Document:

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

  first half of fiscal 

  2006

  	
   

  	
  Bonus target for the 

  remainder of fiscal 

  2006

  	
   

  
	
  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.Exhibit 10.19

 

Summary of Director Compensation

 

Directors of ABIOMED who are not our employees receive an annual
retainer of $15,000 or an equivalent value of our Common Stock, at the
individual’s option, and $1,200 for attendance at in-person meetings of our
Board of Directors, $1,000 for attendance at meetings of Committees of our
Board of Directors and $600 for attendance at all telephonic meetings.  The Chair of our Audit Committee receives
$1,500 for attendance at meetings of our Audit Committee.  In addition, our Lead Director, receives
additional compensation of $20,000.

 

These directors are also eligible to receive stock options and other
awards under our stock incentive plans. 
It is currently our policy to grant each non-employee director who continues
to be a director following our annual meeting of stockholders, a stock option
to purchase 8,000 shares of our common stock, with an exercise price of the
fair market value of our common stock on the date of grant, and vesting in full
one year after the date of grant.

 

Our directors are also eligible for additional compensation in the
event that they perform additional services for ABIOMED in excess of the normal
time commitments we expect of our directors. 
As a result, in the third quarter of fiscal 2006 we issued bonuses to Dorothy
Puhy and W. Gerald Austen in the amounts of $5,000 and $2,000 respectively, in
recognition of their contributions.

 

1Exhibit 10.20

 

 

SOFTWARE LICENSE AGREEMENT

(“Agreement”)

 

This
Agreement is made effective as of the 18th day of November 2005, by and
between ANSWERTHINK, INC., a FL corporation, with offices at 225 Washington
Street, Conshohocken, PA 19428, (“Provider”,), and ABIOMED, INC.,
a MA corporation, with offices at 22 Cherry Hill Drive,  Danvers, MA 01923 (“Licensee”).

 

1.                                       DEFINITIONS.

1.1                                 “Subsidiary”
means a corporation in the Territory of which Licensee owns more than fifty
percent (50%) of the voting securities. 
This entity will be considered a Subsidiary for only such time as such
equity interest is maintained.  For the
purpose of this Agreement, Impella CardioSystems GmbH shall be considered a
Subsidiary but only for such time as Licensee continues to own more than fifty
percent (50%) of the voting securities. .  In the event Licensee acquires
entities outside the Territory (owning more than 50% of the voting securities
of such entity), Licensee may request approval from Provider, which approval
shall not be unreasonably withheld, that any such entity be included as a
Subsidiary under this Agreement, but only in the event such entity does not
already have use rights or is then currently receiving maintenance services to
any SAP software under another agreement. 
If Provider agrees, , to include such entity as a Subsidiary under this
Agreement, the parties shall execute an amendment to this Agreement including
the entity as a Subsidiary and such entity shall execute a Subsidiary
Agreement.  Such entity shall be
considered a Subsidiary for only such time as Licensee continues to own more
than fifty percent (50%) of the voting securities.

 

1.2                                 “Business
Partner” means an entity that requires access to the Software in connection
with the operation of Licensee’s business, such as customers, distributors and
suppliers.

 

1.4                                 “Documentation”
means SAP’s documentation which is delivered to Licensee under this Agreement.

 

1.4                                 “Modification”
means a change to the Software that changes the delivered source code, or an
enhancement to the Software that is made using SAP tools or utilizing or
incorporating SAP Proprietary Information.

 

1.5                                 “Named
Users” means any combination of users licensed under this Agreement.

 

1.6                                 “Proprietary
Information” means:  (i) with
respect to SAP and SAP AG (the licensor of the SAP Proprietary Information to
SAP), the Software and Documentation, any other third-party software licensed
with or as part of the Software, benchmark results, manuals, program listings,
data structures, flow charts, logic diagrams, functional specifications; (ii) the
concepts, techniques, ideas, and know-how embodied and expressed in the
Software and (iii) information reasonably identifiable as the confidential
and proprietary information of Provider or SAP or Licensee or their licensors
excluding any part of the Provider or SAP or Licensee Proprietary Information
which:  (a) is or becomes publicly
available through no act or failure of the other party; or (b) was or is
rightfully acquired by the other party from a source other than the disclosing
party prior to receipt from the disclosing party; or (c) becomes
independently available to the other party as a matter of right.

 

1.7                                 “Software”
means (i) all software specified in agreed upon Appendices hereto,
developed by or for SAP and/or SAP AG and delivered to Licensee hereunder; (ii) any
new releases thereof made generally available pursuant to Maintenance; and (iii) any
complete or partial copies of any of the foregoing.

 

1.8                                 “Territory”
means the United States of America.

 

1.9                                 “Use”
means to activate the processing capabilities of the Software, load, execute,
access, employ the Software, or display information resulting from such
capabilities.

 

2.                                       LICENSE GRANT.

2.1                                 Licence.

(a)                                  Provider
grants, a non-exclusive, perpetual (unless terminated in accordance with Section 5
herein) license to Use the Software, Documentation, other Provider or SAP
Proprietary Information, at specified site(s) within the Territory to run
Licensee’s internal business operations and to provide internal training and
testing for such internal business operations and as further set forth in
Appendices hereto.  This license does not
permit Licensee to use the Provider or SAP Proprietary Information to provide
services to third parties (e.g., business process outsourcing, service bureau
applications or third party training). Business Partners may have screen access
to the Software solely in conjunction with Licensee’s Use and may not Use the
Software to run any of its business operations.

 

(b)                                 Licensee
agrees to install the Software only on hardware identified by Licensee pursuant
to this Agreement that has been previously approved by Provider in writing or
otherwise officially made known to the public as appropriate for Use or
interoperation with the Software (the “Designated Unit”).  Any individuals that Use the Software
including employees or agents of Subsidiaries and Business Partners, must be
licensed as Named Users. The Software and Designated Unit must remain in the
Territory; however, Named Users licensed under Appendices hereto may be located
outside the Territory.   Use may occur by way of an interface delivered
with or as a part of the Software, a Licensee or third-party interface, or
another intermediary system.

 

2.2                                 Subsidiary
Use.  Subsidiaries may Use the
Software provided that:  (i) the
Subsidiary agrees to be bound by the terms herein in the form of Exhibit A
attached hereto; (ii) a breach of such Exhibit by Subsidiary shall be
considered a breach by Licensee hereunder; and (iii) in no event should a
Subsidiary have access to Source Code.

 

3.                                       Verification.  Provider or SAP shall be permitted to audit
(at least once annually and in accordance with Provider or SAP standard
procedures) the usage of the SAP Proprietary Information.  In the event an audit reveals that Licensee
underpaid License and/or Maintenance Fees to Provider, Licensee shall pay such
underpaid fees based on Provider’s list of prices and conditions in effect at
the time of the audit.

 

 

SAP CONFIDENTIAL & SUBJECT TO
NON-DISCLOSURE

 

 

4.                                       PRICE
AND PAYMENT.

4.1                                 License
Fees.  Licensee shall pay to Provider
license fees for the Software and maintenance fees on the terms in Appendices
hereto.  Any fees not paid when due shall
accrue interest at the rate of 18% per annum, but not to exceed the maximum
amount as allowed by law.

 

4.2                                 Taxes.  Fees and other charges described in this
Agreement, or in Provider’s most recent list of prices and conditions, do not
include federal, state or local sales, foreign withholding, use, property,
excise, service, or similar taxes (“Tax(es)”) now or hereafter levied, all of
which shall be for Licensee’s account. 
With respect to state/local sales tax, direct pay permits or a valid
tax-exempt certificates must be provided to Provider prior to the execution of
this Agreement.  If Provider is required
to pay Taxes, Licensee shall reimburse Provider for such amounts.  Licensee hereby agrees to indemnify Provider
for any Taxes and related costs, interest and penalties paid or payable by Provider.

 

5.                                       TERM.

5.1.                              Term.  This Agreement and the license granted
hereunder shall become effective as of the date first set forth above and shall
continue in effect thereafter unless terminated upon the earliest to occur of
the following:  (i) thirty days
after Licensee gives Provider written notice of Licensee’s desire to terminate
this Agreement, for any reason, but only after payment of all License and
Maintenance Fees then due and owing; (ii) thirty days after Provider or
SAP gives Licensee notice of Licensee’s material breach of any provision of the
Agreement (other than Licensee’s breach of its obligations under Sections 6 or
10, which breach shall result in immediate termination), including more than
thirty days delinquency in Licensee’s payment of any money due hereunder,
unless Licensee has cured such breach during such thirty day period; (iii) immediately
if Licensee files for bankruptcy, becomes insolvent, or makes an assignment for
the benefit of creditors; and (iv) immediately if Provider and SAP files
for bankruptcy or becomes insolvent but only after payment of all License and
Maintenance Fees then due and owing..

 

5.2                                 End
of Terms Duties.  Upon any
termination hereunder, Licensee and its Subsidiaries shall immediately cease
Use of all Provider and SAP Proprietary Information.  Within thirty (30) days after any
termination, Licensee shall deliver to Provider or destroy all copies of the Provider
and SAP Proprietary Information in every form. 
Licensee agrees to certify in writing to Provider or SAP that it and
each of its Subsidiaries has performed the foregoing.  Sections 3, 4, 6, 7.2, 8, 9, 11.4, 11.5 and
11.6 shall survive such termination. In the event of any termination hereunder,
Licensee shall not be entitled to any refund of any payments made by Licensee.

 

6.                                       PROPRIETARY
RIGHTS.

6.1                                 Protection
of Proprietary Information.  Licensee
shall not copy, translate, disassemble, or decompile, nor create or attempt to
create, by reverse engineering or otherwise, the source code from the object
code of the Software.  Except for the
rights set forth below, Licensee is not permitted to make derivative works of
the Software and ownership of any unauthorized derivative works shall vest in
SAP.  Provider and Licensee agree to take
all reasonable steps and the same protective precautions to protect the
Proprietary Information from disclosure to third parties as with its own
proprietary and confidential information. 
Neither party shall, without the other party’s prior written consent,
disclose, any of the Proprietary Information of the other party to any person,
except to its bona fide individuals whose access is necessary to enable such
party to exercise its rights hereunder. 
Each party agrees that prior to disclosing any Proprietary Information
of the other party to any third party, it will obtain from that third party a
written acknowledgment that such third party will be bound by the same terms as
specified in this Section 6 with respect to the Proprietary Information.

 

6.2                                 Modifications.

Licensee
may make Modifications to the Software, and shall be permitted to use
Modifications with the Software in accordance with this Agreement.  Licensee shall comply with SAP’s registration
procedure prior to making changes to the source code.  All Modifications and all rights associated therewith
shall be the exclusive property of SAP and SAP AG.  Licensee agrees to execute those documents
reasonably necessary to secure SAP’s rights in the foregoing.  SAP retains the right to independently
develop enhancements to the Software and Licensee agrees not to take any action
that would limit SAP’s sale, assignment, licensing or use of its own Software
or Modifications or enhancements thereto.

 

7.                                       PERFORMANCE
WARRANTY.

7.1                                 Warranty.  Provider warrants that the Software will
substantially conform to the functional specifications contained in the
Documentation for ninemonths following delivery.  The warranty shall not apply:  (i) if the Software is not used in
accordance with the Documentation; or (ii)  if the defect is caused by Licensee,
a Modification, third-party software, or third party database.  Provider does not warrant that the Software
will operate uninterrupted or that it will be free from minor defects or errors
that do not materially affect such performance, or that the applications contained
in the Software are designed to meet all of Licensee’s business requirements.

