Document:

Separation Agreement and General Release

 EXHIBIT 10.1 
 SEPARATION AGREEMENT AND GENERAL RELEASE 
 This Separation Agreement and General Release (this
“Agreement”) is entered into as of September 18, 2008 between Allscripts LLC, a Delaware limited liability company (the “Company”), and Benjamin E. Bulkley (the “Executive”). 
 WHEREAS, the Executive currently serves as the Chief Operating Officer of the Company pursuant to an Employment Agreement between the Company and the
Executive dated as of April 24, 2007, as amended as of August 7, 2008 (the “Amended Employment Agreement”); and 
 WHEREAS, the Company and the Executive desire to set forth herein their mutual agreement with respect to all matters relating to the Executive’s resignation and cessation of employment with the Company and its affiliates and the
Executive’s release of claims upon the terms set forth herein. 
 NOW, THEREFORE, in consideration of the mutual promises and agreements
contained herein, the adequacy and sufficiency of which are hereby acknowledged, the Company and the Executive hereby agree as follows: 
 1.
Resignation; Termination of Employment. The Executive hereby resigns as the Chief Operating Officer of the Company and from all other positions (if any) with the Company and its affiliates as of September 19, 2008 (the “Employment
Termination Date”). 
 2. Payment of Accrued Amounts. The Company shall pay to the Executive within 10 days following the
Employment Termination Date all amounts due to the Executive for salary accrued for services rendered through the Employment Termination Date and an amount equal to all of the Executives accrued and unused vacation as of the Employment Termination
Date. 
 3. Payment of 2007 Minimum Performance Bonus. The Company shall pay to the Executive within 10 days following the Employment
Termination Date and amount equal to $50,000.00 in full and final satisfaction of the Company’s obligations under Section 3.2 of the Amended Employment Agreement. 
 4. Separation Payments and Benefits. In consideration for the general release contained in Section 6 hereof (the “Release”),
provided that the Executive has not revoked the Release and provided that the Executive complies with the covenants contained in Sections 5.1, 5.2 and 5.3 of the Amended Employment Agreement (a) the Company shall pay to the Executive the cash
payments described in Sections 4.5.1(i), (ii) and (iv) of the Amended Employment Agreement, (b) the Company shall provide the Executive with the benefits described in Sections 4.5.1(iii) and (vi) of the Amended Employment
Agreement, (c) the Company hereby exercises its right to make the cash payment described in Section 4.5.1(v) of the Amended Employment Agreement in lieu of the vesting of unvested restricted stock units of Allscripts Healthcare Solutions,
Inc. (the “Parent”) held by the Executive and the Company shall make such cash payment in accordance with such section, and (d) the unvested restricted stock units of the Parent held by the Executive and with respect to which no cash
payment is to be 

 
made to the Executive in accordance with Section 4.5.1(v) of the Amended Employment Agreement shall vest in full in accordance with such section.

 5. Section 409A. Section 10.13 of the Amended Employment Agreement is incorporated by reference into this Agreement and
made a part hereof. 
 6. Federal and State Withholding. The Company shall deduct from the amounts payable to the Executive pursuant
to Sections 2, 3 and 4 hereof the amount of all required federal and state withholding taxes in accordance with the Executive’s Form W-4 on file with the Company and all applicable social security taxes. 
 7. Release by the Executive. The Executive, on behalf of the Executive and anyone claiming through the Executive, hereby agrees not to sue the
Company or any of its divisions, subsidiaries, affiliates (including, without limitation, the Parent) or other related entities of the above specified entities (whether or not such entities are wholly owned) or any of the past, present or future
directors, officers, administrators, trustees, fiduciaries, employees, agents or attorneys of the Company or any of such other entities, or the predecessors, successors or assigns of any of them (hereinafter referred to as the “Released
Parties”), and agrees to release and discharge, fully, finally and forever, the Released Parties from any and all claims, causes of action, lawsuits, liabilities, debts, accounts, covenants, contracts, controversies, agreements, promises, sums
of money, damages, judgments and demands of any nature whatsoever, in law or in equity, both known and unknown, asserted or not asserted, foreseen or unforeseen, which the Executive ever had or may presently have against any of the Released Parties
arising from the beginning of time up to and including the effective date of this Agreement, including, without limitation, all matters in any way related to the Executive’s employment by the Company, the terms and conditions thereof, any
failure to promote the Executive and the termination or cessation of the Executive’s employment with the Company, and including, without limitation, any and all claims arising under the Civil Rights Act of 1964, as amended, the Civil Rights Act
of 1991, the Civil Rights Act of 1866, the Age Discrimination in Employment Act, the Older Workers’ Benefit Protection Act, the Family and Medical Leave Act, the Americans With Disabilities Act, the Employee Retirement Income Security Act of
1974, the Illinois Human Rights Act, the Cook County Human Rights Ordinance, the City of Chicago Human Rights Ordinance or any other federal, state, local or foreign statute, regulation, ordinance or order, or pursuant to any common law doctrine;
provided, however, that nothing contained in this Section 7 shall apply to, or release the Company from, any obligation of the Company contained in this Agreement, in Section 6, 8 or 9 of the Amended Employment Agreement or
any vested or accrued benefit pursuant to any employee benefit plan of the Company. The consideration offered herein is accepted by the Executive as being in full accord, satisfaction, compromise and settlement of any and all claims or potential
claims, and the Executive expressly agrees that the Executive is not entitled to, and shall not receive, any further recovery of any kind from the Company or any of the other Released Parties, and that in the event of any further proceedings
whatsoever based upon any matter released herein, neither the Company nor any of the other Released Parties shall have any further monetary or other obligation of any kind to the Executive, including any obligation for any costs, expenses or
attorneys’ fees incurred by or on behalf of the Executive. 
 8. Release by the Company. The Company, on behalf of itself and
anyone claiming through it, hereby agrees not to sue the Executive, and agrees to release and discharge, 

