0001144204-14-069779 Sample Contracts

ADDITIONAL AGREEMENT ON FACTORING SERVICES UNDER “FINANCE” PROGRAM to General Agreement on General Conditions of Factoring Services under “Liquidity” Program No. 09969-НР as of November 5, 2014
Additional Agreement • November 19th, 2014 • Net Element, Inc. • Services-computer processing & data preparation

Open Joint-Stock Company “Bank Otkritie Financial Corporation”, hereinafter referred to as the “Financial Agent”, represented by the Deputy Director of the Factoring Transactions Department, Smirnova Zoya Vladimirovna, acting by power of attorney No. 01/338 issued as of July 22, 2014, on the one part, and TOT MONEY Limited Liability Company, hereinafter referred to as the “Customer”, represented by the General Director, Sbitneva Elena Igorevna, acting on the basis of the Articles of Association, on the other part, hereinafter collectively referred to as the “Parties”, and individually – the “Party”, have entered into this Additional Agreement on Factoring Services under “Finance” Program (hereinafter – the “Additional Agreement”) to General Agreement on General Conditions of Factoring Services under “Liquidity” Program No. 09969-НР as of October 13, 2014 (hereinafter – the agreement) as follows:

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GENERAL AGREEMENT No. 09969-НР on General Conditions of Factoring Services under “Liquidity” Program
General Agreement • November 19th, 2014 • Net Element, Inc. • Services-computer processing & data preparation

Open Joint-Stock Company “Bank Otkritie Financial Corporation”, hereinafter referred to as the “Financial Agent”, represented by the Deputy Director of the Factoring Transactions Department, Smirnova Zoya Vladimirovna, acting by power of attorney No. 01/338 issued as of July 22, 2014, on the one part, and TOT MONEY Limited Liability Company, hereinafter referred to as the “Customer”, represented by the General Director, Sbitneva Elena Igorevna, acting on the basis of the Articles of Association, on the other part, hereinafter collectively referred to as the “Parties”, and individually – the “Party”, have entered into this General Contract (hereinafter – the “Agreement”) as follows:

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