Document:

<PAGE>   1
EXHIBIT 10.17

                          REGISTRATION RIGHTS AGREEMENT

     THIS REGISTRATION RIGHTS AGREEMENT (this "Agreement") is made as of August
16, 2000, by and among THE GOOD GUYS, INC., a Delaware corporation (the
"Company") and the persons listed on Schedule A hereto (collectively, the
"Purchasers").

                                R E C I T A L S:

     WHEREAS, the Purchasers have executed and delivered to the Company that
certain Stock and Warrant Purchase Agreement (the "Purchase Agreement") pursuant
to which they will purchase in a private placement (the "Offering") shares of
the $.001 par value per share common stock (the "Common Stock") of the Company
(the "Stock Purchase") and warrants to purchase Common Stock (the "Warrants");

     WHEREAS, pursuant to the Purchase Agreement, the Company will issue and
sell to the Purchasers shares of Common Stock and Warrants; and

     WHEREAS, as an inducement to and condition of the Purchasers consummating
the Stock Purchase, the Company desires to provide the Purchasers with the
registration under the Securities Act of 1933, as amended, of offers and resales
of Common Stock purchased by the Purchasers in the Offering (the "Primary
Shares") and Common Stock purchasable by the Purchasers upon exercise of the
Warrants (the "Warrant Shares").

     NOW, THEREFORE, in consideration of the recitals made above and the mutual
covenants and agreements stated herein, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties agree as follows:

     1. CERTAIN DEFINITIONS. As used in this Agreement, the following terms
shall have the following meanings:

     "Best Efforts" means the taking of all commercially reasonable steps to
cause or prevent any event or condition which would have been taken in similar
circumstances by a reasonably prudent business person engaged in a similar
business for the advancement or protection of his own economic interest in light
of the consequences of failure to cause or prevent the occurrence of such event
or condition.

                                      -1-
<PAGE>   2
     "Closing" means the closing of the Stock Purchase pursuant to the Purchase
Agreement.

     "Commission" means the Securities and Exchange Commission or any other
federal agency at the time administering the Securities Act.

     "Common Stock" has the meaning set forth in the recitals above.

     "Form S-3" means a registration statement on Form S-3 adopted by the
Commission under the Securities Act or any substantially similar form from time
to time in effect.

     "Holder" means any holder of outstanding Registrable Securities which have
not been sold to the public, but only if such holder is a Purchaser.

     "Primary Shares" has the meaning set forth in the recitals above.

     "Purchase Agreement" has the meaning set forth in recitals above.

     "Purchasers" has the meaning set forth in the preface above.

     "Register," "Registered" and "Registration" refer to a registration of the
offer and sale of securities pursuant to the Securities Act effected by
preparing and filing a Registration Statement (defined below) in compliance with
the Securities Act, and the declaration or ordering of the effectiveness of such
registration statement.

     "Registrable Securities" means (i) the Primary Shares issued to the
Purchasers pursuant to the Purchase Agreement; (ii) the Warrant Shares; (iii)
any Penalty Warrant Shares; and (iii) shares of Common Stock or shares or units
of other securities issued pursuant to any stock split, stock dividend,
reorganization, recapitalization, reclassification, or other distribution or
change in respect of the shares of the Common Stock.

     "Registration Expenses" means all expenses excluding Selling Expenses
incurred by the Company in effecting any Registration pursuant to this Agreement
and in complying with SECTION 2 and SECTION 3 of this Agreement, including,
without limitation, all registration, qualification and filing fees, printing
expenses, escrow fees, fees and disbursements of counsel for the Company and of
a single special counsel for the Holders (if different from the Company's
counsel), blue sky fees and expenses, and the expense of any special audits
incident to or required by any such Registration (but excluding the compensation
of regular employees of the Company which shall be paid in any event by the
Company).

                                      -2-

<PAGE>   3
     "Registration Statement" means a registration statement on a form
prescribed by the Commission for use in registering the offer and resale of
securities under the Securities Act.

     "Securities Act" means the Securities Act of 1933, as amended, or any
similar federal statute and the rules and regulations of the Commission
thereunder, all as the same shall be in effect from time-to-time.

     "Selling Expenses" means all underwriting discounts, selling commissions
and stock transfer taxes applicable to the sale of Registrable Securities
pursuant to a Registration Statement prepared pursuant to this Agreement.

     "Stock Purchase" has the meaning set forth in the recitals above.

     "Warrant" means a warrant to purchase Common Stock issued to a purchaser
pursuant to the Purchase Agreement.

     "Warrant Shares" has the meaning set forth in the recitals above.

     2. COVENANT TO EFFECT REGISTRATION.

         (a) Filing of Shelf Registration Statement. Subject to exceptions and
limitations described herein, the Company shall within six months of the date
hereof cause a Registration Statement to be filed with the Commission on Form
S-3, if available, or, if Form S-3 is not available for the Registration of the
Registrable Securities, on such form as may be prescribed by the Commission,
providing for the resale of the Primary Shares and the Warrant Shares. Such
Registration Statement shall contain all appropriate undertakings necessary to
comply with Rule 415 under the Securities Act pertaining to "shelf registration"
or delayed offerings of securities. The Company shall use its Best Efforts to
cause the Commission to declare such Registration Statement effective and to
maintain the effectiveness of such Registration Statement pursuant to SECTION 5
below. In the event the Commission will not permit such Registration Statement
to become effective because of the inclusion therein of Warrant Shares that
shall not have been issued at the time effectiveness of the Registration
Statement shall have been requested, then the Company shall file an amendment to
such Registration Statement covering the resale of only the Primary Shares and
shall use its Best Efforts to cause the Commission to declare such amended
Registration Statement effective and to maintain the effectiveness thereof
pursuant to SECTION 5 below.

         (b) Registration of Other Securities in Registration. Any Registration
Statement filed pursuant to SECTION 2(A) may include securities of the Company
other than Registrable Securities. The securities of the Company to be

                                      -3-

<PAGE>   4
registered may include shares held by the Holders, shares held by other
shareholders, or shares to be issued by the Company.

         (c) Blue Sky in Registration. In the event of any Registration pursuant
to this SECTION 2, the Company shall use its Best Efforts to register and/or
qualify the securities covered by the Registration Statement under such other
securities or Blue Sky laws of such jurisdictions as shall be reasonably
requested by the Holders participating in the Registration and as may be
reasonably appropriate for the distribution of such Registrable Securities,
provided, however, that notwithstanding anything in this Agreement to the
contrary, in the event any jurisdiction in which the securities shall be
qualified imposes a non-waivable requirement that expenses incurred in
connection with the qualification of the Registrable Securities be borne by
selling shareholders, the Holders shall pay their pro rata share of such
expenses.

     3. PIGGYBACK REGISTRATION. The provisions of this SECTION 3 shall apply
only with respect to Warrant Shares that are not Registered pursuant to SECTION
2 above and Penalty Warrant Shares issuable pursuant to SECTION 9 below.

         (a) Notice of Piggyback Registration. Subject to the exceptions and
limitations contained herein, if, at any time or from time-to-time, the Company
shall Register any of its securities, either for its own account or the account
of a security holder or holders other than (i) a Registration relating solely to
employee benefit plans, or (ii) a Registration relating solely to a transaction
described in Rule 145 under the Securities Act, the Company will: (i) promptly
give to each Holder written notice thereof (which notice shall include a list of
jurisdictions in which the Company intends to attempt to qualify such securities
under applicable Blue Sky or other state securities laws), and (ii) include in
such Registration (and any related registration and/or qualification under the
applicable Blue Sky or other state securities laws), and in any Underwritten
Offering pursuant to such Registration, all Registrable Securities specified in
a written request or requests delivered to the Company by any Holder within ten
(10) days after receipt of such written notice from the Company by such Holder.

         (b) Piggyback Registration in Underwritten Offerings.

              (i) Notice of Underwritten Offering. If the Registration of which
the Company gives notice is for an Underwritten Offering commenced at the
election of the Company (and not pursuant to the exercise of rights pursuant to
SECTION 2 hereof), the Company shall so advise the Holders as a part of the
written notice given pursuant to SECTION 3(A). In such event, the right of any
Holder to Registration shall be conditioned upon there being an Underwritten
Offering, and the inclusion of such Holder's Registrable Securities in such
Registration and

                                      -4-

<PAGE>   5
Underwritten Offering to the extent provided in and in compliance with this
SECTION 3. All Holders proposing to distribute their securities through such
Underwritten Offering shall (together with the Company and any other holders
distributing securities through such underwriting) enter into an underwriting
agreement containing the terms and conditions agreed to by the Company. The
Holders shall have no right to participate in the selection of underwriters for
an offering pursuant to this SECTION 3.2.

              (ii) Marketing Limitation in Piggyback Registration. In the event
the representative of the underwriters in any Underwritten Offering advises the
Company in writing that market factors (including, without limitation, the
aggregate number of shares of Common Stock requested to be Registered, the
general condition of the market, and the status of the persons proposing to sell
securities in the Underwritten Offering) require a limitation of the shares to
be offered and sold in the Underwritten Offering, then the number of shares to
be excluded from the Underwritten Offering shall be determined in the following
order: (i) first, securities held by persons who are not contractually entitled
to include securities in the Registration; and (ii) second, securities that are
contractually entitled to be included in the Registration including securities
Registrable pursuant to this SECTION 3. Any partial reduction in the number of
shares or securities included in the Underwritten Offering affecting any of the
two (2) classes set forth in the immediately preceding sentence shall be
allocated among the persons in any such class pro rata, as nearly as
practicable, based on the number of Registrable Securities held by each person
and included in the Registration as a percentage of the aggregate Registrable
Securities held by all persons and included in the Registration.

              (iii) Withdrawal in Piggyback Registration. If any Holder who
shall exercise piggyback registration rights pursuant to this SECTION 3 shall
disapprove of the proposed terms of any Underwritten Offering, he may elect to
withdraw therefrom by written notice to the Company and the underwriters
delivered at least two (2) days prior to the effective date of the Registration
Statement. Any Registrable Securities or other securities excluded or withdrawn
from such Underwritten Offering shall be withdrawn from such Registration.

         (c) Blue Sky in Piggyback Registration. In the event of any
Registration of Registrable Securities pursuant to SECTION 3, the Company will
use its best efforts to register and/or qualify the securities covered by the
Registration Statement under the securities or Blue Sky laws of such
jurisdictions as shall be reasonably appropriate for the distribution of the
Registrable Securities.

                                      -5-

<PAGE>   6

         (d) Right to Terminate Registration. The Company shall have the right
to terminate or withdraw any Registration initiated by it that triggers
piggyback registration rights pursuant to this SECTION 3 prior to the
effectiveness of such Registration, whether or not any Holder has elected to
include securities in such registration.

     4. EXPENSES OF REGISTRATION. All Registration Expenses incurred in
connection with any registration pursuant to SECTION 2 and SECTION 3 shall be
borne by the Company. All Selling Expenses shall be allocated among the persons
participating in any Registration based, in an Underwritten Offering, on the
relative gross proceeds allocable to each such person and, in a non-Underwritten
Offering, based on the Selling Expenses actually incurred with respect to the
sale of Registrable Securities of each person whose shares were included in the
Registration.

