Document:

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                                                                    EXHIBIT 10.1

                              CITRIX SYSTEMS, INC.

                           SECOND AMENDED AND RESTATED
                                 1995 STOCK PLAN

         1. PURPOSE. The purpose of the Citrix Systems, Inc. Amended and
Restated 1995 Stock Plan (the "Plan") is to encourage key employees of Citrix
Systems, Inc. (the "Company") and of any present or future parent or subsidiary
of the Company (collectively, "Related Corporations") and other individuals who
render services to the Company or a Related Corporation, by providing
opportunities to participate in the ownership of the Company and its future
growth through (a) the grant of options which qualify as "incentive stock
options" ("ISOs") under Section 422(b) of the Internal Revenue Code of 1986, as
amended (the "Code"); (b) the grant of options which do not qualify as ISOs
("Non-Qualified Options"); (c) awards of stock in the Company ("Awards"); and
(d) opportunities to make direct purchases of stock in the Company
("Purchases"). Both ISOs and Non-Qualified Options are referred to hereafter
individually as an "Option" and collectively as "Options." Options, Awards and
authorizations to make Purchases are referred to hereafter collectively as
"Stock Rights." As used herein, the terms "parent" and "subsidiary" mean "parent
corporation" and "subsidiary corporation," respectively, as those terms are
defined in Section 424 of the Code.

         2. ADMINISTRATION OF THE PLAN.

                  A. BOARD OR COMMITTEE ADMINISTRATION. The Plan shall be
         administered by the Board of Directors of the Company (the "Board") or
         by a committee appointed by the Board (the "Committee"); provided that
         the Plan shall be administered: (i) to the extent required by
         applicable regulations under Section 162(m) of the Code, by two or more
         "outside directors" (as defined in applicable regulations thereunder)
         and (ii) to the extent required by Rule 16b-3 promulgated under the
         Securities Exchange Act of 1934 or any successor provision ("Rule
         16b-3"), by a disinterested administrator or administrators within the
         meaning of Rule 16b-3. Hereinafter, all references in this Plan to the
         "Committee" shall mean the Board if no Committee has been appointed.
         Subject to ratification of the grant or authorization of each Stock
         Right by the Board (if so required by applicable state law), and
         subject to the terms of the Plan, the Committee shall have the
         authority to (i) determine to whom (from among the class of employees
         eligible under paragraph 3 to receive ISOs) ISOs shall be granted, and
         to whom (from among the class of individuals and entities eligible
         under paragraph 3 to receive Non-Qualified Options and Awards and to
         make Purchases) Non-Qualified Options, Awards and authorizations to
         make Purchases may be granted; (ii) determine the time or times at
         which Options or Awards shall be granted or Purchases made; (iii)
         determine the purchase price of shares subject to each Option or
         Purchase, which prices shall not be less than the minimum price
         specified in paragraph 6; (iv) determine whether each Option granted
         shall be an ISO or a Non-Qualified Option; (v) determine (subject to
         paragraph 7) the time or times when each Option shall become
         exercisable and the duration of the exercise period; (vi) extend

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         the period during which outstanding Options may be exercised; (vii)
         determine whether restrictions such as repurchase options are to be
         imposed on shares subject to Options, Awards and Purchases and the
         nature of such restrictions, if any, and (viii) interpret the Plan and
         prescribe and rescind rules and regulations relating to it. If the
         Committee determines to issue a Non-Qualified Option, it shall take
         whatever actions it deems necessary, under Section 422 of the Code and
         the regulations promulgated thereunder, to ensure that such Option is
         not treated as an ISO. The interpretation and construction by the
         Committee of any provisions of the Plan or of any Stock Right granted
         under it shall be final unless otherwise determined by the Board. The
         Committee may from time to time adopt such rules and regulations for
         carrying out the Plan as it may deem advisable. No member of the Board
         or the Committee shall be liable for any action or determination made
         in good faith with respect to the Plan or any Stock Right granted under
         it.

                  B. COMMITTEE ACTIONS. The Committee may select one of its
         members as its chairman, and shall hold meetings at such time and
         places as it may determine. A majority of the Committee shall
         constitute a quorum and acts of a majority of the members of the
         Committee at a meeting at which a quorum is present, or acts reduced to
         or approved in writing by all the members of the Committee (if
         consistent with applicable state law), shall be the valid acts of the
         Committee. From time to time the Board may increase the size of the
         Committee and appoint additional members thereof, remove members (with
         or without cause) and appoint new members in substitution therefor,
         fill vacancies however caused, or remove all members of the Committee
         and thereafter directly administer the Plan.

                  C. GRANT OF STOCK RIGHTS TO BOARD MEMBERS. Subject to the
         provisions of the first sentence of paragraph 2(A) above, if
         applicable, Stock Rights may be granted to members of the Board. All
         grants of Stock Rights to members of the Board shall in all other
         respects be made in accordance with the provisions of this Plan
         applicable to other eligible persons. Consistent with the provisions of
         the first sentence of Paragraph 2(A) above, members of the Board who
         either (i) are eligible to receive grants of Stock Rights pursuant to
         the Plan or (ii) have been granted Stock Rights may vote on any matters
         affecting the administration of the Plan or the grant of any Stock
         Rights pursuant to the Plan, except that no such member shall act upon
         the granting to himself or herself of Stock Rights, but any such member
         may be counted in determining the existence of a quorum at any meeting
         of the Board during which action is taken with respect to the granting
         to such member of Stock Rights.

         3. ELIGIBLE EMPLOYEES AND OTHERS. ISOs may be granted only to employees
of the Company or any Related Corporation. Non-Qualified Options, Awards and
authorizations to make Purchases may be granted to any employee, officer or
director (whether or not also an employee) or consultant of the Company or any
Related Corporation. The Committee may take into consideration a recipient's
individual circumstances in determining whether to grant a Stock Right. The
granting of any Stock Right to any individual or entity shall neither entitle
that individual or entity to, nor disqualify such individual or entity from,
participation in any other grant of Stock Rights.

