WJ COMMUNICATIONS INC
EX-10.2
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<DESCRIPTION>EX-10.2
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit 10.2</font></b></p>

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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SECOND AMENDMENT TO<br>
WJ COMMUNICATIONS, INC.<br>
2000 STOCK INCENTIVE PLAN</font></b></p>

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<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This Second
Amendment to the WJ Communications, Inc. (the &#147;Company&#148;) 2000 Stock Incentive
Plan, as amended (the &#147;Stock Incentive Plan&#148;), is made pursuant to Section 10
of the Stock Incentive Plan.</font></p>

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<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The section of
the Stock Incentive Plan, titled &#147;Section 2. Administration,&#148; is hereby amended
to add the following paragraph to the end thereof:</font></p>

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<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;letter-spacing:-.05pt;">&#147;If the Company is a &#147;publicly held corporation&#148; within the meaning of
Section 162(m) of the Code (&#147;162(m)&#148;), the Board may establish a Committee of
&#147;outside directors&#148; within the meaning of 162(m) to approve the grant of any
option which might reasonably be anticipated to result in the payment of
employee remuneration deductible for income tax purposes pursuant to
162(m).&#160; Such Committee shall </font><font style="letter-spacing:-.1pt;">ensure that at any such time the Company meets the
definition of a &#147;publicly held corporation&#148; under Section 162(m), no employee
or prospective employee shall be granted one or more options within any fiscal
year of the Company which in the aggregate are for the purchase of more than
3,000,000 shares (the &#147;162(m) Grant Limit&#148;), subject to the adjustment
provisions set forth in Section 3 below.&#160;
An option which is canceled in the same fiscal year of the Company in
which it was granted shall continue to be counted against the 162(m) Grant
Limit for such period.&#148;</font></font></p>

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<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.05pt;">The final paragraph of the section of the Stock Incentive Plan titled
&#147;Section 3. Common Stock Subject To Plan&#148; is hereby amended and restated in its
entirety and shall read as follows:</font></p>

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<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.05pt;">&#147;In the event of any merger, reorganization, consolidation,
recapitalization, spinoff, stock dividend, stock split, reverse stock split,
extraordinary distribution with respect to the Common Stock or other change in
corporate structure affecting the Common Stock, the Committee or the Board may
make such substitution or adjustment in the aggregate number and kind of shares
or other property subject to the 162(m) Grant Limit, in the aggregate number
and kind of shares or other property reserved for issuance under the Plan, in
the number, kind and exercise price of shares or other property subject to
outstanding Stock Options and Stock Appreciation Rights, in the number and kind
of shares or other property subject to Restricted Stock Awards, and/or such
other equitable substitution or adjustments as it may determine to be fair and
appropriate in its sole discretion; PROVIDED, HOWEVER, that the number of
shares of common stock subject to an Award shall always be a whole number.&#160; Any such adjusted exercise price shall also
be used to determine the amount payable by the Company upon the exercise of any
Stock Appreciation Right associated with any Stock Option.&#148;</font></p>

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<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">All other
terms and conditions of the Stock Incentive Plan remain in full force and
effect.&#160; The Second Amendment to the
Stock Incentive Plan was approved by the Board of Directors on May 29, 2003 and
submitted to the Company&#146;s stockholders for approval in connection with the
Company&#146;s 2003 annual meeting.</font></p>

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