<SEC-DOCUMENT>0001140361-19-004138.txt : 20190301
<SEC-HEADER>0001140361-19-004138.hdr.sgml : 20190301
<ACCEPTANCE-DATETIME>20190228215420
ACCESSION NUMBER:		0001140361-19-004138
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20190228
FILED AS OF DATE:		20190301
DATE AS OF CHANGE:		20190228

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ALGONQUIN POWER & UTILITIES CORP.
		CENTRAL INDEX KEY:			0001174169
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37946
		FILM NUMBER:		19646536

	BUSINESS ADDRESS:	
		STREET 1:		354 DAVIS ROAD
		CITY:			OAKVILLE
		STATE:			A6
		ZIP:			L6J2X1
		BUSINESS PHONE:		0000000000

	MAIL ADDRESS:	
		STREET 1:		354 DAVIS ROAD
		CITY:			OAKVILLE
		STATE:			A6
		ZIP:			L6J2X1

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALGONQUIN POWER INCOME FUND
		DATE OF NAME CHANGE:	20020523
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>form6k.htm
<DESCRIPTION>6-K
<TEXT>
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    <div style="text-align: center; font-family: Arial; font-size: 14pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-size: 14pt; font-family: Arial;"><font style="font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</font></div>
    <div style="text-align: center; font-size: 12pt; font-family: Arial;"><font style="font-weight: bold;">Washington, D.C. 20549</font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: center;">
      <hr noshade="noshade" align="center" style="background-color: #000000; border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; margin: 0px auto; height: 2px; width: 22%; color: #000000; text-align:
        center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;"> </font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: center; font-size: 18pt; font-family: Arial;"><font style="font-weight: bold;">FORM 6-K</font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: center;">
      <hr noshade="noshade" align="center" style="background-color: #000000; border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; margin: 0px auto; height: 2px; width: 22%; color: #000000; text-align:
        center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;"> </font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt;"><font style="font-size: 10pt; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER</font></font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;">Pursuant to Rule 13a-16 or 15d-16 of the</font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;">Securities Exchange Act of 1934</font></div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;">Date: February 28, 2019</font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt;"><font style="font-size: 10pt; font-weight: bold;">Commission File Number:</font>&#160;<font style="font-size: 10pt; font-weight: bold;">001-37946</font></font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt;"><font style="font-size: 10pt; font-weight: bold;"> <br>
        </font></font></div>
    <div style="text-align: center;">
      <hr noshade="noshade" align="center" style="background-color: #000000; border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; margin: 0px auto; height: 2px; width: 22%; color: #000000; text-align:
        center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;"> </font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: center; font-size: 24pt; font-family: Arial;"><font style="font-weight: bold;">Algonquin Power &amp; Utilities Corp.</font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;">(Translation of registrant&#8217;s name into English)</font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: center;">
      <hr noshade="noshade" align="center" style="background-color: #000000; border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; margin: 0px auto; height: 2px; width: 22%; color: #000000; text-align:
        center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;"> </font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;">354 Davis Road</font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt;"><font style="font-size: 10pt; font-weight: bold;">Oakville, Ontario, L6J 2X1, Canada</font></font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;">(Address of principal executive offices)</font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: center;">
      <hr noshade="noshade" align="center" style="background-color: #000000; border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; margin: 0px auto; height: 2px; width: 22%; color: #000000; text-align:
        center;"></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: left; text-indent: 36pt; font-family: Arial;"><font style="font-size: 10pt;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</font></div>
    <div style="text-align: left; text-indent: 36pt; font-family: Arial;"><font style="font-size: 10pt;"> <br>
      </font></div>
    <div>
      <table cellspacing="0" cellpadding="0" border="0" id="z58fb6e681c9c43b7979a4a9276d77d82" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;">

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            <td style="width: 30%;"><font style="font-family: Arial;"><br>
              </font> </td>
            <td style="width: 70%;">
              <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;"><font style="font-size: 10pt;">Form 20-F &#9744;</font><font style="font-size: 10pt;">&#160; &#160; </font><font style="font-size: 10pt;">Form 40-F &#9746;</font></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <div style="text-align: left; text-indent: 36pt; font-family: Arial;"><font style="font-size: 10pt;"><font style="font-size: 10pt;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule
          101(b)(1): </font>&#9744;</font></div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <div style="text-align: left; text-indent: 36pt; font-family: Arial;"><font style="font-size: 10pt;"><font style="font-size: 10pt;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule
          101(b)(7): </font>&#9744;</font></div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <div>
      <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"></div>
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    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;">INCORPORATION BY REFERENCE</font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">This Report on Form 6-K is hereby incorporated by reference into the Registration Statement on Form F-10, File No. 333-227245.</font></div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;">EXPLANATORY NOTE</font></div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">On February 28, 2019, Algonquin Power &amp; Utilities Corp. (the &#8220;Company&#8221;) entered into an Equity Distribution Agreement (the &#8220;Agreement&#8221;) with certain agents named
        therein (the &#8220;Sales Agents&#8221;). Pursuant to the terms of the Agreement, the Company may sell from time to time through the Sales Agents, shares of the Company&#8217;s common shares having an aggregate offering price of up to $250,000,000 (the &#8220;Shares&#8221;).
        Sales of the Shares, if any, will be made by means of ordinary brokers&#8217; transactions through the facilities of the Toronto Stock Exchange or The New York Stock Exchange or otherwise as may be agreed by the Company and the Sales Agents.</font></div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">The Shares will initially be issued pursuant to the Company&#8217;s automatic shelf registration statement on Form F-10 that is currently on file (Registration No. 333-227245).</font></div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">The summary of the Agreement in this report does not purport to be complete and is qualified by reference to the full text of the Agreement, a copy of which is filed as
        Exhibit 99.1 to this Report on Form 6-K.</font></div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;">EXHIBIT INDEX</font></div>
    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt; font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">The following exhibits are filed as part of this Form 6-K:</font></div>
    <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;"> <br>
      </font></div>
    <table cellspacing="0" cellpadding="0" border="0" style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; width: 100%; border-collapse: collapse;" id="z337017f1db294a81ad51e227b1806971">

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          <td style="width: 2%; vertical-align: top; padding-bottom: 2px;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td style="width: 10%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt;">Exhibit</font></div>
          </td>
          <td style="width: 2%; vertical-align: bottom; padding-bottom: 2px;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td style="width: 86%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">Description</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 2%; vertical-align: top;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td style="width: 10%; vertical-align: bottom;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td colspan="2" style="vertical-align: bottom;"><font style="font-family: Arial;"><br>
            </font> </td>
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            </font> </td>
          <td style="width: 10%; vertical-align: bottom;">
            <div style="text-align: left; font-family: Arial;"><a href="ex99_1.htm"><font style="font-size: 10pt;">99.1</font></a></div>
          </td>
          <td style="width: 2%; vertical-align: bottom;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td style="width: 86%; vertical-align: bottom;">
            <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">Equity Distribution Agreement</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 2%; vertical-align: top;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td style="width: 10%; vertical-align: bottom;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td style="width: 2%; vertical-align: bottom;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td style="width: 86%; vertical-align: bottom;"><font style="font-family: Arial;"><br>
            </font> </td>
        </tr>
        <tr>
          <td style="width: 2%; vertical-align: top;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td style="width: 10%; vertical-align: bottom;">
            <div style="text-align: left; font-family: Arial;"><a href="ex99_2.htm"><font style="font-size: 10pt;">99.2</font></a></div>
          </td>
          <td style="width: 2%; vertical-align: bottom;"><font style="font-family: Arial;"><br>
            </font> </td>
          <td style="width: 86%; vertical-align: bottom;">
            <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">Press Release</font></div>
          </td>
        </tr>

    </table>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
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    <div style="text-align: center; font-family: Arial;"><font style="font-size: 10pt;"><font style="font-size: 10pt; font-weight: bold;">SIGNATURE</font></font></div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial;"> </font><font style="font-family: Arial;"><br>
      </font> </div>
    <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
        duly authorized.</font></div>
    <div><font style="font-family: Arial;"><br>
      </font> </div>
    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse;" id="z396b34c3855449008b91e23b4b78d8ba">

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          <td style="width: 50%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td colspan="2" rowspan="2" style="vertical-align: top;">
            <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">ALGONQUIN POWER &amp; UTILITIES CORP.</font></div>
            <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">(registrant)</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: bottom; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 3%; vertical-align: top; font-family: Arial;">&#160;</td>
          <td style="width: 47%; vertical-align: bottom; font-family: Arial;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: bottom;">
            <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">Date: February 28, 2019</font></div>
          </td>
          <td style="width: 3%; vertical-align: top;">
            <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">By:</font></div>
          </td>
          <td style="width: 47%; vertical-align: bottom;">
            <div style="text-align: left; font-family: Arial;"><u><font style="font-size: 10pt;"><font style="font-size: 10pt;">/s/ David Bronicheski</font></font></u></div>
          </td>
        </tr>

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    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse;">

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          <td style="width: 50%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">Name:</font></div>
          </td>
          <td style="width: 45%; vertical-align: bottom;">
            <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">David Bronicheski</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: bottom; font-family: Arial;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">Title:</font></div>
          </td>
          <td style="width: 45%; vertical-align: bottom;">
            <div style="text-align: left; font-family: Arial;"><font style="font-size: 10pt;">Chief Financial Officer</font></div>
          </td>
        </tr>

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    <div><font style="font-family: Arial;"><br>
      </font> </div>
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  <font style="font-family: Arial;"> </font>
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    </font> </div>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Summit, a Broadridge Company
         Document created using EDGARfilings PROfile 5.1.0.0
         Copyright 1995 - 2019 Broadridge -->
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<body text="#000000" bgcolor="#ffffff" style="font-family: Arial; font-size: 10pt;">
  <div>
    <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;">
    <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 99.1</font><br>
    </div>
    <div> <br>
    </div>
    <div>
      <div style="text-align: center;"><font style="font-weight: bold; font-family: Arial; font-size: 10pt;"><u>ALGONQUIN POWER &amp; UTILITIES CORP.</u></font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;"> <br>
        </font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">EQUITY DISTRIBUTION AGREEMENT</font></div>
      <div>&#160;</div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">February<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">&#160;</font>28, 2019</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" border="0" id="z6bff0157390246c5a2305d8529d4fa1f" style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse;">

          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">RBC Dominion Securities Inc.</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">RBC Capital Markets, LLC</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">4<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor, South Tower, 200 Bay Street</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">200 Vesey St.</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Toronto, ON&#160; M5J 2W7</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">New York, NY 10281-8098</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Canada</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">United States</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">&#160;</td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">J.P. Morgan Securities Canada Inc.</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">J.P. Morgan Securities LLC</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">200 Bay St</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">383 Madison Avenue</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Toronto, ON M5J 2J2</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">New York, NY 10179</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Canada</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">United States</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">&#160;</td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Merrill Lynch Canada Inc.</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Merrill Lynch, Pierce, Fenner &amp; </font><font style="font-size: 10pt; font-family: Arial;">Smith Incorporated</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">181 Bay Street, Suite 400</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">One Bryant Park</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Toronto ON M5J 2V8</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">New York, NY 10036</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1"><font style="font-size: 10pt; font-family: Arial;">Canada</font></td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">United States</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">&#160;</td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Scotia Capital Inc.</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Scotia Capital (USA) Inc.</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">40 King St. West, 64<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">250 Vesey Street, 24<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Toronto, ON&#160; M5W 2X6</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">New York, New York 10281</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Canada</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">United States</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">&#160;</td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">TD Securities Inc.</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">TD Securities (USA) LLC</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">66 Wellington Street W, 9<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor<br>
                </font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">31 W 52<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">nd</sup> St #18</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Toronto, ON&#160; M5K 1A2</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">New York, NY 10019</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;" rowspan="1"><font style="font-size: 10pt; font-family: Arial;">Canada</font></td>
            <td style="width: 50%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">United States</font></div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zdf89bc7a733146aeb1d9369c4be1b18c" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Mr. Ian E. Robertson, Chief Executive Officer</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Dear Sirs and Mesdames:</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z2963e533330a4992b4b7175cf585d29f" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Re:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ATM Distribution</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Algonquin Power &amp; Utilities Corp. (the<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">&#160;</font>&#8220;<font style="font-size: 10pt; font-family:
            Arial; font-weight: bold;">Corporation</font>&#8221;), a corporation incorporated under the <font style="font-size: 10pt; font-family: Arial; font-style: italic;">Canada Business Corporations Act</font>, confirms its agreement (this &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Agreement</font>&#8221;) with RBC Dominion Securities Inc., J.P. Morgan Securities Canada Inc., Merrill Lynch Canada Inc., Scotia Capital Inc. and TD Securities Inc. (collectively, the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Canadian Agents</font>&#8221;) and RBC Capital Markets, LLC, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated, Scotia Capital (USA) Inc. and TD
          Securities (USA) LLC (collectively, the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">U.S. Agents</font>&#8221;, and together with the Canadian Agents, the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Agents</font>&#8221;)












