Company: PDEX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001079973-25-001567
Chunk: 17

Company: PRO DEX INC
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 17
---
 may conduct one or more interviews
with the candidate. The Nominating Committee may consider all such information in light of information regarding any other candidates
that it might be evaluating for nomination to our Board. The Nominating Committee or other Board members may also contact one or more
references provided by the candidate or may contact other members of the business community or other persons that may have greater first-hand
knowledge of the candidate’s qualifications and accomplishments. With the candidate’s consent, the Nominating Committee may
also engage an outside firm to conduct background checks on the candidate as part of the evaluation process. The Nominating Committee’s
evaluation process does not vary based on the source of the recommendation.

Shareholder nominations for
director should be sent to our Secretary and should include the candidate’s name and qualifications and a statement from the candidate
that he or she consents to being named in the proxy statement and will serve as a director if elected. In order for any such candidate
to be considered for nomination and, if nominated, to be included in our proxy statement, such recommendation must satisfy the requirements
discussed later in this proxy statement under the heading “Proposals of Shareholders.”

In compiling the list of our
Board nominees appearing in this proxy statement, nominee referrals as well as nominee recommendations were received from existing directors
and members of management—both solicited and unsolicited. No paid consultants were engaged by us, our Board or any of our Board’s
committees for the purposes of identifying qualified, interested Board candidates.

| 8 |

Compensation Committee

Our Board has a Compensation Committee that consists of four Board members, Nick (Chairman), Ray, Bill, and Katrina. The Compensation Committee is comprised entirely of non-employee, “independent directors” (as defined in Rule 5605(a)(2) of the Nasdaq Listing Rules) and operates under a written charter adopted by our Board. A copy of the Compensation Committee’s current charter may be found at https://www.pro-dex.com/investors/governance. The Compensation Committee establishes compensation policies applicable to our executive officers and directors. During the fiscal year ended June 30, 2025, the Compensation Committee held one meeting and acted three times by unanimous written consent.

From time to time, various
members of management and other employees, as well as outside advisors or consultants, may be invited by the Compensation Committee to
make presentations, provide financial or other background information or advice, or otherwise participate in Compensation Committee meetings
or executive