Item 5.02.   Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangement of Certain Officers
Mr. Bryan K. Switzer, Vice President - Regulatory Affairs retired from Golden
State Water Company (GSWC), a wholly owned subsidiary of American States Water
Company (AWR), on January 14, 2022. GSWC and Mr. Switzer have entered into a
retirement agreement and general release of claims. Under the retirement
agreement, Mr. Switzer will remain eligible to receive his 2021 Aggregate Bonus
as defined in the AWR 2021 Short-Term Incentive Program (2021 STIP), which was
incorporated by reference to Exhibit 10.1 in a Form 8-K filed with the SEC on
April 1, 2021. Mr. Switzer's Aggregate Bonus under the 2021 STIP for the 2021
calendar year is subject to the terms and conditions of the 2021 STIP (other
than Section 10 of the 2021 STIP regarding the effect of termination of
employment). Mr. Switzer's Aggregate Bonus, if any is earned, will be paid at
the same time Aggregate Bonuses would normally be paid under the terms of the
2021 STIP. In consideration of GSWC's and AWR's performance under the retirement
agreement, Mr. Switzer has agreed to sign a general release of claims.
GSWC and Mr. Switzer have also entered into a contract for professional services
effective January 15, 2022 whereby Mr. Switzer has agreed to provide
administrative support to top executives of GSWC. Mr. Switzer will be paid
$125.00 per hour, with an eight hour minimum each week until termination of this
contract for work and services. In the event that GSWC terminates this contract
prior to July 1, 2022, Mr. Switzer will be entitled to an additional severance
payment of $12,000. The contract shall continue in full force and binding effect
until either party provides at least two weeks advance written notice to
terminate the contract.
Copies of the retirement agreement and general release of claims, and contract
for professional services are attached as Exhibits 10.1 and 10.2.

Item 9.01. Financial Statements and Exhibits The following documents are filed as Exhibits to this report: Exhibit No.

              Description
Exhibit 10.1               Retirement Agreement and General Release of

Claims between Golden State Water


                         Company and Bryan K. Switzer effective January 14,

2022



Exhibit 10.2               Contract for Professional Services between

Golden State Water Company and Bryan

K. Switzer effective January 15, 2022

Exhibit 104              Cover Page Interactive Data File - the cover page

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