1. The Defendant shall pay to the Plaintiff KRW 277,932,508 as well as KRW 110,00,000 among them, from August 21, 2014 to the date of full payment.

The defendant approved that the basic terms and conditions of bank credit transactions apply in conducting credit transactions with the non-party Korea Exchange Bank, and promised to the terms and conditions of the credit transaction agreement prepared by Korea Exchange Bank, and borrowed money with the following terms and conditions:

The credit limit amount: The term of August 8, 2007 agreement on the date of commencement of loan of KRW 920,000: the minimum rate of damages for delay: 14% per annum, and 19% per annum per annum on August 10, 2009, the defendant lost the benefit of time due to long-term delay. The plaintiff was transferred from the Korea Exchange Bank to the defendant as of June 18, 2009 all the rights incidental thereto, and the Korea Exchange Bank issued the notice of assignment of claims to the defendant on June 19, 2009.

The Plaintiff performed compulsory execution against the Defendant (In Incheon District Court B) and paid dividends of KRW 350,314,760 as part of the principal, and as of August 20, 2014, the obligation of KRW 569,685,240 as of August 20, 2014 plus the principal and KRW 869,715,191 as well as the attempted interest and KRW 1,439,40,431.

[Reasons for recognition] The defendant is obligated to pay to the plaintiff 277,932,508 won and 110,000,000 won among the above 1,439,400,431 won and damages for delay at the rate of 19% per annum from August 21, 2014 to the date of full payment.