Document:

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                                      FORM OF

                               DISTRIBUTION AGREEMENT

                                      BETWEEN

                                CERIDIAN CORPORATION

                           (TO BE RENAMED ARBITRON INC.)

                                        AND

                              NEW CERIDIAN CORPORATION

                        (TO BE RENAMED CERIDIAN CORPORATION)

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                                 TABLE OF CONTENTS

<TABLE>
<S>                                                                          <C>
ARTICLE I DEFINITIONS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
     1.1 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
     1.2 References; Interpretation. . . . . . . . . . . . . . . . . . . . . .12

ARTICLE II DISTRIBUTION AND OTHER TRANSACTIONS; CERTAIN COVENANTS. . . . . . .12
     2.1 The Transfer, the Distribution and Other Transactions.. . . . . . . .12
     2.2 Ceridian Board Action; Conditions Precedent to the Distribution . . .15
     2.3 [INTENTIONALLY OMITTED] . . . . . . . . . . . . . . . . . . . . . . .16
     2.4 [INTENTIONALLY OMITTED] . . . . . . . . . . . . . . . . . . . . . . .16
     2.5 Resignations. . . . . . . . . . . . . . . . . . . . . . . . . . . . .16
     2.6 Further Assurances. . . . . . . . . . . . . . . . . . . . . . . . . .17
     2.7 Limited Representations or Warranties . . . . . . . . . . . . . . . .17
     2.8 Guarantees. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17
     2.9 Litigation Services . . . . . . . . . . . . . . . . . . . . . . . . .18
     2.10 [INTENTIONALLY OMITTED]. . . . . . . . . . . . . . . . . . . . . . .18
     2.11 Transfers Not Effected Prior to the Distribution; Transfers
      Deemed Effective as of the Distribution Date . . . . . . . . . . . . . .18
     2.12 Conveyancing and Assumption Instruments. . . . . . . . . . . . . . .19
     2.13 Ancillary Agreements . . . . . . . . . . . . . . . . . . . . . . . .19
     2.14 Corporate Names. . . . . . . . . . . . . . . . . . . . . . . . . . .19
     2.15 Ordinary Course of Business. . . . . . . . . . . . . . . . . . . . .21

ARTICLE III INDEMNIFICATION. . . . . . . . . . . . . . . . . . . . . . . . . .21
     3.1 Indemnification by the Corporation. . . . . . . . . . . . . . . . . .21
     3.2 Indemnification by New Ceridian . . . . . . . . . . . . . . . . . . .21
     3.3 Procedures for Indemnification. . . . . . . . . . . . . . . . . . . .22
     3.4 Indemnification Payments. . . . . . . . . . . . . . . . . . . . . . .24
     3.5 Limitation on Indemnification Obligations.. . . . . . . . . . . . . .24
     3.6 Indemnification of Directors and Officers . . . . . . . . . . . . . .25

ARTICLE IV ACCESS TO INFORMATION . . . . . . . . . . . . . . . . . . . . . . .26
     4.1 Provision of Corporate Records. . . . . . . . . . . . . . . . . . . .26
     4.2 Access to Information . . . . . . . . . . . . . . . . . . . . . . . .27
     4.3 Reimbursement; Other Matters. . . . . . . . . . . . . . . . . . . . .27
     4.4 Confidentiality . . . . . . . . . . . . . . . . . . . . . . . . . . .27
     4.5 Privileged Matters. . . . . . . . . . . . . . . . . . . . . . . . . .28
     4.6 Ownership of Information. . . . . . . . . . . . . . . . . . . . . . .30
     4.7 Limitation of Liability.. . . . . . . . . . . . . . . . . . . . . . .30
     4.8 Other Agreements Providing for Exchange of Information. . . . . . . .30

ARTICLE V ADMINISTRATIVE SERVICES. . . . . . . . . . . . . . . . . . . . . . .30
     5.1 Performance of Services . . . . . . . . . . . . . . . . . . . . . . .30
     5.2 Independence. . . . . . . . . . . . . . . . . . . . . . . . . . . . .30
     5.3 Non-exclusivity . . . . . . . . . . . . . . . . . . . . . . . . . . .31

ARTICLE VI DISPUTE RESOLUTION. . . . . . . . . . . . . . . . . . . . . . . . .31
     6.1 Negotiation . . . . . . . . . . . . . . . . . . . . . . . . . . . . .31

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     6.2 Arbitration . . . . . . . . . . . . . . . . . . . . . . . . . . . . .31
     6.3 Continuity of Service and Performance . . . . . . . . . . . . . . . .32
     6.4 Tax Matters Agreement Consents. . . . . . . . . . . . . . . . . . . .32

ARTICLE VII INSURANCE. . . . . . . . . . . . . . . . . . . . . . . . . . . . .32
     7.1 Policies and Rights Included Within Assets; Assignment of Policies. .32
     7.2 Post-Distribution Date Claims . . . . . . . . . . . . . . . . . . . .33
     7.3 Administration; Other Matters.. . . . . . . . . . . . . . . . . . . .33
     7.4 Agreement for Waiver of Conflict and Shared Defense . . . . . . . . .35
     7.5 Cooperation . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35

ARTICLE VIII MISCELLANEOUS . . . . . . . . . . . . . . . . . . . . . . . . . .35
     8.1 Complete Agreement; Construction. . . . . . . . . . . . . . . . . . .35
     8.2 Ancillary Agreements. . . . . . . . . . . . . . . . . . . . . . . . .35
     8.3 Counterparts. . . . . . . . . . . . . . . . . . . . . . . . . . . . .35
     8.4 Survival of Agreements. . . . . . . . . . . . . . . . . . . . . . . .36
     8.5 Expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .36
     8.6 Notices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .36
     8.7 Waivers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .36
     8.8 Amendments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .37
     8.9 Assignment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .37
     8.10 Successors and Assigns . . . . . . . . . . . . . . . . . . . . . . .37
     8.11 Termination. . . . . . . . . . . . . . . . . . . . . . . . . . . . .37
     8.12 Subsidiaries . . . . . . . . . . . . . . . . . . . . . . . . . . . .37
     8.13 No Third Party Beneficiaries . . . . . . . . . . . . . . . . . . . .37
     8.14 Title and Headings . . . . . . . . . . . . . . . . . . . . . . . . .38
     8.15 Exhibits and Schedules . . . . . . . . . . . . . . . . . . . . . . .38
     8.16 Governing Law. . . . . . . . . . . . . . . . . . . . . . . . . . . .38
     8.17 Consent to Jurisdiction. . . . . . . . . . . . . . . . . . . . . . .38
     8.18 Severability . . . . . . . . . . . . . . . . . . . . . . . . . . . .38

</TABLE>

[EXHIBITS/SCHEDULES]

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                               DISTRIBUTION AGREEMENT

DISTRIBUTION AGREEMENT, dated as of November ___, 2000, between CERIDIAN
CORPORATION, a Delaware corporation to be renamed Arbitron Inc. (the
"Corporation" or "Ceridian") and New Ceridian Corporation, a Delaware
corporation to be renamed Ceridian Corporation ("New Ceridian").

WHEREAS, Ceridian, acting through its direct and indirect subsidiaries and
divisions, currently conducts the Human Resources Business (as hereinafter
defined), the Comdata Business (as hereinafter defined) and the Media
Information Business (as hereinafter defined);

WHEREAS, the Board of Directors of Ceridian has determined that it is
appropriate, desirable and in the best interests of the holders of shares of
common stock, par value $.50 per share, of Ceridian (the "Ceridian Common
Stock"), as well as of Ceridian and its businesses, to reorganize Ceridian by:
(i) separating from Ceridian the Human Resources Business and the Comdata
Business by (a) causing the Human Resources Business and the Comdata Business to
be owned and conducted, directly or indirectly, by New Ceridian and its
subsidiaries and (b) causing the Media Information Business to continue to be
owned and conducted, directly or indirectly by, Ceridian and its remaining
subsidiaries; and (ii) distributing, following consummation of such separation
and division, as a dividend to the holders of Ceridian Common Stock all of the
outstanding shares of common stock, $.01 par value, of New Ceridian (the "New
Ceridian Common Shares"); and

WHEREAS, the Board of Directors of Ceridian has determined it appropriate and
desirable to change the name of Ceridian to Arbitron Inc. and to cause the name
of New Ceridian to be changed to Ceridian Corporation; and

WHEREAS, each of Ceridian and New Ceridian has determined that it is necessary
and desirable to set forth the principal corporate transactions required to
effect such separation, division and distribution and to set forth other
agreements that will govern certain other matters prior to and following such
separation, division and distribution.

NOW, THEREFORE, in consideration of the mutual agreements, provisions and
covenants contained in this Agreement, the parties hereby agree as follows:

                                     ARTICLE I
                                    DEFINITIONS

1.1    GENERAL.  As used in this Agreement, the following terms shall have
pursuant to the Corporation's internal grievance procedures the following
meanings:

       (a)    "Action" shall mean any action, suit, arbitration, inquiry,
       proceeding or investigation by or before any court, any governmental or
       other regulatory or administrative agency, body or commission or any
       arbitration tribunal or any claim brought pursuant to the Corporation's
       internal grievance procedures.

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       (b)    "Affiliate" shall mean, when used with respect to a specified
       person, another person that controls, is controlled by, or is under
       common control with the person specified. As used herein, "control" means
       the possession, directly or indirectly, of the power to direct or cause
       the direction of the management and policies of such person, whether
       through the ownership of voting securities or other interests, by
       contract or otherwise.

       (c)    "Agent" shall mean The Bank of New York.

       (d)    "Agreement Disputes" shall have the meaning set forth in Section
       6.1.

       (e)    "Ancillary Agreements" shall mean all of the written agreements,
       instruments, assignments or other arrangements (other than this
       Agreement) entered into in connection with the transactions contemplated
       hereby, including, without limitation, the Conveyancing and Assumption
       Instruments, the Personnel Agreement, the Tax Matters Agreement and the
       Transition Services Agreement.

       (f)    "Arbitron Business" means (a) the provision of media and marketing
       research services to broadcasters, advertising agencies, advertisers,
       on-line webcasters and cable television in the United States, the United
       Kingdom, Japan and Mexico; (b) through a joint venture the provision of
       media audience and consumer retail behavior research services to cable
       systems, television broadcasters, magazines, and newspapers; and (c) the
       provision of application software used to access and analyze media
       audience information and through a joint venture software applications to
       access and analyze consumer retail behavior and media usage.

       (g)    "Assets" shall mean assets, properties and rights (including
       goodwill), wherever located (including in the possession of vendors or
       other third parties or elsewhere), whether real, personal or mixed,
       tangible, intangible, choate or inchoate or contingent, in each case
       whether or not recorded or reflected or required to be recorded or
       reflected on the books and records or financial statements of any person,
       including, without limitation, the following:

              (i)    all accounting and other books, records and files whether
              in paper, microfilm, microfiche, computer tape or disc, magnetic
              tape or any other form;

              (ii)   all apparatus, computers and other electronic data
              processing equipment, fixtures, machinery, equipment, furniture,
              office equipment, automobiles, trucks, aircraft and other
              transportation equipment, special and general tools, test devices,
              prototypes and models and other tangible personal property;

              (iii)  all inventories of materials, parts, raw materials,
              supplies, work-in-process and finished goods and products;

              (iv)   all interests in real property of whatever nature,
              including easements, whether as owner, mortgagee or holder of a
              Security Interest in real property, lessor, sublessor, lessee,
              sublessee or otherwise;

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              (v)    all interests in any capital stock or other equity
              interests of any Subsidiary or any other person, all bonds, notes,
              debentures or other securities issued by any Subsidiary or any
              other person, all loans, advances or other extensions of credit or
              capital contributions to any Subsidiary or any other person and
              all other investments in securities of any person;

              (vi)   all license agreements, leases of personal property, open
              purchase orders for raw materials, supplies, parts or services,
              unfilled orders for the manufacture and sale of products and other
              contracts, agreements or commitments;

              (vii)  all deposits, letters of credit and performance and surety
              bonds;

              (viii) all written technical information, data, specifications,
              research and development information, engineering drawings,
              operating and maintenance manuals, and materials and analyses
              prepared by consultants and other third parties;

              (ix)   all domestic and foreign patents, copyrights, trade names,
              trademarks, service marks and registrations and applications for
              any of the foregoing, mask works, trade secrets, inventions, data
              bases, other proprietary information and licenses from third
              persons granting the right to use any of the foregoing;

              (x)    all computer applications, programs and other software,
              including operating software, network software, firmware,
              middleware, design software, design tools, systems documentation
              and instructions;

              (xi)   all cost information, sales and pricing data, customer
              prospect lists, supplier records, customer and supplier lists,
              customer and vendor data, correspondence and lists, product
              literature, artwork, design, development and manufacturing files,
              vendor and customer drawings, formulations and specifications,
              quality records and reports and other books, records, studies,
              surveys, reports, plans and documents;

              (xii)  all prepaid expenses, trade accounts and other accounts and
              notes receivable;

              (xiii) all rights under contracts or agreements, all claims or
              rights against any person arising from the ownership of any asset,
              all rights in connection with any bids or offers and all claims,
              choices in action or similar rights, whether accrued or
              contingent;

              (xiv)  all rights under insurance policies and all rights in the
              nature of insurance, indemnification or contribution;

              (xv)   all licenses, permits, approvals and authorizations which
              have been issued by any Governmental Authority;

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              (xvi)  cash or cash equivalents, bank accounts, lock boxes and
              other deposit arrangements; and

              (xvii) interest rate, currency, commodity or other swap, collar,
              cap or other hedging or similar agreements or arrangements.

       (h)    "Assignee" shall have the meaning set forth in Section 2.1(f).

       (i)    "Business Entity" shall mean any corporation, partnership, limited
       liability company or other entity which may legally hold title to Assets.

       (j)    "Claims Administration" shall mean the processing of claims made
       under the Shared Policies, including, without limitation, the reporting
       of claims to the insurance carriers and the management of the defense of
       claims.

       (k)    "Code" shall mean the Internal Revenue Code of 1986, as amended,
       and the Treasury regulations promulgated thereunder, including any
       successor legislation.

       (l)    "Ceridian Common Stock" shall have the meaning set forth in the
       recitals hereto.

       (m)    "Comdata Business" means (a) the provision of transaction
       processing and decision support services to the transportation industry
       (primarily trucking companies, truck stops and truck drivers, including
       both the long haul and local fleets in the United States) involving the
       use of a proprietary funds transfer card which facilitates truck driver
       transactions and provides transaction control and trip information for
       trucking companies and (b) the provision of transaction processing and
       decision support services to other industries, including retail,
       temporary staffing, and university sectors, primarily involving the use
       of electronic cash cards for employee payroll and expense disbursements
       and debit cards used as gift cards and retail promotions.

       (n)    "Commission" shall mean the U.S. Securities and Exchange
       Commission.

       (o)    "Conveyancing and Assumption Instruments" shall mean,
       collectively, the various agreements, instruments and other documents
       heretofore entered into and to be entered into to effect the transfer of
       Assets and the assumption of Liabilities in the manner contemplated by
       this Agreement, or otherwise arising out of or relating to the
       transactions contemplated by this Agreement, which shall be in
       substantially the forms attached hereto as Schedule 1.1(m) for transfers
       to be effected pursuant to Minnesota law or the laws of one of the other
       states of the United States, or, if not appropriate for a given transfer,
       and for transfers to be effected pursuant to non-U.S. laws, shall be in
       such other form or forms as the parties agree and as may be required by
       the laws of such non-U.S. jurisdictions.

       (p)    "Corporation" or "Ceridian" shall mean Ceridian Corporation, a
       Delaware corporation, which will change its name in connection with the
       Distribution to "Arbitron Inc."

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       (q)    "Debt Realignment Plan" means the repayment, realignment,
       refinancing, exchange and/or modification of certain debt of the
       Corporation as described in Schedule ___ hereto.

       (r)    "Distribution" shall mean the distribution on the Distribution
       Date to holders of record of shares of Ceridian Common Stock as of the
       Distribution Record Date of the New Ceridian Common Shares owned by the
       Corporation on the basis of one New Ceridian Common Share for each
       outstanding share of Ceridian Common Stock.

       (s)    "Distribution Date" shall mean ___________, 2000.

       (t)    "Distribution Record Date" shall mean as of the close of business
       of such date as may be determined by the Corporation's Board of Directors
       as the record date for the Distribution.

       (u)    "Effective Time" shall mean immediately prior to the midnight, New
       York time, ending the 24-hour period comprising the Distribution Date.

       (v)    "Governmental Authority" shall mean any federal, state, local,
       foreign or international court, government, department, commission,
       board, bureau, agency, official or other regulatory, administrative or
       governmental authority.

       (w)    "Human Resources Business" means the provision of products,
       software and services (including, without limitation,
       transaction-oriented administrative services and software products,
       primarily in areas such as payroll processing and tax filing, as well as
       management support software and services such as benefits administration,
       qualified plan administration, skills management, regulatory compliances,
       employee training, work-life effectiveness and employee assistance
       programs) to employers located in the United States, Canada and the
       United Kingdom.

       (x)    "Indemnifiable Losses" shall mean any and all losses, liabilities,
       claims, damages, demands, costs or expenses (including, without
       limitation, reasonable and documented attorneys' fees and any and all
       out-of-pocket expenses) reasonably incurred in investigating, preparing
       for or defending against any Actions or potential Actions or in settling
       any Action or potential Action or in satisfying any judgment, fine or
       penalty rendered in or resulting from any Action.

       (y)    "Indemnifying Party" shall have the meaning set forth in Section
       3.3.

       (z)    "Indemnitee" shall have the meaning set forth in Section 3.3.

       (aa)   "Information Statement" shall mean the Information Statement sent
       to the holders of shares of Ceridian Common Stock in connection with the
       Distribution, including any amendment or supplement thereto.

       (bb)   "Insurance Administration" shall mean, with respect to each Shared
       Policy, the accounting for premiums, retrospectively-rated premiums,
       defense costs, indemnity

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       payments, deductibles and retentions, as appropriate, under the terms and
       conditions of each of the Shared Policies; and the reporting to excess
       insurance carriers of any losses or claims which may cause the per
       occurrence, per claim or aggregate limits of any Shared Policy to be
       exceeded, and the distribution of Insurance Proceeds as contemplated by
       this Agreement.

       (cc)   "Insurance Proceeds" shall mean those monies (i) received by an
       insured from an insurance carrier or (ii) paid by an insurance carrier on
       behalf of an insured, in either case net of any applicable premium
       adjustment, retrospectively-rated premium, deductible, retention, or cost
       of reserve paid or held by or for the benefit of such insured.

       (dd)   "Insured Claims" shall mean those Liabilities that, individually
       or in the aggregate, are covered within the terms and conditions of any
       of the Shared Policies, whether or not subject to deductibles,
       co-insurance, uncollectibility or retrospectively-rated premium
       adjustments.

       (ee)   "Liabilities" shall mean any and all losses, claims, charges,
       debts, demands, actions, causes of action, suits, damages, obligations,
       payments, costs and expenses, sums of money, accounts, reckonings, bonds,
       specialties, indemnities and similar obligations, exonerations,
       covenants, contracts, controversies, agreements, promises, doings,
       omissions, variances, guarantees, make whole agreements and similar
       obligations, and other liabilities, including all contractual
       obligations, whether absolute or contingent, matured or unmatured,
       liquidated or unliquidated, accrued or unaccrued, known or unknown,
       whenever arising, and including those arising under any law, rule,
       regulation, Action, threatened or contemplated Action (including the
       costs and expenses of demands, assessments, judgments, settlements and
       compromises relating thereto and attorneys' fees and any and all costs
       and expenses, whatsoever reasonably incurred in investigating, preparing
       or defending against any such Actions or threatened or contemplated
       Actions), order or consent decree of any governmental or other regulatory
       or administrative agency, body or commission or any award of any
       arbitrator or mediator of any kind, and those arising under any contract,
       commitment or undertaking, including those arising under this Agreement
       or any Ancillary Agreement, in each case, whether or not recorded or
       reflected or required to be recorded or reflected on the books and
       records or financial statements of any person.

       (ff)   "Media Information Assets" shall mean:

              (i)    the ownership interests in CSW Research Limited, Ceridian
              Infotech (India) Private Limited, and Euro Fieldwork Limited;

              (ii)   any Assets reflected on the Media Information Balance Sheet
              or the accounting records supporting such balance sheet and any
              Assets acquired by or for any member of the Media Information
              Group subsequent to the date of such balance sheet which, had they
              been so acquired on or before such date and owned as of such date,
              would have been reflected on such balance sheet if prepared on a

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              consistent basis, subject to any dispositions of any of such
              Assets subsequent to the date of such balance sheet;

              (iii)  subject to Article VII, any rights of any member of the
              Media Information Group under any of the Policies, including any
              rights thereunder arising from and after the Effective Time in
              respect of any Policies that are occurrence policies;

              (iv)   any Media Information Contracts, any rights or claims
              arising thereunder, and any other rights or claims or contingent
              rights or claims primarily relating to or arising from any Media
              Information Asset or the Media Information Business;

              (v)    the Corporation's ownership interest in the Scarborough
              Research Partnership; and

              (vi)   all Assets of the Corporation used exclusively in the
              Arbitron Business.

              Notwithstanding the foregoing, the Media Information Assets shall
              not in any event include:

                     (A)    any Assets primarily relating to or used in any
                     terminated or divested Business Entity, business or
                     operation formerly owned or managed by or associated with
                     the Corporation or any Media Information Business, except
                     for those Assets primarily relating to or used in those
                     Business Entities, businesses or operations listed on
                     Schedule [____]; or

                     (B)    any and all Assets that are contemplated by this
                     Agreement or any Ancillary Agreement (or the Schedules
                     hereto or thereto) as Assets to be transferred or conveyed
                     to any member of the New Ceridian Group.

              In the event of any inconsistency or conflict which may arise in
              the application or interpretation of any of the foregoing
              provisions, for the purpose of determining what is and is not a
              Media Information Asset, any item explicitly included on a
              Schedule referred to in this Section 1.l(ff) shall take priority
              over any provision of the text hereof.

       (gg)   "Media Information Balance Sheet" shall mean the audited balance
       sheet of the Media Information Business, including the notes thereto, as
       of December 31, 1999, set forth as Schedule 1.1 (gg) hereto.

       (hh)   "Media Information Business" shall mean (i) the Arbitron Business,
       (ii) the businesses of the members of the Media Information Group, (iii)
       any other business conducted by the Corporation or any Subsidiary of the
       Corporation primarily through the use of the Media Information Assets,
       (iv) the businesses of Business Entities acquired or established by or
       for the Media Information Group after the date of this Agreement and (v)
       the business of the Corporation from and after the Effective Time.

