Proposed agreement to settle pending litigation with Verisign and to extend Verisign's contract as the registry operator for the .com domain.
re: Proposed agreement to settle pending litigation with Verisign and to extend Verisign's contract as the registry operator for the .com domain. ICANN Board, Decision Systems Plus does not believe the terms of this agreement are consistent with the interests of registrants, registrars and re-sellers. 1) Pricing: The proposed revisions provide Verisign with the unprecedented capability to increase prices by seven percent annually in four of the next six years. 2) Perpetual Management Rights: The proposed revisions would modify the renewal clauses so that the contract is essentially non- cancellable and ICANN's right to re-bid the contract is taken away. This is especially objectionable in the context of the current restrictive regime for introduction of new International Top Level Domains. There are other issues but these are the two most important.
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