Location Based Technologies, Inc. Sample Contracts

Contract
Location Based Technologies, Inc. • August 26th, 2011 • Search, detection, navagation, guidance, aeronautical sys • California

THIS WARRANT AND THE SHARES ISSUABLE HEREUNDER HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR THE SECURITIES LAWS OF ANY STATE AND, EXCEPT AND PURSUANT TO THE PROVISIONS OF ARTICLE 5 BELOW, MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER SAID ACT AND APPLICABLE STATE SECURITIES LAW OR, IN THE OPINION OF LEGAL COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER OF THESE SECURITIES, SUCH OFFER, SALE OR TRANSFER, PLEDGE OR HYPOTHECATION IS EXEMPT FROM REGISTRATION.

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LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • January 14th, 2011 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • Nevada

THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of January 5, 2011 (the “Effective Date”) between SILICON VALLEY BANK, a California corporation (“Bank”), and LOCATION BASED TECHNOLOGIES, INC., a Nevada corporation (“Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:

STOCK PURCHASE AGREEMENT BY AND BETWEEN LOCATION BASED TECHNOLOGIES, INC. AND ALLEN SIMON Dated November 2, 2009
Stock Purchase Agreement • November 30th, 2009 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California

This STOCK PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of this 2nd day of November 2009 by and between the Location Based Technologies, Inc., a Nevada corporation (the “Company”) and Allen Simon (“Buyer”).

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • July 13th, 2012 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California

This Employment Agreement ("Agreement"), is entered into as of March 1, 2012 (the "Effective Date") by and between Location Based Technologies, a Nevada Corporation ("Company"), and DAVID MICHAEL MORSE, JR. ("Executive").

LOAN AMENDMENT AND EXTENSION AGREEMENT
Loan Amendment and Extension Agreement • July 11th, 2014 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California

This Loan Amendment and Extension Agreement (this “Agreement”), dated as of March 14, 2014, is entered into by and among Location Based Technologies, Inc., a Nevada corporation (“Borrower”) and Eric Fronk (“Lender”).

CONSULTING AGREEMENT
Consulting Agreement • July 14th, 2009 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California

This Consulting Agreement ("Agreement") entered into as of May 1, 2009 (the "Effective Date") by and between Location Based Technologies, Inc., a Nevada corporation (“the Company”), and Tina Florance ("Consultant") and supersedes the Agreement between the Company and Tina Florance dated January 2, 2008.

THIRD LOAN AMENDMENT AND EXTENSION AGREEMENT
Third Loan Amendment and Extension Agreement • November 26th, 2014 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California

This Third Loan Amendment and Extension Agreement (this “Agreement”), dated as of August 28, 2014, is entered into by and among Location Based Technologies, Inc., a Nevada corporation (“Borrower”) and David Kuennen and Denisse Kuennen (“Lender”).

EXHIBIT 10.1
Purchase and Sale Agreement • December 15th, 2006 • Springbank Resources, Inc. • Nevada
EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • February 24th, 2012 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California

This Employment Agreement (“Agreement”), is entered into as of January 12, 2012 (the “Effective Date”) by and between Location Based Technologies, Inc., a Nevada corporation (“Company”), and Desiree Mejia (“Executive”).

SECOND LOAN AMENDMENT AND EXTENSION AGREEMENT
Second Loan Amendment and Extension Agreement • November 26th, 2014 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California

This Second Loan Amendment and Extension Agreement (this “Agreement”), dated as of November 14, 2014, is entered into by and among Location Based Technologies, Inc., a Nevada corporation (“Borrower”) and Chuck Smith (“Lender”).

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • October 12th, 2007 • Springbank Resources, Inc. • Crude petroleum & natural gas • California

This Employment Agreement (“Agreement”), is entered into as of October 11, 2007 (the “Effective Date”) by and between Location Based Technologies, a Nevada Corporation (“Company”), and David Morse (“Executive”).

SECURITIES PURCHASE AGREEMENT DOCUMENT SPA-8292013
Securities Purchase Agreement • September 5th, 2013 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California

This Securities Purchase Agreement (this “Agreement”) is dated as of August 29, 2013, between Location Based Technologies, Inc., a Nevada corporation (the “Company”) and David Meyers (the “Purchaser”) (referred to collectively herein as the “Parties”).

