EX-10.5
from 8-K
3 pages
December 15, 2023 Dear Mark: This Letter Agreement Will Confirm That Effective January 1, 2024 You Shall Be a Temporary At-Will Employee of Safeguard Scientifics, Inc. (“Safeguard”) on the Terms and Subject to the Conditions Set Forth in This Letter Agreement. Your Title Shall Be Executive Advisor. Except for Such Position as a Temporary At-Will Employee of Safeguard and as Otherwise Set Forth in This Letter With Respect to the Services You Will Perform Hereunder, You Shall Not Hold Any Other Positions at Safeguard, Its Subsidiaries or Its Portfolio Companies. During Your Service as a Temporary At-Will Employee of Safeguard, You Will Perform the Services as Mutually Agreed to by You and Safeguard From Time to Time. During the Term of This Letter Agreement, You Will Be Paid at a Rate of $400.00 Per Hour. Safeguard Will Reimburse You for Reasonable Expenses Incurred by You in the Performance of Your Service Hereunder Provided That Such Expenses Are Subject to Safeguard’s Then Applicable Expense Reimbursement Policies. Safeguard Shall Pay Your Compensation in Accordance With Safeguard’s Applicable Payroll and Payment Schedules and Such Amounts Will Be Subject to All Applicable Withholding Requirements. Your Eligibility to Participate in All Company-Sponsored Plans That Are Governed by Employee Retirement Income Security Act or 1974, as Amended (“Erisa”), Will Be as Set Forth in Such Plans
12/34/56
EX-10.3
from 8-K
3 pages
December 15, 2023 Dear Eric: This Letter Agreement Will Confirm That Effective January 1, 2024 You Shall Be a Temporary At-Will Employee of Safeguard Scientifics, Inc. (“Safeguard”) on the Terms and Subject to the Conditions Set Forth in This Letter Agreement. Your Title Shall Be Senior Advisor. Except for Such Position as a Temporary At-Will Employee of Safeguard and as Otherwise Set Forth in This Letter With Respect to the Services You Will Perform Hereunder, You Shall Not Hold Any Other Positions at Safeguard, Its Subsidiaries or Its Portfolio Companies. During Your Service as a Temporary At-Will Employee of Safeguard, You Will Perform the Services as Mutually Agreed to by You and Safeguard From Time to Time (The “Hourly Services”). During the Term of This Letter Agreement, You Will Be Paid at a Rate of $400.00 Per Hour for Your Performance of the Hourly Services. Hourly Services Will Be Paid Upon Presentation of Supporting Detail No Later Than the 20 Days After Submission
12/34/56