PURCHASE AGREEMENT BY AND BETWEEN PAYLETTERHOLDINGS LLC. AS PURCHASER AND NET 1 APPLIED TECHNOLOGIES NETHERLANDS B.V. AS SELLER DATED JANUARY 23, 2020Pledge Agreement • January 27th, 2020 • Net 1 Ueps Technologies Inc • Functions related to depository banking, nec
WHEREAS, the Seller owns 29,910 units, par value KRW 5,000 per unit, of NET 1 Applied Technologies Korea Limited, a limited liability company (yuhan-hoesa in Korean) organized and existing under the laws of Korea with its registered office at 5Fl., 11, Teheran-ro 107-gil, Gangnam-gu, Seoul, Korea (the "Company"), representing 100% of the total equity interest of the Company (the "Ownership Interest"); and
