Deferred Agreement Sample For Individuals In Broward
Category:
State:
Multi-State
County:
Broward
Control #:
US-00417BG
Format:
Word;
Rich Text
Instant download
Description
The Deferred Agreement Sample for Individuals in Broward serves as a formal contract between an employer and employee concerning deferred compensation. This agreement outlines the terms under which an employee, classified as a key personnel, is compensated post-retirement. It specifies conditions for receiving the compensation, including remaining with the employer until a specified date and fulfilling job duties. The agreement also details the payment structure, including the sum and installment schedule, while emphasizing the need for written consent before the employee engages in outside business activities. In the event of the employee's death before full payment, the remaining balance is payable to the surviving spouse or the employee's estate. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a structured approach to deferred compensation, ensuring legal compliance and clarity in employer-employee relationships. Users can easily fill in pertinent details like names, addresses, payment amounts, and dates, while maintaining an understanding of their rights and obligations under the agreement.
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