Amendment, dated April 25, 2018, to Amended and Restated Letter Agreement between Loyd Warnock and American Water Works Company, Inc
EX-10.2.2 14 a2018q1ex-1022.htm EXHIBIT 10.2.2 Exhibit
Exhibit 10.2.2
[LETTERHEAD OF AMERICAN WATER]
1025 Laurel Oak Road
Voorhees, NJ 08043
February 15, 2018
Mr. Loyd Warnock
12053 Leighton Court
Carmel, IN 46032
Dear Mr. Warnock:
This letter agreement amends the “Amended and Restated Employment Letter Agreement,” dated May 2, 2014. Specifically, the subsection titled “LTIP Grants Issued in 2018 and 2019,” is now amended as follows:
LTIP Grants Issued in 2018, 2019 and 2020
So long as the Compensation Committee approves LTIP grants to eligible employees in 2018, 2019 and 2020, any grants made to you pursuant to the Company’s LTIP in these years shall vest on January 1, 2021.
Your signature below indicates your acceptance of this amendment. Please let me know if you have any questions or concerns.
Regards,
/s/ Susan N. Story
By my voluntary and knowing signature below, I, Loyd Warnock, certify that I completely read and understand this document. I further understand that my employment remains “at will,” which means that I am not guaranteed employment or any particular job for any specified period of time. The Company or I may terminate my employment at any time, for any or no reason, with or without cause.
/s/ Loyd Warnock | 4/25/2018 | |
Signature: Loyd Warnock | Date | |
