NET ELEMENT, INC. AMENDED AND RESTATED OPTION TO PURCHASE SHARES OF RESTRICTED COMMON STOCKAmended and Restated Option to Purchase Shares of Restricted Common Stock • October 15th, 2015 • Firer Oleg • 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”).
additional LetTER AgreementLetter Agreement • October 15th, 2015 • Firer Oleg • Services-computer processing & data preparation • Florida
This additional letter agreement is dated as of October 7, 2015. The undersigned intend that (a) the terms of this additional letter agreement will supersede any inconsistent terms and provisions of the Original Letter Agreement and (b) the provisions of this additional letter agreement will be effective as of September 11, 2015, the same date as the “Effective Date” of the original letter agreement. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Original Letter Agreement.
