Document:

Filed by sedaredgar.com - Liberty Star Uranium & Metals Corp. - Exhibit 10.6

COLLATERAL AGENT AGREEMENT

     COLLATERAL AGENT AGREEMENT (this
“Agreement”) dated as of August 27, 2008, among Collateral Agents, LLC
(the “Collateral Agent”), and the parties identified on Schedule A hereto
(each, individually, a “Lender” and collectively, the “Lenders”),
who hold or will acquire promissory Notes issued or to be issued by Liberty Star
Uranium & Metals Corp., a Nevada corporation (“Parent”), and Big Chunk
Corp., an Alaska corporation (“Guarantor”), on the dates set forth on Schedule A
hereto and at, about or after the date of this Agreement as described in the
Security Agreement referred to in Section 1(a) below (collectively herein the
“Notes”).

     WHEREAS, the Lenders have made,
are making and will be making loans to Parent to be secured by certain
collateral; and

     WHEREAS, it is desirable to
provide for the orderly administration of such collateral by requiring each
Lender to appoint the Collateral Agent, and the Collateral Agent has agreed to
accept such appointment and to receive, hold and deliver such collateral, all
upon the terms and subject to the conditions hereinafter set forth; and

     WHEREAS, it is desirable to
allocate the enforcement of certain rights of the Lenders under the Notes for
the orderly administration thereof.

     NOW, THEREFORE, in consideration
of the premises set forth herein and for other good and valuable consideration,
the parties hereto agree as follows:

     1.      Collateral.

          (a)     
Prior to or contemporaneously with the execution and delivery of this Agreement
by the Collateral Agent and the Lenders, (i) the Collateral Agent has or will
have entered into a Security Agreement with Parent and Guarantor (“Security
Agreement”), regarding the grant of a security interest in the assets of
Parent and Guarantor (such assets are referred to herein and in the Security
Agreement as the “Collateral”) to the Collateral Agent, for the benefit
of the Lenders, (ii) Guarantor will have executed and delivered a “Guaranty” in
favor of Lenders in connection with the Obligations (as defined in the Security
Agreements), and (iii) Parent is issuing the Notes to the Lenders pursuant to
Subscription Agreements dated at or about May 11, 2007 and the date of this
Agreement (collectively, each a “Subscription Agreement”). Collectively, the
Security Agreement, the Notes and Subscription Agreement and other agreements
referred to therein are referred to herein as “Borrower Documents”. All
defined terms not otherwise defined herein shall have the meanings attributed to
them in the Security Agreement.

          (b)      The
Collateral Agent hereby acknowledges that any Collateral held by the Collateral
Agent is held for the benefit of the Lenders in accordance with this Agreement
and the Borrower Documents. No reference to the Borrower Documents or any other
instrument or document shall be deemed to incorporate any term or provision
thereof into this Agreement unless expressly so provided.

          (c)     
The Collateral Agent is to distribute in accordance with the Borrower Documents
any proceeds received from the Collateral which are distributable to the Lenders
as set forth in Section 10.4 of the Security Agreement.

     2.      Appointment
of the Collateral Agent.

1

     The Lenders hereby appoint the
Collateral Agent (and the Collateral Agent hereby accepts such appointment) to
take any action including, without limitation, the registration of any
Collateral in the name of the Collateral Agent or its nominees prior to or
during the continuance of an Event of Default (as defined in the Borrower
Documents), the exercise of voting rights, if any, upon the occurrence and
during the continuance of an Event of Default, the application of any cash
collateral received by the Collateral Agent to the payment of the Obligations,
the making of any demand under the Borrower Documents, the exercise of any
remedies given to the Collateral Agent pursuant to the Borrower Documents and
the exercise of any authority pursuant to the appointment of the Collateral
Agent as an attorney-in-fact pursuant to the Security Agreement that the
Collateral Agent deems necessary or proper for the administration of the
Collateral pursuant to the Security Agreement. Upon disposition of the
Collateral in accordance with the Borrower Documents, the Collateral Agent shall
promptly distribute any cash or Collateral in accordance with Section 10.4 of
the Security Agreement. Parent and Lenders must notify Collateral Agent in
writing of the issuance of Notes to Lenders by Parent. Additional Lenders may
become subject to the rights and benefits of this Agreement by participating in
the Offering and executing and delivering a copy of this Agreement to the
Collateral Agent and Company. Schedule A may be amended from time to time to
include such additional Lenders. The Collateral Agent will not be required to
act hereunder in connection with Notes the issuance of which was not disclosed
in writing to the Collateral Agent nor will the Collateral Agent be required to
act on behalf of any assignee of Notes without the written consent of Collateral
Agent.

