Document:

Exhibit
        4.1

      

      NOT
        VALID
        UNLESS COUNTERSIGNED BY TRANSFER AGENT

      INCORPORATED
        UNDER THE LAWS OF THE STATE OF

      DELAWARE

       

      
        	NUMBER 	
                BIOLOK

              	SHARES 
	
                 

              	
                INTERNATIONAL
                  INC 

              	 
	 	 	 
	 	
                CUSIP
                  NO. 090943 20 0 

              
	 	 

         

        
          	
                  AUTHORIZED
                    COMMON STOCK: 20,000,000 SHARES

                  PAR
                    VALUE: $.01

                

        

      

      

      THIS
        CERTIFIES THAT

      

      IS
        THE
        RECORD HOLDER OF

       

      Shares
        of
        BIO-LOK INTERNATIONAL, INC. Common Stock

      

      transferable
        on the books of the Corporation in person or by duly authorized attorney
        upon
        surrender of this Certificate properly endorsed. This Certificate is not
        valid
        until countersigned by the Transfer Agent and registered by the
        Registrar.

      

      Witness
        the facsimile seal of the Corporation and the facsimile signatures of its
        duly
        authorized officers.

      

      Dated:

       

      
        	
                /s/
                  Ingo K. Kozak 

              	
                [Corporate
                  Seal] 

              	/s/ Bruce Hollander 
	Secretary 	 	President 

      

      

      Interwest
        Transfer Co. Inc., P.O. Box 17135/Salt Lake City, Utah 84117

       

      COUNTERSIGNED
        & REGISTERED

      /s/

      COUNTERSIGNED
        Transfer Agent-Authorized SignatureExhibit
      4.2

    

    THE
      WARRANT REPRESENTED BY THIS CERTIFICATE AND THE SECURITIES ISSUABLE UPON
      EXERCISE THEREOF MAY NOT BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED OR OTHERWISE
      DISPOSED OF, IN WHOLE OR IN PART, UNLESS ANY SUCH TRANSACTION IS REGISTERED
      UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR AN EXEMPTION FROM THE
      REGISTRATION REQUIREMENTS UNDER SAID ACT IS AVAILABLE, AND THE COMPANY HAS
      RECEIVED AN OPINION OF COUNSEL TO SUCH EFFECT, WHICH OPINION IS REASONABLY
      SATISFACTORY TO THE COMPANY.

     

    
      
        

      

       

      
        	
                Warrant
                  to Purchase

              	
                Warrant
                  No. W-1

              
	________ Shares 	 
	 	 

      

      WARRANT
        TO PURCHASE COMMON STOCK

       

      Subject
        to the terms and conditions hereinafter set forth, _______________ (the
        "Holder"), are entitled to purchase from
        Bio-Lok
        International Inc.,
        a
        Delaware corporation (the "Company"), at any time and from time to time during
        the period from March 3, 2005 (the "Commencement Date") until 5:00 p.m.,
        Miami,
        Florida Time, on March 2, 2010 (the "Expiration Date"), at which time this
        Warrant to Purchase Common Stock (the "Warrant") shall expire and become
        void,
        an aggregate of ___________ shares of the Company's common stock, par value
        $.01
        per share (the "Common Stock"), which number of shares of Common Stock is
        subject to adjustment from time to time, as described below, upon payment
        therefor of the exercise price of $.75
        per
        share of Common Stock in lawful funds of the United States of America (except
        as
        provided below), such amounts (the "Basic Exercise Price") being subject
        to
        adjustment in the cir-cumstances set forth herein. This applicable Basic
        Exercise Price, until such adjustment is made and thereafter as adjusted
        from
        time to time, is called the "Exercise Price." 

