LOAN AGREEMENTLoan Agreement • July 10th, 2012 • Net Element, Inc. • Services-computer processing & data preparation
THIS LOAN AGREEMENT (the "Agreement") is made and entered into this 04 day of July 2012 (the "Effective Date"), by and between OOO «Sаt-Moscow», represented by General director Mametov Anvar Ilshatovich, acting pursuant to the Articles of Organization of OOO «Sаt-Moscow», (“Lender”) and OOO Net Element Russia, represented by General director Trofimov Vladimir Ivanovich acting pursuant to the Charter (“Borrower”).
