Candlewood Special Situations Master Fund, Ltd. CWD OC 522 Master Fund, Ltd. Flagler Master Fund SPC Ltd., acting for and on behalf of the Class A Segregated Portfolio c/o Candlewood Investment Group, LP Rye, NY 10580 December 1, 2015Settlement Agreement • December 2nd, 2015 • Net Element, Inc. • Services-computer processing & data preparation • New York
Contract Type FiledDecember 2nd, 2015 Company Industry JurisdictionThis agreement (this "Amendment Agreement") hereby amends that certain letter agreement (the "Settlement Agreement"), dated as of August 4, 2015 by and among each of the undersigned and Net Element, Inc., a Delaware corporation, with offices located at 363 NE 163rd Street, Suite 705, North Miami Beach, FL 33160 (the "Company"). Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to them in the Settlement Agreement.
Tenor Special Situations Fund, L.P. Tenor Opportunity Master Fund, Ltd. c/o Tenor Capital Management, LP New York, NY 10036 December 1, 2015Settlement Agreement • December 2nd, 2015 • Net Element, Inc. • Services-computer processing & data preparation • New York
Contract Type FiledDecember 2nd, 2015 Company Industry JurisdictionThis agreement (this "Amendment Agreement") hereby amends that certain letter agreement (the "Settlement Agreement"), dated as of August 4, 2015 by and among each of the undersigned and Net Element, Inc., a Delaware corporation, with offices located at 363 NE 163rd Street, Suite 705, North Miami Beach, FL 33160 (the "Company"). Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to them in the Settlement Agreement.