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ADEP > SEC Filings for ADEP > Form 8-K on 6-Feb-2014All Recent SEC Filings

Show all filings for ADEPT TECHNOLOGY INC



Entry into a Material Definitive Agreement, Financial Statements and Exhibit

Item 1.01/Item 5.02. Entry Into a Material Definitive Agreement; Compensatory Arrangements.

On February 5, 2014, the Board of Directors (the "Board") of Adept Technology, Inc. approved the revision of the annual cash retainer amounts paid to non-employee members of the Board and to Board Committee members and Chairs effective commencing the third quarter of fiscal 2014. The revised cash compensation reflects amounts that are generally the same or less than retainer amounts in effect prior to the Board's November 2012 reduction of director cash compensation.

A summary of the material terms of the revised non-employee director compensation disclosed above is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

Exhibit 10.1 Summary of Director Compensation.

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