A. On November 10, 2014, the Defendant entered into an agency service contract with D who represents the C Regional Housing Association to be established in the future under the Housing Act, with respect to the new construction and sale of apartment units on the land of 44,553 square meters in Chungcheongnam-gun, Chungcheongnam-do, Chungcheongnam-do, and with respect to the new construction and sale of apartment units, such as the recruitment of members, the purchase of land, and the formulation of a project plan.

B. On November 2014, the Defendant: (a) contracted to the Plaintiffs the purchase service of the land of 41,313.75 square meters in total and its ground buildings (hereinafter “instant project site”); and (b) on November 10, 2014, deposited the “sale agreement amount” of KRW 500 million into the Defendant’s account in the name of the owner of the land.

C. The Plaintiffs, from November 12, 2014 to December 16, 2014, performed the business of purchasing the instant project site from November 12, 2014, and concluded a sales contract for the remaining 37 parcels of land, excluding each parcel of land listed in the separate sheet, out of the instant project site.

The area of the above 37 lots of land for which a sales contract was concluded is about 95.8% of the total area of the project site of this case.

Article 3 (Scope of Services) Upon entering into this Agreement, the scope of services to be purchased by the plaintiffs shall be as follows:

1. Conclusion of a contract for goods to be purchased;

4. Examination of appropriate purchase scheme - Contract period of the land purchase service as provided in Article 4 (Period of Service Contract) of the Terms and Conditions of Purchase and Payment shall be from the date of execution of the contract to the date of conclusion of the contract for total purchase, and shall not exceed one month;

Provided, That this shall not apply where the plaintiffs and the defendant have agreed during the contract period as deemed necessary.

Article 6 (Land Purchase Amount)

1.The total purchase amount of this purchase shall not exceed 26 billion won.

Provided, That the state and public land shall be purchased at the responsibility of the defendant.

2. The difference between the total purchase cost and 26 billion won.