Document:

Green Mountain Coffee, Inc.
                         EMPLOYEE STOCK OWNERSHIP TRUST

                                TABLE OF CONTENTS

                                                                           PAGE
                                                                           ----

ARTICLE 1..................................................................   2
         Name..............................................................   2

ARTICLE 2..................................................................   2
         Management and Control of Trust Fund Assets.......................   2
                  2.1      The Trust Fund..................................   2
                  2.2      Collective Investment...........................   2
                  2.3      Allocation and Segregation of Funds Among
                           Employers.......................................   2
                  2.4      Withdrawals.....................................   3
                  2.5      Responsibility of Trustee.......................   3
                  2.6      General Powers..................................   4
                  2.7      Compensation and Expenses.......................   9
                  2.8      Exercise of Trustee's Duties....................   9
                  2.9      Plan Administration.............................  10
                  2.10     Continuation of Powers Upon Trust Termination...  10

ARTICLE 3..................................................................  10
         Provisions Related to Investment in Company Stock.................  10
                  3.1      Investment of Cash..............................  10
                  3.2      Stock Dividends, Splits and Other Capital
                           Reorganizations.................................  11
                  3.3      Voting of Shares and Tender or Exchange Offers..  11
                  3.4      Put Option......................................  11

ARTICLE 4..................................................................  12
         Miscellaneous.....................................................  12
                  4.1      Disagreement as to Acts.........................  12
                  4.2      Persons Dealing with Trustee....................  12
                  4.3      Benefits May Not Be Assigned or Alienated.......  12
                  4.4      Evidence........................................  12
                  4.5      Waiver of Notice................................  12
                  4.6      Counterparts....................................  13
                  4.7      Governing Laws and Severability.................  13
                  4.8      Successors......................................  13
                  4.9      Action..........................................  13
                  4.10     Conformance with Plan...........................  13
                  4.11     Indemnification.................................  14
                  4.12     Gender and Number...............................  14
                  4.13     Headings........................................  14

ARTICLE 5..................................................................  14
         No Reversion to Company...........................................  14

ARTICLE 6..................................................................  15
         Change of Trustee.................................................  15
                  6.1      Resignation.....................................  15
                  6.2      Removal of the Trustee..........................  16
                  6.3      Duties of Resigning or Removed Trustee and
                           of Successor Trustee...........................   16
                  6.4      Filling Trustee Vacancy.........................  16
                  6.5      Successor Trustee...............................  16

ARTICLE 7..................................................................  17
         Additional Employers..............................................  17

ARTICLE 8..................................................................  17
         Amendment and Termination.........................................  17
                  8.1      Amendment.......................................  17
                  8.2      Termination.....................................  18

<PAGE>

                           GREEN MOUNTAIN COFFEE, Inc.
                         EMPLOYEE STOCK OWNERSHIP TRUST

                  THIS  AGREEMENT,  made effective as of the 1st day of January,
2000, by and between Green Mountain  Coffee,  Inc., a Delaware  corporation (the
"Company"),  and Robert D. Britt, and his successor or successors and assigns in
the trust hereby evidenced, as Trustee (the "Trustee").

                                           WITNESSETH THAT:
                                           ---------------

                  WHEREAS,  the Company  desires to establish the Green Mountain
Coffee,  Inc.  Employee  Stock  Ownership  Plan (the "Plan") as a  tax-qualified
employee stock  ownership plan that is intended to satisfy the  requirements  of
Sections 401(a) and 4975(e)(7) of the Internal  Revenue Code of 1986, as amended
(the "Code"); and

                  WHEREAS,  the Company  intends to  establish  the Plan for the
exclusive  benefit  of  eligible  employees  of the  Company  and  those  of any
Controlled  Group  Member (as  defined  in  Article 7) which  adopt the Plan and
become a party to this Trust Agreement as provided in Article 7 (the Company and
the Controlled  Group Members that are parties hereto are sometimes  referred to
below collectively as the "Employers" and individually as an "Employer"); and

                  WHEREAS,  the Company intends to fund the Plan through a trust
arrangement the provisions of which are contained in this document;

                  WHEREAS, Robert D. Britt was appointed the sole trustee of the
                  trust arrangement of the Plan as of January 1, 2000.

                  NOW  THEREFORE,  pursuant to the  authority  delegated  to the
undersigned  officers of the  Company by  resolution  of its Board of  Directors
adopted on September 14, 2000, IT IS AGREED,  by and between the parties hereto,
that the trust provisions contained herein shall constitute the Trust, effective
as of  January 1, 2000,  and the sole  agreement  between  the  Company  and the
Trustee in connection with the Plan; and

                  IT IS FURTHER  AGREED,  that the  Trustee  hereby  accepts his
appointment as such under this Trust Agreement, effective as of January 1, 2000.

                  IT IS FURTHER  AGREED,  by and between  the parties  hereto as
follows:

         ARTICLE 1     Name

                  This Trust Agreement and Trust hereby evidenced shall be known
as the "GREEN MOUNTAIN COFFEE, INC. EMPLOYEE STOCK OWNERSHIP TRUST."

         ARTICLE 2     Management and Control of Trust Fund Assets

2.1      The Trust Fund

                  The "Trust  Fund" as at any date means all  property  of every
kind then held by the Trustee pursuant to this Agreement.

2.2      Collective Investment

                  Except as is  necessary  to comply  with the  requirements  of
subsection 2.6, the Trustee may manage, invest and account for all contributions
made by the several Employers under the Plan as one Trust Fund.

2.3      Allocation and Segregation of Funds Among Employers

                  The Trustee is directed to maintain at all times such  records
as will  enable  it to  effect,  as of any time,  an  equitable  allocation  and
segregation of the assets of the Trust Fund into one or more separate funds held
for the exclusive benefit of each Employer.  If the  Administrator  notifies the
Trustee (in  writing) to effect such  allocation  and  segregation,  the Trustee
shall do so as soon  thereafter as  practicable.  Thereafter,  the Trustee shall
administer  such  separate  fund in  accordance  with  the  otherwise-applicable
provisions of this Trust, or, if so directed by the Administrator, shall deliver
the  assets  of such  separate  fund to  such  successor  trustee  as  shall  be
designated by the Administrator.

                  If, for any reason,  it becomes  necessary  to  determine  the
portion  of the  Trust  Fund  allocable  to each  of the  employees  and  former
employees of any Employer as of any date, the  Administrator  shall specify such
date as an Accounting Date, and after all adjustments required under the Plan as
of  that  Accounting  Date  have  been  made,  the  portion  of the  Trust  Fund
attributable  to each of the employees and former  employees shall be determined
by the Trustee with the assistance  and  cooperation  of the  Administrator  and
shall  consist of an amount equal to the  aggregate  of the account  balances of
each  employee and former  employee of that Employer plus an amount equal to any
allocable contributions made by that Employer since the close of the immediately
preceding Plan Year.

2.4      Withdrawals

                  For the purpose of making payment or  distribution of benefits
or expenses  that become  payable or  distributable  in the  ordinary  course of
administering  the Plan,  the Plan may  withdraw  any part or all of the account
balance in any Fund at any time.  Such a withdrawal  will be deemed to have been
made  whenever  the  Trustee  makes  a  distribution  at  the  direction  of the
Administrator to a person or persons  designated to receive such distribution by
the Administrator. The Trustee may distribute the Plan's entire account balances
in the  Trust  Fund  as of  any  Accounting  Date  if  directed  to do so by the
Administrator and shall do so if it is notified that:

                  (a)      The Plan is no longer a qualified plan; or

                  (b)      The  Plan  either  no  longer   contains   provisions
                           permitting  deposits  to be made to this  Trust or no
                           longer  incorporates the provisions of this agreement
                           by reference.

Any  distribution  may be made in cash or in  property,  or partly  in each,  as
determined  by the  Administrator,  except  that any  property  included  in any
distribution  shall  be  valued  at its  fair  market  value  as of the  date of
distribution,  as determined by the Trustee.  Whenever a distribution is made as
of a date other than the Accounting  Date,  the Plan's  account  balance will be
charged no later than the Accounting Date next following the date the withdrawal
is made by the dollar amount of the withdrawal.

