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Activision Blizzard (ATVI)
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ATVI » Topics » (d) Vacation . During the Employment Period, the Executive shall not require or be entitled to vacation time.

This excerpt taken from the ATVI DEFA14A filed Dec 6, 2007.

(d)           Vacation. During the Employment Period, the Executive shall not require or be entitled to vacation time.

 

(e)           Life Insurance. During the Employment Period, the Company shall continue to maintain a renewable term insurance policy or policies covering the life of the Executive in the amount of six million dollars ($6,000,000), naming the Executive’s estate or any other person designated by the Executive as beneficiary of such policy or policies. The Executive has the right to require the Company at any time to prepay all of the premiums associated with such policy or policies so as to ensure such policies remain in force for the entire Employment Period.

 

This excerpt taken from the ATVI 8-K filed Dec 6, 2007.

(d)           Vacation. During the Employment Period, the Executive shall not require or be entitled to vacation time.

 

(e)           Life Insurance. During the Employment Period, the Company shall continue to maintain a renewable term insurance policy or policies covering the life of the Executive in the amount of six million dollars ($6,000,000), naming the Executive’s estate or any other person designated by the Executive as beneficiary of such policy or policies. The Executive has the right to require the Company at any time to prepay all of the premiums associated with such policy or policies so as to ensure such policies remain in force for the entire Employment Period.

 

EXCERPTS ON THIS PAGE:

DEFA14A
Dec 6, 2007
8-K
Dec 6, 2007

RELATED TOPICS for ATVI:

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