Document:

Exhibit 10.2

 Exhibit 10.2 

Execution Version 
  

 
 EMPLOYMENT AGREEMENT 

This EMPLOYMENT AGREEMENT (this “Agreement”) is made as of the 4th day of
January, 2017 by and between Mueller Water Products, Inc. (the “Company”) and John Scott Hall (“Executive”). This Agreement sets forth the terms and conditions of Executive’s employment and termination of employment with the
Company whenever that occurs. 
 ARTICLE I: TERMS OF EMPLOYMENT 
  

	1.	Prior Agreements. Executive represents and warrants that Executive is not a party to any other agreement or obligation for personal services and that there exists no impediment or restraint, contractual or
otherwise on Executive’s power, right or ability to accept the Company’s offer of employment and to fully perform the employment duties and obligations specified in this Agreement. 

2.    Employment. 
  

	 	a.	The employment of Executive hereunder will commence on a date to be mutually agreed by the parties. Executive will serve as President and Chief Executive Officer of the Company. Executive’s principal place of
employment will be the Company’s offices located in Atlanta, Georgia, subject to required travel. Executive will relocate to the Atlanta, Georgia metropolitan area within four months of his employment commencement date. 

Executive will have the responsibilities generally consistent for such position in similarly-sized
public companies and such other additional responsibilities as may be assigned to Executive from time to time by the Company’s Board of Directors (the “Board”). Executive acknowledges that this Agreement contemplates any possible
future promotion and any assignment of responsibilities with respect to any affiliate or subsidiary of the Company, which may be made without amendment of this Agreement. 
  

	 	b.	Executive will report directly to the Board. Effective as of the commencement of Executive’s employment with the Company, Executive will be appointed to the Board and will serve on the Executive Committee thereof.

  

	 	c.	 Executive will devote substantially all of Executive’s working time, attention and energies to the business
of the Company and its affiliated entities. With permission of the Board, Executive however, may be involved in charitable and professional activities and serve on boards of
not-for-profit entities, in each case in accordance with Company policy and in a manner and in organizations that will not adversely affect Executive’s performance
or reflect unfavorably on the Company. Executive may not serve on any for-profit board without the prior 

	 	
permission of the Board. In no event will Executive be covered by any insurance policies of the Company for service on other boards unless pursuant to a specific written endorsement approved by
the Board and obtained by Executive. 

 3.    Compensation and Benefits. 

 

	 	a.	Executive’s annual base salary rate (“Salary”) will be $750,000 per year, payable in substantially equal installments in accordance with the Company’s payroll procedures. Executive’s Salary and
job performance will be reviewed at least once per year by the Board. 

  

	 	b.	Executive will be entitled to participate in the Company’s management incentive bonus plan, as in effect from time to time and as approved by the Compensation and Human Resources Committee of the Board.
Executive’s target annual bonus for 2017 (“Bonus”) will be 100% of Executive’s Salary in effect for such year. Actual annual Bonus may range from 0% to 200% of target and will be determined based upon corporate and/or individual
performance factors established by the Board. Bonus ranges, target and performance goals may be changed in accordance with the applicable plan and without amendment of this Agreement. Executive must be employed on the date the Board approves the
Bonus payable with respect to any fiscal year to be eligible to receive an annual Bonus for such fiscal year. 

  

	 	c.	Executive will be eligible to participate in the Company’s long term incentive program consistent with its application to executives generally and with the terms of such program, as in effect from time to time.
Executive’s initial grant under such program will consist of the following: 

  

	 	i.	An award of restricted stock units with a grant date fair market value of $750,000 which will vest in three equal installments on each of the first three anniversaries of the date of grant; provided Executive
remains continuously employed with the Company on such vesting dates; and 

  

	 	ii.	An award of performance share units with a grant date fair market value of $750,000, which will vest at the end of a three year performance period; provided Executive remains continuously employed with the
Company through such vesting date. 

 Each award provided in this paragraph (c) will be subject to the terms of the
applicable plan and the award agreements issued therewith. In the event of any conflict or ambiguity between this Agreement and the plan or award agreements, the plan and the award agreements will govern. 

 

	 	d.	 In consideration of the commencement of Executive’s employment hereunder and to compensate Executive for
equity awards and performance payments that are forfeited in whole or in part at his prior employer immediately before the commencement of employment hereunder (the “Prior Employer”), Executive will be granted restricted stock units equal
to the value on the date of grant of the sum 

  
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of clauses (i)-(iv) below, which will vest on the first anniversary of Executive’s commencement of employment with the Company, provided Executive remains continuously employed with
the Company through such date: 

  

	 	i.	100% of the implicit gain that Executive would have recognized on March 1, 2017 from Prior Employer’s stock options that would have otherwise vested on such date; plus 

 

	 	ii.	50% of the amount that Executive would have earned under Prior Employer’s 2016 bonus plan in the event such bonus is not otherwise paid in whole or in part to Executive by the Prior Employer; plus

  

	 	iii.	50% of the amount that Executive would have earned pursuant to the award of Prior Employer’s performance share units in the event such award is not otherwise paid in whole or in part to Executive by the Prior
Employer; plus 

  

	 	iv.	100% of the value of vested Prior Employer’s restricted stock units as of March 1, 2017. 

The amounts set forth in the preceding clauses (i)-(iv) will be awarded by the Company only to the extent the Prior Employer’s awards are
unpaid or forfeited in whole or in part, as the case may be, by Executive in connection with his employment by the Company. The determination of the value of the restricted stock units to be granted to Executive as set forth in this paragraph
(d) will be determined in good faith by the Company in its sole discretion after consultation with Executive. 
  

	 	e.	Executive will be eligible to participate in any pension, profit sharing, health or welfare benefit program generally made available by the Company to similarly situated executive employees, as in effect from time to
time, including, without limitation: 

  

	 	i.	Any life and group health (medical, dental, etc.) benefit programs generally applicable to executives in the location in which Executive is primarily based; 

 

	 	ii.	Any tax qualified retirement plan generally applicable to salaried employees in the location in which Executive is primarily based; 

  

	 	iii.	The Company’s Employee Stock Purchase Plan generally applicable to salaried employees in the location in which Executive is primarily based; 

 

	 	iv.	Four weeks of annual vacation to be used in accordance with the Company’s vacation policies generally applicable to executives; and 

 

	 	v.	Expense reimbursement for properly documented ordinary and necessary business expenses incurred by Executive in the performance of employment hereunder in accordance with the Company’s expense reimbursement policy.

  
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	 	f.	Executive will be entitled to a car allowance of $2,000 per month, subject to applicable taxes. 

  

	 	g.	Executive will be entitled to reimbursement of financial planning expenses in accordance with the Company’s policy for executive financial planning. 

 

	 	h.	Executive will be entitled to reimbursement for expenses of an annual physical examination in accordance with the Company’s policy for executive physical exams. 

 

	 	i.	Executive agrees to comply with policies as adopted from time to time by the Board for executives, which includes stock ownership guidelines and compensation clawback policies. 

 

	 	j.	Executive will be reimbursed by the Company for relocation expenses in accordance with the policies established by the Company and upon receipt by the Company of appropriate documentation. 

 

	4.	Termination of Employment for Death; By the Company for Cause or Disability; By Executive for
Good Reason. Executive’s employment automatically terminates upon Executive’s death. The Company may terminate Executive’s employment on account of Disability or for Cause. Executive may terminate his employment for Good
Reason. Upon termination of employment for any of the foregoing, Executive will be entitled to any unpaid Salary through the end of the fiscal year in which the termination occurs, and other benefits in accordance with the terms of the
Company’s retirement, insurance, and other applicable plans and programs then in effect. 

  

	 	a.	For purposes of this Agreement, “Disability” occurs if Executive has been physically or mentally incapacitated so as to render Executive incapable of performing the essential functions of any substantial
gainful activity, or Executive has received income replacement benefits under a Company plan for at least three months, and, in either instance, that incapacity is expected to result in death or to last for a continuous period of at least 12 months.
Executive’s receipt of disability benefits under the Company’s long-term disability plan or receipt of Social Security disability benefits will be deemed conclusive evidence of Disability for purposes of this Agreement. 

 

	 	b.	 For purposes of this Agreement, the term “Cause” means any of the following: Executive’s
(i) conviction or guilty plea of a felony or conviction or guilty plea of any crime involving fraud or dishonesty, (ii) theft or embezzlement of property from the Company, (iii) willful and continued refusal to perform the duties of
Executive’s position in all material respects (other than any such failure resulting from Executive’s incapacity due to physical or mental illness) that continues for more than 15 business days after the Company gives Executive written
notice of the failure, specifying what duties Executive failed to perform and an opportunity 

  
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to cure within 30 days, (iv) fraudulent preparation of financial information of the Company; (v) willful engagement in conduct that is demonstrably and materially injurious to the
Company, monetarily or otherwise, provided that no act or failure to act on Executive’s part will be deemed “willful” unless done, or omitted to be done, by Executive not in good faith and without reasonable belief that the action or
omission was in the best interests of the Company or (vi) willful violation of material Company policies or procedures, including but not limited to, the Company’s Code of Business Conduct and Ethics and Compliance Program (or any
successor policy) then in effect. 

  

	 	c.	For purposes of this Agreement, the term “Good Reason” will have the meaning set forth in Article I, Section 6. 

  

	5.	Involuntary Termination of Employment by the Company. If the Company involuntarily terminates the employment of Executive other than as set forth in Section 4 above,
Executive will be entitled to the benefits set forth below. 

