diff --git a/README.md b/README.md
index bf65d0e..73d1039 100644
--- a/README.md
+++ b/README.md
@@ -1,14 +1,17 @@
-# Template Extension Specification
+# COCOJSON Extension Specification
 
-- **Title:** Template
-- **Identifier:** <https://stac-extensions.github.io/template/v1.0.0/schema.json>
-- **Field Name Prefix:** template
-- **Scope:** Item, Collection
+- **Title:** COCOJSON
+- **Identifier:** <https://stac-extensions.github.io/cocojson/v1.0.0/schema.json>
+- **Field Name Prefix:** coco
+- **Scope:** Item
 - **Extension [Maturity Classification](https://github.com/radiantearth/stac-spec/tree/master/extensions/README.md#extension-maturity):** Proposal
-- **Owner**: @your-gh-handles @person2
+- **Owner**: @jamesfisher-geo
 
-This document explains the Template Extension to the [SpatioTemporal Asset Catalog](https://github.com/radiantearth/stac-spec) (STAC) specification.
-This is the place to add a short introduction.
+This document explains the COCOJSON Extension to the [SpatioTemporal Asset Catalog](https://github.com/radiantearth/stac-spec) (STAC) specification.
+
+The COCOJSON format (Common Objects in Context JSON) is a standardized format used to represent object annotations along with metadata including 
+segmentations masks, pixel bounding boxes, and annotation categories commonly used in computer vision. This extension integrates the standarized 
+COCOJSON fields into the STAC Item spec, enabling a practitioner to embed COCOJSON annotations within STAC Items.
 
 - Examples:
   - [Item example](examples/item.json): Shows the basic usage of the extension in a STAC Item
@@ -21,16 +24,16 @@ This is the place to add a short introduction.
 The fields in the table below can be used in these parts of STAC documents:
 
 - [ ] Catalogs
-- [x] Collections
+- [ ] Collections
 - [x] Item Properties (incl. Summaries in Collections)
-- [x] Assets (for both Collections and Items, incl. Item Asset Definitions in Collections)
+- [ ] Assets (for both Collections and Items, incl. Item Asset Definitions in Collections)
 - [ ] Links
 
 | Field Name           | Type                      | Description                                  |
 | -------------------- | ------------------------- | -------------------------------------------- |
-| template:new_field   | string                    | **REQUIRED**. Describe the required field... |
-| template:xyz         | [XYZ Object](#xyz-object) | Describe the field...                        |
-| template:another_one | \[number]                 | Describe the field...                        |
+| coco:licenses     | \[[License Object](#license-object)\]         | **REQUIRED**. Describe the required field... |
+| coco:categories         | \[[Category Object](#category-object)\] | Describe the field...                        |
+| coco:annotations | \[[Annotation Object](#annotation-object)\]    | Describe the field...                        |
 
 ### Additional Field Information
 
@@ -38,7 +41,27 @@ The fields in the table below can be used in these parts of STAC documents:
 
 This is a much more detailed description of the field `template:new_field`...
 
-### XYZ Object
+### License Object
+
+This is the introduction for the purpose and the content of the XYZ Object...
+
+| Field Name | Type   | Description                                  |
+| ---------- | ------ | -------------------------------------------- |
+| x          | number | **REQUIRED**. Describe the required field... |
+| y          | number | **REQUIRED**. Describe the required field... |
+| z          | number | **REQUIRED**. Describe the required field... |
+
+### Category Object
+
+This is the introduction for the purpose and the content of the XYZ Object...
+
+| Field Name | Type   | Description                                  |
+| ---------- | ------ | -------------------------------------------- |
+| x          | number | **REQUIRED**. Describe the required field... |
+| y          | number | **REQUIRED**. Describe the required field... |
+| z          | number | **REQUIRED**. Describe the required field... |
+
+### Annotation Object
 
 This is the introduction for the purpose and the content of the XYZ Object...