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         4. STOCK. The stock subject to Stock Rights shall be authorized but
unissued shares of Common Stock of the Company, par value $0.001 per share (the
"Common Stock"), or shares of Common Stock reacquired by the Company in any
manner. Subject to adjustment as provided in paragraph 13, the aggregate number
of shares which may be issued pursuant to the Plan is 80,000,000 (as adjusted
for stock splits which occurred prior to the amendment and restatement of this
Plan) plus, effective as of January 1, 2001 and each year thereafter, a number
of shares of Common Stock equal to five percent (5%) of the total number of
shares of Common Stock issued and outstanding as of the close of business on
December 31 of the preceding year. If any Stock Right granted under the Plan
shall expire or terminate for any reason without having been exercised in full
or shall cease for any reason to be exercisable in whole or in part or shall be
repurchased by the Company, the shares of Common Stock subject to such Stock
Right shall again be available for grants of Stock Rights under the Plan.
Notwithstanding anything to the contrary in this paragraph 4, no more than an
aggregate of 60,000,000 shares of Common Stock (as adjusted for stock splits
which occurred prior to the amendment and restatement of this Plan) may be
issued pursuant to the exercise of ISOs granted under the Plan (including shares
issued pursuant to the exercise of ISOs granted under the Plan that are the
subject of disqualifying dispositions within the meaning of Sections 421, 422
and 424 of the Code and the regulations thereunder).

         No employee of the Company or any Related Corporation may be granted
Options to acquire, in the aggregate, more than 2,000,000 shares of Common Stock
(as adjusted for stock splits which occurred prior to the amendment and
restatement of this Plan) under the Plan during any fiscal year of the Company.
If any Option granted under the Plan shall expire or terminate for any reason
without having been exercised in full or shall cease for any reason to be
exercisable in whole or in part or shall be repurchased by the Company, the
shares subject to such Option shall be included in the determination of the
aggregate number of shares of Common Stock deemed to have been granted to such
employee under the Plan.

         5. GRANTING OF STOCK RIGHTS. Stock Rights may be granted under the Plan
at any time on or after September 28, 1995 and prior to September 29, 2005. The
date of grant of a Stock Right under the Plan will be the date specified by the
Committee at the time it grants the Stock Right; provided, however, that such
date shall not be prior to the date on which the Committee acts to approve the
grant. Options granted under the Plan are intended to qualify as
performance-based compensation to the extent required under Proposed Treasury
Regulation Section 1.162-27.

         6. MINIMUM OPTION PRICE; ISO LIMITATIONS; OTHER LIMITATIONS.

                  A. PRICE FOR NON-QUALIFIED OPTIONS, AWARDS AND PURCHASES. The
         exercise price per share specified in the agreement relating to each
         Non-Qualified Option granted shall not be less than the fair market
         value per share of Common Stock on the date of such grant, PROVIDED
         HOWEVER, that if option is expressly granted in lieu of a reasonable
         amount of salary or cash bonus, the exercise price per share specified
         in the agreement relating to each such Non-Qualified Option may be
         equal to or greater than 85% of the

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         fair market value per share of Common Stock on the date of such grant.
         The purchase price per share of stock granted in any Award or
         authorized as a Purchase, under the Plan shall in no event be less than
         the minimum legal consideration required therefor under the laws of any
         jurisdiction in which the Company or its successors in interest may be
         organized.

                  B. PRICE FOR ISOs. The exercise price per share specified in
         the agreement relating to each ISO granted under the Plan shall not be
         less than the fair market value per share of Common Stock on the date
         of such grant. In the case of an ISO to be granted to an employee
         owning stock possessing more than ten percent (10%) of the total
         combined voting power of all classes of stock of the Company or any
         Related Corporation, the price per share specified in the agreement
         relating to such ISO shall not be less than one hundred ten percent
         (110%) of the fair market value per share of Common Stock on the date
         of grant. For purposes of determining stock ownership under this
         paragraph, the rules of Section 424(d) of the Code shall apply.

                  C. $100,000 ANNUAL LIMITATION ON ISO VESTING. Each eligible
         employee may be granted Options treated as ISOs only to the extent
         that, in the aggregate under this Plan and all incentive stock option
         plans of the Company and any Related Corporation, ISOs do not become
         exercisable for the first time by such employee during any calendar
         year with respect to stock having a fair market value (determined at
         the time the ISOs were granted) in excess of $100,000. The Company
         intends to designate any Options granted in excess of such limitation
         as Non-Qualified Options.

                  D. DETERMINATION OF FAIR MARKET VALUE. If, at the time an
         Option is granted under the Plan, the Company's Common Stock is
         publicly traded, "fair market value" shall be determined as of the date
         of grant or, if the prices or quotes discussed in this sentence are
         unavailable for such date, the last business day for which such prices
         or quotes are available prior to the date of grant and shall mean (i)
         the average (on that date) of the high and low prices of the Common
         Stock on the principal national securities exchange on which the Common
         Stock is traded, if the Common Stock is then traded on a national
         securities exchange; or (ii) the last reported sale price (on that
         date) of the Common Stock on the Nasdaq Stock Market, if the Common
         Stock is not then traded on a national securities exchange; or (iii)
         the closing bid price (or average of bid prices) last quoted (on that
         date) by an established quotation service for over-the-counter
         securities, if the Common Stock is not reported on the Nasdaq Stock
         Market. If the Common Stock is not publicly traded at the time an
         Option is granted under the Plan, "fair market value" shall mean the
         fair value of the Common Stock as determined by the Committee after
         taking into consideration all factors which it deems appropriate,
         including, without limitation, recent sale and offer prices of the
         Common Stock in private transactions negotiated at arm's length.

