SPECIMEN UNIT CERTIFICATE
NUMBER UNITS
U-
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SEE REVERSE FOR
CERTAIN
DEFINITIONS
VECTOR INTERSECT SECURITY ACQUISITION CORP.
CUSIP
UNITS CONSISTING OF ONE SHARE OF COMMON STOCK AND ONE WARRANT
EACH TO PURCHASE ONE SHARE OF COMMON STOCK
THIS CERTIFIES
THAT ---------------------------------------------------------
is the owner
of ----------------------------------------------------- Units.
Each Unit ("Unit") consists of one (1) share of common stock, par value $.001
per share ("Common Stock"), of Vector Intersect Security Acquisition Corp., a
Delaware corporation (the "Company"), and one warrant (the "Warrant"). Each
Warrant entitles the holder to purchase one (1) share of Common Stock for $6.00
per share (subject to adjustment). Each Warrant will become exercisable on the
later of (i) the Company's completion of a business combination with a target
business or (ii) ______________, 2006 and will expire unless exercised before
5:00 p.m., New York City Time, on ____________, 2010, or earlier upon redemption
(the "Expiration Date"). The Common Stock and Warrant comprising the Units
represented by this certificate will trade separately on the 20th trading day
following the earlier to occur of the expiration of the underwriter's
over-allotment option or its exercise in full; provided, however, in no event
will the representative of the underwriters allow separate trading of the common
stock and warrants until the Company files an audited balance sheet reflecting
the Company's receipt of the gross proceeds of the offering. The terms of the
Warrants are governed by a Warrant Agreement, dated as of _______, 2005, between
the Company and American 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 59 Maiden Lane, New York, New York 10038, 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
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Chairman of the Board Secretary
VECTOR INTERSECT SECURITY ACQUISITION CORP.
CORPORATE
SEAL
2005
DELAWARE
VECTOR INTERSECT SECURITY ACQUISITION CORP.
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
TEN ENT - as tenants by the entireties
JT TEN - as joint tenants with right of survivorship
and not as tenants in common
UNIF GIFT MIN ACT - Custodian
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(Cust) (Minor)
under Uniform Gifts to Minors
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
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- ---------------------------------------
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(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)
2
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Units
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represented by the within Certificate, and do hereby irrevocably constitute and
appoint
Attorney
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to transfer the said Units on the books of the within named Company will full
power of substitution in the premises.
Dated
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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.
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Signature(s) Guaranteed:
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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).
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