Company: ADP
Filing Date: 2025-01-30
Form Type: 10-Q
Source: 0000008670-25-000007
Chunk: 132

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-01-30
Form: 10-Q
Item: Part I, Item 8
Chunk 132
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)Inclusive of the impact of the one-percent excise tax under the Inflation Reduction Act of 2022.

There is no expiration date for the common stock repurchase authorization.

Item 5.  Other Information

(a) In connection with his previously announced departure from Automatic Data Processing, Inc. (the “Company”) on March 31, 2025, John C. Ayala entered into a separation agreement and release (“agreement”), dated January 27, 2025. His departure constitutes a “Qualifying Termination” as defined under the Company’s Corporate Officer Severance Plan (the “Plan”) and the agreement sets forth the terms of his separation and release in accordance with the Plan. A copy of the separation agreement and release is filed as Exhibit 10.1 hereto and incorporated herein by reference.

(c) During the fiscal quarter ended December 31, 2024, none of the Company’s directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement”.

41

Item 6.  Exhibits

Exhibit NumberExhibit 10.1Separation Agreement and Release, dated January 27, 2025, by and between John C. Ayala and Automatic Data Processing, Inc.31.1Certification by Maria Black pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934 31.2Certification by Don McGuire pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934 32.1Certification by Maria Black pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 32.2Certification by Don McGuire pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 101.INSInstance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document 101.SCHInline XBRL Taxonomy Extension Schema 101.CALInline XBRL Taxonomy Extension Calculation Linkbase 101.LABInline XBRL Taxonomy Label Linkbase 101.PREInline XBRL Tax