Document:

Exhibit 4.1  

MICROVISION, INC.  

	INCORPORATED UNDER THE LAWS OF

THE STATE OF DELAWARE	 	 	 	SEE REVERSE FOR STATEMENTS RELATING

TO RIGHTS, PREFERENCES,

PRIVILEGES AND RESTRICTIONS, IF ANY

FULLY
PAID AND NON-ASSESSABLE SHARES OF COMMON STOCK, $.001 PAR VALUE PER SHARES, OF 

MICROVISION, INC.  

Transferable only on the books of the Corporation by the holder hereof in person or by duly authorized Attorney upon surrender of this certificate properly endorsed. The shares
represented by this certificate are subject to the terms and provisions of the Certificate of Incorporation and By-Laws of the Corporation as from time to time amended or restated. This certificate is
not valid until countersigned and registered by the Transfer Agent and Registrar. 

        WITNESS,
the facsimile seal and the facsimile signatures of the duly authorized officers of the Corporation. 

	/s/  WALTER J. LACK    

CHAIRMAN	 	[SEAL]	 	/s/  THOMAS M. WALKER    

SECRETARY

        The
Corporation will furnish without charge to each stockholder who so requests the powers, designations, preferences and relative, participating, optional, or other special rights of
each class of stock or series thereof of the Corporation and the qualifications, limitations or restrictions of such preferences and/or rights. 

        The
follow abbreviations, when used in the inscription on the face of this Certificate, shall be construed as though they were written out in full according to applicable laws or
regulations. 

TEN
COM—as tenants in common

TEN ENT—as tenants by the entireties

JT TEN—as joint tenants with rights of survivorship and not as tenants in common. 

	UNIF GIFT MIN ACT—	 	 	 	Custodian	 	 
	 	 	
(Cust)	 	 	 	
 (Minor)
	 	 	under the Uniform Gifts to Minors Act
	

 	
 	

    
(State)
	

UNIF TRF MIN ACT—	
 	

 	
 	

Custodian until age	
 	

 
	 	 	
 (Cust)	 	 	 	

	 	 	 	 	under Uniform Transfers to Minors Act
	 	 	
(Minor)	 	 	 	 
	

 	
 	

    
 (State)

Additional abbreviations may also be used though not in the above list. 

        FOR
VALUE RECEIVED,                        hereby sell, assign and transfer 

	PLEASE INSERT SOCIAL SECURITY OR OTHER

IDENTIFYING NUMBER OF ASSIGNEE	 	 
	
	 	 
	

  

    	
 	

 
	
	 	 

	    
 (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS INCLUDING ZIP CODE OF ASSIGNEE)
	

    
    
	

    
    
	

    
Shares of the common stock represented by the within Certificate, and do hereby irrevocably constitute and appoint
	

    
 Attorney to transfer the said stock on the books of the within named Corporation with full power of substitution in the premises.

	Dated	 	 	 	 
	 	 	
	 	 
	

  

    	
 	

 	
 	

 
	

 	
 	
NOTICE	
 	

    
 THE SIGNATURE TO THE ASSIGNMENT MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE CERTIFICATE IN EVERY PARTICULAR, WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE
WHATEVER.
	Signature(s) Guaranteed	 	 

	

 	
 	

 	
 	

 
	By	 	 	 	 
	 	 	
	 	 
	THE SIGNATURES SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED MEDALLION SIGNATURE GUARANTEE
PROGRAM) PURSUANT TO S.E.C. RULE 17Ad-15.promissorynote

                           American Radio Empire, Inc.
  13210 Kerrville Folkway, Building G, Austin, Texas 78729-7522 (512) 249-9600

                         12% CONVERTIBLE PROMISSORY NOTE

Principal amount:  $________                        Date: _______________, 2003

        FOR VALUE RECEIVED, the undersigned hereby promise to pay to the order of
__________, the sum of _________ Thousand and no/100 Dollars ($__________),
together with interest thereon at the rate of twelve percent (12%) per annum on
the unpaid balance. Said sum shall be paid in the manner following:

        This is one of a series of 12% Convertible Promissory Notes ("Notes"),
which will be due ______________, 2004, with mandatory conversion to registered
shares of the Company's common stock (the "Common Stock").

        Interest is to be paid in cash at maturity or upon earlier conversion of
the Notes, unless the holder of the Notes elects to convert accrued interest to
shares of Common Stock on the same basis as the conversion of principal.

