Corporations Code section 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.

Source: Section 5054, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CORP§ionNum=5054.­ (updated Jan. 1, 1978; accessed Jun. 9, 2025).

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Verified:
Jun. 9, 2025

§ 5054’s source at ca​.gov