SPECIMEN SERIES C SHARE CERTIFICATE 


	NUMBER	SHARES 


_________C


 


CIS ACQUISITION LTD.


 


INCORPORATED UNDER THE LAWS OF THE BRITISH
VIRGIN ISLANDS


 


SERIES C SHARES


 


SEE REVERSE FOR


CERTAIN DEFINITIONS


 


	THIS CERTIFIES THAT	CUSIP ____________
	 	 
	IS THE OWNER OF	 


 


FULLY PAID AND NON-ASSESSABLE SERIES
C SHARES OF


THE PAR VALUE OF $0.0001 EACH OF


CIS ACQUISITION LTD.


 


transferable in accordance with the Articles
of Association of the Company, as amended.  Capitalized terms not otherwise defined shall have the meanings assigned
to them in the Company’s Amended and Restated Memorandum and Articles of Association.  Holders of Series C Shares will
not be entitled to: (1) redeem all or a portion of such Series C Shares in connection with the Acquisition Transaction; (2) share
ratably in the Trust Account; or (3) participate in a Post-Acquisition Tender Offer.  The Series C Shares will be automatically
consolidated with all other classes of the Company’s Ordinary Shares upon consummation of the Company’s initial Acquisition
Transaction or Post-Acquisition Tender Offer, as the case may be.  The Company will be forced to liquidate if it
is unable to complete an Acquisition Transaction by ________, or if it is unable to commence or complete a Post-Acquisition Tender
Offer by ________ or _________ respectively, all as more fully described in the Company’s final prospectus dated _______,
2012. This certificate is not valid unless countersigned by the Transfer Agent and registered by the Registrar.  Witness
the seal of the Company and the facsimile signatures of its duly authorized officers.


 


Dated:


 


	 	 	 
	Chief Executive Officer	 	Secretary


 


CIS ACQUISITION LTD.


CORPORATE


SEAL 2012


BRITISH VIRGIN ISLANDS


 



    	 



    	 



    

 


CIS ACQUISITION LTD.


 


The Company will furnish without charge
to each shareholder who so requests the powers, designations, preferences and relative, participating, optional or other special
rights of each class of shares or series thereof of the Company and the qualifications, limitations, or restrictions of such preferences
and/or rights.  This certificate and the shares represented thereby are issued and shall be held subject to all the provisions
of the Amended and Restated Memorandum and Articles of Association of the Company and all amendments thereto and resolutions of
the Board of Directors providing for the issue of Series C Shares (copies of which may be obtained from the secretary of the
Corporation), to all of which the holder of this certificate by acceptance hereof assents.


 


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


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	 	 
	 	(Cust)	 	(Minor)	 
	 	under Uniform Gifts 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 share on the books of the within named Corporation will full power of substitution in the premises.


 



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	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 GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15).
	 
	The holder of this certificate shall not have any right or interest of any kind in or to the trust account.


 



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