          to issue and sell common shares of the Corporation (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Common Shares</font>&#8221;) upon the terms and conditions as set forth herein. The following are the terms and conditions of
          this Agreement:</font></div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 2 -</font></div>
      </div>
      <!--PROfilePageNumberReset%Num%2%- % -%-->
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE I</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">DEFINITIONS</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z38c9c0b7933a40db96f8a12d63e8bef8" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">1.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">In this Agreement, the following terms shall have the following meanings:</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: -36pt; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Agents</font>&#8221; has the meaning given thereto on the
          first page hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: -36pt; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Agreement</font>&#8221; has the meaning given thereto on the
          first page hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Algonquin Companies</font>&#8221; means those corporations set out on pages 1 and
          2 of the Annual Information Form, which are owned directly or indirectly by the Corporation;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Algonquin Partnerships</font>&#8221; means those partnerships set out on </font><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;">pages 1 and 2</font> of the Annual Information Form, which are owned directly or indirectly by the Corporation;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Algonquin Trusts</font>&#8221; means those trusts set out on </font><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;">pages 1 and 2</font> of the Annual Information Form, which are owned directly or indirectly by the Corporation;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Amendment Date</font>&#8221; has the meaning given thereto in Section 9.1(a)(i)
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Annual Information Form</font>&#8221; means the annual information form of the
          Corporation dated February 28, 2019;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Anti-Money Laundering Laws</font>&#8221; has the meaning given thereto in Section
          8.1(dd) hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Applicable Time</font>&#8221; means, with respect to any Placement Shares, the
          time of sale of such Placement Shares pursuant to this Agreement;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Authorized Representative</font>&#8221; has the meaning given thereto in Section
          3.1 hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Base Prospectuses</font>&#8221; means, collectively, the Canadian Base Prospectus
          and the U.S. Base Prospectus;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">BHC Act Affiliate</font>&#8221; has the meaning given thereto in Section 19.7(c)
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Bribery Act</font>&#8221; has the meaning given thereto in Section 8.1(cc)
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Business Day</font>&#8221; means any day on which the NYSE and TSX are open for
          business;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Canadian Agents</font>&#8221; has the meaning given thereto on the first page
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Canadian Base Prospectus</font>&#8221; means the Canadian Final Base Prospectus
          relating to the Shelf Securities, at the time the Reviewing Authority issued the Final Receipt with respect thereto in accordance with Canadian Securities Laws, Canadian Shelf Procedures, and includes all documents incorporated therein by
          reference and the documents otherwise deemed to be a part thereof or included therein pursuant to Canadian Securities Laws, including but not limited to, all Designated News Releases;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Canadian Final Base Prospectus</font>&#8221; means the final short form base
          shelf prospectus (in both the English and French languages) of the Corporation dated September 18, 2018;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Canadian Marketplace</font>&#8221; has the meaning given thereto in Section 4.1
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Canadian Preliminary Base Prospectus</font>&#8221; means the preliminary short
          form base shelf prospectus (in both the English and French languages) of the Corporation dated September 7, 2018;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Canadian Prospectus</font>&#8221; means the Canadian Prospectus Supplements (and
          any additional Canadian Prospectus Supplement prepared in accordance with the provisions of this Agreement and filed with the Canadian Qualifying Authorities in accordance with Canadian Securities Laws) together with the Canadian Base Prospectus;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Canadian Prospectus Supplements</font>&#8221; means the most recent prospectus
          supplement (in both the English and French languages) to the Canadian Base Prospectus relating to the Placement Shares, filed or to be filed, as applicable, by the Corporation with the Canadian Qualifying Authorities in accordance with Canadian
          Securities Laws;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Canadian Qualifying Authorities</font>&#8221; means the securities regulatory
          authorities in each of the provinces of Canada;</font></div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 3 -</font></div>
      </div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Canadian Qualifying Jurisdictions</font>&#8221; means each of the provinces of
          Canada;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Canadian Securities Laws</font>&#8221; means the applicable rules and regulations
          under such laws, together with applicable published national, multilateral and local policy statements, instruments, notices and blanket orders of the Canadian Qualifying Authorities in each of the Canadian Qualifying Jurisdictions as modified by
          the Exemption;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Canadian Shelf Procedures</font>&#8221; means NI 44-101 and NI 44-102;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">CFO Certificate</font>&#8221; has the meaning given thereto in Section 9.1(q)
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Comfort Letter</font>&#8221; and &#8220;<font style="font-size: 10pt; font-family:
            Arial; font-weight: bold;">Comfort Letters</font>&#8221; each has the meaning given thereto in Section 9.1(p) hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Common Shares</font>&#8221; has the meaning given thereto on the first page
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Corporation</font>&#8221; has the meaning given thereto on the first page hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Covered Entity</font>&#8221; has the meaning given thereto in Section 19.7(c)
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Default Right</font>&#8221; has the meaning given thereto in Section 19.7(c)
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Designated News Release</font>&#8221; means a news release disseminated by the
          Corporation in respect of previously undisclosed information that, in the Corporation&#8217;s determination, constitutes a material fact (as such term is defined in Canadian Securities Laws) and identified by the Corporation as a &#8220;designated news
          release&#8221; in writing on the face page of the version of such news release that is filed by the Corporation on SEDAR;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Disclosure Package</font>&#8221; has the meaning given thereto in Section 8.1(b)
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">EDGAR</font>&#8221; means the SEC&#8217;s Electronic Data Gathering Analysis and
          Retrieval System;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Enbridge Acquisition</font>&#8221; means the indirect acquisition by the
          Corporation of Enbridge Gas New Brunswick Limited Partnership and Enbridge Gas New Brunswick Inc., pursuant to the terms of the securities purchase agreement dated December 3, 2018 among Enbridge Energy Distribution Inc., Enbridge Atlantic
          (Holdings) Inc. and Liberty Utilities (Canada) LP pursuant to which the Corporation agreed to indirectly acquire from Enbridge Inc. all of the issued and outstanding limited partnership interests of Enbridge Gas New Brunswick Limited Partnership
          and all of the issued and outstanding shares in Enbridge Gas New Brunswick Inc.;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Environmental Laws</font>&#8221; means any Canadian, United States and other
          applicable foreign, federal, provincial, state, local or municipal laws, statutes, codes, rules, orders, regulations and common law relating to the protection of human health and safety, the environment or hazardous or toxic substances or wastes,
          pollutants or contaminants;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Exchange Act</font>&#8221; means the <font style="font-size: 10pt; font-family:
            Arial; font-style: italic;">United States Securities Exchange Act of 1934</font>, as amended;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Exemption</font>&#8221; means the exemptive relief decision dated February 26,
          2019 obtained by the Corporation pursuant to National Policy 11-203 <font style="font-size: 10pt; font-family: Arial; font-style: italic;">Process for Exemptive Relief Applications in Multiple Jurisdictions</font> providing relief from certain
          Canadian Securities Laws with respect to the Offering;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Facilities</font>&#8221; has the meaning given thereto in Section 8.1(v) hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">FCPA</font>&#8221; has the meaning given thereto in Section 8.1(cc) hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Final Receipt</font>&#8221; has the meaning given thereto in Section 7.1 hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Indemnified Party</font>&#8221; or &#8220;<font style="font-size: 10pt; font-family:
            Arial; font-weight: bold;">Indemnified Parties</font>&#8221; has the meaning given thereto in Schedule 2 hereof;</font></div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 4 -</font></div>
      </div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Initial Comfort Letters</font>&#8221; has the meaning given thereto in Section
          9.1(p) hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Investment Company Act</font>&#8221; has the meaning given thereto in Section
          8.1(nn) hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Issuer Free Writing Prospectus</font>&#8221; means any &#8220;issuer free writing
          prospectus&#8221; as defined in Rule 433 relating to the Placement Shares that: (i) is required to be filed with the SEC by the Corporation; or (ii) is exempt from filing pursuant to Rule 433(d)(5)(i), in each case in the form filed or required to be
          filed with the SEC or, if not required to be filed, in the form retained in the Corporation&#8217;s records pursuant to Rule 433(g);</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">IT Systems and Data</font>&#8221; has the meaning given thereto in Section
          8.1(gg) hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Judgment Currency</font>&#8221; has the meaning given thereto in Section 19.5
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Material Adverse Effect</font>&#8221; means any change, event or effect that is
          or would reasonably be expected to be materially adverse to (i) the condition (financial<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">&#160;</font>or otherwise), earnings, properties, assets, business, operations or results of
          operations of the Corporation and its subsidiaries, taken as a whole (which, for greater certainty, includes anything that would result in the Prospectuses containing a misrepresentation within the meaning of Canadian Securities Laws and all
          applicable United States federal securities law), or (ii) the ability of the Corporation to perform its obligations under, and consummate the transactions contemplated by, this Agreement;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Material Contract</font>&#8221; has the meaning given thereto in Section 8.1(z)
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Net Proceeds</font>&#8221; has the meaning given thereto in Section 6.1 hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">NI 21-101</font>&#8221; means National Instrument 21-101 <font style="font-size:
            10pt; font-family: Arial; font-style: italic;">Market Operations</font>;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">NI 44-101</font>&#8221; means National Instrument 44-101 <font style="font-size:
            10pt; font-family: Arial; font-style: italic;">Short Form Prospectus Distributions</font>;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">NI 44-102</font>&#8221; means National Instrument 44-102 <font style="font-size:
            10pt; font-family: Arial; font-style: italic;">Shelf Distributions</font>;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">NYSE</font>&#8221; means the New York Stock Exchange;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Offering</font>&#8221; has the meaning given thereto in Section 2.1 hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Permits</font>&#8221; means all permits, consents, waivers, applications,
          authorizations, licences, certificates, approvals, registrations, franchises, rights, privileges and exemptions or the like issued or granted by any governmental authority or by any other third party, including, without limitation, any Permits
          pertaining to all applicable laws, regulations, standards, requirements, ordinances, policies, guidelines, orders, approvals, notices, directives, or parts thereof, pertaining to environmental or occupational health and safety matters;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Placement</font>&#8221; has the meaning given thereto in Section 3.1<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">&#160;</font>hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Placement Fee</font>&#8221; has the meaning given thereto in Section 3.2<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">&#160;</font>hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Placement Notice</font>&#8221; has the meaning given thereto in Section 3.1<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">&#160;</font>hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Placement Shares</font>&#8221; has the meaning given thereto in Section 3.1<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">&#160;</font>hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Prospectus Review Procedures</font>&#8221; has the meaning given thereto in
          Section 7.1 hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Prospectus Supplements</font>&#8221; means, collectively, the Canadian Prospectus
          Supplements and the U.S. Prospectus Supplements;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Prospectuses</font>&#8221; means, collectively, the Canadian Prospectus and the
          U.S. Prospectus;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Public Record</font>&#8221; means all documents incorporated by reference in the
          Canadian Prospectus and all information filed by or on behalf of the Corporation with the Canadian Qualifying Authorities after December 31, 2017 in compliance, or intended compliance, with applicable Canadian Securities Laws;</font></div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 5 -</font></div>
      </div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Registration Statement</font>&#8221; has the meaning given thereto in Section 7.2
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Representation Date</font>&#8221; has the meaning given thereto in Section 9.1(n)
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Reviewing Authority</font>&#8221; has the meaning given thereto in Section 7.1
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Rule 433</font>&#8221; means Rule 433 under the U.S. Securities Act;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Rules and Regulations</font>&#8221; has the meaning given thereto in Section 7.2
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Sanctions</font>&#8221; has the meaning given thereto in Section 8.1(ee) hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">SEC</font>&#8221; means the United States Securities and Exchange Commission;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">SEDAR</font>&#8221; means the System for Electronic Document Analysis and
          Retrieval;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Settlement Date</font>&#8221; has the meaning given thereto in Section 6.1
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Shelf Securities</font>&#8221; has the meaning given thereto in Section 7.1
          hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Trading Day</font>&#8221; means any day on which either the NYSE or the TSX are
          open for trading;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">TSX</font>&#8221; means the Toronto Stock Exchange;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">United States Marketplace</font>&#8221; has the meaning given thereto in Section
          4.1 hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">U.S. Agents</font>&#8221; has the meaning given thereto on the first page hereof;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">U.S. Base Prospectus</font>&#8221; means the Canadian Base Prospectus, with such
          deletions therefrom and additions thereto as are permitted or required by Form F-10, the U.S. Securities Act and the Rules and Regulations in the form in which it appeared in the Registration Statement on the date it became effective under the
          U.S. Securities Act;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">U.S. Prospectus</font>&#8221; means the most recent U.S. Prospectus Supplement
          (and any additional U.S. prospectus supplement prepared in accordance with the provisions of this Agreement and filed with the SEC in accordance with General Instruction II.L of Form F-10) together with the most recent U.S. Base Prospectus;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">U.S. Prospectus Supplements</font>&#8221; means the Canadian Prospectus
          Supplements, with such deletions therefrom and additions thereto as are permitted or required by Form F-10, the U.S. Securities Act and the Rules and Regulations, relating to the offering of the Placement Shares, filed or to be filed, as
          applicable, by the Corporation with the SEC pursuant to General Instruction II.L of Form F-10, and &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">U.S. Prospectus Supplement</font>&#8221; means any one of the U.S. Prospectus
          Supplements;</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">U.S.</font>&#160;<font style="font-size: 10pt; font-family: Arial; font-weight:
            bold;">Securities Act</font>&#8221; means the <font style="font-size: 10pt; font-family: Arial; font-style: italic;">United Stated Securities Act of 1933</font>, as amended; and</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">U.S. Special Resolution Regime</font>&#8221; has the meaning given thereto in
          Section 19.7(c) hereof.</font></div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE II</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ISSUANCE AND SALE OF COMMON SHARES</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="ze3e60dd2c07c43df98fa1d5eedc9d0dd" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">2.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation agrees that, from time to time during the term of this Agreement, on the terms and subject to the conditions set forth herein, it may issue and sell through the
                      Agents or any one of them, Common Shares having an aggregate sales price of up to U.S.$250,000,000 provided that the market value of Common Shares distributed by way of &#8220;at-the-market distributions&#8221; pursuant to this Agreement shall
                      not exceed 10% of the aggregate market value of the outstanding Common Shares as of the date specified in section 9.1 of NI 44-102, which shall be calculated in accordance with section 9.2 of NI 44-102 (the &#8220;<font style="font-size:
                        10pt; font-family: Arial; font-weight: bold;">Offering</font>&#8221;). The issuance and sale of the Common Shares through the Agents will be effected pursuant to the Canadian Prospectus and the Registration Statement filed by the
                      Corporation and declared effective by the SEC.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 6 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z007afcf876e449ed970ada81cb68c155" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">2.2</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">When determining the aggregate value of the Placement Shares (as defined below) sold, the Corporation will use the daily exchange rate posted by the Bank of Canada on the date the
                      applicable Placement Shares were sold to determine the U.S. dollar equivalent of any Placement Shares sold in consideration for Canadian dollars.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE III</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">PLACEMENTS</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z17b68b7c7f764dd48436656fd42ea884" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">3.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Each time that the Corporation wishes to issue and sell Common Shares hereunder (each, a &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Placement</font>&#8221;), it
                      will notify the applicable Agent or Agents by e-mail notice (or other method mutually agreed to in writing by the parties) (a &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Placement Notice</font>&#8221;), containing
                      the parameters within which it desires to sell the Common Shares, which shall at a minimum include the number of Common Shares to be sold pursuant to this Agreement (&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight:
                        bold;">Placement Shares</font>&#8221;), the time period during which sales are requested to be made, any limitation on the number of Placement Shares that may be sold in any one Trading Day, whether the Corporation desires the Placement
                      Shares to be sold on a particular stock exchange, and any minimum price below which sales may not be made and the amount of the Placement Fee (as defined below). The Placement Notice shall originate from any of the individuals (each
                      an &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Authorized Representative</font>&#8221;) from the Corporation set forth on Schedule 1 attached hereto, and shall be addressed to each of the respective individuals
                      from the applicable Agent or Agents set forth on Schedule 1 attached hereto, as such Schedule 1 may be amended from time to time by written notice to each of the parties hereto. The Placement Notice shall be effective upon delivery to
                      each of the respective individuals from the applicable Agent or Agents unless and until: (i) the applicable Agent or Agents declines to accept the terms contained therein for any reason, in its sole discretion, in accordance with the
                      notice requirements set forth in Section 5.1; (ii) the entire amount of the Placement Shares have been sold; (iii) the Corporation suspends or terminates the Placement Notice in accordance with the notice requirements set forth in
                      Article V or Article XIV, as applicable; (iv) the Corporation issues a subsequent Placement Notice with parameters superseding those on the earlier Placement Notice; or (v) this Agreement has been terminated under the provisions of
                      Article XIV. Notwithstanding the foregoing, the Corporation may not deliver a Placement Notice to an Agent if the Corporation has delivered a continuing Placement Notice to any other Agent, unless the Corporation has terminated the
                      prior Placement Notice in accordance with the notice requirements set forth in Article V.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zfc71d786a9114d07a38428e3257a73e2" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">3.2</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The amount of compensation to be paid by the Corporation to each Agent with respect to each Placement for which such Agent acted as sales Agent under this Agreement shall be equal to
                      up to 2% of the gross proceeds from such Placement (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Placement Fee</font>&#8221;), which amount shall be paid in the same currency as the sale of the Placement Shares
                      it pertains to.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z9ee9b79e1af94c33a3c929069a0453a2" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">3.3</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">It is expressly acknowledged and agreed that neither the Corporation nor the Agents will have any obligation whatsoever with respect to a Placement or any Placement Shares unless and
                      until the Corporation delivers a valid Placement Notice to the applicable Agent, which Placement Notice has not been declined, suspended or otherwise terminated in accordance with the terms of this Agreement, and then only upon the
                      terms specified therein and herein. It is also expressly acknowledged that the Agents will be under no obligation to purchase Placement Shares on a principal basis. In the event of a conflict between the terms of this Agreement and
                      the terms of a Placement Notice, the terms of the Placement Notice will prevail.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z79afdd2cfcb54f63b98db31161c311bf" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">3.4</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Under no circumstances shall the Corporation deliver a Placement Notice if after giving effect to the issuance of the Placement Shares requested to be issued under such Placement
                      Notice, the aggregate sales price of the Placement Shares sold pursuant to this Agreement would exceed US$250,000,000.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 7 -</font></div>
      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE IV</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">SALE OF PLACEMENT SHARES BY THE AGENTS</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zaec12024810a41e8b18837aa07338e47" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">4.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Subject to the terms and conditions of this Agreement, upon the Corporation&#8217;s issuance of a Placement Notice, and unless the sale of the Placement Shares described therein has been
                      declined, suspended, or otherwise terminated in accordance with the terms of this Agreement, each of the applicable Agents will severally and not jointly use its commercially reasonable efforts consistent with its normal trading and
                      sales practices to sell on behalf of the Corporation and as agent, such Placement Shares up to the amount specified during the time period specified, and otherwise in accordance with the terms of such Placement Notice. The Agents
                      severally and not jointly covenant and the Corporation acknowledges that the Agents will conduct the sale of Placement Shares in compliance with applicable law, rules and regulations including, without limitation, all applicable
                      United States federal securities laws, including the U.S. Securities Act and the Exchange Act, all applicable Canadian Securities Laws, and, if applicable, the rules of the NYSE and the TSX, and that such compliance may include a
                      delay in commencement of sales efforts after receipt of a Placement Notice. The applicable Agent will provide written confirmation to the Corporation no later than the opening of the Trading Day immediately following the Trading Day
                      on which it has made sales of Placement Shares hereunder setting forth the number of Placement Shares sold on such day (showing the number of Placement Shares sold on the TSX, on any other &#8220;marketplace&#8221; (as such term is defined in NI
                      21-101) in Canada (a &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Canadian Marketplace</font>&#8221;), on the NYSE, on any other &#8220;marketplace&#8221; (as such term is defined in NI 21-101) in the United States (a &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">United</font>&#160;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">States Marketplace</font>&#8221;) and pursuant to any other sales method used by the
                      Agents), the average price of the Placement Shares sold (showing the average price of the Placement Shares sold on the TSX, a Canadian Marketplace, the NYSE, a United States Marketplace and pursuant to any other sales method used by
                      the Agents), the gross proceeds, the commissions payable by the Corporation to the Agents with respect to such sales, and the Net Proceeds payable to the Corporation. The applicable Agents also severally (and not jointly) agree to
                      assist the Corporation with such other periodic reporting as may be reasonably requested by the Corporation with respect to the sales of Placement Shares. Subject to the terms and conditions of the Placement Notice, the Agents may
                      sell Placement Shares by any method permitted by law that constitutes an &#8220;at the market distribution&#8221; under NI 44-102 and made in compliance with the Exemption, including, without limitation, sales made directly on the NYSE and the
                      TSX, or on any Canadian Marketplace or United States Marketplace. Each of the U.S. Agents, severally (and not jointly) covenants and agrees with the Corporation that it shall not: (i) directly or indirectly, advertise or solicit
                      offers to purchase or sell Placement Shares in Canada; or (ii) sell Placement Shares on any Canadian Marketplace. For the avoidance of doubt, none of the U.S. Agents is acting as an underwriter of the Placement Shares in the Canadian
                      Qualifying Jurisdictions and no action on the part of any of the U.S. Agents in its capacity as an agent of the offering of the Placement Shares in the United States is intended to create any impression or support any conclusion that
                      it is acting as an underwriter of the Placement Shares in the Canadian Qualifying Jurisdictions.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z80240ed2504b4b5fb51f91f1fab49d6d" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">4.2</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Agents severally and not jointly acknowledge and agree that the aggregate number of Placement Shares sold on the TSX and all other Canadian Marketplaces on any Trading Day shall
                      not exceed 25% of the total trading volume of the Common Shares on the TSX and all other Canadian Marketplaces on that Trading Day, and covenant not to exceed that threshold.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z469a6d1ca4ee415496812c4eb69b6ff4" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">4.3</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Each of the Agents, as applicable, hereby covenants and agrees that, during the time the applicable Agent is the recipient of a Placement Notice pursuant to Section 3.1 hereof that
                      has not been declined, suspended or terminated in accordance with the terms hereof, such Agent will prudently and actively monitor the market&#8217;s reaction to trades made on any &#8220;marketplace&#8221; (as such term is defined in NI 21-101)
                      pursuant to this Agreement in order to evaluate the likely market impact of future trades, and that, if such Agent that is the recipient of the Placement Notice has concerns as to whether a particular sale contemplated by a Placement
                      Notice may have a significant effect on the market price of the Common Shares, the applicable Agent will, upon receipt of the applicable Placement Notice, recommend to the Corporation against effecting the trade at that time or on the
                      terms proposed. Notwithstanding the foregoing, the Corporation acknowledges and agrees that the Agents cannot provide complete assurances that any sale will not have a significant effect on the market price of the Common Shares.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 8 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z73074cfef34349308870f08faca39156" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">4.4</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Agents severally and not jointly covenant that the Agents will not (nor will any affiliate thereof or person or company acting jointly or in concert therewith) over-allot
                      Placement Shares in connection with the distribution of Placement Shares in an &#8220;at-the-market distribution&#8221; (as defined in NI 44-102) or effect any other transactions that are intended to stabilize or maintain the market price of the
                      Placement Shares in connection with such distribution.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zeb23c13d17c94cff9f11428eb4427d9c" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">4.5</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Notwithstanding anything to the contrary set forth in this Agreement or in a Placement Notice, the Corporation acknowledges and agrees that: (i) there can be no assurance that the
                      Agents will be successful in selling any Placement Shares or as to the price at which any Placement Shares are sold, if at all; and (ii) the Agents will incur no liability or obligation to the Corporation or any other person or entity
                      if they do not sell Placement Shares for any reason other than a failure by the Agents to use their commercially reasonable efforts consistent with their normal trading and sales practices to sell on behalf of the Corporation and as
                      agent such Placement Shares as provided under this Article IV.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE V</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">SUSPENSION OF SALES</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z8c76ac964a3c40b08186fbd653f75935" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">5.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation, or the applicable Agent or Agents, may, upon notice to the other party or parties in writing, by telephone (confirmed immediately by e-mail) or by e-mail notice (or
                      other method mutually agreed to in writing by the parties), suspend any sale of Placement Shares for any reason at any time for which it has delivered or received, as applicable, a Placement Notice; provided, however, that such
                      suspension shall not affect or impair any party&#8217;s obligations with respect to any Placement Shares sold hereunder prior to the receipt of such notice. The Corporation and each of the Agents, severally and not jointly, agree that no
                      such notice shall be effective against any other party unless it is made to, with respect to the Corporation, each of the individuals named as being authorized to act on behalf of the Corporation on Schedule 1 attached hereto or, with
                      respect to the applicable Agent, each of the individuals named as being authorized to act on behalf of the applicable Agent on Schedule 1 attached hereto, in each case, as such Schedule 1 may be amended from time to time by written
                      notice to each of the parties hereto.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z5145c86108874b048a931606222d0892" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">5.2</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Notwithstanding any other provision of this Agreement, during any period in which the Corporation is in possession of material non-public information, the Corporation and the Agents
                      (provided they have been given prior written notice of such by the Corporation, which notice the Agents, severally and not jointly, agree to treat confidentially) agree that no sale of Placement Shares will take place. The Corporation
                      and each of the Agents, severally and not jointly, agree that no such notice shall be effective against any applicable Agent unless it is made to, with respect to the applicable Agent, each of the respective individuals named as being
                      authorized to act on behalf of such Agent on Schedule 1 attached hereto, in each case, as such Schedule 1 may be amended from time to time by written notice to each of the parties hereto.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 9 -</font></div>
      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE VI</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">SETTLEMENT</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zcc05a959bd5d454bbf90e31fd4ada036" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">6.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the second (2nd) Trading Day on the applicable stock exchange on
                      which the Placement Shares were sold or, if the Placement Shares are not sold on a stock exchange, on the second (2nd) Trading Day (or, in either case, such earlier day as is agreed by the Corporation and the applicable Agent or
                      Agents to be industry practice for regular-way trading) following the date on which such sales are made (each a &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Settlement Date</font>&#8221;). The amount of proceeds to
                      be delivered to the Corporation on a Settlement Date against the receipt of the Placement Shares sold (&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Net Proceeds</font>&#8221;) will be equal to the aggregate sales
                      price at which such Placement Shares were sold, after deduction for the commission or other compensation for such sales payable by the Corporation to the applicable Agent pursuant to Section 3.2 hereof.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zc295a25d9e3f48e39423a960bd2a0645" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">6.2</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">On each Settlement Date, the Corporation will, or will cause its transfer agent to, electronically transfer the Placement Shares being sold by crediting the applicable Agent&#8217;s
                      account or its designee&#8217;s account (provided that the applicable Agent shall have given the Corporation written notice of such designee at least one (1) Trading Day prior to the Settlement Date) at The Depository Trust Company through
                      its Deposit Withdrawal at Custodian System for Placement Shares sold in the United States and at CDS Clearing and Depository Services Inc. though its CDSX system for Placement Shares sold in Canada or by such other means of delivery
                      as may be mutually agreed upon by the parties hereto and, upon receipt of such Placement Shares, which in all cases shall be freely tradeable, transferable, registered shares in good deliverable form, the applicable Agent will, on
                      each Settlement Date, deliver the related Net Proceeds in same day funds to an account designated by the Corporation prior to the Settlement Date. If the Corporation defaults in its obligation to deliver Placement Shares on a
                      Settlement Date, the Corporation agrees that in addition to and in no way limiting the rights and obligations set forth in Article XII hereto, it will: (i) hold the Agents harmless against any loss, claim, damage, or expense
                      (including reasonable legal fees and expenses), as incurred, arising out of or in connection with such default by the Corporation; and (ii) pay to each Agent any commission, discount, or other compensation to which such Agent would
                      otherwise have been entitled absent such default; provided, however, that without limiting Article XII herein, the Corporation shall not be obligated to pay to the applicable Agent any commission, discount or other compensation on any
                      Placement Shares that it is not possible to settle due to: (i) a suspension or material limitation in trading in securities generally on the NYSE or the TSX; (ii) a material disruption in securities settlement or clearance services in
                      the United States or Canada; or (iii) failure by an Agent to comply with its obligations under the terms of this Agreement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE VII</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">REGISTRATION STATEMENT AND PROSPECTUSES</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z30d5617a84b94852aa1d0a36b993e695" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">7.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation has prepared and filed with the Canadian Qualifying Authorities in the Canadian Qualifying Jurisdictions the Canadian Preliminary Base Prospectus and the Canadian
                      Final Base Prospectus, in respect of an aggregate offering price of up to U.S.$3,000,000,000 (or the equivalent in Canadian dollars) for the offer and issue of<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">&#160;</font>the












                      following securities: (i) unsecured debt securities of the Corporation; (ii) subscription receipts of the Corporation; (iii) preferred shares of the Corporation; (iv) Common Shares; (v) warrants to purchase Common Shares; and (vi)
                      units comprised of some or all of the other securities described above, or any combination thereof (collectively, the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Shelf Securities</font>&#8221;) in each case in
                      accordance with Canadian Securities Laws. The Ontario Securities Commission (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Reviewing Authority</font>&#8221;) is the principal regulator of the Corporation under
                      the passport system procedures provided for under Multilateral Instrument 11-102 <font style="font-size: 10pt; font-family: Arial; font-style: italic;">Passport System</font> and National Policy 11-202 <font style="font-size: 10pt;
                        font-family: Arial; font-style: italic;">Process for Prospectus Reviews in Multiple Jurisdictions</font> (collectively, the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Prospectus Review Procedures</font>&#8221;)
                      in respect of the Shelf Securities and the Offering. The Reviewing Authority has issued a receipt evidencing that a receipt has been issued, on behalf of itself and the other Canadian Qualifying Authorities, for the Canadian
                      Preliminary Base Prospectus. The Reviewing Authority has issued a receipt on September 19, 2018 evidencing that a receipt has been issued on behalf of itself and the other Canadian Qualifying Authorities for the Canadian Final Base
                      Prospectus (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Final Receipt</font>&#8221;). The Canadian Prospectus Supplements provide and shall provide that any and all Designated News Releases shall be deemed to
                      be incorporated by reference in the Canadian Base Prospectus.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 10 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z206b5d9f09de443aa68ec1be8b276a1b" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">7.2</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation has also prepared and filed with the SEC, pursuant to the Canada/U.S. Multi- Jurisdictional Disclosure System adopted by the SEC, a registration statement on Form
                      F-10 (File No. 333-227245) covering the registration of the Shelf Securities under the U.S. Securities Act and the rules and regulations (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Rules and Regulations</font>&#8221;)












