Atari 2010 Annual Report Download - page 106
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ANNUAL FINANCIAL REPORT – REGISTRATION DOCUMENT
106
NOTE 27 – SUBSEQUENT EVENTS
27.1 ATARI REINFORCED ITS BOARD OF DIRECTORS WITH THE ADDITION OF TWO
NEW MEMBERS
In April 2010, Atari reinforced its Board of directors with the addition of two new members. See paragraph above: “1.2.
Highlights of the year - Management changes”.
In addition, in May 2010, Mrs. Gina Germano left Atari’s Board of Directors, the Board did not co-opted any new
members at the date of the present document.
27.2 REDUCTION OF THE CREDIT LINE AMOUNT TO BE DRAWN
As per Addendum 10 to the Credit Facility Agreement signed in April 2010 between BlueBay and the Company, a New
Equity or Subordinated Debt Injection in the form of shares and ORANEs 2009 in a global amount of €43,042,022,
BlueBay and the Company have agreed that the maximum amount of the Commitment is equal to €49,251,748.18.
27.3 SETTLEMENT OF THE ARBITRATION PROCESS BETWEEN NAMCO BANDAI
PARTNERS AND ATARI
In May 2010, Atari settled its arbitration process with Namco Bandai Partners. See paragraph above: “1. Highlights of the
year - Completion of the sale of Atari’s 66-percent stake in Namco Bandai Partners to Namco Bandai Games Europe”.