to accept, then all holders of common shares are "contract" means any agreement, contract, instrument, commitment, commitment, lease, license, order, security contract, or any other agreement, written or oral. This is the only agreement between the parties with regard to the prevention of doubts, the modification or modification of senior institutions (including the renewal of a planned due date), with the exception of the restructuring of these senior institutions due to the financial emergency of the company or (ii) a refinancing of senior facilities, or inclusion in new credit facilities or other agreements , agreements, commitments or other instruments that the company expects to modify, modify, replace or eliminate the "Permitted Company Securities TermSheet" referred to in the "Senior Facilities." c) Selecting Series A convertible investment shares to be resolved. If, at any given time, the entity cashes in less than all Series A convertible shares, the transfer agent selects the Series A convertible investment shares to be exchanged pro-rata; provided that the cashed-up fractions are rounded to the nearest preferred share. CONSIDERING that, in accordance with the authority expressly conferred on the Board of Directors by the provisions of the Memorandum and Statute of Association and that it was delegated to the Board of Directors and in accordance with the Cayman Islands Corporations Act (2011 review), the Board of Directors adopted and adopted decisions establishing a series of preferred shares. , which refer to a number of preferred units, called Series A Convertible Preference Shares, face value of US$0.000025 ("Series A Convertible Preference Shares"), referred to as the right-wing preferences and rights shown, of which no Series A convertible investment shares have been issued: "Alipay Framework Agreement" refers to the framework agreement of 29 July 2011 by and under SOFTBANK , Yahoo!, Alipay.com Co., Ltd., APN Ltd., Zhejiang Alibaba E-Commerce Co., Ltd., Jack Yun Ma Joseph C. Tsai and the Joinder Holidays (as defined). D. Regarding, among other things, the financing of yahoo! Initial Repurchase and the privatization of Alibaba.com Limited, the company has provided investors with priority secured credit facilities (such as loans secured by the state of a credit to effect on the date of the agreement, which are essential and to the company by the facility agreements made available to investors before the date of this agreement). , the "senior facilities") with commercial banks, according to which the company lent up to $4 million, of which up to about $2,000,000,000 was used in part to finance the yahoo! Initial Repurchase and TIPLA payment.