Document:

EX-10.1

 Exhibit 10.1 

BJ’S RESTAURANTS, INC. 

2005 EQUITY INCENTIVE PLAN 

PERFORMANCE STOCK UNIT AWARD CERTIFICATE 

THIS IS TO CERTIFY that BJ’s Restaurants, Inc., a California corporation (the “COMPANY”), has offered you (the “GRANTEE”) the right
to receive performance stock units (“PERFORMANCE STOCK UNITS” or “AWARD”) promulgated under the Company’s 2005 Equity Incentive Plan (the “PLAN”) on the terms set forth below. 

 

			
	Name of Grantee: 	  	 Address of Grantee:

 
 Total Target Number of Stock Units:  

Offer Grant Date:  
 Measurement
Period: Grant Fiscal Year plus Two Subsequent Fiscal Years 
 Vesting: Three Fiscal Years plus Achievement of Performance Goals 

Your total target number of Performance Stock Units will vest and become payable in shares of Common Stock based on the achievement of performance goals
established for the Measurement Period by the Compensation Committee of the Board of Directors of the Corporation (the “Committee”). Upon determination by the Committee of the performance goals for the Measurement Period, the goals shall
be communicated to you in writing. The actual number of stock units that vest and become payable based on performance during the Measurement Period may range from 0% to 150% of the number of Performance Stock Units. 

By your electronic authorization, you and the Company agree to be bound by all of the terms and conditions of the Performance Stock Unit Agreement, which is
attached hereto. By executing this Certificate, you hereby irrevocably elect to accept the Performance Stock Units rights granted pursuant to this Certificate and the related Performance Stock Unit Agreement and to receive the Award of Performance
Stock Units designated above subject to the terms of this Certificate, the Plan and the Award Agreement. 
  

			
	BJ’S RESTAURANTS, INC.
		
	By:	 	 
		 	Gregory A. Trojan, President and CEO

 BJ’S RESTAURANTS, INC. 

2005 EQUITY INCENTIVE PLAN 

PERFORMANCE STOCK UNIT AGREEMENT 

This Performance Stock Unit Agreement (this “AGREEMENT”), is made and entered into on the execution date of the Performance Stock
Unit Certificate to which it is attached (the “CERTIFICATE”), by and between BJ’s Restaurants, Inc., a California corporation (the “COMPANY”), and the Employee (“GRANTEE”) named in the Certificate. 

Pursuant to the BJ’s Restaurants, Inc. 2005 Equity Incentive Plan, as amended or restated from time to time (the “PLAN”), the
administrator of the Plan (the “ADMINISTRATOR”) has authorized the grant to Grantee of performance stock units (“PERFORMANCE STOCK UNITS” or “AWARD”), upon the terms and subject to the conditions set forth in this
Agreement and in the Plan. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Plan. 
 NOW,
THEREFORE, in consideration of the premises and the benefits to be derived from the mutual observance of the covenants and promises contained herein and other good and valuable consideration, the sufficiency of which is hereby acknowledged, the
parties hereto agree as follows: 
 1. BASIS FOR AWARD. This Award is made in accordance with Section 13 of the Plan. The Grantee hereby receives as of
the date hereof an Award of Performance Stock Units pursuant to the terms of this Agreement and the Certificate (the “GRANT”). 
 2. UNITS
AWARDED. 
 (a) The Company hereby awards to the Grantee, Performance Stock Units for the Hypothetical Number of Shares set forth in the
Certificate. Performance Stock Units are hypothetical Common Stock units having a value equal to the Fair Market Value of an identical number of shares of the Company’s Common Stock. Each restricted stock unit represents a right to receive one
share of Common Stock from the Company upon vesting as set forth in the Certificate. Until the Performance Stock Units have vested and the underlying shares of Common Stock are reflected as issued and outstanding on the Company’s stock ledger,
Grantee shall have none of the rights of a shareholder with respect to the shares of Common Stock underlying the Award. 
 (b) The Company
shall in accordance with the Plan establish and maintain a Performance Stock Unit Account for the Grantee, and such account shall be credited for the number of Performance Stock Units granted to the Grantee. The Performance Stock Unit Account shall
be credited for any securities or other property (including regular cash dividends) distributed by the Company in respect of its Common Stock. Any such property shall be subject to the same vesting schedule as the Performance Stock Units to which
they relate. 
 (c) Until the Performance Stock Units awarded to the Grantee shall have vested and become payable as specified in the
Certificate, the Performance Stock Units and any related securities, cash dividends or other property nominally credited to a Performance Stock Unit Account may not be sold, transferred, or otherwise disposed of and may not be pledged or otherwise
hypothecated. 
 3. VESTING. Subject to and contingent upon the achievement of the applicable Performance Goals established by the Committee with respect to
the Award, and subject to Grantee’s Active Status on the applicable vesting date, the Performance Stock Units shall vest in accordance with the vesting schedule set forth in the Certificate. Within a reasonable period of time following the end
of the Performance Period, the Committee shall determine, in accordance with the Performance Goals and related criteria and methodology established by the Committee for the Performance Period, the extent to which the Performance Goals have been
achieved and the actual number of Performance Stock Units becoming vested based on performance during the Performance Period (“PERFORMANCE CERTIFICATION”). Except as may be specifically provided in the Plan or in the Certificate, if the
Grantee ceases Active Status for any reason, the unvested Performance Stock Units shall be forfeited and cancelled immediately. Active Status for only a portion of the applicable vesting period, even if a substantial portion, will not entitle the
Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment as described under the Plan. 

