POSSIBLE SPOILER
What happens if you kill the Pursuer during your first encounter (the part where a big, armored, shield and greatsword wielding enemy is dropped by a big black bird on a square platform accessed via a ladder)? What happens if you don't kill him in your first encounter?
If you were unable to kill him during the first encounter, is it possible to gain the first encounter kill rewards in some other way later on in the game (vice versa)?
Please flag your answers for possible spoilers (if any).