Document:

Execution
        Copy

       

      EMPLOYMENT
        AGREEMENT

      

      This
        Employment Agreement (“Agreement”)
        is
        made and entered into as of March __, 2008 (“Effective
        Date”),
        by
        and between Tix Corporation, a Delaware corporation (the “Company”),
        and
        Steve Boulay (“Executive”).

       

      
        WITNESSETH:

         

      

      WHEREAS,
        the Company desires to employ Executive, and Executive desires to accept
        such
        employment on the terms and conditions set forth herein.

       

      NOW,
        THEREFORE, in consideration of the mutual covenants hereinafter set forth,
        the
        parties hereto agree as follows:

       

      1. Engagement
        and Responsibilities

       

      1.1 Employment.
        Upon
        the terms and subject to the conditions set forth in this Agreement, and
        commencing as of the Effective Date, the Company hereby engages and employs
        Executive, with the title and designation “Chief Operating Officer” of Tix
        Productions, Inc. (“TPI”).
        Executive hereby accepts such engagement and employment pursuant to the terms
        hereof.
        Executive shall report to the Co- Chief Executive Officers of TPI. 

       

      1.2 Term.
        Unless
        otherwise terminated earlier in accordance with the provisions of this
        Agreement, Executive’s employment hereunder shall commence on the Effective Date
        and expire on the third anniversary of the Effective Date (the “Term”).

       

      1.3 Duties
        and Responsibilities.
        Executive shall perform such administrative, managerial and executive duties
        for
        the Business and TPI as are prescribed by applicable job specifications for,
        and
        such tasks and responsibilities as are customarily vested in and incidental
        to,
        the office of Chief Operating Officer, including, without limitation,
        implementing the directives and such other duties as may be assigned to him
        from
        time to time by the Co-Chief Executive Officers of TPI (collectively, the
        “Duties”).

       

      1.4 Executive
        agrees to devote all of Executive’s business time, energy and efforts to TPI and
        will use Executive’s best efforts and abilities faithfully and diligently to
        promote TPI. For so long as Executive is employed hereunder, Executive shall
        not, directly or indirectly, either as an employee, employer, consultant,
        agent,
        investor, principal, partner, stockholder (except as the holder of less than
        1%
        of the issued and outstanding stock of a publicly held corporation), corporate
        officer or director, or in any other individual or representative capacity,
        engage or participate in any business that is in competition in any manner
        whatsoever with the business of the Company Group, as such businesses are
        now or
        hereafter conducted. Subject to the foregoing prohibition and provided such
        services or investments do not violate any applicable law, regulation or
        order,
        or interfere in any way with the faithful and diligent performance by Executive
        of the services to the Company otherwise required or contemplated by this
        Agreement, the Company expressly acknowledges that Executive may:

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      1.4.1 make
        and
        manage personal business investments of Executive’s choice without consulting
        the Co-Chief Executive Officers of TPI; and

       

      1.4.2 serve
        in
        any capacity with any non-profit civic, educational or charitable organization.
        

       

      1.5 Covenants
        of Executive 

       

      1.5.1 Best
        Efforts.
        Executive
        shall report directly to the Co-Chief Executive Officers of TPI and shall
        devote
        his best efforts to TPI. Executive shall perform his duties, responsibilities
        and functions hereunder to the best of his abilities in a diligent, trustworthy,
        professional and efficient manner.

       

      1.5.2 Records
        and Reports.
        Executive shall use his best efforts and skills to truthfully, accurately,
        and
        promptly make, maintain, and preserve all records and reports relating to
        TPI,
        fully
        account for all money, records, equipment, materials, or other property
        belonging to TPI
        and the
        Company of which he may have custody, and promptly pay and deliver the same
        whenever he may be directed to do so by the Co-Chief
        Executive Officers of TPI.
        Executive agrees that he shall provide
        regular reports to the Co-Chief Executive Officers of TPI on all such matters
        within the scope of Executive’s employment hereunder.

       

      1.5.3 Rules
        and Regulations.
        Executive shall obey all orders and special instructions issued by the
Co-Chief
        Executive Officers of TPI.

       

      1.5.4 Opportunities.
        Executive shall make all business opportunities of which he becomes aware
        that
        are relevant to TPI and the Business available to the Company, and to no
        other
        person or entity or to himself individually.

       

      1.5.5 Compliance.
        Executive agrees that he shall perform his duties hereunder subject to and
        in
        compliance with all laws, rules and regulations applicable to TPI (including,
        without limitation, any applicable provisions of the Sarbanes-Oxley Act,
        and any
        other laws, rules and regulations applicable to TPI as a wholly owned subsidiary
        of a “reporting” company pursuant to federal securities laws).

       

      2. Definitions

       

      For
        purposes of this Agreement, the following capitalized terms shall have the
        meanings set forth below:

       

      2.1 “Business”
shall
        the business and operations of TPI during the Term, comprising the production
        and promotion of shows and events, including, without limitation, the historical
        business and operations of Magic Arts and NewSpace (in each case, as acquired
        by
        the Company pursuant to the Merger Agreements), any future shows, events
        or
        businesses acquired by TPI after the date hereof, and any future shows, events
        or businesses acquired by Company through the efforts of Executive during
        the
        term of Executive’s employment hereunder.

       

      2.2 “Co-Chief
        Executive Officers of TPI”
shall
        mean, collectively, Lee D. Marshall and Joseph B. Marsh.

       

      
        
           

        

        
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      2.3 “Company
        Group”
shall
        mean the Company and all subsidiaries of the Company, including, without
        limitation, TPI. 

       

      2.4 “Effective
        Date”
shall
        mean the date of this Agreement as first set forth above.

       

      2.5 “For
        Cause”
shall
        mean, in the context of a basis for termination of Executive’s employment with
        the Company, that:

       

      2.5.1 Executive
        breaches any material obligation, duty or agreement under this Agreement,
        which
        breach is not cured or corrected within 15 days of written notice thereof
        from the Company (except for breaches of Sections 1.4, 7
        and
8
        of this
        Agreement, which cannot be cured and for which the Company need not give
        any
        opportunity to cure); or

       

      2.5.2 Executive
        is grossly negligent in the performance of services to TPI, or commits any
        act
        of personal dishonesty, fraud, breach of fiduciary duty or trust that causes
        or
        is likely to cause material harm to the Company or TPI; or

       

      2.5.3 Executive
        is convicted of, or pleads guilty or nolo contendere with respect to, theft,
        fraud, a crime involving moral turpitude, or a felony under federal or
        applicable state law; or

       

      2.5.4 Executive
        commits any act of personal conduct that gives rise to a material risk of
        liability under federal or applicable state law for discrimination or sexual
        or
        other forms of harassment or other similar liabilities to subordinate employees;
        or

       

      2.5.5 Executive
        commits continued and repeated substantive violations of specific written
        directions of the Co-Chief Executive Officers of TPI, which directions are
        consistent with this Agreement and Executive’s position as an executive officer,
        or continued and repeated substantive failure to perform duties assigned
        by or
        pursuant to this Agreement; provided that no discharge shall be deemed for
        Cause
        under this paragraph unless Executive first receives written notice from
        the
        Company (or TPI) advising him of the specific acts or omissions alleged to
        constitute violations of written directions or a material failure to perform
        his
        duties, and such violations or material failure continue after he shall have
        had
        a reasonable opportunity to correct the acts or omissions so complained of;
        or

       

      2.5.6 Executive
        made any material misrepresentation or omission regarding his employment
        history, education or experience in connection with his negotiations to become
        an employee of the Company.

       

      Prior
        to
        any such termination by Company pursuant to paragraphs 2.5.2, 2.5.3, 2.5.4,
        2.5.5 and 2.5.6 hereof, any of which may constitute a basis for termination
        For
        Cause, the Company (or TPI) shall advise Executive in writing within fifteen
        (15) days of the occurrence of any such circumstances constituting the basis
        for
        termination For Cause. For the avoidance of doubt, with respect to any
        paragraphs 2.5.2, 2.5.3, 2.5.4, and 2.5.5, if Company (or TPI) fails to inform
        Executive in writing of the existence of such circumstances forming the basis
        for termination For Cause, as provided herein, the Company (and TPI) shall
        automatically forfeit the right thereafter to categorize such circumstances
        as a
        basis for termination For Cause and terminate Executive’s employment hereunder
        pursuant to Section 4.3.

       

      
        
           

        

        
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      2.6 “Good
        Reason”
shall
        mean, in the context of a basis for termination by Executive of his employment
        hereunder, without Executive’s consent, (i) modification of Executive’s duties
        inconsistent in any material respect with Executive's position (including
        titles
        and reporting relationships), authority, duties or responsibilities as
        contemplated by this Agreement, or any other action by the Company (or TPI)
        which results in a significant diminution in such position, authority, duties
        or
        responsibilities; or (ii) any failure by the Company to comply with any of
        the
        material provisions regarding Executive's salary, bonuses, perquisites and
        other
        benefits and amounts payable to Executive under this Agreement.

       

      2.7 “Magic
        Arts”
shall
        mean Magic Arts & Entertainment - Florida, a Florida corporation.

       

      2.8 “Merger
        Agreements”
shall
        mean, collectively, (i) that certain Agreement and Plan of Merger, dated
        as of
        February 29, 2008, by and among Tix Corporation, on the one hand, and Magic
        Arts
& Entertainment - Florida, Inc., Joseph B. Marsh and Lee D. Marshall, on the
        other hand; and (ii) that certain Agreement and Plan of Merger, dated as
        of the
        date of this Agreement, by and between Tix Corporation and NewSpace Acquisition,
        Inc., on the one hand, and NewSpace Entertainment, Inc., John Ballard, Steve
        Boulay and Bruce Granath, on the other hand. 

       

      2.9 “NewSpace”
shall
        mean NewSpace Entertainment, Inc., a Utah corporation. 

       

      2.10 “Person”
shall
        mean an individual or a partnership, corporation, trust, association, limited
        liability company, governmental authority or other entity.

       

      3. Compensation
        and Benefits

       

      3.1 Base
        Salary.
        The
        Company shall pay to Executive a salary in installments in the same manner
        and
        at the same times the Company pays salaries to other senior officers of the
        Company, but in no event less frequently than equal monthly installments.
        Executive’s initial base salary shall be at an annual rate of $185,000 (the
“Base
        Salary”).
        

       

      3.2 Annual
        Review.
        Executive’s Base Salary shall be reviewed for potential increase by the Company,
        based upon the Executive’s performance, not less often than annually. Any
        positive adjustments in Base Salary effected as a result of such review shall
        be
        made by the Company in its sole discretion; provided,
        however,
        that
        during the Term of this Agreement, the Executive shall receive a minimum
        increase of three percent (3%) per annum

       

      3.3 Expense
        Reimbursement.
        Executive shall be entitled to reimbursement from the Company or TPI for
        the
        reasonable costs and expenses that Executive incurs in connection with the
        performance of Executive’s duties and obligations under this
        Agreement.

       

      3.4 Benefit
        Plans.
        Executive shall be entitled to participate in any pension, savings and group
        term life, medical, dental, disability and other group benefit plans, which
        the
        Company makes available to its senior officers generally.

       

      3.5 Vacation.
        Executive shall be entitled to four (4) weeks paid vacation each year.

       

      
        
           

        

        
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      3.6 Withholding.
        The
        Company may deduct from any compensation payable to Executive (including
        payments made pursuant to Section 3
        of this
        Agreement in connection with or following termination of employment) amounts
        sufficient to cover Executive’s share of applicable federal, state and/or local
        income tax withholding, old-age and survivors’ and other social security
        payments, state disability and other insurance premiums and
        payments

       

      4. Term
        of Employment

       

      Except
        as
        contemplated in Section 1.2 of this Agreement, Executive’s employment pursuant
        to this Agreement shall commence on the Effective Date and shall terminate
        on
        the earliest to occur of the following:

       

      4.1 upon
        the
        death of Executive;

       

      4.2 upon
        delivery to Executive of written notice of termination by the Company if
        Executive shall suffer a physical or mental disability which renders Executive,
        in the reasonable judgment of the Chief Executive Officer of the Company,
        unable
        to perform his duties and obligations under this Agreement for either 60
        consecutive days or 120 days in any 12-month period;

       

      4.3 upon
        delivery to Executive of written notice of termination by the Company For
        Cause; 

       

      4.4 upon
        delivery to Executive of written notice of termination by the Company without
        Cause; or 

       

      4.5 upon
        delivery to the Company of written notice of termination by Executive for
        Good
        Reason; provided,
        however,
        prior
        to any such termination by Executive pursuant to this Section 4.5, Executive
        shall advise the Company in writing within fifteen (15) days of the occurrence
        of any circumstances that would constitute Good Reason, and the Company does
        not
        cure such circumstances within 15 days following receipt of Executive’s written
        notice.
        For the
        avoidance of doubt, with respect to any specific set of circumstances that
        may
        constitute a basis for Good Reason, if Executive fails to inform the Company
        in
        writing, as provided herein, of the existence of such circumstances, Executive
        shall automatically forfeit the right thereafter to categorize such
        circumstances as Good Reason and terminate his employment hereunder pursuant
        to
        this Section 4.5.

       

      5. Compensation
        and Benefits Following Termination of Employment

       

      5.1 If
        Executive’s employment is terminated pursuant to Section 4.1
        (death),
        Section 4.2
        (disability), or Section 4.3 (by the Company For Cause), Executive shall
        be
        entitled to salary accrued through the date of termination and no other benefits
        other than as required under the terms of employee benefit plans in which
        Executive was participating as of the date of termination. 

       

      5.2 If
        Executive’s employment is terminated by the Company pursuant to
        Section 4.4
        (without
        Cause) or by Executive pursuant to Section 4.5 (Good Reason), Executive shall
        be
        entitled to continue to receive the salary at the rate in effect upon the
        date
        of termination of employment for six (6) months following the date of
        termination of employment, payable in accordance with the Company’s normal
        payroll practices and policies, as if Executive’s employment had not
        terminated.
        Executive shall be entitled to no other post-employment benefits except for
        benefits payable under applicable benefit plans in which Executive is entitled
        to participate pursuant to Section 3.3 hereof through the date of termination,
        subject to and in accordance with the terms of such plans

       

      
        
           

        

        
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      5.3 As
        a
        condition to Executive’s right to receive any benefits pursuant to Section
5.2
        of this
        Agreement:

       

      5.3.1 Executive
        must execute and deliver to the Company a written release in form and substance
        satisfactory to the Company, of any and all claims against the Company Group
        and
        all directors and officers of the Company Group with respect to all matters
        arising out of Executive’s employment hereunder, or the termination thereof
        (other than claims for entitlements under the terms of this Agreement or
        plans
        or programs of the Company in which Executive has accrued a benefit);
        and

       

      5.3.2 Executive
        must not breach any of his covenants and agreements under Sections 7 and
        8 of
        this Agreement, which continue following termination of his
        employment.

