Document:

<PAGE>
                                                                   EXHIBIT 10.2

Portions hereof have been omitted and filed separately with the Securities and
Exchange Commission pursuant to a request for confidential treatment in
accordance with Rule 24b-2.

                         GLASS BOTTLE SUPPLY AGREEMENT

                                    BETWEEN

                          ANHEUSER-BUSCH, INCORPORATED

                                      AND

                       ANCHOR GLASS CONTAINER CORPORATION

<PAGE>
                               TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                                           Page

<S>                                                                                                        <C>
1.  DEFINITIONS..............................................................................................1

2.  PURCHASE AND SALE OF BOTTLES ............................................................................3

3.  PRICE ...................................................................................................5

4.  WARRANTIES ..............................................................................................7

5.  DELIVERY ................................................................................................9

6.  PAYMENTS ...............................................................................................10

7.  FORCE MAJEURE ..........................................................................................11

8.  TERM AND TERMINATION ...................................................................................13

9.  AUDITS .................................................................................................15

10. PLANT VISITS ...........................................................................................17

11. CONFIDENTIALITY ........................................................................................17

12. PUBLIC STATEMENTS ......................................................................................17

13. NOTICES ................................................................................................18

14. ASSIGNMENT .............................................................................................18

15. INDEPENDENT CONTRACTOR .................................................................................19

16. ADDITIONAL AGREEMENTS ..................................................................................19

17. REPRESENTATIONS AND WARRANTIES OF ANCHOR ...............................................................21

18. REPRESENTATIONS AND WARRANTIES OF AB ...................................................................22

19. DISPUTE RESOLUTION .....................................................................................23

20. MISCELLANEOUS ..........................................................................................23
</TABLE>

                                      -i-
<PAGE>
                              TABLE OF ATTACHMENTS

<TABLE>
<CAPTION>
SECTION

<S>      <C>
2.1      SCHEDULE OF SUPPLY AND PURCHASE OBLIGATIONS

3.1      SELLING PRICES

3.2      ***

3.3      FREIGHT MATRIX

3.6(a)   ***

3.7(d)   SCHEDULE OF BREWERIES RECEIVING BULK BOTTLE DELIVERIES AS OF DATE OF AGREEMENT

4.4      FORM OF FLAVOR STANDARDS ADDENDUM

6.1      FORM OF ELECTRONIC PAYMENTS AGREEMENT

6.3      FORM OF TRADING PARTNER AGREEMENT

8.4(a)   SUPPLIER CERTIFICATION PROGRAM AS OF THE DATE OF THE AGREEMENT

8.5(a)   FACILITY MANAGEMENT INSPECTION CRITERIA AS OF THE DATE OF THE AGREEMENT

8.5(d)   FORM OF NO TAMPERING OR CONTAMINATION CERTIFICATION

20.8     FORM OF EEOC COMPLIANCE CERTIFICATE
</TABLE>

-----------------
*** Portions hereof and portions of the exhibit have been omitted and filed
    separately with the Commission pursuant to a request for confidential
    treatment in accordance with Rule 24-b.

                                     -ii-
<PAGE>
                         GLASS BOTTLE SUPPLY AGREEMENT

                  This GLASS BOTTLE SUPPLY AGREEMENT dated as of December 18,
2000 (this "Agreement"), is between ANHEUSER-BUSCH, INCORPORATED, a Missouri
corporation ("AB"), and ANCHOR GLASS CONTAINER CORPORATION, a Delaware
corporation ("Anchor").

                                   Background

                  AB and Anchor have agreed to enter into a supply agreement
under which Anchor will provide to AB non-returnable glass bottle containers
for beverages at certain AB breweries, subject to the following terms and
conditions.

                  THEREFORE, in consideration of the foregoing premises and the
mutual promises set forth below, the parties to this Agreement have agreed as
follows:

                  1.       DEFINITIONS.

                  The following defined terms used in this Agreement shall have
the respective meanings specified below:

                           1.1.     "AB" shall mean Anheuser-Busch,
Incorporated, a Missouri corporation.

                           1.2.     "Affiliate" shall mean, with respect to
either party, any individual, corporation, company, partnership, limited
liability company, joint venture or other business entity which owns a majority
of the equity of or otherwise controls, is controlled by or is under common
control with, such party, which in the case of Anchor shall include, without
limitation, Consumers and Consumers USA.

                           1.3.     "Agreement" shall mean this Glass Bottle
Supply Agreement dated as of the date set forth above between AB and Anchor, as
the same may be amended, restated and/or replaced from time to time, and
references to "hereof" and "hereunder" refer to this Agreement as a whole and
not to any particular section or article of this Agreement.

                           1.4.     "Anchor" shall mean Anchor Glass Container
Corporation, a Delaware corporation.

                           1.5.     "Auditor" has the meaning given it in
Section 9.1.

                           1.6.     "Base Price" shall mean a portion of the
Selling Price for each type of Bottle, as set forth in Attachment 3.1.

                           1.7.     "Beverage Bottle" shall mean a returnable
or non-returnable glass receptacle used as a container for any beverage,
including but not limited to malt beverages, carbonated or uncarbonated soft
drinks, flavored and unflavored waters and any other fluids intended for human
consumption.

<PAGE>
                           1.8.     "Bottle" shall mean a non-returnable glass
receptacle of specified size, shape and color used in the packaging of AB's
beverage products, and which otherwise conforms to the applicable
Specifications including, without limitation, any New Bottle.

                           1.9.     "Brewery" shall mean any of the applicable
AB breweries described in Attachment 2.1.

                           1.10.    "Bulk Bottle" shall mean any Bottle
delivered in bulk, and not delivered with Packaging Components.

                           1.11.    "Confidential Information" has the meaning
given it in Section 11(b).

                           1.12.    "Consumers" shall mean Consumers Packaging
Inc., a corporation organized under the federal laws of Canada.

                           1.13.    "Consumers USA" shall mean Consumers U.S.,
Inc., a Delaware corporation.

                           1.14.    "Contract Year" shall mean any twelve (12)
month period during the Term starting on a January 1 and ending the following
December 31.

                           1.15.    "Control" has the meaning given it in
Section 16.2(b).

                           1.16.    "Disclosees" has the meaning given it in
Section 11(a).

                           1.17.    "Dispute" has the meaning given it in
Section 19.1.

                           1.18.    ***

                           1.19.    "Force Majeure" has the meaning given it in
Section 7.1(a).

                           1.20.    "Lightweighting" shall mean any reduction
in the weight of a given size and shape Bottle, which does not materially alter
the size or shape of such Bottle.

                           1.21.    "material discrepancy" has the meaning
given it in Section 9.2.

                           1.22.    "Manufacturing Costs" shall mean the
aggregate of all actual costs incurred by Anchor or its Affiliates in producing
Bottles and delivering them to AB under this Agreement, including
transportation costs, and net of all discounts, rebates or allowances received
by Anchor or its Affiliates with respect to any services or materials acquired
by Anchor or any such Affiliates in connection with its performance of this
Agreement.

                           1.23.    "New Bottle" has the meaning given it in
Section 3.4(b).

---------
***      Portions hereof and portions of the exhibit have been omitted and
         filed separately with the Commission pursuant to a request for
         confidential treatment in accordance with Rule 24-b.

                                      -2-
<PAGE>
                           1.24.    "Packaging Components" shall mean any of
the corrugated boxes, trays, carriers, cartons, and basket carriers used to
package Packed Bottles, and which conform to the Specifications.

                           1.25.    "Packed Bottle" shall mean any Bottle which
isn't a Bulk Bottle.

                           1.26.    "Production Facility" shall mean any of the
applicable Anchor bottle production facilities specified in Attachment 2.1.

                           1.27.    ***

                           1.28.    ***

                           1.29.    "Requirements" shall have the meaning given
it in Section 2.1.

                           1.30.    "Select Status" shall have the meaning
given it in Section 8.4(a).

                           1.31.    "Selling Prices" shall have the meaning
given it in Section 3.1(c).

                           1.32.    "Southeast Agreement" shall mean that
certain Southeast Glass Bottle Supply Agreement between AB and Anchor dated May
26, 1999, as it may be amended, restated and/or replaced from time to time.

                           1.33.    "Specifications" shall mean AB's
specifications for each of the Bottles, each of the Packaging Components, and
the pallets and other packaging components to be used for Bulk Bottles, and
also shall include packaging and unit load specifications for Bottle deliveries
to each Brewery, as communicated from time to time by AB to Anchor (provided AB
gives Anchor at least sixty (60) days' advance notice)*** The Specifications in
effect as of the date of this Agreement, which may be revised from time to time
in accordance with the terms of the immediately preceding sentence, have been
delivered to Anchor and Anchor by its execution of this Agreement acknowledges
its receipt of such Specifications.

                           1.34.    "Term" shall mean the term of the
Agreement, as described in Section 8.1 below.

                           1.35.    "UCC" shall mean the Uniform Commercial
Code as in effect from time to time in the State of Missouri.

