Document:

Exhibit 10.1

 

[English translation
from the original Russian language document]

 

CREDIT AGREEMENT
Nr. 00VL3L

on opening the
revolving line of credit

in Russian rubles

 

	             St. Petersburg city	"17" August 2012

 

OPEN JOINT STOCK
COMPANY "ALFA-BANK" (OGRN (Basic State Registration Number) 1027700067328) hereinafter referred to as the "Creditor",
represented by the Deputy Director of Customer Service of the "Saint-Petersburg" branch of OJSC "Alfa-Bank",
Mr. Sokolov A.G., acting under the Power of attorney No. 5/2046 Д of 04.06.2012, on the one part, and Limited Liability
Company "TOT MONEY" (OGRN (Basic State Registration Number) 1127746225540), hereinafter referred to as "Borrower",
represented by the Director General Katsaev Tsakhay Khayrullaevich, acting under the Charter, on the other part, together hereinafter
referred to as the "Parties", have concluded this Credit Agreement (the "Agreement") as follows:

 

1. SUBJECT OF THE
AGREEMENT

 

1.1. The Creditor,
as per the terms of this Agreement, undertakes to lend the Borrower cash in Russian rubles (hereinafter - the "Credits")
in the form of a revolving credit line with the credit line limit set at 300.000.000,00 (three hundred million) Russian rubles
(hereinafter - the "Credit line"), and the Borrower , as per the terms of the Agreement undertakes to repay the
principal amount of the Credits, the accrued interest, and other payments specified in this Agreement.

The purpose of the
Credits is financing of the Borrower’s current activities.

The “Preapproved
revolving credit line” is the maximum sum of the immediate indebtedness of the Borrower on the Credits on any given day of
the duration of the Credit line.

The duration of the
Credit line is the period of time, set forth in Article 2 of this Agreement, during which funds can be drawn and repaid.

1.2. The date of
discharge of obligations of the payment of any amounts under this Agreement is the date on which the accounts of the Borrower opened
in the Creditor’s bank are being debited in fulfillment of the obligations of the Borrower under this Agreement, or the date
on which funds for repayment of the Credit line debt were credited to the correspondent account of the Creditor in fulfillment
of the Borrower's obligations under this Agreement, if the amount of debt is withdrawn from the accounts of the Borrower opened
in other banks.

1.3. This Agreement
may not be altered, canceled or terminated in the event of considerable change of the circumstances present at the time when Parties
entered into this Agreement.

1.4. The obligations
of the Borrower under this Agreement shall be secured by:

- the pledge of property
rights to the deposits as per the Pledge agreement No. 00VL3Z001 "17" August, 2012, concluded with the Borrower;

- Guarantee of JSC
"SAT & COMPANY", executed by Agreement of guarantee No. 00VL3P001 of "17" August, 2012.

 

 

2. CONDITIONS AND
TERMS OF THE CREDITS GRANTING

 

2.1. The duration
of the Credit line is set from the "17" of August 2012 to the "21" of May 2014 inclusive. After
the expiration of the Credit line The Credits are not available for the Borrower.

 

    	 

    	 	

    

 

2.2. The Credits
are granted on the basis of concluded between the Creditor and the Borrower Additional agreements, drawn up in the form set out
in the Annex Nr. 1 to this Agreement.

The Credit currency
is the Russian rubles.

The allowance of
the Credits is carried out within the available credit balance of the Credit line. If the Borrower does not make full use of available
credit balance of the Credit line to its expiry or until the closing date of the available credit balance of the Credit line on
the grounds specified in the clause 7.2 of this Agreement, the available credit balance of the Credit line is canceled on the date
of expiry of the Credit line or the date of the closing the available credit balance of the Credit line.

The available balance
of the indebtedness is defined as the difference between the set limit of the indebtedness in any day of the duration of the Credit
line and the actual amount of the indebtedness on the Credits as of the current date.

2.3. The Credit repayment
period is set with the corresponding Additional agreements. The Borrower shall repay all the Credits received under this Credit
agreement before the date of expiry of the Credit line (inclusive).

The Credits during
the duration of the Credit line are granted for a period not exceeding 6 (six) months.

2.4. To account the
indebtedness under the Credits the Creditor opens for the Borrower the credit accounts.

The Credits are granted
by transferring the credit amounts from the relevant credit account to the bank account of the Borrower specified in the Additional
agreement on the granting each Credit.

2.5. The grant date
is the date of the Credit indebtedness formation for the respective credit account, which reflects the Credit granting.

2.6. The Credits
granting is carried out in the absence of the past-due interests and other payments under this Agreement, including fees related
to the Credits granting, opening or maintaining the Credit line (if the payment of the fee is provided for in this Agreement),
and if the Borrower meets his obligations to obey the established by this Agreement limits of the maximum size of the total credit
portfolio.

 

3. REPAYMENT OF
BANK CHARGES AND INTEREST

 

3.1. The Borrower
shall pay the amount of interest accrued at the rate established by the relevant Additional Agreement, but not in excess of 14%
(fourteen per cent) per annum for utilization of each Credit.

3.2. The amount of
the interest is calculated based on the actual total amount of Credits from the date when indebtedness has occurred on the relevant
loan account (inclusive), and to the date of the repayment of the loan specified in the relevant Additional Agreement (inclusive).
Accrual of interest shall discontinue after the date of repayment of the Credit specified in the relevant Additional Agreement.

3.3. Interest shall
be paid by the Borrower on monthly basis, on the 25th of each month.

Interest is paid
for the actual number of days of Credits’ utilization and the number of days in a year is considered to be 365 or 366 days
in accordance with the actual number of calendar days of that year.

The last payment
of interest is made on the date of final repayment of each Credit.

3.4. In the event
of changes in the refinancing rate of the Bank of Russia, rate LIBOR, MOSPRIME RATE, lending rates of the interbank market, change
in the domestic or foreign financial markets, as well as in some other events, based on the Creditor’s reasonable judgment,
the Creditor has the right to unilaterally change the interest rate (s) for the utilization of a Credit, established in the corresponding
addendum.

 

    	 

    	 	

    
 

The Creditor shall
send a notice to the Borrower of the change in interest rate.

The Borrower shall,
within three (3) business days after the receipt of the notice referred to in this paragraph, submit to the Lender a written consent
to pay interest based on the new interest rate and make interest payments according to the newly-established interest rate.

Shall the Borrower
disagree with the change of the interest rate, the Borrower has the right to early repay the amount of debt on the Credit within
five (5) working days from the date of receiving the notice of the change in the interest rate specified in this paragraph.

In the event when
the Borrower fails to provide the Creditor with a written consent (the Lender did not receive the Borrower’s written consent)
or in the event of default on early Credit repayment within 5 (five) working days of receiving written notice of the change in
the interest rate specified in this paragraph, the Borrower shall pay interest according to the newly established interest rate.

 

4. RIGHTS AND OBLIGATIONS
OF THE PARTIES

WARRANTIES AND
REPRESENTATIONS OF THE BORROWER

 

4.1. The Borrower
hereby declares and warrants to the Creditor that on the date of this Agreement and the date of granting any loan under this Agreement:

4.1.1. The Borrower
is a duly incorporated legal entity, acting in accordance with the legislation of the Russian Federation;

4.1.2. the Borrower
follows corporate procedures necessary for conclusion of this Agreement; conclusion of this Agreement has been approved by the
Borrower’s governing bodies;

4.1.3. this Agreement
on behalf of the Borrower is signed by a person duly authorized for such actions;

4.1.4. conclusion
of this Agreement and fulfillment of its terms shall not break or breach terms of statutory documents, any provision of the Russian
Federation legislation or any agreement or document in which the Borrower is a party;

4.1.5. there
are no circumstances that may restrict, prohibit or cause other essential negative effect to the Borrower's obligations under this
Agreement.

4.2. The Borrower
agrees to repay the debt on the Credits within the time limits specified in relevant Supplementary agreements and to carry out
timely interest payments on the Credits and other payments specified in this Agreement.

The Borrower agrees
to use the Credits only for the purposes specified in this Agreement and / or respective Additional agreements if, according to
the terms of this Agreement and / or corresponding Additional Credit Agreement, the use of the Credits is a strictly intended purpose.

4.3. The Borrower
agrees to provide current quarterly accounting statements (Form No. 1, No. 2, No. 4) with the mark of the appropriate inspection
of the Federal Tax Service of Russia about receiving such statements, no later than five (5) business days of the second month
following the statement quarter, and the annual balance with appendices (Form No. 1, No. 2, No. 4) with the mark of the appropriate
inspection of the Federal Tax Service of Russia about receiving such reports not later than April 5 of the year following the year
of report.

