The ARIN Board of Trustees extended NewNog a loan under commercial terms to provide for Executive Director services during its early formation period. NewNOG, Inc. was formed as an educational nonprofit corporation to carry on the NANOG activities currently performed by Merit Network. The terms and conditions of the ARIN loan are outlined in the promissory note attached here.
NewNOG paid off the loan in full November 2012.
More information about NANOG is available at: www.nanog.org