Document:

Exhibit 4.7

 

	
  RIGHTS
  CERTIFICATE #:

  	
   

  	
  NUMBER OF RIGHTS

  

 

THE TERMS AND CONDITIONS OF THE RIGHTS OFFERING ARE
SET FORTH IN THE COMPANY’S PROSPECTUS DATED [          ] (THE “PROSPECTUS”) AND ARE
INCORPORATED HEREIN BY REFERENCE.  COPIES
OF THE PROSPECTUS ARE AVAILABLE UPON REQUEST FROM [          ], THE INFORMATION AGENT.

 

Griffon Corporation

Incorporated under the laws of the State of Delaware

 

[TRANSFERABLE] SUBSCRIPTION RIGHTS CERTIFICATE

 

Evidencing [Transferable] Subscription Rights to Purchase Securities of
Griffon Corporation

	
  Subscription Price:    $[      ]
  per Security

  	
  CUSIP #: [      ]

  

 

 

THE SUBSCRIPTION RIGHTS WILL EXPIRE IF NOT EXERCISED ON OR BEFORE 5:00 P.M.,
NEW YORK CITY TIME, ON [          ],
UNLESS EXTENDED BY THE COMPANY

 

REGISTERED

OWNER:

 

THIS
CERTIFIES THAT the registered owner whose name is inscribed hereon is the owner
of the number
of [transferable] subscription rights (“Rights”) set forth above. Each whole
Right entitles the holder thereof to subscribe for and purchase [       ]
Securities of
Griffon Corporation, a Delaware corporation, at a subscription price of $[        ] 
per share (the “Basic Subscription Right”),  pursuant to a rights offering (the “Rights Offering”), on the
terms and subject to the conditions set forth in the Prospectus.  [If any Securities available for purchase in the Rights
Offering are not purchased by other holders of Rights pursuant to the exercise
of their Basic
Subscription Right (the “Remaining Securities”), any Rights holder that
exercises its Basic Subscription Right in full may subscribe for a number of
Remaining Securities in an amount equal to up to [         ]% of the Securities for which it was
otherwise entitled to subscribe (calculated prior to the exercise of any
Rights) pursuant to the terms and conditions of the Rights Offering, subject to
proration, as described in the Prospectus (the “Over-Subscription Right”).]   [Each Rights holder must represent to us
that, (1) after giving effect to the exercise of its Rights, it will not
beneficially own, as determined in accordance with Rule 13d-3 under the
Securities Exchange Act of 1934, as amended, more than [          ]% of the Company’s outstanding
Securities (calculated immediately upon closing of the Rights Offering) and (2) if
it already beneficially owns, as determined in accordance with Rule 13d-3
of the Securities Exchange Act of 1934, as amended, in excess of [         ]% of the Company’s outstanding
Securities it will not, via the exercise of the Rights, increase its
proportionate interest in the Company’s Securities].  The Rights represented by this Subscription
Rights Certificate may be exercised by completing Form 1 and any other
appropriate forms on the reverse side hereof and by returning the full payment of the subscription
price for each Security in accordance with the instructions set forth in Form 1
hereto and the Prospectus.

 

This Subscription Rights
Certificate is not valid unless countersigned by the subscription agent and
registered by the registrar. Witness the seal of Griffon Corporation and the
signatures of its duly authorized officers.

 

Dated:

	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Chairman of the
  Board/President

  	
   

  	
  Treasurer/Secretary

  

 

 

DELIVERY OPTIONS FOR SUBSCRIPTION RIGHTS CERTIFICATE

 

	
  Delivery other than in the manner or to the addresses listed below
  will not constitute valid delivery.

  
	
   

  	
   

  	
   

  
	
  If
  delivering by hand:

  	
   

  	
  If
  delivering by mail or overnight courier:

  
	
  [Address of Subscription Agent]

  	
   

  	
  [Address of Subscription Agent]

  

 

PLEASE PRINT ALL INFORMATION CLEARLY AND LEGIBLY.

