Exhibit
10.1


 


EVANS
BREWING COMPANY, INC.


UNSECURED
PROMISSORY NOTE


 


	$250,000	July
    27, 2016
	 	Santa
    Ana, California


 


For
value received, the undersigned, EVANS BREWING COMPANY, INC a Delaware Corporation (the “Company”), promises to pay
Michael J. Rapport (“Lender”) the principal sum of TWO HUNDRED FIFTY THOUSAND DOLLARS ($250,000), together with all
accrued and unpaid interest thereon, in legal tender of the United States of America, on the following terms:


 





		1.	Interest
                                         – Interest shall accrue on the unpaid principal balance outstanding from time
                                         to time at the rate of four percent (4%) per annum (computed on the basis of the 365-day
                                         year) from the date hereof until this note is paid.



		2.	Maturity
                                         – Unless this note is earlier repaid in full, the entire principal balance
                                         of this Note, together with all accrued and unpaid interest therein, shall be due and
                                         payable on July 27, 2017.



		3.	Prepayment
                                         -- Prepayment of this note, together with all accrued and unpaid interest, may be
                                         made in whole or in part at any time without penalty.



		4.	Unsecured
                                         Obligations. This note is unsecured and the Company’s obligations under this
                                         note are not subject to any security interest of the Lender or any security agreement.



		5.	Default
                                         -- In the event of default, Lender agrees to pay all expenses of collection and enforcement
                                         of this note, including reasonable attorney fees, expert witness fees and other out of
                                         pocket costs and expenses (whether or not an action is instituted).



		6.	Construction
                                         -- This note and the provisions hereof shall be governed by the laws of the State
                                         of California. By acceptance of this note, Lender hereby submits himself to the jurisdiction
                                         of the courts of the State of California and the Federal courts of the United States
                                         located in Orange County, California.



		7.	Assignment
                                         -- Neither the Company nor the Lender may assign or otherwise transfer its rights
                                         or obligations under this note without the prior written consent of the other party.



		8.	Entire
                                         Agreement – Lender agrees and acknowledges that this Note constitutes the full
                                         and entire understanding and agreement between the parties with regard to the subject
                                         hereof.








 


IN
WITNESS WHEREOF, the Company has executed this note on July 27, 2016


 


	 	EVANS
    BREWING COMPANY, INC.
	 	 	 
	 	By:	/s/
    Kenneth Wiedrich
	 	Name:	Kenneth
    Wiedrich
	 	Title:	Chief
    Financial Officer


 


Accepted:


 


	/s/
    Michael J. Rapport	 
	Michael
    J. Rapport