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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">Thanks Ayden, much appreciated.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"> Ayden Férdeline [mailto:icann@ferdeline.com]
<br>
<b>Sent:</b> Tuesday, April 24, 2018 1:54 AM<br>
<b>To:</b> Austin, Donna <Donna.Austin@team.neustar><br>
<b>Cc:</b> GNSO Council List <council@gnso.icann.org><br>
<b>Subject:</b> RE: [EXTERNAL] Re: [council] SCBO Proposed Comment on Reserve Fund Replenishment<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal">Thank you for this feedback, Donna.<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal">I have now revised our proposed comment to reflect your requested timeframe, and have attached to this email the proposed final text.<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal">The deadline for the submission of comments on this issue is tomorrow.
<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal">Absent any objection from members of the Council, I will ask Berry to submit the statement on behalf of the Council to the designated public comment forum tomorrow.<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal">Please let me know, either on or off-list, if you have any concerns regarding this approach or the comment itself. Thank you!<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal">Kind regards,<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal">Ayden Férdeline <o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal"><span style="font-family:"Cambria Math",serif">‐‐‐‐‐‐‐</span> Original Message
<span style="font-family:"Cambria Math",serif">‐‐‐‐‐‐‐</span><o:p></o:p></p>
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<p class="MsoNormal">On 20 April 2018 8:17 PM, Austin, Donna <<a href="mailto:Donna.Austin@team.neustar">Donna.Austin@team.neustar</a>> wrote:<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">Hi Ayden</span></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"> </span></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">Thank you for the friendly reminder. I wanted to address your question about replenishment
 timeframe.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"> </span></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">In short the RySG does not support changing the language from “three to five years”
 as proposed by the BC.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"> </span></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">From an RySG perspective we see no reason to rush replenishment and believe that
 5 years is adequate for the following reasons:</span></span><o:p></o:p></p>
<p class="MsoListParagraph" style="text-indent:-.25in"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">-</span></span><span class="size"><span style="font-size:7.0pt;color:#1F497D">       
</span></span><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">Every year that additional funds are added to the Reserve Fund means that ICANN is at less risk than the previous one i.e. the situation gets progressively
 de-risked each year</span></span><o:p></o:p></p>
<p class="MsoListParagraph" style="text-indent:-.25in"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">-</span></span><span class="size"><span style="font-size:7.0pt;color:#1F497D">       
</span></span><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">Going faster than 5 years will place more demand on the funder (most likely ICANN Org) and therefore remove funds available to ICANN Org and / or
 the broader community</span></span><o:p></o:p></p>
<p class="MsoListParagraph" style="text-indent:-.25in"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">-</span></span><span class="size"><span style="font-size:7.0pt;color:#1F497D">       
</span></span><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">It is far from clear that a 12 month Reserve Fund (of the full 2018/2018 budget) is required i.e. if ICANN goes into Reserve Fund mode, many non-essential
 items will be cut and the actual quantum will be lower</span></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"> </span></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">Our preference, therefore, is to maintain the original language in the Council response:
 The GNSO Council supports the proposed replenishment period which would see the Reserve Fund brought to the agreed target level in five or less years.</span></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"> </span></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">Thanks again</span></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"> </span></span><o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="size"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">From:</span></b></span><span class="size"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">
 council [<a href="mailto:council-bounces@gnso.icann.org">mailto:council-bounces@gnso.icann.org</a>]
<b>On Behalf Of </b>Ayden Férdeline</span></span><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><br>
<span class="size"><b>Sent:</b> Wednesday, April 18, 2018 5:00 AM</span><br>
<span class="size"><b>To:</b> GNSO Council List <<a href="mailto:council@gnso.icann.org">council@gnso.icann.org</a>></span><br>
<span class="size"><b>Subject:</b> [EXTERNAL] Re: [council] SCBO Proposed Comment on Reserve Fund Replenishment</span></span><o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Dear all,<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Just a friendly reminder that the deadline for the submission of comments on the proposed Reserve Fund replenishment strategy is next Wednesday, 25 April.<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">If you have any concerns or requested edits regarding the submission of the attached document on behalf of the Council, could you please indicate so in the coming days, and I will
 work with the Council's Standing Committee on Budget and Operations to resolve them.<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Please note, the attachment has not changed from the email sent to you last week, however there is currently one unresolved comment in the document, being the desired replenishment
 timeframe. The current proposal is for "five or less years" (which was the language suggested by ICANN org), however a representative of the Business Constituency within the SCBO has asked that this be changed to "three to five years." We would like to defer
 to the Council to determine which language is most appropriate.<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Thank you very much.<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Best wishes,<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Ayden Férdeline <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span class="font"><span style="font-family:"Cambria Math",serif">‐‐‐‐‐‐‐</span></span> Original Message
<span class="font"><span style="font-family:"Cambria Math",serif">‐‐‐‐‐‐‐</span></span><o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">On 11 April 2018 11:30 PM, Ayden Férdeline <<a href="mailto:icann@ferdeline.com">icann@ferdeline.com</a>> wrote:<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Dear all,<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">On behalf of the Standing Committee on ICANN Budget and Operations (SCBO), please find attached a statement that we have prepared in relation to ICANN's proposed Reserve Fund replenishment
 strategy.<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">We are seeking to submit this comment on behalf of the Council on 25 April, absent any objections from a member of the Council. Could you please evaluate the attached document and
 advise if you have any questions, concerns, or requested edits? Thank you.<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Please note, there is currently one unresolved comment in the document, being the desired replenishment timeframe. The current proposal is for "five or less years" (which was the
 language suggested by ICANN org), however a representative of the Business Constituency within the SCBO has asked that this be changed to "three to five years." We would like to defer to the Council to determine which language is most appropriate. Thank you.<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Best wishes,<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Ayden Férdeline <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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