Company: UMBFO
Filing Date: 2025-02-03
Form Type: S-8
Source: 0000950103-25-001331
Chunk: 4

Company: UMB FINANCIAL CORP
Filing Date: 2025-02-03
Form: S-8
Chunk 4
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 to believe his or her conduct was unlawful. The termination of any action, suit, or proceeding by judgment, order,
settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the person
did not act in good faith and in a manner which he or she reasonably believed to be in or not opposed to the best interests of the corporation,
and, with respect to any criminal action or proceeding, had reasonable cause to believe that his or her conduct was unlawful.

2. The corporation may indemnify any person who
was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the
corporation to procure a judgment in its favor by reason of the fact that he or she is or was a director, officer, employee or agent of
the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation,
partnership, joint venture, trust or other enterprise against expenses, including attorneys’ fees, and amounts paid in settlement
actually and reasonably incurred by him in connection with the defense or settlement of the action or suit if he or she acted in good
faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the corporation; except that no indemnification
shall be made in respect of any claim, issue or matter as to which such person shall have been adjudged to be liable for negligence or
misconduct in the performance of his or her duty to the corporation unless and only to the extent that the court in which the action or
suit was brought determines upon application that, despite the adjudication of liability and in view of all the circumstances of the case,
the person is fairly and reasonably entitled to indemnity for such expenses which the court shall deem proper.

3. Except as otherwise provided in the articles
of incorporation or the bylaws, to the extent that a director, officer, employee or agent of the corporation has been successful on the
merits or otherwise in defense of any action, suit, or proceeding referred to in subsections 1 and 2 of this section, or in defense of
any claim, issue or matter therein, he or she shall be indemnified against expenses, including attorneys’ fees, actually and reasonably
incurred by him in connection with the action, suit, or proceeding.

4. Any indemnification under subsection