                  2.       PURCHASE AND SALE OF BOTTLES.

                           2.1.     Purchase Quantities.

                           (a)      Subject to the terms of Attachment 2.1,
Anchor shall make available each Contract Year for purchase by AB, in the
Specifications requested by AB, the

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

                                      -3-
<PAGE>
quantity of Bottles specified in Attachment 2.1 (the "Requirements"). Subject
to the terms of Attachment 2.1, AB shall each Contract Year purchase the
Requirements from Anchor.

                           (b)      ***

                           2.2.     Production Facilities. Subject to the terms
of Attachment 2.1, Anchor agrees to produce and deliver each Brewery's
Requirements from the Production Facility or Production Facilities specified
opposite each such Brewery in Attachment 2.1.

                           2.3.     Annual Estimate. On or before November 1st
of each Contract Year, AB shall advise Anchor of AB's non-binding estimate of
AB's Bottle requirements for the following Contract Year, stated separately for
each Brewery and for each Bottle size, shape, color and type of packaging
(i.e., Packed Bottles or Bulk Bottles) to be produced for AB by Anchor under
this Agreement and under all other bottle supply agreements between AB and
Anchor in effect at the time. On or before February 1st of the following
Contract Year, AB shall advise Anchor of any non-binding changes to its initial
estimates.

                           2.4.     Revised Estimates and Shipment
Instructions. Each Contract Year, AB shall provide Anchor with the following
revised non-binding estimates supplementing the non-binding annual estimate
provided to Anchor pursuant to Section 2.3 above:

                           (a)      On or before the last business day of each
month, AB's estimate for each of the succeeding three months of the AB Bottle
requirements to be produced by Anchor under this Agreement and under all other
bottle supply agreements between AB and Anchor in effect at the time, stated
separately for each Brewery and by Bottle size, shape, color, carton style, and
type of packaging (i.e., Packed Bottles or Bulk Bottles).

                           (b)      On or before the last business day of each
week, AB shall provide a running eight (8) week forecast of the AB Bottle
requirements to be produced by Anchor under this Agreement and under all other
bottle supply agreements between AB and Anchor in effect at the time, stated
separately for each Brewery and by Bottle size, shape, color, carton style, and
type of packaging (i.e., Packed Bottles or Bulk Bottles).

                           (c)      If Anchor requests, AB agrees to meet with
Anchor at a time and place mutually acceptable to the parties to discuss the
estimates provided by AB pursuant to Sections 2.4(a) and 2.4(b).

                           (d)      Anchor will report all shipments of Bottles
upon their departure from the specified Production Facility, including but not
limited to, shipping information related to truck load identification, expected
delivery date, delivery location, and quantity of Bottles in the load, in the
format specified by AB and using the electronic reporting media and software
specified by AB.

                           2.5.     Inventory. Anchor shall maintain at no
additional cost to AB a finished goods inventory of Bottles at each Production
Facility or at a warehouse maintained by

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

                                      -4-
<PAGE>
Anchor in the vicinity of the applicable Brewery*** However, to the extent that
Anchor may elect to maintain an inventory in excess of*** shall have no
responsibility for any costs incurred by Anchor because of any graphics or
other changes to the Bottles, any related Packaging Components, or any
packaging components used for Bulk Bottles. Without limiting the foregoing,
Anchor agrees that it will always maintain in such inventory*** for each
Brewery, allocated by carton style and based on***

                           2.6.     Anchor Capacity Estimates. On or before
September 15th of each Contract Year, Anchor shall provide AB with a written
estimate of the production capacity of each of its Production Facilities and
each of its other bottle production facilities situated in the United States
for the following Contract Year broken down by each furnace and forming machine
situated in the respective Production Facilities and other bottle production
facilities.

                  3.       PRICE.

                           3.1.     Selling Price.

                           (a)      The selling price for each color, size and
shape Packed Bottle is calculated as follows, subject to adjustment from time
to time by the applicable terms of Sections 3.2-3.8 and Section 5.2(c):

                                    (i)      the Base Price for the applicable
Bottle as set forth in Attachment 3.1; plus

                                    (ii)     the amount Anchor is entitled to
charge AB for applicable Packaging Components pursuant to the terms of Section
3.7(b); plus

                                    (iii)    Anchor's charges for handling,
assembly and insertion of Packaging Components in accordance with the schedule
of permitted charges for such services set forth in Attachment 3.1; plus

                                    (iv)     the amount of any freight payable
by AB pursuant to the terms of Section 3.3.

                           (b)      The selling price for each color, size and
shape Bulk Bottle is calculated as follows, subject to adjustment from time to
time by the applicable terms of Sections 3.2-3.8, and Section 5.2(c):

                                    (i)      the Base Price for the applicable
Bottle as set forth in Attachment 3.1; plus

                                    (ii)     Anchor's applicable pallet costs
and other costs related to packaging and handling of Bulk Bottles, which may
differ by location, in accordance with the schedule of permitted costs
specified in Attachment 3.1; plus

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

                                      -5-
<PAGE>
                                    (iii)    the amount of any freight payable
by AB pursuant to the terms of Section 3.3.

                           (c)      The applicable selling prices of the
Bottles sold by Anchor to AB under this Agreement, as determined in accordance
with the terms of subsections 3.1(a) and 3.1(b) above, are sometimes referred
to in this Agreement as the "Selling Prices."

                           3.2.     *****

                           3.3.     Freight Costs. *** shall pay the freight
costs, if any, specified in Attachment 3.3 for all Bottle deliveries from a
particular Production Facility to a Brewery. Prior to Contract Year 2002 and
each Contract Year thereafter AB and Anchor agree to meet to discuss changes to
Attachment 3.3 for such Contract Year based on what Anchor expects and
reasonably demonstrates will be its actual freight costs for such Contract
Year.

                           3.4.     Specification Changes.

                           (a)      If AB makes any changes to the
Specifications of an existing Bottle type, other than those directly relating
to Lightweighting, which result in an increase or decrease to the Manufacturing
Costs for those particular Bottles, then the Base Price for such Bottles shall
be changed to *** Notwithstanding the foregoing, any increase in the applicable
Base Price by Anchor which is otherwise permitted by the terms of the preceding
sentence will not be greater than *** Anchor shall provide such documentation
as AB may reasonably request in support of any such change to Base Prices.

                           (b)      If at any time during the Term, AB should
add a new Bottle shape, size or color to its existing family of Bottles (a "New
Bottle"), the Base Price for such New Bottle shall be *** Anchor shall provide
such documentation as AB may reasonably request in support of the Base Price
for such New Bottle.

                           (c)      Without limiting any of its other
obligations specified in this Agreement, Anchor agrees to continually
investigate ways in which to improve and update the processes and technologies
it utilizes to manufacture, package, inspect, and deliver high quality Bottles
to AB.

                           3.5.     *****

                           3.7.     Packaging Materials.

                           (a)      AB shall communicate to Anchor in
accordance with the terms of Section 2.4(b) what amount of each Brewery's
Requirements should be filled with Packed

---------
*****    Portions hereof (approximately two pages) have been omitted and filed
         separately with the Commission pursuant to a request for confidential
         treatment in accordance with Rule 24-b.

***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

                                      -6-
<PAGE>
Bottles and what amount of each Brewery's Requirements should be filled with
Bulk Bottles and Anchor shall fulfill such Requirements accordingly.

                           (b)      Anchor shall purchase its inventory of
Packaging Components from a supplier designated by AB at a price designated by
AB (which price may be different from the price agreed to between AB and such
supplier). Anchor shall charge AB for Packaging Components, as delivered to AB
with a Bottle shipment, at a price not greater than the price originally paid
by Anchor to purchase such Packaging Components in accordance with the terms of
the preceding sentence. After the date of this Agreement Anchor agrees to meet
with AB from time to time to discuss any cost neutral changes to the procedures
set forth in this Section 3.7(b) including, without limitation, Anchor's
purchase of such Packaging Components from AB.

                           (c)      AB shall pay Anchor for the handling,
assembly and insertion of the Packaging Components in accordance with the
schedule of permitted charges for such services set forth in Attachment 3.1.
Anchor shall inspect all Packaging Components upon Anchor's receipt of the same
and shall promptly notify both the applicable supplier and AB upon discovery of
any defective Packaging Components.

                           (d)      Attachment 3.7(d) specifies which of the
Breweries are receiving deliveries of Bulk Bottles from one or more Production
Facilities. AB shall have the option, on six (6) months' written notice to
Anchor, to require it to ship and deliver any or all of the remaining
Requirements as Bulk Bottles. If AB exercises this option, Anchor shall not
insert or use any of the Packaging Components in the affected deliveries. If AB
does exercise the foregoing option it agrees to repurchase any remaining
inventory of Packaging Components that Anchor had previously purchased for
Packed Bottles for AB and which Anchor is not able to otherwise use for AB.
Attachment 3.1 specifies the associated costs Anchor shall be entitled to add
to the applicable Base Prices for any Bulk Bottles delivered by Anchor to AB
under this Agreement including the costs of pallets, top frames and tier sheets
Anchor is required to purchase pursuant to the terms of Section 5.3(b).

