Common use of IPCo Clause in Contracts

IPCo. On or prior to the Effective Time, JMY and JT shall cause IPCo to amend its organizational documents substantially in the form of Exhibit F. By the Effective Time, JMY and JT shall cause a designee of Yahoo! and a designee of Softbank to each have been appointed to the board of directors of IPCo, such that the only directors of IPCo as of the Effective Time are a designee of Yahoo!, a designee of Softbank, JMY and JT.

Appears in 3 contracts

Sources: Framework Agreement (Alibaba Group Holding LTD), Framework Agreement (Yahoo Inc), Framework Agreement (Yahoo Inc)