Document:

EX-10.2

 Exhibit 10.2 

EXECUTION VERSION 
  

 
  

TRANSITION SERVICES AGREEMENT 

by and between 
 UPJOHN
INC. 
 and 

PFIZER INC. 
 Dated as
of November 16, 2020 
  
  

 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	Article I	  

	
	DEFINITIONS	  

			
	Section 1.1	 	Certain Definitions	  	 	1	 
	
	Article II	  

	
	SERVICES; STANDARD OF PERFORMANCE	  

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

	
	COMPENSATION	  

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

	
	INTELLECTUAL PROPERTY	  

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

  
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	Article V	  

	
	INDEMNIFICATION AND LIMITATION OF LIABILITY	  

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

	
	CONFIDENTIALITY	  

			
	Section 6.1	 	Confidentiality	  	 	21	 
	
	Article VII	  

	
	TERM; TERMINATION	  

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

	
	DISPUTE RESOLUTION	  

			
	Section 8.1	 	Dispute Resolution	  	 	22	 
	
	Article IX	  

	
	MISCELLANEOUS	  

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

  
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 EXHIBITS 

Exhibit A — Services 
 Exhibit B — Excluded Services

 Exhibit C — Terms of Access for Information Systems and Software 

Exhibit D — Form of Local Country Agreement 

  
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 TRANSITION SERVICES AGREEMENT 

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

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

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

ARTICLE I 

DEFINITIONS 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

ARTICLE II 

SERVICES; STANDARD OF PERFORMANCE 

Section 2.1 Services. 

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

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

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

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

Section 2.3 Service Changes. 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

ARTICLE III 

COMPENSATION 

Section 3.1 Compensation. 

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

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

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

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

Section 3.2 Taxes. 

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

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

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

  
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 ARTICLE IV 

INTELLECTUAL PROPERTY 

Section 4.1 Ownership of Intellectual Property. 

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

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

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

Section 4.2 License Grants. 

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

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

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

  
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 ARTICLE V 

INDEMNIFICATION AND LIMITATION OF LIABILITY 

Section 5.1 Indemnification. 

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

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

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

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

  
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 Section 5.4 Mitigation; Limitation on Liability. 

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

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

  
 -20- 

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

CONFIDENTIALITY 

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

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

  
 -21- 

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

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

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

ARTICLE VIII 

DISPUTE RESOLUTION 

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

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

  
 -22- 

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

MISCELLANEOUS 

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

Viatris Inc. 
 1000 Mylan
Boulevard 
 Canonsburg, PA 15317 

Attention: Michael Goettler 

Email: Michael.goettler@viatris.com 

with copies (which shall not constitute notice) to: 

Viatris Inc. 
 1000 Mylan
Boulevard 
 Canonsburg, PA 15317 

Attention: Brian S. Roman, Global General Counsel 

Facsimile: (724) 514-1871 

Email: Brian.Roman@viatris.com 

Cravath, Swaine & Moore LLP 

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

                       
Thomas E. Dunn 

                       Aaron
M. Gruber 
 Email:            mgreene@cravath.com 

                       
tdunn@cravath.com 

  
 -23- 

                       
agruber@cravath.com 
 If to Pluto, to: 

Pfizer Inc. 
 235 East 42nd Street

 New York, New York 10017 

Attention:     Douglas M. Lankler 

                     Bryan A. Supran

 Facsimile:    (212) 573-0768 

Email:          douglas.lankler@pfizer.com 

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

Wachtell, Lipton, Rosen & Katz 

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

                     David K. Lam 

                     Gordon S. Moodie

                      Zachary S.
Podolsky 
 Email:          EDHerlihy@WLRK.com 

                     DKLam@WLRK.com

                     GSMoodie@WLRK.com

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

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

  
 -24- 

 Section 9.3 Governing Law Jurisdiction; WAIVER OF JURY TRIAL. 

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

  
 -25- 

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

  
 -26- 

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

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

Section 9.10 Waivers of Default. Waiver by any Party of any default by the other Party of any provision of this Agreement shall
not be deemed a waiver by the waiving Party of any subsequent or other default, nor shall it prejudice the rights of the other Party. No failure or delay by a Party in exercising any right, power or privilege under this Agreement shall
operate as a waiver thereof, nor shall a single or partial exercise thereof prejudice any other or further exercise thereof or the exercise of any other right, power or privilege. 

Section 9.11 Interpretation. 

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

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

  
 -27- 

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

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

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

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

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

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

  
 -29- 

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

			
	UPJOHN INC.
		
	By:	 	 /s/ Sanjeev Narula

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

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

          Development

 [Signature Page to Transition Services Agreement (Spinco to Pluto)]EX-10.3

 Exhibit 10.3 

EXECUTION VERSION 
 TAX
MATTERS AGREEMENT 
 by and between 

Pfizer Inc. 
 as Pluto 

and 
 Upjohn Inc.

 as Spinco 
 Dated as
of November 16, 2020 
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	PAGE	 
	 SECTION 1.
	 	Definitions of Terms.	  	 	1	 
			
	 Section 1.01.
	 	Definitions	  	 	1	 
			
	 SECTION 2.
	 	Indemnification	  	 	12	 
	 Section 2.01.
	 	Indemnification for Taxes and Tax-Related Losses	  	 	12	 
	 Section 2.02.
	 	Indemnification Payments	  	 	12	 
	 Section 2.03.
	 	Limitation on Liability for Non-Income Taxes	  	 	13	 
			
	 SECTION 3.
	 	Allocation of Tax Liabilities and other Tax Matters	  	 	14	 
			
	 Section 3.01.
	 	Allocation of Tax-Related Losses	  	 	14	 
	 Section 3.02.
	 	General Rule for Allocation of Taxes	  	 	14	 
	 Section 3.03.
	 	Other Spinco Liability	  	 	15	 
	 Section 3.04.
	 	Other Pluto Liability	  	 	15	 
	 Section 3.05.
	 	Allocation of Taxes According to Relative Fault	  	 	15	 
	 Section 3.06.
	 	Employment Taxes; Certain Deductions	  	 	16	 
	 Section 3.07.
	 	Determination of Tax Attributable to the Spinco Business	  	 	16	 
			
	 SECTION 4.
	 	Preparation and Filing of Tax Returns	  	 	17	 
			
	 Section 4.01.
	 	Pluto Responsibility	  	 	17	 
	 Section 4.02.
	 	Spinco Responsibility	  	 	18	 
	 Section 4.03.
	 	Tax Returns for Certain Transfer Taxes	  	 	18	 
	 Section 4.04.
	 	Tax Payments for Tax Returns	  	 	18	 
	 Section 4.05.
	 	Tax Reporting Practices	  	 	18	 
	 Section 4.06.
	 	Consolidated or Combined Tax Returns	  	 	19	 
	 Section 4.07.
	 	Right to Review Tax Returns	  	 	19	 
	 Section 4.08.
	 	Spinco Carrybacks and Claims for Refund	  	 	19	 
	 Section 4.09.
	 	Apportioned Tax Attributes	  	 	20	 
			
	 SECTION 5.
	 	Tax Refunds	  	 	20	 
			
	 Section 5.01.
	 	Tax Benefits	  	 	20	 
			
	 SECTION 6.
	 	Tax-Free Status	  	 	21	 
			
	 Section 6.01.
	 	Representations and Warranties	  	 	21	 
	 Section 6.02.
	 	Spinco Covenants	  	 	21	 
	 Section 6.03.
	 	Restricted Actions	  	 	22	 
	 Section 6.04.
	 	Procedures Regarding Legal Comfort	  	 	24	 
	 Section 6.05.
	 	Protective 336(e) Election	  	 	24	 
	 Section 6.06.
	 	Tax Grants	  	 	25	 

  
 -i- 

							
	 Section 6.07.
	 	Maintenance of Certain Ownership	  	 	25	 
	 Section 6.08.
	 	Maintenance of Certain Entities	  	 	25	 
	 SECTION 7.
	 	Assistance and Cooperation.	  	 	26	 
			
	 Section 7.01.
	 	Assistance and Cooperation	  	 	26	 
			
	 Section 7.02.
	 	Delayed Market Tax Costs	  	 	27	 
			
	 SECTION 8.
	 	Tax Records.	  	 	28	 
			
	 Section 8.01.
	 	Retention of Tax Records	  	 	28	 
	 Section 8.02.
	 	Access to Pre-Distribution Tax Records	  	 	28	 
	 Section 8.03.
	 	Preservation of Privilege	  	 	29	 
			
	 SECTION 9.
	 	Tax Contests	  	 	29	 
			
	 Section 9.01.
	 	Notice	  	 	29	 
	 Section 9.02.
	 	Control of Tax Contests	  	 	29	 
			
	 SECTION 10.
	 	Effective Date	  	 	30	 
			
	 SECTION 11.
	 	Survival of Obligations	  	 	30	 
			
	 SECTION 12.
	 	Disagreements	  	 	31	 
			
	 Section 12.01.
	 	General	  	 	31	 
	 Section 12.02.
	 	Escalation	  	 	31	 
	 Section 12.03.
	 	Referral to Tax Advisor for Technical Disputes.	  	 	31	 
	 Section 12.04.
	 	Certain Interactions	  	 	32	 
			
	 SECTION 13.
	 	Late Payments	  	 	32	 
			
	 SECTION 14.
	 	Expenses	  	 	33	 
			
	 SECTION 15.
	 	Miscellaneous	  	 	33	 
			
	 Section 15.01.
	 	Addresses and Notices	  	 	33	 
	 Section 15.02.
	 	Amendments and Waivers	  	 	34	 
	 Section 15.03.
	 	Assignment; Parties in Interest	  	 	34	 
	 Section 15.04.
	 	Severability	  	 	34	 
	 Section 15.05.
	 	Authority	  	 	34	 
	 Section 15.06.
	 	Further Action	  	 	35	 
	 Section 15.07.
	 	Entire Agreement	  	 	35	 
	 Section 15.08.
	 	TMA Controls	  	 	35	 
	 Section 15.09.
	 	Construction	  	 	35	 
	 Section 15.10.
	 	No Double Recovery	  	 	35	 
	 Section 15.11.
	 	Counterparts	  	 	36	 
	 Section 15.12.
	 	Governing Law; Jurisdiction	  	 	36	 

  
 -ii- 

							
	 Section 15.13.
	 	Spinco Subsidiaries	  	 	37	 
	 Section 15.14.
	 	Successors	  	 	37	 
	 Section 15.15.
	 	Specific Performance	  	 	37	 

  

			
	Schedule A	  	Internal Tax-Free Separation Transactions
	Schedule B	  	Specified Post-Distribution Matters
	Schedule C	  	Tax Grants
	Schedule D	  	Delayed Market Transactions
	Exhibit A	  	Separation Plan

  

  
 -iii- 

 TAX MATTERS AGREEMENT 

This TAX MATTERS AGREEMENT (this “Agreement”) is entered into as of November 16, 2020, by and among Pfizer Inc., a
Delaware corporation (“Pluto”), and Upjohn Inc., a Delaware corporation (“Spinco”) (collectively the “Companies” or the “Parties” and individually, a “Company” or a
“Party”). 
 RECITALS 

WHEREAS, pursuant to the Tax Laws of various jurisdictions, certain members of the Spinco Group currently file certain Tax Returns on an
affiliated, consolidated, combined, unitary, fiscal unity or other group basis (including as permitted by Section 1501 of the Code) with certain members of the Pluto Group; 

WHEREAS, Pluto and Spinco have entered into a Separation and Distribution Agreement, dated as of July 29, 2019 (as amended from time to
time, the “Separation and Distribution Agreement”), and Pluto, Spinco, Utah Acquisition Sub Inc., a Delaware corporation and an indirectly wholly owned Subsidiary of Spinco (“Spinco Sub”), Mylan N.V., a public
company with limited liability incorporated under the laws of the Netherlands (“Utah”), Mylan I B.V., a company incorporated under the laws of the Netherlands and a direct wholly owned subsidiary of Utah (“Utah
Newco”), and Mylan II B.V., a company incorporated under the laws of the Netherlands and a direct wholly owned subsidiary of Utah Newco (“Utah Newco Sub”), have entered into a Business Combination Agreement, dated as of
July 29, 2019 (as amended from time to time, the “Business Combination Agreement”), pursuant to which the Contribution, the Distribution, the Combination and other related transactions will be consummated; 

WHEREAS, (i) the Contribution, the Spinco Cash Distribution, and the Distribution and (ii) certain of the transactions included in
the Separation Plan are, in each case, intended to qualify for Tax-Free Status; and 
 WHEREAS, the
Parties desire to provide for and agree upon the allocation between the Parties of liabilities for certain Taxes arising prior to, at the time of, and subsequent to the Distribution, and to provide for and agree upon other matters relating to Taxes;

 NOW THEREFORE, in consideration of the mutual agreements contained herein, the Parties hereby agree as follows: 

SECTION 1. DEFINITIONS OF TERMS. 

Section 1.01. Definitions. For purposes of this Agreement (including the recitals hereof), the following terms have the following
meanings, and capitalized terms used but not otherwise defined herein shall have the meaning ascribed to them in the Separation and Distribution Agreement: 

  
 1 

 “Active Trade or Business” means (i) with respect to Spinco and the
Distribution, the Spinco Business, the active conduct (as defined in Section 355(b)(2) of the Code, and taking into account Section 355(b)(3) of the Code and the Treasury Regulations thereunder) of which Spinco was engaged in immediately
prior to the Distribution and (ii) with respect to another Spinco Entity and another Separation Transaction intended to qualify as tax-free pursuant to Section 355 of the Code or analogous provisions
of state or local law, the portion of the Spinco Business, the active conduct (as defined in Section 355(b)(2) of the Code and the Treasury Regulations thereunder, or the analogous provisions of state or local law) of which such Spinco Entity
was engaged in immediately prior to such Separation Transaction. 
 “Adjustment Request” means any formal or informal claim
or request filed with any Tax Authority, or with any administrative agency or court, for the adjustment, refund, or credit of Taxes, including (i) any amended Tax Return claiming adjustment to the Taxes as reported on the Tax Return or, if
applicable, as previously adjusted, (ii) any claim for equitable recoupment or other offset, and (iii) any claim for refund or credit of Taxes previously paid. 

“Affiliate” has the meaning set forth in the Separation and Distribution Agreement. 

“Agreed Statement” has the meaning set forth in Section 12.03. 

“Agreement” means this Tax Matters Agreement. 

“Apportioned Tax Attributes” means Tax Attributes that are subject to allocation or apportionment between one Person and
another Person under applicable Law or by reason of the Separation Transactions. 
 “Apportionment Method” shall mean the
apportionment of items between portions of a taxable period as follows: (i) real property, personal property and similar ad valorem Taxes shall be apportioned on the basis of a fraction, the numerator of which is the number of days in
the portion of such taxable period beginning on the first day of such taxable period and ending on the Distribution Date, or the number of days beginning on the day after the Distribution Date and ending on the last day of such taxable period, as
appropriate, and the denominator of which is the total number of days in such taxable period and (ii) subject to Section 3.07(c), all other Taxes shall be apportioned based on a closing of the books and records on the close of the
Distribution Date (in the event that the Distribution Date is not the last day of the taxable period, as if the Distribution Date were the last day of the taxable period). 

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

“Business Day” has the meaning set forth in the Separation and Distribution Agreement. 

“Closing Working Capital” has the meaning set forth in the Separation and Distribution Agreement. 

  
 2 

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

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

“Combination Effective Time” has the same meaning as “Effective Time” as set forth in the Business
Combination Agreement. 
 “Combination Transfer Taxes” means any Transfer Taxes incurred in connection with the
Combination. 
 “Companies” and “Company” have the meaning provided in the first sentence of this
Agreement. 
 “Contribution” has the meaning set forth in the Separation and Distribution Agreement. 

“Delayed Market Tax Costs” means any additional net Tax liability (taking into account any additional U.S. or non-U.S. income or non-income Tax and Tax imposed by withholding) incurred by the Spinco Group arising from a Delayed Market Transaction that would not have been imposed but
for the assets or liabilities that are transferred in such Delayed Market Transaction not having been transferred for legal purposes on or before the Distribution Date, and including in the calculation of such net Tax liability any Taxes incurred in
repatriating cash received in connection with such Delayed Market Transaction from the relevant member of the Spinco Group to (x) Spinco or (y) to the extent there is a corresponding obligation by a member of the Spinco Group to make a
cash payment to a member of the Pluto Group, such member of the Spinco Group). 
 “Delayed Market Transaction” means a
transaction listed on Schedule D. 
 “DGCL” means the Delaware General Corporation Law. 

“Dispute” has the meaning set forth in Section 12. 

“Distribution” has the meaning set forth in the Separation and Distribution Agreement. 

“Distribution Date” means the date on which the Distribution occurs. 

“Employee Matters Agreement” means the Employee Matters Agreement, dated as of November 16, 2020, by and among Pluto and
Spinco. 
 “Employment Tax” means any Tax the liability or responsibility for which is allocated pursuant to the Employee
Matters Agreement. 

  
 3 

 “Final Determination” means the final resolution of liability for any Tax,
which resolution may be for a specific issue or adjustment or for a taxable period, (i) by IRS Form 870 or 870-AD (or any successor forms thereto), on the date of acceptance by or on behalf of the
taxpayer, or by a comparable form under the Laws of a State, local, or foreign taxing jurisdiction, except that a Form 870 or 870-AD or comparable form shall not constitute a Final Determination to the extent
that it reserves (whether by its terms or by operation of Law) the right of the taxpayer to file a claim for refund or the right of the Tax Authority to assert a further deficiency in respect of such issue or adjustment or for such taxable period
(as the case may be); (ii) by a decision, judgment, decree, or other order by a court of competent jurisdiction, which has become final and unappealable; (iii) by a closing agreement or accepted offer in compromise under Sections 7121 or 7122
of the Code, or a comparable agreement under the Laws of a State, local, or foreign taxing jurisdiction; (iv) by any allowance of a refund or credit in respect of an overpayment of a Tax, but only after the expiration of all periods during
which such refund may be recovered (including by way of offset) by the jurisdiction imposing such Tax; (v) by a final settlement resulting from a treaty-based competent authority determination; or (vi) by any other final disposition,
including by reason of the expiration of the applicable statute of limitations or by mutual agreement of the Parties. 

“Group” means the Pluto Group or the Spinco Group, or both, as the context requires. 

“Indemnifying Party” means a Party that has an obligation to make an Indemnity Payment. 

“Indemnified Party” means a Party that is entitled to receive, or whose Affiliate is entitled to receive, an Indemnity
Payment. 
 “Indemnity Payment” means any payment arising out of obligations to indemnify under Section 2.01. 

“Internal Tax-Free Separation Transactions” means the Separation Transactions
identified on Schedule A as being free from Tax to the extent set forth therein. 
 “IRS” means the U.S. Internal Revenue
Service. 
 “Joint Return” means any Tax Return that actually includes, by election or otherwise, one or more members of
the Pluto Group together with one or more members of the Spinco Group. 
 “Local Separation Agreements” has the meaning set
forth in the Separation and Distribution Agreement. 
 “Legal Comfort” has the meaning set forth in Section 6.03(b).

 “Next Day Rule” has the meaning set forth in Section 3.07(c). 

“Past Practices” has the meaning set forth in Section 4.05(b) of this Agreement. 

  
 4 

 “Payment Date” means (i) with respect to any Pluto Federal
Consolidated Income Tax Return, (A) the due date for any required installment of estimated Taxes determined under Section 6655 of the Code, (B) the due date (determined without regard to extensions) for filing of such Tax Return
determined under Section 6072 of the Code, or (C) the date such Tax Return is filed, as the case may be, and (ii) with respect to any other Tax Return, the corresponding dates determined under the applicable Tax Law. 

“Person” means an individual, a partnership, a corporation, a limited liability company, an association, a joint stock
company, a trust, a joint venture, an unincorporated organization or a governmental entity or any department, agency or political subdivision thereof, without regard to whether any entity is treated as disregarded for U.S. federal income tax
purposes. 
 “Pluto” has the meaning provided in the first sentence of this Agreement. 

“Pluto Affiliated Group” means the affiliated group (as that term is defined in Section 1504 of the Code and the
Treasury Regulations thereunder) of which Pluto is the common parent. 
 “Pluto Business” has the meaning provided in the
Separation and Distribution Agreement. 
 “Pluto Common Stock” has the meaning provided in the Separation and Distribution
Agreement. 
 “Pluto Equity Awards” has the meaning provided in the EMA. 

“Pluto Federal Consolidated Income Tax Return” means any U.S. federal income Tax Return for the Pluto Affiliated Group. 

“Pluto Group” means Pluto and its subsidiaries, excluding any entity that is a member of the Spinco Group, as determined
immediately after the Distribution. 
 “Pluto Separate Return” means any Tax Return of, or including any member of, the
Pluto Group (including any consolidated, combined or unitary Tax Return) that does not include any member of the Spinco Group. 

“Post-Distribution Period” shall mean any taxable period (or portion thereof) beginning after the Distribution Date. 

“Pre-Distribution Period” shall mean any taxable period (or portion thereof) ending
on or before the Distribution Date. 
 “Pre-Distribution Tax Records” has the
meaning set forth in Section 8.01. 
 “Preliminary Tax Advisor” has the meaning set forth in Section 12.03. 

  
 5 

 “Prime Rate” has the meaning set forth in the Separation and Distribution
Agreement. 
 “Privilege” has the meaning set forth in the Separation and Distribution Agreement. 

“Proposed Acquisition Transaction” means a transaction or series of transactions (or any agreement, understanding or
arrangement, within the meaning of Section 355(e) of the Code and Treasury Regulation Section 1.355-7, or any other Treasury Regulations promulgated thereunder, to enter into a transaction or series
of transactions), whether such transaction is supported by Spinco management or shareholders, is a hostile acquisition, or otherwise, as a result of which Spinco would merge or consolidate with any other Person or as a result of which any Person or
any group of related Persons would (directly or indirectly) acquire, or have the right to acquire, from Spinco and/or one or more holders of outstanding shares of Spinco Capital Stock, any shares of Spinco Capital Stock. Notwithstanding the
foregoing, a Proposed Acquisition Transaction shall not include (i) the adoption by Spinco of a shareholder rights plan, (ii) issuances by Spinco that satisfy Safe Harbor VIII (relating to acquisitions in connection with a Person’s
performance of services) or Safe Harbor IX (relating to acquisitions by a retirement plan of an employer) of Treasury Regulation Section 1.355-7(d) or (iii) as otherwise expressly required or
expressly permitted by this Agreement, the Business Combination Agreement, the Separation and Distribution Agreement or any Ancillary Agreement. For purposes of determining whether a transaction constitutes an indirect acquisition, any
recapitalization resulting in a shift of voting power or any redemption of shares of stock shall be treated as an indirect acquisition of shares of stock by the non-exchanging shareholders. This definition and
the application thereof is intended to monitor compliance with Section 355(e) of the Code and shall be interpreted accordingly. Any clarification of, or change in, the statute or regulations promulgated under Section 355(e) of the Code
shall be incorporated in this definition and its interpretation. 
 “Representation Letters” means the statements of facts
and representations, officer’s certificates, representation letters and any other materials (including, without limitation, a Ruling Request and any related supplemental submissions to the IRS or other Tax Authority) delivered or deliverable by
Pluto, Spinco, or Utah and their respective subsidiaries or representatives thereof in connection with the rendering by tax advisors, and/or the issuance by the IRS or other Tax Authority, of the Tax Opinions/Rulings. 

“Responsible Company” means, with respect to any Tax Return, the Company having responsibility for preparing and filing, or
causing to be prepared or filed, such Tax Return under Section 4. 
 “Restricted Action” means one of the actions
described in Section 6.03(a). 
 “Retention Date” has the meaning set forth in Section 8.01. 

  
 6 

 “Ruling” means a private letter ruling issued by the IRS to Pluto prior to
and in connection with the Contribution, the Spinco Cash Distribution, the Pluto Cash Distribution and the Distribution. 
 “Ruling
Request” means any filing by Pluto with the IRS or other Tax Authority requesting (i) a Ruling or (ii) any other private letter ruling regarding certain tax consequences of the Separation Transactions, in each case including all
attachments, exhibits, and other materials submitted with such filing and any amendment or supplement to such filing. 

“SAG” means a group made up of one or more chains of corporations connected through stock ownership if such corporation owns
directly stock meeting the Stock Ownership Requirement in at least one other corporation, and stock meeting the Stock Ownership Requirement in each of the corporations (except the parent) is owned directly by one or more of the other corporations.

 “Separate Return” means a Pluto Separate Return or an Spinco Separate Return, as the case may be. 

“Separation” has the meaning set forth in the Separation and Distribution Agreement. 

