Blackbaud Unveils Updated Retirement Program With Continued Equity Vesting for Eligible Employees
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Blackbaud Inc. has updated its retirement program for LTI equity awards effective January 1, 2026. Eligible employees retiring at age 60+ with six months' notice can continue vesting in LTI awards post-retirement. Time-based awards follow the original schedule; performance-based awards vest based on annual performance results. Requirements include retirement approval, satisfactory performance, and a separation agreement. Changes don't affect current awards. This AI-generated brief is for informational purposes only.
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