Meeting papers

Page 331 of 518

HWL
                                                                            EBSWORTH

4.2     Strategic and operational plans
                                (a)    By 31 December 2023, TN will implement a 4 year
                                       strategic plan which incorporates the priorities,
                                       obligations and performance measures set out at
                                       Schedule 1 of this Deed.

                               (b)     TN will deliver the strategic plan referred to in clause
                                       4.2(a) above in accordance with annual operational
                                       plans. The specific format and content of the
                                       operational plan is be agreed by Council and TN.
                               (c)     TN will implement an annual operational plan (as
                                       referred to in clause 4.2(b) above) on or before 31
                                       December 2023, and will implement further annual
                                       operational plans annually thereafter for the duration of
                                       the Term.

                               (d)     TN will consult with Council in developing the strategic
                                       plan and operational plans referred to in clauses 4.2(a)
                                       and 4.2(b) above and TN must obtain Council's timely
                                       approval prior to implementing those plans, with such
                                       approval not to be unreasonably withheld.

4.3     Reports     |

                               (a)     TN must at all times maintain and must produce to
                                       Council upon request and within 10 business days of
                                       Council's request, reports which specifically identify
                                       expenditure of the Funding by TN.
                               (b)     During the Term TN will report on expenditure of the
                                       Funding by TN, with reference to the Agreed Priorities,
                                       activities being undertaken and return on investment:
               (i)      quarterly to Council - within 10 business days of the end of each
                        quarter; and
               (ii)     otherwise on request by Council in accordance with clause 4.3 (a).
                               (c)     TN must keep adequate accounts, documents and
                                       records in sufficient detail to enable and verify its
                                       compliance with this Deed.

4.4     Recognition of the Council
                               (a)     TN will, in its corporate publications, marketing and
                                       other initiatives acknowledge Council as the primary
                                       sponsor of TN.

 Tourism Noosa Funding Deed                                                             Page 6
 Endorsed Ordinary Meeting- 20 April 2023
 ECM: 22408732

                                                                                              Page 331 of 518