The Deferred Compensation Agreement between Employer and Employee outlines a structured plan for post-retirement income for employees in Oakland. This legal form specifies conditions under which the employer agrees to provide additional compensation beyond regular pension benefits. Key features include monthly payments contingent on retirement age, provisions for death benefits to designated beneficiaries, and stipulations regarding the termination of payments due to employee misconduct. For the target audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, the form is crucial for ensuring compliance with employment laws and protecting corporate interests. It provides clear instructions for completion, emphasizing the importance of precise financial terms and recipient designations. This agreement can aid in retaining key employees by securing long-term financial arrangements and ensuring the predictability of post-retirement benefits.