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                                                                   EXHIBIT 10.01

                              CERIDIAN CORPORATION

                         EXECUTIVE EMPLOYMENT AGREEMENT

PARTIES

                              CERIDIAN CORPORATION
                           3311 EAST OLD SHAKOPEE ROAD
                        MINNEAPOLIS, MINNESOTA 55425-1640

                                       AND

                                JOHN R. EICKHOFF
                                  ("EXECUTIVE")

DATE:    APRIL 22, 2002

RECITALS

A.       Ceridian wishes to obtain the services of Executive for the duration of
         this Agreement, and Executive wishes to provide services for such
         period.

B.       Ceridian desires reasonable protection of Ceridian's Confidential
         Information (as defined below).

C.       Ceridian desires assurance that Executive will not compete with
         Ceridian, engage in recruitment of Ceridian's employees or make
         disparaging statements about Ceridian after termination of employment,
         and Executive is willing to refrain from such competition, recruitment
         and disparagement.

D.       Executive desires to be assured of a minimum Base Salary (as defined
         below) from Ceridian for Executive's services for the term of this
         Agreement.

E.       It is expressly recognized by the parties that Executive's acceptance
         of, and continuance in, Executive's position with Ceridian and
         agreement to be bound by the terms of this Agreement represents a
         substantial commitment to Ceridian in terms of Executive's personal and
         professional career and a foregoing of present and future career
         options by Executive, for all of which Ceridian receives substantial
         value.

F.       The parties recognize that a Change of Control (as defined below) may
         result in material alteration or diminishment of Executive's position
         and responsibilities and substantially frustrate the purpose of
         Executive's commitment to Ceridian and forbearance of career options.

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G.       The parties recognize that in light of the above-described commitment
         and forbearance of career options, it is essential that, for the
         benefit of Ceridian and its stockholders, provision be made for the
         possibility of a Change of Control Termination (as defined below) in
         order to enable Executive to accept and effectively continue in
         Executive's position in the face of inherently disruptive circumstances
         arising from the possibility of a Change of Control of Ceridian
         Corporation (as defined below), although no such change is now
         contemplated or foreseen.

H.       The parties wish to replace any and all employment and Change of
         Control agreements between Executive and Ceridian Corporation.

NOW, THEREFORE, in consideration of Executive's acceptance of and continuance in
Executive's employment for the term of this Agreement and the parties' agreement
to be bound by the terms contained herein, the parties agree as follows:

                                    ARTICLE I

                                   DEFINITIONS

1.01     "BASE SALARY" shall mean regular cash compensation paid on a periodic
         basis exclusive of benefits, bonuses or incentive payments.

1.02     "BOARD" shall mean the Board of Directors of Parent Corporation.

1.03     "CERIDIAN" shall mean Ceridian Corporation, a Delaware corporation
         f/k/a New Ceridian Corporation, and, except for purposes of Section
         7.01(b) and (h), and Section 9.02 of Article IX,

         (a)      any Subsidiary (as that term is defined in Section 1.07); and

         (b)      any successor in interest by way of consolidation, operation
                  of law, merger or otherwise.

1.04     "CONFIDENTIAL INFORMATION" shall mean information or material of
         Ceridian which is not generally available to or used by others, or the
         utility or value of which is not generally known or recognized as
         standard practice, whether or not the underlying details are in the
         public domain, including:

         (a)      information or material relating to Ceridian and its business
                  as conducted or anticipated to be conducted; business plans;
                  operations; past, current or anticipated services, products or
                  software; customers or prospective customers; relations with
                  business partners or prospective business partners; or
                  research, engineering, development, manufacturing, purchasing,
                  accounting, or marketing activities;

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         (b)      information or material relating to Ceridian's inventions,
                  improvements, discoveries, "know-how," technological
                  developments, or unpublished writings or other works of
                  authorship, or to the materials, apparatus, processes,
                  formulae, plans or methods used in the development,
                  manufacture or marketing of Ceridian's services, products or
                  software;

         (c)      information on or material relating to Ceridian which when
                  received is marked as "proprietary," "private," or
                  "confidential;"

         (d)      trade secrets of Ceridian;

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

         (f)      any similar information of the type described above which
                  Ceridian obtained from another party and which Ceridian treats
                  as or designates as being proprietary, private or
                  confidential, whether or not owned or developed by Ceridian.

         Notwithstanding the foregoing, "Confidential Information" does not
         include any information which is properly published or in the public
         domain; provided, however, that information which is published by or
         with the aid of Executive outside the scope of employment or contrary
         to the requirements of this Agreement will not be considered to have
         been properly published, and therefore will not be in the public domain
         for purposes of this Agreement.

1.05     "DISABILITY" shall mean the inability of Executive to perform his
         duties under this Agreement because of illness or incapacity for a
         continuous period of six months.

1.06     "PARENT CORPORATION" shall mean Ceridian Corporation and, except for
         purposes of Article VIII and Section 9.02 of Article IX, any successor
         in interest by way of consolidation, operation of law, merger or
         otherwise. "Parent Corporation" shall not include any Subsidiary.

1.07     "SUBSIDIARY" shall mean: (a) any corporation at least a majority of
         whose securities having ordinary voting power for the election of
         directors (other than securities having such power only by reason of
         the occurrence of a contingency) is at the time owned by Parent
         Corporation and/or one or more Subsidiaries; and (b) any division or
         business unit (or portion thereof) of Parent Corporation or a
         corporation described in clause (a) of this Section 1.07.

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                                   ARTICLE II

                           EMPLOYMENT, DUTIES AND TERM

2.01     EMPLOYMENT. Upon the terms and conditions set forth in this Agreement,
         Ceridian hereby employs Executive, and Executive accepts such
         employment.

2.02     DUTIES. Executive shall devote his full-time and best efforts to
         Ceridian and to fulfilling the duties of his position which shall
         include such duties as may from time to time be assigned him by
         Ceridian, provided that such duties are reasonably consistent with
         Executive's education, experience and background. Executive shall
         comply with Ceridian's policies and procedures to the extent they are
         not inconsistent with this Agreement in which case the provisions of
         this Agreement prevail.

2.03     TERM. Subject to the provisions of Articles IV and VIII, this Agreement
         and Executive's employment shall continue until April 22, 2005 (the
         "Initial Term"). On each anniversary of the date of this Agreement, and
         subject to the provisions of Articles IV and VIII, this Agreement and
         Executive's employment shall be automatically extended for an
         additional one-year period. For purposes hereof, the Initial Term,
         together with any subsequent extensions thereof, are hereinafter
         referred to as the "Term." Upon the occurrence of a Change of Control
         during the Term, all applicable Change of Control protections set forth
         herein (including, without limitation, those set forth in Article VII
         hereof) shall continue to apply for the 24-month period commencing on
         the date of the Change of Control.

                                   ARTICLE III

                            COMPENSATION AND EXPENSES

3.01     BASE SALARY. For all services rendered under this Agreement during the
         Term, Ceridian shall pay Executive a minimum Base Salary at no less
         than the annual rate currently being paid or, if Executive is not
         currently in Ceridian's employ, at the annual rate specified in the
         written offer of employment. If Executive's salary is increased from
         time to time during the term of this Agreement, the increased amount
         shall be the Base Salary for the remainder of the term.

3.02     BONUS AND INCENTIVE. Bonus or incentive compensation shall be at the
         sole discretion of Ceridian. Except as otherwise provided in Article
         VII, Ceridian shall have the right, in accordance with their terms, to
         alter, amend or eliminate any bonus or incentive plans, or Executive's
         participation therein, without compensation to Executive.

3.03     BUSINESS EXPENSES. Ceridian shall, consistent with its policies in
         effect from time to time, bear all ordinary and necessary business
         expenses incurred by Executive in performing his duties as an employee
         of Ceridian, provided that Executive accounts

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         promptly for such expenses to Ceridian in the manner prescribed from
         time to time by Ceridian.

                                   ARTICLE IV

                                EARLY TERMINATION

4.01     EARLY TERMINATION. This Article shall not apply to a Change of Control
         Termination which is governed solely by the provisions of Article VII,
         and does not alter the respective continuing obligations of the parties
         pursuant to Articles V, VI, and IX.

4.02     TERMINATION FOR CAUSE. Ceridian may terminate this Agreement and
         Executive's employment immediately for cause. For the purpose hereof
         "cause" means:

         (a)      fraud;

         (b)      misrepresentation;

         (c)      theft or embezzlement of Ceridian assets;

         (d)      intentional violations of law involving moral turpitude;

         (e)      failure to follow Ceridian's conduct and ethics policies;
                  and/or

         (f)      the continued failure by Executive to attempt in good faith to
                  perform his duties as reasonably assigned to Executive
                  pursuant to Section 2.02 of Article II of this Agreement for a
                  period of 60 days after a written demand for such performance
                  which specifically identifies the manner in which it is
                  alleged Executive has not attempted in good faith to perform
                  such duties.

         In the event of termination for cause pursuant to this Section 4.02,
         Executive shall be paid at the usual rate of Executive's annual Base
         Salary through the date of termination specified in any written notice
         of termination.

