Exhibit 10.34

AMENDMENT NO. 1

TO

EMPLOYMENT AGREEMENT

This Amendment No. 1 to Employment Agreement (“Amendment No. 1”) is entered into effective as of the 27th day of February 2003 by and between Activision Publishing, Inc. (“Employer”), and Ron Doornink, an individual with his address at 872 9th Street, Manhattan Beach, California 90266 (“Employee”).

RECITALS

A.             Employer and Employee entered into a certain Employment Agreement dated as of July 22, 2002 (the “Agreement”).

B.             The parties desire to modify terms of the Agreement in certain particulars as more specifically set forth below.

C.             All terms not defined otherwise in this Amendment No. 1 shall have the meaning ascribed to them in the Agreement.