Form of Certificate for 11,750 shares of Fixed Rate Perpetual Preferred Stock, Series 2008A, $10.00 par value per share, of DNB Financial Corporation

Contract Categories: Business Finance - Stock Agreements
EX-4.4 3 ex4-4.htm EXHIBIT 4.4 ex4-4.htm
 
Exhibit 4.4

 
NUMBER 0001
 
11,750 SHARES
 
CUSIP NO. 233237 205
 
SEE REVERSE FOR CERTAIN INSTRUCTIONS
 
DNB FINANCIAL CORPORATION
 
THIS CERTIFIES THAT ------- UNITED STATES DEPARTMENT OF THE TREASURY ---- is the owner of:

FULLY PAID AND NONASSESSABLE FIXED RATE CUMULATIVE PERPETUAL PREFERRED STOCK, SERIES 2008A, $10.00 PAR VALUE PER SHARE, OF
 
DNB Financial Corporation (the “Corporation”), a Pennsylvania corporation. The shares represented by this certificate are transferable only on the stock transfer books of the Corporation by the holder hereof in person or by its duly authorized attorney or other representative, upon the surrender of this certificate properly endorsed.

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 INSTRUMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE TRANSFERRED, SOLD OR OTHERWISE DISPOSED OF EXCEPT WHILE A REGISTRATION STATEMENT RELATING THERETO IS IN EFFECT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT OR SUCH LAWS. EACH PURCHASER OF THE SECURITIES REPRESENTED BY THIS INSTRUMENT IS NOTIFIED THAT THE SELLER MAY BE RELYING ON THE EXEMPTION FROM SECTION 5 OF THE SECURITIES ACT PROVIDED BY RULE 144A THEREUNDER. ANY TRANSFEREE OF THE SECURITIES REPRESENTED BY THIS INSTRUMENT BY ITS ACCEPTANCE HEREOF (1) REPRESENTS THAT IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT), (2) AGREES THAT IT WILL NOT OFFER, SELL OR OTHERWISE TRANSFER THE SECURITIES REPRESENTED BY THIS INSTRUMENT EXCEPT (A) PURSUANT TO A REGISTRATION STATEMENT WHICH IS THEN EFFECTIVE UNDER THE SECURITIES ACT, (B) FOR SO LONG AS THE SECURITIES REPRESENTED BY THIS INSTRUMENT ARE ELIGIBLE FOR RESALE PURSUANT TO RULE 144A, TO A PERSON IT REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT THAT PURCHASES FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM NOTICE IS GIVEN THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (C) TO THE ISSUER OR (D) PURSUANT TO ANY OTHER AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND (3) AGREES THAT IT WILL GIVE TO EACH PERSON TO WHOM THE SECURITIES REPRESENTED BY THIS INSTRUMENT ARE TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND.
 
IN WITNESS WHEREOF, the Corporation has caused this Certificate to be executed on its behalf by its duly authorized officers.
 
                 
Dated:  January 30, 2009
     
[SEAL]
       
         
  /s/ Gerald F. Sopp
         
  /s/ William S. Latoff
   
Secretary
         
Chairman and Chief Executive Officer
   



 
 

 

DNB FINANCIAL CORPORATION
 
The shares represented by this certificate are issued subject to all the provisions of the articles of incorporation and bylaws of  the Corporation as from time to time amended (copies of which are on file at the principal executive office of the Corporation), to all of which the holder by acceptance hereof assents.
 
The Corporation will furnish to any shareholder upon request and without charge a full statement of the powers, designations, preferences and relative, participating, optional or other special rights of each authorized class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights, to the extent that the same have been fixed, and of the authority of the board of directors to designate the same with respect to other series. Such request may be made to the Corporation or to its transfer agent and registrar.
 
KEEP THIS CERTIFICATE IN A SAFE PLACE. IF IT IS LOST, STOLEN
OR DESTROYED, THE CORPORATION WILL REQUIRE A BOND OF INDEMNITY AS A
CONDITION TO THE ISSUANCE OF A REPLACEMENT CERTIFICATE
 
The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations:
 
                 
TEN COM
 
-
  
as tenants in common
  
UNIF GIFT MIN ACT______________Custodian                 
     
  
 
  
(Custodian)                 
 
  (Minor)
TEN ENT
 
-
  
as tenants by the entireties
  
under Uniform Gifts to Minors Act of _______________                              
(State)
     
  
 
  
     
JT TEN
 
-
  
as joint tenants with right of
survivorship and not as tenants in common
  
Additional abbreviations may also be used though not in
the above list.
 
FOR VALUE RECEIVED,                                                                               HEREBY SELLS, ASSIGNS AND TRANSFERS UNTO
 

 
(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE AND SOCIAL
SECURITY OR OTHER IDENTIFYING NUMBER, OF ASSIGNEE)
 
                                 (                        ) shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series 2008A, par value $10.00 per share, of the Corporation represented by this Certificate and do hereby irrevocably constitute and appoint                                                                                     attorney to transfer the said shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series 2008A, par value $10.00 per share, on the books of the Corporation, with full power of substitution in the premises.
 
                 
Dated 
         
X                                                                             
           
NOTICE:
 
The signature to this Assignment must correspond with the name as written upon the face of this Certificate in every particular, without alteration or enlargement or any change whatsoever.