Contract
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This
JOINT FILING AGREEMENT is made and entered into by and among Iridian Asset
Management LLC, Xxxxx X. Xxxxx and Xxxxxx X. Xxxx.
The
parties to this Agreement hereby agree to prepare jointly and file timely
(or otherwise deliver as appropriate) all filings on Schedule 13D and
Schedule 13G (the “Filings”) required to be filed by them pursuant to
Section 13(d) or 13(g) under the Securities Exchange Act of 1934, as
amended, with respect to their respective ownership of any securities of
PDL BioPharma, Inc. that are required to be reported on any Filings. Each
party to this Agreement further agrees and covenants to the other parties
that it will fully cooperate with such other parties in the preparation
and timely filing (and other delivery) of all such
Filings.
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Date:
January 28, 2010
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IRIDIAN
ASSET MANAGEMENT LLC
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By:
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/s/ Xxxxxxx
X. Xxxxxxx
___________________________
Xxxxxxx
X. Xxxxxxx
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Title:
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Executive
Vice President
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Xxxxx
X. Xxxxx
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By:
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/s/ Xxxxxxx
X. Xxxxxxx
___________________________
Xxxxxxx
X. Xxxxxxx
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Title:
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Agent
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Xxxxxx
X. Xxxx
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By:
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/s/ Xxxxxxx
X. Xxxxxxx
___________________________
Xxxxxxx
X. Xxxxxxx
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Title:
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Agent
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