Document:

EXHIBIT 10.13

                           RESTRICTED STOCK AGREEMENT

                        SCANNER TECHNOLOGIES CORPORATION
                           2004 EQUITY INCENTIVE PLAN

         THIS AGREEMENT, made effective as of this day of , 20__, by and between
Scanner Technologies Corporation, a New Mexico corporation (the "Company"), and
___________________ ("Participant").

                              W I T N E S S E T H:

         WHEREAS, the Participant on the date hereof is an officer, employee,
director, consultant or advisor of the Company; and

         WHEREAS, the Company wishes to grant a restricted stock award to
Participant for shares of the Company's Common Stock pursuant to the Company's
2004 Equity Incentive Plan (the "Plan"); and

         WHEREAS, the Administrator of the Plan has authorized the grant of a
restricted stock award to the Participant;

         NOW, THEREFORE, in consideration of the premises and of the mutual
covenants herein contained, the parties hereto agree as follows:

         1.       GRANT OF RESTRICTED STOCK AWARD. The Company hereby grants to
Participant on the date set forth above a restricted stock award (the "Award")
for _____________________ (__________ ) shares of Common Stock on the terms and
conditions set forth herein, and subject to adjustment pursuant to Section 13 of
the Plan. The Company shall cause to be issued a stock certificate representing
such shares of Common Stock in the Participant's name, and shall deliver such
certificate to the Participant; provided, however, that the Company shall place
a legend on such certificate describing the risks of forfeiture and other
transfer restrictions set forth in this Agreement and providing for the
cancellation and return of such certificate if such shares of Common Stock are
forfeited as provided in Section 2 below. Until such risks of forfeiture have
lapsed or the shares subject to this Award have been forfeited pursuant to
Section 2 below, the Participant shall be entitled to vote the shares
represented by such stock certificates and shall receive all dividends
attributable to such shares, but the Participant shall not have any other rights
as a shareholder with respect to such shares.

         2.       VESTING OF RESTRICTED STOCK.

                  a.    The shares of Stock subject to this Award shall remain
forfeitable until the risks of forfeiture lapse according to the following
vesting schedule:

<PAGE>

           VESTING DATE        CUMULATIVE PERCENTAGE OF SHARES VESTED
           ------------        --------------------------------------

If the Participant's employment or other relationship with the Company (or a
subsidiary of the Company) ceases at any time prior to a Vesting Date for any
reason, including the Participant's voluntary resignation or retirement but
excluding termination by the Company without "cause," the Participant shall
immediately forfeit all shares of Stock subject to this Award which have not yet
vested and for which the risks of forfeiture have not lapsed. If the
Participant's employment or other relationship is terminated by the Company
without "cause" prior to the vesting date for this Award, all risks of
forfeiture on the shares of Stock subject to this Award shall immediately lapse.

         b.       Solely for purposes of this Paragraph 2(b), "cause" shall
mean (i) Participant charged with a felony or convicted of any criminal
misdemeanor or more serious act; (ii) any intentional and/or willful act of
fraud or dishonesty by Participant related to or connected with Participant's
employment by the Company or any of its Affiliates; (iii) the willful and/or
continued failure, neglect or refusal by Participant to perform his or her
employment duties with the Company or any of its Affiliates, (iv) a material
violation of the Participant's or an Affiliate's policies or codes of conduct;
or (v) the willful and/or material breach by Participant of any agreement
between Participant and the Company or any of its Affiliates, including but not
limited to an employment agreement or a noncompetition agreement.

         3.       MISCELLANEOUS.

                  a.    EMPLOYMENT-AT-WILL. This Agreement shall not confer on
Participant any right with respect to continuance of employment or other
relationship by the Company or any of its Affiliates, nor will it interfere in
any way with the right of the Company to terminate such employment.
Participant's employment relationship with the Company and its Affiliates shall
be employment-at-will, and nothing in this Agreement shall be construed as
creating an employment contract for any specified term between Participant and
the Company or any Affiliate.

                  b.    SECURITIES LAW COMPLIANCE. Participant shall not
transfer or otherwise dispose of the shares of Stock received pursuant to this
Agreement until such time as counsel to the Company shall have determined that
such transfer or other disposition will not violate any state or federal
securities laws. The Participant may be required by the Company, as a condition
of the effectiveness of this restricted stock award, to agree in writing that
all Stock subject to this Agreement shall be held, until such time that such
Stock is registered and freely tradable under applicable state and federal
securities laws, for Participant's own account without a view to any further
distribution thereof, that the certificates for such shares shall bear an
appropriate legend to that effect and that such shares will be not transferred
or disposed of except in compliance with applicable state and federal securities
laws.

                                      -2-
<PAGE>

                  c.    MERGERS, RECAPITALIZATIONS, STOCK SPLITS, ETC. Pursuant
and subject to Section 13 of the Plan, certain changes in the number or
character of the Common Stock of the Company (through merger, consolidation,
exchange, reorganization, divestiture (including a spin-off), liquidation,
recapitalization, stock split, stock dividend or otherwise) shall result in an
adjustment, reduction or enlargement, as appropriate, in Participant's rights
with respect to any unexercised portion of the Option (i.e., Participant shall
have such "anti-dilution" rights under the Option with respect to such events,
but shall not have "preemptive" rights).

                  d.    SHARES RESERVED. The Company shall at all times during
the term of this Agreement reserve and keep available such number of shares as
will be sufficient to satisfy the requirements of this Agreement.

                  e.    WITHHOLDING TAXES. In order to permit the Company to
comply with all applicable federal or state income tax laws or regulations, the
Company may take such action as it deems appropriate to insure that, if
necessary, all applicable federal or state payroll, income or other taxes are
withheld from any amounts payable by the Company to the Participant. If the
Company is unable to withhold such federal and state taxes, for whatever reason,
the Participant hereby agrees to pay to the Company an amount equal to the
amount the Company would otherwise be required to withhold under federal or
state law.

                  f.    2004 EQUITY INCENTIVE PLAN. The Award evidenced by this
Agreement is granted pursuant to the Plan, a copy of which Plan has been made
available to Participant and is hereby incorporated into this Agreement. This
Agreement is subject to and in all respects limited and conditioned as provided
in the Plan. The Plan governs this Agreement and, in the event of any questions
as to the construction of this Agreement or in the event of a conflict between
the Plan and this Agreement, the Plan shall govern, except as the Plan otherwise
provides.

                  g.    LOCKUP PERIOD LIMITATION. Participant agrees that in the
event the Company advises Participant that it plans an underwritten public
offering of its Common Stock in compliance with the Securities Act of 1933, as
amended, and that the underwriter(s) seek to impose restrictions under which
certain shareholders may not sell or contract to sell or grant any option to buy
or otherwise dispose of part or all of their stock purchase rights of the
underlying Common Stock, Participant hereby agrees that for a period not to
exceed 180 days from the prospectus, Participant will not sell or contract to
sell or grant an option to buy or otherwise dispose of this Agreement or any of
the underlying shares of Common Stock without the prior written consent of the
underwriter(s) or its representative(s).

                  h.    BLUE SKY LIMITATION. Notwithstanding anything in this
Agreement to the contrary, in the event the Company makes any public offering of
its securities and determines, in its sole discretion, that it is necessary to
reduce the number of issued but unexercised stock purchase rights so as to
comply with any state securities or Blue Sky law limitations with respect
thereto, the Board of Directors of the Company shall accelerate the vesting of
this restricted stock award, provided that the Company gives Participant 15
days' prior written notice of such acceleration. Notice shall be deemed given
when delivered personally or when deposited in the United States

                                      -3-
<PAGE>

mail, first class postage prepaid and addressed to Participant at the address of
Participant on file with the Company.

                  i.    ACCOUNTING COMPLIANCE. Participant agrees that, if a
merger, reorganization, liquidation or other "transaction" as defined in Section
13 of the Plan occurs, and Participant is an "affiliate" of the Company or any
Affiliate (as defined in applicable legal and accounting principles) at the time
of such transaction, Participant will comply with all requirements of Rule 145
of the Securities Act of 1933, as amended, and the requirements of such other
legal or accounting principles, and will execute any documents necessary to
ensure such compliance.

                  j.     STOCK LEGEND. The Administrator may require that the
certificates for any shares of Common Stock purchased by Participant (or, in the
case of death, Participant's successors) shall bear an appropriate legend to
reflect the restrictions of Paragraph 4(b) and Paragraphs 4(g) through 4(j) of
this Agreement; provided, however, that failure to so endorse any of such
certificates shall not render invalid or inapplicable Paragraph 4(j).

                  k.    SCOPE OF AGREEMENT. This Agreement shall bind and inure
to the benefit of the Company, its Affiliates and its successors and assigns and
Participant and any successor or successors of Participant permitted by this
Agreement.

                  l.    ARBITRATION. Any dispute arising out of or relating to
this Agreement or the alleged breach of it, or the making of this Agreement,
including claims of fraud in the inducement, shall be discussed between the
disputing parties in a good faith effort to arrive at a mutual settlement of any
such controversy. If, notwithstanding, such dispute cannot be resolved, such
dispute shall be settled by binding arbitration. Judgment upon the award
rendered by the arbitrator may be entered in any court having jurisdiction
thereof. The arbitrator shall be a retired state or federal judge or an attorney
who has practiced securities or business litigation for at least 10 years. If
the parties cannot agree on an arbitrator within 20 days, any party may request
that the chief judge of the District Court of Hennepin County, Minnesota, select
an arbitrator. Arbitration will be conducted pursuant to the provisions of this
Agreement, and the commercial arbitration rules of the American Arbitration
Association, unless such rules are inconsistent with the provisions of this
Agreement. Limited civil discovery shall be permitted for the production of
documents and taking of depositions. Unresolved discovery disputes may be
brought to the attention of the arbitrator who may dispose of such dispute. The
arbitrator shall have the authority to award any remedy or relief that a court
of this state could order or grant; provided, however, that punitive or
exemplary damages shall not be awarded. The arbitrator may award to the
prevailing party, if any, as determined by the arbitrator, all of its costs and
fees, including the arbitrator's fees, administrative fees, travel expenses,
out-of-pocket expenses and reasonable attorneys' fees. Unless otherwise agreed
by the parties, the place of any arbitration proceedings shall be Hennepin
County, Minnesota.

                                      -4-
<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed on the day and year first above written.

                                   SCANNER TECHNOLOGIES CORPORATION

                                   By:
                                       ----------------------------------------
                                      Its:
                                            -----------------------------------

                                   --------------------------------------------
                                   Participant

                                      -5-EXHIBIT 10.14

THIS WARRANT AND THE COMMON STOCK ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN
REGISTERED UNDER EITHER THE SECURITIES ACT OF 1933 OR APPLICABLE STATE
SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED, OFFERED, PLEDGED OR
OTHERWISE DISTRIBUTED FOR VALUE UNLESS THERE IS AN EFFECTIVE REGISTRATION
STATEMENT UNDER SUCH ACT AND SUCH LAWS COVERING SUCH SECURITIES, OR THE COMPANY
RECEIVES AN OPINION OF COUNSEL REASONABLY ACCEPTABLE TO THE COMPANY STATING THAT
SUCH SALE, TRANSFER, ASSIGNMENT, OFFER, PLEDGE OR OTHER DISTRIBUTION FOR VALUE
IS EXEMPT FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF SUCH ACT
AND SUCH LAWS.

