1. Between the Plaintiffs and the Defendant:

A. Attached 1 states that the Plaintiffs are in the position of AP consortiums VIP regular members.

1. Facts of recognition;

A. The Defendant is a company that operates a AP consortium golf course in Gyeongnam-gun AP compound (hereinafter “instant golf course”).

B. The Plaintiffs enter into a membership agreement with the Defendant (hereinafter “instant membership agreement”) and are members of the instant golf course.

(The Plaintiffs in attached Form 1 shall be VIP regular members and the Plaintiffs in attached Form 2 shall be regular members). In the case of members of the instant golf course, the Plaintiffs may use the golf course and incidental facilities under more favorable terms than the general public, instead of paying the prescribed amount of admission.

C. The main contents of the rules of the instant golf course are as follows.

Article 10 Visits

1. The applicant for membership of this club shall submit to the Company an application for prescribed membership and deposit the prescribed membership fees to the Company after obtaining approval from the Company.

2. A person who completes all the above matters shall be qualified for membership by obtaining a membership certificate;

Article 11 Enrollments

1. A membership fee shall be collected with no interest for five years from the company, shall be returned without delay only to the principal present at the time of the withdrawal, and where an event of force majeure, such as natural disasters, occurs, the return of the membership fee may be deferred for a certain period of time

Article 12 Transfer and Acquisition of Membership Rights

1. Transfer and acquisition of membership rights shall be subject to prior approval from the company;

Provided, That in this case, the person's opening fees determined by the club shall be paid according to the prescribed application form.

3. Matters concerning the transfer, acquisition, etc. of members may be refused pursuant to relevant Acts and subordinate statutes and company policies;

If a member subject to restrictions on membership under Article 14 falls under any of the following items, his/her qualification may be temporarily suspended or expelled by a resolution of the board of directors:

1. Where he/she violates his/her obligations as a member;

2. When he/she delays the payment of various charges, etc. for not less than three months;

5. When he damages the honor or disturbs the order of this club;

6.This club.