        The Notes shall be mandatorily convertible into registered shares of Common
Stock forty-five (45) days after the effectiveness of the Company's registration
statement under the Securities Act of 1933 filed with the Securities and
Exchange Commission. The conversion rate shall be at the lesser of (i) $0.80 per
share, or (ii) 80% of the average closing price of the Common Stock during its
first 30 trading days. Notwithstanding the foregoing, if, at any time after the
issuance of this Note, the Company shall issue any Common Stock, or other equity
that, as part of a unit or otherwise, includes Common Stock, the conversion
privileges of this Note shall be equitably adjusted such that, upon conversion,
the holder of $100,000 in principal amount of Notes shall receive Common Stock
representing ___% of the then-outstanding Common Stock. Upon conversion, the
holder agrees to enter into a "lockup" agreement (upon customary terms and
conditions) covering the shares of Common Stock for 9 months after the
effectiveness of the Company's registration statement.

        In the event that the effectiveness of the Company's registration statement
under the Securities Act of 1933 filed with the Securities and Exchange
Commission shall not have occurred on or before November 6, 2004, this not and
accrued but unpaid interest thereon shall be due and payable in full. In the
event this note shall be in default and placed for collection, then the
undersigned agrees to pay all reasonable attorneys' fees and costs of
collection. All payments hereunder shall be made to such address as may from
time to time be designated by any holder.

        No modification or indulgence by any holder hereof shall be binding unless
in writing; and any indulgence on any one occasion shall not be an indulgence
for any other or future occasion. The rights of any holder hereof shall be
cumulative and not necessarily successive. This note shall take effect as a
sealed instrument and shall be construed, governed and enforced in accordance
with the laws of the State of Nevada.

                                                American Radio Empire, Inc.

                                                By :

                                                Dain Schult, Presidentsubscriptionagmt

                             SUBSCRIPTION AGREEMENT

American Radio Empire, Inc.

Gentlemen:

        The undersigned, ___________, (the "Subscriber"), hereby tenders this
Subscription Agreement and applies for the purchase of a 12% convertible note in
principal amount of $______ (the "Note"), from American Radio Empire, Inc.,
Inc., a Nevada corporation (the "Corporation").

        The Corporation is offering Notes in the principal amount of $_____ in the
offering to which this subscription relates. Such Notes will be convertible into
__________ percent (___%) of the Corporation's equity. Payment for the Note must
be made entirely in cash. This Subscription Agreement must be accompanied by a
check in the full amount of the purchase price for the Note.

        The Subscriber understands that the Corporation has the right to reject the
Subscriber's subscription in whole or in part. If for any reason the Corporation
rejects in whole or in part this Subscription Agreement and the purchase price
for the Note tendered herewith, or if this offering is withdrawn, the funds
tendered with this Subscription Agreement will be returned to the Subscriber,
without interest or deduction, together with all of the executed documents
presented with the subscription.

        1. The Subscriber acknowledges receipt of a copy of the Business Plan dated
April 2003, with respect to the Corporation (the "Business Plan").

        2. In order to induce the Corporation to accept this Subscription
Agreement, the Subscriber hereby represents and warrants to you and to the
Corporation as follows:

                (a) The Subscriber, if a natural person, is at least 21 years of age.
        The residence of the Subscriber set forth below is the true and correct
        residence of the Subscriber, and the Subscriber has no present intention of
        becoming a resident or domiciliary of any other state or jurisdiction.

                (b) If the Subscriber is not a natural person, the Subscriber was not
        formed for the purpose of acquiring the Note. The Subscriber understands
        that additional information may be required to be provided in support of
        the representation set forth in the preceding sentence. The principal place
        of business of the Subscriber is as set forth below.

                (c) The item(s) checked below accurately reflect(s) the Subscriber's
        financial situation (check as many as are applicable):

__      The Subscriber is a natural person who has a net worth in excess of
        $1,000,000 (including the net value of property held jointly with

                                       1

        right of survivorship with the Subscriber's spouse and including the
        net value of home, furnishings and personal automobiles)

__      The Subscriber is a natural person whose income for each of 2001 and
        2002 has exceeded $200,000, and there is a reasonable expectation that
        the Subscriber's income for 2003 will also be in excess of $200,000.
        Such income is solely that of the Subscriber and excludes the income
        of the Subscriber's spouse.

__      The Subscriber is a natural person whose income, together with that of
        his spouse, for each of 2001 and 2002 has exceeded $300,000, and there
        is a reasonable expectation that the Subscriber's income for 2003 will
        also be in excess of $300,000.

