Document:

EX-10.2

 Exhibit 10.2 

CHIEF CREATIVE OFFICER EMPLOYMENT AGREEMENT 

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into and effective as of January 3, 2022 (the “CCO Effective
Date”), by and between Brian Mariotti, a Washington resident (“Employee”), and Funko, Inc., a Delaware corporation (any of its affiliates as may employ the Employee from time to time, and any successor(s) thereto, the
“Company”). 
 RECITALS 

WHEREAS, the Employee is currently employed by the Company as its Chief Executive Officer pursuant to the terms of that certain Amended
and Restated Employment Agreement by and between the Employee and Funko, LLC, dated as of October 30, 2015 (the “2015 Agreement”); 

WHEREAS, Employee desires to be employed by the Company as Chief Creative Officer pursuant to the terms and conditions of this
Agreement, which will replace and supersede the 2015 Agreement in its entirety effective as of the CCO Effective Date (and for the avoidance of doubt, prior to which Employee will remain employed by the Company pursuant to the terms and conditions
of the 2015 Agreement); and 
 WHEREAS, the Company desires to enter into this Agreement with Employee to employ Employee as Chief
Creative Officer following the CCO Effective Date, pursuant to the terms and conditions set forth in this Agreement. 
 NOW,
THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 

1. Employment. The Company agrees to employ Employee on the terms and conditions set forth in this Agreement, and Employee accepts such
employment and agrees to perform the services and duties for the Company as herein provided for the period and upon the other terms and conditions set forth in this Agreement. 

2. Term. Unless earlier terminated pursuant to the terms of Section 7 hereof, Employee shall be employed by the Company for the
period commencing as of the CCO Effective Date and ending on the third (3rd) anniversary of the CCO Effective Date (the “Initial Term”), subject to automatic renewal periods for up to
two additional one (1)-year periods, unless either party provides the other party with ninety (90) days’ advance written notice prior to the end of the Initial Term or any such renewal period, as applicable, of such party’s intent not
to renew (the Initial Term and any such renewal period, the “Term”). 
 3. Position and Duties. 

3.01 Title. During the Term, Employee agrees to serve as the Company’s Chief Creative Officer. During the Term, the Company’s
Board of Directors (the “Board”) shall nominate Employee for re-election as a member of the Board at the expiration of his then current term; provided, that the foregoing shall not be required
to the extent prohibited by legal or regulatory requirements. 

  
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 3.02 Location; Duties. During the Term, Employee’s primary workplace shall be
the Company’s offices in Everett, Washington or such other Company offices as may be agreed to between Employee and the Board from time to time, except (a) for usual and customary travel on the Company’s business and (b) that
Employee may work from his home or from other Company offices as may be agreed to between Employee and the Board from time to time, except for usual and customary travel on the Company’s business. During the Term, Employee agrees to serve the
Company, and Employee will faithfully and to the best of his ability discharge the duties associated with his position of Chief Creative Officer and will devote his full time during business hours for the Company and to the business and affairs of
the Company, its direct and indirect subsidiaries and its affiliates. Employee hereby confirms that during the Term, he will not render or perform services for any other corporation, firm, entity or person. Employee recognizes that he will be
required to travel to perform certain of his duties. Employee shall report to, and be subject to the direction of, the Company’s Chief Executive Officer, or if determined by the Board, the Board. During the Term, Employee shall be employed by
the Company on a full time basis. Notwithstanding the foregoing, Employee shall be permitted to participate in, and be involved with, such community, educational, charitable, professional, and religious organizations so long as such participation
does not, in the judgment of the Board interfere with the performance of or create a potential conflict with Employee’s duties hereunder. 

4. Compensation. 
 4.01
Base Salary. During the Term, the Company shall pay to Employee a base annual salary of one million dollars ($1,000,000) (“Base Salary”), which salary shall be paid in accordance with the Company’s normal payroll procedures and
policies. 
 4.02 Annual Bonus. During the Term, Employee shall be eligible to receive a bonus pursuant to an annual
performance-based incentive compensation program to be established by the Board, with Employee’s annual target to be up to 150% of Employee’s then Base Salary; provided, however, that the Company reserves the right to establish such lesser
target if done in good faith and as a result of Company’s legitimate business needs. Notwithstanding the preceding sentence, Employee’s bonus, if any, may be below (including zero), at, or above, the annual target based upon the
achievement of the performance objectives, as determined by the Company in its sole discretion, and payment of any bonus described in this Section 4.02 shall be according to the established plan and subject to Employee’s continued
employment by the Company through the date the bonus is paid pursuant to the annual performance-based incentive compensation program. With respect to any bonus year during the Term, the Board or a committee thereof may in its discretion establish a
maximum payout level, in excess of the annual target, to be payable to Employee to the extent that actual performance exceeds the performance objectives. 

4.03 Benefits. During the Term, Employee may participate in all employee benefit plans or programs of the Company consistent with such
plans and programs of the Company. The Company does not guarantee the adoption or continuance of any particular employee benefit plan or program during the Term, and Employee’s participation in any such plan or program shall be subject to the
provisions, rules and regulations applicable thereto. 

  
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 4.04 Equity Awards. Following the CCO Effective Date, the Employee shall be eligible
to participate in the Company’s equity incentive plan then in effect and receive equity awards thereunder, as determined by the Board or a committee thereof in its sole discretion and subject to the terms of the Company’s equity incentive
plan then in effect and an applicable award agreement. Effective immediately prior to the closing of a Change in Control (as defined below in Section 7.06(b)), any unvested equity award, whether made before, on, or after the date of this
Agreement, will accelerate and vest in full. 
 4.05 Expenses; Contributions. During the Term, the Company agrees to reimburse all
reasonable business expenses incurred by Employee consistent with the Company’s policies regarding reimbursement in the performance of Employee’s duties under this Agreement. 

4.06 Paid Time Off. During the Term, Employee shall be entitled to vacation, sick leave and holidays in accordance with the policy of
the Company as to its senior executives. 
 4.07 Indemnification and Additional Insurance. The Company shall indemnify Employee with
respect to matters relating to Employee’s services as an officer of the Company or any of its affiliates, occurring during the course and scope of Employee’s employment with the Company to the extent required by, and pursuant to the
provisions in the, Delaware law. The Company may also cover Employee under a policy of officers’ and directors’ liability insurance providing coverage that is comparable to that provided now or hereafter to other senior executives of the
Company. 
 5. Confidential Information and Proprietary Information. 

5.01 Confidential Information. During the Term and at all times thereafter, Employee shall not divulge, furnish or make accessible to
anyone or use in any way (other than in the ordinary course of the business of the Company or any of its affiliates) any confidential or secret knowledge or information of the Company or any of its affiliates which Employee has acquired or become
acquainted with prior to the termination of the period of his employment by the Company (including employment by the Company or any affiliated companies prior to the date of this Agreement), whether developed by himself or by others, including,
without limitation, any trade secrets, confidential or secret designs, processes, formulae, plans, devices or material (whether or not patented or patentable) directly or indirectly useful in any aspect of the business of the Company or any of its
affiliates, any customer or supplier lists of the Company or any of its affiliates, any confidential or secret development or research work of the Company or any of its affiliates, or any other confidential information or secret aspect of the
business of the Company or any of its affiliates (collectively, “Confidential Information”). Employee acknowledges that (a) the Company and its affiliates have expended and shall continue to expend substantial amounts of time, money
and effort to develop business strategies, employee and customer relationships and goodwill and build an effective organization, (b) Employee is and shall become familiar with the Company’s and its affiliates’ Confidential
Information, including trade secrets, and that Employee’s services are of special, unique and extraordinary value to the Company and its affiliates, (c) the above-described knowledge or information constitutes a unique and valuable asset
of the Company and its affiliates and the Company and its affiliates have a legitimate business interest and right in protecting its Confidential Information, business strategies, employee and 

  
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customer relationships and goodwill and (d) any disclosure or other use of such knowledge or information other than for the sole benefit of the Company and any of its affiliates would be
wrongful and would cause irreparable harm to the Company and any of its affiliates. However, the foregoing shall not apply to any knowledge or information which is now published or which subsequently becomes generally publicly known in the form in
which it was obtained from the Company or any of its affiliates, other than as a direct or indirect result of the breach of this Agreement by Employee. 

5.02 Proprietary Information. (a) Employee agrees that the results and proceeds of Employee’s services for the Company or its
affiliates (including, but not limited to, any trade secrets, products, services, processes, know-how, designs, developments, innovations, analyses, drawings, reports, techniques, formulas, methods,
developmental or experimental work, improvements, discoveries, inventions, ideas, source and object codes, programs, matters of a literary, musical, dramatic or otherwise creative nature, writings and other works of authorship) resulting from
services performed while an employee of the Company and any works in progress, whether or not patentable or registrable under copyright or similar statutes, that were made, developed, conceived or reduced to practice or learned by Employee, either
alone or jointly with others (collectively, “Inventions”), shall be works-made-for-hire and the Company (or, if applicable or as directed by the Company or any
of its affiliates) shall be deemed the sole owner throughout the universe of any and all trade secret, patent, copyright and other intellectual property rights (collectively, “Proprietary Rights”) of whatsoever nature therein, whether or
not now or hereafter known, existing, contemplated, recognized or developed, with the right to use the same in perpetuity in any manner the Company determines in its sole discretion, without any further payment to Employee whatsoever. If, for any
reason, any of such results and proceeds shall not legally be a work-made-for-hire and/or there are any Proprietary Rights which do not accrue to the Company (or, as the
case may be, any of its affiliates) under the immediately preceding sentence, then Employee hereby irrevocably assigns and agrees to assign any and all of Employee’s right, title and interest thereto, including any and all Proprietary Rights of
whatsoever nature therein, whether or not now or hereafter known, existing, contemplated, recognized or developed, to the Company (or, if applicable or as directed by the Company or any of its affiliates), and the Company or its affiliates shall
have the right to use the same in perpetuity throughout the universe in any manner determined by the Company or such affiliates without any further payment to Employee whatsoever. As to any Invention that Employee is required to assign, Employee
shall promptly and fully disclose to the Company all information known to Employee concerning such Invention. 
 (b) Employee agrees that,
from time to time, as may be requested by the Company and at the Company’s sole cost and expense, Employee shall do any and all things that the Company may reasonably deem useful or desirable to establish or document the Company’s
exclusive ownership throughout the United States of America or any other country of any and all Proprietary Rights in any such Inventions, including the execution of appropriate copyright and/or patent applications or assignments. To the extent
Employee has any Proprietary Rights in the Inventions that cannot be assigned in the manner described above, Employee unconditionally and irrevocably waives the enforcement of such Proprietary Rights. This Section 5.02 is subject to and shall
not be deemed to limit, restrict or constitute any waiver by the Company of any Proprietary Rights of ownership to which the Company may be entitled by operation of law by virtue of the Company’s being Employee’s employer. Employee further
agrees that, from time to time, as may 

  
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be requested by the Company and at the Company’s sole cost and expense, Employee shall assist the Company in every proper and lawful way to obtain and from time to time enforce Proprietary
Rights relating to Inventions in any and all countries. To this end, Employee shall execute, verify and deliver such documents and perform such other acts (including appearances as a witness) as the Company may reasonably request for use in applying
for, obtaining, perfecting, evidencing, sustaining, and enforcing such Proprietary Rights and the assignment thereof. In addition, Employee shall execute, verify, and deliver assignments of such Proprietary Rights to the Company or its designees.
Employee’s obligation to assist the Company with respect to Proprietary Rights relating to such Inventions in any and all countries shall continue beyond the termination of Employee’s employment with the Company. 

(c) Employee hereby waives and quitclaims to the Company any and all claims, of any nature whatsoever, that Employee now or may hereafter have
for infringement of any Proprietary Rights assigned hereunder to the Company. 
 (d) Notwithstanding the foregoing, this Section 5.02
does not apply to an invention for which no equipment, supplies, facility, or trade secret information of the Company was used and which was developed entirely on Employee’s own time, unless (a) the invention relates (i) directly to
the business of the Company, or (ii) to the Company’s actual or demonstrably anticipated research or development, or (b) the invention results from any work performed by Employee for the Company. 

5.03 Defend Trade Secrets Act. Employee acknowledges that, pursuant to 18 U.S.C. § 1833(b), an individual may not be held
liable under any criminal or civil federal or state trade secret law for disclosure of a trade secret (a) made in confidence to a government official, either directly or indirectly, or to an attorney, solely for the purpose of reporting or
investigating a suspected violation of law or (b) in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. Additionally, an individual suing an employer for retaliation based on the
reporting of a suspected violation of law may disclose a trade secret to his or her attorney and use the trade secret information in the court proceeding, so long as any document containing the trade secret is filed under seal and the individual
does not disclose the trade secret except pursuant to court order. 
 6. Non-competition and
Non-solicitation Covenants and Adversarial Restrictions. 
 6.01 Non-competition.
Employee agrees that, during the Term and for twelve months after the termination of Employee’s employment for any reason (the “Non-Compete Period”), Employee shall not, directly or indirectly,
(a) engage in activities or businesses (including without limitation by owning any interest in, managing, controlling, participating in, consulting with, advising, rendering services for, or in any manner engaging in the business of owning,
operating or managing any business) in any geographic location in which the Company, its subsidiaries or affiliates engage in, whether through selling, distributing, manufacturing, marketing, purchasing, or otherwise, that compete directly or
indirectly with the Company or any of its subsidiaries or affiliates (“Competitive Activities”), it being understood that Competitive Activities as of the date hereof include, without limitation, the manufacture, marketing, license,
distribution and sale of licensed pop culture products; or (b) assist any person in any way to do, or 

  
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attempt to do, anything prohibited by Section 6.01(a) above. Employee acknowledges (i) that the business of the Company and its affiliates is global in scope and
(ii) notwithstanding the jurisdiction of formation or principal office of the Company and its affiliates, or the location of any of their respective executives or employees (including, without limitation, Employee), it is expected that the
Company and its affiliates will have business activities and have valuable business relationships within their respective industries throughout the United States and abroad. 

6.02 Indirect Competition. Employee further agrees that, during the Term and the Non-Compete
Period, he will not, directly or indirectly, assist or encourage any other person in carrying out, direct or indirectly, any activity that would be prohibited by the above provisions of this Section 6 if such activity were carried out by
Employee, either directly or indirectly; and in particular, Employee agrees that he will not, directly or indirectly, induce any employee of the Company to carry out, directly or indirectly, any such activity. 

6.03 Non-solicitation. Employee further agrees that, during the Term and for a period of two
years after the termination of his employment (the “Non-Solicitation Period”), he will not, directly or indirectly, employ or hire, or assist or encourage any other person in seeking to employ or
hire any employee, consultant, advisor or agent of the Company or any of its affiliates or encouraging any such employee, consultant, advisor or agent to discontinue employment with the Company or any of its affiliates. 

6.04 Non-Disparagement. Employee agrees not to disparage the Company, any of its products or
practices, or any of its directors, officers, agents, representatives, partners, members, equity holders or affiliates, either orally or in writing, at any time, and the Company shall direct its directors and officers not to disparage Employee,
either orally or in writing, at any time; provided that Employee, the Company and the Company’s directors and officers may confer in confidence with their respective legal representatives and make truthful statements as required by law, or by
governmental, regulatory or self-regulatory investigations or as truthful testimony in connection with any litigation involving Employee and the Company or its affiliates. 

6.05 Enforceability. If a final and non-appealable judicial determination is made that any of
the provisions of this Section 6 constitutes an unreasonable or otherwise unenforceable restriction against Employee, the provisions of this Section 6 will not be rendered void but will be deemed to be modified to the minimum extent
necessary to remain in force and effect for the longest period and largest geographic area that would not constitute such an unreasonable or unenforceable restriction. Moreover, and without limiting the generality of Section 6, notwithstanding
the fact that any provision of this Section 6 is determined to not be enforceable through specific performance, the Company will nevertheless be entitled to recover monetary damages as a result of Employee’s breach of such provision. 

6.06 Acknowledgement. Employee acknowledges that Employee has carefully read this Agreement and has given careful consideration to the
restraints imposed upon Employee by this Agreement, and is in full accord as to the necessity of such restraints for the reasonable and proper protection of the Confidential Information, business strategies, employee and customer relationships and
goodwill of the Company and its subsidiaries and affiliates now existing or to be developed in the future. Employee expressly acknowledges and agrees that each and every 

  
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restraint imposed by this Agreement is reasonable with respect to subject matter, time period and geographical area. Employee further acknowledges that although Employee’s compliance with
the covenants contained in Sections 5 and 6 may prevent Employee from earning a livelihood in a business similar to the business of the Company, Employee’s experience and capabilities are such that Employee has other opportunities to earn
a livelihood and adequate means of support for Employee and Employee’s dependents. 
 7. Termination. 

7.01 Grounds for Termination. Employee’s employment with the Company shall terminate (a) by Employee for Good Reason,
(b) by the Company for Cause, (c) by the Employee without Good Reason, (d) by the Company without Cause or (e) on account of Employee’s death or Disability. Notwithstanding any termination of this Agreement and
Employee’s employment by the Company, Employee, in consideration of his employment hereunder to the date of such termination, shall remain bound by the provisions of this Agreement which specifically relate to periods, activities or obligations
upon or subsequent to the termination of Employee’s employment including without limitation the provisions of Sections 5, 6 and 8 hereof. 

