3,175,652 Shares1 Qumu Corporation Common Stock, par value $0.01 per share PURCHASE AGREEMENTPurchase Agreement • November 8th, 2019 • Qumu Corp • Services-prepackaged software • New York
Contract Type FiledNovember 8th, 2019 Company Industry JurisdictionQumu Corporation, a Minnesota corporation (the “Company”), proposes to sell to the several underwriters named in Schedule I hereto (the “Underwriters”) an aggregate of 3,175,652 shares (the “Firm Shares”) of Common Stock, par value $0.01 per share (the “Common Stock”), of the Company. The Firm Shares consist of authorized but unissued shares of Common Stock to be issued and sold by the Company. The Company also has granted to the Underwriters an option to purchase up to 476,348 additional shares of Common Stock on the terms and for the purposes set forth in Section 3 hereof (the “Option Shares”). The Firm Shares and any Option Shares purchased pursuant to this Purchase Agreement are herein collectively called the “Securities.”