Exhibit 4
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NUMBER SHARES
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FIRSTBANCORPORATION, INC.
INCORPORATED UNDER THE LAWS OF THE STATE OF SOUTH CAROLINA
COMMON STOCK SEE REVERSE FOR CERTAIN DEFINITIONS
THIS CERTIFIES THAT
is the owner of
FULLY PAID AND NONASSESSABLE SHARES, $.01 PER SHARE PAR VALUE, OF THE COMMON
STOCK OF
FIRSTBANCORPORATION, INC., a South Carolina corporation. The shares represented
by this Certificate are transferable only on the books of the Corporation by the
holder hereof in person or by Attorney upon surrender of this Certificate
properly endorsed. The shares represented by this Certificate are not a deposit
or account and are not insured by the Federal Deposit Insurance Corporation or
any other government agency.
IN WITNESS WHEREOF, the said Corporation has caused this Certificate to
be executed by its duly authorized officers and its Corporate Seal to be
hereunto affixed.
SECRETARY PRESIDENT AND CHIEF EXECUTIVE OFFICER
[SEAL]
FIRSTBANCORPORATION, INC.
The shares represented by this Certificate are issued subject to all the
provisions of the Articles of Incorporation and Bylaws of FirstBancorporation,
Inc. ("Corporation") as from time to time amended (copies of which are on file
at the principal executive offices of the Corporation).
The Articles of Incorporation include provisions that generally prohibit
any person (including an individual or a company) from directly or indirectly
offering to acquire or acquiring the beneficial ownership of (i) more than
fifteen percent (15%) or more of the voting stock of the Corporation, unless
such acquisition has been approved in advance by the affirmative vote of the
holders of at least two-thirds of the outstanding shares of the voting stock or
by the affirmative vote of at least two-thirds of the Corporation's directors
then in office; (ii) more than ten percent (10%) or more of the voting stock
without obtaining in advance all regulatory approvals required under applicable
federal and state statutes; and (iii) more than ten percent (10%) or more of the
voting stock unless such acquisition has been approved in advance by a two-
thirds vote of the Corporation's directors then in office, or unless such
acquisition has received all federal and state regulatory approvals and a
complete copy of all notices, submissions and documents and other information
filed by such person with the regulatory authorities has been furnished to the
Corporation's Board of Directors.
The Board of Directors is authorized by resolution(s), from time to time
adopted, to provide for the issuance of preferred stock in series and to fix and
state the powers, designations, preferences and relative, participating,
optional or other special rights of the shares of each such series and the
qualifications, limitations and restrictions thereof. The Corporation will
furnish to any shareholder upon request and without charge a full description of
each class of stock and any series thereof.
The shares represented by this Certificate may not be cumulatively voted in
the election of directors.
The following abbreviations, when used in the inscription on the face of
this Certificate, shall be construed as through 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 under Uniform Gifts to
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(Cust) (Minor)
Minors Act
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(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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(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE OF ASSIGNEE)
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shares
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of the capital stock represented by the within Certificate, and do hereby
irrevocably constitute and appoint
Attorney,
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to transfer the said stock on the books of the within named Corporation with
full power of substitution in the premises.
Dated
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NOTICE: THE SIGNATURE(S) 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.
SIGNATURE(S) GUARANTEED
By
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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
SEC RULE 17 or 15.