Warrants to Purchase 10,000,000 Shares KEMET Corporation Common Stock ($0.01 Par Value) EQUITY UNDERWRITING AGREEMENTEquity Underwriting Agreement • December 15th, 2010 • Kemet Corp • Electronic components & accessories • New York
K Equity, LLC, a Delaware limited liability company (“K Equity”), proposes to sell to the several underwriters (the “Underwriters”) named in Schedule I hereto for whom you are acting as representatives (the “Representatives”) an immediately exercisable warrant to purchase up to 8,700,000 shares of common stock, $0.01 par value (the “Common Stock”) of KEMET Corporation, a Delaware corporation (the “Company”) (such warrant, the “Firm Warrant,” and such underlying shares, the “Firm Shares”). The respective proportions of the Firm Warrant, representing the number of Shares (as defined below) as of the date hereof, to be so purchased by the several Underwriters are set forth opposite their names in Schedule I hereto. K Equity also proposes to sell at the Underwriters’ option an immediately exercisable warrant to purchase up to
