0001137091-07-000488 Sample Contracts

CONSULTING AGREEMENT
Consulting Agreement • October 12th, 2007 • Springbank Resources, Inc. • Crude petroleum & natural gas • California

This Consulting Agreement (“Agreement”), is entered into as of July 10th, 2006 (the “Effective Date”) by and between PocketFinder, LLC., and Roger Anderson (“Consultant”).

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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”).

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”).

Coregenic Professional Services Contract
Coregenic Professional Services Contract • October 12th, 2007 • Springbank Resources, Inc. • Crude petroleum & natural gas • California
Coregenic / PocketFinder PocketFinder Branding and Website - Contract Agreement
Branding and Website - Contract Agreement • October 12th, 2007 • Springbank Resources, Inc. • Crude petroleum & natural gas • California

This Agreement is made as of September 20, 2006 by and between Coregenic having offices at 2575 McCabe Way, Irvine, California (“Coregenic LLC”) and PocketFinder, having offices at 4999 E. La Palma Ave, Anaheim, California (“PocketFinder”).

NORTHSTAR INVESTMENTS. INC.
Springbank Resources, Inc. • October 12th, 2007 • Crude petroleum & natural gas • California

This will letter is intended to set forth the terms of agreement by which this Northstar Investments, Inc., a California corporation (“Northstar”) will provide services to locate and introduce, potential investors to PocketFinder, LLC, a California limited liability company (“PocketFinder”). The following are the specifics of this Agreement:

CONSULTING AGREEMENT
Consulting Agreement • October 12th, 2007 • Springbank Resources, Inc. • Crude petroleum & natural gas

This Agreement is made this 16th day of July 2007; by and between POCKETFINDER, LLC, a California limited liability company (“the Company”), and NORTHSTAR INVESTMENTS, INC., a California corporation (“the Company”).

CONSULTING AGREEMENT
Consulting Agreement • October 12th, 2007 • Springbank Resources, Inc. • Crude petroleum & natural gas • California

This Consulting Agreement (“Agreement”), is entered into as of October 3rd, 2006 (the “Effective Date”) by and between PocketFinder LLC., and Michael Beydler (“Consultant”).

Product Design Agreement
Non-Disclosure Agreement • October 12th, 2007 • Springbank Resources, Inc. • Crude petroleum & natural gas • California

This Agreement (“Agreement”) is entered into May 1st, 2007 (‘late “Effective Date”) by and between PocketFinder LLC, a corporation residing at 4999 E. La Palma Avenue Anaheim, CA., 92807 (“The Company”), and Aero Technology UK Ltd (“The Contractor”) organized under the laws of Great Britain having a registered address as 9A East Butts Road, Rugley, Staffordshire, England.

STOCK EXCHANGE AGREEMENT AND PLAN OF REORGANIZATION BETWEEN SPRINGBANK RESOURCES, INC. AND LOCATION BASED TECHNOLOGIES, CORP.
Stock Exchange Agreement • October 12th, 2007 • Springbank Resources, Inc. • Crude petroleum & natural gas • Nevada

This STOCK EXCHANGE AGREEMENT AND PLAN OF REORGANIZATION (the “Agreement”), made as of the 31st day of August, 2007, by and between Springbank Resources, Inc. (“Springbank”), Location Based Technologies, Corp. (“LBT”), and the shareholders of LBT whose names are listed in Exhibit A hereto (as to Article I and Article III only), is made for the purpose of establishing the terms and conditions a plan of reorganization pursuant to which Springbank will acquire all of the issued and outstanding shares of LBT in exchange for shares of Springbank’s common stock.

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