  
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 4. CONVERSION OF UNITS AND ISSUANCE OF SHARES. Subject to the achievement of the applicable Performance Goals,
upon each vesting date, one (1) share of Common Stock shall become issuable for each Performance Stock Unit that vests on such date. As soon as practicable after the applicable vesting date, upon satisfaction of any tax withholding obligations,
the Company will transfer to Grantee the number of shares of Common Stock with respect to which the restrictions have lapsed. Notwithstanding anything to the contrary contained herein, the vesting date for Performance Stock Units shall be no earlier
than the date of the Performance Certification. The Administrator shall cause a stock certificate to be delivered to the Grantee with respect to such shares free of all restrictions hereunder, except for applicable federal securities laws
restrictions. 
 5. COMPLIANCE WITH LAWS AND REGULATIONS. The issuance of Shares upon vesting of the Performance Stock Units shall be subject to compliance
by the Company and the Grantee with all applicable requirements of securities laws, other applicable laws and regulations of any stock exchange or interdealer quotation system on which the Common Stock may be listed at the time of such issuance or
transfer. The Grantee understands that the Company is under no obligation to register or qualify the Shares with the Securities and Exchange Commission (“SEC”), any state securities commission or any stock exchange to effect such
compliance. 
 6. TAX WITHHOLDING. The Grantee agrees that no later than the date as of which the Performance Stock Units vest, the Grantee shall pay to the
Company (in cash or to the extent permitted by the Administrator, Shares held by the Grantee whose Fair Market Value on the day preceding the date the Performance Stock Units vests is equal to the amount of the Grantee’s tax withholding
liability) any federal, state or local taxes of any kind required by law to be withheld, if any, with respect to the Performance Stock Units for which the restrictions shall lapse (except that withholding of applicable income taxes will be deferred
until delivery of such the shares of Common Stock underlying such Performance Stock Units if Grantee elected to receive such shares at a time subsequent to vesting in accordance with the terms of the Certificate). Alternatively, the Company or its
Affiliates shall, to the extent permitted by law, have the right to deduct from any payment of any kind otherwise due to the Grantee (including payments due when the Performance Stock Units vest) any federal, state or local taxes of any kind
required by law to be withheld with respect to the shares of Performance Stock Units. 
 7. SECTION 409A LIMITATION. It is the parties intention that this
arrangement comply with Internal Revenue Code Section 409A. In the event the Administrator determines at any time that this Performance Stock Unit constitutes “nonqualified deferred compensation” within the meaning of
Section 409A of the Code, notwithstanding any provision of the Plan or this Agreement to the contrary, the Award shall satisfy the additional conditions applicable to nonqualified deferred compensation under Section 409A of the Code.
Therefore, unless the parties explicitly agree that this provision is inapplicable, notwithstanding anything to the contrary in this or any other agreement: 

