Company: UMBFO
Filing Date: 2025-02-03
Form Type: S-8
Source: 0000950103-25-001331
Chunk: 7

Company: UMB FINANCIAL CORP
Filing Date: 2025-02-03
Form: S-8
Chunk 7
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, mortgage loan companies,
corporations formed for benevolent, religious, scientific or educational purposes and nonprofit corporations.

10. For the purpose of this section, references
to “the corporation” include all constituent corporations absorbed in a consolidation or merger as well as the resulting or
surviving corporation so that any person who is or was a director, officer, employee or agent of such a constituent corporation or is
or was serving at the request of such constituent corporation as a director, officer, employee or agent of another corporation, partnership,
joint venture, trust or other enterprise shall stand in the same position under the provisions of this section with respect to the resulting
or surviving corporation as he or she would if he or she had served the resulting or surviving corporation in the same capacity.

11. For purposes of this section, the term “other
enterprise” shall include employee benefit plans; the term “fines” shall include any excise taxes assessed on a person
with respect to an employee benefit plan; and the term “serving at the request of the corporation” shall include any service
as a director, officer, employee or agent of the corporation which imposes duties on, or involves services by, such director, officer,
employee, or agent with respect to an employee benefit plan, its participants, or beneficiaries; and a person who acted in good faith
and in a manner he or she reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan
shall be deemed to have acted in a manner “not opposed to the best interests of the corporation” as referred to in this section.

The UMB bylaws provide that any person who was
or is a party or is threatened to be made a defendant party to any threatened, pending, or completed action, suit, or proceeding, whether
civil, criminal, administrative, or investigative (other than an action, suit, or proceeding by or in the right of UMB, a “general
action”) by reason of the fact that they are or were a director or officer of UMB or any of its subsidiaries (a subsidiary being
defined as another corporation or other entity included in a controlled group of corporations or other entities of which UMB is a common
parent), or is or was serving at the request of UMB as a director or officer of another corporation, partnership, joint venture, trust,
or other enterprise (including service in a fiduciary capacity or otherwise with respect to any employee benefit plan of UMB or any other