Document:

EX-10.3

 Exhibit 10.3 
 PREMIER EXHIBITIONS, INC. 
 RESTRICTED STOCK UNIT AWARD AGREEMENT

 (2009 Equity Incentive Plan) 
 Premier Exhibitions, Inc. (the “Company”), pursuant to its 2009 Equity Incentive Plan (the “Plan”), hereby grants to the employee listed below (the “Participant”), the number
of units (the “Units”) set forth below (the “Award”). The Award is subject to the terms and conditions of this Restricted Stock Unit Award Agreement (this “Agreement”) and the Plan, which is attached hereto as
Exhibit A and incorporated herein by reference. Any capitalized term used but not otherwise defined herein shall have the meaning ascribed to such term in the Plan. 

 

			
	 Participant:
	  	Samuel S. Weiser
		
	 Number of Units awarded:
	  	99,074
		
	 Date of Grant:
	  	June 29, 2012

 Terms of Agreement 
 1. Grant of Restricted Stock Units. Each Restricted Stock Unit shall represent the contingent right to receive one share of common stock of the Company (“Share”) and shall at all
times be equal in value to one Share. The Restricted Stock Units shall be credited in a book entry account established for the Participant until payment in accordance with Section 4 hereof. 

 2. Vesting of Restricted Stock Units. 

(a) The Restricted Stock Units shall vest on each of the Vesting Dates set forth below (each a “Vesting Date”), provided that
the Participant shall have remained in the continuous employ of the Company through the applicable Vesting Date. 
  

			
	Number of Units	  	Vesting Date
	 79,681
	  	June 29, 2012
	 669
	  	July 31, 2012
	 669
	  	August 31, 2012
	 669
	  	September 30, 2012
	 669
	  	October 31, 2012
	 669
	  	November 30, 2012
	 669
	  	December 31, 2012
	 669
	  	January 31, 2013
	 669
	  	February 28, 2013
	 669
	  	March 31, 2013
	 669
	  	April 30, 2013
	 669
	  	May 31, 2013
	 669
	  	June 30, 2013
	 669
	  	July 31, 2013
	 669
	  	August 31, 2013
	 669
	  	September 30, 2013
	 669
	  	October 31, 2013
	 669
	  	November 30, 2013
	 669
	  	December 31, 2013
	 669
	  	January 31, 2014
	 669
	  	February 28, 2014
	 669
	  	March 31, 2014
	 668
	  	April 30, 2014
	 668
	  	May 31, 2014
	 668
	  	June 30, 2014
	 668
	  	July 31, 2014
	 668
	  	August 31, 2014
	 668
	  	September 30, 2014
	 668
	  	October 31, 2014
	 668
	  	November 30, 2014

 (b) Notwithstanding Section 2(a), the Restricted Stock Units that have not yet vested under this
Section 2(a) shall immediately vest if, prior to the applicable Vesting Date, the Participant ceases to be employed with the Company and its Subsidiaries by reason of death or Disability (defined by reference to the long-term disability plan
covering the Participant that is maintained by the Company or a Subsidiary). 
 (c) Notwithstanding the provisions of
Section 2(a) and 2(b), the Restricted Stock Units will vest in accordance with the terms of Section 5(d) of the Employment Agreement between the Participant and the Company dated as of June 25, 2012, as the same may be amended from
time to time by the parties (the “Employment Agreement”), if and to the extent the applicable provisions under Section 5(d) of the Employment Agreement are triggered. 

(d) For purposes of this Section 2, the continuous employment of the Participant with the Company and its Subsidiaries shall not be
deemed to have been interrupted, and the Participant shall not be deemed to have ceased to be an employee of the Company and its Subsidiaries, by reason of the transfer of his employment among the Company and its Subsidiaries. 

3. Forfeiture of Restricted Stock Units. The Restricted Stock Units that have not yet vested pursuant to Section 2
shall be forfeited automatically without further action or notice if the Participant ceases to be employed by the Company or a Subsidiary other than as provided in Sections 2(b) or 2(c). 

4. Payment.  
 (a) Except as may be otherwise provided in this Section, the Company shall deliver to the Participant (or the Participant’s estate in the event of death) the Shares underlying the vested Restricted
Stock Units within forty (40) days following the date that the Restricted Stock Units become vested in accordance with Section 2. 

 (b) To the extent that the Participant’s right to receive payment of the Restricted
Stock Units constitutes a “deferral of compensation” within the meaning of Section 409A of the Code, then notwithstanding Section 4(a), the Shares underlying the Restricted Stock Units that become vested pursuant to
Section 2(b) or 2(c) hereof shall be subject to the following rules: 
 (i) Except as provided in Section 4(b)(ii),
the Shares underlying the vested Restricted Stock Units shall be delivered to the Participant (or the Participant’s estate in the event of death) on the 40th day after the earlier of (A) the Participant’s “separation from
service” within the meaning of Section 409A of the Code; (B) the occurrence of a “change in the ownership,” a “change in the effective control” or a “change in the ownership of a substantial portion of the
assets” of the Company within the meaning of Section 409A of the Code; or (C) the applicable Vesting Date for the Restricted Stock Units set forth in Section 2(a). 