                      of the SEC thereunder, and such amendments to such registration statement as may have been permitted or required to the date of this Agreement. Such registration statement, including the Canadian Base Prospectus (with such deletions
                      therefrom and additions thereto as are permitted or required by Form F-10 and the Rules and Regulations and including exhibits to such registration statement), has become effective in such form pursuant to Rule 467(a) under the U.S.
                      Securities Act. Such registration statement on Form F-10, at any given time, including amendments and supplements thereto to such time, the exhibits and any schedules thereto at such time and the documents incorporated by reference
                      therein at such time, is herein called the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Registration Statement</font>&#8221;.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z6c5ce4a7a86a4ba68dffe740956437e1" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">7.3</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Any reference herein to the Registration Statement, the Base Prospectuses, the Prospectus Supplements or the Prospectuses or any amendment or supplement thereto shall be deemed to
                      refer to and include the documents incorporated by reference therein, and any reference herein to the terms &#8220;amend,&#8221; &#8220;amendment&#8221; or &#8220;supplement&#8221; with respect to the Registration Statement, the Base Prospectuses, the Prospectus
                      Supplements or the Prospectuses shall be deemed to refer to and include the filing or furnishing of any document with or to the SEC or Canadian Qualifying Authorities, as applicable, on or after the effective dates of the Registration
                      Statement or the dates of the Base Prospectuses, the Prospectus Supplements or the Prospectuses, as the case may be, and deemed to be incorporated by reference therein. For purposes of this Agreement, all references to the Canadian
                      Base Prospectus, the Canadian Prospectus Supplements and the Canadian Prospectus or any amendment or supplement thereto shall be deemed to include any copy filed with any Canadian Qualifying Jurisdiction pursuant to SEDAR and all
                      references to the Registration Statement, the U.S. Base Prospectus, the U.S. Prospectus Supplements and the U.S. Prospectus or any amendment or supplement thereto shall be deemed to include any copy filed with the SEC pursuant to
                      EDGAR.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za7e8759e527c4422854e634e00392523" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">7.4</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation has also prepared and filed with the SEC appointments of agent for service of process upon the Corporation on Form F-X in conjunction with the filing of the
                      Registration Statement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z67f4dfd8f43b476cad1253aec229591c" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">7.5</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">All references in this Agreement to financial statements and schedules and other information which is &#8220;contained,&#8221; &#8220;included&#8221; or &#8220;stated&#8221; in the Registration Statement, the U.S. Base
                      Prospectus or the U.S. Prospectus (or other references of like import) shall be deemed to mean and include all such financial statements and schedules and other information which is incorporated by reference in or otherwise deemed by
                      the Rules and Regulations to be a part of or included in the Registration Statement, the U.S. Base Prospectus or the U.S. Prospectus, as the case may be; and all references in this Agreement to amendments or supplements to the
                      Registration Statement, the U.S. Base Prospectus or the U.S. Prospectus shall be deemed to mean and include the filing of any document under the Exchange Act, and which is deemed to be incorporated therein by reference or otherwise
                      deemed by the Rules and Regulations to be a part of or included in the Registration Statement, the U.S. Base Prospectus or the U.S. Prospectus, as the case may be. All references in this Agreement to financial statements and other
                      information which is &#8220;described,&#8221; &#8220;contained,&#8221; &#8220;included&#8221; or &#8220;stated&#8221; in the Canadian Base Prospectus or the Canadian Prospectus (or other references of like import) shall be deemed to mean and include all such financial statements
                      and other information which is incorporated by reference in or otherwise deemed by Canadian Securities Laws to be a part of or included in the Canadian Prospectus.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 11 -</font></div>
      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE VIII</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">REPRESENTATIONS AND WARRANTIES OF THE CORPORATION</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z2c8fd99fc2eb4efab008e80e2763c08c" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">8.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation represents and warrants to, and agrees with, each of the Agents that:</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z4940a8e0031a40b2ad501ee5e26b2ceb" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(a)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Registration Statement and Prospectuses.</u></font> The Corporation is qualified in accordance with the provisions of NI 44-101
                      and NI 44-102 to file a short form base shelf prospectus in each of the Canadian Qualifying Jurisdictions and the entering into of this Agreement will not cause the Final Receipt to no longer be effective. At the time of filing of the
                      Registration Statement, the Corporation met, and as of the date hereof the Corporation meets, the general eligibility requirements for use of Form F-10 under the U.S. Securities Act. Any amendment or supplement to the Registration
                      Statement or the Prospectuses required by this Agreement will be so prepared and filed by the Corporation and, as applicable, the Corporation will use commercially reasonable efforts to cause it to become effective as soon as
                      reasonably practicable. No stop order suspending the effectiveness of the Registration Statement has been issued, and no proceeding for that purpose has been instituted or, to the knowledge of the Corporation, threatened by the SEC.
                      No order preventing or suspending the use of the Base Prospectuses, the Prospectus Supplements, the Prospectuses or any Issuer Free Writing Prospectus has been issued by the SEC or any Canadian Qualifying Authority. The Canadian
                      Prospectus, at the time of filing thereof with the Canadian Qualifying Authorities, complied in all material respects and, as amended or supplemented, if applicable, will comply in all material respects with Canadian Securities Laws.
                      The Canadian Prospectus, as amended or supplemented, as of its date, did not and, as of each Applicable Time and Settlement Date, if any, will not contain a misrepresentation, as defined under Canadian Securities Laws. The Canadian
                      Prospectus, as amended or supplemented, as of its date, did and, as of each Applicable Time and Settlement Date, if any, will contain full, true and plain disclosure of all material facts relating to the Placement Shares and to the
                      Corporation. The representations and warranties set forth in the two immediately preceding sentences do not apply to statements in or omissions from the Canadian Prospectus, or any amendments or supplements thereto, made in reliance
                      upon and in conformity with information relating to the Agents furnished to the Corporation in writing by or on behalf of the Agents expressly for use therein. The U.S. Prospectus, at the time first filed in accordance with General
                      Instruction II.L. of Form F- <font style="font-size: 10pt; font-family: Arial;">10</font>, conformed in all material respects and, as amended or supplemented, if applicable, will conform in all material respects to the Canadian
                      Prospectus, except for such deletions therefrom and additions thereto as are permitted or required by Form F-10, the U.S. Securities Act and the Rules and Regulations. The Corporation has delivered to the Agents one complete copy of
                      each of the Canadian Final Base Prospectus and the Registration Statement and a copy of each consent of experts filed as a part thereof, and conformed copies of the Canadian Final Base Prospectus and the Registration Statement
                      (without exhibits) and the Prospectuses, as may be amended or supplemented, in such quantities and at such places as the Agents have reasonably requested. At the time of filing of the Registration Statement and at the earliest time
                      after the filing of the Registration Statement that the Corporation or another offering participant made a <font style="font-size: 10pt; font-family: Arial; font-style: italic;">bona fide</font> offer (within the meaning of Rule
                      164(h)(2) under the U.S. Securities Act) of the Common Shares, the Corporation was not and, as of the date of this Agreement, is not, an Ineligible Issuer (as defined in Rule 405 under the U.S. Securities Act), without taking account
                      of any determination by the SEC pursuant to Rule 405 under the U.S. Securities Act that it is not necessary that the Corporation be considered an Ineligible Issuer.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 12 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z37c416c9c05a470890c2e2bb08c0e084" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(b)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>No misstatement or omission.</u></font> Each part of the Registration Statement, when such part became or becomes effective, at
                      any deemed effective date pursuant to Form F-10, the U.S. Securities Act and the Rules and Regulations on the date of filing thereof with the SEC and at each Applicable Time and Settlement Date, and the U.S. Prospectus, on the date of
                      filing thereof with the SEC and at each Applicable Time and Settlement Date, conformed in all material respects or will conform in all material respects with the requirements of the Rules and Regulations; each part of the Registration
                      Statement, when such part became or becomes effective, did not or will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not
                      misleading; and the U.S. Prospectus, on the date of filing thereof with the SEC, and the U.S. Prospectus and the applicable Issuer Free Writing Prospectus(es), if any, issued at or prior to such Applicable Time, taken together
                      (collectively, and with respect to any Placement Shares, together with the applicable sale price of such Placement Shares, the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Disclosure Package</font>&#8221;) and at
                      each Applicable Time and Settlement Date, did not or will not include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in light of the circumstances under which they
                      were made, not misleading; except that the foregoing shall not apply to statements or omissions in any such document made in reliance on information furnished in writing to the Corporation by or on behalf of the Agents expressly
                      stating that such information is intended for use in the Registration Statement, the U.S. Prospectus, or any amendment or supplement thereto, it being understood and agreed that the only such information furnished by any Agent
                      consists of the information described as such in Section 12.1 hereof.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zb20572d8d11747ed9cced3b92180a42f" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(c)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Incorporation and good standing of Corporation.</u></font> The Corporation has been duly organized and is validly existing as a
                      corporation under the laws of Canada and has all requisite power and authority to own its properties and assets and to carry on its undertaking, including issuing the Placement Shares, as contemplated hereby, and is qualified to own
                      its properties and assets and to carry on its undertaking in all jurisdictions where it owns property and assets and carries on its activities.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z04ec8af3d6ae452f8bc0cd7d9a910e15" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(d)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Canadian reporting issuer.</u></font> The Corporation is, and will at the Applicable Time be, a reporting issuer in the Canadian
                      Qualifying Jurisdictions not in default of any requirement under applicable Canadian Securities Laws. In particular, without limiting the foregoing, no material change relating to the Corporation has occurred with respect to which the
                      requisite material change report has not been filed on a non-confidential basis with all relevant securities regulatory authorities (unless originally filed on a confidential basis and subsequently made non-confidential).</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 13 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z89ae8f83f2984773886856b0b8916f94" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(e)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>No preemptive rights.</u></font> Except as contemplated hereby and as previously disclosed in documents filed on SEDAR and
                      EDGAR, no person firm or corporation, as of the date hereof, has any agreement or option with the Corporation, or any right or privilege (whether pre-emptive or contractual) capable of becoming an agreement or option with the
                      Corporation, for the purchase, subscription or issuance of any Placement Shares.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zcfd87febe01441589c1baa7c4f9fc40e" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(f)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Listing on TSX and NYSE.</u></font> The Placement Shares will be listed and posted for trading on the TSX and on the NYSE at the
                      Applicable Time.</font></div>
                </td>
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          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z687c3f4de89b45388590fb274caf72fd" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(g)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Facts relating to the Offering.</u></font> The Corporation has not withheld, and will not withhold, from the Agents any facts
                      relating to the Corporation or to the Offering that would be material to the prospective purchasers of the Placement Shares.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z62b6960469c24768999ea9def1bc0431" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(h)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Transfer agent and registrar.</u></font> AST Trust Company (Canada), at its principal office located in the City of Toronto, has
                      been duly appointed as registrar and transfer agent for the Common Shares in Canada and AST Trust Company has been duly appointed as transfer agent and registrar for the Common Shares in the United States.</font></div>
                </td>
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          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z0acb067eec5e4d50938fbca60ed589e3" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(i)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Compliance with applicable laws.</u></font> Except as publicly disclosed on SEDAR or EDGAR, as the case may be, the Corporation,
                      and, to the knowledge of the Corporation, each of the Algonquin Companies, Algonquin Partnerships and Algonquin Trusts, respectively: (A) has conducted and is conducting its business in compliance in all material respects with all
                      applicable laws, rules and regulations of each jurisdiction in which its business is carried on; and (B) holds all necessary licenses, Permits, approvals, consents, certificates, registrations and authorizations (whether governmental,
                      regulatory or otherwise) to enable its business to be carried on as now conducted and its property and assets to be owned, leased and operated (as now operated), and the same are validly existing and in good standing and, except as
                      disclosed in the Registration Statement, Prospectuses and Disclosure Package, if any, none of the same contains any term, provision, condition or limitation which has or may have a Material Adverse Effect.</font></div>
                </td>
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          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z8c9a2a3f6706441bab7d9357a6a7e0f1" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(j)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Capitalization.</u></font> The authorized capital of the Corporation consists of an unlimited number of Common Shares and an
                      unlimited number of preferred shares, issuable in one or more series.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z827dec86fd294ee59a9f8271e177fcbb" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(k)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>No default.</u></font> The execution and delivery of this Agreement by the Corporation, the fulfillment of the terms hereof by
                      the Corporation, and the issuance, sale and delivery of the Placement Shares at the Applicable Time and at the Settlement Date, as applicable, do not and will not result in, and do not and will not create a state of facts which, after
                      notice or lapse of time or both, will result in:</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z6ba6b1cf6a5e4d818ec27afd1ded630f" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(i)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">a breach or violation of, and do not and will not conflict with any of the terms, conditions or provisions of, any indenture, agreement or instrument to which the Corporation or any
                      of the Algonquin Companies, the Algonquin Partnerships and the Algonquin Trusts is a party or by which the Corporation or any of the Algonquin Companies, the Algonquin Partnerships and the Algonquin Trusts will be contractually bound
                      at the Applicable Time, except for such breaches or defaults that would not individually or in the aggregate have a Material Adverse Effect; or</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z2eafa300d56f470393b4e65129a6548e" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(ii)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">a violation of any law of Canada or the Province of Ontario or any judgment, order or decree of any governmental body, agency or court having jurisdiction over the Corporation,
                      except for such violations that would not, individually or in the aggregate, result in a Material Adverse Effect.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 14 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z0b3c3a59e728424887f2e5965106edb7" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(l)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Execution and delivery of Agreement.</u></font> The execution and delivery of this Agreement by the Corporation and the
                      fulfillment of the terms hereof by the Corporation, do not and will not result in a breach of, and do not and will not create a state of facts which, after notice or lapse of time or both, will result in a breach or violation of, and
                      do not and will not conflict with:</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z6d2b70da85b541fdbe24f2e8dbf5519a" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(i)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">any of the terms, conditions or provisions of its articles, by-laws or resolutions of its shareholders or directors (or any committee thereof); or</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z53cb5a885f3e48bb9fe83642f0bd6d8c" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(ii)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">any laws of any jurisdiction in which any of it or its affiliates carries on business or owns any assets or any judgment, order or decree of any governmental body, agency or court
                      having jurisdiction over it or the affiliate that would result, individually or in the aggregate, in a Material Adverse Effect.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z69ff4542e65a4d56be9367b57d541c11" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(m)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Legal proceedings.</u></font> Except as otherwise disclosed in each of the Registration Statement, the Prospectuses and the
                      Disclosure Package, if any, or any amendment to the Registration Statement or amendment to the Prospectuses, there is no action, proceeding or investigation (whether or not purportedly on behalf of the Corporation, respectively) or,
                      to the knowledge of the Corporation, pending or threatened against or affecting the Corporation or any of the Algonquin Companies, the Algonquin Partnerships and the Algonquin Trusts, at law or in equity or before or by any federal,
                      provincial, state, municipal or other governmental department, commission, board or agency, domestic or foreign, which could in any way, individually or in the aggregate, have a Material Adverse Effect or which questions the validity
                      of the issuance of the Placement Shares or of any action taken or to be taken by the Corporation pursuant to or in connection with this Agreement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z4862db07996247bf94228073ad84f7f7" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(n)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Incorporation and good standing of Corporation&#8217;s subsidiaries.</u></font> Each of the Algonquin Companies, the Algonquin
                      Partnerships and the Algonquin Trusts has been duly incorporated or otherwise formed and organized and is validly existing under the laws of its jurisdiction of incorporation, formation or organization, has all requisite capacity and
                      authority to own, lease and operate its property and assets and to carry on its business and is in good standing in each jurisdiction in which the conduct of its business or the ownership, leasing or operation of its property and
                      assets requires such qualification.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za71987a421e44f1f87e84a1ea39dd3ad" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(o)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Subsidiary shares.</u></font> All of the issued and outstanding shares or equity interests<font style="font-size: 10pt;
                        font-family: Arial; font-weight: bold;">&#160;</font>of each of the Algonquin Companies, the Algonquin Partnerships and the Algonquin Trusts have been duly authorized and validly issued, are fully paid and non-assessable and, except as
                      otherwise disclosed in the Registration Statement, the Prospectuses and the Disclosure Package, if any, or any amendment to the Registration Statement or amendment to the Prospectuses, are owned by the Corporation, directly or through
                      subsidiaries, free and clear of any security interest, mortgage, pledge, lien, encumbrance or claim, except for any such security interests, mortgages, pledges, liens, encumbrances or claims that do not, individually or in the
                      aggregate, have a Material Adverse Effect.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zab175a025715407cb2199d0acbf5def1" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(p)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Financial information of the Corporation.</u></font> The audited consolidated financial statements of the Corporation, including
                      the auditors&#8217; report and notes in respect thereof, and the unaudited comparative consolidated financial statements and notes in respect thereof, if any, incorporated by reference into the Registration Statement, the Prospectuses and
                      the Disclosure Package, if any, are complete and correct in all material respects, have been prepared in accordance with generally accepted accounting principles in the United States consistently applied and present fairly the
                      consolidated financial position of the Corporation as at the date and for the periods stated therein. Any selected financial data set forth in the Registration Statement, the Prospectuses, the Disclosure Package or any amendment to
                      the Registration Statement or amendment to the Prospectuses presents fairly, on the basis stated therein, the financial data as at and for the period referenced therein.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160; <br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 15 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z83c25b323d3e4579ba727c6c055a828c" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(q)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Financial information of Atlantica Yield plc.</u></font> To the knowledge of the Corporation, the audited and interim
                      consolidated financial statements of Atlantica Yield plc incorporated by reference into the Registration Statement, Prospectuses and the Disclosure Package, if any, have been prepared in accordance with International Financial
                      Reporting Standards as issued by the International Accounting Standards Board and present fairly the consolidated financial position of Atlantica Yield plc and its subsidiaries as at the date and for the periods stated therein.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z64f7a1c17e994e4b95b156c41bf9ed0d" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(r)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Unaudited </u></font><font style="font-size: 10pt; font-family: Arial; font-style: italic;"><u>pro forma</u></font><font style="font-size: 10pt; font-family: Arial;"><u> financial statements.</u></font> The unaudited <font style="font-size: 10pt; font-family: Arial; font-style: italic;">pro forma</font> consolidated balance sheet and consolidated
                      statement of operations of the Corporation and the related notes thereto incorporated by reference into Registration Statement, the Prospectuses and the Disclosure Package, if any, fairly present the <font style="font-size: 10pt;
                        font-family: Arial; font-style: italic;">pro forma</font> consolidated financial position, results of operations and earnings of the Corporation as at the dates and for the periods indicated after giving effect to the transactions
                      and assumptions described in the related notes thereto and do not contain a misrepresentation. Such unaudited <font style="font-size: 10pt; font-family: Arial; font-style: italic;">pro forma</font> consolidated financial statements
                      have been compiled in accordance with rules set forth under applicable Canadian Securities Laws or United States federal securities laws with respect to the preparation of <font style="font-size: 10pt; font-family: Arial; font-style:
                        italic;">pro forma </font>financial statements and the assumptions used in the preparation thereof are reasonable and the adjustments used therein are appropriate to give effect to the transactions and assumptions referred to
                      therein.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zfed7ac0a6d7046959e2e419f525c12c1" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(s)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Guarantees and indemnities.</u></font> Other than as disclosed to the Agents or their counsel or as set forth in the
                      Registration Statement, Prospectuses and the Disclosure Package, if any, pursuant to indemnities granted in favour of the directors and officers of the Corporation and/or entities affiliated with the Corporation or pursuant to
                      guarantees and indemnities granted in favour of the Corporation and/or entities affiliated with the Corporation or guarantees or indemnities granted in connection with acquisitions of assets or construction of facilities by the
                      Corporation or its subsidiary entities and debt or tax equity financings therefor, or guarantees or indemnities granted in connection with the senior credit facility obtained by Algonquin Power Co. and, except as entered into in the
                      normal course of business, including with respect to normal course hedging, supply and purchase contracts, none of the Corporation, the Algonquin Companies, the Algonquin Trusts and, to the knowledge of the Corporation, the Algonquin
                      Partnerships: (i) is a party to or bound by any material agreement of guarantee, indemnification, assumption, endorsement or similar commitment relating to the obligations, liabilities (contingent or otherwise) or indebtedness of any
                      other person, firm or corporation; or (ii) is subject to any such agreement, commitment or indebtedness, nor is any of their respective assets or undertaking.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z81970a30e5674a84a629f14e2584329d" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(t)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Registrations or filings.</u></font> To the knowledge of the Corporation, each of the Algonquin Companies, Algonquin
                      Partnerships and Algonquin Trusts, respectively, has made all registrations or filings required by applicable laws to create or maintain its status as a corporation, partnership or trust, whichever the case may be.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 16 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z67082b141ec04be2929f7341b020c9d8" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(u)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Compliance with Environmental Laws.</u></font> Except as set forth in each of the Registration Statement, the Prospectuses and
                      the Disclosure Package, if any, or except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, the Corporation and each of the Algonquin Companies, Algonquin Partnerships and
                      Algonquin Trusts, respectively: (i) are in compliance with Environmental Laws; (ii) have received and are in compliance with all permits, licenses or other approvals required of them under applicable Environmental Laws to conduct
                      their respective businesses; (iii) have not received notice from any governmental agency or any written notice from any third party of any actual or potential liability under Environmental Laws for the investigation or remediation of
                      any disposal or release of hazardous or toxic substances or wastes, pollutants or contaminants or regarding any actual or potential violation of Environmental Laws; and (iv) are not the subject of any claim, action or cause of action
                      filed with a court or government authority or the subject of any investigation under Environmental Laws, including for potential liability for investigatory costs, clean-up costs, property damages, personal injuries, attorney&#8217;s fees
                      or penalties arising out of, based on or resulting from the presence, or release into the environment, of any hazardous or toxic substance or waste at any location. Except as set forth in the Registration Statement, the Prospectuses
                      and the Disclosure Package, if any, neither the Corporation nor any of its subsidiaries, has been named as a &#8220;potentially responsible party&#8221; under the United States <font style="font-size: 10pt; font-family: Arial; font-style:
                        italic;">Comprehensive Environmental Response, Compensation, and</font>&#160;<font style="font-size: 10pt; font-family: Arial; font-style: italic;">Liability Act</font>&#160;<font style="font-size: 10pt; font-family: Arial; font-style:
                        italic;">of 1980</font>, as amended, or under any similar Canadian legislation.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zecb88361dcd543ebaf39c0114c76ac13" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(v)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Facilities and projects of the Corporation.</u></font> Except as publicly disclosed in documents filed on SEDAR or EDGAR, as the
                      case may be, or except as would not, individually or in the aggregate, have a Material Adverse Effect, to the knowledge of the Corporation, each facility and project in which the Corporation has an economic interest as described in
                      the Registration Statement, the Prospectuses and the Disclosure Package, if any (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Facilities</font>&#8221;) is in possession of all Permits required under existing
                      law for the existing state of the construction and/or operation of the Facility and each such Permit has been obtained, is in full force and effect and to the knowledge of the Corporation, does not require amendment. To the knowledge
                      of the Corporation, except as disclosed in the Registration Statement, the Prospectuses and the Disclosure Package, if any, each of the parties identified in the Registration Statement, the Prospectuses and the Disclosure Package, if
                      any, as the owner of each Facility is the absolute beneficial owner of, and has good and marketable title to, all of the material assets of such Facilities as set forth in each of the Registration Statement, the Prospectuses and the
                      Disclosure Package, if any. In each case, except as publicly disclosed in documents filed on SEDAR or EDGAR or as disclosed to the Agents or their counsel, as the case may be, or except as would not, individually or in the aggregate,
                      have a Material Adverse Effect, all of the Facilities (and all buildings and other appurtenances related thereto) are insured against all loss from damages by hazards or risks normally insured against in accordance with good industry
                      practice in the independent power production industry, with reasonable deductibles.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z84f7607719b348bcb4cc30855d056657" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(w)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Reportable event.</u></font> There has not been any reportable event (as defined in National Instrument 51-102 <font style="font-size: 10pt; font-family: Arial; font-style: italic;">Continuous Disclosure Obligations</font>) with the auditors of the Corporation.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z0ccc4a80759547fa80310b2e050c1861" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(x)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Attributes and characteristics of Common Shares.</u></font> The attributes and characteristics of the Common Shares conform in
                      all material respects to the attributes and characteristics thereof described in the Registration Statement, the Prospectuses and the Disclosure Package, if any.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 17 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zf9043abdd65a40888d637eab759a9b98" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(y)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Material current or future effect.</u></font> Other than as disclosed in the financial statements referred to in Section 8.1(p),
                      there are no material off-balance sheet transactions, arrangements, obligations (including contingent obligations) or other relationships of the Corporation or any of its subsidiaries with unconsolidated entities or other persons that
                      may have a material current or future effect on the Corporation or its subsidiaries (taken as a whole) or on the liquidity, capital expenditures, capital resources, or significant components of revenues or expenses of the Corporation
                      and its subsidiaries (taken as a whole);</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zf4c45ae738d34a978b2d38d1c81c2e31" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(z)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Material Contracts</u></font>. Neither the Corporation nor any of the Algonquin Companies, Algonquin Partnerships or Algonquin
                      Trusts is in violation of its constating documents, in any material respect; and neither the Corporation nor any of the Algonquin Companies, Algonquin Partnerships or Algonquin Trusts, is in default in the performance or observation
                      of any obligation, agreement, covenant, or condition contained in any contract, indenture, mortgage, loan agreement, note or other instrument (a &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Material Contract</font>&#8221;)












                      to which it is a party or by which it may be bound or to which any of its properties or assets is subject which default, individually or in the aggregate, has or may have a Material Adverse Effect. The Corporation has no knowledge of
                      any default, or any circumstance which with the giving of notice or lapse of time (or both) would give rise to a default, by any person who is a party to any Material Contract with the Corporation or any of the Algonquin Companies,
                      Algonquin Partnerships or Algonquin Trusts, except for such defaults which, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z881ec90b12524d4eb0228e33df09b219" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(aa)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>No Material Adverse Change.</u></font> Except as has been or will be disclosed in or contemplated by the Registration Statement,
                      the Prospectuses, the Disclosure Package, if any, or any amendment to the Registration Statement or amendment to the Prospectuses, subsequent to December 31, 2018, there has not been any material adverse change, actual or, to the
                      knowledge of the Corporation, pending, in the capital, assets, liabilities (absolute, accrued, contingent or otherwise), earnings, business, operations or condition (financial or otherwise) or results of the operations of the
                      Corporation and its subsidiaries (taken as a whole).</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zc51db7cbd1354b41848ae28cd5c011f7" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(bb)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Lenders.</u></font> No lender to the Corporation or any of its subsidiaries has reduced, or has given notice to the Corporation
                      or any of its subsidiaries, or has commenced negotiations with the Corporation or any of its subsidiaries regarding the reduction of any material credit facility, material hedge facility or any other material commitment with the
                      Corporation or any of its subsidiaries and, to the knowledge of the Corporation, each of the Corporation&#8217;s lenders will be able to fulfill its obligations and other commitments to the Corporation or any of its subsidiaries.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z678747ede8d340ccb048cf69d8280f0f" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(cc)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Compliance with Anti-Corruption Laws</u></font>. None of the Corporation, any of its subsidiaries or, to the knowledge of the
                      Corporation, any director, officer, agent, employee or affiliate of the Corporation or any of its subsidiaries is aware of or has taken any action, directly or indirectly, that would result in a violation by such persons of either (i)
                      the Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">FCPA</font>&#8221;), including, without limitation, making use of
                      the mail or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay or authorization of the payment of any money, or other property, gift, promise to give, or authorization of
                      the giving of anything of value to any &#8220;foreign official&#8221; (as such term is defined in the FCPA) or any foreign political party or official thereof or any candidate for foreign political office, in contravention of the FCPA or (ii) the
                      U.K. Bribery Act 2010 (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Bribery Act</font>&#8221;), and the Corporation, its subsidiaries and, to the knowledge of the Corporation, its affiliates have conducted
                      their businesses in compliance with the FCPA and the Bribery Act.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 18 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z4106930898004c0c9b95ed98767d1e22" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(dd)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Compliance with Anti-Money Laundering Laws</u></font>. The operations of the Corporation and its subsidiaries are and have been
                      conducted at all times in compliance with the requirements of applicable anti-money laundering laws, including, but not limited to, the Bank Secrecy Act of 1970, as amended by the USA Patriot Act of 2001, the Proceeds of Crime (Money
                      Laundering) and Terrorist Financing Act (Canada), Part II.1 of the Criminal Code (Canada) and, in each case, the rules and regulations promulgated thereunder, and the anti-money laundering laws of the various jurisdictions in which
                      the Corporation and its subsidiaries conduct business (collectively, the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Anti-Money Laundering Laws</font>&#8221;) and no action, suit or proceeding by or before any
                      court or governmental agency, authority or body or any arbitrator involving the Corporation or any of its subsidiaries with respect to the Anti-Money Laundering Laws is pending or, to the knowledge of the Corporation, threatened.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z876504d5ae1b462882283e1fc460a9d6" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(ee)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Sanctions</u></font>. None of the Corporation, any of its subsidiaries or, to the knowledge of the Corporation, any director,
                      officer, agent, employee or affiliate of the Corporation or any of its subsidiaries is currently the subject or the target of any sanctions administered or enforced by the U.S. government, including, without limitation, the Office of
                      Foreign Assets Control of the U.S. Department of the Treasury, Her Majesty&#8217;s Treasury or other relevant sanctions authority (collectively, &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Sanctions</font>&#8221;), and
                      the Corporation will not directly or indirectly use the proceeds of the offering of the Placement Shares, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person or entity
                      (i) to fund any activities of or business with any person, or in any country or territory, that, at the time of such funding, is the subject of Sanctions or (ii) in any other manner that will result in a violation by any person
                      (including any person participating in the transaction, whether as underwriter, advisor, investor or otherwise) of Sanctions.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z639714ea8d884caf956676a63a5577e4" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(ff)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Internal and disclosure controls.</u></font> The Corporation and each of its subsidiaries (taken as a whole) maintains a system
                      of internal accounting controls sufficient to provide reasonable assurances that: (i) transactions are executed in accordance with management&#8217;s general or specific authorization; (ii) transactions are recorded as necessary to permit
                      preparation of financial statements in conformity with U.S. generally accepted accounting principles and to maintain accountability for assets; (iii) access to its assets is permitted only in accordance with management&#8217;s general or
                      specific authorization; (iv) the recorded accountability for assets is compared with existing assets at reasonable intervals and appropriate action is taken with respect to differences; and (v) material information relating to it is
                      made known to those within the Corporation or such subsidiary responsible for the preparation of the financial statements during the period in which the financial statements have been prepared and that such material information is
                      disclosed to the public within the time periods required by applicable Canadian Securities Laws and United States federal securities laws; except as disclosed in the Registration Statement, Prospectuses and Disclosure Package, if any,
                      since the end of the Corporation&#8217;s most recent audited fiscal year, there has been (i) no material weakness in the Corporation&#8217;s internal control over financial reporting (whether or not remediated) and (ii) no change in the
                      Corporation&#8217;s internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the Corporation&#8217;s internal control over financial reporting.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
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          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 19 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z331b0501c9da489996977d87082e8fb4" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(gg)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Cybersecurity.</u></font> (i) Except as disclosed in the Registration Statement, Prospectuses and Disclosure Package, if any,
                      (x) to the knowledge of the Corporation, there has been no material security breach or other compromise of or relating to any of the Corporation&#8217;s or its subsidiaries&#8217; information technology and computer systems, networks, hardware,
                      software, data (including the data of their respective customers, employees, suppliers, vendors and any third party data maintained by or on behalf of them), equipment or technology (collectively, &#8220;<font style="font-size: 10pt;
                        font-family: Arial; font-weight: bold;">IT Systems and Data</font>&#8221;) and (y) the Corporation and its subsidiaries have not been notified of, and have no knowledge of any event or condition that would reasonably be expected to result
                      in, any material security breach or other compromise to their IT Systems and Data; and (ii) the Corporation and its subsidiaries are presently in compliance with all applicable laws or statutes and all judgments, orders, rules and
                      regulations of any court or arbitrator or governmental or regulatory authority, internal policies and contractual obligations relating to the privacy and security of IT Systems and Data and to the protection of such IT Systems and
                      Data from unauthorized use, access, misappropriation or modification, except as would not, in the case of this clause (ii), individually or in the aggregate, have a Material Adverse Effect.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z9f2afb749c2948a58da542c397021a3e" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(hh)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Tax returns.</u></font> Other than as disclosed to the Agents or their counsel in writing or in the Registration Statement, the
                      Prospectuses and the Disclosure Package, if any: (i) the Corporation and each subsidiary has, on a timely basis, filed all necessary tax returns and notices and has paid or made provision for all applicable taxes of whatever nature
                      for all tax years to the date hereof to the extent such taxes have become due or have been alleged to be due, except to the extent that the failure to do any of the foregoing would not reasonably be expected to have a Material Adverse
                      Effect; and (ii) the Corporation is not aware of any tax deficiencies or interest or penalties accrued or accruing or alleged to be accrued or accruing, thereon with respect to itself or any subsidiary which have not otherwise been
                      provided for by the Corporation, except to the extent that any such deficiency, interest or penalty would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z50790f79b1834f0d89e7d25e4ea030bb" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(ii)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Significant acquisitions.</u></font> Except as publicly disclosed in documents filed on SEDAR or EDGAR, as the case may be, the
                      Corporation has not completed and has not announced any intention to complete any &#8220;significant acquisitions&#8221; (as determined pursuant to National Instrument 51-102 <font style="font-size: 10pt; font-family: Arial; font-style: italic;">Continuous












