Company: PDEX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001079973-25-001567
Chunk: 19

Company: PRO DEX INC
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 19
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 with each. The Compensation Committee is responsible for overseeing
the management of risks relating to our executive compensation plans and arrangements. The Audit Committee oversees management of financial
and cyber risks. The Nominating Committee manages risks associated with the independence of our Board and potential conflicts of interest.
While each committee is responsible for evaluating certain risks and overseeing the management of such risks, the entire Board is regularly
informed through committee and management reports about such risks and their mitigation. Our Board believes the division of risk management
responsibilities described above is an effective approach for evaluating and addressing the risks we face and that the structure allows
our Board to exercise effective oversight of the actions of management.

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<div align='center'>COMPENSATION OF EXECUTIVE OFFICERS AND MANAGEMENT</div>

Compensation Committee Procedures

The Compensation Committee
makes its most significant determinations with respect to annual compensation, bonus awards, and new financial and other corporate performance
objectives for executive compensation purposes, at one or more meetings held during the fiscal year for which the targets and compensation
levels are applicable. At various meetings throughout the year, the Compensation Committee also considers matters related to individual
compensation, such as compensation for new executive hires, as well as high-level strategic issues, such as the efficacy of, and any risks
relating to, our compensation strategies, policies and practices, potential modifications to those strategies, policies and practices,
and new trends, plans or approaches to compensation.

Generally, the Compensation
Committee’s process consists of three related elements: (i) the determination of compensation levels, (ii) the approval
of discretionary cash bonus awards based upon Company and personal performance, and (iii) the review and determination of equity incentive
awards. For executive officers other than our CEO, the Compensation Committee solicits and considers evaluations and recommendations submitted
to the Compensation Committee by our CEO. In the case of our CEO, the evaluation of his performance is conducted by the Compensation Committee,
which determines any adjustments to his compensation. Our CEO may not participate in, or be present during, any deliberations or determinations
of the Compensation Committee regarding his compensation. For all executive officers and directors, as part of its deliberations, the
Compensation Committee may review and consider, as appropriate, materials such as financial reports and projections, operational data,
tax and accounting information, tally sheets that set forth the total compensation that may become payable to executive officers in various
hypothetical scenarios, our stock performance data, and analyses of historical