AVISTA CORPORATION (a Washington corporation) Common Stock SALES AGENCY AGREEMENTSales Agency Agreement • March 2nd, 2016 • Avista Corp • Electric & other services combined • New York
Avista Corporation, a Washington corporation (the “Company”), confirms its agreement (the “Agreement”) with Merrill Lynch, Pierce, Fenner & Smith Incorporated (the “Sales Agent”), whereby the Company, subject to the terms and conditions set forth herein, may from time to time offer shares (“Shares”) of its Common Stock, without nominal or par value (“Common Stock”), and the Sales Agent, subject to such terms and conditions, shall offer Shares for sale as the Company’s sales agent or, in limited circumstances with the agreement of both the Company and the Sales Agent, may purchase Shares as principal.
