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

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                                 (i)     to LICENSEE:                      As listed in Item 6 of the Reference
                                                                           Schedule.
                                 (ii)    to UNITYWATER:                    As listed in Item 7 of the Reference
                                                                            Schedule.
                        (c)     will be taken to be duly given or made when delivered, received or left at the above
                                email address or address. If delivery or receipt occurs on a day that is not a business
                                day in the place to which the Notice is sent or is later than 4pm (local time) at that
                                place, it will be taken to have been duly given or made at the commencement of
                                business on the next business day in that place.

               14.2     Counterparts
                        This Deed may be executed in any number of counterparts. All counterparts together will be
                        taken to constitute one instrument.

               14.3     Entire Agreement
                        This Deed contains the entire agreement between the parties with respect to its subject
                        matter. It sets out the only conduct relied on by the parties and supersedes all earlier conduct
                        and prior agreements and understandings between the parties in connection with its subject
                        matter.

               14.4     Further Assurances
                        Each party must sign all documents and do all acts and things required by Law or reasonably
                        requested by the other party to give effect to this Deed.

               14.5     No Waiver
                        A failure to exercise or a delay in exercising any right, power or remedy under this Deed does
                        not operate as a waiver. A single or partial exercise or waiver of the exercise of any right,
                        power or remedy does not preclude any other or further exercise of that or any other right,
                        power or remedy. A waiver is not valid or binding on the party granting that waiver unless
                        made in writing.

               14.6     No Merger
                        The rights and obligations of the parties will not merge on the completion of any transaction
                        contemplated by this Deed.

               14.7     Governing Law
                        (a)     This Deed is governed and construed in accordance with the Laws of Queensland.
                        (b)     Each party irrevocably submits to the jurisdiction of the courts of the State of
                                Queensland and the courts competent to hear appeals from those courts with
                                respect to any proceedings which may be brought at any time relating in any way to
                                this Deed.
               14.8     Security Amount
                    a) If item 3A of the Reference Schedule provides for a Security Amount, then on or before the
                       Commencement Date the Licensee must give Unitywater the Security Amount. Item 3B
                       specifies what form the security must be. A bankers undertaking must be an Australian bank,
                       be assignable, be unconditional and irrevocable and must not contain an expiry date and
                       must be on terms satisfactory to Unitywater.