Document:

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                             Exhibit 4.2

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                  MORGAN STANLEY SELECT EQUITY TRUST
                SELECT 10 INDUSTRIAL PORTFOLIO 2001-6
                      REFERENCE TRUST AGREEMENT

             This Reference Trust Agreement dated           , 2001
   between MORGAN STANLEY DW INC., as Depositor, and The Bank
   of New York, as Trustee, sets forth certain provisions in full
   and incorporates other provisions by reference to the document
   entitled "Dean Witter Select Equity Trust, Trust Indenture and
   Agreement" (the "Basic Agreement") dated September 30, 1993.
   Such provisions as are incorporated by reference constitute a
   single instrument (the "Indenture").

                          WITNESSETH THAT:

             In consideration of the premises and of the mutual
   agreements herein contained, the Depositor and the Trustee
   agree as follows:

                                 I.

               STANDARD TERMS AND CONDITIONS OF TRUST

             Subject to the provisions of Part II hereof, all the
   provisions contained in the Basic Agreement are herein incorpo-
   rated by reference in their entirety and shall be deemed to be
   a part of this instrument as fully and to the same extent as
   though said provisions had been set forth in full in this in-
   strument except that the Basic Agreement is hereby amended as
   follows:

             A.   The first sentence of Section 2.01 is amended to
        add the following language at the end of such sentence:
        "and/or cash (or a letter of credit in lieu of cash) with
        instructions to the Trustee to purchase one or more of
        such Securities which cash (or cash in an amount equal to
        the face amount of the letter of credit), to the extent
        not used by the Trustee to purchase such Securities within
        the 90-day period following the first deposit of Securi-
        ties in the Trust, shall be distributed to Unit Holders on
        the Distribution Date next following such 90-day period or
        such earlier date as the Depositor and the Trustee deter-
        mine".

             B.   The first sentence of Section 2.06 is amended to
        add the following language after "Securities"))": "and/or
        cash (or a letter of credit in lieu of cash) with

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        instructions to the Trustee to purchase one or more Addi-
        tional Securities which cash (or cash in an amount equal
        to the face amount of the letter of credit), to the extent
        not used by the Trustee to purchase such Additional Secu-
        rities within the 90-day period following the first de-
        posit of Securities in the Trust, shall be distributed to
        Unit Holders on the Distribution Date next following such
        90-day period or such earlier date as the Depositor and
        the Trustee determine".

             C.   Article III, entitled "Administration of Trust",
        Section 3.01 Initial Cost shall be amended as follows:

                  (i)  the first part of the first sentence of
             Section 3.01 Initial Cost shall be amended to substi-
             tute the following language before the phrase
             "provided, however":

                       "With respect to the Trust, the cost of the
                  preparation, printing and execution of the Cer-
                  tificates, Indenture, Registration Statement and
                  other documents relating to the Trust, Federal
                  and State registration fees and costs, the ini-
                  tial fees and expenses of the Trustee, legal and
                  auditing expenses and other out-of-pocket organ-
                  izational expenses, to the extent not borne by
                  the Sponsor, shall be paid by the Trust;"

             D.   The third paragraph of Section 3.05 is hereby
        amended to add the following sentence after the first sen-
        tence thereof:  "Depositor may direct the Trustee to in-
        vest the proceeds of any sale of Securities not required
        for the redemption of Units in eligible money market in-
        struments selected by the Depositor which will include
        only negotiable certificates of deposit or time deposits
        of domestic banks which are members of the Federal Deposit
        Insurance Corporation and which have, together with their
        branches or subsidiaries, more than $2 billion in total
        assets, except that certificates of deposit or time depos-
        its of smaller domestic banks may be held provided the de-
        posit does not exceed the insurance coverage on the in-
        strument (which currently is $100,000), and provided fur-
        ther that the Trust's aggregate holding of certificates of
        deposit or time deposits issued by the Trustee may not ex-
        ceed the insurance coverage of such obligations and U.S.
        Treasury notes or bills (which shall be held until the ma-
        turity thereof) each of which matures prior to the earlier
        of the next following Distribution Date or 90 days after

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        receipt, the principal thereof and interest thereon (to
        the extent such interest is not used to pay Trust ex-
        penses) to be distributed on the  earlier of the 90th day
        after receipt or the next following Distribution Date."

             E.   The first sentence of each of Sections 3.10,
        3.11 and 3.12 is amended to insert the following language
        at the beginning of such sentence, "Except as otherwise
        provided in Section 3.13,".

             F.   The following new Section 3.13 is added:

             Section 3.13.  Extraordinary Event - Security Reten-
        tion and Voting.  In the event the Trustee is notified of
        any action to be taken or proposed to be taken by holders
        of the securities held by the Trust in connection with any
        proposed merger, reorganization, spin-off, split-off or
        split-up by the issuer of stock or securities held in the
        Trust, the Trustee shall take such action or refrain from
        taking any action, as appropriate,  so as to insure that
        the securities are voted as closely as possible in the
        same manner and in the same general proportion as are the
        securities held by owners other than the Trust.  If stock
        or securities are received by the Trustee, with or without
        cash, as a result of any merger, reorganization, spin-off,
        split-off or split-up by the issuer of stock or securities
        held in the Trust, the Trustee at the direction of the De-
        positor may retain such stock or securities in the Trust.
        Neither the Depositor nor the Trustee shall be liable to
        any person for any action or failure to take action with
        respect to this section.

             G.   Section 1.01 is amended to add the following
        definition:  (9) "Deferred Sales Charge" shall mean any
        deferred sales charge payable in accordance with the pro-
        visions of Section 3.12 hereof, as set forth in the pro-
        spectus for a Trust.  Definitions following this defini-
        tion (9) shall be renumbered.

             H.   Section 3.05 is hereby amended to add the fol-
        lowing paragraph after the end thereof:  On each Deferred
        Sales Charge payment date set forth in the prospectus for
        a Trust, the Trustee shall pay the account created pursu-
        ant to Section 3.12 the amount of the Deferred Sales
        Charge payable on each such date as stated in the prospec-
        tus for a Trust.  Such amount shall be withdrawn from the
        Principal Account from the amounts therein designated for
        such purpose.

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             I.   Section 3.06B(3) shall be amended by adding the
        following:  "and any Deferred Sales Charge paid".

             J.   Section 3.08 shall be amended by adding the fol-
        lowing at the end thereof:  "In order to pay the Deferred
        Sales Charge, the Trustee shall sell or liquidate an
        amount of Securities at such time and from time to time
        and in such manner as the Depositor shall direct such that
        the proceeds of such sale or liquidation shall equal the
        amount required to be paid to the Depositor pursuant to
        the Deferred Sales Charge program as set forth in the pro-
        spectus for a Trust.

             K.   Section 3.12 shall be added as follows:

             Section 3.12.  Deferred Sales Charge.  If the pro-
        spectus for a Trust specifies a Deferred Sales Charge, the
        Trustee shall, on the dates specified in and as permitted
        by the prospectus, withdraw from the Income Account if
        such account is designated in the prospectus as the source
        of the payments of the Deferred Sales Charge, or to the
        extent funds are not available in that account or if such
        account is not so designated, from the Principal Account,
        an amount per Unit specified in the prospectus and credit
        such amount to a special, non-Trust account maintained at
        the Trustee out of which the Deferred Sales Charge will be
        distributed to the Depositor.  If the Income Account is
        not designated as the source of the Deferred Sales Charge
        payment or if the balances in the Income and Principal Ac-
        counts are insufficient to make any such withdrawal, the
        Trustee shall, as directed by the Depositor, either ad-
        vance funds, if so agreed to by the Trustee, in an amount
        equal to the proposed withdrawal and be entitled to reim-
        bursement of such advance upon the deposit of additional
        monies in the Income Account or the Principal Account,
        sell Securities and credit the proceeds thereof to such
        special Depositor's account or credit Securities in kind
        to such special Depositor's Account.  Such directions
        shall identify the Securities, if any, to be sold or dis-
        tributed in kind and shall contain, if the Trustee is di-
        rected by the Depositor to sell a Security, instructions
        as to execution of such sales.  If a Unit Holder redeems
        Units prior to full payment of the Deferred Sales Charge,
        the Trustee shall, if so provided in the prospectus, on
        the Redemption Date, withhold from the Redemption Price
        payment to such Unit Holder an amount equal to the unpaid
        portion of the Deferred Sales Charge and distribute such
        amount to such special Depositor's account or, if the

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        Depositor shall purchase such Unit pursuant to the terms
        of Section 5.02 hereof, the Depositor shall pay the Re-
        demption Price for such Unit less the unpaid portion of
        the Deferred Sales Charge.  The Depositor may at any time
        instruct the  Trustee to distribute to the Depositor cash
        or Securities previously credited to the special Deposi-
        tor's account.

             L.   Reference to "Morgan Stanley Dean Witter Select
        Equity Trust" is replaced by "Morgan Stanley Select Equity
        Trust".

