ACUITY BRANDS, INC.
THIS AGREEMENT (the “Agreement”), made and entered into as of this day of , 2003, by and between
ACUITY BRANDS, INC., a Delaware corporation (the “Company”), and (the “Executive”).
W I T N E S S E T H:
WHEREAS, Executive is a key employee of the Company and an integral part of the Company’s management; and
WHEREAS, the Company desires to provide the Executive with certain benefits if the Executive’s employment is
terminated involuntarily under certain circumstances; and
WHEREAS, the Company and the Executive have determined that it is in their mutual best interests to enter into this
NOW, THEREFORE, the parties hereby agree as follows:
TERM OF AGREEMENT .
Unless earlier terminated as hereinafter provided, this Agreement shall commence on the date hereof, shall be for a rolling,
two-year term (the “Term”), and shall be deemed to extend automatically, without further action by either the Company or
Executive, each day for an additional day, such that the remaining term of the Agreement shall continue to be two years;
provided, however, that either party may, by written notice to the other, cause this Agreement to cease to extend automatically
and, upon such notice, the “Term” of this Agreement shall be the two-year period following the date of such notice and this
Agreement shall terminate upon the expiration of such Term. This Agreement shall not be considered an employment agreement
and in no way guarantees Executive the right to continue in the employment of the Company or its affiliates. Executive’s
employment is considered employment at will, subject to Executive’s right to receive payments and benefits upon certain
terminations of employment as provided below.
As of the date hereof, this Agreement is intended to, and shall, supersede and replace in their entirety the severance