Document:

exv10w1

Exhibit 10.1

AMENDMENT NO. 2 TO LOAN AGREEMENT

     This Amendment No. 2 (the “Amendment”) dated as of April 17, 2009, is between Bank of America,
N.A. (the “Bank”) and California Water Service Company (the “Borrower”).

RECITALS

     A. The Bank and the Borrower entered into a certain Loan Agreement dated as of May 30, 2007
(together with any previous amendments, the “Agreement”).

     B. The Bank and the Borrower desire to amend the Agreement.

AGREEMENT

     1. Definitions. Capitalized terms used but not defined in this Amendment shall have
the meaning given to them in the Agreement.

     2. Amendments. The Agreement is hereby amended as follows:

     2.1 Paragraph 1.2 is hereby amended to read in its entirety as follows:

     1.2 Availability Period. The line of credit is available between the date of
this Agreement and the date that is three hundred and sixty-four (364) days after the date
of that certain Amendment No. 2 to Loan Agreement between the Bank and the Borrower that
amends this Agreement, or such earlier date as the availability period may terminate as
provided in this Agreement (the “Facility No. 1 Expiration Date”).

     2.2 Paragraph 1.4(a) is hereby amended to read in its entirety as follows:

     (a) The interest rate is a rate per year equal to the Bank’s Prime Rate minus 0.75
percentage point.

     2.3 Paragraph 1.5(a) is hereby amended to read in its entirety as follows:

     (a) The LIBOR Rate plus 1.0 percentage point.

     2.4 Paragraph 3.1(a) is hereby amended to read in its entirety as follows:

     (a) Unused Commitment Fee. The Borrower agrees to pay a fee on any difference
between the Facility No. 1 Commitment and the amount of credit it actually uses, determined
by the average of the daily amount of credit outstanding during the specified period. The
fee will be calculated in arrears at 0.15% per year. The calculation of credit outstanding
shall include the undrawn amount of letters of credit.

This fee is due on June 30, 2009, and on the last day of each following quarter until the
expiration of the availability period.

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     3. Representations and Warranties. When the Borrower signs this Amendment, the
Borrower represents and warrants to the Bank that: (a) there is no event which is, or with notice
or lapse of time or both would be, a default under the Agreement except those events, if any, that
have been disclosed in writing to the Bank or waived in writing by the Bank, (b) the
representations and warranties in the Agreement are true as of the date of this Amendment as if
made on the date of this Amendment, (c) this Amendment does not conflict with any law, agreement,
or obligation by which the Borrower is bound, and (d) if the Borrower is a business entity or a
trust, this Amendment is within the Borrower’s powers, has been duly authorized, and does not
conflict with any of the Borrower’s organizational papers.

     4. Conditions. This Amendment will be effective when the Bank receives the following
items, in form and content acceptable to the Bank:

     4.1 Consent and Reaffirmation of Guarantor signed by CWSG.

     4.2 Payment by the Borrower of all costs, expenses and attorneys’ fees (including
allocated costs for in-house legal services) incurred by the Bank in connection with this
Amendment.

     5. Effect of Amendment. Except as provided in this Amendment, all of the terms and
conditions of the Agreement shall remain in full force and effect.

     6. Counterparts. This Amendment may be executed in counterparts, each of which when
so executed shall be deemed an original, but all such counterparts together shall constitute but
one and the same instrument.

     7. FINAL AGREEMENT. BY SIGNING THIS DOCUMENT EACH PARTY REPRESENTS AND AGREES THAT:
(A) THIS DOCUMENT REPRESENTS THE FINAL AGREEMENT BETWEEN PARTIES WITH RESPECT TO THE SUBJECT MATTER
HEREOF, (B) THIS DOCUMENT SUPERSEDES ANY COMMITMENT LETTER, TERM SHEET OR OTHER WRITTEN OUTLINE OF
TERMS AND CONDITIONS RELATING TO THE SUBJECT MATTER HEREOF, UNLESS SUCH COMMITMENT LETTER, TERM
SHEET OR OTHER WRITTEN OUTLINE OF TERMS AND CONDITIONS EXPRESSLY PROVIDES TO THE CONTRARY, (C)
THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES, AND (D) THIS DOCUMENT MAY NOT BE
CONTRADICTED BY EVIDENCE OF ANY PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OR
UNDERSTANDINGS OF THE PARTIES.

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This Amendment is executed as of the date stated at the beginning of this Amendment.

	 	 	 	 	 
	 	Bank of America, N.A.

 	 
	 	By  	     /s/ Thomas R. Sullivan
 	 
	 	 	Thomas R. Sullivan, Senior Vice President 	 
	 	 	 	 
	 
	 	California Water Service Company

 	 
	 	By  	     /s/ Martin Kropelnicki
 	 
	 	 	Martin Kropelnicki, Vice President, 	 
	 	 	Chief Financial Officer and Treasurer 	 
	 

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CONSENT AND REAFFIRMATION

OF GUARANTOR

     The undersigned, as guarantor of the Borrower’s obligations to the Bank under the Agreement,
hereby (i) acknowledges and consents to the foregoing Amendment, (ii) reaffirms its obligations
under its guaranty in favor of the Bank and under any agreement under which it has granted to the
Bank a lien or security interest in any of its real or personal property, and (iii) confirms that
such guaranty and other agreements (if any) remain in full force and effect, without defense,
offset, or counterclaim. (Capitalized terms used herein shall have the meanings specified in the
foregoing Amendment.)

     Although the undersigned has been informed of the terms of the Amendment, it understands and
agrees that the Bank has no duty to so notify it or any other guarantor or to seek this or any
future acknowledgment, consent or reaffirmation, and nothing contained herein shall create or imply
any such duty as to any transactions, past or future.

          Dated as of April 17, 2009.

	 	 	 	 	 
	 	California Water Service Group

 	 
	 	By:  	     /s/ Martin Kropelnicki
 	 
	 	 	Martin Kropelnicki, Vice President, 	 
	 	 	Chief Financial Officer and Treasurer 	 
	 

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Exhibit 10.2

AMENDMENT NO. 1 TO LOAN AGREEMENT

     This Amendment No. 1 (the “Amendment”) dated as of April 17, 2009, is among Bank of America,
N.A. (the “Bank”), California Water Service Group, CWS Utility Services, New Mexico Water Service
Company, Washington Water Service Company, and Hawaii Water Service Company, Inc. (collectively,
the “Borrowers”).

RECITALS

     A. The Bank and the Borrowers entered into a certain Loan Agreement dated as of May 30, 2007
(together with any previous amendments, the “Agreement”).

     B. The Bank and the Borrowers desire to amend the Agreement.

AGREEMENT

     1. Definitions. Capitalized terms used but not defined in this Amendment shall have
the meaning given to them in the Agreement.

     2. Amendments. The Agreement is hereby amended as follows:

          2.1 Paragraph 1.2 is hereby amended to read in its entirety as follows:

          1.2 Availability Period. The line of credit is available between the date of
this Agreement and the date that is three hundred and sixty-four (364) days after the date
of that certain Amendment No. 1 to Loan Agreement among the Bank and the Borrowers that
amends this Agreement, or such earlier date as the availability period may terminate as
provided in this Agreement (the “Facility No. 1 Expiration Date”).

          2.2 Paragraph 1.4(a) is hereby amended to read in its entirety as follows:

          (a) The interest rate is a rate per year equal to the Bank’s Prime Rate minus 0.75
percentage point.

          2.3 Paragraph 1.5(a) is hereby amended to read in its entirety as follows:

          (a) The LIBOR Rate plus 1.0 percentage point.

          2.4 Paragraph 3.1(a) is hereby amended to read in its entirety as follows:

          (a) Unused Commitment Fee. The Borrowers agree to pay a fee on any difference
between the Facility No. 1 Commitment and the amount of credit they actually use, determined
by the average of the daily amount of credit outstanding during the specified period. The
fee will be calculated in arrears at 0.15% per year. The calculation of credit outstanding
shall include the undrawn amount of letters of credit.

