Here's the exact Terms of the .com registry renewal agreement from ICANN.org dated March 1, 2006.
.com Registry Agreement (1 March 2006)
Quote:
Section 7.3 Pricing for Domain Name Registrations and Registry Services.
(d) Maximum Price. The Maximum Price for Registry Services subject to this Paragraph 7.3 shall be as follows:
(i) from the Effective Date through 31 December 2006, US$6.00;
(ii) for each calendar year beginning with 1 January 2007, the smaller of the preceding year's Maximum Price or the highest price charged during the preceding year, multiplied by 1.07; provided, however, that such increases shall only be permitted in four years of any six year term of the Agreement. In any year, however, where a price increase does not occur, Registry Operator shall be entitled to increase the Maximum Price by an amount sufficient to cover any additional incremental costs incurred during the term of the Agreement due to the imposition of any new Consensus Policy or documented extraordinary expense resulting from an attack or threat of attack on the Security or Stability of the DNS, not to exceed the smaller of the preceding year's Maximum Price or the highest price charged during the preceding year, multiplied by 1.07.
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This would actually be VeriSign's 6th consecutive annual price increase, not 5th as previously posted.
1st price increase - 2007
2nd price increase - 2008
3rd price increase - 2009
4th price increase - 2010
5th price increase - 2011
6th price increase - 2012