MANUFACTURING SERVICES AGREEMENT between JABIL CIRCUIT, INC. and Location Based Technologies Inc.
Manufacturing Services Agreement • July 14th, 2008 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • Florida
POCKETFINDER LLC CONVERTIBLE NOTE
Springbank Resources, Inc. • October 12th, 2007 • Crude petroleum & natural gas

PocketFinder LLC , a limited liability company duly organized and existing under the laws of California (herein referred to as the “Company”), for value received, hereby promises to pay to _______________________________, the principal sum of $_____________________ on June 30, 2008, at the office or agency of the Company in Anaheim, California, in such coin or currency of the United States of America as at the time of payment is legal tender for the payment of public and private debts, and to pay interest on said principal sum at the rate of 8% per annum, at said office or agency, in like coin or currency.

LOCATION BASED TECHNOLOGIES, CORP. STOCK OPTION AWARD AGREEMENT
Stock Option Award Agreement • October 12th, 2007 • Springbank Resources, Inc. • Crude petroleum & natural gas • California

This agreement dated as of October 11, 2007, (“Award Agreement”), is entered into by and between Location Based Technologies, Corp., a California corporation (the “Company”), and Joseph Scalisi (the “Optionee”).

CONSULTING & REPRESENTATIVE SERVICES AGREEMENT
Consulting & Representative Services Agreement • July 13th, 2011 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California

THIS CONSULTING SERVICES AGREEMENT (the "Agreement") is made and entered into as of this 1st day of July 2011, by and between Location Based Technologies, Inc. the (“Company”), a Nevada corporation, and I S Consulting, Inc. ("Consultant");

SECURED CONVERTIBLE PROMISSORY NOTE AMENDMENT I
Location Based Technologies, Inc. • July 14th, 2015 • Search, detection, navagation, guidance, aeronautical sys

This First Amendment (the "Amendment”) is to amend the following terms and conditions of the Secured Convertible Promissory Note dated February 3, 2015, (the “Note”) by and between Location Based Technologies, Inc., a Nevada corporation (the "Company"), and Greggory Haugen (the “Lender”) (each a, “Party” both are, “Parties”).

SECURITIES PURCHASE AGREEMENT DOCUMENT SPA-121112
Securities Purchase Agreement • December 14th, 2012 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • Texas

This Securities Purchase Agreement (this “Agreement”) is dated as of December 10, 2012, between Location Based Technologies, Inc., a Nevada corporation (the “Company”) and ECPC II Capital, LLC (the “Purchaser”) (referred to collectively herein as the “Parties”).

CONSULTING & REPRESENTATIVE SERVICES AGREEMENT
Representative Services Agreement • July 20th, 2010 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California

THIS CONSULTING SERVICES AGREEMENT (the "Agreement") is made and entered into as of this 4th day of June 2010, by and between Location Based Technologies, Inc. the (“Company”), a Nevada corporation and, SimCar Holdings, Inc. ("Consultant");

SECURITY AGREEMENT
Security Agreement • December 14th, 2012 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • Texas

This SECURITY AGREEMENT, dated as of December 10, 2012 (this “Agreement”), is among Location Based Technologies, Inc., a Nevada corporation (the “Company”), the holders of the Company’s Secured Convertible Notes issued on December 10, 2012 (the “Notes”), in the original aggregate principal amount of up to $1,000,000 (collectively, the “Secured Parties”) and Jess N. Turner III, Esq., as collateral agent for the Secured Parties (the “Collateral Agent”).

SECURITY AGREEMENT AMENDMENT 1
Security Agreement • February 4th, 2013 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys

This Amendment (the "Amendment”) is to amend the Schedule A Security Agreement dated December 10, 2012, (the “Agreement”) by and between Location Based Technologies, Inc., a Nevada corporation (the "Company"), and ECPC Capital II, LLC (the “Lender”) (each a, “Party” both are, “Parties”).

LOAN AMENDMENT AGREEMENT
Loan Amendment Agreement • January 13th, 2015 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys

This Loan Amendment Agreement (this “Agreement”) is entered into this 28th day of November 2014, but effective as of September 14, 2014 by and between Location Based Technologies, Inc., a Nevada corporation (“Borrower”) and David M. Morse (“Lender”). Both Lender and Borrower may each be referred to as “Party”, and may collectively be referred to as “Parties”.

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UNSECURED CONVERTIBLE PROMISSORY NOTE AMENDMENT 1
Location Based Technologies, Inc. • September 5th, 2013 • Search, detection, navagation, guidance, aeronautical sys

This First Amendment (the "Amendment”) is to amend the following terms and conditions of the Unsecured Convertible Promissory Note dated November 1, 2012, (the “Original Note”) by and between Location Based Technologies, Inc., a Nevada corporation (the "Company"), and David Meyers (the “Lender”) (each a, “Party” both are, “Parties”).

