FEDERAL TRUST CORPORATION COMMON STOCK PURCHASE WARRANT EXERCISABLE UNTIL ________, 20__ ORGANIZED UNDER THE LAWS OF THE STATE OF FLORIDAFederal Trust Corp • June 27th, 2008 • Savings institution, federally chartered
Each Warrant entitles the registered holder thereof (the “Registered Holder”) to purchase, subject to this Warrant and the Standby Purchase Agreement dated _____, 2008, by and between the Company and the Registered Holder, during the Warrant Exercise Period (as herein defined), one share of the Company’s Common Stock, $0.01 par value per share (the “Stock”) at the Exercise Price of $0.95 per share. The Company is a Florida Corporation with its principal office located in Sanford, Florida. Warrants are exercisable only for whole shares of Stock. The Warrant Exercise Period terminates upon the later of (i) seven years from the date of effectiveness of the registration statement filed with respect to the exercise of the Warrants or (ii) ______, 20___ (the “Expiration Date”). All Warrants shall become immediately void following the Expiration Date.
