall have the right to enforce one
or more remedies hereunder successively or concurrently, and any such action
shall not estop or prevent Bank from pursuing any further remedy which it may
have hereunder or by law. If a sufficient sum is not realized from any such
disposition of the Collateral to pay all obligations secured by this Loan
Agreement, Borrower hereby promises and agrees to pay Bank any deficiency.

     13.  RECORDS RETENTION.  Borrower authorizes Bank to destroy all invoices,
delivery receipts, reports and other types of documents and records submitted to
Bank in connection with the transactions contemplated herein at any time
subsequent to four (4) months from the time such items are delivered to Bank.

     14.  ATTORNEYS' FEES.  Borrower agrees to reimburse Bank for its reasonable
attorneys' fees and expenses incurred in connection with the negotiation,
preparation, execution and delivery of the Loan Documents.

     15.  GOVERNING LAW; JUDICIAL REFERENCE.

          A.   GOVERNING LAW.  This Agreement shall be deemed to have been made
in the State of California and the validity, construction, interpretation, and
enforcement hereof, and the rights of the parties hereto, shall be determined
under, governed by, and construed in accordance with the internal laws of the
State of California, without regard to principles of conflicts of law.

          B.   JUDICIAL REFERENCE.

               (1)  Other than (a) nonjudicial foreclosure and all matters in
connection therewith regarding security interests in real or personal property;
or (b) the appointment of a receiver, or the exercise of other provisional
remedies (any and all of which may be initiated pursuant to applicable law),
each controversy, dispute or claim between the parties arising out of or
relating to this Loan Agreement or the other Loan Documents, which controversy,
dispute or claim is not settled in writing within thirty (30) days after the
"Claim Date" (defined as the date on which a party subject to this Loan
Agreement gives written notice to all other parties that a controversy, dispute
or claim exists), will be settled by a reference proceeding in California in
accordance with the provisions of Section 638 et seq. of the California Code of
Civil Procedure, or their successor section ("CCP"), which shall constitute the
exclusive remedy for the settlement of any controversy, dispute or claim
concerning this Loan Agreement, including whether such controversy, dispute or
claim is subject to the reference proceeding and except as set forth above, the
parties waive their rights to initiate any legal proceedings against each other
in any court or jurisdiction other than the Superior Court in the County where
the real property, if any, is located or Santa Clara County, if none (the
"Court").  The referee shall be a retired Judge of the Court selected by mutual
agreement of the parties, and if they cannot so agree within forty-five (45)
days after the Claim Date, the referee shall be promptly selected by the
Presiding Judge of the Court (or his/her representative).  The referee shall be
appointed to sit as a temporary judge, with all of the powers for a temporary
judge, as authorized by law, and upon selection should take and subscribe to the
oath of office as provided for in Rule 244 of the California Rules of Court (or
any subsequently enacted Rule). Each party shall have one peremptory challenge
pursuant to CCP (S) 170.6.  The referee shall (x) be requested to set the matter
for hearing within sixty (60) days after the date of selection of the referee
and (y) try any and all issues of law or fact and report a statement of decision
upon them, if possible, within ninety (90) days of the Claim Date.  Any decision
rendered by the referee will be final, binding and conclusive and judgement
shall be entered pursuant to CCP (S) 644 in any court in the State of California
having jurisdiction.  Any party may apply for a reference proceeding at any time
after thirty (30) days following notice to any other party of the nature of the
controversy, dispute or claim, by filing a petition for a hearing and/or trial.
All discovery

                                      -7-
<PAGE>

permitted by this Loan Agreement shall be completed no later than fifteen (15)
days before the first hearing date established by the referee. The referee may
extend such period in the event of a party's refusal to provide requested
discovery for any reason whatsoever, including, without limitation, legal
objections raised to such discovery or unavailability of a witness due to
absence or illness. No party shall be entitled to "priority" in conducting
discovery. Depositions may be taken by either party upon seven (7) days written
notice, and request for production or inspection of documents shall be responded
to within ten (10) days after service. All disputes relating to discovery which
cannot be resolved by the parties shall be submitted to the referee whose
decision shall be final and binding upon the parties. Pending appointment of the
referee as provided herein, the Superior Court is empowered to issue temporary
and/or provisional remedies, as appropriate.

               (2)  Except as expressly set forth in this Loan Agreement, the
referee shall determine the manner in which the reference proceeding is
conducted including the time and place of all hearings, the order of
presentation of evidence, and all other questions that arise with respect to the
course of the reference proceeding. All proceedings and hearings conducted
before the referee, except for trial, shall be conducted without a court
reporter except that when any party so requests, a court reporter will be used
at any hearing conducted before the referee. The party making such a request
shall have the obligation to arrange for and pay for the court reporter. The
costs of the court reporter at the trial shall be borne equally by the parties.

               (3)  The referee shall be required to determine all issues in
accordance with existing case law and the statutory laws of the State of
California.  The rules of evidence applicable to proceedings at law in the State
of California will be applicable to the reference proceeding.  The referee shall
be empowered to enter equitable as well as legal relief, to provide all
temporary and/or provisional remedies and to enter equitable orders that will be
binding upon the parties.  The referee shall issue a single judgment at the
close of the reference proceeding which shall dispose of all of the claims of
the parties that are the subject of the reference.  The parties hereto expressly
reserve the right to contest or appeal from the final judgment or any appealable
order or appealable judgment entered by the referee.  The parties hereto
expressly reserve the right to findings of fact, conclusions of laws, a written
statement of decision, and the right to move for a new trial or a different
judgment, which new trial, if granted,  is also to be a reference proceeding
under this provision.

               (4)  In the event that the enabling legislation which provides
for appointment of a referee is repealed (and no successor statute is enacted),
any dispute between the parties that would otherwise be determined by the
reference procedure herein described will be resolved and determined by
arbitration. The arbitration will be conducted by a retired judge of the Court,
in accordance with the California Arbitration Act, (S) 1280 through (S) 1294.2
of the CCP as amended from time to time. The limitations with respect to
discovery as set forth hereinabove shall apply to any such arbitration
proceeding.

     16.  MISCELLANEOUS PROVISIONS.

          A.   Borrower agrees that it will review the products and services
offered by Bank and use its best efforts to establish its primary banking
accounts with Bank, provided, that the products and services offered by Bank are
satisfactory to Borrower.

          B.   Nothing herein shall in any way limit the effect of the
conditions set forth in any other security or other agreement executed by
Borrower, but each and every condition hereof shall be in addition thereto.

          C.   No failure or delay on the part of Bank, in the exercise of any
power, right or privilege hereunder shall operate as a waiver thereof, nor shall
any single or partial exercise thereof.

          D.   All rights and remedies existing under this Loan Agreement or any
other Loan Document are cumulative to, and not exclusive of, any rights or
remedies otherwise available.

          E.   All headings and captions in this Loan Agreement and any related
documents are for convenience only and shall not have any substantive effect.

          F.   This Loan Agreement may be executed in any number of
counterparts, each of which when so delivered shall be deemed an original, but
all such counterparts shall constitute but one and the same instrument.  Each
such

                                      -8-
<PAGE>

agreement shall become effective upon the execution of a counterpart hereof or
thereof by each of the parties hereto and telephonic notification that such
executed counterparts has been received by Borrower and Bank.

BANK:                                    BORROWER:

IMPERIAL BANK                            METAWAVE COMMUNICATIONS CORPORATION,
                                                       A DELAWARE CORPORATION

By:  /s/ James E. Ellison                /s/ Vito Palermo
   --------------------------------      -------------------------------------
   Senior Vice President/Manager         Chief Financial Officer and Secretary

LIST OF EXHIBITS AND SCHEDULES
------------------------------

EXHIBIT A:  Definitions
 SCHEDULE 1 TO EXHIBIT A:  List of Specific Permitted Indebtedness
 SCHEDULE 2 TO EXHIBIT A:  List of Specific Permitted Liens

EXHIBIT B:  Form of Application and Letter of Credit Agreement

EXHIBIT C:  Loan Request Form

EXHIBIT D:  Compliance Certificate

EXHIBIT E:  Borrowing Base Certificate

                                      -9-
<PAGE>

________________________________________________________________________________

________________________________________________________________________________

                                   EXHIBIT A

                                  DEFINITIONS

     "ACCOUNTS" means any right to payment for goods sold or leased, or to be
sold or to be leased, or for services rendered or to be rendered no matter how
evidenced, including accounts receivable, contract rights, chattel paper,
instruments, purchase orders, notes, drafts, acceptances, general intangibles
and other forms of obligations and receivables.

     "CAPITAL LEASE" means, as to any Person, any lease of any Property by such
Person as lessee that is, or should be in accordance with Financing Accounting
Standards Board Statement No. 13, classified and accounted for as a "capital
lease" on the balance sheet of such Person prepared in accordance with GAAP.

     "CAPITAL LEASE OBLIGATION" means, with respect to any Capital Lease, the
amount of the obligation of the lessee thereunder that, in accordance with GAAP,
would appear on a balance sheet of such lessee in respect of such Capital Lease
or otherwise be disclosed in a note to such balance sheet.

     "COLLATERAL" means any and all personal property of Borrower which is
assigned or hereafter is assigned to Bank as security or in which Bank now has
or hereafter acquires a security interest hereunder (including, without
limitation, the Accounts), or pursuant to the terms of the General Security
Agreement, the Intellectual Property Security Agreement (upon its recordation in
accordance with SECTION 12(VIII) hereof) or otherwise.

     "CONTINGENT OBLIGATION" means, as applied to any Person, any direct or
indirect liability, contingent or otherwise, of that Person with respect to any
indebtedness, lease, dividend, letter of credit or other obligation of another,
including, without limitation, any such obligation directly or indirectly
guaranteed, endorsed (otherwise than for collection or deposit in the ordinary
course of business), comade or discounted or sold with recourse by that Person,
or in respect of which that Person is otherwise directly or indirectly liable,
including, without limitation, any such obligation for which that Person is in
effect liable through any agreement (contingent or otherwise) to purchase,
repurchase or otherwise acquire such obligation or any security therefor, or to
provide funds for the payment or discharge of such obligation (whether in the
form of loans, advances, capital stock purchases, capital contributions or
otherwise), or to maintain the solvency of the obligor of such obligation, or to
make payment for any products, materials or supplies or for any transportation,
services or lease regardless of the nondelivery or nonfurnishing thereof, in any
such case if the purpose or intent of such agreement is to provide assurance
that such obligation will be paid or discharged, or that any agreements relating
thereto will be complied with, or that the holders of such obligation will be
protected (in whole or in part) against loss in respect thereof.  The amount of
any Contingent Obligation of any Person shall be deemed to be an amount equal to
the maximum amount of such Person's liability with respect to the stated or
determinable amount of the primary obligation for which such Contingent
Obligation is incurred or, if not stated or determinable, the maximum reasonably
anticipated liability in respect thereof (assuming such Person is required to
perform thereunder).

     "ELIGIBLE ACCOUNTS" means such of Borrower's Accounts as Bank in its sole
reasonable discretion shall determine are eligible from time to time; provided,
however, that in no event shall Eligible Accounts include the following:

          (1) all domestic and pre-approved international (foreign) Accounts
     under which payment is not received within the earlier of (a) 90 days from
     the applicable invoice date and (b) 60 days from the applicable payment due
     date;

          (2) all Accounts against which the account debtor or any other Person
     obligated to make payment thereon asserts any defense, offset, counterclaim
     or other right to avoid or reduce the liability represented by the
     Accounts;

          (3) any Accounts if the account debtor or any other Person liable in
     connection therewith is insolvent, subject to bankruptcy or receivership
     proceedings or has made an assignment for the benefit of creditors or whose
     credit standing is unacceptable to Bank and Bank has so notified Borrower;

          (4) Accounts with respect to which the account debtor is an officer,
     director, shareholder, employee or Subsidiary;

                                      -10-
<PAGE>

          (5)  Accounts due from an account debtor if more than twenty-five
     percent (25%) of the aggregate amount of Accounts of such account debtor
     have at that time remained unpaid for more than the earlier of (a) ninety
     (90) days from the applicable invoice date and (b) sixty (60) days from the
     applicable payment due date;

          (6)  Accounts with respect to international (foreign) transactions
     unless (a) such Accounts are insured or covered by a letter of credit in a
     manner and form acceptable to the Bank, (b) the account debtors of such
     Accounts are foreign companies with sales greater than Five Hundred Million
     Dollars ($500,000,000) per year, or (c) Bank shall have otherwise permitted
     in writing in its sole and absolute direction;

          (7)  salesperson's accounts for promotional purposes;

          (8)  the amount by which the aggregate of all Accounts of an account
     debtor exceeds thirty-five percent (35%) of the total accounts receivable
     balance;

          (9)  Accounts where the account debtor is a seller to borrower, to the
     extent that a potential offset exists; and

          (10) Accounts where the account debtor is a federal governmental
     entity, federal agency or instrumentality thereof.

     "EVENT OF DEFAULT" has the meaning set forth in SECTION 12.

     "FACILITY-A MATURITY DATE" has the meaning set forth in SECTION 1.A.

     "GAAP" means generally accepted accounting principles set forth in the
opinions and pronouncements of the Accounting Principles Board of the American
Institute of Certified Public Accountants and statements and pronouncements of
the Financial Accounting Standards Board or in such other statements by such
other Person as may be approved by the significant segment of the accounting
profession, which are applicable to the circumstances as of the date of
determination.

     "GENERAL SECURITY AGREEMENT" means that certain General Security Agreement
(Tangible and Intangible Personal Property) dated of even date herewith, made by
Borrower in favor of Bank.

     "INDEBTEDNESS" means, as to any Person, without duplication, (a) all
indebtedness of such Person for borrowed money, including, without limitation,
all of such indebtedness outstanding under this Loan Agreement and any of the
other Loan Documents, (b) all Capital Lease Obligations of such Person, (c) to
the extent of the outstanding indebtedness thereunder, any obligation of such
Person representing an extension of credit to such Person, whether or not for
borrowed money, (d) any obligation of such Person for the deferred purchase
price of Property or services (other than (i) trade or other accounts payable in
the ordinary course of business in accordance with customary industry terms and
(ii) deferred franchise fees), (e) all Contingent Obligations, (f) any
obligation of such Person of the nature described in clauses (a), (b), (c), (d)
or (e) above, that is secured by a Lien on assets of such Person and which is
nonrecourse to the credit of such Person, but only to the extent of the fair
market value of the assets so subject to the Lien, (g) obligations of such
Person arising under acceptance facilities or under facilities for the discount
of accounts receivable of such Person, (h) any obligation of such Person to
reimburse the issuer of any letter of credit issued for the account of such
Person upon which a draw has been made, and (i) any lease having the effect of
indebtedness, whether or not the same shall be treated as such on the balance
sheet of Borrower under GAAP.

     "IP SECURITY AGREEMENT" means that certain Collateral Assignment, Patent
Mortgage and Security Agreement executed in blank by Borrower in favor of Bank
to be filed by Bank in accordance with SECTION 12(VIII) hereof.

     "INTELLECTUAL PROPERTY" means collectively, all of Borrower's intellectual
property, including, without limitation, the following:

          (1)  Any and all copyright rights, copyright applications, copyright
registrations and like protections in each work or authorship and derivative
work thereof, whether published or unpublished and whether or not the same also
constitutes a trade secret (collectively, the "Copyrights");

                                       11
<PAGE>

          (2)  Any and all trade secrets, and any and all intellectual property
rights in computer software and computer software products;
          (3)  Any and all design rights which may be available to Borrower;
          (4)  All patents, patent applications and like protections including,
without limitation, improvements, divisions, continuations, renewals, reissues,
extensions and continuations-in-part of the same (collectively, the "Patents");
          (5)  Any trademark and servicemark rights, whether registered or not,
applications to register and registrations of the same and like protections, and
the entire goodwill of the business of Borrower connected with and symbolized by
such trademarks (collectively, the "Trademarks");
          (6)  Any and all claims for damages by way of past, present and future
infringement of any of the rights included above, with the right, but not the
obligation, to sue for and collect such damages for said use or infringement of
the intellectual property rights identified above;
          (7)  All licenses or other rights to use any of the Copyrights,
Patents or Trademarks, and all license fees and royalties arising from such use
to the extent permitted by such license or rights;
          (8)  All amendments, renewals and extensions of any of the Copyrights,
Patents or Trademarks; and
          (9)  All proceeds and products of the foregoing, including, without
limitation, all payments under insurance or any indemnity or warranty payable in
respect of any of the foregoing.
     "LIEN" means any mortgage, pledge, security interest, lien or other charge
or encumbrance, including the lien or retained security title of a conditional
vendor, upon or with respect to any property or assets.

     "LOAN DOCUMENTS" means this Loan Agreement, the General Security Agreement
and that certain Agreement to Provide Insurance (Real or Personal Property)
dated of even date herewith, each as executed by Borrower in favor of Bank,
together with all other documents entered into or delivered pursuant to any of
the foregoing (including, without limitation, the IP Security Agreement upon its
recordation in accordance with SECTION 12(VIII) hereof), in each case as
originally executed or as the same may from time to time be modified, amended,
supplemented or restated.

     "LOANS"  means the Facility-A Loans advanced pursuant to SECTION 1.

     "MATERIAL ADVERSE EFFECT" means any set of circumstances or events which
(a) has or could reasonably be expected to have any material adverse effect upon
the validity or enforceability of any material provision of any Loan Document,
(b) is or could reasonably be expected to be material and adverse to the
condition (financial or otherwise) or business operations of Borrower, (c)
materially impairs or could reasonably be expected to materially impair the
ability of Borrower, to perform its material Obligations, (d) materially impairs
or could reasonably be expected to materially impair the value or priority of
Bank's security interest in any Collateral or (e) materially impairs or could
reasonably be expected to materially impair the ability of Bank to enforce any
of its legal remedies pursuant to the Loan Documents.

     "PERMITTED INDEBTEDNESS" means the following:

          (1)  indebtedness of Borrower or Indebtedness and Contingent
     Obligations of its Subsidiaries in favor of Bank arising under this Loan
     Agreement and the other Loan Documents;

          (2)  the existing Indebtedness and Contingent Obligations disclosed on
     SCHEDULE 1 attached hereto and incorporated herein by this reference;
     provided that the principal amount thereof is not increased and the terms
     thereof are not modified to impose more burdensome terms upon Borrower or
     any of its Subsidiaries;

          (3)  the Subordinated Debt;

          (4)  extensions, renewals or refinancings of Indebtedness permitted
     under this Loan Agreement, other than clause (3) immediately above;

          (5)  accrued dividends on the preferred stock of Borrower;

          (6)  interest rate and currency hedging agreements;

          (7)  guaranties of any Subsidiary's suppliers in connection with the
     purchase of supplies in the ordinary course of business;

                                       12
<PAGE>

          (8)  guaranties of lease obligations incurred in the ordinary course
     of business and to the extent otherwise permitted hereunder;

          (9)  Contingent Obligations constituting Permitted Liens; and

          (10) the indebtedness referred to in clause (3)(a) of the definition
     of Permitted Liens.
     "PERMITTED LIENS" means the following:

