ICANN Resolutions » 2005-10-12 - Approval of Amendment to .NET Registry Agreement
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Board authorizes amendment of .NET registry agreement to implement changes to RRA and fee provisions.
Whereas, ICANN and VeriSign have entered an agreement concerning the operation of the .NET registry effective 1 July 2005.
Whereas, the community of ICANN-accredited registrars, along with other members of the ICANN community, have voiced complaints concerning the content of the .NET agreement at the Luxembourg meetings and in postings thereafter.
Whereas, VeriSign issued a statement during the Luxembourg meeting agreeing to renegotiate terms relating to the wholesale price of names to registrars and the terms Registry-Registrar agreement (RRA).
Whereas, ICANN staff has spent several months engaged in discussions with VeriSign and the registrar community concerning appropriate revisions that could be made to the agreement in an attempt to address some of the community concerns.
Whereas, updates on the status of consultations and negotiations have been posted to the ICANN website on 9 August 2005 and 22 September 2005.
Whereas, these discussions have led to a proposed agreement between VeriSign and ICANN to amend the .NET Registry Agreement, as posted on the ICANN website for public comment on 22 September 2005.
Whereas, a public comment forum on the proposed amendment was opened on 22 September 2005 and closed on 10 October 2005.
Whereas, the Board has reviewed and considered the five comments that were submitted to the public comment forum <http://forum.icann.org/lists/net-amendment-comments>.
Whereas, the Board has determined that entering the proposed amendment would be in the best interests of ICANN and the Internet community.
Resolved (05.76) the Board authorizes the President and the General Counsel to enter the proposed amendment to the .NET Registry Agreement, and to take such actions as appropriate to implement the agreement as amended.