Federal Register / Vol. 72, No. 178 / Friday, September 14, 2007 / Notices 52587 

NUCLEAR REGULATORY 

COMMISSION 

Appointments to Performance Review 

Boards for Senior Executive Service 

AGENCY: U.S. Nuclear Regulatory 

Commission. 

ACTION: Appointment to Performance 

Review Boards for Senior Executive 

Service. 

SUMMARY: The U.S. Nuclear Regulatory 

Commission (NRC) has announced the 

following appointments to the NRC 

Performance Review Boards. 

The following individuals are 

appointed as members of the NRC 

Performance Review Board (PRB) 

responsible for making 

recommendations to the appointing and 

awarding authorities on performance 

appraisal ratings and performance 

awards for Senior Executives and Senior 

Level employees: 

Darren B. Ash, Deputy Executive 

Director for Information Services and 

Chief Information Officer; 

R. Wiliam Borchardt, Director, Office 

of New Reactors; 

Samuel J. Collins, Regional 

Administrator, Region I; 

Karen D. Cyr, General Counsel; 

Timothy F. Hagan, Director, Office of 

Administration; 

Bruce S. Mallet, Deputy Executive 

Director for Reactor and Preparedness 

Programs (Designate), Office of the 

Executive Director for Operations; 

William M. McCabe, Chief Financial 

Officer; 

Charles L. Miller, Director, Office of 

Federal and State Materials and 

Environmental Management Programs; 

Luis A. Reyes, Executive Director for 

Operations; 

Martin J. Virgilio, Deputy Executive 

Director for Materials, Waste, Research, 

State, Tribal, and Compliance Programs. 

The following individuals will serve 

as members of the NRC PRB Panel that 

was established to review appraisals 

and make recommendations to the 

appointing and awarding authorities for 

NRC PRB members: 

Stephen G. Burns, Deputy General 

Counsel, Office of the General Counsel; 

Brian W. Sheron, Director, Office of 

Nuclear Regulatory Research; 

Roy P. Zimmerman, Director, Office of 

Nuclear Security and Incident 

Response. 

All appointments are made pursuant 

to section 4314 of Chapter 43 of Title 5 

of the United States Code. 

DATES: Effective Date: September 14, 

2007. 

FOR FURTHER INFORMATION CONTACT: 

Secretary, Executive Resources Board, 

U.S. Nuclear Regulatory Commission, 

Washington, DC 20555, (301) 492–2076. 

Dated at Rockville, Maryland, this 4th day 

of September, 2007. 

For the U.S. Nuclear Regulatory 

Commission. 

James F. McDermott, 

Secretary, Executive Resources Board. 

[FR Doc. E7–18151 Filed 9–13–07; 8:45 am] 

BILLING CODE 7590–01–P 

OVERSEAS PRIVATE INVESTMENT 

CORPORATION 

Request for Comments 

AGENCY: Overseas Private Investment 

Corporation (OPIC). 

SUMMARY: Under the provisions of the 

Paperwork Reduction Act (44 U.S.C. 

Chapter 35), agencies are required to 

publish a Notice in the Federal Register 

notifying the public that the Agency is 

preparing an information collection 

request for OMB review and approval 

and to request public review and 

comment on the submission. Comments 

are being solicited on the need for the 

information; the accuracy of the 

Agency’s burden estimate, practical 

utility and clarity of the information to 

be collected; and on ways to estimate, 

practical utility and clarity of the 

information to be collected; and on 

ways to minimize the reporting burden, 

including automated collection 

techniques and uses of other forms of 

technology. The proposed form, OMB 

control number 3420–0001, under 

review is summarized below. 

DATES: Comments must be received 

within 30 calendar-days of publication 

of this Notice. The 60 day notice was 

published in the Federal Register on 

June 28, 2007. 

ADDRESSES: Copies of the subject form 

and the request for review prepared for 

submission to OMB may be obtained 

from the Agency submitting officer. 

Comments on the form should be 

submitted to the Agency Submitting 

Officer. 

FOR FURTHER INFORMATION CONTACT: 

OPIC Agency Submitting Officer: Essie 

Bryant, Record Manager, Overseas 

Private Investment Corporation, 1100 

New York Avenue, NW., Washington, 

DC 20527; (202) 336–8563. 

Summary Form Under Review 

Type of Request: Revised form. 

Title: Request for Registration for 

Political Risk Investment Insurance. 

Form Number: OPIC–50. 

Frequency of Use: Once per investor 

per project. 