__      The Subscriber is an executive officer or director of the Corporation
        or at the time the Note is purchased will be an executive officer or
        director of the Corporation.

__      The Subscriber is a bank as defined in Section 3(a)(2) of the
        Securities Act of 1933 (the "Securities Act"), or a savings and loan
        association or other institution as defined in Section 3(a)(5)(A) of
        the Securities Act, whether acting in its individual or fiduciary
        capacity.

__      The Subscriber is a broker or dealer registered pursuant to Section 15
        of the Securities Exchange Act of 1934.

__      The Subscriber is an insurance company as defined in Section 2(13) of
        the Securities Act; an investment company registered under the
        Investment Company Act of 1940 or a business development company as
        defined in Section 2(a)(48) of that Act.

__      The Subscriber is a Small Business Investment Company licensed by the
        U.S. Small Business Administration under Section 301(c) or (d) of the
        Small Business Investment Act of 1958.

__      The Subscriber is a plan established and maintained by a state, its
        political subdivisions, or any agency or instrumentality of a state or
        its political subdivisions, for the benefit of its employees, which
        plan has total assets in excess of $5,000,000.

__      The decision to invest in the Note is being made by a plan fiduciary,
        as defined in Section 3(21) of such Act, which is either a bank,
        savings and loan association, insurance company, or registered
        investment adviser, (ii) the plan has total assets in excess of
        $5,000,000, or (iii) the plan is a self-directed plan, with investment
        decisions made solely by persons described elsewhere in this paragraph
        2(c).

__      The Subscriber is a private business development company as defined in
        Section 202(a)(22) of the Investment Advisers Act of 1940.

                                       2

__      The Subscriber is an organization described in Section 501(c)(3) of
        the Internal Revenue Code, a corporation, a Massachusetts or similar
        business trust, or a partnership, not formed for the specific purpose
        of acquiring the Note, with total assets in excess of $5,000,000.

__      The Subscriber is an entity in which all of the equity owners are
        described elsewhere in this paragraph 2(c).

                (d) The Subscriber has read and is familiar with the contents of the
        Business Plan, including the risk factors described therein.

                (e) The Note is being acquired solely for the account of the
        Subscriber, for investment, and not with a view to, or in connection with,
        any resale or distribution of the Note in violation of the registration
        requirements of applicable federal or state securities laws. The Subscriber
        has no contract, understanding or arrangement with any person to sell,
        transfer or pledge to such person, or anyone else, any of the Note, and the
        Subscriber has no present plans or intentions to enter into any such
        contract, understanding or arrangement.

                (f) Either the Subscriber acting alone, or the Subscriber with the
        assistance of the investment advisor described below, has the requisite
        knowledge and experience in financial and business matters to have enabled
        the Subscriber and his advisor, if any, to evaluate the merits and risks of
        investing in the Corporation.

                (g) The Subscriber and his investment advisor, if any, have had an
        opportunity to meet with representatives of the Corporation and to ask
        questions and receive answers regarding the proposed business of the
        Corporation and its financial condition in order to assist them in
        evaluating the merits and risks of purchasing the Note. All material
        documents and information pertaining to the Corporation and the investment
        therein as may have been requested have been made available to such
        persons.

                (h) The Subscriber has relied upon the consultation and advice of the
        individual named below in assessing the merits and risks of making an
        investment in the Corporation. Such individual has agreed to act as such
        investment advisor and such individual has represented to the Subscriber
        that he has no material relationship, with the Corporation or any of its
        affiliates. [If no person was consulted, please insert the word "None." If
        no person is named, "None" will be assumed.]

                          Advisor's Name                   Position

                                       3

                (i) The Subscriber can bear the economic risks of his proposed
        investment in the Note (including loss of his entire investment) without
        impairing his ability to provide for himself and his family in the same
        manner as he is able to do at the present time without regard to the funds
        proposed to be invested in the Note.

        3. In addition, the Subscriber represents and warrants to you and to the
Corporation that the Subscriber is aware of the following:

                (a) The Note is speculative, and investing in Note involves a high
        degree of risk. In particular, the Subscriber has reviewed the Business
        Plan and the Risk Factors described therein.

                (b) No federal or state agency has made any finding or determination
        as to the fairness of the investment for which the Subscriber is
        subscribing, nor has any such agency made any recommendation or endorsement
        with respect to the Note.

                (c) There exist substantial restrictions on the transferability of the
        Note, and there will be no public market for the Note, and it probably will
        not be possible for the Subscriber readily to liquidate his investment in
        the Corporation in case of an emergency. The Subscriber is prepared to
        maintain his investment in the Corporation indefinitely.

