2. The costs of lawsuit shall be borne by the Plaintiff.

A. On October 19, 2017, the Plaintiff entered into a monetary loan agreement with the Defendant Company B (hereinafter “In-house director”) with a view to 50,000,000 won as interest rate of 8% per annum and with the due date of repayment fixed on December 29, 2017, and paid 50,000 won to the Nonparty Company.

B. On February 26, 2018, the Plaintiff and C, the de facto manager of the Nonparty Company, entered into a monetary loan modification agreement (hereinafter “instant modification agreement”) with the content that the repayment period stipulated in the said monetary loan agreement was changed to March 18, 2018, and the delay interest rate was set at 24% per annum, and on the other hand, the Plaintiff may enforce a compulsory execution against the Defendant’s property where the loan is not repaid even after the lapse of 30 days from the changed repayment date.

C. On March 19, 2018, Nonparty Company paid only KRW 15,000,000 out of the principal and interest of the loan to the Plaintiff.

【Ground of recognition】 Evidence Nos. 1 through 5, and the purport of the whole pleadings

2. The assertion and judgment

A. The plaintiff asserts that the defendant is obligated to pay 39,97,260 won the remainder of the principal and interest of the loan to the plaintiff according to the instant modified contract.

B. According to the above facts, the plaintiff may enforce compulsory execution against the defendant's property if the non-party company did not repay the loan in the modified contract of this case.

However, the instant modified contract is concluded between the Plaintiff and the non-party company. The mere fact that the Defendant is an internal director of the non-party company does not necessarily mean that the instant modified contract has an effect on the Defendant. There is no evidence to acknowledge that the instant modified contract has an effect on the Defendant.

Therefore, we cannot accept the Plaintiff’s above assertion that the validity of the instant modified contract is premised on the infringement against the Defendant.

3. The plaintiff's claim is reasonable.