  

 2 

 
fully, finally and forever, the Executive from any and all claims, causes of action, lawsuits, liabilities, debts, accounts, covenants, contracts,
controversies, agreements, promises, sums of money, damages, judgments and demands of any nature whatsoever, in law or in equity, both known and unknown, asserted or not asserted, foreseen or unforeseen, which the Company ever had or may presently
have against the Executive arising from the beginning of time up to and including the effective date of this Agreement, including, without limitation, all matters in any way related to the Executive’s employment by the Company, the terms and
conditions thereof, or any other federal, state, local or foreign statute, regulation, ordinance or order, or pursuant to any common law doctrine; provided, however, that nothing contained in this Section 8 shall apply to, or
release the Executive from, any obligation of the Executive contained in this Agreement or in Section 5 or 6 of the Amended Employment Agreement. 
 9. Authority. The Executive expressly represents and warrants that the Executive is the sole owner of the actual and alleged claims, demands, rights, causes of action and other matters that are released herein;
that the same have not been transferred or assigned or caused to be transferred or assigned to any other person, firm, corporation or other legal entity; and that the Executive has the full right and power to grant, execute and deliver the general
release, undertakings and agreements contained herein. 
 10. Successors; Binding Agreement. This Agreement shall inure to the benefit
of and be enforceable by the Executive and by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. In the event of the death of the Executive while any amounts are
payable to the Executive hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to such person or persons designated in writing by the Executive to receive such amounts or, if no
person is so designated, to the Executive’s estate. 
 11. Notices. All notices and other communications required or permitted
under this Agreement shall be in writing and shall be deemed to have been duly given by a party hereto when delivered personally or by overnight courier that guarantees next day delivery or five days after deposit in the United States mail, postage
prepaid to the following address of the other party hereto (or to such other address of such other party as shall be furnished in accordance herewith): 
 If to the Company, to: 
 Allscripts LLC 
 c/o Allscripts Healthcare Solutions, Inc. 
 Suite 2024 
 222 Merchandise Mart Plaza 
 Chicago, Illinois 60654 
 Attention: General Counsel 
 If to the Executive, to: 
 Benjamin E.
Bulkley at his current address on file with the Company 
  

