Document:

EXHIBIT 4.4 

GEVITY HR, INC.
(EMPLOYEE OPTION AWARD) 

Date: ____________ 

Dear _________________: 

Pursuant to the Terms and Conditions
attached hereto and under the provisions of the Company’s 2005 Equity Incentive Plan,
you have been granted a Nonqualified Stock Option (the “Option”) to purchase a
number of shares of common stock (the “Option Shares”) as outlined below. 

			
	Granted To:  ___________________		Address:_____________________________
			
                _____________________________
			

Grant Date:
____________________ 

Number of Option Shares:
 _____________________ (subject to adjustment) 

Exercise Price Per Share:
 _____________________ (subject to adjustment) 

Latest Expiration Date:
_________________ 

The Option Shares shall become vested
in accordance with the following Vesting Schedule. All or a portion of the Option Shares
may become vested on an earlier date as provided in the attached Terms and Conditions. The
Option ceases to vest upon any Termination of Employment. 

Vesting Schedule: 

Option Period: The vested portion of
the Option may be exercised on or before the last day of employment and for up to 90 days
following Termination of Employment unless termination is for Cause or due to death or
Disability, but no later than the above Expiration Date. If Termination of Employment is
due to death or Disability, the vested portion of the Option may be exercised for up to 12
months after you cease to be an employee of the Company or any Subsidiary, but no later
than the above Expiration Date. If Termination of Employment is due to Cause, the Option
will expire immediately. See the attached Terms and Conditions for other limitations that
may apply to exercising the Option. 

By my signature below, I hereby
acknowledge receipt of the Option which has been issued to me under the provisions, and
subject to the conditions, of the 2005 Equity Incentive Plan. I further acknowledge
receipt of a copy of the 2005 Equity Incentive Plan and agree to all of the terms and
conditions of the Option and the 2005 Equity Incentive Plan. 

Signature:
 ________________________              Date:  _________________ 

Keep a copy of these materials for
your records. Please sign the extra copy of this award letter and return it to the Company
Controller. 

        Note:
If there are any discrepancies in the name or address shown above,
please make the
appropriate corrections on this form. 

TERMS AND CONDITIONS
TO THE
NONQUALIFIED STOCK
OPTION AWARD
PURSUANT TO GEVITY HR,
INC.
2005 EQUITY INCENTIVE
PLAN 

    1.          Exercise
of Option. Subject to the provisions of the Plan and the Award           which is
made pursuant to the Gevity HR, Inc. 2005 Equity Incentive Plan and           subject
also to these Terms and Conditions, which are incorporated in and made a           part
of the attached Award:  

		    (a)                             the
Option may be exercised with respect to all or any portion of the Vested
               Option Shares at any time during the Option Period by the delivery to the
               Company, at its principal place of business, of a written notice of
exercise in                substantially the form attached hereto as Exhibit 1;  

		    (b)                             payment
to the Company of the Exercise Price multiplied by the number of
               Vested Option Shares being purchased (the “Purchase Price”)
as                provided in Section 2; and  

		    (c)                             payment
of any tax withholding liability pursuant to Section 4 below.  

Upon acceptance of such notice and
receipt of payment in full of the Purchase Price and any tax withholding liability, the
Company shall cause to be issued a certificate representing the Vested Option Shares
purchased. 

         2.       
          Purchase Price. Payment of the Purchase Price for all Vested Option
          Shares purchased pursuant to the exercise of an Option shall be made 

		    (a)                   in
cash or certified check;  

          		    (b)       
               by delivery to the Company of a number of shares of Stock which have been owned
               by the Optionee for at least six (6) months prior to the date of the
               Option’s exercise having a fair market value, as determined under the Plan,
               on the date of exercise either equal to the Purchase Price or in combination
               with cash or a certified check to equal the Purchase Price; 

               

          		    (c)       
               to the extent permitted by Section 402 of the Sarbanes-Oxley Act of 2002, by
               receipt of the Purchase Price in cash from a broker, dealer or other
               “creditor” as defined by Regulation T issued by the Board of
               Governors of the Federal Reserve System following delivery by the Optionee to
               the Committee of instructions in a form acceptable to the Committee regarding
               delivery to such broker, dealer or other creditor of that number of Option
               Shares with respect to which the Option is exercised; or 

               

          		    (d)       
               or any combination of the foregoing. 

               

         3.       
          Vested Option Shares. The Option Shares shall become vested in the manner
          provided in the Vesting Schedule attached hereto. In the event of a Change in
          Control, including a Change in Control approved by the Board of Directors, the
          Committee, acting with the consent of the Board of Directors, may accelerate the
          vesting of the Option Shares in whole or in part. 

         4.       
          Withholding. The Optionee must satisfy any federal, state and local, if
          any, withholding taxes imposed by reason of the exercise of the Option either by
          paying to the Company the full amount of the withholding obligation (i) in cash,
          (ii) by electing, irrevocably and in writing in substantially the form attached
          hereto as Exhibit 2 (a “Withholding Election”), to have the
          actual number of shares of Stock issuable upon exercise reduced by the smallest
          number of whole shares of Stock which, when multiplied by the Fair Market Value
          of the Stock as of the date the Option is exercised, is sufficient to satisfy
          the amount of the withholding tax; or (iii) by any combination of the above. The
          Optionee may make a Withholding Election only if the following conditions are
          met: 

		    (a)                             the
Withholding Election is made on or prior to the date on which the amount of
               tax required to be withheld is determined (the “Tax Date”) by
               executing and delivering to the Company a properly completed Withholding
               Election; and  

		    (b)                             any
Withholding Election made will be irrevocable; however, the Committee may,
               in its sole discretion, disapprove and give no effect to any Withholding
               Election.  

         5.       
          Rights as Shareholder. Until the stock certificates reflecting the Option
          Shares accruing to the Optionee upon exercise of the Option are issued to the
          Optionee, the Optionee shall have no rights as a shareholder with respect to
          such Option Shares. The Company shall make no adjustment for any dividends or
          distributions or other rights on or with respect to Option Shares for which the
          record date is prior to the issuance of that stock certificate, except as the
          Plan or the attached Award otherwise provides. 

         6.       
          Restriction on Transfer of Option and of Option Shares. Except as
          otherwise expressly permitted by the Committee in writing, the Option evidenced
          hereby is nontransferable other than by will or the laws of descent and
          distribution and shall be exercisable during the lifetime of the Optionee only
          by the Optionee (or in the event of his disability, by his personal
          representative) and after his death, only by his legatee or the executor of his
          estate. 

         7.       
          Termination for Cause. In the event the Optionee’s service as an
          employee of the Company is terminated for Cause, the Option shall terminate and
          the Optionee shall thereby not be entitled to exercise the Option to acquire the
          Option Shares. “Cause” for purposes of this Award shall mean (a) the
          conviction of the Optionee of a felony under criminal laws or of a misdemeanor
          under criminal laws involving fraud, embezzlement or theft; or (b) the
          determination of the Board of Directors of the Company that the Optionee has
          become unable as a result of alcohol or illegal drug use to carry out the
          responsibilities of his employment. 

         8.       
          Changes in Capitalization. 

		    (a)                             Except
as provided in Subsection (b) below, if the number of shares of Stock
               shall be increased or decreased by reason of a subdivision or combination
of                shares of Stock, the payment of an ordinary stock dividend in shares of
Stock or                any other increase or decrease in the number of shares of Stock
outstanding                effected without receipt of consideration by the Company, an
appropriate                adjustment shall be made by the Committee, in a manner
determined in its sole                discretion, in the number and kind of Option Shares
and in the Exercise Price.  

		    (b)                             In
the event of a merger, consolidation, reorganization, extraordinary dividend
               or other change in the corporate structure of the Company, including a
Change in                Control, or tender offer for shares of Stock, the Company shall
provide for an                appropriate adjustment to the Option or provide for the
substitution of a new                option which adjustment or substitution shall be
consistent with the event                requiring the adjustment or substitution;
provided, however, in the event the                Company will not be the surviving
entity as a result of the event and the                surviving entity does not agree to
the adjustment or substitution, the Committee                may elect to terminate the
Option Period as of the date of the Change in Control                in consideration of
the payment to the Optionee of the sum of the difference                between the then
Fair Market Value of the Stock and the Exercise Price for each                Option
Share as to which the Option has not been exercised as of the date of the
               Change in Control.  

		    (c)                             The
existence of the Plan and the Option granted pursuant to this Agreement
               shall not affect in any way the right or power of the Company to make or
               authorize any adjustment, reclassification, reorganization or other change
in                its capital or business structure, any merger or consolidation of the
Company,                any issue of debt or equity securities having preferences or
priorities as to                the Stock or the rights thereof, the dissolution or
liquidation of the Company,                any sale or transfer of all or any part of its
business or assets, or any other                corporate act or proceeding. Any
adjustment pursuant to this Section may                provide, in the Committee’s
discretion, for the elimination without payment                therefor of any fractional
shares that might otherwise become subject to any                Option.  

         9.       
          Special Limitation on Exercise. No purported exercise of the Option shall
          be effective without the approval of the Committee, which may be withheld to the
          extent that the exercise, either individually or in the aggregate together with
          the exercise of other previously exercised stock options and/or offers and sales
          pursuant to any prior or contemplated offering of securities, would, in the sole
          and absolute judgment of the Committee, require the filing of a registration
          statement with the United States Securities and Exchange Commission or with the
          securities commission of any state. If a registration statement is not in effect
          under the Securities Act of 1933, or any applicable state securities law with
          respect to shares of Stock purchasable or otherwise deliverable under the
          Option, the Optionee (a) shall deliver to the Company, prior to the exercise of
          the Option or as a condition to the delivery of Stock pursuant to the exercise
          of an Option exercise, such information, representations and warranties as the
          Company may reasonably request in order for the Company to be able to satisfy
          itself that the Option Shares are being acquired in accordance with the terms of
          an applicable exemption from the securities registration requirements of
          applicable federal and state securities laws and (b) shall agree that the shares
          of Stock so acquired will not be disposed of except pursuant to an effective
          registration statement, unless the Company shall have received an opinion of
          counsel that such disposition is exempt from such requirement under the
          Securities Act of 1933 and any applicable state securities law. 

         10.       
          Legend on Stock Certificates.  Certificates evidencing the Option
          Shares, to the extent appropriate at the time, shall have noted conspicuously on
          the certificates a legend intended to give all persons full notice of the
          existence of the conditions, restrictions, rights and obligations set forth
          herein and in the Plan. 

         11.       
          Governing Laws. This Award and the Terms and Conditions shall be
          construed, administered and enforced according to the laws of the State of
          Florida; provided, however, the Option may not be exercised except in compliance
          with exemptions available under applicable state securities laws of the state in
          which the Optionee resides and/or any other applicable securities laws. 

         12.       
          Successors. This Award and the Terms and Conditions shall be binding upon
          and inure to the benefit of the heirs, legal representatives, successors and
          permitted assigns of the Optionee and the Company. 

         13.       
          Notice. Except as otherwise specified herein, all notices and other
          communications under this Award shall be in writing and shall be deemed to have
          been given if personally delivered or if sent by registered or certified United
          States mail, return receipt requested, postage prepaid, addressed to the
          proposed recipient at the last known address of the recipient. Any party may
          designate any other address to which notices shall be sent by giving notice of
          the address to the other parties in the same manner as provided herein. 

         14.       
          Severability. In the event that any one or more of the provisions or
          portion thereof contained in the Award and these Terms and Conditions shall for
          any reason be held to be invalid, illegal or unenforceable in any respect, the
          same shall not invalidate or otherwise affect any other provisions of the Award
          and these Terms and Conditions, and the Award and these Terms and Conditions
          shall be construed as if the invalid, illegal or unenforceable provision or
          portion thereof had never been contained herein. 

         15.       
          Entire Agreement. Subject to the terms and conditions of the Plan, the
          Award and the Terms and Conditions express the entire understanding of the
          parties with respect to the Option. 

         16.       
          Violation. Any transfer, pledge, sale, assignment, or hypothecation of
          the Option or any portion thereof shall be a violation of the terms of the Award
          or these Terms and Conditions and shall be void and without effect. 

         17.       
          Headings and Capitalized Terms. Section headings used herein are for
          convenience of reference only and shall not be considered in construing the
          Award or these Terms and Conditions. Capitalized terms used, but not defined, in
          either the Award or the Terms and Conditions shall be given the meaning ascribed
          to them in the Plan. 

         18.       
          Specific Performance. In the event of any actual or threatened default
          in, or breach of, any of the terms, conditions and provisions of the Award and
          these Terms and Conditions, the party or parties who are thereby aggrieved shall
          have the right to specific performance and injunction in addition to any and all
          other rights and remedies at law or in equity, and all such rights and remedies
          shall be cumulative. 

         19.       
          No Right to Continued Employment. Neither the establishment of the Plan
          nor the award of Option Shares hereunder shall be construed as giving the
          Optionee the right to continued service as an employee of the Company. 

EXHIBIT 1 

NOTICE OF EXERCISE OF
STOCK OPTION TO
PURCHASE
COMMON STOCK OF
GEVITY HR, INC. 

			
			Name__________________________
			Address________________________
			 _______________________________
			Date____________________________

Gevity HR, Inc.
600 301
Boulevard West
Suite 202
Bradenton, Florida 34205
Attn: Corporate Secretary 

Re: Exercise of
Nonqualified Stock Option 

Gentlemen: 

        Subject
to acceptance hereof by Gevity HR, Inc. (the “Company”) pursuant to the
provisions of the Gevity HR, Inc. 2005 Equity Incentive Plan (the “Plan”) I
hereby give notice of my election to exercise options granted to me to purchase
______________ shares of common stock $.01 par value (“Common Stock”), of the
Company under the Nonqualified Stock Option award (the “Award”) dated as of
____________. The purchase shall take place as of __________, 200__ (the “Exercise
Date”). 

        On
or before the Exercise Date, I will pay the applicable purchase price as follows: 

	 	
[
]      by delivery of cash or a certified check for $___________ for the full purchase price
payable to the order of Gevity HR, Inc. 

	 	
[
]       by delivery of cash or a certified check for $___________ representing a portion of the
purchase price with the balance to consist of shares of Common Stock that I have owned for
at least six months and that are represented by a stock certificate I will surrender to
the Company with my endorsement. If the number of shares of Common Stock represented by
such stock certificate exceed the number to be applied against the purchase price, I
understand that a new stock certificate will be issued to me reflecting the excess number
of shares. 

	 	
[
]      by delivery of a stock certificate representing shares of Common Stock that I have owned
for at least six months which I will surrender to the Company with my endorsement as
payment of the purchase price. If the number of shares of Common Stock represented by such
certificate exceed the number to be applied against the purchase price, I understand that
a new certificate will be issued to me reflecting the excess number of shares. 

