0001144204-11-005811 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 Music1, LLC, a Florida limited liability company (“Music1”).

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MEMBERSHIP INTEREST PURCHASE AGREEMENT (MUSIC1) BETWEEN ENERFUND, LLC AND NET ELEMENT, INC. DATED AS OF FEBRUARY 1, 2011
Membership Interest • February 3rd, 2011 • Net Element, Inc. • Services-computer processing & data preparation • Florida

This MEMBERSHIP INTEREST PURCHASE AGREEMENT (the “Agreement”) is made and entered into as of the 1ST day of February, 2011, by and among ENERFUND, LLC, a limited liability company organized and existing under the laws of Florida (the “Seller”), and NET ELEMENT, INC., a corporation organized and existing under the laws of Delaware (the “Purachaser”).

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

THIS LICENSE AGREEMENT dated January 31, 2011 (the “Effective Date”) is by and between MUSIC1, LLC, a Florida limited liability company (“Music1”) and STEPHEN STROTHER, an individual residing in the State of Georgia (“Strother”).

MEMBERSHIP INTEREST PURCHASE AGREEMENT (MOTORSPORT) BETWEEN ENERFUND, LLC AND NET ELEMENT, INC. DATED AS OF FEBRUARY 1, 2011
Purchase Agreement • February 3rd, 2011 • Net Element, Inc. • Services-computer processing & data preparation • Florida

This MEMBERSHIP INTEREST PURCHASE AGREEMENT (the “Agreement”) is made and entered into as of the 1ST day of February, 2011, by and among ENERFUND, LLC, a limited liability company organized and existing under the laws of Florida (the “Seller”), and NET ELEMENT, INC., a corporation organized and existing under the laws of Delaware (the “Purachaser”).

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