Document:

<PAGE>
                                                                   Exhibit 10.17

                            HSBC SETTLEMENT PRODUCTS
                               SERVICING AGREEMENT

                         DATED AS OF SEPTEMBER 23, 2005

NOTE: CERTAIN MATERIAL HAS BEEN OMMITTED FROM THIS AGREEMENT PURSUANT TO A
REQUEST FOR CONFIDENTIAL TREATMENT UNDER RULE 24b-2. THE LOCATIONS OF THESE
OMISSIONS ARE INDICATED THROUGHOUT THE AGREEMENT BY THE FOLLOWING MARKINGS:
[***].

<PAGE>

                                Table of Contents

<TABLE>
<CAPTION>
                                                                            Page
                                                                            ----
<S>                                                                         <C>
ARTICLE I         DEFINITIONS............................................     2
   Section 1.1.   Definitions............................................     2
   Section 1.2.   Rules of Construction..................................     5
   Section 1.3.   Corporate Reorganizations..............................     5

ARTICLE II        RETENTION OF SERVICER..................................     6
   Section 2.1.   Engagement.............................................     6

ARTICLE III       SERVICES TO BE PERFORMED...............................     6
   Section 3.1.   Services as Settlement Product Servicer................     6
   Section 3.2.   Deposit Accounts.......................................     7
   Section 3.3.   Authorized Withdrawals Related to Unparticipated HSBC
                  RALs...................................................     7
   Section 3.4.   Authorized Withdrawals Related to Participated HSBC
                  RALs...................................................     9
   Section 3.5.   Authorized Withdrawals Related to RACs, Denied Classic
                  RALs and Denied Classic eRALs..........................    11
   Section 3.6.   Priority...............................................    12
   Section 3.7.   No Set-off.............................................    12

ARTICLE IV        STATEMENTS AND REPORTS.................................    13
   Section 4.1.   Reporting by the Servicer..............................    13

ARTICLE V         SERVICER COMPENSATION AND EXPENSES.....................    15
   Section 5.1.   HSBC Servicing Fee and Block Servicing Fee.............    15
   Section 5.2.   Defaulted RAL Collection Fee; Defaulted RAL Collection
                  Fee Credit.............................................    15
   Section 5.3.   Servicing Expense......................................    15

ARTICLE VI        THE SERVICER, THE ORIGINATOR AND THE PARTICIPANTS......    16
   Section 6.1.   Subservicing...........................................    16
   Section 6.2.   Servicer Not to Assign.................................    16

ARTICLE VII       REPRESENTATIONS AND WARRANTIES OF THE BLOCK COMPANIES..    16
   Section 7.1.   Representations Incorporated by Reference..............    16

ARTICLE VIII      REPRESENTATIONS AND WARRANTIES OF THE HSBC COMPANIES...    16
   Section 8.1.   Representations Incorporated by Reference..............    16

ARTICLE IX        DEFAULT OF BFC AND REMEDIES OF HSBC COMPANIES AND THE
                  SERVICER...............................................    16
   Section 9.1.   BFC Events of Default..................................    16
   Section 9.2.   Remedies...............................................    17
   Section 9.3.   Default Rate...........................................    17
   Section 9.4.   Waiver.................................................    17
</TABLE>

                                        i

<PAGE>

<TABLE>
<S>                                                                         <C>
ARTICLE X         DEFAULT OF HSBC COMPANIES AND REMEDIES OF BFC AND THE
                  SERVICER...............................................    18
   Section 10.1.  HSBC Company Events of Default.........................    18
   Section 10.2.  Remedies...............................................    18
   Section 10.3.  Default Rate...........................................    19
   Section 10.4.  Waiver.................................................    19

ARTICLE XI        DEFAULT OF THE SERVICER AND REMEDIES OF BFC and HSBC
                  COMPANIES..............................................    19
   Section 11.1.  Servicer Events of Default.............................    19
   Section 11.2.  Remedies...............................................    20
   Section 11.3.  Default Rate...........................................    21
   Section 11.4.  Substitute Servicer....................................    21

ARTICLE XII       TERMINATION; TRANSFER OF PARTICIPATED HSBC RALS........    21
   Section 12.1.  Term...................................................    21
   Section 12.2.  Termination............................................    21
   Section 12.3.  Termination of Agreement...............................    21

ARTICLE XIII      MISCELLANEOUS PROVISIONS...............................    22
   Section 13.1.  Survival...............................................    22
   Section 13.2.  No Waivers; Remedies Cumulative........................    22
   Section 13.3.  Notices................................................    22
   Section 13.4.  Severability...........................................    22
   Section 13.5.  Amendments and Waivers.................................    22
   Section 13.6.  Successors and Assigns.................................    22
   Section 13.7.  Headings...............................................    22
   Section 13.8.  Alternative Dispute Resolution.........................    23
   Section 13.9.  Governing Law; Submission to Jurisdiction..............    23
   Section 13.10. Waiver of Jury Trial...................................    23
   Section 13.11. Counterparts...........................................    23
   Section 13.12. Entire Agreement.......................................    23
   Section 13.13. Reinstatement..........................................    24
   Section 13.14. Advice of Counsel......................................    24
   Section 13.15. No Strict Construction.................................    24
   Section 13.16. Conflict of Terms......................................    24
   Section 13.17. Further Execution......................................    24
   Section 13.18. Expenses...............................................    24
   Section 13.19. No Implied Relationship................................    25
   Section 13.20. No Third Party Beneficiaries...........................    25
   Section 13.21. Force Majeure..........................................    25
   Section 13.22. Limitation of Scope of Representations and Warranties
                  and Other Disclosures..................................    25
   Section 13.23. Inspection and Audit Rights............................    25
</TABLE>

                                       ii

<PAGE>

                  HSBC SETTLEMENT PRODUCTS SERVICING AGREEMENT

     This HSBC Settlement Products Servicing Agreement (this "Servicing
Agreement"), dated as of September 23, 2005, is made by and among the following
parties:

     HSBC Bank USA, National Association, a national banking association ("HSBC
Bank");

     HSBC Taxpayer Financial Services, Inc., a Delaware corporation ("HSBC
TFS");

     Household Tax Masters Acquisition Corporation, a Delaware corporation
("HTMAC"); and

     Block Financial Corporation, a Delaware corporation ("BFC").

                                    RECITALS

     A. HSBC Bank offers banking products and services, including Settlement
Products offered through Block Offices and the Block Digital Channel.

     B. HTMAC purchases loans and participation interests in loans originated by
HSBC Bank.

     C. BFC offers financial products and services to individuals and business
entities, and purchases loans and participation interests in loans originated by
third party lenders.

     D. HSBC TFS is in the business of servicing loans and other financial
products and services, including Settlement Products, for HSBC Bank and other
financial services companies.

     E. Simultaneously with the execution of this Servicing Agreement, HSBC
Bank, HTMAC, HSBC TFS and certain of their Affiliates, and BFC and certain of
its Affiliates, are entering into the HSBC Settlement Products Retail
Distribution Agreement, dated as of the date hereof, as from time to time
amended, restated, supplemented or otherwise modified (the "Retail Distribution
Agreement"), and other agreements related thereto.

     F. Simultaneously with the execution of this Servicing Agreement, HSBC
Bank, HTMAC and BFC are entering into the HSBC Settlement Products Participation
Agreement dated as of the date hereof, as from time to time amended, restated or
otherwise modified (the "Participation Agreement"), pursuant to which HSBC Bank
may sell, and BFC may purchase, Participation Interests in certain Settlement
Products originated by HSBC Bank.

     G. HSBC Bank, HSBC TFS, HTMAC and BFC desire to enter into this Servicing
Agreement to appoint HSBC TFS as the Servicer of the Settlement Products and to
administer all Refunds Paid with respect to such Settlement Products, in
accordance with the provisions of this Servicing Agreement.

                                        1

<PAGE>

                                    AGREEMENT

     ACCORDINGLY, the parties to this Servicing Agreement agree as follows:

                                    ARTICLE I
                                   DEFINITIONS

     Section 1.1. Definitions.

     For all purposes of this Servicing Agreement, except as otherwise expressly
provided herein or unless the context otherwise requires, capitalized terms not
otherwise defined herein shall have the meanings assigned to such terms in the
Appendix of Defined Terms and Rules of Construction attached to the Retail
Distribution Agreement as APPENDIX A, which is hereby incorporated by reference
herein. All other capitalized terms used herein shall have the meanings set
forth below. In the event that any definition specified in this Servicing
Agreement for any capitalized term is inconsistent with the definition specified
for such term in the Appendix of Defined Terms and Rules of Construction
attached to the Retail Distribution Agreement as APPENDIX A, the definition in
the Appendix of Defined Terms and Rules of Construction attached to the Retail
Distribution Agreement as APPENDIX A shall govern.

"2005 BASELINE PERCENTAGE" shall mean the IRS Collections Percentage for the
2005 Tax Year.

"BASE SERVICING FEE FACTOR" shall mean, for each applicable Tax Period, an
amount (i) reasonably determined by the Servicer to cover its anticipated base
servicing expenses for such Tax Period, and (ii) set forth in a notice delivered
to the other HSBC Companies and the Block Companies on December 15th prior to
the start of such Tax Period; provided, however, that for each Tax Period such
amount shall not exceed the following:

<TABLE>
<CAPTION>
TAX PERIOD            MAXIMUM AMOUNT
----------            --------------
<S>                   <C>
2007                       [***]
2008                       [***]
2009                       [***]
2010                       [***]
2011                       [***]
2012                  $0 if the Participation Agreement is not renewed for such
                      Tax Period.

                      An amount as agreed to by the Servicer and BFC on or
                      before the commencement of the Renewal Term (as defined in
                      the Participation Agreement) related to such Tax Period;
                      provided, however, that if no such amount is agreed to,
                      then such amount shall be deemed to be [***].
</TABLE>

                                       2

<PAGE>

<TABLE>
<S>                   <C>
2013                  $0 if the Participation Agreement is not renewed for such
                      Tax Period.

                      An amount as agreed to by the Servicer and BFC on or
                      before the commencement of the Renewal Term (as defined in
                      the Participation Agreement) related to such Tax Period;
                      provided, however, that if no such amount is agreed to,
                      then such amount shall be deemed to be [***].

2014 and thereafter   $0
</TABLE>

"BLOCK SERVICING FEE" shall mean, with respect to a Tax Period, an amount equal
to the product of (a) the remainder (but not less than zero) of (i) the Base
Servicing Fee Factor for such Tax Period, minus (ii) the HSBC Base Servicing Fee
for such Tax Period, multiplied by (b) a percentage equal to the sum of one
hundred percent (100%) plus the applicable TVM.

"BASE SERVICING FEE PERCENTAGE" shall mean, with respect to a Tax Period, an
amount, expressed as a percentage rounded to six decimal places, equal to the
remainder of (I) the product of (a) [***] percent ([***]%), multiplied by (b)
the ratio of (i) the RAL Net Revenues for such Tax Period, divided by (ii) the
Gross RAL Loan Volume for such Tax Period, minus (II) the applicable Service
Carry Percentage, but in no event less than zero percent (0%).

"DEFAULTED RAL COLLECTION FEE ADJUSTMENT FACTOR" shall mean, with respect to all
HSBC RALs collected during a Tax Year but originated in a specific earlier Tax
Period, a percentage rounded to six decimal points, computed as follows:

[(A multiplied by (1 - B)) divided by C] divided by D,

where

A = the HSBC Base Servicing Fee for the Tax Period of origination,

B = the Defaulted RAL Collection Fee Percentage for the Tax Year of collection,

C = the weighted average Applicable Percentage (by original Principal Amount)
for all Participated HSBC RALs originated during such Tax Period of origination,
and

D = the RAL Net Revenues for such Tax Period of origination.

"DEFAULTED RAL COLLECTION FEE" shall mean, with respect to each Defaulted HSBC
RAL, a collection fee payable to the Servicer equal to the product of (a) the
applicable Defaulted RAL Collection Fee Percentage multiplied by (b) certain
amounts otherwise distributable to the Originator, a Participant or other
creditor, as set forth in the provisos to Sections 3.3(b), 3.4(b) and 3.5(b) of
the Servicing Agreement.

                                        3

<PAGE>

"DEFAULTED RAL COLLECTION FEE CREDIT" shall mean, as of the first day of any Tax
Period, the remainder of [***].

"DEFAULTED RAL COLLECTION FEE PERCENTAGE" shall be, with respect to all HSBC
RALs collected during a specific Tax Year, [***] percent ([***]%), unless the
IRS Collections Percentage for the immediately preceding Tax Year was less than
the 2005 Baseline Percentage by at least [***] percent ([***]%), in which event
the Defaulted RAL Collection Fee Percentage shall be determined as follows:

<TABLE>
<CAPTION>
REDUCTION IN IRS COLLECTIONS PERCENTAGE        DEFAULTED RAL
  DURING THE TAX YEAR COMPARED TO 2005    COLLECTION FEE PERCENTAGE
          BASELINE PERCENTAGE               FOR CURRENT TAX PERIOD
---------------------------------------   -------------------------
<S>                                       <C>
  at least [***]% but less than [***]%              [***]%
  at least [***]% but less than [***]%              [***]%
  at least [***]% but less than [***]%              [***]%
  at least [***]% but less than [***]%              [***]%
  at least [***]% but less than [***]%              [***]%
</TABLE>

          By way of example only, if the 2005 Base Percentage was [***]% and the
IRS Collections Percentage for the 2007 Tax Year was [***]% (i.e., a reduction
of the IRS Collections Percentage by [***]%), the Defaulted RAL Collection Fee
Percentage for all HSBC RALs collected during the 2008 Tax Year would be [***]%.

"DEFAULTED RAL POOL COLLECTION FEE CREDIT" shall mean, in any computation of
Defaulted RAL Collection Fee Credit generated in a particular Tax Year with
respect to HSBC RALs originated in a specific Tax Period, the product of [***].

"DELINQUENT ERO CHARGE COLLECTION FEE" shall mean an amount equal to [***]
percent ([***]%) of those amounts collected by the Servicer on account of those
Delinquent ERO Charges which BFC has identified in writing to the Servicer and
specifically authorized the Servicer to collect on behalf of the related ERO.

"GROSS RAL LOAN VOLUME" shall mean, with respect to a Tax Period, the aggregate
gross initial principal amounts of all HSBC RALs made during such Tax Period.

"HSBC BASE SERVICING FEE" shall mean, with respect to a Tax Period, the product
of [***].

"HSBC SERVICING AGREEMENT" shall have the meaning set forth in Section 3.1.

"HSBC SERVICING FEE" shall mean, with respect to any Tax Period, the sum of (i)
the HSBC Base Servicing Fee, plus (ii) the HSBC Variable Servicing Fee.

"HSBC VARIABLE SERVICING FEE" shall mean, with respect to any Tax Period, the
product of [***].

"IRS COLLECTIONS PERCENTAGE" shall mean, as to any Tax Year, the percentage of
[***].

                                        4

<PAGE>

"PERMITTED BLOCK ASSIGNMENT" shall have the meaning set forth in Section 1.3(a).

"PERMITTED HSBC ASSIGNMENT" shall have the meaning set forth in Section 1.3(b).

"RAL LOAN VOLUME CORRIDOR PEAK" shall mean, with respect to any Tax Period, the
following amounts:

<TABLE>
<CAPTION>
TAX PERIOD   AMOUNT
----------   ------
<S>          <C>
   2007      $[***]
   2008      $[***]
   2009      $[***]
   2010      $[***]
   2011      $[***]
   2012      $[***]
   2013      $[***]
</TABLE>

"RAL LOAN VOLUME OVERAGE" shall mean, with respect to a Tax Period,[***].

"RAL NET REVENUES" shall mean, with respect to a Tax Period, the remainder of
(a) the aggregate amount of all RAL Fees and Refund Account Fees charged or
accrued by the Originator with respect to HSBC RALs made during such Tax Period,
plus the RAL Price Reduction Amount minus (b) the aggregate unpaid Principal
Amount of all outstanding HSBC RALs that were made during such Tax Period,
determined as of December 31st following such Tax Period.

"SERVICE CARRY PERCENTAGE" shall mean, with respect to a Tax Period, an amount
expressed as a percentage (rounded to six decimal points) equal to [***].

"SETTLEMENT PRODUCTS SERVICING" shall have the meaning set forth in Section 3.1.

"TVM" shall mean a percentage equal to the 12 month average of one year LIBOR
for the preceding 12 months (measured on each December 15 following a Tax
Period) plus 0.20% (20 basis points).

     Section 1.2. Rules of Construction. For all purposes of this Servicing
Agreement, unless the context otherwise requires, the rules of construction set
forth in the Appendix of Defined Terms and Rules of Construction attached to the
Retail Distribution Agreement as APPENDIX A shall be applicable to this
Servicing Agreement.

     Section 1.3. Corporate Reorganizations.

