EX-4.8 LEASE AGREEMENT, DATED NOVEMBER 29, 2007






Exhibit 4.8




Lease Agreement




(Kamiyacho Prime Place)




11/29/2007



Lessor : AIG Global Real Estate Asia Pacific Inc.



Lessee : Gmarket Inc.




 









 








Outline of Lease Agreement




	 	 	 	 	 	 	 	 	 	 	 	 	 
	(1)	 	Lessor	 	 	 	AIG Global Real Estate Asia Pacific Inc
	 
	(2)	 	Lessee	 	 	 	Gmarket Inc.
	 
	 	 	 	 	Name	 	Kamiyacho Prime Place
	 	 	 	 	Address	 	4-1-17 Toranomon Minato-ku, Tokyo
	(3)	 	Building	 	Structure & Size	 	Steel frame, partial reinforced steel concrete structure, reinforced concrete structure

12 stories above ground, 2 stories underground, 2 stories penthouse
	 	 	 	 	Total floor space	 	16,765.10 m2
	 
	 	 	 	 	 	 	Space (center line of wall calculation)	 	 	 	 
	(4)	 	Lease space	 	9 Total	 	237.51 m2	 	71.84py
	 	 	 	 	Total	 	237.51 m2	 	71.84py
	 
	(5)	 	Use Type	 	Office	 	 	 	 	 	 
	 	 	 	 	 	 	Calculation
	 	Lease
	 	Consumption Tax Subtotal

	 
	(6)	 	Rent (Monthly)	 	9 Total	 	¥2,873,600	 	¥143,680	 	¥3,017,280
	 	 	Common Area Charge (Monthly)	 	9 Total	 	¥   287,360	 	¥  14,368	 	¥   301,728
	 
	 	 	 	 	Coefficient	 	 	 	 	 	 
	(7)	 	Deposit	 	 	 	9 Total	 	¥43,104,000
	 
	(8)	 	Lease Period	 	9 Total	 	December 1, 2007~ November 30, 2009
	 
	(9)	 	Rent and Common Area Charge of Initial Charging Date	 	9 Total	 	Rent: From January 1, 2008

Common Area Charge : From December 1, 2007
	 
	(10)	 	Special Clause	 	Article 32. Addition

As for the payment method of the rent, common area charge pursuant to Article 5 and other expenses pursuant to Article 6, it shall
be added that the payment shall be made by automatic bank transfer from the bank designated by the Lessor.






 









 





Lease Agreement




The Lessor, AIG Global Realestate Asia Pacific Inc (“the Lessor”) and the Lessee, GMarket Inc.
(“the Lessee”) hereby enter into this Lease Agreement (this “Agreement”) where the Lessor rent the
Lease Space as specified in the Outline of Lease Agreement according to Article 38 of the Land and
House Lease Law (“the Law”). Also the Lessor and the Lessee confirm that the Agreement is a
sublease agreement. This Agreement is a sublease agreement from the lease agreement (the “Master
Lease Agreement”) between the Chou Mitsui Trust and Banking Company, Ltd., owning the building as
trustee (“the Trustee”) and the Lessor.



Article 1. Lease Space



The lease space (the “Lease Space”) shall be the lease space defined in Section (4) of the Outline
of Lease Agreement (the “Outline”) out of the building as specified in Section (3) of the Outline
(“the Building”) and shall follow the attached drawing.



Article 2. Use Type



The Lessee shall use the Lease Space for the purpose specified in section (5) of the Outline and
shall not use the space for any other purpose, with the exception when the Lessee obtained a prior
written approval from the Lessor.



Article 3. Lease Period





	 	1.	 	The lease period (the “Lease Period”) shall be as specified in the Section (8) of the
Outline.
	 
	 	2.	 	This Agreement shall be terminated according to the previous Paragraph and shall not
be renewed.
	 
	 	3.	 	The Lessor shall notify the Lessee the effect of termination of the Agreement due to
expiration of the Lease Period from one (1) year to six (6) months prior to the expiration
date of the Agreement pursuant to Paragraph 1 (“the Notification Period”).
	 
	 	4.	 	If the Lessor fails to make the above notification, the Lessor cannot demand the
termination of this Agreement and the Lessee can continue to lease the Lease Space even
after the Lease Period in Paragraph 1. However, when the Lessor notifies the Lessee after
the Notification Period on the effect of the termination of this Agreement due to
expiration of the contract period, the Agreement shall expire on 6 months from the day
when the notification is made.




 









 











Article 4. Termination during Lease Period



The Lessor and the Lessee cannot terminate this Agreement prior to the expiration of the Lease
Period.



Article 5. Rent and Common Area Charge




	 	1.	 	The rent and common area charge shall be the amounts specified in Section (6) of the
Outline and the Lessee shall pay by the 25th day of each month (or previous business day,
if the last day falls on a bank holiday) the rent and common area charge of the following
month to the bank account owned by the Trustee designated by the Lessor. Transfer
commission shall be paid by the Lessee.
	 
	 	2.	 	The common area charge of the previous Paragraph shall include the cost of all
services provided by the Lessor and the maintenance of the common use area of the
building.
	 
	 	3.	 	The rent and common area charge of a month leased less than one month shall be
calculated pro rata.
	 
	 	4.	 	The Lessee shall pay the Lessor according to the same method as above Paragraph 1 the
consumption tax and regional consumption tax on the rent and common area charge (“the
consumption tax and others”. When the tax ratio is adjusted, the amount shall be
calculated according to the adjusted ratio.)
	 
	 	5.	 	The Lessor shall omit issuing receipt.
	 
	 	6.	 	The initial charging date for the rent and the common area charge shall be according
to Section (9) of the Outline.





Article 6. Other Expenses than the Rent



The Lessee shall pay the following other expenses along with the rent and common area charge of the
Paragraph 1 of the previous Article as charged by the Lessor.




	 	1.	 	Heating and cooling, air conditioning, garbage treatment, electricity, gas, water and
sewer charges incurred in relation to the Lessee using the Lease Space.
	 
	 	2.	 	Expense for cleaning and repair of the Lease Space (including the operation,
equipment and fixtures of the Lessee)
	 
	 	3.	 	Expense required to replace the tube-type thin and long bulb installed in the light
fixture of the Lease Space
	 
	 	4.	 	Expense for extermination of rodent and vermin in the Lease Space
	 
	 	5.	 	Air conditioning utility charged to operation, fixtures newly installed, added, or
modified by the Lessee (regardless of who the utility is charged to)




 









 






	 	6.	 	Other charges and dues should be borne by the Lessee





Article 7. Revision of the Rent





	 	1.	 	During the term of this Agreement, the rent shall not be revised.
	 
	 	2.	 	Article 32. Request for Increase/Decrease of the Rent shall not be applied to this
Agreement.





Article 8. Deposit




	 	1.	 	The Lessee shall pay to the Lessor the amount specified in Section (7) of the Outline
as the deposit (the “Deposit”) upon the execution of this Agreement.
	 
	 	2.	 	No interest shall accrue on the Deposit.
	 
	 	3.	 	During the life of the Agreement, the Lessee cannot demand the deposit to be used to
offset other debt to the Lessor other than the rent.
	 
	 	4.	 	If the Lessee is delinquent in rent payment, is default or is liable for damages
resulting from this Agreement and/or other agreements supplementary to this Agreement, the
Lessor may use part or whole of the deposit for the delinquent, default or liability.
	 
	 	5.	 	If the Lessor used the deposit for the Lessee’s liability according to the previous
Paragraph, the Lessee should replenish the shortage in the Deposit within one (1) week
from when the Lessee received the notification of replenishment.
	 
	 	6.	 	Upon the termination of this Agreement is terminated, when the Lessee completely
vacates the lease space, and when the Lessee pays for all the debt to the Lessor with the
Deposit, the Lessor should immediately return the balance of the Deposit, if any.
	 
	 	7.	 	When the Master Lease Agreement between the Lessor and the owner of the building is
terminated, unless otherwise agreed in writing between the owner of the building at the
time of the concerned termination or the new lesser and sublessor and the Lessee, the
Lessor continues to hold the liability to return the Deposit and no one else other than
the Lessor has the liability for the Deposit.





Article 9. Damages from Delinquency



If the Lessee is delinquent in paying the rent and other debt, the Lessor may charge the Lessee on
damages from the delinquency with the annual ratio of 14% (pro rata). The payment by the Lessee of
the damages, however, shall not prevent the Lessor from exercising the right to terminate this
Agreement.



 









 





Article 10. Prohibited Acts



The Lessee shall not engage in the followings unless otherwise secured a prior written approval
from the Lessor on Paragraph 1 or 4.




	 	1.	 	Assignment to a third party or use as pledge of the right of lease and the claim for
the Deposit and any other rights of all parties concerned resulting from this Agreement
	 
	 	2.	 	Succession to another party than the Lessee of the general rights of all parties
concerned resulting from this Agreement regardless of the manner how it is done including
assignment or merger of business
	 
	 	3.	 	Renting part or whole of the Lease Space to a third party or offering the space for
the use of a third party
	 
	 	4.	 	Housing a third party in the Lease Space or disclosing the name of another party that
occupies the Lease Space other than the Lessee.
	 
	 	5.	 	Use of the Lease Space as accommodation
	 
	 	6.	 	Any activity that may cause trouble to other lessees and any other activity that may
cause damage to the building including the Lease Space
	 
	 	7.	 	Carrying in and housing a dangerous object that may cause fire or explosion
	 
	 	8.	 	Activity that violates the management regulations specified by the Lessor
	 
	 	9.	 	Any other activity that may harm the trust with the Lessor





Article 11. Care of a Good Manager



The Lessee shall use the Lease Space and common use area with the care of a good manager.



Article 12. Activity that Requires Approval from the Lessor




	 	1.	 	The Lessee is required to obtain a prior written approval from the Lessor when the
Lessee is engaged in any of the following activities.






	 	A.	 	To newly install, add, modify or relocate partition, window and any other
operation and fixture
	 
	 	B.	 	To newly install, extend and/or modify electrical, water
supply/distribution, hygienic, air conditioning, gas, telephone, cable broadcasting
fixtures
	 
	 	C.	 	To post a notice or display the trade name, trademark and any others on the
entrance, wall, windows and/or shutter
	 
	 	D.	 	To install safe and any other heavy weight item

	 
	 	E.	 	To exchange lock of the entrance
	 
	 	F.	 	To install signage and other advertisement material




 









 












	 	2.	 	Any work that accompanies the above Paragraph shall be carried out by the Lessor or
the service provider designated by the Lessor whose cost shall be borne by the Lessee.
	 
	 	3.	 	Even when a work specified in Paragraph 1 is approved by the Lessor or is carried out
by the Lessor or the service provider designated by the Lessor, the Lessee shall be
responsible for the compliance of the specification of the work with the construction
standard act, the fire services act, and any other relevant laws and regulations (the
“Applicable Laws”) and if any specification of the work is in violation of the Appplicable
Laws, the Lessee should immediately carry out repair, improvement and other required
action to satisfy theApplicable Laws at the Lessee’s cost and responsibility.





Article 13. Repair





	 	1.	 	When there is a need or potential need for repair on the operation and fixture in the
Lease Space and owned or managed by the Lessor due to damage or malfunction, the Lessee
should immediately notify the Lessor of such occurrence.
	 
