SEC Contract Filing

Filing Date: 2024-06-28

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>eh240501584_ex1002.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
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<P STYLE="text-align: right; margin: 0"><B>EXHIBIT 10.2</B></P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: right">EXECUTION VERSION</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 10pt; text-align: center">US$3,500,000,000<BR>
FIVE-YEAR CREDIT AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center">dated as of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center">June 28, 2024,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center">among</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center">AUTOMATIC DATA PROCESSING, INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center">The BORROWING SUBSIDIARIES<BR>
referred to herein</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center">The LENDERS Party Hereto</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center">JPMORGAN CHASE BANK, N.A.,<BR>
as Administrative Agent</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">BANK OF AMERICA, N.A.<BR>
BNP PARIBAS<BR>
WELLS FARGO BANK, N.A. and<BR>
DEUTSCHE BANK SECURITIES INC.,<BR>
as Syndication Agents</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">BARCLAYS BANK PLC and<BR>
MUFG BANK, LTD.,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center">as Documentation Agents<BR>
_________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">JPMORGAN CHASE BANK, N.A.<BR>
BOFA SECURITIES, INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">BNP PARIBAS SECURITIES CORP.</P>

<P STYLE="text-align: center; margin-top: 0; font: 10pt Times New Roman, Times, Serif; margin-bottom: 0">WELLS FARGO SECURITIES, LLC and<BR>
DEUTSCHE BANK SECURITIES INC.,<BR>
as Joint Lead Arrangers and Joint Bookrunners</P>

<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-transform: uppercase; text-align: center">TABLE OF CONTENTS</P>

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 <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in"><P STYLE="margin-top: 0; margin-bottom: 0">ARTICLE
I</P>
 <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
 <P STYLE="margin-top: 0; margin-bottom: 0">Definitions</P></TD></TR>
 <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(198,244,249)">
 <TD STYLE="width: 90%; text-align: left; text-indent: -1.3in; padding-top: 0in; padding-bottom: 0in; padding-left: 1.3in">SECTION 1.01.&nbsp; Defined Terms</TD>
 <TD STYLE="width: 10%; text-align: right; padding-top: 0in; padding-bottom: 0in">1</TD></TR>
 <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
 <TD STYLE="text-align: left; text-indent: -1.3in; padding-top: 0in; padding-bottom: 0in; padding-left: 1.3in">SECTION 1.02.&nbsp; Classification of Loans and Borrowings</TD>
 <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">28</TD></TR>
 <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(198,244,249)">
 <TD STYLE="text-align: left; text-indent: -1.3in; padding-top: 0in; padding-bottom: 0in; padding-left: 1.3in">SECTION 1.03.&nbsp; Terms Generally</TD>
 <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">28</TD></TR>
 <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
 <TD STYLE="text-align: left; text-indent: -1.3in; padding-top: 0in; padding-bottom: 0in; padding-left: 1.3in">SECTION 1.04.&nbsp; Accounting Terms; GAAP</TD>
 <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">29</TD></TR>
 <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(198,244,249)">
 <TD STYLE="text-align: left; text-indent: -1.3in; padding-top: 0in; padding-bottom: 0in; padding-left: 1.3in">SECTION 1.05.&nbsp; Exchange Rates</TD>
 <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">29</TD></TR>
 <TR STYLE="text-align: