rewel of contract

[Jdouman@xxxxxxx]

To the ICANN Board,

  The proposed TLD Registry Renewal Contracts for .info, .biz, and .org

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 devastating impact on the

business models of millions of domain and web site owners worldwide.

   

  The impact will be especially damaging to .org and .info domain

owners and site operators who for the most part use .org and .info

domains for non-profit, charitable organizations, and educational

purposes.

   

  Hundreds of billions of dollars have been invested into the core

domain name infrastructure of the Internet with the secured

expectation that acquiring, owning and maintaining domains would

always be affordable and make economic sense for a long term

investment.

   

  To enable and facilitate a way for registry's to financially exploit

and gouge the marketplace would not only be a business tragedy, but

it goes against the grain of all the base principles upon which the

Internet was conceived. It would certainly deter new entrepreneurs

from considering venturing onto the Net if there is no certainty what

their site's URL location will be costing them each year they renew.

And the vast multitude of current domain owners and web site

operators would close up shop if their costs of doing business

skyrocketed on every domain they own.

   

  Even more importantly, 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.

   

  And inevitably, there would be a tidal wave of costly and time

consuming lawsuits and litigation that ICANN itself would have to

deal with from the millions of impacted domain owners.

  Thus, I respectfully request that you reconsider and reconstruct the

contracts and remove this no price caps clause completely.

Jack Doumaian