7.02 Cause Defined. Termination of Employee’s employment by the Company for any of the following reasons shall be deemed
termination for “Cause”: (a) Employee’s willful failure to carry out, or comply with, in any material respect any lawful and reasonable directive of the Board not inconsistent with the terms of this Agreement or the parties’ past
practice; (b) conviction of Employee of, or Employee’s plea of no contest, plea of nolo contendere or imposition of adjudicated probation with respect to, any felony or crime involving moral turpitude or Employee’s indictment for any
felony or crime involving moral turpitude; provided if Employee is terminated following such indictment but is found not guilty or the indictment is dismissed, the termination shall be deemed to be a termination without Cause; or
(c) Employee’s commission at any time of any willful and material act of fraud, embezzlement, or misappropriation;; provided that the Company shall provide Employee with fifteen (15) days prior written notice before any such
termination with an opportunity to meet with the Board and discuss or cure any such alleged violation. 
 7.03 Good Reason Defined.
Termination of Employee’s employment by Employee for any of the following reasons shall be deemed for “Good Reason”: (a) a material adverse change in Employee’s title or reporting line or material duties, authorities or
responsibilities, as determined by the Board (provided, that Employee’s title, reporting line or material duties, authorities or responsibilities shall not be deemed to be materially adversely changed solely because the Company (or its
successor) is no longer an independently operated public entity or becomes a subsidiary of another entity); (b) a material breach by the Company of any material provision of this Agreement; (c) a material reduction of Employee’s Base
Salary or benefits or target bonus opportunity (other than such a reduction that is generally consistent with a general reduction affecting the Company’s other similarly situated executives); (d) failure by the Company to pay any portion of
Employee’s earned Base Salary or bonus; or (e) the Company’s requiring Employee to be headquartered at any office or location more than 50 miles from Everett, Washington, provided that in the case of all the above events, Employee may
not resign from his 

  
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employment for Good Reason unless he provides the Company written notice within 90 days after the initial occurrence of the event and at least 60 days prior to the date of termination, and the
Company has not corrected the event prior to the date of termination. For the avoidance of doubt, Employee acknowledges and agrees that Employee’s transition from the role of Chief Executive Officer to Chief Creative Officer of the Company in
accordance with the terms set forth in this Agreement and any action related thereto shall not constitute “Good Reason” as set forth in the Prior Agreement or any other agreement containing “Good Reason” or a similar concept
between Employee and the Company or any of its affiliates. 
 7.04 Surrender of Records and Property. Upon termination of his
employment with the Company for any reason, Employee shall deliver promptly to the Company all records, manuals, books, blank forms, documents, letters, memoranda, notes, notebooks, reports, data, tables, calculations or copies thereof, which are
the property of the Company or any of its affiliates or which relate in any way to the business, products, practices or techniques of the Company or any of its affiliates, and all other property, trade secrets and confidential information of the
Company or any of its affiliates, including, but not limited to, all documents which in whole or in part contain any trade secrets or confidential information of the Company or any of its affiliates, which in any of these cases are in his possession
or under his control. 
 7.05 Payments Upon Termination. (a) If this Agreement is terminated for any reason set forth in
Section 7, then Employee shall be entitled to receive (i) his earned but unpaid Base Salary through the date of the termination, (ii) any accrued and unused vacation or paid time off through the date of termination,
(iii) reimbursement of any business expenses incurred in the ordinary course of business through the date of termination that have not yet been reimbursed pursuant to Section 4.05, and (iv) any earned but unpaid bonus pursuant to
Section 4.02 for the calendar year prior to termination to the extent not yet paid when due (together, the “Accrued Compensation”). 

(b) If Employee’s employment is terminated pursuant to Section 7.01(a) or (d) and provided that Employee shall have executed
and delivered to the Company a release of claims substantially in the form attached hereto as Exhibit A (the “Release”) and any period for rescission of such Release shall have expired without Employee having rescinding such
Release, in addition to the Accrued Compensation, Employee shall be entitled to receive an amount equal to continuation of the Base Salary for up to twelve (12) months from the date of termination, payable in twelve equal monthly installments
in accordance with the Company’s regular payroll practices; reimbursement, up to a maximum of twelve (12) months, of the Company-paid portion of premium payments, as if Employee had remained an active employee, for any COBRA coverage
Employee elects, if any; and any unvested equity award, whether made before, on, or after the date of this Agreement, (1) that is subject solely to a time-based vesting condition will accelerate and vest in full and (2) that is subject to
subsequent performance-based vesting conditions shall be eligible to vest and be settled based on the actual achievement of the applicable performance objective(s) as if the date of termination was the end of the applicable performance period(s)
(the “Equity Acceleration”). 

  
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 7.06 Termination in Connection with a Change in Control. (a) Notwithstanding the
foregoing, if Employee’s employment is terminated pursuant to Section 7.01(a) or (d) on or within twelve (12) months following a Change in Control, and provided that Employee shall have executed and delivered to the Company the
Release and any period for rescission of such Release shall have expired without Employee having rescinded such Release, in addition to the Accrued Compensation but in lieu of any payments or benefits pursuant to Section 7.05(b), Employee shall
be entitled to receive an amount equal to continuation of the Base Salary for twelve (12) months from the date of termination, payable in twelve equal monthly installments in accordance with the Company’s regular payroll practices, and;
reimbursement, up to a maximum of twelve (12) months, of the Company-paid portion of premium payments, as if Employee had remained an active employee, for any COBRA coverage Employee elects, if any; and the Equity Acceleration. 

(b) For purposes of this Agreement, a “Change in Control” shall mean, following the CCO Effective Date, (i) a change in
ownership or control of Funko, Inc. effected through a transaction or series of transactions (other than an offering of common stock or units to the general public through a registration statement filed with the Securities and Exchange Commission)
whereby any “person” or related “group” of “persons” (as such terms are used in Sections 13(d) and 14(d)(2) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) (other than Funko, Inc., any
of their respective subsidiaries, ACON Equity Management, L.L.C., ACON Equity GenPar, L.L.C., any other entity owned or controlled by one or more of the managing members or managers of ACON Equity Management, L.L.C. or ACON Equity GenPar, L.L.C.
(collectively, “ACON”), any employee benefit plan maintained by Funko, Inc. or any of their respective subsidiaries, or a “person” that, prior to such transaction, directly or indirectly controls, is controlled by, or is under
common control with, Funko, Inc. or ACON), directly or indirectly acquires beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act) of securities of Funko, Inc. possessing more than fifty
percent (50%) of the total combined voting power of Funko, Inc.’s securities outstanding immediately after such acquisition; (ii) the majority of the members of the Board are replaced during any twelve (12) month period by directors
whose appointment or election is not endorsed by a majority of the Board, as applicable, prior to the date of such appointment or election; or (iii) a sale or other disposition of all or substantially all of the Company’s assets in any
single transaction or series of related transactions. 
 7.07 Termination on Account of Employee’s Death or Disability.
Notwithstanding the foregoing, if Employee’s employment is terminated pursuant to Section 7.01(e), and provided that Employee or Employee’s estate or legal representative shall have executed and delivered to the Company the Release
and any period for rescission of such Release shall have expired without Employee having rescinded such Release, in addition to the Accrued Compensation, Employee shall be entitled to receive the Equity Acceleration. For purposes of this Agreement,
“Disability” shall mean Employee shall be unable to perform substantially his work duties by reason of a physical or mental disability or infirmity for a period of three (3) consecutive months or a period of six (6) months during
any twelve (12) month period, or at such earlier time as Employee submits satisfactory medical evidence that he has a physical or mental disability or infirmity which will prevent him from returning to the performance of his work duties for six
(6) months or longer; the Company may terminate Employee’s employment hereunder by sending written notice of such termination to Employee (at any time after the expiration date of such three (3) or six (6) month period or the
submission of such satisfactory medical evidence). 

  
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 7.08 Mitigation. The amounts set forth in Section 7.05(b) shall be reduced by
any amount Employee receives as compensation from a subsequent employer during the severance period. 
 7.09 Termination of Offices
Held. Upon termination of his employment with the Company for any reason, Employee agrees that he shall immediately resign from any offices he holds with the Company or any of its affiliates, including any boards of directors or boards of
managers. 
 8. Miscellaneous. 

8.01 Governing Law: Venue. This Agreement is made under and shall be governed by and construed in accordance with the laws of the State
of Washington, regardless of the laws that might otherwise govern under applicable principles of conflict of law. 
 8.02 Prior
Agreements. This Agreement contains the entire agreement of the parties relating to the subject matter hereof and supersedes all prior agreements and understandings with respect to such subject matter, including, without limitation, the 2015
Agreement, and the parties hereto have made no agreement, representations or warranties relating to the subject matter of this Agreement which are not set forth herein. 

8.03 Withholding Taxes. The Company may withhold from any payments or benefits payable under this Agreement all federal, state, city or
other taxes as shall be required pursuant to any law or governmental regulation or ruling. 
 8.04 Amendments. No amendments or
modifications of this Agreement shall be deemed effective unless made in writing and signed by the parties hereto. 
 8.05 No Waiver.
No term or condition of this Agreement shall be deemed to have been waived, nor shall there by an estoppel to enforce any provisions of this Agreement, except by a statement in writing signed by the party against whom enforcement of the waiver or
estoppel is sought. Any written waiver shall not be deemed a continuing waiver unless specifically stated, shall operate only as to the specific term or condition waived and shall not constitute a waiver of such term or condition for the future or
as to any act other than that specifically waived 
 8.06 Section 409A. (a) For purposes of this Agreement,
“Section 409A” means Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), and the Treasury Regulations promulgated thereunder (and such other Treasury or Internal Revenue Service guidance) as in
effect from time to time. The parties intend that any amounts payable hereunder that could constitute “deferred compensation” within the meaning of Section 409A will be compliant with Section 409A or exempt from
Section 409A. Notwithstanding the foregoing, Employee shall be solely responsible and liable for the satisfaction of all taxes and penalties that may be imposed on or for the account of Employee in connection with this Agreement (including any
taxes and penalties under Section 409A), and neither the Company nor any of its Affiliates shall have any obligation to indemnify or otherwise hold Employee (or any beneficiary) harmless from any or all of such taxes or penalties. No provision
of this Agreement shall be interpreted or construed to transfer any liability for failure to comply with the requirements of Section 409A from the Employee or any other individual to the Company or any of its affiliates, employees or agents.

