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<TITLE>Filed by Bowne Pure Compliance</TITLE>
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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>

<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): December 5, 2008</B>

<P align="center">

<P align="center" style="font-size: 24pt"><B>HEARTWARE INTERNATIONAL, INC.<BR></B>
<FONT style="font-size: 10pt">(Exact name of registrant as specified in its charter)
</FONT>

<TABLE border="0" width="100%" cellspacing="0" cellpadding="0" style="font-size: 10pt; text-align: center">
<TR>
    <TD width="32%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="32%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD style="border-bottom: 1px solid #000000"><B>Delaware</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>000-52595</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>26-3636023</B></TD>
</TR>
<TR valign="top">
    <TD>(State or other Jurisdiction of Incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD>(Commission File Number)</TD>
    <TD>&nbsp;</TD>
    <TD>(IRS Employer Identification No.)</TD>
</TR>
</TABLE>

<TABLE border="0" width="100%" cellspacing="0" cellpadding="0" style="font-size: 10pt; text-align: center">
<TR>
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="49%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD style="border-bottom: 1px solid #000000"><B>205 Newbury Street<BR>Framingham, MA<BR></B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>01701</B></TD>
</TR>
<TR valign="top">
    <TD>(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD>(Zip Code)</TD>
</TR>
</TABLE>

<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: <B>508.739.0950</B>


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    <TD nowrap style="border-bottom: 1px solid #000000"><B>&nbsp;</B></TD>
</TR>
<TR>
    <TD nowrap>(Former name or former address if changed since last report.)</TD>
</TR>
</TABLE>

<P align="left" style="font-size: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:

<P align="left" style="font-size: 10pt">
<FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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<P align="left" style="font-size: 10pt"><B>Item&nbsp;5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers</B>


<P align="left" style="font-size: 10pt">On December&nbsp;5, 2008, HeartWare, Inc. (the &#147;Company&#148;), a subsidiary of HeartWare International, Inc., entered into
updated and standardized employment agreements with all of its officers, including its Principal Executive Officer
(&#147;PEO&#148;), Douglas Godshall, its Principal Financial Officer (&#147;PFO&#148;), David McIntyre and its 2008 Named Executive
Officers (&#147;NEO&#148;), Jeffrey LaRose, James Schuermann and Ramon Paz.


<P align="left" style="font-size: 10pt">The revised agreements have been structured so as to comply with the requirements of Section&nbsp;409A of the Internal
Revenue Code of 1986 and follow-on from suggestions from the Company&#146;s most recent compensation review which was
undertaken by Frederick W. Cook.


<P align="left" style="font-size: 10pt">The terms of the agreements include base compensation, discretionary bonus and severance pay provisions. Base
compensation has not been changed for the abovementioned individuals. Vacation, insurance and benefits and other
expenses consistent with Company policy and available to all employees are also included.


<P align="left" style="font-size: 10pt">Also, on December&nbsp;5, 2008, David McIntyre&#146;s position was renamed Chief Financial Officer and Chief Operating Officer. His
previous title was Chief Financial Officer and Chief Business Officer. He will continue to oversee the finance and
operational functions of the Company.


<P align="left" style="font-size: 10pt">A brief description of the terms of each arrangement is as follows:

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD width="43%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Base</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Compensation</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left"><B>Officer</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>per Annum</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Severance</B></TD>
</TR>

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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Douglas Godshall<BR>Chief Executive Officer
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">$</TD>
    <TD align="right" valign="top">350,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Equal to one year&#146;s base salary</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">David McIntyre <SUP style="font-size: 85%; vertical-align: text-top">(1)</sup> <BR>Chief Financial Officer and <BR>Chief Operating Officer
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">$</TD>
    <TD align="right" valign="top">333,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Equal to one year&#146;s base salary</TD>
</TR>
<TR valign="bottom" bgcolor="#cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Jeffrey La Rose<BR>Chief Scientific Officer
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">$</TD>
    <TD align="right" valign="top">225,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Equal to one year&#146;s base salary</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">James Schuermann<BR>Vice President, Sales &#038; Marketing
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">$</TD>
    <TD align="right" valign="top">225,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Equal to six months base salary</TD>
</TR>
<TR valign="bottom" bgcolor="#cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Barry Yomtov <SUP style="font-size: 85%; vertical-align: text-top">(1)</sup> <BR>Vice President, Product Development
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">$</TD>
    <TD align="right" valign="top">231,000</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Equal to six months base salary</TD>
</TR>
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<P>
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Mr.&nbsp;McIntyre and Mr.&nbsp;Yomtov receive monthly living expense allowances and these amounts are included in Base
Compensation per Annum as set out above.</TD>
</TR>




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<P align="left" style="font-size: 10pt">A copy of each agreement is attached as an exhibit.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;9.01 Financial Statements and Exhibits</B>


<P align="left" style="font-size: 10pt">Exhibit&nbsp;99.1 Employment Agreement between HeartWare International, Inc. and Douglas Godshall, dated December&nbsp;5, 2008.


