SAFEGUARD SCIENTIFICS, INC. Dividend Equivalent Grant Agreement (Employee)Dividend Equivalent Grant Agreement • April 10th, 2018 • Safeguard Scientifics Inc • Investors, nec
This grant of dividend equivalents is made as part of the Performance Unit or Stock Unit grant, as applicable (the “Award(s)”) awarded by Safeguard Scientifics, Inc., a Pennsylvania corporation (the “Company”), to the grantees as described below (the “Grantee(s)”). All capitalized terms used but not defined herein shall have the meanings as set forth in the Safeguard Scientifics, Inc. 2014 Equity Compensation Plan, as amended and restated March 5, 2014 (the “Plan”).
SAFEGUARD LOGO) Suite 200 Radnor, PA 19087 (FAX) 610.293.0601General Release and Agreement • April 10th, 2018 • Safeguard Scientifics Inc • Investors, nec • Pennsylvania
You previously entered into an employment letter, dated December 3, 2008, as amended most recently on December 28, 2012, (the “Prior Agreement”) with Safeguard Scientifics, Inc. (“Safeguard”) and commenced employment with Safeguard on or after the date of the Prior Agreement (the actual date your employment began is herein referred to as your “Commencement Date”). In order to reflect your appointment as President and Chief Executive Officer of Safeguard, effective on July 1, 2018 (the “Effective Date”), for a term ending December 31, 2020 (the “Term”), this New Agreement will replace the Prior Agreement, which is then terminated. At the end of the Term, your employment may then continue on an at-will basis, upon mutual agreement.
