Specimen Warrant Certificate



 Exhibit 4.3 
 SUBJECT TO SECTION 9 HEREIN THIS WARRANT CERTIFICATE (I) CANNOT BE TRANSFERRED OR EXCHANGED UNTIL 60 DAYS AFTER THE EARLIER TO OCCUR OF THE EXPIRATION OF THE UNDERWRITERS’ OPTION TO PURCHASE ADDITIONAL UNITS TO COVER
OVER-ALLOTMENTS OR THE EXERCISE IN FULL OR IN PART BY THE UNDERWRITERS OF SUCH OPTION (THE “DETACHMENT DATE”) UNLESS INCLUDED WITH A SHARE OF COMMON STOCK OF CATALYTIC CAPITAL INVESTMENT CORPORATION AS PART OF A UNIT AND
(II) CANNOT BE EXERCISED IN WHOLE OR IN PART BEFORE THE LATER OF THE COMPANY’S COMPLETION OF A BUSINESS COMBINATION OR
                    , 2007. 
 EXERCISABLE ONLY IF COUNTERSIGNED BY THE WARRANT 
 AGENT AS PROVIDED HEREIN. 
 Warrant Certificate evidencing 
 Warrants to Purchase Common Stock, par value $0.0001, as
described herein. 
 CATALYTIC CAPITAL INVESTMENT CORPORATION 
  

					
	No.                     	  	CUSIP No.
                                	  	

 VOID AFTER 5:00 P.M., NEW YORK CITY TIME, 
 ON                     
    , 2010, OR UPON EARLIER REDEMPTION 
 1. This certifies that
                                    , or its registered
assigns, is the registered holder of                              warrants to purchase certain
securities (each a “Warrant”). Each Warrant entitles the holder thereof, subject to the provisions contained herein and in the Warrant Agreement (as defined below), to purchase from Catalytic Capital Investment Corporation, a
Delaware corporation (the “Company”), one share of the Company’s Common Stock (each a “Share”), at the Exercise Price set forth below. The exercise price of each Warrant (the “Exercise Price”)
shall be $6.00 initially, subject to adjustments as set forth in the Warrant Agreement (as defined below). 
 2. Subject to the terms of the Warrant
Agreement, each Warrant evidenced hereby may be exercised in whole, but not in part, at any time, as specified herein, on any Business Day (as defined below) occurring during the period (the “Exercise Period”) commencing on the
later of the Company’s completion of a Business Combination (as defined below) or                     , 2007 and ending at
5:00 P.M., New York City time, on                     , 2010 (the “Expiration Date”). Each Warrant remaining unexercised
after 5:00 P.M., New York City time on the Expiration Date shall become void, and all rights of the holder of this Warrant Certificate evidencing such Warrant shall cease. 
 3. The holder of the Warrants represented by this Warrant Certificate may exercise any Warrant evidenced hereby by delivering, not later than 5:00 P.M., New York City time, on any Business Day during the
Exercise Period to Continental Stock Transfer & Trust Company (the “Warrant Agent”, which term includes any successor warrant agent under the Warrant Agreement described below) at its corporate trust department at 17