Type of Respondents: Business or 

other institution (except farms); 

individuals. 

Description of Affected Public: U.S. 

companies or citizens investing 

overseas. 

Reporting Hours: 1⁄2 hour per project. 

Number of Responses: 333 per year. 

Federal Cost: $1,000.00. 

Authority for Information Collection: 

Sections 231, 234(a), 239(d), and 240A 

of the Foreign Assistance Act of 1961, 

as amended. 

Abstract (Needs and Uses): The OPIC 

Form 50 is submitted by eligible 

investors to register their intent to make 

international investments, and 

ultimately, to seek OPIC political risk 

insurance. By submitting Form 50 to 

OPIC prior to making an irrevocable 

commitment, the incentive effect of 

OPIC is demonstrated. 

Dated: September 11, 2007. 

John Crowley, III, 

Senior Administrative Counsel, Department 

of Legal Affairs. 

[FR Doc. 07–4560 Filed 9–13–07; 8:45 am] 

BILLING CODE 3210–01–M 

PENSION BENEFIT GUARANTY 

CORPORATION 

Required Interest Rate Assumption for 

Determining Variable-Rate Premium for 

Single-Employer Plans; Interest 

Assumptions for Multiemployer Plan 

Valuations Following Mass Withdrawal 

AGENCY: Pension Benefit Guaranty 

Corporation. 

ACTION: Notice of interest rates and 

assumptions. 

SUMMARY: This notice informs the public 

of the interest rates and assumptions to 

be used under certain Pension Benefit 

Guaranty Corporation regulations. These 

rates and assumptions are published 

elsewhere (or can be derived from rates 

published elsewhere), but are collected 

and published in this notice for the 

convenience of the public. Interest rates 

are also published on the PBGC’s Web 

site (http://www.pbgc.gov). 

DATES: The required interest rate for 

determining the variable-rate premium 

under part 4006 applies to premium 

payment years beginning in September 

2007. The interest assumptions for 

performing multiemployer plan 

valuations following mass withdrawal 

under part 4281 apply to valuation dates 

occurring in October 2007. 

FOR FURTHER INFORMATION CONTACT: 

Catherine B. Klion, Manager, Regulatory 

and Policy Division, Legislative and 

Regulatory Department, Pension Benefit 


rmajette on PROD1PC64 with NOTICES
52588 Federal Register / Vol. 72, No. 178 / Friday, September 14, 2007 / Notices 

Guaranty Corporation, 1200 K Street, 

NW., Washington, DC 20005, 202–326–

4024. (TTY/TDD users may call the 

Federal relay service toll-free at 1–800–

877–8339 and ask to be connected to 

202–326–4024.) 

SUPPLEMENTARY INFORMATION: 

Variable-Rate Premiums 

Section 4006(a)(3)(E)(iii)(II) of the 

Employee Retirement Income Security 

Act of 1974 (ERISA) and § 4006.4(b)(1) 

of the PBGC’s regulation on Premium 

Rates (29 CFR part 4006) prescribe use 

of an assumed interest rate (the 

‘‘required interest rate’’) in determining 

a single-employer plan’s variable-rate 

premium. Pursuant to the Pension 

Protection Act of 2006, for premium 

payment years beginning in 2006 or 

2007, the required interest rate is the 

‘‘applicable percentage’’ of the annual 

rate of interest determined by the 

Secretary of the Treasury on amounts 

invested conservatively in long-term 

investment grade corporate bonds for 

the month preceding the beginning of 

the plan year for which premiums are 

being paid (the ‘‘premium payment 

year’’). 

On February 2, 2007 (at 72 FR 4955), 

the Internal Revenue Service (IRS) 

published final regulations containing 

updated mortality tables for determining 

current liability under section 412(l)(7) 

of the Code and section 302(d)(7) of 

ERISA for plan years beginning on or 

after January 1, 2007. As a result, in 

accordance with section 

4006(a)(3)(E)(iii)(II) of ERISA, the 

‘‘applicable percentage’’ to be used in 

determining the required interest rate 

for plan years beginning in 2007 is 100 

percent. 

The required interest rate to be used 

in determining variable-rate premiums 

for premium payment years beginning 

in September 2007 is 6.33 percent (i.e., 

100 percent of the 6.33 percent 

composite corporate bond rate for 

August 2007 as determined by the 

Treasury). 

The following table lists the required 

interest rates to be used in determining 

variable-rate premiums for premium 

payment years beginning between 

October 2006 and September 2007. 

