Standard Form of International Collaborative R&D Program

Classification -1 -2 -3 -4 Application -5 Form Proposal(Feasibility Study) Proposal(Full Scale) Letter of Intent to participate in Intl Collaborative R&D Program Letter of Intent to withdraw from Intl Collaborative R&D Program Letter of Confirmation of Recruitment (expected) Letter of Commitment of In-kind Contribution by Participating -6 Organization Letter of Commitment by Representative Regarding Payment of -7 Cash Portion of Civilian Dues -1 Non-Disclosure Agreement Evaluation Scorecard for New Project -2 under International Collaborative R&D Program Composite Evaluation Scorecard for New Project -3 under International Collaborative R&D Program Onsite Inspection (Interview) Report on Project under Progress -4 Inspection Evaluation Sheet for Year-Based Project (under Progress -5 Inspection) Evaluation -6 Onsite Inspection (Interview) Report on Phase-Based Project -7 Evaluation sheet for Phase-Based Project Onsite In-Depth Investigation Report -8 (also used as Interim Progress Report and Special Evaluation Report) -9 Problems Project Deliberation Report -10 Onsite Inspection(Interview) Report on Final Project -11 Evaluation Scorecard for Final Project The Agreement on Feasibility Study Project Under International -1 Collaborative R&D Program The Agreement on Full Scale Project Under International -2 Collaborative R&D Program Agreement, -3 Request for Annual Government Contribution Amendment, -4 Summary of Revision reflecting Overall Comments Objection -5 Request for Approval of Amendment and Termination -6 Review Result on Request for Approval of Amendment -7 Transfer Agreement -8 Request for Termination of Agreement -9 Statement of Objection -10 Review/Comment on Statement of Objection Report -1 Annual (Progress) Report -2 -3 -4 -5 -6 Phase-Based Report (for detailed project) Final Report /Final Report Summary Budget Disbursement Report Letter of Confirmation on Project Budget Approval/Notification Review Result of Project Budget Execution
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Page 1 2 13 14 15 16 17 18 19 22 23 32 35 44 46 53 55 63 66 73 98 99 100 101 102 103 104 105 106 110 118 133 147 149

-7 -8 -9

Letter of Confirmation on Final Balance Repayment Fixed Royalty Payment Plan License Agreement (Fixed Royalties)

150 151 152 159

-10 Royalty Disbursement Report

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[Standard form - 1 : Proposal(Feasibility Project)]

Proposal for Feasibility Projects

TITLE : 1. EXECUTIVE SUMMARY 1.1. State the specific objectives of the feasibility study 1.2. Describe the capabilities and performance records of the companies in related areas 2. IMPORTANCE OF PROPOSED R&D(FULL SCALE) PROJECT 2.1. Final objective and necessity of the Project 2.2. Project Description 2.3. Technical and Economic Impacts 3. ORGANIZATIONS 3.1. Describe the detailed Organizations Profiles 3.2. Roles: Active roles related to the project 4. FEASIBILITY PROJECT PLAN & PROCESS 4.1. Explain the nature and target of the feasibility project 4.2. State the detailed plan of how the organizations will investigate the technological feasibility of the proposed product or process 4.3. Explain the detailed plan(procedure, schedule, methodology, etc.) for the feasibility study 5. STUDY for MARKET & COMMERCIALIZAITON 5.1. State the needs that are served by the proposed product or processes 5.2. Explain how to examine the potential for market penetration Annex 1. BUDGET * Prepare a separate table for each organization Item Unit Cost / Unit Cost

Description

Remark

Total Annex 2. Participants Major & Degree Organization Name Position Name of School Year of Graduation Major Degree Duty for this project

[Standard form - 2 : Proposal(Full Scale)] -1-

Proposal for Full Scale R&D Project under the International Collaborative R&D Program
1. Project overview 1.1. Technology overview - definition, features and merits & demerits (vs. other technologies) 1.2. Korea & global trends in R&D - explain Korea & global R&D trends in proposed technology field 2. Technological features 2.1. Technological innovativeness - compare the possibility of realization & performance with existing technology: 2.2. Technology competitiveness evaluation - describe spillover effect on other products and areas - determine whether it is easy to commercialize 2.3. R&D Infrastructure - describe R&D human resources, technology development & accreditation record of recent three years(R&D, commercialization, technology accreditation & award), currently held IPR and utility models related to proposed technology 3. R&D Strategy 3.1. Strategy to secure core technology - classify complementary technologies and derive key technologies for the purpose of product development - suggest implementation strategies to secure technologies by core technology 3.2. Consortium formation & roles - form a R&D organization (operating structure) & establish operational strategy - secure facilities to build up development environment and operational strategies
No. 1 2 3 Facility (equipment) name Size Qty Use

- secure human resources to carry out operational strategies *describe human resources in detail as Attached hereto. 3.3. R&D planning - schedule and plan annual (phase-based) goals and describe specific methods to achieve the goals *provide detailed schedules of major technologies and product development as Attached hereto. - present annual budget for required R&D expense (unit: thousand won)
Phase 1 Classification Government contributions Cash Civilian dues In-kind -21st year 2nd year 3rd year Subtotal 1st year Phase 2 2nd year Subtotal Total

Other Sum

*provide allocation of detailed costs by year and organization as Attached & Attached hereto. 4. Strategy for Intellectual Property Right 4.1. Plan for IPR sharing among participating members - explain progress in negotiations on intangible/tangible deliverable among participating members and details of final IPR sharing 4.2. Application strategy - state IPR application strategy as well as strategy to build IP portfolio (applicant countries, application cost sharing plan, etc.) 4.3. International standardization planning - explain strategy to secure International technology standardization and technology accreditation 5. Market analysis and commercialization strategy 5.1. Market overview and industrial features of technology product (or process) - explain the definition of the technology-applied products (or process) and briefly describe definition of market, scope and features of applied product (or process) 5.2. Market structure and competition - describe current status of major competitors and their market shares
Company name Sales revenue (Korean market share, %) Sales revenue (USA market share, %) Sales revenue(global market share , %)

5.3. Establishment of commercialization strategy - analyze features and characteristics by product and consumer, and establish a plan to explore new consumers and marketing strategy 5.4. Funding plan for commercialization - set up a plan to secure a fund for capital expenditures, working capital as well as borrowed /equity capital

Annex : R & D human resources (in detail)

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1. Information on Principal Researcher

Name Personal Identification No. Organization Position Telephone Cell Phone Fax. E-mail Address Graduation paper 1.1 Degree Degree

Year of Graduation

Name of School

Major

1.2 No. 1 2 1.3

Career Year ~ ~ Patent No.

Organization

Position

Duty

Patent

Country

Date

Sequence No.

1.4 No.

History of participation of government R&D project Project Operating Ministry Duration Total Budget (Million KRW)

1.5 No.

Experience of participation of Intl. joint R&D Participating Project Country

Duration

Total Budget (Million KRW)

2. Information on participants
Organizatio n Name Position Date of birth Major & Degree Name of School Year of Graduation Major Degree Duty for this project Participator y ratio Participated Gov. project No.

Annex : R & D schedule and planning (in detail)

- suggest details, scope, flow and procedures of development by year/stage
No. Description of R&D -4( th year :20 x x) period

1 1 2 3 Drawing 1st prototype product processing

10

11

12

Annex : Statements of detailed project budget

1. State a name of Lead Organization 1.1. Labor cost
(unit : thousand won) Classification Organization Name Monthly Month of Participation payout participation (%) (A) (B) (C) Sum (BAC/100) cash In-kind sum

Internal labor cost

1st year external

labor cost

Sum of Internal labor cost

Sum of external labor cost Sum of labor cost (1st year )

Internal labor cost

2nd year external

labor cost

Sum of Internal labor cost

Sum of external labor cost Sum of labor cost (2nd year ) Internal labor cost 3rd year External labor cost Sum of external labor cost Sum of labor cost (3rd year) -5Sum of Internal labor cost

Total labor cost of Phase 1

* Please fill the columns applicable to Phase 1. As for a 4 year long project, fill the columns applicable to until Year 2 of Phase 1 from the beginning. 1.2. Direct cost * Specify costs and calculation grounds by item and year, etc. (Prepare a separate sheet for each organization) 1.2.1. 1st year (Year 1)
(unit : thousand won) Sub-Cost Item cash In-kind sum Calculation ground Remark

Sub-total

Sub-total Total

1.2.2. 2nd year (Year 2) Apply the table used above for the 1st year hereto. 1.2.3. 3rd year (Year 3) Apply the table used above for the 1st year hereto. 1.3. Indirect Costs * Specify costs and calculation grounds by item and year, etc. 1.3.1. 1st year
(unit : thousand won) Account Indirect costs Total cash In-kind sum Calculation grounds Remark

1.3.2. 2nd year Apply the table used above for the 1st year hereto. 1.3.3. 3rd year Apply the table used above for the 1st year hereto. 1.4. Commissioned research and development costs (on separate sheets for each organization) * Please prepare the project cost of subcontract organization (labor cost, direct cost, indirect cost) in the same manner as used for 1. Lead organization and participating organizations.
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2. State a name of Participating Organization 2.1. Labor cost

(unit : thousand won) Classification Organization Name Monthly Month of Participation payout participation (%) (A) (B) (C) Sum (BAC/100) cash In-kind sum

Internal labor cost

1st year external

labor cost

Sum of Internal labor cost

Sum of external labor cost Sum of labor cost (1st year )

Internal labor cost

2nd year external

labor cost

Sum of Internal labor cost

Sum of external labor cost Sum of labor cost (2nd year ) Internal labor cost 3rd year External labor cost Sum of external labor cost Sum of labor cost (3rd year) Total labor cost of Phase 1
Sum of Internal labor cost

* Please fill the columns applicable to Phase 1. As for a 4 year long project, fill the columns applicable to until Year 2 of Phase 1 from the beginning. 2.2. Direct cost * Specify costs and calculation grounds by item and year, etc. (Prepare a separate sheet for each organization) 2.2.1. 1st year (Year 1)
(unit : thousand won) -7-

Sub-Cost Item

cash

In-kind

sum

Calculation ground

Remark

Sub-total

Sub-total Total

2.2.2. 2nd year (Year 2) Apply the table used above for the 1st year hereto. 2.2.3. 3rd year (Year 3) Apply the table used above for the 1st year hereto. 2.3. Indirect Costs * Specify costs and calculation grounds by item and year, etc. 2.3.1. 1st year
(unit : thousand won) Account Indirect costs Total cash In-kind sum Calculation grounds Remark

2.3.2. 2nd year Apply the table used above for the 1st year hereto. 2.3.3. 3rd year Apply the table used above for the 1st year hereto. 3. State a name of Participating Organization Apply the table used above for labor, direct and indirect cost of the lead organization hereto.

Annex : Allocation of Development Costs

Phase 1 Classification Civilian dues Sum -8Cash In-kind 1 year
st

Phase 2 Subtotal 1 year

st

2 year

nd

3 year

rd

2nd year

Subtotal

Total

Organization name

Gov. Contribution

Organization name

Civilian dues Sum

Cash In-kind

Gov. Contribution Civilian dues Sum Cash In-kind

Organization name

Gov. Contribution Civilian dues Sum Cash In-kind

Sum

Gov. Contribution

Annex : Market analysis and Commercialization strategy 1. Market Analysis

1. 1. Market Overview 1.1.1. Current Market Size (Korea & global)
(unit : in thousand units) Classification Product A Korea Product B Total Product A Other countries1) Product B Annual market size 2005 2006 2007 2008 2009

Total 1) Global market size, exclusive of Korea

Sources: List market size of products that are directly related to the technology-applied products (Project Product) only Calculation grounds must be presented(reference, methodology etc.)

1.1.2. Projected Market Size (Korea & global)

(unit : in thousand units) Classification Korea T1)+1 T+2 Annual market size T+3 T+4 T+5

Product A Product B Total Product A Other Product B Countries Total 1) T : Closing year of R&D project

Sources:
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 List market size of products that are directly related to the Project Product only Calculation grounds must be presented(reference, methodology etc.) 1.1.3. Demand & Supply Trend of Targeted Market
2005 Korea Other1) Korea Supply Other Total 1) Global market size, exclusive of Korea Demand 2006 2007 2008 (unit : million won) 2009

Sources: List market size of products that are directly related to the Project Product only Calculation grounds must be presented(reference, methodology etc.) 1.1.4. Major Consumers
Consumers ex)ABC Ltd. Co. ex)DEF Inc. Country Korea Japan Quantity demand1) 10,000 Units 100,000 Units Applied product2) Automobile Motorcycle

1) Quantity demand(including unit) of Project Product(fill out when possible) 2) Final products to which a Project Product is applied as parts and components

1.1.5. Market Creation (check all applicable areas) Occupation of existing market Extension of existing market

Creation of new market

1.1.6. Market Specification (check all applicable areas) Exporting industry Domestic industry Import-substitution Civilian industry Governmental (military) industry 1.1.7. Current Demand & Supply Status Excessive demand (insufficient supply) Market equilibrium

Insufficient demand (excessive supply)

1.1.8. Market Structure Monopoly Oligopoly Competitive market 1.1.9. Supply Base Market production Order production Both

1.1.10 . Supporting Policies and Regulations * List and describe briefly within one page, official/legal supporting policies/regulations which has a direct/indirect effect on Project Product 1.2. Competitor overview 1.2.1. Korean & Foreign companies producing items directly competing with Project Product (unit: %, million won)
Classification Company Name (Country)1) - 10 Market Share (Sales Revenue) 2) listed/unlisted

ABC Korean Companies3) DEF GHI JKL(US) Foreign Companies MNO(Japan) PQR(UK)

Korea other Korea other Korea other Korea other Korea other Korea other

20%(40,000) 15%(35,000)

listed listed unlisted listed listed listed

1) List global companies only 2) Market share and/or sales revenues must be filled out for Korean companies (Foreign companies fill out where possible) 3) Where Project Product is in direct competition with multiple listed companies, Korean companies are required to list at least three companies in direct competition

1.3 Sales Plan (unit: %, million won)

Classification Market share Sales Korea Price per unit(KRW) Sales Revenue Market share Sales Other Price Countries per unit(USD)2) Sales Revenue Production capacity3) T1) T+1 T+2 T+3 T+4 T+5 T+6 T+7

1) T : Closing year of R&D project. Therefore turnover does not necessarily begin on T-year 2) Add rows to fill out price per unit in other currencies than USD. 3) Set appropriate unit of production capacity(ex. number of items, weight etc.) in accordance with the facility investment plan for commercialization of Project Product (If production is to be outsourced, consider that of the outsourcing companies)

1.4. Commercialization plan * Set up a brief commercialization plan including the following.(page limit: 10 pages) Commercialization strategy including product PR, market security, sales strategy etc. Import-substituting, export-boosting, import price reducing effect, etc. of technology-applied products (Project Product) Cost-reduction effect of technology-applied products (Project Product) Possibility of market creation and definition of new market etc. of technology-applied products (Project Product) 2. Calculation of Technology Ratio
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Technology Ratio is the ratio which the project technology accounts for in its commercialized product (Project Product). For instance, technology ratio is 100% when the developed technology is the sole technology used to produce the Project Product. If other technologies are required, you must calculate the technology ratio after considering whether you possess the necessary additional technologies and the difficulty of its development and acquirement.
Whether in possession of required technology Y/N

Classification Required Additional Technology A Required Additional Technology B

Degree of difficulty in developing the required technology High/ Medium/ Low

Degree of difficulty in acquiring the required technology High/ Medium/ Low

Remarks

Developed technology

The Technology Ratio of Project Product is :

[Standard form - 3 : Letter of Intent to participate in Intl Collaborative R&D Program]

Letter of Intent to participate in Intl Collaborative R&D Program

(Project Title) (Lead Organization) (Principal Investigator)

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 To President of Korea Institute for Advancement of Technology, , . I hereby consent to details of a full scale research and development project proposal that is submitted for the purpose of executing the project stated above under Intl Collaborative R&D Program and declare that if the project stated above is deemed eligible to receive funding by Korea Institute for Advancement of Technology, I will actively participate therein, faithfully observing all applicable laws and regulations governing international joint research and development. MM/DD/YYYY (Participating Organization) (Representative) (Authorized Seal/ Signature) (Authorized Seal/Signature) (Authorized Seal/ Signature) (Authorized Seal/Signature) (Subcontract Organization) (Representative) (Authorized Seal/Signature)

[Standard form - 4 : Letter of Intent to withdraw from Intl Collaborative R&D Program]

Letter of Intent to withdraw from Intl Collaborative R&D Program

(Project Title) (Lead Organization) (Principal Investigator)

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 To President of Korea Institute for Advancement of Technology, . With respect to the proposal that I had submitted for the purpose of performing the project stated above under the Intl Collaborative R&D Program, I hereby declare withdrawal thereof due to unavoidable reasons on my part. MM/DD/YYYY

(Lead organization)

(Principal Investigator) (Authorized Seal/Signature)

(Participating Organization)

(Representative) (Authorized Seal/Signature) (Authorized Seal/Signature) (Authorized Seal/Signature) (Authorized Seal/Signature)

(Subcontract organization)

(Representative) (Authorized Seal/Signature)

[Standard form - 5 : Letter of Confirmation of Recruitment (expected)]

() Letter of Confirmation of Recruitment (expected)

(Project Title) (Lead Organization)
Name

(Principal Investigator)
Sum Remark

() (A) (B) (C)% Employer (Scheduled) Academic Monthly Participation(Months) of

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/Company

date of entrance

degree

Salary

participation

(ABC /100)

To President of Korea Institute for Advancement of Technology, () , . With respect to execution of the project mentioned above, we hereby submit Letter of Confirmation of Recruitment of researchers with M.S or Ph.D. In the event that there would be no researchers newly hired in the end, we hereby agree that we would repay the unused budget during interim evaluation or final evaluation. [dd/mm/yyyy] . . . ) 1 Note) If it is confirmed that a researcher/researchers are to be hired for the purpose of execution of the project mentioned above, a copy of his/her academic degree shall be submitted. (Name of Organization) (Representative) ()(Authorized Seal/Signature) * As for expectant employees, please state to be determined at the Name column. ** or In cash or in kind [Standard form - 6 : Letter of Commitment of In-kind Contribution by Participating Organization]

Letter of Commitment of In-kind Contribution by Participating Organization

Project Title Lead Organization

Principal Investigator

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 To President of Korea Institute for Advancement of Technology, . We hereby undertake to faithfully pay in-kind contributions to be borne by Participating Organizations for the purpose of execution of the Project stated above pursuant to applicable law and regulations governing the Knowledge Economy Technology Innovation Programs as follows: (Total Project Period): [dd/mm/yyyy]~[dd/mm/yyyy] (Phase( ) Period): [dd/mm/yyyy]~[ddmm//yyyy] (:, Unit: 1,000KRW)
Classification Labor cost Costs of research equipment and facilities Amount Description Amount Description Amount Description Amount Description 1 Year 1 2 Year 2 3 Year 3 Total

Description of in-kind Material costs contribution and IT processing costs Costs of manufacturing prototype products Total

[dd/mm/yyyy] (Name of Participating Organization): (Representative): () (Authorized Seal/Signature)

* * Please note that all and any participating organization that pays in-kind contributions shall submit this Letter of Commitment of In-Kind Contribution individually. [Standard form - 7 : Letter of Commitment by Representative Regarding Payment of Cash Portion of Civilian Dues]

Letter of Commitment by Representative Regarding Payment of Cash Portion of Civilian Dues

Project Title

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 Lead Organization Term of Project Civilian Dues for This Year

Principal Investigator Term of This Year (, 1,000KRW) Payment Due Date

To President of Korea Institute for Advancement of Technology, ( ) ,

, . With respect to the Project stated above, we hereby undertake to pay the cash portion of the civilian dues for this Year by [dd/mm/yyyy] and also agree that otherwise we would be subject to termination of Agreement, restitution of project budget and restriction on participation in any national research and development program pursuant to applicable law and regulations governing the Knowledge Economy Technology Innovation Programs.

