NOVASTAR RESOURCES LTD. INDEPENDENT DIRECTOR’S CONTRACTNovastar Resources • October 23rd, 2006 • Thorium Power, LTD • Mining & quarrying of nonmetallic minerals (no fuels) • Nevada
Contract Type FiledOctober 23rd, 2006 Company Industry JurisdictionTHIS AGREEMENT (The “Agreement”) is made as of the 23rd day of October, 2006 and is by and between Novastar Resources Ltd., a Nevada corporation (hereinafter referred to as “Company”) and Jack D. Ladd (hereinafter referred to as “Director”).