Deep Down, Inc. Sample Contracts

Deep Down, Inc. – Contract (July 27th, 2018)

This Chief Financial Officer Employment Release Agreement (this "Agreement") is entered into as of July 27, 2018 (the "Effective Date"), by and among the Company, as defined herein, and Charles Njuguna (the "Executive").

Deep Down, Inc. – NEWS RELEASE (November 16th, 2017)

HOUSTON, November 14, 2017 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended September 30, 2017.

Deep Down, Inc. – Transition Agreement (September 28th, 2017)

This Transition Agreement (the “Agreement”) is entered by and between Deep Down, Inc., a Nevada corporation (“Deep Down”) and Eugene L. Butler (“Butler”). Deep Down and Butler are sometimes collectively referred to as “Parties” or singularly as a “Party.”

Deep Down, Inc. – NEWS RELEASE (September 27th, 2017)

HOUSTON, September 27, 2017 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, announced today it has accepted the resignation of Executive Chairman and Chief Financial Officer, Mr. Eugene Butler, effective September 30, 2017. The Company’s Board of Directors has named current Audit Committee Chairman, Mr. Mark Carden, as Chairman of the Board and current Business Manager, Mr. Charles Njuguna, as Chief Financial Officer.

Deep Down, Inc. – NEWS RELEASE (August 15th, 2017)

HOUSTON, August 14, 2017 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended June 30, 2017.

Deep Down, Inc. – NEWS RELEASE (May 16th, 2017)

HOUSTON, May 12, 2017 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended March 31, 2017.

Deep Down, Inc. – EMPLOYMENT AGREEMENT (March 31st, 2017)

This Employment Agreement (this "Agreement") is entered into as of May 11, 2016, but is effective for all purposes as of January 1, 2016 (the "Effective Date"), by and among Deep Down, Inc., a Nevada corporation (the "Company") and Ronald E. Smith (the "Executive").

Deep Down, Inc. – EMPLOYMENT AGREEMENT (March 31st, 2017)

This Employment Agreement (this "Agreement") is entered into as of May 11, 2016, but is effective for all purposes as of January 1, 2016 (the "Effective Date"), by and among Deep Down, Inc., a Nevada corporation (the "Company") and Eugene L. Butler (the "Executive").

Deep Down, Inc. – NEWS RELEASE (March 30th, 2017)

HOUSTON, March 30, 2017 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the year ended December 31, 2016.

Deep Down, Inc. – NEWS RELEASE (November 14th, 2016)

HOUSTON, November 11, 2016 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended September 30, 2016.

Deep Down, Inc. – NEWS RELEASE (August 15th, 2016)

HOUSTON, August 12, 2016 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended June 30, 2016.

Deep Down, Inc. – NEWS RELEASE (May 23rd, 2016)

HOUSTON, May 23, 2016 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced its Board of Directors has authorized the repurchase of up to $1 million in shares of the Company’s common stock. The repurchase program will be funded from cash on hand and cash provided by operating activities.

Deep Down, Inc. – NEWS RELEASE (May 13th, 2016)

HOUSTON, May 13, 2016 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended March 31, 2016.

Deep Down, Inc. – NEWS RELEASE (March 30th, 2016)

HOUSTON, March 29, 2016 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the year ended December 31, 2015.

Deep Down, Inc. – TEXAS ASSOCIATION OF REALTORS® COMMERCIAL CONTRACT - IMPROVED PROPERTY USE OF THIS FORM BY PERSONS WHO ARE NOT MEMBERS OF THE TEXAS ASSOCIATION OF REALTORS IS NOT AUTHORIZED ©Texas Association of REALTORS®, Inc. 2014 (January 14th, 2016)
Deep Down, Inc. – NEWS RELEASE (November 16th, 2015)

HOUSTON, November 12, 2015 /PRNewswire/ --Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended September 30, 2015.

Deep Down, Inc. – NEWS RELEASE (August 12th, 2015)

HOUSTON, August 11, 2015 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended June 30, 2015.

Deep Down, Inc. – EIGHTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (June 22nd, 2015)

THIS EIGHTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) is entered into as of June 19, 2015, but effective for all purposes as of June 30, 2015 (the “Eighth Amendment Effective Date”), between DEEP DOWN, INC., a Nevada corporation (“Borrower”), and WHITNEY BANK, a Mississippi state chartered bank (the “Lender”). Capitalized terms used but not defined in this Amendment have the meanings given them in the Credit Agreement (defined below).

Deep Down, Inc. – NEWS RELEASE (May 15th, 2015)

HOUSTON, May 15, 2015 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended March 31, 2015.

Deep Down, Inc. – NEWS RELEASE (April 1st, 2015)

HOUSTON, March 31, 2015 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the year ended December 31, 2014.

Deep Down, Inc. – SEVENTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT AND WAIVER (March 31st, 2015)

THIS SEVENTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT AND WAIVER (this “Amendment”) is entered into as of March 30, 2015, but is effective for all purposes as of December 31, 2014 (the “Effective Date”), between DEEP DOWN, INC., a Nevada corporation (“Borrower”), and WHITNEY BANK, a Mississippi state chartered bank (the “Lender”). Capitalized terms used but not defined in this Amendment have the meanings given them in the Credit Agreement (defined below).