     3.      Action
by the Majority in Interest.

          (a)      Certain
Actions. Each of the Lenders covenants and agrees that only a Majority in
Interest shall have the right, but not the obligation, to undertake the
following actions (it being expressly understood that less than a Majority in
Interest hereby expressly waive the following rights that they may otherwise
have under the Borrower Documents):

               (i)      Acceleration.
If an Event of Default occurs, after the applicable cure period, if any, a
Majority in Interest may, on behalf of all the Lenders, instruct the Collateral
Agent to provide to Parent and/or Guarantor notice to cure such default and/or
declare the unpaid principal amount of the Notes to be due and payable, together
with any and all accrued interest thereon and all costs payable pursuant to such
Notes;

               (ii)      Enforcement.
Upon the occurrence of any Event of Default after the applicable cure period, if
any, a Majority in Interest may instruct the Collateral Agent to proceed to
protect, exercise and enforce, on behalf of all the Lenders, their rights and
remedies under the Borrower Documents against Parent and/or Guarantor, and such
other rights and remedies as are provided by law or equity; and

               (iii)      Waiver
of Past Defaults. A Majority in Interest may instruct the Collateral Agent
to waive any Event of Default by written notice to Parent and/or Guarantor, and
the other Lenders, but not waive damages accrued or accruing until the effective
date of such waiver.

          (b)     
Permitted Subordination and Release. A Majority in Interest may instruct
the Collateral Agent to agree to release in whole or in part or to subordinate
any Collateral to any claim or other actual or proposed security interest and
may enter into any agreement with Parent and/or Guarantor to evidence such
subordination; provided, however, that subsequent to any such
release or subordination, each Note shall remain pari passu with the
other Notes held by the Lenders.

2

          (c)      Further
Actions. A Majority in Interest may instruct the Collateral Agent to take
any other action described in Section 13(h) of the Subscription Agreement and
subject to the conditions described in Section 13(h) of the Subscription
Agreement by instructing the Collateral Agent in writing to take such action on
behalf of all the Lenders.

          (d)      Majority
in Interest. For so long as any obligations remain outstanding on the Notes,
Majority in Interest for the purposes of this Agreement and the Borrower
Documents shall mean Lenders who hold not less than seventy percent (70%) of the
outstanding principal amount of the Notes on the date such Majority in Interest
instructs the Collateral Agent.

     4.      Power
of Attorney.

          (a)      To
effectuate the terms and provisions hereof, the Lenders hereby appoint the
Collateral Agent as their attorney-in-fact (and the Collateral Agent hereby
accepts such appointment) for the purpose of carrying out the provisions of this
Agreement including, without limitation, taking any action on behalf of, or at
the instruction of, the Majority in Interest at the written direction of the
Majority in Interest and executing any consent authorized pursuant to this
Agreement and taking any action and executing any instrument that the Collateral
Agent may deem necessary or advisable (and lawful) to accomplish the purposes
hereof.

          (b)     
All acts done under the foregoing authorization are hereby ratified and approved
and neither the Collateral Agent nor any designee nor agent thereof shall be
liable for any acts of commission or omission, for any error of judgment, for
any mistake of fact or law except for acts of gross negligence or willful
misconduct.

          (c)      This
power of attorney, being coupled with an interest, is irrevocable while this
Agreement remains in effect.

     5.      Expenses
of the Collateral Agent. The Lenders shall pay any and all reasonable costs
and expenses incurred by the Collateral Agent, including, without limitation,
reasonable costs and expenses relating to all waivers, releases, discharges,
satisfactions, modifications and amendments of this Agreement, the
administration and holding of the Collateral, insurance expenses, and the
enforcement, protection and adjudication of the parties’ rights hereunder by the
Collateral Agent, including, without limitation, the reasonable disbursements,
expenses and fees of the attorneys the Collateral Agent may retain, if any, each
of the foregoing in proportion to their holdings of the Notes.