                          COMMON STOCK PURCHASE WARRANT
                          -----------------------------

                    To Purchase 20,000 Shares of Common Stock
                                       of
                        SCANNER TECHNOLOGIES CORPORATION

         THIS CERTIFIES THAT, for good and valuable consideration, Betsy Brenden
Radtke, or her registered successors or assigns, is entitled to subscribe for
and purchase from Scanner Technologies Corporation, a New Mexico corporation
(the "Company"), at any time up to and including December 27, 2009, twenty
thousand (20,000) fully paid and nonassessable shares of Common Stock of the
Company at a price of $2.94 per share (the "Warrant Exercise Price"), subject to
the antidilution provisions of this Warrant. The shares of Common Stock that may
be acquired upon exercise of this Warrant are referred to herein as the "Warrant
Shares." As used herein, the term "Common Stock" means and includes the
Company's presently authorized common stock, no par value, and shall also
include any capital stock of any class of the Company hereafter authorized which
shall not be limited to a fixed sum or percentage in respect of the rights of
the holders thereof to participate in dividends or in the distribution of assets
upon the voluntary or involuntary liquidation, dissolution, or winding up of the
Company.

         This Warrant is subject to the following provisions, terms and
conditions:

         1.       Exercise; Transferability.

         (a)      The rights represented by this Warrant may be exercised by the
                  holder hereof, in whole or in part (but not as to a fractional
                  share of Common Stock), by written notice of exercise (in the
                  form attached hereto) delivered to the Company at the
                  principal office of the Company prior to the expiration of
                  this Warrant and accompanied or preceded by the surrender of
                  this Warrant along with a check in payment of the Warrant
                  Exercise Price for such shares.

         (b)      This Warrant may not be sold, transferred, assigned,
                  hypothecated or divided into two or more Warrants of smaller
                  denominations, nor may any Warrant Shares issued pursuant to
                  exercise of this Warrant be transferred, except as provided in
                  Section 7 hereof.

<PAGE>

         2.       Exchange and Replacement. Subject to Sections l and 7 hereof,
this Warrant is exchangeable upon the surrender hereof by the holder to the
Company at its office for new Warrants of like tenor and date representing in
the aggregate the right to purchase the number of Warrant Shares purchasable
hereunder, each of such new Warrants to represent the right to purchase such
number of Warrant Shares (not to exceed the aggregate total number purchasable
hereunder) as shall be designated by the holder at the time of such surrender.
Upon receipt by the Company of evidence reasonably satisfactory to it of the
loss, theft, destruction, or mutilation of this Warrant, and, in case of loss,
theft or destruction, of indemnity or security reasonably satisfactory to it,
and upon surrender and cancellation of this Warrant, if mutilated, the Company
will make and deliver a new Warrant of like tenor, in lieu of this Warrant. This
Warrant shall be promptly canceled by the Company upon the surrender hereof in
connection with any exchange or replacement. The Company shall pay all expenses,
taxes (other than stock transfer taxes), and other charges payable in connection
with the preparation, execution, and delivery of Warrants pursuant to this
Section 2.

         3.       Issuance of the Warrant Shares.

         (a)      The Company agrees that the Warrant Shares shall be and are
                  deemed to be issued to the holder as of the close of business
                  on the date on which this Warrant shall have been surrendered
                  and the payment made for such Warrant Shares as aforesaid.
                  Subject to the provisions of the next section, certificates
                  for the Warrant Shares so purchased shall be delivered to the
                  holder within a reasonable time, not exceeding fifteen (15)
                  days after the rights represented by this Warrant shall have
                  been so exercised, and, unless this Warrant has expired, a new
                  Warrant representing the right to purchase the number of
                  Warrant Shares, if any, with respect to which this Warrant
                  shall not then have been exercised shall also be delivered to
                  the holder within such time.

