Document:

EX-10.11

 Exhibit 10.11 

EMPLOYMENT AGREEMENT 

CERIDIAN HMC, INC. 
 -
and - 
 ERIK ZIMMER 

(“Executive”) 

Date: August 7, 2018 
 ARTICLE 1

 DEFINITIONS 
 In this Employment
Agreement (the “Agreement”), unless something in the subject matter or context is inconsistent therewith, all defined terms shall have the meanings set forth below: 

1.01    “Affiliate” shall mean with respect to any specified Person, a Person that directly or indirectly
controls, is controlled by, or is under common control with, such Person, where “control” means the possession, directly or indirectly, or the power to direct or cause the direction of the management policies of a Person, whether through
the ownership of voting securities, by contract or otherwise. 
 1.02    “Base Salary” shall mean the regular
cash compensation paid on a periodic basis as contemplated in Section 3.01, exclusive of benefits, bonuses or incentive payments. 

1.03    “Board” shall mean the Board of Directors of Ceridian HCM Holding. 

1.04    “Cause” shall mean cause as defined under Section 4.01. 

1.05    “Ceridian” shall mean Ceridian HCM Holding, Ceridian HCM and all of their respective Affiliates, or any
one of them. 
 1.06    “Ceridian HCM” means Ceridian HCM, Inc, a Delaware corporation having a business address
at 3311 East Old Shakopee Road, Minneapolis, Minnesota 55425 U.S.A., and any successor in interest by way of consolidation, operation of law, merger or otherwise. 

1.07    Ceridian HCM Holding” means Ceridian HCM Holding Inc, a Delaware corporation having a business address at 3311
East Old Shakopee Road, Minneapolis, Minnesota 55425 U.S.A., and any successor in interest by way of consolidation, operation of law, merger or otherwise. 

1.08     “Code” shall mean the Internal Revenue Code of 1986, as amended. 

 1.09    “Confidential Information” shall mean all information
known or used by Ceridian in connection with its business, including but not limited to any technology, including computer software and designs, program, code, formula, design, prototype, compilation of information, data, techniques, process,
information relating to any product, device, equipment or machine, industrial or commercial designs, customer information, financial information, marketing information, business opportunities, and the results of research and development, including
without limitation: 
 (a)    information or material relating to Ceridian and its business as conducted or anticipated
to be conducted, including without limitation: business plans; operations; past, current or anticipated services, products or software; customers or prospective customers; relations with business partners or prospective business partners; or
research, engineering, development, manufacturing, purchasing, accounting, or marketing activities; 
 (b)    information
or material relating to Ceridian’s inventions, improvements, discoveries, “know-how,” technological developments, or unpublished writings or other works of authorship, or to the materials,
apparatus, processes, formulae, plans or methods used in the development, manufacture or marketing of Ceridian’s services, products or software; 

(c)    information on or material relating to Ceridian which when received is marked as “proprietary,”
“private” or “confidential;” 
 (d)    trade secrets of Ceridian; 

(e)    software of Ceridian in various stages of development, software designs,
web-based solutions, specifications, programming aids, programming languages, interfaces, visual displays, technical documentation, user manuals, data files and databases of Ceridian; 

(f)    information relating to employees of Ceridian including with respect to compensation, positions, job descriptions,
responsibilities, areas of expertise and experience; and 
 (g)    any similar information of the type described above
which Ceridian obtained from another party and which Ceridian treats as or designates as being proprietary, private or confidential, whether or not owned or developed by Ceridian. 

Notwithstanding the foregoing, “Confidential Information” does not include any information which is now or subsequently becomes properly generally
publicly available or in the public domain; is independently made available to Executive in good faith by a third party who has not violated a confidential relationship with Ceridian; or is required to be disclosed by law or legal process.
Notwithstanding the foregoing, information which is made generally publicly available by or with the aid of Executive outside the scope of employment or contrary to the requirements of this Agreement and reasonable business practice will not be
generally publicly available or in the public domain for the purposes of this Agreement. 
 1.10    “Disability”
shall mean total and permanent disability, as defined in the Disability Plan. 
 1.11    “Disability Plan” shall
mean Ceridian’s group long-term disability plan applicable to executives, as may be amended from time to time in Ceridian’s sole discretion. 

  
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 1.12    “Effective Date” of this Agreement shall mean the date
set forth on the first page of this Agreement. 
 1.13    “Good Reason” means one or more of the following
events which shall occur without Executive’s express written consent: 
 (a)    A change in Executive’s
reporting responsibilities which has the effect of materially diminishing Executive’s responsibility or authority, excluding for this purpose an isolated, insubstantial or inadvertent action not taken in bad faith and which is remedied by
Ceridian HCM promptly after receipt of written notice thereof given by Executive and excluding any diminution attributable to a sale, spin-off, reverse spin-off or
similar disposition of any Affiliate of Ceridian; 
 (b)    In the event that the Chief Executive Officer is not the same
individual who held such office as of the Start Date, and subsequently a material diminution in Executive’s authority, duties or responsibilities occurs (regardless of whether or not such material diminution is accompanied by a change in
Executive’s reporting responsibilities); 
 (c)    A change in Executive’s primary working location to any site
that is more than fifty (50) miles from Boston City Hall; 
 (d)    A reduction by Ceridian HCM in Executive’s
Base Salary or opportunity to earn incentive pay (as contemplated under Section 3.02 below, but for certainty subject to Ceridian HCM’s discretion as expressly set forth therein), as the same may be increased from time to time thereafter
or any failure by Ceridian HCM to pay any portion of Executive’s compensation when due, other than an isolated, insubstantial and inadvertent failure not occurring in bad faith and which is remedied by Ceridian HCM promptly after receipt of
written notice thereof given by Executive; 
 (e)    Without replacement by plans, programs or arrangements which, taken
as a whole, provide benefits to Executive at least reasonably comparable to those discontinued or adversely affected, (A) the failure by Ceridian HCM to continue in effect, any life insurance, health, accident, disability, or any other employee
compensation or benefit plan, program or arrangement, in which Executive is participating; or (B) the taking of any action by Ceridian HCM that would materially and adversely affect Executive’s participation or materially reduce
Executive’s benefits under any of such plans, programs or arrangements, in each case, other than an isolated, insubstantial and inadvertent failure or reduction not occurring in bad faith and which is remedied retroactively by Ceridian HCM
promptly but in no event later than sixty (60) days after receipt of written notice thereof given by Executive; 

(f)    Any material breach of this Agreement by Ceridian HCM, or the failure by a successor to Ceridian to assume the
provisions this Agreement, other than an isolated, insubstantial and inadvertent breach or failure not occurring in bad faith which is remedied retroactively by Ceridian HCM promptly but in no event later than sixty (60) days after receipt of
written notice thereof given by Executive. 

  
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 Notwithstanding anything to the contrary contained in this definition, no Good Reason shall be effective or
deemed to occur, unless notice referencing the definition of Good Reason in this Agreement and including a description of the factors constituting the alleged “Good Reason” is provided in writing to the Chief Executive Officer of Ceridian
HCM by Executive (or his representatives on his behalf) and Ceridian HCM fails to cure such alleged “Good Reason” within 30 days; provided that in the event Ceridian HCM terminates Executive for Cause, any failure by Executive (or
his representatives on his behalf) to provide notice of an alleged “Good Reason” prior to such termination shall not prejudice Executive’s right to claim that a “Good Reason” occurred prior to such termination. 

1.14    “Person” is to be interpreted broadly and shall include any individual, partnership, firm, corporation,
company, limited liability or joint stock company, trust, unincorporated association, joint venture, syndicate, governmental entity or any other entity, and pronouns have a similarly extended meaning. 

1.15    “Restrictive Period” means the period of time, as set forth in Section 8.15, immediately following
Executive’s termination of employment with Ceridian for any reason whatsoever. 
 1.16    “Start Date” has
the meaning set forth in Section 2.03 below. 
 ARTICLE 2 

EMPLOYMENT, DUTIES AND TERM 

2.01    Employment. Upon the terms and conditions set forth in this Agreement, Ceridian HCM hereby confirms the employment
of the Executive as Executive Vice President, Chief Strategy Officer of Ceridian, reporting to the Chief Executive Officer, and Executive hereby accepts such employment. 

2.02    Duties and Responsibilities. As Chief Strategy Officer of Ceridian, Executive shall: 

(a)    devote his or her full-time and reasonable best efforts to Ceridian and to fulfilling the duties of his or her
position which shall include such duties as may from time to time be assigned to him/her by his or her manager, provided that such duties are reasonably consistent with Executive’s education, experience and background; 

(b)    comply with Ceridian’s policies and procedures, including, but not limited to its Code of Conduct, to the
extent that such policies and procedures are not inconsistent with this Agreement, in which case the provisions of this Agreement shall prevail. 
 However,
and notwithstanding the foregoing, Ceridian HCM acknowledges that Executive will be continuing to provide certain consulting services to his current employer (and major stockholder of Ceridian HCM Holding), Thomas H. Lee Partners L.P.
(“THL”) from time to time while employed with Ceridian HCM, and Ceridian agrees that such consulting services for THL will not constitute a breach of Executive’s obligations hereunder provided they do not materially interfere with his
ability to perform his responsibilities for Ceridian HCM. 
 2.03    Term. Subject to the provisions of ARTICLE 4,
Executive’s employment shall commence on September 4, 2018, or such other earlier or later date as Ceridian and Executive agree upon (the “Start Date”) and shall continue until terminated by either party in accordance with
the terms hereof (the “Term”). 

  
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 2.04    Executive Representation. Executive hereby represents to Ceridian
HCM that the execution and delivery of this Agreement by Executive and the performance by Executive of Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene the terms of any other employment agreement or other
agreement or policy to which Executive is a party or otherwise bound. 
 2.05    Legal Work Requirements. This Agreement
and Executive’s continued employment with Ceridian HCM is contingent upon Executive meeting and maintaining throughout his or her employment, all requirements necessary to be legally entitled to work for Ceridian HCM within the United States,
performing the roles assigned in connection with this position. 
 ARTICLE 3 

COMPENSATION AND EXPENSES 

3.01    Base Salary. In exchange for all services rendered by Executive under this Agreement during the Term, Ceridian HCM
shall pay Executive a Base Salary in an amount not less than Six Hundred Fifty-Five Thousand ($655,000.00) Dollars USD per year, which amount will be subject to periodic review for increases in accordance with Ceridian HCM’s salary review
process. The Base Salary shall be paid in accordance with Ceridian HCM’s normal payroll procedures and policies, as such procedures and policies may be modified from time to time. 

3.02    Incentive Plan 

(a)    For the calendar year 2018, Executive shall be entitled to a bonus payment in the amount equal to Sixty Percent
(60%) of Executive’s Base Salary, payable at the same time as the last regular pay period of December, 2018. Executive must remain an employee of Ceridian HCM through to and including December 31, 2018 in order to be entitled to such
payment, failing which the bonus amount will be pro-rated (based on the number of days he was an employee of Ceridian HCM, divided by number of days from his Start Date through to December 31, 2018); 

(b)    For the calendar year 2019 and each year thereafter, Executive shall be eligible to participate in Ceridian’s
variable incentive plan (the “Incentive Plan”) (i) on the same terms and conditions applicable to other similarly situated Ceridian executives, (ii) with a target annual payout based on Sixty Percent (60%) of Executive’s
Base Salary, prorated for the number of months Executive participates in the Incentive Plan during a year. The Incentive Plan compensation payable shall be at the sole discretion of Ceridian HCM. The specific objectives and success criteria of the
Incentive Plan shall be established by the Board each year, subject to change from time to time, in its sole discretion. Ceridian HCM Holding shall have the right to alter, amend or discontinue any incentive plans, including the Incentive Plan, or
Executive’s participation therein, with or without prior notice and without compensation to Executive, provided the changes are consistent with those affecting other executives at Executive’s same or similar level and the Executive
acknowledges and agrees that such changes will not constitute a constructive dismissal of the Executive’s employment. Payment, if any, under the Incentive Plan is at the sole discretion of Ceridian HCM and will only be made if Ceridian’s
senior management team, the Board, compensation committee of the Board and/or other required personnel approve the amount to fund the Plan. Notwithstanding anything to the contrary, in the 

  
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context of Ceridian, the Board or any other party exercising its “sole discretion” hereunder when making a change or decision relating to the Incentive Plan, such discretion must be
applied consistently to other executives at Executive’s same or similar level. 
 3.03    Benefit Plans. Executive
shall be entitled to participate in the employee health and welfare, retirement and other employee benefits programs offered generally from time to time by Ceridian to its senior executive employees in the applicable country, to the extent that
Executive’s position, tenure, salary, and other qualifications make Executive eligible to participate. 

3.04    Business Expenses. Ceridian HCM shall, consistent with its policies in effect from time to time, bear all ordinary
and necessary business expenses incurred by Executive in performing his or her duties as an employee of Ceridian HCM, provided that Executive accounts promptly for such expenses to Ceridian HCM in accordance with Ceridian HCM’s applicable
expense reimbursement policy the manner prescribed from time to time by Ceridian HCM. 
 3.05    Vacation. Executive is
entitled to a minimum of 4 weeks (i.e. 20 days) paid vacation in each calendar year; provided that such PDO/vacations may be taken only at such times as Executive and his or her manager may from time to time reasonably determine having regard to the
operations of Ceridian. PDO/vacation should be taken and shall be accrued and carried over, if applicable, in accordance with Ceridian’s Vacation and PDO policies. 

3.06    Equity Grant Grants. Subject to approval by the Board and the execution and delivery of appropriate documentation
related thereto, the Executive will be granted: 
 (a)    restricted stock units that will provide the Executive the
opportunity to acquire One Hundred Thousand (100,000) shares of Ceridian HCM Holding common stock upon the settlement of the stock units, to be granted as follows: 
  

	 	(i)	 Fifty Thousand (50,000) to be granted on or around Executive’s Start Date; and 

 

	 	(ii)	 Fifty Thousand (50,000) to be granted on or around the first anniversary of Executive’s Start Date,
provided Executive is still employed by Ceridian HCM on such date; and 

 (b)    options to purchase
One Hundred Thousand (100,000) shares of Ceridian HCM Holding common stock, to be granted on or around Executive’s Start Date. 

(collectively the “Equity Awards”) 

The Equity Awards contemplated under this Section 3.06 shall be provided subject to and in conformity with the provisions of the Ceridian HCM Holding
2018 Equity Incentive Plan, as the same may be amended from time to time, together with a non-qualified stock option agreement and a restricted stock unit award agreement (and / or such other agreements as may
be required by Ceridian HCM Holding) to be entered into between Executive and Ceridian HCM Holding. Each of the Equity Awards will vest twenty-five percent (25%) on the first four (4) anniversaries of the date of grant, subject to
Executive’s continued service through the applicable vesting date. 

  
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 3.07    Signing Bonus. Executive will be entitled to a one-time signing bonus in the amount of Two Hundred Thousand Dollars ($200,000.00) USD, (less applicable statutory withholdings as required by law), which will be paid to Executive at the same time as the first
regular payment of his Base Salary. Executive must be employed by Ceridian HCM at the time such bonus is to be paid in order to be entitled to receive it. 

3.08    Deductions. Ceridian HCM shall be entitled to make such deductions and withholdings from Executive’s
remuneration as Ceridian HCM reasonably determines are by law required to be made, and as may be required by Executive’s participation in any of the benefit programs described herein. 

3.09    Indemnification and Insurance. 

(a)     In addition to any benefits provided under applicable law, Executive will be entitled to the benefits of those
provisions of Ceridian HCM Holding’s Certificate of Incorporation and By-Laws, as may be amended from time to time, which provide for indemnification of directors and officers of Ceridian HCM Holding (and
no such provision shall be amended in any way to limit or reduce the extent of indemnification available to Executive as a director or officer of Ceridian HCM Holding). The rights of Executive under such indemnification obligations shall survive the
termination of this Agreement and be applicable for so long as Executive may be subject to any claim, demand, liability, cost or expense, which the indemnification obligations referred to in this Section 3.09 are intended to protect and
indemnify him or her against. 
 (b)    Ceridian shall, at no cost to Executive, at all times include Executive, during
the Term and for so long thereafter as Executive may be subject to any such claim, as an insured under any directors’ and officers’ liability insurance policy maintained by Ceridian, which policy shall provide such coverage in such amounts
as the Board shall deem appropriate for coverage of all directors and officers of Ceridian HCM Holding. 
 ARTICLE 4 

EARLY TERMINATION 

4.01    Termination for Cause. Ceridian HCM may terminate this Agreement and Executive’s employment immediately for
Cause. For the purpose hereof “Cause” shall mean: 
 (a)    conduct by Executive involving theft or
misappropriation of assets of Ceridian; 
 (b)    fraud, embezzlement or an indictable offense by Executive; 

(c)    any material act of dishonestly, financial or otherwise, by Executive against Ceridian; 

(d)    intentional violations of law by Executive involving moral turpitude; 

(e)    any material violation of Ceridian’s Code of Conduct and ethics policies by Executive; 

(f)    breach of Executive’s obligations under any non-competition, non-solicitation or other similar restrictive covenant agreement made with any member of Ceridian; or 

  
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 (g)    the continued failure by Executive to attempt in good faith to
perform his or her duties as reasonably assigned to Executive pursuant to Section 2.02 of this Agreement, after receiving not less than 90 days written notice of such failure and a demand to rectify such failure (which notice specifically
identifies the manner in which it is alleged Executive has not attempted in good faith to perform such duties). 

