KORE GROUP HOLDINGS, INC. LONG-TERM CASH AWARD AGREEMENTLong-Term Cash Award Agreement • August 14th, 2024 • KORE Group Holdings, Inc. • Communications services, nec • Delaware
This Long-Term Cash Award Agreement (this “Agreement”) is hereby entered into, effective as of the date set forth below (the “Effective Date”), by and between [__________] (the “Grantee”) and KORE Group Holdings, Inc. (the “Company”). The purpose of the Agreement is to provide a long-term incentive benefit to the Grantee in the form of a cash award (the “Cash Award”) subject to the terms and conditions set forth herein.
GENERAL RELEASEKORE Group Holdings, Inc. • August 14th, 2024 • Communications services, nec
I, Romil Bahl, in consideration of and subject to the performance by KORE Group Holdings, Inc. (together with its subsidiaries, the “Company”), of its obligations under the Amended and Restated Executive Employment Agreement dated as of November 17, 2021 (the “Agreement”), do hereby release and forever discharge as of the date hereof the Company and its respective affiliates and all present, former and future managers, directors, officers, employees, successors and assigns of the Company and its affiliates and direct or indirect owners (collectively, the “Released Parties”) to the extent provided below (this “General Release”). The Released Parties are intended to be third-party beneficiaries of this General Release, and this General Release may be enforced by each of them in accordance with the terms hereof in respect of the rights granted to such Released Parties hereunder. Terms used herein but not otherwise defined shall have the meanings given to them in the Agreement.
