Document:

AMENDMENT TO EXHIBITION TOUR AGREEMENT

         THIS  AMENDMENT TO EXHIBITION  TOUR  AGREEMENT  (this  "Amendment")  is
entered into this 18th day of September,  2000 by and between RMS TITANIC, INC.,
a Florida corporation ("RMST") and SFX FAMILY ENTERTAINMENT,  INC. (SUCCESSOR BY
MERGER TO MAGICWORKS ENTERTAINMENT, INC.), a Delaware corporation ("SFX").

                                    RECITALS

         A. RMST and SFX have  previously  entered into that certain  Exhibition
Tour Agreement (the "Agreement") dated March 31, 1999.

         B.  RMST and SFX  wish to amend  certain  provisions  contained  in the
Agreement as more fully set forth herein.

                                    AMENDMENT

         NOW,  THEREFORE,  for and in  consideration of the mutual covenants and
agreements  contained  herein and other  good and  valuable  consideration,  the
receipt and  sufficiency of which is hereby mutually  acknowledged,  the parties
hereto do hereby agree as follows:

         1. Defined Terms. Each capitalized term used in this Amendment which is
not  defined  herein  will have the  meaning  assigned  thereto  pursuant to the
provisions of the Agreement.

         2.  Modification  to  Financial  Provisions.   The  provisions  in  the
Agreement  relating  to the  financial  obligations  of SFX to RMST  are  hereby
amended as follows:

          (a) Elimination of Orlando Payments.  Section 3.17 of the Agreement is
     hereby deleted in its entirety and replaced with the following:

                  "3.17 SFX shall prepare a current  calculation of all payments
                  due and owing to RMST as a result of the tickets  sold for the
                  Orlando  Exhibition and RMST shall be paid all such amounts in
                  full  on  or  before  the  execution  of  this  Agreement.  In
                  addition,  within  ten (10) days after the  execution  of this
                  Agreement,  SFX shall  make  available  to RMST all  Artifacts
                  owned  by RMST  and  located  at the  Orlando  Exhibition  for
                  packing and pick-up by RMST at the Orlando Exhibition."

          (b) Modification of the Financial  Guarantee to RMST.  Effective as of
     the  commencement of the Extension  Period,  the text of Section 5.1 of the
     Agreement shall be amended in its entirety to read as follows:

<PAGE>

                  SFX  unconditionally  guarantees  to RMST the  payment  of Two
                  Million Dollars  ($2,000,000)  for the Extension  Period.  The
                  foregoing  guarantee  shall be payable as follows with respect
                  to the  Extension  Period:  (a) $750.000 upon the execution of
                  this  Amendment,  (b)  $500,000  on the first day of the First
                  Extension Period and (c) 750,000 on the first day of the sixth
                  month of the Extension Period.

The phrase  "subdivision  (b) of" appearing in the second line of Section 5.2 of
the Agreement is hereby deleted.

          (c)  Modification to Revenue Sharing  Provisions.  With respect to the
     Extension  Period,  RMST will be  entitled to twenty  percent  (20%) of the
     Revenue  against the  guaranteed  payment of Section  5.1 of the  Agreement
     instead of sixty-five  percent (65%) of the Profits  against the guaranteed
     payment  of  Section  5.1 of the  Agreement.  In  order to  effectuate  the
     foregoing,  the Agreement is hereby amended as follows  effective as of the
     commencement of the Extension Period:

                         (1) The second sentence of Section 6.1 of the Agreement
                    is deleted.

                         (2) The text of Section 6.2 of the  Agreement is hereby
                    deleted in its entirety and replaced with the following:

                           Revenue (as defined in Section  1.9) shall be divided
                           between RMST and SFX as follows: twenty percent (20%)
                           thereof  shall  be paid to RMST  and  eighty  percent
                           (80%)  will  be  paid  to or  retained  by  SFX.  The
                           $2,000,000   guaranteed  payment  for  the  Extension
                           Period  paid by SFX to RMST  pursuant  to  Section  5
                           hereof and any  Additional  Advances made pursuant to
                           Section 6.8 hereof will be  credited  against  RMST's
                           share of the Revenue. SFX will be responsible for the
                           payment of all Project  Expenses  out of its share of
                           the Revenue.

                         (3) The text of Section 6.3 of the  Agreement is hereby
                    deleted in its entirety and replaced with the following:

                           Revenue for the Extension  Period shall be determined
                           on a  fiscal  year  basis  as of the  last day of the
                           Extension Period,  and SFX will pay within sixty (60)
                           days  thereafter to RMST the amount (if any) by which
                           twenty percent (20%) of the Revenue for the Extension
                           Period   exceeds  the  sum  of  (i)  the   $2,000,000
                           guaranteed payment paid to RMST pursuant to Section 5
                           hereof with respect to the Extension Period plus (ii)
                           the amount of any  Additional  Advances  paid to RMST
                           pursuant  to  Section  6.8  hereof  (which  does  not
                           include  the South  American  Exhibition)  during the
                           Extension Period.

                         (4) The phrase "and Project Expenses"  appearing in the
                    second  line  of  Section  6.4 of the  Agreement  is  hereby
                    deleted.

<PAGE>

                         (5) The  Monthly  Reports  and the  Annual  Accountings
                    required to be  provided by SFX to RMST  pursuant to Section
                    6.5 of the Agreement during the Extension Period will not be
                    required  to  include  any  information  concerning  Project
                    Expenses  or  Profits  (which  does not  include  the  South
                    American  Exhibition).  All such Monthly  Reports and Annual
                    Accountings  need only include the information  specified in
                    Section 6.5 of the Agreement with respect to Revenue for the
                    applicable  period.  The Annual Accounting for the Extension
                    Periods  will be  delivered by SFX to RMST within sixty (60)
                    days of the last day of the Extension Period.

