CORPORATE GOVERNANCE TERM SHEET

In re Activision, Inc. Shareholder Derivative Litigation, C.D. Cal. Case No. CV-06-4771 MRP (JTLx); In re Activision Shareholder Derivative Litigation, L.A.S.C. Case No. SC090343

Within 30 days of the dismissal with prejudice of the above-referenced litigation, the Board of Directors (“Board”) of Activision, Inc. or its successor (“Activision” or the “Company”) shall adopt resolutions and amend committee charters to ensure adherence to the following Corporate Governance Policies.  These changes are to be implemented within twelve months following the above-referenced resolutions and amendments and would be operative for a three year period in each case unless otherwise described below.

CORPORATE GOVERNANCE TERM SHEET

In re Activision, Inc. Shareholder
Derivative Litigation, C.D. Cal. Case No. CV-06-4771 MRP (JTLx); In re Activision Shareholder Derivative Litigation,
L.A.S.C. Case No. SC090343

Within 30 days of the dismissal
with prejudice of the above-referenced litigation, the Board of Directors (“Board”)
of Activision, Inc. or its successor (“Activision” or the “Company”) shall
adopt resolutions and amend committee charters to ensure adherence to the
following Corporate Governance Policies. 
These changes are to be implemented within twelve months following the
above-referenced resolutions and amendments and would be operative for a three
year period in each case unless otherwise described below.

CORPORATE GOVERNANCE TERM SHEET

In re Activision, Inc. Shareholder Derivative Litigation, C.D. Cal. Case No. CV-06-4771 MRP (JTLx); In re Activision Shareholder Derivative Litigation, L.A.S.C. Case No. SC090343

Within 30 days of the dismissal with prejudice of the above-referenced litigation, the Board of Directors of Activision, Inc. (“Activision”) shall adopt resolutions and amend committee charters to ensure adherence to the following Corporate Governance Policies.  These changes are to be implemented within twelve months following the above-referenced resolutions and amendments and would be operative for a three year period in each case unless otherwise described below.

CORPORATE
GOVERNANCE TERM SHEET

In
re Activision, Inc. Shareholder Derivative Litigation, C.D. Cal.
Case No. CV-06-4771 MRP (JTLx); In re
Activision Shareholder Derivative Litigation, L.A.S.C. Case No. SC090343

Within 30 days of the dismissal with prejudice of the above-referenced
litigation, the Board of Directors of Activision, Inc. (“Activision”)
shall adopt resolutions and amend committee charters to ensure adherence to the
following Corporate Governance Policies. 
These changes are to be implemented within twelve months following the
above-referenced resolutions and amendments and would be operative for a three
year period in each case unless otherwise described below.