[dd/mm/yyyy]

(Organization): (Representative):

()(Authorized Seal/Signature)

[Standard form - 1: NDA(NON-DISCLOSURE AGREEMENT)]

NON-DISCLOSURE AGREEMENT

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THIS AGREEMENT governs the disclosure of information provided by the Korea Institute for Advancement of Technology(hereinafter called KIAT), a non-profit organization incorporated in Korea and having its principal place of business at 135-513, Korea Technology Center 305 Teheranno, Kangnam-Ku, Seoul, Korea to the Evaluator. 1. Definition of Confidential Information. As used herein, "Confidential Information" shall mean any and all technical and non-technical information provided for the Evaluator by the KIAT including but not limited to (a) patent(s) and patent applications, (b) trade secret, and (c) copyrighted information (d) proprietary information-- ideas, techniques, sketches, drawings, works of authorship, models, inventions, know-how, processes, financial information, investors, employees, business and contractual relationships, business forecasts, sales and merchandising, marketing plans and others. 2. Handling of Confidential Information. The Evaluator agrees that at all times and notwith- standing any termination or expiration of this Agreement it will hold in strict confidence and not disclose to any third party confidential Information provided by the KIAT, except as approved in writing by the KIAT to this Agreement. The KIAT shall permit the Evaluator only to access to confidential Information provided by KIAT. The Evaluators employees or authorized representatives having a need to know and who have signed confidentiality agreements are also bound by confidentiality obligations at least as restrictive as those contained herein. 3. Residual Knowledge. Recipient may enhance its knowledge and experience retained in intangible form in the unaided memories of its directors, employees/contractors and advisors as a result of viewing Disclosers Confidential Information. 4. Warranties. The Evaluator represents and warrants to the KIAT that (a) it has the requisite corporate authority to enter into and perform this Agreement, (b) this Agreement constitutes its legally binding obligation, enforceable in accordance with its terms, and (c) its execution and performance under this Agreement, including its disclosure of confidential Information to the recipient, will not result in a breach of any obligation to any third party or infringe or otherwise violate any third partys rights. 5. Miscellaneous. The Evaluator shall not transfer or assign this Agreement to any other person or entity, whether by operation of law or otherwise, without the prior written consent of the other. Any such attempted assignment shall be void and of no effect. IN WITNESS WHEREOF, the Evaluator hereto has caused this Non-Disclosure Agreement to be executed as of the Effective Date. [DD/MM/YYYY] Name of Evaluator: (Authorized Signature) [Standard form - 2 : Evaluation Scorecard for New Project under International Collaborative R&D Program]

Evaluation Scorecard for New Project under International Collaborative R&D Program
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 Program Type Project No. Project title Lead Organization

Technology Field Date of evaluation

20 . . . ~ 20 . . . [dd/mm/yy] ~ [dd/mm/yy]

Principal Investigator
Scores

Evaluation category
(40 ) Technology

Sub-category

Check point ( , , , ) Project plan is appropriate and reasonable (Confirm in advance that project goal, methodology, etc. are reasonable, there is no similar technology that has acquired patent, and whether it is already-developed, etc. )

Excellent

Superior Standard

Substandard

Poor

< > <Comment> Research plan & Technological superiority (

) How distinctive and innovative is the target technology (vs. exiting technologies & possible to lead to finding new tech. areas) < > <Comment>

Participants

( ) Are the participating organizations appropriate? Is the Consortium comprised of appropriate domestic/overseas organizations for producing deliverables successfully? < > <Comment>

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 R&Rs are shared efficiently among participating organizations (Y/N) < > <Comment>

( , , IP ) Participating organizations have research equipment and infrastructures in place (research facility, equipment & materials, related IP, etc.) < > <Comment>

Capable of conducting the project (Y/N) (40 ) Technology

- , Does PI have field experiences and competence? (whether PI has experience of Int collaborative R&D projects/ participating personnel are equipped with technological competence or experience ) < > <Comment>

10

Budget is reasonable (Y/N)

Are the annual budget execution plan and its size appropriate? And is the funding plan appropriate? < > <Comment>

(20 ) Commerciality (20 points)

Possibility of commerciallization

Is the deliverable likely to be commercialized? Is the commercialization plan excellent? < > <Comment>

10

, Economic benefit & spillover effect

10

, , , Does it have any effect of export-boosting, importsubstituting, import pricereducing, job creating or spillover effect to related

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industries? < > <Comment>

( , , IP ) Participating organizations have research equipment Appropriatene and infrastructures in place ss of Intl Appropriateness of (research facility, equipment collaborative Intl consortium & materials, related IP, etc.)
R&D (20 )

20

18

16

14

12

10

< > <Comment>

, , How much contribution can on IPR Appropriateness of agreements IPR sharing IPR sharing ownership and license, etc. plan make to domestic industries (20 ) economically and technologically?
< > <Comment>

20

18

16

14

12

10

Total
Overall comment

points

Reviewer:

: () (Authorized seal/ signature)

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[Standard form - 3 : Composite Evaluation Scorecard for New Project under International Collaborative R&D Program]

Composite Evaluation Scorecard for New Project under International Collaborative R&D Program
(Program Type) :
Project No. Project title Lead Org.

(Technology field) :
Scores by Reviewer Additio Arithm nal Final etic points score mean Ranking

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[Standard form - 4 : Onsite Inspection (Interview) Report on Project Progress Inspection]

() () Onsite Inspection (Interview) Report on Project under Progress Inspection

1. General Overview
Project No. Project title

(Participating Organization Overview)

Type of participation Lead org. Participating org. Participating org. Subcontract org. Total project period Year 1 Year 1 2 Year 2 3 Year 3 4 Year 4 5 Year 5 Sum Organization name Responsible official () (PIs name) Nation City

(Total Project Period & Project Budget)

20 . . . ~ 20 . . .( ) [dd/mm/yyyy] ~ [dd/mm/yyyy] ( moths) Government contributions Civilian dues Cash In-kind Other Sum

() Project budget (1,000 KRW)

Project Summary
Key words

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 Objective /goal

Project brief and methodology

Desired effect

2. Inspection overview
Classification Interviewer Organization Position/title Name () (Authorized seal/signature) () (Authorized seal/signature) () (Authorized seal/signature) () (Authorized seal/signature) 20 [DD/MM/YYYY] Site

Interviewee

Date of inspection/ interview

3. Progress check of the corresponding Year

Check point Original plan Actual progress Review comment

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 ( ) Progress in achieving the goal (State progress vs. the plans of each goals set forth in the Project Proposal)

( ) Qualitative level of deliverables (Describe the qualitative level citing the qualitative goals set forth in the Project Proposal)

Check point

Original plan

Actual progress

Review comment

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 (, , ) Possibility of commercialization (State if it is likely to be commercialized based on technological trend at home/abroad, that of competitors, and price competitiveness ) ( , ) Deliverables, that is, prototype (State objectively regarding drawing, % of Korean parts used in producing the deliverables, etc. - ( ) Appropriates of project budget management and use (Project account statements, and original copies of receipts concerning budget disbursement shall be prepared)
Project budget account management - Operates a separate account for project budget (Y/N) - A big amount was ever withdrawn in lump sum (Y/N) - Civilian dues payment & project budget management - Withdrawn immediately after the budget was deposited to the project account (Y/N) - Cash portion of civilian dues was paid (Y/N) - Financial condition of participating organization - Partial capital erosion (Y/N) - Complete capital erosion (Y/N) - Retain the purchased device and equipment (Y/N) - Retain the purchased equipment and materials (Y/N) - Retain the manufactured prototype (Y/N) , Please choose Y or N and state in detail if applicable.

() ( Patent Publication of Papers ) Quantitative achievement Applied Registere Sum Domestic Oversea Sum (No. of case) (domestic/ d (domestic/ s (Submit detailed overseas) (domestic/ overseas) statements as an overseas)

/ Certified/Awarded Certified Awarded Sum

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attached document)

Overall review comment

Overall result

(, ), , (, , ) Continuation (Outstanding/Satisfactory), Termination, Early Completion (Outstanding/Satisfactory, points)

Please state in detail as much as possible based on the Project Proposal and reports (Do not have to adhere to the given from for detailed description) 4. Project budget disbursement statement A. . Overall disbursement statement by item
Classification Original Plan Actually Spent Amount - 27 :/Unit:1,000 KRW Reasons for Review Adjustment comment

 Item 1. Labor cost - - Internal labor cost Existing staffs Newly-hired staffs - External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost

Cash

In-kind

Cash

In-kind

4. Subcontracting cost Sum Accrued interest: KRW thousands

, As for Original Plan, please state the amounts set forth in the Project Proposal, and ActuallySpent Amount and Reasons for Adjustment shall be filled by PI. 2. () B. Detailed disbursement statement by item (Lead Org.)
:/Unit:1,000 KRW Classification Item 1. Labor cost - - Internal labor cost Original Plan Cash In-kind Actually Spent Amount Cash In-kind Reasons for Adjustment Review comment

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 Existing staffs Newly-hired staffs - External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost

4. Subcontracting cost Accrued interest: KRW thousands

Sum

. (1) C. Detailed disbursement statement by item (Participating Org. 1)

:/Unit:1,000 KRW Classification Item 1. Labor cost - - Internal labor cost Existing staffs Newly-hired staffs - 29 Original Plan Cash In-kind Actually Spent Amount Cash In-kind Reasons for Adjustment Review comment

- External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost

4. Subcontracting cost Accrued interest: KRW thousands

Sum

All and any organization participating in the project shall fill and submit the form above individually.

5. ( , , ) Tangible deliverables (research machines & materials, facilities, equipment, prototypes, etc.)
// / () Machines & Qty. Spec. materials/facilities/e quipment/product (model name) names () Purchase price (1,000 KRW) () Seller (Tel.) ( ) Remark (Where it is installed or mounted)

Date of purchase

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 1() 1,000 Please state all and any tangible deliverables worth KRW 10 mil. or above per item purchased in cash in the course of performing the project to date. .

20 :

()

I hereby certify that all information stated above is true and correct. [dd/mm/yyyy] Principal Investigator: (Authorized seal/signature)

6. List of documents submitted by executing organization during the onsite inspection

[Standard form - 5 : Evaluation Sheet for Year-Based Project (under Progress Inspection)]

Evaluation Sheet for Year-Based Project (under Progress Inspection)

Project No. - 31 Date of evaluation 20 . . . [dd/mm/yyyy]

Project title Lead org. Evaluation category Principal Investigator (PI) Sub-category Check point Review comment

Progress in achieving goals in the correspondi ng year

Next years plan (proposal)

Result

- ? Progress in Progress in achieving the goals achieving goals vs. the original plan () - () ? Technological level Technology level (performance) (performance of core technology level) - ? Appropriateness of development Are the methodology and methodology procedures appropriate? - ? Qualitative level Does the report contain key of report information on development? - ? How specific are the technology level and goals? Clearness of - development ? goal Are the evaluation categories /check points appropriate? - , ? - Changes in market size Changes of compared with the initial year of commerciality the development(project), and economic and systematic/institutional difficulty in penetrating the market - ? Possibility of Is it possible to achieve the goal achieving the before the end of the project? goal (, ), , (, , ) Continuation (outstanding / satisfactory), Termination, Early Completion (outstanding / satisfactory, points)

- 32 -

 Overview review comment

Reviewer:

: () (Authorized seal/ signature)

- 33 -

() Overall Evaluation Sheet for Year-Based Project (under Progress Inspection)

Project No. Project title Lead org. PI Participating org. Responsible official of participating org. Evaluation result (, ), , (, , ) Continuation (outstanding / satisfactory), Termination, Early Completion (outstanding / satisfactory, points) < > < > <Please describe changes of the project status in the course of conducting the project, if any> <Please describe any change regarding the next years plan (proposal) or development methodology that deviates from the original plan.> Date of evaluation 20 . . . [dd/mm/yyyy]

Overview review comment

Authored by: Confirmed by:

: Reviewer:

() (Authorized seal/signature) (Authorized seal/signature)

: () Head of the Evaluation Committee:

[Standard form - 6 : Onsite Inspection(interview) Report on Phase-Based Project]

()
- 34 -

Onsite Inspection (Interview) Report on Phase-Based Project

1. General overview
Project title Lead org. Participating org. Year 1 Year 1 2 Year 2 3 Year 3 Sum 20 ~ 20 [dd/mm/yyyy] ~ [dd/mm/yyyy] ( 20 ~ 20 [dd/mm/yyyy] ~ [dd/mm/yyyy] ( ( ) months) ( ) months) Government contributions Civilian dues Cash In-kind Principal Investigator Responsible officer of participating org. Sum Remark

( ) () Annual project budget in Phase ( ) (1,000 KRW)

Total project period ( ) Duration of Phase ( )

2. Inspection overview
Classification Interviewer Organization Position/title Name (Authorized seal/signature) (Authorized seal/signature) (Authorized seal/signature) (Authorized seal/signature) (Authorized seal/signature) 20 [dd/mm/yyyy] Site

Interviewee

Date of inspection

) 1. . 2. . Note) 1. As for Lead Organization, please do NOT fill Table 2. Inspection Overview and the Review Comment column. 2. Details of inspection and review shall be a comprehensive opinion built on the consensus of all reviewers involved. - 35 -

3. Progress check of the corresponding phase

Category ( ) Progress in achieving the goal (State progress vs. the plans of each goals set forth in the Project Proposal) ( ) Qualitative level of deliverables (Describe the qualitative level citing the qualitative goals set forth in the Project Proposal) Original plan Actual progress Review comment

( , ) Appropriateness of development methodology (Describe the roles of Lead Org. and Participating Org. specifically in terms of trouble-shooting)

(, , )

Possibility of commercialization (State if it is likely to be commercialized based on technological trend at home/abroad, that of competitors, and price competitiveness )

- 36 -

 ( , ) Deliverables, that is, prototype (State objectively regarding drawing, % of Korean parts used in producing the deliverables, etc.

( ) Appropriates of project budget management and use (Project account statements, and original copies of receipts concerning budget disbursement shall be prepared)

Project budget account management - Operates a separate account for project budget (Y/N) - A big amount was ever withdrawn in lump sum (Y/N) - Civilian dues payment & project budget management - Withdrawn immediately after the budget was deposited to the project account (Y/N) - Cash portion of civilian dues was paid (Y/N) - Financial condition of participating organization - Partial capital erosion (Y/N) - Complete capital erosion (Y/N) - Retain the purchased device and equipment (Y/N) - Retain the purchased equipment and materials (Y/N) - Retain the manufactured prototype (Y/N) , Please choose Y or N and state in detail if applicable.

() ( ) Quantitative achievement (No. of case) (Submit detailed statements as an attached document)

Patent

Publication of Papers

/ Certified/Awarded

Register () Applied Sum ed ( (domesti (domest Domesti Oversea (domest c/overse ic/overs c s ) ic/overs as) eas) eas) () / / / ( - 37 -

Sum

Certified Awarded

Sum

Overall review comment

Overall result

(, ), , (, , ) Continuation (Outstanding/Satisfactory), Termination, Early Completion (Outstanding/Satisfactory, points)

Please state in detail as much as possible based on the Project Proposal and reports (Do not have to adhere to the given from for detailed description) 4. Project disbursement statement of the corresponding phase 1. A. Overall disbursement statement by item

:/Unit:1,000 KRW

, As for Original Plan, please state the amounts set forth in the Project Proposal, and ActuallySpent Amount and Reasons for Adjustment shall be filled by PI. 2. () B. Detailed disbursement statement by item (Lead Org.)
Classification Original Plan Actually Spent Amount

:/Unit:1,000 KRW Reasons for Review Adjustment comment

- 38 -

 Item 1. Labor cost - - Internal labor cost Existing staffs Newly-hired staffs - External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost 4. Subcontracting cost Sum

Cash

In-kind

Cash

In-kind

Accrued interest: KRW thousands

. (1) C. Detailed disbursement statement by item (Participating Org. 1)

:/Unit:1,000 KRW Classification Item 1. Labor cost - - Internal labor cost Existing staffs Newly-hired staffs - External labor cost 2. Direct cost - 39 Original Plan Cash In-kind Actually Spent Amount Cash In-kind Reasons for Adjustment Review comment

- Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost 4. Subcontracting cost Sum Accrued interest: KRW thousands

All and any organization participating in the project shall fill and submit the form above individually.

5. ( , , ) Tangible deliverables (research machines & materials, facilities, equipment, prototypes, etc.)
// / () Machines & Qty. materials/facilities/ Spec. equipment/product (model name) names () Purchase price (1,000 KRW) () Seller (Tel.) ( ) Remark (Where it is installed or mounted)

Date of purchase

- 40 -

 1() 1,000 Please state all and any tangible deliverables worth KRW 10 mil. or above per item purchased in cash in the course of performing the project to date. . I hereby certify that all information stated above is true and correct. 20 [dd/mm/yyyy] : () (Authorized seal/signature)

Principal Investigator: 6. Review of Next Phase Plan(Proposal)

Check point Review comment

- 41 -

 ( , ) How specific and clear is the development goal? (Compare the goal with that of advanced countrys product and state how to measure the progress in achieving goals, etc.)

( , ) Are the R&D strategy and operating structure appropriate? (Is the research methodology appropriate? Is the requested budget and duration reasonable?)

( ) Technological spillover effect (How much technological spillover effect does it have to other tech. areas?)

Check point

Review comment

- 42 -

 ( , ) Possibility of commercialization (Present analysis of changes in market size, competitors, etc.)

( , , ) Economic spillover effect (Export-boosting, importsubstituting, and job creating effect, etc.)

Overall Comment

7. List of documents submitted by executing organization during during the onsite inspection

[Standard form - 7 : Evaluation sheet for Phase-Based Project]

- 43 -

 Evaluation Sheet for Phase-Based Project

Project No. Project title Lead org. Participating org. Evaluation category Sub-category Check points Review comment Principal Investigator Date of evaluation 20 . . . [dd/mm/yyyy]

- ? Progress in achieving the % of goal achieved vs. the original plan goals (progress in achieving the goal) () Technological level(performance) - () ? Technological level(performance) of core technology - ? Is the methodology appropriate?