4.02    Termination Without Cause. Ceridian HCM may terminate this Agreement and Executive’s employment without Cause
immediately upon written notice to Executive. In the event of termination of Executive’s Employment pursuant to this Section 4.02 and subject to Section 4.06 and 4.07, compensation shall be paid to Executive as follows: 

(a)    a lump sum cash payment, payable within 30 days of Executive’s last day of employment (subject to receipt of
the general release of claims to be executed by the Executive as contemplated in Section 4.06 below), based on length of service, as follows: 
  

			
	 Years of Service
	  	Base Salary
	 0 through 7 (7 full years)
	  	12 months
	 8 through 14 (14 full years)
	  	15 months
	 More than 14
	  	18 months

 (b)    a lump sum payment equal to a pro-rated
portion of Executive’s Incentive Plan compensation referenced in Section 3.02 above (at target level), if any, to which he or she would have become entitled for the fiscal year in which his or her termination occurs. Such amount will be
paid to Executive at the same time as payments are made to other Ceridian HCM employees receiving payments under the Incentive Plan; 

(c)    reasonable executive-level outplacement services, not to exceed $10,000 Dollars, in value for a period of up to 12
months following Executive’s termination of employment (or if earlier, until the first acceptance by Executive of an offer of employment), to be provided through Ceridian HCM’s preferred provider of such services; 

(d)    for a period of up to 6 months following the date of Executive’s termination, or until Executive is no longer
eligible for “COBRA” continuation coverage, whichever is earlier, and subject to Executive’s valid election to continue health care coverage under Section 4980B of the Code (“COBRA”), Ceridian HCM will subsidize
Executive’s COBRA payment obligations, and the payment obligations of his covered family members (as long as they are qualified beneficiaries at the time of his termination and remain qualified beneficiaries in accordance with the terms and
conditions of the benefit plan). 
 4.03    Termination by Executive upon Written Notice. Executive may terminate this
Agreement and his or her employment at any time and for any reason on at least 90 days’ prior written notice to Ceridian HCM, or such shorter period of notice as may be accepted by Ceridian HCM in writing. Ceridian HCM shall be entitled to
waive entirely, or abridge, such notice period, without being required to pay Executive any severance payment in lieu or other compensation in respect of such notice period. 

  
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 4.04    Termination in the Event of Death or Disability. This Agreement
and Executive’s employment shall terminate in the event of death or Disability of Executive, in which case the following will apply: 

(a)    In the event of Executive’s Disability, Base Salary shall be terminated as of the end of such period that
Executive is unable to perform his or her duties on a full-time basis and that establishes that Executive suffers from a Disability pursuant to the Disability Plan; 

(b)    In the event of termination by reason of Executive’s death or Disability, and subject to Sections 4.06 and
4.07, Ceridian HCM shall pay to Executive a prorated portion of the Incentive Plan compensation (at target level), if any, to which Executive would otherwise have become entitled for the fiscal year in which his or her death or Disability occurs had
Executive remained continuously employed for the full fiscal year, calculated by multiplying such Incentive Plan compensation by a fraction, the numerator of which is the number of days in the applicable fiscal year through the date of termination
and the denominator or which is 365. The amount payable pursuant to this Section 4.04(b) shall be paid within 15 days after the date such Incentive Plan would have otherwise been paid had Executive remained employed for the full fiscal year;
i.e. the payout date for all other Ceridian employees and executives. 
 4.05    Termination for Good Reason. Executive
may terminate his employment with Ceridian for Good Reason (in accordance with the notice requirements set forth herein) and receive the compensation set out in Section 4.02. 

4.06    Entire Termination Payment. The compensation provided for in this ARTICLE 4 for termination of this Agreement and
Executive’s employment pursuant to Sections 4.02, 4.03 or 4.04 shall constitute Executive’s sole remedy for such termination. Executive shall not be entitled to any other notice of termination, or termination or severance payment which
otherwise may be payable to Executive under common law, case law, statute, in equity or other agreement between Executive and Ceridian HCM, and he or she shall have no action, cause of action, claim or demand against Ceridian HCM, Ceridian HCM or
any other Ceridian Affiliate or any other Person as a consequence of such termination. It shall be a condition of the payment of the compensation provided for in this ARTICLE 4 that Executive shall timely execute a general release of claims in a
form reasonably satisfactory to Ceridian and not revoke the release in the time provided to do so. Ceridian HCM shall provide Executive with a form of release not later than five days following the Executive’s termination of employment and
Executive must execute and deliver the release within 21 days following the date Ceridian HCM delivers the release to the Executive or such other period as established by applicable law. 

4.07    Return of Records upon Termination. Upon termination of Executive’s employment with Ceridian HCM for any reason
whatsoever, all documents, records, notebooks, and similar repositories of, or containing, trade secrets or intellectual property of Ceridian, or any Confidential Information, then in Executive’s possession or control, including copies thereof,
whether prepared by Executive or others, will be promptly returned to or left with Ceridian. 

  
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 4.08    Code Section 409A. It is the parties’
intention that payments under this ARTICLE 4 will be exempt from the requirements of Section 409A of the Code (“Section 409A”) because they are short term deferrals under Treas. Reg. Sec. 1.409A-1(b)(4) or payments under a separation pay plan within the meaning of Treas. Reg. Sec. 1.409A-1(b)(9) and the Agreement shall be construed and administered in a manner
consistent with such intent. If any payment is or becomes subject to the requirements of Section 409A, the Agreement, as it relates to such payment, is intended to comply with the requirements of Section 409A. Further, any payments that
are subject to the requirements of Section 409A may be accelerated or delayed only if and to the extent otherwise permitted under Section 409A. All payments to be made under the Agreement upon a termination of employment may only be made
upon a “separation of service” as defined under Section 409A and any “separation from service” shall be treated as a termination of employment. If the provision of a benefit or a payment is determined to be subject to
Section 409A, then, if Executive is a “specified employee” within the meaning of the Treasury Regulations issued pursuant to Section 409A as of Executive’s date of termination, no amount that constitutes a deferral of
compensation that is payable on account of the Executive’s separation from service shall be paid to Executive before the date that is the first day of the seventh month after Executive’s date of termination or, if earlier, the date of
Executive’s death (the “delayed payment date”). All such withheld amounts will be accumulated and paid, without interest, on the delayed payment date. 

ARTICLE 5 

CONFIDENTIALITY AND ETHICS 

5.01    Confidentiality. Executive acknowledges Ceridian’s representation that it has taken reasonable measures to
preserve the secrecy of its Confidential Information. Executive will not, during the term or after the termination or expiration of this Agreement or his or her employment, publish, disclose, or utilize in any manner any Confidential Information
obtained while employed by Ceridian HCM, except that, during Executive’s employment, Executive shall be entitled to use and disclose Confidential Information (i) as reasonably required to perform Executive’s duties as an employee of
Ceridian, and (ii) in the reasonable conduct of the business and Executive’s role within the business. If Executive leaves the employ of Ceridian, Executive will not, without Ceridian’s prior written consent, retain or take away any
drawing, writing or other record in any form containing any Confidential Information. Further, Executive agrees to comply with the terms and conditions of Ceridian’s Privacy Guidelines & Pledge of Confidentiality, the terms of which
are attached hereto as Appendix A and are incorporated herein by reference and form a part of this Agreement. 

5.02    Business Conduct and Ethics. During the Term, Executive will engage in no activity or employment which may conflict
with the interest of Ceridian, and will comply with Ceridian’s policies and guidelines pertaining to business conduct and ethics. 

5.03    Policies. Executive agrees to follow the policies and procedures established by Ceridian from time to time. 

  
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 ARTICLE 6 

INTELLECTUAL PROPERTY RIGHTS, DISCLOSURE 

AND ASSIGNMENT 

6.01    Disclosure. Executive will disclose promptly in writing to Ceridian all inventions, improvements, discoveries,
software, writings and other works of authorship which are conceived, made, discovered, or written jointly or singly on Ceridian time or on Executive’s own time, providing the invention, improvement, discovery, software, writing or other work
of authorship is capable of being used by Ceridian in the normal course of business. All such inventions, improvements, discoveries, software, writings and other works of authorship shall belong solely to Ceridian immediately upon conception,
development, creation, production or reduction to practice, and Executive hereby waives any and all moral rights that he or she may have therein. 

6.02    Instruments of Assignment. Executive will sign and execute all instruments of assignment and other papers to
evidence transfer of Executive’s entire right, title and interest in such inventions, improvements, discoveries, software, writings or other works of authorship in Ceridian, at the request and the expense of Ceridian, and Executive will do all
acts and sign all instruments of assignment and other papers Ceridian may reasonably request relating to applications for patents, patents, copyrights, and the enforcement and protection thereof. If Executive is needed, at any time, to give
testimony, evidence, or opinions in any litigation or proceeding involving any patents or copyrights or applications for patents or copyrights, both domestic and foreign, relating to inventions, improvements, discoveries, software, writings or other
works of authorship conceived, developed or reduced to practice by Executive, Executive agrees to do so, and if Executive leaves the employ of Ceridian, Ceridian shall pay Executive at a rate mutually agreeable to Executive and Ceridian, plus
reasonable traveling or other expenses. 
 6.03    Ceridian’s IP Development Agreement. Without limiting the
generality of the foregoing, Executive agrees to comply with the terms and conditions of Ceridian’s Intellectual Property Agreement as amended from time to time, the current terms of which are attached hereto as Appendix B and are
incorporated herein by reference and form a part of this Agreement. 
 ARTICLE 7 

NON-COMPETITION, NON-RECRUITMENT, NON-DISPARAGEMENT 
 7.01    General. The parties hereto recognize and agree that
(a) Executive is a senior executive of Ceridian, (b) Executive has received, and will in the future receive substantial amounts of Confidential Information (c) Ceridian’s business is conducted on a worldwide basis and,
(d) provision for non-competition, non-recruitment and non-disparagement obligations by Executive is critical to
Ceridian’s continued economic well-being and protection of Ceridian’s Confidential Information. In light of these considerations, this ARTICLE 7 sets forth the terms and conditions of Executives obligations of non-competition, non-recruitment and non-disparagement subsequent to the termination of this Agreement and/or Executive’s
employment for any reason. 
 7.02    Non-competition. During the term of this
Agreement, Executive will devote full time and energy to furthering Ceridian’s business and will not pursue any other business activity, excepting charitable, religious, or civic volunteer efforts, without Ceridian’s written consent.
Unless the obligation is waived or limited by Ceridian in accordance this Section 7.02, Executive agrees that during the Restrictive Period, Executive will not directly or indirectly, alone or as a partner, officer, director, shareholder or an
employee, engage in any commercial activity on behalf of any of the following (and / or their respective affiliates): Workday Inc., Automatic Data Processing, Inc., Ultimate Software Inc., SAP Success Factors (SAP America Inc.), and Kronos

  
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Incorporated. For purposes of this subsection, “shareholder” shall not include beneficial ownership of less than five percent (5%) of the combined voting power of all issued and
outstanding voting securities of a publicly held corporation whose stock is traded on a major stock exchange. For the avoidance of doubt “Ceridian’s business” as used herein shall include business conduct by any Ceridian Affiliate and
any partnership or joint venture in which Ceridian or its Affiliates is a partner or joint venturer. 
 7.03    Non-Recruitment. During the term of employment and during the Restrictive Period, Executive will not directly or indirectly hire any of Ceridian’s employees, or solicit any of Ceridian’s employees for
the purpose of hiring them or inducing them to leave their employment with Ceridian, nor will Executive own, manage, operate, join, control, consult with, participate in the ownership, management, operation or control of, be employed by or be
connected in any manner with any person or entity which engages in the conduct prescribed in this Section 7.03. This provision shall not preclude Executive from responding to a request (other than by Executive’s employer) for a reference
with respect to an individual’s employment qualifications. Nothing in this Section shall prohibit Executive from making general solicitations for employment by means of advertisements, public notices, or internal or external websites or job
search engines. 
 7.04    Non-Disparagement. Executive will not, during the term
or after the termination or expiration of this Agreement or Executive’s employment, make disparaging statements, in any form, about Ceridian, its officers, directors, agents, employees, products or services which Executive knows, or has reason
to believe, are false or misleading. 
 7.05    Survival and Enforceability. The obligations of this ARTICLE 7 shall
survive the termination or expiration of this Agreement and Executive’s employment. Should any provisions of this ARTICLE 7 be held invalid or illegal, such illegality shall not invalidate the whole of this ARTICLE 7 or the agreement, but,
rather, ARTICLE 7 shall be construed as if it did not contain the illegal part or narrowed to permit its enforcement, and the rights and obligations of the parties shall be construed and enforced accordingly. In furtherance of and not in limitation
of the foregoing, Executive expressly agrees that should the duration of or geographical extent of, or business activities covered by, any provision of this ARTICLE 7 be in excess of that which is valid or enforceable under applicable law, then such
provisions should shall be construed to cover only that duration, extent or activities that may validly be covered. Executive expressly stipulates that this ARTICLE 7 shall be construed in a manner that renders its provisions valid and enforceable
to the maximum extent (not exceeding its expressed terms) possible under applicable law. This ARTICLE 7 does not replace and is in addition to any other agreements Executive may have with Ceridian on the matters addressed herein. 

ARTICLE 8 
 GENERAL
PROVISIONS 
 8.01    Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the
successors and assigns of Ceridian HCM, whether by way of merger, consolidation, operation of law, assignment, purchase or other acquisition of substantially all of the assets or business of Ceridian HCM, and Ceridian HCM shall take all available
steps to ensure that any such successor or assign shall absolutely and unconditionally assume all of Ceridian HCM’s obligations hereunder. 

  
 Page 12 

 8.02    Notices. All notices, requests and demands given to or made
pursuant hereto shall, except as otherwise specified herein, be in writing and be delivered or mailed to any such party at the addresses set forth in the signature blocks below. Either party may, by notice hereunder, designate a changed address. Any
notice, if mailed properly addressed, postage prepaid, registered or certified mail, shall be deemed dispatched on the registered date or that stamped on the certified mail receipt, and shall be deemed received within the second business day
thereafter or when it is actually received, whichever is sooner. 
 8.03    Survival. The obligations of Subsection
3.09(a), Section 5.01, ARTICLE 6 and ARTICLE 7 shall survive the expiration or termination of this Agreement and Executive’s employment. 

8.04    Captions. The various headings or captions in this Agreement are for convenience only and shall not affect the
meaning or interpretation of this Agreement. 
 8.05    Governing Law. The laws of the State of Minnesota will govern the
validity, construction and performance of this Agreement. 
 8.06    Construction. Wherever possible, each provision of
this Agreement shall be interpreted in such manner as to be effective and valid under applicable law. Subject to applicable law, if there is a conflict or inconsistency between the terms of this Agreement and applicable law, the terms of this
Agreement will govern to the extent of that conflict or inconsistency, but if any provision of this Agreement shall be prohibited by or invalid under applicable law, such provision shall be ineffective only to the extent of such prohibition or
invalidity without invalidating the remainder of such provision or the remaining provisions of this Agreement. 

8.07    Severability. If any provision of this Agreement is found to be invalid, illegal or unenforceable by a court of
competent jurisdiction, such provision shall be conclusively deemed to be severable and to have been severed from this Agreement and the balance of this Agreement shall remain in full force and effect, notwithstanding such severance. To the extent
permitted by law, each of the parties hereto hereby waives any law, rule or regulation that might otherwise render any provision of this Agreement invalid, illegal or unenforceable. 

8.08    Waivers. No failure on the part of either party to exercise, and no delay in exercising, any right or remedy
hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right or remedy hereunder preclude any other or further exercise thereof or the exercise of any other right or remedy granted hereby or by any related
document or by law. 
 8.09    Modification. Any changes or amendments to this Agreement must be in writing and signed by
both parties. 
 8.10    Entire Agreement. This Agreement constitutes the entire agreement and understanding between the
parties hereto in reference to all the matters herein agreed upon. This Agreement replaces in full all prior employment or change of control agreements or understandings of the parties hereto with respect to such subject matter, and any and all such
prior agreements or understandings are hereby rescinded by mutual agreement. 

  
 Page 13 

 8.11    Execution of Agreement. This Agreement may be executed in any
number of counterparts, each of which when executed and delivered shall be deemed to be an original, and such counterpart together shall constitute one and the same agreement. For the purposes of this Section, the delivery of a facsimile copy or e-mailed .pdf of an executed counterpart of this Agreement shall be deemed to be valid execution and delivery of this Agreement, but the party delivering such copy shall deliver an original copy of this Agreement as
soon as possible thereafter. 
 8.12    Taxes. Ceridian is authorized to withhold from any payments made hereunder and any
other compensation payable to Executive in any capacity amounts of withholding and other taxes due or potentially payable in connection therewith, and to take such other action as Ceridian reasonable determines is advisable to enable Ceridian and
Executive to satisfy obligations for the payment of withholding taxes and other tax obligations relating to any payments made under this Agreement. 

8.13    Currency. All payments made hereunder shall be in the currency of the United States. 

8.14    Breach of Restrictive Covenants. Executive acknowledges and agrees that any breach by Executive of the restrictions
set forth in ARTICLE 5 and ARTICLE 7 shall be considered a material breach of this Agreement entitling Ceridian to seek damages and pursue any additional rights or remedies as may be available to it at law or in equity. 

