International Shipping Enterprises, Inc.

EX-4.1 2 a2144646zex-4_1.htm EXHIBIT 4.1

Exhibit 4.1

 

 

NUMBER

 

UNITS

 

 

 

 

U-

 

 

 

 

 

 

 

 

 

SEE REVERSE FOR
CERTAIN DEFINITIONS

INTERNATIONAL SHIPPING ENTERPRISES, INC.

 

 

 

CUSIP

 

UNITS CONSISTING OF ONE SHARE OF COMMON STOCK AND TWO WARRANTS EACH TO PURCHASE ONE SHARE OF COMMON STOCK

 

THIS CERTIFIES THAT                                                                                                                                               is the owner of                                                                                                                                                                           &nb sp;       Units.

 

Each Unit (“Unit”) consists of one (1) share of common stock, par value $.0001 per share (“Common Stock”), of International Shipping Enterprises, Inc., a Delaware corporation (the “Company”), and two warrants (the “Warrants”).  Each Warrant entitles the holder to purchase one (1) share of Common Stock for $5.00 per share (subject to adjustment).  Each Warrant will become exercisable on the later of (i)  the Company's completion of a merger, capital stock exchange, asset acquisition or other similar business combination or (ii)                    , 2005 and will expire unless exercised before 5:00 p.m., New York City Time, on                  , 2008, or earlier upon redemption (the “Expiration Date”).  The Common Stock and Warrants comprising the Units represented by this certificate are not transferable separately prior to                    , 2004, subject to earlier separation in the discretion of Sunrise Securities Corp.  The terms of the Warrants are governed by a Warrant Agreement, dated as of                    , 2004, between the Company and Continental Stock Transfer & Trust Company, as Warrant Agent, and are subject to the terms and provisions contained therein, all of which terms and provisions the holder of this certificate consents to by acceptance hereof.  Copies of the Warrant Agreement are on file at the office of the Warrant Agent at 17 Battery Place, New York, New York 10004, and are available to any Warrant holder on written request and without cost.

 

This certificate is not valid unless countersigned by the Transfer Agent and Registrar of the Company.

 

Witness the facsimile seal of the Company and the facsimile signature of its duly authorized officers.

 

By

International Shipping Enterprises, Inc.

 

 

CORPORATE

 

 

 

DELAWARE

 

 

Chairman of the Board

SEAL

Secretary

 

2004

 

 



 

International Shipping Enterprises, Inc.

 

The Company will furnish without charge to each stockholder who so requests, a statement of the powers, designations, preferences and relative, participating, optional or other special rights of each class of stock or series thereof of the Company and the qualifications, limitations, or restrictions of such preferences and/or rights.

 

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

 

TEN ENT

as tenants by the entireties

 

 

(Cust)

 

(Minor)

JT TEN

as joint tenants with right of survivorship

 

under Uniform Gifts to Minors

 

 

 

and not as tenants in common

 

Act

 

 

 

 

 

 

 

(State)

 

 

 

Additional Abbreviations may also be used though not in the above list.

 

For value received,                                                         hereby sell, assign and transfer unto

 

PLEASE INSERT SOCIAL SECURITY OR OTHER

 

IDENTIFYING NUMBER OF ASSIGNEE

 

 

 

 

(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)

 

 

Units

 

represented by the within Certificate, and do hereby irrevocably constitute and appoint

 

                                                                                                                                             Attorney to transfer the said Units on the books of the within named Company will full power of substitution in the premises.

 

Dated

 

 

 

 

 

 

 

 

Notice:

 

The signature to this assignment must correspond with the name as written upon the face of the certificate in every particular, without alteration or enlargement or any change whatever.

 

Signature(s) Guaranteed:

 

 

 

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 S.E.C. RULE 17Ad-15).