       

       

      5.4 In
        the
        event of termination of Executive’s employment pursuant to
        Section 4.3
        (by the
        Company For Cause), and subject to applicable law and regulations, the Company
        shall be entitled offset against any payments due Executive the loss and
        damage,
        if any, which shall have been suffered by the Company as a result of the
        acts or
        omissions of Executive giving rise to termination under
        Section 4.3.
        The
        foregoing shall not be construed to limit any cause of action, claim or other
        rights, which the Company may have against Executive in connection with such
        acts or omissions.

       

      5.5 Executive
        acknowledges that the Company has the right to terminate Executive’s employment
        without Cause, and both parties hereby agree that such termination shall
        not be
        a breach of this Agreement or any other express or implied agreement between
        the
        Company and Executive. Accordingly, in the event of such termination, each
        of
        the Company and Executive shall be entitled only to those benefits and rights
        specifically provided for in this Agreement in the event of such termination,
        and shall not have any other rights to any compensation or damages for breach
        of
        contract.

       

      6. Representations
        and Warranties of Executive

       

      Executive
        represents and warrants to the Company that:

       

      6.1 Executive
        has full power and authority to enter into and fully perform this Agreement,
        and
        this Agreement does not conflict with or violate any other agreement,
        obligation, order or other restriction to which Executive is
        subject.

       

      6.2 Executive
        is not a party to any litigation, nor is aware of any threatened action,
        proceeding or litigation which (a) could in any way involve the Company or
        (b) will result in Executive’s inability to perform his obligations
        hereunder, including any action which could be reasonably foreseen to require
        a
        significant amount of Executive’s time.

       

      
        
           

        

        
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      6.3 This
        Agreement has been duly executed by Executive and constitutes a binding and
        valid obligation of Executive, enforceable in accordance with its
        terms.

       

      6.4 Executive
        has
        fully
        disclosed in writing any debarment, suspension or material sanctions imposed
        within the last ten years by any federal or state governmental agency or
        instrumentality or government-sponsored enterprise on either Executive
        or
        any
        company for which Executive
        was
        a
        senior officer with respect to operations under Executive
        supervision.

       

      6.5 Executive
        has
        completely and accurately disclosed to the Company, pursuant to Exhibit
        A
        attached
        hereto, all legal proceedings, orders, bankruptcies, and judgments, which
        Executive
        has
        been
        the subject of, during the past five years.

       

      7. Covenant
        Not To Solicit;
        Non-Compete

       

      If
        Executive’s employment is terminated by the Company pursuant to Section 4.3 (for
        Cause) or this Agreement expires upon its terms, then during the period from
        the
        date on which Executive’s employment with the Company is terminated through the
        fifth anniversary of such date, except pursuant to the prior written consent
        of
        the Chief Executive Officer of the Company, Executive shall not, directly
        or
        indirectly, either as employer, consultant, advisor, agent, investor, principal,
        partner, stockholder (except as the holder of less than 1% of the issued
        and
        outstanding stock of a publicly held corporation), or in any other individual
        or
        representative capacity, (i) engage or participate in the production or
        promotion of any show or event presently owned or produced by the Company
        or TPI
        (including, without limitation, all shows and events acquired by the Company
        pursuant to the Merger Agreements), or hereafter owned, acquired, or produced
        by
        the Company or TPI during Executive’s employment pursuant to this Agreement (all
        such shows and events, the “Non-Compete
        Events”);
        and
        (ii) engage or participate in the exhibition, presentation or promotion of
        the
        Non-Compete Events in Akron, Boise, Kalamazoo, Salt Lake City, Eugene, Fresno
        and Albuquerque, or any other markets in which the Company or TPI exhibits,
        presents or promotes the Non-Compete Events during Executive’s employment
        pursuant to this Agreement.

       

      8. Confidentiality

       

      Executive
        agrees not to disclose or use at any time (whether during or after Executive’s
        employment with the Company) for Executive’s own benefit or purposes or the
        benefit or purposes of any other Person any information, data, trade secrets
        and
        confidential or proprietary information relating to the business, operations,
        assets and liabilities of the Company Group, including without limitation
        all
        customers and/or suppliers’ identities, characteristics and agreements,
        financial information and projections, employee files, business and marketing
        plans, sales activities, pricing methodologies, credit and financial data
        and
        financial methods (the “Confidential
        Material”);
        provided,
        however,
        that
        the foregoing shall not apply to information which is not unique to the Company
        Group or which is generally known to the industry or the public other than
        as a
        result of Executive’s breach of this covenant. Executive agrees that upon
        termination of his employment with the Company for any reason, he will return
        to
        the Company immediately all memoranda, books, papers, plans, information,
        letters and other data, and all copies thereof or therefrom, in any way relating
        to the business of the Company Group, except that he may retain personal
        notes,
        notebooks, diaries, rolodexes and addresses and phone numbers. Executive
        further
        agrees that he will not retain or use for his account at any time any trade
        names, trademark or other proprietary business designation used or owned
        in
        connection with the business of any member of the Company Group.

       

      
        
           

        

        
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      9. Specific
        Performance.
        Executive acknowledges and agrees that the Company’s remedies at law for a
        breach or threatened breach of any of the provisions of Sections 1.4,
7
        or
8
        hereof
        would be inadequate and, in recognition of this fact, Executive agrees that,
        in
        the event of such a breach or threatened breach, in addition to any remedies
        at
        law, the Company, without posting any bond, shall be entitled to obtain
        equitable relief in the form of specific performance, temporary restraining
        order, temporary or permanent injunction or any other equitable remedy which
        may
        then be available.

       

      10. Arbitration
        of Disputes

       

      10.1 Except
        as
        set forth in Section 10.2
        below,
        any controversy or claim between the Company and Executive relating to
        Executive’s employment with the Company, including but not limited to those
        arising out of or relating to this Agreement and those involving conduct
        alleged
        to be in violation of local, state or federal statutory or common law
        (including, but not limited to, any claim of unlawful discrimination,
        harassment, retaliation, breach of fiduciary duty, misappropriation of trade
        secrets and unfair competition), shall be settled by final and binding
        arbitration. The arbitration shall be conducted in accordance with the National
        Rules for the Resolution of Employment Disputes of the American Arbitration
        Association (“AAA”),
        and a
        judgment upon any award rendered by the arbitrator may be entered in any
        court
        having jurisdiction. The arbitration shall be heard in Los Angeles, California.
        California Code of Civil Procedure Section 1283.05, which provides for certain
        discovery rights, shall apply to any arbitration. The arbitrator shall apply,
        as
        applicable, federal or California substantive law and law of remedies. The
        arbitrator’s remedial authority shall be no greater than that which is available
        under the statutory or common law theory asserted. The Company shall bear
        the
        cost of the arbitrator’s fees and other costs (which do not include attorneys’
fees) unique to arbitration in compliance with applicable law.

       

      10.2 Subsection 10.1
        above
        does not apply to or cover the following claims: (a) claims for workers’
compensation benefits; (b) claims for unemployment compensation benefits;
        (c)
        claims brought in court to compel arbitration under this Agreement, to enforce
        an arbitration award or to obtain preliminary injunctive and/or other equitable
        relief in support of claims to be prosecuted in an arbitration by either
        party;
        and (d) claims based upon a pension or benefit plan which contains an
        arbitration or other dispute resolution procedure, in which case the provisions
        of such plan shall apply.

