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Meeting papers

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Page 79 of 86

Level 5 57 The Esplanade   PO Box 796               wan *617 5478 3788
  Cotton Tree QLD 4558       Cotton Tree QLD 4558     ray = - #81 7 5443 5982                a
                                y Cott  n             ema    hael poikinghome@colhers c              :   rn
                             www colliers com au          michael  iINnghome@colhers com    a olliers

20.        Town planning                  The lessee acknowledges it is satisfied as to the suitability of the
                                          premises and, in all respects, of the use and business which may be
                                          carried on from the premises and the lessor makes no warranty in
                                          respect to such matters.
                                          Subject to lessor’s written approval

 22)       Direct charges                 The lessee will pay for electricity assessed directly against the
                                          tenancy, cleaning and other costs, if applicable.
 23.       Make good                      The lessee, prior to lease expiry, is to reinstate the premises to a
                                          open building configuration and make good all fixtures, walls,
                                          ceilings and floor surfaces to condition as at the date of the
                                          commencement of the lease.
24,        Insurance                      The lessee is to provide a certificate of currency of insurance which
                                          includes the following:
                                          1.     Current public liability at $20,000,000 per occurrence;
                                          2;     Business insurance for permitted use;
                                         3:      Industrial special risk (if required);
                                         4.      Plant and chattels owned by the lessee;
                                         5:      Workers     compensation      and    any    other   statutory
                                                 insurances as required.
                                          The lessor is to be noted as an interested party on the insurance
                                          policy.
 25.       Car parking                    The staff and customers of the lessee will have access to the
                                          common car parking area on a non-exclusive basis.
26.        Legal costs                    Each party will pay their own costs of and incidental to preparation
                                          and negotiation of lease and any other documentation required
                                          regarding the lease.
 27.      Confidentiality                 The terms of this proposal and any subsequent lease are to remain
                                          confidential between the parties.
 28.       Council rules                  The lessee agrees to abide by the standard Council rules regarding:
                                         I.      Maintaining a post office box;
                                          2      No alcohol or gambling on the premises;
                                          3.     Maintaining a smoke free environment.
 29:       Lessor’s approval              This offer constitutes an invitation only and does not create a legal
                                          or enforceable agreement or lease between the parties. Further, this
                                          offer is subject to final approval and written consent by the lessor
                                          and execution of the lease documents by all the parties on terms
                                          satisfactory to all parties.
           Special conditions             Not applicable

                                                                                                                  Page 79 of 86
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