Purchase Note Sample Contracts

PURCHASE NOTE
Purchase 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).

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PURCHASE NOTE
Purchase Note • March 15th, 2005 • American Capital Strategies LTD

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 TWO MILLION SIX HUNDRED SIXTY THOUSAND FIVE HUNDRED SEVENTEEN AND 63/100 DOLLARS ($2,660,517.63), with interest thereon, on the terms and conditions set forth in the Exercise Agreement (as defined herein).

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