Document:

EX-10.1

 Exhibit 10.1 
 EMPLOYMENT AGREEMENT 
 This Employment Agreement (the
“Agreement”) is effective as of the 29th day of June, 2012 and is made by and between PREMIER EXHIBITIONS, INC., a Florida corporation (the “Company”), and Samuel S. Weiser (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 with the title Interim President and Chief Executive
Officer 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 the Executive’s employment shall be June 29,
2012 (the “Effective Date”). 
 (b) Term. The Company’s employment of the Executive is not for a fixed
term. 
 2. Duties. 
 (a) General Duties. The Executive shall serve as the Company’s Interim President and Chief Executive Officer. The Executive shall perform duties that are customary for a President and Chief
Executive Officer in the Company’s industry and shall perform any additional duties that are reasonably assigned to him by the Company’s Board of Directors from time to time and consistent with his position. Without limiting the generality
of the foregoing, the Executive shall be responsible for managing and overseeing the Company’s business and operations. 

 (b) Best Efforts. The Executive shall: (a) conduct himself at all times with
integrity and in an ethical manner; (b) devote substantially all of his professional 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. Notwithstanding (a) above, Company agrees that Executive may serve on board of directors of other entities and engage in
charitable activities, provided that such positions and activities do not interfere with his employment duties hereunder. 
 (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. 

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 sixty thousand dollars
($360,000) (the “Base Salary”). The Company shall pay the Executive his Base Salary in equal installments no less than semi-monthly. 
 (b) 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, entertainment
and approved office expenses incurred in connection with the performance of his duties under this Agreement, including weekly commuting costs from the Executive’s home in Illinois and lodging, provided that the Executive properly accounts for
such expenses to the Company in accordance with the Company’s policies and practices. 
 (c) Stock Appreciation Right
Grant. On June 29, 2012 (the “Grant Date”), the Company shall grant to the Executive a Stock Appreciation Right covering two hundred fifty thousand (250,000) shares of the common stock of the Company (the “SAR”).
The SAR shall have an exercise price equal to the closing price of the Company’s common stock on the Grant Date, and shall vest, subject to the Executive’s continued employment in good-standing with the Company through the applicable
vesting date, as follows: 48,611 on June 29, 2012, 6,945 on the last day of each month beginning July 31, 2012, through and including July 31, 2013, and 6,944 on the last day of each month thereafter through and including
November 30, 2014. The SAR shall expire the earlier of (i) five years from the Grant Date or (ii) one year from the date the Executive voluntarily terminates his employment with the Company other than for Good Reason, as defined
below. The SAR shall be represented by a grant letter, the terms of which shall be consistent with this subsection, and shall contain such other terms as are consistent with the Company’s award of stock appreciation rights to other senior
executives of the Company. In the event that the Company sells all or substantially all of the assets of RMS Titanic, Inc. (including via a merger), or sells or otherwise disposes of more than 50% of the voting power of RMS Titanic, Inc., in either
case to a person or entity that is not an affiliate and in a transaction that does not constitute a “change in control” of the Company as defined in the 2009 Equity Incentive Plan (a “Sale”), and the Company declares a special
cash dividend with respect to the Company’s common shares out of the proceeds generated from the Sale, then effective as of the day immediately prior to the record date for the special cash dividend (the “Transaction Date”):
(i) to the extent that the SAR has not yet vested pursuant to its terms as of the Transaction Date, it shall be forfeited automatically without further action or notice (the “Forfeited SAR”) as of that date, (ii) the Executive
shall be eligible to receive a one-time transaction bonus opportunity 

