0001104659-01-503377 Sample Contracts

RELEASE AND COVENANTS AGREEMENT
Release and Covenants Agreement • November 14th, 2001 • American Capital Strategies LTD • Maryland

THIS RELEASE AND COVENANTS AGREEMENT (this "Agreement"), is made as of the 7th day of August, 2001, by and between AMERICAN CAPITAL STRATEGIES, LTD., a Delaware corporation with its principal place of business at 2 Bethesda Metro Center, 14th Floor, Bethesda, Maryland 20014 (the "Corporation"), and DAVID J. GLADSTONE, an individual residing at 1161 Crest Lane, McLean, Virginia 22101 ("Gladstone").

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STRATEGIC RELATIONSHIP AGREEMENT
Strategic Relationship Agreement • November 14th, 2001 • American Capital Strategies LTD • Maryland

This STRATEGIC RELATIONSHIP AGREEMENT (this "Agreement") is entered into as of September __, 2001, by and among AMERICAN CAPITAL STRATEGIES, LTD., a Delaware corporation ("ACAS"), and GLADSTONE CAPITAL CORPORATION, a Maryland corporation ("GLAD").

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