Meeting papers

Page 333 of 518

HW
                                                                             EBSWORTH

6.      Intellectual Property

6.1     The Parties acknowledge that they each respectively have rights to certain Intellectual
        Property and nothing permits the use, reproduction, publication, adaptation or
        communication of Intellectual Property of the other Party unless expressly authorised by
        that Party.

 -      Dispute resolution

7.1     The Parties agree to comply with this clause 7 in relation to any matter in dispute in
        relation to the non-fulfilment of a party’s obligations under this Deed (Dispute).
7.2     A Party raising a Dispute will give the other Party a notice of dispute setting out:
                                (a)     The details of the Dispute; and
                                (b)     The outcome sought by the Party in relation to the
                                        Dispute.
7.3     Within 10 Business Days of service of a Notice of Dispute or such longer period after
        service of a Notice of Dispute as the Parties may agree in writing, representatives of the
        Parties will meet and undertake genuine and good faith negotiations with a view to
        resolving the Dispute.
7.4     If the Dispute remains unresolved 10 Business Days after the meeting referred to in
        clause 7.3 above, the Parties agree to genuinely participate in a mediation in an attempt
        to resolve the Dispute.
£5      The costs of mediation will be shared equally between the parties.
7.6     The Dispute Resolution Process:
                                (a)     continues for any further period agreed between the
                                        parties, including to allow the parties to engage in
                                        further negotiations or engage in any other alternative
                                        dispute resolution process; or
                                (b)     ends, if the parties agree on terms for a resolution of
                                        the Dispute;
                                (c)     ends on the date which is 10 Business Days after the
                                        mediation under clause 7.4 above.

 Tourism Noosa Funding Deed                                                              Page 8
 Endorsed Ordinary Meeting- 20 April 2023
  ECM: 22408732

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