Document:

EX-10.21

 Exhibit 10.21 

July 29, 2019 
 Custodio Toledo 

[***] 
  

	Re:	 Employment with Black Mountain Systems, LLC 

Dear Custodio: 
 As you know, on the date hereof,
BMS Holdings, LLC, a Delaware limited liability company (“Parent”) affiliated with Vista Equity Partners Management, LLC and which owns Black Mountain Systems, LLC (as such company’s name may change from time to time and
including such company’s successors and assigns, the “Company”) entered into that certain Securities Purchase and Exchange Agreement by and among Parent, Vertice Technologies, LLC, AMCCAS, LLC and SAMFA, LLC for the
acquisition of Vertice Technologies (such transaction, the “Transaction”). We are very excited about this opportunity and value the role that you can serve on our team going forward. This letter sets forth the terms of your
employment by the Company following consummation of the Transaction. 
 1. You will be the Chief Product and Strategy Officer of the
combined Company, reporting to the Chief Executive Officer of the Company. In this capacity, you will have the responsibilities and duties consistent with such position. For so long as you hold such position, you will hold a seat on the board of
managers of the Parent (“Board”). 
 2. Your starting base salary will be $350,000 per year, less deductions and
withholdings required by law or authorized by you, and will be subject to review annually (the “Base Salary”). Your Base Salary may be adjusted upward in the sole discretion of the Board, but in no event shall your Base
Salary be less than $350,000 per year. Your Base Salary will be paid by the Company in regular installments in accordance with the Company’s general payroll practices as in effect from time to time. 

With respect to your bonus opportunities for each bonus period beginning on and after January 1, 2019, you will be eligible to receive a
bonus of up to $233,000 (the “Bonus”); provided that such target percentage may increase, in the Board’s sole discretion, with the growth of the Company in subsequent years. The amount of the Bonus will be awarded
at the sole discretion of the Board, based on the Board’s determination as to your achievement of predetermined thresholds, which may include, but are not limited to, management by objectives (“MBOs”) and financial
targets such as revenue, recurring revenue, gross profit and/or EBITDA targets. In addition, you will be eligible for each bonus period beginning on and after January 1, 2019 for an additional bonus of up to $117,000, awarded at the sole
discretion of the Board, based on the Board’s determination as to your achievement of “stretch” targets. You shall be eligible for a pro-rated Bonus and “stretch” bonus in respect of
the 2019 calendar year. 
 The bonus formulas, MBOs, performance milestones and all other elements of your bonus opportunities shall be
established by the Board in its sole discretion and communicated in writing (including by e-mail) to you from time to time. Any bonus earned for a fiscal year shall be paid within thirty (30) days after
the Board has received, reviewed and approved the applicable fiscal year’s final audited financial statements. Except as set forth in Section 9 hereof, your eligibility for and receipt of a Bonus for any applicable fiscal year shall be
subject to your continued employment on the applicable payment date. 

 3. You also will be eligible to participate in regular health, dental and vision insurance
plans and other employee benefit plans established by the Company applicable to executive-level employees from time to time, so long as they remain generally available to the Company’s executive-level employees. 

4. Your position currently is based in Miami, Florida, and you shall be based in Miami, Florida during your employment with the Company. Your
duties may involve extensive domestic and international travel. 
 5. You shall be considered to receive equity and other long-term
incentive awards under any applicable plan adopted by the Company for which employees are generally eligible. The level of your participation in any such plan, if any, shall be determined in the sole discretion of the Board from time to time. 

You will be eligible to receive a certain amount of incentive equity (the “Incentive Equity”) of the Company, which
Incentive Equity shall be issued under the Parent’s Amended and Restated Limited Liability Company Agreement, dated July 1, 2019 (as amended, restated or otherwise modified from time to time, the “LLC Agreement”).
Incentive Equity shall be comprised of awards intended to be treated as “profits interests” for federal income tax purposes pursuant to Revenue Procedures 93-27 and
2001-43. 
 The Incentive Equity that you are eligible to receive will be subject to the terms
(including, the participation thresholds) as set forth in the LLC Agreement (other than the terms related to repurchase, which are set forth in the grant agreement to which you will be a party (the “Grant
Agreement”)) and the Grant Agreement. 
 6. You must complete the following as a condition of your employment: 

 

	 	•	 	 In consideration of and as a condition of employment, you must carefully consider and sign the Company’s
standard “Employment and Restrictive Covenants Agreement” (attached to this letter as Exhibit A). Because the Company and its affiliates are engaged in a continuous program of research, development, production and marketing
in connection with their business, we wish to reiterate that it is critical for the Company and its affiliates to preserve and protect its proprietary information and its rights in inventions. 

