Schedule of Executive Officer Compensation

by Adept
August 31st, 2015

Exhibit 10.20

Schedule of Executive Officer Compensation

The following is a summary of the compensation of the executive officers of Adept Technology, Inc. (the “Company”) effective commencing July 1, 2015 and in effect as of the date of filing of the Company’s Annual Report on Form 10-K.

 

Current Executive Officers

   Annual Base
Salary
     Fiscal 2015
Incentive
Compensation
 

Other Annual
Compensation (2)

Rob Cain

President and Chief Executive Officer

   $ 350,000       (1)   Health care coverage; long- term disability and group term life insurance excess premiums; 401(k) match
       

Seth Halio

Chief Financial Officer

   $ 255,000       (1)   Health care coverage; long- term disability and group term life insurance excess premiums; 401(k) match
       

Terry Hannon

Chief Business Development and Strategy

Officer

   $ 275,000       (1)   Health care coverage; long- term disability and group term life insurance excess premiums; 401(k) match

(1) Pursuant to participation in, and subject to terms of, the Fiscal 2016 Management Incentive Plan.

(2) Other benefits to be provided by the Company to the identified executive officer. Equity awards have been granted to the executive officers pursuant to option agreements and restricted stock unit agreements, the forms of which have been approved by the Compensation Committee and filed with the Securities and Exchange Commission.