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Take Two Interactive Software Inc – ‘10-Q’ for 12/31/16 – ‘EX-10.3’

On:  Tuesday, 2/7/17, at 6:57pm ET   ·   As of:  2/8/17   ·   For:  12/31/16   ·   Accession #:  1047469-17-578   ·   File #:  1-34003

Previous ‘10-Q’:  ‘10-Q’ on 11/3/16 for 9/30/16   ·   Next:  ‘10-Q/A’ on 5/23/17 for 12/31/16   ·   Latest:  ‘10-Q’ on 2/9/24 for 12/31/23   ·   3 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/08/17  Take Two Interactive Software Inc 10-Q       12/31/16   68:7.3M                                   Toppan Merrill-FA

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    627K 
 2: EX-10.1     Material Contract                                   HTML    671K 
 3: EX-10.2     Material Contract                                   HTML     93K 
 4: EX-10.3     Material Contract                                   HTML     31K 
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     25K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     25K 
 7: EX-32.1     Certification -- §906 - SOA'02                      HTML     21K 
 8: EX-32.2     Certification -- §906 - SOA'02                      HTML     21K 
15: R1          Document and Entity Information                     HTML     40K 
16: R2          Condensed Consolidated Balance Sheets               HTML    118K 
17: R3          Condensed Consolidated Balance Sheets               HTML     42K 
                (Parenthetical)                                                  
18: R4          Condensed Consolidated Statements of Operations     HTML     61K 
19: R5          Condensed Consolidated Statements of Comprehensive  HTML     50K 
                Loss                                                             
20: R6          Condensed Consolidated Statements of Cash Flows     HTML    107K 
21: R7          Basis of Presentation and Significant Accounting    HTML     43K 
                Policies                                                         
22: R8          Management Agreement                                HTML     57K 
23: R9          Fair Value Measurements                             HTML    110K 
24: R10         Short-Term Investments                              HTML    120K 
25: R11         Derivative Instruments and Hedging Activities       HTML     37K 
26: R12         Inventory                                           HTML     38K 
27: R13         Software Development Costs and Licenses             HTML     54K 
28: R14         Accrued Expenses and Other Current Liabilities      HTML     45K 
29: R15         Debt                                                HTML    154K 
30: R16         Loss Per Share ("Eps")                              HTML     58K 
31: R17         Accumulated Other Comprehensive Loss                HTML     89K 
32: R18         Segment and Geographic Information                  HTML    121K 
33: R19         Commitments and Contingencies                       HTML     27K 
34: R20         Subsequent Event                                    HTML     22K 
35: R21         Basis of Presentation and Significant Accounting    HTML     48K 
                Policies (Policies)                                              
36: R22         Management Agreement (Tables)                       HTML     49K 
37: R23         Fair Value Measurements (Tables)                    HTML    101K 
38: R24         Short-Term Investments (Tables)                     HTML    121K 
39: R25         Derivative Instruments and Hedging Activities       HTML     31K 
                (Tables)                                                         
40: R26         Inventory (Tables)                                  HTML     38K 
41: R27         Software Development Costs and Licenses (Tables)    HTML     53K 
42: R28         Accrued Expenses and Other Current Liabilities      HTML     44K 
                (Tables)                                                         
43: R29         Debt (Tables)                                       HTML    143K 
44: R30         Loss Per Share ("Eps") (Tables)                     HTML     53K 
45: R31         Accumulated Other Comprehensive Loss(Tables)        HTML     86K 
46: R32         Segment and Geographic Information (Tables)         HTML    119K 
47: R33         Basis of Presentation and Significant Accounting    HTML     20K 
                Policies - Wholly Owned Labels (Details)                         
48: R34         Management Agreement (Details)                      HTML     77K 
49: R35         Fair Value Measurements - Assets Measured at Fair   HTML     53K 
                Value (Details)                                                  
50: R36         Fair Value Measurements - Debt (Details)            HTML     25K 
51: R37         Short-Term Investments (Details)                    HTML     57K 
52: R38         Derivative Instruments and Hedging Activities       HTML     30K 
                (Details)                                                        
53: R39         Inventory (Details)                                 HTML     29K 
54: R40         Software Development Costs and Licenses (Details)   HTML     38K 
55: R41         Accrued Expenses and Other Current Liabilities      HTML     38K 
                (Details)                                                        
56: R42         Debt - Credit Agreement (Details)                   HTML     73K 
57: R43         Debt - Convertible Notes (Details)                  HTML    154K 
58: R44         Loss Per Share ("Eps") (Details)                    HTML     41K 
59: R45         Accumulated Other Comprehensive Loss (Details)      HTML     38K 
60: R46         Segment and Geographic Information (Details)        HTML     20K 
61: R47         Segment and Geographic Information - Revenue by     HTML     31K 
                Geographic Region (Details)                                      
62: R48         Segment and Geographic Information - Revenue by     HTML     26K 
                Product Platform (Details)                                       
63: R49         Segment and Geographic Information - Revenue by     HTML     26K 
                Distribution Channel (Details)                                   
64: R50         Commitments and Contingencies - Legal and Other     HTML     21K 
                Proceedings (Details)                                            
65: R51         Subsequent Event (Details)                          HTML     37K 
67: XML         IDEA XML File -- Filing Summary                      XML    113K 
66: EXCEL       IDEA Workbook of Financial Reports                  XLSX     64K 
 9: EX-101.INS  XBRL Instance -- ttwo-20161231                       XML   2.03M 
11: EX-101.CAL  XBRL Calculations -- ttwo-20161231_cal               XML    158K 
14: EX-101.DEF  XBRL Definitions -- ttwo-20161231_def                XML    343K 
12: EX-101.LAB  XBRL Labels -- ttwo-20161231_lab                     XML   1.01M 
13: EX-101.PRE  XBRL Presentations -- ttwo-20161231_pre              XML    627K 
10: EX-101.SCH  XBRL Schema -- ttwo-20161231                         XSD    137K 
68: ZIP         XBRL Zipped Folder -- 0001047469-17-000578-xbrl      Zip    132K 