       

    

    1. Exercise
      of Warrant.
      This
      Warrant may be exercised in whole or in part at any time from and after the
      Commencement Date and on or before the Expiration Date, provided however, if
      such Expiration Date is a day on which Federal or State chartered banking
      institutions located in the State of Florida are authorized by law to close,
      then the Expiration Date shall be deemed to be the next succeeding day which
      shall not be such a day, by presentation and surrender to the Company at its
      principal office, or at the office of any transfer agent for the Warrants
      ("Transfer Agent"), designated by the Company, of this Warrant accompanied
      by
      the form of election to purchase on the last page hereof signed by the Holder
      and upon payment of the Exercise Price for the Common Stock purchased thereby,
      by cashier's check or by wire transfer of immediately available funds.
      Notwithstanding anything contained herein to the contrary, the Exercise Price
      of
      the Warrant may be satisfied by the delivery to the Company or the Transfer
      Agent for cancellation of an unexercised portion of this Warrant having a market
      value, as determined by the spread as of the date of surrender between the
      then
      Exercise Price and the market price of the shares of Common Stock underlying
      this Warrant, equal to the aggregate Exercise Price of the portion of this
      Warrant desired to be then exercised. If this Warrant is exercised in part
      only,
      the Company or Transfer Agent shall, promptly after presentation of this Warrant
      upon such exercise, execute and deliver a new Warrant, dated the date hereof,
      evidencing the rights of the Holder to purchase the balance of the Common Stock
      purchasable hereunder upon the same terms and conditions herein set forth.
      This
      Warrant shall be deemed to have been exercised immediately prior to the close
      of
      business on the date of its surrender for exercise as provided above, and the
      person entitled to receive the Common Stock shall be treated for all purposes
      as
      the holder of such shares of record as of the close of business on such date.
      As
      promptly as practicable, the Company shall issue and deliver to the person
      or
      persons entitled to receive the same a certificate or certificates for the
      number of shares of Common Stock issuable upon such exercise, together with
      cash
      in lieu of any fraction of a share as provided below. 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    2. Registration
      Rights.
      

    

    2.1 If
      at any
      time during the five (5) years after the Commencement Date the Company shall
      prepare and file one or more registration statements under the Securities Act
      with respect to a public offering of equity or debt securities of the Company,
      or of any such securities of the Company held by its security holders (except
      a
      business combination on Form S-4 or employee stock options on Form S-8), the
      Company will include in any such registration statement such information as
      is
      required, and such number of shares of Common Stock underlying the Warrant
      as
      may be requested by the Holder, to permit a public offering of the shares of
      Common Stock so requested; provided, however, that if, in the written opinion
      of
      the Company's managing underwriter, if any, for such offering, the inclusion
      of
      the shares of Common Stock requested to be registered, when added to the
      securities being registered by the Company or the selling security holder(s),
      would exceed the maximum amount of the Company's securities that can be marketed
      without otherwise materially and adversely affecting the entire offering, then
      the Company may exclude from such offering that portion of the shares of Common
      Stock requested to be so registered, so that the total number of securities
      to
      be registered is within the maximum number of shares that, in the opinion of
      the
      managing underwriter, may be marketed without otherwise materially and adversely
      affecting the entire offering. In the event of such a proposed registration,
      the
      Company shall furnish the then Holders with not less than thirty (30) days'
      written notice prior to the proposed date of filing of such registration
      statement. The holders of shares of Common Stock shall exercise the rights
      provided for in this Subsection 2.1 by giving written notice to the Company
      within twenty (20) days of receipt of the Company's notice of its intention
      to
      file a registration statement. 

    

    2.2 The
      Company shall bear all expenses incurred in the preparation and filing of the
      registration statements as required under 2.1 above, any post-effective
      amendment (and related state registrations, to the extent permitted by
      applicable law), and the furnishing of copies of the preliminary and final
      prospectus thereof to the Holder, other than expenses of the Holder's counsel,
      and other than sales commissions incurred by the then holders with respect
      to
      the sale of such securities. The Company shall use its best efforts to ensure
      that such registration statement is declared effective and remains effective
      until such time as all of the shares of Common Stock have been registered or
      may
      be sold without registration under the Securities Act or applicable state
      securities laws and regulations, and without limitation as to volume, pursuant
      to Rule 144 of the Securities Act.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    2.3 With
      respect to 2.1 above, the Company shall furnish to the Holder such number of
      copies of a summary prospectus or other prospectus, including a preliminary
      prospectus, in conformity with the requirements of the Securities Act, and
      such
      other documents, as holder may reasonably request in order to facilitate the
      sale of the Common Stock owned by Holder. 

