ZERO EMISSIONS NOOSA (ZEN) Inc. ALLIANCE AGREEMENT · Attachment 1_ZEN Inc Alliance Agreement 2026-2029

7.4        Nothing in this Agreement constitutes a standing offer, preferred supplier arrangement,
           panel appointment or commitment by Council to engage ZEN Inc for any future
           services.

8     PAYMENTS

8.1        How payments are to be made
      a)      Council shall pay the approved Funding to ZEN Inc by electronic transfer to a bank
              account (or accounts) as notified in writing to Council by ZEN Inc, with such bank
              accounts being in the name of ZEN Inc and such accounts being solely under the
              control of ZEN Inc;
      b)      Payments of the Funding will be made in half-yearly equal instalments in advance
              upon a receipt of a valid tax invoice from ZEN Inc dated on or after:
              i)     1 July for the first payment; and
              ii)    1 January for the second payment;
      c)      ZEN Inc will regularly review its Strategic Plan outlining the goals and objectives for
              ZEN Inc so that its purpose and objectives will be achieved;
      d)      ZEN Inc will deliver an Annual Operational Plan setting out the priority actions for
              the next financial year in order to achieve the goals and objectives of the Strategic
              Plan;
      e)      Council will assess the adequacy of the targets and KPIs that ZEN Inc outlines in
              the Annual Operational Plan against the alignment with the Climate Change
              Response Plan and other supporting plans where appropriate;
      f)      Payment of Funding for contribution to Operational Expenses for 2026/27 to the
              amount of $148,000 will be made in accordance with clause 8.1b) upon a receipt of
              a valid tax invoice from ZEN Inc; and
      g)      Payments beyond 2026/2027 are subject to future Council approval through the
              annual budget process.

8.2        Payments are subject to GST where applicable having regard to the type of
           transaction under Australian Taxation legislation.

8.3        Before ZEN Inc commits to any purchase, contract, undertaking or activity that has
           financial commitments beyond the period of approved Funding and for which
           purchase, contract, undertaking or activity ZEN Inc will require Council Funding, ZEN
           Inc must apply for and obtain approval from Council prior to ZEN Inc making the
           commitment.

8.4        Right to suspend Funding
           a) Without limiting Council's rights at law or otherwise under this Agreement, if after
              requesting ZEN Inc to Show Cause in accordance with clause 14.1, Council is
              satisfied that:

                i) ZEN Inc does not have the capacity to manage the Funding; or
                ii) ZEN Inc does not have the capacity to perform the program in line with its
                     Strategic or Annual Operational Plan; or
                iii) Council is unable to provide the Funding due to any legal impediment, then
                     the Council may at its sole discretion:




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