The Short Form of Deferred Compensation Agreement is a sample template specifically designed for use in San Antonio in 2023. This agreement facilitates an arrangement between an employer and a key employee to ensure additional post-retirement income, beyond standard pension benefits. Key features include stipulations for the payment structure, specifying monthly installments and conditions under which the payment may cease, such as the employee taking on external work without consent. The form addresses responsibilities and requirements for both parties, providing clarity on compensation timelines. It is particularly useful for legal professionals like attorneys, partners, and associates who need a structured agreement to enhance employee retention strategies. Paralegals and legal assistants will find it straightforward to fill and edit, thanks to its clear language and defined sections. This form can also serve as a template for various organizations seeking to formalize deferred compensation benefits, making it vital for employers aiming to maintain a competitive edge in talent management.