Exhibit 10.7


 


EXECUTION COPY


 


SEPARATION
Agreement and GENERAL Release


 


This Separation Agreement
and General Release (“Agreement”) is made and entered by and between Paul Steven Genova (“Employee”) and
Wireless Telecom Group, Inc. and its subsidiaries (the “Company”). Employee and the Company, together, are at times
referred to as the “Parties”.


 


WHEREAS, Employee and
the Company are parties to a Severance Agreement dated December 10, 2012 (the “Severance Agreement”) that provides
for a specified Severance payment and Continuation of Benefits if Employee’s employment is terminated by the Company for
a reason other than death, permanent disability or Cause, or if Employee resigns for Good Reason (as those capitalized terms are
defined in the Severance Agreement);


 


WHEREAS, the Company
and Employee have agreed that Employee will cease serving as an officer of the Company on May 22, 2017, and will cease employment
with the Company on June 30, 2017 (the “Separation Date”);


 


WHEREAS, the Company
and Employee have agreed to terminate the Severance Agreement in consideration for entering into this Agreement; and


 


WHEREAS, the Company
and Employee wish to confirm the terms of Employee’s employment after ceasing to serve as an officer through the Separation
Date (the “Transition Period”) and separation from employment, and to settle, release and discharge, with prejudice,
any and all claims, causes of action or disputes Employee has or may have against any of the Releasees (defined in Section 6(a)
below), including but not limited to those arising or which may be arising out of his employment with the Company and/or his separation
from that employment, other than as set forth in this Agreement (including Attachment A hereto).


 


NOW, THEREFORE, in
consideration of the mutual covenants and agreements herein contained, and for other good and valuable consideration, the legal
sufficiency of which is hereby acknowledged, the Company and Employee do hereby agree as follows:


 


1. Mutual Termination of
Severance Agreement. Employee and the Company agree that the Severance Agreement shall terminate, and that Employee
hereby waives any right under the Severance Agreement to receive a Severance payment and Continuation of Benefits, effective
as of the Effective Date (as defined in Section 3 below) of this Agreement.


 


2. Transition Period and Separation
from Employment. During the Transition Period Employee will make himself available to assist in the transition of his duties
as requested by the Chief Executive Officer of the Company, and will continue to be paid salary and to be eligible for benefits
as an active employee. Employee agrees to use all vacation/PTO accrued through the Separation Date during the Transition Period.
Employee’s employment with the Company will end on the Separation Date. Employee understands that, following the Separation
Date, he will have no right to any salary or employee benefits provided by the Company under any employee benefit plans, except
for any continuation of benefit rights expressly described in this Agreement, and that Employee will not be paid a bonus for 2017
(except as the same is included in the Severance Payment). Employee’s rights to exercise stock options that have vested
or will vest on or before the Separation Date (“Vested Options”) are governed by the Stock Option



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Agreement between the Company and Employee,
dated April 11, 2008, and the Stock Option Agreement between the Company and Employee, dated November 24, 2009, both as amended
in May 2017 by an amendment executed by Employee simultaneously with his execution of this Agreement (the “Stock Option
Agreements”). The receipt of benefits hereunder after the Separation Date will not extend Employee’s service date
with respect to health benefits, stock options, bonus, incentive compensation, profit sharing or other compensation or benefits.
Similarly, Employee acknowledges that, as of the Separation Date, his duties and obligations to the Company will be extinguished
with the exception of his duties and obligations to continue to protect the Company’s Confidential Information (defined
in Section 9(b) below) and those duties and obligations otherwise stated herein.


 


3. Review and Revocation Periods;
Effective Date. Employee understands that he has a period of twenty-one (21) calendar days from his receipt of this Agreement
to consider the terms and conditions of this Agreement, except that if the last day of this period falls on a Saturday, Sunday
or holiday observed by the Company, Employee shall have until the close of business on the next immediate business day (the “Review
Period”). Employee may accept this Agreement by fully signing, notarizing and returning it to Matt O’Connor, Human
Resources Director, Wireless Telecom Group, Inc., 25 Eastmans Road, Parsippany, New Jersey 07054, by no later than 5:00 p.m. on
the last day of his Review Period. By signing this Agreement, Employee expressly acknowledges and agrees that (a) he has had up
to twenty-one (21) calendar days to carefully read and fully consider the terms of this Agreement and that he understands he can
use as much of the Review Period or all of the Review Period before signing the Agreement; (b) to the extent that he signs the
Agreement prior to the expiration of the Review Period, he is voluntarily and knowingly waiving the balance of the Review Period;
(c) he has been advised in writing to discuss this Agreement with an attorney before signing it and the time afforded him provided
him a full and fair opportunity to do so; (d) he has so consulted an attorney or knowingly waived the right to do so before signing
this Agreement; (e) he has carefully read this Agreement and fully understands the terms and information stated therein; (f) he
is physically and emotionally competent and of sound mind to execute this Agreement; and (g) he is knowingly and voluntarily signing
this Agreement of his own free will, act and deed. He warrants that he has made such investigation of the facts pertaining to
this Agreement and all matters contained herein as he deems necessary, desirable and appropriate, and agrees that the release
provided for herein shall remain in all respects effective and enforceable and not subject to termination or rescission by reason
of any later discovery of new, different or additional facts. Employee understands that he has an additional period of seven (7)
calendar days after he signs the Agreement to revoke his acceptance of the Agreement, except that if the seventh (7th)
calendar day after he signs the Agreement falls on a Saturday, Sunday or legal holiday, he will have until the close of business
on the next immediate business day (the “Revocation Period”). Employee agrees that this Agreement shall become fully
effective and enforceable the first calendar day following the expiration of the Revocation Period, provided he does not first
timely provide a notice of revocation to the Company (the “Effective Date”). Employee understands that if he does
not sign this Agreement and return it to the Company by the end of his Review Period, or if he executes his right to revoke this
Agreement, he will not be entitled to receive the Severance Payment and other benefits described below in Section 4, and the terms
of the Agreement shall be deemed null and void.