  
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 (b) Notwithstanding anything in this Agreement to the contrary, the following special rule
shall apply, if and to the extent required by Section 409A, in the event that (i) Employee is deemed to be a “specified employee” within the meaning of Section 409A(a)(2)(B)(i) of the Code, (ii) amounts or benefits
under this Agreement or any other program, plan or arrangement of the Company or a controlled group affiliate thereof are due or payable on account of “separation from service” within the meaning of Treasury Regulations Section 1.409A-l(h) and (iii) Employee is employed by a public company or a controlled group affiliate thereof: no payments hereunder that are “deferred compensation” subject to Section 409A
shall be made to Employee prior to the date that is six (6) months after the date of Employee’s separation from service or, if earlier, Employee’s date of death; following any applicable six (6) month delay, all such delayed
payments will be paid in a single lump sum on the earliest permissible payment date, without interest. 
 (c) Each payment made under this
Agreement (including each separate installment payment in the case of a series of installment payments) shall be deemed to be a separate payment for purposes of Section 409A. Amounts payable under this Agreement shall be deemed not to be a
“deferral of compensation” subject to Section 409A to the extent provided in the exceptions in Treasury Regulation Sections 1.409A-1(b)(4) (“short-term deferrals”) and (b)(9)
(“separation pay plans,” including the exception under subparagraph (iii)) and other applicable provisions of Section 409A. For purposes of this Agreement, with respect to payments of any amounts that are considered to be
“deferred compensation” subject to Section 409A, references to “termination of employment,” “termination,” or words and phrases of similar import, shall be deemed to refer to Employee’s “separation from
service” as defined in Section 409A and shall be interpreted and applied in a manner that is consistent with the requirements of Section 409A. 

(d) Notwithstanding anything to the contrary in this Agreement, any payment or benefit under this Agreement or otherwise that is exempt from
Section 409A pursuant to Treasury Regulation Section 1.409A-l(b)(9)(v)(A) or (C) (relating to certain reimbursements and in-kind benefits) shall be paid or
provided to Employee only to the extent that the expenses are not incurred, or the benefits are not provided, beyond the last day of the second calendar year following the calendar year in which Employee’s “separation from service”
occurs; and provided further that such expenses are reimbursed no later than the last day of the third calendar year following the calendar year in which Employee’s “separation from service” occurs. To the extent any indemnification
payment, expense reimbursement, or the provision of any in-kind benefit is determined to be subject to Section 409A (and not exempt pursuant to the prior sentence or otherwise), the amount of any such
indemnification payment or expenses eligible for reimbursement, or the provision of any in-kind benefit, in one calendar year shall not affect the indemnification payment or provision of in-kind benefits or expenses eligible for reimbursement in any other calendar year (except for any life-time or other aggregate limitation applicable to medical expenses), and in no event shall any indemnification
payment or expenses be reimbursed after the last day of the calendar year following the calendar year in which Employee incurred such indemnification payment or expenses, and in no event shall any right to indemnification payment or reimbursement or
the provision of any in-kind benefit be subject to liquidation or exchange for another benefit. 

  
 11 

 (e) Notwithstanding anything to the contrary in this Agreement, to the extent that any
payments due under this Agreement as a result of the Employee’s termination of employment with the Company are subject to the Employee’s execution and delivery and non-revocation of the Release,
(i) no such payments shall be made on or prior to the sixtieth (60th) day immediately following Employee’s date of termination (the “Release Period”), (ii) the Company shall
deliver the Release to Employee no later than seven (7) days immediately following Employee’s date of termination, (iii) if, as of the Release Expiration Date, Employee has failed to execute the Release or has timely revoked his
acceptance of the Release thereafter, Employee shall not be entitled to any payments or benefits otherwise conditioned on the Release, and (iv) if, as of the Release Expiration Date, Employee has executed the Release and has not revoked his
acceptance of the Release thereafter, any such payments that are delayed pursuant to this Section 8.06(e) shall be paid in a lump sum on the first regularly scheduled payroll date following the expiration of the Release Period, without
interest. For purposes of this Section 8.06(e), “Release Expiration Date” shall mean the date that is twenty-one (21) days following the date upon which the Company timely delivers the
Release to Employee, or, in the event that Employee’s termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act
of 1967), the date that is forty-five (45) days following such delivery date. 
 8.07 Compensation Recovery Policy. Employee
acknowledges and agrees that, to the extent the Company adopts any claw-back or similar policy pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act or otherwise, and any rules and regulations promulgated thereunder, he shall
take all action necessary or appropriate to comply with such policy (including, without limitation, entering into any further agreements, amendments or policies necessary or appropriate to implement and/or enforce such policy with respect to past,
present and future compensation, as appropriate). 
 8.08 Severability. To the extent any provision of this Agreement shall be
invalid or unenforceable, it shall be considered deleted here from, and the remainder of such provision and of this Agreement shall be unaffected and shall continue in full force and effect. In furtherance and not in limitation of the foregoing,
should the duration or geographical extent of, or business activities covered by, any provision of this Agreement be in excess of that which is valid and enforceable under applicable law, then such provision shall be construed to cover only that
duration, extent or activities which may validly and enforceably be covered. Employee acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement be given the construction which renders its provisions valid
and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law. 
 8.09 Assignment. The
Company may transfer and assign this Agreement and the Company’s rights and obligations hereunder to another entity that is substantially comparable to the Company in its financial strength and ability to perform the Company’s obligations
under this Agreement. After any such assignment by the Company, the Company shall be discharged from all further liability hereunder and such assignee shall thereafter be deemed to be the Company for the purposes of all provisions of this Agreement
including this Section 8. Neither this Agreement nor the rights or obligations hereunder of the parties hereto shall be transferable or assignable by Employee, except in accordance with the laws of descent and distribution. 

  
 12 

 8.10 Injunctive Relief. Employee agrees that it would be difficult to compensate the
Company fully for damages for any violation of the provisions of this Agreement, including without limitation the provisions of Sections 5 and 6. Accordingly, Employee specifically agrees that the Company shall be entitled to temporary and permanent
injunctive relief to enforce the provisions of this Agreement and that such relief may be granted without the necessity of proving actual damages. This provision with respect to injunctive relief shall not, however, diminish the right of the Company
to claim and recover damages in addition to injunctive relief. 
 8.11 Notices. Any notice, payment, demand or communication required
or permitted to be given by the provisions of this Agreement shall be deemed to have been effectively given and received on the date personally delivered to the respective party to whom it is directed, or five (5) days after the date when
deposited by registered or certified mail, with postage and charges prepaid and addressed to such party at its address below its signature. Any party may change its address by delivering a written change of address to all of the other parties in the
manner set forth in this Section 8.11. 
 8.12 Section 280G. Notwithstanding any other provision of this Agreement or any other
plan, arrangement, or agreement to the contrary, if any of the payments or benefits provided or to be provided by the Company or its affiliates to Employee or for Employee’s benefit pursuant to the terms of this Agreement or otherwise
(“Covered Payments”) constitute parachute payments within the meaning of Section 280G of the Code (such payments, the “Parachute Payments”) and would, but for this Section 8.12, be subject to the excise tax imposed
under Section 4999 of the Code (or any successor provision thereto) or any similar tax imposed by state or local law or any interest or penalties with respect to such taxes (collectively, the “Excise Tax”), or not be deductible under
Section 280G of the Code, then such Covered Payments shall be reduced to the minimum extent necessary to ensure that no portion of the Covered Payments is subject to the Excise Tax, but only if (i) the net amount of such Covered Payments,
as so reduced (and after subtracting the net amount of federal, state and local income and employment taxes on such reduced Covered Payments and after taking into account the phase out of itemized deductions and personal exemptions attributable to
such reduced Covered Payments), is greater than or equal to (ii) the net amount of such Covered Payments without such reduction (but after subtracting the net amount of federal, state and local income and employment taxes on such Covered
Payments and the amount of the Excise Tax to which Executive would be subject in respect of such unreduced Covered Payments and after taking into account the phase out of itemized deductions and personal exemptions attributable to such unreduced
Covered Payments). The Covered Payments shall be reduced in a manner that maximizes Employee’s economic position. In applying this principle, the reduction shall be made in a manner consistent with the requirements of Section 409A, to the
extent applicable, and where two or more economically equivalent amounts are subject to reduction but payable at different times, such amounts payable at the later time shall be reduced first but not below zero. 

[Signatures on following page] 

  
 13 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date set forth
in the first paragraph. 
  

			
	FUNKO, INC.
		
	By:	 	/s/ Tracy D. Daw
		 	Name: Tracy D. Daw
		 	Title: SVP, General Counsel & Secretary

  

	
	/s/ Brian Mariotti
	Brian Mariotti

 [Signature Page to the Employment Agreement] 

 Exhibit A 

WAIVER AND RELEASE OF CLAIMS AGREEMENT 

In exchange for the severance payments and benefits provided to me pursuant to Section 7.05, 7.06 and 7.07 (collectively, the
“Severance Benefits”) of that certain Employment Agreement, dated as of [_____], by and among Funko, Inc. (“Company”) and Brian Mariotti (the “Employee”) (the “Employment
Agreement”), the Employee freely and voluntarily agrees to enter into and be bound by this Waiver and Release of Claims Agreement (this “Release”). 

