EX-10.14
EX-10.14
Exhibit 10.14
English Translation
Lien Asset Transfer Agreement
This Lien Asset Transfer Agreement (the “Agreement”) is entered into on December 28, 2024, by and between Hanryu Bank Co., Ltd. (hereinafter referred to as the “Transferor”) and Global Interactive Technologies, Inc. (formerly known as Hanryu Holdings, Inc.; hereinafter referred to as the “Transferee”), as follows:
The parties hereby enter into this Agreement regarding the transfer of lien assets granting the right to occupy and use, free of charge, the 2nd through 4th floors of the Seoul Marina Building.
**Article
- Transfer of Lien Assets**
Under the terms and conditions set forth herein, the Transferor agrees to transfer to the Transferee all rights and interests in the lien asset (hereinafter referred to as the “Transferred Asset”) that the Transferor acquired on July 6, 2021 from Sewang Co., Ltd., consisting of the right to occupy and use, free of charge, the Seoul Marina Building located at 160 Yeouiseo-ro, Yeongdeungpo-gu, Seoul.
Article 2. Transfer Price and Payment Method
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