Document:

Form of Patent and Know-How License Agreement (Pfizer as licensor)

 Exhibit 10.9 
 FORM OF PATENT AND KNOW-HOW LICENSE AGREEMENT 
 (PFIZER AS LICENSOR)

 This PATENT AND KNOW-HOW LICENSE AGREEMENT (the “Agreement”) is made effective as of
[—] (the “Effective Date”), by and between Pfizer Inc., a Delaware corporation having its principal place of business at 235 E. 42nd Street, New York, New York 10017 (“Pfizer”) and
Zoetis Inc., a Delaware corporation having its principal place of business at 235 E. 42nd Street, New York, New York 10017 (the “Company”). Pfizer and the Company are sometimes referred to herein individually as a “Party” and collectively as the
“Parties.” 
 RECITALS: 
 WHEREAS, Pfizer and its applicable Affiliates have rights to the Licensed IP and are licensees of the Third Party IP; and 
 WHEREAS, as part of the Plan of Reorganization, Pfizer and its applicable Affiliates granted to the Company and its applicable Affiliates a license to Licensed IP and a sublicense to Third Party
IP; and 
 WHEREAS, the Parties now seek to confirm the terms of those license grants, and grant any additional license
grants, as specified in this Agreement. 
 NOW, THEREFORE, in consideration of the mutual agreements, provisions and
covenants contained in this Agreement, the Parties, intending to be legally bound, hereby agree as follows: 
 1.
DEFINITIONS 
  

	1.1	Definitions. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Global Separation Agreement.
For the purpose of this Agreement, the following terms shall have the following meanings: 

 “AAA”
has the meaning set forth in Section 17.4.1(b). 
 “Abandoned/Assigned Patent Know-How” means, for each
Abandoned/Assigned Patent Scheduled Product or Abandoned/Assigned Patent Other Product, any Compound Know-How to the extent used or held for use for such Abandoned/Assigned Patent Scheduled Product or Abandoned/Assigned Patent Other Product (as
applicable) as of the applicable LE Date. 
 “Abandoned/Assigned Patent Other Product” means, for each
Abandoned/Assigned Patent Right, any pharmaceutical product that contains any specific compounds expressly disclosed as embodying the invention to which such Abandoned/Assigned Patent Right relates (whether such compounds are the sole active
ingredients or in combination with other therapeutically active ingredients in such pharmaceutical product). 

“Abandoned/Assigned Patent Rights” means the Patent Rights set forth on Schedule 1.1(a). 

 “Abandoned/Assigned Patent Scheduled Product” means, for each
Abandoned/Assigned Patent Right, a pharmaceutical product that contains any corresponding compounds set forth on Schedule 1.1(a) (whether such compounds are the sole active ingredients or in combination with other therapeutically active ingredients
in such pharmaceutical product). 
 “Analog” means, with respect to a compound, an analog, derivative, or
modification thereof. 
 “Animal Health Commercial Products Know-How” means, for each Animal Health Commercial
Product, any Product Know-How (excluding any Know-How that relates to any Shared Commercial Products or is used or held for use to manufacture products under the Master Manufacturing and Supply Agreement) owned and Controlled by the applicable
Pfizer Licensor as of the applicable LE Date to the extent used or held for use for such Animal Health Commercial Product. 

“Animal Health Other R&D Products Know-How” means, for each Animal Health Other R&D Product, any Product Know-How
owned and Controlled by the applicable Pfizer Licensor as of the applicable LE Date to the extent used or held for use for such Animal Health Other R&D Product. 
 “Animal Health R&D Molecules Know-How” means, for each Animal Health R&D Molecules Product, any Compound Know-How (excluding any Know-How used or held for use to manufacture
products under the Master Manufacturing and Supply Agreement) owned and Controlled by the applicable Pfizer Licensor as of the applicable LE Date to the extent used or held for use for such Animal Health R&D Molecules Product. 

“Animal Health R&D Molecules Product” means, for each Animal Health R&D Molecule (which, for clarity, excludes
any Licensed Products), a pharmaceutical product that contains such Animal Health R&D Molecule (whether such Animal Health R&D Molecule is the sole active ingredient or in combination with other therapeutically active ingredients in such
pharmaceutical product). 
 “Applicable Laws” means all applicable laws, statutes, rules, regulations, and
guidelines, including all applicable standards or guidelines promulgated by any applicable Governmental Authority (including cGCP, cGMP, and cGLP). 
 “Assigned Patent Rights” has the meaning set forth in Section 13.1.6(b). 
 “Bankruptcy Code” has the meaning set forth in Section 16.2.2. 
 “Biopharma Know-How” means, for each Biopharma Product, any Compound Know-How (a) to the extent used or held for use for such Biopharma Product as of the applicable LE Date or
(b) that is New Biopharma Know-How that relates to such Biopharma Product, excluding in each of the foregoing (a) and (b), the Biopharma Patent Rights. 
 “Biopharma Patent Rights” means, for each Biopharma Product, to the extent owned and Controlled by the applicable Pfizer Licensor as of such Pfizer Licensor’s LE Date, all
(a) corresponding Patent Rights set forth on Schedule 1.1(b) (if any); (b) Patent Rights that 

  
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Cover any Biopharma Know-How that relates to such Biopharma Product to the extent such Know-How exists as of the applicable LE Date and such Patent Rights are filed by such Pfizer Licensor or any
of its Affiliates; (c) the New Biopharma Patent Rights that Cover such Biopharma Product; (d) divisionals, continuations, and continuations-in-part that claim priority to any Patent Rights described in subsection (a), (b) and
(c) to the extent the claims thereof are entirely supported by such Patent Rights; (e) Patent Rights that issue from the patent applications described in subsections (a), (b), (c) and (d); (f) reissues, renewals, extensions, or
additions of the Patent Rights described in subsections (a), (b), (c), (d) and (e); and (g) foreign equivalents of the Patent Rights described in subsections (a), (b), (c), (d), (e) and (f). 

“Biopharma Products” means the biopharmaceutical products set forth on Schedule 1.1(b). 

“Calendar Year” means each successive period of twelve (12) months commencing on January 1 and ending on
December 31. 
 “cGCP” means the then current good clinical practice standards promulgated or endorsed by
each applicable Regulatory Authority, including the guidelines promulgated by the applicable Governmental Authorities. 

“cGLP” means the then current good laboratory practice standards promulgated or endorsed by each applicable Regulatory
Authority, including the guidelines promulgated by the applicable Governmental Authorities. 
 “cGMP” means the
then current good manufacturing practice standards promulgated or endorsed by each applicable Regulatory Authority, including the guidelines promulgated by the applicable Governmental Authorities. 

“CMC Information” means the chemistry, manufacturing, and control information required for the submission of an INAD,
Regulatory Approval Application, or IND. 
 “Company Business” means the business of discovery, research,
development, manufacturing, formulation, licensing, marketing, distribution of, and leasing and/or selling of products, including pharmaceuticals (including pesticides), nutritionals, crop pesticides and biologicals (including vaccines, biologics,
antibodies, hormones, large molecule therapeutics, proteins and peptides), diagnostic products, biodevices, genetic tests and services solely to the extent applicable to non-human animals for the Company Field, in each case, as conducted as of the
Effective Date, but excluding all of the other products, services or businesses of Pfizer or any of its Affiliates, including Pfizer’s human pharmaceutical, consumer health and nutrition businesses. 

“Company Field” means the diagnosis, prevention, palliation, or treatment of any disease, disorder, syndrome, or
condition (including pest infestation) in non-human animals solely for non-human animals (and not, for clarity, humans) and the use of pesticides on crops. For clarity, the Company Field (a) excludes uses in non-human animals for the research,
development, manufacture, or commercialization of any products to diagnose, prevent, palliate, or treat any disease, disorder, syndrome or condition in humans and (b) includes 

  
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the treatment of non-human animals that may indirectly impact the health of humans, including uses for food safety and/or environmental vector-borne disease control where such disease control may
impact both non-human animals and humans. 
 “Company Licensee” means, with respect to: 

 

	 	(a)	each Shared Commercial Product Patent Rights (excluding the New Shared Commercial Product Patent Rights) and Biopharma Patent Rights (excluding the New Biopharma Patent
Rights), that member of the Company Group identified as the Company Licensee thereof on Schedule 1.1(c) and 1.1(b), respectively, 

  

	 	(b)	any New Shared Commercial Product IP and the New Biopharma IP owned in accordance with Section 12.1.2(b), and licensed hereunder, by a Pfizer Licensor, that member
of the Company Group that is identified as the Company Licensee that corresponds to such Pfizer Licensor on Schedule 1.1(d), 

  

	 	(c)	any Licensed Know-How (excluding the New Shared Commercial Product IP and the New Biopharma IP) owned by a Pfizer Licensor, that member of the Company Group identified
as the Company Licensee that corresponds to such Pfizer Licensor on Schedule 1.1(d), 

  

	 	(d)	any Third Party IP, that member of the Company Group identified as the Company Licensee thereof on Schedule 1.1(e), and 

 

	 	(e)	any New Shared Commercial Product IP and the New Biopharma IP owned by a Company Licensee pursuant to Section 12.1.2(a), such Company Licensee.

 “Company Material Indebtedness” means any Indebtedness of the Company or of any Person whose
indebtedness the Company has guaranteed or for which the Company is otherwise obligated that is equal to or in excess of One Hundred Million U.S. Dollars ($100,000,000). 
 “Company Submissions” has the meaning set forth in Section 6.1. 
 “Company Termination Event” has the meaning set forth in Section 16.3.2. 
 “Compound Class” means a chemical class or group comprised of structurally related compounds which are homologs, isomers, analogs, or derivatives of one another, as reasonably determined
by the applicable Pfizer Licensor. 
 “Confidential Information” has the meaning set forth in Section 7.1.

 “Control” and “Controlled” means with respect to any Patent Rights or Know-How, possession
by a Party or its Affiliates of the right, whether directly or indirectly, to grant the right to use, or to grant a license or a sublicense under, such Patent Rights or Know-How as provided for herein, without violating the terms of any agreement
with a Third Party. For clarity, if a Party or its Affiliates can only grant a license or sublicense or provide access or rights of limited scope, for a specific purpose or under certain conditions (including as a result of any Encumbrances),
“Control” or “Controlled” shall be construed to so limit such license, sublicense or provision (as applicable). 

  
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 “Controlling Party” has the meaning set forth in Section 13.2.4.

 “Cover” or “Covered” means, with respect to a Patent Right subject to this Agreement, in the
absence of a license to a claim thereof, the research, development, manufacture, use, sale, offer for sale, or importation of the applicable invention, discovery, process, or product would infringe such claim (or, in the case of a claim that has not
yet issued, would infringe such claim if it were to issue). 
 “Defense Action” has the meaning set forth in
Section 13.3.1. 
 “Disclosing Party” has the meaning set forth in Section 7.1. 

“Dispute” has the meaning set forth in Section 17.4.1. 

“Dossier Controlling Party” has the meaning set forth in Section 6.3.2. 

“EMA” means the European Medicines Agency or any successor agency thereto. 

“Encumbrance” means any Third Party restrictions (to the extent such restrictions exist as of the Effective Date) on a
Pfizer Licensor’s or its Affiliates’ ability to grant a license or other rights to the applicable Company Licensee pursuant to this Agreement, including (a) the terms of any licenses granted by or to such Pfizer Licensor or any of its
Affiliates, (b) the terms of any other agreements that relate to the Licensed IP and/or rights granted to the applicable Company Licensee hereunder, and (c) ownership by, or other rights of, a Third Party. The Encumbrances include all
agreements listed on Schedule 1.1(g). 
 “FCPA” has the meaning set forth in Section 8.4.1. 

“FDA” means the United States Food and Drug Administration or any successor agency thereto. 

“Filing Party” has the meaning set forth in Section 6.3.1. 

“FTE” means the equivalent of a full-time individual’s work time for a twelve (12) month period (consisting of
eighteen hundred (1800) hours during such twelve (12) month period (excluding vacations and holidays)). For clarity, in the event that an individual works partially on an activity during a twelve (12) month period, the related FTE
shall be determined on a pro rata basis according to the total number of hours such individual spent on such activity during such period. 
 “FTE Cost” means, for any period, the FTE Rate multiplied by the applicable number of FTEs in such period. 
 “FTE Rate” means the price of one (1) FTE to conduct the Prosecution Activities in connection with the Shared Commercial Product Patent Rights and Biopharma Patent Rights per twelve
(12) month period (consisting of eighteen hundred (1800) hours during such twelve (12) month period (excluding vacations and holidays)), which price shall be Two Hundred Fifty Thousand US Dollars (US$250,000.00). 

  
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 “General Know-How” means, to the extent owned and Controlled by the
applicable Pfizer Licensor as of such Pfizer Licensor’s LE Date, any Know-How (excluding Compound Know-How and Scheduled Other Know-How) of a general nature, such as general knowledge, ideas, concepts, know-how, or techniques that, as of such
LE Date, (a) is in the possession of the applicable Company Licensee and (b) is used or held for use by such Company Licensee in the Company Business as such business is conducted as of such LE Date. For clarity, General Know-How includes
Know-How retained in the unaided memories of the Company Licensees’ employees. 
 “Global Separation
Agreement” means that certain the Global Separation Agreement by and between Pfizer and the Company, dated on or about the date hereof. 
 “Government” has the meaning set forth in Section 8.4.2. 

“Government Official” has the meaning set forth in Section 8.4.2. 

“Governmental Authority” means any nation or government, any state, municipality, or other political subdivision thereof,
and any entity, body, agency, commission, department, board, bureau, court, tribunal, or other instrumentality, whether federal, state, local, regional, domestic, foreign, or multinational, exercising executive, legislative, judicial, regulatory,
administrative, or other similar functions of, or pertaining to, government and any executive official thereof. 
 “Green
Book Filings” means any submission to the FDA’s Green Book as required under the Generic Animal Drug and Patent Term Restoration Act and any foreign equivalents thereof. 

“INAD” means (a) an Investigational New Animal Drug Application (as defined by Applicable Law) submitted to the FDA
for authorization for clinical investigation of a pharmaceutical product in the Company Field or (b) any foreign equivalent thereof that is submitted to applicable Regulatory Authorities in other countries or regulatory jurisdictions in the
Territory. 
 “IND” means (a) an Investigational New Drug Application (as defined by Applicable Law)
submitted to the FDA for authorization for clinical investigation of a pharmaceutical product in the Pfizer Field or (b) any foreign equivalent thereof that is submitted to applicable Regulatory Authorities in other countries and regulatory
jurisdictions in the Territory. 
 “Indebtedness” of any Person means (a) all obligations of such Person
for borrowed money, (b) all obligations of such Person evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of such Person upon which interest charges are customarily paid, (d) all obligations of such
Person under conditional sale or other title retention agreements relating to property or assets purchased by such Person, (e) all obligations of such Person issued or assumed as the deferred purchase price of property or services, (f) all
indebtedness of others secured by (or for which the holder of such indebtedness has an existing right, contingent or otherwise, to be secured by) any mortgage, lien, pledge, or other encumbrance on property owned or acquired by such

  
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Person, whether or not the obligations secured thereby have been assumed, (g) all guarantees by such Person of indebtedness of others, (h) all capital lease obligations of such Person
and (i) all securities or other similar instruments convertible or exchangeable into any of the foregoing, but excluding daily cash overdrafts associated with routine cash operations. 

“Indemnifying Party” has the meaning set forth in Section 9.2.1. 

“Indemnitees” has the meaning set forth in Section 9.1. 

“Indemnity Payment” has the meaning set forth in Section 9.2.1. 

“Infringement Notice” has the meaning set forth in Section 13.2.1. 

“Know-How” means all information and know-how, including clinical, technical, scientific, and medical information,
practices, techniques, methods, processes, inventions, developments, specifications, formulations, structures, trade secrets, analytical and quality control information and procedures, pharmacological, toxicological, and clinical test data and
results, stability data, studies and procedures, and regulatory information. 
 “Knowledge” has the meaning set
forth in Schedule 1.1(h). 
 “LE Date” means, with respect to each Pfizer Licensor and Company Licensee,
respectively, those dates set forth on Schedule 1.1(d). 
 “Licensed IP” means all Shared Commercial Product
Patent Rights, Biopharma Patent Rights, New Biopharma Patent Rights (to the extent owned and Controlled by a Pfizer Licensor), New Shared Commercial Product Patent Rights (to the extent owned and Controlled by a Pfizer Licensor), Licensed Know-How
and Third Party IP. 
 “Licensed Know-How” means all (a) Shared Commercial Product Know-How,
(b) Biopharma Know-How, (c) Abandoned/Assigned Patent Know-How, (d) Scheduled Other Know-How, (e) General Know-How, (f) New Biopharma Know-How (to the extent owned and Controlled by a Pfizer Licensor), (g) New Shared
Commercial Product Know-How (to the extent owned and Controlled by a Pfizer Licensor), (h) Animal Health Commercial Products Know-How, (i) Animal Health Other R&D Products Know-How, (j) Animal Health R&D Molecules Know-How and
(k) Know-How that is included in the Third Party IP. 
 “Licensed Product” means all
(a) Abandoned/Assigned Patent Other Products; (b) Abandoned/Assigned Patent Scheduled Products; (c) Biopharma Products, (d) Shared Commercial Products, and (e) products that are Covered by, or incorporate, any Third Party IP
that is licensed to a Company Licensee hereunder. 
 “Master Manufacturing and Supply Agreement” means that
certain Master Manufacturing and Supply Agreement entered into by the Parties as of October 1, 2012 (as amended from time to time). 

  
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 “New Biopharma IP” means the New Biopharma Know-How and the New Biopharma
Patent Rights. 
 “New Biopharma Know-How” means any Know-How invented or otherwise generated by or on behalf of
a Company Licensee, its Affiliates, or its Sublicensees in connection with exercising the license granted to such Company Licensee pursuant to Section 2.1.2 (excluding the New Biopharma Patent Rights). 

“New Biopharma Patent Rights” means any Patent Rights that Cover any (a) Biopharma Know-How (excluding the Biopharma
Patent Rights that have been filed as of the Effective Date) to the extent such Patent Right is filed by a Company Licensee or any of its Affiliates or (b) any Know-How invented or otherwise generated by or on behalf of a Company Licensee, its
Affiliates or its Sublicensees in connection with exercising the license granted to such Company Licensee pursuant to Section 2.1.2. 
 “New Shared Commercial Product IP” means the New Shared Commercial Product Know-How and the New Shared Commercial Product Patent Rights. 

“New Shared Commercial Product Know-How” means any Know-How invented or otherwise generated by or on behalf of a Company
Licensee, its Affiliates, or its Sublicensees in connection with exercising the license granted to such Company Licensee pursuant to Section 2.1.1 (excluding the New Shared Commercial Product Patent Rights). 

“New Shared Commercial Product Patent Rights” means any Patent Rights that Cover any (a) Shared Commercial Product
Know-How (excluding the Shared Commercial Product Patent Rights that have been filed as of the Effective Date) to the extent such Patent Right is filed by a Company Licensee or any of its Affiliates or (b) any Know-How invented or otherwise
generated by or on behalf of a Company Licensee, its Affiliates or its Sublicensees in connection with exercising the license granted to such Company Licensee pursuant to Section 2.1.1. 

“New York Courts” has the meaning set forth in Section 17.4.2(c). 

“Non-Controlling Party” has the meaning set forth in Section 13.2.4. 

“Non-Exclusive Licensed Patent Rights” means those Patent Rights for which the Company’s license is non-exclusive
pursuant to Sections 13.1.3 and 13.1.6(c). 
 “Notifying Party” has the meaning set forth in
Section 13.3.1. 
 “Orange Book Filings” means (a) in the United States, any submissions to the
FDA’s publication, entitled Approved Drug Products with Therapeutic Equivalence Evaluations, as may be amended from time to time and any successor publication thereof and (b) outside the United States, any foreign equivalents
thereof. 
 “Paragraph IV Certification” means any certification filed pursuant to 21 U.S.C. §
355(b)(2)(A)(iv), 21 U.S.C. § 355(j)(2)(A)(vii)(IV), or any comparable Applicable Law (or any amendment or successor statute thereto) in any country or regulatory jurisdiction in the Territory. 

  
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 “Patent Rights” means all national, regional, and international patents,
patent applications, invention disclosures, and all related continuations, continuations-in-part, divisionals, provisionals, renewals, reissues, re-examinations, additions, extensions (including all supplementary protection certificates), and all
foreign equivalents thereof. 
 “Pfizer Field” means all fields other than the Company Field, including the
diagnosis, prevention, palliation, or treatment of any disease, disorder, syndrome, or condition in humans. 
 “Pfizer
Licensor” means, with respect to: 
  

	 	(a)	each Shared Commercial Product Patent Rights (excluding the New Shared Commercial Product Patent Rights) and Biopharma Patent Rights (excluding the New Biopharma Patent
Rights), that member of the Pfizer Group identified as the Pfizer Licensor thereof on Schedules 1.1(c) and 1.1(b), respectively, 

  

	 	(b)	any New Shared Commercial Product IP and the New Biopharma IP, and licensed hereunder, by a Pfizer Licensor, that member of the Pfizer Group that owns such Patent
Rights and/or Know-How (as applicable) in accordance with Section 12.1.2(b), 

  

	 	(c)	the Licensed Know-How (excluding the New Shared Commercial Product IP and the New Biopharma IP), that member of the Pfizer Group that owns such Know-How,

  

	 	(d)	any Third Party IP, that member of the Pfizer Group identified as the Pfizer Licensor thereof on Schedule 1.1(e), and 

 

	 	(e)	any New Shared Commercial Product IP and the New Biopharma IP owned by a Company Licensee in accordance with Section 12.1.2(a), that member of the Pfizer Group
identified as the Pfizer Licensor that corresponds to such Company Licensee on Schedule 1.1(d). 

 “Pfizer
Material Indebtedness” means any Indebtedness of Pfizer or of any Person whose indebtedness Pfizer has guaranteed or for which Pfizer is otherwise obligated that is equal to or in excess of Five Hundred Million U.S. Dollars ($500,000,000).

 “Pfizer Submissions” has the meaning set forth in Section 6.2. 

“Prosecuting Party” has the meaning set forth in Section 13.1.7. 

“Prosecution Activities” has the meaning set forth in Section 13.1.1. 

“Receiving Party” has the meaning set forth in Section 7.1. 

  
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 “Records” has the meaning set forth in Section 4.1. 

“Reference Filings” means, with respect to each Pfizer Licensor and Company Licensee, the INDs, INADs, Regulatory
Approval Applications, Regulatory Approvals and any other regulatory filings, submissions, or approvals including the CMC Information and quality, nonclinical, and clinical information included therein, with respect to the Licensed Products,
submitted by such Pfizer Licensor or Company Licensee (as applicable), its respective Affiliates or with respect to each Company Licensee, the Sublicensees to the applicable Regulatory Authority. 

“Regulatory Approval” means the approval, registration, license, or authorization of a Regulatory Authority necessary for
the manufacture, distribution, use, promotion and sale of a pharmaceutical or biological product for one or more indications in a country or other regulatory jurisdiction in the Pfizer Field or the Company Field, including approval of New Drug
Applications, Biologics License Applications and New Animal Drug Applications (each as defined by Applicable Law) in the United States and Marketing Authorisations in the European Union (as defined by Applicable Law). 

“Regulatory Approval Application” means an application that is submitted to a Regulatory Authority and the approval of
which is necessary to obtain Regulatory Approval, including New Drug Applications and New Animal Drug Applications in the United States and Marketing Authorisations in the European Union. 

