Document:

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                                                                   Exhibit 10.17

                          SECOND AMENDED AND RESTATED
                            STOCKHOLDERS' AGREEMENT

     This Second Amended and Restated Stockholders' Agreement (this "Agreement")
is entered into as of February 25, 2000, by and among the parties listed on the
signature page hereto (together with persons who become parties pursuant to
Sections 4 or 10(a), the "Stockholders") and DoveBid, Inc., a Delaware
corporation ("Company").

                                  BACKGROUND

     A.  Company has issued shares of Common Stock and Series A and B Preferred
Stock and has entered into the Amended and Restated Stockholders Agreement,
dated October 18, 1999 (the "Prior Agreement") with the holders of such shares
(the "Prior Stockholders") for the purpose of regulating certain aspects of
their relationship with regard to their ownership of the Series A and B
Preferred Stock; and

     B.  Company and certain of the Stockholders (the "New Stockholders") are
parties to the Series C Preferred Stock Purchase Agreement of even date herewith
(the "Series C Agreement"); and

     C.  To induce Company to enter into the Series C Agreement and to induce
the New Stockholders to invest funds in Company pursuant thereto, the Prior
Stockholders and Company have agreed to enter into this Agreement with the New
Stockholders, intending that this Agreement shall supercede the Prior Agreement
and shall hereafter regulate certain aspects of their relationship with regard
to their ownership of the Series A and B Preferred Stock, the Common Stock and
the Series C Preferred Stock of Company (collectively, "Company Stock");

     Now therefore, the parties hereby agree as follows.

     1.  Authorization.  Each Stockholder hereby represents and warrants to
         -------------
Company and to each other that such Stockholder has full power and authority to
execute, deliver and perform such Stockholder's obligations under this
Agreement.  The execution and delivery of this Agreement has been duly and
validly authorized, and all necessary action has been taken, to make this
Agreement a valid and binding obligation of such Stockholder, enforceable
against such Stockholder in accordance with the terms hereof, except that the
enforcement hereof may be subject to bankruptcy, insolvency, reorganization,
moratorium or other similar laws now or hereafter in effect relating to
creditors' rights generally and to general principles of equity (regardless of
whether such enforcement is considered in a proceeding in equity or at law).

     2.  Restrictions on Sale of Company Stock.
         -------------------------------------

         (a)   Except as provided in Sections 3, 4 and 8 of this Agreement, The
Dove Holdings Corporation, a California corporation, Ross Dove and Kirk Dove
(collectively, the "Doves") shall not sell, transfer, assign, pledge,
hypothecate or encumber any of the shares of Company's Common Stock (the "Common
Stock") owned by them, except that, after October 18, 1999:
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               (i)    The Doves may sell up to an aggregate of 2,000,000 shares
     of Common Stock to any other person or entity;

               (ii)   The Doves may sell up to an additional 2,000,000 shares of
     Common Stock in the aggregate, subject to a right of first refusal by
     Company (or its assignee or assignees) pursuant to the provisions of
     Section 3, provided that (A) Company shall only have ten (10) days to make
                --------
     the election provided for in Section 3(c) and (B) if and to the extent
     Company (or its assignee or assignees) does not exercise such right of
     first refusal, the Doves may sell such shares during the six-month period
     provided in Section 3(e) below; and

               (iii)  The Dove Holdings Corporation may sell up to an additional
     2,000,000 shares of Common Stock pursuant to the Second Amended and
     Restated Put/Call Agreement, dated as of even date herewith, as such
     Agreement may be amended hereafter, between The Dove Holdings Corporation
     and Fremont Ventures I, L.P.

The restrictions set forth in this Section 2(a) shall apply until (i) the
closing of a bona fide, firm-commitment, underwritten public offering of Common
Stock registered under the Securities Act of 1933, as amended (the "Act")
raising gross proceeds of at least $50,000,000 in the aggregate; provided, that
                                                                 --------
immediately after such closing the Company's Common Stock is listed on a
national securities exchange or over-the-counter market (a "Qualifying IPO"); or
(ii)  any sale of all or substantially all of the assets of Company or any
transfer of Company's capital stock in connection with a sale of Company,
whether such sale is effected by merger, consolidation, sale of assets or sale
or exchange of stock representing more than fifty percent (50%) of the voting
power of the stock of Company (in terms of number of votes for the election of
directors) other than pursuant to the Series C Agreement (a "Company Sale").

         (b)   Notwithstanding anything else herein to the contrary, no
Stockholder may transfer or attempt to transfer any Company Stock that is
unvested or otherwise subject to an option to repurchase by Company (provided
that the Doves will not violate this restriction if they continue to own,
directly or indirectly, at least the number of shares that are subject to
repurchase pursuant to Section 8 below).

         (c)   No Stockholder may transfer any Company Stock to a competitor of
Company, or to any shareholder, partner or other beneficial holder of an equity
ownership interest in a competitor of Company, other than pursuant to a merger,
combination, or other transaction approved by the Board of Directors of Company.
This Section 2(c) shall not apply to those transfers set forth in Section 3(f)
below.

     3.  Rights of First Refusal.
         -----------------------

         (a)   Except as provided in Sections 2, 4 and 8 hereof, before any
shares of Company Stock, or any beneficial interest herein, may be sold,
transferred or assigned (including transfer by operation of law) or pledged,
hypothecated or encumbered by any of the Stockholders (a "Selling Stockholder"),
such shares shall first be offered to Company and the other Stockholders as set
forth below.

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         (b)   Selling Stockholder shall deliver a notice (the "Notice") to
Company stating (i) such Stockholder's bona fide intention to sell or transfer
such shares, (ii) the number of shares proposed to be sold or transferred (the
"Noticed Shares"), (iii) the price for which it proposes to sell or transfer the
Noticed Shares (in the case of a transfer not involving a sale such price shall
be deemed to be fair market value of the Noticed Shares as determined pursuant
to Section 3(d) hereof) and the terms of payment of that price and other terms
and conditions of sale, and (iv) the name and address of the proposed purchaser
or transferee.  A Selling Stockholder shall not effect, or attempt to effect,
any sale or other transfer for value of Company Stock other than for money or an
obligation to pay money.