The Borrower shall
also, at the same time with the accounting statement, submit the following information:

- Interpretation
of accounts receivables in respect of Top 10 of debtors as of the reporting date including the debtor’s name, the debt amount,
the date of occurrence, the amount and the period of delay; Top 10 of debtors is understood as a debt of not less than 10% (ten
percent) of the total accounts receivables.

- Explanation of
accounts payable in respect of Top 10 of creditors as of the reporting date including the creditor’s name, the debt amount,
the date of occurrence, the amount and the period of delay (if any).

 

    	 

    	 	

    

 

Top 10 of creditors
is understood as a debt of not less than 10% (ten percent) of the total accounts payable.

- Interpretation
of long-term and short-term investments (p. 1150, 1240) as of the reporting date (for the loans granted, please state the loan
amount, the existing debt amount, the grant date, the maturity date, the repayment schedule and the security (if any));

- Interpretation
of the Borrower's debt on credits and granted loans on a quarterly basis as of the reporting date (please state the creditor’s/lender’s
bank, the loan amount, the current debt amount, the grant / settlement date, securities, the repayment schedule, the schedule /
order of repayment, delays and extensions);

- Data about out-of-balance
obligations of the Borrower for the issued warranties and guarantees of the third parties’ obligations, stating the creditor,
the debtor, the type of obligation, the commitment date, the commitment expiration date, the obligation amount, the current debt
as of the reporting date, and in part of financial and operational leasing, where the Borrower is the Lessee, - in the context
of the Lessor with showing total debt as of the reporting date and the average weighted period of lease agreements for each Lessor;

-Certificates from
the banks in which the Borrower has accounts, certified by creditor banks, about absence / presence of loan indebtedness and debt
according to card index No. 2, certificate of current loan indebtedness and turnovers on accounts on a quarterly basis as of the
reporting date for the reporting quarter;

- Certificate of
the Borrower with the information as of the reporting date:

- about calculated
amortization in the structure of self-cost for the reporting period;

- about the turnover
on accounts opened by the Borrower, which shall include a layout by banks with monthly layout for the reporting quarter;

- about presence
/ absence as of the current date of past-due indebtedness to the employees on wages on the last reporting date;

- a list of all court
cases in ordinary courts, arbitration courts, intermediate courts, in which the Borrower is a party, including the name of the
court, the dispute essence, the claim amount and other information;

- information on
issue of orders of enforcement of judiciaries to recover money from the Borrower, and also about enforcement proceedings in respect
of the Borrower as of the current date;

- information about
arrest, pledge and other encumbrances of the Borrower as of the current date.

The Borrower agrees
to provide a certificate of an appropriate inspection of the Federal Tax Service of Russia which confirms presence / absence of
past-due indebtedness to budgetary and (or) non-budgetary funds not later than twenty (20) business days from the reporting date.

4.4. From the date
of signing this Agreement and within the whole period of the Facility validity, the Borrower shall notify the Creditor in writing:

- about changes in
the administrative bodies of the Borrower (the Board of directors, the Management, the Head) - not later than five (5) business
days from the effective date of such changes, with copies of all required documents confirming the new membership of the administrative
bodies of the Borrower, certified by a notary;

- about changes in
the constituent documents of the Borrower with a copy of amendments and additions to the constituent documents (registered in the
order stipulated by law) and a copy of the certificate of registration in Uniform State Register of Legal Persons about state registration
of changes in the constituent documents, certified by a notary - not later than five (5) business days from the date of registration
of amendments and additions to the constituent documents of the Borrower;

- about changes among
the shareholders of the Borrower, causing transfer of ownership for shares in excess of 25% (twenty five percent) of the share
capital of the Borrower - not later than the period specified in this Agreement for providing financial statements.

4.5. The Borrower
agrees, when signing this Agreement, to provide to the Creditor:

 

    	 

    	 	

    
 

- a list of all accounts
opened by the Borrower under bank account or bank deposit agreements in credit institutions in the territory of the Russian Federation,
as well as in credit institutions and financial institutions outside the territory of the Russian Federation;

- a list of all court
cases in the courts of general jurisdiction, arbitration courts, intermediate courts, in which the Borrower is a party, including
the name of the court, the dispute essence, the claim amount and other information;

- information on
issue of orders of enforcement of judiciaries to recover money from the Borrower, and also about enforcement proceedings in respect
of the Borrower;

- information about
arrest, pledge and other encumbrances of the Borrower.

During the period
of the Facility, the Borrower shall promptly inform the Creditor about any changes in respect of any data and any information provided
in accordance with this Paragraph 4.5.

4.6. The Borrower
shall, within the term of the credit line does not consider its reorganization (in any form) or liquidation, as well as to change
the basic type of business carried out by them on the date of signature of this Agreement without the prior written (not less than
10 (ten) business days) notice to creditors, not to take other actions that could complicate the implementation of this Agreement.

4.7. Borrower shall
perform their obligations to maintain credit turnover on the conditions specified in Annex No 2 to this Agreement.

4.8. The maximum
size of the total loan portfolio of the Borrower and the following legal entities: RM-Invest LLC (hereinafter referred to paragraph
4.8 of this - "Legal Entity") shall not exceed 310.000.000,00 (three hundred and ten million) Russian rubles.

Under the combined
loan portfolio of the Borrower and the legal entity for the purposes of this clause 4.8 refers to:

- The total actual
amount of obligations under existing loan facilities granted by the Creditor to the Borrower and the legal entity. Under the existing
loan products in this paragraph means: loans provided under the loan agreement, loan agreement, the contract is a credit line,
the agreement on the manner and conditions of credit agreements and contracts to open multi-currency credit facility, as well as
an agreement to provide bank guarantee, an agreement on opening the letter of credit;

- The total actual
amount of loans to the Borrower and the Entity to the existing loan products provided by other banks. Under the existing loan products
in this paragraph means: loans provided under the loan agreement, loan agreement, an agreement on the opening of credit lines;

- The total maximum
allowable amount of debt on current loan agreement the bank account (overdraft), signed by the Borrower and the Creditor with the
Entity and other banks.

- The total actual
amount of debt of the Borrower and the Entity contractual bond, financial leasing, loans from non-affiliated parties;

- The total amount
of obligations of the Borrower and the Entity contractual guarantee for the obligations of a third party.

4.8.1. In order to
monitor this indicator Borrower shall during the term of this Agreement, to grant to the Creditor a day for every single loan,
as well as not later than April 15, May 15, August 15 and November 15 of each calendar year no later than one (1) month after the
end of reporting period, the information signed by the manager (or persons acting head) and the chief accountant of the Borrower
and the Company "RM-Invest" (under seal) of the total loan portfolio in the form agreed with the Creditor.

4.8.2. In the event
of the Borrower's obligations to comply with the established in paragraph 4.8 the maximum size of aggregate loan Creditor may not
grant loans to reduce the actual amount of the total loan portfolio, so that the actual size of the total loan portfolio consistent
with limits.

4.9. From the date
of signing of this Agreement and for the term of the Credit Facility Creditor, the Borrower shall notify its intention to exercise
any borrowing of funds (in the form of credit or otherwise, and the return on a reimbursable basis, including the bill and bond
issues) and / or the provision of guarantees borrower.

 

    	 

    	 	

    

 

4.10. The Borrower
Reaffirms its intention from the date of this Agreement and for the term of the Credit Facility to contact the Creditor and make
deals with him in order to provide the Creditor to the Borrower services (directly or through third parties) as a financial consultant,
agent for the financing or global coordinator and bookrunner, and shall inform the Creditor of the proposed acquisition or disposition
by or affiliated parties of securities, financial assets or property, including securities of the Borrower, and the reorganization
public offering of newly issued or existing shares or depositary receipts, issue bonds , credit notes or other securities, or private
placement of securities in Russia or abroad, and to provide the Creditor, if permitted by applicable law, the opportunity to provide
the above services to the Borrower on the terms proposed by another leading investment bank and is the most acceptable to the Borrower.

4.11. In case of
arrears of more than three (3) working days to the existing loan products provided by the creditor and / or PAT "Alfa-Bank"
and / or Amsterdam Trade Bank NV and / or of DB "Alfa-Bank" (Kazakhstan) (hereinafter - "the creditor bank")
to the Borrower and / or the Company "RM-Invest" and / or JSC «SAT & COMPANY», the total debt of the
above companies for 5 (five) working days from the date the arrears emergency declared for payment.

