EXHIBIT 4.4


 


	
  CLASS B
  WARRANT

  	
   

  	
  VOID AFTER 5 P.M.
  PACIFIC TIME ON        , 2015

  	
   

  	
  CLASS B
  WARRANT

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  CLASS B WARRANTS TO PURCHASE COMMON STOCK

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  WARRANTS

  	
   

  	
  

  	
   

  	
  WARRANTS

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  INCORPORATED UNDER THE

  LAWS OF THE STATE

  OF DELAWARE

  	
   

  	
   

  	
   

  	
  CUSIP 785135 12 0

  SEE REVERSE FOR CERTAIN
  DEFINITIONS

  



 


THIS CERTIFIES THAT


 


 


Or registered assigns is the registered holder of


 


the
number of Class B Warrants (“Warrants”) set forth above. Each Warrant
entitles the holder thereof to purchase from S&W Seed Company, a corporation
incorporated under the laws of the State of Delaware (the “Company”), subject
to the terms and conditions set forth hereinafter and in the Warrant Agreement
between the Company and BNY Shareowner Services, LLC dated                       ,
2010 (the “Warrant Agreement”), at any time on or after                        ,
2010 and before the close of business on                         ,
2015 (“Expiration Date”), one fully paid and non-assessable share of Common
Stock, par value $0.001 per share, of the Company (“Common Stock”) upon
presentation and surrender of this Warrant Certificate, with the instructions
for the registration and delivery of Common Stock filled in, at the stock
transfer office located in Portland, Oregon of Transfer Online, Inc., Warrant
Agent of the Company (“Warrant Agent”) or of its successor warrant agent or, if
there be no successor warrant agent, at the corporate offices of the Company,
and upon payment of the Exercise Price (as defined in the Warrant Agreement)
and any applicable taxes paid either in cash, or by certified or official bank
check, payable in lawful money of the United States of America to the order of
the Company. Each Warrant initially entitles the holder to purchase one share
of Common Stock for $     . The number and kind of
securities or other property for which the Warrants are exercisable are subject
to adjustment in certain events, such as mergers, splits, stock dividends,
reverse splits and the like, to prevent dilution. The Company may, in its sole
discretion, (i) extend the Exercise Period and delay the Expiration Date
by providing not less than 10 days’ prior notice, or (ii) lower the
Exercise Price at any time prior to the Expiration Date for a period of not
less than 20 days. The Company may redeem any or all outstanding and
unexercised Warrants by giving not less than 30 days prior notice at any time
after the date on which the closing price of the Common Stock on the principal
exchange or trading facility on which it is traded has equaled or exceeded $    
on each of five consecutive trading days. The Redemption Price (as defined in
the Warrant Agreement) is $0.25 per Warrant. All Warrants not theretofore
exercised will expire on the Expiration Date.


 


This
Warrant Certificate is subject to all of the terms, provisions and conditions
of the Warrant Agreement, to all of which terms, provisions and conditions the
registered holder of this Warrant Certificate consents by acceptance hereof.
The Warrant Agreement is incorporated herein by reference and made a part
hereof and reference is made to the Warrant Agreement for a full description of
the rights, limitations of rights, obligations, duties and immunities of the
Warrant Agent, the Company and the holders of the Warrant Certificates. Copies
of the Warrant Agreement are available for inspection at the stock transfer
office of the Warrant Agent or may be obtained upon written request addressed
to the Company at S&W Seed Company, P.O. Box 235, Five Points,
California 93624, Attention: President.


 


The Company shall not be
required upon the exercise of the Warrants evidenced by this Warrant
Certificate to issue fractions of Warrants, Common Stock or other securities,
but shall make adjustment therefor as provided in the Warrant Agreement.


 


In certain cases, the sale of
securities by the Company upon exercise of Warrants may violate the securities
laws of the United States, certain states thereof or other jurisdictions. The
Company has agreed to use all commercially reasonable efforts to cause a
registration statement to continue to be effective during the term of the
Warrants with respect to such sales under the Securities Act of 1933, and to
take such action under the laws of various states as may be required to cause
the sale of securities upon exercise to be lawful. However, the Company will
not be required to honor the exercise of Warrants if, in the opinion of the
Board of Directors, upon advice of counsel, the sale of securities upon such
exercise would be unlawful. In certain cases, the Company may, but is not
required to, purchase Warrants submitted for exercise for a cash price equal to
the difference between the market price of the securities obtainable upon such
exercise and the exercise price of such Warrants.


 


This Warrant Certificate,
with or without other certificates, upon surrender to the Warrant Agent, any
successor warrant agent or, in the absence of any successor warrant agent, at
the corporate offices of the Company, may be exchanged for another Warrant
Certificate or certificates evidencing in the aggregate the same number of
Warrants as the Warrant Certificate or certificates so surrendered. If the
Warrants evidenced by this Warrant Certificate shall be exercised in part, the
holder hereof shall be entitled to receive upon surrender hereof another
Warrant Certificate or certificates evidencing the number of Warrants not so
exercised.


 


No holder of this Warrant
Certificate, as such, shall be entitled to vote, receive dividends or be deemed
the holder of Common Stock or any other securities of the Company which may at
any time be issuable on the exercise hereof for any purpose whatsoever, nor
shall anything contained in the Warrant Agreement or herein be construed to
confer upon the holder of this Warrant Certificate, as such, any of the rights
of a stockholder of the Company or any right to vote for the election of
directors or upon any matter submitted to stockholders at any meeting thereof
or give or withhold consent to any corporate action (whether upon any matter
submitted to stockholders at any meeting thereof, or give or withhold consent
to any merger, recapitalization, issuance of stock, reclassification of stock,
change of par value or change of stock to no par value, consolidation,
conveyance or otherwise) or to receive notice of meetings or other actions
affecting stockholders (except as provided in the Warrant Agreement) or to
receive dividends or subscription rights or otherwise until the Warrants
evidenced by this Warrant Certificate shall have been exercised and the Common
Stock purchasable upon the exercise thereof shall have become deliverable as
provided in the Warrant Agreement.


 


If this Warrant Certificate
shall be surrendered for exercise within any period during which the transfer
books for the Company’s Common Stock or other class of stock purchasable upon
the exercise of the Warrants evidenced by this Warrant Certificate are closed
for any purpose, the Company shall not be required to make delivery of
certificates for shares purchasable upon such transfer until the date of the reopening
of said transfer books.


 


Every holder of this Warrant
Certificate by accepting the same consents and agrees with the Company, the
Warrant Agent, and with every other holder of a Warrant Certificate that:


 


(a)           this Warrant Certificate is
transferable on the registry books of the Warrant Agent only upon the terms and
conditions set forth in the Warrant Agreement, and


 


(b)           the Company and the Warrant Agent may
deem and treat the person in whose name this Warrant Certificate is registered
as the absolute owner hereof (notwithstanding any notation of ownership or
other writing thereon made by anyone other than the Company or the Warrant
Agent) for all purposes whatsoever and neither the Company nor the Warrant
Agent shall be affected by any notice to the contrary. The Company shall not be
required to issue or deliver any certificate for shares of Common Stock or
other securities upon the exercise of Warrants evidenced by this Warrant
Certificate until any tax which may be payable in respect thereof by the holder
of this Warrant Certificate pursuant to the Warrant Agreement shall have been
paid, such tax being payable by the holder of this Warrant Certificate at the
time of surrender.


 


This Warrant Certificate
shall not be valid or obligatory for any purpose until it shall have been
countersigned by the Warrant Agent.


 


WITNESS the facsimile
seal of the Corporation and the facsimile signatures of its duly authorized
officers.


 


Dated:


 


	
  COUNTERSIGNED
  AND REGISTERED:

  BNY MELLON SHAREOWNER SERVICES, LLC

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  PRESIDENT

  
	
   

  	
   

  	
  [SEAL]

  	
   

  
	
  By:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  AUTHORIZED SIGNATURE

  	
   

  	
   

  	
  SECRETARY

  



 

















 


S&W SEED COMPANY


 


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 GIFT MIN ACT—

  	
   

  	
  Custodian

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  (Cust)

  	
   

  	
  (Minor)

  
	
  TEN ENT

  	
  —

  	
  as tenants by the entireties

  	
   

  	
  under Uniform Gifts to
  Minors Act

  
	
  JT TEN

  	
  —

  	
  as joint tenants with right

  of survivorship and not as

  tenants in common

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  (State)

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  UNIF TRF MIN ACT—

  	
   

  	
  Custodian (until

  age      )

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  (Cust)

  	
   

  	
  (Minor)

  
	
   

  	
   

  	
   

  	
   

  	
  under Uniform Transfers to
  Minors Act

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  (State)

  	
   

  
									



 


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


 


FORM OF EXERCISE


(To be signed upon exercise of a Class B Warrant)


 


To:          S&W Seed Company


 


The undersigned, pursuant
to the provisions set forth in the within Warrant Certificate, hereby
irrevocably elects to exercise the right of purchase represented thereby, and
hereby agrees to subscribe for and to purchase shares of the Common Stock of
S&W Seed Company (“Common Shares”), as provided for therein, and tenders
herewith payment of the purchase price in full in cash or by wire transfer,
check, draft, money order or certified or bank cashier’s check in the amount of
$                  .


 


Please issue a
certificate or certificates for such Common Shares in the name of the
undersigned. If the number of Common Shares purchased hereby shall not be all the
Common Shares purchasable under the within Warrant Certificate, a new Warrant
Certificate is to be issued in the name of the undersigned for the balance
remaining of the Common Shares purchasable thereunder.


 


 


	
  Name:

  	
   

  
	
  (Please Print
  Name and Address)

  
	
   

  	
   

  
	
  Address:

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  Signature(s):

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Note: This above
  signature(s) must correspond with the name on the face of this Warrant
  Certificate or with the name of the assignee appearing in the assignment form
  below.

  	
   

  
	
   

  	
   

  	
   

  
	
  Date:

  	
   

  	
   

  



 

















 


FORM OF ASSIGNMENT


(TO BE SIGNED ONLY UPON ASSIGNMENT)


 


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 POSTAL ZIP CODE, OF ASSIGNEE)





 


 




 





 




Class B Warrants represented by the within Warrant Certificate, and
do hereby irrevocably constitute and appoint





 


_____________________________________________________________________________________________
attorney to transfer this Warrant Certificate on the books of the within named
Corporation with full power of substitution in the premises.


 


	
  Dated

  	
   

  	
   

  	
   

  



 


 


	
   

  	
   

  	
  X

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  X

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  NOTICE:

  	
  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.