Document:

Exhibit 4.24
​
COMMERCIAL CONSULTING SERVICES AGREEMENT
between
Höegh LNG Jamaica Ltd.
and
Höegh LNG AS
​
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Page 1 of 11

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TABLE OF CONTENTS
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	1
	BACKGROUND
	3

	2
	APPOINTMENT OF THE CONSULTANT
	3

	3
	COMMERCIAL CONSULTANCY SERVICES
	3

	4
	COMMERCIAL ADMINISTRATIVE SERVICES
	4

	5
	PROJECT EXECUTION SERVICES
	5

	6
	COMMERCIAL OPERATIONS SERVICES
	6

	7
	OTHER SERVICES SPECIFICALLY AUTHORISED
	6

	8
	THE CONSULTANTS’ SUB-CONTRACTING
	7

	9
	OWNERSHIP
	7

	10
	RESPONSIBILITIES
	7

	11
	ACCOUNTING
	8

	12
	AUDITING
	8

	13
	CONSULTANCY FEE
	8

	14
	SUSPENSION OF CONSULTANTS’ PERFORMANCES UNDER THE AGREEMENT
	9

	15
	DURATION AND TERMINATION OF THE AGREEMENT
	9

	16
	LAW AND ARBITRATION
	9

	17
	NOTICES
	10

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* * *
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COMMERCIAL CONSULTING SERVICES AGREEMENT
This agreement (the “Agreement”) is entered into with effect from 12 October 2021 between:
	(1)
	Höegh LNG Jamaica Ltd., company registration no. 110486, 48 Duke Street, Kingston, Jamaica, W.I. (“LJAM”), and

	(2)
	Höegh LNG AS, company registration no. 989 837 877, Drammensveien 134, 0277 Oslo, Norway (“Consultant”).

IT IS HEREBY AGREED as follows:
	1
	BACKGROUND

Both LJAM and the Consultant are companies in the Höegh LNG Group, with ultimate owner Höegh LNG Holdings Ltd. and are subject to the prevailing Decision Guides and Manuals of the Höegh LNG Group. The Höegh LNG Group has a fleet consisting of Liquefied Natural Gas (LNG) carriers and Floating Storage and Regasification Units (FSRUs).
LJAM will enter into a Novation Agreement between Höegh LNG Partners Operating LP (“HMOP”) and NFE (“NFE”) following which the LJAM will provide the FSRU Services under the FSRU Operations and Services Agreement with NFE as customer dated 23 September 2021 (the “OSA”), and subsequently novated to LJAM.
LJAM wish to use the consultancy services of the Consultant as described herein and the Consultant is willing to perform the services under this Agreement.
	2
	APPOINTMENT OF THE CONSULTANT

	(a)
	With effect from 12 October 2021, the Consultant will act as Consultant for LJAM. LJAM hereby confirms the appointment of the Consultant and the Consultant hereby agrees to act as Consultant for LJAM.

	(b)
	The Consultant undertakes to use its best endeavors to provide the commercial services specified herein to LJAM in accordance with sound business practice and to protect and promote the interests of LJAM in all matters relating to the provision of services hereunder.

	(c)
	In the exercise of its duties hereunder, the Consultant, to the extent practicable and subject to sound business practices, shall act in accordance with the policies and instructions that from time to time shall be communicated to it by LJAM, and the Consultant shall at all times serve LJAM faithfully and diligently.

	3
	COMMERCIAL CONSULTANCY SERVICES

Subject to the terms and conditions herein provided, and to the degree that LJAM has not already established the required capacities locally, during the term of this Agreement, the Consultant shall carry out, as representative for and on behalf of LJAM, those of the following functions (or support in relation to such functions) as LJAM shall instruct the Consultant to provide from time to time:
	a)
	Commercial Administrative Services (see Clause 4);

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	b)
	Project Execution Services (see Clause 5); and

	c)
	Commercial Operations Services (See Clause 6).

Jointly referred to as the “Services”. The majority of the Services are expected to be provided from outside of Jamaica from the Consultant’s offices.
	4
	COMMERCIAL ADMINISTRATIVE SERVICES

The Consultant shall provide Commercial Administrative Services to LJAM, which includes, but is not limited to, the following functions:
	(a)
	The provision of the requirements and qualifications that should be met by the individual that is to be appointed as general manager (and/or managing director or similar position) and other positions of LJAM.

	(b)
	Assistance in the recruitment of the officers mentioned above.

	(c)
	Support and advise to LJAM’s general manager and/or LJAM employees or subcontrators in connection with the day-to-day running of the business of LJAM, and to represent LJAM in such matters where the Consultant is authorized to act on behalf of LJAM.

	(d)
	Support and advise to LJAM’s general manager and/or LJAM employees or subcontrators in connection with financial matters of LJAM, including but not limited to assistance in the opening and closing of bank accounts outside of Jamaica and to provide cash management and fund management services.

The cash management and fund management shall also include the arrangement of the entry into currency exchange agreements, interest hedging agreements, financial swap agreements, and other agreements in respect of futures and derivative instruments, always subject to the authorization of the Board of Directors of LJAM in any case or in accordance with the applicable Decision Guides and Manuals of the Höegh LNG Group.
All moneys collected by the Consultant under the terms of this Agreement and any interest thereon shall be held to the credit of LJAM in a separate bank account. All expenses incurred by the Consultant under the terms of this Agreement on behalf of LJAM, shall be payable by LJAM to the Consultant on demand.
	(e)
	As part of the services described in Clause d) above, the Consultant shall negotiate Loan Agreements on behalf of LJAM and LJAM shall with the prior approval of the Board of Directors of LJAM, be authorized to enter into Loan Agreements for and on behalf of LJAM.

Guarantees and other financial commitments can only be given and entered into with the prior approval of the Board of Directors of LJAM.
	(f)
	Assistance with the preparation of such budgets and financial statements as LJAM may instruct, including long- and short-term budgets, long term financial forecasts, status reports and projections, statutory annual reports and quarterly reports including a statement of income and balance sheet for the relevant period, all as instructed by the Board of Directors of LJAM from time to time.

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	(g)
	The provision of the controller functions in respect of the financial matters of LJAM.

	(h)
	The Consultant shall handle and settle minor claims by third parties arising out of the Services provided under this Agreement and keep LJAM informed regarding any incident of which the Consultant becomes aware, and which gives or may give rise to claims or disputes involving third parties. The Consultant shall, as instructed by LJAM, bring or defend actions, suits and proceedings in connection with matters entrusted to the Consultant according to this Agreement.

	(i)
	Provide short-term funding and payment services on behalf of LJAM until the necessary bank accounts and procedures are in place.

	(j)
	Coordination of secretarial and corporate administrative services, including assisting the Company Secretary in performing these services.

	(k)
	All such commercial administrative matters on which LJAM may from time to time require a specific advice.

	5
	PROJECT EXECUTION SERVICES

Upon request from LJAM, the Consultant shall provide Project Execution Services related to the NFE Project to LJAM as LJAM may direct. Project Execution Services will include but is not limited to monthly meetings with NFE (the “Customer”) and developing/agreeing various contractual documents and procedures prior to start-up (the “Project”) under the OSA. The Consultant shall have the following powers and duties with respect to the NFE Project:
	(a)
	to use its reasonable endeavors to ensure that the Customer and LJAM observe and perform all its obligations under the OSA;

	(b)
	to advise LJAM with respect to the performance of its obligations under the OSA and if LJAM instructs, to perform obligations on LJAM’s behalf in accordance with LJAM’s instructions;

	(c)
	to notify LJAM promptly of any events or circumstances which may materially affect the rights or obligations of the parties to the OSA, including any change in the amounts payable under the OSA, delays, variations in the work performed under the OSA, changes in any applicable law, events of force majeure, any breach of the OSA, any dispute or potential dispute arising under the OSA, and any actual or threatened claim arising under the NFE Project;

	(d)
	to review and approve drawings, to the extent required by the OSA;

	(e)
	to inspect the works performed under the OSA, and the site where works are being performed, in accordance with the OSA;

	(f)
	to advise LJAM promptly of any defect (whether of quality, soundness, materials, workmanship, construction or design or otherwise) in the Customer’s performance that comes to the notice of the Consultant;

	(g)
	to advise LJAM in relation to any variations to the scope of the OSA, or change in the schedule for the performance by LJAM, under the OSA, it considers necessary or appropriate, or which are required in accordance with the OSA, including advise on the affect of such variation or change schedule;

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	(h)
	to advise LJAM with respect to any dispute (or potential dispute) in respect of the OSA, including advice on the merits of any claims made in connection with the dispute and the recommended course of action;

	(i)
	to advise LJAM with respect to any claim by the Customer for force majeure, including advise on the merits of such a claim and recommended course of action;

	(j)
	to advise LJAM on the exercise of its rights under the OSA, and the availability to LJAM of any claims against the Customer or other parties in respect of the OSA; and

	(k)
	to provide LJAM with all such information and supporting documentation as may reasonably be required by LJAM.

	(l)
	to provide short-term funding and payment services on behalf of LJAM until the necessary bank accounts and procedures are in place.

	6
	COMMERCIAL OPERATIONS SERVICES

The Consultant shall provide commercial operations services which include, but are not limited to:
	(a)
	Arrangement of the provision of bunker fuel of the quality as required for the trade of Höegh Gallant, IMO No. 9653678 (the “Vessel”);

	(b)
	Operational support for the Vessel as required by LJAM, which includes but is not limited to; ship to ship operations support, the provision of compatibility/interface studies, Vessel approvals and vetting processes, voyage/performance estimates, accounts and calculations;

	(c)
	Monitoring and reporting of operational KPIs as instructed by LJAM;

	(d)
	Provide LJAM with all such operational information and supporting documentation as may reasonably be required by LJAM;

	(e)
	Provide the owner with the required access to the IT Platform Systems of the Höegh LNG Group; and

	(f)
	All such other commercial services reasonably requested or required by LJAM.

	7
	OTHER SERVICES SPECIFICALLY AUTHORISED

	(a)
	The Consultant, or the person whom it may appoint, shall be authorized for and on behalf of LJAM to negotiate, approve, enter into, execute (under hand or under the Common Seal of LJAM and to affirm the use of such Common Seal) and deliver all such agreements, documents, certificates or instruments which may be required pursuant to or in connection with the performance of its Services hereunder;

	(b)
	The Consultant may take such other action for and on behalf of LJAM, in addition to the powers conferred upon it by this Agreement, as shall be authorized from time to time by a resolution of the Board of Directors of LJAM.