4.12. The Borrower
shall furnish to the Creditor the right to grant other creditor banks about the origin and presence of arrears for more than three
(3) working days for the purposes of implementation of paragraph 4.11. this Agreement.

 

5. PAYMENTS

 

5.1. Under this Agreement
and its Additional Agreements, the Creditor shall withdraw the amounts of payments due to the Creditor from the Borrower's current
account No. 40702810602720000110, maintained with the Creditor, in the currency of the Credit without additional orders (accept)
issued by the Borrower.

5.1.1. Not later
than 16 hours 00 minutes of the time zone specified in this Agreement, on the date of the Credit repayment, payment of interest
or execution of any other monetary obligation of the Borrower under this Agreement, the Borrower shall ensure that the account
referred to in paragraph 5.1 hereabove has a balance of funds not less than the amount of such liabilities.

All payments in favor
of the Creditor under this Agreement shall be made by the Borrower so that the Creditor receives the amount due to him under this
Agreement and its Additional Agreements in full.

5.2. The transfer
of funds in favor of any of the Parties under this Agreement shall be confirmed by the Party-originator by furnishing the other
Party with a copy of the payment document certifying that such transfer (payment order, payment telex, etc.) has been carried out.

5.3. If any payment
under this Agreement falls on the day that is not a business day in Moscow, then the payment shall be made on the first following
working day. This postponement of the payment will be taken into account when calculating the interest, that is, interest will
be charged at the rate stipulated in this Agreement, including the date of actual transfer of funds to the Creditor’s account.

5.4. If any amount
paid (including, by debiting the Borrower’s account by the Creditor without additional orders (accept) submitted by the Borrower)
to the Creditor or the amount of recovered debt under this Agreement is less than the amount due to the Creditor to repay the debt
in full, then received amount is utilized in the following order:

•first,
to pay any costs incurred by the Creditor to acquire the amount due;

•second,
to pay the commissions related to the Credits, opening or maintaining of the Credit line (if such commissions are established in
this Agreement or the relevant Additional Agreement);

•third,
to pay the accrued interest for the utilization of the Credits;

 

    	 

    	 	

    
 

•fourth,
for repayment of the Credits;

•fifth,
to pay a penalty for late payment of commissions for the issue of Credits, opening or maintaining of the Credit line (if such commissions
are established in this Agreement or the relevant Additional Agreement);

•sixth,
to pay a penalty for the late payment of accrued interest;

•seventh,
to pay a penalty for the late repayment of the principal amount of the Credits;

•eighth,
for the payment of any amounts due to the Creditor under this Agreement or the relevant Additional Agreements.

In the event when
the Creditor has other claims of the same category, but related to other agreements (contracts) with the Borrower, the order in
which the indebtedness under this Agreement and any other agreement (contract) is to be repaid shall be determined by the Creditor.

5.5. The Borrower
has the right to early repay the Credits and / or a part of the Credits received under the Additional Agreements to the Agreement.
The Borrower shall furnish the Creditor with a written notice of early repayment two (2) business days prior to the proposed date
of such repayment.

5.6. The Borrower
commissions the Creditor to debit (without additional orders (accepts) issued by the Borrower, but on the basis of payment claims
received from the Creditor) its currently established or prospective bank accounts, maintained by the Creditor in rubles and foreign
currency, the funds in the amount of any default under this Agreement or any Additional Agreements, including the obligation of
the Borrower to repay the principal amount of the Credits, the interest for the utilization of the Credits, fines, penalties and
other charges set forth in this Agreement and its Additional Agreements, on the date on which such debt must be repaid, including
the early recovery of the debt by the Creditor under the Credit (Credits).

The amounts to be
written off from the Borrower’s bank accounts in a currency other than the currency of payment under this Agreement and its
Additional Agreements are translated at the exchange rate established by the Creditor at the time of such write off.

The Borrower acknowledges
that the condition referred to in this paragraph 5.6 expresses the Borrowers acceptance of all payment claims made by the Creditor
in order to withdraw funds from the bank accounts of the Borrower under this Agreement and its Additional Agreements (“accept
received in advance”).

5.7. The Borrower
grants the Creditor the right to withdraw (without additional orders (accepts) issued by the Borrower, but on the basis of payment
claims submitted by the Creditor) from the established or prospective accounts of the Borrower in Russian rubles in the third-party
banks (hereinafter - the "service bank") funds in the amount of any unfulfilled obligations of the Borrower under
this Agreement and its Additional Agreements, including the obligation to repay the principal amount of the Credits, the amount
of interest for the utilization of the Credits, fines, penalties and other charges set forth in this Agreement and its Additional
Agreements, on the date on which such debt must be repaid, including the early recovery of the debt by the Creditor under the Credit
(Credits).

In order to implement
the Creditor’s right to withdraw funds from the Borrower’s accounts specified in this Agreement, the Borrower shall:

- not later than
three (3) working days from the date of opening of a current account in a service bank to notify the Creditor of such event in
a written form, specifying the details of such account;

- to specify in the
agreement with a service bank that it must not revoke the right of the Creditor to write off funds from the Borrower's current
account in Russian rubles on the basis of payment claims issued by the Creditor till the complete fulfillment of the Borrower’s
obligations under this Agreement and its Additional Agreements, and to issue an advanced order to the service bank not to revoke
the acceptance of payment claims of the Creditor, including the claim of the Creditor to conclude an appropriate tripartite agreement
between the Creditor, the Borrower and the service bank till the complete fulfillment of the Borrower’s obligations under
this Agreement and its Additional Agreements;

 

    	 

    	 	

    
 

- In the absence
or insufficiency of funds in the Borrower’s current account in Russian rubles, maintained by the service bank, and in the
presence of the current accounts in foreign currency in this service bank, the Borrower shall issue an order to the service bank
not to revoke the orders to the service bank to sell foreign currency from the Borrower’s bank accounts in foreign currency
in compliance with the conditions established by the service bank and to credit the amount of sold foreign currency to the Borrower’s
account in Russian rubles for further write-off of the funds due to the Creditor in accordance with this Agreement and its Additional
Agreements till the complete fulfillment of the Borrower’s obligations under this Agreement and its Additional Agreements;
in among other things, the Borrower shall undertake to forward documents necessary for sale of foreign currency to the service
bank, and to conclude an appropriate additional agreement to the bank account agreement with the service bank, and at the request
of the Creditor, a tripartite agreement between the Creditor, the Borrower and the service bank.

 

6. LIABILITY OF
PARTIES

 

6.1. In case of delay
in repayment of loans, including, in accordance with paragraph 7.4 of this Agreement, the Creditor may charge the borrower a penalty
of 0.2% (zero point two percent) of the defaulted obligation for each day, but not lower than the double rate refinancing, as of
the date for which a penalty is accrued and charged. The penalty is calculated before the date of enrollment of all amounts credited
to the Creditor’s account.

6.2. In case of late
payment of interest and / or fees associated with credit, opening or maintaining a credit line (if the payment of the fees is specified
by this Agreement), including, in accordance with paragraph 7.4 of this Agreement, the Creditor may charge the Borrower a penalty
of 0.2% (zero point two percent) of the defaulted obligation for each day of delay, but not less than double the refinancing rate,
actual for the date when the calculation of the fee is made. The penalty is calculated prior to reimbursement to the Borrower's
debt at the Creditor’s account.

6.3. In the event
of violation of Borrower's obligations to maintain credit turnover the conditions specified in Annex No 2 to this Agreement,
the Creditor has the right to require the borrower to pay a penalty of 0.5% (zero point five percent) of the total outstanding
obligations to maintain credit turnover, defined as the difference between the Creditor sized credit turnover for corresponding
billing period, determined in accordance with the conditions of Annex 2 to this Agreement, and the actual size of the credit turnover
for the same billing period. The penalty shall be paid by the Borrower not later than the day after the presentation of the relevant
request by the Creditor.

6.5.In case of
violation of the Borrower's obligations to the Creditor to provide the documents specified in paragraph 4.8.1 of this Agreement,
the Creditor may require the Borrower to pay the penalty of 1,000.00 (one thousand) Russian rubles for each day of violation. The
penalty shall be paid by the Borrower not later than the day after the presentation of the relevant request by the Creditor.

6.6.In case of
violation of the Borrower's obligations determined by paragraphs 4.3, 4.4, 4.5, of this Agreement, the Creditor may require the
Borrower to pay a penalty of

1,000.00 (one thousand)
Russian rubles for each day of violation. The penalty shall be paid by the Borrower within three (3) calendar days from the date
of the Creditor’s request of the penalty payment.

