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<p class="MsoNormal"><span style="color:#1F497D">Thanks Ed!&nbsp; That means a lot to me and the team!<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;color:#1F497D">HOLLY</span></b><span style="font-size:9.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;color:#1F497D">&nbsp;</span><b><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;color:#1F497D">GREGORY</span></b><span style="font-size:9.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;color:#1F497D"><br>
Partner<br>
<br>
</span><b><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;color:#1F497D">Sidley Austin LLP</span></b><b><span style="font-size:9.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;color:#1F497D"><br>
</span></b><span style="font-size:9.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;color:#1F497D">&#43;1 212 839 5853<br>
<a href="mailto:holly.gregory@sidley.com" title="Click to send email to Gregory, Holly">holly.gregory@sidley.com</a><o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-left:.5in"><b><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">From:</span></b><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;"> Edward Morris [mailto:egmorris1@toast.net]
<br>
<b>Sent:</b> Tuesday, September 22, 2015 10:30 PM<br>
<b>To:</b> Gregory, Holly; thomas@rickert.net; mathieu.weill@afnic.fr; León Felipe Sánchez Ambía; ccwg-accountability5@icann.org; Alice Jansen; Grace Abuhamad<br>
<b>Cc:</b> Sidley ICANN CCWG; ICANN-Adler<br>
<b>Subject:</b> re: [Acct-Legal] Comparison of CCWG CMSM Proposal and ICANN Board MEM Proposal<o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-left:.5in"><o:p>&nbsp;</o:p></p>
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<p class="MsoNormal" style="margin-left:.5in"><span style="font-size:13.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Holly and Rosemary,<o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-left:.5in"><span style="font-size:13.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Many months ago I was part of the small Legal Sub-team that chose to retain both your firms to advise us here on the CCWG. As I've been reading&nbsp;the
 documents you've just sent us&nbsp;contrasting the Board and CCWG 2nd draft proposals&nbsp;&nbsp;my initial reaction has been&nbsp;&nbsp;&quot;damn, we made the right decision&quot;.<o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-left:.5in"><span style="font-size:13.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Thanks you for your extraordinary, detailed,&nbsp;comprehensive and valuable &nbsp;work. It's of great help.<o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-left:.5in"><span style="font-size:13.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Best,<o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-left:.5in"><span style="font-size:13.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Ed Morris<o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-left:.5in"><b><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">From</span></b><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">: &quot;Gregory, Holly&quot; &lt;<a href="mailto:holly.gregory@sidley.com">holly.gregory@sidley.com</a>&gt;<br>
<b>Sent</b>: Wednesday, September 23, 2015 3:06 AM<br>
<b>To</b>: &quot;<a href="mailto:thomas@rickert.net">thomas@rickert.net</a>&quot; &lt;<a href="mailto:thomas@rickert.net">thomas@rickert.net</a>&gt;, &quot;<a href="mailto:mathieu.weill@afnic.fr">mathieu.weill@afnic.fr</a>&quot; &lt;<a href="mailto:mathieu.weill@afnic.fr">mathieu.weill@afnic.fr</a>&gt;,
 &quot;León Felipe Sánchez Ambía&quot; &lt;<a href="mailto:leonfelipe@sanchez.mx">leonfelipe@sanchez.mx</a>&gt;, &quot;<a href="mailto:ccwg-accountability5@icann.org">ccwg-accountability5@icann.org</a>&quot; &lt;<a href="mailto:ccwg-accountability5@icann.org">ccwg-accountability5@icann.org</a>&gt;,
 &quot;Alice Jansen&quot; &lt;<a href="mailto:alice.jansen@icann.org">alice.jansen@icann.org</a>&gt;, &quot;Grace Abuhamad&quot; &lt;<a href="mailto:grace.abuhamad@icann.org">grace.abuhamad@icann.org</a>&gt;<br>
<b>Cc</b>: &quot;Sidley ICANN CCWG&quot; &lt;<a href="mailto:sidleyicannccwg@sidley.com">sidleyicannccwg@sidley.com</a>&gt;, &quot;ICANN-Adler&quot; &lt;<a href="mailto:ICANN@adlercolvin.com">ICANN@adlercolvin.com</a>&gt;<br>
<b>Subject</b>: [Acct-Legal] Comparison of CCWG CMSM Proposal and ICANN Board MEM Proposal</span><span style="font-size:13.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">
<o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-left:.5in"><span style="font-size:13.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&nbsp;<o:p></o:p></span></p>
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<p class="08896adb-c2fb-4148-844c-9246cce7fcdc" style="margin-left:.5in"><span style="font-size:13.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">&nbsp;<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-left:.5in">Dear Co-Chairs, Members and Participants of CCWG,&nbsp;<o:p></o:p></p>
<p class="MsoNormal" style="margin-left:.5in">&nbsp;<o:p></o:p></p>
<p class="MsoNormal" style="margin-left:.5in">Attached please find three documents to assist in preparation for our meeting in L.A.:<o:p></o:p></p>
<p class="MsoNormal" style="margin-left:.5in">&nbsp;<o:p></o:p></p>
<p class="MsoListParagraph" style="margin-left:1.0in"><span style="font-size:11.0pt;font-family:Symbol">·</span><span style="font-size:7.0pt;font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">A memo from Sidley and Adler with our high level observations regarding comparison between the Board Proposal and the CCWG Proposal.&nbsp;
</span><o:p></o:p></p>
<p class="MsoListParagraph" style="margin-left:1.0in"><a name="_GoBack"></a><span style="font-size:11.0pt;font-family:Symbol">·</span><span style="font-size:7.0pt;font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">A Summary Comparison of Key Characteristics of CMSM Model and Board Proposal &#8211; this or something along these lines will be expanded out in the next several days to include the Sole Designator
 model as requested on today&#8217;s call</span><o:p></o:p></p>
<p class="MsoListParagraph" style="margin-left:1.0in"><span style="font-size:11.0pt;font-family:Symbol">·</span><span style="font-size:7.0pt;font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">Comparison of CCWG 2<sup>nd</sup> Draft Proposal (Community Mechanism as Sole Member) and ICANN Board Proposal (Comparison)</span><o:p></o:p></p>
<p class="MsoNormal" style="margin-left:.5in">We look forward to seeing you in L.A.,<o:p></o:p></p>
<p class="MsoNormal" style="margin-left:.5in">&nbsp;<o:p></o:p></p>
<p class="MsoNormal" style="margin-left:.5in">Holly and Rosemary<o:p></o:p></p>
<p class="MsoNormal" style="margin-left:.5in"><span style="color:#1F497D">&nbsp;</span><o:p></o:p></p>
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<b><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;color:#1F497D">HOLLY</span></b><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;color:#1F497D">&nbsp;<b>J. GREGORY</b></span><br>
<span style="font-size:9.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;color:#1F497D">Partner and Co-Chair<br>
Global Corporate Governance &amp; Executive Compensation Practice</span><br>
<br>
<b><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;color:#1F497D">Sidley Austin LLP</span></b><br>
<span style="font-size:9.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;color:#1F497D">&#43;1 212 839 5853<br>
<a href="mailto:holly.gregory@sidley.com" title="Click to send email to Gregory, Holly">holly.gregory@sidley.com</a></span><o:p></o:p></p>
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<p class="MsoNormal" style="margin-left:.5in"><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;color:#1F497D">&nbsp;</span><o:p></o:p></p>
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<p style="margin-left:.5in"><span style="font-size:13.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">****************************************************************************************************<br>
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