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<P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549 </B></P>
<P style="margin-top:5.85pt; margin-bottom:5.85pt; line-height:16pt; font-family:Times New Roman; font-size:14pt" align=center><B>Form S-8</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>REGISTRATION STATEMENT<BR>
UNDER THE SECURITIES ACT OF 1933</B></P>
<P style="margin-top:4.15pt; margin-bottom:4.15pt; font-family:Courier New" align=center><BR></P>
<P style="margin-top:5.85pt; margin-bottom:0pt; line-height:16pt; font-family:Times New Roman; font-size:14pt" align=center><B>SFBC International, Inc.</B></P>
<P style="margin-top:0pt; margin-bottom:4.15pt; padding-left:9pt; font-family:Times New Roman" align=center>(Exact name of registrant as specified in its charter)</P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt" align=center><BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR><TD valign=top width=240.533><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Delaware</B></P>
</TD><TD valign=top width=144>&nbsp;</TD><TD valign=top width=240.533><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>59-2407464</B></P>
</TD></TR>
<TR><TD valign=top width=240.533><P style="margin:0pt; font-family:Times New Roman" align=center>(State or other jurisdiction <BR>
of incorporation or organization)</P>
</TD><TD valign=top width=144>&nbsp;</TD><TD valign=top width=240.533><P style="margin:0pt; font-family:Times New Roman" align=center>(I.R.S. Employer<BR>
Identification No.)</P>
</TD></TR>
</TABLE>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt" align=center><BR></P>
<P style="margin-top:5pt; margin-bottom:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>11190 Biscayne Boulevard, Miami, FL 33181</B></P>
<P style="margin-top:0pt; margin-bottom:4.15pt; font-family:Times New Roman" align=center>(Address of Principal Executive Offices) (Zip Code)</P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt" align=center><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>2004 Acquisition Stock Option Plan</B></P>
<P style="margin-top:0pt; margin-bottom:4.15pt; font-family:Times New Roman" align=center>&nbsp;(Full title of the plan)</P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt" align=center><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Mr. Arnold Hantman</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>SFBC International, Inc.</B></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>11190 Biscayne Boulevard, Miami, FL &nbsp;33181</B></P>
<P style="margin-top:0pt; margin-bottom:4.15pt; font-family:Times New Roman" align=center>(Name and address of agent for service)</P>
<P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>(305) 895-0304</B></P>
<P style="margin-top:0pt; margin-bottom:4.15pt; font-family:Times New Roman" align=center>(Telephone number, including area code, of agent for service)</P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<BR>
<BR>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt" align=center><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
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<BR>
<P style="page-break-before:always; margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>CALCULATION OF REGISTRATION FEE</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt" align=center><BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR><TD style="border-left:3pt double #000000; border-top:3pt double #000000; border-right:0.5pt solid #000000; border-bottom:0.5pt solid #000000" valign=bottom width=122.8><P style="margin-top:3.35pt; margin-bottom:3.35pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>Title of each<BR>
class of securities<BR>
to be registered</B></P>
</TD><TD style="border-top:3pt double #000000; border-right:0.5pt solid #000000; border-bottom:0.5pt solid #000000" valign=bottom width=97.2><P style="margin-top:3.35pt; margin-bottom:3.35pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>Amount to be<BR>
registered (1)</B></P>
</TD><TD style="border-top:3pt double #000000; border-right:0.5pt solid #000000; border-bottom:0.5pt solid #000000" valign=bottom width=136.6><P style="margin-top:3.35pt; margin-bottom:3.35pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>Proposed maximum<BR>
offering price <BR>
per share (2)</B></P>
</TD><TD style="border-top:3pt double #000000; border-right:0.5pt solid #000000; border-bottom:0.5pt solid #000000" valign=bottom width=136.6><P style="margin-top:3.35pt; margin-bottom:3.35pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>Proposed maximum<BR>
aggregate offering<BR>
price</B></P>
</TD><TD style="border-top:3pt double #000000; border-right:3pt double #000000; border-bottom:0.5pt solid #000000" valign=bottom width=106.8><P style="margin-top:3.35pt; margin-bottom:3.35pt; line-height:10pt; font-family:Times New Roman; font-size:8pt" align=center><B>Amount of <BR>
registration fee</B></P>
</TD></TR>
<TR><TD style="border-left:3pt double #000000; border-right:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=122.8><P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Common Stock</P>
</TD><TD style="border-right:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=97.2><P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>1,062,447</P>
</TD><TD style="border-right:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=136.6><P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>$35.20</P>
</TD><TD style="border-right:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=136.6><P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>$37,398,134.40</P>
</TD><TD style="border-right:3pt double #000000; border-bottom:3pt double #000000" valign=bottom width=106.8><P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>$4,401.77</P>
