Document:

THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE
SOLD, OFFERED FOR SALE OR OTHERWISE TRANSFERRED, PLEDGED OR HYPOTHECATED IN THE
ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO SUCH SECURITIES, OR
DELIVERY OF AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE
ISSUER OF THESE SECURITIES THAT SUCH REGISTRATION IS NOT REQUIRED.

                                  MDWERKS, INC.

                             SECURED PROMISSORY NOTE
                             -----------------------

U.S. $250,000.00                                                 AUGUST 24, 2006

         THIS PROMISSORY NOTE (this "Note") is made as of this 24th day of
August, 2006 by MDwerks, Inc., a corporation incorporated under the laws of
State of Delaware ("Maker"), in favor of David Goldner or his assigns ("Payee").

                                    RECITALS
                                    --------

         WHEREAS, this note (the "Note") is being issued pursuant to a
Convertible Note and Warrant Subscription Agreement dated as of the date hereof
(the "Purchase Agreement").

         WHEREAS, Maker requires the financing provided pursuant to the sale of
the Note for working capital and general corporate purposes.

         WHEREAS, in order to secure the payment obligation of the Maker
hereunder, the Maker and Xeni Financial Services, Corp., a Florida corporation
("Xeni"), an affiliate of Maker which will derive substantial financial benefit
from the provision of working capital financing to Maker pursuant to the sale of
this Note, simultaneously herewith, are executing and delivering a Guaranty,
dated as of the date hereof ("Guaranty") and a Security Agreement, dated as of
the date hereof (the "Security Agreement") to provide a guaranty of the
obligations under this Note and a security interest securing such guaranty in
favor of Payee in the collateral described in the Security Agreement.

         NOW, THEREFORE, for and in consideration of the mutual agreements
herein contained, and for and in consideration of other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
Maker and Payee hereby covenant and agree as set forth below. All capitalized
terms used herein and not otherwise defined shall have the meaning ascribed to
such terms in the Purchase Agreement.

         FOR VALUED RECEIVED, Maker hereby promises to pay to the order of
Payee, the principal sum of TWO HUNDRED FIFTY THOUSAND AND 00/00 ($250,000.00)
DOLLARS, or such lesser amount as may from time to time be otherwise owing from
Maker to Payee under this Note, together with interest on the principal amount
from time to time outstanding hereunder accrued from the date hereof at the rate
and in the manner set forth below. All payments of principal or interest or both
shall be paid as set forth below, and each such payment shall be made in lawful
money of the United States of America.

         This Note is subject to the following terms and conditions:

         1. PAYMENTS OF PRINCIPAL AND INTEREST.
            -----------------------------------

                  (a) Repayment. Unless otherwise repaid as provided herein, the
entire unpaid principal balance of this Note, together with all accrued but
unpaid interest thereon, shall be due and payable in full on the date that is
Three Hundred Sixty-Five (365) days following the date hereof (the "Maturity
Date"), except that if such date is not a day on which commercial banks or
governmental offices are open for business in the State of Florida (a "Business
Day") then the Maturity Date shall be the next day that is a Business Day.

                  (b) Default Rate Upon Failure To Repay. If Maker fails to
repay this Note on or prior to the Maturity Date or any applicable mandatory
prepayment date as provided for in Section 1(d) of this Note below, or such
earlier date resulting from the acceleration of the date upon which the
principal amount of this Note shall be payable in accordance with the terms of
this Note (due to an Event of Default or otherwise), the interest rate on the
outstanding principal amount, accrued and unpaid interest and all other amounts
due hereunder shall increase to a rate of twelve percent (12%) per annum, until
all amounts owing on this Note are repaid in full.

                  (c) Optional Prepayment. Maker shall be entitled, at its
option, to prepay part of or all the outstanding principal amount of this Note,
and accrued interest thereon free of any prepayment penalties or charges (the
"Outstanding Balance").

                  (d) Mandatory Prepayment.
                      ---------------------

                           (i) If the outstanding balance due under that certain
         promissory note dated September 29, 2005 in the original principal
         amount of Two Hundred Fifty Thousand ($250,000.00) Dollars issued by
         Mobile Diagnostic Imaging, Inc. and that certain promissory note dated
         June 21, 2006 in the original principal amount of One Hundred Twenty
         One Thousand Sixty-Eight and 21/100 ($121,068.21) Dollars issued by
         Mobile Diagnostic Imaging, Inc. (such promissory notes, together with
         any promissory notes issued in replacement thereof, as any such notes
         or replacement notes may be amended or modified, collectively, the "Dr.
         Note") to Xeni Financial Services, Corp. is repaid and the remaining
         balance owed under the Dr. Note is less than Two Hundred Thousand
         ($200,000.00) Dollars, then within five (5) business days after receipt
         of such repayment, Maker shall repay to Payee the difference between
         the remaining balance on the Dr. Note and Two Hundred Thousand
         ($200,000.00) Dollars on a dollar for dollar basis. Within fifteen (15)
         days of the end of each month, Maker shall deliver to Payee a
         certificate of an

                                       2

         officer of Payee stating the aggregate balance of the Dr. Note as of
         the end of such month.

