0001193125-03-074950 Sample Contracts

WEBZEN INC. AND JPMORGAN CHASE BANK, As Depositary AND HOLDERS OF AMERICAN DEPOSITARY RECEIPTS Deposit Agreement Dated as of December , 2003
Deposit Agreement • November 7th, 2003 • Webzen Inc • Services-business services, nec • New York

DEPOSIT AGREEMENT dated as of December , 2003 (the “Deposit Agreement”) among WEBZEN INC. and its successors (the “Company”), JPMORGAN CHASE BANK, as depositary hereunder (the “Depositary”), and all holders from time to time of American Depositary Receipts issued hereunder (“ADRs”) evidencing American Depositary Shares (“ADSs”) representing deposited Shares (defined below). The parties hereto agree as follows:

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Dated the 10th day of September, 2002 Webzen Inc. and GAMENOW.NET (HONG KONG) Ltd.
Joint-Venture Agreement • November 7th, 2003 • Webzen Inc • Services-business services, nec

In accordance with the laws of the Hong Kong Special Administrative Region (hereinafter referred to as “Hong Kong”) of the People’s Republic of China (hereinafter referred to as “China”), Webzen Inc., established in accordance with the laws of the Republic of Korea (hereinafter referred to as “Korea”) with its principal office at 6F, Daelim Acrotel, 467-6, Dogok-Dong, Kangnam-Gu, Seoul, Korea (hereinafter referred to as the “WEBZEN” for the First Party) and GAMENOW.NET (HONG KONG) LIMITED, established in accordance with the laws of Hong Kong with its principal office located at 22nd Floor, Hang Lung Centre, 2-20 Paterson Street, Causeway Bay, Hong Kong (“hereinafter referred to as the “GAMENOW”) or the Second Party) hereby agree to establish a joint venture company with investment jointly contributed by the parties, at Hong Kong, China, based on the principles of equality and mutual benefit as well as through friendly negotiations on this 10th day of September 2002. The parties shall h

LICENSE AGREEMENT
License Agreement • November 7th, 2003 • Webzen Inc • Services-business services, nec • California

This LICENSE AGREEMENT (“Agreement”) is entered into this 9th day of July, 2002, by and between Webzen Inc, a corporation duly organized and existing under the laws of Republic of Korea (“Korea”) and having its principle office at 6F, Daelim Acrotel, 467-6, Dogok-dong, Kangnam-ku, Seoul, Korea 135-971 Seoul, Korea (“WEBZEN” or “Licensor”), and IGC, existing under the laws of the of Taiwan and having its principle office at 1F-100, No. 2, Lane 150, Section 5, Hsinyi Road, Taipei, Taiwan (“IGC” or “Licensee”)(individually referred to as a “Party” and collectively referred to as the “Parties”).

LICENSE AGREEMENT
License Agreement • November 7th, 2003 • Webzen Inc • Services-business services, nec • California

This LICENSE AGREEMENT (“Agreement”) is entered into this 10th day of September, 2002, by and between Webzen Inc, a corporation duly organized and existing under the laws of Republic of Korea (“Korea”) and having its principle office at 6F, Daelim Acrotel, 467-6, Dogok-Dong, Kangnam-Gu, Seoul, Korea (“WEBZEN” or “Licensor”), and JVC, existing under the laws of the Hong Kong Special Administrative Region (“Hong Kong”) of People’s Republic of China (“China”) and having its principle office at 22nd Floor, Hang Lung Center, 2-20 Paterson Street, Causeway Bay, Hong Kong (“JVC” or “Licensee”)(individually referred to as a “Party” and collectively referred to as the “Parties”).

LEASE AGREEMENT (English Summary)
Lease Agreement • November 7th, 2003 • Webzen Inc • Services-business services, nec
OFFICE PURCHASE AGREEMENT (English Summary)
Office Purchase Agreement • November 7th, 2003 • Webzen Inc • Services-business services, nec
LICENSE AGREEMENT (English Translation)
License Agreement • November 7th, 2003 • Webzen Inc • Services-business services, nec

Webzen Inc, a corporation duly organized and existing under the laws of Republic of Korea (“Korea”) and having its principle office at 6th Floor, Daelim Acrotel Building, 467-6 Dogok-dong, Kangnam-ku, Seoul, 135-971 Korea (“Licensor”);

OFFICE PURCHASE AGREEMENT (English Summary)
Office Purchase Agreement • November 7th, 2003 • Webzen Inc • Services-business services, nec
LEASE AGREEMENT (English Summary)
Lease Agreement • November 7th, 2003 • Webzen Inc • Services-business services, nec
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