Document:

Form of Tax Matters Agreement

 Exhibit 10.1 
 FORM OF 
 TAX MATTERS AGREEMENT 

by and among 

MeadWestvaco Corporation, 
 Monaco SpinCo Inc., 
 and 

ACCO Brands Corporation 
 Dated as of [•] 

 TAX MATTERS AGREEMENT 

THIS TAX MATTERS AGREEMENT (this “Agreement”), dated as of [•], 2011, is by and among MeadWestvaco Corporation, a
Delaware corporation (“Parent”), Monaco SpinCo Inc., a Delaware corporation (“Spinco”) and ACCO Brands Corporation, a Delaware corporation (“Acquirer”). Each of Parent, Spinco and Acquirer is
sometimes referred to herein as a “Party” and, collectively, as the “Parties.” 
 WHEREAS,
Parent, directly and through its various subsidiaries, is engaged in the Parent Business and the Spinco Business; 
 WHEREAS,
the board of directors of Parent has determined that it is in the best interests of Parent and its shareholders to create a new publicly traded company which shall operate the Spinco Business; 

WHEREAS, Parent and Spinco have entered into the Separation Agreement pursuant to which (a) (i) Parent will, and will cause its
Subsidiaries to, transfer certain assets, liabilities, subsidiaries and businesses of Parent and its Subsidiaries to Spinco and its Subsidiaries, and (ii) Spinco will, and/or will cause one or more of its Subsidiaries to, transfer certain
assets, liabilities, subsidiaries and businesses to Parent and its Subsidiaries, as a result of which Spinco will own, directly and through its Subsidiaries, the Spinco Business and will not own, directly or indirectly through its Subsidiaries, any
of the Parent Business (the “Restructuring”), and (b) Parent will distribute the stock of Spinco to its shareholders (the “Distribution”) as described therein; 

WHEREAS, prior to consummation of the Restructuring and the Distribution, Parent was the common parent corporation of an affiliated group
of corporations within the meaning of Section 1504 of the Code; 
 WHEREAS, the Parties intend that, for U.S. federal
income Tax purposes, certain steps of the Restructuring and the Distribution shall qualify as tax-free transactions within the meaning of Sections 355(a) and 368(a)(1)(D) of the Code; 

WHEREAS, pursuant to the Agreement and Plan of Merger, dated November 17, 2011, among Parent, Spinco, Acquirer and Merger Sub, a
Delaware corporation and a wholly owned subsidiary of Acquirer, immediately following the Distribution, Merger Sub will merge with and into Spinco with Spinco surviving the merger; 

WHEREAS, the Parties wish to (a) provide for the payment of Tax liabilities and entitlement to refunds thereof, allocate
responsibility for, and cooperation in, the filing of Tax Returns, and provide for certain other matters relating to Taxes and (b) set forth certain covenants and indemnities relating to the preservation of the tax-free status of certain steps
of the Restructuring and the Distribution; and 
 WHEREAS, the Parties agree that (i) Spinco shall be responsible for all
known and unknown non-U.S. Income Taxes and Non-Income Taxes, in each case, of or attributable to the Spinco Business and the Spinco Group for any period (other than any Restructuring/Distribution Taxes) and (ii) Parent shall be responsible for
(A) all known and unknown U.S. Income Taxes 

 
attributable to the Spinco Business and the Spinco Group for any Pre-Closing Period, (B) all Restructuring/Distribution Taxes and (C) all Taxes for which any member of the Parent Group
may be liable, other than those Taxes described in clause (i) of this recital and Taxes attributable to a Spinco Disqualifying Action. 
 NOW, THEREFORE, in consideration of the foregoing and the terms, conditions, covenants and provisions of this Agreement, each of the Parties mutually covenants and agrees as follows: 

ARTICLE I 

DEFINITIONS 
 Section 1.01 General. As used in this Agreement, the following terms shall have the following meanings: 
 “Accounting Firm” has the meaning set forth in Section 8.01. 

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

“Adjustment” means an adjustment of any item of income, gain, loss, deduction, credit or any other item affecting Taxes
of a taxpayer pursuant to a Final Determination. 
 “Agreement” has the meaning set forth in the preamble to
this Agreement. 
 “Ancillary Agreement” has the meaning set forth in the Separation Agreement. 

“Benefited Party” has the meaning set forth in Section 4.01(b). 

“Carryback” has the meaning set forth in Section 4.02(b). 

“Closing Date” means the date on which the Distribution and the Merger are consummated. 

“Code” means the Internal Revenue Code of 1986, as amended. 

“Common Parent” means (a) for U.S. federal Income Tax purposes, the “common parent corporation” of an
“affiliated group” (in each case, within the meaning of Section 1504 of the Code) filing a U.S. federal consolidated Income Tax Return, or (b) for state, local or foreign income Tax purposes, the common parent (or the equivalent
thereof) of a Tax Group. 
 “Controlled 1” has the meaning set forth in the IRS Ruling Request. 

“Controlled 1 Contribution” has the meaning set forth in the IRS Ruling Request. 

“Counsel” means Wachtell, Lipton, Rosen & Katz. 

“Disqualifying Action” means a Parent Disqualifying Action or a Spinco Disqualifying Action. 

  
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 “Distributing 1” has the meaning set forth in the IRS Ruling Request.

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

“Due Date” means (a) with respect to a Tax Return, the date (taking into account all valid extensions) on which
such Tax Return is required to be filed under applicable Law and (b) with respect to a payment of Taxes, the date on which such payment is required to be made to avoid the incurrence of interest, penalties and/or additions to Tax. 

“Effective Time” has the meaning set forth in the Separation Agreement. 

“Employee Benefits Agreement” means the Employee Benefits Agreement by and between the Parties dated as of [•].

 “Extraordinary Transaction” means any action that is not in the Ordinary Course of Business, but shall not
include any action described in or contemplated by the Separation Agreement, the Merger Agreement or any Ancillary Agreement or that is undertaken pursuant to the Restructuring or the Distribution. 

“Fifty-Percent or Greater Interest” has the meaning ascribed to such term for purposes of Sections 355(d) and
(e) of the Code. 
 “Final Determination” means the final resolution of liability for any Tax for any
taxable period, by or as a result of (a) a final decision, judgment, decree or other order by any court of competent jurisdiction that can no longer be appealed, (b) a final settlement with the IRS, a closing agreement or accepted offer in
compromise under Sections 7121 or 7122 of the Code, or a comparable agreement under the Laws of other jurisdictions, which resolves the entire Tax liability for any taxable period, (c) any allowance of a refund or credit in respect of an
overpayment of Tax, but only after the expiration of all periods during which such refund or credit may be recovered by the jurisdiction imposing the Tax, or (d) any other final resolution, including by reason of the expiration of the
applicable statute of limitations or the execution of a pre-filing agreement with the IRS or other Taxing Authority. 

“Income Tax Return” means any Tax Return on which Income Taxes are reflected or reported. 

“Income Taxes” means any Taxes based upon, measured by, or calculated with respect to: (a) net income or profits or
net receipts (including, but not limited to, any capital gains, minimum Tax or any Tax on items of Tax preference, but not including sales, use, real or personal property, or transfer or similar Taxes) or (b) multiple bases (including corporate
franchise, doing business and occupation Taxes) if one or more bases upon which such Tax may be based, measured by, or calculated with respect to, is described in clause (a). 
 “Indemnified Party” means the Party which is entitled to seek indemnification from the other Party pursuant to the provisions of Article III. 

“Indemnifying Party” means the Party from which the other Party is entitled to seek indemnification pursuant to the
provisions of Article III. 

  
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 “Information” has the meaning set forth in Section 7.01(a).

 “Information Request” has the meaning set forth in Section 7.01(a). 

“Internal Spin-Off” has the meaning set forth in the IRS Ruling Request. For the avoidance of doubt, Distributing 1 is
the distributing corporation in the Internal Spin-Off and Controlled 1 is the controlled corporation in the Internal Spin-Off. 

“IRS” means the U.S. Internal Revenue Service or any successor thereto, including, but not limited to its agents,
representatives, and attorneys. 
 “IRS Ruling” means the U.S. federal income Tax ruling, and any supplements
thereto, issued to Parent by the IRS in connection with the Restructuring and the Distribution. 
 “IRS Ruling
Request” means any letter filed by Parent with the IRS requesting a ruling regarding certain tax consequences of the Transactions and any amendment or supplement to such ruling request letter. 

“Law” means any U.S. or non-U.S. federal, national, supranational, state, provincial, local or similar statute, law,
ordinance, regulation, rule, code, administrative pronouncement, order, requirement or rule of law (including common law). 

“Merger” has the meaning set forth in the Separation Agreement. 

“Mixed Business Income Tax Return” means any Income Tax Return (other than a Parent Consolidated Return), including any
consolidated, combined or unitary Income Tax Return, that reflects or reports Income Taxes that relate to at least one asset or activity that is part of the Parent Business, on the one hand, and at least one asset or activity that is part of the
Spinco Business, on the other hand. 
 “Mixed Business Non-Income Tax Return” means any Non-Income Tax Return
that reflects or reports Non-Income Taxes that relate to at least one asset or activity that is part of the Parent Business, on the one hand, and at least one asset or activity that is part of the Spinco Business, on the other hand. 

“Mixed Business Non-Income Taxes” means any U.S. federal, state or local, or foreign Non-Income Taxes attributable to
any Mixed Business Non-Income Tax Return. 
 “Mixed Business Non-U.S. Income Tax Return” means any Mixed
Business Income Tax Return on which Mixed Business Non-U.S. Income Taxes are reflected or reported. 
 “Mixed Business
Non-U.S. Income Taxes” means any foreign Income Taxes attributable to any Mixed Business Income Tax Return. 

“Mixed Business U.S. Income Tax Return” means any Mixed Business Income Tax Return on which Mixed Business U.S. Income
Taxes are reflected or reported. 

  
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 “Mixed Business U.S. Income Taxes” means any U.S. federal, state or local
Income Taxes attributable to any Mixed Business Income Tax Return. 
 “Mixed Return Preparing Party” has the
meaning set forth in Section 2.04(a)(iii). 
 “Mixed Return Reviewing Party” has the meaning set forth in
Section 2.04(a)(iii). 
 “Non-Income Tax Return” means any Tax Return relating to Taxes other than Income
Taxes. 
 “Non-Income Taxes” means any Taxes other than Income Taxes. 

“Notified Action” has the meaning set forth in Section 6.03(a). 

“Opinion” means the opinion of Counsel with respect to certain Tax aspects of the Transactions. 

“Ordinary Course of Business” means an action taken by a Person only if such action is taken in the ordinary course of
the normal day-to-day operations of such Person. 
 “Parent” has the meaning set forth in the preamble to this
Agreement. 
 “Parent Business” means the Parent Group’s packaging business and any other businesses
currently or formerly conducted by any member of the Parent Group, other than the Spinco Business. 
 “Parent
Consolidated Return” means the U.S. federal Income Tax Return required to be filed by Parent as the Common Parent. 

“Parent Consolidated Taxes” means any U.S. federal Income Taxes attributable to any Parent Consolidated Return.

 “Parent Disqualifying Action” means (a) any action (or the failure to take any action) within its
control by Parent or any Parent Entity (including entering into any agreement, understanding or arrangement or any negotiations with respect to any transaction or series of transactions) that, (b) any event (or series of events) involving the
capital stock of Parent, any assets of Parent or any assets of any Parent Entity that, or (c) any breach by Parent or any Parent Entity of any representation, warranty or covenant made by them in this Agreement that, in each case, would affect
the Tax-Free Status of the Transactions; provided, however, the term “Parent Disqualifying Action” shall not include any action described in or contemplated by the Separation Agreement, the Merger Agreement or any
Ancillary Agreement or that is undertaken pursuant to the Restructuring or the Distribution. 
 “Parent Entity”
means any Subsidiary of Parent immediately after the Effective Time. 
 “Parent Group” means, individually or
collectively, as the case may be, Parent and any Parent Entity. 

  
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 “Parent Taxes” means, without duplication, (a) any Taxes (including
any Taxes resulting from an Adjustment) of Parent or any Subsidiary or former Subsidiary of Parent for any Pre-Closing Period and, with respect to a Straddle Period, the portion of such period ending at the end of the day on the Closing Date
(determined in accordance with Section 2.05), (b) any Taxes attributable to a Parent Disqualifying Action, and (c) any Restructuring/Distribution Taxes, in each case other than Spinco Taxes. For the avoidance of doubt, Parent Taxes
include (1) Parent Consolidated Taxes for any Pre-Closing Period and, with respect to a Straddle Period, the portion of such period ending at the end of the day on the Closing Date (determined in accordance with Section 2.05),
(2) Mixed Business U.S. Income Taxes for any Pre-Closing Period and, with respect to a Straddle Period, the portion of such period ending at the end of the day on the Closing Date (determined in accordance with Section 2.05),
(3) Single Business Taxes that are U.S. Income Taxes (including such Taxes attributable to Tax Items properly attributable to assets or activities of the Spinco Business) for any Pre-Closing Period and, with respect to a Straddle Period, the
portion of such period ending at the end of the day on the Closing Date (determined in accordance with Section 2.05), (4) all Taxes attributable to Tax Items that are properly attributable to the assets or activities of the Parent Business
for any period and (5) Restructuring/Distribution Taxes, in each case other than any Taxes attributable to a Spinco Disqualifying Action. 
 “Party” and “Parties” have the meaning set forth in the preamble to this Agreement. 
 “Past Practice” means past practices, accounting methods, elections and conventions. 
 “Person” has the meaning set forth in the Separation Agreement. 

“Post-Closing Period” means any taxable period (or portion thereof) beginning after the Closing Date, including for the
avoidance of doubt, the portion of any Straddle Period beginning after the Closing Date. 
 “Pre-Closing
Period” means any taxable period (or portion thereof) ending on or before the Closing Date, including for the avoidance of doubt, the portion of any Straddle Period ending at the end of the day on the Closing Date. 

“Preparing Party” has the meaning set forth in Section 2.04(a)(ii). 