                           3.8.     ***

                  4.       WARRANTIES.

                           4.1.     Express Warranties. Notwithstanding any
independent investigation by AB, Anchor represents and warrants to AB that:
Each Bottle manufactured by Anchor for AB (i) is merchantable and fit for the
purpose intended, which is a commercially acceptable container for beverages;
(ii) is manufactured in accordance with the Specifications and all function and
taste requirements specified therein; (iii) conforms to samples previously
delivered to and approved by AB; (iv) along with any and all Packaging
Components, pallets, and other related articles included with each shipment of
Bottles, is delivered free from any security interest, lien or other
encumbrance; and (v) the substances and materials used to produce

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

                                      -7-
<PAGE>
such Bottle are free from defects in materials and workmanship and are
permissible under applicable Federal and State laws and regulations.

                           4.2.     FDA Compliance. Anchor represents and
warrants that each Bottle manufactured by Anchor for AB and each related
article contained in and comprising each shipment or other delivery to AB and
all information and ingredient lists furnished for use by AB in labeling such
articles for resale, is (i) not adulterated or misbranded (or, in the case of
labeling information and ingredient lists not a cause of misbranding when
applied to such articles) within the meaning of the Federal Food, Drug and
Cosmetic Act, as amended, and not an article which may not be introduced into
interstate commerce, (ii) in compliance with all requirements of the Federal
Food, Drug and Cosmetic Act, as amended, for food contact substances to be used
as intended by AB, (iii) complies with the requirements of the Poultry Products
Inspection Act, the Meat Inspection Act and the Federal Food, Drug and Cosmetic
Act, as amended, to the extent that said Acts are then effective and
applicable, (iv) registered, if required, and not adulterated or misbranded
within the meaning of the terms of the Federal Insecticide, Fungicide and
Rodenticide Act, any State pure food act, or any other applicable Federal,
State or local law, (v) not banned or misbranded within the meaning of the
terms of the Federal Hazardous Substances Act, (vi) not an article which cannot
be legally transported or sold under the provisions of any Federal, State or
local law, and (vii) if an article which is or which contains a color additive,
such color additive is or will be from a batch certified by Anchor or its
suppliers, to be in accordance with the Federal Food, Drug and Cosmetic Act, as
amended, and all regulations issued under said Act.

                           4.3.     Fair Labor Standards. To the extent work is
performed in the United States in connection with the performance of Anchor's
obligations under this Agreement, Anchor represents that all such work will be
performed in compliance with the requirements of the Fair Labor Standards Act
of 1938, as amended. Anchor further represents that all work performed in
meeting its obligations under this Agreement complies with the provisions of
Executive Order No. 11246.

                           4.4.     Flavor Standards. AB and Anchor acknowledge
that the delivery of Bottles under this Agreement is subject to their
respective rights and obligations as stated in the flavor standards addendum
marked as Attachment 4.4 to this Agreement.

                           4.5.     Indemnification. AB shall have all rights
and remedies of a buyer under the UCC. Any purchases of Bottles under the
"cover" provision of the UCC codified in Section 2-712 of the UCC (or any
successor provision) shall be applied in satisfaction of AB's Requirements
under this Agreement*** Anchor shall in addition indemnify and hold harmless
AB, its parent, subsidiaries and Affiliates and their respective directors,
officers, employees, agents and other representatives, from and against any and
all costs, losses, liabilities, damages, claims, judgments or expenses,
including without limitation court costs, attorneys' fees and other legal
expenses resulting from any alleged or actual breach by Anchor of any
representation or warranty set forth herein or the failure by Anchor to perform
in a timely manner any of its

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

                                      -8-
<PAGE>
obligations hereunder. Anchor's obligations under the terms of the immediately
preceding sentence shall survive the expiration or earlier termination of this
Agreement.

                           4.6.     Pricing. The pricing provided to AB under
this Agreement, including but not limited to each Selling Price, is lawful.

                  5.       DELIVERY.

                           5.1.     Delivery Terms. Anchor shall in accordance
with the Specifications: (a) package each Bottle shipment in accordance with
whether the applicable Bottles are Bulk Bottles or Packed Bottles, (b) load the
packaged Bottles for shipment, and (c) deliver the Bottles F.O.B. the
applicable Brewery. AB shall be responsible for unloading all Packed Bottles at
the applicable Brewery, at which time title to and risk of loss pertaining to
such Bottles shall pass to AB. Anchor shall be responsible for unloading all
Bulk Bottles at the applicable Brewery and after the completion of such
delivery, title to and risk of loss pertaining to such Bottles shall pass to
AB.

                           5.2.     Delivery Option.

                           (a)      Notwithstanding anything to the contrary in
Section 5.1 above, AB shall have the option, exercisable individually by AB
from time to time with respect to each Brewery and each Production Facility, to
(i) control the selection of the freight carrier and the insurance provider
used for all or a portion of the shipments of Bottles from such Production
Facility or delivered to such Brewery, or (ii) to change the freight and
delivery terms to FOB applicable Production Facility. AB's exercise of either
of the foregoing options is expressly conditioned on each of the following:

                                    (i)      AB may only exercise either of the
options in a way that does not (A) result in an increase in Anchor's aggregate
freight costs for deliveries to and from each of its bottle production
facilities situated in the United States, (B) result in any increase in
Anchor's other operating costs, or (C) have an adverse effect upon Anchor's
production and delivery efficiencies;

                                    (ii)     ***

                                    (iii)    solely in the case of AB's
exercise of its option to convert the freight and delivery terms to FOB
applicable Production Facility, AB shall be responsible for arranging and
paying for all related freight and insurance charges and title and risk of loss
will be deemed to pass to AB upon pick-up of the Bottles at the applicable
Production Facility.

                           (b)      ***

                           (c)      Once either of the options referenced in
Section 5.2(a) above has been exercised by AB pursuant to the terms thereof, AB
shall at anytime thereafter, upon no less than sixty (60) days' prior written
notice to Anchor, be entitled to terminate the parties' respective obligations
with respect to deliveries of Bottles resulting from AB's exercise of such
option and designate that the parties' respective

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

                                      -9-
<PAGE>
obligations with respect to such deliveries shall again be governed by the
terms of Section 5.1; provided, however, that AB agrees to reimburse Anchor for
any documented increase in Anchor's Manufacturing Costs resulting directly from
Anchor again abiding by the terms of Section 5.1.

                           5.3.     Pallets.

                           (a)      Anchor agrees to use pallets supplied by AB
to package and deliver all of AB's Packed Bottle Requirements pursuant to the
terms of this Agreement. Anchor and AB agree that until further notice all such
pallets shall be AB's standard 32 x 37 pallet. Both parties agree that the user
fee Anchor owes AB for such pallets has been reflected in the Selling Price for
Packed Bottles and, as a result, Anchor shall not be required to send any
payments to AB in consideration for its use of such pallets. Anchor shall not
take title to any such pallets. Anchor shall exercise reasonable care in the
use of such pallets, but shall otherwise not be responsible for the replacement
or maintenance and repair of such pallets should any of them be lost or damaged
due to no fault of Anchor.*** At the expiration or earlier termination of the
Term Anchor shall return all such pallets in its possession to AB.

                           (b)      Anchor shall purchase on its own account
100% of the pallets, top frames, tier sheets, and all other materials required
by Anchor to package and deliver AB's Bulk Bottle Requirements in accordance
with the Specifications. Attachment 3.1 specifies the amount Anchor shall be
entitled to add to the Base Prices for Bulk Bottles to account for the cost of
such pallets, top frames, tier sheets, and other materials and other packaging
costs associated solely with Bulk Bottles.

                  6.       PAYMENTS.

                           6.1.     Payment Due Date. AB shall pay Anchor for
all Bottles purchased hereunder, based on the date of delivery to the
applicable Brewery. Terms of payment shall be payment in full within*** days
after AB receives the Bottles, subject to any additional days provided pursuant
to the terms of an Electronic Payments Agreement in the form attached hereto as
Attachment 6.1, as it may be amended from time to time pursuant to its terms,
and which the parties agree to execute and deliver contemporaneously with the
execution and delivery of this Agreement. Any amounts payable by either party
under any provision of this Agreement which are due on a Saturday, a Sunday, or
a public holiday generally recognized in the United States, shall instead be
due and payable on the first business day thereafter.

                           6.2.     Purchase Orders. AB and Anchor may exchange
standard form documents (such as purchase orders) for administrative and
informational purposes, and the terms and conditions stated thereon shall
neither modify, amend or supplement the terms and conditions stated in this
Agreement.

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

                                     -10-
<PAGE>
                           6.3.     Electronic Transactions. AB and Anchor
acknowledge that this Agreement is subject to the agreement pertaining to the
electronic exchange of information between the parties in the form of a
"Trading Partner Agreement" marked as Attachment 6.3 to this Agreement and
signed by each of them.

