Company: SONM
Filing Date: 2025-12-05
Form Type: DEFM14A
Source: 0001493152-25-026277
Chunk: 100

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-12-05
Form: DEFM14A
Chunk 100
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 to the Closing Date, the Buyer or
Parent may, in its discretion, initiate discussions or negotiations about such arrangements and understandings with certain of the Company’s
executive officers and may enter into definitive agreements with certain of the Company’s executive officers regarding continued
service, in each case, taking effect at or after the Closing Date of the Asset Sale. With respect to the Company’s named executive
officers and non-employee directors, no such discussions or negotiations are expected to occur, and no such arrangements or understandings
are expected to be implemented.

| 67 |

Benefits Arrangements with Buyer

The Buyer may offer employment effective at
or prior to the closing of the Asset Sale to any employee of the Company, and will assume an employment relationship with certain
employees of subsidiaries of the Company acquired by the Buyer. Notwithstanding this obligation, nothing precludes 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 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  |     |                       | 690,000 |     |                                      |       — |     |                                         |      — |    |