Document:

Exhibit 10.1

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

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Robert Bucher                                  Option Number:         00001745
[Address]                                      Plan:                  2003

                                               ID:

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Effective 5/5/2006, you have been granted a(n) Non-Qualified Stock Option to buy
65,000 shares (subject to performance objectives) of Adept Technology, Inc. (the
Company) stock at $13.9400 per share.

The total option price of the shares granted is $906,100.00.

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

                Shares         Vest Type         Full Vest         Expiration
                -----------    -------------     -----------       -----------
                      8,125     On Vest Date      11/5/2006*          5/5/2016
                     56,875          Monthly        5/5/2010          5/5/2016

 *subject to compensation committee determination of performance objectives met.

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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.

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Adept Technology, Inc.                     Date

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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.

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.

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.

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, subject to the
         performance objectives discussed in Section 4.A) 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. The number of shares
         subject to the option may be adjusted to reflect the performance
         objectives previously identified by the Compensation Committee to you
         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.

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").

<PAGE>

         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
               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.

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.

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.

NON-TRANSFERABILITY OF OPTION

<PAGE>

         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.

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.

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.

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.

<PAGE>

         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 ROBERT BUCHER 5/06
                            PERFORMANCE OPTION GRANT

TARGET                                                               WEIGHTING

Achieve min, level of Revenue and EBIT (excluding the effect of
 FAS R 123 option costs)                                                     35%

Restructure the Sales force as required for vertical markets and
 key account initiatives                                                     10%

Measure regarding certain specified accounts                                 15%

Hold material progress discussions with specified parties                    20%

Complete specified product development stages                                10%

Complete Europe and US specified internal projects                           10%

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