EXHIBIT B

THIS CONVERTIBLE SUBORDINATED NOTE AND THE SHARES OF COMMON STOCK ISSU-ABLE UPON
CONVERSION HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, AND ARE NOT TRANSFERABLE EXCEPT UPON THE CONDITIONS SPE-CIFIED IN THE
PURCHASE AGREEMENT REFERRED TO HEREIN.

LANGER, INC.

5% Convertible Subordinated Note Due December 7, 2011

Dated: December 7, 2006
Deer Park, New York
Principal Sum: $_________________________________
Name of Holder (the "Holder:): ______________________
Address of Holder: _______________________________
______________________________________________
Holder's Facsimile: _______________________________
Holder's E-mail Address:___________________________
Maturity Date: December 7, 2011

For Value Received, the undersigned, Langer, Inc. (the "Company"), a Delaware
corporation, hereby promises to pay to the above named Holder, or registered
assigns, the Principal Sum set forth above, on the Maturity Date set forth
above, with interest (computed on the basis of a 360-day year of twelve 30-day
months) on the unpaid balance of such principal sum from the date hereof at the
interest rate of 5% per annum, payable semi-annually on the last day of June and
December in each year, commencing on June 30, 2007 (which first interest payment
shall be for the period from the date hereof through June 30, 2007, until the
principal hereof shall have become due and payable, whether at maturity or by
acceleration or otherwise.

Payments of principal and interest shall be made in lawful money of the United
States of America at the principal office of the Company in Deer Park, New York,
or at such other place as the Company shall have designated for such purpose to
the Holder in writing and may be paid by check mailed, or wire transfer as
provided in the Purchase Agreement referred to below, to the registered address
designated by the Holder for such purpose.

This Note is one of a duly authorized issue of Notes, aggregating $________ in
principal amount issued pursuant to a certain Convertible Subordinated Note
Purchase Agreement (hereinafter called the "Purchase Agreement") dated as of
December 7, 2006, between the Company and the Purchasers named in the Purchase
Agreement. Capitalized terms not otherwise defined herein shall have their
respective meanings as set forth in the Purchase Agreement.

This Note is subject to the provisions of and is entitled to the benefits of the
Purchase Agreement. In addition, the payment of the principal and interest on
this Note is subordinated in right of payment to the prior payment in full of
certain other obligations of the Company to the extent and in the manner set
forth in the Purchase Agreement. Each Holder of this Note, by accepting the
same, agrees to and shall be bound by the provisions of the Purchase Agreement.

This Note is transferable only upon the conditions specified in the Purchase
Agreement. Notwithstanding the foregoing, however, this Note is registered with
the Company as to both principal and interest, and transfer of this Note can be
effected only by surrender of this Note and

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either reissuance by the Company of this Note or by issuance by the Company of a
new Note. The Company shall maintain a register for the registration and
transfer of this Note (the "Schedule"), containing the name and address of any
holder(s) of this Note. All transfers of this Note and/or transferees of this
Note shall be registered in the Schedule. This Note may be assigned only upon
the surrender thereof at the address of the Company set forth in the Purchase
Agreement. Thereupon, the Company shall execute in the name of the assignee
either a reissued Note or a new Note, shall register such transfer in the
Schedule and shall deliver either a reissued Note or a new Note to the holder.
Upon surrender or presentation of this Note to the Company for transfer, this
Note shall be duly endorsed and shall specify the name and address of the
transferee.

This Note is convertible into Common Stock of the Company (as set forth in
Articles XII and XIII of the Purchase Agreement) in the manner, and upon the
terms and conditions, including without limitation, the anti-dilution
provisions, provided in the Purchase Agreement.

In case an Event of Default shall occur and be continuing, the principal of this
Note may be declared due and payable in the manner and with the effect provided
in the Purchase Agreement.

No reference herein to the Purchase Agreement, and no provision hereof or
thereof, shall alter or impair the obligation of the Company, which is absolute
and unconditional, to pay the principal hereof and interest hereon at the
respective times and places set forth herein and in the Purchase Agreement.

This Note is delivered in and shall be construed and enforced in accordance with
and governed by the laws of the State of New York, without giving effect to its
conflict of laws rules.

Subject to the provisions of Article XX the Purchase Agreement, the Company may
treat the person in whose name this Note is registered as the owner and holder
of this Note for the purpose of receiving payment of principal and interest on
this Note and for all other purposes whatsoever, and the Company shall not be
affected by any notice to the contrary.

[Signature Page Follows:]
 

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In Witness Whereof, Langer, Inc. has caused this Note to be dated, and to be
executed on its behalf by its officer thereunto duly authorized.

Langer, Inc.
 
By:__________________________________
W. Gray Hudkins
President and Chief Executive Officer

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REGISTER FOR TRANSFERS

Holder       Name and Address
 
 
 
 
 
 

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