High Falls Brewing Company, LLC 445 St. Paul Street Rochester, NY 14605
EXHIBIT
10.61
[ * ] DENOTES EXPURGATED INFORMATION
High Falls Brewing Company, LLC
000 Xx. Xxxx Xxxxxx
Xxxxxxxxx, XX 00000
000 Xx. Xxxx Xxxxxx
Xxxxxxxxx, XX 00000
Xxxxxx X. Xxxxx
Vice President of Operations
The Boston Beer Company, Inc.
One Design Center Xxxxx
Xxxxx 000
Xxxxxx, XX 00000
Vice President of Operations
The Boston Beer Company, Inc.
One Design Center Xxxxx
Xxxxx 000
Xxxxxx, XX 00000
Re: Proposed Amendments to Existing Production Agreement
Dear Xxx:
This will confirm the proposal of High Falls Brewing Company, LLC with respect to amendments to our
existing production arrangements. These proposed amendments are as follows:
1. Increased Committed Volume for [ * ]:
Brewing Capacity - | [ * ] | |||
Annual Brewed Capacity - | [ * ] | |||
Annual Packaged Capacity - | [ * ] |
2. Minimum Volume Requirements for [ * ]: [ * ]
3. Short-Fall Fee for failure to meet [ * ] Minimum Volume Requirement: [ * ]
4. Capital Investments to be made by Boston Beer, if needed:
[ * ]
5. 2008 Manufacturing Fee to increase [ * ].
6. Outstanding Line 2 obligation as of January 1, 2008 to be reduced by [ * ] Estimated balance
due will then be [ * ]. Actual balance will be determined on January 1, 2008.
7. Line 2 accrued liability will become interest free as of [ * ] and will be recouped over the
first [ * ] cases of 2008 and 2009 production in excess of an initial [ * ] cases.
Except for the above, existing production agreement terms and conditions would remain unchanged.
This proposal will expire, if not previously accepted, at 5:00 P.M, EST, on Friday, December 14,
2007.
Sincerely,
High Falls Brewing Company, LLC
By: /s/ Xxxxxx X. Xxxxxx
[ * ] indicates that information has been omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.
VIA UPS OVERNIGHT
December 12, 2007
Xxxxxx X. Xxxxxx, President and Chief Executive Officer
High Falls Brewing Company, LLC
000 Xx. Xxxx Xxxxxx
Xxxxxxxxx, XX 00000
High Falls Brewing Company, LLC
000 Xx. Xxxx Xxxxxx
Xxxxxxxxx, XX 00000
Re: Acceptance of Proposed Amendments to Agreement
Dear Xxxx:
This letter is to advise you that your proposed amendments to our existing production arrangements,
as set forth in the proposal tendered to us on November 30, 2007, a copy of which is attached, are
hereby accepted and that the existing production agreement between High Falls Brewing Company, LLC
and Boston Beer Corporation is now amended accordingly.
Sincerely,
Xxxxxx X. Xxxxx
Vice President of Operations
Vice President of Operations
[ * ] indicates that information has been omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.