Document:

Exhibit
10.4

      CONFIDENTIAL TREATMENT
REQUESTED

      WITH RESPECT TO CERTAIN
PORTIONS HEREOF

      DENOTED WITH
“***”

    

    
 

     

    
      
        	
                      
                  
                    ***CONFIDENTIAL
      TREATMENT REQUESTED***

                    
 Note:  The
      portions hereof for which confidential treatment are being requested
      are
 denoted with highlighted, bold and underlined
      language

                  

                

              

      

    

     

     

    OPTION
PURCHASE AGREEMENT

     

    OPTION
PURCHASE AGREEMENT (this “Agreement”) made as of this 30th day of
October, 2009 between The Malibu Companies, LLC, a California limited liability
company (“Buyer”), and the signatory on the execution page hereof
(“Seller”).

     

    WHEREAS,
Prospect Acquisition Corp. (the “Company”), a Delaware corporation, was
organized for the purpose of acquiring, through a merger, capital stock
exchange, asset acquisition or other similar business combination, an operating
business (“Business Combination”); and

     

    WHEREAS,
the Company consummated an initial public offering in November, 2007 in
connection with which it raised gross proceeds of approximately $250 million, a
significant portion of which was placed in a trust account pending the
consummation of a Business Combination on or prior to November 20, 2009;
and

     

    WHEREAS,
pursuant to certain provisions in the Company’s Certificate of Incorporation, as
amended (the “Certificate of Incorporation”), a holder of Common Stock issued in
the Company’s initial public offering may, if it votes against the Business
Combination, demand that the Company redeem such Common Stock into cash
(“Redemption Rights”); and

     

    WHEREAS,
the Business Combination will not be consummated if the holders of more than 30%
of the Common Stock vote against the Business Combination and request Redemption
Rights; and

     

    WHEREAS,
Buyer has requested Seller, and Seller has agreed, to enter into this Agreement
with respect to the number of shares of common stock, par value $.0001 per share
(the “Common Stock”), of the Company set forth on the signature page hereof that
Seller beneficially owns (the “Shares”); and

     

    WHEREAS,
Buyer has agreed to purchase from Seller an option to purchase Seller’s Common
Stock at any time prior to the Termination (as defined hereinafter) of this
Agreement; and

     

    
      
         

      

      
         

        
          

        

      

      
        
          CONFIDENTIAL TREATMENT
REQUESTED

          WITH RESPECT TO CERTAIN
PORTIONS HEREOF

          DENOTED WITH
“***”

        

      

    

     

    NOW,
THEREFORE, in consideration of the mutual covenants hereinafter set forth and
other good and valuable consideration, the sufficiency of which is hereby
acknowledged, the parties hereby agree as follows:

     

    1.           Option.  Seller hereby sells to
Buyer and Buyer hereby purchases from Seller, concurrently with the execution of
this Agreement, at a price
of *** per Share (the
“Option Price”), an option (the “Purchase Option”) to purchase all (but not less than all) of
the Shares from Seller at
any time prior to the
Termination of this Agreement.  On execution of this
Agreement, Buyer shall pay to the order of Seller, by wire transfer of
immediately available funds pursuant to the instructions set forth on
Schedule
1 hereto, the aggregate
Option Price.  Seller shall have confirmed none of the
Shares are being lent by Seller, an affiliate of Seller (as such term is defined
in Section 501(b) of the Securities Act of 1934, as amended) or Seller’s broker,
to any third party immediately prior to the execution of this Agreement.

     

    2.           Purchase.  If the Buyer exercises the
Purchase Option in
accordance with Section 4
then at the Closing (as defined hereinafter), Seller shall sell to Buyer and
Buyer shall purchase from Seller, the Shares at a price per share (the “Purchase Price”)
equal to that certain pro rata portion of the Company’s trust account (the
“Trust Amount”) due its public stockholders as set forth in the Company’s final
definitive proxy statement filed with the U.S. Securities and Exchange
Commission (the
“SEC”) in connection with
the Business Combination. 

     

    3.           Agreement to
Vote and
Redeem prior to Exercise of the Purchase Option.

     

    (a)           Vote
Against; Redemption.  In further consideration of the Option
Price and unless withdrawn and revoked pursuant to the terms of this Agreement,
Seller hereby agrees that
within 1 business day after execution of this Agreement, Seller will send an electronic and written
instruction through its prime broker holding the Shares requesting the prime
broker to: (i) exercise its
Redemption Rights, (ii)
vote the Shares against the Business Combination, and (iii) vote the Shares
against any amendment to the Certificate of Incorporation, each in the manner set forth in the Company’s
respective proxy statement(s) filed with the SEC, as applicable and in a timely manner provided, further, that in all applicable cases, Seller
shall take such other actions as may be reasonably requested by
Buyer.

     

    (b)           Prior
Votes.  If Seller has already voted in connection
with any such Business Combination or amendment to the Certificate of
Incorporation, Seller shall either (i) send an electronic and written
instruction through its prime broker holding the Shares requesting the prime
broker to withdraw and
revoke Seller’s vote in
favor of such Business Combination or amendment to the Certificate of
Incorporation with respect to the Shares or (ii) continue to vote the Shares,
against any Business Combination or amendment to the Certificate of
Incorporation; provided, further, that in all applicable cases, Seller
shall exercise, or continue to exercise, its Redemption Rights in accordance with the proxy
statement(s) and take such other actions in connection therewith as may be
reasonably requested by Buyer.

     

    
      
         

      

      
        2

        
          

        

      

      
        
          CONFIDENTIAL TREATMENT
REQUESTED

          WITH RESPECT TO CERTAIN
PORTIONS HEREOF

          DENOTED WITH
“***”

        

      

    

     

    (c)           Appointment
of Proxy.

     

    (i)           Subject to the limitations of Section
3(c)(ii), Seller hereby appoints Kenneth J. Abdalla as its true and lawful
proxy
and attorney-in-fact, with full power of substitution, to vote all of the Shares
in accordance with the terms of this Agreement.  The proxy and power
of attorney granted herein shall be deemed to be coupled with an interest, shall
be irrevocable, and shall survive the
death, disability, incompetency, bankruptcy, insolvency or dissolution of
Seller. Furthermore, Seller will, from time to time as reasonably requested by
Buyer, execute and deliver such further instruments, ancillary agreements or
other documents or take such other actions as may be necessary or advisable to
give effect to, confirm, evidence or effectuate the purposes of the proxy granted by
this Section 3(c).  Upon the termination of this Agreement in
accordance with Section 10, this Section 3(c) shall be of no further force and
effect.

     

    (ii)           This Section 3(c) shall become effective
only if: (i) Seller fails to vote the Shares in accordance with this Agreement,
and/or (ii) Buyer notifies Seller of its intent to exercise the Purchase Option
in accordance with Section 4 and payment of the Aggregate Purchase Price has
been made to the Escrow Agent (as defined in Section 5).

     

    (d)           Evidence of
Vote.  Seller shall provide further evidence of both
(i) its vote against any such Business Combination or amendments to the
Certificate of Incorporation, and (ii) its exercise of Redemption
Rights, within one (1) business day of any reasonable request
by Buyer for such evidence.

     

    4.           Exercise of
Purchase Option.  Buyer shall exercise the
Purchase Option by delivering to Seller written notice, by electronic mail,
facsimile or otherwise, at the address set forth in Section
20, such that it is received by Seller (i)
at least two business days prior to the Meeting or any stockholder vote taken by
written consent or (ii) at least one business day prior to the date set by
Seller’s prime broker as the date it must receive votes with respect to the
Meeting or any stockholder vote taken by written consent (the later of (i) or
(ii), the “Minimum Exercise Time”), containing (A) an acknowledgement of Buyer’s intent
to exercise the Purchase Option and (B) whether Seller should vote the
Shares in favor of, against
or abstain from voting upon, each proposal to be presented at the
Meeting or upon any such
action by written consent.  The exercisability of the Purchase Option shall terminate in
accordance with Section
10
hereof.

     

    5.           Agreement to
Vote upon
Exercise of the Purchase Option.  Upon the exercise of the Purchase Option
and receipt by the mutually agreed upon escrow agent (the “Escrow Agent”) of:
(i) the Aggregate Purchase Price and (ii) a letter in substantially the form of
Exhibit
B hereto: Seller shall send an electronic and written
instruction through its prime broker holding the Shares requesting the prime
broker to: (1) withdraw and revoke its exercise of
Redemption Rights and
(2) vote in favor
of, or abstain from voting
upon, the Business
Combination and the other proposals set forth in the Proxy Statement and/or any amendment to the Certificate
of Incorporation and take such other actions in
connection therewith as may be reasonably requested by Buyer.  Until such time the Shares
have settled in the account specified by Buyer, Seller shall
promptly execute all
necessary documents and take all actions as, in each case, are reasonably
requested by Buyer in
furtherance of such required action and revocation, with respect to the proposals to be
submitted (i) by written
consent of the stockholders of Company, or (ii) at the special (or annual) meeting, or
adjournment thereof, each
as called for by the Company or the consenting
stockholders to vote upon
(A) the Business Combination or (B) any amendment to the Certificate
of Incorporation (the “Meeting”).  If, (i) Buyer exercises the Purchase Option prior to the expiration of the Minimum
Exercise Time and Seller
does not comply with the
provisions of Section 5 as
a result of circumstances beyond the reasonable control of Seller then Buyer’s sole remedy shall be the return
of the Option Price and the
Aggregate Purchase Price received by the Seller from the Escrow Agent or Buyer
(if any) for such subject Shares within one (1) business day of the Meeting and
Seller shall not be obliged to deliver such subject Shares to Buyer pursuant to
Section 6, or (ii) if Buyer exercises the Purchase Option after the expiration
of the Minimum Exercise Time, then Seller shall use reasonable efforts to comply
with this Section 5; provided, however, Seller shall have no liability
whatsoever in connection therewith and should Seller be unable to comply with
this Section 5, Seller shall not be obliged to deliver any non-complying Shares
to Buyer pursuant to Section 6.   

