Share Certificate


  Exhibit 4.2

 
 






WEST COAST REALTY INVESTORS, INC. 
 
THE SHARES OF COMMON STOCK REPRESENTED BY THIS CERTIFICATE ARE
SUBJECT TO RESTRICTIONS ON TRANSFER FOR THE PURPOSE OF THE CORPORATION’S MAINTENANCE OF ITS STATUS AS A REAL ESTATE INVESTMENT TRUST UNDER THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. NO PERSON MAY BENEFICIALLY OWN SHARES OF COMMON STOCK IN
EXCESS OF 5.0% (OR SUCH OTHER PERCENTAGE AS MAY BE DETERMINED BY THE BOARD OF DIRECTORS OF THE CORPORATION) OF THE OUTSTANDING COMMON STOCK OF THE CORPORATION, AND NO PERSON MAY CONSTRUCTIVELY OWN SHARES OF COMMON STOCK IN EXCESS OF THE ABOVE
LIMITATIONS. ANY PERSON WHO ATTEMPTS TO BENEFICIALLY OWN OR CONSTRUCTIVELY OWN SHARES OF COMMON STOCK IN EXCESS OF THE ABOVE LIMITATIONS MUST IMMEDIATELY NOTIFY THE CORPORATION. ANY TRANSFER WHICH IF EFFECTIVE WOULD CAUSE ANY PERSON TO BENEFICIALLY
OWN MORE THAN 5.0% OF THE OUTSTANDING COMMON STOCK OF THE CORPORATION (OR SUCH OTHER LIMITS AS THE BOARD OF DIRECTORS OF THE CORPORATION SHALL DETERMINE) SHALL BE VOID AB INITIO. AMONG OTHER THINGS, IF THE BOARD OF DIRECTORS DETERMINES THAT A
PURPORTED TRANSFER, IF EFFECTIVE, WOULD VIOLATE THE FOREGOING RESTRICTIONS, THE PURPORTED TRANSFEREE OF SUCH SHARES SHALL BE DEEMED TO HAVE GRANTED AN OPTION TO THE CORPORATION TO REDEEM SUCH SHARES AT A PRICE EQUAL TO THE LESSER OF: (i) THE PRICE
TO BE PAID IN THE TRANSACTION WHICH, IF EFFECTIVE, WOULD VIOLATE THE FOREGOING LIMITATIONS; OR (ii) THE FAIR MARKET VALUE OF SUCH SHARES AS OF THE DATE OF EXERCISE OF SUCH OPTION. ALL TERMS IN THIS LEGEND HAVE THE MEANINGS DEFINED IN THE
CORPORATION’S RESTATED CERTIFICATE OF INCORPORATION, AS SUCH MAY BE AMENDED FROM TIME TO TIME, A COPY OF WHICH, INCLUDING THE RESTRICTIONS ON TRANSFER, WILL BE SENT WITHOUT CHARGE TO EACH STOCKHOLDER WHO SO REQUESTS. IF THE RESTRICTIONS ON
TRANSFER ARE VIOLATED, THE SHARES OF COMMON STOCK REPRESENTED HEREBY MAY BE AUTOMATICALLY REDEEMED. 
 
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 –
  
 TEN ENT   –
  
 JT TEN       –
  





	 	 as tenants in common
  
 as tenants by the entireties
  
 as joint tenants with right of survivorship
 and not as tenants in common
	 	 	 	 UNIF GIFT/TRANSFER MIN
ACT–                            Custodian        
                
        (Cust)                              
  (Minor)
 under Uniform Gift/Transfer 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 
 
                                     
                                        
                     
 
                                     
                                        
                                        
                                        
                                        
                                        
                     
(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP 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 stock on the books of the within named Corporation with full power of substitution in the premises. 
 
Dated
                                        
         
 

	 	 	  


	 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.

	
	 SIGNATURE(S) GUARANTEED:
 

	 	  

 THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE MEDALLION PROGRAM), PURSUANT TO S.E.C.
RULE 17Ad-15.


 

	 AMERICAN BANK NOTE COMPANY
	 	 PRODUCTION COORDINATOR: BELINDA
BECK: 215-764-8619

	 55TH STREET AT SANSOM STREET
	 	 PROOF OF MARCH 17, 2003

	 PHILADELPHIA, PA 19139
	 	 WEST COAST REALTY INVESTORS, INC.

	 (215) 764-8600
	 	 H 75628 bk

	 SALES:             M.
SANDHU:             415-441-1292
	 	 OPERATOR:                         hj

	 HOME 12 / LIVE JOBS / W / WestCoast 756228
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