                  E. RESTRICTED STOCK LIMITATIONS. Awards of restricted stock
         shall be subject to a vesting schedule of a minimum of three years,
         PROVIDED HOWEVER, that an Award of

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         restricted stock subject to a performance based vesting schedule may be
         subject to a vesting schedule of a minimum of one year.

                  F. PROHIBITION ON REPRICING AND REGRANTS. No Option shall be
         repriced, or terminated and subsequently regranted, at a lower purchase
         price per share than the original grant, without the prior affirmative
         vote of a majority of the shares of stock of the Company present at a
         stockholders' meeting in person or by proxy and entitled to vote
         thereon.

         7. OPTION DURATION. Subject to earlier termination as provided in
paragraphs 9 and 10 or in the agreement relating to such Option, each Option
shall expire on the date specified by the Committee, but not more than (i) ten
years from the date of grant in the case of Options generally and (ii) five
years from the date of grant in the case of ISOs granted to an employee owning
stock possessing more than ten percent (10%) of the total combined voting power
of all classes of stock of the Company or any Related Corporation, as determined
under paragraph 6(B). Subject to earlier termination as provided in paragraphs 9
and 10, the term of each ISO shall be the term set forth in the original
instrument granting such ISO, except with respect to any part of such ISO that
is converted into a Non-Qualified Option pursuant to paragraph 16.

         8. EXERCISE OF OPTION. Subject to the provisions of paragraphs 9
through 12, each Option granted under the Plan shall be exercisable as follows:

                  A. VESTING. The Option shall either be fully exercisable on
         the date of grant or shall become exercisable thereafter in such
         installments as the Committee may specify.

                  B. FULL VESTING OF INSTALLMENTS. Once an installment becomes
         exercisable it shall remain exercisable until expiration or termination
         of the Option, unless otherwise specified by the Committee.

                  C. PARTIAL EXERCISE. Each Option or installment may be
         exercised at any time or from time to time, in whole or in part, for up
         to the total number of shares with respect to which it is then
         exercisable.

                  D. ACCELERATION OF VESTING. The Committee shall have the right
         to accelerate the date that any installment of any Option becomes
         exercisable; provided that the Committee shall not, without the consent
         of an optionee, accelerate the permitted exercise date of any
         installment of any Option granted to any employee as an ISO (and not
         previously converted into a Non-Qualified Option pursuant to paragraph
         16) if such acceleration would violate the annual vesting limitation
         contained in Section 422(d) of the Code, as described in paragraph
         6(C).

         9. TERMINATION OF EMPLOYMENT. Unless otherwise specified in the
agreement relating to such ISO, if an ISO optionee ceases to be employed by the
Company and all Related Corporations other than by reason of death or disability
as defined in paragraph 10, no further

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installments of his or her ISOs shall become exercisable, and his or her ISOs
shall terminate on the earlier of (a) ninety (90) days after the date of
termination of his or her employment, or (b) their specified expiration dates,
except to the extent that such ISOs (or unexercised installments thereof) have
been converted into Non-Qualified Options pursuant to paragraph 16. For purposes
of this paragraph 9, employment shall be considered as continuing uninterrupted
during any bona fide leave of absence (such as those attributable to illness,
military obligations or governmental service) provided that the period of such
leave does not exceed 90 days or, if longer, any period during which such
optionee's right to reemployment is guaranteed by statute. A bona fide leave of
absence with the written approval of the Committee shall not be considered an
interruption of employment under this paragraph 9, provided that such written
approval contractually obligates the Company or any Related Corporation to
continue the employment of the optionee after the approved period of absence.
ISOs granted under the Plan shall not be affected by any change of employment
within or among the Company and Related Corporations, so long as the optionee
continues to be an employee of the Company or any Related Corporation. Nothing
in the Plan shall be deemed to give any grantee of any Stock Right the right to
be retained in employment or other service by the Company or any Related
Corporation for any period of time.

         10. DEATH; DISABILITY.

                  A. DEATH. If an ISO optionee ceases to be employed by the
         Company and all Related Corporations by reason of his or her death, any
         ISO owned by such optionee may be exercised, to the extent otherwise
         exercisable on the date of death, by the estate, personal
         representative or beneficiary who has acquired the ISO by will or by
         the laws of descent and distribution, until the earlier of (i) the
         specified expiration date of the ISO or (ii) 180 days from the date of
         the optionee's death.

                  B. DISABILITY. If an ISO optionee ceases to be employed by the
         Company and all Related Corporations by reason of his or her
         disability, such optionee shall have the right to exercise any ISO held
         by him or her on the date of termination of employment, for the number
         of shares for which he or she could have exercised it on that date,
         until the earlier of (i) the specified expiration date of the ISO or
         (ii) 180 days from the date of the termination of the optionee's
         employment. For the purposes of the Plan, the term "disability" shall
         mean "permanent and total disability" as defined in Section 22(e)(3) of
         the Code or any successor statute.

         11. ASSIGNABILITY. No Stock Right shall be assignable or transferable
by the grantee except by will, by the laws of descent and distribution or, in
the case of Non-Qualified Options only, pursuant to a valid domestic relations
order. Except as set forth in the previous sentence, during the lifetime of a
grantee each Stock Right shall be exercisable only by such grantee.

