Deed of Licence TEN 0270 - Lot 17 on SP239726 Wallum Lane Noosa-3

DocuSign Envelope ID: 7CEBEBD8-2721-4157-854F-4C5B01D15E46




                                (i)     GST means the goods and services tax as imposed by the GST Law;
                                (ii)    GST Amount means any Payment (or the relevant part of that Payment)
                                        multiplied by the appropriate rate of GST (currently 10%);
                                (iii)   GST Law has the meaning given to that term in A New Tax System (Goods
                                        and Services Tax) Act 1999 (Cth), or, if that Act does not exist for any
                                        reason, means any Act imposing or relating to the imposition or
                                        administration of a goods and services tax in Australia and any regulation
                                        made under that Act;
                                (iv)    Payment means any amount payable under or in connection with this Deed
                                        including any amount payable by way of indemnity, reimbursement or
                                        otherwise and includes the provision of any non-monetary consideration.
               11.2     Payment of GST
                        The parties agree that:
                        (a)     all Payments have been calculated without regard to GST;
                        (b)     if the whole or any part of any Payment is the consideration for a Taxable Supply for
                                which the payee is liable to GST, the payer must pay to the payee an additional
                                amount equal to the GST Amount, either concurrently with that Payment or as
                                otherwise agreed in writing;
                        (c)     any reference to a cost or expense in this Deed excludes any amount in respect of
                                GST forming part of the relevant cost or expense when incurred by the relevant party
                                for which that party can claim an Input Tax Credit;
                        (d)     the payee will provide to the payer a Tax Invoice at the time at which any payment
                                is made under this clause.


               12.      Amendment

                        This Deed may only be amended by an agreement executed by all parties.


               13.      Costs and Stamp Duty

                        LICENSEE will pay UNITYWATER’s reasonable legal costs in connection with the
                        preparation, negotiation and execution of this Deed. LICENSEE will pay any stamp duty
                        payable on this Deed or transactions contemplated by it.


               14.      General

               14.1     Notices
                        All communications (including notices, requests, demands, consents and approvals) given
                        under or in connection with this Deed:
                        (a)     must be in writing and signed by an Authorised Officer of the sender;
                        (b)     must be addressed as follows and delivered to the intended recipient at the address,
                                or email address below or the address or email address last notified by the intended
                                recipient to the sender after the date of this Deed: