Company: AWK
Filing Date: 2025-12-17
Form Type: S-4
Source: 0001193125-25-321389
Chunk: 395

Company: American Water Works Company, Inc.
Filing Date: 2025-12-17
Form: S-4
Chunk 395
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 this Article shall extend to proceedings involving the negligence of such person. As used in this Article, “” shall include each director and officer of the Corporation and
each other person denominated by the Board of Directors as entitled to the benefits of this Article, “” shall mean all expenses actually and reasonably incurred, including fees and expenses of counsel selected by an
indemnitee, and “” shall mean amounts of judgments, excise taxes, fines, penalties and amounts paid in settlement.

(b) . Every indemnitee shall be entitled as of right to have his or her expenses in investigating or
defending any Action paid in advance by the Corporation prior to final disposition of such Action, provided that the Corporation receives a written undertaking by or on behalf of the indemnitee to repay the amount advanced if it should ultimately be
determined that the indemnitee is not entitled to be indemnified for such expenses.

(c) . If a claim for
indemnification or advancement of expenses hereunder is not paid in full by the Corporation within sixty (60) days after a written claim has been received by the Corporation, the claimant may at any time thereafter bring suit against the
Corporation to recover the unpaid amount of the claim, and if successful in whole or in part, the claimant shall also be entitled to be paid the expenses of prosecuting such claim. It shall be a defense to any such action that such indemnification
or advancement of costs of defense is not permitted under the BCL, but the burden of proving such defense shall be on the Corporation. Neither the failure of the Corporation (including its Board of Directors or any committee thereof, independent
legal counsel, or shareholders) to have made its determination prior to the commencement of such action that indemnification of, or advancement of costs of defense to, the claimant is permissible in the circumstances nor an actual determination by
the Corporation (including its Board of Directors or any committee thereof, independent legal counsel, or shareholders) that such indemnification or advancement is not permissible shall be a defense to the action or create a presumption that such
indemnification or advancement is not permissible. In the event of the death of any person having a right of indemnification under the foregoing provisions, such right shall inure to the benefit of his or her heirs, executors, administrators, and
personal representatives. The rights conferred above shall not be exclusive of any other right which any person may have or hereafter acquire under any statute, bylaw, resolution of