</TD></TR>
</TABLE>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(1)</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">In addition, pursuant to Rule 416(c) under the Securities Act of 1933, this registration statement also covers an indeterminate amount of interests to be offered or sold pursuant to the employee benefit plan(s) described herein.</P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(2)</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Estimated solely for the purpose of computing the registration fee pursuant to Rule 457(c) based on the average of the high and low price of the registrant&#146;s common stock as quoted on the Nasdaq National Market System on March 21, 2005.</P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<BR>
<BR>
<BR>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>ii</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
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<P style="page-break-before:always; margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
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<P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>PART I - INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Item 1.</B></P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:45pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Plan Information</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">We will send or give the documents containing the information specified in Part I of Form S-8 to employees as specified by the Securities and Exchange Commission Rule 428(b)(1) under the Securities Act of 1933. &nbsp;We do not need to file these documents with the Securities and Exchange Commission either as part of this registration statement or as prospectuses or prospectus supplements under Rule 424 of the Securities Act.</P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Item 2.</B></P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:45pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Registrant Information and Employee Plan Annual Information</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">We will furnish without charge to each person to whom the prospectus is delivered, &nbsp;upon the oral or written &nbsp;request &nbsp;of &nbsp;such &nbsp;person, &nbsp;a copy &nbsp;of &nbsp;any &nbsp;and &nbsp;all of the &nbsp;documents incorporated &nbsp;by reference (other than &nbsp;exhibits to such &nbsp;documents). &nbsp;Requests should be directed to the attention of Mr. David Natan, SFBC International, Inc., 11190 Biscayne Boulevard, Miami, Florida 33181.</P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Part II - Information Required in the Registration Statement</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Item 3.</B></P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:45pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Incorporation of Documents by Reference.</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">The documents listed below are incorporated by reference in the registration statement: &nbsp;</P>
<P style="margin-top:5pt; margin-bottom:-14pt; padding-left:36pt; text-indent:-14.4pt; line-height:14pt; font-family:Symbol; font-size:12pt">&#183;</P>
<P style="margin-top:0pt; margin-bottom:5pt; padding-left:36pt; line-height:14pt; font-family:Symbol; font-size:12pt"><FONT FACE="Times New Roman">Our Annual Report on Form 10-K for the year ended December 31, 2004, filed on March 8, 2005 (Commission File Number: &nbsp;001-16119);</FONT></P>
<P style="margin-top:5pt; margin-bottom:-14pt; padding-left:36pt; text-indent:-14.4pt; line-height:14pt; font-family:Symbol; font-size:12pt">&#183;</P>
<P style="margin-top:0pt; margin-bottom:5pt; padding-left:36pt; line-height:14pt; font-family:Symbol; font-size:12pt"><FONT FACE="Times New Roman">Our Current Reports on Form 8-K filed on the following dates: February 8, 2005, February 24, 2005, March 1, 2005 and March 8, 2005 (Commission File Number: &nbsp;001-16119);</FONT></P>
<P style="margin-top:5pt; margin-bottom:-14pt; padding-left:36pt; text-indent:-14.4pt; line-height:14pt; font-family:Symbol; font-size:12pt">&#183;</P>
<P style="margin-top:0pt; margin-bottom:5pt; padding-left:36pt; line-height:14pt; font-family:Symbol; font-size:12pt"><FONT FACE="Times New Roman">All other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange Act since the end of the fiscal year covered by the annual report referred to above; </FONT></P>
<P style="margin-top:5pt; margin-bottom:-14pt; padding-left:36pt; text-indent:-14.4pt; line-height:14pt; font-family:Symbol; font-size:12pt">&#183;</P>
<P style="margin-top:0pt; margin-bottom:5pt; padding-left:36pt; line-height:14pt; font-family:Symbol; font-size:12pt"><FONT FACE="Times New Roman">The description of our common stock contained in the Registration Statement on Form SB-2 filed on September 7, 2001, File No. 333-69112, including any amendments or reports filed for the purpose of updating such description; and</FONT></P>
<P style="margin-top:5pt; margin-bottom:-14pt; padding-left:36pt; text-indent:-14.4pt; line-height:14pt; font-family:Symbol; font-size:12pt">&#183;</P>
<P style="margin-top:0pt; margin-bottom:5pt; padding-left:36pt; line-height:14pt; font-family:Symbol; font-size:12pt"><FONT FACE="Times New Roman">All documents subsequently filed pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, from the date of filing of such documents.</FONT></P>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>1</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
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<P style="page-break-before:always; margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