 - 1 - 

 

This fee is due on June 30, 2009, and on the last day of each following quarter until the
expiration of the availability period.

     3. Representations and Warranties. When the Borrowers sign this Amendment, each
Borrower represents and warrants to the Bank that: (a) there is no event which is, or with notice
or lapse of time or both would be, a default under the Agreement except those events, if any, that
have been disclosed in writing to the Bank or waived in writing by the Bank, (b) the
representations and warranties in the Agreement are true as of the date of this Amendment as if
made on the date of this Amendment, (c) this Amendment does not conflict with any law, agreement,
or obligation by which such Borrower is bound, and (d) if such Borrower is a business entity or a
trust, this Amendment is within such Borrower’s powers, has been duly authorized, and does not
conflict with any of such Borrower’s organizational papers.

     4. Condition. This Amendment will be effective when the Bank receives, in form
acceptable to the Bank, payment by the Borrowers of all costs, expenses and attorneys’ fees
(including allocated costs for in-house legal services) incurred by the Bank in connection with
this Amendment.

     5. Effect of Amendment. Except as provided in this Amendment, all of the terms and
conditions of the Agreement shall remain in full force and effect.

     6. Counterparts. This Amendment may be executed in counterparts, each of which when
so executed shall be deemed an original, but all such counterparts together shall constitute but
one and the same instrument.

     7. FINAL AGREEMENT. BY SIGNING THIS DOCUMENT EACH PARTY REPRESENTS AND AGREES THAT:
(A) THIS DOCUMENT REPRESENTS THE FINAL AGREEMENT BETWEEN PARTIES WITH RESPECT TO THE SUBJECT MATTER
HEREOF, (B) THIS DOCUMENT SUPERSEDES ANY COMMITMENT LETTER, TERM SHEET OR OTHER WRITTEN OUTLINE OF
TERMS AND CONDITIONS RELATING TO THE SUBJECT MATTER HEREOF, UNLESS SUCH COMMITMENT LETTER, TERM
SHEET OR OTHER WRITTEN OUTLINE OF TERMS AND CONDITIONS EXPRESSLY PROVIDES TO THE CONTRARY, (C)
THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES, AND (D) THIS DOCUMENT MAY NOT BE
CONTRADICTED BY EVIDENCE OF ANY PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OR
UNDERSTANDINGS OF THE PARTIES.

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This Amendment is executed as of the date stated at the beginning of this Amendment.

	 	 	 	 	 	 	 
	 	 	Bank of America, N.A.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	     /s/ Thomas R. Sullivan
 

	 	 
	 

	 	 	 	Thomas R. Sullivan, Senior Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	California Water Service Group	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	     /s/ Martin Kropelnicki
 

Martin Kropelnicki, Vice President,

Chief Financial Officer and Treasurer
	 	 
	 
	 	 	 	 	 	 
	 	 	CWS Utility Services	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	     /s/ Martin Kropelnicki
 

Martin Kropelnicki, Vice President,

Chief Financial Officer and Treasurer
	 	 
	 
	 	 	 	 	 	 
	 	 	New Mexico Water Service Company	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	     /s/ Martin Kropelnicki
 

Martin Kropelnicki, Vice President,

Chief Financial Officer and Treasurer
	 	 
	 
	 	 	 	 	 	 
	 	 	Washington Water Service Company	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	     /s/ Martin Kropelnicki
 

Martin Kropelnicki, Vice President,

Chief Financial Officer and Treasurer
	 	 
	 
	 	 	 	 	 	 
	 	 	Hawaii Water Service Company, Inc.	 	 
	 
	 	 	 	 	 	 
	 

	 	By
	 	     /s/ Martin Kropelnicki
 

Martin Kropelnicki, Vice President,

Chief Financial Officer and Treasurer
	 	 

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