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Paycor, Inc.


PAYCOR TERMS AND CONDITIONS

Pursuant to the SM – 6 Month Offer Q4 FY23 (the ‘Promotion’) Provider will provide You with promotional credits (the ‘Credits’) equal to fifty percent (50%) of any monthly fees for Basic, Essential, Core, or Complete (the ‘Services’) incurred in using the Services as set forth in this Order and otherwise payable by You for the six (6) month period commencing upon the date the Service is activated during implementation, subject to the following terms and conditions. In order to qualify for the Promotion: (a) this Order and any applicable Supplemental Agreements or Third-Party Terms must be executed by You and returned to Provider on or before {ToBeSignedDate}; (b) Your first payroll run date must be on or before {ToBeImplementedByDate}; and (c) You may not terminate, cancel or unsubscribe from any services in this Order prior to twenty-four (24) months from the date of last signature on the Order.

If any of the conditions identified in (a) – (c) are not satisfied then all Credits issued under the Promotion will be reversed, and You agree that Provider may charge You the value of Promotional Credits received by You multiplied by the termination percentage in the table below (‘Promotion Recovery Termination Fee’) and collect such amounts as otherwise permitted according to the terms of this Order and the Provider Terms:

Total Months Processing Termination %
<13 100%
13-24 50%
24+ 0%

The parties understand and agree that neither Implementation Fees nor any other Payroll-related fees (including without limitation paycheck shipping and handling fees) are a part of the Promotion and that all fees other than the monthly or per-processing Payroll fees (excluding delivery) will remain payable by You according to the terms of this Order and the Provider Terms.

Effective starting: 3 April 2023