Document:

Exhibit 4.2

 

 

XXXXXXX Mechanical Technologies,
Incorporated XXXXXXX INCORPORATED UNDER THE LAWS OF THE STATE OF NEVADA SEE REVERSE SIDE FOR CERTAIN DEFINITIONS CUSIP 583543
20 2 THIS CERTIFIES THAT S P E C I M E N BY is the owner of XXXXXX FULLY PAID AND NON-ASSESSABLE 9.0% SERIES A CUMULATIVE
PERPETUAL PREFERRED STOCK, PAR VALUE $0.001 PER SHARE, OF MECHANICAL TECHNOLOGIES, INCORPORATED (Brooklyn, New York) transferable
on the books of the Corporation by the holder hereof in person or by Attorney upon surrender of this certificate properly endorsed.
This certificate is not valid until countersigned and registered by the Transfer Agent and Registrar.PREFERRED COUNTERSIGNED
AND REGISTERED: IN WITNESS WHEREOF, the said Corporation has caused this certificate to be signed by facsimile signatures of
its duly authorized officers. Dated: AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC SECRETARY CHIEF EXECUTIVE OFFICER AUTHORIZED
SIGNATURE AND REGISTRAR TRANSFER AGENT

 

     

     

    

 

THE
BOARD OF THIS CORPORATION HAS THE AUTHORITY TO CREATE AND DETERMINE THE RELATIVE RIGHTS AND PREFERENCES OF CLASSES OR SERIES OF
SHARES OF CAPITAL STOCK OTHER THAN COMMON STOCK. THIS CORPORATION WILL FURNISH TO ANY SHAREHOLDER UPON WRITTEN REQUEST SENT TO
ITS PRINCIPAL EXECUTIVE OFFICES, AND WITHOUT CHARGE, A FULL STATEMENT OF THE BOARD’S AUTHORITY TO CREATE AND DETERMINE THE
RELATIVE RIGHTS AND PREFERENCES OF CLASSES OR SERIES OF SHARES OF CAPITAL STOCK AS WELL AS THE DESIGNATIONS, PREFERENCES, LIMITATIONS
AND RELATIVE RIGHTS OF THE SHARES OF EACH CLASS OR SERIES THEN OUTSTANDING OR AUTHORIZED TO BE ISSUED.

 

 

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	UTMA 	–	 	Custodian	 
	 	 	 	 	(Cust)	 	(Minor)
	TEN ENT	–	as tenants by entireties	 	under Uniform Transfers
    to Minors
	 	 	 	 	 	 
	JT TEN	–	as joint tenants with right of survivorship	 	Act	 
	 	 	and not as tenants in common	 	 	(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 _________	X
	 	 
	 	X
	 	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
GUARANTEED

	ALL
    GUARANTEES MUST BE MADE BY A FINANCIAL INSTITUTION (SUCH AS A BANK OR BROKER) WHICH IS A PARTICIPANT IN THE SECURITIES TRANSFER
    AGENTS MEDALLION PROGRAM (“STAMP”), THE NEW YORK STOCK EXCHANGE, INC. MEDALLION SIGNATURE PROGRAM (“MSP”),
    OR THE STOCK EXCHANGES MEDALLION PROGRAM (“SEMP”) AND MUST NOT BE DATED. GUARANTEES BY A NOTARY PUBLIC ARE NOT
    ACCEPTABLE.EX-10.1

 Exhibit 10.1 

TERMINATION AGREEMENT dated as of August 19, 2021 Between 

UNDER ARMOUR, INC. and [Dealer] 
  

 
  

THIS TERMINATION AGREEMENT (this “Agreement”) with respect to the Base Capped Call Confirmation (as defined below) is made as
of August 19, 2021, between Under Armour, Inc. (“Company”) and [Dealer] (“Dealer”). 
 WHEREAS,
Company issued $500,000,000 principal amount of 1.50% Convertible Senior Notes due 2024 (the “Convertible Notes”) pursuant to an Indenture dated as of May 27, 2020 between Company and Wilmington Trust, National Association, as
trustee; 
 WHEREAS, in connection with the pricing of the Convertible Notes, Company and Dealer entered into a Base Capped Call Transaction
(the “Base Capped Call Transaction”) pursuant to an ISDA confirmation dated as of May 21, 2020, which supplements, forms a part of, and is subject to an agreement in the form of the 2002 ISDA Master Agreement,
pursuant to which Company purchased from Dealer 440,000 call options (as amended, modified, terminated or unwound from time to time, the “Base Capped Call Confirmation”); 

WHEREAS, in connection with the exercise of the option by the initial purchasers of the Convertible Notes to purchase additional Convertible
Notes, Company and Dealer entered into an Additional Capped Call Transaction (the “Additional Capped Call Transaction”) pursuant to an ISDA confirmation dated as of May 26, 2020, which supplements, forms a part of, and is
subject to an agreement in the form of the 2002 ISDA Master Agreement, pursuant to which Company purchased from Dealer 60,000 call options (as amended, modified, terminated or unwound from time to time); 

