Document:

ex102.htm

     

    Exhibit 10.2

     

    

      WELL TO WIRE ENERGY INC.

     

     

     

     

     

    Mr.
George
Coates                                                                                         
May 02, 2008

    President

    Coates International Ltd.

    Highway 34 and Ridgewood Road

    Wall,
NJ  07719

     

    RE;
WELL TO WIRE ENERGY INC.’S POWER GENERATOR REQUIREMENTS

     

    Dear
Mr. Coates:

     

    Please be
advised that Well To Wire Energy is fully funded for the manufacture and
delivery of 7,404 CSRV industrial electrical generating systems (CSRV 855
in3 engine, 150 kW
generator, control system & packaging) at $ 150,000 per unit for a total
of  $1,110,000.00 over the next five years. The capital financing has been
arranged through Canada West Corporation Finance Inc.  

     

    We
are very pleased to hear that CIL plans to start production of these engines and
generators in the second quarter of 2008. 

     

    We
are looking forward to delivery of these generators at your earliest
convenience.

     

    If
you have any questions, please contact me directly.

     

    Regards,

    
      
        	 	 	 
	/s/Bryan
      Campbell	 	 	 
	
                Bryan
      Campbell

              	
                 

              	 	 
	President	 	 	 
	 	 	 	 
	May
      02, 2008	 	 	 

      

    

     

     

    
       

       

       

      
        

      

      #17,1700
Varsity Estates Drive NW

      Calgary 
 Alberta   T3B 2W9

      Tel: (403)
288-3647             
Fax: (403) 286-3696QuickLinks
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Exhibit 10.1    
    

April 22,
2008 

Peter
Swinburn 

Dear
Peter: 

This
letter confirms and summarizes Molson Coors Brewing Company's December 2007 offer to you as the President and Chief Executive Officer of Coors Brewing Company. 

Position  

Your
position will be President and Chief Executive Officer of Coors Brewing Company continuing your reporting to Leo. 

Effective Date  

The
post transition effective date of your position is March 1, 2008 for payroll purposes. 

Base Salary  

Your
base salary will be $735,000 U.S. per annum, payable monthly in arrears. You will remain on the CBL payroll over the short-term for administrative purposes (effectively December 2007
through March 2008). 

Short-term Incentive Opportunity  

You
will be eligible for an annual bonus under the Molson Coors Incentive Plan (MCIP). Your target opportunity is 75% of base salary as of April 1 of each calendar year. MCIP is awarded each
March for the prior year's performance. Your MCIP opportunity is earned 75% on Coors Brewing Company's performance and 25% on Molson Coors Brewing Company's performance. Performance metrics are
established in the first quarter of each performance year. 

Long-term Incentive Opportunity  

You
will continue to be eligible for long-term incentive awards, the current compensation value target of which is $945,000. Long-term incentive opportunity includes three
vehicles—Performance Share Unit (PSUs), Stock Only Stock Appreciation Rights (SOSARs) and Restricted Share Units (RSUs). You received a grant of PSUs in 2006. This
portion of your long-term incentive program continues as granted in 2006 until it vests based on the Company's pre-determined EBIT performance goal. You will continue to be
eligible for LTIP awards (RSU's and SOSARs) during the Company's annual long-term incentive grant cycle in May of each year. 

Executive
compensation is reviewed annually and adjustments can be made to targets and ranges for base pay, short-term incentive or long term incentive components of the total compensation
package. Additionally, the type of long-term vehicles used by Molson Coors to fulfill the annual target compensation of the LTI component of pay are reviewed annually in consideration of
compensation objectives and financial impact to the Company. Should any changes be enacted by the Compensation and Human Resources Committee of the Board of Directors for either change in target
compensation grant levels, ranges or in LTI vehicles, those changes would apply to you. 

1

 

Lateral Assignment Grant:  

You
were granted a one-time 10,000 RSU grant as acknowledgement of this lateral transfer. This grant was made in March 2008. 

Pension  

You
will participate in the Coors Brewing Company defined benefit and defined contribution plans. The defined benefit plan contributes 15% of base salary annually. You will be fully vested in the
defined benefit plan. You are eligible to participate in the Coors Brewing Company 401(k) plan. You may contribute up to 6% of your compensation on a pre-tax basis, subject to Internal
Revenue Service limitations. The Company will match 75% of the contributions you make on a pre-tax basis. You will be eligible to participate in the Company's Excess Benefit and
Supplemental Executive Retirement Plan (SERP) which supplement the defined benefit and defined contribution plans beyond limitations imposed by the Internal Revenue Service. 