         (b)      Notwithstanding the foregoing, however, the Company shall not
                  be required to deliver any certificate for Warrant Shares upon
                  exercise of this Warrant except in accordance with exemptions
                  from the applicable securities registration requirements or
                  registrations under applicable securities laws. Nothing
                  herein, however, shall obligate the Company to effect
                  registrations under federal or state securities laws. If
                  registrations are not in effect and if exemptions are not
                  available when the holder seeks to exercise the Warrant, the
                  Warrant exercise period will be extended, if need be, to
                  prevent the Warrant from expiring, until such time as either
                  registrations become effective or exemptions are available,
                  and the Warrant shall then remain exercisable for a period of
                  at least 30 calendar days from the date the Company delivers
                  to the holder written notice of the availability of such
                  registrations or exemptions. The holder agrees to execute such
                  documents and make such representations, warranties, and
                  agreements as may be required solely to comply with the
                  exemptions relied upon by the Company, or the registrations
                  made, for the issuance of the Warrant Shares.

         4.       Covenants of the Company. The Company covenants and agrees
that all Warrant Shares will, upon issuance, be duly authorized and issued,
fully paid, nonassessable, and free from all taxes, liens, and charges with
respect to the issue thereof. The Company further covenants and agrees that
during the period within which the rights represented by this Warrant may be
exercised, the Company will at all times have authorized and reserved for the
purpose of issue or transfer upon exercise of the subscription rights evidenced
by this Warrant a sufficient number of shares of Common Stock to provide for the
exercise of the rights represented by this Warrant.

                                       2
<PAGE>

         5.       Antidilution Adjustments. The provisions of this Warrant are
subject to adjustment as provided in this Section 5.

         (a)      The Warrant Exercise Price shall be adjusted from time to time
                  such that in case the Company shall hereafter:

                  (i)      pay any dividends on any class of stock of the
                           Company payable in Common Stock or securities
                           convertible into Common Stock;

                  (ii)     subdivide its then outstanding shares of Common Stock
                           into a greater number of shares; or

                  (iii)    combine outstanding shares of Common Stock, by
                           reclassification or otherwise;

                  then, in any such event, the Warrant Exercise Price in effect
                  immediately prior to such event shall (until adjusted again
                  pursuant hereto) be adjusted immediately after such event to a
                  price (calculated to the nearest full cent) determined by
                  dividing (a) the number of shares of Common Stock outstanding
                  immediately prior to such event, multiplied by the then
                  existing Warrant Exercise Price, by (b) the total number of
                  shares of Common Stock outstanding immediately after such
                  event (including the maximum number of shares of Common Stock
                  issuable in respect of any securities convertible into Common
                  Stock), and the resulting quotient shall be the adjusted
                  Warrant Exercise Price per share. An adjustment made pursuant
                  to this subsection shall become effective immediately after
                  the record date in the case of a dividend or distribution and
                  shall become effective immediately after the effective date in
                  the case of a subdivision, combination or reclassification.
                  If, as a result of an adjustment made pursuant to this
                  subsection, the holder of any Warrant thereafter surrendered
                  for exercise shall become entitled to receive shares of two or
                  more classes of capital stock or shares of Common Stock and
                  other capital stock of the Company, the Board of Directors
                  (whose determination shall be conclusive) shall determine the
                  allocation of the adjusted Warrant Exercise Price between or
                  among shares of such classes of capital stock or shares of
                  Common Stock and other capital stock. All calculations under
                  this subsection shall be made to the nearest cent or to the
                  nearest 1/100 of a share, as the case may be. In the event
                  that at any time as a result of an adjustment made pursuant to
                  this subsection, the holder of any Warrant thereafter
                  surrendered for exercise shall become entitled to receive any
                  shares of the Company other than shares of Common Stock,
                  thereafter the Warrant Exercise Price of such other shares so
                  receivable upon exercise of any Warrant shall be subject to
                  adjustment from time to time in a manner and on terms as
                  nearly equivalent as practicable to the provisions with
                  respect to Common Stock contained in this subsection.