2.5      Responsibility of Trustee

                  The  Trustee  shall  not be  responsible  in any  way  for the
adequacy of the Trust Fund to meet and  discharge any or all  liabilities  under
the Plan or for the proper  application  of  distributions  made or other action
taken upon the written direction of the  Administrator.  The powers,  duties and
responsibilities  of the  Trustee  shall be  limited  to those set forth in this
Trust  Agreement,  and nothing  contained  in the Plan,  either  expressly or by
implication,  shall be  deemed  to  impose  any  additional  powers,  duties  or
responsibilities on the Trustee.

2.6      General Powers

                  Subject  to the  provisions  of  paragraphs  2.8  and  2.9 and
Article 3, with respect to the Trust Fund,  the Trustee shall have the following
powers,  rights and duties in addition to those provided elsewhere in this Trust
Agreement or by law:

                  (a)      to receive and to hold all  contributions  paid to it
                           under the Plan; provided,  however,  that the Trustee
                           shall have no duty to require any contributions to be
                           made  to it,  to  determine  that  the  contributions
                           received by it comply with the provisions of the Plan
                           or  with  any  resolution  of  the  Board   providing
                           therefor;

                  (b)      as directed by the  Administrator,  to retain in cash
                           (pending investment, reinvestment or the distribution
                           of  dividends)  such  reasonable  amount  as  may  be
                           required for the proper  administration  of the Trust
                           and to invest such cash as provided in paragraph 3.1;

                  (c)      as   directed   by    the   Administrator,  to   make
                           distributions from the Trust Fund to such persons, in
                           such manner,  at such times and in  such forms (stock
                           of   the   Company  ("Company  Stock"),  cash   or  a
                           combination of both) as directed without inquiring as
                           to whether a payee is entitled to the  payment, or as
                           to whether a payment is proper, and without liability
                           for  a  payment  made  in  good faith  without actual
                           notice  or knowledge  of  the  changed  condition  or
                           status  of the  payee. If  any  payment  of  benefits
                           directed  to be made  from  the  Trust  Fund  by  the
                           Trustee is not claimed, the  Trustee shall notify the
                           Administrator    of   that    fact   promptly.    The
                           Administrator  shall  make  a   diligent  effort   to
                           ascertain the whereabouts of the payee or distributee
                           of  benefits  returned unclaimed.   The Trustee shall
                           dispose of such  payments as the Administrator  shall
                           direct.   The Trustee shall  have  no  obligation  to
                           search for or ascertain the whereabouts  of any payee
                           or distributee of benefits from the Trust Fund;

                  (d)      to vote any stocks  (including  Company Stock,  which
                           shall be voted as  provided  in Section  13(b) of the
                           Plan,  as that  Section  may be amended  from time to
                           time),  bonds or other  securities held in the Trust,
                           or otherwise  consent to or request any action on the
                           part of the  issuer in  person,  by proxy or power of
                           attorney;

                  (e)      to  contract  or  otherwise  enter into  transactions
                           between  itself,  as Trustee,  and the Company or any
                           Company shareholder,  for the purpose of acquiring or
                           selling Company Stock and,  subject to the provisions
                           of paragraph 2.8, to retain such Company Stock;

                  (f)      to compromise, contest, arbitrate,  settle or abandon
                           claims and demands by or against the Trust Fund;

                  (g)      to begin, maintain or defend any litigation necessary
                           in connection with the investment,  reinvestment  and
                           administration  of the Trust,  and, to the extent not
                           paid from the Trust Fund, the Company shall indemnify
                           the Trustee  against  all  expenses  and  liabilities
                           reasonably  sustained or  anticipated by it by reason
                           thereof (including reasonable attorneys' fees);

                  (h)      to  retain  any  funds  or  property  subject  to any
                           dispute   without   liability   for  the  payment  of
                           interest,  or to decline to make  payment or delivery
                           thereof until final  adjudication  is made by a court
                           of competent jurisdiction;

                  (i)      to report to the  Company  as of the last day of each
                           Plan Year of the Plan (which shall be the same as the
                           Trust's fiscal year),  as of any Accounting  Date (or
                           as soon thereafter as practicable),  or at such other
                           times as may be  required  under the  Plan,  the then
                           "Net  Worth" of the  Trust  Fund,  that is,  the fair
                           market value of all property  held in the Trust Fund,
                           reduced by any liabilities  other than liabilities to
                           Participants in the Plan and their Beneficiaries,  as
                           determined by the Trustee;

                  (j)      to furnish to the  Company an annual  written account
                           and  accounts  for  such  other  periods  as  may  be
                           required under the Plan, showing the Net Worth of the
                           Trust Fund at the end of the period, all investments,
                           receipts,  disbursements and other  transactions made
                           by the Trustee during the accounting period, and such
                           other information  as the  Trustee may  possess which
                           the Company requires in order  to comply with Section
                           103  of  ERISA.   The  Trustee  shall  keep  accurate
                           accounts  of all investments,  earnings  thereon, and
                           all accounts,  books  and  records  related  to  such
                           investments shall be open to inspection by any person
                           designated by the Company or the  Administrator.  All
                           accounts of the  Trustee shall be kept  on an accrual
                           basis.  If, during the term of this  Trust Agreement,
                           the  Department  of  Labor issues  regulations  under
                           ERISA regarding the  valuation of securities or other
                           assets for purposes of the reports required by ERISA,
                           the Trustee  shall use  such  valuation  methods  for
                           purposes   of   the   accounts   described  by   this
                           subparagraph.  If  shares of  Company  Stock are  not
                           traded  with  sufficient  volume   or  frequency,  as
                           determined by the Administrator,  to be considered as
                           being  readily  tradable  on  a  national  securities
                           market or  exchange,  all  valuations  of  shares  of
                           Company  Stock   shall  originally   be  made  by  an
                           independent appraiser (as described in Section 401(a)
                           (28)(C)  of the  Code)  retained by the  Trustee, and
                           reviewed and  finalized by the  Trustee in accordance
                           with  Section  3(18)(B) of  ERISA.  The  Company  may
                           may approve  such accounting  by  written  notice  of
                           approval  delivered to the  Trustee  or by failure to
                           express  objection  to  such  accounting  in  writing
                           delivered to the Trustee within thirty (30) days from
                           the date upon  which the accounting was  delivered to
                           the Company.  Upon  the receipt of a written approval
                           of the accounting, or upon the  passage of the period
                           of time  within which objection  may be filed without
                           written  objections  having  been  delivered  to  the
                           Trustee,  such  accounting  shall  be  deemed  to  be
                           approved,  and the  Trustee  shall  be  released  and
                           discharged as to  all items, matters   and things set
                           forth in such account, as fully as if such accounting
                           had been settled and allowed by decree  of a court of
                           competent  jurisdiction in an action or proceeding in
                           which the Trustee, the Company and all persons having
                           or claiming to have any interest in the Trust Fund or
                           under the Plan were parties.

                  (k)      to pay any estate, inheritance,  income or other tax,
                           charge  or  assessment  attributable  to any  benefit
                           which, it shall or may be required to pay out of such
                           benefit;  and to require  before  making any  payment
                           such  release  or  other  document  from  any  taxing
                           authority and such  indemnity from the intended payee
                           as  the  Trustee   shall  deem   necessary   for  its
                           protection;

                  (l)      to employ and to reasonably rely upon information and
                           advice  furnished by agents,  attorneys,  Independent
                           Appraisers,  accountants  or  other  persons  of  its
                           choice for such  purposes  as the  Trustee  considers
                           desirable;

                  (m)      to assume,  until advised to the  contrary,  that the
                           Trust  evidenced by this Agreement is qualified under
                           Section  401(a)  of the Code and is  entitled  to tax
                           exemption under Section 501(a) thereof;

                  (n)      as  directed  by  the  Administrator,  to  invest and
                           reinvest  the assets of the  Trust  Fund  in personal
                           property of any kind,  including,  but not limited to
                           bonds, notes, debentures,  mortgages, equipment trust
                           certificates,    investment    trust    certificates,
                           guaranteed investment contracts,  preferred or common
                           stock   (including  stock  of  the   Company  or   an
                           affiliate),    registered    investment    companies;
                           provided,  however, that  all investments in  Company
                           Stock  or stock  of an affiliate shall be  undertaken
                           pursuant  to the  provisions  of paragraph 3.1.   The
                           Trustee   shall  follow   the   directions   of   the
                           Administrator and shall have no duty or obligation to
                           review the assets from time to time  so acquired, nor
                           to make  any  recommendations  with  respect  to  the
                           investment, reinvestment or retention thereof;

                  (o)      to  exercise any  options,  subscription  rights  and
                           other   privileges  with  respect  to  Trust  assets,
                           subject to the provisions of Article 3;

                  (p)      to  register  ownership  of any  securities  or other
                           property held by it in its own name or in the name of
                           a nominee,  with or  without  the  addition  of words
                           indicating   that  such  securities  are  held  in  a
                           fiduciary  capacity,  and may hold any  securities in
                           bearer form, but the books and records of the Trustee
                           shall at all times reflect that all such  investments
                           are part of the Trust;

                  (q)      to  borrow  such sum or sums from time to time as the
                           Trustee  considers  necessary or desirable and in the
                           best  interest  of  the  Trust  Fund,   including  to
                           purchase  Company  Stock,  and  to  enter  into  such
                           agreements  as the Trustee  determines  necessary  or
                           appropriate to accomplish such actions,  and for that
                           purpose to  mortgage  or pledge any part of the Trust
                           Fund  (subject  to the  provisions  of  Code  Section
                           4795(c) and the regulations issued thereunder);

                  (r)      to deposit securities with a clearing  corporation as
                           defined  in  Article  8  of  the   Delaware   Uniform
                           Commercial   Code.  The   certificates   representing
                           securities,  including  those in bearer form,  may be
                           held in bulk  form  with,  and  may be  merged  into,
                           certificates  of the same  class  of the same  issuer
                           which constitute  assets of other accounts or owners,
                           without  certification as to the ownership  attached.
                           Utilization  of a  book-entry  system may be made for
                           the  transfer  or  pledge of  securities  held by the
                           Trustee or by a  clearing  corporation.  The  Trustee
                           shall at all times, however,  maintain a separate and
                           distinct record of the securities owned by the Trust;

                  (s)      to  participate in  and  use the  Federal  Book-Entry
                           Account  System, a  service  provided by the  Federal
                           Reserve  Bank for  its member banks  for  deposit  of
                           Treasury securities;

                  (t)      as directed by the Administrator, to invest a portion
                           of  the  assets of the  Trust  Fund in any collective
                           trust fund, including a  collective trust fund of the
                           Trustee or  its affiliate, which  is  maintained as a
                           medium for  the collective  investment  of  funds  of
                           pension,  profit sharing  or other  employee  benefit
                           plans, and which is qualified under Section 401(a) of
                           the Code  and is exempt from  taxation under  Section
                           501(a) of the Code,  and any assets  invested in such
                           collective  trust  fund  shall  be held and  invested
                           pursuant to  the terms  and  conditions  of the trust
                           agreement  or declaration  establishing  such  trust,
                           which are hereby incorporated by  reference and shall
                           prevail over  any contrary  provisions  of this Trust
                           Agreement.

                  (u)      to appoint a bank, trust company, or broker or dealer
                           registered under the Securities  Exchange Act of 1934
                           to act as  custodian  with  respect to any portion of
                           the trust fund;  and a custodian so  appointed  shall
                           have custody of such assets as are deposited  with it
                           and, as custodian, such rights, power and duties with
                           respect  thereto as shall be agreed upon from time to
                           time by the Trustee and such custodian; and

                  (v)      to perform any and all other acts which are necessary
                           or appropriate for the proper management,  investment
                           and distribution of the Trust Fund.

2.7      Compensation and Expenses

                  The Trustee shall be entitled to reasonable  compensation  for
its services, as agreed to between the Company and the Trustee from time to time
in writing  and to  reimbursement  of all  reasonable  expenses  incurred by the
Trustee in the administration of the Trust, provided, however, if the Trustee is
an employee at the Company,  the Trustee shall not receive  compensation for its
services  as  trustee  but may have his  expenses  reimbursed.  The  Trustee  is
authorized  to pay from the Trust Fund all expenses of  administering  the Plans
and Trust,  including its compensation and any accounting and legal expenses, to
the extent they are not paid  directly by the  Employers.  The Trustee  shall be
fully protected in making payments of  administrative  expenses  pursuant to the
written directions of the Administrator.

2.8      Exercise of Trustee's Duties

                  The Trustee shall discharge its duties hereunder solely in the
interest of the Plan's Participants and other persons entitled to benefits under
the Plan, and:

                  (a)      for the exclusive purpose of:

                           (i)      providing benefits to Participants and other
                                    persons entitled to benefits under the Plan;
                                    and

                           (ii)     defraying     reasonable    expenses      of
                                    administering the Plan;

                  (b)      with the care, skill,  prudence,  and diligence under
                           the  circumstances  then  prevailing  that a  prudent
                           person  acting in a like  capacity and familiar  with
                           such   matters   would  use  in  the  conduct  of  an
                           enterprise  of a like  character  and with like aims;
                           and

                  (c)      in  accordance  with the  documents  and  instruments
                           governing the Plan unless, in the good faith judgment
                           of the Trustee, the documents and instruments are not
                           consistent with the provisions of ERISA or this Trust
                           Agreement.

2.9      Plan Administration

                  The Plan shall be administered by the Administrator. Except as
provided in paragraph 2.6, the Trustee shall have no authority to administer the
Plan unless directed by the  Administrator.  The Administrator may authorize one
or more individuals to sign all  communications  between the  Administrator  and
Trustee  and shall at all times  keep the  Trustee  advised  of the names of the
members of the Administrator and individuals authorized to sign on behalf of the
Administrator, and provide specimen signatures thereof. With the Trustee's prior
written  consent,  the  Administrator  may  authorize the Trustee to act without
specific  directions or other directions or instructions  from the Administrator
on any  matter  or  class  of  matters  with  respect  to  which  directions  or
instructions from the Administrator are called for hereunder.  The Trustee shall
be fully protected in relying on any communication sent by any authorized person
and shall not be  required to verify the  accuracy or validity of any  signature
unless the  Trustee  has  reasonable  grounds to doubt the  authenticity  of any
signature. If the Trustee requests any directions hereunder and does not receive
them, the Trustee shall act or refrain from acting, as it may determine, with no
liability for such action or inaction.

2.10     Continuation of Powers Upon Trust Termination

                  Notwithstanding  anything to the  contrary in this  Agreement,
upon  termination  of the Trust,  the  powers,  rights and duties of the Trustee
hereunder shall continue until all Trust Fund assets have been liquidated.

         ARTICLE 3     Provisions Related to Investment in Company Stock

3.1      Investment of Cash

                  If an  Employer's  contribution  made pursuant to the terms of
the Plan for any plan year for the purpose of amortizing an acquisition  loan is
in cash,  such cash  shall be used by the  Trustee  first to make any  scheduled
amortization  payment  on  an  acquisition  loan  and,  if  any  amounts  remain
thereafter,  shall be used as the Trustee determines in his discretion.  Subject
to the provisions of paragraph  2.8, any cash dividends  received by the Trustee
on Company  Stock held in the Trust Fund shall be applied,  after the receipt of
such cash dividends,  as provided by the Plan. The Trustee has the discretion to
purchase Company Stock with the assets contained in the Participants'  ESOP Cash
Accounts,  unless  prohibited by ERISA.  The Trustee may purchase  Company Stock
from the  Company or from any  shareholder,  and such stock may be  outstanding,
newly issued or treasury  stock.  All such  purchases  must be at a price not in
excess of fair market value,  as determined by an  Independent  Appraiser  where
such stock is not publicly traded.  Pending investment of cash in Company Stock,
such  cash  may be  invested  in  savings  accounts,  certificates  of  deposit,
high-grade  short-term  securities,  common or preferred stocks, bonds, or other
investments,  or may be held in cash. Such investments may include any common or
collective funds or mutual funds (including a common, collective, or mutual fund
for  which  the  Trustee  or one of the  affiliates  of the  Trustee  serves  as
investment advisor) or other types of short-term investments.

3.2      Stock Dividends, Splits and Other Capital Reorganizations

                  Any Company  Stock  received by the Trustee as a stock  split,
dividend  distributions  with regard to stock or as a result of a reorganization
or  other  recapitalization  of  the  Company  shall  be  allocated  as of  each
Accounting Date under the Plan in proportion to the Company Stock to which it is
attributable.

3.3      Voting of Shares and Tender or Exchange Offers

                  Company  Stock  held in the Trust  Fund  shall be voted by the
Trustee  in the  manner  set forth in the Plan.  If any  tender or  exchange  or
similar  offer to purchase all or any portion of  outstanding  Company  Stock is
made by any person, the Trustee shall tender the shares as provided in the Plan.

3.4      Put Option

                  If the  distribution of a Participant's  Account is to be made
in cash, if a Participant exercises his put option rights under the Plan, or the
Trustee  expects  to incur  substantial  Trust  expenses  which will not be paid
directly by the Employers,  and the Trustee  determines  that the Trust Fund has
insufficient cash to make anticipated  distributions or pay Trust expenses,  the
Trust shall have a "Put Option" on Company Stock it holds to the Company for the
purpose of making such anticipated  distributions and paying such expenses.  The
purchase  price for the sale of stock by the Trustee to the Company shall be the
fair market value of the stock as of the date of the sale, as  determined  under
the provisions of the Plan.

         ARTICLE 4     Miscellaneous

4.1      Disagreement as to Acts

                  If there is a  disagreement  between the Trustee and anyone as
to any act or transaction reported in any accounting, the Trustee shall have the
right to have its account settled by a court of competent jurisdiction.

4.2      Persons Dealing with Trustee

                  No person dealing with the Trustee shall be required to see to
the  application of any money paid or property  delivered to the Trustee,  or to
determine whether or not the Trustee is acting pursuant to any authority granted
to it under this Agreement or the Plan.

4.3      Benefits May Not Be Assigned or Alienated

                  The   interests   under  the  Plan  and  this   Agreement   of
Participants  and other  persons  entitled  to  benefits  under the Plan are not
subject  to the  claims  of  their  creditors  and  may  not be  voluntarily  or
involuntarily assigned,  alienated or encumbered,  except to the extent that the
Administrator  directs  the  Trustee  that any such  interests  are subject to a
qualified domestic relations order, as defined in Section 414(p) of the Code.

4.4      Evidence

                  Evidence  required of anyone  under this  Agreement  may be by
certificate,  affidavit,  document or other instrument that the person acting in
reliance thereon considers pertinent and reliable, and signed, made or presented
by the proper party.

4.5      Waiver of Notice

                  Any  notice  required  under this  Agreement  may be waived in
writing by the person entitled thereto.

4.6      Counterparts

                  This Agreement may be executed in any number of  counterparts,
each of which  shall be deemed an  original  and no other  counterparts  need be
produced.

4.7      Governing Laws and Severability

                  This Agreement shall be construed and  administered  according
to the laws of the  State of  Delaware  to the  extent  that  such  laws are not
preempted by the laws of the United States of America.  If any provision of this
Agreement is held illegal or invalid,  the  illegality or  invalidity  shall not
affect the remaining  provisions of the Agreement,  but shall be severable,  and
the  Agreement  shall be  construed  and  enforced  as if the illegal or invalid
provision had never been inserted herein.

4.8      Successors
                  This  Agreement  shall be  binding on the  Employers,  and any
successor thereto by virtue of any merger, sale,  dissolution,  consolidation or
reorganization, on the Trustee and its successor, and on all persons entitled to
benefits under the Plan and their respective heirs and legal representatives.

4.9      Action

                  Any action  required or  permitted  to be taken by the Company
under this  Agreement  shall be by  resolution of its Board of Directors or by a
person or  persons  authorized  by  resolution  of its Board of  Directors.  The
Trustee  shall  not  recognize  or  take  notice  of  any   appointment  of  any
representative  of the Company or Administrator  unless and until the Company or
the Administrator shall have notified the Trustee in writing of such appointment
and the extent of such representative's  authority.  The Trustee may assume that
such appointment and authority will continue in effect until it receives written
notice to the contrary  from the Company or  Administrator.  Any action taken or
omitted to be taken by the Trustee by  authority  of any  representative  of the
Company or Administrator within the scope of his authority shall be as effective
for all purposes  hereof as if such action or nonaction  had been  authorized by
the Company or Administrator.

4.10     Conformance with Plan

                  Unless  otherwise  indicated  in  this  Trust  Agreement,  all
capitalized  terms shall have the  meaning as stated in the Plan.  To the extent
the  provisions of the Plan and this Agreement  conflict,  the provisions of the
Plan shall govern;  provided however,  that the Trustee's duties and obligations
shall be determined solely under this Trust Agreement.

4.11     Indemnification

                  In  addition  to any  indemnification  provided  in a separate
agreement  between the Company and the Trustee,  the Company shall indemnify and
save harmless the Trustee from and against any and all liability,  including all
expenses  reasonably  incurred in his defense,  for actions taken by the Trustee
taken in good faith under the terms of this Trust Agreement.

4.12     Gender and Number

                  Where  the  context  admits,  words  in the  masculine  gender
include the feminine and neuter genders,  the plural includes the singular,  and
the singular includes the plural.

4.13     Headings

                  The headings of Sections of this Agreement are for convenience
of reference only and shall have no substantive effect on the provisions of this
Agreement.

         ARTICLE 5     No Reversion to Company

                  No part of the corpus or income of the Trust Fund shall revert
to any  Employer  or be used for, or diverted  to,  purposes  other than for the
exclusive  benefit of Participants  and other persons entitled to benefits under
the Plan, provided, however, that:

                  (a)      Each  Employer's   contribution  under  the  Plan  is
                           conditioned on the initial  qualification of the Plan
                           as applied to that Employer  under Section  401(a) of
                           the  Code  and  if the  Plan  does  not so  initially
                           qualify, the Trustee shall, upon written direction of
                           the Administrator, return to that Employer the amount
                           of such contribution and any increment thereon within
                           one calendar  year after the date that  qualification
                           of the Plan, as applied to that Employer,  is denied,
                           but  only if the  application  for  qualification  is
                           submitted within the time prescribed by law.

                  (b)      If, upon  termination of the Plan with respect to any
                           Employer,  any  amounts  are  held in a 415  Suspense
                           Account which are  attributable to the  contributions
                           of such Employer and such amounts may not be credited
                           to the Accounts of Participants,  such amounts,  upon
                           the written direction of the  Administrator,  will be
                           returned  to that  Employer  as  soon as  practicable
                           after the  termination  of the Plan with  respect  to
                           that Employer.

                  (c)      Employer contributions under the Plan are conditioned
                           upon the  deductibility  thereof under Section 404 of
                           the Code, and, to the extent any such deduction of an
                           Employer is disallowed,  the Trustee shall,  upon the
                           written  direction of the  Administrator,  return the
                           amount   of   the   contribution   (to   the   extent
                           disallowed),  reduced  by the  amount  of any  losses
                           thereon,  to the  Employer  within one year after the
                           date the deduction is disallowed.

                  (d)      If a contribution  or any portion  thereof is made by
                           an Employer by a mistake of fact,  the Trustee shall,
                           upon written direction of the  Administrator,  return
                           the  amount  of the  contribution  or  such  portion,
                           reduced by the amount of any losses  thereon,  to the
                           Employer within one year after the date of payment to
                           the Trustee.

