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Business Consulting Agreement

Asset Purchase Agreement

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This Asset Purchase Agreement involves

Business Consulting | Cord Blood America, Inc Company

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Title: Business Consulting Agreement
Governing Law: Florida    

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Business Consulting Agreement

This Business Consulting Agreement (the "Agreement") is entered into July 15, 2005 by and between:
 
Henry Goddard
(Consultant)

And
 
"Cord Blood America, Inc."
(Company)

WITNESSETH

WHEREAS, Consultant provides consultation and advisory services relating to business management and marketing; and

WHEREAS, The Company desires to be assured of the services of the Consultant in order to avail itself to the Consultant's experience, skills, knowledge and abilities: The Company is therefore willing to engage the Consultant and the Consultant agrees to be engages upon the terms and conditions set forth herein.

NOW, THEREFORE, in consideration of the foregoing, of the mutual promises herein set forth and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

1.  
Consulting Services: Effective as of July 15, 2005, The Company hereby engages and Consultant hereby accepts the engagement to become a consultant to the Company and to render such advice, consultation, information and services to the Company including assisting the company with (a) the preparation, implementation and monitoring of business plans, (b) preparation of acquisition agreements with potential parties, and (c) such other managerial assistance as the Company and Consultant shall deem necessary or appropriate for the Company business.

2.  
Payment: In consideration for entering into this agreement, the Company agrees to compensate Consultant in the amount of 103,292 un-restricted shares of the Company common stock upon the execution of this agreement and $0 for each full month that this Agreement is in effect.

3.  
Expenses: The Company shall reimburse Consultant for all pre-approved travel and other expenses incurred. Consultant shall provide receipts and vouchers to the Company for all expenses for which reimbursement is claimed.
 
 


 4.
 
Invoices: All pre-approved invoices for services provided to the Company and expenses incurred by Consultant in connection therewith shall be payable in full within
ten (10) days of the date of such invoice.
 
 
  5.  
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