Document:

EX-10.16

 Exhibit 10.16 

FORM OF VOTING AGREEMENT 

THIS VOTING AGREEMENT (this “Agreement”) is entered into as of April [•], 2018 by and among (i) Ceridian HCM
Holding Inc., a Delaware corporation (the “Company”), (ii) Thomas H. Lee Equity Fund VI, L.P., a Delaware limited partnership, Thomas H. Lee Parallel Fund VI, L.P., a Delaware limited partnership, Thomas H. Lee Parallel (DT) Fund
VI, L.P., a Delaware limited partnership, Great-West Investors, L.P., a Delaware limited partnership, Putnam Investments Employees’ Securities Company III, LLC, a Delaware limited liability company, THL Coinvestment Partners, L.P., a Delaware
limited partnership, THL Operating Partners, L.P., a Delaware limited partnership, THL Equity Fund VI Investors (Ceridian), L.P., a Delaware limited partnership, THL Equity Fund VI Investors (Ceridian) II, L.P., a Delaware limited partnership, THL
Equity Fund VI Investors (Ceridian) III, LLC, a Delaware limited liability company, THL Equity Fund VI Investors (Ceridian) IV, LLC, a Delaware limited liability company, THL Equity Fund VI Investors (Ceridian) V, LLC, a Delaware limited liability
company (together with the THL Affiliates (as defined below), “THL”), and (iii) Cannae Holdings, LLC, a Delaware limited liability company (together with the Cannae Affiliates (as defined below), “Cannae”). THL
and Cannae are collectively referred to herein as the “Sponsor Stockholders”. 
 WHEREAS, the Company is currently
contemplating an underwritten initial public offering (the “IPO”) of shares of its Common Stock (as defined below); 

WHEREAS, as of the closing date of the IPO (the “Closing Date”), the Sponsor Stockholders collectively hold at least a
majority of the outstanding Voting Securities (as defined below); 
 WHEREAS, pursuant to this Agreement, the Sponsor Stockholders agree to
vote all of their Voting Securities as a group to elect certain members of the Company’s board of directors (“Board”) as set forth herein; and 

WHEREAS, pursuant to this Agreement, the Sponsor Stockholders agree to coordinate with one another regarding dispositions or distributions of
their Stockholder Shares (as defined below), as set forth herein. 
 NOW, THEREFORE, in consideration of the mutual covenants contained
herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties to this Agreement hereby agree as follows: 

 ARTICLE I. DEFINITIONS 

Section 1.01. Definitions. Capitalized terms used herein shall have the following meanings: 

“Affiliate” means, with respect to any Person, an “affiliate” as defined in Rule 405 of the regulations promulgated
under the Securities Act. 
 “Agreement” shall have the meaning set forth in the Preamble. 

“beneficially own” or “beneficial ownership” shall have the meaning ascribed to such terms in Rule 13d-3 under the Exchange Act. 
 “Board” shall have the meaning set forth in the
Recitals. 
 “Bylaws” shall have the meaning set forth in Section 2.01(a). 

“Cannae” shall have the meaning set forth in the Preamble. 

“Cannae Affiliate” means any Affiliate of Cannae holding Voting Securities on or after the date hereof. 

“Common Stock” shall mean shares of Common Stock, par value $0.01 per share, of the Company, or any successor shares into
which such shares of Common Stock are exchanged or reclassified. 
 “Closing Date” shall have the meaning set forth in the
Recitals. 
 “Company” shall have the meaning set forth in the Preamble. 

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended from time to time, and the rules and regulations
promulgated pursuant thereto. 
 “Governmental Authority” means any: (i) nation, state, commonwealth, province,
territory, county, municipality, district or other jurisdiction of any nature; (ii) U.S. and other federal, state, local, municipal, foreign or other government; or (iii) governmental or quasi-governmental authority of any nature
(including any governmental division, department, agency, commission, instrumentality, official, organization, unit, body or entity and any court or other tribunal). 

“Initial Designations” shall have the meaning set forth in Section 2.01(e). 

“IPO” shall have the meaning set forth in the Recitals. 

“Law” means any applicable constitutional provision, statute, act, code, law, regulation, rule, ordinance, order, decree,
ruling, proclamation, resolution, judgment, decision, declaration, or interpretative or advisory opinion or letter of a Governmental Authority and shall include, for the avoidance of any doubt, the General Corporation Law of the State of Delaware
and the listing or other standards of any applicable stock exchange, including the New York Stock Exchange, the Toronto Stock Exchange or any successors thereto. 

  
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 “Person” means any natural person, corporation, limited partnership,
general partnership, limited liability company, joint stock company, joint venture, association, company, estate, trust, bank trust company, land trust, business trust, or other organization, whether or not a legal entity, custodian,
trustee-executor, administrator, nominee or entity in a representative capacity and any government or agency or political subdivision thereof. 

“Public Sale” means any sale of Stockholder Shares or other Company securities, as applicable, to the public pursuant to an
offering registered under the Securities Act or to the public through a broker, dealer or market maker pursuant to the provisions of Rule 144 adopted under the Securities Act; provided, that the IPO is deemed not to be a Public Sale, for purposes
hereof. 
 “Securities Act” means the Securities Act of 1933, as amended from time to time, and the rules and regulations
promulgated pursuant thereto. 
 “Sponsor Director Designee” shall mean a director designated by a Sponsor Stockholder or
Sponsor Stockholders (as applicable) in accordance with this Agreement to serve on the Board. 
 “Stockholder Shares” means
any Voting Securities held by any of the Sponsor Stockholders as of the date hereof or at any time thereafter. As to any particular shares constituting Stockholder Shares, such shares shall cease to be Stockholder Shares when they have been
transferred pursuant to a Public Sale. For the avoidance of doubt, all Voting Securities held by Cannae and THL as of the date hereof are Stockholder Shares. 

