Ed Flynn, Executive Vice President, Worldwide Sales And Marketing, Automatic Data Processing

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The SORP will not have been deemed modified in any way by this Agreement. For purposes of the 24-month period of measurement under the SORP, Executive shall be considered to have terminated employment with the Company as of the Separation Date. /PRNewswire/ — KPMG LLP, the U.S. audit, tax and advisory firm, and ADP®, a leading global provider of Human Capital Management solutions, have joined forces to help multinational companies better manage employees who are given international assignments that require them to relocate from one country to another. KPMG LLP, the U.S. audit, tax and advisory firm, and ADP®, a leading global provider of Human Capital Management solutions, have joined forces to help multinational companies better manage employees who are given international assignments that require them to relocate from one country to another. its licensed insurance agencies and consulting services relating to its business outsourcing and human capital management solutions; and data-driven business intelligence on issues in human capital management, employment, and workforce trends. In addition to any further “Litigation Cooperation” requirements set forth in Section 4 of the Corporate Officer Severance Plan, Executive agrees to reasonably cooperate with the Company, and to provide all information and sign any corporate records and instruments that the Company may hereafter reasonably request with respect to any matter involving his present or former relationship with the Company , the work he has performed, or any present or former employees or clients of the Company. Retirement and Savings Plan and/or the Automatic Data Processing, Inc.

Corporate Officer Severance Plan to me since the date of such breach. I also agree that nothing in this Restrictive Covenant Agreement shall be construed to prohibit ADP from pursuing any and all other legal or equitable remedies available to it for breach of any of the provisions of this Restrictive Covenant Agreement, including the disgorgement of any profits, bonuses, equity, commissions, or fees realized by me, any subsequent employers, any business owned or operated by me or to which I provide services, or any of my agents, heirs, or assigns. I also agree that that the knowledge, skills, and abilities I possess at the time of commencement of my employment are sufficient to permit me to earn a livelihood satisfactory to me without violating any provision of paragraphs three through seven above, for example, by using such knowledge, skills, and abilities, or some of them, in the service of business that is not competitive with ADP.

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The parties agree that for the purposes of facilitating an amicable separation of Executive from the Company, Company is treating Executive’s termination as a “Qualifying Termination” under the Corporate Officer Severance Plan, which treatment would entitle Executive to the benefits and obligations as set forth therein. Executive’s employment with the Company will terminate at the close of business on June 30, 2018 (the “Separation Date”). As of July 1, 2018, Executive will cease to be an officer of the Company. FinancialForce plans to continue on heavily investing in skills management and talent management capabilities as part of the PSA offering that are critical to services companies, while ADP will provide broader HCM capabilities.

“Offering our services in a retail environment where small companies go to get the things they need just makes good business sense,” said Ed Flynn, senior vice president of sales and marketing, Emerging Business Services division. “Our specialists will help Staples’ customers understand the value of outsourcing the complex and error-prone tasks of payroll solutions and tax preparation. Once they learn that our solutions are affordable for even a single-employee business, they’ll quickly see how ADP can help increase their success.” “Too often, small businesses are underserved and do not receive the personal attention they would prefer in making important decisions about services for their business, ” said Mitch Gross, vice president of business services for Staples. “Staples and ADP are bringing big company attention to small businesses in our retail stores and online. Together we are offering unmatched flexibility and convenience to our customers looking for timesaving and dependable payroll solutions.”

Kpmg, Adp Alliance Helps Multinational Companies Better Manage Country Hopping Employees

made or provided during the six month period following Executive’s separation from service shall instead be made or provided, in lump sum, on the first business day following the date which is the earlier of the expiration of the six month period measured from the date of Executive’s “separation from service,” and the date of Executive’s death. Any remaining payments and benefits due under this Agreement shall be paid or provided in accordance with the normal payment dates specified for them herein. “Our alliance with KMPG has really helped streamline the global mobility process so that HR leaders can more easily manage employees who are expatriates or just temporarily moving from one country to another.” – Ed Flynn, president of Global Enterprise Solutions at ADP.