     5. REGISTRATION PROCEDURES. The Company will keep each Holder whose
Registrable Securities are included in any Registration pursuant to this
Agreement advised in writing as to the initiation and completion of such
registration. The Company shall cause any registration statement filed pursuant
to SECTION 2(a) above to comply with the requirements of Rule 415 and shall use
its best efforts to comply with the undertakings required thereby to qualify the
registration as a "shelf registration" pursuant to Rule 415. At its expense, the
Company shall: (a) use its best efforts to keep such Registration Statement
effective for so long as the Holder or Holders whose Registrable Securities are
included in the Registration Statement are subject to the volume or manner of
resale restrictions set forth in Rule 144 under the Securities Act or until the
Holder or Holders have completed the distribution described in the Registration
Statement relating thereto, whichever first occurs; (b) furnish such number of
prospectuses (including preliminary prospectuses) and other documents as a
Holder from time-to-time reasonably may request; (c) prepare and file with the
Commission such amendments and supplements to such Registration Statement and
the prospectus used in connection with such Registration Statement as may be
necessary to comply with the provisions of the Securities Act with respect to
the disposition of all Registrable Securities covered by such Registration
Statement; (d) notify each seller of Registrable Securities covered by such
Registration Statement at any time when a prospectus relating thereto is
required to be delivered under the Securities Act of the happening of any event
as a result of which the prospectus included in such Registration Statement, as
then in effect, includes an untrue statement of a material fact or omits to
state a material fact required to be stated therein or necessary to make the
statements therein not misleading or incomplete in the light of the
circumstances then existing, and at the request of any such seller, prepare and
furnish to such seller a reasonable number of copies of a supplement to or an

                                      -6-

<PAGE>   7
amendment of such prospectus as may be necessary so that, as thereafter
delivered to the purchasers of such shares, such prospectus shall not include an
untrue statement of a material fact or omit to state a material fact required to
be stated therein or necessary to make the statements therein not misleading or
incomplete in the light of the circumstances then existing; (e) cause all such
Registrable Securities registered on such Registration Statement to be listed on
each securities exchange or automated quotation service (including the National
Market of The Nasdaq Stock Market) on which similar securities issued by the
Company are then listed; (f) provide a transfer agent and registrar for all
Registrable Securities registered pursuant to such Registration Statement and a
CUSIP number for all such Registrable Securities, in each case not later than
the effective date of such Registration; and (g) otherwise use its Best Efforts
to comply with all applicable rules and regulations of the Commission, and make
available to its security holders, as soon as reasonably practicably, an
earnings statement covering the period of at least twelve months, but not more
than eighteen months, beginning with the first month after the effective date of
the Registration Statement, which earnings statement shall satisfy the
provisions of Section 11(a) of the Securities Act.

     6. INFORMATION FURNISHED BY HOLDER. It shall be a condition precedent to
the Company's obligations under this Agreement that each Holder of Registrable
Securities included in any Registration furnish to the Company such information
regarding such Holder and the distribution proposed by such Holder or Holders as
the Company may reasonably request in writing and as shall be reasonably
required.

     7. INDEMNIFICATION.

        (a) Company's Indemnification of Holders. The Company shall indemnify
and hold harmless each Holder, each of its agents, legal counsel and accountants
and each (i) person controlling such Holder within the meaning of Section 15 of
the Securities Act ("Controlling Person"); and (ii) each underwriter and each
Controlling Person of such underwriter, with respect to which Registration,
qualification or compliance of Registrable Securities has been effected pursuant
to this Agreement against all claims, losses, damages, expenses or liabilities
(or actions in respect thereof) to the extent such claims, losses, damages,
expenses or liabilities (or actions, proceedings or settlements in respect
thereto) arise out of or are based upon any untrue statement (or alleged untrue
statement) of a material fact contained in any prospectus or other document
prepared by the Company (including any related Registration Statement
notification or the like) incident to any such Registration, qualification or
compliance, or are based on any omission (or alleged omission) to state therein
a

                                      -7-

<PAGE>   8
material fact required to be stated therein or necessary to make the
statements therein not misleading, or any violation by the Company of the
Securities Act or any rule or regulation promulgated under the Securities Act
applicable to the Company and relating to action or inaction required of the
Company in connection with any such Registration, qualification or compliance;
and the Company will reimburse each such indemnified party and each Controlling
Person, for any legal and any other expenses reasonably incurred in connection
with investigating, defending or settling any such claim, loss, damage,
liability or action; provided, however, that the indemnity contained in this
Section 7(a) shall not apply to amounts paid in settlement of any such claim,
loss, damage, liability or action if settlement is effected without the consent
of the Company; and provided, further, that the Company will not be liable in
any such case to the extent that any such claim, loss, damage, liability or
expense arises out of or is based upon any untrue statement or omission based
upon written information furnished to the Company by such Holder, Controlling
Person of such Holder and stated to be specifically for use therein, in which
case such Holder or Controlling Person of such Holder shall likewise indemnify
the Company.

