Document:

EX-10.1

 Exhibit 10.1 
  

 
 CONTRIBUTION AGREEMENT 

by and between 
 NOVATEL
WIRELESS, INC. 
 and 

INSEEGO CORP. 
 dated as of

 November 8, 2016 
  

 
  
  

 TABLE OF CONTENTS 

 

									
		
	 ARTICLE I DEFINITIONS
	  	 	1	  
		
	ARTICLE II PURCHASE AND SALE; CLOSING	  	 	6	  
				
		 	Section 2.01	 	 Closing
	  	 	6	  
		 	Section 2.02	 	 Purchase and Sale of Assets; Assumption of Liabilities
	  	 	6	  
		 	Section 2.03	 	 Consideration
	  	 	7	  
		 	Section 2.04	 	 Closing Deliverables
	  	 	7	  
		
	ARTICLE III REPRESENTATIONS AND WARRANTIES OF TRANSFEROR	  	 	8	  
				
		 	Section 3.01	 	 Organization and Authority of Transferor; Enforceability
	  	 	8	  
		 	Section 3.02	 	 Brokers
	  	 	8	  
		
	ARTICLE IV REPRESENTATIONS AND WARRANTIES OF TRANSFEREE	  	 	9	  
				
		 	Section 4.01	 	 Organization and Authority of Transferee; Enforceability
	  	 	9	  
		 	Section 4.02	 	 Brokers
	  	 	9	  
		
	ARTICLE V COVENANTS	  	 	9	  
				
		 	Section 5.01	 	 Assignment of Contracts and Rights
	  	 	9	  
		 	Section 5.02	 	 Real Property
	  	 	11	  
		 	Section 5.03	 	 Employees and Employee Benefits
	  	 	11	  
		 	Section 5.04	 	 Transfer of Certain Assets and Liabilities of Subsidiaries
	  	 	12	  
		 	Section 5.05	 	 Bulk Sales Laws
	  	 	14	  
		 	Section 5.06	 	 Transfer Taxes
	  	 	14	  
		 	Section 5.07	 	 Further Assurances
	  	 	15	  
		 	Section 5.08	 	 Omitted Assets or Liabilities
	  	 	15	  
		 	Section 5.09	 	 Tax Matters
	  	 	15	  
		
	ARTICLE VI INDEMNIFICATION	  	 	15	  
				
		 	Section 6.01	 	 Indemnification By Transferor
	  	 	15	  
		 	Section 6.02	 	 Indemnification By Transferee
	  	 	16	  
		 	Section 6.03	 	 Claim Procedure/Notice of Claim
	  	 	16	  
		 	Section 6.04	 	 Survival
	  	 	17	  
		 	Section 6.05	 	 Tax Treatment of Indemnification Payments
	  	 	18	  
		 	Section 6.06	 	 Exclusive Remedy
	  	 	18	  
		
	ARTICLE VII MISCELLANEOUS	  	 	18	  
				
		 	Section 7.01	 	 Amendment and Modification
	  	 	18	  
		 	Section 7.02	 	 Waiver of Compliance; Consents
	  	 	19	  
		 	Section 7.03	 	 Notices
	  	 	19	  

  
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		 	Section 7.04	 	 Expenses
	  	 	20	  
		 	Section 7.05	 	 Assignment and Successors
	  	 	20	  
		 	Section 7.06	 	 Third-party Beneficiaries
	  	 	20	  
		 	Section 7.07	 	 Governing Law; Consent to Jurisdiction
	  	 	20	  
		 	Section 7.08	 	 WAIVER OF JURY TRIAL
	  	 	21	  
		 	Section 7.09	 	 Privilege
	  	 	21	  
		 	Section 7.10	 	 Severability
	  	 	21	  
		 	Section 7.11	 	 Interpretation
	  	 	21	  
		 	Section 7.12	 	 Entire Agreement
	  	 	22	  
		 	Section 7.13	 	 Counterparts
	  	 	22	  

  
 ii 

 CONTRIBUTION AGREEMENT 

This Contribution Agreement (this “Agreement”), dated as of November 8, 2016, is entered into between Novatel
Wireless, Inc., a Delaware corporation (“Transferor”), and Inseego Corp., a Delaware corporation (“Transferee”). 

RECITALS 
 WHEREAS,
Transferor wishes to sell and assign to Transferee, and Transferee wishes to assume from Transferor, the rights and obligations of Transferor and its Subsidiaries to the Transferred Assets and the Assumed Liabilities (as each such term is defined
herein), subject to the terms and conditions set forth herein; 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements
hereinafter set forth and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 

ARTICLE I 
 DEFINITIONS

 The following terms have the meanings specified or referred to in this Article I: 

“Action” means any action, cause of action, lawsuit, audit, citation, summons, subpoena, investigation, administrative
enforcement, appeal, petition, plea, charge, complaint, claim, suit, demand, litigation, arbitration, mediation, hearing or other proceeding in each case commenced, brought, or heard by or before any Governmental Authority, whether at law or in
equity. 
 “Affiliate” of a Person means any other Person that directly or indirectly, through one or
more intermediaries, controls, is controlled by, or is under common control with, such Person. The term “control” (including the terms “controlled by” and “under common control with”) means the possession, directly or
indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise. 

“Agreement” has the meaning set forth in the preamble. 

“Ancillary Agreements” means the Bill of Sale, the Intellectual Property Assignments, the Assignment and Assumption of
Lease Agreements and such other agreements, assignments, leases, subleases, documents or instruments as the parties agree are necessary or desirable to achieve the purposes set forth in this Agreement and the other Ancillary Agreements. 

“Assets” means all assets, properties, rights, licenses, permits, Contracts, real property rights and interests of any
kind or nature whatsoever, Intellectual Property, causes of action and business of every kind and description, wherever located, real, personal or mixed, tangible or intangible. 

 “Assignment and Assumption of Lease Agreement” means any assignment and
assumption of lease (or sublease) to be entered into by Transferor and Transferee in connection with the assignment and transfer of the Transferred Leased Facilities substantially in the form of Exhibit A hereto. 

“Assumed Liabilities” means the Liabilities set forth in Section 1.01 of the Disclosure Schedules. 

“Benefit Arrangements” means all fringe benefit plans, holiday or vacation pay, profit sharing, incentive
compensation, cafeteria plans, seniority and other policies, practices, agreements or statements of terms and conditions providing compensation or benefits to Transferred Employees or any of their dependents or beneficiaries, other than an Employee
Plan. 
 “Bill of Sale” has the meaning set forth in Section 2.04. 

“Claim Notice” has the meaning set forth in Section 6.03. 

“Claimed Amount” has the meaning set forth in Section 6.03. 

“Closing” has the meaning set forth in Section 2.01. 

“Closing Date” has the meaning set forth in Section 2.01. 

“Code” means the Internal Revenue Code of 1986, as amended. 

“Consideration” has the meaning set forth in Section 2.03. 

“Contracts” means all contracts, leases, deeds, mortgages, licenses, instruments, notes, commitments, undertakings,
indentures, joint ventures and all other agreements, commitments and legally binding arrangements, whether written or oral. 

“Controlling Party” has the meaning set forth in Section 6.03. 

“Disclosure Schedules” means the Disclosure Schedules delivered by Transferor and Transferee concurrently with
the execution and delivery of this Agreement. 
 “Employee Plan” means each “employee benefit plan”
as defined in Section 3(3) of ERISA, maintained or contributed to by Transferor, whether in the United States or outside the United States, and whether or not subject to ERISA, which provides benefits to the Transferred Employees or any of
their dependents or beneficiaries. 
 “ERISA” means the Employee Retirement Income Security Act of 1974, as
amended, and the regulations promulgated thereunder. 

  
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 “Excluded Assets” means the Assets set forth in Section 1.02 of the
Disclosure Schedules. 
 “Excluded Liabilities” means the Liabilities set forth in Section 1.03 of the Disclosure
Schedules. 
 “Files” means any studies, reports, records (including personnel records), books of account, invoices,
instruments, surveys, data (including financial, sales, purchasing and operating data), computer data, disks, tapes, marketing plans, customer lists, supplier lists, correspondence and other documents. 

“Governmental Authority” means the government of the United States or any foreign country (including China) or any
state or political subdivision thereof and any entity, body or authority exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, including quasi-governmental entities established to perform
such functions. 
 “Governmental Order” means any decree, order, judgment, writ, award, injunction,
stipulation or consent of or by, or settlement agreement with, a Governmental Authority. 
 “Inactive Employee” has
the meaning set forth in Section 5.03. 
 “Indemnified Party” has the meaning set forth in
Section 6.03. 
 “Indemnifying Party” has the meaning set forth in Section 6.03. 

“Intellectual Property” means, on a worldwide basis: (a) all inventions and ideas (whether or not patentable) and
all patents, patent applications, industrial designs, and design patents, (b) all registered and unregistered trademarks, service marks, and protectable trade dress, together with all goodwill associated with any of the foregoing, and all
registrations and applications therefor, (c) all registered and unregistered copyrights in both published and unpublished works, and applications for registration thereof, (d) all computer software, data and documentation, (e) all
internet domain names, and (f) all trade secrets and confidential business information, whether patentable or unpatentable, including know-how, drawings and technical plans, schematics, prototypes, designs, models, financial, marketing and
business data, pricing and cost information, business and marketing plans, and customer and supplier lists and information. 

“Intellectual Property Assignments” has the meaning set forth in Section 2.04. 

“Knowledge” means, with respect to each of Transferor and Transferee, the actual knowledge of the Key
Individuals. 
 “Key Individual” means Sue Swenson, Michael Newman, Michael Sklansky and Lance Bridges.

  
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 “Law” means any law, statute, code, regulation, ordinance, rule,
common law, Governmental Order or governmental requirement enacted, promulgated, entered into, agreed, imposed or enforced by any Governmental Authority. 

“Leased Real Property” means Real Property leased or subleased by Transferor or its Subsidiaries with respect to the
Business. 
 “Liabilities” means all liabilities and obligations of any kind, character or description,
whether liquidated or unliquidated, known or unknown, fixed or contingent, accrued or unaccrued, absolute, determined, determinable or indeterminable, or otherwise. 

“Lien” means any mortgage, lien (statutory or other), charge, restriction, pledge, security interest, option, lease or
sublease, claim, right of any third party, easement, encroachment, encumbrance or lien or other charges or rights of others of any kind or nature, except non-exclusive licenses of Intellectual Property. 

“Losses” means any losses, damages, liabilities, deficiencies, interest, awards, penalties, fines, costs or
expenses, including reasonable attorneys’ fees; provided, however, that “Losses” shall not include consequential, incidental or punitive damages, except in the case of fraud or to the extent actually paid to a
Governmental Authority or other third party, provided that the Indemnified Party has fully complied with the procedures set forth in Section 6.03. 

“Non-Controlling Party” has the meaning set forth in Section 6.03. 

“Objection Notice” has the meaning set forth in Section 6.03. 

“Person” means any natural person, corporation, limited liability company, partnership, firm, joint venture,
joint-stock company, trust, association, unincorporated entity or organization of any kind, Governmental Authority or other entity of any kind. 

“Real Property” means the real property owned, leased or subleased by Transferor or its Subsidiaries with respect to
the Business, together with all buildings, structures and facilities located thereon. 

“Representative” means, with respect to any Person, any and all directors, officers, stockholders, managers,
members, employees, consultants, financial advisors, counsel, accountants and other agents of such Person. 

“Response” has the meaning set forth in Section 6.03. 

“Shares” has the meaning set forth in Section 2.03. 

“Subsidiaries”, when used with respect to any Person, shall mean any corporation, limited liability company,
partnership, association, joint venture or other business entity of which: (a) at least a majority of the securities or other interests having by their terms ordinary  

  
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voting power to elect a majority of the board of directors or others performing similar functions with respect to such corporation or other organization is directly or indirectly owned or
controlled by such Person (through ownership of securities, by contract or otherwise); or (b) such Person or any Subsidiary of such Person is a general partner of any general partnership or a manager of any limited liability company. 

“Tax” or “Taxes” means (a) any and all federal, state, local, foreign or other taxes, charges,
fees, duties (including custom duties), levies, or similar assessments, including net income, gross income, capital gains, gross receipts, net receipts, gross proceeds, net proceeds, ad valorem, profits, real property, personal property (whether
tangible or intangible), escheat or unclaimed property, gaming, sales, use, franchise, capital, excise, estimated, value added, stamp, lease, transfer, occupational, equalization, license, payroll, employment, disability, severance, withholding,
unemployment, or other taxes, however denominated or computed, assessed by any Governmental Authority, including any interest, penalties, or additions to tax attributable thereto, whether disputed or not, and (b) liability for the payment of
any amounts of the type described in clause (a) as a transferee or successor, or by Contract to indemnify or otherwise assume or succeed to the liability of any other Person. 

“Tax Return” means any return, declaration, report, claim for refund, information return or statement or other
document required to be filed with respect to Taxes (including any information return required under Section 6055 or Section 6056 of the Code), including any schedule or attachment thereto, and including any amendment thereof. 

“Third Party Proprietary Information” has the meaning set forth in Section 5.01. 

“Transfer” has the meaning set forth in Section 2.02. 

“Transferee” has the meaning set forth in the preamble. 

“Transferee Indemnitees” has the meaning set forth in Section 6.01. 

“Transferor” has the meaning set forth in the preamble. 

“Transferor Indemnitees” has the meaning set forth in Section 6.02. 

“Transferred Assets” means the Assets set forth in Section 1.04 of the Disclosure Schedules. 

“Transferred Employees” means the employees of Transferor identified in Section 1.05 of the Disclosure
Schedules. 
 “Transferred Leased Real Property” means the Leased Real Property identified in
Section 1.06 of the Disclosure Schedules. 

  
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 “Transferred Subsidiaries” means the Subsidiaries of Transferor
identified in Section 1.07 of the Disclosure Schedules. 
 ARTICLE II 

PURCHASE AND SALE; CLOSING 

Section 2.01 Closing. The closing of the transactions contemplated by this Agreement (the “Closing”) shall take place
on the date of the execution of this Agreement (the “Closing Date”) at the offices of Paul Hastings LLP, 4747 Executive Drive, Suite 1200, in San Diego, California. The consummation of the transactions contemplated by this Agreement
shall be deemed to occur at 12:01 a.m. on the Closing Date. 
 Section 2.02 Purchase and Sale of Assets; Assumption of
Liabilities. 
 (a) Except as otherwise expressly provided herein, and subject to the terms and conditions set forth herein, at the
Closing, Transferor shall sell, assign, transfer, convey and deliver (“Transfer”) to Transferee, and Transferee shall accept from Transferor, all of Transferor’s right, title and interest in the Transferred Assets, including
the equity interests in the Transferred Subsidiaries (it being understood that any Transferred Assets that are already held by a Transferred Subsidiary as of the Closing will continue to be held by such Transferred Subsidiary). 

(b) Except as otherwise expressly provided herein, and subject to the terms and conditions set forth herein, at the Closing, Transferor shall
transfer to Transferee, and Transferee shall assume, perform, timely pay and discharge when due the Assumed Liabilities (it being understood that any Assumed Liabilities that are already Liabilities of a Transferred Subsidiary as of the Closing will
continue to be Liabilities of such Transferred Subsidiary). Other than the Assumed Liabilities, Transferee shall not assume any Liabilities or obligations of Transferor of any kind, whether known or unknown, contingent, matured or otherwise, whether
currently existing or hereinafter created. 
 (c) In the event that any Transfer of an Asset or assumption of a Liability required by this
Agreement or any of the Ancillary Agreements is not effected at Closing, the obligation to Transfer such Asset or assume such Liability shall continue after the Closing and shall be accomplished as soon thereafter as practicable, subject to the
terms and conditions set forth in this Agreement and the Ancillary Agreements. 
 (d) From and after the Closing, each party shall promptly
Transfer to the other Party, from time to time, any property received that is allocated to the other party or its Affiliate pursuant to this Agreement or the Ancillary Agreements. Without limiting the foregoing, in the event any party or its
Affiliate shall, after the Closing, receive funds upon the payment of accounts receivable or other amounts under Contracts or other Assets or Liabilities that are allocated to the other party or its Affiliate pursuant to this Agreement or the
Ancillary 

  
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Agreements, such party will Transfer, or cause to be Transferred, such funds to the other party by wire transfer promptly after the receiving party becomes aware of having received such funds.

 Section 2.03 Consideration. The consideration for the Transferred Assets (the “Consideration”) shall
consist of 10 shares of common stock, par value $0.001 per share (the “Shares”), of Transferee, plus the assumption of the Assumed Liabilities. Transferee shall transfer the Shares to Transferor at the Closing (as defined
herein). 
 Section 2.04 Closing Deliverables. 

(a) At the Closing, Transferor shall deliver to Transferee the following: 

(i) a bill of sale, assignment and assumption agreement substantially in the form of Exhibit B hereto (the “Bill of
Sale”), executed by Transferor and any of its Subsidiaries other than Transferred Subsidiaries that hold Transferred Assets or Assumed Liabilities, effecting the assignment to and assumption by Transferee and any such Subsidiaries of the
Transferred Assets and the Assumed Liabilities; 
 (ii) stock certificates evidencing 100% of Transferor’s and/or its applicable
Subsidiaries’ interests in (A) DigiCore Holdings Ltd, (B) R.E.R. Enterprises, Inc., and (C) Novatel Wireless Solutions, Inc., free and clear of all Liens, duly endorsed in blank or accompanied by stock powers or other instruments of
transfer duly executed in blank, with all required stock transfer tax stamps affixed thereto; 
 (iii) assignments substantially in the form
of Exhibit C hereto (the “Intellectual Property Assignments”), each executed by Transferor or the applicable Subsidiary of Transferor, transferring all of Transferor’s (or such Subsidiary’s, as applicable) right,
title and interest in and to the trademark registrations and applications, patents and patent applications, copyright registrations and applications and domain name registrations included in the Transferred Assets to Transferee; 

(iv) the Assignment and Assumption of Lease Agreements, each executed by Transferor or the applicable Subsidiary of Transferor; 

(v) copies of all consents, approvals, waivers and authorizations referred to in Section 2.04(a)(vi) of the Disclosure Schedules; and 

(vi) such other agreements, assignments, leases, subleases, documents or instruments as the parties agree are necessary or desirable to achieve
the purposes set forth in this Agreement and the Ancillary Agreements, executed by Transferor and/or its applicable Subsidiaries. 
 (b) At
the Closing, Transferee shall deliver to Transferor the following: 

  
 7 

 (i) stock certificates evidencing the Shares, free and clear of all Liens, duly endorsed in blank
or accompanied by stock powers or other instruments of transfer duly executed in blank, with all required stock transfer tax stamps affixed thereto; 

(ii) the Bill of Sale, executed by Transferee; 

(iii) the Assignment and Assumption of Lease Agreements, executed by Transferee; 

(iv) copies of all consents and authorizations referred to in Section 2.04(b)(iv) of the Disclosure Schedules; and 

(v) such other agreements, assignments, leases, subleases, documents or instruments as the parties agree are necessary or desirable to achieve
the purposes set forth in this Agreement and the Ancillary Agreements, executed by Transferee. 
 ARTICLE III 

REPRESENTATIONS AND WARRANTIES OF TRANSFEROR 

Except as set forth in the Disclosure Schedules, Transferor represents and warrants to Transferee that the statements contained in this
Article III are true and correct as of the date of this Agreement. 
 Section 3.01 Organization and Authority of
Transferor; Enforceability. Transferor is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Transferor has all requisite corporate power and authority to enter into this Agreement and
the documents to be delivered hereunder, to carry out its obligations hereunder and to consummate the transactions contemplated hereby. The execution, delivery and performance by Transferor of this Agreement and the documents to be delivered
hereunder and the consummation of the transactions contemplated hereby have been duly authorized by all requisite corporate action on the part of Transferor. This Agreement and the documents to be delivered hereunder have been duly executed and
delivered by Transferor, and (assuming due authorization, execution and delivery by Transferee) this Agreement and the documents to be delivered hereunder constitute valid and binding obligations of Transferor, enforceable against Transferor
in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and by general principles of equity (regardless
of whether enforcement is sought in a proceeding at law or in equity). 
 Section 3.02 Brokers. Transferor is not required to
pay any brokerage, finder’s or other fee or commission in connection with the transactions contemplated by this Agreement based upon arrangements made by or on behalf of Transferor. 

  
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 ARTICLE IV 

REPRESENTATIONS AND WARRANTIES OF TRANSFEREE 

Except as set forth in the Disclosure Schedules, Transferee represents and warrants to Transferor that the statements contained in this
Article IV are true and correct as of the date of this Agreement. 
 Section 4.01 Organization and Authority of Transferee;
Enforceability. Transferee is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Transferee has all requisite corporate power and authority to enter into this Agreement and the documents
to be delivered hereunder, to carry out its obligations hereunder and to consummate the transactions contemplated hereby. The execution, delivery and performance by Transferee of this Agreement and the documents to be delivered hereunder and the
consummation of the transactions contemplated hereby have been duly authorized by all requisite corporate action on the part of Transferee. This Agreement and the documents to be delivered hereunder have been duly executed and delivered by
Transferee, and (assuming due authorization, execution and delivery by Transferor) this Agreement and the documents to be delivered hereunder constitute legal, valid and binding obligations of Transferee, enforceable against Transferee in accordance
with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and by general principles of equity (regardless of whether
enforcement is sought in a proceeding at law or in equity). 
 Section 4.02 Brokers. Transferee is not required to pay any
brokerage, finder’s or other fee or commission in connection with the transactions contemplated by this Agreement based upon arrangements made by or on behalf of Transferee. 

ARTICLE V 
 COVENANTS

 Section 5.01 Assignment of Contracts and Rights. 