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	8
	THE CONSULTANTS’ SUB-CONTRACTING

The Consultant shall not have the right to sub-contract any of the obligations or rights hereunder to a third party without the prior written consent of LJAM, except to the Consultant’s associated companies.
	9
	OWNERSHIP

The ownership to assets, including but not limited to documents of any nature, know-how, intellectual property and any other tangible or intangible assets, rights or privileges (the “IPR”), which are acquired or developed by the Consultant related to the Consultant’s Services provided to LJAM shall solely lie with LJAM. The Consultant shall not acquire any ownership or title to such IPR.
	10
	RESPONSIBILITIES

	(a)
	Neither LJAM nor the Consultant shall be liable for any failure to perform any of their obligations hereunder by reason of any cause whatsoever by any nature and kind beyond their reasonable control.

	(b)
	Without prejudice to Clause 10 (a), the Consultant shall not be liable whatsoever to LJAM for any loss, damage, delay or expense of whatsoever nature, whether direct or indirect and howsoever arising in the course of performance of the Services under this Agreement, unless such liability is proven to result solely from the negligence, gross negligence or willful default of the Consultant or their employees or agents or sub-contractors employed by them in connection with the Services under this Agreement in which case the Consultant’s liability for each incident or series of incident that gives rise to a claim or claims, shall never exceed a total amount of NOK 500,000.

	(c)
	Except to the extent and solely for the amount that the Consultant will be liable as set out in Clause 10 (b), LJAM hereby undertakes to keep the Consultant and their employees, agents and sub-contractors indemnified and to hold them harmless against all actions, proceedings, claims, demands and liabilities whatsoever or howsoever arising, which may be brought against them or incurred or suffered by them arising out of or in connection with the performance of the Services under this Agreement, and against and in respect of all costs, losses, damages and expenses, including legal costs and expenses on a full indemnity basis, which the Consultant may suffer or incur (either directly or indirectly) in the course of the performance of the Services under this Agreement.

	(d)
	It is hereby expressly agreed that no employee or agent of the Consultant (including every sub-contractor from time to time employed by the Consultant) shall in any circumstances whatsoever be under any liability whatsoever to LJAM for any loss, damage or delay of whatsoever kind arising or resulting directly or indirectly from any act, neglect or default on his part while acting in the course of or in connection with his employment and, without prejudice to the generality of the foregoing provisions in this Clause 10, every exemption, limitation, condition and liberty herein contained and every right, exemption from liability, defense and immunity of whatsoever nature applicable to the Consultant or to which the Consultant are entitled hereunder shall also be available and shall extend to protect every such employee or agent of the Consultant acting as aforesaid and for the purpose of all the foregoing provisions of this Clause 10, the Consultant are or shall be deemed to be acting as agent or trustee on behalf of and for the benefit of all persons who are or might be his servants or agents from time to time (including sub-contractors as aforesaid) and all such persons shall to this extent be or be deemed to be parties to this Agreement.

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	11
	ACCOUNTING

The Consultant shall:
	(a)
	Establish an accounting system, which meets the requirements of LJAM and provide regular accounting services, supply regular reports and records in accordance therewith;

	(b)
	Maintain the records of all costs and expenditures incurred hereunder as well as any data necessary or proper for the settlement of accounts between the parties.

Consultant shall ensure that the accounts of LJAM are prepared and maintained in accordance with applicable legislation and regulations.
The Consultant shall also prepare and deliver to LJAM’s registered office quarterly Management accounts in respect of LJAM to be supplied within 30 days of the end of each financial quarter.
	12
	AUDITING

The Consultant shall at all times maintain and keep true and correct accounts of LJAM and shall make the same available for inspection and auditing by LJAM or its appointed auditor at such time as LJAM may determine.
	13
	CONSULTANCY FEE

	(a)
	LJAM shall pay to the Consultant for its services as Consultant under this Agreement a monthly fee (the “Consultancy Fee”) in USD. Such fee shall be calculated by the time spent on each of the Services rendered, computed at pre-established hourly rates for the individuals effectively performing the services.  Such hourly rates shall include an overhead to cover costs such as office accommodation, IT solutions, stationery etc.

	(b)
	LJAM shall reimburse the Consultant for its postage and communication expenses, travelling expenses, and other out of pocket expenses properly incurred by the Consultant in pursuance of the Services.

	(c)
	The Consultant shall add a 3% service fee on all invoiced amounts excluding Clause 13 (d).

	(d)
	Services rendered under Clause 5 (l) and Clause 4 (i) shall be reimbursed at cost, excluding mark-up.

	(e)
	The Consultant shall not be liable for exchange rate risk where services rendered are in a different currency then USD. Thus, any material exchange rate differences shall be settled between the parties on a semi-annual basis.

	(f)
	In the event of the appointment of the Consultant being terminated by LJAM or the Consultant in accordance with the provisions of Clause 15 (Duration and Termination of the Agreement) other than by reason of default by the Consultant, the Consultancy Fee payable to the Consultant according to the provisions of Clause 13 (a), shall continue to be payable for a further period of 6 – six – calendar months.