  
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equal to the product of (x) the number of shares underlying the Forfeited SAR, and (y) the excess, if any, of the special cash dividend per share over the exercise price per share of
the Forfeited SAR (the “Transaction Bonus Opportunity”); and (iii) the Transaction Bonus Opportunity, if any, shall vest in equal monthly installments on the last day of each month (each a “Monthly Vesting Date”) during the
period commencing on the first Monthly Vesting Date that occurs immediately following the Transaction Date and ending December 31, 2014, provided that Executive remains employed with the Company and its affiliates through the applicable Monthly
Vesting Date. Notwithstanding the foregoing, the Transaction Bonus Opportunity shall become immediately vested in full if, prior to the date that the Transaction Bonus Opportunity becomes fully vested and while you are in the employ of the Company
and its affiliates, you die or become permanently disabled (defined by reference to the Company’s long-term disability plan that covers you) or a “change in control” of the Company occurs (as defined by reference to the 2009 Equity
Incentive Plan). The vested Transaction Bonus Opportunity, if any, shall be payable to Executive on the first regularly scheduled Company payroll date following the applicable vesting date. 

(d) Restricted Stock Unit Grant. On the Grant Date, the Company shall grant to the Executive seventy five thousand
(75,000) restricted stock units to be settled in shares of the common stock of the Company (the “Restricted Stock Units”). The Restricted Stock Units shall vest, subject to the Executive’s continued employment in good-standing
with the Company through the applicable vesting date, on June 29, 2012. The Restricted Stock Units shall be represented by a grant letter, the terms of which shall be consistent with this subsection, and shall contain such other terms as are
consistent with the Company’s award of Restricted Stock Units to other senior executives of the Company. 
 (e)
Additional Restricted Stock Unit Grant. On the Grant Date, the Company shall grant to the Executive a number of Restricted Stock Units determined by multiplying 250,000 by the excess, if any, of the stock price at the close of trading on the
Grant Date, over $2.44, and then dividing the resulting value by the closing price on the Grant Date. The Restricted Stock Units shall vest at the same rate and upon the same events as the SAR; the Restricted Stock Units shall also vest and
participate in any special cash dividend declared in connection with the Sale. The Restricted Stock Units shall be represented by a grant letter, the terms of which shall be consistent with this subsection, and shall contain such other terms as are
consistent with the Company’s award of Restricted Stock Units to other senior executives of the Company. 
 (f) Board
Compensation. As of July 1, 2012, the Executive waives his compensation for service as a member of the Company’s board of directors, such waiver to extend through the period of his service pursuant to this Agreement. The
Executive’s Restricted Stock Units granted on January 1, 2012 for board service shall be prorated as of July 1, 2012, and the portion earned shall vest on July 1, 2012. 

  
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 4. Benefits. 
 (a) Paid Time Off. For each calendar year during the Executive’s employment, the Executive shall be entitled to twenty-seven days of paid time off without loss of compensation or other
benefits to which he is entitled under this Agreement. Paid time off shall accrue in accordance with Company’s general policies related to paid time off. 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. Accrued but unused paid time off will be paid upon termination of employment. 

(b) Employee Benefit Programs. The Executive shall be entitled to all coverage under the Company’s employee benefits programs
of life, disability, basic medical and dental, and supplemental medical and dental insurance maintained by the Company for its senior executive employees beginning March 1, 2013. 

5. Term and Termination. 
 (a) Employment of Executive. The Company’s employment of the Executive is not for a fixed term. Either Party has the right to terminate this Agreement at any time and for any or no reason.

 (b) 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) termination of Executive’s employment due to
Executive’s failure to substantially perform duties reasonable and customary for a CEO in the Exhibition Business and/or failure to comply with the covenants and other provisions contained in this Agreement which are not remedied in a
reasonable period of time (of at least 30 days) 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; Conviction of a felony or
misdemeanor involving moral turpitude; or Intentional and willful misconduct relating to the Executive’s employment that may subject the Employer to criminal and or civil liability. 