(a) Notwithstanding anything to the contrary in this Agreement, this Agreement shall not constitute an agreement to assign or otherwise sell,
convey, sublicense or Transfer any Contract constituting a Transferred Asset, or any claim, right or benefit arising thereunder or resulting therefrom, or to enter into any other agreement or arrangement with respect thereto, if an attempted
assignment, sale, conveyance, sublicense or Transfer thereof, or entering into any such agreement or arrangement, without the consent of a third party, would constitute a breach of, or other contravention under, any such Contract, be ineffective
with respect to any party thereto or in any way adversely affect the rights of Transferor or Transferee thereunder. With respect to any such Contract (or any claim, right or benefit arising thereunder or resulting therefrom), from and after the date
hereof, Transferor and Transferee shall use reasonable best efforts (but without any payment of money or other transfer of value by Transferor or Transferee to any third party) to obtain any required consent for the assignment, sale, conveyance,

  
 9 

 
sublicense or Transfer of such Contract to Transferee, or written confirmation from such parties reasonably satisfactory in form and substance to Transferor and Transferee confirming that such
consent is not required. If a required consent has not been obtained prior to the Closing with respect to any such Contract, then, if and to the extent permitted under, and subject to the terms of, such Contract, and subject to applicable Law,
Transferor and Transferee shall enter into a mutually agreeable arrangement under which (i) Transferee would obtain, through a subcontracting, sublicensing or subleasing arrangement or otherwise, the claims, rights and benefits of Transferor
under such Contract in accordance with this Agreement, (ii) Transferee would assume all obligations of Transferor under such Contracts and agree to perform and discharge all obligations under such Contracts, and (iii) Transferor would
enforce at Transferee’s cost and at the reasonable request of and for the benefit of Transferee, any and all claims, rights and benefits of Transferor against any third party thereto arising from any such Contract; provided that neither
Transferor nor Transferee shall be required to make any payment of money or other transfer of value in connection with any such arrangement. In the event Transferor shall elect to make any payment of money or other transfer of value, including any
consent fee, transfer fee or similar arrangement, whether in connection with obtaining any consent under this Section 5.01(a) or entering into any arrangement contemplated by the preceding sentence, Transferor shall be solely responsible
for such fee. 
 (b) Transferor shall promptly pay to Transferee, when received, all monies received by Transferor under any Contract
constituting a Transferred Asset or any claim, right or benefit arising thereunder not transferred to Transferee at the Closing as a result of the provisions of this Section 5.01. Transferee shall promptly reimburse Transferor (or pay at
the request of Transferor) any Assumed Liabilities not assumed by Transferee at the Closing as a result of the provisions of this Section 5.01, as well as all third party costs and expenses incurred or Losses suffered by Transferor in
enforcing any claims, rights and benefits under any Contracts in accordance with Section 5.01(a). 
 (c) Without limiting the
provisions of this Section 5.01, this Agreement shall not constitute an agreement of Transferor to Transfer any confidential or proprietary data or information of any Person other than Transferor and its Affiliates (“Third Party
Proprietary Information”) to Transferee, and shall not constitute an authorization to use such Third Party Proprietary Information, to the extent such attempted conveyance, transfer or delivery, or such use, without the consent of a third
party, would constitute a breach of, or other contravention under, any confidentiality or similar agreement or other Contract to which Transferor is a party. With respect to any such Third Party Proprietary Information, from and after the date
hereof, Transferor shall be responsible for obtaining, and shall use commercially reasonable efforts (but without any payment of money or other transfer of value by Transferor to any third party) to obtain, any required consent for the Transfer or
use, as applicable, of such Third Party Proprietary Information to Transferee. Without limiting the foregoing, Transferee shall, upon request of Transferor or any third party, enter into a proprietary information agreement or other confidentiality
or similar agreement with any third party requiring Transferee to treat and hold as confidential such Third Party Proprietary Information on terms and conditions that are no less 

  
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restrictive than the terms and conditions of any confidentiality or similar agreement between Transferor and any such third parties. 

(d) Without limiting the provisions of this Section 5.01, to the extent Transferor is restricted under applicable Law from
effecting the Transfer hereunder to Transferee of any Files constituting a Transferred Asset, this Agreement shall not constitute an agreement to Transfer such Files, or grant such right to use, to the extent such Transfer or grant would violate
applicable Law. With respect to any such Files, from and after the date hereof, the parties hereto shall reasonably cooperate with each other and use reasonable best efforts to eliminate such restriction in compliance with applicable Law (including,
if applicable, to obtain any required authorization of any Governmental Authority), and the parties shall keep each other reasonably apprised of the parties’ progress with respect thereto. Transferor and Transferee shall use reasonable best
efforts to effect such Transfer or grant of right to use as soon as practicable following the Closing. 
 Section 5.02 Real
Property. 
 (a) Subject to the provisions of this Section 5.02(a), the parties shall cooperate with each other and
use reasonable best efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary or desirable to effect the assignment and assumption of the leases for the Transferred Leased Real Property from Transferor
or its Subsidiaries to Transferee. The parties shall cooperate with each other and use reasonable best efforts to obtain any consents or approvals required in connection with the assignment of the leases for the Transferred Leased Real Property from
Transferor or its Subsidiaries to Transferee. Nothing shall prohibit Transferee from negotiating a new lease with the landlord for such Transferred Leased Real Property. Notwithstanding the foregoing, nothing in this Section 5.02(a)
shall require any party to make any payments in order to obtain such consents, approvals or releases, except for reasonable and customary costs to cover actual expenses incurred by landlords to process any requests for assignment and except for
payments expressly contemplated by the leases or subleases of such Transferred Leased Real Property. 
 Section 5.03 Employees and
Employee Benefits. 
 (a) Effective as of the Closing, Transferor shall transfer the employment of the Transferred Employees to
Transferee (it being understood that any Transferred Employees that are already employed by a Transferred Subsidiary as of the Closing will continue to be employed by such Transferred Subsidiary). The transfer of employment of the Transferred
Employees from Transferor to Transferee shall be conducted in a manner such that the employment of each such individual shall be considered continuous and uninterrupted employment under applicable Law. Transferee hereby assumes as Assumed
Liabilities Transferor’s liabilities and obligations under applicable Law and under any applicable plan, policy, contract or arrangement to employ, reemploy, reinstate or reactivate each Inactive Employee. In addition, Transferee acknowledges
that it is a “successor in interest” for purposes of all applicable employment and employee 

  
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benefits laws, including: the Family and Medical Leave Act of 1993, as amended, and the Uniformed Services Employment and Reemployment Rights Act of 1994, as amended, and that the terms of
employment, reemployment, reinstatement or reactivation of any Inactive Employee who is on approved leave under such laws immediately prior to the Distribution Date shall be governed by such laws and the Consolidated Omnibus Reconciliation Act of
1985, as amended. For purposes of this Agreement, an “Inactive Employee” shall mean each Transferred Employee who (i) is not actively employed immediately prior to the Closing due to an approved leave of absence, including an
approved medical, non-medical or short-term disability, or long-term disability leave of absence or absence from active employment due to occupational illness or injury covered by workers’ compensation or (ii) has any right immediately
prior to the Closing under applicable Law, plan, policy, contractual arrangement or otherwise to employment, reemployment, reinstatement or reactivation and who, in either case, was employed by Transferor prior to his or her commencement of leave,
termination or suspension of employment or change of status to inactive employment, as the case may be. 
 (b) From and after the Closing,
Transferee shall assume as Assumed Liabilities the liabilities and obligations of Transferor under any employment agreements or similar agreements, including temporary staffing arrangements, consulting agreements and personal services agreements, or
applicable Law relating to the terms and conditions of employment of each Transferred Employee. Transferee shall assume as Assumed Liabilities the liabilities and obligations of Transferor arising out of or pertaining to the termination of
employment of, employing of or the failure or refusal to employ, reinstate, reactivate or reemploy any Transferred Employee (including severance benefits). 

(c) Effective as of the Closing, Transferor shall transfer, or cause its Subsidiaries to transfer, to Transferee all Employee Plans and
Benefit Arrangements, and Transferee shall assume as Assumed Liabilities all liabilities and obligations under any Employee Plan and Benefit Arrangement. 

Section 5.04 Transfer of Certain Assets and Liabilities of Subsidiaries. 

(a) Except as otherwise expressly provided herein, and subject to the terms and conditions set forth herein, following the Closing, Transferee
shall cause the Transferred Subsidiaries to Transfer to Transferor, and Transferor shall accept from such Transferred Subsidiaries, all of such Transferred Subsidiaries’ right, title and interest in the Excluded Assets as of the Closing. 

(b) Except as otherwise expressly provided herein, and subject to the terms and conditions set forth herein, following the Closing, Transferee
shall cause the Transferred Subsidiaries to Transfer to Transferor, and Transferor shall assume, perform, timely pay and discharge when due any Excluded Liabilities that are Liabilities of a Transferred Subsidiary as of the Closing. 

  
 12 

 (c) Notwithstanding anything to the contrary in this Agreement, this
Section 5.04 shall not constitute an agreement to assign or otherwise sell, convey, sublicense or Transfer any Contract of a Transferred Subsidiary constituting an Excluded Asset, or any claim, right or benefit arising thereunder or
resulting therefrom, or to enter into any other agreement or arrangement with respect thereto, if an attempted assignment, sale, conveyance, sublicense or Transfer thereof, or entering into any such agreement or arrangement, without the consent of a
third party, would constitute a breach of, or other contravention under, any such Contract, be ineffective with respect to any party thereto or in any way adversely affect the rights of the applicable Transferred Subsidiary or Transferor thereunder.
With respect to any such Contract (or any claim, right or benefit arising thereunder or resulting therefrom), from and after the date hereof, Transferor and Transferee shall use reasonable best efforts (but without any payment of money or other
transfer of value by Transferor or Transferee to any third party) to obtain any required consent for the assignment, sale, conveyance, sublicense or Transfer of such Contract to Transferor, or written confirmation from such parties reasonably
satisfactory in form and substance to Transferor and Transferee confirming that such consent is not required. If a required consent has not been obtained prior to the Closing with respect to any such Contract, then, if and to the extent permitted
under, and subject to the terms of, such Contract, and subject to applicable Law, Transferor and Transferee or the applicable Transferred Subsidiary shall enter into a mutually agreeable arrangement under which (i) Transferor would obtain,
through a subcontracting, sublicensing or subleasing arrangement or otherwise, the claims, rights and benefits of the applicable Transferred Subsidiary under such Contract in accordance with this Agreement, (ii) Transferor would assume all
obligations of the applicable Transferred Subsidiary under such Contracts and agree to perform and discharge all obligations under such Contracts, and (iii) the applicable Transferred Subsidiary would enforce at Transferor’s cost and at
the reasonable request of and for the benefit of Transferor, any and all claims, rights and benefits of the applicable Transferred Subsidiary against any third party thereto arising from any such Contract; provided that none of Transferor,
Transferee or the applicable Transferred Subsidiary shall be required to make any payment of money or other transfer of value in connection with any such arrangement. In the event the applicable Transferred Subsidiary shall elect to make any payment
of money or other transfer of value, including any consent fee, transfer fee or similar arrangement, whether in connection with obtaining any consent under this Section 5.04(c) or entering into any arrangement contemplated by the
preceding sentence, the applicable Transferred Subsidiary shall be solely responsible for such fee. 
 (d) Transferee shall
cause the applicable Transferred Subsidiary to promptly pay to Transferor, when received, all monies received by the applicable Transferred Subsidiary under any Contract of such Transferred Subsidiary constituting a Excluded Asset or any claim,
right or benefit arising thereunder not transferred to Transferor as a result of the provisions of Section 5.04(c). Transferor shall promptly reimburse the applicable Transferred Subsidiary (or pay at the request of the applicable
Transferred Subsidiary) any Excluded Liabilities of such Transferred Subsidiary not assumed by Transferor as a result of the provisions of Section 5.04(c), as well as all third party costs and expenses incurred or Losses suffered by such
Transferred Subsidiary in  

  
 13 

 
enforcing any claims, rights and benefits under any Contracts in accordance with Section 5.04(c). 