 Battery Place, New York, NY 10004, (i) this Warrant Certificate and the Warrants to be exercised (the
“Book-Entry Warrants”) free on the records of The Depository Trust Company (the “Depository”) to an account of the Warrant Agent at the Depository designated for such purpose in writing by the Warrant Agent to the
Depository, (ii) an election to purchase (“Election to Purchase”), substantially in the form included on the reverse hereof, as applicable (A) by the holder hereof on the reverse of this Warrant Certificate or
(B) properly executed by the institution in whose account the Warrant is recorded on the records of the Depository (the “Participant”) and (iii) the Exercise Price for each Warrant to be exercised in lawful money of the
United States of America by certified or official bank check or by bank wire transfer in immediately available funds[; provided, however, that at any time after the Company has given a Redemption Notice (as defined herein), the holder hereof may, in
lieu of payment of the Exercise Price, surrender its Warrant for that number of Shares equal to the quotient obtained by dividing (x) the product of (1) the number of Shares underlying the surrendered Warrant and (2) the difference
between the Fair Market Value (defined below) and the Exercise Price, by (y) the Fair Market Value. The “Fair Market Value” shall mean the average reported last sale price of the Shares for the 10 trading days ending on the third
trading day prior to the date on which the Redemption Notice is sent to holders of the Warrants]1. If any of
(a) this Warrant Certificate or the Book-Entry Warrants, (b) the Election to Purchase, or (c) the Exercise Price therefor, is received by the Warrant Agent after 5:00 P.M., New York City, the Warrants will be deemed to be
received and exercised on the Business Day next succeeding the date such items are received and such date shall be the Exercise Date for purposes hereof. If the date such items are received is not a Business Day, the Warrants will be deemed to be
received and exercised on the next succeeding day which is a Business Day and such date shall be the Exercise Date for purposes hereof. If the Warrants to be exercised are received or deemed to be received after the Expiration Date, the exercise
thereof will be null and void and any funds delivered to the Warrant Agent will be returned to the holder as soon as practicable. In no event will interest accrue on funds deposited with the Warrant Agent in respect of an exercise or attempted
exercise of Warrants. The validity of any exercise of Warrants will be determined by the Warrant Agent in its sole discretion and such determination will be final and binding upon the holder of the Warrants and the Company. Neither the Warrant Agent
nor the Company shall have any obligation to inform a holder of Warrants of the invalidity of any exercise of Warrants. 
 As used herein,
the term “Business Day” means any day that is not a Saturday or Sunday and is not a United States federal holiday or a day on which banking institutions generally are authorized or obligated by law or regulation to close in New York
City. 
 As used herein, the term “Business Combination” shall mean the acquisition by the Company, whether by merger,
capital stock exchange, stock purchase, asset acquisition or other similar type of transaction or a combination, of any of the foregoing, of one or more operating businesses (collectively, the “Target Business”) having collectively,
a fair market value (as calculated in accordance with the requirements set forth below) of at least 80% of the Corporation’s net assets at the time of such acquisition; provided, that any acquisition of multiple operating businesses shall occur
contemporaneously with one another. For purposes of this definition, fair market value shall be determined by the Independent Directors (as defined in the Amended and Restated Certificate of Incorporation of the Company) of the Company based upon
financial standards generally accepted by the financial community, such as actual and potential sales, earnings, cash flow and book value. If the Independent Directors are not able to determine the fair market value of the Target Business, the
Company shall obtain an opinion with regard to such fair market value from an unaffiliated, independent investment banking firm that is a member of the National Association of Securities Dealers, Inc. (d/b/a NASD). 
  


	1	Bracketed text to be included in warrants included in the units issued to Russell I. Pillar, Matthew G. Pillar, Jeffrey D. Goldstein and Jonathan P. May pursuant to
the Private Placement Purchase Agreement, dated as of March 22, 2006, as amended, between the Company, and the purchasers listed on Exhibit A thereto. 








 4. Warrants may be exercised only in whole numbers of Warrants. No fractional shares of Common Stock are to be
issued upon the exercise of any Warrant, but rather the number of shares of Common Stock to be issued shall be rounded up to the nearest whole number. If fewer than all of the Warrants evidenced by this Warrant Certificate are exercised, a new
Warrant Certificate for the number of Warrants remaining unexercised shall be executed by the Company and countersigned by the Warrant Agent, as provided in Section 3.3 of the Warrant Agreement, and delivered to the holder of this Warrant
Certificate at the address specified on the books of the Warrant Agent or as otherwise specified by such Registered Holder. 
 5. This Warrant
Certificate is issued under and in accordance with the Warrant Agreement, dated as of                     , 2006 (the “Warrant
Agreement”), between the Company and the Warrant Agent and is subject to the terms and provisions contained in the Warrant Agreement, all of which terms and provisions the holder of this Warrant Certificate and the beneficial owners of the
Warrants represented by this Warrant Certificate consent to by acceptance hereof. Copies of the Warrant Agreement are on file and can be inspected at the above-mentioned office of the Warrant Agent and at the office of the Company at 100 Wilshire
Boulevard, Suite 1100, Santa Monica, CA 90401. 
 6. At any time during the Exercise Period, the Company may, at its option, redeem all (but not part)
of the then outstanding Warrants upon giving notice in accordance with the terms of the Warrant Agreement (the “Redemption Notice”), at a price of $0.01 per Warrant (the “Redemption Price”); provided, that
the last sales price of the Shares is at least $11.50 per Share, for any twenty (20) trading days within a thirty (30) trading day period ending on the third Business Day prior to the date on which the Redemption Notice is given. In the
event the Company shall elect to redeem all of the then outstanding Warrants, the Company shall fix a date for such redemption (the “Redemption Date”); provided, that such date shall occur prior to the expiration of the
Exercise Period. The Warrants may be exercised in accordance with the terms of this Agreement at any time after a Redemption Notice shall have been given by the Company; provided, however, that no Warrants may be exercised subsequent
to the expiration of the Exercise Period; provided, further, that all rights with respect to the Warrants shall cease on the Redemption Date, other than to the right to receive the Redemption Price. 
 7. The accrual of dividends, if any, on the Shares issued upon the valid exercise of any Warrant will be governed by the terms generally applicable to such
Shares. From and after the issuance of such Shares, the former holder of the Warrants exercised will be entitled to the benefits generally available to other holders of Shares and such former holder’s right to receive payments of dividends and
any other amounts payable in respect of the Shares shall be governed by, and shall be subject to, the terms and provisions generally applicable to such Shares. 
 8. The Exercise Price and the number of Shares purchasable upon the exercise of each Warrant shall be subject to adjustment as provided pursuant to Section 4 of the Warrant Agreement. 
 9. Prior to the Detachment Date, the Public Warrants and the Private Unit Warrants (as defined in the Warrant Agreement) represented by this Warrant Certificate
may only be exchanged or transferred together with the Shares to which such Warrant is attached (together, a “Unit”), and only for the purpose of effecting, or in conjunction with, an exchange or transfer of such Unit. Additionally,
each transfer of such Unit on the register of the Units shall operate also to transfer the Warrants included in such Units. Upon due presentment for registration of transfer or exchange of this Warrant Certificate at the stock transfer division of
the Warrant Agent, the Company shall execute, and the Warrant Agent shall countersign and deliver as provided in Section 5 of the Warrant Agreement, in the name of the designated transferee, one or more new Warrant Certificates of any
authorized denomination evidencing in the aggregate a like number of unexercised Warrants, subject to the limitations provided in the Warrant Agreement. 
 10. Neither this Warrant Certificate nor the Warrants evidenced hereby shall entitle the holder hereof or thereof to any of the rights of a holder of the Shares, including, without limitation, the right to receive dividends, if any,
or payments upon the liquidation, dissolution or winding up of the Company or to exercise voting rights, if any. 







