Document:

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                                                                    EXHIBIT 10.2

March 12, 2003

Steven H. Jackman, Esq.
Vice President and Corporate Counsel
Sanmina-SCI Corporation
2700 North First Street
San Jose, CA 95134

              Re: Release of Obligation to Provide Inventory

Dear Steve:

Reference is made to (a) the Settlement Agreement and Mutual General Release
dated January 12, 2002, as amended as of February 7, 2003 (as amended, the
"Settlement Agreement") by and between Novatel Wireless, Inc. ("Novatel
Wireless") on the one hand, and Sanmina-SCI Corporation and Sanmina Canada ULC,
on the other (collectively "Sanmina") and (b) the Security Agreement dated as of
January 12, 2002 executed by Novatel Wireless in favor of Sanmina (the "Security
Agreement"). Novatel Wireless represents and warrants that (i) as of February
14, 2003, the outstanding balance of the Inventory Purchase Commitment was at
least $3,481,870.94(1); (ii) Sanmina has satisfied all of its Obligations under
the Settlement Agreement accruing prior to March 12, 2003 (the "Effective
Date"), including but not limited to the obligations of Sanmina set forth in
Section II.B thereto; (iii) as of the date of this letter, Sanmina is not in
breach or default of the Settlement Agreement; and (iv) it knows of no
circumstances which would (with the passage of time or otherwise) render Sanmina
in breach or default of the Settlement Agreement.

Novatel Wireless understands that (i) pursuant to a letter agreement of even
date (the "Side Letter"), Sanmina has entered into a transaction with certain
investors (the "Investors") pursuant to which the Investors will immediately
invest $1.2 million in Novatel Wireless in exchange for subordinated secured
notes (the "Initial Investment"), and purchase Sanmina's rights and assume
Sanmina's obligations under the Settlement Agreement at a substantial discount
(the "Transaction") and (ii) that, as a condition precedent to entering into the
Transaction, Sanmina has required Novatel Wireless (a) to consent to the
assignment of Sanmina's rights and delegation of Sanmina's duties under the
Settlement Agreement to the Investors and (b) to forever release Sanmina from
any and all obligations under the Settlement Agreement, including but not
limited to any obligation to deliver any Inventory (as that term is defined
under the Settlement Agreement) after the Effective Date. The Transaction is
conditioned in part upon Novatel Wireless' obtaining stockholder approval for
the acquisition by the Investors of up to $6.755

---------------------

(1) Novatel Wireless believes that it has made payments of $4,518,129.06 towards
the Inventory Purchase Commitment and that the amount of the Inventory Purchase
Commitment has been reduced to $3,481,870.94. Sanmina's counsel has agreed to
verify the payments made by Novatel Wireless towards its Inventory Purchase
Commitment and adjust the balance accordingly. In the event the Inventory
Balance is $3,481,870.94 (rather than the $3,505,000 shown on Sanmina's books),
then at the Closing of the Transaction, Sanmina shall pay to Novatel Wireless,
an amount equal to the difference (which amount will not exceed $17,000). The
parties each acknowledge that, at most, the balance of the Inventory Purchase
Commitment would be reduced from $3,505,000 to $3,481,870.94.

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million of Novatel Wireless' Series B Preferred Stock pursuant to a Securities
Purchase Agreement (the "Investment"). The Investment is expected to close in
July 2003 (the "Closing").

Novatel Wireless acknowledges that Sanmina's obligations to consummate the
Transaction are conditioned on, among other things, Novatel's releasing Sanmina
from any obligation it has under the Settlement Agreement to further deliver any
Inventory. Novatel has reasonably concluded, and now hereby acknowledges, that
the Inventory which has yet to be delivered to Novatel under the Settlement
Agreement (the "Remaining Inventory") is now old and obsolete and has only
marginal value. In addition, Novatel Wireless realizes that, by the time it
would be required under the Settlement Agreement to purchase the Remaining
Inventory, its value would decrease even more. Accordingly, Novatel Wireless, on
behalf of itself, and, anyone or any entity that can claim by or through it,
hereby releases and forever discharges Sanmina, including Sanmina's divisions,
affiliates, parents, and subsidiaries, and past and present directors, officers,
shareholders, agents, servants, employees, representatives, assigns, heirs,
administrators, attorneys, insurers, and lenders, from any and all claims,
demands, and causes of action, obligations, damages and liabilities whether
known or unknown in any way connected with any transactions, affairs or
occurrences between Novatel Wireless and Sanmina to date, of every nature, kind
and description, in law, equity or otherwise, which have arisen, occurred or
existed at any time prior to the signing of this Agreement, including but not
limited to any obligations under the Settlement Agreement to provide any
Remaining Inventory to Novatel Wireless.