 

	 	•	 	 So that the Company has proper records of inventions that may belong to you, we ask that you also complete
Schedule 1 attached to Exhibit A. 

  

	 	•	 	 You and the Company mutually agree that any disputes that may arise regarding your employment will be submitted
to binding arbitration by the American Arbitration Association. As a condition of your employment, you will need to carefully consider and voluntarily agree to the arbitration clause set forth in Section 14 of Exhibit A.

 7. We also wish to remind you that, as a condition of your employment, you are expected to abide by the Parent’s,
the Company’s, and their direct and indirect subsidiaries’ written 

  
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policies and procedures, which policies and procedures may be amended from time to time, at the Company’s sole discretion and employees will be notified of any amendments to such policies
and procedures. The Company has provided to you copies of current, applicable policies, as of the effective date of this Agreement and prior to your execution of this Agreement. 

8. The Company hereby employs you, and you hereby accept employment with the Company, all in accordance with the terms and conditions set
forth herein, for a period of three years (the “Initial Term”) commencing as of the date the Transaction is consummated (the “Commencement Date”) and ending three (3) years after the Commencement
Date. After the Initial Term, this Agreement shall automatically renew for successive one-year terms (each, a “Renewal Term”) under the same terms and conditions
set forth herein unless: (a) the Agreement is earlier terminated or amended as provided herein, or (b) the Company or Executive gives written notice of non-renewal at least sixty (60) days prior
to the end of the Initial Term or any renewal term of this Agreement. If the Company gives notice later than sixty (60) days prior to the end of the contract term, then the term of this Agreement shall be extended until the date which is sixty
(60) days after the date such notice is given, during which time you may seek alternative employment while still being employed by the Company. Notwithstanding any other provisions in this Agreement or any Exhibit hereto, you or the Company may
terminate your employment with the Company at any time and for any reason or no reason by giving notice in writing to the other party; provided that you shall give the Company notice of not less than four (4) weeks (“Notice
Period”), unless otherwise agreed to in writing by you and the Company. In the event of such notice, the Company reserves the right, in its discretion, to give immediate effect to your resignation in lieu of requiring or allowing you to
continue work throughout the Notice Period; provided that the Company pays your Base Salary in lieu of the Notice Period. You shall continue to be an employee of the Company during the Notice Period, and thus owe to the Company the same duty of
loyalty you owed it prior to giving notice of your termination. The Company may, during the Notice Period, relieve you of all of your duties and prohibit you from entering the Company’s offices. 

9. During the Initial Term or any Renewal Term, if the Company terminates your employment without “Cause” (excluding terminations
for death or Disability) or you voluntarily terminate your employment for a “Good Reason”, you will be entitled to receive a severance payment in the form of continued payment of your then-current Base Salary for 12 months and, at the sole
discretion of the Board, a pro-rated portion of any bonus that may have been earned by you during the fiscal year in which such termination occurs, based on actual performance and paid when bonuses are
otherwise paid for such fiscal year, in each case, less deductions and withholdings required by law or authorized by you (the “Severance Pay”). For purposes of this section, “Cause,”
“Disability” and “Good Reason” have the meanings set forth in Exhibit B attached hereto. The Company will not be required to pay the Severance Pay unless (a) you execute and deliver
to the Company an agreement (“Release Agreement”) in the form attached hereto as Exhibit C releasing from all liability (other than the payments and benefits contemplated by this letter) the Company, each member
of the Company, and any of their respective past or present officers, directors, managers, employees investors, agents or affiliates, including Vista, and you do not revoke such Release Agreement during any applicable revocation period,
(b) such Release Agreement is executed and delivered (and no longer subject to revocation, if applicable) within sixty (60) days following the date of your termination of employment, and (c) you have not breached the provisions of
Sections 4 through 10 and 16 of Exhibit A, the terms of this letter or 

