Company: PDEX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001079973-25-001567
Chunk: 68

Company: PRO DEX INC
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 68
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 the Committee, or any other person in the
interpretation of any of the terms of the Plan, any Award granted under the Plan or any rule or procedure established by the Committee.

| B-14 |

10.12 Compliance with Rule 16b-3. It is intended that, unless the Committee determines otherwise, Awards under the Plan be eligible for
exemption under Rule 16b-3. The Board is authorized to amend the Plan and to make any such modifications to Award Agreements to comply
with Rule 16b-3, as it may be amended from time to time, and to make any other such amendments or modifications as it deems necessary
or appropriate to better accomplish the purposes of the Plan in light of any amendments made to Rule 16b-3.

10.13 Captions.
The captions (i.e., all Section headings) used in the Plan are for convenience only, do not constitute a part of the Plan, and shall not
be deemed to limit, characterize or affect in any way any provisions of the Plan, and all provisions of the Plan shall be construed as
if no captions have been used in the Plan.

10.14 Severability.
Whenever possible, each provision in the Plan and every Award at any time granted under the Plan shall be interpreted in such manner as
to be effective and valid under applicable law, but if any provision of the Plan or any Award at any time granted under the Plan shall
be held to be prohibited by or invalid under applicable law, then (a) such provision shall be deemed amended to accomplish the objectives
of the provision as originally written to the fullest extent permitted by law and (b) all other provisions of the Plan and every
other Award at any time granted under the Plan shall remain in full force and effect.

10.15 Amendment and Termination.

(a) Amendment.
The Board shall have complete power and authority to amend the Plan at any time; provided, however, that the Board shall not, without
the requisite affirmative approval of shareholders of the Company, make any amendment which requires shareholder approval under the Code
or under any other applicable law or rule of any stock exchange which lists Common Stock or Company Voting Securities. No termination
or amendment of the Plan may, without the consent of the Participant to whom any Award shall theretofore have been granted under the Plan,
adversely affect the right of such individual under such Award.

(b) Termination.
The Board shall have the right and the power to terminate the Plan