Common use of Valuable Consideration Clause in Contracts

Valuable Consideration. 2.1. Company agrees to Executive the sum of $2,124,087.61 (“Separation Payment”). This sum is calculated as follows: 2x sum of base salary + target bonus, or 2 x ($442,000 + $397,800) = $1,679,600, plus Prorated bonus, based on February 2025 bonus prorated through November 5, 2025, or $444,487.61. 2.2. The Separation Payment will be paid in a lump sum within 10 business days after the Termination Date and will be less required withholding. 2.3. Assuming Executive timely elects to continue his health insurance pursuant to COBRA, Company will pay the full premiums on his behalf for 18 months or until he is eligible for the benefits of another employer, whichever occurs first. All accrued but unused PTO will be paid out on Executive's final paycheck less required withholding. 2.4. Workiva will also accelerate the vesting of all Equity Awards unvested as of the Termination Date, subject to Executive’s timely execution and non-revocation of this Agreement. Any delays in the settlement or payment of such awards that are set forth in the applicable award agreement or the Workiva Inc. Nonqualified Deferred Compensation Plan, or that are required under § 409A of the Internal Revenue Code, will remain in effect. For the avoidance of doubt, (i) Equity Awards which are restricted stock units (other than performance stock units) will vest in full on the Termination Date, and (ii) Equity Awards which are performance stock units will vest at target performance. 2.5. If a Change in Control (as defined in the Employment Agreement) occurs within three months following the Termination Date, Executive will be entitled to receive an additional payment of $1,237,600 (i.e. 1x sum of base salary + target bonus), which is the additional amount due under Section 5.4 of the Employment Agreement. 2.6. Executive acknowledges that the benefits described above are being provided to him as required by the Employment Agreement and in exchange for his entering into this Agreement.

Valuable Consideration. 2.1. Company agrees to pay Executive the sum of $2,124,087.61 1,928,321.53 (“Separation Payment”). This sum is calculated as follows: 2x sum of base salary + target bonus, or 2 x ($442,000 430,000 + $397,800322,500) = $1,679,6001,505,000, plus Prorated bonus, based on February 2025 bonus prorated through November 5December 26, 2025, or $444,487.61423,321.53. 2.2. The Separation Payment will be paid in a lump sum within 10 business days after the Termination Date and will be less required withholding. 2.3. Assuming Executive timely elects to continue his her health insurance pursuant to COBRA, Company will pay the full premiums on his her behalf for 18 months or until he she is eligible for the benefits of another employer, whichever occurs first. All accrued but unused PTO will be paid out on Executive's final paycheck less required withholding. 2.4. Workiva will also accelerate the vesting of all Equity Awards unvested as of the Termination Date, subject to Executive’s timely execution and non-revocation of this Agreement. Any delays in the settlement or payment of such awards that are set forth in the applicable award agreement or the Workiva Inc. Nonqualified Deferred Compensation Plan, or that are required under § 409A of the Internal Revenue Code, will remain in effect. For the avoidance of doubt, (i) Equity Awards which are restricted stock units (other than performance stock units) will vest in full on the Termination Date, and (ii) Equity Awards which are performance stock units will vest at target performance. 2.5. If a Change in Control (as defined in the Employment Agreement) occurs within three months following the Termination Date, Executive will be entitled to receive an additional payment of $1,237,600 1,075,000 (i.e. 1x sum of base salary + target bonus), which is the additional amount due under Section 5.4 4.4 of the Employment Agreement. 2.6. Executive acknowledges that the benefits described above are being provided to him as required by the Employment Agreement and her expressly in exchange for his her entering into this Agreement and are subject to her compliance with all applicable terms of this Agreement and the Employment Agreement.