Novatel Wireless acknowledges and agrees that they have been informed of the
provisions of California Civil Code Section 1542, and do hereby expressly waive
and relinquish all rights and benefits that they have or may have had under that
statute, which reads as follows:

                  A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR
                  DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF
                  EXECUTION OF THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE
                  MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR.

Novatel Wireless acknowledges the significance and consequences of such specific
waiver of Section 1542, and hereby assume full responsibility for any damages or
losses it may incur as a result of the execution of this Agreement

In addition to the $165,000 payment required to be made on March 10, 2003,
Novatel Wireless agrees that, within twenty-four hours of the receipt of the
Initial Investment, it will pay Sanmina an additional $110,000, for a total
payment of $275,000. The $110,000 payment will be allocated as follows: (i)
$40,000 will be treated as Novatel Wireless's obligation under Section
II.A(4)(j) of the Settlement (relating to Financing Payments) and (ii) the
remaining $70,000 will be treated as a prepayment of the payment due on March
24, 2003. Sanmina hereby agrees that upon receipt of the $275,000 from Novatel
Wireless, the payment of the Initial Investment to Novatel Wireless and the
execution by the Investors of the Side Letter, it shall grant Novatel Wireless'
a forbearance from Novatel Wireless' obligation to make further payments to
Sanmina pursuant to the Settlement Agreement (as limited only by the following
provisos); provided, however, that if either (i) the Transaction has not been
consummated by August 1, 2003 (as such date may be extended pursuant to the Side
Letter) and Novatel Wireless has not raised debt or equity proceeds and made
payments to Sanmina as set forth in Section II.A.4(n) of the Settlement
Agreement or (ii) the Investors declare a default or event of default under any
agreement between Novatel Wireless and the Investors, including but not limited
to the notes used in connection with the

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Initial Investment, and accelerate the repayment of any amounts which Novatel
Wireless owes the Investors, then in each case the Covered Obligations (as
defined in the Security Agreement) shall become immediately due and payable, and
Novatel Wireless and Sanmina agree that Section II.A.4 of the Settlement
Agreement is hereby amended to require payment from Novatel Wireless in
accordance with this proviso; and provided further, that payment obligations
under Sections II.A.4(l), II.A.4(m), II.A.4(o), II.A.4(p), and II.A.4(q) and, in
the case of Section II.A.4(m) and II.A.4(q) as modified by the Side Letter to
the extent the Side Letter has not been terminated, shall remain in effect
subject to the conditions set forth therein.

For avoidance of doubt, the forbearance granted by Sanmina to Novatel Wireless
pursuant to this letter agreement shall terminate and be of no further effect on
August 1, 2003 (unless the termination date of the Side Letter has been
extended, in which case the termination of such forbearance period will
terminate on such later termination date of the Side Letter), and Sanmina may at
such time enforce all of its rights and remedies under the Settlement Agreement
and Security Agreement and any other agreements, documents or instruments
related thereto, including, but not limited to, its right to accelerate the
obligations thereunder in the event that Novatel Wireless has not raised at
least $5,000,000 in gross equity or debt proceeds by July 31, 2003 and paid
Sanmina at least $3,000,000 during 2003.

Novatel Wireless hereby consents to the assignment of Sanmina's rights under the
Settlement Agreement and delegation of Sanmina's obligations under the
Settlement Agreement to the Investors at Closing. By consenting to the
assignment, Novatel Wireless again acknowledges that Sanmina-SCI is released
from any obligations accruing on or after the Effective Date, including any
obligation on the part of Sanmina to provide Novatel Wireless with any
Inventory.

In addition to the foregoing, Novatel Wireless acknowledges that it has read the
Side Letter and, to the extent applicable and/or required consents to and agrees
to be bound by provisions set forth therein.

