Document:

<PAGE>

                                                                   EXHIBIT 10.2

                             ATARI INTERACTIVE, INC.

                             SECURED PROMISSORY NOTE

$23,058,997.19                                                  November 3, 2004

            ATARI INTERACTIVE, INC. (the "Company"), a Delaware corporation,
promises to pay to Atari, Inc. ("Atari"), a Delaware corporation, or its assigns
(Atari or its assign being the "Holder"), at the times described below, the
principal sum of $23,058,997.19 , plus all additions to that principal sum made
as provided in Section 2 or 5 below. The Company also promises to pay interest
on the balance of that principal sum which is unpaid from time to time at the
rate per annum during each calendar month that is (i) the prime rate (as quoted
in The Wall Street Journal on the second to last business day of the preceding
calendar month) plus (ii) 3.25% per annum.

            1. Subject to the prepayment provisions in Section 6, the principal
sum evidenced by this Note will be due and payable in its entirety on March 31,
2005.

            2. Interest will be payable on the first day of each calendar month
(each an "Interest Payment Date"), with the first interest payment to be made on
the first Interest Payment Date after the date of this Note. Until March 31,
2005, the interest payment due on each Interest Payment Date will be added to,
and become part of, the principal sum evidenced by this Note. Any interest
payment due after March 31, 2005 must be paid in cash on the day on which it is
due.

            3. Each payment of principal or interest will be made to the Holder
by certified or bank cashier's check or wire transfer, at such address or to
such account as the Holder specifies to the Company in writing at least three
business days before the payment is due to be made.

            4. Any payment of principal or interest which is not made when it is
due will bear interest from the day it is due until it is paid at the annual
rate which is 200 basis points higher than the interest rate in effect on the
day the payment is due, or such lower rate as is the maximum rate permitted by
law.

            5. If after the date of this Agreement, Atari advances any sums to
the Company, whether in the form of loans or otherwise, Atari may, at the time
of each advance, elect, by a notice to the Company given at or before the time
of the advance, to add the sum advanced to the principal sum evidenced by this
Note, in which case, at the time that sum is advanced by Atari, that sum will be
added to, and will become part of, the principal sum evidenced by this Note,
will bear interest from that date at the rate provided in this Note and will be
secured by the security for sums due under this Note as provided in Section 11.

            6. (a) Pursuant to the terms of that certain Obligation Assignment
and Security Agreement (the "Security Agreement") dated as of November 3, 2004
among the Company, Atari, Infogrames Entertainment, S.A. ("IESA"), Atari Europe
S.A.S. ("Europe") and Paradigm Entertainment, Inc. ("Paradigm"), Atari may at
any time apply any sum due from Atari to the Company, IESA, Europe or Paradigm
as a prepayment of the sums evidenced by this Note. Each such prepayment will be
applied first against any interest that is due and payable (and has not been
added to, and become a part of, the

<PAGE>

principal sum evidenced by this Note) and the balance of each such prepayment
will be applied to reduce the outstanding balance of the principal sum evidenced
by this Note.

      (b) In order to apply a sum owed by Atari to the Company, IESA, Europe or
Paradigm as a prepayment of the sums evidenced by this Note, Atari must notify
the Company and, if a sum due to IESA, Europe or Paradigm is being applied,
notify the applicable one of IESA, Europe and Paradigm of the amount that is
being applied as a prepayment of sums evidenced by this Note and in that notice
identify the payable that is being applied.

      (c) If Atari applies a sum owed to IESA or to Paradigm against sums due
under this Note, the Company will automatically become obligated to pay that sum
to the applicable one of IESA or Paradigm, provided that the Company will not be
permitted to make such payment, and neither IESA nor Paradigm will make any
effort to collect such amount, until all interest on, and principal of, the
indebtedness evidenced by this Note has been paid in full (whether in cash, by
application of sums due to the Company, IESA or Paradigm, or otherwise).

            7. The Company may at any time prepay all or any portion of the
outstanding balance of the principal sum evidenced by this Note, provided that
each prepayment must be at least $100,000, or such lesser amount as is the
entire principal sum which is outstanding immediately before the prepayment.
Each prepayment of principal must be accompanied by all accrued but unpaid
interest on the principal sum being prepaid.

