Unassociated Document


     

    
      	
              NUMBER

            	 	
              UNITS

            
	 	 	 
	
              U-__________

            	 	 
	 	 	 
	
              SEE
                REVERSE FOR
CERTAIN DEFINITIONS

            	
              GLOBAL
                ALTERNATIVE ASSET MANAGEMENT, INC.

            	 


    

     

    CUSIP
      37949C 208

    


    UNITS
      CONSISTING OF ONE SHARE OF COMMON STOCK AND ONE WARRANT EACH TO PURCHASE ONE
      SHARE OF COMMON STOCK

    


    THIS
      CERTIFIES THAT
      ______________________________________________________________________________________________

    


    is
      the
      owner of
      _______________________________________________________________________________________________________
      Units.

    


    Each
      Unit
      (“Unit”) consists of one (1) share of common stock, par value $.0001 per share
      (“Common Stock”), of Global Alternative Asset Management, Inc., a Delaware
      corporation (the “Company”), and one warrant (the “Warrant(s)”). Each full
      Warrant entitles the holder to purchase one (1) share of Common Stock for $7.50
      per share (subject to adjustment). Each Warrant will become exercisable on
      the
      later of (i) six months after the Company’s completion of a merger, capital
      stock exchange, asset acquisition or other similar business combination and
      (ii)
      ___________, 2008, and will expire unless exercised before 5:00 p.m., New York
      City Time, on ____________, 2012, or earlier upon redemption (the “Expiration
      Date”). The Common Stock and Warrants comprising the Units represented by this
      certificate are not transferable separately prior to __________, 2007, subject
      to earlier separation in the discretion of EarlyBirdCapital, Inc. The terms
      of
      the Warrants are governed by a Warrant Agreement, dated as of _______, 2007,
      between the Company and Continental Stock Transfer & Trust Company, as
      Warrant Agent, and are subject to the terms and provisions contained therein,
      all of which terms and provisions the holder of this certificate consents to
      by
      acceptance hereof. Copies of the Warrant Agreement are on file at the office
      of
      the Warrant Agent at 17 Battery Place, New York, New York 10004, and are
      available to any Warrant holder on written request and without cost.


    This
      certificate is not valid unless countersigned by the Transfer Agent and
      Registrar of the Company.

    Witness
      the facsimile seal of the Company and the facsimile signatures of its duly
      authorized officers.

    


     

    
      	 	 	 	 	 
	By	 	
               

            	 	 
	 	
              
Chairman
              of the Board	 	 	
              
Secretary


    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Global
      Alternative Asset Management, Inc. 

     

    The
      Company will furnish without charge to each stockholder who so requests, a
      statement of the powers, designations, preferences and relative, participating,
      optional or other special rights of each class of stock or series thereof of
      the
      Company and the qualifications, limitations, or restrictions of such preferences
      and/or rights. 

     

    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 _____
	TEN ENT -	 	as tenants by the entireties	 	 	 	(Cust)      (Minor)
	JT TEN -	 	as joint tenants with right of survivorship
              and not as tenants in common	 	 	 	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)

     

    
      

    

    
       

      
        

      

       

      
        

      

    

    
      Unitsrepresented
        by the within Certificate, and do hereby irrevocably constitute and
        appoint

    

    
       

      
        

      

    

    Attorney
      to
      transfer the said Units on the books of the within named Company will 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 the certificate in every particular, without alteration
                or
                enlargement or any change
                whatever.

            


    

    
 

    
      	Signature(s) Guaranteed:
	 
	       
	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).