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VRSN » Topics » Issues arising from our agreements with ICANN and the DOC could harm our registry business.

This excerpt taken from the VRSN 10-Q filed May 8, 2009.

Issues arising from our agreements with ICANN and the DOC could harm our registry business.

The U.S. Department of Commerce (“DOC”) has adopted a plan for the phased transition of its responsibilities for the domain name system (“DNS”) to ICANN. As part of this transition, we have entered into agreements with ICANN and the DOC as the exclusive registry of domain names within the .com and .net generic top-level domains (“gTLDs”) and with ICANN with respect to being the exclusive registry for the .name gTLD.

We face risks arising from our agreements with ICANN and the DOC and from the planned transition of the DOC’s responsibilities for the DNS to ICANN, including the following:

 

  •  

ICANN could adopt or promote policies, procedures or programs that are unfavorable to us as the registry operator of the .com, .net and .name gTLDs, that are inconsistent with our current or future plans, or that affect our competitive position;

 

  •  

the DOC could not renew its agreement with ICANN, in which case there would no longer be DOC oversight;

 

  •  

ICANN’s relationship with the DOC could terminate and another entity could exercise oversight of ICANN;

 

  •  

the U.S. Government could refuse to transfer certain responsibilities for DNS administration to ICANN due to security, stability or other reasons, resulting in fragmentation or other instability in DNS administration;

 

  •  

under certain circumstances, ICANN could terminate one or more of our agreements to be the registry for the .com, .net or .name gTLDs and the DOC could terminate the .com Registry Agreement, in which case terminations of the .com or .net Registry Agreements could have a material adverse impact on our business;

 

  •  

one or more of the Registry Agreements may not renew when they expire in 2011 (.net) and 2012 (.com and .name), in which case it could have a material adverse effect on our business;

 

  •  

the DOC’s or ICANN’s interpretation of provisions of our agreements with either of them could differ from ours;

 

  •  

the DOC could revoke its recognition of ICANN, as a result of which the DOC could take the place of ICANN for purposes of our agreements with ICANN, and could take actions that are harmful to us and could disrupt current or future business plans; and

 

  •  

our registry business could face legal or other challenges resulting from our activities or the activities of registrars and registrants.

 

47

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This excerpt taken from the VRSN 10-K filed Mar 3, 2009.

Issues arising from our agreements with ICANN and the DOC could harm our registry business.

 

The DOC has adopted a plan for the phased transition of its responsibilities for the domain name system to ICANN. As part of this transition, we have entered into agreements with ICANN and the DOC as the exclusive registry of domain names within the .com and .net generic top-level domains (“gTLDs”) and with ICANN with respect to being the exclusive registry for the .name gTLD.

 

We face risks arising from our agreements with ICANN and the DOC and from the planned transition of the DOC’s responsibilities for the domain name system to ICANN, including the following:

 

  •  

ICANN could adopt or promote policies, procedures or programs that are unfavorable to us as the registry operator of the .com,.net and .name gTLDs, that are inconsistent with our current or future plans, or that affect our competitive position;

 

  •  

under certain circumstances, ICANN could terminate one or more of our agreements to be the registry for the .com,.net or .name gTLDs and the DOC could terminate the .com Registry Agreement, in which case terminations of the .com or .net Registry Agreements could have a material adverse impact on our business;

 

  •  

one or more of the Registry Agreements may not renew when they expire in 2011 (.net) and 2012 (.com and .name), in which case it could have a material adverse effect on our business;

 

  •  

the DOC’s or ICANN’s interpretation of provisions of our agreements with either of them could differ from ours;

 

  •  

the DOC could revoke its recognition of ICANN, as a result of which the DOC could take the place of ICANN for purposes of our agreements with ICANN, and could take actions that are harmful to us and could disrupt current or future business plans;

 

  •  

the DOC could not renew its agreement with ICANN, in which case there would no longer be DOC oversight;

 

  •  

ICANN’s relationship with the DOC could terminate and another entity could exercise oversight of ICANN;

 

  •  

the U.S. Government could refuse to transfer certain responsibilities for domain name system administration to ICANN due to security, stability or other reasons, resulting in fragmentation or other instability in domain name system administration; and

 

  •  

our registry business could face legal or other challenges resulting from our activities or the activities of registrars and registrants.