Notwithstanding  the  foregoing,  the  Trustee has no  responsibility  as to the
sufficiency of the Trust Fund to provide any  distribution  to an Employer under
this Article V.

         ARTICLE 6     Change of Trustee

6.1      Resignation

                  The Trustee may resign at any time by giving  thirty (30) days
advance written notice to the Board of Directors of the Company.

6.2      Removal of the Trustee

                  The Company,  acting through its Board of Directors may remove
the Trustee by giving  thirty (30) days advance  written  notice to the Trustee,
subject to providing the removed Trustee with  satisfactory  written evidence of
the appointment of a successor Trustee and of the successor Trustee's acceptance
of the trusteeship.

6.3      Duties of Resigning or Removed Trustee and of Successor Trustee

                  If the  Trustee  resigns  or is  removed,  it  shall  promptly
transfer and deliver the assets of the Trust Fund to the successor Trustee,  and
may reserve  such amount to provide  for the payment of all fees,  expenses  and
taxes then or  thereafter  chargeable  against the Trust Fund, to the extent not
previously paid by the Company.  The Company shall be obligated to reimburse the
Trust for any amount  reserved by the Trustee.  Within 120 days, the resigned or
removed  Trustee  shall  furnish to the  Company  and the  successor  Trustee an
account of its  administration  of the Trust from the date of its last  account.
Each  successor  Trustee  shall succeed to the title to the Trust Fund vested in
his predecessor without the signing or filing of any further instrument, but any
resigning  or  removed  Trustee  shall  execute  all  documents  and do all acts
necessary to vest such title or record in any successor Trustee.  Each successor
shall have all the powers,  rights and duties  conferred by this Trust Agreement
as if it were the  originally  named  Trustee.  No  successor  Trustee  shall be
personally liable for any act or failure to act of a predecessor  Trustee and no
predecessor trustee shall be liable for any act of a successor trustee. With the
approval  of the  Administrator,  a  successor  Trustee  may accept the  account
rendered and the property  delivered to it by its predecessor  Trustee as a full
and  complete  discharge  to  the  predecessor  Trustee  without  incurring  any
liability or responsibility for so doing.

6.4      Filling Trustee Vacancy

                  The Board of Directors of the Company  shall fill a vacancy in
the office of Trustee as soon as  practicable by a writing filed with the person
or entity appointed to fill the vacancy.

6.5      Successor Trustee

                  In the event of the  resignation  of the  Trustee  pursuant to
Section  6.1,  or the  removal  of the  Trustee  pursuant  to Section  6.2,  the
successor Trustee appointed by the Administrator with the consent of the Company
pursuant  to Section 6.4 shall be a  corporation  experienced  in the  fiduciary
aspects of  leveraged  employee  stock  ownership  plans and in the  business of
providing trust and fiduciary services to such plans.

         ARTICLE 7     Additional Employers

                  Any  Controlled  Group Member (as defined  below) may become a
party to this Trust Agreement by:

                  (a)      filing with  the Company and the  Trustee a certified
                           copy of a  resolution of its  Board  of  Directors to
                           that effect; and

                  (b)      filing  with  the  Trustee  a  certified  copy  of  a
                           resolution of the  Board of  Directors of the Company
                           consenting to such action.

A "Controlled  Group Member" is any  corporation,  trade or business  during any
period in which it is, along with the Company, a member of a controlled group of
corporations,  a group of  trades  or  businesses  under  common  control  or an
affiliated  service group,  as described in section  414(b),  414(c) and 414(m),
respectively, of the Code or as described in regulations issued by the Secretary
of the Treasury or his delegate pursuant to section 414(o) of the Code.

         ARTICLE 8     Amendment and Termination

8.1      Amendment

                  While the  Employers  expect and intend to continue the Trust,
the  Company  reserves  the right to amend the Trust at any time  pursuant to an
action of the  Company's  Board of  Directors,  except that no  amendment  shall
change  the  rights,  duties and  liabilities  of the  Trustee  under this Trust
Agreement  without  its prior  written  agreement,  nor  reduce a  Participant's
benefits to less than the amount such  Participant  would be entitled to receive
if such Participant had resigned from the employ of the Employers on the date of
the amendment. Amendments to the Trust shall be effective upon execution of such
amendments by the Board of Directors of the Company.

8.2      Termination

                  The Trust may be  terminated  as to all  Employees on any date
specified by the Board of Directors of the Company.  The Trust will terminate as
to any Employer on the first to occur of the following:

                  (a)      the date it is terminated by that Employer;

                  (b)      the date such  Employer's contributions to  the Trust
                           are completely discontinued;

                  (c)      the  date  such  Employer   is  judicially   declared
                           bankrupt under Chapter 7 of the U.S. Bankruptcy Code;
                           or

                  (d)      the   dissolution,    merger,    consolidation,    or
                           reorganization of that Employer,  or the sale by that
                           Employer of all or  substantially  all of its assets,
                           except that,  with the consent of the  Company,  such
                           arrangements  may be made  whereby  the Trust will be
                           continued by any  successor  to that  Employer or any
                           purchaser  of  all  or  substantially   all  of  that
                           Employer's  assets,  in which case the  successor  or
                           purchaser will be substituted for that Employer under
                           the Trust.

The Trustee's  powers upon  termination  as described  above will continue until
liquidation  of the  Trust  Fund,  or the  portion  thereof  attributable  to an
Employer,  as the case may be. Upon termination of this Trust, the Trustee shall
first reserve such  reasonable  amounts as it may deem  necessary to provide for
the payment of any expenses,  fees or taxes then or thereafter chargeable to the
Trust  Fund.  Subject to such  reserve,  the  balance of the Trust Fund shall be
liquidated  and  distributed  by  the  Trustee  to or  for  the  benefit  of the
Participants  or their  beneficiaries,  as directed by the  Administrator  after
compliance with applicable  requirements of ERISA, as amended from time to time,
or other applicable law,  accompanied by a certification that the disposition is
in accordance  with the terms of the Plans and the Trustee need not question the
propriety of such  certification.  The Company shall have full responsibility to
see that such distribution is

<PAGE>

 proper and within the terms of the Plans and this Trust.

                  IN WITNESS  WHEREOF,  the Company and Trustee have caused this
Trust Agreement to be executed as of the day and year first above written.

                                            GREEN MOUNTAIN COFFEE, INC.

                                            By:  Robert D. Britt
                                            ------------------------

                                            Its: Secretary/Treasurer
                                            ------------------------

                                            /s/ Robert D. Britt
                                            ------------------------------------
                                            Robert D. BrittChefExpress.net, Inc.

                      Series A Convertible Preferred Stock
                               Purchase Agreement

         This Agreement is made by and between ChefExpress.net, Inc., a Delaware
corporation ("Company") and Green Mountain Coffee Roasters ("Investor").

         WHEREAS,  Green Mountain  Coffee Roasters is the holder of a Promissory
Note of the Company dated March 21, 2000, in the amount of $100,000; and

         WHEREAS,  on August 25, 2000 the Company made a written offer to redeem
its  outstanding  Notes by issuing to Green  Mountain  Coffee  Roasters  207,189
shares of its Series A Convertible  Preferred  Stock and 50,000 warrants for its
Common  Stock and on  August  25,  2000  Investor  accepted  such  offer.  (Said
Agreement is incorporated herein by reference as if fully set forth.)

         NOW, THEREFORE, in consideration of the mutual  covenants, promises and
conditions herein set forth, the parties hereby agree as follows:

         1.       AUTHORIZATION OF SERIES A PREFERRED; USE OF PROCEEDS.

                  1.1 On or before the Closing Date (as defined below),  Company
shall have duly adopted and filed with the Secretary of State a  Certificate  of
Designation  (the  "Designation")  in the form  attached  to this  Agreement  as
Exhibit A, to create and authorize 4,000,000 shares of Series A Preferred having
the rights,  privileges and preferences set forth in the Designation,  and shall
have taken all necessary  corporate action for authorizing the sale and issuance
of the Shares to Investor under this Agreement.

         2. ISSUANCE OF SHARES AND WARRANTS. Subject to the terms and conditions
of this Agreement, the Company will issue the Shares and Warrants to Investor in
return for Investor canceling the above-described  indebtedness.  Investor shall
deliver to the Company the original  Promissory  Notes marked paid in full on or
before  September  25,  2000.  The  Company  shall  deliver  to the  Investor  a
certificate  in the  form  duly  authorized  by the  Company  in the name of the
Investor  representing  the Shares.  In  addition,  the Company and the Investor
shall  each  deliver to the other  original,  signed  counterpart  copies of the
Company's  Shareholder  Agreement  (the  "Shareholder  Agreement")  in the  form
attached hereto as Exhibit B. The Company agrees that all purchasers of Series A
Preferred  shall be  required  to  enter  into the  Shareholder  Agreement  as a
condition of their purchase.

         3.       COMPANY'S REPRESENTATIONS.  Company represents and warrants to
Investor, as of the date hereof and again as of the

Closing,  which  representations  and warranties  are each  conditions to all of
Investor's obligations under this Agreement, as follows:

                  3.1 The consummation of the transactions  contemplated  hereby
will not result in any breach of, or constitute a default under,  any indenture,
agreement or other  instrument  or  obligation to which Company is a party or by
which Company may be bound.

                  3.2 Company  has the full and  unencumbered  right,  power and
authority to issue and sell the Shares to Investor hereunder,  free and clear of
all mortgages, restrictions, liens, encumbrances and charges.

                  3.3 Company has not taken or omitted to take any action  which
may have a material  adverse effect on the financial  condition or operations of
Company, that has not been heretofore disclosed to Investor.

                  3.4 None of the representations and warranties made by Company
herein  contains any untrue  statement of a material  fact, or omit any material
fact the omission of which would be misleading.

         4.       INVESTOR'S REPRESENTATIONS.  Investor represents  and warrants
to  Company, as  of  the  date  hereof  and  again  as  of  the  Closing,  which
representations  and  warranties   are  each   conditions  to  all  of Company's
obligations under this Agreement, as follows:

                  4.1 All matters relating to Company,  its business,  financial
condition,  results from  operations and prospects and Investor's  investment in
the Shares and the shares of Common Stock of Company issued on any conversion of
the Shares (the  "Securities")  have been  explained  to Investor to  Investor's
satisfaction.  Investor understands the speculative nature and risks involved in
Investor's  investment  and has  been  provided  with all  such  information  as
Investor has requested.  Investor  understands that Investor should in no manner
rely on the  accuracy or validity of any  financial  information  which may have
been  provided to  Investor  in forming a decision to invest in the  Securities.
Investor acknowledges that Company makes no representation as to the accuracy or
validity of any financial information provided to Investor.

                  4.2  Investor  understands  that  the  Securities  are  highly
speculative  and  that  Investor's  purchase  of  Securities  is  subject  to  a
significant number of risks associated with Company's lack of operating history,
including,  but not  limited  to,  the  following:  Company  is very new  having
incorporated on October 6, 1999, has never been profitable and will operate at a
loss,  and has advised  Investor that there can be no assurance  that it will be
profitable  in the future;  there are no funds  provided  from  operations,  and
Company is depending on the proceeds from the Offering to provide  substantially
all of its initial capital, and the proceeds of the Offering may be insufficient
to fund Company's ongoing operations and expansion;  if Company has insufficient
funds,  there can be no assurance that  additional  financing can be obtained on
acceptable  terms,  if at all;  Company's  results of  operations  may fluctuate
significantly  from quarter to quarter;  Company will depend upon a small number
of key executive  officers and consultants;  and Company may be unable to retain
the necessary  personnel or acquire other  resources  necessary to implement its
business plan.

                  4.3  Investor   understands   that   Investor's   purchase  of
Securities is subject to a significant  number of  additional  risks  associated
with Company's  agreements with its business  partners and the industry in which
it operates.

                  4.4 Investor understands that as part of Company's strategy to
attain a competitive position, Company will rely on outside consulting companies
and its ability in evaluating  potential  acquisitions of businesses,  products,
and technologies. Investor understands that Company does not have any experience
in  connection  with entering  into such  transactions  and that there can be no
assurance that suitable  acquisitions will be identified,  that any acquisitions
can  be  consummated  or  that  any  acquired  businesses  can  be  successfully
integrated into Company's operations. In addition, Investor understands that any
acquisitions  may have a material  adverse effect upon Company,  particularly in
the fiscal quarters immediately  following the consummation of such transactions
due to operational  disruptions,  unexpected  expenses,  and accounting  charges
which may be associated with the integration of such acquisitions.

                  4.5  Investor   understands   that  a  major  portion  of  the
information  provided to Investor  includes  forward  looking  information as to
Company's  future  operations  and  results.   Investor  understands  that  this
information is based on assumptions as to events and  conditions,  many of which
are beyond the control of Company,  and that there can be no assurance that such
events or  conditions  will occur,  or that  Company  will  achieve any positive
results.

                  4.6     Investor is not acting on the basis of any promotional
sales materials or representations and warranties  with respect to Company,  its
business and financial  condition, other than those  contained in this Agreement
or the  other   documents or written  information  furnished  by   Company  upon
request  by  Investor  or  Investor's advisors.

                  4.7     Investor  is  acquiring   the  Securitie   solely  for
Investor's own account and not for distribution, transfer, or resale to others.

                  4.8 Investor must bear the economic risk of the acquisition of
the Securities for the foreseeable  future because (a) the offer and sale of the
Securities has not been registered  under the Securities Act of 1933, as amended
(the  "Securities  Act"),  or  applicable  state  securities  laws,  and (b) the
Securities  may  therefore  not be  sold,  transferred,  pledged,  or  otherwise
disposed of unless  subsequently so registered or, in the opinion  (satisfactory
to Company) of counsel  (satisfactory  to Company) that  registration  under the
Securities Act or any applicable state securities laws is not required.

                  4.9  Investor  has  been  afforded  the   opportunity  to  ask
questions  of,  and  receive  answers  from,  Company  and all of its  executive
officers and directors and to obtain any additional  information,  to the extent
that Company  possesses such information and has, in general,  had access to all
information  Investor has deemed material to an investment decision with respect
to Investor's acquisition of the Securities.

                  4.10 Investor has adequate  means of providing for  Investor's
current financial needs and possible personal  contingencies and has no need for
liquidity in Investor's investment in Company.

                  4.11 Investor is able to bear the economic  risks  inherent in
Investor's  investment  in  Company.   Investor  further  acknowledges  that  an
important  consideration bearing on Investor's ability to bear the economic risk
of Investor's  acquisition  of the  Securities is whether  Investor can afford a
complete  loss of  Investor's  entire  investment  in Company,  and Investor can
afford a complete loss of Investor's entire investment in Company.

                  4.12 Investor's overall commitment to investments that are not
readily  marketable  is  not  disproportionate  to  Investor's  net  worth,  and
Investor's  investment  in Company will not cause such overall  commitment to be
disproportionate.

                  4.13 Investor has such  knowledge and  experience in financial
and business matters that Investor is capable of evaluating the merits and risks
of an  investment  in Company and of making an informed investment decision.

                  4.14 If Investor is other than an individual, Investor has not
been  organized or  materially  reorganized  for  the  purpose of  investing  in
Company, although such investment is consistent with its purposes.

                  4.15 Investor  is not  aware of  any advertisement  or general
solicitation regarding an investment in Company.

                  4.16 Investor is  not a foreign  investor as  define   by  the
United  States  Department of Commerce,  and  therefore  Company  shall  not  be
required to file any Form BE-13  with the Department of Commerce with respect to
this transaction.

