LAZARD LLC May 10, 2005Letter Agreement • June 16th, 2005 • Lazard LTD • Finance services • New York
Contract Type FiledJune 16th, 2005 Company Industry Jurisdiction
FORM OF LETTER AGREEMENT] [Lazard LLC Letterhead] April , 2005Letter Agreement • May 2nd, 2005 • Lazard LTD • Finance services • New York
Contract Type FiledMay 2nd, 2005 Company Industry JurisdictionThis letter agreement sets forth the mutual understanding between Lazard LLC (“Lazard” on its behalf and on behalf of its subsidiaries and affiliates (collectively with Lazard, and its and their predecessors and successors, the “Lazard Group”)) and each of BW NY Goodwill L.L.C. and BW ROW Goodwill L.L.C. (collectively, the “Family Trusts”) regarding the rights and obligations applicable to the Lazard Class A-2 Interests (as defined in the Third Amended and Restated Operating Agreement of Lazard, dated as of January 1, 2002, as amended (the “LLC Agreement”)) that are held in the Family Trusts as set forth on Schedule I attached hereto (the “Trusts Interests”), in connection with the participation of the Trusts Interests in the reorganization of Lazard (the “Reorganization”), currently expected to occur substantially on the terms and conditions described in Amendment No. 4 to the Registration Statement on Form S-1, dated April 18, 2005, as filed with the Securities and Exchange Commissio