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       (ii)   "Media Information Contracts" shall mean the following contracts
       and agreements to which the Corporation or any of its Affiliates is a
       party or by which it or any of its Affiliates or any of their respective
       Assets is bound, whether or not in writing, except for any such contract
       or agreement that is not expressly contemplated to be transferred or
       assigned to the Corporation or any member of the Media Information Group
       prior to the Effective Time, or to remain with the Corporation, or any
       member of the Media Information Group subsequent to the Effective Time,
       pursuant to any provision of this Agreement or any Ancillary Agreement:

              (i)    any contract or agreement entered into in the name of, or
              expressly on behalf of, any division, business unit or member of
              the Media Information Group;

              (ii)   any contract or agreement that relates exclusively to the
              Media Information Business;

              (iii)  federal, state and local government and other contracts and
              agreements that are listed or described on Schedule l.1(ii) (iii)
              and any other government contracts or agreements entered into
              after the date hereof and prior to the Effective Time that relate
              exclusively to the Media Information Business;

              (iv)   any contract or agreement representing capital or operating
              equipment lease obligations reflected on the Media Information
              Balance Sheet, including obligations as lessee under those
              contracts or agreements listed on Schedule 1.l(ii)(iv);

              (v)    any contract or agreement that is otherwise expressly
              contemplated pursuant to this Agreement or any of the Ancillary
              Agreements to be transferred or assigned to the Corporation or any
              member of the Media Information Group prior to the Effective Time
              or to remain with the Corporation or any member of the Media
              Information Group subsequent to the Effective Time; and

              (vi)   any guarantee, indemnity, representation or warranty of any
              member of the Media Information Group.

       (jj)   "Media Information Group" shall mean (i) CSW Research Limited,
       Ceridian Infotech (India) Private Limited, and Euro Fieldwork Limited,
       and (ii) the Corporation from and after the Effective Time.

       (kk)   "Media Information Indemnitees" shall mean each member of the
       Media Information Group, each of their respective present and former
       directors, officers, employees and agents and each of the heirs,
       executors, successors and assigns of any of the foregoing.

       (ll)   "Media Information Liabilities" shall mean:

              (i)    any and all Liabilities that are expressly contemplated by
              this Agreement or any Ancillary Agreement (or the Schedules hereto
              or thereto, including

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              Schedule l.1(ll) hereto) as Liabilities to remain with the
              Corporation or any member of the Media Information Group
              subsequent to the Effective Time, and all agreements, obligations
              and Liabilities of the Corporation or any member of the Media
              Information Group under this Agreement or any of the Ancillary
              Agreements;

              (ii)   all Liabilities (other than Taxes and any employee-related
              Liabilities subject to the provisions of the Tax Matters Agreement
              and the Personnel Agreement, respectively), primarily relating to,
              arising out of or resulting from:

                     (A)    the operation of the Media Information Business, as
                     conducted at any time prior to, on or after the Effective
                     Time (including any Liability relating to, arising out of
                     or resulting from any act or failure to act by any
                     director, officer, employee, agent or representative
                     (whether or not such act or failure to act is or was within
                     such person's authority));

                     (B)    the operation of any business conducted by the
                     Corporation or any Subsidiary of the Corporation at any
                     time from and after the Effective Time (including any
                     Liability relating to, arising out of or resulting from any
                     act or failure to act by any director, officer, employee,
                     agent or representative (whether or not such act or failure
                     to act is or was within such person's authority)); or

                     (C)    any Media Information Assets; whether arising
                     before, on or after the Effective Time;

              (iii)  all Liabilities reflected as liabilities or obligations on
              the Media Information Balance Sheet or the accounting records
              supporting such balance sheet, and all Liabilities arising or
              assumed after the date of such balance sheet which, had they
              arisen or been assumed on or before such date and been retained as
              of such date, would have been reflected on such balance sheet,
              subject to any discharge of such Liabilities subsequent to the
              date of the Media Information Balance Sheet; and

              (iv)   those Liabilities allocated to the Corporation pursuant to
              the Debt Realignment Plan;

              Notwithstanding the foregoing, the Media Information Liabilities
              shall not include:

                     (A)    any Liabilities that are expressly contemplated by
                     this Agreement or any Ancillary Agreement (or the Schedules
                     hereto or thereto) as Liabilities to be assumed by New
                     Ceridian or any member of the New Ceridian Group, including
                     any Liabilities set forth in Schedule 1.l(ll)(v);

                                          9
<PAGE>

                     (B)    any Liabilities primarily relating to, arising out
                     of or resulting from any terminated or divested Business
                     Entity, business or operation formerly owned or managed by
                     or associated with the Corporation except for Liabilities
                     primarily relating to, arising out of or resulting from any
                     Business Entities, businesses or operations formerly owned
                     or managed by or associated with the Media Information
                     Group or the Media Information Business;

                     (C)    all agreements and obligations of any member of the
                     New Ceridian Group under this Agreement or any of the
                     Ancillary Agreements; or

                     (D)    any contingent liabilities to Bear, Stearns & Co.
                     Inc. in connection with its role as financial advisor to
                     the Corporation in connection with the Distribution
                     other than contingent Liabilites relating to material
                     misstatements or omissions relating to the Arbitron
                     business or the business of the members of the Media
                     Information Group which Liabilities, if any, will remain
                     Liabilities of the Corporation from and after the Effective
                     Time.

       (mm)   "Media Information Policies" shall mean all Policies, current or
       past, which are owned or maintained by or on behalf of the Corporation or
       any Subsidiary of the Corporation immediately prior to the Effective
       Time, which do not relate to the New Ceridian Business.

       (nn)   "New Ceridian Assets" means, collectively, all the rights and
       Assets owned or held by the Corporation or any Subsidiary of the
       Corporation immediately prior to the Effective Time, except the Media
       Information Assets.

       (oo)   "New Ceridian Business" means each and every business conducted at
       any time by Ceridian or any Subsidiary of Ceridian prior to the
       Distribution Date (including, without limitation, the Human Resources
       Business and the Comdata Business), except the Media Information
       Business.

       (pp)   "New Ceridian Common Shares" shall have the meaning set forth in
       the recitals hereto.

       (qq)   "New Ceridian Contracts" shall mean all the contracts and
       agreements to which the Corporation or any of its Affiliates is a party
       or by which it or any of its Affiliates is bound immediately prior to the
       Effective Time, except the Media Information Contracts.

       (rr)   "New Ceridian Group" shall mean New Ceridian and each Person
       (other than any member of the Media Information Group) that is a
       Subsidiary of the Corporation immediately prior to the Effective Time.

       (ss)   "New Ceridian Indemnitees" shall mean New Ceridian, each member of
       the New Ceridian Group, each of their respective present and former
       directors, officers, employees and agents and each of the heirs,
       executors, successors and assigns of any of the foregoing, except the
       Media Information Indemnitees, as well as any present and former
       directors, officers, employees and agents of the Corporation prior to the
       Effective Time and each of their heirs, executors, successors and
       assigns.

                                          10
<PAGE>

       (tt)   "New Ceridian Liabilities" shall mean collectively, all
       Liabilities allocated to New Ceridian pursuant to the Debt Realignment
       Plan and all obligations and Liabilities of the Corporation or any
       Subsidiary of the Corporation immediately prior to the Effective Time,
       except the Media Information Liabilities.

       (uu)   "New Ceridian Policies" shall mean all Policies, current or past,
       which are owned or maintained by or on behalf of the Corporation or any
       Subsidiary of the Corporation immediately prior to the Effective Time
       which do not relate to the Media Information Business and which Policies
       are either maintained by New Ceridian or a member of the New Ceridian
       Group or are assignable to New Ceridian or a member of the New Ceridian
       Group.

       (vv)   "Person" shall mean any natural person, Business Entity,
       corporation, business trust, joint venture, association, company,
       partnership, other entity or government, or any agency or political
       subdivision thereof.

       (ww)   "Personnel Agreement" shall mean the Personnel Agreement between
       the Corporation and New Ceridian.

       (xx)   "Policies" shall mean insurance policies and insurance contracts
       of any kind (other than life and benefits policies or contracts),
       including, without limitation, primary, excess and umbrella policies,
       comprehensive general liability policies, director and officer liability,
       fiduciary liability, automobile, aircraft, property and casualty,
       workers' compensation and employee dishonesty insurance policies, bonds
       and self insurance and captive insurance company arrangements, together
       with the rights, benefits and privileges thereunder.

       (yy)   "Provider" shall have the meaning set forth in Section 5.1.

       (zz)   "Recipient" shall have the meaning set forth in Section 5.1.

       (aaa)  "Records" shall have the meaning set forth in Section 4.1.

       (bbb)  "Rules" shall have the meaning set forth in Section 6.2.

       (ccc)  "Security Interest" shall mean any mortgage, security interest,
       pledge, lien, charge, claim, option, right to acquire, voting or other
       restriction, right-of-way, covenant, condition, easement, encroachment,
       restriction on transfer, or other encumbrance of any nature whatsoever.

       (ddd)  "Shared Policies" shall mean all Policies, current or past, which
       are owned or maintained by or on behalf of the Corporation or any
       Subsidiary of the Corporation immediately prior to the Effective Time
       which relate to the New Ceridian Business and the Media Information
       Business.

       (eee)  "Subsidiary" shall mean any corporation, partnership, limited
       liability company or other entity of which another entity (i) owns,
       directly or indirectly, ownership interests

                                          11
<PAGE>

       sufficient to elect a majority of the Board of Directors (or persons
       performing similar functions) (irrespective of whether at the time any
       other class or classes of ownership interests of such corporation,
       partnership, limited liability company or other entity shall or might
       have such voting power upon the occurrence of any contingency) or (ii) is
       a general partner or an entity performing similar functions (e.g., a
       trustee).

       (fff)  "Tax" shall have the meaning set forth in the Tax Matters
       Agreement.

       (ggg)  "Tax Matters Agreement" shall mean the Tax Matters Agreement
       between the Corporation and New Ceridian.

       (hhh)  "Third Party Claim" shall have the meaning set forth in Section
       3.3.

       (iii)  "Transition Services Agreement" shall mean the Transition Services
       Agreement among the Corporation and New Ceridian.

1.2    REFERENCES; INTERPRETATION.  References in this Agreement to any gender
include references to all genders, and references to the singular include
references to the plural and vice versa. The words "include", "includes" and
"including" when used in this Agreement shall be deemed to be followed by the
phrase "without limitation". Unless the context otherwise requires, references
in this Agreement to Articles, Sections, Exhibits and Schedules shall be deemed
references to Articles and Sections of, and Exhibits and Schedules to, such
Agreement. Unless the context otherwise requires, the words "hereof", "hereby"
and "herein" and words of similar meaning when used in this Agreement refer to
this Agreement in its entirety and not to any particular Article, Section or
provision of this Agreement.

                                     ARTICLE II
               DISTRIBUTION AND OTHER TRANSACTIONS; CERTAIN COVENANTS

2.1    THE TRANSFER, THE DISTRIBUTION AND OTHER TRANSACTIONS.

       (a)    CERTAIN TRANSACTIONS.  On or prior to the Distribution Date:

              (i)    The Corporation shall, on behalf of itself and its
              Subsidiaries, transfer or cause to be transferred to New Ceridian,
              effective prior to or as of the Effective Time, all of the
              Corporation's and its Subsidiaries' right, title and interest in
              the New Ceridian Assets.  Notwithstanding anything in this
              Agreement to the contrary, the Corporation shall contribute to New
              Ceridian all cash in the Corporation's accounts other than an
              amount up to a maximum of $25 million (which maximum amount may be
              decreased prior to the Effective Time as determined by the Chief
              Financial Officer of the Corporation as directed by the Board of
              Directors of the Corporation) and any cash borrowed by the
              Corporation under the Credit Agreement entered into by the
              Corporation with the Bank of America and various other lenders, on
              or after November 15, 2000.

              (ii)   Except as otherwise specifically set forth in any Ancillary
              Agreement, from and after the Effective Time, (a) the Corporation
              shall, and shall cause each

                                          12
<PAGE>

              member of the Media Information Group to, pay, perform and
              discharge in due course all Media Information Liabilities to the
              extent incurred by the Corporation or such member of the Media
              Information Group and (b) New Ceridian shall, and shall cause each
              member of the New Ceridian Group to, assume, pay, perform and
              discharge in due course all New Ceridian Liabilities in accordance
              with Section 2.1(a)(iii).

              (iii)  New Ceridian shall be entitled to designate the Business
              Entity within the New Ceridian Group (A) to which any New Ceridian
              Assets are to be transferred and (B) which of the New Ceridian
              Liabilities it is obligated for, in each case pursuant to this
              Section 2.1(a).

              (iv)   The Corporation shall cause CSW Research Limited, which is
              presently an indirect second-tier, wholly-owned Subsidiary of the
              Corporation, to become a direct wholly-owned Subsidiary of the
              Corporation.

       (b)    ISSUANCE OF NEW CERIDIAN COMMON SHARES.  In exchange for, and at
       the time of, the contribution of the New Ceridian Assets and the
       assumption of the New Ceridian Liabilities, New Ceridian shall issue that
       number of New Ceridian Common Shares equal to the number of shares of
       Ceridian Common Shares outstanding on the Distribution Record Date, less
       any shares of Ceridian Common Stock forfeited by employees of the
       Corporation in connection with the Distribution.

       (c)    CHARTERS; BY-LAWS.  On or prior to the Distribution Date, all
       necessary actions shall have been taken to provide for the adoption of
       the form of Amended and Restated Certificate of Incorporation and Amended
       and Restated By-laws in substantially the form filed by New Ceridian with
       the Commission as exhibits to New Ceridian's Registration Statement on
       Form 10 (the "Form 10").

       (d)    DIRECTORS. On or prior to the Distribution Date, the Corporation
       as the sole stockholder of New Ceridian, shall have taken all necessary
       action on or prior to the Distribution Date to cause the Board of
       Directors of New Ceridian to consist of the individuals identified in the
       Information Statement as directors of New Ceridian.

       (e)    CERTAIN LICENSES AND PERMITS.  Without limiting the generality of
       the obligations set forth in Section 2.1(a), on or prior to the
       Distribution Date or as soon as reasonably practicable thereafter all
       transferable licenses, permits and authorizations issued by any
       Governmental Authority which do not relate primarily to the Media
       Information Business but which are held in the name of the Corporation or
       any member of the Media Information Group, or in the name of any
       employee, officer, director, stockholder or agent of the Corporation or
       any such member, or otherwise, on behalf of a member of the New Ceridian
       Group shall be duly and validly transferred or caused to be transferred
       by the Corporation to the appropriate member of the New Ceridian Group.

                                          13
<PAGE>

       (f)    TRANSFER OF AGREEMENTS.  Without limiting the generality of the
       obligations set forth in Section 2.1(a), on or prior to the Distribution
       Date or as soon as reasonably practicable thereafter:

              (i)    the Corporation hereby agrees that, subject to the
              limitations set forth in this Section 2.1(f), it will, and it will
              cause each member of the Media Information Group to, assign,
              transfer and convey to the appropriate member of the New Ceridian
              Group all of the Corporation's or such member of the Media
              Information Group's respective right, title and interest in and to
              any and all New Ceridian Contracts;

              (ii)   subject to the provisions of this Section 2.1(f), any
              agreement to which any of the parties hereto or any of their
              Subsidiaries is a party that inures to the benefit of both the
              Media Information Business and the New Ceridian Business shall be
              assigned in part by the Corporation or New Ceridian, as
              appropriate, so that each party shall be entitled to the rights
              and benefits inuring to its business under such agreement; and

              (iii)  the assignee of any agreement assigned, in whole or in
              part, hereunder (an "Assignee") shall assume and agree to pay,
              perform, and fully discharge all obligations of the assignor under
              such agreement or, in the case of a partial assignment under
              paragraph (f) (ii), such Assignee's related portion of such
              obligations as determined in accordance with the terms of the
              relevant agreement, where determinable on the face thereof, and
              otherwise as determined in accordance with the practice of the
              parties prior to the Distribution.

       (g)    CONSENTS.  The parties hereto shall use their commercially
       reasonable efforts to obtain required consents to transfer and/or
       assignment of licenses, permits and authorizations of Governmental
       Authorities and of agreements hereunder.  Notwithstanding anything in
       this Agreement to the contrary, this Agreement shall not constitute an
       agreement to assign any agreement, in whole or in part, or any rights
       thereunder if the agreement to assign or attempt to assign, without the
       consent of a third party, would constitute a breach thereof or in any way
       adversely affect the rights of the assignor or Assignee thereof.  Until
       such consent is obtained, or if an attempted assignment thereof would be
       ineffective or would adversely affect the rights of any party hereto so
       that the intended Assignee would not, in fact, receive all such rights,
       the parties will cooperate with each other in any arrangement designed to
       provide for the intended Assignee the benefits of, and to permit the
       intended Assignee to assume liabilities under, any such agreement.

       (h)    DELIVERY OF SHARES TO AGENT.  The Corporation shall deliver to the
       Agent the share certificates representing the New Ceridian Common Shares
       issued to the Corporation by New Ceridian pursuant to Section 2.1(b),
       endorsed in blank, and shall instruct the Agent to distribute, on or as
       soon as practicable following the Distribution Date, to each holder of
       record of Ceridian Common Stock on the Distribution Record Date a
       certificate or certificates representing one share of New Ceridian Common
       Stock for each share of

                                          14
<PAGE>

       Ceridian Common Stock so held.  New Ceridian shall provide all share
       certificates that the Agent shall require in order to effect the
       Distribution.

       (i)    CERTAIN LIABILITIES.  For purposes of this Agreement, including
       Article III hereof, New Ceridian agrees with the Corporation that any and
       all Liabilities arising from or based upon "controlling person" liability
       relating to the Form 10 filed by New Ceridian shall be deemed to be New
       Ceridian Liabilities and not Media Information Liabilities; provided
       however, the foregoing provisions of this sentence shall not apply to any
       Liabilities arising from or based upon material misstatements or
       omissions relating to the Arbitron Business or the business of the
       members of the Media Information Group which Liabilities, if any, will
       remain Liabilities of the Corporation from and after the Effective Time.

       (j)    DEBT REALIGNMENT PLAN.  The Corporation and New Ceridian shall
       each use commercially reasonable efforts so that, immediately prior to
       the Distribution, the Debt Realignment Plan has been effected in
       accordance with such plan.

       (k)    OTHER TRANSACTIONS.  On or prior to the Distribution Date, each of
       the Corporation and New Ceridian shall consummate those other
       transactions in connection with the Distribution that are contemplated by
       the ruling request submissions by the Corporation to the Internal Revenue
       Service in respect of the ruling granted on ______, and not specifically
       referred to in subparagraphs (a)-(j) above. After the Distribution Date,
       each of the Corporation and New Ceridian will exercise good faith
       commercially reasonable efforts to consummate as promptly as practicable
       all other transactions which must be consummated in order fully to
       complete the Distribution and any of the transactions contemplated hereby
       or by any of the Ancillary Agreements.

2.2    CERIDIAN BOARD ACTION; CONDITIONS PRECEDENT TO THE DISTRIBUTION.
Ceridian's Board of Directors shall, in its sole discretion, establish the
Distribution Record Date and the Distribution Date and any appropriate
procedures in connection with the Distribution.  In no event shall the
Distribution occur unless the following conditions shall, unless waived by
Ceridian in its sole discretion, have been satisfied:

       (a)    the Form 10 shall have been declared effective under the Exchange
       Act;

       (b)    Ceridian shall have entered into agreements satisfactory to
       Ceridian in its sole discretion for the financing necessary to consummate
       the Distribution and the related transactions and Ceridian shall have
       received the requisite funds pursuant to such financing agreements;

       (c)    New Ceridian's Board of Directors, as named in the Form 10, shall
       have been elected by Ceridian, as sole stockholder of New Ceridian, and
       the New Ceridian Amended and Restated Certificate and the New Ceridian
       Amended and Restated Bylaws shall be in effect;

       (d)    the New Ceridian Common Stock shall have been approved for listing
       on the New York Stock Exchange, subject to official notice of issuance;

                                          15
<PAGE>

       (e)    Ceridian's Board of Directors shall have formally approved the
       Distribution and shall not have abandoned, deferred or modified the
       Distribution at any time prior to the Distribution Date;

       (f)    the IRS Ruling shall be in full force and effect and shall not
       have been modified and the representations made to the IRS therein shall
       be true in all material respects;

       (g)    the transaction's transfer of assets and assumption of liabilities
       as contemplated by Article II shall have been consummated in all material
       respects and each of the Ancillary Agreements, in form and substance
       satisfactory to Ceridian, shall have been executed by the parties thereto
       and each of the transactions contemplated by the Ancillary Agreements to
       be consummated on or prior to the Distribution Date shall have been
       consummated;

       (h)    no preliminary or permanent injunction or other order, decree or
       ruling issued by a court of competent jurisdiction or by a government,
       regulatory or administrative agency or commission, and no statute, rule,
       regulation or executive order promulgated or enacted by any Governmental
       Authority, shall be in effect preventing the payment of the Distribution;
       and

       (i)    the Board of Directors of Ceridian shall have received an opinion
       satisfactory to the Board of Directors of Ceridian relating to the
       solvency of each of New Ceridian and Ceridian and any other opinions
       referred to in the Information Statement;

PROVIDED that the satisfaction of such conditions shall not create any
obligation on the part of Ceridian to effect the Distribution or in any way
limit Ceridian's power of termination set forth in Section 8.11 or alter the
consequences of any such termination from those specified in such Section.

2.3    [INTENTIONALLY OMITTED]

2.4    [INTENTIONALLY OMITTED]

2.5    RESIGNATIONS.

       (a)    Subject to Section 2.5(b), the Corporation shall cause all their
       employees who will be in the Media Information Group to resign, effective
       as of the Distribution Date, from all positions as officers or directors
       of any member of the New Ceridian Group in which they serve, and New
       Ceridian shall cause all its employees to resign, effective as of the
       Effective Time, from all positions as officers or directors of the
       Corporation or any members of the Media Information Group in which they
       serve.

       (b)    No person shall be required by any party hereto to resign from any
       position or office with another party hereto if such person is disclosed
       in the Information Statement as the person who is to hold such position
       or office following the Distribution.

                                          16
<PAGE>

2.6    FURTHER ASSURANCES.  In case at any time after the Effective Time any
further action is reasonably necessary or desirable to carry out the purposes of
this Agreement and the Ancillary Agreements, the proper officers of each party
to this Agreement shall take all such necessary reasonable action. Without
limiting the foregoing, the Corporation and New Ceridian shall use their
commercially reasonable efforts promptly to obtain all consents and approvals,
to enter into all amendatory agreements and to make all filings and applications
that may be required for the consummation of the transactions contemplated by
this Agreement and the Ancillary Agreements, including, without limitation, all
applicable governmental and regulatory filings.  To the extent reasonably
requested to do so by another party hereto, each party hereto agrees to sign
such documents, in a form reasonably satisfactory to such party, as may be
reasonably necessary to evidence the assumption of any Liabilities hereunder.

2.7    LIMITED REPRESENTATIONS OR WARRANTIES.  Each of the parties hereto agrees
that no party hereto is, in this Agreement or in any other agreement or document
contemplated by this Agreement or otherwise, making any representation or
warranty whatsoever, as to title or value of Assets being transferred. It is
also agreed that, notwithstanding anything to the contrary otherwise expressly
provided in the relevant Conveyancing and Assumption Instrument, all Assets
either transferred to or retained by the parties, as the case may be, shall be
"as is, where is" and that (subject to Section 2.6) the party to which such
Assets are to be transferred hereunder shall bear the economic and legal risk
that such party's or any of the Subsidiaries' title to any such Assets shall be
other than good and marketable and free from encumbrances. Similarly, each party
hereto agrees that, except as otherwise expressly provided in the relevant
Conveyancing and Assumption Instrument, no party hereto is representing or
warranting in any way that the obtaining of any consents or approvals, the
execution and delivery of any amendatory agreements and the making of any
filings or applications contemplated by this Agreement will satisfy the
provisions of any or all applicable agreements or the requirements of any or all
applicable laws or judgments, it being agreed that the party to which any Assets
are transferred or are to be transferred shall bear the economic and legal risk
that any necessary consents or approvals are not obtained or that any
requirements of laws or judgments are not complied with.

