Common Security Certificate between United Bancorp Capital Trust I and United Bancorporation of Alabama, Inc.

Summary

This certificate confirms that United Bancorporation of Alabama, Inc. owns 125 common securities in United Bancorp Capital Trust I, a Delaware business trust. The certificate represents a beneficial interest in the trust's assets and is governed by the Amended and Restated Trust Agreement dated June 27, 2002. The securities are subject to transfer restrictions and can only be transferred according to the terms of the Trust Agreement. The holder is entitled to the rights and benefits outlined in the agreement.

EX-4.4 7 d98338exv4w4.txt FORM OF COMMON SECURITY CERTIFICATE EXHIBIT 4.4 COMMON SECURITY CERTIFICATE THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), ANY STATE SECURITIES LAWS OR ANY OTHER APPLICABLE SECURITIES LAWS. NEITHER THIS SECURITY NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE REOFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS THE TRANSACTION IS EXEMPT FROM, OR NOT SUBJECT TO, SUCH REGISTRATION. TO THE EXTENT PERMITTED BY APPLICABLE LAW THIS CERTIFICATE IS NOT TRANSFERABLE EXCEPT IN ACCORDANCE WITH SECTION 5.10 OF THE TRUST AGREEMENT. Certificate Number ______ Number of Common Securities: One Hundred Twenty-Five (125) Certificate Evidencing Common Securities of United Bancorp Capital Trust I Common Securities United Bancorp Capital Trust I, a statutory business trust created under the laws of the State of Delaware (the "Trust"), hereby certifies that United Bancorporation of Alabama, Inc. (the "Holder") is the registered owner of One Hundred Twenty-Five (125) common securities of the Trust representing undivided common beneficial interests in the assets of the Trust and designated the Common Securities (the "Common Securities"). The designations, rights, privileges, restrictions, preferences, and other terms and provisions of the Common Securities are set forth in, and this certificate and the Common Securities represented hereby are issued and shall in all respects be subject to the terms and provisions of, the Amended and Restated Trust Agreement of the Trust effective as of June 27, 2002, as the same may be amended from time to time (the "Trust Agreement"), including the designation of the terms of the Common Securities as set forth therein. The Trust shall furnish a copy of the Trust Agreement to the Holder without charge upon written request to the Trust at its principal place of business or registered office. Upon receipt of this certificate, the Holder is bound by the Trust Agreement and is entitled to the benefits thereunder. IN WITNESS WHEREOF, one of the Administrative Trustees of the Trust has executed this certificate this 27th day of June, 2002. United Bancorp Capital Trust I By: /s/ Mitchell D. Staples Name: Mitchell D. Staples Title: Administrative Trustee United Bancorporation of Alabama, Inc. By: /s/ Robert R. Jones Name: Robert R. Jones Title: President 2