SUBSCRIPTION AGREEMENTSubscription Agreement • February 6th, 2012 • Net Element, Inc. • Services-computer processing & data preparation • Florida
Contract Type FiledFebruary 6th, 2012 Company Industry JurisdictionTHIS SUBSCRIPTION AGREEMENT (the “Agreement”) is made and entered into as of this __ day of December 2011 (the “Effective Date”), by and between NET ELEMENT, INC., a corporation organized and existing under the laws of the State of Delaware (the “Company”), and FELIX VULIS, an individual residing in the United Kingdom (the “Investor” each, a “Party” and together, the “Parties”).