Grand Theft Auto publisher Take-Two confirmed Wednesday that it has renewed its contract with senior Rockstar Games creative talent.

The contracts were up for reconsideration in February, and the renewal means that the creative vision that drove $500 million in first week GTA IV sales in still under the Take-Two roof.

Sam and Dan Houser, Leslie Benzies and "several other key members" of GTA creative team agreed to a new incentive compensation program "primarily based on a profit sharing arrangement."

The agreement also includes a new long-term employment agreement with the creative team that ends on January 31, 2012.

Take-Two added that it has "agreed to fund the future development of certain new intellectual property to be owned by a newly formed company controlled by key Rockstar Games team members and published exclusively by Take-Two."

Take-Two chair Strauss Zelnick said in a statement, "...This new chapter in our successful relationship further aligns the interests of our creative teams with those of our shareholders."

Sam Houser, founder and executive producer of Rockstar stated that Take-Two has "helped us to protect the unique atmosphere that fosters creativity and innovation."