 

7.2                                 Express
Disclaimer.  PROVIDER, SAP AND ITS
LICENSORS DISCLAIM ALL OTHER WARRANTIES EXPRESS OR IMPLIED, INCLUDING WITHOUT
LIMITATION, ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A
PARTICULAR PURPOSE EXCEPT TO THE EXTENT THAT ANY WARRANTIES IMPLIED BY LAW
CANNOT BE VALIDLY WAIVED.

 

8.                                       INDEMNIFICATION.

8.1                                 Indemnification
of Licensee.  Provider shall
indemnify Licensee against all claims, liabilities, and costs, including
reasonable attorneys’ fees, reasonably incurred in the defense of any claim
brought against Licensee by third parties alleging that Licensee’s Use of the
Software and Documentation infringes or misappropriates any United States
patent of which Provider is aware; a copyright; or trade secret rights, provided
that: such indemnity shall not apply if the alleged infringement results from
Use of the Software in conjunction with any
other software, an apparatus other than a Designated Unit, or unlicensed
activities and so long as Licensee promptly notifies Provider and SAP in
writing of any such claim and Provider and SAP is permitted to control fully
the defense and any settlement of such claim as long as such settlement shall
not include a financial obligation on Licensee. 
Licensee shall cooperate fully in the defense of such claim and may
appear, on its own behalf and at its own expense,,through counsel reasonably
acceptable to Provider or SAP.  Provider
and SAP may settle any claim on a basis requiring Provider or SAP to substitute
for the Software and Documentation alternative substantially equivalent
non-infringing programs and supporting documentation.   Licensee shall not undertake any action in
response to any infringement or alleged infringement of the Software and
Documentation.

 

8.6                                 THE
PROVISIONS OF THIS SECTION 8 STATE THE SOLE, EXCLUSIVE, AND ENTIRE
LIABILITY OF PROVIDER, SAP AND ITS LICENSORS TO LICENSEE, AND IS LICENSEE’S
SOLE REMEDY WITH RESPECT TO THE INFRINGEMENT OF THIRD-PARTY INTELLECTUAL
PROPERTY RIGHTS.

 

2

 

9.                                       LIMITATIONS
OF LIABILITY.

9.1                                 Licensee’s
Remedies. Licensee’s sole and exclusive remedies for any damages or loss in
any way connected with the Software or Services furnished by Provider and its
licensors, whether due to Provider’s negligence or breach of any other duty,
shall be, at Provider’s option:  (i) to
bring the performance of the Software into substantial compliance with the
functional specifications;  (ii) re-performance
of Services; or (iii) return of an appropriate portion of any payment made
by Licensee with respect to the applicable portion of the Software or Services.

 

9.2                                 Not
Responsible.  Provider will not be
responsible under this Agreement if the Software is not used in accordance with
the Documentation; or (ii) if the defect is caused by Licensee, a
Modification, third-party software, or third party database.  Provider does not warrant that the Software
will operate uninterrupted or that it will be free from minor defects or errors
that do not materially affect such performance. 
PROVIDER, SAP AND ITS LICENSORS SHALL NOT BE LIABLE FOR ANY CLAIMS OR
DAMAGES ARISING FROM INHERENTLY DANGEROUS USE OF THE SOFTWARE AND/OR
THIRD-PARTY SOFTWARE LICENSED HEREUNDER.

 

9.3                                 Limitation
of Liability.  ANYTHING TO THE
CONTRARY HEREIN NOTWITHSTANDING, EXCEPT FOR DAMAGES RESULTING FROM UNAUTHORIZED
USE OR DISCLOSURE OF PROPRIETARY INFORMATION, UNDER NO CIRCUMSTANCES SHALL PROVIDER,
SAP, ITS LICENSORS OR LICENSEE BE LIABLE TO EACH OTHER OR ANY OTHER PERSON OR
ENTITY FOR AN AMOUNT OF DAMAGES IN EXCESS OF THE PAID LICENSE FEES OR BE LIABLE
IN ANY AMOUNT FOR SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR INDIRECT DAMAGES, LOSS
OF GOOD WILL OR BUSINESS PROFITS, WORK STOPPAGE, DATA LOSS, COMPUTER FAILURE OR
MALFUNCTION, OR EXEMPLARY OR PUNITIVE DAMAGES.

 

9.4                                 Severability
of Actions.  IT IS EXPRESSLY
UNDERSTOOD AND AGREED THAT EACH AND EVERY PROVISION OF THIS AGREEMENT WHICH
PROVIDES FOR A LIMITATION OF LIABILITY, DISCLAIMER OF WARRANTIES, OR EXCLUSION
OF DAMAGES IS INTENDED BY THE PARTIES TO BE SEVERABLE AND INDEPENDENT OF ANY
OTHER PROVISION AND TO BE ENFORCED AS SUCH.

 

10.                                 ASSIGNMENT.  Licensee may not, without Provider’s and SAP’s
prior written consent, which will not be unreasonably withheld. assign,
delegate, pledge, or otherwise transfer this Agreement, or any of its rights or
obligations under this Agreement, or the SAP Proprietary Information, to any
party, whether voluntarily or by operation of law, including by way of sale of
assets, merger or consolidation.    Provider
may assign this Agreement to SAP or SAP AG.

 

11.                                 GENERAL
PROVISIONS.

11.1                           Severability.  It is the intent of the parties that in case
any one or more of the provisions contained in this Agreement shall be held to
be invalid or unenforceable in any respect, such invalidity or unenforceability
shall not affect the other provisions of this Agreement, and this Agreement
shall be construed as if such invalid or unenforceable provision had never been
contained herein.