                         (6) A new  Section  6.8 is  hereby  added at the end of
                    Section  6, the text of which will read in its  entirety  as
                    follows:

                           If,  during  the  Extension   Period,   SFX  collects
                           $10,000,000  or more  in  Revenue,  then  thereafter,
                           prior to moving an  Exhibition  during the  Extension
                           Period to any city  other than a "Short Run City" (as
                           herein  defined),  SFX must pay to RMST  $500,000 (an
                           "Additional  Advance")  as an  additional  guaranteed
                           payment  against RMST's twenty percent (20%) share of
                           Revenue during the Extension  Period. As used herein,
                           a "Short  Run  City"  shall be any city in which  (i)
                           there is proposed to be less than 12,000  square feet
                           of  exhibition  space and (ii) the  proposed  term of
                           exhibition  is 60 days or  less;  provided,  however,
                           that in no event  shall  Los  Angeles  or New York be
                           deemed to be Short Run Cities. SFX agrees that if the
                           Exhibition  is  presented in Los Angeles or New York,
                           such   presentation  must  be  on  a  basis  that  is
                           comparable  to or superior to the current  parameters
                           of the Chicago Exhibition.

                  (d)  Modification  to the  Definition of Revenue.  In order to
         modify the  definition of the term  "Revenue" in the  Agreement,  a new
         sentence is hereby added at the end of Section  1.9.5 of the  Agreement
         to read as follows:

                  Notwithstanding anything to the contrary contained herein, for
                  all purposes of this  Agreement,  "Revenue" shall only include
                  that  portion  of  Ticket  Revenue,   Merchandising   Revenue,
                  Sponsorship  Revenue and Ancillary Revenues which are received
                  and  retained  by SFX or an  affiliate  of SFX and  shall  not
                  include  any  portion  of such  items  of  revenue  which  are
                  retained by or payable to any  unrelated  third party such as,
                  by way of example,  (i) a venue which shares in and receives a
                  portion of Ticket  Revenue or (ii) a third  party  merchandise
                  concessionaire  who  is  entitled  to  receive  a  portion  of
                  Merchandising  Revenue.   Notwithstanding  the  foregoing,  no
                  portion  of  the  Ticket  Revenue  will  be  shared  with  any
                  unrelated third party except for allocations of Ticket Revenue
                  between admission to multiple viewing areas within a museum or
                  other Venue.

<PAGE>

         3.  Modification to Provisions  Relating to the Term. The provisions in
the  Agreement  relating  to the term of the  Agreement  are  hereby  amended as
follows:

                  (a) Time Periods Covered by the Extension Period.  The text of
         Section  12.1 of the  Agreement  is hereby  deleted in its entirety and
         replaced with the following:

                  SFX is hereby granted one (1) option (the " Option") to extend
                  the term of this Agreement for an additional period of one (1)
                  year (the "Extension Period"). The Extension Period will begin
                  and end on the following dates:

                                          Begin Date                 End Date
                                          ----------                 --------
                    Extension Period    Sept. 15, 2000             Nov. 30, 2001

                  All of the terms and  provisions of this  Agreement will apply
                  with  respect to the  Extension  Period.  The  parties  hereby
                  expressly agree and acknowledge  that SFX has timely exercised
                  the Option and the  Agreement  will remain in force and effect
                  throughout the Extension Period.

                  (b) Timing for Exercise of Annual Option.  The text of Section
         12.2 of the Agreement is hereby deleted in its entirety.

                  (c) Special  Termination  Provision.  The text of Sections
         12.6(a),  12.6(b) and 12.6(c) of the Agreement are hereby deleted in
         their entirety.

         4.  Modification of Terms of Special  Extension Right.  Section 12.7 of
the Agreement is hereby deleted in its entirety.

         5. New  Exception to  Exclusivity  Provisions.  The  following  text is
inserted at the end of Section 2.1 of the Agreement:

         If RMST should  receive,  at any time during the Term or the  Extension
         Period,  an unsolicited offer from a venue or other promoter to present
         or allow the  presentation  of an Exhibition  upon terms  acceptable to
         RMST (herein called an "Acceptable Third Party Offer"),  then RMST will
         be  required  to offer to SFX the first  right and option to accept and
         proceed with an  Exhibition as  contemplated  by the  Acceptable  Third
         Party  Offer.  However,  if SFX should  elect not to proceed  with such
         Acceptable Third Party Offer,  then RMST will have the right to present
         an Exhibition in accordance with such  Acceptable  Third Party Offer at
         its own cost and expense and for its own account without  violating the
         exclusivity  provisions in this  Agreement,  provided that (i) RMST and
         SFX first mutually agree on which Artifacts may be displayed by RMST in
         such  Exhibition  and (ii) if there are any material  modifications  or

<PAGE>

         changes to the terms and provisions  contained in the Acceptable  Third
         Party Offer,  then RMST must provide to SFX another right and option to
         accept such Acceptable  Third Party Offer as so modified.  RMST and SFX
         agree that the  Artifacts  to be included in any such  Exhibition  will
         consist of at least one hundred (100) Artifacts, of which approximately
         twenty  percent  (20%)  will be "Major  Artifacts"  and of such  "Major
         Artifacts" approximately twenty percent (20%) will be "Star Artifacts".

         6. Modifications to Section 2 of the Agreement.

               (a) A new Section 2.4.5 is hereby added to read as follows: "Upon
          request by RMST,  SFX shall  deliver to RMST copies of its  agreements
          with the Venues hosting the Exhibitions, only if the Venue is taking a
          percentage  or any portion of the gross ticket  revenues  allocable to
          the Titanic Exhibit or Exhibition."

               (b) A new  Section  2.6 will be added  to read as  follows:  "SFX
          shall not present an  Exhibition or an exhibit in the states of either
          Georgia or Michigan  without the prior written approval of RMST, which
          approval shall not be unreasonably withheld or delayed."

