Document:

exhibit101

Exhibit 10.1      CASPER SLEEP INC.  NON-EMPLOYEE DIRECTOR COMPENSATION POLICY  (as amended effective February 11, 2021; as amended subsequently effective May 6, 2021)  Non-employee members of the board of directors (the “Board”) of Casper Sleep Inc. (the  “Company”) shall be eligible to receive cash and equity compensation as set forth in this Non- Employee Director Compensation Policy (this “Policy”), which was adopted effective as of  February 5, 2020, was amended effective as of February 11, 2021 and is hereby amended effective  as of May 6, 2021.  The cash and equity compensation described in this Policy shall be paid or be  made, as applicable, automatically and without further action of the Board, to each member of the  Board who is not an employee of the Company or any parent or subsidiary of the Company (each,  a “Non-Employee Director”) who may be eligible to receive such cash or equity compensation,  unless such Non-Employee Director declines the receipt of such cash or equity compensation by  written notice to the Company.  This Policy shall remain in effect until it is revised or rescinded  by further action of the Board. This Policy may be amended, modified or terminated by the Board  at any time in its sole discretion.  The terms and conditions of this Policy shall supersede any prior  cash and/or equity compensation arrangements for service as a member of the Board between the  Company and any of its Non-Employee Directors and between any subsidiary of the Company  and any of its non-employee directors.    1. Cash Compensation.  (a) Annual Retainers.  Each Non-Employee Director shall receive an annual  retainer of $50,000 for service on the Board.    (b) Additional Annual Retainers.  In addition, a Non-Employee Director shall  receive the following annual retainers:  (i) Lead Independent Director.  Effective as of March 5, 2020, a Non- Employee Director serving as Lead Independent Director of the Board shall receive an additional  annual retainer of $15,000 for such service.    (ii) Audit Committee.  A Non-Employee Director serving as  Chairperson of the Audit Committee shall receive an additional annual retainer of $20,000 for such  service.  A Non-Employee Director serving as a member of the Audit Committee (other than the  Chairperson) shall receive an additional annual retainer of $10,000 for such service.  (iii) Compensation Committee.  A Non-Employee Director serving as  Chairperson of the Compensation Committee shall receive an additional annual retainer of $20,000  for such service.  A Non-Employee Director serving as a member of the Compensation Committee  (other than the Chairperson) shall receive an additional annual retainer of $10,000 for such service.  (iv) Nominating and Corporate Governance Committee.   A Non- Employee Director serving as Chairperson of the Nominating and Corporate Governance  Committee shall receive an additional annual retainer of $10,000 for such service.  A Non- Employee Director serving as a member of the Nominating and Corporate Governance Committee  (other than the Chairperson) shall receive an additional annual retainer of $5,000 for such service.  

 

  2    (c) Payment of Retainers.  The annual retainers described in Sections 1(a) and  1(b) shall be earned on a quarterly basis based on a calendar quarter and shall be paid by the  Company in arrears not later than the fifteenth day following the end of each calendar quarter.  In  the event a Non-Employee Director does not serve as a Non-Employee Director, or in the  applicable positions described in Section 1(b), for an entire calendar quarter, such Non-Employee  Director shall receive a prorated portion of the retainer(s) otherwise payable to such Non- Employee Director for such calendar quarter pursuant to Sections 1(a) and 1(b), with such prorated  portion determined by multiplying such otherwise payable retainer(s) by a fraction, the numerator  of which is the number of days during which the Non-Employee Director serves as a Non- Employee Director or in the applicable positions described in Section 1(b) during the applicable  calendar quarter and the denominator of which is the number of days in the applicable calendar  quarter.  2. Equity Compensation.  Non-Employee Directors shall be granted the equity awards  described below.  The awards described below shall be granted under and shall be subject to the  terms and provisions of the Company’s 2020 Equity Incentive Plan or any other applicable  Company equity incentive plan then-maintained by the Company (such plan, as may be amended  from time to time, the “Equity Plan”) and shall be granted subject to the execution and delivery  of award agreements, including attached exhibits, in substantially the forms previously approved  by the Board.  All applicable terms of the Equity Plan apply to this Policy as if fully set forth  herein, and all equity grants hereunder are subject in all respects to the terms of the Equity Plan.       (a) Annual Awards.  Each Non-Employee Director who (i) serves on the Board  as of the date of any annual meeting of the Company’s stockholders (an “Annual Meeting”) and  (ii) will continue to serve as a Non-Employee Director immediately following such Annual  Meeting shall be automatically granted, on the date of such Annual Meeting, an award of restricted  stock units that have an aggregate fair value on the date of such Annual Meeting of $155,000 (as  determined in accordance with ASC 718 and with the number of shares of common stock  underlying such award subject to adjustment as provided in the Equity Plan).  The awards  described in this Section 2(a) shall be referred to as the “Annual Awards.”  For the avoidance of  doubt, a Non-Employee Director elected for the first time to the Board at an Annual Meeting shall  receive only an Annual Award in connection with such election, and shall not receive any Initial  Award on the date of such Annual Meeting as well.  (b) Initial Awards.  Except as otherwise determined by the Board, each Non- Employee Director who is initially elected or appointed to the Board after the first Annual Meeting  following the effectiveness of this Policy on any date other than the date of an Annual Meeting  shall be automatically granted, on the date of such Non-Employee Director’s initial election or  appointment (such Non-Employee Director’s “Start Date”), an award of restricted stock units that  have an aggregate fair value on such Non-Employee Director’s Start Date equal to the product of  (i) $155,000 (as determined in accordance with ASC 718) and (ii) a fraction, the numerator of  which is (x) 365 minus (y) the number of days in the period beginning on the date of the Annual  Meeting immediately preceding such Non-Employee Director’s Start Date and ending on such  Non-Employee Director’s Start Date and the denominator of which is 365 (with the number of  shares of common stock underlying each such award subject to adjustment as provided in the  Equity Plan). The awards described in this Section 2(b) shall be referred to as “Initial Awards.”   

