Thanks for the responses folks. I would have replied earlier, but my alerts don't seem to be working, so I didn't realize you guys were on the case.
Here are some follow-up comments to address your concerns:
All hot conductors are 277V. All are single phase loads, so my revised color coding would be:
Ckt 1 phase A - brn
Ckt 1 phase B - org
Ckt 1 phase C - yel
Ckt 2 phase A - blk
Ckt 2 phase B - red
Ckt 2 phase C - blu
N for Ckt 1 & 2 - wht - just one for both. neutral currents will be almost non-existent since the circuits are closely balanced
Emergency lighting - pnk - from a UL 924 inverter, just a single 277V, not three, weird
Emergency N - gry - I wasn't sure if this could share the wht N. I don't think it's a separately derived system, but just in case
There was some concern about running emergency lighting in the same conduit. Is that a code issue or a might get called out issue? I'll run this by the client and my guys.
There was some concern about 208 elsewhere in the building precluding use of blk red blu. There is 208 in the building. These circuits never leave the lighting conduit or mingle elsewhere, but the point still stands. Again, I'll run it by the others.
I may just default back to brn org yel like some of you suggest. The reason why I was going this way at all was because on two separate occasions, I've had all the lights overhead burn out at once because contractors mis-wired the lights. And I don't go to the field very often. You all know how expensive lights are.