Document:

EX-10.2

	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	Aspen Investments LLC

	 
	 	 	 	 	 	Atlantis Investments LLC

	 
	 	 	 	 	 	c/o Finser Corporation
	Time Warner Inc.
	 	America Online, Inc.
	 	550 Biltmore Way, Suite
	One Time Warner Center
	 	22000 AOL Way	 		900	
	New York, NY 10019
	 	Dulles, VA 20166
	 	Coral Gables, FL 33134

September 28, 2005

America Online Latin America, Inc.

6600 N. Andrews Avenue, Suite 400

Ft. Lauderdale, FL 33309

Ladies and Gentlemen:

Reference is made to that certain letter agreement (the “Plan Support Agreement”)
dated as of June 23, 2005, among America Online Latin America, Inc. (“AOLA”), Time Warner
Inc. (“TW”), America Online, Inc. (“AOL”; and together with TW, the “TW
Parties”) and Aspen Investments LLC and Atlantis Investments LLC (collectively, “ODC”)
setting forth certain terms and conditions pursuant to which AOLA and certain of its direct and
indirect subsidiaries will propose their joint chapter 11 plan of liquidation on a consensual basis
with the support of TW, AOL and ODC. Capitalized terms used herein and not defined herein shall
have the meanings ascribed to such terms in the Plan Support Agreement.

The TW Parties and ODC agree that the Plan Support Agreement shall be amended in the following
respects: (i) “November 30, 2005” shall be substituted for “September 30, 2005” in paragraph 7(i)
of the Plan Support Agreement; and (ii) “March 31, 2006” shall be substituted for “January 31,
2006” in paragraph 7(ii) of the Plan Support Agreement.

Except as specifically amended hereby, the Plan Support Agreement shall remain in full force
and effect.

Kindly acknowledge your agreement to the above-described amendments to the Plan Support Agreement
by counter-signing this letter agreement and returning an executed copy of the same to TW, AOL and
ODC.

1

IN WITNESS WHEREOF, the parties hereto have caused this letter agreement to be executed
and delivered by their respective duly authorized officers, solely in their respective capacity as
officers of the undersigned and not in any other capacity, as of the date first above written.

TIME WARNER INC.

	 	 	 
	By:

	 	/s/ Katherine A. Brown
	
 
	 	 
	Name:

Title:

	 	Katherine A. Brown

SVP, Mergers and Acquistions

AMERICA ONLINE, INC.

	 	 	 
	By:

	 	/s/ Steve Swad
	
 
	 	 
	Name:

	 	Steve Swad

Title: Chief Financial Officer

2

ASPEN INVESTMENTS LLC

	 	 	 
	By:

	 	/s/ Cristina Pieretti
	
 
	 	 
	Name:

Title:

	 	Cristina Pieretti

Executive Vice President

ATLANTIS INVESTMENTS LLC

	 	 	 
	By:

	 	/s/ Cristina Pieretti
	
 
	 	 
	Name:

	 	Cristina Pieretti

Title: Executive Vice President

3

ACCEPTED AND AGREED:

AMERICA ONLINE LATIN AMERICA, INC.

	 	 	 
	By:

	 	/s/ Charles Herington
	
 
	 	 
	Name:

Title:

	 	Charles Herington

President

AOL PUERTO RICO MANAGEMENT SERVICES, INC.

	 	 	 
	By:

	 	/s/ Mario Martín Lanzoni
	
 
	 	 
	Name:

Title:

	 	Mario Martín Lanzoni

Treasurer

AMERICA ONLINE CARIBBEAN

BASIN, INC.