 

  3    For the avoidance of doubt, no Non-Employee Director shall be granted more than one Initial  Award.  (c) Termination of Employment of Employee Directors.  Members of the Board  who are employees of the Company or any parent or subsidiary of the Company who subsequently  terminate their employment with the Company and any parent or subsidiary of the Company and  remain on the Board will not receive an Initial Award pursuant to Section 2(b) above, but to the  extent that they are otherwise eligible, will be eligible to receive, after termination from  employment with the Company and any parent or subsidiary of the Company, Annual Awards as  described in Section 2(a) above.  (d) Vesting of Awards Granted to Non-Employee Directors.  Each Annual  Award and Initial Award shall vest and become exercisable on the earlier of (i) the day  immediately preceding the date of the first Annual Meeting following the date of grant and (ii) the  first anniversary of the date of grant, subject to the Non-Employee Director continuing in service  on the Board through the applicable vesting date.  No portion of an Annual Award or Initial Award  that is unvested or unexercisable at the time of a Non-Employee Director’s termination of service  on the Board shall become vested and exercisable thereafter.  All of a Non-Employee Director’s  Annual Awards and Initial Awards shall vest in full immediately prior to the occurrence of a  Change in Control (as defined in the Equity Plan), to the extent outstanding at such time.   3. Expenses  The Company will reimburse each Non-Employee Director for ordinary, necessary  and reasonable out-of-pocket travel expenses to cover in-person attendance at and participation in  Board meetings and meetings of any committee of the Board; provided, that the Non-Employee  Director timely submit to the Company appropriate documentation substantiating such expenses  in accordance with the Company’s travel and expense policy applicable to directors, as in effect  from time to time. To the extent that any taxable reimbursements are provided to any Non- Employee Director, they will be provided in accordance with Section 409A of the Internal Revenue  Code of 1986, as amended, including, but not limited to, the following provisions: (i) the amount  of any such expenses eligible for reimbursement during such individual’s taxable year may not  affect the expenses eligible for reimbursement in any other taxable year; (ii) the reimbursement of  an eligible expense must be made no later than the last day of such individual’s taxable year that  immediately follows the taxable year in which the expense was incurred; and (iii) the right to any  reimbursement may not be subject to liquidation or exchange for another benefit.  * * * * *Exhibit 10.4

 

FIRST
AMENDMENT TO LOCK-UP AND VOTING AGREEMENT

 

This
First Amendment to Lock-Up and Voting Agreement (this “Amendment”), effective as of February ____, 2021, is by and
between Wireless Telecom Group, Inc., a New Jersey corporation (the “Company”), and [NAME OF STOCKHOLDER] (“Stockholder”).
The Company and Stockholder are collectively referred to herein as the “Parties”.

