1. The plaintiffs' appeal, the plaintiffs' claim for nullification added in the trial, and the defendant's appeal are dismissed.

1. Basic facts

A. The Defendant is a corporation established for the purpose of collecting, transporting, recycling waste, and selling refined fuel oil.

Plaintiff

A is a person who actually established the Defendant, and Plaintiff B is the wife of Plaintiff A, and Plaintiff D, C, and E are children of Plaintiff A and B (hereinafter “Plaintiff husband and wife”). The Plaintiffs are all the shareholders of the Defendant.

G, the present representative director of the defendant, is the husband of H, the female of the plaintiff A.

B. The Plaintiff’s husband and wife, who had owned 20,000 shares of the original Defendant, was in management of the Defendant, transferred 50% of the shares of the Defendant to G husband and wife around November 2009, and the Defendant’s representative director also transferred to G.

Accordingly, on December 1, 2009, G became the Defendant’s representative director, and around January 201, 50% of the Defendant’s shares were transferred to G married couple. As a result, the Defendant’s shares were owned in proportion to Plaintiff A20% (4,00 shares), Plaintiff B30% (6,00 shares), H40% (8,00 shares) and G 10% (2,00 shares).

C. The articles of incorporation (Evidence A No. 1) of the previous Defendant on December 2, 199 provided that “the total number of shares to be issued shall be 20,000 common shares.”

The Defendant (Representative G) prepared the minutes of the extraordinary general meeting of shareholders on May 17, 2010. The minutes include the following: “three (16,000 shares) from among the total shareholders (20,000 shares) attend the meeting and stipulate that “3 (16,000 shares) shall be the same as the attached Table 1 (Article 5 shall be the total number of 50,000 shares, including 40,00 shares of the general shares)” and “The consent to the resignation of the director I” (Article 5 shall be the total number of 50,00 shares). The Plaintiff’s seal imprint affixed thereon.

(A) No. 2-1, 2) d.

Plaintiff

On August 30, 2010, husband and wife filed a lawsuit against the Defendant seeking confirmation of invalidity of a resolution of a provisional shareholders’ meeting as of May 17, 2010 ( Daegu District Court 2010Gahap9041), and on November 24, 2010, G, H, and J (the husband of the Plaintiff’s other female student K) made an agreement (A evidence 4; hereinafter “instant agreement”) with the following contents.