Summary of Executive Officer Base Salary Compensation for Adept Technology, Inc. (April 2009)
This document outlines the revised annual base salaries for Adept Technology, Inc.'s executive officers, effective April 1, 2009. The officers listed include the President and CEO, Vice President of Finance and CFO, Vice President of Worldwide Sales, and Vice President of Worldwide Operations. The summary specifies each executive's new base salary as approved by the company. No additional terms, conditions, or time limits are detailed beyond the salary adjustments.
EXHIBIT 10.3
Summary of Executive Compensation
The following is a summary of the revised base salary compensation of Adept’s executive officers, approved April 1, 2009.
| Current Executive Officers | Revised Annual Base Salary | ||
| John Dulchinos | |||
| President and Chief Executive Officer | $ | 185,250 | |
| Lisa M. Cummins | |||
| Vice President of Finance and Chief Financial Officer | $ | 176,000 | |
| Joachim Melis | |||
| Vice President of Worldwide Sales | € | 112,000 | |
| David Pap Rocki | |||
| Vice President of Worldwide Operations | $ | 138,110 | |
