1  Introduction

The Project Owner and the NOPs acknowledge and agree that:

(a)  the Project Owner will reimburse the NOPs for Reimbursable Costs (as defined in Schedule 5) incurred by them;

(b)  subject to clause 16.6, the Project Owner will pay the NOPs the Corporate Overhead and Profit;

(c)  if applicable, the Project Owner will pay the NOPs a Gainshare Amount or the NOPs will pay the Project Owner a Painshare Amount (as the case may be); and

(d)  if applicable, the Project Owner will pay the NOPs a Performance Reward Amount or the NOPs will pay the Project Owner a Performance Liability Amount (as the case may be).

This Schedule sets out the procedure which will govern the payments referred to above.