Document:

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                                                                   Exhibit 10.25

                                   INFOGRAMES

                           TRADEMARK LICENSE AGREEMENT

         THIS TRADEMARK LICENSE AGREEMENT (the "Agreement"), effective as of May
10, 2000, is between Infogrames Entertainment S.A., a societe anonyme organized
under the laws of France, having its principal place of business at 84, rue du
ler Mars 1943, Villeurbanne, 69100 France ("Infogrames"), and GT Interactive
Software Corp., a Delaware corporation, having its principal place of business
at 417 5th Avenue, New York, N.Y. 10016 ("Licensee"). For purposes of this
Agreement, the rights and obligations of Licensee hereunder shall be deemed to
include each of Licensee's subsidiaries and affiliates "controlled" by it, but
only for so long as each remains a subsidiary or affiliate, as the case may be,
controlled by Licensee. "Control" shall mean the possession, whether direct or
indirect, of the power to direct or cause the direction of the management and
policies of an entity, whether through the ownership of voting securities, by
contract, or otherwise.

                              W I T N E S S E T H:

         WHEREAS, Infogrames is the owner of the Trademarks listed or described
on Schedule A hereto (collectively the "Trademarks") used in connection with its
business.

         WHEREAS, Infogrames has the power and authority to grant to Licensee
the right and license to use the Trademarks pursuant to this Agreement;

         WHEREAS, Infogrames is a majority shareholder of Licensee and is in the
business of, among other things, developing, publishing and distributing
software and providing products and services related to software;

         WHEREAS, Licensee is also in the business of developing, publishing and
distributing software and providing products and services related to software
(the "Business"); and

         WHEREAS, Licensee desires to obtain from Infogrames a license to use
the Trademarks for the Business, including but not limited to entertainment and
edutainment software for p.c. and video game consoles (collectively,
"Products").

         NOW, THEREFORE, in consideration of the promises and mutual covenants,
agreements and obligations set forth herein, the sufficiency of which is hereby
acknowledged, the parties hereto agree as follows:

1.   GRANT OF LICENSE.
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Subject to the terms and conditions herein, Infogrames hereby grants to
Licensee, during the Term (as defined below), the royalty-free, non-exclusive
right and license to use the Trademarks in connection with the Business in the
Territory (as defined below), including, without limitation, in Licensee's own
name on all corporate materials and on all Products' packaging, marketing,
advertising and promotional materials and for identification purposes for
individuals who are associated with the Products and/or the Business.

              The term "Territory" shall mean worldwide.

              Licensee shall have no right to sublicense any of its rights under
              this Agreement without the prior written consent of Infogrames,
              which consent may be withheld in Infogrames's sole but reasonable
              discretion.

              To the extent Licensee sublicenses any of its rights under this
              Agreement, it shall do so only pursuant to a written sublicense
              agreement approved in advance in writing by Infogrames. Licensee
              shall be responsible for any failure of its sublicensees to comply
              with the requirements of the applicable sublicense agreement.

2.   ACKNOWLEDGMENT OF OWNERSHIP.

              2.1     Licensee recognizes and acknowledges the validity of
                      Infogrames's rights in the Trademarks and that Infogrames
                      is the owner thereof as so represented by Infogrames
                      herein. Licensee agrees not to challenge the validity of
                      or Infogrames' title to the Trademarks, and not to oppose
                      or petition to cancel any applications filed or
                      registrations received in respect of such rights.
                      Licensee's use of the Trademarks shall inure to the
                      benefit of Infogrames.

              2.2     All rights and good will created by or arising from use of
                      the Trademarks by Licensee shall be and remain the sole
                      and exclusive property of Infogrames, and Licensee does
                      hereby waive and renounce any and all claims to such
                      Trademarks. Licensee further agrees not to perform any act
                      or omission materially adverse to the Trademarks.

              2.3     Licensee shall not attempt to register or claim rights in
                      the Trademarks, alone or as part of its own trademark, in
                      the Territory or in jurisdictions foreign thereto.
                      Licensee acknowledges that Infogrames, as the owner of the
                      Trademarks, shall have the exclusive right to apply for,
                      and to extend, all registrations for the Trademarks
                      throughout the Territory. Licensee agrees to cooperate
                      with Infogrames with respect to the preparation of any
                      application for or extensions of any such registrations,
                      and shall execute any other documents Infogrames may
                      reasonably require to maintain the registrations in
                      effect. All expenses in connection with the registrations
                      shall be paid by Infogrames.

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3.   TERM.

              Subject to the parties' right to terminate the license as detailed
              in Section 4 below, the term of the license granted hereunder (the
              "Term") shall be perpetual.

4.   TERMINATION OF THE TERM.

              4.1     Either party hereto shall have the right to terminate this
                      Agreement by the delivery to the other party of one (1)
                      year advance written notice of termination or such shorter
                      period as may be agreed to by the parties, or, in the case
                      of a breach of Section 6 below, Infogrames may terminate
                      with thirty (30) days advance written notice. If
                      termination is for breach of Section 6 below, such notice
                      shall be of no force or effect and the Agreement shall not
                      thereby be terminated if such breach shall have been cured
                      prior to the expiration of such 30-day period. If such
                      breach shall not have been cured within such 30 day
                      period, Licensee shall take all steps necessary as soon as
                      possible thereafter to cease all use of the Trademarks;
                      provided, however, that Licensee shall not be required to
                      recall any Products in connection with the termination of
                      its or any of its affiliates rights to use the Trademarks
                      hereunder.

              4.2     If either party hereto shall file a voluntary petition
                      under any bankruptcy or insolvency law, or if any
                      involuntary petition is filed against either party hereto
                      under any bankruptcy or insolvency law and such petition
                      is not dismissed within sixty (60) days of such filing, or
                      if either party hereto shall make any assignment for the
                      benefit of its creditors or shall make any arrangement
                      pursuant to any bankruptcy or insolvency law, then the
                      other party hereto shall have the right to terminate the
                      Term by the delivery to such first party hereto of written
                      notice of termination. This notice shall state the basis
                      for such claim of a right to terminate the Term and shall
                      be effective immediately upon its delivery.

              4.3     In the event that Infogrames' ownership interest, whether
                      direct or indirect, in Licensee shall at any time be less
                      than fifty percent (50%) or in the event that Infogrames
                      no longer controls the management and policies of
                      Licensee, Infogrames and Licensee shall enter into good
                      faith negotiations to provide for appropriate terms on
                      which Licensee will discontinue all use of the Trademarks
                      hereunder, and Infogrames will cooperate with Licensee in
                      connection with any corporate action necessary as a result
                      of any termination under this Section 4.3.

5. EFFECT OF TERMINATION OR EXPIRATION OF THE TERM.

              Subject to the provisions of Section 4 above, upon termination of
              this

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              Agreement, Licensee agrees to immediately cease use of the
              Trademarks.

6.   QUALITY CONTROL.

              6.1     Licensee shall use the Trademarks in connection with the
                      Business, including but not limited to the Products and
                      any marketing, advertising, promotional and corporate
                      materials, only in the manner set forth in guidelines
                      provided to Licensee in writing by Infogrames, as the same
                      may be modified or amended from time to time (the
                      "Guidelines"), or as otherwise specified in writing by
                      Infogrames, and in compliance with all applicable laws,
                      rules, regulations, policies, requirements and the like of
                      federal, state, local and other governmental,
                      administrative or judicial authorities. Licensee
                      acknowledges that if the Products are of inferior quality,
                      the substantial goodwill which Infogrames possesses in the
                      Trademarks may be impaired. Licensee must obtain
                      Infogrames's prior written approval for any other use of
                      the Trademarks. Infogrames may withhold its approval in
                      its sole discretion.

              6.2     Licensee shall, at its sole cost and expense, upon
                      reasonable request by Infogrames, supply to Infogrames
                      samples of the use of the Trademarks, including samples of
                      Products bearing the Trademarks and promotional and
                      written materials, for purposes of inspection to determine
                      if the Products and other materials meet the standards of
                      quality acceptable to Infogrames. Such right of inspection
                      to determine compliance with this Agreement and the
                      quality controls set forth herein shall only be undertaken
                      during business hours and without creating any
                      unreasonable disturbance to inspect the premises of
                      Licensee.

              6.3     Licensee shall not use the Trademarks in any advertising
                      or promotional material or in connection with the Products
                      or conduct any activities with respect to the Business in
                      a manner which is reasonably likely to adversely affect or
                      detract from the Trademarks or Infogrames; provided,
                      however, that Licensee shall not be in breach of this
                      Section 6.3 if Infogrames has approved such use pursuant
                      to Section 6.2.

              6.4     Licensee agrees that whenever it uses any of the
                      Trademarks which are registered, it shall do so in
                      connection with the registration symbol "(R)". Licensee
                      also agrees that whenever it uses any of the Trademarks
                      which are not registered, it shall apply any marking that
                      Infogrames reasonably requests (for example, "TM").

              6.5     Should Licensee fail to comply with any one or more of the
                      provisions of this Section 6, or fail, to the reasonable
                      satisfaction of Infogrames, to meet the standard of
                      quality with respect to the Products and other

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                      materials established by Infogrames, Infogrames shall have
                      the right to terminate this Agreement in accordance with
                      the provisions of Section 4.1.

7.   REPRESENTATIONS AND WARRANTIES.

              7.1     Each party represents and warrants that it is in
                      possession of the full right, power and authority to enter
                      into this Agreement.

              7.2     Licensee represents and warrants that all activities
                      conducted in connection with the Business by Licensee and
                      its employees, officers, directors, and sublicensees, if
                      any, shall be in material compliance with and shall not
                      violate in any material respect any laws, rules,
                      regulations, policies, requirements and the like of
                      federal, state, local and other governmental,
                      administrative or judicial authorities.

8.   INDEMNIFICATION AND HOLD HARMLESS.

              8.1     Infogrames shall have no obligation to indemnify or hold
                      Licensee harmless from and against, and shall not be
                      responsible or liable for, any claims, liabilities,
                      damages, losses, costs, attorneys fees, etc., with respect
                      to any action, inaction or activities by Licensee, its
                      sublicensees, and/or one or more third parties concerning,
                      either directly or indirectly, the subject matter of this
                      Agreement. Notwithstanding the foregoing, Infogrames shall
                      indemnify, defend and hold harmless Licensee from and
                      against any claim, demand, proceeding or action for
                      infringement, by use of the Trademarks, of third party
                      intellectual property rights, provided that the Trademarks
                      are used in accordance with the provision of this
                      Agreement, and further provided that the Licensee gives
                      Infogrames prompt written notice of any such claim,
                      demand, proceeding or action.

              8.2     Licensee shall be solely responsible and liable for, with
                      no liability or responsibility on the part of Infogrames
                      or any third party engaged by Infogrames, and shall
                      indemnify and hold Infogrames harmless from and against
                      any and all claims, demands, liabilities, damages, losses,
                      costs, expenses, reasonable counsel fees and settlements,
                      which Infogrames or its officers, directors, employees,
                      agents, attorneys, affiliates, etc. may sustain:

                      (a)      Arising from any and all unauthorized action,
                               inaction, activities, products or services,
                               including, but not limited to, the Products
                               provided by Licensee, its sublicensees or third
                               parties;

                      (b)      Resulting from any breach or default in the
                               performance or observance of any of the covenants
                               or obligations of Licensee hereunder or of
                               Licensee's sublicensees under the applicable

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                               sublicense agreements;

                      (c)      Arising from any of Licensee's or its
                               sublicensees' obligations or liabilities; or

                      (d)      Arising from any product liabilities relating to
                               the Products.

9.   ENFORCEMENT AND PROTECTION.

              9.1     Infogrames shall endeavor to investigate unauthorized uses
                      or misuses by third parties of the Trademarks, or
                      variations thereof, brought to its attention by Licensee.
                      However, Infogrames shall not be required to bring suit or
                      take action with respect to such unauthorized use or
                      misuse by third parties.

              9.2     Licensee shall immediately notify Infogrames of any
                      unauthorized use or misuse of the Trademarks or variations
                      thereof as comes to Licensee's attention, with Infogrames
                      having the sole right and discretion to take action in
                      respect to the unauthorized use or misuse of the
                      Trademarks; provided, however, that to the extent
                      Infogrames declines to take action with respect to any
                      unauthorized use or misuse of the Trademarks and such
                      unauthorized use or misuse materially adversely affects
                      Licensee's Business or any Product published or developed
                      by Licensee, Licensee shall have the right to take action
                      with respect to such unauthorized use or misuse.

