Exhibit 10.10
TRADEMARK AND COPYRIGHT LICENSE AGREEMENT
THIS TRADEMARK AND COPYRIGHT LICENSE AGREEMENT (the "Agreement") is made
effective as of February 6, 2013 (the "Effective Date"), by and between Pfizer
Inc., a Delaware corporation having its principal place of business at 235 E.
42nd Street, New York, New York 10017 ("Pfizer") and Zoetis Inc., a Delaware
corporation having its principal place of business at 5 Giralda Farms, Madison,
NJ 07940 (the "Company"). Pfizer and the Company are sometimes referred to
herein individually as a "Party" and collectively as the "Parties."
RECITALS:
WHEREAS, Pfizer and its applicable Affiliates own or are licensed the trade
names, trademarks and service marks listed in Schedule 1.1(c) and own copyrights
in certain policies and guidelines;
WHEREAS, as part of the Plan of Reorganization, Pfizer and its applicable
Affiliates licensed the Company and its applicable Affiliates rights to the
Licensed Marks and the Licensed Copyrighted Works (each, as defined herein); and
WHEREAS, the Parties now seek to confirm the terms of those license grants and
grant any additional license grants, as specified in this Agreement.
NOW, THEREFORE, in consideration of the mutual agreements, provisions and
covenants contained in this Agreement, the Parties, intending to be legally
bound, hereby agree as follows:
1. DEFINITIONS
1.1     Definitions. Capitalized terms used but not otherwise defined herein
shall have the meanings ascribed to such terms in the Global Separation
Agreement. For the purpose of this Agreement, the following terms shall have the
following meanings:
"Affiliate" of any Person means a Person that controls, is controlled by, or is
under common control with such Person. As used herein, “control” means the
possession, directly or indirectly, of the power to direct or cause the
direction of the management and policies of such entity, whether through
ownership of voting securities or other interests, by contract or otherwise. It
is expressly agreed that, from and after the Effective Date, solely for purposes
of this Agreement (a) no member of the Company Group shall be deemed to be an
Affiliate of any member of the Pfizer Group and (b) no member of the Pfizer
Group shall be deemed to be an Affiliate of any member of the Company Group.
“Applicable Laws” means all applicable laws, statutes, rules, regulations, and
guidelines, including all applicable standards or guidelines promulgated by any
applicable Governmental Authority.
“Company Business” means the business of discovery, research, development,
manufacturing, formulation, licensing, marketing, distribution of, and leasing
and/or selling of products, including pharmaceuticals (including pesticides),
nutritionals, crop pesticides and biologicals (including vaccines, biologics,
antibodies, hormones, large molecule therapeutics, proteins and peptides),
diagnostic products, biodevices, genetic tests and services solely to the extent
applicable to non-human animals for the Company Field, in each case, as
conducted as of the Effective Date, but excluding all of the other products,
services or businesses of Pfizer or any of its Affiliates, including Pfizer’s
human pharmaceutical, consumer health and nutrition businesses.
“Company Field” means the diagnosis, prevention, palliation, or treatment of any
disease, disorder, syndrome, or condition (including pest infestation) in
non-human animals solely for non-human animals (and not, for clarity, humans)
and the use of pesticides on crops. For clarity, the Company Field (a) excludes
uses in non-human animals for the research, development, manufacture or
commercialization of any products to diagnose, prevent, palliate, or treat any
disease, disorder, syndrome or condition in humans and (b) includes the
treatment of non-human animals that may indirectly impact the health of humans,
including uses for food safety and/or environmental vector-borne disease control
where such disease control may impact both non-human animals and humans.
“Company Licensee” means, with respect to a Pfizer Licensor, that member of the
Company Group that is set forth on Schedule 1.1(a).
“Confidential Information” has the meaning set forth in Section 5.1.
"Control" and "Controlled" means with respect to any Trademarks or Copyrights,
possession by a Party or its Affiliates of the right (other than pursuant to a
license granted under this Agreement), whether directly or indirectly, to grant
rights to, or to grant a license or a sublicense under, such Trademarks or
Copyrights as provided for herein, without violating the terms of any

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agreement with, or rights of, a Third Party. For clarity, if a Party or its
Affiliates can only grant a license, sublicense, or provide rights of limited
scope, for a specific purpose or under certain conditions (including as a result
of any Third Party Agreement), "Control" or "Controlled" shall be construed to
so limit such license, sublicense or provision (as applicable).
“Controlling Party” has the meaning set forth in Section 9.2.4.
“Disclosing Party” has the meaning set forth in Section 5.1.
"Effective Date has the meaning set forth in the Introduction
“Global Separation Agreement” means that certain Global Separation Agreement by
and between Pfizer and the Company, dated on or about the date hereof.
"Governmental Authority" means any nation or government, any state,
municipality, or other political subdivision thereof, or any entity, body,
agency, commission, department, board, bureau, court, tribunal, or other
instrumentality, whether federal, state, local, regional, domestic, foreign, or
multinational, exercising executive, legislative, judicial, regulatory,
administrative, or other similar functions of, or pertaining to, government or
any executive official thereof.
“Indemnifying Party” has the meaning set forth in Section 7.3.1.
“Indemnitees” has the meaning set forth in Section 7.1.
“Indemnity Payment” has the meaning set forth in Section 7.3.1.
“LE Date” means, with respect to each Pfizer Licensor, those dates set forth on
Schedule 1.1(b).
“Licensed Copyrighted Works” means all policies and guidelines that are
necessary to conduct the Company Business as currently conducted and any
derivative works created by or on behalf of the Company, excluding any
(a) patents, (b) know-how and (c) polices and guidelines related to researching,
developing, manufacturing and commercializing products in the Company Field.
“Licensed Marks” means the Trademarks set forth on Schedule 1.1(c) to the extent
Controlled by the applicable Pfizer Licensor.
“Materials” has the meaning set forth in Section 3.4.
“Non-Controlling Party” has the meaning set forth in Section 9.2.5.
"Pfizer Field" means all fields other than the Company Field, including the
diagnosis, prevention, palliation, or treatment of any disease, disorder,
syndrome, or condition in humans.
"Pfizer Licensor" means the members of the Pfizer Group set forth on Schedule
1.1(a).
"Prosecution Activities" has the meaning set forth in Section 9.1.1.
"Receiving Party" has the meaning set forth in Section 5.1.
"Requesting Party" has the meaning set forth in Section 4.3.
"Sublicensee" has the meaning set forth in Section 2.3.
“Territory” means worldwide.
“Third Party” means a Person other than a Party or an Affiliate of a Party.
“Third Party Agreements” means, with respect to a Licensed Mark, any agreements
with Third Parties to which the Licensed Marks are subject, including the
agreements pursuant to which such Pfizer Licensor (a) is being licensed,
sublicensed or granted other rights to the Licensed Marks from a Third Party or
(b) is licensing, sublicensing or granting other rights to the Licensed Marks to
a Third Party (excluding, in each of the foregoing (a) and (b), the
Manufacturing and Supply Agreements). The Third Party Agreements include the
agreements set forth on Schedule 1.1(d).
“Third Party Claim” has the meaning set forth in Section 7.4.1.
“Third Party Infringement” has the meaning set forth in Section 9.2.1.

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2. LICENSE GRANT
2.1     License.
2.1.1     License to Licensed Marks. Subject to the terms and conditions of this
Agreement, Pfizer hereby grants, and shall cause each Pfizer Licensor to grant,
to the applicable Company Licensees an exclusive, royalty-free, perpetual, fully
paid-up license (which shall be limited, for clarity, solely to the Company
Field) to use the applicable Licensed Marks in the Territory (a) in the same
manner as immediately prior to the Effective Date and (b) in connection with any
modifications or line extensions of any products with which the Licensed Marks
were used immediately prior to the Effective Date (provided that the applicable
Company Licensee provides the applicable Pfizer Licensor with at least sixty
(60) days prior written notice with respect to any such use).
2.1.2.     Limitations. Notwithstanding anything to the contrary herein, the
Company Licensees shall not (a) register domain names that incorporate the
Licensed Marks or use the Licensed Marks in the address of any social media
(e.g., Facebook, Twitter) or similar or successor media or (b) use the Licensed
Marks in any trade name, corporate name or “doing business as” name.
2.1.3.     License to the Licensed Copyrighted Works. Subject to the terms and
conditions of this Agreement and Section 5.03 of the Global Separation
Agreement, Pfizer hereby grants, and shall cause each Pfizer Licensor to grant,
to the applicable Company Licensees a non-exclusive, royalty-free, perpetual,
fully paid-up license to use, copy and distribute to such Company Licensee and
its Affiliates the Licensed Copyrighted Works in the Territory solely to the
extent necessary for the Company Licensees and their Affiliates to conduct the
Company Business.
2.2.     Third Party Agreements. The license granted under Section 2.1 shall
also include sublicenses of the Licensed Marks licensed to the applicable Pfizer
Licensor by a Third Party prior to the applicable LE Date. The Company Licensees
hereby acknowledge and agree that the Licensed Marks and the Licensed
Copyrighted Works may be subject to the Third Party Agreements and, accordingly,
all of the terms of this Agreement shall be subject to such agreements. To the
extent that a Company Licensee is granted rights to any such Licensed Marks or
Licensed Copyright Works, such Company Licensee shall comply with the Third
Party Agreements related thereto. If any Pfizer Licensor’s ability to grant any
rights to any Company Licensees requires first satisfying any preconditions,
including obtaining any Consent, the Parties shall reasonably cooperate to
satisfy such preconditions; provided that the Pfizer Licensors and their
Affiliates shall not be obligated to breach any applicable agreement or to offer
to pay, or pay, any money or offer to incur, or incur, any non-monetary
obligations to satisfy any such preconditions unless the applicable Company
Licensee first agrees in a writing reasonably acceptable to the applicable
Pfizer Licensor to pay such consideration and undertake all such obligations on
the applicable Pfizer Licensor’s behalf.
2.3.     ublicenses. Subject to the terms hereof, each Company Licensee may
sublicense its license to (a) the Licensed Marks and Licensed Copyrighted Works
to its Affiliates and (b) the Licensed Marks to Third Parties with the
applicable Pfizer Licensor’s prior written consent (not to be unreasonably
withheld or delayed) (each permitted sublicensee, a “Sublicensee”); provided
that such consent shall not be required with respect to sublicenses granted to
such Company Licensee’s customers and distributors in the ordinary course of
business. Each Sublicensee that is a Third Party shall enter into a written
sublicense agreement with the applicable Company Licensee that is subject to the
terms of this Agreement. Granting a sublicense to a Sublicensee shall not
relieve any Company Licensee of any of its obligations hereunder and each
Company Licensee shall remain responsible and liable for Sublicensees’
compliance with the terms of this Agreement. Sublicensees may not grant further
sublicenses. For clarity, any sublicense granted pursuant to this Section shall
be subject to the terms and conditions of any applicable agreements with any
Third Parties.
2.4.     No Modifications to the Licensed Marks. The Company Licensees shall
not, without the prior written consent of the applicable Pfizer Licensor,
(a) change, modify, or create any variation of the Licensed Marks, including by
combining a Licensed Mark with a prefix or suffix or modifying any word or term
therein or (b) conjoin any Trademark, word or term with a Licensed Mark so as to
form a composite or combined Trademark.
2.5.    Pfizer Licensors and Company Licensees. To the extent this Agreement
sets forth any obligations of any Pfizer Licensor or any Company Licensee,
Pfizer and the Company, respectively, shall cause the applicable Pfizer Licensor
and Company Licensee to comply with such obligations. Pfizer shall remain
responsible and liable for each of the Pfizer Licensor’s, and the Company shall
remain responsible and liable for each of the Company Licensee’s, compliance
with all of the terms of this Agreement.

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2.6.     No Implied Licenses. Pfizer reserves its and its Affiliates’ (including
all other Pfizer Licensors’) rights in, to and under all Intellectual Property
that is not expressly licensed hereunder. Without limiting the foregoing, this
Agreement and the licenses and rights granted herein do not and shall not be
construed to confer any rights upon any Company Licensees or any of their
Affiliates by implication, estoppel, or otherwise as to any of Pfizer Licensors’
or its Affiliates’ Trademarks, Copyrights or other Intellectual Property, except
as otherwise expressly set forth herein.
3. QUALITY CONTROL
3.1.     Quality Control. Each Company Licensee shall ensure that the quality of
products and services provided by such Company Licensee and its Sublicensees
under the Licensed Marks will be at least equal to the quality of products and
services provided under such Licensed Marks immediately prior to the Effective
Date and such products and services comply with all Applicable Laws. Each Pfizer
Licensor shall have the right to review and exercise quality control over the
applicable Company Licensee’s and its Sublicensees’ use of the Licensed Marks as
reasonably necessary or desirable (as determined by the Pfizer Licensor in the
Pfizer Licensor’s sole discretion) to maintain the validity and enforceability
of the Licensed Marks and protect the goodwill associated therewith.
3.2.     No Adverse Action. The Company Licensees shall not take any action that
might dilute, tarnish, disparage, or reflect adversely on any Pfizer Licensor,
its Affiliates or any Licensed Marks or diminish the value or goodwill
associated therewith. Without limiting the foregoing, each Company Licensee
shall use the applicable Licensed Marks and Licensed Copyrighted Works in
accordance with sound trademark, trade name and copyright usage principles and
in accordance with all Applicable Laws (including laws relating to maintaining
the validity and enforceability of the Licensed Marks and Licensed Copyrighted
Works).
3.3.     No Affiliation. Except as otherwise expressly permitted under the
Global Separation Agreement, the Company Licensees shall not, and shall cause
their Affiliates and Sublicensees to not, expressly or by implication, do
business as or represent themselves as any of the Pfizer Licensors or its
Affiliates, and shall ensure that there is no confusion that any Company
Licensee, its Affiliates or its Sublicensees are affiliated with any Pfizer
Licensor or any of its Affiliates and, if any such confusion occurs, shall
promptly remediate the same
3.4.     Materials. Subject to the Global Separation Agreement, each Company
Licensee shall be permitted to use the Licensed Marks on packaging, labeling,
advertising, promotional materials, periodicals, samples of products and any
other publicly disseminated or accessible materials (whether printed,
electronic, or otherwise) bearing, referencing, or offered under the applicable
Licensed Marks (collectively, the “Materials”) disseminated immediately prior to
the Effective Date. Each Company Licensee shall provide to the applicable Pfizer
Licensor representative samples of any proposed changes or modifications to the
Materials (other than immaterial changes or modifications or the removal and
replacement of the Retained Names), or any new Materials, reasonably prior to
initial public dissemination of such Materials, and such Company Licensee shall
not use or disseminate any such Materials without such Pfizer Licensor’s prior
written consent (which Pfizer may withhold in its sole discretion).
3.5.     Notices and Legends. As reasonably requested by the applicable Pfizer
Licensor, each Company Licensee shall, and shall cause its Sublicensees to, use
commercially reasonable efforts to mark in a manner that is visible to the
public, use of the Licensed Marks (or, if a Licensed Mark is used multiple times
in any Materials, the first prominent use of such Licensed Mark) and the
Licensed Copyrighted Works.
4. OWNERSHIP; RECORDATION
4.1.     Ownership.
4.1.1. Ownership of Licensed Marks and Licensed Copyrighted Works. As between
the Parties, the Company, on behalf of itself and the other Company Licensees,
acknowledges and agrees that (a) the Pfizer Licensors or their Affiliates own
the Licensed Marks and all rights therein and goodwill pertaining thereto and
the Licensed Copyrighted Works including, for clarity, all derivative works
based thereon and (b) each Company Licensee’s and its Sublicensees’ use of the
Licensed Marks and any and all goodwill generated thereby or associated
therewith, and the Licensed Copyrighted Works, shall inure solely to the
applicable Pfizer Licensor’s and its applicable Affiliates’ benefit.
4.1.2. Assignment. In the event that any Company Licensee, or any of its
Affiliates or Sublicensees, has been assigned or otherwise obtains or has
ownership of any Licensed Marks or Licensed Copyrighted Works in contravention
of Section 4.1.1, the applicable Company Licensee hereby assigns, and shall
cause its Affiliates and Sublicensees (as applicable) to assign, to the
applicable Pfizer Licensor its entire right, title, and interest in, to, and
under such Licensed Marks or Licensed Copyrighted Works (as applicable) and
hereby waives, and shall cause its Affiliates and Sublicensees to waive, any
ownership interest in the foregoing if such assignment does not take effect
immediately for any reason. Each Company Licensee shall, and shall cause its
applicable Affiliates and Sublicensees to, execute any and all assignments and
other documents necessary to

