0000950133-09-001588 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 11th, 2009 • Allied Capital Corp

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is entered into by and between John M. Scheurer (“you”) and Allied Capital Corporation (the “Company”), a Maryland corporation, and will be effective on May 5, 2009 (the “Effective Date”). You and the Company shall be referred to collectively as the “Parties.”

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THIRD AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • May 11th, 2009 • Allied Capital Corp

THIS THIRD AMENDMENT (the “Third Amendment”) is entered into by and between Penelope F. Roll (“you”), and Allied Capital Corporation, a Maryland corporation (the “Company”), on May 5, 2009. This Third Amendment shall be effective for all purposes as of May 5, 2009 (the “Effective Date”).

CUSTODIAN AGREEMENT dated as of April 3, 2009 by and between Allied Capital Corporation (“Company”) and U.S. Bank National Association (“Custodian”)
Custodian Agreement • May 11th, 2009 • Allied Capital Corp • Massachusetts

THIS CUSTODIAN AGREEMENT (this “Agreement”) is dated as of April 3, 2009 and is by and between Allied Corporation, a corporation organized under the laws of Maryland (the “Company”), having a business address at 1919 Pennsylvania Avenue NW, Suite 300, Washington, DC 20006 and U.S. Bank National Association (the “Custodian”) a national banking association having a place of business at One Federal Street, Boston, MA 02110.

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