THE TERMS AND CONDITIONS OF THE RIGHTS OFFERING ARESET FORTH IN THE PARTNERSHIPS PROSPECTUS SUPPLEMENT DATED MAY 27, 2010(THE PROSPECTUS) AND ARE INCORPORATED HEREIN BY REFERENCE. COPIES OF THE PROSPECTUS ARE AVAILABLE UPONREQUEST FROM MORROW & CO, LLC, THE INFORMATION AGENT. Eagle Rock Energy Partners, L.P. Formed under the laws of the State of Delaware TRANSFERABLE SUBSCRIPTION RIGHTS CERTIFICATE Evidencing Transferable Subscription Rights to Purchase Common Units andWarrants of Eagle Rock Energy Partners, L.P. SubscriptionPrice: $2.50 THE SUBSCRIPTION RIGHTS WILL EXPIRE IF NOT EXERCISED ON OR BEFORE5:00 P.M., NEW YORK CITY TIME, ON JUNE 30, 2010, UNLESS EXTENDED BY THEPARTNERSHIP CUSIP 26985R112
Exhibit 4.2
RIGHTS CERTIFICATE #: | NUMBER OF RIGHTS: |
THE TERMS AND CONDITIONS OF THE RIGHTS OFFERING ARE SET FORTH IN THE PARTNERSHIPS PROSPECTUS SUPPLEMENT DATED MAY 27, 2010 (THE PROSPECTUS) AND ARE INCORPORATED HEREIN BY REFERENCE. COPIES OF THE PROSPECTUS ARE AVAILABLE UPON REQUEST FROM MORROW & CO, LLC, THE INFORMATION AGENT.
Eagle Rock Energy Partners, L.P.
Formed under the laws of the State of Delaware
TRANSFERABLE SUBSCRIPTION RIGHTS CERTIFICATE
Evidencing Transferable Subscription Rights to Purchase Common Units and Warrants
of Eagle Rock Energy Partners, L.P.
Subscription Price: $2.50
THE SUBSCRIPTION RIGHTS WILL EXPIRE IF NOT EXERCISED ON OR BEFORE 5:00 P.M., NEW YORK CITY TIME, ON JUNE 30, 2010, UNLESS EXTENDED BY THE PARTNERSHIP
CUSIP 26985R112
REGISTERED
OWNER:
THIS CERTIFIES THAT the registered owner whose name is inscribed hereon is the owner of the number of transferable subscription rights (Rights) set forth above. Each whole Right entitles the holder thereof to subscribe for and purchase (i) one common unit of Eagle Rock Energy Partners, L.P., a Delaware limited partnership, and (ii) one warrant to purchase a common unit ((i) and (ii) together, a Unit), at a subscription price of $2.50 (the Basic Subscription Privilege), pursuant to a rights offering (the Rights Offering), on the terms and subject to the conditions set forth in the Prospectus and the Instructions as to Use of Eagle Rock Energy Partners, L.P. Subscription Rights Certificates accompanying this Subscription Rights Certificate. If any Units available for purchase in the Rights Offering are not purchased by other holders of Rights pursuant to the exercise of their Basic Subscription Privilege (the Excess Units), any Rights holder may subscribe for an additional number of Excess Units pursuant to the terms and conditions of the Rights Offering, subject to proration, as described in the Prospectus (the Over-Subscription Privilege). The Rights represented by this Subscription Rights Certificate may be exercised by completing Form 1 and any other appropriate forms on the reverse side hereof and by returning the full payment of the subscription price for each Unit in accordance with the Instructions as to Use of Eagle Rock Energy Partners, L.P. Subscription Rights Certificates that accompany this Subscription Rights Certificate.
This Subscription Rights Certificate is not valid unless countersigned by the subscription agent and registered by the registrar.
Witness the signatures of Eagle Rock Energy Partners, L.P.s duly authorized officers.
Dated:
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Chief Executive Officer |
| Senior Vice President, |
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| COUNTERSIGNED AND REGISTERED: | |
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| AMERICA STOCK TRANSFER & TRUST COMPANY, LLC | |
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| (New York, N.Y.) | TRANSFER AGENT |
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| AND REGISTRAR |
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| By: | ||
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| AUTHORIZED SIGNATURE |
DELIVERY OPTIONS FOR SUBSCRIPTION RIGHTS CERTIFICATE
Delivery other than in the manner or to the addresses listed below will not constitute valid delivery.