 

11.2                           No
Waiver.  If either party should waive
any breach of any provision of this Agreement, it shall not thereby be deemed
to have waived any preceding or succeeding breach of the same or any other
provision hereof.

 

11.3                           Counterparts.  This Agreement may be signed in two
counterparts, each of which shall be deemed an original and which shall
together constitute one Agreement.

 

11.4                           Export
Control Notice.  The Software,
Documentation and Proprietary Information are being released or transferred to
Licensee in the United States and are therefore subject to the U.S. export
control laws.  Licensee acknowledges its
obligation to ensure that its exports from the United States are in compliance
with the U.S. export control laws. 
Licensee shall also be responsible for complying with all applicable
governmental regulations of any foreign countries with respect to the use of
the Proprietary Information by its Subsidiaries outside of the United
States.  Licensee agrees that it will not
submit the Software to any government agency for licensing consideration or
other regulatory approval without the prior written consent of Provider and SAP.

 

11.5                           Confidential
Terms and Conditions.  Licensee shall
not disclose the terms and conditions of this Agreement or the pricing
contained therein to any third-party, except as required by law and then such
disclosure shall only be to the extent to fulfill the terms as defined and
required bv such law.  Neither party
shall use the name of the other party in publicity, advertising, or similar activity,
without the prior written consent of the other, except that Licensee agrees
that Provider may use Licensee’s name in customer listings or as part of Provider’s
marketing efforts.

 

11.6                           Governing
Law.  This Agreement shall be
governed by and construed under the State of Delaware law without reference to
its conflicts of law principles.  In the
event of any conflicts between foreign law, rules, and regulations, and United
States of America law, rules, and regulations, United States of America law,
rules, and regulations shall prevail and govern.  The United Nations Convention on Contracts
for the International Sale of Goods shall not apply to this agreement.  The Uniform Computer Information Transactions
Act as enacted shall not apply.

 

11.7                           Notices.  All notices or reports which are required or
may be given pursuant to this Agreement shall be in writing and shall be deemed
duly given when delivered to the respective executive offices of Provider and
Licensee at the addresses first set forth above.

 

11.8                           Force
Majeure.  Any delay or nonperformance
of any provision of this Agreement (other than for the payment of amounts due
hereunder) caused by conditions beyond the reasonable control of the performing
party shall not constitute a breach of this Agreement, and the time for
performance of such provision, if any, shall be deemed to be extended for a
period equal to the duration of the conditions preventing performance.

 

11.9                           Entire
Agreement.  This Agreement and each Exhibit,
Schedule and Appendix hereto constitute the complete and exclusive
statement of the agreement between Provider and Licensee, and all previous
representations, discussions, and writings are merged in, and superseded by,
this Agreement.  This Agreement may be
modified only by a writing signed by both parties.  This Agreement and each Appendix hereto shall
prevail over any additional, conflicting, or inconsistent terms and conditions
which may appear on any purchase order or other document furnished by Licensee
to Provider.

 

3

 

IN WITNESS WHEREOF, the undersigned,
intending to be legally bound, have duly executed this Agreement to become
effective as of the date first above written.

 

	
  ANSWERTHINK,
  INC. (Provider)

  	
  ABIOMED,
  INC. (Licensee)

  
	
   

  	
   

  
	
  By:

  	
  /s/ Arthur
  Colombo

  	
   

  	
  By:

  	
  /s/ Javier
  Jimenez

  	
   

  
	
  Title:

  	
  Vice President -
  Sales

  	
   

  	
  Title:

  	
  Vice President -
  Operations

  	
   

  
	
  Date:

  	
  November 30,
  2005

  	
   

  	
  Date:

  	
  November 28,
  2005

  	
   

  
										

 

4

 

EXHIBIT A

to

 

SOFTWARE LICENSE AGREEMENT effective                    ,
200    (“Agreement”)

with

                                          
(“Licensee”)

 

SUBSIDIARY USE AGREEMENT

 

This Subsidiary Use Agreement is made
effective as of the           day
of                                    ,
200     between                                  ,
a                                  Corporation,
with offices at                                                                                           (“Provider”)
and                                                                                                                                
a                                                  
corporation, with offices at                                                                                                                                                                               
(“Subsidiary”).

 

1.                           Subsidiary
is entitled to have Named Users Use the Software on the Designated Unit(s)
identified in the Software End-User License Agreement between Provider and
Licensee (“Agreement”).

 

2.                           Subsidiary
agrees to be abide by and be bound by all of the terms and conditions of the
Agreement applicable to Subsidiary and applicable to Licensee.  Provider may directly enforce all such terms
and conditions against it directly.

 

3.                           Subsidiary
agrees that it’s right to Use SAP Software and receive Maintenance services
shall be governed solely by the Agreement. 
In the event that the Agreement is terminated, this Subsidiary Use
Agreement is terminated or if Subsidiary ceases to meet the definition of “Subsidiary”
therein, Subsidiary agrees that all of its rights to the Software will cease
effective as of the termination date.

 

IN WITNESS WHEREOF, the
undersigned, intending to be legally bound, have duly executed this Subsidiary
Use Agreement.

 

	
   

  	
   

  	
   

  	
   

  
	
  (Provider)

  	
   

  	
  (Subsidiary)

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  	
  Title:

  	
   

  	
   

  
	
  Date:

  	
   

  	
   

  	
  Date:

  	
   

  	
   

  
							

 

5

 

MAINTENANCE SCHEDULE (“Schedule”)

to

SOFTWARE LICENSE AGREEMENT effective November 18,
2005 (“Agreement”)

with

ABIOMED, INC. (“Licensee”)

 

This
Schedule is hereby annexed to and made a part of the Agreement specified
above.  In each instance in which
provisions of this Schedule contradict or are inconsistent with the
provisions of the Agreement, the provisions of this Schedule shall prevail
and govern, and the contradicted or inconsistent provisions of the Agreement
shall be deemed amended accordingly.

 

1.                           Licensee
may request and Provider shall provide, to such degree as Provider makes such
services generally available in the Territory, maintenance service (“Maintenance”).  Maintenance currently includes the delivery
of new releases of the Software and Software correction packages, support via
telephone, remote support/update, Early Watch Alert, and SAP’s support
portal.  In order to receive Maintenance,
Licensee must make all required remote support and update connections to each
Designated Unit as requested by Provider.

 

2.                           mySAP
Services:  Maintenance currently includes
a choice of one of the following services per live installation per year:

 

A.     One
GoingLive Check for any new Software or other SAP application implementation;

 

B.       One
GoingLive Upgrade Check for an upgrade to a higher functional release (e.g.
from R/3 4.0 to 4.6); or

 

C.        One
GoingLive OS/DB Migration Check.  This
OS/DB Migration Check assists the Licensee in preparing for a migration of an
operating system or database.  Migration
is the responsibility of the Licensee.

 

In
addition to these options, Maintenance currently includes up to two EarlyWatch
Sessions per live SAP installation for the continual optimization of Licensee’s
already live system.

 

To schedule GoingLive
Check, GoingLive OS/DB Migration Check, or EarlyWatch Sessions, Licensee must
contact Americas Customer Support Services at 800-677-7271 or internationally
at 610-355-6821 and choose option 6 to schedule these services.  To assist Licensee in this, Provider and SAP
has established the following scheduling pre-requisites:

 

A.  The Licensee must provide remote access to
its productive system.

 

B.       To
receive the GoingLive Check or GoingLive Upgrade Check Licensee must inform SAP
at least three months prior to your go live or upgrade date.

 

C.  To receive the EarlyWatch Sessions, SAP
requests a minimum of three months advanced notification.  In addition, Licensee must send the
EarlyWatch Alert data to SAP on at least a monthly basis and cooperate with SAP
in reviewing the data and determining the proper deployment of the EarlyWatch
Sessions based on the EarlyWatch Alert data.

 

D.  To receive the GoingLive OS/DB Migration
Check, Licensee must comply with all of the then current pre-Check
requirements.  These requirements
currently include hiring a certified OS/DB migration consultant, proper
testing, installation of tools, and advance scheduling.  Contact your local SAP Customer Support
Representative for more information.

 

Further information and
detail about individual SAP services can be found on SAPNet site
(http://www.sap.com/service/index.htm).

 

FAILURE TO UTILIZE THE MAINTENANCE SERVICES PROVIDED BY PROVIDER
OR SAP MAY PREVENT PROVIDER OR SAP FROM BEING ABLE TO IDENTIFY AND ASSIST
IN THE CORRECTION OF POTENTIAL PROBLEMS WHICH, IN TURN, COULD RESULT IN
UNSATISFACTORY SOFTWARE PERFORMANCE.

 

3.                           Licensee
agrees to promptly disclose to Provider or SAP keep and maintain adequate and
current records of all Modifications and, if needed to provide Maintenance
Services, provide such records to Provider or SAP.

 

4.                           Maintenance,
from Provider, for the Software licensed hereunder is limited to the following
site(s): 22 CHERRY HILL DRIVE, DANVERS, MA 01923 

 

5.                           Licensee
agrees to establish and maintain Customer Competency Center(s) (“CCC”) at the
site(s) specified above within twelve months of the Effective Date of this
Schedule.  Each CCC must maintain an
internal Help Desk to provide first level support to Licensee’s Users.   Such internal Help Dek(s) must be staffed
with consultants trained in the SAP support and administration support.  All Named Users may have access to SAP’s
support portal however, only Licensee CCC employees are authorized to contact Provider
after attempting to resolve the matter. 
Each CCC shall coordinate Licensee’s Modification notification and
disclosure requirements and shall coordinate Licensee’s development
requests.  Licensee’s CCC is responsible
for the administration and management of the requirements specified in the
Agreement including, but not limited to, performing periodic self audits to
ensure Licensee’s compliance with the license grant, maintaining master and
installation data and managing the release order process.  In the event Licensee does not establish and
maintain CCC(s) in accordance with the above, Provider shall provide written
notice to Licensee of such deficiencies. 
In the event Licensee fails to correct said deficiencies within sixty
(60) days after such written notice, Provider reserves the right to increase,
upon written notice, Licensee’s then current maintenance percentage factor then
in effect.

 

6.                           Maintenance
Fees shall be paid annually in advance and shall be specified in Appendices to
the Agreement.  In addition, Licensee
shall be invoiced an annual fee of USD 500 for one designated SAP compliant
remote connections. Maintenance Services offered by Provider may be changed
annually by Provider at any time upon three months prior written notice.  After Year 1, the Maintenance Fees and any
limitations on increases are subject to Licensee’s compliance with the CCC
requirements specified above. 
Maintenance may be terminated by either party in writing at any time
upon three months’ prior written notice and Licensee shall be entitled to a
pro-rata refund of prepaid Maintenance Fees. 
Notwithstanding the forgoing, Provider may terminate Maintenance after
thirty (30) days written notice of Licensees failure to pay Maintenance Fees.

 

7.                           In
the event Licensee elects not to commence Maintenance upon the first day of the
month following initial delivery of the Software, or Maintenance is otherwise
declined for some period of time, and is subsequently requested or reinstated,
Provider or SAP will invoice Licensee the accrued Maintenance Fees associated
with such time period plus a reinstatement fee.

 

 

Appendix 1

effective
November 18, 2005   (“Appendix”)

to

SOFTWARE LICENSE AGREEMENT effective
November 18, 2005   (“Agreement”)

with

ABIOMED, INC. (“Licensee”)

 

This Appendix is hereby annexed to and made a part of the Agreement
specified above.  In each instance in
which provisions of this Appendix contradict or are inconsistent with the provisions
of the Agreement, the provisions of this Appendix shall prevail and govern.

 

1.                          NAMED
USER DEFINITIONS:

 

1.1                     “Professional
User” is a Named User who performs operational related roles and Employee
User roles supported by the Software.

 

1.2                     “Limited
Professional User” is a Named User who is an employee performing limited
operational roles supported by the Software limited to the following functions;
(i) preparing and maintaining sales forecasts; (ii) inquiries; (iii) report
generation.

 

1.3                     “Employee
User” is a Named User who performs only employee self-service related roles
supported by the Software.  Each Employee
User may access the Software solely for such individual’s own purposes.

 

1.4                     “Developer
User” is a Named User who performs Employee User roles and uses development
and administration tools provided with the Software for the purpose of
modifying, deploying and managing SAP or third party applications or for the
purpose of creating, modifying, deploying and managing custom developed applications.

 

2.                          LICENSED
SOFTWARE:  The Software licensed
to Licensee pursuant to this Appendix consists of the components identified
below and specified as being licensed (“Software”).  Only Named Users licensed hereunder are
permitted to Use the Software (including Software Engine/Functionality) in
accordance with their respective Named User type and in accordance with
identified licensed Level. At Provider’s
request, Licensee shall deliver to Provider a report, as defined by SAP,
evidencing Licensee’s usage of the Software.

 

2.1                   mySAP
Business Suite:  

 

	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Number
  of Users Licensed:

  	
   

  
	
  “X” if 

  Licensed

  	
   

  	
   

  	
   

  	
  Professional

  	
   

  	
  Limited

  Professional

  	
   

  	
  Employee

  	
   

  	
  Developer(1)

  	
   

  
	
  X

  	
   

  	
  mySAP Business Suite

  * powered by SAP NetWeaver

  	
   

  	
  50

  	
   

  	
  50

  	
   

  	
  200

  	
   

  	
  1

  	
   

  

 

(1) Licensee agrees to
maintain at least one Developer User per installation

 

*
powered by SAP NetWeaver is an SAP Application Specific Runtime License that is
included with the mySAP Business Suite for the sole and exclusive purpose of
interoperation with mySAP Business Suite Software through the limited use of
some or all of the following components: Enterprise Portal (EP), Business
Intelligence (BI), Knowledge Management (KM), Mobile Infrastructure (MI), Web
Application Server (Web AS).

 

For the mySAP
Users licensed under this Software Agreement: This
information below will be used solely for SAP internal statistical
purposes.  Under no circumstances will
the estimates in this form affect the customer’s user rights or any other
rights that have been agreed in the signed Agreement and Appendix. Thank you
for your cooperation.

 

	
   

  	
   

  	
  Estimated
  Number of Users

  	
   

  
	
   

  	
   

  	
  Professional

  	
   

  	
  Limited

  Professional

  	
   

  	
  Employee

  	
   

  
	
  mySAP Business Suite

  	
   

  	
  X

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  mySAP Customer
  Relationship Management (mySAP CRM)

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  N/A

  	
   

  
	
  mySAP ERP,
  Financials

  	
   

  	
  20

  	
   

  	
   

  	
   

  	
  200

  	
   

  
	
  mySAP ERP, Human
  Resources

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  mySAP Supplier
  Relationship Management (mySAP SRM)

  	
   

  	
  10

  	
   

  	
  10

  	
   

  	
   

  	
   

  
	
  mySAP Supply
  Chain Management (mySAP SCM)

  	
   

  	
  10

  	
   

  	
  30

  	
   

  	
  N/A

  	
   

  
	
  mySAP Product
  Lifecycle Management (mySAP PLM)

  	
   

  	
  20

  	
   

  	
  20

  	
   

  	
  N/A

  	
   

  

 

 

2.2                   Cross
Industry Software Engines/Functionality: Certain Software
Engines/Functionality below utilize limited functionality of mySAP Individual
Solutions and/or other SAP Software. Unless Licensee has expressly licensed
(under this or a separate Appendix) the mySAP Individual Solutions and/or other
SAP Software utilized by such Software Engines/Functionality, Licensee’s Use of
such mySAP Individual Solutions and/or other SAP Software is limited to access
by and through the Software Engines/Functionality for the sole purpose of
enabling performance of the Software Engines/Functionality.  No other Use rights in such mySAP Individual
Solutions and/or other SAP Software is granted by or through the licensing of
the Software Engines/Functionality below.

 

	
  “X” if 

  Licensed

  	
   

  	
  Applicable

  mySAP Solution

  	
   

  	
  Software
  Engine/Functionality

  	
   

  	
  License
  Metric

  	
   

  	
  Licensed
  

  Level

  
	
  0

  	
   

  	
  mySAP CRM

  	
   

  	
  Sales/Service Order Processing

  	
   

  	
  Sales/Service Orders Per Year (i)

  	
   

  	
  0

  
	
  0

  	
   

  	
   

  	
   

  	
  Trade Promotion Management (ii)

  	
   

  	
  Per Annual Corporate Revenue

  	
   

  	
  0

  
	
  0

  	
   

  	
  mySAP ERP

  	
   

  	
  Payroll Processing (iii)

  	
   

  	
  Master Records

  	
   

  	
  0

  
	
  0

  	
   

  	
   

  	
   

  	
  e-Recruiting

  	
   

  	
  Number of Employees within Licensee (licensed in
  blocks of 500)

  	
   

  	
  0

  
	
  0

  	
   

  	
  mySAP SCM

  	
   

  	
  Advanced Planning & Scheduling For Mission
  Critical Projects with Safeguarding (iv)

  	
   

  	
  Annual Revenue Level

  	
   

  	
  0

  
	
  0

  	
   

  	
   

  	
   

  	
  Transportation Optimization

  	
   

  	
  Freight Costs

  	
   

  	
  0

  
	
  0

  	
   

  	
   

  	
   

  	
  Service Parts Management

  	
   

  	
  On Request

  	
   

  	
  0

  
	
  0

  	
   

  	
   

  	
   

  	
  Extended Warehouse Management

  	
   

  	
  Individual Warehouses

  	
   

  	
  0

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Delivery Line Items

  	
   

  	
  0

  
	
  0

  	
   

  	
   

  	
   

  	
  Inventory Collaboration Hub (v)

  	
   

  	
  Number of Customer Locations

  	
   

  	
  0

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Number of Supplier Locations

  	
   

  	
  0

  
	
  0

  	
   

  	
  mySAP SRM

  	
   

  	
  Requisite Engine

  	
   

  	
  The Requisite Catalog Engine can only be Used with
  the mySAP SRM Software licensed hereunder

  	
   

  	
  0

  
	
  0

  	
   

  	
   

  	
   

  	
  Strategic Sourcing

  	
   

  	
  Annual Spend Volume

  	
   

  	
  0

  
	
  0

  	
   

  	
   

  	
   

  	
  Supplier Enablement

  	
   

  	
  Number of Trading Partners (vi)

  	
   

  	
  0

  
	
  0

  	
   

  	
  mySAP Financials

  	
   

  	
  Financial Supply Chain Mgmt. (FSCM)

  	
   

  	
  FSCM Units Per Year (vii)

  	
   

  	
  0

  
	
  0

  	
   

  	
   

  	
   

  	
  Incentive and Commission Mgmt.

  	
   

  	
  Commission Contract Partners

  	
   

  	
  0

  
	
  0

  	
   

  	
   

  	
   

  	
  Treasury and Risk Mgmt

  	
   

  	
  Number of Users

  	
   

  	
  0

  
	
  0

  	
   

  	
   

  	
   

  	
  In-House Cash

  	
   

  	
  Number of Affiliates

  	
   

  	
  0

  

 

2.3                   Industry Specific Software Engines/Functionality/Users: 
Only licensed Named Users can access Cross Industry Software Engines or
Functionality.   NONE

 

2.4                   SUPPLEMENTARY
PRODUCTS:   NONE

 

2.5                   DATABASE
(Select One):

 

Database:    MSQ

 

2.6                   COUNTRY/LANGUAGE
VERSIONS LICENSED:  Applicable
country/language specific versions licensed by Licensee from Provider hereunder
are as follows:  German

 

Provider licenses the
Software for Use in countries for which there is currently no language or
country specific functionality.  Certain
country/language specific functionality must be licensed directly from an SAP
distributor located in that country as identified in Provider’s current List of
Prices and Conditions.

 

2.7                   BUSINESS
CONNECTOR:  The mySAP Software
licensed under item 2.1 above includes the right to Use the SAP Business
Connector subject to the following conditions:

 

(a)          Use
of the Business Connector is only permitted for connecting to SAP Software
components and is not permitted for communications between one or more systems
not operating the Software.  If Licensee
desires to Use the Business Connector for such form of communication, Licensee
must obtain a separate license from a third party.

 

2

 

(b)         The
standard version of the Business Connector may be downloaded by Licensee from
SAP Service Marketplace.

 

(c)          Secure
Version:  x (“x” if licensed)

 

In the event Licensee
has licensed the secure version of the Business Connector, Licensee
acknowledges: (1) the product contains 128 byte encryption; (2) Licensee will
Use the Business Connector solely for commercial purposes; (3) Licensee will
not permit Use of the Business Connector by any governmental or
quasi-governmental agency foreign to the United States; (4) neither Licensee or
any of Licensee’s individual end-users have been denied export privileges by
the United States; (5) the Business Connector will be used exclusively by the
Licensee represented by the SAP Customer ID entered on the SAP website to
obtain the software; (6) Licensee acknowledges that the Business Connector is
subject to United States Export Administration Regulations and agrees not to
further export the Business Connector from Licensee’s location.  Licensee can obtain the secure version of the
Business Connector by contacting Licensee’s SAP contract administrator.

 

2.8                   SAP APPLICATION
SPECIFIC RUNTIME LICENSE:  The mySAP Software licensed under item 2.1
above includes the right to Use the SAP Exchange Infrastructure (including the
SAP designated adapters that connect solely SAP applications) subject to the
following conditions: Use of the SAP Exchange Infrastructure is restricted to
Use with SAP Software Components licensed by Licensee under the Agreement and
the SAP Solution Manager solely as a runtime license. Use of the SAP Exchange
Infrastructure for the SAP Solution Manager is restricted solely to the extent
required under Provider’s then current Maintenance offering (provided Licensee
is receiving Maintenance from Provider). In the event Licensee Uses the SAP
Exchange Infrastructure to build and/or operate a custom developed or third
party application, a full use license is required.

 

3.                          LICENSE
FEE AND PAYMENT:  [Confidential
treatment requested by ABIOMED, Inc., 10.20-1]

 

4.                          INSTALLATION:  For Software to be installed on a specific
Licensee or Affiliate Designated Unit within the Territory, Licensee shall
provide Provider with written notice of the type/model and serial number and
location of each Designated Unit and the number of Users allocated to each such
Designated Unit prior to such installation. 
Such notice shall be in a form materially similar to Schedule 1 attached
hereto and is to be sent to the Provider at: Answerthink, Inc., Attention:  SAP Contract Manager, 225 Washington Street,
Conshohocken, PA 19428.

 

5.                          DELIVERY:  Delivery of the above-specified Software and
Documentation is estimated to take place in November 2005. Physical delivery will be free on board
shipping point to the Licensee at the following location:  Answerthink, Inc., 225 Washington Street,
Conshohocken, PA 19428.

 

Currently, software
shipped to the following states will be subject to sales taxation: Arizona,
Arkansas, California, Connecticut, District of Columbia, Georgia, Hawaii,
Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland,
Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada,
New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,
Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas,
Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and
Wyoming.  This listing is provided for
information only.  Licensee is
responsible for obtaining its own tax advice. 
This list is subject to change without notice.

 

6.                          MAINTENANCE
FEE AND PAYMENT:  Maintenance
service offered by Provider is set forth in the Maintenance Schedule to the
Agreement.  Maintenance at the site(s)
specified in the Maintenance Schedule to the Agreement shall commence as of the
first day of the month following initial delivery of the Software.

 

[Confidential treatment
requested by ABIOMED, Inc., 10.20-2]

 

 

Provider agrees, however,
increases in Maintenance Service fees per calendar year (if any) for the
Software licensed in item 2 of this Appendix, shall not be greater than the
increase in the Consumer Price Index (CPI) over the twelve month period prior
to such increase in maintenance fees, plus five (5%) percent year.  CPI, as used herein, means the US Consumer
Price Index for all Urban Consumer, US City Average – All Items 1982-1984 = 100
Base for the applicable twelve (12) month period as published by the Bureau of
Labor Statistics.

 

3

 

7.                          THIRD-PARTY
DATABASE:

 

7.1               Software
licensed hereunder currently requires a third-party database, which has been
licensed hereunder as a runtime version. 
Such runtime version shall be limited to Use by Licensee solely in
conjunction with Use of the Software licensed hereunder, and cannot be used to
run any third party software not licensed hereunder.

 

In the event Licensee
uses the licensed database other than as specified above, a full license,
including programming tools provided through such third-party supplier must be
licensed directly from a third party database supplier.

 

7.2               mySAP EP licensed hereunder requires a third party database product, currently
MS SQL Server or Oracle, which must be installed to Use mySAP EP.  In the event Licensee Uses the Unification for mySAP EP licensed hereunder,
Unification for mySAP EP requires a third party database product, currently MS SQL Server,
which must be installed to Use Unification for mySAP EP.

 

8.                          LICENSE
KEY:  Each copy of the Software
licensed hereunder requires a license keycode. 
For each installation of the Software, eight (8) keycodes shall be
provided.  The license keycodes will be
issued by SAP AG within four (4) weeks from the date of installation of the
Software on each Designated Unit.  The
required form to receive the license keycodes from SAP AG must be completed by
Licensee and faxed to SAP AG within the four (4) week period following
installation of the Software.  The
applicable form and fax number will be included in each installation kit
provided to Licensee upon delivery of the Software.  Licensees that subsequently change Designated
Units for Use of the licensed Software must be re-issued license keycodes for
each respective copy of the licensed Software. 
Failure of Licensee to obtain necessary license keycodes for the licensed
Software within four (4) weeks of installation of such Software, will cause the
Software to have limited User access until such time as the license keycodes
are issued.

 

9.                          PUBLICITY:  In consideration of the discount provided in
item 3 of this Appendix, Licensee agrees to provide telephone references for
prospective Provider customers.  Licensee
also agrees to provide press testimonials, releases and announcements at
Provider’s request

 

10.                   VALIDITY
OF OFFER:  The validity of this
Appendix will expire November 30, 2005, unless sooner executed by Licensee, or
extended in writing by Provider.

 

	
  Accepted by:

  	
  Accepted by:

  
	
   

  	
   

  
	
  ANSWERTHINK, INC.

  	
  ABIOMED, INC.

  
	
  (Provider)

  	
  (Licensee)

  
	
   

  	
   

  
	
  By:

  	
  /s/ Arthur Colombo

  	
   

  	
  By:

  	
  /s/ Javier Jimenez

  	
   

  
	
  Title:

  	
  Vice President - Sales

  	
   

  	
  Title:

  	
  Vice President - Operations

  	
   

  
	
  Date:

  	
  November 30, 2005

  	
   

  	
  Date:

  	
  November 28, 2005

  	
   

  
										

(Appendix       mySAP 04)

 

4

 

Schedule
1 to Appendix 1 effective November 18, 2005

 

Designated
Unit Information

 

1.                                       Name
of Licensee or Subsidiary where Designated Unit is located:   ABIOMED, INC.

 

2.                                       Designated
Unit(s) to be identified by Licensee to SAP in writing.

 

	
  Type/Model No.:

  	
   

  	
   

  
	
   

  	
   

  
	
  Serial No.:

  	
   

  	
   

  
	
   

  	
   

  
	
  Location of Designated Unit:

  	
  22 CHERRY HILL DRIVE, DANVERS, MA 01923

  
	
   

  	
   

  
	
  Telephone Number:

  	
  978 777 5410

  	
  777 8411 (fax)

  
	
   

  	
   

  
	
  Software Delivery Contact Person:

  	
  DAN LUBIN

  
				

3.

 

	
  Hardware Information

  	
   

  	
  Operating System

  	
   

  	
  Database*

  
	
  Manufacturer

  	
   

  	
  Model

  	
   

  	
  Manufacturer

  	
   

  	
  Release

  	
   

  	
  Manufacturer

  	
   

  	
  Release

  
	
   

  	
   

  	
   

  	
   

  	
  WINDOWS

  	
   

  	
   

  	
   

  	
  MSQ

  	
   

  	
   

  

 

* Note:  When Database is
licensed from the vendor directly, insert P.O. 
Number                        ,
Invoice Number                       and
Date                       

 

 

	
   

  	
   

  	
   

  	
   

  
	
  Name

  	
  Date

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Title

  	
   

  
	
   

  	
   

  
	
  ABIOMED, INC.

  	
   

  	
   

  
	
  (Licensee)

  	
   

  
						

 

5

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