Document:

Exhibit 10.10

 

AMENDMENT TO AGREEMENT

 

THIS
AMENDMENT TO AGREEMENT (“Amendment”) is entered into and effective as of December 27, 2018 (the “Effective
Date”) by and between Summit Wireless Technologies, Inc., a Delaware corporation, formerly named Summit Semiconductor,
Inc. (the “Company”), and Michael Howse, an individual residing in California (“Howse”).

 

RECITALS

 

A.       The
Company and Howse entered into an agreement for the services of Howse dated April 6, 2018 (the “Agreement”).

 

B.       The
Company and Howse desire to amend the Agreement as set forth in this Amendment in order to, among other things, modify the terms
of compensation provided in the Agreement, including the terms of certain warrants to purchase shares of the Company’s common
stock, par value $0.0001 per share (“Common Stock”), which were previously issued to Howse pursuant to
the Agreement, attached hereto as Exhibit 1 and Exhibit 2 (collectively, the “Warrants”).

 

NOW THEREFORE, the parties to this Amendment agree as
follows:

 

		1.	Amendment to Warrants. The first section labeled Section 6 of the Agreement, except for
the last two paragraphs of such section, shall be deemed null and no longer in effect, and shall be substituted with the following:

 

“6. Other Compensation. In consideration
of your agreement to begin employment with the Company and to serve as a director of the Company, the Company will grant you two
warrants, each of which shall vest pursuant to the vesting provisions set forth in Section 2(c) of each such warrant.”

 

The Company and Howse each hereby agree and consent that
the Amended and Restated Common Stock Purchase Warrants attached hereto as Exhibit 3 and Exhibit 4 amend and restate
the Warrants attached as Exhibit 1 and Exhibit 2, respectively, and shall be issued by the Company to Howse as of
the Effective Date in place of the Warrants previously issued to Howse pursuant to Section 6 of the Agreement.

 

		2.	Amendment to Bonus Provisions. The last two paragraphs of the first section labeled Section
6 of the Agreement shall be deemed null and no longer in effect, and shall be substituted with the following:

 

“6.1 Cash Bonus – Financing. If during
the period during which Howse is employed by the Company as Interim Chief Strategy Officer and for the period ending six (6) months
thereafter (the “Term”), the Company raises capital in one or more financings that include a Strategic
Investor (as defined below), Howse will receive a cash bonus concurrently with the closings of such financings as follows:

 

	Aggregate Proceeds from Financings	 	Bonus	 
	 	 	 	 
	Greater than $4,000,000 and up to $7,999,999.99	 	$	240,000	 
	 	 	 	 	 
	$8,000,000 or greater	 	$	480,000	 

 

     

     

    

 

A round of financing with multiple closings will be considered
a single financing. Howse may elect to receive up to fifty (50%) of such compensation in the form of convertible notes or preferred
equity issued to the investors and on the same terms as such investors.

 

6.2 Management Objective Bonus – Fundamental
Transaction. If during the period during which Howse serves as a member of the Board of Directors of the Company and for the
period ending one hundred eighty (180) days thereafter, a Fundamental Transaction occurs (as defined below), Howse will receive
a cash bonus (the “Management Objective Bonus”) concurrently with the closing of such Fundamental Transaction
as part of the closing instructions (or if there is no closing applicable to such Fundamental Transaction, then from the date on
which such Fundamental Transaction is effected) as follows:

 

	Consideration	 	Management Objective Bonus	 
	 	 	 	 
	If General Expenses are incurred:	 	 	 	 
	 	 	 	 	 
	Less than $80,000,000	 	$	1,500,000	 
	 	 	 	 	 
	$80,000,000 to $99,999,999	 	$	1,500,000	 
	 	 	 	 	 
	$100,000,000 to $119,999,999	 	$	1,500,000	 
	 	 	 	 	 
	$120,000,000 to $139,999,999	 	$	2,000,000	 
	 	 	 	 	 
	$140,000,000 or greater	 	$	2,250,000	 
	 	 	 	 	 
	If General Expenses are not incurred:	 	 	 	 
	 	 	 	 	 
