Main Page | Attachments Home |
|
C50. The following documentation should be provided in support of your .org Proposal: C50.1. Organizational documents of applicant. A copy of the organizational documents (articles of association, bylaws, enabling legislation, etc.) of the applicant. Register ORGanization, Inc. documents: · Certificate of Incorporation Register ORGanization, Inc. Federal ID Numbers: 320018047 Register.com, Inc. documents: · Certificate of Incorporation Register.com, Inc. Federal ID Numbers: 113239091 C50.2. Organizational documents of certain other entities. A copy of the organizational documents of each non-profit entity identified in item C13. None (see above) C50.3. Business references. A list of significant trade and credit references of the applicant and each entity identified in item C13.
C50.4. Annual reports. A copy of the most recent annual financial report (or similar document), if any, of the applicant and each entity identified in item C13. Register.com Annual Report (See attachment Section C50.4, Register.com Annual Report)
C50.5. Evidence of commitment. Any documentation requested by item C14. Capital Commitment The Registry has been initially capitalized by its parent company, Register.com, in the amount of $10 million ($10,000,000.00). This commitment is evidenced by the letter dated June 14, 2002 by Salomon Smith Barney (Attachment, Section C50.5, Evidence of Commitment) which details that Register ORGanization, Inc.’s account (#315-59330-17-052) has such funds to be used for the operations of the .org registry. Based upon publicly available data, the Registry has prepared a detailed financial model which takes into consideration both the expected revenue and cost of operating the .org registry. Based upon this financial model, including the profit and loss statement, balance sheet and statement of cash flows, we believe that any new registry will need to be well capitalized in order for it to sustain the stability of the registry. The funding will need to provide for unforeseen events, economic weakness and other cost overruns while ensuring that the business has enough cash flow to sustain the highest levels of stability and customer service. We believe that $10 million will meet the needs of the business. However, should such an amount not be ample, Register.com, Register.org’s parent company, has cash and marketable securities in excess of $200 million and is in a strong financial position to fund the Registry further. C50.6. Evidence of community support. Any documentation requested by item C36. Attached in this section are three letters describing RegisterOrg’s outreach efforts and/or support of our mission by the noncommercial user community. 1. The Benton Foundation We have also attached supplemental information about the Benton Foundation and the Open Society Institute to enrich the descriptions of their programs found in Section VII, C35. |
|