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                                                                   Page 45 of 55

                                  EXHIBIT 10-8

                               BUYER'S CERTIFICATE

         The undersigned, being the Sole Manager and President of St. Paul
Associates, LLC. ("ST. PAUL"), a New York limited liability company, hereby
certifies that:

         l.       Attached hereto as Exhibit A is a true and correct copy of
resolutions adopted by the members of St. Paul by unanimous written consent
dated as of April 30, 2004 and that said resolutions have not been amended,
changed or rescinded and are still in full force and effect.

         2.       All of the representations and warranties of Buyer contained
in the Note Purchase Agreement between GBC Liquidating Corp. and St. Paul
Associates, LLC of even date (the "AGREEMENT") are true and correct and all of
the covenants and conditions contained in such Agreement to be performed or met
by Buyer prior to Closing have been performed or met.

         IN WITNESS WHEREOF, the undersigned has executed this Certificate this
25th day of May, 2004.

                                                /s/ Samuel T. Hubbard, Jr.
                                                -------------------------------
                                                Samuel T. Hubbard, Jr.
                                                Sole Manager and President

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                                                                   Page 46 of 55

                                    EXHIBIT A

1.   Election of Manager. Samuel T. Hubbard, Jr. is hereby elected as the sole
     Manager and the President of the Company, to serve at the pleasure of the
     Members. In addition, Michael Riordan is hereby elected Secretary and
     Treasurer of the Company, to serve at the pleasure of the Members.

2.   Purchase of GBC Liquidating Note. The Company is hereby authorized to
     purchase for $1,000,000 cash the Subordinated Promissory Note dated as of
     December 15, 2000 in the original principal amount of $4,500,000 executed
     by High Falls Brewing Company, LLC ("HFBC"), as Maker, and payable to the
     order of GBC Liquidating Corp. (formerly known as The Genesee Brewing
     Company, Inc.), provided, that such note is amended and restated to (i)
     reflect the items set forth in paragraphs (a) through (c) below, and (ii)
     to contain such other provisions as the officer executing same may deem
     necessary, appropriate or in the best interests of the Company:

         (a)      the principal amortization provisions shall be restructured to
         provide that the entire $4,000,000 principal balance of the amended and
         restated note shall be paid in 36 equal monthly payments commencing
         February 1, 2006.

         (b)      accrued but unpaid interest as of the date of the purchase
         shall be forgiven, except for the amount of $100,000, which shall no
         longer be payable under such Note but shall be payable by HFBC to GBC
         Liquidating Corp. pursuant to a separate agreement at such time as HFBC
         has the right to make principal and/or interest payments under the
         Investor Notes.

         (c)      all references to the Asset Purchase Agreement between The
         Genesee Brewing Company, Inc. and HFBC dated August 29, 2000, as
         amended, and all setoff and other rights related to such Agreement,
         shall be deleted from the amended and restated note.

3.   Conditional Forbearance. In connection with the note purchase described
     above, the Company shall be authorized to execute an agreement with HFBC
     pursuant to which the Company will agree that, after purchase of such note,
     the Company will not exercise default rights thereunder prior to August 31,
     2005 unless prior to that date, (i) a Subordinated Creditor Standstill
     under the Intercreditor Agreement is commenced with respect to the Cephas
     debt, (ii) Cephas takes action to enforce its debt against HFBC or (iii)
     the Intercreditor Agreement is terminated.

4.   The President and the Treasurer of the Company, and each of them, is hereby
     authorized to take such action and execute such documents as he may deem
     necessary, desirable or in the best interests of the Company in order to
     effectuate the note purchase transaction referred to above and his taking
     of any such action and his execution of any such documents shall be deemed
     conclusive evidence of his authority to do so.<PAGE>

                                                                   Page 47 of 55

                                  EXHIBIT 10-9

                                  May 25, 2004

                      ASSUMPTION OF INTERCREDITOR AGREEMENT

High Falls Brewing Company LLC
445 St. Paul Street
Rochester, New York 14605

Manufacturers & Traders Trust Company
255 East Avenue
Rochester, New York 14604

Cephas Capital Partners, L.P.
57 Monroe Avenue
Suite D
Pittsford, New York 14534

GBC Liquidating Corp.
(Formerly known as The Genesee Brewing Company, Inc.)
c/o Ashley Management Corp.
16 West Main Street
Rochester, New York 14614

Gentlemen:

         Reference is made to the following:

         1.       Intercreditor Agreement dated as of December 15, 2000 among
the four of you (the "Intercreditor Agreement"). Unless otherwise set forth
herein, terms defined in the Intercreditor Agreement are used herein as so
defined.

