Amendment to Wells Fargo & Company Supplemental 401(k) Plan
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Summary
This amendment updates the Wells Fargo & Company Supplemental 401(k) Plan, effective January 1, 2020. It designates the Director of Human Resources and the Director of Compensation and Benefits, each acting individually, as the Plan Administrator for purposes of ERISA. The amendment clarifies who has authority to administer the plan.
EX-10.B 4 wfc-0630x2020xex10b.htm EXHIBIT 10.B Exhibit
Exhibit 10(b)
Amendment to Wells Fargo & Company Supplemental 401(k) Plan
The first sentence of Section 24 of the Wells Fargo & Company Supplemental 401(k) Plan is amended effective January 1, 2020 to read in full as follows:
For purposes of Section 3(16)(A) of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, the Plan Administrator shall be the Director of Human Resources and the Director of Compensation and Benefits of the Company, each of whom, acting individually, may take action as the Plan Administrator.