     6.      Reliance
on Documents and Experts. The Collateral Agent shall be entitled to rely
upon any notice, consent, certificate, affidavit, statement, paper, document,
writing or communication (which may be by telegram, cable, telex, telecopier, or
telephone) reasonably believed by it to be genuine and to have been signed, sent
or made by the proper person or persons, and upon opinions and advice of its own
legal counsel, independent public accountants and other experts selected by the
Collateral Agent.

     7.      Duties
of the Collateral Agent; Standard of Care.

          (a)      The
Collateral Agent’s only duties are those expressly set forth in this Agreement,
and the Collateral Agent hereby is authorized to perform those duties in
accordance with commercially reasonable practices. The Collateral Agent may
exercise or otherwise enforce any of its rights, powers, privileges, remedies
and interests under this Agreement and applicable law or perform any of its
duties under this Agreement by or through its officers, employees, attorneys, or
agents.

3

          (b)      The
Collateral Agent shall act in good faith and with that degree of care that an
ordinarily prudent person in a like position would use under similar
circumstances.

          (c)      Any
funds held by the Collateral Agent hereunder need not be segregated from other
funds except to the extent required by law. The Collateral Agent shall be under
no liability for interest on any funds received by it hereunder.

     8.      Resignation.
The Collateral Agent may resign and be discharged of its duties hereunder at any
time by giving written notice of such resignation to the other parties hereto,
stating the date such resignation is to take effect. Within five (5) days of the
giving of such notice, a successor collateral agent shall be appointed by the
Majority in Interest; provided, however, that if the Lenders are
unable so to agree upon a successor within such time period, and notify the
Collateral Agent during such period of the identity of the successor collateral
agent, the successor collateral agent may be a person designated by the
Collateral Agent, and any and all fees of such successor collateral agent shall
be the joint and several obligation of the Lenders. The Collateral Agent shall
continue to serve until the effective date of the resignation or until its
successor accepts the appointment and receives the Collateral held by the
Collateral Agent but shall not be obligated to take any action hereunder. The
Collateral Agent may deposit any Collateral with the Supreme Court of the State
of New York for New York County or any such other court in New York State that
accepts such Collateral.

     9.     
Exculpation. The Collateral Agent and its officers, employees, attorneys
and agents, shall not incur any liability whatsoever for the holding or delivery
of documents or the taking of any other action in accordance with the terms and
provisions of this Agreement, for any mistake or error in judgment, for
compliance with any applicable law or any attachment, order or other directive
of any court or other authority (irrespective of any conflicting term or
provision of this Agreement), or for any act or omission of any other person
engaged by the Collateral Agent in connection with this Agreement, unless
occasioned by the exculpated person’s own gross negligence or willful
misconduct; and each party hereto hereby waives any and all claims and actions
whatsoever against the Collateral Agent and its officers, employees, attorneys
and agents, arising out of or related directly or indirectly to any or all of
the foregoing acts, omissions and circumstances. 

     10.     
Indemnification. The Lenders hereby agree to indemnify, reimburse and
hold harmless the Collateral Agent and its directors, officers, employees,
attorneys and agents, jointly and severally, from and against any and all
claims, liabilities, losses and expenses that may be imposed upon, incurred by,
or asserted against any of them, arising out of or related directly or
indirectly to this Agreement or the Collateral, except such as are occasioned by
the indemnified person’s own gross negligence or willful misconduct.

     11.      Miscellaneous.

          (a)      Rights
and Remedies Not Waived. No act, omission or delay by the Collateral Agent
shall constitute a waiver of the Collateral Agent’s rights and remedies
hereunder or otherwise. No single or partial waiver by the Collateral Agent of
any default hereunder or right or remedy that it may have shall operate as a
waiver of any other default, right or remedy or of the same default, right or
remedy on a future occasion.

          (b)      Governing
Law. This Agreement shall be governed by, and construed in accordance with,
the laws of the State of New York without regard to conflicts of laws that would
result in the application of the substantive laws of another jurisdiction.

4

          (c)      Waiver
of Jury Trial and Setoff; Consent to Jurisdiction; Etc.

               (i)     
In any litigation in any court with respect to, in connection with, or arising
out of this Agreement or any instrument or document delivered pursuant to this
Agreement, or the validity, protection, interpretation, collection or
enforcement hereof or thereof, or any other claim or dispute howsoever arising,
between the Collateral Agent and the Lenders or any Lender, then each Lender, to
the fullest extent it may legally do so, (A) waives the right to interpose any
setoff, recoupment, counterclaim or cross-claim in connection with any such
litigation, irrespective of the nature of such setoff, recoupment, counterclaim
or cross-claim, unless such setoff, recoupment, counterclaim or cross-claim
could not, by reason of any applicable federal or state procedural laws, be
interposed, pleaded or alleged in any other action; and (B) WAIVES TRIAL BY
JURY IN CONNECTION WITH ANY SUCH LITIGATION AND ANY RIGHT IT MAY HAVE TO CLAIM
OR RECOVER IN ANY SUCH LITIGATION ANY SPECIAL, EXEMPLARY, PUNITIVE OR
CONSEQUENTIAL DAMAGES OR ANY DAMAGES OTHER THAN, OR IN ADDITION TO, ACTUAL
DAMAGES. EACH LENDER AGREES THAT THIS SECTION 11(c) IS A SPECIFIC AND MATERIAL
ASPECT OF THIS AGREEMENT AND ACKNOWLEDGE THAT THE COLLATERAL AGENT WOULD NOT
ENTER THIS AGREEMENT IF THIS SECTION 11(c) WERE NOT PART OF THIS
AGREEMENT.

               (ii)     
Each Lender irrevocably consents to the exclusive jurisdiction of any State or
Federal Court located within the County of New York, State of New York, in
connection with any action or proceeding arising out of or relating to this
Agreement or any document or instrument delivered pursuant to this Agreement or
otherwise. Each party hereby irrevocably waives personal service of process and
consents to process being served in any suit, action or proceeding in connection
with this Agreement or any other Transaction Document by mailing a copy thereof
via registered or certified mail or overnight delivery (with evidence of
delivery) to such party at the address in effect for notices to it under this
Agreement and agrees that such service shall constitute good and sufficient
service of process and notice thereof. Nothing contained herein shall be deemed
to limit in any way any right to serve process in any other manner permitted by
law. Each Lender hereby waives, to the fullest extent it may effectively do so,
the defenses of forum non conveniens and improper venue.

          (d)     
Admissibility of this Agreement. Each of the Lenders agrees that any copy
of this Agreement signed by it and transmitted by telecopier for delivery to the
Collateral Agent shall be admissible in evidence as the original itself in any
judicial or administrative proceeding, whether or not the original is in
existence.

          (e)      Address
for Notices. Any notice or other communication under the provisions of this
Agreement shall be given in writing and delivered in person, by reputable
overnight courier or delivery service, by facsimile machine (receipt confirmed)
with a copy sent by first class mail on the date of transmissions, or by
registered or certified mail, return receipt requested, directed to such party’s
addresses set forth below (or to any new address of which any party hereto shall
have informed the others by the giving of notice in the manner provided
herein):

	 	In the case of the Collateral Agent, to: 
	 	  
	 	Collateral Agents, LLC 
	 	111 West 57th Street, Suite 1416
  
	 	New York, NY 10019 
	 	Attn: General Counsel 
	 	Fax: (212) 245-9101 

5

	 	In the case of the Lenders, to: 
	 	  
	 	To the address and telecopier number set forth
      on 
	 	Schedule A hereto. 
	 	  
	 	In the case of Parent and Guarantor, to: 
	 	  
	 	Liberty Star Uranium & Metals Corp. 
	 	3024 E. Fort Lowell Road 
	 	Tucson, Arizona 85716-1572 
	 	Attn: James A. Briscoe, President 
	 	Fax: (520) 844-1118 
	 	  
	 	With a copy by telecopier only to: 
	 	  
	 	Clark Wilson LLP 
	 	800-885 West Georgia Street 
	 	Vancouver, B.C. Canada 
	 	Attn: Bernard Pinsky, Esq. 
	 	Fax: (604) 687-6314 
	 	  
	 	If to Parent, Guarantor, Lender or Collateral
      Agent, 
	 	with a copy by telecopier only to: 
	 	  
	 	Grushko & Mittman, P.C. 
	 	551 Fifth Avenue, Suite 1601 
	 	New York, New York 10176 
	 	Fax: (212) 697-3575 

          (f)      Amendments
and Modification; Additional Lender. No provision hereof shall be modified,
altered, waived or limited except by written instrument expressly referring to
this Agreement and to such provision, and executed by the parties hereto. Any
transferee of a Note who acquires a Note after the date hereof will become a
party hereto by signing the signature page and sending an executed copy of this
Agreement to the Collateral Agent and receiving a signed acknowledgement from
the Collateral Agent.

          (g)     
Fee. Upon the execution of this agreement, Parent will pay the Collateral
Agent a fee of $5,000 for agreeing to act as Collateral Agent hereunder and for
reading and becoming familiar with the Borrower Documents. Upon the occurrence
of an Event of Default, the Lenders collectively shall pay the Collateral Agent
the sum of $10,000 on account, to apply against an hourly fee of $500 to be paid
to the Collateral Agent by the Lenders for services rendered pursuant to this
Agreement. All payments due to the Collateral Agent under this Agreement
including reimbursements must be paid when billed. The Collateral Agent may
refuse to act on behalf of or make a distribution to any Investor who is not
current in payments to the Collateral Agent. Payments required pursuant to this
Agreement shall be pari passu to the Investors’ interests in the Notes.
The Collateral Agent is hereby authorized to deduct any sums due the Collateral
Agent from Collateral in the Collateral Agent’s possession. Parent and
Guarantor agree to promptly reimburse Investors for all payments made by
Investor to Collateral Agent hereunder. Failure to promptly reimburse Investors
is an Event of default under the Notes.

6

          (h)      Counterparts/Execution.
This Agreement may be executed in any number of counterparts and by the
different signatories hereto on separate counterparts, each of which, when so
executed, shall be deemed an original, but all such counterparts shall
constitute but one and the same instrument. This Agreement may be executed by
facsimile signature and delivered by facsimile transmission.

          (i)      Successors
and Assigns. Whenever in this Agreement reference is made to any party, such
reference shall be deemed to include the successors, assigns, heirs and legal
representatives of such party. No party hereto may transfer any rights under
this Agreement, unless the transferee agrees to be bound by, and comply with all
of the terms and provisions of this Agreement, as if an original signatory
hereto on the date hereof.

          (j)     
Captions: Certain Definitions. The captions of the various sections and
paragraphs of this Agreement have been inserted only for the purposes of
convenience; such captions are not a part of this Agreement and shall not be
deemed in any manner to modify, explain, enlarge or restrict any of the
provisions of this Agreement. As used in this Agreement the term “person”
shall mean and include an individual, a partnership, a joint venture, a
corporation, a limited liability company, a trust, an unincorporated
organization and a government or any department or agency thereof.

          (k)      Severability.
In the event that any term or provision of this Agreement shall be finally
determined to be superseded, invalid, illegal or otherwise unenforceable
pursuant to applicable law by an authority having jurisdiction and venue, that
determination shall not impair or otherwise affect the validity, legality or
enforceability (i) by or before that authority of the remaining terms and
provisions of this Agreement, which shall be enforced as if the unenforceable
term or provision were deleted, or (ii) by or before any other authority of any
of the terms and provisions of this Agreement.

          (l)      Entire
Agreement. This Agreement contains the entire agreement of the parties and
supersedes all other agreements and understandings, oral or written, with
respect to the matters contained herein.

          (m)      Schedules.
The Collateral Agent is authorized to annex hereto any schedules referred to
herein.

[THIS SPACE INTENTIONALLY LEFT BLANK]

7

     IN WITNESS WHEREOF, the
parties hereto have caused this Collateral Agent Agreement to be duly executed
as of the date first written above.

	LIBERTY STAR URANIUM
      & METALS CORP. 	 	BIG CHUNK CORP. 
	“Parent” 	 	“Guarantor” 
	 	  	 	 	  
	 	  	 	 	  
	By: 	/s/ James Briscoe	 	By:	 /s/ James Briscoe
	Name: 	                 
    	 	 	Name: 
	Title: 	                   	 	 	Title: 

“LENDERS”

	/sl Konrad Ackerman	 	/s/ Navigator Management Ltd. 
	ALPHA CAPITAL ANSTALT 	 	HARBORVIEW MASTER FUND L.P. 
	  	 	  
	  	 	  
	/s/ Mark
      Nordlicht 	 	/s/
      Eric S. Swartz 
	PLATINUM PARTNERS LONG TERM 	 	BRIDGEPOINTE MASTER FUND, LTD. 
	GROWTH VI 	 	  
	  	 	  
	  	 	  
	/s/ Shaye
      Hirsch 	 	/s/
      Joshua Silvermant 
	BRIO CAPITAL LP 	 	IROQUOIS MASTER FUND LTD. 
	  	 	  
	  	 	  
	/s/ Brendan
      O’Neil 	 	     
	ENABLE GROWTH PARTNERS LP 	 	ENABLE OPPORTUNITY PARTNERS LP

	 	COLLATERAL AGENTS, LLC 
	 	“Collateral Agent” 
	 	  
	 	  
	 	  
	 	/s/
      Robert Schechter  

8

SCHEDULE A TO COLLATERAL AGENT AGREEMENT

	LENDERS 

	INITIAL MAY NOTES
      
PRINCIPAL 
AMOUNT 	NEW NOTES 
PRINCIPAL
      AMOUNT 

	ALPHA CAPITAL ANSTALT 
Pradafant 7 
9490 Furstentums
      
Vaduz, Lichtenstein 
Fax: 011-42-32323196 	$650,000.00 

	$90,830.15 

	HARBORVIEW MASTER FUND L.P. 
Harbor House, 2nd
      Floor 
Waterfront Drive, Road Town 
Tortola, BVI 
Fax:
      (284) 494-4771 	$500,000.00 

	$50,055.88 

	PLATINUM PARTNERS LONG TERM GROWTH VI 
152 West
      57th Street 
New York, NY 10019 
Attn: Mark Nordlicht
      
Fax: (212) 	$750,000.00 

	$61,472.12 

	BRIDGEPOINTE MASTER FUND, LTD. 
1120 Sanctuary
      Parkway-Suite 325 
Alpharetta, GA 30004 
Fax: (770) 777-5844 	$900,000.00 

	$75,874.18 

	BRIO CAPITAL LP 
401 E. 34th St.-Suite South
      33C 
New York, NY 10016 
Fax: (646) 390-2158 	$150,000.00 

	$18,487.31 

	IROQUOIS MASTER FUND LTD. 
c/o Iroquois Capital
      Management, LLC 
641 Lexington Avenue, 26th Floor 
New
      York, NY 10022 
Fax: (212) 207-3452 	$250,000.00 

	$25,027.94 

	ENABLE GROWTH PARTNERS LP 
One Ferry Building, Suite 255
      
San Francisco, CA 94111 
Fax: (415) 677-1580 	$637,500.00 

	$78,571.18 

	ENABLE OPPORTUNITY PARTNERS LP 
One Ferry Building,
      Suite 255 
San Francisco, CA 94111 
Fax: (415) 677-1580 	$112,500.00 

	$13,865.52 

	TOTAL 	  	$414,184.29 

9Filed by sedaredgar.com - Liberty Star Uranium & Metals Corp. - Exhibit 10.7

EXHIBIT G

LOCKUP AGREEMENT

     This AGREEMENT (the "Agreement")
is made as of the 27 day of August, 2008, by James Briscoe ("Holder"), in
connection with his ownership of shares of Liberty Star Uranium & Metals
Corp., a Nevada corporation (the "Company").

     NOW, THEREFORE, for good and
valuable consideration, the sufficiency and receipt of which consideration are
hereby acknowledged, Holder agrees as follows:

     1.     
Background.

          a.     
Holder is the beneficial owner of the amount of shares of the Common Stock,
$.001 par value, of the Company (“Common Stock”) designated on the signature
page hereto.

          b.      Holder
acknowledges that the Company has entered into or will enter into at or about
the date hereof agreements with subscribers each a (“Subscription Agreement”) to
the Company’s Notes which are convertible into Common Stock (“Notes”) (the
“Subscribers”). Holder understands that, as a condition to proceeding with the
Offering, the Subscribers have required, and the Company has agreed to obtain on
behalf of the Subscribers an agreement from the Holder to refrain from selling
any securities of the Company from the date of the Subscription Agreement until
two years after the Closing Date (as defined in the Subscription Agreement) (the
"Restriction Period"), except as described below.

