0000950129-06-005908 Sample Contracts

Management Services Agreement
Management Services Agreement • May 30th, 2006 • White Mountain Titanium Corp • Metal mining • Utah

This Management Services Agreement (the “Agreement”) is entered into this 6th day of February 2006, with an effective date of January 1, 2006 (the “Effective Date”), by and between White Mountain Titanium Corporation, a Nevada corporation (“WMTC”), and Lopez & Ashton Ltda., a Chilean limited liability partnership with offices in Santiago, Chile (“Manageco”), the principals of which are Cesar Lopez and Stephanie Ashton (jointly referred to herein as the “Principals”).

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Management Services Agreement
Management Services Agreement • May 30th, 2006 • White Mountain Titanium Corp • Metal mining • Utah

This Management Services Agreement (the “Agreement”) is entered into this 6th day of February 2006, with an effective date of February 1, 2006 (the “Effective Date”), by and between White Mountain Titanium Corporation, a Nevada corporation (“WMTC”), and Trio International Capital Corp. (“Trio”) and its wholly owned subsidiary, Pacific Venture Management Ltd. (“PVM”), both the parent and subsidiary company collectively referred to herein as the “Service Provider”.

SECOND AMENDMENT AND WAIVER TO THE SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • May 30th, 2006 • White Mountain Titanium Corp • Metal mining

THIS SECOND AMENDMENT AND WAIVER, dated as of May 5, 2006 (this “Amendment”) to the Securities Purchase Agreement referred to below is entered into by and among White Mountain Titanium Corporation, a Nevada corporation (the “Company”), Rubicon Master Fund, a company organized under the laws of the Cayman Islands (“Rubicon”), and Phelps Dodge Corporation, a Delaware corporation (“Phelps Dodge”).

RENEWAL OF BUSINESS CONSULTANT AGREEMENT
Renewal of Business Consultant Agreement • May 30th, 2006 • White Mountain Titanium Corp • Metal mining

This Renewal Agreement, entered into this 6th day of February 2006, with an effective date of January 1, 2006, is by and between White Mountain Titanium Corporation, a Nevada corporation (the “Company”), and Crosby Enterprises, Inc., a Washington corporation (“CE”).

Management Services Agreement
Management Services Agreement • May 30th, 2006 • White Mountain Titanium Corp • Metal mining • Utah

This Management Services Agreement (the “Agreement”) is entered into this 6th day of February 2006, with an effective date of February 1, 2006 (the “Effective Date”), by and between White Mountain Titanium Corporation, a Nevada corporation (“WMTC”), and Michael P. Kurtanjek (“Mr. Kurtanjek”).

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