Document:

ims - synavant distribution agreement

	

 

EXECUTION COPY 

DISTRIBUTION AGREEMENT 

 

between 

IMS HEALTH INCORPORATED 

and 

SYNAVANT INC. 

Dated as of August 31,
2000 

	TABLE OF CONTENTS	
Page
	
ARTICLE I DEFINITIONS	
1 

			
	
SECTION 1.1	GENERAL	1 
	SECTION 1.2	REFERENCES; INTERPRETATION	11 

		
	
ARTICLE II DISTRIBUTION AND OTHER TRANSACTIONS; CERTAIN COVENANTS	11 

			
			
			
	
SECTION 2.1	THE DISTRIBUTION AND OTHER TRANSACTIONS	11 
	SECTION 2.2	INTERCOMPANY ACCOUNTS AND THIRD PARTY ACCOUNTS	15 
	SECTION 2.3	CASH BALANCES	16 
	SECTION 2.4	ASSUMPTION AND SATISFACTION OF LIABILITIES	16 
	SECTION 2.5	RESIGNATIONS	17 
	SECTION 2.6	NON-SOLICITATION OF EMPLOYEES	17 
	SECTION 2.7	FURTHER ASSURANCES	17 
	SECTION 2.8	LIMITED REPRESENTATIONS OR WARRANTIES	17 
	SECTION 2.9	GUARANTEES	18 
	SECTION 2.10	WITNESS SERVICES	18 
	SECTION 2.11	CERTAIN POST-DISTRIBUTION TRANSACTIONS	18 
	SECTION 2.12	TRANSFERS NOT EFFECTED PRIOR TO THE DISTRIBUTION;
		TRANSFERS DEEMED EFFECTIVE AS OF THE DISTRIBUTION DATE	20 
	SECTION 2.13	CONVEYANCING AND ASSUMPTION INSTRUMENTS	20 
	SECTION 2.14	ANCILLARY AGREEMENTS	20 
	SECTION 2.15	CORPORATE NAMES	20 
	SECTION 2.16	JOINT BUSINESS OPPORTUNITIES; NON-COMPETITION;
		PROTECTION OF INFORMATION	21 

		
	
ARTICLE III INDEMNIFICATION	24 

			
	
SECTION 3.1	INDEMNIFICATION BY IMS	24 
	SECTION 3.2	INDEMNIFICATION BY ST	24 
	SECTION 3.3	PROCEDURES FOR INDEMNIFICATION	24 
	SECTION 3.4	INDEMNIFICATION PAYMENTS	25 

		
	
ARTICLE IV ACCESS TO INFORMATION	26 

			
	
SECTION 4.1	PROVISION OF CORPORATE RECORDS	26 
	SECTION 4.2	ACCESS TO INFORMATION	26 
	SECTION 4.3	REIMBURSEMENT; OTHER MATTERS	26 
	SECTION 4.4	CONFIDENTIALITY	26 
	SECTION 4.5	PRIVILEGED MATTERS	27 
	SECTION 4.6	OWNERSHIP OF INFORMATION	28 
	SECTION 4.7	LIMITATION OF LIABILITY	28 
	SECTION 4.8	OTHER AGREEMENTS PROVIDING FOR EXCHANGE OF
		INFORMATION 	28 

		
	
ARTICLE V ADMINISTRATIVE SERVICES	29 

			
	
SECTION 5.1	PERFORMANCE OF SERVICES	29 
	SECTION 5.2	INDEPENDENCE	29 
	SECTION 5.3	NON-EXCLUSIVITY	29 

		
	
ARTICLE VI DISPUTE RESOLUTION	29 

			
	
SECTION 6.1	NEGOTIATION	29 
	SECTION 6.2	ARBITRATION	30 
	SECTION 6.3	CONTINUITY OF SERVICE AND PERFORMANCE	30 

	

i 

		
	ARTICLE VII INSURANCE	31 

			
	
SECTION 7.1	POLICIES AND RIGHTS INCLUDED WITHIN ASSETS;	 
		ASSIGNMENT OF POLICIES	31 
	SECTION 7.2	POST-DISTRIBUTION DATE CLAIMS	31 
	SECTION 7.3	ADMINISTRATION; OTHER MATTERS	31 
	SECTION 7.4	AGREEMENT FOR WAIVER OF CONFLICT AND SHARED DEFENSE	32 
	SECTION 7.5	COOPERATION	32 

		
	
ARTICLE VIII MISCELLANEOUS	33 

			
	
SECTION 8.1	COMPLETE AGREEMENT; CONSTRUCTION	33 
	SECTION 8.2	ANCILLARY AGREEMENTS	33 
	SECTION 8.3	COUNTERPARTS	33 
	SECTION 8.4	SURVIVAL OF AGREEMENTS	33 
	SECTION 8.5	EXPENSES	33 
	SECTION 8.6	PAYMENTS	33 
	SECTION 8.7	NOTICES	33 
	SECTION 8.8	WAIVERS	34 
	SECTION 8.9	AMENDMENTS	34 
	SECTION 8.10	ASSIGNMENT	34 
	SECTION 8.11	SUCCESSORS AND ASSIGNS	34 
	SECTION 8.12	TERMINATION	34 
	SECTION 8.13	SUBSIDIARIES	34 
	SECTION 8.14	THIRD PARTY BENEFICIARIES	35 
	SECTION 8.15	TITLE AND HEADINGS	35 
	SECTION 8.16	EXHIBITS AND SCHEDULES	35 
	SECTION 8.17	GOVERNING LAW	35 
	SECTION 8.18	CONSENT TO JURISDICTION	35 
	SECTION 8.19	SEVERABILITY	35 

	

ii

	

DISTRIBUTION AGREEMENT 

	 	        This
DISTRIBUTION AGREEMENT (this “Agreement”) is dated as of August 31, 2000, by
and between IMS HEALTH INCORPORATED, a Delaware corporation (“IMS”), and
SYNAVANT INC., a Delaware corporation, and, prior to the Distribution (as defined
herein), a wholly-owned subsidiary of IMS (“ST”).  

	 	        WHEREAS,
IMS, acting through the ST Group (as defined herein), currently conducts a number of
businesses, including, without limitation, (i) providing automated sales support
technologies to the pharmaceutical industry, (ii) providing direct marketing services
(the “Clark-O’Neill business”), and (iii) providing direct mail marketing
services in Australia (the “Permail business”), and in the past has conducted a
number of other businesses through the ST Group or its predecessors which have been
discontinued, sold or transferred;  

	 	        WHEREAS,
the Board of Directors of IMS has determined that it is appropriate, desirable and in the
best interests of IMS and its businesses, as well as of the holders of shares of common
stock, par value $0.01 per share, of IMS (the “IMS Common Stock”), to
reorganize IMS to separate from IMS all of the ST Business (as defined herein) and to
cause such ST Business to be owned and conducted, directly or indirectly, by ST (the
“Spin-Off”);  

	 	        WHEREAS,
in order to effect the Spin-Off, the Board of Directors of IMS has determined that it is
appropriate, desirable and in the best interests of IMS and its businesses, as well as of
the holders of IMS Common Stock, for IMS (i) to take certain steps to reorganize IMS’ Subsidiaries
(as defined herein) and businesses, including, prior to the Distribution, the
consummation of the restructuring steps more fully set forth on Exhibit A hereto and (ii)
upon the completion of such reorganization to distribute to the holders of IMS Common
Stock all the outstanding shares of common stock, par value $0.01 per share, of ST (the
“ST Common Shares”), together with the associated Rights (as defined herein),
as set forth herein;  

	 	        WHEREAS,
each of IMS and ST has determined that it is necessary and desirable, on or prior to the
Distribution Date (as defined herein), to allocate and transfer those assets and to
allocate and assign responsibility for those liabilities in respect of the activities of
the businesses of such entities and those assets and liabilities in respect of other
businesses and activities of IMS and its current and former Subsidiaries and other
matters; and  

	 	        WHEREAS,
each of IMS and ST has determined that it is necessary and desirable to set forth the
principal corporate transactions required to effect such Distribution and to set forth
other agreements that will govern certain other matters following the Distribution.  

	 	        NOW,
THEREFORE, in consideration of the mutual agreements, provisions and covenants contained
in this Agreement, the parties hereby agree as follows:  

	

ARTICLE I
DEFINITIONS 

	 	        SECTION
1.1 GENERAL. As used in this Agreement, the following terms shall have the following
meanings:  

		    (a)                     “Action” shall
mean any action, suit, arbitration, inquiry, proceeding           or investigation by or
before any court, any governmental or other regulatory or           administrative
agency, body or commission or any arbitration tribunal.  

		    (b)                     “Affiliate” shall
mean, when used with respect to a specified person,           another person that
controls, is controlled by, or is under common control with           the person
specified. As used herein, “control” means the possession,           directly
or indirectly, of the power to direct or cause the direction of the           management
and policies of such person, whether through the ownership of voting           securities
or other interests, by contract or otherwise.  

		    (c)           “Agent” shall
have the meaning set forth in Section 2.1(b).  

		    (d)                     “Agreement” shall
have the meaning set forth in the recitals hereto.  

		    (e)                     “Agreement
Disputes” shall have the meaning set forth in Section 6.1.  

		    (f)                     “allocable
portion of Insurance Proceeds” shall have the meaning set           forth in Section
7.3(c).  

		    (g)                     “allocable
share of the deductible” shall have the meaning set forth           in Section
7.3(d).  

		    (h)                     “Ancillary
Agreements” shall mean all of the written agreements,           instruments,
assignments or other arrangements (other than this Agreement)           entered into in
connection with the transactions contemplated hereby, including,           without
limitation, the Conveyancing and Assumption Instruments, the Employee           Benefits
Agreement, the Tax Allocation Agreement, the Corporate Services           Agreement, the
Data and Telecommunications Services Agreement, the Xponent and           Pharbase data
license agreements, the Shared Transaction Services Agreements and           the IMS Bank
Guaranty.  

		    (i)     
                “Assets” shall
mean assets, properties and rights (including           goodwill), wherever located
(including in the possession of vendors or other           third parties or elsewhere),
whether real, personal or mixed, tangible,           intangible or contingent, in each
case whether or not recorded or reflected or           required to be recorded or
reflected on the books and records or financial           statements of any person,
including, without limitation, the following:  

		    (i)                     all
accounting and other books, records and files whether in paper, microfilm,
          microfiche, computer tape or disc, magnetic tape or any other form;  

		    (ii)                     all
apparatus, computers and other electronic data processing equipment,           fixtures,
machinery, equipment, furniture, office equipment, automobiles,           trucks,
aircraft and other transportation equipment, special and general tools,           test
devices, prototypes and models and other tangible personal property;  

		    (iii)                     all
inventories of materials, parts, raw materials, supplies, work-in-process           and
finished goods and products;  

		    (iv)                     all
interests in real property of whatever nature, including easements, whether           as
owner, mortgagee or holder of a Security Interest in real property, lessor,
          sublessor, lessee, sublessee or otherwise;  

		    (v)                     all
interests in any capital stock or other equity interests of any Subsidiary           or
any other person, all bonds, notes, debentures or other securities issued by
          any Subsidiary or any other person, all loans, advances or other extensions of
          credit or capital contributions to any Subsidiary or any other person and all
          other investments in securities of any person;  

	

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		    (vi)                     all
license agreements, leases of personal property, open purchase orders for           raw
materials, supplies, parts or services, unfilled orders for the manufacture           and
sale of products and other contracts, agreements or commitments;  

		    (vii)                     all
deposits, letters of credit and performance and surety bonds;  

		    (viii)                     all
written technical information, data, specifications, research and           development
information, engineering drawings, operating and maintenance           manuals, and
materials and analyses prepared by consultants and other third           parties;  

		    (ix)                     all
domestic and foreign patents, copyrights, trade names, trademarks, service
          marks and registrations and applications for any of the foregoing, mask works,
          trade secrets, inventions, data bases, other proprietary information and
          licenses from third persons granting the right to use any of the foregoing;  

		    (x)                     all
computer applications, programs and other software, including operating
          software, network software, firmware, middleware, design software, design
tools,           systems documentation and instructions;  

		    (xi)                     all
cost information, sales and pricing data, customer prospect lists, supplier
          records, customer and supplier lists, customer and vendor data, correspondence
          and lists, product literature, artwork, design, development and manufacturing
          files, vendor and customer drawings, formulations and specifications, quality
          records and reports and other books, records, studies, surveys, reports, plans
          and documents;  

		    (xii)                     all
prepaid expenses, trade accounts and other accounts and notes receivable;  

		    (xiii)                     all
rights under contracts or agreements, all claims or rights against any           person
arising from the ownership of any asset, all rights in connection with           any bids
or offers and all claims, choses in action or similar rights, whether           accrued
or contingent;  

		    (xiv)                     all
rights under insurance policies and all rights in the nature of insurance,
          indemnification or contribution;  

		    (xv)                     all
licenses, permits, approvals and authorizations which have been issued by           any
Governmental Authority;  

		    (xvi)                     cash
or cash equivalents, bank accounts, lock boxes and other deposit           arrangements;
and  

		    (xvii)                     interest
rate, currency, commodity or other swap, collar, cap or other hedging           or
similar agreements or arrangements.  

		    (j)                     “Assignee” shall
have the meaning set forth in Section 2.1(f).  

		    (k)                     “Business
Entity” shall mean any corporation, partnership, limited           liability company
or other entity which may legally hold title to Assets.  

	

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		    (l)                     “Claims
Administration” shall mean the processing of claims made under           the Shared
Policies, including, without limitation, the reporting of claims to           the
insurance carriers and the management of the defense of claims.  

		    (m)                     “Clark-O’Neill
business” shall have the meaning set forth in the           recitals hereto.  

		    (n)                     “Code” shall
mean the Internal Revenue Code of 1986, as amended, and           the Treasury
regulations promulgated thereunder, including any successor           legislation.  

		    (o)                     “Commission” shall
mean the U.S. Securities and Exchange Commission.  

		    (p)                     “Conveyancing
and Assumption Instruments” shall mean, collectively,           the various
agreements, instruments and other documents heretofore entered into           and to be
entered into to effect the transfer of Assets and the assumption of           Liabilities
in the manner contemplated by this Agreement, or otherwise arising           out of or
relating to the transactions contemplated by this Agreement,           including, but not
limited to, by contribution, assignment or sale, which shall           be in
substantially the forms attached hereto as Schedule 1.1(p) for transfers           to be
effected pursuant to New York law or the laws of one of the other states           of the
United States, or, if not appropriate for a given transfer, and for           transfers
to be effected pursuant to non-U.S. laws, shall be in such other form           or forms
as the parties agree and as may be required by the laws of such           non-U.S.
jurisdictions.  

		    (q)                     “Corporate
Services Agreement” shall mean the Corporate Services           Agreement by and
between IMS and ST, dated as of August 31, 2000.  

		    (r)                     “CTS” shall
mean Cognizant Technologies Solutions Corporation.  

		    (s)                     “Data
Integrator” shall have the meaning set forth in Section 2.16(c).  

		    (t)                     “Distribution” shall
mean the distribution on the Distribution Date to           holders of record of shares
of IMS Common Stock as of the Distribution Record           Date of the ST Common Shares
owned by IMS on the basis of one ST Common Share           for every 20 outstanding
shares of IMS Common Stock.  

		    (u)                     “Distribution
Date” shall mean August 31, 2000.  

		    (v)                     “Distribution
Record Date” shall mean the close of business on July           28, 2000.  

		    (w)                     “E-Detailing” shall
have the meaning set forth in Section 2.16(c).  

		    (x)                     “Effective
Time” shall mean immediately prior to the midnight, New           York time, ending
the 24-hour period comprising August 31, 2000.  

		    (y)                     “Employee
Benefits Agreement” shall mean the Employee Benefits           Agreement by and
between IMS and ST, dated as of August 31, 2000.  

		    (z)                     “Form
10” shall have the meaning set forth in Section 2.1(c).  

		    (aa)                     “Funded
Liabilities” shall have the meaning set forth in Section           2.3(a).  

		    (bb)                     “Gartner
Distribution Agreement” shall mean the Distribution Agreement           by and
between IMS and the Gartner Group, Inc., dated as of June 17, 1999.  

	

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		    (cc)                     “Governmental
Authority” shall mean any federal, state, local, foreign           or international
court, government, department, commission, board, bureau,           agency, official or
other regulatory, administrative or governmental authority.  

		    (dd)                     “IMS” shall
have the meaning set forth in the recitals hereto. (ee)           “IMS Assets” shall
mean, collectively, all the rights and Assets owned           or held by IMS or any
Subsidiary of IMS immediately prior to the Effective Time,           except the ST
Assets.  

		    (ff)                     “IMS
Bank Guaranty” shall mean the Guarantee Agreement by and between           IMS and
SunTrust Bank, dated as of August 11, 2000.  

		    (gg)                     “IMS
Business” shall mean each and every business conducted at any           time by IMS
or any Subsidiary of IMS prior to the Effective Time, except the ST           Business.  

		    (hh)                     “IMS
Common Stock” shall have the meaning set forth in the recitals           hereto.  

		    (ii)                     “IMS
Group” shall mean IMS and each person (other than any member of           the ST
Group) that is a Subsidiary of IMS immediately prior to the Effective           Time.  

		    (jj)                     “IMS
Contracts” shall mean all the contracts and agreements to which           IMS or any
of its Affiliates is a party or by which it or any of its Affiliates           is bound
immediately prior to the Effective Time, except the ST Contracts.  

		    (kk)                     “IMS
Indemnitees” shall mean IMS, each member of the IMS Group, each           of their
respective present and former directors, officers, employees and agents           and
each of the heirs, executors, successors and assigns of any of the           foregoing,
as well as any present and former directors, officers, employees and           agents of
IMS prior to the Effective Time and each of their heirs, executors,           successors
and assigns, except the ST Indemnitees.  

		    (ll)                     “IMS
Liabilities” shall mean collectively, all obligations and           Liabilities of
IMS or any Subsidiary of IMS immediately prior to the Effective           Time, except
the ST Liabilities.  

		    (mm)                     “IMS
Policies” shall mean all Policies, current or past, which are           owned or
maintained by or on behalf of IMS or any Subsidiary of IMS immediately           prior to
the Effective Time which do not relate to the ST Business and which           Policies
are either maintained by IMS or a member of the IMS Group or are           assignable to
IMS or a member of the IMS Group.  

		    (nn)                     “IMS
Retained Businesses” shall have the meaning set forth in Section           2.16.  

		    (oo)                     “Indemnifiable
Losses” shall mean any and all losses, liabilities,           claims, damages,
demands, costs or expenses (including, without limitation,           reasonable attorneys’ fees
and any and all out-of-pocket expenses)           reasonably incurred in investigating,
preparing for or defending against any           Actions or potential Actions or in
settling any Action or potential Action or in           satisfying any judgment, fine or
penalty rendered in or resulting from any           Action.  

		    (pp)                     “Indemnifying
Party” shall have the meaning set forth in Section 3.3.  

		    (qq)                            “Indemnitee” shall
have the meaning set forth in Section 3.3.  

	

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		    (rr)                     “Indemnity
and Joint Defense Agreement” shall mean the Indemnity and           Joint Defense
Agreement dated as of October 28, 1996 by and among Cognizant           Corporation, The
Dun & Bradstreet Corporation and ACNielsen Corporation.  

		    (ss)                     “Information
Statement” shall mean the Information Statement sent to           the holders of
shares of IMS Common Stock in connection with the Distribution,           including any
amendment or supplement thereto.  

		    (tt)                     “Insurance
Administration” shall mean, with respect to each Shared           Policy, the
accounting for premiums, retrospectively rated premiums, defense           costs,
indemnity payments, deductibles and retentions, as appropriate, under the           terms
and conditions of each of the Shared Policies; and the reporting to excess
          insurance carriers of any losses or claims which may cause the per-occurrence,
          per-claim or aggregate limits of any Shared Policy to be exceeded, and the
          distribution of Insurance Proceeds as contemplated by this Agreement.  

		    (uu)                     “Insurance
Proceeds” shall mean those monies (i) received by an           insured from an
insurance carrier or (ii) paid by an insurance carrier on behalf           of an insured,
in either case net of any applicable premium adjustment,           retrospectively rated
premium, deductible, retention, or cost of reserve paid or           held by or for the
benefit of such insured.  

		    (vv)                     “Insured
Claims” shall mean those Liabilities that, individually or in           the
aggregate, are covered within the terms and conditions of any of the Shared
          Policies, whether or not subject to deductibles, co-insurance, uncollectibility
          or retrospectively rated premium adjustments.  

		    (ww)                     “Intercompany
Accounts” shall mean all accounts between IMS and ST and           their respective
Subsidiaries (as defined herein), including receivables,           payables and loans, or
any other accounts that may arise, that are not           designated as Third Party
Accounts (as defined herein).  

		    (xx)                     “IRI
Action” shall mean the complaint filed in the United States           District Court
for the Southern District of New York on July 29, 1996 by           Information
Resources, Inc. naming as defendants The Dun & Bradstreet           Corporation, A C
Nielsen Company and IMS International, Inc.  

		    (yy)                     “Liabilities” shall
mean any and all losses, claims, charges, debts,           demands, actions, causes of
action, suits, damages, obligations, payments, costs           and expenses, sums of
money, accounts, reckonings, bonds, specialties,           indemnities and similar
obligations, exonerations, covenants, contracts,           controversies, agreements,
promises, doings, omissions, variances, guarantees,           make whole agreements and
similar obligations, and other liabilities, including           all contractual
obligations, whether absolute or contingent, matured or           unmatured, liquidated
or unliquidated, accrued or unaccrued, known or unknown,           whenever arising, and
including those arising under any law, rule, regulation,           Action, threatened or
contemplated Action (including the costs and expenses of           demands, assessments,
judgments, settlements and compromises relating thereto           and attorneys’ fees
and any and all costs and expenses whatsoever           reasonably incurred in
investigating, preparing or defending against any such           Actions or threatened or
contemplated Actions), order or consent decree of any           governmental or other
regulatory or administrative agency, body or commission or           any award of any
arbitrator or mediator of any kind, and those arising under any           contract,
commitment or undertaking, including those arising under this           Agreement or any
Ancillary Agreement, in each case, whether or not recorded or           reflected or
required to be recorded or reflected on the books and records or           financial
statements of any person.  

		    (zz)                     “1996
Distribution” shall mean the Distribution described in the 1996
          Distribution Agreement.  

	

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		    (aaa)                     “1998
Distribution” shall mean the Distribution described in the 1998
          Distribution Agreement.  

		    (bbb)                     “1996
Distribution Agreement” shall mean the Distribution Agreement           among
Cognizant Corporation, The Dun & Bradstreet Corporation and A C           Nielsen
Corporation, dated as of October 28, 1996.  

		    (ccc)                     “1998
Distribution Agreement” shall mean the Distribution Agreement           between
Cognizant Corporation and IMS Health Incorporated, dated as of June 30,           1998.  

		    (ddd)                     “Non-U.S.
Cash Target” shall have the meaning set forth in Section           2.3(a).  

		    (eee)                     “person” shall
mean any natural person, Business Entity, corporation,           business trust, joint
venture, association, company, partnership, other entity           or government, or any
agency or political subdivision thereof.  

		    (fff)                     “Permail
business” shall have the meaning set forth in the recitals           hereto.  

		    (ggg)                     “Policies” shall
mean insurance policies and insurance contracts of           any kind (other than life
and benefits policies or contracts), including,           without limitation, primary,
excess and umbrella policies, comprehensive general           liability policies,
director and officer liability, fiduciary liability,           automobile, aircraft,
property and casualty, workers’ compensation and           employee dishonesty
insurance policies, bonds and self-insurance and captive           insurance company
arrangements, together with the rights, benefits and           privileges thereunder.  

		    (hhh)                     “Records” shall
have the meaning set forth in Section 4.1.  

		    (iii)                     “Restricted
Period” shall have the meaning set forth in Section 2.16.  

		    (jjj)                     “Retained
Businesses” shall have the meaning set forth in Section           2.16.  

		    (kkk)                     “Rights” shall
have the meaning set forth in Section 2.1(c).  

		    (lll)                     “Rules” shall
have the meaning set forth in Section 6.2.  

		    (mmm)                     “Security
Interest” shall mean any mortgage, security interest,           pledge, lien,
charge, claim, option, right to acquire, voting or other           restriction,
right-of-way, covenant, condition, easement, encroachment,           restriction on
transfer, or other encumbrance of any nature whatsoever.  

		    (nnn)                     “Shared
Policies” shall mean all Policies, current or past, which are           owned or
maintained by or on behalf of IMS or any Subsidiary of IMS immediately           prior to
the Effective Time which relate to the IMS Business and the ST           Business.  

		    (ooo)                     “Shared
Transaction Services Agreements” shall mean the Shared           Transaction
Services Agreement, dated as of August 31, 2000, by and between IMS           and ST and
the Shared Transaction Services Agreement, dated as of August 31,           2000, or as
soon as reasonably practicable thereafter, by and between IMS AG and           various
non-US subsidiaries of ST.  

		    (ppp)                     “Spin-Off” shall
have the meaning set forth in the recitals hereto.  

		    (qqq)                     “ST” shall
have the meaning set forth in the recitals hereto.  

	

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		    (rrr)                     “ST
Assets” shall mean:  

		    (i)                     the
ownership interests in those Business Entities listed on Schedule           1.1(rrr)(i);  

		    (ii)                     any
and all Assets that are expressly contemplated by this Agreement, including
          those on the list of pre-Distribution reorganization transactions attached as
          Schedule 1.1(rrr)(ii) hereto, or any Ancillary Agreement (or included on any
          Schedule hereto or thereto) as Assets which have been or are to be transferred
          to ST or any other member of the ST Group prior to the Effective Time or are to
          remain with ST or any member of the ST Group subsequent to the Effective Time;  

		    (iii)                     any
Assets reflected on the ST Balance Sheet or the accounting records           supporting
such balance sheet and any Assets acquired by or for ST or any member           of the ST
Group subsequent to the date of such balance sheet which, had they           been so
acquired on or before such date and owned as of such date, would have           been
reflected on such balance sheet if prepared on a consistent basis, subject           to
any dispositions of any of such Assets subsequent to the date of such balance
          sheet;  

		    (iv)                     subject
to Article VII, any rights of any member of the ST Group under any of           the
Policies, including any rights thereunder arising from and after the           Effective
Time in respect of any Policies that are occurrence policies; and  

		    (v)                     any
ST Contracts, any rights or claims arising thereunder, and any other rights           or
claims or contingent rights or claims primarily relating to or arising from           any
ST Asset or the ST Business.  

	 	
Notwithstanding
the foregoing, the ST Assets shall not in any event include: 

		    
              (y)    
      any

Assets primarily relating to or used in any terminated or divested
                  
                 Business
          Entity, business or operation formerly owned or managed

                  
                 by or associated
 with IMS, ST or any ST Business, except for those

                  
                 Assets primarily
 relating to or used in those Business Entities,

                  
                 businesses or operations listed on Schedule 1.1(rrr)(v)(y); or  

		     
              (z)
          any
and all Assets that are expressly contemplated by this

                  
 
         

                  
       Agreement or any Ancillary Agreement (or the Schedules hereto or

                  
                thereto) as Assets
to be transferred or conveyed to any member of

                  
                the IMS Group,
 including those Assets listed on Schedule 1.1(rrr)(v)
                  
                (z).

	 	
In
the event of any inconsistency or conflict which may arise in the application or
interpretation of any of the foregoing provisions, for the purpose of determining what is
and is not a ST Asset, any item explicitly included on a Schedule referred to in this
Section 1.1(rrr)(v) shall take priority over any inconsistent provisions herein or Annex
A or Schedule 1.1(sss) hereto, and clause (y) shall take priority over clause (z) hereof
of this Section 1.1(rrr)(v). 

	

-8- 

		    (sss)                     “ST
Balance Sheet” shall mean the combined balance sheet of the ST           Group,
including the notes thereto, as of June 30, 2000, set forth as Schedule
          1.1(sss) hereto.  

		    (ttt)                     “ST
Business” shall mean (i) the businesses conducted by the           subsidiaries of
ST set forth on Schedule 1.1(ttt)(i) hereto, (ii) the           pharmaceutical industry
automated sales and marketing support business of IMS           Health Strategic
Technologies, Inc., a Delaware corporation and wholly owned           subsidiary of IMS,
and the businesses of certain other foreign subsidiaries of           IMS, as set forth
on Schedule 1.1(ttt)(ii) hereto, and (iii) the interactive and           direct marketing
business of IMS, including the Clark-O’Neill business, as           set forth on
Schedule 1.1(ttt)(iii) hereto.  

		    (uuu)                     “ST
Common Shares” shall have the meaning set forth in the recitals           hereto.  

		    (vvv)                     “ST
Contracts” shall mean the following contracts and agreements to           which ST
or any of its Affiliates is a party or by which it or any of its           Affiliates or
any of their respective Assets is bound, whether or not in           writing, except for
any such contract or agreement that is not expressly           contemplated to be
transferred or assigned to ST, or any other member of the ST           Group prior to the
Effective Time, or to remain with ST, or any other member of           the ST Group
subsequent to the Effective Time, pursuant to any provision of this           Agreement
or any Ancillary Agreement:  

	 	        (i)	 any
contracts or agreements listed or described on Schedule 1.1(vvv)(i); (ii)any
contract or agreement entered into in the name of, or expressly on behalf of,
any division, business unit or member of the ST Group;

	 	        (iii)	 any
contract or agreement that relates primarily to the ST Business;

	 	        (iv) 	 federal,
state and local government and other contracts and agreements that are           listed
or described on Schedule 1.1(vvv)(iv) and any other government contracts           or
agreements entered into after the date hereof and prior to the Effective Time
          that relate primarily to the ST Business;

	 	        (v) 	 any
contract or agreement representing capital or operating equipment lease
          obligations reflected on the ST Balance Sheet, including obligations as lessee
          under those contracts or agreements listed on Schedule 1.1(vvv)(v);

	 	        (vi) 	 any
contract or agreement that is otherwise expressly contemplated pursuant to           this
Agreement or any of the Ancillary Agreements to be transferred or assigned           to
ST or any member of the ST Group prior to the Effective Time or to remain           with
ST or any member of the ST Group subsequent to the Effective Time; and

	 	        (vii) 	any
guarantee, indemnity, representation or warranty of any member of the ST           Group.

		    (www)                     “ST
Group” shall mean (i) ST, (ii) Clark-O’Neill, Inc., a New           Jersey
corporation (“Clark-O’Neill”), and (iii) each Business           Entity
which is contemplated to become a Subsidiary of ST hereunder prior to the
          Effective Time, which shall include those identified as such on Schedules
          1.1(rrr)(i) (which Schedule shall also indicate the amount of ST’s direct
          or indirect ownership interest therein) and 1.1(rrr)(ii) hereto.  

	

-9- 

		    (xxx)                     “ST
Indemnitees” shall mean ST, each member of the ST Group, each of           their
respective present and former directors, officers, employees and agents           and
each of the heirs, executors, successors and assigns of any of the           foregoing.  

		    (yyy)                     “ST
Liabilities” shall mean:  

	 	        (i) 	 any
and all Liabilities that are expressly contemplated by this Agreement or any
          Ancillary Agreement (or the Schedules hereto or thereto) as Liabilities to be
          assumed by ST or any member of the ST Group prior to the Effective Time or to
          remain with any member of the ST Group subsequent to the Effective Time, and
all           agreements, obligations and Liabilities of ST or any member of the ST Group
          under this Agreement or any of the Ancillary Agreements, including those
          Liabilities set forth on Schedule 1.1(yyy)(i) hereto;

	 	        (ii) 	 all
Liabilities (other than Taxes and any employee-related Liabilities subject           to
the provisions of the Tax Allocation Agreement and the Employee Benefits
          Agreement, respectively), primarily relating to, arising out of or resulting
          from:

	 	                        (A) 	  the
operation of the ST Business, as conducted at any time prior to, on or after
          the Effective Time (including any Liability relating to, arising out of or
          resulting from any act or failure to act by any director, officer, employee,
          agent or representative (whether or not such act or failure to act is or was
          within such person’s authority));

	 	                        (B) 	  any
ST Assets; 

                                                                whether arising before, on or after
the Effective Time; and 

	 	        (iii) 	    all
Liabilities reflected as liabilities or obligations on the ST Balance Sheet           or
the accounting records supporting such balance sheet, and all Liabilities
          arising or assumed after the date of such balance sheet which, had they arisen
          or been assumed on or before such date and been retained as of such date, would
          have been reflected on such balance sheet, subject to any discharge of such
          Liabilities subsequent to the date of the ST Balance Sheet. 

	 	        Notwithstanding
the foregoing, the ST Liabilities shall not include:  

	 	        (x) 	     any
Liabilities that are expressly contemplated by this Agreement or any           Ancillary
Agreement (or the Schedules hereto or thereto) as Liabilities to be           assumed by
IMS or any member of the IMS Group; 

	 	        (y) 	    any
Liabilities primarily relating to, arising out of or resulting from any
          terminated or divested Business Entity, business or operation formerly owned or
          managed by or associated with IMS or any ST Business except for Liabilities
          primarily relating to, arising out of or resulting from those Business
Entities,           businesses or operations listed in Schedule 1.1(yyy)(y); or 

	 	        (z) 	  all
agreements and obligations of any member of the IMS Group under this           Agreement
or any of the Ancillary Agreements. 

	

-10- 

		    (zzz)                     “ST
Policies” shall mean all Policies, current or past, which are           owned or
maintained by or on behalf of ST or any Subsidiary of ST immediately           prior to
the Effective Time, which do not relate to the IMS Business.  

		    
(aaaa)                  “ST
Retained Businesses” shall have the meaning set forth in Section 2.16.  

		    
(bbbb)           “Subsidiary” shall
mean any corporation, partnership or other entity           of which another entity (i)
owns, directly or indirectly, ownership interests           sufficient to elect a
majority of the Board of Directors (or persons performing           similar functions)
(irrespective of whether at the time any other class or           classes of ownership
interests of such corporation, partnership or other entity           shall or might have
such voting power upon the occurrence of any contingency) or           (ii) is a general
partner or an entity performing similar functions (e.g., a           trustee).  

		    (cccc)                     “Tax” shall
have the meaning set forth in the Tax Allocation           Agreement.  

		    (dddd)                     “Tax
Allocation Agreement” shall mean the Tax Allocation Agreement by           and
between IMS and ST, dated as of August 31, 2000.  

		    (eeee)                            “Third
Party Accounts” shall mean all accounts between IMS, ST or           their
respective Subsidiaries on the one hand, and third parties on the other           hand,
including receivables, payables and loans, or any other accounts that may
          arise, that are not designated as Intercompany Accounts.  

		    (ffff)                     “Third
Party Claim” shall have the meaning set forth in Section 3.3.  

		    (gggg)                     “U.S.
Cash Target” shall have the meaning set forth in Section 2.3(a).  

	 	        SECTION
1.2 REFERENCES; INTERPRETATION. References in this Agreement to any gender include
references to all genders, and references to the singular include references to the
plural and vice versa. The words “include,” “includes” and “including” when
used in this Agreement shall be deemed to be followed by the phrase “without
limitation.” Unless the context otherwise requires, references in this Agreement to
Articles, Sections, Exhibits and Schedules shall be deemed references to Articles and
Sections of, and Exhibits and Schedules to, such Agreement. Unless the context otherwise
requires, the words “hereof,” “hereby” and “herein” and
words of similar meaning when used in this Agreement refer to this Agreement in its
entirety and not to any particular Article, Section or provision of this Agreement.  

	

ARTICLE II
DISTRIBUTION AND OTHER
TRANSACTIONS; CERTAIN COVENANTS

	 	        SECTION
2.1 THE DISTRIBUTION AND OTHER TRANSACTIONS.  

		    (a)                     CERTAIN
TRANSACTIONS. On or prior to the Distribution Date, IMS shall, on behalf           of
itself and its Subsidiaries, transfer or cause to be transferred to ST or
          another member of the ST Group, effective prior to or as of the Effective Time,
          all of IMS’ and its Subsidiaries’ right, title and interest in the ST
          Assets.  

	

-11- 

		    (b)                     STOCK
DIVIDEND TO IMS. On or prior to the Distribution Date, ST shall issue to           IMS as
a stock dividend (i) such number of ST Common Shares as will be required           to
effect the Distribution, as certified by IMS’ stock transfer agent (the
          “Agent”). In connection therewith IMS shall deliver to ST for
          cancellation the share certificate held by it representing ST Common Shares and
          shall receive a new certificate or certificates representing the total number
of           ST Common Shares to be owned by IMS after giving effect to such stock
dividend.           Each ST Common Share delivered by ST to IMS shall be validly issued,
fully paid           and nonassessable and free of any preemptive
(or similar) rights. 

		    (c)                     CHARTERS;
BY-LAWS; RIGHTS PLANS. On or prior to the Distribution Date, all           necessary
actions shall have been taken to provide for the adoption of the form           of
Certificate of Incorporation and By-laws and the execution and delivery of           the
form of Rights Agreement, relating to the preferred share purchase rights
          relating to the ST Common Shares (the “Rights”), filed by ST with the
          Commission as exhibits to ST’s Registration Statement on Form 10 (the
          “Form 10”).  

		    (d)                     DIRECTORS.
On or prior to the Distribution Date, IMS, as the sole stockholder of           ST, shall
have taken all necessary actions on or prior to the Distribution Date           to cause
the Board of Directors of ST to consist of the individuals identified           in the
Information Statement as directors of ST.  

		    (e)                     CERTAIN
LICENSES AND PERMITS. Without limiting the generality of the obligations           set
forth in Section 2.1(a), on or prior to the Distribution Date or as soon as
          reasonably practicable thereafter:  

		    (i)                     all
transferable licenses, permits and authorizations issued by any Governmental
          Authority which do not relate primarily to the IMS Business but which are held
          in the name of IMS or any member of the IMS Group, or in the name of any
          employee, officer, director, stockholder or agent of IMS or any such member, or
          otherwise, on behalf of a member of the ST Group shall be duly and validly
          transferred or caused to be transferred by IMS to the appropriate member of the
          ST Group; and  

		    (ii)                     all
transferable licenses, permits and authorizations issued by Governmental
          Authorities which relate primarily to the IMS Business but which are held in
the           name of any member of the ST Group, or in the name of any employee,
officer,           director, stockholder, or agent of any such member, or otherwise, on
behalf of a           member of the IMS Group shall be duly and validly transferred or
caused to be           transferred by ST to IMS or the appropriate member of the IMS
Group.  

		    (f)                     TRANSFER
OF AGREEMENTS. Without limiting the generality of 1the obligations set           forth in
Section 2.1(a):  

		    (i)                     IMS
hereby agrees that, on or prior to the Distribution Date or as soon as
          reasonably practicable thereafter, subject to the limitations set forth in this
          Section 2.1(f), it will, and it will cause each member of the IMS Group to,
          assign, transfer and convey to the appropriate member of the ST Group all of
          IMS’ or such member of the IMS Group’s respective right, title and
          interest in and to any and all ST Contracts;  

		    (ii)                     ST
hereby agrees that, on or prior to the Distribution Date or as soon as
          reasonably practicable thereafter, subject to the limitations set forth in this
          Section 2.1(f), it will, and it will cause each member of the ST Group to,
          assign, transfer and convey to IMS or the appropriate member of the IMS Group
          all of ST’s or such member of the ST Group’s respective right, title
          and interest in and to any and all IMS Contracts;  

		    (iii)                     subject
to the provisions of this Section 2.1(f), any agreement to which any of           the
parties hereto or any of their Subsidiaries is a party that inures to the
          benefit of both the IMS Business and the ST Business shall be assigned in part
          so that each party shall be entitled to the rights and benefits inuring to its
          business under such agreement;  

	

-12- 

		    (iv)                     the
assignee of any agreement assigned, in whole or in part, hereunder (an           “Assignee”)
shall assume and agree to pay, perform, and fully           discharge all obligations of
the assignor under such agreement or, in the case           of a partial assignment under
paragraph (f)(iii), such Assignee’s related           portion of such obligations as
determined in accordance with the terms of the           relevant agreement, where
determinable on the face thereof, and otherwise as           determined in accordance
with the practice of the parties prior to the           Distribution; and  

		    (v)                     notwithstanding
anything in this Agreement to the contrary, this Agreement shall           not constitute
an agreement to assign any agreement, in whole or in part, or any           rights
thereunder if the agreement to assign or attempt to assign, without the           consent
of a third party, would constitute a breach thereof or in any way           adversely
affect the rights of the assignor or Assignee thereof. Until such           consent is
obtained, or if an attempted assignment thereof would be ineffective           or would
adversely affect the rights of any party hereto so that the intended           Assignee
would not, in fact, receive all such rights, the parties will cooperate           with
each other in any arrangement designed to provide for the intended Assignee           the
benefits of, and to permit the intended Assignee to assume liabilities           under,
any such agreement.  

		    (g)                     CONSENTS.
The parties hereto shall use their commercially reasonable efforts to           obtain
required consents to transfer and/or assignment of licenses, permits and
          authorizations of Governmental Authorities and of agreements hereunder.  

		    (h)                     DELIVERY
OF SHARES TO AGENT. IMS shall deliver to the Agent the share           certificates
representing the ST Common Shares issued to IMS by ST pursuant to           Section
2.1(b) which are to be distributed to the holders of IMS Common Stock in           the
Distribution and shall instruct the Agent to distribute, on or as soon as
          practicable following the Distribution Date, certificates representing such ST
          Common Shares to holders of record of shares of IMS Common Stock on the
          Distribution Record Date as further contemplated by the Information Statement
          and herein. ST shall provide all share certificates that the Agent shall
require           in order to effect the Distribution.  

		    (i)                     CERTAIN
LIABILITIES. For purposes of this Agreement, including Article III           hereof, ST
agrees with IMS that:  

		    (i)                     any
and all Liabilities arising from or based upon misstatements in or omissions
          from the Form 10 filed by ST shall be deemed to be IMS Liabilities and not ST
          Liabilities.  

		    (ii)                     except
as otherwise provided in this Agreement or the Ancillary Agreements and           subject
to Section 2.1(k)(i) hereto, any and all Liabilities arising from or           related to
the spin-off of Cognizant Corporation and ACNielsen Corporation from           The Dun
& Bradstreet Corporation pursuant to the 1996 Distribution Agreement           shall
be deemed to be IMS Liabilities and not ST Liabilities.  

		    (iii)                     except
as otherwise provided in this Agreement or the Ancillary Agreements and           subject
to Section 2.1(k)(ii) hereto, any and all Liabilities arising from or           related
to the spin-off of IMS from Cognizant Corporation pursuant to the 1998
          Distribution Agreement shall be deemed to be IMS Liabilities and not ST
          Liabilities.  

		    (iv)                     except
as otherwise provided in this Agreement or the Ancillary Agreements, all
          environmental liabilities, including, without limitation, environmental cleanup
          costs, fines or penalties, associated with the property located at 195 Danbury
          Road, Wilton, Connecticut shall be deemed to be IMS Liabilities and not ST
          Liabilities.  

	

-13- 

		    (v)                     except
as otherwise provided in this Agreement or the Ancillary Agreements, any           and
all costs associated with Pharbase data protection compliance shall be           deemed
to be IMS Liabilities and not ST Liabilities.  

		    (vi)                     except
as otherwise provided in this Agreement or the Ancillary Agreements, all
          liabilities incurred by any party in connection with the agreements between IMS
          HEALTH, or one of its subsidiaries, and Fabian Normand shall be deemed to be
IMS           Liabilities and not ST Liabilities.  

		    (vii)                     except
as otherwise provided in this Agreement or the Ancillary Agreements, any
          Liabilities not specifically allocated to ST pursuant to this Agreement or the
          Ancillary Agreements shall be deemed to be IMS Liabilities and not ST
          Liabilities.  

		    (j)                     CERTAIN
CONTINGENCIES. For purposes of this Agreement, including Article III           hereof,
each of ST and IMS agrees that:  

		    (i)                     notwithstanding
anything to the contrary herein or in the Tax Allocation           Agreement, each of IMS
and ST shall be liable for a portion of the liabilities           related to certain
prior business transactions to the extent and in the           circumstances described in
Schedule 2.1(j)(i), subject to a nine million dollar           (US$ 9,000,000) cap on the
amount of such liabilities, which amount shall           include any liabilities set
forth in Section 2.1(j)(ii); and  

		    (ii)                     any
and all Liabilities of IMS under the Indemnity and Joint Defense Agreement           or
otherwise related to the IRI Action, including legal fees and expenses           related
thereto, shall be allocated as to 50% to IMS and as to 50% to ST,           subject to a
nine million dollar (US$ 9,000,000) cap on the amount of such           liabilities,
which amount shall include any liabilities set forth in Section           2.1(j)(i);
PROVIDED, HOWEVER, that ST’s obligation to reimburse IMS shall           be
triggered by any payments made by IMS and not a determination of liability
          under the terms of the Indemnity and Joint Defense Agreement.  

		    (k)                     UNDERTAKINGS
OF ST.  

