December 12, 2005 (Revised) Daniel Sutherby Dear Dan: (February 9th, 2006)
We at ABIOMED are pleased to offer you the position of Chief Financial Officer reporting to Michael Minogue, Chairman, CEO & President with a starting salary paid at the semi-monthly rate of $9,375.00 (equivalent to $225,000 per year). You will be eligible to participate in ABIOMEDs benefit plans, which include medical, dental, life, long and short-term disability insurance commencing on your first day of employment. You will also be eligible to participate in our 401(k) plan, which includes a matching contribution. All benefits are subject to the provisions of the plan. Also, your vacation will accrue at a monthly rate of 13.33 hours, which is equivalent to four (4) weeks per year.