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

of 47

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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 25 of 46
and Water Act 2000 age <9 oO!

Title Reference 50250532
9.3 Default by Tenant
(a) If an Event of Default occurs the Landlord may, without prior notice to the Tenant, demand
payment under the Bank Guarantee to compensate the Landlord for any Loss sustained as a

result of the Event of Default.

(b) Within 14 days after demanding payment under the Bank Guarantee the Landlord must give the
Tenant written notice specifying the amount demanded.

9.4 No waiver
(a) Clause 9.3(a) does not limit the Landlord's other rights in respect of an Event of Default.

(b) The Landlord does not, by demanding an amount under the Bank Guarantee that is less than the
amount of the Landlord's Loss, waive its right to Claim for the full amount of the Loss.

9.5 Tenant to keep current
The Tenant must at all times ensure that any Bank Guarantee is current and enforceable.
9.6 Transfer by Landlord
(a) If at any time during the Term the Landlord transfers the Landlord's interest in the Land:
(i) the Landlord may assign the Bank Guarantee to the transferee; or

(ii) the Tenant must, if requested by the Landlord, provide a replacement Bank Guarantee in
favour of the transferee.

(b) If the Tenant does not comply with clause 9.6(a)(ii) within 14 days of request by the Landlord, the
Landlord may make demand under the Bank Guarantee and deliver the proceeds to the
transferee to hold as a security deposit until the Tenant provides a Bank Guarantee to the
transferee.

9.7 Return of Bank Guarantee

The Landlord must return every Bank Guarantee which has not been called upon, to the Tenant promptly
following the latest of:

(a) the End Date;

(b) the date the Tenant makes good all Events of Default and yields up the Premises to the Landlord
as required by this Lease;

(c) the date the Tenant provides a replacement Bank Guarantee to the transferee under clause
9.6(a)(ii), if applicable.

10. LANDLORD’S RIGHTS
10.1 Landlord’s right of access

(a) The Landlord may at all reasonable times on giving reasonable notice to the Tenant enter the
Premises to:

(i) view the condition of the Premises;

194497:3474-5111-9945_v1
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SIGNED LEASE to John Holland Queensland Pty Ltd dated 1 June 2026 with plan.pdf · 971 KB (small file)

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