“Regulatory Authority” means any supranational, federal, national, regional, state, provincial, or local regulatory
agency, department, bureau, commission, council, or other government entity, that regulates or otherwise exercises authority with respect to manufacturing, research, development, or commercialization of pharmaceutical or biological products in any
country or regulatory jurisdiction, including the FDA, USDA and EMA. 
 “Regulatory Documentation” means any
Regulatory Approval Applications, Regulatory Approvals, and other regulatory submissions made by a Party to a Regulatory Authority. 
 “Regulatory Dossier” has the meaning set forth in Section 6.3.1. 
 “Request” has the meaning set forth in Section 17.4.1(a). 

“Rules” has the meaning set forth in Section 17.4.2(a). 

“Scheduled Other Know-How” means, to the extent owned and Controlled by the applicable Pfizer Licensor as of such Pfizer
Licensor’s LE Date, any Know-How (excluding all Compound Know-How) that, as of such LE Date, (a) may provide a material competitive advantage in the Company Field to any Company Licensee or any of its Affiliates, (b) is not
exclusively used or held for used by the applicable Company Licensee and (c) is set forth on Schedule 1.1(i). 

“Scripps Agreement” means the License Agreement, by and between the Scripps Research Institute and COVX Pharmaceuticals,
which was effective as of April 12, 2002. 
 “Scripps Improvement” has the meaning set forth in
Section 2.1.9(b). 

  
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 “Senior Executives” means those individuals set forth on Schedule 1.1(j)
(or an equivalent or successor position thereof), as such position is understood by the Parties as of the Effective Date. 

“Shared Commercial Product” means the products set forth on Schedule 1.1(k). 

“Shared Commercial Product Know-How” means, for each Shared Commercial Product, any Compound Know-How (a) to the
extent used or held for use for such Shared Commercial Product as of the applicable LE Date or (b) that is New Shared Commercial Product Know-How that relates to such Shared Commercial Product, excluding in each of the foregoing (a) and
(b), the Shared Commercial Product Patent Rights. 
 “Shared Commercial Product Patent Rights” means, for each
Shared Commercial Product, to the extent owned and Controlled by the applicable Pfizer Licensor as of such Pfizer Licensor’s LE Date, all (a) corresponding Patent Rights set forth on Schedule 1.1(c); (b) Patent Rights that Cover any
Shared Commercial Product Know-How that relates to such Shared Commercial Product to the extent such Know-How exists as of the applicable LE Date and such Patent Rights are filed by such Pfizer Licensor or any of its Affiliates; (c) the New
Shared Commercial Product Patent Rights; (d) divisionals, continuations, and continuations-in-part that claim priority to any Patent Rights described in subsection (a), (b) and (c) to the extent the claims thereof are entirely
supported by such Patent Rights; (e) Patent Rights that issue from the patent applications described in subsections (a), (b), (c) and (d); (f) reissues, renewals, extensions, or additions of the Patent Rights described in subsections
(a), (b), (c), (d) and (e); and (g) foreign equivalents of the Patent Rights described in subsections (a), (b), (c), (d), (e) and (f). 
 “Sublicense Agreement” has the meaning set forth in Section 2.2.2. 
 “Sublicensee” has the meaning set forth in Section 2.2.1. 

“Surviving Provisions” has the meaning set forth in Section 16.3.4. 

“Term” has the meaning set forth in Section 16.1. 

“Territory” means worldwide. 
 “Third Party” means a Person other than a Party or an Affiliate of a Party. 
 “Third Party Agreements” means, with respect to Licensed IP, those agreements set forth on Schedule 1.1(e), excluding the Master Manufacturing and Supply Agreement. 

“Third Party Claim” has the meaning set forth in Section 9.3.1. 

“Third Party Infringement” has the meaning set forth in Section 13.2.1. 

“Third Party IP” means, to the extent Controlled by the applicable Pfizer Licensor, the Patent Rights and Know-How that
are licensed or sublicensed to Pfizer or any of its Affiliates pursuant to the Third Party Agreements set forth on Schedule 1.1(e). 

  
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 “Third Party Payments” has the meaning set forth in Section 5.1.

 “Trademarks” means all registered and unregistered names, trademarks, service marks, trade dress, logos,
insignias, domain names, symbols, slogans, and combinations thereof. 
 “USDA” means the United States
Department of Agriculture and any successor agency thereto. 
 2. LICENSES 

 

	2.1	Licenses to the Company Licensees. 

  

	 	2.1.1	Shared Commercial Product Patent Rights and Shared Commercial Product Know-How. Subject to the terms and conditions of this Agreement, with respect to
each Shared Commercial Product, Pfizer hereby grants, and shall cause each Pfizer Licensor to grant, to the applicable Company Licensee a royalty-free, fully paid-up, sublicensable (subject to Section 2.2), exclusive (including as to Pfizer and
its Affiliates) license in, to, and under the applicable Shared Commercial Product Patent Rights and Shared Commercial Product Know-How to research, develop, make, have made, use, sell, offer for sale, export and import such Shared Commercial
Product solely in the Company Field in the Territory; provided that such license shall not include rights to, and the applicable Company Licensee shall not, use the Shared Commercial Product Patent Rights or Shared Commercial Product
Know-How to create, design, or synthesize any Analogs of any compounds included in the Shared Commercial Products or products containing Analogs. 

  

	 	2.1.2	Biopharma Patent Rights and Biopharma Know-How. Subject to the terms and conditions of this Agreement, with respect to each Biopharma Product, Pfizer
hereby grants, and shall cause each Pfizer Licensor to grant, to the applicable Company Licensee a royalty-free, fully paid-up, sublicensable (subject to Section 2.2), exclusive (including as to Pfizer and its Affiliates) license in, to, and
under the applicable Biopharma Patent Rights and Biopharma Know-How to research, develop, make, have made, use, sell, offer for sale, export and import such Biopharma Product solely in the Company Field in the Territory; provided that
such license shall not include rights to, and the applicable Company Licensee shall not, use the Biopharma Patent Rights or Biopharma Know-How to create, design, or synthesize any Analogs of such Biopharma Product or compounds included therein.

  

	 	2.1.3	 Abandoned/Assigned Patent Know-How. Subject to the terms and conditions of this Agreement, with respect to each Abandoned/Assigned Patent
Right, Pfizer hereby grants, and shall cause each Pfizer Licensor to grant, to the applicable Company Licensee a royalty-free, fully paid-up, sublicensable (subject to Section 2.2), license in, to, and under the corresponding Abandoned/Assigned
Patent Know-How to research, develop, make, have made, use, sell, offer for sale, export and import the corresponding 

  
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Abandoned/Assigned Patent Scheduled Products and the Abandoned/Assigned Patent Other Products solely in the Company Field in the Territory. Such license shall be exclusive (including as to Pfizer
and its Affiliates) with respect to the Abandoned/Assigned Patent Scheduled Products and non-exclusive with respect to the Abandoned/Assigned Patent Other Products. 

 

	 	2.1.4	Animal Health Commercial Products Know-How. Subject to the terms and conditions of this Agreement, with respect to each Animal Health Commercial Product
(other than any Shared Commercial Products), Pfizer hereby grants, and shall cause each Pfizer Licensor to grant, to the applicable Company Licensee a royalty-free, fully paid-up, sublicensable (subject to Section 2.2), exclusive (including as
to Pfizer and its Affiliates) license in, to, and under the applicable Animal Health Commercial Products Know-How to research, develop, make, have made, use, sell, offer for sale, export and import such Animal Health Commercial Product solely in the
Company Field in the Territory. 

  

	 	2.1.5	Animal Health Other R&D Products Know-How. Subject to the terms and conditions of this Agreement, with respect to each Animal Health Other R&D
Product, Pfizer hereby grants, and shall cause each Pfizer Licensor to grant, to the applicable Company Licensee a royalty-free, fully paid-up, sublicensable (subject to Section 2.2), exclusive (including as to Pfizer and its Affiliates)
license in, to, and under the applicable Animal Health Other R&D Products Know-How to research, develop, make, have made, use, sell, offer for sale, export and import such Animal Health Other R&D Product solely in the Company Field in the
Territory. 

  

	 	2.1.6	Animal Health R&D Molecules Know-How. Subject to the terms and conditions of this Agreement, with respect to each Animal Health R&D Molecules
Product, Pfizer hereby grants, and shall cause each Pfizer Licensor to grant, to the applicable Company Licensee a royalty-free, fully paid-up, sublicensable (subject to Section 2.2), exclusive (including as to Pfizer and its Affiliates)
license in, to, and under the applicable Animal Health R&D Molecules Know-How to research, develop, make, have made, use, sell, offer for sale, export and import such Animal Health R&D Molecules Product solely in the Company Field in the
Territory. For clarity, the applicable Company Licensee shall have the right to use the Animal Health R&D Molecules Know-How to create, design, or synthesize any Analogs of such Animal Health R&D Molecules Product or compounds included
therein. 

  

	 	2.1.7	Scheduled Other Know-How. Subject to the terms and conditions of this Agreement (including any restrictions, limitations and obligations set forth in
Schedule 1.1(e)), Pfizer hereby grants, and shall cause each Pfizer Licensor to grant, to the applicable Company Licensee a royalty-free, fully paid-up, sublicensable (subject to Section 2.2), exclusive (including as to Pfizer and its
Affiliates) license in, to, and under the Scheduled Other Know-How for all uses solely in the Company Field in the Territory. 

  
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	 	2.1.8	General Know-How. Subject to the terms and conditions of this Agreement, Pfizer hereby grants, and shall cause each Pfizer Licensor to grant, to the
applicable Company Licensee a royalty-free, fully paid-up, sublicensable (subject to Section 2.2), non-exclusive license in, to, and under the General Know-How for all uses solely in the Company Field in the Territory. 

 

	 	2.1.9	Third Party IP. 

  

	 	(a)	License. Subject to the terms and conditions of this Agreement (including any restrictions, limitations and obligations set forth on Schedule 1.1(e)),
Pfizer hereby grants, and shall cause each Pfizer Licensor to grant, to the applicable Company Licensee a sublicense in, to, and under the Third Party IP for those uses set forth on Schedule 1.1(e) solely in the Company Field in the Territory, to
the extent that the applicable Pfizer Licensor has the right to grant such rights pursuant to the applicable Third Party Agreement. Unless otherwise set forth on Schedule 1.1(e), such sublicense shall be royalty-free, fully paid-up and sublicensable
(subject to Section 2.2). 

  

	 	(b)	Right of First Negotiation. During the Term, each Company Licensee shall promptly notify the applicable Pfizer Licensor in writing in the event that it
invents or otherwise generates any improvements, modifications, or upgrades to any Third Party IP that is licensed to a Pfizer Licensor pursuant to the Scripps Agreement (“Scripps Improvements”). Upon receipt of such written notice
from such Company Licensee, the applicable Pfizer Licensor shall have thirty (30) days to notify such Company Licensee that it intends to enter into negotiations with such Company Licensee to be granted exclusive rights with respect thereto. If
such Pfizer Licensor does not so notify such Company Licensee in writing within such thirty (30) day period that it intends to enter into negotiations with such Company Licensee, then such Company Licensee shall be permitted to license any
Patent Rights or Know-How that it Controls and that relates to the Scripps Improvements to any Third Party on any terms (subject to the terms and conditions of the Scripps Agreement). In the event that such Pfizer Licensor provides such Company
Licensee with such a written notice that it intends to enter into negotiations with such Company Licensee, such Pfizer Licensor and such Company Licensee shall enter into good faith negotiations in order to conclude an agreement within ninety
(90) days from expiration of the thirty (30) day period described in the foregoing sentence. In the event that such Pfizer Licensor and Company Licensee do not enter into a definitive written agreement within such ninety (90) day
period, such Company Licensee may thereafter negotiate with any Third Parties; provided that such Company Licensee and its Affiliates may not enter into such an agreement with any Third Party on terms which, taken as a whole, are
substantially identical to, or materially more favorable to such Third Party than, the terms last offered by such Company Licensee to Pfizer. 

  
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	2.2	Sublicense Rights. 

  

	 	2.2.1	Scope of Sublicenses. Subject to the terms and conditions of this Agreement, the Company Licensees may sublicense the licenses and sublicenses granted
pursuant to Section 2.1 to Affiliates and Third Parties (each permitted sublicensee, a “Sublicensee”); provided that the Company shall, or shall cause the applicable Company Licensee to, (a) provide Pfizer
with reasonable written notice (which shall be provided no less than ten (10) Business Days) prior to granting any such sublicense to a Third Party and such written notice shall identify the applicable Third Party Sublicensee; and (b) upon
Pfizer’s reasonable written request, provide Pfizer with a list of all Affiliates that are Sublicensees as of the date of the applicable request. Granting a sublicense to a Sublicensee shall not relieve the Company Licensees of any of their
obligations hereunder and the Company Licensees shall remain responsible and liable for their Sublicensees’ compliance with all of the terms of this Agreement. Sublicensees may only grant further sublicenses if the Sublicensee granting, and the
Person to whom it is granting, such further sublicense are each Affiliates of the Company Licensee that is granted a license pursuant to Section 2.1 and in the event of such a further sublicense, such Person being granted such sublicense shall
be deemed to be a Sublicensee of such Company Licensee hereunder. For clarity, any sublicense granted pursuant to this Section shall be subject to the terms and conditions of any applicable agreements with any Third Parties.

  

	 	2.2.2	Sublicense Agreements. Each Company Licensee shall, and shall cause each Sublicensee (as applicable) to, enter into a sublicense agreement with each of
its Sublicensees (each, a “Sublicense Agreement”). Each Sublicense Agreement shall (a) be in writing if the applicable Sublicensee is a Third Party, (b) be subject to, and consistent with, the terms of this Agreement
(including all Encumbrances), (c) preclude assignment of such Sublicense Agreement and sublicensing of the licenses granted under such Sublicense Agreement to any Third Parties without Pfizer’s prior written consent, (d) terminate
upon termination of this Agreement in accordance with the terms hereof, and (e) include Pfizer as an intended third party beneficiary with the right to enforce the terms of such Sublicense Agreement. 

 

	2.3	Encumbrances. The Company Licensees hereby acknowledge and agree that the licenses and other rights granted to the Company Licensees pursuant to this
Agreement include rights to Patent Rights and Know-How that may be subject to the Encumbrances and, accordingly, all of the terms of this Agreement shall be subject to the Encumbrances. The Company Licensees shall, and shall ensure that their
Affiliates and Sublicensees, comply with the Encumbrances. If any Pfizer Licensor’s ability to grant the licenses and sublicenses granted pursuant to Section 2.1 requires first satisfying any preconditions, including obtaining a Third
Party’s consent, the Parties shall reasonably cooperate to satisfy such preconditions; provided that the Pfizer Licensors and their Affiliates shall not be obligated to breach any applicable agreement or offer to pay, or pay, any
money or offer to incur, or incur, any non-monetary obligations to satisfy any such preconditions unless the applicable Company Licensee first agrees in a writing reasonably acceptable to the applicable Pfizer Licensor to pay such consideration and
undertake all such obligations on the applicable Pfizer Licensor’s behalf. 

  
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	2.4	Pfizer Rights and Obligations. 

  

	 	2.4.1	Restrictions on Pfizer. The Pfizer Licensors and their Affiliates shall not have any rights in, to or under any Shared Commercial Product Patent Rights or
Biopharma Patent Rights to research, develop, make, have made, use, sell, offer for sale, export or import in the Company Field any product that contains any specific compound that (a) is expressly disclosed as embodying the invention to which
such Shared Commercial Product Patent Rights or Biopharma Patent Rights (as applicable) relate or (b) a Pfizer Licensor or any of its Affiliates obtains or otherwise identifies by analoging any compound described in the foregoing (a).

  

	 	2.4.2	New Shared Commercial Product Patent Rights and New Biopharma Patent Rights. Subject to the terms and conditions of this Agreement, the Company hereby
grants, and shall cause each Company Licensee to grant, to the applicable Pfizer Licensor a royalty-free, fully paid-up, sublicensable, exclusive license in, to and under the New Shared Commercial Product Patent Rights and New Biopharma Patent
Rights that are owned by such Company Licensee for all uses in the Pfizer Field in the Territory. 

  

	2.5	Pfizer Licensors and Company Licensees. To the extent this Agreement sets forth any obligations of any Pfizer Licensor or any Company Licensee, Pfizer and
the Company, respectively, shall cause the applicable Pfizer Licensor and Company Licensee to comply with such obligations. Pfizer shall remain responsible and liable for each of the Pfizer Licensor’s, and the Company shall remain responsible
and liable for each of the Company Licensee’s, compliance with all of the terms of this Agreement. 

  

	2.6	No Implied Licenses and Retained Rights. 

  

	 	2.6.1	General. Each Party reserves its and its Affiliates’ (including, with respect to the Company, all Company Licensees’ and, with respect to
Pfizer, all Pfizer Licensors’) rights in, to and under all Intellectual Property that is not expressly licensed hereunder (including, with respect to Pfizer and its Affiliates, all rights to the Licensed IP outside of the Company Field).
Without limiting the foregoing, this Agreement and the licenses and rights granted herein do not and shall not be construed to confer any rights upon either Party or its Affiliates by implication, estoppel, or otherwise as to any of the other
Party’s or its Affiliates’ Intellectual Property, except as otherwise expressly set forth herein. Notwithstanding anything to the contrary herein, the Company hereby acknowledges that, with respect to the Licensed IP, each Pfizer Licensor
and its Affiliates retain rights to exercise their other rights and fulfill their obligations hereunder. 

  

	 	2.6.2	R&D Agreement. For clarity, and notwithstanding anything to the contrary herein, in the event that a Company Licensee would like to create, design, or
synthesize any Analogs exercising any rights that are not expressly licensed hereunder, the Company shall have the right to request such rights in accordance with, and subject to, the terms of the R&D Agreement. 

  
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 3. REGULATORY 

 

	3.1	Ownership of Regulatory Documentation. As between the Parties, each Company Licensee shall own, and, subject to this Article 3, shall have the exclusive
right to prepare, submit, and maintain, all Regulatory Documentation that it submits to or receives from the Regulatory Authorities following the Effective Date with respect to the Licensed Products in the Company Field in the Territory (to the
extent, with respect to each Company Licensee, such Company Licensee has rights hereunder with respect thereto). For clarity, as between the Parties, the Pfizer Licensors shall own all other Regulatory Documentation. 

 

	3.2	Material Submissions and Correspondence. As between the Parties, each Pfizer Licensor and each Company Licensee shall have the sole right, but not the
obligation, to control all regulatory matters with respect to its Licensed Products in its respective field of use in the Territory within the scope of its rights with respect thereto, including the preparation, submission, and maintenance of all
regulatory submissions; provided that upon the applicable Pfizer Licensor’s reasonable request: 

  

	 	3.2.1	such Pfizer Licensor shall have the right to participate in all meetings with the Regulatory Authorities to the extent permitted by Applicable Law, and

  

	 	3.2.2	such Company Licensee shall provide such Pfizer Licensor with a copy of any material communications from, and drafts of any material filings (including Regulatory
Approval Applications) or responses to, any Regulatory Authorities reasonably prior to submission to allow such Pfizer Licensor an opportunity to review and comment thereon (and such material communications, filings and responses shall be subject to
such Pfizer Licensor’s approval, not to be unreasonably withheld). Such Pfizer Licensor shall provide any comments with respect to such communications, filings and responses to such Company Licensee as soon as reasonably practicable and such
Company Licensee shall incorporate all such comments made by or on behalf of such Pfizer Licensor. In the event of a dispute between such Company Licensee and such Pfizer Licensor regarding such comments, such Pfizer Licensor shall have final
decision-making authority. 

  

	 	3.2.3	For purposes of this Section 3.2, the applicable Pfizer Licensor shall be deemed to have made a reasonable request if, at the time of such request, such Pfizer
Licensor or any of its Affiliates is researching, developing, manufacturing or commercializing a compound or product that contains a compound in the same Compound Class as the compound that is contained in the applicable Licensed Product.

  
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	3.3	Costs and Expenses. Company Licensees shall be responsible for conducting all regulatory related activities with respect to the Licensed Products for the
Company Field in the Territory that it is permitted to conduct hereunder solely at their own cost and expense. 

4. RECORDS AND OPERATIONAL AUDIT RIGHTS 
  

	4.1	Records. Each Company Licensee shall maintain, and shall ensure that its Affiliates and all Sublicensees maintain, complete and accurate records (in the
form of technical notebooks and/or electronic files where appropriate) of all work conducted by such Company Licensee, its Affiliates, and its Sublicensees during, and in connection with, this Agreement (the “Records”). The Records,
including any and all electronic and physical files where such information is contained, shall fully and properly reflect all work done and results achieved in exercising the rights granted hereunder in sufficient detail and in good scientific
manner appropriate for patent and regulatory purposes and in compliance with all Applicable Laws. Without limiting any other rights or remedies hereunder, during the Term and for three (3) years after this Agreement has expired or been
terminated in its entirety, upon a Pfizer Licensor’s reasonable request to the applicable Company Licensee, such Pfizer Licensor shall have the right to (a) review and copy the Records during normal business hours and (b) obtain
access to originals of such Records, each of the foregoing (a) and (b), for patent or regulatory purposes or other legal proceedings or inquiries related to the Company’s or any of its Affiliate’s or Sublicensee’s compliance with
the FCPA, its internal compliance policies or any “corporate integrity” or similar agreement with any Governmental Authority to which either Party or its Affiliates is a party. 

 

	4.2	 Operational Audit Rights. At any time, during the Term and for three (3) years after this Agreement has expired or been terminated
in its entirety, during normal business hours and upon reasonable prior notice (which shall be no less than ten (10) Business Days), each Pfizer Licensor may send a reasonable number of qualified representatives of such Pfizer Licensor, its
Affiliates, and/or a Third Party reasonably acceptable to the applicable Company Licensee to inspect such Company Licensee’s, its Affiliates’ and its Sublicensees’ facilities used in connection with this Agreement and review the
records and operations related to such Company Licensee’s, its Affiliates’ and its Sublicensees’ exercise of their rights and performance of their obligations hereunder to ensure compliance with the terms hereof. Such audits shall
occur no more than once per Calendar Year except to the extent that the applicable Pfizer Licensor has a reasonable, good faith belief, or a prior audit demonstrated, that the applicable Company Licensee or any of its Affiliates or Sublicensees
failed to comply with any of their obligations hereunder. The applicable Pfizer Licensor shall be responsible for all costs associated with conducting an audit pursuant to this Section, except if such audit demonstrates, or the audit immediately
preceding such audit demonstrated, that the applicable Company Licensee, its Affiliates or its Sublicensees failed to comply with any obligations hereunder (and in such circumstances, the applicable Company Licensee shall be responsible for all such
costs and expenses). Each Company Licensee shall, and shall cause its Affiliates and its Sublicensees to, reasonably cooperate with any representatives conducting any such audit. Such audits shall be conducted in a manner to minimize

  
 18 

	 	
interference with such Company Licensee’s, its Affiliates’ and its Sublicensees’ performance of each of their businesses and their rights and obligations under this Agreement.
Notwithstanding anything to the contrary in this Section, each Company Licensee may require that, to the extent applicable, (x) the representatives conducting an audit pursuant to this Section be accompanied by such Company Licensee’s
representatives at all times during any such audit, (y) such representatives do not enter areas of any facility not involved in this Agreement and (z) all such audits are conducted in accordance with the obligations set forth in Article 7.

 5. THIRD PARTY PAYMENTS AND OTHER REIMBURSEMENT PROVISIONS 

 

	5.1	Third Party Payments. Any and all royalties, sublicense fees, milestones, and other amounts payable to Third Parties attributable to any Pfizer
Licensor’s or its Affiliates’ grant of, or any Company Licensee’s or any of its Affiliate’s or its Sublicensees’ exercise of, the licenses or other rights granted hereunder (collectively, “Third Party
Payments”) shall be the sole responsibility of the applicable Company Licensee. The Company Licensees shall pay all Third Party Payments to the applicable Third Parties directly, unless such payments must be made by a Pfizer Licensor or any
of its Affiliates pursuant to the applicable agreement with such Pfizer Licensor or its Affiliate or otherwise, in which case, the Parties shall cooperate in good faith to ensure that the Third Party Payments are paid by the Company Licensees to
such Pfizer Licensor in a manner that ensures such Pfizer Licensor’s and its Affiliates’ compliance with any obligations that they have to such Third Party. 

