                                                                    EXHIBIT 99.5

                    CRDENTIA CORP. 2004 STOCK INCENTIVE PLAN

                           NOTICE OF STOCK BONUS AWARD
                           ---------------------------

      Grantee's Name and Address:   _______________________________________

                                    _______________________________________

                                    _______________________________________

      You (the "Grantee") have been granted shares of Common Stock of the
Company (the "Award"), subject to the terms and conditions of this Notice of
Stock Bonus Award (the "Notice"), the Crdentia Corp. 2004 Stock Incentive Plan,
as amended from time to time (the "Plan"), and the Stock Bonus Award Agreement
(the "Agreement") attached hereto, as follows. Unless otherwise defined herein,
the terms defined in the Plan shall have the same defined meanings in this
Notice.

      Award Number                  _______________________________________

      Date of Award                 (*) ___________________________________

      Total Number of Shares
      of Common Stock Awarded
      (the "Shares")                _______________________________________

      Aggregate Fair Market
      Value of the Shares           (*) $__________________________________


      (*) To be determined following receipt by the Company of the Notice singed
      by the Grantee.


Vesting:

      100% of the Shares shall be vested on the Date of Award.

      IN WITNESS WHEREOF, the Company and the Grantee have executed this Notice
and agree that the Award is to be governed by the terms and conditions of this
Notice, the Plan and the Agreement.

                                    Crdentia Corp.,
                                    a Delaware corporation

                                    By: _______________________________________

                                    Title: ____________________________________

THE GRANTEE ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS NOTICE, THE AGREEMENT
NOR IN THE PLAN, SHALL CONFER UPON THE GRANTEE ANY RIGHT WITH RESPECT TO
CONTINUATION OF THE GRANTEE'S CONTINUOUS SERIVCE, NOR SHALL IT INTERFERE IN ANY
WAY WITH THE GRANTEE'S RIGHT OR THE COMPANY'S RIGHT TO TERMINATE THE GRANTEE'S
CONTINUOUS SERIVCE AT ANY TIME, WITH OR WITHOUT CAUSE, AND WITH OR WITHOUT
NOTICE. THE GRANTEE ACKNOWLEDGES THAT UNLESS THE GRANTEE HAS A WRITTEN
EMPLOYMENT AGREEMENT WITH THE COMPANY TO THE CONTRARY, THE GRANTEE'S STATUS IS
AT WILL.


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      The Grantee acknowledges receipt of a copy of the Plan and the Agreement
and represents that he or she is familiar with the terms and provisions thereof,
and hereby accepts the Award subject to all of the terms and provisions hereof
and thereof. The Grantee has reviewed this Notice, the Agreement and the Plan in
their entirety, has had an opportunity to obtain the advice of counsel prior to
executing this Notice and fully understands all provisions of this Notice, the
Agreement and the Plan. The Grantee hereby agrees that all questions of
interpretation and administration relating to this Notice, the Plan and the
Agreement shall be resolved by the Plan Administrator in accordance with Section
6 of the Agreement. The Grantee further agrees to the venue selection and waiver
of a jury trial in accordance with Section 7 of the Agreement. The Grantee
further agrees to notify the Company upon any change in the residence address
indicated in this Notice.

      The Grantee further agrees not to sell, contract to sell, grant any option
to purchase, transfer the economic risk of ownership in, make any short sale of,
pledge or otherwise transfer or dispose of the Shares (or any interest in the
Shares) prior to the date that is nine (9) months after the Date of Award in
accordance with Section 3 of the Agreement.

Dated: ______________________       Signed: _________________________________


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                                             AWARD NUMBER:  __________________

                    CRDENTIA CORP. 2004 STOCK INCENTIVE PLAN

                           STOCK BONUS AWARD AGREEMENT
                           ---------------------------

      1. Issuance of Shares. Crdentia Corp., a Delaware corporation (the
"Company"), hereby issues to the Grantee (the "Grantee") named in the Notice of
Stock Bonus Award (the "Notice"), the Total Number of Shares of Common Stock
Awarded set forth in the Notice (the "Shares"), subject to the Notice, this
Stock Bonus Award Agreement (the "Agreement") and the terms and provisions of
the Company's 2004 Stock Incentive Plan, as amended from time to time (the
"Plan"), which are incorporated herein by reference. Unless otherwise defined
herein, the terms defined in the Plan shall have the same defined meanings in
this Agreement. All Shares issued hereunder will be deemed issued to the Grantee
as fully paid and nonassessable shares, and the Grantee will have the right to
vote the Shares at meetings of the Company's stockholders. The Company shall pay
any applicable stock transfer taxes imposed upon the issuance of the Shares to
the Grantee hereunder.

