GSI Commerce, Inc. (a Delaware corporation) 9,248,968 Shares of Common Stock PURCHASE AGREEMENTPurchase Agreement • February 19th, 2010 • Gsi Commerce Inc • Retail-catalog & mail-order houses • New York
GSI Commerce, Inc., a Delaware corporation (the “Company”), and QK Holdings, Inc., a Delaware corporation (the “Selling Shareholder”), confirm their respective agreements with Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”) or the “Underwriter”), with respect to the sale by the Selling Shareholder and the purchase by the Underwriter of 9,248,968 shares of Common Stock, par value $0.01 per share, of the Company (“Common Stock”). The aforesaid 9,248,968 shares of Common Stock to be purchased by the Underwriter are hereinafter called the “Securities”.
