ICANN has posted a proposed draft renewal agreement for the operation of the .NET registry that allows for an increase in the “service fee” for each new .NET registration and each renewal of ten per cent each year for the life of the agreement. The proposed agreement says “the price to ICANN-accredited registrars for new and renewal domain name registrations and for transferring a domain name registration from one ICANN-accredited registrar to another, shall not exceed a total fee of US$5.40, which fee consists of (A) a Registry Operator service fee (“Service Fee”) equal to US$4.65, and (B) an ICANN fee equal to US$0.75.” The proposed renewal agreement from Verisign includes modified provisions to bring the .NET agreement into line with other comparable agreements (e.g.






