EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • April 16th, 2012 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • California
This Employment Agreement ("Agreement"), is entered into as of March 16, 2012 (the "Effective Date") by and between Location Based Technologies, a Nevada Corporation ("Company"), and K. Eric Fronk ("Executive").
SECURITIES PURCHASE AGREEMENT DOCUMENT SPA-03162012Securities Purchase Agreement • April 16th, 2012 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys • Florida
This Securities Purchase Agreement (this “Agreement”) is dated as of March 16, 2012, between Location Based Technologies, Inc., a Nevada corporation (the “Company”) and JMJ Financial (the “Purchaser”) (referred to collectively herein as the “Parties”).
PROMISSORY NOTELocation Based Technologies, Inc. • April 16th, 2012 • 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 Brian Quinn its endorsees, successors and assigns (the “Holder” or “Lender”), at _________________________________ or such other address as the Lender may from time to time designate, the principal sum of FIVE HUNDRED THOUSAND DOLLARS ($500,000).