Progress in achieving Appropriateness of the goals development methodology - ? Does the report contain information on of the core development? correspondi Qualitative level of report ng Phase - ? Are core researchers managed properly? Has the technological level Management of core of the research institute improved? research personnel and growth of research institutes - ? Clearness of plan Are the technological goals clear? Is it possible to measure progress in Next achieving the goals precisely? Phase Plan - (Propo ? sal) Appropriateness of project Is the operating structure stated in the plan and achieving possibility of development plan appropriate? Is it possible to achieve the development goals within

- 44 -

the given period? - () ? Expertise and competence Does the PI has appropriate planning of PI and research team and reporting ability? Is there any members change among the research team members? Are they equipped with expertise and professional competence? - Appropriateness of ? requested budget and Are the requested budget and period project period appropriate to perform the project?
Changes in market size - ? How much has the market size changed vs. the initial year of the project? - (, ), ? What change in economic and in systematic/institutional difficulty in penetrating the market? - ? What changes in ROI? - (Life cycle)? Any changes in life cycle of maintaining ROI? prospect

goals

Technology Commerciality Next Phase Plan Result Overview review comment

Degree of difficulty penetrating the market Profitability

Long-term business

of -() global top10 ? Is it possible that the corresponding product can join the global top 10 considering the current level of 10 production technology and capability (Lead Org.)? Possibility of achieving 10ths largest global market share - , , ? Any changes in easiness of procuring materials, equipment, manpower necessary for commercialization of the deliverables? Easiness of procuring production inputs

(, ), , (, , ) Continuation (outstanding / satisfactory), Termination, Early Completion (outstanding / satisfactory, points)

Reviewer:

: () (Authorized seal/ signature)

- 45 -

[Standard form - 8 : Onsite In-Depth Investigation Report(also used as Interim Progress Report and Special Evaluation Report)]

( )

Onsite In-Depth Investigation Report

(also used as Interim Progress Report and Special Evaluation Report)
1. General Overview
Project No. Project title Lead org. Participating org. Year 1 Year 1 2 Year 2 3 Year 3 Sum Total project period ( ) Duration of Phase ( ) 20 ~ 20 [dd/mm/yyyy] ~ [dd/mm/yyyy] ( 20 ~ 20 [dd/mm/yyyy] ~ [dd/mm/yyyy] ( ( ) months) ( ) months) Government contributions Civilian dues Cash In-kind Sum Remark PI

( ) () Annual project budget in Phase ( ) (1,000 KRW)

2. Inspection overview
Classification Interviewer Organization Position/title Name (Authorized seal/signature) (Authorized seal/signature) (Authorized seal/signature) (Authorized seal/signature) 20 [dd/mm/yyyy] Site

Interviewee Date of inspection

) Note) As for Lead Organization, please do NOT fill Table 2. Inspection Overview and the Review Comment column. - 46 -

3. Progress check
Category Original plan Actual progress Review comment

( ) Progress in achieving the goal (by key goal/target)

( ) Utilization of research equipment and materials (key research equipment)

Production of prototype product (Y/N)

This form is only for a project subject to Interim progress check

4. Project disbursement statement 1.

Overall disbursement statement by item

Classification Original Plan Actually Spent Amount

:/Unit:1,000 KRW Reasons for Review Adjustment comment

- 47 -

 Item 1. Labor cost - - Internal labor cost Existing staffs Newly-hired staffs - External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost

Cash

In-kind

Cash

In-kind

4. Subcontracting cost Accrued interest: KRW thousands

Sum

1. As for Original Plan, please state the amounts set forth in the Project Proposal. 2. (, ) . Refunds (VAT, customs duty, etc.) shall be excluded in principle. . (Lead Org. of detailed project) Detailed disbursement statement by item (Lead Org. of detailed project)
:/Unit:1,000 KRW Classification Item 1. Labor cost - - Internal labor cost - 48 Original Plan Cash In-kind Actually Spent Amount Cash In-kind Reasons for Adjustment Review comment

 Existing staffs Newly-hired staffs - External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost

4. Subcontracting cost Accrued interest: KRW thousands

Sum

. (1) Detailed disbursement statement by item (Participating Org. 1)

:/Unit:1,000 KRW Classification Item 1. Labor cost - - Internal labor cost Existing staffs Newly-hired staffs - 49 Original Plan Cash In-kind Actually Spent Amount Cash In-kind Reasons for Adjustment Review comment

- External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost

4. Subcontracting cost Accrued interest: KRW thousands

Sum

All and any organization participating in the project shall fill and submit the form above individually.

5. ( , , ) Tangible deliverables (research machines & materials, facilities, equipment, prototypes, etc.)
// / () Machines & Spec. materials/faciliti (model es/equipment/pr name) oduct names () Qty. Date of purchase Purchase price (1,000 KRW) Possible to recover /redeem (Y/N)

Where it is installed/mounted

- 50 -

 1 1() 1,000 Please state all and any tangible deliverables worth KRW 10 mil. or above per item purchased in cash in the course of performing the project from Year 1 to date. . I hereby certify that all information stated above is true and correct. 20 [dd/mm/yyyy]

Principal Investigator :

: () (Authorized seal/signature)

6. List of documents submitted by executing organization during the onsite inspection

Overall Review Opinion

- 51 -

Responsible officer :

: () (Authorized seal/ signature)

- 52 -

[Standard form - 9 : Problems Project Deliberation Report]

Problematic Project Deliberation Report

Project No. Project title Lead Org. Principal Investigator Date of deliberation 20 . . . [dd/mm/yyyy]

Background of deliberation & review comment

() Sanctioning grade (suggested) Accountable Party

() Period subject to sanction (suggested) [] [] Organization Resident Registration Name the accountable party No. [Organization name] belongs to [Business Registration No.] () Period under restriction on participation (suggested)

( 10,000 ) Tangible Item Purchase price Date of purchase () Remaining value (1,000 KRW)

- 53 -

deliverables (KRW 10,000 thousand or above in purchase price) ( 10,000 ) ( 10,000 ) ( 10,000 ) ( 10,000 )

2 . As for the accountable party and tangible deliverables columns, they shall be filled only in case of Sanction Grade 2. = (36 - ( -))/36 Remaining value = purchase price x (36 months - ([mm/yy] when the problematic project is presented to the Technical Committee for deliberation - [mm/yy] when the item is purchased)/ 36 months

[Standard form - 10 : Onsite Inspection(Interview) Report on Final Project]

() Onsite Inspection (Interview) Report on Final Project

1. General Overview
Project No. Project title - 54 -

 Lead Org. Participating Org. Year 1 Year 1 2 Year 2 3 Year 3 4 Year 4 5 Year 5 Sum Government contributions Civilian dues Cash In-kind

Principal Investigator

Sum

Remark

() Annual Project Budget (1,000 KRW)

Total project period ( ) Duration of Phase ( )

20 ~ 20 [dd/mm/yyyy] ~ [dd/mm/yyyy] ( 20 ~ 20 [dd/mm/yyyy] ~ [dd/mm/yyyy] (

( ) months) ( ) months)

2. Inspection overview
Classification Interviewer Organization Position/title Name (Authorized seal/signature) (Authorized seal/signature) (Authorized seal/signature) (Authorized seal/signature)

Interviewee

20 Date of Site [dd/mm/yyyy] inspection ) 1. . As for Lead Organization, please do NOT fill Table 2. Inspection Overview and the Review Comment - 55 -

column. 2. . Details of inspection and review shall be a comprehensive opinion built on the consensus of all reviewers involved.

3. ( ) Progress check (this form shall be filled based on the final report and the reported progress shall be confirmed at the site)
Category ( ) Progress in achieving the goal (State progress vs. the plans of each goals set forth in the Project Proposal) Original plan Actual progress Review comment

( ) Qualitative level of deliverables (Describe the qualitative level citing the qualitative goals set forth in the Project Proposal)

( , ) Appropriateness of the operating structure (Describe the roles of Lead Org. and Participating Org. specifically in terms of trouble-shooting)

(, , ) Possibility of commercialization (State if it is likely to be commercialized based on technological trend at home/abroad, that of competitors, and price competitiveness ) ( , ) Deliverables, that is, prototype (State objectively regarding drawing, % of Korean parts

- 56 -

used in producing the deliverables, etc.

( ) Appropriates of project budget management and use (Project account statements, and original copies of receipts concerning budget disbursement shall be prepared)

Project budget account management - Operates a separate account for project budget (Y/N) - A big amount was ever withdrawn in lump sum (Y/N) Civilian dues payment & project budget management - Withdrawn immediately after the budget was deposited to the project account (Y/N) - Cash portion of civilian dues was paid (Y/N) - Financial condition of participating organization - Partial capital erosion (Y/N) - Complete capital erosion (Y/N) - Retain the purchased device and equipment (Y/N) - Retain the purchased equipment and materials (Y/N) - Retain the manufactured prototype (Y/N) , ( Please choose Y or N and state in detail if applicable. )

Patent Publication of Papers () ( ) Register Quantitative Applied Sum ed achievement (domest (domest Domesti Overse (domest Sum (No. of case) ic/overs ic/overs c as ic/overs (Submit detailed eas) eas) eas) statements as an attached document) / / /

/ Certified/Awarded

Certified Awarded

Sum

- 57 -

 Overall review comment

Overall result Composite score

(, ), ( Success (Outstanding/Satisfactory), ( ( ) ) points

) Failure (

Please state in detail as much as possible based on the Project Proposal and reports (Do not have to adhere to the given from for detailed description) ( ) Composite score shall be given only for a project rated as Success in the onsite inspection. Please apply final evaluation categories applicable to the corresponding project mutatis mutandis (Lead Org. does not have to fill it) - : ( ) Attached : Evaluation Scorecard for the corresponding final project singed by onsite inspection reviewers (Lead Organization does not have to prepare said sheet separately)

4. Total project budget disbursement 1. Overall disbursement statement by item

:/Unit:1,000 KRW Classification Item Original Plan Cash In-kind Actually Spent Amount Cash - 58 In-kind Reasons for Adjustment Review comment

1. Labor cost - - Internal labor cost Existing staffs Newly-hired staffs - External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost

4. Subcontracting cost Accrued interest: KRW thousands

Sum

, As for Original Plan, please state the amounts set forth in the Project Proposal, and Actually-Spent Amount and Reasons for Adjustment shall be filled by PI.

2.

() Detailed disbursement statement by item (Lead Org.)

Classification Original Plan Cash In-kind Actually Spent Amount Cash In-kind

:/Unit:1,000 KRW Reasons for Adjustment Review comment

Item 1. Labor cost - - Internal labor cost Existing staffs Newly-hired staffs

- 59 -

- External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost

4. Subcontracting cost Accrued interest: KRW thousands

Sum

3.

(1) Detailed disbursement statement by item (Participating Org. 1)

Classification Original Plan Cash In-kind Actually Spent Amount Cash In-kind

:/Unit:1,000 KRW Review comment

Item 1. Labor cost - - Internal labor cost Existing staffs Newly-hired staffs - External labor cost 2. Direct cost

Reasons for Adjustment

- 60 -

- Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost

4. Subcontracting cost Accrued interest: KRW thousands

Sum

All and any organization participating in the project shall fill and submit the form above individually.

5. ( , , ) Tangible deliverables (research machines & materials, facilities, equipment, prototypes, etc.)
// / Machines & materials/facilities/ equipment/product names () Spec. (model name) () Purchase price (1,000 KRW) () Seller (Tel.) ( ) Remark (Where it is installed or mounted)

Qty.

Date of purchase

- 61 -

 1() 1,000 Please state all and any tangible deliverables worth KRW 10 mil. or above per item purchased in cash in the course of performing the project to date.

. I hereby certify that all information stated above is true and correct. 20 [dd/mm/yyyy] : () (Authorized seal/signature)

Principal Investigator:

6. List of documents submitted by executing organization during the onsite inspection

[Standard form - 11 : Evaluation Scorecard for Final Project]

Evaluation Scorecard for Final Project

Project No. Date of evaluation 20 . . . [dd/mm/yyyy]

- 62 -

 Project title Lead Org. Principal Investigator

Scores Evaluation category Subcategory Check point SubExcellent Superior Standard standard Poor A+ A0 B+ B0 B- C+ C0 D+ D0 E

- ? Progress in achieving the original goals - 10 ? Are the check points for evaluation Progress in the developed technology achieving the on final goals appropriate? (% of goals < > achieved) <Comment>

1. Progress in achieving goals (30 points)

Appropriatene ss of performance of the deliverables

- ( , ) ? Are the deliverables found to be 10 desirable in the performance evaluation ? (i.e. test scores, certificates issued by related authorities, etc.) < > <Comment> - ? Is the methodology for achieving the 10 development goals appropriate? < > <Comment> - ? - Is it possible to apply the developed 10 technology to manufacturing a product < > <Comment>

Appropriatene ss of the methodology/ approach Practicality of the deliverables

- ? How distinctive is the developed 2. technology compared with the existing 10 Technology domestic and foreign technologies? (30 points) Technological < > level/performa <Comment> nce

- ? 10 How much spillover effect does the Technological developed technology have to other technologies?

- 63 -

spillover effect

< > <Comment>

Appropriatene ss of commercializa tion strategy

- ? Is it possible to explore sales 10 channels? How appropriate is the investment plan? < > <Comment>

3. Economic benefit & commerci ality (40 points)

- , ? - Is it easy for the developed 10 technology/product to penetrate the market and is it possible to take up a Market certain market share? penetration < > and market <Comment> shares

Profitability

- ? - How much returns on investment are 10 expected? < > <Comment>

Economic spillover effect

- , , ? - How much effect does it have in 10 boosting export, substituting imports, and creating jobs? < > <Comment>

Overall review comment

Evaluation result

(, ), (, ) Success (Outstanding/Satisfactory) Failure (With/Without Good Faith Effort)

Total

points

- 64 -

Reviewer:

: () (Authorized sea/ signature)

[Standard Form - 1 : Agreement on Feasibility Study under International Collaborative R&D Program]

Agreement on Feasibility Study under International Collaborative R&D Program

Project Title Term of Agreement () Project Budget (1,000 KRW) 20 20 ( ) [dd/mm/yyyy] ~ [dd/mm/yyyy] ( months) Government Contributions Civilian Cash In kind - 65 -

 Total Dues Others Sum Total Principal Investigator Parties to Agreement Organizatio n Name Position () (Party A) President of Korea Institute for Advancement of Technology () (Party B) Name of Lead Organization Representative Name of Organization Name of Organization Name of Organization Name of Organization Representative Representative Representative Representative

Participating Organization Subcontract Organization

() () . Party A and Party B hereby conclude the following Agreement to perform the Project on Feasibility Study under International Collaborative R&D Program as follows.

1 ( ) Article 1 (Purpose and Details of Agreement)

( ) 2 ( ) . In accordance with this Agreement, the purpose and details of the Project on Feasibility Study under International Collaborative R&D Program shall conform to the purpose and details of Project Plan on Feasibility Study under International Collaborative R&D Program (hereafter referred to as "Project Plan") in the Annex 2.

2 ( ) Article 2 (Perform with Honesty and Sincerity for the Project of Feasibility Study)
() , ,,() , , , , ( ) 1 . Party B shall perform the Project under Article 1 hereof in good faith under the coordination and supervision of Principal Investigator in accordance with this Agreement andIndustrial Technology Promotion Act, and the Enforcement Decree and Enforcement Rules thereof,the Common Operational Regulations for Knowledge Economy Technology Innovation Programs,the Evaluation Guideline for the Knowledge - 66 -

Economy Technology Innovation Programs (International Collaborative Research and Development Programs),the Comprehensive Regulations on Collection, Use and Management of Royalties,the Operational Regulation for Calculation, Management and Use and Settlement of Project Budgets under Knowledge Economy Technology Innovation Programsand the regulations on follow-up management (hereinafter called Related Law)

3 ( ) Article 3 (Payment of Costs for the Project)

(1) 1 () 11 4 14 1 ( ) () ( ) ( ) . : 20 : Korea Institute for Advancement of Technology (hereafter referred to as "Dedicated Organization") in accordance with Clause 4 of Article 11 on the Industrial Technology Innovation Promotion Act and same Decree for Clause 1 of Article 14 shall pay government contributions as Costs for the Project(hereafter referred to as "Costs") which was submitted as "Account for Government Contributions (hereafter referred to as "Account")" by Party B upon conclusion of the Agreement. Date of Payment : Costs : . . 20 . thousand KRW

(2) () 1 . , Notwithstanding the provision of the foregoing Article 1, Party A or Dedicated Organization shall coordinate the term and amount of payment for government contributions for the following clauses. In accordance with Clause 3 of Article 21 of Operational Regulations Matters in need of coordination for consideration of government budget and fund Matters in need of coordination for amendment or termination of the Agreement hereof. (3) () ( ) 26 . Party B shall use and manage the Costs paid (including the generated interests) in accordance with Article 26 of Operational Regulations with Due Diligence.

4 ( ) Article 4 (Report on the Project Outcome and Costs Spent)

(1) () 20 . - 67 -

Party B shall submit planning for Full Scale Project including the outcome of feasibility study and report for Costs Spent in accordance with Operational Regulations until [dd/mm/yyyy] to Dedicated Organization. (2) () 1 () , () () . Party A or Dedicated Organization reserves the right to request Party B to redress or complement the planning and report of the above Clause 1 when deemed necessary. Party B shall redress or complement the details of the Project upon request of Party A and Dedicated Organization.

5 ( ) Article 5 (Submission of Related Materials and etc)

() (), , , . Party B shall respond in sincerity to request for confirmation of site performance of the Project, reading of related document and submission of related materials by Party A and Dedicated Organization or person designated by Party A and Dedicated Organization.

6 ( ) Article 6 (Amendment of Agreement)

() () . Party A or Dedicated Organization and Party B reserves the right to amend the provisions in the Agreement hereof and details of the Project Plan in accordance with procedures and methods defined in Operational Regulations.

7 ( ) Article 7 (Termination of Agreement)

(1) () () . Party A and B reserve the right to terminate the Agreement hereof in serious violation of the Agreement hereof by the other Party. (2) () . () Party A reserves the right to terminate the Agreement hereof set forth in any of the following subparagraphs occur. - 68 -

 When it is deemed difficult to expect intended outcome or lack of ability to perform such development is warranted due to suspended performance of the Project. When goal of the Project has been accomplished by another program and accordingly continued the Project is no longer necessary. When it is deemed difficult or unnecessary to continue the Project due other serious causes. When it is deemed unnecessary to continue the Project in accordance with performance of industrial technology policy by Party A. When the lead organization intends to discontinue performing the Project. (3) () 3 () , 15 . When the Agreement is terminated, Party B shall discontinue the use of the Costs and report the details of execution of the government contributions it received and the balance to Party A or Dedicated Organization without any delay in accordance with Article 3. Party B shall pay the restituted amount in accordance with settlement to account designated by Dedicated Organization within 15 days of notification.

