For the record, I would like to state my objection for amendment 3 due the following reasons:

1. 7% yearly increase does NOT align with adjustment to cost due to inflation

2. private for-profit company should not be in charge of pricing changes for public services such as the .com domain name registration

While I fully support community-initiated and approved cost based price adjustment, however, I cannot agree to the current amendment 3.

Thank you for your time and consideration.

Sincerely,

Chris Chen