     

    
      
         

      

      
        3

        
          

        

      

      
        
          CONFIDENTIAL TREATMENT
REQUESTED

          WITH RESPECT TO CERTAIN
PORTIONS HEREOF

          DENOTED WITH
“***”

        

      

    

     

    6.           Closing
Matters.

     

    (a)           Closing.  If Buyer exercises the
Purchase Option, the closing of the purchase and sale of the Shares (“Closing”)
will occur simultaneously
with the delivery of the Shares pursuant to Section 6(b).

     

    (b)           Closing
Procedures.   As soon as reasonably
practicable and in any
event, within one (1) business day after the exercise of the Purchase
Option and the Escrow
Agent’s confirmation of receipt of the Aggregate Purchase Price and a letter
substantially in the form of Exhibit
B, Seller shall deliver the
Shares to Buyer electronically to an account specified by
Buyer.  Upon the
settlement of the Shares, the Escrow Agent shall pay to the order of Seller the
aggregate Purchase Price by wire transfer of immediately available funds to an
account specified by Seller
in accordance with Exhibit
B.  It shall be a
condition to the obligation of Buyer on the one hand and Seller on the other
hand, to consummate the transfer of the Shares contemplated hereunder that the
other party’s representations and warranties are true and correct as of the
Closing with the same effect as though made on such date, unless waived in
writing by the party to whom such representations and warranties are
made.

     

    7.           Representations
and Warranties of the Seller.  Seller hereby represents
and warrants to Buyer on the date hereof and on the Closing
that:

     

    (a)           Sophisticated
Seller.  Seller
is sophisticated in financial matters and is able to evaluate the risks and
benefits attendant to the sale of Shares to Buyer.

     

    (b)           Independent
Investigation.  Seller, in making the
decision to sell the Shares to Buyer, has not relied upon any oral or written
representations or assurances from Buyer or any of its officers, directors or
employees or any other representatives or agents of Buyer.  Seller has
had access to all of the filings made by the Company with the SEC, pursuant to
the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and the Securities
Act of 1933, as amended
(the “Securities Act”) in
each case to the extent available publicly via the SEC’s Electronic Data
Gathering, Analysis and Retrieval system.

     

    
      
         

      

      
        4

        
          

        

      

      
        
          CONFIDENTIAL TREATMENT
REQUESTED

          WITH RESPECT TO CERTAIN
PORTIONS HEREOF

          DENOTED WITH
“***”

        

      

    

     

    (c)           Authority.  This Agreement has been
validly authorized, executed and delivered by Seller and, assuming the due
authorization, execution and delivery thereof by Buyer, is a valid and binding
agreement enforceable in accordance with its terms, subject to the general
principles of equity and to bankruptcy or other laws affecting the enforcement
of creditors’ rights generally.  The execution, delivery and
performance of this Agreement by Seller does not and will not conflict with,
violate or cause a breach of, constitute a default under, or result in a
violation of (i) any agreement, contract or instrument to which Seller is a
party which would prevent Seller from performing its obligations hereunder or
(ii) any law, statute, rule or regulation to which Seller is
subject.

     

    (d)           No Legal
Advice from Buyer.   Seller acknowledges that it has had the opportunity to review this
Agreement and the transactions contemplated by this Agreement with Seller’s own
legal counsel and investment and tax advisors.  Seller is not relying
on any statements or representations of Buyer or any of its representatives or
agents for legal, tax or investment advice with respect to this Agreement or the
transactions contemplated by the Agreement.

     

    (e)           Ownership of
Shares; No Proxy.  Seller is the legal and
beneficial owner of the Shares, has held the Shares for at least sixty
(60) days and will transfer
to Buyer at the Closing good and marketable title to the Shares free and clear
of any liens, claims, security interests, options, charges or any other
encumbrance whatsoever.  Seller beneficially owned all of the Shares
as of the date of this
Agreement and has the sole
right to exercise Redemption Rights and vote the Shares, whether at the
Meeting or upon action by written consent, with respect to all of the
Shares. Except as provided by this Agreement,
Seller has not, directly or indirectly, granted any proxies or entered into any
voting trust or other agreement or arrangement with respect to the
voting, regardless of
whether such vote would occur at the Meeting or upon action by written
consent, of any of
the
Shares.

     

    (f)           Cash
Account.  If the Shares are not
currently held in an account which prohibits rehypothecation by the Seller’s
prime broker, Seller will transfer the Shares into such an account as soon as
practicable following the execution of this Agreement; provided, however, in no event shall such transfer occur
more than two (2) business days from the execution of this
Agreement.

     

    (g)           Non-Transfer
of Shares; Number of Shares.  Except for a transfer of the Shares pursuant to
Section 7(g)(i) – (iii), the Shares which are subject to the
Purchase Option shall not be transferred, sold, assigned or borrowed in any
manner, whether by merger,
consolidation or otherwise by the operation of law, following the execution of this
Agreement.  Seller may
transfer the Shares under the following circumstances: (i) in accordance with
Section 7(f), (ii) to the Buyer or its assigns in connection with the exercise
of the Purchase Option or (iii) to the Company (via its transfer agent or
otherwise) in connection with Seller’s perfection of its demand for Redemption
Rights.

     

    (h)           Seller
Taxes.  Seller
understands that Seller (and not the Buyer) shall be responsible for any and all
tax liabilities of Seller that may arise as a result of the transactions
contemplated by this Agreement.

     

    
      
         

      

      
        5

        
          

        

      

      
        
          CONFIDENTIAL TREATMENT
REQUESTED

          WITH RESPECT TO CERTAIN
PORTIONS HEREOF

          DENOTED WITH
“***”

        

      

    

     

    8.           Representations
and Warranties of Buyer.  Buyer hereby represents to
the Seller that:

     

    (a)           Sophisticated
Buyer.  Buyer is
sophisticated in financial matters and is able to evaluate the risks and
benefits attendant to the purchase of Shares from Seller.

     

    (b)           Independent
Investigation.  Buyer, in making the
decision to (i) pay the Option Price, (ii) exercise the Purchase Option and
(iii) purchase the Shares from Seller, has not relied upon any oral or written
representations or assurances from Seller or any of its officers, directors,
partners or employees or any other representatives or agents of Seller, other
than the representations and warranties set forth in this Agreement.  Buyer has had access to all of the filings
made by the Company with the SEC, pursuant to the Exchange Act and the
Securities Act in each case to the extent available publicly via the SEC’s
Electronic Data Gathering, Analysis and Retrieval system.

     

    (c)           Authority.  This Agreement has been
validly authorized, executed and delivered by Buyer and assuming the due
authorization, execution and delivery thereof by Seller, is a valid and binding
agreement enforceable in accordance with its terms, subject to the general
principles of equity and to bankruptcy or other laws affecting the enforcement
of creditors’ rights generally.  The execution, delivery and
performance of this Agreement by Buyer does not and will not conflict with,
violate or cause a breach of, constitute a default under, or result in a
violation of (i) any agreement, contract or instrument to which Buyer is a party
which would prevent Buyer from performing its obligations hereunder or (ii) any
law, statute, rule or regulation to which Buyer is subject.

     

    (d)           No Legal
Advice from Seller.  Buyer acknowledges that is
has had the opportunity to review this Agreement and the transactions
contemplated by this Agreement with Buyer’s own legal counsel and investment and
tax advisors.  Buyer is relying solely on such counsel and advisors
and not on any statements or representations of Seller or any of its
representatives or agents for legal, tax or investment advice with respect to
this Agreement or the transactions contemplated by this
Agreement.

     

    9.           Covenants.

     

    (a)           Seller.  Seller hereby covenants and
agrees (i) Seller has owned
the Shares for at least sixty (60) days, (ii) Seller will, within 1 business day
of execution of this Agreement, provide instructions to its prime broker
substantially in the form of Exhibit
A, which shall not allow
the Shares to be borrowed by, or lent to, any other person or entity whatsoever,
(iii) that except pursuant
to the terms of this Agreement, Seller shall not, directly or indirectly,
(A) grant any proxies or
enter into any voting trust or other agreement or arrangement with respect to
the voting of any of the
Shares, regardless of whether such vote would occur at the Meeting or upon
action by written consent,(B) sell, assign, transfer, encumber or
otherwise dispose of, or enter into any contract, option or other arrangement or
understanding with respect to the direct or indirect assignment, transfer,
encumbrance or other disposition of, any of the Shares during the term of this Agreement (C)
seek or solicit any such
assignment, transfer, encumbrance or other disposition or any such contract,
option or other arrangement or understanding with respect to the Shares, (iv) Seller
will use reasonable efforts to notify Buyer, and to provide all details
reasonably requested by Buyer, if Seller is approached or solicited, directly or
indirectly, by any reasonably well-known alternative investment or institutional
investor offering to purchase all (or part) of the Shares, (v)
Seller shall comply with
all of its filing obligations, if any,
under the Securities Act,
and the Exchange Act with
respect to the Purchase Option, exercise of the Purchase Option, or any other transactions contemplated by this Agreement;
provided, however, Seller shall file for confidential
treatment of this Agreement, which at a minimum shall include the
Option Price and Section 11, and provided, further, Seller shall, where legally permitted and
practicably possible, allow
counsel to Buyer one (1) day to review any submissions to the SEC (if such Filing contains information with
respect to the Buyer other than what is disclosed in this Agreement) and shall
incorporate reasonable comments that pertain to information regarding
Buyer, (vi) Seller shall not share this
Agreement or disclose any provisions of this Agreement with any other person;
provided, however, Seller may disclose this Agreement to
(A) its group companies and its and their respective employees and (B) its
counsel and other advisors, each of whom Seller shall direct to keep this
Agreement confidential and (C) where required by any law, rule or regulation
(including the rules of a professional body) binding on the Seller and (vii)
upon being contacted by the Company or any of its affiliates, including, but not
limited to the Company’s investment bankers, attorneys or other representatives,
Seller may disclose to the Company that Seller no longer controls the vote with
respect to the Shares as a result of Seller entering into an option agreement
with respect to the Shares.

     

    
      
         

      

      
        6

        
          

        

      

      
        
          CONFIDENTIAL TREATMENT
REQUESTED

          WITH RESPECT TO CERTAIN
PORTIONS HEREOF

          DENOTED WITH
“***”

        

      

    

     

    (b)           Buyer.  Buyer
hereby covenants and agrees that (i) Buyer shall comply with all filing
obligations, if any, under the Securities Act and the Exchange Act, with respect
to the Purchase Option, exercise of the Purchase Option, any subsequent
ownership of the Shares, or any other transactions contemplated by this
Agreement and (ii) Buyer shall be responsible for all costs and expenses of the
Escrow Agent.

    

    10.           Termination.  Notwithstanding any
provision in this Agreement to the contrary, this Agreement shall become null
and void and of no further
force and effect upon the
earlier to occur: (i) termination by the written agreement of
the parties to this Agreement or (ii) the day on which the Company liquidates
its trust account.

     

    11.           Liquidated
Damages.  If
Seller breaches Sections 3, 7(e), 7(g) or 9(a)(iii)(A) or 9(a)(iii)(B) of this
Agreement, Buyer will be
entitled to a payment of
***, with such payment to be paid to the Buyer by Seller within one
(1) business day after
such termination or
breach. Such payment shall be liquidated
damages to compensate the
Buyer for the damages it
shall have sustained as a
result of such breach,
which the parties acknowledge are not capable of being definitively determined
and not as a penalty.  Nothing contained in this Section
11 shall serve to limit Buyer’s right to seek specific performance
and other relief under
Section 15 of this
Agreement.

     

    12.           13D
Filing.  Each of Buyer and Seller acknowledge and understand that
by virtue of this Purchase Option, or the exercise of such Purchase Option,
Buyer and/or
Seller may be required to
file a Schedule 13D or Schedule 13D/A with the U.S. Securities and Exchange
Commission (each,
the “Filing”) and hereby
consents to any such Filing reasonably required in the opinion of
Buyer, Seller and/or their respective counsels.  Each of Buyer and Seller further acknowledge and
understand that Buyer
and/or Seller may be
required, pursuant to the Exchange Act, to divulge certain information of
Buyer and/or Seller, including, but not limited to,
its name, principals, Share position, Option Price, Purchase Price and may be
required to file this Agreement as an exhibit to any such Filing.  Each of Buyer and Seller
further covenant and agree that it shall allow the other party or its counsel
one (1) business day to review the Filing (if such Filing contains information
with respect to the Buyer or Seller (as applicable) other than what is disclosed
in this Agreement) and shall incorporate reasonable comments that pertain to
information regarding such party.

     

    
      
         

      

      
        7

        
          

        

      

      
        
          CONFIDENTIAL TREATMENT
REQUESTED

          WITH RESPECT TO CERTAIN
PORTIONS HEREOF

          DENOTED WITH
“***”

        

      

    

     

    13.           Counterparts;
Facsimile.  This
Agreement may be executed in any number of counterparts, each of which when so
executed shall be deemed to be an original and all of which taken together shall
constitute one and the same instrument.  This Agreement or any
counterpart may be executed via facsimile transmission, and any such executed
facsimile copy shall be treated as an original.

     

    14.           Governing
Law.  This
Agreement shall for all purposes be deemed to be made under and shall be
construed in accordance with the laws of the State of
Delaware.  Each
of the parties hereby agrees that any action, proceeding or claim against it
arising out of or relating in any way to this Agreement shall, to the fullest extent
applicable, be brought and enforced first in the
Delaware Chancery
Court, then to such other
court in the State of Delaware as appropriate and irrevocably submits to such
jurisdiction, which jurisdiction shall be exclusive.  Each of the
parties hereby waives any objection to such exclusive jurisdiction and that such
courts represent an inconvenient forum.

     

    15.           Remedies.  Each of the parties hereto
acknowledges and agrees that, in the event of any breach of any covenant or
agreement contained in this Agreement by the other party, money damages may be
inadequate with respect to any such breach and the non-breaching party may have
no adequate remedy at law.  It is accordingly agreed that each of the
parties hereto shall be entitled, in addition to any other remedy to which they
may be entitled at law or in equity, to seek injunctive relief and/or to compel
specific performance to prevent breaches by the other party hereto of any
covenant or agreement of such other party contained in this
Agreement. Accordingly, Seller hereby agrees Buyer
is entitled to an injunction prohibiting any conduct by the Seller in violation of this Agreement and shall not seek
the posting of any bond in connection with such request for an injunction.
Furthermore, in any action to enforce this Agreement, The parties each waive
their right to assert set-off as a defense.  The non-prevailing
party agrees to pay all
costs and expenses, including reasonable attorneys' and experts' fees incurred by
the prevailing party in
connection with the
enforcement of this Agreement in such amount as may be determined by the court
of competent jurisdiction hearing such dispute.

     

    16.           Severability.  If any term, provision or
covenant of this Agreement is held by a court of competent jurisdiction or other
authority to be invalid, void or unenforceable, the remainder of the terms,
provisions and covenants of this Agreement shall remain in full force and effect
and shall in no way be affected, impaired or invalidated.

     

    
      
         

      

      
        8

        
          

        

      

      
        
          CONFIDENTIAL TREATMENT
REQUESTED

          WITH RESPECT TO CERTAIN
PORTIONS HEREOF

          DENOTED WITH
“***”

        

      

    

     

    17.           Binding
Effect; Assignment and
Transfer.  This
Agreement shall be binding upon and inure to the benefit of the parties hereto
and their respective legal representatives, successors and permitted
assigns.  This Agreement shall not be assigned or transferred by
Seller.  Buyer may assign, transfer or sell any of its rights under
this Agreement at any time prior to the exercise of the Purchase Option
(collectively, a “Transfer”).  All rights and obligations of the Buyer
shall terminate upon any such Transfer and all such rights and obligations shall
be assumed by the transferee.

     

    18.           Headings.  The descriptive headings of
the Sections hereof are inserted for convenience only and do not constitute a
part of this Agreement.

     

    19.           Entire
Agreement; Changes in Writing.  This Agreement constitutes
the entire agreement among the parties hereto and supersedes and cancels any
prior agreements, representations and warranties, whether oral or written, among
the parties hereto relating to the transaction contemplated
hereby.  Neither this Agreement not any provision hereof may be
changed or amended orally, but only by an agreement in writing signed by the
other party hereto.

     

    20.           Notice.  All notices, statements or
other documents which are required or contemplated by this Agreement shall be in
writing and delivered personally or sent by first class registered or certified
mail, electronic mail, overnight courier service or facsimile transmission to
the address or fax number most recently provided to such Person or such other
address or fax number as may be designated in writing by such
Person.  Any notice or other communication so transmitted shall be
deemed to have been given on the day of delivery, if delivered personally or if
sent by electronic mail or facsimile transmission, one (1) business day after
delivery to an overnight courier service or five (5) days after mailing if sent
by mail.

     

    Address for Notice:

     

    
      
        	
                The Malibu Companies,
      LLC

              	
                Arrowgrass Master Fund
      Ltd.  [SELLER]

              
	 	 
	
                15332 Antioch Street #528

                Pacific Palisades, CA 90272

                 

                 

                With a copy
to:

                 

                Ellenoff Grossman & Schole
      LLP

                150 East 42nd Street, 11th Floor

                New York, NY
      10017

                Attn:  Douglas S.
      Ellenoff, Esq.

                 

              	
                PO Box 309, Ugland
      House

                South Church
      Street

                Grand Cayman
      KY1-1104

                Cayman Islands

                 

                 

                With a copy
to:

                 

                Arrowgrass Capital Partners
      LLP

                Level 39, Tower
      42

                25 Old Broad
      Street

                London EC2N
1HQ

                United Kingdom

                Attn:
  Legal

              

      

    

    

     

    [Signature
Page Follows]

     

    
      
         

      

      
        9

        
          

        

      

      
        
          CONFIDENTIAL TREATMENT
REQUESTED

          WITH RESPECT TO CERTAIN
PORTIONS HEREOF

          DENOTED WITH
“***”

        

      

    

     

    IN
WITNESS WHEREOF, the undersigned have executed this Agreement as of the date set
forth on the first page of this Agreement.

     

    
      
        
          
            
              	 	THE
      MALIBU COMPANIES, LLC	 
	 	 	 
	 	 	 	 
	
                       

                    	
                      By:
      

                    	 	 
	 	Name: 
      	Kenneth
      J. Abdalla	 
	 	Title:
      	Managing
      Member	 

            

          

        

      

    

     

    

    
       

      
        
          
            
              
                	 	ARROWGRASS
      MASTER FUND LTD.	 
	 	 	 
	 	 	 	 
	
                         

                      	
                        By:
      

                      	 	 
	 	Name: 
      	 	 
	 	Title:
      	 	 

              

            

          

        

      

       

    

    

    
      	
              Option
      Price (per Share):

            	
              $***

            
	
              Purchase
      Price (per Share)*:

            	 
      
	
              Number
      of Shares:

            	
              1,386,338

            
	
              Aggregate
      Option Price:

            	
              $***

            
	
              Aggregate
      Purchase Price*:

            	 
      

    

    

    

    * Only to
be completed in accordance with Section 2 in the event the Purchase Option is
exercised

     

    
      
         

      

      
         

        
          

        

      

      
        
          CONFIDENTIAL TREATMENT
REQUESTED

          WITH RESPECT TO CERTAIN
PORTIONS HEREOF

          DENOTED WITH
“***”

        

      

    

     

    Schedule 1

    
 

    WIRING
INSTRUCTIONS OF SELLER

    

    

    ***

     

     

    
      
         

      

      
         

        
          

        

      

      
        
          CONFIDENTIAL TREATMENT
REQUESTED

          WITH RESPECT TO CERTAIN
PORTIONS HEREOF

          DENOTED WITH
“***”

        

      

    

    

    [LETTERHEAD
OF SELLER]

    

    

    

    

    

    [INSERT
BROKER NAME]

    [INSERT
BROKER ADDRESS]

    [INSERT
ATTN: DETAILS]

    

    

    RE:
Account No. [INSERT ACCOUNT NUMBER]

    

    Gentlemen:

    

    [NAME OF SELLER] (“we” or the
“Company”) are writing in regards to the above referenced account number (the
“Account”) held by [INSERT NAME OF BROKER] (“you”).  With respect to
[NUMBER] of shares of the common stock of Prospect Acquisition Corp. (the
“Shares”) held in our Account, we hereby request that you do not, in any manner
whatsoever, lend, or allow to be borrowed, for any period of time whatsoever,
such Shares.

    

    
      
        
          
            
              	 	Very
      truly yours,	 
	 	 	 
	 	[SELLER]	 
	 	 	 	 
	
                       

                    	
                      By:
      

                    	 	 
	 	Name: 	 	 
	 	Title:	 	 

            

          

        

      

     

    

    Agreed to
and accepted:

    

    [BROKER]

     

    
      
        
          
            
              	 	 	 	 	 	 
	By:
      	
                       

                    	 	 	
                       

                    	 
	Name: 
      	
                       

                    	 	 	
                    	 
	Title:	
                       

                    	 	 	
                       

                    	 

            

          

        

      

    

     

    
      
         

      

      
        1

        
          

        

      

      
         

          CONFIDENTIAL TREATMENT
REQUESTED

          WITH RESPECT TO CERTAIN
PORTIONS HEREOF

          DENOTED WITH
“***”

        

      

    

    

    [LETTERHEAD
OF BUYER]

    

    

    

    

    

    [INSERT
ESCROW AGENT NAME]

    [INSERT
ESCROW AGENT ADDRESS]

    [INSERT
ATTN: DETAILS]

    

    

    RE:
Account No. [INSERT ACCOUNT NUMBER]

    

    Gentlemen:

    

    [NAME OF BUYER] (“we” or the “Company”)
are writing in regards to the above referenced account number held by [INSERT
NAME OF ESCROW AGENT] (“you”).  Pursuant to the terms of an Option
Purchase Agreement between the Company and [INSERT SELLER], the Company has
exercised its option to purchase [INSERT NUMBER] of shares (the “Shares”) of the
common stock of Prospect Acquisition Corp.  In consideration for the
electronic transfer of the Shares, [using the Depository Trust Company’s DWAC
(Deposit/Withdrawal at Custodian) System], to the Company’s specified account,
you are hereby irrevocably instructed to wire [AMOUNT] to [SELLER], in
accordance with the wiring instructions provided below.

    

    

    

    [INSERT
WIRE INSTRUCTIONS]

     

    
      
         

      

      
        1

        
          

        

      

      
         

          CONFIDENTIAL TREATMENT
REQUESTED

          WITH RESPECT TO CERTAIN
PORTIONS HEREOF

          DENOTED WITH
“***”

        

      

    

    

    The
address for [SELLER] is [ADDRESS].  The contact person for [SELLER] is
[PERSON].  He can be reached at [NUMBER].

    

    Kindly acknowledge where indicated
below, your receipt and understanding of these instructions and return a copy to
Ellenoff Grossman & Schole LLP, attn: David E. Kutcher, Esq., facsimile
number (646)-895-7187 and Arrowgrass Capital Partners LLP facsimile +44 203 100
1363.

    

    A facsimile signed and electronically
delivered copy of this letter shall be deemed an original.

    

    
      

      
        
          
            
              
                	 	Very
      truly yours,	 
	 	 	 
	 	[BUYER]	 
	 	 	 	 
	
                         

                      	
                        By:
      

                      	 	 
	 	Name: 	 	 
	 	Title:	 	 

              

            

          

        

      

    

    

    

    Acknowledged
and Agreed:

    

    [ESCROW
AGENT]

    

    
       

      
        
          
            
              
                	 	 	 	 	 	 
	By:
      	
                         

                      	 	 	
                         

                      	 
	Name: 
      	
                         

                      	 	 	
                      	 
	Title:	
                         

                      	 	 	
                         

                      	 

              

            

          

        

      

       

    

    

    [SELLER]

    

       

      
        
          
            
              
                	 	 	 	 	 	 
	By:
      	
                         

                      	 	 	
                         

                      	 
	Name: 
      	
                         

                      	 	 	
                      	 
	Title:	
                         

                      	 	 	
                         

                      	 

              

            

          

        

      

    

     

    
      
         

      

      
        2Exhibit
4.4

    

    THIS
WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”),
OR ANY OTHER SECURITIES LAWS AND MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED,
PLEDGED OR HYPOTHECATED IN THE ABSENCE OF (1) AN EFFECTIVE REGISTRATION
STATEMENT COVERING SUCH SECURITIES UNDER THE SECURITIES ACT AND ANY OTHER
APPLICABLE SECURITIES LAWS, OR (2) AN OPINION OF COUNSEL REASONABLY SATISFACTORY
TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.

    

    GOLDEN
GREEN ENTERPRISES LIMITED

    

    WARRANT

    

    __________
Ordinary Shares

    

    November
__, 2009

    

    This
WARRANT (this “Warrant”) of Golden Green
Enterprises Limited, a company duly organized and validly existing under the
laws of the British Virgin Islands (the “Company”), is being issued
pursuant to that certain Underwriting Agreement, dated as of
[                       ],
2009, by and between the Company and Maxim Group LLC, the representative of the
Underwriters (the “Representative”) relating to a
firm commitment public offering (the “Offering”) of _______ ordinary
shares, no par value (the “Ordinary Shares”), of the
Company.

    

    FOR VALUE RECEIVED, the
Company hereby grants to Maxim Group LLC and its permitted successors and
assigns (collectively, the “Holder”) the right to purchase
from the Company up to __________________ (___________) Ordinary Shares (such
Ordinary Shares underlying this Warrant, the “Warrant Shares”), at a per
share purchase price equal to
$[           ] [120% OF THE PUBLIC OFFERING
PRICE] (the “Exercise
Price”), subject to the terms, conditions and adjustments set forth below
in this Warrant.

    

    1.           Vesting of
Warrant.  This Warrant shall vest and become exercisable on the
six month anniversary of the Base Date (the “Vesting Date”).  For
purposes of this Warrant, the “Base Date” shall mean
[                       ],
2009.  Except as otherwise provided for herein or as permitted by
applicable rules of the Financial Industry Regulatory Authority ("FINRA"), this
Warrant shall not be sold, transferred, assigned, pledged or hypothecated prior
to the Vesting Date.

