IXIA
EX-10.1
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<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;10.1</B>
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>AMENDMENT NO. 2 TO<BR>
IXIA<BR>
2008 EQUITY INCENTIVE PLAN*</B>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;3 of the Ixia 2008 Equity Incentive Plan, as amended, is hereby amended and restated
to read in its entirety as follows:
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%"><B>&#147;3. Shares Reserved.</B>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The maximum aggregate number of Shares reserved for
issuance pursuant to the Plan shall be 11,572,295 Shares (or the
number of shares of stock to which such Shares shall be adjusted as
provided in Section&nbsp;14 of the Plan); <U>provided</U>,
<U>however</U>, that no more than 5,000,000 of such Shares (or the
number of shares of stock to which such Shares shall be adjusted as
provided in Section&nbsp;14 of the Plan) shall be available for issuance
pursuant to Restricted Stock Units and Restricted Stock Awards.
Nothing herein shall be construed as limiting the number of Shares
available for issuance under the Plan as Options or SARs. The
number of Shares reserved for issuance under the Plan may be set
aside out of authorized but unissued Shares not reserved for any
other purpose, or (to the extent permitted under applicable law) out
of issued Shares acquired for and held in the treasury of the
Company from time to time.
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Shares subject to, but not sold or issued under, any Award
terminating, expiring, forfeited or canceled for any reason prior to
issuance of such Shares shall again become available for Awards
thereafter granted under the Plan and the same shall not be deemed
an increase in the number of Shares reserved for issuance under the
Plan.&#148;
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    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Amendment No.&nbsp;2 was approved by the Company&#146;s Board of Directors on March&nbsp;26, 2009 and by the
Company&#146;s shareholders on May&nbsp;28, 2009.</TD>
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