Meeting · FINANCE_AUDIT

Finance and Audit Committee Meeting

Concluded date 2008-01-15 time 08:00–10:00 ercot.com

LocationERCOT Austin 8000 Metropolis (Building E), Suite 100 Austin, TX 78744 Room 168

Agenda 19 items

1. Call to order General Session — C. Karnei · 8:00am
2. Approval of general session minutes (12/11/07) Vote — C. Karnei · 8:00am
3. Election of committee Chair and Vice-Chair Vote — S. Byone / E. Doolin · 8:01am
4. Approval of CWG Chair and Vice-Chair (if nominated by CWG) Vote — C. Yager · 8:05am
5. Review of preliminary 2007 year-end financial results — M. Petterson · 8:10am
6. Review of quarterly investment results — C. Yager · 8:15am
7. Briefing on Nodal budget impacts Vote — M. Petterson / C. Yager · 8:20am
8. Update on proposed Texas RE service agreement — M. Petterson · 8:35am
9. Committee Briefs (Q&A only) — All · 8:45am
10. Future agenda items — S. Byone · 8:50am
Recess General Session · 8:55am
Convene Executive Session
11. 11a. Approval of executive session minutes (12/11/07) Vote — Chairman · 8:55am
11b. Review of long-term financial plans — S. Byone / M. Petterson / C. Yager · 8:56am
11c. Update on Met Center disposition — S. Grendel · 9:15am
11d. Internal Audit status report — B. Wullenjohn · 9:25am
11e. EthicsPoint update — B. Wullenjohn · 9:35am
11f. Quarterly private discussion with Chief Audit Executive — B. Wullenjohn · 9:40am
Adjourn ISO meeting — Chairman · 9:45am