1.

Open Meeting

A Spangler / T Coffing

9:00am

2.

Anti-Trust Admonition

V Spells

9:00 - 9:05am

3.

Approval of minutes - May 25^th meeting (vote)

A Spangler

9:05 - 9:10am

4.

Review NPRRs

-  For credit implications (vote)

-  Pending NPRRs

V Spells

9:10 - 9:20am

5.

NPRR 347 Counter-Party Invoice and Single Daily Settlement Invoice  with comments (vote)

-  Luminant comments

-  Examples

-  Other comments

-  Values for M1 and M2 (possible vote)

T Egan / C Yager  / L Martin

9:20 - 10:30am

6.

DAM Collateral Parameters Process document (vote)

C Yager

10:30 - 10:45am

7.

ERCOT Legal Update

-  Letter of Credit & Guarantee Forms (vote)

-  CFTC Update

C Seely / M Morais

10:45 - 11:30am

8.

Lunch

11:30 - 12:45pm

9.

CRR Auction

-  Annual Auction

-  NPRR 357

-  Review of alternatives

T Egan / T Coffing

12:45 - 3:15pm

10.

New Business

A Spangler / T Coffing

3:15 - 3:25pm

11.

Adjourn Meeting

A Spangler / T Coffing

3:25pm