 11. The Warrant Agreement and this Warrant Certificate may be amended as provided in the Warrant Agreement
including, under certain circumstances described therein, without the consent of the holder of this Warrant Certificate or the Warrants evidenced thereby. 
 THIS WARRANT CERTIFICATE AND ALL RIGHTS HEREUNDER AND UNDER THE WARRANT AGREEMENT SHALL BE GOVERNED BY AND INTERPRETED AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS
FORMED AND TO BE PERFORMED ENTIRELY WITHIN THE STATE OF NEW YORK, WITHOUT REGARD TO THE CONFLICTS OF LAW PROVISIONS THEREOF TO THE EXTENT SUCH PRINCIPLES OR RULES WOULD REQUIRE OR PERMIT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION.

 This Warrant Certificate shall not be entitled to any benefit under the Warrant Agreement or be valid or obligatory for any purpose,
and no Warrant evidenced hereby may be exercised, unless this Warrant Certificate has been countersigned by the manual signature of the Warrant Agent. 







 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 
 Dated as of
                         , 2006. 
  

			
	Catalytic Capital Investment Corporation
		
	By:	 	  

		 	Russell I. Pillar
		 	Chief Executive Officer


 Continental Stock Transfer 
 & Trust Company, 
 as Warrant Agent

  

			
	By:	 	  

		 	Authorized Officer








 [REVERSE] 
 Instructions for Exercise of Warrant 
 To exercise the Warrants evidenced hereby, the holder or
Participant must, by 5:00 P.M., New York City time on the specified Exercise Date, deliver to the Warrant Agent at its stock transfer division, a certified or official bank check payable to the Warrant Agent or a wire transfer in immediately
available funds to an account designated by the Warrant Agent, in an amount equal to the Exercise Price in full for the Warrants exercised. In addition, the Warrant holder or Participant must provide the information required below and deliver this
Warrant Certificate to the Warrant Agent at the address set forth below and the Book-Entry Warrants to the Warrant Agent in its account with the Depository designated for such purpose. The Warrant Certificate and this Election to Purchase must be
received by the Warrant Agent by 5:00 P.M., New York time, on the specified Exercise Date. 
 ELECTION TO PURCHASE 
 TO BE EXECUTED IF WARRANT HOLDER DESIRES 
 TO
EXERCISE THE WARRANTS EVIDENCED HEREBY 
 The undersigned hereby irrevocably elects to exercise, on
                    ,      (the “Exercise Date”),
                     Warrants, evidenced by this Warrant Certificate, to purchase
                         shares of the Common Stock (each a “Share”) of Catalytic Capital Investment
Corporation, a Delaware corporation (the “Company”), and represents that, on or before the Exercise Date, such holder has tendered payment for such Shares by certified or official bank check or bank wire transfer in immediately
available funds to the order of the Company c/o Continental Stock Transfer & Trust Company, 17 Battery Place, New York, New York 10004, in the amount of $             in
accordance with the terms hereof. The undersigned requests that said number of Shares be in fully registered form, registered in such names and delivered, all as specified in accordance with the instructions set forth below. 
 If said number of Shares is less than all of the Shares purchasable hereunder, the undersigned requests that a new Warrant Certificate evidencing the
remaining balance of the Warrants evidenced hereby be issued and delivered to the holder of the Warrant Certificate unless otherwise specified in the instructions below. 







