Regular Meeting of the Board of Directors
of
Vermont Electric Cooperative, Inc.
To be Held March 30, 2010 at 12:00 Noon. in the RPN Boardroom
At VEC offices in Johnson, Vermont

1. Call to Order
12: 00 p.m.                                                            

2. 2/23/2009 BOD Minutes (15 min.) – Board Action Requested: Approve Minutes
12:00 p.m. – 12:15 p.m.
1. Board Discussion  
2. Approve Minutes 

3. Auditors Report (KBB) (30 min.) - Discussion Only:
12:15 p.m. – 12:45 p.m.
1. Board Discussion 

4. Financial Update (15 min.) – Board Action Requested: Approve Audit Report
12:45 p.m. – 1:00 p.m.
1. Board Discussion 
2. Approve Audit Report 

5. Touch Stone Energy (45 min.) – Discussion Only:
1:00 p.m. – 1:45 p.m.   
1. Board Discussion. 

6. Pension Trust Adoption Agreement - (15 min.) - Board Action Requested:
1:45 p.m. – 2:00 p.m. 
Approve Agreement   
1. Board Discussion   
2. Approve Agreement 

7. Managers’ Updates – (15 min.) – Discussion Only:
2:00 p.m. – 2:15 p.m.  
1. Board Discussion 

Break (15 min.) 2:15 p.m. – 2:30 p.m. 

8. CEO Evaluation and Contract Extension - (30 min.) – Board Action Requested: Approve CEO Contract
2:30 p.m. – 3:00 p.m. 
1. Enter Executive Session to discuss personnel issue of contract.
2. Board Discussion   
3. Approve CEO Contract 

9. Kingdom Community Wind Process Review - (30 min.) – Discussion Only:
3:00 p.m. – 3:30 p.m.      
1. Board Update 

10. Committee Reports (45 min.)
3:30 p.m. – 4:15 p.m.
1. Power Supply and Operations Committee (30 min.) – Discussion Only:
a) Hydro Quebec power contract up date                         

 2. Communications Committee (15 min.) - Discussion Only: ONLY IF NEEDED                     

11. Any Other Business – Board Action Requested: Approve Annual Meeting Guest Speaker
1. Board Discussion
2. Approve Annual Meeting Guest Speaker   

12. Adjourn