 

    	 

    	 	

    

 

7. AGREEMENT VALIDITY
PERIOD. BASES FOR EARLY TERMINATION

 

7.1. This Agreement
shall enter into force when signed by the authorized officials of the Parties and is valid until complete fulfillment of the Parties'
obligations under this Agreement.

7.2. The Creditor
may close free balance credit limit and / or prematurely collect debts on loans, interest, other payments determined by this Agreement
and / or in unilateral extrajudicial way terminate this Agreement in following cases:

a) delay in payment
of accrued interest and / or fees (in whole or in part), also if the Borrower violates obligations determined by the paragraph
5.1.1 of this Agreement;

b) the Borrower violates
the date (dates) of loan repayment, provided by the Additional Agreements to this Agreement, including the breach of obligations
determined by paragraph 5.1.1 of this Agreement by the Borrower;

c) the excitation
(or renewal) of the lawsuit against the Borrower or litigation presentation to the Borrower demanding payment of taxes or fees,
or initiation of proceedings against the Borrower under the case on the tax or administrative offense;

d) seizure of the
Borrower’s property;

e) failure to provide
the documents to the Creditor and / or information required by paragraphs 4.3-4.5 of this Agreement, or identification of invalid
or incomplete

documents and / or
information provided by the Borrower to the Creditor;

f) initiation of
proceedings of forced liquidation or insolvency (bankruptcy) of the Borrower;

g) reorganization
or winding up of the Borrower without the prior written notice to the Creditor;

h) termination or
modification of the Borrower’s business activity carried out by him on the date of this Agreement without prior written notice
to Creditor;

i) failure to comply
with the terms of this Agreement on the proper use of Loans by the Borrower;

j) involving the
head (heads) of the Borrower as a defendant in a criminal case;

k) transfer of the
property by the Borrower without written consent of the Creditor in mortgage, lease, asset management, and encumber of the Borrower’s
assets otherwise;

l) invalidation (for
any reason) of the transaction (transactions) establishing to ensure fulfillment of the Borrower’s obligations under this
Agreement;

m) significant changes
in the management bodies of the Borrower (change of the general

Director, Board of
Directors (Supervisory Board), and other authorities);

n) violation of the
terms of this Agreement and its Supplementary Agreements by the Borrower, as well as violation by the Borrower and / or the Guarantor
and / or pledgers of the other conditions and agreements made with Creditor;

o) deterioration
of the financial position of the Borrower or the presence (appearance) of any other circumstances which, in the reasonable opinion
of the Creditor, may complicate or make impossible the proper performance by the Borrower of its obligations under this Agreement
and its Supplementary Agreements;

p) violation of the
pledge Agreement (Agreements) by the Pledgor (Pledgors), made to secure Borrower’s performance of its obligations under this
Agreement;

q) occurrence of
the circumstances listed in subparagraphs "c", "d", "f", "g", "j" of this paragraph
in respect of the Guarantor (Guarantors) under the Agreement (Agreements) made to secure Borrower’s performance of its obligations
under this Agreement;

r) Borrower's failure
in fulfillment of the obligations mentioned in paragraphs 4.12, 4.13 of this Agreement, and any other obligations that are not
directly referred to in this paragraph 7.2, but determined by this Agreement and / or Addendum to it.

7.3. In case of early
collection of the loan and / or early termination of this Agreement, on the grounds specified in paragraph 7.2 of this

Agreement, and in
the cases provided by the legislation of the Russian Federation, the Creditor shall send the Borrower the notice with the request
of early repayment of Loans, accrued interest and other payments determined in this Agreement, along with

the reasons for the
early recovery of the debt.

 

    	 

    	 	

    
 

7.4. Borrower is
required no later than in five (5) working days after receipt of the notification mentioned in paragraph 7.3., on the early recovery
of debt under this Agreement to transfer the amount owed to the Creditor under the Loan (Loans), including outstanding loans, interest,
penalties, and other payments determined by this Agreement.

 

8. MISCELLANEOUS

 

8.1. This Agreement
shall be governed by and construed in accordance with the legislation of the Russian Federation.

Any disputes, controversy
or claim arising out of this Agreement or connection with it, shall be settled by the Parties by means of negotiations. In the
absence of understanding, the dispute between the Parties shall be considered by the Arbitration Court of Moscow.

8.2. Borrower’s
assignment of its rights and obligations under this Agreement shall not be made without the prior written consent of the Creditor.
Creditor may assign all or part of its rights and obligations under this Agreement.

8.3. All prior agreements,
understandings, negotiations and communications between the Parties on the matters set forth in this Agreement prior to its signing,
expire on the date of signature of this Agreement.

8.4. All letters,
notices, announcements, and other communications of Parties should be addressed to each other in writing in accordance with the
details provided in section 9 of this Agreement or in the Supplementary Agreements.

Messages can be sent
to the Parties at the following methods of communication: fax, e-mail, telegraph (telegram with acknowledgment of receipt), mail
(by registered letter with acknowledgment of receipt), courier services.

If one of the Parties
messages using the telegraph, mail or courier services such communication shall be deemed received by the other Party at the moment
designated in the notice of receipt, and in the case of fax and e-mail - after confirmation of receipt in the same form.

8.5. All changes
and additions to this Agreement shall be valid only if they are made in writing and signed by authorized representatives of the
Parties.

8.6. If one of the
Parties change their e-mail or contact details, payment details or undergo reorganization or liquidation, one shall inform the
other party in writing within five days from the effective date of the changes.

8.7. The Borrower
confirms:

- His consent to
disclosure of information to the Creditor of the main part of credit history.

- His consent to
providing by the Creditor of the information determined in article 4 of the Law

"On Credit Histories",
in the credit bureau in accordance with the current legislation of the Russian Federation.

Code of credit history
subject: absent.

8.8. This Agreement
is made in two copies, one copy for each party. Each instance has the same effect.

 

9. ADDRESSES AND
REQUISITES OF THE PARTIES

 

CREDITOR:OJSC
«Alpha-Bank», OGRN 1027700067328

 

Location:107078,
Moscow, Kalanchevskaya street, suite 27

 

“Saint-Petersburg”
branch (mailing address):

 

    	 

    	 	

    

 

191186, Saint-Petersburg,
Griboedov canal embankment 6/2 А

 

Bank requisites:INN
7728168971, “Saint-Petersburg” branch

JSC «Alpha-Bank»
correspondent account 30101810600000000786, BIK

044030786

Tel./Fax:314-89-62
/ 329-80-60

 

 

BORROWER:TOT
MONEY LLC, OGRN 1127746225540

 

 

Location:

Mailing address:

127220, Moscow, 1-st
Kvesisskaya street , suite 9 191119, Saint-Petersburg, Marata street, suite 82

 

Payment details:INN
7714868349,

account No 40702810602720000110
Additional Office «Kutuzovskiy» JSC "ALPHA-BANK",

correspondent account
30101.810.2.00000000593 at

Moscow main territorial
directorate of the Central Bank of Russia, BIK 044525593

Tel./Fax:

 

10. SIGNATURES

 

BORROWER

 

General Director

/s/ Katsaev              
(Katsaev H.C.)

stamp

 

CREDITOR

 

Deputy Director of
Customer Service of the “Saint-Petersburg" Branch

/s/ Sokolov A.G.       (Sokolov
A.G.)

Chief Accountant

/s/ Belousova
S.G.    (Belousova S.G.)

stamp

 

    	 

    	 	

    
 

Appendix No1

to the Loan Agreement
on opening

of the revolving line
of credit in Russian rubles

No00VL3L from
August “17”, 2012

 

 

Supplement Agreement
form

SUPPLEMENT AGREEMENT
No___

 

to the Loan Agreement
on opening of the revolving

line of credit
in Russian rubles No 00VL3L

from August ““
2012

Saint-Petersburg““
20

 

 

 

OPEN JOINT STOCK
COMPANY ”ALFA-BANK”, PSRN 1027700067328, hereinafter referred to as “Creditor” represented by ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬________________,
acting on the basis of ______________on the one hand, and Limited responsibility society “TOT MANI” (PSRN1127746225540),
hereinafter referred to as “Borrower” represented by _____________, acting on the basis of _______from the other
hand, referred together herein as “Parties”, in addition to the Loan Agreement on opening the revolving line of credit
in Russia rubles No00VL3L from August ““2012, entered into between the Creditor and the Borrower, hereinafter
named “Agreement”, entered into the Supplement Agreement on the following basis:

 

1.Under the Agreement
the Creditor shall provide the Borrower with a Loan of () Russian rubles.

