NET ELEMENT, INC. LETTERHEAD]Binding Offer Letter and Term Sheet • May 16th, 2011 • Net Element, Inc. • Services-computer processing & data preparation
This offer letter (including the attached Term Sheet) is valid for three (3) days from date written above (the “Effective Date”) and when countersigned shall create a binding obligation on behalf of the signatories, provided, however, that the Buyer is able to conduct adequate and satisfactory financial, legal and technical due diligence on vDream, Inc.