Pension Retirement Plan (collectively referred to as the “Plans”), Executive will be considered a terminated employee as of the close of the Separation Date. As such, contributions, vesting, matches and other service based benefits, rights and features accorded to employees will terminate as of the close of the Separation Date. All the terms and conditions of the Plans will be governed by the controlling plan documents. The Plans have not been modified in any way by the Agreement. 1.Executive is a participant in the Corporate Officer Severance Plan.

Information and trade secrets, and the specialized skills and knowledge gained by me and ADP’s other employees during our employment. I acknowledge and agree that a breach of any provision of this Restrictive Covenant Agreement by me will cause serious and irreparable damage to ADP that will be difficult to quantify and for which a remedy at law for monetary damages alone may not be adequate. Corporate Officer Severance Plan to me and I will, upon ten days’ prior written demand by ADP, promptly reimburse ADP any benefits already paid or provided under the Automatic Data Processing, Inc.

  • I acknowledge and agree that a breach of any provision of this Restrictive Covenant Agreement by me will cause serious and irreparable damage to ADP that will be difficult to quantify and for which a remedy at law for monetary damages alone may not be adequate.
  • Corporate Officer Severance Plan to me and I will, upon ten days’ prior written demand by ADP, promptly reimburse ADP any benefits already paid or provided under the Automatic Data Processing, Inc.
  • I also agree that that the knowledge, skills, and abilities I possess at the time of commencement of my employment are sufficient to permit me to earn a livelihood satisfactory to me without violating any provision of paragraphs three through seven above, for example, by using such knowledge, skills, and abilities, or some of them, in the service of business that is not competitive with ADP.
  • I also agree that nothing in this Restrictive Covenant Agreement shall be construed to prohibit ADP from pursuing any and all other legal or equitable remedies available to it for breach of any of the provisions of this Restrictive Covenant Agreement, including the disgorgement of any profits, bonuses, equity, commissions, or fees realized by me, any subsequent employers, any business owned or operated by me or to which I provide services, or any of my agents, heirs, or assigns.
  • Information and trade secrets, and the specialized skills and knowledge gained by me and ADP’s other employees during our employment.
  • Corporate Officer Severance Plan to me since the date of such breach.

I understand, however, that nothing in this Restrictive Covenant Agreement prohibits me from reporting possible violations of federal law or regulation to any governmental agency or entity or from communicating with any such agency or entity regarding the same. I also understand that my obligations under this paragraph, as well as the other covenants in this Restrictive Covenant Agreement, extend to my activities on the internet, including my use of business-oriented social networking sites such as LinkedIn and Facebook. This shall include deleting any business related connections or contacts, including all ADP Clients and Business Partners, that I inputted in or with whom I connected on any business oriented social networking sites, my LinkedIn account, any cloud storage, any electronic device, or any cell phones while employed at ADP. An individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court proceeding, if the individual files any document containing the trade secret under seal and does not disclose the trade secret, except pursuant to court order. Confidential Information also includes any information disclosed to ADP by a third party that ADP is obliged to treat as confidential.

Automatic Data Proce Investor Sentiment

Combining leading technology and know-how, the alliance offers employers the real-time ability to navigate the complexities of global mobility. It helps calculate tax deductions and allowances, report compensation to authorities efficiently and effectively across tax jurisdictions, and issue timely instructions to ADP payroll with the applicable amounts, currency and wage types for each employee. For a time, it seemed stuck at 1,500 clients for GlobalView, its multi-national partnership with SAP. Now it has broken out with its own product, Streamline, plus nearly 30 of its own payroll packages for various counties with 64,000 international clients using them to pay 13 million people. Thanks to my friendship with ADP’s first female vice president, Zena Brand, I have followed the company’s fortunes for 27 years. So I was actually disappointed recently to learn that Ed Flynn, now president of global enterprise solutions, has an actual tenure that’s two years longer. I agree to provide a copy of this Restrictive Covenant Agreement to any subsequent employer, person, or entity to which I intend to provide services that may conflict with any of my obligations in this Restrictive Covenant Agreement prior to engaging in any such activities and to provide ADP in writing the name and address of any such employer, person, or entity and a description of the services I intend to provide prior to engaging in any such activities.

Except as set forth herein, Executive acknowledges, represents and warrants that the Company owes him no other wages, commissions, bonuses, vacation pay or other compensation or payments of any nature, other than that specifically provided for in the Agreement. Automatic Data Processing, Inc. (ADP), the world’s leading provider of integrated human resources, benefits and payroll services, has teamed with Staples, the $11 billion pioneer of the office supplies industry, to provide Staples’ small business customers easy access to comprehensive payroll solutions and tax services.

