-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GY87rDoawaXhv0k9YNfy78Fr4kvBKN3GugF8n/4cXraG+78sfUbQ7dLSetj5u8et s0MPt56LLjYHXvpGjz3l4A== 0000950142-09-000075.txt : 20090121 0000950142-09-000075.hdr.sgml : 20090121 20090121093822 ACCESSION NUMBER: 0000950142-09-000075 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090121 DATE AS OF CHANGE: 20090121 GROUP MEMBERS: GAP COINVESTMENTS CDA, L.P. GROUP MEMBERS: GAP COINVESTMENTS III, LLC GROUP MEMBERS: GAP COINVESTMENTS IV, LLC GROUP MEMBERS: GAPCO GMBH & CO. KG GROUP MEMBERS: GAPCO MANAGEMENT GMBH GROUP MEMBERS: GAPSTAR, LLC GROUP MEMBERS: GENERAL ATLANTIC LLC GROUP MEMBERS: GENERAL ATLANTIC PARTNERS 84, L.P GROUP MEMBERS: HR ACQUISITIONS, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GEVITY HR INC CENTRAL INDEX KEY: 0001035185 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT SERVICES [8741] IRS NUMBER: 650735612 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-53043 FILM NUMBER: 09535879 BUSINESS ADDRESS: STREET 1: 9000 TOWN CENTER PARKWAY CITY: BRADENTON STATE: FL ZIP: 34202 BUSINESS PHONE: 9417414300 MAIL ADDRESS: STREET 1: 9000 TOWN CENTER PARKWAY CITY: BRADENTON STATE: FL ZIP: 34202 FORMER COMPANY: FORMER CONFORMED NAME: STAFF LEASING INC DATE OF NAME CHANGE: 19970306 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL ATLANTIC LLC CENTRAL INDEX KEY: 0001017645 IRS NUMBER: 133503735 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3 PICKWICK STREET 2: 3 PICKWICK PLAZA CITY: GREENWICH STATE: CT ZIP: 08330 BUSINESS PHONE: 2036223050 MAIL ADDRESS: STREET 1: 3 PICKWICK STREET 2: 3 PICKWICK PLAZA CITY: GREENWICH STATE: CT ZIP: 08330 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL ATLANTIC PARTNERS LLC DATE OF NAME CHANGE: 19960626 SC 13D/A 1 sc13da2_gevity.htm AMENDMENT NO. 2

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________________

SCHEDULE 13D/A
(Amendment No. 2)

Under the Securities Exchange Act of 1934

_______________________

Gevity HR, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

374393106

(CUSIP Number)

Thomas J. Murphy

c/o General Atlantic Service Company, LLC

3 Pickwick Plaza

Greenwich, Connecticut 06830

Tel. No.: (203) 629-8600

(Name, Address and Telephone Number of

Person Authorized to Receive Notices

and Communications)

_______________________

January 16, 2009

(Date of Event which Requires Filing

of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 1(f) or 1(g), check the following box  o.

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-1(a) for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 


CUSIP No. 374393106

 

Page 2 of 19

                                                                                                

 

1

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

HR Acquisitions, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                                       (a)  x

           (b)  o

 

 

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

                                   o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

 

 

NUMBER OF

SHARES

BENEFICIALLY OWNED BY EACH REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

-0-

8

SHARED VOTING POWER

 

2,211,500

9

SOLE DISPOSITIVE POWER

 

-0-

10

SHARED DISPOSITIVE POWER

 

2,211,500

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,211,500

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

o

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

9.0%

14

TYPE OF REPORTING PERSON

 

OO

 

 


CUSIP No. 374393106

 

Page 3 of 19

                                                                                                

 

1

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

General Atlantic LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                                       (a)  x

           (b)  o

 

 

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

                                   o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

 

 

NUMBER OF

SHARES

BENEFICIALLY OWNED BY EACH REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

-0-

8

SHARED VOTING POWER

 

2,211,500

9

SOLE DISPOSITIVE POWER

 

-0-

10

SHARED DISPOSITIVE POWER

 

