exv10w1






EXHIBIT 10.1




CRAFT BREWERS ALLIANCE, INC.




SUMMARY SHEET

OF

DIRECTOR COMPENSATION AND EXECUTIVE CASH COMPENSATION

(JULY 8, 2008)




DIRECTOR COMPENSATION



Non-employee directors of the Company are currently entitled to receive both stock-based and cash
compensation for their service on the board of directors:




Stock-based Compensation:





	 	•	 	Each non-employee director, other than A-B designated directors, is entitled to receive
a grant of common stock of the Company valued at $20,000 upon their election to the board
of directors at the Annual Meeting of Shareholders.





Cash Compensation (to be paid quarterly):





	 	•	 	Each non-employee director is entitled to receive annual board fees of $20,000.
	 
	 	•	 	The Chair of the Audit Committee is entitled to receive additional annual compensation
of $15,000, and the Chairs of each of the Nominating and Governance, Compensation and
Strategy and Integration Committees are entitled to receive additional annual compensation
of $10,000.
	 
	 	•	 	Non-chair members of the Audit Committee are entitled to receive an additional annual
payment of $4,000.
	 
	 	•	 	Non-chair members of the Nominating and Governance, Compensation and Strategy and
Integration Committees are entitled to receive an additional annual payment of $2,000.





EXECUTIVE OFFICER COMPENSATION



The current 2008 base salaries for the Company’s executive officers are:




	 	 	 	 	 
	Terry Michaelson
	 	 	 	 
	Co-Chief Executive Officer
	 	$	215,000	 
	 
	 	 	 	 
	David J. Mickelson
	 	 	 	 
	Co-Chief Executive Officer
	 	$	215,000	 
	 
	 	 	 	 
	Jay T. Caldwell
	 	 	 	 
	Chief Financial Officer and Treasurer
	 	$	180,000	 
	 
	 	 	 	 
	Mark Moreland
	 	 	 	 
	Chief Accounting Officer(1)
	 	$	200,000	 
	 
	 	 	 	 
	Timothy McFall
	 	 	 	 
	Vice President of Marketing
	 	$	170,000	 
	 
	 	 	 	 
	Sebastian Pastore
	 	 	 	 
	Vice President of Brewing Operations and Technology
	 	$	170,000	 
	 
	 	 	 	 
	Martin Wall
	 	 	 	 
	Vice President of Sales
	 	$	162,000	 








 




			
	(1)	 	Mr. Moreland is expected to transition into the position of Chief Financial Officer and
Treasurer of the Company during the third quarter of 2008.





 









 




Executive officers are eligible to receive an annual incentive payment that will be paid upon
achieving certain targets set by the Board of Directors upon the recommendation of the Compensation
Committee. Executive officers may also receive an annual bonus payment at the discretion of the
Board. The maximum discretionary and non-discretionary incentive payments available to these
officers for 2008 is as follows:




	 	 	 	 	 
	Terry Michaelson
	 	 	 	 
	Co-Chief Executive Officer
	 	$	86,000	 
	 
	 	 	 	 
	David J. Mickelson
	 	 	 	 
	Co-Chief Executive Officer
	 	$	86,000	 
	 
	 	 	 	 
	Jay T. Caldwell
	 	 	 	 
	Chief Financial Officer and Treasurer
	 	$	36,000	 
	 
	 	 	 	 
	Mark Moreland
	 	 	 	 
	Chief Accounting Officer
	 	$	60,000	(1)
	 
	 	 	 	 
	Sebastian Pastore
	 	 	 	 
	Vice President of Brewing Operations and Technology
	 	$	34,000	(1)
	 
	 	 	 	 
	Timothy McFall
	 	 	 	 
	Vice President of Marketing
	 	$	35,000	(2)
	 
	 	 	 	 
	Martin Wall
	 	 	 	 
	Vice President of Sales
	 	$	40,000	(2)








 




			
	(1)	 	Bonus amount to be reduced by the total amount, if any, that was (a) paid to the executive as a
bonus prior to the effective date of the merger of the Company with Widmer Brothers Brewing Company
(“Widmer”) or (b) approved for payment to the executive as a bonus for 2008 by the Widmer
Compensation Committee.
	 
	(2)	 	Bonus amount to be reduced by the total amount, if any, that was (a) paid to the executive as a
bonus prior to the effective date of the merger of the Company with Craft Brands Alliance, LLC
(“CBA”) or (b) approved for payment to the executive as a bonus for 2008 by the CBA Compensation
Committee.




Additionally, the Company has agreed to pay to Mr. Michaelson, Mr. McFall and Mr. Wall an amount
equal to the Long Term Bonus earned through December 31, 2007 under their prior employment
agreements with Craft Brands Alliance, LLC, as follows:




	 	 	 
	Terry Michaelson:

	 	2009 Aggregate Payment: $39,515
	 

	 	2010 Aggregate Payment: $35,777
	 

	 	2011 Aggregate Payment: $16,013
	 
	 	 
	Timothy McFall:

	 	2009 Aggregate Payment: $19,757
	 

	 	2010 Aggregate Payment: $17,888
	 

	 	2011 Aggregate Payment: $8,007
	 
	 	 
	Martin Wall:

	 	2009 Aggregate Payment: $19,757
	 

	 	2010 Aggregate Payment: $17,888
	 

	 	2011 Aggregate Payment: $8,007