     

    2.4 With
      respect to 2.1 above the Company will use its commercially reasonable efforts
      to
      register or qualify the securities covered by such Registration Statement under
      applicable blue sky laws, and do such other reasonable acts and things as may
      be
      required in jurisdictions to which such blue sky laws apply; provided however,
      that the Company shall not be obligated to file any general consent to service
      of process or qualify as a foreign corporation in any jurisdiction.

     

    2.5 With
      respect to 2.1 above, the Company shall furnish at the request of the Holder,
      on
      the date that the Registration Statement becomes effective, an opinion, dated
      as
      of such date, of the independent counsel representing the Company for the
      purposes of such registration, addressed to the Holder stating that such
      Registration Statement has become effective under the Securities Act and that
      to
      the best knowledge of such counsel, no stop order suspending the effectiveness
      thereof has been issued and no proceedings for that purpose have been instituted
      or are pending or contemplated under the Securities Act. 

     

    3. Reservation
      of Common Stock.
      The
      Company covenants that, during the period this Warrant is exercisable, the
      Company will reserve from its authorized and unissued Common Stock a sufficient
      number of shares of Common Stock to provide for the issuance of the shares
      of
      Common Stock upon the exercise of this Warrant. This Company agrees that its
      issuance of this Warrant shall constitute full authority to its officers who
      are
      charged with the duty of executing stock certificates to execute and issue
      the
      necessary certificates for shares of Common Stock upon the exercise of this
      Warrant.

     

    4. No
      Shareholder Rights.
      This
      Warrant, as such, shall not entitle the Holder to any rights of a shareholder
      of
      the Company, until the Holder has exercised this Warrant in accordance with
      Section 1 hereof.

    

    5. Adjustment
      of Exercise Price and Number of Shares.
      

    

    5.1 The
      number and kind of securities issuable upon the exercise of this Warrant shall
      be subject to adjustment from time to time, and the Company agrees to provide
      notice upon the happening of certain events, as follows:

    

    a. If
      the
      Company is recapitalized through the subdivision or combination of its
      outstanding shares of Common Stock into a larger or smaller number of shares
      of
      Common Stock, the number of shares of Common Stock for which this Warrant may
      be
      exercised shall be increased or reduced, as of the record date for such
      recapitalization, in the same proportion as the increase or decrease in the
      outstanding shares of Common Stock, and the Exercise Price shall be adjusted
      so
      that the aggregate amount payable for the purchase of all of the shares of
      Common Stock issuable hereunder immediately after the record date for such
      recapitalization shall equal the aggregate amount so payable immediately before
      such record date.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    b. If
      the
      Company declares a dividend on its Common Stock payable in shares of its Common
      Stock or securities convertible into shares of its Common Stock, the number
      of
      shares of Common Stock for which this Warrant may be exercised shall be
      increased as of the record date for determining which holders of Common Stock
      shall be entitled to receive such dividend, in proportion to the increase in
      the
      number of outstanding shares of Common Stock (and shares of Common Stock
      issuable upon conversion of all such securities convertible into shares of
      Common Stock) as a result of such dividend, and the Exercise Price shall be
      adjusted so that the aggregate amount payable for the purchase of all the shares
      of Common Stock issuable hereunder immediately after the record date for such
      dividend shall equal the aggregate amount so payable immediately before such
      record date.