	Less than $80,000,000	 	$	3,000,000	 
	 	 	 	 	 
	$80,000,000 to $99,999,999	 	$	3,000,000	 
	 	 	 	 	 
	$100,000,000 to $119,999,999	 	$	3,000,000	 
	 	 	 	 	 
	$120,000,000 to $139,999,999	 	$	4,000,000	 
	 	 	 	 	 
	$140,000,000 or greater	 	$	4,500,000	 

 

As set forth on the table above, twice the amount of
bonus will be paid if the Company does not incur General Expenses.

 

“General Expenses” means the
fees of an investment bank that are charged in connection with the Fundamental Transaction of 2% or more of the Consideration.

 

     

     

    

 

“Consideration” means the total
value of all consideration received or to be received directly or indirectly by Company and/or its shareholders or other owners
(including amounts paid into escrow) as a result of such Fundamental Transaction. Such Consideration shall include the following:
cash or cash equivalents; stock or other securities (including amounts paid or payable in respect of convertible securities, options
or similar rights, whether or not vested); promissory notes or other debt instruments; indebtedness for borrowed money (including
capitalized lease and preferred stock obligations) assumed, retired or defeased by purchasers; assets to be retained by Company
(including cash, accounts receivable, inventory and equipment); earnouts; royalties; real property, personal property or intellectual
property sold or leased; employment or consulting agreements in excess of fair market rates; non-competition agreements; and management
agreements. Consideration shall also include, without duplication, the aggregate amount of any cash distributions that are outside
the ordinary course. Consideration shall include cash and cash equivalents of the Company as set forth in the Company’s balance
sheet immediately preceding the closing of the Fundamental Transaction. If a Fundamental Transaction, other than a sale of assets,
results in a majority (but less than all) of the equity securities of Company having been acquired, the Consideration shall be
calculated pursuant to this paragraph as though all of the outstanding equity securities of Company had been acquired at a price
equal to the highest price per share paid by the purchaser for any shares it acquired at the time of the Transaction.

 

The Company will pay the Management Objective Bonus by
bank wire transfer of immediately available funds to an account specified by Howse. Company may defer payment of any portion of
the Management Objective Bonus which is attributable to Consideration consisting of a future earnout, royalty, or the like (i.e.,
financial instruments or agreements, the values of which at the time of the closing cannot be determined because they are based
solely on future performance or earnings), in which case such portion of the Management Objective Bonus shall be paid to Howse
within three (3) days after Company receives the related Consideration. If all or any portion of the Consideration is of a determined
amount (i.e., not contingent) but is to be paid over time, then the portion of the Management Objective Bonus attributable thereto
shall be payable upon consummation of the Transaction.

 

“Fundamental Transaction” means
(i) the Company, directly or indirectly, in one or more related transactions effects any merger or consolidation of the Company
with or into another Person, (ii) the Company, directly or indirectly, effects any sale, lease, license, assignment, transfer,
conveyance or other disposition of all or substantially all of its assets in one or a series of related transactions, (iii) any,
direct or indirect, purchase offer, tender offer or exchange offer (whether by the Company or another Person) is completed pursuant
to which holders of Common Stock are permitted to sell, tender or exchange their shares for other securities, cash or property
and has been accepted by the holders of 50% or more of the outstanding Common Stock, (iv) the Company, directly or indirectly,
in one or more related transactions effects any reclassification, reorganization or recapitalization of the Common Stock or any
compulsory share exchange pursuant to which the Common Stock is effectively converted into or exchanged for other securities, cash
or property, (v) the Company, directly or indirectly, in one or more related transactions consummates a stock or share exchange
agreement or other business combination (including, without limitation, a reorganization, recapitalization, spin-off or scheme
of arrangement) with another Person or group of Persons whereby such other Person or group acquires more than 50% of the outstanding
shares of Common Stock (not including any shares of Common Stock held by the other Person or other Persons making or party to,
or associated or affiliated with the other Persons making or party to, such stock or share exchange agreement or other business
combination), or (vi) any other transaction or series of related transactions in which more than fifty percent (50%) of the voting
power of the Company changes ownership occurs.

