BlackletterCalifornia law

Corporations Code § 5054

PART 1. GENERAL PROVISIONS AND DEFINITIONS GOVERNING PARTS 1 THROUGH 5

Current as of September 28, 2026Corp. Code, § 5054Official source ↗

Added by Stats. 1978, Ch. 567.

“Incentive and benefit plans,” as used in Section 5140, in Section 7140, and in Section 9140 includes, but is not limited to, any plan or agreement under which the compensation of officers or employees is fixed, in full or in part, by reference to the financial performance of the corporation.