Document:

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                                                                    Exhibit 10.1

                 CONVERTIBLE NOTE AND WARRANT PURCHASE AGREEMENT

         This Convertible Note and Warrant Purchase Agreement, dated as of
August 16, 2000, (this "AGREEMENT") is entered into by and among The 3DO
Company, a Delaware corporation, (the "COMPANY") and William M. Hawkins, III
(the "INVESTOR"). The parties, intending to be legally bound, hereby agree as
follows:

         1. ISSUANCE OF CONVERTIBLE PROMISSORY NOTES.

         (a) Investor agrees to lend to Company from time to time prior to
September 30, 2000, as requested by Company in accordance with paragraph (c),
advances in an aggregate amount not to exceed $20,000,000.

         (b) Each advance by Investor to Company shall be considered a
promissory note on the terms and conditions specified in the form of convertible
promissory note attached hereto as EXHIBIT A (individually a "Note", and
collectively, the "Notes").

         (c) To obtain an advance, Company must provide Investor with an
unsigned Note specifying the dollar amount of the advance requested at least one
business day prior to the date stipulated on the Note. The issuance of the
corresponding Note will occur against receipt by Company of the corresponding
advance and shall take place at the offices of Company on the date stipulated on
the Note or such other time and place as both Company and Investor may
determine; PROVIDED, HOWEVER, that no closing shall occur on a date later than
September 30, 2000.

         (d) Company acknowledges receipt of $2,000,000 advance by Investor on
August 10, 2000 in anticipation of this Agreement and agrees to issue Investor a
Note in the principal amount of $2,000,000.

         2. WARRANT. In consideration of Investor's commitment to advance up to
an aggregate principal amount of $20,000,000 to Company, Company shall issue a
warrant to Investor in the form attached hereto as EXHIBIT B (the "Warrant").

         3. HART-SCOTT-RODINO CLEARANCE. Company and Investor agree to file with
the United States Federal Trade Commission (the "FTC") and the Antitrust
Division of the United States Department of Justice (the "DOJ") pursuant to the
Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR ACT")
all requisite documents and notifications in order to provide for the conversion
of the Notes and the Warrant into shares of Company's Common Stock.

         4. REPRESENTATIONS AND WARRANTIES OF COMPANY. Company hereby represents
and warrants to Investor that, the statements contained in the following
paragraphs of this Section 3 are all true and correct as of the Closing Date:
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            (a) ORGANIZATION AND STANDING: ARTICLES AND BYLAWS. Company is a
corporation duly organized, validly existing and in good standing under the laws
of the State of Delaware and has all requisite corporate power and authority to
carry on its business as now conducted.

            (b) CORPORATE POWER. Company has all requisite legal and corporate
power to enter into, execute and deliver this Agreement, the Notes and the
Warrant. This Agreement, and upon issuance, the Notes and the Warrant will be
valid and binding obligations of Company, enforceable in accordance with their
terms, except as the same may be limited by bankruptcy, insolvency, moratorium,
and other laws of general application affecting the enforcement of creditors'
rights.

            (c) AUTHORIZATION.

                (1) CORPORATE ACTION. All corporate and legal action on the part
of Company, its officers, directors and shareholders necessary for the execution
and delivery of this Agreement, the Notes and the Warrant, the sale and issuance
of the Notes, the Warrant and the shares issuable upon conversion of the Notes
and exercise of the Warrant and the performance of Company's obligations
hereunder and under the Notes and the Warrant have been taken.

                (2) VALID ISSUANCE. The Notes and the Warrant, and shares of
Common Stock issued upon conversion or exercise of the Notes and the Warrant
(collectively, the "SECURITIES"), when issued in compliance with the provisions
of this Agreement, the Notes, and the Warrant will be validly issued and will be
free of any liens or encumbrances, provided, however, that the Securities may be
subject to restrictions on transfer under state and/or federal securities laws
as set forth herein, and as may be required by future changes in such laws.

            (d) GOVERNMENT CONSENT, ETC. No consent, approval, order or
authorization of, or designation, registration, declaration or filing with, any
federal, state, local or other governmental authority on the part of Company is
required in connection with the valid execution and delivery of this Agreement,
the Notes, the Warrant or the offer, sale or issuance of the Securities, other
than, (i) if required, filings or qualifications under the California Corporate
Securities Law of 1968, as amended (the "CALIFORNIA LAW"), or other applicable
blue sky laws, which filings or qualifications, if required, will be timely
filed or obtained by Company; and (ii) the filings with the FTC and DOJ
described in Section 2 of this Agreement.

         5. REPRESENTATIONS AND WARRANTIES BY INVESTOR. Investor represents and
warrants to Company as of the Closing Date as follows:

            (a) INVESTMENT INTENT: AUTHORITY. This Agreement is made with
Investor in reliance upon Investor's representation to Company, evidenced by
Investor's execution of this Agreement, that Investor is acquiring the Notes and
the Warrant for investment for Investor's own account, not as nominee or agent,
for investment and not with a view to, or for resale in connection with, any
distribution or public offering thereof within the meaning of the Securities Act
of 1933, as amended, (the "SECURITIES ACT") or the California Law. Investor has
the full right, power, authority and capacity to enter into and perform this
Agreement and the Agreement

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will constitute a valid and binding obligation upon Investor, except as the same
may be limited by bankruptcy, insolvency, moratorium, and other laws of general
application affecting the enforcement of creditors' rights.

            (b) SECURITIES NOT REGISTERED. Investor understands and acknowledges
that the offering of the Securities pursuant to this Agreement will not be
registered under the Securities Act or qualified under the California Law on the
grounds that the offering and sale of securities contemplated by this Agreement
are exempt from registration under the Securities Act and exempt from
qualification pursuant to section 25102(f) of the California Law, and that
Company's reliance upon such exemptions is predicated upon Investor's
representations set forth in this Agreement. Investor acknowledges and
understands that resale of the Securities may be restricted indefinitely unless
the Securities are subsequently registered under the Securities Act and
qualified under the California Law or an exemption from such registration and
such qualification is available. Investor acknowledges that Company is under no
obligation to effect any registration with respect to the Securities or to file
for or comply with any exemption from registration.

            (c) LOCK-UP AND TRANSFER RESTRICTIONS. Investor covenants that in no
event will it sell, transfer or otherwise dispose of any of the Securities prior
to the second anniversary of the Closing Date. After the second anniversary of
the Closing Date, Investor covenants that in no event will it sell, transfer or
otherwise dispose of any of the Securities other than in conjunction with an
effective registration statement for the Securities under the Securities Act or
pursuant to an exemption therefrom, or in compliance with Rule 144 promulgated
under the Securities Act or to a person related to or an entity affiliated with
said Investor and other than in compliance with the applicable securities
regulation laws of any state.

            (d) KNOWLEDGE AND EXPERIENCE. Investor (i) has such knowledge and
experience in financial and business matters as to be capable of evaluating the
merits and risks of Investor's prospective investment in the Securities; (ii)
has the ability to bear the economic risks of Investor's prospective investment;
(iii) has had all questions which have been asked by Investor satisfactorily
answered by Company; and (iv) has not been offered the Securities by any form of
advertisement, article, notice or other communication published in any
newspaper, magazine, or similar media or broadcast over television or radio, or
any seminar or meeting whose attendees have been invited by any such media.
Investor represents and warrants that it is an "accredited investor" within the
meaning of Rule 501 of Regulation D of the Securities Act.

         6. MISCELLANEOUS.

            (a) WAIVERS AND AMENDMENTS. Any provision of this Agreement may be
amended, waived or modified upon the written consent of Company and Investor.

            (b) GOVERNING LAW. This Agreement, the Notes and the Warrant and all
actions arising out of or in connection with this Agreement, the Notes and the
Warrant shall be governed by and construed in accordance with the laws of the
State of California, without regard to the conflicts of law provisions of the
State of California or of any other state. The parties

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acknowledge and agree that the exclusive venue and jurisdiction of any dispute
arising out of this Agreement shall be a federal or state court located in the
County of San Francisco, California.

            (c) ENTIRE AGREEMENT. This Agreement together with the exhibits
attached hereto constitute the full and entire understanding and agreement
between the parties with regard to the subjects hereof and thereof.

            (d) SURVIVAL. The representations, warranties, covenants and
agreements made herein shall survive the execution and delivery of this
Agreement.

            (e) EXPENSES. Company shall pay on demand all reasonable fees and
expenses incurred by Investor, including reasonable legal fees and expenses in
connection with the preparation, execution and delivery of this Agreement up to
a maximum amount of $5,000.

            (f) NOTICES, ETC. Any notice, request or other communication
required or permitted hereunder shall be in writing and shall be deemed to have
been duly given (i) upon receipt if personally delivered, (ii) three (3) days
after being mailed by registered or certified mail, postage prepaid, or (iii)
one day after being sent by recognized overnight courier or by facsimile, if to
Investor, at c/o Company at 600 Galveston Drive, Redwood City, California 94063,
or at such other address or number as Investor shall have furnished to Company
in writing, or if to Company, at 600 Galveston Drive, Redwood City, California
94063 or at such other address or number as Company shall have furnished to
Investor in writing.

            (g) VALIDITY. If any provision of this Agreement, the Notes or the
Warrant shall be judicially determined to be invalid, illegal or unenforceable,
the validity, legality and enforceability of the remaining provisions shall not
in any way be affected or impaired thereby.

            (h) COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which shall be an original, but all of which together
shall be deemed to constitute one instrument.

            (i) ASSIGNMENT. The terms and conditions of this Agreement shall
inure to the benefit of and be binding upon the respective successors and
assigns of the parties. Nothing in this Agreement, express or implied, is
intended to confer upon any party other than the parties hereto or their
respective successors and assigns any rights, remedies, obligations, or
liabilities under or by reason of this Agreement, except as expressly provided
in this Agreement.

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         IN WITNESS WHEREOF, the parties have caused this Agreement to be duly
executed and delivered by their proper and duly authorized officers as of the
date and year first written above.

                                              COMPANY:

                                              THE 3DO COMPANY
                                              a Delaware corporation

                                              By:
                                                --------------------------------

                                              Its:
                                                  ------------------------------

THE 3DO COMPANY
SIGNATURE PAGE TO THE
CONVERTIBLE NOTE PURCHASE AGREEMENT

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                                              INVESTOR:
                                              William M. Hawkins, III

                                              By:
                                                 -------------------------------

                                              Name:
                                                   -----------------------------

                                              Title:
                                                    ----------------------------

TRIP HAWKINS
SIGNATURE PAGE TO THE
CONVERTIBLE NOTE PURCHASE AGREEMENT<PAGE>

                                                                    Exhibit 10.2

         THIS NOTE AND THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN
         REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED OR ANY
         APPLICABLE STATE SECURITIES LAWS. THEY MAY NOT BE SOLD, OFFERED FOR
         SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE
         REGISTRATION STATEMENT AS TO THE SECURITIES UNDER SAID ACT OR AN
         OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION
         IS NOT REQUIRED.

         THIS NOTE AND THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO A
         LOCK-UP AGREEMENT BETWEEN THE COMPANY AND THE ORIGINAL HOLDER OF THIS
         NOTE THAT PROHIBITS SALE OR TRANSFER OF THIS NOTE OR THE SECURITIES
         REPRESENTED HEREBY FOR A PERIOD OF TWO YEARS FROM THE ISSUE DATE OF
         THIS NOTE. THIS AGREEMENT IS BINDING UPON TRANSFEREES. A COPY OF THIS
         AGREEMENT IS ON FILE WITH THE SECRETARY OF THE COMPANY.

                                 THE 3DO COMPANY

                           CONVERTIBLE PROMISSORY NOTE

$2,000,000.00                                                    August 16, 2000
                                                        Redwood City, California

         FOR VALUE RECEIVED The 3DO Company, a Delaware corporation ("COMPANY"),
promises to pay to William M. Hawkins, III ("HOLDER"), or its registered
assigns, the principal sum of Two Million Dollars ($2,000,000.00), or such
lesser amount as shall equal the outstanding principal amount hereof and any
unpaid accrued interest hereon, as set forth below, shall be due and payable on
the earlier to occur of (i) August 16, 2003, or (ii) when declared due and
payable by Holder upon the occurrence of an Event of Default (as defined below).
This Note is issued pursuant to the Convertible Note and Warrant Purchase
Agreement of even date herewith, as amended, modified or supplemented (the
"PURCHASE AGREEMENT") between Company and Holder. The holder of this Note is
subject to certain restrictions set forth in the Purchase Agreement and shall be
entitled to certain rights and privileges set forth in the Purchase Agreement.
Capitalized terms used but not otherwise defined herein shall have the meanings
ascribed to them in the Purchase Agreement.

         The following is a statement of the rights of Holder and the conditions
to which this Note is subject, and to which Holder, by the acceptance of this
Note, agrees:

         1. INTEREST. Commencing on August 16, 2000 and on each August 16
thereafter until all outstanding principal and interest on this Note shall have
been paid in full, Company shall pay interest at the rate of ten and one quarter
percent (10.25%) per annum on the principal of this Note
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outstanding during the period beginning on the date of issuance of this Note and
ending on the date that the principal amount of this Note becomes due and
payable.

         2. CONVERSION.

         (a) HART-SCOTT-RODINO CLEARANCE. Under Section 2 of the Purchase
Agreement, Company and Holder have agreed to file with the United States Federal
Trade Commission (the "FTC") and the Antitrust Division of the United States
Department of Justice (the "DOJ") pursuant to the Hart-Scott-Rodino Antitrust
Improvements Act of 1976, as amended (the "HSR ACT") all requisite documents and
notifications in order to provide for the conversion of this Note into shares of
Company's Common Stock. Upon the earlier of one business day after (i) the date
all required clearances or pre-termination notices under the HSR Act have been
received from the FTC and the DOJ (or all applicable waiting periods have
expired) or (ii) the date Holder and Company are no longer required by law to
make filings under the HSR to convert this Note into capital stock, the entire
principal amount of this Note together with all accrued interest shall
automatically convert into fully-paid and non-assessable shares of Company's
Common Stock. The number of shares of Common Stock to be issued upon conversion
shall be equal to the quotient obtained by dividing (i) the entire outstanding
principal amount of this Note at the date of conversion by (ii) $6.9375 (as
adjusted for any future stock splits, stock dividends, recapitalizations or the
like after August 16, 2000), provided that no fractional shares shall be issued.
In the event that the required clearances from the FTC and the DOJ are not
obtained, this Note shall not be convertible into Common Stock.

         (b) MECHANICS AND EFFECT OF CONVERSION. No fractional shares of
Company's capital stock will be issued upon conversion of this Note. In lieu of
any fractional share to which Holder would otherwise be entitled, Company will
pay to Holder in cash the amount of the unconverted principal and interest
balance of this Note that would otherwise be converted into such fractional
share. Upon conversion of this Note pursuant to this Section 2, Holder shall
surrender this Note, duly endorsed, at the principal offices of Company or any
transfer agent of Company. At its expense, Company will, as soon as practicable
thereafter, issue and deliver to such Holder, at such principal office, a
certificate or certificates for the number of shares to which such Holder is
entitled upon such conversion, together with any other securities and property
to which Holder is entitled upon such conversion under the terms of this Note,
including a check payable to Holder for any cash amounts payable as described
herein. Upon conversion of this Note, Company will be forever released from all
of its obligations and liabilities under this Note with regard to that portion
of the principal amount and accrued interest being converted including without
limitation the obligation to pay such portion of the principal amount and
accrued interest.

         3. PREPAYMENT. This Note may be prepaid in whole or in part at any time
by Company without the prior written consent of Holder. Any such prepayment will
be applied first to the payment of expenses due under this Note, second to
interest accrued on this Note and third, if the amount of prepayment exceeds the
amount of all such expenses and accrued interest, to the payment of principal of
this Note.

         4. EVENTS OF DEFAULT. The occurrence of any of the following shall
constitute an "EVENT OF DEFAULT" under this Note:

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            (a) FAILURE TO PAY. Company shall fail to pay (i) when due any
principal payment on the due date hereunder or (ii) any interest or other
payment required under the terms of this Note on the date due and such payment
shall not have been made within fifteen (15) days of Company's receipt of
Holder's written notice to Company of such failure to pay; or

            (b) VOLUNTARY BANKRUPTCY OR INSOLVENCY PROCEEDINGS. Company shall
(i) apply for or consent to the appointment of a receiver, trustee, liquidator
or custodian of itself or of all or a substantial part of its property, (ii) be
unable, or admit in writing its inability, to pay its debts generally as they
mature, (iii) make a general assignment for the benefit of its or any of its
creditors, (iv) be dissolved or liquidated in full or in part, (v) become
insolvent (as such term may be defined or interpreted under any applicable
statute), (vi) commence a voluntary case or other proceeding seeking
liquidation, reorganization or other relief with respect to itself or its debts
under any bankruptcy, insolvency or other similar law now or hereafter in effect
or consent to any such relief or to the appointment of or taking possession of
its property by any official in an involuntary case or other proceeding
commenced against it, or (vii) take any action for the purpose of effecting any
of the foregoing;

            (c) INVOLUNTARY BANKRUPTCY OR INSOLVENCY PROCEEDINGS. Proceedings
for the appointment of a receiver, trustee, liquidator or custodian of Company
or of all or a substantial part of the property thereof, or an involuntary case
or other proceedings seeking liquidation, reorganization or other relief with
respect to Company or the debts thereof under any bankruptcy, insolvency or
other similar law or hereafter in effect shall be commenced and an order for
relief entered or such proceeding shall not be dismissed or discharged within
thirty (30) days of commencement.

         5. RIGHTS OF HOLDER UPON DEFAULT. Upon the occurrence or existence of
any Event of Default and at any time thereafter during the continuance of such
Event of Default, Holder may declare all outstanding obligations payable by
Company hereunder to be immediately due and payable without presentment, demand,
protest or any other notice of any kind, all of which are hereby expressly
waived. In addition to the foregoing remedies, upon the occurrence or existence
of any Event of Default, Holder may exercise any other right, power or remedy
granted to it or otherwise permitted to it by law, either by suit in equity or
by action at law, or both.

         6. LEGENDS. As promptly as practicable after conversion of this Note,
Company shall issue and deliver to Holder a certificate for the number of full
shares of Common Stock issuable upon such conversion. Company will place on each
certificate the following legends:

                     THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN
            REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED ("ACT"),
            OR ANY APPLICABLE STATE SECURITIES LAWS ("BLUE SKY LAWS"). ANY
            TRANSFER OF SUCH SECURITIES WILL BE INVALID UNLESS A REGISTRATION
            STATEMENT UNDER THE ACT OR AS REQUIRED BY BLUE SKY LAWS IS IN
            EFFECT AS TO SUCH TRANSFER OR IN THE OPINION OF COUNSEL
            SATISFACTORY TO THE COMPANY SUCH REGISTRATION IS UNNECESSARY IN
            ORDER FOR SUCH TRANSFER TO COMPLY WITH THE ACT OR BLUE SKY LAWS.

                                      -3-
<PAGE>

                           THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE
            SUBJECT TO A LOCK-UP AGREEMENT BETWEEN THE COMPANY AND THE
            ORIGINAL SHAREHOLDER THAT PROHIBITS SALE OR TRANSFER OF SUCH
            SHARES FOR A PERIOD OF UP TO TWO YEARS FOLLOWING THE DATE ON
            WHICH THE NOTE, PURSUANT TO WHICH THESE SHARES WERE CONVERTED,
            WAS ISSUED. THIS AGREEMENT IS BINDING UPON TRANSFEREES. A COPY OF
            THE AGREEMENT IS ON FILE WITH THE SECRETARY OF THE COMPANY.

         7. SUBORDINATION. The indebtedness evidenced by this Note is hereby
expressly subordinated in right of payment to any present and future
indebtedness of Company to banks, equipment lessors and other financial
institutions.

         8. SUCCESSORS AND ASSIGNS. Holder may not sell, transfer or otherwise
dispose of the Securities except in accordance with the restrictions set out in
the Purchase Agreement. The rights and obligations of Company and Holder of this
Note shall be binding upon and benefit the successors, assigns, heirs,
administrators and transferees of the parties.

         9. NO VOTING OR DIVIDEND RIGHTS; LIMITATION OF LIABILITY. Nothing
contained in this Note shall be construed as conferring upon the Holder hereof
the right to vote or to consent or to receive notice as a shareholder of the
Company or any other matters or any rights whatsoever as a shareholder of the
Company prior to the exercise of the Holder's rights to purchase shares of
Common Stock as provided for herein. No dividends shall be payable or accrued in
respect of this Note or the interest represented hereby or the shares
purchasable hereunder until, and only to the extent that, the conversion rights
of this Note shall have been exercised.

         10. WAIVER AND AMENDMENT. Any provision of this Note may be amended,
waived or modified upon the written consent of Company and Holder.

         11. NOTICES. Any notice, request or other communication required or
permitted hereunder shall be in writing and shall be deemed to have been duly
given (i) upon receipt if personally delivered, (ii) three (3) days after being
mailed by registered or certified mail, postage prepaid, or (iii) one day after
being sent by recognized overnight courier or by facsimile, if to Holder, at c/o
Company at 600 Galveston Drive, Redwood City, California 94063, or at such other
address or number as Holder shall have furnished to Company in writing, or if to
Company, at 600 Galveston Drive, Redwood City, California 94063 or at such other
address or number as Company shall have furnished to Holder in writing.

         12. PAYMENT. Payment shall be made in lawful tender of the United
States.

         13. GOVERNING LAW. The descriptive headings of the several sections and
paragraphs of this Note are inserted for convenience only and do not constitute
a part of this Note. This Note and all actions arising out of or in connection
with this Note shall be governed by and construed in

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accordance with the laws of the State of California, without regard to the
conflicts of law provisions of the State of California, or of any other state.

                                      -5-
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         IN WITNESS WHEREOF, Company has caused this Note to be issued as of the
date first written above.

                                              THE 3DO COMPANY
                                              a Delaware corporation

                                              By:
                                                 -------------------------------

                                              Title:
                                                    ----------------------------

                                              WILLIAM M. HAWKINS, III

                                              By:
                                                 -------------------------------

                                              Title:
                                                    ----------------------------

                                      -6-

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