8.15    Restrictive Period. 
 The
Restrictive Period, as set forth below, is tied to Executive’s years of service, consistent with Executive’s lump sum cash payment calculation, as set forth in Section 4.02(a): 

 

			
	 Years of Service
	  	Restrictive Period
	 0 through 7 (7 full years)
	  	12 months
	 8 through 14 (14 full years)
	  	15 months
	 More than 14
	  	18 months

 At its sole option, Ceridian may, by written notice to Executive at any time within the Restrictive Period, waive or limit the
time and/or terms of the restriction. 
 ARTICLE 9 

EXECUTIVE’S UNDERSTANDING 

9.01    Executive’s Understanding. Executive recognizes and agrees that he or she has read and understood all and each
Article, Section and paragraph of this Agreement, and that he or she has received adequate explanations on the nature and scope of those Articles, Sections and paragraphs which he or she did not understand. Executive recognizes that he or she has
been advised that the Agreement entails important obligations on his or her part, and recognizes that he or she has had the opportunity of consulting his or her legal adviser before signing the Agreement. 

  
 Page 14 

 9.02    Employment At-Will.
Nothing in this Agreement is intended to establish any minimum period of the Executive’s continuing employment, and such employment continues to be on an “at-will” basis, subject to the
provisions for compensation and benefits payable to Executive upon termination in ARTICLE 4. The Executive acknowledges that his or her employment with Ceridian HCM is terminable at will at any time by either party. 

[Remainder of Page Left Intentionally Blank] 

  
 Page 15 

 IN WITNESS WHEREOF the parties hereto have caused this Agreement to be duly executed and delivered as
of the day and year first above written. 
  

			
	CERIDIAN HCM, INC.
		
	Per:	 	 /s/ David Ossip

	Name:	 	David Ossip
	Title:	 	Chief Executive Officer
	
	EXECUTIVE
	
	 /s/ Erik Zimmer

	Erik Zimmer

 [SIGNATURE PAGE TO ERIK ZIMMER EXECUTIVE EMPLOYMENT AGREEMENT] 

 APPENDIX A 

Privacy Guidelines & Pledge of Confidentiality 

As an employee of Ceridian HCM, Inc. or one of its affiliates (collectively “Ceridian”), you will be in a position of trust and
confidence, and will have access to and become familiar with Confidential Information (as that term is defined in the Employment Agreement to which this Appendix is attached) used by or in possession of Ceridian. The unauthorized disclosure to or
unauthorized use by third parties of any Confidential Information, or your unauthorized use of such information, could seriously harm Ceridian’s business and cause monetary loss that would be difficult, if not impossible, to measure. 

Ceridian is sensitive to the necessity of maintaining the confidentiality of Confidential Information. Ceridian recognizes both the inherent right to privacy
of every individual and its obligation to preserve the confidentiality of Confidential Information kept in its files. Ceridian is also aware of the concerns about individual privacy and perceived possible abuses of Confidential Information kept in
automated data banks and other forms. Ceridian has, therefore, established privacy guidelines to ensure the protection, to the best of Ceridian’s ability, of all Confidential Information in its possession, in whatever form it is kept, whether
it be an automated data bank, manual (or paper) file, microfiche or any other form. Accordingly, all Confidential Information in the possession of Ceridian, whether from clients or from Ceridian’s own employees or contractors, must be handled
and protected in accordance with the following principles: 
  

	1.	 The independent consideration which you shall be entitled to receive in consideration of agreeing to the terms
of this document, shall consist of employment by Ceridian in accordance with Ceridian’s written offer of employment. You acknowledge that the foregoing independent consideration consists of real,
bargained-for benefits to which you would have no entitlement but for your agreement to be bound by the terms set forth in this document. You further acknowledge that you were not entitled to receive the
foregoing independent consideration prior to agreeing to the terms of this document. The terms of this document shall and do form an integral part of the terms of your employment with Ceridian, and shall be considered incorporated into the terms of
your offer of employment and / or employment agreement with Ceridian. 

  

	2.	 You acknowledge Ceridian’s representation that it has taken and intends to take reasonable measures to
preserve the secrecy of its Confidential Information, including, but not limited to, requiring you to agree to the terms of this document, as a condition of and part of the terms of your employment with Ceridian. You will hold all Confidential
Information in the strictest confidence, and will not directly or indirectly copy, reproduce, disclose or divulge, or permit access to or use of, or obtain any benefit from, the Confidential Information or directly or indirectly use the Confidential
Information other than as (a) as reasonably required to perform your duties as an employee of Ceridian, or (b) in the reasonable conduct of the business and your role within the business. For greater certainty, you shall not use the
Confidential Information directly or indirectly in any business other than the business of Ceridian, without the prior written consent of Ceridian. Confidential Information is the exclusive property of Ceridian or its Clients (as the case may be),
and you will not divulge any Confidential Information to any person except to Ceridian’s qualified employees or advisers or other third parties with whom Ceridian has confidential business relations, and you will not, at any time, use
Confidential Information for any purpose whatsoever, except as required to perform your duties as an employee of Ceridian or in the reasonable conduct of the business or your role within the business. Without limiting the generality of the
foregoing, you acknowledge and agree that Confidential Information received from a Client is to be used only for the purposes intended by the Client when entering into an agreement with Ceridian, and will not be used for any other purpose.
Confidential Information will only be kept for the limited period of time necessary for Ceridian to fulfil its obligations. Regardless of the reason for termination of your employment (and whether or not you or Ceridian terminate the employment
relationship): (a) you will not after the term of your employment, disclose Confidential Information which you may learn or acquire during your employment to any other person or entity or use any Confidential Information for your own benefit or for
the benefit of another; and (b) you will immediately deliver to Ceridian all property and Confidential Information in your possession or control which belong to Ceridian. 

	3.	 You acknowledge that your breach of the terms of this document may cause irreparable harm to Ceridian
and that such harm may not be compensable entirely with monetary damages. If you violate the terms of this document, Ceridian may seek injunctive relief or any other remedy allowed at law, in equity, or under the terms of this agreement. In
connection with any suit by Ceridian hereunder, Ceridian shall be entitled to an accounting, and to the repayment of all profits, compensation, commissions, fees or other remuneration which you have realized, as a result of the violation of the
terms of this agreement which is the subject of the suit. In addition to the foregoing, Ceridian shall be entitled to collect from you any reasonable attorney’s fees and costs incurred by Ceridian in bringing any successful action against you
or in otherwise successfully enforcing the terms hereof against you. You acknowledge and agree that nothing herein shall affect Ceridian’s rights to bring an action in a court of law for any legal claim against any third party who aids you in
violating the terms of this agreement or who benefits in any way from your violation hereof. 

  

	4.	 You understand and agree that the terms of this document shall apply no matter when, how or why your employment
terminates and regardless whether the termination is voluntary or involuntary, and that the terms shall survive the termination of your employment. 

  

	5.	 If any one or more of the terms of this document are deemed to be invalid or unenforceable by a court of law,
the validity, enforceability and legality of the remaining provisions will not, in any way, be affected by or impaired thereby; and, notwithstanding the foregoing, all provisions hereof shall be enforced to the extent that is reasonable.

  

	6.	 Ceridian’s decision to refrain from enforcing a breach of any term of this document will not prevent
Ceridian from enforcing the terms hereof as to any other breach that Ceridian discovers and shall not operate as a waiver against any future enforcement of any part of this document, any other agreement with you or any other agreement with any other
employee of Ceridian. 

  

	7.	 You hereby represent and agree with Ceridian that: (a) you are not bound or restricted by a non-competition agreement, a confidentiality or non-disclosure agreement, or any other agreement with a former employer or other third party, which would conflict with the
terms of this offer; and (b) you will not use any trade secrets or other intellectual property belonging to any third party while performing services for Ceridian; and (c) you are of legal age, under no legal disability, have full legal
authority to enter into this agreement and have had a reasonable and adequate opportunity to consult with independent counsel regarding the effect of this document, the sufficiency of the independent consideration provided to you, and the
reasonableness of the restrictions set forth herein. 

 Ceridian employs a Privacy Officer who is charged with ensuring that Ceridian
complies with all privacy-related obligations imposed by statute or contract. Any questions regarding the collection, use, access, disclosure, retention or destruction of Confidential Information should be directed to the Privacy Officer. 

Adherence to the guidelines set out above is a requirement for continued employment with Ceridian. Material breaches of these guidelines may result in
discipline up to and including dismissal, or in the case of contractors, cancellation of your contract with Ceridian. 