                (d) The Note has not been registered under the Securities Act, Chapter
        517, Florida Statutes (the "Florida Act"), or any other state securities
        laws, and must be held indefinitely by the Subscriber unless the Note is
        subsequently registered under the Securities Act and applicable state
        securities laws or an exemption from the registration requirements
        thereunder is available. The Corporation is under no obligation to register
        the Note under the Securities Act or under any state securities law, and
        the Subscriber has no right to require such registration. No officer,
        director or agent of the Corporation has the authority or power to make any
        representation to the contrary.

                (e) The Note will be issued pursuant to applicable exemptions from the
        registration requirements of the Securities Act, including those provided
        by Section 4(2) of the Securities Act and/or rules promulgated thereunder,
        and applicable state securities laws, including the Florida Act.

                (f) [APPLICABLE TO FLORIDA RESIDENTS ONLY]. PURSUANT TO THE FLORIDA
        ACT, THE SUBSCRIPTION MADE HEREBY AND THE SALE OF THE EQUITY ARE VOIDABLE
        BY THE SUBSCRIBER WITHIN THREE (3) DAYS AFTER THIS SUBSCRIPTION AGREEMENT
        IS EXECUTED AND DELIVERED. The Subscriber acknowledges this right granted
        by the Florida Act and further acknowledges that if the Subscriber is to
        exercise this right, the Subscriber must do so in writing within the
        applicable time period and that such writing must be received by the
        Corporation within such time period.

                                       4

        4. In order to induce the Corporation to accept this subscription, the
Subscriber hereby covenants and agrees as follows:

                (a) The Subscriber agrees not to dispose, or attempt to dispose, of
        any of the Note except in compliance with the requirements of this
        Subscription Agreement, the Securities Act, the Florida Act, and any other
        applicable state securities laws, and the applicable rules and regulations
        promulgated thereunder, and unless and until the Corporation shall have
        received an opinion of counsel satisfactory to it that any proposed
        disposition of any of the Note may be effected without violation of this
        Subscription Agreement, the Securities Act, the Florida Act, and other
        similar applicable laws and such rules and regulations.

                (b) The Subscriber agrees promptly to furnish to the Corporation and
        its counsel such information and material with respect to the manner and
        circumstances of any proposed disposition of any of the Note as the
        Corporation or its counsel may reasonably request. The Corporation is not
        required to provide any information or assistance to any person desiring to
        effect the sale or other disposition of any of the Note acquired hereunder.

                (c) The Subscriber understands that the Corporation is relying upon
        the representations and warranties of the Subscriber in claiming the
        exemptions described above. Accordingly, the Subscriber agrees to indemnify
        the Corporation and to hold the Corporation harmless, in respect of any and
        all claims, losses and expenses (including costs and reasonable attorneys'
        fees) that it may incur in connection with or arising out of any breach of
        any of the representations, warranties, covenants or agreements of the
        Subscriber set forth in this Subscription Agreement.

                (d) The Subscriber agrees that, except for the three day right of
        rescission referred to in this Subscription Agreement, the Subscriber is
        not entitled to cancel, terminate or revoke this Subscription Agreement or
        any agreements of the Subscriber hereunder and that this Subscription
        Agreement and the agreements of the Subscriber shall survive (i) changes in
        the transactions, forms of documents and instruments described in or
        accompanying the Business Plan which are not materially adverse and (ii)
        the death or disability of the Subscriber.

                                       5

        IN WITNESS WHEREOF, the undersigned has executed this Subscription
Agreement this ___ day of __________, 2003.

                                                           ____________________
                                                                    (Signature)

                                                           ____________________
                                                                    (Signature)

                                                           ____________________
                                                                  Print Name(s)
                                                           ____________________

                                       6

                              INVESTOR INFORMATION

Taxpayer Identification or                 Residence Address (street address):
Social Security  Number:

Driver's License:                          Business Address:

________________________
Number  State

State
                                           Telephone Numbers:

                                           Residence:

Voting Precinct:

__________________________                 Business:
County        Precinct No.

Voting Registration No.

____________________                       Send mail to:   ______________
                                                           Residence

If Investor is a Corporation               Address of Principal Place
or Other Artificial Entity:                of Business:

__________________________                 ______________________________
State of Organization
                                           ______________________________

Subscription Agreement accepted as of ___________, 2003

American Radio Empire, Inc.    By:

                                  Dain Schult, President

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