Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 120

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 120
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ovenants generally, for the express term thereof or indefinitely if no express term is specified therefor in the Asset Purchase
Agreement.

<div align='center'>OTHER AGREEMENTS AND INSTRUMENTS</div>

Transfer Documents

At Closing, in order to effectuate the transfer
of the purchased assets and the assumption of the assumed liabilities, we and the Buyer will, as referenced in the Asset Purchase
Agreement, enter into and deliver to one another certain bills of sale, an intellectual property assignment agreement, the transition
services agreement, and equity transfers instruments with respect to our subsidiaries being acquired by the Buyer. These documents should
not include any substantive terms with respect to the Asset Sale that differ from those provided for in the Asset Purchase Agreement.

Escrow Agreement

At or prior to the Closing, the Seller Representative
and Buyer will enter into an escrow agreement with the escrow agent, in form and substance mutually and reasonably acceptable to the
parties. At the Closing, Buyer will deposit $1.75 million with the escrow agent, representing $1.50 million in indemnification and $250,000
in adjustment escrow amounts. These amounts shall be released as directed by the Seller Representative and Buyer, in accordance with
the provisions of the Asset Purchase Agreement and the escrow agreement. The adjustment escrow amount will be held in escrow until the
resolution of any purchase price adjustment under the Asset Purchase Agreement following the Closing, and the indemnification escrow
will be held in escrow until twelve (12) months following the Closing or until such time as any then-outstanding indemnification claims
are resolved, and both will serve as a source of recovery of any amount owed by the Company to the Buyer.

<div align='center'>PROPOSAL 2: ADVISORY COMPENSATION PROPOSAL</div>

In accordance with Section 14A of the Exchange
Act, we are providing our stockholders with the opportunity to cast a non-binding, advisory vote on the compensation that has, will,
or may be paid or become payable to our named executive officers in connection with the Asset Sale, the value of which is set forth in
the table entitled “Proposal 1: Asset Sale Proposal — Interests of our Directors and Executive Officers in the Asset Sale — Golden Parachute Compensation” on page 68.

As required by Section 14A of the Exchange Act,
we are asking our stockholders to vote on the adoption of the following resolution:

“RESOLVED, that