Attached files

file filename
10-K - FORM 10-K - ABIOMED INCd303434d10k.htm
EX-21.1 - SUBSIDIARIES OF THE REGISTRANT - ABIOMED INCd303434dex211.htm
EX-23.1 - CONSENT OF DELOITTE & TOUCHE LLP - ABIOMED INCd303434dex231.htm
EX-10.23 - SUMMARY OF DIRECTOR COMPENSATION - ABIOMED INCd303434dex1023.htm
EXCEL - IDEA: XBRL DOCUMENT - ABIOMED INCFinancial_Report.xls
EX-32.1 - SECTION 1350 CERTIFICATION - ABIOMED INCd303434dex321.htm
EX-31.2 - CERTIFICATION OF PRINCIPAL ACCOUNTING OFFICER - ABIOMED INCd303434dex312.htm
EX-31.1 - CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER - ABIOMED INCd303434dex311.htm

Exhibit 10.22

Summary of Executive Officer Compensation

The following executive officers of ABIOMED, Inc. are at will employees of ABIOMED, Inc. and have not entered into a formal employment agreement with ABIOMED, Inc. The current understanding between each employee and ABIOMED, Inc. with respect to the employee’s compensation is as follows:

 

Name

   Base Salary      Target
Fiscal 2013

Bonus
(Percentage
of Salary)
 

William J. Bolt

   $ 277,655         55 %

Andrew J. Greenfield

   $ 244,149         50 %

Michael G. Howley

   $ 278,409         60 %

These officers are also eligible to receive grants of stock options and other awards at the discretion of ABIOMED’s Compensation Committee.

We have an employment agreement with our Chief Executive Officer, Michael R. Minogue, which sets forth the terms of his employment. Mr. Minogue’s current salary is $506,927 and his target bonus for fiscal 2013 is 120% of salary. We have an offer letter with our Chief Financial Officer, Robert L. Bowen, which sets forth the terms of his employment. Mr. Bowen’s current salary is $310,767 and his target bonus for fiscal 2013 is 50% of salary. We also have an offer letter with our Chief Operating Officer, David M. Weber, which sets forth the terms of his employment. Mr. Weber’s current salary is $333,506 and his target bonus for fiscal 2013 is 65% of salary.