EX-10.17 4 abmd-ex1017_561.htm EX-10.17 abmd-ex1017_561.htm
April 27, 2020
Paul G. Thomas, Chairman of the Compensation Committee
Board of Directors of Abiomed, Inc.
C/O of: Marc Began, Secretary
22 Cherry Hill Drive
Danvers, Ma 01923
Re:Temporary Salary Reduction
To the Board of Directors of Abiomed, Inc.:
In light of the disruption and uncertainty created by the evolving COVID-19 pandemic and its impact on the operations of Abiomed, Inc. (the “Company”), I hereby volunteer to forego my entire annual cash base salary payable between April 30, 2020 and June 30, 2020, other than any payments necessary for me to retain my Company-sponsored health and welfare benefits.
/S/ MICHAEL R. MINOGUE
Michael R. Minogue
Chairman, President and Chief Executive Officer