1. General Release. The Employee, on his own behalf and on behalf of his spouse, child or children (if any), heirs, personal
representative, executors, administrators, successors, assigns and anyone else claiming through him (the “Releasors”), hereby releases and discharges forever Funko, Inc., and its affiliates, and each of their respective past,
present or future parent, affiliated, related, and subsidiary entities and each of their respective past, present or future directors, officers, employees, trustees, agents, attorneys, administrators, plans, plan administrators, insurers, equity
holders, members, representatives, predecessors, successors and assigns, and all Persons acting by, through, under or in concert with them (hereinafter collectively referred to as the “Released Parties”), from and against all
liabilities, claims, demands, liens, causes of action, charges, suits, complaints, grievances, contracts, agreements, promises, obligations, costs, losses, damages, injuries, attorneys’ fees and other legal responsibilities (collectively
referred to as “Claims”), of any form whatsoever (whether or not relating to Employee’s employment with the Company), including, but not limited to, any claims in law, equity, contract or tort, claims under any policy,
agreement, understanding or promise, written or oral, formal or informal, between the Employee and the Company or any of the other Released Parties, and any claims under the Civil Rights Act of 1866, the Civil Rights Act of 1871, the Civil Rights
Act of 1964, the Americans With Disabilities Act of 1990, the Age Discrimination in Employment Act of 1967 (“ADEA”), the Sarbanes-Oxley Act of 2002, the Securities Act of 1933, the Securities Exchange Act of 1934 (the
“Exchange Act”), the Employee Retirement Income Security Act of 1974, the Rehabilitation Act of 1973, the Family and Medical Leave Act of 1993, the Genetic Information Nondiscrimination Act of 2008, the Worker Adjustment and
Retraining Notification Act of 1988, the Delaware Discrimination in Employment Act, the Delaware Persons with Disabilities Employment Protection Act, the Delaware Whistleblowers’ Protection Act, the Delaware Wage Payment and Collection Act, the
Delaware Fair Employment Practices Act, Delaware’s social media law, the Washington Industrial Welfare Act, the Washington Minimum Wage Act, the Washington Wage Payment Act, the Washington Wage Rebate Act, the Washington Law Against
Discrimination, and the Washington Leave Law, as each may have been amended from time to time, or any other federal, state or local statute, regulation, law, rule, ordinance or constitution, or common law, whether known or unknown, unforeseen,
unanticipated, unsuspected or latent, that the Employee or any of the Releasors now possess or have a right to, or have at any time heretofore owned or held, or may at any time own or hold by reason of any matter or thing arising from any cause
whatsoever prior to the date of execution of this Release, and without limiting the generality of the foregoing, from all claims, demands and causes of action based upon, relating to, or arising out of: (a) the Employment Agreement;
(b) the Employee’s employment or other relationship with any of the Released Parties or the termination thereof; and (c) the Employee’s status as a holder of securities of any of the Released Parties. This Release includes, but
is not limited to, all wrongful termination and “constructive discharge” 

 
claims, all discrimination claims, all claims relating to any contracts of employment, whether express or implied, any covenant of good faith and fair dealing, whether express or implied, and any
tort of any nature. This Release is for any relief, no matter how denominated, including but not limited to wages, back pay, front pay, benefits, compensatory, liquidated or punitive damages and attorneys’ fees. The Employee acknowledges and
reaffirms Employee’s obligations under the Employment Agreement with the Company dated [__], a signed copy of which is attached hereto as Exhibit A, including but not limited to Sections 5 and 6 thereof. 

2. Covenant Not To Sue. The Employee represents and covenants that he has not filed, initiated or caused to be filed or
initiated any Claim, charge, suit, complaint, grievance, action, cause of action or proceeding against the Company or any of other the Released Parties. Except to the extent that such waiver is precluded by law, the Employee further promises and
agrees that he will not file, initiate or cause to be filed or initiated any Claim, charge, suit, complaint, grievance, action, cause of action or proceeding based upon, arising out of or relating to any Claim released hereunder, nor shall the
Employee participate, assist or cooperate in any Claim, charge, suit, complaint, grievance, action, cause of action or proceeding regarding any of the Released Parties relating to any Claims released hereunder, whether before a court or
administrative agency or otherwise, unless required to do so by law. 
 3. Exclusions. Notwithstanding the foregoing, the Employee
does not release his rights to receive the Severance Benefits or any right that may not be released by private agreement. In addition, this Release will not prevent the Employee from (i) filing a charge or complaint with the Equal Employment
Opportunity Commission, the National Labor Relations Board, the Occupational Safety and Health Administration, the Securities and Exchange Commission or any other federal, state or local governmental agency or commission (“Government
Agencies”) or (ii) reporting possible violations of federal law or regulation to, otherwise communicating with or participating in any investigation or proceeding that may be conducted by, or providing documents and other information,
without notice to the Company, to, any Governmental Agency or entity, including in accordance with the provisions of and rules promulgated under Section 21F of the Exchange Act or Section 806 of the Sarbanes-Oxley Act of 2002, as each may
have been amended from time to time, or any other whistleblower protection provisions of state or federal law or regulation. This Agreement does not limit Employee’s right to receive an award for information provided to any Government Agencies;
provided, however, that the Employee acknowledges and agrees that any Claim by him, or brought on his behalf, for damages in connection with such a charge or investigation filed with the Equal Employment Opportunity Commission would be
and hereby is barred. 
 4. No Assignment. The Employee represents and warrants that he has made no assignment or other transfer, and
covenants that he will make no assignment or other transfer, of any interest in any Claim that he may have against any of the Released Parties. 

5. Indemnification of Released Parties. The Employee agrees to indemnify and hold harmless the Released Parties, and each of them,
against any loss, claim, demand, damage, expenses or any other liability whatsoever, including reasonable attorneys’ fees and costs, resulting from: (i) any breach of this Release by his successors in interest; (ii) any assignment or
transfer, or attempted assignment or transfer, of any Claims released hereunder; or (iii) any action or proceeding brought by his successors in interest, if such action or proceeding arises out of, is based upon, or is related to any Claims
released hereunder. This indemnity does not require payment as a condition precedent to recovery by any of the Released Parties. 

 6. Acknowledgments. The Employee acknowledges that the Company delivered this Release
to him on [_____]. The Employee agrees that the Company has advised him to consult with an attorney before executing this Release. The Employee agrees that he has had the opportunity to consult with counsel, if he chose to do so, and that the
Employee has had a sufficient and reasonable amount of time to read and consider this Release before executing it. The Employee acknowledges that he is responsible for any costs and fees resulting from his attorney reviewing this Release. The
Employee agrees that he has carefully read this Release and knows its contents, and that he signs this Release voluntarily, with a full understanding of its significance, and intending to be bound by its terms. The Employee acknowledges that the
provision of the Severance Benefits is in exchange for the promises in the Release and is not normally available under Company policy to employees who resign or are terminated by the Company, and that, but for his execution of this Release, he would
not be entitled to receive the Severance Benefits. The Employee further acknowledges that the provision of the Severance Benefits does not constitute an admission by the Released Parties of liability or of violation of any applicable law or
regulation. The Company and its affiliates expressly deny any liability or alleged violation and state that the Severance Benefits are being provided solely for the purpose of compromising any and all claims of the Employee without the cost and
burden of litigation. 
 7. ADEA Provisions. The Employee understands that this Release includes a release of claims arising under
ADEA. The Employee acknowledges and agrees that he has had at least 21 days after the date of his receipt of this Release (such period, the “Consideration Period”) to review this Release and consider its terms before signing this
Release and that the Consideration Period will not be affected or extended by any changes, whether material or immaterial, that might be made to this Release. The Employee further acknowledges and agrees that he understands that he may use as much
or all of such 21-day period as he wishes before signing, and warrants that he has done so. The Employee may revoke and cancel this Release in writing at any time within seven days after his execution of this
Release (such seven-day period, the “Revocation Period”) by providing notice of revocation to [_____]. This Release shall not become effective and enforceable until after the expiration of the
Revocation Period; after such time, if there has been no revocation, this Release shall immediately be fully effective and enforceable. 

8. Consequences of Breach or Revocation. The Employee agrees that, notwithstanding anything to the contrary in this Release, in the
event that he breaches any of the terms of the Release, or revokes the Release pursuant to Section 7, he shall forfeit the Severance Benefits and reimburse the Company for any portion of the Severance Benefits that have already been paid, and,
in the event of such a breach, he shall reimburse the Company for any expenses or damages incurred as a result of such breach. 
 9.
Severability. If any provision of the Release is declared invalid or unenforceable, the remaining portions of the Release shall not be affected thereby and shall be enforced. 

 10. Governing Law: Venue. This Agreement is made under and shall be governed by and
construed in accordance with the laws of the State of Delaware. 
 IN WITNESS WHEREOF, the undersigned has signed and
executed this Release on the date set forth below as an expression of his intent to be bound by the foregoing terms of this Release. 
  

			
	 
		
	Date:EX-10.1

 Exhibit 10.1 

SEPARATION AGREEMENT 

This Separation Agreement (this “Agreement”) is made January 3, 2022, by and among Puneet Pamnani
(“Employee”), KORE Wireless Group Inc. (the “Company”) and KORE Group Holdings, Inc. (“Parent”). The Company, Parent and Employee are referred to herein as, individually, a “Party”
and collectively, the “Parties.” 
 RECITALS 

WHEREAS, the Company, Maple Holdings Inc. (the parent of the Company prior to the closing of the business combination and other transactions
contemplated by certain Agreement and Plan of Merger, dated as of March 12, 2021, as amended on July 27, 2021 and September 21, 2021, by and among Cerberus Telecom Acquisition Holdings, LLC, Parent, King Corp Merger Sub, Inc., King
LLC Merger Sub, LLC and Maple Holdings Inc.) and Employee have entered into that certain Executive Employment Agreement, dated as of May 15, 2018 (the “Employment Agreement”); 

WHEREAS, effective November 23, 2021 (the “Transition Date”), the Parties mutually agree to (a) end Employee’s
role as Chief Financial Officer of the Company, (b) agree to a transition period beginning on the Transition Date and ending on February 28, 2022 (such date, the “Separation Date” and such period beginning on the
Transition Date and ending on the Separation Date (the “Transition Period”) during which Employee shall remain an employee of the Company and provide advisory services to assist in the Chief Financial Officer transition, subject to
Employee’s execution and non-revocation of the General Release (as defined below) and (c) agree that at the conclusion of the Transition Period, Employee will receive the payments and benefits set
forth in Section 2 hereof, subject to Employee’s execution and non-revocation of the Reaffirmation Agreement (as defined below); and 

WHEREAS, Employee and the Company desire to settle and dispose of, fully and completely, any and all existing or potential disputes, claims
and demands, arising out of or attributable to Employee’s relationship with the Company, including under the Employment Agreement and the termination of Employee’s employment, and any other claims whatsoever Employee had, has or may have
against the Company, on the terms and conditions as set forth in the general release of claims attached hereto as Exhibit A (the “General Release”) and the reaffirmation of the terms and conditions of the General Release as
of the Separation Date attached hereto as Exhibit B (the “Reaffirmation Agreement”). 
 NOW, THEREFORE, for good and
valuable consideration, the adequacy and receipt of which are hereby acknowledged, the Parties agree as follows: 
 AGREEMENT 

1. Separation and Transition of Employment. Effective as of the Transition Date, Employee shall resign from Employee’s position as
Chief Financial Officer and any other officer position Employee holds with the Company and any affiliate of the Company, and agrees to execute such additional documentation as the Company may request to effectuate the foregoing. Notwithstanding the
foregoing, during the Transition Period, the Parties desire for Employee to 

 
perform advisory services for the Company to ensure a smooth transition of responsibilities and activities (such services, the “Transition Services”). Employee’s last day of
employment with the Company shall be the Separation Date. In consideration for the Transition Services, during the Transition Period, Employee shall continue to (x) receive Employee’s Salary (as defined in the Employment Agreement), at the
same rate as was in effect as of the Transition Date, and (y) be eligible to participate in all applicable benefit plans and programs sponsored by the Company and any affiliate of the Company (collectively, the “Continued
Benefits”), except as set forth in the immediately following sentence. Employee hereby acknowledges and agrees that, during the period between the Transition Date and the Separation Date, (A) Employee shall not accrue any additional
paid time off and (B) Employee shall not be eligible for any bonus or other long- or short-term incentive plan with respect to such period. During the period between the Transition Date and the Separation Date, the Company may determine, in its
sole discretion, the extent to which the Transition Services or Employee’s presence at the Company’s premises or other events will be necessary prior to the Separation Date. For the avoidance of doubt, provided Employee is available to
perform the Transition Services as contemplated herein, Employee shall be entitled to receive the Continued Benefits regardless of whether the Company makes use of the Transition Services. 

2. Transition and Severance Benefits. The Parties acknowledge and agree that Employee is entitled to the payments and benefits set
forth in Section 5(b) of the Employment Agreement upon the Separation Date; provided, however, in recognition of Employee’s service to the Company and Employee’s continued obligations under this Agreement and Sections 6
and 7 of the Employment Agreement, the Parties acknowledge and agree that Section 5(b) of the Employment Agreement shall be superseded and replaced in its entirety by this Section 2. The Parties agree that as of the
date hereof, Section 5(b) of the Employment Agreement shall be of no further force or effect, and Employee shall receive only the compensation set forth in this Section 2. 

So long as Employee continues to comply with Sections 6 and 7 of the Employment Agreement (provided that with respect to Work Product (as
defined in the Employment Agreement) produced after the Transition Date, Section 7 shall apply only to the extent such Work Product relates to or is in connection with Transition Services), and subject to Employee’s execution and non-revocation of the General Release within thirty (30) days following the Transition Date, the Company shall provide Employee with the Continued Benefits. 

So long as Employee continues to comply with Sections 6 and 7 of the Employment Agreement (provided that with respect to Work Product produced
after the Transition Date, Section 7 shall apply only to the extent such Work Product relates to or is in connection with Transition Services), and subject to Employee’s execution and non-revocation
of the Reaffirmation Agreement within thirty (30) days following the Separation Date, the Company shall provide to Employee the payments and benefits set forth in this Section 2 (other than the Accrued Rights (as
defined below)). Any severance payments payable to Employee by the Company under prong (i) below will be paid in equal bimonthly installments in accordance with the Company’s regular payroll practices (beginning with the first month that
follows the Separation Date by at least thirty (30) days) over the course of the Severance Term (as defined below) and subject to all applicable withholding requirements. 

 (i) payments of Employee’s Salary as set forth below, based on the per annum rate of
the Salary in effect as of the Transition Date, for a period of fifteen (15) months following the Separation Date (the “Severance Term”); 

(ii) all accrued and unpaid Salary and any unreimbursed business expenses incurred through the Separation Date and payable pursuant to
Section 3 of the Employment Agreement (the “Accrued Rights”), payable in a lump sum within thirty (30) days after the Separation Date, or such earlier date as may be required by applicable law; 

(iii) payment of the Company’s portion of Employee and Employee’s eligible dependents’ COBRA premiums under the Company’s
major medical group health plan on a monthly basis during the Severance Term (such that Employee’s cost for coverage under COBRA will be the same as Employee’s cost for the equivalent health care premiums immediately prior to the
Transition Date); 
 (iv) Employee’s Annual Bonus (as defined in the Employment Agreement) for fiscal year 2021, payable in accordance
with Section 4 of the Employment Agreement; provided, however, that the calculation of such Annual Bonus will be in accordance with the bonus letter for 2021 provided to Employee without modification and based on a discretionary
“multiplier” of 1.0; and 
 (v) payment of Employee’s accrued but unused paid time off (as of the Transition Date), to be
paid in accordance with the Company’s policies. 
 3. Section 409A. Section 11 of the Employment Agreement is hereby
incorporated into this Agreement mutatis mutandis. 
 4. Reaffirmation of Restrictive Covenants. Employee hereby acknowledges and
agrees that (i) the restrictive covenants in Sections 6 and 7 of the Employment Agreement remain in full force and effect, and (ii) Employee shall continue to comply with the restrictive covenants in Sections 6 and 7 of the Employment
Agreement; provided, however, that with respect to Work Product produced after the Transition Date, Section 7 shall apply only to the extent such Work Product relates to or is in connection with Transition Services. 

5. Tax Consequences. The Parties agree that the Company will be entitled to withhold any amounts required to be withheld in respect of
federal, state or local taxes with respect to any amounts payable to Employee hereunder. The Company makes no representations or warranties with respect to the tax consequences of the payments provided to Employee or made on Employee’s behalf
under the terms of this Agreement. Employee agrees and understands that Employee is responsible for payment, if any, of local, state and/or federal taxes on the payments made hereunder by the Company and any penalties or assessments thereon.
Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments or recoveries by any government agency against the Company for any amounts claimed due
on account of: (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of, federal or state taxes; or (b) damages sustained by the Company by reason of any such claims, including
attorneys’ fees and costs. 