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<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Item 4.</B></P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:45pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Description of Securities.</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Not Applicable.</P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Item 5.</B></P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:45pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Interests of Named Experts and Counsel.</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Harris Cramer LLP, in West Palm Beach, Florida, will pass upon the validity of the common stock offered by the selling stockholders in this offering. &nbsp;Attorneys employed by this law firm own approximately 13,252 shares of our common stock.</P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Item 6.</B></P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:45pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Indemnification of Directors and Officers.</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Our certificate of incorporation, as amended, provides that we shall indemnify our officers and directors, employees and agents and former officers, directors, employees and agents against expenses (including attorney&#146;s fees), judgments, fines and amounts paid in settlement arising out of his or her services on behalf of us subject to the qualifications contained in Delaware law as it now exists. We also cannot indemnify our officers and directors when we assert a direct claim against them. We have entered into indemnification agreements with our officers and directors providing for indemnification and containing an advancement of expenses provision. Delaware law generally provides that a corporation shall have such power to indemnify such persons to the extent they acted in good faith in a manner they reasonably believed to be in, or not opposed to, the best interests of the corporation and, with respect to any criminal action or proceeding, had no reasonable cause to believe the conduct was unlawful. In the event any such person shall be judged liable such indemnification shall apply only if approved by the court in which the action was brought. Any other indemnification shall be made by a majority vote of the board of directors (excluding any directors who were party to such action), or by a committee of directors designated by majority vote of the board of directors or by independent legal counsel in a written opinion, or by a majority vote of stockholders (excluding any stockholders who were parties to such action).</P>
<P style="margin-top:5pt; margin-bottom:5pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers or persons controlling SFBC International, Inc. pursuant to the foregoing provisions, we have been informed that in the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the Act and is therefore unenforceable.</P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Item 7.</B></P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:45pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Exemption from Registration Claimed.</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Not Applicable.</P>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>2</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
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<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Item 8.</B></P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:45pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Exhibits.</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>EXHIBIT NUMBER</B></P>
<B><P style="margin-top:0pt; margin-bottom:5pt; text-indent:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">ITEM</B></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Exhibit 4.1</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">2004 Acquisition Stock Option Plan<SUP>1</SUP></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Exhibit 5</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Legal Opinion</P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Exhibit 23.1</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Consent of Grant Thornton LLP</P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Exhibit 23.2</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Consent of Harris Cramer LLP<SUP>2</SUP> </P>
<P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><SUP>1</SUP> Contained in Form 8-K filed on December 27, 2004.</P>
<P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><SUP>2</SUP> Contained in legal opinion.</P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Item 9.</B></P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:45pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>Undertakings.</B></P>
<P style="margin-top:5pt; margin-bottom:-14pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(a)</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">The undersigned registrant hereby undertakes: </P>
<P style="margin-top:0pt; margin-bottom:-14pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(1)</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:108pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">To file, during any period in which offers or sales are being made a post-effective amendment to this registration statement: </P>
<P style="margin-top:0pt; margin-bottom:-14pt; text-indent:108pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(i)</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933; </P>
<P style="margin-top:0pt; margin-bottom:-14pt; text-indent:108pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(ii)</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information in the registration statement. To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. </P>