“THL” shall have the meaning set forth in the Preamble. 

“THL Affiliate” means any (i) Affiliate of Thomas H. Lee Partners. L.P., a Delaware limited partnership, holding Voting
Securities on or after the date hereof, and (ii) any Affiliate of Great-West Investors L.P. or Putnam Investments Employees’ Securities Company III LLC, holding on or after the date hereof any Voting Securities (and any and all securities
of any kind whatsoever which may be issued after the date hereof in respect of, or in exchange for, such shares of the Company pursuant to a merger, consolidation, stock split, stock dividend or recapitalization of the Company or otherwise) that are
subject to this Agreement as of the date hereof. 
 “Total Number of Directors” shall have the meaning set forth in
Section 2.01(a). 
 “Voting Securities” means Common Stock and any other securities of the
Company entitled to vote generally in the election of directors of the Company. 
 Section 1.02. Construction. Whenever the
context requires, the gender of all words used in this Agreement includes the masculine, feminine and neuter forms and the singular form of words shall include the plural and vice versa. All references to Articles and Sections refer to articles and
sections of this Agreement, respectively. Whenever the words “include,” “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without
limitation” (except to the extent the context otherwise provides). This Agreement shall be construed without regard to any presumption or rule requiring construction or interpretation against the party drafting or causing any instrument to
be drafted. 

  
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 ARTICLE II. VOTING AGREEMENT 

Section 2.01. Composition of the Board. 

(a) On the Closing Date, the authorized number of directors on the Board shall be established at nine (9) directors, with two vacancies,
but may be increased or decreased as determined from time to time exclusively by resolution duly adopted by the Board of Directors in accordance with the Amended and Restated Bylaws of the Company, as may be amended from time to time (the
“Bylaws”) (including as required by applicable Law) (the number of directors authorized at any given time, the “Total Number of Directors”). 

(b) Notwithstanding the foregoing Section 2.01(a), during the term of this Agreement, and subject to applicable Law,
THL and Cannae shall have the right to (by mutual agreement) determine the Total Number of Directors. 
 (c) Effective as of the Closing
Date, each of THL and Cannae shall vote all of their Voting Securities and shall take all other necessary or desirable actions within their control (whether in the capacity as a stockholder or otherwise, and including, without limitation, attendance
at meetings in person or by proxy for purposes of obtaining a quorum and execution of written consents in lieu of meetings), and the Company shall take all necessary and desirable actions within its control, so that five (5) Sponsor Director
Designees designated (by mutual agreement) by THL and Cannae shall initially be elected to the Board (the “Initial Designations”). 

(d) Following the Initial Designations: 

(i) each of THL and Fidelity shall vote all of their Voting Securities and shall take all other necessary or desirable actions
within their control (whether in the capacity as a stockholder or otherwise, and including, without limitation, attendance at meetings in person or by proxy for purposes of obtaining a quorum and execution of written consents in lieu of meetings);
and 
 (ii) the Company shall take all necessary and desirable actions within its control (including, without limitation,
including in the slate of nominees nominated by the Board (or an authorized committee thereof) for election as directors of the Company by the stockholders of the Company each Sponsor Director Designee), 

to cause the Sponsor Director Designees designated by THL and Cannae in accordance with Section 2.01(e) or
Section 2.01(f), as applicable, to be elected to the Board at any meeting of the stockholders of the Company called for such purpose. 

(e) For so long as THL and Cannae collectively hold greater than or equal to 50 percent (50%) in voting power of all the then-outstanding
Voting Securities as of such date, then: 
 (i) for so long as Cannae holds greater than or equal to twelve and one half of a
percent (12.5%) in voting power of all the then-outstanding Voting Securities, THL and Cannae shall have the right to designate (by mutual agreement) five (5) Sponsor Director Designees; 

  
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 (ii) for so long as Cannae holds greater than or equal to seven and one half
of a percent (7.5%) but less than twelve and one half of a percent (12.5%) in voting power of all the then-outstanding Voting Securities, THL shall have the right to individually designate four (4) Sponsor Director Designees and Cannae shall
have the right to individually designate one (1) Sponsor Director Designee; and 
 (iii) if Cannae holds less than seven
and one half of a percent (7.5%) in voting power of all the then-outstanding Voting Securities, then THL shall have the right to individually designate five (5) Sponsor Director Designees and Cannae shall not have the right to designate any
Sponsor Director Designee. 
 (f) At such time as THL and Cannae cease to collectively hold greater than or equal to 50 percent (50%)
in voting power of all the then-outstanding Voting Securities as of such date, then each of THL and Cannae will have the right to individually designate: 

(i) for so long as such party holds at least forty percent (40%) in voting power of all the then-outstanding Voting Securities,
a total of four (4) Sponsor Director Designees; 
 (ii) for so long as such party holds at least thirty percent (30%)
but less than forty percent (40%) in voting power of all the then-outstanding Voting Securities, a total of three (3) Sponsor Director Designees; 

(iii) for so long as such party holds at least twenty percent (20%) but less than thirty percent (30%) in voting power of all
the then-outstanding Voting Securities, a total of two (2) Sponsor Director Designees; 
 (iv) for so long as such party
holds at least ten percent (10%) but less than twenty percent (20%) in voting power of all the then-outstanding Voting Securities, one (1) Sponsor Director Designee. 

