Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 118

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 118
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 only if the Buyer is not then in breach of any of                                       
 its representations, warranties, covenants or agreements contained in the Asset Purchase    
 Agreement; or                                                                               |

| ● | prior to receipt of the Company stockholder approval, there has been                     
 a change in recommendation or a failure to recommend voting for the Asset Sale Proposal. |

The Asset Purchase Agreement may be terminated
by us in the following circumstances:

| ● | if the Buyer has breached any of its representations, warranties,                               
 covenants or other agreements contained in the Asset Purchase Agreement, which would result     
 in a failure to satisfy certain conditions to the consummation of the Asset Sale that are       
 dependent on the Buyer’s compliance with certain terms of the Asset Purchase Agreement,         
 but only if the Company is not then in breach of any of its respective                          
 representations, warranties, covenants or agreements contained in the Asset Purchase Agreement; 
 or                                                                                              |

| 81 |

| ● | prior                                                                                                
 to the receipt of Company stockholder approval, in order to enter into a definitive written          
 agreement providing for a Superior Proposal if such proposal was received after the                  
 date of the Asset Purchase Agreement, such proposal did not result from a breach of the non-solicit, 
 the Company complies in all material respects with the non-solicit provisions, concurrently          
 with, and as a condition to, any such termination the Company pays or causes to be paid to           
 the Buyer or its designee the Buyer termination fee described below and the board                    
 (or any committee thereof) authorized the entry into, and the Company concurrently enters            
 into a definitive written agreement providing for a Superior Proposal.                               |

Further related information is found in the section
titled “Asset Purchase Agreement — Covenants — No Solicitation” beginning
on page 78.

Termination Fee and Expenses

Generally, all fees and expenses incurred in connection
with the Asset Purchase Agreement and the transactions contemplated thereby will be paid by the party incurring those expenses, regardless
of whether the Asset Sale is completed.

We are required to pay the Buyer the termination
fee of $1 million and the transaction expenses reasonably incurred by the Buyer and its affiliates if:

| ● | the Company or the Buyer terminates the Asset Purchase Agreement                       
 because the Asset Purchase Agreement is not consummated on or before the outside date; |

| ● | the Buyer terminates the Asset Purchase Agreement due to a breach                            
 by the Company of any of its respective representations, warranties, covenants or agreements 
 contained in the