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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">Milton, I&#8217;m not sure I see how granting the IANA functions operator rights while they carry out the contract undermines the model.&nbsp; They are a corporate affiliate
 with the right to use.&nbsp; When (if) they are deemed to be unsatisfactory and need to be replaced, adding the extra hurdle of recovering the various rights (the registries, processes, data &amp; know-how, which should include stuff that they have developed during
 their tenure as PTI) for transfer to the new IANA functions operator.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">MB<o:p></o:p></span></p>
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<p class="MsoNormal"><b><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">From:</span></b><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;"> cwg-stewardship-bounces@icann.org [mailto:cwg-stewardship-bounces@icann.org]
<b>On Behalf Of </b>Milton L Mueller<br>
<b>Sent:</b> 08 June 2015 16:28<br>
<b>To:</b> 'jrobinson@afilias.info'; 'Gomes, Chuck'; 'Grace Abuhamad'; 'cwg-stewardship@icann.org'<br>
<b>Subject:</b> Re: [CWG-Stewardship] Transition Proposal v.3 -- Edits due on Sunday at 23:59 UTC<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">I support many of the edits/changes that Jonathan proposed, but would highlight in particular this one:
<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p class="MsoListParagraph" style="text-indent:-18.0pt"><span lang="EN-US" style="font-size:11.0pt;font-family:Symbol;color:#1F497D">·</span><span lang="EN-US" style="font-size:7.0pt;color:#1F497D">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">Paragraph 112 (PTI board) replace the word &#8220;could&#8221; with &#8220;must&#8221;<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">Also, in same paragraph delete the phrase &#8220;</span><span lang="EN-US">(who may or may not be members of the ICANN Board)&#8221;.
</span><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">As noted during the phone conversations, some of us do not consider ICANN board members to be independent enough, but others may not agree. So I suggest not mentioning it
 specifically. &nbsp;<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F4E79"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">Para 116: Chuck notes that something is missing or awkward about this phrase in
<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US">the changing relationship post-IANA Stewardship Transition
<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F4E79"><o:p>&nbsp;</o:p></span></p>
<p class="MsoListParagraph" style="text-indent:-18.0pt"><span lang="EN-US" style="font-size:11.0pt;font-family:Symbol;color:#1F4E79">·</span><span lang="EN-US" style="font-size:7.0pt;color:#1F4E79">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">&#8230;it should be &#8220;the changing relationship between IANA and ICANN.&#8221;<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F4E79"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">Referring to comments by Andrew Sullivan I agree that the removal of the word &#8220;naming&#8221; from
</span><span lang="EN-US">¶406 (Annex L) </span><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">would be a mistake. Although we want all the current IANA functions, resources and staff to be transferred to PTI, the separation
 process described in Annex L would ONLY apply to the naming related functions. <o:p>
</o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F4E79"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">In that vein, I would have real trouble with Martin&#8217;s suggestion that in
</span><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">Paragraph 108 that &#8220;it [would] be easier to grant the PTI rights to use while keeping these under the rights of ICANN?&#8221; This undermines the whole PTI model, which was to
 create a separate corporate affiliate, not a mere &#8220;right to use&#8221; relationship. I don&#8217;t think we should be fiddling with fundamental elements of the model at this point.
<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-left:5.25pt"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">--MM<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F4E79"><o:p>&nbsp;</o:p></span></p>
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<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
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<p class="MsoNormal"><b><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">From:</span></b><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">
<a href="mailto:cwg-stewardship-bounces@icann.org">cwg-stewardship-bounces@icann.org</a> [<a href="mailto:cwg-stewardship-bounces@icann.org">mailto:cwg-stewardship-bounces@icann.org</a>]
<b>On Behalf Of </b>Jonathan Robinson<br>
<b>Sent:</b> Sunday, June 7, 2015 5:58 PM<br>
<b>To:</b> 'Gomes, Chuck'; 'Grace Abuhamad'; <a href="mailto:cwg-stewardship@icann.org">
cwg-stewardship@icann.org</a><br>
<b>Subject:</b> Re: [CWG-Stewardship] Transition Proposal v.3 -- Edits due on Sunday at 23:59 UTC<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">I chose to layer my edits onto Chuck&#8217;s redline.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">That way, staff have a single document that contains both.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">I trust that this is helpful.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">Thank you to everyone for hard work and a comprehensive proposal which &nbsp;has emerged.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">Jonathan<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
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<p class="MsoNormal"><b><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">From:</span></b><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;"> Gomes, Chuck [</span><span lang="EN-US"><a href="mailto:cgomes@verisign.com"><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">mailto:cgomes@verisign.com</span></a></span><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">]
<br>
<b>Sent:</b> 06 June 2015 01:15<br>
<b>To:</b> Grace Abuhamad; </span><span lang="EN-US"><a href="mailto:cwg-stewardship@icann.org"><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">cwg-stewardship@icann.org</span></a></span><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;"><br>
<b>Subject:</b> Re: [CWG-Stewardship] Transition Proposal v.3 -- Edits due on Sunday at 23:59 UTC<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">My input on Proposal v.3 is highlighted in the attached file.&nbsp; Note in all cases where I suggested edits I also entered a comment except in one
 footnote where I made a very minor edit and Word wouldn&#8217;t let me insert a comment.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D">Chuck<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-size:11.0pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:#1F497D"><o:p>&nbsp;</o:p></span></p>
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<p class="MsoNormal"><b><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">From:</span></b><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">
</span><span lang="EN-US"><a href="mailto:cwg-stewardship-bounces@icann.org"><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">cwg-stewardship-bounces@icann.org</span></a></span><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">
 [</span><span lang="EN-US"><a href="mailto:cwg-stewardship-bounces@icann.org"><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">mailto:cwg-stewardship-bounces@icann.org</span></a></span><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">]
<b>On Behalf Of </b>Grace Abuhamad<br>
<b>Sent:</b> Friday, June 05, 2015 12:07 AM<br>
<b>To:</b> </span><span lang="EN-US"><a href="mailto:cwg-stewardship@icann.org"><span style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;">cwg-stewardship@icann.org</span></a></span><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Tahoma&quot;,&quot;sans-serif&quot;"><br>
<b>Subject:</b> [CWG-Stewardship] Transition Proposal v.3 -- Edits due on Sunday at 23:59 UTC<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:black">Dear all,&nbsp;<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:black"><o:p>&nbsp;</o:p></span></p>
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<p class="MsoNormal"><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:black">Attached is the updated proposal. This version includes the edits listed below.
</span><b><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:red">Your comments are requested and welcome until Sunday 23:59 UTC.</span></b><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:black">
 If you don&#8217;t have time to read the whole proposal, I&#8217;ve highlighted specific areas in the document that require feedback.&nbsp;<o:p></o:p></span></p>
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<p class="MsoNormal"><b><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:black">Areas that require feedback</span></b><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:black">:&nbsp;<o:p></o:p></span></p>
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<span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">Paragraph 164 (p.32): needs text<o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l2 level1 lfo1">
<span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">Paragraph 172 (p.34): DT-F to confirm edit<o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l2 level1 lfo1">
<span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">Section IV edits should be reviewed by CWG (Andrew perhaps?)<o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l2 level1 lfo1">
<span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">Section VI edits should be reviewed by CWG (Avri perhaps?)&nbsp;<o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l2 level1 lfo1">
<span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">Footnote (p.65): DT-N to respond to Sidley about status of footnote<o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l2 level1 lfo1">
<span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">Page 73: DT-C to confirm response to Sidley comment<o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l2 level1 lfo1">
<span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">Page 80: DT-M to review footnote<o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l2 level1 lfo1">
<span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">Page 81: DT-M/DT-C to comment on Sidley note&nbsp;<o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l2 level1 lfo1">
<span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">Paragraph 389 (p.92): DT-N/SR/X to define &#8220;Review Team Liaison&#8221; per Sidley&#8217;s comment<o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l2 level1 lfo1">
<span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">Page 111 &amp; 112: Bernard to address Sidley comments<o:p></o:p></span></li></ul>
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<p class="MsoNormal"><b><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:black">Edits included in version 3</span></b><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:black">:&nbsp;<o:p></o:p></span></p>
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<span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">All the comments &amp; edits from Greg, Avri, Sidley, Lise and Andrew.&nbsp;<o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l3 level1 lfo2">
<span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;">The following items from today&#8217;s call:&nbsp;<o:p></o:p></span></li></ul>
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<span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Paragraph
<span style="background:white">123 has been reviewed to&nbsp;be&nbsp;internally&nbsp;consistent&nbsp;</span></span><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;"><o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level2 lfo3">
<span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Paragraph&nbsp;<span style="background:white">141:&nbsp;adjusted text around CCWG-Accountability structure</span></span><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;"><o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level2 lfo3">
<span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Paragraph<span style="background:white">&nbsp;167:&nbsp;removed sentence&nbsp;</span></span><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;"><o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level2 lfo3">
<span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;background:white">Paragraph&nbsp;170:&nbsp;Removed the&nbsp;word&nbsp;&#8220;multistakholder&quot; and&nbsp;use&nbsp;'customer-based' instead)</span><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;"><o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level2 lfo3">
<span lang="EN-US" style="font-size:7.0pt;background:white">&nbsp;</span><span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;background:white">Added footnote&nbsp;to&nbsp;paragraph&nbsp;169&nbsp;about&nbsp;.INT&nbsp;(footnote&nbsp;is&nbsp;also in&nbsp;Annex&nbsp;to&nbsp;section&nbsp;II)</span><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;"><o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level2 lfo3">
<span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;;background:white">Paragraph&nbsp;275: fixed composition&nbsp;of&nbsp;IFRT (and also fixed this in SCWG composition)</span><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;"><o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l1 level2 lfo3">
<span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Annex&nbsp;S:
<span style="background:white">Added disclaimer about term sheet</span></span><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;"><o:p></o:p></span></li></ul>
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<span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">DT C Charter updates (see Section III and Annex G)</span><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;"><o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l0 level1 lfo4">
<span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Section IV edits</span><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;"><o:p></o:p></span></li><li class="MsoNormal" style="color:black;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l0 level1 lfo4">
<span lang="EN-US" style="font-size:10.0pt;font-family:&quot;Arial&quot;,&quot;sans-serif&quot;">Section VI edits</span><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;"><o:p></o:p></span></li></ul>
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<p class="MsoNormal"><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:black">As you know, we had a technical glitch with document versions right before the call yesterday. In recovering the version, there were a lot of formatting
 changes that had to be done. I have attached version 2.5 (the in-between version) so that you have it,
<b>but please note that version 3 is the version to work off of.</b> &nbsp;There are still lots of formatting fixes in version 3, but we will work on these over the weekend and on Monday.&nbsp;<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:black">We are almost there!<o:p></o:p></span></p>
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<p class="MsoNormal"><span lang="EN-US" style="font-size:10.5pt;font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;;color:black">Grace<o:p></o:p></span></p>
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