April 24, 2007
SAMMY’S TICKETS, INC.
22273 Del Valle Street
Woodland Hills, CA 91364
Samuel R. Watson
This letter shall serve as an Agreement between TIX Corporation (“TIX”) and Sammy’s Tickets, Inc. (“ST”);
and the term of this Agreement shall be for a period of one (1) year, commencing April 1, 2007, and ending
March 31, 2008 (the “Term”).
At any time, and from time to time, during the Term as TIX may reasonably request, ST will provide TIX with
consulting services regarding TIX’s ticket business (the “Services”). ST’s Services shall be provided to TIX on a
non-exclusive basis and, at ST’s sole and absolute discretion, at such times, and upon such terms and conditions,
as are convenient to ST, and do not interfere with ST’s other obligations and business relationships. ST’S
exercise of its discretion in the delivery of its Services hereunder shall not constitute a breach of this Agreement.
As compensation for ST’s Services hereunder -- some of which the parties acknowledge were delivered prior to
the execution of this Agreement -- TIX shall immediately pay ST a fee of $1,000,000.00 (the “Fee”).
TIX and ST hereby acknowledge that ST has delivered tickets at face value for certain events, all as more fully
evidenced by the receipt provided by TIX to ST therefor. Further, the parties acknowledge the intent, but not the
obligation, to engage in future ticket transactions between them.
TIX shall pay ST immediately by wire transfer or certified check: (a) The face value of the tickets to certain
events ST has already provided TIX, and (b) The Fee, which Fee shall, as a result of the prior Services already
rendered by ST to TIX, be deemed to be fully-earned, non-refundable, and non-recoupable.
This Agreement supersedes and terminates all prior discussions and agreements with respect to the subject matter
contained herein; and this Agreement embodies the entire understanding between the parties, any and all prior
correspondence, conversations, or memoranda be