FURTHER REPORT - TOURISM NOOSA FUNDING AND PERFORMANCE DEED 2026–2029 · Attachment 1 - 29-05-2026_TN Funding Deed_FINAL

         Agreed                       means the obligations and deliverables to be completed by TN
         Obligations                  under this Deed as set out in Schedule 1.


                                      means the annual performance outcomes report to be provided to
                                      Council by TN on or before 31 July each year during the Term
                                      (and any Further Term as applicable):

                                          i)      demonstrating the extent to which all obligations in
                                                  this Deed, including compliance with and
                                                  achievement of the Agreed Obligations in Schedule 1
                                                  and KPIs in Schedule 2, the status of those
                                                  obligations and funds committed to each;

                                          ii)     a concise annual summary covering service delivery
                                                  against brand, industry, sustainability and community
                                                  indicators;
         Annual Outcome
                                          iii)    an update on the transition progress described in the
         Report
                                                  Roadmap, which maps the evolution of TN’s
                                                  organisational structure and strategic focus;

                                          iv)     update on achievements against TN’s updated
                                                  strategic plan aligned with DMP;

                                          v)      providing draft and/ or final financial statements and
                                                  details of any alternative revenue stream(s) received
                                                  during that year; and

                                          vi)     any other documents, statements or other material
                                                  reasonably required by Council to ascertain TN’s
                                                  performance and compliance with obligations under
                                                  this Deed and the application of the Funding.


                                      means the distinctive features, values espoused and fostered,
         Brand
                                      that identify Noosa as a destination.


                                      means any claim, demand, complaint, causes of action, cross-
                                      claim (and counterclaim), action, suits or proceeding, whether
         Claim
                                      present or contingent, known or unknown and which could be
                                      brought now or in the future including interest and costs.


                                      means any information, which is not in the public domain, which a
         Confidential
                                      Party makes available to the other Party (or that Party's officers,
         Information
                                      employees or agents).




Tourism Noosa Funding Deed, 2026-29                                                              Page 2