Amendment to Nonqualified Deferred Compensation Plan for Independent Contractors (Wells Fargo)

Contract Categories: Human Resources › Compensation Agreements
Summary

This amendment, effective January 1, 2014, modifies the WF Deferred Compensation Holdings, Inc. Nonqualified Deferred Compensation Plan for Independent Contractors. It states that participants can no longer choose or change how their deferred compensation accounts are invested, including the option to invest in Common Stock. The amendment removes the ability to make allocation or reallocation elections under Section 6.3 of the Plan.

Read More Arrow
EX-10.O 4 wfc-12312014xex10o.htm EXHIBIT 10.O WFC-12312014-EX10o

Exhibit 10(o)

Amendment to Nonqualified Deferred Compensation Plan for Independent Contractors

RESOLVED that the “WF Deferred Compensation Holdings, Inc. Nonqualified Deferred Compensation Plan for Independent Contractors” (the “Plan”) is amended effective January 1, 2014 to no longer permit Participants to make elections to allocate or reallocate their Accounts among one or more investment options including Common Stock pursuant to Section 6.3 of the Plan.