The grant date of
the Loan: ““ 20_____

The loan maturity
date of the Loan: ““ 20

 

2.For the use
of the Loan, the Borrower shall pay to the Creditor an interest at the rate of ___ % (percent) per annum.

3.The Borrower
may pay back the Loan prior to the scheduled maturity date or a part of the Loan. The Borrower shall furnish the Creditor a written
notice of early repayment for ( ) working days before the date of the long-term prepayment.

4.The Loan shall
be supplied by transferring the Loan amount to the account of the Borrower No40702810602720000110, opened at the Creditor.

5.In all other
respects the Parties shall be governed by the Agreement.

6.The given Supplement
Agreement comes into effect on the date of signing by the authorized representatives of the Parties and constitutes the integral
part of the Agreement.

 

 

SIGNITURES OF
THE PARTIES

The BORROWER
The CREDITOR

 

The Form is agreed
between the Parties:

 

 

The BORROWER

General Director

___________(Katsaev
Kh. Ts.)

 

    	 

    	 	

    

 

The CREDITOR 

Deputy Director of
Customer Service of the

“Saint-Petersburg”
branch

 

 

 

(Sokolov A.G.)

Chief accountant

 

(Belousova S.G.)

L.S.

 

    	 

    	 	

    
 

Appendix No
2

to the Loan Agreement
on opening

of the renewable line
of credit in Russian rubles

No 00VL3L from
“17” August 2012

(hereinafter –
Agreement)

 

OBLIGATIONS OF
THE BORROWER

ON MAINTENANCE
OF THE CREDIT TURNOVER

 

1. Beginning from
61 (the sixty first) day from the date of granting the first credit product and during all the period of Credit line validity the
borrower is obliged to support a quarterly credit turnover according to the payment account No. 40702810602720000110 (hereinafter
– “Account”), which was opened at the Creditor, in such a size that this turnover in the sum with a quarterly
credit turnovers for the same payment quarter on the account of LLC “RM-Invest” No. 40702810732000001011, opened at
the Creditor, would be not less than 150 % (one hundred fifty percent) from the average sum of obligations in accordance with current
credit products which are provided to the Borrower by the Creditor.

 

The credit
turnover is defined as a total volume of receipts of monetary funds into the Account for the payment period. Thus transfers between
the accounts of the Borrower opened at the Creditor, transfers from the accounts of the Borrower opened in other credit organizations,
and also any receipts connected with granting and repayment of the credits (loans), issue and discharge of Borrower’s bills,
with return of means from deposit accounts and accounts of repayment formation in accordance with letters of credit are not included
in calculation of the credit turnover, which are not returns from production sales (goods, work, services).

The borrower is obliged
to support the credit turnover for each payment period, including the first and last payment period.

The payment period
is defined as the calendar quarter consisting of three consecutive calendar months, but herewith counting of quarters is kept from
the beginning of a calendar year.

The first payment
period is defined the VI quarter of 2012.

The last payment
period is defined as a calendar quarter in which the Borrower completely canceled all the Credits which were provided according
to the Agreement.

Current credit
products are defined as any provided credits to the Borrower by the Creditor, including overdrafts and the credits (tranches)
within credit lines, and also bank guarantees and the uncovered letters of credit opened on the instructions of the Borrower, which
are given out in providing obligations of the Borrower.

The average sum
of obligations on current credit products is defined as the average arithmetic value of all the total amounts of daily obligations
of the Borrower, each of which is determined as the cumulative loan balance for the beginning of the working day from all the loan
accounts opened by the Creditor for the Borrower, which is increased up to the most admissible sum of single loan of the Borrower
(a loan limit) according to the overdraft, which is established by the relevant agreement on crediting of the bank account (the
overdraft), and the sum of obligations of the Borrower in accordance with the contracts on providing bank guarantees (at a rate
of the total amount of the responsibility limit of the Creditor on the guarantees issued) and in accordance with the contracts
on opening of uncovered letters of credit (at a rate of total amount of obligations of the Creditor according to open uncovered
letters of credit). At that the cumulative sum of obligations of the Borrower for the beginning of the day off is accepted as an
equal cumulative sum of obligations of the Borrower for the end of the previous working day.

Days of the payment
period, when the Borrower has no obligations on credit products, are not subject to an exception and are considered at calculation
of the average sum of obligations.

 

    	 

    	 	

    

 

Obligations on such
a credit product are not considered at calculation of the average sum of obligations, and are not included in the date of granting
a credit product, and they are equal to zero. Obligations on it as of the beginning of the working day are considered in the full
sum (without repayment) at calculation of the average sum of obligations for the payment period, and they are included in the repayment
date (completely or partially).

Obligations of the
Borrower on the credit product, which are completely ceased during the payment period, are not subject to an exception and are
considered at calculation of the average sum of obligations for this payment period.

2.The Credit
turnover is repaid by the Creditor in Russian rubles. If any of the amounts used for calculation of the Credit turnover amount
are expressed in a foreign currency, than such amounts are converted into Russian rubles according to the official exchange rate
against the Russian ruble, established by the Bank of Russia on the 1-st day of the relevant accounting period.

3.In case of
breach of obligations by the Borrower concerning the maintenance of the Credit turnover, the Creditor may demand a penalty payment
made by the Borrower, specified in Article 6 of the Agreement, and also may take the advantage of the rights set in the 7.2 point
of the Agreement or at the discretion of the Creditor may demand only a penalty payment made by the Borrower.

 

 

SIGNITURES OF THE
PARTIES

 

 

The Form is agreed
between the Parties:

 

 

The BORROWER

General Director

 

___________  (Katsaev Kh. Ts.)

 

 

The CREDITOR 

Deputy Director of
Customer Service of the “Saint-Petersburg” branch

 

 

___________ (Sokolov
A.G.)

 

Chief accountant

 

___________ (Belousova
S.G.)Exhibit 10.2

 

[English translation from the original
Russian language document]

 

AGREEMENT OF PROPERTY RIGHTS PLEDGE 

No. 00VL3Z001

(Framework)

 

	St. Petersburg	August 17, 2012

 

JOINT STOCK COMPANY
"ALFA-BANK" (PSRN 1027700067328) hereinafter referred to as the Pledgee represented by Relationship Deputy Director of
the branch “Sankt-Peterburgsky” of OJSC Alfa-Bank, Mr. Sokolov A.G., acting under Power of Attorney No. 5/2046 D of
04.06.2012., on the one hand, and the Limited Liability Company "TOT MONEY" (PSRN 1127746225540), hereinafter referred
to as the Pledger, represented by the General Director Katsaev T.H., acting under the Charter, on the other hand, entered into
this Agreement (hereinafter referred as the Pledge Agreement) as follows:

 

1. SUBJECT OF THE PLEDGE AGREEMENT

 

1.1. In accordance with the Credit Agreement
on opening a revolving Credit Facility in Russian rubles No. 00VL3L of August 17, 2012 (hereinafter - the Credit Agreement) between
the Pledgee and the Pledger, the Pledgee agrees according to the conditions specified in the Credit Agreement to provide the Pledger
with cash in Russian rubles (hereinafter - the Credits) in the form of a revolving Credit Facility with a debt limit of 300.000.000,00
(three hundred million) Russian rubles (hereinafter - the Credit Facility), and the Pledger agrees in order and time fixed by the
Credit Agreement to return the Credits and pay interest for using the Credits, as well as to implement other payments stipulated
by the Credit Agreement in favor of the Pledgee.

The purpose of the Credits supply is current
business financing.

The debt limit means the maximum amount
of one-time debt of the Pledger on Credits at any day of the period of the Credit Facility.

The Credit Facility is set from August
"17", 2012 to May 21, 2014 inclusive. After the expiration of the Credit Facility the Credits shall not be available
for the Pledger.

 

1.1.1 The Credits are granted on the basis
of Additional Agreements concluded between the Pledgee and the Pledger, compiled in the form stated in the Annex to the Credit
Agreement.

The Credit currency is Russian ruble.

Issuing the Credits shall be carried out
within the available balance of the Credit Facility limit. If the Pledger has not fully used the available balance of the Credit
Facility limit until its expiration or until the closing date of the available balance of the Credit Facility limit on the grounds
specified in Paragraph 7.2 of the Facility Agreement, the available balance of the Credit Facility is canceled on the date of expiry
of the Credit Facility or the date of closing the free balance of the Credit Facility limit.

Free balance debt limit is defined as the
difference between the debt limit set in any day of the period of the Credit Facility and the actual amount of debt on the Credits
as of the current date.

