<html><head></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; color: rgb(0, 0, 0); font-size: 14px; font-family: Calibri, sans-serif;"><div>Dear all, </div><div>This legal input was sent to the Client Committee earlier today. </div><div>Best, </div><div>Grace</div><div><br></div><span id="OLK_SRC_BODY_SECTION"><div style="font-family:Calibri; font-size:11pt; text-align:left; color:black; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #b5c4df 1pt solid; BORDER-RIGHT: medium none; PADDING-TOP: 3pt"><span style="font-weight:bold">From: </span> <<a href="mailto:cwg-client-bounces@icann.org">cwg-client-bounces@icann.org</a>> on behalf of Sharon Flanagan <<a href="mailto:sflanagan@sidley.com">sflanagan@sidley.com</a>><br><span style="font-weight:bold">Date: </span> Wednesday, August 5, 2015 at 12:05 AM<br><span style="font-weight:bold">To: </span> Client Committee <<a href="mailto:cwg-client@icann.org">cwg-client@icann.org</a>><br><span style="font-weight:bold">Subject: </span> [client com] IPR Memo<br></div><div><br></div><div xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><!-- Template generated by Exclaimer Mail Disclaimers on 11:05:55 Tuesday, 4 August 2015 --><meta http-equiv="Content-Type" content="text/html; charset=utf-8"><style type="text/css">P.031db9fc-ed3a-4508-a4a8-419ac434cf70 {
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</o:shapelayout></xml><![endif]--><div lang="EN-US" link="blue" vlink="purple"><p class="031db9fc-ed3a-4508-a4a8-419ac434cf70"></p><div class="WordSection1"><p class="MsoNormal"><span style="font-family: Arial, sans-serif; color: rgb(31, 73, 125);">Dear All,<o:p></o:p></span></p><p class="MsoNormal"><span style="font-family: Arial, sans-serif; color: rgb(31, 73, 125);"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-family: Arial, sans-serif; color: rgb(31, 73, 125);">Attached is a memo on the IPR issue under the three ownership structures. Please let us know if you have any questions or would like to discuss.<o:p></o:p></span></p><p class="MsoNormal"><span style="font-family: Arial, sans-serif; color: rgb(31, 73, 125);"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-family: Arial, sans-serif; color: rgb(31, 73, 125);">Best regards,<o:p></o:p></span></p><p class="MsoNormal"><span style="font-family: Arial, sans-serif; color: rgb(31, 73, 125);"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-family: Arial, sans-serif; color: rgb(31, 73, 125);">Holly, Josh and Sharon<o:p></o:p></span></p><p class="MsoNormal"><span style="font-family: Arial, sans-serif; color: rgb(31, 73, 125);"><o:p> </o:p></span></p><div><p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b><span style="font-size: 10pt; font-family: Arial, sans-serif; color: rgb(31, 73, 125);">SHARON</span></b><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(31, 73, 125);"> </span><b><span style="font-size: 10pt; font-family: Arial, sans-serif; color: rgb(31, 73, 125);">FLANAGAN</span></b><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(31, 73, 125);"><br>
Partner<br><br></span><b><span style="font-size: 10pt; font-family: Arial, sans-serif; color: rgb(31, 73, 125);">Sidley Austin LLP</span></b><b><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(31, 73, 125);"><br></span></b><span style="font-size: 9pt; font-family: Arial, sans-serif; color: rgb(31, 73, 125);">+1.415.772.1271<br><a href="mailto:sflanagan@sidley.com" title="Click to send email to Flanagan, Sharon">sflanagan@sidley.com</a><o:p></o:p></span></p></div><p class="MsoNormal"><o:p> </o:p></p><p class="MsoNormal"><o:p> </o:p></p></div><p></p><p class="031db9fc-ed3a-4508-a4a8-419ac434cf70"> </p><p>****************************************************************************************************<br>
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