                           (ii) If the Dr. Note is terminated, accelerated or
         forgiven, then within five (5) business days after any such event,
         Maker shall pay to Payee the principal balance under this Note and all
         accrued interest thereon through the date of payment in full of the
         principal balance due under this Note and accrued interest thereon.

                  (e) Manner of Payment. Maker shall make payment in accordance
with the terms of this Note no later than 5:30 p.m. (New York City time) on the
date when due, in immediately available funds. Each payment of principal and of
interest shall be paid by Maker without setoff or counterclaim to Payee at
Payee's address set forth in the Purchase Agreement, or to such other location
or accounts within the United States as Payee may specify in writing to Maker
from time to time, in immediately available funds or as otherwise explicitly
provided for herein.

                  (f) Cancellation. After all amounts owed on this Note have
been paid in full Payee shall surrender this Note to Maker for cancellation and
this Note will not be reissued.

         2. INTEREST RATE.
            --------------

                  (a) Subject to Section 1(b), the principal balance outstanding
from time to time under this Note will bear interest at the rate equal to seven
percent (7%) per annum, commencing the date hereof to and including the date of
payment in full of the Outstanding Balance of this Note. Interest on this Note
shall be calculated on the basis of actual days elapsed in a 365-day year.

                  (b) Interest on this Note shall be due and payable in arrears
on each one month anniversary date of the date of this Note and on the date that
the principal balance owing under this Note is paid in full.

         3. COVENANTS.
            ----------

                  (a) Maker shall repay the Outstanding Balance due hereunder on
the Maturity Date.

                  (b) Simultaneously with the execution hereof, Maker shall
cause Xeni to file all forms and documents (the "Security Interest Filings") in
all applicable jurisdiction(s) necessary to perfect the security interest of the
Payee in the Collateral (as defined in the Security Agreement). Maker shall
deliver copies of all such Security Filings to the Payee.

         4. EVENTS OF DEFAULT. The following are "Events of Default" hereunder:
            ------------------

                  (a) any failure by Maker to pay when due the Outstanding
Balance;

                                       3

                  (b) if either Maker or Xeni shall (i) apply for or consent to
the appointment of a receiver, trustee, custodian or liquidator or any of its
property, (ii) admit in writing its inability to pay its debts as they mature,
(iii) make a general assignment for the benefit of creditors, (iv) be
adjudicated bankrupt or insolvent or be the subject of an order for relief under
Title 11 of the United States Bankruptcy Code, (v) file a voluntary petition in
bankruptcy or a petition for bankruptcy, reorganization, insolvency,
readjustment of debt, dissolution or liquidation, or file an answer admitting
the material allegations of any petition filed against it in any such proceeding
under any such law or any such involuntary petition or proceeding under any such
law shall remain undismissed or unstayed for thirty (30) days, or (vi) take or
permit to be taken any action in furtherance of or for the purpose of effecting
any of the foregoing;

                  (c) any dissolution, liquidation or winding up of Maker or
Xeni or any substantial portion of its business;

                  (d) any cessation of operations by Maker or Maker is otherwise
generally unable to pay its debts as such debts become due; and

                  (e) either Maker shall fail to perform any of its other
obligations or covenants hereunder or Xeni shall fail to perform any of its
obligations or covenants or breach any of its representations or warranties
under the Guaranty or the Security Agreement.

         5. REMEDIES ON DEFAULT. If any Event of Default shall occur and be
continuing, then the entire Outstanding Balance and all other amounts owing
hereunder shall become immediately due and payable, without notice or demand.

         6. CERTAIN WAIVERS. Except as otherwise expressly provided in this
Note, Maker hereby waives diligence, demand, presentment for payment, protest,
dishonor, nonpayment, default and notice of any and all of the foregoing.

         7. NO IMPAIRMENT. Maker will not, by amendment of its articles of
incorporation, bylaws, or through reorganization, consolidation, merger,
dissolution, sale of assets, or another voluntary action, avoid or seek to avoid
the observance or performance of any of the terms of this Note, but will at all
times in good faith assist in the carrying out of all such terms and in the
taking of all such action as may be necessary or appropriate in order to protect
the rights of Payee against impairment.

         8. AMENDMENTS. This Note may not be changed orally, but only by an
agreement in writing and signed by the party against whom enforcement of any
waiver, change, modification or discharge is sought.

