SUBSCRIPTION AGREEMENTSubscription Agreement • January 25th, 2018 • Sonic Foundry Inc • Radio & tv broadcasting & communications equipment • Wisconsin
Contract Type FiledJanuary 25th, 2018 Company Industry JurisdictionThis Subscription Agreement (this “Agreement”), dated January 19, 2018, is being delivered to Mark D. Burish (the “Subscriber”) in connection with his investment in convertible debt securities of Sonic Foundry, Inc. a Maryland corporation (“Sonic Foundry”). Sonic Foundry is issuing up to two (2) convertible notes (individually, a “Note” and collectively, the “Notes”), at a purchase price of $500,000 per Note (the “Per Note Purchase Price”). A form of the Notes is set forth in Exhibit A attached hereto.