Intra-Ship Integrated Gateway Supply and Installation Agreement between Hyundai Heavy Industries and e-MARINE Inc.

Summary

Hyundai Heavy Industries Co., Ltd. and e-MARINE Inc. have entered into an agreement for the supply and installation of two Intra-Ship Integrated Gateway computer systems. The total contract price is 21,670,000 Won, with installations scheduled for March 21 and March 28, 2017, at Hyundai Heavy Industries' ACONIS site. Payment is due upon each installation. The contract becomes effective if not refused within five working days. Both parties agree to execute all matters related to the ISIG(2) project as specified.

EX-10.25 9 ex10-25.htm

 

Intra-Ship Integrated Gateway Contract
Smart Ship Technology Solution for Hyundai Heavy Industries

 

Project: ISIG(2) for Hyundai Heavy Industries

Contract No. (HHI): W170123A20001

Price: 21,670,000 Won

Period: February 22nd 2017 – March 28th 2017

Payment Terms

 

Product  Unit  Installation Date  Price 
COMPUTER INTRA SHIP INTEGRATED GATEWAY  1  March 21st 2017   9,950,000 Won  
COMPUTER INTRA SHIP INTEGRATED GATEWAY  1  March 28th 2017   9,950,000 Won 

 

  Payment per each installation
     
  Installation Site : Hyundai Heavy Industries ACONIS
     
  The agreement is in full effect when there is no refusal for five working days

 

Ordering: Hyundai Heavy Industries Co., Ltd.

 

Hyundai Heavy Industries Co., Ltd. (“The Customer”) and e-MARINE Inc. (“The Supplier”) agree to execute all matters for [ISIG(2) for Hyundai Heavy Industries]

 

January 23rd 2017