             M.   Reference to "Dean Witter Reynolds Inc." is replaced
        by "Morgan Stanley DW Inc."

             N.   Section 2.03 is amended to add the following to the
        end of the first paragraph thereof.  The number of Units may be
        increased through a split of the Units or decreased through a
        reverse split thereof, as directed by the Depositor, which
        revised number of Units shall be recorded by Trustee on its books.

                                 II.

                SPECIAL TERMS AND CONDITIONS OF TRUST

             The following special terms and conditions are hereby
   agreed to:

             A.   The Trust is denominated Morgan Stanley
   Select Equity Trust Select 10 Industrial Portfolio
   2001-6 (the "Select 10 Trust").

             B.   The publicly traded stocks listed in Schedule A
   hereto are those which, subject to the terms of this Indenture,
   have been or are to be deposited in trust under this Indenture.

             C.   The term, "Depositor" shall mean Morgan Stanley DW
   Inc.

             D.   The aggregate number of Units referred to in
   Sections 2.03 and 9.01 of the Basic Agreement is        for the
   Select 10 Trust.

             E.   A Unit is hereby declared initially equal to
   1/      th for the Select 10 Trust.

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             F.   The term "In-Kind Distribution Date" shall mean
              , 2002.

             G.   The term "Record Dates" shall mean            ,
   2001,              , 2001,             , 2002 and            ,
   2002 and such other date as the Depositor may direct.

             H.   The term "Distribution Dates shall mean
     , 2001,             , 2001,              , 2002 and
     , 2002 and such other date as the Depositor may direct.

             I.   The term "Termination Date" shall mean        ,
   2002.

             J.   The Depositor's Annual Portfolio Supervision Fee
   shall be a maximum of $0.25 per 100 Units.

             K.   The Trustee's Annual Fee as defined in Section
   6.04 of the Indenture shall be $     per 100 Units.

             L.   For a Unit Holder to receive "in-kind" distribu-
   tion during the life of the Trust other than in connection with
   a rollover, such Unit Holder must tender at least 25,000 Units
   for redemption.  On the In-Kind Date there is no minimum amount
   of Units that a Unit Holder must tender in order to receive an
   "in-kind" distribution.

             M.   The Indenture is amended to provide that the pe-
   riod during which the Trustee shall liquidate the Trust Securi-
   ties shall not exceed 14 business days commencing on the first
   business day following the In-Kind Date.

         (Signatures and acknowledgments on separate pages)Exhibit 10.0
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                                WARRANT AGREEMENT

         WARRANT AGREEMENT, dated as of August 24, 2001, between LASIK America,
Inc., a Nevada corporation (the "Company"), and Dr. Howard P. Silverman, the
Chief Executive Officer and President of the Company ("Silverman").

                              W I T N E S S E T H:

         1. Issue. The Company shall issue to Silverman a certificate (the
"Warrant Certificate") dated as of the date hereof providing Silverman, and any
subsequent assignee or transferee of Silverman, with the right to purchase, at
any time, commencing six months after the date that the Company's registration
statement filed on Form SB-2 with the U.S. Securities and Exchange Commission
becomes effective ("Effective Date"), until 5:30 p.m., New York time, five (5)
years from the Effective Date, 125,000 shares of Common Shares of the Company
(the "Warrant Shares") (subject to adjustment as provided in Section 10 hereof),
at an exercise price (subject to adjustment as provided in Section 10 hereof) of
$7.20 per Common Share.

         2. Warrant Certificate. The Warrant Certificate to be delivered
pursuant to this Agreement shall be in the form set forth as an Exhibit,
attached hereto and made a part hereof, with such appropriate insertions,
omissions, substitutions and other variations as are required or permitted by
this Agreement.

         3. Exercisability of Warrants. The Warrants shall be exercisable at any
time commencing six months after the Effective Date, until 5:30 p.m., New York
time, five (5) years after the Effective Date.

         4. Procedure for Exercise of Warrants.

                   4.1 Cash Exercise. The Warrants are exercisable at an
         aggregate initial exercise price per Common Share set forth in Section
         8 hereof payable by certified check or official bank check in New York
         Clearing House funds. Upon surrender of a Warrant Certificate with the
         annexed Form of Election to Purchase duly executed, together with
         payment of the Exercise Price (as hereinafter defined) for the Warrant
         Shares purchased, at the Company's principal offices in Albuquerque,
         New Mexico (presently located at 6646 Indian School Road, N.E.,
         Albuquerque, New Mexico), Silverman shall be entitled to receive a
         certificate for the Warrant Shares so purchased. The purchase rights
         represented by the Warrant Certificate are exercisable at the option of
         Silverman, in whole or in part (but not as to fractional Common Shares
         underlying the Warrants). In the case of the purchase of less than all
         the Warrant Shares purchasable under the Warrant Certificate, the
         Company shall cancel said Warrant Certificate upon the surrender
         thereof and shall execute and deliver a new Warrant Certificate of like
         tenor for the balance of the Warrant Shares purchasable thereunder.

