Amendment To Non-employee Director Stock Options

Exhibit 10.32


AMENDMENT TO NON-EMPLOYEE DIRECTOR STOCK OPTION PLAN
ADOPTED ON SEPTEMBER 15, 1997


WHEREAS, the Ancor Communications, Incorporated Non-Employee Director Stock Option Plan (the "Plan") provides for the grant of stock options to non-employee directors of the Company; and


WHEREAS, the Plan currently provides that options to purchase 1,000 shares of the Company's Common Stock, par value $.01 per share, shall be automatically granted to each non-employee director of the Company as of the first business day of each calendar year; and


WHEREAS, the Plan currently provides that a total of 15,000 shares of the Company's Common Stock, par value $.01 per share, are available for issuable pursuant to options granted under the Plan; and


WHEREAS, the Board of Directors believes that it is desirable and in the best interest of the Company and its shareholders to amend the Plan to provide that the maximum number of shares of the Company's Common Stock issuable pursuant to options granted under the Plan shall be 300,000 shares; and


WHEREAS, the Board of Directors believes that it is desirable and in the best interest of the Company and its shareholders to amend the Plan to provide that each non-employee director of the Company shall receive an option to purchase 12,000 shares of Common Stock as of the date such individual is elected to the Board of Directors and that each non-employee director shall receive ...