1. The plaintiff's claim is dismissed.

2. The costs of lawsuit shall be borne by the Plaintiff.

1. Basic facts

A. The Plaintiff is a company established for the purpose of real estate development business, etc., and the Defendant is the owner of 1,854 square meters in Ansan-si Co., Ltd. (hereinafter “instant land”).

The defendant (owner) shall designate a plaintiff, etc. as a project undertaker with respect to the permission and development activities for the land in this case, and shall prepare this agreement.

1. Indication of real estate to be constructed: Land in this case;

2. (1) Development of a new construction work and all the acts of sale incidental thereto by the plaintiff, etc. (2) development of a new construction work and all the acts of sale incidental thereto (3) development activities and conclusion of a contract related thereto (4) settlement and receipt of the purchase price incidental thereto (5) settlement and receipt (6) appointment of an agent for applying for registration (7) transfer registration of ownership;

3. Purpose: The Plaintiff, etc. newly constructs and sell three units of Bara on the instant land owned by the Defendant.

4.(1) The total amount of the land price paid: 5.61 squareized amount of the land price: 89.7.6 million won in total: The amount of the land price paid at KRW 89.6 million in total: The amount of the land price paid at KRW 15.5 billion in total after deducting the amount of the term loan at KRW 15.7.6 million: The amount of the actual land payment at KRW 74.7.6 million in total after the completion of the structural construction; the land price shall be paid at first and transferred from the amount of the land bond at KRW 7.7.6 million in total;

5. A permit and construction work progress (1) The defendant, as a project owner, shall receive in good faith all the documents of the permit progress to the competent authority.

(2) The plaintiff et al. shall preferentially pay all the costs associated with the permitted process on behalf of the project owner.

(3) The construction cost shall be covered by the Defendant’s loans and the Plaintiff’s own funds.

(4) Accordingly, the Defendant, as the owner, shall fully cooperate with all matters necessary for the loan, such as the documents, body and self-written form.

(Provided, That even if a small amount of the construction cost is loaned, the defendant agrees to all the acts of permission/construction by the plaintiff, etc. and loans before and after completion.

(v)the financial interest of the loan; and