  
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any other agreement between you and the Company or the provisions of the Release Agreement. If the Release Agreement is executed and delivered and no longer subject to revocation as provided in
the preceding sentence, then the Severance Pay shall be paid in accordance with the Company’s general payroll practices at the time of termination and commencing on the first regularly scheduled pay date following the sixtieth (60th) day
following your termination of employment. The first payment of Severance Pay shall include payment of all amounts that otherwise would have been due prior thereto under the terms of this letter had such payments commenced immediately upon your
termination of employment, and any payments made thereafter shall continue as provided herein. For the avoidance of doubt, if your employment is terminated for any reason other than by the Company without Cause (excluding terminations for death or
Disability) or by you voluntarily for a Good Reason, you shall not be entitled to the Severance Pay. 
 10. You shall not make any statement
that would libel, slander, defame, or disparage the Company, any member of the Company or its affiliates or any of their respective past or present officers, directors, managers, stockholders, employees, independent contractors, or agents; provided,
however, this provision in no way restricts or limits your right to provide truthful information or testimony as required by law or your right to engage in protected activity under applicable law. Nothing in this provision shall prevent you from
engaging in communications protected under the National Labor Relations Act, filing a charge or providing information to any governmental agency, or from providing information in response to a subpoena or other enforceable legal process or as
otherwise required by law. Likewise, these non-disparagement obligations, do not limit your ability to truthfully communicate with any administrative agency including the Equal Employment Opportunity
Commission (EEOC), Department of Labor (DOL), National Labor Relations Board (NLRB), the Financial Industry Regulatory Authority (FINRA), or the U.S. Securities and Exchange Commission (SEC) and comparable state or local agencies or departments
whether such communication is initiated by you or in response to the government. 
 11. [RESERVED] 

12. Please note that because of employer regulations adopted in the Immigration Reform and Control Act of 1986, within three (3) business
days of starting your new position you will need to present documentation establishing your identity and demonstrating that you have authorization to work in the United States. If you have questions about this requirement, which applies to U.S.
citizens and non-U.S. citizens alike, you may contact our personnel office. 
 13. It should also be
understood that all offers of employment are conditioned on the Company’s completion of a satisfactory background check, including a drug screening process. The Company reserves the right to perform background checks during the term of your
employment, subject to compliance with applicable laws. You will be required to execute forms authorizing such a background check. 

14. This letter along with its Exhibits and the documents referred to herein constitute the entire agreement and understanding of the parties
with respect to the subject matter of this letter, and supersede all prior understandings and agreements, including but not limited to severance, employment or similar agreements, whether oral or written, between or among you and the Company or its
predecessor with respect to the specific subject matter hereof. 

  
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 15. In the event of a conflict between the terms of this letter and the provisions of
Exhibit A, the terms of this letter shall prevail. 
 16. Notwithstanding any other provision herein, the Company shall be entitled
to withhold from any amounts otherwise payable hereunder any amounts required to be withheld in respect of federal, state or local taxes. 

17. The intent of the parties is that payments and benefits under this letter be exempt from or comply with Code Section 409A and the
regulations and guidance promulgated thereunder (collectively “Code Section 409A”) and, accordingly, to the maximum extent permitted, this letter shall be interpreted to be in compliance
therewith. In no event whatsoever shall the Company be liable for any additional tax, interest or penalty that may be imposed on you by Code Section 409A or damages for failing to comply with Code Section 409A. A termination of employment
shall not be deemed to have occurred for purposes of any provision of this letter providing for the payment of any amounts or benefits upon or following a termination of employment unless such termination is also a “separation from
service” within the meaning of Code Section 409A and, for purposes of any such provision of this letter, references to a “termination,” “termination of employment” or like terms shall mean “separation from
service.” Notwithstanding anything to the contrary in this Agreement, if you are deemed on the date of termination to be a “specified employee” within the meaning of that term under Code Section 409A(a)(2)(B), then with regard to
any payment or the provision of any benefit that is considered deferred compensation under Code Section 409A payable on account of a “separation from service,” such payment or benefit shall not be made or provided until the date which
is the earlier of (A) the expiration of the six (6)-month period measured from the date of such “separation from service”, and (B) the date of your death, to the extent required under Code Section 409A. For purposes of Code
Section 409A, your right to receive any installment payments pursuant to this letter shall be treated as a right to receive a series of separate and distinct payments. To the extent that reimbursements or other
in-kind benefits under this letter constitute “nonqualified deferred compensation” for purposes of Code Section 409A, (a) all such expenses or other reimbursements hereunder shall be made
on or prior to the last day of the taxable year following the taxable year in which such expenses were incurred by you, (b) any right to such reimbursement or in-kind benefits shall not be subject to
liquidation or exchange for another benefit, and (c) no such reimbursement, expenses eligible for reimbursement, or in-kind benefits provided in any taxable year shall in any way affect the expenses
eligible for reimbursement, or in-kind benefits to be provided, in any other taxable year. Notwithstanding any other provision of this letter to the contrary, in no event shall any payment under this letter
that constitutes “nonqualified deferred compensation” for purposes of Code Section 409A be subject to offset by any other amount unless otherwise permitted by Code Section 409A. 

18. The effective date of employment under the terms of this offer is expected to be immediately following consummation of the Transaction. If
the Transaction is not consummated for any reason, this Agreement shall automatically terminate. If you decide to accept the terms of this letter, and I hope you will, please signify your acceptance of these conditions of employment by signing and
dating the enclosed copy of this letter and its Exhibit A and returning them to me, not later than July 29, 2019. Should you have anything that you wish to discuss, please do not hesitate to contact [***] at [***] or [***]. 

  
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 By signing this letter and Exhibit A attached hereto, you represent and warrant that you have had the
opportunity to seek the advice of independent counsel before signing and have either done so, or have freely chosen not to do so, and either way, you sign this letter voluntarily. 

 

			
	 Very truly yours,

	
	 Black Mountain Systems, LLC

	
	 By: BMS Holdings, LLC, its sole Member

	
	/s/ Jeff Wilson
	 Name:
	 	 Jeff Wilson

	 Title: 
	 	 Senior Vice President

 I have read and understood this letter and Exhibit A attached and hereby acknowledge, accept and agree to the
terms set forth therein. 
  

									
				
	/s/ Custodio Toledo	 	  
	 	Date Signed:	 	July 29, 2019
	 Signature
	 		 		 	
	 Name: Custodio Toledo
	 		 		 	

 LIST OF EXHIBITS 

Exhibit A: Employment and Restrictive Covenants Agreement 

Exhibit B: Certain Definitions 

  
 6EX-10.22

 Exhibit 10.22 

PERSONAL & CONFIDENTIAL 
 ELECTRONICALLY
DELIVERED 
 Custodio Toledo 
 [***] 

 

	Re:	 Severance Agreement and General Release (“Agreement”) 

Dear Custodio, 
 This letter shall confirm our conversation on
November 18, 2020 during which you and Allvue Systems, LLC (“Company”) have mutually agreed the decision to terminate your employment. As we discussed November 18, 2020 (“Notice Date”), the Company,
although it is under no obligation to do so, has offered you severance pay in exchange for your release of all claims as described below. As we discussed, your separation from Company will be effective December 3, 2020 (“Separation
Date”). It is also agreed, in conjunction with your termination, you will provide the Company written notice resigning from the Board of the Company effective December 3, 2020. 

You will be paid your final wages earned through your separation date, including payment of any hours of accrued, but unused vacation pay, less statutory
deductions and withholdings on Company’s next regularly scheduled pay day (the “Accrued Benefits”). As a result of your separation, if you participate in Company’s health plans your coverage will end on December 31,
2020. However, because your separation is a “qualifying event” under the federal law known as COBRA, you will have the right to elect to continue coverage under the group health plan for yourself and your dependents, who were covered under
the group health plan on the date of the qualifying event, regardless of whether you sign this Agreement. You will receive a separate letter regarding COBRA continuation. The Company agrees to provide twelve (12) months of benefits at your
enrolled coverage and rates for the remainder of 2020 and through to December 31, 2021. You will receive all Accrued Benefits regardless of whether you sign this Agreement or not. 

As we also discussed, if you sign and return a copy of this Agreement and do not revoke this Agreement, Company will provide you with severance pay as
described below. You have twenty-one (21) days after the Separation Date to consider and accept this offer. After you sign the Agreement, you may revoke this Agreement within seven (7) days of
signing it (“Revocation Period”). Accordingly, since your separation Date is December 3, 2020 you must sign and return this letter by December 24, 2020, however, under no circumstances may you sign the Agreement prior
to your separation date of December 3, 2020. You also are hereby advised to consult with an attorney before signing this Agreement. If you do not timely accept this Agreement without revoking this Agreement, then you will not
receive these severance benefits, and the offer will expire, although you will receive all of the Accrued Benefits described in the paragraphs above regardless of whether you sign this Agreement or not. 

The terms and conditions for receiving the Severance Benefits are described in further detail below. 

