Document:

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                                                                   EXHIBIT 10.28
                              EMPLOYMENT AGREEMENT

AGREEMENT by and between Barnstable Water Company, a Connecticut corporation
with its principal office and place of business in Hyannis, Massachusetts (the
"Company"), Connecticut Water Service, Inc., a Connecticut corporation and
holder of all of the outstanding capital stock of the Company (the "Parent") and
George Wadsworth, a resident of Duxbury, MA (Mr. Wadsworth or the "Employee"),
dated as of February 23, 2001.

WHEREAS, the Company and the Parent have determined that it is in the best
interests of the Company and the Parent to employ Mr. Wadsworth and the Employee
desires to serve in that capacity or in such other capacity as may be reasonably
assigned to him by the Company and the Parent;

NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:

1.       Employment Period.

         a.       The Company shall employ the Employee, and the Employee shall
                  serve the Company, on the terms and conditions set forth in
                  this Agreement, for the period commencing on or before
                  February 23, 2001 and ending on the fifth anniversary of such
                  commencement date (the "Employment Period"). Unless the
                  Employment Period is extended by a written agreement of the
                  Company and the Employee, the Employee shall be deemed an
                  employee-at-will, which means that Mr. Wadsworth or the
                  Company may terminate his employment provided, however, that
                  nothing herein shall release the Company or the Parent of any
                  obligation under Section 7.12 (b) of the Merger Agreement
                  between the Company and the Parent dated as of October 4,
                  2000. No agreement to extend the Employment Period shall be
                  valid unless it is in writing and signed by an Authorized
                  Senior Officer. For purposes of this Agreement, the term
                  "Authorized Senior Officer" shall mean the Chief Executive
                  Officer or a Vice President of the Parent.

         b.       If the Company and the Parent determine not to extend the
                  Employment Period beyond the initial five (5) year term, the
                  Company or the Parent shall so notify the Employee in writing
                  not less than six (6) months prior to the expiration of the
                  initial term.

2.       Position and Duties.

         a.       During the Employment Period, the Employee shall serve as
                  President of the Company. He shall report to the President of
                  the Parent while responsible to the designated senior officers
                  of the Parent in the major functional areas. The Employee
                  shall have authority, duties and
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                  responsibilities pertaining to the water system operations and
                  maintenance as are reasonably assigned by the Company.

         b.       During the Employment Period and any subsequent period when
                  the Employee is employed by the Company, and excluding any
                  periods of vacation and sick leave to which the Employee is
                  entitled, the Employee shall devote reasonable attention and
                  time during normal business hours to the business and affairs
                  of the Company and, to the extent necessary to discharge the
                  responsibilities assigned to the Employee under this
                  Agreement, use the Employee's reasonable best efforts to carry
                  out such responsibilities faithfully and efficiently. It shall
                  not be considered a violation of the foregoing for the
                  Employee to serve on corporate, civic or charitable boards or
                  committees so long as such activities do not involve a
                  conflict of interest with the Company or the Parent or other
                  "Affiliated Companies" (as hereinafter defined) or interfere
                  with the performance of the Employee's responsibilities as an
                  employee of the Company in accordance with this Agreement. For
                  purposes of this Agreement, "Affiliated Companies" means the
                  Parent and all companies controlled by, controlling or under
                  common control with the Parent.

3.       Compensation.

         a.       Base Salary. During the Employment Period, the Employee shall
                  initially receive an annual base salary ("Annual Base Salary")
                  equal to $91,777, to be earned and paid at a semi-monthly rate
                  of $3824.04 per pay period. Commencing on January 1, 2002 and
                  annually thereafter the Employee shall be eligible for
                  compensation reviews based on performance appraisals in
                  accordance with the Wage and Salary Administration program of
                  the Parent.

         b.       Other Benefits. During the Employment Period and any
                  subsequent period when the Employee is employed by the Company
                  or any of its other Affiliated Companies: (i) the Employee
                  shall be entitled to participate in all deferred compensation,
                  savings and retirement plans, policies and programs of the
                  Company in accordance with the plans, programs and policies of
                  Barnstable Water Company ("Barnstable") set forth, from time
                  to time, in such plans or any Barnstable employee manual; and
                  (ii) the Employee and/or the Employee's family, as the case
                  may be, shall be eligible for participation in, and shall
                  receive all benefits under, all welfare benefit plans,
                  policies and programs provided by the Company in accordance
                  with the plans, programs and policies of Barnstable set forth,
                  from time to time, in such plans or any Barnstable

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                  employee manual; (iii) the Employee shall be approved to
                  attend the NAWC Annual Conferences and be eligible for
                  reimbursement for associated approved expenses in accordance
                  with the policies of the Parent during the Employment Period;
                  and (iv) the Company provides that the Employee will report to
                  the present office location in Hyannis unless Employee and
                  Employer mutually agree that the Employee shall report to a
                  different location.

         c.       Expenses. During the Employment Period and any subsequent
                  period when the Employee is employed by the Company, the
                  Employee shall be entitled to receive prompt reimbursement for
                  all reasonable authorized travel and other authorized expenses
                  incurred by the Employee in carrying out the Employee's duties
                  under this Agreement in accordance with the policies and
                  procedures established by the Company.

         d.       Fringe Benefits. During the Employment Period and any
                  subsequent period when the Employee is employed by the
                  Company, the Employee shall be entitled to fringe benefits in
                  accordance with the plans, programs and policies of Barnstable
                  set forth, from time to time, in such plans or any Barnstable
                  employee manual.

         e.       Vacation and Sick Time. During the Employment Period and any
                  subsequent period when the Employee is employed by the
                  Company, the Employee shall be entitled to paid vacation and
                  accrue sick time annually in accordance with the plans,
                  policies, and programs of Barnstable as set forth, from time
                  to time, in such plans or any Barnstable employee manual. The
                  Employee shall carry over a balance of 120 days of sick time
                  and no vacation time at the start of the Employment Period.