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4. Payment and Benefits to Employee
in Exchange for Release. In exchange for and in consideration of Employee’s promises as set forth in this Agreement
and the Release attached to this Agreement as Attachment A (“Release”), and contingent upon the Company’s timely
receipt of signed copies of this Agreement and the Release (which may only be executed on or after the Separation Date, but no
later than five (5) business days after the Separation Date) and Employee’s not revoking both this Agreement and the Release,
the Company agrees to provide Employee with the following payment and other benefits on behalf of all Releasees:


 


(a) The Company
will pay Employee a gross lump sum amount of $375,000, less all applicable income and employment taxes and other required or elected
withholdings (the “Severance Payment”), on the first regularly scheduled payroll date that is at least five (5) business
days after the Release Effective Date (as defined in the Release). The Severance Payment was calculated as an amount equal to
Employee’s base salary for one year plus a bonus for the portion of 2017 in which Employee was employed by the Company.


 


(b) To the extent
Employee is eligible for and timely elects COBRA continuation coverage in accordance with the Company’s COBRA healthcare
continuation coverage policies for group medical and dental coverage (but not any flexible spending account) and continues to
pay the premiums for such plans at the active monthly rate applicable to the health coverage in effect for active employees (the
“Active Rate”), the Company will pay, on his behalf and for a twelve (12) month period only, an amount equal to the
portion of his COBRA healthcare continuation coverage premium for such plans that exceeds the Active Rate based upon the type
of coverage Employee elected prior to his/her Separation Date, subject to all applicable taxes (the “COBRA Subsidy”).


 


	 	i.	Employee understands that if he/she does not elect healthcare continuation coverage
pursuant to COBRA or chooses to reduce his/her coverage level pursuant to COBRA, he/she will not receive the cash equivalent of
the Company’s share of the premium, or any difference in the Company’s share of the premium between his/her election
prior to termination and his/her COBRA election.



 


	 	ii.	Employee also understands that if he/she remains eligible for COBRA healthcare continuation
coverage after the month when the COBRA Subsidy is in effect, he/she will be responsible to pay the full premiums with respect
to such coverage at the COBRA rate. He/she understands and agrees that the Company has and will have no obligation to make any
payments toward COBRA healthcare continuation coverage for him/her and his/her eligible dependents beyond the twelve (12) month
COBRA Subsidy period and that the COBRA Subsidy will not extend the period of his eligibility or the eligibility of his/her dependents
for healthcare continuation coverage under COBRA.



 


(c) Employee will
be entitled to a continuation of benefits for at least 12 months after the Separation Date under the Company’s life insurance
program (to the extent permitted under such employee benefit plan).



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(d) Employee agrees
that the Severance Payment and COBRA Subsidy, and his continued employment during the Transition Period, constitute good and adequate
consideration in exchange for his promises and releases herein and is in addition to anything of value to which he is presently
entitled by virtue of his employment with the Company and any of the Releasees’ policies, practices, plans or prior understandings
with him regarding compensation, vacation, bonuses, severance, on-call time, paid time off, commissions, incentive compensation
stock options, offer letters, or any other fringe benefit plan, program, policy or practice.


 


(e) Company represents
and warrants that the Chief Executive Officer of the Company has no knowledge, as of the date that the Company executes this Agreement,
of any claims by the Company against Employee.


 


(f) Company further
represents and warrants that as of the Effective Date Employee has vested options to purchase 720,000 Company shares subject to
applicable Stock Option Agreements (“Vested Options”), and that as of the Separation Date, Company projects that Employee
will have no additional vested options.


 


(g) Company covenants
that following the Effective Date, Company will cooperate, consistent with applicable law and the terms of Employee’s applicable
Stock Option Plan and Stock Option Agreements, with Employee and his broker in exercising options and in selling any stock resulting
from such exercise or any restricted stock that vested on or before the Separation Date, including providing without charge an
opinion of counsel to enable Employee to sell shares under Rule 144 and removal of legends within one business day of request
and Company will file any necessary Form 4s at the request of Employee, subject to Employee’s timely providing information
to the Company necessary to complete the Form 4s.


 


(h) Company acknowledges
that following the Separation Date Employee is no longer subject to the Company’s Policy on Insider Trading and Tipping
as adopted on November 9, 2015 or any successor policy, provided that Employee acknowledges he is subject to laws regarding insider
trading.


 


(i) On or before
the Effective Date, the Company will execute the amendment to the Stock Option Agreements in the form attached to this Agreement
as Attachment B.


 


5. Receipt of All Prior Pay and
Benefits Due; No Injuries. Employee agrees that, as of the date he signs this Agreement, the Company does not owe him any
further compensation, remuneration, overtime payments, bonuses, incentives, benefits, severance, commissions, or other
employment payments of any kind whatsoever other than as set forth in the Agreement, the Stock Option Agreements, or Company
policies in effect at the time of this agreement as related to accrued, unused paid time off and other than for wages, and
benefits for the period covered by the next Company payroll (to the extent it covers periods prior to the date he signs this
Agreement) and all Company payrolls covering periods through the Separation Date (even if such payrolls extend beyond the
Separation Date) and 401k matches to the extent not deposited by the Company. Employee warrants that he has not suffered any
work-related injuries, has not contracted any known occupational diseases, and has been provided all family, medical and
other benefits to which he was ever entitled.



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6. Release of Claims and Covenant
Not to Sue.


 


(a) In exchange
for the Company providing Employee with the payment and benefits described above, Employee, on his own behalf and on behalf his
heirs, executors, personal representatives, administrators and assigns (hereinafter collectively referred to as the “Releasers”),
forever releases and discharges the Company and all of its parent corporations, subsidiaries, divisions, affiliated entities,
predecessors, successors and assigns (including Wireless Telecom Group, Inc. and Noise Com), all of its and their employee benefit
and/or pension plans or funds, and all of its and their past and present officers, directors, stockholders, agents, trustees,
administrators, employees, managers, attorneys, insurers, reinsurers, contractors and assigns (whether acting as agents for such
entities or in their individual capacities) (hereinafter collectively referred to as “Releasees”), from any and all
claims, demands, causes of action, fees and liabilities of any kind whatsoever (based upon any legal or equitable theory, whether
contractual, common-law, statutory, federal, state, local or otherwise), whether known or unknown, which Employee ever had, now
has, or may have against Releasees by reason of any actual or alleged act, omission, transaction, practice, conduct, occurrence
or other matter up to and including the Effective Date of this Agreement.


 


i. Without limiting
the generality of the foregoing, this Agreement is intended to and shall release the Releasees from any and all waivable claims
arising out of or alleged to be arising out of and in any way concerning Employee’s employment with the Company, the terms,
conditions, and privileges of that employment, the termination of that employment and/or any and all violations and/or alleged
violations of any federal, state and local fair employment practices or other laws by any of the Releasees for any reason and
under any legal theory including but not limited to the Age Discrimination in Employment Act (“ADEA”), the Older Workers
Benefit Protection Act (“OWBPA”), Title VII of the Civil Rights Act of 1964 (“Title VII”), the Genetic
Information Nondiscrimination Act of 2008 (“GINA”), the Worker Adjustment and Retraining Notification Act (“WARN”),
the Occupational Safety and Health Act (“OSHA”),the Americans with Disabilities Act (“ADA”), the Employee
Retirement Income Security of 1974, (“ERISA”), the National Labor Relations Act (“NLRA”), the Labor Management
Relations Act (“LMRA”), the Fair Labor Standards Act (“FLSA”), the Family and Medical Leave Act (“FMLA”)
the Uniformed Services Employment and Reemployment Act (“USERRA”), the Fair Credit Reporting Act (“FCRA”),
the Equal Pay Act of 1963 (the “EPA”), the Lilly Ledbetter Fair Pay Act, the Civil Rights Act of 1991, the New Jersey
Law Against Discrimination (“NJLAD”), the New Jersey Conscientious Employee Protection Act (“CEPA”), the
New Jersey Fair Credit Reporting Act (“NJFCRA”), the New Jersey Wage and Hour Law, the New Jersey Workers’ Compensation
Act, the New Jersey Temporary Disability Benefits and Family Leave Insurance Law, the New Jersey Discrimination in Wages Law,
the New Jersey Millville Dallas Airmotive Plant Job Loss Notification Act, and the New Jersey Civil Rights Act, all as amended.


 


ii. Employee also
forever waives and releases all claims, whether accrued or unaccrued, real or perceived, liquidated or contingent, or known
or unknown, for breach of implied or express contract, breach of promise, breach of the covenant of good faith and fair
dealing, fraud, misrepresentation, negligence, estoppel, defamation, intentional infliction of emotional distress, violation
of public policy, wrongful, retaliatory or constructive discharge, or any other claim or tort arising under any federal,
state or local law, statute, rule, regulation,



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ordinance, judicial decision and/or the
United States or New Jersey constitutions, including any and all claims arising out of the terms and conditions of Employee’s
employment the termination of such employment, the benefits and attributes of that employment, any of the events relating directly
or indirectly to or surrounding that termination, and all claims for attorneys’ fees, costs, disbursements and/or the like.


 


(b) Employee represents
and warrants that: (i) he is the lawful owner of all claims released through this Agreement; (ii) he has the beneficial interest
in the payment and benefits that he will receive under this Agreement; (iii) he has not assigned, and will not assign, any interest
in any claim released through this Agreement; (iv) he has not filed, and is not and has not been subject to, a voluntary or involuntary
bankruptcy petition in the past three (3) years; (v) he is not a debtor in any pending bankruptcy case; (vi) no receiver, bankruptcy
trustee or other third party may assert a right to any claim released through this Agreement or the payment tendered or to be
tendered under this Agreement. Employee agrees that the foregoing representations and warranties shall survive the execution,
performance and consummation or termination of this Agreement. He also agrees that he will fully indemnify and hold the Releasees
harmless to the extent any of the foregoing representations and warranties is or becomes untrue for any claims or damages, including
attorneys’ fees, fines, costs, liquidated damages and punitive damages, asserted or awarded against any of the Releasees
and, should it be determined that any bankruptcy trustee or other third party has a right to any payment made to him under this
Agreement, he immediately will return to the Company an amount equivalent to the full value of the Severance Payment.


 


(c) Employee warrants
that he has not filed or initiated any complaint, charge, arbitration demand, grievance and/or administrative action against any
of the Releasees in any federal, state or local court, in any administrative agency, or with any arbitration panel. He further
agrees not to file any claim or lawsuit against any of the Releasees in any federal, state or local court concerning any claim,
demand or cause of action released through this Agreement and not specifically excluded in Section 7 below. Should Employee file
a lawsuit or commence an arbitration proceeding against the Releasees with any court or arbitration panel regarding any claim
that is waived above and not excluded in Section 7 below, he agrees that he will be responsible to pay the legal fees and costs
incurred by the Releasees in defending such suit and the nothing shall limit the Releasees’ rights to obtain restitution,
repayment, recoupment or set off of any monies paid to Employee under this Agreement.


 


7. Exclusions from Release of Claims
and Covenant Not to Sue. The Parties agree that the release set forth in Section 6 and its subparagraphs above: (a) does not
limit Employee’s right to bring any action to enforce the terms of this Agreement or to recover for the breach thereof;
(b) does not waive Employee’s right to purchase or continue to purchase continuation health benefits coverage to the extent
he and his eligible dependents are eligible for such coverage under law or waive Employee’s right to continued life insurance
benefits under the Company’s plan (to the extent permitted under such employee benefit plan); (c) does not prohibit Employee
from filing, cooperating with or participating in any proceeding with the Equal Employment Opportunity Commission (“EEOC”),
the National Labor Relations Board (“NLRB”), or any similar federal, state or local board or agency, although he does
waive his right to recover any payments or other relief from the Company that any such board or agency may pursue or obtain on
his behalf; (d) does not waive Employee’s vested rights in any 401(k) plan or his right to contribute or for firm



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contributions to such plan for
periods worked on or prior to the Separation Date; (e) does not prohibit Employee from filing any claim with the New Jersey
Department of Labor & Workforce Development for unemployment compensation benefits or from collecting any award of
unemployment compensation benefits granted to him; (f) does not affect any of
Employee’s rights with respect to Vested Options, or Employee’s ownership interests in the Company’s
shares, if any, that Employee continues to hold following the Effective Date; (g) does not affect Employee’s rights to
indemnification and advancement of legal fees or insurance coverage Employee may have before or after the Effective Date or
the Separation Date, including, without limitation, any rights under governing statutory law or common law, any
indemnification agreement, the Company’s organizational documents, including its certificate of incorporation and
bylaws, or any “D&O coverage,” that Employee may have with respect to any claims made or threatened against
Employee in Employee’s capacity as a current or former director, officer or employee of the Company or any of its
affiliates; and (h) does not affect any claims for contribution in the event
Employee and any of the Releasees are found to be jointly liable or otherwise.


 


8. Continuing
Protection of Confidential Information; Non-Disparagement; and Return of Company Property.


 


(a) Employee warrants
that he has not used or disclosed any Confidential Information (as defined below), except as permitted in connection with his
performance of his job duties during his employment. Employee also agrees that he has not engaged, and will not, at any time,
engage in any conduct that is injurious to Releasees’ reputation or interest, including but not limited to (a) divulging,
communicating, or in any way making use for himself or any third party of Confidential Information acquired or developed by Employee
in the performance of his employment duties with the Company; and (b) publicly disparaging (or including or encouraging others
to publicly disparage) any of the Releasees. Employee agrees that, on or before the Separation Date, he will return to the Company
all Confidential Information and other property in his possession (including but not limited to identification badges, keys, keyfobs,
access cards, computers and equipment, personal digital assistance, cellular telephones, documents, pricing, customer and supplier
lists, personnel information, product information, electronic passwords, memoranda, marketing and sales information and/or files
in whatever form, including any electronic data format), and that he will not retain any copies of any such information. Employee
further agrees that he will reconcile to the Company’s satisfaction any outstanding amounts due to the Company on account
of charges incurred by him prior to his Separation Date.


 


(b) Employee agrees
that, to the extent he has transferred or transfers any Confidential Information and/or other business information belonging to
the Company and/or any of the Releasees, any personal computer equipment, personal electronic storage devices, or any cloud or
other file sharing service to which he has access, he has properly disposed or will dispose of such materials after returning
a complete, true copy of the same to the Company and he has also fully deleted and otherwise appropriately removed, or will delete
and otherwise appropriately remove, all electronic copies of the same from his personal computer equipment, other electronic devices
and any cloud or other file sharing services to which he has access in a manner reasonably performed to effectively prevent the
disclosure of any sensitive personal data and/or other Confidential Information and/or other business information belonging to
the Company.



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(c) Notwithstanding
any provision of this Agreement, or any other agreement executed by Employee, to the contrary, there are no contractual restrictions
on Employee’s (a) reporting violations of any law or regulation, (b) providing truthful testimony or information pursuant
to subpoena, court order, or similar legal process, (c) providing truthful information to government or regulatory agencies, or
(d) otherwise engaging in whistleblower activity protected by the Securities Exchange Act of 1934, the Dodd-Frank Wall Street
Reform and Consumer Protection Act, or any rules or regulations issued thereunder, including, without limitation, Rule 21F-17.
In addition, 18 U.S.C. §1833(b) provides, “An individual shall not be held criminally or civilly liable under any Federal
or State trade secret law for the disclosure of a trade secret that (A) is made (i) in confidence to a Federal, State, or local
government official, either directly or indirectly, or to an attorney; and (ii) solely for the purpose of reporting or investigating
a suspected violation of law; or (B) is made in a complaint or other document filed in a lawsuit or other proceeding, if such
filing is made under seal.” Nothing in this Agreement, any other agreement executed by Employee, or any Company policy is
intended to conflict with this statutory protection.


 


9. Non-Competition; Non-Servicing;
Non-Solicitation.


 


(a) Non-Competition.
Employee agrees that during the Transition Period and for a period of one (1) year after the Separation Date (together, the “Restricted
Period”), Employee will not, as a principal, manager, agent, consultant, officer, stockholder, partner, member, investor,
employee, or in any other capacity, be associated with or provide services to or on behalf of Westell Communications, Commscope,
PCTEL, Baylin/Galtronics, JMA Technologies, TIK, Comba Technologies, Kathrein Solutions, or Meca Electronics, Inc. (the “Restricted
Companies”), or any other company that acquires substantially all of the assets of, or enters into a merger with, any of
the Restricted Companies, to the extent they continue to engage in the “Business” or otherwise compete with the Company
with respect to the Business anywhere in the world. For purposes of this Section 9, “Business” means the design, development,
manufacturing, testing, and deployment of RF and microwave components, modules, systems and instruments for the wireless, telecommunication,
satellite, military, aerospace, semiconductor and medical industries. Nothing herein shall be construed so as to preclude Employee
from investing directly or indirectly in any publicly traded equity securities, provided that no such investment in any class
of securities may exceed 5% of the outstanding securities of such class.


 


(b) Non-Servicing
and Non-Solicitation. Employee agrees that during the Restricted Period, Employee will not directly, or indirectly call upon
or cause to be called upon, solicit, divert or take away, or attempt to divert or to take away, the business or patronage of,
or provide services to, any “Client of the Company” with respect to the Business. For purposes of this Agreement,
a “Client of the Company” means any person or entity to whom the Company sold products or services during the two
year period before the Separation Date.


 


(c) Non-Hiring
and Non-Solicitation. Employee agrees that during the Restricted Period, Employee, on Employee’s own behalf or on
behalf of any person or entity, will not directly or indirectly solicit, employ, hire, cause to be hired, or retain any
officer, manager, sales person, or any other employee who developed or had access to Confidential Information, who was
employed by the Company at any time during the one year period immediately preceding



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the Separation Date. General advertisements
such as in a newspaper, or listing of opportunities on a job board that is available to the general public, shall not constitute
solicitation prohibited by this Agreement, but descriptions of or references to employment opportunities by Employee on social
media accounts that require Employee’s or an employer’s authorization for access (such as Facebook, Linked In, etc.)
are subject to the prohibition on solicitation.


