We combine analysis of measurements by femtosecond optical spectroscopy, computer simulations, and the generalized Mulliken-Hush (GMH) theory in the study of electron-transfer reactions and electron donor-acceptor interactions. Our focus is on ultrafast photoinduced electron-transfer reactions from aromatic amine solvent donors to excited-state accepters. The experimental results from femtosecond dynamical measurements fall into three categories: six coumarin accepters reductively quenched by N,N-dimethylaniline (DMA), eight electron-donating amine solvents reductively quenching coumarin 152 (7-(dimethylamino)-4-(trifluoromethyl)coumarin), and reductive quenching dynamics of two coumarins by DMA as a function of dilution in the nonreactive solvents toluene and chlorobenzene, Applying a combination of molecular dynamics trajectories, semiempirical quantum mechanical calculations (of the relevant adiabatic electronic states), and GMH theory to the C152/DMA photoreaction, we calculate the electron donor/acceptor interaction parameter H-DA at various time frames. H-DA is strongly modulated by both inner-sphere and outer-sphere nuclear dynamics, leading us to conclude that H-DA must be considered as a dynamical variable.