Observations of electrons of energy 125 ev to ∼2 kev with the OGO 1 satellite and of electrons of energy 40 ev to ∼2 kev with OGO 3 (by means of modulated Faraday cup detectors) are used to investigate the low-energy electron population in the magnetosphere within the local-time range ∼17 to ∼22 hours. Intense fluxes of these electrons are confined to a spatial region, termed the plasma sheet, which is an extension of the magnetotail plasma sheet discovered by the Vela satellites and is identified with the soft electron band first detected by Gringauz. The plasma sheet extends over the entire local-time range studied in this investigation, from the magnetospheric tail past the dusk meridian toward the dayside magnetosphere. In latitude it is confined to within 4–6 RE of the geomagnetic and/or solar magnetospheric equatorial plane, in agreement with observations already reported from the Vela satellites; no electron fluxes are detected high above the equator, not even very near the magnetopause. In radial distance the plasma sheet is terminated by the magnetopause on the outside and by a well-defined sharp inner boundary on the inside. The inner boundary has been traced from the equatorial region to the highest latitudes investigated, ∼40°; during geomagnetically quiet periods, it is observed at an equatorial distance of 11 ± 1 RE and appears to extend to higher latitudes along magnetic field lines. Weak or no electron fluxes are found between the inner boundary of the plasma sheet and the outer boundary of the plasmasphere. Detection (by an indirect process) of the very high ion densities within the plasmasphere gives positions for its boundary in good agreement with other determinations. During periods of magnetic bay activity, the plasma sheet extends closer to the earth; the inner boundary of the plasma sheet is then found at equatorial distances of 6–8 RE. This is most simply interpreted as the result of an actual inward motion of the plasma during a bay. In one case, it was possible to associate the beginning of this motion with the onset of the bay and to estimate an average radial speed of ∼12 km/sec, from which an electric field corresponding to ∼48 kilovolts across the magnetospheric tail was inferred. Within the plasma sheet, the electron population is characterized by number densities from 0.3 to 30 cm−3 and mean energies from 50 to 1600 ev and higher, with a strong anticorrelation between density and mean energy, so that the electron energy density (∼1 kev cm−3) and energy flux (∼3 ergs cm−2 sec−1) show relatively little variation. The lower energies and higher densities tend to occur during periods of geomagnetic disturbance. The nonobservation of electrons in regions above the plasma sheet implies an upper limit on the electron number density of 5 × 10−2 cm−3 if their mean energy is assumed to be ∼50 ev (typical of the magnetosheath) and 10−2 cm−3 if the energy is ∼1 kev (typical of the plasma sheet). At the inner boundary of the plasma sheet there is a sharp softening of the electron spectrum with decreasing radial distance but apparently little change in the electron number density. The electron energy density decreases across the inner boundary roughly as ∼exp (distance/0.4 RE) during quiet periods; during times of magnetic bay activity the energy density decreases as ∼exp (distance/0.6 RE), and there is a more complicated spatial structure of density and mean energy.