Table 12. Main contents of the agreement

Type Contents
1. General rules

Purpose of the agreement and scope of business

Project implementation method/Burden of project cost

Definition of terms / interpretation of the convention

2. Rights of the parties to the convention ․ on duty matters concerning

Designation of private park promoters

Rights and obligations of private park promoters

Contract ․ liability due to subcontracting

Insurance purchase / faithful implementation of the agreement

3. About donation Subject, time, and conditions of donation collection
4. Concerning financing Payment of compensation, etc.
5. Urban planning, etc. Area, type and scale of non-park facilities
6. Compensation for land purchase, etc. Compensation work such as land purchase
7. Business expense settlement, etc. Settlement of business expenses and return of the execution balance, etc.
8. Park facilities management of business

Design ․ licenses, etc.

Implementation plan approval / construction period and commencement

Construction project management such as supervisory authority

Process management / project performance deposit

Supervision and inspection of the market

9. Mayor’s support

Administrative support

Change of urban management plan

10. Risk sharing

Principle of risk allocation

Reasons attributable to the private park promoter and treatment

Reasons attributable to the market and treatment

Renegotiation matters such as business change

Reasons and handling of force majeure, etc.

11. Termination of the convention

Termination of the agreement due to the expiry of the period

Termination of agreement due to premature termination

Effect upon termination of the agreement

Calculation of compensation and payment upon cancellation

12. Disposition of rights

Transfer and provision of collateral

Change of private park promoter

13. Resolution of disputes Dispute resolution / arbitration