4.       Termination of Employment.

         a.       Death or Disability. The Employee's employment shall terminate
                  automatically upon the Employee's death. The Company shall be
                  entitled to terminate the Employee's employment because of the
                  Employee's Disability during the Employment Period.
                  "Disability" means that the Employee has been unable, with or
                  without accommodation, for a period of 180 consecutive
                  business days, to perform the Employee's duties under this
                  Agreement, as a result of physical or mental illness or
                  injury. A termination of the Employee's employment by the
                  Company for Disability shall be communicated to the Employee
                  by written notice, and shall be effective on the 30th day
                  after receipt of such notice by the Employee (the "Disability
                  Effective Date"), unless the Employee returns to full-time
                  performance of the Employee's duties before the Disability
                  Effective Date.

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         b.       By the Company. The Company may terminate the Employee's
                  employment for Cause. "Cause" means: (i) the Employee's
                  failure to perform the duties of his employment in any
                  material respect after notice from the Company and failure to
                  cure within ten business days after delivery of such notice,
                  (ii) malfeasance or gross negligence in the performance of the
                  Employee's duties of employment, (iii) the Employee's
                  commission of a felony under the laws of the United States or
                  any state thereof (whether or not in connection with his
                  employment), (iv) the commission by the Employee of a fraud
                  upon the Company or any of the other Affiliated Companies, (v)
                  willful misconduct on the part of the Employee, (vi) the
                  Employee's breach of any of the provisions of Paragraph 8 of
                  this Agreement, or (vii) any other act or omission by the
                  Employee (other than an act or omission resulting from the
                  exercise by the Employee of good faith business judgment)
                  which is materially injurious to the financial condition or
                  the business reputation of the Company or any of the
                  Affiliated Companies.

         c.       By the Employee. A termination of the Employee's employment by
                  the Employee shall be effected by giving the Company written
                  notice of the termination.

         d.       No Waiver. The failure to set forth any fact or circumstance
                  in a Notice of Termination for Cause or a Notice of
                  Termination for Good Reason shall not constitute a waiver of
                  the right to assert, and shall not preclude the party giving
                  notice from asserting, such fact or circumstance in an attempt
                  to enforce any right under or provision of this Agreement.

         e.       Date of Termination. The "Date of Termination" means the date
                  of the Employee's death, the Disability Effective Date, the
                  date on which the termination of the Employee's employment by
                  the Company for Cause is effective, or the date that is 60
                  days after the date on which the Employee gives the Company
                  notice of a termination of employment, as the case may be.

5.       Obligations of the Company upon Termination.

         a.       Other Than for Cause or Death. If, during the Employment
                  Period, the Company terminates the Employee's employment,
                  other than for Cause or death, the Company shall pay the
                  amounts described in subparagraph (i) below to the Employee in
                  a lump sum in cash within 30 days after the Date of
                  Termination or at the employee's option in a manner described
                  in paragraph 3(a), reduced by any payment to the employee due
                  to disability coverage in 3(b), through the remainder of the
                  Employment Period. The

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                  payments provided pursuant to this subparagraph (a) of Section
                  5 are intended as either or both severance pay or liquidated
                  damages for a termination of the Employee's employment by the
                  Company other than for Cause or death and shall be the sole
                  and exclusive remedy therefor.

                   i.) The amounts to be paid in a lump sum as described above
                       are:

                        A.  The Employee's accrued but unpaid cash compensation
                            (the "Accrued Obligations"), which shall equal the
                            sum of (1) any portion of the Employee's Annual Base
                            Salary through the Date of Termination that has not
                            yet been paid; (2) any compensation previously
                            deferred by the Employee (together with any accrued
                            interest or earnings thereon) that has not yet been
                            paid; and (3) any accrued but unpaid vacation pay.

                        B.  Severance pay in an amount equal to the Employee's
                            annual Base Salary for the period, if any, from the
                            Date of Termination to the end of the Employment
                            Period set forth in Section 1 hereof.

                   (ii) For the period, if any, from the Date of Termination to
                       the end of the Employment Period set forth in Section 1
                       hereof, the Employee shall continue to be entitled to
                       participate in such employee welfare benefit plans,
                       within the meaning of Section 3(1) of the Employee
                       Retirement Income Security Act of 1974, as amended,
                       maintained by the Company in which the Employee shall be
                       a participant on the Date of Termination, subject to the
                       terms and conditions of such employee welfare benefit
                       plans as may be in effect from time to time during such
                       period under this Agreement, with benefits based upon
                       compensation equal to the Employee's Annual Base Salary.
                       To the extent that such benefits shall not be payable or
                       provided under any such employee welfare benefit plan,
                       the Company shall pay or provide such benefits on an
                       individual basis. Any medical, dental, health or other
                       employee welfare benefits provided for hereunder shall be
                       secondary to any comparable benefits provided by another
                       employer.

