TOURISM NOOSA STRATEGY 2023-2027 · ECM_22408732_v2_Tourism Noosa Funding Agreement - Endorsed OM 20April2023

HWL EBSWORTH 4.2 Strategic and operational plans (a) By 31 December 2023, TN will implement a 4 year strategic plan which incorporates the priorities, obligations and performance measures set out at Schedule 1 of this Deed. (b) TN will deliver the strategic plan referred to in clause 4.2(a) above in accordance with annual operational plans. The specific format and content of the operational plan is be agreed by Council and TN. (c) TN will implement an annual operational plan (as referred to in clause 4.2(b) above) on or before 31 December 2023, and will implement further annual operational plans annually thereafter for the duration of the Term. (d) TN will consult with Council in developing the strategic plan and operational plans referred to in clauses 4.2(a) and 4.2(b) above and TN must obtain Council's timely approval prior to implementing those plans, with such approval not to be unreasonably withheld. 4.3 Reports | (a) TN must at all times maintain and must produce to Council upon request and within 10 business days of Council's request, reports which specifically identify expenditure of the Funding by TN. (b) During the Term TN will report on expenditure of the Funding by TN, with reference to the Agreed Priorities, activities being undertaken and return on investment: (i) quarterly to Council - within 10 business days of the end of each quarter; and (ii) otherwise on request by Council in accordance with clause 4.3 (a). (c) TN must keep adequate accounts, documents and records in sufficient detail to enable and verify its compliance with this Deed. 4.4 Recognition of the Council (a) TN will, in its corporate publications, marketing and other initiatives acknowledge Council as the primary sponsor of TN. : Tourism Noosa Funding Deed Page 6 Endorsed Ordinary Meeting- 20 April 2023 ECM: 22408732