MEXORO Minerals Ltd.
880-609 Granville Street
PO Box 10321 Pacific Centre
Vancouver, BC V7Y 1G5
T/F : 1.800.661.7830
F : 1.888.639.4097
www.mexoro.com
August 15, 2006
Mathew C. Wunder
8 Barnes Crescent
Georgetown, ON
L7G 5T5 Canada
RE: MEXORO MINERALS OFFER OF EMPLOYMENT
Dear Mr. Wunder:
It is our pleasure to offer to you employment with out firm in the position of Vice President of Exploration commencing August 15, 2006. The offer is subject to you being able to obtain a work permit in Mexico. The position would entail that you report directly to Mario Ayub, Chief Operating Officer. If you accept this offer of employment, your duties will include management and direction of all mineral exploration projects for Mexoro Minerals as modified from time to time, and such other duties, tasks and work as may be assigned.
Your rate of compensation shall be as follows:
1.
Base salary $120,000 USD per annum, paid on a monthly basis
2.
150,000 stock options at 10% discount to market price on the day of acceptance, vesting over a three year period (25,000 shares semi annually).
3.
50,000 share stock award for all single discoveries b ...
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