         (c)   For a period of thirty (30) days after receipt of the Notice,
Company shall have the right to purchase all of the Noticed Shares.  The price
per share of the Noticed Shares purchased by Company pursuant to this Section 3
shall be, in the case of a sale, the price per share as set forth in the Notice
and, in the case of a transfer not involving a sale, the fair market value of
such shares determined pursuant to Section 3(d) hereof, and the purchase shall
be on the same terms and subject to the same conditions as those set forth in
the Notice.  If Company does not elect to purchase all the Noticed Shares, it
shall give written notice to the other Stockholders within the thirty (30) day
period following receipt of the Notice, and for a period of twenty (20) days
after receipt of the aforementioned notice from Company, the other Stockholders
shall have the right to purchase pro rata all of the Noticed Shares not
purchased by Company (the "Remaining Shares") (pro rata on the basis of those
Stockholders that elect to purchase such Remaining Shares and the number of
shares of Company Stock held by each) on the same terms and conditions as set
forth in the Notice.  The price per share of the Noticed Shares purchased by the
Stockholders pursuant to this Section 3 shall be, in the case of a sale, the
price per share as set forth in the Notice and, in the case of a transfer not
involving a sale, the fair market value of such shares determined pursuant to
Section 3(d) hereof, and the purchase shall be on the same terms and subject to
the same conditions as those set forth in the Notice.

         (d)   In the case of a transfer of shares of Company Stock not
involving a sale, the fair market value of the shares shall be determined by
agreement between Company and the transferor or, if they are unable to agree, by
an independent appraiser mutually agreed upon by the parties based upon a
valuation of Company and its subsidiaries as a going concern. This determination
will be final and binding upon all parties and persons claiming under or through
them. Anything in this Section 3(d) to the contrary notwithstanding, if a
Selling Stockholder is not satisfied with the determination of fair market
value, such Stockholder may elect not to proceed with the proposed transfer of
shares of Company Stock not involving a sale and retain such shares under this
Agreement.

         (e)   If Company and/or the other Stockholders do not elect to purchase
all of the shares of Company Stock to which the Notice refers as provided in
Section 3(b) hereof, then none of the shares shall be purchased (unless the
Selling Stockholder elects otherwise during the 20-day period set forth in
Section 3(c) hereof), and the Selling Stockholder may sell or transfer all (but
not less than all) of the shares to any purchaser or transferee named in the
Notice at, in the case of a sale, the price specified in the Notice or at a
higher price, provided that such sale or transfer is consummated within six (6)
months after the date of the Notice to Company.

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         (f)   Notwithstanding subsections (a) through (e) of this Section 3,
this Section 3 shall not apply to transfers: (i) in connection with or at any
time subsequent to a Qualifying IPO; or (ii) as a result of or at any time after
a Company Sale.

     4.  Exempt Transfers.  The provisions of Sections 2(a), 2(c) and 3 shall
         ----------------
not apply to any of the following transfers of Company Stock (provided, that the
                                                              --------
transferee shall acknowledge and agree, in a writing satisfactory to Company, to
be bound by the terms of this Agreement and shall execute and deliver to Company
a joinder as set forth in Exhibit A to such effect): (a) in the case of a
                          ---------
Stockholder who is an individual, any transfer, either during his lifetime or on
death by will or intestacy, to (i) his ancestors, descendants, spouse, brothers,
sisters, nephews or nieces, or (ii) any trust, family partnership or similar
entity or any custodian, trustee, executor, administrator or other personal
representative for the account or benefit of such Stockholder or such
Stockholder's ancestors, descendants, spouse, brothers, sisters, nephews or
nieces, or (b) in the case of a Stockholder which is an entity, any transfer to
(i) another entity or individual that, directly or indirectly, controls, is
controlled by, or is under common control with such Stockholder, or (ii) any
current or former partners or members of such Stockholder.

     5.  Restriction on Public Sale.  Anything to the contrary herein
         --------------------------
notwithstanding, in the event that Company files a registration statement with
respect to an underwritten public offering under the Act in which any class of
Company's equity securities is offered, no Stockholder (excluding any
Stockholder who is subject to the market-standoff set forth in that certain
Second Amended and Restated Investor' Rights Agreement dated the date hereof
between Company and the investors in Company's Series A, B and/or C Preferred
Stock, as such Agreement shall hereafter be amended) shall effect any public
sale or distribution of any of the shares of Company Stock (which shares, for
the purposes of this Section 5, shall include any and all voting securities
received by such Stockholder as a stock dividend, stock split or other
recapitalization or similar distribution on or in respect of the shares of
Company Stock) or any of Company's other equity securities, or of any securities
convertible into or exchangeable for such securities other than securities sold
in such public offering, during the period beginning ten (10) days before the
filing of such registration statement with the Securities and Exchange
Commission and ending one hundred eighty (180) days after such registration
statement has become effective or ten (10) days after it has been withdrawn.

     6.  Register of Securities; Removal of Restrictions on Transfer.
         -----------------------------------------------------------

         (a)   Company or its duly appointed agent shall maintain separate
registers for the shares of each class and series of Company Stock, in which it
shall register the issue and sale of all such respective shares.  Company may
issue stop transfer instructions to such agent and make similar notations in
such register to ensure that all transfers of such securities are made in
accordance with this Agreement.  All transfers of such securities shall be
recorded on the register maintained by Company or its agent, and Company shall
be entitled to regard the registered holder of such securities as the actual
holder thereof until Company or its agent is required to record a transfer of
such securities on its register.  Subject to the other provisions of this
Agreement restricting or prohibiting transfers, Company or its agent shall be
required to record any such transfer when it receives the security to be
transferred duly and properly endorsed by the registered holder thereof or by
its attorney duly authorized in writing.

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         (b)   Any legend endorsed on a certificate evidencing shares of Company
Stock and the stop transfer instructions and record notations with respect to
such shares shall be removed and Company shall issue a certificate without such
legend to the holder of such shares of Company Stock (i) if such shares are
registered under the Act, or (ii) if a notification under Regulation A under the
Act is in effect with respect thereto, or (iii) if such shares may be sold under
Rule 144 or Rule 144A under the Act.

         (c)   In addition to any legends required by securities laws, each
stock certificate or other document evidencing shares of Company Stock or other
securities held by a Stockholder shall bear a legend in substantially the
following form until such legends may be removed in accordance with this
Agreement:

       "THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A
       STOCKHOLDERS' AGREEMENT, WHICH CONTAINS RESTRICTIONS ON TRANSFER, RIGHTS
       OF FIRST REFUSAL, RIGHTS OF REPURCHASE, AND VOTING RIGHTS.  A COPY OF
       SAID STOCKHOLDERS'AGREEMENT MAY BE OBTAINED FROM THE COMPANY BY THE
       HOLDER OF SUCH CERTIFICATE."

       "THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED BY THE
       HOLDER SOLELY FOR ITS OWN ACCOUNT FOR THE PURPOSE OF INVESTMENT AND NOT
       WITH A VIEW TO OR FOR SALE IN CONNECTION WITH ANY DISTRIBUTION THEREOF.
       THE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933
       ("ACT") OR STATE SECURITIES LAWS AND MAY NOT BE SOLD, PLEDGED OR
       OTHERWISE TRANSFERRED WITHOUT REGISTRATION UNDER THE ACT OR AN EXEMPTION
       THEREFROM."

