RAGNAROK SALES AGENCY AGREEMENT
This Agreement is hereby entered into by and between GRAVITY Co., Ltd. (hereinafter referred to as
"GRAVITY"), with business address at 602, Shingu Building, 620-2, Shinsa-dong, Gangnam-gu, Seoul, and
Sunny YNK Inc. (hereinafter referred to as "Sunny"), with business address at 48-7, Munpyeong-dong,
Daedeok-gu, Daejeon, with respect to the domestic sales of Ragnarok Online Game (hereinafter referred to as
"Ragnarok"), namely, Massively Multiplayer Online Role-Playing Game (MMORPG), which is currently under
ARTICLE 1. PURPOSE OF AGREEMENT AND PRIORITY
1. The purpose of this Agreement is to specify the rights and obligations of the parties hereto. Pursuant to the
Investment Agreement (hereinafter referred to as "Original Agreement") entered by both parties on February 12,
2002, GRAVITY owns the rights over Ragnarok, and shall appoint Sunny as its agent for conducting the
domestic sales of Ragnarok.
2. The Original Agreement shall take precedence over all the terms and conditions set out in the Marketing
Agreement dated December 19, 2001. The Original Agreement, however, shall take precedence over this
Agreement only in case of conflicts and contradictions therewith.
ARTICLE 2. AGENCY SERVICES
1. The services to be provided Sunny as agent under the terms herein shall consist of the following and may be
changed by a mutual agreement of the parties:
a. Online service involving the application for a fixed IP address for an Internet cafe so as to allow the fee-based
use of Ragnarok at such Internet cafe;
b. Handling of inquiries, consultation and maintenance in connection with the use of Ragnarok as described in (a)
c. Appointment and management of regional sales agencies that perform duties set forth in (a) and (b) above.
2. If GRAVITY produces and sells Ragnarok in CD-Rom format during the term of this Agreement, such CD-
Rom sales shall be included as part of Sunny's sales activities as agent for the term of this