Company: ADP
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001308179-25-000607
Chunk: 92

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 92
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 at target rate for fiscal years 2026 and 2027. The amount actually payable upon an involuntary termination without cause would be determined based on actual achievement of the performance goals under the fiscal years 2024 and 2025 PSU awards. All amounts include accrued dividend equivalents through June 30, 2025. |

| 89 | | | Automatic Data Processing, Inc. – Proxy Statement |

| Potential Payments to Named Executive Officers Upon Termination or Change in Control |

POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL FOR SREENI KUTAM

|                     |     | Termination      
 Following Change 
 In Control       |             |    |     |      Death |     | Disability |     | Involuntary   
 Termination   
 Without Cause |             |    |     | Retirement |
| Termination Payment |     |                  |  $1,828,875 | -1 |     |         $0 |     |         $0 |     |               |    $866,700 | -2 |     |         $0 |
| Stock Options(3)    |     |                  |    $374,683 |    |     |   $374,683 |     |   $374,683 |     |               |    $374,683 |    |     |         $0 |
| RSUs(4)             |     |                  |  $1,967,900 |    |     | $1,661,968 |     | $1,661,968 |     |               |  $1,967,900 |    |     |         $0 |
| PSUs(5)             |     |                  |  $6,048,122 |    |     | $6,803,610 |     | $6,803,610 |     |               |  $6,803,610 |    |     |         $0 |
| Total               |     |                  | $10,219,580 |    |     | $8,840,261 |     | $8,840,261 |     |               | $10,012,893 |    |     |         $0 |

| (1) | Represents payment of 1.5 times each of (i) the highest rate of annual salary during the calendar year in which employment terminates or the year immediately prior to the termination ($577,800) and (ii) the average annual bonus for the two most recently completed calendar years ($641,450).