1.

Call to order Executive Session

C. Karnei

7:30am

2.

a.  Announcement of proxies

C. Karnei

7:31am

b.  Approval of executive session minutes (Vote) (09/15/09)

C. Karnei

7:32am

c.  Internal Audit status report

B. Wullenjohn

7:33am

d.  EthicsPoint update

B. Wullenjohn

7:35am

e.  Review draft 2010 Internal Audit plan

B. Wullenjohn

7:45am

f.  Quarterly private discussion with Chief Audit Executive

B. Wullenjohn

8:00am

3.

Approval of acquisition of non-audit services from ERCOT’s independent auditor

M. Walsh

8:10am

4.

Contracts, personnel, litigation and security

Various

8:15am

Recess Executive Session

8:20am

Convene General Session

5.

Approval of general session minutes (Vote) (09/15/09)

C. Karnei

8:20am

6.

Vote on items from executive session (Vote)

C. Karnei

8:22am

7.

Annual charter review and committee structure (Vote)

C. Karnei

8:25am

8.

Review ERCOT’s 2008 Form 990 filing

M. Petterson

8:35am

9.

Quarterly investment update

C. Yager

8:55am

10.

Credit briefing - Potential Future Exposure

R. Baker

9:10am

11.

Semi-annual credit report and review and approval of CWG charter and membership requirements (Vote)

A. List

9:30am

12.

Committee Briefs (Q&A only)

All

9:40am

13.

Future agenda items

C. Karnei

9:45am

Adjourn ISO meeting

C. Karnei

9:50am