W Holding Company, Inc. Series F Preferred Stock Certificate (6.70% Noncumulative Monthly Income, 2003)
This document is a specimen certificate for shares of Series F Preferred Stock issued by W Holding Company, Inc., a Puerto Rico corporation. The certificate represents ownership of fully paid, non-assessable shares with a 6.70% noncumulative monthly income dividend, a par value of $1.00 per share, and a liquidation preference of $25.00 per share. Shares are transferable on the company’s books by the holder or authorized representative. The certificate is subject to the company’s Certificate of Incorporation and Bylaws, and details about stock rights are available upon request.
Exhibit 4.2
[FORM OF PREFERRED STOCK CERTIFICATE]
SERIES F PREFERRED STOCK SERIES F PREFERRED STOCK NUMBER SHARES -SPECIMEN- - -SPECIMEN-
W HOLDING COMPANY, INC.
INCORPORATED UNDER THE LAWS OF THE COMMONWEALTH OF PUERTO RICO
6.70% NONCUMULATIVE MONTHLY INCOME PREFERRED STOCK, 2003 SERIES F
| SEE REVERSE SIDE FOR CERTAIN |
| LEGENDS |
| CUSIP No. 929251 70 0 |
THIS CERTIFIES THAT: -SPECIMEN-
is the owner of -SPECIMEN-
Fully Paid and Non-Assessable Shares of 6.70% Noncumulative Monthly Income Preferred Stock,
2003 Series F, Par Value $1.00 Per Share, Liquidation Preference $25.00 Per Share, of
W HOLDING COMPANY, INC., (the “Corporation”) a Puerto Rico corporation with its principal executive office located in Mayaguez, Puerto Rico. This Certificate is not valid unless countersigned by the Transfer Agent and Registrar. The shares represented by this Certificate are transferable only on the stock transfer books of the Corporation by the holder of record hereof or by his or her duly authorized attorney or legal representative, upon surrender of this Certificate properly endorsed.
IN WITNESS WHEREOF, the Corporation has caused this Certificate to be executed by the signatures of its duly authorized officers and its facsimile seal to be affixed hereto.
Dated: W HOLDING COMPANY, INC. BY: [SEAL] SECRETARY CHAIRMAN OF THE BOARD PRESIDENT AND CHIEF EXECUTIVE OFFICER
Countersigned and Registered:
_____________________
Transfer Agent and Registrar
_____________________
Authorized Signature
W HOLDING COMPANY, INC.
The shares represented by this Certificate are issued subject to all the provisions of the Certificate of Incorporation and Bylaws of W Holding Company, Inc. (the “Corporation”), as amended from time to time (copies of which are on file at the principal executive office of the Corporation), to all of which the holder by acceptance hereof assents.
The Corporation is authorized to issue more than one class or series of stock. The Corporation will furnish to any stockholder, upon request and without charge, a list of the powers, designations, preferences and relative, participation, optional or other special rights of each authorized class of stock or series thereof and the conditions, limitations or restrictions of such preferences and/or rights. Such request may be made to the Corporation at is principal executive office.
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 _____________ (Cust.) (Minor)
TEN ENT - as tenants by the under Uniform Gifts to Minors Act _________________ entireties (State)
JT TEN - as joint tenants with right of survivorship and not as tenants in common
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 TYPE NAME AND ADDRESS INCLUDING POSTAL 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 shares on the books of the Corporation with full power of substitution in the premises.
Dated: ______________
_______________
NOTICE: __________________________________
THE SIGNATURE(S) TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE CERTIFICATE IN EVERY PARTICULAR, WITHOUT ALTERATION OR ENLARGEMENT.
