ADBE » Topics » CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

This excerpt taken from the ADBE DEF 14A filed Mar 2, 2007.

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Dr. Warnock’s son is employed by Adobe as a project manager. In fiscal 2006, he was paid $84,203 in compensation, bonus and profit sharing plan payments. This does not affect Dr. Warnock’s independence status.

Effective February 26, 2007, Mr. Cannon will become President, Global Operations of Dell Inc. We have an existing relationship with Dell, which is primarily based on our purchase of computer and related equipment from Dell and our receipt of certain royalty payments from Dell. This does not affect Mr. Cannon’s independence status.

We have entered into indemnity agreements with certain officers and directors which provide, among other things, that we will indemnify such officer or director, under the circumstances and to the extent provided for in the agreements, for expenses, damages, judgments, fines and settlements he or she may be required to pay in actions or proceedings which he or she is or may be made a party to by reason of his or her position as a director, officer or other agent of Adobe, and otherwise to the full extent permitted under Delaware law and our bylaws.

Please see “Severance and Change-in-Control Arrangements” for a description of our arrangements with our executive officers.

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This excerpt taken from the ADBE DEF 14A filed Feb 24, 2006.
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Dr. Warnock’s son is employed by Adobe as a project manager. In fiscal 2005, he was paid $87,481 in compensation, bonus and profit sharing plan payments and was granted an option to purchase 600 shares of common stock at an exercise price of $32.42 per share.

We have entered into indemnity agreements with certain officers and directors which provide, among other things, that we will indemnify such officer or director, under the circumstances and to the extent provided for in the agreements, for expenses, damages, judgments, fines and settlements he or she may be required to pay in actions or proceedings which he or she is or may be made a party to by reason of his or her position as a director, officer or other agent of Adobe, and otherwise to the full extent permitted under Delaware law and our bylaws.

Please see “Severance and Change-in-Control Arrangements” for a description of our agreements with Messrs. Brennan, Chizen, Demo, Lamkin, Narayen and Stephens.

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