英文版阿里巴巴合伙人制度Word下载.docx
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SinceourfoundersfirstgatheredinJackMa'
sapartmentin1999,theyandourmanagementhaveactedinthespiritofpartnership.Weviewourcultureasfundamentaltooursuccessandourabilitytoserveourcustomers,developouremployeesanddeliverlong-termvaluetoourshareholders.InJuly2010,inordertopreservethisspiritofpartnershipandtoensurethesustainabilityofour
mission,vision
and
values,wedecidedtoformalizeourpartnershipasLakesidePartners,namedaftertheLakesideGardensresidentialcommunitywhereJackMaandourotherfoundersstartedourcompany.WerefertothepartnershipastheAlibabaPartnership.
Webelievethatourpartnershipapproachhashelpedusbettermanageourbusiness,withthepeernatureofthepartnershipenablingseniormanagerstocollaborateandoverridebureaucracyandhierarchy.TheAlibabaPartnershipcurrentlyhas34memberscomprisedof26membersofourmanagement,sevenmembersofmanagementofAntFinancialServicesandonememberofmanagementofCainiaoNetwork.ThenumberofpartnersinAlibabaPartnershipisnotfixedandmaychangefromtimetotimeduetotheelectionofnewpartners,theretirementofpartnersandthedepartureofpartnersforotherreasons.
Ourpartnershipisadynamicbodythatrejuvenatesitselfthroughadmissionofnewpartnerseachyear,whichwebelieveenhancesourexcellence,innovationandsustainability.Unlikedual-classownershipstructuresthatemployahigh-voteclassofsharestoconcentratecontrolinafewfounders,ourapproachisdesignedtoembodythevisionofalargegroupofmanagementpartners.Thisstructureisoursolutionforpreservingthecultureshapedbyourfounderswhileatthesametimeaccountingforthefactthatfounderswillinevitablyretirefromthecompany.
Consistentwithourpartnershipapproach,allpartnershipvotesaremadeonaone-partner-one-votebasis.
Thepartnershipisgovernedbyapartnershipagreementandoperatesunderprinciples,policiesandproceduresthathaveevolvedwithourbusinessandarefurtherdescribedbelow.
NominationandElectionofPartners
TheAlibabaPartnershipelectsnewpartnersannuallyafteranominationprocesswherebyexistingpartnersproposecandidatestothepartnershipcommittee.Thepartnershipcommitteereviewsthenominationsanddetermineswhetherthenominationofacandidatewillbeproposedtotheentirepartnershipforelection.Electionofnewpartnersrequirestheapprovalofatleast75%ofallofthepartners.
Tobeeligibleforelection,apartnercandidatemusthavedemonstratedthefollowingattributes:
ahighstandardofpersonalcharacterandintegrity;
continuedservicewithAlibabaGroup,ouraffiliatesand/orcertaincompanieswithwhichwehaveasignificantrelationshipsuchasAntFinancialServicesfornotlessthanfiveyears;
atrackrecordofcontributiontothebusinessofAlibabaGroup;
and
beinga"
culturecarrier"
whoshowsaconsistentcommitmentto,andtraitsandactionsconsonantwith,our
values.
WebelievethecriteriaandprocesstheAlibabaPartnershipapplicabletotheelectionofnewpartners,asdescribedabove,promoteaccountabilityamongthepartnersaswellastoourcustomers,employeesandshareholders.Inordertoaligntheinterestsofpartnerswiththeinterestsofourshareholders,werequirethateachpartnermaintainameaningfullevelofequityinterestsinourcompanyduringsuchindividual'
stenureasapartner.Sinceapartnernomineemusthavebeenouremployeeoranemployeeofoneofourrelatedcompaniesoraffiliatesforatleastfiveyears,asofthetimeheorshebecomesapartner,heorshewilltypicallyalreadyownorhavebeenawardedapersonallymeaningfullevelofequityinterestinourcompanythroughourequityincentiveandsharepurchaseplans.
DutiesofPartners
Themaindutyofpartnersintheircapacityaspartnersistoembodyandpromoteour
values.Weexpectpartnerstobeevangelistsforour
values,bothwithinourorganizationandexternallytocustomers,businesspartnersandotherparticipantsinourecosystem.
