EX-10.17 3 sonm-ex1017_533.htm EX-10.17

Exhibit 10.17

October 29, 2019

Robert Plaschke

Re:T ransition and S e parat ion Agre e me nt

Dear Bob:

This letter (the “A g r ee me n t”) sets f o rth the terms and conditions that Sonim Technolog i es, Inc. (the “C o m p a n y” or “S o n i m”) is of fering to aid in your emplo yment tr ansition.

1. E M P L O Y ME NT AND T R A NS ITI O N P E R I O D. As d i s c uss e d, y our s er vi c e a s C hi ef E x ec utive O ff i c e r (“CEO”) of S onim e nd e d ef f e c tive O c tob e r 29, 2019 (t he “T ransition Date”), a s of whi c h d a te the C omp a n y’s B o a r d of Di rec t o r s (the “Boar d”) e l e c t e d a n e w C EO. S ubj ect to the t er ms of this A g r e e m e nt, y ou will re m a in e mpl o y e d b y the C omp a n y a s a S e nior Advis o r to the B o ar d a s d e s cr ib e d b e low fr om the T ra nsition D a te th r ou g h Ap r il 3 0, 2020 (or su c h ear li er d a te a s y our e mpl o y m e n t m a y be t er min a t e d b y y o u o r t he C omp a n y p u r su a nt to Se c tion 1(i) (E ar l y T e r min a tion) b e l o w) (the “S e par a tion Date”). Addition a l l y, y ou h ere b y r e si g n fr om the B o ar d e f fec tive a s of t h e T ra nsition D a t e. The p er iod fr om the T ra ns i tion D a te th r o u g h the S e p ara tion D a te sh a ll be d ee m e d the “T ransition P e riod” a nd y our c onti n u e d e mpl o y m e nt sh a ll be subj ec t to the f ollowi n g t er ms:

(a) Title/Position. As of the T ra nsition D a t e, y o ur title sh a ll c h a n g e to “S e nior Adviso r,” a nd y ou a g r e e th a t y ou will be d ee m e d to h a v e re s i g n e d fr om a n y oth e r o ff ic e or position y ou m a y hold within the C omp a n y, e x ce pt th a t y ou will re m a in e mpl o y e d th r o u g h the S e p ara tion D a te a s c ont e mpl a t e d in this A g r e e m e nt. Y ou a g r e e to p r ovi d e a n y d o c um e nt a tion re qu e st e d b y the C omp a n y to c on f i r m a n y s u c h re s i g n a t ion. You f u r th e r a g r e e th a t af t e r the T ra nsition D a t e, y ou will not h a ve a utho r i t y to b i nd the C omp a n y a nd sh a ll not pu r po r t to bind the C omp a n y to a n y r e p r e s e nt a tion, p r omis e, or a g r ee m e nt, e x ce pt with the p r ior w r itt e n c ons e nt of the C omp a n y’s C EO.

(b) Duties. Du r i n g the T r a nsition P er iod, y ou s h a ll be re sponsible f o r p r oviding t r a nsition in f o r m a tion to the C EO a n d oth e r S onim p er sonn e l, in c luding e l ec t r on i c f il e s, a w r itt e n b r i ef i n g, fa c e to f a c e m ee ti n g s, a nd p er so n a l a ssist a n c e in t ra nsitioning k e y c ustom e r re l a tionships, a s re qu e st e d, with r e sp ec t to a n y m a tt e r s a bout whi c h y ou a r e knowl e dg ea bl e; a nd y o u sh a ll re m a in a v a il a bl e, a s re q u e st e d, to a ssist with m a n a g e m e n t, ov er si g ht, o r e x ec ution w ith re sp ec t to p r o j ec ts a n d m a tt er s i n whi c h y ou h a ve b e e n involv e d a nd to wo r k to f in a li z e d e a l s with c ustom er s in wh i c h y ou h a v e b e e n invo l v e d (c oll ec tiv e l y, the “Transition Duties”). Y ou a g r e e to m a ke y ou r s e l f a v a il a ble to p erf o r m T r a nsition Duti e s f or up to 40 hou r s p e r w e e k f or the du ra tion of T r a nsition P er iod.

(c) Co m pensation. Du r i n g the T r a nsition P er iod, y o u will c ontinue to b e p a id the s a me b a se s a l a r y n o w in ef f ec t, on the C omp a n y’s no r m a l e mpl o y e e p a y r oll s c h e dul e, subj ec t to st a nd ar d d e d u c tions a nd withholdin g s.

1

(d) B e n e f i t s. Du r ing the Tr a nsition P er iod, y ou will be e l i g ible to r ece i v e the s a me e mpl o y m e nt b e n e f i ts m a de a v a il a ble to the C omp a n y’s e mpl o y e e s g e n era l l y, i n acc o r d a n c e with the t er ms a nd c o n ditions of the C omp a n y’s b e n ef it pl a ns a nd poli c i e s whi c h m a y be in eff e c t fr om time to time a nd m a y utili z e a n y a nd a ll v aca tion or p a id time o f f b e n ef its a v a il a b l e to y ou und e r the C omp a n y’s poli c i e s.

(e) Equity. A n y outst a ndi n g unv e st e d e qui t y a w a r d s sh a ll c ontinue to v e s t du r ing t h e T r a nsition P e r iod a nd, if the C omp a n y t er min a t e s the T ra nsition P er iod without C a use pu r su a nt to S ec tion 1(i) b e low, th e n a po r tion of y o ur outst a ndi n g unv e st e d e qui t y a w ar ds s h a ll ac c e l era t e a nd v e st, a t t h e d a te of su c h t e r min a tion, to the s a me e x t e nt a s t h e y would h a ve v e st ed h a d y ou r e m a in e d in s e r vi c e until Ap r il 30, 202 0, subj ec t to y o u r s a tis fa c tion of the c onditions f or r e ce ipt of the S e v e r a n c e B e n e f its (a s s e t f o r th b e low). I f y ou re s i g n y our e mpl o y m e nt d u r ing the T ra nsition P er iod, no a mount of unv e st e d e qui t y a w ar ds s h a ll be a c ce l e r a t e d.

(f) Facilities. Du r i n g the T ra nsition P er iod, y ou sh a ll h a ve c ontinu e d use of a wo r ksp a c e a t t h e C omp a n y’s o f f i ce s, but will not be r e qui re d to wo r k fr om the C omp a n y’s o ff i ce s e x ce pt a s re qu e s t e d b y the C EO. Du r ing the T ra nsition P er iod, y o u sh a ll h a ve c ontinu e d use of y our S onim e m a il a nd voi ce m a il a cc ounts, a nd y ou will be e x p ec t e d to p erf o r m T ra nsition Duti e s using su c h acc o u nts. A f t e r the S e p ara tion D a t e, y ou sh a ll no lon g e r h a ve a cce ss to y our S onim e m a il a nd voi ce m a il acc ounts, a nd y ou sh a ll p r ovide the C omp a n y ac c e ss a nd p a ss w o r ds to fac ilit a te monito r ing of su c h acc ounts b y the C omp a n y th e r eaf t e r to e nsu r e S onim busin e ss m a tt er s ar e tim e l y h a nd l e d. Upon the S e p ara tion D a t e, a n a utom a tic re ply m e ss a g e sh a ll be s et on y our S onim e m a il ac c ount, a nd a n out of o f f i c e g r e e ting s h a ll be r e c o r d e d on y our S onim voi ce m a il acc ount, both of whi c h sh a ll be mutu a l l y-a g r e e d b e t w ee n y ou a n d the C omp a n y.

(g) Outside Activities. D u r ing the T ra nsition P er i od, y ou m a y e nt e r into oth e r e mpl o y m e nt or c onsulting re l a tionships or oth er wise p r ovide s e r vi ce s to or e n g a ge in busin e ss ac tiviti e s f or oth e r p er sons a nd e ntiti e s (c oll ec tiv e l y, “Outside Activities”), p r ovid e d th a t su c h Outside A c tiviti e s do not: (i) int erfe r e with y our a v a il a bili t y to p erf o r m the T ra nsition Duti e s; (ii) involve c omp e tition with the C om p a n y o r p r e p a r a tion f or s u c h c omp e tition; (iii) crea t e a n ac tu a l, a pp a r e nt, or pot e nti a l c on f li c t of int ere st with the C o mp a n y, o r (iv) h ar m or th rea t e n to h ar m t h e C o mp a n y’s busin e ss or re p ut a tion, a ll a s d e t er min e d in g ood-f a ith b y the C omp a n y in its sole dis c re tion. To e nsu r e c omp l i a n c e with the f o r e g oi n g p r ovision, y ou a g re e not to e n g a g e in a n y O utside A c tiviti e s without p r oviding sp ec i f ic in f o r m a tion to the B o ar d a bout a n y su c h p r opos e d Outside A c tiviti e s a nd o bt a ining the B o a r d’s a d v a n c e w r itt e n a pp r ov al whi c h a pp r o v a l sh a ll not be un rea so n a b l y d e l a y e d or withh e ld.

(h) Co m pliance with Com pany Policies and Insider Trading L aws. Du r ing the T r a nsition P er iod, y ou will c ontinue t o be re qui re d to a bide b y a ll C omp a n y e mpl o y m e nt poli c i e s a n d p r o ce d u re s, a s a dopt e d or modi f i e d fr om time to tim e. I f re q u e st e d, y o u will ac know l e d g e in w r iting y our re c e ipt a n d und er st a ndi n g o f e x istin g, modi f i e d, or n ew C omp a n y poli c i e s. The C omp a n y m a y modi f y, susp e nd, or re voke a n y s u c h poli c i e s in w ho l e or in p ar t, a t a n y tim e, w ithout a dv a n c e noti ce. You f u r t h e r a g r e e to c omp l y with a ll l a ws a ppli ca ble to the C omp a n y a nd y o u r c ontinu e d s e r vi c e to the C omp a n y.

