Exhibit 10.1

Execution Version

FIRST AMENDMENT TO

SECOND AMENDED AND RESTATED CREDIT AGREEMENT

This First Amendment to Second Amended and Restated Credit Agreement (the “First
Amendment”) is made as of September 15, 2014, by and among

GAMESTOP CORP., a corporation organized under the laws of the State of Delaware
having a place of business at 625 Westport Parkway, Grapevine, Texas 76051, as
Lead Borrower for the Borrowers listed on Schedule I annexed hereto;

the BORROWERS party hereto;

the LENDERS party hereto; and

BANK OF AMERICA, N.A., a national banking association having a place of business
at 100 Federal Street, Boston, Massachusetts 02110, as administrative agent and
collateral agent for the Lenders and the other Credit Parties (in such
capacities, the “Agent”);

in consideration of the mutual covenants herein contained and benefits to be
derived herefrom.

WITNESSETH

WHEREAS, the parties hereto have entered into a Second Amended and Restated
Credit Agreement dated as of March 25, 2014 (as amended, restated, supplemented
and otherwise modified from time to time, the “Credit Agreement”); and

WHEREAS, the parties hereto have agreed to amend certain provisions of the
Credit Agreement as set forth herein.

NOW THEREFORE, it is hereby agreed as follows:

 

1. Definitions: All capitalized terms used herein and not otherwise defined
shall have the same meaning herein as in the Credit Agreement.

Amendment to Article I. Section 1.1 of the Credit Agreement is hereby amended by
deleting clause (a) of the definition of “Permitted Senior Debt” and
substituting the following in its stead:

(a) no portion of the principal of such Indebtedness in excess of 1% per annum
shall be required to be paid, whether by stated maturity, mandatory or scheduled
prepayment or redemption or otherwise, prior to the date that is 90 days after
the Maturity Date, provided that the foregoing limitation shall not apply (i) if

 

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an event of default under such Indebtedness (after the expiration of any
applicable cure periods) has occurred and is continuing, (ii) if a change of
control of the Lead Borrower has occurred but only to the extent that the
holders of such Permitted Senior Debt are entitled to, and do, require
prepayment of any portion of such Indebtedness upon such occurrence, (iii) to
the extent that the documentation evidencing such Indebtedness (which
documentation shall be reasonably satisfactory the Agent in accordance with
clause (c) hereof) requires that any portion of the net cash proceeds from any
asset sale (after giving effect to any reinvestment rights and any permanent
repayment of Indebtedness) be utilized to prepay such Indebtedness (it being
agreed that net cash proceeds from the sale of Inventory in the ordinary course
of business shall in no events shall be available for payment of the Permitted
Senior Debt under this clause (iii)), or (iv) as otherwise may be agreed to by
the Agent, subject to standstill and the lien subordination provisions as set
forth in an intercreditor agreement pursuant to clause (d) below;

 

2. Amendments to Article VI. Section 6.6 of the Credit Agreement is hereby
deleted in its entirety, and the following is substituted in its stead:

“6.6 Restrictive Agreements.

The Borrowers will not, and will not permit any other member of the Borrower
Affiliated Group to, directly or indirectly, enter into, incur or permit to
exist any agreement or other arrangement that prohibits, restricts or imposes
any condition upon (a) the ability of any member of the Borrower Affiliated
Group to create, incur or permit to exist any Lien upon any of its property or
assets or (b) the ability of any member of the Borrower Affiliated Group to pay
dividends or other distributions with respect to any shares of its capital stock
or to make or repay loans or advances to the Borrowers or any other member of
the Borrower Affiliated Group or to guarantee Indebtedness of the Borrowers or
any other member of the Borrower Affiliated Group, provided that (i) the
foregoing shall not apply to restrictions and conditions imposed by Applicable
Law or by any Loan Document, (ii) the foregoing shall not apply to customary
restrictions and conditions imposed by any indenture or other debt instrument
that the Borrowers or any other member of the Borrower Affiliated Group maybe
party to in connection with Indebtedness permitted under clauses (n) or (o) of
Section 6.1, so long as such restrictions and conditions do not restrict or
prohibit the granting of Liens to secure the Obligations under the Loan
Documents, (iii) the foregoing restrictions shall not apply to customary
restrictions and conditions contained in agreements relating to the sale of a
Subsidiary pending such sale, provided that such restrictions and conditions
apply only to the Subsidiary that is to be sold and such sale is permitted
hereunder, (iv) clause (a) of the foregoing shall not apply to restrictions or
conditions imposed by any agreement relating to secured Indebtedness permitted
by this Agreement if such restrictions or conditions apply only to the property
or assets securing such Indebtedness and (v) clause (a) of the foregoing shall
not apply to customary provisions in leases restricting the assignment or
subleasing thereof.”

 

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3. Conditions to Effectiveness. This First Amendment shall not be effective
until each of the following conditions precedent have been fulfilled to the
satisfaction of the Agent:

 

  a. This First Amendment shall have been duly executed and delivered by the
Borrowers and the Required Lenders. The Agent shall have received a fully
executed copy hereof and of each other document required hereunder.