        (b) Indemnification Procedure. Promptly after receipt by an indemnified
party under this SECTION 7 of notice of the commencement of any action, such
indemnified party will, if a claim in respect thereof is to be made against an
indemnifying party under this SECTION 7, notify the indemnifying party in
writing of the commencement thereof and generally summarize such action. The
indemnifying party shall have the right to participate in and to assume the
defense of such claim; provided, however, that the indemnifying party shall be
entitled to select counsel for the defense of such claim with the approval of
any parties entitled to indemnification, which approval shall not be
unreasonably withheld; provided further, however, that if either party
reasonably determines that there may be a conflict between the position of the
Company and the Holders in conducting the defense of such action, suit or
proceeding by reason of recognized claims for indemnity under this SECTION 7,
then counsel for such party shall be entitled to conduct the defense to the
extent reasonably determined by such counsel to be necessary to protect the
interest of such party. The failure to notify an indemnifying party promptly of
the commencement of any such action, if prejudicial to the ability of the
indemnifying party to defend such action, shall relieve such indemnifying party,
to the extent so prejudiced, of any liability to the indemnified party under
this SECTION 7, but the omission so to notify the indemnifying party will not
relieve such party of any liability that such party may have to any indemnified
party otherwise other than under this SECTION 7.

     8. MARKET STAND-OFF. In consideration of the granting to the Purchaser of
the registration rights pursuant to this Agreement, each of them agrees that,
for so

                                      -8-

<PAGE>   9
long as such Holder holds Common Stock, except as permitted by SECTION 2 and
SECTION 3 above, such Holder will not sell, transfer or otherwise dispose of,
including, without limitation, through the use of any put or call option,
short sale or other derivative arrangement, shares of Common Stock in the ten
days prior to the effectiveness of any Registration Statement (other than a
registration statement on Form S-8 or Form S-4, or any successor form) with
respect to shares of Common Stock pursuant to which such Common Stock will be
offered for sale to the public (except pursuant to the Registration Statements
described in SECTION 2 or SECTION 3 above), and for up to one hundred eighty
(180) days following the effectiveness of such Registration Statement, provided
that the underwriters of any such offering shall reasonably request that the
Stockholders be bound by such restrictions.

     9. MISCELLANEOUS.

        9.1 Assignment. Except as otherwise provided in this Agreement, the
terms and conditions of this Agreement shall inure to the benefit of and be
binding upon the respective successors and assigns of the parties to this
Agreement.

        9.2 Third Parties. Nothing in this Agreement, express or implied, is
intended to confer upon any party, other than the parties to this Agreement, and
their respective successors and assigns, any rights, remedies, obligations or
liabilities under or by reason of this Agreement, except as expressly provided
in this Agreement.

        9.3 Governing Law. This Agreement shall be governed by and construed
under the laws of the State of Delaware in the United States of America without
giving effect to the conflicts of laws principles thereof.

        9.4 Counterparts. This Agreement may be executed in counterparts, each
of which shall be deemed an original, but all of which together shall constitute
one and the same instrument.

        9.5 Notices. All notices, requests, demands, claims, and other
communications hereunder shall be in writing and shall be given by registered or
certified mail, return receipt requested, postage prepaid, by telecopier or by
national overnight delivery service, and addressed to the intended recipient as
set forth below

     IF TO THE COMPANY:

     The Good Guys, Inc.
     7000 Marina Boulevard

                                      -9-

<PAGE>   10
     Brisbane, CA 94005
     Attention:  Chief Executive Officer
     Facsimile:  (650) 615-6291

     IF TO THE PURCHASER:

     At the last known address appearing on the books of the Company maintained
for such purpose.

Any notice given in the manner aforesaid shall be deemed to have been served,
and shall be effective for all purposes hereof if sent by registered or
certified mail, on the earlier of the second day following the day on which it
is posted or the date of its receipt by the party to be notified, if sent by
telecopier, the day actually received as evidenced by a written receipt of
transmission and if sent by overnight delivery service, the day after such
notice has been delivered by the party to said service. Any Party may change the
address to which notices, requests, demands, claims, and other communications
hereunder are to be delivered by giving the other Party notice in the manner
herein set forth.

        9.6 Severability. If one or more provisions of this Agreement are held
to be unenforceable under applicable law, portions of such provisions, or such
provisions in their entirety, to the extent necessary, shall be severed from
this Agreement, and the balance of this Agreement shall be enforceable in
accordance with its terms.

        9.7 Amendment and Waiver. Any provision of this Agreement may be
amended or waived with the written consent of the Company and the Holders of at
least a majority of the outstanding shares of the Registrable Securities, so
long as the effect is to treat all Holders equally. Any amendment or waiver of
this Agreement shall require the written consent of any Holder who is
disproportionately adversely affected by such amendment or waiver. Any amendment
or waiver effected in accordance with this paragraph shall be binding upon each
Holder of Registrable Securities and the Company. In addition, the Company may
waive performance of any obligation owing to it, as to some or all of the
Holders of Registrable Securities, or agree to accept alternatives to such
performance, without obtaining the consent of any Holder of Registrable
Securities. In the event that an underwriting agreement is entered into between
the Company and any Holder, and such underwriting agreement contains terms
differing from this Agreement, as to any such Holder the terms of such
underwriting agreement shall govern.

        9.8 Effect of Amendment or Waiver. The Purchasers and their successors
and assigns acknowledge that by the operation of SECTION 9.7 of this

                                      -10-

<PAGE>   11

Agreement the holders of a majority of the outstanding Registrable Securities,
acting in conjunction with the Company, will have the right and power to
diminish or eliminate any or all rights or increase any or all obligations
pursuant to this Agreement.

        9.9 Rights of Holders. Each holder of Registrable Securities shall have
the absolute right to exercise or refrain from exercising any right or rights
that such holder may have by reason of this Agreement, including, without
limitation, the right to consent to the waiver or modification of any obligation
under this Agreement, and such holder shall not incur any liability to any other
holder of any securities of the Company as a result of exercising or refraining
from exercising any such right or rights.

