§ 5054
50 words·~1 min read·
/ca/corporations-code/5054A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“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.