Examples of ESOP Fund in a sentence
Dividends on the ESOP may be distributed or passed through to Participants who are invested in the ESOP Fund.
Repayments of principal and interest are funded through future contributions and dividends on stock held by ESOP Fund D, both paid by the Company to the ESOP.
Participant contributions to the Plan’s ESOP Fund are invested primarily in Wells Fargo common stock and such participation is available exclusively to Plan Participants.
A participant age 55 or older, with 10 or more years of participation in the Plan, may transfer a portion of the shares of stock in the ESOP Fund to any of the investment funds within the Plan.
Dividends received by the ESOP Fund with respect to allocated Company shares are paid to participants at the end of each Plan year.