Item 5.02.       Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On January 21, 2009, Steven Tait resigned as President of RSM McGladrey Business Services, Inc. (“RSM”), a subsidiary of H&R Block, Inc. (the “Company”) effective as of April 30, 2009.

(e) On January 21, 2009, RSM entered into a Separation and Release Agreement with Steven Tait (the “Separation Agreement”), in connection with Mr. Tait’s resignation as President of RSM and his related termination of employment with RSM. The Separation Agreement is effective as of April 30, 2009. Pursuant to the Separation Agreement, Mr. Tait will receive (i) a lump-sum cash severance payment of $827,668 pursuant to the terms of the H&R Block Severance Plan, (ii) a short-term incentive bonus for fiscal year 2009 pursuant to the Company’s short-term incentive compensation program, and (iii) a lump-sum payment equaling 12 months of COBRA premiums approximating non-employee-paid health and welfare benefits. The Separation Agreement also provides for (i) full vesting for 163,788 outstanding stock options not previously vested, (ii) certain specified outstanding stock options granted previously to Mr. Tait to remain exercisable through a date to be elected by Mr. Tait on or before April 30, 2009, and (iii) a payout of approximately 25,000 performance shares for the 2006 and 2007 grant performance periods (which end on June 30, 2009 and 2010, respectively) based on RSM’s performance against previously-established performance goals for the 2006 and 2007 grant performance periods. Mr. Tait continues to be subject to certain restrictions under his employment agreement, including his agreement not to engage in certain competitive activities and not to recruit, solicit or hire certain employees.