	 	
[
]      by delivery of the purchase price by _________________________, a broker, dealer or
other “creditor” as defined by Regulation T issued by the Board of
Governors of the Federal Reserve System. I hereby authorize the Company to issue a stock
certificate for the number of shares indicated above in the name of said broker, dealer or
other creditor or its nominee pursuant to instructions received by the Company and to
deliver said stock certificate directly to that broker, dealer or other creditor (or to
such other party specified in the instructions received by the Company from the broker,
dealer or other creditor) upon receipt of the purchase price. 

        The
required federal, state and local income tax withholding obligations, if any, on the
exercise of the Award shall also be paid on or before the Exercise Date in the manner
provided in the Withholding Election previously tendered or to be tendered to the Company
no later than the Exercise Date. 

        As
soon as the stock certificate is registered in my name, please deliver it to me at the
above address. 

        If
the Common Stock being acquired is not registered for issuance to and resale by the
Optionee pursuant to an effective registration statement on Form S-8 (or successor form)
filed under the Securities Act of 1933, as amended (the “1933 Act”), I hereby
represent, warrant, covenant, and agree with the Company as follows: 

	 	
The
shares of the Common Stock being acquired by me will be acquired for my own account
without the participation of any other person, with the intent of holding the Common Stock
for investment and without the intent of participating, directly or indirectly, in a
distribution of the Common Stock and not with a view to, or for resale in connection with,
any distribution of the Common Stock, nor am I aware of the existence of any distribution
of the Common Stock; 

	 	
I
am not acquiring the Common Stock based upon any representation, oral or written, by any
person with respect to the future value of, or income from, the Common Stock but rather
upon an independent examination and judgment as to the prospects of the Company; 

	 	
The
Common Stock was not offered to me by means of publicly disseminated advertisements or
sales literature, nor am I aware of any offers made to other persons by such means; 

	 	I
am able to bear the economic risks of the investment in the Common Stock, including the
risk of a complete loss of my investment therein; 

	 	I
understand and agree that the Common Stock will be issued and sold to me without
registration under any state law relating to the registration of securities for sale, and
will be issued and sold in reliance on the exemptions from registration under the 1933
Act, provided by Sections 3(b) and/or 4(2) thereof and the rules and regulations
promulgated thereunder;  

	 	
The
Common Stock cannot be offered for sale, sold or transferred by me other than pursuant to:
(A) an effective registration under the 1933 Act or in a transaction otherwise in
compliance with the 1933 Act; and (B) evidence satisfactory to the Company of compliance
with the applicable securities laws of other jurisdictions. The Company shall be entitled
to rely upon an opinion of counsel satisfactory to it with respect to compliance with the
above laws; 

	 	
The
Company will be under no obligation to register the Common Stock or to comply with any
exemption available for sale of the Common Stock without registration or filing, and the
information or conditions necessary to permit routine sales of securities of the Company
under Rule 144 under the 1933 Act are not now available and no assurance has been given
that it or they will become available. The Company is under no obligation to act in any
manner so as to make Rule 144 available with respect to the Common Stock; 

	 	
I
have and have had complete access to and the opportunity to review and make copies of all
material documents related to the business of the Company, including, but not limited to,
contracts, financial statements, tax returns, leases, deeds and other books and records. I
have examined such of these documents as I wished and am familiar with the business and
affairs of the Company. I realize that the purchase of the Common Stock is a speculative
investment and that any possible profit therefrom is uncertain; 

	 	
I
have had the opportunity to ask questions of and receive answers from the Company and any
person acting on its behalf and to obtain all material information reasonably available
with respect to the Company and its affairs. I have received all information and data with
respect to the Company which I have requested and which I have deemed relevant in
connection with the evaluation of the merits and risks of my investment in the Company; 

	 	
I
have such knowledge and experience in financial and business matters that I am capable of
evaluating the merits and risks of the purchase of the Common Stock hereunder and I am
able to bear the economic risk of such purchase; and 

	 	
The
agreements, representations, warranties and covenants made by me herein extend to and
apply to all of the Common Stock of the Company issued to me pursuant to this Award.
Acceptance by me of the certificate representing such Common Stock shall constitute a
confirmation by me that all such agreements, representations, warranties and covenants
made herein shall be true and correct at that time. 

        I
understand that the certificates representing the shares being purchased by me in
accordance with this notice shall bear a legend referring to the foregoing covenants,
representations and warranties and restrictions on transfer, and I agree that a legend to
that effect may be placed on any certificate which may be issued to me as a substitute for
the certificates being acquired by me in accordance with this notice. 

			
			Very truly yours,

______________________________
			
			

AGREED TO AND ACCEPTED: 

GEVITY HR, INC. 

By:___________________________________  

Title:_________________________________  

Number of Shares
Exercised:____________________________ 

Number of Shares
Remaining:___________                                                        Date: _____________ 

EXHIBIT 2 

NOTICE OF WITHHOLDING
ELECTION 
GEVITY HR, INC. 2005
EQUITY INCENTIVE PLAN

TO:     Gevity
HR, Inc.
            Attn: Corporate Secretary 

FROM:  

RE:     Withholding Election 

        This
election relates to the Option identified in Paragraph 3 below. I hereby certify that: 

	 	(1)  	My
correct name and social security number and my current address are set forth           at
the end of this document.  

