Company: PDEX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001079973-25-001567
Chunk: 59

Company: PRO DEX INC
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 59
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2(d), free of any restrictions set forth in the Plan and the Award Agreement shall be delivered
to the Participant.

(b) Stockholder Rights. Beginning on the Date of Grant of the Restricted Share Award and subject to execution of the Award Agreement as provided
in Section 7.2(a), the Participant shall become a stockholder of the Company with respect to all shares subject to the Award Agreement
and shall have all of the rights of a stockholder, including, but not limited to, the right to vote such shares and the right to receive
dividends; provided, however, that any Common Stock distributed as a dividend or otherwise with respect to any Restricted Shares as to
which the restrictions have not yet lapsed, shall be subject to the same restrictions as such Restricted Shares and held or restricted
as provided in Section 7.2(a).

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(c) Restriction on Transferability. None of the Restricted Shares may be assigned or transferred (other than by will or the laws of descent
and distribution, or to an inter vivos trust with respect to which the Participant is treated as the owner under Sections 671 through
677 of the Code, except to the extent that Section 16 of the Exchange Act limits a Participant's right to make such transfers), pledged
or sold prior to lapse of the restrictions applicable thereto.

(d) Delivery of Shares upon Vesting. Upon expiration or earlier termination of the forfeiture period without a forfeiture and the satisfaction
of or release from any other conditions prescribed by the Committee, or at such earlier time as provided under the provisions of Section 7.4,
the restrictions applicable to the Restricted Shares shall lapse. As promptly as administratively feasible thereafter, subject to
the requirements of Section 10.5, the Company shall deliver to the Participant or, in case of the Participant's death, to the Participant's
Beneficiary, one or more share certificates for the appropriate number of shares of Common Stock, free of all such restrictions, except
for any restrictions that may be imposed by law.

(e) Forfeiture of Restricted Shares. Subject to Sections 7.2(f) and 7.4, all Restricted Shares shall be forfeited and returned to the
Company and all rights of the Participant with respect to such Restricted Shares shall terminate unless the Participant continues in the
service of the Company or a Subsidiary as an employee until the expiration of the forfeiture period for such Restricted Shares and satisfies
any and all other conditions set forth in the