Section 5054

Corp. Code § 5054, under GENERAL PROVISIONS AND DEFINITIONS GOVERNING PARTS 1 THROUGH 5.

Corp. Code § 5054

“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.

(Added by Stats. 1978, Ch. 567.)