 

	5.2	Late Payments. Except as expressly provided to the contrary in this Agreement, any amount not paid when due pursuant to this Agreement (and any amounts
billed or otherwise invoiced or demanded and properly payable that are not paid within thirty (30) days of such bill, invoice or other demand) shall accrue interest at a rate per annum equal to the Prime Rate plus two percent (2%).

  

	5.3	Financial Records, Audits. 

  

	 	5.3.1	 General. Each Company Licensee shall, and shall cause its applicable Affiliates and Sublicensees to, maintain complete and accurate
records in sufficient detail to permit the applicable Pfizer Licensor to confirm the accuracy of any payments (including Third Party Payments) made or required to be made to such Pfizer Licensor or any of its Affiliates hereunder. During the Term
and for three (3) years after this Agreement has expired or been terminated in its entirety, upon written notice to such Company Licensee, such Pfizer Licensor shall have the right, at its own expense, using an independent certified public
accounting firm (that has been retained on an hourly or flat fee basis and receives no contingency fee or other bounty or bonus fee) selected by such Pfizer Licensor and reasonably acceptable to such Company Licensee to audit such Company
Licensee’s, its Affiliates’, and its Sublicensees’ books and records during normal business hours not more than once during any Calendar Year, solely to verify the accuracy of any payments made or required to be made hereunder in
respect of any Calendar Year ending not more than three (3) 

  
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years prior to the date of such notice (provided that such restriction on the number of permitted audits per Calendar Year shall not apply to the extent that (a) such Pfizer
Licensor has a reasonable, good faith belief that such Company Licensee or any of its Affiliates or Sublicensees failed to comply with any of their obligations hereunder or (b) a prior audit demonstrates that such Company Licensee or any of its
Affiliates or Sublicensees failed to comply with any of their obligations hereunder). Each Company Licensee shall, and shall cause its Affiliates and Sublicensees to, reasonably cooperate with such audit. The independent certified public accounting
firm shall prepare a report based on each such audit, a copy of which shall be sent or otherwise provided to the applicable Company Licensee at the same time that it is sent or otherwise provided to the applicable Pfizer Licensor, and such report
shall contain the conclusions of such accounting firm and will specify that the amounts paid pursuant thereto were correct or, if incorrect, the amount of any underpayment or overpayment. The opinion of said independent accounting firm in connection
therewith shall be binding on the applicable Pfizer Licensor, Company Licensee and each of their respective Affiliates, other than in the case of manifest error. 

 

	 	5.3.2	Audit Fees and Expenses. Each Pfizer Licensor shall be responsible for any and all fees and expenses it incurs in connection with an audit conducted in
accordance with Section 5.3.1; provided that, in the event that such an audit reveals an underpayment by the applicable Company Licensee of more than five percent (5%) as to the period subject to such audit, such Company
Licensee shall reimburse the applicable Pfizer Licensor for its reasonable and documented out-of-pocket costs and expenses of such audit within thirty (30) days of such Pfizer Licensor’s invoice therefor. 

 

	 	5.3.3	Payment of Deficiency/Overpayments. 

  

	 	(a)	If any audit conducted in accordance with Section 5.3.1 establishes that a Company Licensee underpaid any amounts due to a Pfizer Licensor or any of its Affiliates
under this Agreement, such Company Licensee shall pay such Pfizer Licensor any such deficiency within thirty (30) days of written notice thereof. For the avoidance of doubt, such payment shall be considered a late payment, subject to
Section 5.2. 

  

	 	(b)	If any audit conducted in accordance with Section 5.3.1 establishes that a Company Licensee has overpaid any amounts due to a Pfizer Licensor or any of its
Affiliates under this Agreement, such Pfizer Licensor shall, at such Company Licensee’s sole discretion, (i) refund the excess payments to such Company Licensee within thirty (30) days of receipt of written notice thereof or
(ii) offset all such excess payments against any outstanding and future amounts owed to such Pfizer Licensor hereunder. 

  
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 6. RIGHTS OF REFERENCE 

 

	6.1	Company Rights. Upon a Company Licensee’s reasonable written request, the applicable Pfizer Licensor shall, and shall cause its Affiliates to,
provide each applicable Regulatory Authority with a letter of authorization that allows such Regulatory Authorities to access such Pfizer Licensor’s and its Affiliates’ Reference Filings submitted as of the Effective Date with respect to
the Licensed Products solely to the extent necessary for such Regulatory Authority to approve the INADs, Regulatory Approval Applications and any necessary updates thereto that are submitted by or on behalf of such Company Licensee, its Affiliates
or any of its Sublicensees for any Licensed Products in the Company Field in the Territory (to the extent that the applicable Company Licensee, its Affiliates or its Sublicensees has rights hereunder with respect thereto) (collectively, the
“Company Submissions”). 

  

	6.2	Pfizer Rights. Upon a Pfizer Licensor’s reasonable written request, the applicable Company Licensee shall, and shall cause its Affiliates and its
Sublicensees to, provide each applicable Regulatory Authority with a letter of authorization that allows such Regulatory Authorities to access such Company Licensee’s, its Affiliates’ and its Sublicensees’ Reference Filings with
respect to the Licensed Products solely to the extent necessary for such Regulatory Authority to approve the INDs, Regulatory Approval Applications and any necessary updates thereto that are submitted by or on behalf of such Pfizer Licensor or its
Affiliates for any Licensed Products in the Pfizer Field in the Territory (to the extent that the applicable Pfizer Licensor or its Affiliates has rights with respect thereto) (collectively, the “Pfizer Submissions”).

  

	6.3	No Reference Filing. 

  

	 	6.3.1	In the event that the Pfizer Licensors, their Affiliates and their Sublicensees or the Company Licensees and their Affiliates (as applicable) have not submitted a
Reference Filing as described in Sections 6.1 or 6.2 (as applicable) to the applicable Regulatory Authorities, but have submitted such a Reference Filing to another Regulatory Authority, such Pfizer Licensor or Company Licensee (as applicable) or
its applicable Affiliate shall prepare and if allowable by Applicable Law, submit a proprietary dossier of the CMC Information and quality, nonclinical and clinical information (the “Regulatory Dossier”) to the applicable Regulatory
Authority to the extent necessary for such Regulatory Authority to approve, with respect to a Company Licensee, its Affiliates and its Sublicensees, the Company Submissions and, with respect to a Pfizer Licensor and its Affiliates, the Pfizer
Submissions (each of a Pfizer Licensor and a Company Licensee, a “Filing Party”); provided that, if a Company Licensee is a Filing Party, the applicable Pfizer Licensor has submitted the applicable Reference Filing,
and the information contained in the Regulatory Dossier exists, as of the Effective Date. 

  

	 	6.3.2	 If submission of a Regulatory Dossier as described in Section 6.3.1 is not permitted by Applicable Law, then the Filing Party will provide the
applicable Pfizer Licensor (if the Filing Party is a Company Licensee) or the applicable Company Licensee (if the Filing Party is a Pfizer Licensor) (such Pfizer 

  
 21 

	 	
Licensor and Company Licensee, the “Dossier Controlling Party”) with a copy of the Regulatory Dossier solely for disclosure to the applicable Regulatory Authorities to the extent
necessary for the applicable Regulatory Authorities to approve, with respect to a Company Licensee, the Company Submissions and, with respect to a Pfizer Licensor, the Pfizer Submissions. For clarity, the Dossier Controlling Party shall disclose the
Regulatory Dossier to the Regulatory Authorities without any modifications except for translations to the local language required by Applicable Law. 

  

	 	6.3.3	Notwithstanding anything to the contrary in this Section 6.3, in the event that a Dossier Controlling Party has a reasonable, good faith belief that the Regulatory
Authority to whom the applicable Regulatory Dossier will be disclosed will not maintain the confidentiality of any Confidential Information of the Dossier Controlling Party, the Dossier Controlling Party shall notify the other Party and (a) the
Parties shall promptly discuss how to address such issue and (b) in no event will such Confidential Information be disclosed to the applicable Regulatory Authority against the reasonable, good faith objection of the Dossier Controlling Party.

  

	6.4	Confidentiality. Any information disclosed by any Company Licensee or Pfizer Licensor to any Pfizer Licensor or Company Licensee, respectively, pursuant
to this Article 6 shall be subject to Article 7. 

 7. CONFIDENTIALITY 

 

	7.1	Definition. “Confidential Information” shall mean all Know-How, business or financial information, research and development activities,
product and marketing plans, and customer and supplier information and other confidential or proprietary information furnished by one Party or any of its Affiliates (including, with respect to Pfizer, the Pfizer Licensors and their Affiliates and,
with respect to the Company, the Company Licensees and their Affiliates) or its or their respective directors, officers, employees, agents, accountants, counsel and other advisors and representatives (each, a “Disclosing Party”) to
the other Party, any of its Affiliates (including, for clarity, with respect to Pfizer, the Pfizer Licensors and, with respect to the Company, the Company Licensees) or its or their respective directors, officers, employees, agents, accountants,
counsel and other advisors and representatives (each, a “Receiving Party”) in connection with this Agreement, whether disclosed or provided prior to or after the Effective Date and whether provided orally, visually, electronically,
or in writing. Notwithstanding the foregoing, Confidential Information, with respect to a Disclosing Party, shall not include: 

  

	 	7.1.1	information that is or becomes publicly known through no breach of this Agreement by the Receiving Party or any of its Affiliates, its respective directors, officers,
employees, agents, accountants, counsel and other advisors and representatives; 

  

	 	7.1.2	 information that was independently developed following the Effective Date by employees or agents of the Receiving Party or any of its Affiliates, its
respective directors, officers, employees, agents, accountants, counsel and other advisors and representatives who have not accessed or otherwise received the 

  
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applicable Confidential Information; provided that such independent development can be demonstrated by competent, contemporaneous written records of the Receiving Party or any of
its Affiliates; and 

  

	 	7.1.3	information that becomes available to the Receiving Party or its Affiliates following the Effective Date on a non-confidential basis from a Third Party who is not bound
directly or indirectly by a duty of confidentiality to the Disclosing Party; 

 provided that, in
each of the foregoing Sections 7.1.1 through 7.1.3, such information shall not be deemed to be within the foregoing exceptions merely because such information is embraced by more general knowledge that is publicly known or in the Receiving
Party’s possession, and no combination of features shall be deemed to be within the foregoing exceptions merely because individual features are publicly known or in the Receiving Party’s possession, unless the particular combination itself
and its principle of operations are in the public domain or in the Receiving Party’s possession without the use of or access to Confidential Information. 
  

	7.2	General Obligations. The Receiving Party shall protect all Confidential Information of the Disclosing Party (including the Licensed Know-How) against
unauthorized uses and disclosures, and disclose to Third Parties, using the same degree of care as the Receiving Party uses with respect to its own similar information (which in no event shall be less than a reasonable degree of care);
provided that, notwithstanding anything to the contrary herein, the Company Licensees shall keep strictly confidential, and shall not disclose to any Person, the Confidential Information set forth on Schedule 7.2.

  

	7.3	Disclosures to Sublicensees. Each Company Licensee shall be permitted to disclose Pfizer’s Confidential Information to Sublicensees (subject to
Sections 2.2 and 7.2) to the extent reasonably necessary for such Company Licensee to exercise any sublicense rights that it has been granted hereunder; provided that such Sublicensees shall be subject to written obligations of
confidentiality and restrictions on permitted use at least equivalent in scope to those set forth in this Article 7 and the Company shall be liable for any failure by any such Sublicensees to comply with the terms hereof. 

 

	7.4	Disclosure to Intellectual Property Offices, Regulatory Authorities. A Receiving Party may disclose Confidential Information of the Disclosing Party to
(a) patent authorities to obtain or maintain Patent Rights to the extent such Receiving Party is expressly permitted to obtain or maintain such Patent Rights under this Agreement and (b) Regulatory Authorities to obtain or maintain any
approval to conduct clinical trials or Regulatory Approvals with respect to a Licensed Product; provided that, with respect to the foregoing (a) and (b), such disclosure may be made only to the extent reasonably necessary to
obtain or maintain such Patent Rights or obtain or maintain such approvals or Regulatory Approvals (as applicable). 

  

	7.5	 Disclosures Required By Law. In the event that the Receiving Party or any of its Affiliates either determines on the advice of its
counsel that it is required to disclose any Confidential Information of the Disclosing Party pursuant to Applicable Law (including the rules and regulations of the Securities and Exchange Commission or any national

  
 23 

	 	
securities exchange) or receives any request or demand under lawful process or from any Governmental Authority to disclose or provide Confidential Information of the Disclosing Party (or any of
its Affiliates) that is subject to the confidentiality obligations hereof, the Receiving Party shall notify the Disclosing Party prior to disclosing or providing such Confidential Information and shall cooperate at the expense of the Disclosing
Party in seeking any reasonable protective arrangements (including by seeking confidential treatment of such Confidential Information) requested by the Disclosing Party. Subject to the foregoing, the Party that received such a request or determined
that it is required to disclose Confidential Information of the Disclosing Party may thereafter disclose or provide such Confidential Information to the extent required by such Applicable Law (as so advised by counsel) or requested or required by
such Governmental Authority; provided, however, that such Receiving Party provides the Disclosing Party, to the extent legally permissible, upon request with a copy of the Confidential Information so disclosed.

  

	7.6	Terms of the Agreement. The terms of this Agreement are deemed to be Confidential Information of each Party and shall be subject to the confidentiality
obligations set forth in this Article 7; provided that each Party shall be permitted to disclose the terms of this Agreement to the extent reasonably necessary in connection with a potential or actual financing or assignment or sale of
the business or assets related to this Agreement to the extent permitted hereunder; provided further that such Persons shall be subject to obligations of confidentiality and non-use (whether in writing or by operation of law)
with respect thereto and the Receiving Party shall be liable for any failure by any such Persons to comply with the confidentiality provisions hereof. 

 8. REPRESENTATIONS AND WARRANTIES; COVENANTS 
  

	8.1	Representations and Warranties. Except as otherwise set forth on Schedule 8.1, Pfizer (on behalf of itself and the Pfizer Licensors) and the Company (on
behalf of itself and the Company Licensees) makes the representations and warranties set forth in this Section 8.1 to the other Party as of the Effective Date. 

 

	 	8.1.1	It is duly organized, validly existing, and in good standing under the laws of its jurisdiction of formation. It has full corporate power and authority to execute,
deliver, and perform under this Agreement. 

  

	 	8.1.2	This Agreement constitutes a valid and binding agreement enforceable against it in accordance with its terms (except as the enforceability thereof may be limited by
Applicable Laws). 

  

	 	8.1.3	All consents, approvals, and authorizations from all Governmental Authorities required to be obtained by such Party in connection with the execution and delivery of
this Agreement have been obtained. 

  

	8.2	 Disclaimer of Representations and Warranties. EXCEPT AS EXPRESSLY STATED IN THIS ARTICLE 8, NO PARTY MAKES ANY REPRESENTATIONS OR EXTENDS
ANY WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE, INCLUDING WARRANTIES OF TITLE, NON-INFRINGEMENT, VALIDITY, ENFORCEABILITY, ABSENCE OR SCOPE OF ANY 

  
 24 

	 	
ENCUMBRANCES, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE AND ALL SUCH REPRESENTATIONS AND WARRANTIES ARE HEREBY EXPRESSLY DISCLAIMED. ANY INFORMATION PROVIDED BY PFIZER OR ITS
AFFILIATES OR THE COMPANY OR ITS AFFILIATES IS MADE AVAILABLE ON AN “AS IS” BASIS WITHOUT WARRANTY WITH RESPECT TO COMPLETENESS, COMPLIANCE WITH REGULATORY STANDARDS, REGULATIONS, OR ANY OTHER APPLICABLE LAW, OR FITNESS FOR A PARTICULAR
PURPOSE OR ANY OTHER KIND OF WARRANTY WHETHER EXPRESS OR IMPLIED. 

  

	8.3	Compliance with Laws. Each Party shall comply, and shall cause its Affiliates to comply (including, with respect to the Company, the Company Licensees and
their Affiliates and, with respect to Pfizer, the Pfizer Licensors and their Affiliates), with all Applicable Laws in performing its obligations or exercising its rights pursuant to this Agreement. 

 

	8.4	FCPA. 

  

	 	8.4.1	With respect to the performance of its obligations hereunder and without limiting the generality of Section 8.3, each Party shall comply, and shall cause its
Affiliates (including, with respect to Pfizer, the Pfizer Licensors and their Affiliates and, with respect to the Company, the Company Licensees and their Affiliates) to comply, with the United States Foreign Corrupt Practices Act of 1977 (as
modified or amended and equivalent laws through the world, including the UK Bribery Act 2010) (the “FCPA”). Each Party represents and warrants (on behalf of itself and its Affiliates) to the other that, with respect to the
performance of its and their respective obligations under this Agreement, it and they have not, and will not, directly or indirectly, offer or pay, or authorize such offer or payment of, any money, or transfer anything of value, to improperly seek
to influence any Government Official, nor offer, pay, request, or accept bribes on behalf of the other Party or any of its Affiliates in order to gain an improper business advantage and will not accept in the future, such a payment or transfer.

  

	 	8.4.2	 Each Party represents, on behalf of itself and its Affiliates (including, with respect to Pfizer, the Pfizer Licensors and their Affiliates and, with
respect to the Company, the Company Licensees and their Affiliates), that, to the best of its knowledge, no Government or Government Official is the beneficial owner of five percent (5%) or more of its or its Affiliates’ securities and
undertakes to inform the other Party in good faith (a) if the Party becomes aware, through an SEC Schedule 13D filing or otherwise, that a Government or Government Official has become the beneficial owner of five percent (5%) or more of
its or its Affiliates’ securities or (b) if a Government or Government Official comes into a position of authority within its or its Affiliates’ structure that includes influence over decisions with respect to its or its
Affiliates’ business or any products, payments or services provided under this Agreement. As used in this Section 8.4, “Government Official” means: (v) any elected or appointed

  
 25 

	 	
government official (e.g., a member of a ministry of health), (w) any employee or person acting for or on behalf of a government official, agency, or enterprise performing a
governmental function, (x) any political party officer, employee, or person acting for or on behalf of a political party or candidate for public office, (y) an employee or person acting for or on behalf of a public international
organization, or (z) any person otherwise categorized as a government official under local law. “Government” is meant to include all levels and subdivisions of non-United States governments (i.e., local, regional, or
national and administrative, legislative, or executive). Each Party will, and will cause its Affiliates to, update the covenant in this Section 8.4 if it or any of its employees becomes a Government Official or if a Government or Government
Official becomes an owner of such Party or one or more of its Affiliates. 

  

	 	8.4.3	Each Party has in effect, and will maintain and enforce, a compliance and ethics program designed to prevent and detect violations of applicable anti-corruption laws
throughout its operations (including Affiliates’ operations) and the operations of its contractors, sub-contractors and Sublicensees that have responsibility for the Party’s business or any products, payments or services provided
hereunder. 

  

	 	8.4.4	Each Party has in effect, and will maintain and enforce, a system of internal accounting controls designed to ensure the making and keeping of fair and accurate books,
records, and accounts with respect to its and its Affiliates’ business or any products, payments or services provided hereunder. 

 9. INDEMNIFICATION 
  

	9.1	Indemnification. Except as provided in Section 9.2, each Party shall indemnify, defend and hold harmless each of the other Party, its Affiliates and
its and their respective directors, officers, employees and agents, and each of the heirs, executors, successors and assigns of any of the foregoing (collectively, the “Indemnitees”) from and against any and all Losses of the
Indemnitees relating to, arising out of or resulting from any of the following items (without duplication and including any such Losses arising by way of setoff, counterclaim or defense or enforcement of any Lien): (a) the research,
development, manufacture, use, sale, offer for sale, import or export of Licensed Products by such Party, its Affiliates or with respect to the Company, any of its Sublicensees, (b) such Party’s, its Affiliates’ or with respect to the
Company, any of its Sublicensees’ (as applicable) exercise of any of its rights or performance of its obligations pursuant to the terms hereof (including for clarity, Section 2.3), (c) any personal injuries, death and/or property
damages (including Losses associated with damage, disease or illness to livestock, or resulting from exposure or contact (through physical proximity, consumption or otherwise) to such livestock) resulting from the use of any Licensed Product,
(d) the fraud, gross negligence, or willful misconduct of the Company, its Affiliates or its Sublicensees (as applicable), or (e) breach by such Party, its Affiliates or any of its Sublicensees (as applicable) of any provision of this
Agreement, except to the extent any of the foregoing (a) through (e) was caused by any of the other Party’s Indemnitees’ fraud, gross negligence, or willful misconduct or any Action for which the other Party has an obligation to
indemnify such Party pursuant to this Section. 

  
 26 

	9.2	Indemnification Obligations Net of Insurance Proceeds and Other Amounts. 

 

	 	9.2.1	The Parties intend that any Loss subject to indemnification or reimbursement pursuant to this Article 9 will be net of Insurance Proceeds that actually reduce the
amount of the Loss. Accordingly, the amount which any Party (an “Indemnifying Party”) is required to pay to any Indemnitee will be reduced by any Insurance Proceeds theretofore actually recovered by or on behalf of the Indemnitee in
respect of the related Loss. If an Indemnitee receives a payment (an “Indemnity Payment”) required by this Agreement from an Indemnifying Party in respect of any Loss and subsequently receives Insurance Proceeds, then the Indemnitee
will pay to the Indemnifying Party an amount equal to the excess of the Indemnity Payment received over the amount of the Indemnity Payment that would have been due if the Insurance Proceeds had been received, realized or recovered before the
Indemnity Payment was made. 

  

	 	9.2.2	An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the
indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other Third Party shall be entitled to a “wind-fall” (i.e., a benefit such insurer
or other Third Party would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. Nothing contained in this Agreement or shall obligate any Indemnifying Party or its
Affiliates to seek to collect or recover any Insurance Proceeds. 

  

	 	9.2.3	Any Indemnity Payment made by the Company shall be increased as necessary so that after making all payments in respect to Taxes imposed on or attributable to such
Indemnity Payment, each Pfizer Indemnitee receives an amount equal to the sum it would have received had no such Taxes been imposed. Any Indemnity Payment made by Pfizer shall be increased as necessary so that after making all payments in respect to
Taxes imposed on or attributable to such Indemnity Payment, each Company Indemnitee receives an amount equal to the sum it would have received had no such Taxes been imposed. 

 

	9.3	Procedures for Indemnification of Third Party Claims. 

  

	 	9.3.1	 If an Indemnitee shall receive notice or otherwise learn of the assertion by a Third Party (including any Governmental Authority) of any claim or of
the commencement by any such Third Party of any Action with respect to which an Indemnifying Party may be obligated to provide indemnification to such Indemnitee pursuant to Section 9.1, or any other Section of this Agreement (collectively, a
“Third Party Claim”), such Indemnitee shall give such Indemnifying Party written notice thereof as promptly as practicable (and in any event within forty-five (45) days) after becoming aware of such Third Party Claim. Any such
notice shall describe the Third Party Claim in reasonable 

  
 27 

	 	
detail. Notwithstanding the foregoing, the failure of any Indemnitee or other Person to give notice as provided in this Section 9.3 shall not relieve the related Indemnifying Party of its
obligations under this Article 9, except to the extent, and only to the extent, that such Indemnifying Party is materially prejudiced by such failure to give notice. 

