1. The plaintiff's claim is dismissed.

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

Basic Facts

On June 7, 2011, the Defendant and B concluded a sales contract with C Co., Ltd. (hereinafter “C”), stating that each of the lands owned by the Defendant, B, Dong-gu, Daejeon E, F, and G (hereinafter “each of the instant lands”) shall be sold at KRW 8.5 billion, and the down payment of KRW 240 million shall be paid at KRW 560 million on the date of the contract, and the intermediate payment of KRW 560 million shall be paid at KRW 560 million on July 6, 201 (hereinafter “instant sales contract”); the remainder of KRW 7.7 billion shall be paid as the sales price generated after the new construction of the building on each of the instant lands (hereinafter “instant sales contract”).

On June 7, 2011, Defendant, B, and C entered into the instant contract and entered into a joint development agreement on each of the instant land (hereinafter “instant joint development agreement”) with regard to each of the instant land as follows.

Article 1 (General Provisions) A (Defendants and B) and B (C) of the Framework Agreement provide for the basic principles of development with respect to the overall exhibition E, F and G (each of the instant lands) development activities owned by A, and the rights, obligations and methods of implementation of development activities between the parties, and the detailed conditions and details, if necessary, by separate contracts and special agreements.

Article 2 (Price for Providing Site)

1. Eul shall be paid the price determined as seven billion won for the site price to Gap in return for a joint project;

2. Eul shall determine the profit of 1.5 billion won to Gap in return for a joint project and shall pay the price.

Article 3 (Contractor Relation)

1. B shall be deemed to be a full-time agent for land development and all of the development of the project site and follow-up management affairs as a good manager and receive gains from development in good faith;

2.B shall exercise overall control over all business affairs of the development project.

3. A shall provide B with the title continuously until completion for the main project of B.

Article 4 (Mutual Cooperation) A shall promptly issue and provide all documents for the Project at the request of B.

B It is provided by A.