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    Earlier, when the sum was more modest I and others suggested that it
    should be placed in an endowment for continuous use over time, and
    not be treated as a one opportunity windfall. An endowment with a
    charter, a terms-of-reference, and an independent funding committee
    bound by the charter and terms of reference could produce good long
    term results. There was not much support for the idea at that time.
    Too many hands that want to dip into the pot now, that seems to be
    the challenge. <br>
    <br>
    Sam L, NPOC/CSIH<br>
    <br>
    <div class="moz-cite-prefix">On 2016-07-31 4:27 AM, Michael Oghia
      wrote:<br>
    </div>
    <blockquote
cite="mid:CAMCMt7q09gPiOco1DghnpSGxpcv39d0iE_RRG8Bfv=VU_m11+w@mail.gmail.com"
      type="cite">
      <div dir="ltr"><i>"<span
            style="font-size:12.8px;line-height:16.768px">Given how much
            money is at stake, that these proceeds are set to increase
            further (with the auctions for .hotel, .inc, .mail., .llc
            etc), and how transformative these funds could be if
            suitably allocated, I think we should be highly involved in
            this process so that its allocation is more
            community-driven."</span></i>
        <div><span style="font-size:12.8px;line-height:16.768px"><br>
          </span></div>
        <div><span style="font-size:12.8px;line-height:16.768px">+10!</span></div>
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                                                          <div><span
                                                          style="font-family:arial,helvetica,sans-serif;font-size:small">-Michael</span><br>
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                                                          <div dir="ltr"><font
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                                                          <div dir="ltr"><font
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                                                          face="arial,
                                                          helvetica,
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                                                          J. Oghia</font></div>
                                                          <div dir="ltr"><a
moz-do-not-send="true" href="http://igmena.org/"
                                                          style="font-family:arial,helvetica,sans-serif;font-size:small"
target="_blank">iGmena</a><span
                                                          style="font-family:arial,helvetica,sans-serif;font-size:small"> </span><span
style="font-family:arial,helvetica,sans-serif;font-size:small">communications
                                                          manager</span></div>
                                                          <div><font
                                                          size="2"
                                                          face="arial,
                                                          helvetica,
                                                          sans-serif">Independent
                                                          #netgov
                                                          consultant
                                                          & editor</font></div>
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                                                          style="font-family:arial,helvetica,sans-serif;font-size:small"><br>
                                                          </span></div>
                                                          <div><span
                                                          style="font-family:arial,helvetica,sans-serif;font-size:small">Istanbul,
                                                          Turkey</span><span
style="font-family:arial,helvetica,sans-serif;font-size:small"><br>
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                                                          <div><font
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style="font-size:small">Skype: mikeoghia</span><br>
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color="#0000ff"><a moz-do-not-send="true"
                                                          href="https://www.twitter.com/MikeOghia"
target="_blank">Twitter</a></font> <b>|</b> <font color="#0000ff"><a
                                                          moz-do-not-send="true"
href="https://www.linkedin.com/in/mikeoghia" target="_blank">LinkedIn</a></font></font></div>
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          <br>
          <div class="gmail_quote">On Fri, Jul 29, 2016 at 11:59 PM,
            Ayden Férdeline <span dir="ltr"><<a
                moz-do-not-send="true" href="mailto:icann@ferdeline.com"
                target="_blank"><a class="moz-txt-link-abbreviated" href="mailto:icann@ferdeline.com">icann@ferdeline.com</a></a>></span>
            wrote:<br>
            <blockquote class="gmail_quote" style="margin:0 0 0
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                        <div>Regardless of what the auction fee might
                          have been, my point was more that we are now
                          sitting on a quarter of a billion dollars, and
                          I distinctly remember in Helsinki the GAC
                          floating the possibility of this money being
                          used to fund their independent secretariat.
                          That's certainly a very understandable
                          objective, from their perspective. </div>
                        <div>​</div>
                        <div>I'm curious as to what the New gTLD Auction
                          Proceeds Drafting Team is up to, and how their
                          work differs from that of the Cross-Community
                          Working Group on New gTLD Auction Proceeds
                          Drafting Team (is it superseding the former?).
                          When I looked at the membership for the
                          former, I see there are 18 community members
                          and 16 staff on the working group. That seems
                          a little disproportionate to me. </div>
                        <div><font><br>
                          </font></div>
                        <div>Given how much money is at stake, that
                          these proceeds are set to increase further
                          (with the auctions for .hotel, .inc, .mail.,
                          .llc etc), and how transformative these funds
                          could be if suitably allocated, I think we
                          should be highly involved in this process so
                          that its allocation is more community-driven.
