0001144204-15-055786 Sample Contracts

NET ELEMENT, INC. OPTION TO PURCHASE SHARES OF RESTRICTED COMMON STOCK
Firer Oleg • September 22nd, 2015 • Services-computer processing & data preparation • Delaware

This option to purchase shares of restricted common stock of the Company is issued as part of a series of similar options (collectively, the “Options”) issued pursuant to the terms of that certain Letter Agreement, dated as of September 11, 2015, by and among the Company, the Investor and certain other parties thereto (the “Purchase Agreement”). Pursuant to the Purchase Agreement, the Company is concurrently selling and issuing to Investor certain shares of the Company’s common stock and this option to purchase shares of restricted common stock of the Company (this “Option”).

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JOINT FILING AGREEMENT
Joint Filing Agreement • September 22nd, 2015 • Firer Oleg • Services-computer processing & data preparation

The undersigned acknowledge and agree that the foregoing statement on Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D may be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

LetTER Agreement
Letter Agreement • September 22nd, 2015 • Firer Oleg • Services-computer processing & data preparation • Florida
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