0001393905-10-000732 Sample Contracts

EMPLOYMENT AGREEMENT BETWEEN ENTEST BIOMEDICAL, INC. AND DR. GREGORY MCDONALD, DVM
Employment Agreement • December 27th, 2010 • Entest Biomedical, Inc. • Women's, misses', and juniors outerwear • California

THIS EMPLOYMENT AGREEMENT (the "Agreement") dated as of December 31, 2010 is entered into between Entest BioMedical, Inc., a California corporation, (the "Company") and Dr. Gregory McDonald ("Employee").

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ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • December 27th, 2010 • Entest Biomedical, Inc. • Women's, misses', and juniors outerwear

This Asset Purchase Agreement ("AGREEMENT") is made as of December 17, 2010 by and among ENTEST BIOMEDICAL, INC., a California corporation (“Buyer”) which is wholly owned by ENTEST BIOMEDICAL INC., A Nevada corporation publicly traded on the OTC Bulletin Board under the symbol ENTB, PET POINTERS, INC., a California corporation ("Seller") doing business as McDonald Animal Hospital and DR. GREGORY MCDONALD, the sole shareholder, officer and director of the Seller (“Dr. Gregory McDonald” or “McDonald”).

Amendment to Escrow Agreement dated December 16, 2010
Escrow Agreement • December 27th, 2010 • Entest Biomedical, Inc. • Women's, misses', and juniors outerwear

Whereas an Escrow Agreement (the "Escrow Agreement") was entered into as of October 26, 2010, by and between Herman H. Pettegrove (the "Escrow Agent"), Entest BioMedical Inc. (“Purchaser”) and Greg McDonald, DVM (the “Seller”), herein collectively referred to herein as the “Parties” (“Parties”).

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