Amendment to Wells Fargo & Company Directors Stock Compensation and Deferral Plan (January 25, 2011)
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Summary
Wells Fargo & Company has amended its Directors Stock Compensation and Deferral Plan, effective January 25, 2011. The amendment adds 250,000 shares of common stock to be used specifically for deferrals of cash compensation and dividend credits into Deferred Stock Accounts for directors. This change updates Article III of the plan and ensures additional shares are available for these specific deferral purposes.
EX-10.D 4 f58691exv10wd.htm EX-10.D exv10wd
Exhibit 10(d)
Amendment to Directors Stock Compensation and Deferral Plan
Amendment to Directors Stock Compensation and Deferral Plan
Effective January 25, 2011, Article III of the Wells Fargo & Company Directors Stock Compensation and Deferral Plan (the “Plan”) is amended to insert the following new proviso (iii) and renumber the subsequent proviso as (iv):
“(iii) effective January 25, 2011, an additional 250,000 shares of Common Stock shall be available for, but limited to, deferrals of Cash Compensation and dividend credits to Deferred Stock Accounts;”
