Nonqualified Deferred Compensation Plan | Practical Law

Nonqualified Deferred Compensation Plan | Practical Law

A form of nonqualified deferred compensation plan which can be used by employers to give participating employees the opportunity to defer certain compensation. The plan is intended to be a "top hat plan" within the meaning of ERISA and is designed to comply with the requirements of Section 409A of the Internal Revenue Code. This Standard Document contains drafting notes with important explanations and drafting tips.

Nonqualified Deferred Compensation Plan

Practical Law Standard Document 3-517-0948 (Approx. 34 pages)

Nonqualified Deferred Compensation Plan

by Practical Law Employee Benefits & Executive Compensation
MaintainedUSA (National/Federal)
A form of nonqualified deferred compensation plan which can be used by employers to give participating employees the opportunity to defer certain compensation. The plan is intended to be a "top hat plan" within the meaning of ERISA and is designed to comply with the requirements of Section 409A of the Internal Revenue Code. This Standard Document contains drafting notes with important explanations and drafting tips.