1. The Defendants shall pay 30 million won each from the Plaintiff and 5% per annum from November 14, 2018 to the date of complete payment.

1. Basic facts

A. The Plaintiff is a cooperative established on March 10, 2014 for the purpose of providing consumers with overall conditions, such as the distribution of products related to high-tech industrial products and provision of information, and promoting the economic status of its members and the stable development of the local economy. The Defendants are union members of the Plaintiff Union.

Plaintiff

The main contents of the articles of incorporation are as follows:

Article 1 (Establishment and Title) This association is established by the Small and Medium Enterprise Cooperatives (hereinafter referred to as the “Act”) and refers to the “M association” (hereinafter referred to as the “association”).

(1) Members shall be those who participate in the intended business under Article 2 from among the small and medium enterprises under Article 2 (1) (including the small and medium enterprises under paragraph (3) of the same Article) of the Framework Act on Small and Medium Enterprises.

(2) In order to facilitate the operation of a business, the cooperative may become its members, in addition to those under paragraph (1).

In such cases, the number of members of another type of business shall not exceed 20/100 of the total number of members of the same type of business.

Article 26 (Regular General Meeting) The ordinary meeting shall be held within two months after the end of each business year.

Article 27 (Special General Meeting) (1) An extraordinary general meeting shall be convened by the president in any of the following cases:

1. The chief director and the board of directors deem it necessary;

Article 29 (Matters to be Resolved at General Meeting) (1) The following matters shall undergo a resolution at a general meeting:

10. Acquisition and disposal of real estate. (2) Matters falling under subparagraphs 3, 5, 10 and 12 among those falling under any subparagraph of paragraph (1) may be entrusted to the board of directors with the disposal thereof by a resolution of the general meeting;

Article 30 (Method of Resolution at General Meeting) (1) Except as otherwise expressly provided for in Acts and subordinate statutes, articles of incorporation or regulations, a majority of all members shall constitute a vote, and make a decision with the consent

§ 36.