All discounts and commissions obtained by the Consultant in the course of the performance of the Services shall be credited to LJAM.
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	14
	SUSPENSION OF CONSULTANTS’ PERFORMANCES UNDER THE AGREEMENT

The Consultant shall be entitled to suspend performances under this Agreement by notice in writing if any moneys payable by LJAM under the Agreement, shall not have been received in the Consultant’s nominated account within 7 days of payment having been requested in writing by the Consultant.
	15
	DURATION AND TERMINATION OF THE AGREEMENT

	(a)
	This Agreement shall come into effect on the date stated in Clause 2 (a) (Appointment of the Consultant) and shall continue for the duration of the OSA. Thereafter it shall continue until terminated by either party giving to the other notice in writing, in which case the Agreement shall terminate upon the expiration of a period of six months from the date upon which such notice was given.

	(b)
	The Consultant shall be entitled to terminate the Agreement by notice in writing if any moneys payable by LJAM under this Management Agreement, shall not have been received in the Consultant’s nominated account within ten days of payment having been requested in writing by the Consultant.

	(c)
	The Agreement shall terminate forthwith in the event of an order being made or resolution passed for the winding up, dissolution, liquidation or bankruptcy of either party (otherwise than for the purpose of reconstruction or amalgamation) or if a receiver is appointed, or if it suspends payment, ceases to carry on business or makes any special arrangement or composition with its creditors.

	(d)
	The termination of this Agreement shall be without prejudice to all rights accrued due between the parties prior to the date of termination.

	(e)
	Upon termination of this Agreement the Consultant shall transfer and deliver to LJAM all assets, including but not limited to documents of any nature, know-how, intellectual property and any other tangible or intangible assets, rights or privileges that is the property of the LJAM, ref. Clause 9 (Ownership) above.

	16
	LAW AND ARBITRATION

This Agreement shall be governed by and construed in accordance with English law and any dispute arising out of or in connection with this Agreement shall be referred to arbitration in London in accordance with the Arbitration Act 1996 or any statutory modification or re-enactment thereof save to the extent necessary to give effect to the provisions of this Clause 16.
The arbitration shall be conducted in accordance with the London Maritime Arbitrators Association (LMAA) Terms current at the time when the arbitration proceedings are commenced. On the receipt by one party of the nomination in writing of the other parties’ arbitrator, that party shall appoint their arbitrator within 14 days, failing which the decision of the single arbitrator appointed shall apply. Two arbitrators properly appointed shall appoint a third arbitrator who shall be the chairman of the Arbitration Panel. The parties agree that no Party shall appeal to the court on a question of law arising out of an award made in the proceedings.
The arbitration hearings, any submissions to the court and the award or ruling passed by the court shall be treated as confidential.
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	17
	NOTICES

All notices, requests, demands and other communications given or made in accordance with the provisions of the Agreement, shall be in writing and shall be given either by registered or recorded mail or by fax and shall be deemed to have been given when actually received.
* * *
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Signature Page to Follow
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IN WITNESS WHEREOF the parties hereto have caused this Agreement to be duly executed the day and year first above written.
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	Höegh LNG AS
	​
	Höegh LNG Jamaica Ltd.

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	/s/ Thor Jorden Guttormsen
	​
	/s/ Eduardo Polo

	Name: Thor Jorgen Guttormsen
	​
	Name: Eduardo Polo

	Title:   General Manager
	​
	Title:   Director

	Date:   14 March 2022
	​
	Date:   March 14th, 2022

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Page 11 of 11Exhibit 4.25
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CREW RECRUITMENT
CONSULTING SERVICES AGREEMENT
​
between
​
Hoegh LNG Maritime Management Pte. Ltd.
​
and
​
Höegh LNG Jamaica Ltd.
​
​

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TABLE OF CONTENTS
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	1
	DEFINITIONS
	3

	2
	CONSIDERATIONS
	4

	3
	PURPOSE
	4

	4
	THE SCOPE OF THE AGREEMENT
	4

	5
	DELIVERABLES
	5

	6
	THE WORKING ARRANGEMENT
	5

	7
	OBLIGATIONS OF HLMM
	5

	8
	OBLIGATIONS OF HJAM
	6

	9
	HLMM'S FEE
	7

	10
	TAXES
	7

	11
	HJAM'S PAYMENTS
	8

	12
	LIABILITY
	8

	13
	CONFIDENTIALITY
	8

	14
	TERM AND TERMINATION
	9

	15
	ASSIGNMENT
	9

	16
	MISCELLANEOUS
	9

	17
	EVENTS OF DEFAULT
	9

	18
	FORCE MAJEURE
	10

	19
	GOVERNING LAW AND DISPUTE RESOLUTION
	10

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CREW RECRUITMENT CONSULTING AGREEMENT
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This agreement (the “Agreement”) is entered into with effect from 1st March 2022 (the “Effective Date”), for the provision of professional consulting services for the recruitment process of specialized crew by and between:
​
	1)
	Hoegh LNG Maritime Management Pte. Ltd., a company incorporated and organised under the laws of Singapore with registration no. 201400632E, having its registered office at 4 Robinson Road #05-01 The House of Eden, Singapore 048543 (“HLMM”); and

​
	2)
	Höegh LNG Jamaica Ltd., a company incorporated and organized under the laws of Jamaica with registration no. 110486, having its registered office at 48 Duke Street, Kingston, Jamaica (“HJAM”).

