Document:

Exhibit 10.3

 

SECURITY AGREEMENT

 

THIS SECURITY
AGREEMENT (this “Agreement”), dated May 18, 2017, is made and entered into on the terms and conditions hereinafter
set forth, by and between TOT Payments, LLC, a Florida limited liability company (doing business as Unified Payments), TOT New
Edge, LLC, a Florida limited liability company, Process Pink, LLC, a Florida limited liability company, and TOT FBS, LLC, a Florida
limited liability company (collectively, the “Debtor”), and Priority Payment Systems LLC, a Georgia limited liability
company (the “Secured Party”).

 

WITNESSETH:

 

WHEREAS, pursuant
to the terms of that certain Loan Agreement of even date herewith by and between the Debtor and the Secured Party (the “Loan
Agreement”), the Secured Party has agreed to make a loan to the Debtor in the principal amount of $2,000,000.00 (the
“Loan”);

 

WHEREAS, the
Loan is evidenced by a certain Promissory Note of even date herewith, executed by the Debtor and payable to the order of the Secured
Party, (as the same may be renewed, extended, modified, amended, supplemented or replaced from time to time, the “Note”);
and

 

WHEREAS, it is
a condition of the Secured Party’s agreement to extend credit to the Debtor that the Debtor execute and deliver this Agreement;

 

AGREEMENTS:

 

NOW THEREFORE,
as an inducement to cause Secured Party to extend credit to the Debtor, and for other valuable consideration, the receipt and sufficiency
of which are acknowledged, it is agreed as follows:

 

1.          Creation
of Security Interest. As security for the repayment of the indebtedness evidenced by the Note and the payment and performance
of any and all other obligations of Debtor to Secured Party (collectively, the “Obligations”), the Debtor hereby
grants to and creates in favor of the Secured Party a security interest in the following properties, assets and rights of the Debtor,
whether now owned or hereafter acquired or arising, and wherever located (the “Collateral”):

 

(a)          Accounts,

 

(b)          cash
or cash equivalents,

 

(c)          residuals
related to the Merchants, and

 

(d)          any
Proceeds, products, substitutions or replacements for any of the foregoing.

 

All capitalized
terms in this Section 1, which are not otherwise defined in the Loan Agreement, shall have the meanings set forth in the
Uniform Commercial Code (the “UCC”) of the applicable jurisdiction.

 

     

     

    

 

2.          Authorization
to File Financing Statements. The Debtor hereby irrevocably authorizes the Secured Party at any time and from time to time
to file, in any jurisdiction, financing statements (including any amendments thereto) that cover the Collateral contain any other
information required by the UCC, in any relevant jurisdiction, for the sufficiency or filing office acceptance of any initial financing
statement or amendment.

 

3.          Other
Actions Regarding Attachment, Perfection and Priority.

 

(a)          Collateral
in the Possession of a Third Party. If any goods constituting Collateral at any time are in the possession of a third party,
the Debtor shall promptly notify the Secured Party thereof and, if requested by the Secured Party, shall promptly obtain an acknowledgement
from such person, in form and substance satisfactory to the Secured Party, that such person holds such Collateral for the benefit
of the Secured Party and shall act upon the instructions of the Secured Party, without the further consent of the Debtor.

 

(b)          Other
Actions as to Any and All Collateral. The Debtor further agrees to take any other action reasonably requested by the Secured
Party to insure the attachment, perfection and first priority of, and the ability of the Secured Party to enforce, the Secured
Party’s security interest in any and all of the Collateral, including (i) authorizing, executing (to the extent that the
Debtor’s signature is required), delivering and filing financing statements and amendments relating thereto under the UCC,
(ii) complying with any provision of any statute, rule, regulation or treaty of any jurisdiction as to any Collateral if compliance
with such provision is a condition to attachment, perfection or priority of, or ability of the Secured Party to enforce, the Secured
Party’s security interest in such Collateral, (iii) obtaining governmental and other third party consents and approvals,
including without limitation any consent of any licensor, lessor or other person obligated on Collateral, and (iv) taking all actions
required by any earlier versions of the UCC or by other law, as applicable in any relevant jurisdiction.