                  4.17 None  of  the  representations  and  warranties  made  by
Investor herein contains any untrue  statement of a material  fact,  or omit any
material  fact the omission of which would be misleading.

                  4.18 Investor acknowledges and agrees as follows:

                           (a)      The  Securities  have  not  been  registered
under  the  Securities  Act or the securities laws of any state,  and are  being
offered  and sold in reliance on  exemptions from the registration  requirements
of the  Securities Act and such laws.  The  Securities have not been approved or
disapproved  by  the  Securities and  Exchange  Commission, any state securities
commission  or other  regulatory  authority,  nor  have  any  of  the  foregoing
authorities   passed  upon  or  endorsed  the  merits  of  this  offering.   Any
representation to the contrary is unlawful.

                           (b)      The Securities  are subject  to restrictions
on transferability and resale and may not be  transferred  or resold  except (i)
as  permitted  under the  Securities  Act and applicable  state securities laws,
pursuant  to  registration  or  exemption therefrom; and (ii) in accordance with
the Shareholders Agreement.  Investor is aware  that  Investor  may be  required
to bear the financial risks of this investment for an indefinite period of time.

                  4.19 Investor  understands the meaning and legal  consequences
of Investor's  representations and warranties herein.  Investor understands that
Company has relied and shall rely on Investor's  representations and warranties,
including  without  limitation  in  determining  whether  to offer  and sell the
Securities  to Investor.  Investor  hereby agrees to indemnify and hold harmless
Company and its controlling  persons from and against any and all loss,  damage,
or liability due to or arising out of any  misrepresentation  or a breach of any
warranties contained herein.

         5.       CONDITIONS TO CLOSING.

                  5.1  Conditions to Investors'  Obligations.  The obligation of
Investor to purchase the Shares at the Closing is subject to the  fulfillment on
or before the  Closing  Date of the  following  conditions,  the waiver of which
shall not be effective unless Investor consents in writing to such waiver:

                           (a)      The  representations and  warranties made by
Company in  this Agreement shall be  true and  correct in all material  respects
when made, and shall be true and correct on the Closing Date with the same force
and effect as if they had  been made on and as of said date,  subject to changes
contemplated by this  Agreement.  Company shall have performed  all  obligations
and conditions in this Agreement required to be performed by it on or before the
Closing Date.

                           (b)      All authorizations, approvals, or permits of
any governmental authority required in  connection with the lawful  issuance and
sale of the Shares, the conversion of the Shares into  Common, and the  issuance
of Common on conversion  shall have been duly obtained and shall be effective on
and as of the Closing date.

                           (c)      The  Designation shall have  been filed with
the Secretary of  State of the State of  Delaware and shall be in full force and
effect on the Closing Date.

                           (d)      At the time of the  Closing, the purchase of
the Shares shall be legally  permitted by all laws and regulations  to which the
Investor and Company are subject.

                           (e)      Company, Investor and each other shareholder
of Company shall have entered into the Shareholder Agreement.

                           (f)      Company shall  have delivered to  Investor a
certificate representing the  Shares to be  purchased by  such  Investor,  which
Shares shall be issued in Investor's  name as set forth in this Agreement.

                           (g)      All  corporate  and  other  proceedings   in
connection  with  the  transactions  contemplated  by  this  Agreement  and  all
documents  and instruments  incident to  such transactions  shall be  reasonably
satisfactory  in form and  substance to Investor and  Investor's counsel.

                  5.2      Conditions   to  Company's   Obligations.   Company's
obligation  to  sell and  issue the Shares  at the  Closing is  subject  to  the
fulfillment on or before the Closing Date of each of the following conditions:

                           (a)      Investor's representations and warranties in
this  Agreement shall be  true and  correct  when  made,  and shall be  true and
correct on the  Closing Date with the same force and effect  as if they had been
made on and as of said  date, subject to  changes, if any, contemplated  by this
Agreement.  Investor shall have performed all obligations and conditions in this
Agreement  required to be  performed by Investor on or before the Closing Date.

                           (b)      All authorizations, approvals, or permits of
any governmental  authority required in connection with the lawful  issuance and
sale of the Shares  shall have been duly  obtained and shall be effective on and
as of the Closing Date.

                           (c)      Investor  shall have delivered  the purchase
price specified in Section 2.

         6.  Notices.  Any and all  notices,  demands  or  other  communications
required  or  permitted  to be given to a party  hereunder  (any of  which,  for
purposes  of this  provision,  a "Notice")  shall be validly  given if served in
writing either personally,  by facsimile,  by deposit in the United States mail,
first class postage prepaid,  or by a recognized  courier service to any address
in the United States.  Notices given (i) personally or by courier  service shall
be conclusively deemed received at the time of delivery and receipt (or upon the
date of attempted delivery where receipt is refused); (ii) by facsimile shall be
conclusively deemed received upon the delivering party's written confirmation of
facsimile  transmission;  and (iii) by mail shall be  conclusively  deemed given
forty-eight (48) hours after the deposit thereof.  Notices shall be addressed to
each party at the address set forth below the party's  signature.  Any party may
change its Notice address or may designate additional parties to receive Notices
by written notice given in the manner provided herein.

         7.       GENERAL PROVISIONS.

                  7.1 Severability.  Nothing contained herein shall be construed
so as to require the  commission of any act contrary to law, and wherever  there
is any conflict between any provision  contained herein (or any portion thereof)
and any present or future  statute,  law,  ordinance or  regulation  contrary to
which the parties have no legal right to contract,  the latter shall prevail but
the provision (or portion) which is affected shall be curtailed and limited only
to the extent  necessary to bring it within the requirements of the law, and all
other provisions hereof shall remain in full force and effect.

                  7.2 Further Assurances.  Each party shall use its best efforts
to cause any conditions to its obligations hereunder to be satisfied at or prior
to the time by which such  conditions must be satisfied  hereunder.  Each of the
parties agrees to execute and deliver any and all further agreements,  documents
or  instruments   necessary  to  effectuate   the  provisions   hereof  and  the
transactions  contemplated hereby or reasonably  requested by the other party to
perfect or evidence such party's rights hereunder.  Both parties shall use their
best efforts to complete  the  transactions  contemplated  hereby as promptly as
practicable. Each party shall promptly notify the other party of any information
delivered to or obtained by such party which would prevent the  consummation  of
the  transactions  contemplated  hereby  or  would  indicate  a  breach  of  any
representations or warranties of any of the parties hereto.

                  7.3  Attorneys'  Fees. In the event any action,  including but
not  limited to any  judicial  reference  or  arbitration  which may be provided
herein,  be  instituted  by a party in connection  herewith,  including  without
limitation any appeal of such action,  any post-judgment  actions (including but
not  limited to any actions to enforce any such  judgment),  and any  bankruptcy
proceedings  related  hereto,  the  prevailing  party  shall be  entitled to its
attorneys'  fees,  costs and  expenses  incurred in  connection  therewith.  The
provisions  of the previous  sentence  shall  survive and not be merged with any
judgment and shall be severable from all other provisions hereof.

                  7.4  Modifications  or  Amendments.  No  amendment,  change or
modification  hereto  shall be valid  unless in writing,  stating  that it is an
amendment,  change or  modification  hereto,  and  signed by all of the  parties
hereto.

                  7.5  Successors  and  Assigns.  Except  as  assignment  may be
otherwise  expressly  prohibited  or  restricted  herein,  all of the  terms and
provisions  contained  herein shall inure to the benefit of and shall be binding
upon  the  parties  and  their  respective  heirs,   personal   representatives,
successors and assigns.

                  7.6 Terminology.  Whenever the context  requires  herein,  the
masculine,  feminine and neuter  genders,  and the singular and plural  numbers,
respectively,  shall each  include the others.  As used in this  Agreement,  (i)
"and/or"  means one or the other or both, or any one or all, or any  combination
of the  things or  persons in  connection  with  which the words are used;  (ii)
"person" includes  individuals,  partnerships,  corporations,  limited liability
companies,  business  trusts and other  entities  of any kind or  nature;  (iii)
"shall" or "will"  denotes a  mandatory  action,  and "may"  denotes an optional
action;  and (iv) "herein",  "hereof" and "hereunder" and similar terms refer to
this Agreement in its entirety and are not limited to any specific provisions.

