ICANN Resolutions » 2004-03-06 - .net Registry Agreement Expiration Date and Initial Procedure for Designating Successor Registry Operator
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Board authorizes ICANN Staff to initiate search for successor operator of .NET registry in anticipation of registry agreement's expiration.
Whereas, Section 5.1 of the .net Registry Agreement entered into between ICANN and VeriSign on 25 May 2001 provides that the agreement will expire no later than 30 June 2005 <http://www.icann.org/tlds/agreements/verisign/registry-agmt-net-25may01.htm>;
Whereas, Section 5.2 of the .net Registry Agreement obligates ICANN to adopt an open, transparent procedure for designating a successor Registry Operator by no later than one year prior to the end of the agreement, which would be 30 June 2004;
Resolved, [04.18] that in order to prepare for the designation of a transparent procedure by 30 June 2004, the Board authorizes the President to take steps to initiate the process as specified in Section 5.2 of the .net Registry Agreement for designating a successor operator for the .net registry, including referrals and requests for advice to the GNSO and other relevant committees and organizations as appropriate.