##### 



Exhibit 10.45




LOAN AND SECURITY AGREEMENT


by and among


MIDWAY HOME ENTERTAINMENT INC.,
and
MIDWAY AMUSEMENT GAMES, LLC,


as Borrowers,


and


MIDWAY GAMES INC.,
MIDWAY GAMES WEST INC.,
MIDWAY INTERACTIVE INC.,
MIDWAY SALES COMPANY, LLC,
MIDWAY HOME STUDIOS INC.,
SURREAL SOFTWARE INC.,
MIDWAY STUDIOS  AUSTIN INC.,
and
MIDWAY STUDIOS  LOS ANGELES INC.,


as U.S. Credit Parties,


and


NATIONAL AMUSEMENTS, INC.,


as the Lender


Dated as of February 29, 2008






---



##### 



TABLE OF CONTENTS
 1.
    
    DEFINITIONS AND CONSTRUCTION
    
    
    21.1.
    
    Definitions
    
    
    21.2.
    
    Accounting Terms
    
    
    241.3.
    
    Code
    
    
    241.4.
    
    Construction
    
    
    241.5.
    
    Schedules and Exhibits
    
    
    252.
    
    LOAN AND TERMS OF PAYMENT
    
    
    252.1.
    
    Revolver Advances
    
    
    252.2.
    
    Term Loan
    
    
    262.3.
    
    Borrowing Procedures
    
    
    262.4.
    
    Payments
    
    
    262.5.
    
    Mandatory Prepayment
    
    
    282.6.
    
    Interest Rates:  Rates, Payments, and Calculations
    
    
    282.7.
    
    Intentionally Omitted
    
    
    292.8.
    
    Crediting Payments
    
    
    302.9.
    
    Designated Accounts
    
    
    302.10.
    
    Maintenance of Loan Account; Statements of Obligations
    
    
    302.11.
    
    Fees
    
    
    302.12.
    
    Intentionally Omitted
    
    
    312.13.
    
    LIBOR Option
    
    
    312.14.
    
    Intentionally Omitted
    
    
    332.15.
    
    Joint and Several Liability of Borrowers
    
    
    332.16.
    
    Servicing
    
    
    353.
    
    CONDITIONS; TERM OF AGREEMENT
    
    
    363.1.
    
    Conditions Precedent to the Extension of Credit on the Closing Date
    
    
    363.2.
    
    Conditions Subsequent to the Initial Extension of Credit
    
    
    373.3.
    
    Conditions Precedent to all Extensions of Credit
    
    
    393.4.
    
    Term
    
    
    393.5.
    
    Effect of Termination
    
    
    393.6.
    
    Early Termination by Borrowers
    
    
    404.
    
    CREATION OF SECURITY INTEREST
    
    
    404.1.
    
    Grant of Security Interest
    
    
    404.2.
    
    Negotiable Collateral
    
    
    404.3.
    
    Collection of Accounts, General Intangibles, and Negotiable Collateral
    
    
    404.4.
    
    Filing of Financing Statements; Commercial Tort Claims; Delivery ofAdditional Documentation Required
    
    
    414.5.
    
    Power of Attorney
    
    
    424.6.
    
    Right to Inspect
    
    
    42
 -i-




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##### 



4.7.
    
    Control Agreements
    
    
    425.
    
    REPRESENTATIONS AND WARRANTIES
    
    
    435.1.
    
    No Encumbrances
    
    
    435.2.
    
    Intentionally Omitted
    
    
    435.3.
    
    Intentionally Omitted
    
    
    435.4.
    
    Equipment
    
    
    435.5.
    
    Location of Inventory and Equipment
    
    
    435.6.
    
    Inventory Records
    
    
    435.7.
    
    State of Incorporation; Location of Chief Executive Office; FEIN;Organizational ID Number; Commercial Tort Claims
    
    
    445.8.
    
    Due Organization and Qualification; Subsidiaries
    
    
    445.9.
    
