Document:

2008 Stock Incentive Plan, as amended.

 Exhibit 10.1 
 ABIOMED, Inc. 
 2008 STOCK INCENTIVE PLAN

 SECTION 1. General Purpose of the Plan 
 The purpose of this ABIOMED, Inc. 2008 Stock Incentive Plan (the “Plan”) is to encourage and enable officers and employees of, and other persons providing services to, ABIOMED,
Inc. (the “Company”) and its Affiliates to acquire a proprietary interest in the Company. It is anticipated that providing such persons with a direct stake in the Company’s welfare will assure a closer identification of their
interests with those of the Company and its stockholders, thereby stimulating their efforts on the Company’s behalf and strengthening their desire to remain with the Company. 
 SECTION 2. Definitions 
 The following terms shall be defined as set forth
below: 
 “Affiliate” means a parent corporation, if any, and each subsidiary corporation of the Company, as those
terms are defined in Section 424 of the Code. 
 “Award” or “Awards”, except where referring to a
particular category of grant under the Plan, shall include Incentive Stock Options, Non-Statutory Stock Options, Restricted Stock Awards, Unrestricted Stock Awards, Performance Share Awards and Stock Appreciation Rights. Awards shall be evidenced by
a written agreement (which may be in electronic form and may be electronically acknowledged and accepted by the recipient) containing such terms and conditions not inconsistent with the provisions of this Plan as the Committee shall determine.

 “Board” means the Board of Directors of the Company. 
 “Cause” shall mean, with respect to any Award holder, a determination by the Company (including the Board) or any Affiliate that
the Holder’s employment or other relationship with the Company or any such Affiliate should be terminated as a result of (i) a material breach by the Award holder of any agreement to which the Award holder and the Company (or any such
Affiliate) are parties, (ii) any act (other than retirement) or omission to act by the Award holder that may have a material and adverse effect on the business of the Company, such Affiliate or any other Affiliate or on the Award holder’s
ability to perform services for the Company or any such Affiliate, including, without limitation, the commission of any crime (other than an ordinary traffic violation), or (iii) any material misconduct or material neglect of duties by the
Award holder in connection with the business or affairs of the Company or any such Affiliate. 
 “Change of Control”
shall have the meaning set forth in Section 16. 
 “Code” means the Internal Revenue Code of 1986, as amended,
and any successor Code, and related rules, regulations and interpretations. 
 “Committee” shall have the meaning set
forth in Section 3. 
 “Disability” means disability as set forth in Section 22(e)(3) of the Code.

 “Effective Date” means the date on which the Plan is approved by the Board of Directors as set forth in
Section 18. 

 “Eligible Person” shall have the meaning set forth in Section 5. 

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. 
 “Fair Market Value” on any given date means the closing price per share of the Stock on such date as reported by NASDAQ or such
other registered national securities exchange on which the Stock is listed; provided, that, if there is no trading on such date, Fair Market Value shall be deemed to be the closing price per share on the last preceding date on which the Stock was
traded. If the Stock is not listed on any registered national securities exchange, the Fair Market Value of the Stock shall be determined in good faith by the Committee. 
 “Incentive Stock Option” means any Stock Option designated and qualified as an “incentive stock option” as defined in Section 422 of the Code. 
 “Non-Employee Director” means any director who: (i) is not currently an officer of the Company or an Affiliate, or otherwise
currently employed by the Company or an Affiliate, (ii) does not receive compensation, either directly or indirectly, from the Company or an Affiliate, for services rendered as a consultant or in any capacity other than as a director, except
for an amount that does not exceed the dollar amount for which disclosure would be required pursuant to Rule 404(a) of Regulation S-K promulgated by the SEC, (iii) does not possess an interest in any other transaction for which disclosure would
be required pursuant to Rule 404(a) of Regulation S-K, (iv) is not engaged in a business relationship for which disclosure would be required pursuant to Rule 404(b) of Regulation S-K, and (v) is an “independent director” as
defined the marketplace rules of NASDAQ or such other registered national securities exchange on which the Stock is listed. 
 “Non-Statutory Stock Option” means any Stock Option that is not an Incentive Stock Option. 
 “Normal
Retirement” means retirement in good standing from active employment with the Company and its Affiliates in accordance with the retirement policies of the Company and its Affiliates then in effect. 
 “Option” or “Stock Option” means any option to purchase shares of Stock granted pursuant to Section 6. 

“Outside Director” means any director who (i) is not an employee of the Company or of any “affiliated group,” as
such term is defined in Section 1504(a) of the Code, which includes the Company (an “Affiliated Group Member”), (ii) is not a former employee of the Company or any Affiliated Group Member who is receiving compensation for prior
services (other than benefits under a tax-qualified retirement plan) during the Company’s or any Affiliated Group Member’s taxable year, (iii) has not been an officer of the Company or any Affiliated Group Member and (iv) does
not receive remuneration from the Company or any Affiliated Group Member, either directly or indirectly, in any capacity other than as a director. “Outside Director” shall be determined in accordance with Section 162(m) of the Code
and the Treasury regulations issued thereunder. 
 “Performance Share Award” means an Award pursuant to
Section 9. 
 “Restricted Stock Award” means an Award granted pursuant to Section 7. 
 “SEC” means the Securities and Exchange Commission or any successor authority. 
 “Stock” means the common stock, $0.01 par value per share, of the Company, subject to adjustments pursuant to Section 4.

 “Stock Appreciation Right” means an Award granted pursuant to Section 10. 
 “Unrestricted Stock Award” means Awards granted pursuant to Section 8. 

 SECTION 3. Administration of Plan; Committee Authority to Select Participants and Determine Awards. 

