0001445305-13-000433 Sample Contracts

CREDIT AGREEMENT
Credit Agreement • March 1st, 2013 • PDL Biopharma, Inc. • Biological products, (no disgnostic substances)

This Compliance Certificate (this “Certificate”) is given by WELLSTAT DIAGNOSTICS, LLC, a Delaware limited liability company (“Borrower”), pursuant to that certain Credit Agreement dated as of November 2, 2012 (the “Credit Agreement”; capitalized terms used and not defined herein shall have the meaning set forth in the Credit Agreement), between Borrower and PDL BIOPHARMA, INC., as Lender and Agent (“Agent”).

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Re: Separation Agreement
Separation Agreement • March 1st, 2013 • PDL Biopharma, Inc. • Biological products, (no disgnostic substances)

This letter, upon your signature, will constitute the Separation Agreement (“Agreement”) between you and PDL BioPharma, Inc. and its affiliates (“PDL” or “the Company”), and co-employer TriNet HR Corporation (with the Company/PDL, collectively referred to as “Releasees”) and the terms of your separation from employment with the Company.

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