	 	 	 
	By:

	 	/s/ Osvaldo Baños
	
 
	 	 
	Name:

Title:

	 	Osvaldo Baños

President

AOL LATIN AMERICA

MANAGEMENT LLC

By: America Online Latin America, Inc., its sole member

	 	 	 
	By:

	 	/s/ Charles Herington
	
 
	 	 
	Name:

Title:

	 	Charles Herington

President
	 
	 	 

4EX-10.3

CONFIDENTIAL

TERMINATION AGREEMENT

This Termination Agreement (this “Termination Agreement”), dated as of September 30, 2005, is
made and entered into by and between America Online, Inc. (“AOL”), a Delaware corporation, with its
principal offices at 22000 AOL Way, Dulles, Virginia 20166, and America Online Latin America, Inc.
(“AOLA”), a Delaware corporation, with its principal offices at 6600 N. Andrews Avenue, Suite 400,
Ft. Lauderdale, Florida 33309 (each a “Party” and collectively the “Parties”). Capitalized terms
that are used but not defined herein shall be as defined in the Localization Services, Licensing
and Content Programming Agreement between the Parties effective as of September 2, 2004, as amended
(the “Agreement”). The Parties desire to terminate the Agreement as set forth herein.

TERMS

	 	1.	 	Termination. Effective as of 11:59 p.m. Eastern Standard Time on September 30, 2005
(the “Termination Date”), the Parties hereby agree to terminate the Agreement; provided that
those provisions of the Agreement which by their terms survive termination of the Agreement.
Notwithstanding the foregoing, Section 8(e)(ii) of the Agreement (Wind-Down Period) shall not
survive termination of the Agreement and shall have no further force and effect as of the
Termination Date.

	 	2.	 	No Further Services; No Further Payments. Effective as of the Termination Date,
under this Agreement (a) AOLA shall have no further obligation to provide Localization
Services, Content Programming Services, or other Services to AOL; (b) AOL shall have no
further obligation to offer any Product Program to AOLA; and (c) AOL shall have no further
obligation to make any payments to AOLA.

	 	3.	 	Software Licenses. The Parties acknowledge and agree that during the Term of the
Agreement, AOL provided to AOLA access to Tools and other software listed on Exhibit A
attached hereto for use in connection with AOLA’s performance under the Agreement
(collectively, the “Software”). Effective as of the Termination Date, all licenses to the
Software shall terminate. The Parties agree that no tangible copies of such Software were
provided to AOLA at any time.

	 	4.	 	Bankruptcy Court Approval. This Termination Agreement shall not become effective
unless and until the United States Bankruptcy Court for the District of Delaware (the
“Bankruptcy Court”) has approved this Termination Agreement and has authorized AOLA to enter
into this Termination Agreement.

	 	5.	 	Release. Effective as of the Termination Date, AOL hereby releases and forever
discharges AOLA, its subsidiaries and all of their stockholders, employees, directors and
officers (past and present), from and against any and all causes of action (in law or equity),
claims, demands, or other obligations or liabilities of any nature whatsoever, whether known
or unknown, which AOL or any of its affiliates (specifically excluding AOLA and its
subsidiaries), stockholders, employees, directors or officers (past or present) have arising
out of, or in connection with, the Agreement, which exist as of the Termination Date, except
in connection with those provisions which survive termination of the Agreement. Effective as
of the Termination Date, AOLA hereby releases and forever discharges AOL and all of its
affiliates (specifically excluding AOLA and its subsidiaries), stockholders, employees,
directors and officers (past and present), from and against any and all causes of action (in
law or equity), claims, demands, or other obligations or liabilities of any nature whatsoever,
whether known or unknown, which AOLA or any of its subsidiaries, stockholders, employees,
directors or officers (past or present) have arising out of, or in connection with, the
Agreement, which exist as of the Termination Date, except in connection with those provisions
which survive termination of the Agreement.

	 	6.	 	Entire Agreement. This Termination Agreement is the entire agreement between the
Parties regarding its subject matter. It supersedes, and its terms govern, all prior
proposals, agreements, or other communications between the Parties, oral or written, regarding
such subject matter. This Termination Agreement shall not be modified unless done so in a
writing signed by authorized representative officers of both Parties.

	 	7.	 	Applicable Law. This Agreement shall be interpreted, construed and enforced in all
respects with the laws of the State of New York, except for its conflicts of laws principles.