	 	(2)  	I
am (check one, whichever is applicable).  

	 	                  [ ]  	the
original recipient of the Option. 

	 	                  [ ]  	the
legal representative of the estate of the original recipient of the Option. 

	 	                  [ ]  	a
legatee of the original recipient of the Option. 

	 	                  [ ]  	the
legal guardian of the original recipient of the Option. 

               	 	(3) 	
                    The Option pursuant to which this election relates was issued under the Gevity
                    HR, Inc. 2005 Equity Incentive Plan in the name of _____________________ for the
                    purchase of a total of __________ shares of Common Stock. This election relates
                    to _____________ shares of Common Stock issuable upon exercise of the Option
                    (the “Stock”), provided that the numbers set forth above shall be
                    deemed changed as appropriate to reflect the applicable Plan provisions. 

                    

               	 	(4) 	
                    In connection with any exercise of the Option with respect to Stock, I hereby
                    elect: 

                    

	 	[ ]	
 to have certain of the shares otherwise issuable pursuant to the exercise withheld by
the Company for the purpose of having the value of the shares applied to pay federal,
state, and local, if any, taxes arising from the exercise. 

	 	[ ]	
 to tender shares held by me for a period of at least six (6) months prior to the
exercise of the Option for the purpose of having the value of the shares applied to pay
such taxes. 

	 	
The
shares to be withheld or tendered, as the case may be, shall have, as of the Tax Date
applicable to the exercise, a fair market value equal to the minimum statutory tax
withholding requirement under federal, state and local law in connection with the
exercise. 

               	 	(5) 	
                    This Withholding Election is made no later than the Tax Date and is otherwise
                    timely made pursuant to the Plan. 

                    

               	 	(6) 	
                    I understand that this Withholding Election may not be revised, amended or
                    revoked by me. 

                    

               	 	(7) 	
                    The Plan has been made available to me by the Company, I have read and
                    understand the Plan and I have no reason to believe that any of the conditions
                    therein to the making of this Withholding Election have not been met.
                    Capitalized terms used in this Notice of Withholding Election shall have the
                    meanings given to them in the Plan. 

                    

               	 	(8) 	
                    Capitalized terms used in this Notice of Withholding Election without definition
                    shall have the meanings given to them in the Plan. 

                    

 

			
	Dated:   ____________________		
			________________________________
Signature

                                                         
________________________________
Name (printed)

                                                         
________________________________
Street Address

                                                         
________________________________
City, State, Zip CodeEXHIBIT 4.5 

GEVITY HR, INC.
(DIRECTOR OPTION AWARD) 

Date: ____________ 

Dear _________________: 

Pursuant to the Terms and Conditions
attached hereto and under the provisions of the Company’s 2005 Equity Incentive Plan,
you have been granted a Nonqualified Stock Option (the “Option”) to purchase a
number of shares of common stock (the “Option Shares”) as outlined below. 

			
	Granted To:  ___________________________		Address:________________________________
			
                  ________________________________
			

Grant Date:
____________________ 

Number of Option Shares:
 _____________________ (subject to adjustment) 

Exercise Price Per Share:
 _____________________ (subject to adjustment) 

Latest Expiration Date:
_________________ 

The Option Shares shall become vested
in accordance with the following Vesting Schedule. All or a portion of the Option Shares
may become vested on an earlier date as provided in the attached Terms and Conditions. The
Option ceases to vest upon any termination of service as a director of the Company or any
Subsidiary. 

Vesting Schedule: 

Option Period: The vested portion of
the Option may be exercised on or before the last day of service and for up to 90 days
following such termination of service as a director of the Company or any Subsidiary, but
no later than the above Expiration Date. If termination of service is due to death or
Disability, the vested portion of the Option may be exercised for up to 12 months after
you cease to be a director of the Company or any Subsidiary, but no later than the above
Expiration Date. See the attached Terms and Conditions for other limitations that may
apply to exercising the Option. 

By my signature below, I hereby
acknowledge receipt of the Option which has been issued to me under the provisions, and
subject to the conditions, of the 2005 Equity Incentive Plan. I further acknowledge
receipt of a copy of the 2005 Equity Incentive Plan and agree to all of the terms and
conditions of the Option and the 2005 Equity Incentive Plan. 

Signature:
 ________________________              Date:  _________________ 

Keep a copy of these materials for
your records. Please sign the extra copy of this award letter and return it to the Company
Controller. 

Note:
If there are any discrepancies in the name or address shown above, 
please make the
appropriate corrections on this form. 

TERMS AND CONDITIONS
TO THE
NONQUALIFIED STOCK
OPTION AWARD
PURSUANT TO GEVITY HR,
INC.
2005 EQUITY INCENTIVE
PLAN 

         1.       
          Exercise of Option. Subject to the provisions of the Plan and the Award
          which is made pursuant to the Gevity HR, Inc. 2005 Equity Incentive Plan and
          subject also to these Terms and Conditions, which are incorporated in and made a
          part of the attached Award: 

		    (a)                             the
Option may be exercised with respect to all or any portion of the Vested
               Option Shares at any time during the Option Period by the delivery to the
               Company, at its principal place of business, of a written notice of
exercise in                substantially the form attached hereto as Exhibit 1; and  

		    (b)                             payment
to the Company of the Exercise Price multiplied by the number of
               Vested Option Shares being purchased (the “Purchase Price”)
as                provided in Section 2.  

