0001860742-23-000015 Sample Contracts

BAUSCH + LOMB CORPORATION EMPLOYMENT AGREEMENT
Employment Agreement • May 3rd, 2023 • Bausch & Lomb Corp • Ophthalmic goods • New Jersey

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is hereby entered into as of August 1, 2022 (the “Effective Date”), by and between Bausch + Lomb Corporation, a corporation incorporated under the laws of Canada (the “Company”), and Yehia Hashad, an individual (the “Executive”) (hereinafter collectively referred to as “the parties”). Where the context requires, references to the Company shall include the Company’s subsidiaries and affiliates.

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BAUSCH + LOMB CORPORATION FORM OF STOCK OPTION GRANT AGREEMENT (NONSTATUTORY STOCK OPTION) (2022 Omnibus Incentive Plan)
Stock Option Grant Agreement • May 3rd, 2023 • Bausch & Lomb Corp • Ophthalmic goods • Ontario

Bausch + Lomb Corporation (the “Company”), pursuant to Section 7(a) of the Company’s 2022 Omnibus Incentive Plan (the “Plan”), hereby grants to you an Option to purchase the number of Common Shares set forth below (the “Option” or the “Award”). This Award is subject to all of the terms and conditions as set forth herein (this “Agreement”) and in the Plan, which is incorporated herein in its entirety. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Plan. In the event of any conflict between the terms in this Agreement and the Plan, the terms of the Plan shall control. For the avoidance of doubt, any terms contained in this Agreement but are not in the Plan shall not constitute a conflict and such terms in this Agreement shall control.

Bausch + Lomb Corporation Form of Restricted Share Unit Award Agreement (Restricted Share Units) (2022 Omnibus Incentive Plan)
Restricted Share Unit Award Agreement • May 3rd, 2023 • Bausch & Lomb Corp • Ophthalmic goods • Ontario

Bausch + Lomb Corporation (the “Company”), pursuant to Section 7(c) of the Company’s 2022 Omnibus Incentive Plan (the “Plan”), hereby awards to you a Restricted Share Unit Award in the form of restricted share units (the “Restricted Share Units” or the “Award”), payable in common shares of the Company (“Common Shares”), covering the number of Common Shares set forth below. This Award is subject to all of the terms and conditions as set forth herein (this “Agreement”) and in the Plan, which is incorporated herein in its entirety. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Plan. In the event of any conflict between the terms in this Agreement and the Plan, the terms of the Plan shall control. For the avoidance of doubt, any terms contained in this Agreement but are not in the Plan shall not constitute a conflict and such terms in this Agreement shall control.

Bausch + Lomb Corporation Share Unit Award Agreement (Performance Restricted Share Units) (2022 Omnibus Incentive Plan)
Share Unit Award Agreement • May 3rd, 2023 • Bausch & Lomb Corp • Ophthalmic goods • Ontario

Bausch + Lomb Corporation (the “Company”), pursuant to Section 7(c) of the Company’s 2022 Omnibus Incentive Plan (the “Plan”), hereby awards to you a Share Unit Award in the form of performance restricted share units (“PSUs”) in the target amount set forth below that are convertible into Common Shares in accordance with the terms set forth herein (the “Award”). This Award is subject to all of the terms and conditions as set forth herein (the “Agreement”) and in the Plan, which is incorporated herein in its entirety. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Plan. In the event of any conflict between the terms in the Agreement and the Plan, the terms of the Plan shall control. For the avoidance of doubt, any terms contained in the Agreement but are not in the Plan shall not constitute a conflict and such terms in the Agreement shall control.

Bausch + Lomb Corporation Share Unit Award Agreement (Restricted Share Units) (2022 Omnibus Incentive Plan)
Share Unit Award Agreement • May 3rd, 2023 • Bausch & Lomb Corp • Ophthalmic goods • Ontario

Bausch + Lomb Corporation (the “Company”), pursuant to Section 7(c) of the Company’s 2022 Omnibus Incentive Plan (the “Plan”), hereby awards to you a Restricted Share Unit Award in the form of restricted share units (the “RSUs” or the “Award”), payable in common shares of the Company (“Common Shares”), covering the number of Common Shares set forth below. This Award is subject to all of the terms and conditions as set forth herein (the “Agreement”) and in the Plan, which is incorporated herein in its entirety. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Plan. In the event of any conflict between the terms in the Agreement and the Plan, the terms of the Plan shall control. For the avoidance of doubt, any terms contained in the Agreement but are not in the Plan shall not constitute a conflict and such terms in the Agreement shall control.

Bausch + Lomb Corporation Form of Share Unit Grant Agreement (Performance Vesting) (Performance Restricted Share Units) (2022 Omnibus Incentive Plan)
Bausch & Lomb Corp • May 3rd, 2023 • Ophthalmic goods • Ontario

Bausch + Lomb Corporation (the “Company”), pursuant to Section 7(c) of the Company’s 2022 Omnibus Incentive Plan, as amended and restated from time to time (the “Plan”), hereby awards to you Performance Restricted Share Units (“Share Units”) in the amount set forth below, payable in Common Shares in accordance with the terms set forth herein (the “Award”). This Award is subject to all of the terms and conditions as set forth herein (this “Agreement”) and in the Plan, which is incorporated herein in its entirety. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Plan. In the event of any conflict between the terms in this Agreement and the Plan, the terms of the Plan shall control. For the avoidance of doubt, any terms contained in this Agreement but not in the Plan shall not constitute a conflict and such terms in this Agreement shall control.

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