EXHIBIT 99.7

                             FOURTH AMENDMENT TO THE
                    PERCEPTRON, INC. 1998 GLOBAL TEAM MEMBER
                                STOCK OPTION PLAN


         Pursuant to the Amendment provisions in Section 9 of the Perceptron,
Inc. 1998 Global Team Member Stock Option Plan ("Plan") and the approval of the
Board of Directors of Perceptron, Inc. ("Company"), the Plan is hereby amended
as set forth below:

         1. Section 4.1 of the Plan (Shares Available for Options) shall be
amended and restated in its entirety to read as follows:


                  4.1 SHARES AVAILABLE FOR OPTIONS. The Board shall reserve a
         total of 1,105,000 shares of Common Stock for purposes of the Plan.

         THIS FOURTH AMENDMENT is hereby adopted as of August 10, 2001.


                                  PERCEPTRON, INC.

                                       By:       A. A. Pease
                                           -------------------------------------

                                           Alfred A. Pease, President and
                                           Chief Executive Officer