(e) Without limiting the provisions of this Section 5.04, this Agreement shall not constitute an agreement of any
Transferred Subsidiary to Transfer any Third Party Proprietary Information to Transferor, and shall not constitute an authorization to use such Third Party Proprietary Information, to the extent such attempted conveyance, transfer or delivery, or
such use, without the consent of a third party, would constitute a breach of, or other contravention under, any confidentiality or similar agreement or other Contract to which such Transferred Subsidiary is a party. With respect to any such Third
Party Proprietary Information, from and after the date hereof, the applicable Transferred Subsidiary shall be responsible for obtaining, and shall use commercially reasonable efforts (but without any payment of money or other transfer of value by
such Transferred Subsidiary to any third party) to obtain, any required consent for the Transfer or use, as applicable, of such Third Party Proprietary Information to Transferor. Without limiting the foregoing, Transferor shall, upon request of
Transferor, the applicable Transferred Subsidiary or any third party, enter into a proprietary information agreement or other confidentiality or similar agreement with any third party requiring Transferor to treat and hold as confidential such Third
Party Proprietary Information on terms and conditions that are no less restrictive than the terms and conditions of any confidentiality or similar agreement between the applicable Transferred Subsidiary and any such third parties. 

(f) Without limiting the provisions of this Section 5.04, to the extent any Transferred Subsidiary is restricted under
applicable Law from effecting the Transfer hereunder to Transferor of any Files constituting an Excluded Asset, this Agreement shall not constitute an agreement to Transfer such Files, or grant such right to use, to the extent such Transfer or grant
would violate applicable Law. With respect to any such Files, from and after the date hereof, the parties hereto shall reasonably cooperate with each other and use reasonable best efforts to eliminate such restriction in compliance with applicable
Law (including, if applicable, to obtain any required authorization of any Governmental Authority), and the parties shall keep each other reasonably apprised of the parties’ progress with respect thereto. Transferor and Transferee shall use
reasonable best efforts to effect such Transfer or grant of right to use as soon as practicable following the Closing. 
 Section
5.05 Bulk Sales Laws. The parties hereby waive compliance with the provisions of any bulk sales, bulk transfer or similar laws of any jurisdiction that may otherwise be applicable with respect to the sale of any or all of the Transferred Assets
to Transferee. 
 Section 5.06 Transfer Taxes. All transfer, documentary, sales, use, stamp, registration, value added and
other such taxes and fees (including any penalties and interest) incurred in connection with this Agreement and the documents to be delivered hereunder shall be borne and paid by Transferor when due. Transferor shall, at its own expense, timely file
any tax return or other document with respect to such taxes or fees (and Transferee shall cooperate with respect thereto as necessary). 

  
 14 

 Section 5.07 Further Assurances. Following the Closing, each of the parties hereto shall,
and shall cause its respective Subsidiaries to, execute and deliver such additional documents, instruments, conveyances and assurances and take such further actions as may be reasonably required to carry out the provisions hereof and give effect to
the transactions contemplated by this Agreement and the documents to be delivered hereunder. 
 Section 5.08 Omitted Assets or
Liabilities. Following the Closing, if the parties identify any Excluded Assets or Excluded Liabilities that were inadvertently assigned to or assumed by Transferee or that are held by a Transferred Subsidiary, Transferor and Transferee shall,
and, if applicable, shall cause their respective Affiliates to, for no additional consideration, execute and deliver any contracts and perform all other lawful acts reasonably necessary for Transferee (or the applicable Transferred Subsidiary) to
transfer to Transferor or to cause Transferor to reassume such Excluded Assets or Excluded Liabilities. Following the Closing, if the parties identify any Transferred Assets or Assumed Liabilities that were inadvertently retained by Transferor or
its remaining Subsidiaries, Transferor and Transferee shall, and, if applicable, shall cause their respective Affiliates to, for no additional consideration, execute and deliver any contracts and perform all other lawful acts reasonably necessary
for Transferor (or its applicable Subsidiary) to transfer to Transferee or to cause Transferee to assume such Transferred Assets or Assumed Liabilities. If any such assets cannot be so transferred from a legal or commercial perspective, the party
that otherwise would have received such assets pursuant to the terms of this Section 5.08 shall, for no additional consideration, use its best efforts to procure other assets that would minimize the losses arising from the absence of
such assets. 
 Section 5.09 Tax Matters. Transferor and Transferee agree that the transactions contemplated by this Agreement
shall be treated for all applicable income tax purposes as a taxable transfer of the Transferred Assets in exchange for the Consideration. 

ARTICLE VI 

INDEMNIFICATION 

Section 6.01 Indemnification By Transferor. Subject to the provisions of this Article VI, Transferor covenants and agrees to
indemnify and hold harmless Transferee and its Affiliates and each of their respective Representatives (collectively, the “Transferee Indemnitees”), from and against any and all Losses incurred or suffered by any of the Transferee
Indemnitees arising or resulting from any of the following: 
 (a) any inaccuracy in or breach of any of the representations or
warranties of Transferor contained in Article III of this Agreement; 
 (b) any breach or non-fulfillment of any covenant, agreement
or obligation to be performed by Transferor pursuant to this Agreement; or 
 (c) any Excluded Liability. 

  
 15 

 Section 6.02 Indemnification By Transferee. Subject to the provisions of this Article
VI, Transferee covenants and agrees to indemnify and hold harmless Transferor and its Affiliates and each of their respective Representatives (collectively, the “Transferor Indemnitees”), from and against any and all Losses
incurred or suffered by any of the Transferee Indemnitees arising or resulting from any of the following: 
 (a) any inaccuracy
in or breach of any of the representations or warranties of Transferee contained in Article IV of this Agreement; 
 (b) any
breach or non-fulfillment of any covenant, agreement or obligation to be performed by Transferee pursuant to this Agreement; or 
 (c) any
Assumed Liability. 
 Section 6.03 Claim Procedure/Notice of Claim. 

(a) A party entitled or seeking to assert rights to indemnification under this Article VI (an “Indemnified
Party”) shall give prompt written notification (a “Claim Notice”) to the party from whom indemnification is sought (an “Indemnifying Party”) which contains: (i) a description and the amount or
estimation thereof (the “Claimed Amount”), if then known, of any Losses incurred or reasonably expected to be incurred by the Indemnified Party and (ii) a statement that the Indemnified Party is entitled to indemnification
under this Article VI for such Losses and a reasonable explanation of the basis therefor.  
 (b) Within thirty
(30) days after delivery of a Claim Notice, the Indemnifying Party shall deliver to the Indemnified Party a written response (the “Response”) in which the Indemnifying Party shall either: (i) agree that the Indemnified
Party is entitled to receive all of the Claimed Amount or (ii) dispute that the Indemnified Party is entitled to receive any or all of the Claimed Amount and the basis for such dispute (in such an event, the Response shall be referred to as an
“Objection Notice”). If no Response is delivered by the Indemnifying Party to the Indemnified Party within such thirty (30) day period, the Indemnifying Party shall be deemed to have agreed that an amount equal to the entire
Claimed Amount shall be payable to the Indemnified Party and such Claimed Amount shall be promptly paid to Transferor Indemnitees or Transferee Indemnitees, as applicable. 

(c) In the event that the Indemnified Party is entitled or is seeking to assert rights to indemnification under this Article VI
relating to a third-party claim, the Indemnified Party shall give written notification to the Indemnifying Party of the commencement of any Action relating to such third-party claim. Such notification shall be given promptly after receipt by the
Indemnified Party of notice of such Action, shall be accompanied by reasonable supporting documentation submitted by such third-party (to the extent then in the possession of the Indemnified Party) and shall describe in reasonable detail (to the
extent known by the Indemnified Party) the facts constituting the basis for such Action and the amount of the claimed Losses, if then known; provided, however, that no delay, deficiency or failure on the part of the 

  
 16 

 
Indemnified Party in so notifying the Indemnifying Party shall relieve the Indemnifying Party of any liability or obligation hereunder except to the extent the Indemnifying Party can
demonstrate in writing that the defense of such Action has been materially prejudiced by such delay, deficiency or failure. Within thirty (30) days after delivery of such notification, the Indemnifying Party may, upon written notice thereof to
the Indemnified Party, assume control of the defense of such Action with counsel reasonably satisfactory to the Indemnified Party; provided, however, that: (i) the Indemnifying Party may assume control of such defense only if it
acknowledges in writing to the Indemnified Party that any Losses that may be assessed against the Indemnified Party in connection with such Action constitute Losses for which the Indemnified Party shall be indemnified pursuant to this Article
VI, and (ii) the Indemnifying Party may not assume control of the defense of an Action (A) involving criminal liability; or (B) in which any relief other than monetary damages is sought against the Indemnified Party and the
Indemnified Party reasonably determines that such non-monetary relief would materially and adversely affect the Indemnified Party. If the Indemnifying Party does not so assume control of such defense, the Indemnified Party shall control such defense
at the Indemnified Party’s expense subject to reimbursement as a part of a Claimed Amount. The party not controlling such defense (the “Non-Controlling Party”) may participate therein at its own expense; provided,
however, that if the Indemnifying Party assumes control of such defense and the Indemnified Party reasonably concludes that the Indemnifying Party and the Indemnified Party have conflicting interests or different defenses available with
respect to such Action, the reasonable fees and expenses of counsel to the Indemnified Party shall be considered “Losses” for purposes of this Agreement. The party controlling such defense (the “Controlling Party”)
shall keep the Non-controlling Party reasonably advised of the status of such Action and the defense thereof and shall consider in good faith recommendations made by the Non-Controlling Party with respect thereto. The Non-Controlling Party shall
furnish the Controlling Party with such information as it may have with respect to such Action (including copies of any summons, complaint or other pleading which may have been served on such party and any written claim, demand, invoice, billing or
other document evidencing or asserting the same) and shall otherwise cooperate with and assist the Controlling Party in the defense of such Action. The Indemnifying Party shall not agree to any settlement of, or the entry of any judgment arising
from, any such Action without the prior written consent of the Indemnified Party, which shall not be unreasonably withheld, conditioned or delayed. The Indemnified Party shall not agree to any settlement of, or the entry of any judgment arising
from, any such Action without the prior written consent of the Indemnifying Party, which shall not be unreasonably withheld, conditioned or delayed. In the event that some, but not all, of the Losses from the Action are indemnifiable, the costs and
expenses (including reasonable legal fees and disbursements) of the Controlling Party incurred in connection with such defense shall be allocated between the Indemnifying Party and the Indemnified Party in proportion to the Losses for which each
such party is ultimately responsible in connection with such claim, after giving effect to the provisions of this Article VI. 

  
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 Section 6.04 Survival. 

(a) The representations and warranties of Transferor and Transferee contained in Article III and Article IV,
respectively, of this Agreement and each Indemnified Party’s rights to indemnification under this Article VI relating to breach or inaccuracy of any of such representations and warranties shall survive the Closing for a period ending on
the date that is fifteen (15) months following the Closing Date, at which time such representations and warranties shall expire, terminate and be of no further force or effect. 

(b) Notwithstanding anything to the contrary in this Agreement, if an Indemnified Party delivers to an Indemnifying Party, before termination
or expiration of a representation or warranty, either a Claim Notice based upon a breach of such representation or warranty, or a notice that, as a result of any claim brought by a third party, the Indemnified Party reasonably expects to incur
Losses, then the applicable representation or warranty shall survive until, but only for purposes of, the resolution of the matter covered by such notice. 

(c) The representations and warranties of Transferor shall not be deemed waived by reason of any investigation made by or on behalf of
Transferee. The representations and warranties of Transferee shall not be deemed waived by reason of any investigation made by or on behalf of Transferor. 