     

    c. If
      the
      Company effects a general distribution to holders of its Common Stock, other
      than as part of the Company's dissolution or liquidation or the winding up
      of
      its affairs, of any shares of its capital stock, any evidence of indebtedness
      or
      any of its assets (other than cash, shares of Common Stock or securities
      convertible into shares of Common Stock), the Company shall give written notice
      to the Holder of any such general distribution at least fifteen (15) days prior
      to the proposed record date in order to permit the Holder to exercise this
      Warrant on or before the record date. There shall be no adjustment in the number
      of shares of Common Stock for which this Warrant may be exercised, or in the
      Exercise Price, by virtue of any such general distribution, except as otherwise
      provided herein.

    

    d. If
      the
      Company offers rights or warrants (other than the Warrant) to all holders of
      its
      Common Stock which entitle them to subscribe to or purchase additional shares
      of
      Common Stock or securities convertible into shares of Common Stock, the Company
      shall give written notice of any such proposed offering to the Holder at least
      fifteen (15) days prior to the proposed record date in order to permit the
      Holder to exercise this Warrant on or before such record date.

    

    e. In
      the
      event an adjustment in the Exercise Price or the number of shares of Common
      Stock issuable hereunder is made under subsection a. or b. above, and such
      an
      event does not occur, then any adjustments in the Exercise Price or number
      of
      shares of Common Stock issuable upon exercise of this Warrant that were made
      in
      accordance with such subsection a. or b. shall be re-adjusted to the Exercise
      Price and number of shares of Common Stock as were in effect immediately prior
      to the record date for such an event.

    

    5.2 In
      the
      event of any reorganization or reclassification of the outstanding shares of
      Common Stock (other than a change in par value, or from no par value to par
      value, or from par value to no par value, or as a result of a subdivision or
      combination) or in the event of any consolidation or merger of the Company
      with
      another entity at any time prior to the expiration of this Warrant, the Holder
      shall have the right to exercise this Warrant. Upon such exercise, the Holder
      shall have the right to receive the same kind and number of shares of capital
      stock and other securities, cash or other property as would have been
      distributed to the Holder upon such reorganization, reclassification,
      consolidation or merger. The Holder shall pay upon such exercise the Exercise
      Price that otherwise would have been payable pursuant to the terms of this
      Warrant. If any such reorganization, reclassification, consolidation or merger
      results in a cash distribution in excess of the then applicable Exercise Price,
      the Holder may, at the Holder's option, exercise this Warrant without making
      payment of the Exercise Price, and in such case the Company shall, upon
      distribution to the Holder, consider the Exercise Price to have been paid in
      full, and in making settlement to the Holder, shall deduct an amount equal
      to
      the Exercise Price from the amount payable to the Holder. In the event of any
      such reorganization, merger or consolidation, the corporation formed by such
      consolidation or merger or the corporation which shall have acquired the assets
      of the Company shall execute and deliver a supplement hereto to the foregoing
      effect, which supplement shall also provide for adjustments which shall be
      as
      nearly equivalent as may be practicable to the adjustments provided in the
      Warrant.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    5.3 If
      the
      Company shall, at any time before the expiration of this Warrant, dissolve,
      liquidate or wind up its affairs, the Holder shall have the right to exercise
      this Warrant. Upon such exercise the Holder shall have the right to receive,
      in
      lieu of the shares of Common Stock of the Company that the Holder otherwise
      would have been entitled to receive, the same kind and amount of assets as
      would
      have been issued, distributed or paid to the Holder upon any such dissolution,
      liquidation or winding up with respect to such stock receivable upon exercise
      of
      this Warrant on the date for determining those entitled to receive any such
      distribution. If any such dissolution, liquidation or winding up results in
      any
      cash distribution in excess of the Exercise Price provided by this Warrant,
      the
      Holder may, at the Holder's option, exercise this Warrant without making payment
      of the Exercise Price and, in such case, the Company shall, upon distribution
      to
      the Holder, consider the Exercise Price to have been paid in full and, in making
      settlement to the Holder, shall deduct an amount equal to the Exercise Price
      from the amount payable to the Holder.

    

    5.4 Upon
      each
      adjustment of the Exercise Price pursuant to Section 5 hereof, the Holder shall
      thereafter (until another such adjustment) be entitled to purchase, at the
      adjusted Exercise Price in effect on the date this Warrant is exercised, the
      number of shares of Common Stock, calculated to the nearest whole number of
      shares, determined by (a) multiplying the number of shares of Common Stock
      purchasable hereunder immediately prior to the adjustment of the Exercise Price
      by the Exercise Price in effect immediately prior to such adjustment, and (b)
      dividing the product so obtained by the adjusted Exercise Price in effect on
      the
      date of such exercise. The provisions of Section 8 shall apply, however, so
      that
      no fractional share of Common Stock or fractional Warrant shall be issued upon
      exercise of this Warrant. 

    

    5.5 The
      Company may retain a firm of independent public accountants of recognized
      standing (who may be any such firm regularly employed by the Company) to make
      any computation required under this Section 5, and a certificate signed by
      such
      firm shall be conclusive evidence of the correctness of any computation made
      under this Section 5.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    6. Notice
      to Holder.
      So long
      as this Warrant shall be outstanding (a) if the Company shall pay any dividends
      or make any distribution upon the Common Stock otherwise than in cash or (b)
      if
      the Company shall offer generally to the holders of Common Stock the right
      to
      subscribe to or purchase any shares of any class of capital stock or securities
      convertible into capital stock or any similar rights or (c) if there shall
      be
      any capital reorganization of the Company in which the Company is not the
      surviving entity, recapitalization of the capital stock of the Company,
      consolidation or merger of the Company with or into another corporation, sale,
      lease or other transfer of all or substantially all of the property and assets
      of the Company, or voluntary or involuntary dissolution, liquidation or winding
      up of the Company, then in such event, the Company shall cause to be mailed
      by
      registered or certified mail to the Holder, at least thirty (30) days prior
      to
      the relevant date described below (or such shorter period as is reasonably
      possible if thirty (30) days is not reasonably possible), a notice containing
      a
      description of the proposed action and stating the date or expected date on
      which a record of the Company's shareholders is to be taken for the purpose
      of
      any such dividend, distribution of rights, or such reorganization,
      recapitalization, consolidation, merger, sale, lease or transfer, dissolution,
      liquidation or winding up is to take place and the date or expected date, if
      any
      is to be fixed, as of which the holders of Common Stock of record shall be
      entitled to exchange their shares of Common Stock for securities or other
      property deliverable upon such event.

     

    7. Certificate
      of Adjustment.
      Whenever the Exercise Price or number or type of securities issuable upon
      exercise of this Warrant is adjusted, as herein provided, the Company shall
      promptly deliver to the Holder of this Warrant a certificate of an officer
      of
      the Company setting forth the nature of such adjustment and a brief statement
      of
      the facts requiring such adjustment.

    

    8. No
      Fractional Shares.
      No
      fractional shares of Common Stock will be issued in connection with any
      subscription hereunder. In lieu of any fractional shares which would otherwise
      be issuable, the Company shall pay cash equal to the product of such fraction
      multiplied by the fair market value of one share of Common Stock on the date
      of
      exercise, as determined in good faith by the Company's Board of
      Directors.

    

    9. Transfer
      or Loss of Warrant.

    

