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| 1. | Your                active employment with Bausch & Lomb ceases effective February 28,                2007 (“Separation Date”). You will not earn or accrue any vacation time                for 2007. |
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| 2. | On                March 1, 2007 Bausch & Lomb will make a lump sum severance payment to                you which is equal to twelve months of your current base salary,                less                deductions required by (i) law, (ii) the amount which you will owe                the                Company upon completion of the 2005 Tax Equalization Calculation                pursuant                to the Global Services Plan (estimated at approximately $45,000 for                2005),                and (iii) your share of any other payments attributable to any continued                benefits participation for which you are                eligible. |
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| 3. | You                will not receive a bonus under the Annual Incentive Compensation                Plan                (“AICP”) for 2005. You will be eligible to receive a bonus in an amount                equal to 53.9% of your target under the AICP for 2006, based on                performance against defined Company and business unit objectives                and                subject to (i) final confirmation by the Compensation Committee of                the                Company’s performance at the level required to fund the bonus pool                pursuant to the AICP and (ii) a final determination by the Compensation                Committee of the amount of your bonus. Any earned bonus for 2006                will be                paid out pursuant to the AICP. You hereby waive any claims to a bonus                for                2007 under the AICP and agree to accept the arrangement set forth                in this                Agreement in lieu of any entitlement you may have under the AICP                for 2007.                Your participation in the AICP shall be governed at all times by                the terms                of the Bausch & Lomb Plan documents, except as expressly modified by                this Agreement. |
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| 4. | Upon                execution of this Letter Agreement and expiration of the period set                forth                in Section 17 without revocation of this Agreement by you, you will                receive an "LTI" award in the amount of $466,480 under the Long Term                Performance Unit Program for the full 2004-2005 performance cycle.                You                will not be eligible to vest or otherwise participate in any subsequent                awards under the Long Term Performance Unit Program. Your participation                in                the Long Term Performance Unit Program shall be governed at all times                by                the terms of the Bausch & Lomb Plan documents, except as expressly                modified by this Agreement. |
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| 5. | Through                the Separation Date, you will be eligible to vest in stock options                under                the Company’s 1990 Stock Incentive Plan and/or 2003 Long-Term Incentive                Plan, provided that all other conditions to vesting of such options,                as                set forth in the stock option agreement covering such options, are                satisfied. The Compensation Committee of the Board of Directors will                also                accelerate the vesting date for one third of the stock option granted                to                you January 31, 2005 (option for 6,333 remaining unvested shares)                to                February 28, 2007. All other terms of such stock option grant remain                the                same. Following the Separation Date, you will not be eligible for                any                other vesting in stock options or restricted stock. A listing of                your                stock options and any outstanding loans is attached. As a participant                in                the 1990 Stock Incentive Plan who is retiring from the Company, you                will                have three (3) months from the Separation Date to exercise vested                incentive stock options and five (5) years from the Separation Date                to                exercise non-qualified stock options unless such incentive stock                option or                non-qualified stock option grant expires pursuant to its terms at                an                earlier date. As a participant in the Bausch & Lomb 2003 Long-Term                Incentive Plan who is retiring from the Company, you have until the                earlier of three years from the Retirement Date or the expiration                of the                end of the stated term of the option to exercise non-qualified stock                options granted under the 2003 Plan. Your participation in these                Plans                shall be governed at all times by the terms of the Bausch & Lomb 1990                Stock Incentive Plan and Bausch & Lomb 2003 Long-Term Incentive Plan                documents as applicable. |
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| 6. | Officer                perquisites will continue as                follows: |
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| 7. | You                may elect to continue your medical, dental and life insurance at                active                employee rates through the Separation Date. After the Separation                Date, you                will be eligible to participate in the retiree medical program and                the                retiree life insurance program, and you will be eligible for COBRA                coverage that allows you to continue your current dental insurance                at the                full premium rates for up to an additional 18 months. There is no                COBRA                eligibility for life insurance. Disability coverage ceases on the                Separation Date. There are no conversion rights for long-term disability.                Upon your request, HR will provide you with more                information. |
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| 8. | You                are fully vested in the Bausch & Lomb Steady Growth Plan (“Steady                Growth Plan”), Benefits Restoration Plan (“Restoration Plan”) and the                Supplemental Executive Retirement Plan III (“SERP”). Within three (3)                months of your Separation Date, you will receive details on payout                options                under the Steady Growth Plan, the Restoration Plan, and SERP from                our                Corporate Benefits Department. You will not vest in, or otherwise                receive                any benefits under, the Long-Term Equity Equivalent Accumulation                Plan.                Your participation in these Plans shall be governed at all times                by the                terms of the applicable Bausch & Lomb Plan                documents. |
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| 9. | Participation                in the Bausch & Lomb 401(k) Plan will end as of the Separation Date.                You may leave your money in the Bausch & Lomb 401(k) Plan or elect a                distribution. Contact Fidelity NetBenefits at www.401k.com or                1-800-835-5095 for account information or to make any future transactions.                Your participation in the 401(k) Plan shall be governed at all times                by                the terms of the Bausch & Lomb 401(k) Plan                document. |
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| 10. | Your                participation in the Deferred Compensation Plan shall be governed                at all                times by the terms of the Executive Deferred Compensation Plans and                the                Restricted Stock Deferred Compensation Plan. Deferred compensation                accounts that you’ve elected to receive upon retirement will commence                payment within 60 days of January 1, 2008. The investment mix can                be                changed at any time prior to payout by accessing the website at                www.mydeferral.com. You will continue to receive quarterly statements.                Please advise Corporate Compensation of any address                changes. |
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| 11. | In                consideration of the benefits to be provided to you in the Agreement                and                as part of your fiduciary obligations to Bausch & Lomb, you agree that                for a period of one (1) year from the Separation Date, you will not,                directly or indirectly, (a) compete with any business in which Bausch                & Lomb or any of its affiliates is currently engaged or actively                developing, (b) solicit or hire any employee of Bausch & Lomb or any                of its affiliates to work for or on behalf of you or any business                in which                you serve as an employee, an officer, a director, an owner, a partner                or a                five percent (5%) or more shareholder, or (c) solicit any person                who is a                customer of a business conducted by Bausch & Lomb or any of its                affiliates. For purposes of this Agreement, the phrase “compete” shall                include serving as an employee, an officer, a director, an owner,                a                partner or a five percent (5%) or more shareholder of any such business                or                otherwise engaging in or assisting another to engage in any such                business.                Without limiting the foregoing, Bausch & Lomb may consider, on an as                requested basis, modifications to your restrictions on competition                where                management of Bausch & Lomb believes the competitive impact on Bausch                & Lomb to be minimal or otherwise                manageable. |
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| 12. | As                a result of your employment with Bausch & Lomb and as a result of your                position as an officer of Bausch & Lomb, you are obviously privy to                sensitive financial and strategic information, as well as trade secrets                which are the confidential property of Bausch & Lomb, and Company                Information (as defined below). You affirm that, as a former officer                of                Bausch & Lomb, you will continue to have a fiduciary obligation to                maintain Company Information in confidence and not to disclose it                to                others. You will have returned or will, as of the Separation Date,                immediately return to Bausch & Lomb all Company Information that is                capable of being returned, including client lists, files, software,                records, computer access codes, and instruction manuals which you                have in                your possession, and you agree not to keep any copies of Company                Information. The term "Company Information" means: (i) confidential                information, including information received from third parties under                confidential conditions, and (ii) other technical, marketing, business                or                financial information, or information relating to personnel or former                personnel of Bausch & Lomb, the use or disclosure of which might                reasonably be construed to be contrary to the interest of Bausch&                Lomb; provided, however, that the term "Company Information" shall                not                include any information that is or became generally known or available                to                the public other than as a direct result of a breach of this Section                by                you or any action by you prior to the Separation Date which would                have                been a breach of your obligations to Bausch & Lomb in effect at such                time. |
