CONFIRMATION

"A" : (International Recording Company)

"B" : (Korean Recording Company)

RIAK : Recording Industry Association of Korean

1. "A" confirms that "B" has been authorized by the copyright law in Korea as the producer to apply for "broadcasting remuneration rights", "public performance remuneration rights" and "digital transmission remuneration rights" for all phonogram belonging to "B"

* Remuneration Right : Right to claim royalties from broadcasting, public performance and(or) digital sound transmission

2. "A" agrees that RIAK transfers "remuneration" produced from broadcasting, public performance and digital sound transmission "B"’s official bank account under the Copy Right Law in Korea.

* Remuneration : Money that has been collected from the use of Phonogram by broadcasting, public performance and digital sound transmission

3. "A" and "B" guarantees under Korean Copy right Law and related regulations that all phonogram on the remuneration list provided to RIAK are owned by "A", therefore "A" and "B" are responsible if any content on the provided remuneration list is not true.

4. In case "A" transfers the authority of “remuneration right” to a third party (not "B"), "A" should provide a written document to ‘RIAK’ for confirmation immediately. "A" is responsible for losses resulted from delay.

Agreed on,          ,  20

(A's Company)                                (B's Company)

(Address)                                     (Address)

(Representative Name)                          (Representative Name)

(Signature)                                    (Signature)