         12. TERMS AND CONDITIONS OF OPTIONS. Options shall be evidenced by
instruments (which need not be identical) in such forms as the Committee may
from time to time approve. Such instruments shall conform to the terms and
conditions set forth in paragraphs 6 through 11 hereof and may contain such
other provisions as the Committee deems advisable which are not

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inconsistent with the Plan, including restrictions applicable to shares of
Common Stock issuable upon exercise of Options. The Committee may specify that
any Non-Qualified Option shall be subject to the restrictions set forth herein
with respect to ISOs, or to such other termination and cancellation provisions
as the Committee may determine. The Committee may from time to time confer
authority and responsibility on one or more of its own members and/or one or
more officers of the Company to execute and deliver such instruments. The proper
officers of the Company are authorized and directed to take any and all action
necessary or advisable from time to time to carry out the terms of such
instruments.

         13. ADJUSTMENTS. Upon the occurrence of any of the following events, an
optionee's rights with respect to Options granted to such optionee hereunder
shall be adjusted as hereinafter provided, unless otherwise specifically
provided in the written agreement between the optionee and the Company relating
to such Option:

                  A. STOCK DIVIDENDS AND STOCK SPLITS. If the shares of Common
         Stock shall be subdivided or combined subsequent to the amendment and
         restatement of this Plan into a greater or smaller number of shares or
         if the Company shall issue any shares of Common Stock as a stock
         dividend on its outstanding Common Stock, the number of shares of
         Common Stock deliverable upon the exercise of Options shall be
         appropriately increased or decreased proportionately, and appropriate
         adjustments shall be made in the purchase price per share to reflect
         such subdivision, combination or stock dividend.

                  B. CONSOLIDATIONS OR MERGERS. If the Company is to be
         consolidated with or acquired by another entity in a merger, sale of
         all or substantially all of the Company's assets or otherwise (an
         "Acquisition"), the Committee or the board of directors of any entity
         assuming the obligations of the Company hereunder (the "Successor
         Board"), shall, as to outstanding Options, either (i) make appropriate
         provision for the continuation of such Options by substituting on an
         equitable basis for the shares then subject to such Options either (a)
         the consideration payable with respect to the outstanding shares of
         Common Stock in connection with the Acquisition, (b) shares of stock of
         the surviving corporation or (c) such other securities as the Successor
         Board deems appropriate, the fair market value of which shall not
         materially exceed the fair market value of the shares of Common Stock
         subject to such Options immediately preceding the Acquisition; or (ii)
         upon written notice to the optionees, provide that all Options must be
         exercised, to the extent then exercisable, within a specified number of
         days of the date of such notice, at the end of which period the Options
         shall terminate; or (iii) terminate all Options in exchange for a cash
         payment equal to the excess of the fair market value of the shares
         subject to such Options (to the extent then exercisable) over the
         exercise price thereof.

                  C. RECAPITALIZATION OR REORGANIZATION. In the event of a
         recapitalization or reorganization of the Company (other than a
         transaction described in subparagraph B above) pursuant to which
         securities of the Company or of another corporation are issued with
         respect to the outstanding shares of Common Stock, an optionee upon
         exercising an Option shall be entitled to receive for the purchase
         price paid upon such exercise the

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         securities he or she would have received if he or she had exercised
         such Option prior to such recapitalization or reorganization.

                  D. MODIFICATION OF ISOs. Notwithstanding the foregoing, any
         adjustments made pursuant to subparagraphs A, B or C with respect to
         ISOs shall be made only after the Committee, after consulting with
         counsel for the Company, determines whether such adjustments would
         constitute a "modification" of such ISOs (as that term is defined in
         Section 424 of the Code) or would cause any adverse tax consequences
         for the holders of such ISOs. If the Committee determines that such
         adjustments made with respect to ISOs would constitute a modification
         of such ISOs or would cause adverse tax consequences to the holders, it
         may refrain from making such adjustments.

                  E. DISSOLUTION OR LIQUIDATION. In the event of the proposed
         dissolution or liquidation of the Company, each Option will terminate
         immediately prior to the consummation of such proposed action or at
         such other time and subject to such other conditions as shall be
         determined by the Committee.

                  F. ISSUANCES OF SECURITIES. Except as expressly provided
         herein, no issuance by the Company of shares of stock of any class, or
         securities convertible into shares of stock of any class, shall affect,
         and no adjustment by reason thereof shall be made with respect to, the
         number or price of shares subject to Options. No adjustments shall be
         made for dividends paid in cash or in property other than securities of
         the Company.

                  G. FRACTIONAL SHARES. No fractional shares shall be issued
         under the Plan and the optionee shall receive from the Company cash in
         lieu of such fractional shares.

                  H. ADJUSTMENTS. Upon the happening of any of the events
         described in subparagraphs A, B or C above, the class and aggregate
         number of shares set forth in paragraph 4 hereof that are subject to
         Stock Rights which previously have been or subsequently may be granted
         under the Plan shall also be appropriately adjusted to reflect the
         events described in such subparagraphs. The Committee or the Successor
         Board shall determine the specific adjustments to be made under this
         paragraph 13 and, subject to paragraph 2, its determination shall be
         conclusive.

         14. MEANS OF EXERCISING OPTIONS. An Option (or any part or installment
thereof) shall be exercised by giving written notice to the Company at its
principal office address, or to such transfer agent as the Company shall
designate. Such notice shall identify the Option being exercised and specify the
number of shares as to which such Option is being exercised, accompanied by full
payment of the purchase price therefor either (a) in United States dollars in
cash or by check, (b) at the discretion of the Committee, through delivery of
shares of Common Stock having a fair market value equal as of the date of the
exercise to the cash exercise price of the Option, (c) at the discretion of the
Committee, by delivery of the grantee's personal recourse note bearing interest
payable not less than annually at no less than 100% of the lowest applicable
Federal rate, as defined in Section 1274(d) of the Code, (d) at the discretion
of the Committee and consistent with applicable law, through the delivery of an
assignment to the Company of a

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sufficient amount of the proceeds from the sale of the Common Stock acquired
upon exercise of the Option and an authorization to the broker or selling agent
to pay that amount to the Company, which sale shall be at the participant's
direction at the time of exercise, or (e) at the discretion of the Committee, by
any combination of (a), (b), (c) and (d) above. If the Committee exercises its
discretion to permit payment of the exercise price of an ISO by means of the
methods set forth in clauses (b), (c), (d) or (e) of the preceding sentence,
such discretion shall be exercised in writing at the time of the grant of the
ISO in question. The holder of an Option shall not have the rights of a
shareholder with respect to the shares covered by such Option until the date of
issuance of a stock certificate to such holder for such shares. Except as
expressly provided above in paragraph 13 with respect to changes in
capitalization and stock dividends, no adjustment shall be made for dividends or
similar rights for which the record date is before the date such stock
certificate is issued.