       

      11. Miscellaneous

       

      11.1 Notices.
        All
        notices, requests, demands and other communications (collectively, “Notices”)
        given
        pursuant to this Agreement shall be in writing, and shall be delivered by
        personal service, courier, facsimile transmission or by United States first
        class, registered or certified mail, addressed to the following
        addresses:

       

      
        
           

        

        
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                11.1.1 If
                  to the Company, to:

                 

                12001
                  Ventura Place, Suite 340

                Studio
                  City, CA 91604

                Tel:
                  (818) 761-1002

                Fax:
                  (818) 761-1072

                Attn:
                  Mitch Francis

                 

                with
                  a copy, which shall not constitute notice to:

                 

                Troy
                  & Gould

                1801
                  Century Park East, Suite 1600

                Los
                  Angeles, CA 90067

                Attention:
                  David Ficksman

                Tel:
                  (310) 553-4441

                Fax:
                  (310) 201-4746

              
	 
	
                11.1.2 If
                  to Executive, to:

                 

                to
                  Executive’s address as set forth on the books and records of the
                  Company

                 

                with
                  a copy, which shall not constitute notice to:

                 

                Holland
                  & Hart LLP

                Attn:
                  Gregory Lindley

                60
                  E. South Temple, Suite 2000

                Salt
                  Lake City, UT 84111

              
	 

      

      Any
        Notice, other than a Notice sent by registered or certified mail, shall be
        effective when received; a Notice sent by registered or certified mail, postage
        prepaid return receipt requested, shall be effective on the earlier of when
        received or the third day following deposit in the United States mails (or
        on
        the seventh day if sent to or from an address outside the United States).
        Any
        party may from time to time change its address for further Notices hereunder
        by
        giving notice to the other party in the manner prescribed in this
        Section.

       

      11.2 Entire
        Agreement.
        This
        Agreement contains the sole and entire agreement and understanding of the
        parties with respect to the entire subject matter of this Agreement, and
        any and
        all prior discussions, negotiations, commitments and understandings, whether
        oral or otherwise. No representations, oral or otherwise, express or implied,
        other than those contained in this Agreement have been relied upon by any
        party
        to this Agreement. Notwithstanding the foregoing, Executive acknowledges
        that
        the Company has relied on his resume and other documents which may have been
        provided by Executive, and oral statements regarding Executive’s employment
        history, education and experience, in determining to enter into the Agreement,
        and material misrepresentations (or omissions) in connection with such documents
        may constitute the basis of termination For Cause, as contemplated by the
        definition of For Cause.

       

      
        
           

        

        
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      11.3 Severability.
        In the
        event that any provision or portion of this Agreement shall be determined
        to be
        invalid or unenforceable for any reason, in whole or in part, the remaining
        provisions of this Agreement shall be unaffected thereby and shall remain
        in
        full force and effect to the fullest extent permitted by law.

       

      11.4 Governing
        Law.
        This
        Agreement shall be construed in accordance with the laws of the State of
        California without giving effect to the principles of conflicts of law
        thereof.

       

      11.5 Captions.
        The
        various captions of this Agreement are for reference only and shall not be
        considered or referred to in resolving questions of interpretation of this
        Agreement.

       

      11.6 Counterparts.
        This
        Agreement may be executed in any number of counterparts, each of which shall
        be
        deemed to be an original, but all of which together shall constitute one
        and the
        same instrument.

       

      11.7 Business
        Day.
        If the
        last day permissible for delivery of any notice under any provision of this
        Agreement, or for the performance of any obligation under this Agreement,
        shall
        be other than a business day, such last day for such notice or performance
        shall
        be extended to the next following business day (provided, however, under
        no
        circumstances shall this provision be construed to extend the date of
        termination of this Agreement).

       

      11.8 Attorneys’
        Fees.
        In any
        arbitration proceeding or court action relating to this Agreement or Executive’s
        employment with the Company, the prevailing party shall be entitled to recover
        its reasonable attorneys’ fees and costs. 

       

      11.9 Advice
        from Independent Counsel.
        The
        parties hereto understand that this Agreement is legally binding and may
        affect
        such party’s rights. Each party represents to the other that it has received
        legal advice from counsel of its choice regarding the meaning and legal
        significance of this Agreement to which it is a party and that it is satisfied
        with its legal counsel and the advice received from it.

       

      11.10 Judicial
        Interpretation.
        Should
        any provision of this Agreement require judicial interpretation, it is agreed
        that a court interpreting or construing the same shall not apply a presumption
        that the terms hereof shall be more strictly construed against any Person
        by
        reason of the rule of construction that a document is to be construed more
        strictly against the Person who itself or through its agent prepared the
        same,
        it being agreed that all Parties have participated in the preparation of
        this
        Agreement.

       

      11.11 Waiver
        of Jury Trial.
        IF
        NOTWITHSTANDING THE AGREEMENT THAT ALL DISPUTES BE SUBMITTED TO BINDING
        ARBITRATION, A DISPUTE IS SUBMITTED TO A COURT, EACH PARTY HERETO WAIVES
        THE
        RIGHT TO A TRIAL BY JURY IN ANY DISPUTE IN CONNECTION WITH OR RELATING TO
        THIS
        AGREEMENT, ANY RELATED AGREEMENT OR ANY MATTERS DESCRIBED OR CONTEMPLATED
        HEREIN
        OR THEREIN, AND AGREE TO TAKE ANY AND ALL ACTION NECESSARY OR APPROPRIATE
        TO
        EFFECT SUCH WAIVER. IN THE EVENT OF LITIGATION, THIS AGREEMENT MAY BE FILED
        AS
        WRITTEN CONSENT TO A TRIAL BY THE COURT.

       

      
        
           

        

        
          -10-

          
            

          

        

        
           

        

      

      11.12 Section
        409A.
        Notwithstanding the timing of payments set forth in this Agreement, if the
        Company determines that Executive is a “specified employee” within the meaning
        of Section 409A of the Internal Revenue Code of 1986, as amended, and that,
        as a
        result of such status, any portion of the payment under this Agreement would
        be
        subject to additional taxation, the Company will delay paying any portion
        of
        such payment until the earliest permissible date on which payments may commence
        without triggering such additional taxation (with such delay not to exceed
        six
        months), with the first such payment to include the amounts that would have
        been
        paid earlier but for the above delay.

       

      IN
        WITNESS WHEREOF, this Agreement has been made and entered into as of the
        date
        and year first above written.

       

       

      
        	 	
                TIX
                  CORPORATION, 

                a
                  Delaware corporation

              
	 	 	 
	 	By:	  
	 	Title:	  
	 	 	 

      

       

      
        	 	EXECUTIVE
	 	 
	 	 
                
	 	Steve
                Boulay

      

      
        

           

       

           

      
        
           

        

        
          -11-

          
            

          

        

        
           

        

      

      

      EXHIBIT
        A

       

      Legal
        Proceedings

       

      Executive
        hereby represents and warrants to the Company that (i) there has not been
        any
        bankruptcy petition filed by or against any business of which Executive was
        a
        general partner or executive officer at the time of bankruptcy or within
        two
        years prior thereto; (ii) Executive has not been convicted in a criminal
        proceeding or been the subject of a pending criminal proceeding (excluding
        traffic violations and other minor traffic offenses); and (iii) Executive
        has
        not been the subject of any order, judgment or decree, not subsequently
        reversed, suspended or vacated, of any court of competent jurisdiction,
        permanently or temporarily enjoining, barring, suspending or otherwise limiting
        Executive’s involvement in any type of business, securities or banking
        activities; Executive has not been found by a court of competent jurisdiction
        in
        a civil action, by the Securities and Exchange Commission or the Commodity
        Futures Trading Commission to have violated a federal or state securities
        or
        commodities laws, where such judgment has not been reversed, suspended or
        vacated.