         (b)      Upon each adjustment of the Warrant Exercise Price pursuant to
                  subsection 5(a) above, the holder of each Warrant shall
                  thereafter (until another such adjustment) be entitled to
                  purchase at the adjusted Warrant Exercise Price the number of
                  shares, calculated to the nearest full share, obtained by
                  multiplying the number of shares specified in such Warrant (as
                  adjusted as a result of all adjustments in the Warrant
                  Exercise Price in effect prior to such adjustment) by the
                  Warrant Exercise Price in effect prior to such adjustment and
                  dividing the product so obtained by the adjusted Warrant
                  Exercise Price.

                                       3
<PAGE>

         (c)      In case of any consolidation or merger to which the Company is
                  a party other than a merger or consolidation in which the
                  Company is the continuing corporation, or in case of any sale
                  or conveyance to another corporation of the Company's property
                  as an entirety or substantially as an entirety, or in the case
                  of any statutory exchange of securities with another
                  corporation (including any exchange effected in connection
                  with a merger of a third corporation into the Company), there
                  shall be no adjustment under subsection (a) of this Section
                  but the holder of each Warrant then outstanding shall have the
                  right thereafter to convert such Warrant into the kind and
                  amount of shares of stock and other securities and property
                  which the holder would have owned or have been entitled to
                  receive immediately after such consolidation, merger,
                  statutory exchange, sale, or conveyance had such Warrant been
                  converted immediately prior to the effective date of such
                  consolidation, merger, statutory exchange, sale, or conveyance
                  and in any such case, if necessary, appropriate adjustment
                  shall be made in the application of the provisions set forth
                  in this subsection with respect to the rights and interests
                  thereafter of any holders of the Warrant, to the end that the
                  provisions set forth in this Section shall thereafter
                  correspondingly be made applicable, as nearly as may
                  reasonably be, in relation to any shares of stock and other
                  securities and property thereafter deliverable on the exercise
                  of the Warrant. The provisions of this subsection shall
                  similarly apply to successive consolidations, mergers,
                  statutory exchanges, sales or conveyances.

         (d)      Upon any adjustment of the Warrant Exercise Price, then and in
                  each such case, the Company shall give written notice thereof,
                  by first-class mail, postage prepaid, addressed to the holder
                  as shown on the books of the Company, which notice shall state
                  the Warrant Exercise Price resulting from such adjustment and
                  the increase or decrease, if any, in the number of shares of
                  Common Stock purchasable at such price upon the exercise of
                  this Warrant, setting forth in reasonable detail the method of
                  calculation and the facts upon which such calculation is
                  based.

         6.       No Voting Rights. This Warrant shall not entitle the holder to
any voting rights or other rights as a shareholder of the Company.

         7.       Notice of Transfer of Warrant or Resale of the Warrant Shares.

         (a)      Subject to the sale, assignment, hypothecation, or other
                  transfer restrictions set forth in Section 1 hereof, the
                  holder, by acceptance hereof, agrees to give written notice to
                  the Company before transferring this Warrant or transferring
                  any Warrant Shares of such holder's intention to do so,
                  describing briefly the manner of any proposed transfer.
                  Promptly upon receiving such written notice, the Company shall
                  present copies thereof to the Company's counsel and to counsel
                  to the original purchaser of this Warrant. If in the opinion
                  of each such counsel the proposed transfer may be effected
                  without registration or qualification (under any federal or
                  state securities laws), the Company, as promptly as
                  practicable, shall notify the holder of such opinion,
                  whereupon the holder shall be entitled to transfer this
                  Warrant or to dispose of Warrant Shares received upon the
                  previous exercise of this Warrant, all in accordance with the
                  terms of the notice delivered by the holder to the Company;
                  provided that an appropriate legend may be endorsed on this
                  Warrant or the certificates for such Warrant Shares respecting
                  restrictions upon transfer thereof necessary or advisable in
                  the opinion of counsel and satisfactory to the Company to
                  prevent further transfers which would be in violation of
                  Section 5 of the Securities Act of 1933, as amended (the
                  "Securities Act") and applicable state securities laws;

                                       4
<PAGE>

                  and provided further that the prospective transferee or
                  purchaser shall execute such documents and make such
                  representations, warranties, and agreements as may be required
                  solely to comply with the exemptions relied upon by the
                  Company for the transfer or disposition of the Warrant or
                  Warrant Shares.