 

1.1.2. The Credit repayment period shall
be set by the corresponding Additional agreements to the Credit Agreement. The Pledger shall pay all Credits received under the
Credit Agreement no later than the expiration of the Credit Facility (inclusive).

Credits during the term of the Credit Facility
are granted for the period not exceeding six (6) months.

 

1.1.3. For the use of each Credit the Pledger
pays to the Pledgee the interest at a rate determined by the relevant Additional Agreement, but not more than %14 (fourteen percent)
per annum.

 

1.1.4. Interest is calculated on the actual
amount of the Credit debt on the Credits from the date following the date of indebtedness under the relevant Credit account (inclusive),
and to the date of repayment of the Credit specified in the relevant Additional Agreement to the Credit Agreement (inclusive).
After the date of repayment of the Credit specified in the relevant Additional Agreement to the Credit Agreement, the interest
cannot be assessed.

 

1.1.5. Interest is payable monthly by the
Pledger on the 25th day of each month.

Interest is paid for the actual number
of days of using the Credits, and the year is set as 365 or 366 days in accordance with the actual number of calendar days in the
year.

The last payment of interest shall be made
on the date of repayment of the each Credit.

 

1.1.6. In case of changes in the refinancing
rate of the Bank of Russia, rates of LIBOR, MOSPRIME, lending rates in the interbank market, changes in domestic or foreign financial
markets, as well as in other cases, in the reasonable opinion of the Pledgee, the Pledgee shall have the right to unilaterally
and extrajudicially change the interest rate (s) for the use of the Credit, established in the Credit Agreement or in the relevant
Additional agreement.

 

    	 

    	 	

    

 

1.1.7. The Pledger has the right to prepay
the Credits and / or part of the Credit.

 

1.1.8. Upon failure or improper performance
of obligations by the Pledger under the Credit Agreement the Pledgee may accrue Pledger with following penalties (fines):

 

- In the case of late repayment of the
Credits and / or payment of interest and / or payment of the fee (if payment of the fee is provided by the Credit Agreement the
Pledgee has the right to charge a penalty for Pledger of 0.2% (zero point two percent) of the default obligation for each day of
delay, but not less than the double refinancing rate of the Bank of Russia as of the date for which the penalty is accrued. The
penalty is accrued before the date of transfer of the full amount payable to the account of the Pledgee;

- In the event if the Pledger breaches
the commitment to maintain the credit turnover on the terms specified in the annex to the Credit Agreement, the Pledgee may require
the Pledger a fine of 0.5% (zero point five percent) of the amount of outstanding obligations on maintaining credit turnover, defined
by the Pledgee as the difference between the amount of credit turnover for the relevant settlement period, determined in accordance
with the conditions attached to the Credit Agreement, and the actual size of the credit turnover for the same billing period. The
penalty shall be paid by the Pledger not later than the day after the presentation by the Pledgee of relevant requirement;

- In case if the Pledger violates commitments
to provide the Pledgee with the documents specified in Paragraph 4.8.1 of the Credit Agreement, the Pledgee may require the Pledger
a fine of 1,000.00 (one thousand) Russian rubles for each day of violation. The penalty shall be paid by the Pledger not later
than the day after the presentation of the Pledgee relevant requirements;

- If the Pledger breaches obligations contained
in Paragraphs 4.3 and 4.4 of the Credit Agreement, the Pledgee may require from the Pledger a fine of 1,000.00 (one thousand) Russian
rubles for each day of violation.

The penalty shall be paid by the Pledger
within three (3) calendar days from the date of the Pledgee requirement to pay a fine.

 

1.1.9. The Pledgee may cancel the free
balance credit limit of the Credit Facility and / or prematurely collect debts on the Credits, interest, other payments under the
Credit Agreement and / or unilaterally and extrajudicially terminate the Credit Agreement in the following cases:

 

a) delay in payment of accrued interest
(in whole or part), including as a result of violations of the Pledger obligations under Paragraph 3.1.1 of the Credit Agreement;

 

b) violation by the Pledger of date (s)
of the Credit repayment, provided in Paragraph 1.1.2 of the Credit Agreement, including the breach of obligations under Paragraph
3.1. of the Credit Agreement by the Pledger;

 

c) causing (or renewal) against the Pledger
litigation or presentment to the Pledger taxes or fees payment requests, or causing against the Pledger of the case on the tax
or an administrative offense;

 

d) seizure of property of the Pledger;

 

e) failure to present documents and / or
information required by Paragraphs 2.3 and 2.4 of this Agreement to the Pledgee, or identification of invalid or incomplete information
provided by the Pledger to the Pledgee in accordance with Paragraphs 2.3 and 2.4 of the Credit Agreement;

 

f) causing of the case of forced liquidation
or insolvency (bankruptcy) of the Pledger;

 

g) reorganization or voluntary winding
up of the Pledger without prior written notice to the Pledgee;

 

h) termination or modification without
written notification of the Pledgee the type of the Pledger activity performed at the date of signing of the Credit Agreement;

 

i) the Pledger’s failure to comply
with the conditions of the Credit Agreement of the intended use of the Credit;

 

j) involving the head (s) of the Pledger
as a defendant in a criminal case;

 

k) transfer of property by the Pledger
as the pledge, lease, asset management, as well as the encumbrance of the Pledger’s property with other means without the
written consent of the Pledgee;

 

l) invalidation (for any reason) of the
transaction (s) setting enforcement by the Pledger of his obligations under the Credit Agreement;

 

m) significant changes in the management
bodies of the Pledger (change of CEO, Board of Directors (Supervisory Board), and other agencies);

 

    	 

    	 	

    

 

n) violation of the conditions of the Credit
Agreement by the Pledger and violation by the Pledger and / or the guarantors and / or the pledgers of other contracts and agreements
with the Pledgee;

 

o) deterioration in the financial position
of the Pledger or presence (emergence) of any other circumstances which, in the reasonable opinion of the Pledgee, may complicate
or prevent the proper performance of the Pledger’s obligations under the Credit Agreement;

 

p) breach by the Pledger of the Agreement
about the pledge signed in the enforcement of the Pledger of its obligations under the Credit Agreement;

 

r) occurrence of the circumstances listed
in Paragraphs "c", "d", "e", "f", "n" of this Paragraph in respect of the Guarantor
under the Surety Agreement, signed in the enforcement of the Pledger of its obligations under the Credit Agreement;

 

s) failure by the Pledger of obligations
specified in Paragraph 2.9 of the Credit Agreement and any other obligations that are not directly referred to in this Paragraph
5.2, but under the Credit Agreement.

 

1.1.10. In case of arrears of more than
three (3) working days on the existing Credit products provided by the Pledgee and / or PAT "Alfa-Bank" and / or Amsterdam
Trade Bank NV and / or of DB "Alfa-Bank" (Kazakhstan) to the Pledger and / or JSC "SAT & COMPANY" and /
or the "PM-Invest" LLC, the total debt of the above companies during the five (5) working days from the date of the overdue
shall be declared as urgent for payment.

 

1.1.11. The Pledger has the right to grant
to the Pledgee to lender to other Banks-Creditors information about the origin and presence of arrears for more than three (3)
working days for the purposes of compliance with Paragraph 4.11 of the Credit Agreement.

 

1.2. To ensure proper performance of the
Pledger’s obligations specified in Paragraphs 1.2.1 and 1.2.2 below, the Pledger pledges to the Pledgee the Property rights
referred to in Paragraph 1.3 of the Pledge agreement (hereinafter - the Property rights).

The obligations of the Pledger referred
to in Paragraphs

1.2.1 and 1.2.2 for which the pledge is
granted, shall be hereinafter referred to in the Pledge agreement as "Secured Obligations".

 

1.2.1. The pledge ensures the proper execution
of all current and future obligations of the Pledger under the Credit Agreement, including the payment of:

 

a) the Credits, including the early withdrawal
of Credit by the Pledgee;

 

b) interest on the Credit use, including
the altered amount in the cases specified in Paragraph 1.1.3. of Pledge agreement;

 

c) penalties, as well as damages of the
Pledgee caused by improper performance of the Credit Agreement.

 

1.2.2. The Pledge provides the Pledgee’s
requirements to return funds obtained under the Credit Agreement in case of invalidity of the Credit Agreement, established by
a court decision, and the payment of interest on use of borrowed funds, calculated on the amounts received by the Pledger under
the Credit Agreement.