 APPENDIX B 

Intellectual Property Agreement 
 In
consideration of Ceridian HCM, Inc. or one of its affiliates (collectively “Ceridian”) offering me employment, I hereby expressly acknowledge and agree as follows: 

1.0    All Ceridian developments which I may solely or jointly author, conceive, or develop, or reduce to practice, or cause to be
authored, conceived, or developed, or reduced to practice, during the term of my employment with Ceridian (collectively “Developments”) are the property of Ceridian. I will promptly make fullest disclosure to Ceridian of all
Ceridian Developments. I further agree to execute such documents and do such things as Ceridian may reasonably require from time to time to assign to Ceridian all right, title, and interest in and to all Ceridian Developments, and agree, at
Ceridian’s expense, during the term of my employment and thereafter, to execute any and all applications or assignments relating to intellectual property including patents, copyrights, industrial designs and trademarks, and to execute any
proper oath or verify any proper document in connection with carrying out the terms of this agreement. 
 2.0    In the event Ceridian
is unable for any reason whatsoever to secure my signature to any lawful and necessary documents relating to paragraph 1 hereof and to apply for, or to prosecute, any applications for letters patent, copyright, designs or trademarks (foreign or
domestic) in respect to the Ceridian Developments, I hereby irrevocably designate and appoint Ceridian and its duly authorized officers and agents as my agent and attorney in fact, to act for and in my behalf and stead to execute and file any such
applications and to do all other lawfully permitted acts to further the prosecution and issuance of letters patent, copyright, designs or trademarks thereon with the same legal force and effect as if executed by me. 

3.0    At the time of leaving the employ of Ceridian I will deliver to Ceridian, and will not keep in my possession, nor deliver to anyone
else, any and all information in any tangible form and all copies, partial copies, notes, summaries, records, descriptions, drawings, reports and other documents, data or materials of or relating to the Ceridian Developments or which contain or make
reference to the Ceridian Developments, in my possession or control. 
 4.0    I hereby waive for the benefit of Ceridian and, where
legally possible, assign to Ceridian any moral rights I have, or may in the future have, in any Ceridian Developments. 
 5.0    This
agreement shall extend to and endure to the benefit of the successors and assigns of Ceridian and shall be binding upon me and my heirs, executors, administrators, successors and assigns.EX-10.12

 Exhibit 10.12 

SEPARATION and CONSULTING AGREEMENT 

THIS AGREEMENT made as of the 7th day of August, 2018 (the “Effective Date”).

 AMONG: 
 CERIDIAN CANADA LTD.
(“Ceridian Canada”) 
 and CERIDIAN HCM HOLDING INC. (“Ceridian
Holding”) 
 - and - 

PAUL ELLIOTT 
 (hereinafter
“Elliott”) 
 WHEREAS: 

A.    Ceridian Canada is a corporation incorporated pursuant to the federal laws of Canada, carrying on business in Canada of providing
human capital management software and services; 
 B.    Ceridian Holding is a Delaware corporation and the indirect parent company of
Ceridian Canada; 
 C.    Elliott is currently President and Chief Operating Officer (“COO”) of Ceridian Canada,
Ceridian Holding and certain other affiliates of Ceridian Holding (Ceridian Canada, Ceridian Holding and their respective affiliates are collectively referred to as “Ceridian”); 

D.    Ceridian and Elliott have mutually agreed that Elliott’s employment with Ceridian will change as follows: 

 

	 	1.	 effective as of the Effective Date, Elliott will no longer be the President, but will remain as Ceridian’s
COO until the Employment Separation Date (as defined below); and 

  

	 	2.	 from and after the Employment Separation Date, Elliott will cease to be an employee of Ceridian, but will
continue providing Consulting Services (as defined below) during the Consulting Term (as defined below); 

 THEREFORE, in
consideration of the mutual covenants and agreements hereinafter contained to be performed, the parties agree as follows: 

Section 1.    Definitions 

1.01    As used in this Agreement: 
  

	 	(a)	 “Agreement” means this Agreement and any schedules hereto, as may be amended in writing by
both parties; 

  

	 	(b)	 “Confidential Information” means any information identified by Ceridian or a Customer as
“Confidential” and/or “Proprietary”, or which, under the circumstances, ought to be treated as confidential or proprietary including, without limitation, non-public information related to
Ceridian or the Customer’s business (as the case may be), employees, service methods, software, documentation, financial information, prices and product plans, whether in written, verbal, or electronic form, but does not include information
which Elliott can establish: (i) has become generally available to the public other than as a result of a breach of the Agreement by Elliott or any third party to whom Elliott has disclosed same; (ii) was disclosed to Elliott on a non-confidential basis by a third party who did not owe an obligation of confidence to Ceridian or a Customer (as the case may be) with respect to the disclosed information; or (iii) was known by Elliott prior
to its receipt from Ceridian or a Customer (as the case may be), as evidenced by written document; 

	 	(c)	 “Consulting Services” means general business consultation services to be provided by Elliott
hereunder as may be requested from time to time by Ceridian during the Consulting Term, and in particular (but without limitation) with respect to the operations and customer support areas of the business; 

 

	 	(d)	 “Consulting Term” means period of time from the Employment Separation Date to and including
June 30, 2020; 

  

	 	(e)	 “Customer(s)” means any party who has entered into an agreement with Ceridian for the supply
by Ceridian of products or services, or any party with whom Ceridian is actively engaged in an effort to enter into such agreement; 

  

	 	(f)	 “Employment Agreement” means the written employment agreement entered into between Elliott and
Ceridian Canada dated April 20, 2016; 

  

	 	(a)	 “Employment Laws” means the Income Tax Act (Canada), the Canada Pension Plan
Act, the Employment Insurance Act (Canada) and any other federal, provincial or municipal legislation now or hereafter in existence applicable to the relationship between employees and employers; 

 

	 	(b)	 “Employment Separation Date” means the day on which Elliott’s employment with Ceridian
ceases, as contemplated in Section 2.01 below; 

  

	 	(c)	 “Personal Information” means information about an identifiable individual or allowing an
individual to be identified, including any information relating to the employees of Ceridian or a Customer; 

  

	 	(d)	 “Restrictive Covenants” means collectively the following: 

 

	 	(i)	 the Non-Competition,
Non-Recruitment, and Non-Disparagement provisions stated at Sections 7.02, 7.03, and 7.04 of the Employment Agreement; and 

 

	 	(ii)	 the Non-Competition, No-Hire
and Non- Solicitation Restrictions as stated in the Plans (as defined below) and / or the corresponding written Notice(s) of Option Grant under which any Stock Options were granted to Elliott;

  

	 	(e)	 “Stock Options” means those outstanding stock option awards granted to Elliott as identified
in written option grant notice(s), issued under the 2013 Ceridian HCM Holding Inc. Stock Incentive Plan, as may have been amended from time to time (the “2013 Plan”), and the Ceridian HCM Holding Inc. 2018 Equity Incentive Plan, as
may be amended (the “2018 Plan”, the 2013 Plan and 2018 Plan are collectively referred to herein as the “Plans”); and 

  

	 	(f)	 “Work Product” means models, devices, reports, computer programs, tooling, schematics and
other diagrams, instructional materials, and anything else Elliott produces in the course of providing the Consulting Services. 

Section 2.    Change in Roles and Responsibilities; Separation from Ceridian 

2.01    The parties agree that: 
  

	 	(a)	 as of the Effective Date, Elliott shall no longer be the President of Ceridian, and shall thereafter only have
responsibility for performing his roles and responsibilities as COO of Ceridian; and 

  

	 	(b)	 as of May 1, 2019 (“Employment Separation Date”), Elliott’s employment with Ceridian
will cease, and thereafter Elliott shall continue performing services for Ceridian solely as consultant and independent contractor, on and subject to the terms set forth in Section 5 below. 

Elliott hereby confirms that he has had adequate opportunity to ask Ceridian any questions regarding this Agreement and to discuss this
Agreement with his financial and legal advisors, and any other persons he wished to consult (subject to the confidentiality obligations contained herein). Elliott further agrees that he has voluntarily decided to become a party to this Agreement,
and understands it will be effective when 

 
it is executed by him. In order to receive all of the benefits of this Agreement, Elliott must execute the Release of Claims attached hereto as Schedule A on or after the Employment
Separation Date, which covers the period from the date of his execution of this Agreement until the Employment Separation Date (“Additional Release”). Regardless of whether or not this Agreement is executed, Elliott will be paid all
salary or wages, vested and unused paid days off, and all other amounts to which he is entitled to by law accrued and owing as at the Employment Separation Date, less all legally required or authorized withholding. 

2.02    Provided Elliott executes and delivers to Ceridian the Additional Release as contemplated in Section 2.01 above,
Ceridian will pay Elliott an aggregate sum in the amount of Nine Hundred and Fifty Thousand Canadian Dollars ($950,000.00 CAD), less applicable income tax and any and all wage-related withholdings and deductions required by law. Such amount will be
paid in one lump sum payment within Ten (10) Business Days of receipt of the Additional Release signed by Elliott as contemplated in Section 2.01 above. 

