The Deferred Agreement Sample with the Council in Harris outlines a compensation agreement between an employer and an employee, aiming to encourage the employee to remain with the company until retirement. Key features of this form include stipulations for a post-retirement income, a clear payment structure in monthly installments, and a clause regarding non-competition during employment. The document is structured to provide clarity on obligations and benefits while ensuring that the employer retains control over outside employment. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form serves as a crucial tool in drafting agreements that protect both the organization's interests and the employee's future financial security. Users will find instructions for filling the form straightforward, with sections designated for key details such as payment amounts, employee duties, and signatures. The document should be edited to include specific names, dates, and payment details relevant to each unique agreement.