MOUNTAINS WEST EXPLORATION, INC.
2001 BUTTERFIELD ROAD
DOWNERS GROVE, IL 60515
September 19, 2007
Larry Malone
4455 Kettering Drive
Long Grove, IL 60047
Dear Larry:
It is our pleasure to offer you the position of President and COO of Mountains West Exploration, Inc. The following are the details of our offer:
| 1. | A base salary of $240,000 annually. |
| 2. | You will receive 7% of the total outstanding fully diluted shares in stock options of Mountains West Exploration, Inc. The options will vest over a three year period, 40% upon signing and 20% at the end of each successive year end period. The options will be issued at $.51, which is the trading value as of today, September 19, 2007. |
| 3. | Employee health and dental insurance coverage is provided at the same level as the rest of the company, once insurance coverage is initiated. |
| 4. | You will be eligible to participate in the company sponsored 401K plan when it is implemented. |
Written acceptance will constitute a start date for basis of a strike price of the option grant.
| /s/ Lee Wiskowski | 9/19/2007 | | /s/ Larry Malone | 9/19/2007 |
| Lee Wiskowski | Date | | Larry Malone | Date |
| President | | | | |
