PAYX DEF 14A DEF-14A Report Oct. 11, 2011 | Alphaminr
PAYCHEX INC

PAYX DEF 14A Report ended Oct. 11, 2011

PAYCHEX INC
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PROXIES
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TABLE OF CONTENTS
Proxy StatementStockholders Entitled to Vote; Outstanding Shares; QuorumHow to VoteRevoking Your ProxyGeneral Information on VotingVote RequiredSecurity Ownership of Certain Beneficial Owners and ManagementProposal 1 Election of Directors For A One-Year TermDirector Compensation for the Fiscal Year Ended May 31, 2011Cash CompensationEquity-Based CompensationDeferred Compensation PlanBenefitsStock Ownership GuidelinesFiscal 2011 Director CompensationProposal 2 Advisory Vote on Executive CompensationProposal 3 Advisory Vote on the Frequency of Future Advisory Votes on Executive CompensationProposal 4 Ratification of Selection of Independent Registered Public Accounting FirmFees for Professional ServicesAudit Committee Policy on Pre-Approval of Services of Independent AccountantsReport of The Audit CommitteeCorporate GovernanceInformation About the Board of Directors and Corporate GovernanceRisk OversightBoard of Directors CommitteesNomination ProcessPolicy on Transactions with Related PersonsGovernance and Compensation Committee Interlocks and Insider ParticipationCommunications with the Board of DirectorsSection 16(a) Beneficial Ownership Reporting ComplianceCode of Business Ethics and ConductCompensation Discussion and AnalysisExecutive SummaryObjectives of Compensation ProgramRole of Governance and Compensation CommitteeElements of CompensationBase SalaryAnnual Officer Performance Incentive ProgramEquity-Based CompensationCEO CompensationStock Ownership GuidelinesNon-Compete and Other Forfeiture ProvisionsPerquisitesDeferred CompensationChange-In-Control PlanSeparation AgreementsSubsequent EventsImpact of the Internal Revenue CodeThe Governance and Compensation Committee ReportNamed Executive Officer CompensationFiscal 2011 Summary Compensation TableGrants of Plan-Based Awards For Fiscal 2011Option Exercises and Stock Vested In Fiscal 2011Outstanding Equity Awards as of May 31, 2011Potential Payments upon Termination or Change-In-Control Fiscal 2011Non-Qualified Deferred Compensation Fiscal 2011Other Matters and Information