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perfect or record the applicable Pfizer Licensor’s (or if specified by such
Pfizer Licensor, its Affiliate’s) right, title, and interest in, to, and under
such Licensed Marks or Licensed Copyrighted Works (as applicable) or to register
the applicable Pfizer Licensor (or if specified by such Pfizer Licensor, its
Affiliate) as the exclusive owner of any applicable registrable rights.
4.2. No Confusion or Registration. Without limiting Section 4.1, the Company
Licensees and their Affiliates shall not (a) seek to register anywhere in the
world (including the Territory) any Licensed Mark or Trademark that is
confusingly similar to any Licensed Mark, (b) use any Trademark confusingly
similar to, or a variation of, the Licensed Marks anywhere in the Territory,
(c) directly or indirectly challenge the ownership or other rights of any of the
Pfizer Licensors or their Affiliates in or to any Licensed Marks or the Licensed
Copyrighted Works or the validity or enforceability thereof or (d) contest that
the Company Licensees’ rights under this Agreement are those of a licensee to
use the Licensed Marks and the Licensed Copyrighted Works, as and to the extent
expressly set forth herein.
4.3. Recordings. If any Pfizer Licensor or Company Licensee (the “Requesting
Party”) deems recordation of this Agreement with any Governmental Authorities to
be necessary, such Pfizer Licensor or Company Licensee, as the case may be,
shall reasonably cooperate with such Requesting Party, at the Requesting Party’s
cost and expense, in connection therewith and in the renewal of any such
recordations. The Parties shall provide assistance and information to each other
as reasonably necessary to accomplish such recordation.
5. CONFIDENTIALITY
5.1     Definition. "Confidential Information" shall mean all trade secrets and
all other confidential or proprietary information (including any Licensed
Copyrighted Works that contain any trade secrets or other confidential or
proprietary information) furnished by or on behalf of one Party or any of its
Affiliates (including, with respect to Pfizer, the Pfizer Licensors and their
Affiliates and, with respect to the Company, the Company Licensees, their
Affiliates and Sublicensees) or its or their respective directors, officers,
employees, agents, accountants, counsel or other advisors or representatives
(each, a "Disclosing Party") to the other Party, any of its Affiliates
(including, for clarity, with respect to Pfizer, the Pfizer Licensors and their
Affiliates and, with respect to the Company, the Company Licensees, their
Affiliates and Sublicensees) or its or their respective directors, officers,
employees, agents, accountants, counsel or other advisors or representatives
(each, a "Receiving Party") in connection with this Agreement, whether disclosed
or provided prior to or after the Effective Date and whether provided orally,
visually, electronically, or in writing. Notwithstanding the foregoing,
Confidential Information, with respect to a Disclosing Party, shall not include:
5.1.1. information that is or becomes publicly known through no breach of this
Agreement by the Receiving Party or any of its Affiliates, its respective
directors, officers, employees, agents, accountants, counsel and other advisors
and representatives;
5.1.2. information that was independently developed following the Effective Date
by employees or agents of the Receiving Party or any of its Affiliates, its
respective directors, officers, employees, agents, accountants, counsel and
other advisors and representatives who have not accessed or otherwise received
the applicable Confidential Information from the Disclosing Party (before or
after the Effective Date); provided that such independent development can be
demonstrated by competent, contemporaneous written records of the Receiving
Party or any of its Affiliates; and
5.1.3. information that becomes available to the Receiving Party or its
Affiliates following the Effective Date on a non-confidential basis from a Third
Party who is not bound directly or indirectly by a duty of confidentiality to
the Disclosing Party; provided that, in each of the foregoing Sections 5.1.1
through 5.1.3, such information shall not be deemed to be within the foregoing
exceptions merely because such information is embraced by more general knowledge
that is publicly known or in the Receiving Party’s possession, and no
combination of features shall be deemed to be within the foregoing exceptions
merely because individual features are publicly known or in the Receiving
Party’s possession, unless the particular combination itself and its principle
of operations are in the public domain or in the Receiving Party’s possession
without the use of or access to Confidential Information.
5.2     General Obligations. The Receiving Party shall protect all Confidential
Information of the Disclosing Party against unauthorized uses and disclosures,
and disclose to Third Parties, using the same degree of care as the Receiving
Party uses with respect to its own similar information (which in no event shall
be less than a reasonable degree of care).
5.3    Disclosures to Sublicensees. Each Company Licensee shall be permitted to
disclose the Pfizer Licensor’s Confidential Information to Sublicensees (subject
to Section 2.3) to the extent reasonably necessary for such Company Licensee to
exercise any sublicense rights that it has been granted hereunder; provided that
such Sublicensees shall be subject to written obligations of confidentiality and
restrictions on permitted use at least equivalent in scope to those set forth in
this Article 5 and the Company Licensees shall be liable for any failure by any
such Sublicensees to comply with the terms hereof.

