**Exhibit 10.29**

**CAMBRIDGE HEART, INC.**

Stock Option Agreement 

Granted Outside 2001 Stock Incentive Plan 

1. Grant of Option. 

This agreement evidences the grant by Cambridge Heart, Inc., a Delaware corporation (the “Company”), on December 11, 2007 (the “Grant Date”) toAli Haghighi-Mood, an employee of the Company (the “Participant”), of an option to purchase, in whole or in part, on the terms provided herein, a total of 450,000 shares (the “Shares”) of common stock, $.001 par value per share,of the Company (“Common Stock”) at $1.15 per Share (the “Option”). Unless earlier terminated, this Option shall expire on December 11, 2017 (the “Final Exercise Date”). 

This Option is granted outside of the Company’s equity incentive plans as a stand-alone award. The Option shall nevertheless be subject to the terms of theCompany’s 2001 Stock Incentive Plan (the “Plan”), as amended from time to time, as if it had been granted thereunder. A copy of the Plan is attached hereto and is incorporated herein in its entirety by reference. 

It is intended that the option evidenced by this agreement shall not be an incentive stock option as defined in Section 422 of the Internal Revenue Code of 1986, asamended, and any regulations promulgated thereunder (the “Code”). Except as otherwise indicated by the context, the term “Participant”, as used in this option, shall be deemed to include any person who acquires the right toexercise this option validly under its terms. 

2. Vesting Schedule. 

(a) General. This Option will become exercisable (“vest”) as to 33.3% of the original number of Shares on the first anniversary of the Grant Date and as to an additional 33.3% of the original numberof Shares at the end of each successive one-year period following the first anniversary of the Grant Date until the third anniversary of the Grant Date. 

(b) Cumulative Right of Exercise. The right to exercise the Option shall be cumulative so that to the extent the Option is not exercised in any period to the maximum extent permissible it shall continue to beexercisable, in whole or in part, with respect to all shares for which it is vested until the earlier of the Final Exercise Date or the termination of this Option under Section 3 hereof or the Plan. 

3. Exercise of Option. 

(a) Form of Exercise.Each election to exercise this Option shall be in writing, signed by the Participant, and received by the Company at its principal office, accompanied by this agreement, and payment in full in the manner provided in the Plan. The Participant maypurchase less than the number of shares covered hereby, provided that no partial exercise of this Option may be for any fractional share. 

 

(b) Continuous Relationship with the Company Required. Except as otherwise provided in thisSection 3, this Option may not be exercised unless the Participant, at the time he or she exercises this Option, is, and has been at all times since the Grant Date, an employee, officer or director of, or consultant or advisor to, the Companyor any parent or subsidiary of the Company as defined in Section 424(e) or (f) of the Code (an “Eligible Participant”). 

(c) Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the right to exercise this Option shallterminate three months after such cessation (but in no event after the Final Exercise Date), provided that this Option shall be exercisable only to the extent that the Participant was entitled to exercise this Option on the date of suchcessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreementbetween the Participant and the Company, the right to exercise this Option shall terminate immediately upon such violation. 

(d)Exercise Period Upon Death or Disability. If the Participant dies or becomes disabled (within the meaning of Section 22(e)(3) of the Code) prior to the Final Exercise Date while he or she is an Eligible Participant and the Company hasnot terminated such relationship for “cause” as specified in paragraph (e) below, this Option shall be exercisable, within the period of one year following the date of death or disability of the Participant, by the Participant (or inthe case of death by an authorized transferee), provided that this Option shall be exercisable only to the extent that this Option was exercisable by the Participant on the date of his or her death or disability, and further provided thatthis Option shall not be exercisable after the Final Exercise Date. 

(e) Discharge for Cause. If the Participant, prior to the FinalExercise Date, is discharged by the Company for “Cause” (as defined below), the right to exercise this Option shall terminate immediately upon the effective date of such discharge. “Cause” shall mean willful misconduct by theParticipant or willful failure by the Participant to perform his or her responsibilities to the Company (including, without limitation, breach by the Participant of any provision of any employment, consulting, advisory, nondisclosure,non-competition or other similar agreement between the Participant and the Company), as determined by the Company, which determination shall be conclusive. The Participant shall be considered to have been discharged for “Cause” if theCompany determines, within 30 days after the Participant’s resignation, that discharge for cause was warranted. 

4. Withholding. 

No Shares will be issued pursuant to the exercise of this Option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company forpayment of, any federal, state or local withholding taxes required by law to be withheld in respect of this Option. 

5. Nontransferability ofOption. 

This Option may not be sold, assigned, transferred, pledged or otherwise encumbered by the Participant, either voluntarily or by operation oflaw, except by will or the laws of descent and distribution, and, during the lifetime of the Participant, this Option shall be exercisable only by the Participant. 

 

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6. Provisions of the Plan. 

This Option is subject to the provisions of the Plan, a copy of which is furnished to the Participant with this Option. 

IN WITNESS WHEREOF, theCompany has caused this Option to be executed under its corporate seal by its duly authorized officer. This Option shall take effect as a sealed instrument. 

CAMBRIDGE HEART, INC. 

Dated:December 11, 2007 

By:  /s/    VincenzoLiCausi                             

        Name: Vincenzo LiCausi 

        Title: Chief Financial Officer 

 

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PARTICIPANT’S ACCEPTANCE 

The undersigned hereby accepts the foregoing Option and agrees to the terms and conditions thereof. The undersigned hereby acknowledges receipt of a copy of the Company’s 2001 Stock Incentive Plan. 

PARTICIPANT: 

/s/    AliHaghighi-Mood                                    

Address:  ___________________________ 

                 ___________________________

                 ___________________________ 

 

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**NOTICE OF STOCK OPTION EXERCISE**

Date:                                                

Cambridge Heart, Inc. 

1 Oak Park Drive 

Bedford, MA 01730 

Attention: Treasurer 

Dear Sir or Madam: 

I am theholder of a Nonstatutory Stock Option granted to me outside of the Company’s equity incentive plans but nevertheless subject to the terms of the Cambridge Heart, Inc. (the “Company”) 2001 Stock Incentive Plan on December 11, 2007for the purchase of 450,000 shares of Common Stock of the Company at a purchase price of $1.15 per share. 

I hereby exercise my Option to purchase                 shares of Common Stock (the “Shares”), for which I have enclosed                 in the amount of                 . Please register my stock certificateas follows: 

 

Name(s):
          
Address:
               
Tax I.D. #:
     
Very truly yours, 

_______________________________________ 

(Signature) 

 

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