2,211,500

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,211,500

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

o

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

9.0%

14

TYPE OF REPORTING PERSON

 

OO

 


CUSIP No. 374393106

 

Page 4 of 19

                                                                                                

 

 

1

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

General Atlantic Partners 84, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                                       (a)  x

           (b)  o

 

 

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

                                        o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

 

 

NUMBER OF

SHARES

BENEFICIALLY OWNED BY EACH REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

-0-

8

SHARED VOTING POWER

 

2,211,500

9

SOLE DISPOSITIVE POWER

 

-0-

10

SHARED DISPOSITIVE POWER

 

2,211,500

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,211,500

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                        o

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

9.0%

14

TYPE OF REPORTING PERSON

 

PN

 


CUSIP No. 374393106

 

Page 5 of 19

                                                                                                

 

 

1

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

GAP Coinvestments III, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                                       (a)  x

           (b)  o

 

 

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

                                        o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

 

 

NUMBER OF

SHARES

BENEFICIALLY OWNED BY EACH REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

-0-

8

SHARED VOTING POWER

2,211,500

9

SOLE DISPOSITIVE POWER

 

-0-

10

SHARED DISPOSITIVE POWER

 

2,211,500

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,211,500

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                                                                                                                                o

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

9.0%

14

TYPE OF REPORTING PERSON

 

OO

 


CUSIP No. 374393106

 

Page 6 of 19

                                                                                                

 

 

1

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

GAP Coinvestments IV, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                                       (a)  x

           (b)  o

 

 

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

                                        o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

 

 

NUMBER OF

SHARES

BENEFICIALLY OWNED BY EACH REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

-0-

8

SHARED VOTING POWER

 

2,211,500

9

SOLE DISPOSITIVE POWER

 

-0-

10

SHARED DISPOSITIVE POWER

 

2,211,500

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

2,211,500

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                       o

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

9.0%

14

TYPE OF REPORTING PERSON

 

OO

 


CUSIP No. 374393106

 

Page 7 of 19

                                                                                                

 

 

1

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

GapStar, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                                       (a)  x

           (b)  o

 

 

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

                                        o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

 

 

NUMBER OF

SHARES

BENEFICIALLY OWNED BY EACH REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

-0-

8

SHARED VOTING POWER

 

2,211,500

9

SOLE DISPOSITIVE POWER

 

-0-

10

SHARED DISPOSITIVE POWER

 

2,211,500

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

2,211,500

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                       o

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

9.0%

14

TYPE OF REPORTING PERSON

 

OO

 

 


CUSIP No. 374393106

 

Page 8 of 19

                                                                                                

 

1

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

GAP Coinvestments CDA, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                                       (a)  x

           (b)  o

 

 

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

                                       o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

 

 

NUMBER OF

SHARES

BENEFICIALLY OWNED BY EACH REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

-0-

8

SHARED VOTING POWER

 

2,211,500

9

SOLE DISPOSITIVE POWER

 

-0-

10

SHARED DISPOSITIVE POWER

 

2,211,500

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

2,211,500

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                       o

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

9.0%

14

TYPE OF REPORTING PERSON

 

PN

 


CUSIP No. 374393106

 

Page 9 of 19

                                                                                                

 

 

1

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

GAPCO GmbH & Co. KG

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                                       (a)  x

           (b)  o

 

 

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

                                       o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Germany

 

 

 

NUMBER OF

SHARES

BENEFICIALLY OWNED BY EACH REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

-0-

8

SHARED VOTING POWER

 

2,211,500

9

SOLE DISPOSITIVE POWER

 

-0-

10

SHARED DISPOSITIVE POWER

 

2,211,500

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

2,211,500

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                       o

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

9.0%

14

TYPE OF REPORTING PERSON

 

PN

 


CUSIP No. 374393106

 

Page 10 of 19

                                                                                                

 

 

1

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

GAPCO Management GmbH

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                                       (a)  x

           (b)  o

 

 

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

                                       o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Germany

 

 

 

NUMBER OF

SHARES

BENEFICIALLY OWNED BY EACH REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

-0-

8

SHARED VOTING POWER

 