10.  NOTICES AND OTHER COMMUNICATIONS.

              Any notice or other communication required, contemplated or
              permitted by this Agreement by any party, shall be in writing and
              shall be either personally delivered or sent by Federal Express or
              other reputable overnight courier for next business day delivery
              with charges billed to or prepaid by shipper, or sent by certified
              mail, return receipt requested, postage prepaid, at the addresses
              set forth in the preamble of this Agreement.

              Any notice personally served shall be deemed delivered on the date
              of such service. Any notice sent by overnight courier as provided
              above shall be deemed delivered on the first business day after
              the date such notice was delivered to such overnight courier. Any
              notice sent by certified mail as provided above shall be deemed
              delivered on the third business day next following the postmark
              date the notice bears.

11. INJUNCTIVE RELIEF.

             Licensee acknowledges that Infogrames may be irreparably harmed by
             any breach of this Agreement and that any monetary relief may be
             inadequate to compensate Infogrames for any breach by Licensee.
             Therefore, in addition to any monetary relief available to
             Infogrames, Infogrames shall be entitled,

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             without the necessity of proving irreparable harm or posting any
             bond, to injunctive relief against Licensee upon making an
             adequate showing of a material breach of this Agreement by
             Licensee.

12.  ASSIGNMENT AND BINDING EFFECT.

             This Agreement shall be binding upon and shall inure to the benefit
             of the parties hereto and their respective assigns and successors
             in interest, provided, however, that Licensee shall not assign or
             otherwise transfer any of such rights, duties, obligations or
             undertakings or any portion thereof, to any third party without the
             prior written consent of Infogrames. Any attempted assignment or
             transfer in violation of these provisions shall be invalid.

13.  SEVERABILITY.

             The invalidity, illegality or unenforceability of any provision
             hereof shall not in any way affect, impair, invalidate or render
             unenforceable this Agreement or any provision thereof.

14.  FURTHER ASSURANCE.

             Licensee agrees that it will, after the date hereof, from time to
             time and without further consideration thereof, execute and deliver
             such further instruments and take such further actions as may be
             required to implement the transactions contemplated hereby.
             Infogrames agrees that it will, after the date hereof, from time to
             time and without further consideration therefor, execute and
             deliver such further instruments and take such further actions as
             may be required to implement the transactions contemplated hereby.

15.  GOVERNING LAW AND JURISDICTION.

             This Agreement shall be governed by and construed in accordance
             with the laws of the State of New York applicable to agreements
             made and to be performed wholly within such jurisdiction, without
             regard to the conflicts of law principles thereof. All disputes
             under this Agreement shall be resolved by the courts of the State
             of New York, including the state and federal courts, and the
             parties all consent to the jurisdiction of such courts, agree to
             accept service of process by mail, and hereby waive any
             jurisdictional or venue defenses otherwise available to it.

16.  RELATIONSHIP OF THE PARTIES.

             This Agreement shall not create a relationship of agent, employee,
             or partner of or joint venturer with the other party. The
             relationship between the parties with respect to the subject matter
             covered hereby is one of licensor and licensee.

17.  PARAGRAPH HEADINGS.

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             Paragraph and Section headings of this Agreement are for reference
             and convenience only and shall have no bearing on the
             interpretation of this Agreement.

18.  ENTIRE AGREEMENT.

             This Agreement (including schedules attached hereto) constitutes
             the entire agreement between the parties regarding the subject
             matter hereof. All prior agreements or arrangements, written or
             oral, between the parties relating to the subject matter hereof are
             hereby canceled and superseded.

                                    * * * * *

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              IN WITNESS WHEREOF, the parties have caused this Agreement to be
duly executed the day and year first written above.

                             INFOGRAMES ENTERTAINMENT S.A.

                             By:  /s/ Bruno Bonnell
                             Name:  Bruno Bonnell
                             Title: President and Director General

                             GT INTERACTIVE SOFTWARE CORP.

                             By:  /s/ Denis Guyennot
                             Name:  Denis Guyennot
                             Title:  President and Chief Operating Officer

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                                                                  Exhibit 10.26g

                        MASTER ASSIGNMENT AND ACCEPTANCE

                  MASTER ASSIGNMENT AND ACCEPTANCE (this "Assignment and
Acceptance"), dated as of February 15, 2000, by and among the parties listed on
the signature pages hereof.

                              STATEMENT OF PURPOSE:

                  The Assignors referred to below are also party to that certain
Credit Agreement, dated as of September 11, 1998 (as heretofore amended,
supplemented or otherwise modified, the "Credit Agreement"), by and among GT
Interactive Software Corp. (the "Borrower"), the banks, financial institutions
and other entities party thereto as lenders (the "Existing Lenders"),
NationsBanc Montgomery Securities, LLC, as syndication agent, Fleet Bank, N.A.,
as documentation agent, and First Union National Bank ("First Union"), as
administrative agent for the Existing Lenders (in such capacity, the "Existing
Agent").

                  Infogrames Entertainment SA (the "Assignee") has informed the
Existing Agent and the Existing Lenders that it wishes to acquire from the
Existing Lenders all of their rights and obligations in respect of their
Commitments (including their Extensions of Credit) under the Credit Agreement
pursuant to this Assignment and Acceptance.

                  In connection with the acquisition by the Assignee of the
Commitments under the Credit Agreement pursuant to this Assignment and
Acceptance, the Existing Agent, concurrently with the effectiveness of this
Assignment and Acceptance, will resign as Administrative Agent under the Credit
Agreement and the other Loan Documents and, in connection with such resignation,
the Existing Agent will assign all of its rights in the Collateral (as defined
in the Security Documents) to the Assignee, as successor Administrative Agent
under the Credit Agreement and the other Loan Documents, pursuant to the
Collateral Assignment Agreement dated as of the date hereof.

                  The Existing Agent and the Assignors (as defined below) are
willing to enter into this Assignment and Acceptance.

                  NOW THEREFORE, each of the parties hereto hereby agrees as
follows:

                  1. Capitalized terms used herein and not otherwise defined
shall have their respective meanings set forth in the Credit Agreement.

                  2. Subject to the terms and conditions hereof, effective as of
the Assignment Effective Date (as defined below), each Existing Lender (each, an
"Assignor" and, collectively, the "Assignors") hereby irrevocably sells and
assigns to the Assignee, without recourse to such Assignor, and the Assignee
hereby irrevocably purchases and assumes from
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such Assignor, without recourse to such Assignor, all of such Assignor's
interest, rights and obligations under the Credit Agreement with respect to its
Commitments, including without limitation, its Extensions of Credit (as to each
such Assignor, its "Assigned Interest") under the Credit Agreement as set forth
on Schedule A. This Assignment and Acceptance is entered into pursuant to, and
authorized by, Section 13.10 of the Credit Agreement.

                  3. Each Assignor represents and warrants that it is the legal
and beneficial owner of the Assigned Interest being assigned by it hereunder and
that such Assigned Interest is free and clear of any adverse claim. Effective as
of the Assignment Effective Date, each Assignor which is the holder of one or
more Notes issued in its favor under the Credit Agreement severally agrees to
return the originals of such Notes to the Borrower as soon as practicable
following the Assignment Effective Date or, in the event any such Notes have
been lost or destroyed, to confirm to the Borrower in writing that such Notes
have been lost or destroyed.

                  4. The Borrower and the Existing Agent hereby agree that the
Assignee is an Eligible Assignee under the Credit Agreement.

                  5. Neither any Assignor nor the Existing Agent (a) makes any
representation or warranty or assumes any responsibility with respect to any
statements, warranties or representations made in or in connection with the
Credit Agreement or any other Loan Document or with respect to the execution,
legality, validity, enforceability, genuineness, sufficiency or value of the
Credit Agreement, any other Loan Document, any other instrument or document
furnished pursuant thereto or any Collateral (as defined in the Security
Agreement and the Pledge Agreement) or the legality, validity, perfection or
priority of any Lien granted or purported to be granted pursuant to any Security
Document, or (b) makes any representation or warranty or assumes any
responsibility with respect to the financial condition of the Borrower, any of
its Subsidiaries or any other obligor or the performance or observance by the
Borrower, any of its Subsidiaries or any other obligor of any of their
respective obligations under the Credit Agreement, any other Loan Document or
any other instrument or document furnished pursuant thereto.

                  6. The Assignee (a) represents and warrants that it is legally
authorized to enter into this Assignment and Acceptance, (b) confirms that it
has received a copy of the Credit Agreement, together with copies of the
financial statements furnished or delivered pursuant to Section 7.1 thereof and
such other documents and information as it has deemed appropriate to make its
own credit analysis and decision to enter into this Assignment and Acceptance,
(c) agrees that it will, independently and without reliance upon any Assignor or
the Existing Agent and based on such documents and information as it shall deem
appropriate at the time, continue to make its own credit decisions in taking or
not taking action under the Credit Agreement, the other Loan Documents or any
other instrument or document furnished pursuant thereto, (d) acknowledges that
effective as of the Assignment Effective Date, First Union is resigning as the
Existing Agent under the Credit Agreement and (e) agrees that it will be bound
by the provisions of the Credit Agreement and the other Loan Documents and will
perform in accordance with their terms all the obligations which by the terms of
the

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Credit Agreement and the other Loan Documents are required to be performed by it
as a Lender.

                  7. This Assignment and Acceptance shall become effective upon
the satisfaction of the following conditions (the date upon which such
conditions are first satisfied is referred to as the "Assignment Effective
Date"): (a) the execution and delivery of this Assignment and Acceptance by each
of the parties hereto; (b) the receipt by the Existing Agent from the Assignee
by wire transfer of freely and immediately available funds to the account
specified on Schedule B, (i) for the account of the Existing Lenders, in an
amount equal to the aggregate principal amount of all Loans outstanding under
the Credit Agreement as set forth on Schedule B, (ii) for the account of the
Existing Lenders, in an amount equal to the amount payable in respect of all
accrued and unpaid interest and all fees and any other amounts payable under the
Credit Agreement as of February 15, 2000, including without limitation, amounts
payable under Sections 3.3, 4.3 and 13.2 of the Credit Agreement, and (iii) for
its own account, in an amount payable under Section l3.10(b)(v) of the Credit
Agreement with respect to each assignment by an Assignor under this Assignment
and Acceptance; and (c) the receipt by the Issuing Lender of cash collateral in
the manner set forth in Section 2.5(c) of the Credit Agreement pursuant to
documentation in form and substance reasonably satisfactory to the Issuing
Lender in an amount, as set forth on Schedule B, equal to 105% of the aggregate
outstanding undrawn face amount of all Letters of Credit issued by the Issuing
Lender under the Credit Agreement. If the Assignment Effective Date does not
occur on February 15, 2000, the amounts payable under clause (b)(i) and (ii)
above shall be updated pursuant to a new Schedule B to be prepared by the
Existing Agent.

                  8. From and after the Assignment Effective Date, (a) each
Assignor shall, to the extent provided in this Assignment and Acceptance,
relinquish its rights and be released from its obligations under the Credit
Agreement and the other Loan Documents, (b) the Issuing Lender hereby releases
each of the Assignors from its obligations to the Issuing Lender as an L/C
Participant in respect of Letters of Credit issued by the Issuing Lender under
the Credit Agreement which are outstanding on the Assignment Effective Date, (c)
the Existing Agent, the Issuing Lender and each Existing Lender shall continue
to be entitled to the benefit of each of the provisions of the Credit Agreement
which are stated to survive the termination of the Credit Agreement and the
payment of all amounts owing thereunder, including without limitation, Sections
4.11, 12.7 and 13.2 of the Credit Agreement, and any amounts owing thereunder
shall constitute "Obligations" under the Pledge Agreement and the Security
Agreement and "Borrower Obligations" under the Guaranty Agreement and (d) the
Issuing Lender shall cease to have any obligation to issue any Letters of Credit
under the Credit Agreement. Notwithstanding the foregoing, each of the Existing
Lenders, in their capacities as Holders under, and as defined in, each of the
Warrant Agreement and the Registration Rights Agreement shall retain their
rights and interests in effect as of the Assignment Effective Date under each of
the Warrant Agreement and the Registration Rights Agreement, which in each case
shall remain in full force and effect.

