Summary ofExecutive Officer Compensation
Exhibit 10.18
Summary of Executive Officer Compensation
The following named executive officers of ABIOMED, Inc. are at will employees of ABIOMED and have not entered into a formal employment agreement with ABIOMED. The current understanding between each employee and ABIOMED with respect to the employee’s compensation is as follows:
| Name |
| Base salary |
| Bonus earned for the |
| Bonus target for the |
| |||
| Dr. Karim Benali |
| $ | 171,200 |
| $ | 37,500 |
| $ | 37,500 |
|
| Javier Jimenez |
| $ | 175,100 |
| $ | 18,750 |
| $ | 46,250 |
|
| Dr. Robert T.V. Kung |
| $ | 226,600 |
| $ | 25,000 |
| $ | 79,000 |
|
| Christopher D. Macdonald |
| $ | 195,700 |
| $ | 25,000 |
| $ | 75,000 |
|
These officers are also eligible to receive grants of stock options and other awards at the discretion of ABIOMED’s Compensation Committee.
