1. The Defendants shall jointly and severally serve as KRW 140,00,000 on the Plaintiff and as a result, from June 1, 2015 to June 13, 2016.

1. Facts of recognition;

A. On February 7, 2013, the Defendants drafted to the Plaintiff a letter of payment with the following content (hereinafter “instant letter of payment”).

I promise to repay the borrowed and outstanding settlement as follows:

The repayment method of the loan shall be made on December 30, 2014: The interest on the installment repayment shall be paid up to the time of repayment.

Recognizancer B: B Surety: C

B. The Defendants, around March 2015, drafted again a written agreement (a draft repayment plan; hereinafter “instant agreement”) with the following content to the Plaintiff.

C The above joint and several sureties who are joint and several sureties A debtor B of the agreement agreed to repay to the creditor the total amount of KRW 140,000,000 to the creditor by December 30, 2014.

Accordingly, I again agree to pay the obligation by the following deadline. If you agree to pay the obligation once within the above period, I shall lose the benefit of the time and assume civil and criminal responsibilities.

A loan of KRW 10,00,000 as of the end of May 2015, 200; KRW 10,000; KRW 10,00,00 as of the end of June 2015; KRW 5,00,00 as of the end of August 4, 2015; KRW 10,000 as of the end of August 5, 2015; KRW 60,00 as of the end of September 10, 2015; KRW 60,00 as of the end of 10,00; KRW 60,00 as of the end of 0; KRW 60,00 as of the end of 10,00; KRW 60 as of the end of 10,00,00 as of the end of 10,000; KRW 70,000 as of the end of 20,00 as of the end of 10,000;

C. However, the Defendants did not comply with the set-off Nos. 1 of the instant agreement, and thus, have the benefit of time at that time.