SEC Contract Filing

Filing Date: 2016-02-25

Document Content:
<DOCUMENT>
<TYPE>EX-10.13.10
<SEQUENCE>4
<FILENAME>awk-ex101310_407.htm
<DESCRIPTION>EX-10.13.10
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="text-align:right;margin-bottom:12pt;margin-top:12pt;font-weight:bold;font-family:Times New Roman;font-size:12pt;font-style:normal;text-transform:none;font-variant: normal;text-indent:7.69%;">Exhibit 10.13.10</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:12pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:0%;">AMERICAN WATER WORKS COMPANY, INC. <br>2007 OMNIBUS EQUITY COMPENSATION PLAN <br><font style="text-decoration:underline;">NONQUALIFIED STOCK OPTION GRANT</font></p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:7.69%;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">This STOCK OPTION GRANT, dated as of February&#160;17, 2015, (the &#8220;<font style="text-decoration:underline;">Date of Grant</font>&#8221;) is delivered by American Water Works Company, Inc. (the &#8220;<font style="text-decoration:underline;">Company</font>&#8221;) to ___________ (the &#8220;<font style="text-decoration:underline;">Participant</font>&#8221;). </p>
<p style="text-align:center;margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">RECITALS </font></p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:7.69%;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS, the Committee (as defined in the American Water Works Company, Inc. 2007 Omnibus Equity Compensation Plan) has adopted a 2015 Long Term Incentive Plan (&#8220;<font style="text-decoration:underline;">2015 LTIP</font>&#8221;) pursuant to which designated employees will be granted equity awards (collectively, the &#8220;<font style="text-decoration:underline;">Equity Award</font>&#8221;) for shares of Common Stock of the Company, par value $0.01 per share, (the &#8220;<font style="text-decoration:underline;">Company Stock</font>&#8221;); </p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:7.69%;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS, the Equity Award is comprised of four separate grants, a nonqualified stock option, a restricted stock unit, and two performance stock unit grants; </p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:7.69%;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS, the Committee has determined that the Participant is eligible to participate in the 2015 LTIP and to grant the Participant an Equity Award under the 2015 LTIP; and </p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:7.69%;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS, the Committee has determined that the nonqualified stock option portion of the Equity Award granted to the Participant pursuant to the 2015 LTIP shall be issued under the American Water Works Company, Inc. 2007 Omnibus Equity Compensation Plan (the &#8220;<font style="text-decoration:underline;">Plan</font>&#8221;), and the terms and conditions of such nonqualified stock option shall be memorialized in this grant (the &#8220;<font style="text-decoration:underline;">Grant</font>&#8221;). </p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:7.69%;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">NOW, THEREFORE, the parties to this Grant, intending to be legally bound hereby, agree as follows: </p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1. <font style="text-decoration:underline;">Grant of Option</font>. Subject to the terms and conditions set forth in this Grant and in the Plan, the Company hereby grants to the Participant a nonqualified stock option (the &#8220;<font style="text-decoration:underline;">Option</font>&#8221;) to purchase __________ shares of Company Stock, at an exercise price of $52.75 per share of Company Stock. </p>
<p style="margin-top:12pt;margin-bottom:12pt;margin-top:12pt;text-indent:0%;font-size:8pt;font-family:Times New Roman;">&nbsp;</p>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_AEIOULastRenderedPageBreakAEIOU2"></a><font style="font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2. </font><font style="text-decoration:underline;">Exercisability of Option</font><font style="font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">. </font></p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:7.69%;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(a) Except as provided