REGULAR STOCK OPTION AGREEMENTRegular Stock Option Agreement • February 23rd, 2022 • Canadian Pacific Railway LTD/Cn • Railroads, line-haul operating • Minnesota
This Regular Stock Option Agreement is entered into between Canadian Pacific Railway Limited (the “Corporation”) and the Participant named above (the “Optionholder”) pursuant to the Canadian Pacific Railway Limited Management Stock Option Incentive Plan as amended from time to time (the “Plan”), a sub-plan under the Canadian Pacific Railway Limited Section 162(m) Incentive Plan (the “162(m) Plan”), and confirms that:
