Activision Blizzard (ATVI)

Bruce L. Hack

This Amendment #1 to Employment Agreement (this “Amendment #1”) is entered into as of December 15, 2008, by and between Bruce L. Hack (“Employee”) and Activision Blizzard, Inc. (“Employer”).  All capitalized terms shall have the same meaning set forth in the Employment Agreement (as defined below).

Bruce L. Hack

This
Amendment #1 to Employment Agreement (this “Amendment #1”)
is entered into as of December 15, 2008, by and between Bruce L. Hack (“Employee”) and Activision Blizzard, Inc. (“Employer”).  All
capitalized terms shall have the same meaning set forth in the Employment
Agreement (as defined below).

RECITALS:

Employee
and Employer entered into an Employment Agreement dated as of December 1,
2007 (the “Employment Agreement”).

Employee
and Employer desire to amend the Employment Agreement in certain respects as
set forth herein in order to comply with the provisions of Section 409A of
the Internal Revenue Code of 1986, as amended.

AGREEMENT:

The
parties hereby agree to amend the terms of the Employment Agreement as follows:

1.                                 Disability.  The Employment Agreement is hereby amended to
add a sentence to the end of Section 4(d) to read as follows:  With respect to the payment to you of your
Base Salary during the 180-day period following the start of your Disability
absence referenced in Paragraph 4(a) of this Agreement, payment of such
Base Salary continuation shall commence upon your Disability as defined in Section 409A
of the Code.

Except
as specifically set forth in this Amendment #1, the Employment Agreement shall
remain unmodified and in full force and effect. 
If any term or provision of the Employment Agreement is contradictory
to, or inconsistent with, any term or provision of this Amendment #1, then the
terms and provisions of this Amendment #1 shall in all events control.