9:55AM Premier Exhibitions announces new agreement with JAM Exhibitions (PRXI) 5.51 +0.07 : Co announces it has signed a new agreement with SAM Tour USA, Concert Productions International, and JAM Exhibitions, to co-present up to four additional human anatomy exhibitions including the upcoming "Bodies. . .The Exhibition" in Seattle, Washington. This new agreement settles a dispute between the parties and re- establishes their working relationship following Premier Exhibition's September 7, 2006 termination of the parties' prior agreements. In addition to license fees already paid under the prior agreements, the co will receive additional guaranteed licensing fees of $1.5 mln, which fees will be paid in conjunction with the opening of the next two jointly presented exhibitions, to be located in Seattle, Washington, and an undisclosed location.The co will receive a monthly payment of $83,333 for each month that a jointly presented exhibition is extended beyond six months. The co will receive these payments for any exhibitions that have been co-presented by the parties, including the exhibitions that have already ended or that are ongoing.
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