0001144204-06-031132 Sample Contracts

NOVASTAR RESOURCES LTD. SECOND AMENDED AND RESTATED 2006 STOCK PLAN NOTICE OF GRANT
Stock Option Agreement • August 4th, 2006 • Novastar Resources Ltd. • Mining & quarrying of nonmetallic minerals (no fuels) • Nevada

Capitalized but otherwise undefined terms in this Notice of Grant and the attached Stock Option Agreement shall have the same defined meanings as in the Second Amended and Restated 2006 Stock Plan (the “Plan”).

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EMPLOYMENT AGREEMENT
Employment Agreement • August 4th, 2006 • Novastar Resources Ltd. • Mining & quarrying of nonmetallic minerals (no fuels) • Nevada

EMPLOYMENT AGREEMENT, dated as of July 27, 2006 (this “Agreement”), between NOVASTAR RESOURCES LTD., a Nevada corporation (the “Company”), and ANDREY MUSHAKOV, an individual (the “Executive”).

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EMPLOYMENT AGREEMENT
Employment Agreement • August 4th, 2006 • Novastar Resources Ltd. • Mining & quarrying of nonmetallic minerals (no fuels) • Nevada

EMPLOYMENT AGREEMENT, dated as of July 27, 2006 (this “Agreement”), between NOVASTAR RESOURCES LTD., a Nevada corporation (the “Company”), and THOMAS GRAHAM, JR., an individual (the “Executive”).

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