         15. TERM AND AMENDMENT OF PLAN. This Plan was adopted by the Board on
September 28, 1995, subject, with respect to the validation of ISOs granted
under the Plan, to approval of the Plan by the stockholders of the Company at
the next Meeting of Stockholders or, in lieu thereof, by written consent. If the
approval of stockholders is not obtained prior to September 28, 1996, any grants
of ISOs under the Plan made prior to that date will be rescinded. The Plan shall
expire at the end of the day on September 27, 2005 (except as to Options
outstanding on that date). Subject to the provisions of paragraph 5 above,
Options may be granted under the Plan prior to the date of stockholder approval
of the Plan. The Board may terminate or amend the Plan in any respect at any
time, except that, without the approval of the stockholders obtained within 12
months before or after the Board adopts a resolution authorizing any of the
following actions: (a) the total number of shares that may be issued under the
Plan may not be increased (except by adjustment pursuant to paragraph 13); (b)
the benefits accruing to participants under the Plan may not be materially
increased; (c) the requirements as to eligibility for participation in the Plan
may not be materially modified; (d) the provisions of paragraph 3 regarding
eligibility for grants of ISOs may not be modified; (e) the provisions of
paragraph 6(B) regarding the exercise price at which shares may be offered
pursuant to ISOs may not be modified (except by adjustment pursuant to paragraph
13); (f) the expiration date of the Plan may not be extended; (g) the Board may
not take any action which would cause the Plan to fail to comply with Rule
16b-3, and (h) the provisions of paragraph 6(F) regarding the prohibition on
repricing and regrant of Options may not be modified. Except as otherwise
provided in this paragraph 15, in no event may action of the Board or
stockholders alter or impair the rights of a grantee, without such grantee's
consent, under any Option previously granted to such grantee.

         16. CONVERSION OF ISOs INTO NON-QUALIFIED OPTIONS. The Committee, at
the written request or with the written consent of any optionee, may in its
discretion take such actions as may be necessary to convert such optionee's ISOs
(or any installments or portions of installments thereof) that have not been
exercised on the date of conversion into Non-Qualified Options at any time prior
to the expiration of such ISOs, regardless of whether the optionee is an
employee of the Company or a Related Corporation at the time of such conversion.
Such actions may include, but shall not be limited to, extending the exercise
period or reducing the exercise price of the appropriate installments of such
ISOs. At the time of such conversion, the

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Committee (with the consent of the optionee) may impose such conditions on the
exercise of the resulting Non-Qualified Options as the Committee in its
discretion may determine, provided that such conditions shall not be
inconsistent with this Plan. Nothing in the Plan shall be deemed to give any
optionee the right to have such optionee's ISOs converted into Non-Qualified
Options, and no such conversion shall occur until and unless the Committee takes
appropriate action.

         17. APPLICATION OF FUNDS. The proceeds received by the Company from the
sale of shares pursuant to Options granted and Purchases authorized under the
Plan shall be used for general corporate purposes.

         18. NOTICE TO COMPANY OF DISQUALIFYING DISPOSITION. By accepting an ISO
granted under the Plan, each optionee agrees to notify the Company in writing
immediately after such optionee makes a Disqualifying Disposition (as described
in Sections 421, 422 and 424 of the Code and regulations thereunder) of any
stock acquired pursuant to the exercise of ISOs granted under the Plan. A
Disqualifying Disposition is generally any disposition occurring on or before
the later of (a) the date two years following the date the ISO was granted or
(b) the date one year following the date the ISO was exercised.

         19. WITHHOLDING OF ADDITIONAL INCOME TAXES. Upon the exercise of a
Non-Qualified Option, the grant of an Award, the making of a Purchase of Common
Stock for less than its fair market value, the making of a Disqualifying
Disposition (as defined in paragraph 18), the vesting or transfer of restricted
stock or securities acquired on the exercise of an Option hereunder, or the
making of a distribution or other payment with respect to such stock or
securities, the Company may withhold taxes in respect of amounts that constitute
compensation includable in gross income. The Committee in its discretion may
condition (i) the exercise of an Option, (ii) the grant of an Award, (iii) the
making of a Purchase of Common Stock for less than its fair market value, or
(iv) the vesting or transferability of restricted stock or securities acquired
by exercising an Option, on the grantee's making satisfactory arrangement for
such withholding. Such arrangement may include payment by the grantee in cash or
by check of the amount of the withholding taxes or, at the discretion of the
Committee, by the grantee's delivery of previously held shares of Common Stock
or the withholding from the shares of Common Stock otherwise deliverable upon
exercise of a Option shares having an aggregate fair market value equal to the
amount of such withholding taxes.

         20. GOVERNMENTAL REGULATION. The Company's obligation to sell and
deliver shares of the Common Stock under this Plan is subject to the approval of
any governmental authority required in connection with the authorization,
issuance or sale of such shares.

         Government regulations may impose reporting or other obligations on the
Company with respect to the Plan. For example, the Company may be required to
send tax information statements to employees and former employees that exercise
ISOs under the Plan, and the Company may be required to file tax information
returns reporting the income received by grantees of Options in connection with
the Plan.

