Common use of Non-Renewal Notice Clause in Contracts

Non-Renewal Notice. In the event the Company provides you with a notice of non-renewal of the “Employment Term” (as defined in your Employment Agreement) (the “Non-Renewal Notice”), then, in accordance with, and subject to, the terms of Section 6(g) and 8(e)(ii) of your Employment Agreement, such Non-Renewal Notice will be treated as a Termination of Service by the Company without Cause for purposes of this Agreement.

Appears in 4 contracts

Samples: Share Unit Award Agreement (Bausch & Lomb Corp), Share Unit Award Agreement (Bausch & Lomb Corp), Stock Option Grant Agreement (Bausch & Lomb Corp)

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