Oppose new agreement for .biz

["steve" <steve@xxxxxxxxxxxx>]

To the ICANN Board,

The proposed TLD Registry Renewal Contracts for .biz domains have a
seriously flawed component whereby a Registry will be able to set arbitrary
rates without price caps at whatever the market will bear. This will create
a financially devasting impact on the business models of millions of domain
and web site owners worldwide.

The impact will be especially damaging to .biz domain owners and site
operators who for the most part use .biz domains for non-profit, charitable
organizations, and educational purposes.

This flaw would give an unfair economic advantage to individuals and
corporations who have substantial capital resources who could outbid less
fortunate and startup entrepreneurs with limited capital.

Thus, I respectfully request that you reconsider and reconstruct the
contracts and remove this no price caps clause completely.

Yours truly,
Steve Cheatham