    

    2.           Expiration of
Warrant.  This Warrant shall expire on the five (5) year
anniversary of the Base Date (the “Expiration
Date”).

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    3.           Exercise of
Warrant.  This Warrant shall be exercisable pursuant to the
terms of this Section 3.

    

    3.1           Manner of
Exercise.

    

    (a)           This
Warrant is exercisable in whole or in part at any time and from time to
time.  Such exercise shall be effectuated by submitting to the Company
(either by delivery to the Company or by facsimile transmission as provided in
Section 12 hereof) a completed and duly executed Notice of Exercise
(substantially in the form attached to this Warrant) as provided in this
paragraph.  The date such Notice of Exercise is faxed to the Company
shall be the "Exercise Date," provided that the Holder of this Warrant tenders
this Warrant Certificate to the Company within five (5) business days
thereafter.  The Notice of Exercise shall be executed by the Holder of
this Warrant and shall indicate the number of Warrant Shares then being
purchased pursuant to such exercise. Upon surrender of this Warrant Certificate,
together with appropriate payment of the Exercise Price for the Warrant Shares
purchased, the Holder shall be entitled to receive a certificate or certificates
for the Ordinary Shares so purchased.  The Exercise Price may be paid
in a “cashless” or “cash” exercise or a combination thereof pursuant to Section
3.1(b) and/or Section 3.1(c) below.

     

    (b)           If
the Notice of Exercise form elects a "cashless" exercise, the Holder shall
thereby be entitled to receive a number of Ordinary Shares determined as
follows:

     

    X = Y [(A
– B)/A]

     

    where:

     

    X = the
number of Warrant Shares to be issued to the Holder.

     

    Y = the
number of Warrant Shares with respect to which this Warrant is being
exercised.

     

    A = the
Fair Market Value

     

    B = the
Exercise Price.

     

    For
purposes of this Section 3.1(b), "Fair Market Value" shall be the closing price
of the Ordinary Shares as reported by the OTC Bulletin Board, or if listed on a
national securities exchange or quoted on an automated quotation service, such
national securities exchange or automated quotation service, on the date
immediately prior to the Exercise Date. If the
Ordinary Shares are not then listed on a national stock exchange or quoted on
the OTC Bulletin Board or such other quotation system or association, the Fair
Market Value of one Ordinary Share as of the date of determination, shall be as
determined in good faith by the Board of Directors of the Company and the
Holder.  If the Ordinary Shares are not then listed on a national
securities exchange, the OTC Bulletin Board or such other quotation system or
association, the Board of Directors of the Company shall respond promptly, in
writing, to an inquiry by the Holder prior to the exercise hereunder as to the
fair market value of an Ordinary Share as determined by the Board of Directors
of the Company.  In the event that the Board of Directors of the
Company and the Holder are unable to agree upon the fair market value, the
Company and the Holder shall jointly select an appraiser, who is experienced in
such matters.  The decision of such appraiser shall be final and
conclusive, and the cost of such appraiser shall be borne equally by the Company
and the Holder.  Such adjustment shall be made successively whenever
such a payment date is fixed.

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    (c)           If
the Notice of Exercise form elects a "cash" exercise, the Exercise Price per
Ordinary Share for the shares then being exercised shall be payable in cash or
by certified or official bank check.

     

    

    3.2           When Exercise
Effective.  Each exercise of this Warrant shall be deemed to
have been effected immediately prior to the close of business on the Business
Day on which this Warrant shall have been duly surrendered to the Company as
provided in Sections 3.1 and 12 hereof, and, at such time, the Holder in whose
name any certificate or certificates for Warrant Shares shall be issuable upon
exercise as provided in Section 3.3 hereof shall be deemed to have become the
holder or holders of record thereof of the number of Warrant Shares purchased
upon exercise of this Warrant.

    

    3.3           Delivery of Ordinary Share
Certificates and New Warrant.  As soon as reasonably
practicable after each exercise of this Warrant, in whole or in part, and in any
event within five (5) Business Days thereafter, the Company, at its expense
(including the payment by it of any applicable issue taxes), will cause the name
of the Holder (or as Holder may direct) to be entered in the register of members
in respect of the Warrant Shares and further cause to be issued in the name of
and delivered to the Holder hereof or, subject to Sections 9 and 10 hereof, as
the Holder (upon payment by the Holder of any applicable transfer taxes) may
direct:

    

    (a)           a
certificate or certificates (with appropriate restrictive legends, as
applicable) for the number of duly authorized, validly issued, fully paid and
nonassessable Warrant Shares to which the Holder shall be entitled upon
exercise; and

    

    (b)           in
case exercise is in part only, a new Warrant document of like tenor, dated the
date hereof, for the remaining number of Warrant Shares issuable upon exercise
of this Warrant after giving effect to the partial exercise of this Warrant
(including the delivery of any Warrant Shares as payment of the Exercise Price
for such partial exercise of this Warrant).

    

    4.           Certain
Adjustments.  For so long as this Warrant is
outstanding:

    

    4.1           Mergers or
Consolidations.  If at any time after the date hereof there
shall be a capital reorganization (other than a combination or subdivision of
the Ordinary Shares otherwise provided for herein) resulting in a
reclassification to or change in the terms of securities issuable upon exercise
of this Warrant (a “Reorganization”), or a merger
or consolidation of the Company with another corporation, association,
partnership, organization, business, individual, government or political
subdivision thereof or a governmental agency (a “Person” or the “Persons”) (other than a merger
with another Person in which the Company is a continuing corporation and which
does not result in any reclassification or change in the terms of securities
issuable upon exercise of this Warrant or a merger effected exclusively for the
purpose of changing the domicile of the Company) (a “Merger”), then, as a part of
such Reorganization or Merger, lawful provision and adjustment shall be made so
that the Holder shall thereafter be entitled to receive, upon exercise of this
Warrant, the number of shares of stock or any other equity or debt securities or
property receivable upon such Reorganization or Merger by a holder of the number
of Ordinary Shares which might have been purchased upon exercise of this Warrant
immediately prior to such Reorganization or Merger.  In any such case,
appropriate adjustment shall be made in the application of the provisions of
this Warrant with respect to the rights and interests of the Holder after the
Reorganization or Merger to the end that the provisions of this Warrant
(including adjustment of the Exercise Price then in effect and the number of
Warrant Shares) shall be applicable after that event, as near as reasonably may
be, in relation to any shares of stock, securities, property or other assets
thereafter deliverable upon exercise of this Warrant.  The provisions
of this Section 4.1 shall similarly apply to successive Reorganizations and/or
Mergers.

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    4.2           Splits and Subdivisions;
Dividends.  In the event the Company should at any time or from
time to time effectuate a split or subdivision of the outstanding Ordinary
Shares or pay a dividend in or make a distribution payable in additional
Ordinary Shares or other securities or rights convertible into, or entitling the
holder thereof to receive, directly or indirectly, additional Ordinary Shares
(hereinafter referred to as the “Ordinary Share Equivalents”)
without payment of any consideration by such holder for the additional Ordinary
Shares or Ordinary Shares Equivalents (including the additional Ordinary Shares
issuable upon conversion or exercise thereof), then, as of the applicable record
date (or the date of such distribution, split or subdivision if no record date
is fixed), the per share Exercise Price shall be appropriately decreased and the
number of Warrant Shares shall be appropriately increased in proportion to such
increase (or potential increase) of outstanding shares; provided, however, that
no adjustment shall be made in the event the split, subdivision, dividend or
distribution is not effectuated.

    

    4.3           Combination of
Shares.  If the number of Ordinary Shares outstanding at any
time after the date hereof is decreased by a combination of the outstanding
Ordinary Shares, the per share Exercise Price shall be appropriately increased
and the number of shares of Warrant Shares shall be appropriately decreased in
proportion to such decrease in outstanding shares.

    

    4.4           Adjustments for Other
Distributions.  In the event the Company shall declare a
distribution payable in securities of other Persons, evidences of indebtedness
issued by the Company or other Persons, assets (excluding cash dividends or
distributions to the holders of Common Stock paid out of current or retained
earnings and declared by the Company’s board of directors) or options or rights
not referred to in Sections 4.1, 4.2 or 4.3, then, in each such case for the
purpose of this Section 4.4, upon exercise of this Warrant, the Holder shall be
entitled to a proportionate share of any such distribution as though the Holder
was the actual record holder of the number of Warrant Shares as of the record
date fixed for the determination of the holders of Ordinary Shares of the
Company entitled to receive such distribution.

    

    5.           No
Impairment.  The Company will not, by amendment of its
memorandum and articles of association or through any consolidation, merger,
reorganization, transfer of assets, dissolution, issue or sale of securities or
any other voluntary action, avoid or seek to avoid the observance or performance
of any of the terms of this Warrant, but will at all times in good faith assist
in the carrying out of all of the terms and in the taking of all actions
necessary or appropriate in order to protect the rights of the Holder against
impairment.

