1. The defendant's appeal is dismissed.

2. Text 1-b of the judgment of the first instance; and

The paragraph shall be subject to the reduction of claims in the trial.

1. Basic facts

A. On June 20, 2006, the Plaintiff entered into a credit guarantee agreement with the Co-Defendant A Co-Defendant A (hereinafter “A”), setting a guarantee period of KRW 127,500,00 with respect to the obligation to be borne with a loan from an enterprise bank (hereinafter “the first loan”), from June 20, 2006 to June 19, 2007, and the guaranteed amount of KRW 127,50,000 (the guarantee period shall be changed to June 15, 2012; hereinafter “the first credit guarantee agreement”); ② on May 21, 2008, A Co-Defendant A shall bear the guarantee period of KRW 50 (hereinafter “the second loan”); and ② on May 21, 2008, A Co-Defendant A shall bear the guarantee period of KRW 150 (the second credit guarantee agreement) as the guarantee period of KRW 20 (the second credit guarantee agreement).

B. At the time of each credit guarantee agreement of this case, A agreed to pay immediately the unpaid guarantee fee, delay guarantee fee, and penalty as well.

C. On September 18, 2011, A caused a credit guarantee accident to a natural body. Accordingly, the Plaintiff’s subrogation pursuant to each of the credit guarantee agreements in this case, = KRW 225,983,289, supra, in total, to a corporate bank on December 21, 201.