On November 30, 2017, Wireless Telecom Group, Inc. entered into a Separation Agreement with Joseph Debold, Senior Vice President of Global Sales and Marketing. Mr. Debold will step down from his position as Senior Vice President of Global Sales and Marketing on December 1, 2017, but will continue with the company to assist in the transition of his functions until December 31, 2017. Pursuant to the Separation Agreement, after his departure from the company, the company will pay to Mr. Debold a lump sum amount of $243,750.00, and Mr. Debold will provide a general release of claims against the company and its affiliates and agree to refrain from competing with the company and from soliciting company employees and clients through September 30, 2018.