SPECIMEN COMMON STOCK CERTIFICATE

EX-4.2 3 a2181691zex-4_2.htm EXHIBIT 4.2

Exhibit 4.2

SPECIMEN COMMON STOCK CERTIFICATE

No.:

CUSIP No.:	SHARES

iSTAR ACQUISITION CORP.

INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE

COMMON STOCK

SEE REVERSE FOR CERTAIN DEFINITIONS

THIS CERTIFIES THAT IS THE OWNER OF FULLY PAID AND NON-ASSESSABLE SHARES OF THE PAR VALUE OF $0.0001 EACH OF THE COMMON STOCK OF iSTAR ACQUISITION CORP. TRANSFERABLE ON THE BOOKS OF THE COMPANY IN PERSON OR BY DULY AUTHORIZED ATTORNEY UPON SURRENDER OF THIS CERTIFICATE PROPERLY ENDORSED. THIS CERTIFICATE IS NOT VALID UNLESS COUNTERSIGNED BY THE TRANSFER AGENT AND REGISTERED BY THE REGISTRAR. WITNESS THE SEAL OF THE COMPANY AND THE FACSIMILE SIGNATURES OF ITS DULY AUTHORIZED OFFICERS.

DATED:

iSTAR ACQUISITION CORP.

CORPORATE

DELAWARE

SEAL

2007

By:
Chairman of the Board of Directors				Chief Executive Officer and Secretary
By:
Transfer Agent

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		under Uniform Gifts to
		of survivorship and not as		Minors Act
		tenants in common				(State)

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

iSTAR ACQUISITION CORP.

[The securities represented by this certificate have not been registered under the Securities Act of 1933, as amended (the “Act”), or the securities laws of any state or other jurisdiction, and may not be transferred in violation of such Act and laws, or an exemption from registration therefrom.

The securities represented by this certificate are subject to additional restrictions on transfer and other agreements set forth in the letter agreement dated as of [ ], as may be amended from time to time, by and among the holder, iStar Acquisition Corp. (the “Company”) and Banc of America Securities LLC. Copies of such agreement may be obtained by the holder hereof at the Company’s principal place of business without charge.]¹

The Company will furnish without charge to each stockholder who so requests 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. This certificate and the shares represented hereby are issued and shall be held subject to all the provisions of the Amended and Restated Certificate of Incorporation and all amendments thereto and resolutions of the Board of Directors providing for the issue of shares of common stock (copies of which may be obtained from the Secretary of the Company), to all of which the holder of this certificate by acceptance hereof assents.

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)

SHARES OF THE CAPITAL STOCK REPRESENTED BY THE WITHIN CERTIFICATE, AND DO HEREBY IRREVOCABLY CONSTITUTE AND APPOINT ATTORNEY TO TRANSFER THE SAID STOCK ON THE BOOKS OF THE COMPANY WITH FULL POWER OF SUBSTITUTION IN THE PREMISES.

¹ Include legend in share certificates of common stock underlying (1) the initial units, (2) the private placement units and (3) the co-investment units.

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).

The holder of this certificate shall be entitled to receive funds from the Trust Fund (as such term is defined in the Amended and Restated Certificate of Incorporation of the Company) only in the event of the Company’s liquidation upon failure to consummate its initial Business Combination (as such term is defined in the Amended and Restated Certificate of Incorporation of the Company) or if the holder seeks to convert his respective shares into cash upon a Business Combination which he voted against and which is actually completed by the Company. In no other circumstances shall the holder have any right or interest of any kind in or to the Trust Fund.