     7.  Enforcement: Violation of Transfer Provisions.
         ---------------------------------------------

         (a)   The parties acknowledge that the remedy at law for any breach or
violation of the provisions of this Agreement shall be inadequate and that, in
the event of any such breach or violation, Company and/or the Stockholders shall
be entitled to injunctive relief in addition to any other remedy, at law or in
equity, to which it may be entitled.

         (b)   Company shall not be required (i) to transfer on its books any
shares of Company Stock or other securities that shall have been sold,
transferred, assigned or pledged in violation of any of the provisions set forth
in this Agreement, or (ii) to treat as owner of such shares of Company Stock or
to accord the right to vote as such owner or to pay dividends to any transferee
to whom such shares shall have been so transferred.

     8.  Repurchase of Dove Stock
         ------------------------

         (a)   Subject to Section 8(b) below, Company (or its assignee or
assignees) shall have the option, but not the obligation, to purchase up to a
maximum of 3,467,424 shares of the Common Stock then held by the Doves (adjusted
for stock splits, dividends, recapitalizations and the like) if Ross Dove or
Kirk Dove should terminate his employment with Company due to death or
"Disability" (as defined below).  In the event the repurchase provided for in
this Section 8 is exercised, unless otherwise agreed among the Doves, each of
the Doves will be required to

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sell a portion of such Dove's Common Stock in proportion to the number of shares
held by such Dove immediately prior to the death or Disability that triggered
the repurchase right, divided by the total number of shares of Common Stock held
by all of the Doves at that time. The repurchase price shall be $0.33 per share
(adjusted for stock options, dividends, recapitalizations and the like), payable
in cash. Company may exercise its repurchase option by written notice within 60
days after such termination of employment. The closing of such repurchase shall
occur within 75 days after such termination of employment.

         (b)   The number of shares subject to the repurchase option shall be
reduced by 866,856 (25%) on June 4 of each year commencing on June 4, 2000, so
that Company will have no repurchase option on and after June 4, 2003.
Company's repurchase option shall also terminate on the first to occur of a
Qualifying IPO or a Company Sale.

         (c)   If and for so long as Company has such repurchase option, it
shall purchase and maintain term life insurance on the lives of Ross Dove and
Kirk Dove. The coverage amount of each policy shall be an amount not less than
the product of (i) the maximum number of shares subject to the repurchase option
at such time, and (ii) $0.44 per share. The beneficiaries of each policy shall
be as designated by Ross Dove and Kirk Dove from time to time.

         (d)   For purposes of this Agreement, "Disability" means that either
Ross Dove or Kirk Dove has been unable substantially to perform his duties for
Company for a period of at least three months because of a physical or mental
disability, and at the end of such period, a fully-qualified physician
reasonably selected by Company certifies that it appears likely that he will be
unable substantially to perform his duties for an indefinite additional period
of time because of such physical or mental incapacity.

          9.  Board of Directors of Company.  Pursuant to Article Fifth, Section
              -----------------------------
6, of Company's Amended and Restated Certificate of Incorporation, as such
Section may hereafter be amended (the "Certificate"), the Stockholders have the
right to elect certain members of Company's Board of Directors (the "Board").
In accordance with the Certificate, the Stockholders agree:

               (a)   To nominate to the Board such person or persons who shall
     be reasonably acceptable to Company; and

               (b)   So long as the holders of the Series C Preferred Stock have
     the right to elect two members of the Board and (i) SOFTBANK Capital
     Partners LP and/or SOFTBANK Capital Advisors Fund LP remains a holder of at
     least 75% of the shares of the Series C Preferred Stock they acquired
     pursuant to the Series C Agreement or the Common Stock into which such
     securities may have been converted, then SOFTBANK Capital Partners LP
     ("SOFTBANK") shall have the right to nominate the first member of the Board
     and (ii) the affiliates of TPG Partners III, L.P. who are parties to this
     Agreement (collectively, "TPG") hold, as a group, at least 75% of the
     shares of Series C Preferred Stock they acquired pursuant to the Series C
     Agreement or the Common Stock into which such securities may be converted,
     then TPG shall have the right to nominate the second member of the Board,
     the name of which nominee shall be conveyed by TPG Partners III, L.P. to
     the Company; provided, however, that TPG's's right to nominate the
                  --------

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     second members of the Board will terminate when (i) the number of
     outstanding shares of Series C Preferred Stock falls below 15,000,000 and
     the SOFTBANK entities specified above continue to hold the type and the
     number of shares specified for the SOFTBANK entities above or (ii) the
     number of outstanding shares of Series C Preferred Stock falls below
     7,500,000; and

               (c)   Each Executive and Audit Committee of the Board, if any,
     shall be comprised of at least one member of the Board designated only by
     directors elected by the holders of the Series C Peferred Stock; and

               (d)   There shall be a compensation committee of the Board (the
     "Compensation Committee") which shall be comprised of at least the two
     members of the Board, one designated only by directors elected by the
     holders of Series A or B Preferred Stock and one designated only by
     directors elected by the holders of Series C Preferred Stock, and the
     compensation, including, without limitation, salary, bonus and other
     benefits and perquisites, of each officer of the Company and its
     subsidiaries shall be subject to approval by a majority of the Compensation
     Committee.

Each of the Stockholders shall appear in person or by proxy at any annual or
special meeting of Stockholders for the purpose of obtaining a quorum for the
election of directors and shall vote the shares of Company Stock owned by such
Stockholder, either in person or by proxy, at any annual or special meeting of
stockholders of Company called for the purpose of voting on the election of
directors or by written consent of stockholders with respect to the election of
directors, in favor of the election of the directors nominated and approved in
accordance with the Certificate and this Section 9.  No Stockholder shall grant
any proxy or enter into and agree to be bound by any voting trust with respect
to Company Stock held by such Stockholder, nor shall any Stockholder enter into
any stockholder agreements or arrangements of any kind with any person with
respect to Company Stock, that is inconsistent with the provisions of this
Agreement.  The Company shall reimburse the reasonable travel expenses incurred
by each of the members of the Board in fulfillment of his or her duties to the
Company.  The provisions of this Section 9 shall terminate on the first to occur
of a Qualifying IPO or a Company Sale.

