Confidential Agreement and General Release (March 1st, 2007)
This Confidential Agreement and General Release ("Agreement") is between ANHEUSER-BUSCH INCORPORATED, a Missouri corporation with its principal offices at One Busch Place, St. Louis, Missouri, 63118, its parent, affiliates, subsidiaries, successors and assigns (collectively "Anheuser-Busch"), and JAMES F. HOFFMEISTER of 6902 Christopher Drive, St. Louis, Missouri 63129 ("Hoffmeister").
Contract (May 19th, 2004)
EXHIBIT 10 TERM SHEET ANHEUSER-BUSCH, INCORPORATED/REDHOOK ALE BREWERY, INCORPORATED Anheuser-Busch, Incorporated ("ABI"), or its designee, to transfer to Redhook, Ale Brewery, Incorporated ("Redhook") 1,289,872 shares of Series B Preferred Stock. In exchange, Redhook to issue and deliver to ABI, or its designee, shares of common stock that, together with the common stock already held by ABI and its designees, represent approximately 34% of the outstanding common stock. Additionally, Redhook to make a cash payment of $2,000,000 to ABI on or prior to December 1, 2004. The exchange would extinguish the right of ABI to obligate Redhook to redeem the Series B Preferred Stock. ABI and Redhook to amend the existing distribution agreement. The distribution agreement to expire on December 31, 2024, subject to the right of ABI to terminate the distribution agreement on December 31,