May 31 (Reuters) - Valeant Pharmaceuticals International
* Under separation agreement with former ceo pearson, he
will provide consulting services to company through december 31,
2017
* Pearson (LON:PSON) will receive $83,333 for each month during
consulting period that services are performed through end of
2016
* Pearson will receive $15,000 for each month that services
are performed for remainder of consulting period
* Former ceo pearson entitled to receive pro-rated annual
bonus in respect of 2016 fiscal year and severance payment equal
to $9 million
Source text for Eikon: ID:nEOL5fl7M9
Further company coverage: VRX.TO
(Bengaluru Newsroom: +1-646-223-8780) May 31 (Reuters) - Valeant Pharmaceuticals International Inc (NYSE:VRX)
VRX.TO
* Under separation agreement with former CEO pearson, he
will provide consulting services to company through december 31,
2017
* Pearson will receive $83,333 for each month during
consulting period that services are performed through end of
2016
* Pearson will receive $15,000 for each month that services
are performed for remainder of consulting period
* Former CEO Pearson entitled to receive pro-rated annual
bonus in respect of 2016 fiscal year and severance payment equal
to $9 million
Source text for Eikon: ID:nEOL5fl7M9
Further company coverage: VRX.TO
(Bengaluru Newsroom: +1-646-223-8780)