Common use of Transfer of Records and Information Clause in Contracts

Transfer of Records and Information. Subject to applicable law, Abbott shall transfer to Hospira any and all employment records and information (including, but not limited to, any Form W-2 or other Internal Revenue Service forms) with respect to Transferred Employees and other records reasonably required by Hospira to enable Hospira to properly carry out its obligations under this Agreement. Such transfer of records and information shall generally occur as soon as administratively practicable following (a) the date hereof or (b) with respect to records and information that are relevant to services provided in the Transition Services Agreements, the date upon which the provision of those services terminates. After the transfer of those records to Hospira, Hospira shall permit Abbott to have reasonable access to such records and such information, each as set forth in Article VI of the Separation and Distribution Agreement.