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UMBF » Topics » Termination

This excerpt taken from the UMBF DEF 14A filed Mar 12, 2007.

Termination

 

The Company’s Executives are all employees at will and may be terminated at any time. Except as described below with respect to circumstances involving death or disability or qualified retirement or a change in control of the Company, and except for payments and benefits that are available generally to all employees of the Company and that do not discriminate in favor of executive officers, none of the Executives are entitled to receive any payments or awards upon termination.

 

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