2.03    If and to the extent the Ceridian Board of Directors approves a bonus payout to employees under Ceridian’s Management
Incentive Plan in respect of the calendar year 2019, Elliott will be entitled to receive a prorated portion of such bonus compensation to which he would have otherwise become entitled for the 2019 fiscal year, calculated by multiplying such bonus
compensation by a fraction, the numerator of which is the number of days from January 1, 2019 through to and including the Employment Separation Date, and the denominator of which is 365. Any such bonus amount will be paid to Elliott at the
same rate as the bonus achievement and payout percentage, and will be paid at the same time as, payments under the plan are made to other Ceridian employees. For the avoidance of doubt, Elliott will be entitled to receive the full amount of
Ceridian’s Management Incentive Plan in respect of the calendar year 2018 (if and to the extent approved of by the Ceridian Board of Directors) in accordance with the terms of such plans and his Employment Agreement. 

2.04    Ceridian will reimburse Elliott for reasonable executive-level outplacement and transition services (not to exceed $12,000
CAD. This benefit cease on the earlier of: (a) when Elliott accepts an offer of employment from a third party; or (b) the first anniversary of the Employment Separation Date. Elliott may receive career transition services through his
preferred provider of such service. 
 2.05    All issued and outstanding Stock Options granted to Elliott will be handled in
accordance with the terms of the Plans, as applicable, and the option agreements governing such Stock Options and underlying shares. 

2.06    All health, dental and other benefit plans in which Elliott and any of his dependents are currently enrolled will terminate
at midnight on the anniversary of his Employment Separation Date. 
 2.07    All business travel accident, accidental death and
dismemberment insurance, short-term and long-term disability, and other insurance coverage to which Elliott has been entitled as a Ceridian employee, will terminate at midnight on the Employment Separation Date. 

2.08    Other than as explicitly set forth in this Agreement, the consideration and other benefits as set forth in this
Section 2 will constitute the full amount of monies and other consideration to be paid to Elliott by Ceridian with respect to and in connection with the termination of his employment, including but not limited to (i) any amounts under
Ceridian’s incentive or bonus programs for periods completed prior to or following the Separation Date, (ii) any amounts under the Employment Agreement, and (iii) any amounts owing or claimed to be owing to Elliott pursuant to the
terms of any other compensation arrangement to which he was subject during the term of his employment with Ceridian. 

 Section 3.    Engagement of Elliott as a Consultant 

3.01    Provided Elliott signs Attachment A following his Employment Separation Date, then Ceridian agrees to engage Elliott as an
independent contractor to perform the Consulting Services, and Elliott agrees to make himself reasonably accessible and available to Ceridian throughout the Consulting Term, on an independent contractor/consulting basis to provide the Consulting
Services as may be requested from time to time by Ceridian. 
 3.02    As consideration for the Consulting Services to be
provided and as Elliot will continue to be providing services to Ceridian without interruption following the Employment Separation Date, Elliott will be permitted to keep his existing Stock Options, which Options shall continue under the same terms
and conditions as provided under the Plans, as applicable, and the option agreements governing such Stock Options and underlying shares. Elliott’s Stock Options shall continue to vest until the earlier of: 

 

	 	(a)	 the expiration of the Consulting Term; or 

 

	 	(b)	 the earlier termination of this Agreement in accordance with the written terms hereof. 

However, and for the avoidance of doubt, in the event Elliott breaches any term of this Agreement (including without limitation, his obligations as set forth
in Section 3.06 or Section 6, then in addition to any other rights or remedies Ceridian may have at law or in equity, the Consulting Services shall automatically terminate, this Section 3 shall become null and void, all Stock Options
will be handled solely in accordance with the original terms of the Plans, as applicable, and the option agreements governing such Stock Options and underlying shares, and any Stock Options which may have vested during the Consulting Term shall
immediately be forfeited. 
 3.03    The only consideration to which Elliott will be entitled for providing the Consulting
Services is his ongoing rights to the Stock Options as set forth in Section 3.02 above. However, and for the avoidance of doubt, Ceridian shall reimburse Elliott for responsible and demonstrable expenses directly incurred in carrying out his
responsibilities under this Agreement, which may include, by way of example only, reasonable travel expenses. Elliott shall not have the authority to charge any expenses to Ceridian without its prior approval, nor to execute any contracts or other
documents on Ceridian’s behalf. 
 3.04    During the Consulting Term, Elliott will be subject to the Restrictive Covenants.

 3.05    In addition to the obligations set forth herein, Elliott shall comply at all times with Ceridian’s security
procedures in effect from time to time, as well as the terms and conditions of all Ceridian written policies, including without limitation, the following if and/or as applicable (copies of which Elliott acknowledges having been provided to him or
made available to him): 
 Ceridian Code of Conduct 

Privacy Policy 
 Security
Standards / Requirements 
 Travel Policy 

3.06    Elliott shall not, either during the course of the Consulting Term or thereafter, for any reason whatsoever, directly or
indirectly: 
  

	 	(a)	 disclose any Confidential Information to any person, firm or corporation other than for the purposes of
providing the Consulting Services, and as authorized by Ceridian or the Customer (as the case may be) in advance; or 

  

	 	(b)	 use for Elliott’s own purpose, or for any purpose other than that of providing the Consulting Services,
any Confidential Information which he acquires through his involvement with Ceridian or a Customer and through his contact which any person, firm or corporation affiliated with Ceridian or a Customer. 

At all times Elliott shall act bona fide and in the best interests of Ceridian and the Customers. 

 3.07    Notwithstanding anything to the contrary, the Consulting Services may be
terminated: 
  

	 	(a)	 by Ceridian Canada for Cause (as that term is defined in the Employment Agreement), at any time during the
Consulting Term without notice or pay in lieu thereof; 

  

	 	(b)	 by Elliott, without Cause, by giving Ceridian Canada thirty (30) days advance written notice.

 For the avoidance of doubt, to the extent Ceridian Canada is able to show Cause, Elliott shall be considered to have breached the
Agreement for the purposes of Section 3.02. The Consulting Services shall also terminate without notice or pay in lieu thereof in case of the death of Elliott, or by reason of illness or accident whereby Elliott is incapable of carrying out the
terms and conditions of this Agreement for one (1) month, or upon the bankruptcy of either party. 
 3.08    On termination
of this Consulting Services, Elliott shall: 
  

	 	(a)	 forthwith deliver up all documents, papers, plans, materials and other property of or relating to the affairs
of Ceridian and any Customers which may then be in his possession or under his control; and 

  

	 	(b)	 immediately cease making any representation that he is associated with Ceridian or any Customers.

 3.09    Elliott represents that he is and will at all times throughout the Consulting Term comply with all
applicable legislation relating to privacy and the collection, use and disclosure of Personal Information. 
 3.10    During the
Consulting Term, Elliott will not be an employee of Ceridian Canada or any other Ceridian entity, and will be considered an independent contractor, and accordingly Employment Laws will not apply to Elliott at any point during the term of the
Consulting Services. Ceridian is interested only in the results obtained by Elliott who retains sole control of the manner and means of performing the Consulting Services, subject to its specific terms and conditions, and provided that he maintains
standards generally accepted in the industry for such services. 
 3.11    All Work Product will belong to Ceridian, and Elliott
will deliver all Work Product to Ceridian upon the earlier of the expiration/termination of the Consulting Services or Ceridian’s request. Elliott will promptly disclose to Ceridian any works of authorship, including drawings, designs, plans,
specifications, notebooks, tape recordings, computer programs, computer output, models, tracings, schematics, photographs, reports, findings, recommendations, educational materials, data and memoranda of every description and anything else Elliott
produces in connection with the Consulting Services, and Elliott hereby assigns to Ceridian all copyrights in such works. To the extent permitted by law, Elliott waives any moral rights, such as the right to be named as author, the right to modify,
the right to prevent mutilation and the right to prevent commercial exploitation, whether arising under the Berne Convention or otherwise. Elliott will sign any necessary documents and will otherwise assist Ceridian, at Ceridian’s expense, in
registering Ceridian’s copyrights and otherwise protecting Ceridian’s rights in such works in any country. Ceridian will own all patents, copyrights or trade secrets covering such materials and will have full rights to use the materials
without claim on the part of Elliott for additional compensation. Elliott will not use any pre-existing intellectual property including any trade secret, invention, work of authorship, mask work or protectable
design that has already been conceived or developed by anyone other than Ceridian in connection with the Consulting Services unless Elliott has the right to use it for Ceridian’s benefit. 

