H&R BLOCK, INC.
DEFERRED COMPENSATION PLAN FOR EXECUTIVES
(Amended and Restated Effective July 27, 2010)
H&R Block, Inc. (the “Company”) amended and restated the H&R Block, Inc. Deferred Compensation
Plan for Executives effective as of July 1, 2002. This amendment and restatement is effective December 31,
2008, and is intended to comply with the requirements of section 409A of the Code.
The purpose of this Plan is to provide specified benefits to a select group of management or highly
compensated employees who contribute materially to the continued growth, development and future business
success of the Company and its Affiliates, if any, that sponsor this Plan. This Plan shall be unfunded for tax
purposes and for purposes of Title I of ERISA.
Notwithstanding any provision in the Plan to the contrary, pursuant to IRS Notice 2007-86, all amounts
accrued under the Plan for a Participant as of December 31, 2008 will be paid in a lump sum on April 11, 2009,
unless the Participant elects to defer Salary and Bonus earned in 2009 in accordance with Article 3. If a
Participant elects to defer for 2009, the Participant may elect one time and form of payment for all amounts
attributable to pre-2009 deferrals, as well as a time and form of payment for deferrals for 2009 and subsequent
years. For Participants in pay status on or before December 31, 2008 (i) payments of pre-2004 deferrals shall
be paid according to the Plan as grandfathered under Code §409A, and (ii) payments of deferrals made after
2004 shall be governed by the Participant’s payment elections and the terms of the Amended and Restated Plan.
The H&R Block, Inc. Deferred Compensation Trust Agreement, dated December 13, 1988, is hereby
revoked, effective December 31, 2008, in accordance with §2.03. The H&R Block, Inc. Deferred
Compensation Trust Agreement is reinstated, effective December 31, 2008 except that §§2.02-3 and 2.02-4 are
deleted in the entirety.