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阿里巴巴合伙人制度阿里巴巴合伙人制度(英文版).docx

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阿里巴巴合伙人制度阿里巴巴合伙人制度(英文版)阿里巴巴合伙人制度（英文版）IntroductionSinceourfoundersfirstgatheredinJackMa"sapartmentin1999,theyandourmanagementhaveactedinthespiritofpartnership.Weviewourcultureasfundamentaltooursuccessandourabilitytoserveourcustomers,developouremployeesanddeliverlong-termvaluetoourshareholders.InJuly2010,inordertopreservethisspiritofpartnershipandtoensurethesustainabilityofourmission,visionandvalues,wedecidedtoformalizeourpartnershipasLakesidePartners,namedaftertheLakesideGardensresidentialcommunitywhereJackMaandourotherfoundersstartedourcompany.WerefertothepartnershipastheAlibabaPartnership.Webelievethatourpartnershipapproachhashelpedusbettermanageourbusiness,withthepeernatureofthepartnershipenablingseniormanagerstocollaborateandoverridebureaucracyandhierarchy.TheAlibabaPartnershipcurrentlyhas34memberscomprisedof26membersofourmanagement,sevenmembersofmanagementofAntFinancialServicesandonememberofmanagementofCainiaoNetwork.ThenumberofpartnersinAlibabaPartnershipisnotfixedandmaychangefromtimetotimeduetotheelectionofnewpartners,theretirementofpartnersandthedepartureofpartnersforotherreasons.Ourpartnershipisadynamicbodythatrejuvenatesitselfthroughadmissionofnewpartnerseachyear,whichwebelieveenhancesourexcellence,innovationandsustainability.Unlikedual-classownershipstructuresthatemployahigh-voteclassofsharestoconcentratecontrolinafewfounders,ourapproachisdesignedtoembodythevisionofalargegroupofmanagementpartners.Thisstructureisoursolutionforpreservingthecultureshapedbyourfounderswhileatthesametimeaccountingforthefactthatfounderswillinevitablyretirefromthecompany.Consistentwithourpartnershipapproach,allpartnershipvotesaremadeonaone-partner-one-votebasis.Thepartnershipisgovernedbyapartnershipagreementandoperatesunderprinciples,policiesandproceduresthathaveevolvedwithourbusinessandarefurtherdescribedbelow.NominationandElectionofPartnersTheAlibabaPartnershipelectsnewpartnersannuallyafteranominationprocesswherebyexistingpartnersproposecandidatestothepartnershipcommittee.Thepar