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  June 26, 2016

 
 
Douglas Godshall
8 Overfield Drive
Medfield, MA 02052
 

 
Dear Doug,
 
Reference is made to the employment letters (the “Agreements”) between you and
HeartWare International, Inc. (“HWII”), dated December 16, 2009, and between you
and HeartWare, Inc. (“HWI”, HWII and HWI together, the “Company”), dated
December 21, 2010, each as amended from time to time.  You and the Company
desire to amend the Agreements in the manner described below.
 
 
1.
Total Salary.  The definition of “Total Salary” in your Agreements shall be
replaced by the following:

 
“Total Salary” means your current Base Salary plus your current target annual
cash bonus assuming 100% corporate and individual achievement.
 
 
2.
No Other Changes. The terms and conditions of the Agreements, to the extent not
modified hereby, will continue to apply as specified in the Agreements.

 
To indicate your acceptance of these updated terms and conditions of your
employment, please sign below.
 

 
Sincerely,
    HEARTWARE INTERNATIONAL, INC.                             BY:  /s/ Lawrence
J. Knopf     Title:   SVP and General Counsel  

 
 
 
 
 
 
 
 

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  HEARTWARE, INC.                             BY:  /s/ Lawrence J. Knopf    
Title:   SVP and General Counsel  

 

 
 
Accepted and agreed:
                   /s/ Douglas Godshall   Douglas Godshall  

 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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