1. The defendant shall be the plaintiff.

A. As to construction machinery listed in the separate sheet, the reason for the termination of title trust on May 17, 2019 is limited to the cancellation of title trust.

1. Facts of recognition;

A. The Plaintiff acquired ownership of construction machinery by acquiring ownership of the construction machinery, as a corporation that runs a breakwater axis business, a structure dismantling work, and dredging business, etc., and on March 9, 2010, the construction machinery indicated in the separate sheet (hereinafter “instant construction machinery”) (hereinafter “instant construction machinery”).

B. On December 24, 2014, the Defendant’s letter of undertaking, etc., as to the instant construction machinery (hereinafter “instant letter of undertaking”) is deemed as follows to the Plaintiff on December 24, 2014.

(2) The Defendant, as of January 19, 2015, prepared a title trust agreement (hereinafter “instant title trust agreement”) with the Plaintiff on December 1, 2015, stating that the instant construction machinery shall be transferred to the Defendant on December 1, 2014 upon the termination of the special agreement for repurchase; however, the Defendant, as of January 1, 2015 to December 30, 2016, requested for the extension of ownership due to personal circumstances, provided that the principal (the Defendant) shall pay interest on the corporate bank (215,00,000) as at the end of each month. The key content is as follows.

Title Trust Agreement

1. Although the instant construction machinery is registered as construction machinery of Eul (the plaintiff, hereinafter the same) for the needs of Eul (the plaintiff, hereinafter the same), the actual owner recognizes the dredging appointment of Gap (the defendant, hereinafter the same shall apply).

2. A shall borrow 215,00,000 won to B, and in the case of a change of vessel name, 215,000,000 won shall be repaid.

3. A shall agree to set up KRW 300,000,000 at the Busan Station of the Bank on the instant construction machinery for the purpose of borrowing KRW 215,00,000 from B.

4. B is only the name of the ship, and all those arising from the management and operation, including operation, inspection, insurance accidents, taxes and public charges.

5.In principle, notice six months prior to the cancellation of this contract shall be given and arranged by both parties in consultation, and this contract shall be renewed on an annual basis.

Provided, That this shall not apply to banks, such as banks and inspection.