Document:

Exhibit 4.1

 

SPECIMEN UNIT CERTIFICATE

 

NUMBER
UNITS

U-

 

	SEE REVERSE FOR

CERTAIN

DEFINITIONS	CC Neuberger Principal Holdings II	 

 

CUSIP [ ]

 

UNITS
CONSISTING OF ONE CLASS A ORDINARY SHARE AND ONE-FOURTH OF ONE REDEEMABLE WARRANT TO PURCHASE ONE CLASS A
ORDINARY SHARE

 

THIS CERTIFIES THAT            
is the owner of                    Units.

 

Each
Unit ("Unit") consists of one (1) Class A ordinary share, par value $0.0001 per share
("Ordinary Shares"), of CC Neuberger Principal Holdings II, a Cayman Islands exempted company (the "Company"),
and one-fourth (1/4) of one redeemable warrant (each whole warrant, a "Warrant"). Each Warrant entitles
the holder to purchase one (1) Ordinary Share for $11.50 per share (subject to adjustment). Each Warrant will become exercisable
on the later of (i) thirty (30) days after the Company's completion of a merger, share exchange, asset acquisition, share
purchase, reorganization or other similar business combination with one or more businesses (each, a "Business Combination"),
and (ii) twelve (12) months from the closing of the Company's initial public offering, and will expire unless exercised before
5:00 p.m., New York City Time, on the date that is five (5) years after the date on which the Company completes its initial
Business Combination, or earlier upon redemption or liquidation (the "Expiration Date"). The Ordinary Shares
and Warrants comprising the Units represented by this certificate are not transferable separately prior to               
, 2020, unless Credit Suisse Securities (USA) LLC elects to allow earlier separate trading, subject to the Company's filing with
the Securities and Exchange Commission of a Current Report on Form 8-K containing an audited balance sheet reflecting the
Company's receipt of the gross proceeds of the initial public offering and issuing a press release announcing when separate trading
will begin. No fractional warrants will be issued upon separation of the Units and only whole Warrants are exercisable. The terms
of the Warrants are governed by a Warrant Agreement, dated as of                  
, 2020, 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 1 State Street, 30th Floor, New York, New York
10004, and are available to any Warrant holder on written request and without cost.

 

Upon the consummation
of the Business Combination, the Units represented by this certificate will automatically separate into Ordinary Shares and Warrants
comprising such Units.

 

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

 

This certificate shall
be governed by and construed in accordance with the internal laws of the State of New York.

 

Witness the facsimile
signatures of its duly authorized officers.

 

	By	 	 	 
	 	 	 	 
	 	Chief Executive Officer	 	Chief Financial Officer

 

     

     

    

 

CC
Neuberger Principal Holdings II

 

The Company will furnish
without charge to each unitholder who so requests, a statement of the powers, designations, preferences and relative, participating,
optional or other special rights of each class of shares 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
	 	 	 	 	 	 	 	 
	 	 	 	 	 	(Cust)	 	(Minor)
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	TEN ENT	—	as tenants by the entireties	 	 	under Uniform Gifts 

to Minors Act
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	(State)	 
	 	 	 	 	 	 	 	 
	JT TEN	—	as joint tenants with right of survivorship and not as tenants in common	 	 	 	 	 

 

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

 

For value received,                 hereby sells, assigns and transfers 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 the said Units on the books
of the within named Company 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 the certificate in every particular, without alteration or enlargement or any change whatever.

 

Signature(s) Guaranteed:

 

	 	 
	 	 

THE SIGNATURE(S) MUST 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 OR ANY SUCCESSOR RULES).

 

     

     

    

 

In each case, as more fully described in
the Company's final prospectus dated           , 2020, the holder(s) of this certificate
shall be entitled to receive a pro-rata portion of certain funds held in the trust account established in connection with the Company's
initial public offering only in the event that (i) the Company redeems the Ordinary Shares sold in its initial public offering
and liquidates because it does not consummate an initial business combination within the period of time set forth in the Company's
amended and restated memorandum and articles of association, as the same may be amended from time to time, (ii) the Company
redeems the Ordinary Shares sold in its initial public offering in connection with a shareholder vote to amend the Company's amended
and restated memorandum and articles of association that would affect the substance or timing of the Company's obligation to provide
for the redemption of Ordinary Shares in connection with an initial business combination or to redeem 100% of the Ordinary Shares
if the Company does not consummate an initial business combination within the time period set forth therein, or (iii) if the
holder(s) seek(s) to redeem for cash his, her or its respective Ordinary Shares in connection with a tender offer (or
proxy solicitation, solely in the event the Company seeks shareholder approval of the proposed initial business combination) setting
forth the details of a proposed initial business combination. In no other circumstances shall the holder(s) have any right
or interest of any kind in or to the trust account.Exhibit 4.2

 

SPECIMEN CLASS A ORDINARY SHARE
CERTIFICATE

 

	NUMBER	SHARES

 

CC NEUBERGER PRINCIPAL HOLDINGS II

INCORPORATED UNDER THE LAWS OF THE CAYMAN ISLANDS

CLASS A ORDINARY SHARES

 

SEE REVERSE FOR

CERTAIN DEFINITIONS

 

CUSIP [ ]

 

This Certifies that                                               is
the owner of

 

FULLY PAID AND NON-ASSESSABLE CLASS A
ORDINARY SHARES OF THE PAR VALUE OF 

US$0.0001 EACH OF CC NEUBERGER PRINCIPAL HOLDINGS II (THE “COMPANY”)

 

subject to the Company’s amended
and restated memorandum and articles of association, as the same may be 

amended from time to time, and transferable on the books
of the Company in person or by duly authorized attorney

 upon surrender of this certificate properly endorsed.

 

The Company will be forced to redeem
all of its Class A ordinary shares if it is unable to complete a business

 combination within the period of time set forth
in the Company’s amended and restated memorandum and articles

 of association, as the same may be amended from time to time,
all as more fully described in the Company’s final 

prospectus dated                  
, 2020.

 

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

 

Witness the facsimile signatures of its
duly authorized officers.

 

	Dated:	 	 
	 	 	 

 

	Chief Executive Officer	Cayman Islands	Chief Financial Officer
	 	 	 
	 	 	 

 

    

     

    

 

CC NEUBERGER PRINCIPAL HOLDINGS II

 

The Company will furnish without charge
to each shareholder who so requests the powers, designations, preferences and relative, participating, optional or other special
rights of each class of shares or series thereof of the Company and the qualifications, limitations, or restrictions of such preferences
and/or rights. This certificate and the shares represented thereby are issued and shall be held subject to all the provisions of
the Company’s amended and restated memorandum and articles of association, as the same may be amended from time to time,
and resolutions of the Board of Directors providing for the issue of Class A ordinary shares (copies of which may be obtained
from the secretary of the Company), to all of which the holder of this certificate by acceptance hereof assents. 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
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	(State)	 
	 	 	 	 	 	 	 	 
	JT TEN	—	as joint tenants with right of survivorship and not as tenants in common	 	 	 	 	 

 

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

 

For value received,                                            hereby
sells, assigns and transfers unto

 

(PLEASE INSERT
SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER(S) OF ASSIGNEE(S))

 

(PLEASE PRINT
OR TYPEWRITE NAME(S) AND ADDRESS(ES), INCLUDING ZIP CODE, OF ASSIGNEE(S))

 

Shares represented by the within Certificate,
and does hereby irrevocably constitute and appoint                                            
Attorney to transfer the said shares on the books of the within named Company with full power of substitution in the premises.

  

	Dated:	 	 	 
	 	 	 	 
	 	 	 	Shareholder
	 	 	 	 
	 	 	 	NOTICE: THE SIGNATURE(S) 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:	 
	 	 
	By	 
	 	 

 

THE SIGNATURE(S) MUST 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 OR ANY SUCCESSOR RULE).

 

In each case, as more fully described in
the Company’s final prospectus dated                      ,
2020, the holder(s) of this certificate shall be entitled to receive a pro-rata portion of certain funds held in the trust
account established in connection with its initial public offering only in the event that (i) the Company redeems the Class A
ordinary shares sold in its initial public offering and liquidates because it does not consummate an initial business combination
within the period of time set forth in the Company’s amended and restated memorandum and articles of association, as the
same may be amended from time to time, (ii) the Company redeems the Class A ordinary shares sold in its initial public
offering in connection with a shareholder vote to amend the Company’s amended and restated memorandum and articles of association
that would affect the substance or timing of the Company’s obligation to provide for the redemption of Class A ordinary
shares in connection with an initial business combination or to redeem 100% of the Class A ordinary shares if the Company
does not consummate an initial business combination within the time period set forth therein, or (iii) if the holder(s) seek(s) to
redeem for cash his, her or its respective Class A ordinary shares in connection with a tender offer (or proxy solicitation,
solely in the event the Company seeks shareholder approval of the proposed initial business combination) setting forth the details
of a proposed initial business combination. In no other circumstances shall the holder(s) have any right or interest of any
kind in or to the trust account.

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