(g) If the: 
 (i)
Sponsor Stockholders cease to have the right to designate (by mutual agreement) five (5) Sponsor Director Designees to the Board pursuant to Section 2.01(e)(i), then any Sponsor Director Designee who is not designated
by THL or Cannae to remain on the Board as a Sponsor Director Designee of THL or Cannae (as applicable) in accordance with Section 2.01(e)(ii), Section 2.01(e)(iii) or
Section 2.01(f) shall immediately resign from the Board; 
 (ii) number of Sponsor Director
Designees that a Sponsor Stockholder has the right to individually designate to the Board is decreased pursuant to Section 2.01(e)(ii), Section 2.01(e)(iii) or
Section 2.01(f), then the corresponding number of Sponsor Director Designees of such Sponsor Shareholder shall resign from the Board, 

and the Company and the Sponsor Stockholders shall be promptly required to take any and all actions necessary or appropriate to cooperate in ensuring the
removal of such Sponsor Director Designee. 

  
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 (h) Except as provided in Section 2.01(g), in the event that any
Sponsor Director Designee (the “Departing Sponsor Director Designee”) for any reason ceases to serve as a member of the Board during such Person’s term of office, the resulting vacancy on the Board shall be filled by a Sponsor
Director Designee by the Sponsor Stockholder or Sponsor Stockholders (as applicable) who was entitled to designate the Departing Sponsor Director Designee in accordance with Section 2.01(e) or
Section 2.01(f), as applicable. 
 (i) In the event that a THL Affiliate that is party hereto or a Cannae
Affiliate that is party hereto transfers, directly or indirectly, any Voting Securities to a THL Affiliate or a Cannae Affiliate, respectively, that is not already a party to this Agreement, such transferring party shall, as a condition to any such
transfer, require such transferee to enter into a joinder agreement to become party to this Agreement and be deemed to be a party for all purposes herein. Subject to the foregoing, for the avoidance of doubt, the parties hereto acknowledge and agree
that this Agreement does not restrict or otherwise impair any rights of THL or Cannae to sell, assign or otherwise transfer their respective shares of Common Stock to any other Person. 

(j) The Company shall reimburse the Sponsor Director Designees for all reasonable out-of-pocket expenses incurred in connection with their attendance at meetings of the Board or the board of directors of any of the Company’s Subsidiaries, and any committees thereof, including without
limitation travel, lodging and meal expenses, in accordance with the Company’s reimbursement policies. 
 (k) The Company shall obtain
customary director and officer indemnity insurance on commercially reasonable terms which insurance shall cover each member of the Board and the members of each board of directors of each of the Company’s Subsidiaries. The Company and its
Subsidiaries shall enter into director and officer indemnification agreements, substantially in the form attached at Exhibit B hereto, with each of the Sponsor Director Designees. 

ARTICLE III. COORDINATION REGARDING TRANSFERS 

For so long as each Sponsor Stockholder is entitled to designate a Sponsor Director Designee, any Sponsor Stockholder wishing to
(i) dispose of or otherwise transfer any Stockholder Shares pursuant to a Public Sale, or (ii) distribute or otherwise transfer any Stockholder Shares to such Sponsor Stockholder’s investors, stockholder’s limited partners,
stockholder’s members or equivalent Persons holding an ownership interest in such Sponsor Stockholder, shall use commercially reasonable efforts to consult with (x) the Company, and (y) any other Sponsor Stockholder entitled to
designate a Sponsor Director Designee, prior to taking such action or entering into any definitive agreement with respect to such action. 

ARTICLE IV. GENERAL PROVISIONS 

Section 4.01. Notices. 

(a) All notices and other communications under this Agreement shall be in writing and shall be deemed given (i) when delivered personally
by hand (with written confirmation of receipt), (ii) when sent by e-mail, (iii) when received or rejected by the addressee if sent by registered or certified mail, postage prepaid, return receipt
requested, or (iv) one Business Day following the day sent by reputable overnight courier (with written 

  
 6 

 
confirmation of receipt), in each case at the following addresses (or to such other address as a party may have specified by notice given to the other party pursuant to this provision): 

 

	 	(i)	if to the Company, to: 

 Ceridian HCM Holding Inc. 

3311 East Old Shakopee Road 

Minneapolis, MN 55425 

Attention: William E. McDonald, Senior Vice President, Deputy General Counsel and Corporate Secretary 

E-mail: William.Mcdonald@ceridian.com; officeofgeneralcounsel@ceridian.com 

with a copy, which shall not constitute notice, to: 

Weil, Gotshal & Manges, LLP 

100 Federal Street, 34th Floor 

Boston, MA 02110 
 Attention:
Shayla K. Harlev and Matthew W. Goulding 
 Email: shayla.harlev@weil.com; Matthew.goulding@weil.com 

 

	 	(ii)	if to Cannae, to: 

 Cannae Holdings, LLC 

1701 Village Center Circle 
 Las
Vegas, Nevada 89134 
 Attention: Michael Gravelle 

Email: MGravelle@fnf.com 
 with
a copy, which shall not constitute notice, to: 
 Weil, Gotshal & Manges, LLP 

100 Federal Street, 34th Floor 

Boston, MA 02110 
 Attention:
Shayla K. Harlev and Matthew W. Goulding 
 Email: shayla.harlev@weil.com; Matthew.goulding@weil.com 

 

	 	(iii)	if to a THL Party, to: 

 c/o Thomas H. Lee Partners, L.P. 