         9. GOVERNING LAW; JURISDICTION; WAIVER OF JURY TRIAL.
            --------------------------------------------------

THIS NOTE SHALL BE DEEMED TO BE A CONTRACT MADE UNDER THE LAWS OF THE STATE OF
FLORIDA AND SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF
THE STATE OF FLORIDA. MAKER HEREBY IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR
ITSELF AND ITS

                                       4

PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE SUPREME COURT OF THE STATE OF
FLORIDA SITTING IN THE COUNTY OF BROWARD AND OF THE UNITED STATES DISTRICT COURT
OF THE SOUTHERN DISTRICT OF FLORIDA, AND ANY APPELLATE COURT FROM ANY THEREOF,
IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS NOTE, OR FOR
RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO
HEREBY IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY
SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH FLORIDA OR, TO THE
EXTENT PERMITTED BY LAW, IN SUCH FEDERAL COURT. NOTHING IN THIS NOTE OR ANY
OTHER LOAN DOCUMENT WILL AFFECT THE RIGHT OF ANY PARTY TO THIS NOTE TO SERVE
PROCESS IN ANY OTHER MANNER PERMITTED BY LAW. MAKER HEREBY WAIVES THE RIGHT TO
TRIAL BY JURY IN ANY ACTION OR PROCEEDING FOR THE ENFORCEMENT OR COLLECTION OF
THIS NOTE.

         10. NOTICES. Any notice, request, demand or other communication
permitted or required to be given hereunder shall be in writing and shall be
deemed to have been given hereunder when it (a) shall have been sent by
certified or registered United States mail, postage pre-paid or via overnight
courier, or (b) shall have been delivered, in either case, if to the Maker, to
its principal executive offices, and if to the payee to 800 South Ocean
Boulevard, Suite LPH1, Boca Raton, FL 33432, or such other address as shall
hereafter be designated by notice in writing.

         11. TRANSACTION AND ENFORCEMENT COSTS. In the event that Payee shall,
after the occurrence and during the continuance of an Event of Default (and
provided that Payee shall be permitted, at such time, to enforce its rights
hereunder and retain payments received hereunder), turn this Note over to an
attorney for collection, Maker shall further be obligated to Payee for Payee's
reasonable attorneys' fees and expenses incurred in connection with such
collection as well as any other reasonable costs incurred by Payee in connection
with the collection of all amounts due hereunder. Maker shall be responsible for
and shall pay any and all stamp taxes, recording taxes or other similar taxes
payable to any governmental taxing authority in connection with the execution,
delivery and payment and performance by Maker under this Note (specifically
excluding any income taxes owing by Payee with respect to interest and other
payments under this Note).

         12. LOSS, THEFT, DESTRUCTION OR MUTILATION OF NOTE. Upon notice by
Payee to Maker of the loss, theft, destruction or mutilation of this Note, and
upon surrender and cancellation of this Note, if mutilated, Maker, as its
expense, will make and deliver a new note of like tenor, in lieu of this Note;
provided, however, prior to issuance of a new Note, Maker may require Payee to
provide Maker an affidavit and indemnity regarding any lost or mutilated Note.

         13. SUCCESSORS AND ASSIGNS. This Note and the obligations and rights of
Maker hereunder, shall be binding upon and inure to the benefit of Maker, the
Payee, and their respective successors and assigns. Maker may not assign any of
its obligations, liabilities or duties hereunder without the written consent of
Payee.

                                       5

         14. SEVERABILITY. In the event that any provision of this Note becomes
or is declared by a court of competent jurisdiction to be illegal, unenforceable
or void, this Note will continue in full force and effect without said provision
and the parties agree to replace such provision with a valid and enforceable
provision that will achieve, to the extent possible, the economic, business and
other purposes of such provisions; provided, however, that no such severability
will be effective against a party if it materially and adversely changes the
economic benefits of this Note to such party.

         15. FURTHER ASSURANCES. Maker and its agents shall each cooperate with
Payee and use (or cause its agents to use) its commercially reasonable best
efforts to promptly (i) take or cause to be taken, or to cause Xeni to take or
cause to be taken, all necessary actions, and do or cause to be done all things
necessary, proper or advisable under this Note and applicable laws to consummate
and make effective all transactions contemplated by this Note as soon as
practicable following the request of Payee, and (ii) obtain all approvals
required to be obtained from any third party necessary, proper or advisable to
the transactions contemplated by this Note.

         16. USURY. Notwithstanding any provision to the contrary contained in
this Note, or any and all other instruments or documents executed in connection
herewith, Maker and Payee intend that the obligations evidenced by this Note
conform strictly to the applicable usury laws from time to time in force. If,
under any circumstances whatsoever, fulfillment of any provisions thereof or any
other document, at the time performance of such provisions shall be due, shall
involve transcending the limit of validity prescribed by law, then, ipso facto,
the obligation to be fulfilled shall be reduced to the limit of such validity.