     10.  General Provisions.
          ------------------

         (a)   After-Acquired Shares.  All of the provisions of this Agreement
               ---------------------
apply to (a) all of the shares of Company Stock now owned or which may be
transferred hereafter to, or owned by, any Stockholder and (b) all securities
and instruments (i) received by a Stockholder as a dividend on or other payment
made to holders of Company Stock, or (ii) issued in connection with a split of
Company Stock or as a result of any exchange for or reclassification of Company
Stock or a reorganization, recapitalization, consolidation or merger.  In
addition, any person or entity who does not presently own but subsequently
acquires shares of Company Stock may become a party to and bound by all or any
portion of this Agreement by executing a Joinder substantially in the form
attached hereto as Exhibit A.
                   ---------

         (b)   Rights and Obligations of Transferees. If a Stockholder transfers
               -------------------------------------
any or all of its shares of Company Stock to any person, such person and each
subsequent transferee shall have the same rights hereunder as are applicable to
the transferring Stockholder, and shall

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be subject to the same obligations as are imposed upon, such Stockholder by the
terms hereof (and all references herein to a Stockholder shall include such
transferee), unless otherwise provided herein. Company will not record any
transfer of Company Stock that was made in violation of any provision of this
Agreement.

         (c)   Owner of Shares. The person in whose name shares of Company Stock
               ---------------
or other securities of the Company are registered in the stock books of Company
shall be treated as the owner thereof for all purposes, including without
limitation, for the giving of notices under this Agreement.

         (d)   Notices. All notices, requests, consents and other communications
               -------
required or permitted hereunder shall be in writing and shall be deemed to have
been given for all purposes upon (i) personal delivery, (ii) one day after being
sent, when sent by professional overnight courier service from and to locations
within the United States, (iii) five days after posting when sent by registered
or certified mail, or (iv) on the date of transmission when sent by facsimile
and when receipt has been confirmed, addressed (A) if to Company at the address
or facsimile number, as applicable set forth on the signature pages hereto; or
(B) if to any Stockholder, addressed to such Stockholder at its address or
facsimile number, as applicable, as shown on the stock register maintained by
Company. The addresses for the purposes of this Section 10(d) may be changed by
giving written notice of such change in the manner provided herein for giving
notice. Unless and until such written notice is received, the address provided
herein shall be deemed to continue in effect for all purposes hereunder.

         (e)   Severability.  The parties hereto agree that the terms and
               ------------
provisions in this Agreement are reasonable and shall be binding and enforceable
in accordance with the terms hereof and, in any event, that the terms and
provisions of this Agreement shall be enforced to the fullest extent permissible
under law.  In the event that any term or provision of this Agreement shall for
any reason be adjudged to be unenforceable or invalid, then such unenforceable
or invalid term or provision shall not affect the enforceability or validity of
the remaining terms and provisions of this Agreement, and the parties hereto
hereby agree to replace such unenforceable or invalid term or provision with an
enforceable and valid arrangement, which in its economic effect shall be as
close as possible to the unenforceable or invalid term or provision.

         (f)   Governing Law; Parties in Interest.  This Agreement shall be
               ----------------------------------
governed by, and construed and enforced in accordance with, the laws of the
State of California as applied to contracts entered into in California by
residents in such State and to be performed entirely within California.  All the
terms and provisions of this Agreement shall be binding upon and inure to the
benefit of and be enforceable by the respective successors and assigns of the
parties hereto, whether so expressed or not.

         (g)   Modification, Amendment and Waiver.  The provisions of this
               ----------------------------------
Agreement may not be amended, modified or supplemented, and waivers or consents
to departures from the provisions hereof may not be given, without the written
consent of (i) the Stockholders then holding at least 66.7% of the then
outstanding Company's Series A, B and C Preferred Stock (voting together as a
single class on an as-converted basis), (ii) the Stockholders then holding a
majority of Common Stock then outstanding, and (iii) to the extent that any
amendment, modification

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<PAGE>

or supplement to this Agreement would materially change the rights or
obligations of Company or any Stockholder in a manner different from any other
Stockholder hereunder, Company or such Stockholder. Any amendment, modification,
supplement or waiver effected in accordance with this Section shall be binding
on Company and each Stockholder and their permitted transferees, successors and
assignees. The failure at any time to enforce any of the provisions of this
Agreement shall in no way be construed as a waiver of such provisions and shall
not affect the right of any of the parties thereafter to enforce each and every
provision hereof in accordance with its terms.

         (h)   Integration.  This Agreement, together with Exhibit A hereto and
              -----------
the documents and agreements referred to herein, constitute the entire agreement
of the parties with respect to the specific subject matter hereof (e.g. transfer
restrictions, rights of first refusal, restrictions on public sale and voting
rights) and thereof and supersedes all prior agreements and negotiations with
respect thereto, including but not limited to the Prior Agreement.
Notwithstanding the foregoing, certain parties hereto may have entered into
stock purchase agreements that contain provisions with regard to "vesting" of
shares and repurchase options in favor of Company.  Those agreements are
specifically agreed to deal with a subject matter different from the subject
matter hereof and are therefore not superseded by this Agreement and are
specifically acknowledged to remain in full force and effect.

         (i)   Headings and Pronouns.  The headings of the sections and
               ---------------------
paragraphs of this Agreement have been inserted for convenience of reference
only and do not constitute a part of this Agreement.  Whenever used herein,
words importing the singular shall include the plural and words importing the
masculine shall include the feminine and neuter, and vice versa, unless the
context otherwise requires.

         (j)   Counterparts.  This Agreement may be executed in any number of
               ------------
counterparts and by different parties hereto in separate counterparts, with the
same effect as if all parties had signed the same document.  All such
counterparts shall be deemed an original, shall be construed together and shall
constitute one and the same agreement.

         (k)   Injunctive Relief.  Without intending to limit the remedies
               -----------------
available to any party, the parties hereto acknowledge that a breach of any of
the covenants contained in this Agreement may result in material irreparable
injury to the other parties for which there is no adequate remedy at law, that
it will not be possible to measure damages for such injuries precisely and that,
in the event of such a breach or threat thereof, the other parties, or any of
them, shall be entitled to obtain a temporary restraining order and a
preliminary or permanent injunction restraining or requiring actions prohibited
or required by this Agreement or such other relief as may be required to enforce
specifically any of the covenants of this Agreement.

                            [Signature Pages Follow]

                                       9
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     In Witness Whereof, the parties hereto have executed this Stockholders'
Agreement as of the day and yea first above written.

                                  COMPANY:
                                  -------

                                  DOVEBID, INC.

                                  By:__________________________________________
                                  Its:  President
                                  Address:   1241 East Hillsdale Blvd.
                                             Foster City, CA  94404
                                             Facsimile No.: 650-571-5980
                                             Attention: Chief Executive Officer

                                  STOCKHOLDERS:
                                  ------------

                                  THE DOVE HOLDINGS CORPORATION

                                  By:__________________________________________
                                  Its:

                                  _____________________________________________
                                  ROSS DOVE

                                  _____________________________________________
                                  KIRK DOVE

                                  KOLL MANAGEMENT SERVICES, INC.

                                  By:__________________________________________
                                  Its:

                                  BAIN & COMPANY, INC.

                                  By:__________________________________________
                                  Its:  Vice President

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<PAGE>

                                  COMDISCO, INC.

