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ATVI » Topics » Amendments to Awards

This excerpt taken from the ATVI DEF 14A filed Jul 29, 2005.

Amendments to Awards

The Compensation Committee may amend or alter the terms of awards under the 2003 Plan, including the vesting or performance provisions of the grants of restricted stock or restricted stock units, but shall have no authority to reduce the exercise price of any options or SARs granted under the 2003 Plan (except in connection with adjustments as described above under the caption, "General Provisions—Antidilution Provisions").

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