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This definition of Confidential Information excludes information that is or becomes known or generally available in the public domain through lawful means other than through my act or failure to act. This definition of Confidential Information and the use of the term Confidential Information in this Restrictive Covenant Agreement are not meant to limit ADP’s rights under applicable trade secrets laws, and ADP specifically reserves all of its rights under all applicable laws concerning trade secrets. Executive is a “Participant” as defined in the Automatic Data Processing, Inc. Amended and Restated Supplemental Officer Retirement Plan (the “SORP”). Executive’s benefits under the SORP shall be determined in accordance with, and under the terms of, the SORP. Among other things, the SORP provides that if a participant violates the non-competition provisions of any agreement he has entered into with the Company within 24 months after the Separation Date, such Participant shall forever and irrevocably forfeit all benefits otherwise due him under the terms of the SORP.

Adp, Kpmg Alliance Provides Multinational Companies A Better Way To Manage Their Dispersed Workforce

Additionally, I am not waiving or releasing any claims for unemployment compensation benefits, workers compensation benefits, claims under the Fair Labor Standards Act, health insurance benefits under the Consolidated Omnibus Budget Reconciliation Act , or claims with regard to vested benefits under a retirement plan governed by the Employee Retirement Income Security Act . 6.Non-Disclosure and Non-Use of Confidential Information and Trade Secrets. I will not at any time following the termination of my employment with ADP access, disclose, use, reproduce, distribute, or otherwise disseminate ADP’s Confidential Information or trade secrets or take any action causing, or fail to take any action necessary in order to prevent, any such information to lose its character or cease to qualify as Confidential Information or a trade secret. I agree to inquire with ADP if I have any questions about whether I am authorized or required to access, use, reproduce, distribute, or otherwise disseminate ADP’s Confidential Information or whether particular information is Confidential Information or a trade secret before accessing, using or disclosing such information.

The alliance brings together the global scale and experience of KPMG’s Global Mobility Services practice, including its proprietary LINK Enterprise technology platform, with the ADP Global Payroll solution to provide multinational companies with an integrated approach to managing payrolls and reporting for employees who are moving internationally to improve transparency, financial performance and employee satisfaction. The alliance brings together the global scale and experience of KPMG’s Global Mobility Services practice, including its proprietary LINK Enterprise, technology platform, with the ADP Global Payroll solution to provide multinational companies with an integrated approach to managing payrolls and reporting for employees who are moving internationally to improve transparency, financial performance and employee satisfaction. I also have had significant contact with ADP’s current and prospective Clients, Business Partners, and/or Vendors in order to develop ADP’s goodwill and client relations so that I could promote ADP’s interests and objectives, and I understand that ADP has invested a significant amount of time and financial resources to develop my skills to assist me in performing my job duties for ADP. While these current and prospective Clients, Business Partners, and/or Vendors may be secured or serviced by ADP associates, including me, I acknowledge that such individuals or entities remain at all times those of ADP and that the goodwill engendered by the relationships is intended to inure only to the benefit of ADP; the goodwill is owned by ADP; and ADP shall be the sole beneficiary of such goodwill during and after the termination of my employment with ADP.

ADP’s Emerging Business Services division launched the program today, offering personal consultation from ADP sales specialists at Staples’ retail stores and online to Staples.com’s more than one million registered customers. “Our alliance with KMPG has really helped streamline the global mobility process so that HR leaders can more easily manage employees who are expatriates or just temporarily moving from one country to another,” said Ed Flynn, president of Global Enterprise Solutions at ADP. “By providing an automated, integrated platform, in addition to KPMG services, this partnership eliminates a lot of dual data entry for HR leaders saving time so they can focus on more strategic initiatives. It also makes it easier for employees making international moves by enabling them to easily track information such as, their compensation, taxes, and cost of living allowances.” 2.Except as provided in this Section, this Release shall serve as a bar to all claims, charges, complaints, and actions by me or my Successors against any of the Releasees with respect to items released herein and neither I nor any of my Successors shall file any claims, charges, complaints, or actions with respect to items released herein. However, I agree to waive my rights with respect to any monetary or other financial relief arising from any such proceeding or investigation.

Executive shall execute and deliver to the Company a Restrictive Covenant Agreement in the form attached hereto as Exhibit A (the “Restrictive Covenant Agreement”) within 45 days of the Separation Date as required by Section 3 of the Corporate Officer Severance Plan. Should Executive fail to timely execute and deliver to the Company the Restrictive Covenant Agreement, Executive agrees that he shall not be entitled to the benefits provided under this Agreement or the Corporate Officer Severance Plan, and this Agreement shall become null and void. Empower your sales teams to reach the right decisions makers directly, using the most accurate and up-to-date emails, phone numbers and social media links. Search and discover companies that match the right target criteria. With RocketReach, you’ll find the right customers while gaining key insights into current company data and statistics. Then with your lookups you and your team can easily start engaging with customized outreach campaigns and more.

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“ADP GlobalView HCM is backed by thousands of local compliance experts who monitor and interpret legislative changes in more than 100 countries,” said Holger Mueller, vice president and principal analyst for Constellation Research. “We’re honored to recognize the offering as one of the leading solutions for technology buyers who are truly pursuing digital transformation at global scale, by confirming ADP as a member of the Constellation Research Shortlist Global HCM Suites.”

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I further agree to pay any and all legal fees, including without limitation, all attorneys’ fees, court costs, and any other related fees and/or costs incurred by ADP in enforcing this Restrictive Covenant Agreement. The alliance brings together the global scale and experience of KPMG’s Global Mobility Services practice, including its proprietary LINK Enterprise technology platform, with the ADP Global Payroll solution to provide multinational companies with an integrated approach to managing payrolls and reporting for employees who are moving internationally to improve transparency, financial performance and employee satisfaction.

To the extent that any claim, charge, complaint, or action released by me in this Release is brought by me or my Successors for my benefit or on my behalf, I expressly waive any claim to any form of monetary or other damages, including, without limitation, attorneys’ fees and costs, or any other form of personal recovery or relief in connection with any such claim, charge, complaint or action. Notwithstanding the foregoing, this Release does not limit my right to receive an award for information provided to any federal, state or local government agency.

I agree that during my Severance Period and for a period of twelve months following my Severance Period, I will not, directly or indirectly, hire, solicit, recruit, or encourage to leave ADP, any current employees of ADP or hire, solicit, recruit, or contract with employees who terminate their employment with ADP within twelve months following my Severance Period. The Executive shall execute and deliver to the Company an irrevocable general release in the form attached hereto as Exhibit B (the “Release”) within 45 days of the Separation Date as required by Section 3 of the Corporate Officer Severance Plan. Should Executive fail to timely execute and deliver to the Company the Release, Executive agrees that he shall not be entitled to the benefits provided under this Agreement or the Corporate Officer Severance Plan, and this Agreement shall become null and void.

We provide payroll, global HCM and outsourcing services in more than 140 countries. Whether you operate in multiple countries or just one, we can provide local expertise to support your global workforce strategy. CEO Carlos Rodriguez is justifiably proud that ADP already has 570,000 of its customers in the cloud –40,000 new last year — even though 500,000 have 49 or fewer employees. Carlos reports 61,000 HCM clients in the cloud, including 5,200 with more than 500 employees. This new gross-to-net payroll engine will be remarkably configurable by clients. By choosing various “policies,” employees can individually be paid twice a week or even daily, important flexibility given the changing nature of work, which is incidentally eliminating the need for payroll batch processing. However, nothing shall prevent me from owning, as an inactive investor, securities of any competitor of ADP which is listed on a national securities exchange.

Adp Globalview Hcm Makes The Constellation Shortlist Of Top Global Hcm Solutions For Second Consecutive Quarter

The integration of these three companies will further strengthen FinancialForce’s overall offering and help customers gain more value from their technology investments. This strategic partnership will also provide comprehensive HCM to customers, many who are already using ADP for their payroll services. FinancialForce, the leading cloud-based ERP vendor for new services economy, announced today their new partnership with Salesforce and ADP, a leading global provider of Human Capital Management solutions, that will bring best-in-class payroll and HCM capabilities to its cloud ERP suite and client base.