The Deferred Compensation Contract is a specialized agreement used in the Netherlands when an employer wishes to establish a formal arrangement for postponing payment of an employee's compensation to a future date. This type of contract is particularly valuable for tax planning, employee retention, and long-term incentive purposes. It must comply with Dutch tax and employment legislation, including the Wages Tax Act and Civil Code provisions. The document typically includes detailed terms about the deferred amount, vesting schedule, payment conditions, and tax implications. It's commonly used for executives and key employees, especially in situations involving performance-based compensation or long-term incentive plans. The contract must carefully address Dutch-specific requirements regarding social security contributions, pension implications, and employee protections.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the employer and employee, including full legal names and addresses
2. Background: Context of the agreement, employment relationship, and reason for deferred compensation arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including 'Deferred Compensation', 'Vesting Date', 'Compensation Amount', etc.
4. Amount of Deferred Compensation: Specification of the amount or calculation method of the deferred compensation
5. Vesting Schedule: Details of when and how the deferred compensation will vest
6. Payment Terms: Timing and method of payment of the deferred compensation
7. Tax Treatment: Provisions regarding tax implications and responsibilities
8. Conditions and Requirements: Conditions that must be met for the deferred compensation to be paid
9. Termination Provisions: Effects of employment termination on deferred compensation rights
10. Compliance with Laws: Statements ensuring compliance with relevant Dutch laws and regulations
11. Amendment and Modification: Procedures for modifying the agreement
12. Governing Law and Jurisdiction: Specification of Dutch law as governing law and jurisdiction for disputes
1. Change in Control Provisions: Used when protection of rights in case of company ownership changes is needed
2. International Tax Provisions: Required when the employee is subject to tax in multiple jurisdictions
3. Non-Competition and Non-Solicitation: Added when additional restrictive covenants are tied to the deferred compensation
4. Clawback Provisions: Used when the company wants right to recoup payments under certain circumstances
5. Death and Disability Provisions: Detailed provisions for what happens to deferred compensation in these events
6. Administrative Procedures: Added for complex arrangements requiring specific administrative processes
7. Investment Options: Included when the deferred compensation can be invested in different options
1. Schedule A - Calculation Method: Detailed formula and examples for calculating the deferred compensation amount
2. Schedule B - Vesting Schedule: Detailed timeline and conditions for vesting of the deferred compensation
3. Schedule C - Payment Schedule: Specific dates and amounts for payment distributions
4. Schedule D - Tax Calculations: Examples and methods for tax calculations and withholding
5. Appendix 1 - Definitions: Extended definitions and interpretations of technical terms
6. Appendix 2 - Compliance Checklist: Checklist ensuring compliance with Dutch tax and employment laws
7. Appendix 3 - Forms: Required forms for elections, beneficiary designations, and administrative matters
Find the exact document you need
Deferred Compensation Contract
A Dutch law-governed agreement establishing terms for delayed payment of employee compensation, including vesting conditions and tax treatments.
Download
Bonus Agreement
Dutch law-governed Bonus Agreement setting out terms for variable compensation, including performance criteria and payment conditions.
Download
Salary Agreement Contract
A Dutch law-governed employment agreement specifying salary and compensation terms between employer and employee, compliant with Dutch employment legislation.
Download
Transaction Bonus Agreement
A Dutch law-governed agreement establishing terms for special bonus payments to key employees upon completion of specified corporate transactions.
Download
Employee Compensation Agreement
A Dutch law-governed agreement detailing an employee's complete compensation package, including salary, benefits, and variable pay components.
Download
Compensation Reduction Agreement
A Dutch law-governed agreement documenting mutually agreed compensation reduction terms between employer and employee.
Download
Severance Payment Agreement
A Dutch law-governed agreement detailing employment termination terms and severance payment arrangements between an employer and employee.
Download
Severance Pay Non Compete Agreement
Dutch law-governed agreement combining severance payment terms with non-compete restrictions, ensuring both employee compensation and business protection.
Download
Salary Deferral Agreement
Dutch law-governed agreement establishing terms for deferring employee salary, including payment schedule and tax implications.
Download
Compensation For Non Compete Agreement
A Dutch law-compliant agreement establishing non-compete restrictions and corresponding compensation terms between employer and employee.
Download
Employee Retention Bonus Agreement
Dutch law-governed agreement establishing terms for employee retention bonus payments, including amount, conditions, and payment schedule.
Download
Hiring Bonus Agreement
Dutch law-governed agreement specifying terms and conditions of a hiring bonus, including payment terms and clawback provisions.
Download
Commission Pay Agreement
A Dutch law-governed agreement establishing commission-based compensation terms between employer and employee, including calculation methods and payment conditions.
Download
Deferred Salary Agreement
Dutch law-governed agreement establishing terms for deferring employee salary payments to a future date.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)