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  Exhibit 25.1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549  
 
FORM T-1
         
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939
OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2)
  
The Bank of New York Mellon
(Exact name of trustee as specified in its charter)  
 
 
New York 13-5160382
(Jurisdiction of incorporation of
organization if not a U.S. national bank)
 
(I.R.S. Employer
Identification No.)
240 Greenwich Street
New York, New York
 10286
(Address of principal executive offices) (Zip code)
Legal Department
The Bank of New York Mellon
240 Greenwich Street
New York, NY 10286
(212) 635-1270
(Name, address and telephone number of agent for service)
 
TriNet Group, Inc.
(Exact name of registrant as specified in its charter)
 
 


 
Delaware 95-3359658
(State or other jurisdiction of
incorporation or organization)
 
(I.R.S. Employer
Identification No.)
One Park Place, Suite 600
Dublin, California		 94568
(Address of principal executive offices) (Zip code)
Debt Securities
(Title of the indenture securities)
image_0.jpg 
Item 1. General Information.

Furnish the following information as to the Trustee:

(a) Name and address of each examining or supervising authority to
which it is subject.

Superintendent of the Department of Financial    One State Street, New York, N.Y. 10004-1417
Services of the State of New York     and Albany, N.Y. 12203
Federal Reserve Bank of New York    33     Liberty Street, New York, N.Y. 10045
Federal Deposit Insurance Corporation    550 17th Street, NW, Washington, D.C. 20429
The Clearing House Association L.L.C.    100 Broad Street, New York, N.Y. 10004

(b) Whether it is authorized to exercise corporate trust powers.

Yes.

Item 2. Affiliations with Obligor.

If the obligor is an affiliate of the trustee, describe each such affiliation.

None.

Item 16. List of Exhibits.

Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the "Act").

1.    -    A copy of the Organization Certificate of The Bank of New York Mellon (formerly The Bank of New York (formerly Irving Trust Company)) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672, Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637, Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121195 and Exhibit 1 to Form T-1 filed as Exhibit 25.1 to Current Report on Form 8-K of Nevada Power Company, Date of Report (Date of Earliest Event Reported) July 25, 2008 (File No. 000-52378).)

4.    -    A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 with Registration Statement No. 333-229494.)

6.    -    The consent of the Trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-229519.)



7.    -    A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.



    SIGNATURE

Pursuant to the requirements of the Act, the Trustee, The Bank of New York Mellon, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of New York, and State of New York, on the 27th day of April, 2023.


    THE BANK OF NEW YORK MELLON



                By:    /s/ Letha Glover
                    Name: Letha Glover
                             Title: Vice President





        
         EXHIBIT 7

(Page i of iii)
image_1.jpgConsolidated Report of Condition of

THE BANK OF NEW YORK MELLON
of 240 Greenwich Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business December 31, 2022, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.

ASSETS
Dollar amounts in thousands
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin
4,164,000
Interest-bearing balances
101,356,000
Securities:
Held-to-maturity securities
56,192,000
Available-for-sale debt securities
86,291,000
Equity securities with readily determinable fair values not held for trading…………………
1,000
Federal funds sold and securities purchased under agreements to resell:
   Federal funds sold in domestic offices
0
   Securities purchased under agreements to resell…
10,070,000
Loans and lease financing receivables:
Loans and leases held for sale…………….
0
Loans and leases held for investment…………
31,535,000
LESS: Allowance for loan and
lease losses………...
154,000
Loans and leases held for investment, net of allowance
31,381,000
Trading assets
4,906,000
Premises and fixed assets (including capitalized leases)
2,810,000
Other real estate owned
2,000
Investments in unconsolidated subsidiaries and associated companies
1,286,000
Direct and indirect investments in real estate ventures ………………………………………….
            0
Intangible assets………………………………….
6,937,000
Other assets
19,250,000
Total assets
324,646,000
LIABILITIES
Deposits:
In domestic offices
181,486,000
Noninterest-bearing
76,243,000
Interest-bearing
105,243,000
In foreign offices, Edge and Agreement subsidiaries, and IBFs
100,047,000


Noninterest-bearing
5,807,000
Interest-bearing
94,240,000
Federal funds purchased and securities sold under agreements to repurchase:
   Federal funds purchased in domestic offices…………………………………….
0
   Securities sold under agreements to
     repurchase
3,887,000
Trading liabilities
2,867,000
Other borrowed money:
(includes mortgage indebtedness and obligations under capitalized leases)…….
1,171,000
Not applicable
Not applicable
Subordinated notes and debentures
0
Other liabilities
8,438,000
Total liabilities
297,896,000
EQUITY CAPITAL
Perpetual preferred stock and related
surplus…………………………………….
0
Common stock
1,135,000
Surplus (exclude all surplus related to preferred stock)
11,968,000
Retained earnings
18,016,000
Accumulated other comprehensive income………
-4,369,000
Other equity capital components…………………
0
Total bank equity capital
26,750,000
Noncontrolling (minority) interests in
consolidated subsidiaries ………………………
0
Total equity capital
26,750,000
Total liabilities and equity capital
324,646,000
I, Dermot McDonogh, Chief Financial Officer of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.
Dermot McDonogh
Chief Financial Officer
We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We declare that it has been examined by us, and to the best of our knowledge and belief has been prepared in conformance with the instructions and is true and correct.

Robin A. Vince
Frederick O. Terrell                    Directors
Joseph J. Echevarria