                                  By:__________________________________________

                                  Title:_______________________________________

                                  FREMONT VENTURES I, L.P.
                                  a Delaware limited partnership
                                  By:  FV, L.P., its General Partner
                                  By:  Fremont Resources, Inc.
                                             its General Partner

                                  By:__________________________________________
                                  Its:

                                  F&W INVESTMENTS 2000

                                  By:__________________________________________
                                  It's:  General Partner

                                  MAYFIELD X, L.P.
                                  By:      Mayfield X Management, L.L.C.
                                  Its:     General Partner

                                  By:__________________________________________
                                  Its:     Managing Director

                                  MAYFIELD ASSOCIATES FUND V, L.P.
                                  By:      Mayfield X Management, L.L.C.
                                  Its:     General Partner

                                  By:__________________________________________
                                  Its:     Managing Director

                                       11
<PAGE>

                                  MAYFIELD PRINCIPALS FUND, L.L.C.
                                  By:      Mayfield X Management, L.L.C.
                                  Its:     Managing Member

                                  By:__________________________________________
                                  Its:     Managing Director

                                  SOFTBANK CAPITAL PARTNERS LP
                                  a Delaware limited partnership
                                  By: SOFTBANK Capital Partners LLC
                                  its General Partner

                                  By:__________________________________________
                                  Its:

                                  SOFTBANK CAPITAL ADVISORS FUND LP
                                  a Delaware limited partnership
                                  By: SOFTBANK Capital Partners LLC
                                  its General Partner

                                  By:__________________________________________
                                  Its:

                                  SUN MICROSYSTEMS, INC.

                                  By:__________________________________________
                                  Its:

                                  TPG PARTNERS III, L.P.
                                  By:   TPG GenPar III, L.P.
                                  By:   TPG Advisors III, Inc.

                                  By:__________________________________________

                                  Title:_______________________________________

                                       12
<PAGE>

                                  TPG PARALLEL III, L.P.
                                  By:   TPG GenPar III, L.P.
                                  By:   TPG Advisors III, Inc.

                                  By:__________________________________________

                                  Title:_______________________________________

                                  TPG INVESTORS III, L.P.
                                  By:   TPG GenPar III, L.P.
                                  By:   TPG Advisors III, Inc.

                                  By:__________________________________________

                                  Title:_______________________________________

                                  T/3/ PARTNERS, L.P.
                                  By:   T/3/ GenPar, L.P.
                                  By:   T/3/ Advisors, Inc.

                                  By:__________________________________________

                                  Title:_______________________________________

                                  T/3/ PARALLEL, L.P.
                                  By:   T/3/ GenPar, L.P.
                                  By:   T/3/ Advisors, Inc.

                                  By:__________________________________________

                                  Title:_______________________________________

                                  T/3/ INVESTORS, L.P.
                                  By:   T/3/ GenPar, L.P.
                                  By:   T/3/ Advisors, Inc.

                                  By:__________________________________________

                                  Title:_______________________________________

                                       13
<PAGE>

                                  FOF PARTNERS III, L.P.
                                  By:   TPG GenPar III, L.P.
                                  By:   TPG Advisors III, Inc.

                                  By:__________________________________________

                                  Title:_______________________________________

                                  FOF PARTNERS III-B, L.P.
                                  By:   TPG GenPar III, L.P.
                                  By:   TPG Advisors III, Inc.

                                  By:__________________________________________

                                  Title:_______________________________________

                                  TPG DUTCH PARALLEL III, C.V.
                                  By:   TPG GenPar III, L.P.
                                  By:   TPG Advisors III, Inc.

                                  By:__________________________________________

                                  Title:_______________________________________

                                  T/3/ DUTCH PARALLEL, C.V.
                                  By:   T/3/ GenPar, L.P.
                                  By:   T/3/ Advisors, Inc.

                                  By:__________________________________________

                                  Title:_______________________________________

                                       14
<PAGE>

                                  T.H. eVENTURE PTE LTD

                                  By:__________________________________________
                                  Its:

                                  YAHOO! INC.

                                  By:__________________________________________
                                  Its:

                                  DATA STREAM SYSTEMS, INC.

                                  By:__________________________________________
                                  Its:

                                       15<PAGE>

                                                                   EXHIBIT 10.18

                              INDEMNITY AGREEMENT

     This Indemnity Agreement (this "Agreement"), is entered into as of
_________, ____ by and between DoveBid, Inc., a Delaware corporation (the
"Company"), and the undersigned, __________________, a director and/or officer
of the Company (the "Indemnitee").

                                   RECITALS

     A.  The Company is aware that competent and experienced persons are
increasingly reluctant to serve as directors or officers of corporations unless
they are protected by comprehensive liability insurance and/or indemnification,
due to increased exposure to litigation costs and risks resulting from their
service to such corporations, and due to the fact that the exposure frequently
bears no reasonable relationship to the compensation of such directors and
officers;

     B.  Based upon their experience as business managers, the Board of
Directors of the Company (the "Board") has concluded that, to retain and attract
talented and experienced individuals to serve as officers and directors of the
Company, and to encourage such individuals to take the business risks necessary
for the success of the Company, it is necessary for the Company contractually to
indemnify officers and directors and to assume for itself maximum liability for
expenses and damages in connection with claims against such officers and
directors in connection with their service to the Company;

     C.  Section 145 of the General Corporation Law of Delaware, under which the
Company is organized (the "Law"), empowers the Company to indemnify by agreement
its officers, directors, employees and agents, and persons who serve, at the
request of the Company, as directors, officers, employees or agents of other
corporations or enterprises, and expressly provides that the indemnification
provided by the Law is not exclusive; and

     D.  The Company desires and has requested the Indemnitee to serve or
continue to serve as a director or officer of the Company free from undue
concern for claims for damages arising out of or related to such services to the
Company.

     NOW, THEREFORE, the parties hereto, intending to be legally bound, hereby
agree as follows:

     1.  Definitions.
         -----------

         1.1  Agent.  For the purposes of this Agreement, "agent" of the Company
              -----
means any person who is or was a director or officer of the Company or a
subsidiary of the Company; or is or was serving at the request of, for the
convenience of, or to represent the interest of the Company or a subsidiary of
the Company as a director or officer of another foreign or domestic corporation,
partnership, joint venture, trust or other enterprise or an affiliate of the
Company; or was a director or officer of another enterprise or affiliate of the
Company at the
<PAGE>

request of, for the convenience of, or to represent the interests of such
predecessor corporation. The term "enterprise" includes any employee benefit
plan of the Company, its subsidiaries, affiliates and predecessor corporations.

         1.2  Expenses.  For purposes of this Agreement, "expenses" includes all
              --------
direct and indirect costs of any type or nature whatsoever (including, without
limitation, all attorneys' fees and related disbursements and other out-of-
pocket costs) actually and reasonably incurred by the Indemnitee in connection
with the investigation, defense or appeal of a proceeding or establishing or
enforcing a right to indemnification or advancement of expenses under this
Agreement, Section 145 or otherwise; provided, however, that expenses shall not
                                     --------  -------
include any judgments, fines, ERISA excise taxes or penalties or amounts paid in
settlement of a proceeding.

         1.3  Proceeding. For the purposes of this Agreement, "proceeding" means
              ----------
any threatened, pending or completed action, suit or other proceeding, whether
civil, criminal, administrative, investigative or any other type whatsoever.

         1.4  Subsidiary. For purposes of this Agreement, "subsidiary" means any
              ----------
corporation of which more than fifty percent (50%) of the outstanding voting
securities is owned directly or indirectly by the Company, by the Company and
one or more of its subsidiaries or by one or more of the Company's subsidiaries.

     2.  Agreement to Serve.  The Indemnitee agrees to serve and/or continue to
         ------------------
serve as an agent of the Company, at the will of the Company (or under separate
agreement, if such agreement exists), in the capacity the Indemnitee currently
serves as an agent of the Company, faithfully and to the best of his ability, so
long as he is duly appointed or elected and qualified in accordance with the
applicable provisions of the charter documents of the Company or any subsidiary
of the Company; provided, however, that the Indemnitee may at any time and for
                --------  -------
any reason resign from such position (subject to any contractual obligation that
the Indemnitee may have assumed apart from this Agreement), and the Company or
any subsidiary shall have no obligation under this Agreement to continue the
Indemnitee in any such position.

     3.  Directors' and Officers' Insurance.  The Company shall, to the extent
         ----------------------------------
that the Board determines it to be economically reasonable, maintain a policy of
directors' and officers' liability insurance ("D&O Insurance"), on such terms
and conditions as may be approved by the Board.

     4.  Mandatory Indemnification.  Subject to Section 9 below, the Company
         -------------------------
shall indemnify the Indemnitee:

         4.1  Third Party Actions. If the Indemnitee is a person who was or is a
              -------------------
party or is threatened to be made a party to any proceeding (other than an
action by or in the right of the Company) by reason of the fact that he is or
was an agent of the Company, or by reason of anything done or not done by him in
any such capacity, against any and all expenses and liabilities of any type
whatsoever (including, but not limited to, judgments, fines, ERISA excise taxes
or penalties and amounts paid in settlement) actually and reasonably incurred by
him in connection with the investigation, defense, settlement or appeal of such
proceeding if he acted in

                                      -2-
<PAGE>

good faith and in a manner he reasonably believed to be in, or not opposed to,
the best interests of the Company and, with respect to any criminal action or
proceeding, had no reasonable cause to believe his conduct was unlawful; and

         4.2  Derivative Actions.  If the Indemnitee is a person who was or is a
              ------------------
party or is threatened to be made a party to any proceeding by or in the right
of the Company to procure a judgment in its favor by reason of the fact that he
is or was an agent of the Company, or by reason of anything done or not done by
him in any such capacity, against any amounts paid in settlement of any such
proceeding and all expenses actually and reasonably incurred by him in
connection with the investigation, defense, settlement or appeal of such
proceeding if he acted in good faith and in a manner he reasonably believed to
be in, or not opposed to, the best interests of the Company; except that no
                                                             ------
indemnification under this subsection shall be made in respect of any claim,
issue or matter as to which such person shall have been finally adjudged to be
liable to the Company by a court of competent jurisdiction due to willful
misconduct of a culpable nature in the performance of his duty to the Company,
unless and only to the extent that the Court of Chancery or the court in which
such proceeding was brought shall determine upon application that, despite the
adjudication of liability but in view of all the circumstances of the case, such
person is fairly and reasonably entitled to indemnity for such amounts which the
Court of Chancery or such other court shall deem proper; and

         4.3  Exception for Amounts Covered by Insurance.  Notwithstanding the
              ------------------------------------------
foregoing, the Company shall not be obligated to indemnify the Indemnitee for
expenses or liabilities of any type whatsoever (including, but not limited to,
judgments, fines, ERISA excise taxes or penalties and amounts paid in
settlement) to the extent such have been paid directly to the Indemnitee by D&O
Insurance.

     5.  Partial Indemnification and Contribution.
         ----------------------------------------

         5.1  Partial Indemnification.  If the Indemnitee is entitled under any
              -----------------------
provision of this Agreement to indemnification by the Company for some or a
portion of any expenses or liabilities of any type whatsoever (including, but
not limited to, judgments, fines, ERISA excise taxes or penalties and amounts
paid in settlement) incurred by him in the investigation, defense, settlement or
appeal of a proceeding but is not entitled, however, to indemnification for all
of the total amount thereof, then the Company shall nevertheless indemnify the
Indemnitee for such total amount except as to the portion thereof to which the
Indemnitee is not entitled to indemnification.

         5.2  Contribution.  If the Indemnitee is not entitled to the
              ------------
indemnification provided in Section 4 for any reason other than the statutory
limitations set forth in the Law, then in respect of any threatened, pending or
completed proceeding in which the Company is jointly liable with the Indemnitee
(or would be if joined in such proceeding), the Company shall contribute to the
amount of expenses (including attorneys' fees), judgments, fines and amounts
paid in settlement actually and reasonably incurred and paid or payable by the
Indemnitee in such proportion as is appropriate to reflect (i) the relative
benefits received by the Company on the one hand and the Indemnitee on the other
hand from the transaction from which such

                                      -3-
<PAGE>

proceeding arose and (ii) the relative fault of the Company on the one hand and
of the Indemnitee on the other hand in connection with the events which resulted
in such expenses, judgments, fines or settlement amounts, as well as any other
relevant equitable considerations. The relative fault of the Company on the one
hand and of the Indemnitee on the other hand shall be determined by reference
to, among other things, the parties' relative intent, knowledge, access to
information and opportunity to correct or prevent the circumstances resulting in
such expenses, judgments, fines or settlement amounts. The Company agrees that
it would not be just and equitable if contribution pursuant to this Section 5
were determined by pro rata allocation or any other method of allocation which
does not take account of the foregoing equitable considerations.

     6.  Mandatory Advancement of Expenses.
         ---------------------------------

         6.1  Advancement. Subject to Section 9 below, the Company shall advance
              -----------
all expenses incurred by the Indemnitee in connection with the investigation,
defense, settlement or appeal of any proceeding to which the Indemnitee is a
party or is threatened to be made a party by reason of the fact that the
Indemnitee is or was an agent of the Company or by reason of anything done or
not done by him in any such capacity. The Indemnitee hereby undertakes to
promptly repay such amounts advanced only if, and to the extent that, it shall
ultimately be determined that the Indemnitee is not entitled to be indemnified
by the Company under the provisions of this Agreement, the Certificate of
Incorporation or Bylaws of the Company, the Law or otherwise. The advances to be
made hereunder shall be paid by the Company to the Indemnitee within thirty (30)
days following delivery of a written request therefor by the Indemnitee to the
Company.