2.8    GUARANTEES.

       (a)    Except as otherwise specified in any Ancillary Agreement, the
       Corporation and New Ceridian shall use their commercially reasonable
       efforts to have, on or prior to the Distribution Date, or as soon as
       practicable thereafter, the Corporation and any member of the Media
       Information Group removed as guarantor of or obligor for any New Ceridian
       Liability, including, without limitation, in respect of those guarantees
       set forth on Schedule 2.8(a) to the extent that they relate to New
       Ceridian Liabilities.

       (b)    Except as otherwise specified in any Ancillary Agreement, the
       Corporation and New Ceridian shall use their commercially reasonable
       efforts to have, on or prior to the Distribution Date, or as soon as
       practicable thereafter, any member of the New Ceridian Group removed as
       guarantor of or obligor for any Media Information Liability, including,
       without limitation, in respect of those guarantees set forth on Schedule
       2.8(b) to the extent that they relate to Media Information Liabilities.

                                         17

<PAGE>

       (c)    If the Corporation or New Ceridian is unable to obtain, or to
       cause to be obtained, any such required removal as set forth in clauses
       (a) or (b) of this Section 2.8, the applicable guarantor or obligor shall
       continue to be bound as such and, unless not permitted by law or the
       terms thereof, the relevant beneficiary shall or shall cause one of its
       Subsidiaries, as agent or subcontractor for such guarantor or obligor to
       pay, perform and discharge fully all the obligations or other liabilities
       of such guarantor or obligor thereunder from and after the date hereof.

2.9    LITIGATION SERVICES.  At all times from and after the Distribution Date,
each of the Corporation and New Ceridian shall use their commercially reasonable
efforts to make available to the other, upon reasonable written request, its and
its Subsidiaries' officers, directors, employees and agents as witnesses or for
providing litigation assistance (such as cooperating in a factual background
investigation) to the extent that (i) such persons may reasonably be required in
connection with the prosecution or defense of any Action in which the requesting
party may from time to time be involved and (ii) there is no conflict in the
Action between the requesting party and the Corporation or New Ceridian as
applicable.  A party providing witness or litigation services to the other party
under this Section shall be entitled to receive from the recipient of such
services, upon the presentation of invoices therefor, payments for such amounts,
relating to disbursements and other out-of-pocket expenses (which shall be
deemed to exclude the costs of salaries and benefits of employees who are
witnesses), as may be reasonably incurred in providing such witness services.

2.10   [INTENTIONALLY OMITTED]

2.11   TRANSFERS NOT EFFECTED PRIOR TO THE DISTRIBUTION; TRANSFERS DEEMED
EFFECTIVE AS OF THE DISTRIBUTION DATE.  To the extent that any transfers
contemplated by this Article II shall not have been consummated on or prior to
the Distribution Date, the parties shall cooperate to effect such transfers as
promptly following the Distribution Date as shall be practicable.  Nothing
herein shall be deemed to require the transfer of any Assets or the assumption
of any Liabilities which by their terms or operation of law cannot be
transferred; provided, however, that the parties hereto and their respective
Subsidiaries shall cooperate to seek to obtain any necessary consents or
approvals for the transfer of all Assets and Liabilities contemplated to be
transferred pursuant to this Article II. In the event that any such transfer of
Assets or Liabilities has not been consummated, from and after the Distribution
Date the party retaining such Asset or Liability shall hold such Asset in trust
for the use and benefit of the party entitled thereto (at the expense of the
party entitled thereto) or retain such Liability for the account of the party by
whom such Liability is to be assumed pursuant hereto, as the case may be, and
take such other action as may be reasonably requested by the party to whom such
Asset is to be transferred, or by whom such Liability is to be assumed, as the
case may be, in order to place such party, insofar as is reasonably possible, in
the same position as would have existed had such Asset or Liability been
transferred as contemplated hereby. As and when any such Asset or Liability
becomes transferable, such transfer shall be effected forthwith. The parties
agree that, as of the Distribution Date, each party hereto shall be deemed to
have acquired complete and sole beneficial ownership over all of the Assets,
together with all rights, powers and privileges incident thereto, and shall be
deemed to have assumed in accordance with the terms of this Agreement all of the
Liabilities, and all duties, obligations and responsibilities incident thereto,

                                          18
<PAGE>

which such party is entitled to acquire or required to assume pursunt to the
terms of this Agreement.

2.12   CONVEYANCING AND ASSUMPTION INSTRUMENTS.  In connection with the
transfers of Assets and the assumptions of Liabilities contemplated by this
Agreement, the parties shall execute or cause to be executed by the appropriate
entities the Conveyancing and Assumption Instruments in substantially the form
contemplated hereby for transfers to be effected pursuant to Minnesota law or
the laws of one of the other states of the United States or, if not appropriate
for a given transfer, and for transfers to be effected pursuant to non-U.S.
laws, in such other form as the parties shall reasonably agree, including the
transfer of real property with deeds as may be appropriate. The transfer of
capital stock shall be effected by means of delivery of stock certificates and
executed stock powers and notation on the stock record books of the corporation
or other legal entities involved, or by such other means as may be required in
any non-U.S. jurisdiction to transfer title to stock and, to the extent required
by applicable law, by notation on public registries.

2.13   ANCILLARY AGREEMENTS.  Prior to the Distribution Date, each of the
Corporation and New Ceridian shall enter into, and/or (where applicable) shall
cause members of the Media Information Group or the New Ceridian Group, as
applicable, to enter into, the Ancillary Agreements and any other agreements in
respect of the Distribution reasonably necessary or appropriate in connection
with the transactions contemplated hereby and thereby.

2.14   CORPORATE NAMES.

       (a)    Except as otherwise specifically provided in any Ancillary
       Agreement:

              (i)    on or prior to the Distribution Date, the Corporation shall
              change its name to Arbitron Inc.;

              (ii)   as soon as reasonably practicable after the Distribution
              Date but in any event within six months thereafter, the
              Corporation will, at its own expense, remove (or, if necessary, on
              an interim basis, cover up) any and all exterior signs and other
              identifiers located on any of its property or premises or on the
              property or premises used by it or its Subsidiaries (except
              property or premises to be shared with New Ceridian or its
              Subsidiaries after the Distribution) which refer or pertain to New
              Ceridian or which include the "Ceridian" name, logo
              or other trademark or other intellectual property utilizing
              "Ceridian;"

              (iii)  as soon as reasonably practicable after the Distribution
              Date but in any event within six months thereafter, the
              Corporation will, and will cause its Subsidiaries to, remove from
              all letterhead, envelopes, invoices and other communications media
              of any kind, all references to "Ceridian," including the
              "Ceridian" name, logo and any other trademark or other
              intellectual property utilizing "Ceridian" (except that the
              Corporation shall not be required to take any such action with
              respect to materials in the possession of customers), and neither
              the Corporation nor its Subsidiaries shall use or display the
              "Ceridian" name, logo

                                          19
<PAGE>

              or other trademarks or intellectual property utilizing "Ceridian"
              without the prior written consent of New Ceridian;

              (iv)   as soon as reasonably practicable after the Distribution
              Date, but in any event within six months thereafter, the
              Corporation will cause its Subsidiaries to change their corporate
              names to the extent necessary to remove and eliminate any
              reference to "Ceridian," including the "Ceridian" name; provided,
              however, that notwithstanding the foregoing requirements of this
              Section 2.14(a), if the Corporation has exercised good faith
              efforts to comply with this clause (iv) but is unable, due to
              regulatory or other circumstance beyond its control, to effect a
              corporate name change in compliance with applicable law, then the
              Corporation or its Subsidiary will not be deemed to be in breach
              hereof if it continues to exercise good faith efforts to
              effectuate such name change and does effectuate such name change
              within nine months after the Distribution Date, and, in such
              circumstances, such party may continue to include in exterior
              signs and other identifiers and in letterhead, envelopes, invoices
              and other communications references to the name which includes
              references to "Ceridian," but only to the extent necessary to
              identify such party and only until such party's corporate name can
              be changed to remove and eliminate such references; and

              (v)    notwithstanding the foregoing clauses (i) through (iv),
              nothing herein or in any Ancillary Agreement shall require the
              Corporation to take any action to remove any reference to
              Ceridian, including the "Ceridian" name, from any stock
              certificate relating to shares of Ceridian Common Stock
              outstanding on or prior to the Effective Time; provided that from
              and after the Effective Time, any newly issued stock certificates
              representing Ceridian Common Stock (which at the Effective Time
              will become common stock of Arbitron Inc.) shall not have any
              reference to Ceridian, including the "Ceridian" name.

       (b)    Except as otherwise specifically provided in any Ancillary
       Agreement:

              (i)    as soon as reasonably practicable after the Distribution
              Date but in any event within six months thereafter, New Ceridian
              will, at its own expense, remove (or, if necessary, on an interim
              basis, cover up) any and all exterior signs and other identifiers
              located on any of their respective property or premises owned or
              used by them or their respective Subsidiaries (except property or
              premises to be shared with the Corporation or its Subsidiaries
              after the Distribution) which refer or pertain to the Media
              Information Business or "Arbitron" name logo or other trademark or
              other Media Information intellectual property;

              (ii)   as soon as reasonably practicable after the Distribution
              Date but in any event within six months thereafter, New Ceridian
              will, and will cause its respective Subsidiaries to, remove from
              all letterhead, envelopes, invoices and other communications media
              of any kind, all references to the "Arbitron" name, logo and any
              other trademark or other Media Information intellectual property
              (except that New Ceridian shall not be required to take any such
              action with

                                          20
<PAGE>

              respect to materials in the possession of customers), and neither
              New Ceridian nor any of its Subsidiaries shall use or display the
              "Arbitron" name, logo or other trademarks or Media Information
              intellectual property without the prior written consent of the
              Corporation; and

              (iii)  as soon as reasonably practicable after the Distribution
              Date but in any event within six months thereafter, New Ceridian
              will, and will cause its Subsidiaries to, change their corporate
              names to the extent necessary to remove and eliminate any
              reference to the "Arbitron" name; provided, however, that
              notwithstanding the foregoing requirements of this Section
              2.14(b), if New Ceridian has exercised good faith efforts to
              comply with this clause (iii) but is unable, due to regulatory or
              other circumstance beyond its control, to effect a corporate name
              change in compliance with applicable law, then New Ceridian or its
              Subsidiary will not be deemed to be in breach hereof if it
              continues to exercise good faith efforts to effectuate such name
              change and does effectuate such name change within nine months
              after the Distribution Date, and, in such circumstances, such
              party may continue to include in exterior signs and other
              identifiers and in letterhead, envelopes, invoices and other
              communications references to the name which includes references to
              Arbitron but only to the extent necessary to identify such party
              and only until such party's corporate name can be changed to
              remove and eliminate such references.

2.15   ORDINARY COURSE OF BUSINESS.  Except as otherwise provided in this
Agreement or any Ancillary Agreement during the period from the date of this
Agreement through the Distribution Date, each of the Corporation and New
Ceridian shall, and shall cause any entity that is a Subsidiary of such party at
any time during such period to, conduct its business in a manner substantially
consistent with the current and past operating practices and in the ordinary
course.

                                    ARTICLE III
                                  INDEMNIFICATION

3.1    INDEMNIFICATION BY THE CORPORATION.  Except as otherwise specifically set
forth in any provision of this Agreement or of any Ancillary Agreement, the
Corporation shall indemnify, defend and hold harmless the New Ceridian
Indemnitees from and against any and all Indemnifiable Losses of the New
Ceridian Indemnitees arising out of, by reason of or otherwise in connection
with the Media Information Liabilities or alleged Media Information Liabilities,
including any breach by the Corporation of any provision of this Agreement or
any Ancillary Agreement.

3.2    INDEMNIFICATION BY NEW CERIDIAN.  Except as otherwise specifically set
forth in any provision of this Agreement or of any Ancillary Agreement, New
Ceridian shall indemnify, defend and hold harmless the Media Information
Indemnitees from and against any and all Indemnifiable Losses of the Media
Information Indemnitees arising out of, by reason of or otherwise in connection
with the New Ceridian Liabilities or alleged New Ceridian Liabilities, including
any breach by New Ceridian of any provision of this Agreement or any Ancillary
Agreement.

                                          21
<PAGE>

3.3    PROCEDURES FOR INDEMNIFICATION.

       (a)    THIRD PARTY CLAIMS.  If a claim or demand is made against a Media
       Information Indemnitee or a New Ceridian Indemnitee (each, an
       "Indemnitee") by any person who is not a party to this Agreement (a
       "Third Party Claim") as to which such Indemnitee is entitled to
       indemnification pursuant to this Agreement, such Indemnitee shall notify
       the party which is or may be required pursuant to Section 3.1 or Section
       3.2 hereof to make such indemnification (the "Indemnifying Party") in
       writing, and in reasonable detail, of the Third Party Claim promptly (and
       in any event within 15 business days) after receipt by such Indemnitee of
       written notice of the Third Party Claim; provided, however, that failure
       to give such notification shall not affect the indemnification provided
       hereunder except to the extent the Indemnifying Party shall have been
       actually prejudiced as a result of such failure (except that the
       Indemnifying Party shall not be liable for any expenses incurred during
       the period in which the Indemnitee failed to give such notice).
       Thereafter, the Indemnitee shall deliver to the Indemnifying Party,
       promptly (and in any event within five business days) after the
       Indemnitee's receipt thereof, copies of all notices and documents
       (including court papers) received by the Indemnitee relating to the Third
       Party Claim.

       If a Third Party Claim is made against an Indemnitee, the Indemnifying
       Party shall be entitled to participate in the defense thereof and, if it
       so chooses and acknowledges in writing its obligation to indemnify the
       Indemnitee therefor, to assume the defense thereof with counsel selected
       by the Indemnifying Party; provided that such counsel is not reasonably
       objected to by the Indemnitee. Should the Indemnifying Party so elect to
       assume the defense of a Third Party Claim, the Indemnifying Party shall,
       within 30 days (or sooner if the nature of the Third Party Claim so
       requires), notify the Indemnitee of its intent to do so, and the
       Indemnifying Party shall thereafter not be liable to the Indemnitee for
       legal or other expenses subsequently incurred by the Indemnitee in
       connection with the defense thereof; provided, that such Indemnitee shall
       have the right to employ counsel to represent such Indemnitee if, in such
       Indemnitee's reasonable judgment, a conflict of interest between such
       Indemnitee and such Indemnifying Party exists in respect of such claim
       which would make representation of both such parties by one counsel
       inappropriate, and in such event the fees and expenses of such separate
       counsel shall be paid by such Indemnifying Party. If the Indemnifying
       Party assumes such defense, the Indemnitee shall have the right to
       participate in the defense thereof and to employ counsel, subject to the
       proviso of the preceding sentence, at its own expense, separate from the
       counsel employed by the Indemnifying Party, it being understood, subject
       to the proviso of the preceding sentence, that the Indemnifying Party
       shall control such defense. The Indemnifying Party shall be liable for
       the fees and expenses of counsel employed by the Indemnitee for any
       period during which the Indemnifying Party has failed to assume the
       defense thereof (other than during the period prior to the time the
       Indemnitee shall have given notice of the Third Party Claim as provided
       above). If the Indemnifying Party so elects to assume the defense of any
       Third Party Claim, all of the Indemnitees shall cooperate with the
       Indemnifying Party in the defense or prosecution thereof, including by
       providing or causing to be provided, Records and witnesses as soon as
       reasonably

                                          22
<PAGE>

       practicable after receiving any request therefor from or on behalf of the
       Indemnifying Party.

       If the Indemnifying Party acknowledges in writing responsibility for a
       Third Party Claim, then in no event will the Indemnitee admit any
       liability with respect to, or settle, compromise or discharge, any Third
       Party Claim without the Indemnifying Party's prior written consent;
       provided, however, that the Indemnitee shall have the right to settle,
       compromise or discharge such Third Party Claim without the consent of the
       Indemnifying Party if the Indemnitee releases the Indemnifying Party from
       its indemnification obligation hereunder with respect to such Third Party
       Claim and such settlement, compromise or discharge would not otherwise
       adversely affect the Indemnifying Party. If the Indemnifying Party
       acknowledges in writing liability for a Third Party Claim, the Indemnitee
       will agree to any settlement, compromise or discharge of a Third Party
       Claim that the Indemnifying Party may recommend and that by its terms
       obligates the Indemnifying Party to pay the full amount of the liability
       in connection with such Third Party Claim and releases the Indemnitee
       completely in connection with such Third Party Claim and that would not
       otherwise adversely affect the Indemnitee; provided, however, that the
       Indemnitee may refuse to agree to any such settlement, compromise or
       discharge if the Indemnitee agrees that the Indemnifying Party's
       indemnification obligation with respect to such Third Party Claim shall
       not exceed the amount that would be required to be paid by or on behalf
       of the Indemnifying Party in connection with such settlement, compromise
       or discharge. If an Indemnifying Party elects not to assume the defense
       of a Third Party Claim, or fails to notify an Indemnitee of its election
       to do so as provided herein, such Indemnitee may compromise, settle or
       defend such Third Party Claim.

       Notwithstanding the foregoing, the Indemnifying Party shall not be
       entitled to assume the defense of any Third Party Claim (and shall be
       liable for the fees and expenses of counsel incurred by the Indemnitee in
       defending such Third Party Claim) if the Third Party Claim seeks an
       order, injunction or other equitable relief or relief for other than
       money damages against the Indemnitee which the Indemnitee reasonably
       determines, after conferring with its counsel, cannot be separated from
       any related claim for money damages. If such equitable relief or other
       relief portion of the Third Party Claim can be so separated from that for
       money damages, the Indemnifying Party shall be entitled to assume the
       defense of the portion relating to money damages.

       (b)    SUBROGATION.  In the event of payment by an Indemnifying Party to
       any Indemnitee in connection with any Third-Party Claim, such
       Indemnifying Party shall be subrogated to and shall stand in the place of
       such Indemnitee as to any events or circumstances in respect of which
       such Indemnitee may have any right or claim relating to such Third-Party
       Claim against any claimant or plaintiff asserting such Third-Party Claim
       or anyone else.  Such Indemnitee shall cooperate with such Indemnifying
       Party in a reasonable manner, and at the cost and expense of such
       Indemnifying Party, in prosecuting any subrogated right or claim.

                                          23
<PAGE>

       (c)    OTHER CLAIMS.  In the event that the Indemnitee asserts the
       existence of a claim giving rise to Indemnifiable Losses (but excluding
       claims resulting from the assertion of Liability by third parties), it
       shall give notice to the Indemnifying Party specifying the nature and
       amount of the claim asserted.  In the event that the Indemnifying Party
       contests the assertion of a claim by giving notice to the Indemnitee,
       then if the parties hereto, acting in good faith, cannot reach agreement
       with respect to such claim within ten days after such response notice,
       the Indemnitee is entitled to seek any available legal remedy.

       (d)    CONTRIBUTION.  If the indemnification provided for in this Article
       III is unavailable to an Indemnitee with respect to an Indemnifiable Loss
       arising out of or related to information contained in the Information
       Statement or Form 10, then the Indemnifying Party, in lieu of
       indemnifying such Indemnitee, shall contribute to the amount paid or
       payable by such Indemnitee as a result of such Indemnifiable Loss, in
       such proportion as is appropriate to reflect the relative fault of the
       Media Information Group, on the one hand, and the New Ceridian Group, on
       the other hand.  The relative fault of any party shall be determined by
       reference to, among other things, whether the untrue or alleged untrue
       statement of a material fact or the omission or alleged omission to state
       a material fact relates to information supplied by that party or one of
       its Affiliates.

       (e)    NON-EXCLUSIVE REMEDY.  The remedies provided in this Article III
       shall be cumulative and shall not preclude assertion by any Indemnitee of
       any other rights or the seeking of any and all other remedies against any
       Indemnifying Party.

3.4    INDEMNIFICATION PAYMENTS.  Indemnification required by this Article III
shall be made by periodic payments of the amount thereof during the course of
the investigation or defense, as and when bills are received or loss, liability,
claim, damage or expense is incurred.

3.5    LIMITATION ON INDEMNIFICATION OBLIGATIONS.

       (a)    INSURANCE.  The amount that any Indemnifying Party is or may be
       required to pay to any Indemnitee pursuant to this Article III shall be
       reduced (retroactively or prospectively) by any Insurance Proceeds or
       other amounts actually recovered from third parties by or on behalf of
       such Indemnitee in respect of the related Indemnifiable Losses.  The
       existence of a claim by an Indemnitee for insurance or against a third
       party in respect of any Indemnifiable Loss shall not, however, delay any
       payment pursuant to the indemnification provisions contained herein and
       otherwise determined to be due and owing by an Indemnifying Party.
       Rather, the Indemnifying Party shall make payment in full of such amount
       so determined to be due and owing by it against an assignment by the
       Indemnitee to the Indemnifying Party of the entire claim of the
       Indemnitee for such insurance or against such third party.
       Notwithstanding any other provisions of this Agreement, it is the
       intention of the parties hereto that no insurer or any other third party
       shall be (i) entitled to a benefit it would not be entitled to receive in
       the absence of the foregoing indemnification provisions; (ii) relieved of
       the responsibility to pay any claims for which it is obligated; or (iii)
       entitled to any subrogation rights with respect to any obligation
       hereunder.  If an Indemnitee shall have received the payment required by
       this

                                          24
<PAGE>

       Agreement from an Indemnifying Party in respect of any Indemnifiable
       Losses and shall subsequently actually receive Insurance Proceeds or
       other amounts in respect of such Indemnifiable Losses, then such
       Indemnitee shall hold such Insurance Proceeds in trust for the benefit of
       such Indemnifying Party and shall pay to such Indemnifying Party a sum
       equal to the amount of such Insurance Proceeds or other amounts actually
       received, up to the aggregate amount of any payments received from such
       Indemnifying Party pursuant to this Agreement in respect of such
       Indemnifiable Losses.

       (b)    FOREIGN CURRENCY ADJUSTMENTS.  In the event that any
       indemnification payment required to be made hereunder or under any
       Ancillary Agreement shall be denominated in a currency other than U.S.
       Dollars, the amount of such payment shall be translated into U.S. Dollars
       using the foreign exchange rate for such currency determined in
       accordance with the following rules:

              (i)    With respect to any Indemnifiable Losses arising from the
              payment by a financial institution under a guarantee, comfort
              letter, letter of credit, foreign exchange contract or similar
              instrument, the foreign exchange rate for such currency shall be
              determined as of the date on which such financial institution
              shall have been reimbursed;

              (ii)   With respect to any Indemnifiable Losses covered by
              insurance, the foreign exchange rate for such currency shall be
              the foreign exchange rate employed by the insurance company
              providing such insurance in settling such Indemnifiable Losses
              with the Indemnifying Party; and

              (iii)  With respect to any Indemnifiable Losses not covered by
              either clause (i) or (ii) above, the foreign exchange rate for
              such currency shall be determined as of the date that notice of
              the claim with respect to such Indemnifiable Losses shall be given
              to the Indemnitee.