          (1)  liens and security interests existing as of this date and
disclosed in SCHEDULE 2 attached hereto and incorporated herein by this
reference;
          (2)  liens for taxes, fees, assessments or other governmental charges
or levies, either not delinquent or being contested in good faith by appropriate
proceedings;
          (3)  liens and security interests (a) upon or in any equipment
acquired or held by Borrower to secure the purchase price of such equipment or
indebtedness incurred solely for the purpose of financing the acquisition of
such equipment and in an amount not greater than the purchase price thereof or
(b) existing on such equipment at the time of its acquisition, provided that the
lien and security interest is confined solely to the property so acquired and
improvements thereon, and the proceeds of such equipment;
          (4)  liens consisting of leases or subleases and licenses and
sublicenses granted to others in the ordinary course of Borrower's business not
interfering in any material respect with the business of Borrower and any
interest or title of a lessor or licensor under any lease or license, as
applicable;
          (5)  liens securing claims or demands of materialmen, mechanics,
carriers, warehousemen, landlords and other like persons or entities imposed
without action of such parties;
          (6)  liens incurred or deposits made in the ordinary course of
Borrower's business in connection with worker's compensation, unemployment
insurance, social security and other like laws;
          (7)  liens arising from judgments, decrees or attachments in
circumstances not constituting an Event of Default;
          (8)  easements, reservations, rights-of-way, restrictions, minor
defects or irregularities in title and other similar charges or encumbrances
affecting real property not interfering in any material respect with the
ordinary conduct of Borrower's business;
          (9)  liens in favor of customs and revenue authorities arising as a
matter of law to secure payment of customs duties in connection with the
importation of goods;
          (10) liens that are not prior to Bank's security interest which
constitute rights of set-off of a customary nature;
          (11) any interest or title of a lessor in equipment subject to any
Capitalized Lease otherwise permitted hereunder; and
          (12) any liens arising from the filing of any financing statements
relating to true leases otherwise permitted hereunder.
     "PERSON" means any individual, sole proprietorship, partnership, joint
venture, trust, unincorporated organization, association, corporation, limited
liability company, institution, public benefit corporation, firm, joint stock
company, estate, entity or governmental agency.

     "PROPERTY" means any interest in any kind of property or asset, whether
real, personal or mixed, whether tangible or intangible.

     "SUBORDINATED DEBT" means indebtedness of Borrower, the repayment of
principal of which is fully subordinated in time and right of payment to the
Loans, and has been approved in Bank's sole and absolute discretion and in
writing.

                                       13
<PAGE>

                            SCHEDULE 1 TO EXHIBIT A

                        SPECIFIC PERMITTED INDEBTEDNESS

                                       14
<PAGE>

                            SCHEDULE 2 TO EXHIBIT A

                           SPECIFIC PERMITTED LIENS

                                       15
<PAGE>

                                   EXHIBIT B

              FORM OF APPLICATION AND LETTER OF CREDIT AGREEMENT

                     [TO BE PROVIDED AND ATTACHED BY BANK]

                                       16
<PAGE>

                                   EXHIBIT C

                               LOAN REQUEST FORM

                     [TO BE PROVIDED AND ATTACHED BY BANK]

                                       17
<PAGE>

                                   EXHIBIT D

                            COMPLIANCE CERTIFICATE

The consolidated financial statements dated as of __________________________ of
METAWAVE COMMUNICATIONS CORPORATION, a Delaware corporation ("Borrower")
attached hereto and submitted to IMPERIAL BANK ("Bank") pursuant to that certain
Loan Agreement dated as of October __, 1997, entered into between Borrower and
Bank (the "Loan Agreement"), are in compliance with all financial covenants
(unless otherwise noted below) as specified in SECTION 10 therein, as follows:

     COVENANT:                                               ACTUAL:

     A.   Minimum Tangible Net Worth of:
          -----------------------------
                                                                   $6,000,000.00

     B.   Maximum Liabilities to Tangible Net Worth Ratio:
          -----------------------------------
          1.50 : 1.00                                        ___________________

     C.   Minimum Quick Ratio:
          -------------------
          1.00 : 1.00                                        ___________________

Exceptions: (if none, so state):

The undersigned authorized officer of Borrower hereby certifies that Borrower is
in complete compliance with the terms and conditions of the Loan Agreement for
the period ending _____________________, ____, and as of the date of this
Compliance Certificate the representations and warranties stated therein are
true, accurate and complete as of the date hereof (except as to those
representations and warranties which specifically reference a particular date
and except as noted above).

The undersigned further certifies that s/he knows of no pending conditions which
may cause an Event of Default (as defined in the Loan Agreement) to exist in the
next thirty (30) days.  The required support documents for this certification
are attached and prepared in accordance with GAAP consistently applied.

Date:____________________                 METAWAVE COMMUNICATIONS CORPORATION,
                                          a Delaware corporation

                                       18
<PAGE>

                                   EXHIBIT E

                           BORROWING BASE CERTIFICATE

                     (To be provided and attached by Bank)

                                       19
<PAGE>

Imperial Bank Exhibit 10.10

5330 Carillon Point
Kirkland, WA  98033
(425) 832-1233
(425) 576-2810

     February 11, 2000

     VIA FACSIMILE AND US MAIL
     -------------------------

     METAWAVE COMMUNICATIONS CORPORATION
     8700 148th AVENUE NE
     REDMOND, WA  98052

     Re:  LOAN EXTENSION
          Borrower Name:  METAWAVE COMMUNICATIONS CORPORATION
          Loan Number:  736000021
          Note Number:  3

Gentlemen:

Imperial Bank has approved an extension of Facility-A Maturity Date to March 14,
2000 from its current maturity as evidenced by that certain Loan Agreement dated
October 14, 1997.

Except as modified and extended hereby, the existing loan documentation as
amended concerning your obligation remains in full force and effect.

Very truly yours,

/s/ Christopher Fenner

Christopher Fenner
Vice President
<PAGE>

March 23, 2000

John Schaller
Corporate Controller
Metawave Communications Corp
10735 Willows Rd NE
Redmond, Washington  98052

Dear John:

This letter sets forth a commitment from Imperial Bank ("Bank") to provide
Metawave Communications Corp ("Borrower") the credit described below.  The
credit facility will be subject to the terms and conditions of the Bank's
definitive loan documents which will include (but not be limited to) the
following in detail:

I.    CREDIT FACILITY

      A $10,000,000 Revolving Line of Credit ("Line") to support working capital
      with a $2,500,000 sublimit for issuance of Trade-Related Commercial and
      Standby Letters of Credit ("Letters of Credit").

II.   MATURITY

      364 days from completion of definitive loan documents.

III.  TERMS

      Interest will be payable monthly with principal due at Maturity.

IV.   COLLATERAL

      Bank to have a blanket first priority security interest perfected by UCC
      filings and related Security Agreements on all assets of Borrower
      including all present and future inventory, chattel paper, accounts,
      contract rights, unencumbered equipment, general intangibles, and fixtures
      and the product thereof, including specific filings on the Company's
      intellectual property with the US Patent and Trademark Office and the US
      Copyright Office.

V.    GUARANTORS

      Before Borrower may loan any amounts to or enter into any guaranties of
      amounts owing by its Taiwanese subsidiary as otherwise permitted
      hereunder, Borrower shall provide a subsidiary guarantee from such
      Taiwanese subsidiary in form acceptable to Bank.

<PAGE>

VI.   BORROWING FORMULA

      Advances will be limited to the lesser of: (i) 80% of Eligible Accounts or
      (ii) the amount available under the Line. Notwithstanding, non-formula
      based non-cash advances of up to $2,500,000 will be allowed for Letters of
      Credit as long as Borrower maintains a Quick Ratio of 1.50 to 1.00, as
      outlined in Section VIII.A.1.

      In the case that the Borrowing Base availability is above the outstanding
      Letters of Credit, cash advances will be allowed against the Borrower
      Base, over and above the outstanding Letters of Credit, and Borrower will
      be required to maintain a Quick Ratio of 1.25 to 1.00, as outlined in
      Section VIII.A.1.

      As used herein, "Eligible Accounts" will include those domestic and pre-
      approved foreign accounts receivable of Borrower which are outstanding
      less than 90 days from invoice date subject to certain exclusions for
      contra, US government and inter-company accounts. Approved foreign
      accounts receivable include the following:

          i.   Foreign accounts receivable that are fully insured.

          ii.  Foreign accounts receivable that are backed by a site Letter of
Credit whose documents have been reviewed and found acceptable to Imperial and
where the issuing bank has been found acceptable to Imperial.

          iii. Foreign accounts receivable that are backed by a usance Letter of
Credit whereby the issuing bank and related credit risk has been found
acceptable by Imperial.

      Additional foreign accounts receivable will be eligible to the extent they
      are approved in writing by Bank.

      Any account which alone exceeds 35% of total accounts will have the amount
      in excess of 35% excluded unless approved in writing by Bank.
      Notwithstanding, IUSACELL, Alltel, GTE, BAMS, Airtouch, and Southwestco
      will have no concentration limit.

      Any account 25% or more of which is outstanding over 90 days from invoice
      date will be excluded in its entirety.

VII.  PRICING

      Interest Rate:  Bank's Prime Rate per annum.

      Facility Fee:  $30,000, due and payable upon acceptance.

VIII. COVENANTS

      A.  Financial Covenants:

          1)   Upon closing, Borrower to maintain on a monthly basis unless
               otherwise noted:

               a)   Minimum Quick Ratio of 1.50 to 1.00. Notwithstanding,
                    Borrower shall maintain a Minimum Quick Ratio of [***] as
                    long as Borrowing Base supports cash advances over and above
                    the outstanding Letters of Credit.

               b)   Minimum Tangible Net Worth of $12,500,000 plus 50% of any
                    equity or subordinated debt raised by Borrower.

<PAGE>

               c)   Maximum Total Liabilities to Tangible Net Worth of 1.50 to
                    1.00.