         IN WITNESS WHEREOF, Maker has duly caused this Note to be signed on its
behalf, in its company name and by its duly authorized officer as of the date
first set forth above.

                                         MDWERKS, INC.

                                         By:      /s/ Howard B. Katz
                                                 -------------------

                                         Name:    Howard B. Katz

                                         Title:   Chief Executive Officer

                                       6MDWERKS, INC.
Warrant No. 1C
           ----
                    CLASS C WARRANT TO PURCHASE COMMON STOCK
                    ----------------------------------------

                       VOID AFTER 5:00 P.M., EASTERN TIME,
                             ON THE EXPIRATION DATE

THIS WARRANT AND ANY SHARES ACQUIRED UPON THE EXERCISE OF THIS WARRANT HAVE NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), AND
MAY NOT BE SOLD, PLEDGED, HYPOTHECATED, DONATED OR OTHERWISE TRANSFERRED WITHOUT
COMPLIANCE WITH THE REGISTRATION OR QUALIFICATION PROVISIONS OF APPLICABLE
FEDERAL AND STATE SECURITIES LAWS OR WITHOUT DELIVERING AN OPINION OF COUNSEL
SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.

                  FOR VALUE RECEIVED, MDWERKS, INC., a Delaware corporation (the
"Company"), hereby agrees to sell upon the terms and on the conditions
hereinafter set forth, at any time commencing on the date hereof but no later
than 5:00 p.m., Eastern Time, on August 24, 2009 (the "Expiration Date") to
David Goldner, or registered assigns (the "Holder"), under the terms as
hereinafter set forth, ONE HUNDRED ELEVEN THOUSAND ONE HUNDRED ELEVEN (111,111)
fully paid and non-assessable shares of the Company's Common Stock, par value
$0.001 per share (the "Warrant Stock"), at a purchase price per share of $2.25
(the "Warrant Price"), pursuant to this warrant (this "Warrant"). The number of
shares of Warrant Stock to be so issued and the Warrant Price are subject to
adjustment in certain events as hereinafter set forth. The term "Common Stock"
shall mean, when used herein, unless the context otherwise requires, the stock
and other securities and property at the time receivable upon the exercise of
this Warrant.

                  This Warrant is being issued pursuant to that certain
Subscription Agreement, dated the date hereof, by and between the Company and
the Holder.

         1.       EXERCISE OF WARRANT.

                  (a) The Holder may exercise this Warrant according to its
terms by surrendering to the Company at the address set forth in Section 10,
this Warrant and the election to purchase form attached hereto having then been
duly executed by the Holder, accompanied by cash, certified check or bank draft
in payment of the purchase price, in lawful money of the United States of
America, for the number of shares of the Warrant Stock specified in the
subscription form, or as otherwise provided in this Warrant prior to 5:00 p.m.,
Eastern Time, on the Expiration Date.

                  (b) This Warrant may be exercised in whole or in part so long
as any exercise in part hereof would not involve the issuance of fractional
shares of Warrant Stock. If exercised in part, the Company shall deliver to the
Holder a new Warrant, identical in form, in the name of the Holder, evidencing
the right to purchase the number of shares of Warrant Stock as to which this
Warrant has not been exercised, which new Warrant shall be signed by the
Chairman, Chief Executive Officer or President of the Company. The term Warrant
as used herein shall include any subsequent Warrant issued as provided herein.

                  (c) No fractional shares or scrip representing fractional
shares shall be issued upon the exercise of this Warrant. The Company shall pay
cash in lieu of fractions with respect to the Warrants based upon the fair
market value of such fractional shares of Common Stock (which shall be the
closing price of such shares on the exchange or market on which the Common Stock
is then traded) at the time of exercise of this Warrant.

                                       1

                  (d) In the event of any exercise of the rights represented by
this Warrant, a certificate or certificates for the Warrant Stock so purchased,
registered in the name of the Holder, shall be delivered to the Holder within a
reasonable time after such rights shall have been so exercised. The person or
entity in whose name any certificate for the Warrant Stock is issued upon
exercise of the rights represented by this Warrant shall for all purposes be
deemed to have become the holder of record of such shares immediately prior to
the close of business on the date on which the Warrant was surrendered and
payment of the Warrant Price and any applicable taxes was made, irrespective of
the date of delivery of such certificate, except that, if the date of such
surrender and payment is a date when the stock transfer books of the Company are
closed, such person shall be deemed to have become the holder of such shares at
the opening of business on the next succeeding date on which the stock transfer
books are open. Except as provided in Section 4 hereof, the Company shall pay
any and all documentary stamp or similar issue or transfer taxes payable in
respect of the issue or delivery of shares of Common Stock on exercise of this
Warrant.

         2.       DISPOSITION OF WARRANT STOCK AND WARRANT.

                  (a) The Holder hereby acknowledges that this Warrant and any
Warrant Stock purchased pursuant hereto are not being registered (i) under the
Act on the ground that the issuance of this Warrant is exempt from registration
under Section 4(2) of the Act as not involving any public offering or (ii) under
any applicable state securities law because the issuance of this Warrant does
not involve any public offering; and that the Company's reliance on the Section
4(2) exemption of the Act and under applicable state securities laws is
predicated in part on the representations hereby made to the Company by the
Holder that it is acquiring this Warrant and will acquire the Warrant Stock for
investment for its own account, with no present intention of dividing its
participation with others or reselling or otherwise distributing the same,
subject, nevertheless, to any requirement of law that the disposition of its
property shall at all times be within its control.

                  The Holder hereby agrees that it will not sell or transfer all
or any part of this Warrant and/or Warrant Stock unless and until it shall first
have given notice to the Company describing such sale or transfer and furnished
to the Company either (i) an opinion, reasonably satisfactory to counsel for the
Company, of counsel (skilled in securities matters, selected by the Holder and
reasonably satisfactory to the Company) to the effect that the proposed sale or
transfer may be made without registration under the Act and without registration
or qualification under any state law, or (ii) an interpretative letter from the
Securities and Exchange Commission to the effect that no enforcement action will
be recommended if the proposed sale or transfer is made without registration
under the Act.

                  (b) If, at the time of issuance of the shares issuable upon
exercise of this Warrant, no registration statement is in effect with respect to
such shares under applicable provisions of the Act, the Company may at its
election require that the Holder provide the Company with written reconfirmation
of the Holder's investment intent and that any stock certificate delivered to
the Holder of a surrendered Warrant shall bear legends reading substantially as
follows:

                  "TRANSFER OF THE SHARES REPRESENTED BY THIS CERTIFICATE IS
                  SUBJECT TO CERTAIN RESTRICTIONS SET FORTH IN THE WARRANT
                  PURSUANT TO WHICH THESE SHARES WERE PURCHASED FROM THE
                  COMPANY. COPIES OF THOSE RESTRICTIONS ARE ON FILE AT THE
                  PRINCIPAL OFFICES OF THE COMPANY, AND NO TRANSFER OF SUCH
                  SHARES OR OF THIS CERTIFICATE, OR OF ANY SHARES OR OTHER
                  SECURITIES (OR CERTIFICATES THEREFOR) ISSUED IN EXCHANGE FOR
                  OR IN RESPECT OF SUCH SHARES, SHALL BE EFFECTIVE UNLESS AND
                  UNTIL THE TERMS AND CONDITIONS THEREIN SET FORTH SHALL HAVE
                  BEEN COMPLIED WITH."

                  "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
                  REGISTERED UNDER THE SECURITIES ACT OF 1933, AND MAY NOT BE
                  SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF IN THE
                  ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE
                  SECURITIES ACT OF

                                       2

                  1933 OR AN OPINION OF COUNSEL SATISFACTORY TO THE ISSUER OF
                  THIS CERTIFICATE THAT REGISTRATION IS NOT REQUIRED UNDER SAID
                  ACT."

In addition, so long as the foregoing legend may remain on any stock certificate
delivered to the Holder, the Company may maintain appropriate "stop transfer"
orders with respect to such certificates and the shares represented thereby on
its books and records and with those to whom it may delegate registrar and
transfer functions.

         3. RESERVATION OF SHARES. The Company hereby agrees that at all times
there shall be reserved for issuance upon the exercise of this Warrant such
number of shares of its Common Stock as shall be required for issuance upon
exercise of this Warrant. The Company further agrees that all shares which may
be issued upon the exercise of the rights represented by this Warrant will be
duly authorized and will, upon issuance and against payment of the exercise
price, be validly issued, fully paid and non-assessable, free from all taxes,
liens, charges and preemptive rights with respect to the issuance thereof, other
than taxes, if any, in respect of any transfer occurring contemporaneously with
such issuance and other than transfer restrictions imposed by federal and state
securities laws.

         4. EXCHANGE, TRANSFER OR ASSIGNMENT OF WARRANT. This Warrant is
exchangeable, without expense, at the option of the Holder, upon presentation
and surrender hereof to the Company or at the office of its stock transfer
agent, if any, for other Warrants of different denominations, entitling the
Holder or Holders thereof to purchase in the aggregate the same number of shares
of Common Stock purchasable hereunder. Upon surrender of this Warrant to the
Company or at the office of its stock transfer agent, if any, with the
Assignment Form annexed hereto duly executed and funds sufficient to pay any
transfer tax, the Company shall, without charge, execute and deliver a new
Warrant in the name of the assignee named in such instrument of assignment and
this Warrant shall promptly be canceled. This Warrant may be divided or combined
with other Warrants that carry the same rights upon presentation hereof at the
office of the Company or at the office of its stock transfer agent, if any,
together with a written notice specifying the names and denominations in which
new Warrants are to be issued and signed by the Holder hereof.