(a) A deferral election or second election or change in the time or form of benefit payments that would violate Section 409A shall have no
legal effect, and the Grantee shall have the right to receive the amount (and will be taxable on it) as if it had been paid when it would have been paid absent the illegal election. The Grantee promises to repay, with interest at the applicable
federal rate, any amount paid prior to the specified Payment Date in violation of Section 409A. 
 (b) If the Company mistakenly defers
more than the Grantee elected, the excess amount deferred shall be a non-elective Company deferral payable at the time and in the manner as the elected deferral. The Grantee hereby authorizes withholding the mistaken amount from his or her Award.

 (c) If the Company mistakenly defers less than the Grantee elected, the deficiency shall be credited to the employee as soon as
discovered. The Grantee’s Award thereafter shall be reduced (without adverse consequences to the employer) in a reasonable way specified by the Company to offset the cost of correcting the deficiency. 

(d) In lieu of the foregoing, the employer unilaterally may take any other steps that will prevent any of the errors described above from
violating Section 409A. 
 (e) Notwithstanding the foregoing, the Company shall have no liability to any Participant or any other person
if the terms of this Award do not satisfy the additional conditions applicable to nonqualified deferred compensation under Section 409A of the Code and Section 8 of the Plan. 

  
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 8. NONTRANSFERABILITY. Neither the Award, nor any interest therein or amount of shares payable in respect
thereof, may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily prior to vesting except as may be specifically permitted pursuant to Section 7(e) of the Plan. 

9. NO RIGHT TO CONTINUED SERVICE. Nothing in this Agreement shall be deemed by implication or otherwise to impose any limitation on any right of the Company
or any of its Affiliates to terminate the Grantee’s Active Status at any time, in the absence of a specific written agreement to the contrary. 
 10.
REPRESENTATIONS AND WARRANTIES OF GRANTEE. The Grantee represents and warrants to the Company that: 
 (a) Agrees to Terms of the Plan. The Grantee has
received a copy of the Plan and has read and understands the terms of the Plan and this Agreement, and agrees to be bound by their terms and conditions. The Grantee acknowledges that there may be adverse tax consequences upon the vesting of
Performance Stock Units or thereafter if the Award is paid and the Grantee later disposes of the Shares, and that the Grantee should consult a tax advisor prior to such time. 

(b) Cooperation. The Grantee agrees to sign such additional documentation as may reasonably be required from time to time by the Company. 

11. ADJUSTMENT UPON CHANGES IN CAPITALIZATION. In the event of a change in capitalization of the Company as a result of events of the type described in
Section 5 of the Plan, the Administrator may make appropriate adjustments to the number and class of shares relating to the Performance Stock Units as it deems appropriate, in its sole discretion, to preserve the value of this Award. The
Administrator’s adjustment shall be made in accordance with the provisions of Section 5 of the Plan and shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement. 

12. GOVERNING LAW; MODIFICATION. This Agreement shall be governed by the laws of the State of California without regard to the conflict of law principles. The
Agreement may not be modified except in writing signed by both parties. 
 13. DEFINED TERMS. Except as otherwise provided herein, or unless the context
clearly indicates otherwise, capitalized terms used but not defined herein have the definitions as provided in the Plan. The terms and provisions of the Plan are incorporated herein by reference, and the Grantee hereby acknowledges receiving a copy
of the Plan. In the event of a conflict or inconsistency between the discretionary terms and provisions of the Plan and the provisions of this Agreement, the Plan shall govern and control. 

14. SUCCESSORS AND ASSIGNS. The Company may assign any of its rights under this Agreement. This Agreement shall be binding upon and inure to the benefit of
the successors and assigns of the Company. Sujbect to the restrictions on transfer set forth herein, this Agreement shall be binding upon Grantee and Grantee’s heirs, executors, administrators, legal representatives, successors and assigns.