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| 13. | You                agree to make yourself reasonably available to Bausch & Lomb (i) for                consultation through the Separation Date relating to work matters                and (ii)                at all reasonable times to respond to requests by Bausch & Lomb for                information concerning matters involving facts or events relating                to                Bausch & Lomb or any of its affiliates that may be within your                knowledge, and to assist Bausch & Lomb and its affiliates as                reasonably requested with respect to pending and future litigations,                arbitrations, other dispute resolutions, internal investigations                or                reviews, or other similar matters. Bausch & Lomb will reimburse you                for your reasonable travel expenses and costs incurred as a result                of your                assistance under this Section. As you know, the bylaws of Bausch&                Lomb provide for your indemnification, to the fullest extent authorized                or                permitted by law, in the event there are claims against you arising                out of                your actions while an officer of Bausch & Lomb. The bylaws also                provide for the advancement of expenses incurred in defending any                proceeding in advance of its final disposition. This Agreement is                not                intended to modify or limit those rights in any                manner. |
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| 14. | As                provided for in the Corporate Officer Separation Plan, by accepting                the                package set forth in this Agreement, and except as to the obligations                of                Bausch & Lomb set forth in this Agreement and under Bausch & Lomb                Benefit Plans, you, for yourself and your heirs, administrators,                representatives, and assigns (collectively, the "Releasors") hereby                release and discharge Bausch & Lomb, and its former and current                affiliates, agents, directors and employees and their successors                and                assigns (collectively, the "Releasees"), from any and all claims,                causes                of action, liability, damages and/or losses of whatever kind or nature,                in                law or equity, known or unknown, which the Releasors ever had, now                have,                or may have in the future against the Releasees from the beginning                of time                through the date of this Agreement, arising directly or indirectly                out of                your employment by Bausch & Lomb or as a result of your separation                from employment, including, but not limited to, any and all claims                arising                under any local, state or federal employment discrimination law,                including                but not limited to the Age Discrimination in Employment Act, the                Older                Workers' Benefits Protection Act, Title VII of the Civil Rights Act                of                1964, the Americans with Disabilities Act, and the New York Human                Rights                Law. In addition, as a condition to receiving certain severance benefits                detailed in this Agreement, you agree to execute the attached supplemental                release (“Supplemental Release”), within 21 days after the Separation                Date, thereby releasing all claims that may arise between the date                this                Agreement is counter-signed by you and the Separation                Date. |
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| 15. | You                understand that you should consult with your attorney prior to the                execution of this Agreement and have been given a reasonable opportunity                to do so. You acknowledge that you understand the contents of this                Agreement and that this Agreement is entered into freely and voluntarily                and that it is not predicated on or influenced by any representations                of                Bausch & Lomb or any of its                employees. |
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| 16. | You                acknowledge you have been afforded twenty-one (21) days to review                and                consider this Agreement; and that such period was a reasonable period                of                time for you to do so. |
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| 17. | You                understand that you may revoke this Agreement at any time within                seven (7)                days of the execution hereof, and that the Agreement will not become                effective or enforceable until the expiration of that                period. |
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| 18. | You                understand that nothing in this Agreement prevents you from filing                a                charge (including a challenge to the validity of this Agreement)                with the                Equal Employment Opportunity Commission (the “EEOC”) or participating in                any investigation or proceeding conducted by the EEOC. However, you                understand and agree that you are waiving any right to monetary or                other                individual relief as a result of any such EEOC proceedings or any                subsequent legal action brought by the EEOC or anyone else on your                behalf. |
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| 19. | Except                as provided for in this Agreement, the compensation and benefits                arrangements set forth in this Agreement supersede any other agreement                between you and Bausch & Lomb, and are in lieu of any rights or claims                that you may have with respect to severance or other benefits, or                any                other form of remuneration from Bausch & Lomb and its affiliates,                other than benefits under any tax-qualified employee pension benefit                plans                subject to the Employee Retirement income Security Act of 1974, as                amended. |