                        Disclosure Obligations</font>). The Enbridge Acquisition would not be a &#8220;significant acquisition&#8221; for the purposes of Part 8 of National Instrument 51-102 <font style="font-size: 10pt; font-family: Arial; font-style: italic;">Continuous












                        Disclosure Obligations</font>, if completed as of the date of the Prospectus Supplements.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za50f9493fbf1466c8aa82ac709e91fa7" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(jj)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Enforceability of Agreement.</u></font> The Corporation has duly authorized, executed and delivered this Agreement and this
                      Agreement constitutes a legal, valid and binding obligation of the Corporation enforceable against it in accordance with its terms, subject to the exceptions as to enforceability as are contained in the opinion of Blake, Cassels &amp;
                      Graydon LLP referred to in Section <font style="font-size: 10pt; font-family: Arial;">9.1(o) </font>hereof.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z4d78c7304503405ea0ce39a0e69fed7e" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(kk)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>No consents required.</u></font> Except as shall have been made or obtained on or before each Applicable Time and associated
                      Settlement Date, no consent, approval, authorization, registration or qualification of any court, governmental agency or body, regulatory authority or contractual party is required for the distribution of the Placement Shares or the
                      consummation of the transactions contemplated herein.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 20 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z749555435562498a92bb709186f1be19" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(ll)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Due authorization.</u></font> The Corporation has the necessary corporate power and authority to execute and deliver the
                      Registration Statement, Prospectuses and the Disclosure Package, if any, and will have the necessary corporate power and authority to execute and deliver any amendment to the Registration Statement or Prospectuses prior to the filing
                      thereof, and all necessary corporate action has been taken by the Corporation to authorize the execution and delivery by it of the Registration Statement, Prospectuses and the Disclosure Package, if any, and the filing thereof, as the
                      case may be, in each of the Canadian Qualifying Jurisdictions under Canadian Securities Laws or with the SEC under the U.S. Securities Act, as applicable.</font></div>
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          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
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              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(mm)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>No orders.</u></font> No Canadian Qualifying Authority or similar regulatory authority or the TSX or the NYSE or the SEC has
                      issued any order which is currently outstanding preventing or suspending trading in any securities of the Corporation, no such proceeding is, to the knowledge of the Corporation, pending, contemplated or threatened and the Corporation
                      is not in material default of any applicable requirement of Canadian Securities Laws or of the Exchange Act, the U.S. Securities Act or the Rules and Regulations.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z688176b57e1a4fd185faff197619d160" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(nn)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Investment Company Act</u></font>. The Corporation has been advised of the rules and requirements under the <font style="font-size: 10pt; font-family: Arial; font-style: italic;">Investment Company Act of 1940</font>, as amended, and the rules and regulations promulgated thereunder (the &#8220;<font style="font-size: 10pt; font-family: Arial;
                        font-weight: bold;">Investment Company Act</font>&#8221;). The Corporation is not and, after giving effect to the Offering and the application of the Net Proceeds as described in the Registration Statement, the Prospectuses and the
                      Disclosure Package, if any, will not be, required to register as an &#8220;investment company&#8221; within the meaning of the Investment Company Act.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z4f14ffbd010947b1a303cc80349203ea" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(oo)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Independent accountants.</u></font><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">&#160;</font>Ernst &amp;
                      Young LLP, who have certified certain financial statements of the Corporation and its consolidated subsidiaries and delivered their report with respect to the audited consolidated financial statements included or incorporated by
                      reference, or to be included or incorporated by reference in the Registration Statement, Prospectuses, the Disclosure Package, if any, and any amendment to the Registration Statement or amendment to the Prospectuses, are independent
                      chartered accountants with respect to the Corporation within the meaning of Canadian Securities Laws and independent public accountants within the meaning of the U.S. Securities Act and the Rules and Regulations. Deloitte, S.L., in
                      its capacity as auditor of the financial and accounting information related to Atlantica Yield plc included or incorporated by reference, or to be included or incorporated by reference in the Registration Statement, Prospectuses, the
                      Disclosure Package, if any, and any amendment to the Registration Statement or amendment to the Prospectuses, are independent public accountants with respect to Atlantica Yield plc within the meaning of the U.S. Securities Act and the
                      Rules and Regulations.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z52e238a99177471d9e32312b9574bda9" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(pp)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>No stabilization.</u></font><font style="font-size: 10pt; font-family: Arial;"> The Corporation has not taken and will not take,
                        directly or indirectly, any action designed to or that would constitute or that might reasonably be expected to cause or result in, under Canadian Securities Laws, stabilization or manipulation of the price of the Common Shares to
                        facilitate the sale or resale of the Placement Shares, except for purchases by insiders of the Corporation in accordance with the relief obtained or to be obtained by the Corporation from the requirements of Ontario Securities
                        Commission Rule 48-501 &#8211; </font><font style="font-size: 10pt; font-family: Arial; font-style: italic;">Trading during Distributions, Formal Bids and Share Exchange Transactions</font><font style="font-size: 10pt; font-family:
                        Arial;">, and the Corporation has not taken and will not take, directly or indirectly, any action designed to or that would constitute or that might reasonably be expected to cause or result in, under the Exchange Act, stabilization
                        or manipulation of the price of the Common Shares to facilitate the sale or resale of the Placement Shares.</font></font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 21 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zbbf358e1198f4665b6b97f4448672531" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(qq)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>No franchise, contract or other document.</u></font> There is no franchise, contract or other document of a character required
                      to be described in the Registration Statement, the Prospectuses or the Disclosure Package, if any, or to be filed as an exhibit thereto, which is not described or filed as required; and the statements in the Registration Statement,
                      the Prospectuses and the Disclosure Package, if any, under the heading &#8220;<font style="font-size: 10pt; font-family: Arial; font-style: italic;">Enforceability of Civil Liabilities</font>&#8221; insofar as such statements summarize legal
                      matters, agreements, documents or proceedings discussed therein, will be accurate and fair summaries of such legal matters, agreements, documents or proceedings.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z86e754a574df4116a36e2ca5c88f79b9" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(rr)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Purchases by the Agents.</u></font> The Corporation acknowledges and agrees that the Agents have informed the Corporation that
                      the Agents may, but are not required to, to the extent permitted under the U.S. Securities Act, the Exchange Act, Canadian Securities Laws, this Agreement and the Exemption, purchase and sell Common Shares for the Agents&#8217; own accounts
                      and for the accounts of their clients at the same time as sales of Placement Shares occur pursuant to this Agreement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zeac3cd07f38c43d09d8c15077e608456" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(ss)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Conformity of Issuer Free Writing Prospectus.</u></font>&#160;Each Issuer Free Writing Prospectus conformed or will conform in all
                      material respects with the requirements of the U.S. Securities Act on the date of first use, and the Corporation has complied or will comply with any filing requirements applicable to such Issuer Free Writing Prospectus pursuant to
                      the U.S. Securities Act. Each Issuer Free Writing Prospectus, as of its issue date and at all subsequent times through the completion of the applicable sale of the Placement Shares, did not, does not and will not include any
                      information that conflicted, conflicts or will conflict with the information contained in the Registration Statement or the Prospectuses, including any document incorporated by reference therein that has not been superseded or
                      modified. The Corporation has not made any offer relating to the Placement Shares that would constitute an Issuer Free Writing Prospectus without the prior written consent of the Agents. The Corporation has retained in accordance with
                      the U.S. Securities Act all Issuer Free Writing Prospectuses that were not required to be filed pursuant to the U.S. Securities Act.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za26715186eef4b0fb58161047342610b" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(tt)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Actively-traded security.</u></font> The Common Shares qualify as an &#8220;actively-traded security&#8221; exempted from the requirements
                      of Rule 101 of Regulation M under the Exchange Act by subsection (c)(1) of such rule.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE IX</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">COVENANTS OF THE CORPORATION</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z8b5124100009468e8cca297d543a87a5" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">9.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation covenants and agrees with each of the Agents that:</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z7ab62351204641f5a235b74366f6940e" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(a)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Prospectus and Registration Statement Amendments.</u></font> After the date of this Agreement and until the completion of the
                      sales contemplated hereunder, the Corporation will:</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="ze9e08ed08e3c4c009c5a059f436ae0de" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(i)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">notify the Agents promptly of the time when any subsequent amendment to the Canadian Base Prospectus or the Registration Statement has been filed with any Canadian Qualifying
                      Authority or the SEC and has become effective or where a receipt has been issued therefor, as applicable, or any subsequent supplement to the U.S. Prospectus or the Canadian Prospectus has been filed (each, an &#8220;<font style="font-size:
                        10pt; font-family: Arial; font-weight: bold;">Amendment Date</font>&#8221;) and of any request by the SEC or any Canadian Qualifying Authority for any amendment or supplement to the Registration Statement or the Prospectuses or for
                      additional information;</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 22 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z57405336c0ec4182b38d104641c5d60f" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(ii)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">file promptly all other material required to be filed by it with the SEC pursuant to Rule 433(d) and with the Canadian Qualifying Authorities;</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z17b360f11ec74411a94b9459663f3f1b" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(iii)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">submit to the Agents a copy of any amendment or supplement to the Registration Statement or the Prospectuses (other than a copy of any documents incorporated by reference into the
                      Registration Statement or the Prospectuses) a reasonable period of time before the filing thereof and will afford the Agents and the Agents&#8217; counsel a reasonable opportunity to comment on any such proposed filing and to perform any
                      due diligence investigations as may reasonably be required prior to such proposed filing;</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zadb111ce79294d0f83f83bda5cf8e63e" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(iv)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">furnish to the Agents at the time of filing thereof a copy of any document that upon filing is deemed to be incorporated by reference in the Registration Statement or the
                      Prospectuses (provided that the Corporation shall not be required to deliver documents or information incorporated by reference into the Registration Statement or the Prospectuses if such documents are accessible from SEDAR or EDGAR);</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za0ddc69e9ba047b59515aaccf75f85d2" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(v)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">cause each amendment or supplement to the U.S. Prospectus to be filed with the SEC as required pursuant to General Instruction II.L of Form F-10 of the Rules and Regulations or, in
                      the case of any document to be incorporated therein by reference, to be filed with the SEC as required pursuant to the Exchange Act, within the time period prescribed; and</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z9d19abfa4ed0439bb6ce94600496f96c" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(vi)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">cause each amendment or supplement to the Canadian Prospectus to be filed with the Canadian Qualifying Authorities as required pursuant to Canadian Shelf Procedures or, in the case
                      of any document to be incorporated therein by reference, to be filed with the Canadian Qualifying Authorities as required pursuant to the Canadian Securities Laws, within the time period prescribed.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z904fe46ae013484694c01d05b2b7004d" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(b)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Notice of stop orders.</u></font> The Corporation will advise the Agents, promptly after it receives notice thereof, of the
                      issuance by the SEC or the Canadian Qualifying Authorities of any stop order or of any order preventing or suspending the use of the Prospectuses or other prospectus in respect of the Common Shares, of any notice of objection of the
                      SEC to the use of the form of the Registration Statement or any post-effective amendment thereto, of the suspension of the qualification of the Common Shares for offering or sale in the United States or the Canadian Qualifying
                      Jurisdictions, of the initiation or threatening of any proceeding for any such purpose, or of any request by the SEC or the Canadian Qualifying Authorities for the amending or supplementing of the Registration Statement or the
                      Prospectuses or for additional information relating to the Common Shares. If there is a Placement Notice that has been issued by the Corporation that has not been suspended or terminated in accordance with the notice requirements set
                      forth in Article V or Article XIV, as applicable, the Corporation will use its commercially reasonable efforts to prevent the issuance of any stop order or any order preventing or suspending the use of the Prospectuses or other
                      prospectus in respect of the Common Shares, a notice of objection of the SEC to the form of the Registration Statement or any post-effective amendment thereto, the suspension of any qualification for offering or sale in the United
                      States or the Canadian Qualifying Jurisdictions, and, in the event of the issuance of any such stop order or any such order preventing or suspending the use of any prospectus relating to the Common Shares or suspending any such
                      qualification, the Corporation will use its commercially reasonable efforts to obtain the lifting or withdrawal of such order as soon as possible. If there is no such outstanding Placement Notice, then, if, in the Corporation&#8217;s
                      determination and at the Corporation&#8217;s sole discretion, it is necessary to prevent the issuance of any stop order or have a stop order lifted, the Corporation will use its commercially reasonable efforts to prevent the issuance of any
                      stop order or any order preventing or suspending the use of the Prospectuses or other prospectus in respect of the Common Shares, a notice of objection of the SEC to the form of the Registration Statement or any post-effective
                      amendment thereto, the suspension of any qualification for offering or sale in the United States or the Canadian Qualifying Jurisdictions, and, in the event of the issuance of any such stop order or any such order preventing or
                      suspending the use of any prospectus relating to the Common Shares or suspending any such qualification, the Corporation will use its commercially reasonable efforts to obtain the lifting or withdrawal of such order as soon as
                      possible.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 23 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z8c19a38ed1464fc29fcbdc1fbc219a75" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(c)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Delivery of Prospectus; subsequent changes.</u></font> Within the time during which a prospectus relating to the Common Shares
                      is required to be delivered by the Agents under the U.S. Securities Act (including in circumstances where such requirement may be satisfied pursuant to Rule 172 or Rule 173(a) under the U.S. Securities Act) or the Canadian Securities
                      Laws, the Corporation will comply in all material respects with all requirements imposed upon it by the U.S. Securities Act, by the Rules and Regulations and by the Canadian Securities Laws, as appropriate and as from time to time in
                      force, and will file or furnish on or before their respective due dates all reports required to be filed or furnished by it with the SEC pursuant to sections <font style="font-size: 10pt; font-family: Arial;">13(a)</font>, <font style="font-size: 10pt; font-family: Arial;">13(c)</font>, or 15(d) of the Exchange Act, if applicable, or any other provision of or under the Exchange Act or with the Canadian Qualifying Authorities pursuant to the Canadian
                      Securities Laws, as appropriate. If during such period any event occurs as a result of which the Prospectuses as then amended or supplemented would include an untrue statement of material fact or omit to state a material fact
                      necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend or supplement the Registration Statement or the Prospectuses to comply with
                      the U.S. Securities Act or the Canadian Securities Laws, the Corporation will immediately notify the Agents to suspend the offering of Placement Shares during such period and, if, in the Corporation&#8217;s determination and at the
                      Corporation&#8217;s sole discretion, it is necessary to file an amendment or supplement to the Registration Statement or the Prospectuses to comply with the U.S. Securities Act, the Rules and Regulations, or the Canadian Securities Laws,
                      the Corporation will promptly prepare and file with the Canadian Qualifying Authorities and the SEC such amendment or supplement as may be necessary to correct such statement or omission or to make the Registration Statement or the
                      Prospectuses comply with such requirements, and the Corporation will furnish to the Agents such number of copies of such amendment or supplement as the Agents may reasonably request.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z37c8ca8b463b4572b6e4b0d35fed080c" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(d)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Delivery of Registration Statement and Prospectuses.</u></font> The Corporation will furnish to the Agents and their counsel (at
                      the expense of the Corporation) copies of the Registration Statement, the Prospectuses (including all documents incorporated by reference therein), in both the English and French languages, as applicable, and all amendments and
                      supplements to the Registration Statement or the Prospectuses that are filed with the SEC or Canadian Qualifying Authorities during the period in which a prospectus relating to the Common Shares is required to be delivered under the
                      U.S. Securities Act (including all documents filed with the SEC during such period that are deemed to be incorporated by reference therein) or the Canadian Qualifying Authorities (including all documents filed with the Canadian
                      Qualifying Authorities during such period that are deemed to be incorporated by reference therein), in each case as soon as reasonably practicable and in such quantities as the Agents may from time to time reasonably request; <font style="font-size: 10pt; font-family: Arial; font-style: italic;">provided, however</font>, the Corporation shall not be required to furnish any documents to the Agents that are available on SEDAR or EDGAR.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
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        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 24 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z3d2626e8dd9d42d5a0c121f3d8635f25" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(e)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Corporation information.</u></font> The Corporation will furnish to the Agents such information in its possession as is
                      reasonably requested by the Agents as necessary or appropriate to fulfil its obligations as agent pursuant to this Agreement, the U.S. Securities Act and Canadian Securities Laws.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="ze2e5ac3ab15d444faa90d00d88dfd57e" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(f)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Earnings statement.</u></font> The Corporation will make generally available to its security holders as soon as practicable, but
                      in any event not later than fifteen (15) months after the end of the Corporation&#8217;s current fiscal quarter, an earnings statement covering a twelve (12) month period that satisfies the provisions of section <font style="font-size:
                        10pt; font-family: Arial;">11(a)</font> of the U.S. Securities Act and Rule 158 of the Rules and Regulations.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z4401835bf7ec45d0b8c706ffab8b29a4" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(g)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Material non-public information.</u></font> The Corporation covenants that it will not issue a Placement Notice to any Agent in
                      accordance with Article III hereof if the Corporation is in possession of material non-public information regarding the Corporation and its subsidiaries, taken as a whole, or the Common Shares.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zdc99fc40afff4e35acf4570f00d36908" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(h)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Expenses.</u></font> The Corporation, whether or not the transactions contemplated hereunder are consummated or this Agreement
                      is terminated in accordance with Article XIV, will pay all expenses relating to the following matters: (i) the preparation, printing and filing of the Registration Statement and each amendment and supplement thereto, of each of the
                      Prospectuses and of each amendment and supplement thereto and of each Issuer Free Writing Prospectus; (ii) the preparation, issuance and delivery of the Placement Shares, including any transfer agent fees payable in connection
                      therewith; (iii) all fees and disbursements of the Corporation&#8217;s counsel, accountants and other advisors; (iv) the reasonable fees, disbursements and expenses of counsel to the Agents in connection with this Agreement, the
                      Registration Statement and the Prospectuses and ongoing services in connection with the transaction contemplated hereunder; (v) the qualification of the Placement Shares under securities law, including filing fees in connection
                      therewith; (vi) the printing and delivery to the Agents of copies of the Prospectuses and any amendments or supplements thereto, and of this Agreement; (vii) the fees and expenses incurred in connection with the listing or
                      qualification of the Placement Shares for trading on the TSX and NYSE; and (viii) the filing fees and expenses related to the SEC, the Canadian Qualifying Authorities and the Financial Industry Regulatory Authority (including
                      reasonable fees and disbursements of counsel to the Agents incurred in connection therewith). All fees and expenses are to be paid in the currency in which such fees and expenses were incurred.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="ze5b15445faea44969369b14999af0f68" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(i)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Use of proceeds.</u></font> The Corporation will use the Net Proceeds as described in the Prospectuses.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z0022772c701d481c83c8fec7d96d66c1" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(j)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Change of circumstances</u></font>. During the term of this Agreement, the Corporation will, at any time during a fiscal quarter
                      in which the Corporation intends to deliver a Placement Notice to the Agents to sell Placement Shares, advise the Agents promptly after it has received notice or obtained knowledge thereof, of any information or fact that would alter
                      or affect in any material respect any opinion, certificate, letter or other document provided to the Agents pursuant to this Agreement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
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        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 25 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z7ccad11783e04e05adde9d35122360b3" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(k)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Due diligence cooperation.</u></font> The Corporation will cooperate with any due diligence review conducted by the Agents or
                      their agents, including, without limitation, providing information and making available documents and senior corporate officers, as the Agents or their counsel may reasonably request; provided, however, that the Corporation shall be
                      required to make available senior corporate officers only by telephone or at the Corporation&#8217;s principal offices, and during the Corporation&#8217;s ordinary business hours.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z9505d3ca979c4490899b9539852879ca" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(l)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Affirmation of representation, warranties, covenants and other agreements.</u></font> Upon commencement of the offering of the
                      Placement Shares under this Agreement (and upon the recommencement of the offering of the Placement Shares under this Agreement following any suspension of sales under Article V), and at each Applicable Time, each Settlement Date and
                      each Amendment Date, the Corporation shall be deemed to have affirmed each representation and warranty contained in this Agreement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z9164c2bd9b8d441b9b1b4e889f59af2b" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(m)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Required filings relating to Placement Shares.</u></font> In each quarterly report, annual information form or annual financial
                      statements/annual report on Form 40-F filed by the Corporation in respect of any quarter in which sales of Placement Shares were made by the Agents under this Agreement, the Corporation shall set forth with regard to such quarter the
                      number of Placement Shares sold through the Agents under this Agreement, the Net Proceeds received by the Corporation and the compensation paid by the Corporation to the Agents, which may be combined with the related Offering expenses
                      (if the Corporation determines, in its sole discretion, that such combined disclosure is advisable or required) with respect to the sale of such Placement Shares pursuant to this Agreement. For so long as the Common Shares are listed
                      on the TSX, the Corporation will provide the TSX with all information it requires with respect to the Offering within the timelines prescribed by the TSX.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zebd6d86f52d1423fa52b5d668135b459" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(n)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Representation Date; certificate.</u></font> During the term of this Agreement, each time the Corporation: (i) files the
                      Prospectuses relating to the Placement Shares or amends or supplements the Registration Statement or the Prospectuses relating to the Placement Shares by means of a post-effective amendment or supplement but not by means of
                      incorporation of document(s) by reference to the Registration Statement or the Prospectuses relating to the Placement Shares; (ii) files or amends an annual report on Form 40-F; (iii) files or amends interim financial statements on
                      Form 6-K; or (iv) at any other time reasonably requested by the Agents (each date of filing of one or more of the documents referred to in clauses (i) through (iii) and any time of request pursuant to (iv) above shall be a &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Representation Date</font>&#8221;), the Corporation shall furnish the Agents with a certificate, in the form attached hereto as Exhibit A within three (3) Trading Days of any
                      Representation Date. The requirement to provide a certificate under this Section 9.1(n) shall be waived for any Representation Date occurring at a time at which no Placement Notice is pending, which waiver shall continue until the
                      earlier to occur of the date the Corporation delivers a Placement Notice hereunder (which for such calendar quarter shall be considered a Representation Date) and the next occurring Representation Date; provided, however, that such
                      waiver shall not apply for any Representation Date on which the Corporation files its annual report on Form 40-F. Notwithstanding the foregoing, if the Corporation subsequently decides to sell Placement Shares following a
                      Representation Date when the Corporation relied on such waiver and did not provide the Agents with a certificate under this Section 9.1(n), then before the Corporation delivers the Placement Notice or the Agents sell any Placement
                      Shares, the Corporation shall provide the Agents with a certificate, in the form attached hereto as Exhibit A, dated the date of the Placement Notice.</font></div>
                </td>
              </tr>

