ARCH CAPITAL GROUP LTD. RECEIPT FOR DEPOSITARY SHARES Each Representing a 1/1,000th Interest in a Share of 5.25% Non-Cumulative Preferred Shares, Series E (par value $0.01 per share) (liquidation preference $25,000 per share)

EX-4.4 5 ex4_4.htm MASTER RECEIPT FOR DEPOSITARY SHARES ex4_4.htm

 
Exhibit 4.4


 
UNLESS THIS RECEIPT IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), NEW YORK, NEW YORK, TO ARCH CAPITAL GROUP LTD. OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY RECEIPT ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO., OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
 
TRANSFERS OF THIS GLOBAL RECEIPT SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL RECEIPT SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE DEPOSIT AGREEMENT REFERRED TO BELOW.
 
IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH CERTIFICATES AND OTHER INFORMATION AS SUCH REGISTRAR AND TRANSFER AGENT MAY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS.

Certificate Number: A-1
Number of Depositary Shares: 18,000,000

ARCH CAPITAL GROUP LTD.
 
RECEIPT FOR DEPOSITARY SHARES
Each Representing a 1/1,000th Interest in a Share of
5.25% Non-Cumulative Preferred Shares, Series E
(par value $0.01 per share)
(liquidation preference $25,000 per share)

American Stock Transfer & Trust Company, LLC,  a New York limited liability trust company (the “Depositary”), hereby certifies that CEDE & CO. is the registered owner of 18,000,000 depositary shares ($450,000,000 aggregate liquidation preference) (“Depositary Shares”), each Depositary Share representing a 1/1,000th interest in a share of 5.25% Non-Cumulative Preferred Shares, Series E, $0.01 par value per share and liquidation preference of $25,000 per share of Arch Capital Group Ltd., a Bermuda public company limited by shares (the “Company”), on deposit with the Depositary, subject to the terms and entitled to the benefits of the Deposit Agreement, dated September 29, 2016 (the “Deposit Agreement”), among the Company and the Depositary, as Registrar and Transfer Agent and as Dividend Disbursing Agent and Redemption Agent (each term as defined in the Deposit Agreement) and the holders from time to time of Receipts for Depositary Shares. By accepting this Receipt, the holder hereof becomes a party to and agrees to be bound by all the terms and conditions of the Deposit Agreement. This Receipt shall not be valid or obligatory for any purpose or entitled to any benefits under the Deposit Agreement unless it shall have been executed by the Depositary by the manual or facsimile signature of a duly authorized officer or, if a Registrar in respect of the Receipts (other than the Depositary) shall have been appointed, by the manual signature of a duly authorized officer of such Registrar.
 
Dated: September 29, 2016
 
AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC, as Depositary
 
 
By:  Michael Legregin
        Name:  Michael Legregin
        Title:    Senior Vice President


 
 
 



[FORM OF REVERSE OF RECEIPT]
 
The following abbreviations when used in the instructions on the face of this receipt shall be construed as though they were written out in full according to applicable laws or regulations.

TEN COM - as tenant in common
UNIF GIFT MIN ACT
Custodian_______________________________________
                                        (Cust)                   (Minor)
 
TEN ENT - as tenants by the entireties
Under Uniform Gifts to Minors Act
 
JT TEN - as joint tenants with right of survivorship
and not as tenants in common
_______________________
(State)

 
Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
For value received, ______________________ hereby sell(s), assign(s) and transfer(s) unto
 
PLEASE INSERT SOCIAL SECURITY OR
OTHER IDENTIFYING NUMBER OF ASSIGNEE, AS APPLICABLE
 
_______________________

 
PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS
INCLUDING POSTAL ZIP CODE OF ASSIGNEE
 
_______________________

 
______________________Depositary Shares represented by the within Receipt, and do hereby irrevocably constitute and appoint
 
______________________Attorney to transfer the said Depositary Shares on the books of the within named Depositary with full power of substitution in the premises.
 
Dated
 
NOTICE:  The signature to the assignment must correspond with the name as written upon the face of this Receipt in every particular, without alteration or enlargement or any change whatever.
 
SIGNATURE GUARANTEED
 
NOTICE: The signature(s) should be guaranteed by an eligible guarantor institution (banks, stockbrokers, savings and loan associations, and credit unions with membership in an approved signature guarantee medallion program), pursuant to Rule 17Ad-15 under the Securities Exchange Act of 1934.