0001144204-13-046912 Sample Contracts

SETTLEMENT, Separation Agreement and General Release
Settlement Agreement • August 19th, 2013 • Net Element International, Inc. • Services-computer processing & data preparation • Florida

This Settlement, Separation Agreement and General Release (this "Agreement"), upon your signature, will constitute the entire agreement by and between you and Net Element International, Inc., a Delaware corporation and successor by merger to Net Element, Inc. (the "Company"), on the terms of your separation from employment with the Company. For all purposes in this Agreement, the Company shall also include its affiliates, subsidiaries, parents, and their respective present and former shareholders, officers, directors, members, employees, representatives and agents.

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COMMERCIAL LEASE
Commercial Lease • August 19th, 2013 • Net Element International, Inc. • Services-computer processing & data preparation • Florida

THIS LEASE is made and entered into as of May 1, 2013 (the “Effective Date”), by and between BGC LLC, a Florida limited liability company (“Landlord”) and Net Element International, Inc ., a Delaware corporation (“Tenant”) (collectively, the “Parties”).

English translation from the original Russian language document]
Management Services Agreement • August 19th, 2013 • Net Element International, Inc. • Services-computer processing & data preparation

Reference is hereby made to the agreement that VARWOOD HOLDINGS LIMITED, a company organized and existing under the laws of Belize is the indirect owner of twenty (20) percent of the Company (the “Minority Owner”). In addition, it is understood that the Minority Owner, through Mr. Tcahai Hairullaevich Katcaev (“Katcaev”) provides key management and operational services to the Company.

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