          </table>
        </div>
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      <div>&#160;</div>
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        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 26 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="ze1fac703a84a4aeb941c16c9a1d87dab" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(o)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Legal and auditor opinions.</u></font> Upon execution of this Agreement and within three (3) Trading Days of each Representation
                      Date with respect to which the Corporation is obligated to deliver a certificate in the form attached hereto as Exhibit A for which no waiver is applicable and concurrently with the delivery of a certificate pursuant to the last
                      sentence of Section 9.1(n), the Corporation will furnish or cause to be furnished to the Agents and to counsel to the Agents: (A) the written opinion of Blake, Cassels &amp; Graydon LLP, Canadian counsel for the Corporation as to the
                      laws of Ontario, Alberta, British Columbia and Qu&#233;bec and the laws of Canada applicable therein and by local counsel as to the matters relating to jurisdictions other than Ontario, Alberta, British Columbia and Qu&#233;bec, such opinion
                      letter to be substantially similar to the form attached hereto as Exhibit B, (B) the written opinion and a negative assurance letter, to the extent applicable, of Gibson, Dunn &amp; Crutcher LLP, U.S. counsel for the Corporation, such
                      opinion and negative assurance letter to be substantially similar to the form attached hereto as Exhibit C; (C) a legal opinion of Blake, Cassels &amp; Graydon LLP, Canadian counsel to the Corporation, to the effect that the French
                      language version of the Canadian Prospectus, together with each document incorporated for reference therein (other than financial statements and other financial data contained therein or omitted therefrom), is a complete and proper
                      translation of the English version thereof; (D) an opinion of the Corporation&#8217;s auditors to the effect that the financial statements and other financial data contained or incorporated by reference in the French language version of the
                      Canadian Prospectus (other than with respect to Atlantica Yield plc), is a complete and proper translation of the English version thereof, and (E) an opinion from the applicable auditors to the effect that the financial and accounting
                      information contained or incorporated by reference in the French language version of the Canadian Prospectus related to Atlantica Yield plc, is a complete and proper translation of the English version thereof, each dated the date the
                      opinion is required to be delivered, in a form and substance satisfactory to the Agents and their counsel, acting reasonably, or, in lieu of such opinions, counsel last furnishing such opinion to the Agents may furnish the Agents with
                      a letter to the effect that the Agents may rely on such last opinion to the same extent as though it was dated the date of such letter authorizing reliance (except that statements in such last opinion shall be deemed to relate to the
                      Registration Statement and the Prospectuses as amended and supplemented to the time of delivery of such letter authorizing reliance).</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z77d997b4c17842459fe45b60c4a0adfa" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(p)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Comfort Letters of auditors.</u></font> Upon execution of this Agreement and (x) within three (3) Trading Days of each
                      Representation Date with respect to which the Corporation is obligated to deliver a certificate in the form attached hereto as Exhibit A for which no waiver is applicable and (y) concurrently with the delivery of a certificate
                      pursuant to the last sentence of Section 9.1<font style="font-size: 10pt; font-family: Arial;">(n)</font>, the Corporation shall cause both its auditors and the auditors of Atlantica Yield plc, to furnish to the Agents letters
                      (collectively, the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Comfort Letters</font>&#8221; and each, a &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Comfort Letter</font>&#8221;) dated the
                      date each such Comfort Letter is delivered, in form and substance satisfactory to the Agents, acting reasonably, addressed to the Agents, (i) relating to the verification of certain of the financial information and statistical and
                      accounting data relating to: (A) the Corporation and its subsidiaries; or (B) relating to the financial and accounting information of Atlantica Yield plc, as applicable, each as contained in the Registration Statement and the
                      Prospectuses or incorporated by reference therein, which comfort letter shall be based on a review having a cut-off date not more than two (2) Business Days prior to the date of such letter; (ii) stating that such auditors are
                      independent public accountants within the meaning of the U.S. Securities Act and the Rules and Regulations, and that in their opinion the audited financial statements of the Corporation and the financial and accounting information
                      relating to Atlantic Yield plc, as applicable, as incorporated by reference in the Registration Statement and the Prospectuses comply as to form in all material respects with the published accounting requirements of the U.S.
                      Securities Act and the related regulations and with the applicable accounting requirements of the U.S. Securities Act and the Exchange Act and the related published rules and regulations adopted by the SEC (the first such letter, the
                      &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Initial Comfort Letters</font>&#8221;) and (iii) updating the Initial Comfort Letters with any information which would have been included in the Initial Comfort Letters
                      had it been given on such date and modified as necessary to relate to the Registration Statement and the Prospectuses, as amended and supplemented to the date of such letter.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
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        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 27 -</font></div>
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        <div>
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              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(q)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Chief Financial Officer certificate.</u></font> Upon execution of this Agreement and (x) within three (3) Trading Days of each
                      Representation Date with respect to which the Corporation is obligated to deliver a certificate (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">CFO Certificate</font>&#8221;) in the form attached hereto as
                      Exhibit D for which no waiver is applicable and (y) concurrently with the delivery of a certificate pursuant to the last sentence of Section 9.1(n), the Agents shall have received a certificate from the Chief Financial Officer of the
                      Corporation, in the form attached hereto as Exhibit D with respect to certain financial information in the Prospectus Supplements.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z2279ee23950c4b19824d830775b5d25b" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(r)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Market activities.</u></font> The Corporation will not, directly or indirectly: (i) take any action designed to or that would
                      constitute or that might reasonably be expected to cause or result in, under Canadian Securities Laws or the Exchange Act or otherwise, stabilization or manipulation of the price of any security of the Corporation to facilitate the
                      sale or resale of the Placement Shares; or (ii) sell, bid for, or purchase the Placement Shares, or pay anyone any compensation for soliciting purchases of the Placement Shares other than the Agents.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z10e2ee17a4144ddc9f434db593b45276" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(s)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Investment Company Act.</u></font> The Corporation will conduct its affairs in such a manner so as to reasonably ensure that
                      prior to the termination of this Agreement, it will not be or become required to register as an &#8220;investment company&#8221; as defined in the <font style="font-size: 10pt; font-family: Arial; font-style: italic;">United States Investment
                        Company Act</font>&#160;<font style="font-size: 10pt; font-family: Arial; font-style: italic;">of 1940</font>, as amended, and the rules and regulations of the SEC promulgated thereunder.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zf91768ce92ac4e468f14e63a25de6e0a" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(t)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>No offer to sell.</u></font> Other than a free writing prospectus (as defined in Rule 405 of the U.S. Securities Act) approved
                      in advance by the Corporation and the Agents in each of their capacities as principal or agent hereunder, neither the Agents nor the Corporation (including its agents and representatives, other than the Agents in each of their
                      capacities as such) will make, use, prepare, authorize, approve or refer to any written communication (as defined in Rule 405 of the U.S. Securities Act), required to be filed by it with the SEC, that constitutes an offer to sell or
                      solicitation of an offer to buy Placement Shares hereunder.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zae8b6bd4cae941cb8c7bd8740c6aebdb" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(u)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Consent to Agents&#8217; trading.</u></font> The Corporation consents to the extent permitted under the Securities Act, the Exchange
                      Act, Canadian Securities Laws, the rules of the TSX and the NYSE, the Exemption and under this Agreement, to the Agents trading in the Common Shares of the Corporation: (i) for the account of their clients at the same time as sales of
                      Placement Shares occur pursuant to this Agreement; and (ii) for the Agents&#8217; own accounts provided that no such purchase or sale shall take place by an Agent while such Agent has received a Placement Notice that remains in effect,
                      unless the Corporation has expressly authorized or consented in writing to any such trades by such Agent.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 28 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z7d80857638494159b3aaa48efceef04c" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(v)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Actively-traded security.</u></font> The Corporation shall notify the Agents immediately by an email addressed to each of the
                      respective individuals from each of the Agents set forth on Schedule 1 attached hereto if the Common Shares cease to qualify as an &#8220;actively-traded security&#8221; exempted from the requirements of Rule 101 of Regulation M under the
                      Exchange Act by subsection (c)(1) of such rule and the sales shall be suspended until that or other exemptive provisions have been satisfied in the judgement of each party.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE X</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ADDITIONAL REPRESENTATIONS AND COVENANTS OF THE CORPORATION</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z1c599eb4ed9446de989a5508d91f94e1" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">10.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Issuer Free Writing Prospectuses.</u></font></font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z2621cd8b337f4a8e9068980a4ea03631" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(a)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation represents that it has not made, and covenants that, unless it obtains the prior written consent of the Agents, it will not make any offer relating to the Common
                      Shares that would constitute an Issuer Free Writing Prospectus required to be filed by it with the SEC or retained by the Corporation under Rule 433; except as set forth in a Placement Notice, no use of any Issuer Free Writing
                      Prospectus has been consented to by the Agents. The Corporation agrees that it will comply with the requirements of Rule 164 and Rule 433 of the U.S. Securities Act applicable to any Issuer Free Writing Prospectus, including timely
                      filing with the SEC or retention where required and legending.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z34f1964bd173499a904b361ebc271d14" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(b)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation agrees that no Issuer Free Writing Prospectus, if any, will include any information that conflicts with the information contained in the Registration Statement,
                      including any document incorporated by reference therein that has not been superseded or modified, or the Prospectuses. In addition, no Issuer Free Writing Prospectus, if any, together with the Prospectuses, will include an untrue
                      statement of a material fact or omit to state a material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading; provided however, the foregoing shall not apply to any
                      statements or omissions in any Issuer Free Writing Prospectus made in reliance on information furnished in writing to the Corporation by the Agents expressly stating that such information is intended for use therein.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z08dad8f37c0c4bfe8dd062bc3809d9f8" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(c)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation agrees that if at any time following issuance of an Issuer Free Writing Prospectus any event occurred or occurs as a result of which such Issuer Free Writing
                      Prospectus would conflict with the information in the Registration Statement, including any document incorporated by reference therein that has not been superseded or modified, or the Prospectuses or would include an untrue statement
                      of a material fact or omit to state a material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading, the Corporation will give prompt notice thereof to the Agents and,
                      if requested by the Agents, will prepare and furnish without charge to the Agents an Issuer Free Writing Prospectus or other document which will correct such conflict, statement or omission; provided, however, the foregoing shall not
                      apply to any statements or omissions in any Issuer Free Writing Prospectus made in reliance on information furnished in writing to the Corporation by the Agents expressly stating that such information is intended for use therein.</font></div>
                </td>
              </tr>

          </table>
          <div> <br>
          </div>
        </div>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 29 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <div>
            <div style="text-align: justify;">
              <div>
                <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

                    <tr>
                      <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">10.2</font></td>
                      <td style="width: auto; vertical-align: top; text-align: justify;">
                        <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Non-issuer free writing prospectus.</u></font> The Corporation consents to the use by the Agents of a free writing
                            prospectus that: (i) is not an &#8220;issuer free writing prospectus&#8221; as defined in Rule 433; and (ii) contains only information describing the terms of the Common Shares or the Offering, or information permitted under Rule 134 under
                            the U.S. Securities Act; provided, however, that the Agents, severally and not jointly, covenant with the Corporation not to take any action that would result in the Corporation being required to file with the SEC under Rule
                            433(d) a free writing prospectus prepared by or on behalf of the Agents that otherwise would not be required to be filed by the Corporation thereunder, but for the action of the Agents.</font></div>
                      </td>
                    </tr>

                </table>
              </div>
            </div>
          </div>
          <div> <br>
          </div>
          <table cellspacing="0" cellpadding="0" id="z80683dc171914727a650c9f8b8eb6085" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">10.3</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Distribution of Offering materials</u></font>. The Corporation has not distributed and will not distribute, during the term of
                      this Agreement, any &#8220;marketing materials&#8221; (as defined in NI 41-101 <font style="font-size: 10pt; font-family: Arial; font-style: italic;">General Prospectus Requirements</font>) in connection with the offering and sale of the
                      Placement Shares other than the Registration Statement, the Prospectuses or any Issuer Free Writing Prospectus reviewed and consented to by the Agents and included in a Placement Notice (as described in Section 10.1(a) above),
                      provided that the Agents, severally and not jointly, covenant with the Corporation not to take any action that would result in the Corporation being required to file with the Canadian Qualifying Authorities any &#8220;marketing materials&#8221;
                      that otherwise would not be required to be filed by the Corporation, but for the action of the Agents.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE XI</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">CONDITIONS TO THE AGENTS&#8217; OBLIGATIONS</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zcdd1b27e67f94b7cb01a61a80f853646" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">11.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The obligations of the Agents hereunder with respect to a Placement will be subject to the continuing accuracy and completeness of the representations and warranties made by the
                      Corporation herein, to the due performance by the Corporation of its obligations hereunder, to the completion by the Agents of a due diligence review satisfactory to the Agents in their reasonable judgment, and to the continuing
                      satisfaction (or waiver by the Agents in their sole discretion) of the following additional conditions:</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zd4204de78c5b4b1489e1731aa17a3760" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(a)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Canadian Prospectus Supplements.</u></font> The Canadian Prospectus Supplements shall have been filed with the Canadian
                      Qualifying Authorities under the Canadian Shelf Procedures and in accordance with this Agreement, all requests for additional information on the part of the Canadian Qualifying Authorities shall have been complied with to the
                      reasonable satisfaction of the Agents and the Agents&#8217; counsel and the Exemption shall remain in full force and effect without amendment.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z8e239bccc4094155809f29957b77770d" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(b)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Registration Statement effective.</u></font> The Registration Statement shall remain effective and shall be available for the
                      sale of: (i) all Placement Shares issued pursuant to all prior Placements and not yet sold by the Agents; and (ii) all Placement Shares contemplated to be issued by the Placement Notice relating to such Placement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z84243795faba47c08a83533860fad58f" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(c)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>No material notices.</u></font> None of the following events shall have occurred and be continuing: (i) receipt by the
                      Corporation of any request for additional information from the SEC, the Canadian Qualifying Authorities or any other federal or state or foreign or other governmental, administrative or self-regulatory authority during the period of
                      effectiveness of the Registration Statement and the Prospectuses, the response to which would require any amendments or supplements to the Registration Statement or the Prospectuses; (ii) the issuance by the SEC, the Canadian
                      Qualifying Authorities or any other federal or state or foreign or other governmental authority of any stop order suspending the effectiveness of the Registration Statement or the Prospectuses or the initiation of any proceedings for
                      that purpose; (iii) receipt by the Corporation of any notification with respect to the suspension of the qualification or exemption from qualification of any of the Placement Shares for sale in any jurisdiction or the initiation or
                      threatening of any proceeding for such purpose; (iv) the occurrence of any event that makes any statement made in the Registration Statement or the Prospectuses or any document incorporated or deemed to be incorporated therein by
                      reference untrue in any material respect or that requires the making of any changes in the Registration Statement, Prospectuses or documents so that, in the case of the Registration Statement, it will not contain any untrue statement
                      of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading, and in the case of each Prospectus, it will not contain any untrue statement of a material
                      fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; and (v) the Corporation&#8217;s reasonable
                      determination that a post-effective amendment to either of the Registration Statement or Prospectuses would be appropriate.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 30 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z135aa050ea224a4890aa4ac8ac5b459b" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(d)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Certificate.</u></font> The Agents shall have received the certificate required to be delivered pursuant to Section 9.1(n) on or
                      before the date on which delivery of such certificate is required pursuant to Section 9.1(n).</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z14cb33b349854b308fe6fe5b5db2d979" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(e)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Legal opinions.</u></font> The Agents shall have received the opinions of counsel to be delivered pursuant to Section 9.1(o) on
                      or before the date on which such delivery of such opinions are required pursuant to Section 9.1(o). In addition, on such dates that the opinions required by Section 9.1(o)<font style="font-size: 10pt; font-family: Arial;">&#160;</font>are
                      delivered, the Agents shall have also received: (i) the opinion and negative assurance letter of Cravath, Swaine &amp; Moore LLP, U.S. counsel to the Agents, with respect to the issuance and sale of the Placement Shares in the United
                      States, the Registration Statement, the Disclosure Package, if any, the U.S. Prospectus and other related matters as the Agents may reasonably require; and (ii) the opinion of Bennett Jones LLP, Canadian counsel for the Agents, with
                      respect to the issuance and sale of the Placement Shares in Canada, the Canadian Prospectus and other related matters as the Agents may reasonably require, it being understood that counsel for the Agents may rely on the opinions of
                      counsel for the Corporation and that counsel for the Agents and counsel for the Corporation may rely upon the opinions of local counsel as to all matters not governed by the laws of the respective jurisdictions in which they are
                      qualified to practice, and may rely, to the extent appropriate in the circumstances, as to matters of fact on certificates of the Corporation, auditors and public officials, and that the opinions of counsel may be subject to usual
                      qualifications as to equitable remedies, creditors&#8217; rights laws and public policy considerations.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zf24cdaed65d94be6b3862c88682cf889" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(f)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Comfort Letters.</u></font> The Agents shall have received the Comfort Letters required to be delivered pursuant to Section
                      9.1(p) on or before the date on which such delivery of such letter is required pursuant to Section 9.1(p).</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z27c7d325dcd54f64b982f1b6ba665f79" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(g)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Approved for listing.</u></font> The Placement Shares shall have either been: (i) approved for listing, subject to notice of
                      issuance, on the NYSE and the TSX; or (ii) the Corporation shall have filed an application for listing of the Placement Shares on the NYSE and the TSX at or prior to the issuance of the Placement Notice. Trading in the Common Shares
                      shall not have been suspended on such markets.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z2dc543b14c2340da968bbcb097419080" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(h)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>CFO Certificate.</u></font> The Agents shall have received the CFO Certificate required to be delivered pursuant to Section
                      9.1(q) on or before the date on which such delivery of such certificate is required pursuant to Section 9.1(q).</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 31 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zccc71be0ac734768b687633211e68e94" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(i)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Other materials.</u></font> On each date on which the Corporation is required to deliver a certificate pursuant to Section
                      9.1(n), the Corporation shall have furnished to the Agents such appropriate further information, certificates and documents as the Agents may reasonably request.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="ze880ee8bdb1a40d1ac991c368dd66a4d" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(j)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>U.S. Securities Act filings</u></font>. All filings with the SEC required by General Instruction II.L of Form F-10, the U.S.
                      Securities Act and the Canadian Qualifying Authorities to have been filed prior to the issuance of any Placement Notice hereunder shall have been made within the applicable time period prescribed for such filing by General Instruction
                      II.L of Form F-10, the U.S. Securities Act and Canadian Securities Laws.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zae6480b7db0f401ea379e91124166e71" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(k)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>FINRA.</u></font> If a filing with FINRA is required, FINRA shall not have objected to the fairness or reasonableness of the
                      terms or arrangements under this Agreement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE XII</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">INDEMNIFICATION AND CONTRIBUTION</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z83ffd4c4c87640e7bd7f8f3bbf53d81d" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">12.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation will indemnify and hold harmless each of the Agents and their respective subsidiaries, directors, officers, employees and agents, affiliates, and each person, if any,
                      who controls any of the Agents within the meaning of the 1933 Act and the 1934 Act (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Indemnified</font>&#160;<font style="font-size: 10pt; font-family: Arial;
                        font-weight: bold;">Parties</font>&#8221;) against all losses (excluding lost profit), claims, liabilities and expenses (including, without limitation, reasonable expenses of investigation and defending any claims or litigation as the
                      same are incurred), upon the terms of the indemnity attached as Schedule 2, whether or not the transactions herein contemplated shall be completed.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zd4c8969dc782464a80a6a2590a401623" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">12.2</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Moreover, the Corporation will indemnify and hold harmless each of the Agents against any documentary, stamp or similar issue tax, including any interest and penalties, on the issue
                      and sale of the Placement Shares sold by it hereunder and on the execution and delivery of this Agreement. All payments to be made by the Corporation hereunder shall be made without withholding or deduction for or on account of any
                      present or future taxes, duties or governmental charges whatsoever unless the Corporation is compelled by law to deduct or withhold such taxes, duties or charges. In that event, the Corporation shall pay such additional amounts as may
                      be necessary in order that the net amounts received after such withholding or deduction shall equal the amounts that would have been received if no withholding or deduction had been made.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE XIII</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">REPRESENTATIONS AND AGREEMENT TO SURVIVE DELIVERY</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z640dab27a8a24a6c9e5f70bf218e331e" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">13.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">All representations and warranties of the Corporation herein or in certificates delivered pursuant hereto shall remain operative and in full force and effect regardless of: (i) any
                      investigation made by or on behalf of the Agents, any controlling persons, or the Corporation (or any of their respective officers, directors or controlling persons); (ii) delivery and acceptance of the Placement Shares and payment
                      therefor; or (iii) any termination of this Agreement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE XIV</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">TERMINATION</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zab1b9cbdfb4148aea202b73f1184b1b2" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">14.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation shall have the right to terminate this Agreement with any or all of the Agents in its sole discretion at any time by giving written notice as hereinafter specified.
                      Any such termination shall be without liability of any party to any other party except that the provisions of Section 9.1(h), Article XII, Section 13.1, Section 14.5, Section 16.1, Section 19.1, Section 19.2<font style="font-size:
                        10pt; font-family: Arial;"> and Section 19.3 </font>hereof shall remain in full force and effect notwithstanding such termination.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 32 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z20b079bc5a9849109ca2f6877d16fccd" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">14.2</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Each Agent shall have the right to terminate its obligations under this Agreement in its sole discretion at any time after the date of this Agreement by giving written notice as
                      hereinafter specified. Any such termination shall be without liability of any party to any other party except that the provisions of Section 9.1(h), Article XII, Section 13.1, Section 14.5, Section 16.1, Section 19.1, Section 19.2<font style="font-size: 10pt; font-family: Arial;"> and Section 19.3 </font>hereof shall remain in full force and effect notwithstanding such termination.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z5689148772a846618679c25008c1e3b6" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">14.3</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Unless previously terminated pursuant to this Article XIV, this Agreement shall automatically terminate upon the earlier of (i) October 19, 2020; and (ii) the issuance and sale of
                      all the Placement Shares through the Agents on the terms and subject to the conditions set forth herein; provided, however that any such termination shall in all cases be deemed to provide that Section 9.1(h), Article XII, Section
                      13.1, Section 14.5, Section 16.1, Section 19.1, Section 19.2 <font style="font-size: 10pt; font-family: Arial;">and Section 19.3 </font>shall remain in full force and effect.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z414f099fd8f54ccd88a31c2bf5f742a4" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">14.4</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">This Agreement shall remain in full force and effect unless terminated pursuant to Sections 14.1, 14.3 or otherwise by mutual agreement of the parties; provided, however, that any
                      such termination shall in all cases be deemed to provide that Section 9.1(h), Article XII, Section 13.1, Section 14.5, Section 16.1<font style="font-size: 10pt; font-family: Arial;">, </font>Section 19.1, Section 19.2 <font style="font-size: 10pt; font-family: Arial;">and Section 19.3 </font>shall remain in full force and effect.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z4bebe13349324fa2b4c7c564c434d4fa" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">14.5</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Any termination of this Agreement shall be effective on the date specified in such notice of termination; provided, however, that such termination shall not be effective until the
                      close of business on the date of receipt of such notice by the Agents or the Corporation, as the case may be. If such termination shall occur prior to the Settlement Date for any sale of Placement Shares, such Placement Shares shall
                      settle in accordance with the provisions of this Agreement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z1e176d4771b04f9eb7e1ae9281a6f804" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">14.6</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">In the event that the Corporation terminates this Agreement, as permitted under Section <font style="font-size: 10pt; font-family: Arial;">14.1</font>, the Corporation shall be
                      under no continuing obligation, either pursuant to this Agreement or otherwise to utilize the services of the Agents in connection with any sale of securities of the Corporation or to pay any compensation to the Agents other than
                      compensation with respect to sales of Placement Shares subscribed on or before the termination date and the Corporation shall be free to engage other placement agents and underwriters from and after the termination date with no
                      continuing obligation to the Agents.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE XV</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">NOTICES</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zbbf7e2cca5924443b62876f308d611a2" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">15.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Any notice or other communication required or permitted to be given by any party to any other party pursuant to the terms of this Agreement (except for such notices to be delivered
                      to the Authorized Representatives set out on Schedule 1 attached hereto, as such Schedule 1 may be amended from time to time by written notice to each of the parties hereto) shall be in writing and addressed and delivered as follows:</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z2156a8607d3e4249a2ec4b1f8a13041a" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(a)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">If to the Agents, addressed and delivered to:</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">RBC Dominion Securities Inc.</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">4<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor, South Tower, 200 Bay Street</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Toronto, Ontario M5J 2W7</font></div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 33 -</font></div>
      </div>
      <div style="text-align: left;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z4431183244e949f89d99ca2b411b4688" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
                <td style="width: auto; vertical-align: top; text-align: left;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Kyle Walker, Managing Director</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" style="width: 100%; font-family: Arial; font-size: 10pt;" id="z20b0556e37a94618a36db52e95dbde04" class="DSPFListTable">

            <tr style="vertical-align: top;">
              <td style="width: 72pt;">&#160;</td>
              <td style="vertical-align: top; width: 72pt;">
                <div style="text-align: left;"><br>
                </div>
              </td>
              <td style="vertical-align: top; width: auto;">
                <div style="text-align: left;">
                  <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Power,</font><font style="font-size: 10pt; font-family: Arial;"> Utilities and Infrastructure</font></div>
                </div>
              </td>
            </tr>

        </table>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z8ef4a7c129824ff4a9e847cb11081757" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Email:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><br>
                  </div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">-and-</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">RBC Capital Markets, LLC</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">200 Vesey St</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">New York, New York 10281-8098</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z88fd7263d8924196ab55eeb0ebe46230" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Andrew Jones, Director</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z0e51aa668de74deb9037a834b7563e09" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Email:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><br>
                  </div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">-and-</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">J.P. Morgan Securities Canada Inc.</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">200 Bay St</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Toronto, Ontario M5J 2J2</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
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                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">David Harrison, Managing Director and</font></div>
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                </td>
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                  <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Stephanie Little, Executive Director</font></div>
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                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><br>
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      <div style="text-align: justify; text-indent: 0pt; margin-left: 144pt;"><br>
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      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">-and-</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">J.P. Morgan Securities LLC</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">383 Madison Avenue</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">New York, New York 10179</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
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                <td style="width: 72pt;"><br>
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                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Brett Chalmers, Vice President</font></div>
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        </div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z12bcfd9ad9f245baa228b6937905e72c" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Email:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><br>
                  </div>
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          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">-and-</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Merrill Lynch Canada Inc.</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">181 Bay Street, Suite 400.</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Toronto, Ontario M5J 2V8</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z04f2c6d8a3b547199b858bec6e5c0caf" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 72pt;"><br>
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                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
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                  <div><font style="font-size: 10pt; font-family: Arial;">Jamie Hancock, Managing Director</font></div>
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        </div>
      </div>
      <div style="text-align: justify;">
        <div>
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                <td style="width: 72pt;"><br>
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                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Email:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;"><br>
                </td>
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        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">-and-</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">One Bryant Park</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">New York, New York 10036</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
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                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Christopher Pih, Managing Director</font></div>
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      <div style="text-align: justify;">
        <div>
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                </td>
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          <div> <br>
          </div>
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      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 34 -</font></div>
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      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">-and-</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Scotia Capital Inc.</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">40 King Street West, 64<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Toronto, Ontario M5W 2X6</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z40a88268bc8c44f583c4dfce612a4c9c" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Thomas Kurfurst, Managing Director</font></div>
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      </div>
      <div style="text-align: justify;">
        <div>
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                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Email:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><br>
                  </div>
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        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Scotia Capital (USA) Inc.</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">250 Vesey Street, 24th Floor</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">New York, New York 10281</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
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                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Seth Keller, Co-Head, U.S. Power and Utilities Investment Banking</font></div>
                </td>
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        </div>
      </div>
      <div style="text-align: justify;">
        <div>
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                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Email:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><br>
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        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">-and-</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">TD Securities Inc.</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">66 Wellington Street W, 9<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor<br>
        </font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Toronto, Ontario M5K 1A2</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z99bde003e17d41f697b488837c2cbf0b" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">John Kroeker, Managing Director</font></div>
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        </div>
      </div>
      <div style="text-align: justify;">
        <div>
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                <td style="width: 72pt;"><br>
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                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Email:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;"><br>
                </td>
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          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">-and-</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">TD Securities (USA) LLC</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">31 W 52<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">nd</sup> St #18</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">New York, New York 10019</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z019bd8a414504619a420a457f334a32b" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 72pt;"><br>
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                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Keith Lord, Managing Director</font></div>
                </td>
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          </table>
        </div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z71b5283c783a48619f055bbee52df563" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Email:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><br>
                  </div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: left; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">with a copy to (which shall not constitute notice):</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Bennett Jones LLP</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">100 King St W Suite 3400,</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Toronto, Ontario M5X 1A4</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z65616c4f66884412b38111a0157febec" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 72pt;"><br>
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                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Norman Findlay</font></div>
                </td>
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          </table>
        </div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zcd949f9761784ec0b737ee3ef3e6157a" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Email:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><br>
                  </div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: left; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">-and-</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Cravath, Swaine &amp; Moore LLP</font></div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">825 Eighth Avenue</font></div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">New York, New York 10019</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zb132b0fcd2754f21a431099c819c2b6e" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 72pt;"><br>
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                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Andrew J. Pitts</font></div>
                </td>
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          </table>
        </div>
      </div>
      <div style="text-align: justify;">
        <div>
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                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Email:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><br>
                  </div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 35 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
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                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(b)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">If to the Corporation, shall be addressed and delivered to:</font></div>
                </td>
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          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Algonquin Power &amp; Utilities Corp.</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">354 Davis Road</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Oakville, Ontario L6J 2X1</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za92ab9e0687340ffbf1439862b3626a7" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">David Bronicheski, Chief Financial Officer and</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: Arial; font-size: 10pt; width: 100%;" id="86553bb1986746eabe915d7e89eca763" class="DSPFListTable">

          <tr>
            <td style="width: 72pt;"></td>
            <td style="width: 72pt; vertical-align: top; align: right;"><br>
            </td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Jennifer Tindale, Chief Legal Officer</font></div>
            </td>
          </tr>

      </table>
      <div style="text-align: left;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za95534f9b60b43e69a7e74aad0d91d94" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Email:</font></td>
                <td style="width: auto; vertical-align: top; text-align: left;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><br>
                    </font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: Arial; font-size: 10pt; width: 100%;" id="c4a17a28efae4677a8b470520041075b" class="DSPFListTable">

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            <td style="width: 72pt;"></td>
            <td style="width: 72pt; vertical-align: top; align: right;"><br>
            </td>
            <td style="width: auto; vertical-align: top; text-align: left;"><br>
            </td>
          </tr>

      </table>
      <div> <br>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: Arial; font-size: 10pt; width: 100%;" id="07565bf9fe024acc9c9ecfd6754f390c" class="DSPFListTable">

          <tr>
            <td style="width: 72pt;"></td>
            <td style="width: 72pt; vertical-align: top; align: right;"><br>
            </td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">with a copy to<br>
                </font></div>
            </td>
          </tr>

      </table>
      <div style="text-align: left; margin-left: 144pt;"><br>
      </div>
      <div style="text-align: left; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;">with a copy to (which shall not constitute notice):</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Blake, Cassels &amp; Graydon LLP</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Suite 4000, 199 Bay Street,</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Toronto Ontario M5L 1A9</font></div>
      <div><br>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z4080da137e934a85bec6dbc6441529dd" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">John Wilkin</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zb5f86dcc92e3462a898f4cff98f6be66" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Email:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><br>
                  </div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Gibson, Dunn &amp; Crutcher LLP</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">200 Park Avenue</font></div>
      <div style="text-align: justify; margin-left: 72pt;"><font style="font-size: 10pt; font-family: Arial;">New York, New York 10166</font></div>
      <div><br>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za16206dca6df40dcb913d863947424ff" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Attention:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">John Gaffney</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="ze1119f009ea445aeb100c8968c3eaabe" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">Email:</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;"> <br>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z02e908980cda4bea89a99322b21bdce1" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">15.2</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Each party to this Agreement may change such address for notices by sending to the other party to this Agreement written notice of a new address for such purpose. Each such notice or
                      other communication shall be deemed given: (i) when delivered personally or by e-mail (with an original to follow) on or before 4:30 p.m., Toronto time, on a Business Day or, if such day is not a Business Day, on the next succeeding
                      Business Day; (ii) on the next Business Day after timely delivery to a nationally-recognized overnight courier; (iii) on the Business Day actually received if deposited in the mail (certified or registered mail, return receipt
                      requested, postage prepaid); and (iv) if sent by email, on the Business Day on which receipt is confirmed by the individual to whom the notice is sent, other than via auto-reply.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE XVI</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">CONSENT TO JURISDICTION</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zb2275307bf544e10a0467120d7842565" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">16.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation irrevocably: (i) agrees that any legal suit, action or proceeding against the Corporation brought by any Agent or by any person who controls any Agent arising out of
                      or based upon this Agreement or the transactions contemplated thereby may be instituted in any Ontario court; (ii) waives, to the fullest extent it may effectively do so, any objection which it may now or hereafter have to the laying
                      of venue of any such proceeding; and (iii) submits to the exclusive jurisdiction of such courts in any such suit, action or proceeding. To the extent that the Corporation has or hereafter may acquire any immunity from jurisdiction of
                      any court or from any legal process (whether through service of notice, attachment prior to judgment, attachment in aid of execution, execution or otherwise) with respect to itself or its property, it hereby irrevocably waives such
                      immunity in respect of its obligations under the above-referenced documents, to the extent permitted by law. The provisions of this Section 16.1 shall survive any termination of this Agreement, in whole or in part.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 36 -</font></div>
      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE XVII</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">SUCCESSORS AND ASSIGNS</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z08423caf06a344a9bb596a3333c71296" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">17.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">This Agreement shall inure to the benefit of and be binding upon the Corporation and the Agents and their respective successors and the affiliates, controlling persons, officers and
                      directors referred to in Section 12.1 hereof. References to any of the parties contained in this Agreement shall be deemed to include the successors and permitted assigns of such party. Nothing in this Agreement, express or implied,
                      is intended to confer upon any party other than the parties hereto or their respective successors and permitted assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement, except as expressly
                      provided in this Agreement. No party may assign its rights or obligations under this Agreement without the prior written consent of the other parties.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z2bdea26cb2e04c96863e2654d7bf64d8" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">17.2</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The parties hereby agree that Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated may, on two (2) Trading Days prior notice, assign its rights and obligations under this Agreement
                      to any other registered broker-dealer wholly-owned by Bank of America Corporation to which all or substantially all of Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated&#8217;s investment banking or related business may be transferred
                      following the date of this Agreement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE XVIII</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ADJUSTMENTS FOR STOCK SPLITS</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z161a7408e7a8496e853956d6920de2f0" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">18.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The parties hereto acknowledge and agree that all share related numbers contained in this Agreement shall be adjusted to take into account any stock split, stock dividend or similar
                      event effected with respect to the Common Shares.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ARTICLE XIX</font></div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">GENERAL</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za45175fd52e84eb0a99bacfd31e90f54" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">19.1</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">This Agreement (including all schedules and exhibits attached hereto and Placement Notices issued pursuant hereto) constitutes the entire agreement and supersedes all other prior and
                      contemporaneous agreements and undertakings, both written and oral, among the parties hereto with regard to the subject matter hereof. Neither this Agreement, nor any term hereof, may be amended except pursuant to a written instrument
                      executed by the Corporation and the Agents. In the event that any one or more of the provisions contained herein, or the application thereof in any circumstance, is held invalid, illegal or unenforceable, the validity, legality and
                      enforceability of any such provision in every other respect and of the remaining provisions contained herein shall not be affected or impaired thereby.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z587dba616183480f893e5ae48b8e2e4e" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">19.2</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">This Agreement and any claim, controversy or dispute relative to or arising out of this Agreement shall be governed by and interpreted in accordance with the laws of the Province of
                      Ontario and the federal laws of Canada applicable therein. Each of the parties hereto irrevocably attorns to the jurisdiction of the courts of the Province of Ontario.</font></div>
                </td>
              </tr>

          </table>
          <div> <br>
          </div>
        </div>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 37 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zf1f3275a608144ac98a77c1647c302df" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">19.3</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation and each of the Agents hereby irrevocably waive any right either may have to a trial by jury in respect of any claim based upon or arising out of this Agreement or
                      any transaction contemplated hereby.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z1e030995abcd48029d67d8d03410ed67" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">19.4</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The parties acknowledge that they are sophisticated in business and financial matters and that each of them is solely responsible for making its own independent investigation and
                      analysis of the transactions contemplated by this Agreement. They further acknowledge that the Agents have not been engaged by the Corporation to provide, and have not provided, financial advisory services in connection with the terms
                      of the Offering nor have the Agents assumed at any time a fiduciary relationship to the Corporation in connection with such Offering. The Corporation hereby waives, to the fullest extent permitted by law, any claims it may have
                      against the Agents for breach of fiduciary duty or alleged breach of fiduciary duty and agrees the Agents shall have no liability (whether direct or indirect) to the Corporation in respect of such a fiduciary duty claim or to any
                      person asserting a fiduciary duty claim on behalf of or in right of the Corporation, including shareholders, employees or creditors of Corporation.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za7d6c595496444c8bbffc3012949ac3b" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">19.5</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation agrees to indemnify each of the Agents, its directors, officers, affiliates and each person, if any, who controls such Agent within the meaning of section <font style="font-size: 10pt; font-family: Arial;">16</font> of the U.S. Securities Act or section 20 of the Exchange Act, against any loss incurred by such Agent as a result of any judgment or order being given or made for any amount due
                      hereunder and such judgment or order being expressed and paid in a currency (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Judgment Currency</font>&#8221;) other than U.S. dollars and as a result of any
                      variation as between: (i) the rate of exchange at which the U.S. dollar amount is converted into the Judgment Currency for the purpose of such judgment or order; and (ii) the rate of exchange at which such indemnified person is able
                      to purchase U.S. dollars with the amount of the Judgment Currency actually received by the indemnified person. The foregoing indemnity shall constitute a separate and independent obligation of the Corporation and shall continue in
                      full force and effect notwithstanding any such judgment or order as aforesaid. The term &#8220;rate of exchange&#8221; shall include any premiums and costs of exchange payable in connection with the purchase of, or conversion into, the relevant
                      currency.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zaa19dbb1cfe24644bc75d01fff6727c2" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">19.6</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">In accordance with the requirements of the <font style="font-size: 10pt; font-family: Arial; font-style: italic;">USA Patriot Act</font> (Title III of Pub. L. 107-56 (signed into
                      law October 26, 2001)), the Agents are required to obtain, verify and record information that identifies their respective clients, including the Corporation, which information may include the name and address of their respective
                      clients, as well as other information that will allow the Agents to properly identify their respective clients.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zadbb035b410f41cb8de52f2e8121edbd" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">19.7</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;"><u>Recognition of the U.S. Special Resolutions Regimes</u></font></font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zdaf8bbd5c3814fbc8663aced4c6de0f0" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(a)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">In the event that any Agent that is a Covered Entity (as defined below) becomes subject to a proceeding under a U.S. Special Resolution Regime (as defined below), the transfer from
                      such Agent of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such
                      interest and obligation, were governed by the laws of the United States or a state of the United States.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="ze8fec5c280e94bf5acb6a61b65a766bd" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(b)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">In the event that any Agent that is a Covered Entity or a BHC Act Affiliate (as defined below) of such Agent becomes subject to a proceeding under a U.S. Special Resolution Regime,
                      Default Rights (as defined below) under this Agreement that may be exercised against such Agent are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if
                      this Agreement were governed by the laws of the United States or a state of the United States.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 38 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z9bacc82ada6e455daebe5c67a888d3e6" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(c)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">For purposes of this Section 19.7 a &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">BHC Act Affiliate</font>&#8221; has the meaning assigned to the term &#8220;affiliate&#8221;
                      in, and shall be interpreted in accordance with, 12 U.S.C. &#167; 1841(k). &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Covered Entity</font>&#8221; means any of the following: (i) a &#8220;covered entity&#8221; as that term is
                      defined in, and interpreted in accordance with, 12 C.F.R. &#167; 252.82(b); (ii) a &#8220;covered bank&#8221; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &#167; 47.3(b); or (iii) a &#8220;covered FSI&#8221; as that term is defined in, and
                      interpreted in accordance with, 12 C.F.R. &#167; 382.2(b). &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Default Right</font>&#8221; has the meaning assigned to that term in, and shall be interpreted in accordance with,
                      12 C.F.R. &#167;&#167; 252.81, 47.2 or 382.1, as applicable. &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">U.S. Special Resolution Regime</font>&#8221; means each of (i) the Federal Deposit Insurance Act and the regulations
                      promulgated thereunder and (ii) Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the regulations promulgated thereunder.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z4f670dde7e614aecb389d4aff1cbc781" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">19.8</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
                      Delivery of an executed Agreement by one party to the other may be made by email transmission.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z14f70421e16c49fabd3f70b8e33dd3ec" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">19.9</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">If the foregoing accurately reflects your understanding and agreement with respect to the matters described herein please indicate your agreement by countersigning this Agreement in
                      the space provided below.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 39 -</font></div>
      </div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Very truly yours,</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" border="0" id="zd3d2240a37684d708ecb573ca07ff67c" style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse;">

          <tr>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
            <td style="vertical-align: top;" colspan="2">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 60%; vertical-align: top;" rowspan="1">&#160;</td>
            <td style="vertical-align: top;" colspan="2" rowspan="1">&#160;</td>
          </tr>
          <tr>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Per:</font></div>
            </td>
            <td style="width: 36%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">(signed) <font style="font-size: 10pt; font-family: Arial; font-style: italic;">&#8220;Ian Robertson&#8221;</font></font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 36%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Name: Ian Robertson</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 60%; vertical-align: top;" rowspan="1">&#160;</td>
            <td style="width: 4%; vertical-align: top;" rowspan="1">&#160;</td>
            <td style="width: 36%; vertical-align: top;" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Title: Chief Executive Officer</font></div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" id="z82e4b26138ed464e90e4eddc63bf2771" style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse;">

          <tr>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Per:</font></div>
            </td>
            <td style="width: 36%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">(signed) <font style="font-size: 10pt; font-family: Arial; font-style: italic;">&#8220;David Bronicheski&#8221;</font></font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 60%; vertical-align: top;" rowspan="1">&#160;</td>
            <td style="width: 4%; vertical-align: top;" rowspan="1">&#160;</td>
            <td style="width: 36%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0);" rowspan="1">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Name: David Bronicheski</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 36%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Title: Chief Financial Officer</font></div>
            </td>
          </tr>

      </table>
      <div> <br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
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        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 40 -</font></div>
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      <div style="text-align: justify;">&#160;<font style="font-size: 10pt; font-family: Arial;">The foregoing agreement is hereby accepted and agreed to as of the date first written above.</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" border="0" id="zdc186e376bf540408b15b3003ba25c1b" style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse;">

          <tr>
            <td style="vertical-align: top;" colspan="2">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">RBC DOMINION SECURITIES INC.</font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="vertical-align: top;" colspan="2">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">RBC CAPITAL MARKETS, LLC</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Per:</font></div>
            </td>
            <td style="width: 41%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">(signed) <font style="font-size: 10pt; font-family: Arial; font-style: italic;">&#8220;Kyle Walker&#8221;</font></font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Per:</font></div>
            </td>
            <td style="width: 41%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">(signed) <font style="font-size: 10pt; font-family: Arial; font-style: italic;">&#8220;Andrew Jones&#8221;</font></font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Name: Kyle Walker</font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Name: Andrew Jones</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Title: Managing Director</font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Title: Director</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top;" colspan="2">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">J.P. MORGAN SECURITIES CANADA INC.</font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="vertical-align: top;" colspan="2">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">J.P. MORGAN SECURITIES LLC</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Per:</font></div>
            </td>
            <td style="width: 41%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">(signed) <font style="font-size: 10pt; font-family: Arial; font-style: italic;">&#8220;David Harrison&#8221;</font></font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Per:</font></div>
            </td>
            <td style="width: 41%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">(signed) <font style="font-size: 10pt; font-family: Arial; font-style: italic;">&#8220;Brett Chalmers&#8221;</font></font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Name: David Harrison</font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Name: Brett Chalmers</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Title: Managing Director</font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Title: Vice President</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top;" colspan="2">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">MERRILL LYNCH CANADA INC.</font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="vertical-align: top; font-weight: bold;" colspan="2">
              <div style="text-align: left; font-family: Arial; font-size: 10pt;">MERRILL LYNCH, PIERCE, FENNER &amp; SMITH INCORPORATED</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Per:</font></div>
            </td>
            <td style="width: 41%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">(signed) <font style="font-size: 10pt; font-family: Arial; font-style: italic;">&#8220;Jamie W. Hancock&#8221;</font></font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Per:</font></div>
            </td>
            <td style="width: 41%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">(signed) <font style="font-size: 10pt; font-family: Arial; font-style: italic;">&#8220;Christopher Pih&#8221;</font></font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Name: Jamie W. Hancock</font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Name: Christopher Pih</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Title: Managing Director</font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Title: Managing Director</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top;" colspan="2">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">SCOTIA CAPITAL INC.</font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="vertical-align: top;" colspan="2">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">SCOTIA CAPITAL (USA) INC.</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top; padding-bottom: 2px;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Per:</font></div>
            </td>
            <td style="width: 41%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">(signed) <font style="font-size: 10pt; font-family: Arial; font-style: italic;">&#8220;Thomas Kurfurst&#8221;</font></font></div>
            </td>
            <td style="width: 8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
            <td style="width: 5%; vertical-align: top; padding-bottom: 2px;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Per:</font></div>
            </td>
            <td style="width: 41%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">(signed) <font style="font-size: 10pt; font-family: Arial; font-style: italic;">&#8220;Seth Keller&#8221;</font></font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div>
                <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Name: Thomas Kurfurst</font></div>
              </div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Name: Seth Keller</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div>
                <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Title: Managing Director</font></div>
              </div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Title: Co-head, US Power &amp; Utilities Investment Banking</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top;" colspan="2">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">TD SECURITIES INC.</font></div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="vertical-align: top;" colspan="2">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">TD SECURITIES (USA) LLC</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top; padding-bottom: 2px;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Per:</font></div>
            </td>
            <td style="width: 41%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">(signed) <font style="font-size: 10pt; font-family: Arial; font-style: italic;">&#8220;John Kroeker&#8221;</font></font></div>
            </td>
            <td style="width: 8%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
            <td style="width: 5%; vertical-align: top; padding-bottom: 2px;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Per:</font></div>
            </td>
            <td style="width: 41%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">(signed) <font style="font-size: 10pt; font-family: Arial; font-style: italic;">&#8220;Keith Lord&#8221;</font></font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div>
                <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Name: John Kroeker</font></div>
              </div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Name: Keith Lord</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div>
                <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Title: Managing Director</font></div>
              </div>
            </td>
            <td style="width: 8%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Title: Managing Director</font></div>
            </td>
          </tr>

      </table>
      <div> <br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 41 -</font></div>
      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">SCHEDULE 1</font></div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">AUTHORIZED REPRESENTATIVES</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">The Authorized Representatives of the Corporation are as follows:</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" border="0" id="z37b3530170134b16bcab9474d5efe901" style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse;">

          <tr>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Name and Office / Title</font></div>
            </td>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">E-mail Address</font></div>
            </td>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Telephone Numbers</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Ian E. Robertson</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Chief Executive Officer</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);"> <br>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">David Bronicheski</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Chief Financial Officer</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Chris Jarratt</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Vice Chair</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Jennifer Tindale</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Chief Legal Officer</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Arthur Kacprzak</font></div>
              <div style="text-align: justify; font-family: Arial;">
                <div style="text-align: justify; font-size: 10pt;">
                  <div style="text-align: left; font-size: 10pt;">Vice President, Treasury and Treasurer</div>
                </div>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);"><br>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>

      </table>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 42 -</font></div>
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      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">The Authorized Representatives of RBC Dominion Securities Inc. and RBC Capital Markets LLC are as follows:</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" border="0" id="zb511cbfc6e1b460b839063a6605a6f47" style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse;">

          <tr>
            <td style="vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Name and Office / Title</font></div>
            </td>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">E-mail Address</font></div>
            </td>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Telephone Numbers</font></div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); width: 1%;" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Kyle Walker</font></div>
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Managing Director, Power, Utilities and Infrastructure</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); width: 1%;" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">James Obright</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Managing Director</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); width: 1%;" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Christina Chan</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Director</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); width: 1%;" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Tyler Parrent</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Vice President</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
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          </tr>
          <tr>
            <td style="vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); width: 1%;" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
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              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Director</font></div>
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            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
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          </tr>
          <tr>
            <td style="vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); width: 1%;" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Steven Jacob</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Vice President</font></div>
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            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>

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      </div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">The Authorized Representatives of J.P. Morgan Securities Canada Inc. and J.P. Morgan Securities LLC are as follows:</font></div>
      <div>&#160;</div>
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          <tr>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Name and Office / Title</font></div>
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            <td style="width: 39%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">E-mail Address</font></div>
            </td>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Telephone Numbers</font></div>
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          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Stephanie Little</font></div>
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Executive Director</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Ara Movsesian</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Jemil Salih</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Brennan Howard</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>