                          I'm happy to put my hand up and to volunteer
                          here. I have no doubt that there's a piece of
                          the puzzle that I'm missing (is WG membership
                          restricted?), as I will be the first to admit
                          I am new to this community, so if I am
                          mistaken and these funds are in safe hands...
                          let me know. But if we are stretched and not
                          as involved in monitoring the progress of
                          these working groups as we may like to be,
                          please let me know how I can help. Thanks!</div>
                        <div><font><br>
                          </font></div>
                        <div>- Ayden</div>
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                        <p><br>
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                          <p><br>
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                          <div class="gmail_quote"> On Fri, Jul 29, 2016
                            3:02 PM, James Gannon <span dir="ltr"> <a
                                moz-do-not-send="true"
                                href="mailto:james@cyberinvasion.net"
                                target="_blank"><a class="moz-txt-link-abbreviated" href="mailto:james@cyberinvasion.net">james@cyberinvasion.net</a></a></span>
                            wrote:<br>
                            <blockquote class="gmail_quote"
                              style="margin:0 0 0 .8ex;border-left:1px
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                              <div>
                                <div>
                                  <div>Power Auctions gets 4% I believe.</div>
                                  <div>
                                  </div>
                                </div>
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                              <div><br>
                              </div>
                              <span>
                                <div
                                  style="font-family:Calibri;font-size:12pt;text-align:left;color:black;BORDER-BOTTOM:medium
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                                  <span style="font-weight:bold">From: </span>NCSG-Discuss
                                  <<a moz-do-not-send="true"
                                    href="mailto:NCSG-DISCUSS@LISTSERV.SYR.EDU"
                                    target="_blank">NCSG-DISCUSS@LISTSERV.SYR.EDU</a>>
                                  on behalf of Ayden Férdeline <<a
                                    moz-do-not-send="true"
                                    href="mailto:icann@FERDELINE.COM"
                                    target="_blank"><a class="moz-txt-link-abbreviated" href="mailto:icann@FERDELINE.COM">icann@FERDELINE.COM</a></a>><br>
                                  <span style="font-weight:bold">Reply-To:
                                  </span>Ayden Férdeline <<a
                                    moz-do-not-send="true"
                                    href="mailto:icann@FERDELINE.COM"
                                    target="_blank"><a class="moz-txt-link-abbreviated" href="mailto:icann@FERDELINE.COM">icann@FERDELINE.COM</a></a>><br>
                                  <span style="font-weight:bold">Date: </span>Friday
                                  29 July 2016 at 06:45<br>
                                  <span style="font-weight:bold">To: </span>"<a
                                    moz-do-not-send="true"
                                    href="mailto:NCSG-DISCUSS@LISTSERV.SYR.EDU"
                                    target="_blank"><a class="moz-txt-link-abbreviated" href="mailto:NCSG-DISCUSS@LISTSERV.SYR.EDU">NCSG-DISCUSS@LISTSERV.SYR.EDU</a></a>"
                                  <<a moz-do-not-send="true"
                                    href="mailto:NCSG-DISCUSS@LISTSERV.SYR.EDU"
                                    target="_blank">NCSG-DISCUSS@LISTSERV.SYR.EDU</a>><br>
                                  <span style="font-weight:bold">Subject:
                                  </span>Re: Update request on Auction
                                  proceeds drafting team<br>
                                </div>
                                <div><br>
                                </div>
                                <div>
                                  <div
                                    style="word-wrap:normal;word-break:break-word">
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                                            <div>What are the costs
                                              you're talking about?
                                              Looking at <a
                                                moz-do-not-send="true"
href="https://links9.mixmaxusercontent.com/aMjjKHWxnLSD3SEwj/l/jAOjQGVrCV1bw6Aby?messageId=CzRzo0ZHvRMiBWE8l&rn=IyUTV1QTlERtc0UD5kI&re=gI1RWZuIXez5idyV2c0NXasB0UTV1QTlERtc0UD5kI"
                                                target="_blank">
                                                past auction proceeds</a>,
                                              the auctioneer Power
                                              Auctions LLC doesn't
                                              appear to be taking a cut
                                              of more than 0.25%. Which
                                              would suggest ICANN is
                                              getting at least $130
                                              million here. I might be
                                              mistaken, however! Happy
                                              to be corrected if so.</div>
                                            <div><br>
                                            </div>
                                            <div>- Ayden</div>
                                            <div>
                                              <p><br>
                                              </p>
                                              <div>
                                                <p><br>
                                                </p>
                                                <div>On Fri, Jul 29,
                                                  2016 2:36 PM, McTim <span
                                                    dir="ltr"><a
                                                      moz-do-not-send="true"
href="mailto:dogwallah@gmail.com" target="_blank"><a class="moz-txt-link-abbreviated" href="mailto:dogwallah@gmail.com">dogwallah@gmail.com</a></a></span>
                                                  wrote:<br>
                                                  <blockquote
                                                    style="margin:0 0 0
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                                                    #ccc
                                                    solid;padding-left:1ex">
                                                    <div dir="ltr">the
                                                      auctioneer gets a
                                                      chunk of that
                                                      135M, can't recall
                                                      the % tho, but
                                                      ICANN doesn't get
                                                      the full 135M.