    Due Authorization; No Conflict
    
    
    455.10.
    
    Litigation
    
    
    465.11.
    
    No Material Adverse Change
    
    
    465.12.
    
    Fraudulent Transfer
    
    
    465.13.
    
    Employee Benefits
    
    
    465.14.
    
    Environmental Condition
    
    
    465.15.
    
    Brokerage Fees
    
    
    475.16.
    
    Intellectual Property
    
    
    475.17.
    
    Leases
    
    
    475.18.
    
    Intentionally Omitted
    
    
    475.19.
    
    Complete Disclosure
    
    
    475.20.
    
    Indebtedness
    
    
    486.
    
    AFFIRMATIVE COVENANTS
    
    
    486.1.
    
    Accounting System
    
    
    486.2.
    
    Collateral Reporting
    
    
    486.3.
    
    Financial Statements, Reports, Certificates
    
    
    496.4.
    
    Intentionally Omitted
    
    
    516.5.
    
    Returns
    
    
    516.6.
    
    Maintenance of Properties
    
    
    516.7.
    
    Taxes
    
    
    516.8.
    
    Insurance
    
    
    516.9.
    
    Intentionally Omitted
    
    
    526.10.
    
    Compliance with Laws
    
    
    526.11.
    
    Leases
    
    
    526.12.
    
    Existence
    
    
    536.13.
    
    Environmental
    
    
    536.14.
    
    Disclosure Updates
    
    
    536.15.
    
    Formation of Subsidiaries
    
    
    536.16.
    
    Intentionally Omitted
    
    
    546.17.
    
    Registration of Intellectual Property
    
    
    546.18.
    
    Mortal Kombat Intellectual Property
    
    
    54
 -ii-




---



##### 



7.
    
    NEGATIVE COVENANTS
    
    
    547.1.
    
    Indebtedness
    
    
    547.2.
    
    Liens
    
    
    567.3.
    
    Restrictions on Fundamental Changes
    
    
    567.4.
    
    Disposal of Assets
    
    
    577.5.
    
    Change Name
    
    
    577.6.
    
    Nature of Business
    
    
    587.7.
    
    Prepayments and Amendments
    
    
    587.8.
    
    Change of Control
    
    
    587.9.
    
    Consignments
    
    
    587.10.
    
    Distributions
    
    
    587.11.
    
    Accounting Methods
    
    
    597.12.
    
    Investments
    
    
    597.13.
    
    Transactions with Affiliates
    
    
    597.14.
    
    Suspension
    
    
    597.15.
    
    Compensation
    
    
    597.16.
    
    Use of Proceeds
    
    
    607.17.
    
    Inventory and Equipment with Bailees
    
    
    607.18.
    
    Financial Covenant
    
    
    607.19.
    
    Subsidiaries
    
    
    607.20.
    
    Copyrights
    
    
    608.
    
    EVENTS OF DEFAULT
    
    
    609.
    
    THE LENDERS RIGHTS AND REMEDIES
    
    
    639.1.
    
    Rights and Remedies
    
    
    639.2.
    
    Remedies Cumulative
    
    
    6510.
    
    TAXES AND EXPENSES
    
    
    6511.
    
    WAIVERS; INDEMNIFICATION
    
    
    6511.1.
    
    Demand; Protest; etc
    
    
    6511.2.
    
    The Lenders Liability for Grantor Collateral
    
    
    6611.3.
    
    Indemnification
    
    
    6612.
    
    NOTICES
    
    
    6713.
    
    CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER
    
    
    6814.
    
    ASSIGNMENTS; SUCCESSORS
    
    
    6914.1.
    
    Assignments
    
    
    6914.2.
    
    Successors
    
    
    7015.
    
    AMENDMENTS; WAIVERS
    
    
    7115.1.
    
    Amendments and Waivers
    
    
    7115.2.
    
    Intentionally Omitted
    
    
    71
 -iii-




---



##### 



15.3.
    
    No Waivers; Cumulative Remedies
    
    
    7116.
    
    Intentionally Omitted
    
    
    7117.
    
    GENERAL PROVISIONS
    
    
    7117.1.
    
    Effectiveness
    
    
    7117.2.
    
    Section Headings
    
    
    7117.3.
    
    Interpretation
    
    
    7117.4.
    
    Severability of Provisions
    
    
    7217.5.
    
    Amendments in Writing
    
    
    7217.6.
    
    Counterparts; Telefacsimile Execution
    
    
    7217.7.
    
    Revival and Reinstatement of Obligations
    
    
    7217.8.
    
    Confidentiality
    
    
    7217.9.
    
    Integration
    
    
    7317.10.
    
    Midway as Agent for Borrowers
    
    
    73
 -iv-




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##### 



EXHIBITS AND SCHEDULES
 Exhibit A-1
    
    Form of Assignment and AcceptanceExhibit B-1
    
    Form of Borrowing NoticeExhibit L-1
    
    Form of LIBOR NoticeSchedule A-1
    
    Lenders AccountsSchedule D-1
    
    Designated AccountsSchedule I-1
    
    Investment AccountsSchedule P-1
    
    Permitted LiensSchedule P-2
    
    Permitted Sales of PatentsSchedule R-1
    
    Real Property CollateralSchedule 5.4
    
    List of VehiclesSchedule 5.5
    
    Locations of Inventory and EquipmentSchedule 5.7(a)
    
    States of OrganizationSchedule 5.7(b)
    
    Chief Executive OfficeSchedule 5.7(c)
    
    FEINSSchedule 5.7(d)
    
    Commercial Tort ClaimsSchedule 5.8(b)
    
    Capitalization of CompaniesSchedule 5.8(c)
    
    Capitalization of Parents SubsidiariesSchedule 5.8(d)
    
    Subscriptions, Options, Warrants or CallsSchedule 5.14
    
    Environmental MattersSchedule 5.16
    
    Intellectual PropertySchedule 5.20
    
    Permitted IndebtednessSchedule 7.13
    
    Transactions with Affiliates
 -v-




---



##### 



LOAN AND SECURITY AGREEMENT
 THIS LOAN AND SECURITY AGREEMENT Agreement NATIONAL AMUSEMENTS, INC. Lender MIDWAY HOME ENTERTAINMENT INC. Midway MIDWAY AMUSEMENT GAMES, LLC Borrower Borrowers MIDWAY GAMES
INC. Parent MIDWAY GAMES WEST INC. MGW MIDWAY INTERACTIVE INC. MI MIDWAY SALES
COMPANY, LLC MSC MIDWAY HOME STUDIOS INC MHS SURREAL SOFTWARE INC Surreal MIDWAY STUDIOS  AUSTIN INC MIDWAY STUDIOS 
LOS ANGELES INC U.S. Credit Party U.S. Credit Parties
 RECITALS:
 Refinancing
    -1-




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##### 



1. DEFINITIONS AND CONSTRUCTION.
 1.1.
    
    Definitions.
  Account Debtor
 Additional Documents Section 3.2(h)
 Administrative Borrower Section 17.10
 Advances Section 2.1(a)
 Affiliate
 Agreement
 Applicable Margin
 Base Rate Loans
    
    
    1.50
    %LIBOR Rate Loans
    
    
    3.75
    %
 Assignee Section 14.1(a)
 Assignment and Acceptance Exhibit A-1
 Australia Companies
 Australia Operating Company
 Australia Holding Company
 -2-




---



##### 



Australia Subsidiary
 Australian Insolvency Laws
 Authorized Person
 Availability
 Bankruptcy Code
 Base Rate
 Base Rate Loan
 Base Rate Margin
 Benefit Plan
 Board of Directors
 Books
 -3-




---



##### 



Borrower Borrowers
 Borrowing
 Borrowing Notice Exhibit B-1
 Business Day
 Canadian Company
 Capital Expenditures
 Capital Lease
 Capitalized Lease Obligation
 Cash Equivalents
 -4-




---



##### 



Change of Control
 Closing Certificate
 Closing Date Section 2.2 Section 3.1
 Closing Date Projections
 Code
 Collateral
 Collateral Access Agreement
 -5-




---



##### 



Collections
 Commercial Tort Claim Assignments Section
4.4(b)
 Commitment Section
2.1(a)
 Company
 Continuing Director
 Control Agreement
 Copyright Security Agreement
 Daily Balance
 Default
 Designated Accounts Schedule D-1
 Designated Account Banks Schedule D-1
 Development Kits
 -6-




---



##### 



Disbursement Letter
 Dollars $
 EBITDA
 Eligible Transferee
 Environmental Actions
 Environmental Law et seq. et seq.; et seq. et seq. et seq. et seq. et seq. et seq.
 -7-




---



##### 



Environmental Liabilities and Costs
 Environmental Lien
 ERISA
 ERISA Affiliate
 Event of Default Section 8
 Excess Availability minus
 Excess Cash Flow minus
 -8-




---



##### 



Exchange Act
 FEIN
 Foreign Companies
 French Company société par actions simplifiée
 French Insolvency Laws
 Funding Date
 Funding Losses Section 2.13(b)(ii)
 GAAP
 General Intangibles
 German Company Amtsgericht
 German Insolvency Laws Insolvenzordnung
 Governing Documents
 Governmental Authority
 -9-




---



##### 



Grantor
 Grantor Collateral
             clause (w) (x) (y) (z)
 -10-




---



##### 



clauses (a) (c)
 Guaranty
 Hazardous Materials
 -11-




---



##### 



Hedge Agreement
 Indebtedness clauses (a) (f)
 Indemnified Liabilities Section 11.3
 Indemnified Person Section 11.3
 Insolvency Proceeding
 Intellectual Property
 -12-




---



##### 



Intercompany Subordination Agreement
 Interest Period provided however clauses (c) (e)
 Investment bona fide
 Investment Accounts Schedule I-1
 IRC
 -13-




---



##### 



Japan Company
 Japan Insolvency Laws
 Junior Notes
 Lender Section
14.1
 Lender Expenses
 -14-




---



##### 



Section 2.16
 Lender-Related Person
 Lenders Account Schedule
A-1
 Lenders Liens
 LIBOR Deadline Section 2.13(b)(i)
 LIBOR Notice Exhibit L-1.
 LIBOR Option Section 2.13(a)
 LIBOR Rate provided however
 LIBOR Rate Loan
 LIBOR Rate Margin
 -15-




---



##### 



Lien
 Liquidated Damages Premium times times
 Liquidity plus
 Loan Account Section 2.10
 Loan Documents
 Material Adverse Change
 Material Videogame Section 8.9
 -16-




---



##### 



Maturity Date Section 3.4
 Maximum Revolver Amount minus minus minus Section 6.3(c)(i) provided
 Modified Excess Availability clause (c)
 Mortal Kombat Franchise
 Mortgages
 NAI
 Negotiable Collateral
 Obligations
 -17-




---



##### 



Paid in Full
 Parent
 Patent Security Agreement
 Permitted Acquisition Target Section 7.18
 -18-




---



##### 



(l)
 Permitted Discretion
 Permitted Dispositions Schedule P-2 Section 7.12 Section 7.10
 Permitted Holders
 -19-




---



##### 



Permitted Investments
 Permitted Liens Schedule P-1
 -20-




---



##### 



Permitted Protest
 Permitted Purchase Money Indebtedness
 Person
 Pitbull
 Platform License
 Projections
 Purchase Money Indebtedness
 -21-