                  7.7      Time of the Essence.   Time is of the essence  hereof
and of all the terms, provisions, covenants and conditions hereof.

                  7.8      Exhibits,  Schedules   and  Other   Documents.    All
exhibits attached hereto and  referred to herein are hereby  incorporated herein
as though set forth at length.

                  7.9 Separate  Counterparts.  This  document may be executed in
one or more separate  counterparts,  each of which,  when so executed,  shall be
deemed  to be an  original.  Any  executed  original  counterpart  copy  hereof,
together with the original  signature  pages of any other  executed  counterpart
copies hereof, shall constitute and be one and the same instrument.

                  7.10  Entire  Agreement.  This  document,  together  with  any
related documents referred to herein,  constitutes the entire  understanding and
agreement of the parties with respect to the subject matter hereof,  and any and
all prior agreements,  understandings or  representations  are hereby terminated
and cancelled in their entirety and are of no further force or effect.

                  7.11  Captions;  Construction.  The captions  appearing at the
commencement of the paragraphs  hereof are descriptive  only and for convenience
in  reference.  Should  there be any  conflict  between any such caption and the
paragraph at the head of which it appears,  the  paragraph  and not such caption
shall control and govern in the construction of this document. This document has
been negotiated at arm's length and between  persons (or their  representatives)
sophisticated and  knowledgeable in the matters dealt with herein.  Accordingly,
any rule of law or legal  decision  that  would  require  interpretation  of any
ambiguities  contained  herein  against  the party  that has  drafted  it is not
applicable  and is waived.  The provisions of this document shall be interpreted
in a reasonable manner to effect the purpose of the parties and this document.

                  7.12  No  Obligation  to  Third  Parties.  The  execution  and
delivery of this  document  shall not be deemed to confer any rights  upon,  nor
obligate  any of the  parties  hereto,  to any person or entity  other than each
other.

                  7.13  Applicable  Law. This Agreement and the  representations
herein  shall be  governed  by and  construed  under  the  laws of the  State of
Delaware  and shall be  binding  upon and  inure to the  benefit  Company's  and
Investor's respective heirs, executors,  administrators,  legal representatives,
successors, and assigns.

               The remainder of this page is intentionally blank.

<PAGE>

         8.  Investor  represents  and warrants to Company  that  Investor is an
"Accredited  Investor" (as defined in Rule 501 of Regulation D promulgated under
the Securities Act), and Investor has initialed Investor's qualification below:

_____    A.       Investor had an  individual income in excess  of  $200,000 (or
                  joint income of $300,000 with  Investor's  spouse) for each of
                  1998 and 1999 and  reasonably  expect  an  income in excess of
                  $200,000 (or joint income of $300,000 with Investor's  spouse)
                  for 2000.

_____    B        As   of  the  date  of  this   Agreement,   Investor   (either
                  individually or  with  Investor's  spouse) has  a net worth in
                  excess of $1,000,000.

_____    C.       Investor is an  entity in which all of the  equity owners  are
                  "accredited investors."

__X__    D.       Other - see  the  definitions on  Exhibit  C hereto  for other
                  possible  qualifications  and   provide  the  number  of  such
                  qualification here:  __3__.

Note:  The term  "net  worth"  means  the  excess  of total  assets  over  total
liabilities.  In computing net worth, your principal residence must be valued at
cost,  including cost of improvements,  or at a recently appraised value (net of
encumbrances) by an institutional lender making a secured loan.

IN WITNESS WHEREOF, this Agreement has been executed by the undersigned.

/s/ Robert D. Britt                      Date:  9/20/00
-------------------                      ---------------------------------------
Signature of Investor

Green Mountain Coffee Roasters, Inc.                   03-0280558
------------------------------------     ---------------------------------------
Print Name                               Soc. Sec. No. or IRS Employer ID Number

____________________________________     Date:__________________________________
Signature of Co-investor

____________________________________
Print Name

Investment Amount:                       Number of Shares @ $0.50 per Share:
   $103,594.50                                           207,189
------------------                       ---------------------------------------

Address  of Investor(s):                 Investment is made as (check one only):
33 Coffee Lane                               ____Individual
------------------------------------         ____Joint Tenants
Waterbury, VT 05676                          ____Community Property
------------------------------------         ____Tenants in Common
Fax: _______________                         __X_Other (state: Corporation)
                                                              ------------------

Accepted by ChefExpress.net, Inc.:
Date: 9/20/2000                           By: /s/ William Davis
     ----------                              ------------------
                                         Its: President
                                             ------------------
Address of Company:
1 ChefExpress Way
Waterbury, VT  05676
Fax: _______________

<PAGE>

                                    EXHIBIT C

                        DEFINITION OF ACCREDITED INVESTOR

1)                An  individual having an  individual net  worth or a joint net
         worth with spouse at the time of purchase in excess of $1,000,000;

2)       An individual whose net income was in excess of $200,000 in each of the
         two most recent years,  or whose joint income with spouse was in excess
         of $300,000 in each of those years, and who reasonably  expects his net
         income to reach such level in the current year;

3)       A corporation, partnership, Massachusetts or similar business trust, or
         organization  described in Section  501(c)(3)  of the Internal  Revenue
         Code of 1986, as amended (tax exempt organization),  not formed for the
         specific  purpose of acquiring the Shares having total assets in excess
         of $5,000,000;

4)       Any director, executive officer or general partner of the issuer of the
         Shares,  or any  director,  executive  officer or general  partner of a
         general partner of that issuer;

5)                A  bank,  savings   and  loan  association  or  other  similar
         institution  (as defined in  Sections  3(a)(2) and  3(a)(5)(A)  of  the
         Securities Act);

6)                An insurance company  (as defined  in  Section  2(13)  of  the
         Securities Act);

7)                An investment company registered  under the Investment Company
         Act of 1940, as amended (the "Investment Company Act");

8)       A business  development  company (as defined in Section 2(a)(48) of the
         Investment Company Act) or a private business  development  company (as
         defined in Section 202(a)(22) of the Investment Advisers Act of 1940);

9)                A Small Business Investment Company licensed by the U.S. Small
         Business   Administration under  Sections  301(c)  or (d) of  the Small
         Business Investment Act of 1958;

10)               A broker or  dealer registered pursuant to  Section 15 of  the
         Securities Exchange Act of 1934, as amended;

11)      A  plan   established   and  maintained  by  a  state,   its  political
         subdivisions,  or any  agency  or  instrumentality  of a  state  or its
         political subdivisions for the benefit to its employees, which plan has
         total assets in excess of $5,000,000;

12)      An employee benefit plan within the meaning of the Employee  Retirement
         Income  Security Act of 1974 ("ERISA"),  if the investment  decision is
         made by a "Plan Fiduciary", as defined in Section 3(21) of ERISA, which
         is either a bank,  savings and loan  association,  insurance company or
         registered investment adviser;

13)               An employee  benefit plan within  the meaning of  ERISA having
         total assets in excess of $5,000,000;

14)      A self-directed employee benefit plan within the meaning of ERISA, with
         investment   decisions  made  solely  by  persons  who  are  accredited
         investors as defined in Rule 501(a) of Regulation D;

15)      A trust with total  assets in excess of  $5,000,000  not formed for the
         specific  purpose of acquiring  Shares whose  purchase is directed by a
         sophisticated   person  (i.e.,   person  who  has  such  knowledge  and
         experience  in  financial  and  business  matters that he is capable of
         evaluating the merits and risks of any investment in the Shares); or

16)               Any entity in which all of the  equity owners  are "accredited
         investors."

The term "net worth" means the excess of total assets over total liabilities. In
computing net worth, your principal residence must be valued at cost,  including
cost of improvements,  or at a recently appraised value (net of encumbrances) by
an institutional lender making a secured loan.

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