Scottish Re Group Limited Specimen Perpetual Preferred Stock Certificate

Summary

This document is a specimen stock certificate for non-cumulative perpetual preferred shares of Scottish Re Group Limited, a company incorporated in the Cayman Islands. The certificate represents ownership of fully-paid, non-assessable preferred shares with a $25 liquidation preference per share. Shares are transferable by the holder or authorized attorney upon proper endorsement and registration. The company will provide shareholders, upon request, with details about the rights and preferences of each class or series of shares. The certificate must be countersigned by the transfer agent and registrar to be valid.

EX-4.2 4 file004.htm SPECIMEN STOCK CERTIFICATE

  PERPETUAL PREFERRED PERPETUAL PREFERRED PAR VALUE $.01 THIS CERTIFICATE IS TRANSFERABLE IN NEW YORK, NY OR CHICAGO, IL CERTIFICATE SHARES NUMBER * * * * * * * * * * * - ------------- * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * SCOTTISH RE GROUP LIMITED INCORPORATED UNDER THE LAWS OF THE CAYMAN ISLANDS THIS CERTIFIES THAT -------------------------- -------------------------- CUSIP G73537 40 2 SEE REVERSE FOR CERTAIN DEFINITIONS is the owner of --------------------------- --------------------------- FULLY-PAID AND NON-ASSESSABLE NON-CUMULATIVE PERPETUAL PREFERRED SHARES WITH A LIQUIDATION PREFERENCE OF $25 PER SHARE OF SCOTTISH RE GROUP LIMITED (HEREINAFTER CALLED THE "COMPANY"), transferable on the books of the Company by the registered holder hereof 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. IN WITNESS WHEREOF, the Company has caused this Certificate to be signed by its duly authorized officers by the use of their facsimile signatures and its facsimile seal to be hereunto affixed. DATED MONTH DAY, YEAR COUNTERSIGNED AND REGISTERED: COMPUTERSHARE INVESTOR SERVICES, LLC. (CHICAGO) TRANSFER AGENT AND REGISTRAR, By___________________________________ AUTHORIZED SIGNATURE SCOTTISH RE GROUP LIMITED CORPORATE SEAL CAYMAN ISLANDS CHIEF EXECUTIVE OFFICER EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER  SCOTTISH RE GROUP LIMITED THE COMPANY 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 CLASS OF SHARES OF THE COMPANY AUTHORIZED TO BE ISSUED, OR SERIES THEREOF, AND THE QUALIFICATIONS, LIMITATIONS OR RESTRICTIONS OF SUCH PREFERENCES AND/OR RIGHTS. SUCH REQUEST MAY BE MADE TO THE COMPANY OR TO THE 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: <TABLE> TEN COM - as tenants in common UNIF GIFT MIN ACT- Custodian (Cust) (Minor) TEN ENT - as tenants by the entireties under Uniform Gifts to Minors Act (State) JT TEN - as joint tenants with right of survivorship and not as tenants in common </TABLE> Additional abbreviations may also be used though not in the above list. For value received, hereby sells, assigns and ---------------------------- transfers unto PLEASE INSERT SOCIAL SECURITY ------------------- OR OTHER IDENTIFYING NUMBER --------------------- OF ASSIGNEE --------------- - -------------------------------------------------------------------------------- (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING POSTAL ZIP CODE, OF ASSIGNEE) - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 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 Company with full power of substitution in the premises. Dated: 20 Signature: ----------------------- ------- ----------------------------- Signature(s) Guaranteed: BY: --------------------------------------------------------------------------- THE SIGNATURE(S) MUST 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. Signature: ________________________________________________________ Notice: THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME(S) AS WRITTEN UPON THE FACE OF THE CERTIFICATE, IN EVERY PARTICULAR, WITHOUT ALTERATION OR ENLARGEMENT, OR ANY CHANGE WHATEVER.