> e. The registrar would register SLDs to SLD holders only for fixed periods.
> At the conclusion of the registration period, failure to pay a renewal fee
> within the time specified in a second notice or reminder would result in
> cancellation of the registration.
One should explicitly state in the registration contract that the current
holder of a registered name gets the right of first refusal when it comes
time to renew.
Otherwise the registry/registry can say "contract is up, let's put the
name up for bid to the highest bidder".
--karl--
