exv4w0




Exhibit
4.0



			
	COMMON STOCK 

CERTIFICATE NO.                     
	 	COMMON STOCK

SEE REVERSE FOR CERTAIN DEFINITIONS

CUSIP                     






MADISON BANCORP, INC.

INCORPORATED UNDER THE LAWS OF THE STATE OF MARYLAND




	 	 	 
	THIS CERTIFIES THAT

	 	[SPECIMEN]
	 
	 	 
	is the owner of:
	 	 






FULLY PAID AND NONASSESSABLE SHARES OF COMMON STOCK,

$0.01 PAR VALUE PER SHARE, OF MADISON BANCORP, INC.




     The shares represented by this certificate are transferable only on the stock transfer books
of Madison Bancorp, Inc. (the “Company”) 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 Company and any amendments thereto (copies of
which are on file with the Secretary of the Company), to all of which provisions the holder by
acceptance hereof, assents. This certificate is not valid until countersigned and registered by
the Company’s Transfer Agent and Registrar.



     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, MADISON BANCORP, INC. has caused this certificate to be executed by
the facsimile signatures of its duly authorized officers and has caused a facsimile of its
corporate seal to be hereunto affixed.



	 	 	 

	Dated:                                         

	 	[SEAL]
	 
	 	 
	 
	 	 





	 	 	 

	 

	 	 
	President and Chief Executive Officer

	 	Secretary






 









 






     The shares represented by this certificate are subject to a limitation contained in the
Articles of Incorporation to the effect that in no event shall any record owner of any outstanding
common stock which is beneficially owned, directly or indirectly, by a person who beneficially owns
in excess of 10% of the outstanding shares of common stock (the “Limit”) be entitled or permitted
to any vote in respect of shares held in excess of the Limit.



     The Board of Directors of the Company 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 Company 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 on any matter.



     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 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 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