If delivering by hand: | If delivering by mail or overnight courier: |
PLEASE PRINT ALL INFORMATION CLEARLY AND LEGIBLY
FORM 1-EXERCISE OF SUBSCRIPTION RIGHTS
To subscribe for Units (each Unit consisting of one common unit and one warrant) pursuant to your Basic Subscription Right, please complete lines (a) and (c) and sign under Form 4 below. To subscribe for Units pursuant to your Over-Subscription Right, please also complete line (b) and sign under Form 4 below. To the extent you subscribe for more Units than you are entitled under the Basic Subscription Right, you will be deemed to have elected to purchase the maximum number of Units for which you are entitled to subscribe under the Basic Subscription Right.
(a) EXERCISE OF BASIC SUBSCRIPTION RIGHT:
I apply for Units | x $ 2.50 | = $ |
(no. of new Units) | (subscription price) | (amount enclosed) |
(b) EXERCISE OF OVER-SUBSCRIPTION RIGHT
If you wish to subscribe for additional Units pursuant to your Over-Subscription Right:
I apply for Units | x $ 2.50 | = $ |
(no. of new Units) | (subscription price) | (amount enclosed) |
NOTE: ANY PRORATION FOR OVER-SUBSCRIPTION RIGHTS WILL BE CALCULATED BASED ONLY ON THE NUMBER OF BASIC SUBSCRIPTION RIGHTS EXERCISED HEREIN AND WILL NOT INCLUDE ANY OTHER BASIC SUBSCRIPTION RIGHTS EXERCISED BY SUCH HOLDER
(c) Total Amount of Payment Enclosed = $
METHOD OF PAYMENT (CHECK ONE)
¨ Check or bank draft payable to American Stock Transfer & Trust Company, LLC, as Subscription Agent, FBO Eagle Rock Energy Partners, L.P.
¨ Wire transfer of immediately available funds directly to the account maintained by American Stock Transfer & Trust Company, LLC, as Subscription Agent, for purposes of accepting subscriptions in this Rights Offering at JPMorgan Chase Bank, 55 Water Street, New York, New York 10005, ABA #021000021, Account # 530-354616 American Stock Transfer FBO Eagle Rock Energy Partners, L.P., with reference to the rights holders name.
FORM 2-TRANSFER TO DESIGNATED TRANSFEREE
To transfer your Rights to another person, complete this Form 2 and have your signature guaranteed under Form 5.
For value received of the Rights represented by this Subscription Rights Certificate are assigned to:
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Social Security # |
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Signature(s): |
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IMPORTANT: The signature(s) must correspond with the name(s) as printed on the reverse of this Subscription Rights Certificate in every particular, without alteration or enlargement, or any other change whatsoever.
FORM 3-DELIVERY TO DIFFERENT ADDRESS
If you wish for the common units and warrants underlying your subscription rights a certificate representing unexercised subscription rights or the proceeds of any sale of subscription rights, to be delivered to an address different from that shown on the face of this Subscription Rights Certificate, please enter the alternate address below, sign under Form 4 and have your signature guaranteed under Form 5.
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FORM 4-SIGNATURE
TO SUBSCRIBE: I acknowledge that I have received the Prospectus for this Rights Offering and I hereby irrevocably subscribe for the number of Units indicated above on the terms and conditions specified in the Prospectus.
Signature(s): |
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IMPORTANT: The signature(s) must correspond with the name(s) as printed on the reverse of this Subscription Rights Certificate in every particular, without alteration or enlargement, or any other change whatsoever.
FORM 5-SIGNATURE GUARANTEE
This form must be completed if you have completed any portion of Forms 2 or 3.
Signature Guaranteed: |
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By: |
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| (Signature of Officer) | |
IMPORTANT: The signature(s) should be guaranteed by an eligible guarantor institution (bank, stock broker, savings & loan association or credit union) with membership in an approved signature guarantee medallion program pursuant to Securities and Exchange Commission Rule 17Ad-15.
FOR INSTRUCTIONS ON THE USE OF EAGLE ROCK ENERGY PARTNERS, L.P. SUBSCRIPTION RIGHTS CERTIFICATES, CONSULT MORROW & CO., LLC, THE INFORMATION AGENT, AT ###-###-####.