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[ga] .org: non-profit successor for NSI mandatory?
<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?
--
Thomas Roessler <roessler@does-not-exist.org>
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