“Proposed Acquisition Transaction” means a transaction or series of transactions (or any agreement, understanding or
arrangement, within the meaning of Section 355(e) of the Code and Treasury Regulation Section 1.355-7, or any other regulations promulgated thereunder, to enter into a transaction or series of transactions), whether such transaction is
supported by Spinco management or shareholders, is a hostile acquisition, or otherwise, as a result of which Spinco would merge or consolidate with any other Person or as a result of which one or more Persons would (directly or indirectly) acquire,
or have the right to acquire, from Spinco and/or one or more holders of outstanding shares of Spinco capital stock, as the case may be, a number of shares of Spinco capital stock that would, when combined with any other direct or indirect changes in
ownership of Spinco capital stock pertinent for purposes of Section 355(e) of the Code (including the Merger), comprise 50% or more of (a) the value of all outstanding shares of stock of Spinco as of the date of such transaction, or in the
case of a series of transactions, the 

  
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date of the last transaction of such series, or (b) the total combined voting power of all outstanding shares of voting stock of Spinco as of the date of such transaction, or in the case of
a series of transactions, the date of the last transaction of such series. Notwithstanding the foregoing, a Proposed Acquisition Transaction shall not include (i) the adoption by Spinco or the Acquirer of, or the issuance of stock pursuant to,
a shareholder rights plan or (ii) issuances by Spinco that satisfy Safe Harbor VIII (relating to acquisitions in connection with a person’s performance of services) or Safe Harbor IX (relating to acquisitions by a retirement plan of an
employer) of Treasury Regulation Section 1.355-7(d). For purposes of determining whether a transaction constitutes an indirect acquisition, any recapitalization resulting in a shift of voting power or any redemption of shares of stock shall be
treated as an indirect acquisition of shares of stock by the non-exchanging shareholders (except to the extent provided otherwise in the IRS Ruling). This definition and the application thereof is intended to monitor compliance with
Section 355(e) of the Code and shall be interpreted accordingly. Any clarification of, or change in, the statute or regulations promulgated under Section 355(e) of the Code shall be incorporated in this definition and its interpretation.
For the avoidance of doubt, the Merger shall not constitute a Proposed Acquisition Transaction. 
 “Refund”
means any refund (or credit in lieu thereof) of Taxes (including any overpayment of Taxes that can be refunded or, alternatively, applied to other Taxes payable), including any interest paid on or with respect to such refund of Taxes;
provided, however, that for purposes of this Agreement, the amount of any Refund required to be paid to another Party shall be reduced by the net amount of any Income Taxes imposed on, related to, or attributable to, the receipt or
accrual of such Refund. 
 “Restriction Period” has the meaning set forth in Section 6.02(b). 

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

“Restructuring/Distribution Taxes” means (i) any Taxes imposed on or by reason of the Controlled 1 Contribution,
the Internal Spin-Off, the Restructuring or the Distribution (including Transfer Taxes), other than any such Taxes caused by a Disqualifying Action and (ii) any Taxes payable by reason of the distribution of cash or any other property from
Spinco to Parent (other than Spinco Securities). For the avoidance of doubt, Restructuring/Distribution Taxes include, without limitation, Taxes payable by reason of (1) deferred intercompany transactions or excess loss accounts triggered by
the Controlled 1 Contribution, the Internal Spin-Off, the Restructuring or the Distribution and (2) the settlement of intercompany receivables, payables, loans and other accounts between Spinco or any member of the Spinco Group, on the one
hand, and Parent and any member of the Parent Group, on the other hand, as contemplated by Section 1.6(c) of the Separation Agreement. 
 “Reviewing Party” has the meaning set forth in Section 2.04(a)(ii). 
 “Separation Agreement” means the Separation Agreement by and between Parent and Spinco dated as of November 17, 2011. 

“Single Business Return” means any Tax Return including any consolidated, combined or unitary Tax Return, that reflects
or reports Tax Items relating only to the Parent Business, on 

  
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the one hand, or the Spinco Business, on the other (but not both), whether or not the Person charged by Law to file such Tax Return is engaged in the business to which the Tax Return relates.

 “Single Business Return Preparing Party” has the meaning set forth in Section 2.04(b)(i). 

“Single Business Return Reviewing Party” has the meaning set forth in Section 2.04(b)(i). 

“Single Business Taxes” means any U.S. federal, state or local, or foreign Taxes attributable to any Single Business
Return. 
 “Spinco” has the meaning set forth in the preamble to this Agreement. 

“Spinco Business” has the meaning set forth for “SpinCo Business” in the Separation Agreement. 

“Spinco Disqualifying Action” means (a) any action (or the failure to take any action) within its control by Spinco
or any Spinco Entity (including entering into any agreement, understanding or arrangement or any negotiations with respect to any transaction or series of transactions) that, (b) any event (or series of events) involving the capital stock of
Spinco, any assets of Spinco or any assets of any Spinco Entity that, or (c) any breach by Spinco or any Spinco Entity of any representation, warranty or covenant made by them in this Agreement that, in each case, would affect the Tax-Free
Status of the Transactions; provided, however, that (i) the term “Spinco Disqualifying Action” shall not include any action described in or contemplated by the Separation Agreement, the Merger Agreement or any
Ancillary Agreement or that is undertaken pursuant to the Restructuring or the Distribution, and (ii) in the event that Parent shall have waived the condition set forth in Section [9.2(e)] of the Merger Agreement, the term “Spinco
Disqualifying Action” shall not include any action taken by Spinco, Acquirer or any Spinco Entitiy (A) prior to the date of such waiver by Parent or (B) on or after the date of such waiver by Parent unless, prior to consummating the
Distribution, Parent shall have received an Unqualified Tax Opinion in form and substance reasonably satisfactory to Acquirer, confirming the Tax-Free Status of the Transactions. 

“Spinco Employee” has the meaning set forth in Section 4.04(b). 

“Spinco Entity” means any Subsidiary of Spinco immediately after the Effective Time. 

“Spinco Group” means, individually or collectively, as the case may be, Spinco and any Spinco Entity. 

“Spinco Securities” has the meaning set forth in the Merger Agreement. 

“Spinco Taxes” means, without duplication, (a) any Taxes of Parent or any Subsidiary or former Subsidiary of Parent
attributable to the Tax Items properly attributable to assets or activities of the Spinco Business (excluding any (i) Parent Consolidated Taxes for any Pre-Closing Period and, with respect to a Straddle Period, the portion of such period ending
at the end of the day on the Closing Date (determined in accordance with Section 2.05), (ii) Mixed 

  
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Business U.S. Income Taxes for any Pre-Closing Period and, with respect to a Straddle Period, the portion of such period ending at the end of the day on the Closing Date (determined in accordance
with Section 2.05), (iii) Restructuring/Distribution Taxes, and (iv) Taxes attributable to any discontinued operations of Parent or any Subsidiary or former Subsidiary of Parent (provided that the operations of any entity or business
to which Parent or any such Subsidiary or former Subsidiary of Parent is a successor shall not be treated as a discontinued operation), and (b) any Taxes attributable to a Spinco Disqualifying Action, in each case including any Taxes resulting
from an Adjustment. For the avoidance of doubt, Spinco Taxes shall (1) include (A) any Mixed Business Non-U.S. Income Taxes, which Taxes shall be computed by including only the Tax Items properly attributable to the Spinco Business and
excluding any Tax Items properly attributable to the Parent Business, (B) any Mixed Business Non-Income Taxes and (C) any Single Business Taxes that are not U.S. Income Taxes, in each case attributable to the Tax Items properly
attributable to assets or activities of the Spinco Business, and (2) not include (A) any Taxes for any period that are attributable to the Tax Items properly attributable to the assets or activities of the Parent Business, (B) any
Mixed Business U.S. Income Taxes, (C) any Single Business Taxes that are U.S. Income Taxes (including such Taxes attributable to Tax Items properly attributable to assets or activities of the Spinco Business) for any Pre-Closing Period and,
with respect to a Straddle Period, the portion of such period ending at the end of the day on the Closing Date (determined in accordance with Section 2.05), and (D) any Taxes attributable to a Parent Disqualifying Action. For the further
avoidance of doubt, (i) any Tax Return for any entity set forth on Schedule 1.01 shall be a Single Business Return, (ii) any such Tax Return shall be treated as including assets or activities relating only to the Spinco Business, and
(iii) any Taxes attributable to such Tax Return shall be treated as Spinco Taxes. Parent, Augusta and Spinco shall cooperate in good faith in the preparation of Schedule 1.01. 

“Straddle Period” means any taxable period that begins on or before and ends after the Closing Date. 

“Subsidiary” has the meaning set forth in the Separation Agreement. 

“Tax” means (a) all taxes, charges, fees, duties, levies, imposts, or other similar assessments, imposed by any
U.S. federal, state or local or foreign governmental authority, including, but not limited to, net income, gross income, gross receipts, excise, real property, personal property, sales, use, service, service use, license, lease, capital stock,
transfer, recording, franchise, business organization, occupation, premium, environmental, windfall profits, profits, customs, duties, payroll, wage, withholding, social security, employment, unemployment, insurance, severance, workers compensation,
excise, stamp, alternative minimum, estimated, value added, ad valorem and other taxes, charges, fees, duties, levies, imposts, or other similar assessments, (b) any interest, penalties or additions attributable thereto and (c) all
liabilities in respect of any items described in clauses (a) or (b) payable by reason of assumption, transferee or successor liability, operation of Law or Treasury Regulation Section 1.1502-6(a) (or any predecessor or successor
thereof or any analogous or similar provision under Law). 
 “Tax Attributes” means net operating losses,
capital losses, investment tax credit carryovers, earnings and profits, foreign tax credit carryovers, overall foreign losses, previously taxed income, separate limitation losses and any other losses, deductions, credits or other comparable items
that could affect a Tax liability for a past or future taxable period. 

  
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 “Tax Benefit” means any refund, credit, or other reduction in Tax payments
otherwise required to be made to a Taxing Authority. 
 “Tax-Free Status of the Transactions” means the
qualification of (A) each of the Controlled 1 Contribution and the Restructuring as a transaction described in Section 1032 of the Code, and (B) the Controlled 1 Contribution and the Internal Spin-Off, taken together, and the
Restructuring and the Distribution, taken together, each (a) as a reorganization described in Sections 355(a) and 368(a)(1)(D) of the Code, (b) as a transaction in which the stock of Controlled 1, Spinco Common Stock (as defined in the
Separation Agreement) or Spinco Securities distributed thereby is property with respect to which no gain is recognized pursuant to Section 361(b) of the Code and is “qualified property” for purposes of Sections 355(d), 355(e) and
361(c) of the Code, and (c) as a transaction in which Parent and the shareholders of Parent, respectively, recognize no income or gain pursuant to Section 355(a) of the Code, other than, in the case of Parent or any Subsidiary of Parent,
any income or gain recognized as a result of intercompany items or excess loss accounts being taken into account pursuant to Treasury Regulations promulgated pursuant to Section 1502 of the Code or any Restructuring/Distribution Taxes.

 “Tax Group” means any U.S. federal, state, local or foreign affiliated, consolidated, combined, unitary
or similar group or fiscal unity that joins in the filing of a single Tax Return. 
 “Tax Item” means any item
of income, gain, loss, deduction, credit, recapture of credit or any other item which increases or decreases Taxes paid or payable. 
 “Tax Materials” has the meaning set forth in Section 6.01(a). 
 “Tax Matter” has the meaning set forth in Section 7.01(a). 

“Tax Package” means all relevant Tax-related information relating to the operations of the Parent Business or the Spinco
Business, as applicable, that is reasonably necessary to prepare and file the applicable Tax Return. 
 “Tax
Proceeding” means any audit, assessment of Taxes, pre-filing agreement, other examination by any Taxing Authority, proceeding, appeal of a proceeding or litigation relating to Taxes, whether administrative or judicial, including proceedings
relating to competent authority determinations. 
 “Tax Return” means any return, report, certificate, form or
similar statement or document (including any related or supporting information or schedule attached thereto and any information return, or declaration of estimated Tax) required to be supplied to, or filed with, a Taxing Authority in connection with
the payment, determination, assessment or collection of any Tax or the administration of any Laws relating to any Tax and any amended Tax return or claim for refund. 
 “Taxing Authority” means any governmental authority or any subdivision, agency, commission or entity thereof or any quasi-governmental or private body having jurisdiction over the
assessment, determination, collection or imposition of any Tax (including the IRS). 

  
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 “Transaction Agreement” means this Agreement, the Merger Agreement, the
Separation Agreement, the Employee Benefits Agreement and the Transition Services Agreement (as defined in the Merger Agreement). 
 “Transactions” means the Restructuring, the Distribution and the other transactions contemplated by the Separation Agreement, the Merger Agreement and the Ancillary Agreements.

 “Transfer Taxes” means all sales, use, transfer, real property transfer, intangible, recordation,
registration, documentary, stamp or similar Taxes imposed on the Restructuring or the Distribution. 
 “Treasury
Regulations” means the final and temporary (but not proposed) income Tax regulations promulgated under the Code, as such regulations may be amended from time to time (including corresponding provisions of succeeding regulations).

 “Unqualified Tax Opinion” means a “will” opinion, without substantive qualifications, of a
nationally recognized law or accounting firm, which firm is reasonably acceptable to Parent, to the effect that a transaction will not affect the Tax-Free Status of the Transactions. 

“U.S.” means the United States of America. 
 “U.S. Income Taxes” means any Income Taxes imposed by or payable to the United States, any State or any political subdivision of the United States or any State. 

Section 1.02 Additional Definitions. Capitalized terms not defined in this Agreement shall have the meaning ascribed to them
in the Separation Agreement. 
 ARTICLE II 
 PREPARATION, FILING AND PAYMENT OF TAXES SHOWN DUE ON TAX RETURNS 

Section 2.01 U.S. Income Tax Returns. 
 (a) Parent Consolidated Returns. Parent shall prepare and file all Parent Consolidated Returns for a Pre-Closing Period or a Straddle Period, and shall pay all Taxes shown to be due and payable on
such Tax Returns; provided that Spinco shall reimburse Parent for any such Taxes attributable to a Spinco Disqualifying Action. 
 (b) Extraordinary Transactions. Notwithstanding anything to the contrary in this Agreement, for all Tax purposes, the Parties shall report any Extraordinary Transactions that are caused or
permitted by Spinco or any Spinco Entity on the Closing Date after the Effective Time as occurring on the day after the Closing Date pursuant to Treasury Regulation Section 1.1502-76(b)(1)(ii)(B) or any similar or analogous provision of state,
local or foreign Law. 
 (c) Mixed Business U.S. Income Tax Returns. 

  
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 (i) Parent shall prepare and file (or cause a Parent Entity to prepare and
file) any Mixed Business U.S. Income Tax Return for a Pre-Closing Period or a Straddle Period required to be filed by Parent or a Parent Entity and shall pay, or cause such Parent Entity to pay, all Taxes shown to be due and payable on such Tax
Return; provided that Spinco shall reimburse Parent for any Taxes attributable to a Spinco Disqualifying Action. 
 (ii) Spinco shall prepare and file (or cause a Spinco Entity to prepare and file) any Mixed Business U.S. Income Tax Return for a Pre-Closing Period or a Straddle Period required to be filed by Spinco or
a Spinco Entity after the Closing Date, if any, and shall pay, or cause such Spinco Entity to pay, all Taxes shown to be due and payable on such Tax Return; provided that Parent shall reimburse Spinco for all such Taxes that are Parent Taxes.

 (d) Single Business U.S. Income Tax Returns. 

(i) Parent shall prepare and file (or cause a Parent Entity to prepare and file) any Single Business Return that relates
to U.S. Income Taxes for a Pre-Closing Period or a Straddle Period required to be filed by Parent or a Parent Entity, if any, and shall pay, or cause such Parent Entity to pay, all Taxes shown to be due and payable on such Tax Return;
provided that Spinco shall reimburse Parent for any Taxes attributable to a Spinco Disqualifying Action. 

