The Acuerdo compensación formato in King is a Short Form of Deferred Compensation Agreement designed to facilitate the relationship between an employer and a key employee within an organization. This document outlines the employer's intention to provide additional compensation to the employee as an incentive for continued service until retirement. Key features of the form include the specification of payment amounts, the payment schedule, and conditions under which the employee may lose entitlement to these payments if they engage in outside services without consent. Filling and editing the form require clear designation of the employer, employee, and specific terms related to compensation. Additionally, it addresses the handling of payments in the event of the employee's death. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to formalize deferred compensation arrangements in compliance with relevant employment laws and practices. Its straightforward structure and simplicity make it accessible to users with varying degrees of legal expertise.