                  4.2 Cashless Exercise. In addition to the exercise of all or a
         portion of the Warrants by the payment of the Exercise Price in cash or
         check as set forth in Section 4.1 above, and in lieu of any such
         payment, Silverman has the right to exercise the Warrants, in full or
         in part, by surrendering the Warrant Certificate with the annexed Form

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         of Election to Purchase duly executed, in exchange for the number of
         Common Shares equal to the product of (x) the number of Common Shares
         as to which the Warrants are being exercised multiplied by (y) a
         fraction, the numerator of which is the Current Market Price of the
         Common Shares (as defined below) less the Exercise Price then in effect
         and the denominator of which is the Current Market Price.

                  4.3 Current Market Price. The term "Current Market Price"
         shall mean (i) if the Shares are traded in the over-the-counter market
         or on the National Association of Securities Dealers, Inc. Automated
         Quotations System ("NASDAQ"), the average per Share closing bid prices
         on the 20 consecutive trading days immediately preceding the date of
         exercise, as reported by NASDAQ or an equivalent generally accepted
         reporting service, or (ii) if the Shares are traded on a national
         securities exchange, the average for the 20 consecutive trading days
         immediately preceding the exercise date of the daily per Share closing
         prices on the principal stock exchange on which the Shares are listed,
         as the case may be. The closing price referred to in clause (ii) above
         shall be the last reported sales price or, if no such reported sale
         takes place on such day, the average of the reported closing bid and
         asked prices, in either case on the national securities exchange on
         which the Shares are then listed.

         5. Issuance of Certificate. Upon the exercise of the Warrants, the
issuance of a certificate for Warrant Shares (or Other Securities) shall be made
forthwith (and in any event within five (5) business days thereafter) without
charge to Silverman including, without limitation, any tax which may be payable
in respect of the issuance thereof, and such certificate shall (subject to the
provisions of Sections 6 and 9 hereof) be issued in the name of, or in such
names as may be directed by Silverman; provided, however, that the Company shall
not be required to pay any tax which may be payable in respect of any transfer
involved in the issuance and delivery of any such certificate in a name other
than that of Silverman and the Company shall not be required to issue or deliver
such certificate unless or until the person or persons requesting the issuance
thereof shall have paid to the Company the amount of such tax or shall have
established to the satisfaction of the Company that such tax has been paid. The
Warrant Certificate and the certificate representing the Warrant Shares (or
Other Securities) shall be executed on behalf of the Company by the manual or
facsimile signature of the then present Chairman or Vice Chairman of the Board
of Directors or President or any Vice President of the Company under its
corporate seal reproduced thereon, attested to by the manual or facsimile
signature of the then present Secretary or any Assistant Secretary of the
Company. The Warrant Certificate shall be dated the date of execution by the
Company upon initial issuance, division, exchange, substitution or transfer.

         6. Transfer of Warrants. Silverman, by his acceptance hereof, covenants
and agrees that the Warrants are being acquired as an investment and not with a
view to the distribution thereof. The Warrants may be sold, transferred,
assigned, hypothecated or otherwise disposed of, in whole or in part, without
restriction, subject to compliance with applicable securities laws.

         7. Redemption of Warrant.

                  7.1 Commencing on the date which is six months after the
         Effective Date, Redemption Date, the Company may, on 30 days' prior

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         written notice, redeem all the Warrants at ten cents ($.10) per
         Warrant, PROVIDED, HOWEVER, that before any such call for redemption of
         Warrants can take place, the average closing bid price for the Common
         Stock as reported by the Over-the-Counter Electronic Bulletin Board
         maintained by the NASD, if the Common Stock is not then traded on any
         national securities exchange shall have equaled or exceeded $9.00 per
         share for any twenty (20) trading days prior to the date on which the
         notice contemplated by (b) and (c) below is given (subject to
         adjustment in the event of any stock splits or other similar events as
         provided in Section 9 hereof).

                  7.2 In case the Company shall exercise its right to redeem all
         of the Warrants, it shall give or cause to be given notice to the
         Registered Holders of the Warrants, by mailing to such Registered
         Holders a notice of redemption, first class, postage prepaid, at their
         last address as shall appear on the records of the Warrant Agent. Any
         notice mailed in the manner provided here shall be conclusively
         presumed to have been duly given whether or not the Registered Holder
         receives such notice. Not less than four (4) trading days prior to the
         mailing to the Registered Holders of the Warrants of the notice of
         redemption, the Company shall deliver or cause to be delivered to the
         representative of the underwriters, a similar notice telephonically and
         confirmed in writing together with a list of the Registered Holders
         (including their respective addresses and number of Warrants
         beneficially owned) to whom such notice of redemption has been or will
         be given.

                    7.3 The notice of redemption shall specify (i) the
         redemption price, (ii) the Redemption Date, which shall in no event be
         less than thirty (30) days after the date of mailing of such notice,
         (iii) the place where the Warrant Certificate shall be delivered and
         the redemption price shall be paid, and (iv) that the right to exercise
         the Warrant shall terminate at 5:30 p.m. (New York time) on the
         business day immediately preceding the date fixed for redemption. No
         failure to mail such notice nor any defect therein or in the mailing
         thereof shall affect the validity of the proceedings for such
         redemption except as to a holder (a) to whom notice was not mailed or
         (b) whose notice was defective. An affidavit of the Warrant Agent or
         the Secretary or Assistant Secretary of the Company that notice of
         redemption has been mailed shall, in the absence of fraud, be prima
         facie evidence of the facts stated therein.

                  7.4 Any right to exercise a Warrant shall terminate at 5:30
         p.m. (New York time) on the business day immediately preceding the
         Redemption Date. The redemption price payable to the Registered Holders
         shall be mailed to such persons at their addresses of record.

         8. Exercise Price.

                  8.1 Initial and Adjusted Exercise Price. Except as otherwise
         provided in Section 9 hereof, the initial exercise price of each

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         Warrant shall be the price set forth in Section 1 hereof per Warrant
         Share issued hereunder. The adjusted exercise price shall be the price
         which shall result from time to time from any and all adjustments of
         the initial exercise price in accordance with the provisions of Section
         9 hereof.

                  8.2 Exercise Price. The term "Exercise Price" herein shall
         mean the initial exercise price or the adjusted exercise price,
         depending upon the context.

         9. Registration Under the Securities Act of 1933. As of the date
hereof, the Warrants, the Warrant Shares and any of the other securities
issuable upon exercise of the Warrants have not been registered under the
Securities Act of 1933, as amended (the "Act"). Upon exercise, in whole or in
part, of the Warrants, a certificate representing the Warrant Shares underlying
the Warrants, and any of the other securities issuable upon exercise of the
Warrants (collectively, the "Warrant Securities") shall bear the following
legend unless such Warrant Shares previously have been registered under the Act
in accordance with the terms hereof: THE SECURITIES REPRESENTED BY THIS
CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED ("ACT"), AND MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO (i) AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT, (ii) TO THE EXTENT APPLICABLE,
RULE 144 UNDER THE ACT (OR ANY SIMILAR RULE UNDER THE ACT RELATING TO THE
DISPOSITION OF SECURITIES), OR (iii) AN OPINION OF COUNSEL, IF SUCH OPINION
SHALL BE REASONABLY SATISFACTORY TO COUNSEL TO THE ISSUER, THAT AN EXEMPTION
FROM REGISTRATION UNDER THE ACT IS AVAILABLE.

         10. Adjustments to Exercise Price and Number of Securities. The
Exercise Price and, in some cases, the number of Warrant Shares purchasable upon
the exercise of the Warrants, shall be subject to adjustment from time to time
upon the occurrence of certain events described in this Section 10.

                  10.1 Subdivision or Combination of Common Shares and Common
         Share Dividend. In case the Company shall at any time subdivide its
         outstanding Common Shares into a greater number of Common Shares or
         declare a dividend upon its Common Shares payable solely in Common
         Shares, the Exercise Price in effect immediately prior to such
         subdivision or declaration shall be proportionately reduced, and the
         number of Warrant Shares issuable upon exercise of the Warrants shall
         be proportionately increased. Conversely, in case the outstanding
         Common Shares of the Company shall be combined into a smaller number of
         Common Shares, the Exercise Price in effect immediately prior to such
         combination shall be proportionately increased, and the number of
         Warrant Shares issuable upon exercise of the Warrants shall be
         proportionately reduced.

                  10.2 Notice of Adjustment. Promptly after adjustment of the
         Exercise Price or any increase or decrease in the number of Warrant
         Shares purchasable upon the exercise of this Warrant, the Company shall
         give written notice thereof, by first class mail, postage prepaid,
         addressed to Silverman of this Warrant at the address shown on the
         books of the Company. The notice shall be signed by the Company's chief
         financial officer and shall state (i) the effective date of the
         adjustment and the Exercise Price resulting from such adjustment and

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         (ii) the increase or decrease, if any, in the number of Common Shares
         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.

