EXHIBIT 10.34
SHARE (SYUSSHI-MOCHIBUN) ASSIGNMENT AGREEMENT
GungHo Online Entertainment, Inc. (hereinafter called the "the Assignor") and
Gravity Corporation (hereinafter called the "Assignee") made and entered into
this Agreement as follows:
The Assignor has agreed to transfer thirty (30) shares (syusshi-mochibun)
of RO Production Co., Ltd (hereinafter called the "RO") without compensation,
and the Assignee has agreed to receive the shares in accordance with the terms
and conditions defined as follows:
1. Shares Price: Yen 0 (One(1) share: Yen 0)
2. No later than Oct 31, 2004 the Assignor shall transfer the thirty (30)
shares (syusshi-mochibun) of RO Production Co., Ltd. to the Assignee.
3. In case that the share transferring successes between the parties, the
Assignor shall report in an official form within 24 hours to ROP with
the fixed date for share transferring to the Assignee, and also shall
submit the copied document(s) to the Assignee.
4. In case that the Assignor fails executing the above mandatory report
within the designated period of times, subrogating the Assignor, the
Assignee may make such report(s) with the Assignor's name on, and may
report to ROP. The Assignor shall not claim for such activities to be
done by the Assignee.
In witness whereof, the parties hereto have caused this Agreement to be executed
in duplicate.
Date: October 25, 2004
Assignor: GungHo Online Entertainment, Inc.
Principal Office: 00, Xxxxx-Xxxxxxxxxx 0-Xxxxx, Xxxxxxx-xx, Xxxxx, Xxxxx
By: /s/ Xxxxxx Xxxxxxxxx
Name: Xxxxxx Xxxxxxxxx
Title: Representative Director
Assignee: Gravity Corporation
Principal Office: 0X, Xxxxxx Xxxx., 000-0, Xxxxxx-Xxxx, Xxxxxxx-Xx,
Xxxxx, 135-894, Korea
By: /s/ Xxxxxxx Hyonkook Xxx
Name: Xxxxxxx Xxx
Title: Representative Director
