Document:

<PAGE>
                                                                  EXECUTION COPY

                                                                    Exhibit 10.7

                         TRANSITIONAL SERVICES AGREEMENT

                                     between

                                   ALCAN INC.

                                       and

                                  NOVELIS INC.

                              Dated January 3, 2005
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                                TABLE OF CONTENTS

<TABLE>
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1.  DEFINITIONS AND INTERPRETATION.........................................    1
   1.1   Definitions.......................................................    1
   1.2   Currency..........................................................    5

2.  TRANSITION SERVICE SCHEDULES...........................................    5

3.  SERVICES...............................................................    5
   3.1   Services generally................................................    5
   3.2   Service levels....................................................    6
   3.3   Impracticability..................................................    6
   3.4   Additional resources..............................................    6

4.  OPERATING COMMITTEE....................................................    7
   4.1   Organization......................................................    7
   4.2   Decision making...................................................    7
   4.3   Meetings..........................................................    7

5.  TERM...................................................................    7

6.  COMPENSATION...........................................................    8
   6.1   Charges for Services..............................................    8
   6.2   Payment terms.....................................................    8
   6.3   Taxes.............................................................    9
   6.4   Set off...........................................................    9
   6.5   Performance under Ancillary Agreements............................    9
   6.6   Error correction; true-Ups; accounting............................    9

7.  GENERAL OBLIGATIONS; STANDARD OF CARE..................................   10
   7.1   Performance metrics: Alcan Group..................................   10
   7.2   Performance Metrics: Novelis Group................................   10
   7.3   Disclaimer of warranties..........................................   11
   7.4   Transitional nature of Services; changes..........................   11
   7.5   Responsibility for errors; delays.................................   11
   7.6   Cooperation; consents.............................................   11
   7.7   Alternatives......................................................   12
   7.8   Personnel.........................................................   13
   7.9   Insurance.........................................................   13

8.  TERMINATION............................................................   14
   8.1   Termination.......................................................   14
   8.2   Survival..........................................................   15
   8.3   Payment...........................................................   15
   8.4   User Ids, passwords...............................................   16
</TABLE>
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                                      -ii-

<TABLE>
<S>                                                                           <C>
9.  RELATIONSHIP BETWEEN THE PARTIES.......................................   16

10. SUBCONTRACTORS.........................................................   16

11. INTELLECTUAL PROPERTY..................................................   17
   11.1  Allocation of rights by Ancillary Agreements......................   17
   11.2  Existing ownership rights unaffected..............................   17
   11.3  Cross license to pre-existing works...............................   18
   11.4  Third Party software..............................................   18
   11.5  Termination of Licences...........................................   18

12. NO OBLIGATIONS.........................................................   19

13. CONFIDENTIALITY........................................................   19

14. LIMITATION OF LIABILITY AND INDEMNIFICATION............................   20
   14.1  Indemnification...................................................   20
   14.2  Limitation of Liability...........................................   22
   14.3  Exclusions........................................................   22
   14.4  Provisions applicable with respect to Indemnification
            Obligations....................................................   23
   14.5  Survival..........................................................   23

15. DISPUTE RESOLUTION.....................................................   23

16. ASSIGNMENT.............................................................   23
   16.1  Prohibition on Assignments........................................   23
   16.2  Assignment to Alcan Group Company.................................   23

17. MISCELLANEOUS..........................................................   23
   17.1  Construction......................................................   23
   17.2  Notices...........................................................   24
   17.3  Governing Law.....................................................   24
   17.4  Judgment Currency.................................................   24
   17.5  Entire Agreement..................................................   24
   17.6  Conflicts.........................................................   24
   17.7  Force Majeure.....................................................   25
   17.8  Waivers...........................................................   25
   17.9  Further Assurances................................................   25
</TABLE>

SCHEDULES

Schedule 1 - Form of Transition Service Schedule to Transitional Services
Agreement
<PAGE>
                         TRANSITIONAL SERVICES AGREEMENT

THIS AGREEMENT entered into in the City of Montreal, Province of Quebec, is
dated January 3, 2005.

BETWEEN:   ALCAN INC., a corporation organized under the Canada Business
           Corporations Act ("ALCAN");

AND:       NOVELIS INC., a corporation incorporated under the Canada Business
           Corporations Act ("NOVELIS").

RECITALS:

WHEREAS Alcan and Novelis have entered into a Separation Agreement pursuant to
which the Parties (as defined hereinafter) set out the terms and conditions
relating to the separation of the Separated Businesses from the Remaining Alcan
Businesses (each as defined therein) such that the Separated Businesses are to
be held, as at the Effective Time (as defined therein), directly or indirectly,
by Novelis (such agreement, as amended, restated or modified from time to time,
the "SEPARATION AGREEMENT").

WHEREAS in connection therewith, Novelis desires that Alcan and other members of
Alcan Group, as applicable, provide Novelis and other members of Novelis Group,
as applicable, with certain transitional services with respect to the operation
of Novelis Group following the Effective Date, subject to the terms and
conditions of this Agreement.

WHEREAS in connection therewith, Alcan desires that Novelis and other members of
Novelis Group, as applicable, provide Alcan and other members of Alcan Group, as
applicable, with certain transitional services with respect to the operation of
Alcan Group following the Effective Date, subject to the terms and conditions of
this Agreement.

WHEREAS the Parties have entered into this Agreement in order to set forth such
terms and conditions.

NOW THEREFORE, in consideration of the mutual agreements, covenants and other
provisions set forth in this Agreement, the Parties hereby agree as follows:

1.   DEFINITIONS AND INTERPRETATION

1.1  DEFINITIONS

     For the purposes of this Agreement, the following words and expressions and
     variations thereof, unless a clearly inconsistent meaning is required under
     the context, shall have the meanings specified or referred to in this
     Section 1.1:

     "AFFILIATE" of any Person means any other Person that, directly or
     indirectly, controls, is controlled by, or is under common control with
     such first Person as of the
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                                       -2-

     date on which or at any time during the period for when such determination
     is being made. For purposes of this definition, "CONTROL" means the
     possession, directly or indirectly, of the power to direct or cause the
     direction of the management and policies of such Person, whether through
     the ownership of voting securities or other interests, by contract or
     otherwise, and the terms "CONTROLLING" and "CONTROLLED" have meanings
     correlative to the foregoing.

     "AGREEMENT" has the meaning set forth in Article 2.

     "ALCAN" means Alcan Inc., a corporation organized under the Canada Business
     Corporations Act.

     "ALCAN CONFIDENTIAL INFORMATION" has the meaning set forth in Section 13.2.

     "ALCAN GROUP" means Alcan and its Subsidiaries from time to time after the
     Effective Time.

     "ALCAN GROUP COMPANY" means any Person forming part of the Alcan Group.

     "ALCAN INDEMNIFIED PARTIES" has the meaning set forth in Section 14.1.

     "ANCILLARY AGREEMENT" has the meaning ascribed thereto in the Separation
     Agreement.

     "APPLICABLE LAW" means any applicable law, statute, rule or regulation of
     any Governmental Authority or any outstanding order, judgment, injunction,
     ruling or decree by any Governmental Authority.

     "BUSINESS CONCERN" means any corporation, company, limited liability
     company, partnership, joint venture, trust, unincorporated association or
     any other form of association.

     "BUSINESS DAY" means any day excluding (i) Saturday, Sunday and any other
     day which, in the City of Montreal (Canada) or in the City of New York
     (United States), is a legal holiday or (ii) a day on which banks are
     authorized by Applicable Law to close in the City of Montreal (Canada) or
     in the City of New York (United States).

     "CHIEF REPRESENTATIVE" has the meaning set forth in Section 7.8(c).

     "COMMERCIALLY REASONABLE EFFORTS" means the efforts that a reasonable and
     prudent Person desirous of achieving a business result would use in similar
     circumstances to ensure that such result is achieved as expeditiously as
     possible in the context of commercial relations of the type envisaged by
     this Agreement; provided, however, that an obligation to use Commercially
     Reasonable Efforts under this Agreement does not require the Person subject
     to that obligation to assume any material obligations or pay any material
     amounts to a Third Party.
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                                       -3-

     "CONFIDENTIAL INFORMATION" has the meaning ascribed thereto in the
     Separation Agreement.

     "CONSENT" means any approval, consent, ratification, waiver or other
     authorization.

     "CONTRACT" means any contract, agreement, lease, license, commitment,
     consensual obligation, promise or undertaking (whether written or oral and
     whether express or implied) that is legally binding on any Person or any
     part of its property under Applicable Law.

     "DOLLARS" or "$" means the lawful currency of the United States of America.

     "EFFECTIVE DATE" means the effective date of the Separation Agreement as
     therein defined.

     "EFFECTIVE TIME" means 12:01 a.m. Montreal time on the Effective Date.

     "EVENT OF DEFAULT" has the meaning set forth in Section 8.1.

     "EXPIRATION DATE" has the meaning set forth in Article 5.

     "FORCE MAJEURE EVENT" has the meaning set forth in Section 17.7.

     "GOVERNMENTAL AUTHORITY" means any court, arbitration panel, governmental
     or regulatory authority, agency, stock exchange, commission or body.

     "GOVERNMENTAL AUTHORIZATION" means any Consent, license, certificate,
     franchise, registration or permit issued, granted, given or otherwise made
     available by, or under the authority of, any Governmental Authority or
     pursuant to any Applicable Law.

     "GROUP" means Alcan Group or Novelis Group, as the context requires.

     "IMPRACTICABILITY" has the meaning set forth in Section 3.3.

     "INTELLECTUAL PROPERTY AGREEMENT" means, individually or collectively, the
     Intellectual Property Agreements by and between Alcan International Limited
     and Novelis, as amended, restated or modified from time to time, and
     constituting an Ancillary Agreement to the Separation Agreement.

     "LIABILITIES" has the meaning ascribed thereto in the Separation Agreement.

     "NOVELIS" means Novelis Inc., a corporation incorporated under the Canada
     Business Corporations Act.

     "NOVELIS CONFIDENTIAL INFORMATION" has the meaning set forth in Section
     13.2.

     "NOVELIS GROUP" means Novelis and its Subsidiaries from time to time after
     the Effective Time.
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                                       -4-

     "NOVELIS INDEMNIFIED PARTIES" has the meaning set forth in Section 14.1.

     "OPERATING COMMITTEE" has the meaning set forth in Section 4.1.

     "PARTY" means each of Alcan and Novelis as a party to this Agreement and
     "PARTIES" means both of them.

     "PERMITTED PURPOSE" has the meaning set forth in Section 13.3.

     "PERSON" means any individual, Business Concern or Governmental Authority.

     "PRIME RATE" means the floating rate of interest established from time to
     time by the Royal Bank of Canada (the "BANK") as the reference rate of
     interest the Bank will use to determine rates of interest payable by its
     borrowers on US dollar commercial loans made by the Bank to such borrowers
     in Canada and designated by the Bank as its "prime rate" and which shall
     change from time to time as changed by the Bank.

     "SALES TAXES" means any sales, use, consumption, goods and services, value
     added or similar tax, duty or charge imposed pursuant to Applicable Law.

     "SEPARATION AGREEMENT" has the meaning set out in the Preamble to this
     Agreement.

     "SERVICE(S)" has the meaning set forth in Section 3.1.

     "SERVICE MANAGER" has the meaning set forth in Section 7.8(c).

     "SERVICE PROVIDER" means Alcan or a member of Alcan Group when it is
     providing a Service to Novelis or a member of Novelis Group hereunder in
     accordance with a Transition Service Schedule, and Novelis or a member of
     Novelis Group when it is providing a Service to Alcan or a member of Alcan
     Group hereunder in accordance with a Transition Service Schedule.

     "SERVICE RECIPIENT" means Novelis or a member of Novelis Group when it is
     receiving a Service from Alcan or a member of Alcan Group hereunder in
     accordance with a Transition Service Schedule, and Alcan or a member of
     Alcan Group when it is receiving a Service from Novelis or a member of
     Novelis Group hereunder in accordance with a Transition Service Schedule.

     "SUBCONTRACTOR" has the meaning set forth in Section 10.1.

     "SUBSIDIARY" of any Person means any corporation, partnership, limited
     liability entity, joint venture or other organization, whether incorporated
     or unincorporated, of which of a majority of the total voting power of
     capital stock or other interests entitled (without the occurrence of any
     contingency) to vote in the election of directors, managers or trustees
     thereof is at the time owned or controlled, directly or indirectly, by such
     Person.
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                                       -5-

     "TERM" has the meaning set forth in Article 5.

     "THIRD PARTY" means a Person that is not a Party to this Agreement, other
     than a member of Alcan Group or a member of Novelis Group and that is not
     an Affiliate of such Group.

     "THIRD PARTY CLAIM" has the meaning set forth in the Separation Agreement.

     "TRANSITION SERVICE SCHEDULE" has the meaning set forth in Article 2.

1.2  CURRENCY

     Except as otherwise specified in a Transition Service Schedule, all
     references to currency herein are to lawful money of the United States of
     America.

2.   TRANSITION SERVICE SCHEDULES

This Agreement will govern individual transitional Services as requested by
Novelis or any other member of Novelis Group, and provided by Alcan or any other
member of Alcan Group, the details of which are set forth in the Transition
Service Schedules attached to and forming part of this Agreement. This Agreement
will also govern individual transitional Services as requested by Alcan or any
other member of Alcan Group, and provided by Novelis or any other member of
Novelis Group, the details of which are set forth in the Transition Service
Schedules attached to and forming part of this Agreement. Each Service shall be
covered by this Agreement upon execution of a transition service schedule in the
form attached hereto (each transition service schedule, a "TRANSITION SERVICE
SCHEDULE").

For each Service, the Parties shall set forth in a Transition Service Schedule
substantially in the form of SCHEDULE 1 hereto, among other things, (i) the time
period during which the Service will be provided if different from the Term of
this Agreement; (ii) a summary of the Service to be provided; and (iii) the
method for determining the charge, if any, for the Service and any other terms
applicable thereto. Obligations regarding a Transition Service Schedule shall be
effective upon the later of the Effective Date of this Agreement or the date of
execution of the applicable Transition Service Schedule. This Agreement and all
the Transition Service Schedules shall be defined as the "AGREEMENT" and
incorporated herein wherever reference to it is made.

3.   SERVICES

3.1  SERVICES GENERALLY

     Except as otherwise provided herein, for the Term hereof, (a) Alcan shall
     provide to Novelis and the other members of Novelis Group, and shall cause
     the other applicable members of Alcan Group to provide or cause to be
     provided to Novelis and the other members of Novelis Group, and (b) Novelis
     shall provide to Alcan and the other members of Alcan Group, and shall
     cause the other applicable members of
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                                       -6-

     Novelis Group to provide or cause to be provided to Alcan and the other
     members of Alcan Group, the Services described in the Transition Service
     Schedule(s) attached hereto identified on such Schedules as Services to be
     provided by members of Alcan Group or Novelis Group, as applicable. The
     Service(s) described on a single Transition Service Schedule shall be
     referred to herein as a "SERVICE". Collectively, the services described on
     all the Transition Service Schedules shall be referred to herein as
     "SERVICES". Alcan and Novelis shall cause the members of their respective
     Groups to, if applicable, comply with the terms and conditions set forth in
     this Agreement or in the Transition Services Schedules.

3.2  SERVICE LEVELS

     Except as otherwise provided in a Transition Service Schedule for a
     specific service: (i) a Service Provider shall provide the Services only to
     the extent such Services are being provided by Alcan or any other member of
     Alcan Group or by Arcustarget Inc. or any of its Subsidiaries immediately
     prior to the Effective Date and at a level of service substantially similar
     to that provided by Alcan or any other member of Alcan Group or by
     Arcustarget Inc. or any of its Subsidiaries immediately prior to the
     Effective Date; and (ii) the Services will be available only for purposes
     of conducting the business of the Service Recipient substantially in the
     manner it was conducted prior to the Effective Time; provided, however,
     that nothing in this Agreement will require a Party to favor the other
     Party over its other business operations. Except as otherwise provided in a
     Transition Service Schedule in respect of a specific Service, the Parties
     will not be entitled to any new service.

3.3  IMPRACTICABILITY

     A Service Provider shall not be required to provide any Service to the
     extent the performance of such Service becomes impracticable as a result of
     a cause or causes outside the reasonable control of the Service Provider,
     including unfeasible technological requirements, or to the extent the
     performance of such Services would require the Service Provider to violate
     any Applicable Law, or would result in the breach of any license,
     Governmental Authorization or Contract (an "IMPRACTICABILITY").

3.4  ADDITIONAL RESOURCES

     In accordance with Section 7.8 below and except as specifically provided in
     a Transition Service Schedule for a specific Service, in providing the
     Services, a Service Provider shall not be obligated to: (i) hire any
     additional employees; (ii) maintain the employment of any specific
     employee; (iii) purchase, lease or license any additional facilities,
     equipment or software; or (iv) pay any costs related to the transfer or
     conversion of the Service Recipient's data to the Service Provider or any
     alternate supplier of Services.
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                                       -7-

4.   OPERATING COMMITTEE

4.1  ORGANIZATION

     The Parties shall create an operating committee (the "OPERATING COMMITTEE")
     and shall each appoint one (1) employee to the Operating Committee for the
     Term. The Operating Committee will oversee the implementation and
     application of this Agreement and shall attempt to resolve any dispute
     between the Parties. Each of the Parties shall have the right to change its
     Operating Committee member at any time with employees of comparable
     knowledge, expertise and decision-making authority.

4.2  DECISION MAKING

     All Operating Committee decisions shall be taken unanimously. If the
     Operating Committee fails to make a decision, resolve a dispute, agree upon
     any necessary action, or if a Party so requests, in the event of a material
     breach of this Agreement, a senior officer of Alcan and a senior officer of
     Novelis, neither of whom shall have any direct oversight or responsibility
     for the subject matter in dispute, shall attempt within a period of
     fourteen (14) days to conclusively resolve any such unresolved issue.

4.3  MEETINGS

     During the Term, the Operating Committee members shall meet, in person or
     via teleconference, at least once in each week. In addition, the Operating
     Committee shall meet as often as necessary in order to promptly resolve any
     disputes submitted to it by any representative of either Party.

5.   TERM

The term of this Agreement shall commence on the Effective Date and end on
December 31, 2005 (the "EXPIRATION DATE"), unless earlier terminated under
Article 8 or extended or earlier terminated as hereinafter provided, (the
"TERM"). The Parties shall be deemed to have extended this Agreement with
respect to a specific Service if the Transition Service Schedule for such
Service specifies a completion date beyond the Expiration Date. The Parties may
agree on an earlier expiration date respecting a specific Service by specifying
such date on the Transition Service Schedule for that Service. Services shall be
provided up to and including the date set forth in the applicable Transition
Service Schedule, subject to earlier termination as provided in Article 8. It
shall be the sole responsibility of the Service Recipient, upon and after
expiration or early termination of this Agreement with respect to a specific
Service, to perform, render and provide for itself (or to make arrangements with
one or more Third Party service providers to perform, render and provide) such
Service, and to do all necessary planning and make all necessary preparations in
connection therewith.
<PAGE>
                                       -8-

6.   COMPENSATION

6.1  CHARGES FOR SERVICES

     The Service Recipient shall pay the Service Provider the charges, if any,
     set forth on the Transition Service Schedules for each of the Services
     listed therein as adjusted, from time to time, in accordance with the
     processes and procedures established under Sections 7.1 and 7.2 hereof.
     Unless specifically indicated otherwise on a Transition Service Schedule,
     such fees shall be equal to the aggregate of all direct and indirect costs
     and expenses incurred by the Service Provider in providing the Services
     plus a margin equal to five percent (5%) of all such costs and expenses. No
     margin shall be added to the cost of services supplied by external
     suppliers or subcontractors required in order to render the Services. If
     there is any inconsistency between the Transition Service Schedule and this
     Section 6.1, the terms of the Transition Service Schedule shall govern. The
     Parties also intend, having regard to the reciprocal and transitional
     nature of this Agreement and other factors, for charges to be easy to
     administer and justify; and, therefore, they hereby acknowledge that it may
     be counterproductive to try to recover every cost, charge or expense,
     particularly those that are insignificant or de minimus.

6.2  PAYMENT TERMS

     Subject to Section 6.4 and except as otherwise specified in a Transition
     Service Schedule, the Service Provider shall invoice the Service Recipient
     monthly (or on such other basis as the Parties may mutually determine) for
     all charges pursuant to this Agreement. Such invoices shall specify the
     Services provided to the Service Recipient during the preceding month and
     identifying the Service fee applicable to each Service so specified, and
     shall be accompanied by reasonable documentation or other reasonable
     explanations supporting such charges. Except as otherwise specified in a
     Transition Service Schedule, the Service Recipient shall pay, net of
     applicable withholding tax, if any, the Service Provider for all Services
     provided hereunder within thirty (30) days after receipt of an invoice
     therefor by wire transfer of immediately available funds to the account
     designated by the Service Provider for this purpose. Late payments shall
     bear interest at a rate per annum equal to the Prime Rate plus 2%,
     calculated for the actual number of days elapsed, accrued from and
     excluding the date on which such payment was due up to and including the
     date of payment.

     For the purpose of the Interest Act (Canada) and disclosure thereunder,
     whenever interest to be paid hereunder is to be calculated on the basis of
     a year of 360 days or any other period of time that is less than a calendar
     year, the yearly rate of interest to which the rate determined pursuant to
     such calculation is equivalent is the rate so determined multiplied by the
     actual number of days in the calendar year in which the same is to be
     ascertained and divided by either 360 or such other period of time, as the
     case may be.
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                                       -9-

6.3  TAXES

     The fees and charges payable by the Service Recipient under this Agreement
     and set forth on the Transition Service Schedules shall be exclusive of any
     Sales Taxes or excise taxes or any customs or import charges or duties or
     any similar charges or duties which may be imposed by any Governmental
     Authority in connection with the purchase or delivery of the Services or
     materials to the Service Recipient. The Service Recipient shall remit to
     the Service Provider any Sales Taxes properly payable to the Service
     Provider pursuant to this Agreement. Applicable Sales Taxes shall be
     indicated by the Service Provider separately on all of the Service
     Provider's invoices. The Parties shall co-operate with each other to
     minimize each other's applicable Sales Taxes and each shall provide the
     other with any reasonable certificates or documents which are useful for
     such purpose.

6.4  SET OFF

     Unless otherwise agreed, neither Party shall be entitled to set off against
     any amounts due to the other under this Agreement any amounts due to it
     from such other Party under this Agreement.

     The Parties may, by decision of the Operating Committee or otherwise, agree
     to consolidate all or any of their respective monthly invoicing under
     Section 6.2 and may further agree that the corresponding invoices will be
     discharged by set off, with the debtor of the larger invoice making payment
     of the net amount owing after deduction of the amount invoiced by such
     debtor to the other Party. Such practice, if commenced, may be discontinued
     at any time at the request of either Party. Notwithstanding any such set
     off, any amount in respect of Sales Taxes required to be remitted by one
     Party to the other Party pursuant to this Agreement shall be remitted in
     full as if no set off had occurred.

6.5  PERFORMANCE UNDER ANCILLARY AGREEMENTS

     Notwithstanding anything to the contrary contained herein, a Service
     Recipient shall not be charged under this Agreement for any obligations
     that are specifically required to be performed under the Separation
     Agreement or any other Ancillary Agreement; and any such other obligations
     shall be performed and charged for (if applicable) in accordance with the
     terms of the Separation Agreement or such other Ancillary Agreement.

6.6  ERROR CORRECTION; TRUE-UPS; ACCOUNTING

     The Parties shall agree to develop, through the Operating Committee or
     otherwise, mutually acceptable reasonable processes and procedures for
     conducting internal audits and making adjustments to charges as a result of
     the movement of employees and functions between the Parties, the discovery
     of errors or omissions in charges, as well as a true-up of amounts owed. In
     no event shall such processes and procedures extend beyond eighteen (18)
     months after completion of a Service.
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                                      -10-

7.   GENERAL OBLIGATIONS; STANDARD OF CARE

7.1  PERFORMANCE METRICS: ALCAN GROUP

     Subject to Sections 3.2 to 3.4 and any other terms and conditions of this
     Agreement, Alcan shall maintain, and shall cause the relevant other members
     of Alcan Group to maintain, sufficient resources to perform their
     obligations hereunder. Specific performance metrics for Alcan for a
     specific Service may be set forth in the corresponding Transition Service
     Schedule. Where none is set forth, Alcan and the other relevant members of
     Alcan Group shall use Commercially Reasonable Efforts to provide Services,
     or to cause the Services to be provided, in accordance with Alcan's
     policies, procedures, service levels and practices in effect before the
     Effective Date and shall exercise the same care and skill as Alcan
     exercises in performing similar services for itself or for the other
     members of Alcan Group. In addition, to the extent within the possession
     and control of Alcan and the other relevant members of Alcan Group, Alcan
     shall provide, and shall cause the other relevant members of Alcan Group to
     provide, Novelis and the other relevant members of Novelis Group with
     information and documentation sufficient for Novelis and the other relevant
     members of Novelis Group to perform the Services they are obligated to
     perform hereunder as they were performed before the Effective Date and
     shall make available, as reasonably requested by Novelis or the other
     relevant members of Novelis Group, sufficient resources and timely
     decisions, approvals and acceptances in order that Novelis and the other
     relevant members of Novelis Group may perform their obligations hereunder
     in a timely manner.

7.2  PERFORMANCE METRICS: NOVELIS GROUP

     Subject to Sections 3.2 to 3.4 and any other terms and conditions of this
     Agreement, Novelis shall maintain, and shall cause the other relevant
     members of Novelis Group to maintain, sufficient resources to perform their
     obligations hereunder. Specific performance metrics for Novelis for a
     specific Service may be set forth in the corresponding Transition Service
     Schedule. Where none is set forth, Novelis and the other relevant members
     of Novelis Group shall use Commercially Reasonable Efforts to provide
     Services, or to cause the Services to be provided, in accordance with
     Alcan's policies, procedures, service levels and practices in effect before
     the Effective Date and shall exercise the same care and skill as Novelis
     exercises in performing similar services for itself or for the other
     members of Novelis Group. In addition, to the extent within the possession
     and control of Novelis and the other relevant members of Novelis Group,
     Novelis shall provide, and shall cause the other relevant members of
     Novelis Group to provide, Alcan and the other relevant members of Alcan
     Group with information and documentation sufficient for Alcan and the other
     relevant members of Alcan Group to perform the Services they are obligated
     to perform hereunder as they were performed before the Effective Date and
     shall make available, as reasonably requested by Alcan or the other
     relevant members of Alcan Group, sufficient resources and timely decisions,
     approvals and
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                                     - 11 -

     acceptances in order that Alcan and the other relevant members of Alcan
     Group may perform their obligations hereunder in a timely manner.

7.3  DISCLAIMER OF WARRANTIES

     Except as expressly provided in this Agreement, neither Alcan nor Novelis
     makes any warranties or conditions, express, implied, conventional or
     statutory, including but not limited to, the implied warranties or
     conditions of merchantability, of quality or fitness for a particular
     purpose, with respect to the Services or other items or deliverables
     provided by it or any other member of its Group hereunder or any
     transactions contemplated herein.

7.4  TRANSITIONAL NATURE OF SERVICES; CHANGES

     The Parties acknowledge the transitional nature of the Services and that a
     Service Provider may make changes from time to time in the manner of
     performing the Services if the Service Provider is making similar changes
     in performing similar services for itself and if the Service Provider
     furnishes to the Service Recipient with reasonable notice in the
     circumstances regarding such changes.

7.5  RESPONSIBILITY FOR ERRORS; DELAYS

     Except in the case of Service Provider's gross negligence, bad faith or
     wilful misconduct, a Service Provider's sole responsibility to a Service
     Recipient:

     (a)  for errors or omissions in Services, shall be to furnish correct
          information, payment and/or adjustment in the Services, at no
          additional cost or expense to the Service Recipient; provided that the
          Service Provider must promptly advise the Service Recipient of any
          such error or omission of which it becomes aware after using
          Commercially Reasonable Efforts to detect any such errors or omissions
          in accordance with the standard of care set forth in Sections 7.1 and
          7.2; and

     (b)  for failure to deliver any Service because of Impracticability, shall
          be to use Commercially Reasonable Efforts, subject to Section 3.3, to
          make the Services available or to resume performing the Services as
          promptly as reasonably practicable.

7.6  COOPERATION; CONSENTS

     The Parties shall, and shall cause the other relevant members of their
     respective Groups to, cooperate with each other in all matters relating to
     the provision and receipt of Services. Such cooperation shall include
     exchanging information, performing true-ups and adjustments, and obtaining
     all Third Party Consents, licenses or sublicenses necessary to permit each
     Party to perform its obligations hereunder (including by way of example,
     not by way of limitation, rights to use Third Party software needed for the
     performance of Services). Pursuant to Section 11.4, the
<PAGE>
                                     - 12 -

     costs of obtaining such Third Party Consents, licenses or sublicenses shall
     be borne by the Service Recipient. The Parties shall maintain, and shall
     cause the other relevant members of their respective Groups to maintain, in
     accordance with its standard document retention procedures, documentation
     supporting the information relevant to cost calculations contained in the
     Transition Service Schedules.

     With respect to those Services that, in the reasonable opinion of the
     Service Recipient, relate to matters of internal control over financial
     reporting and with respect to which Alcan or Novelis, as the case may be,
     reasonably believes a SAS 70 Type II Report is necessary in order to permit
     its management to perform an adequate assessment of internal control over
     financial reporting (and to permit its auditors to audit its internal
     control over financial reporting and management's assessment thereof), upon
     reasonable request by Alcan or Novelis, as the case may be, no later than
     30 days before the end of the 2005 calendar year, the Service Provider
     shall provide to Alcan or Novelis, as the case may be, a SAS 70 Type II
     Report within 45 days of the end of such calendar year. Such SAS 70 Type II
     Report must be prepared by the Service Provider's independent auditors in
     accordance with Statement on Auditing Standards No. 70, Service
     Organizations ("SAS 70"), and must include an opinion with respect to the
     controls that are in effect at the Service Provider over the practices and
     procedures relating to the Service Provider's performance of such Services
     under this Agreement. The Service Provider will, and will use Commercially
     Reasonable Efforts to cause its external auditors to, provide information
     to Alcan or Novelis and Alcan's or Novelis' external auditors, as the case
     may be, in order to allow Alcan or Novelis, as the case may be, and Alcan's
     or Novelis' respective external auditors, as the case may be, to perform
     procedures with respect to the SAS 70 Type II Report delivered hereunder
     and the controls to which such report relates that are required by
     generally accepted auditing standards, including, without limitation, PCAOB
     Auditing Standard No. 2, and by Section 404 of the Sarbanes-Oxley Act and
     the rules promulgated thereunder. All expenditures incurred by a Service
     Provider in performing its obligations under this paragraph shall be
     payable by the Service Recipient.

7.7  ALTERNATIVES

     If a Service Provider reasonably believes it is unable to provide any
     Service because of a failure to obtain necessary Consents, licenses or
     sublicenses pursuant to Section 7.6 or because of Impracticability, the
     Parties shall cooperate to determine the best alternative approach. Until
     such alternative approach is found or the problem otherwise resolved to the
     satisfaction of the Parties, the Service Provider shall use Commercially
     Reasonable Efforts subject to Sections 3.2, 3.3 and 3.4, to continue
     providing the Service. To the extent an agreed upon alternative approach
     requires the occurrence of costs or expenditures above and beyond that
     which is included in the Service Provider's charge for the Service in
     question, such additional costs and expenditures shall, unless otherwise
     agreed, be borne by the Service Recipient.
<PAGE>
                                     - 13 -

7.8  PERSONNEL

     (a)  RIGHT TO DESIGNATE AND CHANGE PERSONNEL. The Service Provider will
          make available such personnel as will reasonably be required to
          provide the Services described in the Transition Service Schedules.
          The Service Provider will have the right to designate which personnel
          it will assign to perform the Services. The Service Provider also will
          have the right to remove and replace any such personnel at any time or
          designate any of its Affiliates or a Subcontractor at any time to
          perform the Services, subject to the provisions of Article 10;
          provided, however, that the Service Provider will use Commercially
          Reasonable Efforts to limit the disruption to the Service Recipient in
          the transition of the Services to different personnel or to a
          Subcontractor. In the event that personnel with the designated level
          of experience are not then employed by the Service Provider, the
          Service Provider will use Commercially Reasonable Efforts to provide
          such personnel or Subcontractor personnel having an adequate level of
          experience; provided, however, that the Service Provider will have no
          obligation to retain any individual employee for the sole purpose of
          providing the applicable Services.

     (b)  FINANCIAL RESPONSIBILITY. The Service Provider will pay for all
          personnel expenses, including wages, of its employees performing the
          Services.

     (c)  SERVICE MANAGERS AND CHIEF REPRESENTATIVES. During the Term of this
          Agreement, each Party will appoint (i) one of its employees (the
          "SERVICE MANAGER") who will have overall responsibility for managing
          and coordinating the delivery of the Services and who shall serve as
          that Party's representative on the Operating Committee and (ii) one of
          its employees for each service as indicated in each Transition Service
          Schedule (the "CHIEF REPRESENTATIVE"). The Service Manager and the
          Chief Representatives will coordinate and consult with the Service
          Manager and the Chief Representatives of the other Party. Each Party
          may, at its discretion, select other individuals to serve in these
          capacities during the Term of this Agreement upon providing notice to
          the other Party. For greater certainty, a Chief Representative may
          serve as such in respect of one or more Transition Service Schedules.

7.9  INSURANCE

     Each Party shall obtain and maintain at its own expense insurance of the
     type generally maintained in the ordinary course of its business. Except as
     otherwise specified in a Transition Service Schedule, neither Party shall
     be required to obtain and maintain any particular insurance in relation to
     providing or receiving any Service.
<PAGE>
                                     - 14 -

8.   TERMINATION

8.1  TERMINATION

     A Service Recipient may terminate this Agreement, either with respect to
     all or with respect to any one or more of the Services provided to the
     Service Recipient hereunder, with or without cause, at any time upon at
     least thirty (30) days prior notice to the Service Provider, unless the
     specific Transition Service Schedule requires otherwise. To the extent
     possible, the Service Recipient will give such notice of termination at the
     beginning of a fiscal month to terminate the Service as of the beginning of
     the next fiscal month to avoid the need to prorate any monthly payment
     charges. As soon as reasonably practicable following receipt of any such
     notice, the Service Provider shall advise the Service Recipient as to
     whether termination of such Service will (a) require the termination or
     partial termination of, or otherwise affect the provision of, certain other
     Services, or (b) result in any early termination costs, including those
     related to Subcontractors, which in any event, shall be borne by the
     Service Recipient as set forth in Section 8.3. If either will be the case,
     the Service Recipient may withdraw its termination notice within five (5)
     Business Days. If the Service Recipient does not withdraw the termination
     notice within such period, such termination will occur in accordance with
     the original notice.

     In addition, the Parties agree that (a) this Agreement may be terminated in
     its entirety immediately at the option of the non-defaulting Party, in the
     event that an Event of Default occurs in relation to the other Party, and
     such termination shall take effect immediately upon the non-defaulting
     Party providing notice to the other of the termination (except as otherwise
     specified in clause (e) below), and that (b) either Party may terminate
     this Agreement (and the corresponding Transition Service Schedule) with
     respect to a specific Service upon providing notice to the other Party in
     the event that an Event of Default occurs in relation to such other Party,
     and such termination shall take effect immediately upon the non-defaulting
     Party providing such notice to the other (except as otherwise specified in
     clause (e) below).

     For the purposes of this Agreement, each of the following shall
     individually and collectively constitute an "EVENT OF DEFAULT":

     (a)  in relation to the Service Recipient, if the Service Recipient
          defaults in payment to the Service Provider of any payments which are
          due and payable by it to the Service Provider pursuant to this
          Agreement, and such default is not cured within thirty (30) days
          following receipt by the Service Recipient of notice of such default;

     (b)  in relation to the Service Provider, if the Service Provider defaults
          in payment to the Service Recipient of any payments which are due and
          payable by it to the Service Recipient pursuant to this Agreement (if
          any), and such default is not cured within thirty (30) days following
          receipt by the Service Provider of notice of such default;
<PAGE>
                                     - 15 -

     (c)  either Party breaches any of its material obligations to the other
          Party pursuant to this Agreement (other than as set out in paragraphs
          (a) and (b) above), and fails to cure it within thirty (30) days after
          receipt of notice from the non-defaulting Party specifying the default
          in reasonable detail and demanding that it be rectified, provided that
          if such breach is not capable of being cured within thirty (30) days
          after receipt of such notice and the Party in default has diligently
          pursued efforts to cure the default within the thirty (30) day period,
          no Event of Default under this paragraph (c) shall occur;

     (d)  either Party breaches any representation or warranty, or fails to
          perform or comply with any covenant, provision, undertaking or
          obligation in or of the Separation Agreement;

     (e)  in relation to Novelis (1) upon the occurrence of a Non Compete Breach
          (as defined in the Separation Agreement) and the giving of notice of
          the termination of this Agreement by Alcan to Novelis pursuant to
          Section 14.03(b) of the Separation Agreement, or (2) upon the
          occurrence of a Change of Control Non Compete Breach (as defined in
          the Separation Agreement) and the giving of notice of the termination
          of this Agreement by Alcan to Novelis pursuant to Section 14.04(e) of
          the Separation Agreement, in which event the termination of this
          Agreement shall be effective immediately upon Alcan providing Novelis
          notice pursuant to Section 14.03(b) or Section 14.04(e) of the
          Separation Agreement; or

     (f)  either Party (i) is bankrupt or insolvent or takes the benefit of any
          statute in force for bankrupt or insolvent debtors, or (ii) files a
          proposal or takes any action or proceeding before any court of
          competent jurisdiction for its dissolution, winding-up or liquidation,
          or for the liquidation of its assets, or a receiver is appointed in
          respect of its assets, which order, filing or appointment is not
          rescinded within sixty (60) days.

8.2  SURVIVAL

     Notwithstanding the foregoing, in the event of any termination or
     expiration with respect to one or more Services, but less than all
     Services, this Agreement shall continue in full force and effect with
     respect to any Services not terminated or expired.

8.3  PAYMENT

     Immediately following the Expiration Date, the Service Provider shall
     cease, or cause the other members of the Group to which it belongs, or its
     Subcontractors to cease, providing the Services, and the Service Recipient
     shall promptly pay or cause the other members of the Group to which it
     belongs, to promptly pay all fees accrued pursuant to Article 6 but unpaid
     to the Service Provider, provided, however, that in case of earlier
     termination without cause, the Service Recipient, notwithstanding
<PAGE>
                                     - 16 -

     Article 2129 of the Civil Code of Quebec, shall reimburse the Service
     Provider only to the extent of the reasonable termination costs actually
     incurred by the Service Provider resulting from the Service Recipient's
     early termination of such Services, including those owed to Subcontractors.
     The Service Provider will use Commercially Reasonable Efforts to mitigate
     such termination costs.

8.4  USER IDS, PASSWORDS

     The Parties shall use Commercially Reasonable Efforts upon the termination
     or expiration of this Agreement or of any specific Service hereto to ensure
     that access by one Party to the other Party's systems is cancelled.

9.   RELATIONSHIP BETWEEN THE PARTIES

Each Party is and will remain at all times an independent contractor in the
performance of all Services hereunder. In all matters relating to this
Agreement, each Party will be solely responsible for the acts of its employees
and agents, and employees or agents of one Party shall not be considered
employees or agents of the other Party. Except as otherwise provided herein, no
Party will have any right, power or authority to create any obligation, express
or implied, on behalf of any other Party nor shall either Party act or represent
or hold itself out as having authority to act as an agent or partner of the
other Party, or in any way bind or commit the other Party to any obligations.
Nothing in this Agreement is intended to create or constitute a joint venture,
partnership, agency, trust or other association of any kind between the Parties
or Persons referred to herein, and each Party shall be responsible only for its
respective obligations as set forth in this Agreement. Neither Party nor its
employees shall be considered an employee or agent of the other Party for any
purpose, except as expressly agreed by the Parties. Each Party shall have sole
responsibility for the supervision, daily direction and control, payment of
salary (including withholding of income taxes and deductions at source),
worker's compensation, disability benefits and the like of its employees.

10.  SUBCONTRACTORS

10.1 A Service Provider may, subject to Section 10.2, engage a "SUBCONTRACTOR"
     to perform all or any portion of the Service Provider's duties under this
     Agreement, provided that any such Subcontractor agrees in writing to be
     bound by confidentiality obligations at least as protective as the terms of
     Section 11.07 of the Separation Agreement regarding confidentiality and
     non-use of information, and provided further that the Service Provider
     remains responsible for the performance of such Subcontractor and for
     paying the Subcontractor. As used in this Agreement, "SUBCONTRACTOR" will
     mean any Person or entity engaged to perform hereunder.

10.2 In the event of a Service Provider wishes to engage a Subcontractor to
     perform all or any portion of the Service Provider's duties under this
     Agreement, as a condition precedent to any such subcontracting: (a) the
     Service Provider shall provide the Service Recipient with a notice of its
     intention to do so and such notice shall set forth
<PAGE>
                                     - 17 -

     with reasonable details the nature of the duties or Services the Service
     Provider wishes a Subcontractor to perform, the identity of the proposed
     Subcontractor as well as the specific terms and conditions of such proposed
     subcontracting; and (ii) the Service Provider shall obtain the written
     consent of the Service Recipient, which consent may be withheld by the
     Service Recipient in its absolute discretion.

10.3 In the event of any subcontracting by a Service Provider to a non-Affiliate
     of the Service Provider of all or any portion of the Service Provider's
     duties under this Agreement, the Service Provider shall assign and transfer
     to the Service Recipient the full benefit of all such non-Affiliate
     subcontractor's performance covenants, guarantees, warranties or
     indemnities (if any), to the extent same are transferable or assignable, in
     respect of the portion of the Services provided to the Service Recipient
     pursuant to such subcontracting; and if any such guarantees, warranties,
     indemnities and benefits are not assignable, the Service Provider shall use
     Commercially Reasonable Efforts to procure the benefit of same for the
     Service Recipient through other legal permissible means.

11.  INTELLECTUAL PROPERTY

11.1 ALLOCATION OF RIGHTS BY ANCILLARY AGREEMENTS

     This Agreement and the performance of this Agreement will not affect the
     ownership of any patent, trademark or copyright or other intellectual
     property rights allocated in the Separation Agreement or any of the
     Ancillary Agreements.

11.2 EXISTING OWNERSHIP RIGHTS UNAFFECTED

     Neither Party will gain, by virtue of this Agreement, any rights of
     ownership of copyrights, patents, trade secrets, trademarks or any other
     intellectual property rights owned by the other. Notwithstanding the
     foregoing, any ideas, concepts or any results arising out of the
     performance of the Services (the "RESULTS") by the Service Provider
     hereunder shall be the exclusive property of the Service Recipient. The
     Service Provider shall execute all documents and perform all other acts
     necessary or desirable to confirm title in the name of the Service
     Recipient in the Results in any jurisdiction of the world including all
     copyrights, trade secrets and industrial designs, and provide assistance,
     if necessary, to protect or enforce the Service Recipient's rights under
     said intellectual property rights. Such obligation to execute documents and
     provide assistance shall survive the expiration or early termination of
     this Agreement.

     The Service Recipient agrees to reimburse the Service Provider for any
     reasonable out-of-pocket expenses arising out of the obligations under this
     Section 11.2. The Service Provider hereby waives and shall cause its
     employees to waive, the whole of its and their moral rights to any
     copyright material developed under this Agreement.
<PAGE>
                                     - 18 -

11.3 CROSS LICENSE TO PRE-EXISTING WORKS

     Alcan grants Novelis and the other members of Novelis Group during the Term
     of this Agreement, a non-exclusive, worldwide, royalty-free,
     non-transferable license to use, copy and make derivative works of,
     distribute, display, perform and transmit Alcan's pre-existing copyrighted
     works or other intellectual property rights solely to the extent necessary
     to perform its obligations under this Agreement and such copyrighted works
     or other intellectual property rights will remain the property of Alcan or
     its Affiliates, as the case may be, and Novelis and the other members of
     Novelis Group will have no rights or interests therein, including no
     sublicensing right, except as may otherwise be set forth in the
     Intellectual Property Agreement or in the Separation Agreement.

     Novelis grants Alcan and the other members of Alcan Group during the Term
     of this Agreement, a non-exclusive, worldwide, royalty-free,
     non-transferable license to use, copy and make derivative works of,
     distribute, display, perform and transmit Novelis's pre-existing
     copyrighted works or other intellectual property rights solely to the
     extent necessary to perform its obligations under this Agreement and such
     copyrighted works or other intellectual property rights will remain the
     property of Novelis or its Affiliates, as the case may be, and Alcan and
     the other members of Alcan Group will have no rights or interests therein,
     including no sublicensing right, except as may otherwise be set forth in
     the Intellectual Property Agreement or in the Separation Agreement.

11.4 THIRD PARTY SOFTWARE

     In addition to the consideration set forth elsewhere in this Agreement, the
     Service Recipient shall also pay any amounts (and applicable Sales Taxes)
     that are required to be paid to any licensors of software that is used by
     the Service Provider in connection with the provision of any Service
     hereunder, and any amounts (and applicable Sales Taxes) that are required
     to be paid to any such licensors to obtain the Consent of such licensors to
     allow the Service Provider to provide any of the Services hereunder.
     Subject to the immediately preceding sentence and to the terms of the
     Separation Agreement, the Service Provider will use Commercially Reasonable
     Efforts to obtain any Consent that may be required from such licensors in
     order to provide any of the transition Services hereunder.

11.5 TERMINATION OF LICENCES

     Any license granted hereunder by a Party shall terminate ipso facto upon
     the expiration or early termination of this Agreement.
<PAGE>
                                     - 19 -

12.  NO OBLIGATIONS

Neither Party assumes any responsibility or obligation whatsoever, other than
the responsibilities and obligations expressly set forth in this Agreement
(including the exhibits and schedules hereto), in the Separation Agreement or in
a separate written agreement between the Parties.

13.  CONFIDENTIALITY

13.1 The terms of the Confidentiality provisions set forth in Sections 11.07 and
     11.08 of the Separation Agreement shall apply to all Confidential
     Information disclosed in the course of the Parties' interactions under this
     Agreement. This Article 13 of the Agreement sets out additional
     requirements regarding confidential information for the purposes of this
     Agreement.

13.2 The terms "NOVELIS CONFIDENTIAL INFORMATION" and "ALCAN CONFIDENTIAL
     INFORMATION" shall mean all data, documents and information, whether or not
     explicitly designated as being confidential, disclosed or to be disclosed
     by Novelis or any other member of Novelis Group to Alcan or to any other
     member of Alcan Group, or by Alcan or any other member of Alcan Group to
     Novelis or to any other member of Novelis Group, concerning the business
     operations, assets or affairs of Novelis Group or Alcan Group respectively
     (including information transmitted in written, electronic, magnetic or
     other form, information transmitted orally and information gathered by a
     Party through visual inspections or observation or by any other means), and
     any and all information which may be developed or created, in whole or in
     part, directly or indirectly, from such information including all notes,
     summaries, analyses, compilations and other writings, but does not include
     information that: (a) at the time of delivery to the Service Provider has
     been or subsequently becomes generally available to the public other than
     as a result of disclosure by the Service Recipient; (b) is or subsequently
     becomes available to the Service Provider on a non-confidential basis from
     a source who is not bound by this Agreement and is not otherwise under a
     legal obligation not to disclose such information; or (c) is required to be
     disclosed by Applicable Law or any Governmental Authority.

13.3 The term "PERMITTED PURPOSE" means the provision of a "SERVICE" by a
     Service Provider to a Service Recipient under this Agreement.

13.4 The Novelis Confidential Information to be shared with Alcan Group, and the
     Alcan Confidential Information to be shared with Novelis Group, shall be
     limited to that which would be shared with a Third Party service provider
     that is providing the particular Service to the Service Recipient and shall
     not be used by a Service Provider for any purpose other than a Permitted
     Purpose or in any way that is detrimental to the Service Recipient. In
     particular,

     (a)  the Service Provider shall not disclose any Novelis Confidential
          Information or Alcan Confidential Information, as the case may be, to
          any employee of the
<PAGE>
                                     - 20 -

          Service Provider who does not have a need to know such Novelis
          Confidential Information or Alcan Confidential Information in order to
          perform the Permitted Purpose;

     (b)  the Service Provider shall not disclose any Novelis Confidential
          Information or Alcan Confidential Information, as the case may be, to
          any employee of the Service Provider who has line management authority
          related to a competing business of the Service Recipient with respect
          to the Service in question;

     (c)  the Service Provider shall not use the Novelis Confidential
          Information or the Alcan Confidential Information, as the case may be,
          other than for such purposes as shall be expressly permitted under
          this Agreement; and

     (d)  the Service Provider shall maintain a list of employees of the Service
          Provider who need to have access to Novelis Confidential Information
          or Alcan Confidential Information, as the case may be, for a Permitted
          Purpose. The Chief Representative of the Service Provider for each
          Transition Service shall be responsible for maintaining this list.

13.5 The Novelis Confidential Information and the Alcan Confidential
     Information, including any derivative documents prepared by Alcan Group or
     Novelis Group, respectively, will be held in safe custody and kept
     confidential on the terms set forth in this Agreement. Each Alcan Group
     employee who is authorized to have or be aware of Novelis Confidential
     Information, or Novelis Group employee who is authorized to have or be
     aware of Alcan Confidential Information, will store that information in his
     possession in separate paper and electronic files.

13.6 The obligations of the Parties under this Article 13 shall survive the
     expiration or earlier termination of this Agreement.

14.  LIMITATION OF LIABILITY AND INDEMNIFICATION

14.1 INDEMNIFICATION

     Alcan shall indemnify, defend and hold harmless Novelis, each other member
     of Novelis Group and each of their respective directors, officers and
     employees, and each of the heirs, executors, trustees, administrators,
     successors and assignors of any of the foregoing (collectively, the
     "NOVELIS INDEMNIFIED PARTIES"), from and against any and all Liabilities of
     the Novelis Indemnified Parties incurred by, borne by or asserted against
     any of them relating to, arising out of or resulting from any of the
     following items (without duplication);

     (a)  the breach or the failure of performance by Alcan of any of the
          covenants, promises, undertakings or agreements which it is obligated
          to perform under this Agreement;
<PAGE>
                                      -21-

     (b)  death of or injury of any person whomsoever, including but not limited
          to directors, officers, employees, servants or agents of Novelis, of
          another member of Novelis Group, or contractors to the extent that
          such Liabilities are not covered by worker's compensation;

     (c)  loss of, or damage to, or destruction of any property whatsoever,
          including any loss of use thereof, including without limitation,
          property of Novelis, of another member of Novelis Group, or their
          respective directors, officers, employees, agents, subsidiaries or
          subcontractors; or

     (d)  any claim or assertion that the execution or performance by Novelis of
          its obligations under this Agreement violates or interferes with any
          contractual or other right or obligation or relationship of Alcan to
          or with any other Person,

     caused by, arising out of, or in any way related to this Agreement, the
     provision of Services as contemplated in this Agreement by Novelis, or the
     other members of Novelis Group, their respective directors, officers,
     employees, servants, agents, subsidiaries or subcontractors, but subject
     however to the limitations of liability provided in this Agreement.

     Novelis shall indemnify, defend and hold harmless Alcan, each other member
     of Alcan Group and each of their respective directors, officers and
     employees, and each of the heirs, executors, trustees, administrators,
     successors and assignors of any of the foregoing (collectively, the "ALCAN
     INDEMNIFIED PARTIES"), from and against any and all Liabilities of the
     Alcan Indemnified Parties incurred by, borne by or asserted against any of
     them relating to, arising out of or resulting from any of the following
     items (without duplication);

     (a)  the breach or the failure of performance by Novelis of any of the
          covenants, promises, undertakings or agreements which it is obligated
          to perform under this Agreement;

     (b)  death of or injury of any person whomsoever, including but not limited
          to directors, officers, employees, servants or agents of Alcan, of
          another member of Alcan Group, or contractors to the extent that such
          Liabilities are not covered by worker's compensation;

     (c)  loss of, or damage to, or destruction of any property whatsoever,
          including any loss of use thereof, including without limitation,
          property of Alcan, of another member of Alcan Group, or their
          respective directors, officers, employees, agents, subsidiaries or
          subcontractors; or

     (d)  any claim or assertion that the execution or performance by Alcan of
          its obligations under this Agreement violates or interferes with any
          contractual or other right or obligation or relationship of Novelis to
          or with any other Person,
<PAGE>
                                      -22-

          caused by, arising out of, or in any way related to this Agreement,
          the provision of Services as contemplated in this Agreement by Alcan,
          or the other members of Alcan Group, their respective directors,
          officers, employees, servants, agents, subsidiaries or subcontractors,
          but subject however to the limitations of liability provided in this
          Agreement.

14.2 LIMITATION OF LIABILITY

     Notwithstanding the provisions of Section 14.1, the total aggregate
     liability of Alcan to Novelis for all events, acts or omissions of Alcan
     under or in connection with this Agreement or the Services provided by
     Alcan hereunder, and the total aggregate liability of Novelis to Alcan for
     all events, acts or omissions of Novelis under or in connection with this
     Agreement or the Services provided by Novelis hereunder, in each case,
     whether based on an action or claim in contract, warranty, equity,
     negligence, tort or otherwise, shall not exceed (i) in the case of the
     liability of Alcan to Novelis, an amount equal to the value of the Services
     payable by Novelis to Alcan under this Agreement, or (ii) in the case of
     the liability of Novelis to Alcan, an amount equal to the value of the
     Services payable by Alcan to Novelis under this Agreement; provided that
     the foregoing limit shall not apply (i) in the case of the liability of
     Alcan to Novelis, with respect to any liability arising out of or relating
     to Alcan's gross negligence or wilful misconduct or the gross negligence or
     wilful misconduct of its personnel, mandataries or agents or other Persons
     for which it is responsible under Applicable Law, or (ii) in the case of
     the liability of Novelis to Alcan, with respect to any liability arising
     out of or relating to Novelis's gross negligence or wilful misconduct or
     the gross negligence or wilful misconduct of its personnel, mandataries or
     agents or other Persons for which it is responsible under Applicable Law.

     In no event shall any member of Alcan Group or Novelis Group be liable to
     any member of the other Group for any special, consequential, indirect,
     collateral, incidental or punitive damages, lost profits, or failure to
     realize expected savings, or other commercial or economic loss of any kind,
     however caused and on any theory of liability, (including negligence)
     arising in any way out of this Agreement, whether or not such Person has
     been advised for the possibility of any such damages; provided, however,
     that the foregoing limitations shall not limit either Party's
     indemnification obligations for liabilities to with respect to Third Party
     Claims as set forth in Article IX of the Separation Agreement.

14.3 EXCLUSIONS

     Notwithstanding any provision to the contrary in this Agreement, the
     foregoing limitations in this Article 14 shall not apply to Alcan's
     obligation to indemnify Novelis in respect of an intellectual property
     right infringement claim instituted or made by a Third Party in connection
     with Alcan's Services or software or to Novelis's obligation to indemnify
     Alcan in respect of an intellectual property right
<PAGE>
                                      -23-

     infringement claim instituted or made by a Third Party in connection with
     Novelis's Services or software.

14.4 PROVISIONS APPLICABLE WITH RESPECT TO INDEMNIFICATION OBLIGATIONS

     Sections 9.04, 9.05, 9.06, 9.07 and 9.09 of the Separation Agreement shall
     apply mutatis mutandis with respect to any Liability subject to
     indemnification or reimbursement pursuant to Article 14 of this Agreement.

14.5 SURVIVAL

     The rights and obligations of the Parties under this Article 14 shall
     survive the expiration or earlier termination of this Agreement.

15.  DISPUTE RESOLUTION

     The Master Agreement with Respect to Dispute Resolution, effective on the
     Effective Date, among the Parties and other parties thereto shall govern
     all disputes, controversies or claims (whether arising in contract, delict,
     tort or otherwise) between the Parties that may arise out of, or relate to,
     or arise under or in connection with, this Agreement or the transactions
     contemplated hereby (including all actions taken in furtherance of the
     transactions contemplated hereby), or the commercial or economic
     relationship of the Parties relating hereto or thereto.

16.  ASSIGNMENT

16.1 PROHIBITION ON ASSIGNMENTS

     Neither Party shall assign or transfer this Agreement, in whole or in part,
     or any interest or obligation arising under this Agreement except as
     permitted by Section 7.8(a), Article 10 and Section 16.2, without the prior
     written consent of the other Party.

16.2 ASSIGNMENT TO ALCAN GROUP COMPANY

     With the consent of Novelis, such consent not to be unreasonably withheld
     or delayed, Alcan may elect to have one or more of the Alcan Group
     Companies assume the rights and obligations of Alcan under this Agreement.

17.  MISCELLANEOUS

17.1 CONSTRUCTION

     The rules of construction and interpretation set forth in Section 16.04 of
     the Separation Agreement shall apply to this Agreement.
<PAGE>
                                      -24-

17.2 NOTICES

     All notices and other communications hereunder shall be given in the manner
     set forth in Section 16.10 of the Separation Agreement.

17.3 GOVERNING LAW

     This Agreement shall be governed by and construed and interpreted in
     accordance with the laws of the Province of Quebec and the laws of Canada
     applicable therein, irrespective of conflict of laws principles under
     Quebec law, as to all matters, including matters of validity, construction,
     effect, enforceability, performance and remedies.

17.4 JUDGMENT CURRENCY

     The obligations of a Party to make payments hereunder shall not be
     discharged by an amount paid in any currency other than Dollars, whether
     pursuant to a court order or judgment or arbitral award or otherwise, to
     the extent that the amount so paid upon conversion to Dollars and
     transferred to an account indicated by the Party to receive such funds
     under normal banking procedures does not yield the amount of Dollars due;
     and each Party hereby, as a separate obligation and notwithstanding any
     such judgment, agrees to indemnify each other Party against, and to pay to
     such Party on demand, in Dollars, any difference between the sum originally
     due in Dollars and the amount of Dollars received upon any such conversion
     and transfer.

17.5 ENTIRE AGREEMENT

     This Agreement, the Separation Agreement and exhibits, schedules and
     appendices hereto and thereto and the specific agreements contemplated
     herein or thereby, contain the entire agreement between the Parties with
     respect to the subject matter hereof and supersedes all previous
     agreements, negotiations, discussions, writings, understandings,
     commitments and conversations with respect to such subject matter. No
     agreements or understandings exist between the Parties other than those set
     forth or referred to herein or therein.

17.6 CONFLICTS

     In case of any conflict or inconsistency between this Agreement and the
     Separation Agreement, this Agreement shall prevail. In case of any conflict
     or inconsistency between the terms and conditions of this Agreement
     (excluding, for the purpose of this Section 17.6, any Transition Service
     Schedule thereto) and the terms of any Transition Service Schedule, the
     provisions of the Transition Service Schedule shall prevail.
<PAGE>
                                      -25-

17.7 FORCE MAJEURE

     No Party shall be deemed in default of this Agreement to the extent that
     any delay or failure in the performance of its obligations under this
     Agreement results from superior force ("force majeure") or any act,
     occurrence or omission beyond its reasonable control and without its fault
     or negligence, such as fires, explosions, accidents, strikes, lockouts or
     labour disturbances, floods, droughts, earthquakes, epidemics, seizures of
     cargo, wars (whether or not declared), civil commotion, acts of God or the
     public enemy, action of any government, legislature, court or other
     Governmental Authority, action by any authority, representative or
     organisation exercising or claiming to exercise powers of a government or
     Governmental Authority, compliance with Applicable Law, blockades, power
     failures or curtailments, inadequacy or shortages or curtailments or
     cessation of supplies of raw materials or other supplies, failure or
     breakdown of equipment of facilities or, in the case of computer systems,
     any failure in electrical or air conditioning equipment (a "FORCE MAJEURE
     EVENT"). If a Force Majeure Event has occurred and its effects are
     continuing, then, upon notice by the Party who is delayed or prevented from
     performing its obligations to the other Party, (i) the affected provisions
     or other requirements of this Agreement shall be suspended to the extent
     necessary during the period of such disability, (ii) the Party which is
     delayed or prevented from performing its obligations by a Force Majeure
     Event shall have the right to apportion its Services in an equitable manner
     to all users and (iii) such Party shall have no liability to the other
     Party or any other Person in connection therewith. The Party which is
     delayed or prevented from performing its obligations by the Force Majeure
     Event shall resume full performance of this Agreement as soon as reasonably
     practicable following the cessation of the Force Majeure Event (or the
     consequences thereof).

17.8 WAIVERS

     No failure on the part of a Party to exercise and no delay in exercising,
     and no course of dealing with respect to, any right, power or privilege
     under this Agreement shall operate as a waiver thereof, nor shall any
     single or partial exercise of any right, power or privilege under this
     Agreement preclude any other or further exercise thereof or the exercise of
     any other right, power or privilege. The remedies provided herein are
     cumulative and not exclusive of any remedies provided by the Applicable
     Laws.

17.9 FURTHER ASSURANCES

     Each Party agrees to use Commercially Reasonable Efforts to execute any and
     all documents and to perform such other acts as may be necessary or
     expedient to further the purposes of this Agreement and the relations
     contemplated hereby. Without limiting the foregoing and the provisions of
     the Separation Agreement (including Article XIV thereof) each Party shall
     make available during normal business hours for inspection by the other
     Party and such other Persons as the other
<PAGE>
                                      -26-

     Party shall designate in writing, all books and records in the possession
     which relate to the Services and which are necessary to confirm the said
     Party's compliance with its obligations under this Agreement.

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY BLANK.]
<PAGE>
IN WITNESS WHEREOF, the Parties hereto have caused this Transitional Services
Agreement to be executed by their duly authorized representatives.

                                        ALCAN INC.

                                        By: /s/ David McAusland
                                            ------------------------------------
                                            Name:
                                                  ------------------------------
                                            Title:
                                                  ------------------------------

                                        NOVELIS INC.

                                        By: /s/ Brian W. Sturgell
                                            ------------------------------------
                                            Name:
                                                  ------------------------------
                                            Title:
                                                   -----------------------------<PAGE>
                                                                    EXHIBIT 10.8

                                                                  EXECUTION COPY

                         INTELLECTUAL PROPERTY AGREEMENT

                                     BETWEEN

                           ALCAN INTERNATIONAL LIMITED

                                       AND

                                  NOVELIS INC.
<PAGE>
                                TABLE OF CONTENTS

<TABLE>
<S>                                                                           <C>
1.0 PREAMBLE...............................................................    1

2.0 DEFINITIONS............................................................    1

3.0 TRANSFER OF TECHNOLOGY.................................................    7

4.0 LICENSE RIGHTS GRANTED.................................................   10

5.0 EXCLUDED TECHNOLOGY....................................................   12

6.0 TERMINATION OF PARTICIPATION IN JTA....................................   14

7.0 PROTECTION OF INFORMATION..............................................   15

8.0 TERM AND TERMINATION...................................................   17

9.0 SURVIVAL OF OBLIGATIONS................................................   19

10.0 REPRESENTATIONS.......................................................   19

11.0 DISCLAIMER............................................................   19

12.0 TRADEMARK, TRADE NAME AND LOGO........................................   20

13.0 NON-WAIVER............................................................   20

14.0 NO PARTNERSHIP, JOINT VENTURE.........................................   20

15.0 FURTHER ASSURANCES, CONSENTS, ETC.....................................   21

16.0 NOTICES...............................................................   21

17.0 ASSIGNMENT............................................................   22

18.0 INDEMNIFICATION.......................................................   22

19.0 ENTIRE AGREEMENT, AMENDMENTS..........................................   24

20.0 DISPUTE RESOLUTION....................................................   25

21.0 MISCELLANEOUS.........................................................   25

22.0 GOVERNING LAW.........................................................   26
</TABLE>
<PAGE>
                         INTELLECTUAL PROPERTY AGREEMENT

This Intellectual Property Agreement is entered into with effect as of the
Effective Date.

BETWEEN:   Alcan International Limited, a Canadian corporation having its head
           office at 1188 Sherbrooke Street West, Montreal, Quebec, Canada
           (hereinafter referred to as "ALCANINT")

AND:       Novelis Inc., a Canadian corporation having its registered office at
           1188 Sherbrooke Street West, Montreal, Quebec, Canada (hereinafter
           referred to as "NOVELIS ") acting as principal and as agent for other
           members of Novelis Group, as herein provided.

WHEREAS, Alcanint is a wholly-owned subsidiary of Alcan; and

WHEREAS, Alcan Inc. and Novelis have entered into the Separation Agreement with
effect as of the Effective Date, which provides, among other things, for the
transfer of certain assets from Alcan to Novelis and the assumption by Novelis
of certain liabilities in connection with the distribution of common shares of
Novelis to Alcan shareholders and the execution and delivery of certain other
agreements, including this Agreement; and

WHEREAS Alcanint owns and manages certain technology on behalf of and for the
benefit of Alcan and its Affiliates and desires to transfer or license to
Novelis certain rights in technology owned by it;

WHEREAS a further purpose of this Agreement is to achieve compliance with
regulatory requirements in respect of the separation of certain aluminum rolling
assets from Alcan in a manner which allows them to continue to be viable;

NOW THEREFORE, in consideration of the foregoing and the mutual agreements set
forth below, and other good and valuable consideration, the receipt and adequacy
of which is hereby acknowledged, the parties hereto agree as follows:

1.0  PREAMBLE

     The preamble hereto shall be considered an integral part of this Agreement.

2.0  DEFINITIONS

     2.1  "AEROSPACE INDUSTRY" shall mean the production of aircraft,
          spacecraft, satellites and similar craft for manned or unmanned
          flight;

     2.2  "AFFILIATE" shall mean, with respect to any corporation, association
          or other business entity, any other entity directly or indirectly
          controlling, controlled by or

                                       1
<PAGE>
          under common control with such specified corporation, association or
          entity. For purposes of this definition, "control" (including, with
          correlative meanings, the terms "controlling," "controlled by" and
          "under common control with"), means the possession, directly or
          indirectly, of the power to direct or cause the direction of
          management or policies, whether through the ownership of voting
          securities, by agreement or otherwise; provided, however, that
          beneficial ownership of 10% or more of the securities or other
          interest entitled to vote generally in the election of directors shall
          be deemed to be control;

     2.3  "AGREEMENT" shall mean this Intellectual Property Agreement and all
          other documents that are made a part hereof;

     2.4  "ALCAN" shall mean Alcan Inc., a Canadian corporation;

     2.5  "ALCAN GROUP COMPANY" shall mean Alcan or any entity of which a
          majority of the total voting power of capital stock or other interests
          entitled (without regard to the occurrence of any contingency) to vote
          in the election of directors, managers or trustees thereof is at the
          time owned or controlled, directly or indirectly, by Alcan;

     2.5A "ARRANGEMENT" shall have the meaning ascribed to such term in the
          Separation Agreement;

     2.6  "AUTOMOTIVE SHEET" shall mean aluminum Sheet products destined or
          intended for use in or principally related to the production of inner
          and outer body panels (including closures, skin, hoods, deckslids and
          fenders) and Sheet-based body-in-white structures for road vehicles;

     2.7  "AUTOMOTIVE SHEET PATENTS" shall mean the patents and patent
          applications in respect of Automotive Sheet as listed in Appendix ASP;

     2.8  "COCAST TECHNOLOGY" shall mean the Technology originally developed by
          Wagstaff Inc. and further developed by Alcan Group Companies,
          primarily at the Solatens Facility, related to the casting of
          composite ingots with distinct regions having different alloy
          compositions as generally described in the patents and patent
          applications listed in Appendix CCT;

     2.9  "DESIGNATED PATENTS" shall mean patents and patent applications owned
          by Alcanint and listed in Appendix DP;

     2.10 "EFFECTIVE DATE" shall mean the Effective Date as defined in the
          Separation Agreement;

     2.11 "EXCLUDED TECHNOLOGY" shall mean the Technology described in Section
          5.1;

                                       2
<PAGE>
     2.12 "FLEXCAST TECHNOLOGY" shall mean the Technology specific to continuous
          casting of a thin strip between two chilled metallic belts as
          generally described in the patents and patent applications listed in
          Appendix FCT;

     2.13 "FLEXSTREME TECHNOLOGY" shall mean the Technology and equipment
          designs originally developed by Wagstaff Inc. and further developed by
          Alcan Group Companies, primarily at the Solatens Facility, related to
          the horizontal direct chill casting of small diameter ingots suitable
          for use as forging stock as generally described in the patents and
          patent applications listed in Appendix FST;

     2.14 "INSITU HOMOGENIZATION TECHNOLOGY" shall mean ***.

     2.15 "JOINT TECHNOLOGY AGREEMENTS" or "JTAS" shall mean the Agreements
          between Alcanint and various other Alcan Group Companies for joint
          research and technical assistance in the field of aluminum and other
          materials fabricating and/or aluminum reduction and/or the production
          of raw materials for the production of aluminum and/or manufacturing
          packaging using aluminum foil and other materials;

     2.16 "LICENSED PATENTS" shall mean the patents and patent applications
          listed in Appendix LP;

     2.17 "LICENSED EQUIPMENT PATENTS" shall mean the patents and patent
          applications listed in Appendix LEP;

     2.18 "LICENSED TECHNOLOGY" shall mean any and all, copyrights, trade
          secrets, information, data, inventions, designs and similar rights
          that have been used or developed, or are being used or developed for
          use by Novelis or any Novelis Subsidiaries on or immediately before
          the Effective Date for or in connection with the use and exploitation
          of any one of the facilities that form part of Novelis as of the
          Effective Date that are related to the following:

               -    Sheet ingot casting and metallurgy and associated melting,
                    metal cleaning, molten metal delivery, quality measurement
                    and environmental technologies;

----------
***  Certain information on this page has been omitted and filed separately with
     the Securities and Exchange Commission. Confidential treatment has been
     requested with respect to the omitted portions.

                                       3
<PAGE>
               -    laminated products as pursued as of the Effective Date at
                    the Ohle, Ludensheid, Berlin, Bridgnorth or Etobicoke foil
                    operations of Alcan;

               -    Technology specific to the production of rolled Plate with a
                    thickness of less than 12mm to the extent that such
                    technology was in use immediately prior to the Effective
                    Date at manufacturing facilities that will form a part of
                    Novelis as of the Effective Date;

               -    the Ouro Preto/Aratu/Petrocoque Technology;

          Licensed Technology shall also include all Technology related to
          management systems and business processes including environment health
          and safety, value based management, continuous improvement, production
          scheduling and management and individual performance and career
          management and all business forms, contract forms, and other written
          and electronic business materials used by Novelis or a Novelis
          Subsidiary prior to the Effective Date subject in each case to Novelis
          obtaining at its sole cost any necessary consents, provided that all
          such Technology and materials have been modified as necessary to
          delete any reference to brand names, trademarks, service marks being
          retained by Alcan Group Companies.

     2.19 "NETCAST TECHNOLOGY" shall mean the Technology originally developed by
          Wagstaff Inc. and further developed by Alcan Group Companies,
          primarily at the Solatens Facility, related to the direct chill
          casting of complex shapes certain aspects of which are described in
          the patents and patent applications listed in Appendix NCT;

     2.19A "NOVELIS GROUP" means Novelis and the Novelis Subsidiaires.

     2.20 "NOVELIS SUBSIDIARY" shall mean, as of and from the Effective Date,
          (i) Petrocoque S.A. - Industria E Comercio, Aluminium Norf GmbH and
          Logan Aluminum Inc, in each case for so long as Novelis retains at
          least its current ownership stake in such entity and (ii) any other
          entity of which a majority of the total voting power of capital stock
          or other interests entitled (without the occurrence of any
          contingency) to vote in the election of directors, managers or
          trustees thereof is at the time owned or controlled, directly or
          indirectly by Novelis;

     2.21 "OURO PRETO/ARATU/PETROCOQUE TECHNOLOGY" shall mean the Technology
          employed in the operations of any one or more of the facilities known
          as Ouro Preto, Aratu and Petrocoque as of the Effective Date. Ouro
          Preto is a bauxite mine, alumina refinery and aluminum smelter, Aratu
          is an aluminum smelter with an associated electricity generating
          facility; and Petrocoque is a facility that produces calcined
          petroleum coke;

                                       4
<PAGE>
     2.21A "PECHINEY" means Pechiney, a wholly-owned subsidiary of Alcan,
          together with all entities that were subsidiaries of Pechiney when
          Pechiney became a subsidiary of Alcan, in December 2003.

     2.22 "PAE TWIN ROLL CASTING TECHNOLOGY" shall mean Technology specific to
          the continuous casting of a relatively thin metal strip between two
          chilled rolls which is marketed by Pechiney Aluminium Engineering
          certain aspects of which are described in the patents and patent
          applications listed in Appendix TRCT;

     2.23 "PAE METAL TREATMENT TECHNOLOGY" shall mean Technology specific to the
          melting, holding and casting of aluminum, treatments of molten
          aluminum to remove hydrogen, solid and liquid inclusions and alkali
          metal and related equipment namely IRMA, JetCleaner, Alpur, PDBF, CCF
          and Autopak which is marketed by Pechiney Aluminium Engineering as of
          the Effective Date, certain aspects of which are described in the
          patents and patent applications listed in Appendix MTT;

     2.24 "PLATE" shall mean rolled and/or cast aluminum product with a
          thickness of greater than 6.5mm that is not intended for further
          rolling to a thickness of 6.5mm or less (reroll);

     2.25 "ROLLED PRODUCTS" means rolled aluminum products in the form of Foil,
          Sheet and rolled Plate of a thickness of less than 12 mm;

     2.26 "SECONDARY INTELLECTUAL PROPERTY AGREEMENT" shall mean that other
          Intellectual Property Agreement of even date herewith between Novelis
          as party of the first part and Alcanint as party of the second part;

     2.27 "SEPARATION AGREEMENT" shall mean the Separation Agreement herewith
          between Alcan and Novelis, as described in the Preamble to this
          Agreement;

     2.28 "SHEET" and "FOIL" shall have the same meaning as is commonly ascribed
          to those expressions in the aluminum industry in reference to rolled
          aluminum provided that it is of a thickness of 6.5mm or less;

     2.29 "SOLATENS FACILITY" shall mean the facility in Spokane, Washington
          known as Solatens;

     2.30 "TECHNOLOGY" shall mean any and all patents, patent applications,
          copyrights, trade secrets, information, data, inventions, designs,
          manufacturing processes, know-how, technical information,
          specifications, creative works and similar rights either conceived or
          first reduced to practice on or before the Effective Date that are
          owned, licensable or otherwise under the control and direction of

                                       5
<PAGE>
          Alcanint or any other Alcan Group Company before the Effective Date,
          including Novelis Subsidiaries;

     2.31 "TRANSFERRED TECHNOLOGY" shall mean the Technology described in
          Section 3.1; and

     2.32 "UNRESTRICTED LICENSED TECHNOLOGY" shall mean any and all, copyrights,
          trade secrets, information, data, inventions, designs and similar
          rights that have been used or developed, or are being used or
          developed for use in connection with research, development,
          production, marketing or sale of Rolled Products by Novelis or any
          Novelis Subsidiary on or immediately before the Effective Date or in
          connection with the use and exploitation of any of the facilities
          owned or operated by Novelis or a Novelis Subsidiary as of the
          Effective Date that are freely licensable by Alcanint or any Alcan
          Group Company and related to the following:

               -    Recycling aluminum, scalping, homogenization and preheating
                    technology, hot rolling, cold rolling, foil rolling,
                    coiling, cooling and lubrication, continuous and batch heat
                    treatment, quenching, mechanical finishing, slitting,
                    cutting to length, laser blanking and all associated
                    technologies (e.g. profile, gauge and shape measurement and
                    control and pollution reduction and control);

               -    Mechanical finishing, surface texturing, chemical
                    pre-treatment, painting, lacquering and curing technologies
                    for Sheet and Foil;

               -    Metallurgy related to the properties and microstructural
                    evolution through continuous casting, hot rolling, coiling,
                    cooling, cold rolling, foil rolling, heat-treatment,
                    quenching, mechanical finishing, and downstream finishing
                    and fabrication processes for sheet, foil and sheet ingot
                    applied internally or by customers for Sheet and Foil (e.g.
                    forming, rolling, painting and lacquering, curing and
                    etching of Sheet and Foil);

               -    Manufacture of rigid and semi-rigid aluminum foil containers
                    and closures;

               -    Metal property and alloy composition specifications related
                    to Rolled Products;

               -    In-service sheet and foil product performance in terms of
                    mechanical property changes, corrosion (bare and surface
                    treated Sheet) in final applications;

                                       6
<PAGE>
               -    All process simulation models, scheduling and productivity
                    models and historic information to the extent recorded and
                    relevant to the Licensed Technology, Unrestricted Licensed
                    Technology or Transferred Technology;

               -    Enabling Technologies and know-how related to processes and
                    application of aluminum Rolled Products materials used by
                    customers (e.g. AVT automotive body-in-white assembly
                    process, spot welding, adhesive bonding, riveting
                    technologies, etching and finishing, structural simulation
                    models pertinent to applications); and

               -    Technology for the production of Foil to the extent it is
                    being used or has been used under existing or past practices
                    at the former Pechiney Annecy, Rugles, Dudelange and
                    Flemalle sites for the sole purpose of painting Sheet or
                    producing circles from Sheet or producing Foil.

               -    Technology specific to making and using the inventions
                    claimed in the Designated Patents and the Automotive Sheet
                    Patents;

               -    All other Technology, other than Excluded Technology, that
                    is in use or held for use as of the Effective Date in
                    connection with the research, development, production,
                    marketing or sale of Rolled Products at the facilities of
                    Novelis and the Novelis Subsidiaries as of the Effective
                    Date subject to Alcanint's right, upon reasonable request,
                    to be informed as to the identity, scope and use of such
                    other Technology;

     2.33 In the event of any ambiguity as to the inclusion of a particular
          Technology within Excluded Technology, Licensed Technology,
          Transferred Technology, or Unrestricted Licensed Technology, such
          Technology still be allocated in the following order of preference:
          (1) Transferred Technology; (2) Excluded Technology; (3) Licensed
          Technology; and (4) Unrestricted Licensed Technology.

3.0  TRANSFER OF TECHNOLOGY

     3.1  Alcanint hereby grants, conveys, transfers and assigns and agrees to
          deliver (and agrees to cause any appropriate Alcan Group Company to
          grant, convey, transfer, assign and agree to deliver) to Novelis, in
          its capacity as principal for the sole purpose of acquiring legal
          title therein, and in its capacity as agent for the relevant members
          of Novelis Group for the purpose of acquiring all beneficial ownership
          therein and for all other purposes, all right, title and interest, of
          whatever nature or kind throughout the world of Alcanint or any Alcan
          Group Company in and to the following:

                                       7
<PAGE>
          3.1.1 the Designated Patents;

          3.1.2 the Automotive Sheet Patents and related Technology which is
               only useful in the production of Automotive Sheet and which
               originated: (i) without use of or reference to Technology owned
               or developed by Pechiney, and (ii) within a business unit or
               manufacturing facility that will be owned by Novelis Group as of
               the Effective Date;

          3.1.3 Technology that is only useful in the production of beverage can
               body Sheet, beverage can end Sheet and tab stock (for beverage
               cans) which originated: (i) without use of or reference to
               Technology owned or developed by Pechiney, and (ii) within any
               business unit or manufacturing facility that will form part of
               Novelis as of the Effective Date;

          3.1.4 NetCast Technology, CoCast Technology, FlexStreme Technology and
               Insitu Homogenisation Technology;

          3.1.5 PAE Twin Roll Casting Technology and FlexCast Technology, in
               both cases subject to Schedule FT;

          3.1.6 PAE Metal Treatment Technology;

          3.1.7 the right to grant licenses and rights under and with respect to
               any of the foregoing and to sue for any infringement occurring
               before or after the Effective Date as well as all statutory,
               contractual and other claims, demands and causes of action for
               royalties, fees or other income from, or infringement,
               misappropriation or violation of, any of the foregoing, and all
               of the proceeds from the foregoing that are accrued and unpaid as
               of, and/or accruing after, the Effective Date;

          3.1.8 all causes of action and rights of recovery against third
               parties for past infringement in and to the Transferred
               Technology, and for past misappropriation by third parties of
               trade secrets in and to the Transferred Technology; and

          3.1.9 the right to apply for and obtain statutory rights and
               registrations with respect to any of the foregoing Technology.

     3.2  The foregoing transfer and assignment shall be subject to the licenses
          granted to Alcanint and other Alcan Group Companies pursuant to the
          Secondary Intellectual Property Agreement.

     3.3  If and to the extent that, as a matter of law in any jurisdiction,
          ownership, title, or any rights of interest in or to any of the
          Transferred Technology cannot be assigned as provided in Section 3.1,
          (i) Alcanint agrees subject to the other

                                       8
<PAGE>
          terms and conditions of this Agreement to assign and transfer, and
          hereby assigns and transfers to Novelis (as agent for the relevant
          member of Novelis Group) all rights (including, without limitation,
          all economic and commercialization rights) that can be assigned
          pursuant to Section 3.1 to the fullest extent permissible; and (ii)
          Alcanint agrees subject to the other terms and conditions of this
          Agreement to grant, and hereby grants, Novelis (as agent for the
          relevant member of Novelis Group) an unlimited, exclusive,
          irrevocable, worldwide, perpetual, royalty-free license, to use,
          exploit and commercialize in any manner now known or in the future
          discovered and for whatever purpose, any rights to Transferred
          Technology that cannot be assigned as contemplated by Section 3.1.

     3.4  Alcanint further covenants that it will, without demanding any further
          consideration therefor, at the request and expense of Novelis (except
          for the value of the time of Alcanint employees), do (and cause Alcan
          Group Companies to do) all lawful and just acts that may be or become
          necessary for evidencing, maintaining, recording and perfecting
          Novelis' rights to such Transferred Technology consistent with Alcan's
          general business practice as of the Effective Date, including but not
          limited to, execution and acknowledgement of (and causing Alcan Group
          Companies to execute and acknowledge) assignments and other
          instruments in a form reasonably required by Novelis for each relevant
          jurisdiction.

     3.5  Alcanint and each other Alcan Group Company shall retain any
          Technology not transferred to Novelis by virtue of the foregoing.
          Novelis warrants to Alcanint that neither it nor any Novelis
          Subsidiary owns any Technology (other than the Transferred Technology
          and only to the extent conveyed hereunder) as of the Effective Date
          and further acknowledges that any other Technology that it or any
          Novelis Subsidiary may be deemed to have owned prior to the Effective
          Date was intended to be owned by Alcanint and shall be deemed to have
          been held by Novelis or such Novelis Subsidiary for the benefit of
          Alcanint. This provision shall not apply to that Technology described
          in the final paragraph of Section 2.18.

     3.6  Each of Alcanint and Novelis shall deliver to the other all documents
          and instruments necessary or appropriate to be duly executed where
          appropriate by the applicable party(ies) and notarized where indicated
          in the exhibits to this Agreement.

     3.7  Novelis acknowledges and agrees that the foregoing assignment is
          subject to any and all licenses or other rights that may have been
          granted by Alcanint or any other Alcan Group Company with respect to
          the Transferred Technology prior to the Effective Date.

                                       9
<PAGE>
     3.8  The determination regarding which Novelis Group company (sometimes
          referenced in this Agreement as the "relevant member of Novelis
          Group") shall be entitled to beneficial ownership of Transferred
          Technology or to a license of Licensed Patents, Unrestricted Licensed
          Technology or Licensed Technology shall be made having regard to the
          following factors:

          3.8.1 whether the relevant member of Novelis Group was a party to any
               JTA while such entity was an Alcan Group Company;

          3.8.2 whether the relevant member of Novelis Group reasonably requires
               the relevant beneficial ownership or license in connection with
               the ownership or operation of one or more of its businesses on
               and after the Effective Date, based on the use of Technology in
               connection with such business prior to the Effective Date; and

          3.8.3 such other factors as may reasonably be taken into account by
               Novelis and as are consistent with the provisions of this
               Agreement.

     3.9  Novelis covenants that it will enter into such agreements with the
          relevant members of Novelis Group as may be necessary or desirable for
          the orderly management of the Technology mentioned in section 3.8.

4.0  LICENSE RIGHTS GRANTED

          4.1.1 Alcanint hereby grants to Novelis and Novelis hereby accepts, as
               agent for the relevant members of Novelis Group and subject to
               the terms and conditions of this Agreement a royalty free license
               to use and commercialize the Licensed Patents, Unrestricted
               Licensed Technology and Licensed Technology to operate, maintain,
               repair, reconstruct, rebuild and expand any present or future
               facilities of Novelis Group and to use and sell the products
               produced using the Licensed Patents, Unrestricted Licensed
               Technology and/or the Licensed Technology pursuant thereto world
               wide; provided that the royalty free license in respect of the
               Ouro Preto/Aratu/Petrocoque Technology shall be limited such that
               it may be used only at the same geographic sites.

          4.1.2 Pursuant to the license granted under Section 4.1.1, Novelis
               shall be permitted to sublicense any Unrestricted Licensed
               Technology except to the extent the use of such Unrestricted
               Licensed Technology is covered by patents held by Alcanint or any
               other Alcan Group Company.

          4.1.3 Novelis may grant sublicenses under the Licensed Patents and the
               Licensed Technology (i) to third parties (such as customers and
               vendors)

                                       10
<PAGE>
               to the extent necessary or appropriate to give commercial effect
               to the rights sought to be transferred, assigned or licensed
               hereunder and (ii) to Novelis Subsidiaries provided that any such
               sublicense may be made effective retroactively but not prior to
               the sublicensee's becoming a Novelis Subsidiary and any such
               sublicense shall terminate immediately upon such sublicensee no
               longer being a Novelis Subsidiary, except in a transaction that
               meets the conditions of Section 17.2.

     4.2  All licenses granted to Novelis under this Agreement are personal,
          indivisible, royalty-free, non-exclusive, and non-transferable except
          as otherwise specifically provided herein, and shall be subject to all
          terms and conditions herein set forth and apply only to the extent
          herein specified and defined. The non-exclusive licenses granted
          hereunder shall exist as long as this Agreement is effective in
          accordance with Article 8.0, provided, however that the non-exclusive
          licenses granted hereunder is subject to termination in accordance
          with Article 8.0.

          4.2.1 Alcanint hereby grants to Novelis (and agrees to cause any
               appropriate Alcan Group Company to grant to Novelis) and Novelis
               hereby accepts, as agent for the relevant members of Novelis
               Group and subject to the terms and conditions to this Agreement
               (i) a royalty-free right and license to operate, maintain and
               repair equipment subject to the Licensed Equipment Patents that
               was acquired prior to the Effective Date and to use and sell the
               products produced therewith on a world-wide basis and (ii) a
               conditional royalty-free right and license to use the Licensed
               Equipment Patents to build, operate, maintain, repair,
               reconstruct, rebuild and expand any present or future facilities
               of Licensee and to use and sell the products produced therewith
               on a world-wide basis.

          4.2.2 To the extent that (i) Alcanint continues the commercial sale of
               equipment for implementing any Licensed Equipment Patent either
               directly or through a licensee and (ii) Alcanint or its licensee
               offers such equipment to Novelis for sale on terms and conditions
               (including royalties) at least as favourable to Novelis as the
               best of those offered to any third party during the previous 24
               months or, if no such equipment has not been offered within the
               previous 24 months at market rates (such conditions (i) and (ii)
               being referred to herein as a "COMMERCIAL LICENSE"), then Novelis
               shall operate under the terms of such Commercial License rather
               than the licenses granted in clause (ii) herein which shall be
               deemed suspended until the occurrence of condition (i) or (ii)
               above. At any time thereafter, Novelis shall be entitled to
               operate under the license granted under clause (ii) or Section
               4.2.1 as the case may be, with no further action required by
               either Alcanint or Novelis provided that Novelis shall provide
               reasonably prompt notice to Alcanint that Novelis is operating
               under the license set forth in paragraph 4.2 (ii). The licenses
               provided for in clause

                                       11
<PAGE>
               (ii) of Section 4.2.1 shall not apply to any equipment purchased
               by Novelis prior to the date of such notice for implementing
               Licensed Equipment Patents to the extent that equipment has been
               acquired with a valid Commercial License. Such previously
               purchased equipment shall continue to be operated under the terms
               and conditions specified at the time such equipment was acquired
               by Novelis.

          Except as otherwise specifically provided in this Agreement, Novelis
          is not granted and does not have the right to assign, sub-license or
          otherwise dispose of the Licensed Patents or Licensed Technology or
          any part thereof.

     4.3  Except as otherwise specifically provided in this Agreement, Alcanint
          shall retain all right, title and interest in and to the Licensed
          Technology and Licensed Patents including the right (but not the
          obligation) to file for, prosecute and maintain any applications,
          registrations or recordation thereof and to bring any action to
          enforce or otherwise seek to abate any infringement thereof.

     4.4  Novelis shall have the right (to be exercised reasonably) from time to
          time to request additional information concerning the Transferred
          Technology, Licensed Technology, Unrestricted Licensed Technology and
          Licensed Patents. Alcanint shall, subject to the availability of
          appropriate personnel, supply the information so requested with the
          related cost and expense of doing so, if any, being for Novelis'
          account.

5.0  EXCLUDED TECHNOLOGY

     5.1  For the avoidance of doubt, all Technology that is not clearly
          identified as one of Licensed Patents, Licensed Equipment Patents,
          Licensed Technology, Unrestricted Licensed Technology or Transferred
          Technology shall not be transferred pursuant to Article 3.0 nor shall
          it be licensed pursuant to Article 4.0, all rights in such Technology
          shall be retained by Alcanint and such Technology shall be deemed
          "EXCLUDED TECHNOLOGY" and any license or right granted hereunder shall
          be specifically limited such that no right, license or permission to
          use Excluded Technology is granted. Without limitation and
          notwithstanding anything else contained herein, "Excluded Technology"
          specifically includes:

               -    all Technology owned or licensable or controlled by Pechiney
                    except for the following Technology to the extent such
                    Technology is otherwise agreed to be transferred or licensed
                    hereunder: (i) the PAE Twin Roll Casting Technology; (ii)
                    the PAE Metal Treatment Technology; and (iii) other
                    Technology to the extent that it is being used or has been
                    used under the existing or past practice at the former
                    Pechiney Annecy, Rugles, Dudelange and Flemalle sites for
                    the sole purpose of painting Sheet or the production of
                    circles from Sheet or the production of Foil;

                                       12
<PAGE>
               -    all Technology specific to the production of bright Sheet,
                    reflector Sheet and capacitor Foil to the extent that the
                    rights thereto originated with the 2000 acquisition by Alcan
                    of Alusuisse Group AG together with any subsequent
                    improvements thereto made at the Singen facility;

               -    all Technology related to the production and application of
                    metal - non-metal bonded composites (e.g. Alucobond),
                    structural composites, foamed plastics, balsa wood products,
                    honeycomb-cored composites, non-aluminum core materials and
                    roll bond Sheet and components made from roll bond except
                    for any such Technology related to the production and
                    application of laminates typically used for roofs, walls,
                    ceilings, automotive applications and caravans (e.g., FF2,
                    FF2 Plus, FALZONALI and AluSilent) or anti-graffiti
                    composite products (e.g., Aluclean) that are in use or held
                    for use as of the Effective Date in connection with the
                    research, development, production, marketing or sale such
                    products at the facilities of Novelis and the Novelis
                    Subsidiaries;

               -    all Technology specific to the production and application
                    of, diecastings, forgings, except forging stock, non-Rolled
                    Products mass transport systems, non-Rolled Products
                    automotive components and assemblies (e.g. auto bumper
                    beams, crash management systems, side impact beams, cockpit
                    carriers, and certain BIW sub-assemblies, chassis parts and
                    engine cradles) except to the extent that any such
                    Technologies are in use or held for use as of the Effective
                    Date in connection with the research, development,
                    production, marketing or sale of Rolled Products at the
                    facilities of Novelis and the Novelis Subsidiaries;

               -    all Technology related to the mining of bauxite, the
                    refining and production of alumina and alumina based
                    chemicals other than the Ouro Preto/Aratu/Petrocoque
                    Technology to the extent licensed under Section 4.1;

               -    all Technology related to the smelting, the operation of
                    smelters, reduction and other processes and techniques
                    relating to the production of molten aluminum metal from
                    alumina or other ores, the generation and transmission of
                    electricity and related technologies other than the Ouro
                    Preto/Aratu/Petrocoque Technology to the extent licensed
                    under Section 4.1;

               -    all Technology other than Technology related only to Foil
                    that is specific to the manufacturing of any packaging
                    related products made from or incorporating rigid plastics,
                    flexible plastics, carton,

                                       13
<PAGE>
                    steel, glass or paper but subject to the rights under
                    Section 4.2.2(i) and except for any such Technology that was
                    in use or in development for use in May 2004 in connection
                    with, manufacturing activities conducted at the Ohle,
                    Ludensheid, Berlin, Bridgnorth and Etobicoke facilities;

               -    all Technologies specific to the production of magnesium
                    chloride and magnesium metal.

     5.2  For the avoidance of doubt, the rights and licenses granted in
          Technology pursuant to Article 3.0 and licensed pursuant to Article
          4.0, do not grant such rights and licenses to use any of Licensed
          Patents, Licensed Technology, Unrestricted Licensed Technology or
          Transferred Technology in the following fields:

               -    Plate, except to the extent that they relate to rolled Plate
                    of a thickness of less than 12mm and except as otherwise
                    specifically permitted in Appendix PE;

               -    products destined or intended for use in the Aerospace
                    Industry;

               -    aluminum lithium alloys and Series 2000 and Series 7000
                    alloys;

               -    production and application of aluminum extruded products and
                    multi-material co-extrusions for all markets, including the
                    casting of extrusion billet except to the extent that they
                    relate to casting extrusion billet using FlexStream
                    Technology and except that Novelis may continue to use such
                    co-extrusion Technology that is being used in, has been used
                    in or is being developed for use in the manufacturing
                    activities conducted by Novelis at the Ludensheid facility
                    to produce products for its existing markets (e.g. cable
                    wrap and pipes);

               -    production and application of continuous cast bar, rolled
                    rod and products made therefrom including rod, strip, wire
                    and cables; and

               -    smooth wall containers adapted for the application of heat
                    sealed lids and such lids, destined or intended for use in
                    the packaging of pet food and coating and/or laminating
                    strip used in their manufacture.

6.0  TERMINATION OF PARTICIPATION IN JTA

     6.1  As of the Effective Date and provided that the Arrangement becomes
          effective, Novelis and all Novelis Subsidiaries will cease to be
          Participants in the JTAs as

                                       14
<PAGE>
          that term is defined in the JTAs. In consideration of the rights and
          licenses granted herein and other good and valuable rights received
          pursuant to the Separation and related Agreements, Novelis hereby
          grants and will cause each such Participant to grant to Alcanint all
          rights of such Participants in technology developed under the JTAs,
          other than the rights described herein.

     6.2  Alcanint on behalf of the Participants in the JTAs hereby releases
          Novelis and the Novelis Subsidiaries from all obligations under the
          JTAs as of the Effective Date, provided that Novelis and the Novelis
          Subsidiaries shall remain responsible for performance of all of their
          respective obligations under the JTA, up to and including the
          Effective Date; and provided further that any default in the
          performance of these obligations shall be deemed a default hereunder.

7.0  PROTECTION OF INFORMATION

     7.1  Alcanint and Novelis hereby agree that the Licensed Technology made
          available to or produced or developed for the other party at any time
          and Excluded Technology that may be in the possession of Novelis (the
          "INFORMATION") is confidential information of Alcanint and shall not
          be disclosed to any third party except as may be expressly provided
          for herein and that Novelis shall have only such rights in the
          Information as are expressly provided herein.

     7.2  The obligations of confidentiality and non-disclosure shall not apply
          to Information to the extent that said Information:

          7.2.1 is in the public domain through no fault of Novelis, or lawfully
               is or becomes public knowledge through no breach of this
               Agreement;

          7.2.2 was received from any third party on a non-confidential basis
               and did not originate from Alcanint or any Alcan Group Company;
               or

          7.2.3 was disclosed by Novelis pursuant to legal process, governmental
               request or regulatory requirement; provided, however, that
               Novelis shall use all reasonable efforts to provide notice to
               Alcanint in order to afford Alcanint a reasonable opportunity to
               seek a protective order or an injunction.

     7.3  Specific information shall not be deemed to be within the exceptions
          of Section 7.2 above merely because such specific information may be
          construed as being within broader, non-confidential information which
          is either in the public domain or the possession of the receiving
          party on the Effective Date, nor shall a combination of features which
          form confidential information be deemed to be non-confidential
          information merely because the individual features, without being
          combined, are non-confidential.

                                       15
<PAGE>
     7.4  Novelis shall not use the Information received hereunder for any
          purpose other than that specified in this Agreement without first
          obtaining written consent from Alcanint.

     7.5  Novelis may disclose the Information relating to Licensed Technology
          received hereunder to its officers, employees, contractors, suppliers,
          customers for Sheet and Foil, representatives and others to the extent
          necessary for the normal operation of its business. Novelis shall take
          reasonable precautions, consistent with past practices to preserve the
          value of the Information. Novelis shall advise the appropriate
          officers, employees, contractors, suppliers, customers,
          representatives and others to whom such information is supplied of the
          confidentiality obligation hereunder, and shall ensure that, where
          appropriate, they have agreed to comply with the provisions of this
          Article 7.0.

     7.6  The obligations of confidentiality and non-disclosure with respect to
          specific Information received under this Agreement or otherwise shall
          expire ten years after the Effective Date of this Agreement.

     7.7  The parties recognize that a breach of this Article 7.0 may give rise
          to irreparable injury to Alcanint that cannot be adequately
          compensated by monetary damages. Accordingly, in the event of a breach
          or threatened breach, Alcanint may be entitled to preliminary and
          permanent injunctive relief to prevent or enjoin a violation of this
          Article 7.0 and the unauthorized use or disclosure of any confidential
          Information in addition to such other remedies as may be available for
          such breach or threatened breach, including the recovery of damages.

     7.8  No provision of this Agreement shall be construed to require Alcanint
          to furnish any information (i) acquired from others on terms
          prohibiting or restricting disclosure by Alcanint, or (ii) the
          furnishing of which is in contravention of any law, regulation, or
          executive order of any government. Each party shall use its
          commercially reasonable efforts to avoid conditions that prevent the
          exchange of information under this Agreement.

     7.9  Nothing in this Agreement shall preclude Novelis from using any
          information that is in the public domain at the time of its use of
          such information unless such information is in the public domain as a
          result of Novelis' breach of the confidentiality obligations under
          this Article 7.0.

                                       16
<PAGE>
8.0  TERM AND TERMINATION

     8.1  This Agreement shall be effective until and shall terminate on the ***
          anniversary of the Effective Date except for the restrictions in
          respect of Transferred Technology as reflected in Section 5.2 which
          shall be effective until and shall terminate on the *** anniversary of
          the Effective Date. Upon termination pursuant to this Section 8.1,
          each of the licenses granted hereunder shall be deemed a fully-paid,
          unrestricted, unconditional, perpetual license, with the right to
          grant unrestricted sublicenses subject only to any patents held by
          Alcanint or an Alcan Group Company and to any obligations to pay any
          royalties due to any third party from which the Technology was
          originally acquired or licensed. For clarity, the parties intend that
          upon termination of this agreement pursuant to this Section 8.1,
          Novelis shall have all of the rights of a nonexclusive owner of the
          Licensed Technology, Unrestricted Technology and Transferred
          Technology and have an unrestricted, unconditional right to use and
          license such Technology without notice or accounting to Alcanint or
          any Alcan Group Company.

     8.2  Should there be a material default by Novelis in the performance of
          any of its obligations under this Agreement or under the Separation
          Agreement and such default is not cured within 30 days following
          written notification of such default from Alcanint, this Agreement
          shall terminate on the date specified on such notice which shall not
          be less than 30 days following the date of such notice, unless Novelis
          cures such default before such specified termination date. This shall
          be referred to as early termination.

     8.3  This Agreement shall terminate immediately upon the occurrence of any
          of the following:

               (a)  the bankruptcy or insolvency of Novelis;

               (b)  the appointment of a receiver for Novelis' assets;

               (c)  the making by Novelis of a general assignment for the
                    benefit of creditors; or

               (d)  the institution by Novelis of proceedings for a
                    reorganization of

----------
***  Certain information on this page has been omitted and filed separately with
     the Securities and Exchange Commission. Confidential treatment has been
     requested with respect to the omitted portions.

                                       17
<PAGE>
                    Novelis under the Bankruptcy Act or similar legislation for
                    the relief of debtors or the institution of involuntary
                    proceedings by a party other than Novelis which are not
                    terminated in 30 days.

     8.4  All of the licenses of Licensed Technology shall terminate and this
          Agreement shall terminate (1) upon the occurrence of a Non Compete
          Breach (as defined in the Separation Agreement) and the giving of
          notice of such termination by Alcan to Novelis pursuant to Section
          14.03(b) of the Separation Agreement, or (2) upon the occurrence of a
          Change of Control Non Compete Breach (as defined in the Separation
          Agreement) and the giving of notice of such termination by Alcan to
          Novelis pursuant to Section 15.04 of the Separation Agreement. In the
          case of a termination of licenses of Licensed Technology granted to
          Novelis under this Agreement and termination of this Agreement
          pursuant to clause (1) or clause (2) hereof, such termination shall be
          effective immediately upon Alcan providing Novelis notice pursuant to
          Section 14.03(b) or Section 14.04(e) of the Separation Agreement, as
          the case may be and Novelis shall cease all use of the Licensed
          Technology that is the subject of licenses terminated pursuant to this
          section (including any license granted by virtue of Section 3.3). This
          section shall not preclude Novelis from using any information that is
          in the public domain at the time of its use of such information unless
          such information is in the public domain as a result of Novelis'
          breach of the confidentiality obligations under Article 7.0.

     8.5  This Agreement shall be terminated upon written notice from Alcanint
          in the event that (i) the Secondary Intellectual Property Agreement is
          at any time no longer in full force and effect (other than by virtue
          of a termination caused by the actions or inaction of Alcanint) or
          (ii) Novelis or any Novelis Subsidiary or any of their respective
          Affiliates asserts that the Secondary Intellectual Property Agreement
          is invalid, unenforceable or no longer in full force and effect and
          does not withdraw such assertion within five business days following a
          request to do so from Alcanint.

     8.6  Early termination pursuant to this Article 8.0 shall not prejudice
          Alcanint 's rights to recover any amounts due at the time of such
          termination nor shall it prejudice any other remedy or cause of action
          or claim of Alcanint accrued or to accrue against Novelis on account
          of any such default by Novelis.

     8.7  This Agreement may be terminated at the option of Novelis, upon
          receipt of written notice to Alcanint, at any time provided all
          payments owed hereunder have been remitted to Alcanint.

     8.8  Upon early termination of this Agreement pursuant to this Article 8.0,
          all licenses of any Licensed Technology shall terminate and Novelis
          shall cease all use of the Licensed Technology. This section shall not
          preclude Novelis from using any information that is in the public
          domain at the time of its use of such

                                       18
<PAGE>
          information unless such information is in the public domain as a
          result of Novelis' breach of the confidentiality obligations under
          Article 7.0.

     8.9  Notwithstanding the foregoing, Novelis may, after the date this
          Agreement is terminated pursuant to this Article 8.0 sell any product
          made before such termination, as if such product were sold prior to
          termination.

9.0  SURVIVAL OF OBLIGATIONS

     Except as otherwise provided in this agreement and unless otherwise agreed
     in writing by the parties, the rights and obligations of the parties under
     Articles 7.0, 10.0, 11.0, 12.0, 15.0, 16.0, 17.0, 18.0, 19.0, 21.0 and 22.0
     shall survive the termination of this Agreement.

10.0 REPRESENTATIONS; COVENANT

     Each party hereto represents that it has full power and authority to enter
     into this Agreement and to perform all obligations hereunder. Novelis
     further represents that it has fully power and authority to act as agent
     for each member of Novelis Group for all purposes under this Agreement.
     Novelis covenants that it will cause each member of Novelis Group to act
     strictly in accordance with the provisions of this Agreement.

11.0 DISCLAIMER

     11.1 Novelis acknowledges and agrees that the foregoing assignments and
          licenses are made on an "as is" quitclaim basis and that neither
          Alcanint nor any Alcan Group Company is providing or is responsible to
          provide any representation or warranty of any nature or kind (whether
          express, implied, statutory, contractual or other in nature and
          whether relating to title enforceability, merchantability, fitness for
          purpose, non-infringement, absence of rights of third parties or
          other) in respect of the Transferred Technology or, Licensed
          Technology or any use to be made thereof or any product to be produced
          therewith. Neither Alcanint nor any Alcan Group Company shall be
          liable to Novelis, or any other person, for any damage, injury or
          loss, including loss of use arising from any activities or obligations
          under this Agreement; or for any direct or indirect, incidental,
          consequential special or punitive damages.

     11.2 Nothing in this Agreement shall be construed as a warranty or
          representation that any product made, used, sold or otherwise disposed
          with the benefit of any rights or license granted pursuant to this
          Agreement is or will be free from infringement of patents of third
          parties.

     11.3 Neither Alcan nor any other Alcan Group Company nor any of their
          current Affiliates shall have any infringement action or claim against
          Novelis or any or its current Affiliates in respect of Designated
          Patents, Licensed Patents or

                                       19
<PAGE>
          Technology to the extent of any use of same prior to the Effective
          Date. None of Novelis, any Novelis Subsidiary nor any of their
          Affiliates shall have any infringement action against any Alcan Group
          Company in respect of any past, use of Technology. Each party, on
          behalf of itself and its Subsidiaries and Affiliates, hereby releases
          the other party and it Affiliates and Subsidiaries, from, and agrees
          not to sue concerning, any and all claims for infringement in respect
          of any use of Technology prior to the Effective Date, whether based on
          contract, tort, statutory or other legal or equitable theory of
          recovery, which such party (or its Subsidiaries or Affiliates) has
          asserted or could have asserted against the other party (or its
          Subsidiaries or Affiliates). Promptly following the Effective Date,
          the relevant Alcan Group Company (or Affiliate) and Novelis (or
          Affiliate) shall promptly execute and deliver stipulations of
          dismissal with prejudice of any claims filed in respect of any such
          alleged infringement, in forms suitable for immediate filing in the
          relevant court.

     11.4 Without limiting Section 11.1 hereof, in no event shall either party
          or any of their respective Affiliates be liable to the other party or
          its Affiliates for any special, consequential, indirect, incidental or
          punitive damages or lost profits, however caused and on any theory of
          liability (including negligence) arising in any way out of this
          Agreement, whether or not such party has been advised of the
          possibility of such damages.

12.0 TRADEMARK, TRADE NAME AND LOGO

     No right is conveyed under this Agreement for the use, either directly,
     indirectly, by implication or otherwise, of any trademark, trade name or
     logo owned by Alcanint or any Alcan Group Company. The parties will enter
     into a separate trademark license agreement if appropriate.

13.0 NON-WAIVER

     The failure of any party to insist in any one or more instances upon the
     strict performance of any one or more of the obligations of this Agreement
     or to exercise any election herein contained, shall not be construed as a
     waiver for the future of the performance of such one or more obligations of
     this Agreement or of the right to exercise such election. No waiver of any
     breach or default of this Agreement shall be held to be a waiver for any
     subsequent breach.

14.0 NO PARTNERSHIP, JOINT VENTURE

     The parties to this Agreement agree and acknowledge that the Agreement does
     not create a partnership, joint venture or any other relationship between
     Alcanint and Novelis save the relationship specifically set out herein
     before and solely for the limited purposes herein.

                                       20
<PAGE>
15.0 FURTHER ASSURANCES, CONSENTS, ETC.

     The parties to this Agreement shall co-operate together using their
     respective commercially reasonable best efforts to take such further steps,
     including the execution and delivery of documentation and applications
     which are required for legal or regulatory purposes or to obtain the
     consents or approvals of third parties or necessary or advisable
     registrations. All fees and expenses related to registrations which are
     advisable or necessary shall be at the expense of the future owner of such
     registrations and all registrations will be the responsibility of such
     owner. Nothing contained in this Agreement shall be interpreted to oblige
     any party to do anything more than apply its commercially reasonable best
     efforts (without material expense to it) to obtain any consent, approval or
     registration which may be required to give full effect to the terms and
     conditions hereof. Similarly, no party shall be obliged to convey any
     rights or do any other thing which would cause it to be in breach of any
     legal or contractual obligation.

16.0 NOTICES

     Any notice, consent or other instrument required or permitted to be given
     by one party to the other party hereunder shall be in writing and shall be
     delivered or sent by first class mail or telefax and shall be deemed
     received five days following prepaid mailing or the next business day when
     telefaxed to the other party with receipt confirmation at the addresses set
     forth below;

<TABLE>
<S>                 <C>
     To Alcanint:   Alcan International Limited
                    1188 Sherbrooke Street West
                    Montreal, Quebec, Canada H3A 3G2

                    Fax: (514) 848-8555
                    Attention: Company Secretary

                    In all cases with copy (which
                    shall not constitute notice) to:
                    Alcan Inc.
                    1188 Sherbrooke Street West
                    Montreal, Quebec, Canada H3A 3G2

                    Fax: (514) 848-8555
                    Attention: Company Secretary
</TABLE>

                                       21
<PAGE>
<TABLE>
<S>                 <C>
      To Novelis:   Novelis Inc.
                    Suite 3800
                    Royal Bank Plaza, South Tower
                    P. O. Box 84
                    200 Bay Street
                    Toronto, Ontario, Canada  M5J 2Z4
                    Fax: (416) 216-3930
                    Attention: President
</TABLE>

     Either party may change the notice address by giving written notice to the
     other party. If sent by telefax, a confirming copy of such shall be sent by
     regular mail to the addressee.

17.0 ASSIGNMENT

     17.1 This Agreement shall not be assignable, in whole or in part, directly
          or indirectly, by any party hereto without the prior written consent
          of the others, and any attempt to assign any rights or obligations
          under this Agreement without such consent shall be null and void and
          deemed to be in breach hereof.

     17.2 Notwithstanding the preceding Section 17.1, this Agreement may be
          assigned (i) by Alcanint to any Alcan Group Company, by Novelis to any
          Novelis Subsidiary and (ii) by either party in whole in connection
          with a merger or consolidation or the sale of all or substantially all
          of the assets of such Party, or (iii) by Novelis in part in connection
          with a sale or other divestiture of a Novelis Subsidiary, plant, or
          business unit whose field of activity is principally related to the
          portion of Novelis' business that makes actual use of the Technology
          licensed under this Agreement; provided, however, that such assignee
          must expressly agree in writing to be bound by the terms and
          conditions of this Agreement.

     17.3 Nothing in this Article 17.0 shall operate to entitle any transfer,
          assignment or license to any entity which has any activities directly
          or through Affiliates of a type which would be contrary to Section
          8.4. Any such transfer assignment, or license (actual or attempted)
          shall in all aspects be void ab initio and any attempted assignment in
          violation thereof shall be deemed to constitute a material default
          within the meaning of Section 8.2 hereunder.

18.0 INDEMNIFICATION

     18.1 Novelis shall indemnify, defend and hold harmless Alcanint and all
          Alcan Group Companies and their respective directors and officers (the
          "ALCANINT INDEMNITEES") from and against any and all losses incurred
          or suffered by any of the Alcanint Indemnitees arising out of the use
          of any Transferred Technology or Licensed Technology by Novelis or any
          of its Affiliates or customers.

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<PAGE>
     18.2 If any Alcanint Indemnitee determines that it is or may be entitled to
          indemnification by any party (the "INDEMNIFYING PARTY"), under this
          Article 18.0, (other than in connection with an action subject to
          Section 18.3), the Indemnified Party shall deliver to the Indemnifying
          Party a written notice describing to the extent reasonably
          practicable, the basis for its claim for indemnification and the
          amount for which the Indemnified Party reasonably believes it is
          entitled to be indemnified. If the Indemnifying Party has not
          responded within 30 days after receipt of such notice, the Indemnified
          Party shall deliver a second notice to the Indemnifying Party within
          ten days of the expiration of the original 30 day period. Within 30
          days after receipt of any second notice, the Indemnifying Party shall
          pay the Indemnified Party such amount in cash or other immediately
          available funds unless the Indemnifying Party objects to the claim for
          indemnification or the amount thereof.

     18.3 Promptly following the earlier of (i) receipt of notice of the
          commencement of an action by a third party against or otherwise
          involving any indemnified party, or (ii) receipt of information from a
          third party alleging the existence of a claim against an Indemnified
          Party, in either case, with respect to which indemnification may be
          sought pursuant to this Agreement, (a "THIRD PARTY Claim"), the
          Indemnified Party shall give the Indemnifying Party written notice
          thereof. The failure of the Indemnified Party to give notice as
          provided in this Article 18.0 shall not relieve the Indemnifying Party
          of its obligations under this Agreement, except to the extent that the
          Indemnifying Party is prejudiced by such failure to give notice.
          Within 30 days after receipt of such notice, the Indemnifying Party
          may (i) by giving written notice thereof to the Indemnified Party,
          acknowledge liability for such indemnification claim and at is option
          elect to assume the defence of such Third Party Claim at its sole cost
          and expense or (ii) object to the claim for indemnification set forth
          in the notice delivered by the Indemnified Party pursuant to the first
          sentence of this Section 18.3; provided that if the Indemnifying Party
          does not within such 30 day period give the Indemnified Party written
          notice objecting to such indemnification claim and setting forth the
          grounds therefor, the Indemnified Party shall give the Indemnifying
          Party an additional notice of its claim for indemnification and if the
          Indemnifying Party does not give the Indemnified Party written notice
          objecting to such claim within ten days after receipt of such notice
          the Indemnifying Party shall be deemed to have acknowledged its
          liability for such indemnification claim. If the Indemnifying Party
          has elected to assume the defence of a Third Party Claim, (x) the
          defence shall be conducted by counsel retained by the Indemnifying
          Party and reasonably satisfactory to the Indemnified Party, provided
          that the Indemnified Party shall have the right to participate in such
          proceedings and to be represented by counsel of its own choosing at
          the Indemnified Party's sole cost and expense; and (y) the
          Indemnifying Party may settle or compromise the third Party claim
          without the prior written consent of the Indemnified Party so long as
          such settlement includes and unconditional release of the Indemnified
          Party from all claims that are the subject of such

                                       23
<PAGE>
          Third Party Claim provided the Indemnifying Party may not agree to any
          such settlement pursuant to which any remedy or relief, other than
          money damages for which the Indemnifying Party shall be responsible
          hereunder, shall be applied to or against the Indemnified Party,
          without the prior written consent of the Indemnified Party, which
          consent shall not be unreasonably withheld. If the Indemnifying Party
          does not assume the defence of a Third Party Claim for which it has
          acknowledged liability for indemnification hereunder, the Indemnified
          Party may require the Indemnifying Party to reimburse it on a current
          basis for its reasonable expenses of defending against such Third
          Party Claim and the Indemnifying party shall be bound by the result
          obtained with respect thereto by the Indemnified Party; provided that
          the Indemnifying Party shall not be liable for any settlement effected
          without its consent, which consent shall not be unreasonably withheld.
          The Indemnifying Party shall pay to the Indemnified Party in cash the
          amount, if any, for which the Indemnified Party is entitled to be
          indemnified hereunder within 15 days after such Third Party Claim has
          been finally determined, or in the case of an indemnity claim as to
          which the Indemnifying Party has not acknowledged liability, within 15
          days after such Indemnifying Party's objection to liability hereunder
          has been finally determined.

     18.4 If for any reason the indemnification provided for in Section 18.1 is
          unavailable to an Indemnified Party, or insufficient to hold it
          harmless, then the Indemnifying Party shall contribute to the amount
          paid or payable to such Indemnified Party as a result of such losses
          in such proportion as is appropriate to reflect all relevant equitable
          considerations.

     18.5 The remedies provided for in this Article 18.0 are not exclusive and
          shall not limit any rights or remedies which may otherwise be
          available to any Indemnified Party at law or in equity.

19.0 ENTIRE AGREEMENT, AMENDMENTS

     19.1 This Agreement constitutes the entire agreement and understanding
          between the parties with respect to the subject matter hereof and
          supersedes all prior agreements, understandings, negotiations and
          discussions whether oral or written of the parties, and there are no
          representations, warranties or conditions expressed or implied or
          otherwise between the parties in connection with the subject matter
          hereof, except as specifically set forth herein. No amendment to the
          terms and conditions hereof or waiver in respect thereto shall be
          binding unless it is in writing and signed by duly authorized
          representatives of both parties.

     19.2 Notwithstanding the foregoing, the rights and interests transferred,
          assigned or granted to Novelis or Novelis Subsidiaries or otherwise to
          be made available to them pursuant to the terms of this Agreement,
          shall in all respects be subject to

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<PAGE>
          the provisions of the Separation Agreement and nothing in this
          Agreement shall entitle Novelis or Novelis Subsidiaries to have any
          rights or pursue any activity which would otherwise be restricted by
          the Separation Agreement. The Separation Agreement shall not in
          defining the assets, businesses, rights and obligations to form part
          of Novelis, be interpreted so as to grant, convey or confirm, directly
          or indirectly, any rights on the part of Novelis in respect of
          Technology which would be greater than those established herein.

20.0 DISPUTE RESOLUTION

     The Master Agreement with Respect to Dispute Resolution, effective on the
     Effective Date, among Alcanint, Novelis and other parties thereto shall
     govern all disputes, controversies or claims (whether arising in contract,
     delict, tort or otherwise) between the Parties that may arise out of, or
     relate to, or arise under or in connection with, this Agreement or the
     transactions contemplated hereby (including all actions taken in
     furtherance of this Agreement) or the commercial or economic relationship
     of the Parties relating hereto or thereto.

21.0 MISCELLANEOUS

     21.1 The division of this Agreement into sections, subsections and other
          subdivisions and the insertion of headings are for convenience of
          reference only and shall not affect or be utilized in the construction
          or interpretation of this Agreement.

     21.2 The parties hereto have requested that this Agreement and all other
          documents, notices or written communications relating thereto, be in
          the English language.

     21.3 The parties may amend this Agreement only by a written agreement
          signed by each party to be bound by the amendment and that identifies
          itself as an amendment to this Agreement.

     21.4 Except as expressly stated to the contrary herein, the provisions of
          this Agreement are solely for the benefit of the parties and are not
          intended to confer upon any person except the parties any rights or
          remedies hereunder, and there are no third party beneficiaries of this
          Agreement, and this Agreement shall not provide any third person with
          any remedy, claim, liability, reimbursement, claim of action or other
          right in addition to those existing without reference to this
          Agreement.

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<PAGE>
22.0 GOVERNING LAW

     Recognizing the numerous jurisdictions associated with this Agreement and
     the activities contemplated by it, the parties agree that this Agreement
     shall be governed, construed and interpreted according to the laws of the
     Province of Quebec, Canada without the application of the provisions
     relating to the conflict of laws. Any provision in this Agreement
     prohibited by law or by court decree shall be ineffective to the extent of
     such prohibition without in any way invalidating or affecting the remaining
     provisions of this Agreement, and this Agreement shall be construed as if
     such prohibited provision had never been contained herein. Alcanint and
     Novelis hereby agree, however, to negotiate an equitable amendment of this
     Agreement if a material provision is adversely affected.

IN WITNESS WHEREOF duly authorised representatives of the parties hereto have
signed duplicate copies of this Agreement.

ALCAN INTERNATIONAL LIMITED             NOVELIS INC.

Per: /s/ David McAusland                Per: /s/ Brian W. Sturgell
     --------------------------------        -----------------------------------

                                  INTERVENTION

Alcan Inc. has intervened in this Agreement to acknowledge its terms and agree
to be bound by and benefit from same.

ALCAN INC.

Per: /s/ David McAusland
     --------------------------------

                                       26

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