4.03     TERMINATION WITHOUT CAUSE. Either Executive or Ceridian may terminate
         this Agreement and Executive's employment without cause on at least 75
         days' written notice. In the event of termination of this Agreement and
         of Executive's employment pursuant to this Section 4.03, compensation
         shall be paid as follows:

         (a)      if the notice of termination is given by Executive, Executive
                  shall be paid at the usual rate of his annual Base Salary
                  through the 75 day notice period;

         (b)      if the notice of termination is given by Ceridian, (1)
                  Executive shall be paid at the usual rate of his annual Base
                  Salary through the 75 day notice period, however, Ceridian
                  shall have the option of making termination of the Agreement
                  and

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                  Executive's employment effective immediately upon notice in
                  which case Executive shall be paid a lump sum representing the
                  value of 75 days worth of salary; and (2) Executive shall
                  receive, starting within 15 days after the end of the 75 day
                  notice period, two years' annual Base Salary and annual
                  perquisite cash adder payable, at the sole discretion of
                  Ceridian, in either the form of a lump sum payment or on a
                  regular payroll period basis. In addition, Executive shall
                  receive the bonus, if any, to which Executive would otherwise
                  have become entitled under all applicable Ceridian annual
                  bonus plans in effect at the time of termination of this
                  Agreement had Executive remained continuously employed for the
                  full fiscal year in which termination occurred and continued
                  to perform his duties in the same manner as they were
                  performed immediately prior to termination, multiplied by a
                  fraction, the numerator of which shall be the number of whole
                  months Executive was employed in the year in which termination
                  occurred and the denominator of which is 12. This bonus amount
                  shall be paid within 15 days after the date such bonus would
                  have been paid had Executive remained employed for the full
                  fiscal year. In addition, Ceridian shall provide or make
                  arrangements for reasonable outplacement services for
                  Executive based on his level within Ceridian. The payment and
                  provision of the severance payments and benefits provided for
                  in this Section 4.03 are conditioned upon Executive executing
                  a release, similar to that attached as Exhibit A, of all
                  claims against Ceridian.

4.04     TERMINATION IN THE EVENT OF DEATH OR DISABILITY. This Agreement shall
         terminate in the event of death or Disability of Executive.

         (a)      In the event of Executive's death, Ceridian shall pay an
                  amount equal to 12 months of Base Salary and annual perquisite
                  cash adder at the rate in effect at the time of Executive's
                  death plus the amount Executive would have received in annual
                  incentive plan bonus for the year in which the death occurs
                  had "target" goals been achieved. Such amount shall be paid
                  (1) to the beneficiary or beneficiaries designated in writing
                  to Ceridian by Executive, (2) in the absence of such
                  designation to the surviving spouse, or (3) if there is no
                  surviving spouse, or such surviving spouse disclaims all or
                  any part, then the full amount, or such disclaimed portion,
                  shall be paid to the executor, administrator or other personal
                  representative of Executive's estate. The amount shall be paid
                  as a lump sum as soon as practicable following Ceridian's
                  receipt of notice of Executive's death. All such payments
                  shall be in addition to any payments due pursuant to Section
                  4.04(c) below.

         (b)      In the event of Executive's Disability, Base Salary shall be
                  terminated as of the end of the month in which the last day of
                  the six-month period of Executive's inability to perform his
                  duties occurs.

         (c)      In the event of termination by reason of Executive's death or
                  Disability, Ceridian shall pay to Executive any amount equal
                  to (1) the amount Executive would have received in annual
                  incentive plan bonus for the year in which termination occurs

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                  had "target" goals been achieved, multiplied by (2) a
                  fraction, the numerator of which shall be the number of whole
                  months Executive was employed in the year in which the death
                  or Disability occurred and the denominator of which is 12. The
                  amount payable pursuant to this Section 4.04(c) shall be paid
                  within 15 days after the date such bonus would have been paid
                  had Executive remained employed for the full fiscal year.

4.05     RETIREMENT. Executive may terminate this Agreement and Executive's
         employment as a result of Executive decision to retire from Ceridian.
         Executive shall provide Ceridian with at least 75 days' written notice
         of the date upon which Executive intends to retire. Executive shall be
         paid at the usual rate of his annual Base Salary and annual perquisite
         cash adder through the date of retirement stipulated in the written
         notice. In addition, Executive shall receive payment on the date of
         retirement of the bonus, if any, to which Executive would be entitled
         to under all applicable Ceridian annual bonus plans in effect at the
         time of his retirement.

4.06     PENSION SUPPLEMENT. If Ceridian terminates Executive's employment
         without cause prior to Executive's 65th birthday, Ceridian shall
         provide to Executive, out of its general assets, a monthly supplemental
         retirement benefit in an amount equal to the actuarial equivalent of
         the difference, if any between:

         (a)      the monthly benefit to which Executive would have been
                  entitled under the defined benefit pension plan or plans in
                  which he participated immediately prior to his termination of
                  employment if the amount of payment to which Executive is
                  entitled under Section 4.03(b)(2) were taken into account for
                  purposes of determining his "final average pay" or similar
                  term (as then defined under the terms of such plan or plans)
                  for either (1) the year in which Executive's termination of
                  employment occurred; or (2) the prior full year, whichever
                  provides the highest total final average pay; and

         (b)      the amount to which Executive is, in fact, entitled under such
                  plan or plans.

         The benefit calculated under this Section 4.05 shall be paid at the
         same time and in the same form as the benefit under the plans with
         respect to which such calculation is made.

4.07     ENTIRE TERMINATION PAYMENT. The compensation provided for in this
         Article IV for early termination of this Agreement and termination
         pursuant to this Article IV shall constitute Executive's sole remedy
         for such termination. Executive shall not be entitled to any other
         termination or severance payment which may be payable to Executive
         under any other agreement between Executive and Ceridian.

                                    ARTICLE V

                   CONFIDENTIALITY, DISCLOSURE AND ASSIGNMENT

5.01     CONFIDENTIALITY. Executive acknowledges that Ceridian has taken
         reasonable measures to preserve the secrecy of its Confidential
         Information. Executive will not, during the term or after the
         termination or expiration of this Agreement or his/her employment,

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         publish, disclose, or utilize in any manner any Confidential
         Information obtained while employed by Ceridian. If Executive leaves
         the employ of Ceridian, Executive will not, without Ceridian's prior
         written consent, retain or take away any drawing, writing or other
         record in any form containing any Confidential Information.

5.02     BUSINESS CONDUCT AND ETHICS. During the term of employment with
         Ceridian, Executive will engage in no activity or employment which may
         conflict with the interest of Ceridian, and will comply with Ceridian's
         policies and guidelines pertaining to business conduct and ethics.

5.03     DISCLOSURE. Executive will disclose promptly in writing to Ceridian all
         inventions, discoveries, software, writings and other works of
         authorship which are conceived, made, discovered, or written jointly or
         singly on Ceridian time or on Executive's own time, providing the
         invention, improvement, discovery, software, writing or other work of
         authorship is capable of being used by Ceridian in the normal course of
         business, and all such inventions, improvements, discoveries, software,
         writings and other works of authorship shall belong solely to Ceridian.

5.04     INSTRUMENTS OF ASSIGNMENT. Executive will sign and execute all
         instruments of assignment and other papers to evidence transfer of
         Executive's entire right, title and interest in such inventions,
         improvements, discoveries, software, writings or other works of
         authorship in Ceridian, at the request and the expense of Ceridian, and
         Executive will do all acts and sign all instruments of assignment and
         other papers Ceridian may reasonably request relating to applications
         for patents, patents, copyrights, and the enforcement and protection
         thereof. If Executive is needed, at any time, to give testimony,
         evidence, or opinions in any litigation or proceeding involving any
         patents or copyrights or applications for patents or copyrights, both
         domestic and foreign, relating to inventions, improvements,
         discoveries, software, writings or other works of authorship conceived,
         developed or reduced to practice by Executive, Executive agrees to do
         so, and if Executive leaves the employ of Ceridian, Ceridian shall pay
         Executive at a rate mutually agreeable to Executive and Ceridian, plus
         reasonable traveling or other expenses.

5.05     INVENTIONS DEVELOPED ON EXECUTIVE'S OWN TIME. The two immediately
         preceding sections entitled "Disclosure" and "Instruments of
         Assignment" do not apply to inventions in which a Ceridian claim of any
         rights will create a violation of Chapter 181 Minnesota Statutes,
         Section 181.78, reproduced below and constituting the written
         notification of its Subdivision 3.

         181.78 Agreements; terms relating to inventions

         Subdivision 1.

         Any provision in an employment agreement which provides that an
         employee shall assign or offer to assign any of the employee's rights
         in an invention to the employer shall not apply to an invention for
         which no equipment, supplies, facility or trade secret

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         information of the employer was used and which was developed entirely
         on the employee's own time, and (1) which does not relate (a) directly
         to the business of the employer or (b) to the employer's actual or
         demonstrably anticipated research or development, or (2) which does not
         result from any work performed by the employee for the employer. Any
         provision which purports to apply to such an invention is to that
         extent against the public policy of this state and is to that extent
         void and unenforceable.

         Subdivision 2.

         No employer shall require a provision made void and unenforceable by
         subdivision 1 as a condition of employment or continuing employment.

