24 Jun '11, 3am

ICANN Approves The Renewal Of .Net Contract With VeriSign

ICANN has just approved the renewal of the .Net contract with VeriSign (VRSN) Here is the resolution which all Board members voted in favor of, with one abstention: Resolution on Renewal of the dot net agreement. Whereas, the current dot net registry agreement is due to expire on 30th June 2011. Whereas,, section 4.2 of the current dot net registry agreement provides that the agreement shall be renewed upon the expiration of the initial term so long as certain requirements are met and that upon renewal, in the event that certain terms of this agreement are not similar to the terms generally in effect in the registry agreements of the five largest gTLD’s, determined by the number of domain name name edge registrations on the management at the time of renewal, renewal is shall be upon terms reasonably necessary to represent the terms of this agreement similar to such terms i...

Full article: http://www.thedomains.com/2011/06/23/icann-approves-the-r...

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Is #ICANN .necessary? #newTLDs #domains

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العربية 中文 English Français Español Русский 日本語 Deutsch Português 한국어 Italiano ICANN Approves Historic Change to Internet'...

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