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.