0001193125-06-142599 Sample Contracts

SUBLEASE
Sublease • July 6th, 2006 • PDL Biopharma, Inc. • Biological products, (no disgnostic substances) • California

THIS SUBLEASE is dated for references purposes only as of July 6, 2006, and is entered by and between OPENWAVE SYSTEMS INC., a Delaware corporation (“Sublessor”), and PDL BIOPHARMA, INC., a Delaware corporation (“Sublessee”). Sublessor and Sublessee hereby agree as follows:

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TRIPLE NET SPACE LEASE between PACIFIC SHORES INVESTORS LLC, as LESSOR and PDL BIOPHARMA, INC., a Delaware corporation as LESSEE for PREMISES at Pacific Shores Center BUILDING 10 1500 SEAPORT BOULEVARD REDWOOD CITY, CALIFORNIA 94063
Work Letter Agreement • July 6th, 2006 • PDL Biopharma, Inc. • Biological products, (no disgnostic substances) • California

NOW, THEREFORE, in consideration of the premises and of the sum of ONE DOLLAR ($1.00) by each party in hand paid to the other, the receipt of which is hereby acknowledged, the parties hereby agree as follows:

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TRIPLE NET SPACE LEASE between PACIFIC SHORES INVESTORS LLC, as LESSOR and PDL BIOPHARMA, INC., a Delaware corporation as LESSEE for PREMISES at Pacific Shores Center BUILDING 9 1400 SEAPORT BOULEVARD REDWOOD CITY, CALIFORNIA 94063
Option Agreement • July 6th, 2006 • PDL Biopharma, Inc. • Biological products, (no disgnostic substances) • California

NOW, THEREFORE, in consideration of the premises and of the sum of ONE DOLLAR ($1.00) by each party in hand paid to the other, the receipt of which is hereby acknowledged, the parties hereby agree as follows:

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