EXHIBIT D: SUBSCRIPTION AGREEMENT AND LETTER OF INVESTMENT INTENT BETWEEN GRANITE CITY FOOD & BREWERY LTD. AND BLUESTEM CAPITAL PARTNERS III LIMITED PARTNERSHIP EXECUTED NOVEMBER 25, 2002Subscription Agreement • December 2nd, 2002 • Granite City Food & Brewery LTD • Retail-eating places • Minnesota
THIS AGREEMENT, made effective as of the 22nd day of November, 2002, between Granite City Food & Brewery Ltd., formerly Founders Food & Firkins Ltd., a Minnesota corporation (the “Company”), and Bluestem Capital Partners III Limited Partnership, a South Dakota limited partnership.
