Exhibit 10.1

EXECUTION VERSION

AMENDMENT TO AGREEMENT

This Amendment (the “Amendment”) dated December 2, 2016 amends and supplements
the terms of the Agreement (as amended and supplemented, the “Agreement”) made
and entered into as of September 23, 2016, by and among Quantum Corporation, a
Delaware corporation (the “Company”), and the entities and natural persons
listed on Exhibit A to the Agreement and their respective Affiliates
(collectively, “VIEX”) (each of the Company and VIEX, a “Party”, and
collectively, the “Parties”).

1. Paragraph (d) of Section 1 of the Agreement is hereby amended and restated to
read in its entirety as follows:

(d) The Company shall hold its next meeting of stockholders of the Company with
respect to the election of directors of the Company on March 31, 2017 (the
“Stockholder Meeting”).

2. Paragraph (b) of Section 2 of the Agreement is hereby amended and restated to
read in its entirety as follows:

(b) For the purposes of this Agreement, “Standstill Period” shall mean the
period commencing upon the execution and delivery of this Agreement and ending
at the earliest of (i) 12:00 a.m., Pacific time, on February 1, 2017 (unless
such date is extended by mutual agreement of the Parties hereto); (ii) public
disclosure by the Company or public acknowledgement by the Company of an
extraordinary corporate transaction; (iii) (A) the issuance of an order by the
Delaware Court of Chancery under Section 211(c) of the Delaware General
Corporation Law ordering the convening of the Stockholder Meeting, or (B) public
announcement of a new date for the Stockholder Meeting that is, in either case,
on a date that is not March 31, 2017; (iv) a material breach by the Company of
this Agreement; provided that prior to any termination under this clause
(iv) VIEX shall deliver written notice to the Company describing in reasonable
detail the alleged material breach and the intention of VIEX to terminate the
Standstill Period; and provided further that VIEX and the Company will negotiate
in good faith for not less than 24 hours after the Company’s receipt of such
notice to resolve any differences before VIEX takes action to terminate the
Standstill Period (it being understood that any such termination is without
prejudice to the right of the Company to assert that any such termination
constitutes a breach of this Agreement); and (v) termination or frustration of
the rights of the Observers under paragraph (a) of Section 1 of this Agreement
(other than any termination of such Observer’s rights under Section 1(f)).

3. The following paragraph (d) is hereby added after paragraph (c) of Section 2
of the Agreement:

(d) Nothwithstanding any provision of Section 2.4 of the Amended and Restated
Bylaws of the Company, as amended (the “Bylaws”), to the contrary, a notice of
business by any stockholder of record to be conducted at the Stockholder Meeting
pursuant to Section 2.4(i) of the Bylaws or a notice of director nominations by
any stockholder of record at the Stockholder Meeting pursuant to Section 2.4(ii)
of the Bylaws that otherwise complies with the relevant provisions of
Section 2.4 will be considered timely if it is received by the secretary of the
Company within 10 days of the expiration or termination of the Standstill
Period.

--------------------------------------------------------------------------------

4. Promptly following the execution of this Amendment, the Company shall file
with the SEC a Current Report on Form 8-K (the “8-K”) in the form of Exhibit A
and VIEX shall file with the SEC an amendment to its Schedule 13D in the form of
Exhibit B. Neither the Company nor VIEX shall otherwise issue any press release
or other public statement regarding this Amendment without the prior written
consent of the other Party, other than the filing by VIEX of the 13D that is
consistent with the terms of this Amendment and (b) the filing by the Company of
the 8-K that is consistent with the terms of this Amendment. During the
Standstill Period, neither the Company nor VIEX shall make any public
announcement or statement that is inconsistent with or contrary to the
statements made in the 8-K, except as required by law, regulation, regulator or
the rules of any stock exchange or with the prior written consent of the other
Party.

5. The Company shall within five days following the execution and delivery of
this Amendment pay VIEX an amount equal to fifty thousand dollars ($50,000),
which may be used for its out-of-pocket fees and expenses (including legal
expenses) incurred in connection with the matters related hereto, including the
Stockholder Meeting.

6. Effective upon the execution and delivery of this Amendment, the rights of
the Observers under paragraph (a) of Section 1 of the Agreement shall be
reinstated.

7. Except as specifically provided herein, the Agreement and the Observer
Agreements remain in full force and effect without modification.

 

2

--------------------------------------------------------------------------------

IN WITNESS WHEREOF, this Amendment has been duly executed and delivered by the
duly authorized signatories of the Parties as of the date hereof.

 

Quantum Corporation By:   /s/ Jon Gacek Name:   Jon W. Gacek Title:   President
and Chief Executive Officer

Signature Page to Amendment

--------------------------------------------------------------------------------

VIEX Opportunities Fund, LP – Series One By:   

VIEX GP, LLC

General Partner

By:    /s/ Eric Singer   Name:    Eric Singer   Title:   Managing Member VIEX
Opportunities Fund, LP – Series Two By:   

VIEX GP, LLC

General Partner

By:    /s/ Eric Singer   Name:    Eric Singer   Title:   Managing Member VIEX
GP, LLC By:    /s/ Eric Singer   Name:    Eric Singer   Title:   Managing Member

--------------------------------------------------------------------------------

VIEX Special Opportunities Fund III, LP By:   

VIEX Special Opportunities GP III, LLC

General Partner

By:    /s/ Eric Singer   Name:    Eric Singer   Title:   Managing Member VIEX
Special Opportunities GP III, LLC By:    /s/ Eric Singer   Name:    Eric Singer
  Title:   Managing Member VIEX Capital Advisors, LLC By:    /s/ Eric Singer  
Name:    Eric Singer   Title:   Managing Member

/s/ Eric Singer

ERIC SINGER