0001145549-05-001185 Sample Contracts

EXCLUSIVE RAGNAROK LICENSE AND DISTRIBUTION AGREEMENT
Exclusive Ragnarok License and Distribution Agreement • June 30th, 2005 • GRAVITY Co., Ltd. • Services-computer programming services

THIS LICENSE AND DISTRIBUTION AGREEMENT (this “Agreement”) is made and entered into on this 16th day of July, 2004, by and between Gravity Corporation, (Licensor) a corporation duly organised and existing under the laws of the Republic of Korea (“Korea”) and having its offices at 4th Fl. Shingu Bldg., 620-2, Shinsa-Dong, Kangnam-Ku, Seoul, 135-894, Korea (“Licensor”), and Ongamenet PTY LTD., a corporation duly organized and existing under the laws of Australia, and having its offices at 36 Culloden Marsfield, NSW 2122 Australia (Licensee).

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Share Transfer Agreement
Share Transfer Agreement • June 30th, 2005 • GRAVITY Co., Ltd. • Services-computer programming services

Transferee Name: Woong-Jin Yoon, Representative Director, GRAVITY Co., Ltd. Corporation Registration No: 110111-1929839 Address: Shingu Building, 620-2 Shinsa-dong, Gangnam-gu, Seoul, Korea

EXCLUSIVE RAGNAROK AUTHORIZATION TO USE AND DISTRIBUTE SOFTWARE AGREEMENT
Use and Distribute Software Agreement • June 30th, 2005 • GRAVITY Co., Ltd. • Services-computer programming services

THIS AUTHORIZATION TO USE AND DISTRIBUTE SOFTWARE AGREEMENT (this “Agreement”) is made and entered into on this 15th day of August, 2004, by and between:

Third Amendment To The Exclusive Ragnarok Online License and Distribution Agreement
License and Distribution Agreement • June 30th, 2005 • GRAVITY Co., Ltd. • Services-computer programming services

THIS Third AMENDMENT (this “Amendment”) is made and entered into on this 18th day February, 2005 by and between Gravity Corporation (“Licensor”) and Level UP! Inc. (“Licensee”).

FORTH AMENDMENT FOR THE EXCLUSIVE RAGNAROK LICENSE AND DISTRIBUTION AGREEMENT
License and Distribution Agreement • June 30th, 2005 • GRAVITY Co., Ltd. • Services-computer programming services

THIS FORTH AMENDMENT FOR THE EXCLUSIVE RAGNAROK LICENSE AND DISTRIBUTION AGREEMENT(the “Agreement”), is made and entered into on 18th May, 2005(“Effective Date”), by and among Gravity Corporation, a corporation duly organized and existing under the laws of the Republic of Korea (“Korea”) and having offices at 4th Floor, Shingu Building, 620-2 Shinsa-Dong, Kangnam-Ku, Seoul, Korea (“Licensor”), and SOFT-WORLD International Corporation, a corporation duly organized and existing under the laws of Taiwan, R.O.C. and having it offices at 13th Floor, No. 1-16 KuoCien Road, Chien-Chen District, Haoshiung 806, Taiwan (“Soft-world”) and Value Central Corporation, a corporation duly organized and existing under the laws of the Independent Sate of Western Samoa and having its offices at P.O. Box 217, Apia, Samoa (“Licensee”), and, together with Soft-world and the Licensor, the (“Parties”)

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