SETTLEMENT ANn RELEASE AGREEMENT 

This Settlement and Release Agreement ("Agreement") is made as of this l_ ~ day of 

february, 20 12. by, hctween, and among the fo llowing undersigned Panics: 

The claimant l·cderal Deposit Insurance Corporation, in its capacity as receiver of' \1irac 

Bank ("'FDIC"); 

The fo llowing fonm:r direc tors and/or of!iccrs of Mirae Bank and/or \t1irae 13ancorp, Inc.: 

Kwang Soon Park, Choon Taik Lim, Duk lice Cho. Chase Rhcc, Theodore Yoon, Jong Tack 

l.im, Soon Irn Kim, f'v1oon Key 1\am, Jay Kyong Kim, llcnri Lngsik Kim, Timothy Chang, 

Simon Chun aka .Joo Chan Chun, Kyoung Ae Roe, Gcun Sup Song and Steve Chung. 

("Individual Defendants"): 

Mirac Bancorp, Inc., a corporation organized and existing under the Iavis of California 

and a registered hank holding company (" I folding Company"): and 

Contint:ntal Cusualty Company, a C\IA company. Chicago, Illinois ('"Colllinental 

Casualty Company''). 

The Individual Dclcndanls, the llolding Company, and Continental Casualty Company, 

collecti vcly, shall br;; re ferred to herein as the "Settling Defendants." 

For purposc.:s of clarity, each individual person or entity listed above may he referred to 

herein as a '' Party''; or, if more than one, as "Parties". 

RECITALS 

WHEREAS: 

Prior to Junt: 26, 2009, Mirac Bank (''Bank") was a depository institution organized and 

existing under the lav.,:s ofCalifomia; 

On June 26, 2009, the Bank was closed by the California Department of Finam:ial 

Institutions ('·CDJT') and pursuant to 12 U.S.C. § 182l(c), the FDIC was appointed receiver. In 
accordance with 12lJ.S.C. § 1821(d), the FDIC as receiver succeeded to all rights, titles, powers 

and priv ileges of the Bank. including those with respect to its assets; 

Among the assets to which the FDIC as receiver succeeded were any and all or the 

Bank's claims. demands. and causes of actions against its former directors. officers and 

employees arising from t.hc performance. nonperformance and manner or perfunnancc of their 

respective functions. duties and acts as direcLOrs and/or ol1iccrs of the Bank; 

Also amo ng the assets to which the FDIC as receiver succeeded were any and all state 

and federal tax refunds that inured or belonged to the Bank by operation of law andior pursuunt 

to agreement with the I Iold ing Company; 

The FDIC has asserted claims against cerl<1in pcrsons, including the Individua l 

Deft!ndants, each or whom had st:rvcd at various timt:s as directors and/or officers or the Bank 

and/or the l lolding Company. The Individual Defendants have denied liability for the HHC's 

claims; 

The FDIC claims ownership of all state and federal tax. refunds arisi ng frorn losses 

incurred by the Bank, including any such refunds made payable to the I !olding Company. The 

FDIC has accord ingly obtai ned possession and contro l of certain l.<l x re funds. in the aggregate 

approximaH:! arnount ofS3.() million, for which it claims ownership as the Bank·s receiver (--Tax 

Refunds"). The I !olding Company has challenged the FD!Cs ownership of these Tax Refunds 

and is the named plai nti IT in a case cnc.aptioned Jfirae Hancorp v. Federal Deposit Insurance 

Corporation. "\.;o BC4 71')97 . currently pending in the Superior Court of the State of Californi a, 

County of Los Angeles ("Tax Refund Action" ); 

Continental Casualty Company issued directors' and o fficers' liability policy number 

(b)(4)~('' Policy''). which insured the d irectors and officers oflhe Bank according to the 

terms, provisions and conditions of the Pol icy. The Individual Defendants have made claims 

under the Policy: 

At a December 20, 2011 mediation before the llonorablc l.eo Wagner, memorialized in a 

signed S'ummary of Seulemenr dated December 20, 20 ll, the fDIC, the Individual Defendants, 

2 
Continental Casualty Company, the Holding Company, and the parties to two pending civil 

actions involving the Bank and the l lolding Company, agreed to a global settlement of claims 

("Global Settlement''). The instant Agreement resol ves the claims asserted by the 1-"DIC against 

the Indi vidual Dcfcmlants and the Holding Company, and provides lor mutual releases in 

accordance with the Global Scttlemt:nt: 

The undersigned Parties deem it in their ht:st interests to enter imo this Agreement to 

avoid the uncertainty, trouble, and t:xpcnsc or litigation; 

\"OW, THEREFORE, in consideration of the promises, undertakings, payments, and 

re.lea<;cs stated herein, along with those set forth in the signed Summary ofSeulernent dated 

December 20, 2011, the suiliciency of which consideration is hereby acknow"lcdged, the 

undersigned Parties agree, ead1 with the other, as follows: 

SECTION 1: l'aymcnt to FDIC 

/\. t\s essential covenants and conditions to this Agreement, the f(> llovving payments 

