EX-10.2





 Exhibit 10.2 

EXECUTION VERSION 
  

 
  

TRANSITION SERVICES AGREEMENT 

by and between 
 UPJOHN
INC. 
 and 

PFIZER INC. 
 Dated as
of November 16, 2020 
  
  

 












 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	Article I	  

	
	DEFINITIONS	  

			
	Section 1.1	 	Certain Definitions	  	 	1	 
	
	Article II	  

	
	SERVICES; STANDARD OF PERFORMANCE	  

			
	Section 2.1	 	Services	  	 	4	 
	Section 2.2	 	Standard of Performance	  	 	5	 
	Section 2.3	 	Service Changes	  	 	6	 
	Section 2.4	 	Omitted Services	  	 	8	 
	Section 2.5	 	Service Extensions	  	 	8	 
	Section 2.6	 	Third Party Terms and Conditions; Consents	  	 	8	 
	Section 2.7	 	Transition Representatives	  	 	9	 
	Section 2.8	 	Transitional Nature of Services; Transition Plan and Assistance	  	 	9	 
	Section 2.9	 	Independent Contractor	  	 	10	 
	Section 2.10	 	Access and Cooperation; Reliance	  	 	10	 
	Section 2.11	 	Compliance	  	 	11	 
	Section 2.12	 	Condition to Performance	  	 	12	 
	Section 2.13	 	Internal Audits and Testing of Spinco Managed Controls and Processes	  	 	12	 
	
	Article III	  

	
	COMPENSATION	  

			
	Section 3.1	 	Compensation	  	 	13	 
	Section 3.2	 	Taxes	  	 	14	 
	Section 3.3	 	Payment Terms	  	 	16	 
	Section 3.4	 	Interest	  	 	16	 
	
	Article IV	  

	
	INTELLECTUAL PROPERTY	  

			
	Section 4.1	 	Ownership of Intellectual Property	  	 	17	 
	Section 4.2	 	License Grants	  	 	18	 


  
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	Article V	  

	
	INDEMNIFICATION AND LIMITATION OF LIABILITY	  

			
	Section 5.1	 	Indemnification	  	 	19	 
	Section 5.2	 	Indemnification Procedures	  	 	19	 
	Section 5.3	 	Sole Remedy/Waiver	  	 	19	 
	Section 5.4	 	Mitigation; Limitation on Liability	  	 	20	 
	
	Article VI	  

	
	CONFIDENTIALITY	  

			
	Section 6.1	 	Confidentiality	  	 	21	 
	
	Article VII	  

	
	TERM; TERMINATION	  

			
	Section 7.1	 	Term	  	 	21	 
	Section 7.2	 	Termination	  	 	22	 
	Section 7.3	 	Effect of Termination	  	 	22	 
	
	Article VIII	  

	
	DISPUTE RESOLUTION	  

			
	Section 8.1	 	Dispute Resolution	  	 	22	 
	
	Article IX	  

	
	MISCELLANEOUS	  

			
	Section 9.1	 	Notices	  	 	23	 
	Section 9.2	 	Amendments and Waivers	  	 	24	 
	Section 9.3	 	Governing Law Jurisdiction; WAIVER OF JURY TRIAL	  	 	25	 
	Section 9.4	 	Assignment; Parties in Interest	  	 	25	 
	Section 9.5	 	Captions; Counterparts	  	 	26	 
	Section 9.6	 	Entire Agreement; Conflicting Agreements	  	 	26	 
	Section 9.7	 	Severability	  	 	27	 
	Section 9.8	 	Specific Performance	  	 	27	 
	Section 9.9	 	No Set-Off	  	 	27	 
	Section 9.10	 	Waivers of Default	  	 	27	 
	Section 9.11	 	Interpretation	  	 	27	 
	Section 9.12	 	Fulfillment of Obligations	  	 	28	 
	Section 9.13	 	Affiliate or Group Status	  	 	28	 
	Section 9.14	 	Force Majeure	  	 	28	 
	Section 9.15	 	Local Country Agreements	  	 	29	 


  
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 EXHIBITS 

Exhibit A — Services 
 Exhibit B — Excluded Services

 Exhibit C — Terms of Access for Information Systems and Software 

Exhibit D — Form of Local Country Agreement 

  
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 TRANSITION SERVICES AGREEMENT 

This TRANSITION SERVICES AGREEMENT (this “Agreement”), dated as of November 16, 2020 (the “Effective
Date”), is by and between Upjohn Inc., a Delaware corporation (“Spinco”), and Pfizer Inc., a Delaware corporation (“Pluto”) (each, a “Party” and together, the “Parties”).

 R E C I T A L S 
 WHEREAS,
Pluto and Spinco have entered into a Separation and Distribution Agreement, dated as of July 29, 2019 (as amended, modified or supplemented from time to time in accordance with its terms, the “Separation Agreement”), pursuant
to which Pluto and Spinco have agreed to separate the Spinco Business from the Pluto Business so that, as of the Distribution Date, the Spinco Business is held by members of the Spinco Group and the Pluto Business is held by members of the Pluto
Group (the “Separation”); 
 WHEREAS, after the Separation, Spinco shall become a standalone publicly traded company,
pursuant to the terms of the Separation Agreement and a Business Combination Agreement, dated as of July 29, 2019 (as amended, modified or supplemented from time to time in accordance with its terms, the “Business Combination
Agreement”), by and among Pluto, Spinco, Mylan N.V., a public company with limited liability incorporated under the laws of the Netherlands, and certain of their Affiliates; and 

WHEREAS, Pluto and Spinco have agreed to enter into this Agreement, pursuant to which Spinco shall provide, or shall cause the applicable
members of the Spinco Group or, to the extent permitted hereunder, third parties to provide, to Pluto and the applicable members of the Pluto Group certain services on an interim basis after the Effective Date, subject to and in accordance with the
terms of this Agreement. 
 NOW, THEREFORE, in consideration of the mutual agreements, provisions and covenants contained in this Agreement,
and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree as follows: 

ARTICLE I 

DEFINITIONS 

Section 1.1 Certain Definitions. Capitalized terms used in this Agreement shall have the meanings ascribed to such terms in this
Agreement, including as specified in this Section 1.1. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Separation Agreement. 

“Agreement” has the meaning set forth in the preamble to this Agreement. 

“Assignee Party” has the meaning set forth in Section 4.1(c). 












 “Assigning Party” has the meaning set forth in
Section 4.1(c). 
 “Baseline Period” means the period from January 1, 2019 to the Effective
Date. 
 “Breaching Party” has the meaning set forth in Section 7.2. 

“Business Combination Agreement” has the meaning set forth in the recitals to this Agreement. 

“Compliance Concern” has the meaning set forth in Section 2.11(a). 

“Consent” has the meaning set forth in Section 2.6. 

“Cost-Plus Charge” has the meaning set forth in Section 3.1(c). 

“Effective Date” has the meaning set forth in the preamble to this Agreement. 

“Excluded Services” has the meaning set forth in Section 2.1(a). 

“Extension Charge” has the meaning set forth in Section 3.1(d). 

“Force Majeure” has the meaning set forth in Section 9.14. 

“Information Systems” means (a) computer systems, servers, workstations, routers, hubs, switches, data communications
networks (other than the Internet) and other information technology equipment used to create, store, transmit, exchange or receive information, voice or data and (b) documentation, user manuals, and training manuals documenting the
functionality or use of any of the foregoing. 
 “Initial Service Period” means, with respect to any Service, an
initial term of twenty-four (24) months or any shorter or longer period of time otherwise specified in Exhibit A under the heading “Service Period” applicable to such Service. 

“Intellectual Property” means all intellectual property rights throughout the world, including: (i) patents and patent
applications and all related provisionals, divisionals, continuations, continuations-in-part, reissues, reexaminations, extensions and substitutions of any of the
foregoing, (ii) trademarks, service marks, names, corporate names, trade names, domain names, social media names, tags or handles, logos, slogans, trade dress, design rights, and other similar designations of source or origin, together with the
goodwill symbolized by any of the foregoing, whether or not registered or applied for registration, including common law trademark rights, (iii) copyrights and copyrightable subject matter, whether or not registered or applied for registration,
(iv) technical, scientific, regulatory and other information, designs, ideas, inventions (whether patentable or unpatentable and whether or not reduced to practice), research and development, discoveries, results, creations, improvements, know-how, techniques and data (including biological, chemical, pharmacological, toxicological, pharmaceutical, physical and analytical, safety, quality control, manufacturing and preclinical and clinical data),
technology, algorithms, procedures, plans, processes, practices, methods, trade secrets, instructions, formulae, formulations, compositions, specifications, and marketing, pricing, distribution, cost and sales information, tools, materials,
apparatus, creations, improvements, works of authorship in any media, confidential, proprietary or nonpublic information, and other similar materials, and all recordings, graphs, drawings, reports, analyses and other writings, and other tangible
embodiments of the foregoing in any form whether or not listed herein, (v) Software and (vi) applications, registrations and common law rights for the foregoing. 

  
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 “LCA” has the meaning set forth in Section 9.15.

 “Non-Breaching Party” has the meaning set forth in
Section 7.2. 
 “Omitted Service” has the meaning set forth in
Section 2.4. 

“Out-of-Pocket Costs” has the meaning set
forth in Section 3.1(b). 
 “Party” or “Parties” has the meaning set forth in
the preamble to this Agreement. 
 “Pluto” has the meaning set forth in the preamble to this Agreement. 

“Pluto Business Data” has the meaning set forth in Section 4.1(b). 

“Pluto Indemnified Parties” has the meaning set forth in Section 5.1(a). 

“Recipient” has the meaning set forth in Section 3.2(a). 

“Response Notice” has the meaning set forth in Section 2.3(b). 

“Security Requirements” has the meaning set forth in Section 2.10(d). 

“Senior Manager” means Doug Amann, in the case of Pluto, and Amy Humble, in the case of Spinco, or any individual designated
in writing by Pluto or Spinco, respectively, to succeed or replace such designee during the Term hereof. 
 “Separation”
has the meaning set forth in the recitals to this Agreement. 
 “Separation Agreement” has the meaning set forth in the
recitals to this Agreement. 
 “Service Extension” has the meaning set forth in Section 2.5. 

“Service Extension Period” has the meaning set forth in Section 2.5. 

“Service Fees” has the meaning set forth in Section 3.1(a). 

“Service Functional Lead” has the meaning set forth in Section 2.7. 

“Service Noncompliance” has the meaning set forth in Section 2.2(a). 

“Service Period” means the Initial Service Period, together with any Service Extension Periods. 

