Common use of Registry-­‐Level Fees Clause in Contracts

Registry-­‐Level Fees. (i) Registry Operator shall pay ICANN a registry-level fee equal to (1) the registry fixed fee of US$6,250 per calendar quarter and (2) the registry-level transaction fee (collectively, the “Registry-Level Fees”); provided, however, that until the effective date of the first adjustment to the amount of the registry-level transaction fees pursuant to Section 7.2(b) or Section 7.2(c), the (x) registry fixed fee under clause (1) shall not be payable by Registry Operator and (y) total Registry-Level Fees owed by Registry Operator under clause (2) shall in no event be less than US$90,000 per rolling twelve month period. The registry-level transaction fee will be equal to the number of annual increments of an initial or renewal domain name registration (at one or more levels, and including renewals associated with transfers from one ICANN-accredited registrar to another, each a “Transaction”), during the applicable calendar quarter multiplied by US$2.00 (as it may be adjusted pursuant to Section 7.2(b) or Section 7.2(c)). For purposes of this Section 7.2, a “domain name registration" shall include a domain name within the registry for the TLD, whether consisting of two or more (e.g., ▇▇▇▇.▇▇▇.▇▇▇▇) levels, about which Registry Operator. or an affiliate of Registry Operator on behalf of Registry Operator, maintains Registry Data. (ii) Subject to Section 7.2(a)(i), Registry Operator shall pay the Registry-Level Fees on a quarterly basis to an account designated by ICANN within thirty (30) calendar days following the date of the invoice provided by ICANN.