Exhibit 4.7
NUMBER UNITS
NORTH ATLANTIC ACQUISITION CORP.
INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE CUSIP
SEE RERVERSE SIDE FOR
CERTAIN DEFINITIONS
THIS CERTIFIES THAT
for value received
(the "Registered Holder") is the owner of the number of Units specified above,
transferable only on the books of North Atlantic Acquisition Corp. (the
"Corporation") by the Registered Holder thereof in person or by his or her duly
authorized attorney, on surrender of this Unit Certificate properly endorsed.
Each Unit consists of one (1) share of the Corporation's Class A Common Stock,
par value $.01 per share (the "Class A Stock"), and one (1) redeemable Class A
Common Stock purchase warrant (the "Warrants") to purchase one (1) share of
Class A Common Stock for $9.00 per share (subject to adjustment) at any time on
or after the consummation of a Business Combination by the Corporation and
before 5:00 P.M. New York time on July 2, 2002, (the "Expiration Date"). The
terms of the Warrants are governed by a Warrant Agreement dated as of
(the "Warrant Agreement") between the Company and American Stock
Transfer & Trust Company, as Warrant Agent (the "Warrant Agent"), and re subject
to the terms and provisions contained therein, all of which terms and provisions
the Registered Holder of this Unit Certificate consents to by acceptance hereof.
Copies of the Warrant Agreement are on file at the office of the Corporation and
are available to any Registered Holder on written request and without cost. The
Warrant shall be void unless exercised before 5:00 P.M., New York time, on the
Expiration Date.
This certificate is not valid unless countersigned and registered by the
Transfer Agent, Warrant Agent, Warrant Agent and Registrar of the Corporation.
The Warrants and the shares of Class A Common Stock of the Corporation
represented by this Unit Certificate shall be nondetachable and not separately
transferable until such date as shall be determined by H.J. Meyers & Co., Inc.
(the "Separation Date").
IN WITNESS WHEREOF, the Corporation has caused this Unit Certificate to be duly
executed, manually or by facsimile, by two of its officers thereunto duly
authorized and a facsimile of its corporate seal to be imprinted herein.
Dated:
By: By:
[1995 DELAWARE NORTH ATLANTIC ACQUISITION CORP. CORPORATE SEAL]
Secretary David J. Mitchell, Chairman and Chief Executive Officer
Countersigned and Registered:
AMERICAN STOCK TRANSFER & TRUST COMPANY
By Transfer Agent
Warrant Agentand Registrar
Authorized Officer
North Atlantic Acquisition Corp.
This certificate certifies that for value received the Registered Holder
hereby is entitled, at and after such time, as H.J. Meyers & Co., Inc. may
determine that the Class A Common Stock and the Class A Warrants, which
comprise the Units, shall be separately transferable (the "Separation Date")
to exchange each Unit represented by this Unit Certificate for Class A Common
Stock certificates representing one share of Class A Common Stock and one
Class A Warrant Certificate representing one Class A Warrant upon surrender
of this Unit Certificate to the Transfer Agent at the office of the Transfer
Agent together with any documentation required by such 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 ...........
(Cust) (Minor)
TEN ENT - as tenants by the entireties under Uniform Gifts to Minors
JT TEN - as joint tenants with right Act ..........................
of survivorship and not as (State)
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 TYPEWRITE NAME AND ADDRESS INCLUDING 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 corporation with
full power of substitution in the premises.
Dated: ___________________
________________________________________________________
NOTICE: THE ABOVE SIGNATURE SHOULD CORRESPOND EXACTLY WITH THE
NAME ON THE FACE OF THIS UNIT CERTIFICATE OR WITH THE
NAME OF THE ASSIGNEE APPEARING IN THE ASSIGNMENT FORM
ABOVE AND MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR
INSTITUTION WITH MEMBERSHIP IN AN APPROVED SIGNATURE
GUARANTEE MEDALLION PROGRAM.