0001193125-12-407870 Sample Contracts

TERMINATION OF SHAREHOLDER RIGHTS AGREEMENT
Termination of Shareholder Rights Agreement • September 28th, 2012 • Net Element, Inc. • Services-computer processing & data preparation • Delaware

This Termination of Shareholder Rights Agreement (this “Agreement”), dated as of September 28, 2012, is made by and among TGR Capital, LLC, a Florida limited liability company (“TGR”), MZ Capital LLC, a Delaware limited liability company (“MZ Delaware”), MZ Capital LLC, a Florida limited liability company (“MZ Florida”), Enerfund, LLC, a Florida limited liability company (“Enerfund”), Mike Zoi (“Zoi”), Mark Global Corporation, a company organized under the laws of the British Virgin Islands (“Mark Global”), Kenges Rakishev (“Rakishev”) and Net Element, Inc., a Delaware corporation (the “Company,” and, together with TGR, MZ Delaware, MZ Florida, Enerfund, Zoi, Mark Global and Rakishev, collectively, the “Parties,” and each a “Party”).

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September 28, 2012
Resignation Letter • September 28th, 2012 • Net Element, Inc. • Services-computer processing & data preparation
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