<P style="margin-top:0pt; margin-bottom:-14pt; text-indent:108pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(iii) </P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;<B> </B></P>
<P style="margin-top:0pt; margin-bottom:-14pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(2)</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:108pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. </P>
<P style="margin-top:0pt; margin-bottom:-14pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(3) </P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:108pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering. </P>
<BR>
<BR>
<BR>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>3</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<P style="page-break-before:always; margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<BR>
<BR>
<P style="margin-top:5pt; margin-bottom:-14pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(b)</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the registrant&#146;s annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan&#146;s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. </P>
<P style="margin-top:5pt; margin-bottom:-14pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(c)</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue. </P>
<BR>
<BR>
<BR>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>4</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<P style="page-break-before:always; margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<BR>
<BR>
<P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>SIGNATURES</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; text-indent:36pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Miami, State of Florida, on March 23, 2005.</P>
<P style="margin-top:5pt; margin-bottom:5pt; text-indent:36pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR><TD valign=top width=408.533>&nbsp;</TD><TD valign=top width=216.533 colspan=2><P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>SFBC International, Inc.</B></P>
</TD></TR>
<TR><TD valign=top width=408.533>&nbsp;</TD><TD valign=top width=24>&nbsp;</TD><TD valign=top width=192.533>&nbsp;</TD></TR>
<TR><TD valign=top width=408.533>&nbsp;</TD><TD valign=top width=24><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">By</P>
</TD><TD valign=top width=192.533><P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><U>/s/ <SMALL>ARNOLD HANTMAN</SMALL></U></P>
</TD></TR>
<TR><TD valign=top width=408.533>&nbsp;</TD><TD valign=top width=24>&nbsp;</TD><TD valign=top width=192.533><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Arnold Hantman</P>
</TD></TR>
<TR><TD valign=top width=408.533>&nbsp;</TD><TD valign=top width=24>&nbsp;</TD><TD valign=top width=192.533><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Chief Executive Officer</P>
</TD></TR>
<TR><TD valign=top width=408.533>&nbsp;</TD><TD valign=top width=24>&nbsp;</TD><TD valign=top width=192.533>&nbsp;</TD></TR>
</TABLE>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, this registration statement has been signed by the following persons in the capacities and on the date indicated.</P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR><TD valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Signatures</B></P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Title</B></P>
</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>Date</B></P>
</TD></TR>
<TR><TD valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">&nbsp;</P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667>&nbsp;</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">/s/ Lisa Krinsky, M.D.</P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Chairman of the Board of Directors</P>
</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">March 23, 2005</P>
</TD></TR>
<TR><TD valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Lisa Krinsky, M.D.</P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667>&nbsp;</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
<TR><TD valign=top width=193.067>&nbsp;</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667>&nbsp;</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">/s/ Arnold Hantman</P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Director</P>
</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">March 23, 2005</P>
</TD></TR>
<TR><TD valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Arnold Hantman</P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667>&nbsp;</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
<TR><TD valign=top width=193.067>&nbsp;</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667>&nbsp;</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">/s/ David Natan</P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Vice President of Finance</P>
</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">March 23, 2005</P>
</TD></TR>
<TR><TD valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">David Natan</P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">(Principal Financial Officer)</P>
</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
<TR><TD valign=top width=193.067>&nbsp;</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">and Chief Accounting Officer</P>
</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
<TR><TD valign=top width=193.067>&nbsp;</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667>&nbsp;</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
<TR><TD valign=top width=193.067>&nbsp;</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667>&nbsp;</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">/s/ Jack Levine</P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Director</P>
</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">March 23, 2005</P>
