Change in Control Agreement with Executive Officer Kristen L. DiSanto

Summary

This agreement between the company and Kristen L. DiSanto, Executive Vice President of Human Resources, outlines the terms that apply if there is a change in control of the company. If such an event occurs, Ms. DiSanto is entitled to receive a payment equal to two times her base salary and continued benefits for 24 months. The agreement is designed to provide financial security and benefits continuity for the executive in the event of a significant corporate change.

EX-10.53 2 wash20121231exhibit1053.htm EXHIBIT 10.53 TO FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 2012 WASH 2012.12.31 Exhibit 10.53

EXHIBIT 10.53

TERMS OF CHANGE IN CONTROL AGREEMENT WITH AN EXECUTIVE OFFICER

The form of Change in Control Agreement (the “Agreement”), filed as Exhibit 10.2 to the Registrant's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2009, contains blanks where the multiple of the executive's base amount and the term of continued benefits provided under the Agreement vary for certain executives. On January 10, 2013 the Registrant entered into such an Agreement with the executive officer below, providing continued benefits for the term, and at the multiple of such executive's base amount, as listed in the following chart:



	Number of Times Base Amount	Term of Continued Benefits
Executive Officer	Section (4 a)	Section (4 b & c)
Kristen L. DiSanto
Executive Vice President, Human Resources	2 times	24 months