0000932440-07-000658 Sample Contracts

CONVERSION AGREEMENT
Conversion Agreement • November 9th, 2007 • Mountains West Exploration Inc • Crude petroleum & natural gas • Illinois

This Conversion Agreement (this “Agreement”) is made this 5th day of November 2007, between Mountains West Exploration, Inc., a New Mexico corporation (the “Corporation”), and each of the other signatories hereto, (each a “Note Holder” and collectively, the “Note Holders”).

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CONVERSION AGREEMENT
Conversion Agreement • November 9th, 2007 • Mountains West Exploration Inc • Crude petroleum & natural gas • Illinois

This Conversion Agreement (this "Agreement") is made this 5th day of November 2007, between Mountains West Exploration, Inc., a New Mexico corporation (the “Corporation”), and each of the other signatories hereto, (each a “Note Holder” and collectively, the “Note Holders”).

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