On July 23, 2008, the Board of Directors (the "Board") of Abaxis, Inc. (the "Company") amended the Abaxis, Inc. 2005 Equity Incentive Plan (the "Incentive Plan") to increase the number of shares authorized for issuance under the Incentive Plan by 500,000 shares to a total of 5,386,000 shares. The shareholders of the Company approved the amendment to the Incentive Plan at the 2008 Annual Meeting of Shareholders on October 28, 2008.
The Incentive Plan, as amended, is attached to this Current Report on Form 8-K as Exhibit 10.1.

Exhibit
Number            Description

Exhibit 10.1      Abaxis, Inc. 2005 Equity Incentive Plan, as amended through
                  October 28, 2008

1.