        9.10 Delays or Omissions. No delay or omission to exercise any right,
power or remedy accruing to any party to this Agreement, upon any breach or
default of the other party, shall impair any such right, power or remedy of such
non-breaching party nor shall it be construed to be a waiver of any such breach
or default, or an acquiescence therein, or of or in any similar breach or
default thereafter occurring; nor shall any waiver of any single breach or
default be deemed a waiver of any other breach or default theretofore or
thereafter occurring. Any waiver, permit, consent or approval of any kind or
character on the part of any party of any breach or default under this
Agreement, or any waiver on the part of any party of any provisions or
conditions of this Agreement, must be made in writing and shall be effective
only to the extent specifically set forth in such writing. All remedies, either
under this Agreement, or by law or otherwise afforded to any holder, shall be
cumulative and not alternative.

            [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]

                                      -11-
<PAGE>   12
     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

                                              COMPANY:

                                              THE GOOD GUYS, INC.

                                              By: /s/ Ronald A. Unkefer
                                                  ----------------------------
                                              Title:  Chairman and CEO

THE SIGNATURE OF THE PURCHASE AGREEMENT BY EACH PURCHASER IS INTENDED AS A
SIGNATURE OF THIS REGISTRATION RIGHTS AGREEMENT.

                                      -12-<PAGE>   1
EXHIBIT 10.18

               THIS WARRANT (THIS "WARRANT") HAS NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR APPLICABLE STATE
SECURITIES LAWS. THIS WARRANT MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR
HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THIS
WARRANT UNDER SAID ACT AND APPLICABLE STATE SECURITIES LAWS OR AN OPINION OF
COUNSEL REASONABLY SATISFACTORY TO THE GOOD GUYS, INC. (THE "COMPANY") THAT SUCH
REGISTRATION IS NOT REQUIRED.

Warrant Certificate No. ____
August __, 2000

                   WARRANT TO PURCHASE SHARES OF COMMON STOCK
                                       OF
                               THE GOOD GUYS, INC.

               This certifies that ____________________, or its successors or
assigns (the "Holder"), is entitled, subject to the terms set forth below, at
any time during the Exercise Period (defined in Section 3 hereof) to purchase
from THE GOOD GUYS, INC., a Delaware corporation, up to
____________________________ (___________) fully paid and non-assessable shares
(the "Warrant Shares") of the Company's Common Stock, par value $.001 per share
(the "Common Stock"), at the purchase price per Warrant Share
of_________________________________ ($_______) DOLLARS (the "Purchase Price").
The number of Warrant Shares issuable upon exercise of this Warrant and the
Purchase Price per Warrant Share shall be subject to adjustment from time to
time as provided in Section 4 hereto.

1.      THIS WARRANT. This Warrant is issued to the Holder in connection with
        that certain Stock Purchase Agreement, dated as of August 16, 2000, by
        and among the persons listed on the signature page thereto (the "Stock
        Purchase Agreement"). This Warrant does not entitle the Holder to any
        rights as a stockholder of the Company, except as set forth herein.

2.      EXERCISE. During the period beginning on the date hereof and ending on
        the third (3rd) anniversary hereof (the "Exercise Period"), this Warrant
        may be exercised at an exercise price of $4.6406 per Warrant Share (the
        "Exercise Price"). The Warrant may be exercised at any time on any
        business day for
<PAGE>   2
        all or part of the Warrant Shares issuable hereunder by surrendering
        this Warrant at the principal office of the Company at 7000 Marina
        Boulevard, Brisbane, California 94005 (or at such other office of the
        Company in the United States as the Company may designate from time to
        time by notice in writing to the Holder), with the subscription form
        attached hereto fully executed, together with payment in cash or
        immediately available funds in the amount equal to the Purchase Price.

3.      PARTIAL EXERCISE. This Warrant may, in accordance with the provisions of
        this Section 3, be exercised for less than the full number of Warrant
        Shares. Upon any partial exercise, this Warrant shall be surrendered and
        a new Warrant of the same tenor and for the purchase of that number of
        Warrant Shares not purchased upon such partial exercise shall be issued
        by the Company to the Holder. A Warrant shall be deemed to have been
        exercised immediately prior to the close of business on the date of its
        surrender for exercise as provided above, and the person entitled to
        receive the Warrant Shares issuable upon exercise shall be treated for
        all purposes as the holder of such shares of record as of the close of
        business on such date. As soon as practicable on or after such date, and
        in any event within five (5) business days, the Company shall issue and
        deliver to the person or persons entitled to receive the Warrant Shares
        a certificate or certificates for the full number of Warrant Shares
        issuable upon such exercise.

4.      ADJUSTMENTS.

        4.1 ADJUSTMENTS TO WARRANT RIGHTS. The number of Warrant Shares for
which Warrants are exercisable, and the Warrant Price of such shares shall be
subject to adjustment from time to time as set forth in this Section 5.

        4.2 STOCK DIVIDENDS, SUBDIVISIONS AND COMBINATIONS. If at any time the
Company shall:

                (a) take a record of the holders of its Common Stock for the
purpose of entitling them to receive a dividend payable in, or other
distribution of, additional shares of Common Stock,

                (b) subdivide its outstanding shares of Common Stock into a
larger number of shares of Common Stock, or

                (c) combine its outstanding shares of Common Stock into a
smaller number of shares of Common Stock,
<PAGE>   3
        then (i) the number of Warrant Shares for which a Warrant is exercisable
immediately prior to the occurrence of any such event shall be adjusted to equal
the number of shares of Common Stock which a record holder of the same number of
shares of Common Stock for which a Warrant is exercisable immediately prior to
the occurrence of such event would own or be entitled to receive after the
happening of such event and (ii) the Warrant Price immediately prior to the
occurrence of such event shall be adjusted to equal the product of the Warrant
Price multiplied by a fraction, the numerator of which shall be the number of
Warrant Shares for which a Warrant is exercisable immediately prior to the
adjustment and the denominator of which shall be the number of Warrant Shares
for which a Warrant is exercisable immediately after such adjustment.