 15. INTERPRETATION. Any dispute regarding the interpretation of this Agreement shall be submitted by Grantee or the Company to the Administrator for
review. The resolution of such a dispute by the Administrator shall be final and binding on the Company and Grantee. 
 16. MISCELLANEOUS. The masculine
pronoun shall be deemed to include the feminine, and the singular number shall be deemed to include the plural unless a different meaning is plainly required by the context. 

  
 4EX-10.1

 Exhibit 10.1 

Novatel Wireless, Inc. 
 9645
Scranton Road 
 Suite 205 
 San
Diego, CA 92121 
 April 29, 2014 
 Novatel Shareholders
for Change 
 c/o Cobb H. Sadler 
 Catamount Strategic Advisors
LLC 
 101 California Street, 41st Floor 

San Francisco, CA 94111 
 Gentlemen: 

This letter (this “Agreement”) constitutes the agreement between Novatel Wireless, Inc., a Delaware corporation (the
“Company”), and each of Cobb H. Sadler (“Sadler”), Edward T. Shadek (“Shadek”), Robert Ellsworth (“Ellsworth”), Alex Mashinsky
(“Mashinsky”), Richard A. Karp (“Karp”), Maguire Financial, LP, a Delaware limited partnership (the “Maguire Fund”), Maguire Asset Management, LLC, a Delaware limited liability
company (“Maguire Asset Management”), and Timothy Maguire (together with Sadler, Shadek, Ellsworth, Mashinsky, Karp, the Maguire Fund and Maguire Asset Management, the “Investors”), with respect to the
matters set forth below. 
  

	1.	Effective upon the execution and delivery of this Agreement by each of the parties hereto, the Board of Directors of the Company (the “Board”) shall (i) resolve, in accordance with
Section 3.2 of the Bylaws of the Company (the “Bylaws”), to increase the number of directors constituting the entire Board to eight (8), (ii) appoint Karp as a director of the Company and a member of the class of
directors of the Company whose terms expire at the 2014 annual meeting of stockholders (the “2014 Annual Meeting”) and (iii) appoint Mashinsky as a director of the Company and a member of the class of directors of the
Company whose terms expire at the 2015 annual meeting of stockholders. 

  

	2.	The Nominating and Corporate Governance Committee of the Board will recommend that the Board nominate, and the Board has agreed to nominate, Karp for election as a director of the Company at the 2014 Annual Meeting. In
addition to Karp, the Board shall also nominate not more than one (1) other director for re-election at the 2014 Meeting (such director, together with Karp, the “Company Nominees”). The Company agrees that, from and
after the 2014 Annual Meeting, during the term of this Agreement, the size of the Board shall not exceed seven (7) directors and the Board shall resolve, in accordance with Section 3.2 of the Bylaws, effective upon the conclusion of the
2014 Annual Meeting, to decrease the number of directors constituting the entire Board to seven (7). 

	3.	Each of Mashinsky and Karp shall agree in writing, during the term of any service as a director of the Company, (i) to comply with all policies, procedures, processes, codes, rules, standards and guidelines
applicable to members of the Board, including, without limitation, the Company’s code of conduct, insider trading policy, and corporate governance guidelines and (ii) to keep confidential and not disclose discussions and matters considered
in meetings of the Board and Board committees, unless previously disclosed publicly by the Company. Each of Mashinsky and Karp agrees that he shall withdraw from the group previously formed by the Investors, effective no later than immediately prior
to the execution and delivery of this Agreement. 

  

	4.	The Company shall use its reasonable best efforts to hold the 2014 Annual Meeting no later than June 30, 2014. 

  

	5.	In connection with the 2014 Annual Meeting, (i) the Company will recommend that the Company’s stockholders vote in favor of the election of each of the Company Nominees, solicit proxies for each of the Company
Nominees, and cause all Voting Securities represented by proxies granted to it (or any of its officers, directors or representatives) to be voted in favor of each of the Company Nominees and (ii) the Investors will vote or cause to be voted all
Voting Securities beneficially owned by them on the record date for the 2014 Annual Meeting (x) in favor of each of the Company Nominees and (y) in accordance with the Board’s recommendation with respect to each other matter, unless
Institutional Shareholder Services Inc. (“ISS”) recommends against such matter, in which case the Investors shall be permitted to vote in accordance with ISS’ recommendation. 