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| 20. | Except                as required by law or regulation, neither you nor Bausch & Lomb will                disclose or discuss the terms of this Agreement; provided, that you                may                disclose such terms to your financial and legal advisors and your                spouse                and Bausch & Lomb may disclose such terms to selected employees,                advisors and affiliates on a "need to know" basis, each of whom shall                be                instructed by you and Bausch & Lomb, as the case may be, to maintain                the terms of this Agreement in strict confidence in accordance with                the                terms hereof. Bausch & Lomb may also disclose the terms of this                Agreement as required by applicable law or regulations. You may also                disclose the content of your non-compete commitment to prospective                employers, as needed. |
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| 21. | By                this Agreement, you are resigning from all positions and offices                held by                you in Bausch & Lomb’s subsidiaries and affiliates except as expressly                provided in this Agreement. You agree that you will, when asked,                execute                such further instruments and documents as are necessary to effect                this                resignation as to all such Bausch & Lomb subsidiaries and                affiliates. |
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| 22. | You                represent and acknowledge that, in executing this Agreement, you                have not                relied upon any representation or statement made by Bausch & Lomb or                not set forth herein. This Agreement may not be amended, modified,                terminated, or waived in any part, except by a written instrument                signed                by the parties. |
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| 23. | All                payments made to you under this Agreement will be reduced by, or                you will                otherwise pay, all applicable income, employment and other taxes                required                to be withheld on such payments. |
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| 24. | The                invalidity or unenforceability of any provision will not affect the                validity or enforceability of any other provision of this Agreement.                The                terms of this Agreement are severable. If any paragraph, provision                or part                of this Agreement is found to be unenforceable by a tribunal of competent                jurisdiction, that paragraph, provision or part shall be treated                as if it                were deleted and the remaining provisions shall remain in full force                and                effect. The parties agree that in construing this provision, any                tribunal                of competent jurisdiction shall deem the unenforceable paragraph,                provision or part deleted to the minimum extent possible, thereby                saving                to the greatest extent possible all paragraphs, provisions and parts                or                this Agreement. |
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| 25. | Nothing                contained in this Agreement shall be construed in any way as an admission                by you or Bausch & Lomb of any act, practice or policy of                discrimination or breach of contract either in violation of applicable                law                or otherwise. Nothing contained in this Agreement shall be construed                as an                admission by you that you have acted improperly or failed to perform                your                duties. |
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| 26. | This                Agreement shall be governed by and construed in accordance with the                laws                of the State of New York, without regard to the principles of conflicts                of                law thereof, to the extent not superseded by applicable federal law.                The                parties hereto hereby agree that any dispute concerning formation,                meaning, applicability or interpretation of this agreement shall                be                submitted to the jurisdiction of the courts of the State of New York                (including federal courts in the State of New York), and venued in                Monroe                County, New York, and further agree that no other state shall have                jurisdiction over such matters. |
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| 27. | You                acknowledge and agree that Bausch & Lomb's remedy at law for any                breach of your obligations under Sections 11, 12 and 20 of this Agreement                would be inadequate and agree and consent that temporary and permanent                injunctive relief may be granted in any proceeding that may be brought                to                enforce any provision of this Section without the necessity of proof                of                actual damage. With respect to any provision of Sections 11, 12 and                20 of                this Agreement finally determined by a court of competent jurisdiction                to                be unenforceable, you and Bausch & Lomb hereby agree that such court                shall have jurisdiction to reform this Agreement or any provision                hereof                so that it is enforceable to the maximum extent permitted by law,                and you                and Bausch & Lomb agree to abide by such court’s                determination. |
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**Supplemental      Release**