SIGNED LEASE to John Holland Queensland Pty Ltd dated 1 June 2026 with plan

Docusign Envelope ID: ASBADEEF-A04C-49A2-9666-03AB9F 131037

QUEENSLAND TITLES REGISTRY FORM 20 version 2
Land Title Act 1994, Land Act 1994 SCHEDULE P 15 of 46
and Water Act 2000 age To Oo!

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3.2

3.3

5

(ii) the amount specified in Item 11 for public risk insurance will be the amount reasonably
required by the Landlord; and

Title Reference 50250532

(iii) this clause 2.3 will be omitted, unless there is another Further Term.
(c) The Rent for the Further Term will be determined in accordance with clause 3.2(a).
RENT
Payment of Rent
(a) The Tenant must pay Rent to the Landlord:
(i) without demand;
(ii) without any deduction or set-off; and
(iii) by equal monthly instalments (and proportionately for any part of a month) in advance on
last Business Day of each month, with the first instalment to be made on the
Commencement Date.
(b) All instalments of Rent must be paid:

(i) by direct deposit to the bank account notified to the Tenant by the Landlord; or

(ii) in the absence of a notification under clause 3.1(b)(i), to the place and in the manner
directed by the Landlord.

Rent reviews

(a) The Rent will be reviewed on each Review Date in accordance with the review type specified in
Item 9.

(b) The Landlord does not, by:
(i) failing to initiate a review on or before a Review Date; or
(ii) accepting payment of Rent (in any amount) after a Review Date,
waive its right to review the Rent.

(c) Once the Rent is determined, the parties will make any necessary adjustment within 14 days of
the determination. The adjustment applies on and from the Review Date.

Market review of Rent

(a) On each Review Date for which a Market Review applies, the Landlord may vary the Rent to
current market rent.

(b) If the Landlord elects to vary the Rent in accordance with clause 3.3(a) the following applies:

(i) The Landlord may give the Tenant a Market Rent Notice not more than six months prior to
the Review Date.

(ii) The Tenant may dispute the Market Rent Amount in accordance with clause 3.4(a).

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