---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-014384"
form_type: "8-K"
ticker: "CWCO"
cik: "0000928340"
company_name: "Consolidated Water Co. Ltd."
filed_at: "2022-09-13T23:59:59+00:00"
generated_at: "2026-06-23T10:36:27.367811+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# CWCO amends EVP/COO Jerrybandan's contract; salary to $389,630, 2x severance on change of control

## Summary
- Base salary set at $389,630 per annum, payable semi-monthly.
- New termination provisions for death, bankruptcy, felony, or material harm after 10-day notice.
- Change-of-control severance: within one year post-change, receives 2x base salary plus accrued compensation.
- CEO determines annual extension by Aug 31; if not extended, severance = base salary for that year or Labour Act minimum, whichever greater.
- Amendment effective Sept 9, 2022; all other original agreement terms unchanged.

## SEC filing metadata
- accession: 0001558370-22-014384
- form_type: 8-K
- ticker: CWCO
- cik: 0000928340
- company_name: Consolidated Water Co. Ltd.
- filed_at: 2022-09-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928340/000155837022014384/0001558370-22-014384-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928340/000155837022014384/cwco-20220909x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-014384
- JSON: https://secwatch.observer/filing/0001558370-22-014384.json
- Plain text: https://secwatch.observer/filing/0001558370-22-014384.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.