The Benefits of Bb

BE @ BLACKBOARDThe passion for education and the drive to make a difference are at the core of what makes Blackboard a great place to work. Blackboard fosters an environment where new ideas are welcome and employees are recognized and rewarded for their contributions. In fact, Blackboard continues to operate with the energy and entrepreneurial spirit of its start-up days.

At Blackboard, we want you to have more than just a job. We have your successful long term career goals in mind. That’s why we are proud to offer a competitive benefits package that is designed to support many areas of your life.

Learn more about our Health Benefits.

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www.blackboard.com/careers

ELIGIBILITYActive employees who are scheduled to work at least 30 hours per week are eligible for Blackboard benefits. Benefits-eligible employees may also provide coverage for eligible family members including:

• Employee’sspouse;or• Eligibledomesticpartner;and• Childrenuptoage26(medicalonly)

Domestic Partner BenefitsBlackboard offers benefit coverage for eligible same sex or opposite sex domestic partners.Childrenofqualifyingdomesticpartners may also be eligible for coverage.

HEALTH

Medical Blackboard offers three comprehensive health plan options:

• HealthMaintenanceOrganization(HMO)• PreferredProviderOrganization(PPO)• HighDeductibleHealthPlan(HDHP)

withaHealthSavingsAccount(HSA)

Eachplanincludesprescriptiondrug and vision coverage, and covers in-network preventive care in full.

VisionComprehensivevisioncoverageisincludedwhen you enroll in a medical plan. Benefits are available in- and out-of-network.

DentalDentalcoverageisprovidedthroughaPreferredProviderOrganization,withthreecoverage levels from which to choose.

Your portion of medical and dental premiums will be paid through pre-tax payroll contributions.

Income Security and Retirement Benefits.

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LIFE & DISABILITY

Life InsuranceBlackboard provides you with 100% company-paidBasicLifeInsurancecoverageequaltoyour annual compensation and Accidental Death&Dismemberment(AD&D)insuranceinthe same amount.

Supplemental Life InsuranceIn addition to company-paid life insurance, you have the option to purchase supplemental insurance for yourself, as well as coverage for your family.

Short Term DisabilityBlackboardprovidesyouwithShortTermDisability(STD)coverageatnocosttoyou.If you become disabled as a result of illness, injury,orpregnancy,theplanreplaces60% ofyourbasepay(upto$1,500perweek)while you are on an approved disability leave.

Long Term DisabilityLongTermDisability(LTD)coverageisalsoprovidedatnocosttoyou.LTDbenefitsstartwhenSTDcoverageendsandreplaces60%ofyourbasepay(upto$8,000permonth)while you are on an approved disability leave.

Supplemental Long Term DisabilityYou may purchase additional Long Term Disabilitycoverageatadiscountedrate.

OTHER VOLUNTARY PRE-TAX BENEFITS

Flexible Spending Accounts (FSA)Blackboardoffersbothapre-taxHealthCareFSAanda pre-taxDependentCareFSAto help you save on eligible health care and dependent care expenses.

Parking Reimbursement PlanYou may set aside money on a pre-tax basis to pay for parking expenses related to your commute to and from work.

Public Transit (in selected areas)EmployeesworkingatBlackboardlocationswhere public transportation is available may set aside money on a pre-tax basis to pay for commuting to and from work via the train and/or bus.

RETIREMENT

401(k) PlanBlackboard’s401(k)planprovidesyouwitha variety of investment options from which to choose. You determine the amount you wouldliketocontributetothe401(k)planonapre-taxbasisuptotheIRSlimits.In addition, Blackboard offers an annual discretionary matching contribution.

Work-Life Benefits.

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WORK-LIFE

Paid Time Off & Personal LeaveAs a full-time employee, you will be eligible forupto15daysofpaidtimeoffpercalendaryear. Blackboard employees also receive five floating personal days per year to use whenever you choose.

Onceyouhavebeenwiththecompanyforthreeyears,youwillbeeligiblefor20daysofpaidtimeoffpercalendaryear.Employeesareeligiblefor25daysofpaidtimeoffaftereight years of service.

HolidaysBlackboard offices observe eight holidays per year.

Maternity LeaveIf you go on maternity leave, Blackboard supplementsShortTermDisability(STD)benefits by covering 100% of your pay for the waiting period plus 40% of your base salary fortheremainingfiveweeksofSTD for maternity claims.

New Parent LeaveAs a new mom or dad, you are eligible to receive two weeks of paid leave to use within thefirst60daysimmediatelyfollowingthebirth or adoption of your child.

Family Medical Leave OncetheeligibilityrequirementsundertheFamilyMedicalLeaveActaremet,youmaybeeligibleforupto12weeksofleaveevery12monthstouseforillness,careofyournewborn or newly adopted child, or to care for a family member who is seriously ill. The DistrictofColumbiaprovidesupto16weeksofFamilyLeaveand16weeksofMedicalLeaveina24monthperiodforemployeesworkingintheWashington,DCoffice.

Other Leave As a full-time employee, you will also receive a paid time off benefit in the event of a death in your family, if you are called to jury duty, subpoenaed as a witness in a jury trial, or if you are called to military duty.

Adoption AssistanceBlackboard offers employees adoption assistance benefits to help employees with adoption-related expenses.

Back-up Care Advantage ProgramBlackboard has partnered with Bright Horizonstoprovideback-upcareforyourdependent family members. The benefit providesaccesstoBrightHorizons’childcarecenters, in-home childcare, and in-home eldercarethroughouttheUnitedStates.

Employee Assistance Plan (EAP)YouandyourfamilyhaveaccesstotheEAPresource center and referral service at no cost to you. Through this program, you can receive confidential counseling, financial services, and legal assistance.

Flexible Work ArrangementsAlternative work schedules and partial week telecommuting are options available to employees in certain situations with approval from management and human resources.

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Benefits for your Personal and Professional Growth.

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COMMUNITY

Bb Education CorpsBlackboard is a proud member of the communities in which we operate, and we feel a moral responsibility to serve as a driving force in learning and education across the globe. Through our partnership withGreaterDCCaresandtheirworldwidepartner,HandsOnNetwork,Blackboardgrants full-time employees a day of paid time off annually to be used volunteering with an educational organization of your choice.

Charitable FundraisersTheBlackboardEventsCommitteesponsorsevents throughout the year that are in support of the company’s vision and mission. The events help to foster a positive work environment while furthering the cause of education in the community.

PROFESSIONAL GROWTH

Training & DevelopmentAs a company dedicated to education, it only makes sense we are committed to the professional development of our own employees. Blackboard University™, our professional development program, provides a variety of learning resources to all Blackboard employees.

Recognition AwardsKnowing you’re doing a good job is one thing – being recognized by managers or co-workersforyourcontributionsisquiteanother.OurABCDAwardsProgram,whichstandsfor“AboveandBeyondtheCallofDuty,”servesasanumbrellaforavarietyofrecognition and reward initiatives.

OTHER GREAT BENEFITS

Referral IncentivesYou may be eligible for a bonus if you refer an individual who is hired by Blackboard.

Travel AssistIf an emergency arises, whether you are on business or personal travel, you and your family may use this free service to assist with any travel issues that may occur.

Discount ProgramsDiscountsareavailableforcellularservices,computer software, and fitness clubs through a variety of local vendors.

Fitness CenterSomeofficelocationshaveonsitefitnesscenters and discounts are available for major fitness centers, chains, and clubs.

Wellness RoomsRooms are provided to allow for privacy for new moms to use for lactation or to rest if you are not feeling well.

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This document summarizes briefly the benefits available to BlackboardemployeesintheU.S.Moredetailedinformationisavailable in Blackboard’s policies and the applicable legal plan documents, both of which take precedence over this summary. Blackboard reserves the right to change or terminate any of the plans or programs described in this summary at any time, without advance notice.

Find out more at blackboard.com/careers.