         Subdivision 3.

         IF AN EMPLOYMENT AGREEMENT ENTERED INTO AFTER AUGUST 1, 1977, CONTAINS
         A PROVISION REQUIRING THE EMPLOYEE TO ASSIGN OR OFFER TO ASSIGN ANY OF
         THE EMPLOYEE'S RIGHTS IN ANY INVENTION TO AN EMPLOYER, THE EMPLOYER
         MUST ALSO, AT THE TIME THE AGREEMENT IS MADE, PROVIDE A WRITTEN
         NOTIFICATION TO THE EMPLOYEE THAT THE AGREEMENT DOES NOT APPLY TO AN
         INVENTION FOR WHICH NO EQUIPMENT, SUPPLIES, FACILITY OR TRADE SECRET
         INFORMATION OF THE EMPLOYER WAS USED AND WHICH WAS DEVELOPED ENTIRELY
         ON THE EMPLOYEE'S OWN TIME, AND (1) WHICH DOES NOT RELATE (a) DIRECTLY
         TO THE BUSINESS OF THE EMPLOYER OR (b) TO THE EMPLOYER'S ACTUAL OR
         DEMONSTRABLY ANTICIPATED RESEARCH OR DEVELOPMENT, OR (2) WHICH DOES NOT
         RESULT FROM ANY WORK PERFORMED BY THE EMPLOYEE FOR THE EMPLOYER.

5.06     EXECUTIVE'S DECLARATION. Executive has no inventions, data bases,
         improvements, discoveries, software, writings or other works of
         authorship useful to Ceridian in the normal course of business, which
         were conceived, made or written prior to the date of this Agreement and
         which are excluded from this Agreement.

5.07     SURVIVAL. The obligations of this Article V shall survive the
         expiration or termination of this Agreement and Executive's employment.

                                   ARTICLE VI

             NON-COMPETITION, NON-RECRUITMENT, AND NON-DISPARAGEMENT

6.01     GENERAL. The parties hereto recognize and agree that (a) Executive is a
         senior executive of Ceridian and is a key executive of Ceridian, (b)
         Executive has received, and will in the future receive, substantial
         amounts of Confidential Information, (c) Ceridian's business is
         conducted on a worldwide basis, and (d) provision for non-competition,
         non-recruitment and non-disparagement obligations by Executive is
         critical to Ceridian's continued

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         economic well-being and protection of Ceridian's Confidential
         Information. In light of these considerations, this Article VI sets
         forth the terms and conditions of Executive's obligations of
         non-competition, non-recruitment and non-disparagement subsequent to
         the termination of this Agreement and/or Executive's employment for any
         reason other than a Change of Control Termination. Sections 6.02 and
         6.03 of this Agreement shall be of no further force or effect upon a
         Change of Control Termination.

6.02     NON-COMPETITION.

         (a)      During the term of this Agreement, Executive will devote full
                  time and energy to furthering Ceridian's business and will not
                  pursue any other business activity without Ceridian's written
                  consent. Unless the obligation is waived or limited by
                  Ceridian in accordance with subsection (b) of this Section
                  6.02, Executive agrees that during his employment with
                  Ceridian and for a period of two years following termination
                  of employment for any reason other than a Change of Control
                  Termination ("Non-Compete Period"), Executive will not
                  directly or indirectly, alone or as a partner, officer,
                  director, shareholder or employee of any other firm or entity,
                  engage in any commercial activity in competition with any part
                  of Ceridian's business as conducted as of the date of such
                  termination of employment or with any part of Ceridian's
                  contemplated business with respect to which Executive has
                  Confidential Information. For purposes of this subsection (a),
                  "shareholder" shall not include beneficial ownership of less
                  than five percent (5%) of the combined voting power of all
                  issued and outstanding voting securities of a publicly held
                  corporation whose stock is traded on a major stock exchange.
                  Also for purposes of this subsection (a), "Ceridian's
                  business" shall include business conducted by Ceridian or its
                  affiliates and any partnership or joint venture in which
                  Ceridian or its affiliates is a partner or joint venturer;
                  provided that, "affiliate" as used in this sentence shall not
                  include any corporation in which Ceridian has ownership of
                  less than fifteen percent (15%) of the voting stock.

         (b)      At its sole option Ceridian may, by written notice to
                  Executive at any time within the Non-Compete Period, waive or
                  limit the time and/or geographic area in which Executive
                  cannot engage in competitive activity.

         (c)      During the Non-Compete Period, prior to accepting employment
                  with or agreeing to provide consulting services to, any firm
                  or entity which offers competitive products or services,
                  Executive shall give 30 days prior written notice to Ceridian.
                  Such written notice shall describe the firm and the employment
                  or consulting services to be rendered to the firm or entity,
                  and shall include a copy of the written offer of employment or
                  engagement of consulting services. Ceridian's failure to
                  respond or object to such notice shall not in any way
                  constitute acquiescence or waiver of Ceridian's rights under
                  this Article VI.

         (d)      In the event Executive has provided notice to Ceridian
                  pursuant to subsection (c) of this Section 6.02 and has not
                  accepted employment with or agreed to provide consulting
                  services to, any firm or entity directly as a result of his
                  non-

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                  competition obligation pursuant to this Section 6.02, Ceridian
                  shall pay Executive an amount equal to the usual rate of
                  Executive's Base Salary in effect at the time of termination
                  on a regular payroll period basis until the end of the
                  Non-Compete Period. There shall be credited against Ceridian's
                  obligation to make such payments any other payments made by
                  Ceridian to Executive pursuant to Article IV of this
                  Agreement. In the event that Ceridian elects, pursuant to
                  subsection (b) of this Section 6.02, to waive all or any
                  portion of the non-competition obligation set forth in
                  subsection (a) hereof, no payment shall be required by
                  Ceridian with respect to the portion of the Non-Compete Period
                  which has been waived.

(e)               In the event Executive fails to provide notice to Ceridian
                  pursuant to subsection (c) of this Section 6.02 and/or in
                  anyway violates its non-competition obligation pursuant to
                  Section 6.02, Ceridian may enforce all of its rights and
                  remedies provided to it under this Agreement, in law and in
                  equity, and Executive shall be deemed to have expressly waived
                  any rights he may have had to payments under subsection (d) of
                  this Section 6.02.

6.03     NON-RECRUITMENT. During the term of employment and for a period of two
         years following termination of employment for any reason other than a
         Change of Control Termination, Executive will not directly or
         indirectly hire any of Ceridian's employees, or solicit any of
         Ceridian's employees for the purpose of hiring them or inducing them to
         leave their employment with Ceridian, nor will Executive own, manage,
         operate, join, control, consult with, participate in the ownership,
         management, operation or control of, be employed by, or be connected in
         any manner with any person or entity which engages in the conduct
         proscribed in this Section 6.03. This provision shall not preclude
         Executive from responding to a request (other than by Executive's
         employer) for a reference with respect to an individual's employment
         qualifications.

6.04     NON-DISPARAGEMENT. Executive will not, during the term or after the
         termination or expiration of this Agreement or Executive's employment,
         make disparaging statements, in any form, about Ceridian, its officers,
         directors, agents, employees, products or services which Executive
         knows, or has reason to believe, are false or misleading.

6.05     SURVIVAL AND ENFORCEABILITY. The obligations of this Article VI shall
         survive the expiration or termination of this Agreement and Executive's
         employment. Should any provision of this Article VI be held invalid or
         illegal, such illegality shall not invalidate the whole of this Article
         VI or the Agreement, but, rather, Article VI shall be construed as if
         it did not contain the illegal part or narrowed to permit its
         enforcement, and the rights and obligations of the parties shall be
         construed and enforced accordingly. In furtherance of and not in
         limitation of the foregoing, Executive expressly agrees that should the
         duration of or geographical extent of, or business activities covered
         by, any provision of this Article VI be in excess of that which is
         valid or enforceable under applicable law, then such provision shall be
         construed to cover only that duration, extent or activities that may
         validly be covered. Executive acknowledges the uncertainty of the law
         in this respect and expressly stipulates that this Article VI shall be
         construed in a manner that renders its provisions valid and enforceable
         to the maximum extent (not exceeding its express terms)

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         possible under applicable law. This Article VI does not replace and is
         in addition to any other agreements Executive may have with Ceridian on
         the matters addressed herein.

                                   ARTICLE VII

                                CHANGE OF CONTROL

7.01     DEFINITIONS. For purposes of this Article VII, the following
         definitions shall be applied:

         (a)      "BENEFIT PLAN" means any formal or informal plan, program or
                  other arrangement heretofore or hereafter adopted by Ceridian
                  for the direct or indirect provision of compensation to
                  Executive (including groups or classes of participants or
                  beneficiaries of which Executive is a member), whether or not
                  such compensation is deferred, is in the form of cash or other
                  property or rights, or is in the form of a benefit to or for
                  Executive.

