Specimen FedEx Corporation Common Stock Certificate



 Exhibit 4.8 
 [Front of Stock Certificate] 
 [FedEx Corporation Logo] 
 COMMON STOCK 
 PAR VALUE $.10 
  

			
	NUMBER	 	SHARES

 FedEx Corporation 
 INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE 
 THIS CERTIFICATE IS TRANSFERABLE IN CANTON, MA, JERSEY CITY, NJ OR NEW YORK, 
 NY 
 CUSIP 31428X 10 6

 SEE REVERSE SIDE FOR CERTAIN DEFINITIONS 
 This is to Certify that 
 is the owner of 
 FULLY PAID AND NON-ASSESSABLE SHARES OF COMMON STOCK OF 
 FedEx Corporation, transferable on the books of the Corporation by the holder hereof in person or by duly authorized attorney upon surrender of this Certificate properly endorsed. This Certificate is not valid unless
countersigned and registered by the Transfer Agent and Registrar. 
 Witness the facsimile seal of the Corporation and the facsimile
signatures of its duly authorized officers. 
 DATED: 
 [FEDEX CORPORATION CORPORATE SEAL] 
 /s/ Frederick W. Smith 
 CHAIRMAN OF THE BOARD, PRESIDENT AND CHIEF EXECUTIVE OFFICER

 /s/ Kenneth R. Masterson 
 SECRETARY 
 COUNTERSIGNED AND REGISTERED: 
 EquiServe Trust Company, N.A. 
 TRANSFER AGENT AND REGISTRAR 
 BY: 
 AUTHORIZED OFFICER 







 [Reverse of Stock Certificate] 
 FedEx Corporation 
 THE CORPORATION WILL FURNISH WITHOUT CHARGE TO EACH
STOCKHOLDER WHO SO REQUESTS THE POWERS, DESIGNATIONS, PREFERENCES AND RELATIVE, PARTICIPATING, OPTIONAL OR OTHER SPECIAL RIGHTS OF EACH CLASS OF STOCK OR SERIES THEREOF OF THE CORPORATION AND THE QUALIFICATIONS, LIMITATIONS OR RESTRICTIONS OF SUCH
PREFERENCES AND/OR RIGHTS. SUCH REQUEST MAY BE MADE TO THE OFFICE OF THE SECRETARY OF THE CORPORATION OR TO THE TRANSFER AGENT. 
 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
                                
under Uniform Gifts to Minors Act
                                

	                                         
        (Cust)                                
             (Minor)
                                         
                               (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 POSTAL 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 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 THIS CERTIFICATE IN EVERY PARTICULAR WITHOUT ALTERATION
OR ENLARGEMENT OR ANY CHANGE WHATEVER.
		
		  	THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN “ELIGIBLE GUARANTOR INSTITUTION” (WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM), PURSUANT TO RULE 17Ad-15 UNDER
THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
		
		  	SIGNATURE(S) GUARANTEED BY: