1. The Defendants are jointly and severally and severally liable to the Plaintiff for KRW 395,196,879 and KRW 394,927,121 among them, from June 29, 2016.

Description of Claim

On July 30, 2014 and December 15, 2014, the Plaintiff entered into a lease agreement with Defendant A Co., Ltd. (hereinafter “Defendant Co., Ltd.”) on the lease cycle of the CNC sculptures, and had Defendant Co., Ltd deliver the leased object and use it for profit. Each of the above contracts was modified as indicated below on August 20, 2014 and December 18, 2015.

(hereinafter referred to as the “instant lease”). Meanwhile, Defendant B jointly and severally guaranteed the Defendant Company’s lease obligations under the instant lease agreement to the Plaintiff.

Classification: 33,33,33 p.m. on July 30, 2014; 4-6 p.m. on December 15, 2014; 33: 33,333 p.m. on December 30, 2014; 11-27 p.m. on July 19, 194: 19,04,639 KRW 3,944; 25% a.m. annually 25% a.m. on December 15, 2014; 33,333,333 p.m. on July 30, 207; 19,000 p.m.:

Accordingly, on June 27, 2016, the Plaintiff sent a written notification of the termination of the instant lease agreement to the Defendant Company, and on June 27, 2016, the remaining lease fee obligations to the Plaintiff of the Defendant Company calculated as of June 27, 2016 are KRW 395,196,879 (= Principal KRW 394,927,121).

Therefore, the Defendants are jointly and severally obligated to pay to the Plaintiff the remaining lease fees of KRW 395,196,879 and the principal of the lease fees of KRW 394,927,121 with interest rate of KRW 25% per annum from June 29, 2016 to the date of full payment.

Articles 208(3)1 and 257(1) of the Civil Procedure Act of the applicable provisions of Acts

3. Conclusion in favor of the Plaintiff