Item 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

(e) On May 19, 2009, effective June 1, 2009, the Management Development, Compensation and Stock Option Committee (the "Committee") of Perceptron, Inc. (the "Company") approved an increase in the base salary of Harry T. Rittenour, President and Chief Executive Officer, from $230,000 to $300,000.

On May 19, 2009, effective June 1, 2009, the Committee awarded Mr. Rittenour non-qualified options to purchase 20,000 shares of the Company's Common Stock, under the 2004 Stock Incentive Plan to be issued on the current form of the Non-Qualified Stock Option Agreement Terms for Officers. The option will become exercisable in four equal annual installments beginning June 1, 2010 at an exercise price equal to the fair market value of the Company's Common Stock as of June 1, 2009.