               1    "Adjusted Quick Ratio" is defined as cash plus accounts
                    receivable divided by current liabilities less deferred
                    revenue and current portion of indebtedness fully
                    subordinated to the debt due to Bank.

               2    "Tangible Net Worth" is defined as the financial statement
                    net worth of the Borrower prepared in accordance with GAAP
                    less intangible assets plus indebtedness fully subordinated
                    to the debt due to Bank.

               3    "Total Liabilities" is defined as all the Borrower's
                   liabilities except for the indebtedness fully subordinated to
                   the debt due to the Bank

      B.  Borrower to provide Bank prior to a Initial Public Offering:

          1)   Unqualified audited financial statements within 120 days
               after each fiscal year.

          2)   Company prepared monthly financial statements and Compliance
               Certificate within 30 days after the end of each month.

          3)   Monthly aging of accounts receivable and accounts payable with
               Borrowing Base Certificate within 30 days after the end of each
               month.

          4)   Operating budgets, annual budgets and forecast within 30 days of
               fiscal year end.

          5)   Other financial information that the Bank may reasonably request

      C.  Borrower to provide Bank after the Initial Public Offering:

          1)   Unqualified audited financial statements and 10-K within 5 days
               of standard SEC filing date of 10-K.

          2)   10-Q and Compliance Certificate within 5 days of standard SEC
               filing date of 10-Q.

          3)   Company prepared monthly financial statements and Compliance
               Certificate within 30 days after the end of each month.

          4)   Monthly aging of accounts receivable and accounts payable with
               Borrowing Base Certificate within 30 days after the end of each
               month.

          5)   Operating budgets, annual budgets and forecast within 30 days of
               fiscal year end.

          6)   Other financial information that the Bank may reasonably request.

      D.  Other Covenants:

          1)   Upon review of the Bank's services Borrower will exercise best
               efforts to establish its primary banking accounts at the Bank,
               provided that Bank's services are satisfactory to Borrower.

          2)   Without Bank's prior approval, Borrower shall not:

               a.   Enter into any mergers or acquisitions, except for non-cash
                    transactions not resulting in change in control and the
                    Borrower is the surviving entity.

               b.   Major debt agreements except for:

                    i.   Debt existing at the closing of this loan.

                    ii.  Debt secured by a lien for the purchase of equipment.

                    iii. Subordinated Debt, which must be approved by the Bank,
                         and appropriate Subordination Agreements and Inter-
                         Creditors Agreements must be executed.

                    iv.  Other Debt not to exceed $500,000.

                    v.   Debt to trade creditors incurred in the ordinary course
                         of business.

               c.   Repurchase stock or pay cash dividends.

               d.   Hypothecate assets.

               e.   Loan money or guarantee loans of others, except to wholly-
                    owned subsidiaries in the ordinary course of business.
                    Notwithstanding, such loans or guarantees shall not exceed
                    $2,500,000 in the aggregate.

<PAGE>

          3)   Borrower shall provide Bank proof of insurance on all tangible
               corporate assets and a Lender's Loss Payable Clause with Bank as
               loss payee.

          4)   Borrower shall notify Bank in writing of any legal action
               commenced against it which may result in damages over $[***].
               Borrower shall provide Bank with such notice immediately upon
               Borrower's receipt of notice of such legal action.

          5)   Borrower shall pay Bank a $250 documentation fee at the closing
               of transaction.

IX.   OTHER CONDITIONS

      A.  Prior to cash advances over $500,000 against the Line, Bank shall
          conduct an initial collateral audit by Bank's designated agent at
          Borrower's expense, with results satisfactory to Bank. Thereafter,
          Bank shall conduct annual collateral audits by Bank's designated agent
          at Borrower's expense, with results satisfactory to Bank.

      B.  All reasonable expenses of Bank for legal fees, documentation fees,
          UCC searches and filing fees, and all other costs involved with
          documenting and enforcing the loans, including the expenses of Bank's
          outside counsel, shall be borne by the Borrower, whether or not the
          Credit Facilities close.

This letter is provided solely for your information and is delivered to you with
the understanding that neither it nor its substance shall be disclosed to any
third person, except those who are in confidential relationship with you, or
where the same is required by law.

If the terms set forth above are acceptable to you, please so indicate by
signing and returning the original of this letter to us.  The loan fees of
$[***] and the documentation fee of $[***], all referred to above, will be
payable at the signing of definitive loan documents.   Unless a signed copy of
this letter indicating your acceptance has been returned by no later than April
15, 2000, the terms herein will expire and be of no further affect.  Upon return
of this letter and the payment, the Bank will prepare drafts of definitive loan
documents for your review.  If you and the Bank do not enter into definitive
loan documents, the Bank will refund to you the any amount of the loan fees
collected, less any amount for the Bank's expenses for the foregoing.

This letter is intended to set forth the terms of the credit facility currently
under discussion between us.  It is intended that all legal rights and
obligations of the Bank and you would be set forth in the signed definitive loan
documents.

<PAGE>

On behalf of the Senior Management of the Bank, we are delighted to propose
making this credit facility available to Borrower and look forward to a long and
mutually rewarding relationship.  Please don't hesitate to call if you have any
questions or problems.

Sincerely,                             Sincerely,

/s/ Julia Doke                         /s/ James Ellison

Julia Doke                             James Ellison
Assistant Vice President               Senior Vice President & Manager
Imperial Bank                          Imperial Bank
Emerging Growth Industries             Emerging Growth Industries

Accepted and agreed to:

Metawave Communications Corp

By: /s/ John Schaller
   ----------------------------

Title: Controller and Treasurer
      -------------------------

Date: March 23, 2000
     --------------------------<PAGE>

                                                                   EXHIBIT 10.12

     Certain information in this Exhibit has been omitted and filed separately
with the Securities and Exchange Commission pursuant to a confidential treatment
request.

<PAGE>

     Unredacted version filed confidentially with the Securities and Exchange
Commission
<PAGE>

                     METAWAVE COMMUNICATIONS CORPORATION/

                               GTE Wireless Inc.

                              Purchase Agreement

                           Document Number #1003-PA

                      Metawave Communications Corporation
                             10735 Willows Road NE
                          Redmond, WA 98073-9769 USA
                               Tel. 425 702-5600
                               Fax 425 702-5970
                            http://www.metawave.com
<PAGE>

                               TABLE OF CONTENTS

1.  AGREEMENT..............................................................   3

2.  DEFINITIONS............................................................   3

3.  PURCHASE ORDERS / CANCELLATIONS........................................   5

4.  SHIPPING, TITLE, RISK OF LOSS..........................................   6

5.  INVOICES AND PAYMENT...................................................   6

6.  WARRANTY...............................................................   8

7.  OBLIGATIONS OF CUSTOMER................................................   9

8.  INFRINGEMENT INDEMNITY.................................................  10

9.  INDEMNIFICATION........................................................  11

10. TERM AND TERMINATION...................................................  11

11. ASSIGNMENT.............................................................  11

12. NOTICES................................................................  12

13. COMPLIANCE WITH LAWS...................................................  12

14. FORCE MAJEURE..........................................................  12

15. GOVERNING LAW; DISPUTE RESOLUTION......................................  13

16. CONFIDENTIALITY........................................................  13

17. GENERAL PROVISIONS.....................................................  14

       EXHIBIT A: PRODUCTS AND SERVICES PRICING

       EXHIBIT B: PRODUCT SPECIFICATIONS

       EXHIBIT C: PERFORMANCE ACCEPTANCE PROCEDURE

       EXHIBIT D: PRODUCT MAINTENANCE PROGRAM

       EXHIBIT E: SOFTWARE LICENSE

       EXHIBIT F: COMMISSIONING CERTIFICATE

                                       2
<PAGE>

                      METAWAVE COMMUNICATIONS CORPORATION
                               PURCHASE AGREEMENT

          THIS PURCHASE AGREEMENT (this "Agreement") is made as of this eighth
     day of September, 1998 (the "Effective Date") between Metawave
     Communications Corporation, a Delaware corporation ("Seller"), and GTE
     Mobilnet of California Limited Partnership, by GTE Wireless Incorporated,
     its General Partner on its behalf and its Affiliates ("Customer").

          The parties, in consideration of the mutual covenants, agreements and
     promises of the other set forth in this Agreement and intending to be
     legally bound, agree as follows:

1.   AGREEMENT

          Seller agrees to sell to Customer, and Customer agrees to purchase by
     submitting a Customer Purchase Order to Seller, the Products and Services
     identified on Exhibit A to this Agreement in accordance with the
     specifications and the terms and conditions hereof and at the Purchase
     Prices set forth in Exhibit A.  Notwithstanding any other provision of this
     Agreement or any other contract between the parties to the contrary, the
     provisions of this Agreement shall apply to all Purchase Orders for the
     Products and Services during the term of this Agreement unless the parties
     expressly agree by written modification to this Agreement that the
     provisions of this Agreement shall not apply.  Any different or
     inconsistent terms in any acknowledgment, confirmation, invoice, Purchase
     Order or other communication from one party to the other shall be deemed
     objected to without need of further notice of objection and shall be of no
     effect and not in any circumstance binding upon either party unless
     expressly accepted by both parties in writing.

2.   DEFINITIONS

           As used in this Agreement, the following terms shall have the
     meanings set forth below:

           "Affiliate" shall mean any partnership, corporation or other entity
     which is incorporated in the United States and in which GTE Wireless
     Incorporated, directly or indirectly, owns more than fifty percent (50%) of
     the voting shares, or owns a controlling interest.

           "Change Order" shall mean any subsequent change to a Purchase Order
     initiated by either party and mutually agreed to by both parties, including
     but not limited to, changes in Site configuration and Products and Services
     needed at the Site.

           "Commissioning" shall mean the procedures required to place the
     Product into commercial service at a particular Site as described in the
     Product system manual and the

                                       3
<PAGE>

     completion of which for Follow-on Orders is shown by evidence of Customer's
     signature on the Commissioning Certificate attached hereto as Exhibit F.

          "Follow-on Order" shall mean any Purchase Order in excess of the
     Initial Order submitted by Customer.

          "Initial Order" shall mean Customer's initial purchase of one or more
     Products (and any associated Services) for deployment in the Customer's
     California market and ordered as a part of this Purchase Agreement and as
     described in Exhibit A.

          "Performance Acceptance" shall mean, for the Initial Order,
     Customer's written notification to Seller of the Certificate of Performance
     Acceptance specified in Exhibit C, that the Products satisfy the
     Performance Criteria set forth in Exhibit C.

          "Performance Acceptance Procedure" shall mean, for the Initial Order,
     the testing procedures and protocols used to determine Product performance
     levels as described in Exhibit C.

          "Performance Criteria" shall mean the performance measures set forth
     in Exhibit C, Section 3.7.3. to be used for the evaluation of the Products
     in the Initial Order during the Performance Evaluation Period.

          "Performance Evaluation Period" shall mean the period of time set
     forth in Exhibit C 3.7.2.1. during which the Products will be evaluated in
     accordance with the Performance Criteria.

          "Products" shall mean the SpotLight(TM) 2000 spectrum management
     systems, consisting of hardware and Software, listed in Exhibit A hereto or
     any additional products set forth in any amendments thereto as may be
     subsequently agreed to from time to time by Seller and Customer.

          "Purchase Order" shall mean any purchase order Customer may deliver to
     Seller for the purchase of the Products and/or Services which incorporates
     the terms and conditions of this Agreement and which has been accepted by
     Seller.

          "Purchase Price" shall mean the price of the Products and the price of
     the Services shown in Exhibit A or any other amount set forth in any
     amendments to Exhibit A as may be subsequently agreed to from time to time
     by Seller and Customer.

          "Services" shall mean the engineering services set forth in Exhibit A
     or any additional services set forth in any amendments to Exhibit A as may
     be subsequently agreed to from time to time by Seller and Customer.

          "Site" shall mean each of the Customer cell site locations at which a
     Product is installed.

[***] CERTAIN INFORMATION ON THIS PAGE(S) HAS BEEN OMITTED AND FILED SEPARATELY
      WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
      RESPECT TO THE OMITTED PORTIONS.

                                       4
<PAGE>

          "Site Survey" shall mean the survey of a Site performed by Seller to
     determine the Product configuration and scope of services required for the
     proper installation and Commissioning of the Product.

          "Software" shall mean the (i) object-code computer programs embedded
     in the Product which control and monitor the operation of the Product
     ("Embedded System Software"), and (ii) the Lamplighter/TM/ PC-based
     graphical user interface computer program for the Product, and all
     Features, Major Releases, Point Releases, and Software Patches (as such
     terms are defined in Exhibit D), other updates and modifications to such
     Software (the "Software Updates") and any documentation in support thereof.

          "Software License" shall mean the software license set forth in
     Exhibit E.

          "Specifications" shall mean the specifications for the Products set
     forth in Exhibit B and incorporated herein.

3.   PURCHASE ORDERS/CANCELLATIONS

     a.  When Customer wishes to purchase Products and Services pursuant to this
         Agreement, Customer shall notify the Designated Representative of
         Seller specified in Section 12 hereof. Seller's Designated
         Representative (or his agents) shall, with a representative of
         Customer, conduct a Site Survey for each Site to determine the
         configuration, Products, scope of Services and any other ancillary
         equipment required for each Site. The Designated Representative shall
         then develop an equipment list and price sheet for the Products and
         Services required for each Site using the prices set forth in Exhibit A
         (the "Quotation").

     b.  Following receipt of the Quotation, Customer shall order Products and
         Services by submitting a Purchase Order to which the Quotation shall be
         attached and made a part thereof. The Purchase Order shall also include
         the desired delivery date and whether partial deliveries are
         acceptable. Purchase Orders should be submitted by Customer to Seller
         at least 90 days prior to date of delivery for such Products and
         Services. Upon receipt of the Purchase Order, Seller shall have five
         (5) business days to accept or reject the Purchase Order in writing.

     c.  In the event that the Customer submits a Purchase Order without a
         Quotation, such Purchase Order shall be subject to completion of a Site
         Survey by Seller. If following the completion of the Site Survey,
         Seller determines that Product configurations and or the Services set
         forth in the Purchase Order must be changed, Seller shall, within ten
         (10) days of completion of the Site Survey, notify Customer with a
         written proposal for changes to the Purchase Order. Upon receipt,
         Customer shall have five (5) business days to accept or reject the
         written proposal for changes. If accepted, Customer shall execute a
         written Change Order to reflect the required changes identified by the
         Site Survey. If Customer rejects the Change Order Customer may cancel
         the Purchase Order subject to Section 3(d) below.

                                       5
<PAGE>

     d.  Customer may cancel or delay delivery of a Product contained in any
         Purchase or Change Order prior to Seller's shipment of the Product
         subject to the terms herein. Any such cancellation or delay must be
         made by written notification. If Customer directs such cancellation or
         delay with less than 30 days written notice from the delivery date
         specified in Purchase Order or Change Order, Customer shall pay to
         Seller any reasonable costs associated with such cancellation or delay
         provided, however, that any such costs shall not exceed in the
         aggregate ten percent (10%) of the Purchase Price of each canceled or
         delayed Product. Customer shall not be obligated to pay any such costs
         if Customer timely exercises its cancellation rights under section 3(c)
         hereof.

     e.  Within thirty days following execution of this Agreement, Customer
         shall give Seller a non binding forecast of Customer's estimated
         requirements for the Products and Services for the forthcoming twelve
         (12) months such forecast shall be updated by Customer on a monthly
         basis.

4.   SHIPPING, TITLE, RISK OF LOSS

     a.  Unless otherwise instructed by Customer, and subject to Section 3,
         Seller shall ship all Products to the destination designated in a
         Purchase Order on or before the delivery date(s) specified in a
         Purchase Order and render invoices in accordance with Section 5 below.
         Customer is responsible for the payment of all reasonable shipping
         charges, except as noted in Section 4(b) below.

     b.  Products shall be packed by Seller, at no additional charge to
         Customer, in containers adequate to prevent damage during reasonable
         shipping, handling and storage. Customer shall be responsible for
         payment of any warehousing or storage charges for the Products
         following delivery of the Products to Customer.

     c.  For the Initial Order, title to and risk of loss or damage to Products
         sold by Seller to Customer hereunder shall pass to Customer upon
         Performance Acceptance. For all Follow-on Orders title to and risk of
         loss or damage to Products sold by Seller to Customer hereunder shall
         pass to Customer upon shipment of Products to Customer. Title to
         Software shall remain with Seller in all cases pursuant to the terms of
         the Software License attached as Exhibit E hereto.

5.   INVOICES AND PAYMENT

     a.  For the Products in the Initial Order only, the payment schedule shall
         be as follows:

         1.  Seller shall render an invoice for one hundred percent (100%) of
             the Purchase Price of the Products and one hundred percent (100%)
             of the Purchase Price of the Services associated with such Products
             upon Performance Acceptance.

                                     6
<PAGE>

         2.  In the event that Performance Acceptance for the Products in the
             Initial Order does not occur and Seller has indicated in writing
             that it will no longer pursue Performance Acceptance, Customer
             shall have the option of either (i) completing the purchase of the
             Products in which case Seller shall render an invoice for the
             balance due or (ii) returning the Products to the Seller. If
             Customer chooses to return the Products to Seller, Seller shall de-
             install such Products at Seller's expense and repair any damage to
             or reverse any modifications to the Customer's equipment at the
             Site caused by Seller during installation of the Products and
             during the Performance Evaluation Period. Seller shall arrange for
             and pay the costs of shipping and assumes the risk of loss and
             damage to Products during shipment of the Products back to its
             headquarters in Redmond, Washington.

     b.  For Follow-on Orders for Products, to be installed by Seller, Seller
         shall render invoices as follows: (i) [**] of the Purchase Price of
         each Product upon shipment of a Product to Customer, and (ii) [**] of
         the Purchase Price of each Product and one hundred percent (100%) of
         any associated Services promptly following the Commissioning of a
         Product. For Follow-on Orders, to be installed by Customer, Seller
         shall invoice Customer for one hundred percent (100%) of the Purchase
         Price of each Product upon shipment of Product to Customer.

     c.  For Follow-on-Orders for Services only, Seller shall render invoices
         for 100% of the Purchase Price upon the completion of the Services, or
         on alternative milestones based upon mutual agreement of the parties.

     d.  All invoices shall be computed on the basis of the prices set forth
         in Exhibit A (including any applicable discounts) and shall identify
         and show separately quantities of Products, type of Services, total
         amounts for each item, shipping charges, insurance charges, applicable
         sales or use taxes and total amount due. Customer shall promptly pay
         Seller the amount due within thirty (30) days of the date of receipt of
         the invoice, except for the Initial Order only which shall be due
         ninety (90) days of the date of receipt of the invoice. Customer shall
         pay a late fee at the rate of one and one-half percent (1.5%) of the
         amount due for each month or portion thereof that the amount remains
         unpaid.

     e.  Excluding income, business and licensing taxes, Customer shall be
         responsible for the payment of all sales, use and any other taxes
         applicable specifically to the sale of the Products and Services
         provided by the Seller pursuant to this Agreement. When Seller is
         required by law to collect such taxes, 100% thereof will be added to
         invoices as separately stated charges and paid by Customer in
         accordance with this section.

     f.  If Customer disputes any invoices rendered or amount paid, Customer
         will so notify Seller, and the parties will use their reasonable
         efforts to resolve such

[***] CERTAIN INFORMATION ON THIS PAGE(S) HAS BEEN OMITTED AND FILED SEPARATELY
      WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
      RESPECT TO THE OMITTED PORTIONS.

