Document:

Exhibit 10.1

--------------------------------------------------------------------------------

                                               Adept Technology, Inc.
Notice of Grant of Stock Options               ID: 94-2900635
and Option Agreement                           3011 Triad Drive
                                               Livermore, CA 94551

--------------------------------------------------------------------------------

Robert Bucher                                  Option Number:      R00001706
[Address]                                      Plan:               2003

                                               ID:                 00000001667
--------------------------------------------------------------------------------

Effective 8/18/2005, you have been granted a(n) Non-Qualified Stock Option to
buy 50,000 shares of Adept Technology, Inc. (the Company) stock at $8.0000 per
share.

Effective 4/27/06, the Non-Qualified Stock Option shall be exercisable for up to
35,000 shares of Company stock at $8.0000 per share.

The total option price of the shares granted is $280,000.00

Shares in each period will become fully vested on the date shown.

       Shares         Vest Type         Full Vest           Expiration
       ------         ---------         ---------           ----------

        4,375      On Vest Date         4/27/2006            8/18/2015
       30,625           Monthly        10/27/2009            8/18/2015

--------------------------------------------------------------------------------

By your signature and the Company's signature below, you and the Company agree
that these options are granted under and governed by the terms and conditions of
the Company's Stock Option Plan as amended and the Option Agreement, all of
which are attached and made a part of this document.

--------------------------------------------------------------------------------

----------------------------------                              ----------------
Adept Technology, Inc.                                          Date

----------------------------------                              ----------------
Robert Bucher                                                   Date

<PAGE>

                             ADEPT TECHNOLOGY, INC.
                              OPTION AGREEMENT FOR
                               "PERFORMANCE BASED"
                           NONQUALIFIED STOCK OPTIONS

II.  Agreement

The terms of this Option  Agreement apply to any Options granted under the Adept
Technology,  Inc. 2003 Stock Option Plan (the "Plan"),  which are  identified as
nonqualified  stock options and are  evidenced by a Notice of Grant  attached as
Part I of this Option Agreement.

1.   TERMS OF OPTION

          FOR GOOD AND  VALUABLE  CONSIDERATION,  Adept  Technology,  Inc.  (the
          "Company"),  has  granted  to the  Participant  named in the notice of
          grant  attached as Part I of this  Option  Agreement  (the  "Notice of
          Grant") a "performance based" nonqualified stock option (the "Option")
          to purchase up to the number of shares of the  Company's  common stock
          (the  "Common  Stock"),  set  forth in the  Notice  of  Grant,  at the
          purchase  price per share and upon the other  terms and subject to the
          conditions set forth in this Option Agreement (as amended from time to
          time),  including the Notice of Grant,  and the Plan. The  performance
          objectives of these  "performance  based  options"  include  specified
          financial  objectives  (including profits and earnings growth) as well
          as certain  corporate  strategic goals as determined and identified to
          the  Participant  on or before the date  hereof.  For purposes of this
          Option  Agreement,  any  reference  to the  Company  shall  include  a
          reference to any Subsidiary.

2.   NON-QUALIFIED STOCK OPTION

          The Option is not  intended  to be an  incentive  stock  option  under
          Section 422 of the  Internal  Revenue  Code of 1986,  as amended  (the
          "Code") and will be interpreted accordingly.

3.   EXERCISE OF OPTION

          The  Option  shall  not be  exercisable  as of the date the  Option is
          granted (the "Grant Date") set forth in the Notice of Grant. After the
          Grant Date,  to the extent not  previously  exercised,  and subject to
          termination or acceleration  as provided in this Option  Agreement and
          the Plan,  the Option  shall be  exercisable  to the extent it becomes
          vested, as described below, to purchase up to that number of shares of
          Common Stock as set forth in the Notice of Grant provided that (except
          as set forth in Section 4.A below)  Participant  remains employed with
          the Company and does not experience a termination of employment.