​
HLMM and HJAM are hereinafter collectively referred to as the “Parties” and each individually as a “Party”.
​
IT IS HEREBY AGREED AS FOLLOWS:
	1
	DEFINITIONS

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	“ISM Company”
	means the legal entity managing the Vessel in compliance with the International Safety Management (ISM) and International Ship and Port Facility (ISPS) Codes.

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	“Crew Insurances”
	means insurances of liabilities in respect of Crew/Employee risks, which shall include but not be limited to death, permanent disability, sickness, injury repatriation, shipwreck unemployment indemnity and loss of personal effects.

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	“Crew/Employee(s)” 
	means trained and specialized officers hired by HJAM under the advice of HLMM.

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	“The Effective Date”
	means the date of this Agreement.

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	“Fee”
	means the fees set out in Clause 9 of this Agreement.

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	“Requirement Specifications”
	means the requirements set and described by HLMM, as per the Qualification Specifications from HJAM pursuant to this Agreement regarding the qualifications of the Crew/ Employee(s) that is to be hired by HJAM for the operation of the Vessel.

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	“Qualification Specifications”
	means the qualification standards set by HJAM for the provision of professional consulting services by HLMM for the recruitment process of specialized Crew substantially in the form attached as Appendix 1 hereto.

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	“Deliverable”
	means any written advice, including but not limited to reports, e-mails, spreadsheets, presentations or any other document provided by HLMM in response to any Qualification Specifications placed by HJAM or otherwise under this Agreement.

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	“Vessel”
	means the FSRU Höegh Gallant”, IMO No. No. 9653678, which, at the date of this Agreement, is flagged under the Norwegian flag.

	2
	CONSIDERATIONS

​
	A.
	HLMM and HJAM are both companies in the Höegh LNG Group, with ultimate owner Höegh LNG Holdings Ltd., a leading owner and operator of floating storage and regasification units (FSRUs). The Höegh LNG Group has operations in different jurisdictions such as, but not limited to, Jamaica, Lithuania, India, Singapore and Norway.

​
	B.
	HLMM is an international recruitment, training and employment company for specialized LNG seafarers, which holds a Certificate of Authorisation to Operate A Seafarer Recruitment and Placement Service issued by the Maritime and Port Authority of Singapore (Certificate number 16S8361) and which has access to Crew/Employee(s) duly trained as such seafarers.

​
	C.
	HJAM is or will be the contractor under the Operation and Services Agreement (“OSA”) executed with New Fortress Energy South Holdings Ltd. (“NFE”),

	3
	PURPOSE

​
Due to the special need of HJAM to engage specialized and qualified personnel in order to properly operate the Vessel, HLMM, a company with the required expertise, agrees to provide its professional consulting services to HJAM.
​
The consulting services will be rendered as provided for under this Agreement in an autonomous, independent and self-managed way.
​
The Crew/Employee(s) will enter into employment agreements with HJAM.
	4
	THE SCOPE OF THE AGREEMENT

​
Subject to the terms of this Agreement, HLMM agrees, under its sole responsibility, technical, administrative and financial autonomy, to provide professional consulting services to HJAM in connection with the recruitment of Crew/Employee(s) by HJAM for work on board the Vessel, including but not limited to the following:
​
	(i)
	Follow the Qualification Specifications set by HJAM, that are to be met by the individuals intending to be hired as Crew/Employee(s) of HJAM, including but not limited to the type of competence and experience that such Crew/Employee(s) should possess in order to participate in the recruitment process;

​
	(ii)
	Evaluate and recommend to HJAM the individuals that meet the Qualification Specifications;

​
	(iii)
	Ensure that the individuals selected meet all the requirements, are duly trained and capable to properly operate the Vessel in Jamaica;

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	(iv)
	Ensure that the individuals selected have in place all the required insurances in order to render their services on-board the Vessel;

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	(v)
	Keep a back-up or contingency pool of potential individuals for hire by HJAM, for those extraordinary events in which HJAM is in the need to rotate/replace its Crew/Employee(s), for any reason whatsoever on a short notice;

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	(vi)
	Make the relevant and necessary arrangements, even with third parties, in order to identify the potential Crew/Employee(s) of HJAM; and,

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	(vii)
	Handle any other matters in furtherance to HJAM’s recruitment process, including but not limited to suggestions and advice pertaining to the specific individuals that should be considered in the processes that are to be carried out in order to fill the open positions for the Vessel Crew/Employee(s), in order to ensure that each and all of the Crew/Employee(s) are trained as specialized and technical seafarers.

​
	(viii)
	After HJAM has accepted each individual for employment, HLMM and its sub contractors have both the obligation and right to issue and sign the Employment Agreement (“EA”), on behalf of HJAM. HJAM shall pre-approve the EA format and conditions.

​
	(ix)
	HLMM shall arrange travel and other travel formalities for Crew/Employee(s) and inform HJAM accordingly.

​
	(x)
	HJAM shall arrange visa and working permits for the Crew/Employee(s) when applicable.

​
	(xi)
	HLMM will provide all its services from its office in Singapore. 

