0001144204-11-005621 Sample Contracts

LOAN AGREEMENT
Loan Agreement • February 3rd, 2011 • Net Element, Inc. • Services-computer processing & data preparation • Florida

THIS LOAN AGREEMENT (the “Agreement”) is made and entered into this 31st day of January, 2011 (the “Effective Date”), by and between Enerfund, LLC, a Florida limited liability company (“Enerfund”), and Motorsport, LLC, a Florida limited liability company (“Motorsport”).

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SUBSCRIPTION AGREEMENT BETWEEN NET ELEMENT, INC. AND ENERFUND, LLC
Subscription Agreement • February 3rd, 2011 • Net Element, Inc. • Services-computer processing & data preparation • Florida

THIS SUBSCRIPTION AGREEMENT (this “Agreement”) is made and entered into as of this 31st day of December 2010, by and between NET ELEMENT, INC., a corporation organized and existing under the laws of the State of Delaware (the “Company”), and ENERFUND, LLC, a Florida limited liability company (the “Investor”).

Contract
Loan Agreement • February 3rd, 2011 • Net Element, Inc. • Services-computer processing & data preparation • Florida

THIS LOAN AGREEMENT (the “Agreement”) is made and entered into this 10th day of December 2010 (the “Effective Date”), by and between Enerfund, LLC (“Enerfund”) a Florida limited liability company, and Openfilm LLC, a Florida limited liability company (“Openfilm”).

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