Separation of Employment; Accrued Compensation. Employee’s last date of employment with Blackbaud will be __________________________ (the “Separation Date”). Regardless of whether Employee signs this Agreement, in accordance with Section 5.1 of the Employment Agreement, Blackbaud will make payment to Employee for: (a) any accrued, unpaid Base Salary through the Separation Date; (b) payment for any Bonus Compensation which has been awarded but not paid for calendar years prior to the year in which termination of Employee’s employment occurs (except in the case of Employee’s termination for Cause or resignation without Good Reason, unless other required by applicable law); (c) reimbursement for any unreimbursed expenses in accordance with the Company’s policies; and (d) payment of other amounts, entitlements and/or benefits, if any, to which Employee is entitled in accordance with applicable law and applicable plans, programs, arrangements and/or other agreements of the Company and any affiliate.
Separation of Employment; Accrued Compensation. Employee’s last date of employment with Blackbaud will be (the “Separation Date”). Regardless of whether Employee signs this Agreement, in accordance with Section 5.1 of the Employment Agreement, Blackbaud will make payment to Employee for: (a) any accrued, unpaid Base Salary through the Separation Date; (b) payment for any Bonus Compensation which has been awarded but not paid for calendar years prior to the year in which termination of Employee’s employment occurs, (c) any accrued, unpaid vacation time through the Separation Date; (d) reimbursement for any unreimbursed expenses in accordance with Blackbaud’s policies; (e) participation in plans, programs, arrangements and/or other agreements of Blackbaud and any affiliate through the Separation Date and thereafter in accordance with the terms thereof; and (f) payment of other amounts, entitlements and/or benefits, if any, in accordance with applicable plans, programs, arrangements and/or other agreements of the Company and any affiliate.
Separation of Employment; Accrued Compensation. Employee’s last date of employment with Blackbaud will be (the “Separation Date”). Regardless of whether Employee signs this Agreement, in accordance with Section 5.1 of the Employment Agreement, Blackbaud will make payment to Employee for: (a) any accrued, unpaid Base Salary and a pro-rata share of the target Bonus Compensation accrued through the Separation Date; (b) any accrued, unpaid vacation time through the Separation Date; (c) reimbursement for any unreimbursed expenses in accordance with Blackbaud’s policies; and (d) participation in any Blackbaud benefit plans or programs through the Separation Date.
