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[council] Needs clarification about Agreement between Verisign and ICANN regarding .ORG Divesture

Hi Louis, Roger and all:

I am sure that everybody knows very well the texts of
the actual
Agreements between Verisign and ICANN.

However, I would like a clarification regarding the
part describing .ORG
Divesture (section D, number 2):

"2. The .org Registry Agreement would adopt the form
of the registry
agreements that will be entered into by the new
    global TLD registry operators. The term of the
.org Registry
Agreement would be shortened by almost one year to 31
    December 2002, at which time VeriSign would
permanently relinquish
its right to operate the .org registry, and an
    appropriate sponsoring organization representing
organizations would be sought (through some
    procedure yet to be determined) to assume the
operation of the
registry. In addition, VeriSign would establish an
    endowment of $5 million for the purpose of funding
the reasonable
operating expenses of a global registry for the
    specific use of non-profit organizations, and
would make global
resolution resources available to the operator of the
    .org registry for no charge for one year and on
terms to be
determined thereafter, for so long as it operates the
    registry. The net result of this would be a .org
registry returned,
after some appropriate transition period, to its
    originally intended function as a registry
operated by and for
non-profit organizations."

The questions regarding this paragraph are:

1.  Does all this paragraph means that the agreements
obligatorily that .ORG be "SPONSORED" ("appropiate
    representing non-commercial organizations...") 
and also that be
"RESTRICTED" ("for the specific use of non-profit    
"Registry operated by and for non-profit
organizations")? Please,
explain why.

2.  Would the applicants for being the global registry
for .ORG need to
demonstrate some financial resources, although
Verisign would
    stablish and endowment of $5 million for the
purpose of funding
reasonable operating expenses and would make some
other technical 
    resources available for one year to no cost to
whoever be selected
sponsor organization?  

Thank you in advance for all the information you can
provide me.

Best Regards

Nilda Vany Martinez Grajales, BSEE
Information Technology Specialist
Sustainable Development Networking Programme/Panama
Member of the ICANN's DNSO Non-Commercial Constituency
Tel: (507) 317-0169
e-mail:  vany@sdnp.org.pa

Are you a Non-Commercial organization and have a
domain name?
Join the ICANN's DNSO Non-Commercial Constituency, ncdnhc.icann-ncc.org

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