         b.       Cause; Other than for Good Reason or Death. If the Employee's
                  employment is terminated by the Company for Cause during the
                  Employment Period, or for any reason after the Employment
                  Period, or if the Employee voluntarily terminates employment,
                  the Company shall pay the Employee the Annual Base Salary
                  through the Date of Termination and the amount of any
                  compensation previously deferred by the Employee (together
                  with any accrued interest or earnings thereon), in

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                  each case to the extent not yet paid, and the Company shall
                  have no further obligations under this Agreement.

         c.       By Reason of Death. If the Employee's employment is terminated
                  by reason of the Employee's death at any time, this Agreement
                  shall terminate without further obligations to the Employee's
                  legal representatives under this Agreement, other than for
                  payment of the Accrued Obligations in accordance with the
                  plans, practices, programs and policies of Barnstable set
                  forth, from time to time, in such plans or any Barnstable
                  employee manual.

6.       Obligations of the Employee Upon Termination. The compensation due the
         Employee pursuant to Section 5 of this Agreement shall be reduced by
         any unpaid balance due to the Company from any outstanding employee
         loan(s) issued by Barnstable Water Company.

7.       Non-exclusivity of Rights. Nothing in this Agreement shall prevent or
         limit the Employee's future participation in any plan, program, policy
         or practice provided by the Company or any of the other Affiliated
         Companies for which the Employee may qualify, nor shall anything in
         this Agreement limit or otherwise affect such rights as the Employee
         may have under any contract or agreement with the Company or any of the
         other Affiliated Companies. Vested benefits and other amounts that the
         Employee is otherwise entitled to receive under any plan, policy or
         program of, or any contract or agreement with, the Company or any of
         the other Affiliated Companies on or after the Date of Termination
         shall be payable in accordance with such plan, policy, program,
         contract or agreement, as the case may be, except as otherwise
         explicitly modified by this Agreement.

8.       Full Settlement. In no event shall the Employee be obligated to seek
         other employment or take any other action by way of mitigation of the
         amounts payable to the Employee under any of the provisions of this
         Agreement, but if the Employee secures other employment, any employee
         welfare benefits the Company is required to provide to the Employee
         following termination of the Employee's employment shall be secondary
         to those provided by another employer (if any).

9.       Confidential Information. The Employee understands that in the course
         of the Employee's employment by the Company, the Employee will receive
         or have access to confidential information concerning the business or
         purposes of the Company and any of the other Affiliated Companies and
         which the Company or any of the other Affiliated Companies desire to
         protect. Such confidential information shall be deemed to include, but
         not be limited to, the Company's customer lists and information, and
         employee lists, including, if known, personnel information and data.
         The Employee agrees that the Employee will not, at any time during the
         period ending two years after the Date of Termination, reveal to anyone
         outside the Company or any of the other Affiliated

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         Companies or use for the Employee's own benefit any such information
         without specific written authorization by the Company or the Parent

10.      Insurance. The Company shall have the right at its own cost and expense
         to apply for and to secure in its own name, or otherwise, life, health
         or accident insurance or any or all of them covering the Employee, and
         the Employee agrees to submit to the usual and customary medical
         examination and otherwise to cooperate with the Company in connection
         with the procurement of any such insurance, and any claims thereunder.

11.      Release. As a condition of eligibility for severance payments or
         benefits provided for in Paragraph 5(a) of this Agreement, at the
         request of the Company or the Parent, the Employee shall execute and
         deliver for the benefit of the Company and the Parent, and any of the
         Affiliated Companies, a general release in the form set forth in
         Attachment A, and such release shall become effective in accordance
         with its terms the failure or refusal of the Employee to sign such a
         release or the revocation of such a release shall cause the termination
         of any and all obligations of the Company and the Parent to make
         payments or provide benefits hereunder, and the forfeiture of the right
         of the Employee to receive any such payments and benefits. The Employee
         acknowledges that the Company and the Parent have advised the Employee
         to consult with an attorney prior to signing this Agreement and that
         the Employee has had an opportunity to do so.

12.      Regulatory Limitation. Notwithstanding any other provision of this
         Agreement, the Company shall not be obligated to make, and the Employee
         shall have no right to receive, any payment, benefit or amount under
         this Agreement which would violate any law, regulation or regulatory
         order applicable to the Company, CWC or the Parent at the time such
         payment, benefit or amount is due ("Prohibited Payment"). If and to the
         extent the Company shall at a later date be relieved of the restriction
         on its ability to make any Prohibited Payment, then at such time the
         Company, CWC or the Parent shall promptly make payment of any such
         amounts to the Employee. The parties hereto acknowledge that as of the
         date of this Agreement, no payment, benefit or amount payable under
         this Agreement would be a Prohibited Payment.

13.      Notices. All notices under this Agreement shall be in writing and shall
         be deemed effective when delivered in person to the Employee or to the
         Secretary of the Company and the Parent, or if mailed, postage prepaid,
         registered or certified mail, addressed, in the case of the Employee,
         to the Employee's last known address as carried on the personnel
         records of the Company, and, in the case of the Company and the Parent,
         to the corporate headquarters, attention of the Secretary, or to such
         other address as the party to be notified may specify by notice to the
         other party.

14.      Successors and Assigns.

         a.       Assignment by Employee. This Agreement is personal to the
                  Employee and shall not be assignable by the Employee.

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         b.       Assignment by the Company. This Agreement shall inure to the
                  benefit of and be binding upon the Company and the other
                  Affiliated Companies and their respective successors and
                  assigns. As used in this Agreement, the "Company" and the
                  other Affiliated Companies shall mean both the Company and the
                  other Affiliated Companies, respectively, and any such
                  successor that assumes and agrees to perform this Agreement,
                  by operation of law or otherwise.

15.      Arbitration. Any dispute which may arise between the parties hereto
         may, if both parties agree, be submitted to binding arbitration in the
         State of Connecticut in accordance with the Rules of the American
         Arbitration Association; provided that any such dispute shall first be
         submitted to the Company's Board of Directors in an effort to resolve
         such dispute without resort to arbitration.

16.      Severability. If any of the terms or conditions of this Agreement shall
         be declared void or unenforceable by any court or administrative body
         of competent jurisdiction, such term or condition shall be deemed
         severable from the remainder of this Agreement, and the other terms and
         conditions of this Agreement shall continue to be valid and
         enforceable.

17.      Amendment. This Agreement may be modified or amended only by an
         instrument in writing executed by the parties hereto.

18.      Construction. This Agreement shall supersede and replace all prior
         agreements and understandings between the parties hereto on the subject
         matter covered hereby. This Agreement shall be governed and construed
         under the laws of the State of Connecticut. Words of the masculine
         gender mean and include correlative words of the feminine gender.
         Paragraph headings are for convenience only and shall not be considered
         a part of the terms and provisions of the Agreement.

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IN WITNESS WHEREOF, the Company and the Parent have caused this Agreement to be
executed by a duly authorized officer, and the Employee has hereunto set the
Employee's hand, as of the date first above written.

                                            THE BARNSTABLE WATER COMPANY

                                            By: /s/ George Wadsworth
                                                -------------------------------
                                                George Wadsworth, President

                                            CONNECTICUT WATER SERVICE, INC.

                                            By: /s/ David C. Benoit
                                                -------------------------------
                                                David C. Benoit, Vice President

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                                                                    ATTACHMENT A

                                     RELEASE

We advise you to consult an attorney before you sign this Release. You have
until the date which is seven (7) days after the Release is signed and returned
to the Water Company ("the Company") to change your mind and revoke your
Release. Your Release shall not become effective or enforceable until after that
date.

In consideration for the severance benefits and payments provided under your
Employment Agreement dated February ___, 2001 with the Company and Connecticut
Water Service, Inc. ("the Parent"), and more specifically enumerated in Exhibit
1 hereto, by your signature below you agree to accept such benefits and not to
make any claims of any kind against the Company, its past and present and future
Parent corporations, subsidiaries, divisions, subdivisions, affiliates and
related companies or their successors and assigns, including without limitation
the Parent, or any and all past, present and future Directors, officers,
fiduciaries or employees of any of the foregoing (all parties referred to in the
foregoing are hereinafter referred to as the "Releasees") before any agency,
court or other forum, and you agree to release the Releasees from all claims,
known or unknown, arising in any way from any actions taken by the Releasees up
to the date of this Release, including, without limiting the foregoing, any
claim for wrongful discharge or breach of contract or any claims arising under
the Age Discrimination in Employment Act of 1967, Title VII of the Civil Rights
Act of 1964, the Americans with Disabilities Act of 1990, the Employee
Retirement Income Security Act of 1974, Connecticut's Fair Employment Practices
Act or any other federal, state or local statute or regulation and any claim for
attorneys' fees, expenses or costs of litigation.

THE PRECEDING PARAGRAPH MEANS THAT BY SIGNING THIS RELEASE YOU WILL HAVE WAIVED
ANY RIGHT YOU MAY HAVE TO BRING A LAWSUIT OR MAKE ANY LEGAL CLAIM AGAINST THE
RELEASEES BASED ON ANY ACTIONS TAKEN BY THE RELEASEES UP TO THE DATE OF THIS
RELEASE.

By signing this Release, you further agree as follows:

1.)      You have read this Release carefully and fully understand its terms;

2.)      You have had at least twenty-one (21) days to consider the terms of the
         Release;

3.)      You have seven (7) days from the date you sign this Release to revoke
         it by written notification to the Company. After this seven-(7) day
         period, this Release is final and binding and may not be revoked;
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4.)      You have been advised to seek legal counsel and have had an opportunity
         to do so;

5.)      You would not otherwise be entitled to the severance benefits provided
         under your Employment Agreement with the Company and the Parent had you
         not agreed to waive any right you have to bring a lawsuit or legal
         claim against the Releasees; and

6.)      Your agreement to the terms set forth above is voluntary.

By signing this release, you do not agree to release the Company from future
performances of its obligations to pay or provide severance benefits in
accordance with your Employment Agreement and any failure to pay or provide such
benefit will void this release.

