A. From 2012 to 2014, the Defendant, who operates a private company in Gangseo-gu Busan, called “C”, supplied piping parts, etc. to the Plaintiff, a company operating piping materials business, etc. from 2012 to 2014, filed a lawsuit against the Plaintiff seeking payment with the Busan District Court 2014No2739, as the price for the goods was not paid.

B. On June 27, 2014, the conciliation case No. 2014s. 11837, which was proceeding in the instant case, a decision in lieu of conciliation was issued as follows (hereinafter “instant decision”). The Plaintiff and the Defendant were served and did not raise any objection thereto, and became final and conclusive on July 17, 2014.

[Disposition of the Decision of this case (main text, abstraction)]

1.(a)

The Defendant shall pay KRW 64,347,450 to the Plaintiff, and in installments, KRW 6 million out of the said money shall be KRW 2,00,000 as of the end of each month from July 2014 to September 2014, and KRW 40 million out of the said money shall be paid KRW 20,000 as of the end of each month from October 2014 and November 2, 2014, and the remainder KRW 18,347,450 on December 31, 2014. < Amended by Act No. 12955, Dec. 31, 2014>

B. If the defendant delays the payment on one occasion at the above payment date, he/she shall lose the payment interest, and shall pay damages for delay at the rate of 20% per annum from the day following the due date to the day of complete payment.

(hereinafter omitted)

C. After the above decision, the Plaintiff issued a promissory note to the Defendant or transferred the account to the Defendant as indicated in the table below.

(1) The issuance of a promissory note with the maturity of August 1, 2014, KRW 1,00,000, KRW 20,000 on August 1, 2014; and (2),00,000 on September 1, 2014; and (3) the issuance of a promissory note with the maturity of August 1, 2014, KRW 200,000 on September 20, 2014; and (4) the issuance of a promissory note with the maturity of September 30, 2014, KRW 00,000 on September 11, 2014; and (5), KRW 6,00,00,000 on account transfer with the maturity of KRW 5,50 on November 28, 2014; and (4) KRW 6,00,000 on August 24, 2014;