1. As to KRW 343,700,000 and KRW 20,000 among them, the Defendant shall pay to the Plaintiff KRW 343,70,000 from July 1, 2015, and KRW 323,70,00.

B. By July, 200, the registration was made as the representative director C.

From November 7, 2014, the defendant has been registered as representative director until now).

During the period of registration as representative director, the Plaintiff became a joint and several surety for various debts borne by C to the Industrial Bank of Korea, the Korea Technology Finance Corporation, the Korea Bank, and the Seoul Guarantee Insurance Corporation.

C. On December 16, 2014, the Defendant drafted a written confirmation of payment (hereinafter “instant payment confirmation”) with the following content to the Plaintiff.

The defendant shall repay a corporate bank loan (153,685,329 won) out of total 343,700,000 won including corporate bank loans, etc. by December 24, 2014, and shall repay the remainder (190,014,671 won) by March 24, 2015, and shall dispose of the payment confirmation at the same time as the above is completely settled.

1. The commitment sets out all civil and criminal responsibilities if the commitment is not fulfilled.

2. This document shall be prepared in one copy and notarized.

* All the costs of lawsuit are assessed against the Defendant’s interest.

The Defendant, on June 7, 2015, drafted a letter of commitment (hereinafter “instant letter of commitment”) with the following content to the Plaintiff: (a) whether the Defendant did not perform its duty under the instant letter of commitment; (b) whether the Plaintiff fulfilled its duty under the said letter of commitment.

Although it is written as "31.." on June 30, 2015, it appears that it is written as "30."

By July 2015, 200,000 won shall be deposited into the Plaintiff’s passbook and the remainder shall be deposited at the latest by the end of July 2015.

E. The above

1.(b)

Although each of the obligations described in the claim becomes due, C, the principal obligor, did not perform the obligations, and the Defendant did not perform the obligations under the instant payment confirmation and the instant commitment.

F. After that, the Industrial Bank of Korea, the Korea Technology Credit Guarantee Fund, the Seoul Guarantee Insurance Co., Ltd. filed a lawsuit against C and the Plaintiff, a joint and several surety, seeking reimbursement and loans, etc.