AMENDMENT NO. 2
TO H&R BLOCK
SUPPLEMENTAL DEFERRED COMPENSATION PLAN FOR EXECUTIVES
H&R BLOCK, INC. (the "Company"), adopted the H&R Block Supplemental Deferred Compensation Plan for
Executives (the "Plan") effective as of May 1, 1994. The Company amended the Plan by Amendment No. 1
effective September 7, 1994. The Company continues to retain the right to amend the Plan, pursuant to action by
the Company's Board of Directors. The Company hereby exercises that right. This amendment is effective as of
August 1, 1995.
1. The Plan is amended by adding the following new Section 2.1.8a immediately after Section 2.1.8 and
immediately prior to Section 2.1.9:
"2.1.8a 'BUSINESS DAY' for purposes of the Plan means a day on which the Common Stock is traded on the
New York Stock Exchange."
2. Section 4.1.2 of the Plan is amended by adding the following new paragraph at the end of said Section:
"The Company shall post to the Account of such Participant for the calendar month in which any Plan Year
contribution is made by the Company pursuant to the first paragraph of this Section 4.1.2 a number of Deferred
Compensation Units equal to (i) the dollar amount of any such Plan Year contribution made during such month;
divided by (ii) the Closing Price on the first Business Day of the following calendar month. Deferred
Compensation Units attributable to any contribution made by the Company pursuant to the first paragraph of this
Section 4.1.2 shall be posted as of the same time as such corresponding contributions."
3. Section 4.1.3 of the Plan is amended by adding the words "and Company Contributions (and the
corresponding number of Deferred Compensation Units)" after the word "deferrals" in the first sentence of said
Section 4.1.3, and by adding the word and numbers "and 4.1.2" after the numbers "4.1.1" in said first sentence.
4. Section 4.3 of the Plan, as previously amended, is further amended by replacing such Section 4.3 with the
following new Section 4.3: