EFTA00989100.pdf

From: "Jeffrey E." <[email protected]> To: Melanie Spinella Subject: Fwd: Confidentiality Agreements Date: Tue, 06 May 2014 21:56:51 +0000 slowly i turned step by step inch by inch Forwarded message From: Ada Clapp <11 Date: Tue, May 6, 2014 at 9:21 AM Subject: RE: Confidentiality Agreements To: "jeffrey E." <[email protected]> Cc: Eileen Alexanderson Hi Jeffrey, Where shall I call you if you want to discuss? I tired your number and got voicemail. I think it is important to have everyone involved in the family's planning sign confidentiality agreements. The earlier in the process the better as an agreement signed now would not necessarily protect against prior disclosures (unless the individual signing is willing to make a representation that they have not disclosed confidential information prior to the date of the document—or to have the document be effective as of an earlier date). However, an agreement signed now would protect against future disclosure of all information obtained by the signer —including information obtained prior to the date of the agreement. Recall that I had five-year's worth of confidential information about Leon and his family at US Trust and still signed a confidentiality agreement when I started with the family office. I don't think the analysis is different for Darren, Rich and Larry. In fact, Darren appears to be working with information that is so confidential you are considering whether it can be shared with me (I am referring to the "gift trust" which Darren was drafting on his computer at our last meeting). He is clearly acquiring new confidential information daily and this needs to be protected. I can revise the confidentiality agreements Paul Weiss prepared last July to update them and date them as of today if you prefer but it is my recommendation that everyone receiving any information about Leon and his family sign one. Happy to discuss. Ada Clapp Elysium Management LLC EFTA00989100 445 Park Avenue Suite 1401 New York, New York 10022 Direct Dial: 646-589-0303 Fax: 646-589-0330 Email: IRS Circular 230 Disclosure: Pursuant to IRS regulations, I inform you that any tax advice contained in this communication (including attachments) is not intended or written to be used, and cannot be used, by any person or entity for the purposes of (i) avoiding tax related penalties imposed by any governmental tax authority, or (ii) proposing, marketing or recommending to another party any transaction or matter discussed herein. I advise you to consult with an independent tax advisor on your particular tax circumstances. This communication and any attachment is for the intended recipient(s) only and may contain information that is privileged, confidential and/or proprietary. If you are not the intended recipient, you are hereby notified that further dissemination of this communication and its attachments is prohibited. Please delete all copies of this communication and its attachments and notify me immediately that you have received them in error. Thank you. From: jeffrey E. [mailto:jeevacationPgmail.comi Sent: Tuesday, May 06, 2014 2:40 AM To: Ada Clapp Subject: speak to me re confidentialyt agreements at this late stage. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and EFTA00989101 destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00989102