                  10.3 Other Notices. If at any time: (a) the Company shall
         declare any cash dividend upon its Common Shares; (b) the Company shall
         declare any dividend upon its Common Shares payable in securities
         (other than a dividend payable solely in Common Shares) or make any
         special dividend or other distribution to Silverman of its Common
         Shares; (c) there shall be any consolidation or merger of the Company
         with another corporation, or a sale of all or substantially all of the
         Company's assets to another corporation; or (d) there shall be a
         voluntary or involuntary dissolution, liquidation or winding-up of the
         Company; then, in any one or more of said cases, the Company shall
         give, by certified or registered mail, postage prepaid, addressed to
         Silverman of this Warrant at the address of Silverman as shown on the
         books of the Company, (i) at least 15 days' prior written notice of the
         date on which the books of the Company shall close or a record shall be
         taken for such dividend, distribution or subscription rights or for
         determining rights to vote in respect of any such dissolution,
         liquidation or winding-up; (ii) at least 10 days' prior written notice
         of the date on which the books of the Company shall close or a record
         shall be taken for determining rights to vote in respect of any such
         reorganization, reclassification, consolidation, merger or sale, and
         (iii) in the case of any such reorganization, reclassification,
         consolidation, merger, sale, dissolution, liquidation or winding-up, at
         least 15 days' written notice of the date when the same shall take
         place. Any notice given in accordance with clause (i) above shall also
         specify, in the case of any such dividend, distribution or option
         rights, the date on which shall be entitled thereto. Any notice given
         in accordance with clause (iii) above shall also specify the date on
         which Silverman shall be entitled to exchange his Common Shares for
         securities or other property deliverable upon such reorganization,
         reclassification, consolidation, merger, sale, dissolution, liquidation
         or winding-up, as the case may be. If Silverman does not exercise this
         Warrant prior to the occurrence of an event described above, except as
         provided in Sections 10.1 and 10.5, then Silverman shall not be
         entitled to receive the benefits accruing to existing holders of the
         Common Shares in such event.

                  10.4 Changes in Common Shares. In case at any time the Company
         shall be a party to any transaction (including, without limitation, a
         merger, consolidation, sale of all or substantially all of the
         Company's assets or recapitalization of the Common Shares) in which the
         previously outstanding Common Shares shall be changed into or exchanged
         for different securities of the Company or common stock or other
         securities of another corporation or interests in a non-corporate
         entity or other property (including cash) or any combination of any of
         the foregoing (each such transaction being herein called the
         "Transaction" and the date of consummation of the Transaction being
         herein called the "Consummation Date"), then, as a condition of the
         consummation of the Transaction, lawful and adequate provisions shall
         be made so that Silverman, upon the exercise hereof at any time on or

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         after the Consummation Date, shall be entitled to receive, and this
         Warrant shall thereafter represent the right to receive, in lieu of the
         Common Shares issuable upon such exercise prior to the Consummation
         Date, the highest amount of securities or other property to which
         Silverman would actually have been entitled upon the consummation of
         the Transaction if Silverman had exercised such Warrant immediately
         prior thereto. The provisions of this Section 10.5 shall similarly
         apply to successive Transactions.

         11. Exchange and Replacement of Warrant Certificate. The Warrant
Certificate is exchangeable without expense, upon the surrender thereof by
Silverman at the principal executive office of the Company, for a new Warrant
Certificate of like tenor and date representing in the aggregate the right to
purchase the same number of Warrant Shares in such denominations as shall be
designated by Silverman thereof 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 the Warrant Certificate, and, in case of loss,
theft or destruction, of indemnity or security reasonably satisfactory to it,
and reimbursement to the Company of all reasonable expenses incidental thereto,
and upon surrender and cancellation of the Warrants, if mutilated, the Company
will make and deliver a new Warrant Certificate of like tenor, in lieu thereof.

         12. Elimination of Fractional Interests. The Company shall not be
required to issue certificates representing fractions of Common Shares upon the
exercise of the Warrants, nor shall it be required to issue scrip or pay cash in
lieu of fractional interests, it being the intent of the parties that all
fractional interests shall be eliminated by rounding any fraction up to the
nearest whole number of Common Shares or Other Securities.

         13. Reservation of Securities. The Company shall at all times reserve
and keep available out of its authorized Common Shares, solely for the purpose
of issuance upon the exercise of the Warrants, such number of Common Shares or
Other Securities as shall be issuable upon the exercise thereof. The Company
covenants and agrees that, upon exercise of the Warrants and payment of the
Exercise Price therefor, all Common Shares or Other Securities issuable upon
such exercise shall be duly and validly issued, fully paid, non-assessable and
not subject to the preemptive rights of any holder of Common Shares.