(ii) If the Participant is a “specified employee”, within the meaning of Section 409A of the Code (as determined pursuant
to the Company’s policy for identifying specified employees) on the date of the Participant’s separation from service, then to the extent required to comply with Section 409A of the Code, the Shares underlying the vested Restricted
Stock Units shall instead be delivered to the Participant on the first business day that is more than six months after the date of his or her separation from service (or, if the Participant dies during such six-month period, within forty
(40) days after the Participant’s death). 
 (c) The Company’s obligations with respect to the Restricted Stock
Units shall be satisfied in full upon the delivery of the Shares underlying the vested Restricted Stock Units. 
 5.
Transferability. The Restricted Stock Units may not be transferred, assigned, pledged or hypothecated in any manner, or be subject to execution, attachment or similar process, by operation of law or otherwise, unless otherwise provided under
the Plan. Any purported transfer or encumbrance in violation of the provisions of this Section 5 shall be void, and the other party to any such purported transaction shall not obtain any rights to or interest in such Restricted Stock Units.

 6. Change in Control. The Restricted Stock Units shall be subject to the provisions of Section 19 of the Plan in
the event of a Change in Control. 
 7. Dividend, Voting and Other Rights. The Participant shall not possess any
incidents of ownership (including, without limitation, dividend and voting rights) in the Shares underlying the Restricted Stock Units until such Shares have been delivered to the Participant in accordance with Section 4 hereof. The obligations
of the Company under this Agreement will be merely that of an unfunded and unsecured promise of the Company to deliver Shares in the future, and the rights of the Participant will be no greater than that of an unsecured general creditor. No assets
of the Company will be held or set aside as security for the obligations of the Company under this Agreement. 
 8. No
Employment Contract. Nothing contained in this Agreement shall confer upon the Participant any right with respect to continuance of employment by the Company and its Subsidiaries, nor limit or affect in any manner the right of the Company and
its Subsidiaries to terminate the employment or adjust the compensation of the Participant. 

 9. Relation to Other Benefits. Any economic or other benefit to the
Participant under this Agreement or the Plan shall not be taken into account in determining any benefits to which the Participant may be entitled under any profit-sharing, retirement or other benefit or compensation plan maintained by the Company or
a Subsidiary and shall not affect the amount of any life insurance coverage available to any beneficiary under any life insurance plan covering employees of the Company or a Subsidiary. 

10. Taxes and Withholding. To the extent the Company or any Subsidiary is required to withhold any federal, state, local,
foreign or other taxes in connection with the delivery of Shares under this Agreement, then the Company or Subsidiary (as applicable) shall retain a number of Shares otherwise deliverable hereunder with a value equal to the required withholding
(based on the Fair Market Value of the Shares on the date of delivery); provided that in no event shall the value of the Shares retained exceed the minimum amount of taxes required to be withheld or such other amount that will not result in a
negative accounting impact. If the Company or any Subsidiary is required to withhold any federal, state, local or other taxes at any time other than upon delivery of the Shares under this Agreement, then the Company or Subsidiary (as applicable)
shall have the right in its sole discretion to (a) require the Participant to pay or provide for payment of the required tax withholding, or (b) deduct the required tax withholding from any amount of salary, bonus, incentive compensation
or other amounts otherwise payable in cash to the Participant (other than deferred compensation subject to Section 409A of the Code). 
 11. Adjustments. The number and kind of Shares deliverable pursuant to the Restricted Stock Units are subject to adjustment as provided in Section 15 of the Plan. 

12. Compliance with Law. The Company shall make reasonable efforts to comply with all applicable federal and state
securities laws and listing requirements with respect to the Restricted Stock Units; provided that, notwithstanding any other provision of this Agreement, and only to the extent permitted under Section 409A of the Code, the Company shall not be
obligated to deliver any Shares pursuant to this Agreement if the delivery thereof would result in a violation of any such law or listing requirement. 
 13. Amendments. Subject to the terms of the Plan, the Committee may modify this Agreement upon written notice to the Participant. Any amendment to the Plan shall be deemed to be an amendment
to this Agreement to the extent that the amendment is applicable hereto. Notwithstanding the foregoing, no amendment of the Plan or this Agreement shall adversely affect the rights of the Participant under this Agreement without the
Participant’s consent unless the Committee determines, in good faith, that such amendment is required for the Agreement to either be exempt from the application of, or comply with, the requirements of Section 409A of the Code, or as
otherwise may provided in the Plan. 
 14. Severability. In the event that one or more of the provisions of this
Agreement shall be invalidated for any reason by a court of competent jurisdiction, any provision so invalidated shall be deemed to be separable from the other provisions hereof, and the remaining provisions hereof shall continue to be valid and
fully enforceable. 
 15. Relation to Plan. This Agreement is subject to the terms and conditions of the Plan and
the Employment Agreement. This Agreement, the Plan and the Employment Agreement contain the entire agreement and understanding of the parties with respect to the subject matter contained in this Agreement, and supersede all prior written or oral
communications, representations and negotiations in respect thereto. In the event of any inconsistency between the provisions of this Agreement and the Plan and the Employment Agreement, the Plan and the Employment Agreement shall govern.
Capitalized terms used herein without definition shall have the meanings assigned to them in the Plan. The Committee acting pursuant to the Plan, as constituted from time to time, shall, except as expressly provided otherwise herein, have the right
to determine any questions which arise in connection with the grant of the Restricted Stock Units. 

