Company: PDEX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001079973-25-001567
Chunk: 69

Company: PRO DEX INC
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 69
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 at any time. No Award shall be granted under the Plan after the
termination of the Plan, but the termination of the Plan shall not have any other effect and any Award outstanding at the time of the
termination of the Plan may be exercised after termination of the Plan at any time prior to the expiration date of such Award to the same
extent such Award would have been exercisable had the Plan not terminated.

10.16 Foreign Qualified Awards. Awards under the Plan may be granted to such employees of the Company and its Subsidiaries who are residing
in foreign jurisdictions as the Committee in its sole discretion may determine from time to time. The Committee may adopt such supplements
to the Plan as may be necessary or appropriate to comply with the applicable laws of such foreign jurisdictions and to afford Participants
favorable treatment under such laws; provided, however, that no Award shall be granted under any such supplement with terms or conditions
inconsistent with the provision set forth in the Plan.

10.17 Dividend Equivalents. For any Award granted under the Plan, the Committee shall have the discretion, upon the Date of Grant or thereafter,
to establish a Dividend Equivalent Account with respect to the Award, and the applicable Award Agreement or an amendment thereto shall
confirm such establishment. If a Dividend Equivalent Account is established, the following terms shall apply:

(a) Terms and Conditions. Dividend Equivalent Accounts shall be subject to such terms and conditions as the Committee shall determine and
as shall be set forth in the applicable Award Agreement. Such terms and conditions may include, without limitation, for the Participant's
Account to be credited as of the record date of each cash dividend on the Common Stock with an amount equal to the cash dividends which
would be paid with respect to the number of shares of Common Stock then covered by the related Award if such shares of Common Stock had
been owned of record by the Participant on such record date.

(b) Unfunded Obligation. Dividend Equivalent Accounts shall be established and maintained only on the books and records of the Company and
no assets or funds of the Company shall be set aside, placed in trust, removed from the claims of the Company's general creditors, or
otherwise made available until such amounts are actually payable as provided hereunder.

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10.18 Adjustment of Performance Goals and Targets. Notwithstanding any provision of the Plan to the contrary, the Committee shall have the authority
to adjust any Performance Goal, performance target or other performance-based criteria established with respect to