VERMONT ELECTRIC COOPERATIVE, INC.
REGULAR MEETING OF THE BOARD OF DIRECTORS
AUGUST 3, 2010 CONTINUATION of the JULY 27, 2010 MEETING
APPROVED MINUTES

As required under the VEC By-Laws, notice of this meeting was sent to each Director by deposit in U.S. mail on July 21, 2010.

CALL TO ORDER – RESUMPTION of JULY 27, 2010 REGULAR MEETING OF THE BOARD OF DIRECTORS - AGENDA ITEM #1
President Thomas Bailey called The Continuation of July 27, 2010 meeting to order at 9:03 a.m. in the Robert P. Northrop Boardroom at VEC offices in Johnson, Vermont. Present were Thomas Bailey and Directors Dorothy Allard, Dan Carswell, Michelle DaVia, Craig Kneeland, Bertrand Lague, Priscilla Matten, John Miller, Daniel Parsons, John Ward, Don Worth and Mark Woodward. Also present from VEC were CEO Dave Hallquist, Manager of Corporate Services Elizabeth Gamache, and Internal Communications Specialist Amanda Niklaus.