March 12 (Reuters) - Valeant Pharmaceuticals International Inc (NYSE:VRX) VRX.TO :
* VALEANT SAYS FOR 2018, CEO JOSEPH PAPA WILL RECEIVE A LONG-TERM INCENTIVE AWARD WITH AGGREGATE VALUE OF $10.0 MILLION - SEC FILING
* VALEANT - FOR 2018, CFO PAUL HERENDEEN WILL RECEIVE A LONG-TERM INCENTIVE AWARD WITH AGGREGATE VALUE OF $3.5 MILLION
* VALEANT - LTI AWARDS FOR PAPA & HERENDEEN FOR 2018 WILL BE AWARDED IN PERFORMANCE SHARE UNITS, RESTRICTED SHARE UNITS & STOCK OPTIONS
* VALEANT - THE 933,416 PSUS PAPA RECEIVED UPON HIRE IN 2016 WILL BE CANCELLED, & SHARES UNDERLYING THOSE PSUS WILL BE PERMANENTLY RETIRED