1. The defendant shall receive KRW 2,610,00,000 from the plaintiff, and at the same time, shall be 38,583 square meters of B forest land in Nam-si, Namyang-si, the plaintiff.

1. Facts of recognition;

A. The Plaintiff (1) concluded a sales contract with the Defendant (seller) on May 29, 2015, setting the sales price as KRW 2,900,000,000 as the main purpose of the business of developing and selling the electric housing complex, and on July 6, 2015, the Plaintiff (Buyer) paid KRW 290,000,000 as the down payment to the Defendant on the same day pursuant to the contract (hereinafter “instant contract”), and paid KRW 290,00,000 as the down payment to the Defendant on the same day.

(2) In order to develop the instant real estate as a whole housing complex at the time of the contract, the Defendant shall obtain permission for conversion of mountainous district, permission for development, permission for construction, etc., and obtain consent from the owner of the access road site. However, even if it is difficult in the process of such administrative procedure, the Plaintiff and the Defendant requested to change the issue at the time of the payment of the balance later. The Plaintiff and the Defendant

1. At the time of the conclusion of this contract, the seller shall decide to accept the conversion of a part of the real estate (1,000 square-1,50 square-1,50 square-) in the name of the seller and shall transfer the right of authorization and permission related thereto to the buyer free of charge in full

2. All expenses required under paragraph (1) of this Article shall run at the buyer's expense.

3. A seller shall deliver to a purchaser (such as a letter of consent for road designation, certificate of personal seal impression, etc.) all necessary documents for permission for conversion of mountainous district, change of use of land, development of land of this land, and authorization and permission at the time of this contract, and deliver immediately a purchaser’

4. When entering into a contract, a seller shall hand over to the purchaser a written consent for the use of the land which is connected with the main real estate and access roads to the main real estate, and received from the neighboring landowners;

6. This Agreement shall not be charged to the seller for any obligation without connection with the authorization and permission, and shall be within the remainder of time limit.