 “Severance Benefits” consist of: 

 

	 	i.	Lump sum payment of unpaid Salary and other benefits, including accrued but unused vacation pay and unreimbursed business expenses, accrued to the date of termination of employment and paid on the same basis as paid
upon any voluntary termination of employment. Such lump sum amount will be paid in accordance with the Company’s normal payroll procedures. 

  

	 	ii.	A total amount equal to 300% of Executive’s current annual rate of Salary (the “Base Amount”). Payment of the Base Amount will be made in substantially equal monthly installments over 24 months from the
date of Executive’s separation from service (within the meaning of Section 409A of the Code). The first such installment will be paid on the 60th day following Executive’s separation
from service (the “Commencement Date”) and subsequent installments will be paid on the last business day of each succeeding month; provided, however, that Executive’s entitlement to each such installment will be contingent upon
execution (and non-revocation) by Executive of the release under Article III, Section 2. All payments are subject to applicable taxes. 

 

	 	iii.	Notwithstanding contrary provisions in an executive incentive bonus plan or in Section 3(b) of this Article I, Executive will be paid an annual bonus for the fiscal year in which the termination of employment occurs
determined and paid in the same manner as for all other executive participants in the annual bonus program except that the bonus will be prorated for the portion of the fiscal year during which Executive was actively employed and will be paid within
75 days after the end of such fiscal year. 

  
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	 	iv.	The Company will allow Executive to continue medical and dental coverage for Executive and Executive’s eligible dependents (as provided to its active employees) for up to 18 months following the date of termination
of employment, but only if Executive pays the COBRA rate for such coverage (“Extended Coverage”). If Executive declines Extended Coverage or becomes eligible for medical and/or dental coverage through another employer (including an
employer of Executive’s spouse), such Extended Coverage will cease. The COBRA election period and COBRA maximum period of coverage will begin on the date Extended Coverage ceases, subject to the rules and limitations that apply to COBRA
coverage. 

 In addition to the amounts described elsewhere in this Agreement, Executive will be paid an amount each month
equal to 150% of the applicable monthly COBRA rate for the coverage that is extended, reduced by applicable withholdings. For this purpose, the applicable COBRA rate is the cost of COBRA coverage, determined as of the date of termination of
employment, for the level of medical and/or dental coverage Executive has in effect on the date of termination of employment. Regardless of whether Executive elects Extended Coverage, such amount will be paid to Executive each month beginning in the
month following Executive’s date of termination of employment and continuing for 18 months thereafter; provided, however, such monthly payment will cease and will not be payable after the month in which Executive becomes eligible
for medical and/or dental coverage through another employer (including the employer of Executive’s spouse). 
  

	 	v.	Executive will continue group life insurance coverage for a period of 24 months following the date of Executive’s termination of employment. 

 

	 	vi.	Notwithstanding anything to the contrary herein, if Executive is a “specified employee” under Section 409A of the Code, then any payment(s) to Executive described in this Agreement that (A) constitute
“deferred compensation” to an Executive under Section 409A of the Code; (B) are not exempt from Section 409A of the Code; and (C) are otherwise payable within six months after Executive’s separation from service (within the
meaning of Section 409A of the Code) will instead be made on the date that is six months and one day after such separation from service, and such payment(s) will be increased by an amount equal to interest on each such payment(s) at a rate of
interest equal to the Federal Funds Rate in effect as of the date of termination of employment from the date on which such payment(s) would have been made in the absence of this provision and the payment date described in this sentence. The Federal
Funds Rate will mean the “Federal Funds Rate” as published by The Wall Street Journal on the date prior to the calculation of any interest under this Agreement. 

  
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	 	vii.	The Company will cover Executive’s reasonable and documented expenses related to outplacement services, the cost and duration of which will be determined by the Company in its sole discretion; provided,
however, the outplacement assistance is intended to be exempt from Code Section 409A under the exemption in Treas. Reg. § 1.409A-1(b)(9)(v)(A) and, thus, (a) the services will be limited as
necessary to be “reasonable” under Code Section 409A, (b) the services will be provided by no later than the last day of the second calendar year following the year in which Executive’s date of termination of employment occurs,
and (c) no related payments will be paid beyond the third calendar year after the year in which Executive’s date of termination of employment occurs. 

  

	6.	Termination by Executive for Good Reason. If Executive terminates employment for Good Reason, Executive will be entitled to the same benefits as if employment had been
terminated involuntarily under Article I, Section 5. Any benefits provided under this section are conditioned on Executive satisfying the Good Reason requirements set forth below in this Section 6 and meeting the requirements for a
satisfactory release as set forth in Article III, Section 2. 

 For purposes of this Agreement, “Good Reason”
means, without Executive’s express written consent, the occurrence of any one or more of the following: 
  

	 	i.	An action by the Company resulting in a material diminution in Executive’s authority, duties, or responsibilities. 

  

	 	ii.	The Company’s relocation of Executive’s principal place of employment to a location outside a 50 mile radius of Atlanta, Georgia; or 

 

	 	iii.	A material reduction in Executive’s annual rate of Salary stated in Section 3(a), or as the same will be increased from time to time; 

provided, however, that none of the events described in this sentence will constitute Good Reason unless and until
(v) Executive reasonably determines in good faith that a Good Reason condition has occurred, (w) Executive first notifies the Company in writing describing in reasonable detail the condition which constitutes Good Reason within
30 days of its occurrence, (x) the Company fails to cure such condition within 30 days after the Company’s receipt of such written notice, and Executive has cooperated in good faith with the Company’s efforts to cure such
condition, (y) notwithstanding such efforts, the Good Reason condition continues to exist, and (z) Executive terminates his employment within 30 days after the end of such 30-day cure period. If the
Company cures the Good Reason condition during such cure period, Executive’s alleged Good Reason condition will be deemed to have not occurred. 
  

	7.	Clawback. 

 Notwithstanding anything herein to the contrary and only to the extent
required by law, if the Company is required to prepare an accounting restatement due to the material noncompliance of the Company, as a result of misconduct, with any financial reporting 

  
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requirement under applicable securities laws or regulations of any stock exchange, Executive agrees to reimburse the Company for (a) any bonus or other incentive-based or equity-based
compensation received by Executive from the Company during the 12-month period following the first public issuance or filing with the Securities and Exchange Commission (whichever first occurs) of the
document(s) embodying such financial reporting requirement and (b) any profits realized from the sale of securities of the Company during such 12-month period. The Compensation Committee of the Board will
have the exclusive authority to interpret and enforce this provision. 
  

	8.	Taxes. The Company will withhold from any amounts payable under this Agreement all federal, state, city, or other taxes as legally will be required. The Company does not guarantee any particular tax treatment or
outcome for Executive. 

  

	9.	Compliance with Code Section 409A. 

  

	 	a.	Executive’s right to receive any installment payments will be treated as a right to receive a series of separate and distinct payments. In no event may Executive, directly or indirectly, designate the calendar year
of any payment to be made under this Agreement, to the extent such payment is subject to Code Section 409A. 

  

	 	b.	Any reimbursements and in-kind benefits provided under this Agreement that constitute deferred compensation within the meaning of Code Section 409A will be made or provided in
accordance with the requirements of Code Section 409A, including, without limitation, that (i) in no event will any fees, expenses or other amounts eligible to be reimbursed by the Company under this Agreement be paid later than the last day of
the calendar year next following the calendar year in which the applicable fees, expenses or other amounts were incurred; (ii) the amount of expenses eligible for reimbursement, or in-kind benefits that
the Company is obligated to pay or provide, in any given calendar year will not affect the expenses that the Company is obligated to reimburse, or the in-kind benefits that the Company is obligated to pay or
provide, in any other calendar year, provided that the foregoing clause (ii) will not be violated with regard to expenses reimbursed under any arrangement covered by Code Section 105(b) solely because such expenses are subject to a limit
related to the period the arrangement is in effect; (iii) Executive’s right to have the Company pay or provide such reimbursements and in-kind benefits may not be liquidated or exchanged for any
other benefit; and (iv) in no event will the Company’s obligations to make such reimbursements or to provide such in-kind benefits apply later than Executive’s remaining lifetime.

  

	 	c.	 It is the intention of the Company and Executive that this Agreement not result in unfavorable tax consequences
to Executive under Code Section 409A. Accordingly, Executive consents to any amendment of this Agreement as the Company may reasonably make in furtherance of such intention, and the Company will promptly provide, or make available to, Executive a
copy of such amendment. Any such amendments will be made in a manner that preserves to 

  
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the maximum extent possible the intended benefits to Executive. This Section 9(b) does not create an obligation on the part of the Company to modify this Agreement and does not guarantee that the
amounts or benefits owed under this Agreement will not be subject to interest and penalties under Code Section 409A. 

  

	 	d.	All references to “Code” in this Agreement will mean the Internal Revenue Code of 1986, as amended, and the regulations and guidance published thereunder. 

ARTICLE II: POST EMPLOYMENT OBLIGATIONS AND RESTRICTIONS 
  

	1.	Noncompetition. 

 In the event Executive’s employment is terminated pursuant to
Article I, Sections 4 or 5 of this Agreement, then Executive agrees as follows: 
  

	 	a.	Executive will not perform Competitive Services, directly or indirectly, for any person, entity, business, or enterprise engaged in the business of the Company as being carried on by the Company in any geographic area
as of the date of termination of Executive’s employment (“Competing Business”) for a period of 12 months following the date of such termination of employment. For the purposes of the foregoing restriction, “Competitive
Services” means executive, management, marketing, sales, business development, strategic planning, financial or other activities of the type conducted, provided or offered by Executive during the last 12 month period of Executive’s
employment. 

