Compensation for Consulting Services. a. As compensation for services performed under this agreement, the Company will issue to consultant two million (2,000,000) shares of the Company’s restricted common stock as follows: One million (1,000,000) shares to be issued upon signing of this agreement and one million (1,000,000) shares to be issued on January 1, 2012.
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Sources: Consulting Services Agreement (Location Based Technologies, Inc.), Consulting Services Agreement (Location Based Technologies, Inc.)