         (b)      "CHANGE OF CONTROL" shall mean the first of the following
                  events to occur:

                  (1)      there is consummated a merger or consolidation to
                           which Ceridian or any direct or indirect subsidiary
                           of Ceridian is a party if the merger or consolidation
                           would result in the voting securities of Ceridian
                           outstanding immediately prior to such merger or
                           consolidation continuing to represent (either by
                           remaining outstanding or by being converted into
                           voting securities of the surviving entity or any
                           parent thereof) less than 60% of the combined voting
                           power of the securities of Ceridian or such surviving
                           entity or any parent thereof outstanding immediately
                           after such merger or consolidation; or

                  (2)      the direct or indirect beneficial ownership (as
                           defined in Rule 13d-3 under the Securities Exchange
                           Act of 1934, as amended (the "Exchange Act") in the
                           aggregate of securities of Ceridian representing
                           twenty percent (20%) or more of the total combined
                           voting power of Ceridian's then issued and
                           outstanding securities is acquired by any person or
                           entity, or group of associated persons or entities
                           acting in concert; provided, however, that for
                           purposes hereof, the following acquisitions shall not
                           constitute a Change of Control: (A) any acquisition
                           by Ceridian or any of its subsidiaries, (B) any
                           acquisition directly from Ceridian or any of its
                           subsidiaries, (C) any acquisition by any employee
                           benefit plan (or related trust or fiduciary)
                           sponsored or maintained by Ceridian or any
                           corporation controlled by Ceridian, (D) any
                           acquisition by an underwriter temporarily holding
                           securities pursuant to an offering of such
                           securities, (E) any acquisition by a corporation
                           owned, directly or indirectly, by the stockholders of
                           Ceridian in substantially the same proportions as
                           their ownership of stock of Ceridian, (F) any
                           acquisition in connection with which, pursuant to
                           Rule 13d-1 promulgated pursuant to the Exchange Act,
                           the individual, entity or group is permitted to, and
                           actually does, report its

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<PAGE>
                           beneficial ownership on Schedule 13G (or any
                           successor Schedule); provided that, if any such
                           individual, entity or group subsequently becomes
                           required to or does report its beneficial ownership
                           on Schedule 13D (or any successor Schedule), then,
                           for purposes of this paragraph, such individual,
                           entity or group shall be deemed to have first
                           acquired, on the first date on which such individual,
                           entity or group becomes required to or does so report
                           on Schedule 13D, beneficial ownership of all of the
                           voting securities of Ceridian beneficially owned by
                           it on such date, and (G) any acquisition in
                           connection with a merger or consolidation which,
                           pursuant to paragraph (1) above, does not constitute
                           a Change of Control; or

                  (3)      there is consummated a transaction contemplated by an
                           agreement for the sale or disposition by Ceridian of
                           all or substantially all of Ceridian's assets, other
                           than a sale or disposition by Ceridian of all or
                           substantially all of Ceridian's assets to an entity,
                           at least 60% of the combined voting power of the
                           voting securities of which are owned by stockholders
                           of Ceridian in substantially the same proportions as
                           their ownership of Ceridian immediately prior to such
                           sale; or

                  (4)      the stockholders of Ceridian approve any plan or
                           proposal for the liquidation of Ceridian; or

                  (5)      a change in the composition of the Board such that
                           the "Continuity Directors" cease for any reason to
                           constitute at least a majority of the Board. For
                           purposes of this clause, "Continuity Directors" means
                           (A) those members of the Board who were directors on
                           the date hereof and (B) those members of the Board
                           (other than a director whose initial assumption of
                           office was in connection with an actual or threatened
                           election contest, including but not limited to a
                           consent solicitation, relating to the election of
                           directors of Ceridian) who were elected or appointed
                           by, or on the nomination or recommendation of, at
                           least a two-thirds (2/3) majority of the
                           then-existing directors who either were directors on
                           the date hereof or were previously so elected or
                           appointed; or

                  (6)      such other event or transaction as the Board shall
                           determine constitutes a Change of Control.

         (c)      "CHANGE OF CONTROL COMPENSATION" means any payment or benefit
                  (including any transfer of property) in the nature of
                  compensation, to or for the benefit of Executive under this
                  Agreement or any Other Agreement or Benefit Plan, which is
                  considered to be contingent on a change in the ownership or
                  effective control of Ceridian for purposes of Section 280G of
                  the Code.

         (d)      "CHANGE OF CONTROL TERMINATION" means, with respect to
                  Executive, either of the following events occurring on or
                  within two years after a Change of Control:

                                       13
<PAGE>
                  (1)      Termination of Executive's employment by Ceridian for
                           any reason other than (A) fraud, (B) theft or
                           embezzlement of Ceridian assets, (C) intentional
                           violations of law involving moral turpitude, or (D)
                           failure to follow Ceridian's conduct and ethics
                           policies; or

                  (2)      Termination of employment with Ceridian by Executive
                           for Good Reason.

         A Change of Control Termination by Executive shall not, however,
         include termination by reason of death or Disability. A termination of
         Executive's employment by Ceridian shall not constitute a termination
         described in clauses (A) through (D) of Section 7.01(d)(1) unless (i)
         there has been delivered to Executive by the Board, at least 10 days
         prior to such termination, a written notice which specifically
         identifies conduct described in clauses (A), (B), (C) or (D) of Section
         7.01(d)(1) in which the Board believes Executive has engaged and
         provides Executive an opportunity to cure such conduct and (ii) the
         Board has duly adopted (following the expiration of the aforementioned
         cure period) a resolution, by the affirmative vote of not less than
         two-thirds (2/3) of the entire membership of the Board at a meeting of
         the Board which was called and held for the purpose of considering such
         termination (after reasonable notice to the Executive and an
         opportunity for the Executive, together with the Executive's counsel,
         to be heard before the Board) finding that, in the good faith opinion
         of the Board, the Executive was guilty of conduct described in clauses
         (A), (B), (C) or (D) of Section 7.01(d)(1), and specifying the
         particulars thereof in detail. For purposes of this Agreement,
         Executive's employment shall be deemed to have been terminated pursuant
         to a Change of Control Termination, if Executive's employment is
         terminated by Ceridian other than for the reasons described in clauses
         (A) through (D) of Section 7.01(d)(1) during the pendency of a
         Potential Change of Control and Executive reasonably demonstrates that
         such termination was at the request or direction of a person or entity
         who has entered into an agreement, the consummation of which would
         result in a Change of Control, or is otherwise in connection with or in
         anticipation of a Change of Control (whether or not a Change of Control
         ever occurs). For purposes of this Agreement, in the event of a
         termination described in the preceding sentence, a Change of Control
         will be deemed to have occurred immediately prior to the termination of
         Executive's employment for purposes of this Agreement.

         (e)      "CODE" means the Internal Revenue Code of 1986, as amended.
                  Any reference to a section of the Code shall include the
                  corresponding section of such Code as from time to time
                  amended.

         (f)      "GOOD REASON" means a good faith determination by Executive,
                  in Executive's sole and absolute judgment, that any one or
                  more of the following events has occurred, without Executive's
                  express written consent, on or after a Change of Control:

                  (1)      A change in Executive's reporting responsibilities,
                           titles or offices as in effect immediately prior to
                           the Change of Control, or any removal of

                                       14
<PAGE>
                           Executive from, or any failure to re-elect
                           Executive to, any of such positions, which has the
                           effect of materially diminishing Executive's
                           responsibility or authority (it being expressly
                           understood that Executive shall have Good Reason if
                           he ceases to be an executive officer of a
                           publicly-held corporation);

                  (2)      A reduction by Ceridian in Executive's Base Salary,
                           bonus opportunity or annual perquisite cash adder as
                           in effect immediately prior to the Change of Control
                           or as the same may be increased from time to time
                           thereafter or any failure by Ceridian to pay any
                           portion of Executive's compensation when due;

                  (3)      Ceridian requiring Executive to be based anywhere
                           other than within 50 miles of Executive's job
                           location at the time of the Change of Control;

                  (4)      Without replacement by plans, programs, or
                           arrangements which, taken as a whole, provide
                           benefits to Executive at least reasonably comparable
                           to those discontinued or adversely affected, (A) the
                           failure by Ceridian to continue in effect any
                           pension, bonus, incentive, stock ownership, purchase,
                           option, life insurance, health, accident, disability,
                           or any other employee compensation or benefit plan,
                           program or arrangement, in which Executive is
                           participating immediately prior to a Change of
                           Control; or (B) the taking of any action by Ceridian
                           that would materially and adversely affect
                           Executive's participation or materially reduce
                           Executive's benefits under any of such plans,
                           programs or arrangements;

                  (5)      The failure by Ceridian to provide office space,
                           furniture, and secretarial support at least
                           comparable to that provided Executive immediately
                           prior to the Change of Control or the taking of any
                           similar action by Ceridian that would materially
                           adversely affect the working conditions in or under
                           which Executive performs his employment duties;

                  (6)      If Executive's primary employment duties are with a
                           Subsidiary, the sale, merger, contribution, transfer
                           or any other transaction in conjunction with which
                           Parent Corporation's ownership interest in such
                           Subsidiary decreases below the level specified in
                           Section 1.07 of Article I unless (A) this Agreement
                           is assigned to the purchaser/transferee with the
                           provisions of Article VII in full force and effect
                           and operative as if a Change of Control has occurred
                           with respect to the purchaser/transferee as Parent
                           Corporation immediately after the purchase/transfer
                           becomes effective, and (B) such purchaser/transferee
                           has a creditworthiness reasonably equivalent to
                           Parent Corporation's; or

                  (7)      Any material breach of this Agreement by Ceridian.

