Item

Topic

Presenter

Time

1.

Call to Order

B. Kahn

  1:30 p.m.

2.

Election of Board Chair and Vice Chair* (Vote)

B. Kahn

  1:35 p.m.

a. Discussion of Committee Membership

3.

Confirmation of TAC Representatives* (Vote)

Chair

  1:45 p.m.

4.

Consent Agenda Items: 4; 9a (PRR735, PRR741 & PRR717 only); 9b (NPRR077, NPRR082 & NPRR083 only); 9c (LPGRR026)

Chair

  1:50 p.m.

5.

Approval of November 13, 2007 Minutes* (Vote)

Chair

  1:55 p.m.

6.

Adjunct Membership Approval of Panda Energy International, Inc.* (Vote)

A. Gallo

  2:00 p.m.

7.

CEO Report

B. Kahn

  2:05 p.m.

8.

Operating Reports

  2:10 p.m.

a. Financial Summary Report*

S. Byone

b. Market Operations Report*

R. Giuliani

c. IT Report*

R. Hinsley

d. Grid Operations Report*

J. Adams

e. Nodal Update*

J. Sullivan

9.

Board Procedures

M. Grable

  2:20 p.m.

a.  Approval of  Revised Board Policies & Procedures Excluding Section 2.8* (Vote)

b.  Approval of Proposed Section 2.8 of Board Policies & Procedures (Unaffiliated Director Compensation)*  (Vote)

10.

TAC Report

M. Dreyfus

  2:35 p.m.

a.  Protocol Revision Requests (PRR735, PRR741, PRR746, PRR717)* (Vote)

M. Dreyfus

b. Nodal Protocol Revision Requests (NPRR076, NPRR077, NPRR082, NPRR083) * (Vote)

c. Load Profiling Guide Revision Request (LPGRR026)* (Vote)

d. TAC Recommendation to Refine the Amount of Additional RRS Revised Ancillary Services Document* (Vote)

11.

Finance & Audit Committee Report

C. Karnei

  3:00 p.m.

12.

H. R. & Governance Committee Report

C. Gallagher

  3:05 p.m.

13.

Other Business

Chair

  3:10 p.m.

14.

Future Agenda Items*

Chair

  3:15 p.m.

Adjourn to Executive Session

15.

Executive Session

Chair

  3:20 p.m.

a. Approval of November 13, 2007 Minutes* (Vote)

b. Personnel Matters

c. Contract Matters*

d. Litigation*

 Adjourn to Open Session

16.

Vote on Matters from Executive Session

Chair

  3:40 p.m.

Adjourn