7. Recommended by Power System Approval of Cybersecurity Risk Information Sharing Program Agreement. The term of the Agreement is one year with four one-year optional renewal periods. The Agreement amount will not exceed $1,601,720, with a maximum expenditure of $201,720 for the first year and an amount not to exceed $350,000 for each additional year. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).