Company: SONM
Filing Date: 2025-06-18
Form Type: DEFC14A
Source: 0001641172-25-015578
Chunk: 59

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-06-18
Form: DEFC14A
Chunk 59
---
 particularly during uncertain times. The severance benefits of all NEOs are subject to customary conditions and applicable tax and other deductions and withholdings.

Liu Employment Agreement

If we terminate Mr. Liu’s employment without cause or if he resigns for “good reason” (as defined therein) at any time up to the twelve-month anniversary of the closing of a change in control, we must pay Mr. Liu a lump-sum cash severance payable within 30 days of his termination. Such severance will consist of:

| (i)  | the                                                                                                                    
 sum equivalent to one hundred fifty percent (150%) of his yearly base salary in effect as of his termination date, and |
| (ii) | a                                                                                                                      
 guaranteed pro-rated bonus.                                                                                            |

Crolius Letter Agreement

If we terminate Mr. Crolius’s employment without cause or if he resigns for “good reason” (as defined therein) at any time up to the twelve-month anniversary of the closing of a change in control, we must pay Mr. Crolius a lump-sum cash severance payable within 30 days of his termination. Such severance will consist of:

| (i)  | a                                                                                         
 sum equivalent to six (6) months of his base salary in effect as of his termination date; 
 and                                                                                       |
| (ii) | a                                                                                         
 guaranteed pro-rated bonus.                                                               |

Becher Letter Agreement

If we terminate Mr. Becher’s employment without cause or if he resigns for “good reason” (as defined therein) outside the context of a change in control, we must pay Mr. Becher a severance. Such severance will consist of:

| (i)  | six                                    
 (6) months of salary continuation; and |
| (ii) | six                                    
 (6) months of COBRA reimbursement.     |

However, if we terminate Mr. Becher’s employment without cause or if he resigns for “good reason” at any time up to the thirteen-month anniversary of the closing of a change in control, the severance will consist of:

| (i)   | twelve                                                                                                                          
 (12) months of salary continuation;                                                                                             |
| (ii)  | six                                                                                                                             
 (6) months of COBRA reimbursement; and                                                                                          |
| (iii) | accelerated                                                                                                                     
 vesting of all unvested equity awards under the EIP that would have otherwise vested within four years of the termination date. |

Pension benefits

Our named