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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,sans-serif;color:#1F497D">I find the statement about &#8220;Separation Costs&#8221; below to be very strange. If there is a separation process and it results in separation, PTI is &#8220;fired&#8221; and no one
 covers its expenses. It goes out of business. ICANN contracts with someone else. For that reason, I agree in principle with RySG concept of earmarked or set-side funds for the IFO regardless of who it is. Stephanie, is there something about this statement
 I did not understand correctly? <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,sans-serif;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><a name="_MailEndCompose"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,sans-serif;color:#1F497D"><o:p>&nbsp;</o:p></span></a></p>
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<b><span style="font-size:9.0pt;font-family:&quot;Arial&quot;,sans-serif;color:black">Separation Costs:
</span></b><span style="font-size:9.0pt;font-family:&quot;Arial&quot;,sans-serif;color:black">Some comments dealt with concerns about how IANA expenses would be covered following a separation process. DT-N supports this recommendation. We look to the full CWG for a determination
 on where this issue is best resolved (DT N, DT L, DT O or full CWG).<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;vertical-align:baseline"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,sans-serif;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;vertical-align:baseline"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,sans-serif;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
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