                                                      <div><br>
                                                      </div>
                                                      <div><br>
                                                      </div>
                                                    </div>
                                                    <div><br>
                                                      <div>On Fri, Jul
                                                        29, 2016 at 6:23
                                                        AM, Ayden
                                                        Férdeline <span
                                                          dir="ltr"><<a
moz-do-not-send="true" href="mailto:icann@ferdeline.com" target="_blank"><a class="moz-txt-link-abbreviated" href="mailto:icann@ferdeline.com">icann@ferdeline.com</a></a>></span>
                                                        wrote:<br>
                                                        <blockquote
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                                                          valign="top"
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cellpadding="0" cellspacing="0">
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                                                          <td
                                                          style="line-height:1.31;color:#222;font-family:arial,sans-serif"
                                                          valign="top">
                                                          <div>The <a
                                                          moz-do-not-send="true"
href="https://links7.mixmaxusercontent.com/aMjjKHWxnLSD3SEwj/l/T0OpEIvqWnraGDrCW?messageId=RlGMDDqfOu62wVLdf&rn=gI1RWZuIXez5idyV2c0NXasB0UTV1QTlERtc0UD5kI&re=gI1RWZuIXez5idyV2c0NXasB0UTV1QTlERtc0UD5kI"
target="_blank">
                                                          sale of .web</a>
                                                          has boosted
                                                          the auction
                                                          fund by
                                                          another US$135
                                                          million. There
                                                          has to be at
                                                          least $250
                                                          million in
                                                          there now, if
                                                          not more? It
                                                          would be great
                                                          to hear from
                                                          our colleagues
                                                          on the New
                                                          gTLD Auction
                                                          Proceeds
                                                          Drafting Team
                                                          as to where in
                                                          their work
                                                          plan they are
                                                          at. These
                                                          funds could be
                                                          truly
                                                          transformative
                                                          for different
                                                          stakeholder
                                                          groups and
                                                          projects if
                                                          suitably
                                                          allocated…</div>
                                                          <div><font><br>
                                                          </font></div>
                                                          <div>Thanks,</div>
                                                          <div><br>
                                                          Ayden</div>
                                                          <img
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style="border:0;width:0px;min-height:0px"
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                                                          <div>
                                                          <p><br>
                                                          </p>
                                                          <div>
                                                          <p><br>
                                                          </p>
                                                          <div>On Mon,
                                                          Jun 13, 2016
                                                          5:36 PM, James
                                                          Gannon <span
                                                          dir="ltr"><a
                                                          moz-do-not-send="true"
href="mailto:james@cyberinvasion.net" target="_blank"><a class="moz-txt-link-abbreviated" href="mailto:james@cyberinvasion.net">james@cyberinvasion.net</a></a></span>
                                                          wrote:<br>
                                                          <blockquote
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                                                          <div>
                                                          <div>
                                                          <div>Auction
                                                          reserve fund
                                                          stands at a
                                                          little over
                                                          100m USD as of
                                                          today.</div>
                                                          <div>Klaus and
                                                          Olivie are our
                                                          two reps from
                                                          NCSG.</div>
                                                          <div><br>
                                                          </div>
                                                          <div>
                                                          </div>
                                                          </div>
                                                          </div>
                                                          <div>-jg</div>
                                                          <div><br>
                                                          </div>
                                                          <span>
                                                          <div
                                                          style="font-family:Calibri;font-size:12pt;text-align:left;color:black;BORDER-BOTTOM:medium
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                                                          solid;BORDER-RIGHT:medium
none;PADDING-TOP:3pt">
                                                          <span
                                                          style="font-weight:bold">From:
                                                          </span>Ayden
                                                          Férdeline <<a
moz-do-not-send="true" href="mailto:icann@ferdeline.com" target="_blank"><a class="moz-txt-link-abbreviated" href="mailto:icann@ferdeline.com">icann@ferdeline.com</a></a>><br>
                                                          <span
                                                          style="font-weight:bold">Date:
                                                          </span>Monday
                                                          13 June 2016
                                                          at 15:26<br>
                                                          <span
                                                          style="font-weight:bold">To:
                                                          </span>James
                                                          Gannon <<a