8 ( ) Article 8 (Intellectual Property Rights and Reversion of Items, etc)

() . Materials generated in the process of executing the Project and intellectual property rights obtained as a result of the Project shall come into possession of Party B.

9 ( ) Article 9 (Utilization of Project Outcome)

() . Party A shall put into use the outcome of the Project to establishment of industrial technology policy or pursuing of technology development Project.

10 ( ) Article 10 (Compliance with Related Law)

() , , . () () () . In the process of accomplishing the Project hereof, Party B shall comply with the Industrial Technology Innovation Promotion Act and the Enforcement Decree, Operational regulations and Management Guidelines and Related Decree for provisions not stated in the Agreement hereof. In violation of the Agreement and Related Decree hereof by Party B, Party A or Dedicated organization reserves the right take punitive measures in accordance with Operational Regulations against Party B.

11 () Article 11 (Others)
- 69 -

(1) () . When Party B deems necessary to open or present the outcome of the Project to the public, Party B shall announce that it was performed as the Project for feasibility study of International Collaborative R&D Program by Ministry of Knowledge Economy. (2) . If any provision which is not mentioned in the Agreement hereof, related regulations in the Related Decree is considered as provisions under the Agreement hereof.

12 ( ) Article 12 (Interpretation and settlement of conflict)

(1) , () . The Agreement hereof shall be written both in Korean and English together and in case of any divergence of interpretation, the Korean text and interpretation by Party A will prevail. (2) . . The conflict which may occur during performance of the Project for clauses not defined in the Agreement hereof, shall be settled in consultation between Parties. If the conflict is not settled upon consultation, it shall be referred to the court of justice in the jurisdiction of Party A for settlement by arbitration.

2 (), () 1 . Party A and Party B shall draw up 2 copies of the Agreement and keep an original copy of signed Agreement respectively as evidence of the conclusion of the Agreement hereof.

(Annex): 1. 1 An original copy of Project plan for Feasibility Study under the International Collaborative R&D Program 2. 1 A copy of an Agreement between Lead Organization and Participating Organization if necessary 3. 1 A copy of bank statements of Government Contribution Account 4. 1 A copy of Letter of Request for Project Budget 5. 1 - 70 -

An original copy of Certificate of one's seal impression of Lead Organization (can be omitted if lead organization is from the U.S.) if necessary 6. , 1 A copy of Letter of Commitment of Cash and In-Kind Contributions of Lead Organization and Participating Organization, respectively if necessary 7. ( ) 1 A copy of evidentiary document of payment of the cash portion of the Civilian Dues (a copy of bank statements) if necessary

20 Date : () For Party A President of Korea Institute for Advancement of Technology ()

(Authorized seal/signature)

Address 135-513 Korea Technology Center 305 Teheranno Kangnam-Gu, Seoul, Korea

() For Party B (Name of Lead Organization) (Representative) (Principal Investigator) Address: () (Authorized seal/signature) () (Authorized seal/signature)

- 71 -

[Standard Form - 2 : The Agreement on Full Scale Project under International Collaborative R&D Program]

( ) The Agreement on Full Scale Project under International Collaborative R&D Program
Project Title Total Project Period 20 20 ( ) From DD-MM-YYYY until DD-MM-YYYY ( months) Government Contributions Cash In-Kind Civilian Sum Due Others Total

Total Budget (Unit: KRW 1000)

( ) 20 20 ( ) Term of Phase ( ) From DD-MM-YYYY until DD-MM-YYYY ( months) Agreement ( ) 1 (Year 1) 2 (Year 2) 3 (Year 3) (Sum) Phase ( ) Agreement DD-MM-YYYY ~ DD-MM-YYYY ~ DD-MM-YYYY ~ DD-MM-YYYY ~ Project Period DD-MM-YYYY DD-MM-YYYY DD-MM-YYYY DD-MM-YYYY Government Contributions () Cash Total Budget (Unit: Civilian In-Kind KRW Dues Sum 1000) Others Total Principal Investigator Parties to Agreement Organization Name

Position/Title President

() (Party A) Korea Institute for Advancement of Technology () (Party B) (Representative)

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 Participating Organization () ()

(Representative) (Representative) (Representative) .

For the purpose of execution of the above-mentioned full scale project under this Agreement on Full Scale Project under International Collaborative R&D Program (Agreement), Party A and Party B agree as follows:

1( ) Article 1 (Purpose)
1 ( ) . The purpose and details of the full scale project to be executed under the Agreement shall be in accordance with the purpose and details of 'Proposal for Full Scale Project Under International Collaborative R&D Program' ("Proposal") presented in Appendix 1 hereof.

2 ( ) Article 2 (Definition of Terms)

( ), ( ), , , , . Unless otherwise specified, definitions of all terms used herein shall be subject to the Common Operational Regulations for Knowledge Economy Technology Innovation Programs(hereinafter called Operational Regulations),the Evaluation Guideline for International Collaborative Research and Development Programs(hereinafter called Guideline),the Comprehensive Regulations on Collection, Use and Management of Royalties,the Operational Regulation for Calculation, Management and Use and Settlement of Project Budgetsand other supplementary rules.

3( )

Article 3 (Principle of Good Faith)

(1) , , , , ( ) , , , , 1 . Parties to this Agreement shall perform the Project under Article 1 hereof in good faith under the coordination and supervision of Principal Investigator in accordance with this Agreement andIndustrial Technology Promotion Act, and the Enforcement Decree and Enforcement Rules thereof,the Common Operational Regulations for Knowledge Economy Technology Innovation Programs,the Evaluation Guideline for the Knowledge Economy Technology Innovation Programs (International Collaborative Research and Development Programs),the Comprehensive Regulations on Collection, Use and Management of Royalties,the Operational Regulation for Calculation, Management and Use and - 73 -

Settlement of Project Budgets under Knowledge Economy Technology Innovation Programsand the regulations on follow-up management (hereinafter called Related Law) (2) (1) . All project participants referred to in the foregoing (1) shall make their best effort to comply withthe Regulations on Research Ethics and Integritydesigned to secure research ethics, and the Regulations on Security Control of the Knowledge Economy Technology Innovation Programsdesigned to establish and enforce security measures for research and development projects.

4 ( ) Article 4 (Rights and Responsibilities of Parties)

(1) () . () , ( ), () , Party A shall have the rights and responsibilities set forth in each of the following subparagraphs: Payout of the government contributions among the project budget Progress check and interim evaluation on a project led by Party B (Annual and phase-based evaluation), roles relating to evaluation and management of projects such as onsite inspection Evaluation of project budget management and disbursement report by Party B and settlement of budget balance Management and supervision of utilization of deliverables Collection of royalties Other incidental matters necessary to perform the roles set forth in Subparagraphs ~ above, and those defined as the authorities of a Dedicated Organization by the Operational Regulations and Guidelines (2) () . () , () - 74 -

 Party B shall have the rights and responsibilities set forth in each of the following subparagraphs: Overall management regarding conclusion and performance of an agreement on a project Payment of civilian dues, a portion of project budget to be borne by Party B Securing participating personnel and facilities necessary to perform a project and administrative support Management of project budget and report of budget disbursement results Submission of interim reports(annual, progress, phase-based) and final report Utilization of deliverables and submission of a deliverables utilization report, etc. Collection, use, and payment of collection and report thereof Submission of survey, analysis, and evaluation reports on national research and development programs Security control of the ongoing project Compliance with research ethics Other matters defined as the rights or responsibilities of a dedicated organization by the Operational Regulations and Guidelines. (3) () () () . Party B and Participating Organizations shall agree and be cooperative with Party A and/or a person appointed by Party A with respect to their effort to collect and utilize information on the deliverables and participating personnel, etc. of the project.

5( ) Article 5 (Disbursement of Project Budget, etc.)

(1) 1 () 11 4 14 1 ( ) () ( ) . For the purpose of pursuing a full scale project referred to in Article 1 hereof, Party A, Korea Institute for Advancement of Technology under Article 11 (4) of the Industrial Technology Innovation Promotion Act and Article 14 (1) of the Enforcement Decree of the same Act (hereinafter called "Dedicated Organization" or "DO"), shall disburse the government contributions of the project budget to thegovernment contribution account(hereinafter called "Project Account"), which was designated and specified by Party B at the time when the parties hereto concluded the Agreement. (unit: KRW thousand)
( ) Classification (Phase ) 1 Year 1 2 Year 2 3 Year 3 Date of disbursement of government contributions 20 [Feb. 15. 2009] 20 [Jan. 31. 2010] 20 [Jan. 31. 2011] Government contributions

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(2) (1) ( ) () . () () , () . () 11 .

All participating organizations shall pay contributions in cash and in- kind, independent of the government contributions referred to in the foregoing (1), (hereinafter called "Civilian Dues") of the project budget to Party B as follows. The cash portion of the Civilian Dues shall be paid in cash to Party Bs Project Account before the deadline set by Party B, and in-kind contribution shall be furnished to Party B at the time of Party B's choice and thereby allow Party B to use it without restriction. If Party B is a corporation that falls under those referred to in Article 11 of the Enforcement Decree of the Industrial Technology Innovation Promotion Act, it shall also have the rights and obligations of a participating company. (unit: KRW thousand)
( ) Phase ( 1 ) 1 Year 1 (MM. DD. YYYY ~ (MM. DD. YYYY) Project budget Amount Cash Date of disbursement Amount In kind Date of disbursement Sum Amount Cash Date of disbursement Amount In kind Date of disbursement Sum Amount Cash Date of disbursement Amount In kind Date of disbursement Sum Name of Organization Name of Organization Name of Organization Name of Organization. Name of Organization

2 Year 2 (MM. DD. YYYY ~ (MM. DD. YYYY)

3 Year 3 (MM. DD. YYYY ~ (MM. DD. YYYY)

(3) () (1) . () , () ( ) - 76 -

Notwithstanding the foregoing (1), Party A may adjust the disbursement amount and the date of disbursement of the government contributions in the event of each of the following subparagraphs: where adjustment is needed due to a limited government budget or financial constraint; Where the agreement has been amended due to reduction of the project budget or shortening of the total project period where adjustment is needed due to an amendment to or termination of this Agreement; where it is necessary to adjust the amounts following the results of the annual progress inspection and the interim evaluation conducted by Party A or a person they appointed for such purpose; and where adjustment is needed due to any causes beyond the control of Party A or the DO (hereinafter called "Force Majeure"). (4) () ( ) 26 (, . .) . Party B and the participating organizations shall use and manage the project budget (including government contributions, the Civilian Dues and accrued interest thereon; the same shall apply hereinafter) with the care of bona fide managers in accordance with Article 26 of the Common Operational Regulations for Knowledge Economy Technology Innovation Programs (hereinafter called Operational Regulations). (5) , (), , . Party A may make inquiry of details of project budget disbursements on a regular or a real-time basis through inquiry on the financial transactions of the Project Account for the purpose of effective pursuit of the full scale project hereunder and transparent execution of the project budget. In such a case, any person that uses and manages the project budget such as Party B, participating organizations, subcontract organizations and so forth shall consent to such inquiry. (6) () () (1) (2) , (4) . To effectively pursue the full scale project hereunder, Party B may disburse a part of the project budget received under the foregoing (1) or (2) by concluding an agreement with a participating organization, and the participating organization shall use and manage the received budget with the care of bona fide managers pursuant to the foregoing (4).

6( ) Article 6 (Report on Deliverables and Budget Disbursement)

(1) () . . Party B shall prepare an annual report using a given form and submit it to the DO before the closing date - 77 -

of the corresponding year. In this event, the subcontract organizations account settlement for an annual budget may be omitted. (2) () 1 1 (1 2 ), () . () 3 () . . In the event that Party B executes a phased-based project, it shall submit to Party A an interim report (Phase 1 result report and Phase 2 proposal) prior to one month from the closing date of Phase 1. In addition, Party B shall submit the project budget disbursement results to the head of a subcontracted settlement agency appointed by the head of Party A within three months from the closing day of the corresponding Phase Agreement. As for an overseas organization, it may have the accounts of a project budget settled by a subcontracted settlement agency that had been separately appointed by such a overseas organization. (3) () 1 () , () () 5 2 () () . () . Party B shall submit to Party A a final report prior to one month from the closing date of the total project period, and also a deliverables utilization report in accordance with the procedures and methods separately specified by Party A, by the end of every February for five years from the year of Party As notification of the Final Evaluation result. Party A may determine success or failure of the project by reviewing the final report. (4) () (1), (2) (3) , () , () () . Party A may request Party B to correct or supplement a result report, a next phase proposal, and a deliverable utilization report specified in the foregoing (1), (2) and (3), if necessary. In such case, Party B shall correct or supplement details of a project as requested by Party A. (5) () () , () () () . To confirm that the project budget is disbursed in a transparent and fair manner, Party A may request Party B and participating organizations to submit documents on budget disbursement results or conduct onsite inspection thereof, and Party B and participating organizations shall faithfully respond to such request by Party A or a person appointed by Party A. (6) () . () 15 - 78 -

 () . Party B may carry forward a balance of the project budget generated in the corresponding year or phase to the next year or phase. Within fifteen days from the day that Party A had notified Party B of its review result of the project budget account settlement report, Party B shall remit an unused amount of the government contributions from the balance of the total project budget to a bank account designated by the Party A in accordance with the Party A's review result of the project budget account settlement report.

7( ) Article 7 (Submission of Related Documents, etc.)

(1) () () , , . In the event that Party A or a person they had appoint for such a purpose, requests an onsite investigation, inspection of related documents, and submission of related materials, Party B shall comply with such request in good faith and cause the participating organizations and subcontract organizations to comply with such request. (2) () () , , , () () . 4 11 . Party A and Party B shall send all communications, notices or the like in writing to the other party to their respective address specified in the Agreement via content-certified mail, registered mail, electronic mail, etc. In the event that there is any change in the address of Party A or Party B, they shall immediately advise the other party thereof. In such event, the due date for mandatory notification refers to the due date for submission of a result report under Article 4 Report on Deliverables and Budget Disbursement hereof and the effective period of rights and obligations under Article 12 Applicable Laws and Regulation hereof.

8( ) Article 8 (Amendment)
(1) () () . Party A and Party B may amend and change the details of the Proposal and this Agreement in accordance with the procedures and methods specified in the Operational Regulations or the Guideline. (2) () , () / , , , , , 1 () . . Party B intends to change the goals set forth in the Proposal, replace Party B or participating organization/company, adjust the total project period, replace a principal investigator, change expensive - 79 -

research equipment, materials and facilities, increase a budget for labor cost and subcontract cost, or adjust the total project budget of each executing organization deviating from the original amount under the agreement, it shall obtain approval thereof from Party A prior to one month from the closing date of the year that causes of such amendment occur. Such approval shall be sought in accordance with the rules and procedures specified in the Operational Regulations and Guideline, etc. (3) () (2) (3) () () () () . In the event Party B or participating organizations seek approval of Party A for replacement of Party B or participating organizations under the foregoing (2) or (3), the newly replaced Party B or participating organizations shall conclude the International Collaborative R&D Project Transfer and Assignment Agreement, under which the newly replaced Party B or participating organizations shall assume all rights and obligations of the previous Party B or participating organizations, arising out of execution of the project or utilization of deliverable hereunder. A notarized copy of the executed Bilateral International Collaborative R&D Project Transfer and Assignment Agreement shall be submitted to Party A. (4) . Other specific matters concerning amendment of this Agreement shall be subject to the Operational Regulations and Guideline

9( ) Article 9 (Termination)
(1) () () , () . 24 () , , ( ) 3 4 4 3 4 () In the event that Party A or Party B is in breach of any provisions of the Agreement, the other party may terminate this Agreement. Party A may terminate this Agreement in the event of each of the following cases: - 80 -

 where an event set forth in Article 24 'Termination of an Agreement' of the Operational Regulations occurs; where an organization that executes or utilizes the full scale project such as Party B, a Principal Investigator, participating organization and its representative, a subcontract organization or a project leader of a subcontracted project (hereinafter called "Executing Party") delays in paying or fails to pay the Civilian Dues under Article 3 hereof without any justifiable reason; where an Executing Party inappropriately disburses or manages the project budget under Article 4 hereof; where submission of a result report under Article 4 hereof has been delayed for more than three months without any justifiable reason or such a report has been falsely prepared; where Party A, or a party they had appointed, had classified the project as "Termination" in the annual progress inspection or the interim evaluation of the result report submitted under Article 4 hereof. where the goal of the project had been already achieved through a different project, so there is no need to continue it; where MKE finds it unnecessary to continue the project in light of the industrial technology policies; and where it is deemed that other cause having the same degree of significance as the foregoing through occurs. (2) 3 () , () () 1 () . In the event of termination of this Agreement, an Executing Party shall immediately stop using the project budget and report to the head of Party A with the detailed statements of the disbursements and a balance of the government contributions without any delay. The Executing Party shall remit an amount subject to restitution, calculated from the Party A's review result of the account settlement, to a bank account designated by Party A within one month from the day that Party A had notified such amount subject to restitution.

10 Article 10 (Conclusion of License Agreement and Payment of Royalty)

(1) () 11 () , () , () . . In the event that Party B is a for-profit organization as defined by Article 11 of the Enforcement Decree of the Industrial Technology Promotion Act, the licensee companies that utilize the deliverables of the full scale project shall be all of Party B and the participating organizations, who are for-profit companies, and in the event that Party B is a non-profit organization such as universities & colleges, research institutes, the licensee companies shall be all of the participating organizations, who are for-profit companies. In any event, the licensee companies shall enter into license agreement, collect royalties and directly pay collected - 81 -

royalties to Party A and there must be at least one Korean company among the licensee companies. [ ] [Projects subject to fixed royalty] (2) () , , () () 30 1 . , () () . Once Party A classifies a project as early completion or success in the annual, phased-based or final evaluation, and completes the settlement of the project budget and determines and notifies a royalty rate, Party B shall take all and any necessary actions to utilize the deliverables under this Agreement, that is, concluding a license agreement with a licensee company under the foregoing Paragraph (1) within 30 days from the day it was notified of said royalty rate; provided, however, that if Party B is a licensee company, it may submit a fixed royalty payment plan using the given form to Party A as a substitute for a license agreement. (3) () 2 () 30 1 1 . , () () , () () 1 . Notwithstanding the foregoing Paragraph (2), in the event that the licensee company under the foregoing Paragraph (1) does not conclude a license agreement within 30 days from the day a royalty rate was notified by Party A without any justifiable reason, Party B may conclude a licensee agreement with a third party other than the licensee company under the foregoing Paragraph (1); provided, however, that in such case, Party B shall obtain prior approval of all accompanying matters from Party A, and if Party B has obtained Party B's approval thereof, the company that intends to become a licensee shall assume all rights and duties of the licensee company under the foregoing Paragraph (1). (4) () 3 () , , () . In case where Party A requests prior approval of the replacement of the licensee company from Party A pursuant to the foregoing Paragraph (3), a transfer agreement providing that the company that intends to be a licensee shall assume all rights and duties of the previous licensee company arising from the execution of the project or utilization of deliverables under this Agreement shall be concluded using the given formTransfer Agreementand Party B shall submit a notarized copy of the Transfer Agreement to Party A. (5) 1 3 () () . Notwithstanding the foregoing Paragraphs (1) through (3), Parties may not conclude a license agreement - 82 -

on a project not subject to royalty collection among the projects executed by Party B and Party C. (6) 2 () ( . .) . Until a license agreement under the foregoing Paragraph (2) is concluded, Party B and participating organizations are obliged to pay royalties as determined according to their respective participation rates (including civilian dues in cash and in kind; hereinafter the same shall apply.) (7) () () () . , () . Party B shall collect fixed royalties from a licensee company that has concluded a license agreement to utilize the deliverables under the foregoing Paragraph (2) according to the procedures and methods determined by Party A as follows and pay said collected royalties to Party A; provided, however, that Party A may collect royalties from a licensee company in person, if deemed necessary: Project title Lead Org. Participating Org. Fixed royalty rate %

0% As for projects not subject to royalty collection, please state 0% in the table above. (8) , , , . Regarding other detailed matters on applying and collecting royalties, the Operational Regulations and the Guideline andThe Comprehensive Regulation on Collection, Use and Management of Royaltiesshall be followed. [ ] - [Project subject to Running Royalty] - in case where the lead organization is a company (2) () () ( ) . - 1 : 3 31( : ~ 1231) - 2 : 3 31( : 11 ~ 1231) - 3 : 3 31( : 11 ~ 1231) - 4 : 3 31( : 11 ~ 1231) - 5 : 3 31( : 11 ~ 1231) - 6 : 3 31( : 11 ~ 1231) - 7 : 3 31( : 11 ~ 1231) Party B shall submit all evidentiary documents regarding sales revenues generated from the deliverables of the full-scale project under this Agreement using the given forms provided by Party A for ( ) years and the due dates for submission are as follows: - 1st due date: Mar. 31, [yyyy(Calculation period: the closing day of the project ~ Dec. 31, [yyyy]) - 83 -

- 2nd due date: Mar. 31, [yyyy](Calculation period: Jan. 1, [yyyy] ~ Dec. 31, [yyyy]) - 3rd due date: Mar. 31, [yyyy](Calculation period: Jan. 1, [yyyy] ~ Dec. 31, [yyyy]) - 4th due date: Mar. 31, [yyyy](Calculation period: Jan. 1, [yyyy] ~ Dec. 31, [yyyy]) - 5th due date: Mar. 31, [yyyy](Calculation period: Jan. 1, [yyyy] ~ Dec. 31, [yyyy]) - 6th due date: Mar. 31, [yyyy](Calculation period: Jan. 1, [yyyy] ~ Dec. 31, [yyyy]) - 7th due date: Mar. 31, [yyyy](Calculation period: Jan. 1, [yyyy] ~ Dec. 31, [yyyy]) (3) () 1 ( %) () . Party B shall pay ( )% of sales revenues under the foregoing Paragraph (1) as royalties by the due dates set forth by Party A. (4) . "Sales revenues" in this Article refers to revenues that a licensee company generates by utilizing the deliverables of the project. (5) () () . In case where Party B fails to meet the due date, Party A may recover royalties receivable and take other sanctions or penalties under the Operational Regulations and the guidelines. (6) . The agreement on royalty concluded before the signing of this Agreement regarding a project classified as continuation shall be deemed to be concluded under this Agreement. (7) , , , . Regarding other detailed matters on applying and collecting royalties, the Operational Regulations and the Guideline andThe Comprehensive Regulation on Collection, Use and Management of Royaltiesshall be followed. [ ] - [Projects subject to running royalty] - in case where the lead organization is a non-profit organization (2) () 1 . Party B shall conclude a license agreement with participating organization or the participating company under the foregoing Paragraph (1) and collect royalties. (3) () 1 , . 10 . 10% . 5% . 2 3 100 50 - 84 -

, 2 . 1 ( ) 5 2 3 100 25 . , 141 . Party B shall determine the due amount, royalty rates, due date of payment, etc. within the scope set forth in each of the following subparagraphs through consultation with participating organization or the participating company under the foregoing Paragraph (1): The period subject to royalty collection shall be determined within 10 years from the day the license agreement is concluded. The amount of initial payment shall be determined within 10% of government contributions other than direct costs through consultation; provided, however, that the same may not apply if the participating company is a licensee company. Royalty rate shall be determined within 5% of the sales revenue generated from utilization of deliverables by the licensee company. In case where a licensee company is a small or medium sized enterprise ("SME"), 50% of the royalty amounts under the foregoing subparagraphs and may be exempt, and the initial payment under the foregoing may be paid in installments. In case where a licensee company does not fall under the category of SMEs and has less than 1000 regular employees and less than KRW 500 billion in total assets (refers to total assets specified in the balance sheet as of the end of the pervious fiscal year), 25% of the royalty amount under the foregoing subparagraphs and may be exempt; provided, however, that the same may not apply to a company that is a member of an enterprise group subject to the limitations on total investment amount under Paragraph (1) of Article 14 of the Monopoly Regulation and Fair Trade Act. (4) , , , . Regarding other detailed matters on applying and collecting royalties, the Operational Regulations and the Guideline andThe Comprehensive Regulation on Collection, Use and Management of Royaltiesshall be followed.

11( ) Article 11 (Ownership of Intellectual Property Right and Tangible Items, etc.)
(1) , () . , . The ownership of the Tangible Items including research equipments, facilities, pilot products, etc. generated as a result of execution of the project shall belong to Party B; provided, however, that the Tangible Items for which the participating organization has borne the cost on the condition that the ownership thereof belongs to said participating organization as defined in the agreement may be owned by said participating organization. - 85 -

(2) , () . , , () . () , () The ownership of the Intangible Items including intellectual property rights, the copyright of a report, etc. shall belong to Party B; provided, however, that in the event of any of the following subparagraphs, the Intangible Items may be owned by the participating organizations or jointly owned by Party B and the participating organizations where the participating organization has developed the Tangible Items on its own or played a dominant role in developing such Intangible Items. where Party B has no intention to own the Intangible Items. where it is deemed more effective for the participating organization to own the Intangible Items or for Party B and the participating organizations to jointly own the Intangible Items for the purpose of utilization of deliverables. (3) () , 1 2 , ( ) . 1 2 In the event of any of the following subparagraphs, Party B or the participating organization may grant the deliverables acquired under the foregoing (1) or (2) to the other participating organizations, licensee companies or other proper organizations (organizations existing and operating in Korea shall be given priority) in consultation with the other participating organizations and licensee companies of the corresponding project. where as for the Tangible Items under the foregoing (1), the executing organization that owns the deliverables has collected an amount equivalent to the portion corresponding to the government contributions in the form of royalties, etc. from the licensee companies, etc. where as for the Intangible Items under the foregoing (2), the royalties due have been fully collected from licensee companies, etc. (4) . , , , . - 86 -

 1 6 () . 3 () . The head of Party B shall take measures set forth in each of the following subparagraphs in applying for or registering intellectual property rights resulting from the project under this Agreement: In the application for intellectual property rights, information indicating government funding, including the identification number of each project, supporting agency and title of each project, etc. shall be specified, and such application shall not be made in the name of an individual chief researcher or participating researcher; Concerning intellectual property rights applied or registered in the Republic of Korea or a foreign country, an application for intellectual property rights or an application for registration thereof containing the information set forth in the foregoing and the evidentiary documents such application and/or registration, shall be submitted to Party A within six months from the date of such application or registration; and Concerning intellectual property rights registered in a foreign country, a copy of the registration gazette thereof shall be submitted to Party A within three months from the date of publication of such gazette.

12 ( ) Article 12 (Applicable Law and Regulations)

(1) 2(1) . Any person or an organization that participates in the execution of the full scale project or utilizes the deliverables hereunder shall abide by the Applicable Laws and Regulations set forth in Article 2 (1) and this Agreement. Matters not specified in this Agreement shall be executed in accordance with the Applicable Laws and Regulations. (2) () () () . In the event that an Executing Party, such as Party B, is in breach of any provisions of this Agreement or the Applicable Laws and Regulations, Party A may apply sanctions under the Applicable Laws and Regulations against said Executing Party.

13( ) Article 13 (Follow-up Measures Against Non-Performance of the Agreement)

(1) () 1 (), , 3 , , , (, , ) ( ) . , () . In the event of any of the appendix 1, MKE or Party A may restitute the government contributions - 87 -

disbursed under Article 3 hereof in part or in its entirety, any balance thereof, or the Tangible Items (research equipment, facilities, prototype products, etc.) or the intellectual property rights (including exclusive license) corresponding thereto, depending on the causes attributable to each of the Executing Parties that participated in the full scale project, such as Party B, participating organizations, licensee companies; provided, however, that if Party A finds it necessary to take urgent measures even before determining causes attributable to each of the Executing Parties, it may take a preliminary blanket measure necessary for sanctions and restitutions and thereafter determine such causes and apply retroactively. (2) () 7 1 . In the event of termination of the Agreement under Article 7 hereof, independent of the restitutions set forth in the foregoing (1), MKE or Party A may take measures to restrict participation of the Executing Party responsible for termination of the Agreement in a new project under the National Research and Development Program as prescribed by the Applicable Laws and Regulations. (3) () 1 , . In case where MKE or Party A determines that the act set forth in the foregoing (1) through constitutes a criminal act, they may request the governmental investigative authorities to investigate such act or file a criminal lawsuit. (4) 38, 19 3 . Any matters regarding the sanctions against an Executing Party of the corresponding full scale project or restitution of the government contributions shall be determined in accordance with Article 38 of the Operational Regulations, Article 19 of the Guideline for Bilateral International Collaborative R&D Program and Appendix 3 of this Agreement.

14( ) Article 14 (Non-Disclosure)

(1) () () . Party A and Party B shall not disclose or furnish any confidential information acquired in the process of executing the full scale project under this Agreement or utilizing the deliverables thereof to public without mutual consent. (2) () () , , , . Party A and Party B shall not use a project result report or related documents in part or in its entirety and - 88 -

the name, trademark, design, etc. of the other party that had been furnished hereunder or perform any act that implies the name, trademark, design, etc. of the other party through advertising, public relations and sales promotion or lawsuits, etc. for its own interest. (3) () () , . In the event that any of the Executing Parties, including Party A and Party B, disclose, announce or utilize the deliverables of the full-scale project hereunder, there must be explicit reference to the project being performed and funded under the International Collaborative R&D Program of the Ministry of Knowledge Economy. (4) (1) (3) . As for any event resulting from breach or violation of the foregoing (1) through (3), the party in breach or violation shall be held fully accountable for civil as well as criminal consequences resulted therein.

15( ) Article 15 (Interpretation & Resolution of Dispute)

(1) , . The Agreement shall be executed in both Korean and English languages in parallel. In the event of any discrepancy, difference or conflict over interpretation thereof, the Korean language shall precede. (2) . () . Any dispute relating to or arising from matters not provided herein shall be resolved through consultations among the parties to the dispute. However, in case where the parties to the dispute cannot settle the dispute through consultations, such case shall be taken to arbitration in Seoul, Korea. 2 () () 1 . IN WITNESS WHEREOF, Party A and Party B have caused this Agreement to be executed in duplicate originals by their duly authorized representatives and each Party retains each signed original. (Appendix) 1. Punitive Measures and Restitution and Management (Annex) 1. 1 A copy of a Proposal for Full Scale Project under International Collaborative R&D Program 2. 1 A copy of an Agreement between Lead Organization and Participating Organization - 89 -

3. , 1 A copy of Letter of Commitment of Cash and In-Kind Contributions of Lead Organization and Participating Organization, respectively 4. () 1 A copy of Letter of Confirmation of Recruitment (or expected employment) 5. 1 A copy of bank statements of Government Contribution Account 6. ( ) 1 A copy of evidentiary document of payment of the cash portion of the Civilian Dues (a copy of bank statements) 7. 1 A copy of Letter of Request for Project Budget

20 [dd/mm/yyyy] () For Party A President of Korea Institute for Advancement of Technology Address 135-513 Korea Technology Center 305 Teheranno Gangnam-Gu, Seoul, Korea () (Authorized seal/signature)

() For Party B Name of Lead Organization Representative Principal Investigator Address: () (Authorized seal/signature) () (Authorized seal/signature)

1. Appendix 1. Punitive Measures and Restitution and Management

1. , , 4. . - 90 -

With respect to breach of any of the terms agreed herein or termination or failure of a project, the DO shall determine whether or not to take punitive measures and which case should be subject to sanctions and take necessary measures pursuant to the below 4. 2. . , . In the event that the head of the DO finds it necessary to take urgent measures, the DO may take a proper measure in advance, including restituting government contributions and restricting funding for a new project; provided; however, once the punitive measures have been formally decided in due course, the period of temporary punitive measure taken by the head of a the DO shall retroactively apply to the period of restriction on participation. 3. , () . The head of the DO shall take a punitive measure against any Executing Party who has been found to be held accountable for breach, termination or failure of a project that resulted in punitive measures, such that their participation in any new national research and development projects shall be restricted. Any restriction on participation of a lead organization or participating organizations may be imposed individually on each affiliated organization (research institute) that the Principal Investigator belongs to. 4. . Punitive measures by reason/case are as follows: General Criteria
Criteria for Sanction & Restitution Reasons for sanctions or restitution Restitution of Restriction on government participation contributions o , , 3 Where the participating organization or lead organization was selected as an executing Restitution of full 3 yrs. party through unfair methods such as external pressure, falsehood, solicitation, etc. amount o where the project is abandoned - Where the contributions are returned in full Exemption - 3 Restitution of full Where the contributions are not returned 3yrs. amount o , R&D result is found to be poor in evaluation so that the project is terminated or failed. - , 3 R&D result is extremely poor or the project was not performed in good faith so that the Restitution of full 3 yrs. project is terminated or failed. amount *1 - , *Within 1 Where the project is performed in good faith but terminated or failed Exemption yr. - 1 Where a person responsible for project management is found to be negligent of his/her 1yr. Exemption responsibility.

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- , ( ) Where the project is terminated or failed due to bankruptcy or business cessation of a lead organization or participating organization.(where the requirements including submission of reports, etc. have been fully performed) o , , Where the information regarding research and development is leaked or disclosed without justifiable procedures or where security control, confidentiality or duty to maintain high integrity is violated o Failure to pay royalties or be negligence of such payment obligation without justifiable reasons o Failure to pay an unused amount or amount subject to restitution or negligence of such payment obligation without justifiable reasons o Where it is used for any purposes other than originally intended purposes - , Embezzlement, misappropriation, degradation, etc. - *** Temporary misappropriation of contributions for other purpose - ( ) (where contribution is temporarily used for other purpose and then repaid/deposited to the project account) o Failure to submit required reports without justifiable reasons or submission of a false report o , , Dishonest act, that is, forging, altering or plagrizing research and development documents & results, or improper indication of an author of a paper. o Where the intellectual property right is applied or registered under the name of an individual researcher without justifiable reasons o , In breach of the Agreement, or Failure to perform recommended corrective measures for violations or non-performance of its obligations under the Agreement - Failure to bear the civilian dues specified in the Agreement - Failure to perform recommended corrective measures for violations or non-performance of its obligations under the Agreement

1 1yr.

Exemption

*5 *Within 5yrs. **2 **Within 2 yrs. *2 *Within 2 yrs.

Restitution of full amount ** **Exemption or restitution * *Exemption or restitution

5 5yrs.

2 2yrs. *3 *Within 3 yrs. 3 3 yrs. 1 1yr.

Restitution of the affected amount 30% Restitution of 30% of the affected amount * *Exemption or restitution Restitution of full amount -

1 1 yr. 2 2yrs.

Exemption Restitution of the affected amount

* , Restrict Participation and/or Restitute Government Participation based on the detailed criteria. ** Follow the Regulations on Royalties. *** 1 For the first time temporary misappropriation of the government contributions, cautionary measures may replace the above-mentioned measures. ,

Detailed Criteria 1. , Where the project has been performed in good faith but terminated or failed
Criteria for Sanction & Restitution Detailed reasons Restitution of Restriction on government participation contributions o , , Termination or failure of a project due to insufficient technological capacity and Exemption commerciality such as immature markets, uncertainties surrounding utilization of deliverables. - where the goal of a project has not been achieved - where the goal of a project has been achieved o Where the project is terminated due to the governments industrial technology policies. o Where the goal of a project has been achieved but it is classified as an interior project and consequently terminated. o , Where the reason for termination or failure is not attributed to the corresponding 1 1yr. Exemption Exemption

- 92 -

organization

2. Failure to pay an unused amount or an amount subject to restitution or negligence of such payment obligation
Classificatio n Detailed reasons Criteria for Sanction & Restitution Restriction on Restitution participation Exemption Extension

o A significantly deteriorating business - low or inferior corporate credit rating Deterioratin o Bankruptcy, business cessation or insolvency or any equivalent g business conditions reason - - where there is no revenue generated in the preceding year or business site is closed or destroyed o if the where its credit rating is low or inferior and it is determined in organization property investigation that there is no benefit to gain. (corporation ) concerned is currently O in operation where its credit rating is middle/average and it is determined in property investigation that there is a benefit to gain.

1 1yr.

Exemption

2 2yrs.

2 If the same result is found in credit rating re-inquiry after a 2-year grace period, it may be exempted. Restitution of the affected amount

2 2yrs.

3. Failure to submit a required report or submission of a false report

Criteria for Sanction & Restitution Restitution of Restriction on government participation contributions

Detailed reasons

o 27 , Failure to submit the interim report, phase report or final report under Article 27 without justifiable reasons or submission of a false report o 29 Failure to submit a budget disbursement report under Article 29 without justifiable reasons or submission of a false report o 34 Failure to submit a deliverable utilization report under Article 34 without justifiable reasons or submission of a false report

3 3 yrs.

Restitution of full amount

1 1 yr.

4. Disclosure or leakage of information regarding research and development or violation of security control, confidentiality or duty to maintain high integrity
Detailed reasons o , In case where information regarding Disclosure or leakage of information the project is leaked or disclosed to regarding research and development any domestic third party without justifiable procedures Criteria for Sanction & Restitution Restriction on Restitution of participation government contributions 2 2yrs. 5 Restitution of full amount

- 93 -

In case where information regarding the project is leaked or disclosed to any overseas third party. o , , Violation of security control, confidentiality and duty to maintain high integrity

5yrs. 1 1yr.

Restitution of full amount -

5. Restitution of government contributions (1) . , , , (, ) . With respect to restitution of government contributions, the accountable organization shall pay the affected amount in cash within the scope of government contributions during the sanctioned period; provided, however, that a corporation is subject to default, bankruptcy, business discontinuation or it is found difficult to pay the affected amount in cash, it may re-pay the government contributions using the Tangible Items (research equipment, research facilities and prototype product, etc.) (2) 3,000 , 1,000 , . In the event that government contributions are recovered in the form of the Tangible Items, it shall be restricted to only those whose purchase price and remaining value is KRW 30 million or more and KRW 10 million or more, respectively, and the remaining value shall be calculated in accordance with in-house accounting regulations of a research institute and Corporate Tax Act and Generally Accepted Accounting Principles (GAAP). (3) , , . In case where collection of unpaid royalties of the corresponding year is subcontracted to a collection service agency, collection service charge may be paid out of the collected amount. (4) 3) , . In the event that only part of unpaid royalties of the corresponding year is collected under the foregoing 3), the outstanding balance shall be calculated combined with statutory interests until the full amount is completely repaid. (5) , . Remaining goods that are not restituted since they are classified as 'Exemption of Restitution' can be used only for the purpose of research and development of the organization concerned and shall not be used for any other purpose or disposal without approval by the DO. (6) , , - 94 -

 , () . The head of the DO may allow an amount subject to restitution to be exempted or repaid partially in kind through internal review or deliberation by the Coordination Committee if after restitution is determined, a lead organization and/or participating organization undergo bankruptcy, business closure, court receivership, etc., and in case where only some companies have undergone bankruptcy, an amount subject to restitution may be exempted in proportion of their contributions (cashin-kind contributions). (7) () 1 . . A lead organization that has been notified of restitution of government contributions shall repay the specified cash amount to the DO within one month from the date of such notification. In case where a lead organization intends to make repayment in kind, it may seek approval of payment in kind by the DO by specifying the types of actual goods to be returned and reasons, etc. 6. , , 2 , . Any organization that has failed to or refused to pay an amount subject to restitution twice or more times, an outstanding balance for settlement, royalties, etc. may be subject to punitive measures including restrictions on participation in other policy funding projects, disclosure of the name of the organization, criminal lawsuits and other measures based on administrative acts.

[Standard Form - 3 : Request for Annual Government Contribution]

Request for Annual Government Contribution

(Project Title) (Term of Agreement) (Agreement Budget Year ) (Government Contribution) (A) (Civilian Dues) (Cash) (B) (In-kind) (C) 1 (phase 1) (Subtotal) (D=B+C) (Others) (E)

:/Unit:1,000 KRW

(Total) (F=A+D+E)

2 (phase 2)

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1 (Year 1) (Government contribution) (Cash) (In(Proposer) kind) (Others) (Total) (Phase Year )

2 (Year 2)

3 (Year 3)

4 (Year 1)

5 (Year 2)

(Total)

(Prior Input Amount)

(Request times of this year)

(Requested government contribution of this year)

(1,000KRW)

To President of Korea Institute for Advancement of Technology, 3 . I hereby request to transfer government contributions of this year to the account below pursuant to Article 3 of the Agreement on Full Scale Project under International Collaborative R&D Program. (Bank & Branch name) (Account No.) (Depositor) Routing No. (Swift Code) (Address) : (Organization) : (Representative) : 200 . . . Bank Branch (Seal or Signature for Account)

() (Seal or Signature)

()(Seal or Signature)

(Attachment) : 1 .(A copy of bankbook)

1) * Note 1) Government contributions shall be paid out only in case an amount of civilian dues identical/proportional to the payment rate of the corresponding government contribution request time has been deposited with the government contributions account.

[Standard Form - 4 : Summary of Revision Reflecting Review Comments]

Summary of Revision Reflecting Review Comments

Project Title Lead Organizatio n Participating Organizatio n No. Overall Review Comments Principal Investigator

Summary of Revision

Page

- 96 -

[Standard Form - 5 : Request for Approval of Amendment]

Request for Approval of Amendment

(Project Title) (Lead Organization) (Participating Organization)
(Summary of Phase )

:/Unit:1,000 KRW

(Principal Investigator) (Subcontract Organization) 1(Phase 1) 2(Phase 2) 1 2 3 4 5 (Total) (Year 1) (Year 2) (Year 3) (Year 4) (Year 5) - 97 -

(Term)

 (Government Contribution) (Cash) (Project (Civilian Budget) Dues) (In-kind) (Others) (Total) Descriptions Classifica tion (Before Amendment) (After Amendment)

(Reason)

[Standard Form - 6 : Review Result on Request for Approval of Amendment]

Review Result on Request for Approval of Amendment

(Project Title) (Lead Organization) (Participating Organization) (Summary of Phase ) 1 (Year 1) (Term) (Project Budget) (Government Contribution) - 98 2 (Year 2) (Principal Investigator) (Subcontract Organization) 1(Phase 1) 3 (Year 3) 2(Phase 2) 4 (Year 4) 5 (Year 5)

:/Unit:1,000 KRW

(Total)

 (Cash) (Civilian (InDues) kind) (Others) (Total) (Overall Review Comment)

(Approval) (Before amendment) (After amendment)

(Rejection) (Description of request) (Reasons for rejection)

[Standard Form - 7 : Transfer Agreement]

(Transfer Agreement)
* (Subject of this Transfer Agreement) (Project title) (Term of this Agreement) () () , ( ), . Pursuant to all related law and regulations, and the agreements subsequent to this International Collaborative Research and Development Program, Party A and Party B hereby agree to assign/receive all rights and responsibilities, including but not limited to royalties, outstanding balances to settle and an amount subject to restitution, etc., with respect to information and deliverables (intellectual property rights resulting from this Program, etc.) generated in the coursing of performing the Project stated and civilian dues in cash or in-kind and so forth: [dd/mm/yyyy] - 99 -

 () Assignor (Party A) (Address) (Organization Name) (Representative) () Assignee (Party B) (Address) (Organization Name) (Representative) (Lead Organization) (Address) (Organization Name) (Representative) () (Authorized seal/signature) () (Authorized seal/signature) () (Authorized seal/signature) () (Authorized seal/signature) () (Authorized seal/signature) () (Authorized seal/signature)

In the event that an official letter requesting replacement of Lead Organization or participating organization is submitted, 1) Have this Assignment Agreement notarized and submit a copy of the notarized Agreement. 2) Submit Letter of Consent on Replacement signed by each and every participating organization of the Project. 3) 1 Any organization that intends to participate in the Project as a new participating organization shall sign up and upload its organizational information on the website of the Dedicated Organization and submit a printout of such uploaded information and a copy of Certificate of Business Registration. 4) Lead Organization and Assignee shall request the Dedicated Organization to settle the project budget disbursed by Assignor.

[Standard Form - 8 : Request for Termination of Agreement]

Request for Termination of Agreement

Project Title Lead Organization Participating Organization Subcontract Organization Term of Agreement Total Project Budget Government Contributions Civilian Dues Cash In-kind Principal Investigator

:/Unit:1,000 KRW

Others

Total

- 100 -

 Reason for Termination Request (Lead Organization): (Participating Organization): (Participating Organization): (Participating Organization): (Participating Organization): (Subcontract Organization): (Representative): (Representative): (Representative): (Representative): (Representative): (Representative): () () (Seal or Signature) (Seal or Signature) (Seal or Signature) (Seal or Signature) (Seal or Signature) (Seal or Signature)

()

Signature

()

()

()

[Standard Form - 9 : Statement of Objection]

Statement of Objection
Project Title Lead Organization Participating Organization Project Budget Term of Agreement Evaluation Result Government Contribution Civilian dues Cash In-kind Sub-total Principal Investigator Subcontract Organization Others Total

- 101 -

 Reason for Objection

[Standard Form - 10 : Review /Comment on Statement of Objection(to Evaluation Result or/and Settlement Result)]

(, ) Review/Comment on Statement of Objection [to Evaluation Result or/and Settlement Result]

Project Title Lead Organization Governme nt Contributio n Principal Investigator (Civilian Dues) Cash In-kind Sub-total Others Total

Project Budget

Term of Agreement Classification of Objection Type

Date of Submission

- 102 -

 Result

Review/ comment on the filed objection & reason for the review result

Reasons

[Standard Form - 1 : Annual(Progress) Report]

() Annual (Progress) Report

(Project Title) (Lead Organization) (Participating Organization) (Term of Agreement) (Project Budget) (, 1,000KRW) (Government Contribution) (Civilian (Cash) - 103 1 (Year 1) (Principal Investigator)

200 . . . ~ 200 . . . ( ) [dd/mm/yy] ~ [dd/mm/yy] ( years) 1(Phase 1) 2 (Year 2) 3 (Year 3) 2(Phase 2) 4 5 (Year 4) (Year 5) (Total)

Dues)

(In-kind) (Others) (Total)

(Duration of this year) (Government Contribution) Budget of This Year (, 1,000KRW)

200 . . . ~ 200 . . . ( ) [dd/mm/yy] ~ [dd/mm/yy] ( years) (Civilian Dues) (Cash) (In-kind) (Subtotal)

(Others)

(Total)

(6 ~ 10) Key words (6~10 words)

5 As for a progress report, it shall not exceed 5 pages and mainly focus on details of core development.

1. Progress in the corresponding year 1-1. Project Roadmap Serial Description No. 1 2 3

() Roadmap(month) 4 5 6 7 8 9 10 11 12

% of completion 100% 100%

1 2

Planning & Data collection Drawing

As for development brief, please state it based on the project proposal. (Original plan) (Development brief) - 104 -

1-2. Progress in the corresponding year Please describe progress in detail, compared with annual goals and details stated in the project proposal. Please state the degree of achieving development goals specifically. R&D outcome (, , , , , , ) Please describe deliverables (paper, IPR, technology level, performance, quality, prototype, technical document, etc.). - As for papers, please state in detail categorizing them into domestic vs. overseas publication. - , As for patent, please state in detail categorizing them into domestic application & registration, and overseas application & registration - , , As for technology level, performance and quality, please submit validation documents or test scorecards as attachment. - As for prototype design and manufacturing, please submit their drawing or diagram to the extent that it does not result in breaching related secrecy. 2. 3. Conclusion and next year plan (proposal) Present a comprehensive conclusion regarding the execution of project Please state suggestions for next years project execution or changes, if any.

4.

Project budget disbursement Classification Original Plan Cash In-kind Actual-Spent Amount Cash In-kind

Item

:/Unit:1,000 KRW Balance Reasons for +/Cash In-kind

1. Labor cost - - Internal labor cost Existing staffs Newly-hired staffs - External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - 105 -

- Research allowance 3. Indirect cost 4. Subcontracting cost Sum : Accrued interest: (1,000 KRW)

1. (, ) Exclude refunds (VAT, customs duty, etc.), in principle. 2. As for a used amount deviating from the original plan, please specify such change in the column Reasons for +/-. 3. 1 Please prepare budget disbursement statement of the period from the beginning of Year 1 until submission of progress report. 5. Corporate financial soundness - (Project title) : - (Lead organization) : - (Principal Investigator) :
Check list State if applicable

(300%, 500%) : % ( : /100) Debt ratio as of the recent EOY (300%or more, 500% or Obtained value: % more) State the formula and numbers applied: (Formula: total liabilities / total shareholders equity x 100) ( : /100) Liquidity ratio as of the recent EOY (Formula: liquid asset/liquid liability x 100) (, ) Capital erosion (under court receivership or composition proceedings?) [Y/N] ( : /) Interest coverage ratio (Formula: operating income/interest expense x 100) : % Obtained value: % State the formula and numbers applied: 20 Year 20 () State numbers 20 Year 20 () State numbers : % Obtained value: % State the formula and numbers applied:

3 (kisline) ( : 20 () ) Year 20 Company that has suffered deficits for the 3 consecutive years (use kisline) () (Current net income/loss on income statement is used as State numbers the criteria) As for a company subject to external audit, in case it received qualified opinion in the recent audit review. Whether it is SME or not - 1 -a company with 1,000 or more full-time employees

: Number of employees:

- 106 -

- 5 30% -a corporate entity with KRW 500 bil. or more in aggregate asset or a company that owns 30% or more of total number of shares issued by such corporate entity - - Company that belongs to a corporate group under restriction on mutual investment Other matters to note

All and each of participating organizations shall prepare this form individually. [Standard Form - 2 : Phase-Based Report (for detailed project)]

() Phase-Based Report (for detailed project)

.(Please prepare a separate-volume supplementary booklet according to the following orders and format and submit it. ) , (Cover page: white background with black letters) A4(, , 210297) (Size : A4 (210297)) .(Please comply with the given format since margins at the top and bottom are set to ensure the same height of all reports.)

()

()

- 107 -

 5 5

() 200 . .

. ( )

(, 18)

(Back)
This report is a research and 5 development project report under the margins International Collaborative Research and

(Front)
5 margins

- 108 -

International Collaborative Research and Development Programme The Ministry of Knowledge Economy

Intl Collaborative Research and Development (Phase Report) [dd/mm/yyyy]

Lead Organization (Myungjo font, 18 point) Participating Organizations

Development Programme of the Ministry of Knowledge Economy. (at the center of the back cover )

Ministry of Knowledge Economy

5 margins

3 margins

(Side wire binding)

(Print on both sides)

(Cover Letter)

To. Minister of Knowledge Economy

- 109 -

 (20 . . ~ 20 . .) . I hereby submit this report as a Phase ( ) Report regarding the project titled Research and Development On . 20 . . [dd/mm/yyyy] .

(Lead Organization) (Participating Organization) (Participating Organization) (Principal Investigator): (Participating Researcher):

31 . I hereby agree that this report may be made public pursuant to Article 31 of the Common Operational Regulations for Knowledge Economy Technology Innovation Programs.

()

Excerpt of Research & Development Project Report (Sample)

Project No. Project title Key words () i.e. Development of industrial gas turbine () //// i.e. Gas turbine / combustor / compressor /blade / power generation capacity Project Goals & Details

- 110 -

1. Final goal of this phase

2. Details and result of the development to date

3. ( ) Desired effect (technological and economic effect)

4. Applicable areas

* 5 / * 1,000() , 1,2

How to fill this form

* State about 5 key words and use / between key words. * Word limit to project goals and details is 1,000 words in the Korean language. Priority should be given to 1. and 2.

Table of Contents

1 Article 1. Introduction 1 Section 1. Importance and necessity of the target technology 2 , Section 2. Domestic and overseas technology trends 3 , Section 3. Expected technological and economic spillover effect
- 111 -

 2 Article 2. Details and methodology of the research and development 1 Section 1. Final goal and evaluation method 2 Section 2. Phase-based goals and evaluation method 3 Section 3. Annual progress and scope of the research and development 3 Article 3. Result and future plan 1 Section 1. Phase-based research and development result - Phased-based roadmap - Phased-based progress - / Details by organization/company - Overall statement of tangible/intangible deliverables 2 ( ) Section 2. Market condition and prospect for commercialization(state changes vs. the survey result of the initial stage of the project) 3 ( ) Section 3. Next Phase Plan (Describe next phase plans that deviate from the original plan) 4 Section 4. Corporate financial soundness

Appendix

4 Section 4. Corporate Financial Soundness - (project title): - (Lead Org.):

Check list State if applicable

(300%, 500%) : % ( : /100) Debt ratio as of the recent EOY (300%or more, 500% or Obtained value: % more) State the formula and numbers applied: (Formula: total liabilities / total shareholders equity x 100) ( : /100) Liquidity ratio as of the recent EOY (Formula: liquid asset/liquid liability x 100) : % Obtained value: % State the formula and numbers applied:

- 112 -

(, ) Capital erosion (under court receivership or composition proceedings?) [Y/N] ( : /) Interest coverage ratio (Formula: operating income/interest expense x 100) : % Obtained value: % State the formula and numbers applied: 20 Year 20 () State numbers 20 Year 20 () State numbers

3 (kisline) ( : 20 () ) Year 20 Company that has suffered deficits for the 3 consecutive years (use kisline) () (Current net income/loss on income statement is used as State numbers the criteria) As for a company subject to external audit, in case it received qualified opinion in the recent audit review. Whether it is SME or not - 1 -a company with 1,000 or more full-time employees - 5 30% -a corporate entity with KRW 500 bil. or more in aggregate asset or a company that owns 30% or more of total number of shares issued by such corporate entity - - Company that belongs to a corporate group under restriction on mutual investment Other matters to note

: Number of employees:

* All and each of participating organizations shall prepare this form individually.

How to Organize this Report 1. , , 1, , 1), ), , , The content of this report shall organized according to the numbering hierarchy as follows: Example: Chapter Section 1. A. 1) A) 2. . Please change pages whenever a new Chapter begins. 3. . Write from left to right (horizontal writing). 4. , .
- 113 -

Footnotes shall be stated at the bottom of the corresponding page and placed separately from the main body. 5. , . Page number shall start from Order of Cover Letter and the content shall be printed on both sides of a page. 6. , 2 . This report shall be written in the English language, in principle; provided, however, that the second language may be used for clear understanding. 7. . Disclaimer shall be presented on the back cover. 8. . As for a phase-based report, all research and development activities and results from the initial year to the final year of the corresponding phase shall be specified in detail. 9. , point, . Do not change the layout property, word point, line-height, etc. of this page while writing the report.

Disclaimer 1. . This report is a report on research and development project under the Knowledge Economy Technology Innovation Program of the Ministry of Knowledge Economy. 2. . n the event that any part of this research and development project is made public, there must be explicit reference to the project being performed and funded under the Knowledge Economy Technology Innovation Program.

- 114 -

[Standard Form - 3 : Final Report & Final Report Summary]

Final Report
.(Please prepare a separate-volume supplementary booklet according to the following orders and format and submit it. ) , (Cover page: white background with black letters) A4(, , 210297) (Size : A4 (210297)) .(Please comply with the given format since margins at the top and bottom are set to ensure the same height of all reports.)

()

()

- 115 -

 5 5

() 200 . .

. ( )

(, 18)

(Back)
This report is a research and 5 development project report under the margins International Collaborative Research and

(Front)
5 margins

- 116 -

International Collaborative Research and Development Programme The Ministry of Knowledge Economy

Intl Collaborative Research and Development (Phase Report) [dd/mm/yyyy]

Lead Organization (Myungjo font, 18 point) Participating Organizations

Development Programme of the Ministry of Knowledge Economy. (at the center of the back cover )

Ministry of Knowledge Economy

5 margins

3 margins

(Side wire binding)

(Print on both sides)

(Cover Letter)

To. Minister of Knowledge Economy

- 117 -

 (20 . . ~ 20 . .) . I hereby submit this report as a Final Report regarding the project titled Research and Development On . 20 . . [dd/mm/yyyy] .

(Lead Organization) (Participating Organization) (Participating Organization) (Principal Investigator): (Participating Researcher):

31 . I hereby agree that this report may be made public pursuant to Article 31 of the Common Operational Regulations for Knowledge Economy Technology Innovation Programs.