         6.2  Exception. Notwithstanding the foregoing provisions of this
              ---------
Section 6, the Company shall not be obligated to advance any expenses to the
Indemnitee arising from a lawsuit filed directly by the Company against the
Indemnitee if an absolute majority of the members of the Board reasonably
determines in good faith, within thirty (30) days of the Indemnitee's request to
be advanced expenses, that the facts known to them at the time such
determination is made demonstrate clearly and convincingly that the Indemnitee
acted in bad faith. If such a determination is made, the Indemnitee may have
such decision reviewed by another forum, in the manner set forth in Sections
8.3, 8.4 and 8.5 hereof, with all references therein to "indemnification" being
deemed to refer to "advancement of expenses," and the burden of proof shall be
on the Company to demonstrate clearly and convincingly that, based on the facts
known at the time, the Indemnitee acted in bad faith. The Company may not avail
itself of this Section 6.2 as to a given lawsuit if, at any time after the
occurrence of the activities or omissions that are the primary focus of the
lawsuit, the Company has undergone a change in control. For this purpose, a
change in control shall mean a given person or group of affiliated persons or
groups increasing their beneficial ownership interest in the Company by at least
twenty (20) percentage points without advance Board approval.

     7.  Notice and Other Indemnification Procedures.
         -------------------------------------------

         7.1  Promptly after receipt by the Indemnitee of notice of the
commencement of or the threat of commencement of any proceeding, the Indemnitee
shall, if the Indemnitee

                                      -4-
<PAGE>

believes that indemnification with respect thereto may be sought from the
Company under this Agreement, notify the Company of the commencement or threat
of commencement thereof.

         7.2  If, at the time of the receipt of a notice of the commencement of
a proceeding pursuant to Section 7.1 hereof, the Company has D&O Insurance in
effect, the Company shall give prompt notice of the commencement of such
proceeding to the insurers in accordance with the procedures set forth in the
respective policies. The Company shall thereafter take all necessary or
desirable action to cause such insurers to pay, on behalf of the Indemnitee, all
amounts payable as a result of such proceeding in accordance with the terms of
such D&O Insurance policies.

         7.3  In the event the Company shall be obligated to advance the
expenses for any proceeding against the Indemnitee, the Company, if appropriate,
shall be entitled to assume the defense of such proceeding, with counsel
approved by the Indemnitee (which approval shall not be unreasonably withheld),
upon the delivery to the Indemnitee of written notice of its election to do so.
After delivery of such notice, approval of such counsel by the Indemnitee and
the retention of such counsel by the Company, the Company will not be liable to
the Indemnitee under this Agreement for any fees of counsel subsequently
incurred by the Indemnitee with respect to the same proceeding, provided that:
(a) the Indemnitee shall have the right to employ his own counsel in any such
proceeding at the Indemnitee's expense; (b) the Indemnitee shall have the right
to employ his own counsel in connection with any such proceeding, at the expense
of the Company, if such counsel serves in a review, observer, advice and
counseling capacity and does not otherwise materially control or participate in
the defense of such proceeding; and (c) if (i) the employment of counsel by the
Indemnitee has been previously authorized by the Company, (ii) the Indemnitee
shall have reasonably concluded that there may be a conflict of interest between
the Company and the Indemnitee in the conduct of any such defense or (iii) the
Company shall not, in fact, have employed counsel to assume the defense of such
proceeding, then the fees and expenses of the Indemnitee's counsel shall be at
the expense of the Company.

     8.  Determination of Right to Indemnification.
         -----------------------------------------

         8.1  To the extent the Indemnitee has been successful on the merits or
otherwise in defense of any proceeding referred to in Section 4.1 or 4.2 of this
Agreement or in the defense of any claim, issue or matter described therein, the
Company shall indemnify the Indemnitee against expenses actually and reasonably
incurred by him in connection with the investigation, defense or appeal of such
proceeding, or such claim, issue or matter, as the case may be.

         8.2  In the event that Section 8.1 is inapplicable, or does not apply
to the entire proceeding, the Company shall nonetheless indemnify the Indemnitee
unless the Company shall prove by clear and convincing evidence to a forum
listed in Section 8.3 below that the Indemnitee has not met the applicable
standard of conduct required to entitle the Indemnitee to such indemnification.

         8.3  The Indemnitee shall be entitled to select the forum in which the
validity of the Company's claim under Section 8.2 hereof that the Indemnitee is
not entitled to

                                      -5-
<PAGE>

indemnification will be heard from among the following, except that the
Indemnitee can select a forum consisting of the stockholders of the Company only
with the approval of the Company:

              (a) A quorum of the Board consisting of directors who are not
parties to the proceeding for which indemnification is being sought;

              (b) The stockholders of the Company;

              (c) Legal counsel mutually agreed upon by the Indemnitee and the
Board, which counsel shall make such determination in a written opinion;

              (d) A panel of three arbitrators, one of whom is selected by the
Company, another of whom is selected by the Indemnitee and the last of whom is
selected by the first two arbitrators so selected; or

              (e) The Court of Chancery of Delaware or other court having
jurisdiction of subject matter and the parties.

         8.4  As soon as practicable, and in no event later than thirty (30)
days after the forum has been selected pursuant to Section 8.3 above, the
Company shall, at its own expense, submit to the selected forum its claim that
the Indemnitee is not entitled to indemnification, and the Company shall act in
the utmost good faith to assure the Indemnitee a complete opportunity to defend
against such claim.

         8.5  If the forum selected in accordance with Section 8.3 hereof is not
a court, then after the final decision of such forum is rendered, the Company or
the Indemnitee shall have the right to apply to the Court of Chancery of
Delaware, the court in which the proceeding giving rise to the Indemnitee's
claim for indemnification is or was pending or any other court of competent
jurisdiction, for the purpose of appealing the decision of such forum, provided
                                                                       --------
that such right is executed within sixty (60) days after the final decision of
such forum is rendered. If the forum selected in accordance with Section 8.3
hereof is a court, then the rights of the Company or the Indemnitee to appeal
any decision of such court shall be governed by the applicable laws and rules
governing appeals of the decision of such court.

         8.6  Notwithstanding any other provision in this Agreement to the
contrary, the Company shall indemnify the Indemnitee against all expenses
incurred by the Indemnitee in connection with any hearing or proceeding under
this Section 8 involving the Indemnitee and against all expenses incurred by the
Indemnitee in connection with any other proceeding between the Company and the
Indemnitee involving the interpretation or enforcement of the rights of the
Indemnitee under this Agreement unless a court of competent jurisdiction finds
that each of the material claims and/or defenses of the Indemnitee in any such
proceeding was frivolous or not made in good faith.