    9.1 All
      or
      any part of this Warrant may be transferred to any of the members, directors,
      officers, employees or partners of the Holder or any successor upon the delivery
      of this Warrant as specified in Section 1 hereof accompanied by a certificate
      from the Holder that each of the transferees have such status with the Holder.
      Except as provided in the preceding sentence, prior to any proposed transfer
      of
      the Securities, unless there is in effect a registration statement under the
      Securities Act, covering the proposed transfer, the Holder thereof shall give
      written notice to the Company of such Holder's intention to effect such
      transfer. Each such notice shall describe the manner and circumstances of the
      proposed transfer in sufficient detail, and shall, if the Company so requests,
      be accompanied by an unqualified written opinion of legal counsel addressed
      to
      the Company and reasonably satisfactory in form and substance to the Company,
      to
      the effect that the proposed transfer of the Securities may be effected without
      registration under the Securities Act, whereupon the Holder of the Securities
      shall be entitled to transfer the Securities in accordance with the terms of
      the
      notice delivered by the Holder to the Company. Each certificate evidencing
      the
      Securities transferred as above provided shall not bear such restrictive legends
      if in the opinion of counsel for the Company such legends are not required
      in
      order to establish compliance with any provisions of the Securities
      Act. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    9.2 Upon
      receipt by the Company of evidence satisfactory to it of loss, theft,
      destruction or mutilation of this Warrant and, in the case of loss, theft or
      destruction, of reasonably satisfactory indemnification, or, in the case of
      mutilation, upon surrender of this Warrant, the Company will execute and
      deliver, or instruct the Transfer Agent to execute and deliver, a new Warrant
      of
      like tenor and date and any such lost, stolen or destroyed Warrant thereupon
      shall become void.

     

    10. Notices.
      Notices
      and other communications to be given to the Holder shall be deemed sufficiently
      given if delivered by hand, or five (5) days after mailing by registered or
      certified mail, postage prepaid, to the Holder at One Alhambra Plaza, Suite
      1410, Coral Gables, Florida 33134. Notices or other communications to the
      Company shall be deemed to have been sufficiently given if delivered by hand
      or
      five (5) days after mailing if mailed by registered or certified mail postage
      prepaid, to the Company at 368 South Military Trail, Deerfield Beach, FL 33442.
      A party may change the address to which notice shall be given by notice pursuant
      to this Section 10.

    

    11. Entire
      Agreement and Modification.
      The
      Company and the Holder of this Warrant hereby represent and warrant that this
      Warrant is intended to and does contain and embody all of the understandings
      and
      agreements, both written and oral, of the parties hereto with respect to the
      subject matter of this Warrant, and that there exists no oral agreement or
      understanding, express or implied, whereby the absolute, final and unconditional
      character and nature of this Warrant shall be in any way invalidated, impaired
      or affected. A modification or waiver of any of the terms, conditions or
      provisions of this Warrant shall be effective only if made in writing and
      executed with the same formality of this Warrant.

    

    12. Governing
      Law.
      This
      Warrant shall be governed by and construed in accordance with the laws of the
      State of Florida, without application of the principles of conflicts of
      laws.

    

    IN
      WITNESS WHEREOF, the Company has executed this Warrant as of March 2,
      2005.

    
      	 	 
	
              By:

            	 
	
               Name:

            	 

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    ELECTION
      TO PURCHASE

    

    

    TO: _________________________________

    

    The
      undersigned hereby irrevocably elects to exercise Warrants represented by this
      Warrant to Purchase Common Stock to purchase ____________ shares of Common
      Stock
      issuable upon the exercise of such Warrants and requests that certificates
      for
      such shares and Warrants be issued in the name of:

     

    (Please
      insert social security or other identifying number)

    

    (Please
      print name and address)

    
      	 	 	 
	Dated:____________________,
              ____	 	_________________________________________________________ 
	 	 	(Signature
              must conform in all respects to name of holder as
              specified on the face of the
              Warrant) 

    

    

    TRANSFER
      OF WARRANT 

    

    

    TO: _________________________________

    

    The
      undersigned hereby transfers Warrants represented by this Warrant to Purchase
      Common Stock in the following amounts:

     

    
      
        	
              	 	 
	Transferee	 	Number
                of Warrants 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	
              

      

      
        	 	 	 
	Dated:____________________,
                ____	 	_________________________________________________________ 
	 (Signature
                must conform in all respects to
                name of holder as specified on the face of the
                Warrant)

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