RE: [ga] Re: Board descisions

["Gomes, Chuck" <cgomes@verisign.com>]

My understanding is as follows and as I recall Joe Sims confirmed much of
this in Melbourne:  VeriSign approached ICANN about the possibility of
renegotiating the agreements and proposed the $200M investment idea.  At
first, this seemed to be an unrealistic idea so VeriSign continued pursuing
the separation of its Registrar business.  Later, some interest was
communicated by ICANN and they then proposed the terms of the new
agreements.  Detailed negotiations of those terms then ensued.

I do not know specific time frames of the above, but I can tell you that
within VeriSign there was not much optimism about the possibility of
renegotiating until very late in the game, well into 2001.

Chuck

 -----Original Message-----
From: 	DPF [mailto:david@farrar.com] 
Sent:	Thursday, March 15, 2001 4:49 AM
To:	ga@dnso.org
Subject:	Re: [ga] Re: Board descisions

On Wed, 14 Mar 2001 14:13:51 -0500, you wrote:

>It is my understanding that the reason for a late start in the negotiations
>of a new agreement had to do with the fact that there did not seem to be
any
>realistic chance of accomplishing such a task.  There was not to my
>knowledge any intential effort to delay the process.  In fact, delaying it
>had very negative consequences for us in the investment community.  The
>sooner there is clarity in this regard the better for us.
>
>Keep in mind, we were pursuing a path of complying with the existing
>agreement and were very close to finalizing tasks related to that.

Chuck - can you (or someone who knows) clarify whether Verisign
approached ICANN with a proposal to change the existing contract, or
ICANN staff approached Verisign and when this contact first happened?

DPF
--
david@farrar.com
ICQ 29964527
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