EXHIBIT 4.0



 Exhibit 4.0 

 

					
	COMMON STOCK	  	COMMON STOCK    
	CERTIFICATE NO. __	  	**__ SHARES**
		  	CUSIP            


NAUGATUCK VALLEY FINANCIAL CORPORATION 

ORGANIZED UNDER THE LAWS OF THE STATE OF MARYLAND 

THIS CERTIFIES THAT 
  

					
	 is the owner of:
	  	** SPECIMEN **	  	

 FULLY PAID AND NONASSESSABLE SHARES OF COMMON STOCK $0.01 PAR VALUE 

PER SHARE OF NAUGATUCK VALLEY FINANCIAL CORPORATION 

The shares represented by this certificate are transferable only on the stock transfer books of Naugatuck Valley Financial Corporation
(the “Corporation”) by the holder of record hereof, or by his duly authorized attorney or legal representative, upon the surrender of this certificate properly endorsed. This certificate and the shares represented hereby are issued and
shall be held subject to all the provisions of the Articles of Incorporation of the Corporation and any amendments thereto (copies of which are on file with the Corporate Secretary of the Corporation), to all of which provisions the holder by
acceptance hereof, assents. 
 The shares evidenced by this certificate are not of an insurable type and are not insured by
the Federal Deposit Insurance Corporation. 
 IN WITNESS WHEREOF, NAUGATUCK VALLEY FINANCIAL CORPORATION has caused
this certificate to be executed by the signatures of its duly authorized officers and has caused its corporate seal to be hereunto affixed. 

Dated: _______, 2010 

[SEAL] 
  

					
	  
	  		  	  

	 John C. Roman
 President and
Chief Executive Officer
	  		  	 Bernadette A. Mole

Corporate Secretary









 The Board of Directors of the Corporation is authorized by resolution(s), from time to time adopted, to
provide for the issuance of serial preferred stock in series and to fix and state the voting 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 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 GIFTS MIN ACT -                    custodian
                  
		  	
                  (Cust)         
              (Minor)

	TEN ENT - as tenants by the entireties	  	under Uniform Gifts to Minors Act
                                        

		  	(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 IDENTIFICATION NUMBER OF ASSIGNEE 

 

	
	  

	Please print or typewrite name and address including postal zip code of assignee.


                        
                                         
                    shares of the common stock represented by this certificate and do hereby irrevocably constitute and appoint
                                         
                                         
                                         
             , attorney, to transfer the said stock on the books of the within-named bank 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 GUARANTEED:	 	  
	 	
		 	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