0001047469-08-012078 Sample Contracts

Indemnity Agreement
Indemnity Agreement • November 12th, 2008 • Facet Biotech Corp • Pharmaceutical preparations • Delaware

This Indemnity Agreement (this “Agreement”), dated as of December , 2008, is made by and between Facet Biotech Corporation, a Delaware corporation (the “Company”), and , an individual (the “Indemnitee”).

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Separation and Distribution Agreement
Separation and Distribution Agreement • November 12th, 2008 • Facet Biotech Corp • Pharmaceutical preparations • Delaware

This Separation and Distribution Agreement (this “Agreement”), dated as of [ ], 2008, is entered into by and between PDL BioPharma, Inc., a Delaware corporation (“PDL”), and Facet Biotech Corporation, a Delaware corporation (“Facet”) (each a “Party” and collectively, the “Parties”). Capitalized terms used herein and not otherwise defined shall have the respective meanings assigned to them in Article I.

Transition Services Agreement
Transition Services Agreement • November 12th, 2008 • Facet Biotech Corp • Pharmaceutical preparations

This Transition Services Agreement (this “Agreement”) is entered into as of [ ], 2008, by and between PDL BioPharma, Inc., a Delaware corporation (“PDL”), and Facet Biotech Corporation, a Delaware corporation (“Facet”), each a “Party” and together, the “Parties”. Capitalized terms not defined herein shall have the meaning set forth in that certain Separation and Distribution Agreement dated as of the date hereof by and between the Parties, as amended or otherwise modified from time to time (the “Separation Agreement”). This Agreement shall be effective on the Distribution Date, as defined in the Separation Agreement.

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