Other Benefits  

You
will be eligible to participate in all health and welfare benefits under the Coors Brewing Company Executive benefits schedule. This includes life insurance, short and long-term
disability and accidental dismemberment and death insurance. Details on these benefits will be provided during your enrollment process in the benefits programs. Executives receive a Group Term Life
benefit of 2X annual salary, subject to annual "Benefits on Tap" election and enrollment, and an individual portable Term Life policy, in a benefit amount of 6X annual salary. 

Housing Assistance  

You
will be awarded a one time special cash bonus to assist with cost of obtaining a new home and furnishings equal to $465,000 upon appointment, $100,000 on 1st anniversary,
$65,000 on 2nd anniversary, $35,000 on third anniversary. 

Relocation  

Your
relocation costs to the U.S. will be reimbursed consistent with the company's Transfer Employee Relocation Policy. 

Home Trips  

You
will be provided annually four first class trips to the UK. Five trips will be provided for Mrs. Swinburn. 

Car Allowance  

You
will be provided a $1,000 monthly car allowance. 

Financial Planning and Tax Preparation Services  

You
are eligible for Tax Preparation assistance for filing your 2008 tax returns. You are also eligible to participate in the Company's Financial Planning program which provides $10,000 per year for
financial planning services you may employ. 

Vacation  

You
are entitled to 5 weeks vacation per year, which will be administered in accordance with the Company's vacation policy. 

2

 

Employment Termination  

In
the event of your employment termination due to death or disability, you or your estate will be entitled to the balance of your annual salary and a full year's short term incentive for the year in
which the death or disability occurs. Your long-term incentive awards will be subject to the terms of termination provisions for each grant. 

In
the event you elect either early or full retirement from Coors Brewing Company, your annual salary will cease as of the date of retirement and you will be eligible for a prorated MCIP award payable
at the same time as awards for other employees. The prorated MCIP will be based on your actually base salary earned over the period of your employment in the year of retirement. You will be eligible
for continuation of health and welfare benefits under the normal plan provisions. 

In
the event of your involuntary termination by the Company, other than "for cause", you will be eligible for a severance payment, in the form of a continuation of your base salary equal to
24 months (the "Severance Period") and a prorated MCIP bonus for any part of service up to the date of commencement of the severance period. In addition, all your existing insured benefits
(excluding short and long-term disability) and perquisites will be continued during the Severance Period or until you find new employment or self-employment, which ever occurs
first. You will continue to accrue pension service during the Severance period or until you find new employment or self-employment, which ever occurs first. 

Peter,
we are pleased that you have assumed the role as President and CEO of Coors Brewing Company and trust you'll let us know if this summary has missed anything. 

Regards,

/s/
Ralph Hargrow

Ralph Hargrow
 Global Chief People Officer

Molson Coors Brewing Company

I
confirm receipt, review and acceptance of the above arrangements. 

	Signature:	 	/s/ Peter Swinburn

Peter Swinburn	 	Date:	 	April 22, 2008

3

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Exhibit 10.1QuickLinks
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Exhibit 10.2    
    

April 23,
2008

Kevin
Boyce

Dear
Kevin: 

This
letter confirms and summarizes Molson Coors Brewing Company's offer of a retention program. 

Retention Program  

Under
the terms of the approved retention program, you will receive (i) a grant of 11,000 restricted stock units to be grated on March 1, 2008, which will vest on the second anniversary
of the date of the grant (the "Vesting Date"); (ii) a one time country/golf club initiation fee in an amount not to exceed 15% of your current base salary; and (iii) five weeks of
vacation per year. In the event that the Company terminates your employment without cause prior to the Vesting Date, you shall be entitled to receive a payment in an amount equal to two times the sum
of your annual salary and target bonus plus all other benefits for a period of two years. In the event your employment is terminated subsequent to the Vesting date, you shall be entitled to receive a
payment in an amount equal to two
times your annual salary, provided that in the event that such termination is at your election, you provide no less than six months notice of your intention to terminate your employment. 

This
is a confirmation of the retention agreement and I trust you'll let us know if this has missed anything. 

Regards, 

/s/
Ralph Hargrow

Ralph Hargrow
 Global Chief People Officer

Molson Coors Brewing Company

I
confirm receipt, review and acceptance of the above arrangements. 

	Signature:	 	/s/ Kevin Boyce

Kevin Boyce	 	Date:	 	April 23, 2008

1

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Exhibit 10.2

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