  

	 	b.	Executive acknowledges and agrees that: 

  

	 	i.	Executive is familiar with the business of the Company and the commercial and competitive nature of the industry and recognizes that the value of the Company’s business would be injured if Executive performed
Competitive Services for a Competing Business; 

  

	 	ii.	The restrictive covenants contained in this Agreement are essential to the continued good will and profitability of the Company; 

  

	 	iii.	In the course of employment with the Company, Executive will become familiar with the trade secrets and other Confidential Information (as defined below) of the Company and its subsidiaries, affiliates, and related
entities, and that Executive’s services will be of special, unique, and extraordinary value to the Company; and 

  

	 	iv.	Executive’s skills and abilities enable Executive to seek and obtain similar employment in a business other than a Competing Business, and Executive possesses other skills that will serve as the basis for
employment opportunities that are not prohibited by this Agreement. When Executive’s employment with the Company terminates, Executive expects to be able to earn a livelihood without violating the terms of this Agreement. 

  
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	2.	Nonsolicitation of Employees. During the term of Executive’s employment with the Company and for a period of 12 months following the date of termination of Executive’s employment for any
reason whatsoever, Executive will not, either on his own account or for any person, firm, partnership, corporation, limited liability company, or other entity; (a) solicit any employee of the Company to leave his or her employment with the
Company (or any of its affiliates); or (b) induce or attempt to induce any such employee to breach his or her employment arrangements with the Company (or any of its affiliates). 

 

	3.	Nonsolicitation of Customers. During the term of Executive’s employment with the Company and for a period of two years following the date of termination of Executive’s employment for any
reason whatsoever, Executive will not, directly or indirectly, solicit or attempt to solicit any current customer of the Company or any of its affiliates with which Executive had material contact during his employment with the Company: (a) to
cease doing business in whole or in part with or through the Company or any of its affiliates; or (b) to do business with any other person, firm, partnership, corporation, limited liability company, or other entity which performs services
competitive to those provided by the Company or any of its affiliates . The foregoing restriction on post-employment conduct will apply only to solicitation for the purpose of selling or offering products or services that are similar to or which
compete with those products or services offered by the Company (or any of its affiliates) during the period of Executive’s employment. For purposes of this Article II, Section 3, “material contact” will be defined as any
communication intended or expected to develop or further a business relationship and customers about which Executive learned confidential information as a result of his employment. 

 

	4.	Developments. Executive agrees that all inventions, improvements, trade secrets, reports, manuals, computer programs, systems, tapes and other ideas and materials developed or invented by Executive during the
period of his employment with the Company, either solely or in collaboration with others, which relate to the actual or anticipated business or research of the Company, or any of its affiliates, which result from or are suggested by any work
Executive may perform, or which result from use of the Company’s premises or the Company’s or its customers’ property (collectively, the “Developments”) will be the sole and exclusive property of the Company. Executive
hereby assigns to the Company his entire right and interest in any Developments and will hereafter execute any documents in connection therewith that the Company may reasonably request. This Article II, Section 4 does not apply to any
inventions that Executive made prior to his employment by the Company, or to any inventions that Executive develops entirely on his own time without using any of the Company’s equipment, supplies, facilities or the Company’s or its
customers’ confidential information and which do not relate to the Company’s business, anticipated research and developments or the work Executive has performed for the Company or any of its affiliates. 

 

	5.	Non-Disparagement. During the term of Executive’s employment within the Company and thereafter, neither the Company nor Executive will, directly or indirectly, for
himself or on behalf of, or in conjunction with, any other person, persons, company, partnership, corporation, business entity or otherwise: 

  

	 	a.	Make any statements or announcements or permit anyone to make any public statements or announcements concerning Executive’s reasons for termination of employment with the Company without Executive’s consent,
or 

  
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	 	b.	Make any statements that are inflammatory, detrimental, slanderous, or negative in any way to the interests of the Company or its affiliated entities on the one hand, or Executive, on the other hand. 

ARTICLE III: GENERAL PROVISIONS 
  

	1.	Confidentiality and Non-Disclosure. 

  

	 	a.	Executive acknowledges that, in the course of Executive’s employment, Executive will have access to confidential information, trade secrets, knowledge or data relating to the Company and its businesses, including
but not limited to information disclosed to Executive, or known by Executive as a consequence of or through employment with the Company, where such information is not generally known in the trade or industry, and where such information refers or
relates in any manner whatsoever to the business activities, processes, services, or products of the Company, or any affiliates (“Confidential Information”). 

 

	 	b.	Confidential Information includes, but is not limited to, business and development plans (whether contemplated, initiated, or completed), mergers and acquisitions, pricing information, business contacts, sources of
supply, customer information (including customer lists, customer preferences, and sales history), methods of operation, results of analysis, customer lists (including advertising contacts), business forecasts, financial data, costs, revenues, and
similar information. 

  

	 	c.	Confidential Information is to be protected regardless of its format (tangible or intangible); thus, it includes information maintained in electronic form (such as e-mails,
computer files, or information on a cell phone, or other personal data device). Information that is in the public domain, other than as a result of a breach of this Agreement, will not constitute Confidential Information. 

 

	 	d.	Executive agrees that during his employment with the Company and during the two year period thereafter, Executive will not use or disclose, on Executive’s own behalf or on behalf of any other person or entity, any
Confidential Information to employees of the Company or third parties, who do not have a need-to-know such Confidential Information; provided, however,
that Executive may disclose Confidential Information during employment in the normal course of business. 

  

	 	e.	Executive agrees that the non-disclosure obligation contained in this Article III, Section 1, will extend longer than two years after termination of employment with respect
to any materials or information that constitutes a trade secret of the Company under applicable law, for the full period of time in which such materials or information remain a trade secret, if longer than two years. 

  
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	 	f.	Executive agrees to take all reasonable precautions to safeguard and prevent disclosure of Confidential Information to unauthorized persons or entities. 

 

	2.	Release. As a condition of receiving any severance payments under this Agreement, Executive must sign and not revoke, 60 days following the date of Executive’s termination of employment, a written release of
all employment claims against the Company and its related entities, including, without limitation, employment discrimination of any kind, wage payment, breach of contract, claims for workers compensation, unemployment, disability and severance
claims that Executive has or may have at the termination of employment. If such a general release described in the immediately preceding sentence has not been executed and delivered and become irrevocable on or before the end of such 60-day period, no severance payments will be or become payable under this Agreement. 

  

	3.	Intellectual Property. Executive agrees that Executive has no right to use, for the benefit of Executive or anyone other than the Company, any of the copyrights, trademarks, service marks, patents, and
inventions of the Company. 

  

	4.	Return of Property. Executive agrees that upon termination of employment or, prior to such termination at the request of the Company, Executive will return to the Company all documents, copies,
recordings of any kind, papers, computer records, and other material in Executive’s possession or under Executive’s control which may contain or be derived from Confidential Information, together with all other documents, notes, other work
product, and other material and property belonging or relating to the Company, and any tangible Company property, including any computer equipment, cell phone, pager, or other personal data device, keys or passcards. 

 

	5.	Injunctive Relief. Executive and the Company recognize that the services to be rendered by Executive hereunder are of a special, unique, unusual, and extraordinary character having a peculiar value, the
loss of which will cause the Company immediate and irreparable harm which cannot be adequately compensated in damages. Executive and the Company further recognize that disclosure of any Confidential Information or breach of the provisions of this
Agreement will give rise to immediate and irreparable injury to the Company that is inadequately compensable in damages. In the event of a breach or threatened breach of this Agreement, Executive agrees and consents that the Company will be entitled
to injunctive relief, both preliminary and permanent, without bond, and Executive will not raise the defense that the Company has an adequate remedy at law. In addition, the Company will be entitled to any other legal or equitable remedies as may be
available under law. The remedies provided in this Agreement will be deemed cumulative and the exercise of one will not preclude the exercise of any other remedy at law or in equity for the same event or any other event. 

  
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	6.	Successors. 

  

	 	a.	The Company will require any successor (whether direct or indirect, by purchase, merger, reorganization, consolidation, acquisition of property or stock, liquidation, or otherwise) of all or a significant portion of the
assets of the Company by agreement, in form and substance satisfactory to Executive, to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such
succession had taken place. Regardless of whether such agreement is executed, this Agreement will be binding upon any successor in accordance with the operation of law and such successor will be deemed the “Company” for purposes of this
Agreement. 

  

	 	b.	This Agreement will inure to the benefit of and be enforceable by Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If Executive dies
while any amount would still be payable to Executive hereunder had Executive continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to Executive’s devisee, legatee, or
other designee, or if there is no such designee, to Executive’s estate. 

  

	7.	Protected Rights. 

  

	 	a.	Notwithstanding any other provision of this Agreement, nothing contained in this Agreement limits Executive’s ability to file a charge or complaint with the Equal Employment Opportunity Commission, the National
Labor Relations Board, the Occupational Safety and Health Administration, the Securities and Exchange Commission or any other federal, state or local governmental agency or commission (collectively, “Government Agencies”), or prevents
Executive from providing truthful information in response to a lawfully issued subpoena or court order. Further, this Agreement does not limit Executive’s ability to communicate with any Government Agencies or otherwise participate in any
investigation or proceeding that may be conducted by any Government Agency, including providing documents or other information, without notice to the Company. 

  

	 	b.	Executive is hereby notified that under the Defend Trade Secrets Act: (i) no individual will be held criminally or civilly liable under federal or state trade secret law for disclosure of a trade secret (as defined
in the Economic Espionage Act) that is: (A) made in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney, and made solely for the purpose of reporting or investigating a suspected
violation of law; or, (B) made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal so that it is not made public; and (ii) an individual who pursues a lawsuit for retaliation by an
employer for reporting a suspected violation of the law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court proceeding, if the individual files any document containing the trade secret
under seal, and does not disclose the trade secret, except as permitted by court order. 

  
 13 

	8.	Miscellaneous. 

  

	 	a.	Employment Status. This Agreement is not, and nothing herein will be deemed to create, an employment contract between Executive and the Company or any of its subsidiaries. Executive understands and agrees that
Executive’s employment with the Company is at-will, which means that either Executive or the Company may, subject to the terms of this Agreement, terminate this Agreement at any time with or without cause
and with or without notice. Executive acknowledges that the rights of the Company remain wholly intact to change or reduce at any time and from time to time his compensation, title, responsibilities, location and all other aspects of
Executive’s employment relationship with the Company, or to discharge him (subject to such discharge possibly qualifying Executive for severance under Article I, Section 4 or 5). 

 

	 	b.	Agreement. This Agreement and the Executive Change in Control Severance Agreement between the Company and Executive dated January [    ], 2017 (the “Change in Control Agreement”)
contain the entire understanding of the Company and Executive with respect to the subject matter hereof and supersedes all prior agreements, understandings, negotiations, representations and statements, whether oral, written, implied or expressed,
relating to such subject matter. If severance benefits would be payable hereunder, and under any other Company-related severance plan, program, or award, and the Change in Control Agreement, the severance benefits payable under the Change in Control
Agreement will be paid pursuant to the terms thereof, and any other severance benefits provided under this Agreement or any such other plan, program or award will be forfeited. For the avoidance of doubt, the intent of the parties is to avoid
duplicative or double meaning in the event Executive is a party to multiple agreements that may be applicable in the event severance benefits become payable pursuant to a “Change in Control” as defined in the Change in Control Agreement.

  

	 	c.	Notices. All notices, requests, demands, and other communications hereunder will be sufficient if in writing and will be deemed to have been duly given if delivered by hand or if sent by registered or certified
mail to Executive at the last address he filed in writing with the Company or, in the case of the Company, at its principal office. 

  

	 	d.	Execution in Counterparts. This Agreement may be executed by the parties hereto in counterparts, each of which will be deemed to be original, but all such counterparts will constitute one and the same instrument,
and all signatures need not appear on any one counterpart. 

  

	 	e.	 Severability. In the event any provision of this Agreement will be held illegal or invalid for any reason,
the illegality or invalidity will not affect the remaining parts of the Agreement, and the Agreement will be construed and enforced as if 

  
 14 

	 	
the illegal or invalid provision had not been included. Further, the captions of this Agreement are not part of the provisions hereof and will have no force and effect. Notwithstanding any other
provisions of this Agreement to the contrary, the Company will have no obligation to make any payment to Executive hereunder to the extent, but only to the extent, that such payment is prohibited by the terms of any final order of a federal or state
court or regulatory agency of competent jurisdiction; provided, however, that such an order will not affect, impair, or invalidate any provision of this Agreement not expressly subject to such order. 

 

	 	f.	Modification. No provision of this Agreement may be modified, waived, or discharged unless such modification, waiver, or discharge is agreed to in writing and signed by Executive and by a member of the Board, as
applicable, or by the respective parties’ legal representatives or successor, except as provided in Article I, Section 9(c). 

  

	 	g.	Applicable Law. To the extent not preempted by the laws of the United States, the laws of the state of Georgia will be the controlling law in all matters relating to this Agreement without giving effect to
principles of conflicts of laws. 

  

	 	h.	Consent to Forum. Executive expressly consents and submits that the exclusive jurisdiction for any controversy, dispute, or claim between the parties arising out of or relating to this Agreement or
Executive’s employment with Executive that are not required to be submitted to arbitration pursuant to Article IV of this Agreement (such as claims for injunctive or equitable relief described in Article III, Section 5 of this Agreement)
will be the courts in the state of Georgia. Executive expressly consents to the exercise of personal jurisdiction over Executive by the courts in the state of Georgia. Executive hereby waives, to the fullest extent permitted by applicable law, any
objection or defense that a Georgia court does not have personal jurisdiction over Executive, is an improper venue, or constitutes an inconvenient forum. 

  

	 	i.	Indemnification. During the term of this Agreement and thereafter, the Company shall indemnify Executive and hold Executive harmless from and against any claim, loss or cause of action arising from or out of
Executive’s performance as an officer, director or employee of the Company or any of its subsidiaries or other affiliates or in any other capacity, including any fiduciary capacity, in which Executive serves at the Company’s request, in
each case to the maximum extent permitted by law and under the Company’s Certificate of Incorporation and Bylaws. 

  
 15 

 ARTICLE IV: DISPUTE RESOLUTION; MUTUAL AGREEMENT TO ARBITRATE 

 

	1.	Executive and the Company agree that, except as otherwise provided in this Agreement, final and binding arbitration will be the exclusive remedy for any controversy, dispute, or claim arising out of or relating
to this Agreement or Executive’s employment with the Company, including Executive’s hire, treatment in the workplace, or termination of employment. For example, if Executive’s employment with the Company is terminated and he contends
that the termination violates any statute, contract or public policy, then Executive will submit the matter to arbitration for resolution, in lieu of any court or jury trial to which Executive would otherwise might be entitled. 

 

	2.	This Article covers all common-law and statutory claims, including, but not limited to, any claim for breach of contract (including this Agreement) and for violation of
laws forbidding discrimination on the basis of race, sex, color, religion, age, national origin, disability, or any other basis covered by applicable federal, state, or local law, and includes claims against the Company and/or any parents,
affiliates, owners, officers, directors, employees, agents, general partners or limited partners of the Company, to the extent such claims involve, in any way, this Agreement or Executive’s employment with the Company. This Article covers all
judicial claims that could be brought by either party to this Agreement, but does not cover administrative claims for workers’ compensation or unemployment compensation benefits or the filing of charges with government agencies that prohibit
waiver of the right to file a charge, and does not preclude either party to the Agreement from seeking emergency injunctive relief in the courts as provided for in Article III, Sections 5 and 7(h). 

 

	3.	The arbitration will be governed by JAMS Employment Arbitration Rules and Procedure except as modified herein. If the party chooses to have the arbitration proceeding administered by a third party, then the
arbitration will be administered by JAMS. If the party chooses to have the arbitration administered by JAMS, then the arbitration will “commence” in accordance with the JAMS Employment Arbitration Rules and Procedure. If the party chooses
to have this matter arbitrated privately, then the arbitration will be deemed to “commence” on the date that the party, pursuant to Article III, Section 7(c), provides a demand for arbitration and notice of claims and remedies sought
outlining the facts relied upon, legal theories, and statement of claimed relief (“Demand”). The responding party will serve a response to the claims and any counterclaims within 15 business days from the date of receipt of the Demand.

  

	4.	Any arbitration will be held in Atlanta, Georgia (unless the parties mutually agree in writing to another location within the United States) within 120 days of the commencement of the arbitration.

  

	5.	The arbitration will take place before a single arbitrator to be appointed by mutual agreement of counsel for each party or, if counsel cannot agree, then pursuant to the procedures set forth by JAMS. The parties
may not have any ex parte communications with the arbitrator. 

  

	6.	The arbitrator may award any relief otherwise available to the parties by law or equity. 

  
 16 

	7.	The parties are limited to two depositions per side, and limited written discovery as may be required by the arbitrator, not to exceed that allowed under the Federal Rules of Civil Procedure. 

 

	8.	Any hearing in this matter will be completed within 120 days of the date of commencement of the arbitration, as the term “commencement” is defined by JAMS. The arbitrator will issue its award within 30
days of the last hearing day. 

  

	9.	Unless Executive objects, the Company will pay the arbitrator’s fees. Each party will pay its own costs and attorneys’ fees, if any, unless the arbitrator rules otherwise. A court may enter judgment
upon the arbitrator’s award, either by confirming the award, or vacating, modifying or correcting the award, on any ground referred to in the Federal Arbitration Act, or where the findings of fact are not supported by substantial evidence, or
where the conclusions of law are erroneous. 

  

	10.	The provisions of this Article are severable, meaning that if any provision in this Article IV is determined to be unenforceable and cannot be reformed under applicable law, the remaining provisions will remain
in full effect, provided however, that any amendment of an unenforceable provision will only be to the extent necessary and will preserve the intent of the parties hereto. It is agreed and understood that the scope of this Article, including
questions of arbitrability of any dispute, will be determined by the arbitrator. 

  

	11.	Executive acknowledges that prior to accepting the provisions of this Article IV and signing this Agreement, Executive has been given an opportunity to consult with an attorney and to review the JAMS Employment
Arbitration Rules and Procedure that would govern the dispute resolution process under this Article. In signing this Agreement, the parties acknowledge that the right to a court trial and trial by jury is of value, and knowingly and voluntarily
waive such right for any dispute subject to the terms of this Article. 

 [Signature Page Follows] 

  
 17 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.

  

			
	MUELLER WATER PRODUCTS, INC.
		
	By:	 	 /s/ Gregory E. Hyland

		 	Gregory E. Hyland, for the Board of Directors
	
	EXECUTIVE
	
	 /s/ John Scott Hall

	John Scott HallExhibit 10.3

 Exhibit 10.3 

Execution Version 
  

 
 EXECUTIVE CHANGE IN CONTROL SEVERANCE AGREEMENT 

THIS EXECUTIVE CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made as of the 4th day of January, 2017 by and between Mueller Water Products, Inc. (the “Company”) and John Scott Hall (the “Executive”). Executive acknowledges and represents that any and all
prior agreements for change in control severance are terminated and replaced entirely by this Agreement. 
 WHEREAS, as set forth in Section
2(a) of the Executive’s Employment Agreement with the Company, dated as of January 4, 2017, the Executive will commence employment with the Company as of a date to be mutually agreed by the Executive and the Company (such commencement date
being referred to herein as the “Effective Date”); and 
 WHEREAS, the Company is desirous of assuring insofar as possible, that
it will continue to have the benefit of the Executive’s services; and the Executive is desirous of having such assurances; and 

WHEREAS, the Company recognizes that circumstances may arise in which a Change in Control of the Company occurs, through acquisition or
otherwise, thereby causing uncertainty of employment without regard to the Executive’s competence or past contributions. Such uncertainty may result in the loss of the valuable services of the Executive to the detriment of the Company and its
shareholders; and 
 WHEREAS, both the Company and the Executive are desirous that any proposal for a Change in Control or acquisition will
be considered by the Executive objectively and with reference only to the business interests of the Company and its shareholders; and 

WHEREAS, the Executive will be in a better position to consider the Company’s best interests if the Executive is afforded reasonable
security, as provided in this Agreement, against altered conditions of employment which could result from any such Change in Control or acquisition. 

 NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants and agreements of
the parties set forth in this Agreement, and of other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, agree as follows: 

ARTICLE I.    DEFINITIONS 

Wherever used in this Agreement, the following terms shall have the meanings set forth below and, when the meaning is intended, the initial
letter of the word is capitalized: 
  

	 	(a)	“Agreement” means this Executive Change in Control Severance Agreement. 

  

	 	(b)	“Base Salary” means, at any time, the then regular annual rate of pay which the Executive is receiving as annual salary, excluding amounts: (i) received under short-term or long-term
incentive or other bonus plans, regardless of whether or not the amounts are deferred, or (ii) designated by the Company as payment toward reimbursement of expenses. 

 

	 	(c)	“Beneficial Owner” shall have the meaning ascribed to such term in Rule 13d-3 of the General Rules and Regulations under the Exchange Act.

  

	 	(d)	“Board” means the Board of Directors of the Company. 

  

	 	(e)	“Cause” shall be determined solely by the Committee in the exercise of good faith and reasonable judgment, and shall mean the occurrence of any one or more of the following: 

 

	 	(i)	The Executive’s conviction or guilty plea of a felony or conviction or guilty plea of any crime involving fraud or dishonesty; 

  

	 	(ii)	The Executive’s theft or embezzlement of property from the Company; 

  

	 	(iii)	The Executive’s willful and continued refusal to perform the duties of his position in all material respects (other than any such failure resulting from the Executive’s incapacity due to physical or mental
illness), that continues for more than 15 business days after the Company gives the Executive written notice of the failure, specifying what duties the Executive failed to perform and an opportunity to cure; 

 

	 	(iv)	The Executive’s fraudulent preparation of financial information of the Company; 

  

	 	(v)	The Executive’s willful engagement in conduct that is demonstrably and materially injurious to the Company, monetarily or otherwise, provided that no act or failure to act on the Executive’s part shall be
deemed “willful” unless done, or omitted to be done, by the Executive not in good faith and without reasonable belief that the action or omission was in the best interests of the Company; or 

  
 2 

	 	(vi)	The Executive’s willful violation of material Company policies or procedures, including but not limited to, the Company’s Code of Business Conduct and Ethics and Compliance Program (or any successor policy)
then in effect. 

  

	 	(f)	“Change in Control” of the Company shall mean the occurrence of any one or more of the following events: 

 

	 	(i)	Any Person (other than the Company or any corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company, and any trustee
or other fiduciary holding securities under an employee benefit plan of the Company or such proportionately owned corporation) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing more than 30% of the
combined voting power of the Company’s then outstanding securities; 

  

	 	(ii)	During any period of not more than 36 consecutive months, individuals who at the beginning of such period constitute the Board, and any new director whose election by the Board or nomination for election by the
Company’s stockholders was approved by a vote of at least a majority (rounded up to the nearest whole number) of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for
election was previously so approved, cease for any reason to constitute at least a majority thereof; 

  

	 	(iii)	The consummation of a merger or consolidation of the Company with any other corporation or entity, other than: (i) a merger or consolidation which would result in the voting securities of the Company outstanding
immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) more than 66-2/3% of the combined voting power of the voting securities of the Company or such
surviving entity outstanding immediately after such merger or consolidation; or (ii) a merger or consolidation effected to implement a recapitalization of the Company (or similar transaction) in which no Person acquires more than 30% of the
combined voting power of the Company’s then outstanding securities; or 

  

	 	(iv)	The Company’s stockholders approve a plan or an agreement for the sale or disposition by the Company of all or substantially all of the Company’s assets (or any transaction or series of transactions having a
similar effect). 

  
 3 

	 	(g)	“Code” means the Internal Revenue Code of 1986, as amended. 

  

	 	(h)	“Committee” means the Compensation Committee of the Board, or, if no Compensation Committee exists, then the full Board, or a committee of Board members, as appointed by the full Board to administer
this Agreement. 

  

	 	(i)	“Company” means Mueller Water Products, Inc. a Delaware corporation (including any and all subsidiaries), or any successor thereto as provided in Article 9 herein. 

 

	 	(j)	“Disability” or “Disabled” means that the Executive has been physically or mentally incapacitated so as to render the Executive incapable of performing the essential functions of any
substantial gainful activity, or the Executive has received income replacement benefits under a Company plan for at least three months, and, in either instance, that incapacity is expected to result in death or to last for a continuous period of at
least 12 months. The Executive’s receipt of disability benefits under the Company’s long-term disability plan or receipt of Social Security disability benefits shall be deemed conclusive evidence of Disability for purposes of this
Agreement. 

  

	 	(k)	“Effective Date of Termination” means the date on which a Qualifying Termination occurs, as provided in Section 2.2 herein, which triggers the payment of Severance Benefits
hereunder. 

  

	 	(l)	“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

  

	 	(m)	“Federal Funds Rate” shall mean the “Federal Funds Rate” as published by The Wall Street Journal. 

 

	 	(n)	“Good Reason” means, without the Executive’s express written consent, the occurrence after a Change in Control of the Company of any one or more of the following: 

 

	 	(i)	An action by the Company resulting in a material diminution in the Executive’s authority, duties, or responsibilities from those in effect as of 90 calendar days prior to the Change in Control; 

 

	 	(ii)	The Company’s relocation of the Executive’s principal place of employment to a location outside a 50-mile radius of Atlanta, Georgia; 

 

	 	(iii)	A material reduction by the Company of the Executive’s Base Salary in effect on the Effective Date, or as the same shall be increased from time to time; 

  
 4 

	 	(iv)	The failure of the Company to continue in effect any of the Company’s short- and long-term incentive compensation plans, or employee benefit or retirement plans, policies, practices, or other compensation
arrangements in which the Executive participates unless such failure to continue the plan, policy, practice, or arrangement pertains to all plan participants generally; or the failure by the Company to continue the Executive’s participation
therein on substantially the same basis, both in terms of the amount of benefits provided and the level of the Executive’s participation relative to other participants, as existed immediately prior to the Change in Control of the Company;

  

	 	(v)	The failure of the Company to obtain a satisfactory agreement from any successor to the Company to assume and agree to perform the Company’s obligations under this Agreement, as contemplated in Article 9 herein;
and 

  

	 	(vi)	A material breach of this Agreement; 

 provided, however, that none of the events
described in this sentence shall constitute Good Reason unless and until (v) the Executive reasonably determines in good faith that a Good Reason condition has occurred, (w) the Executive first notifies the Company in writing describing in
reasonable detail the condition which constitutes Good Reason within 30 days of its occurrence, (x) the Company fails to cure such condition within 30 days after the Company’s receipt of such written notice, and the Executive has
cooperated in good faith with the Company’s efforts to cure such condition, (y) notwithstanding such efforts, the Good Reason condition continues to exist, and (z) the Executive terminates his employment within 30 days after the end
of such 30-day cure period. If the Company cures the Good Reason condition during such cure period, Good Reason shall be deemed not be have occurred. 

The Executive’s continued employment shall not constitute consent to, or a waiver of rights with respect to, any circumstance
constituting Good Reason herein. 
  

	 	(o)	“Notice of Termination” shall mean a written notice which shall indicate the specific termination provision in this Agreement relied upon, and shall set forth in reasonable detail the
facts and circumstances claimed to provide a basis for termination of the Executive’s employment under the provision so indicated. 

  

	 	(p)	 “Notice of Termination for Good Reason” shall mean a notice
that (i) indicates the specific termination provision or provisions relied upon, (ii) sets forth in reasonable detail the facts and circumstances claimed to provide a basis for Termination for Good Reason and (iii) indicates a date

  
 5 

	 	
of termination of employment. The failure by the Executive to set forth in the Notice of Termination for Good Reason any facts or circumstances which contribute to the showing of Good Reason
shall not waive any right of the Executive hereunder or preclude the Executive from asserting such fact or circumstance in enforcing his rights hereunder. The Notice of Termination for Good Reason shall provide for a date of termination of
employment not less than 30, nor more than 60 days after the date such Notice of Termination for Good Reason is given, provided that in the case of the events set forth in Article 1, Section (o) (i) or (ii), the date may be not less than 20
days after the giving of such notice. 

  

	 	(q)	“Person” shall have the meaning ascribed to such term in Section 3(a)(9) of the Exchange Act and used in Sections 13(d) and 14(d) thereof, including a “group” as defined in Section 13(d).