 

This excerpt taken from the VRSN 10-Q filed Nov 7, 2008.

Issues arising from our agreements with ICANN and the DOC could harm our registry business.

The U.S. Department of Commerce (“DOC”) has adopted a plan for the phased transition of the DOC’s responsibilities for the domain name system to Internet Corporation for Assigned Names and Numbers (“ICANN”). As part of this transition, as the exclusive registry of domain names within the .com and .net generic top-level domains (“gTLDs”), we have entered into agreements with ICANN and with the DOC.

We face risks arising from our agreements with ICANN and the DOC and from the planned transition of the DOC’s responsibilities for the domain name system to ICANN, including the following:

 

  •  

ICANN could adopt or promote policies, procedures or programs that are unfavorable to us as the registry operator of the .com and .net gTLDs, that are inconsistent with our current or future plans, or that affect our competitive position;

 

  •  

the DOC or ICANN could terminate our agreements to be the registry for the .com or .net gTLDs under certain circumstances, in which case it could have a material adverse impact on our business;

 

  •  

the .net or .com Registry Agreements may not renew when they expire in 2011 and 2012 respectively, in which case it could have a material adverse effect on our business;

 

  •  

the DOC’s or ICANN’s interpretation of provisions of our agreements with either of them could differ from ours;

 

  •  

the DOC could revoke its recognition of ICANN, as a result of which the DOC could take the place of ICANN for purposes of our agreements with ICANN, and could take actions that are harmful to us and could disrupt current or future business plans;

 

  •  

the DOC could not renew its agreement with ICANN, in which case there would no longer be DOC oversight;

 

  •  

ICANN’s relationship with the DOC could terminate and another entity could exercise oversight of ICANN;

 

  •  

the U.S. Government could refuse to transfer certain responsibilities for domain name system administration to ICANN due to security, stability or other reasons, resulting in fragmentation or other instability in domain name system administration; and

 

  •  

our registry business could face legal or other challenges resulting from our activities or the activities of registrars and registrants.

 

59

Table of Contents
This excerpt taken from the VRSN 10-Q filed Aug 8, 2008.

Issues arising from our agreements with ICANN and the DOC could harm our registry business.

The United States Department of Commerce (“DOC”) has adopted a plan for the phased transition of the DOC’s responsibilities for the domain name system to Internet Corporation for Assigned Names and Numbers (“ICANN”). As part of this transition, as the exclusive registry of domain names within the .com and .net generic top-level domains (“gTLDs”), we have entered into agreements with ICANN and with the DOC.

We face risks arising from our agreements with ICANN and the DOC and from the planned transition of the DOC’s responsibilities for the domain name system to ICANN, including the following:

 

  •  

ICANN could adopt or promote policies, procedures or programs that are unfavorable to us as the registry operator of the .com and .net gTLDs, that are inconsistent with our current or future plans, or that affect our competitive position;

 

  •  

the DOC or ICANN could terminate our agreements to be the registry for the .com or .net gTLDs under certain circumstances, in which case it could have a material adverse impact on our business;

 

  •  

the .net or .com Registry Agreements may not renew when they expire in 2011 and 2012 respectively, in which case it could have a material adverse effect on our business;

 

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  •  

DOC’s or ICANN’s interpretation of provisions of our agreements with either of them could differ from ours;

 

  •  

the DOC could revoke its recognition of ICANN, as a result of which the DOC could take the place of ICANN for purposes of our agreements with ICANN, and could take actions that are harmful to us and could disrupt current or future business plans;

 

  •  

the DOC could not renew its agreement with ICANN, in which case there would no longer be DOC oversight;

 

  •  

ICANN’s relationship with the DOC could terminate and another entity could exercise oversight of ICANN;

 

  •  

the United States Government could refuse to transfer certain responsibilities for domain name system administration to ICANN due to security, stability or other reasons, resulting in fragmentation or other instability in domain name system administration; and

 

  •  

our registry business could face legal or other challenges resulting from our activities or the activities of registrars and registrants.

This excerpt taken from the VRSN 10-Q filed May 12, 2008.

Issues arising from our agreements with ICANN and the DOC could harm our registry business.

The U.S. Department of Commerce (“DOC”) has adopted a plan for the phased transition of the DOC’s responsibilities for the domain name system to Internet Corporation for Assigned Names and Numbers (“ICANN”). As part of this transition, as the exclusive registry of domain names within the .com and .net generic top-level domains (“gTLDs”), we have entered into agreements with ICANN and with the DOC.

We face risks arising from our agreements with ICANN and the DOC and from the planned transition of the DOC’s responsibilities for the domain name system to ICANN, including the following:

 

  •  

ICANN could adopt or promote policies, procedures or programs that are unfavorable to us as the registry operator of the .com and .net gTLDs or that are inconsistent with our current or future plans;

 

  •  

the DOC or ICANN could terminate our agreements to be the registry for the .com or .net gTLDs under certain circumstances; if the .com and/or .net Registry Agreements are terminated, it could have a material adverse impact on our business;

 

  •  

the renewal of the .com Registry Agreement is not approved by the DOC;

 

  •  

DOC’s or ICANN’s interpretation of provisions of our agreements with either of them could differ from ours;

 

  •  

the DOC could revoke its recognition of ICANN, as a result of which the DOC could take the place of ICANN for purposes of our agreements with ICANN, and could take actions that are harmful to us and could disrupt current or future business plans;

 

  •  

the U.S. Government could refuse to transfer certain responsibilities for domain name system administration to ICANN due to security, stability or other reasons, resulting in fragmentation or other instability in domain name system administration; and

 

47

Table of Contents
  •  

our registry business could face legal or other challenges resulting from our activities or the activities of registrars and registrants.

This excerpt taken from the VRSN 10-K filed Feb 29, 2008.

Issues arising from our agreements with ICANN and the DOC could harm our registry business.

 

The U.S. DOC has adopted a plan for the phased transition of the DOC’s responsibilities for the domain name system to ICANN. As part of this transition, as the exclusive registry of domain names within the .com and .net gTLDs, we have entered into agreements with ICANN and with the DOC.

 

We face risks from the transition of the DOC’s responsibilities for the domain name system to ICANN, including the following:

 

  •  

ICANN could adopt or promote policies, procedures or programs that are unfavorable to us as the registry operator of the .com and .net gTLDs or that are inconsistent with our current or future plans;

 

  •  

the DOC or ICANN could terminate our agreements to be the registry for the .com or .net gTLDs under the circumstances described elsewhere in this report;

 

  •  

if the .com and/or .net Registry Agreements are terminated, it could have a material adverse impact on our business;

 

  •  

the renewal of the .com Registry Agreement is not approved by the DOC;

 

  •  

the DOC’s or ICANN’s interpretation of provisions of our agreements with either of them could differ from ours;

 

  •  

the DOC could revoke its recognition of ICANN, as a result of which the DOC could take the place of ICANN for purposes of our agreements with ICANN, and could take actions that are harmful to us and could disrupt current or future business plans;

 

 

17

Table of Contents
  •  

the U.S. Government could refuse to transfer certain responsibilities for domain name system administration to ICANN due to security, stability or other reasons, resulting in fragmentation or other instability in domain name system administration; and

 

  •  

our registry business could face legal or other challenges resulting from our activities or the activities of registrars and registrants.

 

EXCERPTS ON THIS PAGE:

10-Q
May 8, 2009
10-K
Mar 3, 2009
10-Q
Nov 7, 2008
10-Q
Aug 8, 2008
10-Q
May 12, 2008
10-K
Feb 29, 2008

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