Exhibit 99.5
Confidentiality, Non-Solicitation
and Proprietary Information Agreement
(Evercore Senior Managing
Director)
This
Confidentiality, Non-Solicitation and Proprietary Information
Agreement (the “ Agreement ”), is made on this
21 st day of May, 2009, between
Evercore Partners Inc. (the “ Company ”), and
the employee signatory hereof (the “ Employee
”).
R E C I T A
L S :
WHEREAS, Employee acknowledges and
recognizes the highly competitive nature of the businesses of the
Company and its affiliates (collectively, “ Evercore
”);
WHEREAS, Employee acknowledges that
he/she will be provided with access to sensitive, proprietary and
confidential information of Evercore and will be provided with the
opportunity to develop relationships with clients, prospective
clients, employees and other agents of Evercore, which, in each
case, Employee acknowledges and agrees constitute valuable assets
of Evercore;
WHEREAS, in connection with the
Employee’s execution of an employment agreement with the
Company dated as of the date hereof (the “ Employment
Agreement ”), Employee agrees to be subject to the
restrictive covenants as set forth in this Agreement, effective as
of the date Employee commences employment with Evercore (the
“Effective Date”);
NOW THEREFORE, for good and valuable
consideration, effective as of the Effective Date, the parties
agree as follows:
1.
Confidentiality.
(a) Employee will not at any time
(whether during or after Employee’s employment with
Evercore), other than in the ordinary course of performing services
for Evercore, (x) retain or use for the benefit, purposes or
account of Employee or any other person, firm, partnership, joint
venture, association, corporation or other business organization,
entity or enterprise whatsoever (“ Person ”); or
(y) disclose, divulge, reveal, communicate, share, transfer or
provide access to any Person outside Evercore (other than its
professional advisers who are bound by confidentiality
obligations), any non-public, proprietary or confidential
information obtained by Employee in connection with the
commencement of Employee’s employment with Evercore or at any
time thereafter during the course of Employee’s employment
with Evercore — including without limitation trade secrets,
know-how, research and development, software, databases,
inventions, processes, formulae, technology, designs and other
intellectual property, information concerning finances,
investments, profits, pricing, costs, products, services, vendors,
customers, clients, partners, investors, personnel, compensation
(excluding Employee’s own compensation), recruiting,
training, advertising, sales, marketing, promotions, government and
regulatory activities and approvals — concerning the past,
current or future business, activities and operations of Evercore
and/or any third party that has disclosed or provided any of the
same to Evercore on a confidential basis (provided that with
respect to such third party Employee knows
or reasonably should have known that the third
party provided it to Evercore on a confidential basis) (“
Confidential Information ”) without the prior written
authorization of the Company’s Board of Directors or its
designee; provided, however , that in any event Employee
shall be permitted to disclose any Confidential Information
reasonably necessary (i) to perform Employee’s duties
while employed with Evercore or (ii) in connection with any
litigation or arbitration involving this or any other agreement
entered into between Employee and Evercore before, on or after the
date of this Agreement in connection with any action or proceeding
in respect thereof; provided further , that in any event
Employee shall be permitted to disclose (publicly or otherwise) any
Confidential Information reasonably necessary to disclose
Employee’s “track record” with the Company at any
time after the expiration of the Restricted Period (as defined
below in Section 2(a)(i)).
(b) “Confidential
Information” shall not include any information that is
(x) generally known to the industry or the public other than
as a result of Employee’s breach of this covenant or any
breach of other confidentiality obligations by third parties to the
extent the Employee knows or reasonably should have known of such
breach by such third parties; (y) made legitimately available
to Employee by a third party (unless Employee knows or reasonably
should have known that such third party has breached any
confidentiality obligation); or (z) required by law or by any
court, arbitrator, mediator or administrative or legislative body
(including any committee thereof) with actual or apparent
jurisdiction to order Employee to disclose or make accessible any
information; provided that, with respect to clause
(z) Employee, except as otherwise prohibited by law or
regulation, shall give prompt written notice to Evercore of such
requirement, disclose no more information than is so required, and
shall reasonably cooperate with any attempts by Evercore, at its
sole cost, to obtain a protective order or similar treatment prior
to making such disclosure.
(c) Except as required by law or
otherwise set forth in clause (z) of Section 1(b) above,
or unless or until publicly disclosed by Evercore, Employee will
not disclose to anyone, other than Employee’s immediate
family and legal, tax or financial advisors, the existence or
contents of this Agreement; provided that Employee may
disclose (i) to any prospective future employer the provisions
of this Agreement provided they agree to maintain the
confidentiality of such terms or (ii) in connection with any
litigation or arbitration involving this Agreement.
(d) Upon termination of
Employee’s employment with Evercore for any reason, Employee
shall (x) cease and not thereafter commence use of any
Confidential Information or intellectual property (including
without limitation, any patent, invention, copyright, trade secret,
trademark, trade name, logo, domain name or other source indicator)
if such property is owned or used by Evercore; (y) immediately
destroy, delete, or return to Evercore, at Evercore’s option,
all originals and copies in any form or medium (including
memoranda, books, papers, plans, computer files, letters and other
data) in Employee’s possession or control (including any of
the foregoing stored or located in Employee’s office, home,
laptop or other computer, whether or not Company property) that
contain Confidential Informati