Meeting · FINANCE_AUDIT

ERCOT Finance & Audit Committee Meeting

Concluded date 2008-09-16 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 Executive Session — C. Karnei · 8:00am
2. a. Approval of executive session minutes (08/19/08) Vote — C. Karnei · 8:00am
b. Internal Audit status report — B. Wullenjohn · 8:02am
c. Update on 2009 Internal Audit plan — B. Wullenjohn · 8:05am
d. EthicsPoint update — B. Wullenjohn · 8:10am
e. Nodal program third party review - vendor contract status — B. Wullenjohn · 8:15am
f. Met Center disposition project — S. Grendel · 8:35am
Recess Executive Session · 8:45am
Convene General Session
3. Approval of general session meeting minutes (08/19/08) Vote — C. Karnei · 8:45am
4. Review results of and vote on acceptance of 2007 401(k) audit report Vote — L. Porter · 8:47am
5. Annual charter review and committee structure Vote — B. Wullenjohn/S. Byone · 8:55am
6. Financial update · 9:25am
- status of financing — C. Yager
- YTD financial results and 2008 outlook — M. Petterson
7. Other items — All · 9:40am
8. Committee Briefs (Q&A only) — All · 9:50am
9. Future agenda items — S. Byone · 9:52am
Adjourn ISO meeting — C. Karnei · 9:55am