MODIFICATION AGREEMENT TO SECURED CONVERTIBLE PROMISSORY NOTEModification Agreement to Secured Convertible Promissory Note • July 14th, 2015 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys
This Modification Agreement (this “Agreement”), dated effective as of April 15, 2015 (the “Effective Date”), is to modify certain of the terms and conditions of that certain Secured Convertible Promissory Note dated September 5, 2014, by and between Location Based Technologies, Inc., a Nevada corporation (the “Company”), and ECPC Capital II, LLC (the “Lender”) in the principal amount of Four Hundred Fifty Thousand Dollars ($450,000) (the “Note”).
MODIFICATION AGREEMENT TO SECURED CONVERTIBLE PROMISSORY NOTEModification Agreement to Secured Convertible Promissory Note • July 14th, 2015 • Location Based Technologies, Inc. • Search, detection, navagation, guidance, aeronautical sys
This Modification Agreement (this “Agreement”), dated effective as of April 15, 2015 (the “Effective Date”), is to modify certain of the terms and conditions of that certain Secured Convertible Promissory Note dated November 28, 2012, by and between Location Based Technologies, Inc., a Nevada corporation (the “Company”), and Bridge Loans, LLC (the “Lender”) in the principal amount of One Million Dollars ($1,000,000), as amended on each of April 29, 2013, December 10, 2013 and September 5, 2014 (the “Note”).
