First Amendment to San Jose Water Company Executive Supplemental Retirement Plan (Restated January 1, 2008)

Summary

This amendment updates the San Jose Water Company's Executive Supplemental Retirement Plan, effective July 23, 2008. It revises the definition of "Eligible Employee" to include only officers or employees who began employment before March 31, 2008, and who are part of a select group of management or are highly compensated, as determined by the Committee under ERISA standards. The amendment is executed by an authorized officer of San Jose Water Company.

EX-10.1 2 exhibit10-1.txt Exhibit 10.1 FIRST AMENDMENT TO SAN JOSE WATER COMPANY EXECUTIVE SUPPLEMENTAL RETIREMENT PLAN (Restated January 1, 2008) Section 1.16 of San Jose Water Company's Executive Supplemental Retirement Plan is amended effective July 23, 2008 to read in full as follows: "1.16 Eligible Employee. The term "Eligible Employee" means any officer of the Company or any other Employee who: (a) first commenced status as an Employee before March 31, 2008; and (b) is part of a select group of management or an otherwise highly compensated employee, as determined by the Committee in accordance with applicable ERISA standards." IN WITNESS WHEREOF, San Jose Water Company has caused this instrument to be executed in its name by its duly authorized officer, all as of the day and year first above written. SAN JOSE WATER COMPANY By: _____________________________ Its: ____________________________ Dated: July 23, 2008