1. The Defendant (Counterclaim Plaintiff) paid KRW 398,00,000 to the Plaintiff (Counterclaim Defendant) and its related amount from March 27, 2012 to November 14, 2012.

A principal lawsuit and a counterclaim shall be deemed simultaneously.

1. Facts of recognition;

A. The Defendant as the parties (the change from B to A corporation on January 13, 2012) is a contractor who ordered the new construction work of a factory as a company aimed at the wholesale business of safety goods and miscellaneous materials, and the Plaintiff is a contractor who is awarded a contract for the new construction work of a factory from the Defendant for the purpose of civil engineering, construction work, and housing site preparation business.

B. (1) On August 2, 2011, the Plaintiff entered into a construction contract with the Defendant, setting the construction cost of KRW 1,500,000,00 (excluding value-added tax) with respect to the construction work that newly constructs a factory (hereinafter “instant factory”) on the ground of Ulsan-gun, Ulsan-gun, Ulsan-gun, with the Defendant, as follows (hereinafter “instant construction contract”).

Standard contract forms for private construction works.

1. Construction name: New construction of a factory B;

2. Place for construction: Ulsan-si C

3. Commencement of a construction period: Additional tax rate of KRW 1,500,000,000 for a daily contract amount on October 30, 2011 (one thousand five hundred,00,000).

5. Prepaid ginseng: Daily gold ginseng (300,000,000 won).

7. Period of warranty liability: Article 19 (Payment of Price) (1) of the General Conditions of the Contract for Construction Works for Two years (Payments)

(2) The defendant shall pay the price for construction simultaneously with the delivery of the object of the contract, unless otherwise stipulated.

(3) Where the payment of the contract price is not made by the due date, the defendant shall pay the unpaid amount by applying the overdue interest rate applied to general loans from commercial banks to the number of days from the day following the due date of payment.

(2) After December 1, 2011, the Plaintiff’s construction period is KRW 1,450,00,000 (value-added tax) between the Defendant and the Defendant, and the construction period is from December 1, 2011 to December 1, 2012.