 Dated:
                         ,          
 Name                                      
           

			
	                                	  	 (Please Print)

	/    /    /    / - /    /    / -
/    /    /    /    /	  	
	 (Insert Social Security
 or Other
Identifying
	  	
	Number of Holder)	  	Address ______________________________
		
		  	               ______________________________

  

					
		 	Signature	 	  


 This Warrant may only be exercised by presentation to the Warrant Agent at one of the following
locations: 
 By hand at: 17 Battery Place, New York, NY 10004 
 By mail at: 17 Battery Place, New York, NY 10004 
 The method of delivery of this Warrant Certificate is at
the option and risk of the exercising holder and the delivery of this Warrant Certificate will be deemed to be made only when actually received by the Warrant Agent. If delivery is by mail, registered mail with return receipt requested, properly
insured, is recommended. In all cases, sufficient time should be allowed to assure timely delivery. 
 (Instructions as to form and delivery
of Shares and/or Warrant Certificates) 
  

					
	 Name in which Shares are to be registered if other
 than
in the name of the registered holder of this
 Warrant Certificate:
	 	  
	 	
			
	 Address to which Shares are to be mailed if other than
 to the address of the registered holder of this Warrant
 Certificate as shown on the books of the Warrant
 Agent:
	 	  
	 	
		 	(Street Address)	 	
			
		 	  
	 	
		 	(City and State) (Zip Code)	 	
			
	 Name in which Warrant Certificate evidencing
 unexercised
Warrants, if any, are to be registered if
 other than in the name of the registered holder of this
 Warrant Certificate:
	 	  
	 	









					
	 Address to which certificate representing unexercised
 Warrants, if any, are to be mailed if other than to the
 address of the registered holder of this Warrant
 Certificate as shown on the books of the Warrant Agent:
	  	  
	  	
		  	(Street Address)	  	
			
		  	  
	  	
		  	(City and State) (Zip Code)	  	
			
		  	Dated:	  	
			
		  	  
	  	
		  	Signature	  	
		
		  	Signature must conform in all respects to the name of the holder as specified on the face of this Warrant Certificate. If Shares, or a Warrant Certificate evidencing unexercised
Warrants, are to be issued in a name other than that of the registered holder hereof or are to be delivered to an address other than the address of such holder as shown on the books of the Warrant Agent, the above signature must be guaranteed by a
an Eligible Guarantor Institution (as that term is defined in Rule 17Ad-15 of the Securities Exchange Act of 1934, as amended).

 SIGNATURE GUARANTEE 
  

			
	Name of Firm	 	  



			
	Address	 	  



			
	 Area Code
     and Number
	 	  



			
	 Authorized
     Signature
	 	  



			
	Name	 	  



			
	Title	 	  


 Dated:
                    , 20     







 ASSIGNMENT 
 (FORM OF ASSIGNMENT TO BE EXECUTED IF WARRANT HOLDER 
 DESIRES TO TRANSFER WARRANTS EVIDENCED HEREBY)

 FOR VALUE RECEIVED,
                         HEREBY SELL(S), ASSIGN(S) AND TRANSFER(S) UNTO
                                        
                                        
                                 
  

			
	__________________________________________	  	__________________________________________
	 (Please print name and address
 including zip code of
assignee)
	  	 (Please insert social security or
 other identifying
number of assignee)


 the rights represented by the within Warrant Certificate and does hereby irrevocably constitute and appoint
                     Attorney to transfer said Warrant Certificate on the books of the Warrant Agent with full power of substitution in the
premises. 
 Dated: 
  

	
	  

	Signature
	(Signature must conform in all respects to the name of the holder as specified on the face of this Warrant Certificate and must bear a signature guarantee by an Eligible Guarantor Institution
(as that term is defined in Rule 17Ad-15 of the Securities Exchange Act of 1934, as amended).


 SIGNATURE GUARANTEE 
  

			
	Name of Firm	 	  



			
	Address	 	  



			
	 Area Code
     and Number
	 	  



			
	 Authorized
     Signature
	 	  



			
	Name	 	  



			
	Title	 	  


 Dated:
                    , 20