	5
	DELIVERABLES

​
In response to the Qualification Specifications set by HJAM, HLMM shall identify and suggest individuals to be employed by HJAM in order to fill the required positions on-board the Vessel.
​
HLMM will include the CV and any other relevant information in connection with the suggested individuals.
​
As the Crew/Employee(s) will be employed by HJAM on a definite basis, HLMM shall provide information and suggest individuals on an ongoing basis, ensuring that all required positions on-board the Vessel are filled at any point in time.
​
Deliverables as well as any other information to be sent among the Parties may be sent via e-mail.
	6
	THE WORKING ARRANGEMENT

​
Once the recruitment processes have been concluded, the selected individuals will be hired by HJAM under EAs. During the term of these EAs, the Crew/Employee(s) shall be under the continued subordination, instruction and supervision of HJAM following orders, related but not limited to, safety and navigation, avoidance of pollution and protection of the environment.
​
When the Crew/Employee(s) are working on-board the Vessel, they shall be bound by the rules and guidelines laid down by HJAM and the ISM Company.
	7
	OBLIGATIONS OF HLMM

​
Due to the need of specialized personnel to operate the Vessel properly, according to the specialized competence required in the relevant industry, HLMM shall be responsible for providing adequate and accurate advice in connection with the recruitment process, according to the scope described in Clause 4 (The Scope of the Agreement) above.
​
Before suggesting any individual as eligible for any vacant position, HLMM shall ensure that each of the suggested individuals complies with the formal qualifications and other specific criteria required as per the Qualification Specifications. HLMM’s responsibility in relation to the Crew/Employee(s) formal
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qualification and other specific criteria is limited to the exercise of due diligence in the selection process, which can be documented.
​
HLMM shall select and recommend to HJAM such individuals that could qualify as Crew/Employee(s) of HJAM in accordance with the applicable Qualification Specifications. If the suggested individuals do not meet the applicable Qualification Specifications and/or are not employed by HJAM, HLMM shall as soon as possible provide HJAM with additional suggestions of qualified individual(s) fulfilling such Qualification Specifications. HLMM shall have a quality system verifying that HLMM’s services satisfy HJAM’s needs and requirements. HLMM is not responsible towards HJAM if a matter for which HJAM is responsible prevents the Crew/Employee(s) from conducting the work in a satisfying manner. The same applies for matters for which a third party is responsible.
​
HLMM shall ensure a back-up of individuals that meet the Qualification Specifications and therefore could immediately be hired as Crew/Employee(s) of HJAM for those extraordinary events in which HJAM must fill a position more quickly than normal.
​
The cost for such contingency pool service is to be agreed between the Parties on an annual basis and paid by HJAM at cost. The budget for such costs for 2022 is included in Appendix 2.
​
HLMM shall arrange for competence development services, which include the training required to assure that there are available candidates that have the skills and qualifications required for the proper operation of the Vessel.
​
The cost for such competence development/training is to be agreed between the Parties on an annual basis and paid by HJAM at cost.  The budget for such costs for 2022 is included in Appendix 2.
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HLMM shall ensure that the Crew/Employee(s) are covered by satisfactory insurances. However, HJAM will arrange the Protection and Indemnity (P&I) Insurance. The cost for such insurances is to be agreed between the Parties on an annual basis and paid by HJAM at cost.
​
The budget for such costs for 2022 is included in Appendix 2.
​
HLMM shall obtain from the potential Crew/Employee(s) the relevant authorization in order to collect, treat and transfer their personal data to HJAM for the purposes agreed to in this Agreement.
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HLMM shall avoid any intervention in the main activities of HJAM that are not related to the purpose of this Agreement.
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HLMM agrees to observe and comply with all laws and any other regulation relating to its business, and to meet any and all legal requirements arising from the implementation of the services. HLMM will exclusively be responsible for the imposition of all fines or penalties and any injury suffered by HJAM due to the lack of compliance of HLMM’s obligations foreseen in this Clause 7.
	8
	OBLIGATIONS OF HJAM

​
HJAM shall provide HLMM with the Qualification Specifications.
​
HJAM shall exercise subordination as the unique employer of the Crew/Employee(s) when such Crew/Employee(s) are working on-board the Vessel. Thus, HJAM shall ultimately be responsible for the daily management and guidance of the Crew/Employee(s) and the work to be conducted.
​
During the term of the EAs and when Crew/Employee(s) are working on-board the Vessel, HJAM, as employer party, is responsible for the working conditions on the work place being in compliance with applicable rules and regulations and that the work conditions are arranged in order for the Crew/Employee(s) to be able to conduct their work.
​
HJAM shall ensure that the requirements of the laws of the Vessel’s flag state are satisfied (including compliance with all applicable Maritime Labour Convention provisions).
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HJAM shall ensure that the Crew/Employee(s), before entering the Vessel, are properly familiarised with their duties in accordance with the ISM Code and the Vessel’s Ship Management Systems (SMS) and that instructions essential to the SMS are identified, documented and given to the Crew/Employee(s) prior to sailing.
​
HJAM shall ensure that the Employee(s) shall be bound by HJAM’s safety instructions and work regulations and other regulations relevant for the workplace and the work to be performed. HJAM shall be responsible for providing the Employee(s) with relevant training and information on necessary HSSEQ rules applicable for the workplace and the work to be performed.
​
HJAM shall be solely responsible for damage/loss/lack of work performance caused by any act or omission of the Crew/Employee(s) during the performance of the work, causing damage or loss to HJAM or a third party.
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HJAM is responsible for compliance with applicable rules and regulations relevant for the Crew/Employee(s) and the work to be conducted.
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HJAM shall provide HLMM with information and documentation necessary in order for HLMM to fulfil its obligations according to this Agreement. HJAM shall as soon as possible provide HLMM with such information and documentation as requested by HLMM. This includes approval of suggested Crew/Employee(s) from HLMM to be employed by HJAM.
​
HJAM will arrange the Protection and Indemnity (P&I) Insurance.
	9
	HLMM'S FEE

