Item

Topic

Presenter

Time

1.

Call Open Session to Order and Announce Proxies

M. Gent

10:00 a.m.

2.

Consent Agenda Items: 3a; 3b; 3c; 11a Protocol Revision Request (PRR) 849; 11b Nodal Protocol Revision Requests (NPRRs) 210, 212, 217, 222 and 223; 11c Retail Market Guide Revision Request (RMGRR) 087

M. Gent

10:02 a.m.

3.

Approval of Minutes

M. Gent

10:07 a.m.

a. May 17, 2010 Special Board of Directors Meeting* (Vote)

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b. May 18, 2010 Board of Directors Meeting* (Vote)

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--

c. May 27, 2010 Special Joint Nominating Committee and Board of Directors Meeting* (Vote)

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4.

Chief Executive Officer (CEO) Update*

T. Doggett

10:10 a.m.

5.

Financial Summary Report*

M. Petterson

10:20 a.m.

6.

Market Operations Report*

B. Day

10:25 a.m.

7.

Information Technology (IT) and Facilities Report*

R. Morgan

10:30 a.m.

8.

Grid Operations and Planning Report*

K. Saathoff

10:35 a.m.

a. Reliability Must Run (RMR) Exit Strategy for City of Garland Spencer Unit 5* (Vote)

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9.

Special Nodal Program Committee Report

B. Helton

10:45 a.m.

10.

Nodal Program Update*

M. Cleary

10:55 a.m.

11.

TAC Update*

B. Jones

11:10 p.m.

a. PRR See Consent Agenda* (Vote)

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b. NPRRs 091, 146, 221 and 225; See also Consent Agenda* (Vote)

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--

c. RMGRR See Consent Agenda* (Vote)

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--

d. Day-Ahead Market (DAM) Alignment with Real-Time Market Go-Live

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--

e. Discussion on Guiding Principles of the Nodal Market

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f. Planning Working Group Update*

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12.

Lunch

--

12:00 p.m.

13.

Finance & Audit Committee Report

C. Karnei

1:00 p.m.

a. Preparation for 2011 Budget*

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--

14.

H. R. & Governance Committee Report

A. Dalton

1:15 p.m.

a. Plan-to-Plan Transfer of 401(k) Assets for Texas Regional Entity Employees* (Vote)

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15.

Strategic and Organizational Assessment of ERCOT*

Market Reform/

T. Doggett

1:30 p.m.

16.

Separation of Texas Regional Entity from ERCOT

Staff

1:45 p.m.

a.  Approval of Assignment and Assumption Agreement with Texas Reliability Entity Inc.* (Vote)

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b. Procedures for Refinement of Protocol/Operating Guide Compliance

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17.

Other Business

M. Gent

2:15 p.m.

18.

Future Agenda Items*

M. Gent

2:20 p.m.

Convene to Executive Session

--

2:25 p.m.

19.

Approval of Executive Session Minutes

M. Gent

--

a. May 17, 2010 Special Board of Directors Meeting* (Vote)

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--

b. May 18, 2010 Board of Directors Meeting* (Vote)

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--

c. May 27, 2010 Special Joint Nominating Committee and Board of Directors Meeting* (Vote)

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20.

Personnel*

Staff

--

21.

Litigation*

Staff

--

22.

Contract Matters*

Staff

--

23.

Data Center Relocation Update*

D. Forfia

--

24.

Security and Compliance Update*

C. Manning

--

Reconvene to Open Session

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25.

Vote on Matters from Executive Session (Vote)

M. Gent

4:30 p.m.

26.

Election of President and CEO* (Vote)

M. Gent

4:40 p.m.

27.

Ratification of Senior Vice President and Chief Operating Officer (COO)* (Vote)

M. Gent

4:45 p.m.

28.

Call for Special Meeting of ERCOT Corporate Members for Election of Unaffiliated Director* (Vote)

M. Gent

4:50 p.m.

29.

Adjourn

M. Gent

5:00 p.m.