11022015093450-0001 · 131999.982996.1

Relationship
The Licensee acknowledges that:

(a) it has a right of occupation of the Licensed Area only on the terms specified in this

Agreement;

(b) this Licence does not constitute a relationship of landlord and tenant and nothing
contained in this Agreement shall constitute a lease or convey any interest in any
property to the Licensee;

(c) the legal right to the possession of and control over the Licensed Area remains vested in
the Body Corporate throughout the term; . :

(d) this Licence is personal to the Licensee and shall not be assigned without the prior
written approval of the Body Corporate.

Insurance and Indemnity

5.1. The Licensee shall at its expense effect and maintain during the Term public fiability
insurdnce for an amount of not less than $5 million in the joint names of the parties
indemnifying the Licensee and the Body Corporate against all actions, claims, demands,
loss, damage, costs or expense in respect of or arising out of any Injury, loss or damage
to property, or death or injury to any person arising out of the use by the Licensee of the
Licensed Area, or the entry upon the Licensed Area or the common property of the Body
Corporate by any customer, agent or employee of the Licensee.

5.2 The Licensee shall if requested by the Body Corporate promptly provide to the Body
Corporate satisfactory evidence of such insurance.

5.3 The Licensee indemnifies the Body Corporate against all claims, and liability for
damage, loss or injury to the Licensed Area or to any property of the Body Corporate or
to any person caused by any act, omission or negligence of the Licensee or its use of

the Licensed Area.

Termination

Upon termination of this Licence the Licensee will completely remove all of its property from the
Licensed Area and restore it to its original condition or as otherwise agreed between the parties.

Goverming Law
This Agreement is governed by Queensland Law.
Interpretation

Where used in this document, unless the context otherwise requires the following terms shall
have the following meanings:

(a) “the Licensed Area” means the area immediately in front of the Energex sub-station on
Hasting Street, Noosa measuring approximately 5 metres by 4 metres..

(b) “Index Number” The Consumer Price tndex (All Groups) for Brisbane as published by
the Australian Bureau of Statistics provided that if such Index is suspended or
discontinued the expression shall mean such Index which in the opinion of the Australian