Name:
     ---------------------------------------

Signature:                                                Date:
            --------------------------------                   ----------------

Received by:                                              Date:
            --------------------------------                   ----------------

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                                                                   EXHIBIT 10.29

                    SEPARATION AGREEMENT AND GENERAL RELEASE
                            AND COVENANT NOT TO SUE

This Separation Agreement and General Release (the " Agreement") is entered into
by George Wadsworth (the "Employee") and The Connecticut Water Service, Inc. and
Barnstable Water Company ("The Company"). The Employee and the Company hereby
agree as follows:

1.       Employee and the Company are entering into this Separation Agreement
         and General Release in order to assist Employee in his transition from
         employment and to ensure that Employee commences no legal claims or
         proceedings against the Company, Barnstable Water Company, or any
         related person or entity. In consideration for the execution of this
         Agreement and the release set forth herein, the Employee acknowledges
         and agrees that he has voluntarily terminated his employment and the
         Company agrees to provide Employee with a lump sum payment in the
         amount of three hundred eighty four thousand four hundred eleven
         dollars and fifty-three cents ($384,411.53) less all applicable
         federal, state and local taxes and withholdings. The Company agrees to
         make such payment to Employee within fifteen (15) business days of the
         expiration of the revocation period set forth below in Section 9.

         As an additional consideration, the Company agrees to pay Employee a
         supplemental pension benefit as described in the Supplemental Pension
         Agreement between George Wadsworth and Connecticut Water Service, Inc.
         and Barnstable Water Company that is provided as an addendum to this
         agreement.
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         Employee acknowledges and agrees that the payments described above in
         this Section are provided in consideration of the terms of this
         Separation Agreement and that Employee would not otherwise be entitled
         to them. Employee also acknowledges and agrees that he has voluntarily
         elects to terminate his employment and that his last day of employment
         with the Company was December 14, 2001.

2.       The Company may at some time in the future, but shall not be obligated
         or required to, enter into a separate agreement to engage the service
         of Mr. Wadsworth as a consultant, under terms and conditions as may be
         mutually agreed upon. In consideration of the payment described above
         in Section 1, Employee agrees that he and his heirs, legal
         representatives and assigns hereby waive, release and forever
         discharge, and will not file or cause to be filed against the Company,
         its Company, subsidiaries or affiliated companies (including but not
         limited to the Barnstable Water Company), or any of their owners,
         shareholders, directors, officers, employees or other agents
         (hereinafter referred to collectively as "the Company and/or its
         affiliates") any claim, lawsuit, complaint, whether known or unknown,
         asserted or unasserted, suspected or unsuspected, which Employee may
         have as a result of any incident, act, event or omission which has
         occurred at any time up to and including the date of his signing of
         this Agreement.

3.       The Employee and Company mutually agree that this Agreement represents
         the full and entire agreement between the parties and supercedes any
         and all prior agreements or discussions between the parties with
         respect to Wadsworth's employment with or separation from the Company,
         including but not limited to the Employment Agreement dated on February
         23, 2001.

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4.       Employee agrees that among the rights he knowingly and voluntarily
         waives and releases are his right to bring any complaints against the
         Company and/or its affiliates (including but not limited to the
         Barnstable Water Company) arising or occurring on or before the date of
         his signing of this Agreement, including but not limited to all such
         claims or causes of action arising under Title VII or the Civil Rights
         Act, the Age Discrimination in Employment Act, the Employee Retirement
         Income Security Act, the Americans with Disabilities Act, the Family
         and Medical Leave Act, and any other federal, state or local law
         dealing with discrimination on any basis, including but not limited to
         sex, age, race, national origin, sexual orientation, veteran status,
         marital status, religion, and physical and/or mental disability.
         Employee also agrees that he is waiving and releasing all rights to
         bring any complaints against the Company and/or its affiliates
         (including but not limited to Barnstable Water Company) alleging unpaid
         wages, breach of contract, wrongful termination, infliction of
         emotional distress or any other possible claim arising or occurring on
         or before the date of Employee's signing of this Agreement. Employee
         also agrees that he is waiving and releasing any claims to which he
         might otherwise have been entitled under the terms of his employment
         agreement dated February 23, 2001. Employee and Employer agree that
         this release does not impair or affect any vested benefit rights
         protected by ERISA to the extent that those benefits vested prior to
         the end of Employee's employment.

5.       Employee acknowledges that he has been advised to consult with an
         attorney regarding this Agreement. Employee also acknowledges that he
         has been given at least twenty-one (21) calendar days from receipt of
         this Agreement to consider it and decide whether or not to enter into
         this Agreement. Employee further acknowledges that he has had
         reasonable and sufficient time to consider this Agreement and is
         voluntarily signing it without duress or coercion on the date indicated
         below. Employee acknowledges that he has read this Agreement in its
         entirety and that he understands its meaning and effect.

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6.       Employee agrees that the existence, terms and conditions of this
         Agreement are confidential matters and that he will not disclose them
         to anyone other than his spouse and his legal or financial advisors.
         Employee also agrees that he will not disclose the existence, terms or
         conditions of this Agreement to his spouse or his financial and legal
         advisors without first informing such individuals that they are
         required to keep confidential the existence, terms and conditions of
         this Agreement and securing their agreement to maintain such
         confidentiality. Employer also agrees that the existence, terms and
         conditions of this Agreement are confidential matters and that they
         will not be disclosed, except as may be required as a business
         requirement, a regulatory proceeding or other force of law.

         If at some time in the future Employee believes that he is required to
         disclose the existence, terms or conditions of this Agreement by force
         of law or otherwise, Employee agrees to notify in writing the President
         of the Company at least ten days in advance of the required disclosure.