         7. Modifications to Section 3 of the Agreement.

               (a) A new sentence is hereby added to the end of Section 3.2.3 to
          read as follows:  "All new didactic text, including labels and panels,
          shall be developed in  coordination  with an  authorized  executive of
          RMST."

               (b) A new sentence is hereby added at the end of Section 3.2.5 to
          read as follows:  "All showcases shall be placed,  secured and cleaned
          prior to the installation of any Artifacts."

               (c) Section 3.5 shall be amended to add two new  sentences  after
          the first  sentence to read as follows:  "Only  personnel  approved by
          RMST are permitted to handle the Artifacts. Except in conjunction with
          the installation or  de-installation  of an Exhibit or Exhibition,  no
          Artifacts may be packed,  moved,  removed,  shipped or handled without
          RMST's prior written approval."

               (d) A new  sentence is hereby  added to the end of Section 3.7 to
          read as  follows:  "SFX  shall  ensure  that a  sufficient  number  of
          adequately   trained   and   approved   personnel   are   present  for
          installation, de-installation and daily operations."

               (e) The text of Section 3.13 is hereby deleted in its entirety
         and replaced with the following:

                  Be responsible for all Artifact conservation and mounting work
                  that is reasonably  necessary for the display of the Artifacts
                  in an  Exhibition,  including but not limited to, the costs of
                  packing,    shipping,    handling,    security,     insurance,
                  conservation,  export and import customs,  charges and duties,

<PAGE>

                  and the transportation thereof to SFX Exhibitions.  RMST shall
                  pay for the cost of all  conservation  inspections.  Except as
                  provided in Section 3.13.1,  SFX shall pay for the cost of all
                  Conservation  Procedures  for all  Artifacts  included  in its
                  Exhibitions. SFX shall not be responsible for the Conservation
                  Procedures  for  Artifacts  that  are not  included  in an SFX
                  Exhibition.  The cost of  Conservation  Procedures paid by SFX
                  shall not be deducted  from Revenue as this term is defined in
                  the Agreement.

                  3.13.1 Other than the Conservation  Procedures identified on
                         Exhibit  1.1.G,  if any item is  identified  as needing
                         Conservation  Procedures,  then SFX will have the right
                         to  either  (i)  remove  such  Artifact  from  the  SFX
                         Exhibition  and  deliver  it to RMST  for  Conservation
                         Procedures  at  RMST's  expense,   in  which  case  the
                         Artifact  shall not be  returned  to an SFX  Exhibition
                         during  the Term of this  Agreement,  or (ii)  maintain
                         such Artifact in the SFX  Exhibition  and such Artifact
                         will undergo  Conservation  Procedures at SFX's expense
                         (the decision as to whether Conservation Procedures may
                         be   conducted   on  site   will  be  made  by   RMST's
                         conservationist).  In either case,  RMST shall  provide
                         SFX with a  substantially  similar  Artifact while such
                         Artifact is undergoing Conservation Procedures,  to the
                         extent   such   substitute   Artifact   exists  and  is
                         available.  Notwithstanding any other term or condition
                         in  this  Agreement,  RMST  shall  not  require  SFX to
                         include any specific Artifact in an Exhibition.

                  3.13.2 SFX shall place at least four data loggers in each of
                         its Exhibitions  which may be presented in a non-museum
                         context.  SFX shall  consult with RMST  concerning  the
                         placement of such  equipment.  Such equipment  shall be
                         exchanged monthly,  replaced with fresh equipment,  and
                         the data sent to RMST for analysis.  Readings from such
                         equipment will be sent to both RMST and SFX.

                  3.13.3 RMST's  conservator  shall  examine  any  Exhibitions
                         lasting more than three months to assess the  condition
                         of the Artifacts and the need for conservation.  If, in
                         the opinion of RMST's  conservator,  any Artifact is in
                         immediate need of Conservation Procedures, the Artifact
                         shall be  removed  from the  Exhibition  and RMST shall
                         provide SFX with a substantially similar Artifact while
                         such Artifact is undergoing Conservation Procedures, to
                         the  extent  such  substitute  Artifact  exists  and is
                         available.

                  3.13.4 Artifacts  consisting  of organic  materials or of an
                         otherwise  fragile  nature  shall be  removed  from the
                         Exhibitions  after a period of time to be determined by
                         RMST's  conservator to minimize  damage due to exposure
                         to  light,   transportation  and  other   deteriorating
                         factors.  RMST shall  provide SFX with a  substantially
                         similar  Artifact  while such  Artifact  is  undergoing
                         Conservation Procedures,  to the extent such substitute
                         Artifact exists and is available.

<PAGE>

                  3.13.5 Except for natural  deterioration  of an Artifact due
                         to  passage  of  time,  SFX  shall  pay the cost of any
                         Conservation  Procedures  that are  necessary to repair
                         any damage to an Artifact  caused while the Artifact is
                         in SFX's  possession,  custody and  control,  or during
                         packing, transportation and handling when such services
                         are provided by or obtained by SFX.

                  3.13.6 SFX shall inform RMST  immediately in the event of an
                         emergency concerning the Artifacts,  including, but not
                         limited to, fire,  water damage,  willful  destruction,
                         loss,  climactic  problems or a change in appearance of
                         an Artifact.

                  (f)  Section  3.15 is hereby  amended  to insert the words "or
         designees" after the words "RMST's officers."

         8. Modifications to Section 4 of the Agreement.

                  (a)  Section  4.10 is hereby  amended to  substitute  the term
         "RMST's  conservation  facility" for the term "the LP3 Conservation lab
         in Semur, France."

         9. Modifications to Section 6 of the Agreement.

                  (a) The first  sentence of Section  6.4 is hereby  deleted and
         replaced with the following text:

                  SFX shall  maintain  all books of accounts  and all  documents
                  necessary to audit,  review and verify Revenue,  and agrees to
                  make  such  books of  accounts  and  documents  available  for
                  inspection and review to authorized representatives of RMST in
                  Houston, Texas upon reasonable request.

         10. Modifications to Section 11 of the Agreement.

                  (a) Section 11.2 is hereby amended to substitute the phrase "a
         commercially reasonable number" for the phrase "2%".

                  (b) A new  sentence is hereby added at the end of Section 11.5
         to read as follows:  "SFX agrees that it shall provide RMST with copies
         of all data collected or received by SFX from the Venue."

         11. Modifications to Section 12 of the Agreement.

                  (a) The text of Section 12.7 is hereby deleted in its entirety
         and replaced with the following:

                  At the end of the Term, SFX must de-install all Artifacts for
         pick-up by RMST.

<PAGE>

         12.      Modifications to Section 13 of the Agreement.

                  (a) Section  13.4 is hereby  amended by deleting the three (3)
         names "Arnie  Geller",  "John Joslyn" and "Jon  Thompson" and replacing
         those  names with the six (6) names  "Amy  Harris",  "George  Tulloch",
         "Cindy Tulloch", "Matt Tulloch", "Allan Carlin" and "David Concannon".

         13.      Modifications to Section 15 of the Agreement.

                  (a) Sections  15.1 is hereby  amended by adding the  following
         phrase in the last line after the word  "hereunder:"  "or any  injuries
         allegedly  sustained  by a member  of the  public,  an  employee  or an
         independent  contractor  at an Exhibition as a result of, or caused by,
         the negligence or gross negligence of RMST."

                  (b)  Section  15.2 is hereby  amended by adding the  following
         phrase in the last line after the word  "hereunder":  "or any  injuries
         allegedly  sustained  by a member  of the  public,  an  employee  or an
         independent  contractor  at an  Exhibition as a result of, or caused by
         the negligence or gross negligence of SFX."

         14. Modifications to Section 16 of the Agreement.

                  (a) The text of the  second  sentence  of Section 16 is hereby
         deleted in its entirety and replaced with the following:

                  "It is  expressly  agreed  that  RMST  shall  be the  sole and
                  exclusive owner of all trademarks  utilized for the Exhibition
                  and of all Exhibition logos."

         15. Modifications to Section 19 of the Agreement.

                  (a) All notices  that are required to be given under the terms
         of this  Agreement  shall be given to RMST at its  offices in  Atlanta,
         Georgia and shall be addressed  to Arnie  Geller,  President  and Chief
         Executive  Officer,  3340  Peachtree  Road,  NE,  Suite 1225,  Atlanta,
         Georgia 30326.

         16.      Other Modifications and Definition Changes.

                  (a) RMST  Display  Items.  Section  1.10 of the  Agreement  is
         hereby amended in its entirety to read as follows:

                  "RMST Display Items" shall mean the display cases,  models and
                  other  theatrical  or audio  visual  components  owned by RMST
                  which are listed on Exhibit 1.10 attached hereto.

         The attachment to this Amendment  marked Exhibit 1.10  is hereby deemed
         to be attached as Exhibit 1.10 to the Agreement.

<PAGE>

                  (b) Equal Billing. The phrase "Unless prohibited by applicable
         law" is hereby inserted at the beginning of the penultimate sentence in
         Section 2.3 of the Agreement.

                  (c)  Care and  Storage.  The  phrase  "in the  possession  and
         control of SFX" is hereby inserted after the phrase "be responsible for
         the care and storage of  Artifacts"  at the beginning of Section 3.5 of
         the Agreement.

                  (d) Costs of Conservation. The fourth sentence in Section 3.13
         of the Agreement is hereby deleted and replaced with the following:

                  The remaining  conservation  Procedures to be performed on the
                  Artifacts  listed on  Exhibit  1.1.G  during the Term shall be
                  paid 50% by RMST and 50% by SFX.  If SFX  should  accept a new
                  Artifact  which is not listed on Exhibit  1.1.G as part of one
                  of its Exhibitions,  then any cost of conserving such new item
                  shall be paid 50% by RMST and 50% by SFX.

                  (e) RMST's Address. Sections 5.3 and 19.4 of the Agreement are
         each  hereby  amended to reflect  the new address of RMST as being 3340
         Peachtree Road, NE, Suite 1225, Atlanta, Georgia 30326.

                  (f)  Purchase of  Exhibitry.  Section 6.6 of the  Agreement is
         hereby  amended by adding a new  sentence  at the end of Section 6.6 to
         read as follows:

                  Upon termination of this Agreement,  RMST shall have the right
                  and option to purchase all of the  Exhibitry at the greater of
                  the (i) the  aggregate  cost  which SFX has  invested  in such
                  Exhibitry or (ii) the fair market  value of such  Exhibitry as
                  of the  date  of such  purchase.  In  order  to  exercise  the
                  foregoing  option,  RMST must provide written notice to SFX of
                  its exercise of such option within thirty (30) days  following
                  the  termination  of this Agreement and pay the purchase price
                  within ten (10) days  following  the  exercise of such option.
                  RMST shall be  responsible  for  picking up and  shipping  any
                  items of Exhibitry it acquires  pursuant to the terms  hereof,
                  subject to RMST's payment of the purchase  price. If RMST does
                  not purchase the Exhibitry, in the event SFX makes an offer to
                  sell,  or receives an offer to purchase  the  Exhibitry,  RMST
                  shall  have the  right of first  refusal  (for a period  of 15
                  days) to  purchase  the  Exhibitry  pursuant  to the terms and
                  conditions of such offer.

                  (g) Approval of Marketing  Materials.  For purposes of Section
         7.2 of the Agreement, it is hereby recognized,  agreed and acknowledged
         that  RMST  has  previously  approved  the  existing   advertising  and
         promotional materials currently in use by SFX.