 16. Successors and Assigns. Without limiting Section 5, the provisions of
this Agreement shall inure to the benefit of, and be binding upon, the successors, administrators, heirs, legal representatives and assigns of the Participant, and the successors and assigns of the Company. 

17. Governing Law. The interpretation, performance, and enforcement of this Agreement shall be governed by the laws of the
State of Florida, without giving effect to the principles of conflict of laws thereof. 
 18. Use of
Participant’s Information. Information about the Participant and the Participant’s participation in the Plan may be collected, recorded and held, used and disclosed for any purpose related to the administration of the Plan. The
Participant understands that such processing of this information may need to be carried out by the Company and its Subsidiaries and by third party administrators whether such persons are located within the Participant’s country or elsewhere,
including the United States of America. The Participant consents to the processing of information relating to the Participant and the Participant’s participation in the Plan in any one or more of the ways referred to above. 

19. Electronic Delivery. The Participant hereby consents and agrees to electronic delivery of any documents that the
Company may elect to deliver (including, but not limited to, prospectuses, prospectus supplements, grant or award notifications and agreements, account statements, annual and quarterly reports, and all other forms of communications) in connection
with this and any other award made or offered under the Plan. The Participant understands that, unless earlier revoked by the Participant by giving written notice to the Secretary of the Company, this consent shall be effective for the duration of
the Agreement. The Participant also understands that he or she shall have the right at any time to request that the Company deliver written copies of any and all materials referred to above at no charge. The Participant hereby consents to any and
all procedures the Company has established or may establish for an electronic signature system for delivery and acceptance of any such documents that the Company may elect to deliver, and agrees that his or her electronic signature is the same as,
and shall have the same force and effect as, his or her manual signature. The Participant consents and agrees that any such procedures and delivery may be effected by a third party engaged by the Company to provide administrative services related to
the Plan. 
 (Signatures are on the following page) 

 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed on its behalf by
its duly authorized officer and the Participant has also executed this Agreement, as of the Date of Grant. 
  

			
	PREMIER EXHIBITIONS, INC.
		
	By:	 	/s/ Michael Little
	Name:	 	Michael Little
	Its:	 	Chief Financial Officer and Chief Executive Officer

 The undersigned hereby acknowledges receipt of a copy of the Plan Summary and Prospectus, and the
Company’s most recent Annual Report and Proxy Statement (the “Prospectus Information”). The Participant represents that he or she is familiar with the terms and provisions of the Prospectus Information and hereby accepts the
Restricted Stock Units on the terms and conditions set forth herein and in the Plan. 
  

			
	 /s/ Samuel S. Weiser

	 Participant

	
	 Date: June 29, 2012

 EXHIBIT A 
 PREMIER EXHIBITIONS, INC. 
 2009 Equity Incentive PlanEX-10.4

 Exhibit 10.4 
 EMPLOYMENT AGREEMENT 
 This Employment Agreement (the
“Agreement”) is effective as of the 25th day of June, 2012 and is made by and between ARTS AND EXHIBITIONS INTERNATIONAL, LLC, a Florida limited liability company (the “Company”), and JOHN NORMAN (the
“Executive”). Company and the Executive may be referred to individually as a “Party” or collectively as the “Parties”. 
 WITNESSETH: 
 WHEREAS, the Executive wishes to accept employment with the
Company, an operating subsidiary of Premier Exhibitions Management LLC (“PEM”), a division of Premier Exhibitions, Inc. (“Premier”) with the title President of Arts and Exhibitions International, LLC and the Company wishes to
employ the Executive in that capacity; and 
 WHEREAS, the Parties desire to accept the terms of this Agreement in connection
with such employment; 
 AGREEMENT 
 NOW, THEREFORE, in consideration of the promises and the mutual covenants set forth in this Agreement, the delivery and sufficiency of which is acknowledged, and intending to be legally bound, the Company
and the Executive, having first incorporated the above recitals, agree as follows: 
  

	 	1.	Employment. 

 (a)
Offer/Acceptance/Effective Date. The Company hereby offers employment to the Executive, and the Executive hereby accepts employment with the Company, subject to the terms and conditions set forth in this Agreement. The effective date of this
employment and this Agreement shall be June 25, 2012 (the “Effective Date”). 
 (b) Term. The
Company’s employment of the Executive is for a fixed term and shall expire on June 25, 2014. 
  

	 	2.	Duties. 

 (a) General
Duties. The Executive shall serve as the President of Arts and Exhibitions International, LLC, a subsidiary of Premier Exhibition Management, LLC. The Executive shall perform duties that are customary for presidents of operating divisions in the
Company’s industry and shall perform any additional duties that are reasonably assigned to him by Premier’s Board of Directors, Chief Executive Officer or Chief Operating Officer from time to time. 