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    6.           Chief Financial Officer’s
Report as to Adjustments.  With respect to each adjustment
pursuant to Section 4 of this Warrant, the Company, at its expense, will
promptly compute the adjustment or re-adjustment in accordance with the terms of
this Warrant and cause its Chief Financial Officer to certify the computation
(other than any computation of the fair value of property of the Company, as the
case may be) and prepare a report setting forth, in reasonable detail, the event
requiring the adjustment or re-adjustment and the amount of such adjustment or
re-adjustment, the method of calculation thereof and the facts upon which the
adjustment or re-adjustment is based, and the Exercise Price and the number of
Warrant Shares or other securities purchasable hereunder after giving effect to
such adjustment or re-adjustment,  which report shall be mailed by
first class mail, postage prepaid to the Holder.  The Company will
also keep copies of all reports at its office maintained pursuant to Section
10.2(a) hereof and will cause them to be available for inspection at the office
during normal business hours upon reasonable notice by the Holder or any
prospective purchaser of the Warrant designated by the Holder
thereof.

    

    7.           Reservation of
Shares.  The Company shall, solely for the purpose of effecting
the exercise of this Warrant, at all times during the term of this Warrant,
reserve and keep available out of its authorized Ordinary Shares, free from all
taxes, liens and charges with respect to the issue thereof and not subject to
preemptive rights or other similar rights of shareholders of the Company, such
number of its Ordinary Shares as shall from time to time be sufficient to effect
in full the exercise of this Warrant.  If at any time the number of
authorized but unissued Ordinary Shares shall not be sufficient to effect in
full the exercise of this Warrant, in addition to such other remedies as shall
be available to Holder, the Company will promptly take such corporate action as
may, in the opinion of its counsel, be necessary to increase the number of
authorized but unissued Ordinary Shares to such number of shares as shall be
sufficient for such purposes, including without limitation, using its best
efforts to obtain the requisite shareholder approval necessary to increase the
number of authorized Ordinary Shares.  The Company hereby represents
and warrants that all Ordinary Shares issuable upon exercise of this Warrant
shall be duly authorized and, when issued and paid for upon exercise, shall be
validly issued, fully paid and nonassessable.

    

    8.           Registration and
Listing.

    

    8.1           Definition of Registrable
Securities; Majority.  As used herein, the term “Registrable Securities” means
any Ordinary Shares issuable upon the exercise of this Warrant, until the date
(if any) on which such shares shall have been transferred or exchanged and new
certificates for them not bearing a legend restricting further transfer shall
have been delivered by the Company and subsequent disposition of them shall not
require registration or qualification of them under the Securities Act or any
similar state law then in force.  For purposes of this Warrant, the
term “Majority”, in
reference to the holders of Registrable Securities, shall mean in excess of
fifty percent (50%) of the then outstanding Warrant Shares (assuming the
exercise of the entire Warrant) that (i) are not held by the Company, an
affiliate, officer, creditor, employee or agent thereof or any of their
respective affiliates, members of their family, Persons acting as nominees or in
conjunction therewith and (ii) have not be resold to the public pursuant to a
registration statement filed under the Securities Act.

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    8.2           Required
Registration.

    

    (a)           At
any time on or after the six month anniversary of the Base Date and on or before
the five (5) year anniversary of the Base Date, but in no event on not more than
two (2) occasions (the second of which effected required registrations (as
described in Section 8.2(c)) pursuant to this Section 8.2(a) would be payable by
the Holder pursuant to Section 8.6), upon the written request of the holders of
the Registrable Securities representing a Majority of such securities, the
Company will use its best efforts to effect the registration of the respective
shares of the holders of Registrable Securities under the Securities Act to the
extent requisite to permit the disposition thereof as expeditiously as
reasonably possible, but in no event later than 120 days from the date of such
request.

    

    (b)           Registration
of Registrable Securities under this Section 8.2 shall be on such appropriate
registration form: (i) as shall be selected by the Company, and (ii) as shall
permit the disposition of such Registrable Securities in accordance with this
Section 8.2.  The Company agrees to include in any such registration
statement all information which the requesting holders of Registrable Securities
shall reasonably request, which is required to be contained
therein.  The Company will pay all Registration Expenses in connection
with the first, and only the first, effected required registration (as described
in Section 8.2(c)) of Registrable Securities pursuant to this Section
8.2.  The Holder or holders whose shares are being registered shall
pay all expenses associated with the second effected required registration of
Registrable Securities pursuant to Section 8.2.

    

    (c)           A
registration requested pursuant to this Section 8.2 shall not be deemed to have
been effected: (i) unless a registration statement with respect thereto has
become effective or (ii) if, after it has become effective, such registration is
interfered with by any stop order, injunction or other order or requirement of
the Securities and Exchange Commission (the “SEC”) or other governmental
agency or court of competent jurisdiction for any reason, other than by reason
of some act or omission by a holder of Registrable Securities.

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    8.3           Incidental Registration
Rights.

    

    (a)           If
the Company, at any time on or after the six month anniversary of the Base Date
and on or before the seven (7) year anniversary of the Base Date, proposes to
register any of its securities under the Securities Act (other than in
connection with a registration on Form S-4 or S-8 or comparable forms used by
foreign private issuers or any successor forms) whether for its own account or
for the account of any holder or holders of its shares other than Registrable
Securities (any shares of such holder or holders (but not those of the Company
and not Registrable Securities) with respect to any registration are referred to
herein as, “Other
Shares”), the Company shall each such time give prompt (but not less than
thirty (30) days prior to the anticipated effectiveness thereof) written notice
to the holders of Registrable Securities of its intention to do
so.  Upon the written request of any such holder of Registrable
Securities made within twenty (20) days after the receipt of any such notice
(which request shall specify the Registrable Securities intended to be disposed
of by such holder), except as set forth in Section 8.3(b), the Company will use
its best efforts to effect the registration under the Securities Act of all of
the Registrable Securities which the Company has been so requested to register
by such holder, to the extent requisite to permit the disposition of the
Registrable Securities so to be registered, by inclusion of such Registrable
Securities in the registration statement which covers the securities which the
Company proposes to register; provided, however, that if,
at any time after giving written notice of its intention to register any
securities and prior to the effective date of the registration statement filed
in connection with such registration, the Company shall determine for any reason
in its sole discretion either to not register, to delay or to withdraw
registration of such securities, the Company may, at its election, give written
notice of such determination to such holder and, thereupon, (i) in the case of a
determination not to register, shall be relieved of its obligation to register
any Registrable Securities in connection with such registration (but not from
its obligation to pay the Registration Expenses in connection therewith),
without prejudice, however, to the rights of the holders of Registrable
Securities entitled to request that such registration be effected as a
registration under Section 8.2, (ii) in the case of a determination to delay
registration, shall be permitted to delay registering any Registrable Securities
for the same period as the delay in registering such other securities (including
the Other Shares), without prejudice, however, to the rights of the holders of
Registrable Securities entitled to request that such registration be effected as
a registration under Section 8.2 and (iii) in the case of a determination to
withdraw registration, shall be permitted to withdraw registration, without
prejudice, however, to the rights of the holders of Registrable Securities
entitled to request that such registration be effected as a registration under
Section 8.2.  No registration effected under this Section 8.3 shall
relieve the Company of its obligation to effect any registration upon request
under Section 8.2, nor shall any such registration hereunder be deemed to have
been effected pursuant to Section 8.2.  The Company will pay all
Registration Expenses in connection with each registration of Registrable
Securities pursuant to this Section 8.3.

    

    (b)           If
the Company at any time proposes to register any of its securities under the
Securities Act as contemplated by this Section 8.3 and such securities are to be
distributed by or through one or more underwriters, the Company will, if
requested by a holder of Registrable Securities, use its best efforts to arrange
for such underwriters to include all the Registrable Securities to be offered
and sold by such holder among the securities to be distributed by such
underwriters, provided that if the managing underwriter of such underwritten
offering shall inform the Company by letter of its belief that inclusion in such
distribution of all or a specified number of such securities proposed to be
distributed by such underwriters would interfere with the successful marketing
of the securities being distributed by such underwriters (such letter to state
the basis of such belief and the approximate number of such Registrable
Securities, such Other Shares and shares held by the Company proposed so to be
registered which may be distributed without such effect), then the Company may,
upon written notice to such holder, the other holders of Registrable Securities,
and holders of such Other Shares, reduce pro rata in accordance with the number
of Ordinary Shares desired to be included in such registration (if and to the
extent stated by such managing underwriter to be necessary to eliminate such
effect) the number of such Registrable Securities and Other Shares the
registration of which shall have been requested by each holder thereof so that
the resulting aggregate number of such Registrable Securities and Other Shares
so included in such registration, together with the number of securities to be
included in such registration for the account of the Company, shall be equal to
the number of shares stated in such managing underwriter’s
letter.

