The Short Form of Deferred Compensation Agreement is designed for employers and key employees, specifically within the context of the Compensation Plan Forever Living in Riverside. This agreement outlines the terms under which an employee will receive additional compensation post-retirement, provided they remain with the employer until a specified retirement date. Key features include monthly installment payments and stipulations that govern the employee's outside business engagements. The form also includes provisions for the payment of the remaining balance in case of the employee's death. This document is particularly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for defining compensation relationships and responsibilities. Filling out the form involves entering specific information such as the names of the employer and employee, compensation amounts, and retirement dates. Users in legal professions can use this form to ensure proper documentation of deferred compensation agreements, thereby securing legal compliance and reducing the risk of disputes.