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5.4     Disclosure to Intellectual Property Offices, Regulatory Authorities. A
Receiving Party may disclose Confidential Information of the Disclosing Party
to, trademark and copyright authorities to obtain or maintain Intellectual
Property rights to the extent such Receiving Party is expressly permitted to
obtain or maintain such Intellectual Property rights under this Agreement;
provided that such disclosure may be made only to the extent reasonably
necessary to obtain or maintain such Intellectual Property rights and the
Receiving Party shall provide the Disclosing Party with written notice of such
disclosure.
5.5     Disclosures Required By Law. In the event that the Receiving Party or
any of its Affiliates either determines on the advice of its counsel that it is
required to disclose any Confidential Information of the Disclosing Party
pursuant to Applicable Law (including the rules and regulations of the
Securities and Exchange Commission or any national securities exchange) or
receives any request or demand under lawful process or from any Governmental
Authority to disclose or provide Confidential Information of the Disclosing
Party (or any of its Affiliates) that is subject to the confidentiality
obligations hereof, the Receiving Party shall notify the Disclosing Party prior
to disclosing or providing such Confidential Information and shall cooperate at
the expense of the Disclosing Party in seeking any reasonable protective
arrangements (including by seeking confidential treatment of such Confidential
Information) requested by the Disclosing Party. Subject to the foregoing, the
Person that received such a request or determined that it is required to
disclose Confidential Information of the Disclosing Party may thereafter
disclose or provide such Confidential Information to the extent required by such
Applicable Law (as so advised by counsel) or requested or required by such
Governmental Authority; provided, however, that such Person provides the
Disclosing Party, to the extent legally permissible, upon request with a copy of
the Confidential Information so disclosed.
5.6    Terms of the Agreement. The terms of this Agreement are deemed to be
Confidential Information of each Party and shall be subject to the
confidentiality obligations set forth in this Article 5; provided that each
Party shall be permitted to disclose the terms of this Agreement to the extent
reasonably necessary in connection with a potential or actual financing or
assignment or sale of the business or assets related to this Agreement to the
extent permitted hereunder; provided further that such Persons shall be subject
to obligations of confidentiality and non-use (whether in writing or by
operation of law) with respect thereto and the Party disclosing such
Confidential Information shall be liable for any failure by any such Persons to
comply with the confidentiality provisions hereof.
6. REPRESENTATIONS AND WARRANTIES; COVENANTS
6.1.     Representations and Warranties. Except as otherwise set forth on
Schedule 6.1, Pfizer (on behalf of itself and the Pfizer Licensors) and the
Company (on behalf of itself and the Company Licensees) makes the
representations and warranties set forth in this Section 6.1 to the other Party
as of the Effective Date.
6.1.1. It is duly organized, validly existing, and in good standing under the
laws of its jurisdiction of formation. It has full corporate power and authority
to execute, deliver, and perform under this Agreement.
6.1.2. This Agreement constitutes a valid and binding agreement enforceable
against it in accordance with its terms (except as the enforceability thereof
may be limited by Applicable Laws).
6.1.3. All consents, approvals, and authorizations from all Governmental
Authorities required to be obtained by such Party in connection with the
execution and delivery of this Agreement have been obtained.
6.2.     Disclaimer of Representations and Warranties. EXCEPT AS EXPRESSLY
STATED IN THIS ARTICLE 6, NO PARTY MAKES ANY REPRESENTATIONS OR EXTENDS ANY
WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE, INCLUDING
WARRANTIES OF TITLE, NON-INFRINGEMENT, VALIDITY, ENFORCEABILITY, ABSENCE OR
SCOPE OF ANY ENCUMBRANCES, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE
AND ALL SUCH REPRESENTATIONS AND WARRANTIES ARE HEREBY EXPRESSLY DISCLAIMED. ALL
INFORMATION PROVIDED BY PFIZER OR ITS AFFILIATES (INCLUDING THE PFIZER LICENSORS
AND THEIR AFFILIATES) IS MADE AVAILABLE ON AN "AS IS" BASIS WITHOUT WARRANTY
WITH RESPECT TO COMPLETENESS, COMPLIANCE WITH REGULATORY STANDARDS, REGULATIONS,
OR ANY OTHER APPLICABLE LAW, OR FITNESS FOR A PARTICULAR PURPOSE OR ANY OTHER
KIND OF WARRANTY WHETHER EXPRESS OR IMPLIED.
6.3.     Compliance with Laws. Each Party shall comply, and shall cause its
Affiliates (including, with respect to the Company, the Company Licensees and
their Affiliates and, with respect to Pfizer, the Pfizer Licensors and their
Affiliates) and with respect to the Company, all Sublicensees to comply, with
all Applicable Laws in performing its and their obligations and exercising its
and their rights pursuant to this Agreement.

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7. INDEMNIFICATION
7.1.     Indemnification by the Company. Except as provided in Section 7.3, the
Company shall indemnify, defend and hold harmless each of Pfizer, its Affiliates
and its and their respective directors, officers, employees and agents, and each
of the heirs, executors, successors and assigns of any of the foregoing
(collectively, the "Indemnitees") from and against any and all Losses of the
Pfizer Indemnitees relating to, arising out of or resulting from any of the
following items (without duplication and including any such Losses arising by
way of setoff, counterclaim or defense or enforcement of any Lien): (a) the use
of any Licensed Marks or any Licensed Copyrighted Works by or on behalf of any
Company Licensee or any of its Affiliates or Sublicensees following the
Effective Date, (b) the fraud, gross negligence, or willful misconduct of any
Company Licensee, its Affiliates or Sublicensees following the Effective Date,
or (c) breach by any Company Licensee, its Affiliates or any of its Sublicensees
(as applicable) of any provision of this Agreement following the Effective Date,
except to the extent any of the foregoing (a) through (c) was caused by any of
the Pfizer Indemnitees' fraud, gross negligence, or willful misconduct following
the Effective Date or any Action for which Pfizer has an obligation to indemnify
the Company Indemnitees pursuant to Section 7.2.
7.2.     Indemnification by Pfizer. Except as provided in Section 7.3, Pfizer
shall indemnify, defend and hold harmless the Company Indemnitees from and
against any and all Losses of the Company Indemnitees relating to, arising out
of or resulting from any of the following (without duplication and including any
Losses arising by way of setoff, counterclaim or defense or enforcement of any
Lien): (a) use of any Licensed Marks or any Licensed Copyrighted Works by or on
behalf of any Pfizer Licensor or any of its Affiliates following the Effective
Date, (b) the fraud, gross negligence, or willful misconduct of any Pfizer
Licensor or any of its Affiliates following the Effective Date or (c) breach by
any Pfizer Licensor of any provision of this Agreement following the Effective
Date, except to the extent and of the foregoing (a) through (c) was caused by
any of the Company Indemnitees' fraud, gross negligence, or willful misconduct
following the Effective Date or any Action for which Company has an obligation
to indemnify Pfizer Indemnitees pursuant to Section 7.1.
7.3.     Indemnification Obligations Net of Insurance Proceeds and Other
Amounts.
7.3.1. The Parties intend that any Loss subject to indemnification or
reimbursement pursuant to this Article 7 will be net of Insurance Proceeds that
actually reduce the amount of the Loss. Accordingly, the amount which any Party
(an “Indemnifying Party”) is required to pay to any Indemnitee will be reduced
by any Insurance Proceeds theretofore actually recovered by or on behalf of the
Indemnitee in respect of the related Loss. If an Indemnitee receives a payment
(an “Indemnity Payment”) required by this Agreement from an Indemnifying Party
in respect of any Loss and subsequently receives Insurance Proceeds, then the
Indemnitee will pay to the Indemnifying Party an amount equal to the excess of
the Indemnity Payment received over the amount of the Indemnity Payment that
would have been due if the Insurance Proceeds had been received, realized or
recovered before the Indemnity Payment was made.
7.3.2. An insurer who would otherwise be obligated to pay any claim shall not be
relieved of the responsibility with respect thereto or, solely by virtue of the
indemnification provisions hereof, have any subrogation rights with respect
thereto, it being expressly understood and agreed that no insurer or any other
Third Party shall be entitled to a "wind-fall" (i.e., a benefit such insurer or
other Third Party would not be entitled to receive in the absence of the
indemnification provisions) by virtue of the indemnification provisions hereof.
Nothing contained in this Agreement shall obligate any Person in any Group to
seek to collect or recover any Insurance Proceeds.
7.3.3. Any Indemnity Payment made by the Company shall be increased as necessary
so that after making all payments in respect to Taxes imposed on or attributable
to such Indemnity Payment, each Pfizer Indemnitee receives an amount equal to
the sum it would have received had no such Taxes been imposed. Any Indemnity
Payment made by Pfizer shall be increased as necessary so that after making all
payments in respect to Taxes imposed on or attributable to such Indemnity
Payment, each Company Indemnitee receives an amount equal to the sum it would
have received had no such Taxes been imposed.
7.4.     Procedures for Indemnification of Third Party Claims.
7.4.1. If an Indemnitee shall receive notice or otherwise learn of the assertion
by a Third Party (including any Governmental Authority) of any claim or of the
commencement by any such Third Party of any Action with respect to which an
Indemnifying Party may be obligated to provide indemnification to such
Indemnitee pursuant to Sections 7.1 or 7.2, or any other Section of this
Agreement (collectively, a “Third Party Claim”), such Indemnitee shall give such
Indemnifying Party written notice thereof as promptly as practicable (and in any
event within forty-five (45) days) after becoming aware of such Third Party
Claim. Any such notice shall describe the Third Party Claim in reasonable
detail. Notwithstanding the foregoing, the failure of any Indemnitee or other
Person to give notice as provided in this Section 7.4 shall not relieve the
related