          (a) The Block Companies may assign their rights and obligations under
this Servicing Agreement to one or more Subsidiaries of H&R Block without the
consent of the HSBC Companies if (i) such assignment is desirable in connection
with a reorganization of the

                                        5

<PAGE>

business operations of H&R Block's Subsidiaries, (ii) such contemplated
assignment will not materially adversely affect any right or obligation of any
HSBC Company under this Servicing Agreement, and (iii) the contemplated assignee
(A) is a wholly owned (direct or indirect) Subsidiary of H&R Block and (B) has
the operational and financial capacity to meet all obligations of the assigning
Block Company under this Servicing Agreement contemplated to be assigned to it
(a "Permitted Block Assignment"). The assigning Block Companies shall provide
each of the HSBC Companies at least sixty (60) days prior written notice of any
contemplated Permitted Block Assignment. The parties hereto agree to amend this
Servicing Agreement to the extent necessary to reflect such Permitted Block
Assignment.

          (b) The HSBC Companies may assign their rights and obligations under
this Servicing Agreement to one or more Subsidiaries of HSBC North American
Holdings, Inc., without the consent of the Block Companies if (i) such
assignment is desirable in connection with a reorganization of the business
operations of HSBC North American Holdings, Inc.'s Subsidiaries, (ii) such
contemplated assignment will not materially adversely affect any right or
obligation of any Block Company under this Servicing Agreement, and (iii) the
contemplated assignee (A) is a wholly owned (direct or indirect) Subsidiary of
HSBC North American Holdings, Inc., (B) only with respect to any assignment by
HSBC Bank under this Section 1.3(b), is a national bank or federal savings
association and (C) has the operational and financial capacity to meet all
obligations of the assigning HSBC Company under this Servicing Agreement
contemplated to be assigned to it (a "Permitted HSBC Assignment"). The assigning
HSBC Companies shall provide each of the Block Companies at least sixty (60)
days prior written notice of any contemplated Permitted HSBC Assignment. The
parties hereto agree to amend this Servicing Agreement to the extent necessary
to reflect such Permitted HSBC Assignment.

          (c) If HSBC Bank assigns this Servicing Agreement by a Permitted HSBC
Assignment, then HSBC Bank shall also assign to such Subsidiary(ies) its rights
and obligations under the HSBC Servicing Agreement with respect to this
Servicing Agreement.

                                   ARTICLE II
                              RETENTION OF SERVICER

     Section 2.1. Engagement. The Originator hereby appoints the Servicer, and
the Servicer hereby accepts such appointment, to act exclusively as the agent of
the Originator to perform the Settlement Products Servicing (as defined in
Section 3.1 below) with respect to each of the Settlement Products throughout
the term of this Servicing Agreement or for such other period of time as set
forth herein, upon and subject to the terms, covenants and provisions hereof.

                                   ARTICLE III
                            SERVICES TO BE PERFORMED

     Section 3.1. Services as Settlement Product Servicer. The Servicer hereby
agrees to serve as the servicer with respect to each of the Settlement Products
on behalf of the Originator and for the benefit of each Participant. The
Servicer shall service and administer each Settlement

                                        6

<PAGE>

Product upon and subject to the terms of this Servicing Agreement and that
certain Amended and Restated Services Agreement (as amended from time to time,
the "HSBC Servicing Agreement"), dated as of January 20, 2005, by and between
HSBC TFS and HSBC Bank ("Settlement Products Servicing"). In the event of any
inconsistency between the terms and provisions of this Servicing Agreement and
the HSBC Servicing Agreement, the terms and provisions of this Servicing
Agreement shall govern and control. The HSBC Servicing Agreement shall not be
terminated or permitted to lapse during the term of this Servicing Agreement,
except as provided in Section 11.2(a)(ii). Notwithstanding any provision of this
Servicing Agreement to the contrary, Originator and Servicer may amend the HSBC
Servicing Agreement without the consent of any Participant if such amendment (a)
pertains uniformly to all refund anticipation loan programs serviced by the
Servicer, and (b) does not cause a Material Adverse Effect with respect to any
Participant, Block Company or Affiliate thereof, or Franchisee. The Originator
and the Servicer shall give prompt notice to each Participant of any breach by
the Servicer of its obligations under the HSBC Servicing Agreement, or any
termination of the HSBC Servicing Agreement. The Originator hereby makes to each
Participant the representations and warranties set forth in Section 13(a) of the
HSBC Servicing Agreement (provided that all references therein to "Agreement"
shall mean the HSBC Servicing Agreement) as of the date hereof. The Servicer
hereby makes to each Participant the representations and warranties set forth in
Section 13(b) of the HSBC Servicing Agreement (provided that all references
therein to "Agreement" shall mean the HSBC Servicing Agreement) as of the date
hereof.

     Section 3.2. Deposit Accounts. With respect to each Settlement Product, the
Servicer shall establish and maintain one Deposit Account in compliance with IRS
regulations for the benefit of the Settlement Product Client for the purposes
set forth herein. Deposit Accounts shall be denominated in the name of the
Settlement Product Client. The Servicer shall deposit into each Deposit Account,
on the day of receipt, all payments and collections received by it on or after
the date hereof with respect to the related Settlement Product, including, but
not limited to the Refund Paid.

     Section 3.3. Authorized Withdrawals Related to Unparticipated HSBC RALs.
With respect to any Deposit Account related to an Unparticipated HSBC RAL and in
accordance with the corresponding Application and other related documents
including, without limitation, any related RAL Document, the Servicer, following
the deposit of any payment or collection into such Deposit Account pursuant to
Section 3.2, shall make withdrawals from such Deposit Account only as follows
(the order set forth below constituting an order of priority for such
withdrawals):

          (a) to withdraw any amount deposited in such Deposit Account which was
not required to be deposited therein;

          (b) except as otherwise specified below, to remit all amounts on
deposit in such Deposit Account (that represent good funds, net of any prior
withdrawals from the Deposit Account pursuant to this Section 3.3) no later than
4:30 p.m. Eastern time on the Business Day following receipt, pursuant to wiring
instructions from the Originator, in the order listed below; provided, however,
that except as provided below, amounts on deposit must be received by the
Servicer prior to 8:00 p.m. Eastern time on a Business Day; provided, further,
that except as

                                        7

<PAGE>

provided below, any amounts received at or after 8:00 p.m. Eastern time on a
Business Day shall be deemed to have been received on the following Business
Day:

               (i) to the applicable ERO, the Delinquent ERO Charges (payable
     solely out of the Refund Paid), in the manner and at such times as set
     forth in Section 9.8(a) of the Retail Distribution Agreement, net of
     Delinquent ERO Charge Collection Fees (if any, but in any event subject to
     Section 5.2(b)), which shall be retained by the Servicer;

               (ii) to the Originator, the related RAL Principal Amount;

               (iii) to the Originator, the Late Fees, if any;

               (iv) to the applicable creditor or creditors, the First Priority
     Prior Indebtedness (payable in order of oldest to most recent First
     Priority Prior Indebtedness, in each case allocated in accordance with the
     priorities set forth in Section 3.4(b) of this Servicing Agreement);
     provided, however, that if the source of payment of such amounts is the
     Refund Paid and if the Servicer receives an information file from the IRS
     regarding such Refund Paid on or before the second Business Day preceding
     receipt of such Refund Paid, then if the calendar day following receipt is
     not a Business Day, such amounts shall be remitted via wire transfer on
     later than 4:30 p.m. Eastern time on the day of receipt;

               (v) to the applicable creditor or creditors, via ACH credit or
     otherwise in accordance with the servicing standard specified in the HSBC
     Servicing Agreement, the Second Priority Prior Indebtedness;

               (vi) to the applicable Person or Persons entitled thereto, via
     ACH credit or otherwise in accordance with the servicing standard specified
     in the HSBC Servicing Agreement, the Other Required Deductions;

               (vii) to the Person or Persons entitled thereto, via ACH credit
     or otherwise in accordance with the servicing standard specified in the
     HSBC Servicing Agreement, such other Authorized Deductions as the
     Settlement Products Client shall have authorized in writing, including any
     custodian for an XIRA; and

               (viii) to the Settlement Product Client, any remaining amounts to
     be processed as a Disbursement by the Originator; and

          (c) to clear and terminate such Deposit Account upon the termination
of the Servicer's obligations with respect to such Deposit Account under this
Servicing Agreement.

The parties hereto acknowledge that, with respect to Unparticipated HSBC RALs,
any related ERO Charges shall have already been paid out of related RAL proceeds
pursuant to Section 9.8 of the Retail Distribution Agreement. Notwithstanding
the foregoing, the order of priority of distributions specified in clause (b)
above shall be subject to the priority of distributions specified in any
existing collection agreement related to applicable Second Priority Prior
Indebtedness and to which the Servicer is party; provided, however, that any new
collection agreement entered into by the Servicer (which shall include any
existing collection agreement to

                                        8

<PAGE>

which the Servicer is party and as to which the Servicer exercises an option
held by it to extend the term of such collection agreement beyond December 31,
2007) shall provide for priority of distributions consistent with clause (b)
above.

     Section 3.4. Authorized Withdrawals Related to Participated HSBC RALs. With
respect to any Deposit Account related to a Participated HSBC RAL and in
accordance with the corresponding Application and other related documents
including, without limitation, any related RAL Document, the Servicer, following
the deposit of any payment or collection into such Deposit Account pursuant to
Section 3.2, shall make withdrawals from such Deposit Account only as follows
(unless otherwise provided below, the order set forth below constituting an
order of priority for such withdrawals):

          (a) to withdraw any amount deposited in such Deposit Account which was
not required to be deposited therein;

          (b) except as otherwise specified below, to remit all amounts on
deposit in such Deposit Account (that represent good funds, net of any prior
withdrawals from the Deposit Account pursuant to this Section 3.4) no later than
4:30 p.m. Eastern time on the Business Day following receipt, pursuant to wiring
instructions from the Originator, in the order listed below; provided, however,
that except as provided below, amounts on deposit must be received by the
Servicer prior to 8:00 p.m. Eastern time on a Business Day; provided, further,
that except as provided below, any amounts received at or after 8:00 p.m.
Eastern time on a Business Day shall be deemed to have been received on the
following Business Day:

               (i) to the applicable ERO, the Delinquent ERO Charges, (payable
     solely out of the Refund Paid), in the manner and at such times as set
     forth in Section 9.8(a) of the Retail Distribution Agreement, net of
     Delinquent ERO Charge Collection Fees (if any, but in any event subject to
     Section 5.2(b)), which shall be retained by the Servicer;

               (ii) to the Originator in accordance with its RAL Ownership
     Interest, to each Participant in accordance with its respective
     Participation Interest, and to each holder of any other related
     participation interest in accordance with such interest (such rights of
     each Participant and holder under this clause (ii) being pari passu with
     the rights of the Originator and each other under this clause (ii)), the
     related RAL Principal Amount; provided, however, that if the source of
     payment of such amounts is the Refund Paid and if the Servicer receives an
     information file from the IRS regarding such Refund Paid on or before the
     second Business Day preceding receipt of such Refund Paid, then if the
     calendar day following receipt is not a Business Day, such amounts shall be
     remitted via wire transfer on later than 4:30 p.m. Eastern time on the day
     of receipt;

               (iii) to the Originator in accordance with its RAL Ownership
     Interest, to each Participant in accordance with its respective
     Participation Interest, and to each holder of any other related
     participation interest in accordance with such interest (such rights of
     each Participant and holder under this clause (iii) being pari passu with
     the rights of the Originator and each other under this clause (iii)), the
     Late Fees, if any; provided, however, that if the source of payment of such
     amounts is the Refund Paid and

                                        9

<PAGE>

     if the Servicer receives an information file from the IRS regarding such
     Refund Paid on or before the second Business Day preceding receipt of such
     Refund Paid, then if the calendar day following receipt is not a Business
     Day, such amounts shall be remitted via wire transfer on later than 4:30
     p.m. Eastern time on the day of receipt;

               (iv) to the applicable creditor or creditors, the First Priority
     Prior Indebtedness (payable in order of oldest to most recent First
     Priority Prior Indebtedness, in each case allocated in accordance with the
     priorities set forth in Section 3.4(b) of this Servicing Agreement);
     provided, however, that if the source of payment of such amounts is the
     Refund Paid and if the Servicer receives an information file from the IRS
     regarding such Refund Paid on or before the second Business Day preceding
     receipt of such Refund Paid, then if the calendar day following receipt is
     not a Business Day, such amounts shall be remitted via wire transfer on
     later than 4:30 p.m. Eastern time on the day of receipt;

               (v) to the applicable creditor or creditors, via ACH credit or
     otherwise in accordance with the servicing standard specified in the HSBC
     Servicing Agreement, the Second Priority Prior Indebtedness;

               (vi) to the applicable Person or Persons entitled thereto, via
     ACH credit or otherwise in accordance with the servicing standard specified
     in the HSBC Servicing Agreement, the Other Required Deductions;

               (vii) to the Person or Persons entitled thereto, via ACH credit
     or otherwise in accordance with the servicing standard specified in the
     HSBC Servicing Agreement, such other Authorized Deductions as the
     Settlement Products Client shall have authorized in writing, including any
     custodian for an XIRA; and

               (viii) to the Settlement Product Client, any remaining amounts to
     be processed as a Disbursement by the Originator;

     provided, however, that if the Participated HSBC RAL is a Defaulted HSBC
     RAL, then the Servicer shall collect the applicable Defaulted RAL
     Collection Fee by withholding and retaining an amount (subject to Section
     5.2(b)) equal to the product of (a) the Defaulted RAL Collection Fee
     Percentage multiplied by (b) the amounts otherwise distributable pursuant
     to subparagraphs (ii), (iii) and (iv) above; and

          (c) to clear and terminate such Deposit Account upon the termination
of the Servicer's obligations with respect to such Deposit Account under this
Servicing Agreement.

The parties hereto acknowledge that, with respect to Participated HSBC RALs, any
related ERO Charges shall have already been paid out of related RAL proceeds
pursuant to Section 9.8 of the Retail Distribution Agreement. Notwithstanding
the foregoing, the order of priority of distributions specified in clause (b)
above shall be subject to the priority of distributions specified in any
existing collection agreement related to applicable Second Priority Prior
Indebtedness and to which the Servicer is party; provided, however, that any new
collection agreement entered into by the Servicer (which shall include any
existing collection agreement to which the Servicer is party and as to which the
Servicer exercises an option held by it to extend

                                       10

<PAGE>

the term of such collection agreement beyond December 31, 2007) shall provide
for priority of distributions consistent with clause (b) above.

     Section 3.5. Authorized Withdrawals Related to RACs, Denied Classic RALs
and Denied Classic eRALs. With respect to any Deposit Account related to a RAC,
Denied Classic RAL or Denied Classic eRAL, and in accordance with the
corresponding Application and other related documents, the Servicer, following
the deposit of any payment or collection into such Deposit Account pursuant to
Section 3.2, shall make withdrawals from such Deposit Account only as follows
(the order set forth below constituting an order of priority for such
withdrawals):

          (a) to withdraw any amount deposited in such Deposit Account which was
not required to be deposited therein;

          (b) except as otherwise specified below, to remit all amounts on
deposit in such Deposit Account (that represent good funds, net of any prior
withdrawals from the Deposit Account pursuant to this Section 3.5) no later than
4:30 p.m. Eastern time on the Business Day following receipt, pursuant to wiring
instructions from the Originator, in the order listed below; provided, however,
that except as provided below, amounts on deposit must be received by the
Servicer prior to 8:00 p.m. Eastern time on a Business Day; provided, further,
that except as provided below, any amounts received at or after 8:00 p.m.
Eastern time on a Business Day shall be deemed to have been received on the
following Business Day:

               (i) to the applicable ERO, the ERO Charges, (payable solely out
     of the Refund Paid), in the manner and at such times as set forth in
     Section 9.8(a) or Section 9.8(b), as applicable, of the Retail Distribution
     Agreement;

               (ii) to the applicable ERO, the Delinquent ERO Charges, (payable
     solely out of the Refund Paid), in the manner and at such times as set
     forth in Section 9.8(a) of the Retail Distribution Agreement, net of
     Delinquent ERO Charge Collection Fees (if any, but in any event subject to
     Section 5.2(b)), which shall be retained by the Servicer;

               (iii) to the Originator, the Refund Account Fee;

               (iv) to the applicable creditor or creditors, the First Priority
     Prior Indebtedness (payable in order of oldest to most recent First
     Priority Prior Indebtedness, in each case allocated in accordance with the
     priorities set forth in Section 3.4(b) of this Servicing Agreement);
     provided, however, that if the source of payment of such amounts is the
     Refund Paid and if the Servicer receives an information file from the IRS
     regarding such Refund Paid on or before the second Business Day preceding
     receipt of such Refund Paid, then if the calendar day following receipt is
     not a Business Day, such amounts shall be remitted via wire transfer on
     later than 4:30 p.m. Eastern time on the day of receipt;

               (v) to the applicable creditor or creditors, via ACH credit or
     otherwise in accordance with the servicing standard specified in the HSBC
     Servicing Agreement, the Second Priority Prior Indebtedness;

                                       11

<PAGE>

               (vi) to the Person or Persons entitled thereto, via ACH credit or
     otherwise in accordance with the servicing standard specified in the HSBC
     Servicing Agreement, the Other Required Deductions;

               (vii) to the Person or Persons entitled thereto, via ACH credit
     or otherwise in accordance with the servicing standard specified in the
     HSBC Servicing Agreement, such other Authorized Deductions as the
     Settlement Products Client shall have authorized in writing, including any
     custodian for an XIRA; and

               (viii) to the Settlement Product Client, any remaining amounts to
     be processed as a RAC;

     provided, however, that the Servicer shall collect the applicable Defaulted
     RAL Collection Fee, if any, by withholding and retaining an amount (subject
     to Section 5.2(b)) equal to the product of (a) the Defaulted RAL Collection
     Fee Percentage multiplied by (b) the amounts otherwise distributable
     pursuant to subparagraph (iv) above; and

          (c) to clear and terminate such Deposit Account upon the termination
of the Servicer's obligations with respect to such Deposit Account under this
Servicing Agreement.

