WORLD HEART CORPORATION

Exhibit 99.2

WORLD HEART CORPORATION

2006 EQUITY INCENTIVE PLAN

FORM OF RESTRICTED STOCK AWARD AGREEMENT

This Restricted Stock Award Agreement(the “Agreement”), dated as of the        day of                       ,        (the “Date of Grant”), is entered into by and between World Heart Corporation (the “Company”) and                        (the “Participant”).

RECITALS

WHEREAS,pursuant to the World Heart Corporation 2006 Equity Incentive Plan (the “Plan”), the Company has determined to make a Restricted Stock Award to the Participant, on the terms and conditions set forth herein (and subject to the terms and provisions of the Plan).

THEREFORE,the parties hereto agree as follows:

In consideration of the above Recitals and the following mutual covenants, and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and the Participant agree that the Participant is hereby granted a Restricted Stock Award on the date hereof and subject to the following terms and conditions:

A. DEFINITIONS.

Capitalized terms not otherwise defined in this Agreement shall have the same meaning as set forth in the Plan.

B. THE STOCK.

The Participant is hereby granted                                 (           ) shares of the Company’s Common Stock (the “Stock”), pursuant to the terms and conditions of this Agreement (the “Restricted Stock”).

C. TERMS AND CONDITIONS OF THE RESTRICTED STOCK GRANT.

1. Restrictions and Restricted Period.

a. Restrictions.  Shares of Restricted Stock granted hereunder may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of and shall be subject to a risk of forfeiture as described in Paragraph 4 below until the lapse of the Restricted Period (as defined below).

b. Restricted Period.  The restrictions set forth above shall lapse and the Restricted Stock shall become fully and freely transferable (provided, that such transfer is otherwise in accordance with federal and state securities laws) and non-forfeitable as to [Insert Vesting Schedule] (the “Restricted Period”).

2. Rights of a Stockholder.  From and after the Date of Grant and for so long as the Restricted Stock is held by or for the benefit of the Participant, the Participant shall have all the rights of a stockholder of the Company with respect to the Restricted Stock, including, but not limited to, the right to receive dividends and the right to vote such shares.

3. Dividends.  Cash dividends paid on Restricted Stock shall be subject to restrictions and a risk of forfeiture to the same extent as the Restricted Stock with respect to which such cash dividend has been paid.  Stock distributed in connection with a stock split or stock dividend, and other property distributed as a dividend, shall be subject to restrictions and a risk of forfeiture to the same extent as the Restricted Stock with respect to which such Stock or other property has been distributed.  Deferred cash and stock dividends shall be paid in cash or stock, in the Board’s discretion, at the end of the Restricted Period.

4. Termination of Participant’s Continuous Service.  If the Participant’s Continuous Service terminates for any reason, then the Restricted Stock, together with any accrued but unpaid dividends that are at that time subject to restrictions set forth herein, shall be forfeited to the Company without payment of any consideration by the Company, and neither the Participant nor any of his successors, heirs, assigns, or personal representatives shall thereafter have any further rights or interests in such shares of Restricted Stock.

5. Certificates.  Restricted Stock granted herein may be evidenced in such manner as the Board shall determine, including a book entry entered in the records of the Company’s transfer agent recording the Participant’s restricted interest in the Restricted Stock.  If certificates representing Restricted Stock are registered in the name of the Participant, then such certificates shall bear an appropriate legend referring to the terms, conditions, and restrictions applicable to such Restricted Stock, and the Company shall retain physical possession of the certificates.

6. Notices.  Any notice required or permitted under this Agreement shall be deemed given when delivered personally, or five (5) days after deposit in the United States mail, postage prepaid, addressed, as appropriate, to the Participant either at his address herein below set forth or such other address as he may designate in writing to the Company, or to the Company at 0000 Xxxxxx Xxxx, Xxxxxxx, XX 00000 or such other address as the Company may designate in writing to the Participant.

7. Failure to Enforce Not a Waiver.  The failure of the Company or the Participant to enforce at any time any provision of this Agreement shall in no way be construed to be a waiver of such provision or of any other provision hereof.

8. Governing Law.  This Agreement shall be governed by and construed according to the laws of the State of Delaware, without regard to such State’s conflict of laws rules.

9. Amendments.  This Agreement may be amended or modified at any time by an instrument in writing signed by the Participant and the Company.

10. Award Not a Service Contract.  This Agreement, and the Restricted Stock Award it evidences, is not an employment or service contract, and nothing herein shall be deemed to create in any way whatsoever any obligation on the part of the Participant to continue in the employ or service of the Company or an Affiliate, or of the Company or an Affiliate to continue such employment or service.

11. Section 83(b) Election.  The Participant hereby acknowledges that he has been informed that, with respect to the Restricted Stock Award, an election may be filed by the him with the Internal Revenue Service, within 30 days following the Date of Grant, electing pursuant to Section 83(b) of the Internal Revenue Code of 1986, as amended (the “Code”), to be taxed currently on the fair market value of the Restricted Stock on the Date of Grant.

THE PARTICIPANT ACKNOWLEDGES THAT IT IS THE PARTICIPANT’S SOLE RESPONSIBILITY AND NOT THE COMPANY’S TO FILE TIMELY THE ELECTION UNDER SECTION 83(b) OF THE CODE.

12. Termination of this Agreement.  Upon termination of this Agreement, all rights of the Participant hereunder shall cease.

13. Governing Plan Document.  The Restricted Stock Award is subject to all of the provisions of the Plan, the provisions of which are hereby made part of the restricted Stock Award, and is further subject to all interpretations, amendments, rules and regulations that may from time to time be promulgated and adopted pursuant to the Plan.  In the event of any conflict between the provisions of the Restricted Stock Award and those of the Plan, the provisions of the Plan shall control.  The Participant hereby acknowledges receipt of the Plan, a copy of which is attached to this Agreement

IN WITNESS WHEREOF,the Company and the Participant have executed this Agreement as of the Date of Grant.

WORLD HEART CORPORATION

By:

The undersigned hereby accepts and agrees to all the terms and provisions of the foregoing Agreement.

By:

Name:

Number of Shares:

Address:

Attachment:  World Heart Corporation 2006 Equity Incentive Plan