Meeting · HR_GOVERNANCE

HR and Governance Committee Meeting

Concluded date 2007-03-21 time 08:30–10:00 ercot.com

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

Agenda 10 items

1. Call to Order — C. Gallagher · 8:30 a.m.
2. Approval of February 20, 2007 Minutes* Vote — C. Gallagher · 8:35 a.m.
3. Discussion of Bylaws Requirements on Quorum and Voting — M. Grable · 8:40 a.m.
4. Discussion of Committee Charter* — M. Grable · 8:50 a.m.
5. Discussion and Comparison of Employee and Director Ethics Agreements* — M. Grable · 9:00 a.m.
6. Cost-Benefit Discussion of NACD Assistance to Directors — J. Thorne · 9:10 a.m.
7. Head Count Staffing Levels — N. Capezzuti · 9:15 a.m.
8. Compensation Plan Overview (Mercer) — N. Capezzuti · 9:20 a.m.
9. Executive Session a. Approval of February 20, 2007 Executive Session Minutes*** b. Officer-Level Salaries & Compensation Goals c. Update on CEO Search d. Personnel Matters Vote — C. Gallagher N. Capezzuti N. Capezzuti N. Capezzuti · 9:30 a.m.
10. Adjourn — C. Gallagher · 10:00 a.m.