MCU14/0082 - Deed of Licence

                (a)      commits a breach of an Essential Term of the Licence; and

                (b)      fails to remedy that breach within 5 Business Days of notice requiring the other
                         party to remedy that breach or where the breach is not capable of remedy.
   10.2         Termination for breach

                Either party may terminate the Licence by giving Five (5) Business Days' notice to the
                other party if the other party:

                (a)     commits a breach of an a term of the Licence; and

                (b)     fails to remedy that breach within Five (5) Business Days of notice requiring the
                        other party to remedy that breach or where the breach is not capable of remedy.
  10.3         Termination for insolvency

            Either party may terminate the Licence immediately by notice to the other party if the other
            party:

            (a)         commits an act of insolvency;
            (b)         becomes subject to any form of external administration;
            (c)        enters into an arrangement with its creditors or otherwise takes advantage of any
                       laws in force in connection with insolvent debtors;
           (d)         is wound up, voluntarily or involuntarily; or
           (e)         is unable to pay its debts when due.
 10.4      INTENTIONALLY DELETED

 10.5      Termination for Destruction or Damage to Licensed Area and in Emergency

           (a)         If any part of the Licensed Area is destroyed or damaged to an extent which upon
                       a reasonably formed view materially inhibits the carrying on of the Permitted
                       Purpose on the Licensed Area either party may terminate the Licence immediately
                       by notice to the other party.

          (b)          If in emergencies, for reasons of safety or maintenance of the Land or for the
                      Water Operations, UNITYWATER should seek to permanently close the Licensed
                      Area, UNITYWATER may terminate the Licence immediately by notice to
                      LICENSEE.
10.6      After termination or expiration

          (a)         LICENSEE must, prior to the end of the Term or on termination, remove from the
                      Licensed Area all of LICENSEE's property and promptly make good the Licensed
                      Area to the condition they were in as at the Commencement Date and any damage
                      caused by the removal of LICENSEE's property.

          (b)         Following termination or expiration of the Licence, the parties agree that accrued
                      rights and remedies of a party will not be affected.
10.7     After termination pursuant to clause 10.5

         (a)          Upon receipt of a notice terminating the Licence pursuant to clause 10.5,
                      LICENSEE must: