Community First Bancorporation Series A Preferred Stock Certificate

Summary

This certificate represents ownership of shares in the Fixed Rate Cumulative Perpetual Preferred Stock, Series A, issued by Community First Bancorporation. The shares are fully paid, nonassessable, and can only be transferred on the corporation's books with proper endorsement. The certificate outlines restrictions on transfer, including compliance with securities laws, and clarifies that the shares are not insured by government agencies. Key terms and shareholder rights are detailed in the corporation's Articles of Incorporation, available upon request.

EX-4.2 3 cfb8-k09ex4_2.txt FORM OF PREFERRED STOCK CERTIFICATE (SERIES A) Exhibit 4.2 TRANSFER RESTRICTED - SEE REVERSE SIDE NUMBER SHARES A-xxx **xxxx** FIXED RATE CUMULATIVE PERPETUAL PREFERRED STOCK, SERIES A Community First Bancorporation ORGANIZED UNDER THE LAWS OF SOUTH CAROLINA This certifies that _____________________________________is the owner of ***_______________*** shares of the Fixed Rate Cumulative Perpetual Preferred Stock, Series A, no Par Value, of Community First Bancorporation, fully paid and nonassessable transferable only on the books of the Corporation by the holder hereof in person or by duly authorized attorney upon surrender of this certificate properly indorsed. A full statement of the designations, preferences, limitations, and relative rights of the shares of each class of stock authorized to be issued by the Corporation, and the variations in the relative rights and preferences between the shares of each series of preferred stock which the Corporation is authorized to issue, so far as the same have been fixed and determined, and the authority, if any, of the Corporation's board of directors to fix and determine the relative rights and preferences of other series of preferred stock is set forth in the Articles of Incorporation of the Corporation, as amended. Copies of such Articles of Incorporation may be obtained by any shareholder upon request, without charge, from the office of the Corporation. In witness whereof, the said Corporation has caused this Certificate to be signed by its duly authorized officers and its facsimile seal to be hereunto affixed. Dated: ------------------------- [SEAL] - ----------------------------------- ------------------------------- Secretary President COMMUNITY FIRST BANCORPORATION Fixed Rate Cumulative Perpetual Preferred Stock, Series A COMMUNITY FIRST BANCORPORATION Fixed Rate Cumulative Perpetual Preferred Stock, Series A THE SECURITIES REPRESENTED BY THIS INSTRUMENT ARE NOT SAVINGS ACCOUNTS, DEPOSITS OR OTHER OBLIGATIONS OF A BANK AND ARE NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY. THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER ANY SECURITIES LAWS AND THE TRANSFERABILITY OF SUCH SECURITIES IS RESTRICTED. SUCH SECURITIES MAY NOT BE SOLD, ASSIGNED, OR TRANSFERRED, NOR WILL ANY ASSIGNEE, VENDEE, TRANSFEREE, OR ENDORSEE THEREOF BE RECOGNIZED AS HAVING ACQUIRED ANY SUCH SECURITIES BY THE ISSUER FOR ANY PURPOSES, UNLESS (1) A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, WITH RESPECT TO SUCH SECURITIES SHALL THEN BE IN EFFECT AND SUCH TRANSFER HAS BEEN QUALIFIED UNDER ALL APPLICABLE STATE SECURITIES LAWS, OR (2) THE AVAILABILITY OF AN EXEMPTION FROM SUCH REGISTRATION AND QUALIFICATION SHALL BE ESTABLISHED TO THE SATISFACTION OF COUNSEL TO THE CORPORATION. NOTICE. THE SIGNATURE ON THE ASSIGNMENT MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THIS CERTIFICATE IN EVERY PARTICULAR. IF SIGNED BY AN OFFICER OR AGENT, THE AUTHORITY OF THE SIGNER MUST BE SHOWN. FOR VALUE RECEIVED, hereby sell, assign and transfer unto ----------------------------------------------------------------------- (Please print or typewrite name and address of Assignee) ----------------------------------------------------------------------- ----------------------------------------------------- (Social security or other taxpayer identifying number of assignee) the shares represented by the within Certificate, and do hereby irrevocably constitute and appoint Attorney to transfer ------------------------------------ the said Shares on the books of the within named Corporation with full power of substitution in the premises. Dated , 20 . X ---------------- -- ---------------------------------- X ----------------------------------