For premium payment years 

beginning in 

The required 

interest rate is 

October 2006 ........................ 5.06 

November 2006 .................... 5.05 

December 2006 .................... 4.90 

January 2007 ........................ 5.75 

February 2007 ...................... 5.89 

March 2007 ........................... 5.85 

April 2007 ............................. 5.84 

May 2007 .............................. 5.98 

June 2007 ............................. 6.01 

For premium payment years 

beginning in 

The required 

interest rate is 

July 2007 .............................. 6.32 

August 2007 ......................... 6.33 

September 2007 ................... 6.33 

Multiemployer Plan Valuations 

Following Mass Withdrawal 

The PBGC’s regulation on Duties of 

Plan Sponsor Following Mass 

Withdrawal (29 CFR part 4281) 

prescribes the use of interest 

assumptions under the PBGC’s 

regulation on Allocation of Assets in 

Single-Employer Plans (29 CFR part 

4044). The interest assumptions 

applicable to valuation dates in October 

2007 under part 4044 are contained in 

an amendment to part 4044 published 

elsewhere in today’s Federal Register. 

Tables showing the assumptions 

applicable to prior periods are codified 

in appendix B to 29 CFR part 4044. 

Issued in Washington, DC, on this 11th day 

of September 2007. 

Vincent K. Snowbarger, 

Deputy Director, Pension Benefit Guaranty 

Corporation. 

[FR Doc. E7–18158 Filed 9–13–07; 8:45 pm] 

BILLING CODE 7709–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meeting; Federal 

Register Citation of Previous 

Announcement; 72 FR 51281, 

September 6, 2007 

STATUS: Closed meeting. 

PLACE: 100 F Street, NE., Washington, 

DC. 

ANNOUNCEMENT OF ADDITIONAL MEETING: 

Additional meeting. 

The Commission has scheduled a 

closed meeting for Wednesday, 

September 12, 2007 at 10:30 a.m. 

Commissioners, Counsel to the 

Commissioners, the Secretary to the 

Commission, and recording secretaries 

will attend the closed meeting. Certain 

staff members who have an interest in 

the matters may also be present. 

The General Counsel of the 

Commission, or his designee, has 

certified that, in his opinion, exemption 

5 U.S.C. 552b(c)(3), (5), (7), (9)(ii) and 

(10) and 17 CFR 200.402(a)(3), (5), (7), 

(9)(ii) and (10) permit consideration of 

the scheduled matters at the Closed 

Meeting. 

Commissioner Casey, as duty officer, 

voted to consider the items listed for the 

closed meeting in closed session, and 

determined that no earlier notice thereof 

was possible. 

The subject matter of the closed 

meeting scheduled for Wednesday, 

September 12, 2007 will be: 

Institution and settlement of injunctive 

actions; 

Institution and settlement of 

administrative proceedings of an 

enforcement nature; and 

Other matters related to enforcement 

proceedings. 

At times, changes in Commission 

priorities require alterations in the 

scheduling of meeting items. For further 

information and to ascertain what, if 

any, matters have been added, deleted 

or postponed, please contact: 

The Office of the Secretary at (202) 

551–5400. 

September 11, 2007. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E7–18214 Filed 9–13–07; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[File No. 500–1] 

In the Matter of Terax Energy, Inc.; 

Order of Suspension of Trading 

September 12, 2007. 

It appears to the Securities and 

Exchange Commission that there is a 

lack of current and accurate information 

concerning the securities of Terax 

Energy, Inc. (‘‘Terax,’’ trading symbol 

TEXG.OB), because of questions 

regarding the accuracy of assertions by 

Terax and by others, in reports filed 

with the Commission and in press 

releases to investors concerning, among 

other things: (1) The status of Terax’s oil 

and gas operations, (2) Terax’s 

purported financing agreements, (3) 

Terax’s supposed acquisition of a 

controlling interest in a foreign oil and 

gas firm, (4) the existence, terms and 

status of a purported share exchange 

agreement between Terax and Westar 

Oil, Inc., and (5) the identity of the 

persons in control of the operations and 

management of Terax. 

The Commission is of the opinion that 

the public interest and the protection of 

investors require a suspension of trading 

in the securities of the above-listed 

company. 

Therefore, it is ordered, pursuant to 

section 12(k) of the Securities Exchange 

Act of 1934, that trading in the abovelisted company is suspended for the 

period from 9:30 a.m. EDT, September 

12, 2007 through 11:59 p.m. EDT, on 

September 26, 2007. 


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