moz-do-not-send="true" href="mailto:james@cyberinvasion.net"
                                                          target="_blank"><a class="moz-txt-link-abbreviated" href="mailto:james@cyberinvasion.net">james@cyberinvasion.net</a></a>><br>
                                                          <span
                                                          style="font-weight:bold">Cc:
                                                          </span>"<a
                                                          moz-do-not-send="true"
href="mailto:NCSG-DISCUSS@listserv.syr.edu" target="_blank"><a class="moz-txt-link-abbreviated" href="mailto:NCSG-DISCUSS@listserv.syr.edu">NCSG-DISCUSS@listserv.syr.edu</a></a>"
                                                          <<a
                                                          moz-do-not-send="true"
href="mailto:NCSG-DISCUSS@listserv.syr.edu" target="_blank"><a class="moz-txt-link-abbreviated" href="mailto:NCSG-DISCUSS@listserv.syr.edu">NCSG-DISCUSS@listserv.syr.edu</a></a>><br>
                                                          <span
                                                          style="font-weight:bold">Subject:
                                                          </span>Re:
                                                          Update request
                                                          on Auction
                                                          proceeds
                                                          drafting team<br>
                                                          </div>
                                                          <div><br>
                                                          </div>
                                                          <div>
                                                          <div
                                                          style="word-wrap:normal;word-break:break-word">
                                                          <table
                                                          valign="top"
                                                          style="width:100%;margin-top:6px"
                                                          border="0"
                                                          lang="container"
cellpadding="0" cellspacing="0">
                                                          <tbody>
                                                          <tr>
                                                          <td
                                                          style="line-height:1.31;color:#222;font-family:arial,sans-serif"
                                                          valign="top">
                                                          <div><font>Hi
                                                          James,</font></div>
                                                          <div><font><br>
                                                          Thanks for
                                                          raising
                                                          awareness of
                                                          this. I am
                                                          very
                                                          interested in
                                                          the outcome of
                                                          this topic as
                                                          well, as I
                                                          understand
                                                          there is at
                                                          least $60m in
                                                          funds
                                                          currently on
                                                          hand from
                                                          auction
                                                          proceeds (a
                                                          figure
                                                          inevitably
                                                          going to
                                                          grow). I need
                                                          not mention
                                                          how
                                                          transformative
                                                          this could be
                                                          for different
                                                          stakeholder
                                                          groups and
                                                          projects if
                                                          suitably
                                                          allocated. Who
                                                          is
                                                          representing
                                                          the NCSG on
                                                          the drafting
                                                          team for this
                                                          exceptional
                                                          situation? </font></div>
                                                          <div><font><br>
                                                          </font></div>
                                                          <div><font>Best
                                                          wishes,</font></div>
                                                          <div><font><br>
                                                          </font></div>
                                                          <div><font>Ayden</font></div>
                                                          <div>
                                                          <div>
                                                          <p><br>
                                                          </p>
                                                          <div>On Mon,
                                                          Jun 13, 2016
                                                          3:07 PM, James
                                                          Gannon <span
                                                          dir="ltr"><a
                                                          moz-do-not-send="true"
href="mailto:james@CYBERINVASION.NET" target="_blank"><a class="moz-txt-link-abbreviated" href="mailto:james@CYBERINVASION.NET">james@CYBERINVASION.NET</a></a></span>
                                                          wrote:<br>
                                                          <blockquote
                                                          style="margin:0
                                                          0 0
                                                          .8ex;border-left:1px
                                                          #ccc
                                                          solid;padding-left:1ex">
                                                          <div>
                                                          <div>
                                                          <div
                                                          style="color:rgb(0,0,0);font-family:Calibri,sans-serif;font-size:14px">Hi
                                                          All,</div>
                                                          <div
                                                          style="color:rgb(0,0,0);font-family:Calibri,sans-serif;font-size:14px"><br>
                                                          </div>
                                                          <div
                                                          style="color:rgb(0,0,0);font-family:Calibri,sans-serif;font-size:14px">Can
                                                          our reps to
                                                          the Auction
                                                          Proceeds
                                                          drafting team
                                                          provide us
                                                          with an update
                                                          on the work of
                                                          the group?</div>