(d) Each covenant of Transferor or Transferee set forth herein shall survive until such time as each such covenant has been fully performed
and satisfied. 
 (e) Notwithstanding anything to the contrary in this Agreement, no party shall be entitled to seek indemnification
under this Article VI with respect to any breach or inaccuracy of the items described in Section 6.01(c) or 6.02(c) unless such party has fully complied with the provisions of Section 5.08. 

Section 6.05 Tax Treatment of Indemnification Payments. All indemnification payments made under this Agreement shall be treated by the
parties as an adjustment to the Consideration for Tax purposes, unless otherwise required by Law. 
 Section 6.06 Exclusive
Remedy. Except with respect to (a) Losses based on fraud or willful misconduct, and (b) injunctive relief or other equitable relief (whether arising under this Agreement, by statute or under common law) to restrain or otherwise remedy
a breach or threatened breach of this Agreement or to specifically enforce this Agreement, the indemnification provisions in this Article VI will be the exclusive remedy of Transferor and Transferee with respect to any and all monetary
damages arising under this Agreement. 
 ARTICLE VII 

MISCELLANEOUS 
 Section
7.01 Amendment and Modification. This Agreement may be amended, modified or supplemented only by an agreement in writing signed by each party hereto. 

  
 18 

 Section 7.02 Waiver of Compliance; Consents. Any failure of Transferee, on the one hand,
or Transferor, on the other hand, to comply with any obligation, covenant or agreement herein may be waived by Transferor (with respect to any failure by Transferee), or by Transferee (with respect to any failure by Transferor), respectively, only
by a written instrument signed by the party granting such waiver, but such waiver or failure to insist upon strict compliance with such obligation, covenant or agreement shall not operate as a waiver of, or estoppel with respect to, any subsequent
or other failure. Whenever this Agreement requires or permits consent by or on behalf of any party hereto, such consent shall be deemed effective when given in a manner consistent with the requirements for a waiver of compliance as set forth in this
Section 7.02. 
 Section 7.03 Notices. 

(a) All notices, requests, demands and other communications under this Agreement shall be in writing and delivered in person, or sent by
facsimile or e-mail or sent by reputable overnight delivery service and properly addressed as follows: 
 if to Transferee: 

Inseego Corp. 
 9645 Scranton
Road, Suite 205 
 San Diego, California 92121 

Attention: Michael Newman 

E-mail: mnewman@nvtl.com 

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

Paul Hastings, LLP 
 4747
Executive Drive 
 Suite 1200 

San Diego, California 92121 

Attention: Carl Sanchez 

E-mail: carlsanchez@paulhastings.com 

if to Transferor: 

Novatel Wireless, Inc. 
 9645
Scranton Road, Suite 205 
 San Diego, California 92121 

Attention: Michael Newman 

E-mail: mnewman@nvtl.com 

  
 19 

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

Paul Hastings, LLP 
 4747
Executive Drive 
 Suite 1200 

San Diego, California 92121 

Attention: Carl Sanchez 

E-mail: carlsanchez@paulhastings.com 

(b) Any party may from time to time change its address for the purpose of notices to that party by a similar notice specifying a new address,
but no such change shall be deemed to have been given until it is actually received by the party sought to be charged with its contents. 

(c) All notices and other communications required or permitted under this Agreement which are addressed as provided in this
Section 7.03 if delivered personally or by courier, shall be effective upon delivery; if sent by facsimile, shall be delivered upon receipt of proof of transmission. 

Section 7.04 Expenses. Except as otherwise set forth herein, Transferor agrees that all fees and expenses incurred by Transferor in
connection with this Agreement and all related documents and transactions shall be borne by Transferor, and Transferee agrees that all fees and expenses incurred by Transferee in connection with this Agreement and all related documents and
transactions shall be borne by Transferee. 
 Section 7.05 Assignment and Successors. This Agreement binds and benefits the
parties and their respective heirs, executors, administrators, successors and assigns, except that neither party shall be permitted to assign any rights under this Agreement or delegate to any Person such party’s performance obligations under
this Agreement without the prior written consent of the other party. 
 Section 7.06 Third-party Beneficiaries. Except as
provided in Article VI, this Agreement is for the sole benefit of the parties hereto and their respective successors and permitted assigns and nothing herein, express or implied, is intended to or shall confer upon any other Person or entity
any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement. 
 Section 7.07
Governing Law; Consent to Jurisdiction. This Agreement, and any Action arising out of, relating to, or in connection with this Agreement, shall be governed by the laws of the State of Delaware without reference to principles of conflicts of laws
that would result in the application of the laws of any other jurisdiction. In addition, each of the parties hereto: (a) consents to submit itself to the personal jurisdiction of any state or federal court located in the State of Delaware in
the event that any dispute arises out of this Agreement or the transactions contemplated hereby; (b) agrees that it will not attempt to deny or defeat such personal jurisdiction by motion or other request for leave from any such court; and
(c) agrees that 

  
 20 

 
it will not bring any action relating to this Agreement or the transactions contemplated hereby, in any court other than a state or federal court located in the State of Delaware. 

Section 7.08 WAIVER OF JURY TRIAL. EACH OF TRANSFEREE AND TRANSFEROR HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY
PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY. 

Section 7.09 Privilege. In connection with any dispute that may arise between Transferor and Transferee or any of their respective
Affiliates Company’s Subsidiaries, Transferee (and not Transferor or its Affiliates) will have the right to decide whether or not to waive the attorney-client privilege that may apply to any communications between Transferor or any of its
Subsidiaries and Paul Hastings LLP that occurred before the Closing. 
 Section 7.10 Severability. Any term or provision of
this Agreement that is invalid or unenforceable in any situation in any jurisdiction shall not affect the validity or enforceability of the remaining terms and provisions of this Agreement or the validity or enforceability of the offending term or
provision in any other situation or in any other jurisdiction. If a final judgment of a court of competent jurisdiction declares that any term or provision of this Agreement is invalid or unenforceable, the parties hereto agree that the court making
such determination shall have the power to limit such term or provision, to delete specific words or phrases or to replace such term or provision with a term or provision that is valid and enforceable and that comes closest to expressing the
intention of the invalid or unenforceable term or provision, and this Agreement shall be valid and enforceable as so modified. In the event such court does not exercise the power granted to it in the prior sentence, the parties hereto agree to
replace such invalid or unenforceable term or provision with a valid and enforceable term or provision that will achieve, to the extent possible, the economic, business and other purposes of such invalid or unenforceable term or provision.

 Section 7.11 Interpretation. 

(a) For purposes of this Agreement, whenever the context requires, the singular number will include the plural, and vice versa, the masculine
gender will include the feminine and neuter genders, the feminine gender will include the masculine and neuter genders, and the neuter gender will include the masculine and feminine genders. 

(b) As used in this Agreement, the words “include” and “including” and variations thereof, will not be deemed to be terms
of limitation, but rather will be deemed to be followed by the words “without limitation”. 
 (c) All references in this Agreement
to “Ancillary Agreements” will be deemed to be a reference to one or more Ancillary Agreements. 

  
 21 

 (d) Except as otherwise expressly indicated, all references in this Agreement to a
“Section”, “Article”, “Preamble”, “Recitals” or “Exhibit” are intended to refer to a Section, Article, the Preamble, the Recitals or an Exhibit of this Agreement, and all references to a
“Schedule” are intended to refer to a Schedule of the Disclosure Schedules. 
 (e) As used in this Agreement, the terms
“hereof”, “hereunder”, “herein” and words of similar import will refer to this Agreement as a whole and not to any particular provision, Section, Exhibit or Schedule of this Agreement. 

(f) All references to this Agreement herein or to the Disclosure Schedules shall be deemed to refer to this entire Agreement, including the
Disclosure Schedules; provided, however, that information furnished in one Section of the Disclosure Schedules shall be deemed to be included in another Section of the Disclosure Schedules to the extent such disclosure is reasonably
apparent on the face thereof to be relevant to such other section, whether or not a specific cross-reference appears. 
 (g) Each party
hereto has participated in the drafting of this Agreement, which each party hereto acknowledges is the result of extensive negotiations among the parties hereto. Consequently, this Agreement will be interpreted without reference to any rule or
precept of Law that states that any ambiguity in a document be construed against the drafter. 
 (h) Any reference in this Agreement to
“$” or “dollars” will mean U.S. dollars. 
 (i) All references to any section of any law include any amendment of,
and/or successor to, that section. 
 (j) The table of contents and Article and Section headings contained in this Agreement are for
reference purposes only and do not limit or otherwise affect any of the substance of this Agreement. 
 (k) All terms defined in this
Agreement shall have such defined meanings when used in the Disclosure Schedules or any certificate or other document made or delivered pursuant hereto or thereto unless otherwise defined therein. 

Section 7.12 Entire Agreement. This Agreement, including the exhibits hereto and the documents and instruments referred to herein
(including the Disclosure Schedules), embody the entire agreement and understanding of the parties hereto in respect of the subject matter contained herein. There are no representations, promises, warranties, covenants or undertakings, other than
those expressly set forth or referred to herein and therein. 
 Section 7.13 Counterparts. This Agreement may be executed in
any number of counterparts and by facsimile signatures, any one of which need not contain the signatures of more than one (1) party and each of which shall be an original, but all such counterparts taken together shall constitute one and the
same instrument. The exchange of copies of this Agreement 

  
 22 

 
or amendments thereto and of signature pages by facsimile transmission or by e-mail transmission in portable document format (or similar format) shall constitute effective execution and delivery
of such instrument(s) as to the parties and may be used in lieu of the original Agreement or amendment for all purposes. Signatures of the parties transmitted by facsimile or by e-mail transmission in portable document format (or similar format)
shall be deemed to be their original signatures for all purposes. 
 [SIGNATURE PAGE FOLLOWS] 

  
 23 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the date
first written above by their respective officers thereunto duly authorized. 
  

					
	TRANSFEROR
	
	NOVATEL WIRELESS, INC.
		
	By:	 	     /s/ Sue Swenson

	Name: Sue Swenson
	Title: Chief Executive Officer

 [Signature Page to Contribution Agreement] 

 
					
	TRANSFEREE
	
	INSEEGO CORP.
		
	By:	 	     /s/ Michael A. Newman

	Name: Michael A. Newman
	Title: Chief Financial Officer

 [Signature Page to Contribution Agreement]EX-10.2

 Exhibit 10.2 

JOINDER AND TENTH AMENDMENT TO CREDIT AND SECURITY 

AGREEMENT AND OTHER LOAN DOCUMENTS AND CONSENT 

THIS JOINDER AND TENTH AMENDMENT TO CREDIT AND SECURITY AGREEMENT AND OTHER LOAN DOCUMENTS AND CONSENT (this
“Amendment”), dated as of November 8, 2016, is entered into by and among NOVATEL WIRELESS, INC., a Delaware corporation (“Novatel”), ENFORA, INC., a Delaware corporation
(“Enfora”), and FEENEY WIRELESS, LLC, an Oregon limited liability company (“Feeney Wireless”; Novatel, Enfora and Feeney Wireless are sometimes referred to in this Amendment individually as a
“Borrower” and collectively as the “Borrowers”), R.E.R. ENTERPRISES, INC., an Oregon corporation (“RER Enterprises”), and FEENEY WIRELESS IC-DISC, INC., a Delaware corporation
(“Feeney Wireless IC-DISC”; RER Enterprises and Feeney Wireless IC-DISC are sometimes referred to in this Amendment individually as a “Guarantor” and collectively as the “Guarantors”), INSEEGO
CORP. (f/k/a VANILLA TECHNOLOGIES, INC.), a Delaware corporation (the “New Guarantor”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (the “Lender”). Borrowers and Guarantors are sometimes individually
referred to herein as a “Loan Party” and collectively referred to herein as the “Loan Parties”. Terms used herein without definition shall have the meanings ascribed to them in the Credit Agreement defined
below. 
 RECITALS 

A.    The Lender and the Loan Parties have previously entered into that certain Credit and Security Agreement dated as of
October 31, 2014 (as amended, modified and supplemented from time to time, the “Credit Agreement”), pursuant to which the Lender has made certain loans and financial accommodations available to Borrowers. 