            8. If at March 31, 2005, any royalties or other sums from Atari to
the Company have been earned, but are not yet due and payable, the Company may
apply all or a portion of those royalties or other sums in payment of sums due
under this Note on March 31, 2005, by notifying Atari not later than March 31,
2005 of the amount of those sums that is being applied. Delivery of that notice
to Atari will irrevocably (i)satisfy Atari's obligation to pay to the Company
the sum that is applied when that sum becomes due, and (ii) constitute payment
of the sums due under this Note in an amount equal to (A) the sum that is
applied, (B) discounted at the same interest rate as the one applicable to this
Note for the month of February 2005.

            9. Each of the following events will constitute an Event of Default:

                  (a) The Company fails to make any payment of principal on or
before the day on which it is due; or

                  (b) The Company fails to make any payment of interest within
ten days after the day on which is it due (after taking account of the Company's
right to add interest to principal as provided in Section 2); or

                  (c) The Company fails to, on or before November 12, 2004,
execute and deliver to the Holder the Security Agreement and the Collateral
Agency Agreement (as described in Section 11(a)(ii)), perform all the other acts
required by Section 11, and deliver to the Holder all the other documents
required by the Collateral Agency Agreement; or

                  (d) The Company defaults in any of its obligations under this
Note other than obligations described in paragraphs (a), (b) and (c) above and
fails to cure that default within 30 days after a written demand from the Holder
that the Company do so; or

                                       2
<PAGE>

                  (e) The Company or a significant subsidiary (as that term is
defined in Securities and Exchange Commission Regulation S-X) commences a
proceeding seeking relief as a debtor under the Bankruptcy Code or any other
insolvency law; or

                  (f) An order is entered in a proceeding under the Bankruptcy
Code or any other insolvency law declaring the Company or a significant
subsidiary to be insolvent or appointing a receiver or similar official for
substantially all the Company's or a significant subsidiary's assets, and that
order is not dismissed within 90 days; or

                  (g) Because of events of default, holders of indebtedness of
the Company for borrowed money aggregating more than $100,000 accelerate the
time when that indebtedness is due and payable.

            10. Upon the occurrence of an Event of Default, the Holder may, by a
notice to the Company given while the Event of Default is continuing, declare
the entire unpaid balance of the principal sum evidenced by this Note and all
accrued but unpaid interest to be due and payable, in which event that principal
balance and accrued but unpaid interest will be immediately due and payable,
except that if the Event of Default is of the type described in subparagraph
9(e) or (f) above, the entire unpaid balance of the principal sum evidenced by
this Note and all accrued but unpaid interest will be immediately due and
payable when the Event of Default occurs, without requiring any notice or other
action by the Holder.

            11. To secure the Company's obligations to pay principal and
interest, and all the Company's other obligations, under this Agreement, the
Company grants the Holder the security interests described in the following
paragraphs.

      (a) (i) The Company grants the Holder a security interest in 2,000,000
shares of Atari common stock owned by the Company (the "Collateral Shares").
With regard to the Collateral Shares, the Holder will have all the rights, and
be entitled to all the remedies, granted by the Uniform Commercial Code as in
effect in New York State to a secured party upon default by a debtor, as well as
all rights provided in the Collateral Agency Agreement described in paragraph
(b) and provided elsewhere in this Note.

            (ii) In order to perfect the security interest in the Collateral
Shares, not later than November 12, 2004, the Company will (A) execute and
deliver to the Holder a Collateral Agency Agreement (the "Collateral Agency
Agreement") among the Company, Atari and a collateral agent (the "Collateral
Agent") designated by Atari and approved by the Company (which approval will not
be unreasonably withheld), in a form that is specified by Atari and is approved
by the Company (which approval will not be unreasonably withheld), and (B)
deliver to the Collateral Agent the certificates representing the Collateral
Shares, each accompanied by a stock power executed in blank, to be held by the
Collateral Agent on behalf of the Holder pursuant to the Collateral Agency
Agreement.

