THIS EMPLOYMENT AGREEMENT ("Agreement") is entered into as of the 31st day of January, 2000, by
and between BLOCK FINANCIAL CORPORATION, a Delaware corporation ("BFC"), and David J. Kasper
1.01 - Agreement as to Employment. Effective February 14, 2000 or a later date as agreed upon by both parties
(the "Employment Date"), BFC hereby employs Executive as its President, Financial Services Group, and
Executive hereby accepts such employment by BFC, subject to the terms of this Agreement. Subject to the terms
of Section 1.06 of this Agreement, either party may terminate this Agreement for any reason, or no reason, by
providing not less than 45 days' prior written notice of such termination to the other party, and, if such notice is
properly given, this Agreement and Executive's employment hereunder shall terminate as of the close of business
on the 45th day after such notice is deemed to have been given or such later date as is specified in such notice.
Any termination of this Agreement shall not be effective as to those portions of this Agreement which, by their
express terms as set forth below, require performance by either party following termination of this Agreement.
1.02 - Duties.
(a) Executive is employed by BFC to serve as its President, Financial Services Group, subject to the authority
and direction of the BFC's Board of Directors, the Chief Executive Officer of H&R Block, Inc., a Missouri
corporation ("Block"), and the Chief Operating Officer of Block. Subject to the foregoing, the Executive shall
have such authority and responsibility and duties as are normally associated with the position of President of an
(b) So long as he is employed under this Agreement, Executive agrees to devote his full business time and efforts
exclusively on behalf of BFC and to competently and diligently discharge his duties hereunder. Executive shall not
be prohibited from engaging in such personal, ch