100 Federal Street, 35th Floor 

Boston, MA 02110 
 Attention:
Ganesh B. Rao and Shari H. Wolkon 
 Email: G.Rao@weil.com; SWolkon@weil.com 

  
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 with a copy, which shall not constitute notice, to: 

Weil, Gotshal & Manges, LLP 

100 Federal Street, 34th Floor 

Boston, MA 02110 
 Attention:
Shayla K. Harlev and Matthew W. Goulding 
 Email: shayla.harlev@weil.com; Matthew.goulding@weil.com 

(b) Whenever any notice is required to be given by Law or this Agreement, a written waiver thereof, signed by the Person entitled to notice,
whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice. 
 Section 4.02.
Amendment; Waiver. This Agreement may be amended, supplemented or otherwise modified only by a written instrument executed by each of the parties hereto. No waiver by any party of any of the provisions hereof will be effective unless
explicitly set forth in writing and executed by the party so waiving. The waiver by any party hereto of a breach of any provision of this Agreement will not operate or be construed as a waiver of any subsequent breach. 

Section 4.03. Termination; Survival. This Agreement will terminate automatically (x) as to each Sponsor Stockholder, upon the
time at which such Sponsor Stockholder ceases to hold the right to designate a Sponsor Designee Director, and (y) as to all parties, upon the time at which no Sponsor Stockholder holds the right to designate a Sponsor Designee Director.
Section 2.01(j) and Section 2.01(k) shall survive the termination of this Agreement. 

Section 4.04. Further Assurances. The parties hereto will sign such further documents, cause such meetings to be held, resolutions
passed, exercise their votes and do and perform and cause to be done such further acts and things necessary, proper or advisable in order to give full effect to this Agreement and every provision hereof. 

Section 4.05. Assignment. This Agreement will inure to the benefit of and be binding on the parties hereto and their respective
successors and permitted assigns. Except as specifically provided herein, this Agreement may not be assigned without the express prior written consent of the other parties hereto, and any attempted assignment, without such consents, will be null and
void. 
 Section 4.06. Third Parties. This Agreement does not create any rights, claims or benefits inuring to any Person that
is not a party hereto nor create or establish any third party beneficiary hereto. 
 Section 4.07. Governing Law. This Agreement
shall be governed by and construed in accordance with, the Laws of the State of Delaware without giving effect to any choice of Law or conflict of Law provision or rule (whether of the State of Delaware or any other jurisdiction) that would cause
the application of the Law of any jurisdiction other than the State of Delaware. 

  
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 Section 4.08. Jurisdiction; WAIVER OF JURY TRIAL. In any judicial proceeding
involving any dispute, controversy or claim arising out of or relating to this Agreement, each of the parties hereto unconditionally accepts the non-exclusive jurisdiction and venue of the Court of Chancery
located in the State of Delaware or the United States District Court for the District of Delaware, and the appellate courts to which orders and judgments thereof may be appealed. In any such judicial proceeding, the parties hereto agree that in
addition to any method for the service of process permitted or required by such courts, to the fullest extent permitted by Law, service of process may be made by delivery provided pursuant to the directions in Section 4.01.
EACH OF THE PARTIES HERETO HEREBY WAIVES TRIAL BY JURY IN ANY JUDICIAL PROCEEDING INVOLVING ANY DISPUTE, CONTROVERSY OR CLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT OR RELATING TO THE COMPANY OR ITS OPERATIONS. 

Section 4.09. Specific Performance. Each party hereto acknowledges and agrees that in the event of any breach of this Agreement by
any of them, the other parties hereto would be irreparably harmed and could not be made whole by monetary damages. Each party accordingly agrees to waive the defense in any action for specific performance that a remedy at Law would be adequate and
that the parties, in addition to any other remedy to which they may be entitled at Law or in equity, shall be entitled to specific performance of this Agreement without the posting of bond. 

Section 4.10. Entire Agreement. This Agreement sets forth the entire understanding of the parties hereto with respect to the
subject matter hereof. There are no agreements, representations, warranties, covenants or understandings with respect to the subject matter hereof or thereof other than those expressly set forth herein and therein. This Agreement supersedes all
other prior agreements and understandings between the parties with respect to such subject matter. 
 Section 4.11.
Severability. If any provision of this Agreement is held to be illegal, invalid or unenforceable under present or future Laws effective during the term of this Agreement, such provision shall be fully severable; this Agreement shall be
construed and enforced as if such illegal, invalid, or unenforceable provision had never comprised a part of this Agreement; and the remaining provisions of this Agreement shall remain in full force and effect and shall not be affected by the
illegal, invalid or unenforceable provision or by its severance from this Agreement. Furthermore, in lieu of each such illegal, invalid or unenforceable provision, there shall be added automatically as a part of this Agreement a provision as similar
in terms to such illegal, invalid or unenforceable provision as may be possible and be legal, valid and enforceable. 
 Section 4.12.
Table of Contents, Heading and Captions. The table of contents, headings, subheadings and captions contained in this Agreement are included for convenience of reference only, and in no way define, limit or describe the scope of this Agreement
or the intent of any provision hereof. 
 Section 4.13. Counterparts. This Agreement and any amendment hereto may be signed in
any number of separate counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one Agreement (or amendment, as applicable). Any signature page delivered electronically or by facsimile (including
without limitation transmission by Portable Document Format or other fixed image form) shall be binding to the same extent as an original signature page. 

  
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 Section 4.14. Effectiveness. This Agreement shall become effective upon the
Closing Date. 
 Section 4.15. No Recourse. This Agreement may only be enforced against, and any claims or cause of action that
may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the entities that are expressly identified as parties hereto and no past, present or future
Affiliate, director, officer, employee, incorporator, member, manager, partner, shareholder, agent, attorney or representative of any party hereto shall have any liability for any obligations or liabilities of the parties to this Agreement or for
any claim based on, in respect of, or by reason of, the transactions contemplated hereby. 
 [Signature Pages Follow] 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first above
written. 
  

			
	THE COMPANY:
	
	CERIDIAN HCM HOLDING INC.

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	

 [SIGNATURE PAGE TO VOTING AGREEMENT] 

 
			
	CANNAE:
	
	CANNAE HOLDINGS, LLC

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	

 [SIGNATURE PAGE TO VOTING AGREEMENT] 

 
			
	THL:
	
	THOMAS H. LEE EQUITY FUND VI, LP

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	
	
	THOMAS H. LEE PARALLEL FUND VI, LP

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	
	
	THOMAS H. LEE PARALLEL (DT) FUND VI, LP

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	
	
	GREAT-WEST INVESTORS LP

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	
	
	PUTNAM INVESTMENTS EMPLOYEES SECURITIES COMPANY III LLC

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	

 [SIGNATURE PAGE TO VOTING AGREEMENT] 

 
			
	THL COINVESTMENT PARTNERS, LP

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	
	
	THL OPERATING PARTNERS, LP

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	
	
	THL EQUITY FUND VI INVESTORS (CERIDIAN), LP

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	
	
	THL EQUITY FUND VI INVESTORS (CERIDIAN) II, LP

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	
	
	THL EQUITY FUND VI INVESTORS (CERIDIAN) III, LLC

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	

 [SIGNATURE PAGE TO VOTING AGREEMENT] 

 
			
	THL EQUITY FUND VI INVESTORS (CERIDIAN) IV, LLC

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	
	
	THL EQUITY FUND VI INVESTORS (CERIDIAN) V, LLC

 
			
		
	By: 	 	 

 
			
	Name:	 	
	Title:	 	

 [SIGNATURE PAGE TO VOTING AGREEMENT]EX-10.17

 Exhibit 10.17 

FORM OF CERIDIAN HCM HOLDING INC. 

COMMON STOCK PURCHASE AGREEMENT 
 THIS
COMMON STOCK PURCHASE AGREEMENT (the “Agreement”) is made as of April [•], 2018, by and between Ceridian HCM Holding Inc., a Delaware corporation (the “Company”), and THL / Cannae Investors LLC, a Delaware
limited liability company (the “Investor”). 
 THE PARTIES HEREBY AGREE AS FOLLOWS: 

1.    Purchase and Sale of Stock. 

1.1    Sale and Issuance of Common Stock. Subject to the terms and conditions of this Agreement, the Investor agrees
to purchase from the Company, and the Company agrees to sell and issue to the Investor, the Shares (as defined below) at a price per share equal to the per share initial public offering price (before underwriting discounts and expenses) in the
Qualified IPO (as defined below) (the “IPO Price”). “Shares” shall mean the number of shares of Common Stock of the Company, par value $0.01 (the “Common Stock”), equal to $100,000,000 divided by
the IPO Price, rounded up to the nearest whole share. “Qualified IPO” shall mean the issuance and sale of shares of the Common Stock by the Company, pursuant to an Underwriting Agreement to be entered into by and among the Company
and certain underwriters (the “Underwriters”), in connection with the Company’s initial public offering pursuant to the Company’s Registration Statement on Form S-1 (File No. 333-223905) (as amended, the “Registration Statement”) and/or any related registration statements (the “Underwriting Agreement”). 

1.2    Closing. The purchase and sale of the Shares shall take place at the location and at the time immediately
subsequent to the closing of the Qualified IPO (which time and place are designated as the “Closing”). At the Closing, the Investor shall make payment of the purchase price of the Shares by wire transfer in immediately available
funds to the account specified by the Company against delivery to the Investor of the Shares registered in the name of the Investor, which Shares shall be uncertificated shares. 

2.    Registration Rights. At the Closing, in connection with the Qualified IPO and purchase of the Shares, the Company will enter
into a registration rights agreement (the “Registration Rights Agreement”) with certain stockholders of the Company, including certain entities and individuals that indirectly own equity interests in the Investor. 

3.    Representations and Warranties of the Company. The Company hereby represents and warrants to the Investor that as of the date
hereof and as of the date of the Closing: 
 3.1    Organization, Good Standing and Qualification. 

(a)    The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of
Delaware and has all requisite corporate power and authority to carry on its business as now conducted. 

 (b)    The Company is duly qualified to transact business and is in good
standing in each jurisdiction in which it is required to be so qualified or in good standing. 