      (b) (i) The Company grants the Holder a security interest in all of
Company's right, title and interest in and to the Atari Marks within the
Territory within the class(es) of goods and services that encompass any and all
of Atari's rights with respect to the Atari Marks for the Products pursuant to
the Trademark License, it being understood and agreed that the Products referred
to in the Trademark License will be deemed to expressly include formats,
platforms, technology and delivery systems that now or hereafter exist or are
created or developed, and it being further understood and agreed that if Atari
should foreclose on such security interest, then with respect to each class of
good and services within which any Products may be developed, published or
distributed, Atari shall become the registered owner of the registrations and/or
applications associated with the Atari Marks. As used in this Note, the term
"Atari

                                       3
<PAGE>

Marks" means the "Atari" trademark and Fuji Logo (collectively, the "Atari
Marks") that, pursuant to a Trademark License Agreement (the "Trademark
License") dated September 4, 2003 between the Company and Atari, Atari has
certain exclusive rights to use with regard to Products and the Business
throughout the Territory (as such terms are defined in the Trademark License),
as well as to use the Atari name as (and the Fuji Logo in connection with) its
corporate name.

            (ii) The Company does not grant to Atari any security interest in
the Atari Marks with regard to any product other than the Products, for any
business other than the Business, in any territory other than the Territory, as
such terms Products, Business and Territory are defined in the Trademark License
and Paragraph 11(b)(i). The Company acknowledges and agrees that although Atari
will not own the Atari Marks with regard to Products distributed outside the
Territory, Atari shall have the absolute, royalty free, right to utilize the
Atari Marks as part of any legally-required designation of owner, manufacturer,
marketing entity, etc. of Products for so long as its corporate name is Atari.

            (iii) Not later than November 12, 2004, the Company will deliver to
the Holder all documents that must be filed with the United States Patent and
Trademark Office (and the equivalent governmental agencies in Canada and
Mexico), and all other documents that are necessary to perfect the security
interest in the Atari Marks described in subparagraph 11(b)(i) above, and
deliver to the Collateral Agent, to be held pursuant to the Collateral Agency
Agreement, (A) executed copies of all documents and other items reasonably
requested by the Holder in order to enable the Holder to take or transfer
ownership of, and permit the Holder or another person to exploit fully, the
Atari Marks upon foreclosure of the security interest in the Atari Marks (the
"Trademark Documentation"), which documentation will include instruments of
assignment and any other documents that must be filed with the United States
Patent and Trademark Office (and the equivalent governmental agencies in Canada
and Mexico) to effect a transfer and assignment of the Atari Marks, and (B) a
termination agreement, terminating Atari's obligations to the Company under the
Trademark License Agreement dated September 4, 2003.

            (iv) Not later than November 30, 2004, the Holder will obtain from
an independent expert approved by the Company (which approval will not be
unreasonably withheld) a valuation of the Trademarks (the "Trademark Value") as
a currently salable asset, without any expenditures by the seller to increase
the sale price of the Trademarks and taking account of the liquidity, or lack of
liquidity, in the market in which the Trademarks would be sold, as well as the
value to Atari of the termination of its need to make future royalty payments
(assuming the payments required by the Trademark License would continue in
perpetuity at the same level as those anticipated during the term of the
Trademark License) as a result of the termination of the Trademark License
Agreement. If the Company disagrees with the Trademark Value determined by the
independent expert, the Company may appoint a second expert to determine the
Trademark Value. If the two experts disagree as to the Trademark Value, they
will appoint a third expert, and the Trademark Value determined by the third
expert (but not more than the higher, nor less than the lower, of the values
determined by the first two experts) will be the Trademark Value.

      (c) If any sum required by this Note to be paid is not paid when it is
due, at any time after that and until all payments required by this Note have
been made, the Holder may, in addition to exercising any other remedies to which
it may be entitled, (i) take possession of the Atari Marks in satisfaction of a
portion of the Company's obligations to make payments under this Note equal to
the Trademark Valuation by instructing the Collateral Agent to deliver the
Trademark Documentation to the Holder or its designee (which may be a purchaser
in a foreclosure sale), (ii) instruct the Collateral Agent to deliver the
Collateral Shares to the Holder or its designee (which may be a purchaser in a
foreclosure sale) or (iii) do both. If the Trademark Value exceeds (A) the
balance due under this Note, minus (B) the value of any Collateral Shares that
are delivered to the Holder or its designee on the day those Collateral Shares
are delivered, at the same time the Holder notifies the Collateral Agent to
deliver the Trademark Documentation to the Holder or its designee, the Holder
must deliver to the Company (x) the number of

                                       4
<PAGE>

shares of Atari common stock that is the lesser of (I) the number of shares that
has a total value on the day they are delivered equal to the amount by which the
Trademark Value exceeds the balance due under this Note minus the value of any
Collateral Shares that are delivered and (II) the number of shares that is 4.9%
of the number of shares of Atari common stock that are outstanding, plus (y) if
the value of the shares of Atari common stock that are delivered is less than
the amount by which the Trademark Value exceeds the balance due under this Note
minus the value of any Collateral Shares that are delivered, a promissory note
in which the Holder promises to pay the amount of the deficiency beginning
December 31, 2009 in annual payments of $5 million each (or such lesser amount
as is the entire amount due) plus interest, payable monthly, at the prime rate
from time to time (as reported in The Wall Street Journal) plus 3.25% per annum.

      (d) For the purposes of this Note, the value of a share of Atari common
stock on any day will be deemed to be the average of the last sale prices of
Atari common stock reported on the Nasdaq National Market (or such other market
as is the principal market for Atari common stock) on each of the four trading
days immediately preceding that day.

      (e) When the entire principal sum evidenced by this Note and all interest
and other sums due under this Note have been paid in full, the security
interests granted in this Section will terminate as to all the collateral that
continues to be held by the Collateral Agent, and the Holder will instruct the
Collateral Agent to return to the Company any share certificates or Trademark
Documentation that it is holding.

            12. No amendment of this Note, waiver of any provision of this Note,
or extension of the time by which the Company must make any payment of principal
or interest required by this Note will be effective unless it is made in writing
by the Holder. Any waiver or extension will be effective only in the instance
and for the purpose for which it is given.

            13. The remedies provided in this Note are cumulative and are not
exclusive of any other remedies provided by law. The Company will pay on demand
any expenses (including reasonable attorneys' fees and expenses) incurred by the
Holder in enforcing its rights under this Note.

            14. Any notice or other communication required or permitted to be
given under this Note must be in writing and will be deemed given on the day
when it is delivered in person or sent by facsimile (with proof of receipt at
the number to which it is required to be sent), or on the third business day
after the day on which it is mailed by first class mail from within the United
States of America, addressed (i) if to the Company, to the Company's principal
executive offices and to the principal facsimile number at those executive
offices, Attention: President, or at such other address or facsimile number as
the Company may specify to the Holder in writing, and (ii) if to the Holder, at
the address or facsimile number specified by the Holder to the Company in
writing.

            15. This Note will be binding upon the Company and its assigns, and
will inure to the benefit of the Holder and the Holder's assigns. This Note will
be governed by, and construed under, the laws of the State of New York in the
United States of America, without regard to principles of conflicts of laws that
might apply the laws of another jurisdiction.

            16. The Company agrees that any action or proceeding to collect any
principal or interest due under this Note or to enforce any other provision of
this Note may be brought in any state or Federal court sitting in the Borough of
Manhattan in New York, New York, but not in any other court, and the Company (i)
submits to the jurisdiction of each of those courts for the purpose of any such
action or proceeding, (ii) agrees not to seek to change the venue of any such
action or proceeding which is brought in any of those courts, whether because of
inconvenience of the forum or otherwise (but nothing in this Section will
prevent a party from removing an action or proceeding from a state court sitting
in the

                                       5
<PAGE>

Borough of Manhattan to a Federal court sitting in that Borough), and (iii)
agrees that process in any such action or proceeding may be served by registered
mail or in any other manner permitted by the rules of the court in which the
action or proceeding is brought.

                                  *************

                                       6
<PAGE>

            IN WITNESS WHEREOF, the Company is executing this Note on the date
shown on the first page.

                                    ATARI INTERACTIVE, INC.

