0001193125-15-321525 Sample Contracts

NET ELEMENT, INC. OPTION TO PURCHASE SHARES OF RESTRICTED COMMON STOCK
Option Agreement • September 16th, 2015 • Rakishev Kenges • 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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LETTER AGREEMENT
Equity Investment Agreement • September 16th, 2015 • Rakishev Kenges • Services-computer processing & data preparation • Florida
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