Letter Agreement dated April 27, 2020 with Michael R. Minogue related to salary waiver
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