0001104659-05-014416 Sample Contracts

CERIDIAN CORPORATION Personal and Confidential
Mutual Termination Agreement • March 31st, 2005 • Ceridian Corp /De/ • Services-management consulting services • Minnesota

This Mutual Termination Agreement will confirm the agreement to mutually terminate the employment relationship between Ceridian Corporation, on behalf of itself and its subsidiaries, affiliates, directors, officers, successors, assigns, and agents (“Ceridian”) and you. In addition, and pursuant to Ceridian’s Corporate Governance Policies and Guidelines, you immediately tendered your resignation from the Ceridian Board of Directors effective January 10, 2005 and you have also resigned as an officer of the Corporation effective January 10, 2005.