Exhibit 10.24


Summary of
Compensation Payable to Named Executive Officers


Base Salary.  The Compensation Committee (the “Committee”)
of the Board of Directors of Yahoo! Inc. (“Yahoo!”) has previously approved the
annual base salaries of Yahoo!’s executive officers.  The following table shows the annual base
salary for 2006 of our Chief Executive Officer and four most highly compensated
other executive officers (based on their total annual salary and bonus
compensation during 2005), also referred to as the Named Executive Officers.


	
  Name and Principal Position

  	
   

  	
         Salary       

  	
   

  
	
  Terry S. Semel 

  	
   

  	
   

  	
   

  
	
  Chairman and Chief Executive
  Officer

  	
   

  	
  $

  	
  1

  	
  (1)

  
	
   

  	
   

  	
   

  	
   

  
	
  Susan Decker 

  	
   

  	
   

  	
   

  
	
  Executive Vice President,
  Finance and Administration, and Chief Financial Officer

  	
   

  	
  $

  	
  500,000

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Daniel L. Rosensweig 

  	
   

  	
   

  	
   

  
	
  Chief Operating Officer

  	
   

  	
  $

  	
  500,000

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Farzad Nazem 

  	
   

  	
   

  	
   

  
	
  Chief Technical Officer and
  Executive Vice President, Engineering and Site Operations

  	
   

  	
  $

  	
  500,000

  	
  (2)

  
	
   

  	
   

  	
   

  	
   

  
	
  Michael J. Callahan 

  	
   

  	
   

  	
   

  
	
  Senior Vice President,
  General Counsel and Secretary

  	
   

  	
  $

  	
  325,000

  	
   

  







(1)             In
May 2006 the Committee approved a $1 base salary rate for Mr. Semel for the
period from June 1, 2006 through December 31, 2006, as well as for each of
calendar 2007 and calendar 2008.  For the
period from January 1, 2006 through May 31, 2006, Mr. Semel was paid at his
2005 rate of base salary, $600,000 annually.


(2)             Mr.
Nazem’s 2006 annual salary of $500,000 was reported in our Form 8-K filed on
June 2, 2006.  Exhibit 10.24 filed with our
Form 10-Q on August 4, 2006 inadvertently stated Mr. Nazem’s 2006 annual salary
to be $450,000.


Bonus.  In addition to receiving base salary, Yahoo!’s
Named Executive Officers are also generally eligible to receive an annual bonus
as described below.


For each of 2006 through 2008, Mr. Semel will be
eligible to receive a discretionary annual bonus payable in the form of a fully
vested nonqualified stock option for up to 1 million shares of Yahoo! common
stock with an exercise price equal to the closing trading price of Yahoo!’s
common stock on the date of the grant of the award.  The amount of each such annual bonus, if any,
will be determined by the Committee based on the achievement of Yahoo!’s
strategic and operating priorities each year and other objective and subjective
performance criteria to be established by the Committee.


For each of 2006 through 2009, Mr. Rosensweig and Ms.
Decker will each be eligible to receive an annual target cash bonus of $1
million.  For each of 2006 and 2007, Mr.
Nazem will be eligible to receive an annual target cash bonus of $1
million.  Mr. Callahan is also generally
eligible to receive an annual bonus.  In
each case, the amount of an executive’s annual bonus, if any, will be
determined by the Committee based on the executive’s and Yahoo!’s performance
for the relevant year.


Long-Term
Incentives.  The
Named Executive Officers are also eligible to receive equity-based incentives
and other awards from time to time in the discretion of the Committee.  Equity-based incentives granted by Yahoo! to
the Named Executive Officers are reported on Form 4 filings with the Securities
and Exchange Commission.