1. The Defendant shall pay to the Plaintiff KRW 40,00,000 and the interest rate of KRW 20% per annum from August 21, 2013 to the day of complete payment.

1. The facts acknowledged are: (a) on July 22, 2013, the Plaintiff lent KRW 150 million (40 million for repayment period; KRW 110 million as of August 20, 2013; and (b) at the interest rate of 12% per annum and 24% per annum for delay damages to the agricultural company, Inc., Ltd.; and (c) the Defendant jointly and severally guaranteed the obligation of the said company.

[Grounds for recognition] The descriptions of Gap evidence Nos. 1 through 3, the purport of the whole pleadings

2. According to the above facts of recognition as to the cause of claim, barring any special circumstance, the defendant is obligated to pay to the plaintiff 40 million won within the scope of the above loans jointly and severally guaranteed by the defendant and damages for delay calculated at the rate of 20% per annum for the plaintiff within the scope of the agreed damages for delay from August 21, 2013 to the date following the date of payment to the date of full payment.

3. In conclusion, the plaintiff's claim of this case is reasonable and thus the plaintiff's winning judgment is pronounced.