<PAGE>   11
                                      -11-

         21. GOVERNING LAW. The validity and construction of the Plan and the
instruments evidencing Options shall be governed by the laws of the State of
Delaware, or the laws of any jurisdiction in which the Company or its successors
in interest may be organized.

Date Approved by the Board of Directors of the Company:  September 28, 1995
Date Approved by Stockholders of the Company:  October 16, 1995

Date Amendment and Restatement Approved by the Board of Directors
         of the Company:  March 10, 2000
Date Amendment and Restatement Approved by the Stockholders
         of the Company:  May 18, 2000

Date Second Amendment and Restatement Approved by the Board of Directors
         of the Company:  July 27, 2000
No Stockholder approval required<PAGE>   1
                                                                    Exhibit 10.2

                              CITRIX SYSTEMS, INC.

                              AMENDED AND RESTATED
            2000 DIRECTOR AND OFFICER STOCK OPTION AND INCENTIVE PLAN

1.       PURPOSE AND ELIGIBILITY

         The purpose of this 2000 Director and Officer Stock Option and
Incentive Plan (the "PLAN") of Citrix Systems, Inc. (the "COMPANY") is to
provide stock options and other equity interests in the Company (each an
"AWARD") to officers and directors of the Company and its Subsidiaries, all of
whom are eligible to receive Awards under the Plan. Any person to whom an Award
has been granted under the Plan is called a "PARTICIPANT". Additional
definitions are contained in Section 8.

2.       ADMINISTRATION

         a. ADMINISTRATION BY BOARD OF DIRECTORS. The Plan will be administered
by the Board of Directors of the Company (the "BOARD"). The Board, in its sole
discretion, shall have the authority to grant and amend Awards, to adopt, amend
and repeal rules relating to the Plan and to interpret and correct the
provisions of the Plan and any Award. All decisions by the Board shall be final
and binding on all interested persons. Neither the Company nor any member of the
Board shall be liable for any action or determination relating to the Plan.

         b. APPOINTMENT OF COMMITTEES. To the extent permitted by applicable
law, the Board may delegate any or all of its powers under the Plan to one or
more committees or subcommittees of the Board (a "COMMITTEE"). All references in
the Plan to the "BOARD" shall mean such Committee or the Board.

         c. DELEGATION TO EXECUTIVE OFFICERS. To the extent permitted by
applicable law, the Board may delegate to one or more executive officers of the
Company the power to grant Awards and exercise such other powers under the Plan
as the Board may determine, PROVIDED THAT the Board shall fix the maximum number
of Awards to be granted and the maximum number of shares issuable to any one
Participant pursuant to Awards granted by such executive officers.

3.       STOCK AVAILABLE FOR AWARDS

         a. NUMBER OF SHARES. Subject to adjustment under Section 3(c), the
aggregate number of shares of Common Stock of the Company (the "COMMON STOCK")
that may be issued pursuant to the Plan is 4,000,000 shares plus, effective as
of January 1, 2001 and each year thereafter, a number of shares of Common Stock
equal to one-half of one percent (.5%) of the total number of shares of Common
Stock issued and outstanding as of the close of business on December 31 of the
preceding year. Notwithstanding anything to the contrary in this paragraph 3(a),
no more than an aggregate of 3,000,000 shares of Common Stock may be issued
pursuant to the exercise of Incentive Stock Options (as hereinafter defined)
granted under the Plan (including

<PAGE>   2

shares issued pursuant to the exercise of Incentive Stock Options granted under
the Plan that are the subject of disqualifying dispositions within the meaning
of Sections 421, 422 and 424 of the Code and the regulations thereunder). If any
Award expires, or is terminated, surrendered or forfeited, in whole or in part,
the unissued Common Stock covered by such Award shall again be available for the
grant of Awards (other than ISOs) under the Plan. If shares of Common Stock
issued pursuant to the Plan are repurchased by, or are surrendered or forfeited
to, the Company at no more than cost, such shares of Common Stock shall again be
available for the grant of Awards under the Plan. Shares issued under the Plan
may consist in whole or in part of authorized but unissued shares or treasury
shares.

         b. PER-PARTICIPANT LIMIT. Subject to adjustment under Section 3(c), no
Participant may be granted Awards during any one fiscal year to purchase more
than 1,000,000 shares of Common Stock.

         c. ADJUSTMENT TO COMMON STOCK. In the event of any stock split, stock
dividend, extraordinary cash dividend, recapitalization, reorganization, merger,
consolidation, combination, exchange of shares, liquidation, spin-off, split-up,
or other similar change in capitalization or event, (i) the number and class of
securities available for Awards under the Plan and the per-Participant share
limit, (ii) the number and class of securities, vesting schedule and exercise
price per share subject to each outstanding Option, (iii) the repurchase price
per security subject to repurchase, and (iv) the terms of each other outstanding
stock-based Award shall be adjusted by the Company (or substituted Awards may be
made) to the extent the Board shall determine, in good faith, that such an
adjustment (or substitution) is appropriate.

