EXHIBIT 10.1


                                AMENDMENT TO THE
                             FORWARD AIR CORPORATION
                      1999 STOCK OPTION AND INCENTIVE PLAN


         This is an Amendment of the Forward Air Corporation 1999 Stock Option
and Incentive Plan (the "Plan"). Under Section 17 of the Plan, the Board of
Directors (the "Board") is authorized to amend the Plan, with the approval of
the shareholders of the Company. Accordingly, the Board hereby amends the Plan
effective as stated below in the following particulars.

                                       1.

         SECTION 4 OF THE PLAN IS AMENDED BY DELETING THE SECOND PARAGRAPH OF
SUCH SECTION IN ITS ENTIRETY.

                                       2.

         SECTION 5 OF THE PLAN IS AMENDED BY DELETING SUCH SECTION IN ITS
ENTIRETY AND REPLACING IT WITH THE FOLLOWING NEW SECTION 5:

                  5.       STOCK.

                           The maximum number of shares of Common Stock reserved
                  for the grant of awards under the Plan shall be 3,000,000
                  subject to adjustment as provided in Section 11 hereof. Such
                  shares may, in whole or in part, be authorized but unissued
                  shares or shares that shall have been or may be reacquired by
                  the Company. No Grantees shall be eligible to receive awards
                  relative to shares of Common Stock which exceed 300,000 shares
                  in any fiscal year.

                           If any outstanding award under the Plan should, for
                  any reason, expire or be canceled, forfeited, or terminated,
                  without having been exercised in full, the shares of Common
                  Stock allocable to the unexercised, canceled, forfeited, or
                  terminated portion of such award shall (unless the Plan shall
                  have been terminated) become available for subsequent grants
                  of awards under the Plan.

                                       3.

         SECTION 6(f)(i) OF THE PLAN IS AMENDED BY INSERTING THE FOLLOWING
SENTENCE AT THE END OF SUCH SECTION:

                  If an Incentive Stock Option is exercised after the expiration
                  of the exercise periods that apply for purposes of Section 422
                  of the Code, such Option will thereafter be treated as a
                  Non-Qualified Stock Option.



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                                       4.

         ALL PARTS OF THE PLAN NOT INCONSISTENT HEREWITH ARE HEREBY RATIFIED AND
CONFIRMED.


         This Amendment to the Plan is adopted to be effective as of the
approval of said amendment by the shareholders of the Company, and the Company
has caused this Amendment to be executed by its duly authorized officer.


                                           FORWARD AIR CORPORATION


                                           By: /s/ Andrew Clarke
                                           Name: Andrew Clarke
                                           Title: CFO












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