AMENDMENT NO. 1
This Amendment No. 1 to Employment Agreement (“Amendment No. 1”) is entered into effective as of
the 27th day of February 2003 by and between Activision Publishing, Inc. (“Employer”), and Ron Doornink, an
individual with his address at 872 9th Street, Manhattan Beach, California 90266 (“Employee”).
A. Employer and Employee entered into a certain Employment Agreement dated as of July 22,
2002 (the “Agreement”).
B. The parties desire to modify terms of the Agreement in certain particulars as more specifically
set forth below.
C. All terms not defined otherwise in this Amendment No. 1 shall have the meaning ascribed to
them in the Agreement.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties agree as follows:
1. Definition of the term “Expiration Date” shall be amended to mean “March 31, 2006”.
2. Paragraph 2(f) shall be amended by adding the following sub-paragraph 1 (f)(iv):
“200,000 New Options are granted pursuant to Activision’s 2002 Executive Incentive Plan with the options
vesting in increments of 66,667 options, 66,667 options and 66,666 options on April 1, 2004, April 1, 2005
and April 1, 2006 respectively.”
3. The last sentence of Paragraph 3 of the Agreement which currently reads “Effective as of April 1, 2004, you
shall have the title of Chairman of Employer” shall be deleted and replaced with the following provision “Your
title and responsibilities commencing with April 1, 2005 shall be determined by mutual agreement between
you and Employer on or before October 31, 2004. In the event the parties are unable to reach such
agreement, then provisions of Paragraph 11 of this Agreement shall become applicable effective as of April 1,
4. Definition of the term “Consulting Period” shall