                                       7
<PAGE>

         dispute expeditiously. Provided that Customer so notifies Seller of a
         disputed invoice and there is a good faith basis for such dispute, the
         time for paying the portion of the invoice in dispute shall be extended
         by a period of time equal to the time between Seller's receipt of such
         notice from Customer and the resolution of such dispute.

6.   WARRANTY

     a.  Seller warrants, for the Initial Order, for a period of [***] from the
         date of Performance Acceptance and for all Follow-on Orders, for a
         period of [***] from the shipment of a Product to Customer (the
         "Warranty Period") that (i) all Products furnished hereunder will be
         free from defects in materials, workmanship and title, (ii) all
         Products will conform in all material respects to the documentation and
         specifications provided by the Seller herein, (iii) the media on which
         the Software is contained will be free from defects in material and
         workmanship under normal use, and (iv) the Software will conform in all
         material respects to the documentation provided by Seller. The
         warranties in this Agreement are given in lieu of all other warranties
         express or implied which are specifically excluded, including, without
         limitation, implied warranties of merchantability and fitness for a
         particular purpose.

     b.  Seller represents that, in connection with Calendar-Related data and
         Calendar-Related processing of Date Data or of any System Date, the
         Product will not malfunction, will not cease to function, will not
         generate incorrect data, and will not produce incorrect results. Seller
         further represents that, in connection with providing Calendar-Related
         data to and accepting Calendar-Related data from other automated,
         computerized, and/or software systems and users via user interfaces,
         electronic interfaces, and data storage, the Product represents dates
         without ambiguity as to century. Seller further represents that Seller
         has verified through testing that the Products are century compliant
         and that testing included, without limitation, each of the following
         specific dates and the transition to and from each date: December 31,
         1998; January 1, 1999; September 9, 1999; September 10, 1999; December
         31, 1999; January 1, 2000; February 28, 2000; February 29, 2000; March
         1, 2000; December 31, 2000; January 1, 2001; December 31, 2004; and
         January 1, 2005. These representations survive the expiration or
         earlier termination of this Agreement. For purposes of this section,
         "Calendar-Related" refers to date values based on the Gregorian
         calendar, as defined in Encyclopedia Britannica, 15th edition, 1982,
         page 602, and to all uses in any manner of those date values, including
         without limitation manipulations, calculations, conversions,
         comparisons, and presentations; "Date Data" means any Calendar-Related
         data value in the inclusive range January 1, 1900 through December 31,
         2094, which the Product uses in any manner; and "System Date" means any
         Calendar-Related data value in the inclusive range January 1, 1985
         through December 31, 2094 (including the natural transition between
         such values), which the Product shall be able to use as its current
         date while operating.

[***] CERTAIN INFORMATION ON THIS PAGE(S) HAS BEEN OMITTED AND FILED SEPARATELY
      WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
      RESPECT TO THE OMITTED PORTIONS.

                                       8
<PAGE>

     c.  Customer and Seller shall handle all warranty claims in accordance with
         the procedures set forth in Exhibit D hereto (Product Maintenance). The
         actions taken by Seller under the Product Maintenance Program
         procedures set forth in Exhibit D shall be the full extent of Seller's
         liability and Customer's exclusive remedy with respect to a claim under
         this Section 6.

     d.  This warranty does not apply to any claim which arises out of any of
         the following: (i) the Product is used in other than its normal and
         customary manner; (ii) the Product has been subject to misuse,
         accident, neglect or damage by Customer; (iii) the Product has been
         installed, Commissioned, optimized or moved from its original
         installation site by any person other than Seller or a person who has
         been certified by Seller through completion of a Seller-sponsored
         training course to provide such services; (iv) unauthorized alterations
         or repairs have been made to the Product, or parts have been used in
         the Product which are not approved by Seller; (v) the Product is not
         maintained pursuant to Seller maintenance programs or under the
         supervision of a person who has been certified by Seller to provide
         such maintenance service through completion of a Seller-sponsored
         training course; (vi) an event of Force Majeure has occurred; (vii) the
         failure of third party antennas, antenna lines or interconnection
         facilities not provided by Seller at the Site.

7.   OBLIGATIONS OF CUSTOMER

     In addition to performing the other obligations set forth in this
     Agreement, Customer shall:

     a.  Procure from appropriate regulatory authorities all zoning approvals,
         necessary permits and station licenses as may be required to install
         and operate Customer's wireless system incorporating the Products prior
         to the date agreed by the parties for the commencement of installation
         of those Products;

     b.  Prepare the Site for the installation of the Product and performance of
         the Services as specified in the Scope of Work to be mutually agreed by
         both parties for each Site prior to the date agreed by the parties for
         the commencement of installation of those Products;

     c.  Agree with Seller on a date for the commencement of Services and in the
         event that the commencement of Services is delayed due to the failure
         of Customer to comply with the foregoing obligations, Seller shall be
         entitled to recover reasonable costs and expenses associated with
         mobilizing and compensating Seller personnel during the delay.

     d.  Provide safe and secure access to the Sites for Sellers employees
         during the performance of Services.

                                       9
<PAGE>

8.   INFRINGEMENT INDEMNITY

     a. Seller shall indemnify and hold harmless Customer against any and all
        liabilities, losses, costs, damages and expenses, including reasonable
        attorney's fees, associated with any claim or action for actual or
        alleged infringement by any Product or Software supplied in accordance
        with this Agreement of any United States patent, trademark, copyright,
        trade secret or other intellectual property right incurred by Customer
        as a result of Customer's use of such Products or Software in accordance
        with this Agreement provided that (i) Customer promptly notifies Seller
        in writing of the claim, (ii) Customer gives Seller full opportunity and
        authority to assume sole control of the defense and all related
        settlement negotiations, and (iii) Customer gives Seller information and
        assistance for the defense (Customer will be reimbursed for reasonable
        costs and expenses incurred in rendering such assistance, against
        receipt of invoices therefor). Subject to the conditions and limitations
        of liability stated in this Agreement, Seller shall indemnify and hold
        harmless Customer from all payments, which by final judgments in such
        claims, may be assessed against Customer on account of such alleged
        infringement and shall pay resulting settlements, costs and damages
        finally awarded against Customer by a court of law, arbitration or other
        adjudication of the claim.

     b. Customer agrees that if the Products or Software become, or in Seller's
        opinion are likely to become, the subject of such a claim, Customer will
        permit Seller, at Seller's option and expense, either to procure the
        right for Customer to continue using such Products or Software or to
        replace or modify same so that they become non-infringing as long as
        they continue to conform in all material respects to the specifications
        contained in this Agreement and Exhibits, and, if neither of the
        foregoing alternatives is available on terms which are acceptable to
        Seller, Customer shall at the written request of Seller, return the
        infringing or potentially infringing Products or Software and all the
        rights thereto at Seller's expense. Customer shall receive a refund of
        the prorated undepreciated portion of the Purchase Price actually paid
        by Customer to Seller for the returned portion of the Products. The
        Purchase Price shall be straight-line depreciated over a five (5) year
        period.

     c. Seller shall have no obligation to Customer with respect to any claim of
        patent or copyright infringement which is based upon (i) adherence to
        specifications, designs or instructions furnished by Customer, (ii) the
        combination, operation or use of any Products supplied hereunder with
        products, software or data with which the Products are not intended to
        be used or for which the Products are not designed, (iii) the alteration
        of the Products or modification of any Software made by any party other
        than Seller; or (iv) the Customer's use of a superseded or altered
        release of some or all of the Software if infringement would have been
        avoided by the use of a subsequent unaltered release of the Software
        that is provided to the Customer.

                                      10
<PAGE>

9.   INDEMNIFICATION

          Seller shall indemnify Customer, its employees and directors, and each
     of them, against any loss, damage, claim, or liability, arising out of, as
     a result of, or in connection with the use of the Product in accordance
     with this Agreement or the acts or omissions, negligent or otherwise, of
     Seller in the performance of this Agreement, or a contractor or an agent of
     Seller or an employee of anyone of them, except where such loss, damage,
     claim, or liability arises from the sole negligence or willful misconduct
     of Customer, agents or its employees. Seller shall, at its own expense,
     defend any suit asserting a claim for any loss, damage or liability
     specified above, and Seller shall pay any costs, expenses and attorneys'
     fees that may be incurred by Customer in connection with any such claim or
     suit or in enforcing the indemnity granted above, provided that Seller (i)
     is given prompt notice of any such claim or suit and (ii) full opportunity
     to assume control of the defense or settlement. Customer shall, at its
     discretion, have the right to reasonably participate in the defense and
     settlement of any claim asserted against Customer, including, but not
     limited to, choice of counsel and any settlement, but Seller shall have
     final authority to choose counsel and determine whether or not to settle a
     claim. Neither Seller nor Customer shall not be liable to the other for
     indirect or consequential damages, including but not limited to lost
     profits or revenue.

10.  TERM AND TERMINATION

          The term of this Agreement shall be three (3) years from the Effective
     Date. If either party is in material default of any of its obligations
     under this Agreement and such default continues for thirty (30) days after
     written notice thereof by the party not in default, the nondefaulting party
     may cancel this Agreement. In addition, a party may cancel this Agreement
     if a petition in bankruptcy or under any insolvency law is filed by or
     against the other party and is not dismissed within sixty (60) days of the
     commencement thereof.