() Excerpt of Research & Development Project Report (Sample)

1. General Overview
Program title () Project title (Project No.) () Product (Process) Name Lead Organization Organization name Address Technology category () Please state the name of a product commercialized after developed or a process that actually applies to production Date of Incorporation

- 118 -

 Current status of the project

Representative Homepage Principal Investigator Contact person Participating Organization () Total project budget (1,000 KRW) Total project period Corporate type Number of full-time employees Government contributions

Tel. Fax Tel. (e-mail)

Civilian dues Cash In-kind

Sum

200 . . ~ 200 . . [mm/dd/yyyy]~[mm/dd/yyyy] ( ), ( ) Key product SME( ), Large( ) Research personnel ( 3 ) Total Year shareTotal (Recent 3 holders liabilities years) equity 2006 2007 2008 Gross sales R&D (%) (%) of R&D Current net R&D investment income investment against gross sales

Company overview

( : ) Financial condition (Unit: mil. KRW)

2. ( , ) Overview of the research & development (summary of information on the developed technology and product, and overall description of the developed technology)

sample Present a sample that can be a useful reference to report authors

3. Summary of project deliverables

- 119 -

 Key words Core technology Final goal/target

3 Please present at least 3 key words regarding this R&D project. 2 Explain the core technology briefly within 2 lines.

, , Details & result of the Explain the technology and product developed through this project, R&D technical principles, details of research, etc. , Background of the R&D Research background & motive including necessity and importance of this research & development project, etc. , , , , , Meaning & potential Whether it is a newly-developed technology or it is an upgraded contribution of the core version of the existing technology/ level of difficulty in developing technology this technology, how much of it is composed of Korean parts, whether it has been developed by applying foreign technology, is it possible to export this technology , etc. Applicable areas

4. Technological and economic achievement

, - , , ( ) - , - , , Technological achievement Please state technological level and achievement, deliverables, etc. briefly. Describe comparative edges this technology/product has against those of domestic and foreign competitors in terms of size, performance, density, etc. (meaning of development of this technology) - Comparable to advanced countries? Percentage of Korean parts used in developing this technology - Patent, utility model, paper publication regarding the deliverables of this project , , (%), , , Please state briefly any effect that this technology/product may have in boosting productivity, expanding market share (%) and sales revenues, creating jobs, and making contribution to related industries, etc.

Economic achievement

- 120 -

5. Spillover effect and desired effect

Spillover effect Desired effect , Technical, social, and economic spillover effect Technical and economic desired effect

6. , Current state of market related to the corresponding technology/product

Domestic market Overseas market

7. ( , , ) Product photo (photo, picture, diagram, etc. of the developed technology) If it cannot be inserted below, please save it in an attached file.

< > <Major Achievements of Intl Collaborative R&D Program>

Program title Project title Lead Org. Address () Representative (Head of Org.) (PI) Total project period () Total project budget (mi. KRW) Participating Org. - 121 Tel. FAX 200 . . . ~ 200 . . . [dd/mm/yy] ~ [dd/mm/yy] Government contributions Civilian dues Responsible officer of Date of incorporation

Intl Collaborative R&D Program

Participating Org. Performance index Detailed index Achievement Remark

Developed Product Sales revenue

Since development to date Unit: 100mil. KRW 3 Sales revenue for the coming 3 years
Unit: 100mil. KRW

Related product

Since development to date Unit: 100mil. KRW 3 Sales revenue for the coming 3 years
Unit: 100mil. KRW : %

Commercializ Market ation share (%)

Developed product

Domestic: Since development to date : %

Overseas:

3 Sales revenue for the coming 3 years

: % Domestic: : % Overseas: : %

Related product

Domestic: Since development to date : %

Overseas:

3 Sales revenue for the coming 3 years

: % Domestic: : % Overseas:

Current product competitiveness ranking in the global market Competitiveness in 3 Product competitiveness ranking in the global global market after 3 years market Domestic Technological achievement Patent Overseas Registered Paper publication Job creating effect Domestic Overseas Before developed After developed - 122 Applied Registered Applied

(No. of case) (No. of case) (No. of case) (No. of case) (No. of case) (No. of case) persons persons %

Spillover effect

Technological level compared with advanced countries % of Korean parts used in developing this technology/product Other , Established as a standard or resulting in revising standards, technology transfer, awarded prizes, etc.
%

1. ( , , , ) Intellectual Property Rights (IPR) (Classify into domestic/foreign patent, utility model, program registration, other)
No. Type Name Date of Date of application registration Country Registration No. Years since development th year th year th year th year

2. / Paper publication/presentation
( or ) Classification No. Paper title (paper publication or PT ) Name of journal (, ) Domestic or Overseas Years since developme nt year th year th year th year
th

Author

Date

SCI [Y/N]

3. Technology transfer
No. Description of Transferee technology transfer country Transferee organization Date of transfer - 123 () Income (KRW mil.) Years since development

 year th year th year th year

th

4. / ( ) Certification/award, etc.(domestic and overseas)

No. Classification Title Date Country Awarder org. Years since development th year th year th year th year

5. Commercialization plan and sales revenues

Category Sub-category () Years required for commercialization () Required budget (KRW mil.) () Expected sales revenue (KRW mil.) Commercialization plan (%) Unit(%) Domestic Overseas , , Plans to develop other model or product utilizing related technology and product ( : ) (Unit: KRW 100mil.) () Import-substituting Market share To date To date Achievement

3 After 3 years 3 After 3 years

5 After 5 years 5 After 5 years

Trade balance improving effect

Present

3 After 3 years

5 After 5 years

- 124 -

effect (procured domestically) Export

6. Job creation
Category Sub-category Research personnel Before developed Production personnel Research personnel After developed Production personnel Achievement persons persons persons persons

Job creation

7.

Other achievement

8. ( ) Change history (state if applicable)

* 5 / * 1,000() , 1,2

How to fill this form

* State about 5 key words and use / between key words. * Word limit to project goals and details is 1,000 words in the Korean language. Priority should be given to 1. and 2.

- 125 -

 Table of Contents 1 Article 1. Introduction 1 Section 1. Importance and necessity of the target technology 2 Section 2. Domestic and overseas technology trends 3 Section 3. Expected technological and economic spillover effect 2 Article 2. Details and methodology of the research and development 1 Section 1. Final goal and evaluation method 2 Section 2. Phase-based goals and evaluation method 3 Section 3. Annual progress and scope of the research and development 3 Article 3. Result and commercialization plan 1 Section 1. Final result of the research and development - Project roadmap - Project progress - Overall statement of tangible/intangible deliverables 2 Section 2. Operating structure of the project - / Roles by organization/company or details of project operation 3 ( ) Section 3. Market condition and prospect for commercialization (state changes vs. the research result of the initial stage of the project) Appendix

- 126 -

 How to Organize this Report 1. , , 1, , 1), ), , , The content of this report shall organized according to the numbering hierarchy as follows: Example: Chapter Section 1. A. 1) A) 2. . Please change pages whenever a new Chapter begins. 3. . Write from left to right (horizontal writing). 4. , . Footnotes shall be stated at the bottom of the corresponding page and placed separately from the main body. 5. , . Page number shall start from Order of Cover Letter and the content shall be printed on both sides of a page. 6. , 2 . This report shall be written in the English language, in principle; provided, however, that the second language may be used for clear understanding. 7. . Disclaimer shall be presented on the back cover. 8. ( ) . As for a final report, all research and development activities and results through total project period (from the initial year to the closing year) shall be specified in detail. 9. , point, . Do not change the layout property, word point, line-height, etc. of this page while writing the report.

- 127 -

 Disclaimer 1. . This report is a report on research and development project under the Knowledge Economy Technology Innovation Program of the Ministry of Knowledge Economy. 2. . In the event that any part of this research and development project is made public, there must be explicit reference to the project being performed and funded under the Knowledge Economy Technology Innovation Program.

- 128 -

Final Report Summary

Project title Lead Org. Participating Org. () Total Project Budget (1,000 KRW) Total Project Period Key words Final goal Details & result of the project Government Contributions PI Responsible officer of Participating Org. Civilian Dues Cash In-kind

Sum

200 . . . ~ 200 . . [dd/mm/yyyy] ~ [dd/mm/yyyy]. ( 3 ) Please present at least 3 key words regarding the research and development of this project. 200 Word limit: 200 words (Korean) 500 Word limit: 500 words (Korean)

Summary of project ( result ) Desired effect (Technological & economic spillover effect) Applicable area () Years required for commercialization () Required budget (KRW mil.) ( ) Expected sales revenue Effect of improving trade balance (:) (Unit: Bil. KRW) Importsubstituting effect Export Present

200 Word limit: 200 words (Korean)

100 Word limit: 100 words (Korean)

Commercialization plan

3 After 3 years

5 After 5 years

Present

3 After 3 years

5 After 5 years

[Standard Form 4 : Budget Disbursement Report]

Budget Disbursement Report

1. (Overall) 1. ( ) A. Overall disbursement statement of project budget (total project period) - 129 -

()(Unit: 1,000 KRW)

 Classification Item 1. Labor cost - Internal labor cost - External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost 4. Subcontracting cost Total

Budget under Agreement Cash Inkind

Adjusted Budget Inkind

Disbursed Amount Inkind

Balance Inkind

Sum Cash

Sum Cash

Sum Cash

% of disburs Reasons for ed +/ amoun Sum t

(, ) Exclude refunds (VAT, customs duty, etc.) As for a used amount deviating from the original plan, please specify such change in the column Reasons for +/-. The sum of disbursed amounts of all executing organizations shall be stated in the table above.

2. ( ) B. Overall disbursement statement of interest and revenues (total project period)

Classification Accrued Amount Disbursed Amount Balance

Item

()(Unit: 1,000 KRW) Expected Disbursement Purpose/Use

Amount

Accrued Interest Revenue Sum

261 , - 130 -

 As for expected disbursement, it applies to a case where a non-profit organization under Article 26 (1) of the Common Operational Regulations has set aside and uses interest and revenues, and where among multi-year projects, interests accrued from a project can be spent during the total project period or where revenues are generated from a project aimed at laying the foundation. 3. C. Annual disbursement statement 1 (Year 1) o Disbursement by item
Classification Item 1. Labor cost - Internal labor cost - External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost 4. Subcontracting cost Total Budget under Agreement Cash Inkind Adjusted Budget Inkind Sum Disbursed Amount Sum Inkind

() (Unit: 1,000 KRW)

Balance Inkind % of disburs Reasons for ed +/ Sum amoun t

Sum Cash

Sum Cash

o ( ) ( ) (Year ) Carryover and disbursement statement (if Not applicable, please delete)
() Item (Detailed item) Carryover Remaining Amount Balance Amount Carried Over

()(Unit: 1,000 KRW) Disbursement Budget Disbursed Balance Carried Over Amount

Sum

As for matters regarding approval of carryover, please use a form as requested for each project. - 131 -

 1 , Disbursement statement of Year 1 is omissible. Balances in the disbursement statement shall not be carried forward to next month again. o Interest and revenue disbursement statement
Classification Accrued interest Revenue Sum Accrued Amount Disbursed Amount

()(Unit: 1,000 KRW) Expected Balance amount to use

261 , . As for expected disbursement, it applies to a case where a non-profit organization under Article 26 (1) of the Common Operating Regulations has set aside and uses interest and revenues, and where among multi-year projects, interests accrued from a project can be spent during the total project period or where revenues are generated from a project aimed at laying the foundation. 2 Year 2 - ( ) - Use the above table (if Not applicable, please delete) 3 Year 3 - ( ) - Use the above table (if Not applicable, please delete)

2. Disbursement Statement by Organization / Prepare this form by Lead Organization / Participating Organization (individually) ( ) (Upload the required information online or submit a diskette containing the required information in the form of Excel file) In case where there is a subcontract organization, detailed disbursement statement by item shall be prepared using this form. 1. ( ) A. Overall disbursement statement (total project period)
Classification Item Budget under Agreement Cash Inkind Adjusted Budget Inkind Disbursed Amount Sum Cash Inkind Sum Cash

( )(Unit: 1,000 KRW)

Balance Inkind % of disburs Reasons for ed +/ Sum amoun t

Sum Cash

- 132 -

1. Labor cost - Internal labor cost - External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost 4. Subcontracting cost Total

(, ) , Exclude refunds (VAT, customs duty, etc.) and include VATs that are incurred from payment using project card and reported in accordance with related law . As for a used amount deviating from the original plan, please specify such change in the column Reasons for +/-.

2. ( ) B.Overall interest and revenue disbursement statement (total project period)

Classification Accrued interest Revenue Sum Accrued Amount Disbursed Amount

()(Unit: 1,000 KRW) Expected Balance Disbursement

261 , As for expected disbursement, it applies to a case where a non-profit organization under Article 26 (1) of the Common Operating Regulations has set aside and uses interest and revenues, and where among multi-year projects, interests accrued from a project can be spent during the total project period or where revenues are generated from a project aimed at laying the foundation. 3. C. Annual disbursement statement 1 (Year 1) o Disbursement statement by item - 133 -

()(Unit: 1,000 KRW) Adjusted Disbursed Classification Budget under Balance Agreement Budget Amount % of Reasons for +/ disburse InInInInCash Sum Cash Sum Cash Sum Cash Sum d amount Item kind kind kind kind
1. Labor cost - Internal labor cost - External labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost - Research allowance 3. Indirect cost 4. Subcontracting cost

Total

o ( ) ( ) (Year ) carryover and disbursement statement (if Not applicable, please delete)
() Item (Detailed item) Carry-forward Amount Remaining Carried Balance Amount forward

()(Unit: 1,000 KRW) Disbursement Disbursed Amount Balance

Budget Carried Over

Sum

As for matters regarding approval of carryover, please use a form as requested for each project. . In case where a balance occurs because only part of the remaining amount is carried over, such balance shall be subject to restitution. 1 , Disbursement statement of Year 1 is omissible. Balances in the disbursement statement shall not be carried forward to next month again. o Interest and revenue disbursement statement
Classification Accrued Amount Disbursed Amount Balance

()(Unit: 1,000 KRW) Expected

- 134 -

Disbursement Accrued interest Revenue Sum

261 , As for expected disbursement, it applies to a case where a non-profit organization under Article 26 (1) of the Common Operating Regulations has set aside and uses interest and revenues, and where among multi-year projects, interests accrued from a project can be spent during the total project period or where revenues are generated from a project aimed at laying the foundation. 2 Year 2 - ( ) - Use the above table (if Not applicable, please delete) 3 Year 3 - ( ) - Use the above table (if Not applicable, please delete)

4.

( ) D. Disbursement statement by item (total project period) 1 Labor cost

Amount Yearly salary % of participation

() Classification (Use/Purpose)

Date of disburs ement

Name

Resident Registra tion No.

Cash

In-kind

()(Unit: KRW) (, ) Payment method (Project card, Sum Account transfer, etc.)

Internal labor cost External labor cost Sub-total

2 Direct cost [ ] [Research facilities, equipment and materials cost]

() Date of Classificati disburse on ment (Use/Purpo se) Paid to: Product Business name Registratio n NO. Qty. () Unit price (KRW) () Amount (KRW)

()(Unit: KRW) (, (/ ) ) Payment Remark method (Cash/ (Project In-kind) card, Account

- 135 -

transfer, etc.) Credit card Account transfer

Sum

KRW

(: , : thousands (in cash:

) in-kind:

[][Research activity cost]

Date of Classificatio Business Product disbursemen Paid to: n Registratio name t (Use/Purpos n NO. e)

()

Qty.

() Unit price (KRW)

()(Unit: KRW) (, ) (/ () Payment ) Amount method Remark (KRW) (Project card, (Cash/ Account In-kind) transfer,
etc.)

Sum

KRW

(: , : ) thousands (Cash: , in-kind:

Detailed statement of domestic/overseas travel expenses under research activity cost

Date of Classification disburseme (Use/Purpose) nt ()

Paid to:

Person (traveler)

Duration

()(Unit: KRW) (, ) Payment () method Amount Rema Destination (Project (KRW) rk

card, Account transfer, etc.)

Domestic travel expenses Overseas travel expenses Sum

KRW

(: ) thousand (Cash:

- 136 -

[][Research allowance]

()(Unit: KRW)
() Amount (KRW) (, ) Payment method (Project card, Account transfer, etc.) ( Remark (Evaluation grade, etc.)

() Classification Date of (Use/ disbursemen Purpose) t Internal labor cost External labor cost Sum

Name

Resident % of registration No. participation

KRW

(: ) thousand (Cash:

Indirect cost

Date of Classificatio Business Product disbursemen Paid to: n Registratio name t (Use/Purpos n NO. e)

()

Qty.

()(Unit: KRW) (, ) () () Payment Unit price Amount method Remark (KRW) (KRW) (Project card, Account transfer, etc.)

Sum

KRW

(: ) thousand (Cash:

Labor cost and incentives under indirect cost

() Classificatio Date of n disburseme (Use/ nt Purpose) Labor cost of support personnel Incentive Sum Resident Name registration No.

() Amount (KRW)

()(Unit: KRW) (, ) ( Payment method Remark (Project card, (Evaluation grade, etc.) Account transfer, etc.)

KRW

(: ) thousand (Cash:

Subcontract cost

()(Unit: KRW)

- 137 -

Classificatio Date of Subcontract Title of subcontracted disburse n org. project (Use/Purpos ment e)

()

Duration

(, ) () Remar Payment Amount k method (KRW)

(Project card, Account transfer, etc.)

Sum

KRW

(: ) thousand (Cash:

( 2. ) As for subcontract cost, detailed disbursement statement of a subcontract organization shall be included (Apply the forms under 2. Disbursement statement by organization mutatis mutandis.) 5 Interest

Classificati Date of on disbursemen Paid to: t

Business Product Registratio name n NO.

Qty.

()(Unit: KRW) (, ) () () Payment Unit price Amount Remar method (KRW) (KRW) (Project card, k
Account transfer, etc.)

Accrued interest Sum KRW (: ) thousand (Cash: )

5. E. Detailed settlement statement prepared by Lead Org.

No. of Date of Disburseme Classificatio disburseme frequenc nt items n nt (detailed y
items)

()(Unit: KRW) Reasons

()

Descriptions

Disbursed Rejected Amount amount

Lead Org.
Participatin g Org. 1 Participatin g Org. 2 Participatin g Org. 3 Participatin g Org. 4

2 3 4 Sum

In the case of settlement by the Dedicated Organization or subcontracted settlement agency, a rejected amount shall be re-examined and finally determined as rejected. In case where a Lead Organization or a participating organization seeks subcontracting, - 138 -

please use this form for detailed settlement statement to be prepared by a subcontract organization.

Overall Project Budget Disbursement Statement

1. Project information
Program title Project title Lead Org. 1 Participating Org. 1 3 Participating Org. 3 Total Project Period Total Project Budget

/Unit: 1,000, KRW

Principal Investigator 2 Participating Org. 2 4 Participating Org. 4 Term of Phase ( ) Agreement Amount of Phase ( ) Budget

Apply shadow effect to an applicable organization.