                                       15
<PAGE>
         Executive's right to terminate employment for Good Reason shall not be
         affected by Executive's incapacity due to physical or mental illness.
         Executive's continued employment shall not constitute consent to, or a
         waiver of rights with respect to, any event constituting Good Reason
         hereunder.

         (g)      "OTHER AGREEMENTS" means any agreement, contract or
                  understanding heretofore or hereafter entered into between
                  Executive and Ceridian for the direct or indirect provision of
                  compensation to Executive.

         (h)      "POTENTIAL CHANGE OF CONTROL" shall be deemed to have occurred
                  if the event set forth in any one of the following subsections
                  shall have occurred: (A) Ceridian enters into an agreement,
                  the consummation of which would result in the occurrence of a
                  Change of Control; (B) Ceridian or any person or entity
                  publicly announces an intention to take or to consider taking
                  actions which, if consummated, would constitute a Change of
                  Control; (C) any person becomes the beneficial owner (as
                  defined in Rule 13d-3 under the Exchange Act), directly or
                  indirectly, of securities of Ceridian representing 15% or more
                  of either the then outstanding shares of common stock of
                  Ceridian or the combined voting power of Ceridian's then
                  outstanding securities; or (D) the Board adopts a resolution
                  to the effect that, for purposes of this Agreement, a
                  Potential Change of Control has occurred.

7.02     TERMINATION BY EXECUTIVE. The termination of Executive's employment as
         described in Section 7.01(d)(2) shall be accomplished by, and effective
         upon, Executive giving written notice to Ceridian of Executive's
         decision to terminate. Except as otherwise expressly provided in this
         Agreement, upon the exercise of said right, all obligations and duties
         of Executive under this Agreement shall be of no further force and
         effect.

7.03     CHANGE OF CONTROL TERMINATION PAYMENT.

         (a)      In the event of a Change of Control Termination, Ceridian
                  shall, within five days of such termination, make a lump sum
                  payment to Executive in an amount equal to three times the sum
                  of (i) 12 months of Base Salary at the rate in effect at the
                  time of Executive's termination (without giving effect to any
                  reduction in Base Salary constituting Good Reason), (ii) the
                  bonus, if any, that Executive would have earned under all
                  applicable Ceridian bonus plans for the year in which the
                  termination occurs had "superior" goals been achieved (without
                  giving effect to any reduction in bonus opportunity
                  constituting Good Reason), and (iii) the annual perquisite
                  cash adder Executive would have received in the year in which
                  the termination occurs (without giving effect to any reduction
                  in the annual cash adder constituting Good Reason). Ceridian
                  shall also pay to Executive, within five days of such
                  termination, a prorated portion of Executive's bonus
                  compensation for the fiscal year in which the Change of
                  Control Termination occurs (assuming that any applicable
                  performance objectives were achieved at the "target" level of
                  performance and without giving effect to any reduction in
                  bonus opportunity constituting Good Reason) calculated by
                  multiplying (A) the

                                       16
<PAGE>
              maximum achievable amount of such bonus compensation by (B) a
              fraction, the numerator of which is the number of days in the
              applicable fiscal year through the date of termination and the
              denominator of which is 365.

       (b)    In addition to the payments made pursuant to Section 7.03(a)
              hereof, in the event the Change of Control Termination that
              occurred during the term of this Agreement, then, and without
              further action by the Board, Compensation Committee or otherwise,
              Ceridian shall provide also to Executive a pension supplement
              equivalent to the difference, if any, between: (i) the monthly
              benefits to which Executive would have been entitled under the
              defined benefit pension plan or plans in which Executive
              participates immediately prior to the Change of Control
              Termination which includes an additional three years of age and
              service; and (ii) the amount to which Executive is, in fact,
              entitled under such defined benefit pension plan or plans.

       (c)    Neither the payments made or the pension supplement provided
              pursuant to this Section 7.03 nor any other compensation to be
              provided to Executive by Ceridian pursuant to this Agreement or
              any Other Agreement or Benefit Plan which may be considered Change
              of Control Compensation shall be subject to any limitation on
              Change of Control Compensation which may otherwise be expressed in
              any such other Agreement or Benefit Plan.

       (d)    Following a Change of Control Termination, Ceridian shall provide
              Executive with outplacement services suitable to the Executive's
              position for a period of three years or, if earlier, until the
              first acceptance by the Executive of an offer of employment.
              Following a Change of Control Termination, Ceridian shall
              reimburse Executive for all customary relocation expenses incurred
              by Executive in one move out of Executive's state of residence
              within the one year period following such Change of Control
              Termination.

       (e)    In the event of a Change of Control Termination, all outstanding
              Ceridian options and other equity awards held by Executive shall
              become fully vested and exercisable and, if applicable, free from
              all restrictions.

       (f)    The payments and benefits described in this Article VII shall be
              conditioned upon Executive executing (and not effectively
              rescinding) a release of claims against Ceridian substantially
              identical to that attached as Exhibit A hereto.

7.04   TAX REIMBURSEMENT.

       (a)    Anything in this Agreement to the contrary notwithstanding, in the
              event it shall be determined that any payments or distributions by
              Ceridian, any person or entity whose actions result in a Change of
              Control or any person or entity affiliated with the Company or
              such person or entity, to or for the benefit of Executive (whether
              paid or payable or distributed or distributable pursuant to the
              terms of this Agreement or otherwise, but determined without
              regard to any payments required

                                       17
<PAGE>
              under this Section 7.04) (collectively, the "Payments") would be
              subject to the excise tax imposed by Section 4999 of the Code or
              any interest or penalties are incurred by Executive with respect
              to such excise tax (such excise tax, together with any such
              interest and penalties, are hereinafter collectively referred to
              as the "Excise Tax"), then Executive shall be entitled to receive
              an additional payment (a "Gross-Up Payment") in an amount such
              that, after payment by Executive of all taxes (and any interest or
              penalties imposed with respect to such taxes), including any
              income taxes and Excise Tax imposed upon the Gross-Up Payment,
              Executive retains an amount of the Gross-Up Payment equal to the
              Excise Tax imposed upon the Payments.

       (b)    Subject to the provisions of Section 7.04(d), all determinations
              required to be made under this Section 7.04, including whether and
              when a Gross-Up Payment is required and the amount such Gross-Up
              Payment and the assumptions to be utilized in arriving at such
              determination, shall be made by Ceridian's external auditors (the
              "Accounting Firm"), which shall provide detailed supporting
              calculations both to Ceridian and Executive within 15 business
              days of the receipt of notice from Executive that there has been a
              Payment, or such earlier time as is requested by Ceridian. In the
              event that the Accounting Firm is serving as accountant or auditor
              for the individual, entity or group effecting the Change of
              Control, Executive shall appoint another nationally recognized
              accounting firm to make the determinations required hereunder
              (which accounting firm shall then be referred to as the
              "Accounting Firm" hereunder). All fees and expenses of the
              Accounting Firm shall be borne solely by Ceridian. Any Gross-Up
              Payment, as determined pursuant to this Section 7.04, shall be
              paid by Ceridian to Executive within five days of the receipt of
              the Accounting Firm's determination. Any determination by the
              Accounting Firm shall be binding upon Ceridian and Executive.

       (c)    As a result of uncertainty in the application of Section 4999 of
              the Code at the time of the initial determination by the
              Accounting Firm hereunder, it is possible that Gross-Up Payments
              which should have been made by Ceridian will not have been made
              ("Underpayment"), consistent with the calculations required to be
              made hereunder. In the event that Ceridian exhausts its remedies
              pursuant to Section 7.04(d) and Executive thereafter is required
              to make a payment of any additional Excise Tax, the Accounting
              Firm shall determine the amount of the Underpayment that has
              occurred and any such Underpayment shall be promptly paid by
              Ceridian to or for the benefit of Executive.

       (d)    Executive shall notify Ceridian in writing of any claim by the
              Internal Revenue Service or any other taxing authority that, if
              successful, would require the payment by Ceridian of any Gross-Up
              Payment. Such notification shall be given as soon as practicable
              but no later than ten business days after Executive knows of such
              claim and shall apprise Ceridian of the nature of such claim and
              the date on which such claim is requested to be paid. Executive
              shall not pay such claim prior to the expiration of the thirty-day
              period following the date on which it gives

                                       18
<PAGE>
              such notice to Ceridian (or such shorter period ending on the date
              that any payment of taxes with respect to such claim is due). If
              Ceridian notifies Executive in writing prior to the expiration of
              such period that it desires to contest such claim, Executive
              shall:

                            (i)    give Ceridian any information reasonably
                                   requested by Ceridian relating to such claim;

                            (ii)   take such action in connection with
                                   contesting such claim as Ceridian shall
                                   reasonably request in writing from time to
                                   time, including accepting legal
                                   representation with respect to such claim by
                                   an attorney reasonably selected by Ceridian;

                            (iii)  cooperate with Ceridian in good faith in
                                   order to effectively contest such claim; and

                            (iv)   permit Ceridian to participate in any
                                   proceedings relating to such claim;

              provided, however, that Ceridian shall bear and pay directly all
              costs and expenses (including additional interest and penalties)
              incurred in connection with such contest and shall indemnify and
              hold Executive harmless, on an after-tax basis, for any Excise Tax
              or income tax (including interest and penalties with respect
              thereto) imposed as a result of such representation and payment of
              costs and expenses. Without limitation on the foregoing provisions
              of this Section 7.04(d), Ceridian shall control all proceedings
              taken in connection with such contest and, at its sole option, may
              pursue or forego any and all administrative appeals, proceedings,
              hearings and conferences with the taxing authority in respect of
              such claim and may, at its sole option, either direct Executive to
              pay the tax claimed and sue for a refund or contest the claim in
              any permissible manner, and Executive agrees to prosecute such
              contest to a determination before any administrative tribunal, in
              a court of initial jurisdiction and in one or more appellate
              courts, as Ceridian shall determine; provided further, however,
              that if Ceridian directs Executive to pay such claim and sue for a
              refund, Ceridian shall advance the amount of such payment to
              Executive on an interest-free basis and shall indemnify and hold
              Executive harmless, on an after-tax basis, from any Excise Tax or
              income tax (including interest or penalties with respect thereto)
              imposed with respect to such advance or with respect to any
              imputed income with respect to such advance; and provided further
              that any extension of the statute of limitations relating to
              payment of taxes for the taxable year of Executive with respect to
              which such contested amount is claimed to be due is limited solely
              to such contested amount. Furthermore, Ceridian's control of the
              contest shall be limited to issues with respect to which a
              Gross-Up Payment would be payable hereunder and Executive shall be
              entitled to settle or contest, as the case may be,

                                       19
<PAGE>
              any other issue raised by the Internal Revenue Service or any
              other taxing authority.

       (e)    If, after the receipt by Executive of an amount advanced by
              Ceridian pursuant to Section 7.04(d), Executive becomes entitled
              to receive any refund with respect to such claim, Executive shall
              (subject to Ceridian's complying with the requirements of Section
              7.04(d)) promptly pay to Ceridian the amount of such refund
              (together with any interest paid or credited thereon after taxes
              applicable thereto). If, after the receipt by Executive of an
              amount advanced by Ceridian pursuant to Section 7.04(d), a
              determination is made that Executive shall not be entitled to any
              refund with respect to such claim and Ceridian does not notify
              Executive in writing of its intent to contest such denial of
              refund prior to the expiration of thirty days after such
              determination, then such advance shall be forgiven and shall not
              be required to be repaid and the amount of such advance shall
              offset, to the extent thereof, the amount of Gross-Up Payment
              required to be paid.

7.05   INTEREST. In the event Ceridian does not make timely payment in full of
       the Change of Control Termination Payment described in Section 7.03,
       Executive shall be entitled to receive interest on any unpaid amount at
       the lower of: (a) the prime rate of interest (or such comparable index as
       may be adopted) established from time to time by the Bank of America
       National Trust and Savings Association, New York, New York or its
       successor in interest; or (b) the maximum rate permitted under Section
       280G(d)(4) of the Internal Revenue Code.

7.06   ATTORNEYS' FEES. In the event Executive incurs any legal expense to
       enforce or defend his rights under this Article VII of this Agreement, or
       to recover damages for breach thereof, Executive shall be entitled to
       recover from Ceridian any expenses for attorneys' fees and disbursements
       incurred. Such payments shall be made within five (5) business days after
       delivery of Executive's written requests for payment accompanied with
       such evidence of fees and expenses incurred as Ceridian reasonably may
       require.

7.07   BENEFITS CONTINUATION. In the event of a Change of Control Termination,
       Executive shall, until age 65, be entitled to receive from Ceridian
       health, dental, accidental death and dismemberment, and life insurance
       coverage substantially equivalent to the coverage Executive had on the
       day immediately prior to the Change of Control, including any coverage
       then in effect for Executive's spouse, domestic partner or dependents.
       Executive shall be required to pay no more for the above mentioned
       benefits than the amount Executive would have been required to pay had
       Executive continued to be an active employee of Ceridian. If continuation
       of any of such coverage is made available to employees terminating at age
       55 with 15 or more years of service, Executive shall be required to pay
       no more for continuation than is required of such employees on the day
       immediately prior to the Change of Control. If the provision of any such
       coverage to Executive causes inclusion of any amount in Executive's gross
       income that would not have been so included had Executive received such
       coverage as an active employee, Ceridian shall pay Executive the amount
       necessary to wholly offset the federal and state

                                       20
<PAGE>
       income taxes attributable to such amount and the tax reimbursement
       amounts paid pursuant to this sentence.

7.08   MITIGATION; OFFSET. Following a Change of Control Termination, Executive
       is not required to seek other employment or to attempt in any way to
       reduce any amounts payable to the Executive by pursuant to this Article
       VII. The amount of any payment or benefit provided for in this Agreement
       shall not be reduced by any compensation earned by Executive as the
       result of employment by another employer, by retirement benefits, by
       offset against any amount claimed to be owed by Executive to Parent
       Corporation, any Subsidiary or otherwise.

                                  ARTICLE VIII

                           CHANGE OF SUBSIDIARY STATUS

In the event that, prior to a Change of Control: (a) a Subsidiary is sold,
merged, contributed, or in any other manner transferred, or if for any reason
Parent Corporation's ownership interest in any such Subsidiary falls below the
level specified in Section 1.07, (b) Executive's primary employment duties are
with the Subsidiary at the time of the occurrence of such event, and (c)
Executive does not, in conjunction therewith, transfer employment directly to
Parent Corporation or another Subsidiary, then:

       (1)    If Executive gives his written consent to the assignment of this
              Agreement to such Subsidiary, or to the purchaser or new majority
              interest holder of such Subsidiary, (and such assignment is
              accepted) this Agreement shall remain in full force and effect
              between Executive and the assignee, except that the provisions of
              Article VII of this Agreement shall become null and void;

       (2)    If such assignment is not accepted by the Subsidiary or purchaser,
              then this Agreement shall be deemed to have been terminated by
              Ceridian without cause pursuant to Section 4.03 of Article IV; and

       (3)    In all other cases, this Agreement shall be deemed terminated for
              cause pursuant to Section 4.02 of Article IV.

                                   ARTICLE IX

                               GENERAL PROVISIONS

9.01   NO ADEQUATE REMEDY. The parties declare that it is impossible to measure
       in money the damages which will accrue to either party by reason of a
       failure to perform any of the obligations under this Agreement and
       therefore injunctive relief is appropriate. Therefore, if either party
       shall institute any action or proceeding to enforce the provisions
       hereof, such party against whom such action or proceeding is brought
       hereby waives the

                                       21
<PAGE>
       claim or defense that such party has an adequate remedy at law, and such
       party shall not urge in any such action or proceeding the claim or
       defense that such party has an adequate remedy at law.

9.02   SUCCESSORS AND ASSIGNS. Except as otherwise provided in Article VIII,
       this Agreement shall be binding upon and inure to the benefit of the
       successors and assigns of Parent Corporation and each Subsidiary, whether
       by way of merger, consolidation, operation of law, assignment, purchase
       or other acquisition of substantially all of the assets or business of
       Ceridian, and any such successor or assign shall absolutely and
       unconditionally assume all of Ceridian's obligations hereunder.

9.03   NOTICES. All notices, requests and demands given to or made pursuant
       hereto shall, except as otherwise specified herein, be in writing and be
       delivered or mailed to any such party at its address:

       (a)    Ceridian Corporation 3311 East Old Shakopee Road Minneapolis,
              Minnesota 55425-1640 Attention: Office of General Counsel

       (b)    In the case of Executive shall be:

              At the address listed on the last page of this Agreement.

              Either party may, by notice hereunder, designate a changed
              address. Any notice, if mailed properly addressed, postage
              prepaid, registered or certified mail, shall be deemed dispatched
              on the registered date or that stamped on the certified mail
              receipt, and shall be deemed received within the second business
              day thereafter or when it is actually received, whichever is
              sooner.

9.04   CAPTIONS. The various headings or captions in this Agreement are for
       convenience only and shall not affect the meaning or interpretation of
       this Agreement.

9.05   GOVERNING LAW. The validity, construction and performance of this
       Agreement shall be governed by the laws of the State of Minnesota and any
       and every legal proceeding arising out of or in connection with this
       Agreement shall be brought in the appropriate courts of the State of
       Minnesota, each of the parties hereby consenting to the exclusive
       jurisdiction of said courts for this purpose. The parties hereto
       expressly recognize and agree that the implementation of this Governing
       Law provision is essential in light of the fact that Parent Corporation's
       corporate headquarters and its principal executive offices are located
       within the State of Minnesota, and there is a critical need for
       uniformity in the interpretation and enforcement of the employment
       agreements between Ceridian and its senior executives.

9.06   CONSTRUCTION. Wherever possible, each provision of this Agreement shall
       be interpreted in such manner as to be effective and valid under
       applicable law, but if any provision of

                                       22
<PAGE>
       this Agreement shall be prohibited by or invalid under applicable law,
       such provision shall be ineffective only to the extent of such
       prohibition or invalidity without invalidating the remainder of such
       provision or the remaining provisions of this Agreement.

9.07   WAIVERS. No failure on the part of either party to exercise, and no delay
       in exercising, any right or remedy hereunder shall operate as a waiver
       thereof; nor shall any single or partial exercise of any right or remedy
       hereunder preclude any other or further exercise thereof or the exercise
       of any other right or remedy granted hereby or by any related document or
       by law.

9.08   MODIFICATION. Any changes or amendments to this Agreement must be in
       writing and signed by both parties.

9.09   ENTIRE AGREEMENT. This Agreement constitutes the entire agreement and
       understanding between the parties hereto in reference to all the matters
       herein agreed upon. This Agreement replaces in full all prior employment
       or Change of Control agreements or understandings of the parties hereto
       with respect to such subject matter, and any and all such prior
       agreements or understandings are hereby rescinded by mutual agreement.

                [REMAINDER OF THIS PAGE LEFT INTENTIONALLY BLANK]

                                       23
<PAGE>
IN WITNESS WHEREOF, The parties hereto have caused this Agreement to be duly
executed and delivered as of the day and year first above written.

EXECUTIVE                                CERIDIAN CORPORATION

/s/ John R. Eickhoff                     By:      /s/ Shirley J. Hughes
--------------------                              ---------------------
John R. Eickhoff                                  Shirley J. Hughes
                                         Title:   Senior Vice President, Human
                                                   Resources

Address:

------------------------------

------------------------------

------------------------------

                                       24
<PAGE>
                                                                       EXHIBIT A

                                     RELEASE

         I, John R. Eickhoff, in consideration of the payments of $_________
subject to appropriate withholding, which includes compensation to which I would
not be otherwise entitled, do, except as specifically provided below, hereby
fully and completely release and waive any and all claims, complaints, causes of
action or demands of whatever kind which I have or may have against Ceridian
Corporation, its predecessors, successors, subsidiaries and affiliates and all
past and present members of the Board of Directors, officers, employees and
agents of those persons and companies ("Ceridian") arising out of any actions,
conduct, decisions, behavior or events occurring up to the date of my execution
of this Release.

         I understand and accept that this Release specifically covers but is
not limited to any and all claims, complaints, causes of action or demands which
I have or may have against the above-referenced released parties relating in any
way to the terms, conditions and circumstances of my employment up to the date
of my signature below, any form of employment discrimination prohibited under
any state's human rights act, Title VII of the Federal Civil Rights Act of 1964
and the Federal Age Discrimination in Employment Act. I further understand that
this Release extends to but is not limited to all claims which I may have based
on statutory or common law claims for negligence or other breach of duty,
wrongful discharge, breach of contract, breach of any express or implied
promise, misrepresentation, fraud, retaliation, breach of public policy,
infliction of emotional distress, defamation, promissory estoppel, failure to
pay wages or any other theory, whether legal or equitable. Notwithstanding the
foregoing, I do not waive my rights to (i) enforce the performance by Ceridian
of its obligations under the Executive Employment Agreement between myself and
Ceridian (including, without limitation, the obligation to make the payments and
provide the benefits described in Article VII thereof if applicable), (ii) any
pension or other employee benefits payable pursuant to the terms of the
applicable plans of Ceridian or any affiliate, which benefits shall be paid or
provided in accordance with the terms of such plans or (iii) indemnification
from Ceridian with respect to my service with Ceridian, whether provided
pursuant to Ceridian's bylaws or otherwise.

         Nothing contained herein, however, shall be construed to prohibit me
from filing a charge with the Equal Employment Opportunity Commission, but my
release includes a release of my right to file a court action or to seek
individual remedies or damages in any Equal Employment Opportunity
Commission-filed court action, and my release of these rights shall apply with
full force and effect to any proceedings arising from or relating to such a
charge.

         I agree that my only remedy for any dispute I have about the
enforceability of this Release shall be to submit that dispute to final and
binding arbitration in accordance with the rules of the American Arbitration
Association. Ceridian and I agree that I must send written notice of any claim
to Ceridian by certified mail, return receipt requested. Written notice to
Ceridian shall be sent to its Secretary at 3311 East Old Shakopee Road,
Minneapolis, MN 55425-1640.

         I understand that I may rescind this Release if I do so in writing,
delivered by certified mail, return receipt requested, to Office of the General
Counsel, Ceridian Corporation, 3311 East

                                       25
<PAGE>
Old Shakopee Road, Minneapolis, MN 55425-1640, within fifteen (15) calendar days
of the date of my signature below. Upon the expiration of fifteen (15) calendar
days from the date indicated below, if I have not rescinded this Release, then
Ceridian Corporation shall promptly deliver to me the above-referenced payment,
subject to appropriate withholding, this Release being contingent upon payment
of that sum.

If sent by mail, the rescission must be:

         -        Postmarked within the 15 calendar-day period;

         -        Properly addressed to Ceridian; and

         -        Sent by certified mail, return receipt requested.

         By my signature below, I acknowledge that I fully understand and accept
the terms of this Release, and I represent and agree that my signature is
freely, voluntarily and knowingly given. I have had 21 days in which to consider
this agreement. By my signature below, I further acknowledge that I have been
provided a full opportunity to review and reflect on the terms of this Release
and to seek the advice of legal counsel of my choice, which advice I have been
encouraged to obtain.

         If I do not execute this Release within 30 days after I receive it, the
offer Ceridian has made for a payment herein is null and void.

Date:________________________                     ____________________________
                                                      John R. Eickhoff

                                       26<PAGE>
                                                                   EXHIBIT 10.02

                                                               EXECUTION VERSION

                       FIRST AMENDMENT TO CREDIT AGREEMENT

         THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this "Amendment"), dated as
of April 19, 2002, is entered into by and among CERIDIAN CORPORATION, a Delaware
corporation formerly known as New Ceridian Corporation (the "Borrower"), the
several financial institutions party to the Credit Agreement defined below (each
a "Lender" and, collectively, the "Lenders") and BANK OF AMERICA, N.A., as
administrative agent for itself and the other Lenders (in such capacity, the
"Administrative Agent").

                                    RECITALS

         A.       The Borrower, each Lender and the Administrative Agent are
parties to that certain Credit Agreement dated as of January 31, 2001 (the
"Credit Agreement") pursuant to which the Administrative Agent and the Lenders
have extended certain credit facilities to the Borrower.

         B.       The Borrower has requested that the Lenders agree to certain
amendments of the Credit Agreement.

         C.       The Lenders are willing to amend the Credit Agreement subject
to the terms and conditions of this Amendment.

         NOW, THEREFORE, for valuable consideration, the receipt and adequacy of
which are hereby acknowledged, the parties hereto hereby agree as follows:

         1.       Defined Terms. Unless otherwise defined herein, capitalized
terms used herein shall have the meanings, if any, assigned to them in the
Credit Agreement.

         2.       Amendments to Credit Agreement. The Credit Agreement shall be
amended as follows, effective as of the Effective Date:

                  (a) Section 1.01 of the Credit Agreement shall be amended at
the definition of "Permitted Securitization" by amending and restating clause
(a) thereof in its entirety as follows:

         (a) a transfer accompanied by the delivery of a customary true-sale
         opinion given by independent counsel to a Securitization Subsidiary or
         other Person of Permitted Receivables by Comdata for fair value
         consideration consisting of cash, cash plus a subordinated interest in,
         or subordinated indebtedness issued by, the Securitization Subsidiary
         or in the transferred Permitted Receivables, and that does not entail,
         directly or indirectly, recourse against the seller of such Permitted
         Receivables (or against any of such seller's Affiliates, other than a
         Securitization Subsidiary) by way of a guarantee or other direct or
         indirect support arrangement, with respect to the amount of such
         receivables based on the financial condition or circumstances of the
         obligor thereunder,

                                       1.
<PAGE>
         other than such limited recourse as is reasonable given market
         standards for transactions of a similar type, taking into account such
         factors as historical bad debt, loss experience and obligor
         concentration levels; and

                  (b) Section 7.05 of the Credit Agreement shall be amended at
clause (f) thereof by amending and restating such clause in its entirety as
follows:

                           (f) Contingent Obligations consisting of Guaranty
         Obligations of (i) the Borrower in respect of the Indebtedness of, or
         other obligation payable or performable by, any Wholly-Owned Subsidiary
         or (ii) any Subsidiary in respect of Indebtedness of, or other
         obligation payable or performable by, the Borrower or any Wholly-Owned
         Subsidiary;

                  (c) Section 7.13 of the Credit Agreement shall be amended by
amending and restating such Section in its entirety as follows:

                           7.13 CONTRACTS OF SUBSIDIARIES. The Borrower shall
         not permit any of its Subsidiaries (other than any Canadian payroll
         processing Subsidiary of the Borrower in existence as of the Closing
         Date or any Securitization Subsidiary) to enter into any Contractual
         Obligation restricting the ability of such Subsidiary to pay dividends
         or make loans to the Borrower or Subsidiaries of the Borrower.

         3. Representations and Warranties. The Borrower hereby represents and
warrants to the Administrative Agent and the Lenders as follows:

                  (a) No Default or Event of Default has occurred and is
continuing.

                  (b) The execution, delivery and performance by the Borrower of
this Amendment have been duly authorized by all necessary corporate and other
action and do not and will not require any registration with, consent or
approval of, notice to or action by, any Person (including any Governmental
Authority) in order to be effective and enforceable. The Credit Agreement as
amended by this Amendment constitutes the legal, valid and binding obligation of
the Borrower, enforceable against it in accordance with its respective terms,
without defense, counterclaim or offset.

                  (c) All representations and warranties of the Borrower
contained in Article V of the Credit Agreement are true and correct as of the
Effective Date, except to the extent such representations and warranties
specifically refer to an earlier date, in which case they shall be true and
correct as of such earlier date.

                  (d) The Borrower is entering into this Amendment on the basis
of its own investigation and for its own reasons, without reliance upon the
Administrative Agent and the Lenders or any other Person.

         4. Effective Date. This Amendment will become effective on the date not
later than April 19, 2002 when each of the conditions precedent set forth in
this Section 4 has been satisfied (the "Effective Date"):

                                       2.
<PAGE>
                  (a) The Administrative Agent shall have received from each of
the Borrower and the Required Lenders a duly executed original (or, if elected
by the Administrative Agent, an executed facsimile copy) counterpart to this
Amendment.

                  (b) The Administrative Agent shall have received from the
Borrower a certificate executed by the secretary or assistant secretary of the
Borrower providing satisfactory evidence of the authorization of the execution,
delivery and performance by the Borrower of this Amendment.

                  (c) The Administrative Agent shall have received from the
Borrower a certificate executed by a Responsible Officer of the Borrower dated
as of the Effective Date stating that all representations and warranties
contained herein are true and correct on and as of the Effective Date as though
made on and as of such date.

                  (d) The Borrower shall have paid all Attorney Costs of the
Administrative Agent to the extent invoiced prior to the Effective Date, plus
such additional amounts of Attorney Costs as shall constitute the Administrative
Agent's reasonable estimate of Attorney Costs incurred or to be incurred by it
through the closing proceedings related to this Amendment (provided that such
estimate shall not thereafter preclude a final settling of accounts between the
Borrower and the Administrative Agent).

                  (e) The Administrative Agent shall have received, in form and
substance satisfactory to it, such additional approvals, consents, opinions,
documents and other information as the Administrative Agent may request.

         5. Reservation of Rights. The Borrower acknowledges and agrees that the
execution and delivery by the Administrative Agent and the Required Lenders of
this Amendment shall not (a) be deemed to create a course of dealing or
otherwise obligate the Administrative Agent or the Lenders to execute similar
amendments under the same or similar circumstances in the future or (b) be
deemed to create any implied waiver of any right or remedy of the Administrative
Agent or any Lender with respect to any term or provision of any Loan Document.

         6. Miscellaneous.

                  (a) Except as herein expressly amended, all terms, covenants
and provisions of the Credit Agreement are and shall remain in full force and
effect and all references therein to such Credit Agreement shall henceforth
refer to the Credit Agreement as amended by this Amendment. This Amendment shall
be deemed incorporated into, and a part of, the Credit Agreement.

                  (b) This Amendment shall be binding upon and inure to the
benefit of the parties hereto and thereto and their respective successors and
assigns. No third party beneficiaries are intended in connection with this
Amendment.

                  (c) THIS AMENDMENT IS SUBJECT TO THE PROVISIONS OF SECTIONS
10.17 AND 10.18 OF THE CREDIT AGREEMENT RELATING TO GOVERNING LAW AND WAIVER OF
RIGHT TO TRIAL BY JURY, THE PROVISIONS OF WHICH ARE BY THIS REFERENCE HEREBY
INCORPORATED HEREIN IN FULL.

                                       3.
<PAGE>
                  (d) This Amendment may be executed in any number of
counterparts, each of which shall be deemed an original, but all such
counterparts together shall constitute but one and the same instrument. Each of
the parties hereto understands and agrees that this document (and any other
document required herein) may be delivered by any party thereto either in the
form of an executed original or an executed original sent by facsimile
transmission to be followed promptly by mailing of a hard copy original, and
that receipt by the Administrative Agent of a facsimile transmitted document
purportedly bearing the signature of a Lender or the Borrower shall bind such
Lender or the Borrower, respectively, with the same force and effect as the
delivery of a hard copy original. Any failure by the Administrative Agent to
receive the hard copy executed original of such document shall not diminish the
binding effect of receipt of the facsimile transmitted executed original of such
document of the party whose hard copy page was not received by the
Administrative Agent.

                  (e) This Amendment, together with the Credit Agreement,
contains the entire and exclusive agreement of the parties hereto with reference
to the matters discussed herein and therein. This Amendment supersedes all prior
drafts and communications with respect thereto. This Amendment may not be
amended except in accordance with the provisions of Section 10.01 of the Credit
Agreement.

                  (f) If any term or provision of this Amendment shall be deemed
prohibited by or invalid under any applicable law, such provision shall be
invalidated without affecting the remaining provisions of this Amendment or the
Credit Agreement, respectively.

                  (g) The Borrower covenants to pay to or reimburse the
Administrative Agent and the Lenders, upon demand, for all out-of-pocket costs
and expenses incurred in connection with the development, preparation,
negotiation, execution and delivery of this Amendment.

                  (h) This Amendment shall constitute a "Loan Document" under
and as defined in the Credit Agreement.

                  (Remainder of page intentionally left blank)

                                       4.
<PAGE>
                  IN WITNESS WHEREOF, the parties hereto have executed and
delivered this Amendment as of the date first above written.

                            CERIDIAN CORPORATION, as the Borrower

                            By:        /s/ John H. Grierson
                               ----------------------------------------------

                            Name:     John H. Grierson
                                 --------------------------------------------

                            Title:    Treasurer
                                  -------------------------------------------

                            BANK OF AMERICA, N.A., as the
                            Administrative Agent, a Lender and L/C Issuer

                            By:       /s/ B. Kenneth Burton, Jr.
                               ----------------------------------------------

                            Name:  B. Kenneth Burton, Jr.
                                 --------------------------------------------

                            Title:   Vice President
                                  -------------------------------------------

                            BANK ONE, N.A., as a Lender

                            By:       /s/ Jenny A. Gilpin
                               ----------------------------------------------

                            Name:  Jenny A. Gilpin
                                 --------------------------------------------

                            Title:   First Vice President
                                  -------------------------------------------

                            WACHOVIA BANK, NATIONAL
                            ASSOCIATION (SUCCESSOR BY MERGER TO FIRST UNION
                            NATIONAL BANK), as a Lender

                            By:       /s/ Michael Romanzo
                               ----------------------------------------------

                            Name:  Michael Romanzo
                                 --------------------------------------------

                            Title:   Assistant Vice President
                                  -------------------------------------------

                          (Signature Page to Amendment)
                                       S-1
<PAGE>
                            MELLON BANK, N.A., as a Lender

                            By:       /s/ Louis E. Flori
                               ----------------------------------------------

                            Name:  Louis E. Flori
                                 --------------------------------------------

                            Title:   Vice President
                                  -------------------------------------------

                            THE BANK OF NEW YORK, as a Lender

                            By:       /s/ Maurice A. Campbell
                               ----------------------------------------------

                            Name:  Maurice A. Campbell
                                 --------------------------------------------

                            Title:   Assistant Vice President
                                  -------------------------------------------
                            THE BANK OF TOKYO-MITSUBISHI, LTD.,
                            CHICAGO BRANCH, as a Lender

                            By:       /s/ Patrick McCue
                               ----------------------------------------------

                            Name:  Patrick McCue
                                 --------------------------------------------

                            Title:   Vice President & Manger
                                  -------------------------------------------

                            JPMORGAN CHASE BANK, as a Lender

                            By:       /s/ Carol A. Kornbluth
                               ----------------------------------------------

                            Name:  Carol A. Kornbluth
                                 --------------------------------------------

                            Title:   Vice President
                                  -------------------------------------------

                          (Signature Page to Amendment)
                                       S-2
<PAGE>
                          THE ROYAL BANK OF SCOTLAND PLC, as a Lender

                          By:       /s/ J. Seaford
                             ------------------------------------------------

                          Name:  J. Seaford
                               ----------------------------------------------

                          Title:   Senior Vice President
                                ---------------------------------------------

                          U.S. BANK NATIONAL ASSOCIATION, as a Lender

                          By:       /s/ Timothy J. Gallaher
                             ------------------------------------------------

                          Name:  Timothy J. Gallaher
                               ----------------------------------------------

                          Title:   Corporate Banking Officer
                                ---------------------------------------------

                          WELLS FARGO BANK, NATIONAL
                          ASSOCIATION, as a Lender

                          By:       /s/ Mark H. Halldorson
                             ------------------------------------------------

                          Name:  Mark H. Halldorson
                               ----------------------------------------------

                          Title:   Assistant Vice President
                                ---------------------------------------------

                          By:       /s/ Chad M. Kortgard
                             ------------------------------------------------

                          Name:  Chad M. Kortgard
                               ----------------------------------------------

                          Title:   Assistant Vice President
                                ---------------------------------------------

                          (Signature Page to Amendment)
                                       S-3

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