The Deferred Compensation Agreement between Employer and Employee outlines the terms under which employees can receive deferred compensation, specifically following the NYC deferred comp withdrawal rules in Collin. Key features include provisions for retirement payouts, benefits upon death before or after retirement, and adjustments based on the National Consumer Price Index. Users must complete the necessary sections to specify retirement age, payment amounts, and designated beneficiaries. This agreement serves several critical use cases for attorneys, partners, owners, associates, paralegals, and legal assistants, helping them manage deferred compensation effectively and ensure compliance with legal obligations. The form is user-friendly, allowing for modifications as needed and stipulating clear terms regarding non-competition and payment obligations. It emphasizes the importance of documentation in securing rights to deferred amounts and provides a mechanism for dispute resolution through arbitration. This comprehensive form aids users in structuring employee compensation packages while adhering to regulatory requirements.