<P align="left" style="font-size: 10pt">Exhibit&nbsp;99.2 Employment Agreement between HeartWare International, Inc. and David McIntyre, dated December&nbsp;5, 2008.


<P align="left" style="font-size: 10pt">Exhibit&nbsp;99.3 Employment Agreement between HeartWare International, Inc. and Jeffrey LaRose dated December&nbsp;5, 2008.


<P align="left" style="font-size: 10pt">Exhibit&nbsp;99.4 Employment Agreement between HeartWare International, Inc. and James Schuermann, dated December&nbsp;5, 2008.


<P align="left" style="font-size: 10pt">Exhibit&nbsp;99.5 Employment Agreement between HeartWare International, Inc. and Ramon Paz, dated December&nbsp;5, 2008.


<P align="left" style="font-size: 10pt">Exhibit&nbsp;99.6 Form of Proprietary Information, Confidentiality and Inventions Assignment Agreement.


<P align="left" style="font-size: 10pt"><B>SIGNATURES</B>


<P align="left" style="font-size: 10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.



<P align="left" style="margin-left:46%; font-size: 10pt">HeartWare Limited


<P align="left" style="font-size: 10pt">Date: December&nbsp;05, 2008



<P align="left" style="margin-left:46%; font-size: 10pt; margin-top: -11pt">By: <U><B>/</B>s/ David McIntyre&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
<BR>
Name: David McIntyre
<BR>
Title: Chief Financial Officer and
<BR>
Chief Operating Officer


<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt; display: none">3




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Filed by Bowne Pure Compliance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 5, 2008
HEARTWARE INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Delaware
000-52595
26-3636023
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
205 Newbury Street
Framingham, MA
01701
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code:
508.739.0950
(Former name or former address if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers
On December 5, 2008, HeartWare, Inc. (the "Company"), a subsidiary of HeartWare International, Inc., entered into
updated and standardized employment agreements with all of its officers, including its Principal Executive Officer
("PEO"), Douglas Godshall, its Principal Financial Officer ("PFO"), David McIntyre and its 2008 Named Executive
Officers ("NEO"), Jeffrey LaRose, James Schuermann and Ramon Paz.
The revised agreements have been structured so as to comply with the requirements of Section 409A of the Internal
Revenue Code of 1986 and follow-on from suggestions from the Company's most recent compensation review which was
undertaken by Frederick W. Cook.
The terms of the agreements include base compensation, discretionary bonus and severance pay provisions. Base
compensation has not been changed for the abovementioned individuals. Vacation, insurance and benefits and other
expenses consistent with Company policy and available to all employees are also included.
Also, on December 5, 2008, David McIntyre's position was renamed Chief Financial Officer and Chief Operating Officer. His
previous title was Chief Financial Officer and Chief Business Officer. He will continue to oversee the finance and
operational functions of the Company.
A brief description of the terms of each arrangement is as follows:
Base
Compensation
Officer
per Annum
Severance
Douglas Godshall
Chief Executive Officer
$
350,000
Equal to one year's base salary
David McIntyre
(1)
Chief Financial Officer and
Chief Operating Officer
$
333,000
Equal to one year's base salary
Jeffrey La Rose
Chief Scientific Officer
$
225,000
Equal to one year's base salary
James Schuermann
Vice President, Sales & Marketing
$
225,000
Equal to six months base salary
Barry Yomtov
(1)
Vice President, Product Development
$
231,000
Equal to six months base salary
(1)
Mr. McIntyre and Mr. Yomtov receive monthly living expense allowances and these amounts are included in Base
Compensation per Annum as set out above.
A copy of each agreement is attached as an exhibit.
Item 9.01 Financial Statements and Exhibits
Exhibit 99.1 Employment Agreement between HeartWare International, Inc. and Douglas Godshall, dated December 5, 2008.
Exhibit 99.2 Employment Agreement between HeartWare International, Inc. and David McIntyre, dated December 5, 2008.
Exhibit 99.3 Employment Agreement between HeartWare International, Inc. and Jeffrey LaRose dated December 5, 2008.
Exhibit 99.4 Employment Agreement between HeartWare International, Inc. and James Schuermann, dated December 5, 2008.
Exhibit 99.5 Employment Agreement between HeartWare International, Inc. and Ramon Paz, dated December 5, 2008.
Exhibit 99.6 Form of Proprietary Information, Confidentiality and Inventions Assignment Agreement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
HeartWare Limited
Date: December 05, 2008
By:
/
s/ David McIntyre
Name: David McIntyre
Title: Chief Financial Officer and
Chief Operating Officer