The Deferred Compensation Agreement between the employer and employee is a legal document designed to outline the terms of deferred compensation for key employees of a corporation. Specifically, it addresses Nyc deferred comp fees in King, ensuring employees receive additional compensation upon retirement or in the event of early termination due to death or disability. Key features include retirement payment details, conditions for death benefits, and the use of a National Consumer Price Index multiplier for adjusting payments. Users must complete personal and corporate information, specify retirement age, and indicate monthly payment amounts. This form serves various professionals, including attorneys who draft or review employment contracts, partners and owners focusing on employee retention strategies, and legal assistants or paralegals tasked with managing HR documentation. By utilizing this agreement, organizations can create clear expectations for both sides and protect their interests while incentivizing key employees.