       (c)    ADJUSTMENTS FOR TAXES.  The amount of any Indemnifiable Loss shall
       be:

              (i)    increased to take into account any net Tax cost actually
              incurred by the Indemnitee arising from any payments received from
              the Indemnifying Party (grossed up for such increase); and

              (ii)   reduced to take account of any net Tax benefit actually
              realized by the Indemnitee arising from the incurrence or payment
              of any such Indemnifiable Loss.

In computing the amount of such Tax cost or Tax benefit, the Indemnitee shall be
deemed to recognize all other items of income, gain, loss, deduction or credit
before recognizing any item arising from the receipt of any payment with respect
to an Indemnifiable Loss or the incurrence or payment of any Indemnifiable Loss.

3.6    INDEMNIFICATION OF DIRECTORS AND OFFICERS.  The Corporation and New
Ceridian shall, to the fullest extent permitted by Delaware law, indemnify,
defend and save harmless the persons

                                          25
<PAGE>

who were officers and directors of Ceridian, immediately prior to the
Distribution Date, from and against any and all liability (including any
judgments, losses, damages, civil penalties, excise taxes, interest and any
other form of liability or expense of any kind) or claim of liability (as
defined above and including any investigatory action) to which they may be
subjected by reason of any act alleged to have been done or omitted to be done
arising out of service as a director or officer in connection with their service
as officers and directors of Ceridian and any related or affiliated entity,
including all expenses reasonably incurred in their defense if the Corporation
and New Ceridian fail to provide such defense after having been requested to do
so in writing.  Regardless of whether the Corporation or New Ceridian assumes
such defense, counsel for such defense may be selected by the indemnified
officer or director.  Defense costs shall be indemnified as incurred in the
course of the defense or investigation.  The remedies provided by this Section
3.6 shall be cumulative and without prejudice to the assertion of any other
rights.  To the extent that an officer or director receives payment under any
liability insurance or other indemnification arrangement with respect to a
matter covered by this Section 3.6, that officer or director shall reimburse the
party which has made payments to him or her hereunder, but no reimbursement
shall be required except to the extent that the total which he or she has
received from all sources is greater than the aggregate amount of his or her
liability and expense with respect to that matter.  The liability of the
Corporation and New Ceridian with respect to the Indemnification provided in
this Section 3.6 shall be joint and several as to the officer or director in
question, but as between the Corporation and New Ceridian, such liabilityshall
be allocated to either the Media Information Group or the New Ceridian Group
based on whether the acts or omissions giving rise to the Liability are
attributable to officers or directors of the New Ceridian Group (in which case
such liability shall be allocated to the appropriate member of the New Ceridian
Group) or are attributable to officers or directors of the Media Information
Group (in which case such liability shall be allocated to the appropriate member
of the Media Information Group).  Notwithstanding the third-party beneficiary
provisions of this Agreement, the officers and directors covered by this Section
3.6 shall be and shall be deemed to be beneficiaries of this Article III and
shall be entitled to enforce their rights hereunder through legal action or
otherwise.

                                     ARTICLE IV
                               ACCESS TO INFORMATION

4.1    PROVISION OF CORPORATE RECORDS.

       (a)    The parties acknowledge that Records (as hereinafter defined) are
       Assets and, accordingly, all of the Corporation's Records shall belong to
       New Ceridian unless such Records exclusively relate to the Arbitron
       Business in which event such Records shall belong to the Corporation
       after the Effective Time.

       (b)    Other than in circumstances in which indemnification is sought
       pursuant to Article III (in which event the provisions of such Article
       will govern), after the Distribution Date, upon the prior written request
       by New Ceridian for specific and identified agreements, documents, books,
       records or files (collectively, "Records") which relate to (x) New
       Ceridian or the conduct of the New Ceridian Business up to the Effective
       Time, or (y) any Ancillary Agreement to which the Corporation and New

                                          26
<PAGE>

       Ceridian are parties, as applicable, the Corporation shall arrange, as
       soon as reasonably practicable following the receipt of such request, for
       the provision of appropriate copies of such Records (or the originals
       thereof if the party making the request has a reasonable need for such
       originals) in the possession or control of the Corporation or any of its
       Subsidiaries after the Effective Time, but only to the extent such items
       are not already in the possession or control of the requesting party.

       (c)    Other than in circumstances in which indemnification is sought
       pursuant to Article III (in which event the provisions of such Article
       will govern), after the Distribution Date, upon the prior written request
       by the Corporation for specific and identified Records which relate to
       (x) the Corporation, the Media Information Group or the conduct of the
       Media Information Business up to the Effective Time, or (y) any Ancillary
       Agreement to which New Ceridian and the Corporation are parties, as
       applicable, New Ceridian shall arrange, as soon as reasonably practicable
       following the receipt of such request, for the provision of appropriate
       copies of such Records (or the originals thereof if the party making the
       request has a reasonable need for such originals) in the possession or
       control of New Ceridian or any of its Subsidiaries after the Effective
       Time, but only to the extent such items are not already in the possession
       or control of the requesting party.

4.2    ACCESS TO INFORMATION.  Other than in circumstances in which
indemnification is sought pursuant to Article III (in which event the provisions
of such Article will govern), from and after the Distribution Date, each of the
Corporation and New Ceridian shall afford to the other and its authorized
accountants, counsel and other designated representatives reasonable access
during normal business hours, subject to appropriate restrictions for
classified, privileged or confidential information, to the personnel,
properties, books and records of such party and its Subsidiaries insofar as such
access is reasonably required by the other party and relates to (x) such other
party or the conduct of its business prior to the Effective Time or (y) any
Ancillary Agreement to which each of the party requesting such access and the
party requested to grant such access are parties.

4.3    REIMBURSEMENT; OTHER MATTERS.  Except to the extent otherwise
contemplated by any Ancillary Agreement, a party providing Records or access to
information to the other party under this Article IV shall be entitled to
receive from the recipient, upon the presentation of invoices therefor, payments
for such amounts, relating to supplies, disbursements and other out-of-pocket
expenses, as may be reasonably incurred in providing such Records or access to
information.

4.4     CONFIDENTIALITY.  Each of the Corporation and its Subsidiaries and New
Ceridian and its Subsidiaries shall not use or permit the use of (without the
prior written consent of the other) and shall keep, and shall cause its
consultants and advisors to keep, confidential all information concerning the
other party or parties in its possession, its custody or under its control
(except to the extent that (A) such information has been in the public domain
through no fault of such party or (B) such information has been later lawfully
acquired from other sources by such party or (C) this Agreement or any other
Ancillary Agreement or any other agreement entered into pursuant hereto permits
the use or disclosure of such information) to the extent such information (w)
relates to or was acquired during the period up to the Effective Time, (x)
relates to any Ancillary

                                          27
<PAGE>

Agreement, (y) is obtained in the course of performing services for the other
party pursuant to any Ancillary Agreement, or (z) is based upon or is derived
from information described in the preceding clauses (w), (x) or (y), and each
party shall not (without the prior written consent of the other) otherwise
release or disclose such information to any other person, except such party's
auditors and attorneys, unless compelled to disclose such information by
judicial or administrative process or unless such disclosure is required by law
and such party has used commercially reasonable efforts to consult with the
other affected party or parties prior to such disclosure.

4.5    PRIVILEGED MATTERS.  The parties hereto recognize that legal and other
professional services that have been and will be provided prior to the
Distribution Date have been and will be rendered for the benefit of each of the
Corporation, the members of the Media Information Group and the members of the
New Ceridian Group, and that each of the Corporation, the members of the Media
Information Group and the members of the New Ceridian Group should be deemed to
be the client for the purposes of asserting all privileges which may be asserted
under applicable law.  To allocate the interests of each party in the
information as to which any party is entitled to assert a privilege, the parties
agree as follows:

       (a)    The Corporation shall be entitled, in perpetuity, to control the
       assertion or waiver of all privileges in connection with privileged
       information which relates solely to the Media Information Business,
       whether or not the privileged information is in the possession of or
       under the control of the Corporation or New Ceridian. The Corporation
       shall also be entitled, in perpetuity, to control the assertion or waiver
       of all privileges in connection with privileged information that relates
       solely to the subject matter of any claims constituting Media Information
       Liabilities, now pending or which may be asserted in the future, in any
       lawsuits or other proceedings initiated against or by the Corporation,
       whether or not the privileged information is in the possession of or
       under the control of the Corporation or New Ceridian.

       (b)    New Ceridian shall be entitled, in perpetuity, to control the
       assertion or waiver of all privileges in connection with privileged
       information which relates solely to the New Ceridian Business, whether or
       not the privileged information is in the possession of or under the
       control of the Corporation or New Ceridian. New Ceridian shall also be
       entitled, in perpetuity, to control the assertion or waiver of all
       privileges in connection with privileged information which relates solely
       to the subject matter of any claims constituting New Ceridian
       Liabilities, now pending or which may be asserted in the future, in any
       lawsuits or other proceedings initiated against or by New Ceridian
       whether or not the privileged information is in the possession of or
       under the control of the Corporation or New Ceridian.

       (c)    The parties hereto agree that they shall have a shared privilege,
       with equal right to assert or waive, subject to the restrictions in this
       Section 4.5, with respect to all privileges not allocated pursuant to the
       terms of Sections 4.5(a) and (b). All privileges relating to any claims,
       proceedings, litigation, disputes, or other matters which involve both
       the Corporation and New Ceridian in respect of which both parties retain
       any responsibility or liability under this Agreement, shall be subject to
       a shared privilege among them.

                                         28

<PAGE>

       (d)    No party hereto may waive any privilege which could be asserted
       under any applicable law, and in which any other party hereto has a
       shared privilege, without the consent of the other party, except to the
       extent reasonably required by the party seeking to waive the privilege in
       connection with any litigation with third parties (and then only to the
       limited extent necessary under the circumstances) or the resolution of
       any Tax Claim as defined in the Tax Matters Agreement or as provided in
       subsection (e) below. Consent shall be in writing, or shall be deemed to
       be granted unless written objection is made within 20 days after notice
       upon the other party requesting such consent.

       (e)    In the event of any litigation or dispute between or among any of
       the parties hereto, any party and a Subsidiary of another party hereto,
       or a Subsidiary of one party hereto and a Subsidiary of another party
       hereto, either such party may waive a privilege in which the other party
       has a shared privilege, without obtaining the written consent of the
       other party, provided that such waiver of a shared privilege shall be
       effective only as to the use of information with respect to the
       litigation or dispute between the parties and/or their Subsidiaries, and
       shall not operate as a waiver of the shared privilege with respect to
       third parties.

       (f)    If a dispute arises between or among the parties hereto or their
       respective Subsidiaries regarding whether a privilege should be waived to
       protect or advance the interest of any party, each party agrees that it
       shall negotiate in good faith, shall endeavor to minimize any prejudice
       to the rights of the other parties, and shall not unreasonably withhold
       consent to any request for waiver by another party. Each party hereto
       specifically agrees that it will not withhold consent to waiver for any
       purpose except to protect its own legitimate interests.

       (g)    Upon receipt by any party hereto or by any Subsidiary thereof of
       any subpoena, discovery or other request made in connection with then
       pending litigation which arguably calls for the production or disclosure
       of information subject to a shared privilege or as to which another party
       has the sole right hereunder to assert a privilege, or if any party
       obtains knowledge that any of its or any of its Subsidiaries' current or
       former directors, officers, agents or employees have received any
       subpoena, discovery or other requests made in connection with pending
       litigation which arguably calls for the production or disclosure of such
       privileged information, such party shall promptly notify the other party
       or parties of the existence of the request and shall provide the other
       party or parties a reasonable opportunity to review the subpoena,
       discovery or other request and to assert any rights it or they may have
       under this Section 4.5 or otherwise to prevent the production or
       disclosure of such privileged information.

       (h)    The transfer of all Records and other information pursuant to this
       Agreement is made in reliance on the agreement of the Corporation and New
       Ceridian, as set forth in Sections 4.4 and 4.5, to maintain the
       confidentiality of privileged information and to assert and maintain all
       applicable privileges. The access to information being granted pursuant
       to Sections 4.1 and 4.2 hereof, the agreement to provide witnesses and
       individuals or litigation assistance pursuant to Sections 2.9 and 3.3
       hereof, the furnishing of notices and documents and other cooperative
       efforts contemplated by Section 3.3

                                          29
<PAGE>

       hereof, and the transfer of privileged information between and among the
       parties and their respective Subsidiaries pursuant to this Agreement
       shall not be deemed a waiver of any privilege that has been or may be
       asserted under this Agreement or otherwise.

4.6    OWNERSHIP OF INFORMATION.  Any information owned by one party or any of
its Subsidiaries that is provided to a requesting party pursuant to Article III
or this Article IV shall be deemed to remain the property of the providing
party. Unless specifically set forth herein, nothing contained in this Agreement
shall be construed as granting or conferring rights of license or otherwise in
any such information.

4.7    LIMITATION OF LIABILITY.

       (a)    No party shall have any liability to any other party in the event
       that any information exchanged or provided pursuant to this Agreement
       which is an estimate or forecast, or which is based on an estimate or
       forecast, is found to be inaccurate.

       (b)    No party or any Subsidiary thereof shall have any liability or
       claim against any other party or any Subsidiary of any other party based
       upon, arising out of or resulting from any agreement, arrangement, course
       of dealing or understanding existing on or prior to the Distribution Date
       (other than this Agreement or any Ancillary Agreement or any agreement
       entered into in connection herewith or in order to consummate the
       transactions contemplated hereby or thereby), unless such agreement,
       arrangement, course of dealing or understanding is listed on Schedule
       4.7(b) hereto, and any such liability or claim, whether or not in
       writing, which is not reflected on such Schedule, is hereby irrevocably
       cancelled, released and waived.

4.8    OTHER AGREEMENTS PROVIDING FOR EXCHANGE OF INFORMATION.  The rights and
obligations granted under this Article IV are subject to any specific
limitations, qualifications or additional provisions on the sharing, exchange or
confidential treatment of information set forth in any Ancillary Agreement.

                                     ARTICLE V
                              ADMINISTRATIVE SERVICES

5.1    PERFORMANCE OF SERVICES.  Beginning on the Distribution Date, each party
will provide, or cause one or more of its Subsidiaries to provide, to the other
party and/or its Subsidiaries such services on such terms as may be set forth in
the Transition Services Agreement. Except as otherwise set forth in the
Transition Services Agreement or any Schedule thereto, the party that is to
provide the services (the "Provider") will use (and will cause its Subsidiaries
to use) commercially reasonable efforts to provide such services to the other
party and/or its Subsidiaries (the "Recipient") in a satisfactory and timely
manner and as further specified in such Transition Services Agreement.

5.2    INDEPENDENCE.  Unless otherwise agreed in writing, all employees and
representatives of the Provider providing the scheduled services to the
Recipient will be deemed for purposes of all compensation and employee benefits
matters to be employees or representatives of the Provider and not employees or
representatives of the Recipient. In performing such services, such

                                          30
<PAGE>

employees and representatives will be under the direction, control and
supervision of the Provider (and not the Recipient) and the Provider will have
the sole right to exercise all authority with respect to the employment
(including, without limitation, termination of employment), assignment and
compensation of such employees and representatives.

5.3    NON-EXCLUSIVITY.  Nothing in this Agreement precludes any party from
obtaining, in whole or in part, services of any nature that may be obtainable
from the other party from its own employees or from providers other than the
other party.

                                     ARTICLE VI
                                 DISPUTE RESOLUTION

6.1    NEGOTIATION.  In the event of a controversy, dispute or claim arising out
of, in connection with, or in relation to the formation, interpretation,
performance, nonperformance, validity or breach of this Agreement or otherwise
arising out of, or in any way related to this Agreement or the transactions
contemplated hereby, including, without limitation, any claim based on contract,
tort, statute or constitution (but excluding any controversy, dispute or claim
arising out of any agreement relating to the use or lease of real property if
any third party is a party to such controversy, dispute or claim) (collectively,
"Agreement Disputes"), the general counsels of the parties shall negotiate in
good faith for a reasonable period of time to settle such Agreement Dispute,
provided such reasonable period shall not, unless otherwise agreed by the
parties in writing, exceed 30 days from the time the parties began such
negotiations; provided further that in the event of any arbitration in
accordance with Section 6.2 hereof, the parties shall not assert the defenses of
statute of limitations and laches arising for the period beginning after the
date the parties began negotiations hereunder, and any contractual time period
or deadline under this Agreement or any Ancillary Agreement to which such
Agreement Dispute relates shall not be deemed to have passed until such
Agreement Dispute has been resolved.

6.2    ARBITRATION.  If after such reasonable period such general counsels are
unable to settle such Agreement Dispute (and in any event, unless otherwise
agreed in writing by the parties, after 30 days have elapsed from the time the
parties began such negotiations), such Agreement Dispute shall be determined, at
the request of any party, by arbitration conducted in Minneapolis, Minnesota,
before and in accordance with the then-existing Commercial Arbitration Rules of
the American Arbitration Association (the "Rules"). In any dispute between the
parties hereto, the number of arbitrators shall be one. Any judgment or award
rendered by the arbitrator shall be final, binding and nonappealable (except
upon grounds specified in 9 U.S.C. ss.10(a) as in effect on the date hereof). If
the parties are unable to agree on the arbitrator, the arbitrator shall be
selected in accordance with the Rules; provided that the arbitrator shall be a
U.S. national. Any controversy concerning whether an Agreement Dispute is an
arbitrable Agreement Dispute, whether arbitration has been waived, whether an
assignee of this Agreement is bound to arbitrate, or as to the interpretation of
enforceability of this Article VI shall be determined by the arbitrator.  In
resolving any dispute, the parties intend that the arbitrator apply the
substantive laws of the State of Minnesota, without regard to the choice of law
principles thereof. The parties intend that the provisions to arbitrate set
forth herein be valid, enforceable and irrevocable. The parties agree to comply
with any award made in any such arbitration proceeding that has become final in
accordance with the Rules and agree to enforcement of or entry of judgment upon
such

                                          31
<PAGE>

award, by any court of competent jurisdiction, including the District Court,
County of Hennepin, Fourth Judicial District, State of Minnesota or the United
States District Court for Minnesota in Minneapolis, Minnesota, in accordance
with Section 8.17 hereof.  The arbitrator shall be entitled, if appropriate, to
award any remedy in such proceedings, including, without limitation, monetary
damages, specific performance and all other forms of legal and equitable relief;
provided, however, the arbitrator shall not be entitled to award punitive or
liquidated damages.  Without limiting the provisions of the Rules, unless
otherwise agreed in writing by or among the parties or permitted by this
Agreement, the parties shall keep confidential all matters relating to the
arbitration or the award, provided such matters may be disclosed (i) tothe
extent reasonably necessary in any proceeding brought to enforce the award or
for entry of a judgment upon the award and (ii) to the extent otherwise required
by law. Notwithstanding Article 32 of the Rules, the party other than the
prevailing party in the arbitration shall be responsible for all of the costs of
the arbitration, including legal fees and other costs specified by such Article
32. Nothing contained herein is intended to or shall be construed to prevent any
party, in accordance with Article 22(3) of the Rules or otherwise, from applying
to any court of competent jurisdiction for interim measures or other provisional
relief in connection with the subject matter of any Agreement Disputes.  If a
court proceeding to stay litigation or compel arbitration is necessary, the
party who unsuccessfully opposes such proceeding shall pay all associated costs,
expenses and attorneys' fees which are reasonably incurred by the other party.

6.3    CONTINUITY OF SERVICE AND PERFORMANCE.  Unless otherwise agreed in
writing, the parties will continue to provide service and honor all other
commitments under this Agreement and each Ancillary Agreement during the course
of dispute resolution pursuant to the provisions of this Article VI with respect
to all matters not subject to such dispute, controversy or claim.

6.4    TAX MATTERS AGREEMENT CONSENTS.  Notwithstanding any other provision of
this Agreement, the dispute resolution procedure set forth in Section 2.1(g)(4)
of the Tax Matters Agreement shall apply with respect to disagreements relating
to the application of Section 2.1(g) and the dispute resolution procedure set
forth in Section 7.3(c) of the Tax Matters Agreement shall apply with respect to
requests for consent pursuant to Section 7.3 of the Tax Matters Agreement.

                                    ARTICLE VII
                                     INSURANCE

7.1    POLICIES AND RIGHTS INCLUDED WITHIN ASSETS; ASSIGNMENT OF POLICIES.

       (a)    POLICY RIGHTS.  The New Ceridian Assets shall include any and all
       rights of an insured party under each of the Shared Policies, subject to
       the terms of such Shared Policies and any limitations or obligations of
       New Ceridian contemplated by this Article VII, specifically including
       rights of indemnity and the right to be defended by or at the expense of
       the insurer, with respect to all claims, suits, actions, proceedings,
       injuries, losses, liabilities, damages and expenses incurred or claimed
       to have been incurred prior to the Effective Time by any party in or in
       connection with the conduct of the New Ceridian Business or, to the
       extent any claim is made against New Ceridian or any of its Subsidiaries,
       the conduct of the Media Information Business, and which claims, suits,

                                          32
<PAGE>

       actions, proceedings, injuries, losses, liabilities, damages and expenses
       may arise out of an insured or insurable occurrence under one or more of
       such Shared Policies.

       (b)    ASSIGNMENT OF SHARED POLICIES.  Subject to the terms and
       conditions hereof, the Corporation hereby assigns, transfers and conveys
       to New Ceridian all of the Corporation's right, title and interest in and
       to any and all of the Shared Policies, including, without limitation, the
       right of indemnity, the right to be defended by or at the expense of the
       insurer and the right to any applicable Insurance Proceeds thereunder;
       and the Corporation and New Ceridian shall use their commercially
       reasonable efforts to obtain any required consents of insurers to the
       assignment contemplated by this paragraph.

7.2    POST-DISTRIBUTION DATE CLAIMS.  If, subsequent to the Distribution Date,
any person shall assert a claim against New Ceridian or any of its Subsidiaries
(including, without limitation, where New Ceridian or its Subsidiaries are joint
defendants with other persons) with respect to any claim, suit, action,
proceeding, injury, loss, liability, damage or expense incurred or claimed to
have been incurred prior to the Effective Time in or in connection with the
conduct of the New Ceridian Business or, to the extent any claim is made against
New Ceridian or any of its Subsidiaries (including, without limitation, where
New Ceridian or its Subsidiaries are joint defendants with other persons), in
connection with the conduct of the Media Information Business, and which claim,
suit, action, proceeding, injury, loss, liability, damage or expense may arise
out of an insured or insurable occurrence under one or more of the Shared
Policies, the Corporation shall, at the time such claim is asserted, to the
extent any such Policy may require that Insurance Proceeds thereunder be
collected directly by the named insured or anyone other than the party against
whom the Insured Claim is asserted, be deemed to designate, without need of
further documentation, New Ceridian as the agent and attorney-in-fact to assert
and to collect any related Insurance Proceeds under such Shared Policy.

