INDIAN ELECTRIC COOPERATIVE MINUTES
70TH ANNUAL MEETING
October 8, 2009
Cleveland High School Event Center
Cleveland, Oklahoma

The 70th Annual Meeting of Members of Indian Electric Cooperative, Inc. was held at the Cleveland High School Event Center on Thursday, October 8, 2009. At approximately 6:00 p.m., Board President Dr. Greg Fielding called the meeting to order. Mr. Fielding introduced Reverend Connie Taylor of the First United Methodist Church in Cleveland, who delivered the invocation. Members of the Cleveland American Legion Post #3 were introduced and led a salute to the Flag of the United States. Ed Turley, joined by the audience, sang the National Anthem.

Mr. Fielding informed the members that Berry Keeler, Secretary-Treasurer of the Board of Trustees, would serve as Secretary of the Annual Meeting. Secretary Keeler informed the membership that the Cooperative currently has 12,966 members and the Bylaws require that five percent, or 648, of
the members must register their attendance in order to constitute a quorum and have a legal meeting. He reported that 817 had registered and declared a quorum in attendance.

A true copy of the official Notice of the Annual Meeting of Members for 2009 was mailed to all members in accordance with the Bylaws of the Cooperative. The Bylaws further state minutes of the previous Annual Meeting of Members will be read. Motion was duly made and seconded to dispense with the reading of the minutes and to approve them as written. Motion carried. Mr. Keeler turned the meeting to Mike Spradling, Trustee for District 7.

Mr. Spradling introduced honored guests and visiting Cooperative representatives. He further introduced Corporate Counsel Ron Barber and all members of the Board of Trustees. The next order of business was the announcement of the election results from Districts 4, 5, and 7. Mr. Spradling turned the chair over to Ron Barber who informed the members that three district meetings were held in accordance with the IEC bylaws. Greg Fielding won his election and is the Trustee for District 4 and President of the Board. Wanda Foster won her election for District 5 and is the Vice-President of the Board. Mike Spradling was unopposed and will remain the Trustee for District 7. Mr. Barber turned the chair over to Mr. Clinkscale.

Mr. Clinkscale addressed the audience, conveying appreciation for the opportunity to serve members in the area and shared appreciation for the exemplary work and effort exhibited by the IEC staff. Mr. Clinkscale encouraged members to complete the IEC member survey, discussed cap and
trade legislation being considered by Congress, and updated the membership on information relating to wholesale power costs. Employees were asked to stand in recognition of their exemplary efforts and were greeted by loud applause from appreciative members.

Mr. Clinkscale turned the chair over to Wanda Foster and Jim Hadlock who conducted more prize drawings. Mrs. Foster turned the chair over to Mr. Fielding who introduced Doug Rye, the Will Rogers of Energy, who enlightened members about residential energy efficiency.

Mr. Fielding turned the chair over to Mr. Boone and Mr. Spradling who conducted the grand prize drawing for one Honda Rancher ATV.

There being no further business, the 2009 Annual Meeting of Members adjourned.