英文版阿里巴巴合伙人制度.docx

1、英文版阿里巴巴合伙人制度阿里巴巴合伙人制度（英文版）IntroductionSince our founders first gathered in Jack Mas apartment in 1999, they and our management have acted in the spirit of partnership. We view our culture as fundamental to our success and our ability to serve our customers, develop our employees and deliver long-ter

2、m value to our shareholders. In July 2010, in order to preserve this spirit of partnership and to ensure the sustainability of ourmission, visionandvalues, we decided to formalize our partnership as Lakeside Partners, named after the Lakeside Gardens residential community where Jack Ma and our other

3、 founders started our company. We refer to the partnership as the Alibaba Partnership.We believe that our partnership approach has helped us better manage our business, with the peer nature of the partnership enabling senior managers to collaborate and override bureaucracy and hierarchy. The Alibaba

4、 Partnership currently has 34 members comprised of 26 members of our management, seven members of management of Ant Financial Services and one member of management of Cainiao Network. The number of partners in Alibaba Partnership is not fixed and may change from time to time due to the election of n

5、ew partners, the retirement of partners and the departure of partners for other reasons.Our partnership is a dynamic body that rejuvenates itself through admission of new partners each year, which we believe enhances our excellence, innovation and sustainability. Unlike dual-class ownership structur

6、es that employ a high-vote class of shares to concentrate control in a few founders, our approach is designed to embody the vision of a large group of management partners. This structure is our solution for preserving the culture shaped by our founders while at the same time accounting for the fact

7、that founders will inevitably retire from the company.Consistent with our partnership approach, all partnership votes are made on a one-partner-one-vote basis.The partnership is governed by a partnership agreement and operates under principles, policies and procedures that have evolved with our busi

8、ness and are further described below.Nomination and Election of PartnersThe Alibaba Partnership elects new partners annually after a nomination process whereby existing partners propose candidates to the partnership committee. The partnership committee reviews the nominations and determines whether

9、the nomination of a candidate will be proposed to the entire partnership for election. Election of new partners requires the approval of at least 75% of all of the partners.To be eligible for election, a partner candidate must have demonstrated the following attributes:a high standard of personal ch

10、aracter and integrity;continued service with Alibaba Group, our affiliates and/or certain companies with which we have a significant relationship such as Ant Financial Services for not less than five years;a track record of contribution to the business of Alibaba Group; andbeing a culture carrier wh

11、o shows a consistent commitment to, and traits and actions consonant with, ourmission, visionandvalues.We believe the criteria and process the Alibaba Partnership applicable to the election of new partners, as described above, promote accountability among the partners as well as to our customers, em

12、ployees and shareholders. In order to align the interests of partners with the interests of our shareholders, we require that each partner maintain a meaningful level of equity interests in our company during such individuals tenure as a partner. Since a partner nominee must have been our employee o

13、r an employee of one of our related companies or affiliates for at least five years, as of the time he or she becomes a partner, he or she will typically already own or have been awarded a personally meaningful level of equity interest in our company through our equity incentive and share purchase p

14、lans.Duties of PartnersThe main duty of partners in their capacity as partners is to embody and promote ourmission, visionandvalues. We expect partners to be evangelists for ourmission, visionandvalues, both within our organization and externally to customers, business partners and other participant

15、s in our ecosystem.Partnership CommitteeThe partnership committee must consist of at least five partners and is currently comprised of Jack Ma, JoeTsai, Jonathan Lu, Lucy Peng and Ming Zeng. The partnership committee is responsible for, among others, administering partner elections. Partnership comm

16、ittee members serve for a term of three years and may serve multiple terms. Elections of partnership committee members are held once every three years. Prior to each election, the partnership committee will nominate a number of partners equal to the number of partnership committee members that will serve in the next partnership committee term plus three additional nominees. Each partner votes for a number of nominees equal to the numbe