NET ELEMENT, INC. LETTERHEAD]Binding Offer Letter and Term Sheet • May 16th, 2011 • Net Element, Inc. • Services-computer processing & data preparation
This offer letter (including the attached Term Sheet) is valid for three (3) days from date written above (the “Effective Date”) and when countersigned shall create a binding obligation on behalf of the signatories, provided, however, that the Buyer is able to conduct adequate and satisfactory financial, legal and technical due diligence on vDream, Inc.
GURU JOINT VENTURE AGREEMENTJoint Venture Agreement • May 16th, 2011 • Net Element, Inc. • Services-computer processing & data preparation • Florida
THIS GURU JOINT VENTURE AGREEMENT(this “Agreement”) by and between NET ELEMENT, INC., a Delaware corporation, with a principal office at 1450 South Miami Avenue, Miami, Florida 33130 (“Net Element”) and CURTIS WOLFE, a licensed attorney and resident of the State of Florida (the “Guru”) is effective this 29th day of March 2011 (the “Effective Date”). Net Element and the Guru are referred to collectively as the Parties and individually as a Party.
