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                                                                   EXHIBIT 10.75

                            SEVENTH AMENDMENT TO THE
                                MIRANT SERVICES
                             EMPLOYEE SAVINGS PLAN

         WHEREAS, Mirant Services, LLC (the "Company") heretofore adopted the
Mirant Services Employee Savings Plan (the "Plan"), effective December 19,
2000, and subsequently amended and restated effective as of April 2, 2001;

         WHEREAS, the Company desires to amend the Plan to provide that
employer matching contributions and discretionary profit sharing contributions
will be initially invested as directed by a participant; and

         WHEREAS, the Americas Benefits Committee (the "Committee") is
authorized pursuant to Section 15.1 of the Plan to amend the Plan at any time,
provided such amendment does not involve a substantial increase in cost to the
Company.

         NOW, THEREFORE, the Committee hereby amends the Plan as follows, to be
effective as provided herein:

                                       I.

         EFFECTIVE AS OF MARCH 1, 2003, SECTION 8.2 OF THE PLAN SHALL BE
DELETED IN ITS ENTIRETY AND REPLACED WITH THE FOLLOWING NEW SECTION 8.2:

         8.2      Investment of Contributions. Each Participant shall direct,
at the time he elects to participate in the Plan and at such other times as may
be directed by the Investment Review Committee or pursuant to Section 8.6, that
his Elective Employer Contributions, Voluntary Participant Contributions, Fixed
Profit Sharing Contributions, Discretionary Profit Sharing Contributions and,
effective as of April 1, 2003, Employer Matching Contributions be invested in
one or more of the Investment Funds, provided such investments are made in
one-percent (1%) increments.

                                      II.

         EFFECTIVE AS OF MARCH 1, 2003, SECTION 8.3 OF THE PLAN SHALL BE
DELETED IN ITS ENTIRETY AND REPLACED WITH THE FOLLOWING NEW SECTION 8.3:

         8.3      Investment of Employer Matching and Discretionary Profit
Sharing Contributions. Effective for contributions prior to April 1, 2003 for
Employer Matching Contributions and effective for contributions prior to March
1, 2003 for Discretionary Profit Sharing Contributions, such contributions
shall be invested entirely in the Company Stock Fund and shall remain invested
in the Company Stock Fund until such time that the Participant elects to invest
all or a portion of the amount credited to his Employer Matching Contribution
or Discretionary Profit Sharing Contribution subaccounts in any of the
Investment Funds under this Plan as provided in Section 8.5.

         Notwithstanding the foregoing, any amounts attributable to employer
matching or profit sharing contributions, which are transferred to this Plan
pursuant to a trust-to-trust transfer, shall not be invested in the Company
Stock Fund but shall instead be invested at the Participant's


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direction. If no such direction is provided, such transferred amount shall be
invested in accordance with procedures established by the Investment Review
Committee.

                                      III.

         EXCEPT AS AMENDED HEREIN BY THIS SEVENTH AMENDMENT, THE PLAN SHALL
REMAIN IN FULL FORCE AND EFFECT AS AMENDED AND RESTATED BY THE COMPANY PRIOR TO
THE ADOPTION OF THIS SEVENTH AMENDMENT.

         IN WITNESS WHEREOF, the Committee, through a duly authorized officer
of the Company, has adopted this Seventh Amendment to the Plan this 26th day of
February, 2003 to be effective as provided herein.


                                      MIRANT SERVICES, LLC



                                      By: /s/ Dianne W. Davenport
                                         ------------------------------
                                      Title: Vice President
                                            ---------------------------


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