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1. The Defendant: (a) 350,000,000 won to Plaintiff A; (b) 280,000,000 won to Plaintiff B; (c) 100,000,000 won to Plaintiff C; and (d) 200.
Reasons
1. Facts of recognition;
A. On October 8, 2015, the Plaintiff A and the Defendant drafted an investment agreement to make an investment of KRW 50 million to the Defendant on October 8, 2015, and the specific content thereof are as follows. Article 1 [Purpose and purpose of investment] Investor (which means each Plaintiff who has written the relevant investment agreement);
hereinafter the same shall apply.
)the funds invested by a business entity (as the defendant),
hereinafter the same shall apply.
(3) Article 2 of the part relating to the cost of the business related to the above 1 and 2 of the Act on the Aggravated Punishment, Etc. (1) The term of an investment agreement shall be one year from the date of receipt of the investment money. (2) The term of an investment money agreement shall be one year from the date of receipt of the investment money.
(2) A business operator shall pay to investors 2% per month an amount of monthly investment made with dividends accruing from investments.
(c)the amount of dividends may be adjusted through consultation with investors.
(3) If the period of an investment agreement expires, a business entity shall repay investment money to investors immediately after the expiration thereof.
However, if an investor does not request the business operator to redeem the investment in writing one month before the expiration of the period of the investment agreement, the period of the investment agreement shall be automatically extended to one year.
Article 3 [Risk of Loss of Investment Money] (1) Where it is deemed that a business entity falls under any of the following subparagraphs through consultation with an investor, the business entity may withhold the redemption of dividends and investment money due to the expiration of the contract period to the investor:
i) If the profitability of the business invested by the business entity is significantly low, (ii) to pay dividends in accordance with the ratio agreed to investors and the investment funds requested to be repaid due to the expiration of the investment period.