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Employment Agreements

Deferred Compensation Plan Agreement

January 5, 2012 by agri in Employment Agreements with 0 Comments
A deferred compensation plan is a document which helps to acknowledge the case in which an employee or an owner of a company defers a certain sum of money or a small portion of their income until a specified date in the future. This means that deferred compensation plan states the various terms and conditions under which a person or party received a payment at a later stage.

A deferred compensation plan can also be defined as a type of an employee pension plan in which an employee voluntarily declines to receive a portion of his monthly salary so that he can save money for his retirement because these equal payments are not paid to him until retirement. The main objective of such a deferred compensation plan is to entitle the employee for a lower income tax. Similarly life insurance policies are also used to fund deferred compensation plans all across the globe.

You can Download the Free Deferred Compensation Plan Agreement customize it according to your needs and Print. Deferred Compensation Plan Agreement is either in MS Word, Excel or in PDF.

Sample Deferred Compensation Plan Agreement

Deferred Compensation Plan Agreement

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