A. On July 14, 2010, the Plaintiff entered into an agreement with the Defendant on July 14, 2010, which included the following contents in the subcontract for the “Eleva Construction Co., Ltd. (hereinafter referred to as the “instant construction”)’s “Empic ore-specific material processing capacity YIGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG.

(hereinafter referred to as the “instant construction contract”).

6. Terms and conditions of payment;

(a)Advance 29.2 million won (20% of the contract amount, separate value-added tax), and payment after entering into a contract;

(b)beon first 87.6 million won (60% of the contract amount, separate value added tax), and payment after completion of production;

(c) any balance of 29.2 million won (20% of the contract amount, separate value added tax), payment after completion of the examination;

7. Contract bond: 14.6 million won;

8. Warranty bond rate: 10 percent;

9. Warranty Period: 36 months: This Agreement shall be based on the aforementioned three-month terms and conditions of the subcontract for construction works, design drawings and specifications.