1. Of the instant lawsuits, 51,274,260 won and any part of the claim for damages for delay from May 12, 2012 shall be dismissed.

2...

1. Basic facts

A. A district land readjustment project (hereinafter referred to as “instant project”) - Decision and public notice of an urban planning project zone on July 3, 1998: Incheon Metropolitan City public notice C- Incheon Metropolitan City’s establishment and project implementation authorization on July 13, 2002: public notice D- Incheon Metropolitan City public notice E- Jung-gu Incheon Metropolitan City public notice E- authorization of establishment (change) and project implementation (change) on May 29, 2007: public noticeF - authorization of a land substitution plan (change) and a land substitution plan (change) on October 4, 201, not a replotting disposition.

Public Notice of Incheon Metropolitan City - Public Notice of replotting on October 24, 201

B. The Plaintiff as a party is a cooperative that received project implementation authorization under the former Land Readjustment Projects Act (amended by Act No. 6252, Jul. 1, 2000; hereinafter the same). The Defendant, as the Plaintiff’s member, is a person who received a substitute land for the land of 688 square meters with respect to the land of 736 square meters in Incheon Jung-gu, Incheon, where the Defendant and H respectively owned 1/2 shares due to the instant land substitution disposition.

C. The definitions of terms used in the Plaintiff’s articles of incorporation under Article 3 (Definition) of the Plaintiff’s articles of incorporation are as follows.

5. The term “rights area” means the area obtained by deducting the bearing area from the previously owned area under the land substitution plan; and

8. The term “settlement money” means the payment of reduced area to landowners where an area for replotting is smaller than an area for right.

Article 21 (Matters to be Resolved by General Meeting) The following matters shall undergo a resolution at a general meeting:

1. Amendment of the articles of association;

2. Alteration of the business plan;

3. Method of borrowing funds, interest rate, and method of repayment;

4. Revenue and expenditure budget and settlement of accounts;

5. The amount of dues and methods of collecting dues;

6. Construction plan and land substitution plan;

7. Designation of reserved land for replotting;

8. Determination of disposal methods of land allotted by the authorities in recompense for development recompense and approval for sales contracts;

9. Appointment of officers and delegates;