<PAGE>

          A.   Vesting

          6/48th of the total number of shares subject to the options shall vest
          on the date on which  Adept's  Compensation  Committee  confirms  that
          specified  performance  objectives  have  been  met.  Thereafter,  the
          Performance Options shall vest at 1/48th of the total number of shares
          subject to the  options per month in equal  installments.  The vesting
          period  and/or  exercisability  of an Option  may be  adjusted  by the
          Administrator to reflect the decreased level of employment  during any
          period in which the  Participant is on an approved leave of absence or
          is  employed  on a less  than  full  time  basis,  provided  that  the
          Administrator may take into consideration any accounting  consequences
          to the Company.

          B.   Exercise

          To  exercise  the  Option  (or any part  thereof),  Participant  shall
          deliver to the Company a "Notice of Exercise"  on a form  specified by
          the  Administrator,  specifying  the number of whole  shares of Common
          Stock Participant  wishes to purchase and how Participant's  shares of
          Common Stock should be registered  (in  Participant's  name only or in
          Participant's and Participant's  spouse's names as community  property
          or as joint tenants with right of survivorship).

          The exercise price per share (the  "Exercise  Price") of the Option is
          set forth in the Notice of Grant.  The Company  shall not be obligated
          to issue any shares of Common Stock until  Participant shall have paid
          the total  Exercise  Price for that number of shares of Common  Stock.
          The  Exercise  Price may be paid in cash or by  certified or cashiers'
          check or by such other method as permitted by the Administrator.

          Fractional shares may not be exercised. Shares of Common Stock will be
          issued as soon as practical after exercise.

          Notwithstanding  the above,  the  Company  shall not be  obligated  to
          deliver any shares of Common  Stock during any period when the Company
          determines  that the  exercisability  of the Option or the delivery of
          shares hereunder would violate any federal,  state or other applicable
          laws,  and  the  Option  may  be  rescinded  if  necessary  to  ensure
          compliance with federal, state or other applicable laws.

4.   EXPIRATION OF OPTION

          Except as  provided  in this  Section 4, the Option  shall  expire and
          cease to be  exercisable  as of the  expiration  date set forth in the
          Notice of Grant in the column  titled  "Expiration"  (the  "Expiration
          Date").

          A.   Upon the date of a termination of the Participant's employment as
               a result  of the  death or Total and  Permanent  Disablement  (as
               defined in the Plan) of the Participant,  the Option shall become
               fully exercisable,  and shall be exercisable by the Participant's
               estate,  heir or beneficiary for a period  commencing on the date
               of termination of the Participant's  employment and expiring upon

<PAGE>

               the earlier of six (6) months  following the date of  termination
               of the  Participant's  employment or the  Expiration  Date of the
               Option.

          B.   Upon Retirement (as defined in the Plan) of the Participant,  (i)
               any  part  of  the  Option  that  is  unexercisable  as  of  such
               Retirement shall remain  unexercisable  and shall terminate as of
               such date,  and (ii)any part of the Option that is exercisable as
               of such  Retirement  shall expire upon the earlier of twelve (12)
               months  following such  Retirement or the Expiration  Date of the
               Option

          C.   Upon the date of a termination  of the  Participant's  employment
               for cause (as determined  under applicable law), the Option shall
               immediately terminate and shall not be exercisable.

          D.   Upon a  termination  of the  Participant's  employment  with  the
               Company for any reason other than the death,  Total and Permanent
               Disablement or Retirement of the  Participant  or for cause,  (i)
               any  part  of  the  Option  that  is  unexercisable  as  of  such
               termination date shall remain  unexercisable  and shall terminate
               as of  such  date,  and  (ii)  any  part  of the  Option  that is
               exercisable  as of such  termination  date shall  expire upon the
               earlier of thirty (30) days following such date or the Expiration
               Date of the Option.

5.   RESTRICTIONS ON RESALES OF OPTION SHARES

          The Company may impose such restrictions, conditions or limitations as
          it determines  appropriate  as to the timing and manner of any resales
          by the Participant or other subsequent transfers by the Participant of
          any shares of Common  Stock  issued as a result of the exercise of the
          Option, including without limitation (a) restrictions under an insider
          trading policy,  (b) restrictions  designed to delay and/or coordinate
          the timing and manner of sales by Participant and other  optionholders
          and (c)  restrictions as to the use of a specified  brokerage firm for
          such resales or other transfers.