1. Severance Benefit: Provided that you (1) sign and return this Agreement to Company on or prior to December 24,
2020, (2) do not revoke this Agreement during the Revocation Period, and (3) comply with the material terms of this Agreement, Company will pay you a severance 

  

			
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payment consisting of: (i) $350,000.00, less statutory deductions and withholdings (“Severance Pay”). This payment is equivalent to one year’s salary continuance. The
Severance Pay is payable over a period of twelve (12) months in accordance with the Company’s normal payroll practices, on the Company’s regularly scheduled payroll dates, and commencing with the first regularly scheduled payroll date
that occurs on or after the effectiveness of the Agreement, with the first payment being equal to the number of business days between the Separation Date and the date of the first payment multiplied by the Executive’s daily base salary rate;
and (ii) Executive’s pro-rated annual bonus for the Company’s 2020 fiscal year based on actual performance and payable in a lump-sum on the date when the
2020 annual bonuses are paid to the Company’s executives. 
 Each of the payments under (i) and (ii) of the foregoing will be reduced by
applicable statutory deductions and withholdings required by law or authorized by yourself, the Executive. For the avoidance of doubt, in the event that the Agreement is not executed (and not revoked) and delivered to the Company on or during the twenty-one (21) days following the Separation Date and seven (7) day Revocation Period, the benefits described herein shall be forfeited. Furthermore, you acknowledge that you are not otherwise entitled to
receive this Severance Pay from Company, which constitutes valid consideration in exchange for your release of all claims and the other obligations set for in this Agreement. 

2. Compliance with Section 409A: The parties to this Agreement intend that the Agreement
complies with Section 409A of the Internal Revenue Code of 1986 (the “Code”), where applicable, and this Agreement shall be interpreted in a manner consistent with that intention. A separation of employment shall not be deemed
to have occurred for purposes of any provision of this Agreement providing for the payment of any amounts or benefits upon or following a separation of employment unless such separation qualifies as a “separation from service” within the
meaning of Section 409A of the Code and, for purposes of any such provision of this Agreement, references to a “separation,” “separation of employment” or like terms shall mean “separation from service.”
Notwithstanding any other provisions of this Agreement to the contrary, and solely to the extent necessary for compliance with Section 409A of the Code and not otherwise eligible for exclusion from the requirements of Section 409A, if as
of the date of your separation from service from Company, (i) you are deemed to be a “specified employee” (within the meaning of Section 409A of the Code and the applicable regulations), and (ii) Company or any member of a
controlled group including Company is publicly traded on an established securities market or otherwise, no payment or other distribution required to be made to you hereunder (including any payment of cash, any transfer of property and any provision
of taxable benefits) solely as a result of your separation from service shall be made earlier than the first day of the seventh month following the date on which you separate from service with Company. 

3. General Release: In consideration for the severance benefits expressly provided for in this Agreement, Custodio Toledo
(hereinafter “you” or “your”) hereby agrees, for yourself and your heirs, successors and assigns, to hereby waive, release, acquit and forever discharge Company and all related companies, including, but not limited
to, limited and general partnerships, limited liability companies, affiliates, subsidiaries, parents, divisions, joint ventures, entities, successors and assigns and their past and present owners, directors, officers, limited and general partners,
members, managers, directors, shareholders, contractors, agents, attorneys, employees, heirs, successors and assigns (collectively the “Released Parties”), from all known or unknown claims, debts, liabilities, compensation, claims
for profits, demands, damages, actions, causes of action, or suits of any kind or 

  

			
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nature whatsoever, if any, that you have or could have, for any event, occurrence, or omission that has occurred prior to your signing this Agreement including, but not limited to, all losses,
debts, liabilities, breaches, claims and causes of action based on breach of contract, wrongful separation, public policy, accounting, misrepresentation, fraud, property damage, personal injury, infliction of emotional distress, defamation, privacy,
disclosure of trade secrets and proprietary information, conflicts of interest, tortious interference, breach of fiduciary duties, demands, costs, loss of services, expenses, compensation, contribution, attorneys’ fees, and all compensatory,
consequential, liquidated, special and punitive damages. You understand that this means that you are releasing the Released Parties, and may not bring claims against them under, inter alia, the Employee Retirement Income Security Act; Title VII of
the Civil Rights Act of 1964, as amended; Sections 1981 and 1983 of the Civil Rights Act of 1866; Sections 1981 through 1988 of Title 42 of the United States Code, as amended; the Equal Pay Act, as amended; the Age Discrimination in Employment Act
(“ADEA”); the Older Workers Benefit Protection Act (“OWBPA”); the Worker Adjustment Retraining and Notification Act; the Immigration Reform and Control Act, as amended; the Americans with Disabilities Act, as
amended, and Sections 503 and 504 of the Rehabilitation Act of 1973; the Family and Medical Leave Act; the Consolidated Omnibus Reconciliation Act, as amended; the Occupational Safety and Health Act; the Fair Credit Reporting Act; the Florida Civil
Rights Act; any foreign, federal, state and/or local whistleblower statute, regulation, ordinance or law, including the Florida Whistleblower Act of 1986 and 1991; whistleblower claims under the Florida Workers’ Compensation law; any foreign,
federal, state and/or local law, statute, regulation or ordinance prohibiting discrimination, retaliation and/or harassment or governing wage or commission payment claims; all amendments to such laws; and any other law prohibiting discrimination,
harassment and/or retaliation based on the exercise of your rights under any law providing whistleblower protection, providing workers’ compensation benefits, providing or protecting employee benefits and pension plans, regarding payment of
wages or other compensation, protecting union activity, mandating leaves of absence, prohibiting discrimination based on veteran status or military service, restricting an employer’s right to terminate employees or otherwise regulating
employment, enforcing express or implied employment contracts, concerning government contracts and compliance with same, requiring an employer to deal with employees fairly or in good faith, providing recourse for alleged wrongful discharge, tort,
physical or personal injury, emotional distress, fraud, negligent misrepresentation, defamation, and similar or related claims, or relating to salary, commission, compensation, benefits, and other matters. 