 6. Integration/Modification. This Agreement contains the entire agreement of the
Parties concerning the subject matter herein. There are no other agreements, written or oral, express or implied, prior or collateral, between the Parties, relating to the subject matter herein, except as set forth in this Agreement. Except as
expressly set forth herein, effective as of the Separation Date, the Employment Agreement is hereby terminated, cancelled and of no further force or effect. This Agreement cannot be modified or changed except by a written instrument signed by each
of the Parties. 
 7. Severability. If any provision of this Agreement or any part of any such provision is held under any
circumstances to be invalid or unenforceable in any jurisdiction, then (a) such provision or part thereof shall, with respect to such circumstances and in such jurisdiction, be deemed amended to conform to applicable laws so as to be valid and
enforceable to the fullest possible extent, (b) the invalidity or unenforceability of such provision or part thereof under such circumstances and in such jurisdiction shall not affect the validity or enforceability of such provision or part
thereof under any other circumstances or in any other jurisdiction, and (c) the invalidity or unenforceability of such provision or part thereof shall not affect the validity or enforceability of the remainder of such provision or the validity
or enforceability of any other provision of this Agreement. Each provision of this Agreement is separable from every other provision of this Agreement, and each part of each provision of this Agreement is separable from every other part of such
provision. 
 8. Governing Law; Waiver of Jury Trial; Service of Process. Sections 12(h)—(j) of the Employment Agreement are
hereby incorporated into this Agreement mutatis mutandis and shall govern the law applicable to this Agreement and the forum for resolving disputes under this Agreement. THE PARTIES HERETO HEREBY IRREVOCABLY WAIVE ANY AND ALL RIGHT TO TRIAL BY JURY
IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATED TO THIS AGREEMENT. 
 9. Assignment/Binding Agreement; Further Assurances. This
Agreement may not be assigned by Employee. This Agreement shall inure to the benefit of the Company and its respective predecessors, successors and assigns, and each of their respective past and present equityholders, officers, directors, employees,
affiliates, attorneys, agents and representatives. Employee hereby agrees to execute and deliver such documents and instruments, and to take such further action, as the Company may from time to time request to evidence or effect the purpose and
intent of this Agreement. 
 10. Counterparts/Captions/Construction. This Agreement may be executed by original, PDF or electronic
signature and in two or more counterparts, each of which may be deemed to be an original and all of which shall constitute the Agreement; provided, however, that this Agreement shall not become effective until completely conforming
counterparts have been signed and delivered by each of the Parties hereto. Sections, titles and captions contained herein are inserted for convenience and reference purposes and are not intended to define, limit or describe the scope of this
Agreement or any provisions thereof. The Recitals to this Agreement are deemed incorporated into the Agreement. No provision of this Agreement is to be interpreted for or against any Party on the basis that a particular Party or that Party’s
attorney drafted such provisions. All definitions and references herein shall be equally applicable to both the singular and plural forms of the terms defined. 

 11. Attorneys’ Fees and Costs. Each Party shall bear their own attorneys’
fees and costs in connection with the negotiation and preparation of this Agreement. 
 12. Conditions of Execution. The Parties each
acknowledge and warrant that their execution of this Agreement is free and voluntary. Each of the Parties and signatories hereto acknowledges that no other Party, agent, or attorney of any other Party, has made any promise, representation or
warranty, whatsoever, express or implied, not contained herein concerning the subject matter hereof, to induce the other Party to execute this Agreement, and each Party acknowledges that they have not executed this instrument in reliance upon any
promise, representation or warranty not contained herein. Each Party expressly acknowledges that they have carefully read this Agreement and that they are completely familiar with and understands each and every provision hereof, that this Agreement
is fair and just in all of its particulars, and that each Party enters into, executes and accepts this Agreement freely and voluntarily. 

[Signature Page Follows] 

 IN WITNESS WHEREOF, the Parties hereto have executed this Agreement. 

 

							
		 		 	KORE WIRELESS GROUP INC.
				
	Dated: January 3, 2022	 		 	By:	 	/s/ Romil Bahl
		 		 		 	 Name: Romil Bahl
 Title: President &
Chief Executive Officer

  

							
		 		 	KORE GROUP HOLDINGS, INC.
				
	Dated: January 3, 2022	 		 	By:	 	/s/ Romil Bahl
		 		 		 	 Name: Romil Bahl
 Title: President &
Chief Executive Officer

				
	Dated: December 24, 2021	 		 	By:	 	/s/ Puneet Pamnani
		 		 		 	Puneet Pamnani

 EXHIBIT A 

GENERAL RELEASE 
 I, Puneet
Pamnani, in consideration of and subject to the performance by KORE Wireless Group Inc. (together with its subsidiaries, the “Company”), of its obligations under the Separation Agreement dated as of January 3, 2022 (the
“Separation Agreement”), do hereby release and forever discharge as of the date hereof the Company and its respective affiliates and all present, former and future managers, directors, officers, employees, successors and assigns of
the Company and its affiliates and direct or indirect owners (collectively, the “Released Parties”) to the extent provided below (this “General Release”). The Released Parties are intended to be third-party
beneficiaries of this General Release, and this General Release may be enforced by each of them in accordance with the terms hereof in respect of the rights granted to such Released Parties hereunder. Terms used herein but not otherwise defined
shall have the meanings given to them in the Agreement. 
 1) I understand that any payments or benefits paid or granted to me under
Section 2 of the Separation Agreement represent, in part, consideration for signing this General Release and are not salary, wages or benefits to which I was already entitled. I understand and agree that I will not receive certain of the
payments and benefits specified in Section 2 of the Separation Agreement unless I execute this General Release and do not revoke this General Release within the time period permitted hereafter. Such payments and benefits will not be considered
compensation for purposes of any employee benefit plan, program, policy or arrangement maintained or hereafter established by the Company or its affiliates. 

2) Except as provided in paragraphs 5 and 6 below and except for the provisions of the Separation Agreement and the Employment Agreement dated
as of May 15, 2018 (the “Employment Agreement”) which expressly survive the termination of my employment with the Company, I knowingly and voluntarily (for myself, my heirs, executors, administrators and assigns) release and
forever discharge the Company and the other Released Parties from any and all claims, suits, controversies, actions, causes of action, cross-claims, counter-claims, demands, debts, compensatory damages, liquidated damages, punitive or exemplary
damages, other damages, claims for costs and attorneys’ fees, or liabilities of any nature whatsoever in law and in equity, both past and present (through the date that this General Release becomes effective and enforceable) and whether known
or unknown, suspected, or claimed against the Company or any of the Released Parties which I, my spouse, or any of my heirs, executors, administrators or assigns, may have, by reason of any matter, cause, or thing whatsoever, from the beginning of
my initial dealings with the Company to the date of this General Release, and particularly, but without limitation of the foregoing general terms, any claims arising from or relating in any way to my employment relationship with the Company, the
terms and conditions of that employment relationship, and the termination of that employment relationship (including, but not limited to, any allegation, claim or violation, arising under: Title VII of the Civil Rights Act of 1964, as amended; the
Civil Rights Act of 1991; the Age Discrimination in Employment Act of 1967, as amended (including the Older Workers Benefit Protection Act); the Equal Pay Act of 1963, as amended; the Americans with Disabilities Act of 1990; the Family and Medical
Leave Act of 1993; the Worker Adjustment Retraining and Notification Act; the Employee Retirement Income Security Act of 1974; any applicable Executive Order Programs; the Fair Labor Standards Act; or their state or

 
local counterparts; or under any other federal, state or local civil or human rights law, or under any other local, state, or federal law, regulation or ordinance; or under any public policy,
contract or tort, or under common law; or arising under any policies, practices or procedures of the Company; or any claim for wrongful discharge, breach of contract, infliction of emotional distress, defamation; or any claim for costs, fees, or
other expenses, including attorneys’ fees incurred in these matters) (all of the foregoing collectively referred to herein as the “Claims”). 

3) The released claims described in paragraph 2 hereof include all such claims, whether known or unknown by me. 

4) I represent that I have made no assignment or transfer of any right, claim, demand, cause of action, or other matter covered by paragraph 2
above. 
 5) I agree that this General Release does not waive or release any rights or claims that I may have, under the Age Discrimination
in Employment Act of 1967 or otherwise, which arise after the date I execute this General Release. I acknowledge and agree that my separation from employment with the Company in compliance with the terms of the Agreement shall not serve as the basis
for any claim or action (including, without limitation, any claim under the Age Discrimination in Employment Act of 1967). 
 6) I agree
that I hereby waive all rights to sue or obtain equitable, remedial or punitive relief from any or all Released Parties of any kind whatsoever in respect of any Claim, including, without limitation, reinstatement, back pay, front pay, and any form
of injunctive relief. Notwithstanding the above, I further acknowledge that I am not waiving and am not being required to waive any right that cannot be waived under law, including the right to file an administrative charge or participate in an
administrative investigation or proceeding; provided, however, that I disclaim and waive any right to share or participate in any monetary award resulting from the prosecution of such charge or investigation or proceeding.
Additionally, I am not waiving (i) any right to the any severance benefits to which I am entitled under the Separation Agreement, (ii) any claim relating to directors’ and officers’ liability insurance coverage or any right of
indemnification under the Company’s organizational documents or otherwise, (iii) any claim for vested or accrued benefits under any Company benefit plan or (iv) my rights as an equity or security holder in the Company or its
affiliates. 
 7) In signing this General Release, I acknowledge and intend that it shall be effective as a bar to each and every one of the
Claims hereinabove mentioned or implied. I expressly consent that this General Release shall be given full force and effect according to each and all of its express terms and provisions, including those relating to unknown and unsuspected Claims
(notwithstanding any state or local statute that expressly limits the effectiveness of a general release of unknown, unsuspected and unanticipated Claims), if any, as well as those relating to any other Claims hereinabove mentioned or implied. I
acknowledge and agree that this waiver is an essential and material term of this General Release and that without such waiver the Company would not have agreed to the terms of the Agreement. I further agree that in the event I should bring a Claim
seeking damages against the Company, or in the event I should seek to recover against the Company in any Claim brought by a governmental agency on my behalf, this General Release shall serve as a complete defense to such Claims to the maximum extent
permitted by law. I further agree that I am not aware of any pending claim of the type described in paragraph 2 above as of the execution of this General Release. 

 8) I agree that neither this General Release, nor the furnishing of the consideration for
this General Release, shall be deemed or construed at any time to be an admission by the Company, any Released Party or myself of any improper or unlawful conduct. 

