Company: AWK
Filing Date: 2025-12-17
Form Type: S-4
Source: 0001193125-25-321389
Chunk: 349

Company: American Water Works Company, Inc.
Filing Date: 2025-12-17
Form: S-4
Chunk 349
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 provide for such continued employment to be on such terms and conditions as may be required under that collective bargaining agreement. Nothing contained in this
whether express or implied shall require Parent, any Parent Subsidiary or the Surviving Corporation to continue the employment of any Continuing Employee.

(b) Any Continuing Employee whose employment is terminated by Parent, the Company or any Affiliate thereof without cause during the twelve
(12)-month period following the Effective Time, and who is not eligible to receive severance benefits pursuant to an individual agreement with the Company or a Company Subsidiary, shall be eligible to receive severance benefits as specified in
of the Company Disclosure Schedule, subject to the Continuing Employee entering into a customary release of claims.

(c) For purposes of vesting, eligibility to participate and accrual and level of benefits under the employee benefit plans of Parent and the
Parent Subsidiaries providing benefits to any Company Employees after the Effective Time (the “”), each Company Employee shall be credited for his or her years of service with the Company and the Company Subsidiaries and
their respective predecessors before the Effective Time, to the same extent as such Company Employee was entitled, before the Effective Time, to credit for such service under any similar Company employee benefit plan in which such Company Employee
participated or was

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eligible to participate immediately prior to the Effective Time; , , that the foregoing shall not apply to the extent that its application would result in a
duplication of benefits or to benefit accrual under a defined benefit pension plan or retiree welfare benefit plan unless otherwise required by a collective bargaining agreement. In addition, and without limiting the generality of the foregoing,
(i) Parent shall use commercially reasonably efforts to cause each Company Employee to be immediately eligible to participate, without any waiting time, in any and all New Plans to the extent coverage under such New Plan replaces coverage under
a Company Benefit Plan set forth on of the Company Disclosure Schedule in which such Company Employee participated immediately before the Effective Time (such plans, collectively, the “”) and (ii) for purposes of each New Plan providing medical, dental, pharmaceutical or vision benefits to any Company Employee, Parent shall use commercially reasonable efforts to (A) cause all
pre-existing condition exclusions and actively-at-work requirements of such New Plan to be waived for such employee and his or
her covered dependents, unless such conditions would not have been waived under the comparable plans of the Company or the Company Subsidiaries in which such employee participated immediately prior