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2019-07-15 GC Agenda - Attachment 1 to Item 8 - Alliance and Funding Agreement - TNC and Noosa Council

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                        7, 8, 9, 10 and 11; and 12; 14; and 20, in the Project Deliverables in
                        Schedule A, to the satisfaction of Noosa Council (acting reasonably);
               8.6.4.   AUD$328,400, subject to the payment being not earlier than 30th July 2022,
                        upon TNC delivering and demonstrating to Noosa Council achievement of
                        the Measurable Outcomes numbered, for the relevant financial year, 7, 8, 9,
                        10 and 11; and 15; 16; 17; and 19, in the Project Deliverables in Schedule A,
                        to the satisfaction of Noosa Council (acting reasonably);
               8.6.5.   No payment- The Final Project Report is due 30th September 2022
               The Grant and the instalment amounts are shown exclusive of GST. GST means
               goods and services tax under the GST Law, as that expression is defined in A New
               Tax System (Goods and Services Tax) Act 1999.
               TNC must only use the Grant paid by Noosa Council to undertake the Project in
               accordance with the alliance objectives and the Deliverables as articulated in this
               Agreement.
               If TNC uses or applies the Grant for the purposes other than the Project and the
               Deliverables specified in this Agreement it will constitute a material breach of this
               Agreement and result in termination of this Agreement in accordance with clause 17.1.
               TNC will endeavour to seek further funding support for the Project through a variety
               of funders including philanthropic, foundation, corporate and government sources.
               The implementation of objectives outlined in this Agreement is not contingent on this
               additional funding
               TNC will prepare, and provide to Noosa Council, 6 monthly2 Project status reports
               including budget spend to date.


9.    COSTS
               Noosa Council and TNC shall each bear their own costs of and incidental to the
               negotiation, preparation and execution of this Agreement, including any costs
               incurred in relation to the discussions which are contemplated by this Agreement.
               Any activities undertaken by Noosa Council or TNC under or in reliance on this
               Agreement will be at their own risk and expense.
               In addition to the Grant from Noosa Council and TNC’s own monetary co-contribution,
               Noosa Council and TNC will each make in-kind contributions through input from key
               management staff and personnel, consistent with the mutual interest in achieving the
               Project and objectives of this Agreement.


10.   COMMUNICATIONS AND COMMUNITY ENGAGEMENT
               The Parties agree to consult, assist and co-operate with one another to ensure all
               communications and community engagement are conducted in a professional
               manner and are consistent with each Party’s policies. Where appropriate these will
               be detailed and agreed through relevant project communication plans.



2 A 6 monthly period is a 6 month period ending on 31 December and 30 June.


Alliance and Funding Agreement                                                           Page 9 of 25
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