0001144204-06-024624 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • June 13th, 2006 • Novastar Resources Ltd. • Mining & quarrying of nonmetallic minerals (no fuels) • Nevada

EMPLOYMENT AGREEMENT, dated as of June 5, 2006 (this “Agreement”), between NOVASTAR RESOURCES LTD., a Nevada corporation (the “Company”), and CORNELIUS J. MILMOE, an individual (the “Executive”).

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AMENDMENT NO. 1 TO AMENDED AND RESTATED CONSULTING AGREEMENT
Consulting Agreement • June 13th, 2006 • Novastar Resources Ltd. • Mining & quarrying of nonmetallic minerals (no fuels)

This AMENDMENT NO. 1 TO AMENDED AND RESTATED CONSULTING AGREEMENT is entered into as of June 12, 2006 (this “Amendment”) by and among NOVASTAR RESOURCES, LTD., a Nevada corporation (the “Company”) and ALAN GELBAND, an individual (“Gelband”) and ALAN GELBAND COMPANY, INC., a Florida corporation (“AGC”). For the purposes of this Agreement, either of the above shall be referred to as a "Party" and collectively as the "Parties". Capitalized terms used, but not otherwise defined, herein have the meanings ascribed to such terms in the Agreement (as defined below).

NOVASTAR RESOURCES LTD. CONSULTING AGREEMENT
Consulting Agreement • June 13th, 2006 • Novastar Resources Ltd. • Mining & quarrying of nonmetallic minerals (no fuels) • New York

CONSULTING AGREEMENT, dated as of June 13, 2006 (the “Agreement”), by and between NOVASTAR RESOURCES LTD., a Nevada corporation, having its principal place of business at 8300 Greensboro Drive, Suite 800, McLean, VA 22102 (“Company”) and LARRY GOLDMAN, an individual residing at 5 Victory Road, Suffern, NY 10901(“Consultant”).

AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER
Agreement and Plan of Merger • June 13th, 2006 • Novastar Resources Ltd. • Mining & quarrying of nonmetallic minerals (no fuels)

This AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER is entered into as of June 12, 2006 (this “Amendment”) among NOVASTAR RESOURCES LTD., a Nevada corporation (“Novastar”), TP ACQUISITION CORP., a Delaware corporation and wholly-owned subsidiary of Novastar (“Acquisition Sub”), and THORIUM POWER, INC., a Delaware corporation (“Thorium Power”). Capitalized terms used, but not otherwise defined, herein have the meanings ascribed to such terms in the Agreement (as defined below).

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