 


(d) Confidential
Information. During the Transition Period and at all times after the Separation Date, Employee will take all steps necessary
to hold the proprietary confidential information of the Company (“Confidential Information”) in trust and confidence,
and will not use, or assist another to use, any such Confidential Information in any manner or for any purpose other than for
the benefit of the Company, and will not disclose any such Confidential Information to any third party without first obtaining
the express written consent of an officer of the Company (“Officer”) on a case-by-case basis. By way of illustration
but not limitation, “Confidential Information” includes (a) trade secrets, trade names, trademarks, service marks,
domain names, trade dresses, logos, corporate names, slogans, indicia of sources of origin, rights of publicity and privacy, artistic
and moral rights, inventions, shop rights, mask works, artworks, ideas, processes, techniques, formulae, algorithms, source and
object codes, data, databases, data structures, programs, software, other works of authorship, copyrightable subject matter, industrial
property rights, know-how, improvements, discoveries, developments, designs and techniques, whether or not used in the Company’s
business; (b) information regarding the Company’s plans for research, development, new products or services, trading strategies,
styles, instruments, markets, or sectors, marketing and selling, business plans, budgets and unpublished financial statements,
licenses, prices and costs, suppliers and customers; and (c) information regarding the skills of employees of, and independent
contractors engaged by, the Company. Notwithstanding the other provisions of this Agreement, nothing received by Employee will
be considered to be Confidential Information if (1) it has been published or is otherwise readily available to the public other
than by a breach of this Agreement or other confidentiality obligation; (2) is generally known in the Business; or (3) it was
lawfully known to Employee prior to Employee’s first becoming employed by the Company.


 


10. Cooperation; Response to Subpoenas.


 


(a) Employee will
reasonably cooperate with the Company and all other Releasees and its/their counsel in connection with any investigation, administrative
proceeding or litigation relating to any matter in which Employee was involved or of which Employee has knowledge as a result
of his employment with the Company. Employee agrees that such cooperation shall not, in any way, be construed as compensatory
time and that he shall not be entitled to payment for the time spent in connection with the same; however, he will be reimbursed
for all associated reasonable and necessary travel and parking expenses.


 


(b) Employee agrees
that in the event he is subpoenaed by any person or entity (including, but not limited to, any government agency) to give testimony
(in a deposition, court proceeding or otherwise) which in any way relates to Employee’s employment with the Company or any
other Releasees, he will promptly give notice of such request to the Company unless otherwise prohibited by law and will make
no disclosure until the Company has had a reasonable opportunity to contest the right of the requesting person or entity to such
disclosure.



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11. No Admission of Liability.
Employee understands that the making of this Agreement is not intended and shall not, in any way, be construed, as an admission
that Releasees have violated any federal, state or local law (statutory or decisional), ordinance or regulation, breached any
contract, or committed any wrong whatsoever against the Employee. Employee understands that, to the contrary, the Company maintains
that all of the Releasees have treated him in a fair, lawful, non-discriminatory and non-retaliatory manner. The Parties agree
that this Agreement may only be used as evidence in a subsequent proceeding in which any of the Parties allege a breach of this
Agreement.


 


12. Binding Nature. This Agreement
is binding upon, and shall inure to the benefit of, the Parties and their respective heirs, executors, administrators, successors
and permitted assigns. Employee may not assign this Agreement, and any purported assignment by Employee shall be null and void.


 


13. Governing Law and Venue.
This Agreement shall in all respects be interpreted, enforced and governed under the laws of the State of New Jersey, exclusive
of any choice of law rules. Any dispute regarding this Agreement shall be brought in, and the Parties consent to the personal
jurisdiction of, the state and federal courts of the State of New Jersey (to the extent that subject matter jurisdiction exists).


 


14. Equitable Modification; Severability.
The Parties agree that the terms of this Agreement are severable. If any provision of this Agreement is held by a court of competent
jurisdiction to be illegal, void, or unenforceable, such provision shall be modified to be enforceable to the greatest extent
permitted by applicable law. Whether or not such modification is allowed, the illegality or unenforceability of such provision
shall have no effect upon, and shall not impair the enforceability of, any other provision of this Agreement; however, if the
release within Section 6 of this Agreement is deemed illegal, void or unenforceable by a court of competent jurisdiction, Employee
agrees either to return promptly to the Company the value of the Severance Payment and other benefits provided to his under this
Agreement or to execute a release, waiver and/or covenant that is legal and enforceable. Further, if Employee seeks to challenge
the validity of or otherwise vitiate this Agreement or any other provision thereof (including, without limitation, the terms of
Section 6), Employee shall, as a precondition, be required, to the extent permitted by applicable law, to repay to the Company
the value of the Severance Payment and other benefits provided to his under this Agreement. Finally any breach of the terms of
Sections 6, 8, 9 or 10 shall constitute a material breach of this Agreement as to which the Company may seek appropriate relief
(including but not limited to repayment of the value of the benefits to him under this Agreement) in a court of competent jurisdiction.


 


15. No Reliance Upon Verbal
Representations; Entire Agreement; Amendments. This Agreement and the Release constitute the complete understanding
between the Parties with respect to its subject matter and supersede any and all agreements, understandings, and discussions,
whether written or oral, between the Parties concerning its subject matter, including without limitation the Severance
Agreement. Employee agrees that no promises or inducements have been made to him to cause him to sign this Agreement other
than those expressly provided for in this Agreement. Employee also understands and agrees that no other promises or
agreements, and no amendments to this Agreement, shall be binding unless in writing and signed



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by the Parties to be bound thereby after
the date that the Employee returns this Agreement, duly executed and acknowledged.