 

1.3. The subject of the pledge under the
Pledge agreement is rights owned by the Pledger in full according to the Bank deposit agreement concluded between the Pledger and
the Pledgee (hereinafter - the Bank deposit agreements) to refund deposits (hereinafter - the Deposit), placed on deposit accounts
of the Pledger open at the Plegee (hereinafter - the Accounts), and receiving interest on cash funds on deposits (hereinafter -
the Property rights). Necessary information about the Property rights (details of the Bank deposit agreement, the amount of funds,
the right that are the subject of the pledge) are specified in the Additional agreements to the Pledge agreement, which are an
integral part of it, and are in the form set out in Annex No. 1 to the Pledge agreement.

 

1.4. The totality of the Pledger rights
based on the Bank deposit agreements rights on the under the order of cash the amount shown in the Additional agreements to the
Pledge agreement are the amount of the Property rights (hereinafter - The amount of the Property rights) in the pledge.

 

1.5. Repayment date of each Deposit on
the Bank deposit agreement that is the subject of the pledge against the related Credit must exceed the Credit repayment date not
less than thirty (30) calendar days, and the corresponding Credit amount cannot be more than the amount of the deposit placed according
to the Bank deposit agreement.

 

    	 

    	 	

    

 

2. RIGHTS AND RESPONSIBILITIES OF THE PLEDGER

 

2.1. During the period of the Pledge agreement,
the Pledger shall:

 

2.1.1. take actions that are necessary
to ensure the existence and validity of the Property rights;

 

2.1.2. not make concessions to the Property
rights and not dispose of the Property rights in any other way without the written consent of the Pledgee;

 

2.1.3. not perform actions that result
or may result in termination of the Property rights or decrease in their value and volume;

 

2.1.4. take the measures necessary to protect
the Property rights from infringement by the third parties;

 

2.1.5. notify the Pledgee of the third
party claims for the Property rights, its abuse by the third parties, as well as of any changes in the Property rights within three
(3) days after the occurrence of such circumstances;

 

2.1.6. not transfer the Property rights
to the subsequent pledge.

 

3. RIGHTS AND RESPONSIBILITIES OF THE PLEDGEE

 

3.1. The Pledgee has the right to:

 

3.1.1. require the Pledger to take measures
necessary to ensure the preservation of the Property rights, their existence and validity;

 

3.1.2. require any person to stop encroachment
on the Property rights, threatening to cease or reduce the Property rights Amount;

 

3.1.3. in the event of default and / or
improper performance of the Pledger of his obligations under the Credit Agreement and in the event of default and / or the improper
performance of the Pledger’s obligations under the Pledge agreement, regardless of the date for performance of obligations
under the Credit Agreement, to charge the Property rights in accordance with the conditions set out in Article 4 of the Pledge
Agreement;

 

3.1.4. independently take the measures
necessary to protect the Property rights from infringement by the third parties, if the Pledger did not comply with this obligation;

 

3.1.5. join as the third party in the case
of the claim for the Property rights;

 

3.1.6. meet his requirements to the Ensured
commitments on the account of the Property rights of the preferential order over other creditors.

 

4. CHARGING THE PROPERTY RIGHTS

 

4.1. At the expense of the Property rights,
the Pledgee has the right to meet his requirements of the Secured obligations in full that is determined as of the moment of actual
satisfaction, including main debt, accrued interest, damages caused by delay of the Secured obligations fulfillment, as well as
fines and other payments stipulated by the Credit Agreement. Any expenses of the Pledgee associated with charging the Property
rights, including costs associated with hiring an appraiser to determine the market value of the Property rights shall be compensated.

The appraiser shall be appointed by the
Pledgee.

 

4.2. The Pledgee acquires the right to
charge the Property rights in the event of non-performance of the Credit / Credits return obligations by the Pledger, including
the obligations to return the Credit / Credits in its / their early withdrawal by the Pledgee or upon the occurrence of cases of
deterioration in the terms of the obligation fulfillment and / or payment of the accrued interest on Credit / Credits use and /
or payment of other fees stipulated in the Credit Agreement on the day following the date of occurrence of the specified in the
Credit Agreement term of performance of such obligations.

 

4.3. Charging the Property rights shall
be carried out without recourse to the courts (out of court). For repossession of the Property rights, the Pledgee shall send notice
to the Pledger of the starting the charge for the Pledge (hereinafter - the Charge Notice), drawn up in accordance with Paragraph
2 of Art. 24.1 of the RF Federal Law "About the pledge" of May 29, 1992 No. 2872-1 (hereinafter – the Pledge Act)
with an indication of:

 

- The name (description) of the Property
rights, through which the Pledgee’s requirements shall be met;

 

- The amount payable to the Pledgee on
the Secured obligation, identified under the provisions of Paragraph 4.1 of the Pledge agreement;

 

    	 

    	 	

    

 

- the way of realization of the Property
rights provided for in Paragraph 4.4 of the Pledge agreement;

 

- The price of the Property rights, as
determined in accordance with Paragraph 4.7 of the Pledge agreement.

The Charge notice shall be sent by the
Pledgee in writing by registered mail (order cable), return receipt requested, or by courier or agency on express delivery (in
particular, DHL, EMS, FedEx) at the Pledger’s address referred to in Article 8 of the Pledge agreement if the Pledger has
not informed the Pledgee in writing about address changing.

 

4.4. The realization of the Property rights
shall be conducted by saving by the Pledgee of his Property rights which are actual at the time of the Property rights appropriation,
in full.

Sale of the Property rights shall be conducted
by the Pledgee not earlier than the period specified in Paragraph 3 of Art. 24.1 of the Pledge Act. Sale of the Property rights
can be made before that time with a substantial risk of significant reduction in the price of the Property rights in comparison
with the price specified in the Charge notice.

In order to charge and sale the Property
rights, the Pledgee may take all necessary steps and sign all necessary documents.

 

4.5. The Property rights shall be transferred
to the Pledgee on the date of receipt by the Pledger of the Pledgee’s statement on the appropriation of the Property rights
(hereinafter - the Statement), provided that to this date the Secured Obligations have not been terminated in full (hereinafter
- the Date of the Property rights transition).

The Pledgee’s statement is considered
as received by the Pledger from the date of delivery, and in the case of return of the sent Statements with mark of the delivery
company of the departure of the addressee, expiry of keeping time, change of address of the Pledger without notice to the Pledgee,
or refusal of the receiving Statements - from the sending date.

From the date of transition of the Property
rights, the Pledgee becomes the legal successor of the Pledger under the Bank deposit agreement, the Bank deposit agreement shall
be considered as terminated by the coincidence of the debtor and the creditor in one person, the Pledger shall lose the right of
the request for the performance of obligations under the Bank deposit agreement.

 

4.6. The Notice of charge starting and
the Statement shall be forwarded by the Pledgee in writing by registered mail (order cable), return receipt requested, or by courier
or agency on express delivery (in particular, DHL, EMS, FedEx) at the Pledger’s address referred to in Article 7 of the Pledge
agreement if the Pledger has not informed the Pledgee in writing of the address change.

 

4.7. The price of the Property rights,
according to which the Property rights are transferred to the Pledgee is set equal to their market value, shown in the evaluator’s
report, drafted after the Pledgee has the right to charge the Property rights, and up to the date of the Notice of the charge to
the Pledger (the price of the Property rights defined in this way shall be specified in the notice of the charge).

 

4.8. Establishing of canceled requirements
of the Pledgee by the transfer of the Property rights to the Pledgee shall be in accordance with the priority of claims of the
Pledgee provided by the Credit Agreement.

If the price of the Property rights, on
which the Property rights were transferred to the Pledgee, exceeds the requirements of the Pledgee, the difference shall be returned
to the Pledger within 10 (ten) days from the date of transition of the Property rights.

 

4.9. The Pledgee at any time in its sole
discretion shall have the right to institute legal proceedings for the purpose of charge of the Property rights.

 

5. DURATION OF THE PLEDGE AGREEMENT

 

5.1. The Pledge agreement shall enter into
force upon signature by the accredited representatives of the Parties and is valid until the fulfillment of the Parties' obligations
under the Credit Agreement.

 

6. OTHER TERMS AND CONDITIONS OF THE PLEDGE
AGREEMENT

 

6.1. The Pledge agreement shall be governed
by and construed in accordance with the legislation of the Russian Federation.

Any dispute, controversy or claim arising
out of the Pledge agreement, or in connection with it, shall be settled by means of negotiations. In the absence of agreement,
the dispute between the parties shall be considered by the Arbitration Court of Moscow.

 

6.2. All prior agreements, understandings,
negotiations and correspondence between the Parties on the problems outlined in the Pledge agreement, prior to its signing, expire
on the date of signing the Pledge agreement.