“Separation and Distribution Agreement” has the meaning set forth in the Recitals to this Agreement. 

“Separation Plan” means the step plan dated November 13, 2020, attached hereto as Exhibit A. 

“Separation Transactions” means those transactions undertaken by the Companies and their Affiliates pursuant to the
Separation Plan to separate the Spinco Business from the Pluto Business. 
 “Separation Transfer Taxes” means any Transfer
Taxes incurred in connection with the Separation, the Contribution and the Distribution, including, for the avoidance of doubt, any Transfer Taxes incurred in connection with the transfer of employees, assets and liabilities from any member of the
Pluto Group to any Specified CEE Entity; provided that with respect to any such Transfer Tax that is recoverable, (A) Spinco shall use commercially reasonable efforts to recover, all or a portion of, such Transfer Tax from the relevant Tax
authority and (B) such Transfer Tax shall not be included in the definition of Separation Transfer Taxes except to the extent that such Transfer Tax has not been recovered within 12 months from the date on which such Transfer Tax was paid. 

“Specified CEE Jurisdiction” means Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia or
Slovenia. 
 “Specified CEE Entity” means any member of the Utah Group or the Spinco Group that is organized or Tax
resident in a Specified CEE Jurisdiction. 

  
 7 

 “Specified Post-Distribution Matters” means the post-distribution matters
listed on Schedule B. 
 “Spinco” has the meaning provided in the first sentence of this Agreement. 

“Spinco Assets” has the meaning set forth in the Separation and Distribution Agreement. 

“Spinco Business” has the meaning set forth in the Separation and Distribution Agreement. 

“Spinco Capital Stock” means all classes or series of capital stock of Spinco, including (i) Spinco Common Stock,(ii)
all options, warrants and other rights to acquire such capital stock and (iii) all instruments properly treated as stock in Spinco for U.S. federal income Tax purposes. 

“Spinco Carryback” means any net operating loss, capital loss, excess tax credit, or other similar Tax item of any member of
the Spinco Group which may or must be carried from one taxable period to another prior taxable period under the Code or other applicable Tax Law. 

“Spinco Cash Distribution” has the meaning set forth in the Separation and Distribution Agreement. 

“Spinco Common Stock” has the meaning given to the term “Spinco Common Stock” in the Separation and Distribution
Agreement. 
 “Spinco Compensatory Equity Interests” means any option, stock appreciation rights, restricted stock,
restricted stock units, performance share units, or other rights with respect to Spinco Capital Stock that are outstanding immediately after the Combination in connection with employee, independent contractor or direct compensation or other employer
benefits (including, for the avoidance of doubt, options, stock appreciation rights, restricted stock, restricted stock units, performance share units, or other rights issued in respect of any of the foregoing by reason of or in connection with the
Combination). 
 “Spinco Entity” means an entity which is a member of the Spinco Group, as determined immediately after the
Distribution and immediately before the Combination. 
 “Spinco Group” means Spinco and its subsidiaries, as determined
from time to time. 
 “Spinco Liabilities” has the meaning set forth in the Separation and Distribution Agreement. 

“Spinco Make-Whole Awards” has the meaning set forth in the Employee Matters Agreement. 

  
 8 

 “Spinco Pre-Combination Group”
means Spinco and its subsidiaries, immediately after the Distribution and immediately before the Combination. 
 “Spinco
Section 355(e) Event” means the application of Section 355(e) of the Code to the Distribution by reason of the direct or indirect acquisition by one or more Persons of stock representing a fifty percent or greater
interest (within the meaning of Section 355(e)(2)(A)(ii) of the Code) in any member of the Spinco Pre-Combination Group; provided that a Spinco Section 355(e) Event shall not be treated as
having occurred solely by reason of the transactions required or expressly permitted by this Agreement, the Business Combination Agreement, the Separation and Distribution Agreement or any Ancillary Agreement. 

“Spinco Separate Return” means any Tax Return of or including any member of the Spinco
Pre-Combination Group (including any consolidated, combined or unitary Tax Return) that does not include any member of the Pluto Group. 

“Subsequent Ruling” means a private letter ruling issued by the IRS to Pluto, after the Combination, to the effect that a
Restricted Action will not affect the Tax-Free Status (other than clause (vi) of the definition of Tax-Free Status). 

“Subsequent Ruling Request” means any filing by Pluto with the IRS or other Tax Authority requesting a Subsequent Ruling,
including all attachments, exhibits, and other materials submitted with such filing and any amendment or supplement to such filing. 

“Stock Ownership Requirement” means, with respect to a corporation, a requirement that is met if the stock owned represents
at least 80% of the total voting power and at least 80% of the total value of the stock of such corporation. 
 “Straddle
Period” means any taxable period that begins on or before and ends after the Distribution Date. 
 “Tax” or
“Taxes” means (i) any income, gross income, gross receipts, profits, capital stock, franchise, withholding, payroll, social security, workers compensation, unemployment, disability, property, ad valorem, value added, stamp,
excise, severance, occupation, service, sales, use, license, lease, transfer, import, export, alternative minimum, estimated or other tax (including any fee, assessment, or other charge in the nature of or in lieu of any tax), imposed by any
governmental entity or political subdivision thereof, and (ii) any interest, penalty, additions to tax, or additional amounts in respect of the foregoing; provided that, solely for purposes of this Agreement (and, for the avoidance of
doubt, not for purposes of any of the other Transaction Documents, as defined in the Business Combination Agreement), Taxes shall not include Employment Taxes. 

“Tax Advisor” means a tax counsel or accountant of recognized national standing. 

  
 9 

 “Tax Attribute” or “Attribute” means (i) a net
operating loss, net capital loss, unused investment credit, unused foreign tax credit, excess charitable contribution, unused general business credit, unused research and development credit or any other Tax Item that could reduce a Tax or create a
Tax Benefit and (ii) earnings and profits (including previously-taxed earnings and profits), tax basis or other similar Tax attributes that could reduce a Tax or create a Tax Benefit. 

“Tax Authority” means any governmental authority or any subdivision, agency, commission, or entity thereof, or any
quasi-governmental or private body, in each case having jurisdiction over the assessment, determination, collection or imposition of any Tax (including for the avoidance of doubt, any of the foregoing having the authority to enter into any
agreement, incentive arrangement or grant with respect to any Tax). 
 “Tax Benefit” means any refund, credit, or other
reduction in otherwise required liability for Taxes. 
 “Tax Contest” means an audit, review, examination, or any other
administrative or judicial proceeding with the purpose or effect of redetermining Taxes (including any administrative or judicial review of any claim for refund) by any Tax Authority with respect to any Tax Return. 

“Tax-Free Status” means: 

(i) the qualification of the Contribution, the Spinco Cash Distribution, Pluto Cash Distribution and the Distribution, taken together, as a
“reorganization” under Section 368(a)(1)(D) of the Code; 
 (ii) the qualification of the Distribution as a transaction in
which the Spinco Common Stock distributed to holders of Pluto Common Stock is “qualified property” for purposes of Section 361(c) of the Code; 

(iii) the nonrecognition of income, gain or loss by Pluto and Spinco on the Contribution and the Distribution under Sections 355, 361 and/or
1032 of the Code, as applicable, other than intercompany items or excess loss accounts taken into account pursuant to the Treasury Regulations promulgated pursuant to Section 1502 of the Code; 

(iv) the nonrecognition of income, gain or loss by holders of Pluto Common Stock upon the receipt of Spinco Common Stock in the Distribution
(except with respect to the receipt of cash in lieu of fractional shares of Spinco Common Stock, if any) under Section 355 of the Code; 

(v) the nonrecognition of income, gain or loss by Pluto on the distribution of the proceeds of the Spinco Cash Distribution in the Pluto Cash
Distribution to Pluto creditors or shareholders under Section 361(b) of the Code; and 
 (vi) the transactions described on Schedule A
as being free from Tax to the extent set forth therein. 

  
 10 

 “Tax Grants” means the agreements listed on Schedule C. 

“Tax Item” means, any item of income, gain, loss, deduction, credit, recapture of credit or any other item that increases or
decreases income Taxes paid or payable. 
 “Tax Law” means the Law of any governmental entity or political subdivision
thereof relating to any Tax. 
 “Tax Opinions/Rulings” means the opinions or legal memoranda of tax advisors and/or the
rulings by the IRS or other Tax Authorities delivered or deliverable to Pluto in connection with the Contribution and the Distribution or otherwise with respect to the Separation Transactions. 

“Tax Records” means any (i) Tax Returns, (ii) Tax Return workpapers, (iii) documentation relating to any Tax
Contests, and (iv) any other books of account or records (whether or not in written, electronic or other tangible or intangible forms and whether or not stored on electronic or any other medium) maintained under the Code or other applicable Tax
Laws or under any record retention agreement with any Tax Authority. 
 “Tax-Related
Losses” means: 
 (i) all Taxes imposed pursuant to any Final Determination; 

(ii) all reasonable accounting, legal and other professional fees, court costs and other reasonable out-of-pocket costs incurred in connection with the assertion or imposition of such Taxes (whether or not ultimately imposed); and 

(iii) all costs, expenses and damages, including all reasonable accounting, legal and other professional fees, court costs and other reasonable
out-of-pocket costs, associated with stockholder litigation or controversies and any amount paid by Pluto (or any Pluto Affiliate) or Spinco (or any Spinco Affiliate) in
respect of the liability of shareholders, whether paid to shareholders or to the IRS or any other Tax Authority; 
 in each case, resulting from the failure
of the Contribution, the Spinco Cash Distribution, the Pluto Cash Distribution or the Distribution to qualify for Tax-Free Status or from the failure of a Separation Transaction described on Schedule A as
being free from Tax to the extent set forth therein. 
 “Tax Return” or “Return” means any return or
report of Taxes due, any claim for refund of Taxes paid, any information return with respect to Taxes, or any other similar report, statement, declaration, or document filed under the Code or other Tax Law with respect to Taxes, including any
attachments, exhibits, or other materials submitted with any of the foregoing, and including any amendments or supplements to any of the foregoing. 

  
 11 

 “Technical Dispute” means any Dispute (i) relating solely to one or
more Technical Tax Matters or (ii) that the Parties otherwise agree shall be treated as a Technical Dispute. 
 “Technical Tax
Matter” means any matter related to (i) the interpretation or application of Tax Law or (ii) calculations or other computations necessary to implement a provision of this Agreement or required by any Tax Law. 

“Transfer Pricing Adjustment” means any proposed or actual allocation by a Tax Authority of any Tax Item between or among any
member of the Pluto Group and any member of the Spinco Group with respect to any taxable period ending prior to or including the final Distribution Date. 

“Transfer Taxes” means all transfer, documentary, stamp duty, sales, use, value added, goods and services, registration,
filing, conveyance, real property transfer gains, commodities and any similar Taxes. 
 “Treasury Regulations” means the
regulations promulgated from time to time under the Code as in effect for the relevant taxable period. 
 “Unqualified Tax
Opinion” means an unqualified “will” opinion of a Tax Advisor, which Tax Advisor is acceptable to Pluto, on which Pluto may rely to the effect that a Restricted Action will not affect the
Tax-Free Status. Any such opinion must assume that the Contribution and the Distribution would have qualified for Tax-Free Status if the Restricted Action in question
did not occur. 
 “Utah” means Mylan N.V., a public company with limited liability incorporated under the laws of the
Netherlands. 
 “Utah Group” means Utah and its subsidiaries, as determined immediately before the Combination. 

SECTION 2. INDEMNIFICATION. 

Section 2.01. Indemnification for Taxes and Tax-Related Losses. 

(a) Pluto Liability. Pluto shall be liable for, shall pay and shall indemnify and hold harmless the Spinco Group from and against any
liability for Tax-Related Losses and other Taxes that, in each case, are allocated to Pluto or the Pluto Group under Section 3. 

(b) Spinco Liability. Spinco shall be liable for, shall pay and shall indemnify and hold harmless the Pluto Group from and against any
liability for Tax-Related Losses and other Taxes that, in each case, are allocated to Spinco under Section 3. 

  
 12 

 Section 2.02. Indemnification Payments. 

(a) All Indemnity Payments under this Agreement shall be made by Pluto directly to Spinco and by Spinco directly to Pluto; provided,
however, that if the Companies mutually agree with respect to any such Indemnity Payment, any member of the Pluto Group, on the one hand, may make such Indemnity Payment to any member of the Spinco Group, on the other hand, and vice versa.

 (b) Subject to Section 2.02(c) below, in the absence of any change in Tax treatment under the Code and except as otherwise required
by other applicable Tax Law, all Indemnity Payments shall be reported for Tax purposes by the payor and the recipient as distributions or capital contributions, as appropriate, occurring immediately before the Distribution. 

(c) Anything herein to the contrary notwithstanding, to the extent the Indemnifying Party makes a payment of interest to the Indemnified Party
under Section 13, the interest payment shall be treated as interest expense to the Indemnifying Party (deductible to the extent provided by Law) and as interest income by the Indemnified Party (includible in income to the extent provided by
Law). The amount of the payment shall not be adjusted to take into account any associated Tax Benefit to the Indemnifying Party or increase in Tax to the Indemnified Party. 

(d) If an indemnification obligation of any Indemnifying Party under this Agreement arises in respect of an adjustment that results in an
offsetting deduction or other item for the Indemnified Party which would not otherwise be allowable but for such adjustment, the amount of any Indemnity Payment shall be reduced to take into account any actual Tax Benefit realized by the Indemnified
Party’s Group with respect to such deduction or other item, determined using a “with and without” methodology (treating any deductions attributable to the Indemnity Payment as the last items claimed for any taxable period including
after the utilization of any available Tax Attributes). 
 (e) Pluto and Spinco and the members of their respective Groups shall discharge
their obligations under Section 2.01 by paying the relevant amount within thirty (30) days after written demand therefor. Any such demand shall include the amount due under Section 2.01. Notwithstanding the foregoing, if Pluto or
Spinco disputes in good faith the fact or amount of its obligation under Section 2.01, then no payment of the amount in dispute shall be required until any such good faith dispute is resolved in accordance with Section 12; provided,
however, that any amount not paid within thirty (30) days after written demand therefor shall bear interest as provided in Section 13. 

Section 2.03. Limitation on Liability for Non-Income Taxes. Notwithstanding anything to
the contrary in this Agreement, a Company shall not be required to pay, indemnify or hold harmless the other Company for any non-income Taxes pursuant to this Section 2: 

(a) to the extent such non-income Taxes were taken into account as liabilities in the determination of
the Closing Working Capital, as finally determined pursuant to Section 2.16 of the Separation and Distribution Agreement; or 

  
 13 

 (b) arising from any individual claim (or series of related claims arising out of the same
facts or circumstances) if the amount of such non-income Taxes paid or payable with respect to such claim or series of claims is less than $50,000. 

SECTION 3. ALLOCATION OF TAX LIABILITIES AND OTHER
TAX MATTERS. 
 Section 3.01. Allocation of Tax-Related
Losses. 
 (a) Allocation of Tax-Related Losses to Pluto. Pluto shall be allocated all Tax-Related Losses other than Tax-Related Losses allocated to Spinco pursuant to Section 3.01(b). 

(b) Allocation of Tax-Related Losses to Spinco. Subject to Section 3.01(c), Spinco shall be
allocated all Tax-Related Losses arising out of: 
 (i) a Spinco Section 355(e)
Event; 
 (ii) a breach of any representation in Section 6.01(b); 

(iii) a breach of any covenant in Section 6.02; or 

(iv) an action or omission by any member of the Spinco Group or the Utah Group described in Section 6.03 (without regard
to whether Spinco received Legal Comfort with respect to that action or omission). 
 (c) Allocation of
Tax-Related Losses According to Relative Fault. If any Tax-Related Losses are described in Section 3.01(b) but also would not have been imposed but for an
action or omission by any member of the Pluto Group, such Tax-Related Losses shall be allocated between Pluto and Spinco in proportion to the relative degrees of fault of the members of the Pluto Group, on the
one hand, and the Spinco Group, on the other hand. 
 (d) Notwithstanding anything to the contrary in Section 3.02, Section 3.03,
Section 3.04 or Section 3.05, only this Section 3.01 shall allocate Tax-Related Losses to Spinco or Pluto. 

Section 3.02. General Rule for Allocation of Taxes. Except as provided in Section 3.01, Section 3.03,
Section 3.04 or Section 3.05, Taxes shall be allocated as follows: 
 (a) Allocation of Taxes Relating to Joint Returns.
With respect to any Joint Return, Pluto shall be allocated all Taxes due with respect to or required to be reported on any such Tax Return (including any increase in such Tax as a result of a Final Determination; provided, however, that to
the extent any such Joint Return includes any Tax Item attributable to any member of the Spinco Group or the Spinco Business for any Post-Distribution Period, Spinco shall be allocated all Taxes attributable to such Tax Items. 

  
 14 

 (b) Allocation of Taxes Relating to Separate Returns. 

(i) Pluto shall be allocated all Taxes due with respect to or required to be reported on (x) any Pluto Separate Return for
any taxable period and (y) any Spinco Separate Return for any Pre-Distribution Period (including, in each case, any increase in such Tax as a result of a Final Determination). 

(ii) Spinco shall be allocated any and all Taxes due with respect to or required to be reported on any Spinco Separate Return
(including any increase in such Tax as a result of a Final Determination) for any Post-Distribution Period. 
 Section 3.03. Other
Spinco Liability. Except as provided in Section 3.01 or Section 3.05, Spinco shall be allocated any Tax resulting from a breach by Spinco of any covenant in this Agreement, the Separation and Distribution Agreement or any Ancillary
Agreement. 
 Section 3.04. Other Pluto Liability. Except as provided in Section 3.01 or Section 3.05, Pluto shall be
allocated: 
 (a) any Taxes imposed on any member of the Spinco Group under Treasury Regulations
Section 1.1502-6 (or similar provision of state, local or foreign Law) solely as a result of any such member being or having been a member of the Pluto Affiliated Group (or any similar group under state,
local or foreign Law); 
 (b) any Taxes of any member of the Pluto Affiliated Group (including any applicable member of the Spinco Group)
arising by operation of Section 965 of the Code, including any “net tax liability under this section” (as defined in Section 965(h) of the Code) (whether or not the election described in Section 965(h) of the Code is or has
been made); 
 (c) any Tax resulting from a breach by Pluto of any covenant in this Agreement, the Separation and Distribution Agreement or
any Ancillary Agreement; 
 (d) any Separation Transfer Taxes; and 

(e) any Delayed Market Tax Costs, except to the extent that the amount of any corresponding payment with respect to, or on account of, a
Delayed Market Transaction made by a member of the Spinco Group to a member of the Pluto Group is reduced in respect of any such Delayed Market Tax Costs pursuant to the agreement governing such corresponding payment. 

Section 3.05. Allocation of Taxes According to Relative Fault. If any Taxes are described in both Section 3.03 and
Section 3.04(c), such Taxes shall be allocated between Pluto and Spinco in proportion to the relative degrees of fault of Pluto, on the one hand, and Spinco, on the other hand. 

  
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 Section 3.06. Employment Taxes; Certain Deductions. 

(a) Allocation of Employment Taxes. Notwithstanding anything contained herein to the contrary, this Agreement, including Section 3
hereof, shall not apply with respect to Employment Taxes. Employment Taxes shall be allocated as provided in the Employee Matters Agreement. All obligations with respect to the withholding, reporting, remitting or payment obligations or any
regulatory filing obligation in connection with Employment Taxes, Pluto Equity Awards or the Spinco Make-Whole Awards shall be governed by the Employee Matters Agreement. 

(b) Allocation of Certain Compensation Deductions. The Pluto Group shall be allocated any Tax deduction relating to: 

(i) the exercise, vesting and/or settlement of the Pluto Equity Awards, and 

(ii) any Liabilities with respect to compensation or benefits that any Pluto Group member assumes or retains in connection with
the Transactions (such deductions, collectively, the “Pluto Compensation Tax Assets”). 
 (c) Payments for Pluto
Compensation Tax Assets. If a Pluto Compensation Asset gives rise to a deduction for any member of the Spinco Group in any Post-Distribution Period, Pluto will be entitled to annual payments from Spinco of the actual Tax Benefit of the Spinco
Group arising from such Pluto Compensation Tax Asset, determined using a “with and without” methodology (treating any deductions attributable to the use by a member of the Spinco Group of a Pluto Compensation Tax Asset as the last item
claimed for any taxable period including after the utilization of any available Tax Attributes). 
 Section 3.07. Determination of
Tax Attributable to the Spinco Business. 
 (a) Apportionment. The Parties and their respective Affiliates shall elect to close
the taxable period of each Spinco Group member as of the end of the Distribution Date, to the extent permitted by applicable Tax Law; provided, however, that if applicable Tax Law does not permit a member of the Spinco Group to close
its taxable period at such time, the Tax attributable to the operations of such member of the Spinco Group for any Pre-Distribution Period shall be determined using the Apportionment Method. 

(b) Notwithstanding Section 3.07(a), any and all Taxes reported, or required to be reported, on a Spinco Separate Return, or a Tax Return
of a member of the Pluto Group to the extent attributable to a member of the Spinco Group, under Section 951(a) or Section 951A(a) of the Code (“Spinco Subpart F Taxes”) that, in each case, are
attributable to Tax Items for a Pre-Distribution Period (determined as though the taxable period of each controlled foreign corporation (within the meaning of Section 957 of the Code) giving rise to Tax
Items ended on the Distribution Date) shall be allocated to Pluto, and any Spinco Subpart F Taxes that, in each case, are attributable to Tax Items for a Post-Distribution Period (determined as though the taxable period of each controlled foreign
corporation (within the meaning of Section 957 of the Code) giving rise to Tax 

  
 16 

 
Items ended on the Distribution Date) shall be allocated to Spinco; provided, further, that for purposes of determining the amount of Spinco Subpart F Taxes allocated to Pluto
above, (i) the portion of any Spinco Subpart F Taxes allocated to Pluto shall not exceed the amount of Taxes that the Spinco Pre-Combination Group would have been required to pay (for the avoidance of
doubt, taking into account all items of deduction and credit which would have been allowed to members of the Spinco Pre-Combination Group) in respect of inclusions under Section 951(a) and 951A(a) of the
Code, respectively, if (x) the Spinco Pre-Combination Group were a stand-alone affiliated group of corporations the domestic members of which joined in the filing of a consolidated U.S. federal income Tax
return and (y) the taxable period of each member of the Spinco Pre-Combination Group ended on the Distribution Date, and (ii) the “qualified business asset investment” (as such term is used
in Section 951A(d) of the Code) of each relevant controlled foreign corporation (within the meaning of Section 957 of the Code) for a Pre-Distribution Period shall be determined consistent with
Treasury Regulations Section 1.951A-3(f) (as though the taxable period of such controlled foreign corporation ended on the Distribution Date). 

(c) Next Day Rule. For all purposes under this Agreement, Pluto and Spinco hereby agree that any transaction with respect to Spinco or
the Spinco Group occurring on the Distribution Date but after the Distribution Effective Time (other than any transaction occurring in the ordinary course of business) shall be treated for all Tax purposes (to the extent permitted by applicable Tax
Law, including Treasury Regulations Section 1.1502-76(b) (the “Next Day Rule”)) as occurring at the beginning of the day following the Distribution Date. 

SECTION 4. PREPARATION AND FILING OF TAX RETURNS. 

Section 4.01. Pluto Responsibility. Pluto has the exclusive obligation and right to prepare and file, or to cause to be prepared
and filed: 
 (a) Joint Returns; 

(b) Pluto Separate Returns; and 

(c) Spinco Separate Returns that relate solely to any Pre-Distribution Period, provided that
with respect to any such Spinco Separate Return that is prepared, or caused to be prepared, by Pluto but that is required to be filed by a member of the Spinco Group under applicable Tax Law, Pluto shall provide such Tax Return to Spinco prior to
the due date for filing such Tax Return (taking into account applicable extension periods), and Spinco shall execute and file, or cause to be executed and filed, such Tax Return; provided further that if Spinco promptly delivers to Pluto a
written notice of objection stating that Spinco has determined in good faith that it is not permitted to file such Tax Return under applicable Law, the Companies shall resolve any Dispute under Section 12 of this Agreement. In the event that
the Dispute is not resolved before the due date of such Tax Return, such Tax Return shall be filed reflecting Spinco’s objection on the Dispute, and (i) if required, an amended Tax Return shall be filed after the resolution of the Dispute
that reflects the resolution of the Dispute and (ii) the Parties shall make appropriate adjustments to any Indemnity Payment due or previously paid to reflect such resolution. 

  
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 Section 4.02. Spinco Responsibility. Spinco shall prepare and file, or shall
cause to be prepared and filed, all Tax Returns required to be filed by or with respect to members of the Spinco Group (including, for the avoidance of doubt, any Spinco Separate Return) other than those Tax Returns which Pluto is required to
prepare and file, or cause to be prepared and filed, under Section 4.01. 
 Section 4.03. Tax Returns for Certain Transfer
Taxes. Notwithstanding Section 4.01 and Section 4.02, the Party responsible, or whose subsidiary is responsible, for filing any Tax Return with respect to any Separation Transfer Taxes under applicable Law shall prepare and
file, or cause to be prepared and filed, any Tax Returns with respect to such Transfer Taxes. 
 Section 4.04. Tax Payments for Tax
Returns. With respect to any Tax Return, the Company required to file such Tax Return under applicable Law shall pay, or cause to be paid, the amount shown as due on such Tax Return to the applicable Tax Authority on or before the relevant
Payment Date (and provide notice and proof of payment to the other Company in the case of a Joint Return). If any portion of such payment is in respect of Taxes for which an Indemnifying Party has an indemnity obligation under Section 2, the
Indemnifying Party shall pay the amount required to be so indemnified to the Indemnified Party in accordance with Section 2. 

Section 4.05. Tax Reporting Practices. 

(a) Pluto General Rule. Except as provided in Section 4.05(c), Pluto shall prepare, or cause to be prepared, any Tax Return
described in Section 4.01 in accordance with reasonable Tax accounting practices selected by Pluto. 
 (b) Spinco General Rule.
Except as provided in Section 4.05(c), with respect to any Tax Return for a Straddle Period that Spinco has the obligation and right to prepare and file, or cause to be prepared and filed, under Section 4.02, such Tax Return shall be
prepared in accordance with past practices, accounting methods, elections or conventions (“Past Practices”) used with respect to the Tax Return of the relevant member(s) of the Spinco Group in question (unless there is no reasonable
basis for the use of such Past Practices or unless there is no adverse effect to Pluto), and, to the extent any items are not covered by Past Practices (or in the event that there is no reasonable basis for the use such Past Practices or there is no
adverse effect to Pluto), in accordance with reasonable Tax accounting practices selected by Spinco. Spinco shall not amend, refile or otherwise take any action with respect to any Tax Return with respect to one or more members of the Spinco Pre-Combination Group previously filed with respect to any Pre-Distribution Period without the prior written consent of Pluto, not to be unreasonably withheld or delayed. 

(c) Reporting of Separation Transactions. The Tax treatment of the Separation Transactions reported on any Tax Return shall be
consistent with the treatment thereof in the Ruling Requests, the Tax Opinions/Rulings or as set forth on Schedule A, as applicable, taking into account the jurisdiction in which such Tax Returns are filed. 

  
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 Section 4.06. Consolidated or Combined Tax Returns. Spinco will, and will cause
its respective Affiliates to, use reasonable best efforts to elect and join in filing any Joint Returns that Pluto determines are required to be filed or that Pluto chooses to file pursuant to Section 4.01(a). 

Section 4.07. Right to Review Tax Returns. 

(a) General. The Responsible Company with respect to any material Tax Return shall make the portion of such Tax Return and related
workpapers that are relevant to the determination of the other Company’s rights or obligations under this Agreement available for review by the other Company, if requested, (i) to the extent such Tax Return relates to Taxes for which the
requesting Party would reasonably be expected to be liable, (ii) such Tax Return relates to Taxes and the requesting Party would reasonably be expected to be liable in whole or in part for any additional Taxes owing as a result of adjustments
to the amount of Taxes reported on such Tax Return or (iii) such Tax Return relates to Taxes for which the requesting Party would reasonably be expected to have a claim for Tax Benefits under this Agreement. The Responsible Company shall use
its commercially reasonable efforts to make such portion of such Tax Return available for review as required under this Section 4.07(a) sufficiently in advance of the due date for filing of such Tax Return to provide the other Company with a
meaningful opportunity to analyze and comment on such Tax Return. The Companies shall attempt in good faith to resolve any dispute arising out of the review of such Tax Return, but if the Companies are unable to resolve such dispute, the resolution
of such dispute shall be governed by Section 12 of this Agreement. In the event that such dispute is not resolved before the due date of such Tax Return, such Tax Return shall be filed on the basis prepared by the Responsible Company (as
revised to reflect any comments made by the other Company which are not the subject of a dispute), and (i) if required, an amended Tax Return shall be filed after the resolution of such dispute that reflects the resolution of such dispute and
(ii) the Parties shall make appropriate adjustments to any Indemnity Payment due or previously paid to reflect such resolution. 
 (b)
Material Tax Returns. For purposes of Section 4.07(a), a Tax Return is “material” if, and only if, it could reasonably be expected to reflect (i) Tax liability equal to or in excess of $1 million, (ii) a Tax
credit or credits equal to or in excess of $1 million or (iii) a Tax loss or losses equal to or in excess of $5 million, in each case with respect to the requesting Party. 

Section 4.08. Spinco Carrybacks and Claims for Refund. Spinco hereby agrees that, unless Pluto consents in writing,
(i) Spinco shall not file, or cause to be filed, any Adjustment Request with respect to any Joint Return, (ii) Spinco shall make, or cause to be made, any available elections to waive the right to claim in any Pre-Distribution Period with respect to any Joint Return any Spinco Carryback arising in a Post-Distribution Period; and (iii) Spinco shall not make, or cause to be made, any affirmative election to claim any
Spinco Carryback described in clause (ii). 

  
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 Section 4.09. Apportioned Tax Attributes. 

(a) Pluto shall in good faith advise Spinco in writing of the amount, if any, of Tax Attributes which Pluto determines, from time to time
(including as a result of any adjustment on audit), shall be allocated or apportioned to the Spinco Group (or any member thereof) under applicable Law, provided that this Section 4.09 shall not be construed as obligating Pluto to undertake any
such determination as to the amount, allocation or apportionment of any Apportioned Tax Attribute. Spinco agrees that it shall accept Pluto’s allocation or apportionment of Apportioned Tax Attributes (and Spinco and all members of the Spinco
Group shall prepare all Tax Returns in accordance therewith) unless such allocation or apportionment is manifestly unreasonable or manifestly erroneous. 

(b) Spinco may request that Pluto undertake a determination of the portion, if any, of any Apportioned Tax Attribute to be allocated or
apportioned to the Spinco Group (or any member thereof) under applicable Law, if such allocation or apportionment was not determined by Pluto pursuant to Section 4.09(a). If Pluto agrees to undertake such determination, Pluto shall in good
faith advise Spinco in writing of the amount, if any, of any Apportioned Tax Attributes which Pluto determines shall be allocated or apportioned to the Spinco Group (or any member thereof) under applicable Law. Spinco agrees that it shall accept
Pluto’s allocation or apportionment of Apportioned Tax Attributes (and Spinco and all members of the Spinco Group shall prepare all Tax Returns in accordance therewith) unless such allocation or apportionment is manifestly unreasonable or
manifestly erroneous. Spinco shall reimburse Pluto for all reasonable third-party costs and expenses incurred by the Pluto Group in connection with such determination requested by Spinco within ten (10) Business Days after receiving an invoice
from Pluto therefor. 
 (c) To the extent that Pluto determines, in its sole and absolute discretion, not to undertake a determination
requested by Spinco pursuant to Section 4.09(b), or does not otherwise advise Spinco of its intention to undertake such determination within twenty (20) Business Days of the receipt of such request, Spinco shall be permitted to undertake
such determination at its own cost and expense and shall notify Pluto of its determination, which determination shall be binding upon Pluto, unless such determination is manifestly unreasonable or manifestly erroneous. 

(d) Nothing in this Section 4.09 shall limit a Company’s rights and obligations under Section 7.01. 

SECTION 5. TAX REFUNDS. 

Section 5.01. Tax Benefits. Each Company shall be entitled to any Tax Benefit (and any interest thereon received from the
applicable Tax Authority) of Taxes for which it is liable hereunder. A Company receiving any Tax Benefit to which another Company is entitled under this Section 5.01 shall pay over the amount of such Tax Benefit to such other Company within
thirty (30) days after such Tax Benefit is received. 

  
 20 

 SECTION 6. TAX-FREE
STATUS. 
 Section 6.01. Representations and Warranties. 

(a) Pluto hereby represents and warrants or covenants and agrees, as appropriate, (i) that the facts presented and the representations
made in the Representation Letters, to the extent descriptive of (A) the Pluto Group at any time or (B) the Spinco Pre-Combination Group at any time prior to the Distribution (including, in each
case, (x) the business purposes for the Distribution described in the Representation Letters to the extent that they relate to the Pluto Group at any time or the Spinco Pre-Combination Group at any time
prior to the Distribution, and (y) the plans, proposals, intentions and policies of the Pluto Group at any time or the Spinco Pre-Combination Group at any time prior to the Distribution), were true,
correct and complete in all respects when given and have continued to be true, correct and complete in all respects through the Distribution and (ii) that Pluto has obtained a Tax Opinion/Ruling at a “should”-level or higher for each
of the Internal Tax-Free Separation Transactions listed under the heading “U.S. Federal Income Tax Treatment” on Schedule A. 

(b) Spinco hereby represents that as of immediately after the Combination, neither Spinco nor any member of the Spinco Group has any plan or
intention to 
 (i) take or fail to take (or cause or permit any of its subsidiaries to take or fail to take) any action that
would breach a covenant under Section 6.02 or Section 6.03; or 
 (ii) take or fail to take (or permit any of its
subsidiaries to take or fail to take) any action inconsistent with any representation in the Representation Letter delivered by Utah. 
 (c)
Spinco hereby represents that all, except as otherwise expressly required or expressly permitted by this Agreement, the Business Combination Agreement, the Separation and Distribution Agreement or any Ancillary Agreement, Spinco Capital Stock issued
(i) within two years after the Distribution Date pursuant to or in respect of Spinco Compensatory Equity Interests, or (ii) at any time after the Distribution Date pursuant to or in respect of Spinco Compensatory Equity Interests issued or
granted within two years after the Distribution Date, in each case will satisfy Safe Harbor VIII (relating to acquisitions in connection with a person’s performance of services) of Treasury Regulations
Section 1.355-7(d). 
 Section 6.02. Spinco Covenants. Spinco shall not take
or fail to take (or cause or permit any of its subsidiaries to take or fail to take) any action if (i) such action or omission is outside the ordinary course of business operations and would adversely affect or could reasonably be expected to
adversely affect the Tax-Free Status of the Contribution, the Spinco Cash Distribution, the Pluto Cash Distribution, the Distribution or the transactions described in Schedule A, (ii) such action or
omission could reasonably be expected to be inconsistent with any Specified Post-Distribution Matter or (iii) such action or omission could reasonably be expected to be inconsistent with any Tax Grant, except, in each case, as otherwise
expressly required or expressly permitted by this Agreement, the Business Combination Agreement, the Separation and Distribution Agreement or any Ancillary Agreement. 

  
 21 

 Section 6.03. Restricted Actions. 

(a) Subject to Section 6.03(b), on or before the two-year anniversary of the Distribution Date,
Spinco shall not (and shall cause its subsidiaries not to), in a single transaction or series of transactions: 
 (i) enter
into any Proposed Acquisition Transaction or permit any Proposed Acquisition Transaction to occur (whether by (A) redeeming rights under a shareholder rights plan, (B) finding a tender offer to be a “permitted offer” under any
such plan or otherwise causing any such plan to be inapplicable or neutralized with respect to any Proposed Acquisition Transaction, (C) approving any Proposed Acquisition Transaction, whether for purposes of Section 203 of the DGCL or any
similar corporate statute, or any “fair price” or other provision of Spinco’s charter or bylaws, or (D) amending its certificate of incorporation to declassify its Board of Directors or approving any such amendment, (E) or
otherwise); 
 (ii) cause or permit Spinco or any member of the Spinco
Pre-Combination Group that was a “controlled corporation” in any Separation Transaction and is identified as a “controlled corporation” on Schedule A, within the meaning of Section 355
of the Code, to merge, consolidate or amalgamate with any other Person or liquidate or partially liquidate; 
 (iii) cause or
permit (A) a member of the Spinco Pre-Combination Group whose Active Trade or Business is relied upon in the Tax Opinions/Rulings for purposes of qualifying a transaction as
tax-free pursuant to Section 355 of the Code or other Tax Law to cease being engaged in that Active Trade or Businesses, or (B) a member of the Spinco Group to dispose of, directly or indirectly, any
interest in a member of the Spinco Pre-Combination Group described in clause (A), other than dispositions to any member of the SAG of Spinco; 

(iv) other than sales or transfers of inventory in the ordinary course of business, (A) sell all or substantially all of
the assets that were transferred to Spinco pursuant to the Contribution or (B) transfer 25% or more of the gross assets of any Active Trade or Business relied upon in any of the Tax Opinions/Rulings for purposes of Section 355(b)(2) of the
Code or 25% or more of the consolidated gross assets of the Spinco Pre-Combination Group (such percentages to be measured based on fair market value as of the Distribution Date, as reported in writing by Pluto
to Spinco within ninety (90) days of the Distribution Date); 

  
 22 

 (v) redeem or otherwise repurchase (directly or through a member of the
Spinco Group) any Spinco Capital Stock, unless: 
 (A) the Ruling includes a ruling substantially to the effect that a
redemption or repurchase of Spinco Capital Stock meeting certain conditions will be treated as being made on a pro rata basis from all holders (other than holders specified in the Ruling) for purposes of testing the effect of such redemption
or repurchase on the Distribution under Section 355(e), and such redemption or repurchase satisfies such conditions, and 

(B) either (x) such redemption or repurchase satisfies Section 4.05(1)(b) of Revenue Procedure 96-30 (as in effect prior to its amendment by Revenue Procedure 2003-48), or (y) the Ruling includes a ruling substantially to the effect that a redemption or repurchase
meeting certain conditions that does not otherwise satisfy clause (x) hereof will not be evidence that the Distribution was used principally as a device for the distribution of earnings and profits of Pluto or Spinco or both under
Section 355(a)(1)(B), and such redemption or repurchase satisfies such conditions); 
 (vi) amend its certificate of
incorporation (or other organizational documents), or take any other action, whether through a stockholder vote or otherwise, affecting the voting rights of Spinco Capital Stock (including, without limitation, through the conversion of one class of
Spinco Capital Stock into another class of Spinco Capital Stock). 
 (b) Spinco may take, or may cause its subsidiaries to take a Restricted
Action if (x) Spinco has received “Legal Comfort” with respect to such Restricted Action or (y) Pluto has waived the requirement to obtain Legal Comfort with respect to such Restricted Action. For this purpose, Spinco has
received Legal Comfort if, prior to taking a Restricted Action: 
 (i) Spinco has requested that Pluto obtain a Subsequent
Ruling in accordance with Section 6.04 and Pluto has received such a Subsequent Ruling in form and substance satisfactory to Pluto, acting in good faith; or 

(ii) Spinco has provided Pluto with an Unqualified Tax Opinion in form and substance satisfactory to Pluto, acting in good
faith (and in determining whether an opinion is satisfactory, Pluto may consider, among other factors, the appropriateness of any underlying assumptions and management’s representations if used as a basis for the opinion and Pluto may determine
that no opinion would be acceptable to Pluto if Pluto does so acting in good faith). 

  
 23 

 Section 6.04. Procedures Regarding Legal Comfort. 

(a) Cooperation. In addition to any obligations to cooperate contained in Section 7.01, if Spinco notifies Pluto that it desires to
take a Restricted Action, Pluto and Spinco shall reasonably cooperate to attempt to obtain Legal Comfort with respect to the Restricted Action, unless Pluto shall have waived the requirement to obtain such Legal Comfort. In no event shall Pluto be
required to file any Subsequent Ruling Request under this Section 6.04(a) unless Spinco represents that (i) it has read the Subsequent Ruling Request and (ii) all information and representations, if any, relating to any member of the
Spinco Group contained in the Subsequent Ruling Request and accompanying documents are (subject to any qualifications therein) true, correct and complete. With respect to any Subsequent Ruling or Subsequent Ruling Request, Spinco shall not be
required to make (or cause any Affiliate of Spinco to make) any representation or covenant that is inconsistent with historical facts or as to future matters or events over which it has no control). 

(b) Reimbursement of Expenses for Legal Comfort. Spinco shall reimburse Pluto for all reasonable costs and expenses incurred by the
Pluto Group in connection with the cooperation with respect to obtaining Legal Comfort, within thirty (30) days after receiving an invoice from Pluto therefor. 

(c) Subsequent Ruling Process. Spinco hereby agrees that Pluto shall have control over the process of obtaining any Subsequent Ruling,
and that only Pluto shall apply for a Subsequent Ruling. In addition to any obligations to cooperate contained in Section 7.01, in connection with obtaining a Subsequent Ruling: 

(i) Pluto shall keep Spinco informed in a timely manner of all material actions taken or proposed to be taken by Pluto in
connection therewith; 
 (ii) Pluto shall (1) reasonably in advance of the submission of any Subsequent Ruling Request
documents provide Spinco with a draft copy thereof, (2) reasonably consider Spinco’s comments on such draft copy, and (3) provide Spinco with a final copy of such Subsequent Ruling Request filed with the IRS; and 

(iii) Pluto shall provide Spinco with notice reasonably in advance of, and nationally recognized tax counsel to Spinco
reasonably acceptable to Pluto shall have the right to attend, any formally scheduled meetings (including telephonic meetings) with the IRS (subject to the approval of the IRS) that relate to such Subsequent Ruling. 

Section 6.05. Protective 336(e) Election. Pursuant to Treasury Regulation Sections
1.336-2(h)(1)(i) and 1.336-2(j), Pluto shall make a timely protective election under Section 336(e) of the Code and the Treasury Regulations issued thereunder and
any similar provision of state or local Tax Law (and any related elections as determined by Pluto) with respect to the Distribution (collectively, a “Section 336(e) Election”). If and to the extent that Tax-Free Status does not apply with respect to the Distribution and Pluto is liable under Section 2.01(a) for any resulting Tax-Related Losses (including any Taxes
attributable to the Section 336(e) Election), then, to that extent, Pluto will be entitled to annual payments from Spinco of the actual Tax Benefit of the Spinco Group arising from the step-up in Tax
basis resulting from the Section 336(e) Election, determined using a “with and without” methodology (treating any deductions attributable to the step-up in tax basis resulting from the
Section 336(e) Election as the last items claimed for any taxable period including after the utilization of any available Tax Attributes). 

  
 24 

 Section 6.06. Tax Grants. Spinco shall not modify, amend or terminate any Tax
Grant without the prior written consent of Pluto, which consent shall not be unreasonably withheld, conditioned or delayed, unless such modification, amendment or termination would not result in any increase in the amount of any Taxes allocated to
Pluto under this Agreement. 
 Section 6.07. Maintenance of Certain Ownership. From and after the Distribution Time and until
December 1, 2020, Spinco shall not (and shall cause its Subsidiaries not to) cause or permit any “extraordinary reduction” (within the meaning of Treasury Regulations § 1.245A-5T(e)(2)) to
occur with respect to the ownership of such Specified CFC (as defined below) by any member of the Spinco Pre-Combination Group (including any successor thereto) that is a “controlling section 245A
shareholder” (within the meaning of Treasury Regulations § 1.245A-5T(i)(2)) of such Specified CFC. For purposes of this Section 6.07, (i) a “Specified CFC” means (A) Upjohn
Netherlands B.V., (B) any other member of the Spinco Pre-Combination Group that is a “controlled foreign corporation,” within the meaning of Section 957(a) of the Code, and that Spinco owns
indirectly, in whole or in part, through Upjohn Netherlands B.V., (C) Pfizer Parke Davis (Thailand) Ltd. and (D) Upjohn (Thailand) Limited and (ii) any reference to any term or provision of Treasury Regulations § 1.245A-5T includes a reference to the same or similar term or provision in any final, amended or successor regulations adopted by the IRS. 

Section 6.08. Maintenance of Certain Entities. From and after the Distribution Date and until the date that is two years following
the Distribution Date, (i) Spinco shall provide Pluto written notice at least thirty (30) days prior to effecting any proposed transfer, sale, liquidation, merger or other legal reorganization of any of PF Asia Manufacturing B.V., Pfizer
Asia Pacific Pte Ltd., Pfizer PFE Ireland Pharmaceuticals Holding 1 B.V., Pfizer Pharmaceuticals LLC and G.D. Searle LLC (together, the “PFAM Entities”), which written notice shall include a description in reasonable detail of the
proposed transaction(s) and the purposes thereof, (ii) Spinco shall cooperate in good faith with Pluto in considering any alternative transaction(s) proposed by Pluto in writing with respect to the PFAM Entities (including, without limitation,
a delay in implementing the proposed transaction(s)) for purposes of minimizing potential taxes that could be imposed pursuant to articles 49 and 50a of the German Income Tax Act (Einkommensteuergesetz), and (iii) if Pluto has proposed
an alternative transaction(s) with respect to the PFAM Entities but Pluto and Spinco have not agreed that Spinco will implement such alternative transaction(s) (with such changes as Pluto and Spinco may agree), then, if and only if (x) such
alternative transaction(s) proposed by Pluto would not put Spinco in a worse position than Spinco would be in if Spinco were to implement the transaction(s) as proposed by Spinco as determined by Spinco exercising its reasonable judgment in good
faith, and (y) Pluto agrees to indemnify Spinco for the incremental out-of-pocket costs and expenses reasonably incurred by Spinco as a result of such alternative
transaction(s), 

  
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Spinco shall implement such alternative transaction(s) with respect to the PFAM Entities as proposed by Pluto; provided, that Spinco shall not be required to take any action specified in
clauses (i)-(iii) of this Section 6.08 if Pluto receives written confirmation from the applicable German Tax Authority that such Tax Authority will not impose tax on Pluto or any of its Affiliates pursuant to articles 49 and 50a of the German
Income Tax Act (Einkommensteuergesetz) with respect to the PFAM Entities. 
 SECTION 7. ASSISTANCE AND
COOPERATION. 
 Section 7.01. Assistance and Cooperation. 

(a) The Companies shall cooperate (and cause their respective Affiliates to cooperate) in a timely manner with each other and with each
other’s agents and advisors, including accounting firms and legal counsel, in connection with Tax matters relating to the Companies and their Affiliates including (i) preparation and filing of Tax Returns, (ii) determining the
liability for and amount of any Taxes due (including estimated Taxes) or the right to and amount of any refund of Taxes, (iii) examinations of Tax Returns, (iv) any administrative or judicial proceeding in respect of Taxes assessed or
proposed to be assessed, (v) obtaining a Subsequent Ruling or any supplemental rulings with respect to the Ruling or any Subsequent Ruling and (vi) minimizing or mitigating any Separation Transfer Taxes or Combination Transfer Taxes. Such
cooperation shall include making all Pre-Distribution Tax Records in their possession relating to the other Company and its Affiliates available to such other Company in a timely manner as provided in
Section 8. Each of the Companies shall also make available in a timely manner to the other, as reasonably requested and available, personnel (including officers, directors, employees and agents of the Companies or their respective Affiliates)
responsible for preparing, maintaining, and interpreting information and documents relevant to Taxes, and personnel reasonably required as witnesses or for purposes of providing information or documents in connection with any administrative or
judicial proceedings relating to Taxes. In fulfilling its obligations under this Section 7.01(a) with respect to the preparation and filing of any Tax Return, each Party shall use its reasonable efforts to respond to requests made by the other
Party in a manner that permits such other Party to prepare and file such Tax Return consistent with the past practices of such other Party, including as to the time of filing of such Tax Return, as communicated to the first Party. 

(b) Without limiting the generality of Section 7.01(a), Pluto shall cooperate (and cause their respective Affiliates to cooperate) in a
timely manner with Spinco and with its agents and advisors, including accounting firms and legal counsel, in connection with (i) maintaining the Tax-Free Status of the Contribution, the Spinco Cash
Distribution, the Pluto Cash Distribution, the Distribution and the transactions described in Schedule A, (ii) maintaining any arrangement with respect to any Specified-Post Distribution Matter and (iii) complying with the terms of any Tax
Grant. Such cooperation shall include, without limitation (w) at Pluto’s cost and expense making available (in electronic versions) copies of all Tax Opinions/Rulings (in a complete and unredacted form) and other written advice relied upon
in making the determination that the transactions listed on Schedule A were free from Tax to the extent set forth therein, (x) allowing reasonable access to Pluto’s internal personnel and (y) beginning in the

  
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quarter in which the Combination occurs and ending with the quarter in which the second anniversary of the Combination occurs, Pluto and Pluto’s outside advisors’ (including any
accounting firms or legal counsel that advised Pluto in connection with the Separation Plan, the Specified Post-Distribution Matters or any Tax Grant), at Pluto’s cost and expense, participating in one telephonic meeting with Spinco per quarter
(each not to exceed three (3) hours in duration) in which Pluto, such advisors and Spinco shall discuss the matters described in the previous sentence on the basis of an agenda, discussion points and/or questions submitted by Spinco no later
than two (2) Business Days before such meeting and (z) at Spinco’s cost and expense, allowing reasonable access to outside advisors, including any accounting firms or legal counsel that advised Pluto in connection with the Separation
Plan or advised on establishing the arrangements with respect to any of the matters described in the previous sentence. For the avoidance of doubt, Pluto does not waive any rights it is otherwise entitled to under this Agreement by reason of
Pluto’s cooperation (or the cooperation of its Affiliates, agents and advisors) under this Section 7.01(b). Spinco acknowledges and agrees that it shall not be entitled to use any cooperation given by Pluto or its Affiliates, agents or
advisors pursuant to this Section 7.01(b) as a defense (and hereby waives any such defense) against any claim for indemnification made by Pluto pursuant to this Agreement (including any such defense based on relative fault, negligence,
mitigation or otherwise). 
 (c) In the event that a member of the Pluto Group, on the one hand, or a member of the Spinco Group, on the
other hand, suffers a Tax detriment as a result of a Transfer Pricing Adjustment, the Companies shall cooperate pursuant to this Section 7 to seek any competent authority relief that may be available with respect to such Transfer Pricing
Adjustment. 
 (d) Any information or documents provided under this Section 7 shall be kept confidential by the Company receiving the
information or documents, except as may otherwise be necessary in connection with the filing of Tax Returns or in connection with any administrative or judicial proceedings relating to Taxes. Notwithstanding any other provision of this Agreement or
any other agreement, (i) no Company shall be required to provide the other Company or any other Person access to or copies of any information or procedures (including the proceedings of any Tax Contest) other than information or procedures that
relate to Spinco, the business or assets of Spinco or any Spinco Affiliate and (ii) in no event shall a Company be required to provide the other Company or any other Person access to or copies of any information if such action could reasonably
be expected to result in the waiver of any Privilege. In addition, in the event that a Company determines that the provision of any information to the other Company could be commercially detrimental, violate any Law or agreement or waive any
Privilege, the Parties shall use reasonable best efforts to permit compliance with its obligations under this Section 7 in a manner that avoids any such harm or consequence. 

Section 7.02. Delayed Market Tax Costs. The Parties shall use their reasonable best efforts to cooperate (and cause their
respective Affiliates to cooperate) in a timely manner with each other and with each other’s agents and advisors, including accounting firms and legal counsel, to eliminate or minimize any Delayed Market Tax Costs, including with respect to the
structure or terms of any Delayed Market Transaction; provided, however, that nothing in this Section 7.02 shall require or permit any Party to take or fail to take any action that is inconsistent with the terms of the Separation and
Distribution Agreement. 

  
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 SECTION 8. TAX RECORDS. 

Section 8.01. Retention of Tax Records. Each Company shall preserve and keep all Tax Records exclusively relating to the assets and
activities of its Group for Pre-Distribution Periods, and Pluto shall preserve and keep all other Tax Records relating to Taxes of the Groups for Pre-Distribution
Periods (such Tax Records “Pre-Distribution Tax Records”), for so long as the contents thereof may become material in the administration of any matter under the Code or other applicable Tax
Law, but in any event until the later of (i) the expiration of any applicable statutes of limitations, or (ii) seven years after the Distribution Date (such later date, the “Retention Date”). After the Retention Date, each
Company may dispose of such Pre-Distribution Tax Records upon sixty (60) Business Days’ prior written notice to the other Company. If, prior to the Retention Date, (a) a Company reasonably
determines that any Pre-Distribution Tax Records which it would otherwise be required to preserve and keep under this Section 8 are no longer material in the administration of any matter under the Code or
other applicable Tax Law and the other Company agrees, then such first Company may dispose of such Pre-Distribution Tax Records upon sixty (60) Business Days’ prior notice to the other Company. Any
notice of an intent to dispose given pursuant to this Section 8.01 shall include a list of the Pre-Distribution Tax Records to be disposed of describing in reasonable detail each file, book, or other
record accumulation being disposed. The notified Company shall have the opportunity, at its cost and expense, to copy or remove, within such sixty (60) Business Day period, all or any part of such
Pre-Distribution Tax Records. If, at any time prior to the Retention Date, Spinco determines to decommission or otherwise discontinue any computer program or information technology system used to access or
store any Pre-Distribution Tax Records, then Spinco may decommission or discontinue such program or system upon ninety (90) days’ prior notice to Pluto and Pluto shall have the opportunity, at its
cost and expense, to copy, within such sixty (60) Business Day period, all or any part of the underlying data relating to the Pre-Distribution Tax Records accessed by or stored on such program or system.

 Section 8.02. Access to Pre-Distribution Tax Records. The Companies and
their respective Affiliates shall make available to each other for inspection and copying during normal business hours upon reasonable notice, all Pre-Distribution Tax Records (including, for the avoidance of
doubt, in each case, any pertinent underlying data accessed or stored on any computer program or information technology system) in their possession and shall permit the other Company and its Affiliates, authorized agents and representatives and any
representative of a Tax Authority or other Tax auditor direct access during normal business hours upon reasonable notice to any computer program or information technology system used to access or store such
Pre-Distribution Tax Records, in each case to the extent reasonably required by the other Company in connection with the preparation of Tax Returns or financial accounting statements, audits, litigation, or
the resolution of items under this Agreement. The Company seeking access to such Pre-Distribution Tax Records shall bear all reasonable third-party costs and expenses associated with such access, including any
professional fees. 

  
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 Section 8.03. Preservation of Privilege. No member of the Spinco Group shall
provide access to, copies of, or otherwise disclose to any Person any documentation relating to Taxes existing as of the date hereof to which Privilege may reasonably be asserted without the prior written consent of Pluto, such consent not to be
unreasonably withheld; provided that after the Combination, Spinco shall have the right to provide access, copies or disclosure of such documentation to its advisors so long as such documentation maintains its status as Privileged. 

SECTION 9. TAX CONTESTS. 

Section 9.01. Notice. A Party shall provide prompt notice to the Indemnifying Party of any Tax Contest or written communication
from a Tax Authority regarding any pending Tax audit, assessment or proceeding of which it becomes aware that could reasonably be expected to (i) obligate the other Party to make an Indemnity Payment or (ii) cause the other Party or any of
its subsidiaries to incur any Taxes for which it is not indemnified under this Agreement; provided that the failure by an Party to give notice under this Section 9.01 shall not relieve the other Party’s of its indemnification
obligations under this Agreement, except to the extent that the such other Party shall have been actually prejudiced by such failure. Such notice shall attach copies of the pertinent portion of any written communication from a Tax Authority and
contain factual information (to the extent known) describing any asserted Tax liability in reasonable detail and shall be accompanied by copies of any notice and other documents received from any Tax Authority in respect of any such matters. 

Section 9.02. Control of Tax Contests. 

(a) Pluto Control. Notwithstanding anything in this Agreement to the contrary, Pluto shall have the right to control any Tax Contest
with respect to (w) any Joint Return, (x) any member of the Pluto Group, (y) any Tax-Related Losses and (z) any member of the Spinco Pre-Combination
Group relating solely to a Pre-Distribution taxable period (a “Pluto Tax Contest”). Pluto shall have absolute discretion with respect to any decisions to be made, or the nature of any action
to be taken, with respect to any Pluto Tax Contest; provided, however, that to the extent any Pluto Tax Contest is reasonably likely to give rise to an indemnity obligation of Spinco under this Agreement, and, in addition to any
obligations to cooperate contained in Section 7: 
 (i) Pluto shall keep Spinco informed in a timely manner of all
material developments and events relating to such Pluto Tax Contest; 
 (ii) at its own cost and expense, Spinco shall have
the right to participate (but not to control) the defense of any such Pluto Tax Contest other than any such Pluto Tax Contest relating to a Joint Return; and 

  
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 (iii) Pluto shall not settle or compromise any such Pluto Tax Contest, other
than any such Pluto Tax Contest relating to a Joint Return, without Spinco prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. 

(b) Spinco Control. Subject to Section 9.02(a), Spinco shall have the right to control any Tax Contest with respect to Spinco or
any member of the Spinco Group relating to any Post-Distribution Period (a “Spinco Tax Contest”); provided, however, that to the extent that any such Spinco Tax Contest is reasonably likely to give rise to an indemnity
obligation of Pluto under this Agreement, and, in addition to any obligations to cooperate contained in Section 7, 

(i) Spinco shall keep Pluto informed in a timely manner of all material developments and events relating to such Spinco Tax
Contest; 
 (ii) at its own cost and expense, Pluto shall have the right to participate (but not to control) the defense of
any such Spinco Tax Contest; and 
 (iii) Spinco shall not settle or compromise any such Spinco Tax Contest, without
Pluto’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. 
 (c) Each Party shall bear
its own expenses in the course of any Tax Contest, other than expenses included in the definition of Tax-Related Losses. 

(d) Power of Attorney. Each member of the Spinco Group shall execute and deliver to Pluto (or such member of the Pluto Group as Pluto
shall designate) any power of attorney or other similar document reasonably requested by Pluto (or such designee) in connection with any Pluto Tax Contest described in this Section 9. Each member of the Pluto Group shall execute and deliver to
Spinco (or such member of the Spinco Group as Spinco shall designate) any power of attorney or other similar document requested by Spinco (or such designee) in connection with any Spinco Tax Contest described in this Section 9. 

SECTION 10. EFFECTIVE DATE. 

Except as expressly set forth herein, this Agreement shall be effective as of the Distribution Time. 

SECTION 11. SURVIVAL OF OBLIGATIONS. 

Except as expressly set forth in this Agreement, the covenants contained in this Agreement, indemnification obligations and liability for the
breach of any obligations contained herein, shall survive the Distribution Time and shall remain in full force and effect in accordance with their terms. 

  
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 SECTION 12. DISAGREEMENTS. 

Section 12.01. General. In the event of any dispute relating to this Agreement, including but not limited to whether a Tax
liability is a liability of the Pluto Group or the Spinco Group (a “Dispute”), the Tax departments of each Group shall work together in good faith to resolve such Dispute within thirty (30) days. 

Section 12.02. Escalation. If the Tax departments of each Group are unable to resolve a Dispute within the time period specified
in Section 12.01, then the Dispute (other than a Technical Dispute) upon written request of either Company, will be escalated for resolution according to Section 7.02 of the Separation and Distribution Agreement. 

Section 12.03. Referral to Tax Advisor for Technical Disputes. 

(a) Selection of Tax Advisor. If the Parties are not able to resolve a Technical Dispute within the time period specified in
Section 12.01, then the Technical Dispute will be referred to a Tax Advisor acceptable to each of the Companies to act as an expert in order to resolve the Technical Dispute. In the event that the Companies are unable to agree upon a Tax
Advisor promptly under the circumstances, the Companies shall promptly under the circumstances each separately retain an independent, nationally recognized law or accounting firm (each, a “Preliminary Tax Advisor”), which
Preliminary Tax Advisors shall promptly under the circumstances jointly select a Tax Advisor free of conflicts on behalf of the Companies to resolve the Technical Dispute. 

(b) Procedure of Tax Advisor. 

(i) Promptly, but in no event later than fifteen (15) Business Days, after joint engagement of the Tax Advisor, Pluto and
Spinco shall provide the Tax Advisor with a copy of this Agreement and an agreed statement (the “Agreed Statement”) describing the Technical Dispute. Each of Pluto and Spinco shall simultaneously deliver to the Tax Advisor and to
the other Company a written submission of its final position with respect to the Technical Dispute within fifteen (15) Business Days of the delivery to the Tax Advisor of the Agreed Statement. Each of Pluto and Spinco shall thereafter be
entitled to submit a rebuttal to the other’s submission, which rebuttals shall be delivered simultaneously to the Tax Advisor and to the other Company within fifteen (15) Business Days of the delivery of the Companies’ initial
submissions to the Tax Advisor and to each other. Neither Company may make (nor permit any of its Affiliates or representatives to make) any additional submission to the Tax Advisor or otherwise communicate with the Tax Advisor without providing the
other Company a reasonable opportunity to participate in such communication. 

  
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 (ii) The Tax Advisor shall have forty-five (45) days following
submission of the Companies’ rebuttals to review the documents provided to it pursuant to this Section 12.03 and to deliver its reasoned written determination resolving the Technical Dispute, including (to the extent relevant) a reasonably
detailed explanation and/or computation supporting such determination. The Tax Advisor shall resolve the Technical Dispute submitted to it based solely on the factual information provided to the Tax Advisor by the Companies pursuant to the terms of
this Agreement and not by independent investigation or review of questions of fact, although the Tax Advisor shall be entitled to engage in independent review and analysis of questions of Tax Law and exercise judgment with respect thereto. 

(iii) The determination of the Tax Advisor in respect of a Technical Dispute shall, absent manifest error, be final, conclusive
and binding on the Companies and not subject to appeal by either of the Companies, and judgment thereof may be entered or enforced in any court of competent jurisdiction. In resolving Technical Disputes, the Tax Advisor shall act as an expert and
not as an arbitrator. 
 (iv) Following receipt of the Tax Advisor’s written notice to the Companies of its resolution
of the Technical Dispute, the Companies shall each take or cause to be taken any action necessary to implement such resolution of the Tax Advisor. 

(v) Each Company shall pay its own fees and expenses (including the fees and expenses of its representatives) incurred in
connection with the referral of the Technical Dispute to the Tax Advisor (and the Preliminary Tax Advisors, if any). All fees and expenses of the Tax Advisor in connection with such referral shall be shared equally by the Companies. 

(vi) For the avoidance of doubt, (A) any Dispute that is not a Technical Dispute shall not be subject to
Section 12.03 and (B) the Tax Advisor’s authority shall be limited to resolving Technical Disputes and the Tax Advisor shall not have the authority to resolve any Dispute as to the interpretation of this Agreement, the Separation and
Distribution Agreement or the Business Combination Agreement, including any Dispute as to the interpretation of this Section 12.03. 

Section 12.04. Certain Interactions. Nothing in this Section 12 shall limit the rights of a Company under Section 15.15.

 SECTION 13. LATE PAYMENTS. 

Subject to the double-recovery provision under Section 15.10, any amounts owed by one Party to another Party under this Agreement which
are not paid within thirty (30) days of the due date therefor pursuant to this Agreement shall bear interest at a rate per annum equal to the Prime Rate, from the due date of the payment under the terms of this Agreement to the date paid. 

  
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 SECTION 14. EXPENSES. 

Except as otherwise provided in this Agreement, each Party and its Affiliates shall bear their own expenses incurred in connection with
preparation of Tax Returns, Tax Contests, and other matters related to Taxes under the provisions of this Agreement. 
 SECTION 15.
MISCELLANEOUS. 
 Section 15.01. Addresses and Notices. All notices and other communications among the Parties
shall be in writing and shall be deemed to have been duly given (a) when delivered in person, (b) when delivered after posting in the national mail having been sent registered or certified mail return receipt requested, postage prepaid,
(c) when delivered by FedEx or other internationally recognized overnight delivery service, or (d) when delivered by facsimile (solely if receipt is confirmed) or email (so long as the sender of such email does not receive an automatic
reply from the recipient’s email server indicating that the recipient did not receive such email), addressed as follows: 
 If to
Pluto: 
 Pfizer Inc. 

235 East 42nd Street 

New York, New York 10017 

	 	Attention:	 Douglas M. Lankler 

	 	 	 Bryan A. Supran 

	 	Facsimile:	 (212) 573-0768 

	 	Email:	 douglas.lankler@pfizer.com 

	 	 	 bryan.supran@pfizer.com 

with a copy (which shall not constitute notice) to: 

Davis Polk & Wardwell LLP 

450 Lexington Ave 

New York, NY 10017 

Attention: Neil Barr 

	 	 	 Michael Mollerus 

Facsimile No.: (212) 701-5125 

	 	 	 (212) 701-5471 

	 	Email:	 neil.barr@davispolk.com 

	 	 	 michael.mollerus@davispolk.com 

If to Spinco: 

Viatris Inc. 

1000 Mylan Boulevard 

Canonsburg, PA 15317 

	 	Attention:	 Michael Goettler 

	 	Email:	 michael.goettler@viatris.com 

  
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 with a copy (which shall not constitute notice) to: 

Cravath, Swaine & Moore LLP 

Worldwide Plaza 
 825 Eighth
Avenue 
 New York, NY 10019 

Attention: Stephen Gordon 

	 	 	 J. Leonard Teti II 

	 	  Facsimile No.: (212)	 474-3700 

	 	  Email:	 gordon@cravath.com 

	 	 	 lteti@cravath.com 

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

Section 15.02. Amendments and Waivers. No provisions of this Agreement shall be deemed waived, amended, supplemented or modified
by any Party, unless such waiver, amendment, supplement or modification is in writing and signed by the authorized representative of the Party against whom it is sought to enforce such waiver, amendment, supplement or modification. 

Section 15.03. Assignment; Parties in Interest. No Party may assign its rights or delegate its duties under this Agreement
without the written consent of the other Parties. Any attempted assignment or delegation in breach of this Section 15.03 shall be null and void. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective
permitted successors and assigns. Nothing expressed or implied in this Agreement is intended or shall be construed to confer upon or give any Person, other than the Parties, any rights or remedies under or by reason of this Agreement. 

Section 15.04. Severability. If any provision of this Agreement, or the application of any provision to any Person or
circumstance, is held invalid or unenforceable by any court of competent jurisdiction, the other provisions of this Agreement shall remain in full force and effect. The Parties further agree that if any provision contained herein is, to any extent,
held invalid or unenforceable in any respect under the Laws governing this Agreement, they shall take any actions necessary to render the remaining provisions of this Agreement valid and enforceable to the fullest extent permitted by Law and, to the
extent necessary, shall amend or otherwise modify this Agreement to replace any provision contained herein that is held invalid or unenforceable with a valid and enforceable provision giving effect to the intent of the Parties. 

Section 15.05. Authority. Each of the Parties represents to the other that (a) it has the corporate or other requisite power
and authority to execute, deliver and perform this Agreement, (b) the execution, delivery and performance of this Agreement have been duly authorized by all necessary corporate or other action, (c) it has duly and validly executed and
delivered this Agreement, and (d) this Agreement is a legal, valid and binding obligation, enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other similar Laws
affecting creditors’ rights generally and general equity principles. 

  
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 Section 15.06. Further Action. The Parties shall execute and deliver all
documents, provide all information, and take or refrain from taking action as may be necessary or appropriate to achieve the purposes of this Agreement, including the execution and delivery to the other Parties and their Affiliates and
representatives of such powers of attorney or other authorizing documentation as is reasonably necessary or appropriate in connection with Tax Contests (or portions thereof) under the control of such other Party or its Affiliates in accordance with
Section 9. 
 Section 15.07. Entire Agreement. This Agreement, together with each of the exhibits and schedules appended
hereto, as well as any other agreements and documents referred to herein and therein, shall (i) together constitute the entire agreement between the Parties relating to the transactions contemplated hereby and (ii) supersede any other
agreements, whether written or oral, that may have been made or entered into by or among any of the Parties or any of their respective Affiliates relating to the transactions contemplated hereby in respect of any Tax between or among any member or
members of the Pluto Group, on the one hand, and any member or members of the Spinco Group, on the other hand. All such other agreements referred to in clause (ii) of the preceding sentence shall be of no further effect between the Companies
and any rights or obligations existing thereunder shall be fully and finally settled, calculated as of the date hereof. 

Section 15.08. TMA Controls. In the event of any inconsistency between this Agreement and the Separation and Distribution
Agreement, the Business Combination Agreement or any of the Ancillary Agreements, or any other agreements relating to the transactions contemplated by the Separation and Distribution Agreement, with respect to the subject matter hereof, the
provisions of this Agreement shall control. 
 Section 15.09. Construction. The language in all parts of this Agreement shall in
all cases be construed according to its fair meaning and shall not be strictly construed for or against any Party. The captions, titles and headings included in this Agreement are for convenience only, and do not affect this Agreement’s
construction or interpretation. Unless otherwise indicated, all “Section” references in this Agreement are to sections of this Agreement. 

Section 15.10. No Double Recovery. No provision of this Agreement shall be construed to provide an indemnity or other recovery for
any costs, damages, or other amounts for which the damaged Party has been fully compensated under any other provision of this Agreement or under any other agreement or action at Law or equity. Unless expressly required in this Agreement, a Party
shall not be required to exhaust all remedies available under other agreements or at Law or equity before recovering under the remedies provided in this Agreement. 

  
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 Section 15.11. Counterparts. This Agreement may be executed in two
(2) or more counterparts (including by electronic or .pdf transmission), each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Delivery of any signature page by facsimile, electronic
or .pdf transmission shall be binding to the same extent as an original signature page. 
 Section 15.12. Governing Law;
Jurisdiction. 
 (a) This Agreement, and all legal actions, suits or proceeding (whether in contract or tort) that may be based upon,
arise out of or relate to this Agreement or the negotiation, execution or performance hereof shall be governed by and construed in accordance with the Law of the State of Delaware, without regard to any Laws or principles thereof that would result
in the application of the Laws of any other jurisdiction. The Parties expressly waive any right they may have, now or in the future, to demand or seek the application of a governing Law other than the Law of the State of Delaware. 

(b) Subject to the provisions of Section 12 and Article VII of the Separation and Distribution Agreement, each of the Parties hereby
irrevocably and unconditionally submits to the exclusive jurisdiction of the Court of Chancery of the State of Delaware or, if such court shall not have jurisdiction, the United States District Court for the District of Delaware, and any appellate
court from any appeal thereof, in any legal action, suit or proceeding arising out of or relating to this Agreement or the Transaction Documents or the transactions contemplated hereby or thereby, and each Party hereby irrevocably and
unconditionally (i) agrees not to commence any such legal action, suit or proceeding except in such courts, (ii) agrees that any claim in respect of any such legal action, suit or proceeding may be heard and determined in the Court of
Chancery of the State of Delaware or, to the extent permitted by Law, in such other courts, (iii) waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any
such legal action, suit or proceeding in the Court of Chancery of the State of Delaware or such other courts and (iv) waives, to the fullest extent permitted by Law, the defense of an inconvenient forum to the maintenance of such legal action,
suit or proceeding in the Court of Chancery of the State of Delaware or such other courts and (v) consents to service of process in the manner provided for notices in Section 15.01. Nothing in this Agreement will affect the right of any
Party to serve process in any other manner permitted by Law. Nothing in this Agreement will affect the right of any Party to serve process in any other manner permitted by Law. 

(c) EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT
ISSUES, AND THEREFORE IT HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY ACTION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT, ANY OF THE ANCILLARY AGREEMENTS OR THE
TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (INCLUDING THE FINANCING). EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (I) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY

  
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WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE SUCH WAIVERS, (II) IT UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF SUCH WAIVERS, (III) IT MAKES SUCH WAIVERS VOLUNTARILY AND
(IV) IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS Section 15.12. 

Section 15.13. Spinco Subsidiaries. If, at any time, Spinco acquires or creates one or more subsidiaries, including pursuant to the
Combination, they shall be subject to this Agreement and all references to the Spinco Group herein shall thereafter include a reference to such subsidiaries. 

Section 15.14. Successors. This Agreement shall be binding on and inure to the benefit of any successor by merger, acquisition of
assets, or otherwise, to any of the Parties hereto (including but not limited to any successor of Pluto or Spinco succeeding to the Tax Attributes of either under Section 381 of the Code), to the same extent as if such successor had been an
original Party to this Agreement. 
 Section 15.15. Specific Performance. In the event of any actual or threatened default in, or
breach of, any of the terms, conditions and provisions of this Agreement, the Party who is, or is to be, thereby aggrieved shall have the right to specific performance and injunctive or other equitable relief in respect of its rights under this
Agreement without the necessity of proving actual damages or the inadequacy of monetary damages as a remedy, in addition to any other remedy to which such Party is entitled hereunder. The Parties agree that the remedies at law for any breach or
threatened breach, including monetary damages, are inadequate compensation for any loss hereunder or default herein or breach hereof and that any defense in any Action for specific performance that a remedy at law would be adequate is waived. Any
requirements for the securing or posting of any bond with such remedy are waived by each of the Parties. 
 * * * * * 

  
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 IN WITNESS WHEREOF, each Party has caused this Agreement to be executed on its behalf by a
duly authorized officer on the date first set forth above. 
  

			
	PFIZER INC.
		
	By:	 	/s/ Douglas E. Giordano
		 	Name: Douglas E. Giordano
		 	Title: Senior Vice President, Worldwide Business Development
	
	UPJOHN INC.
		
	By:	 	/s/ Sanjeev Narula
		 	Name: Sanjeev Narula
		 	Title: Authorized Officer

  
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