7.3    ADMINISTRATION; OTHER MATTERS.

       (a)    ADMINISTRATION.  From and after the Distribution Date, New
       Ceridian shall be responsible for (i) Insurance Administration of the
       Shared Policies and (ii) Claims Administration under such Shared Policies
       with respect to Media Information Liabilities and New Ceridian
       Liabilities; provided that the assumption of such responsibilities by New
       Ceridian is in no way intended to limit, inhibit or preclude any right to
       insurance coverage for any Insured Claim of a named insured under such
       Policies as contemplated by the terms of this Agreement; provided further
       that New Ceridian's assumption of the administrative responsibilities for
       the Shared Policies shall not relieve the party submitting any Insured
       Claim of the primary responsibility for reporting such Insured Claim
       accurately, completely and in a timely manner or of such party's
       authority to settle any such Insured Claim within any period permitted or
       required by the relevant Policy; and provided further that all direct or
       indirect communication with insurers relating to the Shared Policies
       shall be conducted by New Ceridian. New Ceridian may discharge its
       administrative responsibilities under this Section 7.3 by contracting for
       the provision of services by independent parties. Each of the parties
       hereto shall administer and pay any costs relating to defending its
       respective Insured Claims under Shared Policies to the

                                          33
<PAGE>

       extent such defense costs are not covered under such Policies and shall
       be responsible for obtaining or reviewing the appropriateness of releases
       upon settlement of its respective Insured Claims under Shared Policies.
       The disbursements, out-of-pocket expenses and direct and indirect costs
       of employees or agents of New Ceridian relating to Claims Administration
       and Insurance Administration contemplated by this Section 7.3(a) shall be
       treated in accordance with the terms of the Transition Services
       Agreement, if still in effect with respect to insurance and risk
       management, or, if the Transition Services Agreement shall no longer be
       in effect with respect to insurance and risk management, then each of the
       Corporation and New Ceridian shall be responsible for its own Claims
       Administration and Insurance Administration.

       (b)    EXCEEDING POLICY LIMITS.  Except as set forth in this Section
       7.3(b), the Corporation and New Ceridian shall not be liable to one
       another for claims not reimbursed by insurers for any reason not within
       the control of the Corporation or New Ceridian, as the case may be,
       including, without limitation, coinsurance provisions, deductibles, quota
       share deductibles, self insured retentions, bankruptcy or insolvency of
       an insurance carrier, Shared Policy limitations or restrictions, any
       coverage disputes, any failure to timely claim by the Corporation or New
       Ceridian or any defect in such claim or its processing, provided that New
       Ceridian shall be responsible for the amount of the difference, if any,
       between the deductible set forth in any Shared Policy and the deductible
       allocable to the Corporation as set forth in Schedule 7.3(b) hereto.

       (c)    ALLOCATION OF INSURANCE PROCEEDS.  Insurance Proceeds received
       with respect to claims, costs and expenses under the Shared Policies
       shall be paid to New Ceridian, which shall thereafter administer the
       Shared Policies by paying the Insurance Proceeds, as appropriate, to the
       Corporation with respect to Media Information Liabilities and to New
       Ceridian with respect to New Ceridian Liabilities. Payment of the
       allocable portions of indemnity costs of Insurance Proceeds resulting
       from such Policies will be made by New Ceridian to the appropriate party
       upon receipt from the insurance carrier. In the event that the aggregate
       limits on any Shared Policies are exceeded by the aggregate of
       outstanding Insured Claims by both of the parties hereto, the parties
       agree to allocate the Insurance Proceeds received thereunder based upon
       their respective percentage of the total of their bona fide claims which
       were covered under such Shared Policy (their "allocable portion of
       Insurance Proceeds"), and any party who has received Insurance Proceeds
       in excess of such party's allocable portion of Insurance Proceeds shall
       pay to the other party the appropriate amount so that each party will
       have received its allocable portion of Insurance Proceeds pursuant
       hereto. Each of the parties agrees to use commercially reasonable efforts
       to maximize available coverage under those Shared Policies applicable to
       it, and to take all commercially reasonable steps to recover from all
       other responsible parties in respect of an Insured Claim to the extent
       coverage limits under a Shared Policy have been exceeded or would be
       exceeded as a result of such Insured Claim.

       (d)    ALLOCATION OF DEDUCTIBLES.  In the event that both parties have
       bona fide claims under any Shared Policy for which a deductible is
       payable, the parties agree that the aggregate amount of the deductible
       paid shall be borne by the parties in the same

                                          34
<PAGE>

       proportion which the Insurance Proceeds received by each such party bears
       to the total Insurance Proceeds received under the applicable Shared
       Policy (their "allocable share of the deductible"), and any party who has
       paid more than such share of the deductible shall be entitled to receive
       from the other party an appropriate amount so that each party has borne
       its allocable share of the deductible pursuant hereto. For purposes of
       this Section 7.3(d), the amount of the relevant deductible under any
       Shared Policy shall be that set forth in Schedule 7.3(b) hereto.

       (e)    CERTAIN DEDUCTIBLES.  Effective as of the Distribution Date, each
       of New Ceridian and the Corporation shall be responsible for its
       applicable deductible for workers' compensation, general liability and
       automobile liability claims as set forth in Schedule 7.3(e).

7.4    AGREEMENT FOR WAIVER OF CONFLICT AND SHARED DEFENSE.  In the event that
Insured Claims of both of the parties hereto exist relating to the same
occurrence, the parties shall jointly defend and waive any conflict of interest
necessary to the conduct of the joint defense. Nothing in this Article VII shall
be construed to limit or otherwise alter in any way the obligations of the
parties to this Agreement, including those created by this Agreement, by
operation of law or otherwise.

7.5    COOPERATION.  The parties agree to use their commercially reasonable
efforts to cooperate with respect to the various insurance matters contemplated
by this Agreement.

                                    ARTICLE VIII
                                   MISCELLANEOUS

8.1    COMPLETE AGREEMENT; CONSTRUCTION.  This Agreement, including the Exhibits
and Schedules, and the Ancillary Agreements shall constitute the entire
agreement between the parties with respect to the subject matter hereof and
shall supersede all previous negotiations, commitments and writings with respect
to such subject matter. In the event of any inconsistency between this Agreement
and any Schedule hereto, the Schedule shall prevail.

Other than Section 2.1(j), Section 2.7, Section 4.5 and Article VI, which shall
prevail over any inconsistent or conflicting provisions in any Ancillary
Agreement, notwithstanding any other provisions in this Agreement to the
contrary, in the event and to the extent that there shall be a conflict between
the provisions of this Agreement and the provisions of any Ancillary Agreement,
such Ancillary Agreement shall control.

8.2    ANCILLARY AGREEMENTS.  Subject to the last sentence of Section 8.1, this
Agreement is not intended to address, and should not be interpreted to address,
the matters specifically and expressly covered by the Ancillary Agreements.

8.3    COUNTERPARTS.  This Agreement may be executed in one or more
counterparts, all of which shall be considered one and the same agreement, and
shall become effective when one or more such counterparts have been signed by
each of the parties and delivered to the other parties.

                                          35
<PAGE>

8.4    SURVIVAL OF AGREEMENTS.  Except as otherwise contemplated by this
Agreement, all covenants and agreements of the parties contained in this
Agreement shall survive the Distribution Date.

8.5    EXPENSES.  Except as set forth on Schedule 8.5 or as otherwise set forth
in this Agreement or any Ancillary Agreement, all costs and expenses incurred
and for which invoices have been submitted on or prior to the Distribution Date
in connection with the preparation, execution, delivery and required
implementation of this Agreement and any Ancillary Agreement, the Information
Statement (including any registration statement on Form 10 of which such
Information Statement may be a part) and the Distribution and the consummation
of the transactions contemplated thereby shall be charged to and paid by the
Corporation. Except as set forth on Schedule 8.5 or as otherwise set forth in
this Agreement or any Ancillary Agreement, all costs and expenses incurred on or
prior to the Distribution Date and for which invoices are submitted after the
Distribution Date in connection with the required implementation of this
Agreement or any Ancillary Agreement, the consummation of the Distribution or
the consummation of the transactions contemplated by this Agreement or any
Ancillary Agreement shall be charged to and paid by Ceridian. Except as set
forth on Schedule 8.5 or as otherwise set forth in this Agreement or any
Ancillary Agreement, each party shall bear its own costs and expenses incurred
after the Distribution Date. Any amount or expense to be paid or reimbursed by
any party hereto to any other party hereto shall be so paid or reimbursed
promptly after the existence and amount of such obligation is determined and
demand therefor is made.

8.6    NOTICES.  All notices and other communications hereunder shall be in
writing and hand delivered or mailed by registered or certified mail (return
receipt requested) or sent by any means of electronic message transmission with
delivery confirmed (by voice or otherwise) to the parties at the following
addresses (or at such other addresses for a party as shall be specified by like
notice) and will be deemed given on the date on which such notice is received:

       TO THE CORPORATION:

       142 West 57th Street
       New York, NY  10019-3300
       Fax:  (212) 887-1419
       Attn:  General Counsel

       TO NEW CERIDIAN:

       Corporate Officer
       3311 E. Old Shakopee Road
       Minneapolis, MN  55425-1640
       Fax:  (952) 853-7272
       Attn:  General Counsel

8.7    WAIVERS.  The failure of any party to require strict performance by any
other party of any provision in this Agreement will not waive or diminish that
party's right to demand strict performance thereafter of that or any other
provision hereof.

                                          36
<PAGE>

8.8    AMENDMENTS.  Subject to the terms of Section 8.11 hereof, this Agreement
may not be modified or amended except by an agreement in writing signed by each
of the parties hereto.

8.9    ASSIGNMENT.

       (a)    This Agreement shall not be assignable, in whole or in part,
       directly or indirectly, by any party hereto without the prior written
       consent of the other parties hereto, and any attempt to assign any rights
       or obligations arising under this Agreement without such consent shall be
       void.

       (b)    The Corporation will not distribute to its stockholders any
       interest in any Media Information Business Entity, by way of a spin-off
       distribution, split-off or exchange of interests in a Media Information
       Business Entity for any interest in the Corporation held by Media
       Information stockholders, or any similar transaction or transactions,
       unless the distributed Media Information Business Entity undertakes to
       New Ceridian to be jointly and severally liable for all Media Information
       Liabilities hereunder.

       (c)    New Ceridian will not distribute to its stockholders any interest
       in any New Ceridian Business Entity, by way of a spin-off distribution,
       split-off or exchange of interests in a New Ceridian Business Entity for
       any interest in New Ceridian held by the Corporation's stockholders, or
       any similar transaction or transactions, unless the distributed New
       Ceridian Business Entity undertakes to the Corporation to be jointly and
       severally liable for all New Ceridian Liabilities hereunder.

8.10   SUCCESSORS AND ASSIGNS.  The provisions to this Agreement shall be
binding upon, inure to the benefit of and be enforceable by the parties and
their respective successors and permitted assigns.

8.11   TERMINATION.  This Agreement (including, without limitation, Article III
hereof) may be terminated and the Distribution may be amended, modified or
abandoned at any time prior to the Distribution by and in the sole discretion of
the Corporation without the approval of New Ceridian or the stockholders of the
Corporation. In the event of such termination, no party shall have any liability
of any kind to any other party or any other person. After the Distribution, this
Agreement may not be terminated except by an agreement in writing signed by the
parties; provided, however, that Article III shall not be terminated or amended
after the Distribution in respect of the third party beneficiaries thereto
without the consent of such persons.

8.12   SUBSIDIARIES.  Each of the parties hereto shall cause to be performed,
and hereby guarantees the performance of, all actions, agreements and
obligations set forth herein to be performed by any Subsidiary of such party or
by any entity that is contemplated to be a Subsidiary of such party on and after
the Effective Time.

8.13   NO THIRD PARTY BENEFICIARIES.  Except as provided in Article III relating
to Indemnitees, this Agreement is solely for the benefit of the parties hereto
and their respective Subsidiaries and Affiliates and should not be deemed to
confer upon third parties any remedy, claim, liability, reimbursement, claim of
action or other right in excess of those existing without reference to this
Agreement.

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<PAGE>

8.14   TITLE AND HEADINGS.  Titles and headings to sections herein are inserted
for the convenience of reference only and are not intended to be a part of or to
affect the meaning or interpretation of this Agreement.

8.15   EXHIBITS AND SCHEDULES.  The Exhibits and Schedules shall be construed
with and as an integral part of this Agreement to the same extent as if the same
had been set forth verbatim herein.

8.16   GOVERNING LAW.  THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF MINNESOTA APPLICABLE TO CONTRACTS MADE
AND TO BE PERFORMED IN THE STATE OF MINNESOTA.

8.17   CONSENT TO JURISDICTION.  Without limiting the provisions of Article VI
hereof, each of the parties irrevocably submits to the exclusive jurisdiction of
(a) the District Court, County of Hennepin, Fourth Judicial District, State of
Minnesota, and (b) the United States District Court for Minnesota in
Minneapolis, Minnesota, for the purposes of any suit, action or other proceeding
arising out of this Agreement or any transaction contemplated hereby. Each of
the parties agrees to commence any action, suit or proceeding relating hereto
either in the United States District Court for Minnesota in Minneapolis,
Minnesota, or if such suit, action or other proceeding may not be brought in
such court for jurisdictional reasons, in the District Court, County of
Hennepin, Fourth Judicial District, State of Minnesota.  Each of the parties
further agrees that service of any process, summons, notice or document by U.S.
registered mail to such party's respective address set forth above shall be
effective service of process for any action, suit or proceeding in Minnesota
with respect to any matters to which it has submitted to jurisdiction in this
Section 8.17. Each of the parties irrevocably and unconditionally waives any
objection to the laying of venue of any action, suit or proceeding arising out
of this Agreement or the transactions contemplated hereby in (i) the District
Court, County of Hennepin, Fourth Judicial District, State of Minnesota, or (ii)
the United States District Court for Minnesota in Minneapolis, Minnesota, and
hereby further irrevocably and unconditionally waives and agrees not to plead or
claim in any such court that any such action, suit or proceeding brought in any
such court has been brought in an inconvenient forum.

8.18   SEVERABILITY.  In the event any one or more of the provisions contained
in this Agreement should be held invalid, illegal or unenforceable in any
respect, the validity, legality and enforceability of the remaining provisions
contained herein and therein shall not in any way be affected or impaired
thereby. The parties shall endeavor in good-faith negotiations to replace the
invalid, illegal or unenforceable provisions with valid provisions, the economic
effect of which comes as close as possible to that of the invalid, illegal or
unenforceable provisions.

                                          38
<PAGE>

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

                                          CERIDIAN CORPORATION

                                          By:
                                             --------------------------------
                                          Its:
                                              -------------------------------

                                          NEW CERIDIAN CORPORATION

                                          By:
                                             --------------------------------
                                          Its:
                                              -------------------------------

                                          39
<PAGE>

                               DEBT REALIGNMENT PLAN

1.     PRE-EFFECTIVE TIME ACTIONS.

       (a)    Ceridian and New Ceridian agree to use commercially reasonable
              efforts to negotiate and enter into two separate credit facilities
              pursuant to the two separate terms and conditions accompanying the
              engagement letters executed by Ceridian on September ___, 2000,
              and by Ceridian and New Ceridian on August ___, 2000.

       (b)    Subject to the Board of Directors of Ceridian determining not to
              do so, Ceridian will give notice of (a) redemption of the 7-1/4%
              Senior Notes due June 1, 2004 (the "Notes") in accordance with the
              Indenture pursuant to which the Notes were issued (the
              "Indenture") as necessary to permit such Notes to be redeemed on
              or before the Effective Time and (b) the termination, and payment
              of all obligations and liabilities owed by Ceridian under the
              Amended and Restated Credit Agreement dated as of July 31, 1997
              among Ceridian, Bank of America National Trust and Savings
              Association, N.A. and various other lenders (the "Credit
              Agreement") in accordance with the terms of the Credit Agreement
              as necessary to permit the Credit Agreement to be terminated and
              paid on or before the Effective Time.

2.     ASSUMPTION OF CERTAIN DEBT.

Effective upon the transfer of assets described in Section 2.1(a)(1) of the
Distribution Agreement (the "Assumption Date"), New Ceridian will assume all of
the following liabilities and obligations of Ceridian:

       (a)    Liabilities and obligations of Ceridian under the Notes, the
              Indenture and the Credit Agreement payable from and after the
              Assumption Date for principal and any prepayment premium
              thereunder, such that all remaining liabilities and obligations
              not assumed by New Ceridian and retained and paid by Ceridian
              thereunder, whether for principal, prepayment premium, accrued
              interest or other liabilities or obligations thereunder, equals
              $250 million.

       (b)    All liabilities and obligations of Ceridian under any guarantees
              of any indebtedness for borrowed money of Ceridian Canada Ltd.,
              including guarantees:

              (i)    dated as of January 30, 1993 of indebtedness to Toronto
                     Division under a revolving credit facility;

              (ii)   dated as of March 10, 1998 of indebtedness to CIBC under a
                     revolving credit facility; and

              (iii)  dated as of December 7, 1998 of an operating lease with IBM
                     Canada Ltd.

                                          1
<PAGE>

       (c)    All liabilities and obligations of Ceridian under any guarantees
       of obligations of Permicom Permits Services Ltd. to CIBC dated as of
       August 27, 1999 of an obligation to CIBC.

       (d)    All liabilities and obligations of Ceridian under a capitalized
       lease related to the Comdata Business in the approximate amount of
       $200,000.

       (e)    All liabilities and obligations of Ceridian under any letters of
       credit issued for the account of Ceridian, including those issued to
       Travelers Insurance in connection with workers' compensation insurance
       and to U.S. South Communications to assure certain performance of the
       Comdata Business.

       (f)    All liabilities and obligations of Ceridian under any sale and
       leaseback transaction relating to any headquarters building located in
       Minnesota or Florida.

       (g)    [IS BASED ON ASSUMPTION THAT SCOTTISH DEBT IS PAID, AND
       PERFORMANCE AND REAL ESTATE LEASE GUARANTEES ARE HANDLED ELSEWHERE.]

3.     PAYMENT OF NOTES AND CREDIT AGREEMENT.

If the actions described in Section 1 above have occurred, Ceridian and New
Ceridian shall pay, or cause to be paid on or before the Effective Time with
proceeds of the credit facilities described in Section 1(a), the obligations
owing under the Notes, the Indenture and the Credit Agreement.

                                          2<PAGE>

                                                                EXHIBIT 10.2

                               PERSONNEL AGREEMENT

                                     BETWEEN

                              CERIDIAN CORPORATION

                          (TO BE RENAMED ARBITRON INC.)

                                       AND

                            NEW CERIDIAN CORPORATION

                      (TO BE RENAMED CERIDIAN CORPORATION)

<PAGE>

                               PERSONNEL AGREEMENT

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                             PAGE
                                                                                             ----
<S>                                                                                           <C>
ARTICLE I  DEFINITIONS..........................................................................1
   1.1 General..................................................................................1

ARTICLE II  GENERAL INTENT......................................................................3
   2.1 Employees................................................................................3
   2.2 Benefits.................................................................................3
   2.3 Indemnifiable Losses.....................................................................3

ARTICLE III  EMPLOYEE MATTERS...................................................................4
   3.1 Employment...............................................................................4
   3.2 Terminations/Layoff/Severance............................................................4
   3.3 Workers' Compensation....................................................................5
   3.4 Employment Solicitation..................................................................5
   3.5 Personnel Records........................................................................5
   3.6 Contractors..............................................................................5

ARTICLE IV  WELFARE PLANS.......................................................................6
   4.1 Assumption of the Corporation's Welfare Plans by New Ceridian............................6
   4.2 Plan Assets..............................................................................6
   4.3 Termination of Participation by the Corporation..........................................6
   4.4 Active Medical and Dental Plans..........................................................6
   4.5 Retiree Medical Plans....................................................................6
   4.6 Cafeteria Plan...........................................................................7
   4.7 Disability Plans.........................................................................7
   4.8 Life Insurance Plans.....................................................................7
   4.9 Severance Plans..........................................................................7
   4.10  Tuition Assistance Plan................................................................7
   4.11  Scholarship Program....................................................................8
   4.12  Adoption Assistance....................................................................8
   4.13  Welfare Plan Liabilities...............................................................8

ARTICLE V  CURRENT CASH COMPENSATION, stock-based compensation AND BENEFIT ARRANGEMENTS.........9
   5.1 Cessation of Participation in the Corporation's Benefit Arrangements.....................9
   5.2 Assumption of Certain Employee Related Obligations.......................................9
   5.3 New Ceridian Stock Option Plans..........................................................9
   5.4 Corporation Stock Option Plans..........................................................11
   5.5 Retiree and Decedent Options............................................................11
   5.6 Option Definitions......................................................................12
   5.7 Restricted Stock........................................................................12
   5.8 Employee Stock Purchase Plan............................................................12
   5.9 Save as You Earn Plan...................................................................13
   5.10  Accrued Personal Days Off and Sick Leave..............................................13
</TABLE>

                                       i

<PAGE>

                                TABLE OF CONTENTS
                                   (continued)
<TABLE>
<CAPTION>
                                                                                             PAGE
                                                                                             ----
<S>                                                                                          <C>
   5.11  Past Service Credit...................................................................13

ARTICLE VI  PENSION PLANS......................................................................13
   6.1 Assumption of Retirement Plan...........................................................13
   6.2 Spinoff of the Arbitron Retirement Plan.................................................14
   6.3 Assumption of Benefit Equalization Plan.................................................16
   6.4 Spinoff of Arbitron Benefit Equalization Plan...........................................16
   6.5 Assumption of 401(k) Plans..............................................................17
   6.6 Spinoff of Arbitron 401(k) Plan.........................................................18
   6.7 Assumption of Executive Investment Plan.................................................19
   6.8 Spinoff of Arbitron Executive Investment Plan...........................................19
   6.9 Rabbi Trusts............................................................................20
   6.10  Deferred Compensation Agreements......................................................20
   6.11  Other Liabilities.....................................................................20

ARTICLE VII  SPECIAL PROVISIONS................................................................20
   7.1 International Liabilities...............................................................20
   7.2 Disabled Employees......................................................................21
   7.3 SBC Employee Liabilities................................................................22

ARTICLE VIII  GENERAL PROVISIONS...............................................................22
   8.1 Miscellaneous Provisions................................................................22
   8.2 Relevant Time...........................................................................22
   8.3 Further Cooperation.....................................................................22
   8.4 Third Party Agreements..................................................................22
   8.5 Preservation of Rights to Amend or Terminate............................................23
   8.6 Applicability to Subsidiaries...........................................................23
   8.7 Administrative Complaints/Litigation....................................................23
   8.8 Reimbursement and Indemnification.......................................................23
   8.9 No Third Party Beneficiaries............................................................23
</TABLE>

                                       ii

<PAGE>

                               PERSONNEL AGREEMENT

        This Personnel Agreement, dated as of _________________, 2000, is
between Ceridian Corporation, a Delaware corporation to be renamed Arbitron Inc.
("Arbitron" or the "Corporation"), and New Ceridian Corporation, a Delaware
corporation to be renamed Ceridian Corporation ("New Ceridian").

