H&R Block amends executive severance plan; increases cash severance multiples for named officers

H&R BLOCK INC

Named executive officers (excluding CEO) get 1.5x base salary plus target STI on qualifying termination.
For change-in-control termination, severance increases to 2x base salary plus target STI.
Plan removes years-of-service multiplier and eliminates outdated equity award provisions.
Amendments effective November 4, 2021; CEO Jeff Jones II not a participant.

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