A. The Plaintiff is a company established for the purpose of manufacturing, selling, installing and repairing goods handling equipment and related products, and the Defendant is a company established for the purpose of construction business, etc.

B. On March 12, 2014, the Plaintiff was awarded a contract for manufacturing, selling, and installing an elevator with the Defendant for the payment period of KRW 63,250,00 (including value-added tax) and on June 10, 2014, for the payment period of KRW 63,250,00 (including value-added tax) and for the installation period of the above-mentioned building (hereinafter “the location of the instant installation”), and agreed with the Defendant as follows:

(hereinafter “instant contract”). Article 1 (Details of Contracts)

6. The separate payment rate (%) for the terms and conditions of payment (including won and value-added tax) equivalent to 30,975,000 cash intermediate payment contract: 60 37,950,000 cash intermediate payment site at the time of bringing into the site of the main materials for cash intermediate payment contract, 106,325,00 cash totaling 63,250,000 before seven days before the application for the completion inspection of cash balance.

C. On June 30, 2014, the Plaintiff brought the main materials necessary for the implementation of the instant contract into the location of the instant installation, including the main materials, and subsequently performed the considerable part of the instant contract.

2. According to the reasoning of the judgment above, the Defendant is obligated to pay to the Plaintiff damages for delay calculated at the rate of 20% per annum from April 22, 2015 to the day of full payment, which is the day following the delivery of the complaint.

3. The conclusion is that the plaintiff's claim is reasonable, and it is so decided as per Disposition.