Company: EMICF
Filing Date: 2025-12-05
Form Type: F-10EF
Source: 0000950103-25-015822
Chunk: 15

Company: EMERA INC
Filing Date: 2025-12-05
Form: F-10EF
Chunk 15
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allowed or re-allowed or paid may be changed from time to time.

The Common Shares may also
be sold directly by us in accordance with applicable securities laws at prices and upon terms agreed to by the purchaser and us, or through
agents designated by us, from time to time. Any agent involved in the offering and sale of the Common Shares pursuant to a
particular Prospectus Supplement will be named, and any commissions payable by us to that agent will be set forth, in such Prospectus
Supplement. Unless otherwise indicated in the Prospectus Supplement, any agent would be acting on a best efforts basis for the period
of its appointment.

In connection with the sale
of the Common Shares, underwriters, dealers or agents may receive compensation from us in the form of commissions, concessions or discounts.
Any such commissions may be paid out of our general funds or the proceeds of the sale of Common Shares. Under agreements which may be
entered into by us, underwriters, dealers and agents who participate in the distribution of Common Shares may be entitled to indemnification
by us against certain liabilities, including liabilities under securities legislation, or to contribution with respect to payments which
such underwriters, dealers or agents may be required to make in respect thereof. Those underwriters, dealers and agents may be customers
of, engage in transactions with or perform services for us in the ordinary course of business.

Subject to applicable laws,
in connection with any offering of Common Shares, other than an “at-the-market distribution”, the underwriters, dealers or
agents may over-allot or effect transactions which stabilize or maintain the market price of the Common Shares at levels other than those
which may prevail on the open market. Such transactions, if commenced, may be interrupted or discontinued at any time. A purchaser
who acquires Common Shares forming part of the underwriters’, dealers’ or agents’ over-allocation position acquires
those Common Shares under this Prospectus, regardless of whether the over-allocation position is ultimately filled through the existence
of the over-allotment option or secondary market purchases.

No dealer or agent of an at-the-market
distribution, and no person or company acting jointly or in concert with a dealer or agent, may, in connection with the distribution,
enter into any transaction that is intended to stabilize or maintain the market price of the Common Shares, including selling an aggregate
number or principal amount of securities that would result in the dealer or agent creating an over-allocation position in the securities.

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