SUBSCRIPTION AGREEMENTSubscription Agreement • June 5th, 2017 • Sonic Foundry Inc • Radio & tv broadcasting & communications equipment • Wisconsin
Contract Type FiledJune 5th, 2017 Company Industry JurisdictionThis Subscription Agreement (this “Agreement”), dated May 30, 2017, is being delivered to Mark D. Burish (the “Subscriber”) in connection with his investment in the securities of Sonic Foundry, Inc. a Maryland corporation (“Sonic Foundry”). Sonic Foundry is selling $750,000 of shares (individually, a “Share” and collectively, the “Shares”) of Series A Preferred Stock, $.01 par value, at a purchase price of $ 910 per Share (the “Per Share Purchase Price”). The terms of the Series A Preferred Stock shall be set forth on Exhibit A attached hereto.