         Employee understands that in the course of Employee's employment by
         Company, Employee has received or had access to confidential
         information concerning the business or purposes of Company and Parent,
         and which Company and Parent desire to protect. Such confidential
         information shall be deemed to include, but not be limited to,
         Company's financial records, regulatory compliance data, customer lists
         and information, and employee lists, including, if known, personnel
         information and data. Confidential information shall specifically not
         include, verbal or written, in any form whatsoever, filed with or
         delivered to any public authority which would be considered to be
         available to the public in accordance with applicable state laws.
         Employee agrees that Employee will not, at any time during the period
         ending two (2) years after the date of termination of Employee's
         employment, reveal

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         to anyone outside Company or Parent or use for Employee's own benefit
         any such information without specific written authorization by Company
         or Parent. Employee further agrees not to use any such confidential
         information or trade secrets in competing with Company or Parent at any
         time during or in the two (2) year period immediately following the
         date of termination of Employee's employment with Company.

7.       Employee and the Company agree that he has voluntarily terminated his
         employment with the Company and Barnstable Water Company and this
         Agreement is not, and shall not be considered as an admission of any
         wrongdoing or liability on the part of the Employee or the Company
         and/or its affiliates. Employee agrees that he will not request or
         apply for any job or re-employment with the Company and/or its
         affiliates except as a consultant as provided for in Section 1.

8.       This Agreement will not become effective or enforceable until the
         eighth calendar day after Employee has signed it. Employee understands
         that if he wished to revoke this Agreement for any reason or for no
         reason at all, Employee may do so during the first seven (7) calendar
         days following his signing of it by delivering written notice of such
         revocation to the President of the Company. Employee also understands
         that if no such notice of revocation is received by the President of
         the Company within seven (7) calendar days following Employee's signing
         of this Agreement, this Agreement shall become effective and
         enforceable as of the eighth day following Employee's signing of it.

9.       Employee and the Company agree that no changes to this Agreement will
         be effective unless made in writing and signed by both parties.
         Employee also acknowledges that in deciding to enter into this
         Agreement, he has not received and is not relying on any
         representations, promises, or assurances of any kind other than those
         expressly set forth in writing in this

                                        5
<PAGE>
         Agreement. In the event that any provision of this Agreement is held to
         be void or unenforceable by a court of competent jurisdiction, the
         remaining provisions of this Agreement will nevertheless be binding
         upon the parties as though the void or unenforceable part has been
         deleted.

10.      Employee and the Company agree that this Agreement shall be governed by
         Massachusetts law and that Employee and the Company shall be subject to
         the personal jurisdiction of the state and federal courts of
         Massachusetts should any dispute arise concerning this Agreement.
         Employee and the Company further agree that if either party ever files
         any claim against or sues the other, in any forum or proceeding,
         whether related to this Agreement or not, the prevailing party as
         determined by the court or the finder of fact shall be entitled to
         recover from the other party its reasonable attorneys' fees and costs
         incurred in that action, as well as any compensatory or other damages
         available under applicable law.

                                       6
<PAGE>
WHEREFORE, intending to be bound by the terms and conditions of the foregoing
Separation Agreement and General Release, the undersigned parties hereby execute
it on the dates set forth below:

         EMPLOYEE:

         /s/ George Wadsworth
         --------------------------
         George Wadsworth

         STATE OF MASSACHUSETTS:
                                         ss:
         COUNTY OF BARNSTABLE:

         On this 14th day of December, 2001, before me personally appeared
         George Wadsworth, to me known to be the person described in the
         foregoing Agreement, who in my presence executed the same,
         acknowledging such execution to be his free act and deed.

                                                SUSAN L ABBOTT
/s/:  Susan L. Abbot                              Notary Public
Notary Public                                     My Commission Expires
My Commission Expires:11/25/05                      November 25, 2005

CONNECTICUT WATER SERVICE, INC.

/s/:  Marshall T. Chiarlauce
---------------------------------
Marshall T. Chiaraluce

STATE OF CONNECTICUT:
                             ss:  Clinton
COUNTY OF MIDDLESEX:

On this 17th day of December, 2001, before me personally appeared Marshall T.
Chiaraluce, who in my presence executed the foregoing Agreement, acknowledging
such execution to be his free act and deed on behalf of The Connecticut Water
Service, Inc.

/s/ Elizabeth D. Lebert
Notary Public
My Commission Expires:  5/31/05

                                       7
<PAGE>
                                GEORGE WADSWORTH
                         SUPPLEMENTAL PENSION AGREEMENT

         This Agreement made this 14th day of December, 2001, by and between
Connecticut Water Service, Inc. and Barnstable Water Company (said companies
hereinafter collectively referred to as the "Employer"), and George Wadsworth
(the "Employee"),

                                  WITNESSETH:

         WHEREAS, in connection with the implementation of a Separation
Agreement between Employer and Employee, the parties also wish to provide the
Employee with supplemental pension benefits in order to make up for retirement
benefits the Employee would have accrued under the Barnstable Water Company
Pension Plan had he continued employment with the Employer; and

         WHEREAS, it is the intention of the parties that this Agreement shall
constitute an unfunded arrangement for the purpose of providing supplemental
pension benefits for the Employee;

         NOW, THEREFORE, the parties hereby agree as follows:

         1.       Definitions.

                  (a) "Board of Directors" means the Board of Directors of
Connecticut Water Service, Inc., or any successor to such corporation.

                  (b) "Code" means the Internal Revenue Code of 1986, as amended
from time to time, and as interpreted from time to time by any regulations
issued pursuant thereto, and references to any section thereof shall be deemed
to refer to the like section of any subsequent federal internal revenue law.
<PAGE>
                  (c) "Employee" means George Wadsworth.

