This Amendment to Award Agreement s  ( this   “Amendment” ), made as of September 6, 2017 (the “Effective Date”), serves to notify you that the Governance and Compensation Committee (the “Committee”) of the Board of Directors of Paychex, Inc. (the “Company”) hereby amends the Award Agreements for the Options granted to you, under the Company ’ s 2002 Stock Incentive Plan, as amended and restated effective October  14, 2015 (the “Plan ”), prior to the Effective Date , as well as the Award Agreements for any Options granted to you on or after the Effective Date  ( collectively, the “Option Award Agreements”) as described below.  T he capitalized terms used in this Amendment are defined in the Plan or the Option Award Agreements .