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<p class="MsoNormal"><a name="_MailEndCompose"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">I still think what you have is over-engineered and that this is not really such a problem that needs solving. I also think that restricting the applicant
from transferring based on indefinite standards like “legitimate” or “in the ordinary course” can only cause problems as undoubtedly there will be some non-gaming reason that an applicant who received support will want to assign and that the restrictions will
cause dispute and confusion especially as new gTLDs are supposedly so innovative and different than anything before. I think the better and more effective approach here and with most things in the application process is to just remove the incentive for “gaming”.
It should hopefully be apparent to all by now that if f you don’t remove the incentives for bad or disfavored behavior and just try to prohibit it using indefinite standards that the very smart people in this industry will find a way to get around the prohibition,
which is further exacerbated by a practically non-existent ICANN compliance function.<o:p></o:p></span></a></p>
<p class="MsoNormal"><span style="mso-bookmark:_MailEndCompose"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></span></p>
<p class="MsoNormal"><span style="mso-bookmark:_MailEndCompose"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Accordingly, I would propose the following.<o:p></o:p></span></span></p>
<p class="MsoNormal"><span style="mso-bookmark:_MailEndCompose"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></span></p>
<p class="MsoNormal" style="margin-left:.5in"><span style="mso-bookmark:_MailEndCompose"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">To disincentivize “gaming” of the applicant support program by applicants who are applying on behalf of
third parties, or with the intent to immediately transfer ownership to third parties, applicants who receive financial support through the ASP Program will not be permitted to assign the relevant Registry Agreement within the first five (5) years of execution
of the Registry Agreement unless they repay the repay the full amount of financial support received through the ASP Program plus an additional ten percent (10%).<o:p></o:p></span></span></p>
<p class="MsoNormal"><span style="mso-bookmark:_MailEndCompose"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></span></p>
<p class="MsoNormal"><span style="mso-bookmark:_MailEndCompose"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Best regards,<o:p></o:p></span></span></p>
<p class="MsoNormal"><span style="mso-bookmark:_MailEndCompose"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></span></p>
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<p class="MsoNormal"><span style="mso-bookmark:_MailEndCompose"><b><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:#003359">Marc H. Trachtenberg</span></b></span><span style="mso-bookmark:_MailEndCompose"><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black"><br>
Shareholder </span></span><span style="mso-bookmark:_MailEndCompose"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><br>
</span></span><span style="mso-bookmark:_MailEndCompose"><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black">Greenberg Traurig, LLP | 77 West Wacker Drive | Suite 3100 | Chicago, IL 60601<br>
Tel 312.456.1020 <o:p></o:p></span></span></p>
<p class="MsoNormal"><span style="mso-bookmark:_MailEndCompose"><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black">Mobile 773.677.3305<o:p></o:p></span></span></p>
<p class="MsoNormal"><span style="mso-bookmark:_MailEndCompose"></span><a href="mailto:trac@gtlaw.com"><span style="mso-bookmark:_MailEndCompose"><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif">trac@gtlaw.com</span></span><span style="mso-bookmark:_MailEndCompose"></span></a><span style="mso-bookmark:_MailEndCompose"><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black">
| </span></span><a href="http://www.gtlaw.com/"><span style="mso-bookmark:_MailEndCompose"><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:#003359">www.gtlaw.com</span></span><span style="mso-bookmark:_MailEndCompose"></span></a><span style="mso-bookmark:_MailEndCompose"><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black">
<o:p></o:p></span></span></p>
<p class="MsoNormal"><span style="mso-bookmark:_MailEndCompose"><span style="font-family:"Calibri",sans-serif;color:#1F497D"><o:p> </o:p></span></span></p>
<p class="MsoNormal"><span style="mso-bookmark:_MailEndCompose"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><img border="0" width="185" height="30" style="width:1.927in;height:.3125in" id="_x0000_i1036" src="cid:image001.jpg@01D63E58.8F9FD870" alt="Greenberg Traurig"><o:p></o:p></span></span></p>
</div>
<p class="MsoNormal"><span style="mso-bookmark:_MailEndCompose"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></span></p>
<span style="mso-bookmark:_MailEndCompose"></span>
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<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"> Jeff Neuman [mailto:jeff.neuman@comlaude.com]
<br>
<b>Sent:</b> Tuesday, June 9, 2020 9:54 AM<br>
<b>To:</b> Trachtenberg, Marc H. (Shld-Chi-IP-Tech) <trachtenbergm@gtlaw.com>; AAikman@lrrc.com; mike@rodenbaugh.com<br>