(ii) Spinco shall prepare and file (or cause a Spinco Entity to prepare and file) any Single Business Return that relates
to U.S. Income Taxes for a Pre-Closing Period or a Straddle Period required to be filed by Spinco or a Spinco Entity after the Closing Date, if any, and shall pay, or cause such Spinco Entity to pay, all Taxes shown to be due and payable on such Tax
Return; provided that Parent shall reimburse Spinco for all such Taxes that are Parent Taxes. 
 Section 2.02
Mixed Business Non-U.S. Income Tax Returns and Mixed Business Non-Income Tax Returns. 
 (a) Parent shall prepare and file
(or cause a Parent Entity to prepare and file) any Mixed Business Non-U.S. Income Tax Return and any Mixed Business Non-Income Tax Return for a Pre-Closing Period or a Straddle Period required to be filed by Parent or a Parent Entity and shall pay,
or cause such Parent Entity to pay, all Taxes shown to be due and payable on such Tax Return; provided that Spinco shall reimburse Parent for any such Taxes that are Spinco Taxes (for the avoidance of doubt taking into account those payments
(if any) of Taxes with respect to such Tax Return made on or prior to the Closing Date). 
 (b) Spinco shall prepare and file (or
cause a Spinco Entity to prepare and file) any Mixed Business Non-U.S. Income Tax Return and any Mixed Business Non-Income Tax Returns, in each case for a Pre-Closing Period or a Straddle Period required to be filed by Spinco or a Spinco Entity
after the Closing Date, and Spinco shall pay, or cause such Spinco Entity to pay, all Taxes shown to be due and payable on such Tax Return; provided that Parent shall reimburse Spinco for all such Taxes that are Parent Taxes (for the
avoidance of doubt taking into 

  
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account those payments (if any) of Taxes with respect to such Tax Return made on or prior to the Closing Date). 
 Section 2.03 Single Business Returns. Except as set forth in Section 2.01(d), (a) Parent shall prepare and file (or cause a Parent Entity to prepare and file) any Single Business
Return for a Pre-Closing Period or a Straddle Period required to be filed by Parent or a Parent Entity and shall pay, or cause such Parent Entity to pay, all Taxes shown to be due and payable on such Tax Return; provided that Spinco shall
reimburse Parent for any such Taxes that are Spinco Taxes (for the avoidance of doubt taking into account those payments (if any) of Taxes with respect to such Tax Return made on or prior to the Closing Date), and (b) Spinco shall prepare and
file (or cause a Spinco Entity to prepare and file) any Single Business Return for a Pre-Closing Period or a Straddle Period required to be filed by Spinco or a Spinco Entity and shall pay, or cause such Spinco Entity to pay, all Taxes shown to be
due and payable on such Tax Return; provided that Parent shall reimburse Spinco for any such Taxes that are Parent Taxes (for the avoidance of doubt taking into account those payments (if any) of Taxes with respect to such Tax Returns made on
or prior to the Closing Date). 
 Section 2.04 Tax Return Procedures. 

(a) Procedures relating to Tax Returns other than Single Business Returns. 

(i) Parent Consolidated Returns. With respect to all Parent Consolidated Returns, Parent shall determine in its
sole discretion whether to elect ratable allocation under Treasury Regulation Section 1.1502-76. To the extent that the positions taken on any Parent Consolidated Return would reasonably be expected to materially adversely affect the Tax
position of Spinco or any Spinco Entity for any period after the Closing, Parent shall prepare the portions of such Parent Consolidated Returns that relate to the Spinco Business in a manner that is consistent with Past Practice unless otherwise
required by applicable Law and shall provide a draft of such portions of such Parent Consolidated Return to Spinco for its review and comment at least thirty (30) days prior to the Due Date for such Parent Consolidated Return, provided,
however, that nothing herein shall prevent Parent from timely filing any such Parent Consolidated Return. The Parties shall negotiate in good faith to resolve all disputed issues. Any disputes that the Parties are unable to resolve shall be resolved
by the Accounting Firm pursuant to Section 8.01. In the event that any dispute is not resolved (whether pursuant to good faith negotiations among the Parties or by the Accounting Firm) prior to the Due Date for the filing of any Parent
Consolidated Return, such Parent Consolidated Return shall be timely filed by Parent and the Parties agree to amend such Parent Consolidated Return as necessary to reflect the resolution of such dispute in a manner consistent with such resolution.

 (ii) Mixed Business U.S. Income Tax Returns. To the extent that the positions taken on any Mixed
Business U.S. Income Tax Return would reasonably be expected to materially adversely affect the Tax position of the party other than the party that is required to prepare and file any such Tax Return pursuant to Section 2.01 (the
“Reviewing Party”) for any period after the Closing, the party required to prepare and file such Tax Return (the “Preparing Party”) shall prepare the portions of such Mixed

  
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Business U.S. Income Tax Return that relates to the business of the Reviewing Party (the Spinco Business or the Parent Business, as the case may be) in a manner that is consistent with Past
Practice unless otherwise required by applicable Law and shall provide a draft of such portion of such Mixed Business U.S. Income Tax Return to the Reviewing Party for its review and comment at least thirty (30) days prior to the Due Date for
such Mixed Business U.S. Income Tax Return, provided, however, that nothing herein shall prevent the Preparing Party from timely filing any such Mixed Business U.S. Income Tax Return. In the event that Past Practice is not applicable to a particular
item or matter, the Preparing Party shall determine the reporting of such item or matter in good faith. The Parties shall negotiate in good faith to resolve all disputed issues. Any disputes that the Parties are unable to resolve shall be resolved
by the Accounting Firm pursuant to Section 8.01. In the event that any dispute is not resolved (whether pursuant to good faith negotiations among the Parties or by the Accounting Firm) prior to the Due Date for the filing of any Mixed Business
U.S. Income Tax Return, such Mixed Business U.S. Income Tax Return shall be timely filed by the Preparing Party and the Parties agree to amend such Mixed Business U.S. Income Tax Return as necessary to reflect the resolution of such dispute in a
manner consistent with such resolution. 
 (iii) Mixed Business Tax Returns. The party that is required to
prepare and file any Mixed Business Non-U.S. Income Tax Return or Mixed Business Non-Income Tax Return pursuant to Section 2.02 (the “Mixed Return Preparing Party”) shall prepare any such Tax Returns consistent with Past
Practice unless otherwise required by Law. In the event that Past Practice is not applicable to a particular item or matter, the Mixed Return Preparing Party shall determine the reporting of such item or matter in good faith. The Mixed Return
Preparing Party shall submit to the other party (the “Mixed Return Reviewing Party”) a draft of any such Tax Return (or to the extent practicable the portion of such Tax Return that relates to Taxes for which the Mixed Return
Reviewing Party is responsible pursuant to this Agreement) along with a statement setting forth the calculation of the Tax shown due and payable on such Tax Return reimbursable by the Mixed Return Reviewing Party under Section 2.02 at least
thirty (30) days prior to the Due Date for such Tax Return, provided, however, that nothing herein shall prevent the Mixed Return Preparing Party from timely filing any such Mixed Business Non-U.S. Income Tax Return or Mixed Business Non-Income
Tax Return. The Parties shall negotiate in good faith to resolve all disputed issues. Any disputes that the Parties are unable to resolve shall be resolved by the Accounting Firm pursuant to Section 8.01. In the event that any dispute is not
resolved (whether pursuant to good faith negotiations among the Parties or by the Accounting Firm) prior to the Due Date for the filing of any Mixed Business Non-U.S. Income Tax Return or Mixed Business Non-Income Tax Return, such Mixed Business
Non-U.S. Income Tax Return or Mixed Business Non-Income Tax Return, as applicable, shall be timely filed by the Mixed Return Preparing Party and the Parties agree to amend such Mixed Business Non-U.S. Income Tax Return or Mixed Business Non-Income
Tax Return, as applicable, as necessary to reflect the resolution of such dispute in a manner consistent with such resolution. 

(b) Procedures relating to Single Business Returns. The Party that is required to prepare and file any Single Business Return
pursuant to Section 2.01(d) or 2.03 (the “Single  

  
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Business Return Preparing Party”) which reflects Taxes which are reimbursable by the other Party (the “Single Business Return Reviewing Party”), in whole or in part,
shall (x) unless otherwise required by Law or agreed to in writing by the Single Business Return Reviewing Party, prepare such Tax Return in a manner consistent with Past Practice to the extent such items affect the Taxes for which the Single
Business Return Reviewing Party is responsible pursuant to this Agreement, and (y) submit to the Single Business Return Reviewing Party a draft of any such Tax Return (or to the extent practicable the portion of such Tax Return that relates to
Taxes for which the Single Business Return Reviewing Party is responsible pursuant to this Agreement) along with a statement setting forth the calculation of the Tax shown due and payable on such Tax Return reimbursable by the Single Business Return
Reviewing Party under Section 2.01(d) or 2.03 at least thirty (30) days prior to the Due Date for such Tax Return provided, however, that nothing herein shall prevent the Single Business Return Preparing Party from timely filing any such
Single Business Return. The Parties shall negotiate in good faith to resolve all disputed issues. Any disputes that the Parties are unable to resolve shall be resolved by the Accounting Firm pursuant to Section 8.01. In the event that any
dispute is not resolved (whether pursuant to good faith negotiations among the Parties or by the Accounting Firm) prior to the Due Date for the filing of any Single Business Return, such Single Business Return shall be timely filed by the Single
Business Return Preparing Party and the Parties agree to amend such Single Business Return as necessary to reflect the resolution of such dispute in a manner consistent with such resolution. 

(c) Notwithstanding anything to the contrary in this Article II, the portion of any Tax Return that relates to any
Restructuring/Distribution Taxes or any Taxes attributable to a Parent Disqualifying Action shall be prepared by Parent in the manner determined by Parent in its sole discretion (or, if such Tax Return is required to be prepared by Spinco, be
prepared by Spinco in the manner determined by Parent in its sole discretion), provided, however, that to the extent such Tax Return relates to any Taxes other than U.S. federal, state or local Taxes, Parent shall provide a draft of
such portion of any such Tax Return to Spinco for its review and comment at least thirty (30) days prior to the Due Date for such Tax Return provided, however, that nothing herein shall prevent Parent from timely filing any such Tax Return. The
Parties shall negotiate in good faith to resolve all disputed issues. Any disputes that the Parties are unable to resolve shall be resolved by the Accounting Firm pursuant to Section 8.01. In the event that any dispute is not resolved (whether
pursuant to good faith negotiations among the Parties or by the Accounting Firm) prior to the Due Date for the filing of any such Tax Return, such Tax Return shall be timely filed by Parent and the Parties agree to amend such Tax Return as necessary
to reflect the resolution of such dispute in a manner consistent with such resolution. 
 Section 2.05 Straddle Period
Tax Allocation. Parent and Spinco shall take all actions necessary or appropriate to close the taxable year of Spinco and each Spinco Entity for all Tax purposes as of the close of the Closing Date to the extent required by applicable Law. If
applicable Law does not require Spinco or a Spinco Entity, as the case may be, to close its taxable year on the Closing Date, then the allocation of income or deductions required to determine any Taxes or other amounts attributable to the portion of
the Straddle Period ending on, or beginning after, the Closing Date shall be made by means of a closing of the books and records of Spinco or such Spinco Entity as of the close of the Closing Date; provided that exemptions, allowances or
deductions that are calculated on an annual or periodic basis shall be allocated between such portions in proportion to the number of days in each such portion. 

  
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 Section 2.06 Timing of Payments. All Taxes required to be paid or caused to be
paid pursuant to this Article II by either Parent or a Parent Entity or Spinco or a Spinco Entity, as the case may be, to an applicable Taxing Authority or reimbursed by Parent or Spinco to the other Party pursuant to this Agreement, shall, in the
case of a payment to a Taxing Authority, be paid on or before the Due Date for the payment of such Taxes and, in the case of a reimbursement to the other Party, be paid at least two (2) business days before the Due Date for the payment of such
Taxes by the other Party. 
 Section 2.07 Expenses. Except as provided in Section 8.01 in respect of the
Accounting Firm, each Party shall bear its own expenses incurred in connection with this Article II. 
 Section 2.08
Apportionment of Spinco Taxes. For all purposes of this Agreement, but subject to Section 4.03, Parent, on the one hand, and Spinco and Acquirer, on the other hand, shall jointly determine in good faith which Tax Items are properly
attributable to assets or activities of the Spinco Business (and in the case of a Tax Item that is properly attributable to both the Spinco Business and the Parent Business, the allocation of such Tax Item between the Spinco Business and the Parent
Business) in a manner consistent with the provisions hereof and any disputes shall be resolved by the Accounting Firm in accordance with Section 8.01. 
 ARTICLE III 
 INDEMNIFICATION 

Section 3.01 Indemnification by Parent. Parent shall pay, and shall indemnify and hold Spinco harmless from and against,
without duplication, (a) all Parent Taxes, (b) all Taxes incurred by Spinco or any Spinco Entity by reason of the breach by Parent of any of its representations, warranties or covenants hereunder, and (c) any costs and expenses
related to the foregoing (including reasonable attorneys’ fees and expenses). 
 Section 3.02 Indemnification by
Spinco. Spinco shall pay, and shall indemnify and hold the Parent harmless from and against, without duplication, (a) all Spinco Taxes, (b) all Taxes incurred by Parent or any Parent Entity by reason of the breach by Spinco of any of
its representations, warranties or covenants hereunder, and (c) any costs and expenses related to the foregoing (including reasonable attorneys’ fees and expenses). 
 Section 3.03 Characterization of and Adjustments to Payments. 
 (a) For
all Tax purposes, Parent and Spinco agree to treat (i) any payment required by this Agreement (other than payments with respect to interest accruing after the Closing Date) as either a contribution by Parent to Spinco or a distribution by
Spinco to Parent, as the case may be, occurring immediately prior to the Closing Date and (ii) any payment of non-federal Taxes by or to a Taxing Authority or any payment of interest as taxable or deductible, as the case may be, to the Party
entitled under this Agreement to retain such payment or required under this Agreement to make such payment, in either case except as otherwise required by applicable Law. 

  
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 (b) Any indemnity payment under this Article III shall be decreased to take into
account an amount equal to the present value of any Tax Benefit made allowable to the Indemnified Party (which Tax Benefit would not have arisen or been allowable but for such indemnified liability). If Spinco makes an indemnity payment to Parent
for Spinco Taxes attributable to a Spinco Disqualifying Action, such indemnity payment shall be increased to take into account any inclusion in income of Parent arising from the receipt of such indemnity payment. For purposes hereof, any inclusion,
reduction or Tax Benefit shall be determined (i) using the highest marginal rate in effect at the time of the determination, (ii) assuming that the Indemnified Party will be liable for Taxes at such rate and has no Tax Attributes at the
time of the determination, and (iii) assuming that any Tax Benefit is used at the earliest date allowable by applicable Law. The present value referred to in the preceding sentence shall be determined using a discount rate equal to the mid term
applicable federal rate in effect at the time of the payment of the relevant indemnity payment. 
 Section 3.04 Timing
of Indemnification Payments. Indemnification payments in respect of any liabilities for which an Indemnified Party is entitled to indemnification pursuant to this Article III shall be paid by the Indemnifying Party to the Indemnified Party
within ten (10) days after written notification thereof by the Indemnified Party, including reasonably satisfactory documentation setting forth the basis for, and calculation of, the amount of such indemnification payment. 

