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ATVI » Topics » 2. Settlement of the Action

These excerpts taken from the ATVI 10-K filed May 30, 2008.

2.           Settlement of the Action

2.1        The Settling Defendants and Bryan Cave acknowledge that the commencement and prosecution of the Actions related to and preceded (1) the agreement by certain of the Individual Settling Defendants to make certain payments and/or contributions described below, (2) the release of certain coplaims against Activision by Bryan Cave, and (3) corporate governance reforms adopted and/or to be implemented by Activision as described in Exhibit A hereto. The Settling Defendants and Bryan Cave acknowledge that such contributions and corporate governance reforms confer a substantial benefit to Activision.

2.           Settlement of the Action



2.1        The Settling Defendants and Bryan Cave acknowledge
that the commencement and prosecution of the Actions related to and preceded
(1) the agreement by certain of the Individual Settling Defendants to make
certain payments and/or contributions described below, (2) the release of
certain coplaims against Activision by Bryan Cave, and (3) corporate
governance reforms adopted and/or to be implemented by Activision as described
in Exhibit A hereto. The Settling Defendants and Bryan Cave acknowledge
that such contributions and corporate governance reforms confer a substantial
benefit to Activision.


EXCERPTS ON THIS PAGE:

10-K (2 sections)
May 30, 2008

RELATED TOPICS for ATVI:

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