 (a) Committee. It is intended that the Plan shall be administered by the Compensation Committee of the Board (the
“Committee”), consisting of not less than two (2) persons each of whom qualifies as an Outside Director and a Non-Employee Director, but the authority and validity of any act taken or not taken by the Committee shall not be affected
if any person administering the Plan is not an Outside Director or a Non-Employee Director. Except as specifically reserved to the Board under the terms of the Plan, and subject to any limitations set forth in the charter of the Committee, the
Committee shall have full and final authority to operate, manage and administer the Plan on behalf of the Company. The Board may establish an additional single-member committee (consisting of an executive officer) that shall have the power and
authority to grant Awards to non-executive officers and to make all other determinations under the Plan with respect thereto. 
 (b) Powers of Committee. The Committee shall have the power and authority to grant and modify Awards consistent with the terms of the Plan, including the power and authority: 
 (i) to select the persons to whom Awards may from time to time be granted; 
 (ii) to determine the time or times of grant, and the extent, if any, of Incentive Stock Options, Non-Statutory Stock
Options, Restricted Stock, Unrestricted Stock, Performance Shares and Stock Appreciation Rights, or any combination of the foregoing, granted to any one or more participants; 
 (iii) to determine the number of shares to be covered by any Award; 
 (iv) to determine and modify the terms and conditions, including restrictions, not inconsistent with the terms of the Plan,
of any Award, which terms and conditions may differ among individual Awards and participants, and to approve the form of written instruments evidencing the Awards and to approve any agreements modifying the terms and conditions of any Awards;
provided, however, that no such action shall adversely affect rights under any outstanding Award without the participant’s consent; 
 (v) to accelerate the exercisability or vesting of all or any portion of any Award; 
 (vi) to extend the period in which any outstanding Stock Option or Stock Appreciation Right may be exercised; and 
 (vii) to adopt, alter and repeal such rules, guidelines and practices for administration of the Plan and for its own acts and
proceedings as it shall deem advisable; to interpret the terms and provisions of the Plan and any Award (including related written instruments); to make all determinations it deems advisable for the administration of the Plan; to decide all disputes
arising in connection with the Plan; and to otherwise supervise the administration of the Plan. 
 All decisions and
interpretations of the Committee shall be binding on all persons, including the Company and Plan participants. No member or former member of the Committee or the Board shall be liable for any action or determination made in good faith with respect
to this Plan. 
 SECTION 4. Shares Issuable under the Plan; Mergers; Substitution. 
 (a) Shares Issuable. The maximum number of shares of Stock which may be issued in respect of Awards (including Stock Appreciation
Rights) granted under the Plan, subject to adjustment upon changes in capitalization of the Company as provided in this Section 4, shall be 3,600,000 shares; provided, however, that as of the date the Plan is approved by stockholders of the
Company, such maximum number of shares issuable shall be increased by any shares of Stock available for future awards under the Company’s 2000 Stock Incentive Plan, 1998 Equity Incentive Plan or 1989 Non-Qualified Stock Option Plan for
Non-Employee Directors (collectively, the “Current Plans”) as of such date. For purposes of this limitation, the shares of Stock underlying any Awards which are forfeited, cancelled, reacquired by the Company or otherwise terminated (other
than by exercise), whether under the Plan or under the Current Plans, shall be added back to the shares of Stock with respect to which Awards may be granted under the Plan; provided, however, that shares of Stock used to pay the exercise

 
price of a Stock Option pursuant to Section 6(d)(i)(ii) or (iii), or to pay withholding taxes with respect to an Award pursuant to Section 12(b), (or shares of Stock used to pay the
exercise price of any award or to pay withholding taxes under corresponding provisions of any of the Current Plans), and shares of Stock subject to Stock Appreciation Rights (whether under the Plan or under any of the Current Plans) that are not
issued upon the exercise of such Stock Appreciation Right, shall not be added back to the shares of Stock with respect to which Awards may be granted; and provided further any increase in the number of shares as a result of forfeiture, cancellation
or reacquisition by the Company of shares pursuant to awards under the Current Plans shall not exceed 4,500,000 shares of Stock (subject to adjustment as provided in Section 4(c) below). Shares issued under the Plan may be authorized but
unissued shares or shares reacquired by the Company. Solely for the purpose of applying the limitation on the maximum number of shares issuable as set forth in this Section 4(a) (and not for purposes of Section 4(b) below), any shares of
Stock that are subject to Options or Stock Appreciation Rights shall be counted against this limit by one share of Stock for every one share of Stock subject to a grant, and any shares of Stock that are subject to Awards other than Options or Stock
Appreciation Rights shall be counted against this limit as 1.5 shares of Stock for every one share of Stock subject to a grant. As of the date the Plan is approved by stockholders of the Company, no additional awards shall be permitted to be granted
from the Current Plans and all unexpired awards granted from the Current Plans shall continue in full force and operation except as they may be exercised, be terminated or lapse, by their own terms and conditions. 
 (b) Limitation on Awards. In no event may any Plan participant be granted Awards (including Stock Appreciation Rights) with respect
to more than 300,000 shares of Stock in any calendar year. The number of shares of Stock relating to an Award granted to a Plan participant in a calendar year that is subsequently forfeited, cancelled or otherwise terminated shall continue to count
toward the foregoing limitation in such calendar year. In addition, if the exercise price of an Award is subsequently reduced, the transaction shall be deemed a cancellation of the original Award and the grant of a new one so that both transactions
shall count toward the maximum shares issuable in the calendar year of each respective transaction. 
 (c) Stock Dividends,
Mergers, etc. In the event that after the effective date of the Plan, the Company effects a stock dividend, stock split or similar change in capitalization affecting the Stock, the Committee shall make appropriate adjustments in (i) the
number and kind of shares of stock or securities with respect to which Awards may thereafter be granted (including without limitation the limitations set forth in Sections 4(a) and (b) above), (ii) the number and kind of shares remaining
subject to outstanding Awards, and (iii) the exercise or purchase price in respect of such shares. In the event of any merger, consolidation, dissolution or liquidation of the Company, the Committee in its sole discretion may, as to any
outstanding Awards, make such substitution or adjustment in the aggregate number of shares reserved for issuance under the Plan and in the number and purchase price (if any) of shares subject to such Awards as it may determine and as may be
permitted by the terms of such transaction, or accelerate, amend or terminate such Awards upon such terms and conditions as it shall provide (which, in the case of the termination of the vested portion of any Award, shall require payment or other
consideration which the Committee deems equitable in the circumstances), subject, however, to the provisions of Section 16. 
 (d) Substitute Awards. The Committee may grant Awards under the Plan in substitution for stock and stock based awards held by employees of another corporation who concurrently become employees of the Company or an Affiliate as the
result of a merger or consolidation of the employing corporation with the Company or an Affiliate or the acquisition by the Company or an Affiliate of property or stock of the employing corporation. The Committee may direct that the substitute
awards be granted on such terms and conditions as the Committee considers appropriate in the circumstances. 

