On April 2, 2015, Premier Exhibitions Inc. entered into a Consulting Agreement (the Consulting Agreement) with Mr. Samuel S. Weiser, the Executive Chairman of the Board. Pursuant to the Consulting Agreement, Mr. Weiser resigned as Executive Chairman and as a member of the company's Board of Directors, effective as of the date of the Consulting Agreement, and agreed to make himself available to provide consulting advice, information regarding historical company transactions, and transition services as and when reasonably requested by the company through September 30, 2015.