QUMU CORPORATION AMENDED AND RESTATED WARRANTWarrant Agreement • March 2nd, 2018 • Qumu Corp • Services-prepackaged software • New York
QUMU CORPORATION, a Minnesota corporation (the “Company”), hereby certifies that, for value received, ESW Holdings, Inc. or its registered assigns (the “Holder”), is entitled to purchase from the Company up to a total of 925,000 (subject to adjustment as provided herein) fully paid and non-assessable shares of common stock, $0.01 par value per share (the “Common Stock”), of the Company (each such share, a “Warrant Share” and all such shares, the “Warrant Shares”) at an exercise price equal to $1.96 per share (as adjusted from time to time as provided in Section 9, the “Exercise Price”), at any time and from time to time from and after the date set forth above (the “Issuance Date”) and through and including January 12, 2028 (the “Expiration Date”), and subject to the following terms and conditions. This Amended and Restated Warrant (this “Warrant”) is an amendment and restatement of and supersedes in its entirety effective as of February 28, 2018 that certain Warrant No. 2 dated January