(c) Termination Due to Incapacity. Company may terminate this Agreement without cause due to Executive’s continued failure to
perform his employment duties due to physical or mental incapacity. For purposes of this Section 5(c), “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 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. 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(d) below), provided that if any Company
disability policy is in effect at the time of termination, the salary continuation as described in Section 5(d)(i) shall be reduced on a dollar-for-dollar basis by the amount of payment under such disability policy. 

  
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 (d) 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 (e) and subject to the
Company’s right to cure as also provided in such clause (e)), then provided that Executive signs a release of claims in a form provided by the Company, within 30 days after the date of termination, and the release becomes 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
Executive’s equity grants pursuant to Section 3(c) (including any related Transaction Bonus Opportunity), Section 3(d) and Section 3(e) shall vest in full, to the extent such grants have not already vested, and shall be paid in
accordance with the terms, and subject to the conditions, of the applicable grant letter (collective, the Severance Payment”). Such Severance Payment together with claims for earned but unpaid compensation and benefits shall be the sole and
exclusive contractual remedy (specifically including all 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. 
 (e) “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 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 CEO in the Exhibition Business. The Executive is required to provide notice of the Good Reason within 90 days 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. Upon failure of the Company, within such 30 day period, to correct such act or failure to act, if the Executive terminates his employment with the Company within 150 calendar days
after the initial occurrence of the circumstance constituting Good Reason, a Severance Payment will be payable under this Agreement. 
 (f) 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.

(g) Change in Control. 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 the Company.

  
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 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. 
 (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 six (6) months after the termination thereof, regardless of the reason for the termination. A business shall be considered “Competitive with the Company” 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 the Company 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 the Company. 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 the Company. After the end of the Executive’s employment with the Company, the covenant in
this Section shall restrict the Executive’s conduct only within a fifty (50) mile radius of Atlanta, Georgia (the “Restricted Territory”). 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, 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 or her employment, engagement or contractual relationship with the Company. 

  
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 (ii) During 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 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 if such action relates solely to a business which is
not Competitive with the Company. 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, or (C) substantial knowledge of non-public information about the Company’s business relationship with or business strategies with respect to such parties.

 (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. 

  
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 (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 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:
	  	Chairman or Chief Financial Officer
		  	3340 Peachtree Road NE
		  	Suite 900
		  	Atlanta, GA 30326
		
	 To the Executive:
	  	Samuel S. Weiser
		  	c/o Foxdale Management LLC
		  	1 Northfield Plaza
		  	Suite 300
		  	Northfield, IL 60093

 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. 

  
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 10. Nature of Employment. Company and Executive expressly agree that the Company may
terminate the Executive’s employment at any time for any reason or for no reason, provided it is not terminated in violation of state or federal law, and that nothing in this Agreement should be construed to set a minimum term for
Executive’s employment by the Company. 
 11. 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. 

  
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 (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) Insurance. 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. 

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

							
		 		 	 COMPANY:
  

PREMIER EXHIBITIONS, INC.

				
	 Date: June 29, 2012
	 		 	By:	 	/s/ Michael Little
		 		 	Name:	 	Michael Little
		 		 	Its:	 	Chief Financial Officer and Chief Executive Officer

  

							
		 		 	EXECUTIVE:
				
	 Date: June 29, 2012
	 		 	By:	 	/s/ Samuel S. Weiser
		 		 	Name:	 	Samuel S. Weiser

  
 11EX-10.2

 Exhibit 10.2 
 PREMIER EXHIBITIONS, INC. 
 2009 EQUITY INCENTIVE PLAN 

STOCK APPRECIATION RIGHT AGREEMENT 
 Notice of Stock Appreciation Right 
 Premier Exhibitions, Inc., a Florida
corporation (the “Company”), grants to the Participant named below, in accordance with the terms of the Premier Exhibitions, Inc. 2009 Equity Incentive Plan (the “Plan”) and this Stock Appreciation Right Agreement (the
“Agreement”), a stock appreciation right (the “SAR”) at the exercise price per share (“Grant Price”) as follows: 
  