 

	6.	Effective upon the execution and delivery of this Agreement, (i) the Company is separating the positions of Chairman of the Board and Chief Executive Officer, (ii) the Company is appointing Sue Swenson as
independent Chairman of the Board and (iii) the Chief Executive Officer of the Company has agreed irrevocably to waive all rights under Section 2.6 of the Employment Agreement, dated November 2, 2007, by and between the Chief
Executive Officer and the Company (the “Employment Agreement”) that would otherwise arise by reason of the Chief Executive Officer no longer serving as Chairman of the Board (it being understood that in all other respects the
Employment Agreement shall remain in effect without modification or waiver). 

  

	7.	Effect upon completion of the 2014 Annual Meeting, the Company will take all action necessary in furtherance of the appointment of each of Karp and Mashinsky as a member of any of the following Committees of the Board:
the Compensation Committee; the Nominating and Corporate Governance Committee; and the Audit Committee. For the avoidance of doubt, (x) the Company shall not be obligated to appoint either candidate to more than one of such committees,
(y) the Company may appoint each of Karp and Mashinsky to a different committee, and (z) it shall be a condition to the appointment of either candidate to a particular committee that the candidate meets the membership eligibility
requirements for the relevant committee established by (i) the Company’s publicly disclosed corporate governance documents, (ii) the SEC and (iii) the NASDAQ. 

  
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	8.	On or prior to 6:30 a.m., Pacific time, on the date following the execution of this Agreement, the Company and the Investors will make a public announcement in the form attached as Exhibit A (the “Press
Release”). None of the Investors nor any of their Affiliates or Associates shall make any public statement regarding the subject matter of this Agreement or the matters set forth in Exhibit A prior to the issuance of the Press Release.
Other than the Press Release and the filing of an amendment to the Schedule 13D previously filed by the Investors attaching this Agreement as an exhibit to the Schedule 13D, none of the Investors nor any of their Affiliates or Associates shall make
any public statement regarding the subject matter of this Agreement prior to the 2014 Annual Meeting. 

  

	9.	From the date of this Agreement to the Expiration Date (the “Restricted Period”), none of the Investors shall, and each Investor shall cause its respective Affiliates and Associates and its and
their respective principals, directors, general partners, officers, employees, and agents and representatives acting on its behalf not to, in any way, directly or indirectly: 

(a) engage in any “solicitation” (as such term is used in the proxy rules of the Securities and Exchange Commission
(the “SEC”) of proxies or consents with respect to the election or removal of directors or any other matter or proposal or become a “participant” (as such term is used in the proxy rules of the SEC) in any such
solicitation of proxies or consents; 
 (b) form or join or in any way participate in any “group” as defined
pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), with respect to any Voting Securities, other than the group formed by the Investors prior to the date of this Agreement
(the “Existing Group”); provided that one or more Investors may at any time cease to be members of the Existing Group; 

(c) acquire or offer, seek or agree to acquire, by purchase or otherwise, or direct any third party in the acquisition of, any
Voting Securities or assets or rights or options to acquire any Voting Securities or assets of the Company or engage in any swap or hedging transactions or other derivative agreements of any nature with respect to Voting Securities, if such
acquisition or transaction would result in the Investors having beneficial ownership of more than 15% of the voting power of the Voting Securities or economic exposure to more than 15% of the Voting Securities; 

(d) make or in any way participate as an offerer (as such term is defined in Schedule TO under the Exchange Act), directly or
indirectly, in any tender offer, exchange offer, merger, business combination, recapitalization, restructuring, liquidation, dissolution or extraordinary transaction involving the Company or its securities or assets (it being understood that the
foregoing shall not restrict the Investors from tendering shares, receiving payment for shares or otherwise participating in any such transaction on the same basis as other stockholders of the Company); or make, or support any third party in making,
any proposal, either alone or in concert with others, to the Company or the Board that would reasonably be expected to require the Company to make a public announcement regarding any of the types of matters set forth above in this paragraph; 

  
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 (e) enter into a voting trust, arrangement or agreement or subject any Voting
Securities to any voting trust, arrangement or agreement, in each case other than solely with other Investors or other Affiliates of any of the Investors, with respect to Voting Securities now or hereafter owned by them; 

(f) (i) seek, alone or in concert with others, election or appointment to, or representation on, the Board or nominate or
propose the nomination of, or recommend the nomination of, any candidate to the Board or (ii) seek, alone or in concert with others, the removal of any member of the Board; 

(g) make any proposal for consideration by the Company’s stockholders at any annual or special meeting of stockholders of
the Company; 
 (h) seek, alone or in concert with others, representation on the Board except as contemplated by this
Agreement; or 
 (i) make any request or submit any proposal to amend the terms of this Agreement. 