                                    By: /s/ Harry M. Rubin
                                        ---------------------------------
                                        Title: Senior Executive Vice President

                          ATARI SECURED PROMISSORY NOTE<PAGE>

                                                                   EXHIBIT 10.3

                    TERMINATION AND GENERAL RELEASE AGREEMENT

                                   ATARI, INC.
                                417 Fifth Avenue
                            New York, New York 10016

                                                               October  15, 2004

Mr. Denis Guyennot
Les Hauts de Vaugrenier
7 Allee du Suquet
06270 Villenueve Loubet
France

Dear Mr. Guyennot:

      PLEASE READ CAREFULLY. THIS AGREEMENT INCLUDES A RELEASE OF ALL CLAIMS AND
A WAIVER OF ALL RIGHTS TO MAKE A CLAIM AGAINST ATARI. DO NOT SIGN THIS AGREEMENT
IMMEDIATELY. YOU HAVE TWENTY-ONE (21) DAYS FROM THE DATE YOU RECEIVE THIS
AGREEMENT TO DECIDE WHETHER OR NOT YOU WISH TO SIGN IT. YOU SHOULD CONSULT WITH
AN ATTORNEY BEFORE SIGNING THIS AGREEMENT. IF YOU DO SIGN THIS AGREEMENT, YOU
HAVE SEVEN (7) DAYS TO CHANGE YOUR MIND AND TERMINATE THIS AGREEMENT, THEREBY
RELEASING ALL PARTIES FROM ANY OBLIGATIONS SET FORTH IN THIS AGREEMENT.

      You and Atari, Inc. ("Atari") hereby agree as follows:

      1. TERMINATION.

            (a) The parties hereto acknowledge and agree that the last day of
your employment with Atari in the capacity of President and Chief Operating
Officer will be as of the end of the day on October 15, 2004 (the "Termination
Date"), and the last day on which your salary and benefits shall accrue shall be
September 30, 2004.

            (b) Notwithstanding the generality of the foregoing, Atari hereby
requests, and you hereby agree, that:

                  (i) You shall continue to serve as a Director on the Board of
Directors of Atari in the same manner, and for the same period of time, as you
would have so served had your employment not terminated; and

                  (ii) During the one-year period after the Termination Date,
you shall remain willing and available (subject to your other reasonable
personal and professional commitments) to provide non-exclusive consulting
services to Atari, which services Atari recognizes may be rendered from within
or without the United States, to assist Atari in connection with restructuring,
operational and distribution issues that may arise.

      2. CONSULTING ARRANGEMENT/STOCK OPTIONS

<PAGE>

            (a) As full and final consideration for the promises and terms set
forth herein:

                  (ii) With respect to the future consulting services referred
to above, Atari shall pay you the amount of Four Hundred Fifty Thousand Dollars
($450,000.00), The parties agree that such sum is due and payable immediately
upon full execution of this agreement, but that on Atari's request, you agree to
receive such monies in six (6) equal consecutive monthly installments,
commencing on October 20, 2004, and continuing until March 20, 2005.

                  (ii) Notwithstanding and in lieu of anything to the contrary
expressed or implied in any of the Plan Agreements you have received in
connection with the grant of a total of 937,500 Atari stock options granted to
you since January 4, 2000, it is hereby agreed that: (A) you shall be and are
hereby afforded the period of one (1) year (i.e. until October 15, 2005) within
which to exercise the 712,500 stock options that are vested as of the
Termination Date; and (B) the 225,000 stock options that remain unvested on the
Termination Date shall not expire on such date, but, rather, shall continue to
vest in accordance with the applicable original Plan Agreement as if your
employment with Atari had not terminated, until October 15, 2005, at which time
you shall be afforded a period of ninety (90) days thereafter within which to
exercise those of such options that have vested; and

                  (iii) The parties hereto knowledge and agree that neither
party shall owe monies to the other party with respect to business expenses
incurred by you before the Termination Date, it being understood and agreed that
you have heretofore submitted acceptable expense reports previously submitted by
you to Atari for such period.

