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<p class="MsoNormal"><span style="color:#1F497D">Thanks Jonathan. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="color:#1F497D">In Section 7.6.3 of the Bylaws (see redline version), why was this sentence deleted: “</span><span style="font-size:12.0pt;font-family:"Times-Roman","serif";color:red">Upon request,
the </span><span style="font-size:12.0pt;font-family:"Times-Roman","serif";color:green">Secretary shall
</span><span style="font-size:12.0pt;font-family:"Times-Roman","serif";color:red">exhibit
</span><span style="font-size:12.0pt;font-family:"Times-Roman","serif";color:green">or cause to be
</span><span style="font-size:12.0pt;font-family:"Times-Roman","serif";color:red">exhibited at all reasonable times to any Director</span><span style="font-size:12.0pt;font-family:"Times-Roman","serif";color:green">, or to
</span><span style="font-size:12.0pt;font-family:"Times-Roman","serif";color:red">his or her agent or attorney, these Bylaws and the minute book.</span><span style="color:#1F497D">”<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="color:#1F497D">Similarly, in Section 7.6.4 of the Bylaws (see redline version), why was the end of the following sentence deleted: “</span><span style="font-size:12.0pt;font-family:"Times-Roman","serif";color:black">The
treasurer of the Corporation (the “</span><b><span style="font-size:12.0pt;font-family:Times-Bold;color:black">Treasurer</span></b><span style="font-size:12.0pt;font-family:"Times-Roman","serif";color:black">”) shall (a) keep and maintain, or cause to be kept
and maintained, adequate and correct books and records of accounts of the properties and transactions of the Corporation
</span><s><span style="font-size:12.0pt;font-family:"Times-Roman","serif";color:red">(</span></s><s><span style="font-size:12.0pt;font-family:"Times-Roman","serif";color:green">which shall
</span></s><s><span style="font-size:12.0pt;font-family:"Times-Roman","serif";color:red">be open to inspection by any Director at any reasonable time)</span></s><span style="font-size:12.0pt;font-family:"Times-Roman","serif";color:red"> . . .</span><span style="color:#1F497D">”<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="color:#1F497D">Chuck<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif""> cwg-stewardship-bounces@icann.org [mailto:cwg-stewardship-bounces@icann.org]
<b>On Behalf Of </b>Jonathan Robinson<br>
<b>Sent:</b> Wednesday, May 25, 2016 6:07 AM<br>
<b>To:</b> cwg-stewardship@icann.org<br>
<b>Subject:</b> [CWG-Stewardship] FW: [client com] FW: PTI Articles and Bylaws<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span lang="EN-IE" style="color:#1F497D">All,<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-IE" style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span lang="EN-IE" style="color:#1F497D">Please be aware of the latest feedback / input from Sidley on the PTI formation documents.<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-IE" style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span lang="EN-IE" style="color:#1F497D">Jonathan<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-IE" style="color:#1F497D">(on behalf of the Client Committee)<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-IE" style="color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b>From:</b> Flanagan, Sharon [mailto:sflanagan@sidley.com] <br>
<b>Sent:</b> 24 May 2016 07:51<br>
<b>To:</b> Client Committee <cwg-client@icann.org><br>
<b>Subject:</b> [client com] FW: PTI Articles and Bylaws<o:p></o:p></p>
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<p class="MsoNormal"><span lang="EN-IE"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Dear Client Committee,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Attached are our comments to the draft PTI articles and bylaws (redlines are marked against ICANN legal drafts). Please note that we have flagged items for CWG consideration in the notes.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Best regards,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Sharon<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">SHARON R. FLANAGAN</span></b><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#1F497D"><br>
<br>
<br>
<b>SIDLEY AUSTIN LLP<br>
</b>+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>
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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D"> </span><o:p></o:p></p>
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