2,211,500

9

SOLE DISPOSITIVE POWER

 

-0-

10

SHARED DISPOSITIVE POWER

 

2,211,500

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

2,211,500

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                       o

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

9.0%

14

TYPE OF REPORTING PERSON

 

CO

 


CUSIP No. 374393106

 

Page 11 of 19

                                                                                                

 

This Amendment No. 2 (this “Amendment”) to the Schedule 13D filed on May 27, 2008, as amended by Amendment No. 1, dated July 30, 2008 (the “Schedule 13D”) by the Reporting Persons (as such term is defined in the Schedule 13D) relates to the common stock, par value $0.01 per share (the “Common Stock”), of Gevity HR, Inc., a Florida corporation (the “Company”), and is being filed to amend the Schedule 13D as specifically set forth below.

The information set forth in the Exhibit to this Amendment is hereby expressly incorporated herein by reference, and the responses to each item of this Amendment are qualified in their entirety by the provisions of such Exhibit.  Unless otherwise indicated, all capitalized terms shall have the meanings ascribed to them in the Schedule 13D, and unless otherwise amended hereby, all information previously filed remains in effect.

 

Item 2. Identity and Background.

Item 2 is hereby amended and restated in its entirety as follows:

This Statement is being filed by a group, as defined in Rule 13d-5 of the General Rules and Regulations promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).  The members of the group are HR Acquisitions, LLC, a Delaware limited liability company (“HR”), General Atlantic LLC, a Delaware limited liability company (“GA”), General Atlantic Partners 84, L.P., a Delaware limited partnership (“GAP 84”), GapStar, LLC, a Delaware limited liability company (“GapStar”), GAP Coinvestments III, LLC, a Delaware limited liability company (“GAPCO III”), GAP Coinvestments IV, LLC, a Delaware limited liability company (“GAPCO IV”), GAP Coinvestments CDA, L.P., a Delaware limited partnership (“CDA”), GAPCO GmbH

 

 

 


CUSIP No. 374393106

 

Page 12 of 19

 

 

 

                                                                                                

 

& Co. KG, a German limited partnership (“KG”), and GAPCO Management GmbH, a German corporation (“GmbH Management” and, collectively with GA, GAP 84, GapStar, GAPCO III, GAPCO IV, CDA and KG, the “Reporting Persons”).  The Reporting Persons (other than KG and GmbH Management) are located at c/o General Atlantic Service Company, LLC, 3 Pickwick Plaza, Greenwich, Connecticut 06830. KG and GmbH Management are located at c/o General Atlantic GmbH, Koenigsallee 62, 40212 Duesseldorf, Germany.  Each of the Reporting Persons is engaged in acquiring, holding and disposing of interests in various companies for investment purposes.

GAP 84, GapStar, GAPCO III, GAPCO IV, CDA and KG are the sole members of HR. GA is the general partner of each of GAP 84 and CDA. GA is also the sole member of GapStar.  The managing members of GAPCO III and GAPCO IV are managing directors of GA.  GmbH Management is the general partner of KG. There are 26 managing directors of GA (the “GA Managing Directors”).  The information required by General Instruction C to Schedule 13D is attached hereto as Schedule A and hereby incorporated by reference. The present principal occupation or employment of each of the GA Managing Directors is as a Managing Director of GA.

None of the Reporting Persons and none of the individuals on Schedule A has, during the last five years, been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction or subject to any judgment, decree or final order finding any violation of federal or state securities laws or enjoining future violations of, or prohibiting or mandating activities subject to, such laws.

 

 

 


CUSIP No. 374393106

 

Page 13 of  19

 

 

 

                                                                                                

 

Item 4. Purpose of Transaction.

Item 4 is hereby amended by adding the following at the end thereof:

On January 16, 2009, General Atlantic Service Company, LLC (an affiliate of the Reporting Persons) (“GASC”) entered into a letter agreement (the “Standstill Amendment”) with the Company pursuant to which the effective period of the Standstill Agreement, dated July 30, 2008, between the Company and GASC was extended to April 30, 2009. This description of the Standstill Amendment is qualified in its entirety by reference to the Standstill Amendment, a copy of which is attached as Exhibit 3 to the Schedule 13D and incorporated herein by reference.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to the Issuer.

