(hereinafter “instant loan contract”). The main contents of the instant loan contract are as follows.

4) As a result of the survey of the first project site on May 12, 2013, the Plaintiff and the Defendant entered into an agreement to adjust the land sale price (7.9 billion won from KRW 8.5 billion to KRW 7.1 billion) and the loan (7.1 billion from KRW 6.5 billion under the sales contract).

Since then, as a result of the actual measurement of the first project site on September 9, 2013, the Plaintiff and the Defendant changed the usable area into 92,01 square meters in the instant sales contract, and entered into a supplementary agreement to change and determine loans as KRW 6.95 billion in terms of the instant loan contract, with the size of land as KRW 92,01 square meters in the instant sales contract, and KRW 8.05 billion in the sales amount.

Article 1 Basic Status of Joint Ventures Development Projects

1. Address of the project site: At Jeju, H 17 parcels;

2. The state of land: approximately 330,00 square meters: * Jeju 60,496 square meters for Jeju viewing, I* 20,727 square meters for the Korea Forest Service, J* 3,471 square meters for private land, K* 50,927 square meters for private land, and L (13 percent for an individual among them).

3. The name of the two banks’ joint ventures shall be “M”.

Article 2 Subject to the premise of the Joint Venture, the following matters are responsible for and dealt with, and bear the costs.

1. B B shall purchase the land in the project site prior to the acquisition of the authorization for the specialized resort complex, and purchase the Jeju Viewing Service, the Korea Forest Service, and the private land in the project site, and shall change the ownership of the foregoing land to A;

2. Change of land ownership. B must change the ownership of land in a project site by September 1, 2014, which has already been entrusted to the F Trust Company to A, the ownership of land of 240,321.25 square meters.

The ownership of other remaining sites in the project site shall also be changed to A before the approval of the specialized resort complex is acquired.

B must submit written data that there is no relationship between the project site and the rights and interests of the members of B.

The representative of B shall certify this Agreement.