  

	 	(r)	“Qualifying Termination” means the Executive’s “separation from service” (as such term is used in Code Section 409A) upon any of the events described in Section 2.2
herein, the occurrence of which triggers the payment of Severance Benefits hereunder. 

  

	 	(s)	“Severance Benefits” shall mean the payment of severance compensation as provided in Section 2.3 herein. 

ARTICLE II.    SEVERANCE BENEFITS 

2.1    Right to Severance Benefits. Executive shall be entitled to receive from the
Company Severance Benefits as described in Section 2.3 herein, if there has been a Change in Control of the Company and if, within 24 calendar months thereafter, the Executive’s employment with the Company shall end for any reason
specified in Section 2.2 herein as being a Qualifying Termination. 
 The Executive shall not be entitled to receive Severance Benefits
if he is terminated for Cause, or if his employment with the Company ends due to death, Disability, voluntary normal retirement (as defined under the then established rules of the Company’s tax-qualified retirement plan), or due to a voluntary
termination of employment for reasons other than as specified in Section 2.2 herein. 
 If benefits are triggered hereunder, and under
another Company-related severance plan or program, or an employment agreement between the Company and the Executive, the benefits under this Agreement shall be paid under the terms hereof, and any duplicative benefits under such other plan or
program shall be forfeited. 
 2.2    Qualifying Termination. The occurrence of any one of the
following events within 24 calendar months after a Change in Control of the Company shall trigger the payment of Severance Benefits to the Executive under this Agreement: 
  

	 	(a)	The Company’s involuntary termination of the Executive’s employment without Cause; and 

  
 6 

	 	(b)	The Executive’s voluntary employment termination for Good Reason. 

 For purposes of this
Agreement, a Qualifying Termination shall not include a termination of employment by reason of death, Disability, or voluntary normal retirement (as such term is defined under the then established rules of the Company’s tax-qualified retirement
plan), the Executive’s voluntary termination for reasons other than as specified in this Section 2.2 herein, or the Company’s involuntary termination for Cause. 

2.3    Description of Severance Benefits. In the event the Executive becomes entitled
to receive Severance Benefits, as provided in Sections 2.1 and 2.2 herein, the Company shall pay to the Executive and provide him with the following Severance Benefits: 
  

	 	(a)	A lump-sum amount equal to the Executive’s unpaid Base Salary, accrued vacation pay, unreimbursed business expenses, and all other items earned by and owed to the Executive through and including the Effective Date
of Termination. This amount shall be paid in accordance with the Company’s normal payroll procedures. 

  

	 	(b)	A lump-sum amount equal to the Executive’s annual bonus award earned as of the Effective Date of Termination, based on actual
year-to-date performance, as determined at the Committee’s discretion (excluding any special bonus payments). This payment will be in lieu of any other payment to
be made to the Executive under the annual bonus plan in which the Executive is then participating for the plan year. 

  

	 	(c)	 An aggregate amount equal to 1-1/2 multiplied by the sum of the
following: (i) the higher of: (A) the Executive’s annual rate of Base Salary in effect upon the Effective Date of Termination, or (B) the Executive’s annual rate of Base Salary in effect on the date of the Change in Control;
and (ii) the average of the actual annual bonus earned (whether or not deferred) by the Executive under the annual bonus plan (excluding any special bonus payments) in which the Executive participated in the 3 years preceding the year in
which the Executive’s Effective Date of Termination occurs. If the Executive has less than 3 years of annual bonus participation preceding the year in which the Executive’s Effective Date of Termination occurs, then the
Executive’s annual target bonus established under the annual bonus plan in which the Executive is then participating for the bonus plan year in which the Executive’s Effective Date of Termination occurs shall be used for each year that the
Executive did not participate in the annual bonus plan, up to a maximum of three years, to calculate the three year average bonus payment. Payments shall be made in 18-monthly installments. The first
installment shall be equal to 1/18th of the aggregate amount, and shall be paid on the 60th day following the Effective Date of Termination,
and subsequent installments shall be paid 

  
 7 

	 	
on the last business day of each succeeding month; provided that Executive’s entitlement to each such installment shall be contingent upon execution (and
non-revocation) by Executive of a release as described in Section 10.1 before the payment date under this Agreement for each such installment. Each monthly installment thereafter shall increase by a
percentage equal to 1/12th of the Federal Funds rate in effect on the last day of the month preceding payment. All payments are subject to applicable taxes. 

 

	 	(d)	A lump-sum amount equal to 1/2 multiplied by the sum of the following: (i) the higher of: (A) the Executive’s annual rate of Base Salary in effect upon the
Effective Date of Termination, or (B) the Executive’s annual rate of Base Salary in effect on the date of the Change in Control; and (ii) the average of the actual annual bonus earned (whether or not deferred) by the Executive under
the annual bonus plan (excluding any special bonus payments) in which the Executive participated in the three years preceding the year in which the Executive’s Effective Date of Termination occurs. If the Executive has less than three years of
annual bonus participation preceding the year in which the Executive’s Effective Date of Termination occurs, then the Executive’s annual target bonus established under the annual bonus plan in which the Executive is then participating for
the bonus plan year in which the Executive’s Effective Date of Termination occurs shall be used for each year that the Executive did not participate in the annual bonus plan, up to a maximum of three years, to calculate the three year average
bonus payment. Such amount shall be in consideration for the Executive entering into a noncompete agreement as described in Article 4 herein. 

  

	 	(e)	[Intentionally Omitted] 

  

	 	(f)	Upon the occurrence of a Change in Control, an immediate full vesting and lapse of all restrictions on any and all outstanding equity-based long-term incentives, including but not limited to stock options and restricted
stock awards held by the Executive. This provision shall override any conflicting language contained in the Executive’s respective Award Agreements. 

  

	 	(g)	To the extent that Executive’s employer contribution account, other than for matching contributions, in the Mueller Group, LLC Retirement Savings Plan No. 1 (“RSP”) is forfeited upon termination of
employment, a lump sum amount equal to the amounts forfeited under the RSP will be paid, subject to applicable taxes, during the 60 day period following the Effective Date of Termination. 

 

	 	(h)	 Continuation for 24 months of the Executive’s medical insurance and life insurance coverage. These benefits
shall be provided by the Company to the Executive beginning immediately upon the Effective Date of 

  
 8 

	 	
Termination. Such benefits shall be provided to the Executive at the same coverage level and cost to the Executive as in effect immediately prior to the Executive’s Effective Date of
Termination. 

 The Executive shall qualify for full COBRA health benefit continuation coverage beginning upon the expiration
of the aforementioned 24 month period. 
 Notwithstanding the above, these medical and life insurance benefits shall be discontinued prior
to the end of the stated continuation period in the event the Executive receives substantially similar benefits from a subsequent employer, as determined solely by the Committee in good faith. For purposes of enforcing this offset provision, the
Executive shall be deemed to have a duty to keep the Company informed as to the terms and conditions of any subsequent employment and the corresponding benefits earned from such employment, and shall provide, or cause to provide, to the Company in
writing correct, complete, and timely information concerning the same. 
  

	 	(i)	From Executive’s date of termination of employment until the earlier of (i) 24 months following such date of termination or (ii) the date immediately prior to the date of Executive’s employment with a
subsequent employer, the Company will provide Executive with outplacement services from a nationally recognized outplacement firm selected by Executive, subject to the limits described in this subsection. The aggregate amount paid by the Company for
outplacement services will not exceed an amount equal to 35% of Executive’s annual rate of base salary as of the date of termination of employment (the “Total Outplacement Value”). Further, the cost for such services paid by the
Company during any calendar year will not exceed the number of months in that calendar year during which the Executive is entitled to this benefit multiplied by 1/24th of the Total Outplacement
Value Termination for Total and Permanent Disability. Following a Change in Control, if the Executive’s employment is terminated with the Company due to Disability, the Executive’s benefits shall be determined in accordance with the
Company’s retirement, insurance, and other applicable plans and programs then in effect. 

2.4    Termination for Retirement or Death. Following a Change in Control, if
the Executive’s employment with the Company is terminated by reason of his voluntary normal retirement (as defined under the then established rules of the Company’s tax-qualified retirement plan), or death, the Executive’s benefits
shall be determined in accordance with the Company’s retirement, survivor’s benefits, insurance, and other applicable programs then in effect. 

2.5    Termination for Cause or by the Executive Other
Than for Good Reason. Following a Change in Control, if the Executive’s employment is terminated either: (i) by the Company for Cause; or (ii) voluntarily by the Executive for reasons other than as
specified in 

  
 9 

 
Section 2.2(b) herein, the Company shall pay the Executive his full Base Salary at the rate then in effect, accrued vacation, and other items earned by and owed to the Executive through the
Effective Date of Termination, plus all other amounts to which the Executive is entitled under any compensation plans of the Company at the time such payments are due, and the Company shall have no further obligations to the Executive under this
Agreement. 
 2.6    Notice of Termination. Any termination of the Executive’s
employment by the Company for Cause shall be communicated by Notice of Termination to the other party. Termination by the Executive for Good Reason requires delivery of a Notice of Termination by Executive for Good Reason given to the Company’s
Senior Vice President of Human Resources within 90 days of the occurrence of the event giving rise to the Notice, unless such circumstances are substantially corrected prior to the date of termination specified in the Notice of Termination for Good
Reason. 
 ARTICLE III.    FORM AND TIMING OF SEVERANCE BENEFITS 

3.1    Form and Timing of Severance Benefits. Payments shall be made in
cash. Notwithstanding anything to the contrary herein, if Executive is a “specified employee” under Section 409A of the Code (“Section 409A”), then any payment(s) to the Executive described under Section 2.3 herein upon his
or her termination of employment that (A) constitute “deferred compensation” to an Executive under Section 409A; (B) are not exempt from Section 409A on account of separation of service (within the meaning of Section 409A) and
(C) are otherwise payable within 6 months after Executive’s termination of employment shall instead be made on the date 6 months and 1 day after such termination of employment, and such payment(s) shall be increased by an amount equal to
interest on such payment(s) at a rate of interest equal to the Federal Funds Rate in effect as of the date of termination of employment from the date on which such payment(s) would have been made in the absence of this provision and the payment date
described in this sentence. The Executive’s right to receive any installment payments shall be treated as a right to receive a series of separate and distinct payments. In no event may the Executive, directly or indirectly, designate the
calendar year of any payment to be made under this Agreement, to the extent such payment is subject to Code Section 409A. 