                  (h)  Ticket  Prices.   The  references  to  "written  consent"
         appearing  in Section  11.1 of the  Agreement  are hereby  deleted  and
         replaced with  references to "oral  consent".  In addition,  the phrase
         "tickets  shall be made  available" in Section 11.4 of the Agreement is
         hereby replaced with the phrase "tickets may be made available".

<PAGE>

                  17.      South American Exhibition.

                  (a) "South American Exhibition" shall mean the Exhibits and/or
         exhibition(s)  in  Buenos  Aires,  Argentina,  San  Paulo,  Brazil  and
         Santiago,  Chile  which may be  scheduled  during  the Term  and/or the
         Extension  Period if SFX  finalizes  a contract  with Arbol de Color of
         Santiago, Chile ("ADC") for such Exhibits and/or exhibition(s).

                  (b)  Attached  hereto as Exhibit A is a copy of the  agreement
         with ADC.  The  guaranteed  payment  under such  agreement  (the "South
         American  Guarantee") will be paid as follows: (i) to SFX the sum of up
         to One Hundred Thousand Dollars  ($100,000.00) as reimbursement for its
         legal  and  organizational  actual  costs  and  expenses  for the South
         American  Exhibition,  and  (ii) to RMST or SFX,  as  applicable,  such
         monies as are necessary to reimburse  each party for mutually  approved
         expenses of each party  related to the South  American  Exhibition  and
         costs and expenses related to the exhibition accountant.

                  (c)  Notwithstanding  the other  provisions of this Agreement,
         the remainder of the South  American  Guarantee and any other  payments
         payable  by ADC to SFX with  respect to the South  American  Exhibition
         shall be divided  between RMST and SFX as follows:  fifty percent (50%)
         thereof  shall be paid to RMST and fifty percent (50%) thereof shall be
         paid to SFX.

                  (d) All Revenues,  Expenses and Profits of the South  American
         Exhibition  shall be  calculated  separate  and  apart  from the  other
         Exhibits and exhibition(s) under the Agreement.

                  (e) RMST and SFX shall select a mutually acceptable accountant
         to be the exhibition accountant for the South American Exhibition.

                  (f) SFX  shall pay RMST any  monies  due  under  this  Section
         within ten (10) days of SFX receipt of any money from ADC.

                  18.  Ratification.  Except as expressly  amended  hereby,  the
Agreement is hereby  ratified,  confirmed and carried forward in all respects by
the parties hereto.

                                       10
<PAGE>

         EXECUTED as of the date first set forth above:

                RMS TITANIC, INC.

                By:
                    -----------------------
                Name:
                    -----------------------
                Title:
                    -----------------------

                SFX FAMILY ENTERTAINMENT, INC. (SUCCESOR BY MERGER TO MAGICWORKS
                ENTERTAINMENT, INC.)

                By:
                    -----------------------
                Name:
                    -----------------------
                Title:
                    -----------------------SHARE PURCHASE WARRANT CERTIFICATE

                   WARRANT TO PURCHASE ________ COMMON SHARES

                                       OF

                       INTERNATIONAL SOLUBLES CORPORATION

              (Incorporated under the laws of the State of Florida)

                             SHARE PURCHASE WARRANT
                                 (the "Warrant")

THIS SHARE PURCHASE  WARRANT  CERTIFICATE AND ANY SECURITIES  ISSUED PURSUANT TO
THE TERMS HEREOF HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE "ACT").

THIS IS TO  CERTIFY  THAT for value  received,  ________________________________
(the  "Holder"),  is entitled  to  purchase  ___________________________________
fully paid and  non-assessable  shares of No Par Value  (each a "Share")  in the
common stock (the "Common Stock") of  INTERNATIONAL  SOLUBLES  CORPORATION  (the
"Corporation")  at any time up to 5:00 p.m.  local time in the city of Heathrow,
Florida,  at a  purchase  price of U.S.  $0.15  per  Share  prior  to the  third
anniversary of the date of acceptance of this Agreement by the Corporation.

1.   The  aforesaid  right to purchase  Shares may be exercised by the Holder at
     times and from time to time within the time period  required  herein before
     set out by (i) duly  completing  in the manner  indicated and executing the
     subscription  form attached hereto,  (ii)  surrendering this Warrant to the
     Corporate  Secretary of the Corporation,  and, (iii) paying the appropriate
     purchase  price for the Shares  subscribed  for together with the requisite
     share transfer tax, if any, either in cash or by certified check payable at
     par,  in  Heathrow,  Florida,  to the order of the  Corporation.  Upon said
     surrender  and  payment,  the  Corporation  will issue to the Holder of the
     subscription  form the number of Shares  subscribed for and the said Holder
     will become a shareholder of the Corporation in respect of the Shares as of
     the date of such surrender and payment. subject to the Terms and Conditions
     of this Warrant,  the Corporation  will, as soon as practicable  after said
     surrender  and  payment,  mail to the person or  persons at the  address or
     addresses  specified in the subscription form a certificate or certificates
     evidencing  the  Shares  subscribed  for.  If the  Holder  of this  Warrant
     subscribes for a lesser number of Shares than the number of shares referred
     to in the  Warrant,  the  Holder  shall be  entitled  to  receive a further
     Warrant in respect of Shares not subscribed for.

2.   The  Holder  may,  at its sole  discretion,  transfer  or assign  the Share
     Purchase Warrants to another party or parties.

     Nothing  contained  herein shall confer upon the Holder  hereof or upon any
     other person any right to subscribe  for or purchase any Shares at any time
     after 5:00  o'clock in the  afternoon  local time in the city of  Heathrow,
     Florida  on the  third  anniversary  of the  date  of  acceptance  of  this
     Agreement by the  Corporation.  From and after such time,  this Warrant and
     all rights hereunder shall be void and of no value.