			
	 Name of Participant:
	  	Samuel S. Weiser
		
	 Number of Shares:
	  	250,000 Shares
		
	 Grant Price:
	  	$2.70 per share
		
	 Date of Grant:
	  	June 29, 2012

 Terms of Agreement 
 1. Grant of SAR. Subject to and upon the terms, conditions and restrictions set forth in this Agreement and in the Plan, the Company hereby grants to the Participant as of the Date of Grant a
Stock Appreciation Right with the Grant Price set forth above. This SAR shall entitle the recipient to receive, upon exercise, payment from the Company in an amount determined by multiplying: (i) the excess of the Fair Market Value of a Share
on the date of exercise over the Grant Price; by (ii) the number of Shares with respect to which the SAR is exercised. The payment upon the SAR exercise shall be in cash. 

 2. Vesting of SAR 

(a) Unless and until terminated as hereinafter provided, the SAR shall vest and become exercisable if the Participant shall have
remained in the continuous employ of the Company or a Subsidiary through the vesting dates set forth below with respect to the portion of Shares set forth next to such date: 

 

			
	Number of SARs Exercisable	  	Vesting Date
	 48,611
	  	June 29, 2012
	 6,945
	  	July 31, 2012
	 6,945
	  	August 31, 2012
	 6,945
	  	September 30, 2012
	 6,945
	  	October 31, 2012
	 6,945
	  	November 30, 2012
	 6,945
	  	December 31, 2012
	 6,945
	  	January 31, 2013
	 6,945
	  	February 28, 2013
	 6,945
	  	March 31, 2013
	 6,945
	  	April 30, 2013
	 6,945
	  	May 31, 2013
	 6,945
	  	June 30, 2013
	 6,945
	  	July 31, 2013
	 6,944
	  	August 31, 2013
	 6,944
	  	September 30, 2013
	 6,944
	  	October 31, 2013
	 6,944
	  	November 30, 2013
	 6,944
	  	December 31, 2013
	 6,944
	  	January 31, 2014
	 6,944
	  	February 28, 2014
	 6,944
	  	March 31, 2014
	 6,944
	  	April 30, 2014
	 6,944
	  	May 31, 2014
	 6,944
	  	June 30, 2014
	 6,944
	  	July 31, 2014
	 6,944
	  	August 31, 2014
	 6,944
	  	September 30, 2014
	 6,944
	  	October 31, 2014
	 6,944
	  	November 30, 2014

 (b) Notwithstanding the provisions of Section 2(a), the SAR will become immediately vested and
exercisable in full if, prior to the date the SAR becomes fully vested and exercisable pursuant to Section 2(a), and while the Participant is in the employ of the Company and its Subsidiaries, the Participant dies or becomes permanently
disabled (defined by reference to the Company’s long-term disability plan covering the Participant). 
 (c) Notwithstanding
the provisions of Section 2(a), the SAR 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 29, 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 Agreement, 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 or a leave of absence or layoff approved by the Committee. 

 3. Forfeiture of SAR. 

(a) To the extent that the SAR has not yet vested pursuant to Section 2 above, it shall be forfeited automatically without further
action or notice if the Participant ceases to be employed by the Company and its Subsidiaries prior to the Vesting Date other than as provided in Section 2(b) or (c). 
 (b) Notwithstanding any provision in this Agreement to the contrary, the SAR shall be subject to forfeiture or repayment to the extent required to comply with the Dodd-Frank Wall Street Reform and
Consumer Protection Act or any rules or regulations issued by the Securities and Exchange Commission rule or applicable securities exchange. This Section 3(b) shall survive and continue in full force in accordance with its terms notwithstanding
any termination of the Participant’s employment or the exercise of the SAR as provided herein. 
 4. Exercise of
SAR. To the extent that the SAR becomes vested and exercisable in accordance with this Agreement, it may be exercised in whole or in part from time to time by written notice to the Company or its designee stating the number of Shares for which
the SAR is being exercised (which number must be a whole number) and such other provisions as may be required by the Company or its designee. The SAR may be exercised, during the lifetime of the Participant, only by the Participant, or in the event
of his legal incapacity, by his guardian or legal representative acting on behalf of the Participant in a fiduciary capacity under state law and court supervision. If the Participant dies before the expiration of the SAR, all or part of this SAR may
be exercised (prior to expiration) by the personal representative of the Participant or by any person who has acquired this SAR directly from the Participant by will, bequest or inheritance. 