                  (d) "Employer" means, collectively, Connecticut Water Service,
Inc. and Barnstable Water Company, or any successor to said corporations.

                  (e) "Other Payee" means any surviving spouse, beneficiary , or
contingent annuitant of the Participant entitled to benefits hereunder.

                  (f) "Pension Plan" means the Barnstable Water Company Pension
Plan, or any successor plan thereto, including, for example, any plan into which
the Barnstable Water Company Pension Plan is merged at a future date.

                  (g) "Separation Agreement" means the Agreement between the
Employer and the Employee, executed at the same time as this Agreement, entitled
"Separation Agreement and General Release and Covenant Not to Sue."

         2.       Benefits Payable.

                  (a) In accordance with the Separation Agreement, a payment
shall be made to the Employee. The parties hereto recognize and agree that such
payment, and the period of time to which such payment is or may be deemed to
relate, shall not be taken into account in calculating Employee's average final
compensation, benefit service, benefits, or for any other reason under the
Pension Plan.

                  (b) Benefits under this Agreement shall commence to the
Employee at the same time as benefits become payable to the Employee under the
Pension Plan. For example, an election to take early retirement under the
Pension Plan shall be applicable here as well. Benefits under this Agreement
shall also be payable to the Employee in the same form as the Employee elects to
receive benefits under the Pension Plan. If the Participant elects a form of

                                       2
<PAGE>
benefit payment that provides for a beneficiary or contingent annuitant, the
designation of a beneficiary or contingent annuitant under the Pension Plan and
the proportionate reduction in benefits shall control for purposes of this
Agreement as well. In no event, however, shall benefits be payable if the
Employee commences receipt of benefits under the Pension Plan on or before
February 23, 2006.

                  (c) The monthly benefit payable pursuant to this Agreement
shall be determined as the difference between (1) and (2), where (1) equals the
amount of monthly benefit which would have been payable to Employee under the
Pension Plan if he had continued to work for the Employer and receive bi-weekly
payments of $3,529.88 beginning with the first pay date in January 2002 and
ending with the last pay date on or prior to February 23, 2006; and (2) equals
the amount of monthly benefit actually payable under the Pension Plan. In
determining the amount of monthly benefit described in item (1) above, however,
any changes made under the Pension Plan made after the date of this Agreement
shall not be taken into account; benefits shall be computed as if such changes
were not made.

                  (d) In the event that Employee dies after February 23, 2006
and prior to commencing receipt of benefits under the Pension Plan, and if any
surviving spouse benefits are payable under the Pension Plan to Employee's
surviving spouse, then monthly benefits shall also be payable to Employee's
surviving spouse under this Agreement. The monthly benefit payable pursuant to
this Agreement shall be payable at the same time benefits are payable to the
surviving spouse under the Pension Plan, and shall be determined as the
difference between (1) and (2), where (1) equals the amount of the monthly
benefit which would have been payable to the surviving spouse under the Pension
Plan if Employee had

                                       3
<PAGE>
continued to work for the Employer and receive bi-weekly payments of $3,529.88
beginning with the first pay date in January 2002 and ending with the last pay
date on or prior to February 23, 2006; and (2) equals the amount of monthly
benefit actually payable under the Pension Plan. In determining the amount of
monthly benefit described in item (1) above, however, any changes made under the
Pension Plan made after the date of this Agreement shall not be taken into
account; benefits shall be computed as if such changes were not made.
No benefits will be provided hereunder if Employee dies on or before February
23, 2006.

                  (e) In no event shall any benefits be payable under this
Agreement unless such payment is expressly provided for under the terms of this
Agreement.

         3. Unsecured General Creditor. The Employee and any Other Payee shall
have no legal or equitable rights, interest or claims in any property or assets
of the Employer. Any and all of the Employer's assets shall be, and remain, the
general, unpledged, unrestricted assets of the Employer. The Employer's
obligation under this Agreement shall be merely that of an unfunded and
unsecured promise to make payments in the future. The Employee's status (and the
status of any Other Payee) is that of an unsecured general creditor of the
Employer.

         4. Other Benefits. Any amounts payable under this Agreement shall not
be deemed salary or other compensation to the Employee for the purpose of
computing benefits to which he may be entitled under any plan or other
arrangement of the Employer for the benefit of its employees.

         5. Claims Procedure. The Employer, acting through the Board of
Directors, has the discretionary authority to construe this Agreement and to
determine any questions of eligibility and entitlement to benefits under this
Agreement. In the event of a claim for

                                       4
<PAGE>
benefits by the Employee or Other Payee, the Board of Directors shall determine
whether benefits are payable (and the amount thereof) within ninety (90) days of
the claim. If benefits are denied, the Board of Directors shall provide Employee
(or Other Payee) written notice of such denial and shall indicate the specific
provisions of the Agreement upon which the denial is based. Employee (or Other
Payee) shall then have sixty (60) days in which to appeal such denial, and to
present issues and comments in writing. Any final decision on appeal shall be
made by the Board of Directors and communicated to Employee (or Other Payee) in
writing within sixty (60) days of the appeal, indicating the specific provisions
of the Agreement upon which a denial is based if benefits are denied.

         6. Entire Agreement: Amendments. This Agreement, together with the
Separation Agreement, contain the entire agreement and understanding of the
parties with respect to the subject matter contained herein, and all other prior
agreements or understandings of the parties are hereby revoked. This Agreement
may be amended or terminated only by a written instrument executed by the
Employee and the Employer. There are no agreements, restrictions, promises,
warranties, covenants or other undertakings other than those expressly set forth
in this Agreement and in the Separation Agreement. This Agreement may be
executed in one or more counterparts.

