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

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




                        or effects are necessary for the Water Operations (including preserving the continued safety
                        and integrity of the Water Operations).

               8.3      In cases where UNITYWATER intends to carry out long term repairs or maintenance at the
                        Licensed Area, UNITYWATER shall, except in the case of emergency, give to LICENSEE
                        reasonable notice of the time or times of the intended repairs or maintenance.

               8.4      In cases where UNITYWATER intends to carry out long term repairs or maintenance at the
                        Licensed Area, UNITYWATER shall, except in the case of emergency, give to LICENSEE
                        reasonable notice of the time or times of the intended repairs or maintenance.

               8.5      UNITYWATER shall not be liable to LICENSEE for any loss or damage suffered by
                        LICENSEE as a result of interruption to LICENSEE’s use of the Licensed Area or temporary
                        closure of the Licensed Area, howsoever caused.


               9.       Assignment and Sub-Licensing

               9.1      The Licence is personal to LICENSEE and LICENSEE cannot assign the Licence nor grant
                        any sub-licence.

               9.2      For the avoidance of doubt, nothing in the Licence restricts the ability of UNITYWATER to
                        transfer its interests in the Licensed Area.

               9.3      If UNITYWATER transfers its interests in the Licensed Area before the expiry of the Term,
                        UNITYWATER will use its reasonable endeavours to assign its rights and obligations under
                        the Licence to the transferee of its interests in the Licensed Area. If the transferee of
                        UNITYWATER’s interests in the Licensed Area will not accept such assignment (despite
                        UNITYWATER’s efforts to persuade it to do so), UNITYWATER may terminate the Licence
                        upon thirty (30) days’ written notice to LICENSEE.


               10.      Termination

               10.1     Termination for breach of an essential term
                        Either party may terminate the Licence immediately by notice to the other party if the other
                        party:
                        (a)     commits a breach of an Essential Term of the Licence; and
                        (b)     fails to remedy that breach within five (5) Business Days of notice requiring the other
                                party to remedy that breach or where the breach is not capable of remedy.
               10.2     Termination for breach
                        Either party may terminate the Licence by giving five (5) Business Days’ notice to the other
                        party if the other party:
                        (a)     commits a breach of a term of the Licence; and
                        (b)     fails to remedy that breach within five (5) Business Days of notice requiring the other
                                party to remedy that breach or where the breach is not capable of remedy.
               10.3     Termination for insolvency
                        Either party may terminate the Licence immediately by notice to the other party if the other
                        party:
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