A Deferred Compensation Agreement is a legal document that outlines an arrangement between an employer and an employee to defer a portion of salary or wages to a later date.
This legal template likely pertains to the option for individuals participating in a nonqualified deferred compensation plan to elect to further delay the receipt of their deferred income. This process is likely governed by US laws and regulations related to compensation and taxation.
This legal template pertains to the process of deferring compensation by a nonqualified deferred compensation plan, in accordance with USA law. It outlines the regulations and requirements for individuals to elect to defer their compensation.