English translation from the original Russian language document] AGREEMENT OF PROPERTY RIGHTS PLEDGE No. 00VL3Z001 (Framework)Pledge Agreement • August 23rd, 2012 • Net Element, Inc. • Services-computer processing & data preparation
JOINT STOCK COMPANY "ALFA-BANK" (PSRN 1027700067328) hereinafter referred to as the Pledgee represented by Relationship Deputy Director of the branch “Sankt-Peterburgsky” of OJSC Alfa-Bank, Mr. Sokolov A.G., acting under Power of Attorney No. 5/2046 D of 04.06.2012., on the one hand, and the Limited Liability Company "TOT MONEY" (PSRN 1127746225540), hereinafter referred to as the Pledger, represented by the General Director Katsaev T.H., acting under the Charter, on the other hand, entered into this Agreement (hereinafter referred as the Pledge Agreement) as follows:
English translation from the original Russian language document] CREDIT AGREEMENT Nr. 00VL3L on opening the revolving line of credit in Russian rublesCredit Agreement • August 23rd, 2012 • Net Element, Inc. • Services-computer processing & data preparation
OPEN JOINT STOCK COMPANY "ALFA-BANK" (OGRN (Basic State Registration Number) 1027700067328) hereinafter referred to as the "Creditor", represented by the Deputy Director of Customer Service of the "Saint-Petersburg" branch of OJSC "Alfa-Bank", Mr. Sokolov A.G., acting under the Power of attorney No. 5/2046 Д of 04.06.2012, on the one part, and Limited Liability Company "TOT MONEY" (OGRN (Basic State Registration Number) 1127746225540), hereinafter referred to as "Borrower", represented by the Director General Katsaev Tsakhay Khayrullaevich, acting under the Charter, on the other part, together hereinafter referred to as the "Parties", have concluded this Credit Agreement (the "Agreement") as follows:
