State National Companies, Inc. Watch

from S-1/A 2 pages Shares SNC State National Common Stock Companies, Inc. Common Stock Cusip 85711t 30 5 Incorporated Under the Laws of the State of Delaware See Reverse for Certain Definitions This Certifies That Is the Record Holder of By: Fully Paid and Nonassessable State National Companies, Inc. Bl Shares of Common Stock, Par Value $0.001 Per Share, of Countersigned Transferable on the Books of the Company by the Holder Hereof, in Person or by Duly Authorized Attorney, Upon Surrender and of This Certificate Properly Endorsed. This Certificate Is Not Valid Until Countersigned by the Transfer Agent and Registered by the Registrar. Register Witness the Facsimile Signatures of the Company’s Duly Authorized Officers. (Brooklyn, Ny) D: Dated: American Stock Transfer & Trust Company, LLC Secretary President and Chief Executive Officer Authorized Signature Transfer Agent and Registrar

from S-1 34 pages Registration Rights Agreement