The Deferred Compensation Agreement allows employees in Arizona to sign up for New York State's deferred compensation plan. This form outlines the essential terms for post-retirement income or pre-retirement death benefits that the employer provides to the employee. Key features include specifics on retirement payments, death benefits for both post-retirement and pre-retirement scenarios, and the provision for potential adjustments based on the National Consumer Price Index. It also contains clauses related to termination of employment conditions, non-competition agreements, and the necessity of confidentiality. Filling out this form involves clearly stating the employee's name, employment details, and payment structures, while ensuring compliance with state laws. Legal professionals, such as attorneys, paralegals, and associates, will find this form useful for structuring employee compensation packages, negotiating benefits, and advising clients on legal compliance. This form supports creating binding agreements that help safeguard both employee rights and corporate interests.