0001024739-99-000417 Sample Contracts

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Exhibit 10.16 PURCHASE NOTE
American Capital Strategies LTD • July 9th, 1999

FOR VALUE RECEIVED, the undersigned, Malon Wilkus (the "Optionee"), hereby promises to pay to AMERICAN CAPITAL STRATEGIES, LTD., and its successors and assigns (the "Holder"), the principal sum of ONE MILLION EIGHT HUNDRED SIXTY-EIGHT THOUSAND FIVE HUNDRED EIGHTEEN DOLLARS ($1,868,518), with interest thereon, on the terms and conditions set forth in the Exercise Agreement (as defined herein).

PURCHASE NOTE
American Capital Strategies LTD • July 9th, 1999

FOR VALUE RECEIVED, the undersigned, Stephen L. Hester (the "Optionee"), hereby promises to pay to AMERICAN CAPITAL STRATEGIES, LTD., and its successors and assigns (the "Holder"), the principal sum of THREE HUNDRED THOUSAND DOLLARS ($300,000), with interest thereon, on the terms and conditions set forth in the Exercise Agreement (as defined herein).

PURCHASE NOTE
Purchase Note • July 9th, 1999 • American Capital Strategies LTD

FOR VALUE RECEIVED, the undersigned, Roland Cline (the "Optionee"), hereby promises to pay to AMERICAN CAPITAL STRATEGIES, LTD., and its successors and assigns (the "Holder"), the principal sum of TWO MILLION NINE HUNDRED FORTY FOUR THOUSAND SEVEN HUNDRED TWELVE DOLLARS ($2,944,712), with interest thereon, on the terms and conditions set forth in the Exercise Agreement (as defined herein).

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