        4.3 OTHER DIVIDENDS AND DISTRIBUTIONS. If the Company shall make or fix
a record date for the holders of Common Stock entitled to receive a dividend or
other distribution payable in securities of the Company other than shares of
Common Stock, then lawful and adequate provision shall be made so that Holder
shall be entitled to receive upon exercise of the Warrants, for the aggregate
Warrant Price in effect prior thereto, in addition to the number of Warrant
Shares immediately theretofore issuable upon exercise of the Warrants, the kind
and number of securities of the Company which Holder would have owned and been
entitled to receive had the Warrants been exercised immediately prior to that
date (pro rated in the case of any partial exercise).

        4.4 RECLASSIFICATION, EXCHANGE AND SUBSTITUTION. If the Common Stock is
changed into the same or a different number of shares of any class or classes of
stock, whether by reclassification, exchange, substitution or otherwise (other
than a subdivision or combination of shares, stock dividend or a reorganization,
recapitalization, merger, consolidation or sale of assets, each as provided for
elsewhere in this Section 5) then the Holder of the Warrants shall be entitled
to receive upon exercise of the Warrants, in lieu of the Warrant Shares
immediately theretofore issuable upon exercise of the Warrants, for the
aggregate Warrant Price in effect prior thereto, the kind and amount of stock
and other securities and property receivable upon such reclassification,
exchange, substitution or other change, which Holder would have been entitled to
receive had the Warrants been exercised immediately prior to such
reclassification, exchange, substitution or change (pro rated in the case of any
partial exercise).

        4.5 LIQUIDATION. If the Company shall, at any time, prior to the
expiration of the Warrants, dissolve, liquidate or wind up its affairs, Holder
shall have the right, but not the obligation, to exercise the Warrants. Upon
such exercise, Holder shall have the right to receive, in lieu of the shares of
Common Stock that Holder otherwise would have been entitled to receive upon such
<PAGE>   4
exercise, the same kind and amount of assets as would have been issued,
distributed or paid to Holder upon any such dissolution, liquidation or winding
up with respect to such shares of Common Stock had Holder been the holder of
record of such shares of Common Stock receivable upon exercise of the Warrants
on the date for determining those entitled to receive any such distribution. If
any such dissolution, liquidation or winding up results in any cash distribution
in excess of the Warrant Price, Holder may, at Holder's option, exercise the
Warrants without making payment of the applicable Warrant Price and, in such
case, the Company shall, upon distribution to Holder, consider the applicable
Warrant Price per Warrant Share to have been paid in full, and in making
settlement to Holder shall deduct an amount equal to the applicable Warrant
Price from the amount payable to Holder.

        4.6 REORGANIZATIONS, MERGERS, CONSOLIDATIONS OR SALES OF ASSETS. If any
of the following transactions (each, a "Special Transaction") shall become
effective: (a) a capital reorganization or recapitalization (other than a
dividend or other distribution, subdivision, combination, reclassification,
substitution or exchange of shares provided for elsewhere in this Section 5),
(b) a consolidation or merger of the Company with and into another entity (where
the Company is not the surviving corporation or where there is a change in, or
distribution with respect to, the Common Stock), or (c) a sale or conveyance of
all or substantially all of the Company's assets, then, as a condition of the
Special Transaction, lawful and adequate provision shall be made so that Holder
shall thereafter have the right to purchase and receive upon exercise of the
Warrants, in lieu of the Warrant Shares immediately theretofore issuable upon
exercise of the Warrants, for the aggregate Warrant Price in effect immediately
prior to such consummation, such shares of stock, other securities, cash or
other assets ("Other Property") as may be issued or paid pursuant to the terms
of such Special Transaction to the holders of shares of Common Stock for which
such Warrants could have been exercised immediately prior to such Special
Transaction (pro rated in the case of any partial exercise). In connection with
any Special Transaction, appropriate provision shall be made with respect to the
rights and interests of Holder to the end that the provisions of the Warrants
(including without limitation provisions for adjustment of the Warrant Price and
the number of Warrant Shares issuable upon the exercise of the Warrants), shall
thereafter be applicable, as nearly as may be practicable, to any Other Property
thereafter deliverable upon the exercise of the Warrants. The Company shall not
effect any Special Transaction unless prior to, or simultaneously with, the
closing, the successor entity (if other than the Company), if any, resulting
from such consolidation or merger or the entity acquiring such assets shall
assume by a written instrument executed and mailed by certified mail or
delivered to Holder at the address of Holder appearing on the books of the
Company, the obligation of
<PAGE>   5
the Company or such successor corporation to deliver to Holder such Other
Property, as in accordance with the foregoing provisions, which Holder shall
have the right to purchase.