 

“Person” means an individual
or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability company, joint
stock company, government (or an agency or subdivision thereof) or other entity of any kind.

 

     

     

    

 

“Strategic
Investor” means any Person (or equity holder of such Person) that: (a) is, itself or through its subsidiaries, an
operating company or an owner of an asset in a business synergistic with the business of the Company and shall provide to
the Company additional benefits in addition to the investment of funds, or (b) the Chief Executive Officer of the Company agrees
in writing (including email) provided to Howse to treat as a “Strategic Investor” for the purposes of Management Objective
Bonus.”

 

		3.	Deferred Shares. On January 4, 2019, the Company will grant to Howse Deferred Shares, as that term is defined in the
Company’s 2018 Long-Term Stock Incentive Plan (the “Plan”). The terms of the Deferred Shares shall
be subject to the terms of the Plan and the terms of the Deferred Shares Agreement, the form of which is attached as Exhibit
5 (the “Deferred Shares Agreement”). However, if for any reason the Company cannot grant such Deferred
Shares to Howse on January 4, 2019 because he is no longer a service provider to the company (i.e. is no longer an employee or
member of the Board of Directors) other than by his own resignation, and if a Fundamental Transaction occurs within one hundred
and eighty days (180) of such termination, then the Company will pay to Howse a cash bonus at the closing of such Fundamental Transaction
(or if there is no closing applicable to such Fundamental Transaction, then the date on which such Fundamental Transaction is effected)
that will provide Howse with the same economic benefit as if such Deferred Shares would have been granted on January 4, 2019 and
completely vested.

 

		4.	Representations.

 

		4.1.	The Company represents to Howse that as of November 14, 2018, (a) there are an aggregate of 15,366,327 shares of Common Stock
issued and outstanding, and no other shares of capital stock of the Company issued or outstanding, and (b) the Fully Diluted Capitalization
of the Company is 25,251,492 shares of Common Stock.

 

		4.2.	The Company represents to Howse that as of November 14, 2018, no stockholder or other person or
entity has any right to a liquidation preference senior to the holders of Common Stock.

 

		4.3.	“Fully Diluted Capitalization” means the number of shares of Common Stock outstanding treating for
this purpose as outstanding all shares of Common Stock, any securities of the Company or its subsidiaries which would entitle the
holder thereof to acquire at any time Common Stock, including, without limitation, any debt, preferred stock, right, option, warrant
or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof
to receive, Common Stock, and all shares reserved for issuance under the Plan regardless of whether options or shares have been
granted or vested.

 

		5.	The Company and Howse agree that the relationship created by the Agreement was a consulting relationship during the period
from April 6, 2018 to October 31, 2018, notwithstanding the language in the Agreement stating that it was an offer of employment.
However, the Company and Howse agree that Howse will be deemed a part-time employee of the Company whose employment commenced on
November 1, 2018 under the terms of the Agreement as amended by this Amendment, provided that Howse shall not be eligible to receive
vacation or sick days or medical benefits from the Company. The Company will pay Howse’s salary in
accordance with its standard payroll procedures for November 2018 and Howse shall be entitled to participate, if he desires to
do so, in the Company’s 401(k) retirement plan, Flex Spending plan and any such plans available to part-time employees pursuant
to the Company’s then benefit offerings.