 

4.          Representations
and Warranties. The Debtor hereby represents and warrants to the Secured Party as follows:

 

(a)          That
the Debtor is a corporation operating in the state of Florida.

 

(b)          The
execution and delivery of this Agreement and the performance and observance of the obligations of the Debtor hereunder are within
the power of the Debtor and have been duly authorized by all necessary action on the part of the Debtor properly taken.

 

(c)          This
Agreement is a legal, valid and binding obligation of the Debtor and is enforceable against the Debtor in accordance with its terms.

 

(d)          The
Debtor is the owner of the Collateral, free from any adverse lien, security interest or other encumbrance except for the security
interest created by this Agreement and the Permitted Liens.

 

    	 	2	 

     

    

 

5.          Covenants
and Agreements. The Debtor hereby covenants and agrees with the Secured Party as follows:

 

(a)          The
Debtor will pay, or cause to be paid, to the Secured Party (taking into account any applicable grace periods) the Obligations as
and when the same shall be due and payable, whether at maturity, by acceleration or otherwise, and will promptly perform all of
the Debtor’s obligations under this Agreement, the Note and the other Loan Documents.

 

(b)          Without
providing at least thirty (30) days’ prior written notice to the Secured Party, the Debtor will not change the state of his
principal residence.

 

(c)          Except
for the security interest herein granted and any Permitted Liens, the Debtor shall be the owner of the Collateral free from any
lien, security interest or other encumbrance, and the Debtor shall defend the same against all claims and demands of all persons
at any time claiming the same or any interests therein adverse to the Secured Party, except holders of any Permitted Liens.

 

(d)          The
Debtor shall not (i) create, grant or suffer to exist any lien or other encumbrance on or security interest in the Collateral in
favor of any person other than the Secured Party and any holders of Permitted Liens, (ii) permit any of the Collateral to be levied
upon under any legal process, except to the extent such event could not reasonably be expected to have a Material Adverse Effect,
(iii) permit anything to be done that may impair the security intended to be afforded by this Agreement, nor (iv) permit any tangible
Collateral to become attached to or commingled with other goods without the prior written consent of the Secured Party.

 

(e)          The
Debtor will keep the Collateral in good order and repair, will not permit anything to be done that may materially impair the value
of the Collateral and will not use the same in violation of law or any policy of insurance thereon.

 

(f)          Except
in the ordinary course of business, Borrower shall not sell, transfer, lease or otherwise dispose of all or any material part of
the Collateral.

 

6.          Notification
to Account Debtors and Other Persons Obligated on Collateral. Debtor, at the request of the Secured Party, shall notify account
debtors and other persons obligated on any of the Collateral of the security interest of the Secured Party and that payments in
respect thereof are to be made directly to the Secured Party or to any financial institution designated by the Secured Party as
the Secured Party’s agent therefor, and the Secured Party may itself, if an Event of Default has occurred and is continuing,
without notice to or demand upon the Debtor, so notify account debtors and other persons obligated on Collateral. After the making
of such a request or the giving of any such notification, the Debtor shall hold any proceeds of collection of the Collateral and
other Collateral received by the Debtor as trustee for the Secured Party without commingling the same with other funds of the Debtor
and shall turn the same over to the Secured Party in the identical form received, together with any necessary endorsements or assignments,
for deposit in a special bank account maintained by the Secured Party over which the Secured Party alone has power of withdrawal.
In addition, if requested by the Secured Party, the Debtor will immediately notify all account debtors and other persons obligated
in respect of Collateral to direct payments to the Secured Party. The Secured Party shall apply the proceeds of collection of the
Collateral and other Collateral received by the Secured Party to the Obligations, such proceeds to be applied promptly after final
payment in cash or other immediately available funds of the items giving rise to them.

 

    	 	3	 

     

    

 

7.          Default
and Remedies.

 

(a)          The
occurrence of a default or an event of default under the Loan Agreement shall constitute an Event of Default under this Agreement
(each an “Event of Default”).

