VALEANT PHARMACEUTICALS INTERNATIONAL, INC. MAKE-WHOLE AWARD AGREEMENT (RESTRICTED STOCK UNITS)Make-Whole Award Agreement • March 1st, 2017 • Valeant Pharmaceuticals International, Inc. • Pharmaceutical preparations • Ontario
Valeant Pharmaceuticals International, Inc. (the “Company”), pursuant to the Company’s 2014 Omnibus Incentive Plan (the “Plan”), hereby awards to you a Make-Whole Award in the form of restricted share units (the “Restricted Stock 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 (the “Award 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 Award Agreement and the Plan, the terms of the Plan shall control. For the avoidance of doubt, any terms contained in the Award Agreement but are not in the Plan shall not constitute a conflict and such terms in the Award Agreement shall control.