 SECTION 5. Eligibility. 
 Awards may be granted to officers, directors and employees of, and consultants and advisers to, the Company or its Affiliates (“Eligible Persons”). 
 SECTION 6. Stock Options. 
 The Committee may grant Stock Options to Eligible Persons. Any Stock Option granted under the Plan shall be in such form as the Committee may from time to time approve. Stock Options granted under the Plan may be either Incentive Stock
Options (subject to compliance with applicable law) or Non-Statutory Stock Options. Unless otherwise so designated, an Option shall be a Non-Statutory Stock Option. To the extent that any Option does not qualify as an Incentive Stock Option, it
shall constitute a Non-Statutory Stock Option. No Incentive Stock Option shall be granted under the Plan after the tenth anniversary of the date of adoption of the Plan by the Board. The Committee in its discretion may determine the effective date
of Stock Options, provided, however, that grants of Incentive Stock Options shall be made only to persons who are, on the effective date of the grant, employees of the Company or an Affiliate. Stock Options granted pursuant to this Section 6
shall contain such additional terms and conditions, not inconsistent with the terms of the Plan, as the Committee shall deem desirable. 
 (a) Exercise Price. The exercise price per share for the Stock covered by a Stock Option granted pursuant to this Section 6 shall be determined by the Committee at the time of grant but shall
be not less than one hundred percent (100%) of Fair Market Value on the date of grant. If an employee owns or is deemed to own (by reason of the attribution rules applicable under Section 424(d) of the Code) more than ten percent
(10%) of the combined voting power of all classes of stock of the Company or any subsidiary or parent corporation and an Incentive Stock Option is granted to such employee, the exercise price shall be not less than one hundred ten percent
(110%) of Fair Market Value on the date of grant. 
 (b) Option Term. The term of each Stock Option shall be fixed
by the Committee, but no Stock Option shall be exercisable more than ten (10) years after the date the Stock Option is granted. If an employee owns or is deemed to own (by reason of the attribution rules of Section 424(d) of the Code) more
than ten percent (10%) of the combined voting power of all classes of stock of the Company or any subsidiary or parent corporation and an Incentive Stock Option is granted to such employee, the term of such Incentive Stock Option shall be no
more than five (5) years from the date of grant. 
 (c) Exercisability; Rights of a Stockholder. Stock Options shall
become vested and exercisable at such time or times, whether or not in installments, as shall be determined by the Committee. The Committee may at any time accelerate the exercisability of all or any portion of any Stock Option. An optionee shall
have the rights of a stockholder only as to shares acquired upon the exercise of a Stock Option and not as to unexercised Stock Options. 
 (d) Method of Exercise. Stock Options may be exercised in whole or in part, by delivering written notice of exercise to the Company, specifying the number of shares to be purchased. Payment of the
purchase price may be made by delivery of cash or bank check or other instrument acceptable to the Committee in an amount equal to the exercise price of such Options, or, to the extent provided in the applicable agreement setting forth the terms and
conditions of such Option, by one or more of the following methods: 
 (i) by delivery to the Company of shares
of Stock of the Company having a fair market value equal in amount to the aggregate exercise price of the Options being exercised and not subject to restriction under any Company incentive plan; or 
 (ii) if the class of Stock is registered under the Exchange Act at such time, by delivery to the Company of a properly
executed exercise notice along with irrevocable instructions to a broker to deliver promptly to the Company cash or a check payable and acceptable to the Company for the purchase price; provided that in the event that the optionee chooses to pay the
purchase price as so provided, the optionee and the broker shall

 
comply with such procedures and enter into such agreements of indemnity and other agreements as the Committee shall prescribe as a condition of such payment procedure (including, in the case of
an optionee who is an executive officer of the Company, such procedures and agreements as the Committee deems appropriate in order to avoid any extension of credit in the form of a personal loan to such officer). The Company need not act upon such
exercise notice until the Company receives full payment of the exercise price; or 
 (iii) by reducing the number
of Option shares otherwise issuable to the optionee upon exercise of the Option by a number of shares of Common Stock having a fair market value equal to such aggregate exercise price of the Options being exercised; or 
 (iv) by any combination of such methods of payment. 
 The delivery of certificates representing shares of Stock to be purchased pursuant to the exercise of a Stock Option will be contingent upon
receipt from the Optionee (or a purchaser acting in his stead in accordance with the provisions of the Stock Option) by the Company of the full purchase price for such shares and the fulfillment of any other requirements contained in the Stock
Option or imposed by applicable law. 
 (e) Non-transferability of Options. Except as the Committee may provide with
respect to a Non-Statutory Stock Option, no Stock Option shall be transferable other than by will or by the laws of descent and distribution and all Stock Options shall be exercisable, during the optionee’s lifetime, only by the optionee.