 (b) Best Efforts. The Executive shall: (a) conduct himself in furtherance of
Company’s business at all times with integrity and in an ethical manner; (b) devote substantially all of his professional time and effort, working time, energy, and skill (vacations and absences due to illness excepted) to the duties of
his employment; (c) perform his duties faithfully, loyally, and industriously, and in a manner that accords with the fiduciary relationship that a senior executive officer owes to his employer; and (d) follow and implement diligently all
lawful management policies and decisions of the Company. 
 (c) Location of Employment. The Executive shall work at the
Company’s headquarters located at 3340 Peachtree Road, NE, Suite 900, Atlanta, GA 30326, or wherever the Company’s headquarters shall move from time to time, provided that Executive may work remotely from other locations up to 40% of the
work week, or as approved by Premier’s CEO. 
  

	 	3.	Compensation and Expenses. 

 (a) Base Salary. For the services of the Executive to be rendered by him under this Agreement, the Company will pay the Executive an annual base salary of three hundred twenty thousand dollars
($320,000) (the “Base Salary”). The Company shall pay the Executive his Base Salary in equal installments no less than semi-monthly. 
 (b) Performance Bonus. The Executive shall be eligible for an “Annual Performance Award” equal to the sum of the following: 

 

	 	(i)	A “Division Bonus” equal to 15% of the portion of the PEM Management Fee, as defined in the Promissory Note between Arts and Exhibitions International, LLC
(formerly PEM Newco, LLC), and AEG Live, LLC dated April 20, 2012, that exceeds the minimum PEM Management Fee provided for in Section 6 of that Promissory Note; and 

 

	 	(ii)	A “New Content Bonus” equal to 10% of the gross profit on any new content developed by the Company that is not currently being developed by Company as of the
date of this Agreement; and 

  

	 	(iii)	A “Segment Bonus” equal to 2.5% of the EBITDA of Premier Exhibition Management, LLC; 

 provided that, in any event, the Annual Performance Award payable under this Section shall be capped at 100% of Executive’s Base Salary. 
 Net income and gross profit shall have their definitions under GAAP. The Annual Performance Award for the first year shall be based on results from June 25, 2012, through June 25, 2013; The
Annual Performance Award for the second year shall be based on results from June 26, 2013, through February 28, 2014; the Annual Performance Award thereafter (to the extent the Executive remains employed by the Company) shall be based on
fiscal year results (in each case, the “Performance Bonus Period”). The Annual Performance Award shall be paid by the Company in cash no later than 60 days following the end of the Performance Bonus Period. Notwithstanding the foregoing,
any amounts earned by Executive under this Section that exceed $50,000 for the year may be paid, at the Company’s election, in cash or in an equal split of caash and unrestricted shares of Premier issued under a Premier-sponsored equity plan
that has been approved by Premier’s stockholders. 

 (c) Expenses. In addition to any compensation received pursuant to this
Section 3, the Company shall reimburse the Executive for all reasonable, ordinary and necessary travel, lodging, meals and entertainment and approved office expenses incurred in connection with the performance of his duties under this
Agreement, provided that the Executive properly accounts for such expenses to the Company in accordance with the Company’s policies and practices. 
  

	 	4.	Benefits. 

 (a) Paid
Time Off. For each calendar year during the Executive’s employment, the Executive shall be entitled to twenty-seven (27) days of paid time off without loss of compensation or other benefits to which he is entitled under this Agreement.
The Executive shall take his paid time off at such times as the Executive may select and as the affairs of the Company may permit. Unused paid time off will not carryover from calendar year to calendar year. 

(b) Employee Benefit Programs. In addition to the compensation to which the Executive is eligible pursuant to the provisions of
Section 3 above, the Executive will be entitled to participate in any stock purchase plan, pension or retirement plan, and insurance or other employee benefit plan that is currently maintained by the Company or is maintained by the Company
during the course of Executive’s employment for its senior executive employees, including programs of life, disability, basic medical and dental, and supplemental medical and dental insurance. Executive’s coverage under all such medical
and dental insurance shall be in effect as of the Effective Date. Any such participation is subject in all respect to the terms and conditions of such plans and programs. 

 

	 	5.	Termination. 

 (a) Termination
for Cause. If the Company terminates the Executive’s employment for “Cause,” no Severance Payment under this Agreement will be payable. The Executive’s termination will be deemed termination for “Cause” upon the
occurrence of any of the following events: (i) the Executive’s failure to substantially perform duties reasonable and customary for a division President in the Exhibition Business and/or failure to comply with the covenants and other
provisions contained in this Agreement which in each case are not remedied in a reasonable period of time after receipt of written notice from the Company setting forth the nature of such failure; or (ii) fraud, misappropriation, embezzlement
or similar acts of dishonesty; or (iii) conviction of a felony or misdemeanor involving moral turpitude which in the reasonable opinion of Company’s Board of Directors will adversely affect Company or its reputation; or
(iv) intentional and willful misconduct that may subject the Employer to criminal and or civil liability. 

 (b) Company may terminate this Agreement due to Executive’s continued failure to
perform his employment duties due to physical or mental incapacity. For purposes of this Section 5(b), “incapacity” shall mean that for a period of six months in any 12-month period, the Executive is incapable of substantially
performing Executive’s employment duties after reasonable accommodation because of physical, mental or emotional incapacity resulting from injury, sickness or disease as determined by an independent physician mutually acceptable to the Company
and the Executive or his legal representative. Upon the termination of this Agreement due to the incapacity of the Executive, the Company will pay the Executive or his legal representative, as the case may be, the Severance Payment (as defined in
Section 5(c) below), provided that if any Company disability policy is in effect at the time of termination, the premiums of which have been exclusively paid by Company, the salary continuation as described in Section 5(c)(i) shall be
reduced on a dollar-for-dollar basis by the amount of payment under such disability policy. 
 (c) Termination without Cause
or by the Executive for Good Reason. If the Company terminates the Executive’s employment for any reason other than “for Cause,” or if the Executive terminates his employment with the Company for “Good Reason” (as
defined below in clause (d) and subject to the Company’s right to cure as also provided in such clause (d)), then provided that Executive signs a release of any employment related claims in a form provided by the Company within the later
of 30 days after the date of termination or receipt of such release, and the release becoming effective and irrevocable in accordance with its terms, then (i) the Company shall continue to pay, or cause to be paid, to the Executive his Base
Salary for the six month period commencing on the date of termination (such period, the “Severance Period”), payable over the Severance Period in equal semi-monthly or other installments (not less frequently than monthly), with the
installments that otherwise would be paid within the first 40 calendar days after the date of termination being paid in a lump sum (without interest) on the 40th day after the date of termination and the remaining installments being paid as
otherwise scheduled assuming payments had begun immediately after the date of termination, and (ii) the Company shall pay to Executive a pro-rated Division Bonus and New Content Bonus earned up until the date of termination; and a portion of
the Segment Bonus equal to (x) 33% of the Segment Bonus that would have been earned for the Performance Bonus Period if the termination occurs after December 25, 2012, (y) 66% of the Segment Bonus that would have been earned for the
Performance Bonus Period if the termination occurs after March 25, 2013, and (z) 100% of the Segment Bonus that would have been earned for the Performance Bonus Period if the termination occurs after June 25, 2013, which pro-rated
bonuses shall be paid on the 40th day after the date of termination (clauses (c)(i) and (ii) are collectively, the “Severance Payment”). Such Severance Payment shall be the sole and exclusive contractual remedy (specifically including
all other claims to unearned compensation (of whatever sort) arising from Section 3 of this Agreement) available to the Executive related to the termination. However nothing in this provision shall be construed as a knowing and voluntary waiver
of any claims that have not accrued as of the Effective Date. 

 (d) “Good Reason” means and shall be deemed to exist if, without the
Executive’s prior consent, (a) there is a reduction by the Company of the Executive’s base salary; (b) the Company without just cause fails to pay the Executive’s accrued compensation or to provide for the Executive’s
accrued benefits when due consistent with written Company policy; (c) material breach of this Agreement by Company; or (d) imposing conditions of employment inconsistent with those that are reasonable and customary for a division President
in the Exhibition Business. The Executive is required to provide notice of the Good Reason within the later of 90 days of its occurrence or when Employee actually knew or should have reasonably known of its occurrence. In the event the Executive
intends to terminate his employment with the Company for Good Reason, his prior written notice shall specify the particular act or acts, or failure to act, which is or are the basis for the Executive’s decision to so terminate his employment
for Good Reason. The Company shall be given 30 days after such notice to correct such act or failure to act, if it is subject to cure. Upon failure of the Company, within such 30 day period, to correct such act or failure to act, if it is subject to
cure, if the Executive terminates his employment with the Company within 180 calendar days after the initial occurrence of the circumstance constituting Good Reason, a Severance Payment will be payable under this Agreement. 

(e) If the Executive terminates his employment with the Company for any reason other than Good Reason, the Executive shall not be
entitled to any Severance Payment under this Agreement.
 (f) In the event of a Change in Control, Executive will be entitled to
receive the Severance Payment if such payment is due pursuant to Section 5(c) or 5(d) herein. “Change in Control” means the acquisition by any individual, entity or group (within the meaning of Section 13(d)(3)
or 14(d)(2) of the Securities Exchange Act of 1934), other than Sellers Capital, LLC or an affiliated entity of Sellers Capital, LLC, of substantially all of the assets or beneficial ownership of 50% or more of the then outstanding shares of common
stock of Premier. 
  

	 	6.	Restrictive Covenants. 

(a) Acknowledgments. The Executive and the Company agree that the Executive is being employed in an important fiduciary capacity
with the Company and that the Company is engaged in a highly competitive business. The Executive and the Company further agree that it is appropriate to place reasonable limits as set forth herein on his ability to compete with the Company to
protect and preserve the legitimate business interests and goodwill of the Company. Notwithstanding the preceding sentence, no provision of this Agreement is intended to, nor will it be read or interpreted to preclude or interfere with
Employee’s ability to own, in whole or in part, market, advertise, merchandise, or operate “Diana – A Celebration” or any future adaptations thereof. 