        4.7 NOTICE. Whenever the Warrants or the number of Warrant Shares
issuable hereunder is to be adjusted as provided herein or a dividend or
distribution (in cash, stock or otherwise and including, without limitation, any
distributions under Section 4.5) is to be declared by the Company, or a
definitive agreement with respect to a Special Transaction has been entered
into, the Company shall forthwith cause to be sent to the Holder at the last
address of the Holder shown on the books of the Company, by first-class mail,
postage prepaid, at least 5 business days prior to the record date specified in
Section 4.7(a)(i) below or at least 10 business days before the date specified
in Section 4.7(b) and Section 4.7(a)(ii) below, a notice stating in reasonable
detail the relevant facts and any resulting adjustments and the calculation
thereof, if applicable, and stating (if applicable):

                (a) the date to be used to determine (i) which holders of Common
Stock will be entitled to receive notice of such dividend, distribution,
subdivision or combination (the "Record Date"), and (ii) the date as of which
such dividend, distribution, subdivision or combination shall be made; or, if a
record is not to be taken, the date as of which the holders of Common Stock of
record to be entitled to such dividend, distribution, subdivision or combination
are to be determined (provided, that in the event the Company institutes a
policy of declaring cash dividends on a periodic basis, the Company need only
provide the relevant information called for in this Section 4.7(a) with respect
to the first cash dividend payment to be made pursuant to such policy and
thereafter provide only notice of any changes in the amount or the frequency of
any subsequent dividend payments), or

                (b) the date on which a Special Transaction is expected to
become effective, and the date as of which it is expected that holders of Common
Stock of record shall be entitled to exchange their shares of Common Stock for
securities or other property deliverable upon consummation of the Special
Transaction (the "Exchange Date").

        4.8 FRACTIONAL INTERESTS. The Company shall not be required to issue
fractions of shares of Common Stock upon the exercise of a Warrant. If any
fraction of a share of Common Stock would be issuable upon the exercise of a
Warrant, the Company shall, upon such issuance, purchase such fraction for an
amount in cash equal to the current value of such fraction, computed on the
basis of the Current Market Price on the last business day prior to the date of
exercise.
<PAGE>   6

5.      PAYMENT OF TAXES. All Warrant Shares shall be validly issued, fully paid
        and nonassessable and free of claims of preemptive rights, and the
        Company shall pay all issuance taxes and similar governmental charges
        that may be imposed in respect of the issue or delivery thereof, but in
        no event shall the Company pay a tax on or measured by the net income or
        gain attributed to such exercise. Notwithstanding the foregoing, the
        Company shall not be required to pay any tax which may be payable in
        respect of any transfer involved in the issuance and delivery of any
        certificate in a name other than that of the Holder, and the Company
        shall not be required to issue or deliver any such certificate unless
        and until the Holder shall have paid to the Company the amount of such
        tax or shall have established to the satisfaction of the Company that
        such tax has been paid.

6.      TRANSFER AND EXCHANGE. This Warrant shall be transferable in whole or in
        part, except as otherwise provided herein and except that the Holder
        hereof represents that it is acquiring this Warrant for its own account
        and for the purpose of investment and not with a view to any
        distribution or resale thereof within the meaning of the Securities Act.
        The Holder further agrees that it will not sell, assign or transfer any
        of this Warrant unless this Warrant shall have been registered for sale
        under the Securities Act or until the Company shall have received from
        counsel for the Holder an opinion to the effect that the proposed sale
        or other transfer of this Warrant by the Holder may be effected without
        such registration. The Holder acknowledges that, in taking this
        unregistered Warrant, it must continue to bear the economic risk of its
        investment for an indefinite period of time because of the fact that
        such Warrant has not been registered under the Securities Act and
        further realizes that such Warrant cannot be sold unless it is
        subsequently registered under the Securities Act or an exception from
        such registration is available. The Holder also acknowledges that
        appropriate legends reflecting the status of this Warrant under the
        Securities Act may be placed on the face of this Warrant certificate at
        the time of their transfer and delivery to the Holder hereof. The
        transfer of Warrant Shares issuable upon exercise of this Warrant is
        governed by Section 10 hereof.

7.      LOSS OR MUTILATION. On receipt of evidence reasonably satisfactory to
        the Company of the loss, theft, destruction or mutilation of this
        Warrant or a replacement hereof and, in the case of any such loss, theft
        or destruction, on delivery of an indemnity agreement or security
        reasonably satisfactory in form and amount to the Company or, in the
        case of any such mutilation, on surrender and cancellation of this
        Warrant or a replacement, the Company at its expense will execute and
        deliver in lieu thereof, a new warrant of like tenor.
<PAGE>   7
8.      RESERVATION OF STOCK. The Company will at all times reserve and keep
        available, solely for issuance and delivery on the exercise of this
        Warrant, all Warrant Shares from time to time issuable upon the exercise
        of this Warrant and all shares of the Common Stock from time to time
        issuable upon the conversion of the Warrant Shares issuable upon the
        exercise of this Warrant.

9.      NEGOTIABILITY. This Warrant is issued upon the following terms, to all
        of which the Holder, by the taking hereof, consents and agrees:

                (a) this Warrant is subject to the terms and provisions of the
Stock Purchase Agreement;

                (b) title to this Warrant may be transferred by endorsement (by
the Holder executing the form of assignment at the end hereof) and delivery in
the same manner as in the case of a negotiable instrument transferable by
endorsement and delivery and any person in possession of this Warrant properly
endorsed is authorized to represent himself as absolute owner hereof and is
empowered to transfer absolute title hereto by endorsement and delivery hereof
to a bona fide purchaser hereof for value; each prior taker or owner waives and
renounces all of his equities or right in this Warrant in favor of each such
bona fide purchaser, and each such bona fide purchaser shall acquire absolute
title hereto and to all rights represented hereby;

                (c) until this Warrant is transferred on the books of the
Company, the Company may treat the registered Holder hereof as the absolute
owner hereof for all purposes, notwithstanding any notice to the contrary; and

                (d) the Holder, by its acceptance hereof, represents that it is
acquiring this Warrant for investment purposes only and that it does not have
any present intention to resell this Warrant or to sell or distribute any
Warrant Shares for which this Warrant may be exercised.