ARTICLE IV 

REFUNDS, CARRYBACKS, TIMING DIFFERENCE AND TAX ATTRIBUTES 
 Section 4.01 Refunds. 
 (a) Except as provided in Section 4.02,
Parent shall be entitled to all Refunds of Taxes for which Parent is responsible pursuant to Article III, and Spinco shall be entitled to all Refunds of Taxes for which Spinco is responsible pursuant to Article III. A Party receiving a
Refund to which the other Party is entitled pursuant to this Agreement shall pay the amount to which such other Party is entitled within ten (10) days after the receipt of the Refund. 

(b) In the event of an Adjustment relating to Taxes for which one Party is responsible pursuant to Article III which would have given rise
to a Refund but for an offset against the Taxes for which the other Party is or may be responsible pursuant to Article III (the “Benefited Party”), then the Benefited Party shall pay to the other Party, within ten (10) days of
the Final Determination of such Adjustment an amount equal to the amount of such reduction in the Taxes of the Benefited Party plus interest at the rate set forth in Section 6621(a)(1) on such amount for the period from the filing date of
the Tax Return that would have given rise to such Refund to the payment date. 
 (c) Notwithstanding Section 4.01(a), to the
extent that a Party applies or causes to be applied an overpayment of Taxes as a credit toward or a reduction in Taxes otherwise payable (or a Taxing Authority requires such application in lieu of a Refund) and such overpayment of Taxes, if received
as a Refund, would have been payable by such Party to the other Party pursuant to this Section 4.01, such Party shall pay such amount to the other Party no 

  
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later than the Due Date of the Tax Return for which such overpayment is applied to reduce Taxes otherwise payable. 
 (d) To the extent that the amount of any Refund under this Section 4.01 is later reduced by a Taxing Authority or in a Tax Proceeding, such reduction shall be allocated to the Party to which such
Refund was allocated pursuant to this Section 4.01 and an appropriate adjusting payment shall be made. 
 Section 4.02
Carrybacks. 
 (a) The carryback of any loss, credit or other Tax Attribute from any Post-Closing Period shall be in
accordance with the provisions of the Code and Treasury Regulations (and any applicable state, local or foreign Laws). 
 (b)
Except to the extent otherwise consented to by Parent or prohibited by applicable Law, Spinco shall elect to relinquish, waive or otherwise forgo the carryback of any loss, credit or other Tax Attribute from any Post-Closing Period to any
Pre-Closing Period or Straddle Period (a “Carryback”). In the event that Spinco (or the appropriate member of the Spinco Group) is prohibited by applicable Law to relinquish, waive or otherwise forgo a Carryback (or Parent consents
to a Carryback), Parent shall cooperate with Spinco, at Spinco’s expense, in seeking from the appropriate Taxing Authority such Refund as reasonably would result from such Carryback, to the extent that such Refund is directly attributable to
such Carryback, and shall pay over to Spinco the amount of such Refund within ten (10) days after such Refund is received; provided, however, that Spinco shall indemnify and hold the members of the Parent Group harmless from and
against any and all collateral Tax consequences resulting from or caused by any such Carryback, including, without limitation, the loss or postponement of any benefit from the use of Tax Attributes generated by a member of the Parent Group if
(i) such Tax Attributes expire unutilized, but would have been utilized but for such Carryback, or (ii) the use of such Tax Attributes is postponed to a later taxable period than the taxable period in which such Tax Attributes would have
been utilized but for such Carryback. 
 Section 4.03 Tax Attributes. 

(a) Parent, on the one hand, and Spinco and Acquirer, on the other hand, shall jointly determine in good faith the allocation of Tax
Attributes arising in a Pre-Closing Period to the Parent Group and the Spinco Group in accordance with the Code and Treasury Regulations, including Treasury Regulations Sections 1.1502-9T(c), 1.1502-21, 1.1502-21T, 1.1502-22, 1.1502-79 and, if
applicable, 1.1502-79A (and any applicable state, local and foreign Laws), provided, that (i) earnings and profits will be allocated in accordance with Code Section 312(h) and Treasury Regulations Section 1.312-10(a),
(ii) the earnings and profits that will be allocated to Spinco will all be non-previously taxed income within the meaning of Code Section 959(c)(3) and any previously taxed income (as defined in Code Section 959(a)) will be retained
by Parent, (iii) Parent shall be entitled to make any determination as to (A) basis, and (B) valuation, and shall make such determination consistent with Past Practice, where applicable. For the avoidance of doubt, the allocation of
previously taxed income (as defined in Code Section 959(a)) shall not be subject to the joint determination of the parties and Parent shall be entitled to determine the allocation of any previously taxed income. Parent and Spinco hereby agree
to 

  
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compute all Taxes for Post-Closing Periods consistently with the determination of the allocation of Tax Attributes pursuant to this Section 4.03(a) unless otherwise required by a Final
Determination. 
 (b) To the extent that the amount of any Tax Attribute is later reduced or increased by a Taxing Authority or
Tax Proceeding, such reduction or increase shall be allocated to the Party to which such Tax Attribute was allocated pursuant to Section 4.03(a). 
 Section 4.04 Treatment of Deductions Associated with Equity-Related Compensation. 
 (a) Unless otherwise prohibited by applicable Law, from and after the Closing Date, solely Parent or any member of the Parent Group, as the case may be, shall be entitled to claim any Tax deduction
associated with the exercise in any taxable period of any Parent stock options or stock appreciation rights by any Spinco Employee. 
 (b) “Spinco Employee” means any person employed or formerly employed by any member of the Spinco Group at the time of the exercise, vesting, settlement disqualifying disposition or
payment, as appropriate, unless, at such time, such person is employed by a member of the Parent Group or was more recently employed by a member of the Parent Group than by a member of the Spinco Group. 

Section 4.05 Timing Differences. If pursuant to a Final Determination any Tax Benefit is made allowable to a member of the
Spinco Group as a result of an Adjustment to any Taxes for which a member of the Parent Group is responsible hereunder (or Tax Attribute of a member of the Parent Group) and such Tax Benefit would not have arisen or been allowable but for such
Adjustment, or if pursuant to a Final Determination any Tax Benefit is made allowable to a member of the Parent Group as a result of an Adjustment to any Taxes for which a member of the Spinco Group is responsible hereunder (or Tax Attribute of a
member of the Spinco Group) and such Tax Benefit would not have arisen or been allowable but for such Adjustment, Spinco or Parent, as the case may be, shall make a payment to either Parent or Spinco, as appropriate, within thirty (30) days
following such Final Determination, in an amount equal to the present value of such Tax Benefit (including any Tax Benefit made allowable as a result of the payment) determined (i) using the highest marginal statutory rate applicable to the
party receiving the Tax Benefit at the time of the Final Determination and an assumed state income Tax rate of 5% (or the highest applicable provincial rate in Canada), (ii) assuming that the party to which such Tax Benefit is made allowable is
liable for Taxes at such rate and has no Tax Attributes at the time of the determination, and (iii) assuming that the Tax Benefit is used at the earliest date allowable by applicable Law. The present value referred to in the preceding sentence
shall be determined using a discount rate equal to the mid term applicable federal rate in effect at the time of the Final Determination. 
 ARTICLE V 
 TAX PROCEEDINGS 

Section 5.01 Notification of Tax Proceedings. Within ten (10) days after an Indemnified Party becomes aware of the
commencement of a Tax Proceeding that may give rise 

  
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to Taxes for which an Indemnifying Party is responsible pursuant to Article III, such Indemnified Party shall notify the Indemnifying Party of such Tax Proceeding, and thereafter shall promptly
forward or make available to the Indemnifying Party copies of notices and communications relating to such Tax Proceeding. The failure of the Indemnified Party to notify the Indemnifying Party of the commencement of any such Tax Proceeding within
such ten (10) day period or promptly forward any further notices or communications shall not relieve the Indemnifying Party of any obligation which it may have to the Indemnified Party under this Agreement except to the extent that the
Indemnifying Party is actually prejudiced by such failure. 
 Section 5.02 Tax Proceeding Procedures Generally.

 (a) Tax Proceedings relating to Parent Consolidated Returns, Mixed Business U.S. Income Tax Returns and Single Business
U.S. Income Tax Returns. 
 (i) Except as provided in Section 5.03, Parent shall be entitled to contest,
compromise and settle any Adjustment proposed, asserted or assessed pursuant to any Tax Proceeding with respect to any Parent Consolidated Return, Mixed Business U.S. Income Tax Return, or Single Business Return required to be prepared by Parent or
a Parent Entity pursuant to Section 2.01, and any such defense shall be made diligently and in good faith; provided that to the extent that such Tax Proceeding could materially affect the amount of Taxes for which Spinco is responsible
pursuant to Article III, Parent (A) shall keep Spinco informed in a timely manner of all actions proposed to be taken by Parent with respect to such Tax Proceeding (or to the extent practicable the portion of such Tax Proceeding that relates to
Taxes for which Spinco is responsible pursuant to Article III) and (B), shall permit Spinco to participate in all proceedings with respect to such Tax Proceeding (or to the extent practicable the portion of such Tax Proceeding that relates to Taxes
for which Spinco is responsible pursuant to Article III) and shall not settle any such Tax Proceeding without the prior written consent of Spinco, which shall not be unreasonably withheld, delayed or conditioned. 

(ii) Except as provided in Section 5.03, Spinco shall be entitled to contest, compromise and settle any Adjustment
proposed, asserted or assessed pursuant to any Tax Proceeding with respect to any Mixed Business U.S. Income Tax Return or Single Business Return required to be prepared by Spinco or a Spinco Entity pursuant to Section 2.01, and any such
defense shall be made diligently and in good faith; provided that to the extent that such Tax Proceeding could materially affect the amount of Taxes for which Parent is responsible pursuant to Article III, Spinco (A) shall keep Parent
informed in a timely manner of all actions proposed to be taken by Spinco with respect to such Tax Proceeding (or to the extent practicable the portion of such Tax Proceeding that relates to Taxes for which Parent is responsible pursuant to Article
III) and (B) shall permit Parent to participate in all proceedings with respect to such Tax Proceeding (or to the extent practicable the portion of such Tax Proceeding that relates to Taxes for which Parent is responsible pursuant to Article
III) and shall not settle any such Tax Proceeding without the prior written consent of Parent, which shall not be unreasonably withheld, delayed or conditioned. 

  
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 (b) Tax Proceedings relating to Mixed Business Non- U.S. Income Tax Returns and Mixed
Business Non-Income Tax Returns. The Mixed Return Preparing Party with respect to any Mixed Business Non-U.S. Income Tax Return or Mixed Business Non-Income Tax Return shall be entitled to contest, compromise and settle any Adjustment proposed,
asserted or assessed pursuant to any Tax Proceeding with respect to such Tax Return and any such defense shall be made diligently and in good faith; provided that the Mixed Return Preparing Party shall (i) keep the Mixed Return Reviewing
Party informed in a timely manner of all actions proposed to be taken by the Mixed Return Preparing Party with respect to such Tax Proceeding and, (ii) to the extent such Tax Proceeding could materially affect the amount of Taxes for which the
Mixed Return Reviewing Party is responsible pursuant to Article III, shall permit the Mixed Return Reviewing Party to participate in all proceedings with respect to such Tax Proceeding (or to the extent practicable the portion of such Tax Proceeding
that relates to Taxes for which the Mixed Return Reviewing Party is responsible pursuant to Article III) and shall not settle any such Tax Proceeding without the prior written consent of the Mixed Return Reviewing Party, which shall not be
unreasonably withheld, delayed or conditioned. 
 (c) Tax Proceedings relating to Single Business Returns. Except as
provided in Sections 5.02(a) and 5.03, the Indemnifying Party shall be entitled to contest, compromise and settle any Adjustment proposed, asserted or assessed pursuant to any Tax Proceeding with respect to any Single Business Return for which
the Indemnifying Party is responsible pursuant to Article III and any such defense shall be made diligently and in good faith; provided, that the Indemnifying Party shall keep the Indemnified Party informed in a timely manner of all actions
proposed to be taken by the Indemnifying Party and shall permit the Indemnified Party to participate in all proceedings with respect to such Tax Proceeding. 
 Section 5.03 Tax Proceedings in respect of Restructuring/Distribution Taxes and Disqualifying Actions. 
 (a) Parent and Spinco shall be entitled to jointly contest, compromise and settle any Adjustment proposed, asserted or assessed pursuant to any Tax Proceeding relating to
(i) Restructuring/Distribution Taxes (to the extent reflected on a Tax Return of Spinco or a Spinco Entity) and (ii) any Taxes attributable to a Spinco Disqualifying Action. 

(b) Parent shall be entitled to contest, compromise and settle any Adjustment proposed, asserted or assessed pursuant to any Tax
Proceeding relating to (i) Restructuring/Distribution Taxes (to the extent reflected on a Tax Return of Parent or a Parent Entity) and (ii) any Taxes attributable to a Parent Disqualifying Action, and shall defend such Adjustment
diligently and in good faith; provided that unless waived by the Parties in writing, Parent shall (1) keep Spinco informed in a timely manner of all actions taken or proposed to be taken by Parent, (2) provide copies of all
correspondence or filings to be submitted to any Taxing Authority or judicial authority to Spinco for its prior review and consent, which consent shall not be unreasonably withheld, delayed or conditioned and (3) provide Spinco with written
notice reasonably in advance of, and Spinco shall have the right to attend, any formally scheduled meetings with any Taxing Authority or hearings or proceedings before any judicial authority. 

Section 5.04 Tax Proceedings in respect of Transfer Pricing Matters. Notwithstanding anything to the contrary in this Article
V, if (a) a Tax Proceeding that relates to transfer pricing 

  
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matters (including, for the avoidance of doubt, any proceeding that is part of a competent authority process) would reasonably be expected to give rise to an Adjustment of Taxes for which one
party is responsible pursuant to Article III, and (b) such responsible party is not the party entitled to control such Tax Proceeding pursuant to this Article V, then the party entitled to control such Tax Proceeding shall permit such
responsible party to participate in all proceedings with respect to such Tax Proceeding (or, if Spinco is such responsible party, to the extent practicable the portion of such Tax Proceeding that relates to Taxes for which Spinco is responsible
pursuant to Article III), and shall not agree to any settlement or compromise of such Tax Proceeding without the consent of such responsible party, which consent shall not be unreasonably withheld, delayed or conditioned. 