		    (i)                     On
or prior to the Distribution Date, ST will undertake to each of R.H. Donnelly
          Corporation, formerly known as The Dun & Bradstreet Corporation, and
          ACNielsen Corporation to be jointly and severally liable for all “Cognizant
          Liabilities” (as defined in the 1996 Distribution Agreement) under the
1996           Distribution Agreement pursuant to an undertaking substantially in the
form of           Exhibit 2.1(k)(i) hereto; PROVIDED, HOWEVER, that except as otherwise
provided           for herein, IMS shall indemnify ST for “Cognizant Liabilities.” 

		    (ii)                     On
or prior to the Distribution Date, ST will undertake to Cognizant Corporation
          to be jointly and severally liable for all “IMS HEALTH Liabilities”          (as
defined in the 1998 Distribution Agreement) under the 1998 Distribution
          Agreement pursuant to an undertaking substantially in the form of Exhibit
          2.1(k)(ii) hereto; PROVIDED, HOWEVER, that, except as otherwise provided for
          herein, IMS shall indemnify ST for “IMS HEALTH Liabilities.” 

		    (l)                     GARTNER
COMMON STOCK TRANSFER.  

		    (i)                     In
connection with the Distribution, IMS will transfer to ST all of its right,
          title and interest in shares of Class A Gartner Common Stock having a fair
          market value (based on the arithmetic mean of the high and low prices of such
          shares as reported on the New York Stock Exchange, Inc. on the last trading day
          immediately preceding the Distribution) equal to $4,000,000.  

	

-14- 

		    (ii)                     IMS
and ST jointly covenant and agree:  

		    (a)                     to
comply with all of the provisions of Section 2.4(a) of the Gartner           Distribution
Agreement and to refrain from taking any actions which would           violate such
provisions; and  

		    (b)                     that
neither party will take any action pursuant to clauses (x) and (y) of           Section
2.4(a) of the Gartner Distribution Agreement without first notifying the           Chief
Financial Officer of the other party, or his respective designee, by or           before
9:30 AM on the day a transfer is desired by such notifying party in order           to
(i) obtain the consent of the notified party to the transfer and (ii)           designate
the number of shares subject to such transfer. If, upon receipt of the
          notifying party’s notice, the notified party is also interested in
          transferring the shares pursuant to Section 2.4(a) of the Gartner Distribution
          Agreement, the shares subject to transfer will be allocated to each interested
          party based upon their relative ownership of Gartner Group Securities.  

		    (m)                     IMS
STOCK CONTRIBUTION. On the Distribution Date, IMS shall contribute to ST           22,000
shares of ST Common Stock which, pursuant to the Distribution, equals the
          conversion of 440,000 shares of IMS Common Stock purchased by IMS in its stock
          repurchase program into ST Common Stock.  

		    (n)                     OTHER
TRANSACTIONS. On or prior to the Distribution Date, each of IMS and ST           shall
consummate those other transactions in connection with the Distribution           that
are contemplated by the Form 10 and Exhibit A hereto, in order to implement           the
Distribution. After the Distribution Date, each of IMS and ST will exercise
          good faith commercially reasonable efforts to consummate as promptly as
          practicable all other transactions which must be consummated in order fully to
          complete the Distribution and any of the transactions contemplated hereby or by
          any of the Ancillary Agreements.  

	 	        SECTION
2.2 INTERCOMPANY ACCOUNTS AND THIRD PARTY
ACCOUNTS. (a) All Intercompany Accounts (other than receivables, payables and loans
otherwise specifically provided for hereunder or under any Ancillary Agreement or set
forth in Schedule 2.2), including, without limitation, in respect of any cash balances,
any cash balances representing deposited checks or drafts for which only a provisional
credit has been allowed or any cash held in any centralized cash management system
between ST, or any member of the ST Group, on the one hand, and IMS or any member of the
IMS Group (other than CTS), on the other hand, which exist and are reflected in the
accounting records of the relevant parties as of July 31, 2000 and which have not been
settled by the Distribution Date (the “Open Accounts”), shall be paid or
settled concurrently with the payments set forth in Section 2.3(f).  

		    (b)                            In
connection with the Distribution, members of the IMS Group and members of the
          ST Group will effect certain business transfers as set forth on Schedules
          2.2(b)(i)-(iii). In order to effect such business transfers certain cash
          payments will be made between members of the IMS Group and members of the ST
          Group to either fund payments for such business transfers or to effect such
          business transfers. The funding and transaction payments set forth on Schedules
          2.2(b)(i)-(iii) shall be disregarded in computing the Cash Targets (as defined
          Section 2.3(a) herein) as there is no net impact. The amount of the transaction
          payments set forth on Schedules 2.2(b)(i)-(iii) shall be credited toward
          achieving the Cash Targets.  

	

-15- 

	 	        SECTION
2.3 CASH BALANCES. (a) In addition to any other obligations hereunder or under any
Ancillary Agreement or otherwise, on the close of business on July 31, 2000, ST shall
have cash balances in the amount equal to (i) ten million seven hundred thousand United
States dollars (US$ 10,700,000) in United States accounts (the “U.S. Cash Target”),
(ii) the United States dollar equivalent (measured as of July 31, 2000) of one million
five hundred thousand United States dollars (US$ 1,500,000) in accounts outside of the
United States (the “Non-U.S. Cash Target,” and together with the U.S. Cash
Target, the “Cash Targets”) and (iii) amounts required to fund the net
liabilities set forth on Schedule 2.3(a) (the “Funded Liabilities”). Cash shall
be determined in accordance with GAAP.  

		    (b)                            To
the extent that (i) cash balances as of July 31, 2000 in accounts outside the
          United States exceed the Non-U.S. Cash Target, ST shall transfer the excess
          funds in Euros to IMS Nederland Finance BV, or through some other manner as
          agreed upon by ST and IMS or (ii) cash balances as of July 31, 2000 in accounts
          outside the United States are less than the Non-U.S. Cash Target, IMS shall
          cause IMS Nederland Finance BV to transfer the shortfall in Euros to an entity
          outside of the U.S. designated by ST, or through some other manner as agreed
          upon by ST and IMS.  

		    (c)                            To
the extent that (i) cash balances as of July 31, 2000 in accounts in the           United
States exceed the U.S. Cash Target plus the amount of the Funded           Liabilities,
ST shall transfer the excess funds to IMS or (ii) cash balances as           of July 31,
2000 in accounts in the United States are less than the U.S. Cash           Target plus
the amount of the Funded Liabilities, IMS shall transfer the           shortfall to ST.  

		    (d)                            Any
cash transfers into or out of ST’s non-U.S. or U.S. accounts to or from
          parties other than members of the IMS Group (other than CTS) after the close of
          business on July 31, 2000 will be for ST’s account and shall have no
effect           upon the transactions contemplated by this Section 2.3. Any (i) cash
transfers           into or out of ST’s U.S. or non-U.S. accounts to or from members
of the IMS           Group (other than CTS) after the close of business on July 31, 2000
or (ii)           payments made or received by any member of the IMS Group for the
benefit of any           member of the ST Group after the close of business on July 31,
2000 which have           not otherwise been settled by the Distribution Date, including,
for purposes of           Sections 2.3(d)(i) and 2.3(d)(ii), the settlement of Open
Accounts after the           close of business on July 31, 2000, shall be taken into
account so that,           combined with the settlement of all accounts under this
Section 2.3, the net           result is achieving the Cash Targets set forth in Section
2.3(a).  

		    (e)                            IMS
shall, on the business day prior to the Distribution Date, transfer amounts
          that it reasonably believes will achieve the balances set forth in Section
          2.3(a) as adjusted by the provisions in Section 2.3(d).  

		    (f)                            Promptly
after the Distribution Date, but no later than September 25, 2000, ST           and IMS
shall determine the cash balances in ST’s U.S. and non-U.S.           accounts and
the balances of Open Accounts which determination shall be subject           to review by
PricewaterhouseCoopers LLP. Based on such determination, any           amounts payable
under this Section 2.3 shall be paid by the appropriate party to           the other
party no later than September 30, 2000. No later than December 31,           2000, ST and
IMS shall determine, on a final basis, such balances which           determination shall
be subject to review by PricewaterhouseCoopers LLP. To the           extent the final
determination differs from the initial determination, the           appropriate party
shall pay the applicable amount thereof to the other party no           later than
January 15, 2001.  

	 	        SECTION
       2.4 ASSUMPTION AND SATISFACTION OF LIABILITIES.
Except as otherwise specifically set forth in any Ancillary Agreement, from and after the
Effective Time, (i) IMS shall, and shall cause each member of the IMS Group to, assume,
pay, perform and discharge all IMS Liabilities and (ii) ST shall, and shall cause each
member of the ST Group to, assume, pay, perform and discharge all ST Liabilities. To the
extent reasonably requested to do so by another party hereto, each party hereto agrees to
sign such documents, in a form reasonably satisfactory to such party, as may be
reasonably necessary to evidence the  assumption of any Liabilities hereunder.  

	

-16- 

	 	        SECTION
       2.5 RESIGNATIONS. (a) Subject to Section
2.5(b), IMS shall cause all their employees to resign, effective as of the Distribution
Date, from all positions as officers or directors of any member of the ST Group in which
they serve, and ST shall cause all its employees to resign, effective as of the Effective
Time, from all positions as officers or directors of IMS or any members of the IMS Group
in which they serve.  

		    (b)                     No
person shall be required by any party hereto to resign from any position or
          office with another party hereto if such person is disclosed in the Information
          Statement as the person who is to hold such position or office following the
          Distribution.  

	 	        SECTION
2.6 NON-SOLICITATION OF EMPLOYEES. From the date of this Agreement, and for a period of
two years after the Effective Time, each party hereby covenants and agrees that neither
it nor any of its Affiliates shall actively solicit, or cause or authorize, directly or
indirectly, to be solicited for employment or employ or cause or authorize, directly or
indirectly, to be employed or engaged as an employee, for or on behalf of itself or any
other person, any person who is currently, or was, less than 90 days prior to the date of
this Agreement, an executive officer, senior manager (or the equivalent thereof),
executive vice president or employee of any other party or any of such party’s
Subsidiaries, without such party’s prior written approval.  

	 	        SECTION
2.7 FURTHER ASSURANCES. In case at any time after the Effective Time any further action
is reasonably necessary or desirable to carry out the purposes of this Agreement, the
Ancillary Agreements, the transactions contemplated by Annex A hereto and the agreements
set forth in Schedule 2.7 hereto, the proper officers of each party to this Agreement
shall take all such necessary action. Without limiting the foregoing, IMS and ST shall
use their commercially reasonable efforts promptly to obtain all consents and approvals,
to enter into and execute all initial or amendatory agreements and to make all filings
and applications that may be required for the consummation of the transactions
contemplated by this Agreement, the Ancillary Agreements, Annex A hereto and the
agreements set forth in Schedule 2.7 hereto, including, without limitation, all
applicable governmental and regulatory filings. IMS and ST shall cause the appropriate
parties thereto to execute the agreements set forth on Schedule 2.7 hereto as soon as
reasonably practicable following the Distribution Date. Each of IMS and ST agree that
irreparable damage would occur in the event that any of the transactions contemplated by
this Agreement, the Ancillary Agreements, Annex A hereto and the agreements set forth in
Schedule 2.7 hereto were not entered into, performed or consummated in accordance with
their specific terms. It is accordingly agreed that each of IMS and ST shall be entitled
to specific performance of the terms hereof and thereof, as the case may be, this being
in addition to any other remedy to which they are entitled at law or in equity. Except as
otherwise set forth in Section 8.5 hereto, ST agrees that it shall bear all costs
incurred with the execution and consummation of the actions required by this Section 2.7.  

	 	        SECTION
2.8 LIMITED REPRESENTATIONS OR WARRANTIES. Each of the parties hereto agrees that no
party hereto is, in this Agreement or in any other agreement or document contemplated by
this Agreement or otherwise, making any representation or warranty whatsoever, as to
title or value of Assets being transferred. It is also agreed that, notwithstanding
anything to the contrary otherwise expressly provided in the relevant Conveyancing and
Assumption Instrument, all Assets either transferred to or retained by the parties, as
the case may be, shall be “as is, where is” and that (subject to Section 2.7)
the party to which such Assets are to be transferred hereunder shall bear the economic
and legal risk that such party’s or any of the Subsidiaries’ title to any such
Assets shall be other than good and marketable and free from encumbrances. Similarly,
each party hereto agrees that, except as otherwise expressly provided in the relevant
Conveyancing and Assumption Instrument, no party hereto is representing or warranting in
any way that the obtaining of any consents or approvals, the execution and delivery of
any amendatory agreements and the making of any filings or applications contemplated by
this Agreement will satisfy the provisions of any or all applicable agreements or the
 requirements of any or all applicable laws or judgments, it being agreed that the party
to which any Assets are transferred shall bear the economic and legal risk that any
necessary consents or approvals are not obtained or that any requirements of laws or
judgments are not complied with. 

	

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	 	        SECTION
2.9 GUARANTEES. (a) Except as otherwise specified herein or in any Ancillary Agreement
and in Section 2.9(b) below, ST shall use its commercially reasonable best efforts to
have, on or prior to the Distribution Date, or as soon as practicable thereafter, IMS and
any member of the IMS Group removed as guarantor of or obligor for any ST Liability,
including, without limitation, in respect of those guarantees set forth on Schedule
2.9(a) to the extent that they relate to ST Liabilities.  

		    (b)                     Except
as otherwise specified herein or in any Ancillary Agreement, ST shall use           its
commercially reasonable best efforts to have, no later than six months after
          the Distribution Date, IMS and any member of the IMS Group removed as guarantor
          of or obligor in respect of those guarantees set forth on Schedule 2.9(b).  

	 	        (c)              If
ST is unable to obtain, or to cause to be obtained, any such required removal
          as set forth in clauses (a) or (b) of this Section 2.9, the applicable
guarantor           or obligor shall continue to be bound as such and, unless not
permitted by law           or the terms thereof, the relevant beneficiary shall or shall
cause one of its           Subsidiaries, as agent or subcontractor for such guarantor or
obligor, to pay,           perform and discharge fully all the obligations or other
liabilities of such           guarantor or obligor thereunder from and after the date
hereof. Either party           shall indemnify and hold harmless the other party for any
and all Liabilities           incurred in connection with this Section 2.9. In addition,
IMS shall be paid the           fees set forth on Schedule 2.9(c) hereto in connection
with its services as           guarantor for the guarantees contemplated by this Section
2.9, including,           without limitation, the IMS Bank Guaranty.  

	 	        SECTION
2.10 WITNESS SERVICES. At all times from and after the Distribution Date, each of IMS and
ST shall use its commercially reasonable best efforts to make available to the other,
upon reasonable written request, its and its Subsidiaries’ officers, directors,
employees and agents as witnesses to the extent that (i) such persons may reasonably be
required in connection with the prosecution or defense of any Action in which the
requesting party may from time to time be involved and (ii) there is no conflict in the
Action between the requesting party and IMS or ST as applicable. A party providing
witness services to the other party under this Section shall be entitled to receive from
the recipient of such services, upon the presentation of invoices therefor, payments for
such amounts, relating to disbursements and other out-of-pocket expenses (which shall be
deemed to exclude the costs of salaries and benefits of employees who are witnesses), as
may be reasonably incurred in providing such witness services.  

	 	        SECTION
2.11 CERTAIN POST-DISTRIBUTION TRANSACTIONS.  

		    (a)                     (i)
IMS shall comply and shall cause its Subsidiaries to comply with and           otherwise
not take action inconsistent with each representation and statement           made to
McDermott, Will & Emery in connection with the request by IMS for a           legal
opinion in respect of the Distribution as to certain tax aspects of the
          Distribution, and (ii) until two years after the Distribution Date, IMS will
          maintain its status as a company engaged in the active conduct of a trade or
          business, as defined in Section 355(b) of the Code.  

		    (b)                     (i)
ST shall comply and shall cause its Subsidiaries to comply with and           otherwise
not take action inconsistent with each representation and statement           made to
McDermott, Will & Emery in connection with the request by IMS for a           legal
opinion in respect of the Distribution as to certain tax aspects of the
          Distribution, and (ii) until two years after the Distribution Date, ST will
          maintain its status as a company engaged in the active conduct
of a trade or business, as defined in Section 355(b) of the Code.   

	

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		    (c)                     ST
agrees that, until two years after the Distribution Date, it will not (i)           merge
or consolidate with or into any other corporation, (ii) liquidate or           partially
liquidate, (iii) sell or transfer all or substantially all of its           assets
(within the meaning of Rev. Proc. 77-37, 1977 — 2 C.B. 568) in a           single
transaction or series of related transactions, (iv) redeem or otherwise
          repurchase any ST Common Shares (other than as described in Section 4.05(1)(b)
          of Rev. Proc. 96-30, 1996-1 C.B. 696), or (v) take any other action or actions
          which in the aggregate would have the effect of causing or permitting one or
          more persons to acquire directly or indirectly stock representing a 50 percent
          or greater interest (within the meaning of Section 355(e) of the Code) in ST,
          unless prior to taking such action ST has obtained (and provided to IMS) a
          written opinion of a law firm reasonably acceptable to IMS, or a ruling from
the           Internal Revenue Service, that such action or actions will not result in
(y) the           Distribution failing to qualify under Section 355(a) of the Code or (z)
the ST           Common Shares failing to qualify as qualified property for purposes of
Section           355(c)(2) of the Code by reason of Section 355(e) of the Code.  

		    (d)                     ST
agrees and covenants:  

		    (i)                     that
it will use its commercially reasonable best efforts to ensure that IMS           will
incur no liability under the IMS Bank Guaranty or other credit support           provided
by IMS;  

		    (ii)                     that
it will use its commercially reasonable best efforts to secure an           independent
line of credit within the three month period subsequent to the           Distribution
Date that satisfies all of ST’s then projected working capital
          requirements as a going concern without IMS credit support of any kind;  

		    (iii)                     that
it will perform and be bound by all covenants set forth in the IMS Bank
          Guaranty; and  

		    (iv)                     that,
notwithstanding anything to the contrary herein or in any Ancillary           Agreement,
any and all fees and costs incurred by either party in connection           with the IMS
Bank Guaranty, or other credit support provided by IMS, and the           pursuit of an
independent line of credit by ST will be borne by ST.  

		    (e)                     Notwithstanding
anything to the contrary herein or in the Tax Allocation           Agreement, if IMS or
ST (or any of their respective Subsidiaries) fails to           comply with any of its
obligations under Sections 2.11(a), 2.11(b), 2.11(c) and           2.11(d) above
(PROVIDED, HOWEVER, that the obligation of ST to indemnify IMS           under this
Section 2.11(e) shall not be affected if, despite ST’s           commercially
reasonable best efforts, (y) IMS incurs liability under the IMS           Bank Guaranty
or other credit support provided by IMS or (z) ST fails to secure           an
independent line of credit within the three month period subsequent to the
          Distribution Date) or takes or fails to take any action on or after the
          Distribution Date, and such failure to comply, action or omission contributes
to           a determination that (i) the Distribution fails to qualify under Section
355(a)           of the Code or (ii) the ST Common Shares fail to qualify as qualified
property           for purposes of Section 355(c)(2) of the Code by reason of Section
355(e) of the           Code, then such party shall indemnify and hold harmless the other
party, each           member of the consolidated group of which the other party is a
member and the           stockholders of either party from and against any and all
federal, state and           local taxes, including any interest, penalties or additions
to tax, imposed upon           or incurred by such other party, any member of its group
or any stockholder of           either party as a result of the failure of the
Distribution to qualify under           Section 355(a) of the Code or the application of
Section 355(e). The obligation           of ST to indemnify IMS pursuant to the preceding
sentence shall not be affected           by the delivery of any legal opinion or supplemental
ruling under Sections 2.11(c).

	

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	 	        SECTION
2.12 TRANSFERS NOT EFFECTED PRIOR TO THE DISTRIBUTION; TRANSFERS DEEMED EFFECTIVE AS OF
THE DISTRIBUTION DATE. To the extent that any transfers contemplated by this Article II
shall not have been consummated on or prior to the Distribution Date, the parties shall
cooperate to effect such transfers as promptly following the Distribution Date as shall
be practicable. Nothing herein shall be deemed to require the transfer of any Assets or
the assumption of any Liabilities which by their terms or operation of law cannot be
transferred; PROVIDED, HOWEVER, that the parties hereto and their respective Subsidiaries
shall cooperate to seek to obtain any necessary consents or approvals for the transfer of
all Assets and Liabilities contemplated to be transferred pursuant to this Article II. In
the event that any such transfer of Assets or Liabilities has not been consummated, from
and after the Distribution Date, the party retaining such Asset or Liability shall hold
such Asset in trust for the use and benefit of the party entitled thereto (at the expense
of the party entitled thereto) or retain such Liability for the account of the party by
whom such Liability is to be assumed pursuant hereto, as the case may be, and take such
other action as may be reasonably requested by the party to whom such Asset is to be
transferred, or by whom such Liability is to be assumed, as the case may be, in order to
place such party, insofar as is reasonably possible, in the same position as would have
existed had such Asset or Liability been transferred as contemplated hereby. As and when
any such Asset or Liability becomes transferable, such transfer shall be effected
forthwith. The parties agree that, as of the Distribution Date, each party hereto shall
be deemed to have acquired complete and sole beneficial ownership over all of the Assets,
together with all rights, powers and privileges incident thereto, and shall be deemed to
have assumed in accordance with the terms of this Agreement all of the Liabilities, and
all duties, obligations and responsibilities incident thereto, which such party is
entitled to acquire or required to assume pursuant to the terms of this Agreement.  

	 	        SECTION
2.13 CONVEYANCING AND ASSUMPTION INSTRUMENTS. In connection with the transfers of Assets
and the assumptions of Liabilities contemplated by this Agreement, the parties shall
execute, or cause to be executed by the appropriate entities, the Conveyancing and
Assumption Instruments in substantially the form contemplated hereby for transfers to be
effected pursuant to New York law or the laws of one of the other states of the United
States or, if not appropriate for a given transfer, and for transfers to be effected
pursuant to non-U.S. laws, in such other form as the parties shall reasonably agree,
including the transfer of real property with deeds as may be appropriate. The transfer of
capital stock shall be effected by means of delivery of stock certificates and executed
stock powers and notation on the stock record books of IMS or other legal entities
involved, or by such other means as may be required in any non-U.S. jurisdiction to
transfer title to stock and, to the extent required by applicable law, by notation on
public registries.  

	 	        SECTION
2.14 ANCILLARY AGREEMENTS. Prior to the Distribution Date, each of IMS and ST shall enter
into, and/or (where applicable) shall cause members of the IMS Group or the ST Group, as
applicable, to enter into, the Ancillary Agreements and any other agreements in respect
of the Distribution reasonably necessary or appropriate in connection with the
transactions contemplated hereby and thereby.  

	 	        SECTION
2.15 CORPORATE NAMES. (a) Except as otherwise specifically provided in any Ancillary
Agreement:  

		    (i)                     as
soon as reasonably practicable after the Distribution Date but in any event
          within six months thereafter, IMS will, at its own expense, remove (or, if
          necessary, on an interim basis, cover up) any and all exterior signs and other
          identifiers located on any of its property or premises or on the property or
          premises used by it or its Subsidiaries (except property or premises to be
          shared with ST or its Subsidiaries after the Distribution) which refer or
          pertain to SYNAVANT or which include the SYNAVANT, Strategic Technologies or
          Clark-O’Neill name, logo or other trademark or other intellectual property
          utilizing ST;  

	

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		    (ii)                     as
soon as reasonably practicable after the Distribution Date but in any event
          within six months thereafter, IMS will, and will cause its Subsidiaries to,
          remove from all letterhead, envelopes, invoices and other communications media
          of any kind all references to SYNAVANT, including the SYNAVANT name, logo and
          any other trademark or other intellectual property utilizing SYNAVANT (except
          that IMS shall not be required to take any such action with respect to
materials           in the possession of customers), and neither IMS nor its Subsidiaries
shall use           or display the “ST” name, logo or other trademarks or
intellectual           property utilizing ST without the prior written consent of ST;  

		    (b)                     Except
as otherwise specifically provided in any Ancillary Agreement:  

		    (i)                     as
soon as reasonably practicable after the Distribution Date but in any event
          within six months thereafter, ST will, at its own expense, remove (or, if
          necessary, on an interim basis, cover up) any and all exterior signs and other
          identifiers located on any of their respective property or premises owned or
          used by them or their respective Subsidiaries (except property or premises to
be           shared with IMS or its Subsidiaries after the Distribution) which refer or
          pertain to IMS or which include the “IMS Health Incorporated,”          “IMS
Health” or “IMS” name, logo or other trademark or other           IMS
intellectual property;  

		    (ii)                     as
soon as reasonably practicable after the Distribution Date but in any event
          within six months thereafter, ST will, and will cause its respective
          Subsidiaries to, remove from all letterhead, envelopes, invoices and other
          communications media of any kind all references to IMS, including the “IMS
          Health Incorporated” or “IMS” name, logo and any other trademark
          or other IMS intellectual property (except that ST shall not be required to
take           any such action with respect to materials in the possession of customers),
and           neither ST nor any of its Subsidiaries shall use or display the “IMS
Health           Incorporated” or “IMS” name, logo or other trademarks or
IMS           intellectual property without the prior written consent of IMS; and  

		    (iii)                     as
soon as reasonably practicable after the Distribution Date but in any event
          within six months thereafter, ST will, and will cause its Subsidiaries to,
          change their corporate names to the extent necessary to remove and eliminate
any           reference to IMS, including the “IMS” Health Incorporated or
          “IMS” name; PROVIDED, HOWEVER, that, notwithstanding the foregoing
          requirements of this Section 2.15(b), if ST has exercised good faith efforts to
          comply with this clause (iii) but is unable, due to regulatory or other
          circumstance beyond its control, to effect a corporate name change in
compliance           with applicable law, then ST or its Subsidiary will not be deemed to
be in           breach hereof if it continues to exercise good faith efforts to
effectuate such           name change and does effectuate such name change within nine
months after the           Distribution Date, and, in such circumstances, such party may
continue to           include in exterior signs and other identifiers and in letterhead,
envelopes,           invoices and other communications references to the name which
include           references to IMS but only to the extent necessary to identify such
party and           only until such party’s corporate name can be changed to remove
and           eliminate such references.  

	 	        SECTION
2.16 JOINT BUSINESS OPPORTUNITIES; NON-COMPETITION; PROTECTION OF INFORMATION.  

		    (a)                     IMS
and ST are committed to pursuing joint business opportunities to enhance
          customer value, on terms and conditions as may be agreed by the parties after
          the date hereof. The parties acknowledge and agree that nothing in this
Section 2.16(a) shall create a binding obligation on IMS or ST to enter into or pursue any
such business opportunity.

	

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		    (b)                     IMS
hereby covenants and agrees that neither it nor any of its respective
          Subsidiaries will, between the Effective Time and the [fifth] anniversary of
the           Effective Time (the “Restricted Period”):  

		    (i)                     engage
in or carry on any business in the United States or elsewhere in whatever           form
which would be in competition with any of ST’s Retained Businesses (as
          defined herein) as such businesses are conducted by ST at the Effective Time;
          and  

		    (ii)                     engage
in or carry on any business in the United States or elsewhere in whatever           form,
directly or indirectly, with ST named competitors;  

		    (c)                     ST
hereby covenants and agrees that neither it nor any of its respective
          Subsidiaries will, during the Restricted Period:  

		    (i)                     engage
in or carry on any business in the United States or elsewhere in whatever           form
which would be in competition with any of IMS’s Retained Businesses           (as
defined herein) as such businesses are conducted by IMS at the Effective           Time;  

		    (ii)                     engage
in or carry on any business in the United States or elsewhere, directly           or
indirectly, with (a) NDC Automation, Inc., NDC Health Information Services,
          Inc., Quintiles Transnational Corp., Healtheon/WebMD Corporation, Cejedim or
any           of their respective subsidiaries and (b) any companies controlled by or
managed           by Rene Derecque or Roland Lederer; PROVIDED, however, that,
notwithstanding           anything to the contrary in this Section 2.16(c), in the event
that ST wishes to           engage in a business partnership with one of the above-named
companies, it may           do so with the prior written consent of IMS, which consent
IMS will only be           required to grant if IMS shall reasonably determine in good
faith that engaging           in such activity by ST would not be adverse to IMS; and  

		    (iii)                     engage
in or carry on any commercial data business; PROVIDED, HOWEVER, that,
          notwithstanding anything to the contrary in this Section 2.16(c), (A) in the
          event that a customer explicitly so requests, ST may serve as a Data Integrator
          (as defined herein) for such customer to the extent so requested, (B) in the
          event that a customer explicitly so requests, ST may engage in E-Detailing (as
          defined herein) for such customer to the extent so requested, (C) in the event
          that a customer explicitly so requests, ST may engage in data analytics and
          decision support tools used on ST’s proprietary SFA and CRM systems, (D)
in           the event that a customer explicitly so requests, ST may engage in Pharbase,
          including updates from multiple sources, used on ST’s proprietary SFA and
          CRM systems and (E) in the event that ST wishes to engage in or carry on
          commercial data business, it may do so with the prior written consent of IMS,
          which consent IMS will only be required to grant if IMS shall reasonably
          determine in good faith that engaging in or carrying on such business by ST
          would not be adverse to IMS. As used herein: (A) “Data Integrator”          means
an integrator of information solely through the sales force automation or
          customer relationship management systems proprietary to ST; and (B)
          “E-Detailing” means an Internet-based software product related to
          doctor detailing provided through the sales force automation or customer
          relationship management systems proprietary to ST.  

	

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		    (d)                     In
the event that ST (i) sells, transfers or leases all or substantially all of
          its assets, (ii) is not the surviving corporation in any merger, consolidation
          or other business combination in which it may enter with any person or (iii)
          enters into any joint venture, joint marketing, or partnership agreements into
          which it may enter with any person, in any case prior to the termination of the
          Restricted Period, ST will cause such purchaser or surviving corporation, as
the           case may be, to assume ST’s obligations under this Section 2.16 upon
the           consummation of any such transaction, and, in the case of a joint venture,
joint           marketing or partnership agreement, ST will cause the party to such
agreement,           and such party will be deemed, to be bound by the provisions of this
Section           2.16.  

		    (e)                     Notwithstanding
anything to the contrary in Sections 2.16(b), (c) or (d) above,           nothing in this
Section 2.16 shall in any way restrict or preclude either party           or any of its
respective Subsidiaries from acquiring and operating any company           (or
substantially all of the assets thereof) whose primary business is not in
          competition with either of the parties’ Retained Businesses. Each of the
          parties further covenant that neither party nor any of its Subsidiaries or any
          its officers, directors, employees or agent thereof will disclose any
          confidential information with respect to either parties’ Retained
          Businesses without the prior written consent of the other party, and will
          enforce to the fullest extent possible, on behalf of the other party, the other
          party’s rights under or pursuant to its policies and agreements with third
          parties, restricting or prohibiting disclosure by such persons of such
          confidential information.  

		    (f)                     As
used herein:  

		    (i)                     the
term “IMS Retained Businesses” shall mean the following businesses           of
IMS: (i) sales management information services (including sales compensation
          applications, targeting and scrubbing services) which are based on commercial
          data, (ii) market research services also based on the commercialization of
data,           (iii) data analytics, and (iv) consulting services, decision support
tools and           services and information technology relating to the foregoing (but
excluding           sales force automation and customer relationship management systems),
all of           which relates to the pharmaceutical, biotechnology, diagnostics,
          medical/surgical supply and health care industries;  

		    (ii)                     the
term “ST Retained Businesses” shall mean the following businesses           of
ST: (i) sales force automation and customer relationship management systems,
          which is based on the sale of proprietary software, (ii) implementation,
          integration and consulting services relating to the foregoing, (iii) data
          analytics and decision support tools used on ST’s proprietary SFA and CRM
          systems, (iv) MTO’s to facilitate doctor targeting used on ST’s
          proprietary SFA and CRM systems, (v) Pharbase, including updates from multiple
          sources, used on ST’s proprietary SFA and CRM systems and (vi) direct mail
          services, and drug sample accountability and distribution, all of which relates
          to the pharmaceutical, biotechnology, diagnostics, medical/surgical supply and
          health care industries; and  

		    (iii)                     the
term “Retained Businesses” shall refer to both the IMS Retained
          Businesses and the ST Retained Businesses, including all business units
          currently in each company.  

		    (g)                     Each
of IMS and ST acknowledge and agree that the covenants and agreements           contained
in this Section 2.16 have been negotiated in good faith by each of           them, and
are reasonable and not more restrictive or broader than necessary to           protect
the interests of each of IMS and ST in the IMS Retained Businesses and           the ST
Retained Businesses, respectively, and would not achieve their intended           purpose
if they were on different terms or for periods of time shorter than the           periods
of time provided herein or applied in more restrictive geographical and
          business line areas than are provided herein.  

	

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ARTICLE III
INDEMNIFICATION

	 	        SECTION
3.1 INDEMNIFICATION BY IMS. Except as otherwise specifically set forth in any provision
of this Agreement or of any Ancillary Agreement, IMS shall indemnify, defend and hold
harmless the ST Indemnitees from and against any and all Indemnifiable Losses of the ST
Indemnitees arising out of, by reason of or otherwise in connection with the IMS
Liabilities or alleged IMS Liabilities, including any breach by IMS of any provision of
this Agreement or any Ancillary Agreement.  

	 	        SECTION
3.2 INDEMNIFICATION BY ST. Except as otherwise specifically set forth in any provision of
this Agreement or of any Ancillary Agreement, ST shall indemnify, defend and hold
harmless the IMS Indemnitees from and against any and all Indemnifiable Losses of the IMS
Indemnitees arising out of, by reason of or otherwise in connection with the ST
Liabilities or alleged ST Liabilities, including any breach by ST of any provision of
this Agreement or any Ancillary Agreement.  

	 	        SECTION
3.3 PROCEDURES FOR INDEMNIFICATION.  

		    (a)                     THIRD
PARTY CLAIMS. If a claim or demand is made against an IMS Indemnitee or a           ST
Indemnitee (each, an “Indemnitee”) by any person who is not a party
          to this Agreement (a “Third Party Claim”) as to which such Indemnitee
          is entitled to indemnification pursuant to this Agreement, such Indemnitee
shall           notify the party which is or may be required pursuant to Section 3.1 or
Section           3.2 hereof to make such indemnification (the “Indemnifying Party”)
in           writing, and in reasonable detail, of the Third Party Claim promptly (and in
any           event within fifteen (15) business days) after receipt by such Indemnitee
of           written notice of the Third Party Claim; PROVIDED, HOWEVER, that failure to
give           such notification shall not affect the indemnification provided hereunder
except           to the extent the Indemnifying Party shall have been actually prejudiced
as a           result of such failure (except that the Indemnifying Party shall not be
liable           for any expenses incurred during the period in which the Indemnitee
failed to           give such notice). Thereafter, the Indemnitee shall deliver to the
Indemnifying           Party, promptly (and in any event within five (5) business days)
after the           Indemnitee’s receipt thereof, copies of all notices and
documents           (including court papers) received by the Indemnitee relating to the
Third Party           Claim.  

	 	        If
a Third Party Claim is made against an Indemnitee, the Indemnifying Party shall be
entitled to participate in the defense thereof and, if it so chooses and acknowledges in
writing its obligation to indemnify the Indemnitee therefor, to assume the defense
thereof with counsel selected by the Indemnifying Party; PROVIDED that such counsel is
not reasonably objected to by the Indemnitee. Should the Indemnifying Party so elect to
assume the defense of a Third Party Claim, the Indemnifying Party shall, within thirty 30
days (or sooner if the nature of the Third Party Claim so requires), notify the
Indemnitee of its intent to do so, and the Indemnifying Party shall thereafter not be
liable to the Indemnitee for legal or other expenses subsequently incurred by the
Indemnitee in connection with the defense thereof; PROVIDED that such Indemnitee shall
have the right to employ counsel to represent such Indemnitee if, in such Indemnitee’s
reasonable judgment, a conflict of interest between such Indemnitee and such Indemnifying
Party exists in respect of such claim which would make representation of both such
parties by one counsel inappropriate, and in such event the fees and expenses of such
separate counsel shall be paid by such Indemnifying Party. If the Indemnifying Party
assumes such defense, the Indemnitee shall have the right to participate in the defense
thereof and to employ counsel, subject to the proviso of the preceding sentence, at its
own expense, separate from the counsel employed by the Indemnifying Party, it being
understood that the Indemnifying Party shall control such defense. The Indemnifying Party
shall be liable for the fees and expenses of counsel employed by the Indemnitee for any
period during which the Indemnifying Party has failed to assume the defense thereof
(other than during the period prior to the time the Indemnitee shall have given notice of
the Third Party Claim as provided above). If the Indemnifying Party so elects to assume
the defense of any Third Party Claim, all of the Indemnitees shall cooperate with the
Indemnifying Party in the defense or prosecution thereof, including by providing or
causing to be provided Records and witnesses as soon as reasonably practicable after
receiving any request therefor from or on behalf of the Indemnifying Party. 

	

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	 	        If
the Indemnifying Party acknowledges in writing responsibility for a Third Party Claim,
then in no event will the Indemnitee admit any liability with respect to, or settle,
compromise or discharge, any Third Party Claim without the Indemnifying Party’s
prior written consent; PROVIDED, HOWEVER, that the Indemnitee shall have the right to
settle, compromise or discharge such Third Party Claim without the consent of the
Indemnifying Party if the Indemnitee releases the Indemnifying Party from its
indemnification obligation hereunder with respect to such Third Party Claim and such
settlement, compromise or discharge would not otherwise adversely affect the Indemnifying
Party. If the Indemnifying Party acknowledges in writing liability for a Third Party
Claim, the Indemnitee will agree to any settlement, compromise or discharge of a Third
Party Claim that the Indemnifying Party may recommend and that by its terms obligates the
Indemnifying Party to pay the full amount of the liability in connection with such Third
Party Claim and releases the Indemnitee completely in connection with such Third Party
Claim and that would not otherwise adversely affect the Indemnitee; PROVIDED, HOWEVER,
that the Indemnitee may refuse to agree to any such settlement, compromise or discharge
if the Indemnitee agrees that the Indemnifying Party’s indemnification obligation
with respect to such Third Party Claim shall not exceed the amount that would be required
to be paid by or on behalf of the Indemnifying Party in connection with such settlement,
compromise or discharge. If an Indemnifying Party elects not to assume the defense of a
Third Party Claim, or fails to notify an Indemnitee of its election to do so as provided
herein, such Indemnitee may compromise, settle or defend such Third Party Claim.  

	 	        Notwithstanding
the foregoing, the Indemnifying Party shall not be entitled to assume the defense of any
Third Party Claim (and shall be liable for the fees and expenses of counsel incurred by
the Indemnitee in defending such Third Party Claim) if the Third Party Claim seeks an
order, injunction or other equitable relief or relief for other than money damages
against the Indemnitee which the Indemnitee reasonably determines, after conferring with
its counsel, cannot be separated from any related claim for money damages. If such
equitable relief or other relief portion of the Third Party Claim can be so separated
from that for money damages, the Indemnifying Party shall be entitled to assume the
defense of the portion relating to money damages.  

		    (b)                     In
the event of payment by an 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 or claim relating to
such           Third Party Claim against any claimant or plaintiff asserting such Third
Party           Claim. 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 or claim.  

		    (c)                     The
remedies provided in this Article III shall be cumulative and shall not
          preclude assertion by any Indemnitee of any other rights or the seeking of any
          and all other remedies against any Indemnifying Party.  

	 	        SECTION
3.4 INDEMNIFICATION PAYMENTS. Indemnification required by this Article III shall be made
by periodic payments of the amount thereof during the course of the investigation or
defense, as and when bills are received or loss, liability, claim, damage or expense is
incurred.  

	

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ARTICLE IV
ACCESS TO INFORMATION 

	 	        SECTION
4.1 PROVISION OF CORPORATE RECORDS.  

		    (a)                     Other
than in circumstances in which indemnification is sought pursuant to           Article
III (in which event the provisions of such Article will govern), after           the
Distribution Date, upon the prior written request by ST for specific and
          identified agreements, documents, books, records or files (collectively,
          “Records”) which relate to (x) ST or the conduct of the ST Business
up           to the Effective Time, or (y) any Ancillary Agreement to which IMS and ST
are           parties, as applicable, IMS shall arrange, as soon as reasonably
practicable           following the receipt of such request, for the provision of
appropriate copies           of such Records (or the originals thereof if the party
making the request has a           reasonable need for such originals) in the possession
or control of IMS or any           of its Subsidiaries, but only to the extent such items
are not already in the           possession or control of the requesting party.  

		    (b)                     Other
than in circumstances in which indemnification is sought pursuant to           Article
III (in which event the provisions of such Article will govern), after           the
Distribution Date, upon the prior written request by IMS for specific and
          identified Records which relate to (x) IMS or the conduct of the IMS Business
up           to the Effective Time, or (y) any Ancillary Agreement to which ST and IMS
are           parties, as applicable, ST shall arrange, as soon as reasonably practicable
          following the receipt of such request, for the provision of appropriate copies
          of such Records (or the originals thereof if the party making the request has a
          reasonable need for such originals) in the possession or control of ST or any
of           its Subsidiaries, but only to the extent such items are not already in the
          possession or control of the requesting party.  

	 	        SECTION
4.2 ACCESS TO INFORMATION. Other than in circumstances in which indemnification is sought
pursuant to Article III (in which event the provisions of such Article will govern), from
and after the Distribution Date, each of IMS and ST shall afford to the other and its
authorized accountants, counsel and other designated representatives reasonable access
during normal business hours, subject to appropriate restrictions for classified,
privileged or confidential information, to the personnel, properties, books and records
of such party and its Subsidiaries insofar as such access is reasonably required by the
other party and relates to (x) such other party or the conduct of its business prior to
the Effective Time or (y) any Ancillary Agreement to which each of the party requesting
such access and the party requested to grant such access are parties.  

	 	        SECTION
4.3 REIMBURSEMENT; OTHER MATTERS. Except to the extent otherwise contemplated by any
Ancillary Agreement, a party providing Records or access to information to the other
party under this Article IV shall be entitled to receive from the recipient, upon the
presentation of invoices therefor, payments for such amounts, relating to supplies,
disbursements and other out-of-pocket expenses, as may be reasonably incurred in
providing such Records or access to information.  

	 	        SECTION
4.4 CONFIDENTIALITY. Each of (i) IMS and its Subsidiaries and (ii) ST and its
Subsidiaries shall not use or permit the use of (without the prior written consent of the
other) and shall keep, and shall cause its consultants and advisors to keep, confidential
all information concerning the other parties in its possession, its custody or under its
control (except to the extent that (A) such information has been in the public domain
through no fault of such party or (B) such information has been later lawfully acquired
from other sources by such party or (C) this Agreement or any other Ancillary Agreement
or any other agreement entered into pursuant hereto permits the use or disclosure of such
information) to the extent such information (w) relates to or was acquired during the
period up to the Effective Time, (x) relates to any Ancillary Agreement, (y) is obtained
in the course of performing services for the other party pursuant to any Ancillary
Agreement, or (z) is based upon or is derived from information described in the preceding
clauses (w), (x) or (y), and each party shall not (without the prior written consent of
the other) otherwise release or disclose such information to any other person, except
such party’s auditors and attorneys, unless compelled to disclose such information
by judicial or administrative process or unless such disclosure is required by law and
 such party has used commercially reasonable efforts to consult with the other affected
party or parties prior to such disclosure. 

	

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	 	        SECTION
4.5 PRIVILEGED MATTERS. The parties hereto recognize that legal and other professional
services that have been and will be provided prior to the Distribution Date have been and
will be rendered for the benefit of each of IMS, the members of the IMS Group and the
members of the ST Group, and that each of IMS, the members of the IMS Group and the
members of the ST Group should be deemed to be the client for the purposes of asserting
all privileges which may be asserted under applicable law. To allocate the interests of
each party in the information as to which any party is entitled to assert a privilege,
the parties agree as follows:  

		    (a)                     IMS
shall be entitled, in perpetuity, to control the assertion or waiver of all
          privileges in connection with privileged information which relates solely to
the           IMS Business, whether or not the privileged information is in the
possession of           or under the control of IMS or ST. IMS shall also be entitled, in
perpetuity, to           control the assertion or waiver of all privileges in connection
with privileged           information that relates solely to the subject matter of any
claims constituting           IMS Liabilities, now pending or which may be asserted in
the future, in any           lawsuits or other proceedings initiated against or by IMS,
whether or not the           privileged information is in the possession of or under the
control of IMS or           ST.  

		    (b)                     ST
shall be entitled, in perpetuity, to control the assertion or waiver of all
          privileges in connection with privileged information which relates solely to
the           ST Business, whether or not the privileged information is in the possession
of           or under the control of IMS or ST. ST shall also be entitled, in perpetuity,
to           control the assertion or waiver of all privileges in connection with
privileged           information which relates solely to the subject matter of any claims
          constituting ST Liabilities, now pending or which may be asserted in the
future,           in any lawsuits or other proceedings initiated against or by ST,
whether or not           the privileged information is in the possession of or under the
control of IMS           or ST.  

		    (c)                     The
parties hereto agree that they shall have a shared privilege, with equal           right
to assert or waive, subject to the restrictions in this Section 4.5, with
          respect to all privileges not allocated pursuant to the terms of Sections
4.5(a)           and (b). All privileges relating to any claims, proceedings, litigation,
          disputes, or other matters which involve both IMS and ST in respect of which
          both parties retain any responsibility or liability under this Agreement shall
          be subject to a shared privilege among them.  

		    (d)                     No
party hereto may waive any privilege which could be asserted under any
          applicable law, and in which any other party hereto has a shared privilege,
          without the consent of the other party, except to the extent reasonably
required           in connection with any litigation with third parties or as provided in
          subsection (e) below. Consent shall be in writing, or shall be deemed to be
          granted unless written objection is made within twenty (20) days after notice
          upon the other party requesting such consent.  

		    (e)                     In
the event of any litigation or dispute between or among any of the parties
          hereto, any party and a Subsidiary of another party hereto, or a Subsidiary of
          one party hereto and a Subsidiary of another party hereto, either such party
may           waive a privilege in which the other party has a shared privilege, without
          obtaining the consent of the other party, provided that such waiver of a shared
          privilege shall be effective only as to the use of information with respect to
          the litigation or dispute between the parties and/or their Subsidiaries, and
          shall not operate as a waiver of the shared  privilege  with respect to third
parties. 

	

-27- 

		    (f)                     If
a dispute arises between or among the parties hereto or their respective
          Subsidiaries regarding whether a privilege should be waived to protect or
          advance the interest of any party, each party agrees that it shall negotiate in
          good faith, shall endeavor to minimize any prejudice to the rights of the other
          parties, and shall not unreasonably withhold consent to any request for waiver
          by another party. Each party hereto specifically agrees that it will not
          withhold consent to waiver for any purpose except to protect its own legitimate
          interests.  

		    (g)                     Upon
receipt by any party hereto or by any Subsidiary thereof of any subpoena,
          discovery or other request which arguably calls for the production or
disclosure           of information subject to a shared privilege or as to which another
party has           the sole right hereunder to assert a privilege, or if any party
obtains           knowledge that any of its or any of its Subsidiaries’ current or
former           directors, officers, agents or employees have received any subpoena,
discovery           or other requests which arguably calls for the production or
disclosure of such           privileged information, such party shall promptly notify the
other party or           parties of the existence of the request and shall provide the
other party or           parties a reasonable opportunity to review the information and
to assert any           rights it or they may have under this Section 4.5 or otherwise to
prevent the           production or disclosure of such privileged information.  

		    (h)                     The
transfer of all Records and other information pursuant to this Agreement is
          made in reliance on the agreement of IMS and ST, as set forth in Sections 4.4
          and 4.5, to maintain the confidentiality of privileged information and to
assert           and maintain all applicable privileges. The access to information being
granted           pursuant to Sections 4.1 and 4.2 hereof, the agreement to provide
witnesses and           individuals pursuant to Sections 2.10 and 3.3 hereof, the
furnishing of notices           and documents and other cooperative efforts contemplated
by Section 3.3 hereof,           and the transfer of privileged information between and
among the parties and           their respective Subsidiaries pursuant to this Agreement
shall not be deemed a           waiver of any privilege that has been or may be asserted
under this Agreement or           otherwise.  

	 	        SECTION
4.6 OWNERSHIP OF INFORMATION. Any information owned by one party or any of its
Subsidiaries that is provided to a requesting party pursuant to Article III or this
Article IV shall be deemed to remain the property of the providing party. Unless
specifically set forth herein, nothing contained in this Agreement shall be construed as
granting or conferring rights of license or otherwise in any such information.  

	 	        SECTION
4.7 LIMITATION OF LIABILITY. (a) No party shall have any liability to any other party in
the event that any information exchanged or provided pursuant to this Agreement which is
an estimate or forecast, or which is based on an estimate or forecast, is found to be
inaccurate.  

		    (b)                     Other
than in connection with Section 2.2, no party or any Subsidiary thereof           shall
have any liability or claim against any other party or any Subsidiary of           any
other party based upon, arising out of or resulting from any agreement,
          arrangement, course of dealing or understanding existing on or prior to the
          Distribution Date (other than this Agreement or any Ancillary Agreement or any
          agreement entered into in connection herewith or in order to consummate the
          transactions contemplated hereby or thereby), unless such agreement,
          arrangement, course of dealing or understanding is listed on Schedule 4.7(b)
          hereto, and any such liability or claim, whether or not in writing, which is
not           reflected on such Schedule, is hereby irrevocably cancelled, released and
          waived.  

	 	        SECTION
4.8 OTHER AGREEMENTS PROVIDING FOR EXCHANGE OF INFORMATION. The rights and obligations
granted under this Article IV are subject to any specific limitations, qualifications or
additional provisions on the sharing, exchange or  confidential  treatment  of  information
 set  forth in any Ancillary Agreement.  

	

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ARTICLE V
ADMINISTRATIVE SERVICES

	 	        SECTION
5.1 PERFORMANCE OF SERVICES. Beginning on the Distribution Date, IMS will provide, or
cause one or more of its Subsidiaries to provide, to ST and its Subsidiaries such
services on such terms as may be set forth in the Corporate Services Agreement and the
Shared Transaction Services Agreements. Except as otherwise set forth in the Corporate
Services Agreement, the Shared Transaction Services Agreements or any Schedules thereto,
IMS will use (and will cause its Subsidiaries to use) commercially reasonable efforts to
provide such services to ST and its Subsidiaries in a satisfactory and timely manner and
as further specified in such Corporate Services Agreement or the Shared Transaction
Services Agreements.  

	 	        SECTION
5.2 INDEPENDENCE. Unless otherwise agreed in writing, all employees and representatives
of IMS and its Subsidiaries providing services to ST and its Subsidiaries will be deemed
for purposes of all compensation and employee benefits matters to be employees or
representatives of IMS and its Subsidiaries and not employees or representatives of ST
and its Subsidiaries. In performing such services, such employees and representatives
will be under the direction, control and supervision of IMS and its Subsidiaries (and not
ST and its Subsidiaries) and IMS and its Subsidiaries will have the sole right to
exercise all authority with respect to the employment (including, without limitation,
termination of employment), assignment and compensation of such employees and
representatives.  

	 	        SECTION
5.3 NON-EXCLUSIVITY. Nothing in this Agreement precludes ST from obtaining, in whole or
in part, services of any nature that may be obtainable from its own employees or from
providers other than IMS and its Subsidiaries.  

	

ARTICLE VI
DISPUTE RESOLUTION 

	 	        SECTION
6.1 NEGOTIATION. In the event of a controversy, dispute or claim arising out of, in
connection with, or in relation to the interpretation, performance, nonperformance,
validity or breach of this Agreement or otherwise arising out of, or in any way related
to this Agreement or the transactions contemplated hereby, including, without limitation,
any claim based on contract, tort, statute or constitution (but excluding any
controversy, dispute or claim arising out of any agreement relating to the use or lease
of real property if any third party is a party to such controversy, dispute or claim)
(collectively, “Agreement Disputes”), the Agreement Dispute shall be negotiated
in good faith for a reasonable period of time by the local managers concerned (or the
equivalent thereof) of the parties, PROVIDED that such reasonable period of time shall
not exceed 15 days from the time the parties began such negotiations. Should there be no
resolution of an Agreement Dispute within a reasonable period of time by such local
managers (or the equivalent thereof) of the parties, the Agreement Dispute shall be
negotiated in good faith for a reasonable period of time by the general counsels of the
parties, PROVIDED that such reasonable period of time shall not, unless otherwise agreed
by the parties in writing, exceed 15 days from the time the general counsels began such
negotiations. Should there be no resolution of an Agreement Dispute within a reasonable
period of time by the general counsels of the parties, the Agreement Dispute shall be
negotiated in good faith for a reasonable period of time by the chief executive officers
of the parties, or their respective designees, PROVIDED that such reasonable period of
time shall not, unless otherwise agreed by the parties in writing, exceed 30 days from
the time the chief executive officers of the parties, or their respective designees,
began such negotiations; PROVIDED FURTHER that, in the event of any arbitration in
accordance with Section 6.2 hereof, the parties shall not assert the defenses of statute
 of limitations and laches arising for the period beginning after the date the parties
 began negotiations hereunder, and any contractual time period or deadline under
this Agreement or any Ancillary Agreement to which such Agreement Dispute relates shall
 not be deemed to have passed until such Agreement Dispute has been resolved. 

	

-29- 

	 	        SECTION
6.2 ARBITRATION. If after such reasonable period such local managers concerned (or the
equivalent thereof), general counsels or chief executive officers, or their respective
designees are unable to settle such Agreement Dispute (and in any event, unless otherwise
agreed in writing by the parties, after 60 days have elapsed from the time the parties
began such negotiations), such Agreement Dispute shall be determined, at the request of
any party, by arbitration conducted in New York City, before and in accordance with the
then-existing International Arbitration Rules of the American Arbitration Association
(the “Rules”). In any dispute between the parties hereto, the number of
arbitrators shall be one. Any judgment or award rendered by the arbitrator shall be
final, binding and nonappealable (except upon grounds specified in 9 U.S.C. ss.10(a) as
in effect on the date hereof). If the parties are unable to agree on the arbitrator, the
arbitrator shall be selected in accordance with the Rules; PROVIDED that the arbitrator
shall be a U.S. national. Any controversy concerning whether an Agreement Dispute is an
arbitrable Agreement Dispute, whether arbitration has been waived, whether an assignee of
this Agreement is bound to arbitrate, or as to the interpretation of enforceability of
this Article VI shall be determined by the arbitrator. In resolving any dispute, the
parties intend that the arbitrator apply the substantive laws of the State of New York,
without regard to the choice of law principles thereof. The parties intend that the
provisions to arbitrate set forth herein be valid, enforceable and irrevocable. The
parties agree to comply with any award made in any such arbitration proceeding that has
become final in accordance with the Rules and agree to enforcement of or entry of
judgment upon such award, by any court of competent jurisdiction, including (a) the
Supreme Court of the State of New York, New York County, or (b) the United States
District Court for the Southern District of New York, in accordance with Section 8.17
hereof. The arbitrator shall be entitled, if appropriate, to award any remedy in such
proceedings, including, without limitation, monetary damages, specific performance and
all other forms of legal and equitable relief; PROVIDED, however, the arbitrator shall
not be entitled to award punitive damages. Without limiting the provisions of the Rules,
unless otherwise agreed in writing by or among the parties or permitted by this
Agreement, the parties shall keep confidential all matters relating to the arbitration or
the award, PROVIDED such matters may be disclosed (i) to the extent reasonably necessary
in any proceeding brought to enforce the award or for entry of a judgment upon the award
and (ii) to the extent otherwise required by law. Notwithstanding Article 32 of the
Rules, the party other than the prevailing party in the arbitration shall be responsible
for all of the costs of the arbitration, including legal fees and other costs specified
by such Article 32. Nothing contained herein is intended to or shall be construed to
prevent any party, in accordance with Article 22(3) of the Rules or otherwise, from
applying to any court of competent jurisdiction for interim measures or other provisional
relief in connection with the subject matter of any Agreement Disputes.  

	 	        SECTION
6.3 CONTINUITY OF SERVICE AND PERFORMANCE. Unless otherwise agreed in writing, the
parties will continue to provide service and honor all other commitments under this
Agreement and each Ancillary Agreement during the course of dispute resolution pursuant
to the provisions of this Article VI with respect to all matters not subject to such
dispute, controversy or claim.  

	

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ARTICLE VII
INSURANCE 

	 	        SECTION
7.1 POLICIES AND RIGHTS INCLUDED WITHIN ASSETS; ASSIGNMENT OF POLICIES. (a) POLICY
RIGHTS. The ST Assets shall include (i) any and all rights of an insured party under each
of the Shared Policies, subject to the terms of such Shared Policies and any limitations
or obligations of ST contemplated by this Article VII, specifically including rights of
indemnity and the right to be defended by or at the expense of the insurer, with respect
to all claims, suits, actions, proceedings, injuries, losses, liabilities, damages and
expenses incurred or claimed to have been incurred prior to the Distribution Date by any
party in or in connection with the conduct of the ST Business or, to the extent any claim
is made against ST or any of its Subsidiaries, the conduct of the IMS Business, and which
claims, suits, actions, proceedings, injuries, losses, liabilities, damages and expenses
may arise out of an insured or insurable occurrence under one or more of such Shared
Policies.  

		    (b)                     ASSIGNMENT
OF SHARED POLICIES. Subject to the terms and conditions hereof, ST           hereby
assigns, transfers and conveys to IMS all of ST’s right, title and
          interest in and to any and all of the Shared Policies, including, without
          limitation, the right of indemnity, the right to be defended by or at the
          expense of the insurer and the right to any applicable Insurance Proceeds
          thereunder; and IMS and ST shall use their commercially reasonable efforts to
          obtain any required consents of insurers to the assignment contemplated by this
          paragraph.  

	 	        SECTION
7.2 POST-DISTRIBUTION DATE CLAIMS. If, subsequent to the Distribution Date, any person
shall assert a claim against ST or any of its Subsidiaries (including, without
limitation, where ST or its Subsidiaries are joint defendants with other persons) with
respect to any claim, suit, action, proceeding, injury, loss, liability, damage or
expense incurred or claimed to have been incurred prior to the Distribution Date in or in
connection with the conduct of the ST Business or, to the extent any claim is made
against ST or any of its Subsidiaries (including, without limitation, where ST or its
Subsidiaries are joint defendants with other persons), in connection with the conduct of
the IMS Business, and which claim, suit, action, proceeding, injury, loss, liability,
damage or expense may arise out of an insured or insurable occurrence under one or more
of the Shared Policies, IMS shall, at the time such claim is asserted, to the extent any
such Policy may require that Insurance Proceeds thereunder be collected directly by the
named insured or anyone other than the party against whom the Insured Claim is asserted,
be deemed to designate, without need of further documentation, ST as the agent and
attorney-in-fact to assert and to collect any related Insurance Proceeds under such
Shared Policy.  

	 	        SECTION
7.3 ADMINISTRATION; OTHER MATTERS. (a) ADMINISTRATION. From and after the Distribution
Date, IMS shall be responsible for (i) Insurance Administration of the Shared Policies
and (ii) Claims Administration under such Shared Policies with respect to IMS Liabilities
and ST Liabilities; PROVIDED that the assumption of such responsibilities by IMS is in no
way intended to limit, inhibit or preclude any right to insurance coverage for any
Insured Claim of a named insured under such Policies as contemplated by the terms of this
Agreement; PROVIDED FURTHER that IMS’ assumption of the administrative
responsibilities for the Shared Policies shall not relieve the party submitting any
Insured Claim of the primary responsibility for reporting such Insured Claim accurately,
completely and in a timely manner or of such party’s authority to settle any such
Insured Claim within any period permitted or required by the relevant Policy; and
PROVIDED FURTHER that all direct or indirect communication with insurers relating to the
Shared Policies shall be conducted by IMS. IMS may discharge its administrative
responsibilities under this Section 7.3 by contracting for the provision of services by
independent parties. Each of the parties hereto shall administer and pay any costs
relating to defending its respective Insured Claims under Shared Policies to the extent
such defense costs are not covered under such Policies and shall be responsible for
obtaining or reviewing the appropriateness of releases upon settlement of its respective
Insured Claims under Shared Policies. The disbursements, out-of-pocket expenses and
direct and indirect costs of employees or agents of IMS relating to Claims Administration
and Insurance Administration contemplated by this Section 7.3(a) shall be for ST’s
account if they relate to ST Liabilities and for IMS’ account if they relate to IMS
Liabilities.  

	

-31- 

		    (b)                     EXCEEDING
POLICY LIMITS. Except as set forth in this Section 7.3(b), IMS and ST           shall not
be liable to one another for claims not reimbursed by insurers for any           reason
not within the control of IMS or ST, as the case may be, including,           without
limitation, coinsurance provisions, deductibles, quota share           deductibles,
self-insured retentions, bankruptcy or insolvency of an insurance           carrier,
Shared Policy limitations or restrictions, any coverage disputes, any           failure
to timely claim by IMS or ST or any defect in such claim or its           processing,
PROVIDED that ST shall be responsible for the amount of the           difference, if any,
between the deductible set forth in any Shared Policy and           the deductible
allocable to IMS as set forth in Schedule 7.3(b) hereto.  

		    (c)                     ALLOCATION
OF INSURANCE PROCEEDS. Insurance Proceeds received with respect to           claims,
costs and expenses under the Shared Policies shall be paid to IMS, which           shall
thereafter administer the Shared Policies by paying the Insurance           Proceeds, as
appropriate, to ST with respect to ST Liabilities and to IMS with           respect to
IMS Liabilities. Payment of the allocable portions of indemnity costs           of
Insurance Proceeds resulting from such Policies will be made by IMS to the
          appropriate party upon receipt from the insurance carrier. In the event that
the           aggregate limits on any Shared Policies are exceeded by the aggregate of
          outstanding Insured Claims by both of the parties hereto, the parties agree to
          allocate the Insurance Proceeds received thereunder based upon their respective
          percentage of the total of their bona fide claims which were covered under such
          Shared Policy (their “allocable portion of Insurance Proceeds”), and
          any party who has received Insurance Proceeds in excess of such party’s
          allocable portion of Insurance Proceeds shall pay to the other party the
          appropriate amount so that each party will have received its allocable portion
          of Insurance Proceeds pursuant hereto. Each of the parties agrees to use
          commercially reasonable efforts to maximize available coverage under those
          Shared Policies applicable to it, and to take all commercially reasonable steps
          to recover from all other responsible parties in respect of an Insured Claim to
          the extent coverage limits under a Shared Policy have been exceeded or would be
          exceeded as a result of such Insured Claim.  

		    (d)                     ALLOCATION
OF DEDUCTIBLES. In the event that both parties have bona fide claims           under any
Shared Policy for which a deductible is payable, the parties agree           that the
aggregate amount of the deductible paid shall be borne by the parties           in the
same proportion which the Insurance Proceeds received by each such party           bears
to the total Insurance Proceeds received under the applicable Shared           Policy
(their “allocable share of the deductible”), and any party who           has
paid more than such share of the deductible shall be entitled to receive           from
the other party an appropriate amount so that each party has borne its
          allocable share of the deductible pursuant hereto. For purposes of this Section
          7.3(d), the amount of the relevant deductible under any Shared Policy shall be
          that set forth in Schedule 7.3(b) hereto.  

		    (e)                     Effective
as of the Distribution Date, each of ST and IMS shall be responsible           for its
applicable deductible for workers’ compensation, general liability           and
automobile liability claims as set forth in Schedule 7.3(e).  

	 	        SECTION
7.4 AGREEMENT FOR WAIVER OF CONFLICT AND SHARED DEFENSE. In the event that Insured Claims
of both of the parties hereto exist relating to the same occurrence, the parties shall
jointly defend and waive any conflict of interest necessary to the conduct of the joint
defense. Nothing in this Article VII shall be construed to limit or otherwise alter in
any way the obligations of the parties to this Agreement, including those created by this
Agreement, by operation of law or otherwise.  

	 	        SECTION
7.5 COOPERATION. The parties agree to use their commercially reasonable efforts to
cooperate with respect to the various insurance matters contemplated by this Agreement.  

	

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ARTICLE VIII
MISCELLANEOUS 

	 	        SECTION
8.1 COMPLETE AGREEMENT; CONSTRUCTION. This Agreement, including the Exhibits and
Schedules, and the Ancillary Agreements shall constitute the entire agreement between the
parties with respect to the subject matter hereof and shall supersede all previous
negotiations, commitments and writings with respect to such subject matter. In the event
of any inconsistency between this Agreement and any Schedule hereto, the Schedule shall
prevail. Other than Section 2.1(j), Section 2.8, Section 4.5 and Article VI, which shall
prevail over any inconsistent or conflicting provisions in any Ancillary Agreement,
notwithstanding any other provisions in this Agreement to the contrary, in the event and
to the extent that there shall be a conflict between the provisions of this Agreement and
the provisions of any Ancillary Agreement, such Ancillary Agreement shall control.  

	 	        SECTION
8.2 ANCILLARY AGREEMENTS. Subject to the last sentence of Section 8.1, this Agreement is
not intended to address, and should not be interpreted to address, the matters
specifically and expressly covered by the Ancillary Agreements.  

	 	        SECTION
8.3 COUNTERPARTS. 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 such counterparts have been signed by each of the parties and delivered to the
other parties.  

	 	        SECTION
8.4 SURVIVAL OF AGREEMENTS. Except as otherwise contemplated by this Agreement, all
covenants and agreements of the parties contained in this Agreement shall survive the
Distribution Date.  

	 	        SECTION
8.5 EXPENSES. Except as otherwise contemplated in this Agreement or any Ancillary
Agreement, all costs and expenses incurred with the Distribution, which includes the
preparation, execution and delivery of the Information Statement (including any
registration statement on Form 10 of which such Information Statement may be a part),
shall be charged to and paid by IMS; PROVIDED, HOWEVER, that the costs and expenses
associated with the implementation and consummation of the transactions contemplated
hereby or by any Ancillary Agreement, including, without limitation, name changes,
trademark registrations, establishment of benefit plans and compensation to benefits
consultants, will be charged to and paid by ST.  

	 	        SECTION
8.6 PAYMENTS. Except as otherwise contemplated in this Agreement or any Ancillary
Agreement, all payments to be made by IMS or ST under this Agreement shall be made in
United States dollars within the United States.  

	 	        SECTION
8.7 NOTICES. All notices and other communications hereunder shall be in writing and hand
delivered or mailed by registered or certified mail (return receipt requested) or sent by
any means of electronic message transmission with delivery confirmed (by voice or
otherwise) to the parties at the following addresses (or at such other addresses for a
party as shall be specified by like notice) and will be deemed given on the date on which
such notice is received:  

		    (i)            if
to IMS, to:

                    IMS Health Incorporated

                    200 Nyala Farms

                    Westport, CT 06880

                    Telecopy: (203)222-4313

                    Attn: General Counsel; and  

	

-33- 

		    (ii)            if
to IMS, to:

                    Synavant Inc.

                    3445 Peachtree Rd., NE, Suite 1400

                    Atlanta, GA 30326

                    Telecopy: (404)841-4115

                    Attn: Chief Financial Officer

	 	        SECTION
8.8 WAIVERS. The failure of any party to require strict performance by any other party of
any provision in this Agreement will not waive or diminish that party’s right to
demand strict performance thereafter of that or any other provision hereof.  

	 	        SECTION
8.9 AMENDMENTS. Subject to the terms of Section 8.12 hereof, this Agreement may not be
modified or amended except by an agreement in writing signed by each of the parties
hereto.  

	 	        SECTION
8.10 ASSIGNMENT. (a) This Agreement shall not be assignable, in whole or in part,
directly or indirectly, by any party hereto without the prior written consent of the
other parties hereto, and any attempt to assign any rights or obligations arising under
this Agreement without such consent shall be void.  

		    (b)                     IMS
will not distribute to its stockholders any interest in any IMS Business
          Entity, by way of a spin-off distribution, split-off or exchange of interests
in           a IMS Business Entity for any interest in IMS held by IMS stockholders, or
any           similar transaction or transactions, unless the distributed IMS Business
Entity           undertakes to ST to be jointly and severally liable for all IMS
Liabilities           hereunder.  

		    (c)                     ST
will not distribute to its stockholders any interest in any ST Business           Entity,
by way of a spin-off distribution, split-off or exchange of interests in           a ST
Business Entity for any interest in ST held by ST stockholders, or any           similar
transaction or transactions, unless the distributed ST Business Entity
          undertakes to IMS to be jointly and severally liable for all ST Liabilities
          hereunder.  

	 	        SECTION
8.11 SUCCESSORS AND ASSIGNS. The provisions to this Agreement shall be binding upon,
inure to the benefit of and be enforceable by the parties and their respective successors
and permitted assigns.  

	 	        SECTION
8.12 TERMINATION. This Agreement (including, without limitation, Article III hereof) may
be terminated and the Distribution may be amended, modified or abandoned at any time
prior to the Distribution by and in the sole discretion of IMS without the approval of ST
or the shareholders of IMS. In the event of such termination, no party shall have any
liability of any kind to any other party or any other person. After the Distribution,
this Agreement may not be terminated except by an agreement in writing signed by the
parties; PROVIDED, HOWEVER, that Article III shall not be terminated or amended after the
Distribution in respect of the third party beneficiaries thereto without the consent of
such persons.  

	 	        SECTION
8.13 SUBSIDIARIES. Each of the parties hereto shall cause to be performed, and hereby
guarantees the performance of, all actions, agreements and obligations set forth herein
to be performed by any Subsidiary of such party or by any entity that is contemplated to
be a Subsidiary of such party on and after the Distribution Date.  

	

-34- 

	 	        SECTION
8.14 THIRD PARTY BENEFICIARIES. Except as provided in Article III relating to
Indemnitees, this Agreement is solely for the benefit of the parties hereto and their
respective Subsidiaries and Affiliates and should not be deemed to confer upon third
parties any remedy, claim, liability, reimbursement, claim of action or other right in
excess of those existing without reference to this Agreement.  

	 	        SECTION
8.15 TITLE AND HEADINGS. Titles and headings to sections herein are inserted for the
convenience of reference only and are not intended to be a part of or to affect the
meaning or interpretation of this Agreement.  

	 	        SECTION
8.16 EXHIBITS AND SCHEDULES. The Exhibits and Schedules shall be construed with and as an
integral part of this Agreement to the same extent as if the same had been set forth
verbatim herein.  

	 	        SECTION
8.17 GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND TO BE PERFORMED IN THE
STATE OF NEW YORK.  

	 	        SECTION
8.18 CONSENT TO JURISDICTION. Without limiting the provisions of Article VI hereof, each
of the parties irrevocably submits to the exclusive jurisdiction of (a) the Supreme Court
of the State of New York, New York County, and (b) the United States District Court for
the Southern District of New York, for the purposes of any suit, action or other
proceeding arising out of this Agreement or any transaction contemplated hereby. Each of
the parties agrees to commence any action, suit or proceeding relating hereto either in
the United States District Court for the Southern District of New York or if such suit,
action or other proceeding may not be brought in such court for jurisdictional reasons,
in the Supreme Court of the State of New York, New York County. Each of the parties
further agrees that service of any process, summons, notice or document by U.S.
registered mail to such party’s respective address set forth above shall be
effective service of process for any action, suit or proceeding in New York with respect
to any matters to which it has submitted to jurisdiction in this Section 8.18. Each of
the parties irrevocably and unconditionally waives any objection to the laying of venue
of any action, suit or proceeding arising out of this Agreement or the transactions
contemplated hereby in (i) the Supreme Court of the State of New York, New York County,
or (ii) the United States District Court for the Southern District of New York, and
hereby further irrevocably and unconditionally waives and agrees not to plead or claim in
any such court that any such action, suit or proceeding brought in any such court has
been brought in an inconvenient forum.  

	 	        SECTION
8.19 SEVERABILITY. In the event any one or more of the provisions contained in this
Agreement should be held invalid, illegal or unenforceable in any respect, the validity,
legality and enforceability of the remaining provisions contained herein and therein
shall not in any way be affected or impaired thereby. The parties shall endeavor in good
faith negotiations to replace the invalid, illegal or unenforceable provisions with valid
provisions the economic effect of which comes as close as possible to that of the
invalid, illegal or unenforceable provisions.  

	

-35- 

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

			IMS HEALTH INCORPORATED

By: /s/ MATTHEW L. FRIEDMAN
——————————————

Name:   Matthew L. Friedman
Title:    Vice President

			SYNAVANT INC.

By: /s/ JAMES C. MALONE
——————————————

Name:  James C. Malone
Title:    Vice President

	

-36-amendment to distribution agreement

	

AMENDMENT 

	 	     
   ThisAMENDMENT TO DISTRIBUTION AGREEMENT (this “Amendment”), dated as
of June 16, 2003, between IMS Health Incorporated (“IMS”) and Synavant
Inc. (“Synavant”).

	 	        WHEREAS,
IMS and Synavant are parties to that certain Distribution Agreement, dated as of August
31, 2000 (as the same may have been amended, modified, or supplemented prior to the date
hereof, the “Distribution Agreement”)  

	 	        WHEREAS,
IMS, Synavant, and Dendrite International, Inc. (“Dendrite”) entered
into a Letter Agreement, dated May 8, 2003 (the “Letter Agreement”), in
contemplation of the acquisition of Synavant by Dendrite and/or certain of its affiliates
(the “Transaction”);  

	 	        WHEREAS,
simultaneous with the execution and delivery of this Amendment, the Transaction will be
closed and in accordance with the Letter Agreement the parties desire to amend the terms
of the Distribution Agreement;  

	 	        NOW,
THEREFORE, in consideration of the premises and mutual covenants and agreements set
forth in this Amendment, the parties hereby agree as follows (capitalized terms contained
herein and not defined in this Amendment have the meanings set forth in the Distribution
Agreement):  

		   
     1.           
   The Distribution Agreement is hereby amended by deleting Section 2.16 in its
entirety, and replacing it with the following: “Section 2.16 [Intentionally omitted].”

		   
     2.           
   Except as expressly amended and modified under paragraph 1 above, the Distribution
Agreement shall remain in full force and effect.

		   
     3.           
   This Amendment shall be governed by and construed in accordance with the laws of the
State of New York applicable to contracts made and to be performed in the State of New York.

	

[SIGNATURE PAGE
FOLLOWS] 

	 	        IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed and
delivered by their respective duly authorized representative as of the date first above
written.  

			IMS HEALTH INCORPORATED.

BY:  ROBERT H. STEINFELD
——————————————

Name:  Robert H. Steinfeld
Title:    SVP - General Counsel

			SYNAVANT INC.

BY:  CHRISTINE PELLIZZARI
——————————————

Name:  Christine Pellizzari
Title:    Secretary

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