<b>Cc:</b> gnso-newgtld-wg@icann.org<br>
<b>Subject:</b> RE: [Gnso-newgtld-wg] proposed Language for those Getting Applicant Support<o:p></o:p></span></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Thanks Marc. I have tried to work your language in.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Re: Highlighted language: How do we word allowing assignments/change of control through the normal course of business (changing corporate entities, death or retirement of
owners, etc.). If we just use the standard, you can assign to parents or subs, then that will allow reverse triangular mergers which gets around the whole no assignment/change of control rules.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><i><span style="color:#548235">“If the Applicant getting Applicant Support prevails in an auction, there should be restrictions placed on the Applicant from assigning the Registry
Agreement, and/or from any Change of Control for a period of no less than </span>
<span style="color:#0070C0">three (3) years</span><span style="color:#548235">. This restriction is in place to prevent gaming of the applicant support program whereby an applicant immediately transfers its ownership of a registry to a third party in exchange
for any form of financial gain. <span style="background:yellow;mso-highlight:yellow">
However, legitimate assignments (e.g., changing of ownership due to death or retirement, etc., assignments to subsidiaries, etc.)
</span></span><u><span style="color:#0070C0;background:yellow;mso-highlight:yellow">shall be permitted</span></u><span style="color:#548235">. All assignments
</span><span style="color:#0070C0">after such time shall be governed under the then-current Registry Agreement standard provisions; provided that any Assignment or Change of Control after the third year, but prior to the seventh (7<sup>th</sup>) year, shall
require the applicant to repay the full amount of financial support received through the ASP Program plus an additional ten percent (10%).
</span></i><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<div>
<p class="MsoNormal"><b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Jeff Neuman</span></b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Senior Vice President <o:p></o:p></span></p>
<p class="MsoNormal"><b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Com Laude | Valideus</span></b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">D: +1.703.635.7514<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">E:
</span><u><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#0563C1"><a href="mailto:jeff.neuman@comlaude.com">jeff.neuman@comlaude.com</a><o:p></o:p></span></u></p>
</div>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
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<div style="border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in">
<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">
<a href="mailto:trachtenbergm@gtlaw.com">trachtenbergm@gtlaw.com</a> <<a href="mailto:trachtenbergm@gtlaw.com">trachtenbergm@gtlaw.com</a>>
<br>
<b>Sent:</b> Tuesday, June 9, 2020 10:18 AM<br>
<b>To:</b> Jeff Neuman <<a href="mailto:jeff.neuman@comlaude.com">jeff.neuman@comlaude.com</a>>;
<a href="mailto:AAikman@lrrc.com">AAikman@lrrc.com</a>; <a href="mailto:mike@rodenbaugh.com">
mike@rodenbaugh.com</a><br>
<b>Cc:</b> <a href="mailto:gnso-newgtld-wg@icann.org">gnso-newgtld-wg@icann.org</a><br>
<b>Subject:</b> RE: [Gnso-newgtld-wg] proposed Language for those Getting Applicant Support<o:p></o:p></span></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Personally I think that this is a bit of “tilting at windmills” and that if people want to “game” in this way then they will find a way. Instead of trying to prevent this
gaming via indefinite standards that are subject to various reasonable interpretations and will almost certainly result in disputes, I think it would be better to reduce the prohibition on assignments to a shorter period like 2 or 3 years and then just make
the applicant pay back the money as a condition of assignment which mitigates any benefit that the applicant and/or assignee would get. You could even make the condition payment of the benefit received plus x% as a disincentive for such behavior that would
not prohibit all assignments.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<div>
<p class="MsoNormal"><b><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:#003359">Marc H. Trachtenberg</span></b><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black"><br>
Shareholder </span><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><br>
</span><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black">Greenberg Traurig, LLP | 77 West Wacker Drive | Suite 3100 | Chicago, IL 60601<br>
Tel 312.456.1020 <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black">Mobile 773.677.3305<o:p></o:p></span></p>
<p class="MsoNormal"><a href="mailto:trac@gtlaw.com"><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif">trac@gtlaw.com</span></a><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black"> |
</span><a href="http://www.gtlaw.com/"><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:#003359">www.gtlaw.com</span></a><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black">
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><img border="0" width="185" height="30" style="width:1.927in;height:.3125in" id="_x0000_i1025" src="cid:image001.jpg@01D63E58.8F9FD870" alt="Greenberg Traurig"><o:p></o:p></span></p>
</div>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
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<div style="border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in">
<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"> Jeff Neuman [<a href="mailto:jeff.neuman@comlaude.com">mailto:jeff.neuman@comlaude.com</a>]
<br>
<b>Sent:</b> Tuesday, June 9, 2020 8:51 AM<br>
<b>To:</b> Trachtenberg, Marc H. (Shld-Chi-IP-Tech) <<a href="mailto:trachtenbergm@gtlaw.com">trachtenbergm@gtlaw.com</a>>;
<a href="mailto:AAikman@lrrc.com">AAikman@lrrc.com</a>; <a href="mailto:mike@rodenbaugh.com">
mike@rodenbaugh.com</a><br>
<b>Cc:</b> <a href="mailto:gnso-newgtld-wg@icann.org">gnso-newgtld-wg@icann.org</a><br>
<b>Subject:</b> RE: [Gnso-newgtld-wg] proposed Language for those Getting Applicant Support<o:p></o:p></span></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Thanks Marc for the comments. This was designed to set forth the principles as opposed to being the contract language, but your points are well made.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><br>
The context of this discussion is that some are worried that an applicant who gets applicant support (which may include a bid credit or multiplier in an auction) get the registry and flip it for financial gain to game the system. That is why the group wanted
to prohibit assignment for a period of time. In the scheme of things, 5 years after a registry signs an agreement is not that long of a period, especially if you assume that most registries will likely not launch until 6 months to a year after they sign.
However, as you note, there are some assignments/change of control that may be necessary and not intended to “game the system” (hence the term legitimate, but understand you concerns about that term).
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Do you have some alternative language that would work in this case that achieves what we are trying to achieve?
<br>
<br>
Thanks.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<div>
<p class="MsoNormal"><b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Jeff Neuman</span></b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Senior Vice President <o:p></o:p></span></p>
<p class="MsoNormal"><b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Com Laude | Valideus</span></b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">D: +1.703.635.7514<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">E:
</span><u><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#0563C1"><a href="mailto:jeff.neuman@comlaude.com">jeff.neuman@comlaude.com</a><o:p></o:p></span></u></p>
</div>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
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<div style="border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in">
<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">
<a href="mailto:trachtenbergm@gtlaw.com">trachtenbergm@gtlaw.com</a> <<a href="mailto:trachtenbergm@gtlaw.com">trachtenbergm@gtlaw.com</a>>
<br>
<b>Sent:</b> Tuesday, June 9, 2020 8:53 AM<br>
<b>To:</b> Jeff Neuman <<a href="mailto:jeff.neuman@comlaude.com">jeff.neuman@comlaude.com</a>>;
<a href="mailto:AAikman@lrrc.com">AAikman@lrrc.com</a>; <a href="mailto:mike@rodenbaugh.com">
mike@rodenbaugh.com</a><br>
<b>Cc:</b> <a href="mailto:gnso-newgtld-wg@icann.org">gnso-newgtld-wg@icann.org</a><br>
<b>Subject:</b> RE: [Gnso-newgtld-wg] proposed Language for those Getting Applicant Support<o:p></o:p></span></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Sorry to be late to the party on this one. I echo Mike’s concerns that 5 years is a long time. Additionally, I am concerned with the use of “legitimate”. I understand the
intent and the examples are helpful, but words like “legitimate” are almost certain to be disputed later. Also, there is no exchange that would involve financial gain (another term open to interpretation) which could be “legitimate”? And what about situations
where the registry will otherwise fail if the RO does not sell? The RO should instead fail and the TLD should go through the ICANN process – this is a better outcome? I am also concerned with giving ICANN the ability to “reasonably” withhold its consent
to an assignment. ICANN does not always act reasonably and when ICANN even arguably has discretion to make decisions things don’t always turn out so well…<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<div>
<p class="MsoNormal"><b><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:#003359">Marc H. Trachtenberg</span></b><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black"><br>
Shareholder </span><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><br>
</span><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black">Greenberg Traurig, LLP | 77 West Wacker Drive | Suite 3100 | Chicago, IL 60601<br>
Tel 312.456.1020 <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black">Mobile 773.677.3305<o:p></o:p></span></p>
<p class="MsoNormal"><a href="mailto:trac@gtlaw.com"><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif">trac@gtlaw.com</span></a><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black"> |
