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NOTICE OF TERMINATION OF LICENSE AGREEMENT AND ACKNOWLEDGEMENT OF RECEIPT

Termination Agreement

NOTICE OF TERMINATION OF LICENSE AGREEMENT AND ACKNOWLEDGEMENT OF RECEIPT | Document Parties: Ceridian Corporation | THE ULTIMATE SOFTWARE GROUP, INC. You are currently viewing:
This Termination Agreement involves

Ceridian Corporation | THE ULTIMATE SOFTWARE GROUP, INC.

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Title: NOTICE OF TERMINATION OF LICENSE AGREEMENT AND ACKNOWLEDGEMENT OF RECEIPT
Date: 3/15/2006
Industry: Software and Programming    

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Exhibit 10.31

NOTICE OF TERMINATION OF LICENSE AGREEMENT
AND
ACKNOWLEDGEMENT OF RECEIPT

This notice of Termination of License Agreement and Acknowledgement of Receipt is made as of the 9 th day of March 2006 by Ceridian Corporation, a Delaware corporation, having its principal place of business at 3311 E. Old Shakopee Road, Minneapolis, Minnesota (Ceridian”) and The Ultimate Software Group, Inc., a Delaware corporation, having its principal place of business at 2000 Ultimate Way, Weston, Florida 33326 (“Ultimate”). Each of Ceridian and Ultimate may be referred to as a Party, and collectively as the Parties.

WHEREAS the Parties entered into a License Agreement effective as of March 9, 2001, which has subsequently been amended (“License Agreement”); and

WHEREAS Ceridian desires to give Notice of Termination of the License Agreement, effective as of March 9, 2008, which is the seventh anniversa


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