         7. Severability. If any provision of this Agreement is held by an
arbitrator, arbitration panel, court or other judicial body of competent
jurisdiction to be illegal or invalid for any reason, said illegality or
invalidity shall not affect the remaining parts hereof, but this Agreement shall
be construed and enforced as if such illegal or invalid provision had never been
inserted herein.

                                       5
<PAGE>
                  8. Prohibition on Assignment. The Employee's and Other Payee's
rights to benefit payments under this Agreement are not subject in any manner to
anticipation, alienation, sale, transfer, assignment, pledge, encumbrance,
attachment, or garnishment by creditors of the Employee or Other Payee. Neither
the Employee nor any Other Payee or any other person shall have any right to
commute, sell, assign, transfer, pledge, anticipate, mortgage or otherwise
encumber, transfer, hypothecate or convey in advance of actual receipt, the
amounts, if any, payable hereunder, or any part thereof, which are, and all
rights to which are expressly declared to be unassignable and non-transferable.
No part of the amounts payable shall, prior to actual payment, be subject to
seizure or sequestration for the payment of any debts, judgments, alimony or
separate maintenance owed by the Employee, Other Payee, or any other person, nor
be transferable by operation of law in the event of the Employee's, Other
Payee's or any other person's bankruptcy or insolvency.

                  9. Successors. The Employer shall require any successor
(whether direct or indirect, by purchase, merger, consolidation, reorganization,
operation of law or otherwise) to all or substantially all of the business
and/or assets of the Employer, expressly to assume and to agree to perform this
Agreement in the same manner and to the same extent that the Employer would be
required to perform if no such succession had taken place. This Agreement shall
be binding upon and inure to the benefit of the Employer and any successor of or
to the Employer, including without limitation any persons acquiring directly or
indirectly all or substantially all of the business and/or assets of the
Employer whether by sale, merger, consolidation, reorganization, operation of
law or otherwise (and any such successor to the Employer shall thereafter be
deemed the "Employer," as the case may be, for the purposes of

                                       6
<PAGE>
this Plan); and shall be binding upon and inure to the benefit of the Employee,
any Other Payee, and the beneficiaries, heirs, executors, administrators, and
legal representatives of the Employee and all Other Payees.

     10.  Construction of Agreement.  The headings of the sections of this
Agreement are inserted for convenience only and shall not be deemed to
constitute part of this Agreement or to affect the construction hereof. Where
the context requires: (a) any use of gender shall be deemed to be masculine,
feminine or neuter, and (b) any use of the singular or the plural shall include
the other.

     11.  Facility of Payment.  If the Employer determines after receipt of
evidence satisfactory to it, that the Employee or any Other Payee, as the case
may be, to whom a payment is due hereunder is incompetent by reason of physical
or mental disability or is a minor, the Employer shall have the power to cause
the payments becoming due to such Employee or Other Payee to be made to another
for the Employee or Other Payee, without responsibility of the Employer to see
the application of such payment. Payments made pursuant to such power shall
operate as a complete discharge of the Employer.

     12.  Taxes.  The Employer shall have the right to deduct from any payment
made or to be made pursuant to this Agreement any federal, state or local taxes
required by law to be withheld.

     13.  Governing Law.  This Agreement shall be construed in accordance with
and governed by the laws of the State of Connecticut.

                                       7
<PAGE>
         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed on the dates set forth below.

EMPLOYEE

/s/ George Wadsworth
------------------------------
George Wadsworth

COMMONWEALTH OF MASSACHUSETTS:

COUNTY OF BARNSTABLE:

On this 14th day of December, 2001, before me personally appeared George
Wadsworth, to me known to be the person described in the foregoing Agreement,
who in my presence executed the same, acknowledging such execution to be his
free act and deed.

                                                 SUSAN L. ABBOTT
/s/:  Susan L. Abbot                               Notary Public
Notary Public                                      My Commission Expires
My Commission Expires: 11/25/05                      November 25, 2005

CONNECTICUT WATER SERVICE, INC.

/s/:  Marshall T. Chiaraluce
-------------------------------
Marshall T. Chiaraluce

STATE OF CONNECTICUT:
                               ss:  Clinton
COUNTY OF MIDDLESEX:

On this 17th day of December, 2001, before me personally appeared Marshall T.
Chiaraluce, who in my presence executed the foregoing Agreement, acknowledging
such execution to be his free act and deed on behalf of The Connecticut Water
Service, Inc.

/s/ Elizabeth D. Lebert
Notary Public
My Commission Expires:  5/31/05

                                       8
<PAGE>
BARNSTABLE WATER COMPANY
By: /s/ Marshall T. Chiaraluce
   -----------------------------------
        Marshall T. Chiaraluce

STATE OF CONNECTICUT
                                ss Clinton
COUNTY OF Middlesex:

On this 17th day of December, 2001, before me personally appeared Marshall T.
Chiaraluce, who in my presence executed the foregoing Agreement, acknowledging
such execution to be his free act and deed on behalf of the Barnstable Water
Company.

/s/ Elizabeth D. Lebert
--------------------------------
    Elizabeth D. Lebert

Notary Public
My Commission Expires:  5/31/05

                                       9

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