      </table>
      <div> <br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
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      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">The Authorized Representatives of Merrill Lynch Canada Inc. and Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated are as follows:</font></div>
      <div>&#160;</div>
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          <tr>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Name and Office / Title</font></div>
            </td>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">E-mail Address</font></div>
            </td>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Telephone Numbers</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Christine Roemer</font></div>
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Vice President</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);"> <br>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">The Authorized Representatives of Scotia Capital Inc. and Scotia Capital (USA) Inc. are as follows:</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" border="0" id="z49c28a2df826481e825a16a39c41184d" style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse;">

          <tr>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Name and Office / Title</font></div>
            </td>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">E-mail Address</font></div>
            </td>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Telephone Numbers</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Geoff Darling</font></div>
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Director</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);"> <br>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" rowspan="1" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" rowspan="1">&#160;</td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" rowspan="1" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" rowspan="1">&#160;</td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" rowspan="1" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" rowspan="1">&#160;</td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Paul O&#8217;Hea</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Managing Director &amp; Head of Canadian Trading</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Paul Dhaliwal</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Associate Director</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">John McGuire</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Managing Director, Head of US Equity Sales and Trading</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">The Authorized Representatives of TD Securities Inc. and TD Securities (USA) LLC are as follows:</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" border="0" id="z65613d4343f34d7db0688e8768d6512b" style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse;">

          <tr>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Name and Office / Title</font></div>
            </td>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">E-mail Address</font></div>
            </td>
            <td style="width: 1%; vertical-align: middle; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Telephone Numbers</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Kosta Galanis</font></div>
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Managing Director</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Denise D&#8217;Avella</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Vice President</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">George Stratis</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Paul Brehl</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Executive Managing Director, Institutional Equities</font></div>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 39%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);"><br>
            </td>
            <td style="width: 1%; vertical-align: top; border-left: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);" colspan="1">&#160;</td>
            <td style="width: 29%; vertical-align: top; border-right: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Office:</font></div>
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Cell:</font></div>
            </td>
          </tr>

      </table>
      <div> <br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 44 -</font></div>
      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">SCHEDULE 2</font></div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;"><font style="font-size: 10pt; font-family: Arial;"><u>INDEMNIFICATION</u></font></font></div>
      <div>&#160;</div>
      <div style="text-align: justify; margin-right: 10.8pt;"><font style="font-size: 10pt; font-family: Arial;">Capitalized terms used but not defined in this Schedule 2 shall have the meanings assigned to them in the Agreement to which this Schedule is
          attached.</font></div>
      <div>&#160;</div>
      <div style="text-align: left;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za61c7b2a35134b16bfea25b850632295" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">1.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Indemnity</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za7ea38a58bfa4cc6a80ad8045214c131" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(a)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Indemnity</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Algonquin Power &amp; Utilities Corp. (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Indemnitor</font>&#8221;) hereby
          agrees to indemnify and hold harmless each of the Agents and each of their respective directors, officers, employees, affiliates and agents and each person, if any, who controls any Agent within the meaning of section 15 of the U.S. Securities
          Act of 1933, as amended, or section 20 of the Exchange Act and the successors and assigns of the foregoing persons (collectively, the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Indemnified Parties</font>&#8221; or
          individually, the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Indemnified Party</font>&#8221;) from and against all liabilities, claims, losses (other than loss of profits), reasonable costs, damages and reasonable expenses
          (including, without limitation any legal fees or other expenses reasonably incurred by the Agents in connection with defending or investigating any such action or claim and securityholder or derivative actions, arbitration proceedings or
          otherwise) (a &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Claim</font>&#8221;) in any way caused by, or arising directly or indirectly from, or in consequence of:</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z786b07d2c2ee474ebb91ad0f87e176ab" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(i)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">any information or statement (except any statement relating solely to such Agents or Agents which has been provided in writing to the Corporation by or on behalf of any Agent or
                      Agents specifically for inclusion therein) contained in the Agreement, Registration Statement, Prospectuses and Disclosure Package, if any, or any amendments thereto, supplements or in any certificate of the Corporation delivered
                      pursuant to the Agreement which, at the time and, other than with respect to the Registration Statement, in the light of the circumstances under which it was made, contains or is alleged to contain a misrepresentation or untrue
                      statement of a material fact;</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za20f15b705f54794bb95b439164ecd73" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(ii)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">any omission or alleged omission to state in the Registration Statement, Prospectuses and Disclosure Package, if any, or any amendments thereto, supplements or in any certificate of
                      the Corporation delivered pursuant to the Agreement, any material fact (except any fact relating solely to such Agent or Agents which has been provided in writing to the Corporation by or on behalf of such Agent or Agents specifically
                      for inclusion therein) regarding the Corporation and its operations and affairs that is necessary to make any statement therein not misleading in light of the circumstances in which it was made;</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zbcd8738e6c304f43abb00af626ae5a10" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(iii)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">any order made or enquiry, investigation or proceedings commenced or threatened by any securities commission or other competent authority based upon any untrue statement or omission
                      or alleged untrue statement or alleged omission or any misrepresentation or alleged misrepresentation (except a statement or omission or alleged statement or omission regarding facts relating solely to such Agent or Agents which has
                      been provided in writing to the Corporation specifically for inclusion therein) in the Registration Statement, Prospectuses and Disclosure Package, if any or any amendments or supplements thereto or based upon any failure to comply
                      with any of the applicable United States federal securities laws, including the U.S. Securities Act and the Exchange Act and all applicable Canadian Securities Laws (other than any failure or alleged failure to comply by any of the
                      Agents), preventing or restricting the trading in or the sale or distribution of the Placement Shares;</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 45 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zb683d8a398044224bcdd68201a43fdba" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(iv)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">the non-compliance or alleged non-compliance by the Corporation with any of the applicable United States federal securities laws, including the U.S. Securities Act and the Exchange
                      Act and all applicable Canadian Securities Laws, including, in the case of the Corporation, the Corporation&#8217;s non-compliance with any statutory requirement to make any document available for inspection; or</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z9a9197f5c5b44b16ad7aaacabb421dd5" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(v)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">any breach by the Corporation of its material representations, warranties, covenants or obligations to be complied with under the Agreement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">This indemnity shall cease to be available to an Indemnified Party if a court of competent jurisdiction in a final judgment in which such
          Indemnified Party is named as a party determines that the Claim in respect of which indemnification is sought is a result of or arises out of the gross negligence or willful misconduct of such Agent (provided that, for greater certainty, the
          Corporation and the Agents agree that they do not intend that any failure by the Agents to conduct such reasonable investigation as necessary to provide the Agents with reasonable grounds for believing the Registration Statement, the Prospectuses
          and the Disclosure Package, if any, or any amendment to the Registration Statement or amendment to the Prospectuses, contained no misrepresentation shall constitute &#8220;gross negligence&#8221; or &#8220;willful misconduct&#8221; for purposes of this Section 1 or
          otherwise disentitle the Agents from indemnification hereunder). In such event, such Agent shall reimburse any funds advanced by the Corporation to such Agent pursuant to the indemnification contained in this Schedule 2 in respect of such Claim
          and thereafter this indemnity shall cease to apply to such Agent in respect of such Claim.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za2c571f7f77649bb89a57f5b240c37ff" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(b)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Notification of Claims</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">If any Claim is asserted against any Indemnified Party, such Indemnified Party will notify the Corporation as soon as possible of the nature of
          such Claim (but the omission so to notify the Corporation of any potential Claim shall not relieve the Corporation from any liability which it may have to any Indemnified Party and any omission so to notify the Corporation of any actual Claim
          shall affect the Corporation&#8217;s liability only to the extent that it is prejudiced as a proximate result of that failure). Subject to subsection 1(d), the Corporation shall be entitled to participate in and, to the extent that it shall wish, to
          assume the defense of any suit brought to enforce such Claim; provided, however, that the defense shall be conducted through legal counsel acceptable to such Indemnified Party, acting reasonably, that no settlement of any such Claim or admission
          of liability may be made by the Corporation or such Indemnified Party without the prior written consent of the other parties, acting reasonably, and the Corporation shall not be liable for any settlement of any such Claim unless it has consented
          in writing to such settlement. The Corporation shall not settle any Claim, or compromise a consent to any judgment unless such settlement, compromise or judgment (i) includes an unconditional release of such Indemnified Party from all liability
          arising out of such action or claim and (ii) does not include a statement as to or an admission of fault, culpability or a failure to act, by or on behalf of such Indemnified Party.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z7351cec1c3cb4f3a833bcba254c42e73" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(c)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Right of Indemnity in Favour of Others</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">With respect to any Indemnified Party who is not a party to the Agreement, the Indemnified Parties who are party to the Agreement shall obtain and
          hold the rights and benefits of Section 1 of this Schedule 2 in trust for and on behalf of such Indemnified Party.</font></div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 46 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z08f5c46e2b5944e9a805b22aa0cb2991" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(d)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Retaining Counsel</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">In any Claim, the Indemnified Party shall have the right to retain other counsel to act on its behalf, provided that the reasonable fees and
          disbursements of such counsel shall be paid by such Indemnified Party unless (i) the Corporation fails to assume the defense of such suit on behalf of such&#160; Indemnified Party within 10 days of receiving written notice of such suit; (ii) the
          Corporation and such Indemnified Party shall have mutually agreed to the retention of the other counsel; or (iii) the named parties to any such Claim (including any added third or impleaded party) include such Indemnified Party and the
          Corporation and such Indemnified Party shall have been advised by counsel that the representation of all parties by the same counsel would be inappropriate due to the actual or potential differing interests between them, including the potential
          availability of one or more legal defenses to such Indemnified Party which are different from or in addition to those available to the other parties or the potential for a conflict to exist between the Corporation and such Indemnified Party. In
          no event shall the Corporation be liable to pay the fees and disbursements of more than one firm of separate counsel for all Indemnified Parties and, in addition, one firm of local counsel in each applicable jurisdiction.</font></div>
      <div>&#160;</div>
      <div style="text-align: left;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z6c03d4086e3d4f4e9fb2815c1ab50b91" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">2.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Contribution</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zb23702ad8d1e4a148917568eda3ae938" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(a)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Contribution by the Corporation</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">In order to provide for just and equitable contribution in circumstances in which the indemnification provided for in Section 1 of this Schedule 2
          is unavailable, in whole or in part, for any reason to an Indemnified Party in respect of any Claim, the Corporation (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Indemnifier</font>&#8221;) and the applicable Agent or
          Agents shall contribute to the amount paid or payable (or, if such indemnity is unavailable only in respect of a portion of the amount so paid or payable, such portion of the amount so paid or payable) by the Corporation as a result of such Claim
          in such proportion as is appropriate to reflect the relative benefits received by the Corporation on the one hand and the applicable Agent or Agents on the other hand from the offering of the Placement Shares; or if this allocation is not
          permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to above but also the relative fault of the Corporation on the one hand and the applicable Agent or Agents on the other hand in
          connection with the information, statement, omission, misrepresentation, order, inquiry, investigation or other matter or thing referred to in Section 1 of this Schedule 2 which resulted in such Claim, as well as any other relevant equitable
          considerations.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">The relative benefits received by the Corporation on the one hand and the applicable Agent or Agents on the other hand shall be deemed to be in
          the same proportion as the Net Proceeds but before deducting any expenses (to the extent that such expenses are payable by the Corporation pursuant to Section 3 of this Schedule 2) received by the Corporation from the issue and sale of the
          Placement Shares bears to the fee received by the applicable Agent or Agents pursuant to the Agreement. The relative fault of the Corporation on the one hand and of the applicable Agent or Agents on the other shall be determined by reference to,
          among other things, whether the information, statement, omission, misrepresentation, order, inquiry, investigation or other matter or thing referred to in Section 1 of this Schedule 2 which resulted in such Claim relates to information supplied
          by or steps or actions taken or done by or on behalf of the Corporation or to information supplied by or steps or actions taken or done by or on behalf of the applicable Agent or Agents and the relative intent, knowledge, access to information
          and opportunity to correct or prevent such statement, omission, misrepresentation, order, inquiry, investigation or other matter or thing referred to in Section 1 of this Schedule 2. The amount paid or payable by an Indemnified Party as a result
          of the Claim referred to above shall include any legal or other expenses reasonably incurred by such Indemnified Party in connection with investigating or defending any such Claim, whether or not resulting in any such action, suit, proceeding or
          claim. The Corporation and the Agents agree that it would not be just and equitable if contribution pursuant to this Section 2 were determined by any method of allocation which does not take into account the equitable considerations referred to
          immediately above.</font></div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 47 -</font></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">A person who is engaged in any fraud, fraudulent misrepresentation or gross negligence shall not, to the extent that a court of competent
          jurisdiction in a final judgment determines that the Claim was caused by that activity, be entitled to claim contribution therefor from any person who has not also been determined by a court of competent jurisdiction in a final judgment to have
          engaged in that fraud, fraudulent misrepresentation or gross negligence.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zafaf74a9b4c44317ba1c8f3d6ab07468" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(b)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Right of Contribution in Addition to Other Rights</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">The rights to contribution provided in this Section 2 shall be in addition to and not in derogation of any other right to contribution which the
          Agents may have by statute or otherwise at law.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z30ac324db9064145ae8a2bbfa0eb1a03" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(c)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Calculation of Contribution</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">In the event that a court of competent jurisdiction in a final judgment determines that an Indemnifier is entitled to contribution from an Agent
          or Agents under the provisions of any statute or at law, the Indemnifier shall be limited to contribution in an amount not exceeding the lesser of:</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z04e95ab4805345a9bee2796f59f651a9" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(i)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">the portion of the full amount of the loss or liability giving rise to such contribution for which the applicable Agent or Agents are responsible, as determined in subsection 2(a) of
                      this Schedule 2, and</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zf60af6cbd2794469be852ec0200cc691" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(ii)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">the amount of the fee actually received by the applicable Agent or Agents from the Corporation under the Agreement, provided that no Agent shall be required to contribute any amount
                      in excess of the fee received by such Agent in connection with the Placement Shares sold by it.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zc382bdd09fcf435aaf9ff076a3d42b56" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(d)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Notice of Claim for Contribution</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">Notification to the Corporation of a Claim pursuant to subsection 1(b) of this Schedule 2 shall be deemed to also constitute notice to the
          Corporation that a claim for contribution by the Agents may arise and omission to so notify shall have similar effect.</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zc6c77a821a854838aa2d934f15ed5e7e" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(e)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Right of Contribution in Favour of Others</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; font-family: Arial;">The Corporation hereby acknowledges and agrees that, with respect to paragraphs 1 and 2 of this Schedule 2, each of the Agents are contracting on
          their own behalf and as agents for their affiliates, subsidiaries, directors, officers, employees, agents and control persons (collectively, the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Beneficiaries</font>&#8221;). In
          this regard the Agents shall act as trustees for the Beneficiaries of the Corporation&#8217;s covenants under paragraphs 1 and 2 of this Schedule 2 with respect to the Beneficiaries and accept these trusts and shall hold and enforce the covenants on
          behalf of the Beneficiaries.</font></div>
      <div>&#160;</div>
      <div style="text-align: left;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z64d4db068d924293bfdebf7475d00f05" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 72pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">3.</font></td>
                <td style="width: auto; vertical-align: top; text-align: left;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Severability</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">If any provision of Section 1 or 2 of this Schedule 2 is determined to be void or unenforceable in whole or in part, it shall be deemed not to affect or impair the
          validity of any other provision of the Agreement and such void or unenforceable provision shall be severable from the Agreement.</font></div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">EXHIBIT A</font></div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">OFFICER&#8217;S CERTIFICATE</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">I, <font style="font-size: 10pt; font-family: Arial; font-weight: bold;">[name of executive officer]</font>, the <font style="font-size: 10pt; font-family: Arial;
            font-weight: bold;">[title of executive officer]</font> of Algonquin Power &amp; Utilities Corp. (the &#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Corporation</font>&#8221;), a company incorporated under the <font style="font-size: 10pt; font-family: Arial; font-style: italic;">Canada Business Corporations Act</font>, do hereby certify in such capacity and not in my personal capacity, on behalf of the Corporation pursuant to Section 9.1(n) of the Equity
          Distribution Agreement dated February 28, 2019 (the <font style="font-size: 10pt; font-family: Arial; font-weight: bold;">&#8220;Distribution Agreement</font>&#8221;) among the Corporation,</font>RBC Dominion Securities Inc., J.P. Morgan Securities Canada
        Inc., Merrill Lynch Canada Inc., Scotia Capital Inc., TD Securities Inc., RBC Capital Markets, LLC, J.P. Morgan Securities LLC, Merrill Lynch, Pierce Fenner &amp; Smith Incorporated, Scotia Capital (USA) Inc., and TD Securities (USA) LLC<font style="font-size: 10pt; font-family: Arial;">, and without personal liability, that, to the best of my knowledge:</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zae5a83bc384d4f7887dafd2a90c4d50f" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(i)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Except as set forth in the Registration Statement, the Prospectuses and the Disclosure Package, if any, the representations and warranties of the Corporation in Section 8.1 of the
                      Equity Distribution Agreement are true and correct on and as of the date hereof with the same force and effect as if expressly made on and as of the date hereof, except for those representations and warranties that speak solely as of
                      a specific date and which were true and correct as of such date; and</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zeefc0604a7fa4042a5d24256e6152169" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(ii)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation has complied with all agreements and satisfied all conditions on its part to be performed or satisfied pursuant to the Distribution Agreement at or prior to the date
                      hereof.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Capitalized terms used but not defined herein shall have the meanings assigned thereto in the Distribution Agreement.</font></div>
      <div>&#160;</div>
      <table cellspacing="0" cellpadding="0" border="0" id="z7edd11546d9d4845bb41747fbcf43282" style="font-family: Arial; font-size: 10pt; width: 100%; border-collapse: collapse;">

          <tr>
            <td style="width: 5%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Date:</font></div>
            </td>
            <td style="width: 42%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">By</font></div>
            </td>
            <td style="width: 42%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 42%; vertical-align: top;">&#160;</td>
            <td style="width: 6%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 42%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Name:</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 42%; vertical-align: top;">&#160;</td>
            <td style="width: 6%; vertical-align: top;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 42%; vertical-align: top;">
              <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Title:</font></div>
            </td>
          </tr>

      </table>
      <div> <br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">EXHIBIT B</font></div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">MATTERS TO BE COVERED BY INITIAL OPINION OF CORPORATION&#8217;S CANADIAN COUNSEL</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zdf5a004ea5c04933bc8ce7b6045fe01b" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">1.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation is a corporation incorporated and existing under the Canada Business Corporations Act and has all requisite corporate power and capacity to conduct its business as
                      described in the Disclosure Documents.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zd3d3195af0424b3a93e512bb0c70c697" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">2.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Liberty Utilities (Canada) Corp. (&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Liberty Canada</font>&#8221;) is a corporation incorporated and existing under the
                      Canada Business Corporations Act. Liberty Canada has all requisite corporate power and capacity to conduct its business.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z8d5f83d5009c4e51b182e6a9370c0089" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">3.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Algonquin Power (Canada) Holdings Inc. (&#8220;<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Algonquin Holdco</font>&#8221;) is a corporation existing under the laws of
                      the Province of Ontario. Algonquin Holdco is duly qualified to carry on business and is in good standing in each jurisdiction in which the conduct of its business or the ownership, leasing or operation of its property and assets
                      requires such qualification, and has all requisite corporate power and authority to carry on its business and to own, lease and operate its property and assets.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zb75d332969b4453888d247f0f469abfe" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">4.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Algonquin Power Corporation Inc. is a corporation existing under the laws of the Province of Ontario. Algonquin Power Corporation Inc. is duly qualified to carry on business and is
                      in good standing in each jurisdiction in which the conduct of its business or the ownership, leasing or operation of its property and assets requires such qualification, and has all requisite corporate power and authority to carry on
                      its business and to own, lease and operate its property and assets.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zc9f1455a91d942c98a816bda4c1958f6" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">5.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Each of Algonquin Power Co., Algonquin Power Trust and Algonquin Power Operating Trust, respectively:</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z5d9e2a4eecdb4b3b845b5e8755f6b4e5" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 54pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(a)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">is a trust, duly formed, organized and validly existing under its governing jurisdiction;</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zf1fc405e98194cab9d9ea245cdb28d52" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 54pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(b)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">has made all registrations or filings required by applicable laws to create or maintain its status as a trust; and</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z3141aefcc28344c59bf623622c5b4d87" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 54pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(c)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">has the full power and capacity to carry on its business.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z9867840d3da047b8be0a434583a4d497" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">6.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">All necessary corporate action has been taken by the Corporation to authorize</font> (i) the execution and delivery of the Canadian Prospectus and the filing of the Canadian Base
                    Prospectus and the Canadian Prospectus Supplement with the Securities Commissions, and (ii) the filing of the U.S. Base Prospectus and U.S. Prospectus Supplement with the United Stated Securities and Exchange Commission and the delivery
                    of the U.S. Prospectus.</div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="ze682e43512124747be0d4afef9699cd3" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">7.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Corporation has the corporate power to enter into and deliver the EDA and to perform its obligations thereunder and to carry out the transactions contemplated thereby, and the
                      EDA has been duly authorized, executed and, to the extent delivery is a matter governed by applicable Ontario Law, delivered by the Corporation, and such agreement is a legal, valid and binding agreement of the Corporation and is
                      enforceable against the Corporation in accordance with its terms under applicable Ontario Law.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 2 -</font></div>
      </div>
      <!--PROfilePageNumberReset%Num%2%- % -%-->
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z36057d801f6740098eaa44fe87faf9d8" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">8.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The execution and delivery by the Corporation of, and the performance by the Corporation of its obligations under the EDA and the issuance of the Placement Shares in accordance with
                      the provisions of the EDA, do not and will not create a state of facts which, after notice or lapse of time or both, will result in a breach of or default under, and do not and will not conflict with and do not and will not
                      contravene: (i) any provisions of the articles, by-laws or resolutions of the shareholders or directors (or any committee thereof) of the Corporation, (ii) the laws of general application, including applicable Canadian Securities
                      Laws, of the Province of Ontario and the laws of general application of Canada applicable therein applicable to the offering of the Placement Shares; or (iii) any of the agreements or instruments described in Schedule A hereto.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z2187ee85b3f7463ba549cdbe1ad32562" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">9.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The authorized capital of the Corporation consists of an unlimited number of Common Shares and an unlimited number of first preferred shares issuable in series.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z0aafed2df7aa48d6b24249f9a16cc0df" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">10.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The attributes and characteristics of the Placement Shares conform in all material respects with the descriptions thereof in the Prospectuses.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z262eae5db8844114b4eac7b6a308b3dc" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">11.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Placement Shares have been duly authorized and reserved for issuance and, when issued in accordance with the terms of the EDA at each Settlement Date, once the Corporation has
                      received delivery of payment of the purchase price therefor, the Placement Shares will be validly issued and outstanding as fully paid and non-assessable Common Shares in the capital of the Corporation.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z6a48c8ad81134abe8e478d8f8573ed03" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">12.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">No consent, approval, authorization, filing with or order of any court or governmental agency or body is required in connection with the issuance and sale of the Placement Shares,
                      other than (i) as have been obtained or made under Designated Securities Laws, and (ii) the approval of the TSX to the listing of the Placement Shares.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zc907a04496514223a50d3c07522e52fe" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">13.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Common Shares are listed and posted for trading on the TSX and the TSX has conditionally approved the listing and posting for trading of 30,000,000 Placement Shares, subject to
                      the Corporation fulfilling all of the requirements of such exchange.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zc0b18e6166c14c348adb4cc1c5e0a776" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">14.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">AST Trust has been duly appointed as transfer agent and registrar for the Common Shares.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z3997a169bc3347d1b7103bbfc2828aa2" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">15.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Each of the Canadian Base Prospectus and the Canadian Prospectus Supplement (other than the financial statements, financial schedules and other financial or statistical data included
                      in the Canadian Base Prospectus and the Canadian Prospectus Supplement, as to which we express no opinion) appears on its face, in respect of the Canadian Base Prospectus, at the time the Final Receipt was issued therefor, and in
                      respect of the Canadian Prospectus Supplement, at the time it was filed, to have complied as to form in all material respects with the requirements of Canadian Securities Laws.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z89bf3a0ca7e74406b1d4de14113d5674" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">16.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">All necessary documents have been filed, all requisite proceedings have been taken and all other legal requirements have been fulfilled by the Corporation as required under the
                      Designated Securities Laws to qualify the distribution of the Placement Shares to the public in each of the Designated Provinces through the Canadian Agents.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-family: Arial; font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 3 -</font></div>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z69e9255669664d9e95ba973c24525fe7" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">17.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">As of the date hereof, the statements under the caption &#8220;Enforcement of Certain Civil Liberties&#8221; in the Disclosure Documents, insofar as such statements constitute summaries of legal
                      matters, legal proceedings, laws or regulations (or the interpretation or administration of laws or regulations by any relevant government authorities) are accurate in all material respects.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="ze7ffb0a69fd344e4945503e6d424c932" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">18.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">As of the date hereof, the statements under the caption &#8220;Certain Canadian Federal Income Tax Considerations&#8221; in the Disclosure Documents are an accurate summary of the principal
                      Canadian federal income tax considerations generally applicable to a holder who acquires Placement Shares as beneficial owner pursuant to the Offering, subject to the assumptions, limitations, conditions, qualifications and
                      restrictions set out therein.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z59deeadbffa84b75a070f47e0b6d3243" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">19.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Provided that, as of the date hereof, the Corporation is a &#8220;public corporation&#8221; for purposes of the Tax Act or the Placement Shares are listed on a &#8220;designated stock exchange&#8221; for
                      purposes of the Tax Act (which currently includes the TSX and the NYSE), the Placement Shares, if issued on such date, would be on such date qualified investments under the Tax Act for a trust governed by a registered retirement
                      savings plan, registered retirement income fund, registered disability savings plan, tax-free savings account, registered education savings plan or deferred profit sharing plan.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z52fc62656ddf471ba52fb75f235208f4" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">20.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">In connection with the issuance of Placement Shares, the Corporation has authorized the appointment of CT Corporation System as its agent for service of process.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">SCHEDULE A TO EXHIBIT B</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zb16809a46e094f6cbe0fde82b9d6a14d" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">1.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Trust indenture between Algonquin Power Co. and BNY Trust Company of Canada dated July 25, 2011 providing for the issuance of senior unsecured debentures, as supplemented from time
                      to time, including by the Fifth Supplemental Trust Indenture dated January 29, 2019 providing for the issuance of $300,000,000 4.60% senior unsecured debentures due January 29, 2029.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z85c4f21313a94d35963d7e588e43a8df" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">2.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Trust indenture dated as of March 1, 2016, between Algonquin Power &amp; Utilities Corp. and CST Trust Company, as trustee, providing for the creation and issuance of up to
                      $1,150,000,000 principal amount of debentures in connection with the $1.15 billion aggregate principal amount of 5.00% convertible unsecured subordinated debenture offering, as supplemented by a supplemental trust indenture dated
                      January 31, 2017.</font></div>
                </td>
              </tr>

