Sonim Technologies Approves Contingent Retention Bonus for CFO Tied to Asset Sale
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Sonim Technologies approved a contingent cash retention bonus for CFO Clay Crolius, linked to an asset sale with Pace Car Acquisition LLC and Social Mobile Technology Holdings LLC. The bonus, based on $100,000 worth of RSUs, will be paid in cash upon deal closure. If the agreement is terminated, the bonus is void. Executive Chairman Michael Mulica's RSU award is pending due to insufficient shares. This AI-generated news is for informational purposes only.
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