Meeting · BOARD

Board of Directors Meeting

Concluded date 2007-09-18 time 10:00–15:00 ercot.com

LocationERCOT Austin 8000 Metropolis (Building E), Suite 100 Austin, TX 78744 Room 206

Revision Requests On The Agenda

PRR701PRR713PRR717PRR721PRR724PRR725PRR726RMGRR054RMGRR058SCR749

Agenda 29 items

1. Call to Order — M. Armentrout · 10:00 a.m.
2. Consent Agenda Items 3, 10a (PRR713, PRR721,PRR724, RMGRR054, RMGRR058, SCR749) — M. Armentrout · 10:05 a.m.
3. Approval of August 21, 2007 Minutes* Vote — M. Armentrout · 10:10 a.m.
4. CEO Report — B. Kahn · 10:15 a.m.
5. Operating Reports · 10:20 a.m.
a. Financial Summary Report* — S. Byone
b. Market Operations Report* — R. Giuliani
c. IT Report* — R. Hinsley
6. EILS Report* — K. Saathoff · 10:25 a.m.
7. Nodal Program Update* — J. Sullivan · 10:40 a.m.
8. IBM Report on Nodal Progress* — D. Skillern (IBM) · 11:25 a.m.
9. Lunch · 11:45 a.m.
10. TAC Report — M. Dreyfus · 12:45 p.m.
a. Protocol Revision Requests (PRR701, PRR717, PRR725, PRR726)* Vote — M. Dreyfus
b. 2008 CSC & Transmission Zones* Vote — M. Dreyfus
11. Finance & Audit Committee Report — C. Karnei · 2:00 p.m.
a. 2008 Budget Approval* Vote — C. Karnei
b. Acceptance of 401(k) Audit* Vote — C. Karnei
c. Approval of Creditworthiness Standards* Vote — C. Karnei
12. H. R. & Governance Committee Report — C. Gallagher · 2:15 p.m.
13. Other Business — M. Armentrout · 2:30 p.m.
14. Future Agenda Items* — M. Armentrout · 2:35 p.m.
15. Executive Session — M. Armentrout · 2:40 p.m.
a. Approval of August 21, 2007 Minutes* Vote — M. Armentrout
b. Contract Matters* Vote — M. Armentrout
c. Personnel — M. Armentrout
d. Litigation* — M. Armentrout
e. Other Business — M. Armentrout
16. Vote on Matters from Executive Session — M. Armentrout · 3:00 p.m.