     9.  Exceptions. Any other provision herein to the contrary notwithstanding,
         ----------
the Company shall not be obligated pursuant to the terms of this Agreement:

                                      -6-
<PAGE>

         9.1   Claims Initiated by Indemnitee. To indemnify or advance expenses
               ------------------------------
to the Indemnitee with respect to proceedings or claims initiated or brought
voluntarily by the Indemnitee and not by way of defense, except with respect to
proceedings specifically authorized by the Board or brought to establish or
enforce a right to indemnification and/or advancement of expenses arising under
this Agreement, the charter documents of the Company or any subsidiary or any
statute or law or otherwise, but such indemnification or advancement of expenses
may be provided by the Company in specific cases if the Board finds it to be
appropriate; or

         9.2   Unauthorized Settlements. To indemnify the Indemnitee hereunder
               ------------------------
for any amounts paid in settlement of a proceeding unless the Company consents
in advance in writing to such settlement, which consent shall not be
unreasonably withheld; or

         9.3   Securities Law Actions. To indemnify the Indemnitee on account of
               ----------------------
any suit in which judgment is rendered against the Indemnitee for an accounting
of profits made from the purchase or sale by the Indemnitee of securities of the
Company pursuant to the provisions of Section l6(b) of the Securities Exchange
Act of 1934 and amendments thereto or similar provisions of any federal, state
or local statutory law; or

         9.4   Unlawful Indemnification.  To indemnify the Indemnitee if a final
               ------------------------
decision by a court having jurisdiction in the matter shall determine that such
indemnification is not lawful.  In this respect, the Company and the Indemnitee
have been advised that the Securities and Exchange Commission takes the position
that indemnification for liabilities arising under the federal securities laws
is against public policy and is, therefore, unenforceable and that claims for
indemnification should be submitted to appropriate courts for adjudication.

     10. Non-Exclusivity.  The provisions for indemnification and advancement
         ---------------
of expenses set forth in this Agreement shall not be deemed exclusive of any
other rights which the Indemnitee may have under any provision of law, the
Company's Certificate of Incorporation or Bylaws, the vote of the Company's
stockholders or disinterested directors, other agreements or otherwise, both as
to action in the Indemnitee's official capacity and to action in another
capacity while occupying his position as an agent of the Company, and the
Indemnitee's rights hereunder shall continue after the Indemnitee has ceased
acting as an agent of the Company and shall inure to the benefit of the heirs,
executors and administrators of the Indemnitee.

     11. General Provisions.
         ------------------

         11.1  Interpretation of Agreement.  It is understood that the parties
               ---------------------------
hereto intend this Agreement to be interpreted and enforced so as to provide
indemnification and advancement of expenses to the Indemnitee to the fullest
extent now or hereafter permitted by law, except as expressly limited herein.

         11.2  Severability. If any provision or provisions of this Agreement
               ------------
shall be held to be invalid, illegal or unenforceable for any reason whatsoever,
then: (a) the validity, legality and enforceability of the remaining provisions
of this Agreement (including, without limitation, all portions of any paragraphs
of this Agreement containing any such provision held to be invalid, illegal or
unenforceable that are not themselves invalid, illegal or unenforceable)

                                      -7-
<PAGE>

shall not in any way be affected or impaired thereby; and (b) to the fullest
extent possible, the provisions of this Agreement (including, without
limitation, all portions of any paragraphs of this Agreement containing any such
provision held to be invalid, illegal or unenforceable, that are not themselves
invalid, illegal or unenforceable) shall be construed so as to give effect to
the intent manifested by the provision held invalid, illegal or unenforceable
and to give effect to Section 11.1 hereof.

         11.3  Entire Agreement.  This Agreement, together with all exhibits and
               ----------------
schedules hereto, constitutes the entire agreement and understanding of the
parties with respect to the subject matter hereof and supersedes any and all
prior negotiations, correspondence, agreements, understandings, duties or
obligations between the parties with respect to the subject matter hereof.

         11.4  Modification and Waiver. No supplement, modification or amendment
               -----------------------
of this Agreement shall be binding unless executed in writing by both of the
parties hereto. No waiver of any of the provisions of this Agreement shall be
deemed or shall constitute a waiver of any other provision hereof (whether or
not similar), nor shall such waiver constitute a continuing waiver.

         11.5  Subrogation. In the event of full payment under this Agreement,
               -----------
the Company shall be subrogated to the extent of such payment to all of the
rights of recovery of the Indemnitee, who shall execute all documents required
and shall do all acts that may be necessary or desirable to secure such rights
and to enable the Company effectively to bring suit to enforce such rights.

         11.6  Counterparts. This Agreement may be executed in one or more
               ------------
counter-parts, which shall together constitute one agreement.

         11.7  Successors and Assigns. The terms of this Agreement shall bind,
               ----------------------
and shall inure to the benefit of, the successors and assigns of the parties
hereto.

         11.8  Notice.  All notices, requests, demands and other communications
               ------
under this Agreement shall be in writing and shall be deemed duly given:  (a) if
delivered by hand and signed for by the party addressee; or (b) if mailed by
certified or registered mail, with postage prepaid, on the third business day
after the mailing date.  Addresses for notice to either party are as shown on
the signature page of this Agreement or as subsequently modified by written
notice.

         11.9  Governing Law. This Agreement shall be governed exclusively by
               -------------
and construed according to the laws of the State of California, as applied to
contracts between California residents entered into and to be performed entirely
within California.

         11.10 Consent to Jurisdiction. The Company and the Indemnitee each
               -----------------------
hereby irrevocably consent to the jurisdiction of the courts of the State of
California for all purposes in connection with any action or proceeding which
arises out of or relates to this Agreement.

                                      -8-
<PAGE>

          11.11  Attorneys' Fees. In the event Indemnitee is required to bring
                 ---------------
any action to enforce rights under this Agreement (including, without
limitation, the expenses of any Proceeding described in Section 3), the
Indemnitee shall be entitled to all reasonable fees and expenses in bringing and
pursuing such action, unless a court of competent jurisdiction finds each of the
material claims of the Indemnitee in any such action was frivolous and not made
in good faith.

     IN WITNESS WHEREOF, the parties hereto have entered into this Indemnity
Agreement effective as of the date first written above.

DoveBid, inc.:                           Indemnitee:

By:____________________________          __________________________________
                                         [Name]
Name:__________________________

Title:_________________________          Address:__________________________

                                         __________________________________
DoveBid, Inc.
124 E. Hillsdale Blvd.                   __________________________________
Foster City, CA  94404
Attn: President

                                      -9-

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