5. Term of SAR. The SAR will terminate on the earliest of the following dates: 

(a) One year after the Participant ceases to be an employee of the Company or any Subsidiary as a result of his death or permanent
disability (defined by reference to the Company’s long-term disability plan covering the Participant); 
 (b) One year
after the Participant voluntarily terminates his employment with the Company or any Subsidiary for any reason other than “Good Reason,” as defined in his Employment Agreement; 

(c) Immediately upon a termination for “Cause”, as defined in the Employment Agreement; or 

 (d) The fifth anniversary of the Date of Grant. 

Notwithstanding the foregoing provisions of this Section 5, the period during which the SAR can be exercised after a termination of
employment subject to Sections 5(a) or (b) above will automatically be extended if, on the scheduled expiration date of such SAR as set forth above, the Participant cannot exercise the SAR because such an exercise would violate an applicable
Federal, state, local, or foreign law; provided, however, that such period shall not extend beyond the earlier of (i) thirty days after the exercise of the SAR first would no longer violate an applicable Federal, state, local, and
foreign law, or (ii) the fifth anniversary of the Date of Grant. 
 6. Transferability. The SAR may not be sold,
exchanged, assigned, transferred, pledged, encumbered or otherwise disposed of by the Participant; provided, however, that the Participant’s rights with respect to such SAR may be transferred by will or pursuant to the laws of
descent and distribution. Any purported transfer or encumbrance in violation of the provisions of this Section 6 shall be void, and the other party to any such purported transaction shall not obtain any rights to or interest in such SAR.

 7. Change in Control. The SAR shall be subject to the provisions of Section 19 of the Plan in the event of a
Change in Control. 
 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. Taxes and Withholding. The Participant is responsible for payment of any federal, state, local or other taxes which
must be withheld upon the exercise of the SAR, and the Participant must promptly pay to the Company (or a Subsidiary, if applicable) any such taxes. The Company and its Subsidiaries are authorized to deduct from any payment owed to the Participant
any taxes required to be withheld with respect to the exercise of the SAR, including social security and Medicare (FICA) taxes and federal, state, local or other income tax with respect to income arising from the exercise of the SAR. 

10. Compliance with Law. The Company shall make reasonable efforts to comply with all applicable federal and state securities laws
and listing requirements of the NASDAQ Global Market or any national securities exchange with respect to the SAR. 

 11. Adjustments. The Exercise Price and the number and kind of shares of stock
covered by this Agreement shall be subject to adjustment as provided in Section 15 of the Plan. 
 12. 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 otherwise provided in the Plan. 

13. 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. 

14. Relation to Plan. The SAR granted under this Agreement and all the terms and conditions hereof are 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 or in the Plan, have the right to determine any questions which arise in connection with the grant or exercise of the SAR. All determinations and decisions made by the Committee pursuant to the provisions of the Plan shall be final,
conclusive and binding on all persons. 
 15. Successors and Assigns. Without limiting Section 6 hereof, 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. 

16. Governing Law. The interpretation, performance, and enforcement of this Agreement shall be governed by the laws of the Sate of
Florida, without giving effect to the principles of conflict of laws thereof. 

 17. 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. 

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 SAR on
the terms and conditions set forth herein and in the Plan. 
  

	
	 /s/ Samuel S. Weiser

	 Participant

	
	 Date: June 29, 2012

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