9) I agree that if I violate this General Release by suing the Company or the other Released Parties, I will pay all costs and expenses of
defending against the suit incurred by the Released Parties, including reasonable attorneys’ fees. 
 10) The Company and I agree that
this General Release and the Agreement are confidential and agree not to disclose any information regarding the terms of this General Release or the Agreement, except (a) (x) by me to my immediate family and any tax, legal or other counsel or
financial advisor or accountant I have consulted regarding the meaning or effect hereof (and I will instruct each of the foregoing not to disclose the same to anyone ) or (y) by the Company to its tax, legal or other counsel or financial
advisor or accountant it has consulted regarding the meaning or effect hereof (and the Company will instruct each of the foregoing not to disclose the same to anyone ) or (b) as required by law, if required by a governmental or regulatory
agency or as reasonably appropriate in connection with any litigation or investigation involving the Company. 
 11) Nothing in this General
Release prohibits or restricts me or my attorneys from: (i) making any disclosure of relevant and necessary information or documents in any action, investigation, or proceeding relating to the Agreement, or as required by law or legal process,
including with respect to possible violations of law; (ii) participating, cooperating, or testifying in any action, investigation, or proceeding with, or providing information to, any governmental agency or legislative body, any self-regulatory
organization, and/or pursuant to the Sarbanes- Oxley Act; or (iii) accepting any U.S. Securities and Exchange Commission awards. In addition, nothing in this General Release prohibits or restricts me from initiating communications with, or
responding to any inquiry from, any regulatory or supervisory authority regarding any good faith concerns about possible violations of law or regulation. Pursuant to 18 U.S.C. § 1833(b), I will not be held criminally or civilly liable under any
Federal or state trade secret law for the disclosure of a trade secret of the Company that (y) is made in confidence to a Federal, state, or local government official, either directly or indirectly, or to my attorney and solely for the purpose
of reporting or investigating a suspected violation of law; or (z) is made in a complaint or other document that is filed under seal in a lawsuit or other proceeding. If I file a lawsuit for retaliation by the Company for reporting a suspected
violation of law, I may confidentially disclose the trade secret to my attorney and use the trade secret information in the court proceeding if I file any document containing the trade secret under seal, and do not disclose the trade secret, except
pursuant to court order. Nothing in this General Release is intended to conflict with 18 U.S.C. § 1833(b) or create liability for disclosures of trade secrets that are expressly allowed by such section. 

12) I hereby acknowledge that Sections 5 (other than Section 5(b)) through 9, 11, 12 and 13 of the Employment Agreement and
Section 2 of the Separation Agreement shall survive my execution of this General Release. 

 13) I represent that I am not aware of any claim by me other than the claims that are
released by this General Release. I acknowledge that I may hereafter discover claims or facts in addition to or different than those which I now know or believe to exist with respect to the subject matter of the release set forth in paragraph 2
above and which, if known or suspected at the time of entering into this General Release, may have materially affected this General Release and my decision to enter into it. 

14) Notwithstanding anything in this General Release to the contrary, this General Release shall not relinquish, diminish, or in any way
affect any rights or claims arising out of any breach by the Company or by any Released Party of the Agreement after the date hereof. 
 15)
Whenever possible, each provision of this General Release shall be interpreted in, such manner as to be effective and valid under applicable law, but if any provision of this General Release is held to be invalid, illegal or unenforceable in any
respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision or any other jurisdiction, but this General Release shall be reformed, construed and enforced in such
jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. 
 BY SIGNING THIS GENERAL RELEASE, I REPRESENT AND
AGREE THAT: 
  

	1.	 I HAVE READ IT CAREFULLY; 

 

	2.	 I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING BUT NOT LIMITED TO,
RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT
OF 1974, AS AMENDED; 

  

	3.	 I VOLUNTARILY CONSENT TO EVERYTHING IN IT; 

 

	4.	 I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL
READING AND CONSIDERATION, I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION; 

  

	5.	 I HAVE HAD AT LEAST 21 DAYS FROM THE DATE OF MY RECEIPT OF THIS RELEASE TO CONSIDER IT, AND THE CHANGES
MADE SINCE MY RECEIPT OF THIS RELEASE ARE NOT MATERIAL OR WERE MADE AT MY REQUEST AND WILL NOT RESTART THE REQUIRED 21-DAY PERIOD; 

  

	6.	 I UNDERSTAND THAT I HAVE SEVEN (7) DAYS AFTER THE EXECUTION OF THIS RELEASE TO REVOKE IT AND THAT THIS
RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED; 

	7.	 I HAVE SIGNED THIS GENERAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO
ADVISE ME WITH RESPECT TO IT; AND 

  

	8.	 I AGREE THAT THE PROVISIONS OF THIS GENERAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY
AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME. 

  

									
	 SIGNED:
	 	 /s/ Puneet Pamnani
	 		 	 DATED:
	 	 December 24, 2021

 AGREED AND ACCEPTED (FOR PURPOSES OF SECTION 10 HEREOF) 

 

			
	KORE WIRELESS GROUP INC.
		
	By:	 	/s/ Romil Bahl
	Name:	 	Romil Bahl
	Title:	 	President & Chief Executive Officer
	
	Dated: 1/3/2022

 EXHIBIT B 

REAFFIRMATION AGREEMENT 

This Reaffirmation Agreement (the “Reaffirmation Agreement”) is entered into as of February 28, 2022 by and between
Puneet Pamnani (“Employee”) and KORE Wireless Group Inc. (the “Company”, and the Company together with Employee, the “Parties”). Unless otherwise noted, the capitalized terms in this Reaffirmation
Agreement are defined in the General Release dated as of January 3, 2022 (the “General Release”). 
 Purpose.
The purpose of this Reaffirmation Agreement is to effectuate the intent and agreement of the Parties as reflected in the Separation Agreement dated as of January 3, 2022 (the “Separation Agreement”) and the General Release, by
advancing to the execution date of this Reaffirmation Agreement the effective date of Employee’s general waiver and release of all Claims against the Released Parties, as set forth in the General Release, and by reaffirming the Parties’
respective ongoing obligations to one another under the Agreement and General Release. 
 Consideration. The Parties expressly
acknowledge the adequacy and sufficiency of the consideration flowing to one another for their execution of this Reaffirmation Agreement, as set forth fully in the Separation Agreement. 

Waiver and Release of Claims. Accordingly, with Employee’s signature below, Employee specifically acknowledges and reaffirms
Employee’s waiver and release of all Claims that Employee has or may have (whether known or unknown) against the Released Parties, to the same extent and with all conditions, exceptions and provisos thereto as reflected in the General Release.
Employee understands and agrees that such waiver and release shall be effective as to all Claims arising on or before the date Employee executes this Reaffirmation Agreement, subject to Employee’s effectuation of this Reaffirmation Agreement in
the manner set forth in the next Section hereof. 
 ADEA Compliance. Employee acknowledges that Employee has entered into this
Reaffirmation Agreement freely and without coercion, that Employee has been advised by the Company to consult with counsel of Employee’s choice, that Employee has had adequate opportunity to so consult, and that Employee has been given all time
periods required by law to consider this Agreement, including but not limited to the 21-day period required by the ADEA (the “Consideration Period”). Employee understands that Employee may
execute this Reaffirmation Agreement less than 21 days from its receipt from the Company, but agrees that such execution shall represent Employee’s knowing waiver of such Consideration Period. Employee further acknowledges that within the seven-day period following Employee’s execution of this Reaffirmation Agreement (the “Revocation Period”), Employee shall have the unilateral right to revoke this Reaffirmation Agreement, and
that the Company’s obligations hereunder shall become effective only upon the expiration of the Revocation Period without Employee’s revocation hereof. In order to be effective, notice of Employee’s revocation of this Reaffirmation
Agreement must be received by the Company in writing on or before the last day of the Revocation Period. 
 [Signature Page Follows]

 IN WITNESS WHEREOF, the Parties have executed this Reaffirmation Agreement effective as of
the date of Employee’s date of execution. 
 READ CAREFULLY BEFORE SIGNING 

EMPLOYEE HEREBY MAKES THE FOLLOWING REPRESENTATIONS: I HAVE READ THIS REAFFIRMATION AGREEMENT AND UNDERSTAND THAT IF I SIGN IT I WILL BE GIVING UP IMPORTANT
RIGHTS. THE COMPANY HAS ADVISED ME TO CONSULT WITH AN ATTORNEY BEFORE SIGNING THIS AGREEMENT AND HAS GIVEN ME AMPLE TIME TO REVIEW THIS REAFFIRMATION AGREEMENT, CONSIDER THE RAMIFICATIONS OF SIGNING IT, AND TO CONSULT AN ATTORNEY. BY SIGNING BELOW,
I ACKNOWLEDGE THAT I WILLINGLY, VOLUNTARILY, AND KNOWINGLY ACCEPT AND AGREE TO ALL THE TERMS AND CONDITIONS OF THIS REAFFIRMATION AGREEMENT. 
  

							
		 		 	KORE WIRELESS GROUP INC.
				
	Dated:                 , 2022	 		 	By:	 	 
		 		 		 	Name: Romil Bahl
		 		 		 	Title: President & Chief Executive Officer
				
	Dated:                 , 2022	 		 	By:	 	 
		 		 		 	Puneet Pamnani

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