Electronic Arts 2006 Annual Report Download - page 53

OTHER INFORMATION
CERTAIN TRANSACTIONS
Indebtedness of Management
On June 24, 2002, we hired Warren Jenson as our Chief Financial and Administrative OÇcer and agreed
to loan him $4 million, to be forgiven over four years based on his continuing employment. The loan does
not bear interest. On June 24, 2004, pursuant to the terms of the loan agreement, we forgave $2 million of
the loan and provided Mr. Jenson approximately $1.6 million to oÅset the tax implications of the
forgiveness. The remaining outstanding loan balance of $2 million was forgiven on June 24, 2006. No
additional funds were provided to oÅset the tax implications of the forgiveness of the remaining $2 million.
COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION
M. Richard Asher and Robert W. Pittman served on the Compensation Committee throughout Ñscal
2006; William J. Byron served on the Compensation Committee until his retirement in July 2005, at which
time he was replaced on the Compensation Committee by Linda J. Srere. None of these individuals is an
employee or current or former oÇcer of EA. No EA oÇcer serves or has served since the beginning of
Ñscal 2006 as a member of the board of directors or the compensation committee of a company at which a
member of EA's Compensation Committee is an employee or oÇcer.
SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE
Proxy Statement
Section 16(a) of the Securities Exchange Act of 1934 requires EA's directors and executive oÇcers, and
persons who own more than ten percent of a registered class of EA's equity securities, to Ñle reports of
ownership and changes in ownership of common stock and other equity securities of EA. We have adopted
procedures to assist EA's directors and oÇcers in complying with these requirements, which include
assisting oÇcers and directors in preparing forms for Ñling.
To EA's knowledge, based solely upon review of such reports furnished to us and written representations
that no other reports were required, we believe that during the Ñscal year ended March 31, 2006, all
Section 16(a) Ñling requirements applicable to our oÇcers, directors and greater-than-ten-percent
stockholders were complied with on a timely basis.
STOCKHOLDER PROPOSALS FOR 2007 ANNUAL MEETING
If you would like us to consider a proposal to be included in our 2007 proxy statement and proxy card, you
must deliver it to the Company's Corporate Secretary at our principal executive oÇce no later than
March 2, 2007.
Stockholders who otherwise wish to present a proposal at the 2007 Annual Meeting of Stockholders must
deliver written notice of the proposal to our Corporate Secretary c/o Electronic Arts Inc., 209 Redwood
Shores Parkway, Redwood City, CA 94065, no earlier than March 24, 2007 and no later than April 23,
2007 (provided, however, that if the 2007 Annual Meeting is held earlier than June 27, 2007 or later than
August 26, 2007, proposals must be received no earlier than the close of business on the later of the
90th day prior to the 2007 Annual Meeting or the 10th day following the day on which public
announcement of the 2007 Annual Meeting is Ñrst made). The submission must include certain
information concerning the stockholder and the proposal, as speciÑed in the Company's amended and
restated bylaws. We have Ñled our amended and restated bylaws as an exhibit to our Quarterly Report on
Form 10-Q for the quarter ended June 30, 2004, which you may access through the SEC's electronic data
system called EDGAR at www.sec.gov. You may also request a copy of our amended and restated bylaws
by contacting our Corporate Secretary at the address above.
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