VIEWCAST COM INC
S-8 POS, EX-10.1, 2000-10-16
RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
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                                                                    EXHIBIT 10.1

            VIEWCAST.com, INC. 1995 STOCK OPTION PLAN AMENDMENT NO. 1

     Section 3 of the ViewCast.com, Inc. 1995 Stock Option Plan is hereby
amended to read as follows:

     "3. Stock Subject to the Plan. Subject to the provisions of Section 12 of
the Plan, the maximum aggregate number of shares which may be optioned and sold
under the Plan is 5,900,000 shares of Common Stock. The shares may be
authorized, but unissued, or reacquired Common Stock.

     If an Option or Stock Purchase Right expires or becomes unexercisable
without having been exercised in full, or is surrendered pursuant to an option
exchange program, the unpurchased Shares which were subject thereto shall become
available for future grant or sale under the Plan (unless the Plan has
terminated); provided, however, that Shares that have actually been issued under
the Plan, whether upon exercise of an Option or Right, shall not be returned to
the Plan and shall not become available for future distribution under the Plan,
except that if Shares of Restricted Stock are repurchased by the Company at
their original purchase price, and the original purchaser of such Shares did not
receive any benefits of ownership such Shares, such Shares shall become
available for future grant under the Plan. For purposes of the preceding
sentence, voting rights shall not be considered a benefit of Share ownership."


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