         5. CAPITAL ADJUSTMENTS. This Warrant is subject to the following
further provisions:

                  (a) Recapitalization, Reclassification and Succession. If any
recapitalization of the Company or reclassification of its Common Stock or any
merger or consolidation of the Company into or with a corporation or other
business entity, or the sale or transfer of all or substantially all of the
Company's assets or of any successor corporation's assets to any other
corporation or business entity (any such corporation or other business entity
being included within the meaning of the term "successor corporation") shall be
effected, at any time while this Warrant remains outstanding and unexpired,
then, as a condition of such recapitalization, reclassification, merger,
consolidation, sale or transfer, lawful and adequate provision shall be made
whereby the Holder of this Warrant thereafter shall have the right to receive
upon the exercise hereof as provided in Section 1 and in lieu of the shares of
Common Stock immediately theretofore issuable upon the exercise of this Warrant,
such shares of capital stock, securities or other property as may be issued or
payable with respect to or in exchange for a number of outstanding shares of
Common Stock equal to the number of shares of Common Stock immediately
theretofore issuable upon the exercise of this Warrant had such
recapitalization, reclassification, merger, consolidation, sale or transfer not
taken place, and in each such case, the terms of this Warrant shall be
applicable to the shares of stock or other securities or property receivable
upon the exercise of this Warrant after such consummation.

                  (b) Subdivision or Combination of Shares. If the Company at
any time while this Warrant remains outstanding and unexpired shall subdivide or
combine its Common Stock, the number of shares of Warrant Stock purchasable upon
exercise of this Warrant and the Warrant Price shall be proportionately
adjusted.

                                       3

                  (c) Stock Dividends and Distributions. If the Company at any
time while this Warrant is outstanding and unexpired shall issue or pay the
holders of its Common Stock, or take a record of the holders of its Common Stock
for the purpose of entitling them to receive, a dividend payable in, or other
distribution of, Common Stock, then the number of shares of Warrant Stock
purchasable upon exercise of this Warrant shall be adjusted to the number of
shares of Common Stock that Holder would have owned immediately following such
action had this Warrant been exercised immediately prior thereto.

                  (d) Stock and Rights Offering to Shareholders. If at any time
after the date of issuance of this Warrant, the Company shall issue or sell, or
fix a record date for the purposes of entitling all holders of its Common Stock
to receive, (i) Common Stock or (ii) rights, options or warrants entitling the
holders thereof to subscribe for or purchase Common Stock (or securities
convertible or exchangeable into or exercisable for Common Stock), in any such
case, at a price per share (or having a conversion, exchange or exercise price
per share) that is less than the closing price per share of the Company's Common
Stock on the principal national securities exchange on which the Common Stock is
listed or admitted to trading or, if not listed or traded on any such exchange,
on the National Market or SmallCap Market of the National Association of
Securities Dealers Automated Quotations System ("NASDAQ"), or if not listed or
traded on any such exchange or system, the average of the bid and asked price
per share on the NASDAQ Over the Counter Bulletin Board or, if such quotations
are not available, the fair market value per share of the Company's Common Stock
as reasonably determined by the Board of Directors of the Company (the "Closing
Price") on the date of such issuance or sale or on such record date then,
immediately after the date of such issuance or sale or on such record date, (x)
the Warrant Price shall be adjusted in accordance with Section 5(e), and (y) the
number of shares of Warrant Stock purchasable upon exercise of this Warrant
shall be adjusted to that number determined by multiplying the number of sales
of Warrant Stock purchasable upon exercise of this Warrant immediately before
the date of such issuance or sale or such record date by a fraction, the
denominator of which will be the number of shares of Common Stock outstanding on
such date plus the number of shares of Common Stock that the aggregate offering
price of the total number of shares so offered for subscription or purchase (or
the aggregate initial conversion price, exchange price or exercise price of the
convertible securities or exchangeable securities or rights, options or
warrants, as the case may be, so offered) would purchase at such Closing Price,
and the numerator of which will be the number of shares of Common Stock
outstanding on such date plus the number of additional shares of Common Stock
offered for subscription or purchase (or into which the convertible or
exchangeable securities or rights, options or warrants so offered are initially
convertible or exchangeable or exercisable, as the case may be).