B.    Novatel has formed New Guarantor as a wholly-owned Subsidiary and has requested that Lender add New Guarantor as a
“Guarantor” and a “Loan Party” under, and as a party to, the Credit Agreement and the other Loan Documents. 

C.    Novatel and New Guarantor intend to enter into a Contribution Agreement, substantially in the form attached hereto
as Annex A, pursuant to which Novatel intends to sell and assign to New Guarantor the “Transferred Assets” and “Assumed Liabilities” (as such terms are defined in the Contribution Agreement) (collectively, the
“Contribution”).
 D.    Novatel, New Guarantor, and Vanilla Merger Sub, Inc., a Delaware corporation
and a wholly-owned subsidiary of New Guarantor formed to effectuate the Merger (defined below) (“Merger Sub”), intend to effect a merger of Merger Sub with and into Novatel, pursuant to which Merger Sub will cease to exist, and
Novatel will become a wholly-owned Subsidiary of New Guarantor (the “Merger”), pursuant to an Agreement and Plan of Merger, substantially in the form attached hereto as Annex B, to be entered into by and among Novatel, New
Guarantor and Merger Sub.
 E.    The Lender and the Loan Parties now wish for the Lender to (i) consent to the Merger,
the Change of Control resulting from the Merger, and the Contribution, (ii) add New Guarantor as a “Guarantor” and a “Loan Party” under, and as a party to, the Credit Agreement 

 
and the other Loan Documents, and (iii) amend the Credit Agreement on the terms and conditions set forth herein. 

F.    The Loan Parties are entering into this Amendment with the understanding and agreement that, except as specifically
provided herein, none of the Lender’s rights or remedies as set forth in the Credit Agreement or any other Loan Document is being waived or modified by the terms of this Amendment. 

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

1.    Addition and Joinder of New Guarantor. 

1.1    The Loan Parties and Lender agree that New Guarantor shall be deemed to be a “Guarantor” and a “Loan
Party” under the Credit Agreement and the other Loan Documents. 
 1.2    Upon the date and effectiveness of this
Amendment, New Guarantor agrees (i) that it shall be deemed to be a party to the Credit Agreement as a “Guarantor” and a “Loan Party” thereunder, (ii) subject to Exhibit E to the Credit Agreement (after giving effect to
this Amendment), that it shall be deemed to have made all of the representations and warranties of a “Guarantor” and a “Loan Party” under the Credit Agreement and to have agreed to be bound, jointly and severally with all other
“Guarantors” and “Loan Parties” by all of the conditions, obligations, appointments, covenants, representations, warranties and other agreements of a “Guarantor” and “Loan Party” under and as set forth in the
Credit Agreement and this Amendment, and (iii) to promptly execute all further documentation, amendments, supplements, schedules, agreements and/or financing statements reasonably required by Lender consistent with and in furtherance of the Credit
Agreement, the other Loan Documents and this Amendment. Without limiting the generality of the foregoing, New Guarantor hereby unconditionally grants, assigns, and pledges to Lender for the benefit of Lender and each Bank Product Provider, to
secure payment and performance of the Obligations, a continuing security interest in and Lien on all of New Guarantor’s right, title, and interest in and to the Collateral, as security for the payment and performance of all Obligations. 

2.    Amendments to Credit Agreement. 

2.1    Section 2.4(b) of the Credit Agreement is hereby amended to read in its entirety as follows: 

“(b)    Payments by Account Debtors. Other than during any period described in the next
sentence, Borrowers shall deposit all payments from Account Debtors, insurance proceeds, and any other collections into the Collection Account, and, so long as no Event of Default is existing, such funds shall be transferred from the Collection
Account to, and be maintained in, any other Deposit Accounts maintained with Lender or that are subject to Control Agreements as directed by Borrowers from time to time. At any time that Liquidity is less than $15,000,000 for five or more
consecutive Business 

  
 2 

 
Days (and continuing thereafter until such time as Liquidity is equal to or greater than $15,000,000 for not less than 60 consecutive days) or during the existence of an Event of Default, (i)
Borrowers shall instruct all Account Debtors to thereafter make payments directly to the Collection Account (by wire transfer, ACH, or other means as Lender may direct from time to time), (ii) if any Borrower receives a payment of the Proceeds of
Collateral directly, such Borrower will promptly deposit the payment or Proceeds into the Collection Account and any funds maintained in any Deposit Account by Borrower shall be promptly transferred to the Collection Account, (iii) until so
deposited, such Borrower will hold all such payments and Proceeds in trust for Lender without commingling with other funds or property, and (iv) any collected and immediately available funds received in the Collection Account shall be applied by
Lender to the outstanding Obligations (unless Lender is restricted or prohibited from doing so as a matter of law).” 

2.2    Section 2.17 of the Credit Agreement is hereby amended by deleting each reference to “Novatel Wireless,
Inc.” that appears therein and replacing it with “Inseego Corp.” 
 2.3    Section 6.12(j) of the
Credit Agreement is hereby amended to read in its entirety as follows: 
 “(j)    Cash
Management. As of the Tenth Amendment Date, each Loan Party shall have established and shall maintain at Lender all Cash Management Services, including all deposit accounts; provided that any Loan Party may continue to maintain
deposit accounts at other banks for purposes of holding foreign currency deposits so long as the aggregate Dollar Equivalent of funds in such other accounts shall not exceed $2,000,000 at any time. Such Cash Management Services maintained by
each Loan Party shall be of a type and on terms reasonably satisfactory to Lender.” 
 2.4    The penultimate
sentence of Section 6.15(a) of the Credit Agreement is hereby amended by deleting the reference to “Novatel Wireless, Inc.” that appears therein and replacing it with “Inseego Corp.” 

2.5    Section 7.9 of the Credit Agreement is hereby amended by deleting the reference to “Novatel Wireless,
Inc.” that appears in clause (a) thereof and replacing it with “Inseego Corp.”, by amending clause (c) thereof to read in its entirety as set forth below, by deleting the “and” at the end of clause (e)
thereof, by replacing the “.” at the end of clause (f) thereof with “; and”, and adding a new clause (g) to read in its entirety as set forth below: 

“(c)    Payments to redeem or otherwise acquire existing Stock of Inseego Corp. so long as the any
consideration used to make such payments is derived solely from the issuance of new Stock (other than Prohibited Preferred Stock) by Inseego Corp. after the Closing Date;” 

“(g)    Dividends or distributions to Inseego Corp. for the purpose of permitting Inseego Corp. to
make the following payments upon or substantially concurrently with the receipt by Inseego Corp. of such dividends or distributions: the Feeney Merger Payment to the extent permitted under this Agreement, payments permitted by clause (q)

  
 3 

 
of the definition of Permitted Indebtedness, and/or payments permitted by clause (s) of the definition of Permitted Investments.” 

2.6    Clause (iv) of Section 7.11(b) of the Credit Agreement is hereby amended to read in its entirety as
follows: 
 “(iv) [Intentionally Omitted],” 

2.7    The first sentence of Section 7.9(a) of the Credit Agreement is hereby amended by deleting the reference to
“Novatel Wireless, Inc.” that appears therein and replacing it with “Inseego Corp.” 

2.8    Section 12 of the Credit Agreement is hereby amended by deleting each reference to “Novatel Wireless,
Inc.” that appears therein and replacing it with “Inseego Corp.” 
 2.9    The following new defined
terms are hereby added to Schedule 1.1 to the Credit Agreement in the appropriate alphabetical position: 

“Contribution Documents” means that certain Contribution Agreement, dated as of November 8, 2016, by and among
Novatel Wireless, Inc. and Inseego Corp., and all other documents related thereto and executed in connection therewith.” 

“Inseego Corp.” means Inseego Corp., a Delaware corporation.” 

“Tenth Amendment Date” means November 8, 2016.” 

“Vanilla Merger Documents” means that certain Agreement and Plan of Merger, dated as of November 7, 2016, by
and among Novatel Wireless, Inc., New Guarantor, and Vanilla Merger Sub, Inc., and all other documents related thereto and executed in connection therewith.” 

2.10    The definition of “Change of Control” set forth in Schedule 1.1 to the Credit Agreement is
hereby amended by deleting the reference to each of “Novatel Wireless, Inc.” and “a Borrower” that appear therein and replacing such references in each case with “Inseego Corp.” 

2.11    The definition of “Convertible Note Documents” set forth in Schedule 1.1 to the Credit
Agreement is hereby amended to read in its entirety as follows: 
 ““Convertible Note Documents” means
the Convertible Notes, the Indenture dated on or about June 10, 2015 between Novatel Wireless, Inc. and Wilmington Trust, National Association, as trustee, and all other documents related thereto and executed in connection therewith, as such may
after the Tenth Amendment Date be assigned to or exchanged for Convertible Notes of Inseego Corp. in substantially the same form.” 

2.12    The definition of “Convertible Notes” set forth in Schedule 1.1 to the Credit Agreement is
hereby amended to read in its entirety as follows: 

  
 4 

 ““Convertible Notes” means Novatel Wireless, Inc.’s
5.50% Convertible Senior Notes Due 2020 as described in the Private Placement Memorandum, as such may after the Tenth Amendment Date be assigned to or exchanged for substantially similar Notes of Inseego Corp.”

2.13    The definition of “EBITDA” set forth in Schedule 1.1 to the Credit Agreement is hereby
amended by deleting the reference to each of “Borrowers’ and their Subsidiaries” and “Novatel Wireless, Inc.” that appears therein and replacing such reference in each case with “Inseego Corp.” and deleting the
reference to “from DigiCore” that appears therein and replacing such reference with “from, directly or indirectly, DigiCore”. 

2.14    The definition of “Feeney Merger Amendment” set forth in Schedule 1.1 to the Credit
Agreement is hereby amended to read in its entirety as follows: 
 ““Feeney Merger Amendment” means
that certain Amendment No. 1 to Agreement and Plan of Merger, dated as of January 5, 2016, by and between Novatel Wireless, Inc. and Ethan Ralston, in his capacity as Stockholders’ Representative and Amendment No. 1 to Escrow Agreement, dated
as of January 5, 2016, by and between Novatel Wireless, Inc., Ethan Ralston, in his capacity as Stockholders’ Representative, and Wilmington Trust, N.A., as escrow agent, as the same may be assigned to and/or assumed by Inseego Corp.” 

2.15    The definition of “Feeney Merger Documents” set forth in Schedule 1.1 to the Credit
Agreement is hereby amended to read in its entirety as follows: 
 ““Feeney Merger Documents” means
that certain Agreement and Plan of Merger, dated as of March 27, 2015, by and among Novatel Wireless, Inc., Duck Acquisition, Inc., R.E.R. Enterprises, Inc., the stockholders of R.E.R. Enterprises, Inc. party thereto, and Ethan Ralston, as the
shareholder representative, and all other documents related thereto and executed in connection therewith, as the same may be assigned to and/or assumed by Inseego Corp.” 

