Exhibit 10.5

AMENDMENT TO RESTRICTED STOCK AGREEMENT

THIS AMENDMENT TO RESTRICTED STOCK AGREEMENT (the “Amendment”), made and entered
into effective as of this ______ day of _________________, 2008 (the “Effective
Date”), is by and between Cyberonics, Inc., a Delaware corporation (the
“Company”), and _______________________ (the “Employee”).

WHEREAS, the Company and Employee previously entered into an Executive
Restricted Stock Agreement, Grant Control No. _________________ (the
“Agreement”);

WHEREAS, the Agreement remains in full force and effect as of this date; and

WHEREAS, the Company and Employee desire to amend the terms and conditions of
the Agreement as provided herein;

THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Company and Employee agree to modify the
Agreement as follows:

1.           Section 2(a) is hereby amended and restated in its entirety as
follows:

“(a)           Forfeiture Restrictions.  The Restricted Shares may not be sold,
assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered
or disposed of to the extent then subject to the Forfeiture Restrictions, and in
the event of termination of the Executive’s service relationship with the
Company (as provided in Section 5) for any reason other than as provided in
Section 2(b), the Executive shall, for no consideration, forfeit to the Company
all Restricted Shares then subject to the Forfeiture
Restrictions.  Notwithstanding the foregoing, in the event of a termination of
the Executive’s service relationship with the Company pursuant to Section 5.C.
of the Employment Agreement dated __________ between the Company and Executive,
as amended, (or any successor employment agreement having the same provision as
Section 6.B.4. of said agreement, as amended), Executive shall, for no
consideration, forfeit to the Company all Restricted Shares subject to the
Forfeiture Restrictions as of the six (6)-month anniversary of the date that
such service relationship is terminated. The prohibition against transfer and
the Executive’s obligation to forfeit and surrender the Restricted Shares to the
Company as stated herein are referred to as the “Forfeiture Restrictions.”  The
Forfeiture Restrictions shall be binding upon and enforceable against any
transferee of Restricted Shares.”
 
2.           Except as expressly modified by this Amendment, the provisions of
the Agreement remain unchanged and in full force and effect.

 
 

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IN WITNESS WHEREOF, Company and Employee have caused this Amendment to be
executed by their duly authorized representative as of the date and year set
forth above.

Cyberonics, Inc.
Employee
 
   
By:___________________________________
By:__________________________________
       
Date:_________________________________
Date:_________________________________