1.

Call to order Executive Session

C. Karnei

    8:00am

2.

a.  Announcement of proxies

C. Karnei

    8:00am

b.  Approval of executive session minutes (Vote) (11/17/09)

C. Karnei

    8:01am

c.  Approval of 2010 Internal Audit plan (Vote)

B. Wullenjohn

    8:03am

d.  Internal Audit status report

B. Wullenjohn

    8:05am

e.  Internal Audit staffing and budget update

B. Wullenjohn

    8:10am

f.  EthicsPoint update

B. Wullenjohn

    8:20am

g.  Discussion with executive management

T. Doggett /       R. Bowman

    8:25am

h. Assessment of the adequacy and effectiveness of the Internal Audit staff

B. Wullenjohn

    8:35am

3.

Financing update (Vote)

C. Yager

    8:45am

4.

Contracts, personnel, litigation and security

various

    8:50am

Recess Executive Session

    8:55am

Convene General Session

5.

Approval of general session minutes (Vote) (11/17/09)

C. Karnei

    8:55am

6.

Vote on items from executive session (Vote)

C. Karnei

    8:56am

7.

Review the company’s dealings with any financial institutions that are also market participants

C. Yager

    9:00am

8.

Update of 2009 financial forecast

M. Petterson

    9:05am

9.

Review scope of annual financial audit

M. Petterson

    9:15am

10.

Review external auditor quality control procedures and independence

M. Petterson

    9:25am

11.

Results of Finance & Audit Committee self assessment

C. Karnei

    9:35am

12.

Committee Briefs (Q&A only)

All

    9:45am

13.

Future agenda items

R. Bowman

    9:50am

Adjourn ISO meeting

C. Karnei

    9:55am