EXHIBIT 10.25
Cadeler Ltd
Execution Version
AMENDMENT LETTER
PRIVATE & CONFIDENTIAL
| From: | The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch as facility agent under the Facility Agreement (defined below) (the Facility Agent) |
…
18,068 total material contract exhibits.
Cadeler Ltd
Execution Version
AMENDMENT LETTER
PRIVATE & CONFIDENTIAL
| From: | The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch as facility agent under the Facility Agreement (defined below) (the Facility Agent) |
…
Cadeler Ltd
CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE OF INFORMATION THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. REDACTED INFORMATION HAS BEEN MARKED AS “[REDACTED]”.
| Confidential | Execution Version |
| YIC/1001402419 | |
| €500m Facility Agreement |
…
Cadeler Ltd
CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE OF INFORMATION THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. REDACTED INFORMATION HAS BEEN MARKED AS “[REDACTED]”.
SHIPBUILDING CONTRACT
FOR
THE CONSTRUCTION AND SALE
OF
ONE (1)
WIND TURBINE INSTALLATION VESSEL
(HULL NO. N1490)
BY AND BETWEEN
CADELER A/S
AS BUYER
AND
COSCO SHIPPING (QIDONG) OFFSHORE CO., LTD.
AS BUILDER
DATED 11 AUGUST 2026
[Based on amended BIMCO Newbuildcon]
Contents
…
Cadeler Ltd
CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE OF INFORMATION THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. REDACTED INFORMATION HAS BEEN MARKED AS “[REDACTED]”.
Form of Increase Confirmation
| To: | **The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch **as Facility Agent |
| From: | **CADELER A/S **as Borrower |
| Dated: | 21 May 2026 |
Dear Sirs
**Cadeler ****- Facility Agreement dated 24 November 2025 (the Facility Agreement)**
…
Cadeler Ltd
Confidential
CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE OF INFORMATION THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. REDACTED INFORMATION HAS BEEN MARKED AS “[REDACTED]”.
Increase Confirmation
To: The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch as Facility Agent
From: CADELER A/S as Borrower
Dated: 10 July 2026
Dear Sir / Madam
Cadeler - Facility Agreement dated 24 November 2025 (the Facility Agreement)
…
Cadeler Ltd
CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE OF INFORMATION THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. REDACTED INFORMATION HAS BEEN MARKED AS “[REDACTED]”.
SHIPBUILDING CONTRACT
FOR
THE CONSTRUCTION AND SALE
OF
ONE (1)
WIND TURBINE INSTALLATION VESSEL
(HULL NO. N1491)
BY AND BETWEEN
CADELER A/S
AS BUYER
AND
COSCO SHIPPING (QIDONG) OFFSHORE CO., LTD.
AS BUILDER
DATED 11 AUGUST 2026
[Based on amended BIMCO Newbuildcon]
Contents
| PART I | - 1 - |
| PART II | - 7 - |
| DEFINITIONS | - 7 - |
| INTERPRETATION | - 9 - |
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Cadeler Ltd
Confidential
CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE OF INFORMATION THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. REDACTED INFORMATION HAS BEEN MARKED AS “[REDACTED]”.
| Dated 10 July 2026 |
|
…
Cadeler Ltd
CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE OF INFORMATION THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. REDACTED INFORMATION HAS BEEN MARKED AS “[REDACTED]”. CERTAIN SCHEDULES OR SIMILAR ATTACHMENTS HAVE BEEN OMITTED FROM THIS EXHIBIT IN ACCORDANCE WITH ITEM 601(a)(5) OF REGULATION S-K.
DATED 11 AUGUST 2026
PROJECT GROUND BIDCO LIMITED
AND
PROJECT GROUND DE BIDCO GMBH
AND
ACTEON GROUP OPERATIONS (UK) LIMITED
SHARE PURCHASE AGREEMENT
**SIDLEY AUSTIN LLP
**70 ST MARY AXE
LONDON EC3A 8BE
UNITED KINGDOM
TED DB / 103510-10140
CONTENTS
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Cadeler Ltd
CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE OF INFORMATION THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. REDACTED INFORMATION HAS BEEN MARKED AS “[REDACTED]”.
| Private & Confidential | Execution Version YIC/1001257491 |
| Dated 28 April 2026 |
**CADELER A/S
**as Borrower
DNB BANK ASA
as Agent
DNB BANK ASA
as Security Agent
DNB BANK ASA
as EIFO Agent
guaranteed by
WIND ORCA LIMITED
WIND OSPREY LIMITED
WIND SCYLLA LIMITED
CADELER INTERNATIONAL LIMITED
CADELER HOLDINGS LIMITED
CADELER UK LIMITED
SEAJACKS 3 JAPAN LLC
SEAJACKS JAPAN LLC
THIRD SUPPLEMENTAL AGREEMENT
relating to a Facilities Agreement
dated 7 December 2023
…
Cadeler Ltd
CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE OF INFORMATION THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. REDACTED INFORMATION HAS BEEN MARKED AS “[REDACTED]”.
Form of Increase Confirmation
| To: | **The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch **as Facility Agent |
| From: | **CADELER A/S **as Borrower |
| Dated: | 21 May 2026 |
Dear Sirs
Cadeler - Facility Agreement dated 24 November 2025 (the Facility Agreement)
…
SharonAI Holdings Inc.
26 August 2026
David Burns
[***]
Phone: [***]
Via Email: [***]
Dear David,
Employment offer with SharonAI Pty Ltd (ACN 645 215 194) (Employer)
** **
Further to recent discussions, we are delighted to provide you with a contract of employment.
This letter sets out particulars of your contract of employment. If you accept this offer of employment your employment contract (Contract) will be set out in:
| 1. | the terms of this letter; |
| 2. | the terms of employment (Terms), a copy of which is attached. |
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Greenland Mines Ltd
A.G.P.
August 26, 2026
Greenland Mines, Ltd.
Attn: Joseph Sinkule, Chief Executive Officer
1300 South Boulevard, Suite D
Charlotte, NC 28203
Dear Dr. Sinkule:
This letter (the “Agreement”) constitutes the agreement between A.G.P./Alliance Global Partners (the “Placement Agent”) and Greenland Mines Ltd., a Delaware corporation (the “Company”), that the Placement Agent shall serve as the exclusive placement agent for the Company, on a “best efforts” basis, in connection with the proposed placement (the “Placement”) of (i) shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) and/or (ii) pre-funded warrants to purchase shares of Common Stock (the the “Warrants,” and collectively with the Shares, the “Securities”). The Securities actually placed by the Placement Agent are referred to herein as the “Placement Agent Securities.” The terms of the Placement shall be mutually agreed upon by the Company and the purchasers of the Securities (the “Purchasers”), and nothing herein constitutes that the P
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