0001376986-07-000014 Sample Contracts

MERIT INCENTIVE SUPPLEMENTAL RETIREMENT INCOME PLAN
Merit Incentive Supplemental Retirement Income Plan • December 12th, 2007 • Tennessee Valley Authority • Electric services

This plan constitutes an agreement between Tennessee Valley Authority (TVA) and its managerial employees who are subject to it. The primary purpose of this plan is to provide managerial employees with income to supplement retirement benefits received from the TVA Retirement System, the Civil Service Retirement System, or the Federal Employees Retirement System. The plan also provides for hardship withdrawals subject to conditions set forth below.

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DEFERRAL AGREEMENT William R. McCollum, Jr.
Deferral Agreement • December 12th, 2007 • Tennessee Valley Authority • Electric services

The TVA Board of Directors has approved your participation in TVA’s Long-Term Deferred Compensation Plan (Plan) under the following terms:

SECOND AMENDMENT
Credit Agreement • December 12th, 2007 • Tennessee Valley Authority • Electric services • Tennessee

THIS SECOND AMENDMENT (this “Amendment”) dated as of November 2, 2007 to the Credit Agreement referenced below is among TENNESSEE VALLEY AUTHORITY, a wholly owned corporate agency and instrumentality of the United States of America (the “Borrower”), the Lenders identified on the signature pages hereto and BANK OF AMERICA, N.A., as a Lender and as Administrative Agent.

DEFERRAL AGREEMENT Kimberly S. Greene
Deferral Agreement • December 12th, 2007 • Tennessee Valley Authority • Electric services

The TVA Board of Directors has approved your participation in TVA’s Long-Term Deferred Compensation Plan (Plan) under the following terms:

DEFERRAL AGREEMENT John M. Hoskins
Deferral Agreement • December 12th, 2007 • Tennessee Valley Authority • Electric services

The TVA Board of Directors, or their delegees, has approved your participation in TVA’s Long-Term Deferred Compensation Plan (Plan) under the following terms:

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