PartnershipCommittee
ThepartnershipcommitteemustconsistofatleastfivepartnersandiscurrentlycomprisedofJackMa,Joe
Tsai,JonathanLu,LucyPengandMingZeng.Thepartnershipcommitteeisresponsiblefor,amongothers,administeringpartnerelections.Partnershipcommitteemembersserveforatermofthreeyearsandmayservemultipleterms.Electionsofpartnershipcommitteemembersareheldonceeverythreeyears.Priortoeachelection,thepartnershipcommitteewillnominateanumberofpartnersequaltothenumberofpartnershipcommitteemembersthatwillserveinthenextpartnershipcommitteetermplusthreeadditionalnominees.Eachpartnervotesforanumberofnomineesequaltothenumberofpartnershipcommitteemembersthatwillserveinthenextpartnershipcommitteetermandallexceptthethreenomineeswhoreceivetheleastvotesfromthepartnersareelectedtothepartnershipcommittee.
DirectorNominationandAppointmentRights
Pursuanttoourarticlesofassociation,theAlibabaPartnershiphastheexclusiverighttonominateor,inlimitedsituations,appointuptoasimplemajorityofthemembersofourboardofdirectors.
TheelectionofeachdirectornomineeoftheAlibabaPartnershipwillbesubjecttothedirectornomineereceivingamajorityvotefromourshareholdersvotingatanannualgeneralmeetingofshareholders.IfanAlibabaPartnershipdirectornomineeisnotelectedbyourshareholdersorafterelectiondepartsourboardofdirectorsforanyreason,theAlibabaPartnershiphastherighttoappointadifferentpersontoserveasaninterimdirectoroftheclassinwhichthevacancyexistsuntilournextscheduledannualgeneralmeetingofshareholders.Atthenextscheduledannualgeneralmeetingofshareholders,theappointedinterimdirectororareplacementAlibabaPartnershipdirectornominee(otherthantheoriginalnominee)willstandforelectionfortheremainderofthetermoftheclassofdirectorstowhichtheoriginalnomineewouldhavebelonged.
IfatanytimeourboardofdirectorsconsistsoflessthanasimplemajorityofdirectorsnominatedorappointedbytheAlibabaPartnershipforanyreason,includingbecauseadirectorpreviouslynominatedbytheAlibabaPartnershipceasestobeamemberofourboardofdirectorsorbecausetheAlibabaPartnershiphadpreviouslynotexerciseditsrighttonominateorappointasimplemajorityofourboardofdirectors,theAlibabaPartnershipwillbeentitled(initssolediscretionandwithouttheneedforanyadditionalshareholderaction)toappointsuchnumberofadditionaldirectorstotheboardasnecessarytoensurethatthedirectorsnominatedorappointedbytheAlibabaPartnershipcompriseasimplemajorityofourboardofdirectors.
IndeterminingtheAlibabaPartnershipdirectornomineeswhowillstandforelectiontoourboard,thepartnershipcommitteewillproposedirectornomineeswhowillbevotedonbyallofthepartners,andthosenomineeswhoreceiveasimplemajorityofthevotesofthepartnerswillbeselectedforsuchpurposes.ThedirectornomineesoftheAlibabaPartnershipmaybepartnersoftheAlibabaPartnershiporotherqualifiedindividualswhoarenotaffiliatedwiththeAlibabaPartnership.
TheAlibabaPartnership’srighttonominateorappointuptoasimplemajorityofourdirectorsisconditionedontheAlibabaPartnershipbeinggovernedbythepartnershipagreementineffectasofthecompletionofourinitialpublicofferinginSeptember2014,orasmaybeamendedinaccordancewithitstermsfromtimetotime.Anyamendmenttotheprovisionsofthepartnershipagreementrelatingtothepurposeofthepartnership,ortothemannerinwhichtheAlibabaPartnershipexercisesitsrighttonominateasimplemajorityofourdirectors,willbesubjecttotheapprovalofthemajorityofourdirectorswhoarenotnomineesorappointeesoftheAlibabaPartnershipandare“independentdirectors”withinthemeaningofSection303AoftheNewYorkStockExchangeListedCompanyManual.Theprovisionsrelatingtonominationrightsandproceduresdescribedaboveareincorporatedinourarticlesofassociation.Pursuanttoourarticlesofassociation,theAlibabaPartnership’snominationrightsandrelatedprovisionsofourarticlesofassociationmayonlybechangeduponthevoteofshareholdersrepresenting95%ofthevotespresentinpersonorbyproxyatageneralmeetingofshareholders.
Ourboardofdirectorscurrentlyconsistsofelevenmembers,andfiveofthesedirectorsareAlibabaPartnershipnominees.IfatanytimeourboardofdirectorsconsistsoflessthanasimplemajorityofdirectorsnominatedorappointedbytheAlibabaPartnershipforany