On November 26, 2012, Net Element International, Inc. (the "Company") entered into a Loan Agreement with Infratont Equities Inc. ("Infratont"). Pursuant to the Loan Agreement, the Company agreed to loan to Infratont $1,791,475. The loan must be funded within five business days from November 26, 2012, and is secured by Infratont's accounts receivables. Pursuant to the Loan Agreement, the loan matures on November 15, 2013 and accrues interest at a rate of 1.75% per month. The interest accrued on the loan under the Loan Agreement is payable quarterly commencing in March 2013. The loan may be pre-paid at any time without penalty or charge. Under the Loan Agreement, the maturity date of the loan may be accelerated if an event of default occurs under the terms of the Loan Agreement, including if certain bankruptcy, receiver, insolvency or dissolution events occur with respect to Infratont or if Infratont fails to timely pay principal and/or interest under the Loan Agreement and such failure continues for 60 business days from the date of receipt of written notice of such failure from the Company.

(d) Exhibits.

Exhibit No.      Description
10.1             Loan Agreement, dated November 26, 2012, between Net Element
                 International, Inc. and Infratont Equities Inc.