Company: PAYX
Filing Date: 2025-04-14
Form Type: S-8
Source: 0000950103-25-004792
Chunk: 6

Company: PAYCHEX INC
Filing Date: 2025-04-14
Form: S-8
Chunk 6
---
(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of
an employee benefit plan’s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this
Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(c) Insofar
as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of
the Registrant pursuant to the provisions referenced in Item 6 of this Registration Statement, or otherwise, the Registrant has been advised
that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities
Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by
the Registrant of expenses incurred or paid by a director, officer, or controlling person of the Registrant in the successful defense
of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being
registered hereunder, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question of whether such indemnification by it is against public policy as expressed
in the Securities Act and will be governed by the final adjudication of such issue.

<div align='center'>SIGNATURES</div>

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Rochester, State of New York, on this 14th day of April, 2025.

| PAYCHEX, INC. |                          |                                                         |
| By:           | /s/ Prabha Sipi Bhandari |                                                         |
|               | Name:                    | Prabha Sipi Bhandari                                    |
|               | Title:                   | Chief Legal Officer, Chief Ethics Officer and Secretary |

<div align='center'>POWER OF ATTORNEY</div>

KNOWN ALL PERSONS BY THESE PRESENTS, that the
individuals whose signature appears below hereby constitute and