                                       42

<PAGE>

3.   This  Warrant  shall  not  constitute  the  Holder  a  shareholder  of  the
     Corporation.

4.   This  Warrant is subject to the Terms and  Conditions  that are attached to
     this Warrant as Schedule "A".

5.   Time shall be of the essence hereof.

IN WITNESS  WHEREOF,  INTERNATIONAL  SOLUBLES  CORPORATION has caused its common
seal  to  be  affixed  and  this   Warrant  to  be  signed  by  its   authorized
representative effective on this 7th day of July, 1999.

THE CORPORATE SEAL OF INTERNATIONAL  SOLUBLES  CORPORATION Was affixed hereto in
the presence of:

-----------------------------
Authorized Signatory for the Corporation

                                       43

<PAGE>

                              FORM OF SUBSCRIPTION

To: INTERNATIONAL SOLUBLES CORPORATION

And to: THE CORPORATE SECRETARY OF INTERNATIONAL SOLUBLES CORPORATION

The  undersigned   holder  of  the  attached   Warrant  hereby   subscribes  for
_______________________ Shares of the No Par Value Common Stock of INTERNATIONAL
SOLUBLES CORPORATION (the "Corporation") pursuant to the attached Warrant at any
time up to 5:00 p.m. local time in the city of Heathrow,  Florida, at a purchase
price of U.S.  $0.15 per Share  prior to the  third  anniversary  of the date of
acceptance of the Agreement by the Corporation. This subscription is accompanied
by a  certified  check or money  order  payable  to,  or to the  order  of,  the
Corporation  for the whole  amount  of the  purchase  price of the said  Shares,
together  with the  amount of any issue tax that may be imposed on issue of such
Shares (or if such tax has been paid,  evidence  satisfactory  to the trustee of
such payment).

The undersigned hereby directs that the said Shares be registered as follows:

======================= ========================= =========================
Name in Full                        Address             Number of Shares
======================= ========================= =========================

======================= ========================= =========================

======================= ========================= =========================

DATED this ____ day of ________________________, _______ .

In the presence of:

------------------                          ------------------------------
Witness                                     Signature of Warrant Holder

Please print Warrant Holder's name and address in full:

Name: ____________________________________

Address: ____________________________________

--------------------------------------------

--------------------------------------------

                                       44

<PAGE>

                                  SCHEDULE "A"

                              TERMS AND CONDITIONS
                                       OF
                                    WARRANTS

These are the Terms  and  Conditions  that are  attached  to the Share  Purchase
Warrants issued by INTERNATIONAL SOLUBLES CORPORATION.

                          ARTICLE ONE - INTERPRETATION

Section 1.01 - Definitions

In these Terms and  Conditions,  unless there is something in the subject matter
or context inconsistent:

a)   "Corporation"  means INTERNATIONAL  SOLUBLES  CORPORATION until a successor
     corporation or its successor is present in Article 6;

b)   "Corporation's  Auditors"  means an independent  firm of  accountants  duly
     appointed as auditors of the Corporation;

c)   "Director"  means a director of the  Corporation  for the time  being,  and
     reference, without more, to action by the directors of the Corporation as a
     board, or whenever duly empowered,  action by an executive committee of the
     board;

d)   "herein",  "hereby"  and  similar  expressions  refer  to these  Terms  and
     Conditions  as the same may be amended or modified  from time to time;  and
     the  expression  "Article" or  "Section"  followed by a number refer to the
     specified Article or Section of these Terms and Conditions;

e)   "Issuance  Date"  means  that  date on which  the  Corporation  issued  the
     attached Warrants;

f)   "person"  means an  individual,  corporation,  partnership,  trustee or any
     unincorporated organization, and any words importing persons have a similar
     meaning;

g)   "shares"  means  the no par  value  common  shares  in the  capital  of the
     Corporation as  constituted  at the Issuance Date and any shares  resulting
     from any subdivision or consolidation of the shares;

h)   "Transfer  Agent" means a transfer  agent duly  authorized and appointed by
     the Corporation.

i)   "Warrants"  means the  Warrants  of the  Corporation  issued and  presently
     authorized,  as set out in Section 2.01 and for the time being outstanding,
     and any other warrants made subject to these Terms and Conditions;

j)   "Warrant  Holders" or  "Holders"  means the bearers of the Warrants for the
     time being; and

k)   words importing the singular number include the plural and vice-versa,  and
     words  importing  the  masculine  gender  include the  feminine  and neuter
     genders.

                                       45

<PAGE>

Section 1.02 - Interpretation Not Affected By Headings

The division of these Terms and  Conditions  in to Articles and Sections and the
insertion of headings are for  convenience of reference only and will not affect
their construction or interpretation.

Section 1.03 - Applicable Law

The Warrants will be construed in  accordance  with the laws of Florida and will
be treated in all respects as Florida contracts.

                         ARTICLE TWO - ISSUE OF WARRANTS

Section 2.01 - Issue of Warrants

Warrants  entitling the Holders thereof to purchase an aggregate of ____________
common shares are hereby  authorized to be issued by the Corporation,  where one
Warrant is required to purchase one common share of the Corporation.

Section 2.02 - Additional Warrants

Nothing  contained  herein shall preclude the  Corporation  from time to time to
make further equity or debt offerings and sell  additional  shares,  warrants or
grant options or similar rights to purchase shares of its capital stock.

Section 2.03 - Issue In Substitution for Lost Warrants

a)       Subject to Section 2.03(b), if a Warrant is mutilated,  lost, destroyed
         or stolen,  the  Corporation  shall  issue and deliver a new Warrant of
         like date and content as the one mutilated,  lost, destroyed or stolen,
         in  exchange  for,  and in  place  of,  and upon  cancellation  of such
         mutilated  Warrant,  or in lieu of, and in substitution  for such lost,
         destroyed or stolen Warrant.  The substituted  Warrant will be entitled
         to the  benefit  of these  Terms and  Conditions  and rank  equally  in
         accordance  with its terms  with all other  Warrants  issued,  or to be
         issued, by the Corporation.

b)       The  applicant for the issue of a new Warrant will bear the cost of its
         issue  and in  case of  loss,  destruction  or  theft,  furnish  to the
         Corporation  such  evidence of ownership  and of loss,  destruction  or
         theft  of the  Warrant  so  lost,  destroyed  or  stolen,  as  will  be
         satisfactory to the  Corporation in its discretion,  and such applicant
         may  also be  required  to  furnish  indemnity  in an  amount  and form
         satisfactory to the  Corporation,  in its discretion,  and will pay the
         reasonable  charges of the  Corporation in connection  with issuing the
         new Warrant.

