0000950103-09-003005 Sample Contracts

LICENSE AND DISTRIBUTION AGREEMENT Between WEBZEN INC. and NHN USA INC.
License and Distribution Agreement • November 20th, 2009 • Webzen Inc • Services-business services, nec

This LICENSE AND DISTRIBUTION AGREEMENT (“Agreement”) is entered into this May 19, 2008 (hereinafter referred to as “Execution Date”) by and between WEBZEN Inc., a corporation duly organized and existing under the laws of the Republic of Korea (“Korea”) and having its principle office at 6F Daelim Acrotel, 467-6 Dogok-Dong, Kangnam-Gu, Seoul 135-971, Korea (hereinafter referred to as “WEBZEN” or “Licensor”), and NHN USA Inc., organized and existing under the laws of the State of Delaware, USA and having its registered office at 3353 Michelson Dr. Suite 250, Irvine, California 92612, USA (hereinafter referred to as “Licensee”). WEBZEN and Licensee are hereinafter referred individually as a “Party” and collectively as the “Parties”.

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Lease Agreement
Lease Agreement • November 20th, 2009 • Webzen Inc • Services-business services, nec

Both parties mentioned above have signed this Lease Agreement in order to lease specified space within Daelim Acrotel, C Building of Daelim Acrotown (hereinafter referred to as “Leased Property”) under the terms and conditions as stipulated below.

Channeling Agreement A Party: WEBZEN Inc. B Party: NHN Co., Ltd. Mar. 1, 2009
Webzen Inc • November 20th, 2009 • Services-business services, nec

WEBZEN Inc. (hereinafter referred to as “A Party”) and NHN Co., Ltd. (hereinafter referred to as “B Party”) have agreed as follows concerning provision of game contents of an online game “Sun Online” (hereinafter referred to as “this Game”) published by A Party within Han Game Service (“Han Game”), an online game portal operated by B Party. (hereinafter referred to as “this Agreement”)

Agreement of Establishment of Leaseholder Right
Webzen Inc • November 20th, 2009 • Services-business services, nec

Establisher of leaseholder right has surely received the lease deposit expressed above this day, executed this Agreement of Establishment of Leaseholder Right for the the priority Leaseholder Right over the following real estate owned by it for the purpose of use and benefit of the leaseholder and agrees to the following provisions:

Agreement of Development Service and Service Support for Tentative Parfait Station
Webzen Inc • November 20th, 2009 • Services-business services, nec

WEBZEN Inc. (hereinafter referred to as “A Party”) has requested NHN Games Co., Ltd. (hereinafter referred to as “B Party”) to provide research and development service specified in Article 3 below (hereinafter referred to as “Development Service”) and caused this Agreement to be executed in order to specify rights between both parties related to its output (Parfait Station).

‘Business Agency Agreement’
Business Agency Agreement • November 20th, 2009 • Webzen Inc • Services-business services, nec

NHN Games Co., Ltd. (hereinafter referred to as “A Party”) and WEBZEN Inc. (hereinafter referred to as “B Party”) have caused this Agreement to be executed in order to specify rights and obligations of both parties so that B Party may conduct businesses specified in Article 3 below (hereinafter referred to as “Agency Business”) on behalf of A Party.

Amendment Agreement of Leaseholder Right
Webzen Inc • November 20th, 2009 • Services-business services, nec

Both parties have signed amendment agreement as below in connection with registration of establishment of leaseholder right that had been registered as No. 103899 at the Kangnam Registry Office, Seoul Central District Court as of Dec. 6, 2005 pursuant to agreement of establishment of leaseholder right dated Dec. 5, 2005 for the real estate mentioned at the end of this letter.

Amendment Agreement of Leasehold Right
Webzen Inc • November 20th, 2009 • Services-business services, nec

Both parties have signed amendment agreement as below in connection with registration of establishment of leaseholder right that had been registered as No. 66170 at the Department of Registration, Seoul Central District Court as of Dec. 3, 2007 pursuant to agreement of establishment of leasehold right dated Dec. 1, 2007 for the real estate mentioned at the end of this letter.

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