However, this general waiver and release of claims excludes, and you do not waive, release, or discharge: (1) any right to file an administrative charge
or complaint with, or testify, assist, or participate in an investigation, hearing, or proceeding conducted by, the Equal Employment Opportunity Commission (“EEOC”), Department of Labor (“DOL”), National Labor
Relations Board (“NLRB”), or other similar federal or state administrative agencies, although you waive any right to monetary relief related to any filed charge or administrative complaint; (2) any claims which cannot be waived
by law, such as claims for unemployment benefit rights and workers’ compensation; (3) indemnification rights you have against Company; (4) any right to file an unfair labor practice charge under the National Labor Relations Act; and
(5) any rights to vested benefits, such as pension or retirement benefits, the rights to which are governed by the terms of the applicable plan documents and award agreements. 

By signing below, you acknowledge and agree that you have been paid for all salary, wages, and compensation earned through the Separation Date, and that you
are not entitled to receive, and shall not claim from Company, any compensation, payments or benefits except for those payments and benefits that are expressly set forth in this Agreement. 

  

			
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 4. Specific ADEA Release: As a part of this Agreement, you expressly agree to
the release of any rights or claims arising out of the ADEA (29 U.S.C. § 621, et seq.) as amended, including the OWBPA, and their implementing regulations, and in connection with such waiver: (1) you have read this Agreement in its
entirety and understand all of its terms; (2) you are hereby advised to consult with an attorney prior to signing this Agreement; (3) you knowingly, freely, and voluntarily assent to all of this Agreement’s terms and conditions
including, without limitation, the waiver, release and covenants contained in it; (4) you shall have a period of twenty one (21) days from the date of receipt of this Agreement in which to consider the terms of this Agreement; and
(5) you may revoke this Agreement at any time during the first seven (7) days under the ADEA following your execution of the Agreement. This Agreement shall not be effective or enforceable until the seven (7) day period has expired.
As between you and the Released Parties, this Agreement does not constitute a waiver of any claim under the ADEA that may arise after the date of the execution of this Agreement. 

You understand that, by releasing all of your legally waivable claims, known or unknown, against the Released Parties, you are releasing all of your rights to
bring any claims against any of them based on any actions, decisions or events occurring through the date of you sign this Agreement including the terms and conditions of your employment and the separation of your employment. 

5. Continuing Obligations: This Agreement is expressly conditioned upon your full and continued compliance with all terms of any
confidentiality agreement to which you are bound as well as any restrictive covenants, if any, and your return of any Company property. You are to immediately return all Company property that has been provided to you or that is in your possession to
include, but not be limited to, your employee identification badge, office keys, smart phone, tablet, corporate credit card and laptop computer. Nothing in this Agreement releases you from these obligations to Company. Company will avail itself of
its full legal remedies if you violate your on-going obligations to Company. From time to time over the next 12 months the Company may request your assistance in answering questions or providing information to
assist in business related matters. The Company will provide reasonable notice for such requests at a mutually agreed time and duration. 

6. Non-Disclosure: Following separation under this Agreement, you shall not,
directly or indirectly, without the prior written consent of Company, other than a person to whom disclosure is reasonably necessary or appropriate in connection with the performance of your duties as an employee of Company, disclose or use for the
benefit of yourself or any other person, corporation, partnership, joint venture, association, or other business organization, any of the trade secrets or confidential information of Company. If you are legally required to disclose any confidential
information or trade secrets, you will notify Company prior to doing so by providing Company with written notice ten (10) business days in advance of the intended or compelled disclosure. (If disclosure is required sooner than ten
(10) days, you must provide Company with notice immediately upon learning that disclosure is sought and before disclosure is required or compelled.) 