 

	10.	Notwithstanding the foregoing, during the Restricted Period, the Investors and their respective Affiliates may communicate privately with the Company’s (i) directors, (ii) Chief Executive Officer, Chief
Financial Officer or General Counsel or (iii) advisors at Wilson Sonsini Goodrich & Rosati, Professional Corporation, but only so long as such private communications are not intended to, and would not reasonably be expected to, require
any public disclosure thereof. 

  

	11.	During the Restricted Period, the Company and each of the Investors shall refrain from making, and shall cause their respective Affiliates and Associates and its and their respective principals, directors, stockholders,
members, general partners, officers and employees not to make, any statement or announcement that constitutes an ad hominem attack on, or that otherwise disparages, impugns or is reasonably likely to damage the reputation of, (a) in the case of
statements or announcements by any of the Investors, the Company or any of its Affiliates or subsidiaries or any of its or their respective officers, directors or employees or any person who has served as an officer, director or employee of the
Company or any of its Affiliates or subsidiaries, (b) in the case of statements or announcements by the Company, any of the Investors and the Investors’ advisors, principals, directors, stockholders, members, general partners, officers and
employees or any person who has served as an advisor, principal, director, stockholder, member, general partner, officer or employee of any of the Investors. The foregoing shall not (i) prevent the Investors from engaging in any communications
permitted by Paragraph 10 or (ii) restrict the ability of any party to comply with any subpoena or other legal process or respond to a request for information from any governmental authority with jurisdiction over the party from whom
information is sought. 

  

	12.	The Company shall reimburse the Investors for their reasonable, documented out-of-pocket legal and other advisory fees and expenses incurred in connection with the negotiation and execution of this Agreement, provided
that such reimbursement shall not exceed seventy five thousand dollars ($75,000.00) in the aggregate. 

  
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	13.	As used in this Agreement, the term (a) “Person” shall be interpreted broadly to include, among others, any individual, general or limited partnership, corporation, limited liability or
unlimited liability company, joint venture, estate, trust, group, association or other entity of any kind or structure; (b) “Affiliate” shall have the meaning set forth in Rule 12b-2 promulgated under the Exchange Act
and shall include Persons who become Affiliates of any Person subsequent to the date of this Agreement; (c) “Associate” shall have the meaning set forth in Rule 12b-2 promulgated under the Exchange Act and shall include
Persons who become Associates of any Person subsequent to the date of this Agreement; (d) “Voting Securities” shall mean the shares of the Common Stock and any other securities of the Company entitled to vote in the
election of directors, or securities convertible into, or exercisable or exchangeable for, such shares or other securities, whether or not subject to the passage of time or other contingencies; (e) “business day” shall
mean any day other than a Saturday, Sunday or a day on which the Federal Reserve Bank of San Francisco is closed; (f) “beneficially own”, “beneficially owned” and “beneficial
ownership” shall have the meaning set forth in Rule 13d-3 promulgated under the Exchange Act; and (g) “Expiration Date” means the earlier to occur of (i) the date that is 30 days prior to the last date
pursuant to which stockholder nominations for director elections are permitted pursuant to the Bylaws with respect to the Company’s 2015 annual meeting of stockholders and (ii) the date that is one hundred (100) days prior to the
first anniversary of the 2014 Annual Meeting. 