</TD></TR>
<TR><TD valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Jack Levine</P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667>&nbsp;</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
<TR><TD valign=top width=193.067>&nbsp;</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667>&nbsp;</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">/s/ Dr. Leonard Weinstein</P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Director</P>
</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">March 23, 2005</P>
</TD></TR>
<TR><TD valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Dr. Leonard Weinstein</P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667>&nbsp;</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
<TR><TD valign=top width=193.067>&nbsp;</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667>&nbsp;</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">/s/ David Lucking</P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Director</P>
</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">March 23, 2005</P>
</TD></TR>
<TR><TD valign=top width=193.067><P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">David Lucking</P>
</TD><TD valign=top width=18.867>&nbsp;</TD><TD valign=top width=257.667>&nbsp;</TD><TD valign=top width=28.733>&nbsp;</TD><TD valign=top width=140.067>&nbsp;</TD></TR>
</TABLE>
<BR>
<BR>
<BR>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center>5</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<HR style="padding-top:7.2pt; padding-bottom:7.2pt" noshade size=1.333>
<P style="page-break-before:always; margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
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<P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt" align=center><B>EXHIBIT INDEX</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:5pt; margin-bottom:5pt; font-family:Times New Roman; font-size:12pt"><BR></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><B>EXHIBIT NUMBER</B></P>
<B><P style="margin-top:0pt; margin-bottom:5pt; text-indent:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">ITEM</B></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Exhibit 4.1</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">2004 Acquisition Stock Option Plan<SUP>1</SUP></P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Exhibit 5</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Legal Opinion</P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Exhibit 23.1</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Consent of Grant Thornton LLP</P>
<P style="margin-top:5pt; margin-bottom:-14pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Exhibit 23.2</P>
<P style="margin-top:0pt; margin-bottom:5pt; text-indent:144pt; line-height:14pt; font-family:Times New Roman; font-size:12pt">Consent of Harris Cramer LLP<SUP>2</SUP> </P>
<P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><SUP>1</SUP> Contained in Form 8-K filed on December 27, 2004.</P>
<P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-family:Times New Roman; font-size:12pt"><SUP>2</SUP> Contained in legal opinion.</P>
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<P style="margin:0pt; font-family:Times New Roman; font-size:12pt"><BR></P>
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Bp (54116) SFBC International, Inc.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
SFBC International, Inc.
(Exact name of registrant as specified in its charter)
Delaware
59-2407464
(State or other jurisdiction
of incorporation or organization)
(I.R.S. Employer
Identification No.)
11190 Biscayne Boulevard, Miami, FL 33181
(Address of Principal Executive Offices) (Zip Code)
2004 Acquisition Stock Option Plan
(Full title of the plan)
Mr. Arnold Hantman
SFBC International, Inc.
11190 Biscayne Boulevard, Miami, FL  33181
(Name and address of agent for service)
(305) 895-0304
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
Title of each
class of securities
to be registered
Amount to be
registered (1)
Proposed maximum
offering price
per share (2)
Proposed maximum
aggregate offering
price
Amount of
registration fee
Common Stock
1,062,447
$35.20
$37,398,134.40
$4,401.77
(1)
In addition, pursuant to Rule 416(c) under the Securities Act of 1933, this registration statement also covers an indeterminate amount of interests to be offered or sold pursuant to the employee benefit plan(s) described herein.
(2)
Estimated solely for the purpose of computing the registration fee pursuant to Rule 457(c) based on the average of the high and low price of the registrant's common stock as quoted on the Nasdaq National Market System on March 21, 2005.
ii
PART I - INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Item 1.
Plan Information
We will send or give the documents containing the information specified in Part I of Form S-8 to employees as specified by the Securities and Exchange Commission Rule 428(b)(1) under the Securities Act of 1933.  We do not need to file these documents with the Securities and Exchange Commission either as part of this registration statement or as prospectuses or prospectus supplements under Rule 424 of the Securities Act.
Item 2.
Registrant Information and Employee Plan Annual Information
We will furnish without charge to each person to whom the prospectus is delivered,  upon the oral or written  request  of  such  person,  a copy  of  any  and  all of the  documents incorporated  by reference (other than  exhibits to such  documents).  Requests should be directed to the attention of Mr. David Natan, SFBC International, Inc., 11190 Biscayne Boulevard, Miami, Florida 33181.
Part II - Information Required in the Registration Statement
Item 3.
Incorporation of Documents by Reference.
