Aqua Quest International, Inc. Sample Contracts

INDEMNIFICATION AGREEMENT by and between Aqua Quest International, Inc. and Steven Maddox indemnitee INDEMNIFICATION AGREEMENT
Indemnification Agreement • December 12th, 2019 • Aqua Quest International, Inc. • Water transportation • Florida

THIS AGREEMENT is entered into, effective as September 27, 2019 of by and between Aqua Quest International, Inc., a Florida corporation (the “Company”), and Steven Maddox, INDEMNITEE (“Indemnitee”).

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Aqua Quest International, Inc. EMPLOYMENT AGREEMENT Robert H. Mayne, Jr. – Chairman
Employment Agreement • September 20th, 2019 • Aqua Quest International, Inc. • Water transportation • Florida

THIS EMPLOYMENT AGREEMENT (this "Agreement"), effective as of the Effective Date (as defined below), is entered into by and between Aqua Quest International, Inc., a Florida corporation (the "Company"), and Robert H. Mayne, Jr. (the “Executive”).

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AQUA QUEST INTERNATIONAL, INC. FORM OF SUBSCRIPTION AGREEMENT
Subscription Agreement • September 20th, 2019 • Aqua Quest International, Inc. • Water transportation • Florida

THIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES, AND NO PUBLIC MARKET IS EXPECTED TO DEVELOP FOLLOWING THIS OFFERING.

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Aqua Quest International, Inc. Employment Contract Steve W. Maddox September____, 2019 EMPLOYMENT AGREEMENT
Employment Agreement • December 12th, 2019 • Aqua Quest International, Inc. • Water transportation • Florida

EMPLOYMENT AGREEMENT (the "Agreement") entered into as of the ___th day of September 2019 and between Aqua Quest International, Inc., a Florida corporation (the "Company"), and Steve W. Maddox, an individual (the "Employee").

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RECOVERY AND RESEARCH AGREEMENT
Recovery and Research Agreement • September 20th, 2019 • Aqua Quest International, Inc. • Water transportation • Florida

This agreement (Agreement) dated as of the 29th day of MARCH, 2013, is entered into by and between Altamar Explorations LLC ("AE") of Gainesville, Florida, a Florida Domiciled Entity, and Aqua Quest International, Inc (AQI) of Tarpon Springs, Florida, a Florida Incorporated Entity. AE and AQI are each a Party and collectively referred to as the "Parties."

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August 28, 2014 CONFIDENTIAL Captain Robert Mayne Aqua Quest International Tarpon Springs, Florida 34689 Dear Robert;
Aqua Quest International, Inc. • November 19th, 2014 • New York

This letter (the “Agreement”) confirms Midtown Partners & Co., LLC (“Midtown”) engagement as exclusive placement agent for Aqua Quest International (the “Company”), in connection with the proposed private offering (the “Offering”) of $500,000 of the Company’s securities (the “Securities”). It is anticipated that the Securities will be sold only to “accredited investors” (the “Investors”), as such term as defined in Rules 501(a)(b)(c) of Regulation D, promulgated under the United States Securities Act of 1933, as amended, pursuant to an exemption from registration under Rule 506 of Regulation D.

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RECOVERY AND RESEARCH AGREEMENT Dated September 29, 2014 By and between Altamar Explorations LLC and Aqua Quest International, Inc. RECOVERY AND RESEARCH AGREEMENT
Recovery and Research Agreement • November 19th, 2014 • Aqua Quest International, Inc. • Florida

This agreement (“Agreement”) dated as of the 29th day of September 2014, is entered into by and between Altamar Explorations LLC ("AE") of Gainesville, Florida, a Florida Domiciled Entity, and Aqua Quest International, Inc. (AQI) of Tarpon Springs, Florida, a Florida corporation. AE and AQI are each a “Party” and collectively referred to as the "Parties."

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Aqua Quest International, Inc. AGREEMENT FOR EDUCATIONAL COOPERATION Dated as of September 10, 2012 Between Aqua Quest International, Inc. and the
Aqua Quest International, Inc. • November 19th, 2014

AGREEMENT FOR EDUCATIONAL COOPERATION entered into as of September ___, 2012, at Melbourne, Florida, United States of America, by and between Aqua Quest International, Inc., 719 Pent Street, Tarpon Springs, Florida 34689,(hereinafter called “Aqua Quest ”). and Marine and Environmental Systems, Florida Institute of Technology, 150 W. University Blvd., Melbourne, Florida 32901 (hereinafter called “FIT”), collectively hereinafter referred to as the "Parties" and individually as a “Party.”