 


IN WITNESS WHEREOF,
intending to be forever legally bound hereby, the Parties have executed this Agreement on the dates set forth below:


 


Wireless
telecom group, inc. (d/b/a noise com)


 


	By:  	/s/ Timothy Whelan	 	Date:  May 22, 2017
	 	Timothy Whelan	 	 
	 	Chief Executive Officer	 	 
	By:	/s/ Paul Genova	 	Date:  May 22, 2017
	 	Paul Steven Genova	 	 


 


ACKNOWLEDGMENT


 


	STATE OF New Jersey	)
	 	:ss
	COUNTY OF	)


 


On this 22nd day of
May 2017 before me personally came Paul Steven Genova known and identified to me known to be the person described herein, who
executed the foregoing Separation Agreement and General Release, duly acknowledging to me that he signed the same on his own free
will, act and deed for the uses and purposes therein mentioned.


 


IN WITNESS WHEREOF,
I have hereunto set my hand and seal at Parsippany, New Jersey on the day and year aforesaid.


 


	 	/s/Rosalie Nystrand	 
	 	Notary Public	 




    	Page 11 of 19



    	



    

SEPARATION AGREEMENT AND GENERAL RELEASE


 


ATTACHMENT “A”


 


RELEASE


 


This Release (“Release”) is
being executed pursuant to a Separation Agreement and General Release (the “Agreement”) between Paul Steven Genova
(the “Employee”) and Wireless Telecom Group, Inc. and its subsidiaries (the “Company”) executed on May
22, 2017. Any capitalized word not defined in this Release (other than a proper noun) has the meaning defined in the Agreement.


 


1. Review and Revocation Periods;
Effective Date. Employee acknowledges that he has had at least twenty-one (21) calendar days from his receipt of this Release
to consider the terms and conditions of this Release (the “Review Period”). Employee may accept this Release by fully
signing, notarizing and returning it to Matt O’Connor, Human Resources Director, Wireless Telecom Group, Inc., 25 Eastmans
Road, Parsippany, New Jersey 07054, by no earlier than the Separation Date and no later than five (5) business days after the
Separation Date (“Release Return Date”). By signing this Release, Employee expressly acknowledges and agrees that
(a) he has had up to twenty-one (21) calendar days to carefully read and fully consider the terms of this Release and that he
understands he can use as much of the Review Period or all of the Review Period before signing the Release; (b) he has been advised
in writing to discuss this Release with an attorney before signing it and the time afforded him provided him a full and fair opportunity
to do so; (c) he has so consulted an attorney or knowingly waived the right to do so before signing this Release; (d) he has carefully
read this Release and fully understands the terms and information stated therein; (e) he is physically and emotionally competent
and of sound mind to execute this Release; and (f) he is knowingly and voluntarily signing this Release of his own free will,
act and deed. He warrants that he has made such investigation of the facts pertaining to this Release and all matters contained
herein as he deems necessary, desirable and appropriate, and agrees that the release provided for herein shall remain in all respects
effective and enforceable and not subject to termination or rescission by reason of any later discovery of new, different or additional
facts. Employee understands that he has an additional period of seven (7) calendar days after he signs the Release to revoke his
acceptance of the Release, except that if the seventh (7th) calendar day after he signs the Release falls on a Saturday,
Sunday or legal holiday, he will have until the close of business on the next immediate business day (the “Revocation Period”).
Employee agrees that this Release shall become fully effective and enforceable the first calendar day following the expiration
of the Revocation Period, provided he does not first timely provide a notice of revocation to the Company (the “Release
Effective Date”). Employee understands that if he does not sign this Release and return it to the Company by the Release
Return Date, or if he executes his right to revoke this Release, he will not be entitled to receive the Severance Payment and
other benefits described in the Agreement, and the terms of the Agreement shall be deemed null and void.


 


2. Receipt of All Prior Pay and
Benefits Due; No Injuries. Employee agrees that, as of the date he signs this Release, the Company does not owe him any further
compensation, remuneration, overtime payments, bonuses, incentives, benefits, severance, commissions, or



    	Page 12 of 19



    	



    

other employment payments of any kind
whatsoever other than as set forth in the Agreement, the Stock Option Agreements, for compensation and benefits to the extent
a Company payroll after the Release Effective Date covers a period prior to the Separation Date or Company policies in effect
at the time of this Release as related to accrued, unused paid time off. Employee warrants that he has not suffered any work-related
injuries, has not contracted any known occupational diseases, and has been provided all family, medical and other benefits to
which he was ever entitled.


 


3. Release of Claims and Covenant
Not to Sue.


 


(a) In exchange
for the Company providing Employee with the payment and benefits described in the Agreement, Employee, on his own behalf and on
behalf his heirs, executors, personal representatives, administrators and assigns (hereinafter collectively referred to as the
“Releasers”), forever releases and discharges the Company and all of its parent corporations, subsidiaries, divisions,
affiliated entities, predecessors, successors and assigns (including Wireless Telecom Group, Inc. and Noise Com), all of its and
their employee benefit and/or pension plans or funds, and all of its and their past and present officers, directors, stockholders,
agents, trustees, administrators, employees, managers, attorneys, insurers, reinsurers, contractors and assigns (whether acting
as agents for such entities or in their individual capacities) (hereinafter collectively referred to as “Releasees”),
from any and all claims, demands, causes of action, fees and liabilities of any kind whatsoever (based upon any legal or equitable
theory, whether contractual, common-law, statutory, federal, state, local or otherwise), whether known or unknown, which Employee
ever had, now has, or may have against Releasees by reason of any actual or alleged act, omission, transaction, practice, conduct,
occurrence or other matter up to and including the Effective Date of this Release.