The documents listed below are incorporated by reference in the registration statement:
·
Our Annual Report on Form 10-K for the year ended December 31, 2004, filed on March 8, 2005 (Commission File Number:  001-16119);
·
Our Current Reports on Form 8-K filed on the following dates: February 8, 2005, February 24, 2005, March 1, 2005 and March 8, 2005 (Commission File Number:  001-16119);
·
All other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange Act since the end of the fiscal year covered by the annual report referred to above;
·
The description of our common stock contained in the Registration Statement on Form SB-2 filed on September 7, 2001, File No. 333-69112, including any amendments or reports filed for the purpose of updating such description; and
·
All documents subsequently filed pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, from the date of filing of such documents.
1
Item 4.
Description of Securities.
Not Applicable.
Item 5.
Interests of Named Experts and Counsel.
Harris Cramer LLP, in West Palm Beach, Florida, will pass upon the validity of the common stock offered by the selling stockholders in this offering.  Attorneys employed by this law firm own approximately 13,252 shares of our common stock.
Item 6.
Indemnification of Directors and Officers.
Our certificate of incorporation, as amended, provides that we shall indemnify our officers and directors, employees and agents and former officers, directors, employees and agents against expenses (including attorney's fees), judgments, fines and amounts paid in settlement arising out of his or her services on behalf of us subject to the qualifications contained in Delaware law as it now exists. We also cannot indemnify our officers and directors when we assert a direct claim against them. We have entered into indemnification agreements with our officers and directors providing for indemnification and containing an advancement of expenses provision. Delaware law generally provides that a corporation shall have such power to indemnify such persons to the extent they acted in good faith in a manner they reasonably believed to be in, or not opposed to, the best interests of the corporation and, with respect to any criminal action or proceeding, had no reasonable cause to believe the conduct was unlawful. In the event any such person shall be judged liable such indemnification shall apply only if approved by the court in which the action was brought. Any other indemnification shall be made by a majority vote of the board of directors (excluding any directors who were party to such action), or by a committee of directors designated by majority vote of the board of directors or by independent legal counsel in a written opinion, or by a majority vote of stockholders (excluding any stockholders who were parties to such action).
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers or persons controlling SFBC International, Inc. pursuant to the foregoing provisions, we have been informed that in the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the Act and is therefore unenforceable.
Item 7.
Exemption from Registration Claimed.
Not Applicable.
2
Item 8.
Exhibits.
EXHIBIT NUMBER
ITEM
Exhibit 4.1
2004 Acquisition Stock Option Plan
1
Exhibit 5
Legal Opinion
Exhibit 23.1
Consent of Grant Thornton LLP
Exhibit 23.2
Consent of Harris Cramer LLP
2
1
Contained in Form 8-K filed on December 27, 2004.
2
Contained in legal opinion.
Item 9.
Undertakings.
(a)
The undersigned registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being made a post-effective amendment to this registration statement:
(i)
To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;
(ii)
To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information in the registration statement. To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement.
(iii)
To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;
(2)
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
3
(b)
The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(c)
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
4
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Miami, State of Florida, on March 23, 2005.
SFBC International, Inc.
By
/s/
ARNOLD HANTMAN
Arnold Hantman
Chief Executive Officer
Pursuant to the requirements of the Securities Act, this registration statement has been signed by the following persons in the capacities and on the date indicated.
Signatures
Title
Date
/s/ Lisa Krinsky, M.D.
Chairman of the Board of Directors
March 23, 2005
Lisa Krinsky, M.D.
/s/ Arnold Hantman
Director
March 23, 2005
Arnold Hantman
/s/ David Natan
Vice President of Finance
March 23, 2005
David Natan
(Principal Financial Officer)
and Chief Accounting Officer
/s/ Jack Levine
Director
March 23, 2005
Jack Levine
/s/ Dr. Leonard Weinstein
Director
March 23, 2005
Dr. Leonard Weinstein
/s/ David Lucking
Director
March 23, 2005
David Lucking
5
EXHIBIT INDEX
EXHIBIT NUMBER
ITEM
Exhibit 4.1
2004 Acquisition Stock Option Plan
1
Exhibit 5
Legal Opinion
Exhibit 23.1
Consent of Grant Thornton LLP
Exhibit 23.2
Consent of Harris Cramer LLP
2
1
Contained in Form 8-K filed on December 27, 2004.
2
Contained in legal opinion.