                  If the Company shall at any time after the date of issuance of
this Warrant distribute to all holders of its Common Stock any shares of capital
stock of the Company (other than Common Stock) or evidences of its indebtedness
or assets (excluding cash dividends or distributions paid from retained earnings
or current year's or prior year's earnings of the Company) or rights or warrants
to subscribe for or purchase any of its securities (excluding those referred to
in the immediately preceding paragraph) (any of the foregoing being hereinafter
in this paragraph called the "Securities"), then in each such case, the Company
shall reserve shares or other units of such securities for distribution to the
Holder upon exercise of this Warrant so that, in addition to the shares of the
Common Stock to which such Holder is entitled, such Holder will receive upon
such exercise the amount and kind of such Securities which such Holder would
have received if the Holder had, immediately prior to the record date for the
distribution of the Securities, exercised this Warrant.

                  (e) Warrant Price Adjustment.

                           (i) Whenever the number of shares of Warrant Stock
         purchasable upon exercise of this Warrant is adjusted, as herein
         provided in Subsections 5(a), (b), (c) or (d), the Warrant Price
         payable upon the exercise of this Warrant shall be adjusted to that
         price determined by multiplying the Warrant Price immediately prior to
         such adjustment by a fraction (i) the numerator of which shall be the
         number of shares of Warrant Stock purchasable upon exercise of this
         Warrant immediately prior to such adjustment, and (ii) the denominator
         of which shall be the number of shares of Warrant Stock purchasable
         upon exercise of this Warrant immediately thereafter.

                                       4

                           (ii) If at any time, or from time to time, after the
        issuance of this Warrant and for so long as this Warrant shall remain
        outstanding, the Company sells shares of its Common Stock for a purchase
        price that is less than the Warrant Price, other than in a transaction
        as described in Section 5(a), (b), (c) or (d) above and other than
        shares issued to employees or consultants as compensation or pursuant to
        the Company's 2005 Incentive Compensation Plan, the Warrant Price shall
        be automatically reduced, as of the date of issue of the Common Stock
        issued for a purchase price less than the Warrant Price, to a price
        equal to the purchase price for such Common Stock.

                  (f) Certain Shares Excluded. The number of shares of Common
Stock outstanding at any given time for purposes of the adjustments set forth in
this Section 5 shall exclude any shares then directly or indirectly held in the
treasury of the Company.

                  (g) Deferral and Cumulation of De Minimis Adjustments. The
Company shall not be required to make any adjustment pursuant to this Section 5
if the amount of such adjustment would be less than one percent (1%) of the
Warrant Price in effect immediately before the event that would otherwise have
given rise to such adjustment. In such case, however, any adjustment that would
otherwise have been required to be made shall be made at the time of and
together with the next subsequent adjustment which, together with any adjustment
or adjustments so carried forward, shall amount to not less than one percent
(1%) of the Warrant Price in effect immediately before the event giving rise to
such next subsequent adjustment. All calculations under this Section 5 shall be
made to the nearest cent or to the nearest one-hundredth of a share, as the case
may be, but in no event shall the Company be obligated to issue fractional
shares of Common Stock or fractional portions of any securities upon the
exercise of the Warrants.

                  (h) Duration of Adjustment. Following each computation or
readjustment as provided in this Section 5, the new adjusted Warrant Price and
number of shares of Warrant Stock purchasable upon exercise of this Warrant
shall remain in effect until a further computation or readjustment thereof is
required.

         6.       NOTICE TO HOLDERS.

                  (a) Notice of Record Date. In case:

                           (i) the Company shall take a record of the holders of
         its Common Stock (or other stock or securities at the time receivable
         upon the exercise of this Warrant) for the purpose of entitling them to
         receive any dividend (other than a cash dividend payable out of earned
         surplus of the Company) or other distribution, or any right to
         subscribe for or purchase any shares of stock of any class or any other
         securities, or to receive any other right;

                           (ii) of any capital reorganization of the Company,
         any reclassification of the capital stock of the Company, any
         consolidation with or merger of the Company into another corporation,
         or any conveyance of all or substantially all of the assets of the
         Company to another corporation; or

                           (iii) of any voluntary dissolution, liquidation or
         winding-up of the Company;

then, and in each such case, the Company will mail or cause to be mailed to the
Holder hereof at the time outstanding a notice specifying, as the case may be,
(i) the date on which a record is to be taken for the purpose of such dividend,
distribution or right, and stating the amount and character of such dividend,
distribution or right, or (ii) the date on which such reorganization,
reclassification, consolidation, merger, conveyance, dissolution, liquidation or
winding-up is to take place, and the time, if any, is to be fixed, as of which
the holders of record of Common Stock (or such stock or securities at the time
receivable upon the exercise of this Warrant) shall be entitled to exchange
their shares of Common Stock (or such other stock or securities) for securities
or other property deliverable

                                       5

upon such reorganization, reclassification, consolidation, merger, conveyance,
dissolution or winding-up. Such notice shall be mailed at least twenty (20)
calendar days prior to the record date therein specified, or if no record date
shall have been specified therein, at least twenty (20) days prior to such
specified date.