Notwithstanding the foregoing, the order of priority of distributions specified
in clause (b) above shall be subject to the priority of distributions specified
in any existing collection agreement related to applicable Second Priority Prior
Indebtedness and to which the Servicer is party; provided, however, that any new
collection agreement entered into by the Servicer (which shall include any
existing collection agreement to which the Servicer is party and as to which the
Servicer exercises an option held by it to extend the term of such collection
agreement beyond December 31, 2007) shall provide for priority of distributions
consistent with clause (b) above.

     Section 3.6. Priority. The Servicer shall not withdraw from any Deposit
Account and remit to any party any amounts in satisfaction of any indebtedness,
obligations or otherwise of any Settlement Products Client prior to satisfaction
of all obligations, indebtedness and otherwise of such Settlement Products
Client under subsections (a) and (b) of Sections 3.3, 3.4 or 3.5, as applicable.

     Section 3.7. No Set-off. Except as otherwise specifically provided in this
Article III with respect to retention of Defaulted RAL Collection Fees, none of
the Servicer, the Originator or any Affiliate thereof shall have any right to
set-off against amounts payable hereunder to any Participant or any Affiliate
thereof. The parties agree that the preceding sentence shall not be construed to
limit or adversely affect the ability of any Block Company to apply or offset
the Defaulted RAL Collection Fee Credit against amounts payable to any HSBC
Company in the manner set forth in Section 5.2.

                                       12

<PAGE>

                                   ARTICLE IV
                             STATEMENTS AND REPORTS

     Section 4.1. Reporting by the Servicer.

          (a) The Servicer shall provide, or cause to be provided, as
applicable, to the Originator and each Participant the following:

               (i) No later than 8:30 a.m. Eastern time on each Business Day, a
     report setting forth (A) the aggregate amount of collections processed by
     Servicer on the immediately preceding Business Day and the Originator's and
     each Participant's share thereof, (B) the number of and aggregate amount
     outstanding of HSBC RALs as of the close of business on the immediately
     preceding Business Day and the Originator's and each Participant's share
     thereof, and (C) the number and principal amount of HSBC RALs funded by the
     Originator on the immediately preceding Business Day on a "checks cleared"
     basis and the Originator's and each Participant's share of collections
     related thereto;

               (ii) On the eighth (8th) day of each month, or if such day is not
     a Business Day, the immediately preceding Business Day, a report setting
     forth (A) the aggregate amount of collections processed by Servicer during
     the immediately preceding month and the Originator's and each Participant's
     share thereof, (B) the number of and aggregate amount outstanding of HSBC
     RALs as of the end of the last day of the immediately preceding month and
     the Originator's and each Participant's share thereof, (C) an aging of HSBC
     RALs outstanding as of the end of the last day of the immediately preceding
     month, (D) the aggregate amount outstanding and an aging (by year) of
     Defaulted HSBC RALs as of the end of the last day of the immediately
     preceding month, (E) the number of HSBC RALs issued during the immediately
     preceding month and the Originator's and each Participant's share of
     collections related thereto, and (F) the aggregate amount of HSBC RALs
     (exclusive of Defaulted HSBC RALs) with respect to which payment has not
     been received from the Obligor within the thirty (30) day period following
     the day on which each such HSBC RAL was issued and the Originator's and
     each Participant's share thereof;

               (iii) On the second Business Day following December 15 of each
     Tax Year, estimates (based upon information available as of December 15 of
     such Tax Year) of (a) the IRS Collections Percentage with respect to such
     Tax Year and the Defaulted RAL Collection Fee Credit, and (b) the HSBC
     Servicing Fee and the Block Servicing Fee for the related Tax Period, along
     with supporting data, documentation and computations for each such
     estimate;

               (iv) On the second Business Day following the conclusion of each
     Tax Year, its determination (as of the end of such Tax Year) of (a) the IRS
     Collections Percentage with respect to such Tax Year and the Defaulted RAL
     Collection Fee Credit, and (b) the HSBC Servicing Fee and the Block
     Servicing Fee for the related Tax Period, along with supporting data,
     documentation and computations for each such determination;

                                       13

<PAGE>

               (v) Unless a Type II SAS 70 report (or any equivalent thereof or
     successor thereto) has been previously delivered pursuant to Section 6.10
     of the Retail Distribution Agreement in the then-current calendar year, on
     the thirtieth (30th) day of the second month immediately following the end
     of each of the Originator's and Servicer's fiscal year, as applicable, a
     report prepared by a nationally recognized independent accounting firm
     regarding its evaluation of the Originator's or Servicer's, as applicable,
     internal accounting controls relative to its respective obligations under
     the Program Contracts with respect to the Settlement Products, such report
     including an opinion (assuming the accuracy of any reports generated by the
     agents of Originator or Servicer, as applicable) of such accounting firm
     that the systems of internal accounting controls of the Originator or the
     Servicer, as applicable, in effect on the day set forth in the report were
     sufficient for the prevention and detection of errors for such exceptions,
     errors or irregularities as such firm shall believe to be immaterial to the
     financial statements of the Originator or the Servicer, as applicable, and
     such other exceptions, errors or irregularities as shall be set forth in
     such report; provided, however, that the HSBC Companies and the Block
     Companies shall split equally expenses incurred by the HSBC Companies in
     connection with the preparation of any such reports; provided, further,
     that the Block Companies' portion of such expenses shall not exceed Fifty
     Thousand Dollars ($50,000) in any year of the Term of this Servicing
     Agreement;

               (vi) At the request of any Participant (but not more often than
     annually), on or before June 30 of each year, a special report that the
     Servicer shall obtain from its independent certified public accountants (in
     such form and subject to such assumptions, limitations and qualifications
     as such accountants generally require for special reports of such type)
     that shall in effect state that the amounts calculated for the Servicer's
     Block Servicing Fee, the HSBC Servicing Fee, the IRS Collections
     Percentage, the Defaulted RAL Collection Fee Percentage and the Defaulted
     RAL Collection Fee Credit for the previous Tax Period or Tax Year, as
     applicable, under Article V hereof are in compliance with the terms of this
     Servicing Agreement or stating the nature of any variance from the terms of
     this Servicing Agreement, provided, that each requesting Participant and
     the Servicer shall share the cost of such report equally (with each such
     Participant reimbursing the Servicer for such Participant's share such
     cost); and

               (vii) Any statement, report or information reasonably requested
     by the Originator or any Participant; provided, however, that the Servicer
     shall not be required to provide copies of any statement, report or
     information requested by, or provided to, any applicable regulatory agency;
     provided, further, that the preceding proviso shall not preclude the
     provision of the same or similar information to the extent that the request
     therefor is not specifically framed in the context of responses to requests
     of applicable regulatory agencies.

          (b) Unless otherwise specifically stated herein, if the Servicer is
required to deliver any statement, report or information under any provision of
this Servicing Agreement, the Servicer shall satisfy such obligation by
delivering such statement, report or information in a commonly used electronic
format.

                                       14

<PAGE>

                                   ARTICLE V
                       SERVICER COMPENSATION AND EXPENSES

     Section 5.1. HSBC Servicing Fee and Block Servicing Fee.

     (a) In consideration for the Settlement Products Servicing performed by the
Servicer pursuant to this Servicing Agreement, as soon as possible after
December 31st, but in any event on or before the fifth Business Day after such
date, following each Tax Period during the Term of the Retail Distribution
Agreement (beginning in December 2007):

     (i) HTMAC shall pay to the Servicer the applicable HSBC Servicing Fee; and

     (ii) BFC shall pay to the Servicer the applicable Block Servicing Fee;

in each case via wire transfer of immediately available funds to an account
designated in writing by the Servicer.

     (b) The Servicer shall not have a right of set-off to collect the HSBC
Servicing Fee or the Block Servicing Fee from any funds held, or amount payable,
by the Servicer pursuant to the Servicing Agreement. The Servicer shall not have
any lien on amounts payable to any Participant hereunder.

     Section 5.2. Defaulted RAL Collection Fee; Defaulted RAL Collection Fee
Credit.

          (a) In addition to the servicing fees described in section 5.1 above,
as consideration for collection of certain Defaulted HSBC RALs, the Servicer
shall be entitled to receive a Defaulted RAL Collection Fee for each Defaulted
HSBC RAL solely from the funds, and in accordance with the payment provisions,
specified in Article III of this Servicing Agreement.

          (b) Notwithstanding any provision of any Program Contract to the
contrary, the Defaulted RAL Collection Fee Credit shall, at the sole option of
the applicable Block Company, be offset against any amount owed (either directly
or by way of allocation of losses) by any of the Block Companies to any of the
HSBC Companies with respect to the Settlement Products Program, including but
not limited to any portion of Defaulted RAL Collection Fees or Delinquent ERO
Charge Collection Fees allocable to a Block Company (or an Affiliate thereof,
but in no event allocable to a Franchisee) in its capacity as a Participant or
an ERO.

     Section 5.3. Servicing Expense. The Servicer shall pay all expenses
incurred by it in connection with its Settlement Products Servicing activities
hereunder and shall not be entitled to reimbursement thereof except as
specifically provided for herein or as provided in the HSBC Servicing Agreement
(but only to the extent that the HSBC Servicing Agreement does not provide for
payment of such amounts by any Participant out of its own funds or by retention
or offset of amounts otherwise payable to any Participant hereunder or the
Participation Agreement).

                                       15

<PAGE>

                                   ARTICLE VI
                THE SERVICER, THE ORIGINATOR AND THE PARTICIPANTS

     Section 6.1. Subservicing. The Servicer shall provide oversight and
supervision with regard to the performance of all subcontracted services and any
subservicing agreement shall be consistent with and subject to the provisions of
this Servicing Agreement. Neither the existence of any subservicing agreement
nor any of the provisions of this Servicing Agreement relating to subservicing
shall relieve the Servicer of its obligations hereunder. Notwithstanding any
such subservicing agreement, the Servicer shall be obligated to the same extent
and under the same terms and conditions as if the Servicer alone was servicing
and administering the related Settlement Products in accordance with the terms
of this Servicing Agreement. The Servicer shall be solely liable for all fees
owed by it to any subservicer, regardless of whether the Servicer's compensation
hereunder is sufficient to pay such fees.

     Section 6.2. Servicer Not to Assign. Except as otherwise provided in
Section 1.3(b), the Servicer may not assign this Servicing Agreement or any of
its rights, powers, duties or obligations hereunder without the written consent
of the Originator and each Participant.

                                  ARTICLE VII
              REPRESENTATIONS AND WARRANTIES OF THE BLOCK COMPANIES

     Section 7.1. Representations Incorporated by Reference. Each Block Company
that is a party to this Servicing Agreement represents and warrants, with
respect to itself only, to each of the HSBC Companies that is a party to this
Servicing Agreement that each representation and warranty made by it in Article
III of the Retail Distribution Agreement is true and correct, each and all of
which are made as of the date hereof (except the representations and warranties
in Section 3.6 of the Retail Distribution Agreement) and as of each day during
the term of this Servicing Agreement.

                                  ARTICLE VIII
              REPRESENTATIONS AND WARRANTIES OF THE HSBC COMPANIES

     Section 8.1. Representations Incorporated by Reference. Each HSBC Company
that is a party to this Servicing Agreement represents and warrants, with
respect to itself only, to each of the Block Companies that is a party to this
Servicing Agreement that each representation and warranty made by it in Article
IV of the Retail Distribution Agreement is true and correct, each and all of
which are made as of the date hereof and (except the representations and
warranties in Section 4.6 of the Retail Distribution Agreement) as of each day
during the term of this Servicing Agreement.

                                   ARTICLE IX
         DEFAULT OF BFC AND REMEDIES OF HSBC COMPANIES AND THE SERVICER

     Section 9.1. BFC Events of Default. The occurrence of any one or more of
the following events for any reason whatsoever (whether voluntary or
involuntary, by operation of law or otherwise) shall constitute an event of
default with respect to BFC:

                                       16

<PAGE>

          (a) BFC fails to observe or perform any covenant applicable to it
contained in this Servicing Agreement (or, in the event such covenant does not
contain a Material Adverse Effect qualification, so long as such failure could
reasonably be expected to have a Material Adverse Effect) and the same shall
remain unremedied for five (5) days or more following receipt of written notice
of such failure;

          (b) any representation, warranty, certification or statement made by
BFC in this Servicing Agreement shall prove to have been incorrect in any
respect (or, in the event such representation, warranty, certificate or
statement made in this Servicing Agreement does not contain a Material Adverse
Effect qualification, so long as such incorrect representation, warranty,
certification or statement could reasonably be expected to have a Material
Adverse Effect); or

          (c) a Block Event of Default occurs under the Retail Distribution
Agreement.

     Section 9.2. Remedies.

          (a) If any event of default by BFC under Section 9.1 has occurred and
is continuing and adversely affects any HSBC Company party hereto, other than
the Servicer, the following actions may be taken:

               (i) Termination. Any HSBC Company other than the Servicer may
     terminate itself as a party to this Servicing Agreement. Such HSBC Company
     terminating itself as a party to this Servicing Agreement under this
     Section 9.2(a)(i) shall promptly provide written notice to BFC and the
     Servicer. The effective date of any termination shall be the date such
     corresponding notice was received by BFC. For purposes of this Section
     9.2(a)(i), a termination by such HSBC Company shall only be with respect to
     itself as a party to this Servicing Agreement and shall not be deemed to be
     a termination of this Servicing Agreement with respect to any other party.

               (ii) Other Rights and Remedies. Subject to Section 9.2(b), any
     HSBC Company may exercise any rights and remedies provided to it under the
     Servicing Agreement or at law or equity.

          (b) If any event of default by BFC under Section 9.1 has occurred and
is continuing and adversely affects the Servicer, the Servicer may exercise any
rights and remedies provided to it under the Servicing Agreement or at law or
equity; provided, however, the Servicer shall be prohibited from terminating
this Servicing Agreement or suspending, in whole or in part, its performance
hereunder.

     Section 9.3. Default Rate. If any event of default of BFC has occurred and
is continuing, and all or any portion of the Obligations hereunder of BFC are
outstanding, such Obligations or any portion thereof shall bear interest at the
Default Rate until such Obligations or such portion thereof plus all interest
thereon are paid in full.

     Section 9.4. Waiver. Any HSBC Company may waive, in writing, any event of
default of BFC. Upon any such waiver of a past event of default of BFC, such
event of default of BFC shall cease to exist; provided, however, that such
waiver shall not excuse or discharge any

                                       17

<PAGE>

Obligations relating to or liabilities arising from such event of default of
BFC. No such waiver shall extend to any subsequent or other event of default of
BFC or impair any right consequent thereon except to the extent expressly so
waived.

                                   ARTICLE X
         DEFAULT OF HSBC COMPANIES AND REMEDIES OF BFC AND THE SERVICER

     Section 10.1. HSBC Company Events of Default. The occurrence of any one or
more of the following events for any reason whatsoever (whether voluntary or
involuntary, by operation of law or otherwise) shall constitute an event of
default with respect to any HSBC Company party hereto:

          (a) such HSBC Company fails to observe or perform any covenant
applicable to it contained in this Servicing Agreement (or, in the event such
covenant does not contain a Material Adverse Effect qualification, so long as
such failure could reasonably be expected to have a Material Adverse Effect),
following receipt of notice of such failure and the same shall remain unremedied
for five (5) days or more following receipt of such notice;

          (b) any representation, warranty, certification or statement made by
such HSBC Company in this Servicing Agreement is incorrect in any respect (or,
in the event such representation, warranty, certificate or statement made in
this Servicing Agreement does not contain a Material Adverse Effect
qualification, so long as such incorrect representation, warranty, certification
or statement could reasonably be expected to have a Material Adverse Effect); or

          (c) a HSBC Event of Default occurs under the Retail Distribution
Agreement.

     Section 10.2. Remedies.

          (a) If any event of default by any HSBC Company under Section 10.1 has
occurred and is continuing and adversely affects BFC, the following actions may
be taken:

               (i) Termination. BFC may terminate this Servicing Agreement. In
     the event BFC terminates this Servicing Agreement under this Section
     10.2(a)(i), it shall promptly provide written notice to each HSBC Company
     and the Servicer. The effective date of any termination shall be the
     earliest date such corresponding notice was received by any HSBC Company.

               (ii) Other Rights and Remedies. BFC may exercise any rights and
     remedies provided to it under the Servicing Agreement or at law or equity.

          (b) If any event of default by any HSBC Company under Section 10.1 has
occurred and is continuing and adversely affects the Servicer, the Servicer may
exercise any rights and remedies provided to it under the Servicing Agreement or
at law or equity; provided, however, the Servicer shall be prohibited from
terminating this Servicing Agreement or suspending, in whole or in part, its
performance hereunder.

                                       18

<PAGE>

     Section 10.3. Default Rate. If any event of default of any HSBC Company has
occurred and is continuing, and all or any portion of the Obligations hereunder
of the HSBC Companies parties hereto are outstanding, such Obligations or any
portion thereof shall bear interest at the Default Rate until such Obligations
or such portion thereof plus all interest thereon are paid in full.

     Section 10.4. Waiver. BFC may waive, in writing, any event of default of
any HSBC Company. Upon any such waiver of a past event of default of any HSBC
Company, such event of default of such HSBC Company shall cease to exist;
provided, however, that such waiver shall not excuse or discharge any
Obligations relating to or liabilities arising from such event of default of
such HSBC Company. No such waiver shall extend to any subsequent or other event
of default of any HSBC Company or impair any right consequent thereon except to
the extent expressly so waived.

                                   ARTICLE XI
         DEFAULT OF THE SERVICER AND REMEDIES OF BFC AND HSBC COMPANIES

     Section 11.1. Servicer Events of Default. The occurrence of any one or more
of the following events for any reason whatsoever (whether voluntary or
involuntary, by operation of law or otherwise) shall constitute an event of
default with respect to the Servicer (each, a "Servicer Event of Default"):

          (a) the Servicer fails to remit to HSBC Bank or any Participant any
payment required to be so remitted by the Servicer under the terms of this
Servicing Agreement when and as due;

          (b) the Servicer fails to observe or perform any other covenant
applicable to it contained in the HSBC Servicing Agreement or this Servicing
Agreement (or, in the event such covenant does not contain a Material Adverse
Effect qualification, so long as such failure could reasonably be expected to
have a Material Adverse Effect), following receipt of notice of such failure and
the same shall remain unremedied for ten (10) days or more following receipt of
such notice;

          (c) any representation, warranty, certification or statement made by
the Servicer in this Servicing Agreement shall prove to have been incorrect in
any respect (or, in the event such representation, warranty, certificate or
statement made in this Servicing Agreement does not contain a Material Adverse
Effect qualification, so long as such incorrect representation, warranty,
certification or statement could reasonably be expected to have a Material
Adverse Effect);

          (d) a HSBC Event of Default occurs under the Retail Distribution
Agreement; or

          (e) any termination of the HSBC Servicing Agreement.

                                       19

<PAGE>

     Section 11.2. Remedies.

          (a) If any Servicer Event of Default has occurred and is continuing
and adversely affects HSBC Bank, the following actions may be taken:

               (i) Termination. HSBC Bank may terminate itself as a party to
     this Servicing Agreement. In the event HSBC Bank terminates itself as a
     party to this Servicing Agreement under this Section 11.2(a)(i), it shall
     promptly provide written notice to the Servicer and the Participants. The
     effective date of any termination shall be the date such corresponding
     notice was received by the Servicer. For purposes of this Section
     11.2(a)(i), a termination by HSBC Bank shall only be with respect to itself
     as a party to this Servicing Agreement and shall not be deemed to be a
     termination of this Servicing Agreement with respect to any other party.

               (ii) Replacement of the Servicer. HSBC Bank may terminate this
     Servicing Agreement and the HSBC Servicing Agreement; provided, that the
     effective date of such termination shall be the date on which a substitute
     servicer reasonably acceptable to HSBC Bank and the Participants has
     entered into a substitute servicing agreement, substantially similar to
     this Servicing Agreement, with HSBC Bank and the Participants, and the HSBC
     Servicing Agreement, with HSBC Bank, immediately prior to such termination
     of Servicer as a party to this Servicing Agreement and the HSBC Servicing
     Agreement.

               (iii) Other Rights and Remedies. HSBC Bank may exercise any
     rights and remedies provided to it under the Servicing Agreement or at law
     or equity.

          (b) If any Servicer Event of Default has occurred and is continuing
and adversely affects any Participant, the following actions may be taken:

               (i) Termination. Such Participant may terminate itself as a party
     to this Servicing Agreement. Any Participant terminating itself as a party
     to this Servicing Agreement under this Section 11.2(b)(i) shall promptly
     provide written notice to the Servicer and HSBC Bank. The effective date of
     any termination shall be the date such corresponding notice was received by
     the Servicer. For purposes of this Section 11.2(b)(ii), a termination by
     any Participant shall only be with respect to itself as a party to this
     Servicing Agreement and shall not be deemed to be a termination of this
     Servicing Agreement with respect to any other party.

               (ii) Replacement of the Servicer. Such Participant may terminate
     this Servicing Agreement; provided, that the effective date of such
     termination shall be the date on which a substitute servicer reasonably
     acceptable to HSBC Bank and the Participants has entered into a substitute
     servicing agreement, substantially similar to this Servicing Agreement,
     with HSBC Bank and the Participants immediately prior to such termination
     of Servicer as a party to this Servicing Agreement.

               (iii) Other Rights and Remedies. Such Participant may exercise
     any rights and remedies provided to it under the Servicing Agreement or at
     law or equity.

                                       20

<PAGE>

     Section 11.3. Default Rate. If any Servicer Event of Default has occurred
and is continuing, and all or any portion of the Obligations hereunder of the
Servicer are outstanding, such Obligations or any portion thereof shall bear
interest at the Default Rate until such Obligations or such portion thereof plus
all interest thereon are paid in full.

     Section 11.4. Substitute Servicer. On or after the receipt by the Servicer
of such written notice of termination of this Servicing Agreement, and if
applicable, the HSBC Servicing Agreement, all authority and power of the
Servicer under this Servicing Agreement, and if applicable, the HSBC Servicing
Agreement, whether with respect to the Settlement Products or otherwise, shall
pass to and be vested in the substitute servicer, and the Servicer agrees to
cooperate with HSBC Bank and each Participant in terminating the Servicer's
rights and responsibilities hereunder and under the HSBC Servicing Agreement,
including, without limitation, the transfer to the substitute servicer of the
servicing files and the funds held in the accounts as set forth in this
Servicing Agreement.

                                  ARTICLE XII
                 TERMINATION; TRANSFER OF PARTICIPATED HSBC RALS

     Section 12.1. Term. The term of this Servicing Agreement shall begin July
1, 2006 and shall terminate in accordance with Section 12.2.

     Section 12.2. Termination.

          (a) This Servicing Agreement shall terminate immediately, upon the
mutual written agreement of all of the parties hereto.

          (b) This Servicing Agreement shall terminate in accordance with
Section 11.2(a)(ii) and Section 11.2(b)(ii).

     Section 12.3. Termination of Agreement.

          (a) In no event shall the Settlement Product Servicing obligations of
the Servicer terminate prior to HSBC Bank and each Participant entering into a
servicing agreement substantially similar hereto with a substitute servicer
reasonably acceptable to HSBC Bank and each Participant.

          (b) Termination pursuant to this Article XII or as otherwise provided
herein shall be without prejudice to any rights of HSBC Bank, any Participant or
the Servicer which may have accrued through the date of termination hereunder.
Upon such termination, the Servicer shall (i) remit all funds in the Deposit
Accounts to such Person as is designated in writing by HSBC Bank and the
Participants; (ii) deliver all related servicing files to the Persons designated
in writing by HSBC Bank and the Participants; and (iii) fully cooperate with
HSBC Bank, the Participants and any substitute servicer to effectuate an orderly
transition of Settlement Product Servicing of the related Settlement Products.

                                       21

<PAGE>

                                  ARTICLE XIII
                            MISCELLANEOUS PROVISIONS

     Section 13.1. Survival.

          (a) The rights and obligations of the parties hereto under Articles I,
II, III, IV, V, VI, VII, VIII and XII of this Servicing Agreement shall survive
the termination or expiration of this Servicing Agreement until such time as no
liabilities hereunder are due and owing to the Originator or any Participant;
except that Section 3.3(b)(i), Section 3.4(b)(i), Section 3.5(b)(i) and Section
3.5(b)(ii) shall survive the termination or expiration of this Servicing
Agreement to and including December 31 occurring in the Tax Year in which the
Participation Agreement is terminated or expires.

          (b) The (i) representations and warranties of the parties hereto and
(ii) the rights and obligations of the parties hereto under Articles IX, X, XI
and XIII of this Servicing Agreement shall survive the termination or expiration
of this Servicing Agreement indefinitely.

     Section 13.2. No Waivers; Remedies Cumulative. No failure or delay by any
party hereto in exercising any right, power or privilege under this Servicing
Agreement shall operate as a waiver thereof nor shall any single or partial
exercise thereof preclude any other or further exercise thereof or the exercise
of any other right, power or privilege. The rights and remedies herein provided
shall be cumulative and not exclusive of any rights or remedies provided by law,
by other agreement or otherwise.

     Section 13.3. Notices. All notices, requests and other communications to
any party hereunder shall be provided in the manner set forth in Section 22.3 of
the Retail Distribution Agreement.

     Section 13.4. Severability. In case any provision of or obligation under
this Servicing Agreement shall be invalid, illegal or unenforceable in any
applicable jurisdiction, the validity, legality and enforceability of the
remaining provisions or obligations, or of such provision or obligation in any
other jurisdiction, shall not in any way be affected or impaired thereby.

     Section 13.5. Amendments and Waivers. Any provision of this Servicing
Agreement may be amended or waived only if such amendment or waiver is in
writing and is signed by all of the parties hereto.

     Section 13.6. Successors and Assigns. The provisions of this Servicing
Agreement shall be binding upon and inure to the benefit of the parties hereto
and their respective successors and assigns; provided, however, no such party
may assign or otherwise transfer any of its rights under this Servicing
Agreement without the prior written consent of all parties signatory hereto
except as otherwise provided in Section 1.3 and Section 6.1 hereof.

     Section 13.7. Headings. Headings and captions used in this Servicing
Agreement (including all exhibits and schedules thereto) are included herein for
convenience of reference only and shall not constitute a part of this Servicing
Agreement for any other purpose or be given any substantive effect.

                                       22

<PAGE>

     Section 13.8. Alternative Dispute Resolution. ANY DISPUTE BETWEEN OR AMONG
THE PARTIES HERETO ARISING OUT OF OR RELATING TO THIS SERVICING AGREEMENT OR THE
TRANSACTIONS CONTEMPLATED HEREIN (EXCEPT JUDICIAL ACTION FOR SPECIFIC
PERFORMANCE OR INJUNCTIVE RELIEF) SHALL BE RESOLVED AMONG THE PARTIES TO SUCH
DISPUTE BY NEGOTIATIONS, MEDIATION AND ARBITRATION IN ACCORDANCE WITH THE
PROVISIONS OF ARTICLE XXI OF THE RETAIL DISTRIBUTION AGREEMENT, WHICH ARE
INCORPORATED HEREIN BY REFERENCE.

     Section 13.9. Governing Law; Submission to Jurisdiction. THIS SERVICING
AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL
LAWS OF THE STATE OF MISSOURI. WITHOUT LIMITING THE EFFECT OF SECTION 13.8
HEREOF AND ARTICLE XXI OF THE RETAIL DISTRIBUTION AGREEMENT, EACH OF THE PARTIES
HERETO HEREBY (A) SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE FEDERAL AND/OR
STATE COURTS SITTING IN ST LOUIS, MISSOURI FOR PURPOSES OF ALL LEGAL PROCEEDINGS
FOR SPECIFIC PERFORMANCE OR INJUNCTIVE RELIEF PERMITTED BY SECTION 21.12 OF THE
RETAIL DISTRIBUTION AGREEMENT, (B) IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY LAW, ANY OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING
OF THE VENUE OF ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT AND ANY CLAIM THAT
ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT HAS BEEN BROUGHT IN AN INCONVENIENT
FORUM, (C) IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN ANY SUCH PROCEEDING IN
THE MANNER PROVIDED FOR NOTICES IN SECTION 13.3 AND AGREES THAT NOTHING IN THIS
SERVICING AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY TO THIS SERVICING
AGREEMENT TO SERVE PROCESS IN ANY SUCH PROCEEDING IN ANY OTHER MANNER PERMITTED
BY LAW.

     Section 13.10. Waiver of Jury Trial. WITHOUT LIMITING THE EFFECT OF SECTION
13.8 HEREOF, EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES ANY AND ALL RIGHT TO
TRIAL BY JURY IN ANY ACTION ARISING OUT OF OR RELATING TO THIS SERVICING
AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

     Section 13.11. Counterparts. This Servicing Agreement may be signed in any
number of counterparts, each of which shall be an original, with the same effect
as if the signatures thereto and hereto were upon the same instrument. This
Servicing Agreement shall become effective upon the execution of a counterpart
hereof by each of the parties hereto.

     Section 13.12. Entire Agreement. This Servicing Agreement and the other
Program Contracts constitute the entire agreement and understanding among the
parties hereto, and supersede and extinguish any and all prior agreements and
understandings, oral or written relating to the operation of the Settlement
Products Program on and after July 1, 2006. For the avoidance of doubt, (i) this
Servicing Agreement and the other Program Contracts shall govern the operation
of the Settlement Products Program on and after July 1, 2006, (ii) the Prior
Program Agreements shall continue to govern the operation of the current program
until their

                                       23

<PAGE>

expiration on June 30, 2006 in accordance with their terms, and (iii) nothing in
this Servicing Agreement or the other Program Contracts shall affect the rights
and obligations of the parties to the Prior Program Agreements, whenever
arising, under such Prior Program Agreements, which remain valid and enforceable
in accordance with their terms.

     Section 13.13. Reinstatement. This Servicing Agreement shall remain in full
force and effect and continue to be effective should any petition be filed by or
against any party hereto for liquidation or reorganization, should any party
hereto become insolvent or make an assignment for the benefit of any creditor or
creditors or should a receiver or trustee be appointed for all or any
significant part of any party's assets or properties, and shall continue to be
effective or to be reinstated, as the case may be, if at any time payment and
performance of the obligations hereunder, or any part thereof, is, pursuant to
applicable law, rescinded or reduced in amount, or must otherwise be restored or
returned by any obligee of such obligations, whether as a "voidable preference,"
"fraudulent conveyance," or otherwise, all as though such payment or performance
had not been made. In the event that any payment, or any part thereof, is
rescinded, reduced, restored or returned, the obligations hereunder shall be
reinstated and deemed reduced only by such amount paid and not so rescinded,
reduced, restored or returned.

     Section 13.14. Advice of Counsel. Each of the parties represents to each
other party hereto that it has discussed this Servicing Agreement with its
counsel.

     Section 13.15. No Strict Construction. The parties hereto have participated
jointly in the negotiation and drafting of this Servicing Agreement. In the
event any ambiguity or question of intent or interpretation arises, this
Servicing Agreement shall be construed as if drafted jointly by the parties
hereto and no presumption or burden of proof shall arise favoring or disfavoring
any party by virtue of the authorship of any provision of this Servicing
Agreement.

     Section 13.16. Conflict of Terms. Except as otherwise provided in this
Servicing Agreement or any of the other Program Contracts by specific reference
to the applicable provisions of this Servicing Agreement, if any provision
contained in this Servicing Agreement conflicts with any provision in any of the
other Program Contracts, other than the Indemnification Agreement and the Retail
Distribution Agreement, the provisions contained in this Servicing Agreement
shall govern and control. If there if a conflict between this Servicing
Agreement and the Retail Distribution Agreement (but not the Indemnification
Agreement), then the Retail Distribution Agreement shall control. If there is a
conflict between the Servicing Agreement and the Indemnification Agreement, the
Indemnification Agreement shall control.

     Section 13.17. Further Execution. Each party hereto shall execute any and
all documents as are necessary or desirable to consummate the transactions
contemplated hereby.

     Section 13.18. Expenses. Except as otherwise provided herein or in any
Program Contract, each party hereto shall pay its own expenses, including the
expenses of its own counsel and its own accountants, in connection with the
consummation of the transactions contemplated by this Servicing Agreement.

                                       24

<PAGE>

     Section 13.19. No Implied Relationship. Notwithstanding any provision
herein to the contrary:

          (a) This Servicing Agreement shall not be construed to establish a
partnership or joint venture between the parties hereto.

          (b) All personnel employed or otherwise engaged by any party hereto to
perform the obligations and duties of such party hereunder shall not be deemed
to be employees of any other party hereto. In addition, the party employing or
otherwise engaging such employees, shall at all times be responsible for the
compensation of, and payment of applicable state and federal income taxes with
respect to, any personnel employed by such party to perform any services
hereunder.

     Section 13.20. No Third Party Beneficiaries. This Servicing Agreement is
for the sole benefit of the parties hereto and their permitted successors and
assigns and nothing in this Servicing Agreement, express or implied, is intended
to or shall confer upon any other person any legal or equitable right, benefit
or remedy, of any nature whatsoever under or by reason of this Servicing
Agreement.

     Section 13.21. Force Majeure. No party hereto shall be liable for failure
to satisfy or delays in the satisfaction of its Obligations, except failure or
delay with respect to its payment obligations, as a result of a Force Majeure
Event.

     Section 13.22. Limitation of Scope of Representations and Warranties and
Other Disclosures. The representations, warranties and other disclosures set
forth by each party hereto are only made for the benefit of the parties hereto
and the purpose of the transactions contemplated hereby and are not intended for
use by any person with respect to any acquisition or disposition of any security
of any party hereto.

     Section 13.23. Inspection and Audit Rights. Each Participant shall have
those inspection and audit rights set forth in Section 6.7 of the Retail
Distribution Agreement.

              [THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]

                                       25

<PAGE>

     THIS SERVICING AGREEMENT CONTAINS A BINDING ARBITRATION PROVISION WHICH MAY
BE ENFORCED BY THE PARTIES.

     IN WITNESS WHEREOF, the parties hereto have caused this HSBC Settlement
Products Servicing Agreement to be executed by their respective duly authorized
officers as of the date set forth above.

                                        HSBC BANK USA, NATIONAL ASSOCIATION,
                                        a national banking association

                                        By: /s/ Kathleen R. Whelehan
                                            ------------------------------------
                                        Name: Kathleen R. Whelehan
                                        Title: EVP

                                        HSBC TAXPAYER FINANCIAL SERVICES, INC.,
                                        a Delaware corporation

                                        By: /s/ Paul J. Creatura
                                            ------------------------------------
                                        Name: Paul J. Creatura
                                        Title: CEO

                                        HOUSEHOLD TAX MASTERS ACQUISITION
                                        CORPORATION,
                                        a Delaware corporation

                                        By: /s/ Paul J. Creatura
                                            ------------------------------------
                                        Name: Paul J. Creatura
                                        Title: President

                                        BLOCK FINANCIAL CORPORATION,
                                        a Delaware corporation

                                        By: /s/ Bret G. Wilson
                                            ------------------------------------
                                        Name: Bret Wilson
                                        Title: Secretary<PAGE>
                                                                   Exhibit 10.18

                                   APPENDIX OF
                     DEFINED TERMS AND RULES OF CONSTRUCTION

NOTE: CERTAIN MATERIAL HAS BEEN OMMITTED FROM THIS AGREEMENT PURSUANT TO A
REQUEST FOR CONFIDENTIAL TREATMENT UNDER RULE 24b-2. THE LOCATIONS OF THESE
OMISSIONS ARE INDICATED THROUGHOUT THE AGREEMENT BY THE FOLLOWING MARKINGS:
[***].

                                    ARTICLE I
                                   DEFINITIONS

     Section 1.1. Capitalized terms used in the Program Contracts shall have the
meanings set forth below, provided, however, that with respect to any
capitalized term specifically defined in any Program Contract, such term shall
have the meaning set forth in such Program Contract.

          "2005 DELINQUENT ERO CHARGES COLLECTED" shall mean the aggregate
amount of Delinquent ERO Charges collected by HSBC TFS for any Block Company
(excluding Block Digital), whether collected via the collection activity of HSBC
TFS through the Delinquent ERO Charges Collection System or collected by means
of receipt of Delinquent ERO Charges from the IRS during the 2005 Tax Year;
provided, however, that such amount shall not include any amounts collected
during such Tax Year from the IRS on account of Delinquent ERO Charges related
to a Settlement Product originated during the 2005 Tax Period.

          "2006 COMPETITOR VOLUME BASELINE" shall mean [***].

          "AAA" shall mean the American Arbitration Association.

          "ACH" shall mean the ACH Network operated by the National Automated
Clearing House Association commonly used for electronic payment transactions.

          [***]

          "AFFILIATE" of any Person shall mean any other Person that, at the
time of determination, through one or more intermediaries, is Controlling, is
Controlled by, or is under common Control with, such Person.

          "AGENTS" shall mean the Block Agents, the Franchisee Agents and Block
Digital, and their permitted respective successors and assigns.

          "ANSWERING SYSTEM" shall have the meaning set forth in Section 13.4(d)
of the Retail Distribution Agreement.

          "APPLICABLE FEDERAL RATE" shall have the meaning set forth in Section
1274 of the Internal Revenue Code.

<PAGE>

          "APPLICABLE FEDERAL REGULATOR" shall mean the OCC, the OTS or other
federal financial institution regulatory agency that supervises and regulates
the Originator. As of the date of the Program Contracts, the Applicable Federal
Regulator for HSBC Bank was the OCC.

          "APPLICABLE PERCENTAGE" shall mean, for each Closing Date, the
percentage set forth in Section 4.1(b) of the Participation Agreement.

          "APPLICANT" shall mean a Person who has submitted an Application to
the Originator during the current Tax Period.

          "APPLICANT INFORMATION FILE" shall mean the electronic file
transmitted to the Originator by an ERO containing information pertaining to an
Applicant including, but not limited to (i) Applicant identification information
from the Applicant's Application including, but not limited to, the Applicant's
name, address and telephone number, (ii) the amount of the ERO Charges, (iii)
the amount of the Refund Due, and (iv) certain other qualifying Application
information as reasonably requested by the Originator subject to the ability of
the ERO to collect and provide such information, each used by the Originator
solely for those purposes set forth pursuant to the terms and conditions of the
Program Contracts.

          "APPLICATION" shall mean an application for a Settlement Product.

          "APPROVAL RATE" shall mean the percentage of applications for a refund
anticipation loan, or any other loan product secured by a security interest in a
deposit account into which the borrower's tax refund is deposited, that are
approved by a federally chartered or state chartered bank or other financial
institution offering such loans.

          "AUTHORIZED DEDUCTION" shall mean those items set forth in each
Application, or other authorization, that a Settlement Products Client
authorizes the Originator, or a servicer on behalf of the Originator, to deduct
from its Deposit Account.

          "BENEFICIAL FRANCHISE" shall mean Beneficial Franchise Company Inc., a
Delaware corporation, and its successors and assigns.

          "BEST IN MARKET PRICE" shall mean [***].

          "BFC" shall mean Block Financial Corporation, a Delaware corporation,
and its successors and assigns.

          "BLOCK AGENTS" shall mean Block Enterprises, Block Eastern Enterprises
and Block Associates, and their permitted respective successors and assigns.

          "BLOCK ASSOCIATES" shall mean H&R Block and Associates, L.P., a
Delaware limited partnership, and its successors and assigns.

          "BLOCK BUSINESS DAY" shall mean any day during a Tax Period (including
Saturday, Sundays, holidays and days on which banking institutions are
authorized or obligated by law or executive order to be closed) on which any
Block Company (or, if jointly designated

                                        2

<PAGE>

by any Block Company and HSBC Bank, an Affiliate of any Block Company) or
Franchisee files Returns (or is open and available to file Returns).

          "BLOCK COMPANIES" shall mean, collectively, Block Tax Services, Block
Services, Block Eastern Enterprises, Block Enterprises, Block Associates, Block
Digital, BFC and Royalty.

          "BLOCK COMPANY OFFICE" shall mean any physical retail office open to
the public for the preparation of Returns operated by any Block Company or, if
jointly designated by any Block Company and HSBC Bank, operated by any Affiliate
of a Block Company.

          "BLOCK DIGITAL" shall mean H&R Block Digital Tax Solutions, LLC, a
Delaware limited liability company, and its successors and assigns.

          "BLOCK DIGITAL CHANNEL" shall mean (i) the worldwide web internet site
owned and operated by any Block Company, or any of their respective Affiliates,
on which Clients or tax return preparers use software owned by any Block
Company, or any of their respective Affiliates, to prepare Returns, (ii) any
Return preparation software owned by any Block Company, or any of their
respective Affiliates, used to prepare Returns, or (iii) any other electronic
method of Return preparation (other than the TPS Software used at the Block
Offices) owned by any Block Company, or any of their respective Affiliates, used
by Clients or tax return preparers to prepare Returns.

          "BLOCK E-FILE PROCESSING SYSTEM" shall mean the electronic system
maintained by any Block Company (including, but not limited to, the related
hardware, software, servers, connectivity lines, maintenance staff, and
technical support staff) capable of (i) receiving information pertaining to
Returns and Applicant Information Files from the Block Offices, (ii)
electronically filing Returns with the IRS and state revenue departments, (iii)
transmitting Applicant Information Files and the Debt Indicator to the HSBC
Companies, (iv) receiving information pertaining to Returns (including the Debt
Indicator) from the IRS and state revenue departments, (v) receiving information
regarding Application approvals and Disbursement authorizations from the HSBC
Companies, (vi) transmitting information pertaining to Returns, Application
approvals and Disbursement authorizations to the Block Offices, and (vii)
transmitting to, and receiving from, the Block Offices, the HSBC Companies, the
IRS or any state revenue department any other information pertaining to Returns
or the Settlement Products Program.

          "BLOCK EASTERN ENTERPRISES" shall mean H&R Block Eastern Enterprises,
Inc., a Missouri corporation, and its successors and assigns.

          "BLOCK ENTERPRISE ENTITIES" shall mean Block Enterprises and Block
Eastern Enterprises.

          "BLOCK ENTERPRISES" shall mean H&R Block Enterprises, Inc., a Missouri
corporation, and its successors and assigns.

          "BLOCK EVENT OF DEFAULT" shall have the meaning set forth in Section
19.1 of the Retail Distribution Agreement.

                                        3

<PAGE>

          "BLOCK FRANCHISEE OFFICE" shall mean any physical retail office open
to the public for the preparation of Returns operated by any Franchisee.

          "BLOCK FRANCHISEE POLICIES AND PROCEDURES" shall mean those policies
and procedures established by any Franchisor governing the operations of each
Block Franchisee Office, as amended from time to time.

          "BLOCK INDEMNIFIED PARTIES" and "BLOCK INDEMNIFIED PARTY" shall have
the meanings set forth in Section 4.1 of the Indemnification Agreement.

          "BLOCK INDEMNIFYING PARTIES" shall mean Block Tax Services, Block
Services, Block Associates, Block Eastern Enterprises, Block Enterprises, BFC,
and Royalty.

          "BLOCK LICENSED MARKS" shall mean, collectively, any and all trade
name, trademark, service mark, trade dress, logo type, commercial symbol, or
other identifier owned or controlled by any Block Company, or any of their
respective Affiliates, including, but not limited to, the mark "H&R Block", that
any of the Block Companies, or their respective Affiliates, may use from time to
time in connection with the Settlement Products Program.

          "BLOCK OFFICES" shall mean Block Company Offices and Block Franchisee
Offices.

          "BLOCK PROGRAM INFORMATION" shall have the meaning set forth in
Section 5.5 of the Retail Distribution Agreement.

          "BLOCK SERVICES" shall mean H&R Block Services, Inc., a Missouri
corporation, and its successors and assigns.

          "BLOCK TAX SERVICES" shall mean H&R Block Tax Services, Inc., a
Missouri corporation, and its successors and assigns.

          "BUSINESS DAY" shall mean any day other than a Saturday, Sunday or a
day on which banking institutions in New York, New York are authorized or
obligated by law or executive order to be closed.

          "BUSINESS" means the business of operating the Settlement Products
Program.

          "CLAIM" means any and all claims, causes of action, lawsuits,
disputes, controversies, administrative proceedings, investigations, inquiries,
audits, enforcement actions, demands, assessments, deficiencies, adjustments,
judgments, settlements, dispositions, payments, penalties, fines, interest, and
costs and expenses (including, without limitation, reasonable attorneys' and
accountants' fees, expenses and disbursements) made, sought, initiated, filed or
levied by or on behalf of any Person including without limitation any party to
the Program Contracts or any third party.

          "CLASSIC ERAL" shall mean either (a) an eRAL for which a credit
decision is made after a Block Company has received both (i) the IRS Return
Notification and (ii) the Debt

                                        4

<PAGE>

Indicator, or (b) an eRAL designated as such by mutual written agreement of the
HSBC Companies and the Block Companies.

          "CLASSIC RAL" shall mean either (a) a RAL for which a credit decision
is made after a Block Company has received both (i) the IRS Return Notification
and (ii) the Debt Indicator, or (b) a RAL designated as such by mutual written
agreement of the HSBC Companies and the Block Companies.

          "CLIENT" shall mean a customer of any Block Office or of the Block
Digital Channel, as applicable, that is rendered tax preparation, transmission,
filing or other similar services at such office or channel.

          "CLOSING DATE" shall mean with respect to a Participation Interest,
the date on which such Participation Interest is sold to BFC, or its successors
and assigns, pursuant to the terms and conditions of the Participation
Agreement.

          "CONFIDENTIAL INFORMATION" shall mean any information or data related
to the Settlement Products Program used by or belonging or relating to a party
hereto or any subsidiary, parent or Affiliate of such party, or any party to
whom any such party owes a duty of confidentiality including consumer reports,
information derived from consumer reports, and a compilation of such records,
but not including any such records that do not personally identify an
individual, any and all trade secrets, proprietary data and information relating
to such party or any party to whom such party owes a duty of confidentiality, or
relating to the past, present or future business and Settlement Products of such
party or any party to whom such party owes a duty of confidentiality, including
price lists, client lists, processes, procedures or standards, know-how,
manuals, hardware, software, source code, business strategies, records,
marketing plans, drawings, technical information, specifications, designs,
patent information, financial information, whether or not reduced to writing.

          "CONTROL" shall mean the possession, directly or indirectly, of the
power to direct or cause the direction of the management or policies of a
Person, whether through the ability to exercise voting power, by contract or
otherwise; provided that no HSBC Company shall be deemed to Control any Block
Company or any Franchisee, and no Block Company shall be deemed to Control any
HSBC Company or any Franchisee. The terms "Controlled by," "under common Control
with" and "Controlling" shall have correlative meanings.

          [***]

          [***]

          "COPYRIGHT LICENSE" shall mean any and all rights now owned or
hereafter acquired under any written agreement granting any right to use any
Copyright or Copyright registration with respect to the Settlement Products
Program.

          "COPYRIGHTS" shall mean all of the following now owned or hereafter
adopted or acquired: (a) all copyrights and general intangibles of like nature
(whether registered or unregistered), all registrations and recordings thereof,
and all applications in connection therewith, including all registrations,
recordings and applications in the United States Copyright

                                        5

<PAGE>

Office or in any similar office or agency of the United States, any state or
territory thereof, or any other country or any political subdivision thereof,
and (b) all reissues, extensions or renewals thereof, all of which relate to the
Settlement Products Program.

          "DAMAGES" shall mean any and all actual losses, assessments,
compensatory damages, indemnities, liabilities, obligations, deficiencies,
adjustments, judgments, settlements, dispositions, awards, deficiencies,
offsets, penalties, fines and interest, but excluding in all instances lost
profits, incidental, consequential, exemplary, special and punitive damages.

          "DEBT INDICATOR" shall mean the electronic notice provided to an ERO
by the IRS with respect to a Return filed with the IRS by the ERO that states
whether the taxpayer of such Return has any outstanding debt to be deducted by
the IRS from such taxpayer's Refund Due. The values and interpretations of the
Debt Indicator are currently defined in IRS Publication 1346, "Electronic Return
File Specifications and Record Layouts for Individual Income Tax Returns", as
the same may be amended, supplemented, or replaced from time to time.

          "DEFAULTED HSBC RAL" shall mean each Participated HSBC RAL which, in
accordance with the RAL Guidelines and HSBC TFS's customary and usual servicing
procedures for RALs, the Originator has charged off as uncollectible; provided,
however, that no HSBC RAL originated during any Tax Period shall be classified
as a Defaulted HSBC RAL prior to the close of business on December 31
immediately following such Tax Period.

          "DEFAULT RATE" shall be LIBOR plus five hundred basis points (500 bps)
per annum.

