EXHIBIT 10(o)

                                  PAYCHEX, INC.
                     OFFICER PERFORMANCE INCENTIVE PROGRAM
                        FOR THE YEAR ENDING MAY 31, 2007

PLAN DESCRIPTION

1.   Participants: Officers of Paychex, Inc.

2.   The maximum incentive for the Chief Executive Officer is 120% of base
     salary plus any bonus awards recommended by the Governance and Compensation
     Committee and approved by the Board of Directors for over-achievement of
     operating objectives. The maximum is 80% of base salary for Senior Vice
     Presidents and 55% for all other Officers.

3.   Performance Criteria: The payment of cash bonus awards to participants
     shall be determined by the Board on a discretionary basis based primarily
     on how year-over-year revenue growth, year-over-year growth in operating
     income excluding stock-based compensation and interest on funds held for
     clients, and improvement in operating income excluding stock-based
     compensation and interest on funds held for clients as a percentage of
     service revenues for the fiscal year compared to the goals that are
     established annually by the Board of Directors.

4.   Payment: Incentive payments to be paid in July 2007 after Board approval.
     Officer must be employed at the fiscal year end to be eligible for any
     bonus.

5.   Changes and Termination: Bonus awards, changes to and termination of the
     Program is at the sole discretion of the Board.