1. The defendant against the plaintiff A,

(a) Of note 402,300,000, the entry in the Schedule 1 from March 25, 2014 is angled.

1. Basic facts

A. On December 17, 2012, the Defendant: (a) concluded a construction contract with the Plaintiff for a new urban residential housing unit E (hereinafter “E”) with the construction cost of KRW 611,00,000,000; and (b) the construction period from December 17, 2012 to April 30, 2012 (hereinafter “first contract”); (c) concluded a construction contract with the Plaintiff for a new urban residential housing unit E (hereinafter “G”) with the same terms and conditions as the construction cost of the new construction project; and (d) concluded, from the Plaintiff B, a construction contract with the same terms and conditions as that of the construction cost of the new urban residential unit E (hereinafter “E”) with the construction period of KRW 50,00,00,000; and (e) the construction period of the new construction contract with the same terms and conditions as that of the first contract.

Since then, the defendant and the plaintiffs changed the completion period of each contract as stipulated in the first and second contracts by July 30, 2013, respectively.

B. The Defendant failed to complete the construction by the deadline for the completion of the construction in question, and the Plaintiffs and the Defendant, on October 22, 2013, details of the implementation agreement under Article 1 A (referring to the Plaintiff; hereinafter the same shall apply) as follows.

1. With respect to the work for which Eul (referring to the defendant; hereinafter the same shall apply) is contracted to Gap and is performing construction work for E and G, Gap shall not be responsible for any defects and management;

2. From October 15, 2013, “A” shall not participate in all the construction sites of “B”, “B” shall bear all the necessary construction costs after the completion of its commitment and shall not require “A” to cover construction costs.

Article 2 (Contents of Implementation Arrangements)

1. B must promptly proceed with the completion of the inspection.

3. Eul shall, upon completion of a completion inspection and issuance of a construction permit, pay Gap the purchase price of E and G to KRW 1,050,000,000, and shall be paid for bank loans, and if any balance is insufficient, only KRW 100,000,000 and the payment deadline shall not exceed 90,000.

4. B shall, after the completion inspection and the letter of permission for construction have occurred, pay to A KRW 1,050,000 for purchase price of E and G after the occurrence of bank loans.

(Sicker omitted)

5. Eul's above two paragraphs 4.