This letter shall be construed in accordance with, and be deemed governed by,
the laws of the State of California without regard to principles of conflict of
laws. The parties acknowledge and agree that the state courts of Santa Clara
County, California and the federal courts located in the Northern District of
the State of California shall have exclusive jurisdiction and venue to
adjudicate any and all disputes arising out of or in connection with this
Agreement. The parties consent to the exercise by such courts of personal
jurisdiction over them and each party waives any objection it might otherwise
have to venue, personal jurisdiction, inconvenience of forum, and any similar or
related doctrine.

Novatel Wireless and Sanmina acknowledge that each has read this letter; that
each fully understands its rights, privileges and duties under this Agreement;
and that each enters into this Agreement freely and voluntarily. Each party
further acknowledges that each has had the opportunity to consult with any
attorney of its choice to explain the terms of this Agreement and the
consequences of signing it.

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If the foregoing accurately states your complete understanding with respect to
this matter, please so indicate by signing this letter and returning a signed
original to the Company.

Very truly yours,

NOVATEL WIRELESS, INC.

By:       /S/ Melvin L. Flowers
   ------------------------------
      Melvin L. Flowers

Its: Senior Vice President, Finance and
         Chief Financial Officer

SANMINA-SCI CORPORATION

By:  /S/ Steven H. Jackman
   -------------------------
      Steven H. Jackman

Its: Vice President and Corporate Counsel

SANMINA CANADA ULC

By: /S/ Steven H. Jackman
   --------------------------
     Steven H. Jackman

Its: Vice President and Corporate Counsel

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                                                                    EXHIBIT 10.3

                                    AMENDMENT
                                       TO
                 SETTLEMENT AGREEMENT AND MUTUAL GENERAL RELEASE

         This amendment ("Amendment") is entered into as of February 7, 2003
(the "Effective Date") by and between Novatel Wireless, Inc. ("Novatel
Wireless"), on the one hand, and Sanmina-SCI Corporation and Sanmina Canada ULC,
on the other hand (collectively, "Sanmina" and together with Novatel Wireless,
the "Parties"). The exhibits to this Amendment are hereby incorporated into and
made a part of this Amendment and this Amendment is hereby incorporated into,
made a part of, and shall be read in conjunction with the Agreement (as defined
below). Capitalized terms used herein but not defined herein shall have the
respective meanings ascribed to them in the Agreement.

                                       I.
                                    RECITALS

         WHEREAS, the Parties are party to that certain Settlement Agreement and
Mutual General Release dated January 12, 2002 (the "Agreement"); and

         WHEREAS, pursuant to Section II M of the Agreement, the Parties now
desire to amend and supplement the Agreement only to the extent expressly set
forth herein.

                                       II.
                                    AGREEMENT

         NOW, THEREFORE, in consideration of the foregoing recitals and the
mutual covenants and agreements contained herein and for good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
Parties agree as follows:

Section 1. The Inventory Period (as defined in Section II A 4 of the Agreement)
is hereby extended until March 30, 2004.

Section 2. Section II A 4(c) to the Agreement is hereby deleted in its entirety
and replaced with the following:

         Commencing on January 13, 2003 and continuing bi-weekly thereafter
         (January 27, 2003, February 10, 2003, etc.), subject to the provisions
         of Section 4(g), Novatel Wireless shall pay to Sanmina $125,000 (the
         "Base Payment") in satisfaction of the Inventory Purchase Commitment,
         provided that Novatel Wireless has not earlier satisfied the Inventory
         Purchase Commitment giving effect to any reductions then pending
         pursuant to Section 4(e) and provided further that Novatel Wireless
         shall have satisfied the Inventory Purchase Commitment prior to March
         30, 2004. In addition to the foregoing, until Novatel Wireless has
         received gross proceeds of at least $2,500,000 in additional capital
         from investors (the "First Tranche"), Novatel Wireless shall make an
         additional bi-weekly payment to Sanmina in the amount of $40,000 (the
         "Additional Payment"). For the avoidance of doubt, the obligation of
         Novatel Wireless to make an Additional Payment to Sanmina shall cease
         upon consummation of the First Tranche, provided however that in the
         event that Novatel Wireless has not received aggregate gross proceeds
         of at least $5,000,000 in additional

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         capital (including any amounts received in the First Tranche) by April
         30, 2003, then Novatel Wireless shall recommence making the Additional
         Payment to Sanmina until the earlier to occur of Novatel Wireless'
         receipt of such aggregate gross proceeds or Novatel Wireless'
         satisfaction of the Inventory Purchase Commitment.