       

       

       

       

      
        
           

        

        
          -12-Execution
      Copy

     

    EMPLOYMENT
      AGREEMENT

     

    

    This
      Employment Agreement (“Agreement”)
      is
      made and entered into as of March __, 2008 (“Effective
      Date”),
      by
      and between Tix Corporation, a Delaware corporation (the “Company”),
      and
      Bruce Granath (“Executive”).

     

    
      WITNESSETH:

       

    

    WHEREAS,
      the Company desires to employ Executive, and Executive desires to accept such
      employment on the terms and conditions set forth herein.

     

    NOW,
      THEREFORE, in consideration of the mutual covenants hereinafter set forth,
      the
      parties hereto agree as follows:

     

    1. Engagement
      and Responsibilities

     

    1.1 Employment.
      Upon
      the terms and subject to the conditions set forth in this Agreement, and
      commencing as of the Effective Date, the Company hereby engages and employs
      Executive, with the title and designation “Vice President of Marketing” of Tix
      Productions, Inc. (“TPI”).
      Executive hereby accepts such engagement and employment pursuant to the terms
      hereof.
      Executive shall report to the Co- Chief Executive Officers of TPI. 

     

    1.2 Term.
      Unless
      otherwise terminated earlier in accordance with the provisions of this
      Agreement, Executive’s employment hereunder shall commence on the Effective Date
      and expire on the third anniversary of the Effective Date (the “Term”).

     

    1.3 Duties
      and Responsibilities.
      Executive shall perform such administrative, managerial and executive duties
      for
      the Business and TPI as are prescribed by applicable job specifications for,
      and
      such tasks and responsibilities as are customarily vested in and incidental
      to,
      the office of Chief Operating Officer, including, without limitation,
      implementing the directives and such other duties as may be assigned to him
      from
      time to time by the Co-Chief Executive Officers of TPI (collectively, the
“Duties”).

     

    1.4 Executive
      agrees to devote all of Executive’s business time, energy and efforts to TPI and
      will use Executive’s best efforts and abilities faithfully and diligently to
      promote TPI. For so long as Executive is employed hereunder, Executive shall
      not, directly or indirectly, either as an employee, employer, consultant, agent,
      investor, principal, partner, stockholder (except as the holder of less than
      1%
      of the issued and outstanding stock of a publicly held corporation), corporate
      officer or director, or in any other individual or representative capacity,
      engage or participate in any business that is in competition in any manner
      whatsoever with the business of the Company Group, as such businesses are now
      or
      hereafter conducted. Subject to the foregoing prohibition and provided such
      services or investments do not violate any applicable law, regulation or order,
      or interfere in any way with the faithful and diligent performance by Executive
      of the services to the Company otherwise required or contemplated by this
      Agreement, the Company expressly acknowledges that Executive may:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    1.4.1 make
      and
      manage personal business investments of Executive’s choice without consulting
      the Co-Chief Executive Officers of TPI; and

     

    1.4.2 serve
      in
      any capacity with any non-profit civic, educational or charitable organization.
      

     

    1.5 Covenants
      of Executive 

     

    1.5.1 Best
      Efforts.
      Executive
      shall report directly to the Co-Chief Executive Officers of TPI and shall devote
      his best efforts to TPI. Executive shall perform his duties, responsibilities
      and functions hereunder to the best of his abilities in a diligent, trustworthy,
      professional and efficient manner.

     

    1.5.2 Records
      and Reports.
      Executive shall use his best efforts and skills to truthfully, accurately,
      and
      promptly make, maintain, and preserve all records and reports relating to
TPI,
      fully
      account for all money, records, equipment, materials, or other property
      belonging to TPI
      and the
      Company of which he may have custody, and promptly pay and deliver the same
      whenever he may be directed to do so by the Co-Chief
      Executive Officers of TPI.
      Executive agrees that he shall provide
      regular reports to the Co-Chief Executive Officers of TPI on all such matters
      within the scope of Executive’s employment hereunder.

     

    1.5.3 Rules
      and Regulations.
      Executive shall obey all orders and special instructions issued by the
Co-Chief
      Executive Officers of TPI.

     

    1.5.4 Opportunities.
      Executive shall make all business opportunities of which he becomes aware that
      are relevant to TPI and the Business available to the Company, and to no other
      person or entity or to himself individually.

     

    1.5.5 Compliance.
      Executive agrees that he shall perform his duties hereunder subject to and
      in
      compliance with all laws, rules and regulations applicable to TPI (including,
      without limitation, any applicable provisions of the Sarbanes-Oxley Act, and
      any
      other laws, rules and regulations applicable to TPI as a wholly owned subsidiary
      of a “reporting” company pursuant to federal securities laws).

     

    2. Definitions

     

    For
      purposes of this Agreement, the following capitalized terms shall have the
      meanings set forth below:

     

    2.1 “Business”
shall
      the business and operations of TPI during the Term, comprising the production
      and promotion of shows and events, including, without limitation, the historical
      business and operations of Magic Arts and NewSpace (in each case, as acquired
      by
      the Company pursuant to the Merger Agreements), any future shows, events or
      businesses acquired by TPI after the date hereof, and any future shows, events
      or businesses acquired by Company through the efforts of Executive during the
      term of Executive’s employment hereunder.

     

    2.2 “Co-Chief
      Executive Officers of TPI”
shall
      mean, collectively, Lee D. Marshall and Joseph B. Marsh.

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    2.3 “Company
      Group”
shall
      mean the Company and all subsidiaries of the Company, including, without
      limitation, TPI. 

     

    2.4 “Effective
      Date”
shall
      mean the date of this Agreement as first set forth above.

     

    2.5 “For
      Cause”
shall
      mean, in the context of a basis for termination of Executive’s employment with
      the Company, that:

     

    2.5.1 Executive
      breaches any material obligation, duty or agreement under this Agreement, which
      breach is not cured or corrected within 15 days of written notice thereof
      from the Company (except for breaches of Sections 1.4, 7
      and
8
      of this
      Agreement, which cannot be cured and for which the Company need not give any
      opportunity to cure); or

     

    2.5.2 Executive
      is grossly negligent in the performance of services to TPI, or commits any
      act
      of personal dishonesty, fraud, breach of fiduciary duty or trust that causes
      or
      is likely to cause material harm to the Company or TPI; or

     

    2.5.3 Executive
      is convicted of, or pleads guilty or nolo contendere with respect to, theft,
      fraud, a crime involving moral turpitude, or a felony under federal or
      applicable state law; or

     

    2.5.4 Executive
      commits any act of personal conduct that gives rise to a material risk of
      liability under federal or applicable state law for discrimination or sexual
      or
      other forms of harassment or other similar liabilities to subordinate employees;
      or

     

    2.5.5 Executive
      commits continued and repeated substantive violations of specific written
      directions of the Co-Chief Executive Officers of TPI, which directions are
      consistent with this Agreement and Executive’s position as an executive officer,
      or continued and repeated substantive failure to perform duties assigned by
      or
      pursuant to this Agreement; provided that no discharge shall be deemed for
      Cause
      under this paragraph unless Executive first receives written notice from the
      Company (or TPI) advising him of the specific acts or omissions alleged to
      constitute violations of written directions or a material failure to perform
      his
      duties, and such violations or material failure continue after he shall have
      had
      a reasonable opportunity to correct the acts or omissions so complained of;
      or

     

    2.5.6 Executive
      made any material misrepresentation or omission regarding his employment
      history, education or experience in connection with his negotiations to become
      an employee of the Company.

