Company: PDEX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001079973-25-001567
Chunk: 49

Company: PRO DEX INC
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 49
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 total revenue, 
 or revenue growth                       |

| • |     | Net operating profit |

| • |     | Return measures (including, but not limited                                 
 to, return on assets, capital, invested capital, equity, sales, or revenue) |

| • |     | Cash flow (including, but not limited to,                                                            
 operating cash flow, free cash flow, cash flow return on equity, and cash flow return on investment) |

| • |     | Earnings before or after taxes, interest, 
 depreciation, and/or amortization         |

| • |     | Gross or operating margins |

| • |     | Productivity ratios |

| • |     | Share price or relative share price (including,                   
 but not limited to, growth measures and total stockholder return) |

| • |     | Expense targets |

| • |     | Margins |

| • |     | Operating efficiency |

| • |     | Customer retention or satisfaction |

| • |     | Working capital targets |

Without limiting the
generality of the foregoing (and to the degree consistent with Code Section 162(m)), the Committee shall have the authority, at the
time it establishes the performance objectives for any given performance period, to make equitable adjustments in the business criteria
in recognition of unusual or non-recurring events affecting the Company or its operating divisions, in response to changes in applicable
laws or regulations, or to account for items of gain, loss or expense determined to be extraordinary or unusual in nature or infrequent
in occurrence or related to the disposal of a segment of a business or related to a change in generally accepted accounting principles,
or as the Committee determines to be appropriate to reflect a true measurement of the profitability of the Company or its operating divisions,
as applicable and to otherwise satisfy the objectives of the Plan.

2.26 Plan
has the meaning given to such term in Section 1.1.

2.27 Purchase Price, with respect to Options, shall have the meaning set forth in Section 6.1(b).

2.28 Restricted Shares means Common Stock subject to restrictions imposed in connection with Awards granted under Article VII.

| B-4 |

2.29 Restricted Stock Unitmeans a unit representing the right to receive Common Stock or the value thereof in the future subject
to restrictions imposed in connection with Awards granted under Article VII.

2.30 Rule 16b-3
means Rule 16b-3 promulgated by the Securities and Exchange Commission under Section 16 of the Exchange Act, as