Delaware
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20-4748747
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(State or other jurisdiction of
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(IRS Employer
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incorporation)
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Identification No.)
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On March 3, 2008, the Compensation Committee of Evercore Partners Inc. (the "Company") authorized the payment of cash bonuses and awards of restricted stock units ("RSUs") for certain employees, including executive officers. The amount of cash payments authorized and the number of RSUs awarded to the Company's named executive officers is set forth in Exhibit 99.1. The awards of RSUs were on substantially the same terms as previously disclosed RSUs award agreements, provided that the RSUs shall vest and the shares underlying such vested RSUs shall be issuable at a rate equal to twenty-five percent (25%) of the total number of RSUs granted on each anniversary of the grant date or earlier upon the occurrence of (i) a change of control, (ii) the death of the employee, (iii) the termination of the employee's employment due to disability and (iv) the employee becoming eligible for retirement.
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Evercore Partners Inc.
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Date: March 05, 2008
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By:
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/s/ Adam B. Frankel
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Adam B. Frankel
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General Counsel
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Exhibit No.
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Description
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EX-99.1
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Named Executive Officers' Cash Bonuses and Equity Awards
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Exhibit 99.1 |
Cash | RSUs | |||
Name and Principal Position | Payments ($) | Awarded (#) | ||
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Roger C. Altman | $2,116,000 | 82,671 | ||
Co-Chairman and Co-Chief Executive Officer | ||||
Austin M. Beutner | $2,116,000 | 82,671 | ||
President, Co-Chief Executive Officer and Chief Investment Officer | ||||
Eduardo Mestre | $3,090,000 | 56,785 | ||
Co-Vice Chairman | ||||
Bernard Taylor | $8,666,000 | _ | ||
Co-Vice Chairman | ||||
Robert B. Walsh | $1,000,000 | 5,116 | ||
Chief Financial Officer | ||||
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