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1. The Defendant’s reason for termination of the title trust on August 22, 2018, on the motor vehicles listed in the separate sheet from the Plaintiff.
Reasons
1. Facts of recognition;
A. The plaintiff is a company established on May 27, 1995 for the trucking transport business.
Article 1 (Basic Principles) (1) A truster and trustee shall enter into an entrustment contract on an equal footing and perform the contract in accordance with the mutual interest respect and the principle of good faith.
(2) In implementing this contract, a truster and trustee shall comply with relevant Acts and subordinate statutes, such as Trucking Transport Business Act.
(3) This contract is a contract that provides for the basic matters concerning the entrustment contract for the management of trucking transport business between the trustor and the trustee, and that is contrary to the terms and conditions of this contract shall take precedence over the provisions of this contract, and may provide for a separate special agreement on an equal basis between the trustor and the trustee with regard to matters not provided
Article 3 (Period and Renewal of Contract) (1) The term of validity of this contract shall be two years (at least two years) from the date of conclusion, and the same content shall be deemed to have been automatically extended unless the truster or trustee expresses his/her intention to cancel the contract at the expiration of the term.
(2) Other matters concerning the renewal of a contract shall be governed by the provisions of Article 40-2 of the Trucking Transport Business Act.
Article 4 (Amendment of Contracts) Where it is inevitably necessary to modify a contract due to the occurrence of reasonable and objective reasons, the truster and trustee may modify the contract in writing with their signatures and seals under mutual agreement.
Article 5 (Relationship between Payment of Money and Claims) (1) A trustee shall pay to the truster the management expenses of KRW 160,000 (monthly standard and surtax separate) by no later than the 25th day of each month in consideration of the truster's vicarious performance of the transportation business, such as all administration.
(2) A truster shall immediately issue a tax invoice under the pretext of value-added tax on management expenses paid by a trustee.
(3) A trustee shall engage in trucking transport business.