Company: PAYX
Filing Date: 2025-01-07
Form Type: 8-K
Source: 0000950103-25-000267
Chunk: 5

Company: PAYCHEX INC
Filing Date: 2025-01-07
Form: 8-K
Item: Item 9.01
Chunk 5
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 and financial condition, may differ materially from those indicated in or suggested by the forward-looking
statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results
and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following:

  our ability to keep pace with changes in technology or provide timely enhancements to our solutions and  
  support;                                                                                                 
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  software defects, undetected errors, and development delays for our solutions;  

  the possibility of cyberattacks, security vulnerabilities or Internet disruptions, including data security  

  the possibility of failure of our business continuity plan during a catastrophic event;  

  the failure of third-party service providers to perform their functions;  

  the possibility that we may be exposed to additional risks related to our co-employment relationship with  
  our PEO business;                                                                                          
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  changes in health insurance and workers’ compensation insurance rates and underlying claim trends;  
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  risks related to acquisitions and the integration of the businesses we acquire;  

  our clients’ failure to reimburse us for payments made by us on their behalf;  

  the effect of changes in government regulations mandating the amount of tax withheld or the timing of  
  remittances;                                                                                           
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  our failure to comply with covenants in our debt agreements;  

  changes in governmental regulations, laws, and policies;  
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  our ability to comply with U. S. and foreign laws and regulations;  

  our compliance with data privacy and artificial intelligence laws and regulations;  

  our failure to protect our intellectual property rights;  

  potential outcomes related to pending or future litigation matters;  

  the impact of macroeconomic factors on the U. S. and global economy, and in particular on our small- and  

  volatility in the political and economic environment, including inflation and interest rate changes;  
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  our ability to attract and retain qualified people; and  

  the possible effects of negative publicity on our reputation and the value of our brand.  

Any of