          "DEFENDING PARTY" shall have the meaning set forth in Section 6.3(e)
of the Indemnification Agreement.

          "DEFENSE COUNSEL" shall have the meaning set forth in Section 6.3(d)
of the Indemnification Agreement.

          "DELINQUENT CHARGES COLLECTED TARGET" shall mean [***].

          "DELINQUENT ERO CHARGES COLLECTION SYSTEM" shall mean the electronic
system used by HSBC TFS to collect Delinquent ERO Charges from Settlement
Products Clients.

          "DELINQUENT ERO CHARGES" shall mean all unpaid charges payable by a
Client to an ERO that have been outstanding for twenty-four (24) or more days
including, but not limited to (i) Tax Preparation Fees, (ii) Peace of Mind(R)
fees, (iii) XIRA(R) fees, (iv) Other ERO Charges and (v) other unpaid amounts
chargeable to a Client by its ERO (including charges with respect to duplicate
Disbursement Checks) with respect to a Settlement Product as to which such
Client has submitted an Application.

          "DELINQUENT RAL" shall mean an HSBC RAL for which (i) the Originator
has demanded repayment and such repayment has not been made by the applicable
Settlement Products Client within thirty-five (35) days of the date of such
repayment demand (which period may be changed from time to time by HSBC Bank),
or (ii) the Refund Paid is less than all

                                        6

<PAGE>

amounts due to the applicable ERO, the Originator and each Participant, if any,
with respect to such HSBC RAL.

          "DENIED CLASSIC ERAL" shall mean an Application for a Classic eRAL for
which HSBC Bank has chosen not to make a loan to a Settlement Products Client in
advance of receiving that client's tax refund from the IRS, which is processed
and settled in the same manner as an eRAC.

          "DENIED CLASSIC RAL" shall mean an Application for a Classic RAL for
which HSBC Bank has chosen not to make a loan to a Settlement Products Client in
advance of receiving that client's tax refund from the IRS, which is processed
and settled in the same manner as a RAC.

          "DENIED IRAL" shall mean an Application for an IRAL for which HSBC
Bank has chosen not to make a loan to a Settlement Products Client in advance of
receiving (i) the IRS Return Notification and (ii) the Debt Indicator.

          "DEPOSIT ACCOUNT" shall mean a deposit account or subaccount
established by HSBC Bank for each Settlement Products Client in accordance with
Section 3.2 of the Servicing Agreement.

          "DIGITAL DISTRIBUTION AGREEMENT" shall mean the HSBC Digital
Settlement Products Distribution Agreement dated September 23, 2005, among HSBC
Bank and HSBC TFS and Block Digital and Block Services, and all amendments and
restatements thereof and supplements thereto.

          "DIGITAL SETTLEMENT PRODUCTS" shall mean, collectively, eRALs and
eRACs and any other financial product or service offered by the Originator to
Clients through the Block Digital Channel.

          "DIGITAL SETTLEMENT PRODUCTS PROCEDURES" shall mean the policies and
procedures for Digital Settlement Products set forth in the Digital Settlement
Products Procedures Schedules, as in effect from time to time.

          "DIGITAL SETTLEMENT PRODUCTS PROCEDURES SCHEDULES" shall mean each of
the Digital Settlement Products Procedures Schedules identified in Section
2.3(a) of the Digital Distribution Agreement, as amended from time to time.

          "DIRECT CLAIM" shall mean a Claim asserted by an Indemnified Party
against an Indemnifying Party related to any Program Contract that is not based
upon a third party Claim.

          "DIRECT DEPOSIT" shall mean the deposit of funds into a Deposit
Account via ACH credit, wire transfer or any other method of electronic
transmission of funds.

          "DISBURSEMENT CHECK" shall mean, with respect to a Settlement Product,
a cashier's check drawn on the Originator and payable to or at the direction of
a Settlement Products Client in the amount authorized by the Originator (which
shall not include Delinquent

                                        7

<PAGE>

ERO Charges, ERO Charges, RAL Principal Amounts, First Priority Prior
Indebtedness, Second Priority Prior Indebtedness, Other Required Deductions or
Authorized Deductions).

          "DISBURSEMENTS" shall mean, collectively, Disbursement Checks and
Electronic Disbursements.

          "DISCLOSING PARTY" shall mean the party that has provided nonpublic
personal information from a Client or consumer to the Receiving Party pursuant
to the terms and conditions of any of the Program Contracts.

          "DISTRIBUTION AGREEMENTS" shall mean the Retail Distribution
Agreement, the Franchisee Distribution Agreements and the Digital Distribution
Agreement.

          "ELECTRONIC DISBURSEMENT" shall mean, with respect to any Settlement
Product, any disbursement of proceeds of such product made by the Originator,
directly or indirectly, to or at the direction of a Settlement Products Client,
whether via ACH credit, wire transfer, stored value card, debit card, secured
credit card or other electronic means (but excluding Disbursement Checks),
excluding ERO charges, Delinquent ERO Charges, ERO Charges, RAL Principal
Amounts, First Priority Prior Indebtedness, Second Priority Prior Indebtedness,
Other Required Deductions or Authorized Deductions.

          "ELECTRONIC FILING" shall mean the filing of a Return with the IRS, or
any applicable state taxing authority, by an ERO via the Block e-file Processing
System.

          "ELECTRONIC FILING SPECIFICATIONS" or "EFS" shall mean the
specifications established by HSBC TFS and Block Services pursuant to the Retail
Distribution Agreement related to the electronic processing of Applications, as
amended from time to time.

          "ELIGIBLE RAL" shall mean each HSBC RAL:

          (a) that was created by the Originator and is in compliance in all
     material respects, with the applicable Distribution Agreement and
     applicable Laws;

          (b) for which HSBC TFS supplied a disclosure statement satisfying the
     requirements of the TILA to the applicable Agent for distribution to the
     Settlement Products Client; and

          (c) as to which, at the time of the sale of the Participation Interest
     in such HSBC RAL to any of the Block Companies, or any of their respective
     Affiliates, Originator had good and marketable title thereto free and clear
     of all Liens arising under or through HSBC TFS or any of its Affiliates.

          "ERAC" shall mean a Disbursement issued by the Originator via the
Block Digital Channel and delivered to a Settlement Products Client pursuant to
the Refund Anticipation Check Service.

                                        8

<PAGE>

          "ERAL" shall mean a loan to a Settlement Products Client who is a
Client of the Block Digital Channel secured by a security interest in the
related Deposit Account, including Classic eRALs.

          "ERO" shall mean an electronic tax return originator, transmitter or
filer, which, for purposes of the Program Contracts, shall be a Block Company,
or any of their respective Affiliates, or a Franchisee.

          "ERO CHARGES" shall mean all current fees payable by a Client to its
ERO including, but not limited to (i) Tax Preparation Fees, (ii) Peace of
Mind(R) fees, (iii) XIRA(R) fees, and (iv) Other ERO Charges, provided such fees
are incurred in connection with a Settlement Product.

          "EXPENSE REIMBURSEMENT" shall mean, for each applicable Tax Period,
the following amounts:

<TABLE>
<CAPTION>
     Tax Period                   Amount
     ----------                   ------
<S>                   <C>
        2007                      $[***]
        2008                      $[***]
        2009                      $[***]
        2010                      $[***]
        2011                      $[***]
        2012           $[***], or $0 if the Retail
                      Distribution Agreement is not
                       renewed for such Tax Period
        2013           $[***], or $0 if the Retail
                      Distribution Agreement is not
                       renewed for such Tax Period
2014 and thereafter                 $0
</TABLE>

          "FDIC" shall mean the Federal Deposit Insurance Corporation, and its
successors and assigns.

          "FEDERALLY CHARTERED FINANCIAL INSTITUTION" shall mean a financial
institution chartered by an Applicable Federal Regulator.

          "FILING PARTY" shall have the meaning set forth in Section 15.5(g)(i)
of the Retail Distribution Agreement.

          "FINAL CREDIT CRITERIA" shall mean the final credit criteria for the
origination of HSBC RALs as established by the Originator pursuant to the terms
of the Retail Distribution Agreement.

          "FINAL FEES" shall mean the final fees for Settlement Products
established by the Originator pursuant to the terms of the Retail Distribution
Agreement including, but not limited to, the Refund Account Fee and the RAL Fee.

                                        9

<PAGE>

          "FIRST PRIORITY PRIOR INDEBTEDNESS" shall mean that Prior Indebtedness
in which any Block Company or any Affiliate thereof has acquired a Participation
Interest.

          "FORCE MAJEURE EVENT" shall mean an event or events arising from any
cause or causes beyond reasonable control of the party that is unable to perform
its obligations hereunder because of such event or events including acts of God,
fire, floods, lightning, utility failures, earthquakes, war, acts of public
enemy, riots, insurrections or acts of terrorism, but excluding a change of Law.

          "FRANCHISE AGREEMENT" shall mean each agreement entered into by a
Franchisee and a Franchisor, or by a Franchisee and a sub-franchisee, as
modified, supplemented or amended from time to time.

          "FRANCHISEE" shall mean a Person authorized by a Franchisor pursuant
to a Franchise Agreement to operate a Block Franchisee Office, or a
sub-franchisee of H&R Block of Houston, Ltd., H&R Block, Ltd. and HRBO Limited,
in each case that has agreed to be bound by the terms of a Franchisee
Distribution Agreement.

          "FRANCHISEE AGENTS" shall mean each Franchisee, and their permitted
respective successors and assigns.

          "FRANCHISEE DISTRIBUTION AGREEMENTS" shall mean (i) each HSBC
Franchisee Settlement Products Distribution Agreement among HSBC Bank, HSBC TFS,
Block Services, the applicable Franchisor and the applicable Franchisee, and all
amendments and restatements thereof and supplements thereto, (ii) each HSBC
Merriman Franchisee Settlement Products Distribution Agreement among HSBC Bank,
HSBC TFS, Royalty and the applicable Franchisee, and all amendments and
restatements thereof and supplements thereto, and (iii) each HSBC Sub-Franchisee
Settlement Products Distribution Agreement among HSBC Bank, HSBC TFS, Block
Services, the applicable Franchisor and the applicable Franchisee, and all
amendments and restatements thereof and supplements thereto.

          "FRANCHISEE EVENT OF DEFAULT" shall have the meaning set forth in
Section 11.1 of each Franchisee Distribution Agreement.

          "FRANCHISEE RAC FEE" shall mean the fee designated in writing by the
Block Companies, which fee shall not exceed the RAC Fee.

          "FRANCHISOR" shall mean (i) individually Block Tax Services, Block
Associates or Royalty, or any of their respective successors and assigns, or
(ii) any Affiliate thereof to whom Block Tax Services or Block Associates may
assign a Franchise Agreement or any successor and/or assign, provided that such
assignment is a Permitted Block Assignment.

          "GAAP" shall mean generally accepted accounting principles or
financial reporting in the United States of America, applied on a consistent
basis.

          [***].

          [***].

                                       10

<PAGE>

          [***].

          "GOVERNMENTAL APPROVAL" shall mean an authorization, consent,
approval, license or exemption of, registration or filing with, or report or
notice to any Governmental Authority.

          "GOVERNMENTAL AUTHORITY" shall mean any nation or government, any
state or other political subdivision thereof, and any agency, department or
other entity exercising executive, legislative, judicial, regulatory or
administrative functions of or pertaining to government.

          "GUARANTEED OBLIGATIONS" shall mean as to any Person, without
duplication, any obligation of such Person guaranteeing, providing comfort for,
or otherwise supporting any Obligation of, any other Person.

          "H&R BLOCK", shall mean H&R Block, Inc., a Missouri corporation, and
its successors and assigns.

          "HISTORY PROCESSING FILE" shall mean the file generated from the
experiences of the HSBC Companies, or any of their applicable Affiliates,
consisting of HSBC RAL payment history for the last four (4) years and current
bad debt of any Settlement Products Client.

          "HSBC BANK" shall mean (a) HSBC NA or (b) in the event that HSBC NA
shall assign its rights and obligations under the Retail Distribution Agreement
and the other Program Contracts pursuant to Section 2.7 of the Retail
Distribution Agreement, and subject to the satisfaction of the terms and
conditions specified in Section 2.7(b) of the Retail Distribution Agreement, the
national bank, federal savings association, operating subsidiary or other
Affiliate that is the permitted assignee of HSBC NA.

          "HSBC COMPANIES" shall mean, collectively, HSBC Bank, HSBC TFS, HTMAC
and Beneficial Franchise.

          "HSBC DATAHOUSE" shall mean the database structure developed,
maintained and updated by the HSBC Companies for the purpose of maintaining
credit and noncredit information pertaining to customers and prospects of the
HSBC Companies.

          "HSBC EVENT OF DEFAULT" shall have the meaning set forth in the
Section 18.1 of the Retail Distribution Agreement.

          "HSBC FINANCE" shall mean HSBC Finance Corporation, a Delaware
corporation, and its successors and assigns.

          "HSBC HOLDINGS" shall mean HSBC Holdings plc, a public limited company
organized under the laws of England and Wales, and its successors and assigns.

          "HSBC INDEMNIFIED PARTIES" and "HSBC INDEMNIFIED PARTY" shall have the
meanings set forth in Section 3.1 of the Indemnification Agreement.

                                       11

<PAGE>

          "HSBC INDEMNIFYING PARTIES" shall mean, collectively, HSBC Bank, HSBC
TFS, HTMAC and Beneficial Franchise.

          "HSBC LICENSED MARKS" shall mean, collectively, any and all trade
name, trademark, service mark, trade dress, logo type, commercial symbol or
other identifier owned or controlled by Beneficial Franchise, that any of the
HSBC Companies, or their respective Affiliates, may use from time to time in
connection with the Settlement Products Program.

          "HSBC LICENSED PATENTS" shall mean the entire right, title and
interest in and to any and all patents that any of the HSBC Companies, or their
respective Affiliates, may use from time to time in connection with the
Settlement Products Program including United States Patent Nos. 4,890,228;
5,193,057; 5,724,523; and 5,963,921, as applicable.

          "HSBC NA" shall mean HSBC Bank USA, National Association, a national
banking association, and its permitted successors and assigns.

          "HSBC PREMIER CUSTOMERS" shall mean:

          (i) those customers of HSBC NA or any of its Affiliates who:

               (A) are designated by HSBC NA or any such Affiliate as a "Private
     Banking Customer" or a "Premier Customer," and

               (B) have (1) deposits and investments aggregating at least
     $100,000 with HSBC NA or any such Affiliate, or (2) deposits, investments,
     loans and lines of credit aggregating at least $500,000 with HSBC NA or any
     of its Affiliates, which loans and lines of credit include credit cards,
     mortgages, home equity loans or lines of credit, and personal and business
     loans and lines of credit, and

          (ii) individuals who are principals, officers, directors or senior
management employees of corporations, partnerships or similar entities, which
entities are customers of HSBC NA or any of its Affiliates, and such customer
and entity have, in the aggregate, (A) deposits and investments aggregating at
least $100,000 with HSBC NA or any of its Affiliates, or (B) deposits,
investments, loans and lines of credit aggregating at least $500,000 with HSBC
NA or any of its Affiliates, which loans and lines of credit include credit
cards, mortgages, home equity loans and lines of credit, and personal and
business loans and lines of credit.

          "HSBC PROGRAM INFORMATION" shall have the meaning set forth in Section
6.5 of the Retail Distribution Agreement.

          "HSBC RAC" shall mean (a) any RAC issued by the Originator through a
Block Office pursuant to or under color of the Retail Distribution Agreement or
a Franchisee Distribution Agreement, as applicable, or (b) any eRAC issued by
the Originator through the Block Digital Channel pursuant to or under color of
the Digital Distribution Agreement.

          "HSBC RAL" shall mean (a) any RAL made by the Originator through a
Block Office pursuant to or under color of (i) the Retail Distribution Agreement
or a Franchisee

                                       12

<PAGE>

Distribution Agreement, as applicable, or (ii) a referral to the Originator by a
Block Company, a Franchisee or either of their Affiliates pursuant to a
contractual electronic filing arrangement with any other Person or (b) any eRAL
made by the Originator originated through the Block Digital Channel pursuant to
or under color of the Digital Distribution Agreement.

          "HSBC TAX CLIENTS" shall mean (i) those customers of Wealth and Tax
Advisory Services, Inc., a Delaware corporation ("WTAS"), who are corporations,
partnerships, entities similar to a corporation or partnership, and high net
worth individuals for whom WTAS prepares federal, state, estate, gift, or other
tax returns solely in connection with the provision of wealth management
services, (ii) HSBC Premier Customers, and (iii) those customers of HSBC Bank
for whom HSBC prepares federal, state, estate, gift, or other tax returns solely
in connection with the exercise of HSBC Bank's trust powers.

