RFI - Attachment 2 - Coast2Bay - Cover Letter & MOU

Dated




Parties
 Coast2Bay            Coast2Bay Housing Group Ltd (ACN 127 308 856)

                      of Level 4, Tower 2 Kon Tiki Building, 55 Plaza parade, Maroochydore QLD 4558



 Eco Cottages         Eco Cottages Pty Ltd (ACN 124 625 458)

                      of 4 Jarrah St, Cooroy QLD, 4563




Background
A       Coast2Bay and Eco Cottages intend to collaborate to provide an affordable and/or community
        housing solution for a development project in Cooroy (the Project) and to ensure effective
        coordination to implement the Proposed Initiative based on the Key Terms.

B       The parties record their agreement in this document.


Agreed terms

1       Definitions and interpretation

1.1     Definitions

        In this document:

         Term                                   Definition
         Associates                             means, in relation to a party:
                                                (a)      a Related Body Corporate of the party;
                                                (b)      a director of the party and any spouse of a
                                                         director of the party; and
                                                (c)      any entity Controlled by a person referred to in
                                                         paragraph (a) or (b).
         Business Day                           means a day that is not a Saturday, Sunday or public
                                                holiday in the place where an act is to be performed,
                                                notice received or a payment is to be made.




DRAFT – NOT FOR EXECUTION                                                                         Page 4 of 13