3.2    Authorization. All corporate action on the part of the Company, its officers, directors and stockholders
necessary for the authorization, execution and delivery of this Agreement and the Registration Rights Agreement, the performance of all obligations of the Company under this Agreement, and the authorization, issuance, sale and delivery of the Shares
being sold hereunder has been taken, and this Agreement and the Registration Rights Agreement constitute valid and legally binding obligations of the Company, enforceable in accordance with their respective terms, except (i) as limited by
applicable bankruptcy, insolvency, reorganization, moratorium, and other laws of general application affecting enforcement of creditors’ rights generally (ii) as limited by laws relating to the availability of specific performance,
injunctive relief, or other equitable remedies, and (iii) to the extent the indemnification provisions contained in the Registration Rights Agreement may be limited by applicable federal or state securities laws. 

3.3    Valid Issuance of Common Stock. The Shares being purchased by the Investor hereunder, when issued, sold and
delivered in accordance with the terms of this Agreement for the consideration expressed herein, will be duly and validly issued, fully paid and nonassessable and will be free of restrictions on transfer other than restrictions on transfer under
applicable state and federal securities laws or as contemplated hereby or by the Registration Rights Agreement. 

3.4    Compliance with Other Instruments. 

(a)    The Company is not in violation or default of any provision of its Second Amended and Restated Certificate of
Incorporation or Amended and Restated Bylaws. 
 (b)    The Company is not in violation or default in any material
respect of any instrument, judgment, order, writ, decree or contract to which it is a party or by which it is bound, or, any provision of any federal or state statute, rule or regulation applicable to the Company. The execution, delivery and
performance of this Agreement and the Registration Rights Agreement, and the consummation of the transactions contemplated by this Agreement and the Registration Rights Agreement will not result in any such violation or default or be in conflict
with or constitute, with or without the passage of time and giving of notice, either a default under any such provision, instrument, judgment, order, writ, decree or contract or an event that results in the creation of any lien, charge or
encumbrance upon any assets of the Company or the suspension, revocation, impairment, forfeiture, or nonrenewal of any material permit, license, authorization, or approval applicable to the Company, its business or operations or any of its assets or
properties. 
 3.5    Description of Capital Stock. As of the date of the Closing, the statements set forth in the
Preliminary Prospectus (as defined in the Underwriting Agreement) that was included in the Registration Statement immediately prior to the Applicable Time (as defined in the Underwriting Agreement) and Prospectus (as defined in the Underwriting
Agreement) under the caption “Description of Capital Stock,” insofar as they purport to constitute a summary of the terms of the Company’s capital stock, are accurate, complete and fair in all material respects. 

  
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 3.6    Registration Statement. The Registration Statement, and any
amendment thereto, including any information deemed to be included therein pursuant to the rules and regulations of the United States Securities and Exchange Commission (the “SEC”) promulgated under the Securities Act of 1933, as
amended (the “Securities Act”), complied (or, in the case of amendments filed after the date of this Agreement, will comply) as of its filing date in all material respects with the requirements of the Securities Act and the rules
and regulations of the SEC promulgated thereunder, and did not (or, in the case of amendments filed after the date hereof, will not) contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or
necessary in order to make the statements therein not misleading. As of the date it is declared effective by the SEC, the Registration Statement, as so amended, and any related registration statements, will comply in all material respects with the
requirements of the Securities Act and the rules and regulations of the SEC promulgated thereunder, and will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to
make the statements therein not misleading. Any preliminary prospectus included in the Registration Statement or any amendment thereto, any free writing prospectus related to the Registration Statement and any final prospectus related to the
Registration Statement filed pursuant to Rule 424 promulgated under the Securities Act, in each case as of its date, will comply in all material respects with the requirements of the Securities Act and the rules and regulations promulgated
thereunder, and will not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading. 

3.7    Brokers or Finders. The Company has not incurred, and will not incur, directly or indirectly, as a result of
any action taken by the Company, any liability for brokerage or finders’ fees or agents’ commissions or any similar charges in connection with the sale of the Shares contemplated by this Agreement. 

3.8    Private Placement. Assuming the accuracy of the representations, warranties and covenants of the Investor set
forth in Section 4 of this Agreement, no registration under the Securities Act is required for the offer and sale of the Shares by the Company to the Investor under this Agreement. 

4.    Representations, Warranties and Covenants of the Investor. The Investor hereby represents and warrants that as of the date
hereof and as of the date of the Closing: 
 4.1    Organization, Good Standing and Qualification. The Investor is
a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware. 

4.2    Authorization. The Investor has full power and authority to enter into this Agreement, and such agreement
constitutes a valid and legally binding obligation of the Investor, enforceable in accordance with its terms except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting
enforcement of creditors’ rights generally and (ii) as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies. 

  
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 4.3    Purchase Entirely for Own Account. By the Investor’s
execution of this Agreement, the Investor hereby confirms, that the Shares to be received by the Investor will be acquired for investment for the Investor’s own account, not as a nominee or agent, and not with a view to the distribution of any
part thereof, and that the Investor has no present intention of selling, granting any participation in, or otherwise distributing the same, except as permitted by applicable federal or state securities laws. By executing this Agreement, the Investor
further represents that the Investor does not have any contract, undertaking, agreement or arrangement with any person to sell, transfer or grant participations to such person or to any third person, with respect to any of the Shares.
Notwithstanding the foregoing, the Shares may be distributed to entities and individuals that directly and/or indirectly own equity interests in the Investor (the “Interest Holders”) in connection with the internal reorganization
that is contemplated in connection with the Qualified IPO (the “Internal Reorganization”). 