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Indemnifying Party of its obligations under this Article 7, except to the
extent, and only to the extent, that such Indemnifying Party is materially
prejudiced by such failure to give notice.
7.4.2. An Indemnifying Party may elect (but shall not be required) to defend, at
such Indemnifying Party’s own expense and by such Indemnifying Party’s own
counsel (which counsel shall be reasonably satisfactory to the Indemnitee), any
Third Party Claim; provided that the Indemnifying Party shall not be entitled to
defend and shall pay the reasonable fees and expenses of one separate counsel
for all Indemnitees if the claim for indemnification relates to or arises in
connection with any criminal action, indictment or allegation. Within forty-five
(45) days after the receipt of notice from an Indemnitee in accordance with
Section 7.4.1 (or sooner, if the nature of such Third Party Claim so requires),
the Indemnifying Party shall notify the Indemnitee of its election whether the
Indemnifying Party will assume responsibility for defending such Third Party
Claim, which election shall specify any reservations or exceptions to its
defense. After notice from an Indemnifying Party to an Indemnitee of its
election to assume the defense of a Third Party Claim, such Indemnitee shall
have the right to employ separate counsel and to participate in (but not
control) the defense, compromise, or settlement thereof, but the fees and
expenses of such counsel shall be the expense of such Indemnitee; provided,
however, in the event that (a) the Indemnifying Party has elected to assume the
defense of the Third Party Claim but has specified, and continues to assert, any
reservations or exceptions in such notice or (b) the Third Party Claim involves
injunctive or equitable relief, then, in any such case, the reasonable fees and
expenses of one separate counsel for all Indemnitees shall be borne by the
Indemnifying Party.
7.4.3. If an Indemnifying Party elects not to assume responsibility for
defending a Third Party Claim, or fails to notify an Indemnitee of its election
as provided in Section 7.4.2, such Indemnitee may defend such Third Party Claim
at the cost and expense of the Indemnifying Party. Any legal fees and expenses
incurred by the Indemnitee in connection with defending such claim shall be paid
by the Indemnifying Party at the then applicable regular rates charged by
counsel, without regard to any flat fee or special fee arrangement otherwise in
effect between such counsel and the Indemnitee.
7.4.4. Unless the Indemnifying Party has failed to assume the defense of the
Third Party Claim in accordance with the terms of this Agreement, no Indemnitee
may settle or compromise any Third Party Claim without the consent of the
Indemnifying Party. If an Indemnifying Party has failed to assume the defense of
the Third Party Claim within the time period specified in Section 7.4.2 above,
it shall not be a defense to any obligation to pay any amount in respect of such
Third Party Claim that the Indemnifying Party was not consulted in the defense
thereof, that such Indemnifying Party’s views or opinions as to the conduct of
such defense were not accepted or adopted, that such Indemnifying Party does not
approve of the quality or manner of the defense thereof or that such Third Party
Claim was incurred by reason of a settlement rather than by a judgment or other
determination of liability.
7.4.5. In the case of a Third Party Claim, no Indemnifying Party shall consent
to entry of any judgment or enter into any settlement of the Third Party Claim
without the consent of the Indemnitee if the effect thereof is (a) to permit any
injunction, declaratory judgment, other order or other non-monetary relief to be
entered, directly or indirectly, against any Indemnitee or (b) to ascribe any
fault on any Indemnitee in connection with such defense.
7.4.6. Notwithstanding the foregoing, the Indemnifying Party shall not, without
the prior written consent of the Indemnitee, settle or compromise any Third
Party Claim or consent to the entry of any judgment which does not include as an
unconditional term thereof the delivery by the claimant or plaintiff to the
Indemnitee of a written release from all Liability in respect of such Third
Party Claim.
7.5.     Additional Matters.
7.5.1. Any claim on account of a Loss which does not result from a Third Party
Claim shall be asserted by written notice given by the Indemnitee to the related
Indemnifying Party. Such Indemnifying Party shall have a period of thirty
(30) days after the receipt of such notice within which to respond thereto. If
such Indemnifying Party does not respond within such thirty (30) day period,
such Indemnifying Party shall be deemed to have refused to accept responsibility
to make payment. If such Indemnifying Party does not respond within such thirty
(30) day period or rejects such claim in whole or in part, such Indemnitee shall
be free to pursue such remedies as may be available to such Indemnitee as
contemplated by this Agreement.
7.5.2. In the event of payment by or on behalf of any Indemnifying Party to any
Indemnitee in connection with any Third Party Claim, such Indemnifying Party
shall be subrogated to and shall stand in the place of such Indemnitee as to any
events or circumstances in respect of which such Indemnitee may have any right,
defense or claim relating to such Third Party Claim against any claimant or
plaintiff asserting such Third Party Claim or against any other Person. Such
Indemnitee shall cooperate with such Indemnifying Party in a reasonable manner,
and at the cost and expense of such Indemnifying Party, in prosecuting any
subrogated right, defense or claim.
7.5.3. In the event of an Action in which the Indemnifying Party is not a named
defendant, if either the Indemnitee or Indemnifying Party shall so request, the
Parties shall endeavor to substitute the Indemnifying Party for the

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named defendant or otherwise hold the Indemnifying Party as party thereto, if at
all practicable. If such substitution or addition cannot be achieved for any
reason or is not requested, the named defendant shall allow the Indemnifying
Party to manage the Action as set forth in this Section, and the Indemnifying
Party shall fully indemnify the named defendant against all costs of defending
the Action (including court costs, sanctions imposed by a court, attorneys’
fees, experts’ fees and all other external expenses), the costs of any judgment
or settlement, and the cost of any interest or penalties relating to any
judgment or settlement with respect to such Third Party Claim.
7.6.     Remedies Cumulative. The remedies provided in this Article 7 shall be
cumulative and, subject to the provisions of Section 11.2, shall not preclude
assertion by any Indemnitee of any other rights or the seeking of any and all
other remedies against any Indemnifying Party
7.7.     Survival of Indemnities. The indemnity contained in this Article 7
shall remain operative and in full force and effect, regardless of (a) any
investigation made by or on behalf of any Indemnitee; and (b) the knowledge by
the Indemnitee of Liabilities for which it might be entitled to indemnification
or contribution hereunder. The rights and obligations of each Party and their
respective Indemnitees under this Article 7 shall survive the termination of any
license granted hereunder.
7.8.     Intellectual Property. Notwithstanding the foregoing Sections 7.1
through 7.7, in the event and to the extent that any Third Party Claim relates
to or may affect or otherwise impair either Party’s or a Third Party’s ownership
of or rights in or the validity or enforceability of or rights to use
Intellectual Property hereunder, the prosecution and defense of such aspects of
such Third Party Claim shall be governed by Article 4 and Article 9 to the
extent that such Article addresses such prosecution or defense.
8. LIMITATIONS ON LIABILITY
8.1.     Consequential Damages Waiver. NOTWITHSTANDING ANY OTHER PROVISION OF
THIS AGREEMENT TO THE CONTRARY, IN NO EVENT WILL EITHER PARTY OR ANY OF ITS
AFFILIATES (INCLUDING WITH RESPECT TO PFIZER, ANY PFIZER LICENSORS OR ANY OF
THEIR AFFILIATES AND WITH RESPECT TO THE COMPANY, ANY COMPANY LICENSEES OR ANY
OF THEIR AFFILIATES) BE LIABLE FOR ANY SPECIAL, INCIDENTAL, INDIRECT,
COLLATERAL, CONSEQUENTIAL OR PUNITIVE DAMAGES OR LOST PROFITS SUFFERED BY AN
INDEMNITEE, HOWEVER CAUSED AND ON ANY THEORY OF LIABILITY, IN CONNECTION WITH
ANY DAMAGES ARISING HEREUNDER; PROVIDED, HOWEVER, THAT TO THE EXTENT AN
INDEMNITEE IS REQUIRED TO PAY ANY SPECIAL, INCIDENTAL, INDIRECT, COLLATERAL,
CONSEQUENTIAL, OR PUNITIVE DAMAGES OR LOST PROFITS TO A PERSON WHO IS NOT THE
OTHER PARTY OR AN AFFILIATE OF THE OTHER PARTY IN CONNECTION WITH A THIRD PARTY
CLAIM, SUCH DAMAGES WILL CONSTITUTE DIRECT DAMAGES AND NOT BE SUBJECT TO THE
LIMITATION SET FORTH IN THIS ARTICLE 8.
9. PROSECUTION, MAINTENANCE AND ENFORCEMENT
9.1.     Prosecution and Maintenance.
9.1.1. General. As between the Parties, the Pfizer Licensors shall have the sole
right and authority (but not the obligation) to prepare, file, prosecute, and
maintain (such activities, the “Prosecution Activities”) registrations for the
Licensed Marks and the Licensed Copyrighted Works in any country or regulatory
jurisdiction in the Territory.
9.1.2. Costs and Expenses. At the applicable Pfizer Licensor’s request, the
applicable Company Licensee shall be responsible for all costs and expenses
incurred by or on behalf of any of the Pfizer Licensors or their Affiliates in
connection with the Prosecution Activities for the Licensed Marks and the
Licensed Copyrighted Works in the Territory.
9.1.3. Cooperation in Prosecution Activities. Upon a Pfizer Licensor's request,
the applicable Company Licensee shall provide such Pfizer Licensor with
reasonable assistance and cooperation with respect to the Prosecution Activities
for the Licensed Marks and the Licensed Copyrighted Works, including providing
any necessary powers of attorney, filings and any other assignment documents or
instruments for such prosecution.
9.2.     Enforcement.
9.2.1. Notice. Each Company Licensee shall promptly notify the applicable Pfizer
Licensor in writing upon learning of (a) any conflicting uses of, or any
applications of or registrations for, any Licensed Mark or any Trademark that is
confusingly similar thereto, or Licensed Copyrighted Works or (b) any acts of
infringement, unfair competition, unauthorized use or dilution involving any
Licensed Mark or Licensed Copyrighted Work (each of (a) and (b), a “Third Party
Infringement”).
9.2.1. Pfizer Enforcement Rights. As between the Parties, the applicable Pfizer
Licensor will have the first right and authority (but not the obligation) to
control enforcement of the applicable Licensed Mark or Licensed Copyrighted

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Work against any Third Party Infringement, including the right to initiate any
opposition, cancellation or infringement proceedings to enforce such Licensed
Mark or Licensed Copyrighted Work (as applicable). Prior to commencing any suit
or other Action in the Company Field in connection therewith, such Pfizer
Licensor shall consult with the applicable Company Licensee (unless the delay
associated with doing so would result in the loss of rights) and consider such
Company Licensee's recommendations regarding such Action.
9.2.3 Licensee Right of Enforcement of the Licensed Marks. If the applicable
Pfizer Licensor fails to bring a suit or other action in response to, or respond
to a suit or other action in connection with, a Third Party Infringement with
respect to a Licensed Mark within the earlier of (a) ninety (90) days of the
notice described in Section 9.2.1 or (b) thirty (30) days before the expiration
date for bringing such suit, opposition, or other action or responding thereto,
the applicable Company Licensee shall have the right, in its sole discretion,
and authority (but not the obligation) to control enforcement of the applicable
Licensed Mark at its sole expense if the applicable Third Party Infringement is
in or directly affects the Company Field. Prior to commencing any Action in
connection therewith, such Company Licensee shall consult with such Pfizer
Licensor and consider such Pfizer Licensor’s recommendations regarding such
Action. Notwithstanding anything to the contrary in this Section 9.2.3, the
Company Licensees shall not have the rights to enforce (x) the Licensed
Copyrighted Works in any instance or (y) the Licensed Marks in connection with a
Third Party Infringement upon written notice from any of the Pfizer Licensors
if, exercising good faith, such Pfizer Licensor or any of its Affiliates
concludes in its sole discretion that such Licensed Marks should not be enforced
against such Third Party Infringement.
9.2.4. Settlement. The Pfizer Licensor or Company Licensee controlling
enforcement of a Third Party Infringement Action (the "Controlling Party")
involving a Licensed Mark may not settle, or stipulate to any facts, or make any
admission with respect to, such Third Party Infringement Action without the
other Party's prior written consent; provided that, if a Pfizer Licensor is the
Controlling Party, such Pfizer Licensor shall not be required to obtain any
Company Licensee's consent to the extent that the settlement does not impose
liability on any Company Licensee or any of its Affiliates.
9.2.5. Assistance. At the request of the Controlling Party, the other Party (the
"Non-Controlling Party") shall provide reasonable assistance to the Controlling
Party with respect to its enforcement of the Licensed Marks and the Licensed
Copyrighted Work against any Third Party Infringement, including by joining any
related Action and executing all papers and performing such other acts as may be
reasonably required to permit the Controlling Party to commence or prosecute
such Action. The Controlling Party shall reimburse the Non-Controlling Party's
reasonable out-of-pocket costs and expenses actually incurred in connection
therewith, if so requested. The Non-Controlling Party shall have the right to be
represented in any such Action in which it is a party by independent counsel
(which shall act in an advisory capacity only, except for matters solely
directed to such Non-Controlling Party) of its own choice and at its own
expense.
9.2.6.    Recoveries.
(a)Licensed Marks. Any recoveries resulting from an Action relating to a claim
of Third Party Infringement shall first be applied against payment of each
Party’s and its Affiliates’ reasonable out-of-pocket costs and expenses actually
incurred in connection therewith, with any remaining amounts distributed to
(a) the Company or its designated Affiliate to the extent that such recovery
concerned a Third Party Infringement with respect to the Company Field and
(b) Pfizer or its designated Affiliate to the extent that such recovery
concerned a Third Party Infringement with respect to outside the Company Field.
(b)Licensed Copyrighted Work. Any recoveries resulting from an action relating
to a claim of Third Party Infringement of a Licensed Copyrighted Work shall
first be applied against payment of each Party’s reasonable out-of-pocket costs
and expenses incurred in connection therewith, with any remaining amounts
retained by the Pfizer or its designated Affiliates.
9.3.     Liability. Neither Party, nor its Affiliates (including, with respect
to Pfizer, the Pfizer Licensors and, with respect to the Company, the Company
Licensees), nor its or their employees, agents, or representatives, shall be
liable to the other Party or any of its Affiliates in respect of any good faith
act, omission, default, or neglect of such Party, any of its Affiliates, or its
or their employees, agents, or representatives in connection with the
Prosecution Activities or Actions with respect to Third Party Infringements that
it performs hereunder and that has not resulted from its or its Affiliates' or
its or their directors', employees', officers', shareholders', agents',
successors', or assigns' bad faith and each Party, on behalf of itself, its
Affiliates, and its and their respective directors, employees, officers,
shareholders, agents, successors, and assigns, hereby waives any and all Actions
that they may have against the other Party, any of its Affiliates or its or
their employees, agents, or representatives that may arise or result from such
other Party's or its Affiliates', performance of the Prosecution Activities and
Actions with respect to Third Party Infringements