 

RECITALS

 

WHEREAS,
pursuant to that certain Share Purchase Agreement, dated November 13, 2019, by and among the Company, Joe Koebel, individually, Jason
Breitbarth, individually, Leyla Bly, individually, and Jason Breitbarth, in his capacity as the designated representative of the sellers
named therein (as amended, the “Purchase Agreement”), the Company purchased all of the Acquired Shares from the Sellers
in exchange for the Purchase Price on February 7, 2020;

 

WHEREAS,
all capitalized terms used and not defined herein shall have the meanings given such terms in the Lock-Up and Voting Agreement, dated
February 7, 2020, by and between the Parties (collectively, the “Lock-Up Agreement”);

 

WHEREAS,
pursuant to Section 16 of the Lock-Up Agreement, the Lock-Up Agreement may be amended by written agreement of the Company and Stockholder;
and

 

WHEREAS,
the Company and Stockholder wish to amend the Lock-Up Agreement on the terms and conditions set forth in this Amendment.

 

AGREEMENT

 

NOW,
THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged and accepted by the Parties, and intending to be legally bound hereby, the Parties hereby agree as follows:

 

1.
Amendment of Lock-Up Agreement.

 

a.
Section 11(b) of the Lock-Up Agreement is hereby deleted in its entirety and replaced in lieu thereof with the following:

 

“(b)
To the extent any shares of Common Stock are issued in payment of any Earnout Consideration (as defined in the Share Purchase Agreement)
in accordance with the terms of the Share Purchase Agreement, such shares shall be considered “Shares” as defined herein,
subject to all applicable transfer restrictions, voting and other provisions as set forth herein, except as otherwise provided in this
Section 11(b), with the “Effective Date” as defined herein with respect to such shares being the date such shares were issued.
If, as of December 31, 2021: (A) the portion of the Earnout Consideration that has been paid in cash through such date represents less
than 30% of the aggregate Earnout Consideration paid, the portion of Common Stock issued as Earnout Consideration constituting the difference
between the cash percentage paid and 30% of the aggregate Earnout Consideration paid as of such date will be released from the Lock-Up
as of December 31, 2021; or (B) $1,500,000 in Earnout Consideration (such amount, the “Lock-Up Threshold”) has been
paid, the portion of Common Stock issued as Earnout Consideration constituting the difference between the cash percentage paid, if less
than 30% of the Lock-Up Threshold, and 30% of such Earnout Consideration will be released from the Lock-Up as of such payment date. In
the event that the Lock-Up Threshold is not reached as of December 31, 2021, at such time as the Lock-Up Threshold is reached, if any,
the portion of Common Stock issued as Earnout Consideration constituting the difference between (X) the cash percentage paid as of such
date (if less than 30% of the Lock-Up Threshold), and (Y) 30% of such Earnout Consideration, minus (Z) the percentage representing
the Common Stock previously released as of December 31, 2021, will be released from the Lock-Up as of such payment date. Any Common Stock
issued as Earnout Consideration and not otherwise released from the Lock-Up as set forth in this Section 2.5(a)(x) shall remain
subject to the Lock-Up for the duration of the Lock-Up Period.”

 

    	 	 	 

    	 	 	 

    

 

2.
Miscellaneous.

 

 a. Conflicting Provisions. This Amendment, together with the Lock-Up Agreement, constitutes the complete agreement between the Parties with respect to the subject matter hereof and thereof; provided that this Amendment supersedes any prior understandings, agreements or representations by or between the Parties, written or oral, which relate to the subject matter hereof between the Parties. Except as expressly contemplated herein, the Lock-Up Agreement shall otherwise remain in full force and effect in accordance with its terms. In the event of conflict between this Amendment and the Lock-Up Agreement, this Amendment shall control.

 

b.
Binding Effect. Upon each Party’s acceptance hereof by signing in the space provided below, this Amendment shall constitute
a binding agreement between the Parties, and shall inure to the benefit of the Parties’ respective successors and assigns. The
Parties hereby acknowledge the receipt and sufficiency of good and valuable consideration for their obligations hereunder.

 

c.
Other Provisions. Sections 13 and 15 of the Lock-Up Agreement are hereby incorporated by reference into this Amendment and shall
apply to this Amendment and be binding upon the Parties, mutatis mutandis, as though included in their entirety herein.

 

(Signature
Page Follows)

 

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IN
WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first above written.

 

	 	COMPANY:
	 	 
	 	Wireless
    Telecom Group, Inc.
	 	 	 
	 	By:
    	
	 	Name:	Timothy
    Whelan
	 	Title:	Chief
    Executive Officer

 

	 	STOCKHOLDER:
	 	 
	 	
	 	[NAME
    OF STOCKHOLDER]

 

[Signature Page to First Amendment to Lock-Up and Voting Agreement]

 

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