	 	8.	 	Jurisdiction. The Parties agree that the Bankruptcy Court shall have exclusive
jurisdiction over all disputes arising out of or relating to this Termination Agreement and
the transactions contemplated thereby and agrees not to commence any litigation relating
thereto except in the Bankruptcy Court, while AOLA’s voluntary case pursuant to chapter 11 of
title 11, United States Code, is pending before the Bankruptcy Court.

	 	9.	 	Counterparts. This Termination Agreement may be executed in counterparts, each of
which shall be deemed an original and all of which together shall constitute one and the same
document.

IN WITNESS WHEREOF, the Parties hereto have executed this Termination Agreement as of the date
first written above.

	 	 	 
	AMERICA ONLINE, INC.	 	AMERICA ONLINE LATIN AMERICA, INC
	By: /s/ David Wellisch

	 	By: /s/ Osvaldo Banos
	 

	 	 
	 
	 	 
	Print Name: David Wellisch

	 	Print Name: Osvaldo Banos
	
 
	 	 
	 
	 	 
	Title: VP & GM AOL Latino

	 	Title: EVP & Chief Financial Officer
	
 
	 	 
	 
	 	 
	Date: October 7, 2005

	 	Date: September 30, 2005Exhibit 10.1

    

      Exhibit
        10.1

      

      

      Description
        of Compensation Arrangements for Non-Management Directors

      

      

      Following
        is a description of the current compensation arrangements for the non-management
        directors of Constellation Brands, Inc.:

      

      The
        Company’s current compensation program for non-management directors for their
        services as directors includes cash, restricted stock, and stock option
        components.

      

      The
        cash
        component consists of (i) an annual retainer of $50,000, payable in quarterly
        installments of $12,500 at the beginning of each fiscal quarter; (ii) a Board
        meeting fee of $2,000 for each Board meeting attended (which includes regular,
        special and annual Board meetings and attendance in person or by conference
        telephone); (iii) a committee meeting fee of $1,500 per meeting attended
        (including by conference telephone); and (iv) an annual fee of $12,000 (payable
        in quarterly installments of $3,000) to the Chair of the Audit Committee
        and an
        annual fee of $9,000 (payable in quarterly installments of $2,250) to the
        position of Chairs of each of the Human Resources Committee and the Corporate
        Governance Committee. 

      

      Long-term
        incentive awards in the form of options and restricted stock are another
        element
        of non-management director compensation. Long-term incentive awards in the
        form
        of, among others, stock options, stock appreciation rights and restricted
        stock
        are available for grant under the Company’s Long-Term Stock Incentive Plan. Each
        non-management director receives annually, if and as approved by the Board
        of
        Directors, a stock option grant and a restricted stock award. The number
        of
        shares that may be subject to an annual option grant will not exceed the
        number
        obtained by dividing $70,000 by the closing price of a share of the Company’s
        Class A Common Stock on the date of the grant. The number of shares of
        restricted stock that may be awarded is calculated by dividing the sum of
        $40,000 by the closing price of a share of the Company’s Class A Common Stock on
        the date of grant. While the Board has the flexibility to determine at the
        time
        of each grant or award the vesting provisions for that grant or award,
        historically stock option grants vest six (6) months following the date of
        grant
        and annual awards of restricted stock vest one (1) year from the date of
        grant.
        The plan, the form of Terms and Conditions Memorandum provided to non-management
        directors who receive options and the form of restricted stock agreement
        are
        filed as Exhibits 10.4 through 10.10, 10.12 and 10.13 to the Company’s Annual
        Report on Form 10-K for the fiscal year ended February 28, 2005. 

      

      Non-management
        directors are reimbursed for reasonable expenses incurred in connection with
        their attendance at Board and committee meetings. They also receive
        complimentary Company products and are eligible to participate in a matching
        contribution program of the Company whereby they can direct a portion of
        the
        Company’s charitable contributions not in excess of $5,000.

      

      Members
        of the Board of Directors who are members of management serve without receiving
        any additional fee or other compensation for their service on the
        Board.

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