                  7.       FORCE MAJEURE.

                           7.1.     The Events.

                           (a)      Each party shall be relieved of its
obligation to perform any part of this Agreement to the extent its performance
is prevented or rendered impracticable by events beyond its reasonable control,
which events may include, without limitation, fire, storm, flood, earthquake,
and other Acts of God, and explosion, accident, acts of the public enemy, riots
and other civil disturbances, sabotage, court injunctions (other than any
injunction imposed as a result of the party's actual or alleged breach of any
agreement), transportation embargoes, shortages of materials, strikes,
lockouts, work stoppages and other labor disputes, acts, regulations or other
requirements of domestic or foreign federal, state, county, municipal, or local
governments or branches, subdivisions or agencies thereof, including, without
limitation, any such acts, regulations or other governmental requirements
making it unlawful (such as by an outright ban) or commercially impractical
(such as by the imposition or increase of deposit requirements or other action
directly or indirectly affecting beer or its packaging) to manufacture or
package beer in bottles, or to sell or distribute beer in packaging of any type
("Force Majeure"), subject to the various limitations provided in this Section
7. Force Majeure shall further include, without limitation, any imposition or
increase of any excise tax or similar charge by any governmental authority on
the manufacture, packaging, possession, storage, sale or distribution of beer,
and AB's obligations to purchase shall be deemed to have been rendered
impracticable thereby, without any direct proof of causation, to the extent
that there is any decrease in the demand for beer manufactured, sold or
distributed by AB after such Force Majeure event occurs.

                           (b)      Notwithstanding the foregoing, Anchor
acknowledges that Force Majeure will not include a strike, lockout, work
stoppage or other labor dispute affecting any of the Production Facilities, and
in the event of such a labor dispute at any of the Production Facilities,
Anchor agrees to use its commercially reasonable best efforts to operate any
affected Production Facility with management or other personnel to the full
extent necessary to satisfy the Requirements.

                           (c)      Anchor agrees that if picketing, a work
stoppage, a strike or any refusal to work of or by any of AB's employees or any
employees of any AB contractor occurs at one or more of the Breweries, Anchor
shall still cause deliveries of Bottles to continue to such Breweries as
otherwise required hereunder, but if any of the carriers transporting the
Bottles to the affected Breweries express concern to AB about the safety of
their drivers or their equipment at the affected Breweries during any such AB
labor dispute, AB shall take all actions reasonably necessary to insure the
safety of such drivers and equipment once they reach the affected Breweries.

                           7.2.     Notice.

                                     -11-
<PAGE>
                           (a)      Each party will immediately notify the
other party of the occurrence of any Force Majeure which may affect its
performance of this Agreement.

                           (b)      If any Force Majeure event occurs affecting
one or more Production Facilities or deliveries, Anchor will:

                                    (i)      use commercially reasonable
efforts to operate the affected Production Facilities prior to any other Anchor
bottle production facility, so long as such actions by Anchor are not in
violation of any agreements Anchor is a party to as of the date of this
Agreement;

                                    (ii)     use commercially reasonable
efforts to provide Bottles to AB from the affected Production Facilities;

                                    (iii)    use commercially reasonable
efforts to provide Bottles to AB which Anchor is not able to supply from
Production Facilities affected by the Force Majeure from Production Facilities
and/or other Anchor bottle production facilities not affected by the Force
Majeure; and

                                    (iv)     give AB priority of production
from each of the Production Facilities and each of Anchor's other bottle
production facilities and their respective equipment and furnaces, so long as
such actions by Anchor are not in violation of any agreements Anchor is a party
to as of the date of this Agreement.

                           (c)      With respect to Bottles supplied by
Production Facilities unaffected by the Force Majeure pursuant to subjection
(iii) above, Anchor will use commercially reasonable efforts to ship such
Bottles from Production Facilities or such other bottle production facilities
that will minimize freight charges.

                           (d)      ***

                           (e)      If a Force Majeure event occurs affecting a
particular Brewery, AB will use commercially reasonable efforts to allocate to
Anchor Bottle requirements at other Brewery locations, subject to AB's other
contractual commitments.

                           7.3.     Rights. If Anchor 's performance hereunder
is suspended due to Force Majeure, then AB shall have, in addition to such
other rights which it may have as a buyer under the UCC or otherwise, the right
to procure alternative sources of Bottle supply on commercially reasonable
terms with respect to all Bottles not delivered by Anchor because of the Force
Majeure, which may require an alternative Bottle purchase commitment by AB for
a period of time which extends beyond the Force Majeure affecting Anchor. Any
such alternative purchases of Bottles by AB shall be applied to its obligation
to purchase the Requirements ***

                           7.4.     Termination Because of Force Majeure. If
all or a substantial part of either party's performance hereunder is prevented
or suspended by reason of Force Majeure

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

                                     -12-
<PAGE>
for more than ninety (90) consecutive days at any one time, or more than one
hundred eighty (180) days in the aggregate during the Term, then the other
party shall have the right to immediately terminate this Agreement (upon notice
to the party affected by the Force Majeure). Such termination shall be without
liability with respect to the obligations so terminated.

                  8.       TERM AND TERMINATION.

                           8.1.     Term. Unless terminated earlier in
accordance with the terms of this Agreement, the term of this Agreement shall
be for a period commencing as of January 1, 2001 and ending at the close of
business on December 31, 2005 (the "Term").

                           8.2.     Rights of Termination.

                           (a)      Subject to the terms of Section 8.3 and in
addition to any right of termination granted elsewhere in this Agreement,
either party shall have the right at any time to terminate this Agreement,
without prejudice to any other legal rights to which such terminating party may
be entitled, upon the occurrence of any one or more of the following:

                                    (i)      Material breach by the other party
in the performance of any of the provisions of this Agreement, which breach is
not cured within thirty (30) days following written notice of such breach to the
defaulting party;

                                    (ii)     The making by the other party of
an assignment for the benefit of creditors;

                                    (iii)    The appointment of a trustee or
receiver or similar officer of any court for the other party or for a
substantial part of the property of the other party, whether with or without
the consent of the other party;

                                    (iv)     The institution of bankruptcy,
reorganization, insolvency or liquidation proceedings by or against the other
party without such proceedings being dismissed within thirty (30) days from the
date of the institution thereof; or

                                    (v)      A material breach by the other
party of any of its representations or warranties set forth herein.

                           (b)      Subject to the terms of Section 8.3 and in
addition to any right of termination granted elsewhere in this Agreement, AB
shall have the right at any time to terminate this Agreement, without prejudice
to any other legal rights to which AB may be entitled, upon the occurrence of
one or more defaults by Anchor under the terms of the Southeast Agreement, and
Anchor's failure to cure any such default(s) within the period of any
applicable cure period specified in the Southeast Agreement.

                           (c)      Either party which exercises a right of
termination under the foregoing provisions of Section 8.2(a) or 8.2(b) may
exercise such right by delivery of a termination notice which shall provide
that such termination is effective not less than ninety (90) days nor more than
twelve (12) months after the date such notice is issued, at the choice of the
party exercising such right of termination.

                                     -13-
<PAGE>
                           8.3.     Effect of Termination. Termination of this
Agreement for any reason provided herein shall not relieve either party from
its obligation to perform up to the effective date of such termination or to
perform such obligations as may survive termination. If payments attributable
to periods after the termination of the Agreement have been made before the
termination of the Agreement, the party receiving such payments shall refund
the payments so attributable promptly after the termination of the Agreement.
If payments attributable to periods before the termination remain unpaid upon
the termination of the Agreement, the party required to make such payments
shall do so promptly after the termination of this Agreement. Nothing in this
Section shall limit the rights otherwise available to a party arising from the
breach of the provisions hereof.

                           8.4.     Supplier Certification Requirements.

                           (a)      Anchor agrees to use its commercially
reasonable best efforts to achieve "Select Status" at each Production Facility
by December 31, 2002 as described in the AB Supplier Certification Program. The
Supplier Certification Program may be revised from time to time after the date
of this Agreement in accordance with the rules regarding Specification changes
set forth in Section 3.4(a) and for the purposes of this Section 8.4(a) all
references in Section 3.4(a) to "Specifications" shall be deemed to mean the
"Supplier Certification Program." In the event the terms of the Supplier
Certification Program are changed after the date of this Agreement pursuant to
the terms of the preceding sentence or otherwise through mutual agreement of
the parties, the target date of December 31, 2002 may be revised accordingly. A
description of the Supplier Certification Program in effect as of the date of
this Agreement is attached hereto as Attachment 8.4(a).

                           (b)      AB agrees that any failure of Anchor to
achieve Select Status at any or all of the Production Facilities shall not be
considered a material breach of this Agreement giving rise to a right by AB to
terminate this Agreement.

                           (c)      if Anchor fails to achieve Select Status at
any Production Facility by December 31, 2002 or by such other date as may be
mutually agreed upon by the parties as a result of an amendment to the terms of
the Supplier Certification Program, or Anchor fails to maintain Select Status
at any Production Facility after achieving it, AB may, upon notice to Anchor,
terminate or phase out AB's purchases of Bottles from that Production Facility
(i) if such failure is based on a deficiency which may reasonably be expected
to adversely affect the quality, flavor, or safety characteristics of the
Bottles being delivered to AB from such Production Facility, or (ii) if such
failure is a result of Anchor ceasing to make reasonable efforts to attain or
maintain Select Status at such Production Facility. In such event, Anchor may
replace such Bottles with deliveries from another approved Production Facility,
provided that AB shall not be required to pay any additional charge for
transportation, storage or delivery from such alternative Production
Facility.***

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

                                     -14-
<PAGE>
                           8.5.     Facilities Management Requirements.