10.     NOTICES. All notices and other communications from the Company to the
        Holder shall be mailed by first class registered or certified mail,
        postage prepaid, or sent by express overnight courier service or
        electronic facsimile transmission (with a copy by mail) at the address
        furnished to the Company in writing by the last Holder of this Warrant
        who shall have furnished an address to the Company in writing.

11.     CHANGE; WAIVER. This Warrant and any term hereof may be changed, waived,
        discharged or terminated only by an instrument in writing signed by
<PAGE>   8
        the party against which enforcement of such change, waiver, discharge or
        termination is sought.

12.     HEADINGS. The headings in this Warrant are for purposes of convenience
        of reference only and shall not be deemed to constitute a part hereof.

13.     LAW GOVERNING. This Warrant shall be construed and enforced in
        accordance with and governed by the internal laws of Delaware, without
        reference to the conflicts of laws provisions in effect therein.

               IN WITNESS WHEREOF, the Company has executed this Warrant under
seal as of the date first written above.

                                       THE GOOD GUYS, INC.

                                       By:
                                           Name: Ronald Unkefer
                                           Title: Chairman and Chief
                                               Executive Officer
<PAGE>   9
                                FORM OF EXERCISE
                   (To be signed only on exercise of Warrant)

TO: THE GOOD GUYS, INC.

               The undersigned, the holder of the Warrant attached hereto,
hereby irrevocably elects to exercise this Warrant for, and to purchase
thereunder, ___________ shares of the Common Stock of THE GOOD GUYS, INC., and
herewith makes payment of $______________ therefor, and requests that the
certificates for such shares be issued in the name of, and delivered to
__________________________ whose address is
____________________________________.

Dated: ___________________        ______________________________________________
                                  (Signature must conform to name of Holder as
                                   specified on the face of the Warrant)

                                  ______________________________________________
                                                    (Address)
<PAGE>   10
                               FORM OF ASSIGNMENT
                   (To be signed only on transfer of Warrant)

               For value received, the undersigned hereby sells, assigns, and
transfers unto ________________________________ the right represented by the
Warrant attached hereto to purchase ___________ shares of Common Stock of THE
GOOD GUYS, INC. to which the within Warrant relates, and appoints
____________________________________ Attorney-In-Fact to transfer such right on
the books of THE GOOD GUYS, INC. with full power of substitution in the
premises.

Dated: ___________________        ______________________________________________
                                  (Signature must conform to name of Holder as
                                   specified on the face of the Warrant)

                                  ______________________________________________
                                                    (Address)

Signed in the presence of:

_________________________________
<PAGE>   11
                                    EXHIBIT A

                                 EXERCISE NOTICE

               [To be executed only upon exercise of the Warrant]

        The undersigned registered owner of this Warrant irrevocably exercises
this Warrant for the purchase of the number of shares of Common Stock of The
Good Guys, Inc. (the "COMPANy") as is set forth below, and herewith makes
payment therefor, all at the price and on the terms and conditions specified in
the attached Warrant Certificate and requests that certificates for the shares
of Common Stock hereby purchased (and any securities or other property issuable
upon such exercise) be issued in the name of and delivered to the person
specified below whose address is set forth below, and, if such shares of Common
Stock shall not include all of the shares of Common Stock now and hereafter
issuable as provided in the attached Warrant Certificate, then the Company
shall, at its own expense, promptly issue to the undersigned a new Warrant
Certificate of like tenor and date for the balance of the shares of Common Stock
issuable thereunder.

Date: ____________________

Amount of Shares Purchased: _____________________

Aggregate Purchase Price: $ _____________________

Printed Name of Registered Holder: _________________________________

Signature of Registered Holder: ____________________________________

NOTICE:         The signature on this Exercise Notice must correspond with the
                name as written upon the face of the attached Warrant
                Certificate in every particular, without alteration or
                enlargement or any change whatsoever.

        Stock Certificates to be issued and registered in the following name,
and delivered to the following address:

                                    ____________________________________________
                                    (Name)

                                    ____________________________________________
                                    (Street Address)

                                    ____________________________________________
                                    (City)           (State)         (Zip Code)

                                     - 2 -
<PAGE>   12
                                    EXHIBIT B

                                ASSIGNMENT NOTICE

               [To be executed only upon transfer of the Warrant]

        FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers
unto the person named below, whose address is set forth below, the rights
represented by the attached Warrant Certificate to purchase the number of shares
of the Common Stock of The Good Guys, Inc. (the "COMPANY") as is set forth
below, to which the attached Warrant Certificates relates, and appoints
_________________ attorney to transfer such rights on the books of the Company
with full power of substitution in the premises. If such shares of Common Stock
of the Company shall not include all of the shares of Common Stock now and
hereafter issuable as provided in the attached Warrant Certificate, then the
Company, at its own expense, shall promptly issue to the undersigned a new
Warrant Certificate of like tenor and date for the balance of the Common Stock
issuable thereunder.

Date: ____________________

Amount of Shares Purchased: _____________________

Aggregate Purchase Price: $ _____________________

Printed Name of Registered Holder: _________________________________

Signature of Registered Holder: ____________________________________

NOTICE:         The signature on this Assignment Notice must correspond with the
                name as written upon the face of the attached Warrant
                Certificate in every particular, without alteration or
                enlargement or any change whatsoever.

        The Warrant Certificate for transferred Warrants is to be issued and
registered in the following name, and delivered to the following address:

                                    ____________________________________________
                                    (Name)

                                    ____________________________________________
                                    (Street Address)

                                    ____________________________________________
                                    (City)           (State)         (Zip Code)

                                     - 3 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00014-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00014-of-00352.parquet"}]]