Abstract: A socket for positioning and installing an integrated circuit on a circuit board includes multiple contacts mounted in a base, each contacts receiving one of the leads which extend from the sides of the integrated circuit. The contacts include a pair of engagement members which are spread apart by spreader members which are forced between the engagement members by operation of an actuating member which is slidably mounted on the base, thereby permitting installation of the leads within the contacts. Upon release of the actuating member, the contact engagement members return to their initial position and engage on opposite sides of the leads, thus providing an electrical connection between the contacts and the leads. The contacts include offset lips on the upper end thereof which permits the engagement surfaces to deflect without interference with adjacent contacts.