                           (a)      Each Production Facility and each warehouse
used by Anchor to store Bottles is subject to inspection by AB, as further
provided in Section 10 below. A Facility Management Inspection Score for each
Production Facility and each warehouse used to store Bottles will be determined
by AB after each inspection, based on the criteria stated in Attachment 8.5(a).
AB shall be entitled to make any change to the criteria so long as the change
is reasonably related to improving the quality, flavor or safety
characteristics of Bottles delivered to AB and the rules regarding
Specification changes Set forth in Section 3.4(a) are adhered to (in which
event, for the purposes of this Section 8.5(a), all references in Section
3.4(a) to "Specifications" shall be deemed to mean the criteria stated in
Attachment 8.5(a)).

                           (b)      In addition to Anchor's duty to achieve and
maintain Select Status at each Production Facility, as set forth in Section 8.4
above (which Select Status is based, in part, on the Facility Management
Inspection Score), AB may terminate or phase-out its purchases of Bottles from
any Production Facility based upon (i) a deficiency noted during any AB
inspection which may reasonably be expected to adversely affect the quality,
flavor, or safety characteristics of any of the Bottles being delivered to AB
from such Production Facility or from the warehouse servicing such Production
Facility, or (ii) Anchor ceasing to make any reasonable efforts towards
continuous improvements in their Facility Management Inspection Score at such
Production Facility or such warehouse.

                           (c)      If AB exercises its right to terminate or
phase-out purchases of Bottles from any Production Facility pursuant to the
terms of Section 8.5(b), Anchor may replace such lost deliveries of Bottles in
the manner provided in Section 8.4(c) above,***

                           (d)      Anchor acknowledges the stringent
appearance standards maintained by AB with respect to not only its own
facilities, but those of its suppliers. Anchor accordingly agrees to ensure
that each of the Production Facilities, the delivery vehicles used to deliver
Bottles to any of the Breweries, and each of the warehouses used to store
Bottles prior to such delivery are each maintained using the highest
practicable standards for sanitation and housekeeping. Anchor further agrees to
ensure that such delivery vehicles, such warehouses, and each of the Production
Facilities are each maintained so that they present a clean, high quality
appearance. Anchor further agrees to cause each individual working in a
warehouse in which Bottles are stored by Anchor or any of its contractors from
time to time prior to delivery to a Brewery, to represent to AB in a writing in
the form of Attachment 8.5(d) that they have not in any way tampered with any
of the Bottles in an effort to contaminate or make such Bottles unsafe or
anything other than in compliance with the Specifications.

                  9.       AUDITS.

                           9.1.     Scope of the Audits; Auditors. Each party
shall have the right to audit information (i) used to determine the Selling
Price and any changes to it and its constituent components including, without
limitation, all information necessary to determine whether the

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

                                     -15-
<PAGE>
terms of Section 3 (and each of the sections and subsections thereunder) have
been fully complied with, (ii) pertaining to improper payments referred to in
Section 16.5 below, and (iii) provided by the other party pursuant to the terms
of this Agreement in addition to the information specified in subsections (i)
and (ii) above. All audits shall be performed by a nationally recognized public
accounting firm mutually acceptable to the parties, or in the absence of other
agreement between the parties, PriceWaterhouseCoopers (the "Auditor").

                           9.2.     Costs. The full cost of any audit shall be
borne by the requesting party, unless a "material discrepancy" adverse to the
requesting party is uncovered by the audit and such material discrepancy is
caused by the actions of the other party or the other party's failure to act;
in which case the audited party shall then bear 100% of the cost of the audit.
A "material discrepancy" shall be any discrepancy or group of discrepancies
which, in the aggregate for any one audit, would result in a payment by one
party to the other of an amount equal to or greater than $25,000 or an
adjustment in what one party owes to the other under this Agreement in an
amount equal to or greater than $25,000.

                           9.3.     Maintenance of Records. Each party shall
maintain records in sufficient detail to permit an acceptable audit, and,
without limiting the foregoing, shall maintain each such record (i) for one
full year after the expiration or earlier termination of this Agreement and
(ii) for so long as any audit pertaining to such record is pending. The Auditor
shall be given access to any and all records which it deems necessary to
conduct the audit.

                           9.4.     Notice. Prior to requesting an audit, the
requesting party shall notify the other party of its intent to exercise its
audit rights. The other party shall then be allowed a reasonable amount of time
(not to exceed 30 days) to explain/resolve the question to the satisfaction of
the requesting party, and thus eliminate the need for an audit.

                           9.5.     Audit Procedures. If the requesting party
is not satisfied with the explanation provided by the other party pursuant to
the terms of Section 9.4 and determines that an audit should be conducted, the
parties shall in good faith make reasonable efforts to mutually agree upon a
joint letter of instruction for the Auditor which shall describe the format and
procedure the Auditor shall undertake and the documents it will examine in the
course of its audit. If the parties are unable to agree on the terms of the
letter of instruction, the Auditor shall make its examination and determination
in accordance with written instructions provided by the requesting party. A
copy of said written instruction shall be provided to the other party no later
than five (5) business days prior to the Auditor commencing its audit; provided
that, prior to commencing such audit, the Auditor shall have agreed to hold in
confidence and not disclose to anyone, including the other party, unless
required by law, any of the information that the parties have designated in
writing as confidential. Each party is obligated to furnish or make available
to the Auditor such information in the party's possession as is required in the
Auditor's reasonable opinion to conduct the audit. The Auditor shall provide
both parties with a final written conclusion of compliance or non-compliance
and the amount of the discrepancy, if any, but shall not otherwise disclose any
confidential information of either party. If the Auditor discovers any
discrepancy, the Auditor's conclusions shall specify the amount owed to AB or
Anchor, and, in either event, a general statement as to the basis for the
discrepancy.

                                     -16-
<PAGE>
                           9.6.     Survival of Rights. The provisions of this
Section 9 shall expressly survive expiration or termination of this Agreement
for a period of two (2) years.

                  10.      PLANT VISITS.

                  Subject to Section 11 below, Anchor shall allow employees and
representatives of AB and Anheuser-Busch Companies, Inc. who have a legitimate
and non-competitive purpose to visit the Production Facilities and each of the
warehouses used by Anchor to store Bottles during normal business hours and
upon at least three (3) business days' notice; provided, however, where the
purpose of the visit is for health, sanitation or quality control inspections,
no notice need be given to Anchor. Such employees and representatives shall
have full access to all phases of operation but shall not unreasonably
interfere with Anchor 's operations. All such employees and representatives
shall abide by all applicable rules and regulations of the Production
Facilities with respect to visitors.

                  11.      CONFIDENTIALITY.

                           (a)      For the purposes of this Agreement the term
"Disclosees" shall mean: a party to this Agreement and each of its employees,
officers, directors, representatives, subsidiaries, affiliates, assigns,
subcontractors and any and all persons or business entities acting under it or
any of them.

                           (b)      For the purposes of this Agreement the term
"Confidential Information" shall mean (i) any information regarding a party's
cost of materials, production, raw materials, labor and other costs, suppliers,
customers or technology, whether or not labeled or described by such party as
"confidential," and (ii) all other information which is in writing and clearly
marked "Confidential" or which is reduced to writing and clearly marked
"Confidential"; provided, however, that Confidential Information shall not
include any such information which is (A) generally available to those skilled
in the art, (B) acquired from a third party rightfully having such information
and under no obligation to not disclose it to the Disclosees, (C) already
lawfully in the Disclosee's possession, or (D) developed by a Disclosee
independently of any confidential information disclosed to such party by, or
learned by such party from, the other party.

                           (c)      Subject to the terms of the next sentence,
each of the Disclosees shall treat in confidence and not disclose to others any
Confidential Information of the other party, which such Disclosees may have
furnished to them by the other party hereto or by any third party, or which
such Disclosees may have accessed in the performance of this Agreement.***

                  12.      PUBLIC STATEMENTS.

                  In the event that Anchor is required under applicable law to
file this Agreement or any related document pertaining to this Agreement or its
performance with the Securities and

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

                                     -17-
<PAGE>
Exchange Commission or any other regulatory authority, Anchor shall promptly
notify AB of such requirement and (i) use reasonable efforts to obtain
confidential treatment of any portion of this Agreement or related document for
which such treatment is requested by AB, (ii) to the extent requested by AB and
permitted by law, delete the most highly confidential elements of this
Agreement submitted for filing, including but not limited to all price and
other financial terms, (iii) promptly notify AB of any attempt by any party to
obtain access to any portion for which confidential treatment has been
requested, and (iv) at the request of AB, use reasonable efforts to defend
against any such attempt. Prior to including any discussion of this Agreement
or any related document in any document to be filed with the Securities and
Exchange Commission or any other regulatory authority, Anchor shall provide a
written description of such discussion to AB and shall make such changes
thereto as may be reasonably requested by AB within 20 days after AB has
received a copy of such proposed discussion, except to the extent that such
changes would violate applicable law. Anchor shall be free to file any proposed
discussion if AB fails to request changes within such 20 day period.

                  13.      NOTICES.

                  All notices from one party to the other under the terms of
this Agreement, unless otherwise directed, shall be in writing and shall be
hand delivered, sent by fax or certified mail, or sent by a responsible
overnight courier, addressed to the parties at the addresses indicated below
and shall be deemed delivered on the date of receipt, or the business day next
succeeding the date of posting if mailed:

                  If to AB:

                  Anheuser-Busch, Incorporated
                  c/o Anheuser-Busch Companies, Inc.
                  One Busch Place
                  St. Louis, Missouri 63118
                  Attention: Vice President, Corporate Purchasing
                  Fax Number: 314/577-9750

                  If to Anchor:

                  Anchor Glass Container Corporation
                  4343 Anchor Plaza Parkway
                  Tampa, Florida 33634
                  Attention: President
                  Fax Number: 813/882-5735

                  14.      ASSIGNMENT.

                  Neither party hereto shall assign its rights or obligations
under this Agreement to any third party without the prior written consent of
the other.

                                     -18-
<PAGE>
                  15.      INDEPENDENT CONTRACTOR.

                  Nothing contained in this Agreement shall create an
association partnership, joint venture or the relation of principal and agent
(except as specifically set forth herein). Neither of the parties hereto shall
have any authority to bind the other in any way except as stated herein. The
parties recognize that during the Term of this Agreement, there will be
employees of either party upon the premises of the other. It is understood and
agreed that on such occasions the employees of each party shall remain the
employees of that party solely, and that party shall be solely responsible for
the wages and benefits for its employees, and any injuries which are sustained
by such employees shall be covered under the Worker's Compensation insurance
contracts of the respective employers.

                  16.      ADDITIONAL AGREEMENTS.

                           16.1.    Maintenance of Corporate Existence. Each
party shall at all times maintain its corporate existence. Each party will do
or cause to be done all things necessary to preserve and keep in full force and
effect its rights (charter and statutory), licenses and franchises.

                           16.2.    Changes in Control.

                           (a)      Subject to the terms of subsection 16.2(b)
below, AB may terminate this Agreement upon at least ninety (90) days' notice
to Anchor, if (i) more than forty percent (40%) of the equity securities of
Anchor, Consumers, or Consumers USA are sold, conveyed, or assigned to a third
party or a group which is not affiliated through common majority ownership with
Anchor as of the date of this Agreement, or a sufficient number of such equity
securities are sold, conveyed or assigned to any such third party or group to
enable them to control the selection of a majority of the members of the board
of directors of Anchor, Consumers, or Consumers USA or such company's
equivalent highest level of management, (ii) Anchor or any Affiliate of Anchor
consolidates with, merges into, becomes an Affiliate of, or acquires a
controlling interest in (A) any other corporation (or other form of business
organization) which is a competitor of AB by engaging in any of the following
lines of business: production, marketing or distribution of any brand of
beverage products or the operation of public entertainment parks, or (B) any
producer of Beverage Bottles which has production facilities situated in the
United States; (iii) Anchor or any Affiliate of Anchor consolidates with or
merges into, or becomes an Affiliate of any other corporation (or other form of
business organization) the result of which is a change in Anchor's financial
condition which materially adversely affects Anchor's ability to perform this
Agreement; or (iv) Anchor sells, leases or otherwise transfers full or partial
control or ownership of any Production Facility to any third party which is not
an Affiliate of Anchor; provided, however, that Anchor shall be entitled to
engage in a sale and leaseback transaction involving one or more of the
Production Facilities with one or more financial institutions without AB being
entitled to invoke its rights under this Section.

                           (b)      AB understands that Anchor and its
Affiliates intend to engage in a restructuring of the ownership of Anchor and
its Affiliates. Notwithstanding anything to the contrary in subsection 16.2(a)
above, AB agrees to waive any right of termination or purchase

                                     -19-
<PAGE>
that may arise in connection with such a restructuring; provided, that (i) Mr.
John J. Ghaznavi retains Control of Anchor, (ii) Anchor does not transfer to
any other person, including an Affiliate, ownership or operating control with
respect to a material portion of its capital assets, other than those replaced
in the ordinary course of business (and except as otherwise agreed to by AB in
writing), and (iii) Anchor does not assign or transfer this Agreement by
operation of law to any other person, including another Affiliate, without AB's
written consent. Anchor further agrees to keep AB informed of all material
changes to Anchor's ownership structure. As used in this Section 16.2(b),
"Control" means ownership, directly or indirectly, of a majority of the
outstanding equity securities of a company and an ability to control the
selection of a majority of the members of the board of directors of such
company or its equivalent highest level of management.

                           16.3.    Insurance. At all times during the Term of
this Agreement, Anchor shall maintain in full force and effect with insurance
carriers of recognized national standing subject to commercially reasonable
self-insured retention levels: (i) Product Liability Insurance, with a Broad
Form Vendor's Endorsement naming AB as an additional insured, with limits of
liability of at least*** combined limits covering any liability which AB may
incur as a result of Anchor supplying Bottles reasonably demonstrated or
stipulated to be defective and any defense costs which AB may incur as a result
of Anchor supplying Bottles alleged to be defective; (ii) fire and extended
coverage insurance insuring each of the Production Facilities at full
replacement cost; and (iii) workers compensation insurance, including employers
liability coverage, of at least one million dollars ($1,000,000). Within thirty
(30) days of execution of this Agreement, Anchor shall provide AB with a
certificate from its licensed insurance broker, evidencing the foregoing
coverage effective as of January 1, 2001, and providing that AB shall be given
at least thirty (30) days' notice of cancellation, non-renewal or restrictive
endorsement with respect to any of the foregoing coverages. Anchor shall
provide AB with similar certificates evidencing renewal of such coverage prior
to the expiration of any such policies of insurance, and shall use its best
efforts to provide such certificates at least thirty (30) days prior to
expiration.

                           16.4.    Intentionally Omitted.

                           16.5.    Improper Payments. Anchor hereby warrants
that no payments have been or shall be made, directly or indirectly, by or on
behalf of Anchor to or for the benefit of any AB employee or agent who may
reasonably be expected to influence the decision to purchase Bottles. As used
herein "payments" shall include money, property, services and all other forms
of consideration. AB may verify Anchor's compliance with this warranty in
accordance with the audit provisions in Section 9 above.

                           16.6.    Cullet. Anchor shall offer AB (or its
designated Affiliate) the opportunity to sell cullet to Anchor at market
prices, so long as such sales do not conflict with Anchor's cullet supply
agreements in effect on the date hereof, or with Anchor's internal cullet
supply system, and so long as Anchor is then buying cullet.

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

                                     -20-
<PAGE>
                  17.      REPRESENTATIONS AND WARRANTIES OF ANCHOR.

                  Without limiting any of its warranties specified in Section
4, Anchor covenants, represents and warrants to AB as follows:

                           17.1.    Organization and Existence. Anchor is a
corporation duly organized, validly existing and in good standing under the
laws of the State of Delaware. Anchor has full corporate power and authority to
carry on its business as now conducted and as currently proposed to be
conducted, and to execute, deliver and carry out the terms of this Agreement.
Anchor has all permits and authorizations necessary to carry on its business as
presently conducted, and is duly qualified to do business as a foreign
corporation in good standing in each jurisdiction wherein the nature of
Anchor's business and operations or the character of the properties owned or
held under lease by Anchor makes such qualification necessary and in which the
failure to so qualify would have a materially adverse effect on the business,
prospects, profits, condition or operations, financial or otherwise, of Anchor.

                           17.2.    Authorization; No Legal Bar. The execution,
delivery and performance by Anchor of this Agreement have been duly authorized
by all necessary corporate action on the part of Anchor and do not require any
approval of Anchor's shareholders or approval or consent of any holder (or
trustee of any holder) of any indebtedness or other obligations of Anchor,
except such as have been duly obtained with certified copies of such approval
or consent delivered to AB. Neither the execution and delivery nor the
performance by Anchor of this Agreement does or will contravene any law or
governmental rule or regulation, or any judgment or order, applicable to or
binding on Anchor or any of its Affiliates, or Anchor's charter documents, or
result in any breach of or constitute any default under, or result in the
creation of any lien upon any property of Anchor under, any indenture, mortgage
or other agreement or instrument to which Anchor or any of its Affiliates is a
party or by which it or any of its Affiliates, or any of its or their
respective properties, may be bound or affected. Each of the Production
Facilities is in compliance in all material respects and Anchor shall cause
each of the Production Facilities to remain in compliance in all material
respects throughout the Term with all existing federal, state and local
governmental laws and regulations including, without limitation, all laws and
regulations pertaining to air emissions, liquid effluents, and noise levels.

