ADEPT TECHNOLOGY, INC. FISCAL 2014 MANAGEMENT INCENTIVE PLAN

The Adept Technology, Inc. Fiscal 2014 Management Incentive Plan (the “Incentive Plan”) is intended to provide performance-based compensation to individuals who make a significant contribution to the financial performance of Adept Technology, Inc. (the “Company”). Incentive Plan objectives are to: (a) focus specific employees on achieving specific performance targets applicable to overall corporate financial performance and specific functional and individual performance where applicable, (b) reinforce a team orientation through collective corporate targets paired with a component of adjustment for specific functional and individual performance where applicable, (c) provide significant award potential for achieving outstanding performance, (d) further align employees’ interests with those of the Company’s stockholders, and (e) enhance the ability of the Company to attract and retain highly talented and competent individuals.

“Annual Corporate Objective” means the annual Corporate Objective, as identified on Annex A.

“Award” means an incentive award, payable in cash, following the Performance Period if the requisite Performance Goals are met as provided under this Incentive Plan pursuant to the terms hereof.

“Board” means the Board of Directors of the Company.

“Change in Control” means, unless the Committee or the Board provides otherwise, the occurrence of any of the following events:

(i)The acquisition by any individual, entity or group (within the meaning of Section 13(d) or 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) (a “Person”) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 50% or more of either (i) the then outstanding Shares (the “Outstanding Company Common Stock”) or (ii) the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”); provided, however, that for purposes of this subsection (i), the following acquisitions will not constitute a Change in Control: (A) any acquisition directly from the Company, (B) any acquisition by the Company, (C) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any corporation controlled by the Company or (D) any acquisition by any corporation pursuant to a transaction that constitutes a Merger of Equals as defined in subsection (iii) of this Section 2(d).

(ii)In any 12-month period, the individuals who, as of the beginning of the 12-month period, constitute the Board (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board of Directors; provided, however, that any individual becoming a director subsequent to the Board’s adoption and approval of this Incentive Plan whose election, or nomination for election by the Company’s shareholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board will be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board of Directors.

(iii)Consummation of a reorganization, merger, statutory share exchange or consolidation or similar corporate transaction involving the Company or any of its subsidiaries (each, a “Business Combination”), in each case, unless such Business Combination constitutes a Merger of Equals. A Business Combination will constitute a “Merger of Equals” if, following such Business Combination, (A) all or substantially all of the individuals and entities that were the beneficial owners, respectively, of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior to such Business Combination beneficially own, directly or indirectly, more than 50% of, respectively, the then outstanding shares of common stock and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Business Combination (including, without limitation, a corporation which as a result of such transaction owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries) (the “Resulting Corporation”) in substantially the same proportions as their ownership, immediately prior to such Business Combination of the Outstanding Company Common Stock and Outstanding Company Voting Securities, as the case may be, (B) no Person (excluding the Resulting Corporation and its affiliates or any employee benefit plan (or related trust) of the Resulting Corporation and its affiliates) beneficially owns, directly or indirectly, 50% or more of, respectively, the then-outstanding shares of common stock of the Resulting Corporation or the combined voting power of the then outstanding voting securities of the Resulting Corporation except to the extent that such ownership existed with respect to the Company prior to the Business Combination, and (C) at least a majority of the members of the board of directors of the Resulting Corporation (the “Resulting Board”) were members of the Incumbent Board at the time of the execution of the initial agreement, or of the action of the Board of Directors, providing for such Business Combination; or

(iv)The sale or other disposition of all or substantially all of the assets of the Company to any Person, other than a transfer to (A) any corporation or other Person of which a majority of its voting power or its voting equity securities or equity interest is owned, directly or indirectly, by the Company or (B) any corporation pursuant to a transaction that constitutes a Merger of Equals as defined in subsection (iii) of this definition.

(v)A complete liquidation or dissolution of the Company.

“Code” means the Internal Revenue Code of 1986, as amended, and the rules and regulations and/or other interpretive authority and guidance issued thereunder.

“Committee” means the Compensation Committee of the Board, or a subcommittee comprised solely of directors who are independent as determined in accordance with applicable laws and regulations.

“Corporate Objectives” means the financial objectives, including threshold, target and stretch amounts, with the applicable weighting and achievement percentages that will be applied to the Participant’s applicable target dollar amounts, all as identified on Annex A.

“Individual Objectives” means the individual performance objectives, with the applicable weighting (if any) that will be applied to the Participant’s applicable target dollar amounts, all as identified on Annex A, provided that attainment of any and all Individual Objectives (and the detailed requirements and definitions therefor) will be as determined by the Chief Executive Officer for all Participants other than the Chief Executive Officer, for which the determination will be made by the Committee.

“Net Cash”, as such term is used in Annex A, means the cash and cash equivalents from the Company’s operations (including any exercise of options in the ordinary course of business), net of indebtedness, and not including any cash or cash equivalents received by the Company in connection with an equity or other financing completed by the Company, on a consolidated basis as determined in accordance with GAAP. Provided that, in the event of an acquisition or divestiture of any company, product line or business by the Company, the Committee may approve a further adjustment to the threshold amount of Net Cash for purposes of the Performance Goals.

“Participants” means the Company’s executive team and certain other key employees as set forth on Annex A. Participants may also include other current or future employees of the Company as may be approved by the Compensation Committee.

“Performance Goals” means the Individual Objectives and the Corporate Objectives, and for the end of the fiscal year, the Annual Corporate Objective, set forth in Annex A.

“Performance Period” means each of fiscal quarters of the fiscal year ending June 30, 2014.

“Shares” means shares of the Company’s common stock, par value $0.001, subject to adjustment.

“Revenue”, as such term is used in Annex A, means the Company’s revenue as determined in accordance with GAAP, which may include the revenue of any acquired business or company. Provided that, in the event of an acquisition or divestiture of any company, product line or business by the Company, the Committee may approve a further adjustment to the threshold amount of Total Revenue for purposes of the Performance Goals.

Subject to Section 3(b), the Award, if any, to be paid will be as determined on the date of the Performance Goal Certification (the “Performance Goal Certification Date”), subject to adjustment for the level of performance of the Annual Corporate Objective, the Corporate Objectives and the applicable Individual Objectives set forth in Annex A. To the extent a Participant’s Award is terminated prior to payment for any reason, such terminated amount may be reallocated to other Participants eligible for an Award, subject to approval by the Committee.

Notwithstanding the authority of the Chief Executive Officer in respect of the Individual Objectives as provided herein, the Committee will be responsible for all decisions and recommendations regarding Incentive Plan administration and retains final authority regarding all aspects of Incentive Plan administration, the resolution of any disputes, the interpretation of the Incentive Plan, and the application of the Incentive Plan in any respect to a Participant. All determinations and interpretations made by the Committee in good faith will not be subject to review by any person and will be final, binding and conclusive on all persons. The Committee may, without notice, amend, suspend or terminate the Incentive Plan.

Whenever payments pursuant to an Award are to be made, the Company will have the right to withhold any applicable federal, state and local taxes required to be paid or withheld. The Company will have the right to withhold from wages or other amounts otherwise payable to such Participant such withholding taxes as may be required by law, or to otherwise require the Participant to pay such withholding taxes. If the Participant fails to make such tax payments as are required, the Company will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to such Participant or to take such other action as may be necessary to satisfy such withholding obligations.

If the Company’s financial statements for the Performance Period are the subject of a restatement due to error or misconduct prior to the fifth anniversary of the Performance Goal Certification Date, to the extent permitted by applicable law, in all appropriate cases, the Company will seek, and all Participants will take such action as required to effect, reimbursement of excess performance compensation issued or paid under the Incentive Plan for the Performance Period. For purposes of this Incentive Plan, excess performance compensation means the positive difference, if any, between (i) the Incentive Plan Award actually paid to the Participant and (ii) the Incentive Plan Award that would have been paid to the Participant had the applicable Performance Goals been calculated based on the Company’s financial statements as restated. The Company will not be required to award any Participant any additional Award hereunder should the restated financial statements result in a higher multiplier as compared to the Performance Goals.

This Incentive Plan was adopted by the Compensation Committee of the Board on August 27, 2013.