Income deferred in any type of nonqualified deferred compensation (NQDC) plan is subject to risks. That is because the plan must be unfunded for plan participants to avoid current taxation on deferred income. Even the informal funding of NQDC plans—e.g. …

Alternative payment forms are permitted upon a change of control, as well as upon death, disability, and an unforeseeable emergency, if the payment forms are based on…

You want to check your plan to see whether it has provisions that trigger payment for events such as a change in control (i.e. a merger, acquisition, or takeover), how it defines this…