ADP 2012 Annual Report Download - page 116

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8.9 Section 409A . All provisions of the Plan shall be construed and interpreted in a manner consistent with the requirements for avoiding
taxes or penalties under Section 409A of the Code (“ Section 409A ”). If the Committee determines that any amounts payable hereunder may
be taxable to a Participant under Section 409A, the Company may (i) adopt such amendments to the Plan and appropriate policies and
procedures, including amendments and policies with retroactive effect, that the Committee determines necessary or appropriate to preserve the
intended tax treatment of the benefits provided by the Plan and/or (ii) take such other actions as the Committee determines necessary or
appropriate to avoid or limit the imposition of an additional tax under Section 409A; provided, that the Company shall have no liability to a
Participant or Beneficiary with respect to the tax imposed by Section 409A.
As evidence of the amendment and restatement of this Plan, effective July 1, 2012, by Automatic Data Processing, Inc., this document
is signed by a duly authorized officer.
16
AUTOMATIC DATA PROCESSING, INC.
By:
/s/ Michael A. Bonarti
Name: Michael A. Bonarti
Title: Vice President, General Counsel
and Secretary