Item 6 is hereby amended by adding the following at the end thereof:

See Item 4 for a description of the Standstill Amendment.  A copy of the Standstill Amendment is filed herewith

as Exhibit 3 and is incorporated herein by reference.

 

Item 7. Materials to be Filed as Exhibits.

Item 7 is hereby amended by adding the following at the end thereof:

 

Exhibit 3:

Standstill Amendment, dated as of January 16, 2009 between the Company and GASC.

 

 

 

 

 


CUSIP No. 374393106

 

Page 14 of 19

                                                                                                

 

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: January 21, 2009

 

 

HR ACQUISITIONS, LLC

 

By:          /s/ Matthew Nimetz                                   

Name: Matthew Nimetz
                Title: Managing Director

 

 

GENERAL ATLANTIC LLC

 

By:       /s/ Matthew Nimetz                                   

Name: Matthew Nimetz

Title: Managing Director

 

 

GENERAL ATLANTIC PARTNERS 84, L.P.

 

By:       General Atlantic LLC,

Its general partner

 

By:       /s/ Matthew Nimetz                                   

Name: Matthew Nimetz

Title: Managing Director

 

 

GAP COINVESTMENTS III, LLC

 

By:       /s/ Matthew Nimetz                                   

Name: Matthew Nimetz

Title: A Managing Member

 

 

GAP COINVESTMENTS IV, LLC

 

By:          /s/ Matthew Nimetz                                   

Name: Matthew Nimetz
               Title: A Managing Member

 

 


CUSIP No. 374393106

 

Page 15 of 19

                                                                                                

 

 

GAPSTAR, LLC

By:         General Atlantic LLC,

  Its sole member

 

By:         /s/ Matthew Nimetz                                   

Name: Matthew Nimetz
               Title: Managing Director

 

 

GAP COINVESTMENTS CDA, L.P.

By:         General Atlantic LLC,

  Its general partner

 

By:          /s/ Matthew Nimetz                                 

   Name: Matthew Nimetz

Title: Managing Director

 

 

GAPCO GMBH & CO. KG

By:         GAPCO Management GmbH,

  Its general partner

 

By:          /s/ Matthew Nimetz                                  

Name: Matthew Nimetz
                Title: Managing Director

 

 

GAPCO MANAGEMENT GMBH

 

By:          /s/ Matthew Nimetz                                    

Name: Matthew Nimetz
                Title: Managing Director

 

 

 


CUSIP No. 374393106

 

Page 16 of 19

                                                                                                

 

Schedule A

GA Managing Directors

 

Name

Business Address

Citizenship

 

Steven A. Denning (Chairman)

3 Pickwick Plaza
Greenwich, Connecticut 06830

United States

William E. Ford (Chief Executive Officer)

3 Pickwick Plaza
Greenwich, Connecticut 06830

United States

John Bernstein

83 Pall Mall, Fourth Floor
London SW1Y 5ES
United Kingdom

United Kingdom

H. Raymond Bingham

228 Hamilton Avenue
Palo Alto. California 94301

United States

Peter L. Bloom

3 Pickwick Plaza
Greenwich, Connecticut 06830

United States

Mark F. Dzialga

3 Pickwick Plaza
Greenwich, Connecticut 06830

United States

William O. Grabe

3 Pickwick Plaza
Greenwich, Connecticut 06830

United States

Abhay Havaldar

151 -152, 15th Floor
Maker Chamber VI
220 Nariman Point
Mumbai 400 021, India

India

David C. Hodgson

3 Pickwick Plaza
Greenwich, Connecticut 06830

United States

Rene M. Kern

3 Pickwick Plaza
Greenwich, Connecticut 06830

United States and Germany

Jonathan Korngold

3 Pickwick Plaza
Greenwich, Connecticut 06830

United States

Christopher G. Lanning

3 Pickwick Plaza
Greenwich , Connecticut 06830

United States

Jeff X. Leng

Suite 2007-10, 20th Floor
One International Finance Center
1 Harbour View Street
Central Hong Kong