 

    	 

    	 	

    

 

6.3. All letters, notices, announcements,
and other communications are sent by the Parties to each other in writing.

Unless otherwise provided by the Pledge
agreement, the messages may be sent to the Parties at the following methods of communication: fax, e-mail, telegraph (telegram
with acknowledgment of receipt), postal services (registered letter with acknowledgment of receipt), courier services.

If one of the Parties sends messages using
the telegraph, mail or courier services such communication shall be deemed received by the other Party from the time indicated
in the notice of receipt, and in the case of fax and e-mail - after confirmation of its receipt by the same way.

 

6.4. All changes and additions to the Pledge
agreement shall be valid only if made in writing and signed by the authorized representatives of the Parties.

 

6.5. In all other cases not provided for
by the Pledge agreement, the Parties shall follow the laws of the Russian Federation.

 

6.6. The Pledge agreement is made in two
copies, one copy for each party. Each copy has the same effect.

 

7. ADDRESSES OF THE PARTIES

 

THE PLEDGER:

OJSC "Alfa-Bank" PSRN 1027700067328

 

Location: 107078, Moscow, 27 Kalanchevskaya
St.

Branch "Sankt-Peterburgsky" (address
for correspondence): 191186, St. Petersburg, Griboedov Channel Embankment 6/2 Letter A

Payment details:

INN 7728168971, Branch "Sankt-Peterburgsky"

OJSC "Alfa-Bank", c / a 30101810600000000786

BIC 044030786

Phone / fax: 314-89-62 / 329-80-60

 

THE PLEDGEE:

 

TOT MONEY Ltd. PSRN 1127746225540

Location: 127220, Moscow, 1st Kvesisskaya
Street, h. 9

Address for correspondence:

191119, St.
Petersburg, 82 Marat St.

Payment details: INN 7714868349,

s/a 40702810602720000110, Additional Office
“Kutuzovsky"

OJSC "Alfa-Bank"

c / a 30101.810.2.00000000593
in Operational Administration of Moscow Main Territory Administration of the Bank of Russia, BIC 044525593

Phone / Fax: _________________

 

8. SIGNATURES

 

THE PLEDGER

 

General Director

 

/s/ Katsaev                    (Katsaev T.H.)

/Seal/

 

THE PLEDGER

Relationship Deputy Director

Branch "Sankt-Peterburgsky"

 

/s/ Sokolov A.G.         Sokolov (A.G.)

 

Chief accountant

 

/s/ Belousova S.G.      (Belousova
S.G.)

/Seal/

 

    	 

    	 	

    

 

Appendix No. 1

to the Pledge agreement No. 00VL3Z001

of August «17», 2012

 

Additional agreement No. 00VL3Z001

to the Pledge agreement No. 00VL3Z001

of August «___», 2012

 

	city___________	«___» ______ 20___

 

OPEN JOINT-STOCK COMPANY "ALFA-BANK"
(PSRN____________), hereinafter referred to as the Pledgee, represented by _________________, acting on the basis of_______________,
on the one hand, and the Limited Liability Company "TOT MONEY" (OGRN 1127746225540), hereinafter referred to as the Pledger,
represented by __________________, acting on the basis of___________________, on the other hand, hereinafter referred to as the
Parties, have concluded the present Additional Agreement to the Pledge agreement No. 00VL3Z001 of August «___», 2012
hereinafter – th Pledge agreement, as follows:

 

1. To add to Paragraph 1.1 of the pledge
agreement the following paragraphs:

"In accordance with Additional agreement
No. 00VL3T_______ of «__» ______ year _______ to the Credit Agreement, the Pledgee provides the Credit for the amount
of ____________ (_______________________) Russian rubles with the grant date of «__» ______ ______year and the maturity
date «__» ______ year _______, with the payment of interest on the Credit at a rate of

 

The Pledger has the right to prepay the
Credit, provided in accordance with Additional agreement No. ___ of «__» ____ year 20___ to the Credit agreement.

 

2. To ensure the timely repayment of the
Credit, referred to in Paragraph 1 of this Additional Agreement, the payment of interest on the Credits and other payments stipulated
in the Credit Agreement and the Additional Agreement to it of «__» _______ year 20____ No. 00VL3T_______ (including
execution of obligations on payment of interest in the changed amount in the cases specified in Paragraph 1.1.6 of the Pledge agreement,
compensation for losses caused to the Pledgee, improper execution of the Credit Agreement and the Additional agreement to it of
«__» _______ year 20____ No. 00VL3T_______), the Pledger transfers to the Pledgee as security rights under the bank
deposit agreement signed between the Pledger and the Pledgee, No. __________ of «__» _______ year 20____ (hereinafter
- the Bank Deposit Agreement) to refund the deposit amount of _______________ (___________________________________) Russian rubles
(hereinafter - the Deposit), which is placed on the Deposit account of the Pledger No. _______________, open by the Pledger (hereinafter
- the Account), and receive interest on cash funds in the Deposit (hereinafter - the Property rights).

 

2.1. The Deposit returns to the Pledger
after receiving a written request of the Pledger of its return, but not before reaching the total amount of accrued interest and
possible penalties equal to ________________________ (__________________________) Russian rubles.

 

2.2. For the use of cash funds in the Deposit,
interest are counted at the following rate:

- For the period from the day following
the day of receipt of the Deposit onto Account on the day of reaching the amount of accrued interest and possible penalties in
the total amount referred to in Paragraph 2.1 of this Additional agreement - at a rate of ___% (___________ percent) per annum;

 

- For the period from the day following
the day of reaching the amount of accrued interest and possible penalties in the total amount referred to in Paragraph 2.1 of this
Additional Agreement, the day of the return of the Deposit inclusive - at the rate of 1⁄2 of the existing Pledger’s
deposit rates for individuals poste restante during this period.

 

In case of reducing the amount of deposit
or a return to the procedure specified in Paragraph 2.3 of this Additional Agreement, the Pledgee shall recalculate the amount
of interest accrued on the Deposit as provided for in Paragraph 4.5 of the Bank deposit agreement (Paragraph included for deposits
"without the right to early withdrawal " in accordance with Section 12.4 of the Rules of attracting deposits (deposits)
for legal entities).

 

2.3. The Pledger provides the Pledgee the
right to reduce the Deposit or return to the Pledger the Deposit without the written statement of the Pledger and before the conditions
specified in Paragraph 2.1 above came in force, in cases in which the terms of the Additional Agreement of «__» _______
year 20____ , No. 00VL3T_______, the Pledger has the obligation to repay the Credit and interest submitted for the use of the Credit.

 

    	 

    	 	

    

 

2.4. At changing the amount of the Deposit
as provided in Paragraph 2.3 of this Additional Agreement, the Pledgee may unilaterally change the amount at which the Pledger
shall be entitled to a refund of the Deposit.

The Pledgee changes the Deposit amount
and defines a new total amount of accrued interest and possible penalties, after which the Pledger shall be entitled to a refund
of the Deposit in accordance with Paragraph 2.1 of this Additional Agreement, on the date of the circumstances, which is in accordance
with the terms of the Bank deposit agreement a basis for changing the Deposit amount (hereinafter - the Conversion Date).

The Pledgee shall notify the Pledger in
writing no later than the second working day after the date of conversion about changing the Deposit amount, as well as about the
new total amount of accrued interest and possible penalties, after which the Pledger is entitled to return the deposit in accordance
with Paragraph 2.1 of this Additional Agreement.

 

3. The totality of the rights of the Pledger
based on the Bank deposit agreement for disposal of cash in the amount specified in Paragraph 2 of this Additional Agreement, shall
constitute the amount of property rights (hereinafter - The amount of property rights), which are on the pledge.

 

4. Value of property rights shall be determined
by the agreement of the Parties for the amount of _________________ (__________________________) Russian rubles.

 

5. Availability by the Pledgee rights for
the Bank deposit agreement shall be supported by the following documents:

- bank deposit agreement No. _______________
of «__» _______ year 20____ ;

- _______________________________ (other
documents, including acts, etc.).

 

6. In all other respects the terms of the
Pledge agreement remain unchanged and are applicable to the Pledger and the Pledgee without restrictions.

 

7. This Additional Agreement enters into
force from the date of its signing by the Parties and is an integral part of the Pledge agreement.

 

8. This Additional agreement is made in
2 (two) copies, one for each party. Each copy has the same effect.

 

PLEDGER

_____________ (_________________)

/seal/

 

PLEDGEE

 

_____________ (_________________)

/seal/

 

Chief Accountant

 

_____________ (_________________)

/seal/

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