Company: PDEX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001079973-25-001567
Chunk: 63

Company: PRO DEX INC
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 63
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3 Change in Control. Unless otherwise provided by the Committee in the applicable Award Agreement, in the event of a Change in Control,
all Performance Awards for all Award Periods shall immediately become fully vested and payable to all Participants and shall be paid to
Participants in accordance with Section 8.1(d), within 30 days after such Change in Control. The provisions of this Section 8.3
shall not be applicable to any Performance Award granted to a Participant if any Change in Control results from such Participant's beneficial
ownership (within the meaning of Rule 13d-3 under the Exchange Act) of Common Stock or Company Voting Securities.

<div align='center'>ARTICLE IX

OTHER STOCK-BASED AWARDS</div>

9.1 Grant of Other Stock-Based Awards. Other stock-based awards, consisting of stock purchase rights (with or without loans to Participants
by the Company containing such terms as the Committee shall determine), Awards of Common Stock, or Awards valued in whole or in part by
reference to, or otherwise based on, Common Stock or dividends on Common Stock, may be granted either alone or in addition to or in conjunction
with other Awards under the Plan. Subject to the provisions of the Plan, the Committee shall have sole and complete authority to determine
the persons to whom and the time or times at which such Awards shall be made, the number of shares of Common Stock to be granted pursuant
to such Awards, and all other conditions of the Awards. Any such Award shall be confirmed by an Award Agreement executed by the Committee
and the Participant, which Award Agreement shall contain such provisions as the Committee determines to be necessary or appropriate to
carry out the intent of the Plan with respect to such Award.

9.2 Terms of Other Stock-Based Awards. In addition to the terms and conditions specified in the Award Agreement, Awards made pursuant to
this Article IX shall be subject to the following:

(a) Any Common Stock
subject to Awards made under this Article IX may not be sold, assigned, transferred, pledged or otherwise encumbered prior to the
date on which the shares are issued, or, if later, the date on which any applicable restriction, performance or deferral period lapses;
and

(b) If specified
by the Committee in the Award Agreement, the recipient of an Award under this Article IX shall be entitled to receive, currently
or on a deferred basis, interest or dividends or dividend equivalents with respect to the Common Stock or other securities covered by
the Award; and

(c