COMMON STOCK PURCHASE AGREEMENT Dated as of July 1, 2010 by and between DURECT CORPORATION and AZIMUTH OPPORTUNITY LTD.Common Stock Purchase Agreement • July 1st, 2010 • Durect Corp • Pharmaceutical preparations • New York
Contract Type FiledJuly 1st, 2010 Company Industry JurisdictionThis COMMON STOCK PURCHASE AGREEMENT, made and entered into on this 1st day of July 2010 (this “Agreement”), by and between Azimuth Opportunity Ltd., an international business company incorporated under the laws of the British Virgin Islands (the “Investor”), and DURECT Corporation, a corporation organized and existing under the laws of the State of Delaware (the “Company”). Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in Annex A hereto.