         (b)      If in the opinion of either of the counsel referred to in this
                  Section, the proposed transfer or disposition of this Warrant
                  or such Warrant Shares described in the written notice given
                  pursuant to this Section may not be effected without
                  registration or qualification of this Warrant or such Warrant
                  Shares the Company shall promptly give written notice thereof
                  to the holder, and the holder will limit its activities in
                  respect to such as, in the opinion of both such counsel, are
                  permitted by law.

         8.       Fractional Shares. Fractional shares shall not be issued upon
the exercise of this Warrant, but in any case where the holder would, except for
the provisions of this Section, be entitled under the terms hereof to receive a
fractional share, the Company shall, upon the exercise of this Warrant for the
largest number of whole shares then called for, pay a sum in cash equal to the
sum of (a) the excess, if any, of the Market Price of such fractional share over
the proportional part of the Warrant Exercise Price represented by such
fractional share, plus (b) the proportional part of the Warrant Exercise Price
represented by such fractional share. For purposes of this Section, the term
"Market Price" with respect to shares of Common Stock of any class or series
means the last reported sale price or, if none, the average of the last reported
closing bid and asked prices on any national securities exchange or quoted on
the Nasdaq Stock Market or other over-the-counter market, or, if not listed on a
national securities exchange or quoted on the Nasdaq Stock Market or other
over-the-counter market, then the price per share established by the Board of
Directors of the Company.

         IN WITNESS WHEREOF, Scanner Technologies Corporation has caused this
Warrant to be signed by its duly authorized officer and this Warrant to be dated
December 27, 2004.

                                  SCANNER TECHNOLOGIES CORPORATION

                                  By: /s/ Elwin M. Beaty
                                      ------------------------------------------
                                      Elwin M. Beaty, President, Chief Executive
                                      Officer and Chief Financial Officer

                                       5
<PAGE>

To: SCANNER TECHNOLOGIES CORPORATION

                                            NOTICE OF EXERCISE OF WARRANT --

                                            To Be Executed by the Registered
                                            Holder in Order to Exercise the
                                            Warrant

Subscriber hereby irrevocably elects to exercise the attached Warrant to
purchase by surrendering a check, ______________________ of the shares issuable
upon the exercise of such Warrant, and requests that certificates for such
shares (together with a new Warrant to purchase the number of shares, if any,
with respect to which this Warrant is not exercised) shall be issued in the name
of

                                            -----------------------------------
                                                        (Print Name)
Please insert social security
or other identifying number
of registered holder of
certificate (_________________________)     Address:

                                            -----------------------------------

                                            -----------------------------------

Dated: _______________________, ______      -----------------------------------
                                                       (Signature)*

*The signature on the Notice of Exercise of Warrant must correspond to the name
as written upon the face of the Warrant in every particular without alteration
or enlargement or any change whatsoever. When signing on behalf of a
corporation, partnership, trust or other entity, PLEASE indicate your
position(s) and title(s) with such entity.

<PAGE>

                                 ASSIGNMENT FORM

To be signed only upon authorized transfer of Warrants.

         FOR VALUE RECEIVED, Subscriber hereby sells, assigns, and transfers
unto _____________________________ the right to purchase the securities of
Scanner Technologies Corporation, to which the within Warrant relates and
appoints _____________, attorney, to transfer said right on the books of Scanner
Technologies Corporation, with full power of substitution in the premises.

Dated: _____________________________        -----------------------------------
                                            (Signature)

                                            Address:

                                            -----------------------------------

                                            -----------------------------------

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