Company: PDEX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001079973-25-001567
Chunk: 70

Company: PRO DEX INC
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 70
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 any Award under the
Plan if circumstances occur (including, but not limited to, unusual or nonrecurring events, changes in tax laws or accounting principles
or practices or changed business or economic conditions) that cause any such Performance Goal, performance target or performance-based
criteria to be inappropriate in the judgment of the Committee; provided, that with respect to any Award that is intended to qualify for
the "performance-based compensation" exception under Section 162(m) of the Code and the regulations thereunder, any adjustment
by the Committee shall be consistent with the requirements of Section 162(m) and the regulations thereunder.

10.19 Legality of Issuance. Notwithstanding any provision of the Plan or any applicable Award Agreement to the contrary, the Committee shall
have the sole discretion to impose such conditions, restrictions and limitations (including suspending exercises of Options or Stock Appreciation
Rights and the tolling of any applicable exercise period during such suspension) on the issuance of Common Stock with respect to any Award
unless and until the Committee determines that such issuance complies with (i) any applicable registration requirements under the
Securities Act of 1933 or the Committee has determined that an exemption there from is available, (ii) any applicable listing requirement
of any stock exchange on which the Common Stock is listed, and (iii) any other applicable provision of state, federal or foreign
law, including foreign securities laws where applicable.

10.20 Restrictions on Transfer. Regardless of whether the offering and sale of Common Stock under the Plan have been registered under the Securities
Act of 1933 or have been registered or qualified under the securities laws of any state, the Company may impose restrictions upon the
sale, pledge, or other transfer of such Common Stock (including the placement of appropriate legends on stock certificates) if, in the
judgment of the Company and its counsel, such restrictions are necessary or desirable to achieve compliance with the provisions of the
Securities Act of 1933, the securities laws of any state, the United States or any other applicable foreign law.

10.21 Further Assurances. As a condition to receipt of any Award under the Plan, a Participant shall agree, upon demand of the Company, to
do all acts and execute, deliver and perform all additional documents, instruments and agreements which may be reasonably required by
the Company, to implement the provisions and purposes of the Plan.

10.22 Clawback/Repayment.
All Awards shall be subject to reduction, cancellation, forfeiture or rec