[CCWG-ACCT] PTI Funding to cover ICANN crisis

[Alan Greenberg]

As discussed during today's meeting, I would like to formally suggest 
that the CCWG propose that Upon the creation of PTI, ICANN will 
provide the equivalent of three years funding to PTI (both 
operational and R%D), and that PTI should hold these funds in escrow 
to cover any future situation where ICANN is not in a position to 
adequately find approved PTI budgets (the wording will clearly need 
to be refined). Furthermore, the amount provided by ICANN and held in 
escrow should be adjusted annually based on the then-current budget levels.

There may need to be some adjustment of this to cover interest earned 
on the escrow funds, but I suspect there are standard business terms 
that cover this sort of thing.

Alan