Compensation Deductions. PDL (or the appropriate member of the PDL Consolidated Group) shall claim all Tax deductions arising by reason of the exercise of options on, or receipt or vesting of restricted shares of, PDL stock.
Appears in 4 contracts
Sources: Tax Sharing and Indemnification Agreement (Facet Biotech Corp), Tax Sharing and Indemnification Agreement (PDL Biopharma, Inc.), Tax Sharing and Indemnification Agreement (Facet Biotech Corp)