- The term of the Employment Agreement is three years from the March 15, 2013 effective date.

- Mr. Glover's base salary is set at $245,000, with a target bonus of 70% of his base salary, measured against criteria and targets set by the Blucora Board of Directors. He is also eligible to receive a one-time incentive bonus of $165,000 upon the achievement of certain specified objectives.

- Mr. Glover will receive equity grants, vesting over a three-year period, of 60,000 stock options and 30,000 restricted stock units.

- The Employment Agreement revises the severance payments that Mr. Glover would receive upon termination without Cause or in the case of Constructive Termination, as defined in the Employment Agreement. As revised, such payments would include a lump sum severance payment of an amount equal to his annual salary and an amount sufficient for 12 months of medical insurance coverage.

- The Employment Agreement also revises Mr. Glover's severance payments and benefits upon a Company Transaction, as defined in the Employment Agreement. The revised terms include double-trigger severance payments and benefits if he is terminated without cause or leaves for good reason either two months before or within one year after such a transaction. Such payments and benefits would consist of a lump sum severance payment of an amount equal to his annual salary and his target annual bonus, an amount sufficient for 12 months of medical insurance coverage, acceleration of 100% of his unvested equity, and a 12-month extension of post-termination option exercise rights.