Section 2.04 - Warrant Holder Not a Shareholder

Being a Holder of a Warrant will not  constitute the Holder a shareholder of the
Corporation,  nor  entitle  him to any right or  interest  except  as  expressly
provided in the Warrant and herein.

                                       46

<PAGE>

                     ARTICLE THREE - OWNERSHIP AND TRANSFER

Section 3.01 - Exchange of Warrants

a)       Warrants in any authorized  denomination  may, upon compliance with the
         reasonable  requirements of the Corporation,  be exchanged for Warrants
         in any other  authorized  denomination,  of the same  class and date of
         expiry,  entitling the Holder to purchase any equal aggregate number of
         shares  at the same  subscription  price  and on the same  terms as the
         Warrants so exchanged.

b)       Warrants may be exchanged only at the office of the Corporate Secretary
         of the  Corporation,  and any Warrants  tendered for exchange  shall be
         surrendered and canceled.

Section 3.02 - Ownership and Transfer of Warrants

a)       The Corporation may deem and treat the registered holder of any Warrant
         as absolute  owner of such Warrant,  for all purposes,  and will not be
         affected by any notice or knowledge to the contrary.

b)       The  registered  holder of any  Warrant  will be entitled to the rights
         evidenced  by such  Warrant free from all equities or rights of set-off
         or  counterclaim  between  the  Corporation  and  the  original  or any
         intermediate  Holder  and  all  persons  may act  accordingly,  and the
         receipt of any such bearer for the shares will be a good  discharge  to
         the Corporation  for the same and the Corporation  will not be bound to
         inquire into the title of any such bearer.

Section 4.01 - Notice to Warrant Holders

Any notice to be given to Warrant  Holders will be deemed to be validly given on
the date on which it has been  published if such notice is published once in the
City of Heathrow,  Florida,  such publication to be made in the daily newspaper,
in the English language, of the largest general circulation in such city.

                       ARTICLE FOUR - EXERCISE OF WARRANTS

Section 4.01 - Method of Exercising Warrants

The right to purchase shares conferred by the Warrants may be exercised,  before
its expiry  time,  by the Holder of such  Warrant  surrendering  it, with a duly
completed and executed  subscription  form,  accompanied  by cash or a certified
check  payable  to or to the  order  of the  Corporation,  in  such  city as the
Corporation  may reside from time to time,  in the amount of the purchase  price
applicable at the time of surrender in respect of the shares  subscribed for, in
lawful money of the United States of America, payable to the Corporate Secretary
of the Corporation.

Section 4.02 - Effect of Exercising Warrants

As soon as practicable after surrender and payment, and subject to the Terms and
conditions set forth herein,  the Corporation  will cause to be delivered to the
person or persons in whose  name or names the  shares  subscribed  for are to be
issued  as  specified  in such  subscription  or mailed to him or them at his or
their  respective  addresses  specified in such  subscription,  a certificate or
certificates for the appropriate  number of shares not exceeding those which the
Warrant Holder is entitled to purchase pursuant to the Warrant surrendered. Upon
issuance, such person or persons shall be deemed to become the holder or holders
of record of such shares on the date of surrender and payment.

                                       47

<PAGE>

Section 4.03 - Subscription For Less than Entitlement

The Holder of any Warrant may subscribe for and purchase a number of shares less
than the number  which he is entitled to  purchase  pursuant to the  surrendered
Warrant. In the event of any purchase of a number of shares less than the number
that can be purchased  pursuant to a Warrant,  the Corporation  will endorse the
Warrant,  note  the  number  of  Warrants  exercised,  and  return  the  Warrant
Certificate to the Holder;  or in the  alternative,  the Corporation may issue a
new  Warrant  in  respect  of the  balance  of the  shares  which the Holder was
entitled to purchase pursuant to the surrendered Warrant and which were not then
purchased.

Section 4.04 - Warrants For Fractions of Shares

To the  extent  that the  Holder of any  Warrant is  entitled  to  receive  upon
exercise or partial  exercise,  a fraction of a common share,  such right may be
exercised in respect of such fraction only in combination  with another  Warrant
or other Warrants which in the aggregate  entitles the Holder to receive a whole
number of such shares.

Section 4.05 - Expiration of Warrants

After the  expiration of the period within which a Warrant is  exercisable,  all
rights will wholly cease and terminate, and such Warrant will thereafter be void
and of no effect.

Section 4.06 - Exercise Price

The price per share which must be paid to exercise a Warrant is as prescribed by
resolution  of the Board of  Directors of the  Corporation  and set forth on the
face of the Warrant Certificate.

Section 4.07 - Adjustment of Exercise Price

The exercise price and the number of shares deliverable upon the exercise of the
Warrants  will  be  subject  to  adjustment  in the  events  and  in the  manner
following:

a)   in the  event of any  subdivision  or  subdivisions  of the  shares  of the
     Corporation  as such shares are  constituted  on the Issuance  Date, at any
     time while the Warrants are  outstanding,  into a greater number of shares,
     the Corporation will deliver at the time of purchase of shares, in addition
     to the number of shares in respect of which the right to  purchase  is then
     being  exercised,  such  additional  number of shares as a result from such
     subdivision or  subdivisions,  without the bearer of the Warrant making any
     additional payment or giving any other consideration;

b)   in the event of any  consolidation or  consolidations  of the shares of the
     Corporation  as such shares are  constituted  on the Issuance  Date, at any
     time while the Warrants are  outstanding,  into a lesser  number of shares,
     the  Corporation  will deliver and the bearer will  accept,  at the time of
     purchase,  in lieu of the number of shares in respect of which the right to
     purchase is then being  exercised,  the lesser number of shares as a result
     from such consolidation or consolidations;

c)   in the event of any change of the shares of the  Corporation as such shares
     are  constituted  on the Issuance  Date, at any time while the Warrants are
     outstanding,  the  Corporation  will  deliver at the time of  purchase  the
     number of shares of the appropriate class resulting from such change as the

                                       48

<PAGE>

     bearer  would  have been  entitled  to  receive in respect of the number of
     shares so purchased,  had the right to purchase been exercised  before such
     change;

d)   in the event of any capital  reorganization,  reclassification or change of
     outstanding  equity  shares  of  the  Corporation  or in the  event  of any
     consolidation,  merger or amalgamation of the Corporation  with or into any
     other company,  then the Holder of each Warrant then  outstanding will have
     the right to purchase and receive,  in lieu of the shares  receivable  upon
     the exercise of the rights represented by the Warrants, the kind and amount
     of shares and other  securities and property  receivable  upon such capital
     reorganization,   reclassification,   change,   consolidation,   merger  or
     amalgamation  which the Holder of a number of shares equal to the number of
     shares  receivable  upon the  exercise  of the  rights  represented  by the
     Warrants would have received as a result of such event, but the subdivision
     or consolidation of shares at any time outstanding into a greater or lesser
     number of shares,  whether with or without par value, will not be deemed to
     be a capital  reorganization  or a  reclassification  of the capital of the
     Corporation for the purposes of this paragraphs (d);

e)   if the Corporation,  at any time while the Warrants are  outstanding,  pays
     any stock dividend or stock dividends upon the shares of the Corporation in
     respect of which the right to purchase is then given,  the Corporation will
     deliver  at the time of  purchase  of shares in  addition  to the number of
     shares in respect of which the right of purchase  is then being  exercised,
     the additional number of shares of the appropriate class as would have been
     payable on the shares so purchased as if they had been  outstanding  on the
     record date for the payment of such stock dividend;

f)   the  adjustments  provided for in this Section in the  subscription  rights
     pursuant to any Warrants are cumulative; and,

g)   the  Corporation  will  not be  required  to  issue  fractional  shares  in
     satisfaction of its obligations but, if any fractional interest in a shares
     would, except for the provisions of this paragraph (g), be deliverable upon
     the exercise of Warrant,  the Corporation  will, at its option,  in lieu of
     delivering a fractional share, satisfy the right to receive such fractional
     interest  by  payment  to the  Holder of such  Warrant of an amount in cash
     equal, computed in the case of a fraction of a cent to the next lower cent,
     to the current  market value of the right to subscribe for such  fractional
     interest,  computed  on the basis of the last  sale  price of shares of the
     Corporation on the NASDAQ Over-the Counter Bulletin Board preceding the day
     on which such exercise takes place.

Section 4.08 - Determination of Adjustments

If any questions arise with respect to the exercise price, such question will be
conclusively  determined by the Corporation's  auditors,  or, if they decline to
act, by any other national firm of Chartered  Accountants,  in Florida, that the
Corporation may designate and who will have access to all  appropriate  records,
and such  determination  will be binding upon the Corporation and the Holders of
the Warrants.

                     ARTICLE FIVE - COVENANTS BY THE COMPANY

The  Corporation  will  reserve,  and  there  will  remain  unissued  out of its
authorized  capital,  a  sufficient  number of shares to  satisfy  the rights of
purchase in the Warrants  should the Holders of all the  Warrants,  from time to
time  outstanding,  determine  to exercise  such rights in respect of all shares
which they are or may be entitled to purchase pursuant thereto.

                                       49

<PAGE>

            ARTICLE SIX - MODIFICATION OF TERMS, MERGER, SUCCESSORS

Section 6.01 - Modification of Terms for Certain Purposes

From time to time the Corporation may modify these Terms and Conditions, for any
one or more, or all, of the following purposes:

a)   adding to or altering these  provisions in respect of the  registration and
     transfer  of  Warrants  making  provision  for the  exchange of Warrants of
     different  denominations;  and making any  modification  in the form of the
     Warrants which does not affect their substance;

b)   for any other  purpose,  including the correction or  rectification  of any
     ambiguous, defective provisions, errors or omissions herein; or,

c)   to evidence any  succession of any  corporation  and the  assumption by any
     successor of the covenants of the Corporation and in the Warrants contained
     as provided in this Article.

Section 6.02 - No Extension of Expiry Date

Notwithstanding Section 6.01, no modification will be made to the Expiry Date of
Warrants without the prior written and signed consent of the Holder.

Section 6.03 - Corporation May Consolidate etc. On Certain Terms

Nothing  will  prevent  any   consolidation,   amalgamation  or  merger  of  the
Corporation with or into any other  corporation,  but the corporation  formed by
such  consolidation  or into  which  such  merger  will have been made will be a
corporation organized and existing under the laws of Canada or the United States
of America,  or any Province,  State,  District or Territory thereof,  and will,
simultaneously  with such  consolidation,  amalgamation or merger assume the due
and punctual  performance  and  observance of all the  covenants and  conditions
hereof to be performed or observed by the Corporation.

Section 6.04 - Successor Corporation Substituted

In case the Corporation is consolidated,  amalgamated or merged with or into any
other  corporation or  corporations,  the successor  corporation  formed by such
consolidation  or  amalgamation,  or into which the  Corporation  will have been
merged, will succeed to and be substituted for the Corporation  hereunder.  Such
changes  in  phraseology  and  form  (but not in  substance)  may be made in the
Warrants as may be appropriate in view of such  consolidation,  amalgamation  or
merger.

                                       50

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