Title II: Profit-sharing

The profit-sharing agreement may provide for the allocation of sums constituting the special profit-sharing reserve: 1° To accounts opened in the name of the interested parties in application of an employee savings plan meeting the conditions set out in Title III ; 2° (repealed). These provisions apply to agreements concluded after 1st January 2007. All profit-sharing agreements in existence on the date of promulgation of Law no. 2010-1330 of 9…

Notwithstanding article L. 3323-2, profit-sharing agreements concluded within sociétés coopératives de production may provide for the entire special profit-sharing reserve to be invested in company shares or in blocked current accounts. The same agreements may stipulate that, in the event of the special profit-sharing reserve being used in blocked current accounts, members who are employed in the company are entitled, notwithstanding article L. 225-128 of the Commercial Code, to allocate…