Oath and Mozilla are in a legal battle over a Yahoo search deal - Recode

Broken Oath

"Mozilla switched to Yahoo from Google after Mayer offered a much more lucrative deal that included an unprecedented term to protect Mozilla in a change-of-control scenario. It was a scenario that Mayer never thought would happen, which is why she apparently pushed through the problematic deal point.

According to the change-of-control term, 9.1 in the agreement, Mozilla had the right to leave the partnership if — under its sole discretion and in a certain time period — it did not deem the new partner acceptable. And if it did that, even if it struck another search deal, Yahoo was still obligated to pay out annual revenue guarantees of $375 million."

Oath and Mozilla are in a legal battle over a Yahoo search deal - Recode