Proposed Exemption Involving the Abiomed Retirement Savings Plan Located in Danvers, MA. (Case No. D-12097)

This document provides a notice of proposed exemption that, if granted, would permit the Abiomed retirement savings plan to acquire and hold certain ‘‘contingent value rights’’ and to receive certain payments in connection therewith. Absent an exemption, these transactions would violate the prohibited transaction provisions of the employee Retirement Income Security Act of 1974 and/or the Internal Revenue Code of 1986.