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                          FARRELL EMPLOYMENT AGREEMENT

         This Agreement, made and entered on this 18th day of September, 2001 by
and between RED BELL BREWING COMPANY, a corporation organized and existing under
the laws of the Commonwealth of Pennsylvania (hereinafter referred to as the
"COMPANY") party of the first part, and MICHAEL T. FARRELL, an adult individual
resident of Pennsylvania with an address of 304 Arch St., 2F, Philadelphia, PA
19106 (hereinafter referred to as "Employee"), party of the second part.

         WHEREAS, Company desires to secure from Employee an employment
agreement and Employee desires to provide Company with such agreement for
consideration.

         NOW THEREFORE, in consideration of the mutual covenants herein
contained, the parties hereto, intending to be legally bound, agree as follows:

 1.      POSITION

         A.       Position Description: Employee agrees to be employed by
                  Company as its General Counsel. Employee agrees to provide the
                  below described services to Company:

         B.       Employee's Efforts and Availability: Employee agrees to be
                  employed by the Company as its General Counsel on a full-time
                  basis and to devote 90% of his business time, attention and
                  efforts to carrying out the business of the Company and
                  promoting and furthering the business of the Company. However,
                  the parties agree that, from time to time, Employee will
                  engage in the practice of law for entities or individuals
                  other than the Company. It is agreed, however, that the duty
                  of Employee to the Company shall be primary at all times.

 2.      TERM

         This Agreement shall be effective when signed by the parties hereto and
shall remain effective for a term of five (5) years or unless sooner terminated
by Employee or by Company for good cause as defined in paragraph 5.

 3.      COMPENSATION

         Company shall compensate Employee for his services (as described in
Paragraph 1 above entitled POSITION) as follows:

         A.       Salary: Company shall pay to Employee $89,500 per anum in
                  Salary. This amount shall be paid by check or cash to Employee
                  in equal increments every two weeks. Further, this amount will
                  be reviewed at the beginning of each calender year by the
                  Board of Directors of the Company to determine the amount of
                  any increase or bonus to be added to this figure.

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         B.       Stock: Company shall issue to Employee, on the first business
                  day of each calendar year, registered options for Company
                  stock with a strike price of 10 cents. On January 1, 2002,
                  Employee shall receive 637,500 warrants with a strike price of
                  10 cents.

         C.       The Employee shall also receive 212,500 warrants with a strike
                  price of 10 cents on the date of this Agreement (or one third
                  of 637,500) in order to compensate Employee for the period of
                  September 2001 through December 31, 2001.

         D.       In order to provide an incentive in the Employee to enhance
                  the price of the stock, the number of warrants received by
                  Employee pursuant to this paragraph shall decrease by half
                  each succeeding year. Thus, on January 1, 2003, Employee shall
                  receive 318, 750 warrants. On January 1, 2004, Employee shall
                  receive 159,375 warrants. On January 1, 2005, Employee shall
                  receive 79, 687 warrants. Finally, on January 1, 2006,
                  Employee shall receive 39,843 warrants.

         E.       In the event that this agreement terminates in the middle of a
                  Callander year, the Employee shall only be entitled to a
                  prorated number of warrants for the portion of the year
                  actually worked. The Employee shall reimburse Company the
                  remainder of any options not earned by Employee under a
                  prorated calculation. If Employee cannot reimburse the
                  warrants for any reason, he shall, within 30 days of the
                  Company's demand, repay the cash equivalent of such warrants
                  based upon the then-prevailing share price, less the 10 cent
                  strike price.

         F.       Stock

                  In addition to the warrants described in paragraph 3(B) above,
                  upon the execution of this Agreement, Employee shall be issued
                  and shall on that date possess 750,000 additional warrants for
                  Company stock. The first 150,000 warrants shall vest and be
                  exercisable immediately. An additional 150,000 warrants shall
                  vest and be free to exercise one year from the execution of
                  this Agreement. An additional 150,000 warrants shall vest and
                  be free to exercise on the second anniversary of the execution
                  of this Agreement. An additional 150,000 options shall vest
                  and be free to exercise on the third anniversary of the
                  execution of this Agreement. The final 150,000 warrants shall
                  vest on the fourth anniversary of this Agreement. All of the
                  750,000 warrants will vest as delineated above even in the
                  event this agreement is terminated. Consequently, on the
                  fourth anniversary of the date of this Agreement, all 750,000
                  of Employee's options shall have vested whether Employee
                  remains employed at the Company or not. The strike price for
                  the first 300,000 warrants to vest shall be 10 cents. The
                  strike price for the second 300,000 warrants to vest shall be
                  15 cents. The strike price for the final 150,000 warrants to
                  vest shall be 20 cents

         G.       Acceleration

                  In the event that the ownership or control of the Company
                  shall change such that a controlling interest in the Company
                  is acquired by a third party, or in the event an offer is made
                  to the shareholders of the Company for the purchase of the
                  Company stock in order for a party to obtain a controlling
                  interest in the Company or if the Employee is terminated by
                  the Company, then, the vesting of all of Employee's warrants
                  shall be accelerated and all of the warrants described in this
                  paragraph 3 shall vest immediately and be made free to trade
                  by the Company as soon as possible but not later than 30 days
                  from the event triggering the provisions of this paragraph.

         H.       The Company will provide Employee with benefits no less
                  favorable than those provided to Robert Huttick or James Bell.


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4.       GUARANTEE OF COMPANY REGARDING SUCCESSOR COMPANY

         A.       In addition to the corporation's ongoing obligation to
                  continue to cause the options of the employee to vest even
                  after the termination of Employee's employment, the
                  Corporation hereby represents to and covenants with the
                  Employee that it shall guarantee that the terms of this
                  Agreement shall survive any transfer of ownership or control
                  of the Company such that this Agreement shall also apply to
                  and bind each and every successor entity of the Company.


5.       DEFAULT/REMEDIES

         A.       In the event of any breach of this Agreement, the Employee
                  shall have full rights to injunctive relief and an equitable
                  accounting of all diminution of salary, stock or benefits
                  arising out of such a violation, in addition to any other
                  existing rights, including the right to attorneys' fees and
                  costs expended to enforce the terms of this Agreement and
                  interest thereon, without requirement of posting bond. The
                  occurrence of any of the following events shall constitute a
                  breach and shall therefore permit the non-breaching party, at
                  its option and without prejudice to any other rights or
                  remedies provided for hereunder, or by law or equity, to
                  terminate this Agreement:


                  1.       If Employee violates any law, ordinance, rule or
                           regulation of a governmental agency in connection
                           with the performance of his employment
                           responsibilities hereunder (misdemeanors and traffic
                           violations excepted);

                  2.       Gross breach of any of Employee's obligations of
                           employment and/or failure to carry out the duties
                           assigned to him. Mere negligence shall not suffice;

                  3.       Breach of any of Company's obligations hereunder;

                  4.       Arrest or conviction of Employee for Theft;

                  5.       Use by Employee of any prohibited substances;

                  6.       Conviction by Employee of any felony;

                  7.       If either party violates any other term or condition
                           of this Agreement and fails to cure such violation
                           within thirty (30) days after written notice from the
                           non-breaching party requiring the allegedly violating
                           party to cure same.

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6.       TERMINATION

           This Agreement may be terminated at any time upon one month's notice
by the Employee. It may only be terminated by the Company for good cause. In the
event the Company terminates the agreement, the Employee shall continue to
receive Salary and shall be entitled to all of the warrants described in
Paragraph 3, including those in paragraph 3(C) which had not yet been received
or earned based upon the prorata calculation in that paragraph. Said warrants
will immediately be registered by the Company and made free to trade on an
accelerated basis pursuant to paragraph 3(D).

         If the Company shall terminate the Employee and it is judicially
determined that said termination does not meet the standard of "good cause" then
the Company shall reimburse the Employee all fees, including attorney's fees,
and costs incurred by the Employee in a suit based upon said termination.

         If the Employee shall terminate his employment, then he shall be
prohibited from competing with the Company within the industry or similar type
wihin a radius of 75 miles from the nearest Company property following such
termination for a period of one year.

7.       APPLICABLE LAW

         The terms and provisions of this contract shall be construed in
accordance with the substantive law of the Commonwealth of Pennsylvania.

8.       ASSIGNMENT

         Neither this Agreement nor the rights or obligations of a party hereto
may be assigned or alienated in whole or in part without the express written
consent of all parties. This Agreement shall be binding and shall inure to the
benefit of the parties hereto and their successors and assigns.

9.       WAIVER

         The failure of either party to insist on performance of any provision
of this Agreement shall not be construed as a waiver of that provision in any
later instance.


10.      MODIFICATION

         This Agreement may not be modified or terminated orally. No claimed
modification, termination or waiver of any of its provisions shall be valid
UNLESS in writing signed by a duly authorized representative of Company.

11.      NOTICES

         Unless otherwise specifically provided hereunder, any notice, consent
or other communication required or permitted to be given by any provision of
this Agreement shall be in writing and shall be deemed to have been duly and
properly given or served for any purpose only if delivered personally with
receipt acknowledged or sent by registered or certified mail, return receipt
requested, postage and charges prepaid and addressed to the appropriate party,
or via facsimile, with the sending facsimile machine printing a journal
evidencing receipt by the receiving facsimile, as follows:


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                                 If to COMPANY:

                            Red Bell Brewing Company
                               3100 Jefferson St.
                             Philadelphia, PA 19121


                                 If to EMPLOYEE:

                               Michael T. Farrell
                                304 Arch St., 2F
                             Philadelphia, PA 19106


         The above-designated address for each party may be changed by written
notification to the other party.

12.      CAPTIONS

         The captions of the Paragraphs and Subparagraphs of this Agreement are
for convenience of reference only and shall not affect in any way the meaning or
interpretation of this Agreement or any of the provisions hereof.

13.      SEVERABILITY

         If any term, condition, clause or provision of this Agreement shall be
determined or declared to be void or invalid in law or otherwise, then only that
term, condition, clause or provision shall be stricken from this Agreement and
in all other respects this Agreement shall be valid and continue in full force,
effect and operation. Likewise, the failure of any party to meet its obligations
under any one or more of the Paragraphs herein, with the exception of the
satisfaction of the conditions precedent, shall in no way avoid or alter the
remaining obligations of the parties.

14.      INTEGRATION

         This document is intended by the parties as the final written
expression of the terms included herein and is the complete and exclusive
statement of their Agreement on the subjects governed hereby. There are no
representations or warranties other than those expressly set forth herein. These
terms may not be contradicted by evidence of any prior Agreement or of a
contemporaneous oral Agreement and may only be explained or supplemented by a
writing signed by an authorized representative of both parties.


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      IN WITNESS WHEREOF, each of the parties has executed this Agreement and
caused its respective seal to be affixed the day and year first above written.

                                   EMPLOYEE:

WITNESS:

                                       /s/ Michael Farrell
-------------------------              ----------------------------------
Name:                                  Name:    Michael Farrell
Address:


WITNESS:                              Red Bell Brewing Company


/s/ Robert Huttick                By:  /s/ James R. Bell
------------------------------         ----------------------------------
Name:  Robert Huttick                  Name:  James R. Bell
Title: Executive Vice-President        Title: President