<br><font size=2 face="sans-serif">Mike,</font>
<br>
<br><font size=2 face="sans-serif">Thank you and Zahid for preparing the
reports.</font>
<br>
<br><font size=2 face="sans-serif">I agree with statements put forward
in the minority report and reflects the concerns with the proposed RPMs
put forward by the ICANN Staff.</font>
<br>
<br><font size=2 face="sans-serif">Best regards,</font>
<br>
<br><font size=2 face="sans-serif">Martin<br>
</font>
<br><font size=2 color=red face="Arial"><b>Martin C SUTTON</b> </font>
<br><font size=2 color=red face="Arial">Group Risk </font>
<br><font size=1 face="Arial">Manager, Group Fraud Risk and Intelligence
| HSBC HOLDINGS PLC HGHQ<br>
Group Security & Fraud Risk<br>
8 Canada Square,Canary Wharf,London,E14 5HQ,United Kingdom</font>
<br><font size=1 color=red face="Arial">________________________________________________________________<br>
</font>
<br><font size=1 color=#4f4f4f face="Arial">Phone. +44 (0)20
7991 8074 / 7991 8074</font>
<br><font size=1 color=#4f4f4f face="Arial">Mobile. +44 (0)
7774556680</font>
<br><font size=1 color=#4f4f4f face="Arial">Email.
</font><a href=mailto:martinsutton@hsbc.com><font size=1 color=red face="Arial"><u>martinsutton@hsbc.com</u></font></a>
<br><font size=1 color=red face="Arial">________________________________________________________________</font>
<br>
<br>
<br>
<table width=100%>
<tr valign=top>
<td width=41%><font size=1 face="sans-serif"><b>"Mike Rodenbaugh"
<icann@rodenbaugh.com></b> </font>
<br><font size=1 face="sans-serif">Sent by: owner-bc-gnso@icann.org</font>
<p><font size=1 face="sans-serif">Dec 11 2009 15:17</font>
<br>
<br><font size=1 color=#808080 face="sans-serif"><b>Mail Size: 90434</b></font>
<br>
<table border>
<tr valign=top>
<td bgcolor=white>
<div align=center><font size=1 face="sans-serif">Please respond to<br>
<icann@rodenbaugh.com></font></div></table>
<br>
<td width=58%>
<table width=100%>
<tr valign=top>
<td>
<div align=right><font size=1 face="sans-serif">To</font></div>
<td><font size=1 face="sans-serif"><bc-gnso@icann.org></font>
<tr valign=top>
<td>
<div align=right><font size=1 face="sans-serif">cc</font></div>
<td><font size=1 face="sans-serif">"'Margie Milam'" <Margie.Milam@icann.org></font>
<tr valign=top>
<td>
<div align=right><font size=1 face="sans-serif">Subject</font></div>
<td><font size=1 face="sans-serif">[bc-gnso] BC Minority Position re STI
Initial Report</font></table>
<br>
<table>
<tr valign=top>
<td>
<div align=right><font size=1 face="sans-serif"> Entity</font></div>
<td><font size=1 face="Default MultiLingual"> </font><font size=1 face="sans-serif">HSBC
Holdings plc - GMO</font></table>
<br></table>
<br>
<br>
<br><font size=2 face="Calibri">Attached please find the Minority Statement
that Zahid and I have drafted, based upon the earlier consensus document
agreed by the BC, further comments from Members during this STI process,
and our own negotiation and participation efforts within the STI team.</font>
<br><font size=2 face="Calibri"> </font>
<br><font size=2 face="Calibri">I also include Zahid’s version 1.0, which
I have edited drastically due to focus, length and repetition. He
has not had a chance to review my version 2.0 yet, either, as he is hopefully
asleep right now.</font>
<br><font size=2 face="Calibri"> </font>
<br><font size=2 face="Calibri">Margie, this is tentative, subject to modification
upon formal review of our membership, but Zahid and I believe it represents
consensus of the BC. We ask you to please hold it, and do not submit
the Initial Report to the Council, until at least 3pm PST today, to allow
our members the chance to offer comments to me and Zahid, for possible
further editing today.</font>
<br><font size=2 face="Calibri"> </font>
<br><font size=2 face="Calibri">Thanks,</font>
<br><font size=2 face="Calibri">Mike</font>
<br><font size=2 face="Calibri"> </font>
<br><font size=2 face="Calibri">Mike Rodenbaugh</font>
<br><font size=2 face="Calibri">RODENBAUGH LAW</font>
<br><font size=2 face="Calibri">548 Market Street</font>
<br><font size=2 face="Calibri">San Francisco, CA 94104</font>
<br><a href="http://service.ringcentral.com/ringme/callback.asp?mbid=57178438,0,&referer=http://rodenbaugh.com/contact"><font size=2 color=blue face="Calibri"><u>(415)
738-8087</u></font></a>
<br><a href=http://rodenbaugh.com/><font size=2 color=blue face="Calibri"><u>http://rodenbaugh.com</u></font></a>
<br><font size=2 face="Calibri"> </font>
<br><font size=2 face="Calibri"> [attachment "BC Minority Report
v2.0.docx" deleted by Martin C SUTTON/GMO/HSBC] [attachment "BC
Minority Report v1.0.docx" deleted by Martin C SUTTON/GMO/HSBC] </font>
<br><font size=2 face="sans-serif"><br>
<br>
************************************************************<br>
HSBC Holdings plc<br>
Registered Office: 8 Canada Square, London E14 5HQ, United Kingdom<br>
Registered in England number 617987<br>
************************************************************<br>
</font>
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