     

    Prior
      to
      any such termination by Company pursuant to paragraphs 2.5.2, 2.5.3, 2.5.4,
      2.5.5 and 2.5.6 hereof, any of which may constitute a basis for termination
      For
      Cause, the Company (or TPI) shall advise Executive in writing within fifteen
      (15) days of the occurrence of any such circumstances constituting the basis
      for
      termination For Cause. For the avoidance of doubt, with respect to any
      paragraphs 2.5.2, 2.5.3, 2.5.4, and 2.5.5, if Company (or TPI) fails to inform
      Executive in writing of the existence of such circumstances forming the basis
      for termination For Cause, as provided herein, the Company (and TPI) shall
      automatically forfeit the right thereafter to categorize such circumstances
      as a
      basis for termination For Cause and terminate Executive’s employment hereunder
      pursuant to Section 4.3.

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    2.6 “Good
      Reason”
shall
      mean, in the context of a basis for termination by Executive of his employment
      hereunder, without Executive’s consent, (i) modification of Executive’s duties
      inconsistent in any material respect with Executive's position (including titles
      and reporting relationships), authority, duties or responsibilities as
      contemplated by this Agreement, or any other action by the Company (or TPI)
      which results in a significant diminution in such position, authority, duties
      or
      responsibilities; or (ii) any failure by the Company to comply with any of
      the
      material provisions regarding Executive's salary, bonuses, perquisites and
      other
      benefits and amounts payable to Executive under this Agreement.

     

    2.7 “Magic
      Arts”
shall
      mean Magic Arts & Entertainment - Florida, a Florida corporation.

     

    2.8 “Merger
      Agreements”
shall
      mean, collectively, (i) that certain Agreement and Plan of Merger, dated as
      of
      February 29, 2008, by and among Tix Corporation, on the one hand, and Magic
      Arts
& Entertainment - Florida, Inc., Joseph B. Marsh and Lee D. Marshall, on the
      other hand; and (ii) that certain Agreement and Plan of Merger, dated as of
      the
      date of this Agreement, by and between Tix Corporation and NewSpace Acquisition,
      Inc., on the one hand, and NewSpace Entertainment, Inc., John Ballard, Steve
      Boulay and Bruce Granath, on the other hand. 

     

    2.9 “NewSpace”
shall
      mean NewSpace Entertainment, Inc., a Utah corporation. 

     

    2.10 “Person”
shall
      mean an individual or a partnership, corporation, trust, association, limited
      liability company, governmental authority or other entity.

     

    3. Compensation
      and Benefits

     

    3.1 Base
      Salary.
      The
      Company shall pay to Executive a salary in installments in the same manner
      and
      at the same times the Company pays salaries to other senior officers of the
      Company, but in no event less frequently than equal monthly installments.
      Executive’s initial base salary shall be at an annual rate of $115,000 (the
“Base
      Salary”).
      

     

    3.2 Annual
      Review.
      Executive’s Base Salary shall be reviewed for potential increase by the Company,
      based upon the Executive’s performance, not less often than annually. Any
      positive adjustments in Base Salary effected as a result of such review shall
      be
      made by the Company in its sole discretion; provided,
      however,
      that
      during the Term of this Agreement, the Executive shall receive a minimum
      increase of three percent (3%) per annum

     

    3.3 Expense
      Reimbursement.
      Executive shall be entitled to reimbursement from the Company or TPI for the
      reasonable costs and expenses that Executive incurs in connection with the
      performance of Executive’s duties and obligations under this
      Agreement.

     

    3.4 Benefit
      Plans.
      Executive shall be entitled to participate in any pension, savings and group
      term life, medical, dental, disability and other group benefit plans, which
      the
      Company makes available to its senior officers generally.

     

    3.5 Vacation.
      Executive shall be entitled to four (4) weeks paid vacation each year.

     

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

    3.6 Withholding.
      The
      Company may deduct from any compensation payable to Executive (including
      payments made pursuant to Section 3
      of this
      Agreement in connection with or following termination of employment) amounts
      sufficient to cover Executive’s share of applicable federal, state and/or local
      income tax withholding, old-age and survivors’ and other social security
      payments, state disability and other insurance premiums and
      payments

     

    4. Term
      of Employment

     

    Except
      as
      contemplated in Section 1.2 of this Agreement, Executive’s employment pursuant
      to this Agreement shall commence on the Effective Date and shall terminate
      on
      the earliest to occur of the following:

     

    4.1 upon
      the
      death of Executive;

     

    4.2 upon
      delivery to Executive of written notice of termination by the Company if
      Executive shall suffer a physical or mental disability which renders Executive,
      in the reasonable judgment of the Chief Executive Officer of the Company, unable
      to perform his duties and obligations under this Agreement for either 60
      consecutive days or 120 days in any 12-month period;

     

    4.3 upon
      delivery to Executive of written notice of termination by the Company For
      Cause; 

     

    4.4 upon
      delivery to Executive of written notice of termination by the Company without
      Cause; or 

     

    4.5 upon
      delivery to the Company of written notice of termination by Executive for Good
      Reason; provided,
      however,
      prior
      to any such termination by Executive pursuant to this Section 4.5, Executive
      shall advise the Company in writing within fifteen (15) days of the occurrence
      of any circumstances that would constitute Good Reason, and the Company does
      not
      cure such circumstances within 15 days following receipt of Executive’s written
      notice.
      For the
      avoidance of doubt, with respect to any specific set of circumstances that
      may
      constitute a basis for Good Reason, if Executive fails to inform the Company
      in
      writing, as provided herein, of the existence of such circumstances, Executive
      shall automatically forfeit the right thereafter to categorize such
      circumstances as Good Reason and terminate his employment hereunder pursuant
      to
      this Section 4.5.

     

    5. Compensation
      and Benefits Following Termination of Employment

     

    5.1 If
      Executive’s employment is terminated pursuant to Section 4.1
      (death),
      Section 4.2
      (disability), or Section 4.3 (by the Company For Cause), Executive shall be
      entitled to salary accrued through the date of termination and no other benefits
      other than as required under the terms of employee benefit plans in which
      Executive was participating as of the date of termination. 

     

    5.2 If
      Executive’s employment is terminated by the Company pursuant to
      Section 4.4
      (without
      Cause) or by Executive pursuant to Section 4.5 (Good Reason), Executive shall
      be
      entitled to continue to receive the salary at the rate in effect upon the date
      of termination of employment for six (6) months following the date of
      termination of employment, payable in accordance with the Company’s normal
      payroll practices and policies, as if Executive’s employment had not
      terminated.
      Executive shall be entitled to no other post-employment benefits except for
      benefits payable under applicable benefit plans in which Executive is entitled
      to participate pursuant to Section 3.3 hereof through the date of termination,
      subject to and in accordance with the terms of such plans

     

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

     

    5.3 As
      a
      condition to Executive’s right to receive any benefits pursuant to Section
5.2
      of this
      Agreement:

     

    5.3.1 Executive
      must execute and deliver to the Company a written release in form and substance
      satisfactory to the Company, of any and all claims against the Company Group
      and
      all directors and officers of the Company Group with respect to all matters
      arising out of Executive’s employment hereunder, or the termination thereof
      (other than claims for entitlements under the terms of this Agreement or plans
      or programs of the Company in which Executive has accrued a benefit);
      and

     

    5.3.2 Executive
      must not breach any of his covenants and agreements under Sections 7 and 8
      of
      this Agreement, which continue following termination of his
      employment.

     

    5.4 In
      the
      event of termination of Executive’s employment pursuant to
      Section 4.3
      (by the
      Company For Cause), and subject to applicable law and regulations, the Company
      shall be entitled offset against any payments due Executive the loss and damage,
      if any, which shall have been suffered by the Company as a result of the acts
      or
      omissions of Executive giving rise to termination under
      Section 4.3.
      The
      foregoing shall not be construed to limit any cause of action, claim or other
      rights, which the Company may have against Executive in connection with such
      acts or omissions.

     

    5.5 Executive
      acknowledges that the Company has the right to terminate Executive’s employment
      without Cause, and both parties hereby agree that such termination shall not
      be
      a breach of this Agreement or any other express or implied agreement between
      the
      Company and Executive. Accordingly, in the event of such termination, each
      of
      the Company and Executive shall be entitled only to those benefits and rights
      specifically provided for in this Agreement in the event of such termination,
      and shall not have any other rights to any compensation or damages for breach
      of
      contract.

     

    6. Representations
      and Warranties of Executive

     

    Executive
      represents and warrants to the Company that:

     

    6.1 Executive
      has full power and authority to enter into and fully perform this Agreement,
      and
      this Agreement does not conflict with or violate any other agreement,
      obligation, order or other restriction to which Executive is
      subject.

     

    6.2 Executive
      is not a party to any litigation, nor is aware of any threatened action,
      proceeding or litigation which (a) could in any way involve the Company or
      (b) will result in Executive’s inability to perform his obligations
      hereunder, including any action which could be reasonably foreseen to require
      a
      significant amount of Executive’s time.

     

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

    6.3 This
      Agreement has been duly executed by Executive and constitutes a binding and
      valid obligation of Executive, enforceable in accordance with its
      terms.

     

    6.4 Executive
      has
      fully
      disclosed in writing any debarment, suspension or material sanctions imposed
      within the last ten years by any federal or state governmental agency or
      instrumentality or government-sponsored enterprise on either Executive
      or
      any
      company for which Executive
      was
      a
      senior officer with respect to operations under Executive
      supervision.

     

    6.5 Executive
      has
      completely and accurately disclosed to the Company, pursuant to Exhibit
      A
      attached
      hereto, all legal proceedings, orders, bankruptcies, and judgments, which
Executive
      has
      been
      the subject of, during the past five years.

     

    7. Covenant
      Not To Solicit;
      Non-Compete

     

    If
      Executive’s employment is terminated by the Company pursuant to Section 4.3 (for
      Cause) or this Agreement expires upon its terms, then during the period from
      the
      date on which Executive’s employment with the Company is terminated through the
      fifth anniversary of such date, except pursuant to the prior written consent
      of
      the Chief Executive Officer of the Company, Executive shall not, directly or
      indirectly, either as employer, consultant, advisor, agent, investor, principal,
      partner, stockholder (except as the holder of less than 1% of the issued and
      outstanding stock of a publicly held corporation), or in any other individual
      or
      representative capacity, (i) engage or participate in the production or
      promotion of any show or event presently owned or produced by the Company or
      TPI
      (including, without limitation, all shows and events acquired by the Company
      pursuant to the Merger Agreements), or hereafter owned, acquired, or produced
      by
      the Company or TPI during Executive’s employment pursuant to this Agreement (all
      such shows and events, the “Non-Compete
      Events”);
      and
      (ii) engage or participate in the exhibition, presentation or promotion of
      the
      Non-Compete Events in Akron, Boise, Kalamazoo, Salt Lake City, Eugene, Fresno
      and Albuquerque, or any other markets in which the Company or TPI exhibits,
      presents or promotes the Non-Compete Events during Executive’s employment
      pursuant to this Agreement.

     

    8. Confidentiality

     

    Executive
      agrees not to disclose or use at any time (whether during or after Executive’s
      employment with the Company) for Executive’s own benefit or purposes or the
      benefit or purposes of any other Person any information, data, trade secrets
      and
      confidential or proprietary information relating to the business, operations,
      assets and liabilities of the Company Group, including without limitation all
      customers and/or suppliers’ identities, characteristics and agreements,
      financial information and projections, employee files, business and marketing
      plans, sales activities, pricing methodologies, credit and financial data and
      financial methods (the “Confidential
      Material”);
      provided,
      however,
      that
      the foregoing shall not apply to information which is not unique to the Company
      Group or which is generally known to the industry or the public other than
      as a
      result of Executive’s breach of this covenant. Executive agrees that upon
      termination of his employment with the Company for any reason, he will return
      to
      the Company immediately all memoranda, books, papers, plans, information,
      letters and other data, and all copies thereof or therefrom, in any way relating
      to the business of the Company Group, except that he may retain personal notes,
      notebooks, diaries, rolodexes and addresses and phone numbers. Executive further
      agrees that he will not retain or use for his account at any time any trade
      names, trademark or other proprietary business designation used or owned in
      connection with the business of any member of the Company Group.

     

    
      
        
        

      

      
        -7-

        
          

        

      

      
        
        

      

    

    9. Specific
      Performance.
      Executive acknowledges and agrees that the Company’s remedies at law for a
      breach or threatened breach of any of the provisions of Sections 1.4,
7
      or
8
      hereof
      would be inadequate and, in recognition of this fact, Executive agrees that,
      in
      the event of such a breach or threatened breach, in addition to any remedies
      at
      law, the Company, without posting any bond, shall be entitled to obtain
      equitable relief in the form of specific performance, temporary restraining
      order, temporary or permanent injunction or any other equitable remedy which
      may
      then be available.

     

    10. Arbitration
      of Disputes

     

    10.1 Except
      as
      set forth in Section 10.2
      below,
      any controversy or claim between the Company and Executive relating to
      Executive’s employment with the Company, including but not limited to those
      arising out of or relating to this Agreement and those involving conduct alleged
      to be in violation of local, state or federal statutory or common law
      (including, but not limited to, any claim of unlawful discrimination,
      harassment, retaliation, breach of fiduciary duty, misappropriation of trade
      secrets and unfair competition), shall be settled by final and binding
      arbitration. The arbitration shall be conducted in accordance with the National
      Rules for the Resolution of Employment Disputes of the American Arbitration
      Association (“AAA”),
      and a
      judgment upon any award rendered by the arbitrator may be entered in any court
      having jurisdiction. The arbitration shall be heard in Los Angeles, California.
      California Code of Civil Procedure Section 1283.05, which provides for certain
      discovery rights, shall apply to any arbitration. The arbitrator shall apply,
      as
      applicable, federal or California substantive law and law of remedies. The
      arbitrator’s remedial authority shall be no greater than that which is available
      under the statutory or common law theory asserted. The Company shall bear the
      cost of the arbitrator’s fees and other costs (which do not include attorneys’
fees) unique to arbitration in compliance with applicable law.

     

    10.2 Subsection 10.1
      above
      does not apply to or cover the following claims: (a) claims for workers’
compensation benefits; (b) claims for unemployment compensation benefits; (c)
      claims brought in court to compel arbitration under this Agreement, to enforce
      an arbitration award or to obtain preliminary injunctive and/or other equitable
      relief in support of claims to be prosecuted in an arbitration by either party;
      and (d) claims based upon a pension or benefit plan which contains an
      arbitration or other dispute resolution procedure, in which case the provisions
      of such plan shall apply.