2.16    The definition of “Feeney Merger Payment” set forth in Schedule 1.1 to the Credit
Agreement is hereby amended to read in its entirety as follows: 
 ““Feeney Merger Payment” means any
payment required to be made by Novatel Wireless, Inc. pursuant to Section 2.1(a) of the Agreement and Plan of Merger, dated as of March 27, 2015, by and among Novatel Wireless, Inc., Duck Acquisition, Inc., R.E.R. Enterprises, Inc., the stockholders
of R.E.R. Enterprises, Inc. party thereto, and Ethan Ralston, in his capacity as Stockholders’ Representative, as amended by the Feeney Merger Amendment, as the same may be assigned to and/or assumed by Inseego Corp.” 

2.17    The definition of “Interest Expense” set forth in Schedule 1.1 to the Credit Agreement is
hereby amended by deleting the reference to “Novatel Wireless, Inc.” that appear therein and replacing such reference with “Inseego Corp.” 

2.18    Clause (j) of the definition of “Permitted Acquisition” set forth in Schedule 1.1
to the Credit Agreement is hereby amended to read in its entirety as follows: 

  
 5 

 “(j)    the purchase consideration payable in respect of
Permitted Acquisitions (including deferred payment obligations) individually or in the aggregate, during any twelve-month period, shall not exceed $15,000,000; provided that such limit shall be $25,000,000 so long as the portion of the purchase
consideration that is paid from a source other than the proceeds of Stock issued after the Closing Date but before the Tenth Amendment Date by Novatel Wireless, Inc. or after the Tenth Amendment Date by Inseego Corp. (in each case, in connection
with Permitted Acquisitions) does not exceed $15,000,000.” 
 2.19    Clause (q) of the definition of
“Permitted Indebtedness” set forth in Schedule 1.1 to the Credit Agreement is hereby amended by deleting the references to “Novatel Wireless, Inc.” that appear therein and replacing such references with
“Novatel Wireless, Inc., or Inseego Corp., as the case may be”. 
 2.20    The definition of
“Permitted Intercompany Advances” set forth in Schedule 1.1 to the Credit Agreement is hereby amended to read in its entirety as follows: 

““Permitted Intercompany Advances” means loans made by (a) a Loan Party to another Loan Party
(provided that the aggregate outstanding balance of loans made by (x) the Borrowers to the Loan Parties that are not Borrowers (other than Inseego Corp. for the purpose of permitting Inseego Corp. to make the following payments upon or
substantially concurrently with the receipt by Inseego Corp. of such loans: the Feeney Merger Payment to the extent permitted under this Agreement, payments permitted by clause (q) of the definition of Permitted Indebtedness, and/or payments
permitted by clause (s) of the definition of Permitted Investments) shall not at any time exceed the sum of (A) $500,000 less (B) the outstanding aggregate amount of Investments described in clause (l) of the definition of Permitted
Investments, and (y) any Loan Party to any Loan Party that is not organized under one of the States of the United States shall not exceed $250,000; provided that the foregoing limitations shall not restrict the amount of loans made by
Borrowers to non-Borrowers that are funded with the proceeds of the issuance of Stock of Novatel Wireless, Inc. after the Closing Date but before the Tenth Amendment Date or of Inseego Corp. after the Tenth Amendment Date for the purpose of
consummating, but only to the extent necessary to consummate, a Permitted Acquisition), (b) a Subsidiary of a Loan Party which is not a Loan Party to another Subsidiary of a Loan Party which is not a Loan Party, and (c) a Subsidiary of a Loan Party
which is not a Loan Party to a Loan Party, so long as the parties thereto are party to an Intercompany Subordination Agreement.” 

2.21    The definition of “Permitted Investments” set forth in Schedule 1.1 to the Credit
Agreement is hereby amended by amending clause (l) thereof to read in its entirety as set forth below, and by deleting the references to “Novatel Wireless, Inc.” that appear in clause (s) thereof and replacing such references with
“Novatel Wireless, Inc., or, after the Tenth Amendment Date, Inseego Corp.”: 

“(l)    Investments in the form of capital contributions and the acquisition of Stock made by any Loan
Party in any other Loan Party (other than capital contributions to or the acquisition of Stock of a Borrower by a Guarantor other than Inseego Corp.); 

  
 6 

 
provided that outstanding Investments made by Borrowers in any Loan Parties that are not Borrowers shall not at any time exceed the sum of (A) $500,000 less (B) the outstanding aggregate
amount of outstanding loans described under subclause (x) of clause (a) of the definition of Permitted Intercompany Advances; provided that the foregoing limitations shall not restrict the amount of Investments made by Borrowers
in non-Borrowers that are funded with the proceeds of the issuance of Stock of Novatel Wireless, Inc. after the Closing Date but before the Tenth Amendment Date or of Inseego Corp. after the Tenth Amendment Date for the purpose of consummating, but
only to the extent necessary to consummate, a Permitted Acquisition;” 
 2.22    The definition of
“Subsidiary” set forth in Schedule 1.1 to the Credit Agreement is hereby amended by deleting the reference to “Novatel” that appears therein and replacing such reference with “Novatel Wireless, Inc., or Inseego
Corp., as the case may be”.” 
 2.23    Schedule 6.1 to the Credit Agreement is hereby amended by
deleting the references to “the Borrowers and their respective Subsidiaries” that appear therein and replacing such references with “Inseego Corp. and its Subsidiaries”. 

2.24    Exhibit A to the Credit Agreement is hereby replaced in its entirety with Annex C attached to this
Amendment. 
 2.25    Exhibit D to the Credit Agreement is hereby amended as follows: 

(a)    All references to “the Second Amendment Date” set forth therein shall be replaced with “the Tenth
Amendment Date”.
 (b)    Section 5.1(d) is hereby amended be deleting each reference to “Novatel
Wireless, Inc.” that appears therein and replacing it with “Inseego Corp.” 
 (c)    The following new
Section 5.33 is hereby added to the end of Exhibit D: 
 “5.33    Vanilla Merger
Documents and Contribution Documents. As of the Tenth Amendment Date, Inseego Corp. has delivered to Lender a complete and correct copy of the Vanilla Merger Documents and Contribution Documents, including all schedules and exhibits
thereto. The execution, delivery and performance of each of the Vanilla Merger Documents and Contribution Documents has been duly authorized by all necessary action on the part of each party thereto. Each Vanilla Merger Document and
Contribution Document is the legal, valid and binding obligation of each party thereto, enforceable against each such party in accordance with its terms, in each case except (i) as may be limited by applicable bankruptcy, insolvency, reorganization,
moratorium or other similar laws relating to or affecting generally the enforcement of creditors’ rights and (ii) the availability of the remedy of specific performance or injunctive or other equitable relief is subject to the discretion of the
court before which any proceeding therefor may be brought. No party to any Vanilla Merger Document or Contribution Document is in default in the performance or compliance with any material provisions thereof. As of the Tenth Amendment
Date, all representations and warranties made by each party in the Vanilla Merger Documents and Contribution Documents and in any certificates delivered in connection therewith were true and correct in all material

  
 7 

 
respects. None of the representations or warranties of any other Person in the Vanilla Merger Documents or Contribution Documents contain any untrue statement of a material fact or omit any
fact necessary to make the statements therein not misleading, in any case that could reasonably be expected to result in a Material Adverse Change. On the Tenth Amendment Date, the transactions contemplated by the Vanilla Merger Documents and
Contribution Documents have been or will be consummated in all material respects, in accordance with all applicable laws. As of the Tenth Amendment Date, all requisite approvals by Governmental Authorities having jurisdiction over each party
thereto with respect to such transactions have been obtained (including filings or approvals required under the Hart-Scott-Rodino Antitrust Improvements Act, if applicable), except for any approval the failure to obtain would not reasonably be
expected to result in a Material Adverse Change.” 
 2.26    Exhibit E to the Credit Agreement is hereby
replaced in its entirety with Annex D attached to this Amendment. 
 3.    Consents. Upon satisfaction of the
conditions precedent set forth in Section 5 of this Amendment (other than the filing of the Merger in the State of Delaware) and notwithstanding any restrictions in the Credit Agreement, Lender hereby consents to (i) the Merger, which shall be
deemed to constitute a “Permitted Acquisition” under the Credit Agreement, (ii) the Change of Control resulting from the Merger, (iii) the Contribution and (iv) the change in the organizational documents of Novatel Wireless, Inc. as
attached to the Secretary’s Certificate of such Borrower delivered to the Lender on the date hereof. In addition, notwithstanding the requirement in each Patent and Trademark Security Agreement that the applicable Loan Party provide written
notice to Lender of intellectual property not listed therein within 30 days after the end of each fiscal quarter of such Loan Party, Lender hereby agrees that the amendment to Exhibit E to the Credit Agreement pursuant to Annex D attached to this
Amendment shall constitute timely notice with respect to any such intellectual property of Novatel and Feeney Wireless listed in such Exhibit E. From and after the date of this Amendment, each of Novatel and Feeney Wireless shall timely deliver any
such notice as required pursuant to the applicable Patent and Trademark Security Agreement. 
 4.    Amendment
Fee. Intentionally Omitted.
 5.    Effectiveness of this Amendment. This Amendment (other than the consents set
forth in Section 3 above which shall be effective on the date hereof) shall be effective upon Lender’s receipt of the following items, in form and content acceptable to the Lender: 

5.1    This Amendment, duly executed in a sufficient number of counterparts for distribution to all parties; 

5.2    The Continuing Guaranty duly executed by New Guarantor; 

5.3    A Pledged Interests Addendum duly executed by New Guarantor; 

5.4    A Patent and Trademark Security Agreement duly executed by New Guarantor; 

5.5    A First Amendment to Patent and Trademark Security Agreement duly executed by Novatel and a First Amendment to
Patent and Trademark Security Agreement duly executed by Feeney Wireless; 
 5.6    Current searches of New Guarantor
showing that no Liens have been filed and remain in effect against such Person other than Permitted Liens; 
 5.7    A
perfected first priority security interest in the assets of New Guarantor (subject to Permitted Liens); 
 5.8    Such
forms and verifications as Lender may need to comply with the U.S.A. Patriot Act and any other regulatory or internal policies applicable to or mandated by Lender; 

  
 8 

 5.9    An opinion of counsel to the New Guarantor; 

5.10    The Merger shall have been consummated in accordance with the terms of the Vanilla Merger Documents, the forms of
which shall have been approved by Lender, and no terms or conditions of the Vanilla Merger Documents (other than any immaterial terms or conditions) shall have been waived without the consent of Lender; 

5.11    A certificate from the Secretary or Assistant Secretary of each Loan Party and New Guarantor (i) attesting to
the Governing Documents of such Loan Party and New Guarantor, as applicable, (ii) attesting to the resolutions of the Board of such Loan Party and New Guarantor, as applicable, authorizing its execution, delivery, and performance of this
Amendment and the other Loan Documents to which such Loan Party and New Guarantor, as applicable, is a party, (iii) authorizing specific officers of such Loan Party and New Guarantor, as applicable, to execute the same, and (iv) attesting to
the incumbency and signatures of such specific officers of such Loan Party and New Guarantor, as applicable; 

5.12    Certificates of status with respect to New Guarantor issued by (i) the appropriate officer of the jurisdiction of
organization of such Person and (ii) the appropriate officer of the jurisdictions (other than the jurisdiction of organization of New Guarantor) in which the failure to be duly qualified or licensed would constitute a Material Adverse Change, which
certificates shall indicate that such Person is in good standing in such jurisdiction; 
 5.13    The representations
and warranties set forth in this Amendment must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality
in the text thereof); and 
 5.14    All other documents and legal matters in connection with the transactions
contemplated by this Amendment shall have been delivered or executed or recorded, as reasonably required by the Lender. 

