The Short Form of Deferred Compensation Agreement is a legal document designed for employers in Bexar to establish a deferred compensation plan for key employees. This agreement outlines the terms under which an employee will receive additional compensation, payable in monthly installments, upon meeting specific conditions. Key features include provisions for payment upon retirement, stipulations regarding external employment, and terms regarding benefits in the event of the employee's death. Users should complete each section with relevant information including names, positions, and payment details. This form is particularly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a structured approach to managing employee compensation, ensuring compliance with legal standards. It serves as a valuable resource in negotiations to retain key talent within a firm. Proper filling and editing of the document will ensure clarity and enforceability of its terms, creating a secure financial future for employees.