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                        MEMORANDUM OF UNDERSTANDING




 This Memorandum of Understanding shall commence on xxxxxxx 2023, for an initial period of two
 (2) years.

 BETWEEN

 Gympie Regional Council ‘GRC’ (ABN: 91 269 530 353) of 2 Caledonian Hill, Gympie, QLD, 4570
 - AND -
 Noosa Shire Council ‘NSC’ (ABN: 97 969 214 121) of 9 Pelican Street, Tewantin, QLD, 4565

 Individually a Party and together the Parties.


 PURPOSE
      1) This Memorandum of Understanding (MOU) outlines the intentions of the Parties to identify
         partnered opportunities under the principles of shared understanding, community benefit,
         common interest and goals and mutually beneficial activities. The terms in this MOU are not
         exhaustive and are not intended to be legally binding between the Parties.
      2) Representatives from each Party will participate to identify and validate proposals for the
         establishment of partnered opportunities between the Parties, including but not limited to:
               a. Regional waste initiatives and arrangements,
               b. Other regional initiatives and arrangements deemed mutually beneficial.
      3) The nominated Executive Sponsors from each Council will participate on a Steering
         Committee to provide strategic direction, guidance and decision making in relation to the
         MOU and subsequent projects/initiatives.

 1. DURATION OF MOU

      1.1. This MOU shall commence upon the nominated commencement date and will continue for
           an initial period of two (2) years. The MOU will renew automatically unless otherwise
           terminated at the request of either or both Parties.

      1.2. This MOU may be modified at any time and through agreement by both Parties.

 2. GUIDING PRINCIPLES

      2.1. The Parties agree to the following principles:
           •   to work in partnership and in good faith;
           •   to communicate in an open and timely manner; and
           •   to act in an honest, ethical and transparent manner at all times.



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