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In consideration of the services provided pursuant to this Agreement, HLMM shall have the right to receive from HJAM the following fees     :
​
	(i)
	An amount corresponding to an agreed proportion of HLMM’s direct and indirect administrative costs (including for the avoidance of doubt, both HLMM man hours and any relevant work/service of any HLMM sub-contractor);

​
	(ii)
	The amount paid by HLMM to any manning agent or third party used for obtaining candidates suitable for each recruitment process;

​
	(iii)
	HLMM shall add a 5% mark-up on the invoiced amounts under para 9 (i) – (ii).

​
	(iv)
	All other expenses related to the services by HLMM to HJAM shall be regarded as “Cost pass through” and not valid as the basis for any mark-up.

	10
	TAXES

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HJAM shall be liable for and shall pay any applicable withholding taxes, customs, duties, levies, excise taxes (including without limitation value added tax, goods and services tax, use tax and sales tax), deductions or other similar charges imposed by Jamaican tax authorities or other Jamaican governmental bodies on HLMM or on the Services.
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For the avoidance of doubt, HJAM shall in no event be responsible for the payment of any taxes relating to or arising from (i) HLMM's net income (except if imposed in Jamaica), (ii) HLMM's employees or (iii) HLMM's breach of this Agreement.
In circumstances where (i) HJAM has paid and/or compensated HLMM in respect of taxes imposed in Jamaica upon HLMM and HLMM obtains a corresponding deduction from net income taxes in respect of such taxes in their applicable country of domicile; HLMM shall reimburse HJAM for the net amount of such deduction.
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	11
	HJAM'S PAYMENTS

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HLMM shall on a monthly basis submit specified invoices for services rendered in the preceding calendar month. Fees that are calculated on a yearly basis will also be invoiced on a monthly basis in proportionate monthly payments. All undisputed invoices shall be paid within fifteen (15) days of receipt of such invoice by transfer to HLMM’s bank account specified by HLMM on the invoice. All payments to HLMM shall be made in USD.
​
If HJAM fails to pay at the agreed time, HLMM shall be entitled to claim interest in the amount of three months LIBOR plus 3 % per annum on any overdue amount.
	12
	LIABILITY

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HLMM will take reasonable care in performing the services, and HLMM has no reason to believe any information presented by HJAM to be untrue. The Parties agree that HJAM’s own knowledge of its requirements is greater, and that it is therefore HJAM’s sole responsibility to satisfy itself as to the skills and suitability of the Crew/Employee(s). By allowing the commencement of services, HJAM acknowledges that it has satisfied itself as to such skills and suitability.
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HJAM acknowledges and agrees that the Crew/Employee(s) is under the control of HJAM, and therefore HLMM is not liable for any wrongful negligent or unlawful acts defaults or omissions of the Crew/Employee(s) whilst performing his employment.
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Neither Party enters this Agreement on the basis of or relying on any representation, warranty or other provision except as expressly provided in writing, and all other terms implied by statute or common law are excluded so far as legally permitted. Liability or remedy for innocent or negligent (but not fraudulent) misrepresentation is excluded.
​
Liability is neither excluded nor limited for death, personal injury, fraud, repudiatory breach, or otherwise where it is not lawful to do so.
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Subject thereto,
​
	(a)
	liability for consequential loss or damage of any kind or for loss of profit, business, revenue, goodwill or anticipated savings is expressly excluded;

​
	(b)
	the total liability of HLMM and any person providing services on its behalf is limited to the 5% service fee in Clause 9 (iii) for      one (1) year; and

​
	(c)
	these provisions on limitation and exclusion shall operate for the benefit of all potentially liable persons.

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	13
	CONFIDENTIALITY

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The Parties acknowledge that during the performance of the services hereunder, each of the Parties may receive from the other Party personal information subject to legal protection. Each Party shall process, use and collect the information provided by the other Party in accordance with applicable laws.
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Information that comes into the possession of the Parties in connection with the Agreement and the implementation of the Agreement shall be kept confidential and shall not be disclosed to any third party without the consent of the other Party.
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The confidentiality obligation shall apply to the Parties’ employees, subcontractors and other third parties who act on behalf of the Parties in connection with the implementation of the Agreement. The Parties may only transmit confidential information to such subcontractors and third parties to the extent necessary for the implementation of the Agreement and provided that they are subjected to confidentiality obligation corresponding to that stipulated in this Clause 13.
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The confidentiality obligation shall continue to apply after the expiry of the Agreement.
	14
	TERM AND TERMINATION

