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Bausch & Lomb Holdings Inc – ‘S-1’ on 3/22/13 – ‘EX-10.18’

On:  Friday, 3/22/13, at 3:58pm ET   ·   Accession #:  1193125-13-122167   ·   File #:  333-187455

Previous ‘S-1’:  None   ·   Next & Latest:  ‘S-1/A’ on 4/26/13

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/22/13  Bausch & Lomb Holdings Inc        S-1                   39:13M                                    Donnelley … Solutions/FA

Registration Statement (General Form)   —   Form S-1
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-1         Registration Statement (General Form)               HTML   4.11M 
 2: EX-4.4      Instrument Defining the Rights of Security Holders  HTML    703K 
 3: EX-4.5      Instrument Defining the Rights of Security Holders  HTML     36K 
 4: EX-4.6      Instrument Defining the Rights of Security Holders  HTML     47K 
 5: EX-4.7      Instrument Defining the Rights of Security Holders  HTML     38K 
 6: EX-10.1     Material Contract                                   HTML    901K 
15: EX-10.10    Material Contract                                   HTML    103K 
16: EX-10.11    Material Contract                                   HTML    164K 
17: EX-10.12    Material Contract                                   HTML     85K 
18: EX-10.13    Material Contract                                   HTML    175K 
19: EX-10.14    Material Contract                                   HTML     86K 
20: EX-10.15    Material Contract                                   HTML     99K 
21: EX-10.16    Material Contract                                   HTML     65K 
22: EX-10.17    Material Contract                                   HTML     74K 
23: EX-10.18    Material Contract                                   HTML     20K 
24: EX-10.19    Material Contract                                   HTML     22K 
 7: EX-10.2     Material Contract                                   HTML    205K 
25: EX-10.20    Material Contract                                   HTML     19K 
26: EX-10.21    Material Contract                                   HTML     22K 
27: EX-10.22    Material Contract                                   HTML     99K 
28: EX-10.23    Material Contract                                   HTML     78K 
29: EX-10.24    Material Contract                                   HTML     41K 
30: EX-10.25    Material Contract                                   HTML     38K 
31: EX-10.26    Material Contract                                   HTML     40K 
32: EX-10.27    Material Contract                                   HTML     41K 
33: EX-10.28    Material Contract                                   HTML     35K 
34: EX-10.29    Material Contract                                   HTML     42K 
 8: EX-10.3     Material Contract                                   HTML     84K 
35: EX-10.30    Material Contract                                   HTML     43K 
 9: EX-10.4     Material Contract                                   HTML     63K 
10: EX-10.5     Material Contract                                   HTML     60K 
11: EX-10.6     Material Contract                                   HTML    106K 
12: EX-10.7     Material Contract                                   HTML     89K 
13: EX-10.8     Material Contract                                   HTML    108K 
14: EX-10.9     Material Contract                                   HTML     16K 
36: EX-21.1     Subsidiaries                                        HTML     29K 
37: EX-23.1     Consent of Experts or Counsel                       HTML     11K 
38: EX-23.2     Consent of Experts or Counsel                       HTML     12K 
39: EX-23.3     Consent of Experts or Counsel                       HTML     12K 


EX-10.18   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-10.18  

Exhibit 10.18

Brian J. Harris

Employment Term Sheet Dated March 19, 2009

 

Parties:    WP Prism Inc., a Delaware Corporation (the “Parent”); Parent’s operating subsidiary Bausch & Lomb Incorporated (the “Employer”), a New York corporation; and Brian J. Harris (the “Executive”).
Effective Date:    Start date March 30, 2009 the “Effective Date”).
Position:    Corporate Vice President and Chief Financial Officer reporting directly to the Chief Executive Officer of the Employer. Executive’s employment with the Employer will be “at-will.”
Location:    Executive’s principal place of employment shall be Rochester, New York.
Base Salary:    $500,000 per year.
Bonus Opportunity:    75% of Base Salary target incentive, based on the achievement of annual performance objectives which shall be established and approved by the Board of Directors of Parent (the “Board”).
Benefits    Eligible to participate in benefits plans, programs and practices of Employer, including without limitation co-investment opportunities such as those described below, made available to other similarly situated executives of Employer, as such plans, programs and policies may be in effect from time to time. For purposes of clarification, the Executive (in connection with his duties and responsibilities with the Employer) and the Compensation Committee will undergo a review of the current company match benefit under the Employer’s 401(k) Plan (the “401(k) Plan”) and as a result, such benefit is subject to change. Therefore, Executive’s rights to participate in the 401(k) Plan shall be subject to any amendments to the 401(k) plan (including, without limitation, the company match provided for therein) that the Compensation Committee deems to be appropriate.
Relocation   

Eligible to participate in the relocation policy of Employer, as such policy is in effect from time to time. The current relocation policy of the Employer is described in Appendix 1 attached hereto.

 

You will be entitled to temporary living until your family relocates to Rochester.

 

Upon relocation to Rochester, Executive will be eligible to receive a relocation bonus (the “Relocation Bonus”) in cash equal to the difference between (i) the purchase price of Executive’s house in Denver, Colorado less (ii) the sale price of Executive’s house in Denver, Colorado; provided that the Relocation Bonus shall in no event exceed $100,000.

 

LOGO


Brian J. Harris

Employment Term sheet dated March 19, 2009

Page 2

 

Commuting    Reasonable commuting expenses to be reimbursed.
Stock Option Grant:    On or as soon as practicable after the Effective Date, the Parent shall grant Executive an option (the “Option”) to purchase 584,866 shares of common stock of the Parent at an exercise price equal to the Fair Value of a share of Parent common stock on the grant date. Fifty percent (50%) of the Option will be a Time-Based Option and 50% of the Option will be a Performance-Based Option, as each such term is defined in the WP Prism Inc. Management Stock Option Plan (the “Option Plan”), which is attached hereto as Exhibit A. The Option shall be subject to and governed by the terms and conditions of the Option Plan and shall be evidence by a stock option grant agreement as provided under the Option Plan, a form of which is attached hereto as Exhibit B.

Co-Investment

Opportunity:

   As soon as practicable after the Effective Date, Executive shall have the opportunity to participate in the WP Prism Inc. Management Equity Investment Program (the “Investment Program”), subject to the terms and conditions of the Investment Program (as described in a prospectus provided to Executive, attached hereto as Exhibit C) and evidenced by a subscription agreement (the “Subscription Agreement”) and a shareholder’s agreement (the “Shareholder’s Agreement”), each substantially in the form attached hereto as Exhibit D and Exhibit E, respectively.
Severance:    Executive will be eligible to participate in the Employer’s Corporate Officer Separation Plan for New Hires (the “Separation Plan”), substantially in the form attached hereto as Exhibit F.
Vacation    You are entitled to five weeks vacation annually.

 

Accepted and Agreed

March 22, 2009

LOGO

 

Brian J. Harris

 

2


Dates Referenced Herein

This ‘S-1’ Filing    Date    Other Filings
Filed on:3/22/13None on these Dates
3/30/09
3/22/09
3/19/09
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Filing Submission 0001193125-13-122167   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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