6.   INCOME TAXES

          To the extent required by applicable federal,  state, local or foreign
          law,  the  Participant  shall make  arrangements  satisfactory  to the
          Company for the  satisfaction of any withholding tax obligations  that
          arise by reason of an Option  exercise or disposition of shares issued
          as a result of an Option  exercise.  The Company shall not be required
          to issue shares or to recognize the  disposition  of such shares until
          such obligations are satisfied.

7.   NON-TRANSFERABILITY OF OPTION

          The  Participant may not assign or transfer the Option to anyone other
          than by will or the laws of descent  and  distribution  and the Option
          shall  be  exercisable  only  by  the  Participant  during  his or her
          lifetime.  The  Company  may  cancel the  Participant's  Option if the
          Participant attempts to assign or transfer it in a manner inconsistent
          with this Section 7.

<PAGE>

8.   THE PLAN AND OTHER AGREEMENTS

          In addition to the terms of this Option Agreement, the Option shall be
          subject  to the terms of the Plan,  which are  incorporated  into this
          Option  Agreement by this reference.  Capitalized  terms not otherwise
          defined herein shall have the meaning set forth in the Plan.

          This Option  Agreement,  including  the Notice of Grant,  and the Plan
          constitute the entire  understanding  between the  Participant and the
          Company  regarding the Option.  Any prior  agreements,  commitments or
          negotiations concerning the Option are superseded.

9.   LIMITATION OF INTEREST IN SHARES SUBJECT TO OPTION

          Neither the Participant  (individually  or as a member of a group) nor
          any  beneficiary  or  other  person  claiming  under  or  through  the
          Participant shall have any right, title,  interest, or privilege in or
          to any shares of Common Stock allocated or reserved for the purpose of
          the Plan or subject  to the this  Option  Agreement  except as to such
          shares of Common  Stock,  if any,  as shall  have been  issued to such
          person upon  exercise of the Option or any part of it.  Nothing in the
          Plan,  this Option  Agreement,  including the Notice of Grant,  or any
          other instrument  executed  pursuant to the Plan shall confer upon the
          Participant  any right to continue in the Company's  employ or service
          nor  limit  in  any  way  the   Company's   right  to  terminate   the
          Participant's employment at any time for any reason.

10.  GENERAL

          In the event that any  provision of this Option  Agreement is declared
          to be  illegal,  invalid  or  otherwise  unenforceable  by a court  of
          competent jurisdiction, such provision shall be reformed, if possible,
          to the extent necessary to render it legal, valid and enforceable,  or
          otherwise  deleted,  and the remainder of this Option  Agreement shall
          not be  affected  except to the extent  necessary  to reform or delete
          such illegal, invalid or unenforceable provision.

          The headings  preceding  the text of the sections  hereof are inserted
          solely for  convenience of reference,  and shall not constitute a part
          of  this  Option  Agreement,   nor  shall  they  affect  its  meaning,
          construction  or effect.  This  Option  Agreement  shall  inure to the
          benefit of and be binding upon the parties hereto and their respective
          permitted heirs, beneficiaries, successors and assigns.

          All questions  arising  under the Plan or under this Option  Agreement
          shall be  decided  by the  Administrator  in its  total  and  absolute
          discretion.Exhibit 10.2

    SUMMARY OF PERFORMANCE OBJECTIVES APPLICABLE TO PERFORMANCE OPTION GRANT

FINANCIAL                                                              WEIGHTING

|X|  Meet NASDAQ requirement = $1 million operating profit
     FY05                                                                   15%

|X|  Generate specified levels of cash from operations                      15%

|X|  Generate minimum levels of EPS (basic shares)                          30%

FUNCTIONAL

|X|  Define and implement specified corporate alliance programs             10%

|X|  Achieve specific design wins                                           10%

|X|  Plan and implement specified strategies                                10%

|X|  Final definition, schedule, resources plan, and start
     implementation of specific products                                    10%

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}]]