Company: BL
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001666134-25-000011
Chunk: 82

Company: BLACKLINE, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 82
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 a period of up to 12 months or a taxable lump sum payment in lieu of payment or reimbursement, as applicable.

If we terminate an executive officer’s employment other than for “cause,” death, or “disability” outside of the applicable change of control period, such executive officer will be eligible to receive the following severance benefits (less applicable tax withholdings):

• A lump sum cash amount equal to six (6) months of the executive officer’s base salary in effect immediately prior to the termination;

• Payment or reimbursement of continued health coverage for the executive officer and the executive officer’s eligible dependents under COBRA for a period of up to six months (6) or a taxable lump sum payment in lieu of payment or reimbursement, as applicable; and

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• For Mr. Duan and Mr. Ung, upon a termination by the Company other than for “cause” within the first twelve (12) months of employment only, accelerated vesting of the time-based restricted stock units granted pursuant to the executive’s offer letter and scheduled to vest on that award’s first vesting date.

To receive the severance benefits upon a qualifying termination, an executive officer must sign and not revoke our standard separation agreement and release of claims within the timeframe set forth in the Policy. If any of the payments provided for under the Policy or otherwise payable to an executive officer would constitute “parachute payments” within the meaning of Section 280G of the Code and would be subject to the related excise tax under Section 4999 of the Code, then the executive officer will be entitled to receive either full payment of benefits or such lesser amount which would result in no portion of the benefits being subject to the excise tax, whichever results in the greater amount of after-tax benefits to him or her. The Policy does not require us to provide any tax gross-up payments to any executive officer.

#### Equity Award Acceleration Terms
In the event of a change of control during the performance period for our 2024 PSUs subject to a rTSR performance measure, the performance period will be truncated and the number of PSUs that become eligible for vesting will be determined based on rTSR performance for the period beginning January 1, 2024 and ending on the date immediately preceding the change of control. In the event of a change of control during the performance period for our other PSUs, performance goals for each open performance period will be deemed satisfied as of closing at