0001137091-09-000303 Sample Contracts

STOCK PURCHASE AGREEMENT BY AND BETWEEN LOCATION BASED TECHNOLOGIES, INC. AND ___MICHAEL FLANAGAN___ Dated June 5, 2009

Stock Purchase Agreement • June 16th, 2009 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California

• Contract Type
  Stock Purchase Agreement
• Filed
  June 16th, 2009
• Company
  Location Based Technologies, Inc.
• Industry
  Search, detection, navagation, guidance, aeronautical sys
• Jurisdiction
  California

This STOCK PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of this 5th day of June, 2009 by and between the Location Based Technologies, Inc., a Nevada corporation (the “Company”) and Mr. Michael Flanagan (“Buyer”).

SETTLEMENT AGREEMENT AND RELEASE

Settlement Agreement and Release • June 16th, 2009 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California

• Contract Type
  Settlement Agreement and Release
• Filed
  June 16th, 2009
• Company
  Location Based Technologies, Inc.
• Industry
  Search, detection, navagation, guidance, aeronautical sys
• Jurisdiction
  California

This Settlement Agreement and Release (the "Agreement”) is between Location Based Technologies, Inc. (“LBAS”), on the one hand, and Jens Dalsgaard (“Dalsgaard”),Redwood Consultants, LLC (“Redwood”), Constellation Capital Management (“Constellation”), William Gilliam (“Gilliam”), the Gilliam Exempt Family Trust (“the Trust”), Angela Williams (“Williams”), Richard Pisano (“Pisano”), Amanda Schmieder (“Schmieder”), Giuliana Dalsgaard (“G. Dalsgaard”), Matthew Murawski (“Murawski”), and Arron Johnson (“Johnson”) (collectively, the “Redwood Parties”), on the other hand.