 3 

 12. Governing Law; Validity. The interpretation, construction and performance of this Agreement
shall be governed by and construed and enforced in accordance with the internal laws of the State of Illinois without regard to the principle of conflicts of laws. 
 13. Entire Agreement. This Agreement constitutes the entire agreement and understanding between the parties with respect to the subject matter hereof and supersedes and preempts any prior understandings,
agreements or representations by or between the parties, written or oral, which may have related in any manner to the subject matter hereof; provided, however, that Sections 5 through 10, inclusive, of the Amended Employment Agreement shall remain
in full force and effect. 
 14. Miscellaneous. No provision of this Agreement may be modified or waived unless such modification or
waiver is agreed to in writing and executed by the Executive and by a duly authorized officer of the Company. No waiver by either party hereto at any time of any breach by the other party hereto of, or compliance with, any condition or provision of
this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. Failure by the Executive or the Company to insist upon strict compliance
with any provision of this Agreement or to assert any right which the Executive or the Company may have hereunder shall not be deemed to be a waiver of such provision or right or any other provision or right of this Agreement. 
 15. ACKNOWLEDGMENT BY EXECUTIVE. BY EXECUTING THIS AGREEMENT, THE EXECUTIVE EXPRESSLY ACKNOWLEDGES THAT HE HAS READ THIS AGREEMENT CAREFULLY, THAT
HE FULLY UNDERSTANDS ITS TERMS AND CONDITIONS, THAT HE HAS BEEN ADVISED TO CONSULT WITH AN ATTORNEY PRIOR TO EXECUTING THIS AGREEMENT, THAT HE HAS BEEN ADVISED THAT HE HAS 21 DAYS WITHIN WHICH TO DECIDE WHETHER OR NOT TO EXECUTE THIS AGREEMENT AND
THAT HE INTENDS TO BE LEGALLY BOUND BY IT. DURING A PERIOD OF SEVEN DAYS FOLLOWING THE DATE OF THE EXECUTIVE’S EXECUTION OF THIS AGREEMENT, THE EXECUTIVE SHALL HAVE THE RIGHT TO REVOKE THE RELEASE CONTAINED IN SECTION 7 OF THIS AGREEMENT
OF CLAIMS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT BY SERVING WITHIN SUCH PERIOD WRITTEN NOTICE OF REVOCATION. IF THE EXECUTIVE EXERCISES HIS RIGHTS UNDER THE PRECEDING SENTENCE, HE SHALL HAVE NO RIGHT TO THE CASH AMOUNTS OR BENEFITS PAYABLE
TO HIM PURSUANT TO SECTIONS 3 AND 4 OF THIS AGREEMENT AND THE RELEASE CONTAINED IN SECTION 8 SHALL BE NULL AND VOID. 
  

 4 

 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by a duly authorized officer of
the Company and the Executive has executed this Agreement as of the day and year first above written. 
  

			
	ALLSCRIPTS LLC
		
	By:	 	/S/    LEE SHAPIRO
		 	 Name: Lee Shapiro
 Title:
President

  
  
  

			
	
	/s/ Benjamin E. Bulkley
	Benjamin E. Bulkley

  

 5OTS Order to Cease and Desist with the Company

 Exhibit 10.1 
 UNITED STATES OF AMERICA 
 Before the 
 OFFICE OF THRIFT SUPERVISION 
  

									
	 	  	)	 		  	
	In the Matter of	  	)	 		  	Order No.:	  	SE-08-012
		  	)	 		  	
		  	)	 		  	
	BANKUNITED FINANCIAL	  	)	 		  	
	CORPORATION	  	)	 		  	Effective Date: September 19, 2008
	Coral Gables, Florida	  	)	 		  	
		  	)	 		  	
	OTS Docket No. H-2451	  	)	 		  	
	 	  	)	 		  	

 ORDER TO CEASE AND DESIST 
 WHEREAS, BankUnited Financial Corporation, Coral Gables, Florida, OTS Docket No. H-2451 (Holding Company), by and through its Board of Directors
(Board) has executed a Stipulation and Consent to the Issuance of an Order to Cease and Desist (Stipulation); and 
 WHEREAS, the
Holding Company, by executing the Stipulation, has consented and agreed to the issuance of this Order to Cease and Desist (Order) by the Office of Thrift Supervision (OTS) pursuant to 12 U.S.C. § 1818(b); and 
 WHEREAS, pursuant to delegated authority, the OTS Regional Director for the Southeast Region (Regional Director), is authorized to issue Orders to
Cease and Desist where a savings association holding company has consented to the issuance of an order. 
 NOW, THEREFORE, IT IS ORDERED
that: 
 Capital Plan. 
 1. The Board has
previously submitted to the Regional Director for review and non-objection, (a) a written plan to preserve and 

 
enhance the capital of the Holding Company and its wholly owned savings association subsidiary, BankUnited, FSB, Coral Gables, Florida, OTS Docket
No. 08045 (Association) (Capital Augmentation Plan), and (b) a written alternative capital strategy to be implemented in the event the capital raising efforts in the Capital Augmentation Plan are unsuccessful (together, Capital Plan). Upon
receipt of the Regional Director’s written non-objection, the Board shall adopt and implement the Capital Plan. The Board shall review the Holding Company’s implementation of the Capital Plan and the status of the Holding Company’s
capital raising efforts on a monthly basis. The Board shall ensure that its review is fully detailed in the appropriate monthly Board meeting minutes. The Board shall ensure that the Association’s Board of Directors is provided with a monthly
update on the status of the Holding Company’s compliance with the Capital Plan and related capital raising efforts. A copy of the Board meeting minutes, including any reports, documents, or information reviewed by the Board, shall be provided
to the Regional Director within thirty (30) days after the date of each monthly Board meeting. 
 Dividends. 
 2. Effective immediately, the Holding Company shall neither accept nor request that the Association make or pay any dividends or other capital
distributions, as that term is defined in 12 C.F.R. § 563.134, or commit to make or pay dividends or any other capital distributions, without receiving the prior written approval of the Regional Director. The Holding Company’s written
request for such approval should be submitted to the Regional Director at least forty-five (45) days prior to the anticipated date of the proposed dividend payment or distribution of capital. 
  

 2 

 Management Changes. 
 3. Effective immediately, the Holding Company shall comply with the prior notification requirements for changes in directors and Senior Executive Officers set forth in 12 C.F.R. Part 563, Subpart H, 12 C.F.R. §§ 563.550 through
563.590. 
 Employment Contracts and Compensation Arrangements. 
 4. Effective immediately, the Holding Company shall not enter into, renew, extend, or revise any contractual arrangement relating to compensation or benefits for any Senior Executive Officer or director of the Holding
Company, unless it first provides the OTS with not less than thirty (30) days prior written notice of the proposed transaction. The notice to the OTS shall include a copy of the proposed employment contract or compensation arrangement, or a
detailed, written description of the compensation arrangement to be offered to such officer or director, including all benefits and perquisites. The Board shall ensure that any contract, agreement, or arrangement submitted to the OTS fully complies
with the requirements of 12 C.F.R. Part 359, 12 C.F.R. §§ 563.39 and 563.161(b), and 12 C.F.R. Part 570 – Appendix A. 
 Severance and
Indemnification Payments. 
 5. Effective immediately, the Holding Company shall not make any
golden parachute payment1 or prohibited indemnification payment2 unless, with respect to each such payment, the Holding Company has complied with the requirements of 12 C.F.R. Part 359 and, as to indemnification payments, 12 C.F.R. § 545.121. 
  
  

	 1
	 The term “golden parachute payment” is defined at 12 C.F.R. § 359.1(f). 

	 2
	 The term “prohibited indemnification payment” is defined at 12 C.F.R. § 359.1(l).

  

 3 

 Debt Limitations. 
 6. Effective immediately, the Holding Company shall not incur, issue, renew, or rollover any debt, increase any current lines of credit, or guarantee the debt of any entity, without at least thirty (30) days prior written notice to and
receipt of written non-objection from the OTS. 
 Association Order to Cease and Desist. 
 7. The Board shall ensure that the Association complies with all the terms of its Order to Cease and Desist entered into with the OTS, dated September 19, 2008.

 Effective Date, Incorporation of Stipulation. 
 8. This Order is effective on the Effective Date as shown on the first page. The Stipulation is made a part hereof and is incorporated herein by this reference. 
 Duration. 
 9. This Order shall remain in effect until terminated, modified or suspended, by written notice of
such action by the OTS, acting by and through its authorized representatives. 
 Time Calculations. 
 10. Calculation of time limitations for compliance with the terms of this Order run from the Effective Date and shall be based on calendar days, unless otherwise noted.

 11. The Regional Director may extend any of the deadlines set forth in the provisions of this Order upon written request by the Holding Company that
includes reasons in support for any such extension. Any OTS extension shall be made in writing. 
 Submissions and Notices. 

12. All submissions, including progress reports, to the OTS that are required by or contemplated by this Order shall be submitted within the specified timeframes.

  

 4 

 13. Except as otherwise provided herein, all submissions, requests, communications, consents, or other documents relating
to this Order shall be in writing and sent by first class U.S. mail (or by reputable overnight carrier, electronic facsimile transmission, or hand delivery by messenger) addressed as follows: 
  

	 	a.	To the OTS: 

 John E. Ryan, Regional Director 

Office of Thrift Supervision 
 1475
Peachtree St., NE 
 Atlanta, Georgia 30309; and 
  

	 	b.	To the Corporation: 

 Board of Directors 
 BankUnited Financial Corporation 
 255
Alhambra Circle 
 Penthouse 
 Coral Gables, FL 33134-7411. 
 No Violations Authorized. 
 14. Nothing in this Order or the Stipulation shall be construed as allowing the Holding Company, its Board, officers or employees to violate any law, rule, or regulation. 
 IT IS SO ORDERED. 
  

			
	OFFICE OF THRIFT SUPERVISION
		
	By:	 	 /s/ John E. Ryan

		 	John E. Ryan
		 	Southeast Regional Director
	
	Date: See Effective Date on page 1

  

 5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}]]