DEED OF SETTLEMENT
This Deed is made the 1 day of August 2007. Between the parties: Queensland Independent Education Union of Employees, of 346 Turbot Street, Spring Hill, Queensland (“the Union”) AND Employees of John Paul College Limited for whom classifications and rates of pay are set out in Attachment A of this Deed, of John Paul Drive, Daisy Hill, Queensland (“Employees”) AND John Paul College Limited (ACN 010160371) in relation to its Employees, of John Paul Drive, Daisy Hill, Queensland (“the College”)
BACKGROUND: (a) The parties have reached agreement on various matters set out in Attachment A of this Deed. The parties wish to record in this Deed the agreement so reached, on the explicit basis that such agreements are to be legally enforceable between the parties, and to the extent that rights are conferred upon present or future employees of the College, by such employees against the College. (b) The parties note that in Queensland there is an explicit statutory provision in Section 55 of the Property Law Act 1974 under which, in accordance with the provisions of that section, promises made for valuable consideration moving from a promisee to a promisor may be enforced by a third party who is the beneficiary of that promise (subject to acceptance by that beneficiary). (c) The union has joined in this Deed solely for the benefit of its members who are or in future become employees and do not purport to represent the interests of persons who are not union members. (d) The employee representative who signs this Deed signs for the benefit of and behalf of all Employees who are not members of the union, with the intention that all Employees, regardless of union affiliation, will have the opportunity to accept the benefits provided in this Deed.
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