0001104659-06-072812 Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • November 8th, 2006 • Golden State Water CO • Water supply • California

This Indemnification Agreement (“Agreement”) is made as of November, 8, 2004 by and between American States Water Company, a California corporation (“Company”), and (“Indemnitee”).

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NONQUALIFIED STOCK OPTION AGREEMENT (Non-Employee Director Grant)
American States Water Company • November 8th, 2006 • Golden State Water CO • Water supply • California

THIS OPTION AGREEMENT is between the Company and the Optionee named below and evidences the Company’s grant to the Optionee of a Nonqualified Stock Option to purchase authorized but unissued shares of the Company’s Common Shares. The Option is granted pursuant to and subject to the Company’s 2003 Non-Employee Directors Stock Plan (the “Plan”) and the Terms and Conditions for Nonqualified Stock Options Granted Under the 2003 Non-Employee Directors Stock Plan (the “Terms”), incorporated herein by this reference.

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