R E C I T A L SSplit Dollar Agreement • November 15th, 1999 • American Capital Strategies LTD • Maryland
PURCHASE NOTEPurchase Note • November 15th, 1999 • American Capital Strategies LTD
FOR VALUE RECEIVED, the undersigned, DAVID J. GLADSTONE (the "Optionee"), hereby promises to pay to AMERICAN CAPITAL STRATEGIES, LTD., and its successors and assigns (the "Holder"), the principal sum of NINE MILLION FOUR HUNDRED SIXTY-SIX THOUSAND TWO HUNDRED THIRTY-TWO AND 91/100 DOLLARS ($9,466,232.91), with interest thereon, on the terms and conditions set forth in the Exercise Agreement (as defined herein).
Exhibit 10.2 OPTIONEE: David J. Gladstone DATE OF EXERCISE: August 6, 1999 OPTION PRICE: $15.00 COVERED SHARES: 608,782 AMERICAN CAPITAL STRATEGIES, LTD. 1997 STOCK OPTION PLAN STOCK OPTION EXERCISE AGREEMENT 1. Definitions. In this Agreement, except...Split Dollar Agreement • November 15th, 1999 • American Capital Strategies LTD • Maryland