 

(b)          Upon
the occurrence and during the continuance of an Event of Default, the Secured Party may proceed to:

 

(1)         take
possession of the Collateral, and for that purpose the Secured Party may, so far as the Debtor can give authority therefor, enter
upon any premises on which the Collateral may be situated and remove the same therefrom,

 

(2)         collect
and receive any and all amounts payable or distributable in respect of the Collateral and hold the same as additional Collateral
or apply the same to the Obligations,

 

(3)         dispose
of all or any part of the Collateral by public or private sale, in such manner and order as the Secured Party shall determine,
subject to and in accordance with applicable requirements of the UCC or other applicable law, and

 

(4)         exercise
any and all other rights, powers, privileges, options and remedies provided by the UCC or other applicable law, as well as all
other rights and remedies possessed by the Secured Party pursuant to the Loan Documents.

 

(c)          Upon
the occurrence and during the continuance of an Event of Default and upon demand by the Secured Party, the Debtor shall assemble
the Collateral and make it available to the Secured Party at a place designated by the Secured Party that is reasonably convenient
to the Secured Party and the Debtor.

 

(d)          Any
notice of sale, lease or other intended disposition of the Collateral by the Secured Party sent to the Debtor at least ten (10)
days prior to such action, shall constitute reasonable notice to the Debtor.

 

(e)          Subject
to any applicable provisions of the UCC, the proceeds of the exercise of the Secured Party’s remedies hereunder shall be
applied to the Obligations in such order of priority as the Secured Party shall determine.

 

    	 	4	 

     

    

 

(f)          The
Secured Party may waive any default or Event of Default before or after the same has been declared without impairing its right
to declare a subsequent default or Event of Default hereunder, this right being a continuing one. The Secured Party shall not be
deemed to have waived any of its rights upon or under any of the Obligations or Collateral unless such waiver shall be in a record
authenticated by a duly authorized representative of the Secured Party.

 

8.          Notices.
Any and all notices or other communications permitted or required to be made under this Agreement shall be in writing and shall
be delivered personally or sent by facsimile transmission, mail or nationally recognized courier service (such as Federal Express)
using the intended recipient’s address set forth below, or such other address as may have been supplied in writing by the
intended recipient and of which receipt has been acknowledged in writing. Unless otherwise expressly provided herein, notices or
other communications shall be deemed to have been duly given or made (a) upon personal delivery, (b) when sent by facsimile (confirmation
of receipt received), (c) on the third (3rd) day after the date of mailing, or (d) on the
day after the date of delivery to such courier service, as the case may be. Rejection, refusal to accept or inability to deliver
because of a changed address of which no notice was given shall not affect the validity of any notice or other communication given
in accordance with the provisions of this Agreement. For purposes of this Agreement:

 

The address of the Debtor is:

 

Oleg Firer

TOT Payments, LLC

3363 NE 163rd St,
Suite 705

N Miami Beach, FL 33160

 

The address of the Secured Party is:

 

Priority Payment Systems LLC

2001 Westside Parkway
Suite 155

Alpharetta, Georgia 30004

ATTN: General Counsel

 

9.          Governing
Law; Consent to Jurisdiction. This Agreement shall be governed by and construed according to the laws of the State of Georgia.
The Debtor agrees that any suit for the enforcement of this Agreement may be brought in the courts of the State of Georgia or any
federal court sitting therein, and consents to the non-exclusive jurisdiction of each such court and to service of process in any
such suit being made upon the Debtor by mail at the address specified herein. The Debtor hereby waives any objection that it may
now or hereafter have to the venue of any such suit or any such court or that such suit is brought in an inconvenient court.

 

    	 	5	 

     

    

 

10.         Successors
& Assigns. This Agreement binds and inures to the benefit of the parties and their respective successors, successors-in-title
and assigns, as applicable.

 

11.         Definitions.
All capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed thereto in the Loan Agreement.

 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 

    	 	6	 

     

    

 

IN WITNESS
WHEREOF, the Debtor and the Secured Party have caused this Agreement to be executed by their respective duly authorized officers
or other duly authorized representatives as of the day and year first above written.

 

	 	DEBTOR:
	 	 
	 	TOT Payments, LLC
	 	 	 
	 	By:  	/s/ Oleg Firer
	 	 	 
	 	Name: 	Oleg Firer
	 	 	 
	 	Title: 	CEO
	 	 
	 	TOT New Edge, LLC
	 	 	 
	 	By:  	/s/ Oleg Firer
	 	 	 
	 	Name: 	Oleg Firer
	 	 	 
	 	Title: 	CEO
	 	 
	 	Process Pink, LLC
	 	 	 
	 	By:  	/s/ Oleg Firer
	 	 	 
	 	Name: 	Oleg Firer
	 	 	 
	 	Title: 	CEO
	 	 
	 	TOT FBS, LLC
	 	 	 
	 	By:  	/s/ Oleg Firer
	 	 	 
	 	Name: 	Oleg Firer
	 	 	 
	 	Title: 	CEO
	 	 
	 	SECURED PARTY:
	 	 
	 	Priority Payment Systems LLC
	 	 	 
	 	By:  	/s/ John V. Priore
	 	 	 
	 	Name:  	John V. Priore
	 	 	 
	 	Title:  	President & CEOExhibit 10.4

 

 

Corporate Guaranty

 

For good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, and as an inducement to Priority Payment Systems LLC (“Priority”) to engage in a
funding transaction with TOT Payments, LLC, a Florida limited liability company (doing business as
Unified Payments), TOT New Edge, LLC, a Florida limited liability company, Process Pink, LLC, a Florida limited liability company,
and TOT FBS, LLC, a Florida limited liability company (collectively, the “Borrower”), the undersigned, Net Element,
Inc. (the "Guarantor"), unconditionally guarantees to Priority the full and prompt payment of each and every present
and future liability, debt and obligation of Borrower under the Loan Agreement, Security Agreement, Promissory Note, Note Schedule,
and other related documents (hereinafter “Loan Documents”) pertaining to such funding transaction, as at any time amended,
supplemented, renewed or modified (the “Guaranteed Obligations”).

 

The Guarantor hereby waives: notice of acceptance of this Guaranty;
notice of the creation of any Guaranteed Obligation to which it may apply, and waives presentment, demand of payment, protest,
notice of dishonor or nonpayment of any such liability, suit or taking of other action by Priority; notice of any adverse change
in Client’s financial condition or of any other fact which might increase Guarantor’s risk; any and all rights Guarantor
has or may have under O.C.G.A. § 10-7-24, et. seq.; and any right Guarantor may have, by statute or otherwise, to require
Priority to institute suit against Borrower after notice or demand from Guarantor or to seek recourse first against Borrower or
otherwise, or to realize upon any security for the Guaranteed Obligations, as a condition to enforcing Guarantor’s liability
and obligations hereunder.

 

Priority may at any time and from time to time, upon written notice
to the Guarantor, without impairing or releasing the obligations of Guarantor hereunder: (i) change the manner, place or terms
of the payment of, and/or change or extend the time of payment of, the Guaranteed Obligations or any interest payable thereon,
and the guaranty herein made shall apply to the Guaranteed Obligations as so changed or extended; (ii) exercise or refrain from
exercising any rights against Borrower or others or otherwise act or refrain from acting; (iii) consent to or waive any breach
of, or any act, omission or default under, the Agreement, or otherwise amend, modify, renew or supplement the Agreement; and (iv)
release, impair or waive the benefits of any security for any of the Guaranteed Obligations or any other party liable thereon –
so long as any or all of these actions are contemplated and permissible pursuant to the Agreement.

 

     

     

    

 

The obligations of Guarantor under this Guaranty are absolute and
unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated
or otherwise affected by, any circumstance or occurrence whatsoever, including without limitation: (i) any action or inaction by
Priority as contemplated in the preceding paragraph; or (ii) any invalidity, irregularity or unenforceability of all or any part
of the Guaranteed Obligations. This Guaranty is a primary obligation of the Guarantor. Priority shall not have any obligation whatsoever
to seek payment from Borrower under this Guaranty. This Guaranty shall be in addition to any other present or future guaranty or
other security for the payment, performance and satisfaction of the Guaranteed Obligations, shall not be prejudiced or unenforceable
by the invalidity of any such other guaranty or security, and is not conditioned upon or subject to the execution by any other
Person or this Guaranty or any other guaranty or suretyship agreement.

 

If Borrower should fail to pay any of the Guaranteed Obligations
on the due date thereof (whether due on demand, at stated maturity, upon acceleration or otherwise) or any other Event of Default
(as such term is defined in the Agreement) shall occur or exist, or if Borrower should dissolve or become insolvent, or if Guarantor
should die, or if a petition for an order for relief with respect to Borrower should be filed by or against Borrower under any
chapter of the Bankruptcy Code (as such term is defined in the Agreement), or if a receiver, trustee or conservator should be appointed
for Borrower or Guarantor or any of Client’s or Guarantor’s property, or if Borrower should default in the observance
or performance of any covenant or agreement with Priority as set forth in the Loan Documents and such default shall not be cured
within the cure period set forth in the Loan Documents or a period mutually agreed upon in writing by Borrower and Priority, then,
in any such event and whether or not the Guaranteed Obligations pertaining to the Loan Documents are then due and payable or the
maturity thereof has been accelerated or demand for payment from or performance by Borrower has been made, Priority may upon 7
days written notice to Guarantor make any or all of the default related Guaranteed Obligations immediately due and payable hereunder
as to Guarantor and Priority shall be entitled to enforce the Guaranteed Obligations of Guarantor hereunder. Nothing herein shall
be construed to authorize Priority to charge or to collect from Guarantor interest that has not yet accrued, is unearned or subject
to rebate or is otherwise not entitled to be collected by Priority under applicable law.

 

Guarantor consents and agrees that, upon written notice to or by
Guarantor and without affecting or impairing the liability or obligations of Guarantor hereunder, Priority may: compromise or settle,
extend the period of duration or the time for the payment or discharge or performance of any of the Guaranteed Obligations; refuse
to enforce or release all or any parties to any or all of the Guaranteed Obligations; increase, decrease or otherwise alter the
rate of interest payable with respect to the principal amount owing under the Agreement pursuant to the terms of the Loan Documents
or grant other indulgences to Borrower in respect thereof; amend or modify in any manner, or terminate or release, any documents
or agreements evidencing, securing or otherwise relating to the Guarantee Obligations (other than this Guaranty); release, surrender,
exchange, modify or impair any and all collateral, deposits or other property at any time securing any of the Guaranteed Obligations
or on which Priority at any time may have a lien; extend the time of payment of any collateral consisting of accounts, notes, chattel
paper or other rights to the payment of money; refuse to enforce its rights, or make any compromise or settlement or agreement
therefor, in respect of any and all of such collateral, deposits and property, or with any party to the Indebtedness, or with any
other Person (as such term is defined in the Agreement) whatsoever; release or substitute any one or more of the endorsers or guarantors
of the Guaranteed Obligations, whether parties to this instrument or not; or exchange, enforce, waive or release any security for
any guaranty of the Guaranteed Obligations.

 

     

     

    

 

Guarantor consents and agrees, that Priority shall be under no obligation
to marshall any assets in favor of Guarantor or in payment of any or all of the Guaranteed Obligations. Guarantor further agrees
that, if and to the extent Priority receive any payment on account of any of the Guaranteed Obligations (whether from Client, Guarantor
or a third party obligor or from the sale or other disposition of any collateral) and such payment or any part thereof is subsequently
invalidated, declared to be fraudulent or preferential, set aside or required to be repaid to a trustee, receiver or any other
party under any bankruptcy act, state or federal law, common law or equitable cause, then the part of the Guaranteed Obligations
intended to be satisfied shall be revived and continued in full force and effect as if said payment had not been made. The foregoing
provisions of this paragraph shall survive the termination or revocation of this Guaranty.

 

This Guaranty is a continuing one and all liabilities to which it
applies or may apply under the terms hereof shall be conclusively presumed to have been created in reliance thereon. No failure
or delay on the part of Priority in exercising any right, power or privilege hereunder and no course of dealing between the Guarantor,
Priority or Borrower shall operate as a waiver thereof; nor shall any single or partial exercise of any right, power or privilege
hereunder preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The rights, powers
and remedies herein expressly provided are cumulative and not exclusive of any rights, powers or remedies which Priority would
otherwise have: No notice to or demand on the Guarantor in any case shall entitle the Guarantor to any other further notice or
demand in a similar or other circumstances or constitute a waiver of the rights of Priority to any other or further action in any
circumstances without notice or demand

 

This Guaranty may not be terminated by Guarantor and shall terminate
upon the full payment and satisfaction of all of the Guaranteed Obligations.

 

This Guaranty shall be binding upon the Guarantor and its successors
and assigns and inure to the benefit of Priority and its successors and assigns.

 

This Guaranty constitutes the entire agreement between the parties
hereto with respect to the matters specifically addressed herein and supersedes any prior guaranty between the parties regarding
such matters. This Guaranty shall not be modified or altered except by a written instrument executed by Guarantor and Priority.

 

This Guaranty shall be governed by the laws of the state of Georgia
(exclusive of the choice of law rules thereof). Guarantor hereby consents to the jurisdiction of the state and federal courts in
the state of Georgia in any dispute arising from or in connection with this Guaranty. Guarantor further agrees that service of
process may be made, in addition to any other method permitted by law, by certified mail, return receipt requested.

 

THE GUARANTOR HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES
THE RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED ON, OR ARISING OUT OF, UNDER OR IN CONNECTION WITH
THIS GUARANTY, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER VERBAL OR WRITTEN) OR ACTIONS OF GUARANTOR, BORROWER
OR PRIORITY. THIS PROVISION IS A MATERIAL INDUCEMENT TO PRIORITY TO ENTER IN THE AGREEMENT.

 

     

     

    

 

In the event that Guarantor shall have any right under applicable
law to terminate or revoke this Guaranty, which right cannot be waived by Guarantor, Guarantor agrees that such termination or
revocation shall not be effective until a written notice of such termination or revocation, specifically referring to this Guaranty
and signed by Guarantor, is actually received by an officer of Priority who is familiar with Client’s account with Priority
and this Guaranty; but any such termination or revocation shall not affect the right and power of Priority to enforce rights arising,
incurred or contracted for prior to Priority’ receipt of such written notice of termination or revocation.

 

UNTIL EACH OF THE GUARANTEED OBLIGATIONS HAS BEEN SATISFIED IN FULL,
GUARANTOR SHALL HAVE NO CLAIM, RIGHT OR REMEDY (WHETHER OR NOT ARISING IN EQUITY, BY CONTRACT OR APPLICABLE LAW) AGAINST BORROWER
OR ANY OTHER PERSON BY REASON OF GUARANTOR’S PAYMENT OR OTHER PERFORMANCE HEREUNDER. WITHOUT LIMITING THE GENERALITY OF THE
FOREGOING, GUARANTOR HEREBY WAIVES AND RENOUNCES ANY AND ALL LEGAL OR EQUITABLE RIGHTS OR CLAIMS THAT GUARANTOR MAY HAVE TO REIMBURSEMENT,
SUBROGATION, INDEMNITY AND EXONERATION AND AGREES THAT GUARANTOR SHALL HAVE NO RECOURSE TO ANY ASSETS OR PROPERTY OF BORROWER (INCLUDING
ANY ASSETS SECURING ANY OF THE GUARANTEED OBLIGATIONS) AND NO RIGHT OF RECOURSE AGAINST OR CONTRIBUTION FROM ANY OTHER PERSON IN
ANY WAY DIRECTLY OR CONTINGENTLY LIABLE FOR ANY OF THE INDEBTEDNESS, WHETHER ANY OF SUCH RIGHTS ARISE UNDER CONTRACT, IN EQUITY
OR UNDER APPLICABLE LAW.

 

If any provision of this Guaranty shall be held to be invalid or
unenforceable in whole or in part, then the invalidity or unenforceability of such provision shall not by held to invalidate any
other provision contained herein and all such other provisions shall remain in full force and effect.

 

Guarantor agrees to pay all expenses incurred by Priority in connection
with enforcement of Priority’ rights under this Guaranty, including, but not limited to, court costs, collection charges
and reasonable attorneys’ fees and disbursements.

 

	Date: 	May 17, 2017	 

 

	Witness: 	/s/ Jessica Saldana	 	Guarantor: NET ELEMENT, INC.

 

	Print Name: 	Jessica Saldana	 

 

	 	 	 	/s/ Oleg Firer
	Address: 	3363 NE 163rd Street	 	By: Oleg Firer
	North Miami Beach, FL 33160	 	Title: CEO

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