Section 4.    Release of Claims Against Ceridian; Waivers 

4.01    In consideration of the terms and conditions of this Agreement, Elliott hereby fully and completely releases and discharges
Ceridian, and all present and former subsidiaries, parents and affiliated corporations, and all of their respective directors, officers, agents, employees, trustees, insurers, attorneys, employee benefit plans and their fiduciaries, and each of
their successors and assigns (collectively, the “Released Parties”), from any and all claims, complaints, agreements, obligations, demands and causes of action which he has or may have and which are known or unknown, arising out of
any actions, conduct, decisions, behavior or events occurring up to the date of execution of this Agreement or in any way 

 
connected with his employment relationship with Ceridian, his separation from employment from Ceridian, or his entering into this Agreement. Elliott further understands that he must execute the
Additional Release upon or after the Employment Separation Date in order to receive all of the benefits of this Agreement, including without limitation, being engaged as a consultant for the Consulting Term (and accordingly the benefit of further
Stock Options potentially vesting). This Agreement, and the release of claims it contains, specifically covers, but is not limited to, any and all claims, complaints, causes of action or demands that Elliott has or may have against the Released
Parties relating in any way to the terms, conditions and circumstances of his employment up to and including the date of his signature below, whether based on statutory or common law, for employment discrimination or other violations of law, or any
state’s human rights act, including but not limited to claims under the Employment Standards Act or the Human Rights Act. 
 Section 5.    Re-Affirmation and Acknowledgement of Prior Restrictive Covenants 

5.01    As partial consideration for Ceridian entering into the Employment Agreement, and in consideration of Ceridian granting
Elliott the Stock Options, Elliott voluntarily signed and agreed to the Restrictive Covenants. In this regard, Elliott hereby re-affirms the validity and enforceability of the Restrictive Covenants, and agrees
that such terms remain in full force and effect following execution of this Agreement. Elliott further agrees never to seek to argue or assert that the Restrictive Covenants are not enforceable against him. 

5.02    In addition to the Restrictive Covenants, Elliott further agrees as follows: 

 

	 	(a)	 not to intentionally make, cause or attempt to cause any other person to make, any statements, either written
or oral, or convey any information about Ceridian that is disparaging or reflects negatively upon Ceridian; and 

  

	 	(b)	 to provide, at Ceridian’s reasonable request, and for no additional consideration, reasonable assistance
and cooperation with respect to any legal matter involving Ceridian, including without limitation, any litigation and/or any business matter related to his position, function or responsibilities during his employment with Ceridian or while providing
Consulting Services to Ceridian; provided however that in the event the assistance and cooperation requested by Ceridian requires him to incur costs or expend monies, or otherwise results in a material financial cost, Ceridian will reimburse or
otherwise compensate Elliott for the reasonable amount of such costs or expended monies. 

Section 6.    Miscellaneous Provisions 

6.01    Except to the extent the Employment Agreement is amended by this Agreement and continues in force until the Employment
Separation Date: 
  

	 	(a)	 any and all previous agreements, written or oral, between the parties or on their behalf relating to the
employment (or cessation of employment) by Ceridian of Elliott, are hereby terminated and cancelled; and 

  

	 	(b)	 this Agreement will constitute the whole agreement between the parties with respect to Ceridian’s
engagement of Elliott as an independent contractor to provide the Consulting Services from and after the Employment Separation Date, and any and all previous agreements, written or oral, between the parties or on their behalf relating to the
Consulting Services are hereby terminated and cancelled, 

 and each of the parties releases and forever discharges the other of and from
all manner of actions, causes of action, claims and demands whatsoever under or in respect of any such prior agreements. No modifications, amendments or variations of the Agreement shall be effective or binding unless agreed to in writing and
properly executed by the parties. 
 6.02    This Agreement shall not be assignable by Elliott except by the written consent of
Ceridian, and Elliott covenants and agrees that the Consulting Services shall be performed by him personally throughout the term of this Agreement. 

 6.03    It is understood and agreed that either party may waive any provision of
this Agreement intended for such party’s sole benefit, but it is further agreed that any waiver of the performance of any condition by the other party shall not constitute a continuing waiver of any other or subsequent default, but shall
include only the particular breach or default so waived. 
 6.04    If any covenant or agreement herein is determined to be void
or unenforceable in whole or in part, it shall not be deemed to affect or impair the enforceability or validity of any other covenant or agreement of this Agreement or any part thereof, and any such covenant or agreement may be severed from this
Agreement without affecting the remainder of the Agreement. 
 6.05    This Agreement shall be governed by, construed and
enforced in accordance with the laws of the Province of Ontario and all federal laws applicable therein. 
 6.06    This
Agreement was prepared by the solicitors for Ceridian. Elliott represents by signing this Agreement that he has been given the full opportunity to obtain such independent legal and other advice as required to allow him to enter this Agreement, and
accordingly the Agreement shall not be construed in favor of or against either party by reason of or to the extent to which any party or its legal counsel participated in its preparation. 

IN WITNESS WHEREOF this Agreement has been duly executed by the parties as of the date written above. 

 

							
		 		 	CERIDIAN CANADA LTD.
				
		 		 	Per:	 	 /s/ Scott Kitching

		 		 	Name:	 	 Scott Kitching

		 		 	Title:	 	 EVP and General Counsel

		 		 	    I have the authority to bind the company
			
		 		 	CERIDIAN HCM HOLDING INC.
				
		 		 	Per:	 	 /s/ Scott Kitching

		 		 	Name:	 	 Scott Kitching

		 		 	Title:	 	 EVP and General Counsel

		 		 	    I have the authority to bind the company
				
		 	    )	 		 	
		 	    )	 		 	
		 	    )	 	 /s/ Paul Elliott

	  
 Witness Signature
	 	    )	 	PAUL ELLIOTT
	Print Name:
                                         
                                	 		 		 	

 SCHEDULE A 

RELEASE 
 I, Paul Elliott, for the
consideration of the amounts set out in the written agreement titled “Separation Agreement, Release and Consulting Agreement” made amongst the undersigned, Ceridian Canada Ltd. (“Ceridian Canada”) and Ceridian HCM Holding
Inc. (“Ceridian Holding”), with an effective date of August 7, 2018, and other good and valuable consideration, the receipt and sufficiency of which is hereby expressly acknowledged, do hereby remise, release and forever
discharge Ceridian Holding, Ceridian Canada, and all of their respective affiliates, officers, directors, employees and agents (hereinafter collectively referred to as the “Releasees”) of and from all actions, causes of action,
debts, demands, dues, bonds, accounts, covenants, contracts and claims whatsoever which I ever had, now have or which I can, shall or may hereafter have for or by reason of any cause, matter or thing whatsoever existing up to the present time,
including without limiting the generality of the foregoing any actions, causes of action, suits, debts, demands, or claims relating to my employment or the termination of my employment with any of the Releasees. I also agree not to make any claim or
take any proceedings in respect of the claims released against any person, corporation or other entity who or which might claim contribution or indemnity from the Releasees. 

I hereby specifically covenant, represent and warrant to the Releasees that I have no further claim against the Releasees for or arising out of my employment
or cessation of employment which specifically includes any claims for notice of termination, pay instead of notice, severance pay, incentive compensation, interest and/or vacation pay or claims under The Employment Standards Act or The
Human Rights Code, or the equivalent statutes applicable in my province of employment. I also acknowledge that the monies paid to me include any severance pay and notice pay to which I am entitled under The Employment Standards Act
or the equivalent statute in my province of employment. In the event that I should hereafter make any claim or demand or commence or threaten to commence any action, claim or proceeding against the Releasees for or by reason of any cause, matter or
thing, this document may be raised as a complete bar to any such claim, demand or action. 
 I will not disclose the terms of the settlement or its
existence to any person or corporation except for the purposes of dealing with Canada Revenue Agency (CRA), with a professional legal or financial advisor who agrees to be and is, professionally bound by confidentiality, or otherwise as required by
law. 
 I agree to indemnify the Releasees and save them harmless from any and all income tax, employment insurance or Canada Pension Plan charges or
payment that may be claimed by either the Receiver General of Canada or CRA in respect of any failure on your part to withhold such charges or payments after said, and in the event that any proceedings are commenced against the Releasees, I agreed
to indemnify them and save them harmless from any money that might be required to be paid by either CRA or the Receiver General of Canada or by any Court. However, and for the avoidance of doubt, I will not be required to indemnity the Releasees for
any fines or penalties assessed by the Receiver General of Canada or CRA to the extent arising as a result of any negligent error or omission on the part of Ceridian Canada or any Releasee, and in such case shall only be required to indemnify for
the actual principal amount of income tax, employment insurance or Canada Pension payable to such agencies. 
 I have read the above Release and have had
the opportunity to obtain independent legal advice. I understand that it contains a full and final release of all claims that I have or may have against the Releasees and that there is no admission of liability on the part of the Releasees and that
any such liability is denied. 
 All of the foregoing shall ensure to the benefit of the Releasees, their successors and assigns, and be binding upon me and
my respective heirs, executors, administrators, successors and assigns. 
 IN WITNESS WHEREOF I have duly executed this Release this
    7th     day of     August    , 2018. 

 

							
		 	    )	 		 	
		 	    )	 		 	
		 	    )	 		 	/s/ Paul Elliott
	  
 Witness Signature
	 	    )	 		 	  
 PAUL ELLIOTT

	Print Name:

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