EX-99.1 2 c06890exv99w1.htm EXHIBIT 1 Exhibit 1
EXHIBIT 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including any and all amendments thereto) with respect to the Common Stock, $0.05 par value, of Culp, Inc., and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings.
The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13D and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.
This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of October 14, 2010.
         
  PRAESIDIUM INVESTMENT MANAGEMENT COMPANY, LLC
 
 
  By:   /s/ Kevin Oram    
  Name:   Kevin Oram   
  Title:   Managing Member   
 
  KEVIN ORAM
 
 
  By:   /s/ Kevin Oram    
       
       
 
  PETER UDDO
 
 
  By:   /s/ Peter Uddo    
       
       

 


 

         
Annex A
Except as set forth below, there have been no transactions in the Common Stock by the Reporting Persons or, to the knowledge of the Reporting Persons, by any of the other persons named in Item 2 during the past sixty days.
During the past sixty days, the Reporting Persons effected the following purchases and sales of shares of Common Stock in open market transactions:
                 
Settlement Date   Amount     Price  
8/5/2010
    17223       10.73  
8/6/2010
    8783       10.90  
8/9/2010
    24400       11.04  
8/9/2010
    3994       11.00  
8/10/2010
    2951       11.05  
8/11/2010
    24708       10.95  
8/12/2010
    5736       11.56  
8/13/2010
    16836       11.32  
8/16/2010
    32450       10.87  
8/17/2010
    11493       10.82  
8/18/2010
    11240       10.57  
9/7/2010
    9275       9.42  
9/7/2010
    4765       9.42  
9/7/2010
    15960       9.42  
9/10/2010
    2398       9.11  
9/10/2010
    5636       9.11  
9/10/2010
    1966       9.11  
9/14/2010
    4796       9.13  
9/14/2010
    11271       9.13  
9/14/2010
    3933       9.13  
9/17/2010
    2860       9.10  
9/20/2010
    4058       9.04  
9/20/2010
    3480       9.09  
9/20/2010
    5410       9.04  
9/20/2010
    4641       9.09  
9/21/2010
    8819       9.16  
9/21/2010
    11759       9.16  
9/22/2010
    3028       9.33  
9/22/2010
    4037       9.33  
9/23/2010
    1258       9.26  
9/23/2010
    1677       9.26  
10/4/2010
    3000       9.80  
10/4/2010
    4000       9.80  
10/5/2010
    12857       9.86  
10/5/2010
    17143       9.86  
10/7/2010
    2602       9.53  
10/7/2010
    2221       9.53  
10/7/2010
    409       9.53  
10/7/2010
    4333       9.53