4.       STOCK OPTIONS

         a. GENERAL. The Board may grant options to purchase Common Stock (each,
an "OPTION") and determine the number of shares of Common Stock to be covered by
each Option, the exercise price of each Option and the conditions and
limitations applicable to the exercise of each Option and the Common Stock
issued upon the exercise of each Option, including vesting provisions,
repurchase provisions and restrictions relating to applicable federal or state
securities laws, as it considers advisable.

         b. INCENTIVE STOCK OPTIONS. An Option that the Board intends to be an
"incentive stock option" as defined in Section 422 of the Code (an "INCENTIVE
STOCK OPTION") shall be granted only to employees of the Company and shall be
subject to and shall be construed consistently with the requirements of Section
422 of the Code. The Board and the Company shall have no liability if an Option
or any part thereof that is intended to be an Incentive Stock Option does not
qualify as such. An Option or any part thereof that does not qualify as an
Incentive Stock Option is referred to herein as a "NONSTATUTORY STOCK OPTION.

         c. EXERCISE PRICE. The exercise price per share specified in the
applicable option agreement relating to each Option granted shall not be less
than the fair market value per share of Common Stock on the date of such grant,
PROVIDED HOWEVER, that if a Non-Qualified Option is expressly granted in lieu of
a reasonable amount of salary or cash bonus, the exercise price per

                                      -2-
<PAGE>   3

share specified in the applicable option agreement may be equal to or greater
than 85% of the fair market value per share of Common Stock on the date of such
grant.

         d. DURATION OF OPTIONS. Each Option shall be exercisable at such times
and subject to such terms and conditions as the Board may specify in the
applicable option agreement.

         e. EXERCISE OF OPTION. Options may be exercised only by delivery to the
Company of a written notice of exercise signed by the proper person together
with payment in full as specified in Section 4(f) for the number of shares for
which the Option is exercised.

         f. PAYMENT UPON EXERCISE. Common Stock purchased upon the exercise of
an Option shall be paid for by one or any combination of the following forms of
payment:

                  (i)  by check payable to the order of the Company;

                  (ii) except as otherwise explicitly provided in the applicable
option agreement, and only if the Common Stock is then publicly traded, delivery
of an irrevocable and unconditional undertaking by a creditworthy broker to
deliver promptly to the Company sufficient funds to pay the exercise price, or
delivery by the Participant to the Company of a copy of irrevocable and
unconditional instructions to a creditworthy broker to deliver promptly to the
Company cash or a check sufficient to pay the exercise price; or

                  (iii) to the extent explicitly provided in the applicable
option agreement, by (x) delivery of shares of Common Stock owned by the
Participant valued at fair market value (as determined by the Board or as
determined pursuant to the applicable option agreement), (y) delivery of a
promissory note of the Participant to the Company (and delivery to the Company
by the Participant of a check in an amount equal to the par value of the shares
purchased), or (z) payment of such other lawful consideration as the Board may
determine.

         g. PROHIBITION ON REPRICING AND REGRANTS. No Option shall be repriced,
or terminated and subsequently regranted, at a lower purchase price per share
than the original grant, without the prior affirmative vote of a majority of the
shares of stock of the Company present at a stockholders' meeting in person or
by proxy and entitled to vote thereon.

5.       RESTRICTED STOCK

         a. GRANTS. The Board may grant Awards entitling recipients to acquire
shares of Common Stock, subject to (i) delivery to the Company by the
Participant of a check in an amount at least equal to the par value of the
shares purchased, and (ii) the right of the Company to repurchase all or part of
such shares at their issue price or other stated or formula price from the
Participant in the event that conditions specified by the Board in the
applicable Award are not satisfied prior to the end of the applicable
restriction period or periods established by the Board for such Award (each, a
"RESTRICTED STOCK AWARD").

                                      -3-
<PAGE>   4

         b. TERMS AND CONDITIONS. The Board shall determine the terms and
conditions of any such Restricted Stock Award, except that all Restricted Stock
Awards shall be subject to a vesting schedule of a minimum of three years,
PROVIDED HOWEVER, that a Restricted Stock Award subject to a performance based
vesting schedule may be subject to a vesting schedule of a minimum of one year.
Any stock certificates issued in respect of a Restricted Stock Award shall be
registered in the name of the Participant and, unless otherwise determined by
the Board, deposited by the Participant, together with a stock power endorsed in
blank, with the Company (or its designee). After the expiration of the
applicable restriction periods, the Company (or such designee) shall deliver the
certificates no longer subject to such restrictions to the Participant or, if
the Participant has died, to the beneficiary designated by a Participant, in a
manner determined by the Board, to receive amounts due or exercise rights of the
Participant in the event of the Participant's death (the "DESIGNATED
BENEFICIARY"). In the absence of an effective designation by a Participant,
Designated Beneficiary shall mean the Participant's estate.

6.       OTHER STOCK-BASED AWARDS

         The Board shall have the right to grant other Awards based upon the
Common Stock having such terms and conditions as the Board may determine,
including, without limitation, the grant of shares based upon certain
conditions, the grant of securities convertible into Common Stock and the grant
of stock appreciation rights, phantom stock awards or stock units, except that
all other Awards shall be subject to a vesting schedule of a minimum of three
years, PROVIDED HOWEVER, that other Awards subject to a performance based
vesting schedule may be subject to a vesting schedule of a minimum of one year.

7.       GENERAL PROVISIONS APPLICABLE TO AWARDS

         a. TRANSFERABILITY OF AWARDS. Except as the Board may otherwise
determine or provide in an Award, Awards shall not be sold, assigned,
transferred, pledged or otherwise encumbered by the person to whom they are
granted, either voluntarily or by operation of law, except by will or the laws
of descent and distribution, and, during the life of the Participant, shall be
exercisable only by the Participant. References to a Participant, to the extent
relevant in the context, shall include references to authorized transferees.

         b. DOCUMENTATION. Each Award under the Plan shall be evidenced by a
written instrument in such form as the Board shall determine or as executed by
an officer of the Company pursuant to authority delegated by the Board. Each
Award may contain terms and conditions in addition to those set forth in the
Plan PROVIDED THAT such terms and conditions do not contravene the provisions of
the Plan.

         c. BOARD DISCRETION. The terms of each type of Award need not be
identical, and the Board need not treat Participants uniformly.

         d. TERMINATION OF STATUS. The Board shall determine the effect on an
Award of the disability, death, retirement, authorized leave of absence or other
change in the employment or other status of a Participant and the extent to
which, and the period during which, the Participant,

                                      -4-
<PAGE>   5

or the Participant's legal representative, conservator, guardian or Designated
Beneficiary, may exercise rights under the Award.

         e. WITHHOLDING. Each Participant shall pay to the Company, or make
provisions satisfactory to the Company for payment of, any taxes required by law
to be withheld in connection with Awards to such Participant no later than the
date of the event creating the tax liability. The Board may allow Participants
to satisfy such tax obligations in whole or in part by transferring shares of
Common Stock, including shares retained from the Award creating the tax
obligation, valued at their fair market value (as determined by the Board or as
determined pursuant to the applicable option agreement). The Company may, to the
extent permitted by law, deduct any such tax obligations from any payment of any
kind otherwise due to a Participant.

         f. AMENDMENT OF AWARDS. The Board may amend, modify or terminate any
outstanding Award including, but not limited to, substituting therefor another
Award of the same or a different type, changing the date of exercise or
realization, and converting an Incentive Stock Option to a Nonstatutory Stock
Option, PROVIDED THAT the Participant's consent to such action shall be required
unless the Board determines that the action, taking into account any related
action, would not materially and adversely affect the Participant.

         g. CONDITIONS ON DELIVERY OF STOCK. The Company will not be obligated
to deliver any shares of Common Stock pursuant to the Plan or to remove
restrictions from shares previously delivered under the Plan until (i) all
conditions of the Award have been met or removed to the satisfaction of the
Company, (ii) in the opinion of the Company's counsel, all other legal matters
in connection with the issuance and delivery of such shares have been satisfied,
including any applicable securities laws and any applicable stock exchange or
stock market rules and regulations, and (iii) the Participant has executed and
delivered to the Company such representations or agreements as the Company may
consider appropriate to satisfy the requirements of any applicable laws, rules
or regulations.

         h. ACCELERATION. The Board may at any time provide that any Options
shall become immediately exercisable in full or in part, that any Restricted
Stock Awards shall be free of some or all restrictions, or that any other
stock-based Awards may become exercisable in full or in part or free of some or
all restrictions or conditions, or otherwise realizable in full or in part, as
the case may be, despite the fact that the foregoing actions may (i) cause the
application of Sections 280G and 4999 of the Code if a change in control of the
Company occurs, or (ii) disqualify all or part of the Option as an Incentive
Stock Option.

8.       MISCELLANEOUS

         a.  DEFINITIONS.

                  (i) "COMPANY," for purposes of eligibility under the Plan,
shall include any present or future subsidiary corporations of Citrix Systems,
Inc., as defined in Section 424(f) of the Code (a "SUBSIDIARY"), and any present
or future parent corporation of Citrix Systems, Inc., as defined in Section
424(e) of the Code. For purposes of Awards other than Incentive Stock

                                      -5-
<PAGE>   6

Options, the term "COMPANY" shall include any other business venture in which
the Company has a direct or indirect significant interest, as determined by the
Board in its sole discretion.

                  (ii) "CODE" means the Internal Revenue Code of 1986, as
amended, and any regulations promulgated thereunder.

                  (iii) "EMPLOYEE" for purposes of eligibility under the Plan
(but not for purposes of Section 4(b)) shall include a person to whom an offer
of employment has been extended by the Company.

         b. NO RIGHT TO EMPLOYMENT OR OTHER STATUS. No person shall have any
claim or right to be granted an Award, and the grant of an Award shall not be
construed as giving a Participant the right to continued employment or any other
relationship with the Company. The Company expressly reserves the right at any
time to dismiss or otherwise terminate its relationship with a Participant free
from any liability or claim under the Plan.

         c. NO RIGHTS AS STOCKHOLDER. Subject to the provisions of the
applicable Award, no Participant or Designated Beneficiary shall have any rights
as a stockholder with respect to any shares of Common Stock to be distributed
with respect to an Award until becoming the record holder thereof.

         d. EFFECTIVE DATE AND TERM OF PLAN. The Plan shall become effective on
the date on which it is adopted by the Board. No Awards shall be granted under
the Plan after the completion of ten years from the date on which the Plan was
adopted by the Board, but Awards previously granted may extend beyond that date.

         e. AMENDMENT OF PLAN. The Board may amend, suspend or terminate the
Plan or any portion thereof at any time, except that, without the approval of
the stockholders obtained within 12 months before or after the Board adopts a
resolution authorizing any of the following actions: (a) the total number of
shares that may be issued under the Plan may not be increased (except by
adjustment pursuant to Section 3(c)); (b) the benefits accruing to participants
under the Plan may not be materially increased; (c) the requirements as to
eligibility for participation in the Plan may not be materially modified; (d)
the provisions of Section 4(b) regarding eligibility for grants of ISOs may not
be modified; (e) the provisions of section 4(c) regarding the exercise price at
which shares may be offered pursuant to ISOs may not be modified (except by
adjustment pursuant to Section 3(c)); (f) the expiration date of the Plan may
not be extended; (g) the Board may not take any action which would cause the
Plan to fail to comply with Rule 16b-3 and (h) the provisions of Section 4(g)
regarding the prohibition on repricing and regrant of Options may not be
modified. Except as otherwise provided in this Section 8(e), in no event may
action of the Board or stockholders alter or impair the rights of a grantee,
without such grantee's consent, under any Option previously granted to such
grantee.

                                      -6-
<PAGE>   7

         f. GOVERNING LAW. The provisions of the Plan and all Awards made
hereunder shall be governed by and interpreted in accordance with the laws of
the State of Delaware, without regard to any applicable conflicts of law.

                            Adopted by the Board of Directors on March 10, 2000
                            Approved by the stockholders on May 18, 2000

                            Amendment and Restatement Adopted by the Board of
                              Director on July 27, 2000
                            No stockholder approval required

                                      -7-

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