Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 99

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 99
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cludes the Buyer from
modifying the salary or wage level or terminating the employment of any such continuing employee at any time and for any reason, including
without cause.

The Company remains liable to pay any current
or former employees, contractors, consultants, directors, or retirees of the Legacy Business all Benefit Liabilities (as defined in the Asset Purchase Agreement), including payment pursuant to employee benefit plans in accordance
with their terms as in effect immediately prior to the Closing Date. The Company remains liable to pay any current or former employees,
contractors, consultants, directors or retirees of the Legacy Business all Benefit Liabilities that are due and payable as
a result of the consummation of the Asset Purchase Agreement.

Golden Parachute Compensation

The table below sets forth the information required
by Item 402(t) of Regulation S-K regarding certain compensation that is based on or that otherwise relates to the Asset Sale to which
our named executive officers are entitled under existing agreements.

The table below assumes that:

| ● | the Asset Sale                             
 is consummated on [December 31], 2025; and |

| ● | the employment of each of our named executive officers is involuntarily 
 terminated immediately following the consummation of the Asset Sale.    |

<div align='center'>GOLDEN PARACHUTE COMPENSATION (1)</div>

| Name           |     | Cash Severance ($)(2) |         |     | Cash                                 
 Payments Due Upon Asset Sale ($) (3) |           |   |     | Health and Other Insurance Benefits ($) |        |    |     | Total ($) |            |   |
|:---------------|:----|:----------------------|--------:|:----|:-------------------------------------|:----------|:--|:----|:----------------------------------------|-------:|---:|:----|:----------|-----------:|:--|
| Peter Hao Liu  |     | $                     | 855,000 |     |                                      | —         |   |     |                                         |      — |    |     | $         |    855,000 |   |
| Clay Crolius   |     | $                     | 224,000 |     |                                      | [$100,000 | ] |     |                                         |      — |    |     | $         |   [324,000 | ] |
| Charles Becher |     | $                     | 250,000 |     |                                      | —         |   |     |                                         |      $