     2.      Share
Restriction.

          a.      Holder
hereby agrees that during the Restriction Period, the Holder will not sell or
otherwise dispose of any shares of Common Stock or any options, warrants or
other rights to purchase shares of Common Stock or any other security of the
Company which Holder owns or has a right to acquire as of the date hereof, other
than in connection with an offer made to all shareholders of the Company in
connection with merger, consolidation or similar transaction involving the
Company. Holder further agrees that the Company is authorized to and the Company
agrees to place "stop orders" on its books to prevent any transfer of shares of
Common Stock or other securities of the Company held by Holder in violation of
this Agreement. The Company agrees not to allow to occur any transaction
inconsistent with this Agreement.

          b.      Any
subsequent issuance to and/or acquisition by Holder of Common Stock or options
or instruments convertible into Common Stock will be subject to the provisions
of this Agreement.

          c.      Notwithstanding
the foregoing restrictions on transfer, the Holder may, at any time and from
time to time during the Restriction Period, transfer the Common Stock (i) as
bona fide gifts or transfers by will or intestacy, (ii) to any trust for the
direct or indirect benefit of the undersigned or the immediate family of the
Holder, provided that any such transfer shall not involve a disposition for
value, (iii) to a partnership which is the general partner of a partnership of
which the Holder is a general partner, provided, that, in the case of any gift
or transfer described in clauses (i), (ii) or (iii), each donee or transferee
agrees in writing to be bound by the terms and conditions contained herein in
the same manner as such terms and conditions apply to the undersigned, or (iv) a
bona fide sale for cash at not less than $0.90 per share of Common Stock (which
price shall be equitably adjusted in connection with stock splits, stock
dividends, and similar events). For purposes hereof, "immediate family" means
any 

- 2 -

relationship by blood, marriage or adoption, not more remote
than first cousin.

     3.      Miscellaneous.

          a.      At
any time, and from time to time, after the signing of this Agreement Holder will
execute such additional instruments and take such action as may be reasonably
requested by the Subscribers to carry out the intent and purposes of this
Agreement.

          b.      This
Agreement shall be governed by and construed in accordance with the laws of the
State of New York without regard to principles of conflicts of laws. Any action
brought by either party against the other concerning the transactions
contemplated by this Agreement shall be brought only in the state courts of New
York or in the federal courts located in the state of New York. The parties to
this Agreement hereby irrevocably waive any objection to jurisdiction and venue
of any action instituted hereunder and shall not assert any defense based on
lack of jurisdiction or venue or based upon forum non conveniens.
The parties executing this Agreement and other agreements referred to herein
or delivered in connection herewith agree to submit to the in personam
jurisdiction of such courts and hereby irrevocably waive trial by jury. The
prevailing party shall be entitled to recover from the other party its
reasonable attorney's fees and costs. In the event that any provision of this
Agreement or any other agreement delivered in connection herewith is invalid or
unenforceable under any applicable statute or rule of law, then such provision
shall be deemed inoperative to the extent that it may conflict therewith and
shall be deemed modified to conform with such statute or rule of law. Any such
provision which may prove invalid or unenforceable under any law shall not
affect the validity or enforceability of any other provision of any
agreement.

          c.      The
restrictions on transfer described in this Agreement are in addition to and
cumulative with any other restrictions on transfer otherwise agreed to by the
Holder or to which the Holder is subject to by applicable law.

          d.      This
Agreement shall be binding upon Holder, its legal representatives, successors
and assigns.

          e.      This
Agreement may be signed and delivered by facsimile and such facsimile signed and
delivered shall be enforceable.

          f.      The
Company agrees not to take any action or allow any act to be taken which would
be inconsistent with this Agreement.

- 3 -

     IN WITNESS WHEREOF, and intending
to be legally bound hereby, Holder has executed this Agreement as of the day and
year first above written.

	 	HOLDER: 
	 	 
	 	/s/ James Briscoe
	 	(Signature of Holder) 
	 	  
	 	James Briscoe
	 	(Print Name of Holder) 
	 	 
	 	8,750,000
	 	Number of Shares of Common Stock 
	 	Beneficially Owned and as more fully 
	 	described below if not in the form of 
	 	shares of Common Stock 
	 	 
	 	COMPANY: 
	 	 
	 	LIBERTY STAR URANIUM & METALS CORP. 
	 	  
	 	By:/s/ James Briscoe

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}]]