GUARANTYGuaranty • May 27th, 2015 • Net Element, Inc. • Services-computer processing & data preparation • New York
THIS GUARANTY is made effective as of May 20, 2015, by Lacerta Management Ltd, a company registered and existing in accordance with the laws of the Seychelles (the “Guarantor”), in favor of ТOT Group Russia LLC, a limited liability company organized and existing under the laws of the Russian Federation and TOT Group Europe Ltd., a company organized and existing under the laws of England and Wales (each individually, a “Purchaser” and, collectively, the "Purchasers").
ACQUISITION AGREEMENT BY AND AMONG MAGLENTA ENTERPRISES INC., CHAMPFREMONT HOLDING LTD AS SELLERS, POLIMORE CAPITAL LIMITED, BROSWORD HOLDING LIMITED AND OTHER COMPANIES LISTED IN EXHIBIT B HERETO AS TARGET COMPANIES, AND TOT GROUP RUSSIA, LLC and TOT...Acquisition Agreement • May 27th, 2015 • Net Element, Inc. • Services-computer processing & data preparation • New York
SELLERS' REPRESENTATIVE Althaus Legal LLC, Registered address: 2b Otradnaya street, building 1, 127273, Moscow, Russia, Main State Registration Number: 1147746971877
ESCROW AGREEMENTEscrow Agreement • May 27th, 2015 • Net Element, Inc. • Services-computer processing & data preparation • New York
THIS ESCROW AGREEMENT (this “Escrow Agreement”), dated May 20, 2015 (the “Effective Date”), is by and among Maglenta Enterpises Inc., a company incorporated and existing in the Republic of Seychelles (“Maglenta”), Champfremont Holding Ltd., a company incorporated and existing in the Republic of Seychelles (“CHL”) (each of the foregoing individually, a “Seller” and, collectively, “Sellers”), ТOT Group Russia LLC, a limited liability company organized and existing under the laws of the Russian Federation, and/or its assignee, and TOT Group Europe Ltd., a company organized and existing under the laws of England and Wales, and/or its assignee (each of the foregoing individually, a “Purchaser” and, collectively, the "Purchasers") and Reznick Law, PLLC, with an address at 900 Third Avenue, 17th Floor, New York, New York 10022 (the “Escrow Agent”).
GUARANTYGuaranty • May 27th, 2015 • Net Element, Inc. • Services-computer processing & data preparation • New York
THIS GUARANTY (this “Guaranty”), made as of this 20th day of March, 2015, by Net Element Inc., a Delaware corporation (the “Guarantor”), to Maglenta Enterprises Inc., a company incorporated and existing in the Cayman Islands, Champfremont Holding Ltd., a company incorporated and existing in the Republic of Seychelles (each individually, a “Seller” and, collectively, the “Sellers”).
