Common use of Transfer of Records and Information Clause in Contracts

Transfer of Records and Information. Subject to applicable law, Biogen shall transfer to Bioverativ any and all employment records and information (including, but not limited to, any Form I-9, Form W-2 or other Internal Revenue Service forms) with respect to Bioverativ Employees and other records reasonably required by Bioverativ to enable Bioverativ properly to carry out its obligations under this Agreement. Such transfer of records and information generally shall occur as soon as administratively practicable on or after the Distribution Effective Time. Each Party will permit the other Party reasonable access to employee records and information, to the extent reasonably necessary for such accessing Party to carry out its obligations hereunder (subject to applicable law).