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STIPULATION AND ORDER REGARDING BRIEFING

SCHEDULE FOR MOTIONS TO DISMISS - (LEAD

CASE NO. 5:17-CV-000162-RS) 

JAMES N. KRAMER (SBN 154709)

jkramer@orrick.com 

ALEXANDER K. TALARIDES (SBN 268068) 

atalarides@orrick.com 

SUZETTE J. BARNES (SBN 273116) 

springle@orrick.com 

ORRICK, HERRINGTON & SUTCLIFFE LLP 

The Orrick Building 

405 Howard Street 

San Francisco, CA 94105-2669 

Telephone: (415) 773-5700 

Facsimile: (415) 773-5759 

Attorneys for Nominal Defendant 

PayPal Holdings, Inc. and Individual Defendants 

Daniel H. Schulman, John D. Rainey, Patrick 

L.A. Dupuis, Wences Casares, Jonathan 

Christodoro, John J. Donahoe, David W. 

Dorman, Gail J. McGovern, David M. Moffett, 

Pierre M. Omidyar and Frank D. Yeary 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

IN RE PAYPAL HOLDINGS, INC. 

SHAREHOLDER DERIVATIVE LITIGATION 

Lead Case No. 3:17-cv-00162-RS

(Consolidated with No. 3:17-cv-02206-RS; 3:17-

cv-02428-RS; and 5:17-cv-02446-RS) 

STIPULATION AND [PROPOSED] ORDER 

REGARDING BRIEFING SCHEDULE FOR 

MOTIONS TO DISMISS 

Hon. Richard Seeborg 

Courtroom 3, 17th Floor

This Document Relates To: 

ALL ACTIONS 
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STIPULATION AND ORDER REGARDING BRIEFING

SCHEDULE FOR MOTIONS TO DISMISS - (LEAD

CASE NO. 5:17-CV-000162-RS) 

WHEREAS, on July 31, 2017, in accordance with the Court’s June 30, 2017 

Consolidation Order, Plaintiffs designated the complaint filed in Liss v. Schulman, et al., Case 

No. 5:17-cv-02446 as the operative complaint in this Consolidated Derivative Action (the 

“Operative Complaint”). 

WHEREAS, on September 28, 2017, nominal defendant PayPal Holdings, Inc. (“PayPal”) 

filed a motion to dismiss Plaintiffs’ Operative Complaint (“Motion to Dismiss”); 

WHEREAS, on September 29, 2017, the Court advanced the hearing on PayPal’s Motion 

to Dismiss from January 25, 2018 to December 14, 2017; 

WHEREAS, pursuant to the Consolidation Order, the deadline for Plaintiffs to file 

response(s) to PayPal’s Motion to Dismiss was November 13, 2017, and the deadline for PayPal’s 

reply brief(s) was December 4, 2017;

WHEREAS, on November 8, 2017, the Court entered an order approving a stipulation 

extending the deadline for Plaintiffs to file their opposition to PayPal’s Motion to Dismiss to 

November 16, 2017, and the deadline for PayPal to file its reply brief to December 7, 2017; 

WHEREAS, as a result of the extension of the briefing schedule, the Court continued the 

hearing on PayPal’s Motion to Dismiss from December 14, 2017 to December 21, 2017 at 1:30 

PM; 

WHEREAS, PayPal’s counsel is unavailable for a hearing on December 21, 2017; 

WHEREAS, the parties have conferred regarding the date for the hearing on PayPal’s 

Motion to Dismiss, and in light of PayPal’s counsel’s unavailability on December 21, 2017, have 

agreed to reschedule the deadline for PayPal’s reply brief to December 4, 2017, and advance the 

hearing on PayPal’s Motion to Dismiss to December 14, 2017 at 2:30 PM, as previously 

scheduled prior to the stipulation extended the briefing schedule;

NOW, THEREFORE, the undersigned parties hereby stipulate and agree, and respectfully 

request, that the Court enter an order as follows: 

1. PayPal’s reply brief(s) shall be filed no later than December 4, 2017; 

2. The hearing on PayPal’s MTD shall be advanced from December 21, 2017 at 1:30 

PM to December 14, 2017 at 2:30 PM. 
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- 1 - 

STIPULATION AND ORDER REGARDING BRIEFING

SCHEDULE FOR MOTIONS TO DISMISS - (LEAD

CASE NO. 5:17-CV-000162-RS) 

Dated: November 10, 2017 JAMES N. KRAMER

ALEXANDER K. TALARIDES 

SUZETTE J. BARNES 

Orrick, Herrington & Sutcliffe LLP 

/s/ Alexander K. Talarides 

ALEXANDER K. TALARIDES 

Attorneys for Nominal Defendant 

PayPal Holdings, Inc., and Individual Defendants 

Daniel H. Schulman, John D. Rainey, Patrick L.A. 

Dupuis, Wences Casares, Jonathan Christodoro, John 

J. Donahoe, David W. Dorman, Gail J. McGovern, 

David M. Moffett, Pierre M. Omidyar and Frank D. 

Yeary 

I, Alexander K. Talarides, am the ECF user whose ID and password are being used to file 

this Stipulation and [Proposed] Order Regarding Briefing Schedule for Motions to Dismiss. In 

compliance with General Order 45, X.B., I hereby attest that Shane P. Sanders has concurred in 

this filing. 

Dated: November 10, 2017 BRIAN J. ROBBINS

FELIPE J. ARROYO 

SHANE P. SANDERS 

SCOTT F. TEMPLETON 

ROBBINS ARROYO LLP 

/s/ Shane P. Sanders 

Shane P. Sanders 

Counsel for Plaintiffs Steve Sims and Edith Liss and 

Co-Lead Counsel for All Plaintiffs
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- 2 - 

STIPULATION AND ORDER REGARDING BRIEFING

SCHEDULE FOR MOTIONS TO DISMISS - (LEAD

CASE NO. 5:17-CV-000162-RS) 

*** 

ORDER 

Based on the stipulation of the signed parties, and good cause appearing, IT IS HEREBY 

ORDERED that the Stipulation is approved. 

It is so ORDERED. 

DATED: _______________________

THE HONORABLE RICHARD SEEBORG 

UNITED STATES DISTRICT JUDGE

11/13/17