Hong Kong SAR

Anton J. Levy

3 Pickwick Plaza
Greenwich, Connecticut 06830

 United States

Marc F. McMorris

228 Hamilton Avenue
Palo Alto, California 94301,

United States

Thomas J. Murphy

3 Pickwick Plaza
Greenwich, Connecticut 06830

United States

Matthew Nimetz

3 Pickwick Plaza
Greenwich, Connecticut 06830

United States

Ranjit Pandit

151-152, 15th Floor
Maker Chamber VI
220 Nariman Point
Mumbai 400 021, India

United States and India

Andrew C. Pearson

3 Pickwick Plaza
Greenwich, Connecticut 06830

United States

Raul R. Rai

151-152, 15th Floor
Maker Chamber VI
220 Nariman Point
Mumbai 400 021, India

India

David A. Rosenstein

3 Pickwick Plaza
Greenwich, Connecticut 06830

United States

 

 

 

 


CUSIP No. 374393106

 

Page 17 of 19

                                                                                                

 

 

Sunish Sharma

151-152, 15th Floor
Maker Chamber VI
220 Nariman Point
Mumbai 400 021, India

India

Oliver Thum

Koenigsallee 62
40212 Dusseldorf, Germany

Germany

Tom C. Tinsley

2401 Pennsylvania Avenue N.W.
Washington. D.C. 20037

United States

Philip P. Trahanas

3 Pickwick Plaza
Greenwich, Connecticut 06830

United States

Florian P. Wendelstadt

83 Pall Mall, Fourth Floor
London SW1Y 5ES,
United Kingdom

Germany

 

 

 

 


CUSIP No. 374393106

 

Page 18 of 19

                                                                                                

 

           

EXHIBIT 3

to SCHEDULE 13D

STANDSTILL AMENDMENT

 

PERSONAL AND CONFIDENTIAL

January 16, 2009

 

General Atlantic Service Company, LLC

3 Pickwick Plaza

Greenwich, CT 06830

Attention: David C. Hodgson

 

Ladies and Gentlemen:

 

The undersigned desire to execute this letter agreement to modify certain provisions of the letter agreement, dated July 30, 2008, by and between Gevity HR, Inc., a Florida corporation (“Gevity”) and General Atlantic Service Company, LLC (“GA”) regarding certain “standstill” provisions (the “Standstill Agreement”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Standstill Agreement.

 

1.

The clause “for a period of six (6) months from the date of this letter agreement” set forth in the first sentence of second paragraph of the Standstill Agreement is hereby deleted and replaced with the clause “until April 30, 2009”.

 

2.

Notwithstanding anything to the contrary set forth in Standstill Agreement, if prior to the expiration of the Standstill, the Company (a) enters into a standstill agreement with a third party (a “Third Party Standstill”) with a term that expires prior to April 30, 2009 or (b) amends a Third Party Standstill to reduce the term of the Third Party Standstill such that it expires prior to April 30, 2009, then the Standstill Agreement will be deemed automatically amended to expire on the date that corresponds to the expiration of the Third Party Standstill and Gevity will promptly notify GA of such Third Party Standstill or amendment, as applicable.

 

Other than as expressly modified pursuant hereto, all provisions of the Standstill Agreement remain unmodified and in full force and effect in accordance with the terms thereof.

 

[Signature Page Follows]

 

 

 

 

 

 

 


CUSIP No. 374393106

 

Page 18 of 19

                                                                                                

 

    

Please indicate your concurrence and acceptance of the amendments to the Standstill Agreement set forth herein by signing below.

 

Very truly yours,

 

Gevity HR, Inc.

 

By: /s/ Garry Welsh

Name: Garry Welsh

Title:   Senior Vice President

 

Chief Financial Officer

 

Confirmed and Agreed to:

General Atlantic Service Company, LLC

 

By: /s/ David C. Hodgson

Name: David C. Hodgson

Title:   Vice President

 

Date:

1/16/09

 

 

 

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