CEO Eric Salzman enters new employment agreement through Dec 31, 2023; base salary $500K

SAFEGUARD SCIENTIFICS INC

Base salary of $500,000 per year; term runs Jan 1, 2023 to Dec 31, 2023.
Restricted stock grant of 125,000 shares (monthly vesting over term) and performance RSU for 125,000 shares.
Severance: unpaid base salary for remainder of term, COBRA, and equity acceleration upon termination without cause or resignation for good reason.
All unvested equity accelerates upon a Change of Control during the term.
Amends and restates prior employment agreement dated Dec 21, 2021.

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