2. Overall statement of project budget disbursement

Budget under Agreement Cash Inkind Su m Adjusted Budget Ca sh Inkind Su m Ca sh Disbursed Amount Inkind Su m Ca sh

/Unit:1,000 KRW
Balance Inkin d % of disbursed Reasons for +/Su amount m

Classification Item
1. Labor cost 2. Direct cost - Research facility, equipment and materials cost - Research activity cost

- 139 -

- Research allowance 3. Indirect cost 4. Subcontracting cost

Sum

As for annual settlement, please state amounts carried over from the previous year separately. 3. Overall interest and revenue disbursement statement
Classification Accrued interest Revenue Sum Accrued Amount Disbursed Amount Balance

/Unit: 1,000 KRW

Expected disbursement (KRW) Amount to Return

To. President of Korea Institute for Advancement of Technology , , , 17 1 . I hereby submit the overall statement of project budget disbursement pursuant toThe Common Operational Regulations for the Knowledge Economy Technology Innovation Programs, Article 17 (1) of The Regulations for Calculation, Management and Use, and Settlement of Project Budget, and the Agreement.

20 . . . [dd/mm/yyyy] : () Name of Lead Organization: (Authorized seal/signature) ( ) () Representative (if it is a for-profit organization): (Authorized seal/signature) : () Principal Investigator: (Authorized seal/signature)

- 140 -

 () Letter of Confirmation of In-Kind Contributions by Executing Organization (Overall Statement)

( ) (Please use this form if statements need to be prepared separately per executing organization or detailed project)

1. Project overview
Program title Project title Lead Org. 1 Participating Org. 1 3 Participating Org. 3 Total Project Period Total Project Budget

/Unit:1,000 KRW

Principal Investigator 2 Participating Org. 2 4 Participating Org. 4 Term of Phase ( ) Agreement Amount of Phase ( ) Budget

2. Overall statement of in-kind contribution

1 Year 1 Disburse Planned d 2 Year 2 Disburse Planned d

/Unit:1,000 KRW
3 Year 3 Disburse Planned d Sum Planned Disbursed

Classification Contributed amount Descriptions Contributed amount Descriptions Contributed amount Descriptions Contributed amount Descriptions Contributed amount Descriptions

Labor cost Research facility & equipment cost Materials cost and IT process and management cost Prototype manufacturing cost Land, building Construction cost

Sum

- 141 -

 To. President of Korea Institute for Advancement of Technology

. I hereby confirm that our organization has faithfully paid the in-kind portion of civilian dues to be borne by executing organization for the purpose of performing a project under the Knowledge Economy Technology Innovation. 20 . . . [dd/mm/yyyy] Name of Lead Organization: () (Authorized seal/signature)

/(1) ( Cash/in-kind contributing organization (1) (Authorized seal/signature) /(2) () Cash/in-kind contributing organization (2) (Authorized seal/signature) /(3) () Cash/in-kind contributing organization (3) (Authorized seal/signature)

- 142 -

[Standard Form 5 : Letter of Confirmation on Project Budget Approval/Notification]

() Letter of Confirmation on Project Budget Approval/Notification

( : ) (Executing Org: )
1. Project overview Program title Project title Principal Investigator 1 2 Participating Org. 1 Participating Org. 2 3 4 Participating Org. 3 Participating Org. 4 Term of Phase ( ) Total Project Period Agreement Total Project Project Budget of Budget Phase ( ) (Please apply shadow effect to an applicable organization.) Lead Org. 2. ( )
Approved adjustment (in case approval is made or notified by the Dedicated Organization via an official letter)

/Unit:1,000 KRW

. A. Participating researchers
Before Change Classification PI Participating Researchers Na me

() After Change (Final) Participati on period Classificati on Na me

Resident Registrati on No.

% of participati on

Resident Registrati on No.

% of participati on

Participati on period

. B. Research equipment
Classification Research equipment Equipment name Original budget Adjusted budget +/-

/Unit: KRW
Date of adjustment Reason for adjustment

. 20% C. 20% or more +/- vs. the original budget under the Agreement - 143 -

/Unit: KRW
Classification Labor Cost Subcontracting cost Original Budget Adjusted Budget +/- (%) Date of Adjustment Reasons for Adjustment

. D. Project budget adjustment among Executing Organizations Organization Name Original Budget Adjusted Budget +/- (%) Date of Adjustment

/Unit:KRW Reasons for Adjustment

3. 3. Description of Notification
Classification Organization Information Any Change on Representatives Status Original Budget Adjusted Budget +/- (%) Date of Adjustment

/Unit:KRW
Reasons for Adjustment

To. President of Korea Institute for Advancement of Technology () . I hereby advise you of approved adjustments of the terms and conditions of the Agreement on a full-scale project under the International Collaborative Research and Development Program initiated by the Ministry of Knowledge Economy. 20 [dd/mm/yyyy] : () (Authorized seal/signature) ( ) () Representative (if it is a for-profit organization): (Authorized seal/signature) : () Principal Investigator: (Authorized seal/signature) Lead Organization: : 1 Attached: one copy of an official letter of approval regarding project budget. [Standard Form 6 : Review Result of Project Budget Disbursement]

- 144 -

Review Result of Project Budget Disbursement

Project Overview Project No. Project Title Lead Organization Participating Organization Term of Agreement Project Budget of the Corresponding Phase Classification () Amount(KRW 1,000) Details of Budget Disbursement Disbursed Amount Cash(C) In-Kind Total Interest Cash(D) Civilian Dues Government In-Kind Contribution(A) Cash(B) Principal Investigator Subcontract Organization

:/Unit:1,000KRW

Total

Balance Cash In Total (E=A+B+D-C) kind

Review Result
Rejected Cases(F)

Actually Spent Amount (G=C-F)

Final Balance (H=A+B+D-G)

* Amount to return

Dedicated Organizations review comment

* (I)={(A)+(B)+(D)-(G)}(A)/((A)+(B)) * Amount to return (i) = {government contributions (A) + civilian dues (B) + interest (D) - actually spent cash (G)} x government contributions (A)/(government contributions(A)+civilian dues (B))

[Standard Form 7 : Letter of Confirmation on Final Balance Repayment]

Letter of Confirmation on Final Balance Repayment

( : ) (Executing Org.: ) /Unit:1,000 KRW - 145 -

1. Project overview

 Program title Project title Lead Org. 1 Participating Org. 1 3 Participating Org. 3 Total Project Period Total Project Budget Principal Investigator 2 Participating Org. 2 4 Participating Org. 4 Term of Phase ( ) Agreement Amount of Phase ( ) Budget

(Apply shadow effect to an applicable organization.)

2. Balance to be repaid
Budget Civilian Dues Contributions (B) (A) In-kind Cash Disbursed Amount Remaining budget(a) Interest (b) Rejected amount (c)

/Unit:KRW
Sum (C) =(a+b+c) (D) Amount to return D=(A/(A+B))C

To. President of Korea Institute for Advancement of Technology . I hereby notify you of final balance repayment under the Knowledge Economy Technology Innovation Program. 20 [dd/mm/yyyy] : () (Authorized seal/signature) ( ) () Representative (if it is a for-profit organization): (Authorized seal/signature) : () Principal Investigator: (Authorized seal/signature) Lead Organization: : 1. Attached: one copy of deposit slip [Standard Form 8 : Fixed Royalty Payment Plan]

Fixed Royalty Payment Plan

Project No. Program Classifcatio - 146 Date of Notification

n Project Title Lead Org. Year (A) Amount to Pay (B) Balance (A-B=C) Actually-Spent Amount () Royalty Amount ( %) % of Actual Amount of Government Contributions: (Unit: 1,000 KRW)

(:) Governmen 1Year 1 t Contributio 2Year 2 ns (Unit: 1,000 3Year 3 KRW) Sum

( ) Annual Collection/Payment Plan Payment Schedules Licensee Amount Amount Amount Amount Amount Company Name [dd/mm/yyyy] [dd/mm/yyyy] [dd/mm/yyyy] [dd/mm/yyyy] [dd/mm/yyyy]

Sum

Total : () : () : () () (Representative) () (Authorized Seal/Signature) (Authorized Seal/Signature) () (Representative) (Representative) () () () (Authorized Seal/Signature)

Head of Lead Organization: (Company Name) Head of Licensee Company: (Company Name) Head of Licensee Company: (Company Name)

[Standard Form 9 : License Agreement (Fixed Royalties)]

License Agreement (Fixed Royalties)

*) () Note) In case where the lead organization is a licensee company, and where the lead organization is an enterprise, only a royalty payment plan is required.
- (Project title): - 147 -

- (Total due amount of fixed royalties): - : 200 200 Payment period of fixed royalties: [dd/mm/yyyy] ~ [dd/mm/yyyy] - (Parties to the Agreement): () () () () () Organization name: Company name: () Representative: Representative: (Party A) Lead Organization: (Party B) Participating Organization: ()

() () . For the purpose of granting to Party B the license on a technology that was developed by Party A as a result of performing a project under the Knowledge Economy Technology Innovation Programme, Party A and Party B agree as follows:

1( ) Article 1 (Definition of Technology)

: [ ] , [ ] , state the project title ] on [ , , . Technology herein means all deliverables resulting from conducting [ specify the technology name property rights, and knowhow, etc. ] including technologies, design, invention, discovery, methods, intellectual

2( ) Article 2 (License)
(1) () ( )( ) ( ) . Subject to the terms and conditions set forth herein, Party B shall possess the right to use (including act of producing products using the deliverables), assign (including technology transfer), lease or export Technology in the territory of Republic of Korea (hereinafter called License). (2) () () . Subject to the terms and conditions set forth herein, Party A hereby agrees that Party B may license Technology in the territory of Republic of Korea. (3) , , , - 148 -

 () . In case where patent rights, utility model rights, design rights, etc. are established and registered with respect to Technology, the License granted to Party B shall be deemed to include exclusive rights of the aforementioned rights, unless otherwise specified in law and regulations or other special agreement.
* * In principle, the licensee shall be given the exclusive license; provided, however, that a non-exclusive license may be given to the licensee through consultation between the parties to the License Agreement.

(4) () () 3 . Party B shall not furnish or dispose the License hereunder to a third party through permission of use or assignment of the License to a third party, or establishment of a pledge thereon, etc. without a prior written consent of Party A. (5) () () . With respect to part of Technology that Party B does not license, Party A may deem that Party B abandons the License thereon.

3() Article 3 (Overseas Licensing)

"" ("" , , , ) , () () . Overseas Licensing means act of assigning and/or leasing the License hereunder or exporting, assigning, permitting to use, and/or use Technology to or in regions other than the Republic of Korea (including act of producing, selling, leasing, using products applying Technology in such region), and Party B shall enter into license agreement on Overseas Licensing separately with Party A through mutual prior consultations to allow Party B to seek Overseas Licensing of Technology.

4() Article 4 (Licensing Period)

2 1 . The term of this Agreement shall be subject to the period of licensing under Article 2 (1) hereof and starts on [dd/mm/yyyy] and terminates on [dd/mm/yyyy].

5() Article 5 (Royalties)

(1) () () () - 149 -

, 2 5 () . As compensation for the License hereunder, Party B shall pay royalties to Party A or the dedicated organization as requested by Party B, and pursuant to Article 2 (5) hereof, the obligations to pay royalties under this provision shall survive partial abandonment of Technology by Party B. [ ] [Lump Sum Payment] (2) () ( ) 200[] [] [] () , ) in royalties to Party B by . Upon the conclusion of this Agreement, Party B shall pay KRW ( [dd/mm/yyy] and specific payment methods shall be subject to the procedures and methods of fixed royalty collection set forth in the Comprehensive Operational Regulations on Collection, Use and Management of Royalties. [ ] [Installment Payment] (2) () () . Upon the conclusion of this Agreement, Party B shall pay KRW ( ) in royalties in installment to Party A by the due date of royalty payment according to the following schedules and specific payment methods shall be subject to the procedures and methods of fixed royalty collection set forth in the Comprehensive Operational Regulations on Collection, Use and Management of Royalties. No. of installment [dd/mm/yyyy] Amount [ ]( )

6( ) Article 6 (Ownership and Licensing of Technology)

() , , () , . In case where Party A has acquired or owned patent rights, utility model rights, etc. with respect to Technology, it shall be deemed that Party B acquires the exclusive license concerning said patent rights and utility model rights, etc. automatically pursuant to this Agreement.
* * In principle, the licensee shall be given the exclusive license; provided, however, that a non-exclusive license may be given to the licensee through consultation between the parties to the License Agreement.

- 150 -

7( ) Article 7 (Principle of Good Faith)

() , () , () . Concerning any other matters necessary to meet the needs and purposes that the Parties to this Agreement intend to satisfy, Party A shall be actively cooperative with Party B in good faith, and Party B shall perform this Agreement in good faith.

8() Article 8 (Confidentiality)

() . . Party B shall take all precautions necessary to maintain the secrecy of and to prevent disclosure of Technology to a third party and such obligations hereunder shall be deemed to include the obligation to ensure that there will be no breach of confidentiality caused by any officer and employee or successor of Party B in effect. This provision shall survive any termination of this Agreement.

9( ) Article 9 (Amendment)
() () . , () () () () 3 . Any terms and conditions hereunder may be amended effectively by a written consent of Party A and Party B; provided, however, that if it is deemed that Party Bs production capacity has failed to meet the demand of products, or Party B has failed to sufficiently materialize Technology technically and thus it is deemed lack an ability to improve it, Party B may allow a third party to license Technology.

10() Article 10 (Force Majeure)

. Neither party hereto shall be liable to the other party for any losses or damages arising from act of God or an event of force majeure, nor defects other than those attributed to willful negligence by either party.

11( ) Article 11(Termination)

(1) () 30 () () ( ) - 151 -

 , () () . In the event of falling under any of the following subparagraphs, Party A is entitled to urge Party B to perform its obligations in writing giving a 30-day grace period prior to termination of this Agreement, and in case where this Agreement is terminated subsequently, Party A shall not return the amount already paid to it (including promissory notes already received), and Party B shall return all data and documents furnished concerning Technology to Party A and lose all and any rights hereunder: 4 () Where Party B does not license Technology or give up licensing Technology within the licensing period under Article 4 hereof without any justifiable reasons; 4 () () Where Party A deems that Party B has suspended its operation and subsequently it is unable to continue performing this Agreement within the licensing period under Article 4 hereof; () 5 Where Party B fails to pay the compensation for the License under Article 5 hereof without any justifiable reasons; and/or Where Party B is in breach of any of the terms and conditions hereunder, and obligations under related law and regulations. (2) () () () , () . In the event that this Agreement is terminated due to any of subparagraphs (a) through (d), Party B shall compute compensation for the License up to the day of termination and pay them to Party A. (3) , () 3 . In the event of termination of this Agreement, Party B shall not license Technology nor allow a third party to license Technology or produce products using Technology

12() Article 12 (Indemnification)

() () . Party B agrees to indemnify Party A from damages and losses arising from any breach of this Agreement by Party B.

13() Article 13 (Use of Name)

() () () , , , () . - 152 -

Party B shall not use part or all of original copy, copy or reproduction of information, reports and documents that Party A has furnished to Party B in relation to this Agreement for sales promotional purposes including advertisement, PRs and for the purpose of other propaganda and litigation and shall not imply or use the name of Party A for the foregoing purposes.

14( ) Article 14 (Notification)

() () , () () . Party B shall immediately notify Party A of any material changes on its part after conclusion of this Agreement, including not limited to changes of corporate address, etc. and any mistake by Party A due to Party Bs non-performance of such notification is not subject to claims by Party B.

15() Article 15 (Settlement of Disputes)

() () , . Any dispute or disagreement arising out of or related to this Agreement or either partys performance of its obligations hereunder shall be resolved amicably through mutual consultation between Party A and Party B. In case where such dispute or disagreement has not been resolved by the parties hereto, it shall be resolved by arbitration in Korea in accordance with the Commercial Arbitration rules of Korean Commercial Arbitration Board.

16( ) Artilce 16 (Effective Day)

. This Agreement shall come into force from the date on which it is signed by the parties hereto.

17() Article 17 (Interpretation)

. Any dispute or disagreement arising out of matters other than provided herein or over interpretation hereof shall be resolved through mutual consultations among the parties hereto. 2 , () () 1 . IN WITNESS WHEREOF, Party A and Party B have caused this Agreement to be executed in duplicate originals by their duly authorized representatives and each Party retains each signed original.

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[dd/mm/yyyy] 20

() () For Party A (Organization name)

() (Representative)

() (Authorized seal/signature)

() () For Party A (Organization name)

() (Representative) Principal Investigator ()

() (Authorized seal/signature)

(Authorized seal/signature)

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[Standard Form 10 : Royalty Disbursement Report]

Royalty Disbursement Report

1. Project overview Program title Project title Lead Org. 20 . . . ~ 20 . . . Total project [dd/mm/yy] ~ [dd/mm/yy] period Project No. PI Licensee company

. For the purpose of the project stated above, I hereby submit a royalty disbursement statement as below pursuant to the Regulations on Royalty Management for this International Collaborative Research and Development Program: 2. Royalty collection statement Total royalty receivable Collected royalties in Year ( ) Collected royalties in Year ( ) Collected royalties in Year ( ) Collected royalties in Year ( ) Amount paid to the Dedicated Org. Amount used by the Lead Org. Amount carried over from the previous year : /Unit: KRW

(1) (Licensee company 1) (2) (Licensee company 2) (3) (Licensee company 3) Sum

KRW KRW KRW KRW

() (Due date) () (Due date) () (Due date)

* () In case where there is an amount carried over from the previous year, please submit a (overall) disbursement report and a detailed disbursement statement thereof.

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3. () Overall disbursement report Planned amount Amoun t %

Classification

:,%/Unit: KRW,% Balanc ActuallyReasons e spent amount for +/ Amoun t % Balanc e Reasons for +/-

Description s

Participating researcher Incentiv Contributors to e technology transfer & commercializati on Re-investment in R&D Organization operating expenses Contributions to Others Total

: 1. . Attached : one copy of detailed disbursement statement by item and receipts, etc. 20 [dd/mm/yy/] : ()___________________ ()_____________() Lead Organization : (Organization name) (Representative) To the Minister of Knowledge Economy. (Authorized seal/signature)

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*Note: please prepare this report for each project and each year. 1. Attached 1. Detailed disbursement statement by item [/Incentives]
Detailed cost Date of item disbursement Participating researcher (,) Paid to: (Name, company name) (,) No. of payment () Unit price (KRW) () Amount (KRW) Description Remark

Sum

[/Re-investment in R&D]
Detailed cost Date of item disbursement (,) Paid to: (Name, company name) (,) No. of payment () Unit price (KRW) () Amount (KRW) Description Remark

Sum

[/Organization operating expenses]

Detailed cost Date of item disbursement Incentive Sum (,) Paid to: (Name, company name) (,) No. of payment () Unit price (KRW) () Amount (KRW) Description Remark

[/Other]
Detailed cost Date of item disbursement Management of industrial property rights Contribution to Sum (,) Paid to: (Name, company name) (,) No. of payment () Unit price (KRW) () Amount (KRW) Description Remark

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