WHEREAS, in connection with a repurchase by Company of 250,000 Convertible Notes in $1,000 principal amount denominations, Company and Dealer
entered into a termination agreement in May 26, 2021 to terminate the Additional Capped Call Transaction in full and to reduce the number of call options under the Base Capped Call Transaction to 250,000 call options; and 

WHEREAS, in connection with a repurchase by Company of 169,081 Convertible Notes in $1,000 principal amount denominations (such number of
Convertible Notes in $1,000 principal amount denominations, the “Repurchase Number”), Company has requested partial termination of the Base Capped Call Transaction; 

NOW, THEREFORE, in consideration of their mutual covenants herein contained, the parties hereto, intending to be legally bound, hereby
mutually covenant and agree as follows: 
 1.    Defined Terms. Any capitalized term not otherwise defined herein
shall have the meaning set forth for such term in the Base Capped Call Confirmation. 
 2.    Termination.
Notwithstanding anything to the contrary in the Base Capped Call Confirmation, Company and Dealer agree that, effective on the date hereof, the Number of Options under the Base Capped Call Transaction shall be reduced to 80,919, and in connection
therewith Dealer shall be required to pay to Company the Cash Settlement Amount on the Cash Settlement Date pursuant to Sections 3 and 4 below. 

3.    Procedures for Hedge Unwind. On each Trading Day during the period of twelve (12) consecutive Trading
Days beginning on, and including, August 23, 2021 (the “Hedge Unwind Period”) Dealer (or an affiliate of Dealer), for the account of Dealer, shall unwind a portion of its hedge of the Number of Options being terminated
hereunder. “Trading Day” means a day on which (i) there is no Market Disruption Event and (ii) trading in the Shares generally occurs on The New York Stock Exchange. “Market Disruption Event” means
(i) a failure by The New York Stock Exchange to open for trading during its regular trading session or (ii) a Trading Halt. “Trading Halt” means the occurrence or existence prior to 1:00 p.m., New York City time, on any
scheduled trading day for the Shares for more than one 45 minute period in the aggregate during regular trading hours of any suspension of trading (by reason of movements in price exceeding limits permitted by The New York Stock Exchange or
otherwise) in the Shares. 
 4.    Payments. On the second business day following the final Trading Day of the
Hedge Unwind Period (the “Cash Settlement Date”), Dealer shall pay to Company an amount in USD equal to the Cash Settlement Amount. The “Cash Settlement Amount” shall mean an amount of USD determined by Dealer
pursuant to the table set forth in Schedule A attached hereto (using linear interpolation or commercially reasonable extrapolation by Dealer, as applicable, to determine the Cash Settlement Amount for any Average VWAP not specifically
appearing in Schedule A). “Average VWAP” means the 

 
arithmetic average of the Daily VWAPs for each Trading Day during the Hedge Unwind Period. “Daily VWAP” means, for any Trading Day, the per share volume-weighted average price as
displayed under the heading “Bloomberg VWAP” on Bloomberg page “UA US <equity> AQR” (or its equivalent successor if such page is not available) in respect of the period from the scheduled open of trading until the scheduled
close of trading of the primary trading session on such Trading Day (or if such volume-weighted average price is unavailable, the market value of one Share on such Trading Day determined, using a volume-weighted average method, by a nationally
recognized independent investment banking firm retained for this purpose by Company). The “Daily VWAP” shall be determined without regard to after-hours trading or any other trading outside of the regular trading session trading
hours. If Dealer determines, in the case of clause (x) below, in its commercially reasonable judgment or, in the case of clause (y) below, based on advice of counsel, that on any Trading Day during the Hedge Unwind Period an extension of
the Hedge Unwind Period is reasonably necessary or appropriate (x) to preserve Dealer’s hedge unwind activity hereunder in light of existing liquidity conditions or (y) to enable Dealer to effect sales of Shares in connection with its
hedge unwind activity hereunder in a manner that would be in compliance with applicable legal, regulatory or self-regulatory requirements of organizations with jurisdiction over Dealer or its affiliates, or with related policies and procedures
adopted by Dealer in good faith so long as such policies and procedures would generally be applicable to counterparties similar to Company and transactions similar to those contemplated by this Agreement, then the number of Trading Days in the Hedge
Unwind Period and the Cash Settlement Amount shall be adjusted by Dealer in its good faith, commercially reasonable discretion to account for such extension. 