 (f) Annual Limit on Incentive Stock Options. To the extent required for “incentive stock option” treatment
under Section 422 of the Code, the aggregate Fair Market Value (determined as of the time of grant) of the Stock with respect to which Incentive Stock Options granted under this Plan and any other plan of the Company or its Affiliates become
exercisable for the first time by an optionee during any calendar year shall not exceed $100,000. 
 SECTION 7. Restricted Stock Awards. 

 (a) Nature of Restricted Stock Award. The Committee in its discretion may grant Restricted Stock Awards to any Eligible
Person, entitling the recipient to acquire, for such purchase price, if any, as may be determined by the Committee, shares of Stock subject to such restrictions and conditions as the Committee may determine at the time of grant (“Restricted
Stock”), including continued employment and/or achievement of pre-established performance goals and objectives. 
 (b)
Acceptance of Award. A participant who is granted a Restricted Stock Award shall have no rights with respect to such Award unless the participant shall have accepted the Award within sixty (60) days (or such shorter date as the Committee
may specify) following the award date by making payment to the Company of the specified purchase price, if any, of the shares covered by the Award and by executing and delivering to the Company a written instrument that sets forth the terms and
conditions applicable to the Restricted Stock in such form as the Committee shall determine. 
 (c) Rights as a
Stockholder. Upon complying with Section 7(b) above, a participant shall have all the rights of a stockholder with respect to the Restricted Stock, including voting and dividend rights, subject to non-transferability restrictions and
Company repurchase or forfeiture rights described in this Section 7 and subject to such other conditions contained in the written instrument evidencing the Restricted Award. Unless the Committee shall otherwise determine, certificates
evidencing shares of Restricted Stock Award shall remain in the possession of the Company until such shares are vested as provided in Section 7(e) below. 
 (d) Restrictions. Shares of Restricted Stock may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of except as specifically provided herein. In the event of
termination of employment by the Company and its Affiliates for any reason (including death, Disability, Normal Retirement and for Cause), any shares of Restricted Stock which have not then vested shall automatically be forfeited to the Company.

 (e) Vesting of Restricted Stock. The Committee at the time of grant shall specify the
date or dates and/or the attainment of pre-established performance goals, objectives and other conditions on which the non-transferability of the Restricted Stock and the Company’s right of forfeiture shall lapse. Subsequent to such date or
dates and/or the attainment of such pre-established performance goals, objectives and other conditions, the shares on which all restrictions have lapsed shall no longer be Restricted Stock and shall be deemed “vested.” The Committee at any
time may accelerate such date or dates and otherwise waive or, subject to Section 14, amend any conditions of the Award. 
 (f) Waiver, Deferral and Reinvestment of Dividends. The written instrument evidencing the Restricted Stock Award may require or permit the immediate payment, waiver, deferral or investment of dividends paid on the Restricted Stock.

 SECTION 8. Unrestricted Stock Awards. 
 (a) Grant or Sale of Unrestricted Stock. The Committee in its discretion may grant or sell to any Eligible Person shares of Stock free of any restrictions under the Plan (“Unrestricted
Stock”) at a purchase price determined by the Committee. Shares of Unrestricted Stock may be granted or sold as described in the preceding sentence in respect of past services or other valid consideration. 
 (b) Restrictions on Transfers. The right to receive unrestricted Stock may not be sold, assigned, transferred, pledged or otherwise
encumbered, other than by will or the laws of descent and distribution. 
 SECTION 9. Performance Share Awards. 
 A Performance Share Award is an award entitling the recipient to acquire shares of Stock upon the attainment of specified performance goals.
The Committee may make Performance Share Awards independent of or in connection with the granting of any other Award under the Plan. Performance Share Awards may be granted under the Plan to any Eligible Person. The Committee in its discretion shall
determine whether and to whom Performance Share Awards shall be made, the performance goals applicable under each such Award (which may include, without limitation, continued employment by the recipient or a specified achievement by the recipient,
the Company or any business unit of the Company), the periods during which performance is to be measured, and all other limitations and conditions applicable to the Award or the Stock issuable thereunder. Upon the attainment of the specified
performance goal shares of Stock shall be issued pursuant to the Performance Share Award as soon as practicable thereafter, but in no event later than two and one-half months after the calendar year in which such performance goal is attained.

 SECTION 10. Stock Appreciation Rights. 
 The Committee in its discretion may grant Stock Appreciation Rights to any Eligible Person. A Stock Appreciation Right shall entitle the participant upon exercise thereof to receive from the Company, upon
written request to the Company at its principal offices (the “Request”), a number of shares of Stock having an aggregate Fair Market Value equal to the product of (a) the excess of Fair Market Value, on the date of such Request, over
the exercise price per share of Stock specified in such Stock Appreciation Right (which exercise price shall be not less than one hundred percent (100%) of Fair Market Value on the date of grant), multiplied by (b) the number of shares of
Stock for which such Stock Appreciation Right shall be exercised. The term of each Stock Appreciation Right shall be fixed by the Committee, but no Stock Appreciation Right shall be exercisable more than ten (10) years after the date the Stock
Appreciation Right is granted. 

 SECTION 11. Termination of Stock Options and Stock Appreciation Rights. 
 (a) Incentive Stock Options: 
 (i) Termination by Death. If any participant’s employment by the Company and its Affiliates terminates by reason of death, any Incentive Stock Option owned by such participant may thereafter
be exercised to the extent exercisable at the date of death, by the legal representative or legatee of the participant, for a period of one hundred eighty (180) days from the date of death, or until the expiration of the stated term of the
Incentive Stock Option, if earlier. 
 (ii) Termination by Reason of Disability or Normal Retirement.

 (A) Any Incentive Stock Option held by a participant whose employment by the Company and its Affiliates has
terminated by reason of Disability may thereafter be exercised, to the extent it was exercisable at the time of such termination, for a period of ninety (90) days from the date of such termination of employment, or until the expiration of the
stated term of the Incentive Stock Option, if earlier. 
 (B) Any Incentive Stock Option held by a participant
whose employment by the Company and its Affiliates has terminated by reason of Normal Retirement may thereafter be exercised, to the extent it was exercisable at the time of such termination, for a period of ninety (90) days from the date of
such termination of employment, or until the expiration of the stated term of the Incentive Stock Option, if earlier. 
 (C) The Committee shall have sole authority and discretion to determine whether a participant’s employment has been terminated by reason of Disability or Normal Retirement. 
 (iii) Termination for Cause. If any participant’s employment by the Company and its Affiliates has been
terminated for Cause, as determined by the Committee in its sole discretion, any Incentive Stock Option held by such participant shall immediately terminate and be of no further force and effect. 
 (iv) Other Termination. Unless otherwise determined by the Committee, if a participant’s employment by the
Company and its Affiliates terminates for any reason other than death, Disability, Normal Retirement or for Cause, any Incentive Stock Option held by such participant may thereafter be exercised, to the extent it was exercisable on the date of
termination of employment, for thirty (30) days from the date of termination of employment or until the expiration of the stated term of the Incentive Stock Option, if earlier. 
 (b) Non-Statutory Stock Options and Stock Appreciation Rights. Any Non-Statutory Stock Option or Stock Appreciation Right granted
under the Plan shall contain such terms and conditions with respect to its termination as the Committee, in its discretion, may from time to time determine. 
 SECTION 12. Tax Withholding and Notice. 
 (a) Payment by Participant.
Each participant shall, no later than the date as of which the value of an Award or of any Stock or other amounts received thereunder first becomes includable in the gross income of the participant for Federal income tax purposes, pay to the
Company, or make arrangements satisfactory to the Committee regarding payment of any Federal, state, local and/or payroll taxes of any kind required by law to be withheld with respect to such income. The Company and its Affiliates shall, to the
extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to the participant. 
 (b) Payment in Shares. A Participant may elect, with the consent of the Committee, to have such tax withholding obligation satisfied, in whole or in part, by (i) authorizing the Company to withhold from shares of Stock to be
issued pursuant to an Award a number of shares with an aggregate Fair Market Value (as of the date the withholding is effected) that would satisfy the withholding amount due with respect to such Award, or (ii) delivering to the Company a number
of shares of Stock with an aggregate Fair Market Value (as of the date the withholding is effected) that would satisfy the withholding amount due. For purposes of Section 4 hereof, shares of stock that are withheld by or delivered to the Company
pursuant to this Section 12 shall not be added back to the shares of Stock with respect to which Awards may be granted under the Plan. 

 (c) Notice of Disqualifying Disposition. Each holder of an Incentive Stock Option
shall agree to notify the Company in writing immediately after making a disqualifying disposition (as defined in Section 421(b) of the Code) of any Stock purchased upon exercise of an Incentive Stock Option. 
 SECTION 13. Transfer and Leave of Absence. 
 For purposes of the Plan, the following events shall not be deemed a termination of employment: 
 (a) a transfer to the employment of the Company from an Affiliate or from the Company to an Affiliate, or from one Affiliate to another; 
 (b) an approved leave of absence for military service or sickness, or for any other purpose approved by the Company, if the employee’s
right to re-employment is guaranteed either by a statute or by contract or under the policy pursuant to which the leave of absence was granted or if the Committee otherwise so provides in writing; provided, that the vesting date or dates of any
unvested Award held by such employee shall automatically be extended by a period of time equal to the period of such approved leave of absence. 
 SECTION 14. Amendments and Termination. 
 The Board may at any time amend or discontinue the Plan and the
Committee may at any time amend or cancel any outstanding Award for the purpose of satisfying changes in law or for any other lawful purpose, but no such action shall adversely affect rights under any outstanding Award without the holder’s
consent. Notwithstanding the foregoing, neither the Board nor the Committee shall have the power or authority to decrease the exercise price of any outstanding Stock Option or Stock Appreciation Right, whether through amendment, cancellation and
regrant, exchange or any other means, except for changes made pursuant to Section 4(c). 
 This Plan shall terminate as of
the tenth anniversary of its effective date. The Board may terminate this Plan at any earlier time for any reason. No Award may be granted after the Plan has been terminated. No Award granted while this Plan is in effect shall be adversely altered
or impaired by termination of this Plan, except with the consent of the holder of such Award. The power of the Committee to construe and interpret this Plan and the Awards granted prior to the termination of this Plan shall continue after such
termination. 
 SECTION 15. Status of Plan. 
 With respect to the portion of any Award which has not been exercised and any payments in cash, Stock or other consideration not received by a participant, a participant shall have no rights greater than
those of a general creditor of the Company unless the Committee shall otherwise expressly determine in connection with any Award or Awards. 
 SECTION 16. Change of Control Provisions. 
 (a) Upon the occurrence of a Change of Control as defined in this
Section 16: 
 (i) subject to the provisions of clause (iii) below, after the effective date of such
Change of Control, each holder of an outstanding Stock Option, Restricted Stock Award, Performance Share Award or Stock Appreciation Right shall be entitled, upon exercise of such Award, to receive, in lieu of shares of Stock (or consideration based
upon the Fair Market Value of Stock), shares of such stock or other securities, cash or property (or consideration based upon shares of such stock or other securities, cash or property) as the holders of shares of Stock received in connection with
the Change of Control; 
 (ii) the Committee may accelerate, fully or in part, the time for exercise of, and
waive any or all conditions and restrictions on, each unexercised and unexpired Stock Option, Restricted Stock Award, Performance Share Award and Stock Appreciation Right, effective upon a date prior or subsequent to the effective date of such
Change of Control, as specified by the Committee; or 

 (iii) each outstanding Stock Option, Restricted Stock Award, Performance
Share Award and Stock Appreciation Right may be cancelled by the Committee as of the effective date of any such Change of Control provided that (x) prior written notice of such cancellation shall be given to each holder of such an Award and
(y) the Committee shall have accelerated the time for exercise of all such unexercised and unexpired Awards and each holder of such an Award shall have the right to exercise such Award, during the ten (10) day period preceding the
effective date of such Change of Control. 
 (b) “Change of Control” shall mean the occurrence of any one of the
following events: 
 (i) any “person” (as such term is used in Sections 13(d) and 14(d)(2) of the
Exchange Act) becomes, after the Effective Date of this Plan, a “beneficial owner” (as such term is defined in Rule 13d-3 promulgated under the Exchange Act) (other than the Company, any trustee or other fiduciary holding securities under
an employee benefit plan of the Company, or any corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company), directly or indirectly, of securities of
the Company representing fifty percent (50%) or more of the combined voting power of the Company’s then outstanding securities; or 
 (ii) the stockholders of the Company approve a merger or consolidation of the Company with any other corporation or other entity, other than a merger or consolidation which would result in the voting
securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) more than fifty percent (50%) of the combined voting
power of the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation; or 
 (iii) the stockholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of all or substantially all of the Company’s
assets. 
 SECTION 17. General Provisions. 
 (a) No Distribution; Compliance with Legal Requirements. The Committee may require each person acquiring shares pursuant to an Award to represent to and agree with the Company in writing that such
person is acquiring the shares without a view to distribution thereof. 
 No shares of Stock shall be issued pursuant to an
Award until all applicable securities laws and other legal and stock exchange requirements have been satisfied. The Committee may require the placing of such stop orders, with respect to and restrictive legends on, certificates for Stock and Awards
as it deems appropriate. 
 (b) Delivery of Stock Certificates. Delivery of stock certificates to participants under this
Plan shall be deemed effected for all purposes when the Company or a stock transfer agent of the Company shall have delivered such certificates in the United States mail, addressed to the participant, at the participant’s last known address on
file with the Company. 
 (c) Other Compensation Arrangements; No Employment Rights. Nothing contained in this Plan shall
prevent the Board from adopting other or additional compensation arrangements, including trusts, subject to stockholder approval if such approval is required; and such arrangements may be either generally applicable or applicable only in specific
cases. The adoption of the Plan or grant of any Award under the Plan does not confer upon any employee any right to continued employment with the Company or any Affiliate. 
 (d) Lock-Up Agreement. By accepting any Award, the recipient shall be deemed to have agreed that, if so requested by the Company or
by the underwriters managing any offering of securities of the Company that is the subject of a registration statement filed under the United States Securities Act of 1933, as amended from time to time (the “Act”), the recipient
will not, without the prior written consent of the Company or such underwriters, as the case may be, sell, make any short sale of, loan, grant any option for the purchase of, or otherwise dispose of any shares subject to any such Award during the
Lock-up Period, as defined below. The “Lock-Up Period” shall

 
mean a period of time not to exceed 180 days, plus such additional number of days (not to exceed 35) as may reasonably be requested to enable the underwriter(s) of such offering to comply with
Rule 2711(f) of the Financial Industry Regulatory Authority or any amendment or successor thereto from the effective date of the registration statement under the Act for such offering, or, if greater, such number of days as shall have been
agreed to by each director and executive officer of the Company in connection with such offering in a substantially similar lock-up agreement by which each such director and executive officer is bound. If requested by the Company or such
underwriters, the recipient shall enter into an agreement with such underwriters consistent with the foregoing. 
 SECTION 18. Effective Date
of Plan. 
 This Plan shall become effective upon its adoption by the Company’s Board of Directors. If the Plan shall
not be approved by the stockholders of the Company within twelve months following its adoption, this Plan shall terminate and be of no further force or effect. 
 SECTION 19. Governing Law. 
 This Plan shall be governed by, and construed
and enforced in accordance with, the substantive laws of The Commonwealth of Massachusetts, without regard to its principles of conflicts of laws. 
 *  *  *Early Retirement Agreement

 Exhibit 10.1 
 EARLY RETIREMENT AGREEMENT 
 This Early Retirement
Agreement dated as of November 4, 2009 (“Agreement”) between David Rickard (“Mr. Rickard” or “Executive”) and CVS Caremark Corporation (“CVS Caremark” or the “Company”) shall be effective as of
the date it is signed by Executive (the “Effective Date”), so long as the Agreement is also signed by the Company’s Senior Vice President, Human Resources (the “SVP of HR”). 
 WHEREAS, Mr. Rickard has been employed by CVS Pharmacy, Inc. (CVS), a CVS Caremark subsidiary, as Executive Vice President, Chief
Financial Officer and Chief Administrative Officer (“EVP and CFO”) of CVS Caremark Corporation; 
 WHEREAS,
Mr. Rickard and CVS Caremark are parties to an Amended and Restated Employment Agreement dated as of December 22, 2008 (the “Employment Agreement”); 
 WHEREAS, Mr. Rickard and CVS Caremark desire to enter into an agreement setting forth the terms of Mr. Rickard’s early retirement from CVS; 
 WHEREAS, Mr. Rickard has thoroughly reviewed this Agreement, has entered into it voluntarily, and has consulted with legal counsel of
his choice before signing this Agreement. 
 NOW THEREFORE, in consideration of the foregoing, and of the promises and mutual
covenants herein contained, CVS Caremark and Mr. Rickard agree as follows: 
 1. EARLY RETIREMENT APPROVAL. CVS Caremark
agrees to seek approval from the Management Planning and Development Committee (the “Committee”) of the Board of Directors of the Company for an Approved Early Retirement (as that term is defined in the Employment Agreement) effective as
of the date requested by the Executive, provided that (a) such date shall be no earlier than September 15, 2009 and no later than March 31, 2010, and (b) the Executive shall work in good faith with the Company to select a date
that will meet the Company’s business needs. For the purposes of this Agreement, the date approved by the Committee shall hereafter be referred to as the “Retirement Date”. Until the Retirement Date, Executive shall continue to
perform his duties as EVP and CFO. 
 2. RETIREMENT BENEFITS. Upon the Retirement Date, and subject to the requirement set forth
in Section 10(j) of the Employment Agreement, Executive shall be entitled to the payments and benefits as set forth in Section 10(f) of the Employment Agreement. Nothing in this paragraph is intended to limit any other rights or benefits
that Executive may be entitled to under the Employment Agreement or any benefit plan of the Company. 
 3. GENERAL RELEASE OF
CLAIMS. On or within sixty (60) days after the Retirement Date, Executive shall sign the General Release and Covenant Not to Sue attached as Exhibit A. The execution of such release of claims shall satisfy Executive’s
obligation under Section 10(j) of the Employment Agreement. 

 4. RESTRICTIVE COVENANTS. Effective as of the date that the Committee approves
Executive’s Retirement Date, Section 12(b)(v) of the Employment Agreement is amended as follows: the words “the remainder of the Term of Employment” are stricken and replaced with “the twenty-four (24) month period
following the Executive’s Approved Early Retirement or Normal Retirement”. 
 5. RETURN OF PROPERTY. Mr. Rickard
agrees that on or before the Retirement Date he shall return to CVS Caremark all property of CVS Caremark or any Subsidiary (as that term is defined in Section 11(d) of the Employment Agreement) in his control or possession, including but not
limited to the originals and copies of any information provided to or acquired by Mr. Rickard in connection with the performance of his duties for CVS Caremark or a Subsidiary, including but not limited to all files, correspondence,
communications, memoranda, e-mails, slides, records, and all other documents, no matter how produced or reproduced, all computer equipment, programs and files, and all office keys and access cards, it being hereby acknowledged that all of said items
are the sole and exclusive property of CVS Caremark. This paragraph shall not require Mr. Rickard to return his or his spouse’s employee discount cards. 
 6. NOTIFICATION TO COMPANY. In the event Executive receives a subpoena, deposition notice, interview request, or other process or order which requires or may reasonably be construed to
require Executive to produce Confidential Information (as that term is defined in Section 11(c) of the Employment Agreement”), Executive shall promptly: (i) notify the Company of the item, document, or information sought by such
subpoena, deposition notice, interview request, or other process or order; (ii) furnish the Company with a copy of said subpoena, deposition notice, interview request, or other process or order; and (iii) provide reasonable cooperation
with respect to any procedure that CVS Caremark or any Subsidiary may initiate at their expense to protect Confidential Information or other interests. If CVS Caremark or any Subsidiary objects to the subpoena, deposition notice, interview request,
process, or order, Executive shall cooperate to permit the Company or Subsidiary to ensure that there shall be no disclosure until the court or other applicable entity has ruled upon the objection or otherwise ordered Executive to make such
disclosure, and then only in accordance with the ruling so made, unless Executive is ordered by the court or other applicable entity to do so in the interim. If no such objection is made despite a reasonable opportunity to do so, Executive shall be
entitled to comply with the subpoena, deposition notice, interview request, or other process or order provided that Executive has fulfilled the above obligations. 
 7. GOVERNING LAW. This Agreement shall be governed by and conformed in accordance with the laws of the State of Rhode Island without regard to its conflict of laws provisions. Any actions
brought to enforce the terms of this Agreement shall be brought in a court of competent jurisdiction located in the State of Rhode Island. 
 8.
COUNTERPARTS. This Agreement may be executed in counterparts and each counterpart will be deemed an original. 
 9. SECTION
HEADINGS. Section headings contained in this Agreement are for convenience of reference only and shall not affect the meaning of any provision herein. 
  

 2 

 10. ENTIRE AGREEMENT. This Agreement, together with the Employment Agreement as hereby
amended, and any compensation, equity or benefit plan or agreement referred to herein or in the Employment Agreement, sets forth the entire agreement between the parties hereto with respect to its subject matter and fully supersedes any and all
prior understandings, whether written or oral, between the parties concerning the subject matter of this Agreement. Executive acknowledges that he has not relied on any representations, promises or agreements of any kind made to him in connection
with his decision to accept the terms of this Agreement, except for the representations, promises and agreements herein. Any modification to this Agreement must be in writing and signed by Executive and CVS Caremark’s Sr. Vice President, Human
Resources or his authorized representative. 
 IN WITNESS WHEREOF, the parties knowingly and voluntarily executed this Early
Retirement Agreement as of the dates set forth below. 
  

									
	DAVID RICKARD	 		 	CVS CAREMARK CORPORATION
				
	 /s/ David B. Rickard
	 		 	BY:	 	 /s/ V. Michael Ferdinandi

		 		 		 		 	     V. MICHAEL FERDINANDI
		 		 		 		 	     SENIOR VICE PRESIDENT -
		 		 		 		 	      HUMAN RESOURCES
					
	DATE:	 	 September 4, 2009
	 		 	DATE:	 	 November 4, 2009

  

 3 

 EXHIBIT A 
  

 1 

 GENERAL RELEASE AND COVENANT NOT TO SUE 
 As a condition of receiving the post-termination compensation, benefits and other consideration set forth in the Amended and Restated Employment Agreement
between David Rickard (“Executive”) and CVS Caremark Corporation (“CVS Caremark”) dated as of December 22, 2008 (the “Employment Agreement”) and the Early Retirement Agreement between Executive and CVS Caremark
dated as of November 4, 2009 (the “Early Retirement Agreement”), Executive hereby agrees to the terms of this General Release and Covenant Not to Sue (“Release”). 
 1. GENERAL RELEASE OF CLAIMS. Executive hereby releases and forever discharges CVS Caremark Corporation and each of its divisions, affiliates,
subsidiaries and operating companies, and the respective officers, directors, employees, agents and affiliates of each of them (collectively, the “Released Parties”) from any and all causes of action, lawsuits, proceedings, complaints,
charges, debts, contracts, judgments, damages, and claims against the Released Parties, whether known or unknown, which Executive ever had, now has or which Executive or Executive’s heirs, executors, administrators, successors or assigns may
have prior to the date this Release is signed by Executive, due to any matter whatsoever relating to Executive’s employment, compensation, benefits, and/or termination of Executive’s employment with CVS (collectively, the “Released
Claims). The Released Claims include, but are not limited to, any claim that any of the Released Parties violated the National Labor Relations Act, Title VII of the Civil Rights Act of 1964, Sections 1981 through 1988 of Title 42 of the United
States Code, the Employee Retirement Income Security Act, the Immigration Reform and Control Act, the Americans with Disabilities Act, the Age Discrimination in Employment Act, the Family Medical Leave Act, and/or the Occupational Safety and Health
Act; any claim that any of the Released Parties violated any other federal, state or local statute, law, regulation or ordinance; any claim of unlawful discrimination of any kind; any public policy, contract, tort, or common law claim; and any claim
for costs, fees, or other expenses including attorney’s fees incurred in these matters. Notwithstanding the foregoing, this Release does not include any rights that Executive cannot lawfully waive, and will not release any rights Executive has
(a) to defense and indemnification from CVS or its insurers, (b) to any claim for any tort for personal injury not arising out of or related to his termination of employment; (c) to claims, actions, or rights arising under or to
enforce the terms of the Employment Agreement or the Early Retirement Agreement; and/or (d) under any of the Company’s incentive compensation and employee benefit plans and programs to which Executive is entitled pursuant to the Employment
Agreement and the Early Retirement Agreement. 
 2. COVENANT NOT TO SUE. Executive agrees not to file or initiate a lawsuit in any
court or initiate an arbitration proceeding asserting any of the Released Claims against any of the Released Parties. Executive further agrees that he will not permit himself to be a member of any class in any court or in any arbitration proceeding
seeking relief against the Released Parties based on claims released by this Release, and that even if a court or arbitrator rules that he may not waive a claim released by this Release, he will not accept any money damages or other relief in
connection with any other action or proceeding asserting any of the Released Claims against any of the Released Parties. Executive agrees to reimburse CVS for any legal fees that CVS incurs as a result of any knowing breach of this paragraph by
Executive. 

 3. NO PENDING ACTIONS; NO FAIR LABOR STANDARDS ACT CLAIMS. Executive represents that as of the
date he signs this Release, Executive has not filed or initiated, or caused to be filed or initiated, any complaint, claim, action or lawsuit of any kind against any of the Released Parties in any federal, state or local court or agency. Executive
represents that he is not aware of any facts that would support a claim by him against any of the Released Parties for any violation of the Fair Labor Standards Act. 
 4. WAIVER OF DAMAGES. Nothing in this Release is intended to or shall interfere with Executive’s right to participate in a proceeding with any appropriate federal, state or local
government agency enforcing federal, state or local discrimination laws and/or cooperating with said agency in its investigation. Executive shall not, however, be entitled to receive any relief, recovery or monies in connection with any complaint or
charge brought against any of the Released Parties with respect to any Released Claims, without regard as to who brought any such complaint or charge. 
 5. TIME TO CONSIDER AND REVOKE; ADVICE OF COUNSEL. Executive acknowledges that he has been afforded at least twenty-one (21) days to consider whether to sign this Release. If Executive elects not to take the twenty-one
(21) days to consider this Release, Executive acknowledges having done so voluntarily and with the understanding that Executive is waiving a statutory right to do so. If Executive chooses to execute this Release, Executive has the right to
revoke the acceptance at any time within seven (7) days of signing (the “Revocation Period”) by delivering a written revocation to CVS Caremark Corporation, Attention: V. Michael Ferdinandi, One CVS Drive, Woonsocket, RI 02895.
Any such revocation shall state, “I hereby revoke my General Release and Covenant Not to Sue” and must be signed by Executive and received by the Company before the end of the Revocation Period. If Executive decides to revoke this Release,
the revocation shall make this Release null and void and shall be deemed effective on the date received by the Company. Executive acknowledges that in the absence of a valid effective Release, Executive is not entitled to the post-employment
payments and benefits set forth in Section 10 of the Employment Agreement. CVS hereby advises Executive to consult with an attorney before executing this Release. 
  

					
	DAVID RICKARD	 		 	
			
	 /s/ David B. Rickard
	 		 	Date Signed:
                                         
       

  

 2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00165-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00165-of-00352.parquet"}]]