Amendment to Revolving Credit Facility Agreement between BNP Paribas and Infogrames, Inc. (November 30, 2001)

Summary

This agreement amends a previous credit facility between BNP Paribas and Infogrames, Inc., adjusting the maximum amounts available for borrowing over specific periods until May 31, 2002. Infogrames can borrow up to $35 million initially, with the available amount decreasing monthly until the maturity date. Infogrames must repay any excess borrowings as the available limit decreases and pay a $15,000 facility fee. All outstanding amounts must be repaid by the final maturity date. The amended agreement remains otherwise unchanged and in effect.

EX-10.2 4 y57534ex10-2.txt LETTER AGREEMENT Exhibit 10.2 [BNP PARIBAS LOGO] November 30, 2001 Infogrames, Inc. 417 Fifth Avenue New York, NY 10016 Gentlemen: Reference is made to our letter agreement dated June 14, 2001, as amended on September 14, 2001, pursuant to which we are making available to you a committed revolving credit facility for up to $35,000,000 (the "Letter Agreement"). In this connection, we hereby further amend the Letter Agreement as follows: 1. Paragraph 1 is hereby deleted and replaced by the following paragraph 1: "1. Amount, Availability and Maturity. We will make available to you until May 31, 2002 (the "Maturity Date"), a credit facility for up to the following aggregate principal amounts outstanding at any one time within the following periods: Maximum From To Amount Available November 30, 2001 January 31, 2002 $35,000,000 February 1, 2002 February 28, 2002 $30,000,000 March 1, 2002 March 31, 2002 $25,000,000 April 1, 2002 April 30, 2002 $20,000,000 May 1, 2002 May 31, 2002 $15,000,000 Each of the above maximum amounts available is hereinafter referred to as the "Applicable Total Commitment"." 2. In paragraph 2, subparagraph (d) is hereby deleted and replaced by the following subparagraph (d): "(d) On the last day of each Applicable Total Commitment, you will repay to us the amount, if any, by which the aggregate principal of your outstanding borrowings hereunder exceeds the next Applicable Total Commitment. Accordingly, you may not borrow for such periods which mature beyond the last day of the then current Applicable Total Commitment, if such borrowings should cause the aggregate principal amount of your outstanding borrowings hereunder to be in excess of any next Applicable Total Commitment. The final maturity date for any borrowing hereunder will be the Maturity Date. All outstanding borrowings hereunder will be repaid in full not later than the Maturity Date." [STAR LOGO] Infogrames, Inc. - 2 - November 30, 2001 You agree to pay us a facility fee of $15,000. Such fee shall be payable on November 30, 2001. The Letter Agreement, as hereby amended, remains in full force and effect. To evidence your agreement with the foregoing, please sign and return to us the original of this letter, retaining the duplicate for your records. ACCEPTED AND AGREED: Very truly yours, INFOGRAMES, INC. BNP PARIBAS By /s/ [Illegible Signature] By /s/ [Jerome Illegible] ----------------------------- -------------------------------- Jerome [Illegible] Vice President By /s/ [Illegible Signature] By /s/ Christopher Perras ----------------------------- -------------------------------- Christopher Perras Vice President