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This Agreement shall come into effect from the date stated at the beginning of the Agreement and shall continue until terminated by either Party in accordance with this Clause 14.
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This Agreement shall be terminated by either Party upon giving three (3) months prior written notice to the other Party.
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The Parties are entitled to terminate this Agreement with immediate effect if the other Party is in material breach of this Agreement, and the Party in breach has not rectified the situation within thirty (30) days after receiving a written notice from the Party claiming the breach.
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Termination of this Agreement shall not affect any accrued rights of either Party nor shall it affect the coming into force or the continuance in force of any provision of this Agreement, which is expressly or by implication intended to come into or continue in force on or after such termination.
	15
	ASSIGNMENT

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The Parties shall have the right to assign this Agreement and the rights and obligations hereunder without the prior written consent of the other Party to an affiliate of the relevant Party.
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This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective permitted successors and assigns.
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Nothing contained in this Agreement is intended to confer upon any person other than the Parties hereto and their respective successors and assigns any rights and remedies under or by reason of this Agreement.
	16
	MISCELLANEOUS

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If any provision of this Agreement should be found to be illegal or invalid, such provision shall form no part of this Agreement, and the other provisions shall remain unaffected by such circumstances.  The Parties shall in such case in good faith use all reasonable efforts to agree a different term that is not illegal or invalid and which as nearly as possible reflects the intentions of the Parties.
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This Agreement constitutes the entire understanding between the Parties with respect to the subject matter hereof and shall not be altered, modified or amended except in writing executed by both Parties.
	17
	EVENTS OF DEFAULT

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There is an event of default if either Party fails to perform its duties under the Agreement. Events of default shall be notified to the Party in default by a written complaint without undue delay after the event of default has been discovered or ought to have been discovered.
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Each Party may claim damages in respect of any direct loss arising from events of default in accordance with this Clause 17.
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	18
	FORCE MAJEURE

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Neither Party shall be liable for any loss, damage or delay due to any of the following force majeure events and/or conditions to the extent that the Party invoking force majeure is prevented or hindered from performing any or all of their obligations under this Agreement, provided they have made all reasonable efforts to avoid, minimise or prevent the effect of such events and/or conditions:
​
	-
	acts of God;

	-
	any Government requisition, control, intervention, requirement or interference;

	-
	any circumstances arising out of war, threatened act of war of warlike operations, acts of terrorism, sabotage or piracy, or the consequences thereof;

	-
	riots, civil commotion, blockades or embargoes;

	-
	epidemics;

	-
	earthquakes, landslides, floods or other extraordinary weather conditions;

	-
	strikes, lockouts or other industrial action, unless limited to the Employees (which shall not include the Crew) of the Party seeking to invoke force majeure;

	-
	fire, accident explosion except where caused by negligence of the Party seeking to invoke force majeure; and

	-
	any other similar cause beyond the reasonable control of either Party.

	19
	GOVERNING LAW AND DISPUTE RESOLUTION

​
This Agreement is governed by and shall be construed in accordance with English Law.
​
The Parties hereto irrevocably submit to the jurisdiction of the courts in London, England.
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***
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​

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This Agreement has been prepared in two (2) originals, of which each Party has received one.
	​

	​

	​

	Hoegh LNG Maritime Management Pte. Ltd.
	​

	​
	​

	​
	​

	By:
	/s/ Parthsarthi Jindal
	​

	​
	​
	​

	Name: Parthsarthi Jindal
	​

	Title: Director
	​

	Date:
	​

​
	​

	​

	​

	Höegh LNG Jamaica Ltd.
	​

	​
	​

	​
	​

	By:
	/s/ Eduardo Polo
	​

	​
	​
	​

	Name: Eduardo Polo
	​

	Title: Director
	​

	Date: 16/03/2022
	​

​
​
Enclosures:
Appendix 1Qualification Specifications
Appendix 2Budget 2022
​
​

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APPENDIX 1
​
QUALIFICATION SPECIFICATIONS
​
As a minimum, HJAM would require Crew/Employee(s) that will allow HJAM to comply with the following requirements set out in the FSRU Operation and Services Agreement (“OSA”) between HJAM and NFE:
​
		●	The Vessel shall have a full and efficient complement of master, officers and crew for a vessel of her tonnage, which shall in any event be not less than the number and nationality required by the laws of the flag registry and under Jamaican Laws and who shall be trained to operate the Vessel and her equipment competently and safely.

​
		●	All shipboard personnel shall hold valid certificates of competence in accordance with the requirements of the laws of the flag registry and any requirements of Jamaican Laws necessary for the Vessel to trade therein.

​
		●	All shipboard personnel shall be trained and certified to a standard customary for a Reasonable and Prudent Operator (as defined in the OSA) and in accordance with the relevant provisions of the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers, 1995 or any additions, modifications or subsequent versions thereof.

​
In addition, the following requirements will apply:
​
		●	Training matrix for each position on board with future revisions and modifications.

​
		●	Other training and competence requirements that may be communicated between the Parties.

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APPENDIX 2
​
BUDGET 2022
​
	Crew contingency pool:
	USD
	6,700

	Competence development services:
	USD
	130,000

	Insurance costs:
	USD
	65,000

​

Page 13 of 13

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