4.4    Disclosure of Information. The Investor believes it has received all the information it considers necessary
or appropriate for deciding whether to purchase the Shares. The Investor further represents that it has had an opportunity to ask questions and receive answers from the Company regarding the terms and conditions of the offering of the Shares and the
business, properties, prospects and financial condition of the Company. The foregoing, however, does not limit or modify the representations and warranties of the Company in Section 3 of this Agreement or the right of the Investor to rely
thereon. 
 4.5    Investment Experience. The Investor acknowledges that it is able to fend for itself, can bear
the economic risk of its investment, and has such knowledge and experience in financial or business matters that it is capable of evaluating the merits and risks of the investment in the Shares. Investor also represents it has not been organized for
the purpose of acquiring the Shares. 
 4.6    Accredited Investor. The Investor is an “accredited
investor” within the meaning of Regulation D, Rule 501(a), promulgated by the SEC under the Securities Act, as presently in effect. 

4.7    Existing Relationship. As of the date hereof, the Investor owns a majority of the outstanding shares of the
Company’s Common Stock. 
 4.8    Brokers or Finders. The Investor has not engaged any brokers, finders or
agents, and neither the Company nor the Investor has, nor will, incur, directly or indirectly, as a result of any action taken by the Investor, any liability for brokerage or finders’ fees or agents’ commissions or any similar charges in
connection with this Agreement. 
 4.9    Restricted Securities. The Investor understands that the Shares will be
characterized as “restricted securities” under the federal securities laws inasmuch as they are being acquired from the Company in a transaction not involving a public offering and that under such laws and applicable regulations such
securities may be resold without registration under the Securities Act, only in certain limited circumstances. 

4.10    Market Stand-Off Agreement;
Lock-Up Agreement. The Investor hereby agrees that for 180 days following the effective date of the Registration Statement, it shall not sell or 

  
 4 

 
otherwise transfer or dispose of the Shares, other than to (a) Interest Holders in connection with the Internal Reorganization or (b) with the consent of the Company. To the extent
Interest Holders have executed and delivered to the Underwriters the lock-up agreement provided by the Company (the “Lock-Up Agreement”), the Shares received
by such Interest Holders in the Internal Reorganization will be subject to the terms of the Lock-Up Agreement. In order to enforce this covenant, the Company shall have the right to place restrictive legends
on the certificates or book-entry accounts representing the Shares (including the Shares distributed in the Internal Reorganization, to the extent applicable) and to impose stop transfer instructions with respect to such Shares until the end of such
period. 
 4.11    Legends. The Investor understands that the Shares may bear one or all of the following legends:

 (a)    “THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “ACT”), OR UNDER THE SECURITIES LAWS OF ANY OTHER JURISDICTIONS. THESE SECURITIES MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE ACT, APPLICABLE STATE SECURITIES LAWS (PURSUANT TO REGISTRATION OR EXEMPTION
THEREFROM).” 
 (b)    “THESE SHARES ARE SUBJECT TO A 180 DAY MARKET STANDOFF RESTRICTION AS SET FORTH IN A
CERTAIN AGREEMENT BETWEEN THE ISSUER AND THE INVESTOR, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER. AS A RESULT OF SUCH AGREEMENT, THESE SHARES MAY NOT BE TRADED PRIOR TO 180 DAYS AFTER THE EFFECTIVE DATE OF ANY PUBLIC
OFFERING OF THE COMMON STOCK OF THE ISSUER HEREOF. SUCH RESTRICTION IS BINDING ON TRANSFEREES OF THESE SHARES.” 

(c)    Any legend required by applicable state “blue sky” securities laws, rules and regulations. 

5.    Conditions of the Investor’s Obligations at Closing. The obligations of the Investor under subsection 1.1
of this Agreement are subject to the fulfillment on or before the Closing of each of the following conditions. 

5.1    Representations and Warranties. The representations and warranties of the Company shall be true on and as of
the Closing. 
 5.2    Public Offering Shares. The Underwriters shall have purchased, immediately prior to the
purchase of the Shares by the Investor hereunder, the Underwritten Shares (as defined in the Underwriting Agreement) pursuant to the Registration Statement and Underwriting Agreement. 

5.3    Absence of Injunctions, Decrees, Etc. During this period from the date of this Agreement to immediately prior
to the Closing, no governmental authority of competent jurisdiction shall have enacted, issued, promulgated, enforced or entered any decision, injunction, decree, ruling, law or order permanently enjoining or otherwise prohibiting or making illegal
the consummation of the transactions contemplated at the Closing. 

  
 5 

 6.    Conditions of the Company’s Obligations at Closing. The
obligations of the Company under subsection 1.1 of this Agreement are subject to the fulfillment on or before the Closing of each of the following conditions. 

6.1    Representations, Warranties and Covenants. The representations, warranties and covenants of the Investor
contained in Section 4 shall be true on and as of the Closing. 
 6.2    Public Offering Shares. The
Underwriters shall have purchased, immediately prior to the purchase of the Shares by the Investor hereunder, the Underwritten Shares pursuant to the Registration Statement and Underwriting Agreement. 

6.3    Absence of Injunctions, Decrees, Etc. During this period from the date of this Agreement to immediately prior
to the Closing, no governmental authority of competent jurisdiction shall have enacted, issued, promulgated, enforced or entered any decision, injunction, decree, ruling, law or order permanently enjoining or otherwise prohibiting or making illegal
the consummation of the transactions contemplated at the Closing. 
 7.    Termination. This Agreement shall terminate (i) at
any time upon the written consent of the Company and the Investor, (ii) upon the withdrawal by the Company of the Registration Statement, or (iii) on June 30, 2018 if the Closing has not occurred. 