                                    RECITALS

        WHEREAS, the Corporation and New Ceridian have entered into a
Distribution Agreement (the "Distribution Agreement") pursuant to which the
Corporation is transferring and assigning to New Ceridian certain assets and
properties in exchange for the assumption by New Ceridian of certain Liabilities
and obligations of the Corporation and the issuance by New Ceridian to the
Corporation of shares of New Ceridian common stock; and

        WHEREAS, the Distribution Agreement provides that the Corporation and
New Ceridian shall enter into this Personnel Agreement.

        NOW, THEREFORE, in consideration of the mutual agreements, provisions
and covenants contained in this Personnel Agreement and in the Distribution
Agreement, the parties hereby agree as follows:

                                    ARTICLE I
                                   DEFINITIONS

1.1     GENERAL. As used in this Agreement, the following terms shall have the
meanings set forth below. Capitalized terms used but not defined in this
Agreement shall have the meanings set forth in the Distribution Agreement.

        (a)     "Arbitron Employee" means any employee, whether full-time,
        part-time or temporary, of the Corporation or any of its Subsidiaries,
        who, at the Effective Time, has employment duties principally related to
        the Media Information Business, including any such employee who is then
        on medical, non-medical or short-term disability leave of absence or
        absent from active employment due to occupational illness or injury
        covered by workers' compensation, who immediately prior to becoming an
        inactive employee had such employment duties, but excluding any such
        employee who is then an inactive employee receiving benefits under the
        Corporation's long-term disability insurance plan (or is determined to
        have been qualified for long-term disability insurance benefits at the
        Effective Time).

        (b)     "Arbitron Option" means any option to acquire common stock of
        the Corporation issued pursuant to any of the following plans, as in
        effect immediately prior to the Effective Time: Ceridian Corporation
        1990 Long-Term Incentive Plan; Ceridian Corporation 1993 Non-Employee
        Director Stock Plan; Ceridian Corporation 1993 Long-Term Incentive Plan;
        Ceridian Corporation 1994 Stock Option Plan; Ceridian Corporation 1996
        Director Performance Incentive Plan; Ceridian Corporation 1999 Stock
        Incentive Plan; Ceridian Corporation 2000 Director Performance Incentive
        Plan; Comdata Holdings Corporation Stock Option and Restricted Stock
        Purchase Plan; EAS

<PAGE>

        Technologies Stock Option Plan; ABR Information Services, Inc. Amended
        and Restated 1987 Stock Option Plan; ABR Information Services, Inc.
        Amended and Restated 1993 Stock Option Plan; ABR Information Services,
        Inc. 1977 Stock Option Plan; and ABR Information Services, Inc. 1996
        Non-Employee Director Stock Option Plan.

        (c)     "Benefit Arrangement" means each contract, agreement, policy,
        practice, plan, trust or arrangement, providing for benefits,
        perquisites or compensation of any nature to any current or former
        employee or other individual providing or who previously provided
        personal services, or to any family member, dependent, domestic partner
        or beneficiary with respect to any such current or former employee or
        other individual, other than a Pension Plan, a Welfare Plan, Current
        Compensation or a stock purchase plan intended to qualify under Code
        section 423 or any grant of restricted stock or stock options.

        (d)     "COBRA" means the Consolidated Omnibus Budget Reconciliation Act
        of 1985, as codified at Part 6 of Subtitle B of Title I of ERISA and at
        section 4980B of the Code.

        (e)     "Current Compensation" means cash compensation for the
        performance of services paid not later than the fifteenth day of the
        third calendar month after the end of the employer's taxable year during
        which the services are performed.

        (f)     "Effective Date" means January 1, 2001.

        (g)     "Employment Related Claim" means an Action for Indemnifiable
        Losses by or on behalf of any applicant for employment, employee, former
        employee or person claiming through or on behalf of any applicant for
        employment, employee or former employee, individually or in a class or
        group, that arises in connection with or relates to any aspect of the
        hiring process, the decision not to hire the applicant, the employee's
        or former employee's retention as an employee of a specified employer,
        the job assignment or performance of duties as such an employee, the
        terms or conditions of such employment, any accident, illness, injury or
        other harm of any nature arising in connection with or relating to such
        employment, or the termination of such employment. For purposes of this
        provision, the term "employee" shall include an individual who claims to
        have been a common-law employee, notwithstanding such individual's
        classification by the employer as an independent contractor or other
        non-employee.

        (h)     "ERISA" means the Employee Retirement Income Security Act of
        1974, as amended, and the Department of Labor regulations promulgated
        thereunder, including successor legislation.

        (i)     "Former Arbitron Employee" means any individual who, at the
        Effective Time, is a former employee of the Corporation or any of its
        Subsidiaries, or of a predecessor of any of them, who had employment
        duties principally related to the Media Information Business. An
        individual is a Former Arbitron Employee only with respect to a period
        or periods during which his or her employment duties related principally
        to the Media Information Business.

        (j)     "Former New Ceridian Employee" means any individual who, at the
        Effective Time, is a former employee of the Corporation or any of its
        Subsidiaries, or of a

                                       2

<PAGE>

        predecessor of any of them, other than a Former Arbitron Employee. An
        individual is a Former New Ceridian Employee only with respect to a
        period or periods with respect to which he or she would not be a Former
        Arbitron Employee.

        (k)     "New Ceridian Employee" means any employee, whether full-time,
        part-time or temporary, of the Corporation or any of its Subsidiaries,
        who is not an Arbitron Employee.

        (l)     "Pension Plan" means any plan, fund or program that provides
        benefits of the type described in section 3(2) of ERISA, whether or not
        such plan, fund or program is subject to the provisions of ERISA.

        (m)     "Welfare Plan" means any plan, fund or program that provides
        benefits of the type described in section 3(1) of ERISA, whether or not
        such plan, fund or program is subject to the provisions of ERISA, or
        that provides dependent care assistance, reimbursement of adoption
        costs, scholarships or reimbursement of education expenses, or that is a
        cafeteria plan under Code section 125.

                                   ARTICLE II
                                 GENERAL INTENT

2.1     EMPLOYEES. The parties intend that individuals who are Arbitron
Employees shall continue to be employees of the Corporation or its Subsidiaries
and that New Ceridian and its Subsidiaries shall have no Liability or
responsibility arising out of their employment with the Corporation, whether
before or after the Effective Time, except as otherwise expressly provided in
this Agreement. The parties intend that individuals who are New Ceridian
Employees shall transfer to employment with New Ceridian (or remain employed by
its Subsidiaries), and New Ceridian or its Subsidiaries shall assume all
Liabilities and responsibility arising out of their employment with the
Corporation or its Subsidiaries prior to the Effective Time, except as otherwise
expressly provided in this Agreement. The Corporation and its Subsidiaries shall
have no Liability or responsibility arising out of the employment of a New
Ceridian Employee or Former New Ceridian Employee with the Corporation or its
Subsidiaries, whether before or after the Effective Time, except as otherwise
expressly provided in this Agreement

2.2     BENEFITS. The parties intend that, except as otherwise expressly
provided in this Agreement, New Ceridian shall assume, before the Effective
Time, sponsorship of all Pension Plans, Welfare Plans and Benefit Arrangements
maintained by the Corporation and shall thereafter have all Liabilities and
responsibility for their administration and funding. The Corporation shall
establish such Pension Plans, Welfare Plans and Benefit Arrangements as are
provided in this Agreement and shall have all Liabilities and responsibility for
their sponsorship, administration and funding. The Corporation and its
Subsidiaries shall cease to be participating employers with respect to the
Pension Plans, Welfare Plans and Benefit Arrangements assumed by New Ceridian.

2.3     INDEMNIFIABLE LOSSES. The parties intend that, except as otherwise
expressly provided in this Agreement, the Corporation shall indemnify and hold
harmless the New Ceridian Indemnitees for all Indemnifiable Losses from
Employment Related Claims by any Arbitron

                                       3

<PAGE>

Employee, Former Arbitron Employee or applicant for employment with employment
duties principally related to the Media Information Business, and New Ceridian
shall indemnify and hold harmless the Media Information Indemnitees for all
Indemnifiable Losses from Employment Related Claims by any New Ceridian
Employee, Former New Ceridian Employee or applicant for employment with
employment duties not principally related to the Media Information Business.

                                   ARTICLE III
                                EMPLOYEE MATTERS

3.1     EMPLOYMENT.

        (a)     ACTIVE EMPLOYEES. At or before the Effective Time, New Ceridian
        shall, or shall cause its Subsidiaries to, employ or continue to employ
        each New Ceridian Employee who, at the time such action is taken, is
        actively employed. Any employment agreement between New Ceridian and
        such an employee shall (i) supersede any employment agreement between
        such employee and the Corporation and (ii) release the Media Information
        Indemnitees from all Liabilities and responsibility with respect to any
        Employment Related Claims arising prior to the Effective Time or in
        connection with the transactions contemplated by this Agreement or the
        Distribution Agreement. Any employment agreement between the Corporation
        and a New Ceridian Employee shall, as of the Effective Time and subject
        to any contrary provisions of such agreement, be deemed to be assigned
        to New Ceridian.

        (b)     LEAVE OF ABSENCE. Not later than the Effective Time, New
        Ceridian shall, or shall cause its Subsidiaries to, employ or continue
        to employ and continue the status of a New Ceridian Employee on approved
        medical, non-medical, short-term disability or long-term disability
        leave of absence as of the Effective Time and shall recall, reinstate or
        terminate the employment of any such employee in accordance with the New
        Ceridian policies in effect from time to time.

        (c)     EMPLOYEE SERVICES. Prior to the Effective Time, the Corporation
        shall furnish to New Ceridian such personnel as New Ceridian reasonably
        requires to conduct its business and maintain its properties. Any
        individual performing services for New Ceridian shall remain employed by
        the Corporation until such time as his or her transfer of employment
        under Section 3.1(a) is effected.

3.2     TERMINATIONS/LAYOFF/SEVERANCE. The Corporation and New Ceridian intend
that the transactions contemplated by this Agreement and the Distribution
Agreement shall not constitute a termination of employment of any New Ceridian
Employee or Arbitron Employee. New Ceridian Employees shall not be eligible for
any severance benefits as a result of their transfer to New Ceridian or its
Subsidiaries. Arbitron Employees shall not be eligible for any severance
benefits as a result of any transfer to Arbitron or its Subsidiaries. Subject to
the provisions of Section 7.2, New Ceridian shall be liable to pay any severance
benefits to which a Former New Ceridian Employee or a New Ceridian Employee is
entitled under the severance plan, if any, in effect with respect to the Former
New Ceridian Employee or New Ceridian Employee on the date his or her employment
terminates, whether before or after the Effective Time. Neither the Corporation
nor

                                       4
<PAGE>

any of its Subsidiaries shall have any responsibility to provide such
severance benefits, and New Ceridian shall indemnify and hold harmless the
Media Information Indemnitees from all Indemnifiable Losses arising from or
related to such severance plan. Commencing as of the Effective Date, the
Corporation shall be liable to pay any severance benefits to which a Former
Arbitron Employee or an Arbitron Employee is entitled under the severance
plan in effect with respect to the Former Arbitron Employee or Arbitron
Employee on the date his or her employment terminates, whether before or
after the Effective Date. Neither New Ceridian nor any of its Subsidiaries
shall have any responsibility to provide such severance benefits, and the
Corporation shall indemnify and hold harmless the New Ceridian Indemnitees
from all Indemnifiable Losses arising from or related to such severance plan.

3.3     WORKERS' COMPENSATION. Not later than the Effective Time, New
Ceridian shall, by assignment or otherwise, become the employer under the
Corporation's workers' compensation insurance policies, and the Corporation
shall obtain policies providing coverage required by law for Arbitron
Employees. The Corporation shall indemnify and hold harmless the New Ceridian
Indemnitees from all Indemnifiable Losses arising from Employment Related
Claims made by any Former Arbitron Employee or Arbitron Employee on account
of any illness or injury subject to workers' compensation incurred after the
Effective Time. Each party will cooperate with the other in resolving any
issues relating to workers' compensation claims and in implementing return to
work programs.

3.4     EMPLOYMENT SOLICITATION. For a period of twelve months following the
Effective Time, neither the Corporation nor New Ceridian may, and shall not
permit any of their Subsidiaries or the agents of any of them to, solicit or
recruit for employment any then current employee of the other company or its
Affiliates or Subsidiaries, without the prior written consent of the other
company. Nothing in this section shall be construed so as to (i) prohibit the
hiring by either company or its Affiliates or Subsidiaries of any employee of
the other who in good faith is believed to be actively seeking employment on his
or her own initiative without prior contact initiated by any employee or agent
of the company where employment is sought or (ii) prohibit the hiring of any
person who first applied for such employment in response to any public medium
advertising.

3.5     PERSONNEL RECORDS. All information and records regarding employment and
personnel matters of applicants for employment, New Ceridian Employees and
Former New Ceridian Employees shall be New Ceridian Assets, but the Corporation
shall have reasonable access to such records after the Distribution Date as
necessary for business and plan administration purposes. Each party shall
cooperate with the other in furnishing records and data in such party's
possession that are reasonably requested by such other party.

3.6     CONTRACTORS. Any contract or agreement with the Corporation under which
an individual performs services that are not principally related to the Media
Information Business will, effective as of the Effective Time and subject to any
contrary provisions of such agreement, be deemed to be amended to substitute New
Ceridian in place of the Corporation. New Ceridian shall indemnify and hold
harmless the Media Information Indemnitees from all Indemnifiable Losses related
to any such individual or to any person claiming through or on behalf of any
such individual. The Corporation shall indemnify and hold harmless the New
Ceridian Indemnitees from all Indemnifiable Losses related to any individual who
is a party to a contract or agreement

                                       5
<PAGE>

to perform services that are principally related to the Media Information
Business or to any person claiming through or on behalf of any such
individual.

                                   ARTICLE IV
                                  WELFARE PLANS

4.1     ASSUMPTION OF THE CORPORATION'S WELFARE PLANS BY NEW CERIDIAN. Except as
otherwise provided in this Agreement, New Ceridian shall, before the Effective
Time, assume the sponsorship of each of the Corporation's Welfare Plans, which
shall continue to be maintained for participating New Ceridian Employees and
Former New Ceridian Employees and, until immediately prior to the Effective
Date, for participating Arbitron Employees and Former Arbitron Employees. New
Ceridian or the designated officer or employee of New Ceridian shall succeed the
Corporation or its designated officer or employee as the plan administrator of
each such plan.

4.2     PLAN ASSETS. All assets of every Welfare Plan assumed by New
Ceridian, including any insurance rebates, refunds or distributions, whether
paid before or after the Effective Time, shall remain assets of such Plan. No
such assets shall become assets of the Welfare Plans adopted by the
Corporation. The trusteeship of each trust established in connection with a
Welfare Plan assumed by New Ceridian, including each trust qualified as a
voluntary employee beneficiary association under Code section 501(c)(9),
shall, at or before the Effective Time, be transferred to New Ceridian or to
a person designated by New Ceridian, which shall be substituted for the
Corporation as grantor.

4.3     TERMINATION OF PARTICIPATION BY THE CORPORATION. Except as otherwise
provided in this Agreement or as required by the terms of any Welfare Plan of
the Corporation or by COBRA or any comparable state law, not later than the
Effective Date, the Corporation shall cease to be a participating employer in
each Welfare Plan assumed by New Ceridian.

4.4     ACTIVE MEDICAL AND DENTAL PLANS. The Corporation shall establish,
effective as of the Effective Date, one or more group medical and dental plans,
affording coverage to all Arbitron Employees who, as of the Effective Time, are
eligible for coverage under the plans assumed by New Ceridian and who are
employed by the Corporation or any of its Subsidiaries on the Effective Date.
The Corporation's plans shall pay medical and dental benefits due with respect
to all claims incurred by such Arbitron Employees and their covered spouses,
domestic partners and dependents on or after the Effective Date. The New
Ceridian medical and dental plans shall pay benefits due with respect to all
claims incurred by Arbitron Employees and their covered spouses, domestic
partners and dependents prior to the Effective Date.

4.5     RETIREE MEDICAL PLANS. The Corporation shall establish, effective as
of the Effective Date, one or more group medical and dental plans that
provide coverage to employees of the Corporation or any of its Subsidiaries
who retire after the Effective Time and satisfy the conditions for coverage.
The retiree health care plans maintained by New Ceridian, as amended from
time to time, shall provide coverage to Former Arbitron Employees who satisfy
the conditions for coverage as amended from time to time and who terminated
employment with the Corporation and its Subsidiaries prior to the Effective
Time. No Arbitron Employee shall be eligible for coverage under the retiree
health plans maintained by New Ceridian other than coverage related to
employment with New Ceridian or its Subsidiaries after the Effective Time.

                                       6
<PAGE>

4.6     CAFETERIA PLAN. On the Effective Date, the Corporation shall have in
place a Code section 125 cafeteria plan that provides flexible spending accounts
for health care and dependent day care expenses and for pre-tax payment of
premiums for group medical and dental coverage and affords coverage to all
Arbitron Employees who, as of the Effective Time, are eligible for coverage
under the plans assumed by New Ceridian and who are employed by the Corporation
or any of its Subsidiaries on the Effective Date. The Corporation shall pay all
benefits due with respect to claims for eligible expenses incurred with respect
to such Arbitron Employees on or after the Effective Date. New Ceridian shall
pay all benefits due with respect to claims made under the cafeteria plan
assumed by New Ceridian for eligible expenses incurred prior to the Effective
Date.

4.7     DISABILITY PLANS. On the Effective Date, the Corporation shall have in
place short- and long-term disability plans, in which Arbitron Employees covered
by the disability plans assumed by New Ceridian and who are employed by the
Corporation or any of its Subsidiaries at the Effective Time shall be
immediately eligible to participate, including one or more plans providing
disability benefits substantially equivalent to those provided under the
Corporation's executive disability benefit plan. The Corporation shall use
reasonable good faith efforts to provide that any preexisting condition
exclusions and limitations otherwise applicable to such plans shall be waived
with respect to such Arbitron Employees except to the extent such exclusions and
limitations would have been applied under the corresponding New Ceridian plan if
the employee had been employed by New Ceridian. The Corporation's disability
plans shall provide benefits due to eligible Arbitron Employees from and after
the Effective Time.

4.8     LIFE INSURANCE PLANS. On the Effective Date, the Corporation shall have
in place life, business travel accident, spouse and dependent life, and
accidental death and dismemberment insurance plans, affording coverage to all
Arbitron Employees who, as of the Effective Time, are eligible for coverage
under the corresponding plans assumed by New Ceridian and who are employed by
the Corporation or any of its Subsidiaries at the Effective Date . The
Corporation shall use reasonable good faith efforts to cause any preexisting
condition exclusions and limitations otherwise applicable to such plans to be
waived with respect to such Arbitron Employees except to the extent such
exclusions and limitations would have been applied under the corresponding New
Ceridian plan if the employee had been employed by New Ceridian. If any Arbitron
Employee is entitled to any continuation or conversion option under any such
plan assumed by New Ceridian, the Corporation shall reimburse New Ceridian for
any costs it incurs in providing such conversion or continuation after the
Effective Date.

4.9     SEVERANCE PLANS. On the Effective Date, the Corporation shall have in
place a severance plan affording coverage to all Arbitron Employees and Former
Arbitron Employees who, as of the Effective Time, are eligible for coverage or
benefits under the corresponding plan assumed by New Ceridian. For any Arbitron
Employee whose employment terminates within six months following the Effective
Date, the plan shall provide a benefit at least equivalent to the benefit to
which such person would have been entitled under the plan assumed by New
Ceridian, and the Liability for such benefits shall be retained by the
Corporation.

4.10    TUITION ASSISTANCE PLAN. As of the Effective Time, each business unit of
New Ceridian shall continue the tuition assistance plan that was in effect for
employees of such business unit immediately before the Effective Time. New
Ceridian shall have full responsibility for all

                                       7
<PAGE>

benefits due with respect to tuition assistance benefits to New Ceridian
Employees that are payable on or after the Effective Time. The Corporation shall
retain the Liability for tuition assistance benefits due to Arbitron Employees
under the Corporation's tuition assistance plan as amended from time to time.

4.11    SCHOLARSHIP PROGRAM. As of the Effective Time, New Ceridian shall have
in place a scholarship program that is substantially the same as the scholarship
program funded by the Corporation. New Ceridian shall assume the responsibility
to provide the scholarships previously awarded under the Corporation's program
to individuals who are related to New Ceridian Employees and Former New Ceridian
Employees. The Corporation shall retain the responsibility to provide
scholarships awarded under the Corporation's program to individuals who are
related to Arbitron Employees and Former Arbitron Employees.

4.12    ADOPTION ASSISTANCE. As of the Effective Time, New Ceridian shall have
in place an adoption assistance program that is substantially the same as the
adoption assistance program funded by the Corporation. New Ceridian shall assume
the responsibility to provide all adoption benefits payable under the program,
as it may be amended from time to time, to New Ceridian Employees on and after
the Effective Time, including any such benefits due with respect to adoptions
completed prior to the Effective Time. The Corporation shall retain the
responsibility to provide the adoption benefits payable under the Corporation's
program, as amended from time to time, to Arbitron Employees.

4.13    WELFARE PLAN LIABILITIES.

        (a)     NEW CERIDIAN LIABILITIES. Not later than the Effective Time,
        except as expressly provided otherwise in this ARTICLE IV, New Ceridian
        shall assume and be solely responsible for all employer Liabilities
        arising under or in connection with the Welfare Plans maintained prior
        to the Effective Time by the Corporation or New Ceridian or any of their
        Subsidiaries, including such Liabilities relating to actions or
        omissions of or by the Corporation or any officer, director, employee or
        agent of the Corporation, or fiduciary or agent of such Welfare Plan,
        prior to the Effective Time.

        (b)     CORPORATION LIABILITIES. The Corporation shall assume
        responsibility for employer Liabilities under its Welfare Plans arising
        on and after the Effective Date, including such Liabilities relating to
        actions or omissions of or by the Corporation or any officer, director,
        employee or agent of the Corporation, or fiduciary or agent of such
        Welfare Plan, with respect to the following persons:

                (i)     CURRENT EMPLOYEES AND DEPENDENTS. (A) Any individual who
                is or becomes an employee of the Corporation or any of its
                Subsidiaries on or after the Effective Time, (B) any Arbitron
                Employee employed on or after the Effective Date and (C) any
                other person entitled to coverage under any Welfare Plan
                maintained by the Corporation on or after the Effective Date by
                reason of his or her relationship to an individual described in
                (A) or (B).

                (ii)    FORMER EMPLOYEES. Any Former Arbitron Employee eligible
                for COBRA or other continuation coverage under any Welfare Plan
                whose election for such

                                       8
<PAGE>

                coverage is not received by the Corporation or its agent prior
                to the Effective Time, which coverage shall be provided under
                the corresponding Welfare Plan adopted by the Corporation.

                (iii)   DEPENDENTS. Any former spouse or dependent of an
                Arbitron Employee or Former Arbitron Employee eligible for COBRA
                or other continuation coverage under any Welfare Plan whose
                election for such coverage is not received by the Corporation or
                its agent prior to the Effective Time, which coverage shall be
                provided under the corresponding Welfare Plan adopted by the
                Corporation.

                (iv)    INACTIVE EMPLOYEES. Any Arbitron Employee who is an
                inactive employee on medical, non-medical, or short-term
                disability leave of absence or absent from active employment due
                to occupational illness or injury covered by workers'
                compensation and entitled to participate any Welfare Plan, which
                participation shall be transferred to the corresponding Welfare
                Plan adopted by the Corporation.

        (c)     INSURANCE POLICIES. To the extent that New Ceridian assumes
        sponsorship of any Welfare Plan or Benefit Arrangement that is, in whole
        or in part, funded through an insurance policy, the Corporation shall
        assign all of its rights under such policy to New Ceridian as of the
        Effective Time. Any such assignment not completed on or before the
        Effective Time shall, when completed, be deemed to have been effective
        as of the Effective Time.

                                    ARTICLE V
                     CURRENT CASH COMPENSATION, STOCK-BASED
                      COMPENSATION AND BENEFIT ARRANGEMENTS

5.1     CESSATION OF PARTICIPATION IN THE CORPORATION'S BENEFIT ARRANGEMENTS.
Except as otherwise provided in this Agreement or as required by the terms of
any of the Corporation's Benefit Arrangements, New Ceridian Employees'
participation in the Corporation's Benefit Arrangements will cease as of the
Distribution Date.

5.2     ASSUMPTION OF CERTAIN EMPLOYEE RELATED OBLIGATIONS. Effective as of the
Effective Time, New Ceridian shall assume and the Corporation shall have no
further Liability for:

        (a)     Current Cash Compensation due to any New Ceridian Employee or
        Former New Ceridian Employee; and

        (b)     All Liabilities and obligations whatsoever with respect to
        claims made by or with respect to New Ceridian Employees or Former New
        Ceridian Employees relating to Benefit Arrangements and not otherwise
        provided for in this Agreement or the Distribution Agreement, including
        such Liabilities relating to actions or omissions of or by the
        Corporation or any officer, director, employee or agent of the
        Corporation prior to the Effective Time.

5.3     NEW CERIDIAN STOCK OPTION PLANS. Before the Effective Time, New Ceridian
shall adopt one or more stock option plans pursuant to which employees,
non-employee directors,

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<PAGE>

consultants and independent contractors of New Ceridian and its Subsidiaries may
be granted options to purchase shares of New Ceridian Stock ("New Ceridian
Option Plan"). The Arbitron Options held by (i) New Ceridian Employees, (ii) the
non-employee directors who will become non-employee directors of New Ceridian
following the transactions contemplated by the Distribution Agreement, and (iii)
consultants and independent contractors of New Ceridian shall be exercised or
converted as follows:

        (a)     To the extent any Arbitron Option held by a New Ceridian
        Employee is exercisable as of the Effective Time, it shall continue to
        be exercisable after the Effective Time in accordance with the
        applicable plan, treating the transfer of employment to New Ceridian as
        a termination of employment for purposes of the plan, and the number of
        shares and exercise price underlying such Arbitron Option shall be
        determined as provided in Section 5.4 below. Any New Ceridian Employee
        who holds a Arbitron Option exercisable in whole or in part as of the
        Effective Time may instead elect, prior to the record date for the
        Distribution, to cancel the exercisable portion of such option and
        receive in its place an option to acquire New Ceridian common stock
        under the New Ceridian Option Plan, the number of shares and exercise
        price to be determined as provided in Section 5.3(b) below.

        (b)     To the extent any Arbitron Option held by a New Ceridian
        Employee is not exercisable as of the Effective Time, the
        non-exercisable portion of such Arbitron Option shall be exchanged for
        an option to purchase shares of New Ceridian common stock in accordance
        with the following rules.

                (i)     The price to be paid for each share of New Ceridian
                common stock under the new option ("New Ceridian Exercise
                Price") shall be equal to the Post-Distribution Price of New
                Ceridian Stock multiplied by the Conversion Ratio and rounded
                downward to the nearest whole cent.

                (ii)    The number of shares of New Ceridian common stock to be
                covered by the options issued in the exchange shall be equal to:
                the number of shares covered by the cancelled Arbitron Option;
                multiplied by the exercise price of the cancelled Arbitron
                Option; divided by the New Ceridian Exercise Price; and rounded
                upwards to the nearest full share.

                (iii)   If any Arbitron Option provides for vesting based on
                performance criteria that includes exceeding a specified stock
                trading price for a specified period, the performance criteria
                in the replacement award will be adjusted to prevent dilution or
                enlargement of the rights of the option holder.

                (iv)    The replacement awards to be made under the New Ceridian
                option plans shall contain the same terms and conditions as the
                Arbitron Options for which they were substituted, and shall be
                made in accordance with section 424 of the Code, the Treasury
                Regulations issued pursuant thereto, and the FASB Emerging
                Issues Task Force Issue 90-9 so as to avoid improving the
                economic position of the option holder and additional
                compensation expense. The stock option plans adopted by New
                Ceridian shall be administered so as to avoid adversely
                affecting

                                       10
<PAGE>

                any rights of a New Ceridian Employee under the terms of the
                plan under which the Arbitron Option was granted.

5.4     CORPORATION STOCK OPTION PLANS. The Corporation shall continue in effect
each stock option plan under which any person holds an outstanding option to
purchase shares of the Corporation's common stock after the Effective Time.
Except as otherwise provided in Section 5.5, each Arbitron Option held by a
person other than a New Ceridian Employee or a New Ceridian director, consultant
or independent contractor, whether or not exercisable as of the Effective Time,
shall be adjusted in accordance with the following rules.

        (a)     The price to be paid for each share of Arbitron common stock
        under the option shall be equal to the Post-Distribution Price of
        Arbitron Stock multiplied by the Conversion Ratio and rounded downward
        to the nearest whole cent.

        (b)     The number of shares of Arbitron common stock to be issued in
        the exchange shall be equal to: the number of shares covered by the
        existing Arbitron Option (prior to any adjustment under the plans for
        the contemplated reverse stock split); multiplied by the
        Pre-Distribution Price of the Corporation's Stock; divided by the
        Post-Distribution Price of Arbitron Stock; and rounded upwards to the
        nearest full share.

        (c)     If any Arbitron Option provides for vesting based on performance
        criteria that includes exceeding a specified stock trading price for a
        specified period, the performance criteria in the replacement award will
        be adjusted to prevent dilution or enlargement of the rights of the
        option holder.

5.5     RETIREE AND DECEDENT OPTIONS. Any Arbitron Option held by a (i) Former
Arbitron Employee or Former New Ceridian Employee who was entitled to continue
benefits as a retired employee of the Corporation following his or her
termination of employment, (ii) by the successors of an individual who is
deceased, (iii) by a former director of ABR Information Services, Inc., or (iv)
a former employee of the Corporation who is currently employed by IBM Global
Services shall, notwithstanding the preceding provisions of this article, be
converted to separate options to purchase common stock of Arbitron and New
Ceridian as follows:

        (a)     The option plan of New Ceridian shall grant options to the
        option holder to purchase the same number of shares as were outstanding
        under the Arbitron Option immediately prior to the Effective Time. The
        Arbitron Option held by the optionee shall be converted into an option
        to purchase a number of shares of Arbitron common stock equal to the
        number of shares that were outstanding under the Arbitron Option
        immediately prior to the Effective Time adjusted pursuant to the terms
        of the option plan for the contemplated reverse stock split, and then
        rounded upwards to the nearest full share.

        (b)     The exercise price for a share of New Ceridian stock under the
        New Ceridian option plan shall equal the product of (i) the Conversion
        Ratio multiplied by (ii) the Pre-Distribution Price of the Corporation's
        Stock less the quotient of Post-Distribution Price of Arbitron Stock
        divided by the number of shares of Arbitron common stock as of the
        Effective Time that are equivalent to one share of Arbitron common stock
        immediately

                                       11
<PAGE>

        following the contemplated reverse stock split, rounded downward to the
        nearest whole cent.

        (c)     The exercise price for a share of Arbitron stock under the
        revised Arbitron Option plan shall equal the product of (i) the
        Conversion Ratio multiplied by (ii) the Post-Distribution Price of
        Arbitron Stock, rounded downward to the nearest whole cent.

        (d)     The replacement awards to be made under the New
        Ceridian option plans shall contain the same terms and conditions as
        the Arbitron Options for which they were substituted, and shall be
        made in accordance with section 424 of the Code, the Treasury
        Regulations issued pursuant thereto, and the FASB Emerging Issues
        Task Force Issue 90-9 so as to avoid improving the economic position
        of the option holder and additional compensation expense. The stock
        option plans adopted by New Ceridian shall be administered so as to
        avoid adversely affecting any rights of an option holder under the
        terms of the plan under which the Arbitron Option was granted.

5.6     OPTION DEFINITIONS. For purposes of this Article,

        (a)     The "Pre-Distribution Price of the Corporation's Stock" shall be
        the average of the arithmetic mean between the highest and lowest sales
        prices per share of the Corporation's common stock on the New York Stock
        Exchange Composite Tape on each of the five trading days prior to the
        first day on which there is trading in New Ceridian's common stock.

        (b)     The "Post-Distribution Price of New Ceridian Stock" shall be the
        average of the arithmetic mean between the highest and lowest sales
        prices per share of New Ceridian's common stock on the New York Stock
        Exchange Composite Tape on each of the five trading days beginning with
        the sixth day on which there is trading in New Ceridian's common stock.

        (c)     The "Post-Distribution Price of Arbitron Stock" shall be the
        average of the arithmetic mean between the highest and lowest sales
        prices per share of Arbitron's common stock on the New York Stock
        Exchange Composite Tape on each of the five trading days beginning with
        the sixth day on which there is trading in New Ceridian's common stock.

        (d)     The "Conversion Ratio" is the quotient of the exercise price of
        the Arbitron Option being converted divided by the Pre-Distribution
        Price of the Corporation's Stock.

5.7     RESTRICTED STOCK. Before the Effective Time, New Ceridian shall
establish a restricted stock plan that will benefit the New Ceridian Employees
and the members of the board of directors of New Ceridian who, as of the
Effective Time, hold restricted stock under one or more restricted stock plans
of the Corporation. New Ceridian shall, to the extent that the cessation of
employment or of a directorship with the Corporation at the Effective Time
causes the forfeiture of any such restricted stock, provide for the distribution
of shares of New Ceridian common stock to the affected persons, subject to the
same restrictions to which the forfeited stock was subject, under the new
restricted stock plan. Such New Ceridian common stock shall have a value equal
to the value of the forfeited stock, determined in a manner similar to that used
with respect to New Ceridian stock options under Section 5.3. To the extent that
any restricted stock of the Corporation held by a New Ceridian Employee or a
member of the Board of Directors of New Ceridian would vest if such person's
employment with or directorship of the Corporation continued until December 31,
2000, it shall become fully vested at the Effective Time notwithstanding the
cessation of such employment or directorship.

5.8     EMPLOYEE STOCK PURCHASE PLAN. New Ceridian Employees shall become
ineligible to participate in the Corporation's employee stock purchase plan upon
completion of the last purchase under such plan prior to the Distribution Date.
Any amount deducted from a

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<PAGE>

participant's pay that has not been applied to a purchase prior to the
Distribution Date will be returned to the participant. Shares of the
Corporation's common stock purchased by New Ceridian Employees under the plan
will be treated in the same manner as other shares issued and outstanding on the
Distribution Date.

5.9     SAVE AS YOU EARN PLAN. The Ceridian Corporation Savings-Related Share
Option Plan ("SAYE Plan") is a plan that has been approved by Inland Revenue in
the United Kingdom under the "save as you earn" scheme for certain employees of
the Corporation's subsidiaries in the United Kingdom. It is anticipated that, at
the Effective Time, the employees of the Corporation's human resource services
businesses and subsidiaries who are participants in the SAYE Plan will cease to
be associated with the Corporation. As of the Effective Time, New Ceridian's
United Kingdom subsidiaries shall assume all Liabilities for benefits under the
SAYE Plan for such participants, and the Corporation shall cease to have any
responsibility for any claim under the SAYE Plan related to such participants.
New Ceridian's United Kingdom subsidiaries intend to seek approval of Inland
Revenue in the United Kingdom of a new plan under the "save as you earn" scheme
for the benefit of the employees of New Ceridian's United Kingdom subsidiaries
and to provide additional supplemental benefits to SAYE Plan participants who
have suffered a loss under the SAYE Plan on account of the transfer of
employment or the Distribution.

5.10    ACCRUED PERSONAL DAYS OFF AND SICK LEAVE. New Ceridian shall recognize
and assume all Liability for personal days off and sick leave accrued by New
Ceridian Employees as of the Effective Time. New Ceridian shall credit each New
Ceridian Employee with such personal days off accrual and with any sick leave
reserve for such employee under the Corporation's prior sick leave program.

5.11    PAST SERVICE CREDIT. New Ceridian shall credit New Ceridian Employees
with all years of service with the Corporation and its Affiliates and
predecessors for all purposes relating to New Ceridian's Benefit Arrangements as
if such service were service for New Ceridian.

                                   ARTICLE VI
                                  PENSION PLANS

6.1     ASSUMPTION OF RETIREMENT PLAN. Not later than the Effective Time, New
Ceridian shall assume the sponsorship of the Ceridian Corporation Retirement
Plan (the "Ceridian Retirement Plan"). Except as otherwise provided in Section
6.2, as of the effective date of such assumption of sponsorship, New Ceridian
shall assume and be solely responsible for all employer Liabilities arising from
or related to the Ceridian Retirement Plan and the trust created for the purpose
of implementing benefits under the Ceridian Retirement Plan (the "Ceridian
Retirement Trust") and their administration and funding, including such
Liabilities relating to actions or omissions of or by the Corporation or any
officer, director, employee or agent of the Corporation, or fiduciary or agent
of the Ceridian Retirement Plan or Ceridian Retirement Trust, prior to the
Effective Time. The Corporation shall remit to the trustee of the Ceridian
Retirement Trust all participant contributions, whether pre-tax or after-tax,
due under the Ceridian Retirement Plan for (i) Arbitron Employees, (ii) Former
Arbitron Employees and (iii) Disabled Arbitron Employees, as defined in Section
7.2, with respect to payroll periods ending before the Effective Date.

                                       13
<PAGE>

6.2     SPINOFF OF THE ARBITRON RETIREMENT PLAN. The Corporation shall, on or
before, and effective as of, the Effective Date, establish a defined benefit
Pension Plan qualified under section 401(a) of the Code (the "Arbitron
Retirement Plan") and create a trust for the purpose of implementing benefits
under the Arbitron Retirement Plan (the "Arbitron Retirement Trust").

        (a)     The Corporation shall assume and be solely responsible for all
        employer Liabilities arising from or related to the Arbitron Retirement
        Plan and Arbitron Retirement Trust and their administration and funding,
        including such Liabilities relating to (i) benefits earned under the
        Ceridian Retirement Plan by any Spun-off Participant, as defined in
        Section 6.2(b) prior to the Effective Date and (ii) actions or omissions
        of or by New Ceridian, the Corporation or any officer, director,
        employee or agent of either New Ceridian or the Corporation or any
        fiduciary or agent of either the Ceridian Retirement Plan or the
        Ceridian Retirement Trust, prior to the Effective Date, affecting any
        Spun-off Participant or any person claiming by, through or on behalf
        of any Spun-off Participant.

        (b)     As of the Effective Date, the Arbitron Retirement Plan shall
        assume and be solely responsible for all Liabilities under the Ceridian
        Retirement Plan related to any Arbitron Employee who is employed by the
        Corporation or one of its Subsidiaries on the Effective Date (a
        "Spun-off Participant") or any person claiming by, through or on behalf
        of any Spun-off Participant, other than Liabilities related to a Spun-
        off Participant's employment with New Ceridian or one of its
        Subsidiaries on or after the Effective Date. The Ceridian Retirement
        Plan shall retain and be solely responsible for all Liabilities under
        the Ceridian Retirement Plan for (i) Arbitron Employees who terminate
        employment with Arbitron and its Subsidiaries prior to the Effective
        Date, (ii) Former Arbitron Employees and (iii) Disabled Arbitron
        Employees, as defined in Section 7.2, and (iv) any person claiming
        by, through or on behalf of an individual described in item (i), (ii)
        or (iii).

        (c)     On or as soon as administratively practicable after the first
        business day following the Effective Date, New Ceridian shall cause the
        trustee of the Ceridian Retirement Trust to transfer to the trustee of
        the Arbitron Retirement Trust, by wire transfer of immediately available
        funds, an amount equal to 80 percent of the present value of the
        aggregate accrued benefits (whether or not vested) of the Spun-off
        Participants under the Ceridian Retirement Plan as of December 31, 2000,
        based on a good faith estimate of the Ceridian Retirement Plan's
        actuary. For this purpose, present value shall be determined using the
        following actuarial assumptions:

                (i)     If the spin-off contemplated by this Section 6.2(c) is
                de minimus, within the meaning of Treasury Regulation Section
                1.414(l)-1(n)(2), using the actuarial assumptions that would be
                used by the Pension Benefit Guaranty Corporation as of December
                31, 2000, present value shall be determined using the actuarial
                assumptions that would be used by the Pension Benefit Guaranty
                Corporation as of December 31, 2000; or

                (ii)    If clause (i) is not applicable, present value shall be
                determined using reasonable actuarial assumptions selected by
                the Ceridian Retirement Plan's actuary.

        (d)     As soon as administratively practicable after the Effective
        Date, New Ceridian shall cause the Ceridian Retirement Plan's actuary to
        determine the present value of the

                                       14
<PAGE>

        aggregate accrued benefits (whether or not vested) of the Spun-off
        Participants under the Ceridian Retirement Plan as of December 31, 2000.
        Such determination shall be made using the same actuarial assumptions
        that were used to make the estimate pursuant to Section 6.2(c), and
        shall be binding on New Ceridian, the Ceridian Retirement Plan, the
        Ceridian Retirement Trust, the Corporation, the Arbitron Retirement
        Plan, the Arbitron Retirement Trust and all other interested persons.

        (e)     If the amount determined pursuant to Section 6.2(d) exceeds the
        amount transferred pursuant to Section 6.2(c), as soon as
        administratively practicable following its receipt of the Ceridian
        Retirement Plan actuary's determination pursuant to Section 6.2(d), New
        Ceridian shall cause the trustee of the Ceridian Retirement Trust to
        transfer to the trustee of the Arbitron Retirement Trust, by wire
        transfer of immediately available funds, the amount by which the amount
        determined pursuant to Section 6.2(d) exceeds the amount transferred
        pursuant to Section 6.2(c), together with interest on the difference for
        the period beginning on the date of the transfer pursuant to Section
        6.2(c) and ending on the date of the transfer pursuant to this Section
        6.2(e) at the rate of eight percent per year (based on a 365 day year),
        compounded annually.

        (f)     If the amount determined pursuant to Section 6.2(d) is less than
        the amount transferred pursuant to Section 6.2(c), as soon as
        administratively practicable following its receipt of the Ceridian
        Retirement Plan actuary's determination pursuant to Section 6.2(d), the
        Corporation shall cause the trustee of the Arbitron Retirement Trust to
        transfer to the trustee of the Ceridian Retirement Trust, by wire
        transfer of immediately available funds, the amount by which the amount
        transferred pursuant to Section 6.2(c) exceeds the amount determined
        pursuant to Section 6.2(d), together with interest on the difference for
        the period beginning on the date of the transfer pursuant to Section
        6.2(c) and ending on the date of the transfer pursuant to this Section
        6.2(f) at the rate of eight percent per year (based on a 365 day year),
        compounded annually.

        (g)     The Arbitron Retirement Plan (i) shall provide for immediate
        participation by each Spun-off Participant, (ii) shall protect benefits,
        rights and features of Spun-off Participants under the Ceridian
        Retirement Plan as of December 31, 2000 to the extent required to
        satisfy requirements applicable to a defined benefit Pension Plan
        qualified under Code section 401(a), (iii) shall not, as of the
        Effective Date, provide for a significant decrease in the rate of future
        benefit accruals, within the meaning of ERISA section 204(h), for any
        Spun-off Participant as compared to the rate of future benefit accruals
        in effect under the Ceridian Retirement Plan as of December 31, 2000 and
        (iv) shall reflect the provisions of Section 7.2(c).

        (h)     During the "remedial amendment period," within the meaning of
        Code section 401(b), applicable in connection with the adoption of the
        Arbitron Retirement Plan, the Corporation shall submit a determination
        letter request to the Internal Revenue Service with respect to the
        Arbitron Retirement Plan and shall timely make any changes to the form
        or operation of the Arbitron Retirement Plan as may be required by the
        Internal Revenue Service to obtain a determination letter from the
        Internal Revenue Service that the Arbitron Retirement Plan, as adopted
        by the Corporation, satisfies the qualification

                                       15
<PAGE>

        requirements of Code section 401(a) and the Arbitron Retirement Trust is
        exempt from federal income tax pursuant to Code section 501(a).

        (i)     The Corporation shall, and shall cause the Arbitron Retirement
        Plan and the trustee of the Arbitron Retirement Trust, to cooperate in
        the timely implementation of any corrections determined by New Ceridian
        to be advisable in connection with any Employee Plans Compliance
        Resolution Systems (within the meaning of Revenue Procedure 2000-16) or
        Voluntary Fiduciary Correction Program submission or self-correction
        pending with respect to the Ceridian Retirement Plan as of the Effective
        Time.

        (j)     The Arbitron Retirement Plan shall be a continuation of the
        Ceridian Retirement Plan as to the Spun-off Participants and the
        transfer of assets and liabilities from the Ceridian Retirement Plan to
        the Arbitron Retirement Plan pursuant to this Agreement shall not be
        deemed a termination or partial termination of the Ceridian Retirement
        Plan.

6.3     ASSUMPTION OF BENEFIT EQUALIZATION PLAN. Not later than the Effective
Time, New Ceridian shall assume the sponsorship of the Ceridian Corporation
Benefit Equalization Plan (the "Ceridian Benefit Equalization Plan"). Except as
otherwise provided in Section 6.4, as of the effective date of such assumption
of sponsorship, New Ceridian shall assume and be solely responsible for all
employer Liabilities arising from or related to the Ceridian Benefit
Equalization Plan and its administration, including such Liabilities relating to
actions or omissions of or by the Corporation or any officer, director, employee
or agent of the Corporation prior to the Effective Time.

6.4     SPINOFF OF ARBITRON BENEFIT EQUALIZATION PLAN. The Corporation shall, on
or before, and effective as of, the Effective Date, establish a nonqualified
Pension Plan (the "Arbitron Benefit Equalization Plan") that is substantially
similar to the Ceridian Benefit Equalization Plan for the benefit of Arbitron
Employees who are eligible to participate in the Arbitron Retirement Plan and
create a trust (the "Arbitron Benefit Protection Trust") that is substantially
similar to the Ceridian Corporation Benefit Protection Trust.