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    8.4           Registration
Procedures.  Whenever the holders of Registrable Securities
have properly requested that any Registrable Securities be registered pursuant
to the terms of this Warrant, the Company shall use its best efforts to effect
the registration and the sale of such Registrable Securities in accordance with
the intended method of disposition thereof, and pursuant thereto the Company
shall as expeditiously as possible:

    

    (a)           prepare
and file with the SEC a registration statement with respect to such Registrable
Securities and use its best efforts to cause such registration statement to
become effective;

     

    (b)           notify
such holders of the effectiveness of each registration statement filed hereunder
and prepare and file with the SEC such amendments and supplements to such
registration statement and the prospectus used in connection therewith as may be
necessary to (i) keep such registration statement effective and the prospectus
included therein usable for a period commencing on the date that such
registration statement is initially declared effective by the SEC and ending on
the date when all Registrable Securities covered by such registration statement
have been sold pursuant to the registration statement or cease to be Registrable
Securities, and (ii) comply with the provisions of the Securities Act with
respect to the disposition of all securities covered by such registration
statement during such period in accordance with the intended methods of
disposition by the sellers thereof set forth in such registration
statement;

    

    (c)           furnish
to such holders such number of copies of such registration statement, each
amendment and supplement thereto, the prospectus included in such registration
statement (including each preliminary prospectus) and such other documents as
such seller may reasonably request in order to facilitate the disposition of the
Registrable Securities owned by such holders;

    

    (d)           use
its best efforts to register or qualify such Registrable Securities under such
other securities or blue sky laws of such jurisdictions as such holders
reasonably request and do any and all other acts and things which may be
reasonably necessary or advisable to enable such holders to consummate the
disposition in such jurisdictions of the Registrable Securities owned by such
holders; provided, however, that the
Company shall not be required to: (i) qualify generally to do business in any
jurisdiction where it would not otherwise be required to qualify but for this
subparagraph; (ii) subject itself to taxation in any such jurisdiction; or (iii)
consent to general service of process in any such jurisdiction;

    

    (e)           notify
such holders, at any time when a prospectus relating thereto is required to be
delivered under the Securities Act, of the happening of any event as a result of
which the prospectus included in such registration statement contains an untrue
statement of a material fact or omits any material fact necessary to make the
statements therein, in light of the circumstances in which they are made, not
materially misleading, and, at the reasonable request of such holders, the
Company shall prepare a supplement or amendment to such prospectus so that, as
thereafter delivered to the purchasers of such Registrable Securities, such
prospectus shall not contain an untrue statement of a material fact or omit to
state any material fact necessary to make the statements therein, in light of
the circumstances in which they are made, not materially
misleading;

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    (f)           provide
a transfer agent and registrar for all such Registrable Securities not later
than the effective date of such registration statement;

    

    (g)           make
available for inspection by any underwriter participating in any disposition
pursuant to such registration statement, and any attorney, accountant or other
agent retained by any such underwriter, all financial and other records,
pertinent corporate documents and properties of the Company, and cause the
Company’s officers, directors, managers, employees and independent accountants
to supply all information reasonably requested by any such underwriter,
attorney, accountant or agent in connection with such registration
statement;

    

    (h)           otherwise
use its best efforts to comply with all applicable rules and regulations of the
SEC, and make available to its security holders, as soon as reasonably
practicable, an earnings statement of the Company, which earnings statement
shall satisfy the provisions of Section 11(a) of the Securities Act and, at the
option of the Company, Rule 158 thereunder;

    

    (i)           in
the event of the issuance of any stop order suspending the effectiveness of a
registration statement, or of any order suspending or preventing the use of any
related prospectus or suspending the qualification of any Registrable Securities
included in such registration statement for sale in any jurisdiction, the
Company shall use its best efforts promptly to obtain the withdrawal of such
order;

    

    (j)           use
its best efforts to cause any Registrable Securities covered by such
registration statement to be registered with or approved by such other
governmental agencies or authorities as may be necessary to enable the sellers
thereof to consummate the disposition of such Registrable Securities;
and

    

    (k)           if
the offering is underwritten, use its best efforts to furnish on the date that
Registrable Securities are delivered to the underwriters for sale pursuant to
such registration, an opinion dated such date of counsel representing the
Company for the purposes of such registration, addressed to the underwriters
covering such issues as are reasonably required by such
underwriters.

    

    8.5           Listing.  The
Company shall secure the listing of the Common Stock underlying this Warrant
upon each national securities exchange or automated quotation system upon which
Ordinary Shares are then listed (subject to official notice of issuance) and
shall maintain such listing of Ordinary Shares.  The Company shall at
all times comply in all material respects with the Company’s reporting, filing
and other obligations under the by-laws or rules of the Nasdaq Global Market (or
such other national securities exchange or market on which the Ordinary Shares
may then be listed, as applicable).

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

    8.6           Expenses.  The
Company shall pay all Registration Expenses relating to the registration and
listing obligations set forth in this Section 8, except that the Holder shall be
responsible for the Registration Expenses for the second effected required
registration pursuant to Section 8.2(a).  For purposes of this
Warrant, the term “Registration
Expenses” means: (a) all registration, filing and FINRA fees, (b) all
reasonable fees and expenses of complying with securities or blue sky laws, (c)
all word processing, duplicating and printing expenses, (d) the fees and
disbursements of counsel for the Company and of its independent public
accountants, including the expenses of any special audits or “cold comfort”
letters required by or incident to such performance and compliance, (e) premiums
and other costs of policies of insurance (if any) against liabilities arising
out of the public offering of the Registrable Securities being registered if the
Company desires such insurance, if any, and (f) fees and disbursements of one
counsel for the selling holders of Registrable
Securities.  Registration Expenses shall not include any underwriting
discounts and commissions which may be incurred in the sale of any Registrable
Securities and transfer taxes of the selling holders of Registrable
Securities.

     

    8.7           Restrictions.  The
Company shall not be obligated to effect a registration pursuant to Section 8.2
during the period beginning on the date sixty (60) days prior to the Company’s
good faith estimate of the date of filing of, and ending on a date one hundred
twenty (120) days after the effective date of, a Company-initiated registration
(other than a registration pursuant to Form S-8), provided that: (i) if the
holder of Registrable Securities elects to have all or some of its Registrable
Securities included in the registration pursuant to Section 8.3 hereof, such
Registrable Securities are included in the Company-initiated registration
statement only to the extent required hereunder and (ii) the Company is actively
employing in best efforts to cause such registration to become
effective.

     

    8.8           Information Provided by
Holders.  Any holder of Registrable Securities included in any
registration shall furnish to the Company such information as the Company may
reasonably request in writing to enable the Company to comply with the
provisions hereof in connection with any registration referred to in this
Warrant.  In the event that a holder of Registrable Securities fails
to provide such information on a timely basis, and in any event within seven (7)
Business Days of the Company’s written request, then the Company shall be
entitled to exclude the Registrable Securities of such holder from such
registration and the Company shall nevertheless be deemed to have satisfied its
obligations hereunder with respect to such registration.

     

    9.           Restrictions on
Transfer.

    

    9.1           Restrictive
Legends.  This Warrant and each Warrant issued upon transfer or
in substitution for this Warrant pursuant to Section 10 hereof, each certificate
for Ordinary Shares issued upon the exercise of the Warrant and each certificate
issued upon the transfer of any such Ordinary Shares shall be transferable only
upon satisfaction of the conditions specified in this Section 9.  Each
of the foregoing securities shall be stamped or otherwise imprinted with a
legend reflecting the restrictions on transfer set forth herein and any
restrictions required under the Securities Act or other applicable securities
laws.

    

    9.2           Notice of Proposed
Transfer.  Prior to any transfer of any securities which are
not registered under an effective registration statement under the Securities
Act (“Restricted
Securities”), which transfer may only occur if there is an exemption from
the registration provisions of the Securities Act and all other applicable
securities laws, the Holder will give written notice to the Company of the
Holder’s intention to effect a transfer (and shall describe the manner and
circumstances of the proposed transfer). The following provisions shall apply to
any proposed transfer of Restricted Securities:

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

    (i)           If
in the opinion of counsel for the Holder reasonably satisfactory to the Company
the proposed transfer may be effected without registration of the Restricted
Securities under the Securities Act (which opinion shall state in detail the
basis of the legal conclusions reached therein), the Holder shall thereupon be
entitled to transfer the Restricted Securities in accordance with the terms of
the notice delivered by the Holder to the Company.  Each certificate
representing the Restricted Securities issued upon or in connection with any
transfer shall bear the restrictive legends required by Section 9.1
hereof.

    

    (ii)           If
the opinion called for in (i) above is not delivered, the Holder shall not be
entitled to transfer the Restricted Securities until either (x) receipt by the
Company of a further notice from such Holder pursuant to the foregoing
provisions of this Section 9.2 and fulfillment of the provisions of clause (i)
above, or (y) such Restricted Securities have been effectively registered under
the Securities Act.

    

    9.3           Certain Other Transfer
Restrictions.  Notwithstanding any other provision of this
Section 9: (i) prior to the Vesting Date, this Warrant or the Restricted
Securities thereunder may only be transferred or assigned to the persons
permitted under FINRA Rule 5110(g), and (ii) no opinion of counsel shall be
necessary for a transfer of Restricted Securities by the holder thereof to any
Person employed by or owning equity in the Holder, if the transferee agrees in
writing to be subject to the terms hereof to the same extent as if the
transferee were the original purchaser hereof and such transfer is permitted
under applicable securities laws.