                           17.3.    Governmental Approvals. Neither the
execution and delivery nor the performance by Anchor of this Agreement requires
any consent or approval of, giving notice to, registration with, or taking of
any other action in respect of, any federal or state governmental authority or
agency.

                           17.4.    Other Agreements. Anchor is not a party to
any agreement or instrument, or subject to any charter or any corporate
restriction, which individually, or in the aggregate would materially adversely
affect Anchor's financial condition, business or operations or would adversely
affect the ability of Anchor to perform its obligations under this Agreement.

                           17.5.    Execution, Delivery and Enforceability.
This Agreement and all related documents have been duly executed and delivered
by Anchor. Assuming the due authorization (corporate and otherwise) and
execution and delivery thereof by AB, this Agreement constitutes a legal, valid
and binding agreement or obligation of Anchor enforceable

                                     -21-
<PAGE>
against it in accordance with its terms, subject to applicable bankruptcy,
insolvency, and similar laws affecting the enforcement of creditors' rights
generally.

                  18.      REPRESENTATIONS AND WARRANTIES OF AB.

                  AB covenants, represents and warrants to Anchor as follows:

                           18.1.    Corporate Existence and Power. AB is a
corporation duly organized, validly existing and in good standing under the
laws of the State of Missouri. AB has full corporate power and authority to
carry on its business as now conducted and as currently proposed to be
conducted, and to execute, deliver and carry out the terms of this Agreement.
AB has all permits and authorizations necessary to carry on its business as
presently conducted, and is duly qualified to do business as a foreign
corporation in good standing in each jurisdiction wherein the nature of AB's
business and operations or the character of the properties owned or held under
lease by AB makes such qualification necessary and in which the failure to so
qualify would have a materially adverse effect on the business, prospects,
profits, condition or operations, financial or otherwise, of AB.

                           18.2.    Authorization; No Legal Bar. The execution,
delivery and performance by AB of this Agreement have been duly authorized by
all necessary corporate action on the part of AB and do not require any
approval of AB's shareholders or approval or consent of any holder (or trustee
for any holder) of any indebtedness or other obligations of AB, except such as
have been duly obtained with certified copies of such approval or consent
delivered to Anchor. Neither the execution and delivery nor the performance by
AB of this Agreement does or will contravene any law or governmental rule or
regulation, or any judgment or order, applicable to or binding on AB or any of
its Affiliates, or AB's charter documents, or result in any breach of or
constitute any default under, or result in the creation of any lien upon any
property of AB under any indenture, mortgage or other agreement or instrument
to which AB or any of its Affiliates is a party or by which it or any of its
Affiliates, or any of its or their respective properties, may be bound or
affected.

                           18.3.    Governmental Approvals. Neither the
execution and delivery nor the performance by AB of this Agreement requires any
consent or approval of, giving notice to, registration with, or taking of any
other action in respect of, any federal or state governmental authority or
agency.

                           18.4.    Other Agreements. AB is not a party to any
agreement or instrument, or subject to any charter or any corporate
restriction, which individually or in the aggregate would materially adversely
affect AB's financial condition, business or operations or would adversely
affect the ability of AB to perform its obligations under this Agreement.

                           18.5.    Execution, Delivery and Enforceability.
This Agreement and all related documents have been duly executed and delivered
by AB. Assuming the due authorization (corporate and otherwise) and execution
and delivery thereof by Anchor, this Agreement constitutes a legal, valid and
binding agreement or obligation of AB enforceable against it in accordance with
its terms, subject to applicable bankruptcy, insolvency, and similar laws
affecting the enforcement of creditors' rights generally.

                                     -22-
<PAGE>
                  19.      DISPUTE RESOLUTION.

                           19.1.    Guiding Principles. Any dispute arising out
of or relating to this Agreement (in each case a "Dispute") shall be resolved
in accordance with the procedures specified in this Section 19, which shall be
the sole and exclusive procedures for the resolution of any such Disputes;
provided, however, that a party, without prejudice to the procedures set forth
below, may file a complaint to seek a preliminary injunction or other
provisional judicial relief, if in its sole judgment such action is necessary
to avoid irreparable damage or to preserve the status quo. Despite such action
the parties will continue to participate in good faith using the procedures
specified in this Section 19. All negotiations and proceedings pursuant to this
Section 19, other than litigation, are confidential and shall be treated as
compromise and settlement negotiations for purposes of applicable rules of
evidence. All applicable statutes of limitation and defenses based upon the
passage of time shall be tolled while the procedures specified in this Section
19 are pending. The parties will take such action, if any, required to
effectuate such tolling. Other than as required or permitted by a court order,
each party will continue to perform its obligations under this Agreement
pending final resolution of any Dispute arising out of or relating to this
Agreement.

                           19.2.    Procedures.

                                    19.2.1.  The parties shall attempt
settlement of each Dispute through good faith friendly consultations. If no
settlement can be reached through such consultations within sixty (60) days
after either party has notified the other party in writing of the existence of
a Dispute, then either party may exercise its right to seek resolution of the
Dispute through mediation pursuant to the terms of Section 19.2.2 below by
notifying the other party in writing within thirty (30) days after expiration
of the aforementioned sixty (60) day period.

                                    19.2.2.  If one party chooses to mediate
the Dispute in accordance with the terms of Section 19.2.1, the parties shall
mutually endeavor to settle the Dispute by confidential mediation with
reasonable promptness under the then current CPR Mediation Procedure. Unless
otherwise agreed, the parties will select a mediator from the CPR Panels of
Neutrals and shall notify CPR to initiate the selection process.

                                    19.2.3.  If the mediation specified in
Section 19.2.2. fails, then either party may pursue any remedy available to it
at law or in equity.

                  20.      MISCELLANEOUS.

                           20.1.    Severability. Any provision of this
Agreement that is prohibited or unenforceable in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof, and any
such prohibition or unenforceability of any jurisdiction shall not of itself
invalidate or render unenforceable such provision in any other jurisdiction.

                           20.2.    Waivers; Modifications. No term or
provision of this Agreement may be changed, waived, discharged or terminated
orally, but only by an instrument in writing signed by the party against which
enforcement of the change, waiver, discharge or termination is sought. The
rights and remedies set forth herein are intended to be cumulative, and unless
the

                                     -23-
<PAGE>
specific terms of this Agreement expressly provide otherwise, the exercise of
any right or remedy by either party shall not preclude or waive its exercise of
any other rights or remedies under this Agreement or pursuant to law or equity.

                           20.3.    Authorization; Binding Effect; Successors
and Assigns. Each of the individuals executing this Agreement certifies that he
or she is duly authorized to do so. The terms and provisions of this Agreement
and the respective rights and obligations of the parties hereunder shall be
binding upon and inure to the benefit of the parties and their respective
successors and permitted assigns. Any permitted assignee of this Agreement,
including but not limited to an Affiliate of Anchor, shall, prior to such
assignment furnish to the other party satisfactory evidence of such assignee's
unconditional assumption of all liabilities and obligations of the applicable
assignor.

                           20.4.    Reproduction of Documents. This Agreement
and all documents relating hereto, may be reproduced by any photographic,
photostatic, microfilm, microcard, miniature photographic or other similar
process. Each party hereto stipulates that, to the extent permitted by law, any
such reproduction shall be admissible in evidence as the original itself in any
judicial or administrative proceeding, and any enlargement, facsimile or
further reproduction of such reproduction shall likewise be admissible in
evidence.

                           20.5.    Entire Agreement. This Agreement, including
each Attachment referred to in this Agreement, represents the complete
agreement of the parties with respect to the transactions contemplated
hereunder, and supersedes all prior or contemporaneous agreements,
representations, promises or understandings in connection therewith, whether
oral or written. All statements contained in any certificate or other
instrument delivered hereafter by or on behalf of any party hereto pursuant
hereto or in connection with the performance of the transactions contemplated
hereby shall be deemed representations and warranties by such party hereunder.

                           20.6.    Captions; References. The captions in this
Agreement and in the table of contents are for convenience of reference only
and shall not define or limit any of the terms or provisions hereof. Reference
herein to sections and subsections without reference to the document in which
they are contained are references to this Agreement.

                           20.7.    Governing Law. This Agreement is entered
into in the State of Missouri and shall be governed by the provisions of the
UCC. To the extent that there is to be a delivery or performance of services
hereunder, such services shall be deemed "goods" within the meaning of the UCC.
In any event, this Agreement shall be governed by and construed in accordance
with the laws of the State of Missouri.

                           20.8.    Equal Opportunity. Anchor shall sign a copy
of the Equal Employment Opportunity Compliance Certificate, in the form
attached hereto as Attachment 20.8, at the time this Agreement is executed by
the parties.

                                     -24-
<PAGE>
                  IN WITNESS WHEREOF, each of the parties has caused this
Agreement to be executed by its duly authorized representative on the day and
year first set forth above.