‘EX-10.3’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]




Exhibit 10.3

 

TAKE-TWO INTERACTIVE SOFTWARE, INC.
AMENDMENT TO
AMENDED AND RESTATED RESTRICTED UNIT AGREEMENT

 

This Amendment (this “Amendment”) to the Amended and Restated Restricted Unit Agreement, dated as of June 30, 2015 (the “Agreement”), by and between Take-Two Interactive Software, Inc. (the “Company”) and ZelnickMedia Corporation (the “Participant”), is dated as of February 7, 2017, to be effective as of December 8, 2016.

 

WHEREAS, the Company and the Participant are parties to the Agreement and the Company’s compensation committee approved the amendments set forth herein on December 8, 2016; and

 

WHEREAS, the Company and the Participant now desire to amend the Agreement in order to amend the vesting dates applicable to certain Restricted Units granted pursuant to the Agreement.

 

NOW, THEREFORE, in consideration of the covenants and agreements herein contained, the parties hereto hereby agree as follows:

 

1.                                      Capitalized Terms.  Capitalized terms that are not defined in this Amendment shall have the meanings ascribed thereto in the Agreement.

 

2.                                      Amendment to the Agreement.  The Agreement is hereby amended as follows:

 

(a)         For purposes of Annex A to the Agreement, the term “Vesting Date” shall mean April 4, 2017.

 

(b)         Annex A to the Agreement shall be amended by replacing all references therein to “the trading day immediately preceding the Vesting Date” with March 31, 2017.

 

3.                                      Ratification and Confirmation.  Except as specifically amended hereby, the Agreement is hereby ratified and confirmed in all respects and remains in full force and effect, it being the intention of the parties hereto that this Amendment and the Agreement be read, construed and interpreted as one and the same instrument.  In the event of any conflict between the terms of this Amendment and the terms of the Agreement, the terms of this Amendment shall control.

 

4.                                      Affirmations of the Participant.  By the Participant’s signature below, the Participant represents to and agrees with the Company that the Participant hereby accepts this Amendment subject to all of the terms and provisions hereof. The Participant has reviewed this Amendment in its entirety, has had an opportunity to obtain the advice of counsel prior to executing this Amendment and fully understands all of the provisions of this Amendment.

 

5.                                      Governing Law.  This Amendment shall be governed by and construed in accordance with the laws of the State of Delaware, without reference to principles of conflict of laws.

 



 

6.                                      Headings.  Section headings are for convenience only and shall not be considered a part of this Amendment.

 

7.                                      Counterparts.  This Amendment may be executed in counterparts, each of which shall constitute an original, but all of which when taken together shall constitute a single contract.

 

*                                         *                                         *

 

2



 

IN WITNESS WHEREOF, the parties have executed this Amendment to the Agreement on February 7, 2017, to be effective as of December 8, 2016.

 

 

 

TAKE-TWO INTERACTIVE SOFTWARE, INC.

 

 

 

 

 

 

 

By:

/s/ Daniel Emerson

 

Name:

Daniel Emerson

 

Title:

Executive Vice President and General Counsel

 

 

 

 

 

 

 

ZELNICKMEDIA CORPORATION

 

 

 

 

 

 

 

By:

/s/ Karl Slatoff

 

Name:

Karl Slatoff

 

Title:

Partner

 

[Signature Page to Amended and Restated Restricted Unit Agreement Amendment]

 




Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
4/4/174
3/31/1710-K,  4
Filed as of:2/8/17
Filed on:2/7/178-K
For Period end:12/31/1610-Q/A
12/8/16
6/30/1510-Q
 List all Filings 


3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/26/23  Take-Two Interactive Software Inc 10-K        3/31/23  117:16M                                    Workiva Inc Wde… FA01/FA
 5/17/22  Take-Two Interactive Software Inc 10-K        3/31/22  112:14M                                    Workiva Inc Wde… FA01/FA
 5/19/21  Take-Two Interactive Software Inc 10-K        3/31/21  110:13M                                    Workiva Inc Wde… FA01/FA
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Filing Submission 0001047469-17-000578   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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