 

	 	9.3.2	An Indemnifying Party may elect (but shall not be required) to defend, at such Indemnifying Party’s own expense and by such Indemnifying Party’s own counsel
(which counsel shall be reasonably satisfactory to the Indemnitee), any Third Party Claim; provided that the Indemnifying Party shall not be entitled to defend and shall pay the reasonable fees and expenses of one separate counsel for
all Indemnitees if the claim for indemnification relates to or arises in connection with any criminal action, indictment or allegation. Within forty-five (45) days after the receipt of notice from an Indemnitee in accordance with
Section 9.3.1 (or sooner, if the nature of such Third Party Claim so requires), the Indemnifying Party shall notify the Indemnitee of its election whether the Indemnifying Party will assume responsibility for defending such Third Party Claim,
which election shall specify any reservations or exceptions to its defense. After notice from an Indemnifying Party to an Indemnitee of its election to assume the defense of a Third Party Claim, such Indemnitee shall have the right to employ
separate counsel and to participate in (but not control) the defense, compromise, or settlement thereof, but the fees and expenses of such counsel shall be the expense of such Indemnitee; provided, however, in the event that
(a) the Indemnifying Party has elected to assume the defense of the Third Party Claim but has specified, and continues to assert, any reservations or exceptions in such notice or (b) the Third Party Claim involves injunctive or equitable
relief, then, in any such case, the reasonable fees and expenses of one separate counsel for all Indemnitees shall be borne by the Indemnifying Party. 

  

	 	9.3.3	If an Indemnifying Party elects not to assume responsibility for defending a Third Party Claim, or fails to notify an Indemnitee of its election as provided in
Section 9.3.2, such Indemnitee may defend such Third Party Claim at the cost and expense of the Indemnifying Party. Any legal fees and expenses incurred by the Indemnitee in connection with defending such claim shall be paid by the Indemnifying
Party at the then applicable regular rates charged by counsel, without regard to any flat fee or special fee arrangement otherwise in effect between such counsel and the Indemnitee. 

 

	 	9.3.4	 Unless the Indemnifying Party has failed to assume the defense of the Third Party Claim in accordance with the terms of this Agreement, no Indemnitee
may settle or compromise any Third Party Claim without the consent of the Indemnifying Party. If an Indemnifying Party has failed to assume the defense of the Third Party Claim within the time period specified in Section 9.3.2 above, it shall
not be a defense to any obligation to pay any amount in respect of such Third Party Claim that the Indemnifying Party was not consulted in the defense thereof, that such Indemnifying Party’s views or opinions as to the conduct of such defense
were not accepted or adopted, that such Indemnifying 

  
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Party does not approve of the quality or manner of the defense thereof or that such Third Party Claim was incurred by reason of a settlement rather than by a judgment or other determination of
liability. 

  

	 	9.3.5	In the case of a Third Party Claim, no Indemnifying Party shall consent to entry of any judgment or enter into any settlement of the Third Party Claim without the
consent of the Indemnitee if the effect thereof is (a) to permit any injunction, declaratory judgment, other order or other non-monetary relief to be entered, directly or indirectly, against any Indemnitee or (b) to ascribe any fault on
any Indemnitee in connection with such defense. 

  

	 	9.3.6	Notwithstanding the foregoing, the Indemnifying Party shall not, without the prior written consent of the Indemnitee, settle or compromise any Third Party Claim or
consent to the entry of any judgment which does not include as an unconditional term thereof the delivery by the claimant or plaintiff to the Indemnitee of a written release from all Liability in respect of such Third Party Claim.

  

	9.4	Additional Matters. 

  

	 	9.4.1	Any claim on account of a Loss which does not result from a Third Party Claim shall be asserted by written notice given by the Indemnitee to the related Indemnifying
Party. Such Indemnifying Party shall have a period of thirty (30) days after the receipt of such notice within which to respond thereto. If such Indemnifying Party does not respond within such thirty (30) day period, such Indemnifying
Party shall be deemed to have refused to accept responsibility to make payment. If such Indemnifying Party does not respond within such thirty (30) day period or rejects such claim in whole or in part, such Indemnitee shall be free to pursue
such remedies as may be available to such Indemnitee as contemplated by this Agreement. 

  

	 	9.4.2	In the event of payment by or on behalf of any Indemnifying Party to any Indemnitee in connection with any Third Party Claim, such Indemnifying Party shall be
subrogated to and shall stand in the place of such Indemnitee as to any events or circumstances in respect of which such Indemnitee may have any right, defense or claim relating to such Third Party Claim against any claimant or plaintiff asserting
such Third Party Claim or against any other Person. Such Indemnitee shall cooperate with such Indemnifying Party in a reasonable manner, and at the cost and expense of such Indemnifying Party, in prosecuting any subrogated right, defense or claim.

  

	 	9.4.3	 In the event of an Action in which the Indemnifying Party is not a named defendant, if either the Indemnitee or Indemnifying Party shall so request,
the Parties shall endeavor to substitute the Indemnifying Party for the named defendant or otherwise hold the Indemnifying Party as party thereto, if at all practicable. If such substitution or addition cannot be achieved for any reason or is not
requested, the named defendant shall allow the Indemnifying Party to manage the Action as set forth in this Section, and the Indemnifying Party shall fully indemnify the named defendant against all costs of defending the Action

  
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(including court costs, sanctions imposed by a court, attorneys’ fees, experts’ fees and all other external expenses), the costs of any judgment or settlement, and the cost of any
interest or penalties relating to any judgment or settlement with respect to such Third Party Claim. 

  

	9.5	Remedies Cumulative. The remedies provided in this Article 9 shall be cumulative and, subject to the provisions of Article 7, shall not preclude assertion
by any Indemnitee of any other rights or the seeking of any and all other remedies against any Indemnifying Party. 

  

	9.6	Survival of Indemnities. The indemnity contained in this Article 9 shall remain operative and in full force and effect, regardless of (a) any
investigation made by or on behalf of any Indemnitee; and (b) the knowledge by the Indemnitee of Liabilities for which it might be entitled to indemnification or contribution hereunder. The rights and obligations of each Party and their
respective Indemnitees under this Article 9 shall survive the termination of any license granted hereunder. 

  

	9.7	Intellectual Property. Notwithstanding the foregoing Sections 9.1 through 9.6, in the event and to the extent that any Third Party Claim relates to or may
affect or otherwise impair either Party’s or a Third Party’s ownership of or rights in or the validity or enforceability of or rights to use Intellectual Property hereunder, the prosecution and defense of such aspects of such Third Party
Claim shall be governed by Article 12 and Article 13 to the extent that such Article addresses such prosecution or defense. 

 10. LIMITATIONS ON LIABILITY 
  

	10.1	Consequential Damages Waiver. NOTWITHSTANDING ANY OTHER PROVISION OF THIS AGREEMENT TO THE CONTRARY, IN NO EVENT WILL EITHER PARTY (OR WITH RESPECT TO THE
COMPANY, ANY COMPANY LICENSEES AND WITH RESPECT TO PFIZER, ANY PFIZER LICENSORS) BE LIABLE FOR ANY SPECIAL, INCIDENTAL, INDIRECT, COLLATERAL, CONSEQUENTIAL OR PUNITIVE DAMAGES OR LOST PROFITS SUFFERED BY AN INDEMNITEE, HOWEVER CAUSED AND ON ANY
THEORY OF LIABILITY, IN CONNECTION WITH ANY DAMAGES ARISING HEREUNDER, PROVIDED, HOWEVER, THAT TO THE EXTENT AN INDEMNITEE IS REQUIRED TO PAY ANY SPECIAL, INCIDENTAL, INDIRECT, COLLATERAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES OR
LOST PROFITS TO A PERSON WHO IS NOT THE OTHER PARTY OR AN AFFILIATE OF THE OTHER PARTY IN CONNECTION WITH A THIRD PARTY CLAIM, SUCH DAMAGES WILL CONSTITUTE DIRECT DAMAGES AND NOT BE SUBJECT TO THE LIMITATION SET FORTH IN THIS ARTICLE 10.

 11. INSURANCE 
  

	11.1	 Obligations to Maintain Insurance. The Company shall maintain during the Term and for five (5) years after termination or expiration
of this Agreement, commercial general liability insurance from a minimum “A-” AM Best rated insurance company, including contractual liability and product liability or clinical trials, if applicable, with coverage limits of as set forth on
Schedule 11.1. 

  
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The Company has the right to provide the total limits required by any combination of primary and umbrella/excess coverage. Each such insurance policy shall name Pfizer and its Affiliates as
additional insured and provide a waiver of subrogation in favor of Pfizer and its Affiliates. Such insurance policies shall be primary and non-contributing with respect to any other similar insurance policies available to Pfizer or its Affiliates.
The Company shall be responsible for its own deductibles or retentions. For clarity, the minimum level of insurance set forth herein shall not be construed to create a limit on the Company’s liability hereunder. 

 

	11.2	Policy Notification. The Company shall provide Pfizer with original certificates of insurance (which, for clarity, may be provided in electronic form)
evidencing the insurance requirements set forth in Section 11.1 (a) prior to execution by both Parties of this Agreement, and (b) on an annual basis. Pfizer shall be provided at least thirty (30) days (ten (10) days in the
case of cancellation for non-payment of premium) written notice prior to cancellation, termination, or any material change to restrict the coverage or reduce the limits afforded. 

12. INTELLECTUAL PROPERTY RIGHTS 
  

	12.1	Ownership of Licensed IP and New Shared Commercial Product Patent Rights. 

 

	 	12.1.1	Licensed IP. Subject to Section 12.1.2, as between the Pfizer Licensors and the Company Licensees, the Pfizer Licensors shall own and retain all
right, title, and interest in, to, and under all Licensed IP. 

  

	 	12.1.2	New Shared Commercial Product Patent Rights and New Biopharma Patent Rights. Notwithstanding Section 12.1.1, as between the Pfizer Licensors and the
Company Licensees, (a) a Company Licensee shall own and retain all right, title, and interest in, to, and under all New Shared Commercial Product IP and New Biopharma Product IP that relates exclusively to the Company Field, and (b) a
Pfizer Licensor shall own and retain all right, title and interest in, to and under all other New Shared Commercial Product IP and New Biopharma IP. 

  

	 	12.1.3	 Assignment. In the event that any Pfizer Licensor or Company Licensee (as applicable), or any of its Affiliates or Sublicensees, has been
assigned or otherwise obtains or has ownership of any Licensed IP or New Shared Commercial Product IP or New Biopharma IP in contravention of Section 12.1.1 or 12.1.2 (as applicable), such Pfizer Licensor or Company Licensee (as applicable)
hereby assigns, and shall cause its Affiliates and Sublicensees (as applicable) to assign, to the applicable Company Licensee or Pfizer Licensor its entire right, title, and interest in, to, and under such Patent Rights and/or Know-How and hereby
waives, and shall cause its Affiliates and Sublicensees to waive, any ownership in the foregoing if such assignment does not take effect immediately for any reason. Each Pfizer Licensor and Company Licensee (as applicable) shall, and shall cause its
applicable Affiliates and Sublicensees to, execute any and all assignments and other documents necessary to perfect or 

  
 31 

	 	
record the applicable Pfizer Licensor’s or Company Licensee’s (or if specified by such Pfizer Licensor or Company Licensee, its Affiliate’s) right, title, and interest in, to, and
under such Patent Rights and Know-How. Each Pfizer Licensor and Company Licensee further agrees to execute, and cause its applicable Affiliates and Sublicensees to execute, all further documents and assignments and do all such further things as may
be necessary to perfect the applicable Pfizer Licensor’s or Company Licensee’s (as applicable) (or if specified by such Pfizer Licensor or Company License, its Affiliate’s) title to such Patent Rights and Know-How or to register the
applicable Pfizer Licensor or Company Licensee (as applicable) (or if specified by such Pfizer Licensor or Company Licensee, its Affiliate) as the exclusive owner of any applicable registrable rights. 

13. PROSECUTION AND MAINTENANCE 
  

	13.1	Patent Filing, Prosecution, and Maintenance. 

  

	 	13.1.1	Shared Commercial Product Patent Rights and Biopharma Patent Rights. As between the Parties and, subject to Section 13.1.4, the Pfizer Licensors
shall have the sole right and authority (but not the obligation) to prepare, file, prosecute (including conduct any oppositions, interferences, reissue proceedings, reexaminations, and post-grant proceedings), and maintain (such activities, the
“Prosecution Activities”) the Shared Commercial Product Patent Rights, Biopharma Patent Rights, and to the extent owned by a Pfizer Licensor, the New Shared Commercial Product Patent Rights and New Biopharma Patent Rights, in any
country or regulatory jurisdiction in the Territory. For purposes of this Agreement, the Prosecution Activities shall include the right to determine whether or not to file an application for Patent Rights on any Licensed IP. Notwithstanding the
foregoing, in the event that a Company Licensee would like to file new applications for the New Shared Commercial Product Patent Rights and New Biopharma Patent Rights that a Pfizer Licensor owns in accordance with Section 12.1.2(b), such
Company Licensee shall notify such Pfizer Licensor in writing and such Company Licensee and such Pfizer Licensor shall discuss an appropriate mechanism for filing and prosecuting such Patent Rights (subject to such Pfizer Licensor’s consent
with respect thereto, not to be unreasonably withheld or delayed). 

  

	 	13.1.2	 New Shared Commercial Product Patent Rights and New Biopharma Patent Rights Owned by the Company Licensees. As between the Parties, upon
providing its corresponding Pfizer Licensor with written notice, each Company Licensee shall have the sole right and authority (but not the obligation) to file new applications for the New Shared Commercial Product Patent Rights and the New
Biopharma Patent Rights that such Company Licensee owns in accordance with Section 12.1.2(a) in the Territory and conduct all other Prosecution Activities with respect thereto; provided that, such Company Licensee shall provide
notice to such Pfizer Licensor thirty (30) days prior to the filing of any such new application and after a request by and 

  
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	 	consultation with such Pfizer Licensor, such Company Licensee shall modify the scope or delay the filing (as applicable) of any such New Shared Commercial Product
Patent Rights and New Biopharma Patent Rights (as applicable) if such Pfizer Licensor believes, in its good faith, sole discretion, that the requested scope of such New Shared Commercial Product Patent Rights or New Biopharma Patent Rights or timing
proposed by such Company Licensee may adversely affect Patent Rights (including Patent Rights that have not been filed) that relate to research, development, manufacture or commercialization being conducted by or on behalf of any Pfizer Licensor or
its Affiliates (including by, with or through a Third Party). 

  

	 	13.1.3	Costs and Expenses. As between the Parties, each Company Licensee shall be responsible for (i) fifty percent (50%) of all reasonable costs and
expenses (including all out-of-pocket costs and expenses and FTE Costs) actually incurred by or on behalf of the applicable Pfizer Licensor and its Affiliates in connection with the Prosecution Activities for all Shared Commercial Product Patent
Rights and Biopharma Patent Rights in the Territory (and, for clarity, such Pfizer Licensor shall be responsible for the remaining fifty percent (50%) of such costs and expenses) and (ii) all costs and expenses actually incurred by or on
behalf of such Company Licensee and its Affiliates in connection with the Prosecution Activities for any New Shared Commercial Product Patent Rights or New Biopharma Patent Rights that such Company Licensee owns in accordance with
Section 12.1.2(a). Notwithstanding the foregoing, the Company Licensees shall have the right to cease paying any such costs and expenses incurred by or on behalf of a Pfizer Licensor or any of its Affiliates in connection with the Prosecution
Activities for any Shared Commercial Product Patent Rights or Biopharma Patent Rights by providing the applicable Pfizer Licensor with written notice thereof (and following the date of such written notice, the applicable Company Licensee shall no
longer be obligated to pay such costs and expenses for such Patent Right); provided that, as of the date of such notice, (a) such Patent Rights shall be deemed to be Non-Exclusive Licensed Patent Rights for purposes of this
Agreement, (b) the license granted to the applicable Company Licensee with respect to such Patent Rights pursuant to Section 2.1 shall convert to a non-exclusive license and (c) pharmaceutical products that are Covered by such Patent
Rights shall continue to be Licensed Products as if such pharmaceutical products would have been Licensed Products had such assignment not occurred and all obligations of such Company Licensee hereunder with respect to such Licensed Product shall
continue. 

  

	 	13.1.4	 Prosecution Requests. Each Pfizer Licensor shall reasonably consider any request by the applicable Company Licensee that such Pfizer
Licensor or any of its Affiliates file or continue to prosecute any Shared Commercial Product Patent Rights or Biopharma Patent Rights (excluding any Non-Exclusive Licensed Patent Rights) in a specific country or regulatory jurisdiction in the
Territory; provided that such Pfizer Licensor may grant such request in its sole discretion and, in all instances, shall have the right, after consultation with such Company Licensee, to modify the scope or delay the filing of any such
Patent 

  
 33 

	 	
Right requested by such Company Licensee if, in its good faith, sole discretion, such Pfizer Licensor believes the requested scope of the Patent Right or timing proposed by such Company Licensee
may adversely affect Patent Rights (including Patent Rights that have not been filed) that relate to research, development, manufacture or commercialization being conducted by or on behalf of Pfizer or its Affiliates (including by, with or through a
Third Party). 

  

	 	13.1.5	Material Communications. 

  

	 	(a)	With respect to Shared Commercial Product Patent Rights and Biopharma Patent Rights (excluding any Non-Exclusive Licensed Patent Rights), the applicable Pfizer Licensor
shall provide the applicable Company Licensee with a copy of any material communications from, and drafts of any material filings or responses to, the patent authorities in the applicable countries or regulatory jurisdictions, regarding such Patent
Rights, reasonably prior to submission thereof to allow such Company Licensee an opportunity to review and comment thereon (and such Pfizer Licensor shall reasonably consider any such comments made by such Company Licensee, subject to such Pfizer
Licensor’s final decision-making authority). 

  

	 	(b)	With respect to New Shared Commercial Product Patent Rights and New Biopharma Patent Rights that are owned by a Company Licensee in accordance with
Section 12.1.2(a), such Company Licensee shall provide its corresponding Pfizer Licensor with a copy of any material communications from, and drafts of any material filings or responses to, the patent authorities in the applicable countries or
regulatory jurisdictions, regarding such Patent Rights, reasonably prior to submission thereof to allow such Pfizer Licensor an opportunity to review and comment thereon (and such material communications, filings and responses shall be subject to
such Pfizer Licensor’s approval, not to be unreasonably withheld). Such Pfizer Licensor shall provide any comments with respect to such communications, filings and responses to such Company Licensee as soon as reasonably practicable and such
Company Licensee shall incorporate all such comments made by such Pfizer Licensor. In the event of a dispute between such Company Licensee and such Pfizer Licensor regarding such comments, such Pfizer Licensor shall have final decision-making
authority. 

  

	 	13.1.6	 Delegation of Prosecution Activities and Assignment of Patent Rights. Upon written notice to the applicable Company Licensee, such Pfizer
Licensor shall have the right to (in its sole discretion) delegate such Prosecution Activities for, or assign, such Patent Rights, to such Company Licensee in accordance with this Section 13.1.6; provided that, if such Pfizer
Licensor has decided to forego paying for any such costs or expenses and such Company Licensee agrees to assume all costs and expenses incurred by or on behalf of itself and its Affiliates by promptly providing such Pfizer Licensor with written

  
 34 

	 	
notice thereof (which shall be provided within no less than ten (10) Business Days of the applicable notice from such Pfizer Licensor), then such Pfizer Licensor shall no longer be obligated
to pay such costs and expenses for such Patent Rights following the date of such written notice from such Company Licensee. In the event that such Company Licensee refuses to assume such costs and expenses, such Pfizer Licensor shall have the right
to forego prosecution and maintenance of, and abandon, the applicable Patent Rights. For clarity, such Pfizer Licensor shall have the right to abandon any patent application in its sole discretion without delegating or assigning such patent
application and shall not be obligated to pay any further costs or expenses, if it has obtained allowance or grant of a patent in the relevant country or regulatory jurisdiction Covering the relevant Licensed Product or has another patent
application pending in such country or regulatory jurisdiction in which such coverage will be pursued. 

  

	 	(a)	If the applicable Pfizer Licensor delegates to the applicable Company Licensee its rights and obligations to conduct the Prosecution Activities with respect to any
Patent Rights in accordance with this Section 13.1.6, such Company Licensee shall perform such activities on such Pfizer Licensor’s behalf (including by using an in-house counsel or outside counsel reasonably acceptable to such Pfizer
Licensor). Following such a delegation, such Company Licensee shall provide such Pfizer Licensor with a copy of any material communications from, and drafts of any material filings or responses to, the patent authorities in the applicable countries
or regulatory jurisdictions, regarding such Patent Rights, reasonably prior to submission to allow such Pfizer Licensor an opportunity to review and comment thereon. Such Company Licensee shall incorporate all such comments made by or on behalf of
such Pfizer Licensor. In the event of a dispute between such Pfizer Licensor and such Company Licensee regarding such comments, such Pfizer Licensor shall have final decision-making authority. 

 

	 	(b)	If the applicable Pfizer Licensor assigns any such Patent Rights to the applicable Company Licensee (any such assigned Patent Rights, the “Assigned Patent
Rights”), such Patent Rights shall no longer be Shared Commercial Product Patent Rights or Biopharma Patent Rights (as applicable) hereunder and such Company Licensee hereby grants such Pfizer Licensor a license to such Assigned Patent
Rights, which license shall be exclusive (including as to such Company Licensee and its Affiliates) for all uses in the Pfizer Field and non-exclusive for all uses in the Company Field (excluding those uses within the scope of such Company
Licensee’s exclusive license granted pursuant to Section 2.1) throughout the Territory. 

  

	 	(c)	 If, following any such delegation of Prosecution Activities for, or assignment of, Patent Rights, the applicable Company Licensee elects to forego
prosecution or maintenance of such Patent Rights (including because such Company Licensee no longer would like to pay the costs 

  
 35 

	 	
and expenses associated therewith), such Company Licensee shall provide the applicable Pfizer Licensor written notice of such determination at least forty-five (45) days before any deadline
for taking action to avoid abandonment (or other loss of rights) and such Pfizer Licensor shall have the right to (A) allow such Company Licensee to forego prosecution or maintenance of such Patent Rights or (B) with respect to the
Assigned Patent Rights, be assigned such Company Licensee’s entire right, title and interest in, to and under the applicable Patent Right. In the event that an Assigned Patent Right is assigned to such Pfizer Licensor pursuant to the foregoing
sentence, such Company Licensee shall be granted a license that is commensurate in scope with the license granted pursuant to Section 2.1, except (X) that such license shall be non-exclusive and the applicable Patent Right shall be deemed
to be a Non-Exclusive Licensed Patent Right and (Y) pharmaceutical products that are Covered by such Patent Right shall continue to be Licensed Products if such pharmaceutical products would have been Licensed Products had such assignment not
occurred and all obligations of such Company Licensee hereunder with respect to such Licensed Product shall continue. 

  

	 	13.1.7	Cooperation in Prosecution Activities. Upon the request of the Party that is responsible for the Prosecution Activities in accordance with this
Section 13.1 (the “Prosecuting Party”), the other Party shall provide such Prosecuting Party with reasonable assistance and cooperation with respect to such Prosecution Activities, including providing any necessary powers of
attorney, filings and any other assignment documents or instruments for such prosecution. 

  

	 	13.1.8	Orange Book and Green Book Listings. Each Company Licensee shall have sole responsibility for, and control with respect to, the content and submission of
its Green Book Filings for any Licensed Products that it is commercializing, and each Pfizer Licensor shall have sole responsibility for, and control with respect to, the content and submission of its Orange Book Filings for any Licensed Products
that it is commercializing. Notwithstanding the foregoing, in the event that a Company Licensee or any of its Affiliates are developing or commercializing (including by, with or through a Third Party) a Licensed Product that is Covered by a Shared
Commercial Product Patent Right or a Biopharma Patent Right that also Covers a Licensed Product that is being researched, developed, manufactured or commercialized by or on behalf of a Pfizer Licensor or its Affiliates (including by, with or through
a Third Party), upon the applicable Pfizer Licensor’s reasonable request, the Parties shall meet to discuss the content and submission of such Company Licensee’s Green Book Filing and such Pfizer Licensor’s Orange Book Filing and such
filings shall be subject to such Pfizer Licensor’s review and approval (not to be unreasonably withheld). 

