Company: AWK
Filing Date: 2025-12-17
Form Type: S-4
Source: 0001193125-25-321389
Chunk: 253

Company: American Water Works Company, Inc.
Filing Date: 2025-12-17
Form: S-4
Chunk 253
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 construed to permit any Party to take any action that is otherwise prohibited or
restricted by any other provision of this Agreement.

Section 2.2 .

(a) . Prior to the Effective Time, Parent shall enter into an exchange agreement with the transfer agent of Parent or
such other exchange agent determined by Parent and reasonably acceptable to the Company (the “”) for the purpose of exchanging shares of Company Common Stock for the Merger Consideration. At or prior to the Effective
Time, Parent shall deposit, or shall cause to be deposited, with the Exchange Agent, in trust for the benefit of holders of the shares of Company Common Stock, certificates representing the shares of Parent Common Stock issuable pursuant to
(or appropriate alternative arrangements shall be made by Parent if the shares of Parent Common Stock issuable will be uncertificated). Following the Effective Time, Parent agrees to make available to the
Exchange Agent, from time to time as needed, cash sufficient to pay any dividends and other distributions pursuant to . All certificates representing shares of Parent Common Stock (including the amount of any
dividends or other distributions payable with respect thereto pursuant to and cash in lieu of fractional shares of Parent Common Stock to be paid pursuant to ) are
hereinafter referred to as the “.”

(b) . As soon as reasonably practicable
after the Effective Time and in any event not later than the fourth (4th) Business Day following the Effective Time, Parent shall cause the Exchange Agent to send to each holder of record of shares of Company Common Stock represented by certificates
as of the Effective Time (i) a letter of transmittal (which shall specify that delivery shall be effected, and that risk of loss and title to the shares of Company Common Stock shall pass, only upon delivery of the shares of Company Common
Stock to the Exchange Agent and which shall be in form and substance reasonably satisfactory to Parent and the Company) and (ii) instructions for use in effecting the surrender of the shares of Company Common Stock in exchange for certificates
representing whole shares of Parent Common Stock (or appropriate alternative arrangements made by Parent if uncertificated shares of Parent Common Stock will be issued), cash in lieu of any fractional shares of Parent Common Stock pursuant to
and any dividends or other distributions payable pursuant to . Exchange of any shares of Company Common Stock held in book-entry form shall be effected in accordance
with the Exchange Agent’s customary procedures with respect to securities held in book-entry form. Notwithstanding anything to the contrary in this Agreement, no holders of shares