Exhibit 4.2


 


	
  NUMBER

  	
   

  	
  SHARES

  
	
  ST-1

  	
   

  	
  11,350

  



 


Fixed Rate Cumulative Perpetual Preferred
Stock, Series T, par Value $1.00 per share (“Shares”) 

of


First Community Corporation


A Corporation organized under the laws of the
state of South Carolina


 


This certifies that The United States Department of the Treasury is the owner of Eleven thousand three hundred fifty (11,350)
fully paid and non-assessable Shares of the above
Corporation transferable only on the books of the Corporation by the holder hereof
in person or by duly authorized Attorney upon surrender of this certificate
properly endorsed.


 


In Witness Whereof, the said Corporation has
caused this Certificate to be signed by its duly authorized officers and to be
sealed with the seal of the Corporation.


 


Dated  November 21, 2008


 


	
  /s/
  Authorized Signatory

  	
   

  	
  /s/
  Authorized Signatory

  
	
  Authorized
  Signatory

  	
  Authorized
  Signatory

  



 

















 


“THE SECURITIES REPRESENTED BY THIS INSTRUMENT ARE NOT
SAVINGS ACCOUNTS, DEPOSITS OR OTHER OBLIGATIONS OF A BANK AND ARE NOT INSURED
BY THE FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY.


 


THE SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”),
OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE TRANSFERRED, SOLD OR
OTHERWISE DISPOSED OF EXCEPT WHILE A REGISTRATION STATEMENT RELATING THERETO IS
IN EFFECT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN
EXEMPTION FROM REGISTRATION UNDER SUCH ACT OR SUCH LAWS. EACH PURCHASER OF THE
SECURITIES REPRESENTED BY THIS INSTRUMENT IS NOTIFIED THAT THE SELLER MAY BE
RELYING ON THE EXEMPTION FROM SECTION 5 OF THE SECURITIES ACT PROVIDED BY
RULE 144A THEREUNDER. ANY TRANSFEREE OF THE SECURITIES REPRESENTED BY THIS
INSTRUMENT BY ITS ACCEPTANCE HEREOF (1) REPRESENTS THAT IT IS A “QUALIFIED
INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT), (2) AGREES
THAT IT WILL NOT OFFER, SELL OR OTHERWISE TRANSFER THE SECURITIES REPRESENTED
BY THIS INSTRUMENT EXCEPT (A) PURSUANT TO A REGISTRATION STATEMENT WHICH
IS THEN EFFECTIVE UNDER THE SECURITIES ACT, (B) FOR SO LONG AS THE
SECURITIES REPRESENTED BY THIS INSTRUMENT ARE ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A, TO A PERSON IT REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL
BUYER” AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT THAT PURCHASES FOR ITS
OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM
NOTICE IS GIVEN THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (C) TO
THE ISSUER OR (D) PURSUANT TO ANY OTHER AVAILABLE EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND (3) AGREES THAT IT
WILL GIVE TO EACH PERSON TO WHOM THE SECURITIES REPRESENTED BY THIS INSTRUMENT
ARE TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND.”


 


THE CORPORATION IS AUTHORIZED TO ISSUE DIFFERENT CLASSES
OF SHARES AND DIFFERENT SERIES WITHIN A CLASS. ON REQUEST IN WRITING AND
WITHOUT CHARGE, THE CORPORATION WILL FURNISH THE SHAREHOLDER WITH A SUMMARY OF
THE DESIGNATIONS, RELATIVE RIGHTS, PREFERENCES, AND LIMITATIONS APPLICABLE TO
EACH CLASS AND THE VARIATIONS IN RIGHTS, PREFERENCES, AND LIMITATIONS
DETERMINED FOR EACH SERIES (AND THE AUTHORITY OF THE BOARD OF DIRECTORS TO
DETERMINE VARIATIONS FOR FUTURE SERIES).


 


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. Additional abbreviations may also
be used though not in the list.


 


	
  TEN
  COM 

  	
  —

  	
  as
  tenants in common

  	
   

  	
  UNIF
  GIFT MIN ACT —

  	
   

  	
  Custodian

  	
   

  	
  (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

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  



 


For value received, the undersigned hereby sells, assigns
and transfers unto                                                                                        


	
   

  
	
  PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS OF
  ASSIGNEE

  



 


                                                                                                                                                                                   Shares
represented by the within Certificate, and hereby irrevocably constitutes and
appoints                                                                                               Attorney
to transfer the said shares on the books of the within-named Corporation with
full power of substitution in the premises.


 


	
  Dated,

  	
   

  	
   

  



 


In presence of                                                                                                                    


 


 


	
  PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER
  OF ASSIGNEE

  
	
   

  	
   

  



 


 


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.