0001437749-14-021409 Sample Contracts

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”).

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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”).

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

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 James A. Heer and Kristina S. Heer (“Lender”).

SECURED CONVERTIBLE PROMISSORY NOTE AMENDMENT III
Third Amendment • November 26th, 2014 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys

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

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