 

FORM 1-EXERCISE OF
SUBSCRIPTION RIGHTS

 

To
subscribe for shares pursuant to your Basic Subscription Right, please complete lines (a) and (c) and sign
under Form 4 below.  [To subscribe
for Securities pursuant to your
Over-Subscription Right, please also complete line (b) and sign under Form 4 below.  To the extent you subscribe for more
Securities than you are entitled under either the Basic Subscription Right or
the Over-Subscription Right, you will be deemed to have elected to purchase the
maximum number of Securities for which you are entitled to subscribe under the
Basic Subscription Right or Over-Subscription Right, as applicable].

 

(a) EXERCISE OF BASIC
SUBSCRIPTION RIGHT:

 

I
apply for _______________ Securities x $ [         ]          =   $_____________

(no. of new Securities)         (subscription
price)     (amount enclosed)

 

[(b) EXERCISE OF
OVER-SUBSCRIPTION RIGHT

 

If you
have exercised your Basic Subscription Right in full and wish to subscribe for
additional Securities in an amount equal to up to [     ]% of the Securities for which you are
otherwise entitled to subscribe pursuant to your Over-Subscription Right:

 

I
apply for _______________ Securities x $ [         ]          =   $_____________

(no. of new Securities)         (subscription
price)     (amount enclosed)

 

(c) Total Amount of
Payment Enclosed   =   $___________________]

 

METHOD OF PAYMENT (CHECK ONE)

 

	
   ̈

  	
   

  	
  Check or bank draft drawn
  on a U.S. bank, or postal telegraphic or express.

  
	
   

  	
   

  	
   

  
	
   ̈

  	
   

  	
  Money order payable to “[            ],
  as Subscription Agent.” Funds paid by an uncertified check may take at least
  five business days to clear.

  
	
   

  	
   

  	
   

  
	
   ̈

  	
   

  	
  Wire transfer of immediately available funds
  directly to the account maintained by [            ], as Subscription Agent, for purposes of
  accepting subscriptions in this Rights Offering at [            ], with reference to the rights holder’s
  name.

  

 

[FORM 
2-TRANSFER TO DESIGNATED TRANSFEREE

 

To transfer your subscription
rights to another person, complete this Form 2 and have your signature
guaranteed under Form 5.

 

For value received _______________
of the subscription rights represented by this Subscription Rights Certificate
are assigned to:

	
   

  
	
   

  
	
   

  

 

	
  Social Security #

  	
   

  

 

	
  Signature(s):

  	
   

  

 

IMPORTANT: The signature(s) must
correspond with the name(s) as printed on the reverse of this Subscription Rights Certificate in every particular,
without alteration or enlargement, or any other change whatsoever.]

 

FORM 3-DELIVERY
TO DIFFERENT ADDRESS

 

If
you wish for the Securities underlying your subscription rights, a certificate
representing unexercised subscription rights or the proceeds of any sale of
subscription rights to be delivered to an address different from that shown on
the face of this Subscription Rights Certificate, please enter the alternate
address below, sign under Form 4 and have your signature guaranteed under Form 5.

	
   

  
	
   

  
	
   

  
	
   

  
	
   

  

 

FORM 4-SIGNATURE

 

[TO
SUBSCRIBE: I acknowledge that I have received the Prospectus for this Rights
Offering and I hereby irrevocably subscribe for the number of Securities
indicated above on the terms and conditions specified in the Prospectus.  By signing below I confirm that (1) after
giving effect to the exercise of my Rights, I will not beneficially own, as
determined in accordance with Rule 13d-3 under the Securities Exchange Act
of 1934, as amended, more than [        
]% of the Company’s Securities (calculated immediately upon the closing
of the rights offering) and (2), if I already beneficially own, as determined
in accordance with Rule 13d-3 under the Securities Exchange Act of 1934,
as amended, in excess of [          ]% of
the Company’s outstanding Securities I will not, via the exercise of the
Rights, increase my proportionate interest in the Company’s Securities (with
respect to (1) or (2), any such excess shares, the “Excess Securities”).  With respect to any such Excess Securities, I
hereby (1) irrevocably appoint and constitute the Company, each of its
authorized officers and their designees, and each of them, with full power of
substitution, as my proxy and attorney in fact with full authority to vote and
act by written consent with respect to any such Excess Securities on any matter
submitted to shareholders for a vote or action by written consent, in the
discretion of such proxy, to the same extent I would have the power to vote or
act by written consent and (2) grant the Company a right for [          ] days from the closing of the rights
offering to repurchase such Excess Securities at the lesser of the $[         ] per Security subscription price and
the closing price of the Company’s Securities on the New York Stock Exchange on
the trading day immediately prior to the date on which notice is sent to the
holder of the Company’s intent to exercise such right, which notice must be
sent prior to the expiration of such [        
] day period.  I agree to
cooperate with the Company and provide to the Company any and all information
requested by the Company in connection with the exercise of the rights granted
in the previous sentence.]

 

	
  Signature(s):

  	
   

  

 

IMPORTANT:
The signature(s) must correspond with the name(s) as printed on the
reverse of this Subscription Rights Certificate in every particular, without
alteration or enlargement, or any other change whatsoever.

 

FORM 5-SIGNATURE
GUARANTEE

 

This
form must be completed if you have completed any portion of Forms 2 or 3.

 

	
  Signature Guaranteed:

  	
   

  
	
  (Name of Bank or Firm)

  
	
   

  
	
  By:

  	
   

  
	
  (Signature of Officer)

  
			

 

IMPORTANT:  The signature(s) should be guaranteed by
an eligible guarantor institution (bank, stock broker, savings & loan
association or credit union) with membership in an approved signature guarantee
medallion program pursuant to Securities and Exchange Commission Rule 17Ad-15.

 

FOR INSTRUCTIONS ON THE USE
OF GRIFFON CORPORATION SUBSCRIPTION RIGHTS CERTIFICATES, CONSULT [          ],
THE INFORMATION AGENT, AT [          ].Exhibit 4.10

 

	
  NUMBER

  	
  UNITS

  
	
   

  	
   

  

U-__________

	
   

  	
   

  
	
  SEE REVERSE FOR

  	
  GRIFFON CORPORATION

  
	
  CERTAIN DEFINITIONS

  
	
   

  

CUSIP __________

 

UNITS CONSISTING OF SECURITIES

 

THIS
CERTIFIES THAT ________________________________________________________

is the owner of ____________________________________________________________
Units.

 

Each
Unit (“Unit”) consists of [          ] (“Securities”),
of Griffon Corporation, a Delaware corporation (the “Company”).  The terms of the Units are governed by
[Agreement], dated as of [          ], between the Company and [          ], as [         ], 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 [Agreement]
are on file at the office of the Transfer Agent at [          ], and are available to any
Securityholder 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.

 

	
  Dated:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  SEAL

  	
   

  
	
  Chairman of the
  Board/President

  	
   

  	
  Treasurer/Secretary

  

 

 

(REVERSE OF UNIT
CERTIFICATE)

 

GRIFFON
CORPORATION

 

The Company will furnish without charge to each
Securityholder who so requests, a statement of the powers, designations,
preferences and relative, participating, optional or other special rights of
each Security 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 CON —

  	
  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

  	
  under Uniform Gifts to Minors Act

  	
   

  
	
   

  	
  survivorship and not as
  tenants

  	
   

  	
  (State)

  
	
   

  	
  in common

  	
   

  

 

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)

  
	
   

   

  
	
   

   

  
	
   

   

  
	
  Units represented by the within Certificate, and do
  hereby irrevocably constitute and appoint

  
	
   

   

  
	
  Attorney

  
	
  to transfer 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 WHATSOEVER.

  
	
  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
  SEC RULE 17Ad-15).

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00156-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00156-of-00352.parquet"}]]