8.    Miscellaneous. 

8.1    Survival of Warranties. The warranties, representations and covenants of the Company and the Investor
contained in or made pursuant to this Agreement shall survive the execution and delivery of this Agreement and the Closing and shall in no way be affected by any investigation of the subject matter thereof made by or on behalf of the Investor or the
Company. 
 8.2    Successors and Assigns. This Agreement, and any and all rights, duties and obligations
hereunder, shall not be assigned, transferred, delegated or sublicensed by the Investor without the prior written consent of the Company; provided, however, that after the Closing, the Shares and the rights, duties and obligations of the Investor
hereunder may be assigned to the Interest Holders in the Internal Reorganization without the prior written consent of the Company. Subject to the foregoing and except as otherwise provided herein, the provisions of this Agreement shall inure to the
benefit of, and be binding upon, the successors, assigns, heirs, executors and administrators of the parties hereto. 

8.3    Governing Law. This Agreement shall be governed and construed in accordance with the laws of the State of New
York. 
 8.4    Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be
enforceable against the parties actually executing such counterparts, and all of which together shall constitute one instrument. 

8.5    Notices. All notices and other communications required or permitted hereunder shall be in writing and shall
be mailed by registered or certified mail, postage prepaid, sent by facsimile or electronic mail (if to the Investor or any other holder of Company securities) or otherwise delivered by hand, messenger or courier service addressed: 

(a)    if to the Investor, to the attention of the Investor at 100 Federal Street, 35th Floor, Boston, Massachusetts 02110
or [EMAIL] and [EMAIL], with a copy (which shall not constitute notice) to Michael L. Gravelle, c/o Cannae Holdings, Inc., 1701 Village Center Circle, Las Vegas, Nevada 89134 or [EMAIL]. 

  
 6 

 (b)    if to the Company, to the attention of the General Counsel of the
Company at 3311 East Old Shakopee Road, Minneapolis, Minnesota 55425 or officeofgeneralcounsel@ceridian.com and [EMAIL], or at such other current address or electronic mail address as the Company shall have furnished to the Investor. 

Each such notice or other communication shall for all purposes of this Agreement be treated as effective or having been given (i) if delivered by hand,
messenger or courier service, when delivered (or if sent via a nationally-recognized overnight courier service, freight prepaid, specifying next-business-day delivery, one business day after deposit with the
courier), or (ii) if sent via mail, at the earlier of its receipt or five days after the same has been deposited in a regularly-maintained receptacle for the deposit of the United States mail, addressed and mailed as aforesaid, or (iii) if
sent via electronic mail, when directed to the relevant electronic mail address, if sent during normal business hours of the recipient, or if not sent during normal business hours of the recipient, then on the recipient’s next business day. In
the event of any conflict between the Company’s books and records and this Agreement or any notice delivered hereunder, the Company’s books and records will control absent fraud or error. 

8.6    Brokers or Finders. The Company shall indemnify and hold harmless the Investor from any liability for any
commission or compensation in the nature of a brokerage or finder’s fee or agent’s commission (and the costs and expenses of defending against such liability or asserted liability) for which the Investor or any of its constituent partners,
members, officers, directors, employees or representatives is responsible to the extent such liability is attributable to any inaccuracy or breach of the representations and warranties contained in Section 3.7, and the Investor agrees to
indemnify and hold harmless the Company and the Investor from any liability for any commission or compensation in the nature of a brokerage or finder’s fee or agent’s commission (and the costs and expenses of defending against such
liability or asserted liability) for which the Company, the Investor or any of their constituent partners, members, officers, directors, employees or representatives is responsible to the extent such liability is attributable to any inaccuracy or
breach of the representations and warranties contained in Section 4.7. 
 8.7    Amendments and Waivers. Any
term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of the Company and the
Investor. 
 8.8    Severability. If any provision of this Agreement becomes or is declared by a court of
competent jurisdiction to be illegal, unenforceable or void, portions of such provision, or such provision in its entirety, to the extent necessary, shall be severed from this Agreement, and such court will replace such illegal, void or
unenforceable provision of this Agreement with a valid and enforceable provision that will achieve, to the extent possible, the same economic, business and other purposes of the illegal, void or unenforceable provision. The balance of this Agreement
shall be enforceable in accordance with its terms. 

  
 7 

 8.9    Entire Agreement. This Agreement and the documents referred to
herein constitute the entire agreement among the parties with respect to the subject matter hereof. No party shall be liable or bound to any other party in any manner with regard to the subjects hereof or thereof by any warranties, representations
or covenants except as specifically set forth herein or therein. 
 [Remainder of page intentionally left blank] 

  
 8 

 IN WITNESS WHEREOF, the parties have executed this Common Stock Purchase Agreement as of the date first
above written. 
  

			
	CERIDIAN HCM HOLDING INC.
		
	By:	 	 
	Name:	 	
	Title:	 	

 IN WITNESS WHEREOF, the parties have executed this Common Stock Purchase Agreement as of the date first
above written. 
  

			
	 INVESTOR:
  

THL / CANNAE INVESTORS LLC

		
	By:	 	 
	Name:	 	
	Title:

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