1. The Defendants are jointly and severally liable to the Plaintiff for payment of KRW 107,199,254,467 and the above amount of KRW 107,190,198.

Description of Claim

On August 17, 2010, the Plaintiff entered into a lease agreement with Defendant Sungjin ethyl Co., Ltd. (hereinafter “Defendant Co., Ltd.”) with the lessee, which is KRW 460, KRW 121,434,530, monthly rent of KRW 3,184,20, KRW 366, annual overdue interest rate of KRW 25%, and Defendant A jointly and severally guaranteed the Defendant Co., Ltd’s obligation to the Plaintiff under the lease agreement.

As of October 17, 2014, the obligation under the lease agreement of the defendant company, including overdue rent, is KRW 199,254,467 (principal KRW 107,190,198).

Articles 208(3)3 and 194 of the Civil Procedure Act of the Defendant Company subject to applicable provisions of Acts (a judgment by service by public notice) Articles 208(3)2 and 150(3) (a) of the Civil Procedure Act of the Defendant A’s Civil Procedure Act