For the purpose of this Agreement, “Confidential Information” shall include any information (whether or not in written or electronic form and
whether or not expressly designated as confidential) relating to Company or any of its Affiliates or relating directly or indirectly to the business, 

  

			
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operations, financial affairs, performance, assets, technology, processes, products, contracts, customers, suppliers, personnel, consultants or plans (and any of the foregoing items that are or
may be in development or for which there is an internal roadmap) of Company (and including any such information consisting of or otherwise relating to trade secrets, license or sublicense arrangements, pricing lists, marketing or sales techniques or
plans, financial information, projections or lists of customers or suppliers and including any prospective relationships with any of the foregoing). 

7. Notice of Immunity Under the Defend Trade Secrets Act of 2016 (“DTSA”): Notwithstanding any
other provision of this Agreement: You will not be held criminally or civilly liable under any federal or state trade secret law for any disclosure of a trade secret that is made: (1) in confidence to a federal, state, or local government
official, either directly or indirectly, or to an attorney, and solely for the purpose of reporting or investigating a suspected violation of law; or (2) in a complaint or other document that is filed under seal in a lawsuit or other
proceeding. If you file a lawsuit for retaliation by Company for reporting a suspected violation of law, you may disclose Company’s trade secrets to your attorney and use the trade secret information in the court proceeding if you:
(1) file any document containing the trade secret under seal; and (2) do not disclose the trade secret, except pursuant to court order. 

8. Permitted Disclosures: Nothing in this Agreement prohibits or restricts you (or your attorney) from filing a charge or
complaint with the Securities and Exchange Commission (“SEC”), the Financial Industry Regulatory Authority (“FINRA”), or any other securities regulatory agency or self-regulatory authority. You further understand
that this Agreement does not limit your ability to communicate with any securities regulatory agency or authority or otherwise participate in any investigation or proceeding that may be conducted by any securities regulatory agency or authority
without notice to Company. This Agreement does not limit your right to receive an award for information provided to the SEC staff or any other securities regulatory agency or authority. Nothing in this Agreement shall be construed to prevent
disclosure of Confidential Information as may be required by applicable law or regulation, or pursuant to the valid order of a court of competent jurisdiction or an authorized government agency, provided that the disclosure does not exceed the
extent of disclosure required by such law, regulation, or order. 
 9. Confidentiality: You understand and agree that
this Agreement and all of its terms are entirely confidential and that you shall not disclose, reveal, discuss, publish, or in any way communicate any of the terms, amount or fact of this Agreement to any other person or entity, including especially
the amount of the severance payment. As an exception to this provision, you may disclose information relating to this Agreement only as necessary (1) to your immediate family members and professional representatives (including attorneys,
accountants and/or tax advisors), who shall be informed of and bound by this confidentiality clause; (2) to the extent necessary to enforce or challenge the terms of this Agreement; or (3) in connection with any charge or complaint filed
by you with the EEOC, NLRB, DOL, SEC, FINRA or any similar federal, state, or local department or agency. You shall promptly provide written notice of any such order to an authorized officer of Company. 

10. Non-Disparagement: You further agree that you will not, except as required by
law, engage in any conduct or make any statement which is in any way critical of, or disparaging to, or otherwise derogatory about Company or any of its services, business affairs or financial condition, or any of Company’s directors, officers,
employees, agents or representatives. You understand and agree 

  

			
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that your commitment not to defame, disparage, or impugn Company’s reputation constitutes a willing and voluntary waiver of your rights under the First Amendment of the United States
Constitution and other laws. However, these non-disparagement obligations, do not limit your ability to truthfully communicate with the EEOC, DOL, NLRB, SEC, FINRA and comparable state or local agencies or
departments whether such communication is initiated by you or in response to the government. 
 11. Rehire: You hereby
agree not to seek employment with Company for twelve (12) months following the Separation Date. You also agree that Company shall have no obligation to consider you for rehire. If you are rehired by Company prior to your severance running out,
you understand that Company will stop paying any remaining Severance Pay to you, but you agree that the agreement to provide Severance Pay and any amounts already provided to you shall constitute adequate consideration for this Agreement. 