3.2    Reimbursements and In-Kind Benefits. Any reimbursements and in-kind benefits provided under this Agreement that constitute deferred compensation within the meaning of Code Section 409A shall be made or provided in accordance with the requirements of Code Section 409A,
including, without limitation, that (i) in no event shall any fees, expenses or other amounts eligible to be reimbursed by the Company under this Agreement be paid later than the last day of the calendar year next following the calendar year in
which the applicable fees, expenses or other amounts were incurred; (ii) the amount of expenses eligible for reimbursement, or in-kind benefits that the Company is obligated to pay or provide, in any
given calendar year shall not affect the expenses that the Company is obligated to reimburse, or the in-kind benefits that the Company is obligated to pay or provide, in any other calendar year, provided that
the foregoing clause (ii) shall not be violated with regard to expenses reimbursed under any arrangement covered by Code Section 105(b) solely because such expenses are subject to a limit related to the period the arrangement is in effect;
(iii) the Executive’s right to have the Company pay or provide such reimbursements and in-kind benefits may not be liquidated or exchanged for any other benefit; and (iv) in no event shall the
Company’s obligations to make such reimbursements or to provide such in-kind benefits apply later than the Executive’s remaining lifetime 

  
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 3.3    Withholding of Taxes. The Company shall
withhold from any amounts payable under this Agreement all federal, state, city, or other taxes as legally shall be required. The Company does not guarantee any particular tax treatment or outcome for Executive. 

ARTICLE IV.    NONCOMPETITION AND CONFIDENTIALITY 

In the event the Executive becomes entitled to receive Severance Benefits as provided in Section 2.3 herein, the following shall apply:

  

	 	(a)	Noncompetition. During the term of employment and for a period of 12 months after the Effective Date of Termination, the Executive shall not: (i) directly or indirectly act in concert or conspire with any
person employed by the Company in order to engage in or prepare to engage in or to have a financial or other interest in any business or any activity which he knows (or reasonably should have known) to be directly competitive with the business of
the Company as then being carried on; or (ii) serve as an employee, agent, partner, shareholder, director or consultant for, or in any other capacity participate, engage, or have a financial or other interest in any business or any activity
which he knows (or reasonably should have known) to be directly competitive with the business of the Company as then being carried on (provided, however, that notwithstanding anything to the contrary contained in this Agreement, the Executive may
own up to two percent of the outstanding shares of the capital stock of a company whose securities are registered under Section 12 of the Securities Exchange Act of 1934). 

 

	 	(b)	Confidentiality. The Company has advised the Executive and the Executive acknowledges that it is the policy of the Company to maintain as secret and confidential all Protected Information (as defined below), and
that Protected Information has been and will be developed at substantial cost and effort to the Company. All Protected Information shall remain confidential permanently and no Executive shall at any time, directly or indirectly, divulge, furnish, or
make accessible to any person, firm, corporation, association, or other entity (otherwise than as may be required in the regular course of the Executive’s employment with the Company), nor use in any manner, either during the term of employment
or after termination, at any time, for any reason, any Protected Information, or cause any such information of the Company to enter the public domain. 

For purposes of this Agreement, “Protected Information” means trade secrets, confidential and proprietary business information of
the Company, and any other information of the Company, including, but not limited to, customer lists (including potential customers), sources of 

  
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supply, processes, plans, materials, pricing information, internal memoranda, marketing plans, internal policies, and products and services which may be developed from time to time by the Company
and its agents or employees, including the Executive; provided, however, that information that is in the public domain (other than as a result of a breach of this Agreement), approved for release by the Company or lawfully obtained from third
parties who are not bound by a confidentiality agreement with the Company, is not Protected Information. 
  

	 	(c)	Nonsolicitation. During the term of employment and for a period of 12 months after the Effective Date of Termination, the Executive shall not employ or retain or solicit for employment or arrange to have any
other person, firm, or other entity employ or retain or solicit for employment or otherwise participate in the employment or retention of any person who is an employee or consultant of the Company. 

 

	 	(d)	Cooperation. Executive agrees to cooperate with the Company and its attorneys in connection with any and all lawsuits, claims, investigations, or similar proceedings that have been or could be asserted at any
time arising out of or related in any way to Executive’s employment by the Company or any of its subsidiaries. 

  

	 	(e)	Nondisparagement. At all times, the Executive agrees not to disparage the Company or otherwise make comments harmful to the Company’s reputation. 

ARTICLE V.    PROTECTED RIGHTS 

5.1    Notwithstanding any other provision of this Agreement, nothing contained in this Agreement limits
Executive’s ability to file a charge or complaint with the Equal Employment Opportunity Commission, the National Labor Relations Board, the Occupational Safety and Health Administration, the Securities and Exchange Commission or any other
federal, state or local governmental agency or commission (collectively, “Government Agencies”), or prevents Executive from providing truthful information in response to a lawfully issued subpoena or court order. Further, this Agreement
does not limit Executive’s ability to communicate with any Government Agencies or otherwise participate in any investigation or proceeding that may be conducted by any Government Agency, including providing documents or other information,
without notice to the Company. 
 5.2    Executive is hereby notified that under the Defend Trade Secrets Act:
(i) no individual will be held criminally or civilly liable under federal or state trade secret law for disclosure of a trade secret (as defined in the Economic Espionage Act) that is: (A) made in confidence to a federal, state, or local
government official, either directly or indirectly, or to an attorney, and made solely for the purpose of reporting or investigating a suspected violation of law; or, (B) made in a complaint or other document filed in a lawsuit or other
proceeding, if such filing is made under seal so that it is not made public; and (ii) an individual who pursues a lawsuit for retaliation by an employer for reporting a suspected violation of the law may disclose

  
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the trade secret to the attorney of the individual and use the trade secret information in the court proceeding, if the individual files any document containing the trade secret under seal, and
does not disclose the trade secret, except as permitted by court order. 
 ARTICLE VI.    THE COMPANY’S PAYMENT OBLIGATION

 6.1    Payment Obligations Absolute. The Company’s obligation to make the
payments and the arrangements provided for herein shall be absolute and unconditional, and shall not be affected by any circumstances including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may
have against the Executive or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company shall not seek to recover all or any
part of such payment from the Executive or from whomsoever may be entitled thereto, for any reasons whatsoever. 
 The Executive shall not
be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of the Company’s
obligations to make the payments and arrangements required to be made under this Agreement, except to the extent provided in Sections 2.3(g) and 2.3(h) herein. 

6.2    Contractual Rights to Benefits. This Agreement establishes and vests in the
Executive a contractual right to the benefits to which he is entitled hereunder. However, nothing herein contained shall require or be deemed to require, or prohibit or be deemed to prohibit, the Company to segregate, earmark, or otherwise set aside
any funds or other assets, in trust or otherwise, to provide for any payments to be made or required hereunder. 

6.3    Clawback. Notwithstanding anything herein to the contrary and only to the extent required by law, if
the Company is required to prepare an accounting restatement due to the material noncompliance of the Company, as a result of misconduct, with any financial reporting requirement under applicable securities laws or regulations of any stock exchange,
Executive agrees to reimburse the Company for (a) any Severance Benefits received by Executive from the Company during the 12-month period following the first public issuance or filing with the Securities
and Exchange Commission (whichever first occurs) of the document(s) embodying such financial reporting requirement and (b) any profits realized from the sale of securities of the Company during that
12-month period. The Compensation Committee of the Board shall have the exclusive authority to interpret and enforce this provision. 

ARTICLE VII.    TERM OF AGREEMENT 

This Agreement will commence on the Effective Date and shall continue in effect for two full years. However, at the end of such two year period
and, if extended, at the end of each additional year thereafter, the term of this Agreement shall be extended automatically for one (1) additional year, unless either party delivers written notice six months prior to the end of such term, or
extended term, stating that the Agreement will not be extended. In such case, the Agreement will terminate at the end of the term, or extended term, then in progress. 

