BUSINESS COMBINATION AGREEMENT By and Among KORE GROUP HOLDINGS, INC., BMP SIMON HOLDINGS, LLC, BMP MERGER SUB I, INC., BMP MERGER SUB II, INC., BUSINESS MOBILITY PARTNERS INC. SIMON IOT LLC, and each of JARED DEITH, STEVEN DANESHGAR, DAVID ISLER,...Business Combination Agreement • February 23rd, 2022 • KORE Group Holdings, Inc. • Telephone communications (no radiotelephone) • Delaware
THIS BUSINESS COMBINATION AGREEMENT (this “Agreement”) is entered into as of February 16, 2022 by and among (a) BMP Simon Holdings, LLC, a Delaware limited liability company (“Buyer”), (b) KORE Group Holdings, Inc., a Delaware corporation (“KORE”), (c) BMP Merger Sub I, Inc., a Delaware corporation (“Merger Sub I”), (d) BMP Merger Sub II, Inc., a Delaware corporation (“Merger Sub II”), (e) Business Mobility Partners Inc., a Delaware corporation (“BMP”), (f) Simon IoT LLC, a New York limited liability company (“Simon” and together with BMP, the “Acquired Companies” and each an “Acquired Company”), (g) each of Jared Deith, Steven Daneshgar, David Isler, Stuart Lowenstein and Aaron Slonim (each a “Seller” and collectively the “Sellers”) and (h) Jared Deith, solely in his capacity as the representative of Sellers (the “Representative”). Buyer, the Acquired Companies, and Sellers are sometimes individually referred to as a “Party”, and collectively, as the “Parties.” Capitalized terms used
