Document:

EX-10.8

 Exhibit 10.8 

LEASE AGREEMENT 
 This
Lease, made this 25th day of May, 2006 between CROSSROADS ASSOCIATES AND CLOCKTOWER ASSOCIATES, hereinafter called Landlord, and SONIM TECHNOLOGIES, INC., a Delaware Corporation, hereinafter called Tenant. 

WITNESSETH: 
 Landlord
hereby leases to Tenant and Tenant hereby hires and takes from Landlord those certain premises (the “Premises”) outlined in red on Exhibit “A” and designated as “Suite 620” attached hereto and incorporated herein by
this reference thereto and more particularly described as follows: 
 Approximately 3,556 square feet of rentable space (which includes Tenant’s
prorata share of building common areas) located on the sixth floor of the “Building” located at 1875 South Grant Street, San Mateo, San Mateo County, California. Tenant’s Suite Number in the Building shall be 620. The square feet of
rentable area within the Premises has been determined by Landlord’s architect. 
 As used herein the Complex shall mean and include all of the land
outlined in red and described in Exhibit “B”, attached hereto, and all of the buildings, improvements, fixtures and equipment now or hereafter situated on said land. 

Said letting and hiring is upon and subject to the terms, covenants and conditions hereinafter set forth and Tenant covenants as a material
part of the consideration for this Lease to perform and observe each and all of said terms, covenants and conditions. This Lease is made upon the conditions of such performance and observance. 

1.      USE Tenant shall use the Premises only in conformance with applicable governmental laws, regulations, rules and
ordinances for the purpose of General Office uses and for no other purpose. Tenant shall not do or permit to be done in or about the Premises or the Complex nor bring or keep or permit to be brought or kept in or about the Premises or the
Complex anything which is prohibited by or will in any way increase the existing rate of (or otherwise affect) fire or any insurance covering the Complex or any part thereof, or any of its contents, or will cause a cancellation of any insurance
covering the Complex or any part thereof, or any of its contents. Tenant shall not do or permit to be done anything in, on or about the Premises or the Complex which will in any way obstruct or interfere with the rights of other tenants or occupants
of the Complex or injure or annoy them, or use or allow the Premises to be used for any improper, immoral, unlawful or objectionable purpose, nor shall Tenant cause, maintain or permit any nuisance in, on or about the Premises or the Complex. No
sale by auction shall be permitted on the Premises. Tenant shall not place any loads upon the floors, walls, or ceiling, which endanger the structure, or place any harmful fluids or other materials in the drainage system of the building, or overload
existing electrical or other mechanical systems. No waste materials or refuse shall be dumped upon or permitted to remain upon any part of the Premises or outside of the building in which the Premises are a part, except in trash containers placed
inside exterior enclosures designated by Landlord for that purpose or inside of the building proper where designated by Landlord. No materials, supplies, equipment, finished products or semi-finished products, raw materials or articles of any nature
shall be stored upon or permitted to remain outside the Premises or on any portion of common area of the Complex. No loudspeaker or other devise, system or apparatus which can be heard outside the Premises shall be used in or at the Premises without
the prior written consent of Landlord. Tenant shall not commit or suffer to be committed any waste in or upon the Premises. Tenant shall indemnify, defend and hold Landlord harmless against any loss, expense, damage, attorney’s fees, or
liability arising out of failure of Tenant to comply with any applicable law. Tenant shall comply with any covenant, condition, or restriction (“CC&R’s”) affecting the Premises. The provisions of this paragraph are for the benefit
of Landlord only and shall not be construed to be for the benefit of any tenant or occupant of the Complex. Notwithstanding anything in this Lease to the contrary, Tenant shall not be responsible for compliance with any applicable laws or
CC&R’s affecting the Premises where such compliance would require expenditures or is not related specifically to Tenant’s use and occupancy of the Premises. 

  

			
	
                   
       
	  	
                   
       

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 2.      TERM 

A. The term of this Lease shall be for a period of Thirteen (13) months (unless sooner terminated as hereinafter provided)
and, subject to Paragraph 2(B) shall commence on the 15th day of July, 2006 and end on the 14th day of August, 2007. 

Landlord and Tenant hereby acknowledge that the entire 8th floor of the 1875 South Grant
Street Building, is currently leased to Oracle USA, Inc., a Colorado Corporation (hereinafter referred to as Oracle), as successor in interest to Siebel Systems, Inc., a Delaware corporation (hereinafter referred to as “Siebel”) pursuant
to the terms of a Lease Agreement (the “Siebel Lease”) dated June 4, 1996 and the First Amendment to Lease Through the Seventeenth Amendment to Lease, all entered into by Siebel, as Tenant, and Crossroads Associates and Clocktower
Associates, as Landlord. Tenant is currently in possession of and occupies the eighth floor of the 1875 Building pursuant to the terms of a Sublease Agreement with Oracle with an expiration date of August 7, 2006. Tenant represents and warrants
to Landlord that to Tenant’s knowledge, there are no facts or circumstances which have arisen or which may arise in the future under or in connection with the Oracle Lease or Tenant’s Sublease with Oracle for which Landlord is or may be
liable to Tenant. Tenant hereby acknowledges that it is Landlord’s intention to make certain renovations and to construct certain improvements on the 8th floor of the 1875 Building during the
term of Tenant’s Sublease with Oracle. The improvements and renovations include, but are not limited to, the renovation of the elevator lobby, construction of a loop corridor, and the installation of private offices and other rooms such as
server rooms and storage rooms and kitchens.To accommodate such construction, Tenant agrees to relocate Tenant’s personnel from June 15, 2006 through July 14, 2006 to the area generally designated as Suite 850 on Exhibit C. Landlord
hereby agrees to use good construction practices to allow Tenant to conduct Tenant’s business during the construction period and to safeguard Tenant’s personnel and equipment. Landlord shall use best efforts to minimize the disruption to
Tenant and to diligently prosecute improvements and renovations to completion. In turn, Tenant agrees to accommodate Landlord’s construction and to cooperate in the scheduling of the work. 

B. Possession of the Premises shall be deemed tendered and the term of this Lease shall commence on July 15, 2006. Upon the full
execution of this Lease Agreement, Tenant shall have early access to the Premises prior to July 15, 2006 for the installation of furniture, telephone and computer related equipment subject to all the terms and conditions of the Lease excluding
the payment of Basic Rent and Additional Rent. In the event Tenant’s installation of furniture, telephone and computer related equipment is completed prior to July 15, 2006, Tenant is herein granted the right to occupy the Premises early
with operating personnel subject to all the terms and conditions of the Lease. During this early occupancy, Tenant will only be responsible for the payment of Additional Rent prior to July 15, 2006. In the event Tenant occupies the Premises
early, as provided for herein, nevertheless the commencement date of the Lease shall remain July 15, 2006. 

3.      DELETED 

4.      RENT 

A. Basic Rent. Tenant agrees to pay to Landlord at such place as Landlord may designate without deduction, offset, prior notice, or
demand, and Landlord agrees to accept as Basic Rent for the Premises the total sum of Sixty Six Thousand One Hundred Forty One and 60/100 ($66,141.60) Dollars in lawful money of the United States of America, payable as follows: 

$ 5,511.80 shall be due and payable upon execution of this Lease and represents payment of the Basic Rent for the second month of the Lease. The following
amounts shall be due and payable on or before the first day of each month of the Lease term as indicated for the time periods described: 
  

			
	 MONTH OF LEASE
	  	 BASIC RENT PER MONTH

	 1
	  	$0.00
	 2-13
	  	$5,511.80

 Tenant will not be responsible for the payment of Basic Rent for the first month of the lease term, as provided for herein.
However, Tenant will be responsible for the payment of Additional Rent beginning with the first month of the lease term. 
 B.
Time for Payment. In the event that the term of this Lease commences on a date other than the first day of a calendar month, on the date of commencement of the term hereof Tenant shall pay to 

  

			
	
                   
       
	  	
                   
       

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Landlord as rent for the period from such date of commencement to the first day of the next succeeding calendar month that proportion of the monthly rent hereunder which the number of days
between such date of commencement and the first day of the next succeeding calendar month bears to thirty (30). In the event that the term of this Lease for any reason ends on a date other than the last day of a calendar month, on the first day of
the last calendar month of the term hereof Tenant shall pay to Landlord as rent for the period from said first day of said last calendar month to and including the last day of the term hereof that proportion of the monthly rent hereunder which the
number of days between said first day of said last calendar month and the last day of the term hereof bears to thirty (30). 
 C. Late
charge. Notwithstanding any other provision of this Lease, if Tenant is in default in the payment of rent as set forth in this Paragraph 4 when due and the cure period set forth in Section 22 has expired, or any part thereof, Tenant agrees
to pay Landlord, in addition to the delinquent rental due, a late charge for each rental payment in default ten (10) days. Said late charge shall equal ten (10%) percent of each rental payment so in default. 

D. Additional Rent. Beginning with the commencement date of the term of this Lease, Tenant shall pay to Landlord in addition to the
Basic Rent and as Additional Rent the following: 
  

	 	(1)	 Tenant’s proportionate share of all utilities relating to the Complex as set forth in Paragraph 11, and

  

	 	(2)	 Tenant’s proportionate share of all Taxes relating to the Complex as set forth in Paragraph 12, and

  

	 	(3)	 Tenant’s proportionate share of all insurance premiums relating to the Complex, as set forth in Paragraph
15, and 

  

	 	(4)	 Tenant’s proportionate share of expenses for the operation, management, maintenance and repair of the
Building (including common areas of the Building) and Common Areas of the Complex in which the Premises are located as set forth in Paragraph 7, and 

  

	 	(5)	 All charges, costs and expenses, which Tenant is required to pay hereunder, together with all interest and
penalties, costs and expenses including attorney’s fees and legal expenses, that may accrue thereto in the event of Tenant’s failure to pay such amounts, and all damages, reasonable costs and expenses which landlord may incur by reason of
default of Tenant or failure on Tenant’s part to comply with the terms of this Lease. In the event of nonpayment by Tenant of Additional Rent, Landlord shall have all the rights and remedies with respect thereto as Landlord has for nonpayment
of rent. 

 Tenant shall pay to Landlord monthly, in advance, Tenant’s prorata share of an amount estimated by Landlord to be
Landlord’s approximate average monthly expenditure for such Additional Rent items, which estimated amount shall be reconciled at the end of each calendar year as compared to Landlord’s actual expenditure for said Additional Rent items,
with Tenant paying to Landlord, upon demand, any amount of actual expenses expended by Landlord in excess of said estimated amount, or Landlord refunding to Tenant (providing Tenant is not in default in the performance of any of the terms, covenants
and conditions of this Lease) any amount of estimated payments made by Tenant in excess of Landlord’s actual expenditures for said Additional Rent items. Within 90 days after receipt of Landlord’s statement setting forth actual
expenditures for Additional Rent items (the “Statement”), Tenant shall have the right to audit at Landlord’s local offices, at Tenant’s expense, Landlord’s accounts and records relating to Additional Rent. Such audit shall
be conducted by a certified public accountant approved by Landlord, which approval shall not be unreasonably withheld. If such audit reveals that Landlord has overcharged Tenant, the amount overcharged shall be paid to Tenant within 30 days after
the audit is concluded. In addition, if the Statement exceeds the actual Additional Rent which should have been charged to Tenant by more than 5%, the reasonable cost of the audit shall be paid by Landlord. 

Tenant’s payment for such Additional Rent as of the commencement of the Term of this Lease shall be Three Thousand Three Hundred Seven
and 08/100 ($3,307.08) Dollars per month ($0.93 x 3,556 s.f. = $3,307.08). Any payments required to be made by Tenant for Additional Rent shall be made by check or instrument separate from that check or instrument used by Tenant to make any
payments for Basic Rent pursuant to paragraph 4 A. 
 The respective obligations of Landlord and Tenant under this paragraph shall survive
the expiration or other termination of the term of this Lease, and if the term hereof shall expire or shall otherwise terminate on a day other than the last day of a calendar year, the actual Additional Rent incurred for the calendar year in which
the term hereof expires or otherwise terminates shall be determined and settled on the basis of the statement of actual Additional Rent for such calendar year and shall be prorated in the proportion which the number of days in such calendar year
preceding such expiration or termination bears to 365. 

  

			
	
                   
       
	  	
                   
       

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 E. Place of Payment of Rent and Additional Rent. All Basic Rent hereunder and all
payments hereunder for Additional Rent shall be paid to Landlord at the office of Landlord at 1875 South Grant Street, Suite 100, San Mateo, CA 94402, or to such other person or to such other place as Landlord may from time to time designate in
writing. 
 F. Security Deposit. Concurrently with Tenant’s execution of this Lease, Tenant shall deposit with Landlord the sum
of Nine Thousand and 00/100 ($9,000.00) Dollars (the “Security Deposit”). Said sum shall be held by Landlord as a Security Deposit for the faithful performance by Tenant of all the terms, covenants, and conditions of this Lease to
be kept and performed by Tenant during the term hereof. If Tenant defaults with respect to any provisions of this Lease, including, but not limited to, the provisions relating to the payment of rent and any of the monetary sums due herewith,
Landlord may (but shall not be required to ) use, apply or retain all or any part of this Security Deposit for the payment of any other amount which Landlord may spend by reason of Tenant’s default or to compensate Landlord for any other loss
or damage which Landlord may suffer by reason of Tenant’s default. If any portion of said Deposit is so used or applied, Tenant shall, within ten (10) days after written demand therefor, deposit cash with Landlord in the amount sufficient
to restore the Security Deposit to its original amount. Tenant’s failure to do so shall be a material breach of this Lease. Landlord shall not be required to keep this Security Deposit separate from its general funds, and Tenant shall not be
entitled to interest on such Deposit. if Tenant fully and faithfully performs every provision of this Lease to be performed by it, the Security Deposit or any balance thereof shall be returned to Tenant (or at Landlord’s option, to the last
assignee of Tenant’s interest hereunder) at the expiration of the Lease term and after Tenant has vacated the Premises. In the event of termination of Landlord’s interest in this Lease, Landlord shall transfer said Deposit to
Landlord’s successor in interest whereupon Tenant agrees to release Landlord from liability for the return of such Deposit or the accounting therefor. 

5.      RULES AND REGULATIONS AND COMMON AREA Subject to the terms and conditions of this Lease and such Rules and
Regulations as Landlord may from time to time prescribe, Tenant and Tenant’s employees, invitees and customers shall, in common with other occupants of the Complex in which the Premises are located, and their respective employees, invitees and
customers, and others entitled to the use thereof, have the non-exclusive right to use the access roads, parking areas, and facilities provided and designated by Landlord for the general use and convenience of
the occupants of the Complex in which the Premises are located, which areas and facilities are referred to herein as “Common Area” This right shall terminate upon the termination of this Lease. Landlord reserves the right from time to time
to make changes in the shape, size, location, amount and extent of Common Area. Landlord further reserves the right to promulgate such reasonable rules and regulations relating to the use of the Common Area, and any part or parts thereof, as
Landlord may deem appropriate for the best interests of the occupants of the Complex. The Rules and Regulations shall be binding upon Tenant upon delivery of a copy of them to Tenant, and Tenant shall abide by them and cooperate in their observance.
Such Rules and Regulations may be amended by Landlord from time to time, with or without advance notice, and all amendments shall be effective upon delivery of a copy to Tenant. Landlord shall not be responsible to Tenant for the non-performance by any other tenant or occupant of the Complex of any of said Rules and Regulations. 

Landlord shall operate, manage and maintain the Common Area. The manner in which the Common Area shall be maintained and the expenditures for
such maintenance shall be at the reasonable discretion of Landlord. 
 6      PARKING Tenant shall have the right at no
charge to use with other tenants or occupants of the Complex eleven (11) undesignated parking spaces in the common parking areas of the Complex. Tenant agrees that Tenant, Tenant’s employees, agents, representatives and/or invitees shall
not use parking spaces in excess of the eleven (11) spaces allocated to Tenant hereunder. Landlord shall have the right, at Landlord’s sole discretion, to specifically designate the location of Tenant’s parking spaces within the
common parking areas of the Complex in the event of a dispute among the tenants occupying the building and/or Complex referred to herein, in which event Tenant agrees that Tenant, Tenant’s employees, agents, representatives and/or invitees
shall not use any parking spaces other than those parking spaces specifically designated by Landlord for Tenant’s use. Said parking spaces, if specifically designated by landlord to Tenant, may be relocated by Landlord at any time, and from
time to time. Landlord reserves the right, at Landlord’s sole discretion, to rescind any specific designation of parking spaces, thereby returning Tenant’s parking spaces to the common parking area. Landlord shall give Tenant written
notice of any change in Tenant’s parking spaces. Tenant shall not, at any time, park, or permit to be parked, any trucks or vehicles adjacent to the loading areas so as to interfere in any way with the use of such areas, nor 

  

			
	
                   
       
	  	
                   
       

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shall Tenant at any time park, or permit the parking of Tenant’s trucks or other vehicles or the trucks and vehicles of Tenant’s suppliers or others, in any portion of the common area
not designated by Landlord for such use by Tenant. Tenant shall not park not permit to be parked, any inoperative vehicles or equipment on any portion of the common parking area or other common areas of the Complex. Tenant agrees to assume
responsibility for compliance by its employees with the parking provision contained herein. If Tenant or its employees park in other than such designated parking areas, then Landlord may charge Tenant, as an additional charge, and Tenant agrees to
pay, ten ($10.00) Dollars per day for each day or partial day each such vehicle is parked in any area other than that designated. Tenant hereby authorizes Landlord at Tenant’s sole expense to tow away from the Complex any vehicle belonging to
Tenant or Tenant’s employees parked in violation of these provisions, or to attach violation stickers or notices to such vehicles. Tenant shall use the parking areas for vehicle parking only, and shall not use the parking areas for storage.

 7.      EXPENSES OF OPERATION, MANAGEMENT AND MAINTENANCE OF THE COMMON AREAS OF THE COMPLEX, PREMISES AND
BUILDING IN WHICH THE PREMISES ARE LOCATED As Additional Rent and in accordance with Paragraph 4 D of this Lease, Tenant shall pay to Landlord Tenant’s proportionate share (calculated on a square footage or other equitable basis as
calculated by Landlord) of all expenses of operation, management, maintenance and repair of the Common Areas of the Complex including, but not limited to, license, permit and inspection fees; security; utility charges associated with exterior
landscaping and lighting (including water and sewer charges); all charges incurred in the maintenance of landscaped areas, lakes, parking lots, sidewalks, driveways; maintenance, repair and replacement of all fixtures and electrical, mechanical and
plumbing systems; structural elements and exterior surfaces of the buildings; salaries and employees benefits of personnel and payroll taxes applicable thereto; supplies, materials, equipment and tools; the cost of capital expenditures which have
the effect of reducing operating expenses, provided, however, that in the event Landlord makes such capital improvements, Landlord may amortize its investment in said improvements (together with interest at the rate of eight (8%) percent per annum
on the unamortized balance) as an operating expense in accordance with standard accounting practices, provided, that such amortization is not a rate greater than the anticipated savings in the operating expenses and provided that only the portion of
such amortized amount as is allocable to the balance of the Lease term shall be Additional Rent. 
 As Additional Rent and in accordance
with paragraph 4D of this Lease, Tenant shall pay its proportionate share (calculated on a square footage or other equitable basis as calculated by Landlord) of the cost of operation (including common utilities), management, maintenance and repair
of the Premises and the building (including common areas such as lobbies, restrooms, janitor’s closets, hallways, elevators, mechanical and telephone rooms, stairwells, entrances, spaces above the ceilings) in which the Premises are located.
The maintenance items herein referred to include, but are not limited to, janitorization, electrical systems (such as outlets, lighting fixtures, lamps, bulbs, tubs, ballasts), heating and airconditioning controls (such as mixing boxes, thermostats,
time clocks, supply and return grills), all interior improvements within the Premises including but not limited to: wall coverings, window coverings, acoustical ceilings, vinyl tile, carpeting, partitioning, doors (both interior and exterior,
including closing mechanisms, latches, locks), and all other interior improvements of any nature whatsoever, all windows, window frames, plate glass, glazing, truck doors, main plumbing systems of the building (such as water and drain lines, sinks,
toilets, faucets, drains, showers and water fountains), main electrical systems (such as panels and conduits), heating and air conditioning systems (such as compressors, fans, air handlers, ducts, boilers, heaters), store fronts, roofs, downspouts,
building common area interiors (such as wall coverings, window coverings, floor coverings and partitioning), ceilings, building exterior doors, skylights (if any), automatic fire extinguishing systems and elevators; license, permit, and inspection
fees; security; salaries and employee benefits of personnel and payroll taxes applicable thereto; supplies, materials, equipment and tools; the cost of capital expenditures which have the effect of reducing operating expenses, as set forth in the
prior paragraph above. Tenant hereby waives all rights under, and benefits of, subsection 1 of Section 1932 and Section 1941 and 1942 of the California Civil Code and under any similar law, statute or ordinance now or hereafter in effect.
Tenant agrees to provide carpet shields under all rolling chairs or to otherwise be responsible for wear and tear of the carpet caused by such rolling chairs if such wear and tear exceeds that caused by normal foot traffic in surrounding areas.
Areas of excessive wear shall be replaced at Tenant’s sole expense upon Lease termination. 
 “Additional Rent” as used
herein shall not include Landlord’s debt repayments; interest on charges; expenses directly or indirectly incurred by Landlord for the benefit of any other tenant; cost for the installation of partitioning or any other tenant improvements; cost
of attracting tenants; depreciation; interest; executive salaries; costs of repairs and other work occasioned by fire, windstorm, or other casualty of an insurable nature; any costs, fines, or penalties incurred due to violations by Landlord of any

  

			
	
                   
       
	  	
                   
       

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governmental rule or authority, this Lease or any other lease in the Building, or due to Landlord’s negligence or willful misconduct; the cost of correcting any building code or other
violations which were violations prior to the Commencement Date of this Lease; the cost of containing, removing, or otherwise remediating any contamination of the Building (including the underlying land and ground water) by any toxic or hazardous
materials (including, without limitation, asbestos and “PCB’s”) where such contamination was not caused by Tenant; or any other expense that under generally accepted accounting principles and practice consistently applied would not be
considered a normal maintenance or operating expense. 
 Landlord agrees to provide five-day
janitorial service for the leased Premises and to maintain the Complex in a first-class manner. 
 8.      ACCEPTANCE AND
SURRENDER OF PREMISES By entry hereunder, Tenant accepts the Premises as being in good and sanitary order, condition and repair and accepts the building and improvements included in the Premises in their present condition and without
representation or warranty by Landlord as to the condition of such building or as to the use or occupancy which may be made thereof. Any exceptions to the foregoing must be by written agreement executed by Landlord and Tenant. Tenant agrees on the
last day of the Lease term, or on the sooner termination of this Lease, to surrender the Premises promptly and peaceably to Landlord in good condition and repair (damage by Acts of God, fire or normal wear and tear excepted), with all interior walls
painted and repaired, or cleaned so that they appear freshly painted, and repaired and replaced, if damaged; all floors cleaned and waxed; all carpets cleaned and shampooed; provided each of the foregoing shall be required only as necessary to
restore damage beyond ordinary wear and tear; together with all alterations, additions and improvements which may have been made in, to, or on the Premises (except movable trade fixtures installed at the expense of Tenant) except that Tenant shall
ascertain from Landlord within thirty (30) days before the end of the term of this Lease whether Landlord desires to have the Premises or any part or parts thereof restored to their condition and configuration as when the Premises were
delivered to Tenant and if Landlord shall so desire, then Tenant shall restore said Premises or such part or parts thereof before the end of this Lease at Tenant’s sole cost and expense. Tenant, on or before the end of the term or sooner
termination of this Lease, shall remove all of Tenant’s personal property (Except for Landlord provided cubes and furniture) and trade fixtures from the Premises, and all property not so removed on or before the end of the term or sooner
termination of this Lease shall be deemed abandoned by Tenant and title to same shall thereupon pass to Landlord without compensation to Tenant. Landlord may, upon termination of this Lease, remove all moveable furniture and equipment so abandoned
by Tenant, at Tenant’s sole cost, and repair any damage caused by such removal at Tenant’s sole cost. If the Premises are not surrendered at the end of the term or sooner termination of this Lease, Tenant shall indemnify Landlord against
loss or liability resulting from the delay by Tenant in so surrendering the Premises including, without limitation, any claims made by any succeeding tenant founded on such delay. Nothing contained herein shall be construed as an extension of the
term hereof or as a consent of Landlord to any holding over by Tenant. The voluntary or other surrender of this Lease or the Premises by Tenant or a mutual cancellation of this Lease shall not work as a merger and, at the option of Landlord, shall
either terminate all or any existing subleases or subtenancies or operate as an assignment to Landlord of all or any such subleases or subtenancies. Notwithstanding anything to the contrary set forth herein, except to the extent caused by Tenant,
the base Building electrical, heating, ventilation and air conditioning, mechanical and plumbing systems servicing the Premises shall be in good and working order as of the Lease Commencement date of July 15, 2006. If the foregoing are not in
good and working order as provided above, Landlord shall be responsible for repairing or restoring same at its cost and expense promptly, provided that Tenant has delivered written notice thereof to Landlord not later than 30 days following the
Lease Commencement date of July 15, 2006. 
 TENANT AGREES TO LEASE THE PREMISES IN AN “AS IS” CONDITION, and any alteration or
modifications to the Premises shall be made in accordance with Paragraphs 8 & 9 of the Lease and shall not delay the commencement of the Lease nor delay the payment of rent and all such modifications shall be at Tenant’s sole cost and
expense. 
 9.      ALTERATIONS AND ADDITIONS Tenant shall not make, or suffer to be made, any alteration or addition
to the Premises, or any part thereof, without the written consent of Landlord, not to be unreasonably withheld, first hand and obtained by Tenant, but at the cost of Tenant, and any addition to, or alteration of, the Premises, except moveable
furniture and trade fixtures, shall at once become a part of the Premises and belong to Landlord. If Landlord consents to the making of any alteration, addition, or improvement to or of the Premises by Tenant, the same shall be made by Landlord at
Tenant’s sole cost and expense. Any modifications to the building or building systems required by governmental code for Tenant’s use or otherwise as a result of Tenant’s alterations, additions or improvements shall be made at 

  

			
	
                   
       
	  	
                   
       

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Tenant’s sole cost and expense. Tenant shall retain title to all moveable furniture and trade fixtures placed in the Premises. All heating, lighting, electrical, airconditioning,
partitioning, drapery, carpeting and floor installations made by Tenant, together with all property that has become an integral part of the Premises, shall not be deemed trade fixtures. Tenant agrees that it will not proceed to make any alterations
or additions, without having obtained consent from Landlord to do so, and until five (5) days from the receipt of such consent, in order that Landlord may post appropriate notices to avoid any liability to contractors or material suppliers for
payment for Tenant’s improvements. Tenant will at all times permit such notices to be posted and to remain posted until the completion of work. Tenant shall, if required by Landlord, secure at Tenant’s own cost and expense, a completion
and lien indemnity bond, satisfactory to Landlord, for such work. Tenant further covenants and agrees that any mechanic’s liens filed against the Premises or against the Complex for work claimed to have been done for, or materials claimed to
have been furnished to Tenant, will be discharged by Tenant, by bond or otherwise, within ten (10) days after the filing thereof, at the cost and expense of Tenant. Any exceptions to the foregoing must be made in writing and executed by both
Landlord and Tenant. 
 10.      DELETED 

11.      UTILITIES OF THE BUILDING IN WHICH THE PREMISES ARE LOCATED As Additional Rent and in accordance with paragraph
4D of this Lease, Tenant shall pay its proportionate share (calculated on a square footage or other equitable basis as calculated by Landlord) of the cost of all utility charges such as water, gas, electricity, telephone, telex and other electronic
communications service, sewer service, waste pick-up and any other utilities, materials of services furnished directly to the building in which the Premises are located, including, without limitation, any
temporary or permanent utility surcharge or other exactions whether or not hereinafter imposed. 
 Landlord shall not be liable for and
Tenant shall not be entitled to any abatement or reduction of rent by reason of any interruption or failure of utility services to the Premises when such interruption or failure is caused by accident, breakage, repair, strikes, lockouts or other
labor disturbances or labor disputes of any nature, or by any other cause, similar or dissimilar, beyond the reasonable control of Landlord. 

Provided that Tenant is not in default in the performance or observance of any of the terms, covenants or conditions of this Lease to be
performed or observed by it, Landlord shall furbish to the Premises between the hours of 8:00 a.m. and 6:00 p.m., Mondays through Fridays (holidays excepted) and subject to the rules and regulations of the Complex hereinbefore referred to,
reasonable quantities of water, gas and electricity suitable for the intended use of the Premises and heat and airconditioning required in Landlord’s judgement for the comfortable use and occupation of the Premises for such purposes. Tenant
agrees that at all times it will cooperate fully with Landlord and abide by all regulations and requirements that Landlord may prescribe for the proper functioning and protection of the building heating, ventilating and airconditioning systems.
Whenever heat generating machines, equipment, or any other devices (including exhaust fans) are used in the Premises by Tenant which affect the temperature or otherwise maintained by the airconditioning system, Landlord shall have the right, upon
reasonable advance notice to Tenant, to install supplementary airconditioning units in the Premises and the costs thereof, including the cost of installation and the cost of operation and maintenance thereof, shall be paid by Tenant to Landlord upon
demand by Landlord. Tenant will not, without the written consent of Landlord, use any apparatus or device in the Premises (including, without limitation), electronic data processing machines or machines using current in excess of 110 Volts which
will in any way increase the amount of electricity, gas, water or airconditioning usually furnished or supplies to premises being used as general office space, or connect with electric current (except through existing electrical outlets in the
Premises), or with gas or water pipes any apparatus or device for the purposes of using electric current, gas or water. If Tenant shall require water, gas or electric current in excess of that usually furnished or supplied to premises being used as
general office space, Tenant shall first obtain the written consent of Landlord, which consent shall not be unreasonably withheld and Landlord may cause an electric current, gas, or water meter to be installed in the Premises in order to measure the
amount of electric current, gas or water consumed for any such excess use. The cost of any such meter and of the installation, maintenance and repair thereof, all charges for such excess water, gas and electric current consumed (as shown by such
meters and at the rates then charged by the furnishing public utility); and any additional expense incurred by Landlord in keeping account of electric current, gas, or water so consumed shall be paid by Tenant, and Tenant agrees to pay Landlord
therefor promptly upon demand by Landlord. 
 12.      TAXES A. As Additional Rent and in accordance with paragraph 4D
of this Lease, Tenant shall pay to Landlord Tenant’s proportionate share of all Real Property Taxes, which prorata share shall be 

  

			
	
                   
       
	  	
                   
       

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allocated to the leased Premises by square footage or other equitable basis, as calculated by Landlord. The term “Real Property Taxes”, as used herein, shall mean (i) all taxes,
assessments, levies and other charges of any kind or nature whatsoever, general and special, foreseen and unforeseen (including all installments of principal and interest required to pay any general or special assessments for public improvements and
any increases resulting from reassessments caused by any change in ownership of the Complex) now or hereafter imposed by any government or quasi-governmental authority or special district having the direct or indirect power to tax or levy
assessments, which are levied or assessed against, or with respect to the value, occupancy or use of, all or any portion of the Complex (as now constructed or as may at any time hereafter be constructed, altered, or otherwise changed) or
Landlord’s interest therein; any improvements located within the Complex (regardless of ownership); the fixtures, equipment and other property of Landlord, real or personal, that are an integral part of and located in the Complex; or parking
areas, public utilities, or energy within the Complex; (ii) all charges, levies or fees imposed by reason of environmental regulation or other governmental control of the Complex; and (iii) all costs and fees (including attorney’s
fees) incurred by Landlord in contesting any Real Property Tax and in negotiating with public authorities as to any Real Property Tax. If at any time during the term of this Lease the taxation or assessment of the Complex prevailing as of the
commencement date of this Lease shall be altered so that in lieu of or in addition to any Real Property Tax described above there shall be levied, assessed or imposed (whether by reason of a change in the method of taxation or assessment, creation
of a new tax or charge, or any other cause) an alternate or additional tax or charge (i) on the value, use or occupancy of the Complex or Landlord’s interest therein or (ii) on or measured by the gross receipts, income or rentals from
the Complex, on Landlord’s business of leasing the Complex, or computed in any manner with respect to the operation of the Complex, then any such tax or charge, however designated, shall be included within the meaning of the term “Real
Property Taxes” for purposes of this Lease. If any Real Property Tax is based upon property or rents unrelated to the Complex, then only that part of such Real Property Tax that is fairly allocable to the Complex shall be included within the
meaning of the term “Real Property Taxes”. Notwithstanding the foregoing, the term “Real Property Taxes” shall not include estate, inheritance, gift or franchise taxes of Landlord or the federal or state net income tax imposed on
Landlord’s income from all sources. 
 B.      Taxes on Tenant’s Property 

(1)Tenant shall be liable for and shall pay ten days before delinquency, taxes levied against any personal property or trade fixtures placed by Tenant in or
about the Premises. If any such taxes on Tenant’s personal property or trade fixtures are levied against Landlord or Landlord’s property or if the assessed value of the Premises is increased by the inclusion therein of a value placed upon
such personal property or trade fixtures of Tenant and if Landlord, after written notice to Tenant, pays the taxes based on such increased assessment, which Landlord shall have the right to do so regardless of the validity thereof, but only under
proper protest if requested by Tenant, Tenant shall upon demand, as the case may be, repay to Landlord the taxes so levied against Landlord, or the proportion of such taxes resulting from such increase in the assessment; provided that in any such
event Tenant shall have the right, in the name of Landlord and with Landlord’s full cooperation, to bring suit in any court of competent jurisdiction to recover the amount of any such taxes so paid under protest, and any amount so recovered
shall belong to Tenant. 
 (2)If the Tenant improvements in the Premises, whether installed, and/or paid for by Landlord or Tenant and whether or not
affixed to the real property so as to become a part thereof, are assessed for Real Property Tax purposes at a valuation higher than the valuation at which standard office improvements in other space in the Complex are assessed, then the Real
Property Taxes and assessments levied against Landlord or the Complex by reason of such excess assessed valuation shall be deemed to be taxes levied against personal property of Tenant and shall be governed by the provisions of 12A(i), above. If the
records of the County Assessor are available and sufficient detailed to serve as a basis for determining whether said Tenant improvements are assessed at a higher valuation than standard office improvements in other space in the Complex, such
records shall be binding on both the Landlord and the Tenant. If the records of the County Assessor are not available or sufficiently detailed to serve as a basis for making said determination, the actual cost of construction shall be used. 

13.      LIABILITY INSURANCE Tenant, at Tenant’s expense, agrees to keep in force during the term of this Lease a
policy of comprehensive public liability insurance with limits in the amount of $1,000,000/2,000,000 for injuries to or death of persons occurring in, on or about the Premises or the Complex, and property damage insurance with limits of $500,000.
The policy or policies affecting such insurance, certificates of which shall be furnished to Landlord, shall name Landlord as additional insured, and shall insure any liability of Landlord, contingent or otherwise, as respects acts or omissions of
Tenant, its agents, employees or invitees or otherwise by any conduct or transactions of any of said persons in or about or concerning the Premises, including any failure of Tenant to observe or perform any of its 

  

			
	
                   
       
	  	
                   
       

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obligations hereunder; shall be issued by an insurance company admitted to transact business in the State of California; and shall provide that the insurance effected thereby shall not be
canceled, except upon thirty (30) days’ prior written notice to Landlord. If, during the term of this Lease, in the considered opinion of Landlord’s Lender, insurance advisor or counsel, the amount of insurance described in this
paragraph 13 is not adequate, Tenant agrees to increase said coverage to such reasonable amount as Landlord’s Lender, insurance advisor or counsel shall deem adequate. 

14.      TENANT’S PERSONAL PROPERTY INSURANCE AND WORKER’S COMPENSATION INSURANCE Tenant shall maintain a
policy or policies of fire and property damage insurance in “all risk” form with a sprinkler leakage endorsement insuring the personal property, inventory, trade fixtures and leasehold improvements within the leased Premises for the full
replacement value thereof. The proceeds from any of such policies shall be used for the repair or replacement of such items so insured. 

Tenant shall also maintain a policy or policies of worker’s compensation insurance and any other employee benefit insurance sufficient to
comply with all the laws. 
 15.      PROPERTY INSURANCE Landlord shall purchase and keep in force and, as Additional
Rent and in accordance with Paragraph 4D of this Lease, Tenant shall pay to Landlord Tenant’s proportionate share (calculated on a square footage or other equitable basis as calculated by Landlord) of the cost of policy or policies of insurance
covering loss or damage to the Premises and Complex in the amount of the full replacement value thereof, providing protection against those perils included within the classification of “all risks” insurance and flood and/or earthquake
insurance, if available at commercially reasonable rates, plus a policy of rental income insurance in the amount of one hundred (100%) percent of twelve (12) months Basic Rent, plus sums paid as Additional Rent. If such insurance costs is
increased due to Tenant’s use of Premises or the Complex, Tenant agrees to pay to Landlord the full cost of such increase. Tenant shall have no interest in nor any right to the proceeds of any insurance procured by Landlord for the Complex.

 Landlord and Tenant do each hereby respectively release the other, to the extent of insurance coverage of the releasing party, from any liability for
loss or damage caused by fire or any of the extended coverage casualties included in the releasing party’s insurance policies, irrespective of the cause of such fire or casualty; provided, however, that if the insurance policy of either
releasing party prohibits such waiver, then this waiver shall not take effect until consent to such waiver is obtained. If such waiver is so prohibited, the insured party affected shall promptly notify the other party thereof. 

16.      INDEMNIFICATION Landlord shall not be liable to Tenant and Tenant hereby waives all claims against Landlord for
any injury to or death of any person or damage to or destruction of property in or about the Premises or the Complex by or from any cause whatsoever, including, without limitation, gas, fire, oil, electricity or leakage of any character from the
roof, walls, basement or other portion of the Premises or the Complex but excluding, however, the negligence or willful misconduct of Landlord, its agents, servants, employees, invitees, or contractors. Except as to injury to persons or damage to
property the principal cause of which is the negligence or willful misconduct of Landlord, Tenant shall hold Landlord harmless from and defend Landlord against any and all expenses, including reasonable attorney’s fees, in connection therewith,
arising out of any injury to or death of any person or damage to or destruction of property occurring in, on or about the Premises, or any part thereof, from any cause whatsoever. 

17.      COMPLIANCE Tenant, as its sole cost and expense, shall promptly comply with all laws, statutes, ordinances and
governmental rules, regulations or requirements now or hereafter in effect; with the requirements of any board of fire underwriters or other similar body now or hereafter constituted; and with any direction or occupancy certificate issued pursuant
to law by any public officer; provided, however, that no such failure shall be deemed a breach of the provisions if Tenant, immediately upon notification, commences to remedy or rectify said failure. The judgement of any court of competent
jurisdiction or the admission of Tenant in any action against Tenant, whether Landlord be a party thereto or not, that Tenant has violated any such law, statute, ordinance or governmental rule, regulation, requirement, direction or provision, shall
be conclusive of that fact as between Landlord and Tenant. This paragraph shall not be interpreted as requiring Tenant to make structural changes or improvements, except to the extent such changes or improvements are required as a result of
Tenant’s use of the Premises. Tenant shall, at its sole cost and expense, comply with any and all requirements pertaining to said Premises, of any insurance organization or company, necessary for the maintenance of reasonable fire and public
liability insurance covering the Premises. Notwithstanding anything to the contrary contained in this Lease, Tenant’s compliance obligations hereunder shall not include any compliance which would require capital expenditures or is not related
specifically to Tenant’s use and occupancy of the Premises. 

  

			
	
                   
       
	  	
                   
       

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 18.      LIENS Tenant shall keep the Premises and the Complex free from
any liens arising out of any work performed, materials furnished or obligation incurred by Tenant. In the event that Tenant shall not, within ten (10) days following the imposition of such lien, cause the same to be released of record, Landlord
shall have, in addition to all other remedies provided herein and by law, the right, but no obligation, to cause the same to be released by such means as it shall deem proper, including payment of the claim giving rise to such lien. All sums paid by
Landlord for such purpose, and all expenses incurred by it in connection therewith, shall be payable to Landlord by Tenant on demand with interest at the prime rate of interest as quoted by the Bank of America. 

19.      ASSIGNMENT AND SUBLETTING Tenant shall not assign, transfer or hypothecate the leasehold estate under this
Lease, or any interest therein, and shall not sublet the Premises, or any part thereof, or any right or privilege appurtenant thereto, or suffer any other person or entity to occupy or use the Premises, or any portion thereof, without, in each case,
the prior written consent of Landlord which consent will not be unreasonably withheld or delayed. Landlord may require Tenant to sublease at the prevailing market rate. As a condition for granting its consent to any subletting, Landlord may require
that Tenant agrees to pay to Landlord, as additional rent, 50% of all rents or other considerations received by Tenant from its subtenants in excess of the rent payable by Tenant to Landlord hereunder as offset by Tenant’s reasonable costs in
connection with such sublease. Tenant shall, by thirty (30) days’ written notice, advise Landlord of its intent to sublet the Premises or any portion thereof for any part of the term hereof. Upon receipt of said notice, Landlord may, in
its sole discretion, elect to terminate this Lease upon notice to Tenant as to the portion of the Premises described in Tenant’s notice on the date specified in Tenant’s notice. If Tenant intends to sublet the entire Premises and Landlord
elects to terminate this Lease, this Lease shall be terminated on the date specified in Tenant’s notice. If, however this Lease shall terminate pursuant to the foregoing with respect to less than all the Premises, the rent, as defined and
reserved hereinabove shall be adjusted on a pro-rata basis to the number of square feet retained by Tenant, and this Lease as so amended shall continue in full force and effect. In the event Landlord elects to
terminate this Lease by reason of a proposed sublease, Tenant shall be entitled to rescind its proposed sublease (and thus avoid termination of the Lease) by giving notice of such rescission within 5 days following receipt by Tenant of such
Landlord’s notice to terminate. In the event Tenant is allowed to assign, transfer or sublet the whole or any part of the Premises, with the prior written consent of Landlord, no assignee, transferee or subtenant shall assign or transfer this
Lease, either in whole or in part, or sublet the whole or any part of the premises, without also having obtained the prior written consent of Landlord. A consent of Landlord to one assignment, transfer, hypothecation, subletting, occupation or use
by any other person shall not release Tenant from any of Tenant’s obligations hereunder to be deemed to be a consent to any subsequent similar or dissimilar assignment, transfer, hypothecation, subletting, occupation or use by any other person.
Any such assignment, transfer, hypothecation, subletting, occupation or use without such consent shall be void and shall constitute a breach of this Lease by Tenant and shall, at the option of Landlord exercised by written notice to Tenant,
terminate this Lease. The leasehold estate under this Lease shall not, nor. shall any interest therein, be assignable for any purpose by operation of law without the written consent of Landlord. As a condition to its consent, Landlord may require
Tenant to pay all expenses in connection with the assignment, and Landlord may require Tenant’s assignee or transferee (or other assignees or transferees) to assume in writing all of the obligations under this Lease and for Tenant to remain
liable to landlord under the Lease. Notwithstanding anything to the contrary contained in this Lease, Tenant may assign this Lease or sublet the Premises, or any portion thereof, without Landlord’s consent, to any entity which controls, is
controlled by, or is under common control with Tenant; to any entity which results from a merger of, reorganization of, or consolidation with Tenant; to any entity engaged in a joint venture with Tenant; or to any entity which acquires substantially
all of the stock or assets of Tenant, as a going concern, with respect to the business that is being conducted in the Premises (hereinafter each a “Permitted Transfer”). In addition, a sale or transfer of the capital stock of Tenant shall
be deemed a Permitted Transfer if (1) such sale or transfer occurs in connection with any bona fide financing or capitalization for the benefit of Tenant, or (2) Tenant is or becomes a publicly traded corporation. Landlord shall have no
right to terminate the Lease in connection with, and shall have no right to any sums or other economic consideration resulting from any Permitted Transfer. 

20.      SUBORDINATION AND MORTGAGES In the event Landlord’s title or leasehold interest is now or hereafter
encumbered by a deed of trust, upon the interest of Landlord in the land and buildings in which the demised Premises are located, to secure a loan from a lender (hereinafter referred to as “Lender”) to Landlord, Tenant shall, at the
request of Landlord or Lender, execute in writing an agreement subordinating its rights under this Lease to the lien of such deed of trust, or, if so requested, agreeing that the lien of Lender’s deed of trust shall be or remain subject and
subordinate to the rights of Tenant under this Lease. Notwithstanding any such subordination, Tenant’s possession under this Lease shall not be disturbed if Tenant is not in default and so long as Tenant shall pay all rent and observe and
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the provisions set forth in this Lease. Tenant agrees to send to any mortgagees and/or deed of trust holders, by registered mail, a copy of any notice of default served by Tenant upon the
Landlord, provided that prior to such notice, Tenant has been notified, in writing (by way of notice of assignment of rents or otherwise) of the addresses of such mortgages and/or deed of trust holders. Tenant further agrees that if Landlord shall
have failed to cure such default within the time provided for in this Lease, any such mortgagees and/or deed of trust holders shall have an additional thirty (30) days within which to cure such default, or if such default is not reasonably
susceptible of cure within that time, then such additional time as may be reasonably necessary if within such (30) days, any mortgagee and/or deed of trust holder has commenced and is diligently pursuing the remedies necessary to cure such
default, (including but not limited to commencement of foreclosure proceedings), in which event this Lease shall not be terminated when such remedies are being diligently pursued. 

21.      ENTRY BY LANDLORD Landlord reserves, and shall at all reasonable times and upon reasonable notice have, the
right to enter the Premises to inspect them; to perform any services to be provided by Landlord hereunder; to submit the Premises to prospective purchasers, mortgagers or tenants; to post notices of nonresponsibility; and to alter, improve or repair
the Premises and any portion of the Complex, all without abatement of rent; and may erect scaffolding and other necessary structures in or through the Premises where reasonably required by the character of the work to be performed; provided,
however, that the business of Tenant shall be interfered with to the least extent that is reasonably practical. For each of the foregoing purposes, Landlord shall at all times have and retain a key with which to unlock all of the doors in an
emergency in order to obtain entry to the Premises, and any entry to the Premises obtained by Landlord by any of said means, or otherwise, shall not under any circumstances be construed or deemed to be a forcible or unlawful entry into or a detainer
of the Premises or an eviction, actual or constructive, of Tenant from the Premises or any portion thereof. Landlord shall also have the right at any time to change the arrangement or location of entrances or passageways, doors and doorways, and
corridors, elevators, stairs, toilets or other public parts of the Complex and to change the name, number or designation by which the Complex is commonly known, and none of the foregoing shall be deemed and actual or constructive eviction of Tenant,
or shall entitle Tenant to any reduction of rent hereunder. 
 22.      BANKRUPTCY AND DEFAULT The commencement of a
bankruptcy action or liquidation action or reorganization action or insolvency action or an assignment of or by Tenant for the benefit of creditors, or any similar action undertaken by Tenant, or the insolvency of Tenant, shall, at Landlord’s
option, constitute a breach of this Lease by Tenant. If the trustee or receiver appointed to serve during a bankruptcy, liquidation, reorganization, insolvency or similar action elects to reject Tenant’s unexpired Lease, the trustee or receiver
shall notify Landlord in writing of its election within thirty (30) days after an order for relief in a liquidation action or within thirty (30) days after the commencement of any action. 

Within thirty (30) days after court approval of the assumption of this Lease, the trustee or receiver shall cure (or provide adequate
assurance to the reasonable satisfaction of Landlord that the trustee or receiver shall cure) any and all previous defaults under the unexpired Lease and shall compensate Landlord for all actual pecuniary loss and shall provide adequate assurance of
future performance under said Lease to the reasonable satisfaction of Landlord. Adequate assurance of future performance, as used herein, includes, but shall not be limited to: (i) assurance of source and payment of rent, and other
consideration due under this Lease; (ii) assurance that the assumption or assignment of this Lease will not breach substantially any provision, such as radius, location, use, or exclusivity provision, in any agreement relating to the above
described Premises. 
 Nothing contained in this section shall affect the existing right of Landlord to refuse to accept an assignment upon
commencement of or in connection with a bankruptcy, liquidation, reorganization or insolvency action or an assignment of Tenant for the benefit of creditors or other similar act. Nothing contained in this Lease shall be construed as giving or
granting or creating an equity in the demised Premises to Tenant. In no event shall the leasehold estate under this Lease, or any interest therein, be assigned by voluntary or involuntary bankruptcy proceeding without the prior written consent of
Landlord. In no event shall this Lease or any rights or privileges hereunder be an asset of Tenant under any bankruptcy, insolvency or reorganization proceedings. 

The failure to perform or honor any covenant, condition or representation made under this Lease shall constitute a default hereunder by Tenant
upon expiration of the appropriate grace period hereinafter provided. Tenant shall have a period of five (5) days from the date of written notice from Landlord within which to cure any default in the payment of rental or adjustments thereto.
Tenant shall have a period of ten (10) days from the date of written notice from Landlord within which to cure any other default under this Lease; provided, however, that if the nature of such
non-monetary default is such that it cannot reasonably be cured within said 10 days, Tenant shall be deemed to not be in default if Tenant commences to cure such default within 10 days and thereafter
diligently prosecutes such cure to completion. Upon an uncured default of this Lease by Tenant, Landlord shall have the following rights and remedies in addition to any other rights or remedies available to Landlord at law or in equity: 

  

			
	
                   
       
	  	
                   
       

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 (a)    The rights and remedies provided for by California Civil Code
Section 1951.2, including but not limited to, recovery of the worth at the time of award of the amount by which the unpaid rent for the balance of the term after the time of award exceeds the amount of rental loss for the same period that
Tenant proves could be reasonably avoided, as computed pursuant to subsection (b) of said Section 1951.2. Any proof by Tenant under subparagraphs (2) and (3) of Section 1951.2 of the California Civil Code of the amount of rental
loss that could be reasonably avoided shall be made in the following manner: Landlord and Tenant shall each select a licensed real estate broker in the business of renting property of the same type and use as the Premises and in the same geographic
vicinity. Such two real estate brokers shall select a third licensed real estate broker, and the three licensed real estate brokers so selected shall determine the amount of the rental loss that could be reasonably avoided from the balance of the
term of this Lease after the time of award. The decision of the majority of said licensed real estate brokers shall be final and binding upon the parties hereto. 

(b)    The rights and remedies provided by California Civil Code which allows Landlord to continue the Lease in effect and
to enforce all of its rights and remedies under this Lease, including the right to recover rent as it becomes due, for so long as Landlord does not terminate Tenant’s right to possession; acts of maintenance or preservation, efforts to relet
the Premises, or the appointment of a receiver upon Landlord’s initiative to protect its interest under this Lease shall not constitute a termination of Tenant’s right to possession. 

(c)    The right to terminate this Lease by giving notice to Tenant in accordance with applicable law. 

(d)    The right and power, as
attorney-in-fact for Tenant, to enter the Premises and remove therefrom all persons and property, to store such property in a public warehouse or elsewhere at the cost
of and for the account of Tenant and to sell such property and apply such proceeds therefrom pursuant to applicable California law. Landlord, as attorney-in-fact for
Tenant, may from time to time sublet the Premises or any part thereof for such term or terms (which may extend beyond the term of this Lease) and at such rent and such other terms as Landlord in its sole discretion may be deem advisable, with the
right to make alterations and repairs to the Premises. Upon each subletting, (i) Tenant shall be immediately liable to pay Landlord, in addition to indebtedness other than rent due hereunder, the cost of such subletting, including, but not
limited to, reasonable attorney’s fees, and any real estate commissions actually paid, and the cost of such alterations and repairs incurred by Landlord and the amount, if any, by which the rent hereunder for the period of such subletting (to
the extent such period does not exceed the term hereof) exceeds the amount to be paid as rent for the Premises for such period or (ii) at the option of Landlord, rents received from such subletting shall be applied first to payment of
indebtedness other than rent due hereunder from Tenant to Landlord; second, to the payment of any costs of such subletting and of such alterations and repairs; third to payment of rent due to unpaid hereunder; and the residue, if any, shall be held
by Landlord and applied in payment of future rent as the same becomes due hereunder. If Tenant has been credited with any rent to be received by such subletting under option (i) and such rent shall not be promptly paid to Landlord by the
subtenant(s), or if such rentals received from such subletting under option (ii) during any month be less than that to be paid during that month by Tenant hereunder, Tenant shall pay any such deficiency to Landlord. Such deficiency shall be
calculated and paid monthly. For all purposes set forth in this subparagraph (d), Landlord is hereby irrevocably appointed attorney-in-fact for Tenant, with power of
substitution. No taking possession of the Premises by landlord, as attorney-in-fact for Tenant, shall be construed as an election on its part to terminate this Lease
unless a written notice of such intention be given to Tenant. Notwithstanding any such subletting without termination, Landlord may at any time hereafter elect to terminate this Lease for such previous breach. 

(e)    The right to have a receiver appointed for Tenant upon application by Landlord, to take possession of the Premises
and to apply any rental collected from the Premises and to exercise all other rights and remedies granted to Landlord as attorney-in-fact for Tenant pursuant to
subparagraph (d) above. 
 23.      ABANDONMENT Tenant shall not abandon the Premises at any time during the term
of this Lease; and if Tenant shall abandon, said Premises, or be dispossessed by the process of law, or otherwise, any personal property belonging to Tenant and left on the Premises shall be deemed to be abandoned, at the option of Landlord, except
such property as may be mortgaged to Landlord. 
 24.      DESTRUCTION In the event the Premises are destroyed in whole
or in part from any cause, Landlord may, at its option: 
  

	 	  (a)	 Rebuild or restore the Premises to their condition prior to the damage or destruction, or

  

	 	  (b)	 Terminate this Lease. 

If Landlord does not give Tenant notice in writing within thirty (30) days from the destruction of the Premises of its election to either
rebuild and restore them, or to terminate this Lease, Landlord shall be deemed to have elected to rebuild or restore them, in which event Landlord agrees, at its expense, 

  

			
	
                   
       
	  	
                   
       

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promptly to rebuild or restore the Premises to their condition prior to the damage or destruction. Tenant shall be entitled to a reduction in rent while such repair is being made in the
proportion that the area of the Premises rendered untenantable by such damage bears to the total area of the Premises. If Landlord does not complete the rebuilding or restoration within one ninety (90) days following the date of destruction
(such period of time to be extended for delays caused by the fault or neglect of Tenant or because of Acts of God, acts of public agencies, labor disputes, strikes, fires, freight embargoes, rainy or stormy weather, inability to obtain materials,
supplies or fuels, acts of contractors or subcontractors, or delay of the contractors or subcontractors dues to such causes or other contingencies beyond the control of Landlord), then Tenant shall have the right to terminate this Lease by giving
fifteen (15) days prior written notice to Landlord. Notwithstanding anything herein to the contrary, Landlord’s obligation to rebuild or restore shall be limited to the building and interior improvements constructed by Landlord as they
existed as of the commencement date of the Lease and shall not include restoration of Tenant’s trade fixtures, equipment, merchandise or any improvements, alterations or additions made by Tenant to the Premises, which Tenant shall forthwith
replace or fully repair at Tenant’s sole cost and expense provided this Lease is not canceled according to the provisions above. 

Unless this Lease is terminated pursuant to the foregoing provisions, this Lease shall remain in full force and effect. Tenant hereby
expressly waives the provisions of Section 1932, Subdivision 2, and Section 1933, Subdivision 4 of the California Civil Code. 

In the event that the building in which the Premises are situated is damaged or destroyed to the extent of not less than 33 1/3% of the
replacement cost thereof, Landlord may elect to terminate this Lease, whether the Premises be injured or not. In the event the destruction of the Premises is caused by Tenant, Tenant shall pay the deductible portion of Landlord’s insurance
proceeds. 
 25.      EMINENT DOMAIN If all or any part of the Premises shall be taken by any public or
quasi- public authority under the power of eminent domain or conveyance in lieu thereof, this Lease shall terminate as to any portion of the Premises so taken or conveyed on the date when title vests in the condemnor, and Landlord shall be entitled
to any and all payment, income, rent, award or any interest therein whatsoever which may be paid or made in connection with such taking or conveyance, and Tenant shall have no claim against Landlord or otherwise for the value of any unexpired term
of this Lease. Notwithstanding the foregoing paragraph, any compensation specifically awarded Tenant for loss of business, Tenant’s personal property, moving cost or loss of goodwill, shall be and remain the property of Tenant. 

If (i) any action or proceeding is commenced for such taking of the Premises or any part thereof, or if Landlord is advised in writing by
any entity or body having the right or power of condemnation of its intention to condemn the Premises or any portion thereof, or (ii) any of the foregoing events occur with respect to the taking of any space in the Complex not leased hereby, or
any such spaces so taken or conveyed in lieu of such taking and Landlord shall decide to discontinue the use and operation of the Complex, or decide to demolish, alter or rebuild the Complex, then in any of such events Landlord shall have the right
to terminate this Lease by giving Tenant written notice thereof within sixty (60) days of the date of receipt of said written advice, or commencement of said action or proceeding, or taking conveyance, which termination shall take place as of
the first to occur of the last day of the calendar month next following the month in which such notice is given or the date on which title to the Premises shall vest in the condemnor. 

In the event of such a partial taking or conveyance of the Premises, if the portion of the Premises taken or conveyed is so substantial that
the Tenant can no longer reasonably conduct its business, Tenant shall have the privilege of terminating this Lease within sixty (60) days from the date of such taking or conveyance, upon written notice to Landlord of its intention so to do,
and upon giving of such notice this Lease shall terminate on the last day of the calendar month next following the month in which such notice is given, upon payment by Tenant of the rent from the date of such taking or conveyance to the date of
termination. 
 If a portion of the Premises be taken by condemnation or conveyance in lieu thereof and neither Landlord nor Tenant shall
terminate this Lease as provided herein, this Lease shall continue in full force and effect as to the part of the Premises not so taken or conveyed, and the rent herein shall be apportioned as of the date of such taking or conveyance so that
thereafter the rent to be paid by Tenant shall be in the ratio that the area of the portion of the Premises not so taken or conveyed bears to the total area of the Premises prior to such taking. 

26.      SALE OR CONVEYANCE BY LANDLORD In the event of a sale or conveyance of the Complex or any interest
therein, by any owner of the reversion then constituting Landlord, the transferor shall thereby be released from any further liability upon any of the terms, covenants or conditions (express or implied) herein contained in favor of Tenant, and in
such event, insofar as such transfer is concerned, Tenant agrees to look solely to the responsibility of the successor in interest of such transferor in and to the 

  

			
	
                   
       
	  	
                   
       

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Complex and this Lease, provided that such successor-in-interest has assumed Landlord’s obligations under this
Lease either by contractual obligation, assumption agreement or by operation of law. This Lease shall not be affected by any such sale or conveyance, and Tenant agrees to attorn to the successor in interest of such transferor. 

27.      ATTORNMENT TO LENDER OR THIRD PARTY In the event the interest of Landlord in the land and buildings in which the
leased Premises are located (whether such interest of Landlord is a fee title interest or a leasehold interest) is encumbered by deed of trust, and such interest is acquired by the lender or any third party through judicial foreclosure or by
exercise of a power of sale at private trustee’s foreclosure sale, Tenant hereby agrees to attorn to the purchaser at any such foreclosure sale and to recognize such purchaser as the Landlord under this Lease. In the event the lien of the deed
of trust securing the loan from a Lender to Landlord is prior and paramount to the lease, this Lease shall nonetheless continue in full force and effect for the remainder of the unexpired term hereof, at the same rental herein reserved and upon all
the other terms, conditions and covenants herein contained. 
 28.      HOLDING OVER Any holding over by Tenant after
expiration or other termination of the term of this Lease with the written consent of Landlord delivered to Tenant shall not constitute a renewal or extension of the Lease or give Tenant any rights in or to the leased Premises except as expressly
provided in this Lease. Any holding over after the expiration or other termination of the term of this lease, with the consent of Landlord, shall be construed to be a tenancy from month to month, on the same terms and conditions herein specified
insofar as applicable except that the monthly Basic Rent shall be increased to an amount equal to one hundred fifty (150%) percent of the monthly Basic Rent required during the last month of the Lease term. Notwithstanding anything herein to the
contrary, commencing August 15, 2007 the Lease shall be on a month-to-month basis, with either party having the right to cancel the Lease upon 30 days written
notice delivered to the other party. During the month-to-month term, the Basic Rent shall be at the same monthly rate, as is due for the thirteenth (13th) month of this Lease. Additional Rent shall to be adjusted persuant to the provisions of paragraph 4D herein. All other terms and conditions of the Lease shall be unmodified and the Lease shall
remain in full force and effect. 
 29.      CERTIFICATE OF ESTOPPEL Tenant shall at any time upon not less than ten
(10) days’ prior written notice from Landlord execute, acknowledge and deliver to Landlord a statement in writing (i) certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of such
modification and certifying that this Lease, as so modified, is in full force and effect) and the date to which the rent and other charges are paid in advance, if any, and (ii) acknowledging that there are not, to Tenant’s knowledge, any
uncured defaults on the part of Landlord hereunder, or specifying such defaults, if any, are claimed. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises. Tenant’s failure to deliver
such statement within such time shall be conclusive upon Tenant that this Lease is in full force and effect, without modifications except as may be represented by Landlord; that there are no uncured defaults in Landlord’s performance, and that
no more that one month’s rent has been paid in advance. 
 30.      CONSTRUCTION CHANGES It is understood that the
description of the Premises and the location of the ductwork, plumbing and other facilities therein are subject to such minor changes as Landlord or Landlord’s architect determines to be desirable in the course of construction of the Premises,
and no such changes, or any changes in plans for any other portions of the Complex shall affect this Lease or entitle Tenant to any reduction of rent hereunder or result in any liability of Landlord to Tenant. Landlord does not guarantee the
accuracy of any drawings supplied to Tenant and verification of the accuracy of such drawings rests with Tenant. 

31.      RIGHT OF LANDLORD TO PERFORM All terms, covenants and conditions of this Lease to be performed or
observed by Tenant shall be performed or observed by Tenant at Tenant’s sole cost and expense and without any reduction of rent. If Tenant shall fail to pay any sum of money, or other rent, required to be paid by it hereunder or shall fail to
perform any other term or covenant hereunder on its part to be performed, and such failure shall continue for five (5) days after written notice thereof by Landlord, Landlord, without waiving or releasing Tenant from any obligation of Tenant
hereunder, may, but shall not be obligated to, make any such payment or perform any such other term or covenant on Tenant’s part to be performed. All sums so paid by Landlord and all necessary costs of such performance by Landlord together with
interest thereon at the rate of the prime rate of interest per annum as quoted by the Bank of America from the date of such payment of performance by Landlord, shall be paid (and Tenant covenants to make such payment) to Landlord or demand by
Landlord, and Landlord shall have (in addition to any other right or remedy of Landlord) the same rights and remedies in the event of non payment by Tenant as in the case of failure by Tenant in the payment of rent hereunder. 

  

			
	
                   
       
	  	
                   
       

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 EXHIBIT A 
  

 
  

			
	
                   
       
	  	
                   
       

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 32.      ATTORNEYS FEES 

(A)        In the event that Landlord or Tenant, as applicable, should bring suit for the possession of
the Premises, for the recovery of any sum due under this Lease, or because of the breach of any provision of this Lease, or for any other relief against Landlord or Tenant hereunder, then all costs and expenses, including reasonable attorney’s
fees, incurred by the prevailing party therein shall be paid by the other party, which obligation on the part of the other party shall be deemed to have accrued on the date of the commencement of such action and shall be enforceable whether or not
the action is prosecuted to judgement. 
 (B)        Should Landlord be named as a defendant in any
suit brought against Tenant in connection with or arising out of Tenant’s occupancy hereunder, Tenant shall pay to Landlord its costs and expenses incurred in such suit, including a reasonable attorney’s fee to the extent such claim is
primarily attributable to the activities of Tenant. 
 33.      WAIVER The waiver by either party of the other
party’s failure to perform or observe any term, covenant or condition herein contained to be performed or observed by such waiving party shall not be deemed to be a waiver of such term, covenant or condition or of any subsequent failure of the
party failing to perform or observe the same or any other such term, covenant or condition therein contained, and no custom or practice which may develop between the parties hereto during the term hereof shall be deemed a waiver of, or in any way
affect, the right of either party to insist upon performance and observance by the other party in strict accordance with the terms hereof. 

34.      NOTICES All notices, demands, requests, advices or designations which may be or are required to be given by
either party to the other hereunder shall be in writing. All notices, demands, requests, advices or designations by Landlord to Tenant shall be sufficiently given, made or delivered if personally served on Tenant by leaving the same at the Premises
or if sent by United States certified or registered mail, postage prepaid, addressed to Tenant at the Premises. All notices, demands, requests, advices or designations by Tenant to Landlord shall be sent by United States certified or registered
mail, postage prepaid, addressed to Landlord at its offices at 1875 South Grant Street, Suite 100, San Mateo, CA 94402. Each notice, request, demand advice or designation referred to in this paragraph shall be deemed received on the date of the
personal service or mailing thereof in the manner herein provided, as the case may be. 
 35.      EXAMINATION OF LEASE
Submission of this instrument for examination or signature by Tenant does not constitute a reservation of or option for a lease, and this instrument is not effective as a lease or otherwise until its execution and delivery by both Landlord and
Tenant. Landlord and Tenant mutually intend that neither shall have any binding contractual obligations to the other with respect to the matters referred to herein unless and until this instrument has been fully executed by both parties. 

36.      DEFAULT BY LANDLORD Landlord shall not be in default unless Landlord fails to perform obligations required of
Landlord within a reasonable time, but in no event earlier than ten (10) days after written notice by Tenant to Landlord and to the holder of any first mortgage or deed of trust covering the Premises whose name and address shall have heretofore
been furnished to Tenant in writing, specifying wherein Landlord has failed to perform such obligations; provided, however, that if the nature of Landlord’s obligations is such than more than ten (10) days are required for performance,
then Landlord shall not be in default if Landlord commences performance within such ten (10) day period and thereafter diligently prosecutes the same to completion. 

37.      CORPORATE AUTHORITY 

If Tenant is a corporation (or a partnership) each individual executing this Lease on behalf of said corporation (or partnership) represents
and warrants that he is duly authorized to execute and deliver this Lease on behalf of said corporation (or partnership) in accordance with the by-laws of said corporation (or partnership in accordance with
the partnership agreement) and that this Lease is binding upon said corporation (or partnership) in accordance with its terms. If Tenant is a corporation, Tenant shall, within sixty (60) days after execution of this Lease, deliver to Landlord a
certified copy of the resolution of the Board of Directors of said corporation authorizing or ratifying the execution of this Lease. 

38.      DELETED 

39.      LIMITATION OF LIABILITY In consideration of the benefits accruing hereunder, Tenant and all successors and
assigns covenant and agree that, in the event of any actual or alleged failure, breach or default hereunder by Landlord: 
  

	 	(i)	 the sole and exclusive remedy shall be against Landlord and Landlord’s assets; 

  

			
	
                   
       
	  	
                   
       

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	 	(ii)	 no partner of Landlord shall be sued or named as a party in any suit or action (except as may be necessary to
secure jurisdiction of the partnership) 

  

	 	(iii)	 no service of process shall be made against any partner of Landlord (except as may be necessary to secure
jurisdiction of the partnership) 

  

	 	(iv)	 no partner of Landlord shall be required to answer or otherwise plead to any service of process;

  

	 	(v)	 no judgement shall be taken against any partner of Landlord; 

 

	 	(vi)	 any judgement taken against any partner of Landlord may be vacated and set aside at any time without hearing;

  

	 	(vii)	 no writ of execution will ever be levied against the assets of any partner of Landlord; 

 

	 	(viii)	 these covenants and agreements are enforceable both by Landlord and also by any partner of Landlord.

  

	 	(ix)	 The term, “Landlord”, as used in this section, shall mean only the owner or owners from time to time
of the fee title or the tenant’s interest under a ground lease of the land described in Exhibit “B”, and in the event of any transfer of such title or interest, Landlord herein named (and in case of any subsequent transfers the then
grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord’s obligations thereafter to be performed, provided that any funds in the hands of Landlord or the then grantor at the time of such
transfer, in which Tenant has an interest, shall be delivered to the grantee. Similarly, the obligations contained in this Lease to be performed by Landlord shall be binding on Landlord’s successors and assigns only during their respective
period of ownership. Tenant agrees that each of the foregoing covenants and agreements shall be applicable to any covenant or agreement either expressly contained in this Lease or imposed by statute or at common law. 

40.      BROKERS Tenant warrants that it had dealing with only of the following real estate brokers or agents in
connection with the negotiation of this Lease: Cornish and Carey Commercial and CPS and that it knows of no other real estate broker or agent who is entitled to a commission in connection with this Lease. 

41.      SIGNS No sign, placard, picture, advertisement, name or notice shall be inscribed, displayed, printed or affixed
on or to any part of the outside of the Premises or any exterior windows of the Premises without the written consent of Landlord first had and obtained and Landlord shall have the right to remove any such sign, placard, picture, advertisement, name
or notice without notice to and at the expense of Tenant. If Tenant is allowed to print or affix or in any way place a sign in, on, or about the Premises, then upon expiration or other sooner termination of this Lease, Tenant at Tenant’s sole
cost and expense shall both remove such sign and repair all damage in such manner as to restore all aspects of the appearance of the Premises to the condition prior to the placement of said sign. 

All approved signs or lettering on outside doors shall be printed, painted, affixed or inscribed at the expense of Tenant by a person approved
of by Landlord. Tenant shall not place anything or allow anything to be placed near the glass of any window, door partition or wall which may appear unsightly from outside the Premises. Landlord to provide the initial building standard signs for
Tenant in the first floor lobby directory, sixth floor directory strip and door signage. All subsequent requests for signs shall be at Tenant’s sole cost and expense. 

42.      FINANCIAL STATEMENTS In the event Tenant tenders to Landlord any information on the financial stability, credit
worthiness or ability of the Tenant to pay the rent due and owing under the Lease, then Landlord shall be entitled to rely upon the information provided in determining whether or not to enter into this Lease Agreement with Tenant and Tenant hereby
represents and warrants to Landlord the following: (i) That all documents provided by Tenant to Landlord are true and correct copies of the original; and (ii) Tenant has not withheld any information from Landlord which is material (as
determined by Tenant) to Tenant’s credit worthiness, financial condition or ability to pay the rent; and (iii) all information supplied by Tenant to Landlord is true, correct and accurate; and (iv) no part of the information supplied
by Tenant to Landlord contains misleading or fraudulent statements. 
 A default under this paragraph shall be a non-curable default on behalf of Tenant and Landlord shall be entitled to pursue any right or remedy available to Landlord under the terms of this Lease or available to Landlord under the laws of the State of
California. 

  

			
	
                   
       
	  	
                   
       

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 43.      HAZARDOUS MATERIALS 

A.        As used herein, the term “Hazardous Material” shall mean any substance or material
which has been determined by any state, federal or local governmental authority to be capable of posing a risk of injury to health, safety or property including all of those materials and substances designated or defined as “hazardous” or
“toxic” by (i) the Environmental Protection Agency, the California Water Quality Control Board, the Department of Labor, the California Department of Industrial Relations, the Department of Transportation, the Department of
Agriculture, the Consumer Product Safety Commission, the Department of Health and Human Services, the Food and Drug Agency or any other governmental agency now or hereafter authorized to regulate materials and substances in the environment, or by
(ii) the Comprehensive Environmental Response, Compensation and Liability Act of 1980, 42 U.S.C. 9601 et seq., as amended; the Hazardous Materials Transportation Act, 49 U.S.C. 1801, et seq., as amended; the Resource Conservation and Recovery
Act, 42 U.S.C. 6901, et seq., as amended; the Hazardous Waste Control Law, California Health & Safety Code 25100 et seq., as amended; Sections 66680 through 66685 of Title 22 of the California Administration Code, Division 4, Chapter 30, as
amended; and in the regulations adopted and publications promulgated pursuant to said laws. 

B.        Tenant shall not cause or permit any Hazardous Material to be improperly or illegally used,
stored, discharged, released or disposed of in, from, under or about the Premises or the Complex, or any other land or improvements in the vicinity of the Premises or the Complex; provided, however, that Tenant shall be allowed to use and store such
products which are of a type customarily found in offices and houses, such as aerosol cans containing insecticides, toner for copiers, paints, paint remover, and the like). Without limiting the generality of the foregoing, Tenant, at its sole cost,
shall comply with all laws relating to Hazardous Materials and Tenant’s specific use of the Premises. If the presence of Hazardous Materials on the Premises or the Complex caused or permitted by Tenant results in contamination of the Premises
or the Complex or any soil or about the Premises or the Complex, Tenant, as its expense shall promptly take all actions necessary to return the Premises or the Complex to the condition existing prior to the appearance of such Hazardous Material. The
termination of this Lease shall not terminate or reduce the liability or obligation of Tenant under this Section, or as may be required by law, to clean up, monitor or remove any Hazardous Materials from the Premises or the Complex. 

Tenant shall defend, hold harmless and indemnify Landlord and its agents and employees with respect to all claims, damages and liabilities
arising out of or in connection with any Hazardous Material used, stored, discharged, released or disposed of in, from, under or about the Premises or the Complex, where said Hazardous Material is or was introduced by the activities of Tenant, its
agents or contractors during the Lease term and whether or not Tenant had knowledge of such Hazardous Material, including, without limitation, any cost of monitoring or removal, any reduction in the fair market value or fair rental value of the
Premises or the Complex and any loss, claim or demand by any third person or entirely relating to bodily injury or damage to real or personal property. 

Tenant shall not suffer any lien to be recorded against the premises or the Complex as a consequence of a Hazardous Material, including any so
called state, federal or local “super fund” lien related to the “clean up” of a Hazardous Material in or about the Premises, where said Hazardous Material is or was attributable to the activities of Tenant. 

C.        In the event Hazardous Materials are discovered in or about the Premises or the Complex, and
Landlord has substantial reason to believe that Tenant was responsible for the presence of the Hazardous Material, then Landlord shall have the right to appoint a consultant reasonably approved by Tenant, at Tenant’s expense, to conduct an
investigation to determine whether Hazardous Materials are located in or about the Premises or the Complex and to determine the corrective measures, if any, required to remove such Hazardous Materials. In the event it is determined Tenant is
responsible for the presence of Hazardous Materials on the Premises, Tenant, at its expense, shall comply with all recommendations of the consultant, as required by law. To the extent it is determined that Tenant was not responsible for the presence
of the Hazardous Materials, then Landlord shall reimburse Tenant for any costs incurred by Landlord and paid by Tenant under the terms of this paragraph 45.C. 

Tenant shall immediately notify Landlord of any inquiry, test, investigation or enforcement proceeding by or against Tenant or the Premises or
the Complex concerning a Hazardous Material. Tenant acknowledges that Landlord, as the owner of the Property, at its election, shall have the sole right, at its expense, to negotiate, defend, approve and appeal any action taken or order issued with
regard to a Hazardous Material by an applicable governmental authority. Provided Tenant is not in default under the terms of this Lease, Tenant shall likewise have the right to participate in any negotiations, approvals or appeals of any actions
taken or orders issued with regard to the Hazardous Material and Landlord shall not have the right to bind Tenant in said actions or orders. 

  

			
	
                   
       
	  	
                   
       

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 D.        It shall not be unreasonable for Landlord
to withhold its consent to any proposed assignment or subletting if (i) the proposed assignee’s or subtenant’s anticipated use of the Premises involves the storage, use or disposal of Hazardous Material; (ii) if the proposed
assignee or subtenant has been required by any prior landlord, lender or governmental authority to “clean up” Hazardous Material; (iii) if the proposed assignee or subtenant is subject to investigation or enforcement order or
proceeding by any governmental authority in connection with the use, disposal or storage of a Hazardous Material. 

E.        Tenant shall surrender the Premises to Landlord, upon the expiration or earlier termination
of the Lease, free of Hazardous Materials which are or were attributable to Tenant. If Tenant fails to so surrender the Premises, Tenant shall indemnify and hold Landlord harmless from all damages resulting from Tenant’s failure to surrender
the Premises as required by this paragraph, including, without limitation, any claims or damages in connection with the condition of the Premises including, without limitation, damages occasioned by the inability to relet the Premises or a reduction
in the fair market and/or rental value of the Premises or the Complex by reason of the existence of any Hazardous Materials, which are or were attributable to the activities of Tenant, in or around the Premises or the Complex. Notwithstanding any
provision to the contrary in this Lease, if any action is required to be taken by a governmental authority to clean-up, monitor or remove any Hazardous Materials, which are or were attributable to the
activities of Tenant, from the Premises or the Complex and such action is not completed prior to the expiration or earlier termination of the Lease, then at Landlord’s election (i) this Lease shall be deemed renewed for a term commencing
on the expiration date of this Lease and ending on the date the clean-up, monitoring or removal procedure is completed (provided, however, that the total term of this Lease shall not be longer than 34 years
and 11 months); or (ii) Tenant shall be deemed to have impermissibly held over and Landlord shall be entitled to all damages directly or indirectly incurred in connection with such holding over, including without limitation damages
occasioned by the inability to relet the Premises or a reduction in the fair market and/or fair rental value of the Premises or the Complex by reason of the existence of the Hazardous Material. 

F.        Upon the Lease Commencement Date, Tenant shall provide to Landlord a complete list of all
chemicals, toxic waste or Hazardous Materials employed by Tenant within the Premises (other than products which are of a type customarily found in offices and houses, such as aerosol cans containing insecticides, toner for copiers, paints, paint
remover, and the like). Throughout the terms of the Lease, Tenant shall continue to update this list of chemicals, contaminants and Hazardous Materials. 

44.      MISCELLANEOUS AND GENERAL PROVISIONS 

a.     Tenant shall not, without the written consent of Landlord, use the name of the building for any purpose other than
as the address of the business conducted by Tenant in the Premises. 
 b.    This Lease shall in all respects be governed
by and construed in accordance with the laws of the State of California. If any provision of this Lease shall be invalid, unenforceable or ineffective for any reason whatsoever, all other provisions hereof shall be and remain in full force and
effect. 
 c.     The term “Premises” includes the space leased hereby and any improvements now or hereafter
installed therein or attached thereto. The term “Landlord” or any pronoun used in place thereof includes the plural as well as the singular and the successors and assigns of Landlord. The term “Tenant” or any pronoun used in
place thereof includes the plural as well as the singular and individuals, firms, associations, partnerships and corporations, and the and each of their respective heirs, executors, administrators, successors and permitted assigns, according to the
context hereof, and the provisions of this Lease shall injure to the benefit of and bind such heirs, executors, administrators, successors and permitted assigns. 

The term “person” includes the plural as well as the singular and individuals, firms, associations, partnerships and corporations.
Words used in any gender include other genders. If there be more than one Tenant the obligations of Tenant hereunder are joint and several. The paragraph headings of this Lease are for convenience of reference only and shall have no effect upon the
construction or interpretation of any provision hereof. 
 d.    Time is of the essence of this Lease and of each and all
of its provisions. 
 e.    At the expiration or earlier termination of this Lease, Tenant shall execute, acknowledge and
deliver to Landlord, within ten (10) days after written demand from Landlord to Tenant, any quitclaim deed or other document required by any reputable title company, licensed to operate in the State of California, to remove the cloud or
encumbrance created by this Lease from the real property of which Tenant’s Premises are a part. 
  

			
	
                   
       
	  	
                   
       

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 f.    This instrument along with any exhibits and attachments hereto
constitutes the entire agreement between Landlord and Tenant relative to the Premises and this agreement and the exhibits and attachments may be altered, amended or revoked only by an instrument in writing signed by both Landlord and Tenant.
Landlord and Tenant hereby agree that all prior or contemporaneous oral agreements between and among themselves and the agents or representatives relative to the leasing of the Premises are merged in or revoked by this agreement. 

g.    Neither Landlord nor Tenant shall record this Lease or a short form memorandum hereof without the consent of the
other. 
 h.    Tenant further agrees to execute any amendments required by a lender to enable Landlord to obtain
financing, so long as Tenant’s rights hereunder are not substantially affected. 
 i.    Clauses, plats and riders,
if any, signed by Landlord and Tenant and endorsed on or affixed to this Lease are a part hereof. 
 j.    Tenant
covenants and agrees that no diminution or shutting off of light, air or view by any structure which may be hereafter erected (whether or not by Landlord) shall in any way affect this Lease, entitle Tenant to any reduction of rent hereunder or
result in any liability of Landlord to Tenant. 
 IN WITNESS WHEREOF, Landlord and Tenant have executed and delivered this Lease as of the day and year
first above written. 
  

									
	CROSSROADS ASSOCIATES	  		  	 SONIM TECHNOLOGIES, INC.

a Delaware Corporation

					
	By	  	 /s/ Gregory Osborn
	  		  	By	  	 /s/ Milan Parikh

	Title	  	Partner	  		  	Title	  	Chief Financial Officer
				
	CLOCKTOWER ASSOCIATES	  		  		  	
					
	BY	  	 /s/ Gregory Osborn
	  		  		  	
	Title	  	Partner	  		  		  	

  

			
	
                   
       
	  	
                   
       

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 RULES AND REGULATIONS OF THE BUILDING 

1 
 No sign, placard,
picture, advertisement, name or notice shall be inscribed, displayed or printed or affixed on or to any part of the outside of the Premises or any exterior windows of the Premises without the written consent of Landlord first had and obtained and
Landlord shall have the right to remove any such sign, placard, picture, advertisement, name or notice without notice to and at the expense of Tenant. 

All approved signs or lettering on outside doors shall be printed, painted, affixed or inscribed at the expense of Tenant by a person approved
of by Landlord. 
 Tenant shall not place anything or allow anything to be placed near the glass of any window, door partition or wall which
may appear unsightly from outside the Premises. 
 2 

Tenant shall not occupy or permit any portion of the Premises to be occupied for the manufacture or sale of liquor, narcotics or tobacco in
any form. 
 3 
 The
bulletin board or directory of the Premises will be provided for the display of the number and location of Tenant, and Landlord will provide directory service to a reasonable extent for Tenant at initial occupancy. Changes thereafter shall be at
Tenant’s expense. 
 4 

The sidewalks, passages, exits, entrances, elevators and stairways shall not be obstructed by Tenant or used by it for any purpose other than
ingress to and egress from its Premises. The passages, exists, entrances, stairways, balconies and roof are not for the use of the general public and Landlord shall in all cases retain the right to control and prevent access thereto by all persons
whose presence in the judgement of Landlord shall be prejudicial to the safety, character, reputation and interests of the Premises and its tenants, provided that nothing herein contained shall be construed to prevent such access to persons with
whom Tenant normally deals in the ordinary course of Tenant’s business unless such persons are engaged in illegal activities. Tenant, employees or invitees of Tenant shall not go upon the roof of the Premises. 

5 
 The toilet rooms,
urinals, wash bowls and other apparatus shall not be used for any purpose other than that for which they were constructed and no foreign substance of any kind whatsoever shall be thrown therein and the expense of any breakage, stoppage or damage
resulting from the violation of this rule shall be borne by tenant who, or whose employees or invitees shall have caused it. 
 6 

Tenant shall not overload the floor of the Premises or in any way deface the Premises or any part thereof. 

7 
 Landlord shall have
the right to prescribe the weight, size and position of all safes and other heavy equipment brought into the Premises and also the times and manner of moving the same in and out of the Premises. Safes or other heavy objects shall, if considered
necessary by Landlord, slant on wood strips of such thickness as is necessary to properly distribute the weight. Landlord will not be responsible for loss of or damage to any such safe or property from any cause and all damage done to the Premises
by moving or maintaining any such safe or other property shall be repaired at the expense of Tenant. 
 8 

Tenant shall not employ any person or persons other than the Janitor of Landlord or Tenant’s personnel for the purpose of cleaning the
Premises unless otherwise agreed to by Landlord. Tenant shall not cause any unnecessary labor by reason of Tenant’s carelessness or indifference in the preservation of good order and cleanliness. 

9 
 Tenant shall not use,
keep or permit to be used or kept any foul or noxious gas or substance in the Premises, or permit or suffer the Premises to be occupied or used in a manner offensive or objectionable to Landlord or other occupant of the Premises by reason of noise,
odors and/or vibrations, or interfere in any way with other tenant or those having business therein, nor shall any animals or birds with the exception of Dog Guides for the blind, be brought in or kept about the Premises. 

10 
 No cooking shall be
done or permitted by Tenant on the Premises, nor shall the Premises be used for the storage of merchandise for washing clothes, for lodging, or for any improper, objectionable or immoral purposes. 

11 
 Landlord will direct
electrician as to where and how telephone and telegraph wires are to be introduced. No boring or cutting for wires will be allowed without the consent of Landlord. The location of telephones, call boxes and other office equipment affixed to the
Premises shall be subject to the approval of Landlord. 
  

			
	
                   
       
	  	
                   
       

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Tenant upon the termination of the tenancy, shall deliver to Landlord the keys of offices, rooms and toilet rooms which have been furnished
the Tenant or which Tenant shall have had made, and in the event of loss of any keys so furnished, shall pay Landlord therefor. 
 13

 Tenant shall see that the doors of the Premises are closed and securely locked before leaving the Premises and must observe strict
care and caution that all water faucets or water apparatus within the Premises are entirely shut off before Tenant or Tenant’s employees leave the Premises, and that all electricity shall likewise be carefully cut off, so as to prevent waste or
damage. 
 14 
 Landlord
reserves the right to exclude or expel from the Premises any person who, in the judgement of Landlord, is intoxicated or under the influence of liquor or drugs, or who shall in any manner do any act in violation of any of the rules and regulations
of the Premises. 
 15 

The requirements of Tenant will be attended to only upon application to Landlord at 1875 South Grant Street, San Mateo, California 94402.
Employees of Landlord shall not perform any work or do anything outside of the regular duties unless under special instructions from Landlord. 

16 
 Landlord shall have
the right, exercisable without notice and without liability to Tenant, to change the name and the street address of the Premises and/or Complex. 

17 
 Tenant shall not
disturb, solicit, or canvass any occupant of the Premises and shall cooperate to prevent same. 
 18 

Tenant and its employees shall park their vehicles only in those portions of the parking areas so designated by Landlord. Tenant shall furnish
Landlord with a list of its and its employees’ vehicle license number within fifteen (15) days after taking possession of the Premises and Tenant shall thereafter notify Landlord of any change in such list within five (5) days after
such change occurs. Tenant agrees to assume responsibility for compliance by its employees with the parking provision contained herein. If Tenant or its employees park in other than such designated parking areas then Landlord may charge Tenant, as
an additional charge, and Tenant agrees to pay, Ten Dollars ($10.00) per day for each day or partial day each such vehicle is parked in any area other than that designated. Tenant hereby authorizes Landlord at Tenant’s sole expense to tow away
from the Complex any vehicle belonging to Tenant or Tenant’s employees parked in violation of these provisions, or to attach violation stickers or notices to such vehicle. Tenant shall use the parking areas for vehicle parking only, and shall
not use the parking areas for storage. 
  

					
	Landlord’s initials	 		  	Tenant’s initials
			
	  
	 		  	  

  

			
	
                   
       
	  	
                   
       

	INITIAL HERE	  	INITIAL HERE

 

 
  

			
	
                   
       
	  	
                   
       

	INITIAL HERE	  	INITIAL HERE

 EXHIBIT “B” 
 

 

 EXHIBIT C 
  

 
  

			
	
                   
       
	  	
                   
       

	INITIAL HERE	  	INITIAL HERE

 TWELFTH AMENDMENT TO LEASE AGREEMENT 

This Twelfth Amendment to Lease Agreement (this “Twelfth Amendment”) is made and entered into as of June 27, 2018, by
and between BCSP CROSSROADS PROPERTY LLC, a Delaware limited liability company (“Landlord”), and SONIM TECHNOLOGIES, INC., a Delaware corporation (“Tenant”). 

R E C I T A L S : 

A.        Landlord, as successor in interest to Crossroads Associates and Clocktower Associates, and
Tenant, are parties to that certain Lease Agreement dated May 25, 2006 (the “Office Lease”), whereby Tenant currently leases approximately 5,650 rentable square feet of space known as Suite 200 (the “Current
Premises”) on the second (2nd) floor of the building (the “1825 Building”) located at 1825 South Grant Street, San Mateo, California. The Office Lease, as amended by the First Amendment of Lease dated
June 11, 2007, Second Amendment of Lease dated May 8, 2008, Third Amendment of Lease dated July 24, 2009, Fourth Amendment of lease dated July 23, 2010, Fifth Amendment of Lease dated August 8, 2011, Sixth Amendment of Lease
dated March 26, 2012, Seventh Amendment of Lease dated July 11, 2012, Eighth Amendment to Lease dated August 8, 2013, Ninth Amendment of Lease dated February 5, 2014, Tenth Amendment of Lease dated January 26, 2016, and the
Eleventh Amendment to Office Lease dated April 26, 2017 (the “Eleventh Amendment”) is referred to herein, collectively, as the “Lease”. 

B.        Landlord and Tenant desire to relocate Tenant from the Current Premises to that certain
space (the “New Premises”) comprised of (i) 5,633 rentable square feet of space located on the seventh (7th) floor of the building located at 1875 South Grant Street,
San Mateo, California (the “Building”), and commonly known as Suite 750, and (ii) 2,783 rentable square feet of space located on the seventh (7th) floor of the Building,
and commonly known as Suite 770, for a total of 8,416 rentable square feet, and to make other modifications to the Lease, and in connection therewith, Landlord and Tenant desire to amend the Lease as hereinafter provided. An outline of the New
Premises is delineated on Exhibit A attached hereto and made a part hereof. 
 A G R E
E M E N T: 
 NOW, THEREFORE, in consideration of the foregoing recitals and the mutual covenants
contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows. 

1.        Defined Terms. Except as explicitly set forth in this Twelfth Amendment, each
initially capitalized term when used herein shall have the same respective meaning as is set forth in the Lease. 

  

 2.        New Term. Landlord and Tenant
hereby acknowledge and agree that the term of the Lease with respect to the Current Premises is scheduled to expire on May 14, 2020. Notwithstanding any provision to the contrary set forth in the Lease, Landlord and Tenant hereby acknowledge
and agree to extend the term of the Lease to August 14, 2025 (the “New Premises Expiration Date”), unless the Lease, as amended by this Twelfth Amendment, is sooner terminated or extended as provided in the Lease, as amended
hereby. 
  

	 	3.	 Current Premises. 

3.1.    Condition of Current Premises. Tenant acknowledges that Tenant currently occupies the Current Premises and
that Tenant shall continue to accept the Current Premises in its presently existing, “as is” condition, and Landlord shall not be obligated to provide or pay for any improvements or alterations to the Current Premises. Tenant also
acknowledges that neither Landlord nor any agent of Landlord has made any representation or warranty regarding the condition of the Current Premises, the 1825 Building or the Complex or with respect to the suitability of any of the foregoing for the
conduct of Tenant’s business. 
  

	 	3.2.    Rent.	 

3.2.1    Basic Rent. Prior to the New Premises Commencement Date (defined in Section 4.1
below), Tenant shall continue to pay to Landlord monthly installments of Basic Rent for the Current Premises pursuant to the terms of the Lease. 

3.2.2    Additional Rent. With respect to the period of the Lease Term occurring prior to the New Premises
Commencement Date, Tenant shall continue paying to Landlord Additional Rent attributable to the Current Premises that arise or accrue during such period in accordance with the terms of the Lease, including, without limitation,
Section 4D of the Office Lease, as amended by Section 4.3 of the Eleventh Amendment. 

3.3.    Termination of Tenant’s Lease of the Current Premises. 

3.3.1    In General. Upon the date (the “Current Premises Expiration Date”) immediately
preceding the New Premises Commencement Date, notwithstanding anything in the Lease to the contrary, Tenant’s lease of the Current Premises shall automatically terminate and be of no further force and effect, and Landlord and Tenant shall be
relieved of their respective obligations under the Lease, as amended hereby, in connection with the Current Premises, except those obligations which relate to the term of Tenant’s lease of the Current Premises and/or specifically survive the
expiration or earlier termination of Tenant’s lease of the Current Premises, including, without limitation, the payment by Tenant of all amounts owed by Tenant under the Lease, as amended hereby, with respect to Tenant’s period of
Tenant’s lease of the Current Premises. Tenant shall vacate the Current Premises, and surrender and deliver exclusive possession thereof to Landlord on or before the New Premises Commencement Date in accordance with the provisions of the Lease,
as amended hereby (i.e., as if the Lease had terminated, although the Lease shall only terminate with respect to the Current Premises). In the event that Tenant retains possession of the Current Premises or any part thereof after the Current
Premises Expiration Date, then (i) the provisions of Article 28 of the Office Lease shall apply with respect to the Current Premises and any amounts for which Tenant would otherwise be liable thereunder if the Lease

  
 2 

 
were still in effect with respect to the Current Premises, and (ii) in addition to any other liabilities to Landlord accruing therefrom, Tenant shall protect, defend, indemnify and hold
Landlord harmless from all loss, costs (including reasonable attorneys’ fees) and liability suffered by Landlord as a result of such holdover, including, without limiting the generality of the foregoing, any claims made by any succeeding tenant
founded upon such failure to surrender and any lost rent to Landlord resulting therefrom. Additionally, in the event that the New Premises are not Ready for Occupancy (defined in Section 5.1 of the Tenant Work Letter,
attached hereto as Exhibit B (the “Tenant Work Letter”)) due to a Tenant Delay (defined in Section 5.2 of the Tenant Work Letter), then, effective as of the date that the New Premises
would have been Ready for Occupancy but for any such Tenant Delay, and continuing through the date that the New Premises are Ready for Occupancy, (i) Tenant shall pay the Basic Rent payable for the Current Premises in accordance with Article
28 of the Office Lease, which is $34,044.08 per month, and (ii) Tenant shall continue to pay to Landlord Additional Rent attributable to the Current Premises in accordance with the terms of the Lease, including, without limitation,
Section 4D of the Office Lease, as amended by Section 4.3 of the Eleventh Amendment. 

3.3.2    Representations of Tenant. Tenant represents and warrants to Landlord that (a) Tenant has not
heretofore sublet the Current Premises nor assigned all or any portion of its interest in the Lease; (b) no other person, firm or entity has any right, title or interest in the Lease; and (c) Tenant has the full right, legal power and
actual authority to enter into this Twelfth Amendment and to terminate the Lease as set forth herein with respect to the Current Premises without the consent of any person, firm or entity. Tenant further represents and warrants to Landlord that as
of the date hereof there are no, and as of the Current Premises Expiration Date there shall not be any, mechanic’s liens or other liens encumbering all or any portion of the Current Premises, by virtue of any act or omission on the part of
Tenant, its contractors, agents, employees or subtenants. The representations and warranties set forth in this Section 3.3.2 shall survive the termination of the Lease with respect to the Current Premises and Tenant shall
be liable to Landlord for any inaccuracy or any breach thereof. 
 3.3.3    Representations of Landlord. Landlord
represents and warrants to Tenant that Landlord has the full right, legal power and actual authority to enter into this Twelfth Amendment and to terminate the Lease as set forth herein with respect to the Current Premises without the consent of any
person, firm or entity. The representations and warranties set forth in this Section 3.3.3 shall survive the termination of the Lease with respect to the Current Premises, and Landlord shall be liable to Tenant for any
inaccuracy or any breach thereof. 
  

	 	4.	 Modification of Premises. 

4.1.        New Premises. Effective as of the date (the “New Premises Commencement
Date”) that is the earlier to occur of (i) the date upon which Tenant first commences to conduct business in the New Premises, and (ii) the date upon which the New Premises are Ready for Occupancy, which date this
anticipated to be September 1, 2018, and continuing through the New Premises Expiration Date, Landlord shall lease to Tenant, and Tenant shall lease from Landlord the New Premises. The term of the Tenant’s lease of the New Premises
commencing on the New Premises Commencement Date and continuing through, and including, the New Premises Expiration Date shall be referred to herein as the “New Premises Term”. As 

  
 3 

 
of the New Premises Commencement Date, all references in the Lease, as amended by this Twelfth Amendment, to the “Premises” shall be deemed to refer not to the Current Premises, but
instead to the New Premises. 
 4.2.        Condition of the New Premises. Tenant hereby
acknowledges and agrees that, except as otherwise set forth in the Tenant Work Letter and the terms of this Section 4.2, below, Tenant shall accept the New Premises in its existing, “as is” condition and Landlord
shall not be obligated to provide or pay for any improvement work or services related to the improvement of the New Premises. Landlord shall deliver the Building systems located in or serving the New Premises in good working order and repair. Tenant
also acknowledges that neither Landlord nor any agent of Landlord has made any representation or warranty regarding the condition of the New Premises or the Building or with respect to the suitability of the same for the conduct of Tenant’s
business. 
 4.3.        Basic Rent. 

4.3.1    In General. Commencing on the New Premises Commencement Date and continuing throughout the New Premises
Term, Tenant shall pay monthly installments of Basic Rent for the New Premises in the amounts set forth below, which payments shall be made in accordance with the terms of the Lease. 

 

							
	 Period During

New Premises Term
	 	Annual Basic Rent	 	Monthly Installments of
Basic Rent	 	Monthly Basic Rent
per Rentable Square
Foot
	1-12*	 	$398,918.40	 	$33,243.20	 	$3.95
	13-24	 	$411,037.44	 	$34,253.12	 	$4.07
	25-36	 	$423,156.48	 	$35,263.04	 	$4.19
	37-48	 	$436,285.44	 	$36,357.12	 	$4.32
	49-60	 	$449,414.40	 	$37,451.20	 	$4.45
	61-72	 	$462,543.36	 	$38,545.28	 	$4.58
	73-New Premises
Expiration Date	 	$476,682.24	 	$39,723.52	 	$4.72

  

	*	 Notwithstanding any provision to the contrary set forth in Section 4.3.1, in the
event that the New Premises Commencement Date occurs prior to September 1, 2018, then for the period commencing on the New Premises Commencement Date and continuing through August 31,2018, Tenant shall pay to Landlord Basic Rent in an
amount equal to $22,696.05 (i.e., the monthly Basic Rent attributable to the Current Premises as of the date hereof). 

4.3.2    Abatement of Basic Rent. Provided that Tenant is not then in default, beyond any applicable notice and
cure periods set forth in the Lease, as amended, then 

  
 4 

 
Tenant shall not be obligated to pay the Basic Rent otherwise attributable to the New Premises for the initial three (3) full months of the New Premises Term (the “Abatement
Period”), provided, however, that in the event that the New Premises Commencement Date occurs prior to September 1, 2018, then the Abatement Period shall be deemed to refer to September 2018, October 2018, and November 2018. 

4.4.        Rentable Square Footage of Building and Complex; Additional Rent. 

4.4.1    Rentable Square Footage of Building and Complex. Landlord and Tenant hereby acknowledge and agree that
Landlord has re-measured the Building and Complex. In connection with foregoing, effective as of the New Premises Commencement Date, the Building shall be deemed to consist of 178,745 rentable square feet, and
the Complex shall be deemed to consist of 406,444 rentable square feet, which rentable square footages shall not be subject to remeasurement or modification. 

4.4.2    Additional Rent. Notwithstanding any provision to the contrary contained in the Lease, during the New
Premises Term, Tenant shall pay Additional Rent attributable to the New Premises as adjusted in accordance with the terms of Section 4D of the Office Lease, as amended by Section 4.3 of the
Eleventh Amendment, provided, however, (i) effective as of the New Premises Commencement Date, Tenant’s proportionate share, for purpose of calculating Additional Rent, for (a) the Building shall be equal to 4.7084% and (b) the
Complex shall be equal to 2.071%. 
  

	 	5.	 Option Term. 

5.1.        Option Right. Landlord hereby grants to the Tenant named in this Twelfth Amendment
(the “Original Tenant”) and any Permitted Assignee (defined below) one (1) option to extend the New Premises Term for a period of five (5) years (the “Option Term”), which option shall be
exercisable only by written notice delivered by Tenant to Landlord as provided below, provided that, as of the date of delivery of such notice, Tenant is not in default under the Lease, as amended, and has not previously been in default under the
Lease, as amended, beyond any applicable notice and cure periods, more than once. Upon the proper exercise of such option to extend, and provided that, at Landlord’s option, as of the end of the New Premises Term, Tenant is not in default under
the Lease, as amended, and Tenant has not previously been in default under the Lease, as amended, beyond any applicable notice and cure periods, more than once, the New Premises Term, as it applies to the entire New Premises, shall be extended for a
period of five (5) years. The rights contained in this Section 5 shall be personal to the Original Tenant or a Permitted Assignee, as the case may be, and may only be exercised by the Original Tenant or a Permitted
Assignee, as the case may be (and not any other assignee, sublessee or other transferee of the Original Tenant’s interest in the Lease, as amended) if the Original Tenant or a Permitted Assignee, as the case may be, occupies the entire New
Premises. For the purposes of this Twelfth Amendment, a “Permitted Assignee” shall mean a person or entity to whom this Lease is assigned in compliance with the terms of the Lease. 

5.2.        Option Rent. The annual Rent payable by Tenant during the Option Term (the
“Option Rent”) and the First Offer Term (defined in Section 6.5, below) shall be equal to the 

  
 5 

 
Fair Market Rent (defined below) for the New Premises and the Offer Space (defined in Section 6.1, below), as applicable, as of the commencement date of the Option Term
and the First Offer Term, as applicable. The “Fair Market Rent” shall be equal to the annual rent (including additional rent and considering any “base year” or “expense stop” applicable thereto), taking into
account all escalations, at which, as of the commencement of the Option Term or the First Offer Term, as applicable, tenants are leasing non-sublease, non-encumbered, non-equity, non-expansion space comparable in size, location and quality, level of finish and proximity to amenities and public transit, and containing the similar
improvements present in the New Premises or the Offer Space, as applicable, for a term of five (5) years with respect to the New Premises and the First Offer Term with respect to the Offer Space, in an
arm’s-length transaction, which comparable space is located in the Building, in the Complex or in the Comparable Buildings (defined below), and which comparable transactions (collectively, the
“Comparable Transactions”) are entered into within the six (6) month period immediately preceding Landlord’s delivery of the Option Rent Notice (defined in Section 5.3 below) or the First
Offer Notice (defined in Section 6.1, below), as applicable, taking into consideration only the following concessions (the “Concessions”): (a) rental abatement concessions, if any, being granted such
tenants in connection with such comparable space; and (b) tenant improvements or allowances provided or to be provided for such comparable space, taking into account, and deducting the value of, the existing improvements in the New Premises or
the Offer Space, as applicable, such value to be based upon the age, condition, design, quality of finishes and layout of the improvements and the extent to which the same can be utilized by a general office user; and (c) other reasonable
monetary concessions being granted such tenants in connection with such comparable space. The Fair Market Rent shall additionally include a determination (the “Financial Security Determination”) as to whether, and if so to
what extent, Tenant must provide Landlord with financial security, such as a letter of credit or guaranty, for Tenant’s rent obligations in connection with Tenant’s lease of the New Premises during the Option Term or the Offer Space during
the First Offer Term, as applicable. Such determination shall be made by reviewing the extent of financial security then generally being imposed in Comparable Transactions from tenants of comparable financial condition and credit history to the then
existing financial condition and credit history of Tenant (with appropriate adjustments to account for differences in the then-existing financial condition of Tenant and such other tenants). For purposes of this Twelfth Amendment, the term
“Comparable Buildings” shall mean Class A office properties which are substantially similar in size, construction quality, age, and use, and are located within the City of San Mateo, Foster City, and Redwood Shores. 

5.3.        Exercise of Option. The option contained in this
Section 5 shall be exercised by Tenant, if at all, only in the following manner: (i) Tenant shall deliver written notice to Landlord no earlier than fourteen (14) months prior to the expiration of the New Premises
Term and no later than eleven (11) months prior to the expiration of the New Premises Term, stating that Tenant is interested in exercising its option (“Tenant’s Interest Notice”); (ii) Landlord, after receipt of
Tenant’s Interest Notice, shall deliver notice (the “Option Rent Notice”) to Tenant no later than ten (10) months prior to the expiration of the New Premises Term setting forth the proposed Option Rent; and
(iii) if Tenant wishes to exercise such option, Tenant shall exercise the option by delivering written notice thereof to Landlord no later than nine (9) months prior to the expiration of the New Premises Term (the “Option Exercise
Notice”), and upon, and concurrent with, such exercise, Tenant may, at its option, object to the proposed Option Rent contained in the Option Rent Notice, in which case the parties shall follow the procedure set forth in
Section 5.4 below, and the Option Rent shall be determined, as set forth in Section 5.4 below. Time is of the essence with respect to the delivery of Tenant’s Interest Notice and Option
Exercise Notice. 

  
 6 

 5.4.     Determination of Option Rent. In the event Tenant timely
objects to the Option Rent in accordance with Section 5.3 above, Landlord and Tenant shall attempt to agree upon the Option Rent using reasonable good-faith efforts. If Landlord and Tenant fail to reach agreement within thirty (30) days
following the date Tenant delivers the Option Exercise Notice (the “Outside Agreement Date”), then each party shall make a separate determination of the Option Rent within ten (10) days following the Outside Agreement Date, and
such determinations shall be submitted to arbitration in accordance with Sections 5.4.1 through 5.4.7, below. 

5.4.1    Landlord and Tenant shall each appoint one arbitrator who shall, by profession, be a real estate broker who
shall have been active over the five (5) year period ending on the date of such appointment in the leasing of commercial office properties located in San Mateo, California. The determination of the arbitrators shall be limited solely to the
issue area of whether Landlord’s or Tenant’s submitted Option Rent is the closest to the actual Option Rent as determined by the arbitrators, taking into account the requirements of Section 5.2, above. Each such arbitrator
shall be appointed within fifteen (15) days after the Outside Agreement Date. 
 5.4.2    The two arbitrators so
appointed shall within ten (10) business days of the date of the appointment of the last appointed arbitrator agree upon and appoint a third arbitrator who shall be qualified under the same criteria set forth hereinabove for qualification of
the initial two arbitrators. 
 5.4.3    The three arbitrators shall within ten (10) business days of the
appointment of the third arbitrator reach a decision as to whether the parties shall use Landlord’s or Tenant’s submitted Option Rent and shall notify Landlord and Tenant thereof. 

5.4.4    The decision of the majority of the three (3) arbitrators shall be binding upon Landlord and Tenant. 

5.4.5    If either Landlord or Tenant fails to appoint an arbitrator within fifteen (15) days after the applicable
Outside Agreement Date, the arbitrator appointed by one of them shall reach a decision, notify Landlord and Tenant thereof, and such arbitrator’s decision shall be binding upon Landlord and Tenant. 

5.4.6    If the two arbitrators fail to agree upon and appoint a third arbitrator, or both parties fail to appoint an
arbitrator, then the appointment of the third arbitrator or any arbitrator shall be dismissed and the matter to be decided shall be forthwith submitted to arbitration under the provisions of the American Arbitration Association, but subject to the
instruction set forth in this Section 5. 
 5.4.7    The cost of arbitration shall be paid by Landlord and
Tenant equally. 
 6.        Right of First Offer. Landlord hereby grants to the Original
Tenant and a Permitted Assignee, as the case may be, a one-time right of first offer (the “Right of First Offer”) with respect to that certain space commonly known as Suite 720 (approximately
3,767 rentable square 

  
 7 

 
feet) and Suite 760 (approximately 1,409 rentable square feet) located on the seventh (7th) floor of the Building (individually and
collectively, “First Offer Space”), during the New Premises Term only. For avoidance of doubt, the Right of First Offer on the First Offer Space may be exercised by the Original Tenant and a Permitted Assignee, as the case may be,
on one or both suites referenced above. Notwithstanding the foregoing, such Right of First Offer of Tenant shall commence only following the expiration or earlier termination of the existing leases (including any renewals of such existing leases
regardless of whether such existing tenants have a renewal right or not) of the First Offer Space, and such Right of First Offer shall be subordinate to all rights of tenants under leases of the First Offer Space existing as of the date hereof, and
all rights of other tenants of the Building or the Complex, which rights relate to the First Offer Space and which rights are set forth in leases of space in the Building or the Complex existing as of the date hereof, each including any renewal,
extension, expansion, first offer, first negotiation and other similar rights, regardless of whether such rights are executed strictly in accordance with their respective terms or pursuant to lease amendments or new leases (all such tenants under
existing leases of the First Offer Space and other tenants of the Building and Complex, collectively, the “Superior Right Holders”) as set forth on Exhibit C, attached hereto. Tenant’s Right of First Offer
shall be on the terms and conditions set forth in this Section 6. 
 6.1.    Procedure for
Offer. Landlord shall notify Tenant (a “First Offer Notice”) whenever the First Offer Space or any portion thereof becomes available for lease to third parties (other than First Offer Superior Right Holders). The space described
in a First Offer Notice is referred to herein as “Offer Space”. The First Offer Notice shall describe the Offer Space in reasonable detail (including the precise location, configuration and rentable and usable areas), the
anticipated date of availability of the applicable Offer Space (the “ROFO Target Delivery Date”), shall set forth Landlord’s proposed First Offer Rent (defined in Section 6.3 below) (the
“Proposed First Offer Rent”), and the other economic terms upon which Landlord is willing to lease such space to Tenant. Pursuant to such First Offer Notice, Landlord shall offer to lease the available Offer Space to Tenant. 

6.2.    Procedure for Acceptance. If Tenant wishes to exercise Tenant’s Right of First Offer with respect to
the Offer Space described in a First Offer Notice, then on or before that date (the “First Offer Exercise Date”) that is ten (10) days following delivery of such First Offer Notice to Tenant, Tenant shall deliver written notice
to Landlord (“First Offer Exercise Notice”) irrevocably exercising its Right of First Offer with respect to the entire Offer Space described in such First Offer Notice on the terms contained in such First Offer Notice. If Tenant
does not timely deliver a First Offer Exercise Notice to Landlord on or before the First Offer Exercise Date, then Landlord shall be free to lease the space described in such First Offer Notice to anyone to whom Landlord desires on any terms
Landlord desires. If Tenant does not exercise its Right of First Offer with respect to any space described in a First Offer Notice or if Tenant fails to respond to a First Offer Notice within ten (10) days of delivery thereof, then
Tenant’s right of first offer as set forth in this Section 6.2 shall terminate as to all of the space described in such First Offer Notice. Notwithstanding the foregoing, if Landlord desires to enter into such a lease
or lease amendment with a third party on fundamental material economic terms and conditions that are more than seven percent (7%) more favorable than such fundamental material economic terms and conditions set forth in the First Offer Notice
provided to Tenant (as such terms and conditions are adjusted to account for the difference, if any, in the lease term offered to Tenant and the lease term offered to 

  
 8 

 
such third party), then Landlord shall deliver another First Offer Notice to Tenant containing such more favorable terms and conditions (as such terms and conditions are adjusted to account for
the difference, if any, in the lease term offered to Tenant and the lease term offered to such third party). If Tenant thereafter wishes to exercise its Right of First Offer offered to Tenant in a subsequent First Offer Notice, Tenant shall deliver
the First Offer Exercise Notice to Landlord within five (5) Business Days of delivery of such First Offer Notice (which procedure shall be repeated until Landlord enters into a lease or lease amendment with respect to such First Offer Space
which does not require Landlord to deliver another First Offer Notice to Tenant pursuant to the terms of this paragraph or Tenant exercises such Right of First Offer, as applicable). 

6.3.    First Offer Rent. The annual Rent payable by Tenant for the Offer Space leased by Tenant (the
“First Offer Rent”) shall be equal to one hundred percent (100%) of the annual Fair Market Rent of the Offer Space as of the First Offer Commencement Date. 

6.4.    Construction in Offer Space. Subject to any Concessions (as defined in
Section 5.2 above) granted to Tenant in accordance with Section 5.2 above for any particular Offer Space, Tenant shall accept the Offer Space in its “as is” condition, and the
construction of improvements in the Offer Space shall comply with the terms of Article 9 of the Office Lease. 

6.5.    Amendment to Lease. If Tenant timely exercises the Right of First Offer as set forth herein, then, within
thirty (30) days thereafter, Landlord and Tenant shall execute an amendment to this Lease for such Offer Space upon the terms and conditions as set forth in the First Offer Notice and this Section 6; provided, however,
an otherwise valid exercise of Tenant’s Right of First Offer shall be fully effective whether or not a lease amendment is executed. Tenant shall commence payment of Rent for such Offer Space, and the term of such Offer Space (the “First
Offer Term”) shall commence, upon such commencement date (the “First Offer Commencement Date”) as is set forth in the First Offer Notice or as determined pursuant to the terms hereof. Except as set forth in
Section 6.6, below, the First Offer Term shall expire coterminously with the New Premises Term (as may be extended by Tenant in accordance with the Lease). 

6.6.    Termination of Right of First Offer. The rights contained in this Section 6 shall be personal
to the Original Tenant and a Permitted Assignee, as the case may be, and may only be exercised by the Original Tenant or a Permitted Assignee, as the case may be (and not any other assignee, or any sublessee or transferee of the Original
Tenant’s interest in the Lease, as amended) if the Lease then remains in full force and effect and the Original Tenant or a Permitted Assignee, as the case may be, is in occupancy of the entire Premises. In the event that Landlord delivers a
First Offer Notice to Tenant the date that is three (3) years prior to the expiration of the New Premises, then, notwithstanding any provision to the contrary set forth herein, the First Offer Term shall expire as of the expiration date set
forth in the First Offer Notice (and not coterminously with the New Premises Term). Tenant shall have the right to lease any Offer Space as provided in this Section 6, only if, as of the date of the attempted exercise of any Right of
First Offer by Tenant, or, at Landlord’s option, as of the scheduled date of delivery of such Offer Space to Tenant, no event of default shall be continuing hereunder and not more than one (1) event of default, beyond any applicable notice
and cure period, shall have occurred during the New Premises Term. 

  
 9 

 7.        Security Deposit. Landlord and
Tenant acknowledge that, in accordance with the terms of the Lease, Tenant has previously delivered the sum of $9,000.00 (the “Security Deposit”) to Landlord as security for the faithful performance by Tenant of the terms, covenants
and conditions of the Lease. On or before August 15, 2018, Tenant shall deposit with Landlord an amount equal to $66,000.00 to be held by Landlord as a part of the Security Deposit. Accordingly, upon the deposit, notwithstanding anything in the
Lease to the contrary, the Security Deposit held by Landlord pursuant to the Lease, as amended hereby, shall equal $75,000.00. Tenant hereby acknowledges and agrees that, effective as of the date hereof, the terms of this
Section 7 shall apply with respect to the Security Deposit. If Tenant defaults with respect to any provisions of the Lease, as amended, including, but not limited to, the provisions relating to the payment of Rent, the
removal of property and the repair of resultant damage, Landlord may, without notice to Tenant, but shall not be required to apply all or any part of the Security Deposit for the payment of any Rent or any other sum in default, and Tenant shall,
within 10 days following written demand therefor, restore the Security Deposit to its original amount. Any unapplied portion of the Security Deposit shall be returned to Tenant, or, at Landlord’s option, to the last assignee of Tenant’s
interest hereunder, within sixty (60) days following the expiration of the Lease Term. Tenant shall not be entitled to any interest on the Security Deposit. Tenant hereby waives the provisions of Section 1950.7 of the California Civil
Code, or any successor statute, and all other provisions of law, now or hereafter in effect, which (i) establish the time frame by which a landlord must refund a security deposit under a lease, and/or (ii) provide that a landlord may claim
from a security deposit only those sums reasonably necessary to remedy defaults in the payment of rent, to repair damage caused by a tenant or to clean the premises, it being agreed that Landlord may, in addition, claim those sums specified in this
Section 7 and/or those sums reasonably necessary to compensate Landlord for any loss or damage caused by Tenant’s default of the Lease, as amended, including, but not limited to, all damages or rent due upon termination of Lease pursuant
to Section 1951.2 of the California Civil Code. 
 8.        California Accessibility
Disclosure. For purposes of Section 1938 of the California Civil Code, Landlord hereby discloses to Tenant, and Tenant hereby acknowledges that the Common Areas and the Premises have not undergone inspection by a Certified Access Specialist
(CASp). As required by Section 1938(e) of the California Civil Code, Landlord hereby states as follows: “A Certified Access Specialist (CASp) can inspect the subject premises and determine whether the subject premises comply with all of
the applicable construction-related accessibility standards under state law. Although state law does not require a CASp inspection of the subject premises, the commercial property owner or lessor may not prohibit the lessee or tenant from obtaining
a CASp inspection of the subject premises for the occupancy or potential occupancy of the lessee or tenant, if requested by the lessee or tenant. The parties shall mutually agree on the arrangements for the time and manner of the CASp inspection,
the payment of the fee for the CASp inspection, and the cost of making any repairs necessary to correct violations of construction-related accessibility standards within the premises.” In furtherance of the foregoing, Landlord and Tenant hereby
agree as follows: (a) any CASp inspection requested by Tenant shall be conducted, at Tenant’s sole cost and expense, by a CASp approved in advance by Landlord; and (b) pursuant to Section 17 of the Office
Lease, Tenant, at its cost, is responsible for making any repairs within the Premises to correct violations of construction-related accessibility standards if a CASP inspection requested by Tenant discloses any such violations. 

  
 10 

 9.        Brokers. Landlord and Tenant hereby
warrant to each other that they have had no dealings with any real estate broker or agent in connection with the negotiation of this Twelfth Amendment other than Cushman & Wakefield, Jones Lang LaSalle and Newmark Cornish & Carey
(collectively, the “Brokers”), and that they know of no other real estate broker or agent who is entitled to a commission in connection with this Twelfth Amendment. Each party agrees to indemnify and defend the other
party against and hold the other party harmless from any and all claims, demands, losses, liabilities, lawsuits, judgments, and costs and expenses (including, without limitation, reasonable attorneys’ fees) with respect to any leasing
commission or equivalent compensation alleged to be owing on account of the indemnifying party’s dealings with any real estate broker or agent, other than the Brokers, occurring by, through, or under the indemnifying party. The terms of this
Section 9 shall survive the expiration or earlier termination of this Twelfth Amendment. 

10.        No Other Modifications. Except as otherwise provided herein, all other terms and
provisions of the Lease shall remain in full force and effect, unmodified by this Twelfth Amendment. 

11.        Counterparts. This Twelfth Amendment may be executed in any number of original
counterparts. Any such counterpart, when executed, shall constitute an original of this Twelfth Amendment, and all such counterparts together shall constitute one and the same Twelfth Amendment. 

12.        Conflict. In the event of any conflict between the Lease and this Twelfth Amendment,
this Twelfth Amendment shall prevail. 
 [signatures appear on following page] 

 

  
 11 

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

									
	“LANDLORD”	 		  	 BCSP CROSSROADS PROPERTY LLC,
 a
Delaware limited liability company

				
		 		  	By:	 	 /s/ William McClure Kelly

		 		  		 	Name:	 	William McClure Kelly
		 		  		 	Title:	 	Senior Managing Director
				
		 		  		 	Date: June 28, 2018
		 		  		 	The date of this Twelfth Amendment shall be and remain as set in the introductory paragraph on page 1 of this Twelfth Amendment. The date below the Landlord’s signature is merely intended to reflect the date of
Landlord’s execution of this Twelfth Amendment.
			
	“TENANT”	 		  	 SONIM TECHNOLOGIES, INC.,
 a
Delaware corporation

				
		 		  	By:	 	 /s/ Taruna Punj

		 		  	Name:	 	Taruna Punj
		 		  	Title:	 	Controller

  
 12 

 EXHIBIT A 

OUTLINE OF NEW PREMISES 
  

 
 

 

  
 EXHIBIT A 

1 

 EXHIBIT B 

WORK LETTER 
 This
Work Letter shall set forth the terms and conditions relating to the construction of the tenant improvements in the New Premises. 

SECTION 1 
 CONSTRUCTION
OF THE TENANT IMPROVEMENTS 
 1.1    In General. Landlord shall construct the improvements in the Premises
(the “Tenant Improvements”) pursuant to those certain construction drawings, prepared by Revel Architecture & Design, job number PBC1825.1801.00 (collectively, the “Approved Working Drawings”). Landlord
shall cause the Approved Working Drawing to be submitted to the applicable local governmental agency for all applicable building permits necessary to allow the Contractor (as defined below), to commence and fully complete the construction of the
Tenant Improvements. Landlord shall cause the Contractor to construct the Tenant Improvements in the New Premises pursuant to the Approved Working Drawings. No changes to the Approved Working Drawings may be made without the prior written consent of
Landlord, which consent may be withheld in Landlord’s sole discretion if such change or modification would directly or indirectly delay the Substantial Completion (as that term is defined in Section 5.1 of this Tenant Work Letter) of the
New Premises. In the event that Tenant requests any changes to the Approved Working Drawings that increases the cost of designing or constructing the Tenant Improvements, then any such changes shall be subject to Landlord’s reasonable approval,
provided that Tenant shall be liable for any such increase in costs in excess of the Tenant Improvement Allowance (defined in Section 2.1, below). 

1.2    Contractor. A general contractor under the supervision of and selected by Landlord shall construct the
Tenant Improvements (the “Contractor”) pursuant to a guaranteed maximum price contract, and Landlord shall cause the Contractor to construct the Tenant Improvements in good and workmanlike manner, in compliance with all applicable
laws and in conformance with the Approved Working Drawings. 
 SECTION 2 

TENANT IMPROVEMENT ALLOWANCE 

2.1    Tenant Improvement Allowance. Landlord has allocated an amount not to exceed $765,856.00 (i.e., $91.00 per
rentable square foot of New Premises) (the “Tenant Improvement Allowance”) for the construction of the Tenant Improvements. In the event that all costs associated with the design and construction of the Tenant Improvements,
including the Landlord Coordination Fee (defined below), exceeds the Tenant Improvement Allowance, the amount of such excess (the “Over-Allowance Amount”) shall be paid by Tenant to Landlord within forty- five (45) days
following delivery of an invoice by Landlord. For purposes of this Twelfth Amendment, the “Landlord Coordination Fee” shall equal the product of (i) three percent (3%) and (ii) an amount equal to the Tenant Improvement
Allowance. 

  
 EXHIBIT B 

1 

 2.2    Cost Proposal. Landlord shall provide Tenant with a cost
proposal in accordance with the Approved Working Drawings, which cost proposal shall include, as nearly as possible, the cost of the Tenant Improvements (the “Cost Proposal”). Tenant shall either (i) approve the Cost Proposal
within two (2) Business Days of the receipt of the same, or (ii) deliver notice of Tenant’s election to modify the Approved Working Drawings in order to reduce the cost of the Tenant Improvements. Tenant hereby acknowledges and agrees
that Tenant shall only have the right to modify the Approved Working Drawings if the Cost Proposal exceeds $90.00 per rentable square foot of the New Premises. In the event that Tenant shall fail to timely deliver its election under item (i) or
item (ii), above, the same shall be deemed to be a Tenant Delay for purposes of this Tenant Work Letter until such time as Tenant shall make its election pursuant to the terms hereof. In the event that Tenant shall elect item (ii), above, then
(a) Landlord and Tenant shall diligently cooperate on a commercially reasonable basis to effectuate Tenant’s desires changes (all of which shall be subject to Landlord’s approval, which shall not be unreasonably withheld), and
(b) any delays resulting from Tenant’s delay in delivering the notice under item (ii) (commencing upon the expiration of the 2-Business Day period) shall be deemed to be a Tenant Delay for purposes
of this Tenant Work Letter. Subject to the terms of the foregoing sentence, upon receipt of Tenant’s approval of the Cost Proposal by Landlord, Landlord shall be released by Tenant to purchase the items set forth in the Cost Proposal and to
promptly commence the construction relating to such items. 
 2.3    Unused Tenant Improvement Allowance. Subject
to the terms hereof, provided that Tenant is not in default of the Lease, as amended, beyond any applicable notice and cure periods, upon notice from Tenant to Landlord, Tenant shall be entitled to utilize up to $84,160.00 (i.e., $10.00 per rentable
square foot of the New Premises) of any unused portion of the Tenant Improvement Allowance for (i) the purchase and installation of furniture, fixtures, and equipment in the New Premises, (ii) the installation of cabling in the New
Premises, and (iii) moving costs incurred in connection with Tenant’s relocation from the Current Premises to the New Premises (the costs incurred under items (i) through (iii) above shall be referred to herein as the
“Reimbursable Items”). In the event that Tenant desires to use any unused Tenant Improvement Allowance for the Reimbursable Items, then Tenant shall submit invoices to Landlord, marked as having been paid, and such other
documentation as may be reasonably required by Landlord, and such expenses shall be reimbursed by Landlord to Tenant within forty-five (45) days after Landlord’s receipt of such invoices and documentation. 

SECTION 3 

CONTRACTOR’S WARRANTIES AND GUARANTIES 

Landlord hereby assigns to Tenant all warranties and guaranties by the Contractor relating to the Tenant Improvements. Landlord covenants to
use commercially reasonable efforts to cause the Contractor to promptly resolve any Punchlist Items (defined below). 

  
 EXHIBIT B 

2 

 SECTION 4 

INTENTIONALLY OMITTED 

SECTION 5 
 COMPLETION
OF THE TENANT IMPROVEMENTS; 
 LEASE COMMENCEMENT DATE 

5.1    Ready for Occupancy. The New Premises shall be deemed “Ready for Occupancy” upon the
Substantial Completion of the New Premises. For purposes of this Twelfth Amendment, “Substantial Completion” of the New Premises shall occur upon the completion of construction of the Tenant Improvements in the New Premises, in good
and workmanlike manner and in compliance with all Applicable laws (including the issuance of a certificate of occupancy or its legal equivalent), pursuant to the Approved Working Drawings (as reasonably determined by Landlord), with the exception of
any minor punch list items which do not impair Tenant’s ability to use the New Premises for Tenant’s intended use (“Punchlist Items”) and any tenant fixtures, work-stations (including any related fixture and/or equipment
electrification), built-in furniture, or equipment (including security and other Tenant systems) to be installed by Tenant or under the supervision of Contractor. 

5.2    Delay of the Substantial Completion of the New Premises. Except as provided in this Section 5.2, the
New Premises Commencement Date shall occur as set forth in this Twelfth Amendment and Section 5.1, above. If there shall be a delay or there are delays in the Substantial Completion of the New Premises or in the occurrence of any of the other
conditions precedent to the New Premises Commencement Date, as set forth in of this Twelfth Amendment, as a direct, indirect, partial, or total result of: 

5.2.1    Tenant’s failure to timely approve any matter requiring Tenant’s approval within the stipulated
required time; 
 5.2.2    A breach by Tenant of the terms of this Tenant Work Letter or the Lease, as amended; 

5.2.3    Tenant’s requirement for materials, components, finishes or improvements which are not available in a
commercially reasonable time given the anticipated date of Substantial Completion of the New Premises, as set forth in this Twelfth Amendment, or which are different from, or not included in, Landlord’s standard improvement package items for
the Building; 
 5.2.4    Changes to the base, shell and core work of the Building required by the Approved Working
Drawings; or 
 5.2.5    Any other acts or omissions of Tenant, or its agents, or employees; 

then (a “Tenant Delay”), notwithstanding anything to the contrary set forth in this Twelfth Amendment or this Tenant Work Letter and regardless of
the actual date of the Substantial Completion of the New Premises, the date of Substantial Completion of the New Premises shall be deemed to be the date the Substantial Completion of the New Premises would have occurred if no Tenant Delays, as set
forth above, had occurred. 

  
 EXHIBIT B 

3 

 Notwithstanding the foregoing, no Tenant Delay shall occur unless and until Landlord has provided written
notice to Tenant (a “Delay Notice”) specifying the action or inaction that Landlord contends constituted a Tenant Delay. If such action or inaction is not cured within one (1) business day after Tenant’s receipt of the
Delay Notice, then a Tenant Delay, as set forth in such notice, shall be deemed to have occurred commencing as of the date such notice is received by Tenant and continuing for the number of days Substantial Completion of the Premises is delayed as a
result of such action or in action; provided, however, that in no event shall Landlord be obligated to deliver more than one (1) Delay Notice, the parties hereby agreeing that a Tenant Delay shall be deemed to have occurred upon the occurrence
of the same (without the requirement for Landlord to deliver a Delay Notice and/or to provide the Tenant cure period provided above) for the second (2nd) and every subsequent Tenant Delay, if applicable. 

SECTION 6 

MISCELLANEOUS 

6.1    Tenant’s Entry Into the New Premises Prior to Substantial Completion. Provided that Tenant and its
agents do not interfere with Contractor’s work in the Building and the New Premises, Contractor shall allow Tenant access to the New Premises at least ten (10) days prior to the Substantial Completion of the New Premises for the purpose of
Tenant moving its personal property and installing equipment or fixtures (including Tenant’s data and telephone equipment) in the New Premises (“Early Access”). Prior to Tenant’s entry into the New Premises as permitted by
the terms of this Section 6.1, Tenant shall submit a schedule to Landlord and Contractor, for their approval (not to be unreasonably withheld, delayed or conditioned), which schedule shall detail the timing and purpose of Tenant’s entry.
Tenant shall hold Landlord harmless from and indemnify, protect and defend Landlord against any loss or damage to the New Premises caused by Tenant’s Early Access. For the avoidance of doubt, Early Access shall not trigger the New Premises
Commencement Date. 
 6.2    Freight Elevators. Landlord shall, consistent with its obligations to other tenants
of the Building, make the freight elevator reasonably available to Tenant in connection with initial decorating, furnishing and moving into the New Premises. 

6.3    Tenant’s Representative. Tenant has designated Joe Hooks as its sole representative with respect to the
matters set forth in this Tenant Work Letter, who, until further notice to Landlord, shall have full authority and responsibility to act on behalf of the Tenant as required in this Tenant Work Letter. 

6.4    Landlord’s Representative. Landlord has designated Michael Pabros as its sole representative with
respect to the matters set forth in this Tenant Work Letter, who, until further notice to Tenant, shall have full authority and responsibility to act on behalf of the Landlord as required in this Tenant Work Letter. 

  
 EXHIBIT B 

4 

 6.5    Tenant’s Agents. All subcontractors, laborers,
materialmen, and suppliers retained directly by Tenant shall all be union labor in compliance with the then existing master labor agreements unless otherwise agreed upon by Landlord. 

6.6    Time of the Essence in This Tenant Work Letter. Unless otherwise indicated, all references herein to a
“number of days” shall mean and refer to calendar days. In all instances where Tenant is required to approve or deliver an item, if no written notice of approval is given or the item is not delivered within the stated time period, at
Landlord’s sole option, at the end of such period the item shall automatically be deemed approved or delivered by Tenant and the next succeeding time period shall commence. 

6.7    Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in the Lease, as
amended, if an event of default as described in the Lease, as amended, or a default by Tenant under this Tenant Work Letter, which remains uncured after the applicable notice and cure period occurs, at any time on or before the Substantial
Completion of the New Premises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, as amended, Landlord shall have the right to cause Contractor to cease the construction of the New Premises (in
which case, Tenant shall be responsible for any delay in the Substantial Completion of the New Premises caused by such work stoppage as set forth in Section 5 of this Tenant Work Letter), and (ii) all other obligations
of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease. 

6.8    Cooperation by Tenant. Tenant acknowledges that the timing of the completion of the Approved Working
Drawings and the Tenant Improvements is of the utmost importance to Landlord. Accordingly, Tenant hereby agrees to fully and diligently cooperate with all reasonable requests by Landlord in connection with or related to the design and construction
of the Tenant Improvements, and in connection therewith, shall respond to Landlord’s requests for information and/or approvals, except as specifically set forth herein to the contrary, within two (2) business days following request by
Landlord. 

  
 EXHIBIT B 

5 

 EXHIBIT C 

LIST OF SUPERIOR RIGHT HOLDERS 
  

	1.	 Suite 720, Arbor Advisors, LLC a California Limited Liability Company 

 

	2.	 Suite 760, Japanese Chamber of Commerce of Northern California, a California
Non-Profit Corporation 

  
 EXHIBIT C 

1EX-10.11

 Exhibit 10.11 

CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE
INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY DISCLOSED. 

EXECUTION VERSION 

AMENDED AND RESTATED GLOBAL PATENT LICENSE AGREEMENT 

This Global Patent License Agreement is effective as of January 1, 2017 (the “Effective Date”) by and between 

TELEFONAKTIEBOLAGET LM ERICSSON (PUBL), a company duly incorporated and existing under the laws of Sweden, with registration number
556016-0680, having its registered office at SE-164 83 Stockholm, Sweden (hereinafter referred to as “Ericsson”); and 

SONIM TECHNOLOGIES INC., a company duly established under the laws of California with organization number 53556, having its registered
office at 1875 S. Grant Street, Suite 750, San Mateo, CA 94402 USA (hereinafter referred to as “Company”). 
 WHEREAS,
Ericsson owns patents that are essential and necessary to make, use and sell products, which comply with any one or more of the standards based on 2G, 3G, 4G and 5G; and 

WHEREAS, Company makes and/or Sells products that are compliant with such standards; and 

WHEREAS, therefore, Company desires to acquire a non-exclusive license to such patents from Ericsson.

 WHEREAS, the Parties have signed a Global Patent License Agreement effective as of January 1, 2017 (the “Original GPLA”).

 WHEREAS, Article 15.3 of the Original Agreement contemplates that the Original Agreement may be amended or supplemented in a written
agreement such as this Agreement; and 
 WHEREAS, the Parties desire to amend and restate the Original Agreement to read in its entirety as
set forth in this Agreement. 
 NOW, THEREFORE, in consideration of the promises and mutual covenants contained herein, receipt of which is
hereby acknowledged, Ericsson and Company hereby agree as follows: 

 EXECUTION VERSION 

 

	1	 DEFINITIONS 

For the purpose of this Agreement, capitalized terms used in this Agreement, whether in singular or in plural and not otherwise defined in this
Agreement shall have the following meanings. 
  

	1.1	 “Affiliate” of a party shall mean an Entity that, during the Licensed Period, controls, is controlled
by, or is under common control with such party, but any such Entity shall be deemed to be an Affiliate only as long as such control exists, and for the purposes of this definition, “control” shall mean direct or indirect ownership or
control of more than fifty percent (50%) of the Voting Power or, if the Entity in question does not have outstanding voting shares or securities, more than fifty percent (50%) of the equity interest in such Entity. 

 

	1.2	 “Agreement” shall mean this Global Patent License Agreement including its appendices.

  

	1.3	 “Brand Company” shall mean a Third Party Entity, including such Entity’s Affiliates, other than
a Network Operator, which is active in the Consumer electronics business and/or wireless communications business and/or IT industry by selling wireless and/or IT products. 

 

	1.4	 “CDMA” shall mean CDMA2000 standard specifications released or published by 3GPP2 and/or relevant
local standardization bodies such as but not limited to ETSI, TIA, T1P1, ARIB, TTC and CCSA, irrespective of the transmission medium, frequency band or duplexing scheme, at the time of the Effective Date, as well as any updates in respect of such
standard specifications during the License Period. However, such updates may not extend to any Future Standards. For the avoidance of any doubt, CDMA does not include 2G, 3G, 4G, 5G, WiMax, WiFi or Future Standards. 

 

	1.5	 “Change of Control” shall mean the occurrence of any of the following events, in one or a series of
related transactions: 

  

	 	(i)	 the direct or indirect acquisition of at least fifty percent (50%) of the voting securities of a Party by a
person or a group of related Entities; 

  

	 	(ii)	 the direct or indirect sale, exchange, lease or other disposition, of all or substantially all of the assets of
a Party and its Affiliates, taken as a whole, to any person or group of related Entities; or 

  

	 	(iii)	 merger, consolidation or other business combination involving a Party in which the voting securities of such
Party owned by the shareholders of such Party immediately prior to such merger or consolidation do not represent more than fifty percent (50) of the total voting power of the surviving entity outstanding immediately after such merger or
consolidation. 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

	1.6	 “Company Products” shall mean Mobile Devices being; 

 

	 	(i)	 branded or co-branded with 

 

	 	(a)	 a brand owned by or licensed to Company and/or its Affiliates; or 

 

	 	(b)	 a brand owned by or licensed to a Network Operator; 

all provided that such Mobile Devices are not branded or co-branded with a brand of a Brand Company
unless such branded or co-branded Mobile Devices are directly Sold to an End User Customer; and 
  

	 	(ii)	 compliant with any or more of the Standards (whether or not enabled); and 

 

	 	(iii)	 not compliant with any Future Standards. 

 

	1.7	 “Components” shall mean any item of equipment, including, for example, a sub-system, sub-assembly or component, in software, hardware and/or firmware form, of any Company Product, which is sold, licensed, or supplied, or intended to be sold,
licensed, or supplied to a Third Party other than as a complete and ready to use end-use item, for example, because it requires additional industrial, manufacturing or assembly processes before being used or
sold as an end-use item, and is intended for incorporation into any product. Examples of Components include, but are by no means limited to, platforms, ASICs and chipsets, modules, printed circuit boards,
integrated circuits, semiconductor devices, processors, multi-core processors, multi-chip modules, and multi-chip packages, embedded modules and core engines. This definition of “Components” shall exclude any product employed for the
purpose of repair of already sold products which are licensed under this Agreement. 

  

	1.8	 “Consumer” shall mean a natural person who buys products or uses services as a final user.

  

	1.9	 “Defaulting Party” shall have the meaning set out in Article 7.2 below. 

 

	1.10	 “End User Customer” shall mean a natural person or Entity who buys products as a final user.

  

	1.11	 “Entity” shall mean any firm, company, corporation or other body corporate or legal entity (wherever
and however incorporated or established), government, state, agency or agency of a state, local or municipal authority or government body or any joint venture, association or partnership (whether or not having a separate legal personality).

  

	1.12	 “Future Standards” shall mean 6G as well as any updates of 5G that significantly change the character
of 5G. For the avoidance of any doubt, Future Standards does not include 2G, 3G, 4G, 5G, CDMA, WiMax, or WiFi. 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

	1.13	 “Have Copied” shall, with respect to the license granted under this Agreement in relation to software
being licensed, mean having such software copied and used by a customer (being a Network Operator only) of Ericsson or its Affiliates. Such copy by a customer shall be made pursuant to and in accordance with the terms of a software license agreement
entered into between such customer and Ericsson or its Affiliates. In no event shall a Have Copied right granted be interpreted to include a right for such customer to re-sell such software to any third
parties or to grant a patent sublicense to any third parties. 

  

	1.14	 “Have Made” shall mean the rights to Have Made with Outsourced Design and to Have Made with Party
Design. 

  

	1.15	 “Have Made with Outsourced Design” shall mean the right to have a Third Party make a product for the
use and benefit of the Party, or its Affiliates, exercising the have made right, provided such Third Party is not allowed to sell such product to other Third Parties. 

 

	1.16	 “Have Made with Party Design” shall mean the right to have a Third Party make a product for the use
and benefit of the Party, or its Affiliates, exercising the have made right, provided all of the following conditions are fulfilled: 

  

	 	(i)	 the Party, including its Affiliates, exercising the have made right owns and supplies the designs,
specifications and working drawings supplied to such Third Party; and 

  

	 	(ii)	 such designs, specifications and working drawings are, complete and sufficient so that no substantial
additional design, specification and working drawings are needed by any Third Party; and, 

  

	 	(iii)	 such Third Party is not allowed to sell such product to other Third Parties. 

 

	1.17	 “Knocked Down Products” shall mean a knocked down or semi-knocked down kit of parts of an applicable
Company Product, which kit includes all parts necessary to assemble a complete and ready to use Company Product. 

  

	1.18	 “Licensed Patents” shall mean those Patents (in any country of the world) as to which it is not
possible on technical grounds taking into account normal technical practice and the state of the art generally available at the time of adoption or publication of the relevant Standards, to make, sell, offer for sale, lease or otherwise dispose of
and import, repair, use or operate equipment or methods which comply with the relevant Standards, without infringing such Patents. 

  

	1.19	 “License Period” shall mean the period commencing on the Effective Date and having duration through
the expiration of the last one of the Licensed Patents, however, not exceeding a period of seven (7) years calculated from the Effective Date. 

  

	1.20	 “Mobile Device” shall mean a complete and ready to use device, which can be directly used by a
Consumer for wireless communications (i.e. to receive and transmit information over the air by means of using any or more of the Standards), without the device having to be integrated or embedded into another device or

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

	 	
connected to another device through for example a USB, memory card, WLAN or Bluetooth interface. For the avoidance of all doubts, the term “Mobile Device” includes Knocked Down Products
of a Mobile Device but does not include subassemblies or parts of products such as, but not limited to Components, other than as sold as part of the Mobile Device or as spare parts or repair parts of already Sold Mobile Devices. 

 

	1.21	 “Network Operator” shall mean an Entity, including such Entity’s Affiliates, that as its main
business (i) owns or licenses frequency spectrum, directly or indirectly, from a government or other relevant authority or Entity, and offers wireless data- or telecommunications services to Consumers over such owned or licensed spectrum;
and/or (ii) offers wired data- or telecommunications services to Consumers. 

  

	1.22	 “Party/Parties” shall mean Ericsson and Company as applicable. 

 

	1.23	 “Patents” shall mean patent claims (including claims of licensable patent applications), and like
statutory rights other than design patents, (i) owned by a Party and/or its Affiliates; or (ii) sub-licensable by a Party and/or its Affiliates without resulting in a binding obligation by such Party
or its Affiliates to pay incremental royalties or other incremental consideration to a Third Party unless the other Party agrees to pay, and pays, such royalties or other consideration; at any time from the date of the latest signature of this
Agreement until the expiration or termination of this Agreement. 

  

	1.24	 “Sale”, “Sell” or “Sold” or any similar term shall mean the delivery of Company
Products in any country of the world to a Third Party regardless of the basis for compensation, if any, including lease, rent or similar transaction, whether as an individual item or as a component or constituent of other products, or the putting
into use of the Company Products by Company and/or its Affiliates for any purpose other than routine testing thereof—with a Sale being deemed to have occurred upon shipment or invoicing or such putting into use, whichever shall first occur.

  

	1.25	 “Standards” shall mean 2G, 3G, 4G, and 5G. 

 

	1.26	 “Third Party/Third Parties” shall mean any Entity that is not a Party or an Affiliate of a Party.

  

	1.27	 “Third Party Licensee” shall mean, as determined separately for each Mobile Device, a Third Party,
other than a Network Operator, that is licensed by Ericsson under any Ericsson Licensed Patent applicable to such product to make, have made, use, offer to sell, sell or otherwise dispose or import such product that comply with any or all of the
Standards as such product that Company or its Affiliates are selling or otherwise disposing of to such Third Party. 

  

	1.28	 “Voting Power” shall mean the right to exercise voting power with respect to the election of
directors or similar managing authority of an Entity (whether through direct or indirect beneficial ownership of shares or securities of such Entity or otherwise). 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

	1.29	 “WiFi” shall mean the 802.11 standard specifications released or published by IEEE, irrespective of
the transmission medium, frequency band or duplexing scheme, at the time of the Effective Date, as well as any updates in respect of such standard specifications during the License Period. However, such updates may not extend to any Future
Standards. For the avoidance of any doubt, WiFi does not include 2G, 3G, 4G, 5G, CDMA, WiMax or Future Standards. 

  

	1.30	 “WiMax” shall mean the 802.16 standard specifications released or published by IEEE, irrespective of
the transmission medium, frequency band or duplexing scheme, at the time of the Effective Date, as well as any updates in respect of such standard specifications during the License Period. However, such updates may not extend to any Future
Standards. For the avoidance of any doubt, WiMax does not include 2G, 3G, 4G, 5G, CDMA, WiFi or Future Standards. 

  

	1.31	 “2G” shall mean Global System for Mobile Communications (GSM) and Generalized Packet Radio System
(GPRS) including Enhanced GPRS (E-GPRS or “EDGE”) standard specifications released or published by 3GPP and/or relevant local standardization bodies such as ETSI, TIA, T1P1, ARIB, TTC and CCSA,
irrespective of the transmission medium, frequency band or duplexing scheme, at the time of the Effective Date as well as updates in respect of such standard specifications during the License Period. However, such updates may not extend to any
Future Standards. For the avoidance of any doubt, 2G (i) does include standard specifications required for GERAN based systems; and (ii) does not include 3G, 4G, 5G, CDMA, WiMax, WiFi or Future Standards. 

 

	1.32	 “3G” shall mean UTRA (FDD mode (including but not limited to WCDMA) and TDD mode (including but not
limited to TD-SCDMA)), including HSPA and UMTS core network standard specifications released or published by 3GPP and/or relevant local standardization bodies such as ETSI, TIA, T1P1, ARIB, TTC and CCSA,
irrespective of the transmission medium, frequency band or duplexing scheme, at the time of the Effective Date, as well as any updates in respect of such standard specifications during the License Period. However, such updates may not extend to any
Future Standards. For the avoidance of any doubt, 3G (i) does include standard specifications required for UTRAN based systems; and (ii) does not include 2G, 4G, 5G, CDMA, WiMax, WiFi or Future Standards. 

 

	1.33	 “4G” shall mean E-UTRA (FDD mode and TDD mode (including but
not limited to LTE, TD-LTE and LTE-SAE)) standard specifications released or published by 3GPP and/or relevant local standardization bodies such as but not limited to
ETSI, TIA, T1P1, ARIB, TTC and CCSA, irrespective of the transmission medium, frequency band or duplexing scheme, at the time of the Effective Date, as well as any updates and enhancements in respect of such standard specifications during the
License Period. However, such updates may not extend to any Future Standards. For the avoidance of any doubt, 4G (i) does include standard specifications required for E-UTRAN based systems; and
(ii) does not include 2G, 3G, 5G, CDMA, WiMax, WiFi or Future Standards. 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

	1.34	 “5G” shall mean any 5G RAN based cellular telecommunication system standard specification released or
published by 3GPP, beginning with Release 15 and including any 38 series specification required for the implementation of the new radio interface, whether promulgated by government, industry-wide or other regulatory authorities that specifies the
technical and other requirements for conformity and compliance with cellular telecommunications systems. For the avoidance of doubt, 5G excludes 2G, 3G, 4G, CDMA, WiMax, WiFi standards, other prior cellular telecommunications system standards, and
any Future Standards. 

  

	2	 LICENSE GRANT BY ERICSSON 

 

	2.1	 License Grant. Subject to that Company and its Affiliates are at all times in compliance with the terms
and conditions of this Agreement, Ericsson hereby grants to Company a world-wide, non-transferable and non-exclusive license under Ericsson’s Licensed Patents
during the License Period to: 

  

	 	(i)	 make, Have Made, use, and import Company Products; 

 

	 	(ii)	 Sell and offer for Sale Company Products, excluding such Company Products that are Knocked Down Products; and

  

	 	(iii)	 Sell and offer to Sell Company Products being Knocked Down Products but only if such Knocked Down Products are
Sold: (a) for the purpose of being assembled to a complete and ready to use Company Product; and (b) directly to an Entity being a Network Operator, End User Customer, all provided such Entity not being a Brand Company.

 Notwithstanding anything to the contrary, the rights provided under this Article 2.1 do not include any rights or
licenses under Ericsson’s Licensed Patents: 
  

	 	(iv)	 to Sell and offer to Sell Company Products or Knocked Down Products to Third Party Licensees;

  

	 	(v)	 to Sell and offer to Sell Components; or 

 

	 	(vi)	 other than for the portion and functionality of the Company Product making the Company Product compliant with
any or more of the Standards even if any Ericsson Licensed Patent also applies to another standard or applies to any other portion or functionality of the Company Product; or 

 

	 	(vii)	 for the portion of the Company Product licensed or distributed under GPLv3. 

The license granted hereunder further includes the right to make, use and import solely by Company (but not to sell, offer for sale, lease or
rent or otherwise dispose of to Third Parties) manufacturing and testing equipment compliant with the Standards for the testing, developing and manufacturing of Company Products. 

For the avoidance of doubt, no license is granted under this Article 2.1 for CDMA, WiFi, WiMax, Future Standards or any other standard, except
the Standards. 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

	2.2	 Sublicense. Company shall have the right to grant sublicenses of the rights set forth in Article 2.1
above to all Affiliates of Company Selling Company Products. Company shall procure that such Affiliates shall be bound in all respects to all of the obligations contained in this Agreement, including but not limited to, the payment of royalties as
set forth in Article 6 below. Company shall be liable for the payment of royalties as set forth in Article 6 below attributed to all Affiliates whether sublicensed by Company or not, which shall be effectuated by Company directly. Any sublicense
granted to an Affiliate in accordance with this Article 2.2 shall terminate if such Affiliate ceases to be an Affiliate of Company. 

  

	2.3	 No Implied License. All rights not expressly granted by Ericsson are hereby expressly reserved.

  

	2.4	 No Rights to Provide Foundry Services or Patent Laundry Services. For the avoidance of all doubts,
nothing under this Agreement shall mean that Ericsson is granting a license or a right to sublicense under any Licensed Patents to Company or its Affiliates for providing so called “foundry services” or “patent laundry services”
to Third Parties, such as, but not limited to, Company or its Affiliates selling products based upon Third Party made or owned design or under a Third Party brand when the product is thereafter sold to or directly on behalf of such same Third Party.

  

	3	 LICENSE GRANT-BACK 

  

	3.1	 License Grant-Back. Company hereby grants to Ericsson a world-wide,
non-transferable and non-exclusive license under any Company’s Licensed Patents during the License Period to make, Have Made, Have Copied, use, operate, repair,
sell, offer for sale, lease or otherwise dispose of and import products and services compliant with any or more of the applicable Standards. 

The license granted hereunder further includes the right to make, use and import solely by Ericsson (but not to sell, lease or otherwise
dispose of to Third Parties) manufacturing and testing equipment compliant with the Standards for the testing, developing and manufacturing of Ericsson products. 
  

	3.2	 Right to Sublicense. Ericsson shall have the right to grant sublicenses of the rights set forth in
Article 3.1 above only to Affiliates of Ericsson. Any sublicensed Affiliate shall agree to be bound in all respects to all of the obligations contained in this Agreement. Any sublicense granted hereunder shall terminate if an Affiliate ceases to be
an Affiliate of Ericsson. 

  

	3.3	 Non-Assertion by Company. Company (including its Affiliates)
shall not make, and shall not have any Third Party make, any claims under its Licensed Patents against Ericsson or its Affiliates, or Ericsson’s or its Affiliate’s customers, for direct infringement, inducement to infringe and/or
contributory infringement relating to any products (hardware and software) or services produced by a Third Party based upon the technical specification of Ericsson or its Affiliates. 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

	4	 LIMITATIONS ON LICENSE GRANTS 

 

	4.1	 Jointly Owned Patents. With respect to Licensed Patents which are owned by a Party jointly with others,
the Parties recognize that there are countries which require the express consent of all inventors or their assignees to the grant of licenses or rights under patents issued in such countries for such jointly owned inventions. Each Party hereby
expressly gives such consent from its Affiliates and shall use all reasonable efforts to obtain such consent from its employees and its Affiliates’ employees, and from other Third Parties, as required to make full and effective any such
licenses and rights granted. 

 If, in spite of such efforts, a Party is unable to obtain such consents from any such
employees or Third Parties, the resulting inability of such Party to make full and effective its purported grant of such licenses and rights shall not be considered to be a breach of this Agreement. For the avoidance of doubt, in such a case, the
licenses and rights shall be considered granted by each Party to the maximum extent possible, and, consequently, if the other Party acquires a corresponding license from the employee or Third Party, such other Party shall be deemed licensed under
the patent. 
  

	4.2	 No Rights Against Infringers. There may be countries in which a Party may have, as a consequence of this
Agreement, rights against infringers of the other Party’s Patents licensed hereunder. Each Party hereby waives any such right it may have by reason of any Third Party’s infringement of any such Patents. 

 

	5	 KNOW-HOW AND TRADE SECRETS 

 

	5.1	 No license or other right is granted herein to either Party, directly or by implication, estoppel or otherwise,
with respect to any trade secrets or know-how, and no such license or other right shall arise from the consummation of this Agreement or from any acts, statements or dealings leading to such consummation.
Except as specifically provided herein, neither Party is required hereunder to furnish or disclose to the other Party any technical or other information. 

  

	6	 PAYMENTS, REPORTS AND AUDITS 

 

	6.1	 Royalties. 

(A) Company, on behalf of itself and its Affiliates, hereby agrees to pay Ericsson: 

[***] 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

 [***] 

Royalties for Company Products Sold compliant with the Standards: 

[***] 
 Notwithstanding Article
6.1(A)(b)(iii) above, if Company buys the entire 3G functionality (hardware, firmware and software) from a Third Party that is licensed by Ericsson and Company can evidence to Ericsson that such Third Party is licensed by Ericsson to sell such 3G
functionality with the right to pass-on, exhausting the Ericsson Licensed Patents necessary to make, use, sell, offer for sale and import products that comply with 3G functionality, and provided that Company
therefore agrees to not be licensed by Ericsson under such Ericsson Licensed Patents, Company shall for each Company Product Sold that contains such 3G functionality but is not compliant with 4G or 5G, pay: 

[***] 
 (B) The license to
Ericsson shall be fully paid up and not subject to any payment. 
  

	6.2	 Reports. Company shall, on behalf of itself and its Affiliates, make written reports to Ericsson for the
period [***] during the License Period (each a “Reported Period”). Company warrants that each such royalty report shall be signed by a person duly authorized by Company and be provided to Ericsson no [***]. Each royalty report is to
include, the number and other information for each type of Company Product Sold or otherwise disposed of during the preceding Reported Period with the applicable royalty rate as outlined in Article 6.1 above. The royalty report shall be at least as
detailed as specified in Appendix 1. In addition to the written report, Company shall via email send Ericsson such report in Excel-format (xls format). 

The first royalty report shall include all such Company Products Sold or otherwise disposed of between [***]. 

In the event that no Company Product was Sold or otherwise disposed of during a Reported Period, Company shall so report. 

 

	6.3	 Payments. Company shall, on behalf of itself and its Affiliates, pay to Ericsson (i) [***] and
(ii) the royalty as specified for in Article 6.1(A)(b) will be due and payable [***] for Company Products Sold during the preceding Reported Period. The payment to Ericsson shall be made to the Ericsson wholly owned Affiliate Ericsson AB by
wire transfer to the Ericsson bank account as specified in Appendix 2. Such payment to Ericsson AB shall be regarded as fulfillment of Company’s payment obligations under the Agreement for the relevant Reported Period. 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

	6.4	 Records and Audits. 

 

	6.4.1	 Company agrees to keep, and procure that its Affiliates keep, all records and accounts showing (i) the
sales or other disposition (including lease, rent or similar transaction regardless of the basis for compensation, if any, as well as putting into use) of products sold or otherwise disposed of; and (ii) procurement, manufacturing, inventory
and shipping reports; in sufficient detail to enable the royalties payable by Company, on behalf of itself and its Affiliates, to Ericsson to be determined. Company shall preserve and maintain all such records and accounts required for audit for a
period of [***] after the calendar quarter for which the records and accounts apply. Company further agrees to permit its and its Affiliates records and accounts to be examined from time to time during business hours on business days by an
independent auditor to the extent necessary to verify that reports and payments are sufficiently made in accordance with the Agreement, such examination to be made by an independent auditor appointed by Ericsson. The examinations shall at least
include all records and accounts as may under internationally recognized accounting practices contain information bearing upon the amount of royalties payable in accordance with this Agreement as well as such other records, accounts and other
information that such independent auditing firm may request, all in sufficient details for an independent auditor to be able to complete an audit in accordance with international auditing standards. Company warrants that Company shall make all such
records, accounts and other information requested by the independent auditing firm available to the auditor, in due time to enable the auditor to commence its examination within [***] after Company being notified about the audit.

  

	6.4.2	 If the auditor determines that Company has underpaid the royalty to Ericsson, Company shall pay double such
deficiency amount within [***] after receipt of invoice from Ericsson in liquidated damages. 

  

	6.4.3	 The cost of such audit shall be borne by Ericsson, unless such audit determines that Company has underpaid the
royalties due hereunder by the lesser of [***] in which case, Company shall reimburse Ericsson for the cost of such audit. 

  

	6.4.4	 Ericsson shall credit to Company the amount of any bona fide overpayment of royalties in error and made during
the preceding [***] provided (i) such overpayment has been discovered as part of any audit carried out under this Agreement; or (ii) that such overpayment is identified and fully explained in a written notice from Company to Ericsson and
that Ericsson is able to verify the existence and extent of such overpayment (such verification not to be unreasonably withheld, delayed or conditioned). The foregoing procedure will constitute the sole and exclusive basis for Company to claim
overpayments under this Agreement. Further, any alleged or verified overpaid amount shall not be included in the calculations when determining if Company has underpaid under this Agreement. 

 

	6.4.5	 Company agrees to, prior to the agreed date for the auditor’s visit to Company’s or its
Affiliates’ premises, provide the auditor with its and its Affiliates records and accounts, as requested by the auditor. The auditor shall have the right to analyze and verify such records and accounts at its own premises. For the avoidance of
all doubt, such records and accounts shall be treated as Company confidential information. 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

	6.5	 Late Payments. Company shall be liable for interest on any overdue payment required to be made or
deposited by Company and its Affiliates pursuant to this Article 6 or any other amount due under the Agreement, commencing on the date such payment becomes due until such payment is made in full, at an annual rate of [***]. If such interest rate
exceeds the maximum legal rate in the jurisdiction where a claim therefore is being asserted, the interest shall be reduced to such maximum legal rate. 

Further, in the event any quarterly payment under Article 6.1(A)(a) is overdue by [***], then all remaining payments under Article 6.1(A)(a)
shall automatically become immediately due and payable as of such date. 
  

	6.6	 Taxes. All payments required by this Agreement are exclusive of taxes, customs or any other duties, and
Company agrees to bear and be responsible for the payment of all such taxes, customs or other duties including, but not limited to, all sales, service, use, rental receipt, personal property or other taxes and their equivalents which may be levied
or assessed in connection with this Agreement (excluding only taxes based on Ericsson’s net income). 

 Hence, if in
accordance with present or future laws, Ericsson shall be obliged to pay, or Company obliged to deduct from any payment to Ericsson, any amount with respect to any taxes, customs or any other duties levied, for which Ericsson is responsible, Company
shall increase the payment to Ericsson by an amount to cover such payment by Ericsson or deduction by Company. 
  

	6.7	 [***] confirms that [***]. Should a [***] while giving consideration for the other terms and conditions, [***].
This [***] shall [***]. 

  

	7	 TERM AND TERMINATION 

 

	7.1	 Term. This Agreement shall become effective on the Effective Date hereof and continue until the expiry
of the License Period unless otherwise terminated as permitted herein. The licenses and rights granted herein shall terminate upon expiration of this Agreement. 

 

	7.2	 Termination for Breach. If either Party (hereinafter referred to as the “Defaulting Party”)
shall at any time materially breach any covenant, undertaking or liability contained herein, including but not limited to, providing a materially false report, failing to make any royalty payment or report hereunder in time and/or failing to fully
comply with Article 6.4 above, and shall fail to remedy such breach within [***] days after written notice by the non-defaulting Party specifying such breach, the
non-defaulting Party may, at its option, terminate all licenses and rights granted herein to the Defaulting Party. All licenses and rights granted to the non-defaulting
Party by the Defaulting Party shall survive such termination. 

  

	7.3	 Defensive Termination of Have Made with Outsourced Design Right. If a Third Party manufacturer (acting
as a manufacturer under a Party’s Have Made with Outsourced Design right) of a Party or its Affiliates (the “Exercising Party”) files, or has a Third Party file, an infringement suit on any patents against the products or

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

	 	
services of the other Party or its Affiliates (the “Non-Exercising Party”), then such Non-Exercising
Party may terminate the Have Made with Outsourced Design right granted to the Exercising Party with respect to the products or services of the Exercising Party made by such manufacturer by providing written notice to such manufacturer and to the
Exercising Party (“Have Made Termination Notice”). If the suing manufacturer dismisses the suit no later than [***] after receipt of the Have Made Termination Notice, then the right will be reinstated as if it had never been terminated by
the Non-Exercising Party. If the suit is not dismissed before the end of such period, then the right shall remain terminated with respect to the products and services of the Exercising Party affected hereunder
and made by such manufacturer as of the date of the Have Made Termination Notice. 

  

	7.4	 Change of Control. In the event of a Change of Control in Company, the licenses granted hereunder will
automatically assign to an acquirer who agrees to the terms of this Agreement. If the acquirer does not so agree, Ericsson shall have the right, at Ericsson’s sole and absolute discretion, to terminate all licenses and rights granted to
Company. In the event that Ericsson terminates such licenses and rights, all licenses and rights granted to Ericsson herein shall also terminate. 

  

	7.5	 Final Audit and Final Payment. Any termination or expiration of this Agreement or of the licenses and
rights granted to Company shall not prejudice the right of Ericsson to conduct a final audit of the records and accounts of Company in accordance with the provisions of Article 6 above. Furthermore, upon such expiration or termination, Company shall
duly account to Ericsson for all royalties and other payments within [***] after the date of such expiration or termination. 

  

	7.6	 Surviving Clauses. Provisions contained in this Agreement that are expressed or by their sense and
context are intended to survive the termination of this Agreement shall so survive the termination. 

  

	8	 WARRANTIES AND DISCLAIMERS 

 

	8.1	 Transfer of Licensed Patents. Each Party represents and warrants that it shall not, and that they shall
procure that their Affiliates shall not, (i) transfer or assign, or (ii) otherwise provide any right to assert (including but not limited to by grant of any exclusive right) any of the Licensed Patents, unless (a) such assignment,
transfer or license is made subject to maintenance of the licenses and rights as granted under this Agreement and (b) such assignment, transfer or license requires subsequent assignees to do the same. 

 

	8.2	 Sales Forecast. Company represents and warrants that Appendix 3 sets forth Company’s best
estimate of its unit sales volumes for Company Products in 2019, 2020, and 2021, as well as the average selling price (ASP) for Company Products that Company expects to sell in each of those years. Company understands that Ericsson relied on the
data set forth in Appendix 3 in agreeing to the royalty rates set forth in 6.1(A)(c). 

  
 CERTAIN CONFIDENTIAL INFORMATION
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DISCLOSED. 

 EXECUTION VERSION 

 

	8.3	 Nothing contained in this Agreement shall be construed as: 

 

	 	(i)	 a warranty or representation either expressed or implied that any manufacture, have made, use, importation,
sale or offering for sale will be free from infringement of patents, copyrights or other intellectual property rights of others, and it shall be the sole responsibility of the licensee Party to make such determination as is necessary with respect to
the acquisition of licenses under patents and other intellectual property of third parties; 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

	 	(ii)	 a warranty or representation either expressed or implied by either Party as to the validity, enforceability or
scope of any Licensed Patents licensed herein; 

  

	 	(iii)	 limiting the rights which the Parties have outside the scope of licenses and rights granted hereunder, or
restricting the right of either Party or any of its Affiliates to make, have made, use, operate, repair, sell, offer for sale, lease or otherwise dispose of and import any particular product or products not licensed herein; 

 

	 	(iv)	 an agreement to bring or prosecute actions or suits against third parties for infringement;

  

	 	(v)	 an obligation to furnish any manufacturing or technical information or assistance; 

 

	 	(vi)	 an obligation to file any patent application, or to secure any patent or patent rights, or to maintain any
patent in force, or to provide copies of patent applications to the other Party or its Affiliates, or to disclose any inventions described or claimed in such patent applications; 

 

	 	(vii)	 conferring any right to use, in advertising, publicity or otherwise, any name, trade name, trademark, or any
contraction, abbreviation or simulation thereof; and 

  

	 	(viii)	 an obligation upon either Party to make any determination as to the applicability, suitability, usefulness or
fitness of any patent to any product, service, invention, technology or process or part thereof of the other Party, its Affiliates or Third Parties. 

  

	8.4	 Save as for Article 8.1-8.2 above, neither Party makes any
representations; extends any warranties of any kind, either express or implied; and assumes no responsibilities whatsoever with respect to the manufacture, having made, use, operation, reparation, sale, offering for sale, lease or other disposition
and importation of any product, service or part thereof, by the other Party or any of its Affiliates or any direct or indirect supplier or vendee or other transferee of the other Party or its Affiliates. 

 

	9	 GOVERNING LAW AND DISPUTES 

 

	9.1	 The validity, performance, construction and interpretation of this Agreement shall be governed by the laws of
Sweden without regard to its conflict of law provisions. 

  

	9.2	 All disputes, differences or questions arising out of or relating to the interpretation or performance of this
Agreement, between the Parties shall be finally settled in New York City, USA, under the Rules of Arbitration of the International Chamber of Commerce, by three (3) arbitrators, appointed in accordance with said Rules. The arbitration
proceedings shall be conducted in the English language. The award shall be final and binding on the Parties and may be entered and enforced in any court having jurisdiction. 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

 The Parties undertake and agree that all arbitral proceedings conducted under this Article 9
as well as any decision or award that is made or declared during the proceedings shall be kept strictly confidential. All information, documentation, materials in whatever form disclosed in the course of such arbitral proceeding shall be used solely
for the purpose of those proceedings. Notwithstanding the foregoing, no Party shall be prevented from disclosing such information in order to safeguard in the best possible way its rights vis-à-vis the other Party in connection with the dispute, or if disclosure is required by law, regulation or stock exchange rules. 

 

	9.3	 Notwithstanding the aforesaid, nothing in this Article 9 shall prevent the Parties from seeking any interim or
final injunctive or equitable relief by a court of competent jurisdiction. 

  

	10	 WAIVER 

  

	10.1	 Neither this Agreement nor any provision hereof may be waived without the prior written consent of the Party
against whom such waiver is asserted. No delay or omission by either Party to exercise or assert any right or power shall impair any such right or power to be construed to be a waiver thereof. Consent by either Party to, or waiver of, a breach by
the other Party shall not constitute consent to, waiver of, or excuse for any other different or subsequent breach. 

  

	11	 ASSIGNMENT 

  

	11.1	 Neither this Agreement nor any license, right nor obligation hereunder, in whole or in part, shall be
assignable or otherwise transferable by Company without the written consent of Ericsson. Any attempt to do so in contravention of this Article 11 shall be void and of no force and effect. 

 

	12	 SEVERABILITY 

  

	12.1	 If any term, clause, provision, or part thereof, of this Agreement is invalidated or unenforceable by operation
of law or otherwise, the Parties shall negotiate in good faith and a timely manner a replacement, but legally valid, term, clause or provision that best meets the intent of the Parties. 

 

	13	 NOTICE 

  

	13.1	 All notices, requests, demands, consents, agreements and other communications required or permitted to be given
or made under this Agreement shall be in writing and in the English language and shall be: (i) delivered personally; (ii) mailed by registered mail; (iii) electronically (of royalty reports only); or (iv) delivered by courier.

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

	13.2	 All such communications shall be addressed as set out below or to such other addresses as may be given by
written notice in accordance with this Article 13. 

  

			
	ERICSSON	  	COMPANY
		
	Ericsson AB	  	Sonim Technologies Inc.
	Att: Chief Intellectual Property Officer	  	Att: CFO, Jim Walker
	Torshamnsgatan 23	  	1875 S. Grant Street, Suite 750, San Mateo
	SE-164 80 Stockholm	  	CA 94402
	Sweden	  	USA
	Royalty reports in .xls format shall be emailed to: [***]	  	

  

	13.3	 Unless otherwise specifically provided for in this Agreement, such communications shall take effect upon
receipt by the addressee, provided such communications shall be deemed to have been duly given or made when and shall be deemed to have been received by a Party: (i) if delivered personally, at delivery; (ii) if mailed by registered mail,
unless actually received earlier, on the expiration of [***] after the date of mailing; or (iii) if delivered by courier, on the date of delivery. If the notifying Party has attempted to send a communication in accordance with at least one of
the options above, without having such communication deemed received by a Party, then such communication will shall be deemed to have been duly given or made [***] after a second communication has been sent via an internationally recognized courier.

 The above addresses and contacts can be changed by providing notice to the other Party in accordance with this Article
13. 
  

	14	 NEITHER PARTY BENEFITS 

 

	14.1	 This Agreement is considered to be jointly drafted and neither Party shall benefit from who actually drafted
the Agreement. 

  

	15	 ENTIRE AGREEMENT, RELEASE AND AMENDMENTS 

 

	15.1	 This Agreement sets forth the entire understanding and agreement between the Parties as to the subject matter
of this Agreement and merges and supersedes all previous communications, negotiations, warranties, representations and agreements, either oral or written, with respect to the subject matter hereof. However, each Party shall continue to keep any
information confidential, disclosed and deemed confidential in accordance with the Non-Disclosure Agreement between the Parties, dated May 20, 2016, including but not limited to any claim charts, in
accordance with the terms thereof. 

  

	15.2	 Each Party, on behalf of itself and its Affiliates, hereby releases and discharges the other Party and each of
its current and former Affiliates, employees, representatives, agents, officers, directors, of and from any and all Claims and causes of actions of every kind and nature whatsoever, arising out of or in 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

 connection with the 2011 GPLA. For purposes of this Article 15.2, “Claims” means
any and all claims, counterclaims, demands, actions, causes of action, and all other claims of every kind and nature in law or equity, arising out of or related to the 2011 GPLA. For the avoidance of doubt, as of the Effective Date of this
Agreement, Company shall have no further payment obligations for royalties payable under the 2011 GPLA. 
  

	15.3	 No amendment or supplement to this Agreement shall be valid or binding on either Party unless made in writing
and duly executed by each of the Parties hereto. 

  

	16	 CONFIDENTIALITY/PUBLICATION OF AGREEMENT 

 

	16.1	 Each Party undertakes to keep strictly confidential all information received or obtained under this Agreement
including but not limited to the contents of this Agreement and any related reports, and not to disclose to any third party any such information, unless such disclosure is required by: (i) law, (ii) regulation, (iii) stock exchange rules,
(iv) court or government ordered mediation (v) necessary for performance of the rights and obligations under this Agreement, however only limited to those terms strictly necessary for performance in each applicable case, or (vi) the
relevant information has been made available to the public by other means than breach of this confidentiality undertaking. 

This Article 16.1 shall for [***], survive the termination or expiry of this Agreement for any reason. 

 

	16.2	 The Parties agree that they may make it publicly known that this Agreement has been entered into by the
Parties, but neither Party shall make any press release relating to this Agreement without first having secured the other Party’s written approval of the content of the press release. Such approval shall not be unreasonably withheld, delayed or
conditioned. 

  

	17	 HEADINGS AND DEFINITIONS 

 

	17.1	 All headings used in this Agreement are inserted for the purpose of convenience only and are not intended to
affect or alter the meaning or interpretation of this Agreement or any clause or provision herein. 

  

	17.2	 For the purpose of the construction and interpretation of this Agreement, the word “including” (and
variations thereof such as “include” and “includes”) and the phrase “such as” will not be deemed to be terms of limitation, but rather will be deemed to be followed by the words “without limitation”. Any
reference to “herein” or “hereunder” in this Agreement, unless stated otherwise, refers to this Agreement. Any reference to “third party” or “third parties” in this Agreement does not mean either Party or its
Affiliates. 

  

	17.3	 References to “Articles” in this Agreement include all subsections thereof (e.g., Article 6 includes
Articles 6.1, 6.2 and 6.3, and Article 6.4 includes Articles 6.4.1 and 6.4.2). 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

	18	 AUTHORITY 

  

	18.1	 Each Party represents and warrants that it has the right to enter into this Agreement on its behalf and on
behalf of its Affiliates. 

  

	18.2	 Each signatory hereto warrants that they have obtained all necessary authorization and consents necessary to
legally bind their respective Parties hereto and that by signing hereto, they create a binding commitment by such Party to the terms hereof. 

  

	19	 COUNTERPARTS AND FACSIMILE. 

 

	19.1	 Each Party will execute and deliver to the other Party a copy of this Agreement bearing its original signature,
however, prior to such execution and delivery, in order to expedite the process of entering into this Agreement, the Parties acknowledge that this Agreement may be executed on facsimile copies or in electronic format via email of a .pdf file, in two
(2) counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same Agreement. 

********************************************************************************************** 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

 IN WITNESS WHEREOF, ERICSSON AND COMPANY HAVE CAUSED THIS AGREEMENT TO BE EXECUTED BY THEIR AUTHORIZED
REPRESENTATIVES AS OF THE DAY AND YEAR WRITTEN BELOW. 
 This Agreement has been duly executed by the Parties hereto in two (2) identical originals of
which the Parties have taken one (1) each. 
  

									
	Telefonaktiebolaget LM Ericsson (publ)	 		 	Sonim Technologies Inc.
					
	By:	 	/s/ Pär Gunnarsson	 		 	By:	 	/s/ Robert Plaschke
		 	Signature	 		 		 	Signature
					
		 	Pär Gunnarsson	 		 		 	Robert Plaschke
		 	Printed Signatory’s Name	 		 		 	Printed Signatory’s Name
					
		 	VP & CSO	 		 		 	CEO
		 	Title	 		 		 	Title
					
		 	December 21, 2018	 		 		 	December 18, 2018
		 	Date	 		 		 	Date
					
	By:	 	/s/ Christina Petersson	 		 	By:	 	/s/ Taruna Punj
		 	Signature	 		 		 	Signature
					
		 	Christina Petersson	 		 		 	Taruna Punj
		 	Printed Signatory’s Name	 		 		 	Printed Signatory’s Name
					
		 	Head of IPR Legal Affairs	 		 		 	Controller
		 	Title	 		 		 	Title
					
		 	December 21, 2018	 		 		 	December 18, 2018
		 	Date	 		 		 	Date

  

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

 APPENDIX 2 

Bank name: [***] 
 Bank address: [***] 

Country: Sweden 
 BIC code: [***] 

Currency: US Dollar 
 IBAN Number: [***] 

Account Number: [***] 

E-mail notification of the payment should be sent to Ericsson: 

[***] 
 Licensing Revenue Manager

 E-mail: [***] 

Please include following information: 
 Invoice
number paid 
 Payment Date 

Invoiced Amount 
 Paid Amount 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

 APPENDIX 1 

Company Name: 
 Company VAT No.: 

Legal address: 
 Phone: 

Fax: 
 E-mail: 

Contact person: 
 Currency (to pay): 

 

																																									
	 	  	Customer
name	 	  	Product type,
model name
and number	 	  	Chipset
supplier	 	  	Standard
complied
to	 	  	Country of
export if not
domestic sale	 	  	Brand
name	 	  	Brand
owner	 	  	Units
Sold	 	  	Royalty
rate	 	  	Amount
due	 
	 	  	 	 	  	(Mobile
Device)	 	  	 	 	  	(GSM,
GPRS,
EDGE,
UTRA,
E-UTRA
etc.)	 	  	 	 	  	 	 	  	(Company,
Affiliate,
Network
Operator)	 	  	 	 	  	 	 	  	 	 
		  				  				  				  				  				  				  				  				  				  			
		  				  				  				  				  				  				  				  				  				  			
		  				  				  				  				  				  				  				  				  				  			
	 Total:
	  				  				  				  				  				  				  				  				  				  			
		  				  				  				  				  				  	  
	 Total Royalty Due:
	  

 The duly authorized undersigned signatory hereby certifies the foregoing represents the record of royalties due and payable
by Sonim Technologies Inc. for the period specified above, calculated pursuant to the terms in the Agreement: 
  

			
		
	Signature:	 	 
		
	Print Name:	 	
		
	Title:	 	
		
	Date:	 	

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED. 

 EXECUTION VERSION 

 

 APPENDIX 3 
  

																																																																	
	Product	  	2014	 	 	2015	 	 	2016	 	 	2017	 	 	2018	 	 	2019	 	 	2020	 	 	2021	 
	 	  	Qty	 	 	ASP	 	 	Qty	 	 	ASP($)	 	 	Qty	 	 	ASP($)	 	 	Qty	 	 	ASP($)	 	 	Qty	 	 	ASP($)	 	 	Qty	 	 	ASP($)	 	 	Qty	 	 	ASP($)	 	 	Qty	 	 	ASP($)	 
	 [***]
	  	 	[	***] 	 	 	[	***] 	 	 	[	***] 	 	 	[	***] 	 	 	[	***] 	 	 	[	***] 	 	 	[	***] 	 	 	[	***] 	 	 	[	***] 	 	 	[	***] 	 	 	[	***] 	 	 	[	***] 	 	 	[	***] 	 	 	[	***] 	 	 	[	***] 	 	 	[	***] 

  
 CERTAIN CONFIDENTIAL INFORMATION
CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE SONIM TECHNOLOGIES, INC. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO SONIM TECHNOLOGIES, INC. IF PUBLICLY
DISCLOSED.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00294-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00294-of-00352.parquet"}]]