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10. TERM; TERMINATION
10.1.     Term. Unless earlier terminated in accordance with the terms hereof,
this Agreement shall expire on a Licensed Mark-by-Licensed Mark basis and
Licensed Copyrighted Work-by-Licensed Copyrighted Work basis upon the applicable
Pfizer Licensor's receipt of written notice from the applicable Company Licensee
or any of its Affiliates specifying that such Company Licensee and its
Sublicensees (as applicable) have ceased bona fide commercial use of such
Licensed Mark (which notice such Company Licensee shall send promptly following
such cessation).
10.2.     Termination. This Agreement shall immediately terminate with respect
to a Licensed Mark or Licensed Copyrighted Work, if the applicable Company
Licensee ceases to be an Affiliate of the Company.
10.3     Effect of Expiration and Termination.
10.3.1. Licenses and Sublicenses. Upon expiration or termination of this
Agreement, in part or in whole, in accordance with Section 10.2, all licenses
and other rights granted by the Pfizer Licensors to the Company Licensees and
sublicenses and other rights granted by the Company Licensees to Sublicensees
pursuant to Section 2.2 with respect to the applicable Licensed Marks and
Licensed Copyrighted Works shall terminate except as otherwise set forth in
Section 10.3.3(b).
10.3.2. Payment. Within thirty (30) days of expiration or termination of this
Agreement, in part or in whole (or such later date with respect to those costs
that are incurred but cannot be reported as of such date), the Company shall pay
Pfizer all amounts that the Company and the other Company Licensees owe to
Pfizer and the other Pfizer Licensors hereunder as of the effective date of such
expiration or termination.
(a)Except as set forth in Section 10.3.3(b), upon the expiration or termination
of this Agreement, in part or in whole, the applicable Company Licensees shall,
and shall cause their Sublicensees to, subject to Applicable Law, promptly: (i)
cease any and all use of the applicable Licensed Marks and Licensed Copyrighted
Works, (ii) destroy and give notice to all agents and employees to destroy all
Materials bearing the applicable Licensed Marks and the Licensed Copyrighted
Works, (iii) cease indicating that the applicable Company Licensees and their
Sublicensees are licensees of the applicable Pfizer Licensors with respect to
the applicable Licensed Marks, and the Licensed Copyrighted Works, and (iv)
refrain from using or displaying any Materials or performing any other act that
would cause anyone to infer or believe that such Company Licensees, any of their
Affiliates, or their Sublicensees are the owner of, or a licensee of such Pfizer
Licensors or any of their Affiliates with respect to, the applicable Licensed
Marks or Licensed Copyrighted Works. Each such Company Licensee shall promptly
provide the applicable Pfizer Licensors with a written statement verifying that
all Materials bearing the applicable Licensed Marks and the Licensed Copyrighted
Works have been destroyed or exhausted and shall send such Pfizer Licensors
representative samples of Materials that do not include such Licensed Marks.
(b)    Notwithstanding anything to the contrary in Section 10.3.3(a), in the
event of a termination in accordance with Section 10.2 or an assignment by the
Company in accordance with Section 11.1, the applicable Company Licensees and
their Sublicensees shall, as soon as practicable, but in no event later than one
hundred twenty (120) days following the date of such termination or assignment
(as applicable), comply with Section 10.3.3(a). Any use by the Company Licensee
or its Sublicensees of any of the Licensed Marks as permitted in this Section is
subject to their use of the Licensed Marks in the same form and manner, and with
standards of quality, of that in effect for the Licensed Marks as of the date of
such termination or assignment (as applicable) and without limitation to any
other remedies, Pfizer shall have the right to terminate such rights, effective
immediately if the applicable Company Licensees or their Sublicensees fail to
comply with the foregoing terms and conditions or otherwise fail to comply with
any reasonable direction of Pfizer or any of its Affiliates in relation to the
use of the Licensed Marks.
10.3.4. Recordation of this Agreement. Upon expiration or termination of this
Agreement, in part or in whole, the applicable Pfizer Licensors and Company
Licensees shall, and shall cause their applicable Affiliates to, cooperate to
effect cancellation or termination of any recordation of this Agreement with the
applicable Governmental Authorities with respect to the applicable Licensed
Marks and Licensed Copyrighted Works and each Pfizer Licensor and Company
Licensee (on behalf of itself and its applicable Affiliates) hereby grants to
the applicable the Company Licensee and Pfizer Licensor, respectively, an
irrevocable power of attorney coupled with an interest to effect such
cancellation within twenty (20) days after such expiration or termination (as
applicable).

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10.3.5. Other Rights and Remedies. Expiration and termination of this Agreement,
in part or in its entirety, shall be without prejudice to any rights which shall
have accrued to the benefit of either Party prior to such expiration and
termination (as applicable).
10.4. Survival. Without limiting any other provisions in this Article 10, the
following Sections and Articles (along with the provisions herein that expressly
specify survival terms or that would, by their nature, survive termination)
shall survive expiration or termination of this Agreement for any reason: 2.5,
2.6, 4.1, 4.2, 5 (until the tenth (10th) anniversary of the Effective Date),
6.2, 7, 8, 9.3, 10.3, 10.4 and 11.
11. MISCELLANEOUS
11.1.     Assignability. The Company may not assign (including in a bankruptcy
or similar proceeding) or assume in a bankruptcy or similar proceeding this
Agreement or any rights, benefits, or obligations under or relating to this
Agreement, in each case whether by operation of law or otherwise, without
Pfizer’s prior written consent (which shall not be unreasonably withheld);
provided that the Company may assign its rights and obligations under this
Agreement or any part hereof to one or more of its Affiliates, or to a successor
to all or substantially all of its business and assets to which this Agreement
(or part thereof that is assigned) relates, without Pfizer’s consent. For
clarity, Pfizer shall have the right to assign (including in a bankruptcy or
similar proceeding) or assume in a bankruptcy or similar proceeding this
Agreement or any rights, benefits, or obligations under or relating to this
Agreement, in each case whether by operation of law or otherwise, without the
Company’s prior written consent. In the event of a permitted assignment
hereunder, this Agreement will be binding upon the Parties and their respective
permitted successors and permitted assigns. Any attempted assignment that
contravenes the terms of this Agreement shall be void ab initio and of no force
or effect.
11.2.     Governing Law; Dispute Resolution. This Agreement shall be governed by
and construed and interpreted in accordance with the laws of the State of New
York, without regard to the conflict of laws principles thereof that would
result in the application of any law other than the laws of the State of New
York, and, to the extent applicable to Intellectual Property, the applicable
federal laws of the United States of America (without regard to conflict of laws
principles). The procedures for discussion, negotiation and mediation set forth
in Article VIII of the Global Separation Agreement shall apply to all disputes,
controversies or claims (whether arising in contract, tort or otherwise) that
may arise out of or relate to, or arise under or in connection with this
Agreement.
11.3.     Specific Performance. In the event of any actual or threatened default
in, or breach of, any of the terms, conditions and provisions of this Agreement,
the Party or Parties who are or are to be thereby aggrieved shall have the right
to seek specific performance and injunctive or other equitable relief of its
rights under this Agreement, in addition to any and all other rights and
remedies at law or in equity, and all such rights and remedies shall be
cumulative.
11.4.     Force Majeure. No Party shall be deemed in default of this Agreement
to the extent that any delay or failure in the performance of its obligations
under this Agreement results from any cause beyond its reasonable control and
without its fault or negligence, such as acts of God, acts of civil or military
authority, embargoes, epidemics, war, riots, insurrections, fires, explosions,
earthquakes, floods, unusually severe weather conditions, labor problems or
unavailability of parts, or, in the case of computer systems, any failure in
electrical or air conditioning equipment. In the event of any such excused
delay, the time for performance shall be extended for a period equal to the time
lost by reason of the delay.
11.5.     Advisors. It is acknowledged and agreed by each of the Parties that
Pfizer, on behalf of itself and the other members of the Pfizer Group, has
retained each of the Persons identified on Schedule 11.11 to the Global
Separation Agreement to act as counsel in connection with this Agreement, the
Global Separation Agreement, the Ancillary Agreements, the Contribution and the
other transactions contemplated hereby and thereby and that the Persons listed
on Schedule 11.11 to the Global Separation Agreement have not acted as counsel
for the Company or any other member of the Company Group in connection with this
Agreement, the Global Separation Agreement, the Ancillary Agreements, the
Contribution and the other transactions contemplated hereby and thereby and that
none of the Company or any member of the Company Group has the status of a
client of the Persons listed on Schedule 11.11 to the Global Separation
Agreement for conflict of interest or any other purposes as a result thereof.
The Company hereby agrees, on behalf of itself and each other member of the
Company Group that, in the event that a dispute arises after the Effective Date
in connection with this Agreement, the Global Separation Agreement, the
Ancillary Agreements, the Contribution and the other transactions contemplated
hereby and thereby between Pfizer and the Company or any of the members of their
respective Groups, each of the Persons listed on Schedule 11.11 to the Global
Separation Agreement may represent any or all of the members of the Pfizer Group
in such dispute even though the interests of the Pfizer Group may be directly
adverse to those of the Company Group. The Company further agrees, on behalf of
itself and each other member of the Company Group that, with respect to this
Agreement, the Global Separation Agreement, the other Ancillary Agreements, the
Contribution and the other transactions contemplated hereby and thereby, the
attorney-client privilege and the expectation of client confidence belongs to
Pfizer or the applicable member of the Pfizer Group and may be controlled by
Pfizer or such member of the Pfizer Group and shall not pass to or be claimed by
the Company or any

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member of the Company Group. Furthermore, the Company acknowledges and agrees
that Skadden, Arps, Slate, Meagher & Flom, LLP is representing Pfizer, and not
the Company, in connection with the Transactions.
11.6.     Notices. All notices or other communications under this Agreement
shall be in writing and shall be deemed to be duly given when (a) delivered in
person or (b) deposited in the United States mail or private express mail,
postage prepaid, addressed as follows:
If to a Pfizer Licensee, to:
Pfizer Inc.
235 East 42nd Street
New York, NY 10017
Attention: General Counsel
with a copy to:
Pfizer Inc.
235 East 42nd Street
New York, NY 10017
Attention: Bryan A. Supran and Andrew J. Muratore
If to a Company Licensor, to:
Zoetis Inc.
5 Giralda Farms
Madison, NJ 07940
Attention: General Counsel
with a copy to:
Zoetis Inc.
5 Giralda Farms
Madison, NJ 07940
Attention: Katherine H. Walden
Any Party may, by notice to the other Party, change the address to which such
notices are to be given.
11.7.     Waivers of Default. Waiver by any Party of any default by the other
Party of any provision of this Agreement shall not be deemed a waiver by the
waiving Party of any subsequent or other default, nor shall it prejudice the
rights of the other Party.
11.8.     Amendments. No provisions of this Agreement shall be deemed waived,
amended, supplemented, or modified by any Party, unless such waiver, amendment,
supplement or modification is in writing and signed by the authorized
representative of the Party against whom it is sought to enforce such waiver,
amendment, supplement or modification.
11.9.     Severability. If any provision of this Agreement or the application
thereof to any Person or circumstance is determined by a court of competent
jurisdiction to be invalid, void, or unenforceable, the remaining provisions
hereof or the application of such provision to Persons or circumstances or in
jurisdictions other than those as to which it has been held invalid or
unenforceable, shall remain in full force and effect and shall in no way be
affected, impaired, or invalidated thereby, so long as the economic or legal
substance of the transactions contemplated hereby is not affected in any manner
adverse to any Party. Upon such determination, the Parties shall negotiate in
good faith in an effort to agree upon such a suitable and equitable provision to
effect the original intent of the Parties.
11.10.     Further Assurances. The Company and Pfizer hereby covenant and agree,
without the necessity of any further consideration, to execute, acknowledge, and
deliver any and all such other documents and take any such other action as may
be reasonably necessary or appropriate to implement this Agreement and carry out
the intent and purposes of this Agreement.
11.11.     Third Party Beneficiaries. Except for the indemnification rights
under this Agreement of any Pfizer Indemnitee or Company Indemnitee in their
respective capacities as such and the express rights of the Pfizer Licensors and

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Company Licensees set forth herein, (a) the provisions of this Agreement are
solely for the benefit of the Parties and are not intended to confer upon any
Person (including employees of the Parties) except the Parties any rights or
remedies hereunder, and (b) there are no third party beneficiaries of this
Agreement and this Agreement shall not provide any third person (including
employees of the Parties) with any remedy, claim, liability, reimbursement,
claim of action, or other right in excess of those existing without reference to
this Agreement.
11.12.     Relationship of the Parties. Nothing contained in this Agreement
shall be deemed to constitute a partnership, joint venture, or legal entity of
any type between Pfizer and the Company, or to constitute one Party as the agent
of the other. Moreover, each Party agrees not to construe this Agreement, or any
of the transactions contemplated hereby, as a partnership for any tax purposes.
Each Party shall act solely as an independent contractor, and nothing in this
Agreement shall be construed to give any Party the power or authority to act
for, bind, or commit the other Party.
11.13.     No Construction Against Drafter. The Parties acknowledge that this
Agreement and all the terms and conditions contained herein have been fully
reviewed and negotiated by the Parties. Having acknowledged the foregoing, the
Parties agree that any principle of construction or rule of law that provides
that, in the event of any inconsistency or ambiguity, an agreement shall be
construed against the drafter of the agreement shall have no application to the
terms and conditions of this Agreement.
11.14.     Headings. The article, section, and paragraph headings contained in
this Agreement are for reference purposes only and shall not affect in any way
the meaning or interpretation of this Agreement.
11.15.     Interpretation. Words in the singular shall be held to include the
plural and vice versa and words of one gender shall be held to include the other
genders as the context requires. The terms “hereof”, “herein” and “herewith” and
words of similar import shall, unless otherwise stated, be construed to refer to
this Agreement as a whole (including all of the schedules, exhibits and
appendices hereto) and not to any particular provision of this Agreement.
Article, Section, Exhibit, Schedule and Appendix references are to the Articles,
Sections, Exhibits, Schedules and Appendices to this Agreement unless otherwise
specified. The word “including” and words of similar import when used in this
Agreement shall mean “including, without limitation”, unless the context
otherwise requires or unless otherwise specified.
11.16.     Counterparts; Entire Agreement; Conflicting Agreements.
11.16.1. This Agreement may be executed in one or more counterparts, all of
which shall be considered one and the same agreement, and shall become effective
when one or more counterparts have been signed by each of the Parties and
delivered to the other Party. Execution of this Agreement or any other documents
pursuant to this Agreement by facsimile or other electronic copy of a signature
shall be deemed to be, and shall have the same effect as, executed by an
original signature.
11.16.2. This Agreement, the Global Separation Agreement, the Ancillary
Agreements, the exhibits, the schedules, and appendices hereto and thereto
contain the entire agreement between the Parties with respect to the subject
matter hereof, supersede all previous agreements, negotiations, discussions,
writings, understandings, commitments and conversations with respect to such
subject matter and there are no agreements or understandings between the Parties
with respect to such subject matter other than those set forth or referred to
herein or therein.
11.16.3. If, a Pfizer Licensor and the applicable Company Licensee are parties
to a Local Separation Agreement entered into prior to the Effective Date, any
license of Licensed Marks or Licensed Copyrighted Works pursuant to this
Agreement shall be treated as occurring pursuant to such Local Separation
Agreement on the effective date of such Local Separation Agreement.
11.16.4. Each Party hereby acknowledges on behalf of its Affiliates that this
Agreement supersedes any agreement entered into by the Parties prior to the
Effective Date with respect to licensing of the Licensed Marks or the Licensed
Copyrighted Works to the Company or any other member of the Company Group.
11.16.5. In the event and to the extent that there shall be a conflict between
the provisions of this Agreement and the provisions of the Global Separation
Agreement or any other Ancillary Agreement, this Agreement shall prevail.

[Signature Page Follows]

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IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by
their duly authorized representatives.

 
PFIZER INC.
 
 
By:
/s/: Robert E. Landry
Name:
Robert E. Landry
Title:
Senior Vice President & Treasurer
 
ZOETIS INC.
 
 
By:
/s/: Heidi C. Chen
Name:
Heidi C. Chen
Title:
General Counsel and
 
Corporate Secretary

SIGNATURE PAGE