 (b) General Restrictions. 

(i) For purposes of this Agreement, “Restricted Period” shall mean the period beginning on the commencement of the
Executive’s employment with the Company and ending twelve (12) months after the termination thereof, regardless of the reason for the termination. Executive and Company expressly agree that, notwithstanding this provision, the non-compete
provisions of Section 17.1 of the Employment Agreement included as Exhibit B to the Purchase Agreement between Magic Arts & Entertainment – Florida, Inc, John Norman and AEG Exhibitions LLC dated October 20, 2006 shall remain
in full force and effect in accordance with its terms. A business shall be considered “Competitive with Premier” if it is engaged in the Exhibition Business (regardless of the venue of the exhibition) or is engaged in a line of business in
which Premier becomes engaged during the tenure of Executive’s employment with the Company. 
 (ii) During the Restricted
Period, the Executive will not engage or participate in or finance (or take active steps to prepare to engage or participate in or finance, or to accept an offer of employment or a contractual relationship to engage or participate in or finance),
directly or indirectly, as principal, agent, employee, employer, consultant, investor or partner, or assist in the management of, or own any stock or any other ownership interest in, any business that is Competitive with Premier. For avoidance of
doubt, the Executive will not be prohibited during the last six months of the Restricted Period from acting as a consultant for other companies, provided that Executive will not be permitted to provide consulting services to companies that are
Competitive with Premier. Notwithstanding the foregoing, the ownership of not more than five percent (5%) of the outstanding securities of any company listed on any public exchange or regularly traded in the over-the-counter market, assuming
the Executive’s involvement with any such company is solely that of a security holder, shall not constitute a violation of this Section. 
 (c) Non-Solicitation Covenants. 
 (i) During the Restricted Period and for
twelve (12) months after the Restricted Period, the Executive will not directly or indirectly, for himself or on behalf of another, solicit, or attempt to solicit, any officer, member, manager, contractor, consultant, executive or employee of
the Company to leave, terminate or minimize his engagement or relationship with the Company or to accept employment or an engagement or relationship elsewhere if so accepting would involve leaving, terminating or minimizing his employment,
engagement or contractual relationship with the Company. 
 (ii) During the Restricted Period and for twelve (12) months
after the Restricted Period, the Executive will not directly or indirectly, for himself or on behalf of another, solicit, or attempt to solicit, any of the Company’s customers or clients, or any of the Company’s prospective customers or
clients that the Executive knew were being targeted by the Company during the Executive’s employment. Notwithstanding the foregoing, after the end of the Executive’s employment with the Company the restriction in this Section shall apply
only to customers or suppliers or prospects that were being targeted by Company during his employment and with whom the Executive had material contact during his employment with the Company and nothing in the subparagraph (ii) shall be deemed
to prohibit the Executive from calling upon or soliciting a customer or supplier that were being targeted by Company during his employment if such action relates solely to a business which is not Competitive with Premier. For purposes of the
Section, “material contact” with a customer, supplier or prospect includes (A) direct personal contact with such parties, (B) direct supervision of other employees or personnel of the Company who have direct personal contact with
such parties; provided that Executive knew or should reasonably have known of the business dealings with such customer, supplier or prospect, or (C) substantial knowledge of non-public information about the Company’s business relationship
with or business strategies with respect to such parties. 

 (iii) Executive and Company expressly agree that, notwithstanding this provision, the
non-solicitation provisions of Section 17.2 of the Employment Agreement included as Exhibit B to the Purchase Agreement between Magic Arts & Entertainment – Florida, Inc, John Norman and AEG Exhibitions LLC dated October 20,
2006 shall remain in full force and effect in accordance with its terms. 
 (d) Notice to Future Employers. If the
Executive leaves the employ of the Company for any reason, (i) the Executive shall, during the Restricted Period, inform any subsequent employers or business partners of the existence and provisions of Sections 6(b) and/or (c) of this
Agreement and, if requested, provide a copy of such sections to such employer or business partner, and (ii) the Company may, during the Restricted Period, notify any future employer or business partner of the Executive of the existence and
provisions of such sections of this Agreement. 
 (e) THE EXECUTIVE REPRESENTS AND WARRANTS THAT THE KNOWLEDGE, SKILLS AND
ABILITIES HE POSSESSES AT THE TIME OF COMMENCEMENT OF HIS EMPLOYMENT ARE SUFFICIENT TO PERMIT HIM, IN THE EVENT OF TERMINATION OF HIS EMPLOYMENT WITH THE COMPANY, TO EARN A LIVELIHOOD SATISFACTORY TO HIMSELF WITHOUT VIOLATING ANY PROVISION OF THIS
AGREEMENT, FOR EXAMPLE, BY USING SUCH KNOWLEDGE, SKILLS AND ABILITIES, OR SOME OF THEM, IN THE SERVICE OF A NON-COMPETITOR. 