SECURED CONVERTIBLE PROMISSORY NOTE AMENDMENT II
Second Amendment • April 10th, 2015 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys

This Second Amendment (the "Amendment”) is to amend the following terms and conditions of the Secured Convertible Promissory Note dated September 10, 2012, (the “Note”) by and between Location Based Technologies, Inc., a Nevada corporation (the "Company"), and Greggory Haugen (the “Lender”) (each a, “Party” both are, “Parties”).

LOAN AMENDMENT AND EXTENSION AGREEMENT
Loan Amendment and Extension Agreement • July 11th, 2014 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California

This Loan Amendment and Extension Agreement (this “Agreement”), dated as of March 14, 2014, is entered into by and among Location Based Technologies, Inc., a Nevada corporation (“Borrower”) and Gregory Harrison (“Lender”).

LOAN AMENDMENT AGREEMENT
Loan Amendment Agreement • January 13th, 2015 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys

This Loan Amendment Agreement (this “Agreement”) is entered into this 28th day of November 2014, but effective as of September 14, 2014 by and between Location Based Technologies, Inc., a Nevada corporation (“Borrower”) and Eric Fronk (“Lender”). Both Lender and Borrower may each be referred to as “Party”, and may collectively be referred to as “Parties”.

FOURTH AMENDMENT TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • November 29th, 2012 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys

THIS FOURTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (this “Amendment”) is entered into this __ day of November, 2012, but effective as of October 5, 2012, by and between SILICON VALLEY BANK (“Bank”) and LOCATION BASED TECHNOLOGIES, INC., a Nevada corporation (“Borrower”).

LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • April 20th, 2012 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys

THIS THIRD AMENDMENT TO LOAN AND SECURITY AGREEMENT (this “Amendment”) is entered into this 17th day of April, 2012, but effective as of April 5, 2012, by and between SILICON VALLEY BANK (“Bank”) and LOCATION BASED TECHNOLOGIES, INC., a Nevada corporation (“Borrower”).

SECURED CONVERTIBLE PROMISSORY NOTE AMENDMENT II
Second Amendment • July 14th, 2015 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys

This Second Amendment (the "Amendment”) is to amend the following terms and conditions of the Secured Convertible Promissory Note dated August 13, 2013, (the “Note”) by and between Location Based Technologies, Inc., a Nevada corporation (the "Company"), and Greggory Haugen (the “Lender”) (each a, “Party” both are, “Parties”).

Coregenic Professional Services Contract
Coregenic Professional Services Contract • October 12th, 2007 • Springbank Resources, Inc. • Crude petroleum & natural gas • California
PROMISSORY NOTE
Location Based Technologies, Inc. • July 13th, 2011 • Search, detection, navagation, guidance, aeronautical sys • California

FOR VALUE RECEIVED, the undersigned, Location Based Technologies, Inc., a Nevada corporation (referred to herein as the “Borrower” or “Company”), hereby unconditionally promises to pay to the order of Jeff Parker, his endorsees, successors and assigns (the “Lender”), in lawful money of the United States, at _________________________________________ or such other address as the Lender may from time to time designate, the principal sum of Fifty Thousand Dollars ($50,000).

EXTENSION AGREEMENT
Extension Agreement • April 14th, 2009 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys

This Extension Agreement (this “Agreement”), dated as of January 30, 2009, is entered into by and among Location Based Technologies, Inc., a Nevada corporation (“Company”), Desiree Mejia, an individual with her principal residence at 1015 Avenue A, Redondo Beach, CA 90277 (“Pledgor”), Gemini Master Fund, Ltd., a Cayman Islands exempted company (Gemini the “Holders”).

SECURED CONVERTIBLE PROMISSORY NOTE AMENDMENT I
Location Based Technologies, Inc. • July 14th, 2015 • Search, detection, navagation, guidance, aeronautical sys

This First Amendment (the "Amendment”) is to amend the following terms and conditions of the Secured Convertible Promissory Note dated December 3, 2014, (the “Note”) by and between Location Based Technologies, Inc., a Nevada corporation (the "Company"), and Greggory Haugen (the “Lender”) (each a, “Party” both are, “Parties”).

CONVERTIBLE PROMISSORY NOTE AMENDMENT
First Amendment • November 22nd, 2013 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys

This First Amendment (the "Amendment”) is to amend the following terms and conditions of the Convertible Promissory Note dated June 28, 2012, (the “Note”) by and between Location Based Technologies, Inc., a Nevada corporation (the "Company"), and Cody Evans (the “Lender”) (each a, “Party” both are, “Parties”).

TECHNOLOGY LICENSE AND DISTRIBUTION AGREEMENT
Technology License and Distribution Agreement • February 29th, 2008 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys
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