11022015093450-0001 · 131999.982996.1

term’) from the expiration of the term hereof at a Licence fee to be calculated by
increasing the Licence fee for the previous year by the indexed amount. For the
avoidance of doubt, the granting of the second renewed term is to be by mutual
agreement of the Body Corporate and the Licensee. ~

Licence Fee

2.1

2.2
2.3

2.4

In consideration of the Body Corporate entering into this Agreement the Licensee shall
pay to the Bady Corporate a Licence fee of $14,000.00 per annum plus GST for the term
of the Licence.

The annual Licence fee under this clause shall be paid in equal monthly instalments in
advance on the first day of each month.

The initia! annual Licence fee shall be adjusted on each anniversary of the date of
commencement hereof while this Agreement remains in force (including any extension
or renewal hereof) by the indexed amount.

In addition to the Licence fee the Licensee shall pay to the Body Corporate a sum
equivalent to any GST payable by the Body Corporate in respect of any supply pursuant
to the terms of this Agreement. :

Licensee’s Obligations

3.1

3.2

3.3

The Licensee shall;

(a) be responsible for obtaining and maintaining any necessary approvals from the
Sunshine Coast Regional Council or any other relevant authority to conduct the
business from the Licensed Area;

(b) comply with all directions of the Ocean Breeze Building Manager (‘the Manager)
in so far as they relate to the Licensee activities on the Licensed Area;

(c) ensure all installations and improvements on the Licensed Area must be
aesthetically pleasing and in harmony with the general ambience of Hasting
Street, and the Licensee shall obtain the approval of the Manager for all
installations proposed for the Licensed Area before undertaking any such
installation;

(d) the Licensed Area must be kept clean and tidy and in good condition at all times;

(e) immediately upon request by the Manager, rectify any damage to any Body
Corporate property (including gardens) arising out of or associated with
operations of the Licensee.; '

(f} indemnify the Body Corporate against any loss should any statutory authority
require any change or removal of the facility provided under this Agreement.

The Licensee acknowledges that in the event of the need for access fo the substation by
Energex or the Body Corporate the Licensee accepts that urgent action may be required
by the Body Corporate or Energex, including but not limited to the need to demolish part
or all of the Licensees facility, and that such action will be at no cost to the Body
Corporate or Energex.

The Licensee acknowledges that the grant of this Licence to the Licensee is subject to
the authorisation of the Body Corporate pursuant to s161 (2)(b) of the Body Corporate
and Community Management (Standard Module) Regulation 2008,