Exhibit 10.30
FIRST AMENDMENT
     THIS FIRST AMENDMENT dated as of November 28, 2006 (this “Amendment”)
amends the Five-Year Credit and Guarantee Agreement dated as of August 10, 2005
(the “Credit Agreement”) among Block Financial Corporation (the “Borrower”), H&R
Block, Inc. (the “Guarantor”), various financial institutions (the “Lenders”)
and JPMorgan Chase Bank, N.A., as administrative agent for the Lenders (in such
capacity, the “Administrative Agent”). Capitalized terms used but not defined
herein have the respective meanings set forth in the Credit Agreement.
     WHEREAS, the Borrower, the Guarantor, the Lenders and the Administrative
Agent have entered into the Credit Agreement; and
     WHEREAS, the parties hereto desire to amend the Credit Agreement as set
forth herein;
     NOW, THEREFORE, the parties hereto agree as follows:
     SECTION 1 Amendments. Subject to the satisfaction of the condition
precedent set forth in Section 3, the Credit Agreement is amended as follows:
     1.1 Amendment to Section 3.8. Section 3.8 is amended in its entirety to
read as follows:
     SECTION 3.8. Investment Company Status. Neither of the Credit Parties nor
any of the Subsidiaries is an “investment company” as defined in, or subject to
regulation under, the Investment Company Act of 1940, as amended.
     1.2 Amendments to Section 6.2. Section 6.2 is amended as follows:
     (a) Clause (m) is amended in its entirety to read as follows:
     (m) subject to the proviso at the end of this Section 6.2, Indebtedness
incurred in connection with the Borrower’s Refund Anticipation Loan Program,
including any Indirect RAL Participation Transaction; provided that (i) such
Indebtedness is incurred during the period beginning on January 2 of any year
and ending on June 29 of such year, (ii) such Indebtedness is repaid in full by
June 30 of the year in which such Indebtedness is incurred and (iii) the
covenants contained in any agreement relating to such Indebtedness, or guarantee
thereof (other than covenants specific to the Borrower’s Refund Anticipation
Loan Program and the operation thereof), are no more restrictive than the
covenants contained in this Agreement;
     (b) The last paragraph is amended by deleting the clause beginning “except”
at the end thereof and substituting the following therefor:
except that, during the period from January 2 of any year through June 30 of
such year, such sum may exceed the greater of the Total Facility Commitments
then in effect or the then Total Facility Loan Outstandings by an amount up to
the total of (A) the aggregate

 

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outstanding principal amount of Indebtedness described in subsection 6.2(m) and
(B) $500,000,000.
     1.3 Amendment to Section 10.1. Section 10.1 (a) is amended in its entirety
to read as follows:
     (a) if to the Borrower or the Guarantor, to it at One H&R Block Way, Kansas
City, Missouri 64105, Attention of Becky Shulman (Telecopy No. (816) 854-4242),
David Staley (Telecopy No. (816) 854-4239) and Andrew Somora (Telecopy No.
(816) 753-0037);
     SECTION 2 Representations and Warranties. Each of the Borrower and the
Guarantor represents and warrants to the Administrative Agent and the Lenders
that, after giving effect to the effectiveness hereof, (a) each representation
and warranty set forth in Article III of the Credit Agreement (other than the
representations and warranties set forth in subsections 3.4(b), 3.6(a)(i) and
3.6(b)) is true and correct in all material respects as of the date hereof with
the same effect as if made on the date hereof (except to the extent related to a
specific earlier date) and (b) no Default or Event of Default shall have
occurred and be continuing.
     SECTION 3 Effectiveness. The amendments set forth herein shall become
effective upon receipt by the Administrative Agent of counterparts of this
Amendment executed by the Borrower, the Guarantor and the Required Lenders.
     SECTION 4 Miscellaneous.
     4.1 Continuing Effectiveness, etc. Except as expressly amended hereby, the
provisions of the Credit Agreement are and shall remain in full force and
effect. After the effectiveness of this Amendment, all references in the Credit
Agreement and the other Loan Documents to “Credit Agreement” or similar terms
shall refer to the Credit Agreement as amended hereby.
     4.2 Counterparts. This Amendment may be executed in any number of
counterparts and by the different parties on separate counterparts, and each
such counterpart shall be deemed to be an original but all such counterparts
shall together constitute one and the same Amendment. Delivery of a counterpart
hereof, or an executed signature hereto, by facsimile or by e-mail (in pdf or
similar format) shall be effective as delivery of a manually-executed
counterpart hereof.
     4.3 Governing Law. This Amendment shall be construed in accordance with and
governed by the law of the State of New York.

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     Delivered as of the day and year first above written.

                  BLOCK FINANCIAL CORPORATION    
 
           
 
  By:   /s/ Becky S. Shulman    
 
                Name: Becky S. Shulman         Title: Senior Vice President and
Treasurer    
 
                H&R BLOCK, INC.    
 
           
 
  By:   /s/ Becky S. Shulman    
 
                Name: Becky S. Shulman         Title: Senior Vice President and
Treasurer    

-3-

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                  JPMORGAN CHASE BANK, N.A., as
Administrative Agent, as a Lender and as Swingline
Lender    
 
           
 
  By:   /s/ Elisabeth H. Schwabe    
 
                Name: Elisabeth H. Schwabe         Title: Managing Director
JPMorgan Chase Bank    

-4-

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                  BANK OF AMERICA, N.A.    
 
           
 
  By:   /s/ Alexa B. Bradford    
 
                Name: Alexa B. Bradford         Title: Senior Vice President    

-5-

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                  HSBC BANK USA, NATIONAL ASSOCIATION    
 
           
 
  By:   /s/ Peter Nealon    
 
                Name: Peter Nealon         Title: Managing Director    

-6-

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  GREENWICH CAPITAL MARKETS, INC.,
AS AGENT FOR THE ROYAL BANK OF
SCOTLAND PLC              
 
  /s/ Fergus Smail    
 
       
 
  Fergus Smail    
 
  Vice President    

-7-

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                  BNP PARIBAS    
 
           
 
  By:   /s/ Tomasz Rydel    
 
                Name: Tomasz Rydel         Title: Vice-President    
 
           
 
  By:   /s/ Chris Grumboski    
 
                Name: Chris Grumboski         Title: Director    

-8-

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                      CALYON NEW YORK BRANCH        
 
               
 
  By:   /s/ Sebastian Rocco        
 
                    Name: Sebastian Rocco             Title: Managing Director  
     
 
               
 
  By:   /s/ [ILLEGIBLE]        
 
                    Name: [ILLEGIBLE]             Title: Director        

-9-

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                      WACHOVIA BANK, NATIONAL
ASSOCIATION        
 
               
 
  By:   /s/ Joan Anderson        
 
                    Name: Joan Anderson             Title: Director        

-10-

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                      WELLS FARGO BANK, N.A.        
 
               
 
  By:   /s/ Thiplada Siddiqui        
 
                    Name: Thiplada Siddiqui             Title: Vice President  
     

-11-

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                      CITIBANK, N.A.        
 
               
 
  By:   /s/ Andrew Kreeger        
 
                    Name: Andrew Kreeger             Title: Vice President      
 

-12-

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                      LEHMAN BROTHERS BANK, FSB        
 
               
 
  By:   /s/ Janine M. Shugan        
 
                    Name: Janine M. Shugan             Title: Authorized
Signatory        

-13-

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                      MELLON BANK, N.A.        
 
               
 
  By:   /s/ Daniel Beagle        
 
                    Name: Daniel Beagle             Title: First Vice President
       

-14-

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                      U.S. BANK NATIONAL ASSOCIATION        
 
               
 
  By:   /s/ Michael J. Reymann        
 
                    Name: Michael J. Reymann             Title: Senior Vice
President        

-15-

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                      COMERICA BANK        
 
               
 
  By:   /s/ Mark J. Leveille        
 
                    Name: Mark J. Leveille             Title: Assistant Vice
President        

-16-

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                      THE BANK OF NEW YORK        
 
               
 
  By:   /s/ Louis D. Serio        
 
                    Name: Louis D. Serio             Title: Vice President      
 

-17-

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                      DEUTSCHE BANK AG, NEW YORK BRANCH        
 
               
 
  By:            
 
               
 
  Name:            
 
               
 
  Title:            
 
               

-18-

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                      FIFTH THIRD BANK        
 
               
 
  By:   /s/ Christopher D. Jones        
 
                    Name: Christopher D. Jones             Title: Vice President
       

-19-

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                      ROYAL BANK OF CANADA        
 
               
 
  By:   /s/ Dustin Craven        
 
                    Name: Dustin Craven             Title: Attorney-in-Fact    
   

-20-

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                      SUNTRUST BANK        
 
               
 
  By:   /s/ Steven A. Deily        
 
                    Name: Steven A. Deily             Title: Managing Director  
     

-21-

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                      MERRILL LYNCH BANK USA        
 
               
 
  By:   /s/ Louis Alder        
 
                    Name: Louis Alder             Title: Director        

-22-

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                      SUMITOMO MITSUI BANKING
CORPORATION        
 
               
 
  By:   /s/ Shigeru Tsuru        
 
                    Name: Shigeru Tsuru             Title: Joint General Manager
       

-23-

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                      UBS LOAN FINANCE LLC        
 
               
 
  By:   /s/ Richard L. Tavrow        
 
                    Name: Richard L. Tavrow             Title: Director        
 
               
 
  By:   /s/ Irja R. Otsa        
 
                    Name: Irja R. Otsa             Title: Associate Director    
   

-24-

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                      BANK MIDWEST, N.A.        
 
               
 
  By:   /s/ Brian Bower        
 
                    Name: Brian Bower             Title: Vice President        

-25-

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                      CHANG HWA COMMERCIAL BANK, LTD.        
 
               
 
  By:            
 
               
 
  Name:            
 
               
 
  Title:            
 
               

-26-

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                      COMMERCE BANK, N.A.        
 
               
 
  By:            
 
               
 
  Name:            
 
               
 
  Title:            
 
               

-27-

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                      NATIONAL CITY BANK        
 
               
 
  By:   /s/ Michael J. Durbin        
 
                    Name: Michael J. Durbin             Title: Senior Vice
President        

-28-

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                      PNC BANK, NATIONAL ASSOCIATION        
 
               
 
  By:   /s/ Louis K. McLinden        
 
                    Name: Louis K. McLinden             Title: Vice President  
     

-29-

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                      UMB BANK, N.A.        
 
               
 
  By:   /s/ Thomas S. Terry        
 
                    Name: Thomas S. Terry             Title: Senior Vice
President        

-30-