PROVIDIAN FINANCIAL CORP
EXHIBIT 10.9.2
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NAME="ki1316_exhibit_10.9.2"> </A>
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<BR></FONT><FONT SIZE=2><B>Exhibit&nbsp;10.9.2    <BR>  </B></FONT></P>

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<BR></FONT><FONT SIZE=2><B>PROVIDIAN FINANCIAL CORPORATION<BR>  <BR>    AMENDMENT NO. 2<BR>  TO 1999 NON-OFFICER EQUITY INCENTIVE PLAN    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This </FONT><FONT SIZE=2><B>AMENDMENT NO.&nbsp;2 TO 1999 NON-OFFICER EQUITY INCENTIVE PLAN</B></FONT><FONT SIZE=2> is adopted this
27<SUP>th</SUP> of September, 2001 with respect to the 1999 Non-Officer Equity Incentive Plan adopted on May&nbsp;11, 1999, as supplemented and amended by the 1999
Non-Officer Equity Incentive Plan UK Sub-Plan and First Amendment to the Providian Financial Corporation Non-Officer Equity Incentive Plan adopted on
June&nbsp;29, 1999 (as so supplemented and amended, the "Plan"). </FONT></P>

<P><FONT SIZE=2><B>1.&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><FONT SIZE=2><B>AMENDMENT TO PLAN.  </B></FONT></P>

<UL>

<P><FONT SIZE=2>Section&nbsp;4(a)
of the Plan is hereby amended to read as follows in its entirety: </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><B>(a)&nbsp;&nbsp;Share Reserve</B></FONT><FONT SIZE=2>. Subject to the provisions of Section&nbsp;11 relating to adjustments upon changes in Common Stock, the
Common Stock that may be issued pursuant to Stock Awards shall not exceed in the aggregate nine million (9,000,000) shares of Common Stock. </FONT></P>


<P><FONT SIZE=2>Except
as amended hereby, the Plan remains in full force and effect. </FONT></P>

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<P><FONT SIZE=2><B>2.&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><FONT SIZE=2><B>EFFECTIVE DATE OF AMENDMENT.  </B></FONT></P>

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<P><FONT SIZE=2>This
Amendment shall become effective as of the date of its adoption. </FONT></P>

</UL>

<P><FONT SIZE=2><B>3.&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><FONT SIZE=2><B>CHOICE OF LAW.  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
law of the State of California shall govern all questions concerning the construction, validity and interpretation of this Amendment, without regard to such state's conflict of laws
rules. </FONT></P>

<P><FONT SIZE=2><B>4.&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><FONT SIZE=2><B>EXECUTION.  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Human Resources Committee of the Board of Directors of Providian Financial Corporation (the "Company"), pursuant to the authority delegated to such Committee pursuant to
Section&nbsp;3(c) of the Plan, has adopted this Amendment as of the date and year first above written. To evidence the adoption of this Amendment by the Committee, the Company has caused its duly
authorized officer to execute this Amendment on behalf of the Company. </FONT></P>

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<TD COLSPAN=5><FONT SIZE=2><B>PROVIDIAN FINANCIAL CORPORATION</B></FONT></TD>
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&nbsp;</B></FONT></TD>
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<TD WIDTH="4%"><BR><FONT SIZE=2>By</FONT></TD>
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<TD COLSPAN=3><FONT SIZE=2><BR>
/s/&nbsp;&nbsp;</FONT><FONT SIZE=2>F. WARREN MCFARLAN</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE></TD>
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<TD WIDTH="8%"><FONT SIZE=2>Name:</FONT></TD>
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<TD WIDTH="41%"><FONT SIZE=2>F. Warren McFarlan</FONT></TD>
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<TD WIDTH="8%"><FONT SIZE=2>Title:</FONT></TD>
<TD WIDTH="1%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="41%"><FONT SIZE=2><I>Chairman of the Human Resources Committee<BR>
Providian Financial Corporation</I></FONT></TD>
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<FONT SIZE=2><A HREF="#toc_ki1316_2">PROVIDIAN FINANCIAL CORPORATION AMENDMENT NO. 2 TO 1999 NON-OFFICER EQUITY INCENTIVE PLAN</A></FONT><BR>

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