Section 3. The following sections shall be added to the Agreement:

         Section II A 4 (j). Until such time as Novatel Wireless has satisfied
         all its obligations under this Agreement, Novatel Wireless shall pay to
         Sanmina an amount equal to 20% of the net proceeds that Novatel
         Wireless receives from any equity or other financing (a "Financing
         Payment") within five business days following the closing of such
         financing, it being agreed that draws by Novatel Wireless under its
         credit facility shall not trigger a Financing Payment. The dollar
         amount of all Additional Payments made to Sanmina prior to the subject
         financing shall reduce, dollar for dollar, the required amount of the
         applicable Financing Payment due to Sanmina, if any.

         Section II A 4 (k). In the event that Novatel Wireless' quarterly
         earnings before taking into account interest, taxes, depreciation and
         amoritization ("EBITDA") exceed $450,000, Novatel shall pay to Sanmina,
         within fifteen business days after the end of the fiscal quarter, an
         amount equal to 50% of the amount by which such quarterly EBITDA
         exceeds $450,000 (such payment, an "EBITDA Payment"). Any EBITDA
         Payment hereunder shall be in addition to Novatel Wireless' obligation
         to make Base Payments and Additional Payments to Sanmina.

         Section II A 4 (l). In the event that Novatel Wireless pays in cash or
         cash equivalents more than $140,000 total in any fiscal quarter toward
         satisfaction of the Preexisting Payables (as defined below) while any
         amounts remain due to Sanmina in respect of the Inventory Purchase
         Commitment, Novatel Wireless shall pay to Sanmina, within fifteen
         business days after the end of the fiscal quarter, an amount equal to
         100% of the dollar amounts paid in excess of $ 140,000 in satisfaction
         of the Preexisting Payables. "Preexisting Payables" means the Novatel
         Wireless accounts payable collectively listed on Exhibit A hereto. In
         the event that Novatel Wireless pays in cash or cash equivalents more
         than $100,000 total in any fiscal quarter toward satisfaction of the
         Preexisting Payables related to Latham & Watkins, Freshfields, and
         Steven Sherman ("Selected Payables") while any amounts remain due to
         Sanmina in respect of the Inventory Purchase Commitment, Novatel
         Wireless shall pay to Sanmina, within fifteen business days after the
         end of the fiscal quarter, an amount equal to 100% of the dollar
         amounts paid in excess of $100,000 in satisfaction of the Selected
         Payables.

         Section II A 4(m). In the event that in a given fiscal quarter, (i)
         Novatel Wireless' reported revenue is less than the "Cumulative YTD
         2003 Revenue Amounts Novatel Wireless Must Reach to Avoid 15% Trigger"
         set forth on Exhibit B hereto or (ii) Novatel Wireless believes (or
         makes any announcement) that its reported revenue will be less than the
         "Cumulative YTD 2003 Revenue Amounts Novatel Wireless Must Reach to
         Avoid 15% Trigger" set forth on Exhibit B hereto [(i) and (ii) above
         referred to as "Triggering Events,"] Novatel Wireless shall immediately
         increase the Base Payment, until the Inventory Purchase Commitment is
         paid in full, to the greater of $225,000 or 25% of the aggregate dollar
         amounts paid to other Novatel Wireless creditors during such biweekly
         period immediately preceding the Triggering Event excluding from such
         calculation amounts paid to Novatel Wireless employees and Novatel
         Wireless landlords.

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         Section II A 4(n). In the event that Novatel Wireless has not received
         at least $2,500,000 in gross equity or debt proceeds by March 31, 2003,
         and has not paid to Sanmina at least $2,000,000 during 2003 and prior
         to March 31, 2003, then Sanmina shall have the right to declare a
         default under the Agreement and any amounts then owing to Sanmina under
         the Agreement shall then become due and payable. In the event that
         Novatel Wireless has not received at least $5,000,000 in gross equity
         or debt proceeds by July 31, 2003, and Novatel Wireless has not paid to
         Sanmina during 2003 a total of $3,000,000, Sanmina shall have the right
         to declare a default under the Agreement and any amounts then owing to
         Sanmina under the Agreement shall then become due and payable.

