Second Amendment to Safeguard Scientifics, Inc. 2001 Associates Equity Compensation Plan
This amendment, effective July 28, 2004, modifies the Safeguard Scientifics, Inc. 2001 Associates 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 Christopher J. Davis, Executive Vice President and Chief Administrative and Financial Officer. The change affects how equity compensation is managed for associates, specifically eliminating any plan provisions related to loans.
Exhibit 10.3
EXHIBIT A
SECOND AMENDMENT TO
SAFEGUARD SCIENTIFICS, INC.
2001 ASSOCIATES EQUITY COMPENSATION PLAN
Effective as of July 28, 2004, the Safeguard Scientifics, Inc. 2001 Associates 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
