0001193125-06-107750 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 10th, 2006 • American Capital Strategies LTD • Maryland

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is entered into as of April 19, 2006 (the “Effective Date”), by and between AMERICAN CAPITAL STRATEGIES, LTD., a Delaware corporation (the “Company”), and Brian Graff (the “Executive”).

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