 


i. Without limiting
the generality of the foregoing, this Release is intended to and shall release the Releasees from any and all waivable claims
arising out of or alleged to be arising out of and in any way concerning Employee’s employment with the Company, the terms,
conditions, and privileges of that employment, the termination of that employment and/or any and all violations and/or alleged
violations of any federal, state and local fair employment practices or other laws by any of the Releasees for any reason and
under any legal theory including but not limited to the Age Discrimination in Employment Act (“ADEA”), the Older Workers
Benefit Protection Act (“OWBPA”), Title VII of the Civil Rights Act of 1964 (“Title VII”), the Genetic
Information Nondiscrimination Act of 2008 (“GINA”), the Worker Adjustment and Retraining Notification Act (“WARN”),
the Occupational Safety and Health Act (“OSHA”),the Americans with Disabilities Act (“ADA”), the Employee
Retirement Income Security of 1974, (“ERISA”), the National Labor Relations Act (“NLRA”), the Labor Management
Relations Act (“LMRA”), the Fair Labor Standards Act (“FLSA”), the Family and Medical Leave Act (“FMLA”)
the Uniformed Services Employment and Reemployment Act (“USERRA”), the Fair Credit Reporting Act (“FCRA”),
the Equal Pay Act of 1963 (the “EPA”), the Lilly Ledbetter Fair Pay Act, the Civil Rights Act of 1991, the New Jersey
Law Against Discrimination (“NJLAD”), the New Jersey Conscientious Employee Protection Act (“CEPA”), the
New Jersey Fair Credit Reporting Act (“NJFCRA”), the New Jersey Wage and Hour Law, the New Jersey Workers’ Compensation
Act, the New Jersey Temporary Disability Benefits and Family Leave Insurance Law, the New Jersey Discrimination in Wages Law,
the New Jersey



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Millville Dallas Airmotive Plant Job Loss
Notification Act, and the New Jersey Civil Rights Act, all as amended.


 


ii. Employee also
forever waives and releases all claims, whether accrued or unaccrued, real or perceived, liquidated or contingent, or known or
unknown, for breach of implied or express contract, breach of promise, breach of the covenant of good faith and fair dealing,
fraud, misrepresentation, negligence, estoppel, defamation, intentional infliction of emotional distress, violation of public
policy, wrongful, retaliatory or constructive discharge, or any other claim or tort arising under any federal, state or local
law, statute, rule, regulation, ordinance, judicial decision and/or the United States or New Jersey constitutions, including any
and all claims arising out of the terms and conditions of Employee’s employment the termination of such employment, the
benefits and attributes of that employment, any of the events relating directly or indirectly to or surrounding that termination,
and all claims for attorneys’ fees, costs, disbursements and/or the like.


 


(b) Employee represents
and warrants that: (i) he is the lawful owner of all claims released through this Release; (ii) he has the beneficial interest
in the payment and benefits that he will receive under this Release; (iii) he has not assigned, and will not assign, any interest
in any claim released through this Release; (iv) he has not filed, and is not and has not been subject to, a voluntary or involuntary
bankruptcy petition in the past three (3) years; (v) he is not a debtor in any pending bankruptcy case; (vi) no receiver, bankruptcy
trustee or other third party may assert a right to any claim released through this Release or the payment tendered or to be tendered
under this Release. Employee agrees that the foregoing representations and warranties shall survive the execution, performance
and consummation or termination of this Release. He also agrees that he will fully indemnify and hold the Releasees harmless to
the extent any of the foregoing representations and warranties is or becomes untrue for any claims or damages, including attorneys’
fees, fines, costs, liquidated damages and punitive damages, asserted or awarded against any of the Releasees and, should it be
determined that any bankruptcy trustee or other third party has a right to any payment made to him under the Agreement, he immediately
will return to the Company an amount equivalent to the full value of the Severance Payment.


 


(c) Employee warrants
that he has not filed or initiated any complaint, charge, arbitration demand, grievance and/or administrative action against any
of the Releasees in any federal, state or local court, in any administrative agency, or with any arbitration panel. He further
agrees not to file any claim or lawsuit against any of the Releasees in any federal, state or local court concerning any claim,
demand or cause of action released through this Release and not specifically excluded in Section 4 below. Should Employee file
a lawsuit or commence an arbitration proceeding against the Releasees with any court or arbitration panel regarding any claim
that is waived above and not excluded in Section 4 below, he agrees that he will be responsible to pay the legal fees and costs
incurred by the Releasees in defending such suit and the nothing shall limit the Releasees’ rights to obtain restitution,
repayment, recoupment or set off of any monies paid to Employee under the Agreement.


 


4. Exclusions from Release of Claims
and Covenant Not to Sue. The release set forth in Section 3 and its subparagraphs above: (a) does not limit Employee’s
right to bring any action to enforce the terms of this Release or the Agreement, or for to recover for breach of the foregoing;
(b) does not waive Employee’s right to purchase or continue to purchase continuation health



    	Page 14 of 19



    	



    

benefits coverage to the extent he
and his eligible dependents are eligible for such coverage under law or waive Employee’s right to continued life
insurance benefits under the Company’s plan (to the extent permitted under such employee benefit plan); (c) does not
prohibit him from filing, cooperating with or participating in any proceeding with the Equal Employment Opportunity
Commission (“EEOC”), the National Labor Relations Board (“NLRB”), or any similar federal, state or
local board or agency, although he does waive his right to recover any payments or other relief from the Company that any
such board or agency may pursue or obtain on his behalf; (d) does not waive his vested rights in any 401(k) plan; and (e)
does not prohibit him from filing any claim with the New Jersey Department of Labor & Workforce Development for
unemployment compensation benefits or from collecting any award of unemployment compensation benefits granted to him;
(f) does not affect any of Employee’s rights with respect to Vested Options, or
Employee’s ownership interests in the Company’s shares, if any, that Employee continues to hold following the
Separation Date; (g) does not affect Employee’s rights to indemnification and advancement of legal fees or insurance
coverage Employee may have before or after the Separation Date, including, without limitation, any rights under governing
statutory law or common law, any indemnification agreement, the Company’s organizational documents, including its
certificate of incorporation and bylaws, or any “D&O coverage,” that Employee may have with respect to any
claims made or threatened against Employee in Employee’s capacity as a current or former director, officer or
employee of the Company or any of its affiliates; and (h) does not affect any
claims for contribution in the event Employee and any of the Releasees are found to be jointly liable.