(f) Disclosure of Confidential Information. The Executive acknowledges that during his employment with the Company he will gain
and have access to confidential information regarding the Company and its subsidiaries and affiliates. The Executive acknowledges that such confidential information as acquired and used by the Company or any of its subsidiaries or affiliates
constitutes a special, valuable and unique asset in which the Company or any of its subsidiaries or affiliates, as the case may be, holds a legitimate business interest. All records, files, materials, methods of operation, trade secrets, customer
information, personnel information and other confidential information (the “Confidential Information”) obtained by the Executive in the course of his employment with the Company shall be deemed confidential and proprietary and shall remain
the exclusive property of the Company or any of its subsidiaries or affiliates, as the case may be. The Executive will not, except in connection with and as required by his performance of his duties for the Company (or as required by law or by legal
process such as subpoena, etc.), for any reason use for his own benefit or the benefit of any person or entity with which he may be associated, disclose any Confidential Information to any person, firm, corporation, association or other entity for
any reason or purpose whatsoever without the prior consent of the Board of Directors of the Company, unless such information previously shall have become public knowledge through no action by or omission of the Executive. All tangible Confidential
Information must be returned to the Company upon the termination of this Agreement. Confidential Information shall not be deemed to include any contract, draft or other template legal form in the Executive’s possession prior to having been
employed by the Company. Except as to trade secrets, this restrictive covenant will survive for two (2) years following the termination of the Executive’s employment with the Company. This restrictive covenant has no time limit as it
relates to trade secrets. 

 (g) Enforcement of Restrictions. The Parties hereby agree that any violation by the
Executive of the covenants contained in the Section will likely cause irreparable damage to the Company or its subsidiaries and affiliates, Premier and any other subsidiaries or affiliates of Premier and may, as a matter of course, be restrained by
process issued out of a court of competent jurisdiction, in addition to any other remedies provided by law. 
 (h) Special
Severability. The terms and provisions of the Section are intended to be separate and divisible provisions and if, for any reason, any one or more of them is held to be invalid or unenforceable, neither the validity nor the enforceability of any
other provision of this Agreement shall thereby be affected. It is the intention of the Parties to this Agreement that the potential restrictions on the Executive’s future employment imposed by this Section 6 be reasonable in both duration
and geographic scope and in all other respects. If for any reason any court of competent jurisdiction shall find any provisions of this Section 6 unreasonable in duration or geographic scope or otherwise, the Executive and the Company agree
that the restrictions and prohibitions contained herein shall be effective to the fullest extent allowed under applicable law in such jurisdiction. 
 7. Assignability. The rights and obligations of the Company under this Agreement shall inure to the benefit of and be binding upon the successors and assigns of the Company, provided that such
successor or assign shall acquire all or substantially all of the assets and business of the Company. 
 8. Notice.
Notices given pursuant to the provisions of the Agreement shall be sent by certified mail, postage prepaid, or by overnight courier, or telecopier to the following addresses: 

 

			
	 To the Company:
	  	President
		  	3340 Peachtree Road NE
		  	Suite 900
		  	Atlanta, GA 30326
	 To the Executive:
	  	John Norman
		  	671 Club Drive
		  	Aurora, OH 44202

 Either party may, from time to time, designate any other address to which any such notice to it or him
shall be sent. Any such notice shall be deemed to have been delivered upon the earlier of actual receipt or four days after deposit in the mail, if by certified mail. 

 9. Severability. If any provision of this Agreement is deemed to be invalid or
unenforceable or is prohibited by the laws of the state or jurisdiction where it is to be performed, this Agreement shall be considered divisible as to such provision and such provision shall be inoperative in such state or jurisdiction and shall
not be part of the consideration moving from either of the parties to the other. The remaining provisions of this Agreement shall be valid and binding. 
 10. Miscellaneous. 
 (a) Governing Law, Venue. The provisions of
this Agreement will be governed by and construed in accordance with the laws of the State of Georgia without giving effect to the principles of conflict of laws of such State. The Executive agrees that the state and federal courts located in the
State of Georgia shall have jurisdiction in any action, suit, or proceeding against the Executive based on or arising out of this Agreement and the Executive hereby: (a) submits to the personal jurisdiction of such courts; (b) consents to
service of process in connection with any action, suit or proceeding against the Executive; and (c) waives any other requirement (whether imposed by statute, rule of court or otherwise) with respect to personal jurisdiction, venue, or service
of process. 
 (b) Waiver/Amendment. The waiver by any party to this Agreement of a breach of any provision hereof by any
other party shall not be construed as a waiver of any subsequent breach by any party. No provision of this Agreement may be terminated, amended, supplemented, waived or modified other than by an instrument in writing signed by the party against whom
the enforcement of the termination, amendment, supplement, waiver or modification is sought. 
 (c) Entire Agreement.
This Agreement represents the entire agreement between the Parties with respect to the subject matter hereof and replaces and supersedes any prior agreements or understandings. 