Upon acceptance of such notice and
receipt of payment in full of the Purchase Price, the Company shall cause to be issued a
certificate representing the Vested Option Shares purchased. 

         2.       
          Purchase Price. Payment of the Purchase Price for all Vested Option
          Shares purchased pursuant to the exercise of an Option shall be made 

		    (a)                 in
cash or certified check;  

          		    (b)       
               by delivery to the Company of a number of shares of Stock which have been owned
               by the Optionee for at least six (6) months prior to the date of the
               Option’s exercise having a fair market value, as determined under the Plan,
               on the date of exercise either equal to the Purchase Price or in combination
               with cash or a certified check to equal the Purchase Price; 

               

          		    (c)       
               by receipt of the Purchase Price in cash from a broker, dealer or other
               “creditor” as defined by Regulation T issued by the Board of
               Governors of the Federal Reserve System following delivery by the Optionee to
               the Committee of instructions in a form acceptable to the Committee regarding
               delivery to such broker, dealer or other creditor of that number of Option
               Shares with respect to which the Option is exercised; or 

               

          		    (d)       
               or any combination of the foregoing. 

               

         3.       
          Vested Option Shares. The Option Shares shall become vested in the manner
          provided in the Vesting Schedule attached hereto. In the event of a Change in
          Control, including a Change in Control approved by the Board of Directors, the
          Committee, acting with the consent of the Board of Directors, may accelerate the
          vesting of the Option Shares in whole or in part. 

         4.       
          Rights as Shareholder. Until the stock certificates reflecting the Option
          Shares accruing to the Optionee upon exercise of the Option are issued to the
          Optionee, the Optionee shall have no rights as a shareholder with respect to
          such Option Shares. The Company shall make no adjustment for any dividends or
          distributions or other rights on or with respect to Option Shares for which the
          record date is prior to the issuance of that stock certificate, except as the
          Plan or the attached Award otherwise provides. 

         5.       
          Restriction on Transfer of Option and of Option Shares. Except as
          otherwise expressly permitted by the Committee in writing, the Option evidenced
          hereby is nontransferable other than by will or the laws of descent and
          distribution and shall be exercisable during the lifetime of the Optionee only
          by the Optionee (or in the event of his disability, by his personal
          representative) and after his death, only by his legatee or the executor of his
          estate. 

         6.       
          Changes in Capitalization. 

		    (a)                             Except
as provided in Subsection (b) below, if the number of shares of Stock
               shall be increased or decreased by reason of a subdivision or combination
of                shares of Stock, the payment of an ordinary stock dividend in shares of
Stock or                any other increase or decrease in the number of shares of Stock
outstanding                effected without receipt of consideration by the Company, an
appropriate                adjustment shall be made by the Committee, in a manner
determined in its sole                discretion, in the number and kind of Option Shares
and in the Exercise Price.  

		    (b)                             In
the event of a merger, consolidation, reorganization, extraordinary dividend
               or other change in the corporate structure of the Company, including a
Change in                Control, or tender offer for shares of Stock, the Company shall
provide for an                appropriate adjustment to the Option or provide for the
substitution of a new                option which adjustment or substitution shall be
consistent with the event                requiring the adjustment or substitution;
provided, however, in the event the                Company will not be the surviving
entity as a result of the event and the                surviving entity does not agree to
the adjustment or substitution, the Committee                may elect to terminate the
Option Period as of the date of the Change in Control                in consideration of
the payment to the Optionee of the sum of the difference                between the then
Fair Market Value of the Stock and the Exercise Price for each                Option
Share as to which the Option has not been exercised as of the date of the
               Change in Control.  

		    (c)                             The
existence of the Plan and the Option granted pursuant to this Agreement
               shall not affect in any way the right or power of the Company to make or
               authorize any adjustment, reclassification, reorganization or other change
in                its capital or business structure, any merger or consolidation of the
Company,                any issue of debt or equity securities having preferences or
priorities as to                the Stock or the rights thereof, the dissolution or
liquidation of the Company,                any sale or transfer of all or any part of its
business or assets, or any other                corporate act or proceeding. Any
adjustment pursuant to this Section may                provide, in the Committee’s
discretion, for the elimination without payment                therefor of any fractional
shares that might otherwise become subject to any                Option.  