                                    ANHEUSER-BUSCH, INCORPORATED (AB)

                                    By: /s/ Charles R. Koenig
                                       ----------------------------------------
                                        Charles R. Koenig, Vice President
                                        an authorized representative

                                    ANCHOR GLASS CONTAINER CORPORATION

                                    By: /s/ Richard Deneau
                                       ----------------------------------------
                                        Print Name: Richard Deneau
                                        Title: President

                                     -25-
<PAGE>
                                 ATTACHMENT 2.1

                  ***

---------
***      Portions hereof (two pages) have been omitted and filed separately
         with the Commission pursuant to a request for confidential treatment
         in accordance with Rule 24-b.

<PAGE>
                                 ATTACHMENT 3.1

                  ***

---------
***      Portions hereof (three pages) have been omitted and filed separately
         with the Commission pursuant to a request for confidential treatment
         in accordance with Rule 24-b.

<PAGE>
                                 ATTACHMENT 3.2

                  ***

---------
***      Portions hereof (two pages) have been omitted and filed separately
         with the Commission pursuant to a request for confidential treatment
         in accordance with Rule 24-b.

<PAGE>
                                 ATTACHMENT 3.3

                  ***

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

<PAGE>
                               ATTACHMENT 3.6(A)

                  ***

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.

<PAGE>
                               ATTACHMENT 3.7(D)

                  ***

---------
***      Portions hereof have been omitted and filed separately with the
         Commission pursuant to a request for confidential treatment in
         accordance with Rule 24-b.<PAGE>

                                                                    Exhibit 10.9

                 AMENDMENT NO. 1 TO LOAN AND SECURITY AGREEMENT

         AMENDMENT NO. 1 TO LOAN AND SECURITY AGREEMENT (this "Amendment"),
dated as of December 31, 2002, is by and among Anchor Glass Container
Corporation ("Borrower"), the financial institutions from time to time parties
to the Loan Agreement (as hereinafter defined) as lenders (each individually, a
"Lender" and collectively, "Lenders"), and Congress Financial Corporation
(Central), an Illinois corporation, in its capacity as agent for Lenders (in
such capacity, "Agent").

                              W I T N E S S E T H :

         WHEREAS, Agent, Lenders and Borrower have entered into financing
arrangements pursuant to which Lenders (or Agent on behalf of Lenders) may make
loans and advances and provide other financial accommodations to Borrower as set
forth in the Loan and Security Agreement, dated as of August 30, 2002, by and
among Agent, Bank of America, N.A., as documentation agent, Lenders and Borrower
(as the same now exists or may hereafter be amended, modified, supplemented,
extended, renewed, restated or replaced, the "Loan Agreement") and other
agreements, documents and instruments referred to therein or at any time
executed or delivered in connection therewith or related thereto, including,
without limitation, this letter agreement (all of the foregoing, including the
Loan Agreement, as the same now exist or may hereafter be amended, modified,
supplemented, extended, renewed, restated or replaced, being collectively
referred to herein as the "Financing Agreements");

         WHEREAS, General Electric Capital Corporation, a Delaware corporation
(together with its successors and assigns, "GECC"), has heretofore become a
Revolving Loan Lender under the Revolving Loan Agreement pursuant to an
Assignment and Acceptance Agreement, dated as September 20, 2002, between
Congress Financial Corporation (Central) (the "Assignment and Acceptance");

         WHEREAS, Agent, Lenders and Borrower have agreed to amend the Loan
Agreement to designate GECC as syndication agent and lead bookrunner under the
Loan Agreement;

         WHEREAS, by this Amendment, Agent, Lenders and Borrower desire and
intend to evidence such amendments;

         NOW, THEREFORE, in consideration of the foregoing and the mutual
agreements and covenants contained herein, the parties hereto agree as follows:

         1.  Definitions.

                  1.1    Amendment to Definition. All references to the term
"Loan Agreement" in any of the Financing Agreements shall be deemed and each
such

<PAGE>

reference is hereby amended to add "General Electric Capital Corporation, as
Lead Bookrunner and Syndication Agent".

                  1.2    Interpretation. For purposes of this Amendment, unless
otherwise defined herein, all terms used herein, including, but not limited to,
those terms used or defined in the recitals above, shall have the respective
meanings ascribed to such terms in the Loan Agreement.

         2.  Designation of Lead Bookrunner and Syndication Agent.

                  2.1    GECC is hereby designated lead bookrunner and
syndication agent under the Loan Agreement.

                  2.2    Section 12.1 of the Loan Agreement is hereby amended
by adding the following new sentence at the end thereof as follows:

         "The identification of General Electric Capital Corporation as lead
bookrunner and syndication agent under the Loan Agreement shall not create any
rights in favor of it in such capacity nor subject it to any duties or
obligations in such capacity."

         3.  Additional Representations, Warranties and Covenants. In addition
to the continuing representations and warranties heretofore or hereafter made by
Borrower to Agent and Lenders pursuant to the Loan Agreement and the other
Financing Agreements, Borrower hereby represents, warrants and covenants with,
to and in favor of Agent and Lenders as follows (which representations,
warranties and covenants are continuing and shall survive the execution and
delivery hereof and shall be incorporated into and made a part of the Financing
Agreements):

                  3.1    This Amendment has been duly authorized, executed and
delivered by all necessary action of Borrower, and is in full force and effect,
and the agreements and obligations of Borrower contained herein constitute
legal, valid and binding obligations of Borrower enforceable against Borrower in
accordance with its terms.

                  3.2    No Event of Default exists or has occurred, and no
event or condition which with the giving of notice or passage of time, or both,
 would constitute an Event of Default, exists or has occurred or is continuing
on the date hereof.

         4.  Conditions Precedent. The effectiveness of the amendment by Agent
contained herein shall be subject to the satisfaction, in a manner satisfactory
to Agent, of the following conditions precedent:

                  4.1    Agent shall have received a counterpart of this
Amendment, duly authorized, executed and delivered by Borrower and each Lender;

<PAGE>

                  4.2    Agent shall have received a counterpart of a letter
agreement with respect to the Collateral Agency Agreement, duly authorized,
executed and delivered by the other parties thereto;

                  4.3    All representations and warranties contained herein
shall be true and correct; and

                  4.4    no Event of Default shall exist or have occurred, and
no event or condition, which with the giving of notice or passage of time, or
both, would constitute an Event of Default, shall exist or have occurred.

         5.  Effect of this Amendment. Except as expressly set forth herein, no
other amendments, consents, changes or modifications to the Loan Agreement or
any of the other Financing Agreements are intended or implied, and in all other
respects the Loan Agreement and the other Financing Agreements are hereby
specifically ratified, restated and confirmed by all the parties hereto as of
the effective date hereof and Borrower shall not be entitled to any other or
further amendment or consent by virtue of the provisions of this Amendment or
with respect to the subject matter of this Amendment. To the extent of any
conflict between the terms of this Amendment and the Loan Agreement, the terms
of this Amendment shall control. The Loan Agreement and this Amendment shall be
read and construed as one agreement.

         6.  Further Assurances. The parties hereto shall execute and deliver
such additional documents and take such additional action as may be necessary or
desirable to effectuate the provisions and purposes of this Amendment.

         7.  Governing Law. The validity, interpretation and enforcement of this
Amendment and the other Financing Agreements and any dispute arising out of the
relationship between the parties hereto whether in contract, tort, equity or
otherwise, shall be governed by the internal laws of the State of Illinois
(without giving effect to principles of conflict of laws).

         8.  Binding Effect. This Amendment shall be binding upon and inure to
the benefit of each of the parties hereto and their respective successors and
assigns.

         9.  Headings. The headings listed herein are for convenience only
and do not constitute matters to be construed in interpreting this Amendment.

        10.  Counterparts. This Amendment may be executed in any number of
counterparts, but all of such counterparts shall together constitute but one and
the same agreement. In making proof of this Amendment, it shall not be necessary
to produce or account for more than one counterpart thereof signed by each of
the parties hereto. Delivery of an executed counterpart of this Amendment by
telefacsimile shall have the same force and effect as delivery of an original
executed counterpart of this Amendment. Any party delivering an executed
counterpart of this Amendment by telefacsimile also shall deliver an original
executed counterpart of this Amendment, but the failure to

<PAGE>

deliver an original executed counterpart shall not affect the validity,
enforceability, and binding effect of this Amendment as to such party or any
other party.

[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed and delivered by their authorized officers as of the day and year
first above written.

AGENT                                                 BORROWER

CONGRESS FINANCIAL CORPORATION                        ANCHOR GLASS CONTAINER
  (CENTRAL), as Agent                                   CORPORATION

By:  /s/ John Freeman                                 By: /s/ Darrin J. Campbell
     ---------------------------------------              ----------------------

Title: AVP                                            Title: EVP and CFO

LENDERS

CONGRESS FINANCIAL CORPORATION
  (CENTRAL)

By:  /s/ John Freeman
     ---------------------------------------

Title: AVP

BANK OF AMERICA, N.A.

By:  /s/ Debra A. Rathberger
     ---------------------------------------

Title: SVP

GENERAL ELECTRIC CAPITAL CORPORATION

By:
     ---------------------------------------

Title: Duly Authorized Signatory

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