     

    11. Miscellaneous

     

    11.1 Notices.
      All
      notices, requests, demands and other communications (collectively, “Notices”)
      given
      pursuant to this Agreement shall be in writing, and shall be delivered by
      personal service, courier, facsimile transmission or by United States first
      class, registered or certified mail, addressed to the following
      addresses:

     

    
      
        
        

      

      
        -8-

        
          

        

      

      
        
        

      

    

     

    
      	
              11.1.1 If
                to the Company, to:

               

              12001
                Ventura Place, Suite 340

              Studio
                City, CA 91604

              Tel:
                (818) 761-1002

              Fax:
                (818) 761-1072

              Attn:
                Mitch Francis

               

              with
                a copy, which shall not constitute notice to:

               

              Troy
                & Gould

              1801
                Century Park East, Suite 1600

              Los
                Angeles, CA 90067

              Attention:
                David Ficksman

              Tel:
                (310) 553-4441

              Fax:
                (310) 201-4746

            
	 
	
              11.1.2 If
                to Executive, to:

               

              to
                Executive’s address as set forth on the books and records of the Company
                

               

              with
                a copy, which shall not constitute notice to:

               

              Holland
                & Hart LLP

              Attn:
                Gregory Lindley

              60
                E. South Temple, Suite 2000

              Salt
                Lake City, UT 84111

            
	 

    

    Any
      Notice, other than a Notice sent by registered or certified mail, shall be
      effective when received; a Notice sent by registered or certified mail, postage
      prepaid return receipt requested, shall be effective on the earlier of when
      received or the third day following deposit in the United States mails (or
      on
      the seventh day if sent to or from an address outside the United States). Any
      party may from time to time change its address for further Notices hereunder
      by
      giving notice to the other party in the manner prescribed in this
      Section.

     

    11.2 Entire
      Agreement.
      This
      Agreement contains the sole and entire agreement and understanding of the
      parties with respect to the entire subject matter of this Agreement, and any
      and
      all prior discussions, negotiations, commitments and understandings, whether
      oral or otherwise. No representations, oral or otherwise, express or implied,
      other than those contained in this Agreement have been relied upon by any party
      to this Agreement. Notwithstanding the foregoing, Executive acknowledges that
      the Company has relied on his resume and other documents which may have been
      provided by Executive, and oral statements regarding Executive’s employment
      history, education and experience, in determining to enter into the Agreement,
      and material misrepresentations (or omissions) in connection with such documents
      may constitute the basis of termination For Cause, as contemplated by the
      definition of For Cause.

     

    
      
        
        

      

      
        -9-

        
          

        

      

      
        
        

      

    

    11.3 Severability.
      In the
      event that any provision or portion of this Agreement shall be determined to
      be
      invalid or unenforceable for any reason, in whole or in part, the remaining
      provisions of this Agreement shall be unaffected thereby and shall remain in
      full force and effect to the fullest extent permitted by law.

     

    11.4 Governing
      Law.
      This
      Agreement shall be construed in accordance with the laws of the State of
      California without giving effect to the principles of conflicts of law
      thereof.

     

    11.5 Captions.
      The
      various captions of this Agreement are for reference only and shall not be
      considered or referred to in resolving questions of interpretation of this
      Agreement.

     

    11.6 Counterparts.
      This
      Agreement may be executed in any number of counterparts, each of which shall
      be
      deemed to be an original, but all of which together shall constitute one and
      the
      same instrument.

     

    11.7 Business
      Day.
      If the
      last day permissible for delivery of any notice under any provision of this
      Agreement, or for the performance of any obligation under this Agreement, shall
      be other than a business day, such last day for such notice or performance
      shall
      be extended to the next following business day (provided, however, under no
      circumstances shall this provision be construed to extend the date of
      termination of this Agreement).

     

    11.8 Attorneys’
      Fees.
      In any
      arbitration proceeding or court action relating to this Agreement or Executive’s
      employment with the Company, the prevailing party shall be entitled to recover
      its reasonable attorneys’ fees and costs. 

     

    11.9 Advice
      from Independent Counsel.
      The
      parties hereto understand that this Agreement is legally binding and may affect
      such party’s rights. Each party represents to the other that it has received
      legal advice from counsel of its choice regarding the meaning and legal
      significance of this Agreement to which it is a party and that it is satisfied
      with its legal counsel and the advice received from it.

     

    11.10 Judicial
      Interpretation.
      Should
      any provision of this Agreement require judicial interpretation, it is agreed
      that a court interpreting or construing the same shall not apply a presumption
      that the terms hereof shall be more strictly construed against any Person by
      reason of the rule of construction that a document is to be construed more
      strictly against the Person who itself or through its agent prepared the same,
      it being agreed that all Parties have participated in the preparation of this
      Agreement.

     

    11.11 Waiver
      of Jury Trial.
      IF
      NOTWITHSTANDING THE AGREEMENT THAT ALL DISPUTES BE SUBMITTED TO BINDING
      ARBITRATION, A DISPUTE IS SUBMITTED TO A COURT, EACH PARTY HERETO WAIVES THE
      RIGHT TO A TRIAL BY JURY IN ANY DISPUTE IN CONNECTION WITH OR RELATING TO THIS
      AGREEMENT, ANY RELATED AGREEMENT OR ANY MATTERS DESCRIBED OR CONTEMPLATED HEREIN
      OR THEREIN, AND AGREE TO TAKE ANY AND ALL ACTION NECESSARY OR APPROPRIATE TO
      EFFECT SUCH WAIVER. IN THE EVENT OF LITIGATION, THIS AGREEMENT MAY BE FILED
      AS
      WRITTEN CONSENT TO A TRIAL BY THE COURT.

     

    
      
        
        

      

      
        -10-

        
          

        

      

      
        
        

      

    

    11.12 Section
      409A.
      Notwithstanding the timing of payments set forth in this Agreement, if the
      Company determines that Executive is a “specified employee” within the meaning
      of Section 409A of the Internal Revenue Code of 1986, as amended, and that,
      as a
      result of such status, any portion of the payment under this Agreement would
      be
      subject to additional taxation, the Company will delay paying any portion of
      such payment until the earliest permissible date on which payments may commence
      without triggering such additional taxation (with such delay not to exceed
      six
      months), with the first such payment to include the amounts that would have
      been
      paid earlier but for the above delay.

     

    IN
      WITNESS WHEREOF, this Agreement has been made and entered into as of the date
      and year first above written.

     

     

     

    
      	 	 	 
	 
 	TIX
              CORPORATION, 
              a
                Delaware corporation 
 

            
	 	By: 	 
	 	 	
            
	 	Title:	 
	 	 	 

    

     

    
      	 	EXECUTIVE
	 	 
              
	 	 	 
	 	Bruce
              Granath

    

    

        

     

     

    
      
        
        

      

      
        -11-

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A

     

    

     

    Legal
      Proceedings

     

    Executive
      hereby represents and warrants to the Company that (i) there has not been any
      bankruptcy petition filed by or against any business of which Executive was
      a
      general partner or executive officer at the time of bankruptcy or within two
      years prior thereto; (ii) Executive has not been convicted in a criminal
      proceeding or been the subject of a pending criminal proceeding (excluding
      traffic violations and other minor traffic offenses); and (iii) Executive has
      not been the subject of any order, judgment or decree, not subsequently
      reversed, suspended or vacated, of any court of competent jurisdiction,
      permanently or temporarily enjoining, barring, suspending or otherwise limiting
      Executive’s involvement in any type of business, securities or banking
      activities; Executive has not been found by a court of competent jurisdiction
      in
      a civil action, by the Securities and Exchange Commission or the Commodity
      Futures Trading Commission to have violated a federal or state securities or
      commodities laws, where such judgment has not been reversed, suspended or
      vacated.

     

     

     

    

    
      
        
        

      

      
        -12-

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