 


5. Continuing
Protection of Confidential Information and Return of Company Property.


 


(a) Employee warrants
that he has not used or disclosed any Confidential Information, except as permitted in connection with his performance of his
job duties during his employment. Employee warrants that, as of the date he signs this Release, he has returned to the Company
all Confidential Information and other property in his possession (including but not limited to identification badges, keys, keyfobs,
access cards, computers and equipment, personal digital assistance, cellular telephones, documents, pricing, customer and supplier
lists, personnel information, product information, electronic passwords, memoranda, marketing and sales information and/or files
in whatever form, including any electronic data format), and that he has retained no copies of any such information. Employee
further represents that he has reconciled to the Company’s satisfaction any outstanding amounts due to the Company on account
of charges incurred by him prior to his Separation Date.


 


(b) Employee agrees
that, to the extent he has transferred any Confidential Information and/or other business information belonging to the Company
and/or any of the Releasees, any personal computer equipment, personal electronic storage devices, or any cloud or other file
sharing service to which he has access, he has properly disposed of such materials after returning a complete, true copy of the
same to the Company and has also will fully deleted and otherwise appropriately removed all electronic copies of the same from
his personal computer equipment, other electronic devices and any cloud or other file sharing services to which he has access
in a manner reasonably performed to effectively prevent the disclosure of any sensitive personal data and/or other Confidential
Information and/or other business information belonging to the Company.



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6. Binding Nature. This Release
is binding upon Employee and his heirs, executors and administrators, and is binding upon and shall inure to the benefit of the
Company and its successors and assigns.


 


7. Governing Law and Venue.
This Release shall in all respects be interpreted, enforced and governed under the laws of the State of New Jersey, exclusive
of any choice of law rules. Any dispute regarding this Release shall be brought in, and the Parties consent to the personal jurisdiction
of, the state and federal courts of the State of New Jersey (to the extent that subject matter jurisdiction exists).


 


8. Severability. If any provision
of this Release is held invalid, illegal or unenforceable, the validity, legality or enforceability of the remaining provisions
shall in no way be affected or impaired thereby.


 


9. No Oral Modification. This
Release may not be changed, modified or amended except by a written amendment signed by Employee and an authorized officer of
the Company. This Release and the Agreement reflect the entire agreement of the parties, and supersede any prior oral or written
agreements related to the same subject matter, except that this Release does not extinguish any of Employee’s or Company’s
obligations under the Stock Option Agreements.


 


	By:   	  /s/Paul Genova	 	Date: June 30, 2017
	 	Paul Steven Genova	 	 


 


ACKNOWLEDGMENT


 


	STATE OF New Jersey	)
	 	:ss
	COUNTY OF	)


 


On this 30th day of June 2017 before me personally came Paul
Steven Genova known and identified to me known to be the person described herein, who executed the foregoing Separation Agreement
and General Release, duly acknowledging to me that he signed the same on his own free will, act and deed for the uses and purposes
therein mentioned.


 


IN WITNESS WHEREOF, I have hereunto set my hand and seal at
Parsippany, New Jersey on the day and year aforesaid.


 


	 	  /s/Rosalie Nystrand	 	 
	 	Notary Public	 	 




    	Page 16 of 19



    	



    

“ATTACHMENT B”



    	Page 17 of 19



    	



    

AMENDMENT
TO


STOCK OPTION AGREEMENTS


PURSUANT TO THE TERMS OF THE


AMENDED AND RESTATED 

WIRELESS TELECOM GROUP, INC. 2000 STOCK OPTION


 


THIS AMENDMENT is made and effective this
22nd day of May, 2017 (the “Effective Date”), by and between Wireless Telecom Group, Inc., a New Jersey corporation
(the “Company”), and Paul Steven Genova (the “Optionee”).


 


Background


 


 A. The Optionee was originally
granted options (the “Options”) to acquire shares of the Company common stock pursuant to the terms of the Amended
and Restated Wireless Telecom Group, Inc. 2000 Stock Option Plan (as amended, the “2000 Plan”).


 


 B. The Options are evidenced by
(i) the Stock Option Agreement, dated April 11, 2008, and (ii) the Stock Option Agreement, dated November 24, 2009, each executed
by both the Optionee and the Company ((i) and (ii) collectively, the “Awards”).


 


 D. The Committee (as defined in
the 2000 Plan) that administers the 2000 Plan has authorized this amendment to the Awards, pursuant to Section 21 of the 2000
Plan, for the purpose of extending the exercise provisions of the Awards in the event of termination of the Optionee’s employment
with the Company.


 


 E. The Optionee consents to the
amendment of the Awards as provided herein.


 


For good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, effective as of the Effective Date, the parties hereto
agree as follows:


 


 1. By deleting existing Section
1.8 of each Award in its entirety and by substituting therefor the following:


 


“1.8. “Expiration
Date” means the earliest of the following:


 


(a)  if Optionee shall
voluntarily terminate his employment with the Employer (other than as a result of his death any time), such Optionee shall have
the right to exercise the option as vested at that time, within sixty (60) days after such termination of employment; or


 


(b)  if Optionee’s
employment with the Employer shall be Involuntarily Terminated (other than as a result of his death any time), such Optionee shall
have the right to exercise the option as vested at that time, any time within sixty (60) days after such Involuntary Termination
of employment; or


 


(c)  if Optionee dies,
the date one (1) year after death; or



    	Page 18 of 19



    	



    

(d) the day before
the tenth (10th) anniversary of the Grant date.”


 


 2. All other terms of the Awards
shall remain in full force and effect, as reflected by the Awards, except to the extent amended hereby.


 


This
Amendment may be executed in counterparts, each of which shall be deemed an original, but all of which together shall be deemed
to be one and the same document. A signed copy of this Amendment delivered by facsimile, email or other means of electronic transmission
shall be deemed to have the same legal effect as delivery of an original signed copy of this Amendment.


 


IN WITNESS WHEREOF,
the parties have executed and sealed this Amendment as of the day and year first set forth above.


 


	 	WIRELESS TELECOM GROUP, INC.
	 	 	 
	 	By: /s/Timothy Whelan 

	 
	 	 	 
	 	Title: Chief Executive Officer 

	 
	 	 	 
	 	OPTIONEE:	 
	 	 	 
	 	/s/Paul Genova	 
	 	Paul Steven Genova	 



    	Page 19 of 19