 

     

     

    

 

		6.	Additional Terms.

 

		6.1.	The Company represents and warrants that all corporate and stockholder action on the part of the Company and its directors,
officers and stockholders necessary for the authorization, execution and delivery of this Amendment, the Warrants, and the Deferred
Shares Agreement (collectively, the “Transaction Agreements”) by the Company, the authorization, sale,
issuance and delivery of the Common Stock pursuant to the Transaction Agreements, and the performance of all of the Company’s
obligations under the Transaction Agreements has been taken. The Transaction Agreements, when executed and delivered by the Company,
shall constitute valid and binding obligations of the Company, enforceable in accordance with their terms, except (a) as limited
by laws of general application relating to bankruptcy, insolvency and the relief of debtors and (b) as limited by rules of law
governing specific performance, injunctive relief or other equitable remedies and by general principles of equity. The execution,
delivery and performance of the Transaction Agreements, and the consummation of the transactions contemplated hereby or thereby,
will not result in any such violation or be in conflict with or constitute, with or without the passage of time and the giving
of notice, either a default under any such provision, instrument, judgment, order, writ, decree or contract or an event that results
in the creation of any material lien, charge or encumbrance upon any assets of the Company or in the diminution of rights of the
Company or the expansion of rights of any third party or of any obligations of the Company. No consent, approval, order or authorization
of, or registration, qualification, designation, declaration or filing with, any federal, state or local governmental authority
is required on the part of the Company in connection with the consummation of the transactions contemplated by this Amendment.

 

		6.2.	This Amendment will take effect upon being executed by both parties below. The Agreement, this Amendment, the Warrants, and
the Deferred Shares Agreement constitute the complete agreement between Howse and the Company, contain all of the terms of Howse’s
employment with the Company and supersede any prior agreements, representations or understandings (whether written, oral or implied)
between Howse and the Company. This Amendment may not be amended or modified, except by an express written agreement signed by
both Howse and the Company.

 

		6.3.	The terms of this Amendment and the resolution of any disputes as to the meaning, effect, performance or validity of this Amendment
or arising out of, related to, or in any way connected with, this Amendment, Howse’s employment with the Company or any other
relationship between Howse and the Company (collectively, “Disputes”) will be governed by California
law, excluding laws relating to conflicts or choice of law. Howse and the Company submit to the exclusive personal jurisdiction
of the federal and state courts located in Santa Clara County, California in connection with any Dispute or any claim related to
any Dispute.

 

		6.4.	The provisions of the following Sections will survive any termination or expiration of this Amendment:
1, 2, 3, 4, 5 and 6.

 

{Signature Page Follows}

 

     

     

    

 

IN WITNESS WHEREOF, the parties have
caused their duly authorized representatives to execute and deliver this Amendment to Agreement as of the date first set forth
above.

 

	MICHAEL
HOWSE	 	SUMMIT
    WIRELESS TECHNOLOGIES, INC.
	 	 	 	 	 
	Signature	/s/ Michael Howse	 	Signature	/s/ Brett Moyer
	 	 	 	 	 
	Printed Name	Michael Howse	 	Printed Name	Brett Moyer
	 	 	 	 	 
	Title	 	 	Title	CEO and President
	 	 	 	 	 
	Date Signed	12/28/2018	 	Date Signed	12/28/2018Exhibit 10.11

 

SUMMIT WIRELESS TECHNOLOGIES, INC.

 

2018 LONG-TERM STOCK INCENTIVE PLAN

 

DEFERRED SHARES AGREEMENT

 

This Deferred
Shares Agreement (this “Agreement”) is entered into as of JANUARY 4, 2019 (the “Grant Date”)
by and between Michael Howse (the “Participant”) and Summit Wireless Technologies, Inc. (“Summit”,
and together with its Subsidiaries, the “Company”).

 

		I.	GRANT OF AWARD

 

Subject to the
terms set forth in this Agreement, Summit has granted the Participant Deferred Shares, i.e., an award pursuant to Section 7.D of
the Summit Semiconductor, Inc. 2018 Long-Term Stock Incentive Plan (the “Plan”).

 

Number of Deferred Shares: 400,000

 

Each Deferred Share represents the Participant’s
right to receive one share of Common Stock, subject to the terms and conditions of the Plan and this Agreement. Capitalized terms
used but not otherwise defined in this Agreement shall have the meanings given to such terms in the Plan.

 

		II.	TERMS OF DEFERRED SHARES

 

		1.	Vesting of Deferred Shares.

 

		(a)	In General. Except as otherwise provided herein, if a Fundamental Transaction (as such term is defined in the agreement
between Summit and the Participant, dated April 6, 2018, as amended on December 27, 2018 (such agreement, as amended, the “Howse
Agreement”)) has not occurred as of the date that is one hundred and eighty (180) days after either the date that
the Participant ceases to be employed by the Company, the date that Participant is no longer a Consultant, or the date that the
Participant is no longer a member of the Board of Directors of the Company, whichever occurs last (the “Termination Date”),
then all of the then outstanding and unvested Deferred Shares will be forfeited and the Participant will have no further rights
to such unvested Deferred Shares.

 

     

     

    

 

		(b)	Specific Vesting Terms.

 

Vesting of the Deferred Shares will occur immediately
prior to a Fundamental Transaction. The number of Deferred Shares that shall vest shall be based on the Consideration (as defined
in the Howse Agreement) in connection with such Fundamental Transaction as set forth in the table below:

 

	 	 	Less than	 	 	$80,000,000-	 	 	$100,000,000 or	 
	Consideration:	 	$80,000,000	 	 	$99,999,999	 	 	Greater	 
	 	 	 	 	 	 	 	 	 	 
	Deferred Shares Vested:	 	 	75,000	 	 	 	125,000	 	 	 	200,000	 
	Deferred Shares Vested (no General Expenses):	 	 	150,000	 	 	 	250,000	 	 	 	400,000	 

 

As set forth in the table above, twice the number
of shares will vest if the Company does not incur General Expenses. “General Expenses” means the fees of an
investment bank that are charged in connection with the Fundamental Transaction of 2% or more of the Consideration.

 

		(c)	Death of Participant. If, while Participant is employed by the Company, he dies within one hundred eighty (180) days
prior to the date of a Fundamental Transaction, then on the date of such Fundamental Transaction (i) the number of unvested Deferred
Shares that would have vested for Participant in Section II(1)(c) above based on the Consideration received by the Company in connection
with such Fundamental Transaction shall immediately vest and (ii) any delivery of such vested Deferred Shares shall be distributed
to the Participant’s designated beneficiary, provided that such beneficiary has been designated prior to the Participant’s
death, and in the absence of any such effective designation, such vested Deferred Shares will be delivered to the administrator
or executor of Participant’s estate; provided, that, if the Participant is a director or executive officer
(within the meaning of Section 16 of the Exchange Act and the regulations thereunder) of Summit (each, a “Section 16 Person”)
as of the Grant Date and/or as of the Participant’s death, then such vesting acceleration shall not be applicable and all
of the then outstanding and unvested Deferred Shares shall be forfeited. Any such administrator or executor must furnish Summit
with (A) written notice of his or her status as transferee, (B) a copy of the will and/or such evidence as the Committee may deem
necessary to establish the validity of the transfer, and (C) an agreement by the transferee to comply with all the terms and conditions
of the Deferred Shares that are or would be applicable to the Participant and to be bound by the acknowledgments made by the Participant
hereunder. Delivery of the shares of Common Stock will be made as soon as practicable following the Participant’s date of
death, but in no event later than thirty (30) days following such date.

 

		2.	Settlement of Deferred Shares. Settlement of vested Deferred Shares shall occur as soon as practicable following the
applicable vesting date, but in no event later than necessary for the Participant to obtain the full economic benefits of the Fundamental
Transaction as a holder of the underlying Common Stock to be issued pursuant to the vested Deferred Shares.

 

		3.	HSR Consultation and Filing Fee. Participant understands that settlement of vested Deferred
Shares may trigger reporting obligations pursuant to the Hart-Scott-Rodino (HSR) Act and that the determination of whether the
reporting obligations are triggered depends upon the Participant’s individual circumstances, including the value of the Common
Stock held by the Participant at the time of settlement. If, in option of the Participant’s legal counsel, an HSR reporting
obligations may be triggered by the vesting of the Deferred Shares granted pursuant to this Agreement, and Summit’s own legal
counsel confirms that a reporting obligation will in fact be triggered, then Summit will pay the applicable filing fees directly
to the Federal Trade Commission and will make a payment to the Participant that is sufficient to put the Participant in the same
after-tax position that the Participant would have been in had Summit not paid the filing fees on the Participant’s behalf.
Notwithstanding the foregoing, the Participant agrees and acknowledges that the Participant is not relying on Summit or
Summit’s legal counsel for any HSR-related advice.

 

     

     

    

 

		4.	Taxes. The Participant acknowledges that the Participant is ultimately liable and responsible
for any and all income taxes (including federal, state and local income taxes), social insurance, payroll taxes and other tax-related
withholding (the “Tax-Related Items”) arising in connection with the Deferred Shares, regardless of any action
the Company takes with respect to such Tax-Related Items.

 

		5.	Rights as Stockholder. Neither the Participant nor any person claiming under or through the Participant will have any
of the rights or privileges of a stockholder of the Company with respect to Deferred Shares unless and until such Deferred Shares
of Common Stock are vested and issued on the records of Summit or its transfer agents or registrars. After such issuance, the Participant
will have all the rights as a stockholder of Summit with respect to such shares of Common Stock.

 

		6.	No Special Employment Rights; No Right to Future Awards. Nothing contained in this Agreement shall confer upon the Participant
any right with respect to the continuation of his or her employment by, or service to, the Company or interfere in any way with
the right of the Company at any time to terminate such employment or service.

 

		7.	Deferred Shares Not Transferable. Except to the limited extent provided in Section 1(b) above, the Deferred Shares and
the rights and privileges conferred hereby may not be transferred, assigned, pledged or hypothecated in any way by the Participant
(whether by operation of law or otherwise) and may not be subject to sale under execution, attachment or similar process. Any attempt
by the Participant to transfer, assign, pledge, hypothecate or otherwise transfer the Deferred Shares, or any right or privilege
conferred hereby, and any attempted sale under any execution, attachment or similar process, shall be void and unenforceable against
the Company.

 

		8.	Modification; Entire Agreement; Waiver. No modification of any provision of this Agreement which reduces the Participant’s
rights hereunder will be valid unless the same is agreed to in writing by the parties hereto. This Agreement, including the Appendix
and the Deferred Shares Details, together with the Plan, represent the entire agreement between the parties with respect to the
Deferred Shares. The failure of Summit to enforce at any time any provision of this Agreement will in no way be construed to be
a waiver of such provision or of any other provision hereof.

 

		9.	Binding Agreement. Subject to the limitation on the transferability of the Deferred Shares contained herein, this Agreement
will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties
hereto.

 

		10.	Plan Governs. This Agreement is subject in all respects to all terms and provisions of the Plan and the Plan document
is hereby incorporated into this Agreement. In the event of a conflict between one or more provisions of this Agreement and one
or more provisions of the Plan, the provisions of the Plan will control.

 

		11.	Captions. Captions provided herein are for convenience only and shall not affect the scope,
meaning, intent or interpretation of the provisions of this Agreement.

 

		12.	Severability. In the event that any provision in this Agreement is held to be invalid or unenforceable for any reason,
such provision will be severable from, and such invalidity or unenforceability will not be construed to have any effect on, the
remaining provisions of this Agreement.

 

     

     

    

 

		13.	Governing Law. This Agreement shall be construed and administered in accordance with the
laws of the State of California without regard to its conflict of law principles.

 

		14.	Section 409A Compliance. It is intended that the Plan and the Agreement comply with, or be exempt from, the requirements
of Section 409A and any related guidance promulgated with respect to such Section by the U.S. Department of the Treasury or the
Internal Revenue Service. Accordingly, to the maximum extent permitted, this Agreement shall be interpreted and administered to
be in compliance therewith or exempt therefrom. Notwithstanding anything contained herein to the contrary, to the extent required
in order to avoid accelerated taxation and/or tax penalties under Section 409A, the Participant shall not be considered to have
terminated employment with, or service to, the Company for purposes of this Agreement until the Participant would be considered
to have incurred a “separation from service” from the
Company within the meaning of Section 409A. Each amount to be paid or benefit to be provided pursuant to this Agreement shall be
construed as a separate identified payment for purposes of Section 409A.

  

		15.	Employee Data Privacy.

 

		(a)	The Participant hereby explicitly and unambiguously consents to the collection, use and transfer, in electronic or other form,
of his or her personal data as described in this Agreement by and among, as applicable, the Company and its Subsidiaries and affiliates
for the exclusive purpose of implementing, administering and managing the Participant’s participation in the Plan.

 

		(b)	The Participant understands that the Company may hold certain personal information about him or her, including, but not limited
to, the Participant’s name, home address and telephone number, date of birth, social insurance number or other identification
number, salary, nationality, job title, any shares of Common Stock or directorships held in the Company, details of all entitlement
to shares of Common Stock awarded, canceled, exercised, vested, unvested or outstanding in Participant’s favor,
for the purpose of implementing, administering and managing the Plan (“Data”).

  

		(c)	The Participant understands that Data will be transferred to such other third parties as may be selected by the Company in
the future to assist the Company with the implementation, administration and management of the Plan, that these recipients may
be located in the Participant’s country or elsewhere, and that the recipient’s country may have different data privacy
laws and protections than the Participant’s country. The Participant understands that he or she may request a list with the
names and addresses of any potential recipients of the Data by contacting the Participant’s local human resources representative.

 

		(d)	The Participant authorizes the Company and any other possible recipients which may assist the
Company (presently or in the future) with implementing, administering and managing the Plan to receive, possess, use, retain and
transfer the Data, in electronic or other form, for the sole purpose of implementing, administering and managing the Participant’s
participation in the Plan, including any requisite transfer of such Data as may be required to a broker or other third party with
whom the Participant may elect to deposit any shares of Common Stock acquired upon settlement of the Deferred Shares. The Participant
understands that Data will be held only as long as is necessary to implement, administer and manage the Participant’s participation
in the Plan. The Participant understands that the Participant may, at any time, view Data, request additional information about
the storage and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents herein, in any
case without cost, by contacting in writing the Participant’s local human resources representative. The Participant understands,
however, that refusing or withdrawing consent may affect the Participant’s ability to participate in the Plan. For more
information on the consequences of the refusal to consent or withdrawal of consent, the Participant understands that he or she
may contact his or her local human resources representative.

 

{Signature Page Follows}

 

     

     

    

 

IN WITNESS WHEREOF, the
parties have caused their duly authorized representatives to execute and deliver this Deferred Shares Agreement as of the date
first set forth above.

 

	MICHAEL
HOWSE	 	SUMMIT
    WIRELESS TECHNOLOGIES, INC.
	 	 	 	 	 
	Signature	/s/ Michael Howse	 	Signature	/s/ Brett Moyer
	 	 	 	 	 
	Printed Name	Michael Howse	 	Printed Name	Brett Moyer
	 	 	 	 	 
	Title	 	 	Title	CEO
	 	 	 	 	 
	Date Signed	1/4/2019	 	Date Signed	1/4/2019

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