Gevity HR (GVHR)

Certain Related Person Transactions

In 2008, Gevity utilized HighRoads, Inc. for the provision of health and welfare benefits-related advisory services in the ordinary course of business, which are considered arms-length in nature. Paul Daoust, one of our directors, served as chairman and chief executive officer of HighRoads, Inc. until December 18, 2008.  The Company paid HighRoads, Inc. approximately $645,000 for such advisory services in 2008. In the opinion of management, the terms of the health and welfare benefits-related advisory services arrangement are fair and reasonable and as favorable to the Company as those that could be obtained from unrelated third parties.

The audit committee has adopted a written policy concerning the review, approval or ratification of all transactions required to be disclosed under Item 404 of Regulation S-K under the Exchange Act. This policy covers all related person transactions required to be disclosed under such regulation as well as all material conflict of interest transactions as defined by relevant state law and the rules and regulations of NASDAQ that are applicable to us.

This policy requires that all such transactions be identified by management and disclosed to the audit committee for review and, if required, approval or ratification. At least annually, each director and executive officer completes a detailed questionnaire that asks questions about any business relationship that may give rise to a conflict of interest and all transactions in which Gevity is involved and in which the executive officer, a director or a related person has a direct or indirect material interest. We also conduct a review, at least annually, of our financial systems to determine whether a director, or a company employing a director, engaged in transactions with us during the fiscal year.

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Certain Related Person Transactions

In 2008, Gevity utilized HighRoads, Inc.
for the provision of health and welfare benefits-related advisory services in
the ordinary course of business, which are considered arms-length in nature.
Paul Daoust, one of our directors, served as chairman and chief executive
officer of HighRoads, Inc. until December 18, 2008.  The Company paid HighRoads, Inc.
approximately $645,000 for such advisory services in 2008. In the opinion of
management, the terms of the health and welfare benefits-related advisory
services arrangement are fair and reasonable and as favorable to the Company as
those that could be obtained from unrelated third parties.

The audit committee has adopted a written
policy concerning the review, approval or ratification of all transactions
required to be disclosed under Item 404 of Regulation S-K under the
Exchange Act. This policy covers all related person transactions required to be
disclosed under such regulation as well as all material conflict of interest
transactions as defined by relevant state law and the rules and
regulations of NASDAQ that are applicable to us.

This policy requires that all such
transactions be identified by management and disclosed to the audit committee
for review and, if required, approval or ratification. At least annually, each
director and executive officer completes a detailed questionnaire that asks
questions about any business relationship that may give rise to a conflict of
interest and all transactions in which Gevity is involved and in which the
executive officer, a director or a related person has a direct or indirect
material interest. We also conduct a review, at least annually, of our
financial systems to determine whether a director, or a company employing a
director, engaged in transactions with us during the fiscal year.

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