         7.       
          Special Limitation on Exercise. No purported exercise of the Option shall
          be effective without the approval of the Committee, which may be withheld to the
          extent that the exercise, either individually or in the aggregate together with
          the exercise of other previously exercised stock options and/or offers and sales
          pursuant to any prior or contemplated offering of securities, would, in the sole
          and absolute judgment of the Committee, require the filing of a registration
          statement with the United States Securities and Exchange Commission or with the
          securities commission of any state. If a registration statement is not in effect
          under the Securities Act of 1933, or any applicable state securities law with
          respect to shares of Stock purchasable or otherwise deliverable under the
          Option, the Optionee (a) shall deliver to the Company, prior to the exercise of
          the Option or as a condition to the delivery of Stock pursuant to the exercise
          of an Option exercise, such information, representations and warranties as the
          Company may reasonably request in order for the Company to be able to satisfy
          itself that the Option Shares are being acquired in accordance with the terms of
          an applicable exemption from the securities registration requirements of
          applicable federal and state securities laws and (b) shall agree that the shares
          of Stock so acquired will not be disposed of except pursuant to an effective
          registration statement, unless the Company shall have received an opinion of
          counsel that such disposition is exempt from such requirement under the
          Securities Act of 1933 and any applicable state securities law. 

         8.       
          Legend on Stock Certificates.  Certificates evidencing the Option
          Shares, to the extent appropriate at the time, shall have noted conspicuously on
          the certificates a legend intended to give all persons full notice of the
          existence of the conditions, restrictions, rights and obligations set forth
          herein and in the Plan. 

         9.       
          Governing Laws. This Award and the Terms and Conditions shall be
          construed, administered and enforced according to the laws of the State of
          Florida; provided, however, the Option may not be exercised except in compliance
          with exemptions available under applicable state securities laws of the state in
          which the Optionee resides and/or any other applicable securities laws. 

         10.       
          Successors. This Award and the Terms and Conditions shall be binding upon
          and inure to the benefit of the heirs, legal representatives, successors and
          permitted assigns of the Optionee and the Company. 

         11.       
          Notice. Except as otherwise specified herein, all notices and other
          communications under this Award shall be in writing and shall be deemed to have
          been given if personally delivered or if sent by registered or certified United
          States mail, return receipt requested, postage prepaid, addressed to the
          proposed recipient at the last known address of the recipient. Any party may
          designate any other address to which notices shall be sent by giving notice of
          the address to the other parties in the same manner as provided herein. 

         12.       
          Severability. In the event that any one or more of the provisions or
          portion thereof contained in the Award and these Terms and Conditions shall for
          any reason be held to be invalid, illegal or unenforceable in any respect, the
          same shall not invalidate or otherwise affect any other provisions of the Award
          and these Terms and Conditions, and the Award and these Terms and Conditions
          shall be construed as if the invalid, illegal or unenforceable provision or
          portion thereof had never been contained herein. 

         13.       
          Entire Agreement. Subject to the terms and conditions of the Plan, the
          Award and the Terms and Conditions express the entire understanding of the
          parties with respect to the Option. 

         14.       
          Violation. Any transfer, pledge, sale, assignment, or hypothecation of
          the Option or any portion thereof shall be a violation of the terms of the Award
          or these Terms and Conditions and shall be void and without effect. 

         15.       
          Headings and Capitalized Terms. Section headings used herein are for
          convenience of reference only and shall not be considered in construing the
          Award or these Terms and Conditions. Capitalized terms used, but not defined, in
          either the Award or the Terms and Conditions shall be given the meaning ascribed
          to them in the Plan. 

         16.       
          Specific Performance. In the event of any actual or threatened default
          in, or breach of, any of the terms, conditions and provisions of the Award and
          these Terms and Conditions, the party or parties who are thereby aggrieved shall
          have the right to specific performance and injunction in addition to any and all
          other rights and remedies at law or in equity, and all such rights and remedies
          shall be cumulative. 

         17.       
          No Right to Continuation of Relationship. Neither the establishment of
          the Plan nor the award of Option Shares hereunder shall be construed as giving
          the Optionee the right to continued service as a director or other service
          provider of the Company or any Subsidiary. 

EXHIBIT 1 

NOTICE OF EXERCISE OF
STOCK OPTION TO
PURCHASE
COMMON STOCK OF
GEVITY HR, INC. 

			
			Name__________________________
			Address________________________
			_______________________________
			Date___________________________

Gevity HR, Inc.
600 301
Boulevard West
Suite 202
Bradenton, Florida
34205
Attn: Corporate Secretary 

Re: Exercise of
Nonqualified Stock Option Award 

Gentlemen: 

        Subject
to acceptance hereof by Gevity HR, Inc. (the “Company”) pursuant to the
provisions of the Gevity HR, Inc. 2005 Equity Incentive Plan (the “Plan”) I
hereby give notice of my election to exercise options granted to me to purchase
______________ shares of common stock $.01 par value (“Common Stock”), of the
Company under the Nonqualified Stock Option award (the “Award”) dated as of
____________. The purchase shall take place as of __________, 200__ (the “Exercise
Date”). 

        On
or before the Exercise Date, I will pay the applicable purchase price as follows: 

     	[ ] 	       

           by delivery of cash or a certified check for $___________ for the full purchase
          price payable to the order of Gevity HR, Inc. 

          

     	[ ] 	       

           by delivery of cash or a certified check for $___________ representing a
          portion of the purchase price with the balance to consist of shares of Common
          Stock that I have owned for at least six months and that are represented by a
          stock certificate I will surrender to the Company with my endorsement. If the
          number of shares of Common Stock represented by such stock certificate exceed
          the number to be applied against the purchase price, I understand that a new
          stock certificate will be issued to me reflecting the excess number of shares. 

          

     	[ ] 	       

           by delivery of a stock certificate representing shares of Common Stock that I
          have owned for at least six months which I will surrender to the Company with my
          endorsement as payment of the purchase price. If the number of shares of Common
          Stock represented by such certificate exceed the number to be applied against
          the purchase price, I understand that a new certificate will be issued to me
          reflecting the excess number of shares. 

          

     	[ ] 	       

           by delivery of the purchase price by _________________________, a broker,
          dealer or other “creditor” as defined by Regulation T issued by
          the Board of Governors of the Federal Reserve System. I hereby authorize the
          Company to issue a stock certificate for the number of shares indicated above in
          the name of said broker, dealer or other creditor or its nominee pursuant to
          instructions received by the Company and to deliver said stock certificate
          directly to that broker, dealer or other creditor (or to such other party
          specified in the instructions received by the Company from the broker, dealer or
          other creditor) upon receipt of the purchase price. 

          

        As
soon as the stock certificate is registered in my name, please deliver it to me at the
above address. 

        If
the Common Stock being acquired is not registered for issuance to and resale by the
Optionee pursuant to an effective registration statement on Form S-8 (or successor form)
filed under the Securities Act of 1933, as amended (the “1933 Act”), I hereby
represent, warrant, covenant, and agree with the Company as follows: 

	 	
The
shares of the Common Stock being acquired by me will be acquired for my own account
without the participation of any other person, with the intent of holding the Common Stock
for investment and without the intent of participating, directly or indirectly, in a
distribution of the Common Stock and not with a view to, or for resale in connection with,
any distribution of the Common Stock, nor am I aware of the existence of any distribution
of the Common Stock; 

	 	
I
am not acquiring the Common Stock based upon any representation, oral or written, by any
person with respect to the future value of, or income from, the Common Stock but rather
upon an independent examination and judgment as to the prospects of the Company; 

	 	
The
Common Stock was not offered to me by means of publicly disseminated advertisements or
sales literature, nor am I aware of any offers made to other persons by such means; 

	 	I
am able to bear the economic risks of the investment in the Common Stock, including the
risk of a complete loss of my investment therein; 

	 	
I
understand and agree that the Common Stock will be issued and sold to me without
registration under any state law relating to the registration of securities for sale, and
will be issued and sold in reliance on the exemptions from registration under the 1933
Act, provided by Sections 3(b) and/or 4(2) thereof and the rules and regulations
promulgated thereunder;  

	 	
The
Common Stock cannot be offered for sale, sold or transferred by me other than pursuant to:
(A) an effective registration under the 1933 Act or in a transaction otherwise in
compliance with the 1933 Act; and (B) evidence satisfactory to the Company of compliance
with the applicable securities laws of other jurisdictions. The Company shall be entitled
to rely upon an opinion of counsel satisfactory to it with respect to compliance with the
above laws; 

	 	
The
Company will be under no obligation to register the Common Stock or to comply with any
exemption available for sale of the Common Stock without registration or filing, and the
information or conditions necessary to permit routine sales of securities of the Company
under Rule 144 under the 1933 Act are not now available and no assurance has been given
that it or they will become available. The Company is under no obligation to act in any
manner so as to make Rule 144 available with respect to the Common Stock; 

	 	
I
have and have had complete access to and the opportunity to review and make copies of all
material documents related to the business of the Company, including, but not limited to,
contracts, financial statements, tax returns, leases, deeds and other books and records. I
have examined such of these documents as I wished and am familiar with the business and
affairs of the Company. I realize that the purchase of the Common Stock is a speculative
investment and that any possible profit therefrom is uncertain; 

	 	
I
have had the opportunity to ask questions of and receive answers from the Company and any
person acting on its behalf and to obtain all material information reasonably available
with respect to the Company and its affairs. I have received all information and data with
respect to the Company which I have requested and which I have deemed relevant in
connection with the evaluation of the merits and risks of my investment in the Company; 

	 	
I
have such knowledge and experience in financial and business matters that I am capable of
evaluating the merits and risks of the purchase of the Common Stock hereunder and I am
able to bear the economic risk of such purchase; and 

	 	
The
agreements, representations, warranties and covenants made by me herein extend to and
apply to all of the Common Stock of the Company issued to me pursuant to this Award.
Acceptance by me of the certificate representing such Common Stock shall constitute a
confirmation by me that all such agreements, representations, warranties and covenants
made herein shall be true and correct at that time. 

        I
understand that the certificates representing the shares being purchased by me in
accordance with this notice shall bear a legend referring to the foregoing covenants,
representations and warranties and restrictions on transfer, and I agree that a legend to
that effect may be placed on any certificate which may be issued to me as a substitute for
the certificates being acquired by me in accordance with this notice. 

			
			Very truly yours,

______________________________
			
			

AGREED TO AND ACCEPTED: 

GEVITY HR, INC. 

By:___________________________________  

Title:__________________________________  

Number of Shares
Exercised:______________________________ 

			
	Number of Shares
Remaining:___________		
Date: _____________

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