These excerpts taken from the ATVI 10-K filed May 30, 2008.
2. Terms of the Sub-Plan
(a) Any capitalized term used but not defined herein shall have the meaning given to such term in the Activision International Plan.
(b) Notwithstanding any other provision in the Activision International Plan, in no event shall the total consideration paid through payroll deductions authorized or Alternative Payments made by Participants located in EU Member States and EEA treaty adherent states for the purchase of Stock under the Activision International Plan, when combined with the total consideration of all other offers to the public by the Company of its Stock within any EU Member State or EEA treaty adherent state, exceed the amount of 2,499,999 in a 12-month period.
In order not to exceed this limit, the Company reserves the right to limit the number of shares of Stock that may be purchased by each Participant to ensure that the total consideration
of all offers of Stock within any EU Member State or EEA treaty adherent state does not exceed 2,499,999 in a 12-month period. Any such limit imposed under this Sub-Plan will be applied to all Participants on similar terms and on a pro-rata basis.
(c) Subject to the terms of the Activision International Plan, the Committee reserves the right to amend or terminate the Sub-Plan, as contained herein, at any time.