(i) Early Ter mination. N othing in this A g r ee m e nt a lt er s y o u r e mpl o y m e nt a t-will st a tus. A cc o r d i n g l y, du r i n g the T ra ns i tion P er iod y ou a r e e n titl e d to re si g n y our

e mpl o y m e nt with or without C a use (a s d ef in e d b e low) or a dv a n c e noti ce, a nd the C omp a n y m a y t er min a te y our e mpl o y m e nt with or without C a use or a dv a n c e noti c e.

(i) I f p r ior to Ap r il 30, 2 0 20, y ou r e si g n y o u r e m pl o y m e nt f or a n y rea son, th e n y ou will be e li g ible f or t h e S e v e r a n c e B e n ef i ts in S ec tion 2 (a nd not S ec tion 3) a s s e t f o r th b e low, pro v id e d that y ou h a v e s a tis f i e d the c onditions f or re c e ipt of the S e v era n c e B e n e f its (a s s e t f o r th b e l ow, in c luding without l i mit a tion s a tis fac to r y t ra n sition of duti e s du r ing the T ra nsition P er iod, a s d e t er min e d in g ood fa ith b y the B o a r d).

(ii) I f p r ior to Ap r il 30, 2020, the C o mp a n y t er min a t e s y our e mpl o y m e nt with C a us e, th e n y ou will no long e r be e l i g ible f or p ar t i c ip at ion in a n y C omp a n y b e n ef it pl a ns, a nd y ou w i ll not be e ntitl e d to a n y S e v era n c e B e n ef its.

(iii) I f y ou re m a in e mpl o y e d th r ou g h A p r il 30, 2020 o r if the C omp a n y t er min a t e s y o u r e mpl o y m e nt without C a use p r ior to Ap r il 30, 2020, y ou will be e li g ible f or the S e v era n c e B e n ef its in S ec tion 3 (a nd not S ec tion 2), pro v id e d that y o u h a ve s a tis f i e d the c onditions f or r ece ipt o f the S e v e r a n c e B e n e f its (a s s e t f o r th b e low, in c l u ding without limit a tion s a tis fac to r y t ra nsition of duti e s du r ing the T ra nsition P er iod, a s d e t er min e d in g ood fa ith b y the B o ar d).

(j) Definition of Cause. F o r pu r pos e s of this A g re e m e nt, “C a us e” is d e f in e d a s a n y of t h e f ollowi n g: (i) th ef t, dishon e s t y, or fa lsi f i ca tion of a n y e m p l o y m e nt or C omp a n y rec o r d; (ii) c onvi c tion (in c luding a n y pl e a of gui l t y o r nolo c ont e nd e r e) of a f e lo n y or a n y cr imin a l ac t th a t imp a i r s y o u r a bili t y to p e r f o r m y o ur duti e s with the C o mp a n y; (iii) fa ilu r e or in a bili t y to p erf o r m a n y r e a son a ble a ss i g n e d duti e s af t e r w r itt e n not i c e fr om the B o ar d of Di rec to r s o f the C omp a ny o f, a nd a rea so n a ble o p po r tuni t y to c u r e (of no f e w e r th a n 10 busi n e ss d a y s), su c h fa ilu r e or in a bili t y, if ca p a ble of c u r e; (iv) imp r op e r dis c losu r e of the C omp a n y’s c on f id e nti a l or p r op r i e t a r y in f o r m a tion; (v) c om m ission of a n int e ntion a l o r g r oss l y n e g l i g e nt ac t th a t h a s a m a t er i a l d e t r im e nt a l effec t on the C omp a n y’s r e put a tion or busin e ss; or (vi) a n y m a t er i a l b r e ac h o f a n y w r itt e n a g r e e m e nt with the C omp a n y, whi c h b r e ac h is not c u re d pu r s u a nt to the t er ms of su c h a g r e e m e nt (o r, if no c u r e p r o vision is sp ec i f i e d th e re i n, af t e r w r itt e n noti c e fr om the B o a r d of Di r e c to r s of the C omp a n y of s u c h b re a c h p r ovid i ng no f e w e r th a n 10 busin e ss d a y s to c u re), if ca p a b le of c u re, or a m a t er i a l b r e ac h of a c on f id e nti a li t y or p r op r i e t a r y in f o r m a tion a nd inv e ntions a g ree m e nt, whi c h b r ea c h sh a ll be d ee m e d non-c u ra bl e.

(k) Final Pay and Benefits. On the S e p ara tion D a t e, y ou will c e a se to be e mpl o y e d b y o r hold a n y o ff i c e or position with t he C omp a n y a nd the C o mp a n y will p a y y o u a ll accr u e d w a g e s, in c luding a ll a c cr u e d a nd unus e d p a id time o f f ear n e d t h r ou g h the S e p a ra tion D a t e, subj ec t to st a nd a r d p a y r oll d e du c tions a nd w i thhold i n g s. You ar e e ntitl e d to th e se p a y m e nts b y l a w.

2.S E V E RANCE B E N E F IT S I F RE S I G NA TI O N F O R A NY RE AS O N B E FO RE AP R I L 30,

2020. I f p r ior to A p r il 30, 2020, y ou re s i g n y our e mpl o y m e nt f o r a n y r e a son, a nd: y ou (i) tim e l y

sign and return this A g r eement to the Compa n y, (ii) comply fully w ith your obligations hereunder (including without limitation satisfactorily tr ansitioning y our duties during the Transition P eriod); and (iii) within twent y-one (21) da ys after the S e p a r ation Date, e x ecute and return to the Compa ny the a re l ease of claims in the form attac h ed he r eto as E x h i b it A (the

“S e p a r a t ion Da t e R e l e a s e”) a nd a llow the S e p a r a tion D a te R e l ea se to b e c ome e ff e c tiv e, th e n, y o u a nd the C omp a n y a g re e th a t, in f ull s a tis fac tion of a n y oblig a tions f or the C omp a n y to p r ovide y ou with s e v e r a n c e b e n e f its a s st a t e d in the Empl o y m e nt Ag r ee m e nt b e tw ee n y ou a nd the C omp a n y d a t e d A u gust 18, 2018 (the “O f f e r L etter”), the C omp a n y will p r ovide y ou with the f ollowing s e v era n c e b e n ef its:

(a) Cash Severance. The C omp a n y w i ll p a y y ou s a l a r y c ontinu a tion a s if y o u r e m a in e d e mpl o y e d t h r ou g h Ap r il 30, 2020, a t y our b a se s a l a r y in ef f e c t a s of the S e p a ra tion D a t e, subj e c t to st a n d ar d p a y r oll d e du c tions a nd withholdin g s (“E arly Ter mination Severance Pay”). Your E ar l y T e r min a tion S e v era n c e P a y will be p a id in t he f o r m of s a l a r y c ontinu a tion p a y m e nts. The s a l a r y c ontinu a tion p a y m e nts will be p a id in e qu a l inst a llm e nts on the C omp a n y’s r e g ul a r p a y r oll s c h e dule a nd will be subj ec t to a ppli ca ble t a x withholdin g s ov e r the p er iod b e g inni n g on the S e p ara tion D a te a nd e n d ing on Ap r il 30, 2020; p r ovid e d, ho w e v er, th a t no p a y m e nts will be p a i d p r ior to the 30 t h d a y f o llowing the S e p ara tion D a t e. On the 30th d a y f ollowing y our S e p a r a tion D a t e, the C omp a n y will p a y y ou in a l ump sum the s a l a r y c ontinu a tion p a y m e nts th a t y ou would h a ve re ce iv e d on or p r ior to su c h d a te und e r the o r i g in a l s c h e dule but f or the d e l a y while w a iting f or the 3 0 t h d a y in c ompli a n c e with S ec tion 409A of the C ode a nd the ef f ec tiv e n e ss of the re l ea s e, with t h e b a l a n c e of the s a l a r y c ontinu a tion p a y m e nts b e ing p a id a s o r i g in a l l y s c h e dul e d.

(b)Health Care Continuation Coverage.

(i) COBRA. To the e x t e nt p r ovid e d b y the fe d e ra l C O B R A l a w o r, if a ppli ca bl e, st a te insu ra n c e l a ws, a nd b y t h e C omp a n y’s c u r r e nt g r oup h ea l t h insu ra n c e poli c i e s, y o u will be e li g ible to c o ntinue y o u r g r oup h e a lth insu ra n c e b e n e f its a t y o u r own e x p e ns e. L a t er, y o u m a y be a b l e to c onv er t to a n individu a l poli c y th r o u g h t he p r ov i d e r o f the C omp a n y’s h ea lth insu ra n ce, if y ou wish.

(ii) COBRA Pre miu ms. I f y o u tim e l y e l ec t c ontin u e d c ov e r a g e un d er C O B R A, the C omp a n y will p a y y our C O B R A p re miums to c ontinue y o ur c ov er a ge (in c luding c ov er a ge f o r e l i g ible d e p e nd e nts, if a ppli c a bl e) (“COBRA Pre miu m s”) t h r ou g h the p e r iod (the “COBRA P re mium P eriod”) st ar ting on the S e p ara tion D a te a nd e ndi n g on t he e ar l i e st to o c c ur o f: (i) A p r il 30, 2020; (ii) the d a te y ou b ec ome e li g ible f or g r oup h ea l t h i nsu ra n c e c o v er a ge th r ou g h a n e w e mpl o y e r; or (iii) the d a te y ou cea se to be e l i g ible f o r C O B R A c ontinu a tion c ov er a ge f or a n y r ea so n, in c luding pl a n t er min a tion. I n the e v e nt y ou b ec ome c ov e re d und e r a noth e r e mpl o y e r's g r o u p h ea lth p l a n or oth e r wise c ea se to be e l i g ible f or C O B R A du r i n g t h e C O B R A P re mium P er iod, y ou must imm e di a t e l y n oti f y the C omp a n y in w r i ting of su c h e v e nt.