      2. Taxes.

            (a) Payment of Withholding Taxes. The Company shall pay on behalf of
the Grantee applicable income and employment tax withholding obligations,
whether United States federal, state, or local (the "Tax Withholding
Obligation"), arising out of or related to the receipt of the Shares.

            (b) Additional Taxes. The Grantee is ultimately liable and
responsible for all taxes owed by the Grantee in connection with the Award other
than the Tax Withholding Obligation. Neither the Company nor any Related Entity
makes any representation or undertaking regarding the tax treatment in
connection with the subsequent sale of Shares subject to the Award.

      3. Transfer Restrictions.

            (a) Lock-Up. The Grantee agrees not to sell, contract to sell, grant
any option to purchase, transfer the economic risk of ownership in, make any
short sale of, pledge or otherwise transfer or dispose of the Shares (or any
interest in the Shares) prior to the date that is nine (9) months after the Date
of Award (set forth in the Notice). Any attempt to transfer the Shares in
violation of this Section 3 will be null and void and will be disregarded.

            (b) RESIDENTS OF GEORGIA: THESE SHARES HAVE BEEN ISSUED IN RELIANCE
ON PARAGRAPH (13) OF SECTION 10-5-9 OF THE GEORGIA SECURITIES ACT OF 1973 AND
MAY NOT BE SOLD OR TRANSFERRED EXCEPT IN A TRANSACTION WHICH IS EXEMPT UNDER
SUCH ACT OR PURSUANT TO AN EFFECTIVE REGISTRATION UNDER SUCH ACT.


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      4. Entire Agreement: Governing Law. The Notice, the Plan and this
Agreement constitute the entire agreement of the parties with respect to the
subject matter hereof and supersede in their entirety all prior undertakings and
agreements of the Company and the Grantee with respect to the subject matter
hereof, and may not be modified adversely to the Grantee's interest except by
means of a writing signed by the Company and the Grantee. Nothing in the Notice,
the Plan and this Agreement (except as expressly provided therein) is intended
to confer any rights or remedies on any persons other than the parties. The
Notice, the Plan and this Agreement are to be construed in accordance with and
governed by the internal laws of the State of Texas without giving effect to any
choice of law rule that would cause the application of the laws of any
jurisdiction other than the internal laws of the State of Texas to the rights
and duties of the parties. Should any provision of the Notice, the Plan or this
Agreement be determined to be illegal or unenforceable, such provision shall be
enforced to the fullest extent allowed by law and the other provisions shall
nevertheless remain effective and shall remain enforceable.

      5. Construction. The captions used in the Notice and this Agreement are
inserted for convenience and shall not be deemed a part of the Award for
construction or interpretation. Except when otherwise indicated by the context,
the singular shall include the plural and the plural shall include the singular.
Use of the term "or" is not intended to be exclusive, unless the context clearly
requires otherwise.

      6. Administration and Interpretation. Any question or dispute regarding
the administration or interpretation of the Notice, the Plan or this Agreement
shall be submitted by the Grantee or by the Company to the Plan Administrator.
The resolution of such question or dispute by the Plan Administrator shall be
final and binding on all persons.

      7. Venue and Waiver of Jury Trial. The Company and the Grantee (the
"parties") agree that any suit, action, or proceeding arising out of or relating
to the Notice, the Plan or this Agreement shall be brought in the United States
District Court for the Northern District of Texas (or should such court lack
jurisdiction to hear such action, suit or proceeding, in a Texas state court in
the County of Dallas) and that the parties shall submit to the jurisdiction of
such court. The parties irrevocably waive, to the fullest extent permitted by
law, any objection the party may have to the laying of venue for any such suit,
action or proceeding brought in such court. THE PARTIES ALSO EXPRESSLY WAIVE ANY
RIGHT THEY HAVE OR MAY HAVE TO A JURY TRIAL OF ANY SUCH SUIT, ACTION OR
PROCEEDING. If any one or more provisions of this Section 7 shall for any reason
be held invalid or unenforceable, it is the specific intent of the parties that
such provisions shall be modified to the minimum extent necessary to make it or
its application valid and enforceable.

      8. Notices. Any notice required or permitted hereunder shall be given in
writing and shall be deemed effectively given upon personal delivery, upon
deposit for delivery by an internationally recognized express mail courier
service or upon deposit in the United States mail by certified mail (if the
parties are within the United States), with postage and fees prepaid, addressed
to the other party at its address as shown in these instruments, or to such
other address as such party may designate in writing from time to time to the
other party.

                                END OF AGREEMENT

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