"Born Again Krabs" is an episode from season two. In this episode, Mr. Krabs makes a deal with the Flying Dutchman.
Plot[]
One night during closing, SpongeBob finds an old, moldy Krabby Patty under the grill. Mr. Krabs forbids him to make another one until the moldy Krabby Patty is sold, causing the restaurant to go for weeks without customers. When the penny-pinching crab takes a bite from the patty, he ends up in the hospital with a potentially fatal case of food poisoning. Mr. Krabs makes a deal with the Flying Dutchman that he can keep his soul if he promises to never be cheap again, a deal he’s good at upholding for a while. But when Mr. Krabs loses all of his money, and finds out that the he is awake, he finds the deal too hard to uphold, and becomes cheap again. When the Flying Dutchman arrives, SpongeBob puts himself before Mr. Krabs, hoping that Mr. Krabs will prove himself to be not cheap. But instead, Mr. Krabs carelessly gives him to the Flying Dutchman in exchange for 62 cents. Squidward scolds Mr. Krabs for selling out the only person who stood up for him, and Mr. Krabs begins to regret having sold SpongeBob. The Flying Dutchman returns SpongeBob, but not because of Mr. Krabs’ regret for selling SpongeBob, but because SpongeBob being deemed by the Dutchman as "a fate worse than death" because he talked up a storm after just 30 seconds.