          "HSBC TEAM" shall mean (i) those employees of each functional area of
the HSBC Companies (other than employees of any of the HSBC Companies working in
the accounting department, legal department, internal audit, operational/item
processing department and internal compliance area who are responsible for
ongoing corporate governance and the monitoring and compliance function of the
HSBC Companies) with a rank below that of the senior leader of such functional
area, and (ii) those employees of the marketing department or the product
development department of the HSBC Companies with a rank of senior leader or
below, who have access to any data concerning or related to the Settlement
Products Program or are otherwise involved with the Settlement Products Program.

          "HSBC TFS" shall mean HSBC Taxpayer Financial Services Inc., a
Delaware corporation, and its successors and assigns.

          "HTMAC" shall mean Household Tax Masters Acquisition Corporation, a
Delaware corporation, and its successors and assigns.

          [***]

          [***]

          "INDEMNIFICATION AGREEMENT" shall mean the HSBC Settlement Products
Indemnification Agreement dated September 23, 2005, among HSBC Bank, HSBC TFS,
HTMAC and Beneficial Franchise, Block Services, Block Tax Services, Block
Enterprises, Block Eastern Enterprises, Block Digital, Block Associates, Royalty
and BFC, and all amendments and restatements thereof and supplements thereto.

          "INDEMNIFICATION CLAIM" shall have the meaning set forth in Article VI
of the Indemnification Agreement.

          "INDEMNIFIED PARTY" shall mean any HSBC Indemnified Party or any Block
Indemnified Party, as applicable. For the avoidance of doubt, the terms "Block
Indemnified Party", "HSBC Indemnified Party" and "Indemnified Party" does not
include any Franchisee, or any Affiliate or Representative thereof.

                                       13

<PAGE>

          "INDEMNIFYING PARTY" shall mean any HSBC Indemnifying Party or any
Block Indemnifying Party, as applicable.

          "INFORMATION SCREEN" shall mean the system of blind controls in a
company that ensures information used or accessible by one group within such
company is segregated and shielded from specified other groups within such
company.

          "INITIAL CREDIT CRITERIA" shall mean the initial credit criteria for
the origination of HSBC RALs as established by the Originator pursuant to the
terms of the Retail Distribution Agreement.

          "INITIAL FEES" shall mean the initial fees for Settlement Products
established by the Originator pursuant to the terms of the Retail Distribution
Agreement including, but not limited to, the Refund Account Fee and the RAL Fee.

          "INITIAL TERM" shall have, with respect to each Program Contract
listed in the table below, the meaning set forth in the following section of
such Program Contract:

<TABLE>
<CAPTION>
         PROGRAM CONTRACT            SECTION
         ----------------            -------
<S>                                  <C>
Retail Distribution Agreement          17.1
Digital Distribution Agreement         10.1
Franchisee Distribution Agreements      9.1
Participation Agreement                 7.1
</TABLE>

          "INSTRUCTIONS" shall mean (A) the Originator's commercially reasonable
policies and procedures issued from time to time by HSBC Bank to each Agent
relating to the operation of the Settlement Products Program, including the
policies and procedures relating to advertising and marketing, disclosure
requirements, the gathering of information for purposes of determining the
eligibility and credit worthiness of, and extension of credit to, Clients, and
(B) any directive of HSBC Bank to any Agent and its Representatives that HSBC
Bank reasonably determines is necessary or appropriate to (i) reasonably assure
HSBC Bank that such Agent is undertaking all duties required by such Agent in
accordance with all applicable Laws and safe and sound banking practices, or
(ii) ensure consistency with HSBC Bank's internal policies of general
applicability that are applicable to the Settlement Products Program.

          "INTELLECTUAL PROPERTY" shall mean any and all Licenses, Patents,
Copyrights, Trademarks, and the goodwill associated with such Trademarks, all of
which relate to the Settlement Products Program.

          "INTERNAL REVENUE CODE" shall mean the Internal Revenue Code of 1986,
as amended from time to time and any regulations promulgated thereunder.

          [***]

          "IRAL" or "INSTANT MONEY" shall mean either (a) a RAL for which a
credit decision is made prior to Block Services receiving both (i) the IRS
Return Notification and

                                       14

<PAGE>

(ii) the Debt Indicator, or (b) a RAL designated as such by mutual written
agreement of the HSBC Companies and the Block Companies.

          "IRAL ORIGINATION SYSTEM" shall have the meaning set forth in Section
13.4(a) of the Retail Distribution Agreement.

          "IRS" shall mean the Internal Revenue Service, or any successor
thereto.

          "IRS RETURN NOTIFICATION" shall mean the positive or negative
acknowledgment of a Return's acceptance from the IRS for Electronic Filing,
which acknowledgment shall also include, if available, the IRS explanation of
the reason the Return was rejected as described in Chapter 3 of the IRS e-file
Handbook for Authorized IRS e-file Providers of Individual Income Tax Returns
(Publication 1345), as the same may be amended, supplemented or replaced from
time to time.

          [***]

          "LATE FEE" shall mean, with respect to a Delinquent RAL, the late fees
that may be charged on such Delinquent RAL as disclosed to the Settlement
Products Client in the Application and/or the TILA disclosure for such RAL.

          "LAW" shall mean any federal, state or local statute, regulation,
rule, ordinance, policy, guideline, common law, equitable theory or other law.

          "LIABILITIES" shall mean all direct or indirect liabilities (including
joint and several liabilities), equitable or injunctive remedies or relief,
guaranties, endorsements, obligations and responsibilities, either accrued,
absolute, contingent, matured or unmatured and whether known or unknown, fixed
or unfixed, asserted or unasserted, choate or inchoate, liquidated or
unliquidated, secured or unsecured and whether or not of a kind required by GAAP
to be set forth on a financial statement.

          [***]

          "LICENSE" shall mean any Copyright License, Patent License, Trademark
License or other license of rights or interests now held or hereafter relating
to the Settlement Products Program.

          "LIEN" shall mean any pledge, hypothecation, assignment, encumbrance,
security interest, lien (statutory or other) or other security agreement of any
kind or nature whatsoever, including any conditional sale or other title
retention agreement having substantially the same economic effect as any of the
foregoing.

          "LITIGATION" shall mean any action, lawsuit, investigation or
proceeding.

          "LOAN FILE" shall mean Settlement Products Client Applications,
agreements, disclosures, correspondence, billing statements, notices and other
related information.

                                       15

<PAGE>

          "LONDON BANKING DAY" shall mean a day on which banks in London are
open for business and dealing in offshore dollars.

          "LONDON INTER-BANK OFFERED RATE" or "LIBOR" shall mean, for any
applicable interest period, the rate per annum equal to the British Bankers
Association LIBOR Rate ("BBA LIBOR"), as published by Reuters (or other
commercially available source providing quotations of BBA LIBOR as selected by
HSBC Bank from time to time) at approximately 11:00 a.m. London time two (2)
London Banking Days before the commencement of the interest period, for U.S.
Dollar deposits (for delivery on the first day of such interest period) with a
term equivalent to such interest period. If such rate is not available at such
time for any reason, then the rate for that interest period will be determined
by such alternate method as reasonably selected by HSBC Bank.

          "LOSSES" means any and all Damages, reasonable attorneys' fees and
expenses relating to any Damages or to any investigations, proceedings,
counterclaims, defenses or appeals that could reasonably result in incurring or
avoiding any Damages; provided that Losses shall not include expenses (or any
specified portion thereof) incurred by a party in an alternative dispute
proceeding under the Program Contracts where it is explicitly stated that a
party shall bear its own expenses or any specified portion of such expenses.

          "MARKETING GUIDELINES" shall mean those marketing guidelines
established by HSBC Bank on an annual basis, which guidelines shall reflect and
be consistent with the consumer lending Laws that HSBC Bank determines are
applicable to the Settlement Products Program.

          "MATERIAL ADVERSE EFFECT" shall mean, any event, act, condition or
occurrence of whatever nature (including any adverse determination in any
litigation, arbitration, or governmental investigation or proceeding), whether
singly or in conjunction with any other event or events, act or acts, condition
or conditions, occurrence or occurrences, whether or not related, which results
in a material adverse change in, or has a material adverse effect upon, any of
(a) the material rights and remedies of a party hereto under the Program
Contracts, or (b) the ability of any party hereto to perform its material
obligations under the Program Contracts to which it is a party, as applicable,
or (c) the legality, validity or enforceability of any of the Program Contracts
in any material respect, or (d) the financial benefits that the party reasonably
expected to obtain under the Settlement Products Program.

          "NATIONALLY RECOGNIZED TAX PREPARER" shall mean [***].

          [***]

          "NON-DEFENDING PARTY" shall have the meaning set forth in Section
6.3(e) of the Indemnification Agreement.

          "NON-FILING PARTY" shall have the meaning set forth in Section
15.5(g)(i) of the Retail Distribution Agreement.

                                       16

<PAGE>

          "NOTE" shall mean with respect to any Participated HSBC RAL, the
promissory note or other evidence of indebtedness or agreements evidencing the
indebtedness of an Obligor under such Participated HSBC RAL.

          "OBLIGATIONS" shall mean all obligations, fees, covenants and duties
of any Person of every kind, nature and description, direct or indirect,
absolute or contingent, due or not due, in contract or tort, liquidated or
unliquidated, arising under any of the Program Contracts, by operation of law or
otherwise in connection with the transactions contemplated hereby or thereby,
now existing or hereafter arising, and whether or not for the payment of money
or the performance or non-performance of any act.

          "OBLIGOR" shall mean the Settlement Products Client obligated to make
payments to the Originator with respect to any HSBC RAL.

          "OCC" shall mean the Office of the Comptroller of the Currency, or any
successor thereto.

          "OFFER" shall mean a mail piece specifically targeted to an individual
in a specific Segment pursuant to a Targeted Campaign.

          "ORIGINATOR" shall mean the originator of HSBC RALs and the issuer of
HSBC RACs pursuant to the applicable Distribution Agreement.

          "ORIGINATOR TRAINING MATERIALS" shall mean the training materials and
Settlement Products Program policies and procedures, prepared by the Originator
for use in the Settlement Products training program.

          "OTHER ERO CHARGES" shall mean any other fees, expenses and amounts
charged by the ERO in connection with the electronic filing of a Return or the
sale of any service provided by the ERO to the Client at the time of the
preparation of the Client's Return, with respect to a Settlement Product for
which a Client has submitted an Application.

          "OTHER REQUIRED DEDUCTIONS" shall mean any amounts required by
applicable Law to be deducted or withheld from any Settlement Product.

          "OTS" shall mean the Office of Thrift Supervision, or any successor
thereto.

          "OWNER" shall mean any shareholder, general partner, limited partner,
member or any other owner of an interest in any corporation, partnership,
limited partnership, limited liability company, association or any other legal
entity organized under the Laws of the United States, any sovereign foreign
nation state or any subjurisdiction thereof.

          "PARTICIPANT" shall mean any Person who has purchased or otherwise
owns a Participation Interest in an HSBC RAL.

          "PARTICIPATED HSBC RAL" shall mean any HSBC RAL in which a
Participation Interest has been sold pursuant to a Participation Agreement and
has not been reassigned to HSBC TFS or repurchased by HSBC TFS pursuant to such
Participation Agreement.

                                       17

<PAGE>

          "PARTICIPATED HSBC RAL SCHEDULE" shall mean a schedule of certain
refund anticipation loans owned and held by the Originator and the Participants
which sets forth information with respect to such refund anticipation loans, as
amended from time to time by the parties.

          "PARTICIPATION AGREEMENT" shall mean the HSBC Refund Anticipation Loan
Participation Agreement dated September 23, 2005, between HSBC Bank, HSBC TFS,
HTMAC and BFC, and all amendments and restatements thereof and supplements
thereto.

          "PARTICIPATION INTEREST" shall mean an undivided ownership interest
in, and in an amount equal to the Applicable Percentage of, all of the
Originator's right, title and interest in and to each HSBC RAL created on and
after the effective date of the Participation Agreement, including all monies
due or to become due with respect thereto and all Collections pertaining thereto
and other proceeds (as defined in the UCC as in effect in the State of
Delaware), which interest is created pursuant to, or contemplated by, the
Participation Agreement.

          "PATENTS" shall mean all of the following in which a party hereto now
holds or hereafter acquires any interest: (a) all letters patent of the United
States or of any other country, all registrations and recordings thereof, and
all applications for letters patent of the United States or of any other
country, including registrations, recordings and applications in the United
States Patent and Trademark Office or in any similar office or agency of the
United States, any State, or any other country, and (b) all reissues,
continuations, continuations-in-part or extensions thereof, all of which relate
to the Settlement Products Program.

          "PATENT LICENSE" shall mean rights under any written agreement now
owned or hereafter granting any right with respect to any invention on which a
Patent is in existence with respect to the Settlement Product Program.

          "PERMITTED BLOCK ASSIGNMENT" shall have, with respect to each Program
Contract listed in the table below, the meaning set forth in the following
section of such Program Contract:

<TABLE>
<CAPTION>
         PROGRAM CONTRACT            SECTION
         ----------------            -------
<S>                                  <C>
Retail Distribution Agreement         2.6(a)
Digital Distribution Agreement        2.5(a)
Franchisee Distribution Agreements    2.5(a)
Participation Agreement               1.3(a)
Servicing Agreement                   1.3(a)
</TABLE>

          "PERMITTED HSBC ASSIGNMENT" shall have, with respect to each Program
Contract listed in the table below, the meaning set forth in the following
section of such Program Contract:

<TABLE>
<CAPTION>
         PROGRAM CONTRACT            SECTION
         ----------------            -------
<S>                                  <C>
Retail Distribution Agreement         2.6(b)
Digital Distribution Agreement        2.5(b)
Franchisee Distribution Agreements    2.5(b)
</TABLE>

                                       18

<PAGE>

<TABLE>
<S>                                   <C>
Participation Agreement               1.3(b)
Servicing Agreement                   1.3(b)
</TABLE>

          "PERSON" shall mean any legal person, including any individual,
corporation, general or limited partnership, limited liability company, joint
venture, association, joint-stock company, trust, unincorporated organization,
or other entity of similar nature, or Governmental Authority.

          "PRESEASON LOAN" shall mean any HSBC Bank loan product issued to any
individual before the beginning of a Tax Period for which part of the credit
criteria in determining such individual's eligibility is based on such
individual's anticipated tax refund for such Tax Period.

          "PRINCIPAL AMOUNT" of an HSBC RAL shall mean the dollar amount, if
any, that the Originator lends to a Settlement Products Client based upon such
Client's Application and the Originator's credit criteria (which principal
amount shall include all payments of such Client's ERO Charges made by the
Originator to such Client's ERO, RAL Fees and Refund Account Fees (unless such
charges were paid by the Client at the time of preparation of such Client's
Return(s)) and all Disbursements made by the Originator directly to such
Client).

          "PRIOR INDEBTEDNESS" shall mean any outstanding obligations of a
Settlement Products Client for refund anticipation loans or any other loan
product secured by a security interest in a deposit account into which the
borrower's tax refund is deposited, loaned to such Settlement Products Client by
any originator in a prior year.

          "PRIOR DEBT INDICATOR FILE" shall mean a file provided from time to
time upon the request of any Block Company by the HSBC Companies containing a
listing of Persons and their respective social security numbers who owe any
Defaulted HSBC RALs, Prior Indebtedness, Delinquent ERO Charges, or other fees,
charges or indebtedness that the HSBC Companies may seek to collect from such
Person whether from the proceeds of any Settlement Product or otherwise.

          "PRIOR PROGRAM AGREEMENTS" shall mean only the final written and
executed version of each of the following:

          -    Agreement dated December 5, 1986;

          -    Refund Anticipation Loan Agreement dated August 1, 1988;

          -    Amendment Agreement dated August 1, 1989;

          -    Refund Anticipation Loan Agreement, dated August 22, 1991;

          -    Letter Amendment to August 1991 Agreement with Block, dated
               December 6, 1994;

                                       19

<PAGE>

          -    Letter Amendment of December 6, 1994 Agreement; Amendment of
               December 6, 1994 Letter Amendment to August 1991 Agreement with
               Block, dated January 12, 1996;

          -    Refund Anticipation Loan Operations Agreement, dated July 19,
               1996;

          -    Refund Anticipation Loan Participation Agreement, dated July 19,
               1996;

          -    Amendment to Refund Anticipation Loan Participation Agreement,
               dated January 1998;

          -    First Amendment to the Refund Anticipation Loan Operations
               Agreement, dated January 1, 2000;

          -    First Amendment to the Refund Anticipation Loan Participation
               Agreement, dated January 1, 2000;

          -    Second Amendment to the Refund Anticipation Loan Operations
               Agreement, dated January 2, 2001;

          -    Third Amendment to the Refund Anticipation Loan Operations
               Agreement, dated November 1, 2001;

          -    Second Amendment to the Refund Anticipation Loan Participation
               Agreement, dated January 1, 2002;

          -    Reimbursement of Expenses Letter, dated November 5, 2002; Consent
               Letter, dated November 11, 2002;

          -    Amended and Restated Refund Anticipation Loan Operations
               Agreement, dated January 6, 2003;

          -    Amended and Restated Refund Anticipation Loan Participation
               Agreement, dated January 6, 2003;

          -    Waiver of Rights under Amended and Restated Refund Anticipation
               Loan Participation Agreement, dated January 6, 2003;

          -    Second ICB Consent Letter, dated June 9, 2003;

          -    Second Amended and Restated Refund Anticipation Loan Operations
               Agreement, dated June 9, 2003;

          -    Second Amended and Restated Refund Anticipation Loan
               Participation Agreement, dated June 9, 2003;

          -    Third Amended and Restated Refund Anticipation Loan Participation
               Agreement, dated January 1, 2004;

          -    First 2004 Supplement to Second ICB Consent Letter, dated June 9,
               2004;

                                       20

<PAGE>

          -    2004 Amendment to Second Amended and Restated Refund Anticipation
               Loan Operations Agreement, dated August 20, 2004;

          -    Fourth Amended and Restated Refund Anticipation Loan
               Participation Agreement; dated December 31, 2004; and

          -    Second Amendment to Second Amended and Restated Refund
               Anticipation Loan Operations Agreement, dated September 23, 2005.

