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(영문) 수원지방법원성남지원 2016.02.16 2014가단225198

보증금반환

Text

1. The Defendant’s KRW 100,000,000 as well as 20% per annum from December 2, 2014 to September 30, 2015 to the Plaintiff.

Reasons

1. Basic facts

A. The Plaintiff is a Canadian corporation established on August 6, 2009, and the Defendant is a company that produces and sells screen golf.

B. On August 15, 2009, the Plaintiff and the Defendant concluded an agency contract (hereinafter “instant agency contract”) containing the following contents.

- - The Defendant (A) and the Plaintiff (B) shall be referred to as “the products of Party A’s “the products of Party A” with “the products of Party A’s product.”

"A contract shall be entered into as follows with respect to the sale as Eul's store."

Section 1 (Purpose) B is a sales store of Party A and sells this product in all areas of Canada.

A shall sell this product to B continuously under this Agreement, and B shall purchase this product for the purpose of selling it to B.

Section 6 (Obligations of Section 6 (B) Upon the conclusion of this Agreement, Section B bears the following obligations:

(1) At the time of the conclusion of this Agreement purchase not less than 3 sets of this Products.

Section 7 (1) (B) In order to ensure the observance and performance of each of the provisions of this Agreement, Section 7 (1) (B) shall pay A 100 million won as security deposit at the same time as this Agreement is concluded.

(2) The above contract performance guarantee shall remain effective for the duration of this contract.

(3) A may cover part or all of the limit of the performance bond when there is a debt to B during the contract period.

(4) If, under the preceding paragraph, Party A appropriated all or part of the performance bond for performing the contract to Party B for performing its obligation during the contract period, Party B shall promptly supplement the deposit upon Party B’s request.

Article 16 (Effective Term) The effective term of this Agreement shall be two years from August 15, 2009 to August 14, 201.

Provided, That where a notice of change or cancellation is not given in writing to each party by no later than two months before the expiration, A or B shall be automatically extended every year.

Article 21 (Matters of Special Agreement) In addition to the general provisions of the above contract, A and B shall contain the following: