Document:

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EXHIBIT 10(f): PAYCHEX, INC. OFFICER PERFORMANCE INCENTIVE PROGRAM FOR THE YEAR
ENDED MAY 31, 2005

On July 8, 2004, the Board of Directors (the "Board") approved the Compensation
Committee's recommendation to adopt the Paychex, Inc. Officer Performance
Incentive Program (the "Program") for the year ended May 31, 2005, as outlined
below:

1.    Participants: Executive officers of Paychex, Inc.

2.    Maximum Incentive: 50% of base salary for fiscal year 2005 as approved by
      the Board of Directors at the July 2004 Board meeting.

3.    Performance Criteria: The payment of cash bonus awards to participants
      shall be determined by the Board on a discretionary basis based primarily
      on how year-over-year revenue growth, year-over-year growth in operating
      income excluding interest on funds held for clients, and improvement in
      operating income excluding interest on funds held for clients as a
      percentage of service revenues for the fiscal year compare to the goals
      that are established annually by the Board of Directors.

4.    Payment: Incentive payments to be paid in July 2005, after Board approval.
      Officer must be employed at the fiscal year end to be eligible for any
      bonus.

5.    Changes and Terminations: Bonus awards, changes to and termination of the
      Program are at the sole discretion of the Board.<PAGE>

         EXHIBIT 10(g): PAYCHEX, INC. INDEMNIFICATION AGREEMENT WITH B.
                                 THOMAS GOLISANO

                            INDEMNIFICATION AGREEMENT

      THIS INDEMNIFICATION AGREEMENT (the "Agreement") is made, entered into and
effective this 12th day of May, 2003 by and between B. THOMAS GOLISANO
("Golisano") and PAYCHEX, INC. ("Paychex") and RAPID PAYROLL, INC. ("RPI").

                                    RECITALS

      WHEREAS, Golisano is the Chairman, President, and Chief Executive Officer
of Paychex;

      WHEREAS, Paychex and RPI, along with others, have been sued in the
following actions brought in the Superior Court of the State of California for
the County of Los Angeles, United States District Court for the Central District
of California, United States District Court for the Southern District of Texas -
Houston Division, and New York Supreme Court for the County of Monroe (the
"Lawsuits") for purported breaches of software licensing agreements as well as
other claims;

      WHEREAS, Paychex has agreed to indemnify Golisano against claims and
liability arising from the Lawsuits and Golisano has agreed to be indemnified by
Paychex against claims and liability in the Lawsuits; and

      WHEREAS, Paychex and Golisano desire to reduce their agreement to writing.

                                   AGREEMENTS

      NOW, THEREFORE, in consideration of the premises, the mutual covenants
contained herein, and other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:

      1.    INCORPORATION OF RECITALS. The Recitals to this Agreement are hereby
incorporated into and made a part of this Agreement.

      2.    INTENT. This Agreement is executed in order to protect Golisano from
any claims made against him arising from the transactions or occurrences related
to the Lawsuits and relating to Golisano's employment at Paychex.

      3.    INDEMNIFICATION. Paychex and RPI agree to indemnify, protect,
defend, and hold harmless Golisano, his heirs, executors, and administrators
from and against any liability, loss, claim, demand, damage, cost or expense
(including, without limitation, professional fees for attorneys and other
consultants, whether incurred before trial, at trial, on appeal, or in any
bankruptcy or post-judgmental proceedings), which arise from the Lawsuits.
Notwithstanding anything contained herein to the contrary, Paychex and RPI's
agreement to indemnify Golisano hereunder shall not extend to actions arising
out of or based upon the gross negligence or willful misconduct of Golisano.

<PAGE>

      4.    GOVERNING LAW, JURISDICTION, AND VENUE. This Agreement shall be
construed, in all respects, according to the laws of the State of New York. The
parties hereby consent to jurisdiction in the State of New York.

      5.    MODIFICATION AND ASSIGNMENT. This Agreement shall not be amended or
modified, except in writing signed by the parties [nor assigned without the
consent of the other party]. Subject to the foregoing, this Agreement shall be
binding upon the parties and inure to the benefit of the parties' permitted
successors and assigns.

      6.    COUNTERPART. This Agreement may be executed in counterparts, which
may be by facsimile, each of which when executed and delivered, shall be deemed
to be an original, and all of which taken together shall constitute one
instrument.

      IN WITNESS WHEREOF, the parties hereto have executed this Agreement the
day and year first above written.

WITNESSES:

/s/ Stephanie Schaeffer                      /s/ B. Thomas Golisano
----------------------------------           -----------------------------------
Name: Stephanie Schaeffer                    Name: B. Thomas Golisano

/s/ Dana L. Bolia
----------------------------------
Name: Dana L. Bolia

/s/ Stephanie Schaeffer                      Paychex, Inc.
----------------------------------
Name: Stephanie Schaeffer

/s/ Dana L. Bolia                            By: /s/ John M. Morphy
----------------------------------               -------------------------------
Name: Dana L. Bolia                              Name: John M. Morphy
                                                 Title: Senior Vice President,
                                                  Chief Financial Officer, and
                                                  Secretary

/s/ Stephanie Schaeffer                      Rapid Payroll, Inc.,
----------------------------------
Name: Stephanie Schaeffer

/s/ Dana L. Bolia                            By: /s/ Walter Turek
----------------------------------               -------------------------------
Name: Dana L. Bolia                              Name: Walter Turek
                                                 Title: President

                                        2<PAGE>

           EXHIBIT 10(h): PAYCHEX, INC. INDEMNIFICATION AGREEMENT WITH
                                  WALTER TUREK

                            INDEMNIFICATION AGREEMENT

      THIS INDEMNIFICATION AGREEMENT (the "Agreement") is made, entered into and
effective this 12th day of May, 2003 by and between WALTER TUREK ("Turek") and
PAYCHEX, INC. ("Paychex") and RAPID PAYROLL, INC. ("RPI").

                                    RECITALS

      WHEREAS, Turek is the Senior Vice President of Sales and Marketing of
Paychex;

      WHEREAS, Paychex and RPI, along with others, have been sued in the
following actions brought in the Superior Court of the State of California for
the County of Los Angeles, United States District Court for the Central District
of California, United States District Court for the Southern District of Texas -
Houston Division, and New York Supreme Court for the County of Monroe (the
"Lawsuits") for purported breaches of software licensing agreements as well as
other claims;

      WHEREAS, Paychex has agreed to indemnify Turek against claims and
liability arising from the Lawsuits and Turek has agreed to be indemnified by
Paychex against claims and liability in the Lawsuits; and

      WHEREAS, Paychex and Turek desire to reduce their agreement to writing.

                                   AGREEMENTS

      NOW, THEREFORE, in consideration of the premises, the mutual covenants
contained herein, and other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:

      1.    INCORPORATION OF RECITALS. The Recitals to this Agreement are hereby
incorporated into and made a part of this Agreement.

      2.    INTENT. This Agreement is executed in order to protect Turek from
any claims made against him arising from the transactions or occurrences related
to the Lawsuits and relating to Turek's employment at Paychex.

      3.    INDEMNIFICATION. Paychex and RPI agree to indemnify, protect,
defend, and hold harmless Turek, his heirs, executors, and administrators from
and against any liability, loss, claim, demand, damage, cost or expense
(including, without limitation, professional fees for attorneys and other
consultants, whether incurred before trial, at trial, on appeal, or in any
bankruptcy or post-judgmental proceedings), which arise from the Lawsuits.
Notwithstanding anything contained herein to the contrary, Paychex and RPI's
agreement to indemnify Turek hereunder shall not extend to actions arising out
of or based upon the gross negligence or willful misconduct of Turek.

<PAGE>

      4.    GOVERNING LAW, JURISDICTION, AND VENUE. This Agreement shall be
construed, in all respects, according to the laws of the State of New York. The
parties hereby consent to jurisdiction in the State of New York.

      5.    MODIFICATION AND ASSIGNMENT. This Agreement shall not be amended or
modified, except in writing signed by the parties [nor assigned without the
consent of the other party]. Subject to the foregoing, this Agreement shall be
binding upon the parties and inure to the benefit of the parties' permitted
successors and assigns.

      6.    COUNTERPART. This Agreement may be executed in counterparts, which
may be by facsimile, each of which when executed and delivered, shall be deemed
to be an original, and all of which taken together shall constitute one
instrument.

      IN WITNESS WHEREOF, the parties hereto have executed this Agreement the
day and year first above written.

WITNESSES:

/s/ Stephanie Schaeffer                      /s/ Walter Turek
----------------------------------           -----------------------------------
Name: Stephanie Schaeffer                    Name: Walter Turek

/s/ Dana L. Bolia
----------------------------------
Name: Dana L. Bolia

/s/ Stephanie Schaeffer                      Paychex, Inc.
----------------------------------
Name: Stephanie Schaeffer

/s/ Dana L. Bolia                            By: /s/ B. Thomas Golisano
----------------------------------               -------------------------------
Name: Dana L. Bolia                              Name: B. Thomas Golisano
                                                 Title: Chairman, President, and
                                                  Chief Executive Officer

/s/ Stephanie Schaeffer                      Rapid Payroll, Inc.,
----------------------------------
Name: Stephanie Schaeffer

/s/ Dana L. Bolia                            By: /s/ John Morphy
----------------------------------               -------------------------------
Name: Dana L. Bolia                              Name: John Morphy
                                                 Title: Secretary, Treasurer,
                                                  Director

                                        2

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