  
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 However, in the event of a Change in Control of the Company, the term of this Agreement shall
automatically be extended for two years from the date of the Change in Control. 
 ARTICLE VIII.    LEGAL REMEDIES 

8.1    Payment of Legal Fees. If Executive incurs reasonable legal fees or other
expenses (including expert witness and accounting fees) on or after the date of the Company’s announcement of a Change in Control and within a reasonable time after the Change in Control occurs, in an effort to interpret this Agreement or to
secure, preserve, establish entitlement to, or obtain benefits under this Agreement (including the fees and other expenses of Executive’s legal counsel), the Company shall, regardless of the outcome of such effort, reimburse Executive on a
current basis for such fees and expenses. Reimbursement of legal fees and expenses shall be made monthly within ten days after Executive’s written submission of a request for reimbursement together with evidence that such fees and expenses were
incurred. If Executive does not prevail (after exhaustion of all available judicial remedies) in respect of a claim by Executive or by the Company hereunder, and the Company establishes before a court of competent jurisdiction, by clear and
convincing evidence, that Executive had no reasonable basis for his claim hereunder, or for his response to the Company’s claim hereunder, or acted in bad faith, no further reimbursement for legal fees and expenses shall be due to Executive in
respect of such claim and Executive shall refund any amounts previously reimbursed hereunder with respect to such claim. Notwithstanding the foregoing, any reimbursement payment must be paid to Executive by the end of the calendar year next
following the calendar year in which the Executive incurs the related fees or expenses. 
 8.2    Dispute Resolution;
Mutual Agreement to Arbitrate. 
 (a)    Executive and the Company agree that, except as otherwise provided in this
Agreement, final and binding arbitration shall be the exclusive remedy for any controversy, dispute, or claim arising out of or relating to this Agreement or Executive’s employment with the Company, including Executive’s hire, treatment in
the workplace, or termination of employment. For example, if Executive’s employment with the Company is terminated and he contends that the termination violates any statute, contract or public policy, then Executive will submit the matter to
arbitration for resolution, in lieu of any court or jury trial to which Executive would otherwise might be entitled. 

(b)    This Section covers all common law and statutory claims, including, but not limited to, any claim for breach of
contract (including this Agreement) and for violation of laws forbidding discrimination on the basis of race, sex, color, religion, age, national origin, disability, or any other basis covered by applicable federal, state, or local law, and includes
claims against the Company and/or any parents, affiliates, owners, officers, directors, employees, agents, general partners or limited partners of the Company, to the extent such claims involve, in any way, this Agreement or Executive’s
employment with the Company. This Section covers all judicial claims that could be brought by either party to this Agreement, but does not cover administrative claims for workers’ compensation or unemployment compensation benefits or the filing
of charges with government agencies that prohibit waiver of the right to file a charge. 

  
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 (c)    The arbitration shall be governed by JAMS Employment Arbitration Rules
and Procedure except as modified herein. If the party chooses to have the arbitration proceeding administered by a third party, then the arbitration shall be administered by JAMS. If the party chooses to have the arbitration administered by JAMS,
then the arbitration will “commence” in accordance with the JAMS Employment Arbitration Rules and Procedure. If the party chooses to have this matter arbitrated privately, then the arbitration will be deemed to “commence” on the
date that the party provides a demand for arbitration and notice of claims and remedies sought outlining the facts relied upon, legal theories, and statement of claimed relief (“Demand”). The responding party shall serve a response to the
claims and any counterclaims within 15 business days from the date of receipt of the Demand. 
 (d)    Any arbitration
shall be held in Atlanta, Georgia (unless the parties mutually agree in writing to another location within the United States) within 120 days of the commencement of the arbitration. 

(e)    The arbitration shall take place before a single arbitrator to be appointed by mutual agreement of counsel for each
party or, if counsel cannot agree, then pursuant to the procedures set forth by JAMS. The parties may not have any ex parte communications with the arbitrator. 

(f)    The arbitrator may award any relief otherwise available to the parties by law or equity. 

(g)    The parties are limited to two depositions per side, and limited written discovery as may be required by the
arbitrator, not to exceed that allowed under the Federal Rules of Civil Procedure. 
 (h)    Any hearing in this matter
shall be completed within 120 days of the date of commencement of the arbitration, as the term “commencement” is defined by JAMS. The arbitrator shall issue its award within 30 days of the last hearing day. 

(i)    (i) Unless Executive objects, the Company will pay the arbitrator’s fees. Each party shall pay its own costs
and attorneys’ fees, if any, unless the arbitrator rules otherwise. A court may enter judgment upon the arbitrator’s award, either by confirming the award, or vacating, modifying or correcting the award, on any ground referred to in the
Federal Arbitration Act, or where the findings of fact are not supported by substantial evidence, or where the conclusions of law are erroneous. 

(j)    The provisions of this Section are severable, meaning that if any provision in this Section 8.2 (“Dispute
Resolution: Mutual Agreement to Arbitrate”) is determined to be unenforceable and cannot be reformed under applicable law, the remaining provisions shall remain in full effect, provided however, that any amendment of an unenforceable provision
shall only be to the extent necessary and shall preserve the intent of the parties hereto. It is agreed and understood that the scope of this Section, including questions of arbitrability of any dispute, shall be determined by the arbitrator. 

(k)    Executive acknowledges that prior to accepting the provisions of this Section 8.2 and signing this Agreement,
Executive has been given an opportunity to consult with 

  
 15 

 
an attorney and to review the JAMS Employment Arbitration Rules and Procedure that would govern the dispute resolution process under this Section. In signing this Agreement, the parties
acknowledge that the right to a court trial and trial by jury is of value, and knowingly and voluntarily waive such right for any dispute subject to the terms of this Section. 

Initials: Executive                      the Company
                     
 ARTICLE
IX.    SUCCESSORS 
 9.1    Successors to the Company. The
Company shall require any successor (whether direct or indirect, by purchase, merger, reorganization, consolidation, acquisition of property or stock, liquidation, or otherwise) of all or a significant portion of the assets of the Company by
agreement, in form and substance satisfactory to the Executive, to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.
Regardless of whether such agreement is executed, this Agreement shall be binding upon any successor in accordance with the operation of law and such successor shall be deemed the “Company” for purposes of this Agreement. 

9.2    Assignment by the Executive. This Agreement shall inure to the benefit of and be
enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he
continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s
estate. 
 ARTICLE X.    MISCELLANEOUS 

10.1    Release. As a condition of receiving any severance payments under this Agreement, Executive must sign
and not revoke, within 60 days following the date of the Executive’s termination of employment, a written release of all employment claims against the Company and its related entities, including, without limitation, employment discrimination of
any kind, wage payment, breach of contract, claims for workers compensation, unemployment, disability and severance claims that Executive has or may have at the termination of employment. If such a general release described in the immediately
preceding sentence has not been executed and delivered and become irrevocable on or before the end of such 60)-day period, no severance payments shall be or become payable under this Agreement. 

10.2    Employment Status. This Agreement is not, and nothing herein shall be deemed to create, an
employment contract between the Executive and the Company or any of its subsidiaries. The Executive acknowledges that the rights of the Company remain wholly intact to change or reduce at any time and from time to time his compensation, title,
responsibilities, location, and all other aspects of the employment relationship, or to discharge him prior to a Change in Control (subject to such discharge possibly being considered a Qualifying Termination pursuant to Section 2.2). 

  
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 10.3    Entire Agreement. This Agreement contains
the entire understanding of the Company and the Executive with respect to the subject matter hereof and supersedes all prior agreements, understandings, negotiations, representations and statements, whether oral, written, implied or expressed,
relating to such subject matter. In addition, the payments provided for under this Agreement in the event of the Executive’s termination of employment shall be in lieu of any severance benefits payable under any severance plan, program, or
policy of the Company to which he might otherwise be entitled. 
 10.4    Notices. All notices, requests,
demands, and other communications hereunder shall be sufficient if in writing and shall be deemed to have been duly given if delivered by hand or if sent by registered or certified mail to the Executive at the last address he has filed in writing
with the Company or, in the case of the Company, at its principal offices. 
 10.5    Execution in
Counterparts. This Agreement may be executed by the parties hereto in counterparts, each of which shall be deemed to be original, but all such counterparts shall constitute one and the same instrument, and all signatures need not appear on
any one counterpart. 
 10.6    Conflicting Agreements. The Executive hereby represents and
warrants to the Company that his entering into this Agreement, and the obligations and duties undertaken by him hereunder, will not conflict with, constitute a breach of, or otherwise violate the terms of, any other employment or other agreement to
which he is a party, except to the extent any such conflict, breach, or violation under any such agreement has been disclosed to the Board in writing in advance of the signing of this Agreement. 

Notwithstanding any other provisions of this Agreement to the contrary, if there is any inconsistency between the terms and provisions of this
Agreement and the terms and provisions of Company sponsored compensation and welfare plans and programs, the Agreement’s terms and provisions shall completely supersede and replace the conflicting terms of the Company-sponsored compensation and
welfare plans and programs, where applicable. 
 10.7    Severability. In the event any provision of this
Agreement shall be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining parts of the Agreement, and the Agreement shall be construed and enforced as if the illegal or invalid provision had not been
included. Further, the captions of this Agreement are not part of the provisions hereof and shall have no force and effect. 

Notwithstanding any other provisions of this Agreement to the contrary, the Company shall have no obligation to make any payment to the
Executive hereunder to the extent, but only to the extent, that such payment is prohibited by the terms of any final order of a federal or state court or regulatory agency of competent jurisdiction; provided, however, that such an order shall not
affect, impair, or invalidate any provision of this Agreement not expressly subject to such order. 

  
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 10.8    Modification. No provision of this Agreement may
be modified, waived, or discharged unless such modification, waiver, or discharge is agreed to in writing and signed by Executive and by a member of the Board, as applicable, or by the respective parties’ legal representatives or successors.

 10.9    Applicable Law. To the extent not preempted by the laws of the United States, the laws
of Georgia shall be the controlling law in all matters relating to this Agreement without giving effect to principles of conflicts of laws. 

[Signature Page Follows] 

  
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 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.

  

									
	ATTEST	 		 	MUELLER WATER PRODUCTS, INC.
					
	By:	 	 /s/ Keith Belknap
	 		 	By:	 	 /s/ Gregory E. Hyland

		 		 		 		 	Gregory E. Hyland, for the Board of Directors
				
		 		 		 	 EXECUTIVE

				
		 		 		 	 /s/ John Scott Hall

		 		 		 	 John Scott Hall

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