WITNESSETH:Agreement and Plan of Reorganization • July 6th, 2004 • Commerce Energy Group Inc • Electric services • California
ANDRights Agreement • July 6th, 2004 • Commerce Energy Group Inc • Electric services • New York
EXHIBIT 10.2 FORM OF RIGHT CERTIFICATE CERTIFICATE NO. R- _______ _______ RIGHTS NOT EXERCISABLE AFTER [____________] OR EARLIER IF REDEMPTION OR EXCHANGE OCCURS. THE RIGHTS ARE SUBJECT TO REDEMPTION AT $.001 PER RIGHT AND TO EXCHANGE ON THE TERMS SET...Commerce Energy Group Inc • July 6th, 2004 • Electric services
This certifies that ___________________ or registered assigns, is the registered owner of the number of Rights set forth above, each of which entitles the owner thereof, subject to the terms, provisions and conditions of the Rights Agreement, dated as of July 1, 2004 (the "Rights Agreement"), between Commerce Energy Group, Inc., a Delaware corporation (the "Company"), and Computershare Trust Company (the "Rights Agent"), to purchase from the Company at any time after the Distribution Date (as such term is defined in the Rights Agreement) and prior to 5:00 p.m., Pacific Time, on July 1, 2014 at the office of the Rights Agent designated for such purpose, or at the office of its successor as Rights Agent, one one-hundredth of a fully paid non-assessable share of Series A Junior Participating Preferred Stock, par value $0.001 per share (the "Preferred Shares"), of the Company, at a purchase price of $20 per one one-hundredth of a Preferred Share (the "Purchase Price"), upon presentation an