ARTICLE VI 

TAX-FREE STATUS OF THE DISTRIBUTION 
 Section 6.01 Representations and Warranties. 
 (a) Spinco.
Spinco hereby represents and warrants or covenants and agrees, as appropriate, that the facts presented and the representations made in (i) the IRS Ruling, (ii) the Opinion, (iii) each submission to the IRS in connection with the IRS
Ruling Request, (iv) the representation letter from Parent addressed to Counsel supporting the Opinions, (v) the representation letter from Spinco addressed to Counsel supporting the Opinion and (vi) any other materials delivered or
deliverable by Parent or Spinco in connection with the rendering by Counsel of the Opinion and the issuance by the IRS of the IRS Ruling (all of the foregoing, collectively, the “Tax Materials”), to the extent they both (A) are
descriptive of the Spinco Group (including the business purposes for each of the distributions described in the IRS Ruling Request and the other Tax Materials to the extent that they relate to the Spinco Group and the plans, proposals, intentions
and policies of the Spinco Group after the Effective Time), and (B) relate to the actions or non-actions of the Spinco Group to be taken (or not taken, as the case may be) after the Effective Time, are, or will be from the time presented or
made through and including the Effective Time (and thereafter as relevant) true, correct and complete in all respects. 
 (b)
Parent. Parent hereby represents and warrants or covenants and agrees, as appropriate, that (i) it has delivered complete and accurate copies of the Tax Materials to Spinco and (ii) the facts presented and the representations made
therein, to the extent descriptive of (A) the Parent Group at any time or (B) the Spinco Group at any time at or prior to the Effective Time (including, in each case, (x) the business purposes for each of the distributions described
in the IRS Ruling Request and the other Tax Materials to the extent that they relate to the Parent Group at any time or the Spinco Group at any time at or prior to the Effective Time, and (y) the plans, proposals, intentions and policies of the
Parent Group at any time or the Spinco Group at any time at or prior to the Effective Time), are, or will be from the time presented or made through and including the Effective Time (and thereafter as relevant) true, correct and complete in all
respects. 

  
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 (c) No Contrary Knowledge. Each of Parent and Spinco represents and warrants that it
knows of no fact (after due inquiry) that may cause the Tax treatment of the Restructuring or the Distribution to be other than the Tax-Free Status of the Transactions. 
 (d) No Contrary Plan. Each of Parent and Spinco represents and warrants that neither it, nor any of its Affiliates, has any plan or intent to take any action which is inconsistent with any
statements or representations made in the Tax Materials. 
 Section 6.02 Restrictions Relating to the Distribution.

 (a) General. Neither Parent nor Spinco shall, nor shall Parent or Spinco permit, any Parent Entity or any Spinco
Entity, respectively, to take or fail to take, as applicable, any action that constitutes a Disqualifying Action described in the definitions of Parent Disqualifying Action and Spinco Disqualifying Action, respectively. 

(b) Restrictions. Prior to the first day following the second anniversary of the Distribution (the “Restriction
Period”), Spinco: 
 (i) shall continue and cause to be continued the active conduct of the Spinco
Business, in each case taking into account Section 355(b)(3) of the Code, in all cases as conducted immediately prior to the Distribution; 
 (ii) shall not voluntarily dissolve or liquidate (including any action that is a liquidation for federal income tax purposes); 

(iii) shall not (1) enter into any Proposed Acquisition Transaction or, to the extent Spinco has the right to
prohibit any Proposed Acquisition Transaction, permit any Proposed Acquisition Transaction to occur, (2) redeem or otherwise repurchase (directly or through an Affiliate) any stock, or rights to acquire stock, (3) amend its certificate of
incorporation (or other organizational documents), or take any other action, whether through a stockholder vote or otherwise, affecting the relative voting rights of its capital stock (including through the conversion of any capital stock into
another class of capital stock), (4) merge or consolidate with any other Person (other than pursuant to the Merger) or (5) take any other action or actions (including any action or transaction that would be reasonably likely to be
inconsistent with any representation made in the Tax Materials) which in the aggregate (and taking into account the Merger and any other transactions described in this Section 6.02(b)(iii)) would, when combined with any other direct or indirect
changes in ownership of Spinco capital stock pertinent for purposes of Section 355(e) of the Code (including the Merger), have the effect of causing or permitting one or more Persons (whether or not acting in concert) to acquire directly or
indirectly stock representing a Fifty-Percent or Greater Interest in Spinco or would reasonably be expected to result in a failure to preserve the Tax-Free Status of the Transactions; and 

(iv) shall not, and shall not permit any member of the Spinco Group, to sell, transfer, or otherwise dispose of or agree
to, sell, transfer or otherwise dispose (including in any transaction treated for federal income tax purposes as a sale, transfer or disposition) of assets (including, any shares of capital stock of a Subsidiary) that, in the

  
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aggregate, constitute more than 30% of the consolidated gross assets of Spinco or the Spinco Group. The foregoing sentence shall not apply to (1) sales, transfers, or dispositions of assets
in the Ordinary Course of Business, (2) any cash paid to acquire assets from an unrelated Person in an arm’s-length transaction, (3) any assets transferred to a Person that is disregarded as an entity separate from the transferor for
federal income tax purposes or (4) any mandatory or optional repayment (or pre-payment) of any indebtedness of Spinco or any member of the Spinco Group. The percentages of gross assets or consolidated gross assets of Spinco or the Spinco Group,
as the case may be, sold, transferred, or otherwise disposed of, shall be based on the fair market value of the gross assets of Spinco and the members of the Spinco Group as of the Closing Date. For purposes of this Section 6.02(b)(iv), a
merger of Spinco or one of its Subsidiaries with and into any Person that is not a wholly owned Subsidiary of Spinco or the Acquirer (other than the Merger) shall constitute a disposition of all of the assets of Spinco or such Subsidiary.

 (c) Notwithstanding the restrictions imposed by Section 6.02(b), during the Restriction Period, Spinco may proceed with
any of the actions or transactions described therein, if (i) Spinco shall first have requested Parent to obtain a supplemental ruling in accordance with Section 6.03(a) to the effect that such action or transaction will not affect the
Tax-Free Status of the Transactions and Parent shall have received such a supplemental ruling in form and substance reasonably satisfactory to it, (ii) Spinco shall have provided to Parent an Unqualified Tax Opinion in form and substance
reasonably satisfactory to Parent, or (iii) Parent shall have waived in writing the requirement to obtain such ruling or opinion. In determining whether a ruling or opinion is satisfactory, Parent may consider, among other factors, the
appropriateness of any underlying assumptions or representations used as a basis for the ruling or opinion and the views on the substantive merits. 
 (d) Tax Reporting. Each of Parent and Spinco covenants and agrees that it will not take, and will cause its respective Affiliates to refrain from taking, any position on any Income Tax Return that
is inconsistent with the Tax-Free Status of the Transactions. 
 (e) For the avoidance of the doubt, notwithstanding the
restrictions set forth in this Section 6.02, (i) Spinco shall be permitted to enter into the Merger, and (ii) Spinco or the Acquirer may adopt or modify a shareholder rights plan (and issue stock in accordance therewith) that is
described in or is similar to the shareholder rights plan described in Revenue Ruling 90-11, 1990-1 C.B. 10. 

Section 6.03 Procedures Regarding Opinions and Rulings. 

(a) If Spinco notifies Parent that it desires to take one of the actions described in Section 6.02(b) (a “Notified
Action”), Parent shall cooperate with Spinco and use its reasonable best efforts to seek to obtain a supplemental ruling from the IRS or an Unqualified Tax Opinion for the purpose of permitting Spinco to take the Notified Action unless
Parent shall have waived the requirement to obtain such ruling or opinion. If such a ruling is to be sought, Parent shall apply for such ruling and Parent and Spinco shall jointly control the process of obtaining such ruling. In no event shall
Parent be required to file any ruling request under this Section 6.03(a) unless Spinco represents that (i) it has read such ruling request, and (ii) all 

  
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information and representations, if any, relating to any member of the Spinco Group, contained in such ruling request documents are (subject to any qualifications therein) true, correct and
complete. Spinco shall reimburse Parent for all reasonable costs and expenses incurred by the Parent Group in obtaining a ruling or Unqualified Tax Opinion requested by Spinco within ten (10) days after receiving an invoice from Parent
therefor. 
 (b) Parent shall have the right to obtain a supplemental ruling or an Unqualified Tax Opinion at any time in its
sole and absolute discretion. If Parent determines to obtain such ruling or opinion, Spinco shall (and shall cause each Spinco Entity to) cooperate with Parent and take any and all actions reasonably requested by Parent in connection with obtaining
such ruling or opinion (including by making any representation or reasonable covenant or providing any materials requested by the IRS or the law firm issuing such opinion); provided, that Spinco shall not be required to make (or cause a
Spinco Entity to make) any representation or covenant that is untrue or inconsistent with historical facts, or as to future matters or events over which it has no control. In connection with obtaining such ruling, Parent shall apply for such ruling
and shall have sole and exclusive control over the process of obtaining such ruling. Parent shall reimburse Spinco for all reasonable costs and expenses incurred by the Spinco Group in cooperating with Parent’s efforts to obtain a supplemental
ruling or Unqualified Tax Opinion within ten (10) days after receiving an invoice from Spinco therefor. 
 (c) Except as
provided in Sections 6.03(a) and (b), following the Effective Time, neither Spinco nor any Spinco Affiliate shall seek any guidance from the IRS or any other Taxing Authority (whether written, verbal or otherwise) at any time concerning the
Restructuring or the Distribution (including the impact of any transaction on the Restructuring or Distribution). 
 ARTICLE
VII 
 COOPERATION 
 Section 7.01 General Cooperation. 
 (a) The Parties shall each
cooperate fully (and each shall cause its respective Subsidiaries to cooperate fully) with all reasonable requests in writing (“Information Request”) from another Party hereto, or from an agent, representative or advisor to such
Party, in connection with the preparation and filing of Tax Returns (including the preparation of Tax Packages), claims for Refunds, Tax Proceedings, and calculations of amounts required to be paid pursuant to this Agreement, in each case, related
or attributable to or arising in connection with Taxes of any of the Parties or their respective Subsidiaries covered by this Agreement and the establishment of any reserve required in connection with any financial reporting (a “Tax
Matter”). Such cooperation shall include the provision of any information reasonably necessary or helpful in connection with a Tax Matter (“Information”) and shall include, without limitation, at each Party’s own cost:

 (i) the provision of any Tax Returns of the Parties and their respective Subsidiaries, books, records
(including information regarding ownership and Tax basis of property), documentation and other information relating to such Tax Returns, including accompanying schedules, related work papers, and documents relating to rulings or other

  
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determinations by Taxing Authorities (or, in the case of any Parent Consolidated Return or Mixed Business Income Tax Return to the extent practicable, the portion of such Tax Return that relates
to Taxes for which Spinco is responsible pursuant to this Agreement); 
 (ii) the execution of any document
(including any power of attorney) in connection with any Tax Proceedings of any of the Parties or their respective Subsidiaries, or the filing of a Tax Return or a Refund claim of the Parties or any of their respective Subsidiaries; 

(iii) the use of the Party’s reasonable best efforts to obtain any documentation in connection with a Tax Matter; and

 (iv) the use of the Party’s reasonable best efforts to obtain any Tax Returns (including accompanying
schedules, related work papers, and documents), documents, books, records or other information in connection with the filing of any Tax Returns of any of the Parties or their Subsidiaries (or, in the case of any Parent Consolidated Return or Mixed
Business Income Tax Return to the extent practicable, the portion of such Tax Return, documents, books, records or other information that relates to Taxes for which Spinco is responsible pursuant to this Agreement). 

Each Party shall make its employees, advisors, and facilities available, without charge, on a reasonable and mutually convenient basis in
connection with the foregoing matters. 
 Section 7.02 Retention of Records. Parent and Spinco shall retain or cause
to be retained all Tax Returns, schedules and work papers, and all material records or other documents relating thereto in their possession, until sixty (60) days after the expiration of the applicable statute of limitations (including any
waivers or extensions thereof) of the taxable periods to which such Tax Returns and other documents relate or until the expiration of any additional period that any Party reasonably requests, in writing, with respect to specific material records and
documents. A Party intending to destroy any material records or documents shall provide the other Party with reasonable advance notice and the opportunity to copy or take possession of such records and documents. The Parties hereto will notify each
other in writing of any waivers or extensions of the applicable statute of limitations that may affect the period for which the foregoing records or other documents must be retained. 

ARTICLE VIII 
 MISCELLANEOUS 
 Section 8.01 Dispute Resolution. In the event
of any dispute between the Parties as to any matter covered by this Agreement, the parties shall appoint a nationally recognized independent public accounting firm (the “Accounting Firm”) to resolve such dispute. In this regard, the
Accounting Firm shall make determinations with respect to the disputed items based solely on representations made by Parent and Spinco and their respective representatives, and not by independent review, and shall function only as an expert and not
as an arbitrator and shall be required to make a determination in favor of one Party only. The Parties shall require the Accounting Firm to resolve all disputes no later than thirty (30) days after the submission of such

  
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dispute to the Accounting Firm, but in no event later than the Due Date for the payment of Taxes or the filing of the applicable Tax Return, if applicable, and agree that all decisions by the
Accounting Firm with respect thereto shall be final and conclusive and binding on the Parties. The Accounting Firm shall resolve all disputes in a manner consistent with this Agreement and, to the extent not inconsistent with this Agreement, in a
manner consistent with the Past Practices of Parent and its Subsidiaries, except as otherwise required by applicable Law. The Parties shall require the Accounting Firm to render all determinations in writing and to set forth, in reasonable detail,
the basis for such determination. The fees and expenses of the Accounting Firm shall be borne equally by the Parties. 

Section 8.02 Tax Sharing Agreements. All Tax sharing, indemnification and similar agreements, written or unwritten, as
between Parent or a Parent Entity, on the one hand, and Spinco or a Spinco Entity, on the other (other than this Agreement or any other Transaction Agreement), shall be or shall have been terminated no later than the Effective Time and, after the
Effective Time, none of Parent or a Parent Entity, or Spinco or a Spinco Entity shall have any further rights or obligations under any such Tax sharing, indemnification or similar agreement. 

Section 8.03 Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made
by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the
payment date. 
 Section 8.04 Survival of Covenants. Except as otherwise contemplated by this Agreement, all
covenants and agreements of the Parties contained in this Agreement shall survive the Effective Time and remain in full force and effect in accordance with their applicable terms. 

Section 8.05 Successors. This Agreement shall be binding on and inure to the benefit of any successor by merger, acquisition
of assets, or otherwise, to any of the parties hereto (including without limitation any successor of Parent or Spinco succeeding to the Tax Attributes of either under Section 381 of the Code), to the same extent as if such successor had been an
original party to this Agreement. As of the Effective Time, this Agreement shall be binding on Acquirer and Acquirer shall be subject to the obligations and restrictions imposed on Spinco hereunder, including, without limitation, with respect to the
restrictions imposed on Spinco under Section 6.02. 
 Section 8.06 Severability. If any term or other provision
of this Agreement is invalid, illegal or incapable of being enforced under any Law or as a matter of public policy, all other conditions and provisions of this Agreement shall remain in full force and effect. Upon such determination that any term or
other provision is invalid, illegal or incapable of being enforced, the Parties to this Agreement shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in a mutually
acceptable manner. 
 Section 8.07 Entire Agreement. Except as otherwise expressly provided in this Agreement, this
Agreement constitutes the entire agreement of the Parties hereto with respect to the subject matter of this Agreement and supersedes all prior agreements and undertakings, both 

  
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written and oral, between or on behalf of the Parties hereto with respect to the subject matter of this Agreement. 
 Section 8.08 Assignment; No Third-Party Beneficiaries. This Agreement shall not be assigned by any Party without the prior written consent of the other Party hereto, except that each Party may
assign (a) any or all of its rights and obligations under this Agreement to any of its Affiliates and (b) any or all of its rights and obligations under this Agreement in connection with a sale or disposition of any of its assets or
entities or lines of business; provided, however, that, in each case, no such assignment shall release such Party from any liability or obligation under this Agreement nor change any of the steps in the Plan of Reorganization (as such
term is defined in the Separation Agreement). Except as provided in Article III with respect to indemnified Parties, this Agreement is for the sole benefit of the Parties to this Agreement and their respective Subsidiaries and their permitted
successors and assigns and nothing in this Agreement, express or implied, is intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement. 

Section 8.09 Specific Performance. In the event of any actual or threatened default in, or breach of, any of the terms,
conditions and provisions of this Agreement, the Party who is or is to be thereby aggrieved shall have the right to specific performance and injunctive or other equitable relief of its rights under this Agreement, in addition to any and all other
rights and remedies at law or in equity, and all such rights and remedies shall be cumulative. The Parties agree that the remedies at law for any breach or threatened breach, including monetary damages, may be inadequate compensation for any loss
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 the Parties to this Agreement. 

Section 8.10 Amendment. No provision of this Agreement may be amended or modified except by a written instrument signed by
the Parties to this Agreement. No waiver by any Party of any provision of this Agreement shall be effective unless explicitly set forth in writing and executed by the Party so waiving. The waiver by any Party of a breach of any provision of this
Agreement shall not operate or be construed as a waiver of any other subsequent breach. 
 Section 8.11 Rules of
Construction. Interpretation of this Agreement shall be governed by the following rules of construction: (a) words in the singular shall be held to include the plural and vice versa and words of one gender shall be held to include the other
gender as the context requires; (b) references to the terms Article, Section, paragraph, clause, Exhibit and Schedule are references to the Articles, Sections, paragraphs, clauses, exhibits and schedules of this Agreement unless otherwise
specified; (c) the terms “hereof,” “herein,” “hereby,” “hereto,” and derivative or similar words refer to this entire Agreement, including the Schedules and Exhibits hereto; (d) references to
“$” shall mean U.S. dollars; (e) the word “including” and words of similar import when used in this Agreement shall mean “including without limitation,” unless otherwise specified; (f) the word “or”
shall not be exclusive; (g) references to “written” or “in writing” include in electronic form; (h) provisions shall apply, when appropriate, to successive events and transactions; (i) the headings contained in
this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement; 

  
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(j) Parent and Spinco have each participated in the negotiation and drafting of this Agreement and if an ambiguity or question of interpretation should arise, this Agreement shall be
construed as if drafted jointly by the parties hereto and no presumption or burden of proof shall arise favoring or burdening either Party by virtue of the authorship of any of the provisions in this Agreement or any interim drafts of this
Agreement; and (k) a reference to any Person includes such Person’s successors and permitted assigns. 

Section 8.12 Counterparts. This Agreement may be executed in one or more counterparts each of which when executed shall be
deemed to be an original but all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of a signature page to this Agreement by facsimile or portable document format (PDF) shall be as effective as
delivery of a manually executed counterpart of any such Agreement. 
 Section 8.13 Coordination with the Employee
Benefits Agreement. To the extent any covenants or agreements between the Parties with respect to employee withholding Taxes are set forth in the Employee Benefits Agreement, such Taxes shall be governed exclusively by the Employee Benefits
Agreement and not by this Agreement. 
 Section 8.14 Confidentiality. The parties hereby agree that the provisions
of the Confidentiality Agreement (as defined in the Merger Agreement) shall apply to all information and material furnished by any party or its representatives hereunder (including any Information and any Tax Returns). 

Section 8.15 Notices. Any notice, demand, claim or other communication under this Agreement will be in writing and will be
deemed to have been given (a) on delivery if delivered personally; (b) on the date on which delivery thereof is guaranteed by the carrier if delivered by a national courier guaranteeing delivery with an fixed number of days of sending; or
(c) on the date of facsimile transmission thereof if delivery is confirmed, but, in each case, only if addressed to the Parties in the following manner at the following addresses or facsimile numbers (or at the other address or other number as
a Party may specify by notice to the others): 
 If to: Parent, to: 

MeadWestvaco Corporation 
 501 South 5th Street 
 Richmond, Virginia 23219-0501 

Fax: (804) 444-1000 
 Attention: General Counsel 
 with a copy to: 

Wachtell, Lipton, Rosen & Katz 

51 West 52nd Street 
 New York, NY 10019 
 Fax: (212) 403-2000

  
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Attention: Elliott V. Stein 

 Gregory E. Ostling

 If to: Acquirer or Spinco, to: 

ACCO Brands Corporation 
 300 Tower Parkway 
 Lincolnshire, IL 60049 

Fax: (847) 484-4144 
 Attention: General Counsel 
 with a copy to: 

Skadden, Arps, Slate, Meagher & Flom LLP 

155 North Wacker Drive 
 Chicago, IL 60606 
 Fax: (312) 407-8514 

Attention: William R. Kunkel 
 Any notice to Parent will be deemed notice to all members of the Parent Group, and any notice to Spinco will be deemed notice to all members of the Spinco Group. 

Section 8.16 Effective Date. This Agreement shall become effective only upon the occurrence of the Distribution. 

[The remainder of this page is intentionally left blank.] 

  
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 IN WITNESS WHEREOF, the Parties have caused this Agreement to be duly executed as of the
day and year first above written. 
  

			
	MeadWestvaco Corporation
		
	By:	 	  

	Name:	 	
	
	Monaco SpinCo Inc.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	ACCO Brands Corporation
		
	By:	 	  

	Name:	 	
	Title:Form of Transition Services Agreement

 Exhibit 10.2 
 FORM OF 
 TRANSITION SERVICES AGREEMENT 

This Transition Services Agreement (the “Agreement”) is effective at the Business Transfer Time (the “Effective
Date”), by and between MeadWestvaco Corporation, a Delaware corporation (“Service Provider”), and Monaco SpinCo Inc., a Delaware corporation (“Spinco”). 

RECITALS 
 A. Service Provider and Spinco have entered into a Separation Agreement, dated as of November 17, 2011 (as amended, modified or supplemented from time to time in accordance with its terms, the
“Separation Agreement”), pursuant to which (1) Service Provider and certain of its subsidiaries have agreed to contribute and transfer to Spinco, and Spinco has agreed to receive and assume, certain assets and liabilities of
Service Provider’s Consumer & Office Products business (the “Business”) and (2) following such contribution and transfer and other transactions specified in the Separation Agreement, Service Provider has agreed to
distribute (the “Distribution”) all of the shares of common stock, par value $0.001 per share, of Spinco (the “Spinco Common Stock”) to Service Provider’s stockholders without consideration on a pro rata basis;

 B. Service Provider, Spinco, ACCO Brands Corporation, a Delaware corporation (“Acquirer”) and
Augusta Acquisition Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Acquirer (“Merger Sub”), have entered into a Merger Agreement, dated as of November 17, 2011 (as amended, modified or supplemented from time
to time in accordance with its terms, the “Merger Agreement”), pursuant to which, immediately following the Distribution, Spinco and Merger Sub will merge and the Spinco Common Stock will be converted into shares of common stock of
Acquirer on the terms and subject to the conditions of the Merger Agreement; and 
 C. In connection with the
transactions contemplated by the Separation Agreement and the Merger Agreement, the parties desire that Service Provider provide certain services to Spinco on the terms and conditions set forth herein. 

NOW, THEREFORE, in consideration of the foregoing and the respective warranties, covenants and agreements hereinafter set forth, and
intending to be legally bound hereby, the parties hereby agree as follows: 
 ARTICLE 1 

DEFINITIONS 
 1.1 Defined Terms. All capitalized terms used but not defined herein have the meanings set forth in the Separation Agreement. 

 ARTICLE 2 
 PROVISION OF THE SERVICES 
 2.1 Description of the Services.
Service Provider shall provide, or cause to be provided, the following services (collectively, the “Services”) in support of the Business. Spinco shall use its commercially reasonable efforts to provide such assistance and resources
(including, but not limited to, human resources) as are required for Service Provider to provide the Services to Spinco, including without limitation the purchase (at Spinco’s expense) of any software and hardware assets required for the
Services as requested by Service Provider. Service Provider shall be relieved of its obligations hereunder to the extent that (a) Spinco fails to provide the assistance or resources referred to in the previous sentence, (b) such failure
renders performance or ongoing performance by Service Provider of its obligations unlawful, or reasonably impracticable or unreasonable (in Service Provider’s reasonable determination) and (c) such failure (i) if reasonably capable of
being cured, is not cured by Spinco within ten (10) days following written notice to Spinco by Service Provider of any such purported failure, or (ii) by its nature or timing is not reasonable capable of being cured (it being understood
and agreed that Service Provider shall be relieved of its obligations hereunder during any such cure period). For the avoidance of doubt, it is acknowledged that, subject to its obligations to Service Provider under the provisions of this Agreement,
Spinco shall be free at any time (and without obligation to notify or inform Service Provider) to arrange for any service identical to or similar to the Services to be provided to it by any Person whatsoever. 

2.1.1 Ongoing Services. Service Provider or its designee shall provide each of the services (collectively, the “Ongoing
Services”) specified in Schedule 2.1.1 (to the extent such schedule covers Ongoing Services, the “Ongoing Services Schedule”) to Spinco, in accordance with the terms and conditions for such Ongoing Services listed on the
applicable schedule and set forth in this Agreement. 
 2.1.2 Additional Services. Spinco and Service Provider expressly
acknowledge that the obligation of Service Provider to provide transitional services following the Effective Date is limited to the Ongoing Services set forth in the Ongoing Services Schedule, in each case in accordance with the terms and conditions
set forth in such Schedule, and there exists no other obligation on the part of Service Provider to provide any other transition or other services to Spinco or any other party following the Effective Date, except as provided in this section. Spinco
may request additional transition services to the extent such transition services reasonably relate to the transition of the Business to Spinco (“Additional Services”). Upon receipt of any such request, (i) if receipt of such
request occurs within one hundred and twenty (120) days after the date hereof, Service Provider shall use its commercially reasonable efforts to provide any such Additional Service to the extent that such Additional Services were historically
provided by Service Provider to the Business and are generally consistent with this Agreement and (ii) if receipt of such request occurs more than one hundred and twenty (120) days after the date hereof, Service Provider shall consider
such request in its sole discretion and determine in its sole discretion whether to provide such Additional Services. If Service Provider provides such Additional Services in accordance with the preceding sentence, Service Provider and Spinco shall:
(i) negotiate in good faith the terms of the provision of such Additional Services, including the additional fees for such Additional Services and the duration of such Additional 

  
 2 

 
Services, and (ii) document the provision of such Additional Services in an amendment to this Agreement. In the event that Service Provider declines to provide any such Additional Service,
subject to the first sentence of this Section 2.1.2, Service Provider shall use commercially reasonable efforts to assist Spinco in finding another service provider to provide the requested additional transition services to the extent such
transition services reasonably relate to the transition of the Business to Spinco. 
 2.1.3 Setup Services. As part of the
Services, Service Provider shall take those actions necessary, as reasonably agreed to by Spinco, to prepare for providing the Ongoing Services or any Additional Services (the “Setup Services”), and Spinco shall pay or reimburse
Service Provider fifty percent (50%) of the Reimbursable Set-Up Costs in respect of the Setup Services (whether conducted prior to or after the Effective Date). For purposes of this Agreement, “Reimbursable Set-Up Costs” means
the third-party costs to provide the Setup Services; provided that Reimbursable Set-Up Costs shall not include costs for shared applications in respect of Setup Services to the extent such Setup Services are for Service Provider’s benefit
whether conducted prior to or after the Effective Date and shall in no event include costs incurred or intended to be incurred independent of the transactions contemplated by this Agreement, the Separation Agreement or the Merger Agreement. If
Spinco does not agree to a Setup Service, the parties shall work together to agree upon a commercially reasonable alternative arrangement, or Spinco may modify the scope of the Ongoing Services or Additional Services, as the case may be, such that
such Setup Service is not necessary, subject to Service Provider’s consent. If the parties fail to agree upon an alternative arrangement, Spinco may, with notice to Service Provider, terminate the applicable Ongoing Services or Additional
Services, as applicable. 
 2.1.4 Migration Services. Service Provider shall reasonably assist Spinco in preparing to
migrate Ongoing Services from Service Provider’s infrastructure to Spinco’s infrastructure (the “Migration Services”). Spinco shall pay or reimburse Service Provider one hundred percent (100%) of the Reimbursable
Migration Costs in respect of the Migration Services (whether conducted prior to or after the Effective Date). For purposes of this Agreement, “Reimbursable Migration Costs” means the costs that are reasonably necessary to provide
the Migration Services. 
 2.1.5 Services. For the avoidance of doubt, when used in this Agreement, reference to a
particular “Service” or “Services” shall include all of the services (or, if applicable, the single service) described in the Ongoing Services Schedule or in Sections 2.1.1, 2.1.3 or 2.14 , as the case may be. All
of the Services shall be for the sole use and benefit of Spinco. 
 2.2 Performance Standards. With respect to those
Services that Service Provider provided to the Business prior to the Effective Date, Service Provider shall perform such Services with substantially the same degree of care, skill, and diligence with which Service Provider performs such Services for
itself, consistent with past practices during the six months prior to the Effective Date, including without limitation with respect to the quality and timeliness of such Services, subject to variation in the provision of such Services agreed to by
Service Provider and Spinco. In no event shall Service Provider be required to provide the Services at a level greater than the level of Services used by the Business immediately prior to the Effective Date. If there is a conflict between the
immediate needs of the Service Provider and those of 

  
 3 

 
Spinco as to the use of or access to a particular Service, which conflict cannot reasonably be avoided, Service Provider shall have the right, in its sole discretion, to establish reasonable
priorities, at particular times and under particular circumstances, as between Service Provider and Spinco. In any such situation, Service Provider shall provide notice to Spinco of any changes at the earliest practical opportunity. 

2.3 Cost of Providing the Services. Unless otherwise expressly set forth in this Agreement, Service Provider shall bear all costs
of providing the Services. Spinco shall reimburse for all copying, long distance telephone, delivery and other out-of-pocket and third-party expenses incurred by Service Provider (or any Subcontractor of Service Provider in accordance with
Section 9.3) in order to provide the Services. Service Provider shall be solely responsible for the payment of all compensation for Service Provider’s personnel assigned to perform Services under this Agreement, and shall be responsible
for workers’ compensation insurance, unemployment insurance, severance and other termination costs, employment taxes and all other employer payment obligations relating to Service Provider’s personnel. 

2.4 Compliance with Laws. Service Provider shall not be required to provide Services which violate any applicable Laws in
connection with its performance of the Services. 
 2.5 Acknowledgment and Agreement. Spinco understands that the Services
provided hereunder are transitional in nature and are furnished by Service Provider solely in connection with the transactions contemplated by the Separation Agreement and the Merger Agreement. Spinco understands that Service Provider is not in the
business of providing the Services to third parties and that neither party has any long-term interest in Service Provider continuing the provision of any or all of the Services. Spinco shall: (i) within 60 days after the Effective Date provide
to Service Provider a plan and timeline, in form and detail reasonably satisfactory to Service Provider, for the transition to Spinco or third party suppliers of each of the Services (the “Migration Plan”), and (ii) as promptly
and as reasonably practicable after the Effective Date, transition the provision of each such Service from Service Provider to Spinco or a third party supplier. Nothing in this Section 2.5 shall extend the Service Termination Date (as defined
in Section 7.1.1) in any manner. 
 ARTICLE 3 
 MANAGEMENT AND CONTROL; CONSENTS 
 3.1 Service Provider
Cooperation. Upon reasonable notice to Service Provider and, with respect to each of the Services, prior to the applicable Service Termination Date and as set forth in Section 7.3, Service Provider shall provide Spinco with reasonable
access (during normal business hours) to Service Provider’s personnel and facilities for the purpose of providing reasonable information and consultation with respect to such Services. 

  
 4 

 3.2 Required Consents. Each of Service Provider and Spinco shall use commercially
reasonable efforts to obtain any and all necessary consents (such as, for example, consents of software licensors), or new licenses or similar agreements, to permit Service Provider to provide the Services and to allow Spinco to access and use the
Services (the “Required Consents”). Service Provider and Spinco shall each be responsible for fifty percent (50%) of any costs and fees required to obtain the Required Consents. If a Required Consent is not obtained, then, if
possible and until such Required Consent is obtained, Service Provider shall determine and adopt, subject to Spinco’s prior written approval, a commercially reasonable alternative to the affected Services; provided, however, that if no such
commercially reasonable alternative is available, Service Provider shall be under no obligation to provide the affected Services and Service Provider and Spinco shall cooperate with each other to determine if there is an alternative to the affected
Service. For the avoidance of doubt, the Required Consents referred to in this Agreement refer only to those consents, licenses and agreements necessary to permit Service Provider to provide and for Spinco to receive Services under this Agreement.
New licenses and agreements necessary for Spinco to separately operate its business after completion of the Services are not provided for herein and are the sole responsibility of Spinco. 

3.3 Primary Points of Contact. Each party from time to time shall appoint an individual to act as the primary point of operational
contact with respect to this Agreement and the Services (each, a “Contract Manager”). The Service Provider Contract Manager and the Spinco Contract Manager shall meet as reasonably requested by the Spinco Contract Manager or the
Service Provider Contract Manager to review the parties’ respective performance under this Agreement. Service Provider and Spinco shall notify Spinco and Service Provider, respectively, of the appointment of a different Contract Manager, if
necessary, in accordance with Section 9.9. 
 3.4 Dispute Resolution. Service Provider and Spinco shall attempt in
good faith to resolve any dispute arising out of or relating to this Agreement promptly by negotiation in accordance with this Section 3.4. 
 3.4.1 Primary Points of Contact. If a dispute arises, the Spinco Contract Manager and the Service Provider Contract Manager shall consider the dispute for up to 10 business days following receipt
of a notice from either party specifying the nature of the dispute, during which time the Spinco Contract Manager and the Service Provider Contract Manager shall meet in person at least once and attempt to resolve the dispute. 

3.4.2 Senior Management. If the dispute is not resolved by the end of the 10 business day period referred to in Section 3.4.1,
or if the Spinco Contract Manager and the Service Provider Contract Manager agree that the dispute cannot be resolved by them, either party may submit the dispute resolution in accordance with the procedures described in Schedule 3.4.2. If
the dispute is not resolved after following the procedures described in Schedule 3.4.2, then either party thereafter may pursue any and all rights and remedies available to it at Law or in equity. 

  
 5 

 ARTICLE 4 
 COMPUTER HARDWARE, SOFTWARE AND DATA SECURITY 
 4.1 Access to
Computer Software. Service Provider, in its sole discretion, may limit access to and the right to use software in connection with the Services solely to those employees of Spinco who need such access and right to use in connection with the
provision of the Services. Service Provider shall also grant access to and the right to use software in connection with the Services to employees of Acquirer who need such access, provided that Spinco shall be responsible for any breaches of this
Article IV by any employee of Acquirer. Service Provider shall also grant access to and the right to use software in connection with the Services to employees of Acquirer who need such access, provided that Spinco shall be responsible for any
breaches of this Article IV by any employee of Acquirer. Notwithstanding the foregoing, Service Provider shall not have any obligations to grant access or the right to use to employees of Acquirer to the extent such access or right to use exceeds
Service Provider’s licensing levels for the applicable software, unless either (a) (i) Service Provider, in its sole discretion, shall have agreed to purchase additional licensing levels and (ii) Spinco reimburses Service
Provider for fees and expenses in respect of such additional licensing levels or (b) Spinco or Acquirer shall have purchased directly from the applicable third party provider the additional licensing levels required for such access or right to
use, 
 4.2 Data. Service Provider is authorized to have access to and make use of all data provided by Spinco or created
by Service Provider solely on behalf of Spinco after the Effective Date (“New Spinco Data”), as necessary and appropriate for the performance by Service Provider of its obligations under this Agreement. Service Provider may not use
any New Spinco Data for any purpose other than providing the Services. 
 4.3 Change Management. During the term of this
Agreement, Spinco shall abide by Service Provider’s documented internal change control management policies and procedures (copies of which shall be provided to Spinco) in connection with Spinco’s use of any software used in connection with
the Services. 
 4.4 System Security. 
 4.4.1 Security Policy. Spinco shall comply with all of Service Provider’s system security policies, procedures and requirements relating to Service Provider’s computer systems or software
(“Systems”) which have been provided to Spinco (collectively, “Security Regulations”), and shall not tamper with, compromise or circumvent any security or audit measures employed by Service Provider. Spinco shall
access and use only those Systems of Service Provider for which Spinco has been granted the right to access and use. 
 4.4.2
Personnel Access. Spinco shall use commercially reasonable efforts to limit access to the Systems to those personnel who are specifically authorized to have such access, and to prevent unauthorized access, use, destruction, alteration or loss
of information 

  
 6 

 
contained therein. Spinco shall notify its own personnel of the restrictions set forth in this Section 4.4 and of the Security Regulations. 

4.4.3 Unauthorized Access. If, at any time, Spinco determines that any of its personnel have sought to circumvent, or have
circumvented, the Security Regulations; that any unauthorized personnel have accessed the Systems; or that any of its personnel have engaged in activities that may lead to the unauthorized access, use, destruction, alteration or loss of data,
information or software, Spinco shall immediately terminate such personnel’s access to the Systems and immediately notify Service Provider. In addition, Service Provider shall have the right to deny personnel of Spinco access to its Systems
upon notice to Spinco (with such notice given, in any event, within one business day of such termination) in the event that Service Provider reasonably believes that such personnel have engaged in any of the activities set forth above in this
Section 4.4.3 or otherwise pose a security concern. Each party will reasonably cooperate with the other party in investigating any apparent unauthorized access to the Systems. 

ARTICLE 5 

FEES AND PAYMENT 
 5.1 Fees for the Services. The fees for each of the Services (the “Fees”) are set forth opposite the description of such Services in the schedules to this Agreement. Additional
fees will be required if the scope of any Service is materially increased or if Additional Services are provided. All Fees are exclusive of any applicable Taxes or similar charges (and any related interests and penalties) (which shall be paid by
Spinco). In the event that the costs to Service Provider for a Service is increased because any third party provider increases its fees or otherwise (including without limitation because Service Provider has ceased using such third party provider
for its own purposes and is using the third party provider primarily for the provisions of the Services hereunder), then the Fees shall be adjusted upward accordingly. Service Provider shall, to the extent practicable, provide prior notice to Spinco
of any such increases to the extent that Service Provider is aware of such increases and shall use commercially reasonable efforts to negotiate any such proposed increase in fees at the direction of, and in consultation with, Spinco. Neither Spinco
nor any Affiliate of Spinco may apply any offset for other monies owed by Service Provider against the Fees. 
 5.2 Payment
and Invoices. Service Provider shall invoice Spinco for the Fees in arrears on a monthly basis. Service Provider shall include with each invoice a reasonably detailed description of the Services performed and the Fees charged. Spinco shall pay
each invoice within 30 days after receipt. In the event that Spinco disputes any such invoice, Spinco shall pay the undisputed portion, if any, as provided in the immediately preceding sentence and shall pay the remaining portion, if any, promptly
upon resolution of the dispute or completion of the dispute resolution procedures provided for in Section 3.4. Any payments owing to Service Provider pursuant to this Agreement that are not paid within 30 days after receipt of such invoice
shall bear interest at the rate of 10% per annum (or such lesser amount as shall be the maximum amount permitted by Law) from the due date until paid. 

  
 7 

 ARTICLE 6 
 FORCE MAJEURE 
 6.1 Force Majeure. Service Provider shall be
excused temporarily from performing any Services in the event that war (whether declared or not), fire, explosion, earthquake, storm, flood, strike, riot, act of governmental authority, act of God, act of terror or sabotage, technology disruption to
the extent outside the reasonable control of Service Provider, or other contingency beyond the reasonable control of Service Provider, including without limitation the acts or omissions of Spinco in performing any of its duties under this Agreement,
and any failure of a third party to provide services necessary for the performance of the Services to the extent not directly caused by Service Provider (each, a “Force Majeure Event”), causes cessation or interruption of Service
Provider’s performance of such Services, for the duration of such Force Majeure Event. If Service Provider is unable to perform any Services as a result of a Force Majeure Event: (i) Service Provider shall promptly notify Spinco and
describe in reasonable detail the circumstances causing the inability to perform; (ii) Service Provider shall use commercially reasonable efforts to resume performance of its obligations hereunder with the least possible delay; and
(iii) Spinco shall be free to acquire such Services from an alternative source, at Spinco’s sole cost and expense, and without liability to Service Provider, for the period and to the extent reasonably necessitated by such non-performance.
For the avoidance of doubt, Spinco shall not be obligated to pay Service Provider for Services with respect to the period when Service Provider is not providing such Services due to a Force Majeure Event. 

ARTICLE 7 

TERM AND TERMINATION 
 7.1 Term. 
 7.1.1 Term of Services. Service Provider shall provide
each of the Ongoing Services beginning on the “Service Commencement Date” for each Service category set forth in the Ongoing Services Schedule or otherwise agreed to by the parties in writing and continuing until the
“Service Termination Date” for such Service category set forth in the Ongoing Services Schedule or otherwise agreed to by the parties in writing, unless extended or sooner terminated in accordance with the provisions of this
Agreement. The period commencing on the first to occur of the Service Commencement Dates and ending on the last to expire or terminate of the Service Termination Dates is hereinafter referred to as the “Service Performance Period.”
Service Provider shall provide each Additional Service, if any, for the period set forth in the applicable amendment to this Agreement. 
 7.1.2 Extension of Service Termination Date. Spinco may request an extension of the Service Termination Date for any or all of the Services in any Service category, by providing written request to
Service Provider at least 60 days prior to the expiration of the then current term for such Service category; provided, however, that individual lines within any Service category may only be extended if the termination of such line at a later time
would not result in any liabilities or obligations that will be payable by, or the responsibility of, Service 

  
 8 

 
Provider, or if it would result in liabilities or obligations payable by, or the responsibility of, Service Provider, Spinco shall have fully reimbursed or indemnified Service Provider with
respect to such liabilities or obligations. If so requested by Spinco and Spinco has not previously requested an extension of the Service Termination Date with respect to a particular Service, Service Provider and Spinco shall: (i) negotiate
the terms of the renewal of such Service, including any revised Fees for such Service and the duration of such renewal, and (ii) document the provision of such renewal in an amendment to this Agreement. If so requested by Spinco but Spinco has
previously requested an extension of the Service Termination Date with respect to a particular Service, Service Provider shall consider such request and if Service Provider, in its sole discretion, agrees to such renewal, Service Provider and Spinco
shall: (i) negotiate the terms of the renewal of such Service, including any revised Fees for such Service and the duration of such renewal, and (ii) document the provision of such renewal in an amendment to this Agreement. Notwithstanding
the foregoing, unless Service Provider otherwise agrees, any such renewal that extends beyond the one year anniversary of the Effective Date shall be in increments of 90 days each, and the Fees payable for such Service during each such renewal
period shall be the greater of (i) the rate for renewal, if any, reflected in the Ongoing Services Schedule, or, (ii) if no such renewal rate is reflected in the Ongoing Services Schedule, at a rate that is at least 110% of the rate of the
Fees payable for such Service during the immediately preceding renewal period (or, in the case of the first such renewal period, during the period prior to the first anniversary of the Effective Date). If Service Provider declines the requested
renewal, Service Provider shall provide written notice to Spinco at least 60 days prior to the expiration of the then current term for such Service category. 
 7.1.3 Termination Date. (a) Subject to the last sentence of this Section, no Service Termination Date shall exceed 18 months after the Effective Date unless otherwise agreed to by the parties
in their sole discretion. Notwithstanding the foregoing, the Service Termination Date in respect of the Services identified as “Specified Services” may be extended in accordance with Section 7.1.2 for up to 24 months after the
Effective Date. Any extension of Services beyond 18 months after the Effective Date shall be on the basis of fair market value for the services rendered, as determined by a third party valuation paid for by Spinco. 

(b) Service Provider has advised Spinco that Service Provider intends to terminate the use of the mainframe that will be used in support
of the Services, including migration, on a date in 2013 which is no earlier than 18 months after the Effective Date (the “Mainframe Termination Date”). Service Provider will provide at least 90 days’ prior notice of the Mainframe
Termination Date. Notwithstanding any extension that may have been sought pursuant to Section 7.1.3(a), Service Provider will cease providing all Services (including migration), on the Mainframe Termination Date, unless at least 60 days’
prior to the Mainframe Termination Date Spinco advises Service Provider that Spinco desires for the continuation of Services beyond such date, and makes arrangements satisfactory to Service Provider to take over all cost and expense associated with
continuing the mainframe in support of the Services. 
 7.2 Termination. 

  
 9 

 7.2.1 Termination of Services. Spinco may terminate any or all of the Services in any
Service category in advance of the scheduled Service Termination Date for such Service category for any or no reason by providing Service Provider not less than 75 days prior written notice setting forth the termination date for such Service;
provided, however, that individual lines within any Service category may be terminated only if (a) such termination would not result in any liabilities or obligations that will be payable by, or that will be the responsibility of, Service
Provider, or (b) if it would result in liabilities or obligations that will be payable by, or that will be the responsibility of, Service Provider, Spinco shall have fully reimbursed or indemnified Service Provider with respect to such
liabilities or obligations. Beginning on such termination date, Spinco’s obligation to pay the Fee as specified on the Ongoing Services Schedule corresponding to such terminated Service category shall cease to accrue, but all remaining
obligations under this Agreement shall remain unaffected. Spinco shall reimburse Service Provider for all third party costs incurred by Service Provider in connection with any such termination, including without limitation costs relating to any
master data, transaction data, or historical data extracts. Spinco may also on 30 days’ prior written notice cancel all, but not less than all, of the Services in any Service category in advance of the commencement of such Service. Once
terminated or cancelled, a Service cannot be reinstated unless Service Provider consents, which consent may be withheld in Service Provider’s sole discretion. 
 7.2.2 Termination for Breach. If a party materially breaches any of its obligations under this Agreement and does not cure such breach within 30 days after receiving written notice of such breach
from the non-breaching party, then the non-breaching party may, at its option, terminate all, but not less than all, of the Services in the affected line within a Service category, or all Services in their entirety, by providing written notice of
termination to the other party, which termination shall be effective immediately or as of such later date as may be specified in the notice of termination; provided, however, that Spinco shall pay to Service Provider, within 30 days after such
termination, all Fees earned and any costs incurred by Service Provider pursuant to Section 2.3, Section 2.1.3, 2.1.4, or Section 7.3 through the date of such termination. 

7.2.3 Bankruptcy Termination. This Agreement may be terminated by either party upon at least 30 days prior written notice if the
other party is declared insolvent or bankrupt, or makes an assignment for the benefit of creditors, or a receiver is appointed or any proceeding is demanded by, for or against the other under any provision of the federal bankruptcy Laws. Any
termination of this Agreement shall be without prejudice to any rights or obligations of the parties accruing prior to such termination including the right to payment of unpaid amounts owing for Services performed prior to termination. 

7.2.4 General Termination. If not earlier terminated, this Agreement will terminate on the expiration or termination of the last
Service being performed hereunder, and thereafter all rights and obligations hereunder shall be terminated, except for the payment by Spinco of any remaining Fees due and payable hereunder, and except as otherwise provided in Section 9.4.

 7.3 Transition; Obligations on Termination. In connection with the transition of the Services to Spinco:
(i) prior to the expiration or termination of the applicable Service Termination Date, Service Provider shall cooperate with all reasonable requests by Spinco in 

  
 10 

 
connection with the transition of the performance of the Services from Service Provider to Spinco, (ii) Service Provider shall return to Spinco or destroy, at Spinco’s option, all
Confidential Information (as defined in the Confidentiality Agreement) of Spinco that is in Service Provider’s possession, and (iii) Spinco shall reimburse Service Provider for any and all costs and expenses incurred by Service Provider in
connection with such transition. Notwithstanding the foregoing, in the event that certain Confidential Information cannot reasonably or practicably be returned to Spinco or destroyed (if directed by Spinco) after Service Provider and Spinco has used
all commercially reasonable efforts to attempt such return or destruction), Spinco shall, prior to the expiration or termination of the applicable Service Termination Date, identify the Confidential Information that it wishes for Service Provider to
retain, and Service Provider shall use commercially reasonable efforts to retain such Confidential Information for a period of seven years after the expiration or termination of the applicable Service Termination Date, and shall provide Spinco and
Acquirer reasonable access to such Confidential Information over such time period; provided that Spinco shall reimburse Service Provider for any and all costs and expenses incurred by Service Provider in connection with such retention and access. In
the event any Service is terminated prior to the applicable Service Termination Date (other than pursuant to Section 7.2.2 as a result of a breach by Service Provider), Spinco shall be responsible to Service Provider for reasonable and proper
termination charges payable to third parties, which shall include all cancellation costs incurred by Service Provider or costs for materials acquired in connection with the provision of such Service or Services and Service Provider’s costs
related to the transition. 
 ARTICLE 8 
 LIMITATION ON LIABILITY; INDEMNIFICATION 
 8.1 Limitation on
Liability; Indemnification. 
 (a) As used in this Section 8.1: (i) “Losses” means losses, damages, and
expenses, and “Third Party Losses” means Losses sustained by any Person other than Spinco. 
 (b) Service Provider
shall not be liable for any Loss (including without limitation any Loss sustained by Spinco in respect of a Third Party Loss) arising out of or related to the Services, whether arising out of breach of warranty, strict liability, tort, contract or
otherwise, other than Losses resulting from Service Provider’s or its Subcontractors’ breach of this Agreement, gross negligence or willful misconduct with respect to the provision of Services. 

(c) Under no circumstances shall Service Provider or any Affiliate of Service Provider have liability hereunder (in the aggregate) in
excess of the total amount of all Fees paid by Spinco, or be otherwise required to pay out in damages, cost of settlement, or otherwise, in excess of such amount. 
 (d) Service Provider shall defend, indemnify, and hold Spinco and its officers, directors, managers, partners, members, employees, agents, successors, assigns and Affiliates harmless from and against any
actual or alleged Losses resulting from Service Provider’s or its Subcontractors’ breach of this Agreement, gross negligence or willful misconduct with respect to the provision of the Services. 

  
 11 

 (e) Spinco shall defend, indemnify and hold Service Provider and its officers, directors,
employees, agents, successors, assigns and Affiliates harmless from and against any and all actual or alleged Losses resulting from Spinco’s breach of this Agreement, gross negligence or willful misconduct. 

(f) NEITHER PARTY HERETO SHALL BE LIABLE TO THE OTHER FOR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES OR FOR PUNITIVE OR EXEMPLARY
DAMAGES. 
 (g) EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, SERVICE PROVIDER MAKES NO REPRESENTATIONS OR WARRANTIES
WHATSOEVER, EXPRESS OR IMPLIED (INCLUDING ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OR ANY IMPLIED WARRANTY OF NON-INFRINGEMENT), WITH RESPECT TO THE SERVICES TO BE PROVIDED UNDER THIS AGREEMENT. 

8.2 Procedure. A party (the “Indemnified Party”) shall notify the other party (the “Indemnifying
Party”) in writing of any claim, action or demand (a “Third Party Claim”) for which the Indemnified Party intends to claim indemnification under this Article 8. If the Indemnifying Party fails to assume the defense of such
Third Party Claim within 30 days after notice of any such Third Party Claim, or such shorter period as is reasonably required, the Indemnified Party will have the right to undertake the defense, compromise or settlement of such Third Party Claim on
behalf of and for the account and risk, and at the expense, of the Indemnifying Party, subject to the right of the Indemnifying Party to assume the defense of such Third Party Claim at any time prior to settlement, compromise or final determination
thereof. Notice of any Third Party Claim shall be given promptly after the Indemnified Party becomes aware of the Third Party Claim, but no delay in giving such notice shall affect the Indemnified Party’s right to indemnification hereunder
except to the extent that such delay shall have affected the Indemnifying Party’s ability to defend or settle such Third Party Claim. Notice of a Third Party Claim shall be accompanied by all information reasonably available to the Indemnified
Party relevant to the investigation, assessment, defense and settlement of such Third Party Claim. The Indemnified Party shall, at the request and expense of the Indemnifying Party, take such actions as the Indemnifying Party may reasonably request
in connection with the investigation, assessment, defense and settlement of any Third Party Claim. 
 ARTICLE 9

 GENERAL 
 9.1 Confidential Information. The rights and obligations under this Agreement are subject to any specific limitations, qualifications or additional provisions on the sharing, exchange or
confidential treatment of information set forth in the Confidentiality Agreement. 
 9.2 Relationship of the Parties.
Service Provider, in performance of its obligations under this Agreement, is acting as an independent contractor to Spinco, and not as a partner, joint 

  
 12 

 
venture or agent, nor do the parties intend to create by this Agreement an employer-employee relationship. Each party retains control over its personnel, and the employees of one party shall not
be considered employees of the other party. Neither party shall be bound by any representation, act or omission of the other party. Neither party has any right, power or authority to create any obligation, express or implied, on behalf of the other
party. 
 9.3 Subcontracting. Service Provider may use contractors, subcontractors, vendors or other third parties
(collectively, “Subcontractors”) to provide some or all of the Services either on-site or at other locations. In the event that Service Provider uses any Subcontractors to perform any Services, Service Provider shall not be released
from responsibility for its obligations under this Agreement. Service Provider shall be fully responsible, financially and otherwise, for the Services provided by each Subcontractor to the same extent as if Service Provider had performed the
Services (subject to the limitations set forth in this Agreement) itself and shall pay the fees and expenses of any such Subcontractor. 
 9.4 Survival. The provisions relating to payment in Section 2.1.3 and 2.1.4, and the provisions of Sections 2.3, 3.4, ARTICLE 5, Section 7.3, ARTICLE 8 and ARTICLE 9 shall survive
termination or expiration of the Service Performance Period. 
 9.5 Entire Agreement. The schedules to this Agreement
shall be construed with and as an integral part of this Agreement to the same extent as if the same had been set forth verbatim herein. This Agreement, the Separation Agreement, the Confidentiality Agreement and the Merger Agreement (together in
each case with the schedules, exhibits and other documents referenced therein) contain, and are intended as, a complete statement of all of the terms and the arrangements between the parties hereto with respect to the matters provided for herein,
and supersede any previous agreements and understandings between the parties with respect to those matters. 
 9.6 Governing
Law. This Agreement (and any claims or disputes arising out of or related hereto or to the transactions contemplated hereby or to the inducement of any Party to enter herein, whether for breach of contract, tortious conduct or otherwise and
whether predicated on common law, statute or otherwise) is governed by and construed and interpreted in accordance with the Laws of the State of Delaware irrespective of the choice of laws principles of the State of Delaware, including all matters
of validity, construction, effect, enforceability, performance and remedies. 
 9.7 Jurisdiction; Consent to
Jurisdiction. 
 (a) Exclusive Jurisdiction. Each of the parties irrevocably agrees that any claim, dispute or
controversy (of any and every kind or type, whether based on contract, tort, statute, regulation or otherwise, and whether based on state, federal, foreign or any other law), arising out of, relating to or in connection with this Agreement,
including disputes relating to the 

  
 13 

 
existence, validity, breach or termination of this Agreement (any such claim being a “Covered Claim”) may be brought and determined in any federal or state court located in the State of
Delaware, and each of the parties hereto hereby irrevocably submits in respect of Covered Claims for itself and in respect to its property, generally and unconditionally, to the exclusive jurisdiction of the aforesaid courts. Each of the parties
hereto hereby irrevocably waives, and agrees not to assert, by way of motion, as a defense, counterclaim or otherwise, in any action or proceeding in respect of Covered Claims (a) any claim that it is not personally subject to the jurisdiction
of the above-named courts for any reason other than the failure to lawfully serve process, (b) that it or its property is exempt or immune from jurisdiction of any such court or from any legal process commenced in such courts (whether through
service of notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise) and (c) to the fullest extent permitted by applicable Laws, that (i) the suit, action or proceeding in any
such court is brought in an inconvenient forum, (ii) the venue of such suit, action or proceeding is improper and (iii) this Agreement, or the subject matter hereof, may not be enforced in or by such courts. 

(b) Waiver of Jury Trial. EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY
TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING
TO THIS AGREEMENT. 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 ANY LITIGATION, SEEK TO ENFORCE
THE FOREGOING WAIVER, (ii) EACH PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (iii) EACH PARTY MAKES THIS WAIVER VOLUNTARILY, AND (iv) EACH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT, BY, AMONG OTHER
THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS (b). 
 9.8 Headings. The section headings hereof are for
convenience of reference only and are to be given no effect in construction, interpretation or effect hereof. 
 9.9
Notices. All notices and other communications hereunder shall be in writing and provided to the addresses set forth below and shall be deemed given on the date of actual receipt at the address or facsimile number of the recipient party
(Service Provider or Spinco, as the case may be), all as shown below (or to such other address as such party may have specified by notice given to the other party pursuant to this Section 9.9): 

 

			
	 If to Service Provider, to:
	  	
	  
 	  	  

  
 14 

 
			
	  
 	 	  
	  
 	 	 
		
	 with a copy to:
	 	
	  
 	 	  
	  
 	 	  
	  
 	 	  
		
	 If to Spinco, to:
	 	
	  
 	 	  
	  
 	 	  
	  
 	 	  
		
	 with a copy to:
	 	
	  
 	 	  
	  
 	 	  
	  
 	 	  

 9.10 Severability. The invalidity or unenforceability of any provision hereof shall not
affect the validity or enforceability of any other provision hereof, each of which shall remain in full force and effect. 

9.11 Binding Effect; No Third Party Beneficiaries; Assignment. This Agreement shall be legally binding upon and inure to the
benefit of the parties hereto and their respective successors and assigns. Nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any Person not a party hereto (other than the rights of the Indemnified
Parties under Article 8). No assignment hereof or of any rights or obligations hereunder may be made by any party hereto (by operation of law or otherwise) without the prior written consent of the other party hereto and any attempted assignment
without such required consent shall be without effect. No assignment by either party shall relieve the assigning party of responsibility for the performance of its obligations under this Agreement. 

9.12 Amendments. This Agreement may be amended, supplemented or modified only pursuant to a written instrument making specific
reference hereto signed by each of the parties hereto. 

  
 15 

 9.13 Waiver. No waiver of any breach of this Agreement shall be effective unless in
writing and signed by the party to be bound thereby. No waiver by any party of any breach of this Agreement shall be deemed to extend to any prior or subsequent breach or affect in any way any rights arising by virtue of any such prior or subsequent
occurrence. 
 9.14 Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be
deemed an original, but all of which together shall constitute one and the same instrument. Copies of executed counterparts transmitted by facsimile or other electronic transmission service shall be considered original executed counterparts for
purposes of this Section. 
 9.15 Non-Recourse. No past, present or future director, officer, employee, incorporator,
member, partner, stockholder, Affiliate, agent, attorney or representative of either Service Provider or Spinco or their Affiliates shall have any liability for any obligations or liabilities of Service Provider or Spinco, respectively, under this
Agreement or for any claims based on, in respect of, or by reason of, the transactions contemplated by this Agreement. 
 9.16
Effect if Distribution Does Not Occur. If the Distribution does not occur, then all actions and events that are, under this Agreement, to be taken or occur shall not be taken or occur except to the extent specifically agreed by the parties.

 [Remainder of page intentionally left blank.] 

  
 16 

 IN WITNESS WHEREOF, each of the parties hereto has caused this Agreement to be executed by
an authorized representative as of the Effective Date. 
  

			
	“Service Provider”
	
	MEADWESTVACO CORPORATION
		
	By:	 	  

		 	Name:
		 	Title:
	
	“Spinco”
	
	MONACO SPINCO INC.
		
	By:	 	  

		 	Name:
		 	Title:

 [TSA Signature Page]

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