Adobe 1999 Annual Report Download - page 38

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PART III
Item 10. Directors and Executive Officers of the Registrant
DIRECTORS
You will find information regarding Directors in the section captioned ‘‘Election of Directors’’
appearing in the definitive Proxy Statement to be delivered to stockholders in connection with the Annual
Meeting of Stockholders to be held on April 26, 2000. Such information is incorporated herein by
reference.
EXECUTIVE OFFICERS
You will find information with respect to executive officers in Item 1. Business of this report.
Item 11. Executive Compensation
You will find this information in the section captioned ‘‘Executive Compensation’’ appearing in the
definitive Proxy Statement to be delivered to stockholders in connection with the Annual Meeting of
Stockholders to be held on April 26, 2000. Such information is incorporated herein by reference.
Item 12. Security Ownership of Certain Beneficial Owners and Management
You will find this information in the section captioned ‘‘Security Ownership of Certain Beneficial
Owners and Management’’ which will appear in the definitive Proxy Statement we will deliver to our
stockholders in connection with our Annual Meeting of Stockholders to be held April 26, 2000. We are
incorporating that information here by reference.
Item 13. Certain Relationships and Related Transactions
During fiscal 1999, we entered into two separate loan agreements with Graham Freeman, an executive
officer of Adobe, to assist with his relocation to San Jose, California. The first loan in the amount of
$550,000 was repaid to us on December 31, 1999. The second loan, in the amount of $1.0 million, is
interest-free and is secured by Mr. Freeman’s principal residence. Under the terms of the agreement,
Mr. Freeman is required to repay this loan at $200,000 per year for the next five years, beginning
December 2000. In addition, the loan must be repaid in full within thirty days of any termination of his
employment.
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