TOURISM NOOSA FUNDING AGREEMENT (REFERRED FROM S&O 11 APRIL 2023) · Attachment 1 - Deed - Funding Agreement Final

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.




7.       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.

7.5      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

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