FORM OF NONSTATUTORY STOCK OPTION AGREEMENTForm of Nonstatutory Stock Option Agreement • August 13th, 2010 • Craft Brewers Alliance, Inc. • Malt beverages
THIS NONSTATUTORY STOCK OPTION AGREEMENT (this “Agreement”) is entered into effective as of , 20 (the “Grant Date”), by CRAFT BREWERS ALLIANCE, INC., a Washington corporation (the “Company”), and (the “Optionholder”).
Second Amendment to Master Distributor AgreementMaster Distributor Agreement • August 13th, 2010 • Craft Brewers Alliance, Inc. • Malt beverages • Washington
This Second Amendment to Master Distributor Agreement (this “Amendment”), dated August 6, 2010 (“Effective Date”), between Craft Brewers Alliance, Inc., as successor by merger to Redhook Ale Brewery, Incorporated (“CBAI”), and Anheuser-Busch, Incorporated (“ABI”), amends the Master Distributor Agreement, dated July 1, 2004, between ABI and Redhook Ale Brewery, Incorporated, as amended by the Consent and Amendment, dated July 1, 2008, between Redhook Ale Brewery, Incorporated, Widmer Brothers Brewing Company, Craft Brands Alliance LLC, and ABI (as so amended, the “Master Distributor Agreement”).
LOAN MODIFICATION AGREEMENTLoan Modification Agreement • August 13th, 2010 • Craft Brewers Alliance, Inc. • Malt beverages
This Second Loan Modification Agreement (“Second Modification”) modifies the Loan Agreement dated July 1, 2008 (as amended, the “Agreement”), regarding a revolving line of credit in the maximum principal amount of $15,000,000 and a term loan in the original principal amount of $13,500,000 (the “Facilities”), executed by CRAFT BREWERS ALLIANCE, INC. (“Borrower”) and BANK OF AMERICA, N.A. (“Bank”). Terms used in this Second Modification and defined in the Agreement shall have the meaning given to such terms in the Agreement. For mutual consideration, Borrower and Bank agree to amend the Agreement as follows:
May 26, 2010 Kurt R. Widmer Craft Brewers Alliance, Inc. 929 North Russell Street Portland, OR 97227 Dear Kurt:Craft Brewers Alliance, Inc. • August 13th, 2010 • Malt beverages
The purpose of this letter is to set forth our understanding about your continued employment as Chairman of the Board of Craft Brewers Alliance, Inc. (the “Company”). Effective as of July 1, 2010, this letter supersedes and replaces any agreement regarding your employment by the Company, including, without limitation, your Employment Agreement dated June 30, 2008; provided, however, that this letter does not supersede or replace your Non-Competition/Non-Solicitation Agreement with the Company dated June 30, 2008.
May 26, 2010 Robert P. Widmer Craft Brewers Alliance, Inc. 929 North Russell Street Portland, OR 97227 Dear Rob:Craft Brewers Alliance, Inc. • August 13th, 2010 • Malt beverages
The purpose of this letter is to set forth our understanding about your continued employment as Vice President of Corporate Quality Assurance and Industry Relations of Craft Brewers Alliance, Inc. (the “Company”). Effective as of July 1, 2010, this letter supersedes and replaces any agreement regarding your employment by the Company, including, without limitation, your Employment Agreement dated June 30, 2008; provided, however, that this letter does not supersede or replace your Non-Competition/Non-Solicitation Agreement with the Company dated June 30, 2008.