  
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 “Service Taxes” has the meaning set forth in
Section 3.2(b). 
 “Services” has the meaning set forth in
Section 2.1(a). 
 “Spinco” has the meaning set forth in the preamble to this Agreement. 

“Spinco Indemnified Parties” has the meaning set forth in Section 5.1(b). 

“Spinco Managed Control or Process” has the meaning set forth in Section 2.13. 

“Subcontractor” has the meaning set forth in Section 2.2(b). 

“Supplier” has the meaning set forth in Section 3.2(a). 

“Term” has the meaning set forth in Section 7.1. 

“Termination Notice” has the meaning set forth in Section 2.3(b). 

“Transition Plan” has the meaning set forth in Section 2.8. 

“Transition Representative” has the meaning set forth in Section 2.7. 

“VAT” means (A) any Tax imposed in compliance with the council directive of 28 November 2006 on the common system
of value added tax (EC Directive 2006/112); and (B) any other Tax of a similar nature, however denominated, to the Taxes referred to in clause (A) above, whether imposed in a member state of the European Union in substitution for, or
levied in addition to, the Taxes referred to in clause (A) above, or imposed elsewhere (including goods and services Taxes, but excluding transfer Tax, stamp duty and other similar Taxes). 

“Withdrawal Notice” has the meaning set forth in Section 2.3(b). 

ARTICLE II 

SERVICES; STANDARD OF PERFORMANCE 

Section 2.1 Services. 

(a) Subject to the terms and conditions of this Agreement, beginning on the Effective Date and continuing for the duration of the applicable
Service Period, Spinco shall provide, or cause to be provided, to Pluto and the applicable members of the Pluto Group the services identified in Exhibit A, as such Exhibit A may be supplemented or
modified from time to time in accordance with the provisions of this Agreement (the “Services”). Notwithstanding anything to the contrary herein, the Services shall exclude any services not expressly set forth in Exhibit A
(it being understood that any Omitted Services added to Exhibit A pursuant to Section 2.4 shall not be so excluded), including the services identified in Exhibit B (the “Excluded
Services”). 

  
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 (b) The Services shall only be used by Pluto and the applicable members of the Pluto Group,
and only to the extent in connection with the operation of the Pluto Business, and shall not be used by Pluto or any member of the Pluto Group for any other purpose or (except as expressly permitted in accordance with
Section 2.3(d)) in any other manner (including as to scope, volume and location) than the purpose or manner in which such Services were used by Pluto and its Affiliates in connection with the operation of the Pluto Business
during the Baseline Period (together with organic growth of the Pluto Business during the Term). No member of the Pluto Group shall resell, license or otherwise permit the use by any other Person of any of the Services. 

(c) Spinco shall have no obligation to provide, or cause to be provided, the Services to any Person other than Pluto and the applicable members
of the Pluto Group. Subject to Section 2.3(d), Spinco shall have no obligation to provide, or cause to be provided, the Services other than for the benefit of the Pluto Business, and shall not be required to provide such
Services within a greater scope or in a greater volume than, or at a different location than, such Services were provided by Pluto and its Affiliates to the Pluto Business during the Baseline Period (together with organic growth of the Pluto
Business during the Term). Spinco shall have no obligation to provide, or cause to be provided, the Services to the extent that any changes are made to the Pluto Business that increase in any material respect Spinco’s burden or cost with
respect to the provision of such Services or that make commercially impracticable the provision of such Services, including as a result of (i) mergers, acquisitions, divestitures, consolidations, reorganizations or similar transactions or
(ii) employee additions, reductions or other changes not in the ordinary course of business of the Pluto Business consistent with past practice. For clarity, the preceding sentence shall not restrict the ability of Pluto or any member of the
Pluto Group to engage in any of the actions listed in the preceding sentence while receiving the Services. 
 Section 2.2 Standard
of Performance. 
 (a) Spinco shall provide the Services with reasonable skill and care consistent in all material respects with the
level of skill and care provided to the Pluto Business during the Baseline Period. For the purposes of this Agreement, the term “Service Noncompliance” shall mean Spinco’s failure to provide the Services in the manner set forth
in this Section 2.2(a) after receipt of written notice from Pluto specifying the details of such noncompliance and Spinco’s failure to cure (if capable of being cured) such noncompliance as soon as reasonably
practicable but not later than thirty (30) days after Spinco’s receipt of such notice; provided that, notwithstanding the foregoing, a Service Noncompliance shall be deemed not to occur to the extent Spinco is not able to provide
the Services or cure such noncompliance as a result of (i) a Force Majeure, (ii) Pluto’s breach of this Agreement, or (iii) a Compliance Concern. Spinco shall be deemed not to be in breach of this Agreement with respect to the
provision of the Services unless and until such breach constitutes Service Noncompliance. 
 (b) Spinco shall have the right to perform its
obligations under this Agreement through one or more members of the Spinco Group, and each of the foregoing may hire third party service providers, subcontractors and consultants (each, a “Subcontractor”) to perform any of
Spinco’s obligations hereunder, including to provide all or part of any Service; provided that (i) Spinco shall in all cases retain responsibility for the provision of the Services to Pluto in accordance with this Agreement and be
liable for any breach by any such member of the Spinco Group or Subcontractor of the terms of this Agreement to the same extent as if such breach was committed by Spinco and (ii) Spinco’s exercise of its rights pursuant to this
Section 2.2(b) shall not adversely affect the applicable Services in any material respect or increase Pluto’s costs or expenses hereunder for the applicable Services. Except as expressly provided in this Agreement,
neither Spinco nor any member of the Spinco Group, nor any other Person on their behalf, makes any representations or warranties, express or implied, with respect to any Services provided by a Subcontractor. 

  
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 (c) As between the Parties, except as otherwise agreed by the Parties in writing, Spinco
shall have sole discretion and authority with respect to designating, employing, assigning, compensating and discharging personnel and Subcontractors in connection with the performance of the Services, and notwithstanding anything to the contrary
herein, in no event shall Spinco or any member of the Spinco Group be obligated under this Agreement to retain or employ any specific personnel or Subcontractors, acquire any equipment or technology, expand or modify any facilities or incur any
capital expenditures, in each case unless Spinco agrees, in its sole discretion, to do so and Pluto agrees to bear all related costs and expenses. 

Section 2.3 Service Changes. 

(a) Any Service may be terminated, in whole or in part, upon the mutual written consent of the Parties, and in such case, (i) the
applicable Service shall terminate on the date mutually agreed upon in writing by Pluto and Spinco, (ii) Exhibit A shall be deemed amended to delete such Service as of such date and (iii) this Agreement shall be of no further force
and effect with respect to such Service, except as to liabilities or obligations accrued prior to the date of termination of such Service. 

(b) Any Service may be terminated, in whole or in part, by Pluto upon written notice (a “Termination Notice”) to Spinco at
least ninety (90) days prior to such termination, and in such case, unless a Withdrawal Notice is timely delivered to Spinco as set forth below, (i) the applicable Service shall terminate on the termination date specified in the
Termination Notice (or such other date mutually agreed upon in writing by Pluto and Spinco), (ii) Exhibit A shall be deemed amended to delete such Service as of such date and (iii) this Agreement shall be of no further force and effect
with respect to such Service, except as to liabilities or obligations accrued prior to the date of termination of such Service; provided, however, that except as otherwise agreed by the Parties, no such notice may be given until sixty
(60) days following the Effective Date. Within thirty (30) days following receipt of a Termination Notice, Spinco shall provide Pluto with written notice (a “Response Notice”) regarding (x) whether the termination (or
partial termination) of the applicable Service, in Spinco’s reasonable judgment, will require the termination or partial termination of, or otherwise affect the performance of, any other Services and (y) any
Out-of-Pocket Costs that will arise from the termination (or partial termination) of the applicable Service and any other such Services, including an estimate of the
amount thereof. With respect to any Response Notice, Pluto may withdraw its Termination Notice by delivering a written notice (a “Withdrawal Notice”) to Spinco within ten (10) days following the receipt of such Response Notice
from Spinco. If Pluto timely delivers a Withdrawal Notice, the Termination Notice shall be deemed withdrawn and the applicable Service shall not be affected. If Pluto does not timely deliver a Withdrawal Notice, the Termination Notice will be final,
binding and irrevocable and Spinco may terminate or affect the performance of any and all Services set forth in the Response Notice in accordance with its terms, and Exhibit A shall be deemed amended accordingly. For clarity, partial
termination of a Service by Pluto shall not require the prior written consent of Spinco, but shall be subject to the requirements set forth in Section 2.3(c). 

  
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 (c) Upon termination of one or more Services in whole or in part pursuant to
Section 2.3(a) or Section 2.3(b), Spinco’s obligation to provide, and Pluto’s obligation to pay for, such terminated Service(s) (or portion thereof that is terminated) beyond the
specified termination date will terminate; provided that (i) Pluto shall pay Spinco (or the applicable member of the Spinco Group) for all accrued and unpaid Service Fees (and the Cost-Plus Charge and, if applicable, Extension Charge
thereon) for such terminated Service(s) (or portions thereof that are terminated), (ii) Pluto shall reimburse Spinco (or the applicable member of the Spinco Group) for all
Out-of-Pocket Costs incurred by or on behalf of the Spinco Group in connection with such termination, in each case in accordance with Article III, and
(iii) once every six (6) months during the Term, the Service Fees set forth in Exhibit A shall be updated on a line-by-line basis to reflect any
material reduction in the cost to Spinco of providing the Services resulting from the termination (or partial termination) of any Service(s), as determined in good faith by Spinco and communicated in writing to Pluto, which changes, upon the
approval of Pluto’s Transition Representative in accordance with Section 9.2, shall be retroactively effective as of such specified termination date and reflected in the first invoice issued by Spinco after such
approval as an appropriate reduction in the amount otherwise due. 
 (d) If Pluto desires to (i) increase the scope or volume of any
Service in any material respect beyond the scope or volume of such Service as provided by the Spinco Business (or by Spinco Employees in the relevant function) to the Pluto Business during the Baseline Period (together with organic growth of the
Pluto Business during the Term) or (ii) change the location at which any Service is provided from the location at which such Service was provided by the Spinco Business (or such Spinco Employees) to the Pluto Business during the Baseline
Period, Pluto shall provide a written request to Spinco for such increase in scope or volume or change in location of Service, and Pluto and Spinco shall discuss in good faith such request, including any incremental costs and expenses associated
therewith. Spinco shall use commercially reasonable efforts to accommodate such request to the extent the applicable increase in scope or volume or change in location of Service (A) arises from organic growth of the Pluto Business, (B) is
not requested as a result of, or otherwise in connection with, any mergers, acquisitions, divestitures, consolidations, reorganizations, or similar transactions, and (C) would not require Spinco or any member of the Spinco Group to allocate
resources and capabilities to effect such increase in scope or volume or change in location of Service materially in excess of its then-current ordinary course resources and capabilities. The Parties shall amend Exhibit A to reflect such
increase in scope or volume or change in location of Service, to the extent applicable. All costs and expenses incurred in providing such increase in scope or volume or change in location of Service pursuant to this
Section 2.3(d) shall be borne by Pluto. 
 (e) It is understood and agreed that Spinco may from time to time change
the manner or nature of any Service provided to Pluto if (i) Spinco is making similar changes in the performance of services similar to such Service for its Group, (ii) such changes are required by applicable Law, (iii) such changes
are requested by Pluto or otherwise reasonably necessary to provide any such Service to Pluto in accordance with this Agreement, or (iv) such changes would not reasonably be expected to adversely affect in any material respect the provision of
such Service. Any incremental costs and expenses incurred by or on behalf of the Spinco Group in making any such change to the Services referred to in clause (i) or (iv) of this Section 2.3(e) shall be
borne solely by Spinco and no Service Fees shall be increased as a result of such incremental costs and expenses. Any incremental costs and expenses incurred by or on behalf of the Spinco Group in making any such change to the Services referred to
in clause (ii) or (iii) of this Section 2.3(e) shall be borne by Pluto (and such costs and expenses shall be deemed to be
Out-of-Pocket Costs hereunder). 

  
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 Section 2.4 Omitted Services(a) . If, within one hundred eighty (180) days
following the Effective Date, Pluto identifies a service (an “Omitted Service”) that (a) was provided by the Spinco Business (or by Spinco Employees in the relevant function) to the Pluto Business during the Baseline Period,
(b) is reasonably necessary for the Pluto Business to operate in substantially the same manner as the Pluto Business operated during the Baseline Period, (c) is not included on Exhibit A or Exhibit B and (d) would
not require Spinco or the applicable member of the Spinco Group to allocate resources or capabilities materially in excess of its then-current ordinary course resources and capabilities, the Parties shall amend Exhibit A to add such Omitted
Service, and in such case, such Omitted Service will be deemed a Service hereunder; provided that Spinco shall have no obligation to provide such Omitted Service unless and until the Parties mutually agree on all terms and conditions for the
provision of such Omitted Service, including the Service Period and the Service Fee for such Omitted Service, which terms and conditions shall be negotiated by the Parties in good faith. 

Section 2.5 Service Extensions(a) . If Pluto reasonably determines that it will require a Service to continue beyond the Initial
Service Period for such Service, Pluto may extend such Service (a “Service Extension”) for up to two (2) six (6)-month periods (each, a “Service Extension Period”) by written notice to Spinco no less than sixty
(60) days prior to the end of the Initial Service Period or first Service Extension Period, as applicable, and Spinco shall cause such Service to be provided during such Service Extension Period in accordance with the terms hereof;
provided that the Extension Charge shall apply in accordance with Section 3.1(d). 
 Section 2.6
Third Party Terms and Conditions; Consents. Pluto hereby acknowledges and agrees that the Services provided by Spinco through Subcontractors, or using third party assets, including Intellectual Property, are subject to the terms and
conditions of any applicable agreements with such third parties and subject to the receipt of any consent, authorization, order or approval of, or any exemption by, any third party (each, a “Consent”) required to be obtained by
Spinco (or the applicable members of the Spinco Group or its or their Subcontractors) for the performance of Spinco’s obligations under this Agreement, which Spinco shall use its commercially reasonable efforts to obtain, and Pluto shall, and
shall cause the applicable members of the Pluto Group to, reasonably cooperate with and assist Spinco (or the applicable members of the Spinco Group or its or their Subcontractors) in so obtaining; provided that neither Party shall be
obligated to incur any out-of-pocket costs or expenses to obtain any such Consent; provided, further, that if any out-of-pocket costs or expenses must be incurred to pay for a Consent, or for the assignment of a license or other rights to any member of the Pluto Group, or for the purchase or licensing of any Intellectual
Property or other assets to provide the Services to any member of the Pluto Group, and Pluto wishes that such Consent be obtained or such assignment, purchase or license be effected, such out-of-pocket costs and expenses shall be borne by Pluto (and the Service Fee for such Service will increase by the amount of any such costs and expenses or, in the case of any
one-time costs relating to such modifications, such costs and expenses shall be deemed to be Out-of-Pocket Costs hereunder). If
Spinco is unable to obtain any required Consent, or to effect any required assignments, purchases or licenses, in accordance with the preceding sentence the Parties shall use commercially reasonable efforts to (a) negotiate in


  
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good faith reasonable modifications to the Services or the provision of substitute services (which substitute services shall be deemed “Services” hereunder), such that such Consents,
assignments, purchases or licenses are not required and (b) implement such modifications or substitute services (including by amending Exhibit A). Any incremental costs and expenses incurred by or on behalf of the Spinco Group with
respect to such mutually agreed modifications or substitute services shall be borne by Pluto (and the Service Fee for the applicable Services will increase by the amount of any such costs and expenses or, in the case of any one-time costs relating to such modifications, such costs and expenses shall be deemed to be Out-of-Pocket Costs hereunder).
Notwithstanding anything to the contrary herein, subject to Spinco complying with its obligations under this Section 2.6, Spinco will not be in breach of this Agreement or have any liability to the Pluto Group as a result
of any non-performance of, or other effect upon, any applicable Services as a result of any failure to obtain any such Consent or to effect any such assignment, purchase or license. If any Consent, assignment,
purchase or license is required to be obtained with respect to any third party relationship of Pluto or any member of the Pluto Group for the receipt of Services, Pluto shall be solely responsible for obtaining any such Consent, assignment, purchase
or license at its sole cost and expense; provided that Spinco shall, and shall cause the applicable members of the Spinco Group to, reasonably cooperate with and assist Pluto (or the applicable members of the Pluto Group) in so obtaining.

 Section 2.7 Transition Representatives. Each Party shall designate an individual to be the primary liaison between the
Parties for the provision and receipt of, and the transfer of responsibility for, the Services (each, a “Transition Representative”). Each Party shall also designate individuals to be the primary representatives of such Party with
respect to each of the functional areas of the Services (e.g., information technology, finance) (each, a “Service Functional Lead”). The Parties agree that any issues arising under this Agreement in relation to a particular Service
will be raised first by and between the Service Functional Leads responsible for the functional area of the relevant Service before being referred to the Transition Representatives. The Transition Representatives and Service Functional Leads, or
their respective designees, shall meet regularly in person, telephonically or as they otherwise agree during the Term to discuss any issues arising under this Agreement that have not been resolved by the Service Functional Leads and the need for any
modifications or additions hereto. Either Party may replace its Transition Representative or any Service Functional Lead with an individual who has a comparable level of responsibility within its respective organization. Each Party shall provide
written notice of its Transition Representative and Service Functional Leads to the other Party promptly following the execution of this Agreement and promptly following any changes to such Party’s Transition Representative or any Service
Functional Lead, in each case in accordance with Section 9.1. The Transition Representatives and Service Functional Leads shall perform their duties in accordance with the Transition Plan. 

Section 2.8 Transitional Nature of Services; Transition Plan and Assistance. The Parties hereby acknowledge the transitional
nature of the Services. Accordingly, as promptly as practicable following the execution of this Agreement, Pluto agrees to use, and to cause the applicable members of the Pluto Group to use, commercially reasonable efforts to transition each Service
to its own internal organization or obtain alternate third parties to provide the Services. In connection therewith, Pluto shall develop a detailed written transition plan (as may be updated from time to time, the “Transition Plan”)
which sets forth how Pluto will transition from each Service in a timely and efficient manner, in accordance with this Agreement and no later than the 

  
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end of the Service Period for such Service, such that all Services have been so transitioned prior to the expiration of the Term. The Transition Plan shall include a description of Pluto’s
expected end state following completion of transition activities and any reasonable assistance that Pluto expects to request from Spinco in order to achieve such expected end state (which requested assistance shall be subject to Spinco’s
approval, not to be unreasonably withheld, conditioned or delayed). Pluto shall provide a draft Transition Plan to Spinco as soon as reasonably practicable following the Effective Date, but in any event no later than one hundred twenty
(120) days following the Effective Date, and shall incorporate any revisions reasonably proposed by Spinco, which comments shall be provided within ninety (90) days of receipt of such draft Transition Plan. Pluto shall inform Spinco of any
developments or changes (including as a result of the termination of any Services hereunder) that would reasonably be expected to impair Pluto’s ability to adhere to the Transition Plan, and shall update the Transition Plan upon Spinco’s
reasonable request. Spinco shall, upon Pluto’s reasonable request, provide Pluto with assistance reasonably necessary to transition the Services to Pluto in accordance with the Transition Plan; provided that all out-of-pocket costs and expenses incurred in connection therewith shall be borne by Pluto (and such costs and expenses shall be deemed to be Out-of-Pocket Costs hereunder); provided, further, that Pluto shall be ultimately responsible for transitioning the Services. The specific transition assistance and timing thereof shall be as
mutually agreed in good faith by the Parties. Such transition assistance may include providing information regarding specific Services and the systems, Software and data formats and data organization being used for such Services, coordination and
other reasonable assistance with test runs of replacement systems and processes (but not development of such systems and processes), and other reasonable access to relevant information; provided that Spinco shall not be obligated to provide
transition assistance that Spinco cannot provide without a material increase in its then-current ordinary course resources and capabilities, or without adversely affecting in any material respect its and the other members of the Spinco Group’s
other obligations and commitments. Notwithstanding anything to the contrary herein, the foregoing assistance of Spinco is deemed to be a Service for purposes of this Agreement, and in no event shall Spinco or any member of the Spinco Group be
required to provide any such assistance following the expiration of the Term. 
 Section 2.9 Independent Contractor. In
providing the Services hereunder, Spinco, the applicable members of the Spinco Group and its and their Subcontractors shall act solely as independent contractors. Nothing herein shall constitute or be construed to be or create in any way or for any
purpose a fiduciary, partnership, joint venture, joint-employer or principal-agent relationship between the Parties. 
 Section 2.10
Access and Cooperation; Reliance. 
 (a) Each Party agrees that it shall, and shall cause the applicable members of its Group
to, (i) timely provide to the other Party and the applicable members of its Group (and, if applicable, its and their Subcontractors), at no cost to such other Party, reasonable access to personnel, facilities, systems, assets, information and
books and records, in the case of Pluto, with respect to the Pluto Business, and in the case of Spinco, with respect to the Services, and (ii) timely provide decisions, approvals and acceptances, in the case of each of clauses
(i) and (ii), as reasonably requested by such other Party in order to enable it to exercise its rights and perform its obligations under this Agreement in a timely and efficient manner. 

  
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 (b) Without limiting Section 2.10(a), each Party shall, and shall
cause the applicable members of its Group to, (i) cooperate with the other Party in all matters relating to the provision and receipt of the Services, (ii) use commercially reasonable efforts to minimize the expense, distraction and
disturbance to each Party and (iii) perform all obligations hereunder in good faith and in accordance with principles of fair dealing. Such cooperation shall include (A) the execution and delivery of such further instruments or documents
as may be reasonably requested by the other Party to enable the full performance of each Party’s obligations hereunder and (B) promptly notifying the other Party of any changes to a Party’s operating environment or personnel that
would reasonably be expected to affect the provision or use of the Services in any material respect, and working with the other Party to minimize the effect of such changes. 

(c) In connection with the performance of this Agreement, each Party and the members of its Group (and, if applicable, its and their
Subcontractors) shall be entitled to rely upon the genuineness, validity and truthfulness of any document, instrument or other writing presented by or on behalf of the other Party or any member of its Group. No member of either Party’s Group or
any of its Subcontractors shall be liable for any impairment in the provision or receipt, as applicable, of any Service caused by their not receiving information, materials or access pursuant to this Section 2.10, either
timely or at all, or by their receiving inaccurate or incomplete information from or on behalf of the other Party’s Group. 
 (d) Except
as otherwise expressly set forth with respect to one or more specific Services in Exhibit A, neither Party shall have any right or be permitted to access any Information Systems or Software owned or controlled by the other Party or any member
of its Group. To the extent any such access is granted to any member of a Party’s Group in connection with the provision or receipt of one or more specific Services, the accessing Party shall, and shall cause the applicable members of its Group
to, comply with (i) the Information System and Software terms of access set forth in Exhibit C and (ii) the bona fide and generally applicable policies and procedures of the other Party made available to such accessing Party in
writing (collectively, the “Security Requirements”). 
 (e) Each Party shall notify the other Party promptly after becoming
aware of any actual or suspected breach of security of the other Party’s Information Systems or any accidental or unlawful destruction, loss, alteration or unauthorized disclosure of, or access to, information contained therein or any other
sensitive or confidential information (including information relating to an identified or identifiable individual) supplied by or on behalf of the other Party to such Party or any member of its Group in connection with this Agreement and, in the
event of any such actual or suspected breach or destruction, loss, alteration, disclosure or access, each Party shall, and shall cause the members of its Group to, reasonably cooperate with the other Party in investigating and mitigating the effect
thereof. 
 Section 2.11 Compliance. 

(a) Pluto acknowledges and agrees that Spinco shall not provide any Service to the extent that the provision of such Service by Spinco, any
member of the Spinco Group or any of its or their Subcontractors, including any of the foregoing persons’ officers, directors, employees, agents or representatives, would conflict with or violate (i) any applicable Laws, including the U.S.
Foreign Corrupt Practices Act and the U.K. Bribery Act 2010, or (ii) the bona fide and generally applicable policies or procedures of Spinco or any member of the Spinco Group. In the event that Spinco determines in good faith that the provision
of a specific Service in a specific market is likely to violate clause (i) or (ii) above (a “Compliance Concern”), Spinco shall provide prompt notice to Pluto describing in reasonable detail the nature of the
Compliance Concern. 

  
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 (i) Pluto and Spinco shall confer in good faith to determine whether the
Compliance Concern can be resolved and whether the suspension of such Service is necessary; provided that, in the event of a disagreement regarding whether such suspension is necessary, Spinco shall have the right to make the final
determination. Pluto and Spinco shall pursue the mutual objective of limiting the scope and duration of any such suspension. Each Party shall take reasonable interim measures necessary to address the Compliance Concern that are requested by the
other Party (e.g., by replacing a suspect intermediary or reassigning a suspect employee), and, upon request, shall provide written confirmation to the other Party that such measures have been implemented. All interim measures shall remain in place
until and unless the Parties mutually agree, on the basis of their reasonable investigation, that the Compliance Concern is resolved. 

(ii) In the event that any Service has been suspended under this Section 2.11(a), upon the resolution
of such Compliance Concern, Spinco shall resume the provision of such Service. 
 (iii) Each Party shall at all times comply
with all applicable Laws in connection with the exercise of its rights and performance of its obligations under this Agreement. 
 (b) Pluto
and the applicable members of the Pluto Group shall follow the bona fide and generally applicable policies, procedures and practices with respect to the Services followed by Spinco and the applicable members of the Spinco Group that are made
available to Pluto in writing and any changes to such policies, procedures and practices, in each case, from and after the date on which Pluto is notified in writing of the relevant policy, procedure or practice, including those relating to
continuity of business, computer and network security measures and data encryption. 
 Section 2.12 Condition to Performance.
Pluto acknowledges and agrees that Spinco shall not be responsible for any failure to provide the Services to the extent that such failure results from Pluto’s breach of this Agreement, including its obligations under
Section 2.10, or to the extent that such failure is pursuant to a suspension of a Service that is in accordance with Section 2.11(a) or Section 9.14. 

Section 2.13 Internal Audits and Testing of Spinco Managed Controls and Processes. The Parties acknowledge and agree that Spinco
will, in the ordinary course of its business, audit and test certain controls, processes and procedures that relate to the Services (a “Spinco Managed Control or Process”). Spinco agrees that, to the extent required by Pluto to
comply with applicable Law, Spinco will provide Pluto with reasonable access to the audit or testing documentation for any such Spinco Managed Control or Process that is material to the Pluto Business as soon as reasonably practicable following the
completion of the applicable audit or testing. Notwithstanding the foregoing, Spinco’s responsibility shall be limited to providing 

  
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reasonable access to audit or testing documentation it creates in the ordinary course of its business and Spinco shall have no responsibility to conduct any particular audit or testing, create
any specific documentation or provide any interpretation of audit or testing results or determination of the scope, level or materiality of any potential risks or deficiencies (and, for clarity, Pluto shall be solely responsible for interpreting any
such results or making any such determination). To the extent required by Pluto to comply with applicable Law, Pluto shall have the right to audit or test, or have Spinco audit or test, in each case at Spinco’s option and upon reasonable prior
written notice, any Spinco Managed Control or Process. If Spinco agrees that Pluto may perform such audit or testing then, upon reasonable prior written notice to Spinco, Spinco shall permit Pluto representatives reasonable access, during regular
business hours (as in effect from time to time), for purposes of such audit or testing; provided that, if any such audit or testing could result in Pluto having access to any sensitive Confidential Information of Spinco (including Tax and
transfer pricing information), Spinco may require that Pluto appoint an independent third party audit firm reasonably acceptable to Spinco to conduct such audit or testing. All costs of any such audit or testing conducted by or on behalf of Pluto
pursuant to this Section 2.13, including the costs of a third party audit firm, shall be borne by Pluto. Within thirty (30) days of completing such audit or testing, Pluto shall submit a report to Spinco with its
findings. Any information obtained or observed by Pluto during any such audit or testing shall be subject to the confidentiality obligations contained in Article VI. For clarity, Spinco shall have no responsibility to conduct any remediation
or modification of any Spinco Managed Control or Process unless a reputable and internationally recognized independent third party audit firm determines that a significant deficiency or material weakness exists with respect to such Spinco Managed
Control or Process and Spinco, after considering in good faith the findings set forth in such report, agrees with such determination, and in such case Spinco shall conduct such remediation or modification at its own cost. 

ARTICLE III 

COMPENSATION 

Section 3.1 Compensation. 

(a) Pluto (or the applicable member of the Pluto Group) shall pay to Spinco (or the applicable member of the Spinco Group) (i) a monthly fee
(pro rated for any partial month) for each Service provided to Pluto (or such member of the Pluto Group) hereunder in accordance with the charges for each such Service as set forth in Exhibit A (collectively, the “Service
Fees”), (ii) the Cost-Plus Charge as set forth in Section 3.1(c), and (iii) the Extension Charge, if applicable, as set forth in Section 3.1(d). For the avoidance of doubt, Service
Fees shall not include any severance and/or retention costs incurred by Spinco or the Spinco Group as a result of retaining the necessary employees to supply such Service to Pluto in accordance with the terms of this Agreement. 

(b) Pluto (or the applicable member of the Pluto Group) shall reimburse Spinco (or the applicable member of the Spinco Group) for all
reasonable out-of-pocket costs and expenses, including license fees, royalties, payments to Subcontractors and third-party freight, distribution and other logistics
costs, incurred by or on behalf of Spinco (or such member of the Spinco Group) in connection with (i) preparation activities to make the Services available to the Pluto Group, (ii) the provision of the Services, (iii) planning and
executing the migration or transition of the Services to the Pluto Group or a Subcontractor and (iv) early termination of any Service pursuant to Section 2.3(a) or Section 2.3(b), but
excluding, in the case of each of clauses (i) through (iv), any Taxes, which are the subject of Section 3.2 (collectively,
“Out-of-Pocket Costs”). All Out-of-Pocket Costs shall be in addition to
the Service Fees. Reasonable documentation of Out-of-Pocket Costs will be provided upon request. 

  
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 (c) The Parties agree that the Service Fees shall be subject to a five percent (5%) markup
each month, calculated on the monthly fee for each Service as set forth in Exhibit A (the “Cost-Plus Charge”), to reflect arms’ length pricing terms for the Services. For clarity, the Cost-Plus Charge
shall be charged to and payable by Pluto (or the applicable member of the Pluto Group) in addition to the Service Fees set forth on Exhibit A. 

(d) The Parties agree that the Service Fees shall be subject to an additional five percent (5%) markup each month during the first Service
Extension Period and an additional ten percent (10%) markup each month during the second Service Extension Period, in each case calculated on the monthly fee for each Service as set forth in Exhibit A (the
“Extension Charge”). During any Service Extension Period, the applicable Extension Charge shall be charged to and payable by Pluto (or the applicable member of the Pluto Group) in addition to the Service Fees set forth on Exhibit
A and the Cost-Plus Charge. For clarity, after giving effect to the Cost-Plus Charge in Section 3.1(c) and the Extension Charge in this Section 3.1(d), the Service Fees shall be subject to a
five percent (5%) markup each month during the Initial Service Period, a ten percent (10%) markup each month during the first Service Extension Period, and a fifteen percent (15%) markup each month during the second Service Extension Period, in each
case calculated on the monthly fee for each Service as set forth in Exhibit A.
 (e) If at any time Spinco believes that the Service
Fee for a specific Service on Exhibit A is materially insufficient to compensate it (or the applicable member of the Spinco Group) for the cost of providing such Service, or Pluto believes that the Service Fee for a specific Service on
Exhibit A materially overcompensates Spinco (or the applicable member of the Spinco Group) for such Service, such Party shall promptly notify the other Party, and the Parties will commence good faith negotiations toward an agreement in
writing as to the appropriate course of action with respect to the Service Fee for such Service for future periods. This Article III shall not limit any other obligation of either Party and the applicable members of its Group to reimburse
costs or expenses of the other Party and the applicable members of its Group pursuant to other provisions of this Agreement. 

Section 3.2 Taxes. 

(a) All sums payable under this Agreement are exclusive of any amount in respect of VAT. If any action of one Party (the
“Supplier”) under this Agreement constitutes, for VAT purposes, the making of a supply to another Party (or a member of that Party’s Group) (the “Recipient”) and VAT is or becomes chargeable on that supply, the
Recipient shall pay to the Supplier, in addition to any amounts otherwise payable under this Agreement by the Recipient, a sum equal to the amount of the VAT chargeable on that supply against delivery to the Recipient of a valid VAT invoice issued
in accordance with the laws and regulations of the applicable jurisdiction.

  
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 (b) Without duplication of amounts covered by Section 3.2(a),
Pluto (or the applicable member of the Pluto Group) shall be responsible for all VAT, sales, goods and services, use, gross receipts, transfer, consumption and other similar Taxes, (excluding, for clarity, Taxes imposed on net income, profits and
gains and franchise Taxes), together with interest, penalties and additions thereto (“Service Taxes”), imposed by applicable taxing authorities attributable to the provision of Services to Pluto (or such member the Pluto Group) or
any payment hereunder; provided that such Service Taxes are shown on a valid invoice. If Spinco or any member of the Spinco Group is required to pay any part of such Service Taxes, Spinco (or the applicable member of the Spinco Group) shall
provide Pluto with evidence that such Service Taxes have been paid, and Pluto (or the applicable member of the Pluto Group) shall reimburse Spinco (or such member of the Spinco Group) for such Service Taxes. Spinco (or the applicable member of the
Spinco Group) shall, upon the reasonable request of Pluto, promptly revise any invoice to the extent such invoice was erroneously itemized or categorized. Each Party shall, and shall cause the applicable members of its Group to, use commercially
reasonable efforts to (i) minimize the amount of any Service Taxes imposed on the provision of Services hereunder, including by availing itself of any available exemptions from or reductions to any such Service Taxes, and (ii) cooperate
with the other Party in providing any information or documentation that may be reasonably necessary to minimize such Service Taxes or obtain such exemptions or reductions. If at any time Spinco or any member of the Spinco Group receives a refund (or
credit or offset in lieu of a refund) of any Service Taxes borne by Pluto or any member of the Pluto Group, then Spinco (or such member of the Spinco Group) shall promptly pay over the amount of such refund, credit or offset (net of all reasonable
related out-of-pocket costs, expenses and taxes incurred in respect thereof) to Pluto (or such member of the Pluto Group), it being understood that Pluto and the
applicable members of the Pluto Group shall be liable for (x) any subsequent disallowance of such refund, credit or offset and any related interest, penalties or additions thereto and (y) any reasonable out-of-pocket costs and expenses related to such disallowance. 
 (c) If applicable Law requires
that an amount in respect of any Taxes be withheld from any payment to Spinco or any member of the Spinco Group, Pluto shall promptly notify Spinco of such required withholding and Pluto shall withhold (or cause to be withheld) such Taxes and pay
(or cause to be paid) such withheld amounts over to the applicable taxing authority in accordance with the requirements of the applicable Law and provide Spinco (or such member of the Spinco Group) with an official receipt confirming such payment
(where it is common practice for the applicable taxing authority to provide such a receipt). Pluto (or any member of the Pluto Group) shall not be required to “gross up” any amounts invoiced to Pluto to account for, or otherwise compensate
Spinco (or any member of the Spinco Group) for, any Taxes that are required to be withheld under applicable Law. Spinco shall reasonably cooperate with Pluto to determine whether any such withholding applies to the Services, and if so, shall further
cooperate to minimize applicable withholding Taxes. Each Party shall, and shall cause the applicable members of its Group to, provide the other Party and the applicable members of its Group with any reasonable cooperation or assistance as may be
necessary to enable the other Party and such members of its Group to claim exemption from, or a reduction in the rate of, any withholding Taxes (including, without limitation, pursuant to any applicable double taxation or similar treaty), to receive
a refund of such withholding Taxes or to claim a Tax credit therefor. 

  
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 (d) Where a Party or any member of its Group is required by this Agreement to reimburse or
indemnify the other Party or any member of its Group for any cost or expense (including Out-of-Pocket Costs), the reimbursing or indemnifying Party (or the applicable
member of its Group) shall reimburse or indemnify the other Party (or the applicable member of its Group) for the full amount of the cost or expense, inclusive of any amounts in respect of VAT imposed on that amount to the extent properly reflected
on a valid invoice, except to the extent that the reimbursed or indemnified Party reasonably determines that it (or such member of its Group), or a member of the same group as it (or such member of its Group) for VAT purposes, is entitled to credit
for or repayment of that VAT from any relevant taxing authority. 
 (e) For purposes of this Agreement, and except as otherwise specifically
provided in this Agreement, Tax matters shall be exclusively governed by the Tax Matters Agreement, and in the event of any inconsistency between the Tax Matters Agreement and this Agreement with respect to Tax matters, the Tax Matters Agreement
shall control. 
 Section 3.3 Payment Terms(a) . On a monthly basis by the twentieth (20th) day of each month of the Term (other
than the first month of the Term), Spinco shall invoice Pluto for the Service Fee for each of the Services provided in the prior month, plus the Cost-Plus Charge and, if applicable, Extension Charge for such prior month, and, if applicable, any Out-of-Pocket Costs incurred, which invoice shall also set forth in reasonable detail a description of the Services rendered in the applicable month. Subject to any dispute,
Pluto shall pay Spinco all amounts due under any invoice within fifty (50) days from the end of such prior month. For the avoidance of doubt, for illustrative purposes, if Services are provided during the period beginning on March 1 and
ending on March 31, Spinco shall invoice Pluto in respect of such period by no later than April 20, and Pluto shall pay Spinco all amounts due by no later than May 20. All such invoices shall be delivered to Pluto at the address designated
by Pluto by written notice to Spinco. Any correspondence or payments concerning such invoices shall be made to Spinco at the address designated by Spinco by written notice to Pluto. Any dispute regarding invoiced amounts shall be resolved in
accordance with Article VIII; provided that Pluto may withhold payment of any such amounts to the extent such amounts both (x) are disputed in good faith pending resolution of such dispute and (y) represent more than ten
percent (10%) of the total amount set forth on the applicable invoice; provided further that, for the avoidance of doubt, the payment of any disputed amount that represents ten percent (10%) or less of the total amount set forth on the
applicable invoice shall not result in a waiver of or otherwise prejudice Pluto’s right to dispute such amount. There shall be no right of set-off or counterclaim with respect to any claim, debt or
obligation against payments to Spinco or any member of the Spinco Group under this Agreement; provided that Spinco may net any amount payable to Spinco or any member of the Spinco Group under this Agreement against any amount that Spinco or
any member of the Spinco Group is obligated to pay or transmit to Pluto or any member of the Pluto Group pursuant to the Services. Unless otherwise specified by Spinco, all amounts payable by Pluto or any member of the Pluto Group to Spinco or any
member of the Spinco Group under this Agreement shall be paid directly from Pluto to Spinco. 
 Section 3.4 Interest. Any
amounts billed or otherwise invoiced or demanded and properly payable pursuant to Section 3.3 that are not paid within thirty (30) days of the due date therefor pursuant to this Agreement shall accrue interest from
such due date at a rate per annum equal to the Prime Rate through the date of actual payment. 

  
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 ARTICLE IV 

INTELLECTUAL PROPERTY 

Section 4.1 Ownership of Intellectual Property. 

(a) Except as expressly provided in Section 4.1(b), no license, title, ownership or other Intellectual Property or
proprietary rights are transferred to Pluto, any member of the Pluto Group or any of its or their Representatives pursuant to this Agreement, and Spinco retains all such rights, title, ownership and other interest in its Information Systems,
platforms, applications and all other Software, hardware, systems and resources it uses to provide the Services. Except as expressly provided in Section 4.1(b), no license, title, ownership or other Intellectual Property or
proprietary rights are transferred to Spinco, any member of the Spinco Group or any of its or their Subcontractors or other Representatives pursuant to this Agreement, and Pluto retains all such rights, title, ownership and other interest in its
Information Systems, platforms, applications and all other Software, hardware, systems and resources it uses to receive the Services. Except as expressly provided in Section 4.1(b), as between the Parties, each Party shall
be the sole and exclusive owner of, and nothing in this Agreement shall be deemed to grant the other Party, any member of its Group or any of its or their Representatives, any right, title, license, leasehold or other interest in or to any
Intellectual Property, ideas, concepts, techniques, inventions, processes, systems, works of authorship, facilities, floor space, resources, special programs, functionalities, interfaces, computer hardware or Software, documentation or other work
product developed, created, modified, improved, used or relied upon by such Party, any member of its Group or any of its or their Representatives in connection with the Services or the performance of such Party’s obligations hereunder and, for
clarity, no such items shall be considered a work made for hire within the meaning of Title 17 of the United States Code. 
 (b)
Notwithstanding anything to the contrary in Section 4.1(a), all information, records, data, reports and deliverables to the extent relating to the Pluto Business that are generated, collected, stored, processed or created
by or on behalf of the Pluto Group pursuant to a Service shall be owned by Pluto (“Pluto Business Data”), except that Spinco shall own all information, records, data, reports and deliverables generated, collected, stored, processed
or created in providing the Services to the extent related to the operation of the Spinco Business or the Spinco Assets. Upon Pluto’s request, Spinco shall provide a description of any Pluto Business Data resulting from the provision of a
Service. If requested by Pluto within a reasonable time following termination or expiration of this Agreement, Spinco shall use commercially reasonable efforts to deliver to Pluto, in the format then maintained by Spinco, any such Pluto Business
Data in its possession and stored electronically on its Information Systems (and not previously transferred to Pluto); provided that Spinco may retain one (1) copy of such Pluto Business Data for legal and compliance purposes. 

(c) To the extent that any right, title or interest in, to or under any Intellectual Property (including data) vests in either Party or its
Group, by operation of law or otherwise, in contravention of Section 4.1(a) or Section 4.1(b), such Party (the “Assigning Party”) hereby assigns, and shall cause the applicable
members of its Group to assign, perpetually and irrevocably, to the other Party or its designee (the “Assignee Party”) all such right, title and interest throughout the world in, to and under such Intellectual Property, free and
clear of all Liens and other 

  
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encumbrances, without the need for any further action by any Party or the applicable members of its Group and hereby waives, and shall cause the applicable members of its Group to waive, any
ownership in the foregoing in favor of the Assignee Party if such assignment does not take effect immediately for any reason. The Assigning Party shall, and shall cause the applicable members of its Group to, execute any and all assignments and
other documents necessary to perfect, register or record the Assignee Party’s right, title, and interest in, to and under such Intellectual Property. The Assigning Party further agrees to, and shall cause the applicable members of its Group to,
execute all further documents and assignments and take all further actions as may be necessary to perfect the Assignee Party’s title to such Intellectual Property or to register such Assignee Party as the exclusive owner of any applicable
registrable rights. 
 (d) Except as set forth in Section 4.1(a) and Section 4.1(b), the
members of the Spinco Group, on the one hand, and the members of the Pluto Group, on the other hand, retain all right, title and interest in, to and under their respective Intellectual Property, and except as set forth in
Section 4.2(a) and Section 4.2(b), no license or other right, express or implied, is granted to either Party or its Group with respect to the other Party’s or its Group’s Intellectual
Property under this Agreement. 
 (e) The Parties agree that neither Party or its Group will remove any trademark or copyright notices,
proprietary markings, trademarks or other indicia of ownership of the other Party or its Group from any materials of the other Party or its Group, except as required by the Separation Agreement or the other Ancillary Agreements. 

Section 4.2 License Grants. 

(a) Subject to Section 2.6 and the other terms and conditions of this Agreement, Spinco, on behalf of itself and the
other members of the Spinco Group, hereby grants to Pluto and the other members of the Pluto Group a worldwide, non-exclusive, non-sublicensable, non-transferable (except as provided in Section 9.4), royalty-free and fully paid-up, limited license to use Intellectual Property to the extent
licensable by the Spinco Group and used by the Spinco Group in connection with providing the Services, solely for the purpose of, and solely to the extent and for the duration required for, the Pluto Group to receive the Services during the Term.

 (b) Subject to Section 2.6 and the other terms and conditions of this Agreement, Pluto, on behalf of itself and
the other members of the Pluto Group, hereby grants to Spinco and the other members of the Spinco Group a worldwide, non-exclusive, non-sublicensable, non-transferable (except as provided in Section 9.4), royalty-free and fully paid-up, limited license to use Intellectual Property to the extent
licensable by the Pluto Group solely for the purpose of, and solely to the extent and for the duration required for, the Spinco Group and its Subcontractors to provide the Services during the Term. 

(c) The licenses granted in this Section 4.2 shall expire upon the earlier of the expiration of the Term or the end
of the Service Period for the applicable Service subject to such license (or, if earlier, the date on which the Service subject to such license is terminated in accordance with this Agreement). 

  
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 ARTICLE V 

INDEMNIFICATION AND LIMITATION OF LIABILITY 

Section 5.1 Indemnification. 

(a) Subject to the provisions of this Article V, and notwithstanding anything to the contrary in, and without limiting the
indemnification provisions set forth in, the Separation Agreement, the Business Combination Agreement or any other Ancillary Agreement, Spinco agrees to indemnify and hold harmless Pluto and the applicable members of the Pluto Group (collectively,
the “Pluto Indemnified Parties”) from and against any and all Losses that any such Pluto Indemnified Party suffers or incurs to the extent resulting from (i) the gross negligence, fraud or willful misconduct of Spinco or any
member of the Spinco Group in connection with this Agreement (including the provision of the Services) or (ii) a material breach by Spinco or any member of the Spinco Group of any covenant or agreement contained in this Agreement. 

(b) Subject to the provisions of this Article V, and notwithstanding anything to the contrary in, and without limiting the
indemnification provisions set forth in, the Separation Agreement, the Business Combination Agreement or any other Ancillary Agreement, Pluto agrees to indemnify and hold harmless Spinco and the applicable members of the Spinco Group (collectively,
the “Spinco Indemnified Parties”) from and against any and all Losses that any such Spinco Indemnified Party suffers or incurs to the extent resulting from (i) the provision (or use by the Pluto Group) of the Services, except
to the extent that such Losses result from (x) the gross negligence, fraud or willful misconduct of Spinco or any member of the Spinco Group in connection with this Agreement (including the provision of the Services) or (y) a material
breach by Spinco or any member of the Spinco Group of any covenant or agreement contained in this Agreement, or (ii) a material breach by Pluto or any member of the Pluto Group of any covenant or agreement contained in this Agreement. 

Section 5.2 Indemnification Procedures. Subject to the provisions of this Article V, Sections 4.04, 4.05, 4.06, 4.07, 4.08
and 4.10 of the Separation Agreement shall govern, mutatis mutandis, claims for indemnification under this Article V. 

Section 5.3 Sole Remedy/Waiver. From and after the Effective Date, recovery pursuant to this Article V shall constitute the
Parties’ sole and exclusive remedy for any and all Losses relating to or arising from this Agreement and the transactions contemplated hereby, and each Party hereby waives and releases, to the fullest extent permitted by applicable Law, any and
all other rights, remedies, claims and causes of action (including rights of contributions, if any), whether in contract, tort or otherwise, known or unknown, foreseen or unforeseen, which exist or may arise in the future, arising under or based
upon any federal, state, local or foreign Law that any Party may have against the other Party in respect of any breach of this Agreement; provided, however, that the foregoing shall not deny (a) any Party equitable remedies
(including injunctive relief or specific performance) when any such remedy is otherwise available under this Agreement or applicable Law or (b) any Party or its Affiliates any remedies under the Business Combination Agreement, the Separation
Agreement or any other Ancillary Agreement, and the foregoing shall not interfere with or impede the resolution of disputes pursuant to Article VIII. 

  
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 Section 5.4 Mitigation; Limitation on Liability. 

(a) Mitigation. The common law principles of the State of Delaware with respect to the mitigation of damages shall apply to this
Agreement. 
 (b) Limitation of Liability for Service Noncompliance. Notwithstanding anything to the contrary herein or in the
Separation Agreement, the Business Combination Agreement or any other Ancillary Agreement, Spinco’s maximum liability to, and (except with respect to claims seeking specific performance or other equitable relief) the sole remedy of, Pluto for
Service Noncompliance shall be the sum of (i) a refund of the aggregate amount of Service Fees actually paid to Spinco under this Agreement for the applicable Service and (ii) (A) if Pluto performs the applicable Service itself,
Pluto’s incremental cost of performing such Service itself or (B) if Pluto obtains the applicable Service from a third party, Pluto’s incremental cost of obtaining such Service from such third party; provided that, in each
case, Pluto shall exercise its commercially reasonable efforts under the circumstances to minimize the cost of any such alternatives to the applicable Service by selecting the most reasonably available cost-effective alternatives which provide the
functional equivalent of the Service being replaced. Pluto agrees that the receipt by any member of the Pluto Group of the Services shall be an unqualified acceptance of, and a waiver by, Pluto and the members of the Pluto Group of its and their
rights to assert any claim with respect to Service Noncompliance unless Pluto gives written notice of such Service Noncompliance to Spinco within the later of (i) forty-five (45) days after the date on which Pluto became aware of the
facts, events, occurrences or circumstances underlying such claim or (ii) seventy-five (75) days after receipt of the applicable Service by Pluto or the applicable member of the Pluto Group; provided that in no event shall Pluto be
entitled to give notice of Service Noncompliance more than twelve (12) months after receipt of the applicable Service by any member of the Pluto Group. 

(c) General Limitation of Liability. Notwithstanding anything to the contrary contained herein, except for gross negligence, fraud or
willful misconduct, in no event shall the Spinco Group’s liability for any claim under Section 5.1 or otherwise in connection with this Agreement or the Services exceed the aggregate Service Fees (and Cost-Plus Charges
and, if applicable, Extension Charges thereon), paid in respect of the twenty-four (24) calendar month period prior to the date on which the event giving rise to the claim occurred (or, (i) if such event occurred prior to the second
anniversary of the Effective Date and after the first anniversary of the Effective Date, the Service Fees (and Cost-Plus Charges thereon) paid in respect of the twelve (12) calendar month period prior to the date on which such event occurred
multiplied by two (2) and (ii) if such event occurred prior to the first anniversary of the Effective Date, the Services Fees (and Cost-Plus Charges thereon) paid in respect of the month prior to the date on which such event occurred multiplied
by twelve (12)). 
 (d) Special Damages. NOTWITHSTANDING ANY OTHER PROVISION OF THIS AGREEMENT, THE SEPARATION AGREEMENT, THE BUSINESS
COMBINATION AGREEMENT OR ANY OTHER ANCILLARY AGREEMENT TO THE CONTRARY, IN NO EVENT WILL EITHER PARTY OR ANY OF ITS GROUP MEMBERS BE LIABLE FOR ANY SPECIAL, INCIDENTAL, INDIRECT, COLLATERAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, LOST PROFITS SUFFERED
OR SIMILAR ITEMS (INCLUDING LOSS OF REVENUE, INCOME OR PROFITS, DIMINUTION OF 

  
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VALUE OR LOSS OF BUSINESS REPUTATION OR OPPORTUNITY), OR DAMAGES CALCULATED ON MULTIPLES OF EARNINGS OR OTHER METRIC APPROACHES, BY AN INDEMNIFIED PARTY, HOWEVER CAUSED AND ON ANY THEORY OF
LIABILITY, IN CONNECTION WITH ANY DAMAGES ARISING HEREUNDER OR THEREUNDER; PROVIDED, HOWEVER, THAT TO THE EXTENT AN INDEMNIFIED PARTY IS REQUIRED TO PAY ANY SPECIAL, INCIDENTAL, INDIRECT, COLLATERAL, CONSEQUENTIAL OR PUNITIVE DAMAGES,
LOST PROFITS OR SIMILAR ITEMS, OR DAMAGES CALCULATED ON MULTIPLES OF EARNINGS OR OTHER METRIC APPROACHES TO A PERSON WHO IS NOT A MEMBER OF EITHER GROUP IN CONNECTION WITH A THIRD PARTY CLAIM, SUCH DAMAGES WILL CONSTITUTE DIRECT DAMAGES AND NOT BE
SUBJECT TO THE LIMITATION SET FORTH IN THIS SECTION 5.4(D). 
 (e) EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS
AGREEMENT, EACH PARTY ACKNOWLEDGES AND AGREES THAT ALL SERVICES ARE PROVIDED ON AN “AS-IS” BASIS AND THAT SPINCO AND THE MEMBERS OF THE SPINCO GROUP MAKE NO EXPRESS OR IMPLIED REPRESENTATIONS OR
WARRANTIES WITH RESPECT TO THIS AGREEMENT, THE SERVICES TO BE PROVIDED UNDER THIS AGREEMENT OR OTHERWISE, INCLUDING WARRANTIES OF MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE, TITLE AND
NON-INFRINGEMENT OF ANY FIRMWARE, SOFTWARE OR HARDWARE PROVIDED OR USED HEREUNDER, AND ANY REPRESENTATIONS OR WARRANTIES ARISING FROM COURSE OF DEALING, COURSE OF PERFORMANCE OR TRADE USAGE, AND ALL SUCH
REPRESENTATIONS AND WARRANTIES ARE HEREBY EXPRESSLY DISCLAIMED. 
 ARTICLE VI 

CONFIDENTIALITY 

Section 6.1 Confidentiality. The confidentiality obligations of the Parties and their respective Groups with respect to
disclosures of information hereunder shall be governed, mutatis mutandis, by Section 6.08, Section 6.09 and Section 6.10 of the Separation Agreement. 

ARTICLE VII 
 TERM;
TERMINATION 
 Section 7.1 Term. The term of this Agreement (the “Term”) will commence on the Effective
Date and end on the earlier to occur of (a) the last date on which Spinco is obligated to provide any Service to the Pluto Group pursuant to this Agreement, (b) the termination of this Agreement pursuant to
Section 7.2 and (c) the mutual written agreement of the Parties to terminate this Agreement (and all Services hereunder) in its entirety. 

  
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 Section 7.2 Termination. Either Party (the “Non-Breaching Party”) may (subject to Section 2.2) terminate this Agreement at any time upon prior written notice to the other Party (the “Breaching Party”) if the
Breaching Party has materially breached or materially failed (other than pursuant to Section 9.14) to perform any of its covenants or agreements under this Agreement, and such breach or failure shall have continued without
cure for a period of forty-five (45) days after receipt by the Breaching Party of a written notice of such failure from the Non-Breaching Party seeking to terminate this Agreement; provided that non-payment by the Pluto Group for a Service provided by the Spinco Group in accordance with this Agreement shall be deemed a material breach of and material failure to perform Pluto’s covenants and agreements
for purposes of this Agreement if such non-payment is not cured within thirty (30) days following receipt of notice thereof. 

Section 7.3 Effect of Termination. Upon the expiration or termination of this Agreement pursuant to this Article VII, this
Agreement shall cease to have further force and effect, and neither Party shall have any liability or obligation to the other Party with respect to this Agreement; provided that: 

(a) termination or expiration of this Agreement for any reason shall not release a Party from any liability or obligation that already has
accrued as of the effective date of such termination or expiration, as applicable, or which may arise out of or in connection with such termination or expiration (including any
Out-of-Pocket Costs); and 
 (b) Article I
(Definitions), Section 2.7 (Transition Representatives), Section 2.9 (Independent Contractor), Section 4.1 (Ownership of Intellectual
Property), Article V (Indemnification and Limitation of Liability), Article VI (Confidentiality), this Section 7.3 (Effect of Termination), Article VIII (Dispute
Resolution) and Article IX (Miscellaneous) shall survive any termination or expiration of this Agreement and shall remain in full force and effect. 

ARTICLE VIII 

DISPUTE RESOLUTION 

Section 8.1 Dispute Resolution. The Parties shall attempt to resolve any dispute arising out of or in connection with this
Agreement or the transactions contemplated hereby as follows: 
 (a) The Parties shall cooperate in good faith to resolve all disputes on a
local level, through their respective Service Functional Leads and Transition Representatives, and shall use commercially reasonable efforts to initiate such efforts within five (5) Business Days after receipt of notice of any such dispute. If
such Service Functional Leads and Transition Representatives are unable to resolve the dispute within fifteen (15) Business Days, either Party may refer the dispute for resolution to the Senior Managers upon notice to the other Party. 

(b) Within five (5) Business Days of a notice under Section 8.1(a) referring a dispute for resolution by the
Senior Managers, each Party’s Transition Representative (or other employees) shall prepare and provide to its Senior Manager summaries of the relevant information and background of the dispute, along with any appropriate supporting
documentation. The Senior Managers will confer as often as they deem reasonably necessary in order to gather and exchange information, discuss the dispute and negotiate in good faith in an effort to resolve the dispute without the need for any
formal proceedings. 

  
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 (c) If the Parties are not able to resolve any dispute through the escalation process set
forth in Section 8.1(a) or Section 8.1(b) within thirty (30) days after the receipt by a Party of a notice under Section 8.1(a) referring such dispute to the Senior
Managers, then either Party shall have the right to refer such dispute to mediation by providing written notice to the other Party in accordance with procedures set forth in Section 7.02(b) of the Separation Agreement, and, following compliance
with such procedures, may submit such dispute to any court of competent jurisdiction in accordance with Section 7.03 and Section 7.04 of the Separation Agreement, which Sections 7.02(b), 7.03 and 7.04 shall apply mutatis mutandis to
this Article VIII. 
 ARTICLE IX 

MISCELLANEOUS 

Section 9.1 Notices. All notices and other communications between the Parties shall be in writing and shall be deemed to have been
duly given (a) when delivered in person, (b) when delivered after posting in the national mail having been sent registered or certified mail return receipt requested, postage prepaid, (c) when delivered by FedEx or other
internationally recognized overnight delivery service or (d) when delivered by facsimile (solely if receipt is confirmed) or email (so long as the sender of such email does not receive an automatic reply from the recipient’s email server
indicating that the recipient did not receive such email), addressed as follows: 
 If to Spinco, to: 

Viatris Inc. 
 1000 Mylan
Boulevard 
 Canonsburg, PA 15317 

Attention: Michael Goettler 

Email: Michael.goettler@viatris.com 

with copies (which shall not constitute notice) to: 

Viatris Inc. 
 1000 Mylan
Boulevard 
 Canonsburg, PA 15317 

Attention: Brian S. Roman, Global General Counsel 

Facsimile: (724) 514-1871 

Email: Brian.Roman@viatris.com 

Cravath, Swaine & Moore LLP 

825 8th Ave 
 New York, New York
10019 
 Attention:       Mark I. Greene 

                       
Thomas E. Dunn 

                       Aaron
M. Gruber 
 Email:            mgreene@cravath.com 

                       
tdunn@cravath.com 

  
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agruber@cravath.com 
 If to Pluto, to: 

Pfizer Inc. 
 235 East 42nd Street

 New York, New York 10017 

Attention:     Douglas M. Lankler 

                     Bryan A. Supran

 Facsimile:    (212) 573-0768 

Email:          douglas.lankler@pfizer.com 

                     
bryan.supran@pfizer.com 
 with a copy (which shall not constitute notice) to: 

Wachtell, Lipton, Rosen & Katz 

51 West 52nd Street 
 New York,
New York 10019 
 Attention:     Edward D. Herlihy 

                     David K. Lam 

                     Gordon S. Moodie

                      Zachary S.
Podolsky 
 Email:          EDHerlihy@WLRK.com 

                     DKLam@WLRK.com


                     GSMoodie@WLRK.com


                     
ZSPodolsky@WLRK.com 
 or to such other address or addresses as the Parties may from time to time designate in writing by like notice. 

Section 9.2 Amendments and Waivers. No provisions of this Agreement shall be deemed waived, amended, supplemented or modified by
either 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; provided that any
Exhibit or Schedule to this Agreement may be amended, supplemented or modified from time to time (for clarity, without the need for a formal written amendment signed by the Parties) to reflect changes agreed by the Parties’ respective
Transition Representatives in accordance with the terms of this Agreement and the Transition Plan (including to reflect changes in the provision of the Services pursuant to Section 2.3, the addition of Omitted Services pursuant to
Section 2.4 or changes to the Service Fees pursuant to Section 2.3, Section 2.4, Section 2.6 or Section 3.1(e)). 

  
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 Section 9.3 Governing Law Jurisdiction; WAIVER OF JURY TRIAL. 

(a) This Agreement and all Actions (whether in contract or tort) that may be based upon, arise out of or relate to this Agreement or the
negotiation, execution or performance hereof shall be governed by and construed in accordance with the Law of the State of Delaware, without regard to the choice of law or conflicts of law principles thereof. The Parties expressly waive any right
they may have, now or in the future, to demand or seek the application of a governing Law other than the Law of the State of Delaware. 
 (b)
Subject to the provisions of Article VIII, each of the Parties hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of the Court of Chancery of the State of Delaware or, if such court
shall not have jurisdiction, any federal court of the United States of America sitting in Delaware, and any appellate court from any appeal thereof, in any Action arising out of or relating to this Agreement or the transactions contemplated hereby,
and each of the Parties hereby irrevocably and unconditionally (i) agrees not to commence any such Action except in such courts, (ii) agrees that any claim in respect of any such Action may be heard and determined in the Court of Chancery
of the State of Delaware or, to the extent permitted by Law, in such federal court, (iii) waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any such
Action in the Court of Chancery of the State of Delaware or such federal court, (iv) waives, to the fullest extent permitted by Law, the defense of an inconvenient forum to the maintenance of such Action in the Court of Chancery of the State of
Delaware or such federal court and (v) consents to service of process in the manner provided for notices in Section 9.1. Nothing in this Agreement will affect the right of any Party to serve process in any other manner
permitted by Law. 
 (c) EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE
COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE IT HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE
TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (I) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK
TO ENFORCE EITHER OF SUCH WAIVERS, (II) IT UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF SUCH WAIVERS, (III) IT MAKES SUCH WAIVERS VOLUNTARILY AND (IV) IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE
MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 9.3(C). 
 Section 9.4 Assignment; Parties in
Interest. 
 (a) Except as provided in Section 9.4(b) and Section 9.4(c), neither
Party may assign its rights or delegate its duties under this Agreement without the written consent of the other Party. Any attempted assignment or delegation in breach of this Section 9.4 shall be null and void. This
Agreement shall be binding upon and inure to the benefit of the Parties and their respective permitted successors and assigns. Nothing expressed or implied in this Agreement is intended or shall be construed to confer upon or give any Person, other
than the Parties, any rights or remedies under or by reason of this Agreement, except for the indemnification rights under this Agreement of any Spinco Indemnified Party or Pluto Indemnified Party in their respective capacities as such (which is
intended to be for the benefit of the Persons covered thereby and may be enforced by such Persons). 

  
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 (b) Either Party may assign its rights and obligations under this Agreement to one or more
members of its Group without the other Party’s consent; provided that such member remains at all times during the Term a member of such Party’s Group; provided, further, that no such assignment shall release such
Party from its obligations under this Agreement. 
 (c) Spinco shall have the right to assign this Agreement or any rights or obligations
under this Agreement (i) to any Subcontractor; provided that no such assignment shall release Spinco from its obligations under this Agreement, and (ii) to any third party in connection with the sale, transfer or other disposal
by Spinco or any of its Affiliates of businesses or operations that provide Services under this Agreement. 
 Section 9.5 Captions;
Counterparts. The captions in this Agreement are for convenience only and shall not be considered a part of or affect the construction or interpretation of any provision of this Agreement. This Agreement may be executed in two (2) or more
counterparts (including by electronic or .pdf transmission), each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Delivery of any signature page by facsimile, electronic or .pdf
transmission shall be binding to the same extent as an original signature page. 
 Section 9.6 Entire Agreement; Conflicting
Agreements. 
 (a) This Agreement, the other Ancillary Agreements, the Separation Agreement, the Data Processing Agreement between the
Parties relating to the processing of personal information in connection with this Agreement (the “DPA”) and the Business Combination Agreement, including any related annexes, Exhibits and Schedules, as well as any other agreements
and documents referred to herein and therein, shall together constitute the entire agreement between the Parties relating to the transactions contemplated hereby and supersede any other agreements, whether written or oral, that may have been made or
entered into by or among any of the Parties or any of their respective Affiliates relating to the transactions contemplated hereby. 
 (b) In
the event of any inconsistency between this Agreement and any Exhibit or Schedule hereto with respect to any applicable Service, this Agreement shall control with respect to such Service unless explicitly provided for otherwise in such Exhibit or
Schedule. In the event and to the extent that there shall be a conflict among the provisions of this Agreement, the provisions of the DPA and the provisions of the Separation Agreement, this Agreement shall control with respect to the subject matter
hereof, the DPA shall control with respect to the subject matter thereof and the Separation Agreement shall control with respect to all other matters. 

  
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 Section 9.7 Severability. If any provision of this Agreement, or the application
of any provision to any Person or circumstance, is held invalid or unenforceable by any court of competent jurisdiction, the other provisions of this Agreement shall remain in full force and effect. The Parties further agree that if any provision
contained herein is, to any extent, held invalid or unenforceable in any respect under the Laws governing this Agreement, they shall take any actions necessary to render the remaining provisions of this Agreement valid and enforceable to the fullest
extent permitted by Law and, to the extent necessary, shall amend or otherwise modify this Agreement to replace any provision contained herein that is held invalid or unenforceable with a valid and enforceable provision giving effect to the intent
of the Parties. 
 Section 9.8 Specific Performance. Subject to the provisions of Article VIII, 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 who is, or is to be, thereby aggrieved shall have the right to specific performance and injunctive or other equitable relief in
respect of its rights under this Agreement. The Parties agree that the remedies at law for any breach or threatened breach, including monetary damages, are inadequate compensation for any loss hereunder and that any defense in any Action for
specific performance that a remedy at law would be adequate is waived. Any requirements for the securing or posting of any bond with such remedy are waived by each of the Parties. 

Section 9.9 No Set-Off. Except as expressly provided in this Agreement or as otherwise
mutually agreed to in writing by the Parties, neither Party nor any member of its Group shall have any right of set-off or other similar rights with respect to any amount required to be paid under this
Agreement by such Party or such member of its Group, on the one hand, to the other Party or any member of such other Party’s Group, on the other hand. 

Section 9.10 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. No failure or delay by a Party in exercising any right, power or privilege under this Agreement shall
operate as a waiver thereof, nor shall a single or partial exercise thereof prejudice any other or further exercise thereof or the exercise of any other right, power or privilege. 

Section 9.11 Interpretation. 

(a) Unless the context of this Agreement otherwise requires: 

(i) (A) words of any gender include each other gender and neuter form; (B) words using the singular or plural number
also include the plural or singular number, respectively; (C) derivative forms of defined terms will have correlative meanings; (D) the terms “hereof,” “herein,” “hereby,” “hereto,”
“herewith,” “hereunder” and derivative or similar words refer to this entire Agreement; (E) the terms “Article,” “Section,” “Exhibit,” and “Schedule” refer to the specified Article,
Section, Exhibit or Schedule of this Agreement and references to “paragraphs” or “clauses” shall be to separate paragraphs or clauses of the Section or subsection in which the reference occurs; (F) the words
“include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation”; (G) the word “or” shall be disjunctive but not exclusive; and (H) the word
“from” (when used in reference to a period of time) means “from and including” and the word “through” (when used in reference to a period of time) means “through and including”; 

  
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 (ii) references to any federal, state, local, or foreign statute or Law
shall (A) include all rules and regulations promulgated thereunder and (B) be to that statute or Law as amended, modified or supplemented from time to time; and 

(iii) references to any Person include references to such Person’s successors and permitted assigns, and in the case of
any Governmental Authority, to any Person succeeding to its functions and capacities. 
 (b) The language used in this Agreement shall be
deemed to be the language chosen by the Parties to express their mutual intent. The Parties acknowledge that each Party and its attorney has reviewed and participated in the drafting of this Agreement and that any rule of construction to the effect
that any ambiguities are to be resolved against the drafting Party, or any similar rule operating against the drafter of an agreement, shall not be applicable to the construction or interpretation of this Agreement. 

(c) Whenever this Agreement refers to a number of days, such number shall refer to calendar days unless Business Days are specified. If any
action is to be taken or given on or by a particular calendar day, and such calendar day is not a Business Day, then such action may be deferred until the next Business Day. 

(d) The phrase “to the extent” shall mean the degree to which a subject or other thing extends, and such phrase shall not mean simply
“if.” 
 (e) The terms “writing,” “written” and comparable terms refer to printing, typing and other means of
reproducing words (including electronic media) in a visible form. 
 (f) All monetary figures shall be in United States dollars unless
otherwise specified. 
 Section 9.12 Fulfillment of Obligations. Any obligation of any Party to any other Party under this
Agreement, which obligation is performed, satisfied or fulfilled by an Affiliate of such Party or member of such Party’s Group or any of its or their Subcontractors, shall be deemed to have been performed, satisfied or fulfilled by such Party.

 Section 9.13 Affiliate or Group Status. To the extent that a Party is required hereunder to take certain action with respect
to entities designated in this Agreement as such Party’s Affiliates or members of such Party’s Group, such obligation shall apply to such entities only during such period of time that such entities are Affiliates of such Party or members
of such Party’s Group, as applicable. To the extent that this Agreement requires an Affiliate of a Party or a member of a Party’s Group to take or omit to take any action, such obligation includes the obligation of such Party to cause such
Affiliate or member of its Group to take or omit to take such action. 
 Section 9.14 Force Majeure. Except for payment of
amounts due, neither Party shall be liable for any failure to perform or any delay in performing, and neither Party shall be deemed to be in breach or default of any of its covenants, agreements or obligations set forth in this Agreement, if, to the
extent and for so long as such failure, delay, breach or default is due to any force majeure, including but not limited to natural disasters, pandemics or other weather-

  
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related or natural conditions, the commencement, occurrence, continuation or intensification of any war (whether or not declared), sabotage, armed hostilities, civil unrest, military attacks or
acts of terrorism (including cyberattack or otherwise) or declaration of national emergency, civil disturbance, strike, lockout, slowdown, riot, energy shortage, embargo, acts of any Governmental Authority, systems failure, malfunction or
disruption, internet, electrical, power or other utilities failure, malfunction or disruption, or any other event, cause or occurrence beyond its reasonable control (a “Force Majeure”). In the event of any such Force Majeure, the
affected Party’s covenants, agreements and obligations under this Agreement that are excused under this Section 9.14 shall be postponed for such time as its performance is suspended or delayed on account thereof;
provided that each Party shall use commercially reasonable efforts to minimize the effect of any such event. Such Party will promptly notify the other Party in writing upon learning of the occurrence of any such event. Upon the cessation of
such event, the affected Party will use commercially reasonable efforts to resume its performance with the least practicable delay. For clarity, in the event of any such suspension or delay, the period for performance shall be extended for a period
equal to the time lost by reason of such suspension or delay. 
 Section 9.15 Local Country Agreements. Where required by Spinco
or Pluto to comply with applicable Law with respect to a country in connection with this Agreement, or as otherwise mutually agreed by the Parties, each Party shall cause the applicable member of its Group to enter into a local country agreement
(“LCA”) substantially in the form set forth in Exhibit D, with respect to such jurisdiction and solely to the extent necessary to provide for such compliance. Notwithstanding the foregoing, each of the Parties shall cause the
applicable members of their respective Groups receiving or providing Services in such countries to comply with this Agreement. Each Party shall be fully responsible and liable for all obligations of the members of its Group under an LCA (unless
otherwise expressly set forth therein) and shall have the right to enforce this Agreement (including the terms of all LCAs) on behalf of each member of its Group that enters into an LCA, and to assert all rights and exercise and receive the benefits
of all remedies of each such member of its Group hereunder, to the same extent as if such Party were such member of its Group. For clarity, the amounts paid pursuant to this Agreement and any LCA shall apply in aggregate across this Agreement and
the LCAs. Spinco shall have no right to receive payment more than once for the same Service Fee or other cost or expense. 
 [Signature
page follows] 

  
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 IN WITNESS WHEREOF, the Parties have duly executed this Agreement as of the date
first written above. 
  

			
	UPJOHN INC.
		
	By:	 	 /s/ Sanjeev Narula

		 	Name: Sanjeev Narula
		 	Title: Authorized Officer
	
	PFIZER INC.
		
	By:	 	 /s/ Douglas E. Giordano

		 	Name: Douglas E. Giordano
		 	 Title: Senior Vice President, Business

          Development



 [Signature Page to Transition Services Agreement (Spinco to Pluto)]