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EXHIBIT 10.47
January 26, 2001
Infogrames, Inc.
000 Xxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Dear Sir or Madam:
Reference is hereby made to the purchase of Hasbro Interactive, Inc.
(now known as Infogrames Interactive, Inc.), Xxxxx.xxx, Inc., Atari Interactive,
Inc. and certain other companies, by the undersigned, which was consummated on
or about January 26, 2001 (the "Transaction"). The undersigned acknowledges
that, at its request, Infogrames, Inc. ("II") assisted the undersigned during
the Transaction to successfully complete the Transaction.
The undersigned hereby agrees to pay a total one-time fee of one
million dollars (US$1,000,000) to II in consideration for II's services rendered
to the undersigned in connection with the Transaction as described above, which
payment will be made in accordance with II's instructions.
Very truly yours,
INFOGRAMES ENTERTAINMENT S.A.
By:
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Name:
Title:
TERMS XXXXXX AGREED TO AND ACKNOWLEDGED BY:
INFOGRAMES, INC.
By:
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Name:
Title: