|
|
 | | | |
- close
- close
- close
- close
This excerpt taken from the ABMD DEF 14A filed Jul 15, 2005. Consulting Arrangement. We have a consulting arrangement with Dr.
Lederman, our former Chief Executive Officer and the former Chairman of our
Board of Directors. Under the consulting
arrangement, Dr. Lederman has agreed to serve as a Senior Advisor. The arrangement provides that Dr. Lederman
will continue to receive $200,000 per year for four years, starting on April 1,
2005. Payments under the arrangement
will commence on October 1, 2005. In
addition, we will continue to provide Dr. Lederman and his wife with certain
health care and other benefits, including administrative support, in exchange
for his continued service as our Senior Advisor.
|
| |||||||
