REGISTRATION RIGHTS AGREEMENT Between CANADIAN PACIFIC RAILWAY LIMITED (the “Corporation”) And PERSHING SQUARE CAPITAL MANAGEMENT, L.P. (“Pershing Square”) July 29, 2013Registration Rights Agreement • July 30th, 2013 • Canadian Pacific Railway LTD/Cn • Railroads, line-haul operating • Ontario
This Registration Rights Agreement is made on July 29, 2013 between Canadian Pacific Railway Limited (the “Corporation”), a corporation governed by the laws of Canada, and Pershing Square Capital Management, L.P. (“Pershing Square”), a Delaware limited partnership, on behalf of the undersigned investment funds managed by Pershing Square (each a “Holder”, and together the “Holders”).