                  (b) Certificate of Adjustment. Whenever any adjustment shall
be made pursuant to Section 5 hereof, the Company shall promptly make available
and have on file for inspection a certificate signed by its Chairman, Chief
Executive Officer, President or Vice President, setting forth in reasonable
detail the event requiring the adjustment, the amount of the adjustment, the
method by which such adjustment was calculated and the Warrant Price and number
of shares of Warrant Stock purchasable upon exercise of this Warrant after
giving effect to such adjustment.

         7. LOSS, THEFT, DESTRUCTION OR MUTILATION. Upon receipt by the Company
of evidence satisfactory to it, in the exercise of its reasonable discretion, of
the ownership and the loss, theft, destruction or mutilation of this Warrant
and, in the case of loss, theft or destruction, of indemnity reasonably
satisfactory to the Company and, in the case of mutilation, upon surrender and
cancellation thereof, the Company will execute and deliver in lieu thereof,
without expense to the Holder, a new Warrant of like tenor dated the date
hereof.

         8. WARRANT HOLDER NOT A STOCKHOLDER. The Holder of this Warrant, as
such, shall not be entitled by reason of this Warrant to any rights whatsoever
as a stockholder of the Company, including but not limited to voting rights.

         9. NOTICES. Any notice required or contemplated by this Warrant shall
be in writing and shall be deemed to have been duly given if delivered to the
addressee in person, deposited with a reputable overnight courier or transmitted
by registered or certified mail, return receipt requested, to the Company at
MDwerks, Inc., Windolph Center, Suite I, 1020 N.W. 6th Street, Deerfield Beach,
FL 33442, Attention: Chief Financial Officer, or to the Holder at the name and
address set forth in the Warrant Register maintained by the Company, or to such
other addresses as any of them, by notice to the others, may designate from time
to time.

         10. CHOICE OF LAW. THIS WARRANT IS ISSUED UNDER AND SHALL FOR ALL
PURPOSES BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE
OF FLORIDA, WITHOUT GIVING EFFECT TO ITS CONFLICTS OF LAW RULES.

         IN WITNESS WHEREOF, the Company has duly caused this Warrant to be
signed on its behalf, in its corporate name and by a duly authorized officer, as
of this 24th day of August, 2006.

                                        MDWERKS, INC.

                                        By:   /s/ Howard B. Katz
                                             --------------------
                                             Name:   HOWARD B. KATZ
                                             Title:  CHIEF EXECUTIVE OFFICER

                                       6

                              ELECTION TO PURCHASE

(To be executed by the registered holder if such holder desires to exercise the
within Warrants)

                                         MDWerks, Inc.
                                         Windolph Center, Suite I
                                         1020 N.W. 6th Street
                                         Deerfield Beach, FL 33442
                                         Attention: Chief Financial Officer

                  The undersigned hereby (1) irrevocably elects to exercise his
or its rights to purchase ____________ shares of Common Stock covered by the
within Warrants, (2) makes payment in full of the Purchase Price by enclosure of
cash, a certified check or bank draft, (3) requests that certificates for such
shares of Common Stock be issued in the name of:

Please print name, address and Social Security or Tax Identification Number:

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

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

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

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

and (4) if said number of shares of Common Stock shall not be all the shares
evidenced by the within Warrants, requests that a new warrant certificate for
the balance of the shares covered by the within Warrants be registered in the
name of, and delivered to:

Please print name and address:
---------------------------------------------------------------

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

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

                  In lieu of receipt of a fractional share of Common Stock, the
undersigned will receive a check representing payment therefor.

Dated:  _____________________     __________________________________________
                                  WARRANTHOLDER

                                  By:  _____________________________________
                                         Name:
                                         Title:

                                       7

                                 ASSIGNMENT FORM

FOR VALUE RECEIVED,
                    ------------------------------------------------------------
hereby sells, assigns and transfers unto

Name:
      --------------------------------------------------------------------------
         (Please typewrite or print in block letters)

Social Security or Taxpayer Identification Number :
                                                   -----------------------------

the right to purchase Common Stock of MDwerks, INC., a Delaware corporation,
represented by this Warrant to the extent of shares as to which such right is
exercisable and does hereby irrevocably constitute and appoint
____________________________, Attorney, to transfer the same on the books of the
Company with full power of substitution in the premises.

DATED: __________________

                                          --------------------------------------
                                          Signature

                                          --------------------------------------
                                          Signature, if jointly held

Witness:

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

                                       8

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