Quiksilver, the Aikau family and the World Surf League have agreed to terms to continue their partnership for the running of The Quiksilver in Memory of Eddie Aikau Big Wave Invitational.

After weeks of stalemate, the group offered a joint press release on Monday stating the contest would be on for this winter.

Quiksilver CEO Pierre Agnes said in the press released, “We are proud to see the tradition of The Eddie continue without interruption — a testament to our respect for Eddie Aikau, the Aikau family, the Hawaiian people and the community at large.”

RELATED: Eddie Aikau Big Wave Invitational and sponsor Quiksilver part ways, contest in jeopardy

The Eddie will run in the same manner as always, with the surf at Waimea Bay needing to be 20-feet (Hawaiian scale) or bigger for the contest to run. The one major change for this year includes the invitation of the first female in the contest’s history. Keala Kennelly has that prestigious honor as one of the alternates for this winter.

The 2016/2017 Eddie poster. Photo: Courtesy of Quiksilver

The 2016/2017 Eddie poster. Photo: Courtesy of Quiksilver

Eddie Aikau’s brother Clyde spoke to this decision in an interview with KHON 2, “I still ride big waves and I’m right in the mix on who’s doing the great riding, big wave riding, and the young lady has done tremendous riding at the big wave spots all over the world.”

RELATED: These are the female Titans of Mavericks

The 2016/2017 Eddie invitees. Photo: Courtesy of Quiksilver

The 2016/2017 Eddie invitees. Photo: Courtesy of Quiksilver

The 2016/2017 alternates are as follows: Luke Shepherd, Kai Lenny, Nathan Fletcher, Noah Johnson, Nathan Florence, Ramon Navarro, Keali Mamala, Predro Calado, Jamie Sterling, Nic Lamb, Keala Kenelly, Danilo Couto, Mark Mathews, Kalani Chapman, Ben Wilkinson, Gabriel Villaran, Damien Hobgood, Kahea Hart, Ryan Hipwood, Carlos Burle, Kyle Shipman, Danny Fuller, Anthony Tashnick and Rusty Long.

A day when The Eddie went. Photo: Courtesy of Quiksilver

A day when The Eddie went. Photo: Courtesy of Quiksilver

The Quiksilver in Memory of Eddie Aikau Big Wave Invitational opening ceremony will commence at Waimea Bay, 3 p.m. on Dec. 1, 2016.

More from GrindTV

Cast iron is what your campfire's been missing

Signal Snowboards is trying to become the Netflix of the snowboard industry

Exploring Alberta: A guide to Banff's Lake Louise Ski Resort