12. Binding Upon Successors: This Agreement shall be binding upon and inure to the benefit of the parties’
respective representatives, heirs, executors, administrators, successors, and assigns. You further represent and warrant that you are the sole and lawful owner of all rights, title, and interest in and to all released claims as herein contained and
that you have not assigned or transferred any interest in or to any such claim to any other person or entity. 
 13. Entire
Agreement: This Agreement is the entire agreement between you and Company relating to the subject matter of this Agreement, and fully supersedes any and all prior agreements and understandings, both written and oral, between any of
the parties. You acknowledge that no one has made any representations or promises to you, other than those contained in, referred to, or incorporated in this Agreement, and that you are not relying on any representations or promises not set forth
herein in executing this Agreement. This Agreement and this provision, however, do not alter, waive, or release you from any on-going, post-employment obligations to Company as set forth in any restrictive
covenant provisions between you and Company. 
 14. Modification: No amendment, change, or modification of this
Agreement, or waiver of any provision of this Agreement, shall be valid unless it is in writing, signed by you and Company or by your or its respective successors and/or assigns. You agree not to make any claim at any time or place that this
Agreement has been orally modified in any respect whatsoever. 
 15. Voluntary Assent: You understand that you may be
waiving significant legal rights by signing this Agreement, and you represent and agree that you have entered into this Agreement freely and voluntarily, without any coercion or duress, and with a full understanding of and in agreement with all of
its terms after having carefully read this entire Agreement. 
 16. Execution of Agreement: You acknowledge and agree
that in deciding to execute this Agreement: you relied entirely on your own judgment and that of any legal counsel; no facts, evidence, event or transaction currently unknown to you, but which may hereinafter become known, shall affect in any way or
manner the final, unconditional nature of this Agreement; the execution of this Agreement is a completely knowing and voluntary act; you understand the terms of this Agreement; you have been advised to consult with legal counsel and have been
provided with time to consult with legal counsel prior to the execution of this Agreement; all promises made to you in connection with this Agreement or as inducement to sign same expressly are set forth in full in the other Sections of this
Agreement. 

  

			
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 17. Severability. If any provision or part of a provision of this Agreement
(except any provision or part of a provision contained in Sections 1 and 3 of this Agreement) shall be determined to be void or unenforceable by a court of law, administrative agency or tribunal of competent jurisdiction, the remainder of the
Agreement shall remain valid and enforceable by any party, and all other valid provisions of the Agreement shall survive and continue to bind the parties. If, however, any provision or part of a provision contained in Sections 1 and/or 3 of this
Agreement shall be determined to be void or unenforceable by a court of law, administrative agency or tribunal of competent jurisdiction, the entire Agreement shall be unenforceable, as each party recognizes and acknowledges that the duties, rights
and obligations set forth in Sections 1 and 3 of this Agreement are essential to the Agreement. 
 18. Jury Trial Waiver, Venue,
Choice of Law: ALL ISSUES, MATTERS AND DISPUTES BETWEEN THE PARTIES CONCERNING THIS AGREEMENT SHALL BE TRIED BY A JUDGE IN A NON-JURY TRIAL. You understand and agree that this Agreement shall be
construed in accordance with and governed by the laws of the State of Florida, without giving effect to the conflict of laws principles of Florida law. The parties expressly consent to the exclusive jurisdiction and venue of any state Court of
competent jurisdiction in Miami-Dade County, Florida, or the United States District Court for the Southern District of Florida. The parties expressly waive any claims or defenses of forum non conveniens to jurisdiction and venue in any state Court
of competent jurisdiction in Miami-Dade County, Florida, or the United States District Court for the Southern District of Florida. 
 Sincerely, 

Joseph Plavetic 
 Chief Human Resource Officer 

Allvue Systems, LLC 
 YOU ACKNOWLEDGE AND AGREE THAT THE YOU
HAVE FULLY READ, UNDERSTAND, AND VOLUNTARILY ENTER INTO THIS AGREEMENT. YOU ACKNOWLEDGE AND AGREE THAT YOU HAVE HAD AN OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH AN ATTORNEY OF YOUR CHOICE BEFORE SIGNING THIS AGREEMENT. YOU FURTHER ACKNOWLEDGE
THAT YOUR SIGNATURE BELOW IS AN AGREEMENT TO RELEASE COMPANY FROM ANY AND ALL CLAIMS THAT CAN BE RELEASED AS A MATTER OF LAW. 
  

									
	SIGNED IN AGREEMENT:	 		 	WITNESS:
			
	/s/ Custodio Toledo	 		 	/s/ Ana Paula Toledo
					
	Print Name:	 	Custodio Toledo	 		 	Print Name:	 	Ana Paula Toledo
					
	Dated:	 	12/03/2020	 		 		 	
				
	cc: Human Resources	 		 		 	

  

			
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