</span><a href="http://www.gtlaw.com/"><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:#003359">www.gtlaw.com</span></a><span style="font-size:8.0pt;font-family:"Trebuchet MS",sans-serif;color:black">
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><img border="0" width="185" height="30" style="width:1.927in;height:.3125in" id="Picture_x0020_1" src="cid:image001.jpg@01D63E58.8F9FD870" alt="Greenberg Traurig"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
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<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"> Gnso-newgtld-wg [<a href="mailto:gnso-newgtld-wg-bounces@icann.org">mailto:gnso-newgtld-wg-bounces@icann.org</a>]
<b>On Behalf Of </b>Jeff Neuman<br>
<b>Sent:</b> Tuesday, June 9, 2020 7:40 AM<br>
<b>To:</b> Aikman-Scalese, Anne <<a href="mailto:AAikman@lrrc.com">AAikman@lrrc.com</a>>; Mike Rodenbaugh <<a href="mailto:mike@rodenbaugh.com">mike@rodenbaugh.com</a>><br>
<b>Cc:</b> <a href="mailto:gnso-newgtld-wg@icann.org">gnso-newgtld-wg@icann.org</a><br>
<b>Subject:</b> Re: [Gnso-newgtld-wg] proposed Language for those Getting Applicant Support<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#0E0E3F">*EXTERNAL TO GT*</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Thanks Anne, you are correct that the However, sentence is not complete. So, please find the rest of the sentence:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><i><span style="color:#548235">“If the Applicant getting Applicant Support prevails in an auction, there should be restrictions placed on the Applicant from assigning the Registry
Agreement, and/or from any Change of Control for a period of no less than five (5) years. This restriction is in place to prevent gaming of the applicant support program whereby an applicant immediately transfers its ownership of a registry to a third party
in exchange for any form of financial gain. However, legitimate assignments (e.g., changing of ownership due to death or retirement, etc., assignments to subsidiaries, etc.)
</span><u><span style="color:#0070C0">shall be permitted</span></u><span style="color:#548235">. All assignments must have ICANN's consent, which consent may be reasonably withheld. In the event of a change of control after the first five (5) years but during
the remaining first term of the registry agreement, the applicant should be required to repay the financial support that they received.”</span></i><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<div>
<p class="MsoNormal"><b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Jeff Neuman</span></b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Senior Vice President <o:p></o:p></span></p>
<p class="MsoNormal"><b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Com Laude | Valideus</span></b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black"><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">D: +1.703.635.7514<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">E:
</span><u><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#0563C1"><a href="mailto:jeff.neuman@comlaude.com">jeff.neuman@comlaude.com</a><o:p></o:p></span></u></p>
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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
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<div style="border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in">
<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"> Aikman-Scalese, Anne <<a href="mailto:AAikman@lrrc.com">AAikman@lrrc.com</a>>
<br>
<b>Sent:</b> Monday, June 8, 2020 3:17 PM<br>
<b>To:</b> Mike Rodenbaugh <<a href="mailto:mike@rodenbaugh.com">mike@rodenbaugh.com</a>>; Jeff Neuman <<a href="mailto:jeff.neuman@comlaude.com">jeff.neuman@comlaude.com</a>><br>
<b>Cc:</b> <a href="mailto:gnso-newgtld-wg@icann.org">gnso-newgtld-wg@icann.org</a><br>
<b>Subject:</b> RE: [Gnso-newgtld-wg] proposed Language for those Getting Applicant Support<o:p></o:p></span></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="color:#1F497D">I like the five years. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">The sentence that begins with “However” does not appear to be a complete sentence.<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">Why are we limiting the reimbursement provision to the second half of the contract?<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Thanks,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Anne<o:p></o:p></span></p>
<p class="MsoNormal"><span style="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"> Gnso-newgtld-wg <<a href="mailto:gnso-newgtld-wg-bounces@icann.org">gnso-newgtld-wg-bounces@icann.org</a>>
<b>On Behalf Of </b>Mike Rodenbaugh<br>
<b>Sent:</b> Monday, June 8, 2020 12:10 PM<br>
<b>To:</b> Jeff Neuman <<a href="mailto:jeff.neuman@comlaude.com">jeff.neuman@comlaude.com</a>><br>
<b>Cc:</b> <a href="mailto:gnso-newgtld-wg@icann.org">gnso-newgtld-wg@icann.org</a><br>
<b>Subject:</b> Re: [Gnso-newgtld-wg] proposed Language for those Getting Applicant Support<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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<div>
<p class="MsoNormal"><strong><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:black">[EXTERNAL]</span></strong><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:black"><o:p></o:p></span></p>
