Deferred Agreement Sample With The Council In Houston
Category:
State:
Multi-State
City:
Houston
Control #:
US-00417BG
Format:
Word;
Rich Text
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Description
Deferred compensation is an arrangement in which a portion of an employee's income is paid out at a date after which the income is actually earned. A Deferred Compensation Agreement is a contractual agreement in which an employee (or independent contractor) agrees to be paid in a future year for services rendered. Deferred compensation payments generally commence upon termination of employment (e.g., retirement) or death or disability before retirement. These agreements are often geared toward anticipated retirement in order to provide cash payments to the retiree and to defer taxation to a year when the recipient is in a lower bracket. Although the employer's contractual obligation to pay the deferred compensation is typically unsecured, the obligation still constitutes a contractual promise.
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DESIGN BUILD CONTRACT ("Contract") is entered into and effective as of the Effective. I have read and guarantee that I meet all the requirements for board service.Deferred Disposition is a form of probation that, when completed successfully, may result in the dismissal of your case. "Termination Pay Deferral Program" means a program providing for the deferred, periodic.