Deep Down, Inc. – NEWS RELEASE (November 14th, 2014)

HOUSTON, November 13, 2014 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended September 30, 2014.

Deep Down, Inc. – NEWS RELEASE (August 15th, 2014)

HOUSTON, August 14, 2014 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended June 30, 2014.

Deep Down, Inc. – SIXTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (May 22nd, 2014)

THIS SIXTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) is entered into as of April 15, 2014 (the “Effective Date”), between DEEP DOWN, INC., a Nevada corporation (“Borrower”), and WHITNEY BANK, a Mississippi state chartered bank (the “Lender”). Capitalized terms used but not defined in this Amendment have the meanings given them in the Credit Agreement (defined below).

Deep Down, Inc. – Carousel TERM NOTE (May 22nd, 2014)

This note has been executed and delivered under, and is subject to the terms of, the Amended and Restated Credit Agreement dated as of November 11, 2008, and amended and restated through April 14, 2010 (as amended by that certain First Amendment dated as of December 31, 2010, that certain Second Amendment dated as of April 14, 2011, that certain Third Amendment dated as of June 9, 2011, that certain Fourth Amendment dated as of the date hereof, that certain Fourth Amendment dated as of April 15, 2012, that certain Fifth Amendment dated as of March 5, 2013, that certain Sixth Amendment dated as of the date hereof, and as further amended, supplemented or restated, the “Credit Agreement”), between Borrower and Lender and is the “Carousel Term Note” referred to in the Credit Agreement. Unless defined in this note, or the context requires otherwise, capitalized terms used in this note have the meanings given to such terms in the Credit Agreement. Reference is made to the Credit Agreement fo

Deep Down, Inc. – NEWS RELEASE (May 13th, 2014)

HOUSTON, May 13, 2013 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended March 31, 2014.

Deep Down, Inc. – NEWS RELEASE (May 2nd, 2014)

HOUSTON, TX – May 2, 2014/PRNewswire/ -- Deep Down, Inc. (the “Company”) (OTCQX: DPDW), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services today announced that Mark Carden has joined its Board of Directors as an independent director, effective May 1, 2014.

Deep Down, Inc. – NEWS RELEASE (March 31st, 2014)

HOUSTON, March 27, 2013 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down" or the "Company"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the full fiscal year 2013.

Deep Down, Inc. – NEWS RELEASE (November 14th, 2013)

HOUSTON, TX – November 13, 2013/PRNewswire/ – Deep Down, Inc. (OTCQX: DPDW) (“Deep Down”), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the third quarter of 2013.

Deep Down, Inc. – NEWS RELEASE (September 16th, 2013)

HOUSTON, TX – September 11, 2013/PRNewswire/ – Deep Down, Inc. (OTCQX: DPDW) (“Deep Down”), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services today announced that it has entered into definitive agreements with a number of new and existing institutional investors in connection with a private placement, pursuant to which the Company has agreed to sell an aggregate of 4.1 million shares of its common stock at $1.80 per share, for total gross proceeds of $7.4 million. The price was calculated at a slight discount to the 30-day moving average, based on the date agreed upon in mid-August.

Deep Down, Inc. – REGISTRATION RIGHTS AGREEMENT (September 16th, 2013)

This Registration Rights Agreement (this “Agreement”) is made and entered into as of September 9, 2013, between Deep Down, Inc., a Nevada corporation (the “Company”), and each of the several purchasers signatory hereto (each such purchaser, a “Purchaser” and, collectively, the “Purchasers”).

Deep Down, Inc. – SECURITIES PURCHASE AGREEMENT (September 16th, 2013)

This Securities Purchase Agreement (this “Agreement”) is dated as of September 9, 2013, between Deep Down, Inc., a Nevada corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).

Deep Down, Inc. – NEWS RELEASE (August 13th, 2013)

HOUSTON, TX – August 13, 2013/PRNewswire/ – Deep Down, Inc. (OTCQX: DPDW) (“Deep Down”)(the “Company”), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported net income of $1.0 million, or $0.10 per diluted share, for the second quarter of 2013, an improvement of $0.4 million from the second quarter of 2012.

Deep Down, Inc. – BUILDING AND LAND LEASE AGREEMENT (June 21st, 2013)

This Building and Land Lease Agreement (“Lease”) is made effective as of the 1st day of June, 2013 (the “Commencement Date”), between W & P DEVELOPMENT CORPORATION, a Texas corporation, hereinafter referred to as “Landlord,” and Deep Down, Inc., a Delaware corporation, hereinafter referred to as “Tenant.”

Deep Down, Inc. – NEWS RELEASE (May 31st, 2013)

HOUSTON, TX – May 29, 2013/PRNewswire/ -- Deep Down, Inc. (the “Company”) (OTCQX: DPDW), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services today announced that Randolph W. Warner has joined its Board of Directors, effective May 28, 2013.