Exhibit 4.44

 

Amendment to Nuritkum Square Office Lease Agreement

 

(1) Reason for the amendment: Reduction of the lease premise area

(2) Effective date: May 1st, 2013

 

<Contents of the Amendment>

 

(1) Standard Lease Agreement

 

	
Classification
    	
 
    	
Before Amendment
    	
 
    	
After Amendment
    
	
Term
    	
 
    	
January 1st, 2013 ~   December 31st 2014
    	
 
    	
January 1st, 2013 ~   December 31st 2014
    
	
Description of Premises
    	
 
    	
Total   10,270.54m2 (incl. Public Area)

 - 15th floor above the ground for Business   Tower 2,858.30m2

 - 15th floor above the ground for R&D   Tower 4,820.26m2

 - 14th floor above the ground for R&D   Tower 2,591.98m2
    	
 
    	
Total   9,817.10m2 (incl. Public Area)

- 15th floor above   the ground for Business Tower 2,858.30m2

 - 15th floor above the ground for R&D   Tower 4,820.26m2

 - 14th floor above the ground for R&D   Tower 2,138.54m2
    
	
Down Payment
    	
 
    	
KRW1,304,872,100
    	
 
    	
KRW1,247,262,550
    
	
Monthly Rent
    	
 
    	
KRW104,389,760   (excluding VAT)
   (a 20% discount applied to the public price for year 2012)
    	
 
    	
KRW99,781,000   (excluding VAT)
    (a 20%   discount applied to the public price for year 2013)
    
	
Monthly Maintenance Charge
    	
 
    	
KRW73,947,880   (excluding VAT)
    	
 
    	
KRW70,683,120   (excluding VAT)
    
	
Parking
    	
 
    	
Free Parking:   62 cars
   Paid Parking: 44 cars
    	
 
    	
Free Parking:   59 cars
   Paid Parking: 43 cars
    


 

(2) Lease Agreement (General Conditions)

 

	
Classification
    	
 
    	
Before Amendment
    	
 
    	
After Amendment
    
	
Article 1  (Description of Premises)
    	
 
    	
(1) The Lessor leases   the premises below to the Lessee and the Lessee leases the premises below   from the Lessor;

Description of   Premises

Nuritkum Square   Business Tower & R&D Tower, 396 World Cup buk-ro (Sangam-dong),   Mapo-gu, Seoul, Korea

Office:   10,270.54m2

(including Public   Area, building efficiency ratio of 50%)

 - 15th floor above the ground for Business Tower:   2,858.30m2

 - 15th floor above the ground for R&D Tower:   4,820.26m2

 - 14th floor above the ground for R&D Tower:   2,591.98m2
    	
 
    	
(1) The Lessor leases   the premises below to the Lessee and the Lessee leases the premises below   from the Lessor;

Description of   Premises

Nuritkum Square   Business Tower & R&D Tower, 396 World Cup buk-ro (Sangam-dong),   Mapo-gu, Seoul, Korea

Office:   9,817.10m2

(including Public   Area, building efficiency ratio of 50%)

 - 15th floor above the ground for Business Tower:   2,858.30m2

 - 15th floor above the ground for R&D Tower:   4,820.26m2

 - 14th floor above the ground for R&D Tower:   2,138.54m2
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
Article 4  (Security Deposit)
    	
 
    	
(1) The Lessee shall   determine the security deposit for the premises described above as follows   and deposit the security deposit KRW1,304,872,100 without any interest   during the period of lease:
    	
 
    	
(1) The Lessee shall   determine the security deposit for the premises described above as follows   and deposit the security deposit KRW1,247,262,550 without any interest   during the period of lease:
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Classification
    	
 
    	
Amount(W)
    	
 
    	
Payday
    	
 
    	
Classification
    	
 
    	
Amount (W)
    	
 
    	
Payday
    
	
 
    	
 
    	
Original   amount
    	
 
    	
1,304,872,100
    	
 
    	
Paid
    	
 
    	
Down Payment
    	
 
    	
1,247,262,550
    	
 
    	
Paid
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
Payment made
    	
 
    	
-57,609,550
    	
 
    	
To be refunded after   the amendment agreement being effected
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
Total
    	
 
    	
1,304,872,100
    	
 
    	
 
    


 











 

	
Classification
    	
 
    	
Before Amendment
    	
 
    	
After Amendment
    
	
Article 5  (Rent)
    	
 
    	
(2) The Lessee shall   pay the monthly rent of KRW104,389,760 (excluding VAT) in cash through   the bank designated by the Lessor on the 15th day of each month (if the 15th day falls on holidays, on the next business   day).
    	
 
    	
(2) The Lessee shall   pay the monthly rent of KRW99,781,000 (excluding VAT) in cash through   the bank designated by the Lessor on the 15th day of each month (if the 15th day falls on holidays, on the next business   day).
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
Article 6  (Maintenance Charge)
    	
 
    	
(1) The Lessee shall   pay the monthly maintenance charge of KRW73,947,880 (excluding VAT) in   cash through the bank designated by the Lessor on the 15th day of each month(if the 15th day falls on holidays, on the next business   day).
    	
 
    	
(1) The Lessee shall   pay the monthly maintenance charge of KRW70,683,120 (excluding VAT) in   cash through the bank designated by the Lessor on the 15th day of each month(if the 15th day falls on holidays, on the next business   day).
    


 

(3) Lease Agreement (Special Conditions)

 

	
Classification
    	
 
    	
Before Amendment
    	
 
    	
After Amendment
    
	
Article 1  (Parking)
    	
 
    	
(1) The number of   cars subject to free parking are 62 cars and addition shall not be allowed.

(2) The number of   cars subject to paid parking are 44 cars. However, the number of additional   cars subject to paid parking may be adjusted through mutual consultation   according to the Lessor’s operational condition.

(3) Matters related   to parking shall comply with the regulations for parking control of Nuritkum   Square.
    	
 
    	
(1) The number of   cars subject to free parking are 59 cars and addition shall not be allowed.

(2) The number of   cars subject to paid parking are 43 cars. However, the number of additional   cars subject to paid parking may be adjusted through mutual consultation   according to the Lessor’s operational condition.

(3) No change
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
Article 2  (Penalty Resulting From   Early Termination)
    	
 
    	
In the event that the   agreement is terminated during the term of agreement at the Lessee’s request,   the Lessee shall pay to the Lessor the amount equivalent to the 20% discount   of the monthly rent already applied in cash in addition to the liquidated   damages in accordance with Article 26 (Termination of the Agreement   During the Agreement Term and the Liquidated Damages) paragraph (1) of “the   Lease Agreement (General Conditions).”.
    	
 
    	
No change
    


 

May 1, 2013

 

Lessor

Address: 79-2 Garak-dong, Songpa-gu, Seoul, Korea

Name of Company: National IT Industry Promotion Agency

Representative: Park, Soo Yong (seal)

 

Lessee

Address: Nuritkum Square Business Tower 15F, 396 World Cup buk-ro (Sangam-dong), Mapo-gu, Seoul, Korea

Name of Company: Gravity Co., Ltd.

Representative: Park, Hyun Chul (seal)