<html><body><span style="font-family:Verdana; color:#000000; font-size:10pt;"><div>In preparation for today's call, I am forwarding a message received from ICANN staff on their interpretation of the impact of CA law on independent review.</div><div><span style="font-family: Verdana; color: rgb(0, 0, 0); font-size: 10pt;"><div>FYR</div><div><br></div><div>Warren<br><br>Warren Adelman<br>President & COO<br><a target="_blank" href="http://GoDaddy.com">GoDaddy.com</a><br><a target="_blank" href="mailto:warren@godaddy.com">warren@godaddy.com</a><br>twitter: <a target="_blank" href="http://twitter.com/asocialcontract">http://twitter.com/asocialcontract</a></div><div><a target="_blank" href="http://www.godaddy.com">http://www.godaddy.com</a></div><div><br></div><blockquote id="replyBlockquote" webmail="1" style="border-left: 2px solid blue; margin-left: 8px; padding-left: 8px; font-size: 10pt; color: black; font-family: verdana;"><div id="wmQuoteWrapper"><div> <font size="2" face="Tahoma"> <b>From</b>: Jamie Hedlund <<a target="_blank" href="mailto:jamie.hedlund@icann.org">jamie.hedlund@icann.org</a>> <br><b>To</b>: Larry Strickling <br><b>Cc</b>: John Jeffrey <<a target="_blank" href="mailto:john.jeffrey@icann.org">john.jeffrey@icann.org</a>>; Fiona Alexander <br><b>Sent</b>: Thu Aug 26 09:48:05 2010<br><b>Subject</b>: Limitations on Third Party Review of Corporate Board Actions under California Law <br></font><br></div> Larry,<div><br></div><div>Per your request, the attached briefing sheet attempts to summarize California law limitations on the ability of corporate directors to submit their actions to non-governmental third-party review. Please feel free to share this document with the ATRT and make it publicly available. If you have any questions, please let us know. Thanks.</div><div><br></div><div>Best,</div><div>Jamie</div><br><div> <span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; font-size: medium;"><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; font-size: medium;"><div style=""><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; font-size: medium;"><div style=""><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><div style=""><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><div style=""><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><div style=""><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><div style=""><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><div style=""><div><font class="Apple-style-span" face="'Times New Roman'">Jamie Hedlund</font></div><div><font class="Apple-style-span" face="'Times New Roman'">Vice President, Government Affairs - Americas</font></div><div><font class="Apple-style-span" face="'Times New Roman'">Internet Corporation for Assigned Names and Numbers (ICANN)</font></div><div><font class="Apple-style-span" face="'Times New Roman'">1101 New York Ave., NW</font><span class="Apple-converted-space"><font class="Apple-style-span" face="'Times New Roman'"> </font></span><font class="Apple-style-span" face="'Times New Roman'">·</font><span class="Apple-converted-space"><font class="Apple-style-span" face="'Times New Roman'"> </font></span><font class="Apple-style-span" face="'Times New Roman'">Suite 930 · Washington, DC 20005</font></div><div><font class="Apple-style-span" face="'Times New Roman'">Desk +1 202.570.7125 · Mobile +1 202.374.3969 · <a target="_blank" href="mailto:jamie.hedlund@icann.org">jamie.hedlund@icann.org</a> </font></div><div><font class="Apple-style-span" face="Verdana"><br></font></div></div></span></div></span></div></span></div></span></div></span></div></span></div></span></span></div> </div> </blockquote></span></div></span></body></html>