6.    Post-Amendment Covenants. The obligations of Lender to continue to make Advances (or otherwise extend credit hereunder)
is subject to the satisfaction of the following covenants, and the failure by Borrowers to so perform or cause to be performed the following as and when required, unless extended or otherwise waived in writing by Lender (in Lender’s sole
discretion), shall constitute an Event of Default: 
 6.1    Within 90 days after the date of this Amendment, Borrowers
shall provide to Lender a Cession and Pledge in Security, duly executed by New Guarantor, pledging 65% of the total outstanding voting Stock of DigiCore Holdings Limited, in form and substance reasonably satisfactory to Lender, stock certificates
and stock powers or their equivalents evidencing such pledge, and such other documentation, including an opinion of counsel reasonably satisfactory to Lender, which in its opinion is appropriate with respect to such pledge; 

6.2    Within 30 days after the date of this Amendment, Borrowers shall provide to Lender Cash Management Documents and a
Control Agreement duly executed by New Guarantor, which shall be in form and substance reasonably satisfactory to Lender; 

  
 9 

 6.3    Within 30 days after the date of this Amendment, Borrowers shall
provide to Lender certificates of insurance and endorsements relating to New Guarantor, which shall be in form and substance reasonably satisfactory to Lender; and 

6.4    Within 5 days after the date of this Amendment, stock certificates and stock powers or their equivalents evidencing
the pledge by New Guarantor of the equity interests in Novatel, RER Enterprises and Novatel Wireless Solutions, Inc. 

7.    Representations and Warranties. The Loan Parties and New Guarantor each represent and warrant as follows: 

7.1    Authority. The Loan Parties and New Guarantor each has the requisite corporate or limited liability
company, as applicable, power and authority to execute and deliver this Amendment, and to perform its obligations hereunder and under the Loan Documents (as amended or modified hereby) to which it is a party. The execution, delivery and
performance by the Loan Parties and New Guarantor of this Amendment have been duly approved by all necessary corporate or limited liability company, as applicable, action and no other corporate or limited liability company, as applicable,
proceedings are necessary to consummate such transactions. 
 7.2    Enforceability. This Amendment has been
duly executed and delivered by the Loan Parties and New Guarantor. This Amendment and each Loan Document (as amended or modified hereby) is the legal, valid and binding obligation of each Loan Party and New Guarantor, enforceable against each
Loan Party and New Guarantor in accordance with its terms, except as enforcement may be limited by equitable principles or by bankruptcy, insolvency, reorganization, moratorium, or similar laws relating to or limiting creditors’ rights
generally, and is in full force and effect. 
 7.3    Representations and Warranties. Subject to the
effectiveness of this Amendment and Exhibit E attached hereto, the representations and warranties contained in each Loan Document (other than any such representations or warranties that, by their terms, are specifically made as of a date
other than the date hereof) are true and correct in all material respects on and as of the date hereof as though made on and as of the date hereof. 

7.4    Due Execution. The execution, delivery and performance of this Amendment are within the corporate or
limited liability company, as applicable, power of each Loan Party and New Guarantor, have been duly authorized by all necessary action, have received all necessary governmental approval, if any, and do not contravene any law or any contractual
restrictions binding on any Loan Party or New Guarantor except to the extent that any such contravention could not individually or in the aggregate reasonably be expected to cause a Material Adverse Change. 

7.5    No Default. Upon the effectiveness of this Amendment and the consents set forth in Section 3, no event
has occurred and is continuing that constitutes a Default or an Event of Default. 
 8.    No Waiver. Except as otherwise
expressly provided herein, the execution of this Amendment and the acceptance of all other agreements and instruments related hereto shall not 

  
 10 

 
be deemed to be a waiver of any Default or Event of Default under the Credit Agreement or a waiver of any breach, default or event of default under any other Loan Document or other document held
by Lender, whether or not known to Lender and whether or not existing on the date of this Amendment. 
 9.    Release. Each
of the Loan Parties and New Guarantor hereby absolutely and unconditionally releases and forever discharges Lender, and any and all participants, parent corporations, subsidiary corporations, affiliated corporations, insurers, indemnitors,
successors and assigns thereof, together with all of the present and former directors, officers, agents and employees of any of the foregoing, from any and all claims, demands or causes of action of any kind, nature or description, whether arising
in law or equity or upon contract or tort or under any state or federal law or otherwise, which the Loan Parties and New Guarantor have had, now have or have made claim to have against any such person for or by reason of any act, omission, matter,
cause or thing whatsoever arising from the beginning of time to and including the date of this Amendment, whether such claims, demands and causes of action are matured or unmatured or known or unknown. It is the intention of the Loan Parties
and New Guarantor in executing this release that the same shall be effective as a bar to each and every claim, demand and cause of action specified and in furtherance of this intention the Loan Parties and New Guarantor each waives and relinquishes
all rights and benefits under Section 1542 of the Civil Code of the State of California, which provides: 
 “A
GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MIGHT HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE
DEBTOR.” 
 The parties acknowledge that each may hereafter discover facts different from or in addition to those now known or believed to be true with
respect to such claims, demands, or causes of action and agree that this instrument shall be and remain effective in all respects notwithstanding any such differences or additional facts. 

10.    Costs and Expenses. Borrowers hereby reaffirm their agreement under the Credit Agreement to pay or reimburse Lender on
demand for all Lender Expenses incurred by Lender in connection with the Loan Documents. Without limiting the generality of the foregoing, Borrowers specifically agree to pay all reasonable and documented (to the extent such documentation is
reasonably requested by Borrowers) out-of-pocket fees and disbursements of counsel to Lender for the services performed by such counsel in connection with the preparation of this Amendment and the documents and instruments incidental
hereto. Borrowers hereby agree that Lender may, at any time or from time to time in its sole discretion and without further authorization by Borrowers, make an Advance to the Borrowers under the Credit Agreement, or apply the proceeds of any
Advance, for the purpose of paying any such fees, disbursements, costs and expenses. 
 11.    Choice of Law; Venue; Jury Trial
Waiver; Arbitration. The validity of this Amendment, its construction, interpretation and enforcement, and the rights of the parties hereunder shall be 

  
 11 

 
determined under, governed by, and construed in accordance with the internal laws of the State of California governing contracts only to be performed in that State. All of the terms of
Section 13 of the Credit Agreement are hereby incorporated by reference into this Amendment, mutatis mutandis. 

12.    Counterparts. This Amendment may be executed in any number of counterparts and by different parties and separate
counterparts, each of which when so executed and delivered, shall be deemed an original, and all of which, when taken together, shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page to this
Amendment by telefacsimile or “pdf” file or other similar method of electronic transmission shall be effective as delivery of a manually executed counterpart of this Amendment. 

13.    Reference to and Effect on the Loan Documents. 

13.1    Upon and after the effectiveness of this Amendment, each reference in the Credit Agreement to “this
Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in the other Loan Documents to “the Credit Agreement”, “thereof” or words of like import
referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement as modified and amended hereby. 

13.2    Except as specifically amended by this Amendment, the Credit Agreement and all other Loan Documents, are and shall
continue to be in full force and effect and are hereby in all respects ratified and confirmed and shall constitute the legal, valid, binding and enforceable obligations of the Loan Parties and New Guarantor to the Lender and Bank Product Providers,
except as enforcement may be limited by equitable principles or by bankruptcy, insolvency, reorganization, moratorium, or similar laws relating to or limiting creditors’ rights generally. 

13.3    The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein,
operate as a waiver of any right, power or remedy of the Lender under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents. 

13.4    To the extent that any terms and conditions in any of the Loan Documents shall contradict or be in conflict with
any terms or conditions of the Credit Agreement, after giving effect to this Amendment, such terms and conditions are hereby deemed modified or amended accordingly to reflect the terms and conditions of the Credit Agreement as modified or amended
hereby. 
 13.5    This Amendment shall be deemed to be a “Loan Document” (as defined in the Credit
Agreement). 
 14.    Ratification. The Loan Parties and New Guarantor each hereby restate, ratify and reaffirm each and
every term and condition set forth in the Credit Agreement and the other Loan Documents to which it is a party, in each case as amended by this Amendment, effective as of the date hereof. 

15.    Estoppel. To induce the Lender to enter into this Amendment and to continue to make Advances or issue Letters of Credit
to or for the account of the Borrowers under the Credit 

  
 12 

 
Agreement, the Loan Parties and New Guarantor each hereby acknowledges and agrees that, as of the date hereof, there exists no right of offset, defense, counterclaim or objection in favor of the
Loan Parties or New Guarantor as against the Lender or any Bank Product Provider with respect to the Obligations. 

16.    Integration; Conflict; Successors and Assigns; Amendment. This Amendment, together with the other Loan Documents,
incorporates all negotiations of the parties hereto with respect to the subject matter hereof and is the final expression and agreement of the parties hereto with respect to the subject matter hereof. In the event of any conflict between this
Amendment and the Credit Agreement, the terms of this Amendment shall govern. This Amendment shall bind and inure to the benefit of the respective successors and assigns of each of the parties, subject to the provisions of the Credit Agreement
and the other Loan Documents. No amendment or modification of this Amendment shall be effective unless it has been agreed to by Lender in a writing that specifically states that it is intended to amend or modify this Amendment. 

17.    Severability. In case any provision in this Amendment shall be invalid, illegal or unenforceable, such provision shall
be severable from the remainder of this Amendment and the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 

[signature pages follow] 

  
 13 

 IN WITNESS WHEREOF, the parties have entered into this Amendment as of the date first above
written. 
  

			
	BORROWERS:
	
	NOVATEL WIRELESS, INC.
	By:	 	/s/ Michael A. Newman
	Name: 	 	Michael A. Newman
	Title:	 	Executive Vice President, Chief Financial Officer and Assistant Secretary
	
	ENFORA, INC.
		
	By:	 	/s/ Michael A. Newman
	Name:	 	Michael A. Newman
	Title:	 	Executive Vice President, Chief Financial Officer and Assistant Secretary
	
	FEENEY WIRELESS, LLC
		
	By:	 	/s/ Michael A. Newman
	Name:	 	Michael A. Newman
	Title:	 	Executive Vice President, Chief Financial Officer and Assistant Secretary
	
	GUARANTORS:
	
	R.E.R. ENTERPRISES, INC.
		
	By:	 	/s/ Michael A. Newman
	Name:	 	Michael A. Newman
	Title:	 	Executive Vice President, Chief Financial Officer and Assistant Secretary
	
	FEENEY WIRELESS IC-DISC, INC.
		
	By:	 	/s/ Michael A. Newman
	Name:	 	Michael A. Newman
	Title:	 	Executive Vice President, Chief Financial Officer and Assistant Secretary

  
 [Joinder and Tenth
Amendment] 

			
	
	NEW GUARANTOR:
	
	INSEEGO CORP.
		
	By:	 	/s/ Michael A. Newman
	Name: 	 	Michael A. Newman
	Title:	 	Executive Vice President, Chief Financial Officer and Assistant Secretary

  
 [Joinder and Tenth
Amendment] 

 
			
	
	LENDER:
	
	 WELLS FARGO BANK,

NATIONAL ASSOCIATION

		
	By:	 	/s/ Robin Van Meter
	Name: 	 	Robin Van Meter
	Title:	 	Authorized Signatory

  
 [Joinder and Tenth
Amendment]

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