  

	14.	Each of the Investors, severally and not jointly, represents and warrants that (a) this Agreement has been duly authorized, executed and delivered by it and is a valid and binding obligation of such Investor,
enforceable against it in accordance with its terms; (b) as of the date of this Agreement, it is the beneficial owner of the Voting Securities set forth opposite the name of such Investor on Exhibit B hereto; (c) as of the date of this
Agreement, none of such Investor and its Affiliates is a party to any swap or hedging transactions or other derivative agreements of any nature with respect to the Voting Securities; and (d) none of the Investors has, directly or indirectly,
compensated or agreed to, and will not, compensate Mashinsky or Karp for their service as a nominee or director of the Company with any cash, securities (including any rights or options convertible into or exercisable for or exchangeable into
securities or any profit sharing agreement or arrangement), or other form of compensation directly or indirectly related to the Company or its securities, other than cash compensation, if any, which compensation has been previously disclosed to the
Company and has been paid in full prior to the date hereof. 

  

	15.	 The Company represents and warrants that (a) this Agreement has been duly authorized, executed and delivered by it and is a valid and binding
obligation of the Company, enforceable against the Company in accordance with its terms; (b) does not require the approval of the stockholders of the Company; and (c) does not and will not violate any law, any order of any court or other
agency of government, the Company’s Certificate of Incorporation or Bylaws, each as amended from time to time, or any provision of any agreement or other instrument to which the Company or any of its properties or assets is bound, or conflict
with, result in a breach of or constitute (with due notice or lapse of time or 

  
 -5- 

	 	
both) a default under any such agreement or other instrument, or result in the creation or imposition of, or give rise to, any material lien, charge, restriction, claim, encumbrance or adverse
penalty of any nature whatsoever pursuant to any such indenture, agreement or other instrument. 

  

	16.	The Company and each of the Investors acknowledge and agree that money damages would not be a sufficient remedy for any breach (or threatened breach) of this Agreement by it and that, in the event of any breach or
threatened breach hereof, (a) the non-breaching party will be entitled to injunctive and other equitable relief, without proof of actual damages; (b) the breaching party will not plead in defense thereto that there would be an adequate
remedy at law; and (c) the breaching party agrees to waive any applicable right or requirement that a bond be posted by the non-breaching party. Such remedies will not be the exclusive remedies for a breach of this Agreement, but will be in
addition to all other remedies available at law or in equity. 

  

	17.	This Agreement constitutes the only agreement between the Investors and the Company with respect to the subject matter hereof and supersedes all prior agreements, understandings, negotiations and discussions, whether
oral or written. This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns. No party may assign or otherwise transfer either this Agreement or any of its rights, interests, or
obligations hereunder without the prior written approval of the other parties. Any purported transfer requiring consent without such consent shall be void. No amendment, modification, supplement or waiver of any provision of this Agreement shall be
effective unless it is in writing and signed by the party affected thereby, and then only in the specific instance and for the specific purpose stated therein. Any waiver by any party of a breach of any provision of this Agreement shall not operate
as or be construed to be a waiver of any other breach of such provision or of any breach of any other provision of this Agreement. The failure of a party to insist upon strict adherence to any term of this Agreement on one or more occasions shall
not be considered a waiver or deprive that party of the right thereafter to insist upon strict adherence to that term or any other term of this Agreement. 

  

	18.	If any provision of this Agreement is held invalid or unenforceable by any court of competent jurisdiction, the other provisions of this Agreement shall remain in full force and effect. Any provision of this Agreement
held invalid or unenforceable only in part or degree shall remain in full force and effect to the extent not held invalid or unenforceable. The parties further agree to replace such invalid or unenforceable provision of this Agreement with a valid
and enforceable provision that will achieve, to the extent possible, the purposes of such invalid or unenforceable provision. 

  

	19.	 This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware. Each of the Investors and the Company
(a) irrevocably and unconditionally consents to the personal jurisdiction and venue of the federal or state courts located in Wilmington, Delaware; (b) agrees that it shall not attempt to deny or defeat such personal jurisdiction by motion
or other request for leave from any such court; (c) agrees that it shall not bring any action relating to this Agreement or otherwise in any court other than such courts; and (d) waives any claim of improper venue or any claim that those
courts are an 

  
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inconvenient forum. The parties agree that mailing of process or other papers in connection with any such action or proceeding in the manner provided in Paragraph 21 or in such other manner
as may be permitted by applicable law, shall be valid and sufficient service thereof. Each of the parties, after consulting or having had the opportunity to consult with counsel, knowingly, voluntarily and intentionally waives any right that such
party may have to a trial by jury in any litigation based upon or arising out of this Agreement or any related instrument or agreement, or any of the transactions contemplated thereby, or any course of conduct, dealing, statements (whether oral or
written), or actions of any of them. No party shall seek to consolidate, by counterclaim or otherwise, any action in which a jury trial has been waived with any other action in which a jury trial cannot be or has not been waived. 