        (a)     The Corporation shall assume and be solely responsible for all
        employer Liabilities arising from or related to the Arbitron Benefit
        Equalization Plan and Arbitron Benefit Protection Trust and their
        administration, including such Liabilities relating to (i) benefits
        earned under the Ceridian Benefit Equalization Plan by any Spun-off
        Participant, as defined in Section 6.2 (b), prior to the Effective Date
        and (ii) actions or omissions of or by New Ceridian, the Corporation or
        any officer, director, employee or agent of either New Ceridian or the
        Corporation, prior to the Effective Date, affecting any Spun-off
        Particpant or any person claiming by, through or on behalf of any
        Spun-off Participant.

        (b)     The Arbitron Benefit Protection Trust shall (i) be a grantor
        trust of which the Corporation and, if applicable, its Subsidiaries, are
        treated as grantors, within the meaning of subpart E, part I, subchapter
        J, chapter 1, subtitle A of the Code, (ii) be an unfunded arrangement
        that does not affect the status of the Arbitron Benefit Equalization
        Plan or any other plan for which the Arbitron Benefit Protection Trust
        provides a source of funds for paying benefits as an unfunded plan for
        purposes of the Code and ERISA and (iii) constitute a successor trust
        that satisfies the conditions specified in Section 2.7 of

                                       16
<PAGE>

        the Ceridian Corporation Benefit Protection Trust Agreement such that
        the transfer of assets from the Ceridian Corporation Benefit Protection
        Trust to the Arbitron Benefit Protection Trust contemplated by this
        Section 6.4 may be effected.

        (c)     As of the Effective Date, the Corporation shall assume and be
        solely responsible for all Liabilities under the Ceridian Benefit
        Equalization Plan related to any Spun-off Participant or any person
        claiming by, through or on behalf of any Spun-off Participant, as
        defined in Section 6.2(b), other than Liabilities related to a Spun-off
        Participant's employment with New Ceridian or one of its Subsidiaries on
        or after the Effective Date. New Ceridian shall retain and be solely
        responsible for all Liabilities under the Ceridian Benefit Equalization
        Plan for (i) Arbitron Employees who terminate employment with Arbitron
        and its Subsidiaries prior to the Effective Date, (ii) Former Arbitron
        Employees and (iii) Disabled Arbitron Employees, as defined in Section
        7.2 or any person claiming by, through or on behalf of any individual
        described in item (i), (ii) or (iii).

        (d)     On or as soon as administratively practicable after the first
        business day following the Effective Date, New Ceridian shall cause the
        trustee of the Ceridian Corporation Benefit Protection Trust to transfer
        to the trustee of the Arbitron Benefit Protection Trust, by wire
        transfer of immediately available funds, an amount equal to the
        aggregate fair market value as of December 31, 2000 of the portion of
        the assets of the Ceridian Corporation Benefit Protection Trust
        attributable to the Ceridian Benefit Equalization Plan, as determined in
        good faith by the trustee of the Ceridian Corporation Benefit Protection
        Trust, multiplied by a fraction, the numerator of which is the projected
        benefit obligations under the Ceridian Benefit Equalization Plan as of
        December 31, 2000 with respect to the Spun-off Participants and the
        denominator of which is the projected benefit obligations under the
        Ceridian Benefit Equalization Plan as of December 31, 2000 with respect
        to all participants who terminate employment or die after December 1,
        1994, in each case as such projected benefit obligations are determined
        by the Ceridian Benefit Equalization Plan's actuary using the same
        assumptions as are used to prepare the fiscal 2000 year end disclosure
        information for the Corporation's financial statements.

6.5     ASSUMPTION OF 401(k) PLANS. Not later than the Effective Time, New
Ceridian shall assume the sponsorship of the Ceridian Corporation Personal
Investment Plan ("PIP") and the Ceridian Corporation Savings and Investment Plan
("SIP") (collectively the PIP and the SIP are sometimes referred to as the
"Ceridian 401(k) Plans"). Except as otherwise provided in Section 6.6, New
Ceridian shall assume and thereafter be solely responsible for all employer
Liabilities arising from or related to the Ceridian 401(k) Plans and their
related trusts and their administration and funding, including such Liabilities
relating to actions or omissions of or by the Corporation or any officer,
director, employee or agent of the Corporation, or fiduciary or agent of the PIP
trust or the SIP trust, prior to the Effective Time. The Corporation shall make
all contributions due under the Ceridian 401(k) Plans for (i) Arbitron
Employees, (ii) Former Arbitron Employees and (iii) Disabled Arbitron Employees,
as defined in Section 7.2, with respect to payroll periods ending before the
Effective Date, including all basic matching contributions and performance-based
matching contributions, if any, due for the 2000 plan year; provided that any
such contribution that is made following the transfer of assets and liabilities
to the Arbitron 401(k) Plan established pursuant to Section 6.6 may be made
directly to the Arbitron 401(k) Plan. Prior to such transfer of assets and
liabilities, the Corporation shall continue to collect by payroll deduction
amounts payable by Arbitron Employees with respect to loans from the Ceridian
401(k) Plans and shall remit such amounts directly to the PIP trustee or

                                       17
<PAGE>

the SIP trustee, as the case may be, with such information as the trustee may
require to allocate such payments properly.

6.6     SPINOFF OF ARBITRON 401(k) PLAN. The Corporation shall, on or before,
and effective as of, the Effective Date establish a savings plan qualified under
section 401(a) and 401(k) of the Code (the "Arbitron 401(k) Plan").

        (a)     The Corporation shall assume and thereafter be solely
        responsible for all employer Liabilities arising from or related to the
        participation in the PIP or the SIP of any Arbitron Employee or Former
        Arbitron Employee and the Arbitron 401(k) Plan and its related trust and
        their administration and funding, including such Liabilities relating to
        (i) benefits under the PIP or SIP earned by or paid to any Arbitron
        Employee or Former Arbitron Employee and (ii) actions or omissions of or
        by New Ceridian, the Corporation or any officer, director, employee or
        agent of either New Ceridian or the Corporation or any fiduciary or
        agent of the Ceridian 401(k) Plans or their related trusts, prior to the
        Effective Date, affecting any Arbitron Employee, Former Arbitron
        Employee or any person claiming by, through or on behalf of any Arbitron
        Employee or Former Arbitron Employee.

        (b)     On the Effective Date Arbitron Employees who are participants in
        the PIP or the SIP shall cease active participation in such plan.

        (c)     The Arbitron 401(k) Plan shall contain provisions that permit a
        trust-to-trust transfer of account balances of Arbitron Employees and
        Former Arbitron Employees from the Ceridian 401(k) Plans to the Arbitron
        401(k) Plan in accordance with applicable law and that provide for any
        optional form of benefit or other benefit provided under the Ceridian
        401(k) Plans that is required to be preserved under section 411(d)(6) of
        the Code.

        (d)     As soon as practicable after the establishment of the Arbitron
        401(k) Plan, New Ceridian shall cause the trustee of the PIP and the SIP
        to transfer to the trustee of the trust established in connection with
        the Arbitron 401(k) Plan, the account balances of the Arbitron Employees
        and Former Arbitron Employees who are then participants in either such
        plan (and of any beneficiaries of, and alternate payees under
        qualified domestic relations orders with respect to, any Arbitron
        Employee or Former Arbitron Employee), including promissory notes
        evidencing any participant loans made pursuant to the terms of the plan.
        Promissory notes evidencing participant loans and shares of the
        Corporation or New Ceridian common stock shall be transferred in kind,
        and, unless the parties otherwise agree, other assets shall be sold or
        otherwise disposed of and the net cash proceeds shall be transferred.
        The Corporation shall cause the promissory notes, securities and cash so
        transferred to be allocated among the participants' accounts in the
        manner it was allocated under the applicable Ceridian 401(k) plan.

        (e)     The Corporation shall cooperate and shall cause the trustee of
        the Arbitron 401(k) Plan to comply with any requests for distributions
        from the Arbitron 401(k) Plan to Arbitron Employees determined by New
        Ceridian to be necessary to permit the PIP and the SIP to satisfy the
        requirements imposed by sections 402(g), 401(k), 401(m) and 415 of the
        Code for the 2000 plan year.

        (f)     During the "remedial amendment period," within the meaning of
        Code section 401(b), applicable in connection with the adoption of the
        Arbitron 401(k) Plan, the

                                       18
<PAGE>

        Corporation shall submit a determination letter request to the Internal
        Revenue Service with respect to the Arbitron 401(k) Plan and shall
        timely make any changes to the form or operation of the Arbitron 401(k)
        Plan as may be required by the Internal Revenue Service to obtain a
        determination letter from the Internal Revenue Service that the Arbitron
        401(k) Plan, as adopted by the Corporation, satisfies the qualification
        requirements of Code section 401(a) and the Arbitron 401(k) Plan's
        related trust is exempt from federal income tax pursuant to Code section
        501(a).

        (g)     The Corporation shall, and shall cause the Arbitron 401(k) Plan
        and the trustee of its related trust, to cooperate in the timely
        implementation of any correction determined by New Ceridian to be
        advisable in connection with any Employee Plans Compliance Resolution
        Systems (within the meaning of Revenue Procedure 2000-16) or Voluntary
        Fiduciary Correction Program submission or self-correction pending with
        respect to the Ceridian 401(k) Plans as of the Effective Time.

        (h)     The Arbitron 401(k) Plan shall be a continuation of the PIP and
        the SIP as to the participants whose accounts are transferred from the
        PIP of the SIP to the Arbitron 401(k) Plan pursuant to this Agreement
        and the cessation of participation of such participants in the PIP or
        the SIP shall not be deemed a termination or partial termination of the
        PIP or the SIP.

6.7     ASSUMPTION OF EXECUTIVE INVESTMENT PLAN. Not later than the Effective
Time, New Ceridian shall assume the sponsorship of the Ceridian Corporation
Executive Investment Plan (the "Ceridian Executive Investment Plan"). Except as
otherwise provided in Section 6.8, as of the effective date of such assumption
of sponsorship, New Ceridian shall assume and be solely responsible for all
employer Liabilities arising from or related to the Ceridian Executive
Investment Plan and its administration, including such Liabilities relating to
actions or omissions of or by the Corporation or any officer, director, employee
or agent of the Corporation prior to the Effective Time.

6.8     SPINOFF OF ARBITRON EXECUTIVE INVESTMENT PLAN. The Corporation shall, on
or before, and effective as of, the Effective Date, establish a nonqualified,
individual account deferred compensation plan (the "Arbitron Deferred
Compensation Plan").

        (a)     The Corporation shall assume and be solely responsible for all
        then existing or future Liabilities arising from or related to the
        participation in the Ceridian Executive Investment Plan of any Arbitron
        Employee or Former Arbitron Employee and the Arbitron Deferred
        Compensation Plan and its administration, including such Liabilities
        relating to (i) benefits under the Ceridian Executive Investment Plan
        earned by or paid to any Arbitron Employee or Former Arbitron Employee
        and (ii) actions or omissions of or by New Ceridian, the Corporation or
        any officer, director, employee or agent of either New Ceridian or the
        Corporation, prior to the Effective Date, affecting any Arbitron
        Employee, Former Arbitron Employee or any person claiming by, through or
        on behalf of any Arbitron Employee or Former Arbitron Employee.

        (b)     As of the Effective Date, the Corporation shall assume and be
        solely responsible for all Liabilities under the Ceridian Executive
        Investment Plan related to any participant who is an Arbitron Employee
        or a Former Arbitron Employee, other than Liabilities

                                       19
<PAGE>

        related to such a participant's employment with New Ceridian or one of
        its Subsidiaries on or after the Effective Date.

        (c)     The Arbitron Deferred Compensation Plan shall (i) provide for
        immediate participation by each Arbitron Employee or Former Arbitron
        Employee who was a participant in the Ceridian Executive Investment Plan
        immediately prior to the Effective Time and (ii) provide the participant
        with the same contractual rights with respect to the balance of his or
        her accounts under the Ceridian Executive Investment Plan as of December
        31, 2000 that the participant had under the Ceridian Executive
        Investment Plan.

        (d)     On or as soon as administratively practicable after the first
        business day following the Effective Date, New Ceridian shall cause the
        trustee of the Ceridian Corporation Benefit Protection Trust to transfer
        to the trustee of the Arbitron Benefit Protection Trust, by wire
        transfer of immediately available funds, an amount equal to the
        aggregate balance as of December 31, 2000 of the Ceridian Executive
        Investment Plan account balances of each Arbitron Employee and each
        Former Arbitron Employee.

6.9     RABBI TRUSTS. Not later than the Effective Time, the Corporation shall,
by assignment or otherwise, cause the assets and control of the following trusts
to be assigned to New Ceridian: (a) Ceridian Corporation Benefit Protection
Trust; (b) Ceridian Corporation Executive Benefit Protection Trust Number One;
(c) Ceridian Corporation Executive Benefit Protection Trust Number Two; and (d)
any other trust established in conjunction with any nonqualified Pension Plan
the assets of which are treated for federal income tax purposes as assets of the
Corporation.

6.10    DEFERRED COMPENSATION AGREEMENTS. As of the Effective Time, New Ceridian
shall assume and be solely responsible for all employer Liabilities arising from
or related to any individual deferred compensation agreement with a New Ceridian
Employee or Former New Ceridian Employee, and the Corporation shall retain and
be solely responsible for all employer Liabilities arising from or related to
any individual deferred compensation agreement with an Arbitron Employee or
Former Arbitron Employee.

6.11    OTHER LIABILITIES. New Ceridian or its Subsidiaries shall assume or
retain and be solely responsible for all employer Liabilities arising from or
related to any Pension Plan that are not otherwise expressly allocated pursuant
to this article.

                                   ARTICLE VII
                               SPECIAL PROVISIONS

7.1     INTERNATIONAL LIABILITIES. As of the Effective Time, New Ceridian shall
assume all Liabilities for Employment Related Claims arising from or incurred in
connection with international New Ceridian Employees and international Former
New Ceridian Employees, including such Liabilities relating to any Welfare Plan,
Pension Plan, Current Cash Compensation or Benefit Arrangement, and New Ceridian
shall cause its Subsidiaries to assume all such Liabilities with respect to
their international New Ceridian Employees and international Former New Ceridian
Employees.

                                       20
<PAGE>

7.2     DISABLED EMPLOYEES. Notwithstanding any contrary provision of this
Agreement, this section shall control the allocation of obligations of the
Corporation and New Ceridian with respect to each employee of the Corporation or
any of its Subsidiaries who would have been an Arbitron Employee but for his or
her absence from active employment on account of his or her receiving long-term
disability insurance benefits ("Disabled Arbitron Employee").

        (a)     Immediately prior to the Effective Time, New Ceridian shall, or
        shall cause its Subsidiaries to, employ each Disabled Arbitron Employee
        and to continue his or her participation in New Ceridian Pension Plans,
        Welfare Plans and Benefit Arrangements in accordance with their
        generally applicable provisions.

        (b)     If a Disabled Arbitron Employee is released to work after the
        Effective Time and prior to his or her termination of employment, the
        Corporation shall, or shall cause one of its Subsidiaries to:

                (i)     provide such Disabled Arbitron Employee with a job
                suitable to his or her abilities and limitations; or

                (ii)    reimburse New Ceridian for the gross amount of all
                severance benefits, sick leave reserve and pay for accrued
                personal days off (disregarding any tax savings or benefits to
                New Ceridian as a result of the payment of such benefits), if
                any, that are then payable to the Disabled Arbitron Employee
                under the Welfare Plans and Benefit Arrangements of New Ceridian
                then in effect.

        (c)     If a Disabled Arbitron Employee becomes an employee of the
        Corporation or any of its Subsidiaries after the Effective Time, all of
        the Disabled Arbitron Employee's service with the Corporation and its
        Subsidiaries prior to the Effective Time shall be taken into account for
        all purposes under the Arbitron Retirement Plan, as defined in Section
        6.2, to the same extent as if the Disabled Arbitron Employee had been a
        Spun-off Participant, as defined in Section 6.2, and to the extent
        permitted by applicable qualification requirements, service taken into
        account under the Ceridian Retirement Plan, as defined in Section 6.1,
        after the Effective Time shall be taken into account under the Arbitron
        Retirement Plan to the same extent and for the same purposes as such
        service was taken into account under the Ceridian Retirement Plan;
        provided, first, that the Arbitron Retirement Plan shall not be required
        to credit service for any period or any purpose for which a similarly
        situated active employee of the Corporation or one of its Subsidiaries
        is not credited with service; and, second, that to the extent service is
        taken into account under the Arbitron Retirement Plan pursuant to this
        Section 7.2(c) that is taken into account in determining a Disabled
        Arbitron Employee's accrued benefit under the Ceridian Retirement Plan,
        the Arbitron Retirement Plan benefit shall be reduced by the value of
        the Ceridian Retirement Plan benefit in accordance with the terms of the
        Arbitron Retirement Plan.

        (d)     The Corporation shall, upon demand by New Ceridian, reimburse
        New Ceridian for all costs incurred by New Ceridian or its Subsidiaries
        in providing coverage to each Disabled Arbitron Employee under each
        Pension Plan, Welfare Plan and Benefit Arrangement, such costs to be
        measured by the gross amount of the employer

                                       21
<PAGE>

        contributions made with respect to such employee (disregarding any tax
        savings or benefits to New Ceridian as a result of the payment of such
        benefits); provided that this provision shall not apply with respect to
        any Disabled Arbitron Employee who has been continuously totally
        disabled since prior to 1992.

7.3     SBC EMPLOYEE LIABILITIES. Notwithstanding any contrary provision of this
Agreement, this section shall control the allocation of obligations of the
Corporation and New Ceridian under the Benefits Agreement between Service Bureau
Corporation, Control Data Corporation and International Business Machines
Corporation, dated as of January 12, 1973 (the "SBC Agreement").

        (a)     The Corporation shall, as of the Effective Time, be relieved of
        all Liability and responsibility under the SBC Agreement with respect to
        any individual who is not employed by the Corporation or any of its
        Subsidiaries at any time after the Effective Time. The Corporation
        shall, except as otherwise provided in this section, have full Liability
        and responsibility for benefits due under the SBC Agreement with respect
        to any individual who is employed by the Corporation or any of its
        Subsidiaries at any time after the Effective Time.

        (b)     Except as otherwise provided in this section, New Ceridian shall
        be relieved of all Liability and responsibility under the SBC Agreement
        with respect to any Arbitron Employee or any other individual employed
        by the Corporation or any of its Subsidiaries after the Effective Time.
        New Ceridian shall assume all Liabilities under the SBC Agreement with
        respect to any individual who is not employed by the Corporation or any
        of its Subsidiaries at any time after the Effective Time.

                                  ARTICLE VIII
                               GENERAL PROVISIONS

8.1     MISCELLANEOUS PROVISIONS. All the provisions contained in Article VIII
of the Distribution Agreement are fully applicable to this Agreement and are
incorporated in this Agreement by this reference.

8.2     RELEVANT TIME. Any reference in this agreement to a specific date shall
be effective immediately following the midnight, New York time, that precedes
the 24-hour period that comprises the date specified.

8.3     FURTHER COOPERATION. The parties shall provide each other such records
and information as may be necessary or appropriate to carry out their
obligations under this Agreement or for the purposes of administering the
Pension Plans, Welfare Plan and Benefit Arrangements, and they shall cooperate
in the filing of documents required by any transfer of assets and Liabilities.
Each of the parties shall cooperate in making amendments to plans, policies and
programs and in assigning agreements with third party vendors as necessary or
advisable to implement the provisions of this Agreement.

8.4     THIRD PARTY AGREEMENTS. The provisions of Section 2.1(f) of the
Distribution Agreement shall apply to insurance contracts, administration
contracts, investment management contracts,

                                       22
<PAGE>

trust agreements and similar agreements related to the maintenance and
administration of the Pension Plans, Welfare Plans and Benefit Arrangements of
the parties.

8.5     PRESERVATION OF RIGHTS TO AMEND OR TERMINATE. Except as expressly
provided in this Agreement, any right which the Corporation or New Ceridian or
any of their respective Subsidiaries would otherwise have under the terms of any
plan, fund, program, contract, agreement, policy, practice, trust or arrangement
to amend or terminate such plan, fund, program, contract, agreement, policy,
practice, trust or arrangement or terminate the participation of any individual
or employer in such plan, fund, program, contract, agreement, policy, practice,
trust or arrangement shall not be limited by this Agreement in any way.

8.6     APPLICABILITY TO SUBSIDIARIES. The obligations of a party in this
Agreement shall also be applicable to any Subsidiary of such party to the extent
they relate to persons employed by such Subsidiaries, and each party shall cause
its Subsidiaries to comply with such obligations.

8.7     ADMINISTRATIVE COMPLAINTS/LITIGATION. New Ceridian shall be solely
liable for the handling, administration, investigation, and defense of Actions,
including, without limitations, ERISA, discrimination and unemployment
compensation claims, asserted against the Corporation or New Ceridian by any New
Ceridian Employee or Former New Ceridian Employee arising out of or relating to
employment with New Ceridian and of Actions involving Liabilities in connection
with a Welfare Plan that New Ceridian assumed under Section 4.13(a). Any Losses
arising from such Actions shall be New Ceridian Liabilities. The Corporation
shall be solely liable for the handling, administration, investigation, and
defense of Actions, including, without limitations, ERISA, discrimination and
unemployment compensation claims, asserted against the Corporation or New
Ceridian by any Arbitron Employee or Former Arbitron Employee arising out of or
relating to employment with the Corporation other than to the extent such Action
involves Liabilities in connection with a Welfare Plan that New Ceridian assumed
under Section 4.13(a). Any Losses arising from such Actions shall be Media
Information Liabilities. The Corporation reserves the right to participate in
the investigation or defense of any matter to the extent it deems reasonably
necessary.

8.8     REIMBURSEMENT AND INDEMNIFICATION. The parties agree to reimburse each
other, within 30 days of receipt from the other party of appropriate
verification, for all costs and expenses each may incur on behalf of the other
as a result of any of the Welfare Plans, Pension Plans and Benefit Arrangements.
All Liabilities retained, assumed or indemnified against by New Ceridian
pursuant to this Agreement shall be deemed New Ceridian Liabilities, and all
Liabilities retained, assumed or indemnified against by the Corporation pursuant
to this Agreement shall be deemed Media Information Liabilities, and in each
case shall be subject to the indemnification provisions of Article III of the
Distribution Agreement.

8.9     NO THIRD PARTY BENEFICIARIES. No New Ceridian Employee, Former New
Ceridian Employee, Arbitron Employee or Former Arbitron Employee (or his/her
spouse, domestic partner, dependent or beneficiary), or any other person not a
party to this Agreement, shall be entitled to assert any claim under this
Agreement. This Agreement shall be binding upon and inure to the benefit only of
the Corporation, New Ceridian and their respective successors. Notwithstanding
any other provisions to the contrary except with respect to such successors, it
is

                                       23
<PAGE>

not intended and shall not be construed for the benefit of any third party or
any person who is not a signatory. In no event shall this Agreement constitute a
third party beneficiary contract.

        IN WITNESS WHEREOF, the parties have caused this agreement to be
executed in their names by a duly authorized officer as of the date set forth
above.

NEW CERIDIAN CORPORATION                        CERIDIAN CORPORATION

By:                                             By:
  ----------------------------                     ----------------------------

Title:                                          Title:
     -------------------------                       --------------------------

                                       24

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