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Re: [ga] .org: non-profit successor for NSI mandatory?
I'm not a contract lawyer, but on first look this appears to an agreement
by which the "operator" pays $5million and ICANN agrees to give .org to a
non-profit.
If ICANN were to give .org to a for-profit, I would guess -- and remember,
I'm a public lawyer not a contract lawyer -- that it would be very
vulnerable to a claim it had forfeited the $5 million and had to return
it. I don't see that ICANN would liable for further damages for breach of
contract beyond this.
Perhaps Louis Touton could give us his view?
(PS. As a policy matter it is clear why VeriSign would be willing to pay a
lot to ensure that .org was not a competitor. However, it isn't obvious
to me that this clause perfectly achieves that objective. That .org is
run by a non-profit does not in principle mean it cannot be a competitor,
since organizational form does not determine registration policy. One
could imagine a non-profit that ran .com, after all.)
On Thu, 15 Mar 2001, Thomas Roessler wrote:
> <http://www.icann.org/nsi/proposed-org-registry-agmt-01mar01.htm>:
>
> 5.1.4 No later than 90 days prior to the Expiration Date,
> Registry Operator will pay to ICANN or ICANN's designee the
> sum of US $5 million, to be used by ICANN in it sole
> > discretion to establish an endowment to be used to fund
> vvvvvvvvvvvvvvvvvvvvvvvv
> > future operating costs of the non-profit entity designated
> ^^^^^^^^^^^^^^^^^^^^^^^^
> by ICANN as successor operator of the .org registry.
> Registry Operator agrees that such funds, once paid to
> ICANN, will become the property of ICANN and/or ICANN's
> designee, and that Registry Operator will have no ownership
> or other rights or interests in such funds or in the manner
> in which they are used or disbursed.
>
>
> Maybe some US lawyers here can enlighten us whether or not this
> clause constructs an obligation for ICANN to assign .org to a
> non-profit entity after NSI gives it up?
>
>
--
Please visit http://www.icannwatch.org
A. Michael Froomkin | Professor of Law | froomkin@law.tm
U. Miami School of Law, P.O. Box 248087, Coral Gables, FL 33124 USA
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