(iii) Special Cash Pay m ents in Lieu of CO BRA Pre miu ms. Notwithst a nding the f o r e g oi n g, if the C omp a n y d e t er min e s, in its sole d i s cre tion, th a t it ca nnot p a y the C O B R A P re miums without a subst a nt i a l r isk of viol a ting a ppli ca ble l a w (in c ludi n g, without lim i t a tion, S ec t i on 2716 of the P ublic H ea lth S er vi c e A c t), the C omp a n y inst ea d sh a ll p a y to y ou, on the f i r st d a y o f e a c h ca l e nd a r m o nth, a f ul l y t a x a ble ca sh p a y m e nt e qu a l to the a ppli ca ble C O B R A p r e miums f or th a t month (in c luding p r e miums f or y ou a nd y our e li g ible d e p e nd e nts who h a v e e l ec t e d a nd r e m a in e n r o ll e d in su c h C O B R A c ov er a g e), subj e c t to a ppli ca ble t a x withhold i n g s (su c h a mount, the “Special Cash Pay ment”), f or the re m a ind e r of the C O B R A P re mium P er iod. You m a y, but ar e not obli g a t e d to, use su c h S p ec i a l C a sh

Pa y m e nts tow a r d the c o st of C O B R A p re miums. On the thi r ti e th (30 th) d a y f ollowing y o u r S e p ara tion fr om S er vi c e, the C omp a n y will m a ke the f i r st p a y m e nt to y ou und e r this p ar a g ra ph, in a lump sum, e qu a l to t he a g g r e g a te S p ec i a l C a s h Pa y m e nts t h a t the C o m p a n y would h a v e p a id to y ou th r o u g h s u c h d a te h a d t h e S p ec i a l C a sh Pa y m e nts c omm e n c e d on t he f i r st d a y o f the f i r st month f ollowing the S e p ara tion f r om S er vi c e th r ou g h s u c h thi r ti e th (30 th) d a y, with the b a l a n ce of the S p ec i a l C a sh P a y m e nts p a id th ere a f t e r on t he s c h e dule d e s cr ib e d a b ov e.

3.S E V E RANCE B E N E F IT S I F T H E T RANS ITI O N P E R I O D E NDS ON AP R I L 30, 2020

OR T E R MI NA TI O N WIT HO UT CAUSE P R I O R T H E R ET O. I f, p r ior to Ap r il 3 0, 2020, the C omp a n y

terminates your emplo yment without C ause, or, if you r emain emplo y ed through Ap ril 30, 2020, and: you (i) time ly si gn and r eturn this Agree m ent to the Compa n y, (ii) comply fully with your oblig ations he r eunder (in cluding without limitation satisfactorily transitioning your duties during the Transition P eriod through April 30, 2020); and (iii) within twent y-one (21) da ys after the S eparation Date, e x ecute and return to the Comp a ny the S epa ration Date R elease and allow the S eparation Date R e le ase to become eff e ctive, then, you and the Compa ny a g r ee that, in full satisfaction of a ny obli g ations for the Compa ny to provide you with seve r ance be n efits as stated in the Offer L etter, the Compa ny will provide you with the following se v e r ance b enefits:

(a)Severance.

(i) I f, p r ior to Ap r il 30, 2020, the C omp a n y t er min a t e s y our e mpl o y m e nt without Ca us e, the C omp a n y will p a y y o u s a l a r y c ontinu a tion a s if y ou re m a in e d e mpl o y e d th r o u g h Ap r il 30, 2020, a t y o u r b a se s a l a r y in e f fec t a s of the Se p ara tion D a t e, subj ec t to st a nd ar d p a y r oll d e d u c tions a nd withholdin g s; a nd

(ii) R e g a r dl e ss of p a y m e nts und e r S ec tion 3(a)(i) a bov e, if a n y, the C omp a n y will p a y y o u a lump sum a mount e qu a l to not l e ss th a n th r e e (3), but no mo r e th a n six (6), months of y our b a se s a l a r y, subj e c t to st a nd ar d p a y r oll d e du c ti o ns a nd withholdin g s (e x c luding p a y m e nts u n d e r Se c tion 3(a)(i), i f a n y, “F ull Period Severa nce Pay”). Your F ull P er iod S e v era n c e Pa y w ill be d e t er min e d b y the B o ar d, in its sole dis cre tion, b a s e d on y o u r p erf o r m a n c e a s a S e nior Advisor du r i n g the T r a nsition P er iod. On the 3 0 t h d a y f ollowi n g t h e S e p ara tion D a t e, the C o mp a n y will p a y y ou t h e F ull P er iod S e v e r a n c e Pa y a mount th a t the B o a r d d e t er min e d to p a y to y o u, in its sole dis cre tion, b a s e d on y o u r p e r f o r m a n ce.

(b)Health Care Continuation Coverage.

(i) COBRA. To the e x t e nt p r ovid e d b y the fe d e ra l C O B R A l a w o r, if a ppli ca bl e, st a te insu ra n c e l a ws, a nd b y t h e C omp a n y’s c u r r e nt g r oup h ea l t h insu ra n c e poli c i e s, y o u will be e li g ible to c o ntinue y o u r g r oup h e a lth insu ra n c e b e n e f its a t y o u r own e x p e ns e. L a t er, y o u m a y be a b l e to c onv er t to a n individu a l poli c y th r o u g h the p r ovid e r o f t he C omp a n y’s h ea lth insu ra n ce, if y ou wish.

(ii) COBRA Pre miu ms. I f y o u tim e l y e l ec t c ontin u e d c ov e r a g e un d er C O B R A, the C omp a n y will p a y y our C O B R A p re miums to c ontinue y o ur c ov er a ge (in c luding c ov er a ge f o r e l i g ible d e p e nd e nts, if a ppli c a bl e) (“COBRA Pre miu m s”) t h r ou g h the p e r iod (the “COBRA P re mium P eriod”) st ar ting on the S e p ara tion D a te a nd e ndi n g on t he e ar l i e st to o c c ur o f: (i) J u l y 30, 2020; (i i) the d a t e y ou b ec ome e li g ible f or g r oup h ea l t h insu ra n c e c o v er a ge

th r ou g h a n e w e mpl o y e r; or (iii) the d a te y ou cea se to be e l i g ible f o r C O B R A c ontinu a tion c ov er a ge f or a n y r ea so n, in c luding pl a n t er min a tion. I n the e v e nt y ou b ec ome c ov e re d und e r a noth e r e mpl o y e r's g r o u p h ea lth p l a n or oth e r wise c ea se to be e l i g ible f or C O B R A du r i n g t h e C O B R A P re mium P er iod, y ou must imm e di a t e l y n oti f y the C omp a n y in w r i ting of su c h e v e nt.

(iii) Special Cash Pay m ents in Lieu of CO BRA Pre miu ms. Notwithst a nding the f o r e g oi n g, if the C omp a n y d e t er min e s, in its sole d i s cre tion, th a t it ca nnot p a y the C O B R A P re miums without a subst a nt i a l r isk of viol a ting a ppli ca ble l a w (in c ludi n g, without lim i t a tion, S ec t i on 2716 of the P ublic H ea lth S er vi c e A c t), the C omp a n y inst ea d sh a ll p a y to y ou, on the f i r st d a y o f e a c h ca l e nd a r m o nth, a f ul l y t a x a ble ca sh p a y m e nt e qu a l to the a ppli ca ble C O B R A p r e miums f or th a t month (in c luding p r e miums f or y ou a nd y our e li g ible d e p e nd e nts who h a v e e l ec t e d a nd r e m a in e n r o ll e d in su c h C O B R A c ov er a g e), subj e c t to a ppli ca ble t a x withhold i n g s (su c h a mount, the “Special Cash Pay ment”), f or the re m a ind e r of the C O B R A P re mium P er iod. You m a y, but ar e not obli g a t e d to, use su c h S p ec i a l C a sh Pa y m e nts tow a r d the c o st of C O B R A p re miums. On the thi r ti e th (30 th) d a y f ollowing y o u r S e p ara tion fr om S er vi c e, the C omp a n y will m a ke the f i r st p a y m e nt to y ou und e r this p ar a g ra ph, in a lump sum, e qu a l to t he a g g r e g a te S p ec i a l C a s h Pa y m e nts t h a t the C o m p a n y would h a v e p a id to y ou th r o u g h s u c h d a te h a d t h e S p ec i a l C a sh Pa y m e nts c omm e n c e d on t he f i r st d a y o f the f i r st month f ollowing the S e p ara tion f r om S er vi c e th r ou g h s u c h thi r ti e th (30 th) d a y, with the b a l a n c e of the S p ec i a l C a sh P a y m e nts p a id th ere a f t e r on t he s c h e dule d e s cr ib e d a b ov e.

(c) Extended Exercise Period. The C omp a n y will a g re e to e x t e nd the e x erc ise p er iod a ppli ca b l e to y o u r sto c k options u ntil O c tob e r 30, 2020. T o the e x t e nt the sto c k options w er e g ra nt e d a s “in ce ntive sto c k options” und e r the I nt er n a l R e v e n ue C od e, a n e x t e nsion of the e x erc ise p e r iod of the sto c k options m a y ca use th e m to lose su c h st a tus a nd the sto c k options inst ea d m a y be t rea t e d a s non-qu a li f i e d sto c k options f or fe d er a l t a x pu r pos e s. Th i s c h a n g e m a y be l e ss a d v a nt a g e ous to y ou fr om a p er so n a l t a x p er sp ec t i ve in c e r t a in re s p ec ts, in c luding a n oblig a tion on y our p a r t to s a tis f y a n y in c o m e a nd e mpl o y m e nt t a x withh o lding obli g a tions th a t ar ise wh e n y ou e x erc ise the sto c k options. The C omp a n y m a k e s no re p re s e nt a tion or g u a r a nt ee s r e g ar di n g the st a tus of y our sto c k options a s i n ce ntive sto c k options or oth er wis e. You ac k n owl e dge th a t the C omp a n y is not p r oviding t a x a dvi c e to y ou a nd th a t y o u h a ve b e e n a dvis e d b y the C omp a n y to s e e k ind e p e nd e nt t a x a dvi c e with re sp ec t to the e x erc ise a nd modi f i ca tion of t he sto c k options a n d a n y oth e r c omp e n s a tion a nd b e n ef its th a t y ou ar e r e c e iving un d e r this Ag ree m e nt. You a c k n owl e dge a nd a g r e e th a t, a s a c ondition to a n y e x erc ise of y our sto c k options, the C omp a n y m a y re qui r e y ou to e n t e r into a n a rra n g e m e nt p r oviding f o r the p a y m e nt b y y ou to t he C omp a n y o f a n y t a x withholding oblig a tion of the C omp a n y (e x ce pt f or the e mpl o y e r’s sh a r e of a n y F I C A), a r ising b y r e a son of the e x erc ise of y o ur sto c k options with re sp ec t to the v e st e d sh a r e s. E x ce pt a s e x p re ss l y modi f i e d h ere in, y our r i g hts, duti e s, a nd obl i g a t ions with re sp ec t to y our e qui t y a w ar ds (in c luding y o ur r i g ht to e x erc ise a n y v e st e d sh a re s) s h a ll c ontinue to be g ov er n e d b y the t e r ms s e t f o r th in the a ppli ca ble e qui t y pl a ns a nd a g r ee m e nts.

4. E Q U IT Y. You w er e g ra nt e d options to pu r c h a se sh a r e s of the C o mp a n y’s c ommon sto c k, pu r su a nt to the C omp a n y’s 2012 Equi t y I n c e ntive P l a n (t h e “Plan”). E x ce pt as sp ec i f i ca l l y p r ovi d e d w i th re sp ec t to a c ce l e ra t e d v e sting un d e r cer t a in c onditions s e t f o r th in S ec tion 1(e) a bove a nd with re sp ec t to a n e x t e nd e d e x erc ise p er iod un d e r c e r t a in c onditions s e t f o r th in S ec tion 3(c) a b ov e, v e sti n g will cea s e a s of t h e S e p a ra tion D a te a nd, y o u r r i g h t s to

e x erc ise a n y v e st e d options sh a ll be a s s e t f o r th in the a ppli ca ble sto c k opt i on g ra nt noti ce, sto c k option a g ree m e nt, a nd/or the P l a n a nd y o u r optio n s sh a ll c ontinue to be g o v er n e d b y t h e te r ms of the a ppli ca ble g r a nt noti c e s, sto c k option a g ree m e nts a nd the P l a n.

5. OT H E R CO M P E N S A TIO N O R B E N E F IT S. You ac knowl e d ge th a t, e x ce pt as e x p re ss l y p r ovid e d in this A g r e e m e nt, y ou h a ve not ear n e d a nd wi l l not rece ive fr om the C omp a n y a n y a ddition a l c omp e ns a tion (in c ludi n g b a se s a l a r y, bonus, in ce n tive c omp e ns a tion, o r e qui t y), s e v e ra n c e, or b e n ef its af t e r the S e p ara ti o n D a t e, with the e x ce ption of a n y v e st e d r i g ht y o u m a y h a v e un d e r the e x p re ss t er ms o f a w r it t e n E R I S A-qu a li f i e d b e n ef it pl a n (e.g., 40 1(k) acc ount) o r a n y v e st e d e q ui t y int ere sts.

6. E X P E NSE REIMB URS EME N T S. You a g r e e th a t, within t e n (10) d a y s a f t e r the S e p ara tion D a t e, y ou w ill submit y our f i n a l do c um e nt e d e x p e nse r e imbu r s e m e nt st a t e m e nt ref l e c ting a ll busin e ss e x p e ns e s y ou i n c u rr e d th r ou g h the S e p a ra tion D a t e, if a n y, f o r whi c h y ou s ee k re imbu r s e m e nt. T h e C omp a n y will re imbu r s e y ou f or th e s e e x p e ns e s pu r su a nt to its r e g ul a r busin e ss p rac ti ce.

7. RET URN O F PR O P E R T Y. B y t h e S e p a ra tion D a t e, y ou a g r e e to re tu r n to the C omp a n y a ll C omp a n y do c um e nts (a nd a ll c op i e s th ere o f) a nd o t h e r C o mp a n y p r o p er t y whi c h y o u h a v e in y o u r poss e ssion or c ont r ol, in c ludin g, but not limit e d to, C omp a n y f il e s, not e s, d ra wi n g s, rec o r ds, pl a ns, f o reca sts, re p o r ts, stu d i e s, a n a l y s e s, p r opos a ls, a g r ee m e nts, f in a n c i a l in f o r m a tion, re s e a rc h a n d d e v e lopm e nt in f o r m a tion, s a l e s a nd m ar k e ti n g in f o r m a tion, c ustom e r lists, p r osp ec t in f o r m a ti o n, pip e line re po r ts, s a l e s re po r ts, op era tion a l a nd p er sonn e l in f o r m a tion, sp ec i f i ca tions, c od e, so f tw are, d a t a b a s e s, c omput er-r ec o r d e d in f o r m a tion, t a n g ible p r o p er t y a nd e quipm e nt (in c ludin g, b u t not li m it e d to, c omput er s, p r int er s, mobile t e l e phon e s, s er v e r s), c r e dit car ds, e nt r y c ar ds, id e nti f i ca tion b a dg e s a nd k e y s; a nd a n y m a t er i a ls of a n y kind whi c h c ont a in or e mbo d y a n y p r op r i e t a r y o r c on f id e nti a l in f o r m a tion of the C omp a n y (a nd a ll re p r odu c t ions th ere of in who l e or in p a r t). You a g re e t h a t y ou will m a ke a dilig e nt s ea r c h to lo ca te a n y su c h do c um e nts, p r op er t y a nd in f o r m a tion b y the S e p ara tion D a t e. I f y ou h a v e us e d a n y p er so n a l l y own e d c omput er, s er v e r, or e-m a il s y st e m to r e ce iv e, sto re, r e vi e w, p r e p ar e or t ra nsmit a n y C omp a n y c on f id e nti a l o r p r op r i e t a r y d a t a, m a t er i a ls or in f o r m a tion, within f ive (5) busin e ss d a y s af t e r the S e p a ra tion D a t e, y ou sh a ll p r ovide the C o m p a n y with a c omput e r-us ea ble c o p y o f su ch in f o r m a tion a nd t h e n p e r m a n e nt l y d e l e te a nd e x pun g e su c h C omp a n y c o n f id e nti a l or p r op r i e t a r y in f o r m a tion fr om those s y s t e ms; a nd y ou a g r e e to p r ovide the C omp a n y ac ce ss to y our s y st e m a s re qu e st e d to v er i f y t h a t t he n e c e ss a r y c o p y i n g a n d/or d e l e tion is don e. Your t i m ely c o m plian ce with t his paragraph is a condit ion p rece d e nt to your re c eipt of t he S everan ce B e n e fits.

8. P R OP R IET ARY IN F O R M A TI O N OBLI G A TI O NS. B oth du r ing a nd af t e r y o u r e mpl o y m e nt y ou a c kn o wl e dge y our c ontinui n g obli g a tions und e r y our Empl o y e e C on f i d e nti a l I n f o r m a tion a nd I nv e nt i on Assi g nm e nt A g r e e m e nt, in c luding y our obl i g a tions not to u s e or dis c lose a n y c on f id e nti a l or p r op r i e t a r y in f o r m a tion of the C omp a n y. A c o p y o f y o u r Empl o y e e C on f id e nti a l I n f o r m a tion a nd I nv e ntion Ass i g nm e nt A g r ee m e nt is a tt a c h e d h ere to a s Exhibit B.

9. NO ND I S P ARA G EME N T. You a g r e e not to disp ar a g e the C omp a n y a nd i ts o ff i cer s, d i r ec t or s a n d e m p l o y e e s i n a n y m a nn e r li k e l y t o b e h a r m fu l t o t h e m o r t h e i r busin e ss, busin e ss re put a tions or p er son a l r e put a tions; p r ovid e d th a t y ou m a y re spond a c c u r a t e l y a nd f ul l y to a n y qu e stion, inqui r y or r e qu e st f or in f o r m a tion wh e n r e qui re d b y l e g a l p r o c e ss (e.g., a v a lid

subpo e na or oth e r simil a r c ompulsion of l a w) or a s p ar t of a g o v er n m e nt inv e sti g a tion. In a ddition, nothing in t h is p r ovision or this A g r e e m e nt is int e nd e d t o p r ohib i t or re st ra in y ou in a n y m a nn e r fr om m a ki n g di s c losu re s th a t a r e p r ot ec t e d und e r the whistl e blow e r p r ovisions of fe d e ra l or st a te l a w or r e g ul a tio n.

10. NO VO L UN T A R Y AD V E RSE AC TI O N; CO O P E RA TI O N. Oth e r th a n with re sp ec t to c l a ims b r ou g ht on y our own b e h a lf with re s p ec t to un re l ea s e d c l a ims y ou m a y h a v e a g a inst the C omp a n y a nd with re sp e c t to c l a ims of b reac h of this A g ree m e nt (“Clai ms by You”), y ou a g re e th a t y o u will not volun t ar i l y p r ovide a ssist a n c e, in f o r m a tion or a dvi ce, di rec t l y or indi rec t l y (in c luding th r o u g h a g e n t s o r a tt orn e y s), t o a n y p e r s o n o r e n ti t y i n c onn ec ti o n w it h a n y propo s e d o r p e nd i n g l it i g a ti on, a rb it r a t i on, a d mi n i st r a ti v e c l a im, ca u se o f ac ti on, o r o t h e r for m a l pro cee d i n g o f a ny k i n d brou g h t a g a i n s t t h e C o m p a n y, it s p a r e n t o r s ub s i d i a r y e n titi e s, a ff ili a t e s, off i ce r s, d i r e c t or s, e m p l o y e e s o r a g e n ts, no r s h a l l y o u i ndu c e o r e n c our a ge a n y p e r s o n o r e n t i t y t o br i n g a n y s u c h c l a ims; prov id e d t h a t y o u m a y r e s pon d acc ur a t e l y a n d fu l l y t o a n y qu e sti on, i nqu i r y o r r e qu e s t fo r i nfor m a t i on wh e n r e qu i r e d b y l e g a l pro ce s s (e.g., a v a li d s ubpo e n a o r o t h e r si m i l a r c o m pu ls i o n o f l a w) o r a s p a r t o f a g ov e rn m e n t i n v e sti g a ti on. I n a dd iti o n, o t h e r t h a n w i t h r e s p ec t t o C l a im s b y You, y o u a gr e e t o vo l u n t a r i l y c oop e r a t e w it h t h e C o m p a n y i f y o u h a v e know l e d ge o f f ac t s r e l e v a n t t o a n y e x is t i n g o r fu t ur e l i ti g a ti o n or a rb it r a ti o n i n i ti a t e d b y o r f il e d a g a i n s t t h e C o mp a n y b y m a k i n g y our s e l f r ea s on a b l y a v a il a b le w it ho ut fur t h e r c o m p e n s a ti o n fo r i n t e rv i e w s w it h t h e C o m p a n y o r it s l e g a l c oun s e l, f or pr e p a r i n g fo r a n d pro vi d i n g d e po s i ti o n t e s ti mo n y, a n d fo r pr e p a r i n g f o r a n d pro v i d i n g t r i a l t e st i m o n y.

