From: Tazia Smith Sent 3/14/2014 3:59:45 PM To: [email protected] CC: Paul Morris Vinit Sahni Nav Gupta Vahc Stepanian Subject: Paylocity IPO Jeffrey - Paylocity (-4100mm IPO) books closing Monday. Let's discuss when you have a moment. Thanks, Tazia Forwarded by Tazia Smith on 03/14/2014 12:51 PM From: Nate Hall To: Date: 03/07/2014 06:55 AM Subject: #"" NEW LEFT BOOKRUN IPO *** PAYLOCITY HOLDING CORP (NASDAQ: PCTY) *** APPROVED FOR EXTERNAL DISTRIBUTION *** "A4 APPROVED FOR EXTERNAL DISTRIBUTION *** Issuer: Paylocity Holding Corp Symbol: PCTY Deal size: 6,670,000 shares (75% primary / 25% secondary) plus 15% greenshoe (37% primary / 63% secondary) Offer range: $14.00 - 16.00 Exchange: Nasdaq Anticipated pricing: Tuesday, march 18th Business description: Paylocity is a cloud-based provider of payroll and human capital management, or HCM, software solutions for medium-sized organizations, which are defined as those having between 20 and 1,000 employees. Paylocity's comprehensive and easy-to-use solutions enable its clients to manage their workforces more effectively. As of June 30, 2013, Paylocity served approximately 6,850 clients across the u.s., which on average had over 100 employees. Paylocity's solutions help drive strategic human capital decision-making and improve employee engagement by enhancing the human resource, payroll and finance capabilities of its clients. Road show: 3/7 - Launch / New York 3/10 - New York CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0123435 CONFIDENTIAL SDNY_GM_00269619 EFTA01461404