---



##### 



Qualified Cash
 Real Property
 Real Property Collateral Schedule R-1
 Record
 Redemption Date
 Remedial Action
 Revolver Usage
 Sale Leaseback Transaction
 SEC
 -22-




---



##### 



SEC Reports
 Securities Account
 Solvent
 Stock
 Stock Pledge Agreement
 Subsidiary
 Term Loan Section 2.2
 Term Loan Amount
 Trademark Security Agreement
 TTM EBITDA
 UK Company
 UK Insolvency Laws
 -23-




---



##### 



UK Stock Pledge Agreement
 United States
 Unsecured Loan Facility
 Unsecured Subordinated Loan Facility
 Unsecured Loan Documents
 U.S. Credit Party Guaranty
 Voidable Transfer Section 17.7
 1.2. Accounting Terms.
  1.3. Code.
  1.4. Construction.
  -24-




---



##### 



1.5. Schedules and Exhibits.
  2. LOAN AND TERMS OF PAYMENT.
 2.1. Revolver Advances.
 Advances
  plus
 Section 2.1
  -25-




---



##### 



2.2. Term Loan.
 Term Loan
 2.3. Borrowing Procedures.
 Procedure for Borrowing
 Intentionally Omitted.
 Making of Loans Section
2.3(a) provided however Section 3
 2.4. Payments.
 Payments by Borrowers
 -26-




---



##### 



Application
 Section 2.2 Section 2.8
 first
 second
 third
 fourth
 fifth
 sixth
 Intentionally omitted
 Section 2.4(b)
  Section 2.4
 -27-




---



##### 



Section 2.4
 Voluntary Prepayment
 2.5. Mandatory Prepayment.
  Section 6.3 Section 6.3 Section 6.3 Section 2.4(b)(i) Section 2.5(b)
 2.6. Interest Rates: Rates, Payments, and Calculations.
 Interest Rates clause (c)
  -28-




---



##### 



Intentionally Omitted.
 Default Rate
 Payment Section 2.13(a) Section 2.11
 Computation
 Intent to Limit Charges to Maximum Lawful Rate provided however ipso facto,
 2.7. Intentionally Omitted.
 -29-




---



##### 



2.8. Crediting Payments.
  2.9. Designated Accounts.
 Section 2.6(d)
 2.10. Maintenance of Loan Account; Statements of Obligations.
 Loan
Account Section 2.8
 2.11. Fees.
  -30-




---



##### 



Unused Line Fee
 Audit, Appraisal, and Valuation Charges
 2.12. Intentionally Omitted.
 2.13. LIBOR Option.
 Interest and Interest Payment Dates LIBOR Option
 LIBOR Election
  -31-




---



##### 



LIBOR Deadline
   Prepayments Section 2.4(c)
 Special Provisions Applicable to LIBOR Rate
   -32-




---



##### 



No Requirement of Matched Funding
 2.14. Intentionally Omitted.
 2.15. Joint and Several Liability of Borrowers.
  Section 2.15
  Section 2.15
  -33-




---



##### 



Section 2.15 Section 2.15 Section 2.15 Section 2.15
  Section 2.15
 -34-




---



##### 



Section 2.15 Section 2.15
  Section 2.4(b).
  2.16. Servicing.
 provided
 -35-




---



##### 



3. CONDITIONS; TERM OF AGREEMENT.
 3.1. Conditions Precedent to the Extension of Credit on the Closing Date.
 Section 2.2 Section 3.2 Section 15.1
             -36-




---



##### 



3.2. Conditions Subsequent to the Initial Extension of Credit.
  -37-




---



##### 



Additional Documents
 -38-




---



##### 



3.3. Conditions Precedent to all Extensions of Credit.
     Section 6.2
 3.4. Term.
 Maturity Date
 3.5. Effect of Termination.
  -39-




---



##### 



3.6. Early Termination by Borrowers.
 Section 2.4(c)
 4.
    
    CREATION OF SECURITY INTEREST.
 4.1. Grant of Security Interest.
  4.2. Negotiable Collateral.
  4.3. Collection of Accounts, General Intangibles, and Negotiable Collateral.
  -40-




---



##### 



4.4. Filing of Financing Statements; Commercial Tort Claims; Delivery of Additional
Documentation Required.
  Commercial Tort Claim Assignment
  -41-




---



##### 



4.5. Power of Attorney.
 Section 4.4 Section 4.4
 4.6. Right to Inspect.
  4.7. Control Agreements.
 provided however
 -42-




---



##### 



5. REPRESENTATIONS AND WARRANTIES.
  5.1. No Encumbrances.
  5.2. Intentionally Omitted.
 5.3. Intentionally Omitted.
 5.4. Equipment.
 Schedule 5.4
 5.5. Location of Inventory and Equipment.
 Schedule 5.5
 5.6. Inventory Records.
  -43-




---



##### 



5.7. State of Incorporation; Location of Chief Executive Office; FEIN;
Organizational ID Number; Commercial Tort Claims.
 Schedule 5.7(a)
 Schedule 5.7(b)
 Schedule 5.7(c)
 Schedule 5.7(d)
 5.8. Due Organization and Qualification; Subsidiaries.
  Schedule 5.8(b) Schedule 5.8(b) Schedule 5.8(b)
 Schedule 5.8(c)
 Schedule 5.8(d)
 -44-




---



##### 



5.9. Due Authorization; No Conflict.
      -45-




---



##### 



5.10. Litigation.
  5.11. No Material Adverse Change.
 Section 6.2
 5.12. Fraudulent Transfer.
   5.13. Employee Benefits.
  5.14. Environmental Condition.
 Schedule 5.14
 -46-




---



##### 



5.15. Brokerage Fees.
  5.16. Intellectual Property.
 Schedule 5.16 Schedule 5.16
 5.17. Leases.
  5.18. Intentionally Omitted.
 5.19. Complete Disclosure.
  -47-




---



##### 



5.20. Indebtedness.
 Schedule 5.20
 6. AFFIRMATIVE COVENANTS.
  6.1. Accounting System.
  6.2. Collateral Reporting.
  Weekly (not later 
than the 4th
Business Day of
each calendar
week):
    
    (a) a detailed weekly cash forecast for the following 8-week periodMonthly (notlater
than the
15th Business
Day of each
calendar month):
    
    (a) a detailed report regarding Companies cash and Cash
Equivalents;
(b) a detailed aging report, by customer, of the Accounts of Midway;
(c) a report of the total value of Inventory of the Companies;
(d) Software capitalization rollforward from the previous month; and
(e) Summary of Debit Memos.Annually (not 
later than the
90th calendar day 
after its fiscal
year-end):
    
    (a) Competitive Sets for Upcoming Midway Titles
 -48-




---



##### 



6.3. Financial Statements, Reports, Certificates.
          -49-




---



##### 



Section 6.3(c)
       -50-




---



##### 



6.4. Intentionally Omitted.
 6.5. Returns.
  6.6. Maintenance of Properties.
  6.7. Taxes.
  6.8. Insurance.
  -51-




---



##### 



Section 6.8
 6.9. Intentionally Omitted.
 6.10. Compliance with Laws.
  6.11. Leases.
  -52-




---



##### 



6.12. Existence.
  6.13. Environmental.
  6.14. Disclosure Updates.
  6.15. Formation of Subsidiaries.
 th
 -53-




---



##### 



Schedules
5.8(b) (c) Section 6.15 Section 6.15
 6.16. Intentionally Omitted.
 6.17. Registration of Intellectual Property.
  6.18. Mortal Kombat Intellectual Property.
  7. NEGATIVE COVENANTS.
  7.1. Indebtedness.
  -54-




---



##### 



Schedule 5.20
  Section 7.1
        -55-




---



##### 



7.2. Liens.
 Section 7.1(d)
 7.3. Restrictions on Fundamental Changes.
  -56-




---



##### 



Section 7.3
     7.4. Disposal of Assets.
  7.5. Change Name.
 provided however
 -57-




---



##### 



7.6. Nature of Business.
  7.7. Prepayments and Amendments.
 Section 7.1(d)
  Section 7.1(b) (c)
 7.8. Change of Control.
  7.9. Consignments.
  7.10. Distributions.
  -58-




---



##### 



7.11. Accounting Methods.
  7.12. Investments.
 provided however Section 3.2
 7.13. Transactions with Affiliates.
 Schedule 7.13
 7.14. Suspension.
  7.15. Compensation.
  -59-




---



##### 



7.16. Use of Proceeds.
  7.17. Inventory and Equipment with Bailees.
 Schedule 5.5
 7.18. Financial Covenant.
  7.19. Subsidiaries.
  7.20. Copyrights.
  8. EVENTS OF DEFAULT.
 Event of Default
 8.1
 -60-




---



##### 



8.2
 Sections 2.7 3.2 4.2 4.4 4.6 6.8 6.12 6.15 6.17 6.18 7.1 7.20
 Sections 4.5 6.2 6.3 6.5 6.6 6.7 6.10 6.11 6.14
 Section 8 Section 8
 provided that
 8.3
 8.4
 8.5
 8.6
 8.7
 -61-




---



##### 



8.8
 8.9 Material Platform License Material Videogame License
 8.10
 8.11
 8.12
 8.13
 8.14
 -62-




---



##### 



8.15
 9. THE LENDERS RIGHTS AND REMEDIES.
 9.1. Rights and Remedies.
         -63-




---



##### 



Section 12
   provided however Section 8.4 Section 8.5
 -64-




---



##### 



9.2. Remedies Cumulative.
  10. TAXES AND EXPENSES.
 Section 6.8 Section 6.8
 11. WAIVERS; INDEMNIFICATION.
 11.1. Demand; Protest; etc.
  -65-




---



##### 



11.2. The Lenders Liability for Grantor Collateral.
  11.3. Indemnification.
 Indemnified Person Indemnified Liabilities Section 11.3
 -66-




---



##### 



12. NOTICES.
  If to Borrower:
    
    MIDWAY HOME ENTERTAINMENT INC.c/o Midway Games Inc.2704 West Roscoe StreetChicago, Illinois 60618Attn: Chief Financial Officer and General CounselFax No. 773-961-2299with copies to:
    
    SIDLEY AUSTIN LLPOne South Dearborn StreetChicago, Illinois 60603Attn: Robert J. Lewis, Esq.Fax No. 312-853-7036If to the Lender:
    
    NATIONAL AMUSEMENTS, INC.200 Elm StreetDedham MA 02026Attn: Jerome Magner,Fax No. (781) 329-5175with copies to:Attn: Vice President, Richard ShermanFax No. (781) 461-2955with copies to:Attn.: Tad Jankowski, General CounselFax No. (781) 461-1412
 -67-




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with copies to:
    
    NORDQUIST & STERN PLLC909 Third Avenue, Fifth FloorNew York, NY 10022Attn: Sandra SternPh. (212) 207-8150Fax No. (212) 223-3406andEach designee notified by the Lender to theAdministrative Borrower in advance in writing.
 Section 12
 13. CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER.
 THE VALIDITY OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (UNLESS EXPRESSLY PROVIDED TO
THE CONTRARY IN ANOTHER LOAN DOCUMENT IN RESPECT OF SUCH OTHER LOAN DOCUMENT), THE CONSTRUCTION,
INTERPRETATION, AND ENFORCEMENT HEREOF AND THEREOF, AND THE RIGHTS OF THE PARTIES HERETO AND
THERETO WITH RESPECT TO ALL MATTERS ARISING HEREUNDER OR THEREUNDER OR RELATED HERETO OR THERETO
SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
ILLINOIS.
 EACH PARTY TO THIS AGREEMENT SUBMITS TO THE NONEXCLUSIVE JURISDICTION OF (1) THE STATE AND
FEDERAL COURTS LOCATED IN THE COUNTY OF COOK, STATE OF ILLINOIS AND (2) THE UNITED STATES DISTRICT
COURT FOR THE SOUTHERN DISTRICT OF NEW YORK AND OF ANY NEW YORK STATE COURT SITTING IN NEW YORK,
NEW YORK (OR TO THE EXTENT PERMITTED BY LAW, IN SUCH FEDERAL COURT), FOR PURPOSES OF ALL LEGAL
PROCEEDINGS ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS
AGREEMENT OR BY THE OTHER LOAN DOCUMENTS. EACH PARTY TO THIS AGREEMENT IRREVOCABLY WAIVES,
 -68-




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TO THE FULLEST EXTENT IT MAY EFFECTIVELY DO SO, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER
HAVE TO THE LAYING OF THE VENUE OF ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT AND ANY CLAIM THAT
ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT HAS BEEN IN AN INCONVENIENT FORUM.
 COMPANIES AND THE LENDER HEREBY WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR
CAUSE OF ACTION BASED UPON OR ARISING OUT OF ANY OF THE LOAN DOCUMENTS OR ANY OF THE TRANSACTIONS
CONTEMPLATED THEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER
COMMON LAW OR STATUTORY CLAIMS. COMPANIES AND THE LENDER REPRESENT THAT EACH HAS REVIEWED THIS
WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH
LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS AGREEMENT MAY BE FILED AS A WRITTEN
CONSENT TO A TRIAL BY THE COURT.
 14. ASSIGNMENTS; SUCCESSORS.
 14.1. Assignments.
 Assignee provided however
 Section 11.3
 -69-




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provided however Section 17.8
    Section 17.8
 14.2. Successors.
 provided however ab initio Section 14.1 Section 14.1
 -70-




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15. AMENDMENTS; WAIVERS.
 15.1. Amendments and Waivers.
  15.2. Intentionally Omitted.
 15.3. No Waivers; Cumulative Remedies.
  16. Intentionally Omitted.
 17. GENERAL PROVISIONS.
 17.1. Effectiveness.
  17.2. Section Headings.
  17.3. Interpretation.
  -71-




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17.4. Severability of Provisions.
  17.5. Amendments in Writing.
 Section 15.1
 17.6. Counterparts; Telefacsimile Execution.
 mutatis mutandis
 17.7. Revival and Reinstatement of Obligations.
 Voidable Transfer
 17.8. Confidentiality.
  -72-




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Section 17.8 Section 17.8
 17.9. Integration.
  17.10. Midway as Agent for Borrowers.
 Administrative Borrower
 -73-




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Section 17.9
  -74-




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IN WITNESS WHEREOF,
 MIDWAY HOME ENTERTAINMENT INC.,a Delaware corporationMIDWAY AMUSEMENT GAMES, LLC,a Delaware limited liability companyMIDWAY GAMES INC.,a Delaware corporationMIDWAY GAMES WEST INC.,a California corporationMIDWAY INTERACTIVE INC.,a Delaware corporationMIDWAY SALES COMPANY, LLC,a Delaware limited liability companyMIDWAY HOME STUDIOS INC.,a Delaware corporationSURREAL SOFTWARE INC.,a Washington corporationMIDWAY STUDIOS  AUSTIN INC.,a Texas corporationMIDWAY STUDIOS  LOS ANGELES INC.,a California corporation
 Each By
    
    /s/ Ryan ODeskyTitle
    
    Interim CFO




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NATIONAL AMUSEMENTS, INC.,a Maryland corporation, as LenderBy:
    
    /s/ Richard J. ShermanTitle:
    
    Vice President