(d) Facsimiles/PDF’s/Counterparts. This Agreement may be executed in counterparts, all of which shall constitute one and the
same instrument. Facsimile copies and electronic Portable Document Format files of executed signature pages transmitted by electronic mail will be deemed original for all purposes. 

(e) Section 409A of the Code. This Agreement and the benefits provided hereunder are intended to be exempt from or to comply
with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended, and Treasury regulations and other applicable guidance issued by the Treasury Department or Internal Revenue Service thereunder (collectively, “Section
409A”), and shall be interpreted and administered consistent with such intent. To the extent required for compliance with the requirements of Section 409A, references in this Agreement to a termination of employment shall mean a
“separation of service” with the meaning of Section 409A. Notwithstanding any other provision of this Agreement to the contrary, to the extent the Executive is a “specified employee” (as defined by Section 409A) at the
time of termination of employment and a payment or provision of a benefit is required to be delayed by six months pursuant to Section 409A, distribution shall be made no earlier than the six-month anniversary of termination of employment. With
regard to any provision herein that provides for reimbursement of costs and expenses or in-kind benefits, except as permitted by Section 409A: (i) the right to reimbursement or in-kind benefits shall not be subject to liquidation or
exchange for another benefit, (ii) the amount of expenses eligible for reimbursement, or in-kind benefits, provided during any taxable year shall not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any
other taxable year, and (iii) such payments shall be made on or before the last business day of the Executive’s taxable year following the taxable year in which the expense occurred, or such earlier date as required hereunder. 

 (f) Withholding. The Company may withhold from any amounts payable under this
Agreement such federal, state or local income taxes to the extent the same are required to be withheld pursuant to any applicable law or regulation. 
 (g) Indemnification and Insurance. The Company shall indemnify and hold harmless Executive from, against and in respect of any and all losses arising out of or relating to the performance of the
Executive’s services (including, without limitation, attorneys’ fees and expenses); provided, however, the Company shall have no obligation under this section to indemnify Executive for any losses to the extent
that such losses are determined by a court of competent jurisdiction in a final judgment to have resulted from (A) the gross negligence or willful misconduct of Executive in the performance of Executive’s employment duties and/or the
duties and obligations outlined in this Agreement, (B) any violation of law by Executive in the performance of Executive’s employment duties and/or the duties and obligations outlined in this Agreement, or (C) breach of the terms of
this Agreement by Executive. The Company shall cause Executive to be covered under the Company’s directors and officers liability insurance policy upon a basis consistent with the Company’s similarly situated executive officers, subject to
and on a basis consistent with the terms and conditions of such directors and officers liability insurance policy. 
 (h)
Captions. The captions of this Agreement are not part of the provisions hereof and shall have no force or effect. 
 (i)
No Insider Trading. The Executive acknowledges that he may come into possession of material non-public information about the Company. Accordingly, he will not trade (or cause or encourage in any fashion any third party to trade) in any
securities of the Company while in possession of any such non-public information regarding the Company and shall further abide by all black-out periods, window periods, and other sales restrictions that the Company may reasonably impose. 

(j) Survivorship. The respective rights and obligations of the Parties hereunder shall survive any termination of this Agreement
or the Executive’s employment with the Company for any reason to the extent necessary to the intended provision of such rights and the intended performance of such obligations. 

 (k) EBITDA Defined. “EBITDA” means, for any fiscal period, without
duplication, an amount equal to (a) net income of Premier Exhibition Management, LLC (“PEML”) for such period, determined in accordance with generally accepted accounting principles in the United States of America, consistently
applied (“GAAP”), minus (b) the sum of (i) income tax credits, (ii) interest income, (iii) gain from extraordinary items for such period, (iv) any aggregate net gain (but not any aggregate net loss) during
such period arising from the sale, exchange or other disposition of capital assets by PEML (including any fixed assets, whether tangible or intangible, all inventory sold in conjunction with the disposition of fixed assets and all securities), and
(v) any other non-cash gains that have been added in determining net income, in each case to the extent included in the calculation of net income of PEML for such period in accordance with GAAP, but without duplication, plus (c) the
sum of (i) any provision for income taxes, (ii) Interest Expense, (iii) loss from extraordinary items for such period, (iv) depreciation and amortization for such period, (v) amortized debt discount for such period, and
(vi) the amount of any deduction to net income as the result of any grant to any members of the management of PEML of any stock or options or any management, consulting, or similar fees paid to PEML or any of its affiliates (as defined in Rule
405 of the Securities Act of 1933), in each case to the extent included in the calculation of net income of PEML for such period in accordance with GAAP, but without duplication. 

IN WITNESS WHEREOF, the Company and the Executive have duly executed this Agreement as of the date noted below. 

 

							
		 		 	COMPANY:
			
		 		 	ARTS AND EXHIBITIONS INTERNATIONAL, LLC
				
		 		 	By:	 	/s/ Michael Little
		 		 	Its:	 	Chief Financial Officer
		 		 	Date:	 	June 25, 2012
		 		 		 	
			
		 		 	EXECUTIVE:
			
		 		 	/s/ John Norman
		 		 	John Norman
		 		 	Date: June 25, 2012

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}]]