First Amendment to Safeguard Scientifics, Inc. 1999 Equity Compensation Plan

Summary

This amendment, effective July 28, 2004, modifies the Safeguard Scientifics, Inc. 1999 Equity Compensation Plan by removing Section 12, which previously addressed loan provisions. The amendment was approved by the company's Board of Directors and signed by the Executive Vice President and Chief Administrative and Financial Officer. The main change is the elimination of any loan-related terms from the plan.

EX-10.2 3 w99719exv10w2.htm FIRST AMENDMENT TO 1999 EQUITY COMPENSATION PLAN exv10w2  

Exhibit 10.2

EXHIBIT A

FIRST AMENDMENT TO

SAFEGUARD SCIENTIFICS, INC.

1999 EQUITY COMPENSATION PLAN

     Effective as of July 28, 2004, the Safeguard Scientifics, Inc. 1999 Equity Compensation Plan is amended as set forth herein.

     1.       Section 12 of the Plan entitled “Loan Provisions” is hereby deleted in its entirety.

     Amended by the Board of Directors on July 28, 2004.

         
     
  /s/ Christopher J. Davis    
  Christopher J. Davis   
  Executive Vice President and Chief Administrative and Financial Officer   
 

Dated: July 28, 2004