The Plan is effective January1, 2004 and supersedes the Wells Fargo Bonus Plan effective January 1,
2000. Participants, incentive opportunities and performance objectives shall be identified annually.
Page 1 of 8 pages
PURPOSE OF THE PLAN
The purpose of the Wells Fargo Bonus Plan (the “Plan”) is to motivate a select group of management, supervisory and
individual contributors to achieve superior results for Wells Fargo & Company and its subsidiaries (“Wells Fargo”). The Plan is
designed to provide Participants with incentive compensation opportunities that focus on individual and team contributions
through the measurement of meaningful performance goals that are consistent with Wells Fargo’s corporate and business unit
This document is comprised of three sections :
For questions related to this document, policies or the administration of the Plan, please contact your local Human Resources
A select group of Wells Fargo management, supervisors and individual contributors who are in a position to control or
influence business results are eligible to participate in the Plan (“Participants”). Eligibility for participation is determined on a
case-by-case basis. Business unit managers are responsible for identifying Participants within their business units prior to the
beginning of the Plan Year.
The intent of the Plan is to provide incentive awards to those Participants who are not eligible for a bonus or incentive
compensation under any other plan or written agreement with Wells Fargo. Therefore, Plan Participants who participate in any
other Wells Fargo-sponsored incentive compensation plan are not eligible to receive an award under this Plan.
A Plan Participant must be employed by Wells Fargo as of the last day of the Plan Year in order to be eligible for an incentive
award under the Plan, unless otherwise noted below or in the Plan Administration section. There will be no incentive
opportunity for the