          "PROCESSING FILES" shall mean, collectively, the [***], the [***] and
the History Processing File.

          "PROGRAM CONTRACTS" shall mean collectively the Distribution
Agreements, the Participation Agreement, the Indemnification Agreement and the
Servicing Agreement and any other written agreement related to the Settlement
Products Program that may be entered into from time to time between any Block
Company and any HSBC Company or any of their respective Affiliates.

          "PROPRIETARY RIGHTS" shall mean all patent, copyright, trade secret
and other proprietary rights.

          "PURCHASE PRICE" shall mean the purchase price for a Participation
Interest to be paid by BFC to HSBC TFS, as calculated pursuant to Section 4.2 of
the Participation Agreement.

          "QUALIFYING PROCEDURES" shall mean the qualifying procedures
established by the Originator for a Settlement Product as set forth in Schedule
9.5 to the Retail Distribution Agreement.

          "RAC" shall mean a Disbursement issued by the Originator and delivered
pursuant to the Refund Anticipation Check Service.

          "RAC FEE" shall mean the fee as set forth in Schedule 14.6(a) and
Schedule 14.6(b) to the Retail Distribution Agreement, or Schedule 7.8 to the
Digital Distribution Agreement, as applicable, paid by the Originator to the
Block Company specified to the Originator by the Block Companies, or any of
their respective Affiliates, or to the applicable Franchisee, for each
Disbursement pursuant to the Refund Anticipation Check Service.

          "RAL" or "REFUND ANTICIPATION LOAN" shall mean a loan to a Settlement
Products Client who is a Client of a Block Office secured by a security interest
in the related Deposit Account, including Classic RALs and IRALs.

          "RAL DOCUMENTS" shall mean, with respect to each Participated HSBC
RAL, the related Note, the related Security Agreement and any and all other
documents executed and delivered in connection with the origination or
subsequent modification of such Participated HSBC RAL.

          "RAL FEE" shall mean the aggregate amount payable to the Originator by
the Settlement Products Client for the privilege of obtaining an HSBC RAL, the
calculation of which

                                       21

<PAGE>

is set forth on Schedule 9.3 to the Retail Distribution Agreement, which amount
will include the Finance Charge, but will exclude the Refund Account Fee.

          "RAL GUIDELINES" shall mean the Originator's policies and procedures
from time to time relating to the operation of its refund anticipation loan
business, including the policies and procedures for determining the credit
worthiness of RAL clients, the extensions of credit to RAL clients and relating
to the collection and charge off of RALs.

          "RAL ORIGINATION SYSTEM" shall have the meaning set forth in Section
13.4(c) of the Retail Distribution Agreement.

          "RAL OWNERSHIP INTEREST" shall mean Originator's right, title and
interest in and to each HSBC RAL, including all monies due or to become due with
respect thereto and all collections pertaining thereto and other proceeds
thereof (as defined in the UCC as in effect in the State of Delaware), less any
Participation Interest.

          "RAL PRICE REDUCTION" shall mean a reduction in pricing for Settlement
Products made pursuant to Section 9.6(c) of the Retail Distribution Agreement.

          "RAL PRICE REDUCTION AMOUNTS" shall mean, for a specific Tax Period,
the sum of the RAL Fees and Refund Account Fees that would have been charged if
HSBC Bank had not made a RAL Price Reduction minus the RAL Fees and Refund
Account Fees actually charged to each Settlement Products Client who received an
HSBC RAL during such Tax Period.

          "RECEIVING PARTY" shall mean the party receiving nonpublic personal
information of a client or consumer from the Disclosing Party pursuant to the
terms and conditions of any of the Program Contracts.

          "REFUND ACCOUNT FEE" shall mean the amount payable to the Originator
by a Settlement Products Client for setting up and administering the Deposit
Account for any Settlement Products.

          "REFUND ANTICIPATION CHECK SERVICE" shall mean a service pursuant to
which a RAC or eRAC in the amount of a Client's related Refund Paid, less the
sum of (a) fees charged for the making of the check, (b) Tax Preparation Fees
and (c) other properly withheld amounts, is delivered to or for the benefit of a
Settlement Products Client on account of a direct deposit tax refund (other than
in connection with a RAL made in advance of receipt of the related tax refund).

          "REFUND DUE" shall mean the amount of the tax refund claimed by a
Settlement Products Client in any particular Tax Period on its Return as
prepared.

          "REFUND PAID" shall mean the amount of the tax refund paid to a
Settlement Products Client in any particular Tax Period by a Governmental
Authority.

          "RENEWAL TERM" shall have, with respect to each Program Contract
listed in the table below, the meaning set forth in the following section of
such Program Contract:

                                       22

<PAGE>

<TABLE>
<CAPTION>
         PROGRAM CONTRACT            SECTION
         ----------------            -------
<S>                                  <C>
Retail Distribution Agreement          17.1
Digital Distribution Agreement         10.1
Franchisee Distribution Agreements      9.1
Participation Agreement                 7.1
</TABLE>

          "REPRESENTATIVE" shall mean, with respect to a particular Person, any
director, officer, employee, agent or consultant; provided, however, that with
respect to any HSBC Company, the term "Representative" shall not include any
Block Company, or any Affiliate or Representative thereof, and with respect to
any Block Company, the term "Representative" shall not include any HSBC Company,
or any Affiliate or Representative thereof.

          "REPURCHASE VALUE" of a Participation Interest in an HSBC RAL shall
equal the remainder of (i) the product of (A) the Applicable Percentage
multiplied by (B) the sum of (I) the Principal Amount plus (II) the Late Fees,
minus (ii) any amount remitted to BFC (or its permitted assignees, successors
and assigns pursuant to the Participation Agreement) pursuant to clauses (ii),
(iii) and (iv) of Section 3.4(b) of the Servicing Agreement, with respect to
such Participation Interest.

          "RETAIL DISTRIBUTION AGREEMENT" shall mean the HSBC Retail Settlement
Products Distribution Agreement dated September 23, 2005, among HSBC Bank, HSBC
TFS, Beneficial Franchise and HTMAC, and Block Services, Block Tax Services,
Block Enterprises, Block Eastern Enterprise, Block Digital, Block Associates and
Royalty, and all amendments and restatements thereof and supplements thereto.

          "RETAIL SETTLEMENT PRODUCTS" shall mean, collectively, RALs, RACs and
any similar financial product or service of the Originator offered to Clients at
Block Offices under the Program Contracts.

          "RETAIL SETTLEMENT PRODUCTS PROCEDURES" shall mean the policies and
procedures for Retail Settlement Products set forth in the Retail Settlement
Products Procedures Schedules, as in effect from time to time.

          "RETAIL SETTLEMENT PRODUCTS PROCEDURES SCHEDULES" shall mean each of
the Retail Settlement Products procedures schedules identified in Section 2.4 of
the Retail Distribution Agreement, as amended from time to time.

          [***]

          [***]

          "RETURNS" shall mean the federal, state and local tax returns prepared
by any of the Block Companies or any of the Franchisees.

          "ROYALTY" shall mean HRB Royalty, Inc., a Delaware corporation, and
its successors and assigns.

                                       23

<PAGE>

          "SAS 70" shall have the meaning set forth in Section 6.10(b) of the
Retail Distribution Agreement.

          "SAVINGS VEHICLE FEE" shall mean the fee payable by a Block Company to
an HSBC Company pursuant to Section 8.12 of the Retail Distribution Agreement.

          "SECOND PRIORITY PRIOR INDEBTEDNESS" shall mean that Prior
Indebtedness in which no Affiliate of any Block Company has purchased a
participation interest.

          "SECURITY AGREEMENT" shall mean, with respect to any Participated HSBC
RAL, the security agreement or other instrument pursuant to which the related
Obligor granted to the Originator a security interest in collateral to secure
such Obligor's obligations pursuant to the related Note.

          "SEGMENT" shall mean any subset of a Targeted Campaign that is
evaluated separately to determine the number of Incremental Clients obtained
pursuant to such Targeted Campaign, provided that no such subset may be included
in more than one Targeted Campaign.

          "SERVICE LEVEL THRESHOLDS" shall have the meaning set forth in Section
13.4 of the Retail Distribution Agreement.

          "SERVICER" shall mean HSBC TFS or such other Person, excluding
sub-servicers, who service the Settlement Products pursuant to the Servicing
Agreement.

          "SERVICER EVENT OF DEFAULT" shall have the meaning set forth in
Section 11.1 of the Servicing Agreement.

          "SERVICING AGREEMENT" shall mean the HSBC Settlement Products
Servicing Agreement, dated as of September 23, 2005, among HSBC Bank, HSBC TFS,
HTMAC and BFC, and all amendments and restatements thereof and supplements
thereto.

          "SETTLEMENT PRODUCTS" shall mean, collectively, Retail Settlement
Products and Digital Settlement Products.

          "SETTLEMENT PRODUCTS CLIENT" shall mean a Client who has applied to
receive a Settlement Product.

          "SETTLEMENT PRODUCTS PROGRAM" shall mean the implementation and
operation of the program for offering Settlement Products to Clients pursuant to
the Program Contracts.

          "SETTLEMENT PRODUCT RELATED ACTIVITY" shall mean any and all acts,
actions or omissions regarding or relating to the Settlement Products offered or
sold to Clients, including all activities regarding processes, procedures,
origination, documentation, advertising, marketing, and servicing and the
charging of fees and levying of charges and interest in connection with the
provision of such Settlement Products, and any products and services related to
the Settlement Products, regardless of whether the act, action or omission is
taken by any HSBC Company, any Block Company, any Franchisee, or any of their
respective Affiliates, or Representatives.

                                       24

<PAGE>

          "SETTLEMENT PRODUCT RELATED ACTIVITY CLAIM" shall mean any and all
claims, causes of action, lawsuits, disputes, controversies, administrative
proceedings, investigations, inquiries, audits, enforcement actions, demands,
assessments, deficiencies, adjustments, judgments, settlements, dispositions,
payments, penalties, fines, interest, and costs and expenses (including
reasonable attorneys' and accountants' fees and disbursements) made, sought,
initiated, filed or levied by or on behalf of any third party, including any
Person or Governmental Authority, under or pursuant to any Law, whether related
to banking, lending, truth in lending, usury, consumer finance, consumer
protection, fiduciary duties, loan brokers, credit service organizations, debt
collection, cross-collection, financial privacy, unfair lending, discrimination,
payday loans, check cashing, money laundering, money transmitters, truth in
advertising, unfair trade practices, fraud, wire fraud, mail fraud, RICO or
otherwise, if made, sought, initiated, filed or levied regarding or with respect
to any Settlement Product Related Activity.

          "SIGNING BONUS" shall have the meaning set forth in Section 6.11 of
the Retail Distribution Agreement.

          "SUBSIDIARY" shall mean, with respect to any Person at any date, any
corporation or other Person, of which securities or other interests having the
power to elect a majority of that corporation's or other Person's board of
directors or similar governing body, or otherwise having the power to direct the
business and policies of that corporation or other Person (other than securities
or other interests having such power only upon the happening of a contingency
that has not occurred), are held by such Person or one or more of its
Subsidiaries.

          "SUCCESSOR ORIGINATOR" shall have the meaning set forth in Section
2.7(a) of the Retail Distribution Agreement.

          [***]

          "TAX ADVISOR FIDUCIARY DUTY CLAIM" means any Settlement Product
Related Activity Claim involving facts or circumstances arising after July 1,
2006 based upon an alleged breach of fiduciary duties owed by any Block Company
arising from its role as a tax advisor to its Clients.

          "TAX PERIOD" for any year shall mean the period from and including
January 1 of such year to and including such date that is prescribed by the IRS
as the last legal date on which an individual taxpayer may file an extended
federal income tax return, which as of the date of the Program Contracts is
October 15.

          "TAX PREPARATION FEE" shall mean the amount payable to a Block
Company, or any of their respective Affiliates, or a Franchisee, by a Client for
the preparation of the Client's Returns.

          "TAX PREPARATION RELATED ACTIVITIES" means activities and services
relating to the preparation and filing of, and advising with respect to, Returns
and claims for refunds by any Block Company or its respective Affiliates or
Representatives.

                                       25

<PAGE>

          "TAX YEAR" shall mean the period beginning on January 1 of the year
immediately prior to a Tax Period and ending on December 31 of the year
immediately prior to such Tax Period.

          "TERM" shall have, with respect to each Program Contract listed in the
table below, the meaning set forth in the following section of such Program
Contract:

<TABLE>
<CAPTION>
         PROGRAM CONTRACT            SECTION
         ----------------            -------
<S>                                  <C>
Retail Distribution Agreement          17.1
Digital Distribution Agreement         10.1
Franchisee Distribution Agreements      9.1
Participation Agreement                 7.1
</TABLE>

          "TERMINATION DATE" shall mean the date on which the Program Contracts
terminate or otherwise expire in accordance with the terms thereof.

          [***]

          [***]

          "TILA" shall mean the federal Truth-in-Lending Act, 15 U.S.C. Sections
1601 et. seq.

          "TPS SOFTWARE" shall mean any tax preparation software owned or
licensed by any Block Company, or any of their respective Affiliates, that is
used in Block Offices to prepare Returns.

          "TRADEMARK LICENSE" shall mean rights under any written agreement now
owned or hereafter acquired with respect to the Settlement Products Program
granting any right to use any Trademark with respect to the Settlement Products
Program.

          "TRADEMARKS" shall mean all of the following now owned or hereafter
existing or adopted or acquired: (a) all trademarks, trade names, corporate
names, business names, trade styles, service marks, logos, other source or
business identifiers, prints and labels on which any of the foregoing have
appeared or appear, designs and general intangibles of like nature (whether
registered or unregistered), all registrations and recordings thereof, and all
applications in connection therewith, including registrations, recordings and
applications in the United States Patent and Trademark Office or in any similar
office or agency of the United States, any state or territory thereof, or any
other country or any political subdivision thereof; (b) all reissues, extensions
or renewals thereof; and (c) all goodwill associated with or symbolized by any
of the foregoing, all of which relate to the Settlement Products Program.

          "UCC" shall mean the Uniform Commercial Code, as amended from time to
time, as in effect in any specified jurisdiction.

          "UNPARTICIPATED HSBC RAL" shall mean any HSBC RAL for which no
Participation Interests have been sold.

          [***]

                                       26

<PAGE>

[***]

                                   ARTICLE II
                              RULES OF CONSTRUCTION

     Section 2.1. Rules of Construction. Each Program Contract shall be
interpreted in accordance with following Rules of Construction unless the
context of such Program Contract otherwise requires:

          (a) an accounting term not otherwise defined has the meaning assigned
to it in accordance with GAAP;

          (b) "or" is not exclusive;

          (c) "including" means including without limitation;

          (d) the word "will" shall be construed to have the same meaning and
effect as the word "shall" and vice versa;

          (e) words in the singular include the plural and words in the plural
include the singular;

          (f) the words "hereof," "herein," and "hereunder" and words of similar
import when used in any Program Contract shall refer to such Program Contract as
a whole and not to any particular provision of such Program Contract;

          (g) Section and Subsection references contained in any Program
Contract are references to Sections and Subsections of such Program Contract
unless otherwise specified;

          (h) any agreement, instrument or Law defined or referred to any
Program Contract or in any writing delivered in connection therewith means such
agreement, instrument or Law as from time to time amended, restated, modified or
supplemented, and includes (in the case of agreements or instruments) references
to all attachments thereto and writings incorporated therein; and

          (i) references to a Person are also to its permitted successors and
assigns.

                                       27

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