CANADIAN PACIFIC RAILWAY LIMITED 9,840,890 Common Shares Underwriting AgreementUnderwriting Agreement • August 9th, 2016 • Canadian Pacific Railway LTD/Cn • Railroads, line-haul operating • New York
Certain shareholders named in Schedule 2 hereto (the “Selling Shareholders”) of Canadian Pacific Railway Limited, a Canadian corporation (the “Company”), propose to sell to the several underwriters listed in Schedule 1 hereto (the “Underwriters”), an aggregate of 9,840,890 Common Shares, no par value, of the Company (the “Shares”). The Shares of the Company to be outstanding after giving effect to the sale of the Shares are referred to herein as the “Stock”.
