ICN PHARMACEUTICALS, INC.
EXECUTIVE EMPLOYMENT AGREEMENT
THIS AGREEMENT (the "Agreement") entered into as of the 24th day of October, 2002 (the "Effective Date"),
by and between ICN PHARMACEUTICALS, INC.
(the "Company") and TIMOTHY C. TYSON, an individual (the "Executive")
(hereinafter collectively referred to as "the parties").
The Company desires to employ Executive and Executive desires to be employed by the Company, all pursuant
to the terms and conditions hereinafter set forth. The Company values Executive's anticipated contributions to the
Company's operations and strategic direction, and intends that Executive will be appointed to the offices of
President and Chief Executive Officer after the end of the Initial Term (as defined below).
NOW, THEREFORE, in consideration of the respective agreements of the parties contained herein, it is agreed
1. Term. The initial term of this Agreement shall be for the period commencing on the "Start Date" (as defined
below), and ending on the second anniversary of the Start Date (the "Initial Term"); provided, however, that the
term of this Agreement shall be automatically extended for successive one (1) year periods thereafter (each, a
"Renewal Period") unless either the Company or Executive shall have given written notice to the other party at
(90) days prior to the end of the Term of Agreement (as hereinafter defined), that the Term of Agreement shall
not be so extended. The Initial Term together with each Renewal Period, if any, are collectively referred to herein
as the "Term of Agreement". For purposes of this Agreement, the term "Start Date" shall mean November 5,
2002 (the "Start Date"). Executive's employment hereunder shall be coterminous with the Term of Agreement,
unless sooner terminated as provided in Section 5 hereof.
2. Employment. During the term of Executive's employment under this Agreement:
(a) Executive shall be employed as President and Chief Operating Officer of the