          </table>
          <div> <br>
          </div>
        </div>
      </div>
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      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">EXHIBIT C</font></div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">MATTERS TO BE COVERED BY INITIAL OPINION AND NEGATIVE ASSURANCE LETTER OF CORPORATION&#8217;S U.S. COUNSEL</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za19660f9cfac4a308c1ad8edeac44af2" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">1.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The execution and delivery by the Company of the Equity Distribution Agreement, the performance of its obligations thereunder, and the issuance by the Company of the Shares to the
                      Agents:</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z1864140cadf8451098adf227c6c87982" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(i)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">based solely upon review of such agreements,<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">&#160;</font>do not and will not (A) result in a breach of or default
                      under or (B) result in or require the creation or imposition of any lien or encumbrance upon any assets of the Company under any agreement listed on <font style="font-size: 10pt; font-family: Arial; font-weight: bold;"><u>Annex B</u></font>;</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z4c05647a02104c558f253d1889feffe9" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(ii)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">based solely upon review of such orders, judgments or decrees, do not and will not violate any order, judgment or decree of any court or other agency of government identified to us
                      in a certificate of the Company<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">&#160;</font>as constituting all orders, judgments or decrees that are material to the Company and its subsidiaries taken as a whole and
                      that are binding on the Company, each of which orders, judgments and decrees is listed on <font style="font-size: 10pt; font-family: Arial; font-weight: bold;"><u>Annex C</u></font>; and</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zf8903f0a4b084b27911f2bf3fde8b956" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt;"><br>
                </td>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">(iii)</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">do not and will not (A) violate, or require any filing with or approval of any governmental authority or regulatory body of the State of New York or the United States of America
                      under, any law, rule or regulation of the State of New York or the United States of America applicable to the Company that, in our experience, is generally applicable to transactions in the nature of those contemplated by the Equity
                      Distribution Agreement<font style="font-size: 10pt; font-family: Arial; font-weight: bold;">&#160;</font>or (B) require any filing with or approval of any governmental authority or regulatory body of the United States of America under the
                      Securities Act of 1933, as amended (the &#8220;<font style="font-size: 10pt; font-family: Arial;"><u>Securities Act</u></font>&#8221;), except for such filings or approvals as already have been made or obtained.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zeb2c8a7e93d34a9280dced8ad885bc10" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">2.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">To the extent that the statements in the Prospectus under the caption &#8220;Certain U.S. Federal Income Tax Considerations,&#8221; purport to describe specific provisions of the Internal
                      Revenue Code of 1986, as amended, or the rules and regulations thereunder, such statements present in all material respects an accurate summary of such provisions.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zeacd920527e540a59d2f72de79bb9e0e" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">3.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">The Company is not and, after giving effect to the sale of the Shares and the use of proceeds therefrom as described in the Prospectus, will not be an &#8220;investment company&#8221; under the
                      Investment Company Act of 1940, as amended (the &#8220;<font style="font-size: 10pt; font-family: Arial;"><u>Investment Company Act</u></font>&#8221;).&#160; For purposes of this paragraph 3, the term &#8220;investment company&#8221; has the meanings ascribed to
                      such term in the Investment Company Act.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div><br>
      </div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">In addition to the matters set forth above, such counsel shall also state that (i) on the basis of the information gained in the performance of the services
          rendered, and except for the financial statements and schedules and other information of an accounting or financial nature included or incorporated by reference therein, as to all of which such counsel expresses no opinion or belief, no facts
          have come to their attention that led them to believe: (a) that the Registration Statement, at the time it became effective, or the Prospectus, as of the date of the U.S. Prospectus Supplement, was not appropriately responsive in all material
          respects to the requirements of the Securities Act and the applicable rules and regulations of the SEC thereunder; or (b)(i) that the Registration Statement, at the time it became effective, contained an untrue statement of a material fact or
          omitted to state a material fact required to be stated therein or necessary to make the statements therein not misleading, or (ii) that the Prospectus, as of its date or as of the date hereof, included or includes an untrue statement of a
          material fact or omitted or omits to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.</font></div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;"> <br>
        </font></div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ANNEX A</font></div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">RBC Dominion Securities Inc.</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">4th Floor, South Tower, 200 Bay Street</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Toronto, ON&#160; M5J 2W7.</font></div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">J.P. Morgan Securities Canada Inc.</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">200 Bay St</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Toronto, ON M5J 2J2</font></div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Merrill Lynch Canada Inc.</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">181 Bay Street, Suite 400</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Toronto ON M5J 2V8</font></div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Scotia Capital Inc.</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">40 King St. West, 64th Floor</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Toronto, ON&#160; M5W 2X6</font></div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">TD Securities Inc.</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">66 Wellington Street W, 9<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor<br>
        </font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Toronto, ON&#160; M5K 1A2</font></div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">RBC Capital Markets, LLC</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">200 Vesey St.</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">New York, NY 10281-8098</font></div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">J.P. Morgan Securities LLC</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">383 Madison Avenue</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">New York, NY 10179</font></div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Merrill Lynch, Pierce, Fenner &amp; Smith</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Incorporated</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">One Bryant Park</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">New York, NY 10036</font></div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">Scotia Capital (USA) Inc.</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">250 Vesey Street, 24th Floor</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">New York, New York 10281</font></div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">TD Securities (USA) LLC</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">31 W 52nd St #18</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: Arial;">New York, NY 10019<br>
          <br>
        </font></div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
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      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ANNEX B</font></div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Material Contracts</font></div>
      <div><br>
      </div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z176f3f8a939d4dbda03e83294fdf8ec4" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">1.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Trust Indenture, dated as of July 2, 2012, by and between Liberty Utilities Finance GP 1 and The Bank of New York Mellon.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z3eeef525e9b049ef86db87be97a1ed06" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">2.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">First Supplemental Indenture, dated as of July 2, 2012, among Liberty Utilities Finance GP1, Liberty Utilities Co. and The Bank of New York Mellon to Trust Indenture, dated as of
                      July 2, 2012.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z908d0b82a4584fa0a1d49fd7dbee5db2" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">3.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Second Supplemental Indenture, dated as of March 14, 2013, among Liberty Utilities Finance GP1, Liberty Utilities Co. and The Bank of New York Mellon to Trust Indenture, dated as of
                      July 2, 2012.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z20842903d04942eaae0f526e2aec569c" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">4.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Third Supplemental Indenture, dated as of July 11, 2013, among Liberty Utilities Finance GP1, Liberty Utilities Co. and The Bank of New York Mellon to Trust Indenture, dated as of
                      July 2, 2012.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z6604999615da4c38b81324a47cd93061" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">5.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Fourth Supplemental Indenture, dated as of April 30, 2015, among Liberty Utilities Finance GP1, Liberty Utilities Co. and The Bank of New York Mellon to Trust Indenture, dated as of
                      July 2, 2012.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zc3791a10a8dd45178894fb430631701f" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">6.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Fifth Supplemental Indenture, dated as of March 24, 2017, among Liberty Utilities Finance GP1, Liberty Utilities Co. and The Bank of New York Mellon to Trust Indenture, dated as of
                      July 2, 2012.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zc8a2c766ce994a098ca51c9a2de9cda2" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">7.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">Indenture, dated October 17, 2018, by and among Algonquin Power &amp; Utilities Corp., American Stock Transfer Trust Company, LLC, as the U.S. Trustee, and AST Trust Company
                      (Canada), as the Canadian Co-Trustee.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z58638018d1854eda8ccd1a6219480aa2" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

              <tr>
                <td style="width: 18pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">8.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">First Supplemental Indenture, dated October 17, 2018, by and among Algonquin Power &amp; Utilities Corp., American Stock Transfer Trust Company, LLC, as the U.S. Trustee, and AST
                      Trust Company (Canada), as the Canadian Co-Trustee.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ANNEX C</font></div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Material Orders, Judgments and Decrees</font></div>
      <div><br>
      </div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">None.</font></div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;"> <br>
        </font></div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
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      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">EXHIBIT D</font></div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</font></div>
      <div>&#160;</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">CHIEF FINANCIAL OFFICER&#8217;S CERTIFICATE</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Capitalized terms not defined in this certificate have the meaning ascribed to them in the Equity Distribution Agreement dated February 28, 2019 between Algonquin
          Power &amp; Utilities Corp. (the &#8220;<font style="font-size: 10pt; font-family: Arial;"><u>Company</u></font>&#8221;) and RBC Dominion Securities Inc., J.P. Morgan Securities Canada Inc., Merrill Lynch Canada Inc., Scotia Capital Inc., TD Securities Inc.,
          RBC Capital Markets, LLC, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated, Scotia Capital (USA) Inc. and TD Securities (USA) LLC (collectively, the &#8220;<font style="font-size: 10pt; font-family: Arial;"><u>Agents</u></font>&#8221;).</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">In connection with the issuance and sale by the Company of shares (the &#8220;<font style="font-size: 10pt; font-family: Arial;"><u>Shares</u></font>&#8221;) of common stock, no
          par value per share (the &#8220;<font style="font-size: 10pt; font-family: Arial;"><u>Common Stock</u></font>&#8221;) of the Company having an aggregate offering price of up to US$250,000,000 pursuant to a Canadian and U.S. prospectus supplement, each
          respectively dated February 28, 2019 (collectively, the &#8220;Prospectus Supplements&#8221;), I, David Bronicheski<font style="font-size: 10pt; font-family: Arial; font-style: italic;">, </font>in my capacity as Chief Financial Officer of the Company, have
          been asked to deliver this certificate to the Agents, and, based on an examination of the Company&#8217;s financial records and schedules undertaken by myself or members of my staff who are responsible for the Company&#8217;s financial accounting matters, I
          hereby certify, solely in my capacity as Chief Financial Officer, and not in my individual capacity, that:</font></div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zb4ef366fbdbf4c4bb18e801dd8d3dcf0" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">1.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">I am the duly qualified and acting Chief Financial Officer of the Company, as indicated on the signature page hereof, and in such capacity I am (a) responsible for the Company&#8217;s
                      financial accounting, (b) familiar with the Company&#8217;s accounting records and internal controls and (c) qualified to certify the information certified herein.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="zb6a35c7b2378479381b54a229dc16f88" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">2.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">I or members of my staff who are responsible for the Company&#8217;s financial or accounting matters have reviewed the circled information contained in the pages attached hereto as
                      Schedule 1 to this certificate and included in or incorporated by reference into the Prospectus Supplements (the &#8220;Circled Information&#8221;).</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="za73e2c878edb4c27b8e5b010a211d04f" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">3.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">I or members of my staff who are responsible for the Company&#8217;s financial or accounting matters have (a) supervised the preparation and the compilation of the Circled Information, (b)
                      reviewed the fairness of the presentation of such information through conversations, review of the Company&#8217;s accounting methodology and other procedures conducted with the relevant members of Company&#8217;s accounting staff and (c)
                      compared the Circled Information to the internal accounting records of the Company from which the Circled Information was derived and found them to be in agreement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify;">
        <div>
          <table cellspacing="0" cellpadding="0" id="z9ab6af44d0d84487b4bb3f832b98f5ba" class="DSPFListTable" style="font-family: Arial; font-size: 10pt; width: 100%;">

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                </td>
                <td style="width: 18pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: Arial;">4.</font></td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div><font style="font-size: 10pt; font-family: Arial;">On the basis of the foregoing, and after due inquiry, the Circled Information (a) has been derived from the accounting records of the Company, (b) was prepared on a basis
                      substantially consistent with the audited financial statements of the Company incorporated by reference into the Prospectus Supplements and (c) the Circled Information presents fairly, in all material respects, the historical
                      financial information presented therein.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt; font-family: Arial;">This certificate is to assist the Agents in conducting and documenting their investigation of the affairs of the Company in connection with the
          issuance and sale of the Shares covered by the Prospectus Supplements.</font></div>
      <div>&#160;</div>
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      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">SCHEDULE 1 TO</font><font style="font-size: 10pt; font-family: Arial; font-style: italic;">&#160;</font><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">EXHIBIT D</font></font></div>
      <div><br>
      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: Arial;">(See attached)</font></div>
    </div>
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<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>ex99_2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
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    <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 99.2</font><br>
    </div>
    <div>
      <div style="background-color: #FFFFFF;">
        <div style="text-align: center; font-family: Arial; font-size: 10pt; font-weight: bold;"> <br>
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        <div style="text-align: left; font-family: Arial; font-size: 10pt; font-weight: bold;"> <img src="image00001.jpg"></div>
        <div style="text-align: center; font-family: Arial; font-size: 10pt; font-weight: bold;"> <br>
        </div>
        <div style="text-align: center; font-family: Arial; font-size: 10pt; font-weight: bold;">Algonquin Power &amp; Utilities Corp. Establishes At-The-Market Equity Program</div>
      </div>
      <div style="background-color: #FFFFFF;">
        <div><br>
        </div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">OAKVILLE, ON, February 28, 2019 &#8211; Algonquin Power &amp; Utilities Corp. (&#8220;APUC&#8221;) (TSX/NYSE: AQN) today announced that it has established an at-the-market equity
            program (&#8220;ATM Program&#8221;) that allows APUC to issue up to U.S.$250,000,000 (or the equivalent in Canadian dollars) of common shares from treasury (&#8220;Common Shares&#8221;) to the public from time to time, at APUC&#8217;s discretion, at the prevailing market
            price when issued on the Toronto Stock Exchange (the &#8220;TSX&#8221;), the New York Stock Exchange (the &#8220;NYSE&#8221;) or on any other existing trading market for the Common Shares in Canada or the United States.</font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;"> <br>
          </font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">The ATM Program provides APUC with additional financing flexibility should it be required in the future. The volume and timing of distributions under the ATM
            Program, if any, will be determined at APUC&#8217;s sole discretion. The ATM Program will be effective until October 19, 2020 unless terminated prior to such date by APUC or otherwise in accordance with the terms of the equity distribution agreement
            dated February 28, 2019 (the &#8220;Equity Distribution Agreement&#8221;). APUC intends to use the net proceeds from the ATM Program, if any, to fund acquisitions, general and administrative expenses, working capital needs, repayment of indebtedness and/or
            other general corporate purposes.</font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;"> <br>
          </font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Sales of the Common Shares through the ATM Program will be made pursuant to the terms of the Equity Distribution Agreement among APUC and RBC Dominion Securities
            Inc., J.P. Morgan Securities Canada Inc., Merrill Lynch Canada Inc., Scotia Capital Inc. and TD Securities Inc. (collectively, the &#8220;Canadian Agents&#8221;) and RBC Capital Markets, LLC, J.P. Morgan Securities LLC, Merrill Lynch, Pierce Fenner &amp;
            Smith Incorporated, Scotia Capital (USA) Inc. and TD Securities (USA) LLC (the &#8220;U.S. Agents&#8221; and, together with the Canadian Agents, the &#8220;Agents&#8221;).</font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;"> <br>
          </font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Since the Common Shares will be distributed at the prevailing market prices at the time of the sale, prices may vary among purchasers and during the period of
            distribution. The ATM Program is being established pursuant to a prospectus supplement dated February 28, 2019 (the &#8220;Canadian Prospectus Supplement&#8221;) to APUC&#8217;s Canadian base shelf prospectus dated September 18, 2018 (the &#8220;Shelf Prospectus&#8221;) and
            pursuant to a prospectus supplement dated February 28, 2019 (the &#8220;U.S. Prospectus Supplement&#8221;) to APUC&#8217;s U.S. base prospectus dated September 18, 2018 (the &#8220;U.S. Base Prospectus&#8221;) included in its U.S. registration statement on Form F-10 (the
            &#8220;Registration Statement&#8221;), filed with the U.S. Securities and Exchange Commission. The Canadian Prospectus Supplement and Shelf Prospectus are available on SEDAR at <font style="font-size: 10pt; font-family: Arial;"><u>www.sedar.com</u></font>
            and the U.S. Prospectus Supplement, the U.S. Base Prospectus and the Registration Statement are available on EDGAR at <font style="font-size: 10pt; font-family: Arial;"><u>www.sec.gov</u></font>. Alternatively, the Agents will arrange to send
            copies of the Canadian Prospectus Supplement and the Shelf Prospectus or the U.S. Prospectus Supplement, the U.S. Base Prospectus and the Registration Statement, as applicable, upon request by contacting in Canada:</font></div>
        <div><br>
        </div>
      </div>
      <div style="background-color: rgb(255, 255, 255);">
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">RBC Dominion Securities Inc. by mail at RBC Wellington Square, 8th Floor, 180 Wellington St. W., Toronto Ontario, M5J 0C2, attn: Distribution Centre or by email at
            Distribution.RBCDS@rbccm.com.</font></div>
      </div>
      <div style="background-color: rgb(255, 255, 255);">
        <div><br>
        </div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">J.P. Morgan Securities Canada Inc. by mail at 66 Wellington St W, Suite 4500, Toronto, ON, M5K 1E7.</font></div>
        <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;"> <br>
          </font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Merrill Lynch Canada Inc. by mail at 181 Bay Street. Suite 400, Toronto Ontario M5J2V8, attn: Capital Markets.</font></div>
        <div><br>
        </div>
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      <div style="background-color: rgb(255, 255, 255);">
        <div><br>
        </div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Scotia Capital Inc. by mail at Scotia Plaza, 64th Floor, 40 King Street West, Toronto, ON M5H 3Y2, attn: Equity Capital Markets, by email at ecm@scotiabank.com or
            by telephone at 416.862.5837.</font></div>
        <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;"> <br>
          </font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">TD Securities Inc. by mail at Symcor, NPM, 1625 Tech Avenue, Mississauga, Ontario L4W 5P5, by email at sdcconfirms@td.com or by telephone at 289.360.2009.</font></div>
      </div>
      <div style="background-color: #FFFFFF;">
        <div><br>
        </div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">or in the U.S.:</font></div>
        <div><br>
        </div>
      </div>
      <div style="background-color: rgb(255, 255, 255);">
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">RBC Capital Markets, LLC by mail at 200 Vesey Street, 8th Floor, New York, NY 10281-8098, attn: Equity Syndicate, by email at equityprospectus@rbccm.com or by
            telephone at 877.822.4089.</font></div>
        <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;"> <br>
          </font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">J.P. Morgan Securities LLC by mail at and c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, attn: Prospectus Department, by email at
            prospectus-eq_fi@jpmchase.com or by telephone at 1.866.803.9204.</font></div>
        <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;"> <br>
          </font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;">Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated</font>, NC1-004-03-43, by mail at 200 North College
            Street, 3rd floor, Charlotte NC&#160; 28255-0001, attn: Prospectus Department.</font></div>
        <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;"> <br>
          </font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;"><font style="font-size: 10pt; font-family: Arial;">Scotia Capital (USA) Inc</font>. by mail at 250 Vesey Street, 24th Floor, New York, NY 10281, attn: Equity
            Capital Markets, by email at us.ecm.syndicate@scotiabank.com or by telephone at 212.225.6853.</font></div>
        <div style="text-align: justify; margin-left: 36pt;"><font style="font-size: 10pt; font-family: Arial;"> <br>
          </font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">TD Securities (USA) LLC</font> by mail at 31 W 52nd Street, New York, NY 10019 or <font style="font-size: 10pt; font-family: Arial;">by telephone at 212.827.7392.</font></div>
      </div>
      <div style="background-color: #FFFFFF;">
        <div><br>
        </div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">This news release shall not in any circumstances constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities
            in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to the registration or qualification under the applicable securities laws of any jurisdiction.</font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;"> <br>
          </font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">All dollar amounts referenced herein are in U.S. dollars unless otherwise noted.</font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;"> <br>
          </font></div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">About Algonquin Power &amp; Utilities Corp.</font></div>
        <div><br>
        </div>
      </div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">APUC is a diversified generation, transmission and distribution utility with approximately $9 billion of total assets. Through its two business groups, APUC provides
          rate regulated natural gas, water, and electricity generation, transmission, and distribution utility services to over 768,000 connections in the United States, and is committed to being a global leader in the generation of clean energy through
          ownership of or investments in long-term contracted wind, solar and hydroelectric generating facilities representing over 2 GW of installed capacity.&#160; APUC delivers continuing growth through an expanding pipeline of renewable energy, electric
          transmission, and water infrastructure development projects with a global focus, organic growth within its rate regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions. APUC&#8217;s common shares,
          Series A preferred shares and Series D preferred shares are listed on the Toronto Stock Exchange under the symbols AQN, AQN.PR.A, and AQN.PR.D. APUC&#8217;s common shares and Series A subordinated notes are also listed on the New York Stock Exchange
          under the symbols AQN and AQNA.</font></div>
      <div style="background-color: #FFFFFF;">
        <div><br>
        </div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Visit APUC at <font style="font-size: 10pt; font-family: Arial;"><u>www.algonquinpowerandutilities.com</u></font> and follow us on Twitter <font style="font-size: 10pt; font-family: Arial;"><u>@AQN_Utilities</u></font><font style="font-size: 10pt; font-family: Arial;">.</font></font></div>
        <div><br>
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        <div><img src="image00001.jpg"></div>
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      <div style="background-color: #FFFFFF;">
        <div><br>
        </div>
        <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">Caution Regarding Forward-Looking Information</font></div>
        <div><br>
        </div>
      </div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Certain statements included in this news release constitute ''forward-looking information'' within the meaning of applicable securities laws in each of the provinces
          of Canada and the respective policies, regulations and rules under such laws and ''forward-looking statements'' within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, ''forward-looking statements"). The
          words "will", &#8220;intends&#8221;, "expects", "anticipates" and similar expressions are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Specific forward-looking statements
          contained in this news release include the anticipated sale and distribution of Common Shares under the ATM Program and the volume and timing of the sale and distribution of Common Shares under the ATM Program. These statements are based on
          factors or assumptions that were applied in drawing a conclusion or making a forecast or projection, including assumptions based on historical trends, current conditions and expected future developments. Since forward-looking statements relate to
          future events and conditions, by their very nature they require making assumptions and involve inherent risks and uncertainties. APUC cautions that although it is believed that the assumptions are reasonable in the circumstances, these risks and
          uncertainties give rise to the possibility that actual results may differ materially from the expectations set out in the forward-looking statements. Material risk factors include those set out in APUC's most recent annual and interim
          management's discussion and analysis and most recent annual information form. Given these risks, undue reliance should not be placed on these forward-looking statements, which apply only as of the date hereof. Other than as specifically required
          by law, APUC undertakes no obligation to update any forward-looking statements to reflect new information, subsequent or otherwise.</font></div>
      <div><br>
      </div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial; font-weight: bold;">For Further Information:</font></div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Ian Tharp, CFA</font></div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Vice President, Investor Relations</font></div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Algonquin Power &amp; Utilities Corp.</font></div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">354 Davis Road, Oakville, Ontario, L6J 2X1</font></div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">E-mail: InvestorRelations@APUCorp.com</font></div>
      <div style="text-align: justify;"><font style="font-size: 10pt; font-family: Arial;">Telephone: (905) 465-4500</font></div>
      <div><br>
      </div>
      <div><br>
      </div>
    </div>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
