Exhibit 10.57

MEMORANDUM OF AGREEMENT
(Interim Chief Executive Officer)

          THIS MEMORANDUM OF AGREEMENT is entered into by and between Bradley
Evans (“Evans”) and Chugach Electric Association, Inc., an Alaska electrical
cooperative association headquartered in Anchorage, Alaska (“Chugach”), to be
effective on and as of December 6, 2007.

          WITNESSETH:

          WHEREAS, Chugach is engaged in the business of production,
transmission and distribution of electricity in Alaska;

          WHEREAS, the position of Chugach’s Chief Executive Officer is vacant.

          WHEREAS Chugach’s Board of Directors desires that Evans serve as its
interim CEO, and Evans is willing to accept that responsibility and;

          WHEREAS the parties intend that Evans will revert to his present
position of Senior Vice President of Power Supply if he does not fill the vacant
position on a regular basis.

          NOW, THEREFORE, in consideration of the premises and the mutual
covenants herein set forth, the parties hereto agree as follows:

 

 

 

 

1.

Interim CEO Duties

 

 

 

                     a.          Evans shall serve as Chugach’s Interim CEO and
shall perform his services as such within the framework of Chugach’s Bylaws,
policies, procedures and goals as Chugach’s Board of Directors shall from time
to time determine, including but not limited to the following:

 

 

 

 

 

 

(i)

Board Policy No. 106, Delegations of Authority from the Board of Directors to
the General Manager, Appendix A hereto;

 

 

 

 

 

 

(ii)

Board Policy No. 107, Board of Directors – General Manager Relationship,
Appendix B hereto;

 

 

 

 

 

 

(iii)

Board Policy No. 118, Delegation of Certain of the Secretary’s and Treasurer’s
Duties to the General Manager, Appendix C hereto; and

 

 

 

 

 

 

(iv)

General Manager Position Description, Appendix D hereto.

In such capacity, Evans (i) shall exercise general supervisory responsibility
and management authority over Chugach and all of its controlled affiliates and
(ii) shall

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perform such other duties commensurate with his position as may be assigned to
him from time to time by the Chugach Board of Directors.

                     b.          While serving as Chugach’s interim CEO, Evans’
present compensation shall be increased by an amount to make his total salary
equivalent to $190,000/annum and shall be made effective from the initial date
of accepting the interim CEO responsibilities, December 6th, 2007.

                    c.           Further Evans will be given a $10,000 net bonus
to be paid on or before January 11, 2008.

          2.       Reversion to Former Position. In the event that Evans does
not ultimately fill Chugach’s CEO position on a regular basis, for whatever
reason, Evans shall give up his duties as Chugach’s Interim CEO and shall
continue in Chugach’s employment as its Senior Vice President of Power Supply
with the duties, compensation and other benefits presently associated with that
position, subject to all policies applicable to that position.

          3.       Term.    This Agreement shall remain in effect indefinitely
until the earlier of: (a) the date of commencement of employment of a new CEO;
or (b) either party may give thirty (30) days’ notice of termination of this
Agreement, with or without cause, and the Agreement shall terminate as of the
notice date. In either case, Evans shall revert to his position of Senior Vice
President of Power Supply at that time.

          IN WITNESS WHEREOF, the parties have executed this Memorandum of
Agreement to be effective on and as of December 6, 2007.

 

 

 

 

CHUGACH ELECTRIC ASSOCIATION, INC.

 

 

By:

-s- E. Vazquez [d74063041.jpg]

 

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Name:

ELizabeth VAZQUEZ

 

 

 

Title:

Chair, Board of Directors

 

 

 

 

 

 

Bradley Evans

 

 

 

 

-s- Bradley Evans [d74063042.jpg]

 

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