5.    Representations and Warranties of Company. Company represents and warrants to Dealer on the date hereof that:

 (a) it has the power to execute this Agreement and any other documentation relating to this Agreement to which it is a party, to deliver
this Agreement and to perform its obligations under this Agreement and has taken all necessary action to authorize such execution, delivery and performance; 

(b) such execution, delivery and performance do not violate or conflict with any law applicable to it, any provision of its constitutional
documents, any order or judgment of any court or other agency of government applicable to it or any of its assets or any material contractual restriction binding on or affecting it or any of its assets; 

(c) all governmental and other consents that are required to have been obtained by it with respect to this Agreement have been obtained and
are in full force and effect and all conditions of any such consents have been complied with; 
 (d) its obligations under this Agreement
constitute its legal, valid and binding obligations, enforceable in accordance with their respective terms (subject to applicable bankruptcy, reorganization, insolvency, moratorium or similar laws affecting creditors’ rights generally and
subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or at law)); 

(e) it is not in possession of any material nonpublic information regarding Company or the Shares; and 

(f) it is not entering into this Agreement to create actual or apparent trading activity in the Shares (or any security convertible into or
exchangeable for the Shares) or to raise or depress or otherwise manipulate the price of the Shares (or any security convertible into or exchangeable for the Shares) or otherwise in violation of the Securities Exchange Act of 1934, as amended. 

6.    Representations and Warranties of Dealer. Dealer represents and warrants to Company on the date hereof that:

 (a) it has the power to execute this Agreement and any other documentation relating to this Agreement to which it is a party, to deliver
this Agreement and to perform its obligations under this Agreement and has taken all necessary action to authorize such execution, delivery and performance; 

(b) such execution, delivery and performance do not violate or conflict with any law applicable to it, any provision of its constitutional
documents, any order or judgment of any court or other agency of government applicable to it or any of its assets or any material contractual restriction binding on or affecting it or any of its assets; 

  
 2 

 (c) all governmental and other consents that are required to have been obtained by it with
respect to this Agreement have been obtained and are in full force and effect and all conditions of any such consents have been complied with; and 

(d) its obligations under this Agreement constitute its legal, valid and binding obligations, enforceable in accordance with their respective
terms (subject to applicable bankruptcy, reorganization, insolvency, moratorium or similar laws affecting creditors’ rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether
enforcement is sought in a proceeding in equity or at law)). 
 7.    Account Information for Payment of the Cash
Settlement Amount to Company: 
 Bank: [        ] 

ABA#: [        ] 

Acct No.: [        ] 

Beneficiary: [        ] 

Ref: [        ] 

8.     Governing Law. This Agreement and any dispute arising hereunder shall be governed by and construed in
accordance with the laws of the State of New York (without reference to choice of law doctrine). 
 9.
    Counterparts. This Agreement may be signed in any number of counterparts, each of which shall be an original, with the same effect as if all of the signatures thereto and hereto were upon the same instrument. 

10.    No Reliance, etc. Company confirms that it has relied on the advice of its own counsel and other advisors
(to the extent it deems appropriate) with respect to any legal, tax, accounting, or regulatory consequences of this Agreement, that it has not relied on Dealer or its affiliates in any respect in connection therewith, and that it will not hold
Dealer or its affiliates accountable for any such consequences. 
 11.    FINRA Sophistication. Company
(A) is capable of evaluating investment risks independently, both in general and with regard to all transactions and investment strategies involving a security or securities; (B) will exercise independent judgment in evaluating the
recommendations of any broker-dealer or its associated persons, unless it has otherwise notified the broker-dealer in writing; and (C) has total assets of at least USD 50 million. 

12.    No Other Changes. Except as expressly set forth herein, all of the terms and conditions of the Base Capped
Call Confirmation shall remain in full force and effect and are hereby confirmed in all respects. 
 13.    [U.S.
Resolution Stay Protocol. The provisions of Section 9(dd) of the Base Capped Call Confirmation are incorporated into this Agreement mutatis mutandis as if references therein to (x) “the Agreement” were references to
“this Agreement”, (y) “[__]” were references to “Dealer” and (z) “Counterparty” were references to “Company”.] [U.S. QFC Mandatory Contractual Requirements. The provisions of
Section 9(dd) of the Base Capped Call Confirmation are incorporated into this Agreement mutatis mutandis as if references therein to (x) “this Confirmation” were references to “this Agreement” and (y)
“Counterparty” were references to “Company”.] 
 [Signature Page Follows] 

  
 3 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of
the date first written above. 
  

			
	[Dealer]
		
	By:	 	      

		 	Name:
		 	Title:  
	
	Under Armour, Inc.
		
	By:	 	      

		 	Name:
		 	Title:  

  

  
 [Signature Page to
Termination Agreement] 

 Schedule A 

The Cash Settlement Amount shall be determined by Dealer according to the table below. 

 

			
	 Average VWAP
	  	 Cash Settlement Amount

	USD 18.50	  	USD [    ]
	USD 19.00	  	USD [    ]
	USD 19.50	  	USD [    ]
	USD 20.00	  	USD [    ]
	USD 20.50	  	USD [    ]
	USD 21.00	  	USD [    ]
	USD 21.50	  	USD [    ]

 Dealer may adjust the table above upon the occurrence of any event or condition that would have allowed Dealer to adjust the
terms of the Base Capped Call Transaction under the Base Capped Call Confirmation. In making any adjustment pursuant to the immediately preceding sentence, Dealer shall be bound by the same obligations of the Calculation Agent as set forth in the
Base Capped Call Confirmation. 

  
 A-1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00332-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00332-of-00352.parquet"}]]