LOCK-UP LETTERLock-Up Letter Agreement • August 21st, 2015 • Minnesota
Contract Type FiledAugust 21st, 2015 JurisdictionThis letter agreement (this “Agreement”) is made by the undersigned pursuant to that certain Share Purchase Agreement (the “Majority Share Purchase Agreement”) dated the same date as this Agreement, 2014 by and among Qumu, Sumit Neil Vishnu Rai, Robert Long, Andromeda Capital Partners LLP, Realise Capital Partners LLP and the share purchase agreements (which collectively, with the Majority Share Purchase Agreement are defined in this Agreement as, the “Share Purchase Agreements,”), dated the same date as this Agreement, between the Qumu and the remaining shareholders of Kulu Valley Ltd (“Kulu”), pursuant to which Qumu will acquire all of the equity interest in Kulu.