 

	20.	This Agreement is solely for the benefit of the parties and is not enforceable by any other Person. 

  

	21.	All notices, consents, requests, instructions, approvals and other communications provided for herein, and all legal process in regard hereto, will be in writing and will be deemed validly given, made or served when
delivered in person, by electronic mail, by overnight courier or two business days after being sent by registered or certified mail (postage prepaid, return receipt requested) as follows: 

If to the Company to: 
 Novatel
Wireless, Inc. 
 9645 Scranton Road 

Suite 205 
 San Diego, CA 92121

 Attn: Catherine Ratcliffe 

email: cratcliffe@nvtl.com 
 with
a copy (which shall not constitute notice) to: 
 Wilson Sonsini Goodrich & Rosati 

Professional Corporation 
 1301
Avenue of the Americas, 40th Floor 
 New York, NY 10019 

Attn: Warren S. de Wied 
 email:
wdewied@wsgr.com 
 If to the Investors: 

c/o Cobb H. Sadler 
 Catamount
Strategic Advisors LLC 
 101 California Street, 41st Floor 

San Francisco, CA 94111 
 email:
cobb@catamountllc.com 

  
 -7- 

 with a copy (which shall not constitute notice) to: 

Olshan Frome Wolosky LLP 
 Park
Avenue Tower 
 65 East 55th Street 

New York, New York 10022 
 Attn:
Steve Wolosky 
             Andrew Freedman 

email: swolosky@olshanlaw.com 

            afreedman@olshanlaw.com 

At any time, any party may, by notice given in accordance with this paragraph to the other parties, provide updated information for notices
hereunder. 
  

	22.	Each of the parties acknowledges that it has been represented by counsel of its choice throughout all negotiations that have preceded the execution of this Agreement, and that it has executed this Agreement with the
advice of such counsel. Each party and its counsel cooperated and participated in the drafting and preparation of this Agreement, and any and all drafts relating thereto exchanged among the parties shall be deemed the work product of all of the
parties and may not be construed against any party by reason of its drafting or preparation. Accordingly, any rule of law or any legal decision that would require interpretation of any ambiguities in this Agreement against any party that drafted or
prepared it is of no application and is hereby expressly waived by each of the parties, and any controversy over interpretations of this Agreement shall be decided without regard to events of drafting or preparation. 

 

	23.	This Agreement may be executed by the parties in separate counterparts (including by fax, .jpeg, .gif, .bmp and .pdf), each of which when so executed shall be an original, but all such counterparts shall together
constitute one and the same instrument. 

 [Signature pages follow.] 

  
 -8- 

 If the terms of this Agreement are in accordance with your understanding, please sign below,
whereupon this Agreement shall constitute a binding agreement among us. 
  

			
	Very truly yours,
	
	NOVATEL WIRELESS, INC.
		
	By:	 	  

	Name:	 	
	Title:	 	

 Accepted and agreed to as of the date first written above: 

 

	
	  

	Cobb H. Sadler
	
	  

	Edward T. Shadek
	
	  

	Robert Ellsworth
	
	  

	Alex Mashinsky
	
	  

	Richard A. Karp

  

			
	Maguire Financial, LP
	
	By Maguire Asset Management, LLC, its general partner
		
	By:	 	  

	Name:	 	
	Title:	 	

 [Signature Page to Letter Agreement] 

			
	Maguire Asset Management, LLC
		
	By:	 	  

	Name:	 	
	Title:	 	

  

			
	  
 Timothy
Maguire

 [Signature Page to Letter Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00230-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00230-of-00352.parquet"}]]