Company: SONM
Filing Date: 2025-11-24
Form Type: PREM14A
Source: 0001493152-25-024848
Chunk: 277

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-11-24
Form: PREM14A
Chunk 277
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 solely of Seller; (ii) such privilege or doctrine shall be held solely by Seller, and may be waived only by the Seller Representative, and not by Buyer; and (iii) Venable LLP shall not have any duty whatsoever to reveal or disclose any such Attorney-Client Communications or files to Buyer. Notwithstanding the foregoing, in the event that a dispute arises between Buyer and a third party other than a party to this Agreement (or an Affiliate thereof), after the Closing, Buyer may assert the attorney-client privilege to prevent disclosure of confidential communications by Venable LLP to such third party; provided, however, that no member of Buyer may waive such privilege without the prior written consent of the Seller Representative.

(c) Buyer acknowledges that it has had the opportunity to discuss and obtain adequate information concerning the significance and risks of, and reasonable available alternatives to, the waivers, permissions and other provisions of this Section 11.22. This Section 11.22is for the benefit of Seller. This Section 11.22is irrevocable, and no term of this Section 11.22may be amended, waived or modified, without the prior written consent of Seller.

<div align='center'>[remainder of page intentionally left blank]</div>

| -91- |

IN WITNESS WHEREOF, Buyer, Seller and the Seller Representative have caused this Agreement to be duly-executed, all as of the date first written above.

| BUYER:                         |
| PACE                           
 CAR ACQUISITION, LLC           |
| By:                            |
| Name:                          |
| Title:                         |
| PARENT:                        |
| Social                         
 mobile technology holdings llc |
| By:                            |
| Name:                          |
| Title:                         |
| SELLER:                        |
| Sonim                          
 Technologies, Inc.             |
| By:                            |
| Name:                          |
| Title:                         |
| SELLER                         
 REPRESENTATIVE:                |
| Name:                          |

<div align='center'>[Signature Page to Asset Purchase Agreement]</div>

<div align='center'>ANNEX I

EARN-OUT PAYMENT</div>

Pursuant to Section 2.2(c)of the Asset Purchase Agreement to which this Annex I is appended (the “ Agreement”), as deferred Purchase Price and additional consideration for the transactions contemplated by the Agreement, and subject to the terms set forth below, Seller may be entitled to, and, if so entitled, Buyer shall pay to Seller a contingent performance payment (the “ Earn-Out Payment