         2.       Subordinated Promissory Note dated as of December 15, 2000 in
the original principal amount of $4,500,000 executed by Borrower, as Maker, in
favor of The Genesee Brewing Company, Inc. (now known as GBC Liquidating Corp.),
as Payee (the "Original Note").

         3.       Amended and Restated Subordinated Promissory Note of even date
in the principal amount of $4,000,000 executed by Borrower, as Maker, in favor
of GBC Liquidating Corp., as Payee (the "New Note").

         4.       Revolving Credit and Term Loan Agreement dated as of December
15, 2000 between Senior Creditor and Borrower, as amended to date (the "Senior
Credit Agreement").

         The Original Note represented "Seller Junior Indebtedness" pursuant to
the Intercreditor Agreement and, pursuant to the New Note, Seller and Borrower
have modified the terms related to repayment of principal set forth in the
Original Note. Section 16 of the Intercreditor

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                                                                   Page 48 of 55

Agreement requires that Seller and Borrower obtain the prior written consent of
the Senior Creditor and the Subordinated Creditor in order to modify the terms
of the repayment of principal with respect to the Seller Junior Indebtedness.
Seller and St. Paul Associates, LLC have today executed a Note Purchase
Agreement that provides for the purchase by St. Paul Associates, LLC of the New
Note on certain conditions, including the condition that each of the Senior
Creditor and the Subordinated Creditor consent to the modifications of principal
payments represented by the New Note. Each of the undersigned hereby requests
that Senior Creditor and the Subordinated Creditor signify such consent by
executing a copy of this letter in the blank provided after the close hereof. In
addition, Section 6.15 of the Senior Credit Agreement requires the Senior
Creditor's consent to any modifications of the Seller Junior Indebtedness and
each of the undersigned further requests that Senior Creditor consent to the
modifications represented by the New Note.

         In addition, pursuant to Paragraph 9 of the Intercreditor Agreement,
the Seller has agreed not to sell or otherwise transfer the Seller Junior
Indebtedness except subject to all of the. terms and conditions of the
Intercreditor Agreement. In order to satisfy the conditions set forth in such
Paragraph 9, by its execution of this letter, St. Paul Associates, LLC hereby
(i) agrees that it will, as the holder of the New Note representing the Seller
Junior Indebtedness, hold such Note and be subject to and assume all of the
terms and conditions of the Intercreditor Agreement relating to the Seller
Junior Indebtedness; and (ii) acknowledges to the Senior Creditor and to the
Subordinated Creditor that Events of Default exist under the Senior Credit
Agreements and Subordinated Credit Agreements, respectively, and that pursuant
to paragraph 6 of the Intercreditor Agreement, no payments under the New Note
shall be made unless such Events of Default are cured or waived.

         Upon execution of the Releases provided for in Section 6.03(G) and (H)
of the above-described Note Purchase Agreement and subject to the conditions
contained therein each of Senior Creditor and Subordinated Creditor will release
Seller from any further obligations under the Intercreditor Agreement, and will,
upon the satisfaction of any conditions set forth in such Releases, waive any
claim against Borrower under the Intercreditor Agreement for interest payments
heretofore made by Borrower to Seller under the Original Note. By execution of
this Agreement, Borrower hereby agrees that Seller will be released from all of
its obligations under the Intercreditor Agreement.

                                         High Falls Brewing Company, LLC

                                         By: /s/ John B. Henderson
                                             ----------------------------------
                                         Name: John B. Henderson
                                         Title: President and COO

                                         St. Paul Associates, LLC

                                         By: /s/ Samuel T. Hubbard, Jr.
                                             ----------------------------------
                                         Name: Samuel T. Hubbard, Jr.
                                         Title: President

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                                                                   Page 49 of 55

         The undersigned, Senior Creditor and Subordinated Creditor
respectively, hereby consent, pursuant to Section 16 of the Intercreditor
Agreement, to the modification of the terms of the repayment of principal with
respect to the Seller Junior Indebtedness as reflected in the New Note and to
the terms of this Assumption of Intercreditor Agreement including, but without
limitation, the final paragraph thereof. This consent is subject to and
conditioned upon the agreements in Section I of the letter dated May 21, 2004
from St. Paul Associates, LLC to High Falls Brewing Company, LLC, a copy of
which is attached hereto. Senior Creditor further consents to the modifications
of the Seller Junior Indebtedness represented by the New Note.

                                         Manufacturers & Traders Trust Company

                                         By: /s/ John C. Morsch
                                             ----------------------------------
                                         Name: John C. Morsch
                                         Title: Vice President

                                         Cephas Capital Partners, L.P.

                                         By: Chephas LLC, Its General Partner

                                         By: /s/ Jeffery S. Holmes
                                             ----------------------------------
                                         Name: Jeffery S. Holmes
                                         Title: Managing Member

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