Danzig-
That upgrade socket is probably for a math co-processor, SX33, DX25, DX33, DX2-50, Dx2-66 or possibly a DX4-75 ODP, DX4-100 ODP, Pentium Overdrive Processors at 63 or 83 mhz. Normally there is one jumper that disables the on board CPU when you plug in another. This board undoubtedly is for 5 volt CPUs only, and the ODPs have a built in voltage regulator to reduce the voltage to 3.3? that the faster CPUs need.
I have a Compaq mini tower with a PODP 83 that is in the herd. Not many mobos will truly support that animal. The 486DX2-66 would probably be your best bet for an upgrade, as they are cheap and plentiful. The 486 ODP (Overdrive Processors) are a little hard to come by, but will probably work perfectly. I have a 486DX4-100 ODP in my collection that I paid $45 for about 3 years ago. It sure jazzed up that Packard Bell DX2-50!
Did you want to use it to crack RC5?
viz