 

  b. No material misstatements shall have been made in any of the materials
furnished to the Agent or to the Lenders prior to the closing of this First
Amendment. The Agent shall be satisfied that any financial statements and
projections delivered to it fairly present the business and financial condition
of the Borrowers and their Subsidiaries, taken as a whole, and that there have
been no material adverse change on the assets, business, financial condition or
income of the Borrowers and their Subsidiaries, taken as a whole, since the date
of the most recent financial information delivered to the Agent.

 

  c. All action on the part of the Borrowers necessary for the valid execution,
delivery and performance by the Borrowers of this First Amendment shall have
been duly and effectively taken. The Agent shall have received from the
Borrowers true copies of their respective certificate of the resolutions
authorizing the transactions described herein, each certified by their secretary
or other appropriate officer to be true and complete.

 

  d. No Default or Event of Default shall have occurred and be continuing.

 

  e. The Borrowers shall have provided such additional instruments and documents
to the Agent as the Agent and its counsel may have reasonably requested.

 

4. Miscellaneous.

 

  a. Except as provided herein, all terms and conditions of the Credit Agreement
and the other Loan Documents remain in full force and effect. The Borrowers each
hereby ratify, confirm, and reaffirm all of the representations, warranties and
covenants therein contained. Without limiting the generality of the foregoing,
each Borrower hereby acknowledges, confirms and agrees that all Collateral shall
continue to secure the Obligations as modified and amended pursuant to this
First Amendment and any future modifications, amendments, substitutions or
renewals thereof.

 

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  b. Without limiting any of the provisions of the Credit Agreement or other
Loan Documents, the Borrowers shall pay all costs and expenses incurred by the
Agent in connection with this First Amendment, including, without limitation,
all reasonable attorneys’ fees.

 

  c. This First Amendment maybe executed in several counterparts and by each
party on a separate counterpart, each of which when so executed and delivered,
each shall be an original, and all of which together shall constitute one
instrument. Delivery of an executed counterpart of a signature page hereto by
telecopy or by electronic email in .pdf format shall be effective as delivery of
a manually executed counterpart hereof.

 

  d. This First Amendment expresses the entire understanding of the parties with
respect to the matters set forth herein and supersedes all prior discussions or
negotiations hereon. Any determination that any provision of this First
Amendment or any application hereof is invalid, illegal or unenforceable in any
respect and in any instance shall not affect the validity, legality, or
enforceability of such provision in any other instance, or the validity,
legality or enforceability of any other provisions of this First Amendment.

 

  e. THIS FIRST AMENDMENT AND THE OTHER LOAN DOCUMENTS SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

[signature pages follow]

 

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IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be
executed as of the date first above written.

 

GAMESTOP CORP.

GAMESTOP, INC.

SUNRISE PUBLICATIONS, INC.

ELBO INC.

EB INTERNATIONAL HOLDINGS, INC.

KONGREGATE INC.

SPAWN LABS, INC.

By:   /s/ Robert Lloyd Name:   Robert Lloyd Title:   Executive Vice President
and Chief Financial Officer

 

GAMESTOP TEXAS LTD.

SIMPLY MAC, INC.

SPRING COMMUNICATIONS HOLDING, INC.

GS MOBILE, INC.

By:   /s/ Robert Lloyd Name:   Robert Lloyd Title:   Chief Financial Officer

 

MARKETING CONTROL SERVICES, INC. By:   /s/ Scott Shaver Name:   Scott Shaver
Title:   Secretary

 

SOCOM LLC By:   /s/ Marc Summey Name:   Marc Summey Title:   Manager

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BANK OF AMERICA, N.A.,

as Agent, as Issuing Bank, and as Lender

By:   /s/ Andrew Cerussi Name:   Andrew Cerussi Title:   Director

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U.S. BANK NATIONAL ASSOCIATION,

as a Lender

By:   /s/ Lynn Gosselin Name:   Lynn Gosselin Title:   Senior Vice President

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REGIONS BANK, as a Lender By:   /s/ Daniel Wells Name:   Daniel Wells Title:  
Attorney in Fact

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JPMORGAN CHASE BANK, N.A., as a Lender By:   /s/ Jennifer Heard Name:   Jennifer
Heard Title:   Authorized Officer

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HSBC BANK USA, N.A., as a Lender By:   /s/ Brian Gingue Name:   Brian Gingue
Title:   Vice President

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FIFTH THIRD BANK, as a Lender By:   /s/ Matthew Lewis Name:   Matthew Lewis
Title:   Vice President

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Schedule I

Borrowers

GAMESTOP CORP.

GAMESTOP, INC.

SUNRISE PUBLICATIONS, INC.

ELBO INC.

EB INTERNATIONAL HOLDINGS, INC.

KONGREGATE INC.

GAMESTOP TEXAS LTD.

MARKETING CONTROL SERVICES, INC.

SOCOM LLC

SPAWN LABS, INC.

SIMPLY MAC, INC.

SPRING COMMUNICATIONS HOLDING, INC.

GS MOBILE, INC.

Schedule I to First Amendment to Credit Agreement