                  9. The Borrower, on behalf of the Borrower and the Guarantors,
for themselves and on behalf of their respective officers, directors, employees,
and their respective successors and assigns, do hereby forever (a) release,
discharge and acquit each of the Existing

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Agent and the Existing Lenders and their respective parents, subsidiaries and
affiliate corporations, officers, directors, shareholders, employees, attorneys,
agents and servants, and their respective predecessors, successors and assigns
(collectively, the "Released Parties"), of and from any and all claims, demands,
obligations, liabilities, indebtedness, responsibilities, disputes, breaches of
contract, breaches of duty or any relationship, acts, omissions, cause or causes
of action (whether at law or in equity), debts, sums of money, accounts,
compensations, contracts, controversies, promises, damages, costs, rights of
offset, losses and expenses, of every type, kind, nature, description or
character, whensoever arising out of any actions or omissions of the Released
Parties occurring at any time through the date hereof, and irrespective of how,
why, or by reason of what facts, whether heretofore or now existing, held or
alleged, or which could, might or may be claimed to exist, of whatever kind or
nature, whether known or unknown, suspected or unsuspected, liquidated or
unliquidated, matured or unmatured, fixed or contingent (collectively, the
"Claims"), against the Released Parties, or any of them, each as though fully
set forth herein at length which in any way arise out of, are connected with or
relate to the Credit Agreement or the other Loan Documents or to the loans and
other financial accommodations made pursuant to and evidenced by the Credit
Agreement or to the Obligations, any and all guaranties of the Borrower
Obligations (as defined in the Guaranty Agreement) and/or any and all collateral
security for the Obligations (as defined in the Security Documents), as well as
any action or inaction of any Released Party with respect to the Credit
Agreement or any other Loan Document or to the loans and other financial
accommodations made pursuant to and evidenced by the Credit Agreement, or to the
Obligations, any and all guaranties of the Borrower Obligations (as defined in
the Guaranty Agreement) and/or any and all collateral security for the
Obligations (as defined in the Security Documents), but excluding any Claim
arising as a result of a breach of this Assignment and Acceptance by the
Released Parties, and (b) agree not to bring any action in any judicial,
administrative or other proceeding against the Released Parties, or any of them,
alleging any such Claim, except in the case of any Claim arising as a result of
a breach of this Assignment and Acceptance.

                  10. THIS ASSIGNMENT AND ACCEPTANCE SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK. EACH OF THE
ASSIGNORS AND THE ASSIGNEE HEREBY IRREVOCABLY WAIVES TRIAL BY JURY IN ANY ACTION
OR PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE)
ARISING OUT OF OR RELATING TO THIS ASSIGNMENT AND ACCEPTANCE.

                  11. This Assignment and Acceptance may be executed in one or
more counterparts, each of which shall be an original and all of which taken
together shall constitute one and the same instrument. This Assignment and
Acceptance is being executed and delivered pursuant to Section 13.10(b) of the
Credit Agreement and is hereby deemed to be recorded in the Register pursuant to
Section 13.10(d) of the Credit Agreement.

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                  IN WITNESS WHEREOF, the parties hereto have caused this
Assignment and Acceptance to be executed as of the date first above written by
their respective duly authorized officers.

                                          BORROWER:

                                          GT INTERACTIVE SOFTWARE CORP.

                                          By:
                                             -----------------------------------
                                             Name:
                                             Title:

                                          ASSIGNORS:

                                          FIRST UNION NATIONAL BANK,
                                          as Existing Agent, as Issuing Lender
                                          and as an Existing Lender

                                          By:
                                             -----------------------------------
                                             Name:
                                             Title:

                                          BANK OF AMERICA., N.A.

                                          By:
                                             -----------------------------------
                                             Name:
                                             Title:

                                          EUROPEAN AMERICAN BANK

                                          By:
                                             -----------------------------------
                                             Name:
                                             Title:

                                       5
<PAGE>   6
                                          FLEET BANK, N.A.

                                          By:
                                             -----------------------------------
                                             Name:
                                             Title:

                                          NATIONAL BANK OF CANADA

                                          By:
                                             -----------------------------------
                                             Name:
                                             Title:

                                          By:
                                             -----------------------------------
                                             Name:
                                             Title:

                                          THE BANK OF NOVA SCOTIA

                                          By:
                                             -----------------------------------
                                             Name:
                                             Title:

                                       6
<PAGE>   7
                                          ASSIGNEE:

                                          INFOGRAMES ENTERTAINMENT, S.A.

                                          By:
                                             -----------------------------------
                                             Name:
                                             Title:

                                       7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00011-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00011-of-00352.parquet"}]]