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