Salary Deferral Agreement Template for Malaysia

1. Investment Provisions: Used when deferred salary will be invested, specifying investment parameters and risks

2. Early Withdrawal Rights: Include when allowing employees to access deferred salary before scheduled payment date in specific circumstances

3. Company Insolvency Protection: Additional protections for deferred salary in case of employer insolvency

4. Collective Agreement Reference: Required if the deferral arrangement relates to or affects existing collective agreements

5. Performance Conditions: Used when salary deferral is linked to performance metrics or company objectives

6. Change of Control Provisions: Addresses what happens to deferred salary in case of company ownership changes

1. Schedule 1 - Deferral Calculation Method: Detailed explanation of how deferred amounts are calculated

2. Schedule 2 - Payment Timeline: Specific dates or triggers for payment of deferred amounts

3. Schedule 3 - Tax Treatment Examples: Illustrations of tax implications under different scenarios

4. Appendix A - Employee Acknowledgment Form: Form for employee to acknowledge understanding of deferral terms

5. Appendix B - Early Withdrawal Request Form: Standard form for requesting early access to deferred salary if applicable