Essential Utilities, Inc. 6,700,000 Shares Common Stock, Par Value $0.50 Per Share Underwriting Agreement August 11, 2020Underwriting Agreement • August 13th, 2020 • Essential Utilities, Inc. • Water supply • New York
Essential Utilities, Inc., a Pennsylvania corporation (the “Company”) and Royal Bank of Canada (acting through its agent, RBC Capital Markets, LLC) (in such capacity, the “Forward Seller”), at the Company’s request in connection with the letter agreement dated the date hereof between the Company and Royal Bank of Canada (acting through its agent, RBC Capital Markets, LLC) (in such capacity, the “Forward Purchaser”) (such letter agreement, the “Forward Sale Agreement”), relating to the forward sale by the Company, subject to the Company’s right to elect Cash Settlement or Net Share Settlement (as such terms are defined in the Forward Sale Agreement), of a number of shares of common stock, par value $0.50 per share, of the Company (“Stock”) equal to the number of Borrowed Securities (as defined below) contemplated to be sold by the Forward Seller pursuant to this Agreement, confirm their respective agreements with the Underwriter with respect to the sale by the Forward Seller and the pur
REGISTERED FORWARD CONFIRMATIONRegistered Forward Confirmation • August 13th, 2020 • Essential Utilities, Inc. • Water supply • New York
The purpose of this letter agreement is to set forth certain terms and conditions of the Transaction entered into between Royal Bank of Canada (“Dealer”) and Essential Utilities, Inc. (“Company”) on the Trade Date specified below (the “Transaction”). This letter agreement shall be a “Confirmation” for purposes of the Agreement specified below and a confirmation for purposes of Rule 10b-10 promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
