5 Uses in Authorization to File Financing Statements Clause

Authorization to File Financing Statements from Loan and Security Agreement

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:

Authorization to File Financing Statements. Borrower hereby authorizes Bank to file financing statements, without notice to Borrower, with all appropriate jurisdictions to perfect or protect Bank's interest or rights hereunder, including a notice that any disposition of the Collateral, by either Borrower or any other Person, shall be deemed to violate the rights of Bank under the Code.

Authorization to File Financing Statements from Loan and Security Agreement

This LOAN AND SECURITY AGREEMENT (this Agreement) dated as of June 27, 2006, between SILICON VALLEY BANK, a California chartered bank, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at 230 W. Monroe, Suite 720, Chicago, Illinois 60606 (FAX 312-704-1530) (Bank) and TELULAR CORPORATION, a Delaware corporation, with offices at 647 N. Lakeview Parkway, Vernon Hills, Illinois (FAX 847-573-2011) (Borrower), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:

Authorization to File Financing Statements. Borrower hereby authorizes Bank to file financing statements, without notice to Borrower, with all appropriate jurisdictions in order to perfect or protect Banks interest or rights hereunder, which financing statements may indicate the Collateral as all assets of the Debtor or words of similar effect, or as being of an equal or lesser scope, or with greater detail, all in Banks discretion and may also include a notice that any disposition of the Collateral, by either Borrower or any other Person, shall be deemed to violate the rights of Bank under the Code.