            (b) Except as expressly stated in this paragraph 2, you shall not be
entitled to receive any payments from Atari with respect to any period after the
Termination Date. Without limiting the foregoing, it is understood that you
shall not be entitled to any bonus payments beyond what you have already
received.

      3. COMPANY PROPERTY. Atari acknowledges that prior to October 11, 2004,
you returned to Atari -- all company equipment in your possession, i.e. pager,
cellular phone, laptop, desktop computer, printer, ID badge, etc.,

      4. CONFIDENTIALITY; NONSOLICITATION.

            (a) (i) You acknowledge that you may have learned Confidential
Information of Atari, as defined in paragraph 4(a)(ii) below, in a relationship
of trust and confidence with Atari. (As used in this paragraph 4, "Atari" shall
be deemed to include Atari and its affiliates and subsidiaries.) You agree that
all Confidential Information is and shall remain the property of or otherwise
protectable by Atari. You further agree not to disclose any Confidential
Information, or any portion thereof, to any person or entity, and not to use,
license, sell, convey or otherwise exploit any Confidential Information, or any
portion thereof.

                  (ii) As used herein, "Confidential Information" shall include,
without limitation, all trade secrets and other information (whether or not
reduced to writing and whether or not conceived, originated, discovered or
developed in whole or in part by you) which is not generally known in the
entertainment industry and relates to the business, employees, products or work
of Atari or its customers.

            (b) You hereby agree not to provide or disclose any other
information to any person, firm or corporation with respect to Atari or its
officers, directors or employees, nor portray Atari or such officers, directors
or employees in any negative light, this includes any and all written materials,
electronic displayed materials, and/or information displays on any internet
related site, and/or interview, public or

                                       2
<PAGE>

private.

            (c) Without limiting the generality of the foregoing, you hereby
specifically agree that for the period commencing on the date hereof and
continuing for one (1) year thereafter, you will not, without Atari's prior
written consent, recruit, solicit, cause or encourage -- or cause, assist or
encourage any other person or entity actually or prospectively engaged in
competition with Atari, to actively recruit, solicit, or encourage -- any of the
employees of Atari who possess or are likely to possess Confidential
Information, to leave the employ of Atari, and to take a position where such
Confidential Information may be used adversely to Atari's best interests, and/or
for the benefit of an actual or potential competitor of Atari; and you will not
employ -- or cause, assist or encourage any other person or entity actually or
prospectively engaged in competition with Atari, to employ -- any such person in
any such position. Notwithstanding the generality of the foregoing, the parties
acknowledge that the fact that any Atari employee or executive leaves the employ
of Atari during such one-year period shall not be deemed to have occurred by
your actions, and Atari must definitively prove any such allegation to the
contrary that it makes.

      5. WARRANTIES AND REPRESENTATIONS. You warrant and represent that: (a) you
have not entered into any third party agreements in Atari's name or on Atari's
behalf of which Atari has not been previously advised in writing, other than in
accordance with Atari's policies and procedures; (b) subject to your prior
reasonable commitments, you shall cooperate with and assist Atari at Atari's
request in connection with any claim or litigation arising out of events
occurring or agreements made during the course of your employment with Atari;
(c) during the period of your employment with Atari, you have not engaged in any
conduct or activity which constitutes a violation of law, willful misconduct, or
a material violation of Atari's policies; (d) you have not transferred to any
person or entity any rights, causes of action or claims released in this
agreement; and (e) you shall maintain strict confidentiality in regard to this
agreement, and shall take all reasonable steps to prevent the disclosure to any
person or entity, other than your immediate family and professional advisors,
the existence, terms, or subject matters of this agreement.

                                       3
<PAGE>

      6. RELEASE. In consideration of the foregoing (but except with respect to
any ongoing obligations of Atari hereunder), you hereby release and discharge
Atari, its parent, subsidiary or affiliated companies, from any and all claims,
damages, liabilities, expenses, causes of action, whether now known or unknown,
arising out of or relating to your employment by or performance of services for
Atari, its parent, subsidiary or affiliated companies, and/or the termination of
such employment or services, including, without limitation, any claims relating
to a wrongful, premature or discriminatory termination of your employment and/or
any claims relating to rights under federal, state or local laws prohibiting
discrimination on the basis of race, color, creed, ancestry, national origin,
age, sex or other basis prohibited by law, and any other applicable federal,
state or local laws regulations, including, without limitation: (1) the Age
Discrimination in Employment Act, 29 U.S.C. Sections 621-634 (age discrimination
in employment including discrimination against individuals forty years of age or
over); (2) Title VII of the Civil Rights Act of 1964, 42 U.S.C. Sections 2000e
et seq. (race, color, religion, sex and national origin discrimination); (3) the
Civil Rights Act of 1866, 42 U.S.C. Section 1981 (discrimination); (4) the Equal
Pay Act of 1963, 29 U.S.C. Section 206 (equal pay); (5) the Americans With
Disabilities Act, 42 U.S.C. Section 12101 et seq. (discrimination against
individuals with disabilities); (6) the Fair Labor Standards Act of 1939, 29
U.S.C. Section 201 et seq. (wage and hour matters); (7) the Consolidated Omnibus
Budget Reconciliation Act of 1985, 42 U.S.C. Section 1395(C) (insurance
matters); (8) the Employee Retirement Income Security Act, 29 U.S.C. Section
1001 et seq. (retirement matters); (9) Executive Order 11246 (race, color,
religion, sex and national origin discrimination); (10) Executive Order 11141
(age discrimination); (11) Section 503 of the Rehabilitation Act of 1973, 29
U.S.C. Sections 701 et seq. (handicap discrimination). This also includes, but
is not limited to, a release of any claims or rights you may have based upon
contract, covenant, public policy or tort. If, notwithstanding this Agreement,
you bring an action against Atari, based on any matter otherwise covered by this
Agreement, you agree that you will pay all costs and expenses incurred by Atari
in defending against such suit, including reasonable attorneys' fees; (12) the
New York State Human Rights Law; (13) the New York City Human Rights Law, and
any other federal, state or local laws or regulations, from the beginning of
time through the date that this Agreement becomes effective. In addition, Atari
hereby releases and discharges you from any and all claims, damages,
liabilities, expenses, causes of action, whether now known or unknown, arising
out of or relating to your employment by you or your performance of services for
Atari, its parent, subsidiary or affiliated companies, through the Termination
Date.

      7. NOTICES; MISCELLANEOUS.

            (a) By entering into this Agreement, neither you nor the Atari or
any of the Atari's officers, agents or employees, admit any wrongdoing or
violation of law.

            (b) This agreement contains all the understandings and agreements
between the parties hereto with respect to the matters set forth herein, and
there are no others made either contemporaneously herewith or otherwise. This
agreement may not be changed or modified in any manner except in writing, signed
by a duly authorized officer of Atari and by you. THIS AGREEMENT SHALL BE
GOVERNED BY THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND
WHOLLY PERFORMED THEREIN (WITHOUT GIVING EFFECT TO ANY CONFLICT OF LAWS
PRINCIPLES UNDER NEW YORK LAW). If any section of this agreement is determined
to be void, voidable or unenforceable, it shall have no effect on the remainder
of this agreement, which shall remain in full force and effect.

            (c) You warrant and represent that at all times during your
employment with Atari, you conducted yourself in accord with the employee
conduct policies and did not bind Atari to any obligations with regard to which
Atari is not now aware.

                                       4
<PAGE>

            (d) This agreement shall be binding upon the parties hereto and upon
their heirs, administrators, representatives, executors, successors and assigns
and shall inure to the benefit of said parties and each of them and to their
heirs, administrators, representatives, executors, successors and assigns.

            (e) You hereby acknowledge that you have been afforded the
opportunity to consult with an attorney of your choice concerning this
agreement.

      If the foregoing is in accordance with your understanding of our
agreement, please so indicate by signing in the place provided below.

                                           Very truly yours,
                                           ATARI, INC.

                                           By: /s/ Bruno Bonnell
                                               ---------------------------------
                                           Its: Chairman & CEO

ACCEPTED AND AGREED TO:

/s/ Denis Guyennot
---------------------------------
Name: Denis Guyennot

SS#:____________________

Date: 10/15/2004

                                       5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00077-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00077-of-00352.parquet"}]]