Exhibit 10.2
[BNP PARIBAS LOGO] November 30, 2001
Infogrames, Inc.
000 Xxxxx Xxxxxx
Xxx Xxxx, XX 00000
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/ [Xxxxxx Xxxxxxxxx]
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Xxxxxx [Illegible]
Vice President
By /s/ [Illegible Signature] By /s/ Xxxxxxxxxxx Xxxxxx
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Xxxxxxxxxxx Xxxxxx
Vice President