(in the aggregate, the "Settlement funds"). shall be made to the FDIC within 60 days of the 

execution of this Agreement: 

a. Contim:ntal Casualty Company shall pay to the .FDIC the sum of' $790,000, 

on behalf of the Individual Defendants, plus any remaining liabil ity limits or 

the Policy after payment of defense costs necessary to document and 

consumrnatc the Global Settlement~ 

b. K vvang Soon Park shall pay to the FDIC the sum of S 10,000: 

c. Choon Taik Lim, Duk Hec Cho, Chast: Rhcc, Theodore Yoon, llcnri lJngsik 

Kim, Soon !m Kim, Moon Key :\am, and Jay Kyong Kirn, jointly and 

severally, shall pay the FDIC the sum of 5>400,000 . 

B. The Settlement Funds shall be paid to the FDIC by either (I) direct wire transfer 

into an account designated by FDIC; or (2) by ccrtifit:d or cashier's check drawn upon a 

depository institution acceptable to fDJC. If the Senlcmcnt Funds are not delivered to the FDIC 

v-.'ithin 60 days of the execution of this Agreement, interest shall accrue on all unpaid amounts at 

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the rate of one year L.S. Treasury hills as repurtt:d in the Wall Street Journal at the end ofthe last 

quarter immediately preceding the date of this Agreement. 

C. In accordance with the Global Settlement, payment ofthe Settlement Funds shall 

be mmle at a closing to occur within 60 days fron1 the execution of this Agreement. /\t closing. 

all payments p ursuant to the Global Settlement shall he made simultaneously. No funds sha ll be: 

disbursed to any party to the Global Sdtlcrncnt. unless and until all funds necessary to 

consummate the entire G lobal Settlemt:nL as memorial ized in the Summary o(S"ettfement dated 

December 20. 20 II . have been provided and arc available for immedi ate disbursement. 

D. In addition, and without waiving any other rights that the FDIC may have, the 

FDIC sha ll have the ri ght to enfo rce this Agreement against any Party or Parties who tail tu 

deli vcr their share or the Sett.lcment Funds. Any decision by the J."J) IC: to extend the terms of this 

Agreement shall not constitute a waiver of or otherwise prejudice its rights or remedies under 

this i\.grccrncnt or applicable law. If judicial enforcement of any payment obligations hereunder 

becomes necessary, no payments may be rnadc pursuant to the (ilobal Sdtlcrnent until all 

Settlement f unds have been received, in accordance with Paragraph I.C. above. 

SECTION II: Stipulation and Dismissal 

lJ pon execution of this Agreement by each of the undersigned Parties, and payment of 

the Settlement funds, the I lolding Company sha ll dismiss the Tax Refund Action with prejudice. 

Each Party to the Tax Refund Action shall bear its uwn costs as these were originally incurred. 

SF:CTIO!\ Ill : Releases 

A R~J asc qf Individual Defendants J.?_y_.foDIC. 

Effective upon receipt in full of the Settlement funds plus any accrued interest described 

in SFCTI0\1 I above, and except as provided in PARAGRAPH JILl. below, the FDIC, for itself 

and its successors and assigns, hereby releases and discharges each of the Individual Defendants 

and their respective heirs, executors, administrators, represen ves~ successors and a<>signs, 

from any and all claims, demands, obliga tions, damages, actions, and causes o f action, d irec t or 

indirect, in law or in equity, belonging to the FDIC, that arise from or relate to, the performance, 

4 
nonperformance. or manner of performance of the Individual Defendants' respective functions, 

duties and actions as officers and/or directors of the Bank and/or the Holding Company or that 

arise frorn or relate to the Policy, as well as any all eged act or omission on the part of Jong Tack 

Lim, Simon Chun, Steve Chung. Timothy Chang, Kyo ung Ac Roc, Gcun Sup Song and their 

counsel Lurie & Park related to the rcpresemation and handling of the llolding Company 

including, but not limited to, the Tax Rl!fund Action . 

ll. Rclcas.9.. of FDIC bv the Indiyiduai Defendants. 

Effective simultaneously with the release granted in PARAGRAPH III./\. above. the 

Individual Defendants, on behalf of thcmscl vcs individually. and their respect ivc heirs, 

executors, administrators, agents, rcprcsentati vcs. successors and assigns, hcrcby release and 

discharge FDIC, and its employces. officers, directors. representatives, successors and assigns, 

from any and all claims. demands. obligations, damages. actions. and causes of action, direct or 

indirect in law or in equity. that arise hom or rclm.e to. the Bank, the I folding Company. or to 

the performance, nonperformance, or manner ofperlorrnance ofthc Individual Defendants' 

resrective fu nctions, duties and actions as officers and/or directors of the Hank and/or the 

I Io lding Company or that arise from or relate to the Policy. 

C. Release J:>y Settling Defendants of Each Other. 

Effective simultaneously with the releases granted in Paragraph Til. B. ahovc, the Settling 

Defendants, and their rcspecti ve heirs, executors. administrators. representatives, successors and 

assigns, hereby release and discharge each other from any <:md all claims, demands. obligations, 

damages. actions, and causes of action. direct or indirect, in law or in equity, that arise from or 

relate to the pcrformam:e. nonperformance, or manner of performance of their rcsrcctivc 

func tions, duties and actions as officers and/or directors of the Bank and/or the Holding 

Company. This provision is expressly contemplated to include any representation, past or 

present, by Lurie & Park of any of the Settling Defendants. In addition, the follo...,ving 

de fendants are expressly not releasing each other from pursuing each other for contri bution 

concerning the payment of $400,000.00 to the F.D.l.C. - Choon Taik Lim, Duk 1 lee Cho, Henri 

5 
lJngkik Kim. Soon lm Kim, Yloon Key 1\am, Theodore C. Yoon, Chase C. Rhee and Jay Kyo ng 

Kim, only. With regards to Simon Chun, Timothy Chang. Kyoung Ac Roc , Jong Taek Lim, 

Steve Chung. Geun Sup Song and Lurie & Park, any and all claims for contribution by any other 

Settling Defendant are expressly released as stated herein. 

D. Release of lloldin2. Companv by FDIC. 

Lffcctive upon final dismissal of the Tax Re fund Action, as provided in Section 11 ahove , 

the FDfC. for itself and its successors and assigns, hereby releases and discharges the llolding 

Company and its employees, officers, directors. agents, representatives, successors and assigns. 

from any and all claims, demands. obligations, damages, actions, and causes of action, direct or 

indirect. in law or in equity, belonging to the FDIC, that arise from or relate to any ta.x re funds 

that arc. or may come, into the possession, custody, or control ofthc 1 !olding Company. 

E. Relcasc_of FDIC by Holding ompanv. 

Effective upon dismissal of the Tax Refund Action hl:coming final, the lloiJing 

Company. for itself and its successors and assigns, hereby releases and discharges the FDIC and 

its employees. officers, directors, agents. representatives, successors and assigns, from any and 

all claims. demands, obligations, damages, actions, and causes of action, direct or indirect in law 

or in equity. belonging to the Holding Company, that arise from or relate to any tax refunds that 

arc. or may come, into the possession, custody·, or control ofthc FDIC. Final disrnissal of the 

Tax Refund Action shall constitute the I Iolding Company's acknowledgement, for itself and its 

successors. that the Tax Refunds constitute the sole property of the FD TC as recci vcr for M irac 

Hank. 

F. Release of Contincntgl Casual tv Company by FQIC 

Effective simultaneously with the releases granted in Paragraphs Ill./\. and IILB. above, 

the FDIC, for itself and its successors and assigns, hereby releases and discharges Continental 

Casualty Company, its parents, subsidiaries, aDiliatcs and reinsurers, and their respective 

employees, officers, directors. agents, representatives, successors and assigns, from any and all 

claims, demands, obligations, damages, actions and causes of action, direct or indirect, in law or 

6 
in equity, that arise from or rdate to the Policy. The FDIC agrees that any int~rest it may have 

under the Policy is extinguished. 

G. Rclca~e_QfContinental Casualtv Company_py Indiyi.Q_~.Jal Defendants. 

Effective sirnullancously with the releases granted in Paragraphs !!I.A. and lli.H. ahovc, 

the Individual Defendants, on he half of themselves individually, and their respccti ve heirs, 

executors, administrators. agents, representatives, successors and assigns, hereby release and 

discharge Continental Casualty Company, its parents, subsidiaries. affiliates and reinsurers, and 

their respective employees, officers. directors, agents, representatives, successors and assigns, 

from any <:md all claims, demands, obligations. damages. actions and causes of action. direct or 

indirect, in law or in equity, that arise fi·om or rdatt: to the Policy. The Individual Defendants 

agree that any interest they may have under the Policy is extinguished. 

H. Reb~se of FDIC hv Continental Cast!alty Compa!}_y, 

Effectin: simultaneously with the release granted in Paragraph Ill .F. above, Continental 

Casualty Company, for itself and its successors and assigns, and on behalf of its parents, 

subsidiaric:~, afti I iatcs and rt:insurcrs, and their successors and assigns, hereby rdeases and 

discharges FDIC. and its employt:cs. officers, directors, agents, representatives. successors and 

assigns, from any and all claims, demands, obligations, damages, actions, and causes of action, 

direct or indirect. in law or in equity. that arise from or relate to the Policy. 

I. Release of Indi:v..t9~tal Dc(cn<;i~_nts hv Continental Casual tv C:ompanv. 

Effective simultant!ously with the releases granted in Paragraph lll.G. above, Continental 

Casualty Company. for itsdf and its successors and assigns, and on behalf of its parents, 

subsidiaries, affi I iatcs, and reinsurers, and their successors and assigns, hereby releases and 

discharges each of the Individual Defendants, and their respective heirs, executors, 

administrators, agents, representatives, successors and assigns, from any and all claims, 

demands. obligations, damages, actions, and causes of action, direct or indirect, in law or in 

equity, that arise from or relate to the Policy. 

7 
J. Express R:cserv.?J.ions From Releases Bv FDIC_ ..

I. Not>vithstanding any other provision, hy this i\greerncnt the FDIC docs not 

release, and expressly preserves fully and to the same extent as if" the Agreement had not been 

executt:c.l, any claims or causes of u<.:tion: 

a. against the Settling Defendants or any other rcrson or entity for liability, if 

any, incurred as the maker, endorser or guarantor or any prornissory note or indebtedness 

payable or owed by them to FDIC. the Bank. other financial institutions. or any other person or 

entity. inc luding without limitation any daims acquired hy FDIC as successor in interest to the 

Bank or any person or entity other than Bank; 

above. 

h. against any person or entity not expressly released in this Agreement; and 

c. which are not expressly released in Paragraphs liLA. or !II.D. or !II. F. 

2. \otwithstanding any other provision, nothing in this Agreement shall he 

construed or interpreted as lim ng~ waiving. releasing or comrromising the jurisdiction and 

authority or th~ fDIC in the exercise of its supervisory or regulatory authority or to diminish its 

ahility to institute adw inistrativc cnforccmenl proceedings seeking removal, prohibition or any 

other administrati ve en lorccrnent action which may arise by operation of lav.,·, rule or regulation. 

3. ~otwithstanding any other provision, this Agreement docs not purport to 

·waive, or intend to waive, any claims which could be brought by the Lnitcd States through either 

the Department of Justice, the United States Attorney's Office for the Central District of 

California or any other federal judicial district. In addition, the FDIC specifically reserves tbe 

right to seck court ordered restitution pursuant to the relevant provisions of the Victim and 

Witness Protection Act, 18 U.S. C. § 3663, ct. seq., if appropriate. 

SI1:CriOI\ IV: Waiver of Divjdcnds 

To the extent. if any, that Settling Defendants arc or were shareholders of" the J3ank and 

hy virtue thereof' arc or may have been entitled to a dividend, payment, or other prurata 

distribution upon resolution of the receivership of the Bank, they hereby knowingly assign to the 

8 
FDIC any and all rights, titles and interest in and to any· and all such dividends, payments or 

other pro rata distributions. 

SECTIO.'I V: Representations and Acknowledgements 

A. 1\o_Admission uri .iability. The undersigned Parties each acknowledge and agree 

that the mailers set fon h in this Agreement constitute the settlement and compromise of disputed 

claims. and that this Agreement is not an admission or evidence of liability by any ofthcrn 

regarding any daim. 

B. l:::xecution in C_ounterm1rts. This Agreerncnt rnay he executed in counterparts by 

one or more of the Parties named herein and all such counterparts when so executed shall 

together constitute the final Agreement. as if om:: document had been signed by a ll Parties hereto; 

and each such counterpart, upon execution and dt.:livery, shall be deemed a complete original, 

binding the Party or Parties subscribed thereto upon the execution by all Parties to this 

Agreement. 

C Binding Effect. Each of the undersigned persons represents and wurrants that 

they arc a Party hereto or arc authorized to sign this Agreement on beha lf of the rcspecti ve Party, 

and that they have lbe fl1l l power and authority to bind such Party to each and eve ry provision of 

this Agreement This Agreement shall he binding upon and inure to the benefit of the 

undersigned Parties and their respective heirs, executors, administrators, representatives, 

successors and assigns. 

D. Chg_ice of I ,aw. This Agrt:crnent shall be interpreted, construed and enforced 

accord ing to applicable federal law, or in its absence, the laws of the State of California. 

E. Entire [.\gr_cemcnt and /\men9.!J'lCnt . This Agreement constitutes the entire 

agret::ment and understanding between and among the undersigned Parties concerning the matters 

set forth herein. This Agreement rnay not he amended or modified except by another written 

instrument signed by the Party or Parties to be bound thereby, or by their rcspt:ctive hor ~cd 

attorncy(s) or other represcntative(s). 
F. Rcasonabl~ .. Cooperation. 

I. The undersigned Parties agree to cooperate in good faith to eff~ctuate all the 

terms and conditions of this Agreement and to otherwise pcrf()rm the terms of this 1\grcemt:nt. 

2. Further, the IndividuCll Defendants agree to cooperate fully with the FDIC in 

connection with any action required under this i\gret:ment. Any such cooperation that involves 

any out of pocket costs is subject to reasonabk reimbursc..:mcnt by the FDIC pursuant to its 

internal guidelines and policy for such reimbursement. Such cooperation shall consist of: 

a. producing all dm:urncnts requested hy the FDIC, without the necessity 

of subpoena. as determined by the FDIC in its sole discretion, to he relevant to the Hank: 

b. making themselves available upon request hy the FDIC at reasonable 

times and places for interviews regarding facts, as determined hy the FDIC in its sole dis<.:rdion. 

to be relevant to the Bank; 

c. appearing to kstily, upon request by the FDIC in any matter 

determined by the l·DIC in its sole discretion. to be related to the Bank, without the necessity of 

subpoena: 

d. signing truthful attidavits upon request by the FDIC, rt!gCJrding any 

matter, as dcterrnincd by the FDIC in its sole discretion, to be relevant to tht: Bank, unless such 

afiidavit coL1ld subject the maker to self-incrimination. 

10 
I!. Advice of (~ oun~d Each Party hereby acknowledges that it has consulted with 

ami obtained the advice of counsd prior to executing this /\grecmem. and that this 

;\grecmcnt has been explained to that Party by his or her counsel. 

I \I WIT\IESS WIILREOF, the Parties hereto have caused this Agreement to he executed 

by each of them or their duly authorized representatives on the d::ttes hereinafter subscribed. 

FEDERAL DLPOSIT 1\ISlJRi\l\CE CORPORATION 

(b )(6 ) .............................. t)arcd~february ; .... 2·ot·2 .. _ l3Yj'-...... _ _ ........ _ ....... ........ _ _ ........ _ .. -·_ ....... ________ ...J 

T.ITI.E: c,ov,v(" ~, rLJIC 

PRI\IT NAVIE: 1/or...v-.#OY"f/ /1. ~~~./, 

CONlfl\El'\T.I\1. CASLAI.TY COMP.I\~Y 

Dated: February . 2012 BY 

TrTI .F: 

PRII\T 1\AME: 

Dated: February . , 20 12 MIR/\E BANCORP 

by __ ,. 

TITLE: 

PRINT 1'\/\MI·:: 

I I 
Dated: February , 2012 

K wang Soon Park 

Dated: Ft:bruary _, 2012 

Choon Taik Lim 

Dated: february _ _ 201 2 

Duk Hee Cho 

Dated: Fchntary , 20 12 

I lcnri Ungsik Kim 

D<1 h.:d: h.:bruary _, 201 2 

Soon Im Kim 

Dated: February _ 2012 

Jong Tack I .im 

Dated: February _ _ 201 2 

Vloon Key t\am 

Dated : February ___ , 2012 

Theodore C. Y oon 

Dated: February _ , 2012 

Chase C _ Rhee 

12 
Dated: February . , 2012 

Jay Kyong Kim 

Dated: february -·-' 2012 

Gt::un Sup Song 

Dated: February ...... ' 2012 

Timothy Chang 

Dated: Fcbmarv J-.2012 

Simon Chun aka Joo Chan Chun 

Dalt::d: f t:bruary --·' 2012 

Kyoung Ae Roe 

Dated: F cbruary . 20 12 

Steve Chung 

13 
H. Ad~j~~.P.f.Co.1JnScl. Each Party hereby acknowledges thai it has consulted with 

and ohtaincd the advict.: of counsel prior to executing this Agreement, and rhat this 

Agrcemt:nt tws bcL:n t:xptaincd to tlmt Parry :.,y his or her counsel. 

N WITNESS WHEREOF, the Parties hereto have caused thi:; Agreement to be executed 

by each of them or rhcir duly authorized rcprcst.:n!ativcs on the dates bc::reinaftcr s~bscribcd. 

Dated: Febmary _, 2012 

FEDERAL DEPOSIT INSLRANCE CORPORATION 

TlTLE: C..,P'-'~Vf"~L 1 ;C~IC 

PRI;-.;TNAME: f!,:n • .,.,..#OY~/1. ~~~,;, 

CONTINENTAL CASUALTY COMPA~Y 

MIRA.E BANCORP 

by-·-··· ·--·--····-· ··-.-----· ··-----

TlTI.E: 

PRINT NAME: 

II 
H. Advice of.Co!J_!!seL Each Party h~reby acknowledge~ that it has consulted with 

and ob1aincd the adv;cc of counsel prior to CX(;l:Uting this Agreement, and that this 

1\gn.:,.:ruent has be~n t:.xplained to th~:~t Pany by }:is or her counsel. 

l\1 WITNESS WHEREOF, the Parties hereto have caused :his Agreement to he executed 

by ca.-!J of thern or their duly authorized rcprcscntativG$ on rhc dares hereinafter subscribed. 

FEDERAL DEPOSIT 1\/SURANCE CORPOR.:\ TlON 

(b)(6) Uat<::a:ETiriiary}_;20T2 BYLI_· ___________ J---

TITLE: C,t:H-',V('~I_/ ;t:"IC 

PRTNT NAME: 1/t?~,..,f? /1. j:::../.::;,;, 

CONTINENTAL CASLAI.TY COMPANY 

Da~t:d: h:hruary_, 20! 2 BY -----..... _.. ....... --..---...-·-.. .......... _.. ....... _. __________ _ TlTI.E. 