11.  ASSIGNMENT

     a. Any assignment by either party to this Agreement or any other interest
        hereunder without the other party's prior written consent, shall be
        void, except assignment to a person or entity who acquires all or
        substantially all of the assets, business or stock of Seller, whether by
        sale, merger or otherwise.

     b. Customer shall not (i) assign, sublicense or otherwise transfer the
        Software License set forth in Exhibit E, to any third party other than
        an Affiliate without the prior consent of the Seller, (ii) purchase a
        Product solely for the purpose of reselling or distributing it to
        another party, (iii) transport, relocate, or otherwise transfer the
        Products or the Software outside the United States, or (iv) permit its
        directors, officers, employees, agents or any other third person to
        modify, copy, decompile, disassemble or reverse engineer the Products or
        the Software.

     c. Subject to the provisions of paragraphs a, and b above, this Agreement
        shall inure to the benefit of and be binding upon the respective
        successors and assigns, if any, of the parties hereto.

                                      11
<PAGE>

12.  NOTICES

          Except as otherwise specified in this Agreement, all notices or other
     communications hereunder shall be deemed to have been duly given when made
     in writing and delivered in person or deposited in the United States mail,
     postage prepaid, certified mail, return receipt requested, or by a
     reputable overnight courier service providing proof of delivery, or by
     confirmed facsimile transmission and addressed as follows:

     To Seller:                                To Customer:

     Metawave Communications                   GTE Mobilnet of California
     Corporation                               12677 Alcosta Blvd
     10735 Willows Road NE                     Dept. 500, PO Box 5011
     Redmond, WA 98073                         San Ramon, CA 94583-0811

     Attn.: Richard Henderson                  Attn.: Hal Horton, Manager
     VP, Sales                                 Area Programs
     Copy to: Kathy Surace-Smith               Copy to: Randy Golden
     General Counsel                           Regional Counsel
     Fax: 425 702 5976                         Fax: 925 904 3624

          Seller's Designated Representative for Section 3 shall be Mike
     Kavanagh or Mike Lewandowski.

          The address to which notices or communications may be given to either
     party or the names of the Designated Representatives may be changed by
     written notice given by such party to the other pursuant to this Section
     12.

13.  COMPLIANCE WITH LAWS

          Seller shall comply with all applicable federal, state and local laws,
     regulations and codes, including the procurement of permits and licenses
     when needed, in the performance of this Agreement.

14.  FORCE MAJEURE

          Except for payment of moneys due, neither party shall be liable for
     delays in delivery or performance or for failure to manufacture, deliver or
     perform resulting from acts beyond the reasonable control of the party
     responsible for performance. Such acts shall include, but not be limited to
     (a) acts of God, acts of a public enemy, acts or failures to act by the
     other party, acts of civil or military authority, governmental priorities,
     strikes or other labor disturbances, hurricanes, earthquakes, fires,
     floods, epidemics, embargoes, war, riots, and loss or damage to goods in
     transit; or (b) inability to obtain necessary products, components,
     services or facilities on account of causes beyond the reasonable control
     of the delayed party or its suppliers. In the event of any such delay, the
     date(s) of delivery or performance shall be extended for as many days are
     reasonably required due to the delay. If

                                      12
<PAGE>

     such delay continues for 45 days, either party may terminate the Purchase
     Order affected by the event by providing written notice.

15.  GOVERNING LAW; DISPUTE RESOLUTION

     a. This Agreement and each Purchase Order shall be construed in accordance
        with the internal laws of the State of California, without regard to its
        choice of law provisions.

     b. Any and all disputes arising between the parties shall be resolved in
        the following order: (i) by good faith negotiation between
        representatives of Customer and Seller who have authority to fully and
        finally resolve the dispute to commence within ten (10) days of the
        request of either party; (ii) in the event that the parties have not
        succeeded in negotiating a resolution of the dispute within ten (10)
        days after the first meeting, then the dispute will be resolved by
        nonbinding mediation to be held in a mutually agreed location in the
        United States, using a mutually agreed upon non-affiliated neutral party
        having experience with or knowledge in the wireless communications
        equipment industry to be chosen within twenty (20) days after written
        notice by either party demanding mediation (the costs therefor to be
        shared equally); and (iii) if within sixty (60) days of the initial
        demand for mediation by the parties, the dispute cannot be resolved by
        mediation, then a party may institute litigation in a court having
        subject matter jurisdiction, and the parties expressly consent and
        submit themselves to the personal jurisdiction of such court. If
        compliance with this section would result in expiration of any statute
        of limitations for the filing of a court action, the statute of
        limitations shall be tolled for the period of time required to comply
        with this section.

16.  CONFIDENTIALITY

     a. During the term of this Agreement and thereafter it may be necessary for
        Seller and Customer to mutually exchange certain information, data and
        proprietary material relating to marketing, sales, technical, financial
        and other matters involving the Products, this Agreement or the
        relationship between the Seller and Customer. In order to be treated as
        confidential hereunder ("Confidential Information"), information
        disclosed in writing shall be marked as confidential or proprietary, and
        the disclosing party shall indicate the confidential nature of oral
        information at the time of disclosure and provide written confirmation
        thereof within fifteen (15) days following such disclosure. All
        Confidential Information shall:

        1. Be received and retained in the strictest confidence by the parties
           and will be deemed to be proprietary information of the disclosing
           party and the recipient(s) agree(s) that it will not disclose it to
           third parties and further will treat such information, data or
           material as proprietary using the same degree of care that it (or
           they) would normally use in protecting its (or their) own proprietary
           information; and

                                      13
<PAGE>

        2. Be used by the parties hereto solely for the purpose of implementing
           this Agreement.

     b. This provision shall not apply to any Confidential Information which:
        (i) is known by the receiving party prior to the date of disclosure by
        the disclosing party, and is not subject to or in violation of an
        obligation of confidentiality; (ii) is or become public knowledge other
        than by default of the receiving party; (iii) is obtained by the
        receiving party from a bona-fide third party having free right of
        disposal of such information; (iv) is wholly and independently developed
        by receiving party without reference to the Confidential Information; or
        (v) the receiving party is required to disclose pursuant to any law,
        regulation or a valid order of a court or other governmental body or any
        political subdivision thereof, provided, however, that the recipient of
        the information shall first have given notice to the disclosing party
        and made a reasonable effort to obtain a protective order requiring that
        the information and/or documents so disclosed be used only for the
        purposes for which the order was issued.

     c. Subject to the foregoing, this Agreement shall also be treated
        confidentially by all parties hereto.

     d. This section shall survive any termination of the Agreement for a period
        of three (3) years.

17.  GENERAL PROVISIONS

     a. Seller and Customer may issue a joint press release concerning the
        execution of this Agreement. Such press release shall be subject to
        prior review and written approval by both parties, not to be
        unreasonably withheld.

     b. Any waiver by any party of any breach or failure to comply with any
        provision of this Agreement by the other party must be in writing and
        shall not be construed as, or constitute, a continuing waiver or such
        provision, or a waiver of any other provision of this Agreement.

     c. If any of the provisions of this Agreement shall be invalid or
        unenforceable, such invalidity or unenforceability shall not invalidate
        or render unenforceable the entire Agreement, but rather the entire
        Agreement shall be construed as if not containing the particular invalid
        or unenforceable provisions, and the rights and obligations of Seller
        and Customer shall be construed and enforced accordingly.

     d. This Agreement, including all Exhibits which are attached to and hereby
        incorporated into this Agreement, shall constitute the entire agreement
        between Customer and Seller with respect to the subject matter hereof
        and supersedes all prior agreements, covenants, arrangements,
        communications, representations or warranties, whether oral or written,
        by any party or any officer, employee or representative of any party
        with respect to the subject matter hereof.

                                      14
<PAGE>

     e. Any amendment or modification of this Agreement or any Exhibit must be
        in writing and signed by a duly authorized representative of each of the
        parties.

     f. This Agreement applies only to sales of Products and Services in the
        United States.

     g. Each party shall comply with all applicable U.S. and foreign export
        control laws and regulations and shall not export or re-export any
        technical data or products except in compliance with the applicable
        export control laws and regulations of the U.S. and any foreign country.

     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed by their respective duly authorized representatives.

Metawave Communications Corporation       GTE Mobilnet of California Limited
                                          Partnership by GTE Wireless, Inc., its
                                          General Partner

By:/s/ Richard Henderson                  By: /s/ Annette M. Jacobs

Name: Richard Henderson                   Name:  Annette M. Jacobs

Title: Vice President Sales               Title:  Area President, California
       and Marketing

                                      15
<PAGE>

                           SOFTWARE LICENSE AGREEMENT

                                   EXHIBIT E

                           TO THE PURCHASE AGREEMENT

                                    BETWEEN

                 METAWAVE COMMUNICATIONS CORPORATION ("SELLER")

                                      AND

                                GTE ("CUSTOMER")

1.   DEFINITIONS

     "Agreement" shall mean the Purchase Agreement between Seller and Customer
     executed concurrently herewith, and the Exhibits attached thereto,
     including this Exhibit E (Software License).

     "Software" shall mean the (i) object-code computer programs embedded in the
     SpotLight System which control the operation of the SpotLight System
     ("Embedded System Software"), and (ii) the LampLighter PC-based graphical
     user interface computer program used to monitor the operation of a
     SpotLight System and all Features, Major Releases, Point Releases, Software
     Patches (as such terms are defined in Exhibit D Product Maintenance
     Program), updates and modifications ("Software Updates") and any
     documentation in support thereof.

     "SpotLight System" shall mean a single SpotLight(TM) 2000 spectrum
     management system as described in Exhibit B.

     Any terms not defined herein shall have the same meanings as in the
     Agreement and the Exhibits thereto.

2.   SCOPE

     Pursuant to the Agreement, Software will be delivered by Seller to Customer
     for use with a SpotLight System according to the terms of the Agreement and
     this Exhibit. Customer shall then become a licensee with respect to such
     Software.

3.   LICENSING GRANT

     3.1  Concurrent with execution of the Agreement, and subject to the terms
          and conditions set forth herein, Seller grants to Customer a
          revocable, non-exclusive and non-transferable license under Seller's
          applicable proprietary rights to use Software delivered to Customer
          hereunder to routinely operate and monitor the SpotLight System with
          which the Software was delivered.

     3.2  The Software licensing fees for the most current versions of the
          Embedded System Software and LampLighter Software (available at the
          time of purchase of a

                                    1 of 4
<PAGE>

          SpotLight System) are included in the Purchase Price of a SpotLight
          System. Software Updates are available under the Software Maintenance
          Program described in Exhibit D or for additional licensing fees.

4.   LIMITATIONS ON USE OF SOFTWARE

     4.1  Without the prior written consent of Seller, Customer shall only use
          the Software in conjunction with a single SpotLight System delivered
          to Customer under the terms of the Agreement.

     4.2  The license granted to Customer in Section 3 is personal and may only
          be transferred to another SpotLight or site or another entity in
          accordance with Section 11(b) of the Agreement.

     4.3  The Software is subject to laws protecting patents, trade secrets,
          know-how, confidentiality and copyright.

     4.4  Customer shall not translate, modify, adapt, decompile, disassemble,
          or reverse engineer the Software or any portion thereof.

     4.5  Unless otherwise expressly agreed by Seller, Customer shall not permit
          its directors, officers, employees or any other person under its
          direct or indirect control, to write, develop, produce, sell, or
          license any software that performs the same functions as the Software
          by means directly attributable to access to the Software (e.g. reverse
          engineering or copying).

     4.6  Customer shall not export the Software from the United States without
          the written permission of Seller. If written permission is granted for
          export of the Software, then Customer shall comply with all U.S. laws
          and regulations for such exports and shall hold Seller harmless,
          including legal fees and expenses for any violation or attempted
          violation of the U.S. export laws.

     4.7  Customer acknowledges that Seller owns the Software and that any
          rights therein not specifically granted in this License are the
          exclusive property of Seller.

5.   RIGHT TO COPY, PROTECTION AND SECURITY

     5.1  Software provided hereunder may be copied (for back-up purposes only)
          in whole or in part, in printed or machine-readable form for
          Customer's internal use only, provided, however, that no more than
          three (3) printed copies and three (3) machine-readable copies shall
          be in existence at any one time without the prior written consent of
          Seller, other than copies electronically resident in SpotLight
          Systems.

     5.2  With reference to any copyright notice of Seller associated with
          Software, Customer agrees to include the same on all copies it makes
          in whole or in part. Seller's copyright notice may appear in any of
          several forms, including machine-readable form. Use of a copyright
          notice on the Software does not imply that such has been published or
          otherwise made generally available to the public.

     5.3  Customer agrees to keep confidential, in accordance with the terms of
          the Agreement or a non disclosure agreement signed by the parties, and
          not provide or otherwise make available in any form any Software or
          its contents, or any portion

                                    2 of 4
<PAGE>

          thereof, or any documentation pertaining to the Software, to any
          person other than employees of Customer or Seller.

     5.4  Software is the sole and exclusive property of Seller and no title or
          ownership rights to the Software or any of its parts, including
          documentation, is transferred to Customer.

     5.5  Customer acknowledges that it is the responsibility of Customer to
          take all reasonable measures to safeguard Software and to prevent its
          unauthorized use or duplication.

6.   REMEDIES

     Customer acknowledges that violation of the terms of this Exhibit or the
     Agreement shall cause Seller irreparable harm for which monetary damages
     may be inadequate, and Customer agrees that Seller may, in addition to any
     other legal or equitable remedy, seek temporary or permanent injunctive
     relief without the need to prove actual harm in order to protect Seller's
     interests.

7.   TERM

     Unless otherwise terminated, pursuant to Section 8 hereof, the term of the
     license granted pursuant to Section 3 herein shall be perpetual.

8.   TERMINATION

     8.1  The license granted hereunder may be terminated by Customer upon one
          (1) month's prior written notice.

     8.2  Seller may terminate the license granted hereunder if Customer is in
          material default of any of the terms and conditions of this Exhibit E
          and such termination shall be effective if Customer fails to correct
          such default within thirty (30) days after written notice thereof by
          Seller, provided, however, that if such default cannot reasonably be
          cured within thirty (30) days after written notice by Seller, and
          Customer diligently commences to correct such default within such
          thirty (30) days of written notice, the termination by Seller shall
          become effective if Customer fails to correct such default within
          ninety (90) days of such written notice. The provisions of Sections 4
          and 5 herein shall survive termination of any such license.

     8.3  In the event that Customer is required to return the Software,
          pursuant to Section 8(b) of the Purchase Agreement, or in the event
          that Customer returns a SpotLight System pursuant to Section 5(a)(2)
          of the Purchase Agreement, this license shall terminate immediately
          upon such return of the Software or Product to Seller.

     8.4  Within one (1) month after termination of the license granted
          hereunder, Customer shall furnish to Seller a document certifying that
          through its best efforts and to the best of its knowledge, the
          original and all copies in whole or in part of all Software, in any
          form, including any copy in an updated work, have been returned to
          Seller or destroyed. With prior written consent from Seller, Customer
          may retain one (1) copy for archival purposes only.

                                    3 of 4
<PAGE>

9.   RIGHTS OF THE PARTIES

     9.1  Nothing contained herein shall be deemed to grant, either directly or
          by implication, estoppel, or otherwise, any license under any patents,
          patent applications or copyrights of Seller except as expressly
          granted herein.

     9.2  Rights in programs or operating systems of third parties, if any, are
          further limited by their license agreements with such third parties,
          which agreements are hereby incorporated by reference thereto and made
          a part hereof as if fully set forth herein.  Customer agrees to abide
          thereby.

     9.3  During the term of the license granted pursuant to Section 3 herein
          and for a period of one (1) year after expiration or termination,
          Seller, and where applicable, its licensor(s), or their
          representatives may, upon reasonable prior notice to Customer, a)
          inspect the files, computer processors, equipment, facilities and
          premises of Customer during normal working hours to verify Customer's
          compliance with this Agreement, and b) while conducting such
          inspection, copy and/or retain all Software, including the medium on
          which it is stored and all documentation that Customer may possess in
          violation of the license or the Agreement.

     9.4  Customer acknowledges that the provisions of this Exhibit E are
          intended to inure to the benefit of Seller and its licensors and their
          respective successors in interest. Customer acknowledges that Seller
          or its licensors have the right to enforce these provisions against
          Customer, whether in Seller's or its licensor's name.

10.  LIMITATIONS ON SOFTWARE

     Customer understands that errors occur in Software and Seller makes no
     warranty that the Software will perform without error. Customer agrees that
     it is Customer's responsibility to select and test the Software to
     determine that is meets Customer's needs. Customer accepts the Software "as
     is" subject to the warranty set forth in Section 6 of the Purchase
     Agreement.

11.  SOFTWARE OBJECT CODE AND DOCUMENTATION

     In the event Seller becomes insolvent, ceases to carry on business on a
     regular basis or fails to perform its maintenance obligations herein and
     Customer purchases Seller's annual Hardware and Software Product
     Maintenance Program, then Seller shall immediately furnish to Customer the
     latest version of Product object code and documentation, training materials
     and any necessary information to enable Customer to maintain such Products
     or contract with others for such work.

12.  ENTIRE UNDERSTANDING

     12.1  This Exhibit E is a part of, and is to be read together with, the
           Agreement which contains additional terms and conditions, warranties
           and indemnities applicable to the Software.

     12.2  Notwithstanding anything to the contrary in other agreements,
           purchase orders or order acknowledgments, the Agreement, the Software
           specifications set forth in Exhibit B and this Exhibit E set forth
           the entire understanding and obligations regarding use of Software,
           implied or expressed.

                                    4 of 4
<PAGE>

                                   Exhibit F

                           Commissioning Certificate

                      Metawave Communications Corporation
                             10735 Willows Road NE
                             Redmond, WA 98073 USA
                               Tel. 425 702-5600
                               Fax 425 702-5970
                            http://www.metawave.com

--------------------------------------------------------------------------------

This document and the information in it is the proprietary and confidential
information of Metawave Communications Corporation and is provided by Metawave
under an agreement of nondisclosure to the Customer for internal evaluation
purposes only and is protected by applicable copyright and trade secret law.
This document may only be disclosed or disseminated to those employees of the
Customer who have a need to use it for evaluation purposes; no other use or
disclosure can be made by Customer without Metawave's consent.

                 (c)1998, Metawave Communications Corporation
                           CONFIDENTIAL PROPRIETARY

--------------------------------------------------------------------------------
<PAGE>

                                SpotLight 2000
                           Commissioning Certificate

IN WITNESS WHEREOF, Metawave Communications Corporation and Customer certify
that the following tests have been performed with the indicated results.

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Tests Performed                      Passed        Failed       See Comments
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IN WITNESS WHEREOF, Metawave Communications Corporation and Customer certify
that the products and services have been accepted at the following cell site on
the following date in accordance with the terms and conditions set forth in the
Products and Services Purchase Agreement ("Agreement") dated ________________
between Metawave and Customer, and that the services have been performed and
products perform as specified in the Agreement.
Cell Site Name & Number ______________________ Date:_________________________

Metawave Communications Corporation     Customer:

By: _______________________________     By: _________________________________
              (Signature)                              (Signature)

Name: _____________________________     Name: _______________________________
             (Please Print)                           (Please Print)

Title: ____________________________     Title: ______________________________
             (Please Print)                           (Please Print)

Date: _____________________________     Date: _______________________________
             (Please Print)                           (Please Print)

                                   Comments

_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________

_____________________________________________________________________________
Metawave/GTE               Confidential & Proprietary             Page 2 of 2
Exhibit F to                Document Number 1003-PA                    9.8.98
Purchase Agreement

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