         14. Notices to Warrant Holder. Nothing contained in this Agreement
shall be construed as conferring upon the holder by virtue of his holding the
Warrant the right to vote or to consent or to receive notice as a holder of
Common Shares in respect of any meetings of such holders for the election of
directors or any other matter, or as having any rights whatsoever as such a
shareholder of the Company.

         15. Notices. All notices, requests, consents and other communications
hereunder shall be in writing and shall be deemed to have been duly made and
sent when delivered, or mailed by registered or certified mail, return receipt
requested: (a) If to Silverman, to the address of Silverman as shown on the
books of the Company; or (b) If to the Company, to the address set forth in
Section 4 hereof or to such other address as the Company may designate by notice
to the Silverman.

                                        6

<PAGE>

         16. Supplements and Amendments. The Company and Silverman may from time
to time supplement or amend this Agreement in order to cure any ambiguity, to
correct or supplement any provision contained herein which may be defective or
inconsistent with any provisions herein, or to make any other provisions in
regard to matters or questions arising hereunder which the Company and Silverman
may deem necessary or desirable.

         17. Successors.   All the covenants and provisions of this Agreement
shall be binding upon and inure to the benefit of the Company, Silverman and
their respective successors and assigns hereunder.

         18. Termination.   This Agreement shall terminate at the close of
business on the tenth anniversary of the issuance of the Warrants.

         19. Governing Law. This Agreement and the Warrant Certificate issued
hereunder shall be deemed to be a contract made under the laws of the State of
Nevada and for all purposes shall be construed in accordance with the laws of
the State of Nevada without giving effect to the rules of the State of Nevada
governing the conflicts of laws.

         20. Entire Agreement; Modification. This Agreement contains the entire
understanding between the parties hereto with respect to the subject matter
hereof and may not be modified or amended except by a writing duly signed by the
party against whom enforcement of the modification or amendment is sought.

         21. Severability.   If any provision of this Agreement shall be held to
be invalid or unenforceable, such invalidity or unenforceability shall not
affect any other provision of this Agreement.

         22. Captions.   The caption headings of the Sections of this Agreement
are for convenience of reference only and are not intended, nor should they be
construed as, a part of this Agreement and shall be given no substantive effect.

         23. Benefits of this Agreement. Nothing in this Agreement shall be
construed to give to any person or corporation other than the Company and
Silverman any legal or equitable right, remedy or claim under this Agreement;
and this Agreement shall be for the sole and exclusive benefit of the Company
and Silverman.

         24. Counterparts.   This Agreement may be executed in any number of
counterparts and each of such counterparts shall for all purposes be deemed to
be an original, and such counterparts shall together constitute but one and the
same instrument.

                                        7

<PAGE>

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

LASIK AMERICA, INC.

By:_______________________________
     Robert Helmer, Chief Operating Officer

ACCEPTED AND AGREED TO: HOLDER

---------------------------------------
Name: Address: Social Security/Tax I.D. No.:
Howard P. Silverman

                                        8

<PAGE>

                          [FORM OF WARRANT CERTIFICATE]

         THE WARRANTS REPRESENTED BY THIS CERTIFICATE AND THE OTHER SECURITIES
ISSUABLE UPON EXERCISE THEREOF MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO (i)
AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE "ACT") (ii) TO THE EXTENT APPLICABLE, RULE 144 UNDER THE ACT (OR ANY
SIMILAR RULE UNDER THE ACT RELATING TO THE DISPOSITION OF SECURITIES), OR (iii)
AN OPINION OF COUNSEL, IF SUCH OPINION SHALL BE REASONABLY SATISFACTORY TO
COUNSEL FOR THE ISSUER, THAT AN EXEMPTION FROM REGISTRATION UNDER THE ACT IS
AVAILABLE. EXERCISABLE FROM THE EFFECTIVE DATE UNTIL 5:30 P.M., NEW YORK TIME,
FIVE YEARS (5) AFTER THE EFFECTIVE DATE.