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Joint Venture with North Caribbean Research, SA Memorandum Agreement
Employment Agreement • November 19th, 2014 • Aqua Quest International, Inc. • Florida

The Joint Venture shall pay the following amounts to the following during the term of the Joint Venture: Richard Berry -- $60,000 per year, paid monthly, Christopher Berry -- $500 per week, and Scott Berry -- $500 per week. Failure to make such payments shall be an event of default of Aqua Quest under the Joint Venture Agreement.

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AQUA QUEST INTERNATIONAL, INC. JOINT VENTURE WITH DENNISON BREESE
Aqua Quest International, Inc. • September 20th, 2019 • Water transportation

NOW COME THE parties, Aqua Quest International, Inc. (Aqua Quest) and Dennison Breese, who intend to enter into a profitable venture as both parties are in this transaction to make money and are not intending to turn this into a charitable undertaking.

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Aqua Quest International, Inc. AGREEMENT FOR EDUCATIONAL COOPERATION Dated as of September 10, 2012 Between Aqua Quest International, Inc. and the Florida Institute of Technology
Agreement for Educational Cooperation • September 20th, 2019 • Aqua Quest International, Inc. • Water transportation

AGREEMENT FOR EDUCATIONAL COOPERATION entered into as of September 10, 2012, at Melbourne, Florida, United States of America, by and between Aqua Quest International, Inc., 719 Pent Street, Tarpon Springs, Florida 34689, (hereinafter called “Aqua Quest”). and Marine and Environmental Systems, Florida Institute of Technology, 150 W. University Blvd., Melbourne, Florida 32901 (hereinafter called “FIT”), collectively hereinafter referred to as the "Parties" and individually as a “Party.”

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RECOVERY AND RESEARCH AGREEMENT Dated September 29, 2014 By and between Altamar Explorations LLC and Aqua Quest International, Inc. RECOVERY AND RESEARCH AGREEMENT
Recovery and Research Agreement • September 20th, 2019 • Aqua Quest International, Inc. • Water transportation • Florida

This agreement (“Agreement”) dated as of the 29th day of September 2014, is entered into by and between Altamar Explorations LLC ("AE") of Gainesville, Florida, a Florida Domiciled Entity, and Aqua Quest International, Inc. (AQI) of Tarpon Springs, Florida, a Florida corporation. AE and AQI are each a “Party” and collectively referred to as the "Parties."

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Aqua Quest International, Inc. AGREEMENT FOR EDUCATIONAL COOPERATION Dated as of September 10, 2012 Between Aqua Quest International, Inc. and the
Aqua Quest International, Inc. • December 12th, 2019 • Water transportation

AGREEMENT FOR EDUCATIONAL COOPERATION entered into as of September ___, 2012, at Melbourne, Florida, United States of America, by and between Aqua Quest International, Inc., 719 Pent Street, Tarpon Springs, Florida 34689,(hereinafter called “Aqua Quest”). and Marine and Environmental Systems, Florida Institute of Technology, 150 W. University Blvd., Melbourne, Florida 32901 (hereinafter called “FIT”), collectively hereinafter referred to as the "Parties" and individually as a “Party.”

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Aqua Quest International, Inc. AGREEMENT FOR JOINT VENTURE Dated as of July 26, 2014 Between Aqua Quest International, Inc. and Mr. Jorge Lobo
Agreement for Joint • November 19th, 2014 • Aqua Quest International, Inc.

AGREEMENT FOR JOINT VENTURE entered into as of July 26, 2014, at Tarpon Springs, Florida, United States of America, by and between Aqua Quest International, Inc., (hereinafter called “Aqua Quest”) and Jorge Lobo (hereinafter called “Jorge Lobo”), collectively hereinafter referred to as the "Parties" and individually as a “Party.”

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AQUA QUEST INTERNATIONAL, INC. JOINT VENTURE WITH DENNISON BREESE
Aqua Quest International, Inc. • November 19th, 2014

NOW COME THE parties, Aqua Quest International,Inc. (Aqua Quest) and Dennison Breese, who intend to enter into a profitable venture as both parties are in this transaction to make money and are not intending to turn this into a charitable undertaking.

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RECOVERY AND RESEARCH AGREEMENT
Recovery and Research Agreement • November 19th, 2014 • Aqua Quest International, Inc. • Florida

This agreement ("Agreement") dated as of the 10th day of December, 2013 is entered into by and between the LEGACY GROUP VENTURES LLC (FT2") of 1250 Mayview Way, Wellington, Florida 33414, a Florida Domiciled Entity, and Aqua Quest International, Inc. (AQI) of Tarpon Springs, Florida, a Florida Incorporated Entity, FT2 and AQI are each a Party and collectively referred to as the "Parties."

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