	 	2.	 	The repair notified by the Lessee and acknowledged by the Lessor to be required shall
be at the expense of the Lesser. The repair, however, which includes repair on the paints
on the ceilings and the walls of the Lease Space and on the floors, minor repair required
for maintenance of other additional fixture, repair required due to intentional or
negligent behavior of the Lessee or its concerned person, and repair on the operation and
fixture owned by the Lessee shall be carried out at the expense of the Lessee.
	 
	 	3.	 	Even when the Lessee carries out the repair work specified in the above Paragraph at
the expense and responsibility of the Lessee, the Lessee shall secure a prior written
approval from the Lessor on the method of repair and the service provider.
	 
	 	4.	 	The Lessee shall provide cooperation to the repair, alteration, improvement or
maintenance of the Lease Space, common use area, and other fixtures carried out by the
Lesser. Additionally, the Lesser shall not be held responsible for any restriction and/or
suspension in the use of Lease Space and/or common use area and loss of relevant services
that result from such work.





Article 14. Indemnity



If harm is done to the Lessor, other lessee or a third party due to intentional or negligent action
of the Lessee or its representation, employee, contractor, visitor and any other concerned person,
the Lessee shall immediate report of such harm to the Lesser and at the



 









 





same time shall indemnify damages done to all the concerned parties by such methods as restoration
of its original condition at the expense of the Lessee.



Article 15. Termination of the Agreement





	 	1.	 	If the Lessee is in any of the following situations, the Lessor may terminate this
Agreement without any notice.






	 	A.	 	Delinquency in payment of the rent and other debt for two (2) consecutive
months, or several delays in payment
	 
	 	B.	 	Under attachment, provisional disposition, compulsory execution,
delinquency disposition, and/or suspension of banking transaction
	 
	 	C.	 	Initiation of dissolution, bankruptcy, civil rehabilitation, liquidation,
corporate reorganization, or any other similar proceedings
	 
	 	D.	 	Provision of the Lease Space for the use by a gang or any other unlawful
organization
	 
	 	E.	 	Significant damage to the reputation, offense against public morals
	 
	 	F.	 	Violation of any Paragraph of this Agreement or any other agreement
established supplementary to this Agreement






	 	2.	 	If this Agreement is terminated due to any of the above Paragraph, the Lessee shall
pay the Lessor the rent and common area charge for the remainder of the Lease Period. The
Lessee shall not interfere with the Lessor in its pursuit of claim for damages from the
Lessee.





Article 16. Natural Termination of the Agreement



This Agreement shall be naturally terminated if the part or whole of the building is destroyed or
damaged and the Lease Space can no longer be used due to natural disaster or any other cause
unattributable to the Lessor. The Lessor shall not be held responsible for any damages to the
Lessee due to such occurrence and the Lessee shall not claim monetary and any other form of
compensation regardless of item.



Article 17. Restoration to Original Condition




	 	1.	 	When this Agreement is terminated, the Lessee shall remove any operation and fixture
newly installed, added or modified at the expense of the Lessee and any furnishings owned
by the Lessee at the Lessee’s cost, and also shall remove the item newly installed or
added by the Lessor at the request of the Lessee when such removal is requested by the
Lessor before the Lessee return the lease space to the Lessor. Original condition of the
Lease Space shall be the condition as described in




 









 






	 	 	 	Attachment 1. Additionally, the Lessee shall in principle request the restoration work to
the Lessor or the service provider designated by the Lessor.
	 
	 	2.	 	If the Lessee fails to restore the Lease Space to its original condition concurrent
to the termination of this Agreement, the Lessor may remove the operation and fixture of
the Lease Space and at the same time restore the wear and tear caused by misuse, damage,
malfunction or any other use by the Lessee and charge the cost to the Lessee.
	 
	 	3.	 	After the Lessee returned the Lease Space due to the termination of this Agreement,
if there is any item left inside the Lease Space or the building, the Lessor may consider
that the Lessee has abandoned the ownership of the concerned item and may dispose the item
at its discretion and charge the removal cost to the Lessor.
	 
	 	4.	 	Around the evacuation of the Lease Space, the Lessee shall not claim reimbursement on
the cost spent for the Lease Space, operation and fixture, moving cost, entry/exit fee,
and/or premium. Moreover, the Lessee shall not request the Lessor to purchase the
operation and fixture installed at the cost of the Lessee inside the Lease Space.





Article 18. Usage Fee until the Completion of Surrender



If the Lessee fails to evacuate the Lease Space at the time of the termination of this Agreement,
the Lessee shall pay the Lessor the damages in the equivalent amount of the rent and the common
area charge, the consumption tax and any other expenses of the Lessee occurred from the termination
of this Agreement to the completion of Surrender (the Damages from Usage”) and shall compensate for
any loss to the Lessor caused by such delay. If the Lessee surrenders or evacuates the Lease Space
without fulfilling the responsibility of restoration as specified in Article 17, the Lessee must
pay the Lesser the Damages from Usage during the period required for the restoration work.



Article 19. Building Maintenance



The Lessor may commission the building maintenance to a third party (the “Building Manager”). The
details of building maintenance shall include each of the following items.




	 	1.	 	Operation, check, general repair of electrical, air conditioning, water supply and
distribution, hygienic, disaster prevention, elevator, parking and any other subsidiary
facilities
	 
	 	2.	 	Cleaning and hygienic maintenance

	 
	 	3.	 	Prevention of fire, theft and natural disaster, security
	 
	 	4.	 	Building exterior and trees and plant management




 









 






	 	5.	 	Oversight on construction work for maintenance, conservation, repair, renovation,
renewal, extension, and/or painting of the main building, fixture, operation
	 
	 	6.	 	Collection of water, light and heat charge and payment to the utility provider
	 
	 	7.	 	Planning and research for repair and maintenance
	 
	 	8.	 	Relevant application, report and declaration to the concerned authority





Article 20. Lessor’s Entry into Lease Space for Inspection





	 	1.	 	When necessary for the maintenance of the building or the Lease Space, the Lessor,
the building manager, or anyone designated by the Lessor may enter the Lease Space for
inspection and seek appropriate measures with prior notice to the Lessee. If an emergency
or urgency prevents the Lessor from sending a prior notice to the Lessee, the Lessor shall
provide immediate notice to the Lessee afterwards.
	 
	 	2.	 	In case of the previous Paragraph, the Lessee shall cooperate with the measures taken
by the Lessor.
	 
	 	3.	 	When the Lessor, the building manager or the person designated by the Lessor enters
in the lease space according to the previous Paragraph 1. the confidential business
information acquired during such entry shall be kept confidential during and after the
term of the Agreement and shall not disclose the confidential information to any third
party.





Article 21. Exemption





	 	1.	 	The Lessor shall not be held responsible for any loss to the Lessee from the force
majeure, fire, flood, earthquake, disaster, theft, riot and/or damage or operation of the
building, electrical, gas, water, air conditioning, elevator, parking facilities, unless
the Lessor was negligent in its care as a good manager or has intentional or gross
negligence.
	 
	 	2.	 	The same exemption shall be applied to temporary suspension of the Lease Space due to
legal restriction including an administrative order.





Article 22. Notification



If there is a major change in the address, trade name, representative, purpose of business, capital
and other major item in the commercial business registration of the Lessee, the change shall be
immediate notified to the Lessor in writing.



Article 23. Observation of the Regulations



The Lessee shall observe the regulations of the building and its premises and other relevant



 









 





rules specified by the Lessor and shall have the employees and contracts of the Lessee to observe
the rules and regulations.



Article 24. Private Information





	 	1.	 	The Lessee and a Joint Surety (the “Joint Surety”, if this Agreement involves one)
shall confirm that information relevant to the management and operation of this Agreement
and the building (the “Building”), the Joint Surety and the occupant of the Lease Space
(including the address, name, contents of the Agreement, performance of the Agreement and
any other information. The “information”) may be shared with the owner of the building
(the “Owner of the Building” including the trust bank or company that is the trustee), the
beneficiary of the trust, the party with the right to lease, the building management
company and anyone who is commission by any of the above mentioned entity (including all
of the above and, the successor and the successor to be from the above concerned party)
for the performance of this Agreement and the management of the Building within the
boundary that is necessary to perform respective duty.
	 
	 	2.	 	The Lessee and the Joint Surety shall agree that in each of the following
circumstances, the Information may be provided to a third party for the each of the
following objective and necessary boundary and under the responsibility for
confidentiality.






	 	A.	 	Disclosure to a person who secures the beneficiary right to the Building or
the trust, provides or intends to provide loan to or investment of the Building or
its trust under the commission or approval from the Owner of the Building or the
trust beneficiary for the purpose of valuation of the Building or its beneficiary
right of the trust and other relevant review
	 
	 	B.	 	Around the termination of the trust agreement on the Building, transfer of
the ownership or the status as the party with the right to lease, disclosure to the
person who intends to succeed the ownership or the right to lease of the Building for
the purpose of succession of this Agreement and appropriate management of the
Building






	 	3.	 	As per the joint user and the purpose of usage of this Article, AIG Global Reatestate
Asia Pacific Inc., (8fl, AIG Building, 1-3 Marunouchi 1-chome, Chiyoda-ku, Tokyo Japan.
“AIGGRE”) shall be the point of contact or the manager. If AIGGRE is the party to succeed
its position in this Agreement, the Lessee and the Joint Surety shall agree in advance
that the successor of the party designated by AIGGRE assumes the position of the contact
point or the manager.




 









 











Article 25. Joint Surety





	 	1.	 	If the Lessee has a Joint Surety, the Joint Surety shall have the responsibility
jointly with the Lessee under this Agreement (including renewal and modification of the
terms of this Agreement) for any and all debt of the Lessee to the Lesser.
	 
	 	2.	 	When there is a material change the address, trade name, representative, purpose of
business, capital amount and any other important information, details on the residence
identification, and/or matters related to the status, the Lessee and the Joint Surety
shall immediately notify the Lesser of the change in writing.
	 
	 	3.	 	When the Joint Surety falls under Article 15.1.2 or 15.1.3, or otherwise loses the
status of a joint surety as recognized by the Lessor, the Lessee shall designated another
joint surety immediately and receive approval from the Lessor.





Article 26. Jurisdiction



If there is a conflict between the Lesser and the Lessee in relation to this Agreement, the Tokyo
District Court shall be the competent court.



Article 27. Governing Law



The Japanese Laws shall be the governing law of this Agreement.



Article 28. Good Faith Principle



When there is a conflict in interpreting and applying this Agreement or when this Agreement does
not provide a definition, the Lessor and the Lessee shall consult with each other to resolve the
conflict according to the relevant laws and customs and under the good faith principle.



Article 29. Special Clause on Renewal





	 	1.	 	From twelve (12) months to nine (9) months prior to the termination of this
Agreement, the Lessee may apply to the Lessor for a new lease agreement (the Renewal of
Agreement”) with the effective date as the following date of the termination of this
Agreement.
	 
	 	2.	 	When receiving such application, the Lessor shall immediately start consultation with
the Lessee on the terms and conditions of the lease for the Renewal of Agreement, and when
the consultation comes to an agreement on the concerned terms and condition sin six (6)
months prior to the termination of this Agreement, the Lessor shall establish the Renewal
of Agreement with the Lessee. Additionally, if an




 









 






	 	 	 	agreement was failed to be reached in six months prior to the termination of theis
Agreement, the Lessor may express its intention not to renew this Agreement.
	 
	 	3.	 	After the Lessor agrees to the renewal of this Agreement, if the Lessee carries out
any activity or circumstance under each item under Article 15.1 until the termination of
the Agreement, the expressed intention of the Lessor on the renewal shall naturally lose
its effect without any notice and the Lessor shall not be held responsible for such loss.





Article 30. Succession of the Lessor



When the Master Lease Agreement established between the Lessor and the Owner of the Building
expires, the Lessor shall succeed the status of the Lessor of this Agreement (including the
liability to return the Deposit) to the owner of the building or a new lessor, and the Lessee shall
approve of such succession (including submission of the approval document).



Article 31. Change in the Name of the Building



The Lessee shall approve in advance to potential change of the name of the Building in the future,
and shall not seek any monetary compensation for any such change.



The End.



In Witness whereof, the parties shall prepare, name and sign two original copies of this Agreement,
and each shall keep one original copy.



November 29, 2007




The Lessor: Yamata Takuya, Japanese Representative of AIG Global Realestate Asia Pacific Inc. (1-3
Marunouchi 1-chome, Chiyoda-ku, Tokyo Japan)



The Lessee: Hyo-Jong Kim, Japanese Representative of Gmarket Inc. (6-13, 4-CHome, Minato-Ku, Tokyo,
Japan)



The Joint Surety: Hyo-Jong Kim



 









 





Attachment 1. Standard for Restoration




The following shall be the standard for restoration of the Lease Space to its original condition
performed by the Lessee in case of the expiration of this Agreement or this termination of the
agreement.




	1.	 	Scope
	 
	 	 	The scope of restoration shall be the whole Lease Space (the concerned space under this
Agreement).
	 
	2.	 	Operation and fixture installed by the Lessee
	 
	 	 	Operation, fixture installed by the Lessee and/or installed by the Lessor at the request of
the Lessee shall be completely removed to restore the Lease Space to the same condition as the
beginning of this Agreement.
	 
	 	 	Any damage incurred from the installation of the operation and fixture and the site of
alteration should be restored.
	 
	3.	 	Restoration of each area
	 
	 	 	Each area of the interior of the Lease Space shall be restored as follows.






	 	A.	 	Floor






	 	i.	 	Tile carpet shall be completely replaced






	 	B.	 	Walls






	 	i.	 	Any painted walls shall be repainted, and any cross shall be
reattached and replaced.
	 
	 	ii.	 	Any rough-finished article shall be replaced.
	 
	 	iii.	 	Any other area shall be restored as agreed by the Lessor and the
Lessee.






	 	C.	 	Ceiling






	 	i.	 	The ceiling is in principle shall be renewed and reapplied, but
when a part of whole of the ceiling was processed in conjunction with
modification or addition of partition, air conditioning, lighting fixtures or
facilities, the processed area shall be repainted.






	 	D.	 	Lighting Fixture






	 	i.	 	All the lighting fixture shall be cleaned
	 
	 	ii.	 	All tube-shaped thin long bulbs shall be replaced
	 
	 	iii.	 	All additional fixtures shall be removed






	 	E.	 	Air Conditioning
	 
	 	 	 	The outlet and inlet of air conditioning facility shall be cleaned. When the facility
is relocated or added, the facility shall be relocated.




 









 












	 	F.	 	Wall partitioning interior and exterior (door, sash)






	 	i.	 	Steel and wooden partition walls with paint finish should all be
repainted.
	 
	 	ii.	 	Aluminum and stainless partition walls without paint finish
should be all cleaned and any damaged one should be repaired or replaced.
	 
	 	iii.	 	Lost key or damaged cylinder shall be replaced.
	 
	 	iv.	 	Blinds shall be cleaned and any damaged one should be repaired or
replaced.






	4.	 	Telephone Line
	 
	 	 	All telephone lines from IDF to the Lease Space shall be removed.





The End