The Louisiana Deferred Comp for State Employees in Fulton serves as a Deferred Compensation Agreement tailored for state employees. This form outlines the terms under which a corporation agrees to provide supplemental compensation after retirement or in the case of early death. Key features include monthly payments to the employee upon retirement, provisions for beneficiaries if the employee passes after retirement, and specific terms detailing the cessation of payments under certain conditions. Users are instructed to clearly fill in the required sections, including names, addresses, retirement age, and compensation amounts. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this document beneficial for structuring compensation packages that ensure retention of key employees while also adhering to legal standards. The form emphasizes the need for precise legal language to negate any misinterpretations and to ensure compliance with state laws, making it an essential tool for legal professionals handling employment agreements.