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THIS AGREEMENT made as of the 13 th day of July, 2004.
WORLD HEART CORPORATION
1 Laser Street, Ottawa, Ontario K2E 7V1
(hereinafter referred to as "WorldHeart")
OF THE FIRST PART,
SYNERGISTIC BUSINESS SOLUTIONS
c/o: BOB CORSON
(hereinafter referred to as the "Consultant")
OF THE SECOND PART.
WHEREAS WorldHeart carries on a business consisting principally of the research, development and commercialization of
medical devices (the "Business");
AND WHEREAS WorldHeart is desirous of retaining the Consultant to provide consulting services in connection with the
Business of the Corporation;
AND WHEREAS the consultant is desirous of providing such services to WorldHeart, on the terms and subject to the
conditions herein set out;
NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the respective covenants and agreements of the
parties contained herein, it is agreed as follows:
ARTICLE ONE — CONSULTING SERVICES
1.1 Services. WorldHeart hereby agrees to retain the Consultant to provide WorldHeart with consulting services as
specified in Appendix A, and such other consulting services as WorldHeart and the Consultant may from time to time agree
upon, (the "Services") and the Consultant hereby agrees to provide such Services to the Corporation.
1.2 Term of Agreement. This Agreement shall remain in full force and effect from July 13, 2004 to such time as the services
are completed as prescribed by Appendix A (the "Term"), subject to earlier termination as hereinafter provided, with the said
Term being capable of extension by mutual written agreement of the parties hereto.
1.3 Provision of Services. The Services to be provided hereunder to WorldHeart by the Consultant shall be provided by
the Consultant. It is agreed and acknowledged that the Consultant may from time to time provi