         Section II A 4(o). In the event that Novatel Wireless increases in any
         given quarter the aggregate salaries of its employees by more than
         $50,000 over the aggregate salaries payable as of February 7, 2003 or
         in the event that Novatel Wireless awards employees cash bonuses in any
         given quarter that total (when combined with any salary increases in
         such quarter) more than $50,000, it shall, make an additional payment
         to Sanmina in an amount equal to 25% of the amounts paid in excess of
         $50,000.

         Section II A 4(p). In the event that (i) Silicon Valley Bank declares
         Novatel Wireless in default of its obligations under that certain loan
         agreement by and between Novatel Wireless and Silicon Valley Bank dated
         November 29, 2001, as amended (the "SVB Agreement") and such default is
         not cured or waived according to the terms of the SVB Agreement, or
         (ii) in the event the SVB Agreement is terminated for any reason and
         not replaced by another agreement (a) containing terms and conditions
         no more burdensome than the SVB Agreement and (b) requiring a cash
         outflow less than or equal to that required under the SVB Agreement or
         (iii) the credit line under the SVB Agreement is increased to more than
         $5,000,000, Sanmina shall have the right to accelerate all payments due
         hereunder.

         Section II A 4(q). In the event that Novatel Wireless pays Barney &
         Barney, Imperial Premium Finance or any other designated financing
         conduit (collectively "Barney & Barney"), on account of existing
         invoices more than 7 calendar days prior to the due date with respect
         to the amount invoiced, then Novatel Wireless shall pay to Sanmina an
         amount equal to 100% of the dollar amount of the applicable pre-paid
         Barney & Barney invoice.

Section 4. Commencing on the date hereof, Novatel Wireless shall begin to
provide to Sanmina (i) all monthly cash flow, P&L, balance sheets, sales
forecasts or other financial information which it provides to (i) its board of
directors, (ii) Silicon Valley bank, (iii) the SEC or (iv) other creditors.
Novatel Wireless shall advise Sanmina in the event it has reason to believe that
its actual sales in any given quarter will be less than 85% of the applicable
sales forecast set forth on Exhibit B hereto. In addition, Novatel shall provide
to Sanmina, within two business days of any request by Sanmina, such other
documents as Sanmina shall request to ensure compliance with this Agreement,
including but not limited to payroll information and accounts payable
information (aging reports).

Section 5. To the best knowledge of Novatel Wireless' knowledge following due
inquiry, as of the Effective Date, Novatel Wireless owes no amount of money to
any creditor, excluding Sanmina, other than as reflected in the aging schedule
attached hereto as Exhibit C.

Section 6. On the Effective Date, Novatel Wireless shall issue to Sanmina
warrants to purchase 150,000 shares of Novatel Wireless' common stock, $0.001
par value per share (the "Warrants").

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The Warrants shall expire on the fifth anniversary hereof and shall be
excersiseable as of the first anniversary hereof. The exercise price of the
Warrants shall be the five-day trailing average closing bid price on the
Effective Date of Novatel Wireless' common stock listed on The Nasdaq National
Market and the Warrants shall be exerciseable by means of a net exercise. The
form of the Warrants shall be attached hereto as Exhibit D. Novatel shall grant
Sanmina registration rights with respect to the shares of Common Stock issuable
upon exercise of the Warrants. Such registration rights shall be granted on the
same terms as those granted in conjunction with Novatel's current equity
financing transaction.

Section 7. Except as otherwise expressly set forth herein, the Agreement shall
remain in full force and effect. The Obligation, as amended, continues to be
secured by the property granted as security in the Agreement.

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In witness whereof, the authorized representatives of the Parties have executed
this Amendment on the date first set forth above.

NOVATEL WIRELESS, INC.

By:      /S/ Melvin L. Flowers
   ------------------------------------
       Melvin L. Flowers

Its: Senior Vice President, Finance and
        Chief Financial Officer

SANMINA-SCI CORPORATION

By:  /S/ Steven H. Jackman
   ------------------------------------
        Steven H. Jackman

Its: Vice President and Corporate Counsel

SANMINA CANADA ULC

By: /S/ Steven H. Jackman
   ------------------------------------
       Steven H. Jackman

Its: Vice President and Corporate Counsel

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                                    EXHIBIT A

                              Preexisting Payables

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                                    EXHIBIT B

                                    FORECAST

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                                    EXHIBIT C

                                 AGING SCHEDULE

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                                    EXHIBIT D

                                 FORM OF WARRANT

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