11. NO AD MI SS I O NS. You und er st a nd a nd a g re e t h a t the p r omis e s a nd p a y m e nts in c onsid era tion of this Ag ree m e nt sh a ll not be c onst r u e d to be a n a dmission of a n y li a bili t y o r obli g a tion b y t h e C omp a n y to y ou or to a n y oth e r p er son, a nd th a t the C o mp a n y m a k e s no su c h a dmission.

12.R ELE ASE O F CL A IM S.

(a) General Release. I n e x c h a n g e f or the c onsi d era tion p r ovid e d to y ou und e r this A g r ee m e nt to whi c h y ou would not o t h er w i se be e ntitl e d, y ou h ere b y g e n e ra l l y a nd c ompl e t e l y re l ea s e the C omp a n y, a nd its a f f ili a t e d, re l a t e d, p a re nt a nd su b sidi a r y e ntiti e s, a nd its a nd th e ir c u rre nt a nd f o r m e r di rec to r s, o f f i c e r s, e mpl o y ee s, sh a re hol d er s, p ar tn er s, a g e nts, a tto r n e y s, p re d e c e sso r s, su cce sso r s, insu r er s, a ff i li a t e s, a nd a ss i g ns (c oll e c tiv e l y, the “Released Parties”) f r om a n y a nd a ll c l a ims, li a biliti e s a n d ob l i g a t i ons, bo t h kn o wn a nd unknown, th a t ar ise out of or ar e in a n y w a y re l a t e d to e v e nts, ac ts, c ondu c t, or omissio n s o cc u rr i n g p r ior to or on the d a te y ou si g n this Ag ree m e nt (c oll ec tiv e l y, the “Released Claim s”).

(b) Scope of Release. T h e R e l ea s e d C l a ims in c lud e, but ar e not limit e d to: (i) a ll c l a ims ar isi n g out of or in a n y w a y r e l a t e d to y our e mpl o y m e nt with the C omp a n y, o r the t er min a tion of th a t e mpl o y m e nt; (ii) a ll c l a ims r e l a t e d to y o u r c omp e n s a tion or b e n e f its fr om the C omp a n y, in c ludi n g s a l a r y, bonus e s, c omm i ssions, v aca tion, p a id time o ff, e x p e nse re imbu r s e m e nts, s e v e ra n c e p a y, f r i n g e b e n ef its, sto c k, sto c k options, or a n y ot h e r ow n er ship, e qui t y, o r p r o f its int er e sts in the C omp a n y; (iii) a ll c l a ims f or b r e ac h of c ont r a c t, w r o n g f ul t er min a tion, a nd b reac h of the im p li e d c ov e n a nt of g ood fa ith a nd fa ir d ea lin g; (iv) a ll to r t c l a ims, in c luding c l a ims f or fra ud, d e f a m a tion, e motion a l d i st re ss, a nd di s c h a r g e in viol a tion of

public poli c y; a nd (v) a ll fe d era l, st a t e, a nd lo ca l st a tuto r y c l a ims, in c luding c l a ims f or dis cr imin a tion, h ara ssm e nt, re t a li a tion, a tto r n e y s’ f e e s, or oth e r c l a ims a r i sing un d e r the f e d e r a l C ivil R i g hts A c t of 1964 (a s a m e nd e d), the f e d e r a l Am er i ca ns with Dis a b iliti e s A c t of 1990, the fe d e r a l Age Dis cr imin a tion in Empl o y m e nt A c t (“AD E A”), a nd the C a li f o r nia L a bor C ode (a s a m e nd e d).

(c) ADEA Waiver. Yo u ac know l e d ge t h a t y o u a r e know i n g l y a nd vo l un t a r i l y w a i v i n g a n d r e l ea si n g a n y r i g h t s y o u m a y h a v e und e r t h e ADE A (“AD EA Wa i v er”), a n d t h a t t h e c on si d e r a ti o n g i v e n fo r t h e w a i v e r a n d r e l ea s e i n t h i s S ec ti o n i s i n a dd iti on to a n y t h i n g o f v a l u e t o wh i c h y o u a r e a l r ea d y e n titl e d. Yo u fu r t h e r ac know l e d ge t h at y o u h a v e b ee n a dv is e d, a s r e qu i r e d b y t h e A D EA, t h a t: (i) y ou r w a i v e r a n d r e l ea s e d o not a pp l y t o a n y r i g h t s o r c l a im s t h a t m a y a r is e a f t e r t h e d a t e t h a t y o u si gn t h i s A g r ee m e n t; (ii) y o u s hou l d c o n s u lt w i t h a n a tt orn e y pr i o r t o si g n i ng t h i s A g r ee m e n t (a lt h o u gh y o u m a y c hoo s e vo l un t a r i l y no t t o d o s o); (i ii) y o u h a v e t w e n t y-on e (21) d a y s t o c o n si d e r t h i s A g r ee m e nt (a lt hou gh y o u m a y c ho o s e vo l un t a r i l y t o si gn i t ea r li e r); (i v) y o u h a v e s e v e n (7) d a y s fo ll ow i n g t h e d a t e y o u s i gn t h i s Ag r ee m e n t t o r e vok e t h e ADE A W a i v e r (b y pro v i d i n g wr itt e n n o ti c e of y o u r r e vo ca ti o n t o m e); a n d (v) t h e ADE A W a i v e r w i ll n ot b e e ff ec ti ve un t il t h e d a t e u p on wh i c h t h e r e vo ca ti o n p e r i o d h a s e x p i r e d u n e x e r c is e d, wh i c h w i ll b e t h e e i g h t h d a y a f t e r y ou si gn t h i s A g r ee m e n t (“E f f ec t i ve Dat e”). N e v e r t h e l e ss, y ou r g e n e r a l r e l ea s e o f c l a im s, e x ce p t fo r t h e ADE A W a i v e r, i s e ff ec ti v e imm e d i a t e l y, a n d no t r e vo ca b l e.

(d) S E C TI O N 1542 WA I V E R. I n g ivi n g the r e l ea s e h ere in, whi c h i n c lude c l a ims whi c h m a y b e unknown to y ou a t p re s e nt, y ou ac kn o wl e d g e h a vi n g r ea d a nd und e r stood S ec tion 1542 of the C a li f o r nia C ivil C od e, whi c h rea ds a s f ollows: “A general release does not extend to claims w hich the creditor or releasing party does not kn ow or suspect to exist in his or her favor at the time of executing the rel ease and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party.” You h ere b y e x p re ss l y w a ive a nd re linquish a ll r i g hts a nd b e n ef its und e r th a t s ec tion a nd a n y l a w of a n y ot h e r ju r isdi c tion of simil a r effec t with r e sp e c t to the re l ea s e s of c l a ims h ere in, in c ludi n g but not limit e d to y our re l ea s e of unknown c l a ims.

(e) Excluded Claims. No t withst a nding the f o r e g o i n g, the f ollowing a r e n o t in c lud e d in the R e l ea s e d C l a ims (the “E x c l u d e d C la i m s”): (i) a n y r i g hts or c l a ims f or ind e mni f i ca tion y ou m a y h a ve pu r s u a nt to (A) the c h ar t e r, b y l a ws or op e r a ting a g ree m e nts of the C omp a n y, (B) a n y w r itt e n ind e mni f i ca tion a g r e e m e nt with the C omp a n y to wh i c h y ou a r e a p ar t y or (C) und e r a ppli ca ble l a w; (ii) a n y r i g hts whi c h ca nnot be wa i v e d a s a m a tt e r of l a w, in c luding without limit a t ion c l a ims und e r the C a l i f o r nia Fa ir Empl o y m e nt a nd Housing A c t, to the e x t e nt su c h c l a ims ar e not w a iv a ble a s a m a t t e r of l a w with this re l e a s e; (iii) a n y r ights y ou h a ve to f ile or pu r sue a c l a im f or wo r k e r s’ c om p e ns a tion or un e mp l o y m e nt insu ra n ce; a nd (iv) a n y c l a ims f or b r eac h o f this A g r e e m e nt. You h e re b y re p re s e nt a nd w a r r a nt th a t, oth e r th a n t he E x c lud e d C l a ims, y ou a r e not a w a r e of a n y c l a i ms y ou h a ve or m i g ht h a ve a g a inst a n y of t h e R e l ea s e d P ar ti e s th a t ar e not in c lud e d in the R e l e a s e d C l a ims.

13. P R O TE C TE D RI GH T S. Y ou und er st a nd th a t nothing in this Ag ree m e nt l imits y o u r a bili t y to f ile a c h a r g e o r c ompl a int with t h e E q u a l Empl o y m e nt Oppo r t uni t y C ommission, the D e p ar tm e nt of L a bo r, t h e N a tion a l L a bor R e l a tions B o ar d, the O cc u p a tion a l S afe t y a nd H e a lth Administ ra tion, the S ec u r iti e s a nd E x c h a nge C ommission, the C a li f o r n ia D e p ar tm e nt of Fa i r

Empl o y m e nt a nd Hous i n g, o r a n y oth e r f e d e r a l, st a t e, o r lo c a l g ov e r nm e nt a l a g e n c y or c ommission (“G ov er n me n t Ag e n c i e s”). You f u r th e r und er st a nd this Ag r ee m e nt do e s not l im i t y o ur a bili t y to c ommuni ca te with a n y Gov er n m e nt A g e n c i e s or oth er w i se p ar ti c ip a te in a n y inv e sti g a tion or p r o c ee d ing th a t m a y be c ond u c t e d b y a n y Gov er n m e nt A g e n c y, in c luding p r oviding d o c um e nts o r oth e r in f o r m a tion, w ithout noti c e to the C omp a n y. W hile this Ag ree m e nt do e s not limit y our r i g ht to r e c e ive a n a w ar d f or in f o r m a t ion p r ovid e d to t h e S ec u r iti e s a nd E x c h a n g e C omm i ssion, y ou und e r st a nd a nd a g re e th a t, to the m a x imum e xt e nt p er mitt e d b y l a w, y ou a r e oth er wise w a iving a n y a nd a ll r i g hts y ou m a y h a v e to a mon e t a r y a w ar d or ot h e r individu a l re li e f b a s e d on a n y c l a i ms th a t y ou h a v e r e l ea s e d a nd a n y r i g hts y ou h a ve w a i v e d b y si g ni n g t his A g r ee m e nt.

14. RE P R E S E N T A TI O NS. You h ere b y re p re s e nt th a t y ou h a ve b ee n p a id a ll c omp e ns a tion ow e d a nd f or a ll hou r s wo r k e d, y o u h a ve r e c e iv e d a ll the l e a ve a nd l ea ve b e n e f its a nd p r ot ec tions f or whi c h y ou a r e e l i g ible pu r su a nt to t he fe d era l F a mi l y a nd M e di ca l L ea v e A c t, the C a li f o r nia Fa mi l y R i g hts A c t, or oth e r wis e, a nd y ou h a ve not s u ff e re d a n y on-th e-job inju r y f or whi c h y ou h a v e not a l rea d y f il e d a wo r k e r s’ c omp e ns a tion c l a im.

15. DI S P U T E RE S O L U TI O N. To e nsu r e t h e tim e l y a nd ec onomi c a l re so l ution of disput e s th a t m a y ar ise in c onn ec tion with y our e mpl o y m e nt with the C omp a n y, y ou a nd the C omp a n y a g re e t h a t a n y a nd a ll disput e s, c l a i m s, or ca us e s o f ac tion a r ising f r om or re l a ting to the e n f o r ce m e nt, b r ea c h, p erf o r m a n ce, n e g oti a tion, e x ec ution, or int er p re t a tion of this Ag ree m e nt, y o u r e mpl o y m e nt, or the t er min a tion of y o u r e mpl o y m e nt, in c luding but not limit e d to st a tuto r y c l a ims, s h a ll b e r e s o l v e d pur s u a n t t o t h e Fe d e r a l Arb it r a t i o n A c t, 9 U.S.C. §1-16, a n d t o t h e fu l l e s t e x t e n t p e r m i tt e d b y l a w b y f i n a l, b i nd i n g a n d c onf id e n ti a l a r b it r a t i on, b y a si n g l e a rb it r a t or, i n S a n F r a n c is c o, C a li for n i a, c ondu c t e d b y J A M S, I n c. (“JA M S”) und e r t he t h e n a pp l i ca b l e J A MS ru l e s (wh i c h ca n be foun d a t t h e f o ll o w i n g w e b a ddr e ss: h tt p s://www.j a ms a dr.c o m/ru l e s-e m p l o y m e n t-ar b it ra tion/). By agreeing to t his ar bitration p roce du re, both you and t he Co m pany waive t he right to resolve any su ch disp u te t h rough a trial by j u ry or j udge or ad ministrative p roc ee ding. The C omp a n y a c knowl e d g e s th a t y ou will h a ve the r i g ht to be re p re s e n t e d b y l e g a l c ouns e l a t a n y ar bit ra t ion p r o cee di n g. I n a ddition, a ll c l a ims, disput e s, or c a us e s of a c tion und e r this p ar a g ra ph, wh e th e r b y y o u o r the C omp a n y, must be b r ou g ht in a n i n dividu a l ca p ac i t y, a nd sh a ll not be b r ou g ht a s a pl a inti f f (or c l a im a nt) or c l a ss m e mb e r in a n y p u r po r t e d c l a ss or re p r e s e nt a tive p r o cee di n g, nor join e d or c onsolid a t e d with the c l a ims of a n y o th e r p er son or e nti t y. The ar bit ra tor m a y not c o nsolid a te the c l a ims of mo r e th a n one p er son or e nti t y, a nd m a y not p r e side ov e r a n y f o r m of r e p re s e n t a tive or c l a ss p r o cee di n g. To the e x t e nt th a t the p rece di n g s e n t e n ce s r e g ar di n g c l a ss c l a ims or p r o cee di n g s a r e f ound to viol a te a ppli c a ble l a w o r a r e ot h er wise f ound un e n f o r c ea bl e, a n y c l a im(s) a ll e g e d or b r ou g ht on b e h a lf of a c l a ss sh a ll p r o cee d in a c ou r t of l a w ra th e r th a n b y ar bit ra tion. This p ar a g r a ph sh a ll not a pp l y to a n ac tion or c l a im b r ou g ht i n c ou r t pu r su a nt to the C a li f o r nia P r iv a te Atto r n e y s G e n e r a l A c t of 2004, a s a m e nd e d. The ar bit ra tor sh a ll: (a) h a ve the a utho r i t y to c omp e l a d e qu a te dis c o v e r y f or the re solution of the dispute a nd to a w a r d su c h re li e f a s would oth er wise be p er mitt e d b y l a w; a nd (b) issue a w r itt e n ar bit r a tion d ec i sion, to in c lude the ar bit ra to r’s e ss e nti a l f indin g s a nd c o n c lusions a nd a st a t e m e nt of the a w a r d. The ar bit ra tor sh a ll be a utho r i z e d to a w ar d a n y or a ll re m e di e s th a t y ou or the C omp a n y wou l d be e ntitl e d to s ee k in a c ou r t of l a w. T h e C o mp a n y s h a ll p a y a ll J AM S’ ar bit ra tion f e e s in e x ce ss of the a mount of c ou r t f ee s t h a t would b e r e qui re d o f y ou if the dis p ute w e r e d ec id e d in a c o u r t of l a w. Nothi n g in this A g r ee m e nt is int e n d e d to p re v e nt e ith e r y ou or the C omp a n y f r om ob t a ining injun c tive re li e f

in c ou r t to p re v e nt i rre p a ra ble h ar m p e ndi n g the c on c lusion of a n y su c h a r bit ra tion. A n y a w ar ds or o r d er s in su c h ar bit ra t ions m a y b e e nt ere d a nd e n f o rce d a s ju d g m e nts in the fe d era l a nd st a te c ou r ts of a n y c omp e t e nt ju r isdi c tion.

16. IRS CO DE S E C T I O N 409A CO M P LI ANC E. Notwithst a nding a n y thi n g s e t f o r th in this A g ree m e nt to the c ont ra r y, a n y p a y m e nts a n d b e n ef its p r ovid e d pu r su a nt to this A g r e e m e nt whi c h c onstitute “d ef e rr e d c omp e ns a tion” within the m ea ni n g o f the T r e a s ur y R e g ul a tions issu e d pu r su a nt to S ec tion 409A sh a ll not c omm e n c e until y ou h a v e in c u r r e d a s e p ara tion fr om s e r vi ce a s p r ovid e d und e r T re a su r y Re g ul a tion S ec tion 1.409A-1(h) (“S e par a t ion F r om S ervic e”), unl e ss the C omp a n y r ea son a b l y d e t e r min e s th a t su c h a mounts m a y be p r ovid e d to y ou without ca using y ou to in c ur the a ddition a l 20% t a x und e r S ec tion 409A. F or t h e a void a n c e of doubt, it is int e nd e d th a t the p a y m e nts a nd b e n ef its s e t f o r th in this Ag ree m e nt s a tis f y, to t h e g r ea t e st e x t e nt possi b l e, the e x e mptions fr om the a ppli c a tion of S ec t i on 409A p r ovid e d und e r T r e a su r y R e g ul a tion Se c tions 1.409A-1(b)(4), 1.409 A-1(b)(5) a nd 1.409 A-1(b)(9) a nd this A g r e e m e nt will be c onst r u e d to the g rea t e st e x t e nt possible a s c onsist e nt with t h ose p r ovisions. F or pu r pos e s of S ec tion 40 9 A (in c ludi n g, without l i mit a tion, f or pu r pos e s o f T r ea su r y R e g ul a tion S ec tion 1.409A-2(b)(2)(iii)), y our r i g ht to r e ce ive a n y inst a llm e nt p a y m e nts und e r this Ag ree m e nt (w h e th e r s e v era n c e p a y m e nts, re im b u r s e m e nts, or oth er wis e) sh a ll be t rea t e d a s a r i g ht to re c e ive a s e r i e s of s e p ara t e p a y m e nts a nd, acc o r din g l y, e a c h inst a llm e nt p a y m e nt h ere und e r sh a ll a t a ll tim e s be c onsid e r e d a s e p a r a te a nd distin c t p a y m e nt. To the e x t e nt not so e x e mpt, this A g ree m e nt (a nd a n y d ef initions h ere und e r) w i ll be c onst r u e d in a m a nn e r th a t c ompli e s with S ec tion 4 09A a nd in c o r po ra t e s b y refe r e n c e a ll re qui r e d d ef initions a nd p a y m e nt t er ms. Notwithst a nding a n y p r ovision to the c ont ra r y in this Ag r e e m e nt, if the C omp a n y (o r, if a ppli ca bl e, the su c c e ss o r e nti t y th e r e to) d e t er m i n e s th a t a n y p a y m e nts upon y our S e p a ra tion Fr om S er vi c e s e t f o r th h ere in a nd/or und e r a n y oth e r a g r ee m e nt with the C omp a n y c onstitute “d ef e rre d c omp e n s a tion” und e r S ec tion 409A a n d y ou a re, on y our S e p a ra tion F r om S er vi c e, a “sp ec i f i e d e mpl o y e e” of the C omp a n y or a n y su c ce ssor e nti t y t h e re to, a s s u c h t er m is d ef in e d in S ec tion 409A(a)(2)(B)(i) of the C od e, th e n, sol e l y, to the e x t e nt n ece ss a r y to a void the in c u rre n c e of the a dv e r se p er son a l t a x c ons e qu e n ce s und e r S ec tion 4 0 9A, the timing of the p a y m e nts upon y our S e p ara tion F r om S er vi c e s h a ll be d e l a y e d until the ear li e r to o cc u r o f: (a) the d a te th a t is s i x mon t hs a nd one d a y a f t e r y o ur S e p ara tion Fr om S er v i ce, or (b) the d a te of y o ur d ea th (su c h a ppli c a ble d a t e, the “Sp ecified E m ployee Initial Pay me nt Dat e”). On the S p ec i f i e d Empl o y e e I ni t i a l Pa y m e nt D a t e, the C omp a n y (or the su c ce ssor e nti t y t h ere to, a s a ppli ca bl e) s h a ll (A) p a y y ou a lump sum a mount e qu a l to the sum of the p a y m e nts upon y o u r S e p ara tion Fr om S er vi c e th a t y ou would oth er wise h a ve r ece iv e d t h r ou g h the S p ec i f i e d Empl o y e e I niti a l P a y m e nt D a te i f the c omm e n ce m e nt of the p a y m e nt of the s e v e ra n c e b e n ef its h a d not b e e n so d e l a y e d pu r su a nt to this s e c tion, a nd (B) c omm e n c e p a y i ng t he b a l a n c e o f the s e v era n c e b e n e f its in a cc o r d a n c e with the a ppli ca ble p a y m e nt s c h e d u l e s s e t f o r th i n this Ag ree m e nt. E x ce pt to the minimum e xt e nt th a t p a y m e nts must be d e l a y e d b ec a use y ou a r e a “sp ec i f i e d e mpl o y e e” (a s d e s cr i b e d a bov e) or until the effec tiv e n e ss of the R e l ea s e, a ll a moun t s will be p a id a s soon a s p rac ti ca b l e in acc o r d a n c e with the C omp a n y’s n o r m a l p a y r oll p rac ti c es a nd no int ere st will be d u e on a n y a mounts so d e f e rre d.

17. B etter Af t er Tax P rovision. I f a n y p a y m e nt or b e n ef it th a t y ou will or m a y rece i v e fr om t h e C omp a n y or oth er wise (a “280G Pay me n t”) would (i) c onstitute a “p a rac hu t e p a y m e nt” within the m e a ning of Se c tion 280G of the C od e, a nd (ii) b u t f or this s e nt e n ce, be subj ec t to the e x c ise t a x impos e d b y S ec tion 4999 of the C ode (the “Excise Tax”), th e n a n y su ch

280G P a y m ent will be equal to the R edu ced Amount. The “R e du ce d A m o un t” will be either

(x) the l a r g e st po r tion of the 280G P a y m e nt th a t would re sult in no po r ti o n of the 280G P a y m e nt (af t e r re du c tion) b e ing s ubj ec t to the E x c ise T a x or (y) the l a r g e st po r tion, up t o a nd in c luding the tot a l, of the 28 0 G Pa y m e nt, wh i c h e v e r a mo u nt (i.e., the a mount d e t e r min e d b y c l a use (x) or b y c l a use (y)), af t e r t a k i ng into acc ount a ll a ppl i ca ble fe d e ra l, st a te a nd l o ca l e mpl o y m e nt t a x e s, in c ome t a x e s, a nd the Ex c ise T a x (a l l c omput e d a t the h i g h e st a ppli ca b l e m ar g i n a l r a t e), re sults in y o u r r ece ipt, on a n a f t er-t a x b a sis, of the g r e a t e r ec onomic b e n ef it no t withst a nding th a t a ll o r some po r tion of the 28 0 G Pa y m e nt m a y be subj ec t to the E x c ise T a x. I f a re d u c tion in a 28 0 G Pa y m e nt is re qui re d pu r s u a nt to the p r ece di n g s e nt e n c e a nd the R e d u ce d Amount is d e t er min e d pu r su a nt to c l a use (x) o f the p rece di n g s e nt e n c e, the re du c tion will o cc ur in the m a nn e r (the “R e du ct ion Met h o d”) t h a t re sults in the g r e a t e s t ec onomic b e n ef it f or y ou. I f mo r e th a n one m e thod of re du c tion will re sult in the s a me ec onomic b e n ef it, the it e ms so re du ce d will be re du ce d p r o ra ta (t h e “P r o Ra t a R e du ct ion Me t h o d”). Notwithst a nding the f o r e g oi n g, if the R e du c tion M e thod or t h e P r o R a t a R e d u c tion M e thod would r e sult in a n y p o r tion of the 28 0 G Pa y m e nt b e ing subj ec t t o t a x e s pu r su a nt to S ec t i on 409A of t h e C ode th a t would not oth er wise be subj ec t to t a x e s pu r s u a nt to S ec tion 409A of t he C od e, th e n the R e du c tion M e thod a nd/or the P r o R a ta R e du c tion M e t hod, a s the c a se m a y b e, will be modi f i e d so a s t o a void the impositi o n of t a x e s pu r su a nt to S ec tion 409A of the C ode a s f ollows: (A) a s a f i r st p r io r i t y, the modi f i ca tion will p re s er v e to t h e g r ea t e st e x t e nt possibl e, the g rea t e st ec onomic b e n e f it f or y ou a s d e t er min ed on a n af t e r-t a x b a sis; (B) a s a s e c ond p r io r i t y, 280G Pa y m e nts th a t a r e c onting e nt on f utu r e e v e nts (e.g., b e i n g t er m in a t e d without C a us e), will be re d u ce d (or e limin a t e d) b ef o r e 2 8 0G Pa y m e nts th a t a r e not c ontin g e nt on f utu r e e v e n ts; a nd (C) a s a thi r d p r io r i t y, 280G P a y m e nts th a t ar e “d ef e rre d c omp e ns a tion” within the m ea ning of Se c tion 409A of the C ode will be re du ce d (o r e limin a t e d) b ef o r e 280G P a y m e nts th a t ar e not “d efe r re d c o mp e ns a tion” within the m ea ning of Se c tion 40 9 A of the C od e. I f Se c tion 280G of t h e C ode is n ot a ppli ca ble b y l a w to y o u, the C omp a n y will d e t er mine wh e th e r a n y s i mil a r l a w in y o u r ju r isdi c tion a ppli e s a nd should be t a k e n into acc ount. T he ind e p e n d e nt p r o f e ssion a l f i r m e n g a g e d b y t h e C omp a n y f o r g e n era l t a x a udit pu r pos e s a s of the d a y p r ior to the ef f e c tive d a te o f the S e p a ra t i on D a te will m a ke a ll d e t er min a tions re qui r e d to be m a de und e r this s ec t ion. I f the f i r m so e n g a g e d b y t h e C omp a n y is s er ving a s acc oun t a nt or a uditor f or y ou, the C omp a n y will a ppoint a n a tion a l l y r e c o g ni z e d ind e p e nd e nt p r o f e ssion a l f i r m to m a ke the d e t er min a tions re qui re d h er e und er. The C omp a n y will b ea r a ll e x p e ns e s with re sp ec t to the d e t e r min a tions b y s u c h f i r m re qui re d to be m a de h ere und e r. The C omp a n y will use c omm erc i a l l y rea son a b l e e ff o r ts to c a u se the f i r m e n g a g e d to m a ke the d e t er min a tions h ere und e r to p r ovide its ca l c ul a tions, to g e th e r with d e t a il e d suppo r ting do c um e nt a tion, to the C omp a n y a nd y ou within thi r t y (3 0) ca l e nd a r d a y s a f t e r the d a te on whi c h y o ur r i g ht to a 280G Pa y m e nt b e c om e s r ea son a b l y lik e l y to o cc u r (if re q u e st e d a t th a t ti m e b y the C omp a n y or y ou) o r su c h oth e r time a s re q u e st e d b y the C omp a n y or y o u. I f y ou re c e ive a

280G Pa y m ent for whi ch the R educed Amount w as determined pu rsuant to clause (x) of the first par a g r aph of this section and the Inter n al R e v enue S ervi ce d etermines there a fter that some portion of the 280G Pa y m ent is subje ct to the Ex cise Ta x, you will promptly r eturn to the Compa ny a suffic i ent a mount of the 280G P a y m ent (after redu ction pursuant to clause (x) of the first par a g raph of this se ction) so that no portion of the remaining 280G P a y m ent is subject to the Ex cise Ta x. For the a voidance of doubt, if the R educed Amount was d etermined pu rsuant to clause (y) of the first pa r agraph of this se ction, y ou will have no obligation to return a ny po rtion of the 280G P a yment pursuant to the pre c eding s entence.

18.

MI SC ELL AN E O U S.

This Ag r eement, including its e xhibits, constitut es the

c ompl e t e, f in a l a nd e x c lusive e mbodim e nt of the e nti r e a g ree m e nt b e tw ee n y ou a nd the C omp a n y with r e g a r d to the subj ec t m a tt e r h e r e o f, in c luding without limit a t ion y our e mpl o y m e nt a g ree m e nt with the C omp a n y d a t e d A u g ust 18, 2 018. I t is e nt e re d into w ithout re li a n c e on a n y p r omise or re p r e s e nt a ti o n, w r itt e n o r o r a l, oth e r th a n those e x p re ss l y c o nt a in e d h e re in, a nd it sup er s e d e s a n y ot h e r a g r ee m e nts, p r omis e s, w a rr a nti e s or re p r e s e nt a tions c on cer ni n g its subj ect m a tt er. This A g r e e m e nt m a y not be modi f i e d or a m e nd e d e x ce pt in a w r it i ng si g n e d b y both y ou a nd a du l y a utho r i z e d o ff i ce r of t h e C omp a n y. This A g r e e m e nt will b i nd the h e i r s, p er so n a l re p re s e nt a tiv e s, s u cce ss o r s a n d a ssi g n s o f bo t h y o u a n d t h e C o m p a n y, a n d i nur e t o t h e b e n e f it o f bo t h y o u a n d t h e C o m p a n y, t h e i r h e i r s, s u c c e ss or s a n d a ssi g n s. I f a n y prov isi o n o f t h i s A g r ee m e n t i s d e t e r m i n e d t o b e i nv a l i d o r un e nf o r cea b l e, i n w ho l e o r in p a r t, t h i s d e t e r mi n a ti on s h a l l n o t a ff ec t a n y ot h e r p r ov i sion of this A g r ee m e nt a nd the p r ovisi o n in qu e stion sh a ll be modi f i e d so a s to b e r e n d e r e d e nfor cea b l e i n a m a nn e r c on s i st e n t w i th t h e i n t e nt o f t h e p a r t i e s i n s of a r a s p o ssi b l e und e r a ppli ca ble l a w. This Ag ree m e nt sh a ll be c on s t r u e d a nd e n f o rce d in acc o r d a n c e with the l a w s o f t h e St a t e o f C a li for nia w it hou t r e g a r d t o c onf l i c t s o f l a w pr i n c i p l e s. A n y a m b i g u i t y i n t h i s A g r ee m e n t s h a l l no t b e c on st ru e d a g a i n s t e it h e r p a r t y a s t h e dr a f t e r. A n y w a i v e r o f a br eac h o f t h is A g r ee m e n t, o r r i g h t s h e r e und e r, s h a l l b e in wr i t i n g a n d s h a ll n ot b e d ee m e d t o b e a w a i v e r o f a n y s u c c e ssive b r e a c h or r i g hts h ere un d er. T his A g r ee m e nt m a y b e e x ec ut e d in c oun t er p a r ts wh i c h s h a l l b e d ee m e d t o b e p a r t o f on e or i g i n a l, a n d f ac simil e a nd si g n a t ur e s t r a n s m itt e d by P D F sh a ll be e quiv a l e n t to o r i g in a l si g n a tu re s.

I f this A g r e e m e nt is ac c e pt a ble to y ou, pl ea se s i g n b e low a nd re t u r n the o r i g in a l to me within tw e n t y-o ne (21) d a y s af t e r the d a te y ou r ece i v e it. The C omp a n y’s o f f e r c ont a in e d h ere in will a utom a ti ca l l y e x pi r e if y ou do not si g n a nd r e tu r n it b y th a t d a t e.

We wish you the best in y our future e ndeavo rs.

Sincere l y,

Sonim Technologies, Inc.

I H A V E R E AD, UND E RS T AND, AND A G R E E F U LL Y T O T H E FO R E GO I N G A G R EEME N T:

Exhibit A – Separation Date R elease

Exhibit B – Employee Confidential In for mat ion and Invention Assignm ent Ag reem ent

EX H IBI T A

SE P ARA TI O N DA T E RELE ASE

(To be signed on Separation Date or w ithin twenty-one (21) Days thereafter)

In e x cha nge for the consideration to be provided to me pursuant to that certain letter transition and sepa r ation a g r e ement between me and Sonim Technolog i es, Inc. (the “C o m p a n y”) d ated [date] (the “Ag re e me n t”), I he r e by provide the following S epa r ation Da te R elease. C apitaliz ed terms used but not defined herein shall ha ve the m eanin gs ascrib ed to them in the Agreement.

I he re by r epre s ent that: (i) I ha ve been paid a ll compensation owed and have been paid f or all hours worked for the C ompa ny throu gh the S epa r ation Date; (ii) I h ave r ec eived all the leave and leave be n efits and protections for which I am eli g ible pursuant to the fe d er al Family and Medical L e ave Act or oth erwise; and (iii) I ha ve not suf f e red a ny on-the-job injury for which I ha ve not alrea dy filed a claim.

I he re by g e n erally and compl ete ly re l ease the Compa n y, and its affiliated, related, pa r ent and subsidia ry entities, and its and their current and former directors, officers, emplo y ees, shareholders, partn ers, agents, attorne ys, pre d e cessors, su ccessors, insurers, affiliates, and assigns from a ny and all claims, liabilities and oblig ations, both known and unknown, that arise out of or a re in a ny w ay r elated to e v ents, acts, c onduct, or omissions occ u rring prior to or on the date I sign this S epa r ation Date R elease (the “R e l e as e d Clai m s”). The R e l eased Claims include, but are not limited to: (i) all claims arising out of or in a ny way r elated to my emplo y m ent with the Compa n y, or the te rmination of that emplo yment; (ii) all claims rela t ed to my compensation or benef its from the C ompa n y, including sala r y, bonuses, commissions, vacation, paid time off, e xpense reimbursements, severa n ce pa y, f rin ge benefits, stock, stock options, or a ny other ownership, equit y, or profits interests in the C ompa n y; (iii) all claims for breach of contr act, wron g ful termination, a nd bre a ch of the implied covenant of good faith a nd fair d ealin g; (iv) all tort claims, including claims for fraud, de famation, emotional distress, and discha r ge in viola tion of public polic y; and (v) all fe d eral, state, a nd local statutory claims, including c l aims for discrimination, harassment, retaliation, attor n e ys’ f e es, or other claims a r ising und er the f ede r al Civil Rights Act of 1964 (as amende d), the f ede r al Americans with Disa bilities Act of 1990, the fede r al Age Discrimination in Emplo yment Act (“AD E A”), the C alifornia Fair Emplo yment and Housing A ct (as a m ended), and the C alifornia L abor Code (as a m ended).

Notwithstanding the f or e goin g, I am not he re by r eleasing a ny of the following c l aims (the “E x c l ud e d Clai m s”): (i) a ny r i ghts or claims for indemnification I may have pursuant to (A) the charte r, b y l aws or ope r ating agr e ements of the Compa n y, (B) a ny written indemnification agree m ent with the Compa ny to which I am a pa r ty or (C) or under applicable law; (ii) a ny r i ghts that are not w aivable as a matter of law; (iii) a ny r i ghts I h ave to file or pursue a claim for workers’ compens ation or unemplo y m ent insur ance; and (iv) a ny cla ims arising under the Agreement after the S e p aration Da t e. I und ersta nd that nothing in this R e l ease limits my ability to file a charge or complaint with a ny Gove r nment Ag e n c y. I further understand that this R elease does not limit my ability to communicate with a ny Gove rnment Agencies or otherwise participate in a ny inve stig ation or proc eeding that may be condu cted by a ny Gov ernment

Ag e n c y, i n c luding p r ov i ding d o c um e nts or ot h e r in f o r m a tion, w i thout not i c e to the C omp a n y. I und er st a nd th a t while this R e l ea se do e s not limit m y r i g ht to rece i v e a n a w ar d f o r in f o r m a tion p r ovid e d to the S ec u r iti e s a nd E x c h a nge C ommission, I und e r st a nd a nd a g r e e t h a t, to the m a x imum e x t e nt p er mit t e d b y l a w, I a m oth e r w ise w a iving a n y a nd a ll r i g hts I m a y h a v e to individu a l re li e f b a s e d on a n y c l a ims th a t I h a v e r e l ea s e d a nd a n y r i g hts I h a ve w a iv e d b y s i g ning this R e l ea s e. I h ere b y re p re s e nt a nd w a rra nt t h a t, oth e r th a n the E x c lud e d C l a ims, I a m not a w a r e of a n y c l a ims th a t I h a ve or m i g ht h a ve a g a inst a n y o f the p ar ti e s r e l ea s e d a bove th a t a r e not in c lud e d in the R e l e a s e d C l a ims.

I a cknowle d ge that I am knowing ly and voluntarily waiving and rele asing a ny r i ghts I may ha ve under the ADEA (“R e l e ase AD E A Waiv er”). I also acknowle d ge that the consideration giv en for the R elease ADEA W aiver is in addition to a n ything of value to whi ch I am alr ea dy entitled. I f u rther a cknowle d ge th at I ha ve been advised by this writing, as requir ed by the ADEA, that: (a) my w aiver and re l ea se does not apply to a ny rights or claims that arise after the da te I si gn this S eparation Date R elease; (b) I should c onsult with an attorney prior to signing this S eparation Date R ele a s e; (c) I ha ve twent y-one (21) da ys to consider this S eparation Date R elease (although I may choose to voluntarily sign it sooner); (d) I h ave s even (7) d a ys following the date I si gn this S epa r ation Date R ele ase to r e voke it, with such revoc ation to be ef f ective only if I deliver written notice of re vocation to the Compa ny within the seven (7)-day period; and (e) the S eparation D ate R ele ase will not be e ff e ctive until the date upon which the revo cation period has e xpired un e x ercised, which will be the e i ghth day after I sign it (the “R e l e ase E ff ect ive Da te”).

In giving the g e n eral rele ase of claims he rein, whi ch inc ludes cla ims that m ay be unknown to me at pre s ent, I acknowle dge that I have r ead and understand Se ction 1542 of the C alifornia Civil Code, which reads as follows: “A g e n er al re l e a s e d o e s n ot e x te n d t o c lai m s t h at t h e cre d i t o r or re l e asi n g p a rt y d o e s n ot k n o w or s u s p ec t t o e xist in h is or h e r f avor at t h e t i m e of e x ec u t i n g t h e re l e a s e a n d t h a t, i f kn o w n b y h i m or he r, w o u ld h ave m a ter ially a ff ecte d h is or h e r s e t t l e m e n t w i t h t h e d e b t or o r r e l e as e d p a rt y.” I he re by e xpressly waive and relinquish all rights and bene fits under that section and a ny law of a ny other jurisdiction of similar effect with respect to the releases g r anted herein, including, without limitation, the release of unknown and unsuspected claims granted in this S eparation Date R elea s e.

This S eparation D ate R elease, together with the A g r e ement (and its Exhibits), constitutes the entire agree m ent be t w e en me, and the Compa ny with respe ct to the subje ct matter h ere o f. I am not re l ying on a ny repr e s entation not contained he rein or in the A g r eement.

UNDERSTOOD AND AGREED:

| B y: | Robert Plaschke |

Date:

E X H IBI T B

EM PLOYMENT CON FIDENTIAL IN FORMATION AND INVENTION ASSIGNMENT AGREEMENT