PRINTNAMI:: 

Dated: February K., 2012 MIRAE HANCORP 

II 
(b )(6) 

K wang Soon .?ark 

Dated: febn.mry 1 20 I/. - ·--···- - ·---- - ·--

Chuon Taik Lir:1 

Dated: february -·' 20 12 

Dnk Hcc Cho 

Dated: r cbruary - I 2012 ·-- - --· . . ·---··- · --

Henri l Jngsik Kim 

Dutr;:d :~·ebruary .. • 20 12 

Seem lm Kim 

.Ja:ecl: February ·-··' 2012 ·-- --- ··· --·--

~er.g Tack Lim 

Dated: Fcbrua~y _ , 2012 ·---- -·· -· ···----

.Moon Key Nam 

Dated: ?eb:uary . ·' 2012 

Theodore C. Yoon 

Dated: February . ··' 2012 

Chase C. Rhee 

l l 
Dated: Febmary -J 2012 

K wang Soon Park 

(b )(6) ·············-···----···--··- .... -........... ~····· ··-. : ' 

Dated: Fcb:-tta:y ·H··' 20:7. 

Dated: fcb:-t.HHY _. , 2012 

Duk I lee Chu 

Dated: February __ , 20 !2 -----····-··· .... .. ···-----· 

I knri {;ngsik Kim 

Dated: February _ , 2012 ----- ·-· ·----·--

Soo:1 h:1 Kim 

Dated: Feb;·uary _ , 2012 

Jong Taek Lim 

Datt:l.l: Fchrua ry --·· 2012 ---·---·-- -···----

Moon KeyNam 

Di!lec!: Fchruary _ , 2012 

Theodore C. Y oon 

Dated: February _ , 201/. --- -. ·-----.. --- - -- Chase C. Rhce 

12 
Dated: February _ . 201 2 ---··--··-···· 

K wang Soon Park 

Dated: Ft:bm(:ry , 2012 

Choon Taik Lim 

(b)(6) 

Dat!:d: Fchn:ary 3. 20 12 

Duk He.: Cho 

Dated: February ... . 201 2 

llcnri l.'ngsik Kim 

Daled: Fe br.wrv . 20 12 ' -

Soon Irn Kim 

Dated: f ebruary . :!0 J 2 

.Jnng Tack Lim 

Dat:!d: f~bruary _ . 201:?. 

Moon Key \lam 

D:ltt!d: f.ebruury __ , 20l2 

Theodore C. Y oon 

Dated: f~bruary _ ·-' 2012 --······~··· ------.-·--

Chase C. Rhcc 

1?. 
Dated: f-ebruary - ·' 20:~ 

K wang Soon Pl:lrk. 

Choon Taik Lim 

Dated: h;br·..;ary _ , 2.0 12 

Duk Hec Cho 

(b)(6)_ I · Du!ed~cbr>.w.ry Q. 201;-----······-------

Henri Ur.g~ 

Dated: Fcb~uarv . 20 ~ J - -

Soon 1m Kim 

Dated : Fcbrnary -·-·' 2012 

Jong Tack Lim 

Dared: rebrc!ary __ , 201 2 

Moon Key Nam 

Dated: Fcbru<:ry _, 2012 

Theodore C. Yoon 

(b)(6) 

Dated: February f, 20 12 

Chase C. Rhee 

12 
I l:tk I k<.! ('h, , 

(b)(6)_ - ;;;;;;;; ;;;;;,;:;;; ~- IL··_············ _ _·······_·······_······....... _ _ ....... _ ....... _______ ___,J 

S, ,, ·.n !11 L Kiin 

fl:.utd: h:hr11ar; . 201 2 

I:: 
Dated: Fehn.1ary ··' 2012 

K wang Soon <.~ rk 

Dalt~d : February ____ , ?.01? 

Choon Taik I .im 

Datcd: h ;bruary , 20 r 2 

Duk Hce ( :ho 

Dated: :; br~lat")' . 20 ; 2 

Henri Ungsik Ki m 

Dall.:c.l: Febmary , 20 12 

Soon Irn Kim 

(b) ( 6) ············································,·• Jt•" . ·················.··· ~ ··~:~ ··············ll ·········'!········ ·:~ ·_·········-·· ··············./.. ~-· ................................................................................. ! .................................................... ,_,_,,, ........................ . 

~------------------------~ Jong Tack Lim 

Dated: Fchruary ___ , :'01 ?. ·----·-··· ..... -· ·--- . ·- ... 

Moon Key :--lam 

Dated: I'~::bruary - · , 20 l/. 

Theodore C. Y oon 

DateJ: February , 2012 

Chase C. Rhcc 

12 
Dared: Fcbnli..lry _. 2012 

Dal~~d: February_, 2012 

Dated: h: bn:ary --·. 20 I 2 

Dared; fcb~uary _.2012 

Dated: Februnry _ .. • 2012 

Datt:d: Feb~ua:-y ___ . 20!2 

Ddted; Feb:-u.try -·"' 2012 

Dated: February __ ., 2022 

-----·------

K wang Soon Park 

--------..... ------

Dnk Hcc Cho 

-----··-··- ---

Soon 1m Kim 

i·. · r ,..,. 1 h..(" .. 1.\.•.. ' 

....._---~-~-·••o,......Jm••l••••••••••••••••(p)('?.) 

N Cll n !(l y A_r~.l'l N6 Jr. . hi~: o.ii c I n f. y 

\\1 f (i( { . 

Moon Key N:.~m 

Th~mlon: C. Yoon 

------· ---------·--· 

Chas~ C. !<.hL·c 

12 
.. -··- --... -~ ..... - . ·-···-··· ·--·---· .. .. 

H.I::COHDING HEQUESTEn IIY: 

Order No . 

~~row No. 

Parcel Nu. 

,\MY NAI\'1 

3030 W. gru STREET, ff200 

LOS ANGELES, CA 90005 

POWER OF ATTORNEY- GENERAL 

BY THIS POWER OF ATTOR..~ Y, Chris Moon Key .~a en of the County of Los Angeles, St:~l c nf Cnliforn in 

do(;s appo ~ Amy Nam ttu~ and lawful womey(s). 

In pzin:ipai's name, <1t1ci for p~incip al' s usc nnd bcnc~it, said <.~Hom~y(s) is/are authori:t.:d herehy: 

( l J to denJ.;lt:d. st::! for, collect, am.l n:ce:v(~ all moJ;.cy, debts, accounts, legacies, quesL~. inren: s, dividends ad 

arumiti<!s, nnd demands as iln: now or shall hcrealkr becon:c due, payable, or bc ongir~ E to prir.cipal, and to 

take all lawflll means, for the recovery thm;of anc tc com?romisc t!-.c same: 

(2i to buy and sell !nnd, m:1kc cont::-ac ts of every kind relalivc to land, <Jny interest thr.rcitl or 1he possessiou thereof. 

and to take pos.~~:s sion and exercise control ova the usc thereDf; 

(3j to buy, sell, convey, morte<Jac, hypotltecalt', assign, tran er, and in any manner deal with Red Propr.rry, good;;, 

wares, and merchandise, chases in action, ccrtiftc;tlcs or share:; of capital ~: ck. and other propcny 111 

posscssio:1 or in action, ilml to make, do, and tr;~nr.a t an ;u:\! evc~y kine! of business ofwh~tc,·cr nattl!t-; 

(4) To cxccut;:, ad:nowlcdg<.: and deliver contracts of ~ale, csctow in~::uc !ions, deeds, !cases including leases rc:r 

:1tinc:r;tl and hydrocurbon substi.ln:::cs a:-td assigrunc:n:s of leases. covc.r;ants, agreements and assignnwnts of 

agreements, rtg~:gcs and assignments of mortgages, com·cyat:ccs in tmst to s~;curc indcbtcdn.:ss nr other 

obligations. and assign the beneficial int:!res1 thereunder. uhordi ation~: of liens or cncumhrn:J.:C5, hill~ of 

lading, bills. bond~, note.~, rcrcipts, cvic.lcnccs of clcht, releases .::.nd sutisfiLl'tiollS of r:1ortgagcs. n:yuests to 

reconvey d~ecl s of !n1st, partial or full, judgments, and other debts, and olh<:r in&lrumcnls in writit:g of whatever 

kind and nature, all upon su;;h e-r m.~ and condit ion~ and under such co\'cnants us saiJ attorncy(s) sh::>Il approve. 

GIVING ,\.!'\10 GHANTll'\(; to sa id attorncy(s) full power and authority to do all ar.d eYcry ac t and U1ing 

h~tsoevcx requisite and necessary robe clone ;ela!iYe to any of the fo:cgoin_g as fully to all intents <Jnd ptirposes ?.S 

principal r.~ight or could do if personal!y pn.:~cnt. 
~-Chris ;\loon Key 

--:- NRm ~~ 

STATE Of CALIFORJ\IA } 

1 '"'--- ,A 1\?llllr,.__ 

1

JS.S . COl: NTY OF _\...AC)-'------'-fJ.-\--'-,-'IJ-tr~--=-~--=-- J_ 

On ~0- t\. )j, dO\}:_,b<i<><omo, k__lk• ~lt\, _Ao¥.('}_/Q_.\?L._(._· __ personally appcan:d Chris ,\-1oon Key ~<, m who proved to n:c on the basis off.ntisf<tCtOJy cv lc~~o be th~: 

p~~rson~ whos:: na mc-~arc sub~cr ibcJ to the w~thi1_1 instrument an~~~O~IIc<!gt:d to me tha~h~!rh..:y 

cx.ect:t~ the same rn~!])cr/thc: Jr a•.:thor:z.ed capac•ty(~rand tl:at b): ~ilr rtthe11 srgmtun:(s) on the Jll$trumwt 

th.:! j)C rson(s)._~r thr. enti:y upon behalf of wilich th ~ person(§) actetl, ex~cuted the in:>tru;ncnt. 

I ;;e~tify under PENALTY OF PERJURY under the iaws oft.h:: State ofC2lifomiil that e forcgoiog pawgmph is 

true anc correct. 

(b )(6)_ -.-.-:=:::::-t--- S\gnaturc __ ~----~---------J 

(Sen!) 
Dated: february -·--·' 2012 

K wang Soon Park 

Dated: Fcbn:ary .. , 2012 --- - -- -- ·· ·--

Choon Taik Lim 

Dated Fr.:bn~ary ··--' 20 12 

Duk Hee Cho 

Dated: February_, 2012 - ----- ·--- --- - --

Henri Ungsik Kim 

Datt:d: February _ . 20:2 

Soon Im Kirr. 

Dated: Feb ~mry .. ·' 2012 - -. ·-- -

Jong Taek Lim 

Dated: F:.:braary _, 20 12 

(b)(6)__ 

--------------- --------

Dated: Febn:ary .2., 2012 

Thcodott' C. Yoon /' 

Dated: h:bruary . ·' 20 12 

Chase C. Rhee 

12 
Dated: February _ , 2012 

Kwang Soon Park 

Dalcd: February .. ··' 20 12 

Choor. Taik Lim 

Dated: F\: bmary _, 2012 

Duk Het: Cho 

Du:cd: Fehruary ...... ' 2012 . ........ -· ----·~··- . ... -- -- .. - -..... 

Henri Ungs:k Kim 

Dated: Februa::y _ . 20 12 ----........ ........... --,..-·- ·- ··- ···-····- --

Soon lm Kim 

Dc;Le::d fe hruary _, 20 12 

Jong Taek Lir.1 

Moon KeyNam 

Dc:ted: February ___ , 20 l2 -------·· --· ·· ·-- --·--- -... ·- ........ 

Theodore C. Yoo;1 

(b)(6) ...................................... 

Chase C. Rhcc 

12 
) 

(b)(6) ........................................ . ................................................................................. 1 .......................................... 

Dated: Fcbruary 20 2 L-------------------------_J 

Jay Kyong Kim 

Dated: Fcb~u2 y _ .. 20 12 - --- - - - - --·--·-----

Gcun Su;:> Song 

Dated: February .. . • 2012 

Timothy Chang 

Dated: .Febmury _, ?.0 12 - ---- - ·- ----- • " ·----

Simon Chun aka Joo Chan Cht:I~ 

Dated: february . , 20 I 2. 

Kyoung Ae Roe 

Dn~ed : February_, 2012 

Steve Chung 

13 
Dated: February . 101 2 

Jay Kyong Kim 

(b)(6)....................................... ... I 

Dated: Fd >1 uary ·:·:·:····: ·o···l·:z· ..... ·································································· ~.. ······ ······································· ···· -------------~ 

Tlnwthy Chant:, 

Dared: Fe:,ru:n y ·-·· . :lOP 

Simon Chun aka Joo Chan Chun 

I h:cd: Fcbruar; . ?.0 I~ 
Dated: F~bru ary .. , 2012 

Jay Kyoog Kim 

Dated: J\;brumy , 2012 

(ieuu Sup Song 

Dated : h :bruary 

··················································································! . ............................................................................................. . 

' 2~)12 

~--------------------------~ 

(b)(6) ......................................................................................... 

Ti111othy Cha:1g 

I ) a ted : ~Jruary ... , 20 12. 

Simon Chlln ab Joo Chan Chu11 

Dated: February . 2012 

Kyoung 1\.c Roe 

Dated : February -· , :?.0 12 

Steve Chung 

IJ 
Dated: february .. , 2012 ·-------------

Jay Kyong Kim 

Dalcd: February , 20 12 

Cieun Sup Song 

Dated: Fc.:hruary , 2012 

Timothy C:,ang 

(b)(6) 

I >a ted: February 2__. 20 12 

............... IL....--_ ............................. ............................ _ _ _____. 

Simon Chun aka Joo Chan Clllln 

Dated: fehn:ary _. 2012 

Kyoung !\c Roe 

Dated: February. , 20 J 2 

Steve Chung 

13 
Dated: Fchruary , 201 2 

Jay Kyo.ng Kim 

Dated: February ___ , 20 I 2 

Gctu• Snp ~ong 

Dated: February , 2012 

Tin10thy Chang 

Dated: February __ . 20J/. 

Simon Chun aka Joo Chan Chun 

Kyoung Ac Roc 

Datt.:J: Fehruary __ _ , 20 12 

.Steve Chung 

J:l 
02/08/ 2012 10.05 818 3S8 S1 RQ CH UNG BP. OS CORP 11 ~95 p 1)03/ 003 

Dated: February_, 2012 - - - - - - ·-·-·- ·· ~--

Jay Kyong Kim 

Dated: F~bruary _ , 2012 ---···- - - ... - ---·· .... -

Geun Sup Song 

Dated: f ebmary _, 2012 ··----·· ~-

Timothy Chang . 

Dated: February _ , 2012 -- -~-·-··-----·

Simon Chun ~ Joo Chan Chun 

Dated: February _ , 20)7. 

Kyoung A-.:, Roe 

Steve Chung 

13