  

	 	13.1.9	 Patent Term Extensions. Each applicable Company Licensee may request that the applicable Pfizer Licensor file, or allow such Company
Licensee to file, 

  
 36 

	 	
patent term extensions with respect to any Shared Commercial Product Patent Rights or Biopharma Patent Rights, and such Pfizer Licensor shall reasonably consider such request and may grant such
request in its sole discretion. Notwithstanding anything to the contrary, the applicable Pfizer Licensor shall have the sole right and authority (but not the obligation) to make decisions regarding patent term extensions (including whether to file
for any supplementary protection certificates and any other extensions that are available) with respect to the applicable Shared Commercial Product Patent Rights or Biopharma Patent Rights. 

 

	 	13.1.10	No Additional Obligations. This Agreement shall not obligate either Party to disclose to the other Party, or maintain, register, prosecute, pay for,
enforce or otherwise manage any Intellectual Property, except as expressly set forth herein. 

  

	13.2	Third Party Infringements and Other Violations. 

  

	 	13.2.1	Notice. Each Party shall promptly notify the other Party in writing (each such notice, an “Infringement Notice”) upon learning of any
actual or threatened infringement, misappropriation, or other violation or challenge to the validity, scope, or enforceability of, or the Company’s or Pfizer’s rights in, any Licensed IP of which it has Knowledge, including, for clarity,
any Paragraph IV Certifications (“Third Party Infringement”); provided that the applicable Pfizer Licensor shall only be required to provide an Infringement Notice to the applicable Company Licensee if the Third Party
Infringement relates to Licensed IP exclusively licensed to the applicable Company Licensee pursuant to this Agreement. 

  

	 	13.2.2	 Pfizer Enforcement Rights. As between the Parties, the applicable Pfizer Licensor shall have the sole right and authority (but not the
obligation) to control enforcement of the Licensed IP and Assigned Patent Rights (to the extent such Pfizer Licensor is exclusively licensed such Assigned Patent Rights with respect to the applicable Third Party Infringement) against any Third Party
Infringement, except such Pfizer Licensor shall not have such rights with respect to any Shared Commercial Product Patent Rights or Biopharma Patent Rights with respect to which such Pfizer Licensor ceased paying any costs or expenses incurred in
connection with the Prosecution Activities for such Patent Rights pursuant to Section 13.1.6; provided that, with respect to any such Shared Commercial Product Patent Rights or Biopharma Patent Rights, such Pfizer Licensor shall
be entitled to control such enforcement if it notifies the applicable Company Licensee of its intention at least fifteen (15) days before commencing such enforcement and agrees at or prior to the time of such notification to pay to such Company
Licensee (within forty-five (45) days after receiving invoice with supporting documentation) fifty percent (50%) of the 

  
 37 

	 	
reasonable out-of-pocket costs and expenses (including any out-of-pocket costs and expenses and FTE Costs) actually incurred by such Company Licensee (or its applicable Affiliates) in connection
with the Prosecution Activities conducted by such Company Licensee (or its applicable Affiliates) with respect to such Patent Rights beginning on the date that such Pfizer Licensor ceased paying such costs or expenses pursuant to Section 13.1.6
to the extent such Pfizer Licensor or its Affiliates have not already paid such costs and expenses. At any time during the Term, the applicable Company Licensee may request that the applicable Pfizer Licensor enforces any Licensed IP against any
Third Party Infringement (except with respect to New Shared Commercial Product Patent Rights), and such Pfizer Licensor shall reasonably consider such request and grant such request in its sole discretion. 

 

	 	13.2.3	Company Right of Enforcement. As between the Parties, a Company Licensee shall have the sole right and authority (but not the obligation) to control
enforcement in the Company Field of any (a) New Shared Commercial Product Patent Rights or New Biopharma Patent Rights that are owned by such Company Licensee in accordance with Section 12.1.2(a), (b) Assigned Patent Rights assigned
to such Company Licensee, and (c) Patent Rights for which Prosecution Activities have been delegated to such Company Licensee and with respect to which the applicable Pfizer Licensor ceased paying any costs or expenses in connection with such
Prosecution Activities pursuant to Section 13.1.6. Prior to commencing any Action in connection therewith that is outside or directly affects the Pfizer Field, such Company Licensee shall consult with such Pfizer Licensor (unless the delay
associated with doing so would result in the loss of rights) and consider such Pfizer Licensor’s recommendations regarding such Action. 

  

	 	13.2.4	 Settlement. The Pfizer Licensor or Company Licensee controlling enforcement of the Licensed IP, the Assigned Patent Rights, the New
Shared Commercial Product Patent Rights or the New Biopharma Patent Rights (as applicable) against any Third Party Infringement in the Company Field (the “Controlling Party”) (a) shall provide the applicable Company Licensee or
Pfizer Licensor (respectively) (the “Non-Controlling Party”) with timely notice of any proposed settlement pertaining thereto that the Controlling Party enters into and (b) shall not, without prior written consent of the
Non-Controlling Party (not to be unreasonably withheld), settle, or stipulate to any facts, or make any admission that would (i) adversely affect the validity, enforceability, or scope of, or admit non-infringement of, any of the Licensed IP,
New Shared Commercial Product Patent Rights, the New Biopharma Patent Rights or Assigned Patent Rights (as applicable), (ii) impose liability on the Non-Controlling Party or its Affiliates, or (iii) grant to a Third Party a license or
covenant not to sue under, or adversely affect the validity, enforceability, or scope of, or admit non-infringement of, any Intellectual Property that the Non-Controlling Party or its Affiliates owns or to which the Non-Controlling Party or its
Affiliates otherwise have rights. In addition, a Pfizer Licensor, in controlling enforcement of a Third Party Infringement Action outside of the 

  
 38 

	 	
Company Field, shall not, without prior written consent of the applicable Company Licensee (not to be unreasonably withheld), settle, or stipulate to any facts, or make any admission that would
(x) give rise to liability of the applicable Company Licensee or its Affiliates, or (y) grant to a Third Party a license or covenant not to sue under or with respect to any Intellectual Property that the applicable Company Licensee or its
Affiliates owns or to which the applicable Company Licensee or its Affiliates otherwise have rights, which license or covenant conflicts with the licenses to the applicable Company Licensee under this Agreement. 

 

	 	13.2.5	Assistance. At the request of the Controlling Party, the Non-Controlling Party shall provide reasonable assistance to the Controlling Party with respect
to its enforcement of any Patent Rights or Know-How licensed hereunder against any Third Party Infringement, including by joining any related Action and executing all papers and performing such other acts as may be reasonably required to permit the
Controlling Party to commence or prosecute such Action. The Controlling Party shall reimburse the Non-Controlling Party’s reasonable out-of-pocket costs and expenses actually incurred in connection therewith; provided that the
Non-Controlling Party shall bear its own costs and expenses in connection therewith if the enforcement Action involves (a) where a Company Licensee is the Non-Controlling Party, a Third Party Infringement in the Company Field, or (b) where
a Pfizer Licensor is the Non-Controlling Party, a Third Party Infringement in the Pfizer Field. The Non-Controlling Party shall have the right to be represented in any such Action in which it is a party by independent counsel (which shall act in an
advisory capacity only, except for matters solely directed to such Pfizer Licensor or Company Licensee) of its own choice and at its own expense. 

  

	 	13.2.6	Recoveries. Any recoveries resulting from an Action relating to the enforcement of any Patent Rights or Know-How exclusively licensed to a Pfizer Licensor
or Company Licensee hereunder against any Third Party Infringement shall first be applied against payment of each Party’s and its Affiliates’ reasonable out-of-pocket costs and expenses actually incurred in connection therewith, with any
remaining amounts distributed to (a) the Company or its designated Affiliate to the extent that such recovery concerned a Third Party Infringement with respect to the Company Field and (b) Pfizer or its designated Affiliate to the extent
that such recovery concerned a Third Party Infringement with respect to the Pfizer Field. 

  

	13.3	Defense Actions. 

  

	 	13.3.1	Notice. Each Party (the “Notifying Party”) shall promptly notify the other Party in writing upon learning of any allegation by a Third
Party that any Patent Rights or Know-How is infringed, misappropriated, or otherwise violated by either Party’s exercise of its rights or performance of its obligations hereunder (each a “Defense Action”).

  
 39 

	 	13.3.2	Right of Defense. As between the Parties, if a Defense Action is brought against a Party or any of its Affiliates (including with respect to Pfizer, the
Pfizer Licensors and their Affiliates and with respect to the Company, the Company Licensees and their Affiliates), such Party shall control such Defense Action. The Party that controls a Defense Action in accordance with this Section 13.3.2
shall keep the other Party reasonably informed of the status of such Defense Action and the other Party shall reasonably cooperate in connection therewith. The Party that controls a Defense Action may not settle, or stipulate to any facts, or make
any admission with respect to, a Defense Action without the other Party’s prior written consent; provided that, such consent shall not be required to the extent that the settlement does not (a) adversely affect the validity,
enforceability, or scope of, or admit non-infringement of, any of the Licensed IP or Assigned Patent Rights (as applicable), (b) give rise to liability of such other Party or any of its Affiliates or with respect to the Company, Sublicensees,
or (c) grant to a Third Party a license or covenant not to sue under, or with respect to, any Intellectual Property that the other Party or any of its Affiliates owns or to which the other Party or any of its Affiliates otherwise has rights.

  

	13.4	Liability. Neither Party, nor its Affiliates (including, with respect to Pfizer, the Pfizer Licensors and, with respect to the Company, the Company
Licensees), nor its or their employees, agents, or representatives, shall be liable to the other Party or any of its Affiliates in respect of any good faith act, omission, default, or neglect of such Party, any of its Affiliates, or its or their
employees, agents, or representatives in connection with the Prosecution Activities or Actions with respect to Third Party Infringements that it performs hereunder and that has not resulted from its or its Affiliates’ or its or their
directors’, employees’, officers’, shareholders’, agents’, successors’, and assigns’ bad faith and each Party, on behalf of itself, its Affiliates, and its and their respective directors, employees, officers,
shareholders, agents, successors, and assigns, hereby waives any and all Actions that they may have against the other Party, any of its Affiliates or its or their employees, agents, or representatives that may arise or result from such other
Party’s or its Affiliates’ performance of the Prosecution Activities and Actions with respect to Third Party Infringements. 

  

	13.5	Encumbrances. Notwithstanding anything to the contrary, the Parties’ rights and obligations set forth in this Article 13 shall be subject to the
terms of any agreement with respect to the Encumbrances. 

 14. PATENT MARKING 

 

	14.1	Patent Marking. Upon a Pfizer Licensor’s request, the applicable Company Licensee shall, and shall cause its Affiliates and Sublicensees to, mark
Licensed Products sold by, or on behalf of such Company Licensee, its Affiliates and its Sublicensees, hereunder (in a reasonable manner consistent with industry custom and practice, including by use of other substantially equivalent ways of
providing notice under any Applicable Laws) with appropriate patent numbers or indicia to the extent permitted by Applicable Law, in those countries or regulatory jurisdictions in the Territory in which such markings or such notices impact
recoveries of damages or equitable remedies available with respect to infringements or other violations of Patent Rights. 

  
 40 

 15. TRADEMARKS 

 

	15.1	Trademarks. Subject to the terms hereof, neither the Company Licensees, on the one hand, nor the Pfizer Licensors, on the other hand, shall use the
Trademarks of Pfizer or any of Pfizer’s Affiliates or the Company or any of the Company’s Affiliates in any product, packaging, advertising, marketing, or other form of promotional disclosure without prior written consent of Pfizer or any
of its Affiliates or unless otherwise expressly permitted under the Global Separation Agreement or any other Ancillary Agreement. Pfizer hereby acknowledges that it does not receive any right or license hereunder to any of the Trademarks of the
Company or any of its Affiliates, except as expressly set forth herein. 

 16. TERM; TERMINATION

  

	16.1	 Term. The term of this Agreement (the “Term”) shall (a) with respect to each Patent Right that is included in the
Shared Commercial Product Patent Rights, the Biopharma Patent Rights and all other New Commercial Patent Rights and New Biopharma Patent Rights, expire upon expiration of the last to expire of such Patent Rights, (b) with respect to Third Party
IP that is licensed to Pfizer or a Pfizer Licensor pursuant to a Third Party Agreement and sublicensed hereunder, expire upon expiration or termination of such Third Party Agreement with respect to such Third Party IP and (c) with respect to
Licensed Know-How that is licensed pursuant to Section 2.1, expire upon the thirtieth (30th) anniversary of the Effective Date. Upon expiration of this Agreement in its entirety, the licenses granted pursuant to Section 2.1 to all Licensed Know-How that is owned and Controlled by a
Pfizer Licensor shall convert to perpetual licenses that survive such expiration. Except as otherwise expressly set forth in Section 16.2, this Agreement may not be terminated unless agreed to in writing by the Parties.

  

	16.2	Termination. 

  

	 	16.2.1	Termination for Cause. Either Party shall have the right, without prejudice to any other remedies available to it at law or in equity, to terminate this
Agreement in its entirety in the event that the other Party is in material breach of this Agreement and fails to cure such material breach within sixty (60) days of duly given notice thereof (including because such breach is incapable of being
cured); provided that, if such breach is capable of being cured, but cannot be cured within such sixty (60) day period, and the breaching Party initiates actions to cure such breach within such sixty (60) day period and
thereafter diligently pursues such actions, the breaching Party shall have such additional period as is reasonable to cure such breach. 

  

	 	16.2.2	 Certain Immediate Termination Events. Except to the extent expressly waived or consented to in writing by a Party (in its sole
discretion), this Agreement shall terminate immediately and without any requirement for notice 

  
 41 

	 	
to the other Party upon the event of: (i) the failure to pay when due and payable any principal, interest, or any other amount in excess of One Million U.S. Dollars ($1,000,000) in respect
of any Company Material Indebtedness or Pfizer Material Indebtedness; (ii) any event of default with respect to any Company Material Indebtedness or Pfizer Material Indebtedness; (iii) any other event or condition that results in any
Company Material Indebtedness or Pfizer Material Indebtedness becoming due prior to its scheduled maturity or that enables or permits (with or without the giving of notice, the lapse of time or both) the holder or holders of any Company Material
Indebtedness or Pfizer Material Indebtedness or any trustee or agent on its or their behalf to cause any Company Material Indebtedness or Pfizer Material Indebtedness to become due, or to require the prepayment, repurchase, redemption or defeasance
thereof, prior to its scheduled maturity; (iv) the Company or Pfizer being authorized (whether by its board of directors or such other Person having authority to direct the Company or Pfizer, respectively) to commence or institute any
bankruptcy, receivership, insolvency, reorganization or other similar proceedings under any bankruptcy, insolvency, or other similar law now or hereinafter in effect, including any section or chapter of the United States Bankruptcy Code (as may be
amended, the “Bankruptcy Code”) or under any similar laws or statutes of the United States or any state thereof or of any jurisdiction (whether or not in the United States) having authority or jurisdiction over the assets of such
Party or in which such Party may operate or have assets; (v) the commencement or institution of any bankruptcy, receivership, insolvency, reorganization or other similar proceedings by or against a Party under any bankruptcy, insolvency, or
other similar law now or hereinafter in effect, including any section or chapter of the Bankruptcy Code or under any similar laws or statutes of the United States or any state thereof or of any jurisdiction (whether or not in the United States)
having authority or jurisdiction over the assets of such Party or in which such Party may operate or have assets; (vi) the institution of any reorganization, restructuring, arrangement, or other readjustment of debt plan of a Party not
involving the Bankruptcy Code; (vii) the appointment of a receiver, trustee, or similar party for all or substantially all of a Party’s assets related to this Agreement or that are provided to such Party pursuant to the terms hereof; or
(viii) any corporate action taken by the board of directors of a Party or such other Person having authority to direct such Party in furtherance of any of the foregoing (i) through (vii). 

 

	 	16.2.3	The Company’s Right to Terminate Without Cause. Upon sixty (60) days written notice, the Company may terminate this Agreement on a
Patent-by-Patent or Know-How-by-Know-How basis or in its entirety without cause. 

  

	 	16.2.4	 Pfizer Termination of Third Party Agreements. In the event that any Pfizer Licensor decides to terminate any Third Party Agreement
sublicensed to a Company Licensee under this Agreement, it will so advise such Company Licensee in writing at least thirty (30) days in advance of the effective date of such termination so that such Company Licensee and its Affiliates shall
have the opportunity to provide Pfizer with prompt written notice (which shall be 

  
 42 

	 	
provided no later than fifteen (15) days after such Pfizer Licensor provides such Company Licensee with notice of such termination) that such Company Licensee and its Affiliates would like
to be assigned such Third Party Agreement and/or the applicable Pfizer Licensor’s and its Affiliates’ rights and obligations thereunder, in each case, to the extent necessary to continue to any development or commercialization activities
being conducted as of the date of Pfizer’s notice of such termination. Upon receipt of such written notice from such Company Licensee, such Pfizer Licensor shall reasonably cooperate with such Company Licensee in connection with having such
Third Party Agreement or rights or obligations thereunder assigned to such Company Licensee; provided that, in no event will such Pfizer Licensor or any of its Affiliates be obligated to breach such agreement or offer to pay, or pay,
any money or offer to incur, or incur, any non-monetary obligations to satisfy any such preconditions unless such Company Licensee first agrees in a writing reasonably acceptable to such Pfizer Licensor to pay such consideration and undertake all
such obligations on such Pfizer Licensor’s behalf. 

  

	16.3	Effect of Expiration and Termination; Accrued Rights; Survival. 

 

	 	16.3.1	Payment. Within thirty (30) days of expiration or termination of this Agreement in part or in whole (or such later date with respect to those costs
that are incurred but cannot be reported as of such date), the Company shall pay Pfizer all amounts due to Pfizer with respect to the Licensed Product(s) as of the effective date of such expiration or termination. 

 

	 	16.3.2	Inventory. Notwithstanding anything to the contrary in this Section 16.3, if this Agreement terminates pursuant to a Company Termination Event after
the first commercial sale of a Licensed Product, the applicable Company Licensee shall have the right to sell its remaining inventory of such Licensed Product(s) so long as the Company has fully paid, and continues to pay fully when due, any and all
Third Party Payments owed to Pfizer hereunder based on such sales. For purposes of this Section 16.3, “Company Termination Event” means termination (a) by Pfizer in accordance with Section 16.2.1, (b) based on, or related to, the
Company or a Company Material Indebtedness in accordance with Section 16.2.2, or (c) in accordance with Section 16.2.3 or 16.2.4. 

  

	 	16.3.3	Accrued Rights. Upon the termination of this Agreement pursuant to a Company Termination Event, in part or in its entirety: (a) all licenses and rights
granted to the applicable Company Licensee with respect to the Intellectual Property to which such termination relates shall immediately terminate and (b) any sublicenses that have been granted to a Sublicensee with respect to the Patent Rights
or Know-How to which such termination relates shall immediately terminate. Termination of this Agreement, in part or in its entirety, shall be without prejudice to any rights which shall have accrued to the benefit of either Party prior to such
expiration and termination (as applicable). In the event of termination of this Agreement for any reason that is not a Company Termination Event, the licenses granted to the Company Licensees as of the date of such termination shall survive such
termination and all provisions to the extent related thereto shall survive, as if this Agreement with respect thereto has not terminated. 

  

	 	16.3.4	 Surviving Obligations. Without limiting any other provisions in this Article 16, the following Sections and Articles (along with the
provisions herein that expressly specify survival terms or that would, by their nature, survive termination) shall survive expiration or termination of this Agreement for any reason (collectively, the “Surviving Provisions”): 2.3,
2.4.2, 2.5, 2.6.1, 4.1 and 4.2 (each, for the period of time set forth in such Sections), 5.3 (for the period of time set forth in such Section), 6 (but only with respect to Reference Filings submitted prior to expiration or termination of the
Agreement), 7, 8.2, 9, 10, 11 (for the 

  
 43 

	 	
period of time set forth in such Section), 12, 13.4, 16.3 and 17. Without limiting any of the rights or remedies otherwise available to either Party, each Party acknowledges and agrees that each
of its obligations with respect to the Surviving Provisions shall continue, remain binding, and survive termination of this Agreement (and, without limiting the foregoing, shall not be dischargeable in any proceeding under the Bankruptcy Code or
similar proceeding); and that each of its obligations with respect to the Surviving Provisions is and shall be specifically enforceable under Applicable Law. 

 17. MISCELLANEOUS 
  

	17.1	Compliance with Laws. Neither Party nor any of their Affiliates will be required by this Agreement to take or omit to take any action in contravention of
any Applicable Law, including any applicable national and international pharmaceutical industry codes of practices. Without limiting the foregoing, and notwithstanding any other provision of this Agreement, neither Party nor any of their Affiliates
shall be required to promote or otherwise commercialize a Licensed Product, or incur any expense in connection with any activity under this Agreement, that it reasonably believes, in good faith, may violate any Applicable Law (including any
applicable national and international pharmaceutical code of practice) or “corporate integrity” or similar agreement with any Governmental Authority to which it is a party. 

 

	17.2	Assignability. For clarity, the rights, benefits, and obligations of the Company Licensees under (or relating to) this Agreement (including any licenses
or sublicenses granted pursuant to this Agreement) are personal to the Company Licensees. The Company may not assign (including in a bankruptcy or similar proceeding) or assume in a bankruptcy or similar proceeding this Agreement or any rights,
benefits, or obligations under or relating to this Agreement, in each case whether by operation of law or otherwise, without Pfizer’s prior written consent (which shall not be unreasonably withheld); provided that the Company may
assign its rights and obligations under this Agreement or any part hereof to one or more of its Affiliates, or to a successor to all or substantially all of its business and assets to which this Agreement (or part thereof that is assigned) relates,
without Pfizer’s consent. In the event of a permitted assignment, this Agreement shall be binding upon and inure to the benefit of the Parties and their respective permitted successors and permitted assigns. Any attempted assignment that
contravenes the terms of this Agreement shall be void ab initio and of no force or effect. 

  

	17.3	Governing Law. This Agreement shall be governed by and construed and interpreted in accordance with the laws of the State of New York, without regard to
the conflict of laws principles thereof that would result in the application of any Applicable Law other than the Applicable Laws of the State of New York and, to the extent applicable to Intellectual Property, the applicable federal laws of the
United States of America (without regard to conflict of laws principles). 

  
 44 

	17.4	Dispute Resolution. 

  

	 	17.4.1	General. The following procedures shall be used to resolve any dispute, controversy or claim that may arise out of or relate to, or arise under or in
connection with this Agreement or the breach, termination, or validity thereof (each, a “Dispute”): 

  

	 	(a)	Promptly after the written request of either Party (“Request”), the Senior Executives shall meet in person or by telephone to attempt to resolve any
Dispute. If, for any reason, the Senior Executives do not resolve the Dispute within thirty (30) days of receipt by a Party of such Request, then the Senior Executives shall meet in person or by telephone to review and attempt to resolve the
Dispute. 

  

	 	(b)	If, for any reason, the Senior Executives fail to resolve the Dispute within sixty (60) days of receipt by a Party of a Request in accordance with
Section 17.4.1(a), the Parties shall attempt to resolve the Dispute with the assistance of a mediator agreed upon by the Parties or, in default of such agreement, within seventy-five (75) days of receipt by a Party of a Request, at the
request of any Party, such mediator shall be appointed by the American Arbitration Association (“AAA”). The mediation shall be held in New York, New York and in accordance with the then-prevailing Commercial Mediation Rules of the
AAA. 

  

	 	(c)	All negotiations and mediation in connection with the Dispute shall be conducted in strict confidence and without prejudice to the rights of the Parties in any future
legal proceedings. Except for any Party’s right to seek interlocutory relief in the courts, no Party may commence any form of arbitration in accordance with Section 17.4.2 until twenty (20) Business Days after the appointment of a
mediator or until one hundred twenty (120) days after the receipt by a Party of a Request, whichever occurs sooner. 

  

	 	(d)	If, with the assistance of the mediator, the Parties reach a settlement, such settlement shall be reduced to writing and, once signed by a duly authorized
representative of each of the Parties, shall be and remain binding on the Parties. The Parties shall bear their own legal costs of the mediation, but the costs and expenses of the mediator and the AAA shall be borne by the Parties equally.

  

	 	17.4.2	Arbitration. 

  

	 	(a)	 All Disputes that for any reason are not timely resolved by the Parties in accordance with Sections 17.4.1(a) through 17.4.1(d) shall be finally and
exclusively resolved by binding arbitration to be administered by the AAA in accordance with the then-prevailing Commercial Arbitration Rules of the AAA (the “Rules”). The seat of the arbitration shall be in New York County, New
York. The arbitration shall be held and the award shall be issued in the English language. If the amount in controversy is Three Million US Dollars (US$3,000,000) or less (including all claims and counterclaims), there shall be one arbitrator

  
 45 

	 	
who shall be agreed upon by the Parties within twenty (20) days of receipt by respondent of a copy of the demand for arbitration. If the amount in controversy is more than Three Million US
Dollars (US$3,000,000) (including all claims and counterclaims), there shall be three (3) neutral and impartial arbitrators, one of whom shall be appointed by each of the Parties within thirty (30) days of receipt by respondent of the
demand for arbitration, and the third
(3rd) arbitrator, who shall chair the arbitral
tribunal, shall be appointed by the Party appointed arbitrators within fifteen (15) days of the appointment of the second (2nd) arbitrator. If any arbitrator is not appointed within the time limit provided herein, such arbitrator shall be
appointed by the AAA in accordance with the listing, striking, and ranking procedures in the Rules. Any arbitrator appointed by the AAA shall be a retired judge or an attorney with no less than fifteen (15) years of experience with commercial
cases and an experienced arbitrator, who shall, if practicable, have experience with transactions or disputes related to the field of pharmaceutical development and technology and/or, if applicable, intellectual property (including Patent Rights and
trade secrets). 

  

	 	(b)	All arbitrators shall be neutral and impartial and shall not be officers or employees of either Party. The cost of the arbitration, including the fees and expenses of
the arbitrator(s), will be shared equally by the Parties. The arbitrator(s) shall have the right to award damages and other relief but will not have the authority to award any damages or remedies not available under the express terms of this
Agreement. The arbitration award will be presented to the Parties in writing and will include findings of fact and, where appropriate, conclusions of law. The award may be confirmed and enforced in any court of competent jurisdiction.

  

	 	(c)	Prior to the appointment of the arbitral tribunal, either Party may seek injunctive relief from any court of competent jurisdiction in order to enforce compliance with
the provisions of this Section 17.4.2 or otherwise in aid of arbitration or to maintain the status quo or prevent irreparable harm. The Parties hereby submit to the non-exclusive jurisdiction of the Federal and State courts located in New York,
New York (the “New York Courts”) for such purpose. Without prejudice to such provisional remedies as may be available under the jurisdiction of the New York Courts, the arbitrator(s) shall have full authority to grant provisional
remedies and to direct the Parties to request that any New York Court modify or vacate any temporary or preliminary relief issued by any such New York Court, and to award damages for the failure of any Party to respect the arbitrator’s(s’)
orders to that effect. 

  

	17.5	Specific Performance. In the event of any actual or threatened default in, or breach of, any of the terms, conditions and provisions of this Agreement,
the Party or Parties who are or are to be thereby aggrieved shall have the right to specific performance and injunctive or other equitable relief of its rights under this Agreement, in addition to any and all other rights and remedies at law or in
equity, and all such rights and remedies shall be cumulative. Any requirements for the securing or posting of any bond with such remedy are waived. 

  
 46 

	17.6	Force Majeure. No Party shall be deemed in default of this Agreement to the extent that any delay or failure in the performance of its obligations under
this Agreement results from any cause beyond its reasonable control and without its fault or negligence, such as acts of God, acts of civil or military authority, embargoes, epidemics, war, riots, insurrections, fires, explosions, earthquakes,
floods, unusually severe weather conditions, labor problems or unavailability of parts, or, in the case of computer systems, any failure in electrical or air conditioning equipment. In the event of any such excused delay, the time for performance
shall be extended for a period equal to the time lost by reason of the delay. 

  

	17.7	Advisors. It is acknowledged and agreed by each of the Parties that Pfizer, on behalf of itself and the other members of the Pfizer Group, has retained
each of the Persons identified on Schedule 11.11 to the Global Separation Agreement to act as counsel in connection with this Agreement, the Global Separation Agreement, the Ancillary Agreements, the Contribution and the other transactions
contemplated hereby and thereby and that the Persons listed on Schedule 11.11 to the Global Separation Agreement have not acted as counsel for the Company or any other member of the Company Group in connection with this Agreement, the Global
Separation Agreement, the Ancillary Agreements, the Contribution and the other transactions contemplated hereby and thereby and that none of the Company or any member of the Company Group has the status of a client of the Persons listed on Schedule
11.11 to the Global Separation Agreement for conflict of interest or any other purposes as a result thereof. The Company hereby agrees, on behalf of itself and each other member of the Company Group that, in the event that a dispute arises after the
Effective Date in connection with this Agreement, the Global Separation Agreement, the Ancillary Agreements, the Contribution and the other transactions contemplated hereby and thereby between Pfizer and the Company or any of the members of their
respective Groups, each of the Persons listed on Schedule 11.11 to the Global Separation Agreement may represent any or all of the members of the Pfizer Group in such dispute even though the interests of the Pfizer Group may be directly adverse to
those of the Company Group. The Company further agrees, on behalf of itself and each other member of the Company Group that, with respect to this Agreement, the Global Separation Agreement, the other Ancillary Agreements, the Contribution and the
other transactions contemplated hereby and thereby, the attorney-client privilege and the expectation of client confidence belongs to Pfizer or the applicable member of the Pfizer Group and may be controlled by Pfizer or such member of the Pfizer
Group and shall not pass to or be claimed by the Company or any member of the Company Group. Furthermore, the Company acknowledges and agrees that Skadden, Arps, Slate, Meagher & Flom LLP is representing Pfizer, and not the Company, in
connection with the Transactions. 

  
 47 

	17.8	Notices. All notices or other communications under this Agreement shall be in writing and shall be deemed to be duly given when (a) delivered in
person or (b) deposited in the United States mail or private express mail, postage prepaid, addressed as follows: 

 If to a Pfizer Licensor, to: 
 Pfizer Inc. 

235 East 42nd Street 
 New York, NY 10017 
 Attention: General Counsel 

with a copy to: 

If to a Company Licensee, to: 
 with a copy to: 
 Any Party may, by notice to the other Party, change the address
to which such notices are to be given. 
  

	17.9	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. 

  

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

 

	17.11	Severability. If any provision of this Agreement or the application thereof to any Person or circumstance is determined by a court of competent
jurisdiction to be invalid, void, or unenforceable, the remaining provisions hereof or the application of such provision to Persons or circumstances or in jurisdictions other than those as to which it has been held invalid or unenforceable, shall
remain in full force and effect and shall in no way be affected, impaired, or invalidated thereby, so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner adverse to any Party. Upon such
determination, the Parties shall negotiate in good faith in an effort to agree upon such a suitable and equitable provision to effect the original intent of the Parties. 

 

	17.12	Further Assurances. The Company and Pfizer hereby covenant and agree, without the necessity of any further consideration, to execute, acknowledge, and
deliver any and all such other documents and take any such other action as may be reasonably necessary or appropriate to implement this Agreement and carry out the intent and purposes of this Agreement. 

  
 48 

	17.13	Third Party Beneficiaries. Except for the indemnification rights under this Agreement of any Pfizer Indemnitee or Company Indemnitee in their respective
capacities as such and the express rights of the Company Licensees and the Pfizer Licensors set forth herein, (a) the provisions of this Agreement are solely for the benefit of the Parties and are not intended to confer upon any Person
(including employees of the Parties) except the Parties any rights or remedies hereunder, and (b) there are no Third Party beneficiaries of this Agreement and this Agreement shall not provide any third person (including employees of the
Parties) with any remedy, claim, liability, reimbursement, claim of action, or other right in excess of those existing without reference to this Agreement. 

 

	17.14	Relationship of the Parties. Nothing contained in this Agreement shall be deemed to constitute a partnership, joint venture, or legal entity of any type
between Pfizer and the Company, or to constitute one Party as the agent of the other. Moreover, each Party agrees not to construe this Agreement, or any of the transactions contemplated hereby, as a partnership for any tax purposes. Each Party shall
act solely as an independent contractor, and nothing in this Agreement shall be construed to give any Party the power or authority to act for, bind, or commit the other Party. 

 

	17.15	No Construction Against Drafter. The Parties acknowledge that this Agreement and all the terms and conditions contained herein have been fully reviewed
and negotiated by the Parties. Having acknowledged the foregoing, the Parties agree that any principle of construction or rule of law that provides that, in the event of any inconsistency or ambiguity, an agreement shall be construed against the
drafter of the agreement shall have no application to the terms and conditions of this Agreement. 

  

	17.16	Headings. The article, section, and paragraph headings contained in this Agreement are for reference purposes only and shall not affect in any way the
meaning or interpretation of this Agreement. 

  

	17.17	Interpretation. Words in the singular shall be held to include the plural and vice versa and words of one gender shall be held to include the other
genders as the context requires. The terms “hereof”, “herein” and “herewith” and words of similar import shall, unless otherwise stated, be construed to refer to this Agreement as a whole (including all of the
schedules, exhibits and appendices hereto) and not to any particular provision of this Agreement. Article, Section, Exhibit, Schedule and Appendix references are to the Articles, Sections, Exhibits, Schedules and Appendices to this Agreement unless
otherwise specified. The word “including” and words of similar import when used in this Agreement shall mean “including, without limitation”, unless the context otherwise requires or unless otherwise specified.

  
 49 

	17.18	Counterparts; Entire Agreement, Conflicting Agreements. 

  

	 	17.18.1	This Agreement may be executed in one or more counterparts, all of which shall be considered one and the same agreement, and shall become effective when one or more
counterparts have been signed by each of the Parties and delivered to the other Party. Execution of this Agreement or any other documents pursuant to this Agreement by facsimile or other electronic copy of a signature shall be deemed to be, and
shall have the same effect as, executed by an original signature. 

  

	 	17.18.2	This Agreement, the Global Separation Agreement, the Ancillary Agreements, the exhibits, the schedules, and appendices hereto and thereto contain the entire agreement
between the Parties with respect to the subject matter hereof, supersede all previous agreements, negotiations, discussions, writings, understandings, commitments and conversations with respect to such subject matter and there are no agreements or
understandings between the Parties with respect to such subject matter other than those set forth or referred to herein or therein. 

  

	 	17.18.3	If, a Pfizer Licensor and the applicable Company Licensee are parties to a Local Separation Agreement entered into prior to the Effective Date, any license of Licensed
IP pursuant to this Agreement shall be treated as occurring pursuant to such Local Separation Agreement on the effective date of such Local Separation Agreement. 

 

	 	17.18.4	Each Party hereby acknowledges on behalf of its Affiliates that this Agreement supersedes any agreement entered into by the Parties prior to the Effective Date with
respect to licensing of the Licensed IP to the Company or any other member of the Company Group. 

  

	 	17.18.5	In the event and to the extent that there shall be a conflict between the provisions of this Agreement and the provisions of the Global Separation Agreement or any
other Ancillary Agreement, this Agreement shall prevail. 

 [Signature Page Follows] 

  
 50 

 IN WITNESS WHEREOF, the Parties have executed this Agreement in duplicate originals by their
proper officers. 
  

									
	PFIZER Inc.	 		 	ZOETIS INC.
					
	By:	 	  
	 		 	By:	 	  

					
	Title:	 	  
	 		 	Title:	 	  

					
	Date:	 	  
	 		 	Date:Form of Trademark and Copyright License Agreement

 Exhibit 10.10 
 FORM OF TRADEMARK AND COPYRIGHT LICENSE AGREEMENT 

THIS TRADEMARK AND COPYRIGHT LICENSE AGREEMENT (the “Agreement”) is made effective as of [—] (the “Effective Date”), by and between Pfizer Inc., a Delaware corporation having its principal place of business at 235 E. 42nd Street, New York, New York 10017 (“Pfizer”) and
Zoetis Inc., a Delaware corporation having its principal place of business at 235 E. 42nd Street, New York, New York 10017 (the “Company”). Pfizer and the Company are sometimes referred to herein individually as a “Party” and collectively as the
“Parties.” 
 RECITALS: 
 WHEREAS, Pfizer and its applicable Affiliates own the trade names, trademarks and service marks listed in Schedule 1.1(c) and copyrights in certain policies and guidelines; 

WHEREAS, as part of the Plan of Reorganization, Pfizer and its applicable Affiliates licensed the Company and its applicable
Affiliates rights to the Licensed Marks and the Licensed Copyrighted Works (each, as defined herein); and 
 WHEREAS,
the Parties now seek to confirm the terms of those license grants and grant any additional license grants, as specified in this Agreement. 
 NOW, THEREFORE, in consideration of the mutual agreements, provisions and covenants contained in this Agreement, the Parties, intending to be legally bound, hereby agree as follows: 

1. DEFINITIONS 
  

	1.1	Definitions. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Global Separation Agreement.
For the purpose of this Agreement, the following terms shall have the following meanings: 

 “Applicable
Laws” means all applicable laws, statutes, rules, regulations, and guidelines, including all applicable standards or guidelines promulgated by any applicable Governmental Authority. 

“Company Business” means the business of discovery, research, development, manufacturing, formulation, licensing,
marketing, distribution of, and leasing and/or selling of products, including pharmaceuticals (including pesticides), nutritionals, crop pesticides and biologicals (including vaccines, biologics, antibodies, hormones, large molecule therapeutics,
proteins and peptides), diagnostic products, biodevices, genetic tests and services solely to the extent applicable to non-human animals for the Company Field, in each case, as conducted as of the Effective Date, but excluding all of the other
products, services or businesses of Pfizer or any of its Affiliates, including Pfizer’s human pharmaceutical, consumer health and nutrition businesses. 

 “Company Field” means the diagnosis, prevention, palliation, or treatment
of any disease, disorder, syndrome, or condition (including pest infestation) in non-human animals solely for non-human animals (and not, for clarity, humans) and the use of pesticides on crops. For clarity, the Company Field (a) excludes uses
in non-human animals for the research, development, manufacture or commercialization of any products to diagnose, prevent, palliate, or treat any disease, disorder, syndrome or condition in humans and (b) includes the treatment of non-human
animals that may indirectly impact the health of humans, including uses for food safety and/or environmental vector-borne disease control where such disease control may impact both non-human animals and humans. 

“Company Licensee” means, with respect to a Pfizer Licensor, that member of the Company Group that is set forth on
Schedule 1.1(a). 
 “Confidential Information” has the meaning set forth in Section 5.1. 

“Control” and “Controlled” means with respect to any Trademarks, possession by a Party or its Affiliates of the
right, whether directly or indirectly, to grant the right to use, or to grant a license or a sublicense under, such Trademarks as provided for herein, without violating the terms of any agreement with a Third Party. For clarity, if a Party or its
Affiliates can only grant a license, sublicense, or provide rights of limited scope, for a specific purpose or under certain conditions (including as a result of any Third Party Agreement), “Control” or “Controlled” shall be
construed to so limit such license or sublicense. 
 “Controlling Party” has the meaning set forth in
Section 9.2.4. 
 “Disclosing Party” has the meaning set forth in Section 5.1. 

“Global Separation Agreement” means that certain Global Separation Agreement by and between Pfizer and the Company, dated
on or about the date hereof. 
 “Governmental Authority” means any nation or government, any state,
municipality, or other political subdivision thereof, and any entity, body, agency, commission, department, board, bureau, court, tribunal, or other instrumentality, whether federal, state, local, regional, domestic, foreign, or multinational,
exercising executive, legislative, judicial, regulatory, administrative, or other similar functions of, or pertaining to, government and any executive official thereof. 
 “Indemnifying Party” has the meaning set forth in Section 7.3.1. 
 “Indemnitees” has the meaning set forth in Section 7.1. 

“Indemnity Payment” has the meaning set forth in Section 7.3.1. 

“LE Date” means, with respect to each Pfizer Licensor, those dates set forth on Schedule 1.1(b). 

  
 2 

 “Licensed Copyrighted Works” means all policies and guidelines that are
necessary to conduct the Company Business as currently conducted and any derivative works created by or on behalf of the Company, excluding any (a) patents, (b) know-how and (c) polices and guidelines related to researching,
developing, manufacturing and commercializing products in the Company Field. 
 “Licensed Marks” means the
Trademarks set forth on Schedule 1.1(c) to the extent Controlled by the applicable Pfizer Licensor. 

“Materials” has the meaning set forth in Section 3.4. 

“Non-Controlling Party” has the meaning set forth in Section 9.2.5. 

“Pfizer Licensor” means the members of the Pfizer Group set forth on Schedule 1.1(a). 

“Prosecution Activities” has the meaning set forth in Section 9.1.1. 

“Receiving Party” has the meaning set forth in Section 5.1. 

“Requesting Party” has the meaning set forth in Section 4.3. 

“Sublicensee” has the meaning set forth in Section 2.3. 

“Surviving Provisions” has the meaning set forth in Section 10.4. 

“Territory” means worldwide. 
 “Third Party” means a Person other than a Party or an Affiliate of a Party. 
 “Third Party Agreements” means, with respect to a Licensed Mark, any agreements with Third Parties to which the Licensed Marks are subject, including the agreements pursuant to which such
Pfizer Licensor (a) is being licensed, sublicensed or granted other rights to the Licensed Marks from a Third Party or (b) is licensing, sublicensing or granting other rights to the Licensed Marks to a Third Party (excluding, in each of
the foregoing (a) and (b), the Manufacturing and Supply Agreements). The Third Party Agreements include the agreements set forth on Schedule 1.1(d). 
 “Third Party Claim” has the meaning set forth in Section 7.4.1. 
 “Third Party Infringement” has the meaning set forth in Section 9.2.1. 
 2. LICENSE GRANT 
  

	2.1	License. 

  

	 	2.1.1	 License to Licensed Marks. Subject to the terms and conditions of this Agreement, Pfizer hereby grants, and shall cause each Pfizer
Licensor to grant, to the applicable Company Licensees an exclusive, royalty-free, perpetual, fully paid-up license to use the applicable Licensed Marks in the Territory (a) in the

  
 3 

	 	
same manner as immediately prior to the Effective Date and (b) in connection with any modifications or line extensions of any products with which the Licensed Marks were used immediately
prior to the Effective Date (provided that the applicable Company Licensee provides the applicable Pfizer Licensor with at least sixty (60) days prior written notice with respect to any such use). 

 

	 	2.1.2	Limitations. Notwithstanding anything to the contrary herein, the Company Licensees shall not (a) register domain names that incorporate the Licensed
Marks or use the Licensed Marks in the address of any social media (e.g., Facebook, Twitter) or similar or successor media or (b) use the Licensed Marks in any trade name, corporate name or “doing business as” name.

  

	 	2.1.3	License to the Licensed Copyrighted Works. Subject to the terms and conditions of this Agreement and Section 5.03 of the Global Separation Agreement,
Pfizer hereby grants, and shall cause each Pfizer Licensor to grant, to the applicable Company Licensees a non-exclusive, royalty-free, perpetual, fully paid-up license to use, copy and distribute to such Company Licensee and its Affiliates the
Licensed Copyrighted Works in the Territory solely to the extent necessary for the Company Licensees and their Affiliates to conduct the Company Business. 

  

	2.2	Third Party Agreements. The license granted under Section 2.1 shall also include sublicenses of the Licensed Marks licensed to the applicable Pfizer
Licensor by a Third Party prior to the applicable LE Date. The Company Licensees hereby acknowledge and agree that the Licensed Marks and the Licensed Copyrighted Works may be subject to the Third Party Agreements and, accordingly, all of the terms
of this Agreement shall be subject to such agreements. To the extent that a Company Licensee is granted rights to any such Licensed Marks or Licensed Copyright Works, such Company Licensee shall comply with the Third Party Agreements related
thereto. If any Pfizer Licensor’s ability to grant any rights to any Company Licensees requires first satisfying any preconditions, including obtaining any Consent, the Parties shall reasonably cooperate to satisfy such preconditions;
provided that the Pfizer Licensors and their Affiliates shall not be obligated to breach any applicable agreement or to offer to pay, or pay, any money or offer to incur, or incur, any non-monetary obligations to satisfy any such
preconditions unless the applicable Company Licensee first agrees in a writing reasonably acceptable to the applicable Pfizer Licensor to pay such consideration and undertake all such obligations on the applicable Pfizer Licensor’s behalf.

  

	2.3	 Sublicenses. Subject to the terms hereof, each Company Licensee may sublicense its license to (a) the Licensed Marks and Licensed
Copyrighted Works to its Affiliates and (b) the Licensed Marks to Third Parties with the applicable Pfizer Licensor’s prior written consent (not to be unreasonably withheld or delayed) (each permitted sublicensee, a
“Sublicensee”); provided that such consent shall not be required with respect to sublicenses granted to such Company Licensee’s customers and distributors in the ordinary course of business. Each Sublicensee that
is a Third Party shall enter into a written sublicense agreement with the applicable Company Licensee that is subject to the terms of this Agreement. Granting a sublicense to a Sublicensee shall not relieve any

  
 4 

	 	
Company Licensee of any of its obligations hereunder and each Company Licensee shall remain responsible and liable for Sublicensees’ compliance with the terms of this Agreement. Sublicensees
may not grant further sublicenses. For clarity, any sublicense granted pursuant to this Section shall be subject to the terms and conditions of any applicable agreements with any Third Parties. 

 

	2.4	No Modifications to the Licensed Marks. The Company Licensees shall not, without the prior written consent of the applicable Pfizer Licensor,
(a) change, modify, or create any variation of the Licensed Marks, including by combining a Licensed Mark with a prefix or suffix or modifying any word or term therein or (b) conjoin any Trademark, word or term with a Licensed Mark so as
to form a composite or combined Trademark. 

  

	2.5	Pfizer Licensors and Company Licensees. To the extent this Agreement sets forth any obligations of any Pfizer Licensor or any Company Licensee, Pfizer and
the Company, respectively, shall cause the applicable Pfizer Licensor and Company Licensee to comply with such obligations. Pfizer shall remain responsible and liable for each of the Pfizer Licensor’s, and the Company shall remain responsible
and liable for each of the Company Licensee’s, compliance with all of the terms of this Agreement. 

  

	2.6	No Implied Licenses. Pfizer reserves its and its Affiliates’ (including all other Pfizer Licensors’) rights in, to and under all Intellectual
Property that is not expressly licensed hereunder. Without limiting the foregoing, this Agreement and the licenses and rights granted herein do not and shall not be construed to confer any rights upon any Company Licensees or any of their Affiliates
by implication, estoppel, or otherwise as to any of Pfizer Licensors’ or its Affiliates’ Trademarks, Copyrights or other Intellectual Property, except as otherwise expressly set forth herein. 

3. QUALITY CONTROL 
  

	3.1	Quality Control. Each Company Licensee shall ensure that the quality of products and services provided by such Company Licensee and its Sublicensees under
the Licensed Marks will be at least equal to the quality of products and services provided under such Licensed Marks immediately prior to the Effective Date and such products and services comply with all Applicable Laws. Each Pfizer Licensor shall
have the right to review and exercise quality control over the applicable Company Licensee’s and its Sublicensees’ use of the Licensed Marks as reasonably necessary or desirable (as determined by the Pfizer Licensor in the Pfizer
Licensor’s sole discretion) to maintain the validity and enforceability of the Licensed Marks and protect the goodwill associated therewith. 

  

	3.2	No Adverse Action. The Company Licensees shall not take any action that might dilute, tarnish, disparage, or reflect adversely on any Pfizer Licensor, its
Affiliates or any Licensed Marks or diminish the value or goodwill associated therewith. Without limiting the foregoing, each Company Licensee shall use the applicable Licensed Marks and Licensed Copyrighted Works in accordance with sound trademark,
trade name and copyright usage principles and in accordance with all Applicable Laws (including laws relating to maintaining the validity and enforceability of the Licensed Marks and Licensed Copyrighted Works). 

  
 5 

	3.3	No Affiliation. Except as otherwise expressly permitted under the Global Separation Agreement, the Company Licensees shall not, and shall cause their
Affiliates and Sublicensees to not, expressly or by implication, do business as or represent themselves as any of the Pfizer Licensors or its Affiliates, and shall ensure that there is no confusion that any Company Licensee, its Affiliates or its
Sublicensees are affiliated with any Pfizer Licensor or any of its Affiliates and, if any such confusion occurs, shall promptly remediate the same. 

  

	3.4	Materials. Subject to the Global Separation Agreement, each Company Licensee shall be permitted to use the Licensed Marks on packaging, labeling,
advertising, promotional materials, periodicals, samples of products and any other publicly disseminated or accessible materials (whether printed, electronic, or otherwise) bearing, referencing, or offered under the applicable Licensed Marks
(collectively, the “Materials”) disseminated immediately prior to the Effective Date. Each Company Licensee shall provide to the applicable Pfizer Licensor representative samples of any proposed changes or modifications to the
Materials (other than immaterial changes or modifications or the removal and replacement of the Retained Names), or any new Materials, reasonably prior to initial public dissemination of such Materials, and such Company Licensee shall not use or
disseminate any such Materials without such Pfizer Licensor’s prior written consent (which Pfizer may withhold in its sole discretion). 

  

	3.5	Notices and Legends. As reasonably requested by the applicable Pfizer Licensor, each Company Licensee shall, and shall cause its Sublicensees to, use
commercially reasonable efforts to mark in a manner that is visible to the public, use of the Licensed Marks (or, if a Licensed Mark is used multiple times in any Materials, the first prominent use of such Licensed Mark) and the Licensed Copyrighted
Works. 

 4. OWNERSHIP; RECORDATION 

 

	4.1	Ownership. 

  

	 	4.1.1	Ownership of Licensed Marks and Licensed Copyrighted Works. As between the Parties, the Company, on behalf of itself and the other Company Licensees,
acknowledges and agrees that (a) the Pfizer Licensors or their Affiliates own the Licensed Marks and all rights therein and goodwill pertaining thereto and the Licensed Copyrighted Works including, for clarity, all derivative works based
thereon and (b) each Company Licensee’s and its Sublicensees’ use of the Licensed Marks and any and all goodwill generated thereby or associated therewith, and the Licensed Copyrighted Works, shall inure solely to the applicable
Pfizer Licensor’s and its applicable Affiliates’ benefit. 

  

	 	4.1.2	 Assignment. In the event that any Company Licensee, or any of its Affiliates or Sublicensees, has been assigned or otherwise obtains or
has ownership of any Licensed Marks or Licensed Copyrighted Works in contravention of Section 4.1.1, the applicable Company Licensee hereby assigns, and shall cause its Affiliates and Sublicensees (as applicable) to assign, to the applicable
Pfizer Licensor its entire right, title, and interest in, to, and under such Licensed Marks or Licensed 

  
 6 

	 	
Copyrighted Works (as applicable) and hereby waives, and shall cause its Affiliates and Sublicensees to waive, any ownership interest in the foregoing if such assignment does not take effect
immediately for any reason. Each Company Licensee shall, and shall cause its applicable Affiliates and Sublicensees to, execute any and all assignments and other documents necessary to perfect or record the applicable Pfizer Licensor’s (or if
specified by such Pfizer Licensor, its Affiliate’s) right, title, and interest in, to, and under such Licensed Marks or Licensed Copyrighted Works (as applicable) or to register the applicable Pfizer Licensor (or if specified by such Pfizer
Licensor, its Affiliate) as the exclusive owner of any applicable registrable rights. 

  

	4.2	No Confusion or Registration. Without limiting Section 4.1, the Company Licensees and their Affiliates shall not (a) seek to register anywhere
in the world (including the Territory) any Licensed Mark or Trademark that is confusingly similar to any Licensed Mark, (b) use any Trademark confusingly similar to, or a variation of, the Licensed Marks anywhere in the Territory,
(c) directly or indirectly challenge the ownership or other rights of any of the Pfizer Licensors or their Affiliates in or to any Licensed Marks or the Licensed Copyrighted Works or the validity or enforceability thereof or (d) contest
that the Company Licensees’ rights under this Agreement are those of a licensee to use the Licensed Marks and the Licensed Copyrighted Works, as and to the extent expressly set forth herein. 

 

	4.3	Recordings. If any Pfizer Licensor or Company Licensee (the “Requesting Party”) deems recordation of this Agreement with any Governmental
Authorities to be necessary, such Pfizer Licensor or Company Licensee, as the case may be, shall reasonably cooperate with such Requesting Party, at the Requesting Party’s cost and expense, in connection therewith and in the renewal of any such
recordations. The Parties shall provide assistance and information to each other as reasonably necessary to accomplish such recordation. 

 5. CONFIDENTIALITY 
  

	5.1	Definition. “Confidential Information” shall mean all trade secrets and other confidential or proprietary information (including any
Licensed Copyrighted Works that contain any trade secrets or other confidential or proprietary information) furnished by one Party or any of its Affiliates (including, with respect to Pfizer, the Pfizer Licensors and their Affiliates and, with
respect to the Company, the Company Licensees and their Affiliates) or its respective directors, officers, employees, agents, accountants, counsel and other advisors and representatives (each, a “Disclosing Party”) to the other
Party, any of its Affiliates (including, for clarity, with respect to Pfizer, the Pfizer Licensors and, with respect to the Company, the Company Licensees) or its respective directors, officers, employees, agents, accountants, counsel and other
advisors and representatives (each, a “Receiving Party”) in connection with this Agreement, whether disclosed or provided prior to or after the Effective Date and whether provided orally, visually, electronically, or in writing.
Notwithstanding the foregoing, Confidential Information, with respect to a Disclosing Party, shall not include: 

  

	 	5.1.1	information that is or becomes publicly known through no breach of this Agreement by the Receiving Party or any of its Affiliates, its respective directors, officers,
employees, agents, accountants, counsel and other advisors and representatives; 

  
 7 

	 	5.1.2	information that was independently developed following the Effective Date by employees or agents of the Receiving Party or any of its Affiliates, its respective
directors, officers, employees, agents, accountants, counsel and other advisors and representatives who have not accessed or otherwise received the applicable Confidential Information; provided that such independent development can be
demonstrated by competent, contemporaneous written records of the Receiving Party or any of its Affiliates; and 

  

	 	5.1.3	information that becomes available to the Receiving Party or its Affiliates following the Effective Date on a non-confidential basis from a Third Party who is not bound
directly or indirectly by a duty of confidentiality to the Disclosing Party; 

 provided that, in
each of the foregoing Sections 5.1.1 through 5.1.3, such information shall not be deemed to be within the foregoing exceptions merely because such information is embraced by more general knowledge that is publicly known or in the Receiving
Party’s possession, and no combination of features shall be deemed to be within the foregoing exceptions merely because individual features are publicly known or in the Receiving Party’s possession, unless the particular combination itself
and its principle of operations are in the public domain or in the Receiving Party’s possession without the use of or access to Confidential Information. 
  

	5.2	General Obligations. The Receiving Party shall protect all Confidential Information of the Disclosing Party against unauthorized uses and disclosures, and
disclose to Third Parties, using the same degree of care as the Receiving Party uses with respect to its own similar information (which in no event shall be less than a reasonable degree of care). 

 

	5.3	Disclosures to Sublicensees. Each Company Licensee shall be permitted to disclose the Pfizer Licensor’s Confidential Information to Sublicensees
(subject to Section 2.3) to the extent reasonably necessary for such Company Licensee to exercise any sublicense rights that it has been granted hereunder; provided that such Sublicensees shall be subject to written obligations of
confidentiality and restrictions on permitted use at least equivalent in scope to those set forth in this Article 5 and the Company Licensees shall be liable for any failure by any such Sublicensees to comply with the terms hereof.

  

	5.4	Disclosure to Intellectual Property Offices, Regulatory Authorities. A Receiving Party may disclose Confidential Information of the Disclosing Party to,
trademark and copyright authorities to obtain or maintain Intellectual Property rights to the extent such Receiving Party is expressly permitted to obtain or maintain such Intellectual Property rights under this Agreement; provided
that such disclosure may be made only to the extent reasonably necessary to obtain or maintain such Intellectual Property rights. 

  
 8 

	5.5	Disclosures Required By Law. In the event that the Receiving Party or any of its Affiliates either determines on the advice of its counsel that it is
required to disclose any Confidential Information of the Disclosing Party pursuant to Applicable Law (including the rules and regulations of the Securities and Exchange Commission or any national securities exchange) or receives any request or
demand under lawful process or from any Governmental Authority to disclose or provide Confidential Information of the Disclosing Party (or any of its Affiliates) that is subject to the confidentiality obligations hereof, the Receiving Party shall
notify the Disclosing Party prior to disclosing or providing such Confidential Information and shall cooperate at the expense of the Disclosing Party in seeking any reasonable protective arrangements (including by seeking confidential treatment of
such Confidential Information) requested by the Disclosing Party. Subject to the foregoing, the Party that received such a request or determined that it is required to disclose Confidential Information of the Disclosing Party may thereafter disclose
or provide such Confidential Information to the extent required by such Applicable Law (as so advised by counsel) or requested or required by such Governmental Authority; provided, however, that such Receiving Party provides the
Disclosing Party, to the extent legally permissible, upon request with a copy of the Confidential Information so disclosed. 

  

	5.6	Terms of the Agreement. The terms of this Agreement are deemed to be Confidential Information of each Party and shall be subject to the confidentiality
obligations set forth in this Article 5; provided that each Party shall be permitted to disclose the terms of this Agreement to the extent reasonably necessary in connection with a potential or actual financing or assignment or sale of
the business or assets related to this Agreement to the extent permitted hereunder; provided further that such Persons shall be subject to obligations of confidentiality and non-use (whether in writing or by operation of law)
with respect thereto and the Receiving Party shall be liable for any failure by any such Persons to comply with the confidentiality provisions hereof. 

 6. REPRESENTATIONS AND WARRANTIES; COVENANTS 
  

	6.1	Representations and Warranties. Except as otherwise set forth on Schedule 6.1, Pfizer (on behalf of itself and the Pfizer Licensors) and the Company (on
behalf of itself and the Company Licensees) makes the representations and warranties set forth in this Section 6.1 to the other Party as of the Effective Date. 

 

	 	6.1.1	It is duly organized, validly existing, and in good standing under the laws of its jurisdiction of formation. It has full corporate power and authority to execute,
deliver, and perform under this Agreement. 

  

	 	6.1.2	This Agreement constitutes a valid and binding agreement enforceable against it in accordance with its terms (except as the enforceability thereof may be limited by
Applicable Laws). 

  

	 	6.1.3	All consents, approvals, and authorizations from all Governmental Authorities required to be obtained by such Party in connection with the execution and delivery of
this Agreement have been obtained. 

  
 9 

	6.2	Disclaimer of Representations and Warranties. EXCEPT AS EXPRESSLY STATED IN THIS ARTICLE 6, NO PARTY MAKES ANY REPRESENTATIONS OR EXTENDS ANY WARRANTIES
OF ANY KIND, EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE, INCLUDING WARRANTIES OF TITLE, NON-INFRINGEMENT, VALIDITY, ENFORCEABILITY, ABSENCE OR SCOPE OF ANY ENCUMBRANCES, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE AND ALL SUCH
REPRESENTATIONS AND WARRANTIES ARE HEREBY EXPRESSLY DISCLAIMED. ANY INFORMATION PROVIDED BY PFIZER OR ITS AFFILIATES (INCLUDING THE PFIZER LICENSORS AND THEIR AFFILIATES) IS MADE AVAILABLE ON AN “AS IS” BASIS WITHOUT WARRANTY WITH RESPECT
TO COMPLETENESS, COMPLIANCE WITH REGULATORY STANDARDS, REGULATIONS, OR ANY OTHER APPLICABLE LAW, OR FITNESS FOR A PARTICULAR PURPOSE OR ANY OTHER KIND OF WARRANTY WHETHER EXPRESS OR IMPLIED. 

 

	6.3	Compliance with Laws. Each Party shall comply, and shall cause its Affiliates to comply (including, with respect to the Company, the Company Licensees and
their Affiliates and, with respect to Pfizer, the Pfizer Licensors and their Affiliates), with all Applicable Laws in performing its obligations or exercising its rights pursuant to this Agreement. 

7. INDEMNIFICATION 
  

	7.1	Indemnification by the Company. Except as provided in Section 7.3, the Company shall indemnify, defend and hold harmless each of Pfizer, its
Affiliates and its and their respective directors, officers, employees and agents, and each of the heirs, executors, successors and assigns of any of the foregoing (collectively, the “Indemnitees”) from and against any and all
Losses of the Pfizer Indemnitees relating to, arising out of or resulting from any of the following items (without duplication and including any such Losses arising by way of setoff, counterclaim or defense or enforcement of any Lien): (a) the
use of any Licensed Marks or any Licensed Copyrighted Works by any Company Licensee or Sublicensee, (b) the fraud, gross negligence or willful misconduct or omissions of any Company Licensee or Sublicensees, or (c) breach by any Company
Licensee of any provision of this Agreement, except to the extent any of the foregoing (a) through (c) was caused by any of the Pfizer Indemnitees’ fraud, gross negligence or willful misconduct or any Action for which Pfizer has an
obligation to indemnify the Company Indemnitees pursuant to Section 7.2. 

  

	7.2	Indemnification by Pfizer. Except as provided in Section 7.3, Pfizer shall indemnify, defend and hold harmless the Company Indemnitees from and
against any and all Losses of the Company Indemnitees relating to, arising out of or resulting from any of the following (without duplication and including any Losses arising by way of setoff, counterclaim or defense or enforcement of any Lien):
(a) Pfizer’s or its Affiliates’ use of any Licensed Marks or any Licensed Copyrighted Works, (b) the gross negligence, recklessness or willful misconduct of Pfizer or its Affiliates or (c) breach by Pfizer of any provision
of this Agreement, except to the extent and of the foregoing (a) through (c) was caused by any of the Company Indemnitees’ fraud, gross negligence, recklessness or willful misconduct or any Action for which Company has an obligation
to indemnify Pfizer Indemnitees pursuant to Section 7.1. 

  
 10 

	7.3	Indemnification Obligations Net of Insurance Proceeds and Other Amounts. 

 

	 	7.3.1	The Parties intend that any Loss subject to indemnification or reimbursement pursuant to this Article 7 will be net of Insurance Proceeds that actually reduce the
amount of the Loss. Accordingly, the amount which any Party (an “Indemnifying Party”) is required to pay to any Indemnitee will be reduced by any Insurance Proceeds theretofore actually recovered by or on behalf of the Indemnitee in
respect of the related Loss. If an Indemnitee receives a payment (an “Indemnity Payment”) required by this Agreement from an Indemnifying Party in respect of any Loss and subsequently receives Insurance Proceeds, then the Indemnitee
will pay to the Indemnifying Party an amount equal to the excess of the Indemnity Payment received over the amount of the Indemnity Payment that would have been due if the Insurance Proceeds had been received, realized or recovered before the
Indemnity Payment was made. 

  

	 	7.3.2	An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the
indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other Third Party shall be entitled to a “wind-fall” (i.e., a benefit such insurer or
other Third Party would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. Nothing contained in this Agreement or shall obligate any Indemnifying Party or its Affiliates
to seek to collect or recover any Insurance Proceeds. 

  

	 	7.3.3	Any Indemnity Payment made by the Company shall be increased as necessary so that after making all payments in respect to Taxes imposed on or attributable to such
Indemnity Payment, each Pfizer Indemnitee receives an amount equal to the sum it would have received had no such Taxes been imposed. Any Indemnity Payment made by Pfizer shall be increased as necessary so that after making all payments in respect to
Taxes imposed on or attributable to such Indemnity Payment, each Company Indemnitee receives an amount equal to the sum it would have received had no such Taxes been imposed. 

 

	7.4	Procedures for Indemnification of Third Party Claims. 

  

	 	7.4.1	 If an Indemnitee shall receive notice or otherwise learn of the assertion by a Third Party (including any Governmental Authority) of any claim or of
the commencement by any such Third Party of any Action with respect to which an Indemnifying Party may be obligated to provide indemnification to such Indemnitee pursuant to Sections 7.1 or 7.2, or any other Section of this Agreement (collectively,
a “Third Party Claim”), such Indemnitee shall give such Indemnifying Party written notice thereof as promptly as practicable (and in any event within forty-five (45) days) after becoming aware of such Third Party Claim.

  
 11 

	 	
Any such notice shall describe the Third Party Claim in reasonable detail. Notwithstanding the foregoing, the failure of any Indemnitee or other Person to give notice as provided in this
Section 7.4 shall not relieve the related Indemnifying Party of its obligations under this Article 7, except to the extent, and only to the extent, that such Indemnifying Party is materially prejudiced by such failure to give notice.

  

	 	7.4.2	An Indemnifying Party may elect (but shall not be required) to defend, at such Indemnifying Party’s own expense and by such Indemnifying Party’s own counsel
(which counsel shall be reasonably satisfactory to the Indemnitee), any Third Party Claim; provided that the Indemnifying Party shall not be entitled to defend and shall pay the reasonable fees and expenses of one separate counsel for
all Indemnitees if the claim for indemnification relates to or arises in connection with any criminal action, indictment or allegation. Within forty-five (45) days after the receipt of notice from an Indemnitee in accordance with
Section 7.4.1 (or sooner, if the nature of such Third Party Claim so requires), the Indemnifying Party shall notify the Indemnitee of its election whether the Indemnifying Party will assume responsibility for defending such Third Party Claim,
which election shall specify any reservations or exceptions to its defense. After notice from an Indemnifying Party to an Indemnitee of its election to assume the defense of a Third Party Claim, such Indemnitee shall have the right to employ
separate counsel and to participate in (but not control) the defense, compromise, or settlement thereof, but the fees and expenses of such counsel shall be the expense of such Indemnitee; provided, however, in the event that
(a) the Indemnifying Party has elected to assume the defense of the Third Party Claim but has specified, and continues to assert, any reservations or exceptions in such notice or (b) the Third Party Claim involves injunctive or equitable
relief, then, in any such case, the reasonable fees and expenses of one separate counsel for all Indemnitees shall be borne by the Indemnifying Party. 

  

	 	7.4.3	If an Indemnifying Party elects not to assume responsibility for defending a Third Party Claim, or fails to notify an Indemnitee of its election as provided in
Section 7.4.2, such Indemnitee may defend such Third Party Claim at the cost and expense of the Indemnifying Party. Any legal fees and expenses incurred by the Indemnitee in connection with defending such claim shall be paid by the Indemnifying
Party at the then applicable regular rates charged by counsel, without regard to any flat fee or special fee arrangement otherwise in effect between such counsel and the Indemnitee. 

 

	 	7.4.4	 Unless the Indemnifying Party has failed to assume the defense of the Third Party Claim in accordance with the terms of this Agreement, no Indemnitee
may settle or compromise any Third Party Claim without the consent of the Indemnifying Party. If an Indemnifying Party has failed to assume the defense of the Third Party Claim within the time period specified in Section 7.4.2 above, it shall
not be a defense to any obligation to pay any amount in respect of such Third Party Claim that the Indemnifying Party was not consulted in the defense thereof, that such Indemnifying Party’s views or opinions as to the conduct of such defense

  
 12 

	 	
were not accepted or adopted, that such Indemnifying Party does not approve of the quality or manner of the defense thereof or that such Third Party Claim was incurred by reason of a settlement
rather than by a judgment or other determination of liability. 

  

	 	7.4.5	In the case of a Third Party Claim, no Indemnifying Party shall consent to entry of any judgment or enter into any settlement of the Third Party Claim without the
consent of the Indemnitee if the effect thereof is (a) to permit any injunction, declaratory judgment, other order or other non-monetary relief to be entered, directly or indirectly, against any Indemnitee or (b) to ascribe any fault on
any Indemnitee in connection with such defense. 

  

	 	7.4.6	Notwithstanding the foregoing, the Indemnifying Party shall not, without the prior written consent of the Indemnitee, settle or compromise any Third Party Claim or
consent to the entry of any judgment which does not include as an unconditional term thereof the delivery by the claimant or plaintiff to the Indemnitee of a written release from all Liability in respect of such Third Party Claim.

  

	7.5	Additional Matters. 

  

	 	7.5.1	Any claim on account of a Loss which does not result from a Third Party Claim shall be asserted by written notice given by the Indemnitee to the related Indemnifying
Party. Such Indemnifying Party shall have a period of thirty (30) days after the receipt of such notice within which to respond thereto. If such Indemnifying Party does not respond within such thirty (30) day period, such Indemnifying
Party shall be deemed to have refused to accept responsibility to make payment. If such Indemnifying Party does not respond within such thirty (30) day period or rejects such claim in whole or in part, such Indemnitee shall be free to pursue
such remedies as may be available to such Indemnitee as contemplated by this Agreement. 

  

	 	7.5.2	In the event of payment by or on behalf of any Indemnifying Party to any Indemnitee in connection with any Third Party Claim, such Indemnifying Party shall be
subrogated to and shall stand in the place of such Indemnitee as to any events or circumstances in respect of which such Indemnitee may have any right, defense or claim relating to such Third Party Claim against any claimant or plaintiff asserting
such Third Party Claim or against any other Person. Such Indemnitee shall cooperate with such Indemnifying Party in a reasonable manner, and at the cost and expense of such Indemnifying Party, in prosecuting any subrogated right, defense or claim.

  

	 	7.5.3	 In the event of an Action in which the Indemnifying Party is not a named defendant, if either the Indemnitee or Indemnifying Party shall so request,
the Parties shall endeavor to substitute the Indemnifying Party for the named defendant or otherwise hold the Indemnifying Party as party thereto, if at all practicable. If such substitution or addition cannot be achieved for any reason or is not
requested, the named defendant shall allow the Indemnifying Party to 

  
 13 

	 	
manage the Action as set forth in this Section, and the Indemnifying Party shall fully indemnify the named defendant against all costs of defending the Action (including court costs, sanctions
imposed by a court, attorneys’ fees, experts’ fees and all other external expenses), the costs of any judgment or settlement, and the cost of any interest or penalties relating to any judgment or settlement with respect to such Third Party
Claim. 

  

	7.6	Remedies Cumulative. The remedies provided in this Article 7 shall be cumulative and, subject to the provisions of Article 5, shall not preclude assertion
by any Indemnitee of any other rights or the seeking of any and all other remedies against any Indemnifying Party. 

  

	7.7	Survival of Indemnities. The indemnity contained in this Article 7 shall remain operative and in full force and effect, regardless of (a) any
investigation made by or on behalf of any Indemnitee; and (b) the knowledge by the Indemnitee of Liabilities for which it might be entitled to indemnification or contribution hereunder. The rights and obligations of each Party and their
respective Indemnitees under this Article 7 shall survive the termination of any license granted hereunder. 

  

	7.8	Intellectual Property. Notwithstanding the foregoing Sections 7.1 through 7.7, in the event and to the extent that any Third Party Claim relates to or may
affect or otherwise impair either Party’s or a Third Party’s ownership of or rights in or the validity or enforceability of or rights to use Intellectual Property hereunder, the prosecution and defense of such aspects of such Third Party
Claim shall be governed by Article 4 and Article 9 to the extent that such Article addresses such prosecution or defense. 

 8. LIMITATIONS ON LIABILITY 
  

	8.1	Consequential Damages Waiver. NOTWITHSTANDING ANY OTHER PROVISION OF THIS AGREEMENT TO THE CONTRARY, IN NO EVENT WILL EITHER PARTY (OR WITH RESPECT TO
PFIZER, ANY PFIZER LICENSORS AND WITH RESPECT TO THE COMPANY, ANY COMPANY LICENSEES) BE LIABLE FOR ANY SPECIAL, INCIDENTAL, INDIRECT, COLLATERAL, CONSEQUENTIAL OR PUNITIVE DAMAGES OR LOST PROFITS SUFFERED BY AN INDEMNITEE, HOWEVER CAUSED AND ON ANY
THEORY OF LIABILITY, IN CONNECTION WITH ANY DAMAGES ARISING HEREUNDER, PROVIDED, HOWEVER, THAT TO THE EXTENT AN INDEMNITEE IS REQUIRED TO PAY ANY SPECIAL, INCIDENTAL, INDIRECT, COLLATERAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES OR LOST
PROFITS TO A PERSON WHO IS NOT THE OTHER PARTY OR AN AFFILIATE OF THE OTHER PARTY IN CONNECTION WITH A THIRD PARTY CLAIM, SUCH DAMAGES WILL CONSTITUTE DIRECT DAMAGES AND NOT BE SUBJECT TO THE LIMITATION SET FORTH IN THIS ARTICLE 8.

  
 14 

 9. PROSECUTION, MAINTENANCE AND ENFORCEMENT 

 

	9.1	Prosecution and Maintenance. 

  

	 	9.1.1	General. As between the Parties, the Pfizer Licensors shall have the sole right and authority (but not the obligation) to prepare, file, prosecute, and
maintain (such activities, the “Prosecution Activities”) registrations for the Licensed Marks and the Licensed Copyrighted Works in any country or regulatory jurisdiction in the Territory. 

 

	 	9.1.2	Costs and Expenses. At the applicable Pfizer Licensor’s request, the applicable Company Licensee shall be responsible for all costs and expenses
incurred by or on behalf of any of the Pfizer Licensors or their Affiliates in connection with the Prosecution Activities for the Licensed Marks and the Licensed Copyrighted Works in the Territory. 

 

	 	9.1.3	Cooperation in Prosecution Activities. Upon a Pfizer Licensor’s request, the applicable Company Licensee shall provide such Pfizer Licensor with
reasonable assistance and cooperation with respect to the Prosecution Activities, including providing any necessary powers of attorney, filings and any other assignment documents or instruments for such prosecution. 

 

	9.2	Enforcement. 

  

	 	9.2.1	Notice. Each Company Licensee shall promptly notify the applicable Pfizer Licensor in writing upon learning of (a) any conflicting uses of, or any
applications of or registrations for, any Licensed Mark or any Trademark that is confusingly similar thereto, or Licensed Copyrighted Works or (b) any acts of infringement, unfair competition, unauthorized use or dilution involving any Licensed
Mark or Licensed Copyrighted Work (each of (a) and (b), a “Third Party Infringement”). 

  

	 	9.2.2	Pfizer Enforcement Rights. As between the Parties, the applicable Pfizer Licensor will have the first right and authority (but not the obligation) to
control enforcement of the applicable Licensed Mark or Licensed Copyrighted Work against any Third Party Infringement in the Company Field, including the right to initiate any opposition, cancellation or infringement proceedings to enforce such
Licensed Mark or Licensed Copyrighted Work (as applicable). Prior to commencing any suit or other Action in connection therewith, such Pfizer Licensor shall consult with the applicable Company Licensee (unless the delay associated with doing so
would result in the loss of rights) and consider such Company Licensee’s recommendations regarding such Action. 

  

	 	9.2.3	 Licensee Right of Enforcement of the Licensed Marks. If the applicable Pfizer Licensor fails to bring a suit or other action in response
to, or respond to a suit or other action in connection with, a Third Party Infringement with respect to a Licensed Mark within the earlier of (a) ninety (90) days of the notice described in Section 9.2.1 or (b) thirty
(30) days before the expiration date for bringing such suit, opposition, or other action or responding thereto, the applicable Company 

  
 15 

	 	
Licensee shall have the right, in its sole discretion, and authority (but not the obligation) to control enforcement of the applicable Licensed Mark at its sole expense if the applicable Third
Party Infringement is in or directly affects the Company Field. Prior to commencing any Action in connection therewith, such Company Licensee shall consult with such Pfizer Licensor and consider such Pfizer Licensor’s recommendations regarding
such Action. Notwithstanding anything to the contrary in this Section 9.2.3, the Company Licensees shall not have the rights to enforce (x) the Licensed Copyrighted Works in any instance or (y) the Licensed Marks in connection with a
Third Party Infringement upon written notice from any of the Pfizer Licensors if, exercising good faith, such Pfizer Licensor or any of its Affiliates concludes in its sole discretion that such Licensed Marks should not be enforced against such
Third Party Infringement. 

  

	 	9.2.4	Settlement. The Pfizer Licensor or Company Licensee controlling enforcement of a Third Party Infringement Action (the “Controlling
Party”) involving a Licensed Mark may not settle, or stipulate to any facts, or make any admission with respect to, such Third Party Infringement Action without the other Party’s prior written consent; provided that, if a
Pfizer Licensor is the Controlling Party, such Pfizer Licensor shall not be required to obtain any Company Licensee’s consent to the extent that the settlement does not impose liability on any Company Licensee. 

 

	 	9.2.5	Assistance. At the request of the Controlling Party, the other Party (the “Non-Controlling Party”) shall provide reasonable assistance to
the Controlling Party with respect to its enforcement of the Licensed Marks and the Licensed Copyrighted Work against any Third Party Infringement, including by joining any related Action and executing all papers and performing such other acts as
may be reasonably required to permit the Controlling Party to commence or prosecute such Action. The Controlling Party shall reimburse the Non-Controlling Party’s reasonable out-of-pocket costs and expenses actually incurred in connection
therewith, if so requested. The Non-Controlling Party shall have the right to be represented in any such Action in which it is a party by independent counsel (which shall act in an advisory capacity only, except for matters solely directed to such
Pfizer Licensor or Company Licensee) of its own choice and at its own expense. 

  

	 	9.2.6	Recoveries. 

  

	 	(a)	Licensed Marks. Any recoveries resulting from an Action relating to a claim of Third Party Infringement shall first be applied against payment of each
Party’s and its Affiliates’ reasonable out-of-pocket costs and expenses actually incurred in connection therewith, with any remaining amounts distributed to (a) the Company or its designated Affiliate to the extent that such recovery
concerned a Third Party Infringement with respect to the Company Field and (b) Pfizer or its designated Affiliate to the extent that such recovery concerned a Third Party Infringement with respect to outside the Company Field.

  

	 	(b)	Licensed Copyrighted Work. Any recoveries resulting from an action relating to a claim of Third Party Infringement of a Licensed Copyrighted Work shall
first be applied against payment of each Party’s reasonable out-of-pocket costs and expenses incurred in connection therewith, with any remaining amounts retained by the Pfizer or its designated Affiliates. 

  
 16 

	9.3	Liability. Neither Party, nor its Affiliates (including, with respect to Pfizer, the Pfizer Licensors and, with respect to the Company, the Company
Licensees, nor its or their employees, agents, or representatives, shall be liable to the other Party or any of its Affiliates in respect of any good faith act, omission, default, or neglect of such Party, any of its Affiliates, or its or their
employees, agents, or representatives in connection with the Prosecution Activities or Actions with respect to Third Party Infringements that it performs hereunder and that has not resulted from its or its Affiliates’ or its or their
directors’, employees’, officers’, shareholders’, agents’, successors’, and assigns’ bad faith and each Party, on behalf of itself, its Affiliates, and its and their respective directors, employees, officers,
shareholders, agents, successors, and assigns, hereby waives any and all Actions that they may have against the other Party, any of its Affiliates or its or their employees, agents, or representatives that may arise or result from such other
Party’s or its Affiliates’, performance of the Prosecution Activities and Actions with respect to Third Party Infringements. 

 10. TERM; TERMINATION 
  

	10.1	Term. Unless earlier terminated in accordance with the terms hereof, this Agreement shall expire on a Licensed Mark-by-Licensed Mark basis and Licensed
Copyrighted Work-by-Licensed Copyrighted Work basis upon the applicable Pfizer Licensor’s receipt of written notice from the applicable Company Licensee specifying that such Company Licensee and its Sublicensees (as applicable) have ceased bona
fide commercial use of such Licensed Mark (which notice such Company Licensee shall send promptly following such cessation). 

  

	10.2	Termination. This Agreement shall immediately terminate with respect to a Licensed Mark or Licensed Copyrighted Work, if the applicable Company Licensee
ceases to be an Affiliate of the Company. 

  

	10.3	Effect of Expiration and Termination. 

  

	 	10.3.1	Licenses and Sublicenses. Upon expiration or termination of this Agreement, in part or in whole, in accordance with Section 10.2, all licenses and
other rights granted by the Pfizer Licensors to the Company Licensees and sublicenses and other rights granted by the Company Licensees to Sublicensees pursuant to Section 2.2 with respect to the applicable Licensed Marks and Licensed
Copyrighted Works shall terminate except as otherwise set forth in Section 10.3.3(b). 

  

	 	10.3.2	Payment. Within thirty (30) days of expiration or termination of this Agreement, in part or in whole (or such later date with respect to those costs
that are incurred but cannot be reported as of such date), the Company shall pay Pfizer all amounts due to Pfizer hereunder as of the effective date of such expiration or termination. 

  
 17 

	 	10.3.3	Destruction. 

  

	 	(a)	Except as set forth in Section 10.3.3(b), upon the expiration or termination of this Agreement, in part or in whole, the applicable Company Licensees shall, and
shall cause their Sublicensees to, subject to Applicable Law, promptly: (i) cease any and all use of the applicable Licensed Marks and Licensed Copyrighted Works, (ii) destroy and give notice to all agents and employees to destroy all
Materials bearing the applicable Licensed Marks and the Licensed Copyrighted Works, (iii) cease indicating that the applicable Company Licensees and their Sublicensees are licensees of the applicable Pfizer Licensors with respect to the
applicable Licensed Marks, and the Licensed Copyrighted Works, and (iv) refrain from using or displaying any Materials or performing any other act that would cause anyone to infer or believe that such Company Licensees or their Sublicensees are
the owner of, or a licensee of such Pfizer Licensors with respect to, the applicable Licensed Marks or Licensed Copyrighted Works. Each such Company Licensee shall promptly provide the applicable Pfizer Licensors with a written statement verifying
that all Materials bearing the applicable Licensed Marks and the Licensed Copyrighted Works have been destroyed or exhausted and shall send such Pfizer Licensors representative samples of Materials that do not include such Licensed Marks.

  

	 	(b)	Notwithstanding anything to the contrary in Section 10.3.3(a), in the event of a termination in accordance with Section 10.2 or an assignment by the Company
in accordance with Section 11.1, the applicable Company Licensees and their Sublicensees shall, as soon as practicable, but in no event later than one hundred twenty (120) days following the date of such termination or assignment (as
applicable), comply with Section 10.3.3(a). Any use by the Company Licensee or its Sublicensees of any of the Licensed Marks as permitted in this Section is subject to their use of the Licensed Marks in the same form and manner, and with
standards of quality, of that in effect for the Licensed Marks as of the date of such termination or assignment (as applicable) and without limitation to any other remedies, Pfizer shall have the right to terminate such rights, effective immediately
if the applicable Company Licensees or their Sublicensees fail to comply with the foregoing terms and conditions or otherwise fail to comply with any reasonable direction of Pfizer or any of its Affiliates in relation to the use of the Licensed
Marks. 

  

	 	10.3.4	 Recordation of this Agreement. Upon expiration or termination of this Agreement, in part or in whole, the applicable Pfizer Licensors and
Company Licensees shall, and shall cause their applicable Affiliates to, cooperate to effect cancellation or termination of any recordation of this Agreement with the 

  
 18 

	 	
applicable Governmental Authorities with respect to the applicable Licensed Marks and Licensed Copyrighted Works and each Pfizer Licensor and Company Licensee (on behalf of itself and its
applicable Affiliates) hereby grants to the applicable the Company Licensee and Pfizer Licensor, respectively, an irrevocable power of attorney coupled with an interest to effect such cancellation within twenty (20) days after such expiration
or termination (as applicable). 

  

	 	10.3.5	Other Rights and Remedies. Expiration and termination of this Agreement, in part or in its entirety, shall be without prejudice to any rights which shall
have accrued to the benefit of either Party prior to such expiration and termination (as applicable). 

  

	10.4	 Survival. Without limiting any other provisions in this Article 10, the following Sections and Articles (along with the provisions herein
that expressly specify survival terms or that would, by their nature, survive termination) shall survive expiration or termination of this Agreement for any reason (collectively, the “Surviving Provisions”): 2.5, 2.6, 4.1, 4.2, 5
(until the tenth (10th) anniversary of the Effective
Date), 6.2, 7, 8, 9.3, 10.3 and 11. 

 11. MISCELLANEOUS 

 

	11.1	Assignability. The Company may not assign (including in a bankruptcy or similar proceeding) or assume in a bankruptcy or similar proceeding this Agreement
or any rights, benefits, or obligations under or relating to this Agreement, in each case whether by operation of law or otherwise, without Pfizer’s prior written consent (which shall not be unreasonably withheld); provided that
the Company may assign its rights and obligations under this Agreement or any part hereof to one or more of its Affiliates, or to a successor to all or substantially all of its business and assets to which this Agreement (or part thereof that is
assigned) relates, without Pfizer’s consent. For clarity, Pfizer shall have the right to assign (including in a bankruptcy or similar proceeding) or assume in a bankruptcy or similar proceeding this Agreement or any rights, benefits, or
obligations under or relating to this Agreement, in each case whether by operation of law or otherwise, without the Company’s prior written consent. In the event of a permitted assignment hereunder, this Agreement will be binding upon the
Parties and their respective permitted successors and permitted assigns. Any attempted assignment that contravenes the terms of this Agreement shall be void ab initio and of no force or effect. 

 

	11.2	Governing Law; Dispute Resolution. This Agreement shall be governed by and construed and interpreted in accordance with the laws of the
State of New York, without regard to the conflict of laws principles thereof that would result in the application of any law other than the laws of the State of New York, and, to the extent applicable to Intellectual Property, the applicable federal
laws of the United States of America (without regard to conflict of laws principles). The procedures for discussion, negotiation and mediation set forth in Article VIII of the Global Separation Agreement shall apply to all disputes, controversies or
claims (whether arising in contract, tort or otherwise) that may arise out of or relate to, or arise under or in connection with this Agreement. 

  
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	11.3	Specific Performance. In the event of any actual or threatened default in, or breach of, any of the terms, conditions and provisions of this Agreement,
the Party or Parties who are or are to be thereby aggrieved shall have the right to specific performance and injunctive or other equitable relief of its rights under this Agreement, in addition to any and all other rights and remedies at law or in
equity, and all such rights and remedies shall be cumulative. 

  

	11.4	Force Majeure. No Party shall be deemed in default of this Agreement to the extent that any delay or failure in the performance of its obligations under
this Agreement results from any cause beyond its reasonable control and without its fault or negligence, such as acts of God, acts of civil or military authority, embargoes, epidemics, war, riots, insurrections, fires, explosions, earthquakes,
floods, unusually severe weather conditions, labor problems or unavailability of parts, or, in the case of computer systems, any failure in electrical or air conditioning equipment. In the event of any such excused delay, the time for performance
shall be extended for a period equal to the time lost by reason of the delay. 

  

	11.5	Advisors. It is acknowledged and agreed by each of the Parties that Pfizer, on behalf of itself and the other members of the Pfizer Group, has retained
each of the Persons identified on Schedule 11.11 to the Global Separation Agreement to act as counsel in connection with this Agreement, the Global Separation Agreement, the Ancillary Agreements, the Contribution and the other transactions
contemplated hereby and thereby and that the Persons listed on Schedule 11.11 to the Global Separation Agreement have not acted as counsel for the Company or any other member of the Company Group in connection with this Agreement, the Global
Separation Agreement, the Ancillary Agreements, the Contribution and the other transactions contemplated hereby and thereby and that none of the Company or any member of the Company Group has the status of a client of the Persons listed on Schedule
11.11 to the Global Separation Agreement for conflict of interest or any other purposes as a result thereof. The Company hereby agrees, on behalf of itself and each other member of the Company Group that, in the event that a dispute arises after the
Effective Date in connection with this Agreement, the Global Separation Agreement, the Ancillary Agreements, the Contribution and the other transactions contemplated hereby and thereby between Pfizer and the Company or any of the members of their
respective Groups, each of the Persons listed on Schedule 11.11 to the Global Separation Agreement may represent any or all of the members of the Pfizer Group in such dispute even though the interests of the Pfizer Group may be directly adverse to
those of the Company Group. The Company further agrees, on behalf of itself and each other member of the Company Group that, with respect to this Agreement, the Global Separation Agreement, the other Ancillary Agreements, the Contribution and the
other transactions contemplated hereby and thereby, the attorney-client privilege and the expectation of client confidence belongs to Pfizer or the applicable member of the Pfizer Group and may be controlled by Pfizer or such member of the Pfizer
Group and shall not pass to or be claimed by the Company or any member of the Company Group. Furthermore, the Company acknowledges and agrees that Skadden, Arps, Slate, Meagher & Flom, LLP is representing Pfizer, and not the Company, in
connection with the Transactions. 

  
 20 

	11.6	Notices. All notices or other communications under this Agreement shall be in writing and shall be deemed to be duly given when (a) delivered in
person or (b) deposited in the United States mail or private express mail, postage prepaid, addressed as follows: 

 If to a Pfizer Licensor, to: 
 Pfizer Inc. 

235 East 42nd Street 
 New York, NY 10017 
 Attention: General Counsel 

with a copy to: 
 If to a Company Licensee, to: 
 with a copy to: 

Any Party may, by notice to the other Party, change the address to which such notices are to be given. 

 

	11.7	Waivers of Default. Waiver by any Party of any default by the other Party of any provision of this Agreement shall not be deemed a waiver by the waiving
Party of any subsequent or other default, nor shall it prejudice the rights of the other Party. 

  

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

 

	11.9	Severability. If any provision of this Agreement or the application thereof to any Person or circumstance is determined by a court of competent
jurisdiction to be invalid, void, or unenforceable, the remaining provisions hereof or the application of such provision to Persons or circumstances or in jurisdictions other than those as to which it has been held invalid or unenforceable, shall
remain in full force and effect and shall in no way be affected, impaired, or invalidated thereby, so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner adverse to any Party. Upon such
determination, the Parties shall negotiate in good faith in an effort to agree upon such a suitable and equitable provision to effect the original intent of the Parties. 

  
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	11.10	Further Assurances. The Company and Pfizer hereby covenant and agree, without the necessity of any further consideration, to execute, acknowledge, and
deliver any and all such other documents and take any such other action as may be reasonably necessary or appropriate to implement this Agreement and carry out the intent and purposes of this Agreement. 

 

	11.11	Third Party Beneficiaries. Except for the indemnification rights under this Agreement of any Pfizer Indemnitee or Company Indemnitee in their respective
capacities as such and the express rights of the Pfizer Licensors and Company Licensees set forth herein, (a) the provisions of this Agreement are solely for the benefit of the Parties and are not intended to confer upon any Person (including
employees of the Parties) except the Parties any rights or remedies hereunder, and (b) there are no third party beneficiaries of this Agreement and this Agreement shall not provide any third person (including employees of the Parties) with any
remedy, claim, liability, reimbursement, claim of action, or other right in excess of those existing without reference to this Agreement. 

  

	11.12	Relationship of the Parties. Nothing contained in this Agreement shall be deemed to constitute a partnership, joint venture, or legal entity of any type
between Pfizer and the Company, or to constitute one Party as the agent of the other. Moreover, each Party agrees not to construe this Agreement, or any of the transactions contemplated hereby, as a partnership for any tax purposes. Each Party shall
act solely as an independent contractor, and nothing in this Agreement shall be construed to give any Party the power or authority to act for, bind, or commit the other Party. 

 

	11.13	No Construction Against Drafter. The Parties acknowledge that this Agreement and all the terms and conditions contained herein have been fully reviewed
and negotiated by the Parties. Having acknowledged the foregoing, the Parties agree that any principle of construction or rule of law that provides that, in the event of any inconsistency or ambiguity, an agreement shall be construed against the
drafter of the agreement shall have no application to the terms and conditions of this Agreement. 

  

	11.14	Headings. The article, section, and paragraph headings contained in this Agreement are for reference purposes only and shall not affect in any way the
meaning or interpretation of this Agreement. 

  
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	11.15	Interpretation. Words in the singular shall be held to include the plural and vice versa and words of one gender shall be held to include the other
genders as the context requires. The terms “hereof”, “herein” and “herewith” and words of similar import shall, unless otherwise stated, be construed to refer to this Agreement as a whole (including all of the
schedules, exhibits and appendices hereto) and not to any particular provision of this Agreement. Article, Section, Exhibit, Schedule and Appendix references are to the Articles, Sections, Exhibits, Schedules and Appendices to this Agreement unless
otherwise specified. The word “including” and words of similar import when used in this Agreement shall mean “including, without limitation”, unless the context otherwise requires or unless otherwise specified.

  

	11.16	Counterparts; Entire Agreement; Conflicting Agreements. 

  

	 	11.16.1	This Agreement may be executed in one or more counterparts, all of which shall be considered one and the same agreement, and shall become effective when one or more
counterparts have been signed by each of the Parties and delivered to the other Party. Execution of this Agreement or any other documents pursuant to this Agreement by facsimile or other electronic copy of a signature shall be deemed to be, and
shall have the same effect as, executed by an original signature. 

  

	 	11.16.2	This Agreement, the Global Separation Agreement, the Ancillary Agreements, the exhibits, the schedules, and appendices hereto and thereto contain the entire agreement
between the Parties with respect to the subject matter hereof, supersede all previous agreements, negotiations, discussions, writings, understandings, commitments and conversations with respect to such subject matter and there are no agreements or
understandings between the Parties with respect to such subject matter other than those set forth or referred to herein or therein. 

  

	 	11.16.3	If, a Pfizer Licensor and the applicable Company Licensee are parties to a Local Separation Agreement entered into prior to the Effective Date, any license of Licensed
Marks or Licensed Copyrighted Works pursuant to this Agreement shall be treated as occurring pursuant to such Local Separation Agreement on the effective date of such Local Separation Agreement. 

 

	 	11.16.4	Each Party hereby acknowledges on behalf of its Affiliates that this Agreement supersedes any agreement entered into by the Parties prior to the Effective Date with
respect to licensing of the Licensed Marks or the Licensed Copyrighted Works to the Company or any other member of the Company Group. 

  

	 	11.16.5	In the event and to the extent that there shall be a conflict between the provisions of this Agreement and the provisions of the Global Separation Agreement or any
other Ancillary Agreement, this Agreement shall prevail. 

 [Signature Page Follows]

  
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 IN WITNESS WHEREOF, the Parties have executed this Agreement in duplicate originals by their
proper officers. 
  

									
	PFIZER INC.	 		 	ZOETIS INC.
					
	By:	 	  
	 		 	By:	 	  

	Title:	 	  
	 		 	Title:	 	  

	Date:	 	  
	 		 	Date:	 	  

 SIGNATURE PAGE

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