                                                          <div><font
                                                          face="Calibri,sans-serif"><a
moz-do-not-send="true"
                                                          href="https://community.icann.org/pages/viewpage.action?pageId=58728193"
target="_blank"><a class="moz-txt-link-freetext" href="https://community.icann.org/pages/viewpage.action?pageId=58728193">https://community.icann.org/pages/viewpage.action?pageId=58728193</a></a></font></div>
                                                          <div><br>
                                                          </div>
                                                          <div>This is
                                                          critical work
                                                          and I want to
                                                          make sure we
                                                          are giving
                                                          sufficient
                                                          input into
                                                          this process.</div>
                                                          <div><font
                                                          face="Calibri,sans-serif">-James</font></div>
                                                          <div
                                                          style="color:rgb(0,0,0);font-family:Calibri,sans-serif;font-size:14px">
                                                          </div>
                                                          </div>
                                                          </div>
                                                          </blockquote>
                                                          </div>
                                                          </div>
                                                          </div>
                                                          <div><br>
                                                          </div>
                                                          <div>
                                                          <div>Ayden
                                                          Férdeline</div>
                                                          <div><a
                                                          moz-do-not-send="true"
href="https://community.icann.org/display/gnsosoi/Ayden+F%C3%A9rdeline+SOI"
style="background-color:white" target="_blank">Statement of Interest</a></div>
                                                          </div>
                                                          <img
                                                          moz-do-not-send="true"
style="border:0;width:0px;min-height:0px"
                                                          src="https://compose.mixmax.com/img/blank.png"
                                                          alt=""
                                                          align="left"
                                                          height="0"
                                                          width="0"></td>
                                                          </tr>
                                                          </tbody>
                                                          </table>
                                                          </div>
                                                          </div>
                                                          </span></blockquote>
                                                          </div>
                                                          </div>
                                                          </div>
                                                          </div>
                                                          <br>
                                                          <br>
                                                          <div>Ayden
                                                          Férdeline</div>
                                                          <div><a
                                                          moz-do-not-send="true"
href="https://community.icann.org/display/gnsosoi/Ayden+F%C3%A9rdeline+SOI"
style="background-color:white" target="_blank">Statement of Interest</a></div>
                                                          </div>
                                                          </div>
                                                          </div>
                                                        </blockquote>
                                                      </div>
                                                      <br>
                                                      <br clear="all">
                                                      <div><br>
                                                      </div>
                                                      -- <br>
                                                      <div
                                                        data-smartmail="gmail_signature">Cheers,<br>
                                                        <br>
                                                        McTim<br>
                                                        “A name
                                                        indicates what
                                                        we seek. An
                                                        address
                                                        indicates where
                                                        it is. A route
                                                        indicates how we
                                                        get there.”  Jon
                                                        Postel</div>
                                                    </div>
                                                  </blockquote>
                                                </div>
                                              </div>
                                            </div>
                                            <div><br>
                                            </div>
                                            <div>
                                              <div>Ayden Férdeline</div>
                                              <div><a
                                                  moz-do-not-send="true"
href="https://community.icann.org/display/gnsosoi/Ayden+F%C3%A9rdeline+SOI"
style="background-color:white" target="_blank">Statement of Interest</a></div>
                                            </div>
                                            <img moz-do-not-send="true"
style="border:0;width:0px;min-height:0px"
                                              src="https://compose.mixmax.com/img/blank.png"
                                              alt="" align="left"
                                              height="0" width="0"></td>
                                        </tr>
                                      </tbody>
                                    </table>
                                  </div>
                                </div>
                              </span> </blockquote>
                          </div>
                        </div>
                      </div>
                    </div>
                    <br>
                    <br>
                    <div>Ayden Férdeline</div>
                    <div><a moz-do-not-send="true"
href="https://community.icann.org/display/gnsosoi/Ayden+F%C3%A9rdeline+SOI"
                        style="background-color:white" target="_blank">Statement
                        of Interest</a></div>
                  </div>
                </div>
              </div>
            </blockquote>
          </div>
          <br>
        </div>
      </div>
    </blockquote>
    <br>
    <pre class="moz-signature" cols="72">-- 

*--------------------------------------------*
"It is a disgrace to be rich and honoured
in an unjust state" -Confucius
----------------------------------------------
Dr Sam Lanfranco (Prof Emeritus & Senior Scholar)
Econ, York U., Toronto, Ontario, CANADA - M3J 1P3
YorkU email: <a class="moz-txt-link-abbreviated" href="mailto:Lanfran@Yorku.ca">Lanfran@Yorku.ca</a>   Skype: slanfranco
blog:  <a class="moz-txt-link-freetext" href="http://samlanfranco.blogspot.com">http://samlanfranco.blogspot.com</a>
Phone: 613 476-0429 cell: 416-816-2852</pre>
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