AMENDMENT NO. 2 TO THE 1992 DIRECTOR STOCK OPTIONS PLAN OF BANYAN SYSTEMS INCORPORATED Subsection 4(a) of the 1992 Director Stock Option Plan (the "Plan") of Banyan Systems Incorporated is hereby amended, subject to stockholder approval to increase from 100,000 to 200,000 the number of shares of Common Stock authorized for issuance under the Plan. Adopted by the Board of Directors on February 27, 1997 Approved by the Stockholders on May 12, 1997