Changes

* The VGRS had proposed submitted a request which was to mean that the .com and .net registry agreements between ICANN and VeriSign be amended to allow for a twelve-month trial of the VGRS proposal for establishing a WLS.  had proposed to offer the proposed WLS at the registry level by using technology supplied by SnapNames, a company that currently has arrangements with some registrars to provide a roughly similar service at the registrar level. In summary, the WLS currently proposed by VGRS would operate as follows:

* The VGRS had proposed submitted a request which was to mean that the .com and .net registry agreements between ICANN and VeriSign be amended to allow for a twelve-month trial of the VGRS proposal for establishing a WLS.  had proposed to offer the proposed WLS at the registry level by using technology supplied by SnapNames, a company that currently has arrangements with some registrars to provide a roughly similar service at the registrar level. In summary, the WLS currently proposed by VGRS would operate as follows:

  " 1. Acting on behalf of customers, accredited registrars could place reservations for currently registered domain names in the .com and .net top-level domains. (In view of its impending reassignment, .org would not be included.) Only one reservation would be accepted for each registered domain name. Each reservation would be for a one-year period. Registrations for names would be accepted on a first-come/first-served basis, with the opportunity for renewal.

    1. Acting on behalf of customers, accredited registrars could place reservations for currently registered domain names in the .com and .net top-level domains. (In view of its impending reassignment, .org would not be included.) Only one reservation would be accepted for each registered domain name. Each reservation would be for a one-year period. Registrations for names would be accepted on a first-come/first-served basis, with the opportunity for renewal.

     2. VGRS would charge the registrar a fee, which would be set at US$35.00 for a one-year reservation, but there would be rebates to qualifying registrars of US$7.00 (until an industry-wide threshold of 250,000 WLS subscriptions is reached) or US$11.00 (after that threshold is reached), meaning that participating registrars would pay an effective rate of US$28.00, going down to US$24.00, for a one-year reservation in fulfillment of a customer's subscription.

     2. VGRS would charge the registrar a fee, which would be set at US$35.00 for a one-year reservation, but there would be rebates to qualifying registrars of US$7.00 (until an industry-wide threshold of 250,000 WLS subscriptions is reached) or US$11.00 (after that threshold is reached), meaning that participating registrars would pay an effective rate of US$28.00, going down to US$24.00, for a one-year reservation in fulfillment of a customer's subscription.

     3. The registrar's fee for customer subscriptions would be established by the registrar according to competitive market conditions.

     3. The registrar's fee for customer subscriptions would be established by the registrar according to competitive market conditions.

     4. In the event that a registered domain name is deleted from the registry (after all grace periods expire), VGRS would first check to determine whether a reservation for the name is in effect." <ref>[http://archive.icann.org/en/meetings/bucharest/wls-topic.htm]</ref>

     4. In the event that a registered domain name is deleted from the registry (after all grace periods expire), VGRS would first check to determine whether a reservation for the name is in effect. <ref>[http://archive.icann.org/en/meetings/bucharest/wls-topic.htm]</ref>

==Developments==

==Developments==