    

    9.4           Termination of
Restrictions.  Except as set forth in Section 9.3 hereof, the
restrictions imposed by this Section 9 upon the transferability of Restricted
Securities shall cease and terminate as to any particular Restricted Securities:
(a) which shall have been effectively registered under the Securities Act, or
(b) when, in the opinions of both counsel for the holder thereof and counsel for
the Company, such restrictions are no longer required in order to insure
compliance with the Securities Act or Section 10 hereof.  Whenever
such restrictions shall cease and terminate as to any Restricted Securities, the
Holder thereof shall be entitled to receive from the Company, without expense
(other than applicable transfer taxes, if any), new securities of like tenor not
bearing the applicable legends required by Section 9.1 hereof.

    

    10.           Ownership, Transfer and
Substitution of Warrant.

    

    10.1           Ownership of
Warrant.  The Company may treat any Person in whose name this
Warrant is registered in the Warrant Register maintained pursuant to Section
10.2(b) hereof as the owner and holder thereof for all purposes, notwithstanding
any notice to the contrary, except that, if and when any Warrant is properly
assigned in blank, the Company may (but shall not be obligated to) treat the
bearer thereof as the owner of such Warrant for all purposes, notwithstanding
any notice to the contrary.  Subject to Sections 9 and 10 hereof, this
Warrant, if properly assigned, may be exercised by a new holder without a new
Warrant first having been issued.

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

    10.2           Office; Exchange of
Warrant.

    

    (a)           The
Company will maintain its principal office at the location identified in the
prospectus relating to the Offering or at such other offices as set forth in the
Company’s most current filing (as of the date notice is to be given) under the
Exchange Act or as the Company otherwise notifies the Holder.

    

    (b)           The
Company shall cause to be kept at its office maintained pursuant to Section
10.2(a) hereof a Warrant Register for the registration and transfer of the
Warrant.  The name and address of the holder of the Warrant, the
transfers thereof and the name and address of the transferee of the Warrant
shall be registered in such Warrant Register.  The Person in whose
name the Warrant shall be so registered shall be deemed and treated as the owner
and holder thereof for all purposes of this Warrant, and the Company shall not
be affected by any notice or knowledge to the contrary.

    

    (c)           Upon
the surrender of this Warrant, properly endorsed, for registration of transfer
or for exchange at the office of the Company maintained pursuant to Section
10.2(a) hereof, the Company at its expense will (subject to compliance with
Section 9 hereof, if applicable) execute and deliver to or upon the order of the
Holder thereof a new Warrant of like tenor, in the name of such holder or as
such holder (upon payment by such holder of any applicable transfer taxes) may
direct, calling in the aggregate on the face thereof for the number of Ordinary
Shares called for on the face of the Warrant so surrendered (after giving effect
to any previous adjustment(s) to the number of Warrant Shares).

    

    10.3           Replacement of
Warrant.  Upon receipt of evidence reasonably satisfactory to
the Company of the loss, theft, destruction or mutilation of this Warrant and,
in the case of any such loss, theft or destruction of this Warrant, upon
delivery of indemnity reasonably satisfactory to the Company in form and amount
or, in the case of any mutilation, upon surrender of this Warrant for
cancellation at the office of the Company maintained pursuant to Section 10.2(a)
hereof, the Company, at its expense, will execute and deliver, in lieu thereof,
a new Warrant of like tenor and dated the date hereof.

    

    11.           No Rights or Liabilities as
Stockholder.  No Holder shall be entitled to vote or receive
dividends or be deemed the holder of any Ordinary Shares or any other securities
of the Company which may at any time be issuable on the exercise hereof for any
purpose, nor shall anything contained herein be construed to confer upon the
Holder, as such, any of the rights of a shareholder of the Company or any right
to vote for the election of directors or upon any matter submitted to
shareholders at any meeting thereof, or to give or withhold consent to any
corporate action (whether upon any recapitalization, issuance of shares,
reclassification of shares, change of par value, consolidation, merger,
conveyance, or otherwise) or to receive notice of meetings, or to receive
dividends or subscription rights or otherwise until the Warrant shall have been
exercised and the Ordinary Shares purchasable upon the exercise hereof shall
have become deliverable, as provided herein.  The Holder will not be
entitled to share in the assets of the Company in the event of a liquidation,
dissolution or the winding up of the Company.

    
      
         

      

      
        12

        
          

        

      

      
         

      

    

    12.           Notices.  Any
notice or other communication in connection with this Warrant shall be given in
writing and directed to the parties hereto as follows: (a) if to the Holder, c/o
Maxim Group LLC, 405 Lexington Avenue, New York, NY 10174, Attn: Cliff Teller,
Fax No: (212) 895-3783; or (b) if to the Company, to the attention of its Chief
Executive Officer at its office maintained pursuant to Section 10.2(a) hereof;
provided, that the
exercise of the Warrant shall also be effected in the manner provided in Section
3 hereof.  Notices shall be deemed properly delivered and received
when delivered to the notice party (i) if personally delivered, upon
receipt or refusal to accept delivery, (ii) if sent via facsimile, upon
mechanical confirmation of successful transmission thereof generated by the
sending telecopy machine, (iii) if sent by a commercial overnight courier for
delivery on the next Business Day, on the first Business Day after deposit with
such courier service, or (iv) if sent by registered or certified mail, five (5)
Business Days after deposit thereof in the U.S. mail.

    

    13.           Payment of
Taxes.  The Company will pay all documentary stamp taxes
attributable to the issuance of Ordinary Shares underlying this Warrant upon
exercise of this Warrant; provided, however, that the
Company shall not be required to pay any tax which may be payable in respect of
any transfer involved in the transfer or registration of this Warrant or any
certificate for Ordinary Shares underlying this Warrant in a name other that of
the Holder.  The Holder is responsible for all other tax liability
that may arise as a result of holding or transferring this Warrant or receiving
Ordinary Shares underlying this Warrant upon exercise hereof.

    

    14.           Miscellaneous.  This
Warrant and any term hereof may be changed, waived, discharged or terminated
only by an instrument in writing signed by the party against which enforcement
of the change, waiver, discharge or termination is sought.  This
Warrant shall be construed and enforced in accordance with and governed by the
laws of the State of New York.  The section headings in this Warrant
are for purposes of convenience only and shall not constitute a part
hereof.

    

    [Signature
Page Follows]

    
      
         

      

      
        13

        
          

        

      

      
         

      

    

    IN WITNESS WHEREOF, the
Company has caused this Warrant to be duly executed as of the date first above
written.

    

    
      
        
          
            
              
                
                  	
                          GOLDEN GREEN ENTERPRISES LIMITED

                        	 
	 
      	 
      	 
	
                          By:

                        	  
      	 
	 
      	
                          Name:

                        	 
	 
      	
                          Title:

                        	 

                

              

            

          

        

      

    

    

    [Signature
Page to Representative’s Warrant]

    
      
         

      

      
        14

        
          

        

      

      
         

      

    

    EXHIBIT
A

    FORM
OF EXERCISE NOTICE

    [To be
executed only upon exercise of Warrant]

    

    To Golden
Green Enterprises Limited:

    

    The
undersigned registered holder of the within Warrant hereby irrevocably exercises
the Warrant pursuant to Section 3.1 of the Warrant with respect to __________
Warrant Shares, at an exercise price per share of $____, and requests that the
certificates for such Warrant Shares be issued, subject to Sections 9 and 10, in
the name of, and delivered to:

    

    ______________________________________

    ______________________________________

    ______________________________________

    ______________________________________

    

    The
undersigned is hereby making payment for the Warrant Shares in the following
manner: _______________________ [describe desired payment method as provided for
in 3.1 of the Warrant].

    

    The
undersigned hereby represents and warrants that it is, and has been since its
acquisition of the Warrant, the record and beneficial owner of the
Warrant.

    

    Dated:
_______________

    

    ________________________________________

    Print or
Type Name

    

    ________________________________________

    (Signature
must conform in all respects to name of holder as specified on the face of
Warrant)

    

    ________________________________________

    (Street
Address)

    

    ________________________________________

    (City)                      (State)      (Zip
Code)

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    EXHIBIT
B

    FORM
OF ASSIGNMENT

    [To be
executed only upon transfer of Warrant]

    

    For value
received, the undersigned registered holder of the within Warrant hereby sells,
assigns and transfers unto _____________________ [include name and addresses]
the rights represented by the Warrant to purchase __________ Ordinary Shares of
Golden Green Enterprises Limited to which the Warrant relates, and appoints
_____________________ Attorney to make such transfer on the books of Golden
Green Enterprises Limited maintained for the purpose, with full power of
substitution in the premises.

    

    

    Dated:                     
________________________________________

                                            (Signature
must conform in all respects

                                            to
name of holder as specified on the

                                            face
of Warrant)

    

                                            ________________________________________

                                            (Street
Address)

    

                                            ________________________________________

                                            (City)        (State)      (Zip
Code)

    

    Signed in
the presence of:

    

                                            ________________________________________

                                            (Signature
of Transferee)

    

                                            ________________________________________

                                            (Street
Address)

    

                                            ________________________________________

                                            (City)        (State)      (Zip
Code)

    Signed in
the presence of:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00164-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00164-of-00352.parquet"}]]