<div class="MsoNormal" align="center" style="text-align:center">
<hr size="1" width="100%" align="center">
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<p class="MsoNormal">Five years seems like an eternity. How about two or three, instead?<br clear="all">
<o:p></o:p></p>
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<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse">
<tbody>
<tr style="height:20.25pt">
<td rowspan="4" style="border:none;border-right:solid #00853D 1.0pt;padding:5.0pt 5.0pt 5.0pt 5.0pt;height:20.25pt;overflow:hidden">
<p align="center" style="margin:0in;margin-bottom:.0001pt;text-align:center"><span style="font-family:"Arial",sans-serif;color:black;border:none windowtext 1.0pt;padding:0in"><img border="0" width="159" height="95" style="width:1.6562in;height:.9895in" id="_x0000_i1028" src="https://lh4.googleusercontent.com/S_Oxvn9Vep0rF8IVyiOnDwA4LymtHrWirggIxlsU26JihhEYDv5A5D03ZY0k_npND2t8xfiWCdTM5NTO_LSZMksjO_UlJm5IAP3FEi5cw96AwIPgVzvoOfHIux_qNA26n5UuxvQZ" alt="Logo"></span><o:p></o:p></p>
</td>
<td colspan="2" valign="top" style="padding:5.0pt 5.0pt 5.0pt 5.0pt;height:20.25pt;overflow:hidden">
<p style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.05in;margin-bottom:.0001pt">
<b><span style="font-family:"Arial",sans-serif;color:#00853D">Mike Rodenbaugh</span></b><o:p></o:p></p>
</td>
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<tr style="height:.25in">
<td valign="top" style="padding:5.0pt 5.0pt 5.0pt 5.0pt;height:.25in;overflow:hidden">
<p style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.05in;margin-bottom:.0001pt">
<b><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#00853D">address:</span></b><o:p></o:p></p>
</td>
<td valign="top" style="padding:5.0pt 5.0pt 5.0pt 5.0pt;height:.25in;overflow:hidden">
<p style="margin:0in;margin-bottom:.0001pt"><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:black">548 Market Street, Box 55819</span><o:p></o:p></p>
<p style="margin:0in;margin-bottom:.0001pt"><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:black">San Francisco, CA 94104</span><o:p></o:p></p>
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<p style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.05in;margin-bottom:.0001pt">
<b><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#00853D">email:</span></b><o:p></o:p></p>
</td>
<td valign="top" style="padding:5.0pt 5.0pt 5.0pt 5.0pt;height:12.75pt;overflow:hidden">
<p style="margin:0in;margin-bottom:.0001pt"><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:black"><a href="mailto:mike@rodenbaugh.com" target="_blank">mike@rodenbaugh.com</a></span><o:p></o:p></p>
</td>
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<tr style="height:24.0pt">
<td valign="top" style="padding:5.0pt 5.0pt 5.0pt 5.0pt;height:24.0pt;overflow:hidden">
<p style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.05in;margin-bottom:.0001pt">
<b><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:#00853D">phone:</span></b><o:p></o:p></p>
</td>
<td valign="top" style="padding:5.0pt 5.0pt 5.0pt 5.0pt;height:24.0pt;overflow:hidden">
<p style="margin:0in;margin-bottom:.0001pt"><span style="font-size:9.5pt;font-family:"Arial",sans-serif;color:black">+1 (415) 738-8087</span><o:p></o:p></p>
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</table>
</div>
</div>
</div>
</div>
</div>
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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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<div>
<p class="MsoNormal">On Mon, Jun 8, 2020 at 11:43 AM Jeff Neuman <<a href="mailto:jeff.neuman@comlaude.com">jeff.neuman@comlaude.com</a>> wrote:<o:p></o:p></p>
</div>
<blockquote style="border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-top:5.0pt;margin-right:0in;margin-bottom:5.0pt">
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">All,<o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">On the call today, Susan raised a good point about applicants that get Applicant Support trying to “game the system” by immediately flipping their registries to a third party to
make a profit. Although we would hope that those that take the time to go through the Applicant Support Program (ASP) and get approved would alone demonstrate that this is unlikely to happen. The process to get support is supposed to be vigorous and try
to root out potential gaming. That said, I worked with Susan to draft the following language. Would this be acceptable as a Recommendation?<o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><i><span style="color:#548235">“If the Applicant getting Applicant Support prevails in an auction, there should be restrictions placed on the Applicant from assigning the Registry
Agreement, and/or from any Change of Control for a period of no less than five (5) years. This restriction is in place to prevent gaming of the applicant support program whereby an applicant immediately transfers its ownership of a registry to a third party
in exchange for any form of financial gain. However, legitimate assignments (e.g., changing of ownership due to death or retirement, etc., assignments to subsidiaries, etc.). All assignments must have ICANN's consent, which consent may be reasonably withheld.
In the event of a change of control after the first five (5) years but during the remaining first term of the registry agreement, the applicant should be required to repay the financial support that they received.”</span></i><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b>Note: We would add this to Agreements for all that get Applicant Support, not just those that prevail at an auction (with the multiplier or other form of bid credit).</b><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b> </b><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Discuss………..<o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Jeff Neuman</span></b><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Senior Vice President </span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black"> </span></b><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Com Laude | Valideus<br>
</span></b><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">1751 Pinnacle Drive
</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Suite 600, McLean</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">VA 22102, USA</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black"><br>
M: +1.202.549.5079</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">D: +1.703.635.7514</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">E:
</span><u><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#0563C1"><a href="mailto:jeff.neuman@comlaude.com" target="_blank">jeff.neuman@comlaude.com</a></span></u><span lang="EN-GB" style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black"><br>
<a href="https://urldefense.com/v3/__http:/www.comlaude.com/__;!!DUT_TFPxUQ!SL6RjS2ZZQgSKP5CBIHb-Koy3uavV1chqVtK6BauzhF6crrCnpgAVRdf1__vheYRBxI$" target="_blank">www.comlaude.com</a></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-GB" style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:black"><br>
<img border="0" width="223" height="41" style="width:2.3229in;height:.427in" id="gmail-m_-855275031277432108Picture_x0020_1" src="cid:image002.jpg@01D63E58.8F9FD870"></span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
</div>
<div class="MsoNormal" align="center" style="text-align:center">
<hr size="1" width="100%" align="center">
</div>
<p class="MsoNormal">The contents of this email and any attachments are confidential to the intended recipient. They may not be disclosed, used by or copied in any way by anyone other than the intended recipient. If you have received this message in error,
please return it to the sender (deleting the body of the email and attachments in your reply) and immediately and permanently delete it. Please note that the Com Laude Group does not accept any responsibility for viruses and it is your responsibility to scan
or otherwise check this email and any attachments. The Com Laude Group does not accept liability for statements which are clearly the sender's own and not made on behalf of the group or one of its member entities. The Com Laude Group includes Nom-IQ Limited
t/a Com Laude, a company registered in England and Wales with company number 5047655 and registered office at 28-30 Little Russell Street, London, WC1A 2HN England; Valideus Limited, a company registered in England and Wales with company number 06181291 and
registered office at 28-30 Little Russell Street, London, WC1A 2HN England; Demys Limited, a company registered in Scotland with company number SC197176, having its registered office at 33 Melville Street, Edinburgh, Lothian, EH3 7JF Scotland; Consonum, Inc.
dba Com Laude USA and Valideus USA, headquartered at 1751 Pinnacle Drive, Suite 600, McLean, VA 22102, USA; Com Laude (Japan) Corporation, a company registered in Japan having its registered office at Suite 319,1-3-21 Shinkawa, Chuo-ku, Tokyo, 104-0033, Japan.
For further information see <a href="https://urldefense.com/v3/__https:/comlaude.com__;!!DUT_TFPxUQ!SL6RjS2ZZQgSKP5CBIHb-Koy3uavV1chqVtK6BauzhF6crrCnpgAVRdf1__vzlbq_8Y$" target="_blank">
www.comlaude.com</a> <o:p></o:p></p>
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<p class="MsoNormal">_______________________________________________<br>
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This message and any attachments are intended only for the use of the individual or entity to which they are addressed. If the reader of this message or an attachment is not the intended recipient or the employee or agent responsible for delivering the message
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responsibility for viruses and it is your responsibility to scan or otherwise check this email and any attachments. The Com Laude Group does not accept liability for statements which are clearly the sender's own and not made on behalf of the group or one of
its member entities. The Com Laude Group includes Nom-IQ Limited t/a Com Laude, a company registered in England and Wales with company number 5047655 and registered office at 28-30 Little Russell Street, London, WC1A 2HN England; Valideus Limited, a company
registered in England and Wales with company number 06181291 and registered office at 28-30 Little Russell Street, London, WC1A 2HN England; Demys Limited, a company registered in Scotland with company number SC197176, having its registered office at 33 Melville
Street, Edinburgh, Lothian, EH3 7JF Scotland; Consonum, Inc. dba Com Laude USA and Valideus USA, headquartered at 1751 Pinnacle Drive, Suite 600, McLean, VA 22102, USA; Com Laude (Japan) Corporation, a company registered in Japan having its registered office
at Suite 319,1-3-21 Shinkawa, Chuo-ku, Tokyo, 104-0033, Japan. For further information see
<a href="https://urldefense.com/v3/__https:/comlaude.com__;!!DUT_TFPxUQ!SL6RjS2ZZQgSKP5CBIHb-Koy3uavV1chqVtK6BauzhF6crrCnpgAVRdf1__vzlbq_8Y$" target="_blank">
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intended recipient. If you have received this message in error, please return it to the sender (deleting the body of the email and attachments in your reply) and immediately and permanently delete it. Please note that the Com Laude Group does not accept any
responsibility for viruses and it is your responsibility to scan or otherwise check this email and any attachments. The Com Laude Group does not accept liability for statements which are clearly the sender's own and not made on behalf of the group or one of
its member entities. The Com Laude Group includes Nom-IQ Limited t/a Com Laude, a company registered in England and Wales with company number 5047655 and registered office at 28-30 Little Russell Street, London, WC1A 2HN England; Valideus Limited, a company
registered in England and Wales with company number 06181291 and registered office at 28-30 Little Russell Street, London, WC1A 2HN England; Demys Limited, a company registered in Scotland with company number SC197176, having its registered office at 33 Melville
Street, Edinburgh, Lothian, EH3 7JF Scotland; Consonum, Inc. dba Com Laude USA and Valideus USA, headquartered at 1751 Pinnacle Drive, Suite 600, McLean, VA 22102, USA; Com Laude (Japan) Corporation, a company registered in Japan having its registered office
at Suite 319,1-3-21 Shinkawa, Chuo-ku, Tokyo, 104-0033, Japan. For further information see
<a href="https://urldefense.com/v3/__https:/comlaude.com__;!!DUT_TFPxUQ!W-pOWe0A3pBqdLFcZlgL4ApYY7GcwRvU_3BaQv_i-8Q6NUJmAPUMnsydqYFuJ37w5EI$" target="_blank">
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intended recipient. If you have received this message in error, please return it to the sender (deleting the body of the email and attachments in your reply) and immediately and permanently delete it. Please note that the Com Laude Group does not accept any
responsibility for viruses and it is your responsibility to scan or otherwise check this email and any attachments. The Com Laude Group does not accept liability for statements which are clearly the sender's own and not made on behalf of the group or one of
its member entities. The Com Laude Group includes Nom-IQ Limited t/a Com Laude, a company registered in England and Wales with company number 5047655 and registered office at 28-30 Little Russell Street, London, WC1A 2HN England; Valideus Limited, a company
registered in England and Wales with company number 06181291 and registered office at 28-30 Little Russell Street, London, WC1A 2HN England; Demys Limited, a company registered in Scotland with company number SC197176, having its registered office at 33 Melville
Street, Edinburgh, Lothian, EH3 7JF Scotland; Consonum, Inc. dba Com Laude USA and Valideus USA, headquartered at 1751 Pinnacle Drive, Suite 600, McLean, VA 22102, USA; Com Laude (Japan) Corporation, a company registered in Japan having its registered office
at Suite 319,1-3-21 Shinkawa, Chuo-ku, Tokyo, 104-0033, Japan. For further information see
<a href="https://urldefense.com/v3/__https:/comlaude.com__;!!DUT_TFPxUQ!RGLf6UlEDciFy0o4FqiRDs-YcX7XZZWhnfVLeqpDBfRuKhYIt1mSsS_BwcbJXmW3isc$" target="_blank">
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