H&R BLOCK, INC. EXECUTIVE SEVERANCE PLAN
(Amended and Restated effective July 27, 2010)
This Plan document is adopted by H&R Block, Inc., a Missouri corporation (“HRB”) effective as of May 12,
Section 1. Purpose
The Company considers the establishment and maintenance of a sound and vital management to be essential
to protecting and enhancing the best interests of the Company and its shareholders. This Plan provides severance
pay to compensate management for the involuntary loss of employment and a period of readjustment. The
Company also recognizes that a Change in Control of HRB may arise in the future and that such event may result
in the departure or distraction of management to the detriment of the Company and its shareholders. Accordingly,
the Board has determined it is in the best interests of the Company and its shareholders to secure the continued
services and dedication of such management in the event of any threat or occurrence of a Change in Control of
HRB by providing such management the benefits set forth this Plan.
This Plan supersedes all prior agreements, arrangements or plans of the Company related to separation pay in
the event of a Qualifying Termination or Change in Control Termination. Notwithstanding the foregoing, nothing
under this Plan supersedes or replaces any rights to acceleration of vesting granted to a Participant under the
H&R Block, Inc. 2003 Long-Term Executive Compensation Plan for grants prior to participation in the Plan.
Any benefits under this Plan will be provided to eligible employees in lieu of benefits under any other severance
Section 2. Definitions
For purposes of this Plan, the following terms shall have the meanings specified below unless the context
clearly requires otherwise:
(a) “Affiliate” shall have the meaning ascribed to such term in Rule 12b-2 of Regulation 12B under the
Securities Exchange Act of 1934, as amended.
(b) “Board” means the Board of Directors of