Company: PDEX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001079973-25-001567
Chunk: 29

Company: PRO DEX INC
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 29
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 by the following graph, the amount
of CAP for 2023, 2024 and 2025 and is generally aligned with our net income over the three years presented in the table. However, as noted
above, a significant portion of the CAP is comprised of equity awards, and therefore this may not always be the case.

| 15 |

Compensation of Directors

In
May 2016, our Board approved the following compensation plan for our non-employee directors:

| · | A cash fee of $18,000 per fiscal year, paid quarterly in arrears; and |

| · | An additional cash fee of $7,000 per fiscal year for the Audit Committee 
 Chair, paid quarterly in arrears.                                        |

The
following table details the fees earned by our non-employee directors during fiscal 2025.

| Name                   |     | Fees Earned or      
 Paid in Cash(1) ($) |        |     | Total 
 ($)   |        |
|:-----------------------|:----|:--------------------|-------:|:----|:------|-------:|
| David C. Hovda         |     | $                   | 25,000 |     | $     | 25,000 |
| Raymond E. Cabillot    |     | $                   | 18,000 |     | $     | 18,000 |
| William J. Farrell III |     | $                   | 18,000 |     | $     | 18,000 |
| Katrina M.K. Philp     |     | $                   | 18,000 |     | $     | 18,000 |
| Nicholas J. Swenson    |     | $                   | 18,000 |     | $     | 18,000 |

| (1) | The cash amount reported in this column represents amounts earned during                                             
 fiscal 2025. All amounts were paid in fiscal 2025 except for the 4th quarter accrual, which was paid in fiscal 2026. |

The
Compensation Committee granted each non-employee director 1,000 restricted shares which vest ratably 200 shares per year over a five-year
period beginning November 20, 2025.

<div align='center'>EQUITY COMPENSATION PLAN INFORMATION</div>

The
following table provides information as of June 30, 2025 with respect to shares of Common Stock that may be issued under the Company’s
equity compensation