THORATEC LABORATORIES CORP
S-4/A, EX-10.4, 2000-12-29
ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS
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                                                                    EXHIBIT 10.4

[THERMO ELECTRON LOGO]

                                                                      MEMORANDUM

To:   Vic Poirier

From: Anne Pol

Date: 12/21/00

Re:   Revision to 7/18/00 Addendum to the Transaction Agreement dated 2/18/00

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In addition to the guaranteed $300,000 minimum transaction bonus referred to in
the 7/18/00 addendum, you will be granted 20,000 restricted shares in the new
entity vesting over three years. This restricted stock will be taken out of
Thermo's ownership of the new entity.


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