First Amendment to Amended and Restated Employment Agreement between The Connecticut Water Company, Connecticut Water Service, Inc., and Executive Employee

Summary

This amendment updates the employment agreement between The Connecticut Water Company, its parent Connecticut Water Service, Inc., and an executive employee. The main change is the removal of the "Stay-on Bonus" provision from the original agreement. All other terms of the employment agreement remain unchanged and in effect. The amendment is effective as of April 2014 and is signed by representatives of both companies and the employee.

EX-10.1 2 exhibit101-firstamendmentc.htm FIRST AMENDMENT CT WATER EXECUTIVE EMPLOYEE AGREEMENTS Exhibit 10.1 - First Amendment CT Water Executive Employee Agreements

FIRST AMENDMENT TO
AMENDED AND RESTATED EMPLOYMENT AGREEMENT

THIS AMENDMENT, dated this _____ day of April 2014, is made by and between The Connecticut Water Company, a Connecticut corporation having its principal place of business in Clinton, Connecticut (“Company”), Connecticut Water Service, Inc., a Connecticut corporation and holder of all of the outstanding capital stock of Company (“Parent”), and ______________, a resident of ___________, Connecticut (“Employee”),

W I T N E S S E T H:

WHEREAS, the Employee, Company and Parent entered into an amended and restated Employment Agreement in December 2008; and

WHEREAS, the parties wish to amend the Agreement in the particulars set forth below;

NOW, THEREFORE, Company, Parent and Employee agree as follows:

1.Subparagraph (g) of Paragraph 5 of the Agreement entitled “Stay-on Bonus” is hereby deleted in its entirety.

2. Except as hereinabove modified and amended, the Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, Company and Parent have caused this Agreement to be executed by an authorized officer, and Employee has hereunto set Employee’s hand.

THE CONNECTICUT WATER COMPANY

By
Date
CONNECTICUT WATER SERVICE, INC.

By
Date

Date Executive