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Minutes – Audit Committee (AC) Meeting

AC Attendees: Harald Alvestrand, Steve Crocker, Dennis Jennings and Rita Rodin Johnston – Chair

Staff members present: Akram Atallah – Chief Operating Officer; John Jeffrey – General Counsel and Secretary; Kevin Wilson – Chief Financial Officer; Juan Ojeda, Diane Schroeder and Amy Stathos

The following is a summary of discussion, actions taken and actions identified:

  1. Minutes: Approved the minutes of the 18 October 2010 meeting.

  2. FY10 Financial: Staff reported on various issues relating to the financials for FY10, including the fact that the following documents have been posted: (i) the audited financials; (ii) the director expenses; (iii) director contractual relationship report; (iv) the FY10 Financial results discussion; and (v) the finance blog

  3. Independent Financial Expert: Staff presented report on the applications received and analysis of the various candidates. AC confirmed that this is a voluntary, as needed, position.

    • Action: Staff to distribute resumes and heat matrix analysis to committee for review.

  4. Financial Software Package : Staff reported on the decision to integrate a new finance software package and the costs associated with that decision. Committee discussed how the new package will help enhance financial controls.

  5. Executive Session: Participated in executive session with COO, wherein the COO provided a report to the committee on the efforts and progress of the internal auditor function.

Domain Name System
Internationalized Domain Name ,IDN,"IDNs are domain names that include characters used in the local representation of languages that are not written with the twenty-six letters of the basic Latin alphabet ""a-z"". An IDN can contain Latin letters with diacritical marks, as required by many European languages, or may consist of characters from non-Latin scripts such as Arabic or Chinese. Many languages also use other types of digits than the European ""0-9"". The basic Latin alphabet together with the European-Arabic digits are, for the purpose of domain names, termed ""ASCII characters"" (ASCII = American Standard Code for Information Interchange). These are also included in the broader range of ""Unicode characters"" that provides the basis for IDNs. The ""hostname rule"" requires that all domain names of the type under consideration here are stored in the DNS using only the ASCII characters listed above, with the one further addition of the hyphen ""-"". The Unicode form of an IDN therefore requires special encoding before it is entered into the DNS. The following terminology is used when distinguishing between these forms: A domain name consists of a series of ""labels"" (separated by ""dots""). The ASCII form of an IDN label is termed an ""A-label"". All operations defined in the DNS protocol use A-labels exclusively. The Unicode form, which a user expects to be displayed, is termed a ""U-label"". The difference may be illustrated with the Hindi word for ""test"" — परीका — appearing here as a U-label would (in the Devanagari script). A special form of ""ASCII compatible encoding"" (abbreviated ACE) is applied to this to produce the corresponding A-label: xn--11b5bs1di. A domain name that only includes ASCII letters, digits, and hyphens is termed an ""LDH label"". Although the definitions of A-labels and LDH-labels overlap, a name consisting exclusively of LDH labels, such as"""" is not an IDN."