IXIA
S-1/A, EX-10.1.1, 2000-09-27
INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS
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<PAGE>   1
                                                                  EXHIBIT 10.1.1


                               AMENDMENT NO. 4 TO
                               IXIA COMMUNICATIONS
                             1997 STOCK OPTION PLAN



               Section 3 of the Ixia Communications 1997 Stock Option Plan is
hereby amended to read in its entirety as follows:

               "3.    SHARES RESERVED.

                      The maximum aggregate number of Shares reserved for
               issuance pursuant to the Plan shall be 17,000,000 Shares or the
               number of shares of stock to which such Shares shall be adjusted
               as provided in Section 12 of the Plan; provided, however, that at
               no time shall the total number of shares issuable upon exercise
               of all outstanding options and the total number of shares
               provided for under any stock bonus or similar plan of the Company
               exceed the applicable percentage as calculated in accordance with
               the conditions and exclusions set forth in Section 260.140.45 of
               the California Code of Regulations, based on the shares of the
               Company which are outstanding at the time the calculation is
               made. Such number of Shares may be set aside out of authorized
               but unissued Shares not reserved for any other purpose, or out of
               issued Shares acquired for and held in the treasury of the
               Company from time to time.

                      Shares subject to, but not sold or issued under, any
               Option terminating, expiring or canceled for any reason prior to
               its exercise in full shall again become available for Options
               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."


Dated:  September 1, 2000







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