EX-10.2
from 8-K
7 pages
1.position: Managing Director and Chief Executive Officer, Lazard Asset Management, Effective on a Date Not Later Than January 30, 2026 (The “Effective Date”), Subject to (A) Your Having Returned a Signed Copy of This Letter Agreement on or Prior to the Offer Expiration Date Set Forth in Section 15 of This Letter Agreement and Satisfying the Requirements to Become a Partner of Lazard as Set Forth in Section 15, and (B) Your Commencement of Services With Lazard on or Prior to the Effective Date. Your Primary Location of Work Shall Be in Lazard’s New York Office, With It Being Understood That You Will Travel as Reasonably Needed to Perform the Business Affairs of Your Position. You Will Be Eligible to Enter Into Lazard’s Standard Retention Agreement, a Copy of Which Has Been Provided to You on or Prior to the Date Hereof (The “Retention Agreement”) and Will Be Entered Into Prior To, and Become Effective Upon and Subject To, the Commencement of Your Employment With Lazard Upon the Effective Date, in Accordance With This Letter Agreement (Including Section 15). 2.base Compensation: You Will Receive a Salary at the Rate of Not Less Than $750,000 Per Annum, Which Will Be Paid Semi-Monthly on the Business Day Prior to the 15th and the Business Day Prior to the Last Day of Each Month, While You Remain Employed
12/34/56
