This Agreement (hereinafter referred to as this "Agreement") is entered into by and between IAMBiz Co., Ltd. (hereinafter referred to as "Transferee") and GRAVITY Co. Ltd. (hereinafter referred to as "Transferor") in connection with the transfer of certain assets owned by Transferor from Transferor to Transferee.

ARTICLE 1

[OBJECT OF TRANSFER]

The assets being transferred (hereinafter referred to as "the Transfer Assets") are set forth in "Transfer Assets Schedule (Annex 1)" and "Computational Basis for Asset Sale (Annex 2)".

ARTICLE 2

[PRICE AND PAYMENT TIME]

In consideration of the Transfer Assets, Transferee shall pay to Transfer or KRW510,000,000. As for timing of payments, an initial sum of KRW 51,000,000 shall be paid on the date of this Agreement, an interim sum of KRW 153,000,000 shall be paid within 15 days from the date of this Agreement, and the balance amount of KRW 306,000,000 shall be paid within 30 days from the date of this Agreement. Transferor shall transfer the Transfer Assets to Transferee upon receipt of the balance payment, at which time the Transfer shall be deemed as having been completed (except for VAT).

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