Exhibit 10.6


 


Facet Biotech Corporation


Notice of
Grant of Restricted Stock


 


Facet Biotech Corporation has granted the Participant
an award (the “Award”)
pursuant to the Facet Biotech Corporation 2008 Equity Incentive Plan (the “Plan”) of certain shares of
Stock (the “Shares”), as follows:


 


	
  Participant:

  	
                                                                                                  

  	
  Employee
  ID:

  	
                                                                                                  

  
	
   

  	
   

  	
   

  	
   

  
	
  Date of Grant:

  	
                                                                                                  

  
	
   

  	
   

  
	
  Total Number of Shares:

  	
                                                                                                  ,
  subject to adjustment as provided by the Restricted Stock Agreement.

  
	
   

  	
   

  
	
  Vested Shares:

  	
  Except as provided in the Restricted Stock Agreement
  and provided that the Participant’s Service as an Employee has not terminated
  prior to the relevant date, the number of Vested Shares shall cumulatively
  increase on each respective date set forth below by the number of shares set
  forth opposite such date, as follows:

  



 


	
   

  	
  Vesting Date

  	
   

  	
  No. Shares Vesting

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  



 


	
  Adjustments
  to Vested Shares:

  	
  The Company may adjust rate
  at which Shares will become Vested Shares to account for any periods of
  part-time Service as an Employee.

  



 


By their signatures below
or by electronic acceptance or authentication in a form authorized by the
Company, the Company and the Participant agree that the Award is governed by
this Grant Notice and by the provisions of the Plan and the Restricted Stock
Agreement, both of which are made part of this document.  The Participant acknowledges that copies of
the Plan, Restricted Stock Agreement and the prospectus for the Plan are
available on the Company’s internal web site and may be viewed and printed by
the Participant for attachment to the Participant’s copy of this Grant
Notice.  The Participant represents that
the Participant has read and is familiar with the provisions of the Plan and
the Restricted Stock Agreement, and hereby accepts the Award subject to all of
their terms and conditions.


 


	
  Facet Biotech Corporation

  	
  PARTICIPANT

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  	
                                                                                                                                                                                                                                                                          

  
	
  [officer name]

  	
  Signature

  
	
  [officer title]

  	
                                                                                                                                                                                                                                                                          

  
	
   

  	
  Date

  
	
  Address:

  	
   

  	
                                                                                                                                                                                                                                                                          

  
	
   

  	
   

  	
  Address

  
	
   

  	
   

  	
                                                                                                                                                                                                                                                                          

  
					



 


ATTACHMENTS:                                             2008
Equity Incentive Plan, as amended to the Date of Grant; Restricted Stock
Agreement; Assignment Separate from Certificate and Plan Prospectus