                               WARRANT CERTIFICATE

         This Warrant Certificate certifies that or his/her registered assigns
("Holder"), is the registered Holder of 125,000 Warrants to purchase initially
at any time commencing six months after the Effective Date, until 5:30 p.m. New
York time, five (5) years after the Effective Date ("Expiration Date"), up to
125,000 fully-paid and non-assessable shares of common stock, par value $.001
per share ("Common Shares") of LASIK AMERICA, INC., a Nevada corporation (the
"Company"), at an initial exercise price, subject to adjustment in certain
events (the "Exercise Price"), equal to $7.20 per Common Share, upon surrender
of this Warrant Certificate and payment of the initial exercise price at an
office or agency of the Company, but subject to the conditions set forth herein
and in the Warrant Agreement dated as of the date hereof between the Company and
Silverman (the "Warrant Agreement"). Payment of the Exercise Price shall be made
by certified check or official bank check in New York Clearing House funds
payable to the order of the Company, unless exercise is made pursuant to Section
4.2 of the Warrant Agreement. No Warrant may be exercised after 5:30 p.m., New
York time, on the Expiration Date, at which time all Warrants evidenced hereby,
unless exercised prior thereto, shall thereafter be void. The Warrants evidenced
by this Warrant Certificate are part of a duly authorized issue of Warrants
issued pursuant to a certain Warrant Agreement, which Warrant Agreement is
hereby incorporated by reference in and made a part of this instrument and is
hereby referred to for a description of the rights, limitation of rights,
obligations, duties and immunities thereunder of the Company and the Holder (the
word "Holder" meaning the registered Holder) of the Warrants. The Warrant
Agreement provides that upon the occurrence of certain events, the Exercise
Price and the type and/or number of the Company's securities issuable thereupon
may, subject to certain conditions, be adjusted. In such event, the Company
will, at the request of the Holder, issue a new Warrant Certificate evidencing
the adjustment in the Exercise Price and the number and/or type of securities
issuable upon the exercise of the Warrants; provided, however, that the failure
of the Company to issue such new Warrant Certificate shall not in any way
change, alter, or otherwise impair, the rights of the Holder as set forth in the
Warrant Agreement. Upon due presentment for registration of transfer of this
Warrant Certificate at an office or agency of the Company, a new Warrant
Certificate or Warrant Certificates of like tenor and evidencing in the
aggregate a like number of Warrants shall be issued to the transferee(s) in
exchange for this Warrant Certificate, subject to the limitations provided
herein and in the Warrant Agreement, without any charge except for any tax or
other governmental charge imposed in connection with such transfer. Upon the
exercise of less than all of the Warrants evidenced by this Certificate, the
Company shall forthwith issue to the Holder hereof a new Warrant Certificate

                                        9

<PAGE>

representing such number of unexercised Warrants. The Company may deem and treat
the registered Holder(s) hereof as the absolute owner(s) of this Warrant
Certificate (notwithstanding any notation of ownership or other writing hereon
made by anyone), for the purpose of any exercise hereof, and of any distribution
to the Holder(s) hereof, and for all other purposes, and the Company shall not
be affected by any notice to the contrary. All terms used in this Warrant
Certificate which are defined in the Warrant Agreement shall have the meanings
assigned to them in the Warrant Agreement.

         IN WITNESS WHEREOF, the Company has caused this Warrant Certificate to
be duly executed.

Dated as of August 24, 2001.

LASIK AMERICA, INC.

----------------------------------
By:  Robert S. Helmer
     Chief Operating Officer

                                       10

<PAGE>

                         [FORM OF ELECTION TO PURCHASE]

         The undersigned hereby irrevocably elects to exercise the right,
represented by this Warrant Certificate, to purchase _______ Common Shares and
herewith tenders in payment for such securities a certified check or official
bank check payable in New York Clearing House Funds to the order of LASIK
AMERICA, INC. in the amount of $_____, all in accordance with the terms of
Section 4 of the Warrant Agreement dated as of ____________, 2001, between LASIK
AMERICA, INC. and the undersigned (or its assignor). The undersigned requests
that a certificate for such securities be registered in the name of __________
whose address is __________ and that such Certificate be delivered to whose
address is _________.

Dated:

Signature _________________________________
(Signature must conform in all respects to name of Holder as specified on the
face of the Warrant Certificate.) (Insert Social Security or Other Identifying
Number of Holder)

                              [FORM OF ASSIGNMENT]

       (To be executed by the registered Holder if such Holder desires to
transfer the Warrant Certificate.)

         FOR VALUE RECEIVED ________________ hereby sells, assigns and transfers
unto (Please print name and address of transferee) this Warrant Certificate,
together with all right, title and interest therein, and does hereby irrevocably
constitute and appoint Attorney, to transfer the within Warrant Certificate on
the books of the within-named Company, with full power of substitution.

Dated: ________________

Signature:________________________          SSN:__________________________
(Signature must conform in all respects to name of Holder as specified on the
face of the Warrant Certificate.) (Insert Social Security or Other Identifying
Number of Assignee)

                                       11

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