0001683168-19-002654 Sample Contracts

TRANSITION AGREEMENT

Transition Agreement • August 15th, 2019 • Deep Down, Inc. • Oil & gas field machinery & equipment • Texas

• Contract Type
  Transition Agreement
• Filed
  August 15th, 2019
• Company
  Deep Down, Inc.
• Industry
  Oil & gas field machinery & equipment
• Jurisdiction
  Texas

This Transition Agreement (the “Agreement”) is entered by and between Deep Down, Inc., a Nevada corporation (“Deep Down”) and Ronald E. Smith (“Smith”) on August 15, 2019, to be effective as of September 1, 2019. Deep Down and Smith are sometimes collectively referred to as “Parties” or singularly as a “Party.”